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Crystalballz

01/14/11 5:56 PM

#45544 RE: ontherise #45542

gotta be an accredited investor to get the LBSR deals and the two most common loopholes for individuals are as follows:


a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or





a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase;



And real estate does not count for net-worth in the second one

rl71852

01/14/11 6:11 PM

#45547 RE: ontherise #45542

So everybody buying large blocks should go to the company so they can delute more shares? I bought my shares on the high end with all the hype going on and average down to about .08 a share. This is the first time I seen this type of report on LBSR. So one of the posters here said they have 11 mil shares or so, did he get a match?