Liberty Star Uranium & Metals Corp.

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Message: The 10-K is out. Study away.

Of particular interest, under Notes to Financial Statements:

  • Related Party Transactions
  • Commitments and Contingencies
  • Subsequent Events

What I'm seeing is that LBSR owes Briscoe a whole bunch of money, yet they are suing him for return of property that has no book value to the company.

It also appears that Gross is putting up quite a bit of his own money to keep the company going.

IMHO, neither one will ever see any of the money that is owed to them.

 

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