Liberty Star Uranium and Metals Corp (LBSR)

[mstoneinv]

This is SO SLEAZY!! Company insiders MILKING SHAREHOLDERS for 10% interest. I would love to get a virtually guaranteed 10% on parking my money somewhere. And yes it is guaranteed because they have an unlimited number of shares to sell to the SAME IDIOTS who they know will keep buying, insuring they get paid back.

During the three months ended April 30, 2019, the Company received advances of $22,000 from directors under promissory notes due in February 2020, with interest at 10%. Additionally, the Company has a note payable of $10,000 from James Briscoe, under a promissory note dated September 17, 2018, due September 17, 2019, with interest at 10%. As of April 30, 2019, the total balance of these notes was $133,345, which includes accrued interest of $5,453.