Updated & Corrected Share Structure-
Updated to Add in the 1,313,370 PP:
9/20/10: Outstanding: 436,983,515
Float: 320,650,539
1/13/11: Outstanding: 602,411,882
Float 454,300,422
My assumptions behind this-
165,428,367 Increase during that time frame.
2 things happened during that time-
1. 31,778,484 shares in PP's-
2. So 165,428,367 - 31,778,484 leave 133,649,883 converted by the warrant holders-they have 56,171,010 left to convert out of the 154,690,207 +35,130,686 awarded in the settlements.
so this leaves the following warrants to be converted in the future:
1. Settlement Warrants at .0002: 56,171,010-Cashless
2. Settlement Warrants at .10: 22,098,601 -proceeds($$) to LBSR
3. PP Warrants at .06: 5,465,114 -proceeds($$) to LBSR
3a. PP Warrants at .06: 1,313,370 -proceeds($$) to LBSR
4. PP Warrants at .056: 25,000,000 -proceeds($$) to LBSR
5. LBSR Board & Management Options at .038 88,000,000-Cashless