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.