You are looking at skewed data. Accuracy is contained within the filings. Start here at the beginning so it becomes clear:
"ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Liberty Star Gold Corp., formerly Titanium Intelligence Inc. (the “Company”) completed the acquisition of Liberty Star Gold Corp., a Nevada corporation effective February 3, 2004. As a result of this acquisition, there has been a change of control of the Company.
The acquisition was completed by the merger of the Company’s subsidiary, Liberty Star Acquisition Corp. (“Liberty Star Acquisition”) with Liberty Star Nevada. Liberty Star Nevada was a Nevada corporation that was owned by Alaska Star Minerals LLC (“Alaska Star Minerals”) prior to the merger. Alaska Star Minerals is an Arizona limited liability company that is owned equally by James Briscoe and Paul Matysek. The merger was completed effective February 3, 2004, with Liberty Star Acquisition as the surviving corporation. On closing of the merger, the Company issued 17,500,000 shares of the Company’s common stock to Alaska Star as the sole shareholder of Liberty Star Nevada. As a result of this issuance, there are now 37,500,000 shares of the Company’s common stock outstanding, of which approximately 46.6% are owned by Alaska Star. Subsequent to the merger, Liberty Star Acquisition was merged into the Company through a parent/ subsidiary merger completed pursuant to NRS 92A.180. This parent/ subsidiary merger was completed effective February 5, 2004. The Company’s name was changed to “Liberty Star Gold Corp.” in connection with the completion of the parent/ subsidiary merger. The Merger and related transactions are described in detail below under the heading "Item 2. Acquisition or Disposition of Assets."
As a condition to the closing of the Merger, the Company agreed to appoint James Briscoe and Jon Young as members of the Company’s board of directors on closing, and that Chen (Jason) Wu and Paulo Martins, would tender their respective resignations as directors of the Company to be effective ten days after closing of the Merger. Accordingly, James Briscoe and Jon Young were appointed as members of the Company’s board of directors effective on February 3, 2004. Chen (Jason) Wu and Paulo Martins resigned as directors of the Company on February 3, 2004. Subsequent to completion of the Merger, Dr. John M. Guilbert was appointed to the Company’s board of directors. "
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