Replies to post #33333 on Liberty Star Uranium and Metals Corp (LBSR)

[CEMJQ Multi-Millionaire]

No paid in capital, no gain/loss in excess of paid in capital, it all flows or passes thru to the individual. Simply incentive for management to enrich themselves with a higher stock price. I can live with that as I will be enriched at the same time. Get the stock up and everybody wins big.

[MarketGeometry]

Okay..yea i rememeber they issued 78 Million shares option before with exercise price .038 then canceled those shares but it triggered the law suit anyway. Now they are just re-issuing them with 10 million more shares-total of 88 million. So this is not news. It will increase the OS though.

[Manti]

No brikk. It's cashless exercise, meaning they don't have to have cash in advance to exercise them: they can pay the exercise price to the company from the proceeds of the sale of the shares. The company will receive the .038/share.

[weathervane]

There has to be a reason why this has been formalized now, doesn't there? Why would they have waited at all to formalize this? I don't get it.