New s 1 out
posted on
Jan 16, 2015 10:20PM
Seems like we are indeed desperate.
Someone please point me to the bright side of this............
From Ice man on the other board
This new S-1 ... This is awful ...- page 13
In connection with the sale of the securities or interests therein, the selling stockholder may enter into hedging transactions with broker-dealers or other financial institutions, which may in turn engage in short sales of the securities in the course of hedging the positions they assume.
The selling stockholder may also sell securities short and deliver these securities to close out its short positions, or loan or pledge the securities to broker-dealers that in turn may sell these securities.
Unless this is needed for "inking" the "Deal" on a JV that we are ALL hoping for in the next few days, LBSR PPS is stuck in a death spiral as Tangiers Capital can short (sell) to get a better price on ALL the shares LBSR sells and cover the short with THE SAME SHARES in this agreement!