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When the BOD's loaned money to LBSR not only will they get 10%, plus, like a bank they will want collateral. LBSR my not have much in collateral except claims that are unproven, however they must have some equipment. So if LBSR goes under they would get what can be sold plus I think the value of any claims whatever that may be. Now if the BOD's would loan like million $$$ to start a drilling program now we got something here.
There is nothing wrong to get both sides of the story. When you have consent pump to move the pps just to for them to flip the stock I feel is wrong, like the days when it went to .19. However, the hate being written here by some is out of line.
I don't know how you can misunderstand that statement. If you cannot short a penny stock than the only way to to sell it is if you own it.
never said to short sell the stock what are you talking about? if you think a stock could go down you will sell it just as if you think it could go up you buy it.
very simple if you think it will go up you buy if you think it will go down you sell
It was nice to see pps holding at .0017 after what the 10k look like. I think the only people buying this stock are people looking for a quick flip and make couple hundred $'s. Not that there is any thing wrong with that. I will be very surprise if this can hold this price unless some news comes soon.
I do care about a publicly traded company that sells shares using deception and hype.
Thank you for your concern to protect me and other shareholders I hope you have the same passion on other companies,( which is just about every other company) that uses deception and hype.
For the past month it has been predicted to back to trips. As you can see it has not, trying to predict sub penny stock is difficult, odds are it will go down, however with any good news it will rocket up. It's the old saying do you feel lucky. I just don't understand why anyone would care how people want to spend their money?
How can you say the new management is no different? Look at the pps that is different, much higher.
NEGATIVE SCAM ALERT
BID UP TO .0012 looks like running low of shares price going up!!!!!!
ASK HOLDING AT.0013 !!!!!!!
.0013 ask!!!!!!!!!!!!!
hey hey hey back up, funny how stocks go up and down, crazy how people get all excited on one tick
looks like the pps is up
be nice if they had uranium
you said the pps would be back down to .0003 by now, it's .0012.
Did pps go up???
Well your not one of the people that have been here for over 9 years and read many lies from this company to sell shares. Now that a new group of pumpers come to make money off the unexpected and than sell there shares while pumping up the stock is just not right.
For the new people here there is no new news here for this stock to hold these gains imo. Unless if you know something that the public does not. If you want to invest your money here and do a quick flip more power to you we are all here to try and make money. (Except a couple people who want to save the world).
Eli in your opinion whats does this name change mean?
Or why are they changing it now?
Yes they are paying the bills but at what cost to LBSR? 10% interest plus what is the collateral? They are not doing this free.
This is not like a PP were if they bankrupt you get nothing.
No lender gives out money without collateral.
GO NAK GO oh this is the LBSR board.
Yes it was a sad sad day for LBSR
Anybody have opinions why JB was let go as CEO? We have not heard from him at all. Of course with his past record he should have been fired years ago. Are they close to a deal and one of the conditions is to get rid of JB because no one can work with him? He must of piss off a lot people over the years. Most companies that he work with ended up suing LBSR.
another boring day for lbsr
Wow what happen?
Lenders must be out of shares to sell
The only good I can see is might keep the doors open for who knows how long. To keep paying the bills they need lenders who can make money selling shares. I'll buy as money shares as you do.
Yes when I read that it seems a reverse split is coming. There is no other way, there seems like no deal is close. I feel the reason JB left is he promise everyone that he would never do a RS, so if it happens he would have to leave anyway. So just leave now.
For many years now I stated that JB needed to go. He might know rocks however he did not have a clue running a business. There had to be reason why nobody would deal with him and whoever he work with ended up suing. Hope it is not to late for LBSR, for my own greed reason.
If that is the case, than most would be force to approve the RS. They will think it would be better than lose all of their money. It would keep their hope alive that something could happen.
Looks like it is normal here now in good ol LBSR land.
This is just crazy!
Looks like the lenders are pumping LBSR to get rid of their shares, otherwise they could lose some money. Once they sell their shares the pumpers will be gone.
Wonder if they are breaking any laws?
No there will be a reverse split and it will continual.
The excuse will be to keep the doors open. He be doing it for the shareholders so they will not lose everything, because he has the goods and he is close to a deal that he can't say with who.
Look at the great deal you now can get on PPS. Everyone needs to average down.
Thanks JB
Was it honest information to get PP money for drilling and than not use it for drilling?
Was it honest information to have a deal on the NP's to get an income stream that could not be done and now we have no claims there?
How many shares were sold on that honest information?
Either JB lied or he has no clue what he is doing.
So what are you saying? That it is ok for LBSR to say anything to keep the doors open and to sell shares. How many years has JB imo say things that were crazy and not true, all to sell shares.
Fool me once shame on you.
Fool me twice same on me.