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Re: learningthetruth post# 42806

Thursday, 01/13/2011 2:02:14 PM

Thursday, January 13, 2011 2:02:14 PM

Post# of 173217
Updated Share Structure-

9/20/10: Outstanding: 436,983,515
Float: 320,650,539


1/13/11: Outstanding: 601,098,512
Float 454,300,152

My assumptions behind this-

164,114,997 Increase during that time frame.

2 things happened during that time-

1. 30,465,114 shares in PP-

2. So 164,114,997 - 30,465,114 leave 133,649,883 converted by the warrant holders-they have 56,171,010 left to convert out of the 154,690,207 +35,130,686 awarded in the settlements.


so this leaves the following warrants to be converted in the future:

1. Settlement Warrants at .0002: 56,171,010

2. Settlement Warrants at .10: 22,098,601

3. PP Warrants at .06: 5,465,114

4. PP Warrants at .056: 25,000,000

5. LBSR Board & Management Options at .038 88,000,000
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