Replies to post #161797 on Liberty Star Uranium and Metals Corp (LBSR)

[Ripcity503]

Those are the exact questions I would have. My point is more that, in theory the idea is good.
It would almost be like the gofundme (if funded) would then be a $2,000,000 private placement.

[courtpuppy]

Congratulations, with this ridiculous $2K idea, folks have figured out a way to lose even more on this pantload of a stock.

[Eli's Gone]

Ain't no lawyer--and don't like crowds much (unless they are cheerin' for you :-))--that said, shares can be sold by the company via registered offerings and unregistered offerings via an exemption to registration (506)--don't see how a gofundme fits anywhere other than a bunch of peeps raising dough...

once the dough is raised, I imagine an entity representing the crowd (an individual or corp?) could enter into a debt or equity agreement with the company--how they worked out their individual situations would have nothing to do with the co. IMO...

if even possible, I see a whole bunch of trust involved and potential legal cluster^%$#s

that's my .26 cents...

I've heard there are financial wizards here who do international deals daily---perhaps they know :-)