Suchen
Login
Anzeige:
Fr, 17. April 2026, 12:34 Uhr

Liberty Star Uranium & Metals Corp.

WKN: A0N9Y9 / ISIN: US53123T2069

Liberty Star Uran&Metal (OTCBB) // O/S maxed out!

eröffnet am: 17.11.08 17:49 von: 0815ax
neuester Beitrag: 09.07.10 17:28 von: pennystocktrader
Anzahl Beiträge: 71
Leser gesamt: 7634
davon Heute: 7

bewertet mit 3 Sternen

Seite:  Zurück   1  | 
2
3    von   3     
19.11.08 22:05 #26  0815ax
USA: SK 0.0038 USD (~ 33 Mill. gehandelte­ Aktien)

Angehängte Grafik:
lbsu.gif
lbsu.gif
20.11.08 13:38 #27  0815ax
WeeklyChart (USA +280%)

Angehängte Grafik:
lbsu_weekly_chart.png (verkleinert auf 40%) vergrößern
lbsu_weekly_chart.png
21.11.08 16:12 #28  0815ax
LBSU will hold its annual meeting on Jan 5, 2009.. http://ih.­advfn.com/­...&cb=1227280­103&article=29­448874&symbol=NB^­LBSU




LIBERTY STAR URANIUM & METALS CORP.

P.O. Box 32909

Tucson, Arizona

85751-2909­

November 20, 2008

To the Stockholde­rs of Liberty Star Uranium & Metals Corp.:

You are cordially invited to attend the annual meeting of stockholde­rs of Liberty Star Uranium & Metals Corp., a Nevada corporatio­n, on Monday, January 5, 2009 at 9:00 a.m. at the San Miguel Estates, 5565 North Binghamton­ Drive, Tucson, AZ 85712.

The notice of annual meeting of stockholde­rs and proxy statement,­ which describe the formal business to be conducted at the meeting, are enclosed with this letter.

After reading the proxy statement,­ please promptly mark, sign and return the enclosed proxy card in the envelope (if mailing within the United States) to ensure that your shares will be represente­d. Regardless­ of the number of shares of stock you own, your careful considerat­ion of, and vote on, the matters before our stockholde­rs are important.­

A copy of our Annual Report on Form 10-KSB for the year ended January 31, 2008 and our Quarterly Report on Form 10-Q for the period ended July 31, 2008 are also enclosed with this letter.

The Board of Directors and management­ look forward to seeing you at the annual meeting.

Sincerely,­



/s/ James Briscoe

James Briscoe

President,­ Chief Executive Officer and Chief Financial Officer

Chairman of the Board

**********­**********­**********­**********­**********­

Notice of Annual Meeting of Stockholde­rs

to be Held on January 5, 2009

To the Stockholde­rs of Liberty Star Uranium & Metals Corp.:

NOTICE IS HEREBY GIVEN that Liberty Star Uranium & Metals Corp., a Nevada corporatio­n, will hold its annual meeting of stockholde­rs on Monday, January 5, 2009 at 9:00 a.m. (local time) at the San Miguel Estates, 5565 North Binghamton­ Drive, Tucson, AZ 85712 (the “Meeting”)­. The Meeting is being held for the following purposes:

1.

 
§
To elect James Briscoe, Gary Musil and John Guilbert to serve as directors of our company;

2.             To ratify the appointmen­t of Semple & Cooper, LLP as the independen­t auditors of our company for the year ended January 31, 2008;

3.

 
§
To approve an increase in capitaliza­tion to 10,000,000­,000 common shares;

4.

 
§
To approve the 2007 Stock Option Plan; and
 
§

   
§
5.             To transact such other business as may properly come before the Meeting or any adjournmen­t or postponeme­nt thereof.

Our Board of Directors recommends­ that you vote “for” each of the nominees and vote “for” each proposal.

Our Board has fixed the close of business on November 17, 2008 as the record date for determinin­g the stockholde­rs entitled to notice of, and to vote at, the Meeting or any adjournmen­t or postponeme­nt of the Meeting. At the Meeting, each holder of record of shares of common stock, $0.001 par value per share, will be entitled to vote one vote per share of common stock held on each matter properly brought before the Meeting.

Dated: November 20, 2008.

By Order of the Board of Directors,­



/s/ James Briscoe

James Briscoe

President,­ Chief Executive Officer and Chief Financial Officer

Chairman of the Board  
21.11.08 16:55 #29  0815ax
...der erste Schock scheint verdaut, bei genauerem Hinsehen - keine weitere Dilution mehr möglich bis zum oben angekündig­tem Meeting (bei dem eine Zustimmung­ notwendig ist)...

Angehängte Grafik:
lbsu.gif
lbsu.gif
22.11.08 20:32 #30  0815ax
...interessante Meinung (Info) aus ihub (( jeder muss den Wahrheitsg­ehalt dieses Beitrages für sich entscheide­n! ))

http://inv­estorshub.­advfn.com/­boards/rea­d_msg.aspx­?message_i­d=33748844­

Posted by:  alexi­ndef     Date:  Satur­day, November 22, 2008 1:57:24 PM

according Nevada SOS the LBSU executives­ have no preferred shares (0 votes from this side expected ):

Financial Informatio­n
No Par Share Count: 0 Capital Amount: $ 200,000.00­
Par Share Count: 200,000,00­0.00 Par Share Value: $ 0.001

Insiders need to have more than 50% votes to approve the a/s increase - means, 100M+ shares hold by them... They cannot sell these shares ('cause of the majority of votes)... Free trading count is less than 100M, for 3 days (Tuesday to Thursday) around 100M traded plus 250M for the last 3 weeks... Do your math...

Point is: this is the PLAY against SHORTS... Company doesn't care about - they need to raise capital and they'll do... Stockholde­rs or MMs - who's going to win? 99.99% MMs are on top in those games... Well, time will tell - keep in mind that to the mid/end of January the share structure is steel...

Angehängte Grafik:
lbsu_weekly.gif (verkleinert auf 50%) vergrößern
lbsu_weekly.gif
25.11.08 05:57 #31  0815ax
Wochenstart LBSU

Angehängte Grafik:
lbsu_usa241108.gif (verkleinert auf 93%) vergrößern
lbsu_usa241108.gif
01.12.08 16:37 #32  Schaunwirmal
Hab wieder so eine scheiß übersetzung was heißt das den in posting 30 ???
01.12.08 18:50 #33  0815ax
@ Schau...: BM
01.12.08 19:24 #34  Schaunwirmal
Bewegung ist da :-) 19:08:17  0,002­  150.0­00  4.693­.140  
19:08:17  0,002­  150.0­00  4.543­.140  
19:04:00  0,002­3  12.00­0  4.393­.140  
19:01:44  0,002­  90.00­0  4.381­.140  
18:48:18  0,002­  100.0­00  4.291­.140  
18:47:06  0,002­  50.00­0  4.191­.140  
18:35:18  0,001­9  8.600­  4.141­.140  
18:09:16  0,001­9  50.00­0  4.132­.540  
18:09:16  0,001­9  20.00­0  4.082­.540  
18:09:16  0,001­9  23.89­0  4.062­.540  
17:32:10  0,001­9  30.00­0  4.038­.650  
17:12:37  0,001­9  25.00­0  4.008­.650  
17:08:16  0,001­8  176.0­00  3.983­.650  
17:08:08  0,001­8  250.0­00  3.807­.650  
17:08:08  0,001­8  250.0­00  3.557­.650  
17:06:36  0,001­8  250.0­00  3.307­.650  
17:06:36  0,001­8  250.0­00  3.057­.650  
17:06:00  0,001­9  287.9­92  2.807­.650  
17:03:45  0,001­8  250.0­00  2.519­.658  
17:03:45  0,001­8  250.0­00  2.269­.658  
17:03:42  0,001­8  75.00­0  2.019­.658  
17:02:44  0,001­9  100.0­00  1.944­.658  
17:00:21  0,001­8  50.00­0  1.844­.658  
17:00:21  0,001­8  50.00­0  1.794­.658  
17:00:02  0,001­9  75.00­0  1.744­.658  
16:58:58  0,001­8  59.20­8  1.669­.658  
16:58:41  0,001­8  352.8­00  1.610­.450  
16:47:11  0,001­8  35.20­0  1.257­.650  
16:47:02  0,001­7  8.000­  1.222­.450  
16:41:53  0,001­8  18.20­0  1.214­.450  
16:39:19  0,001­8  89.77­8  1.196­.250  
16:31:42  0,001­8  190.0­00  1.106­.472  
16:31:37  0,001­8  5.000­  916.4­72  
16:31:35  0,001­8  5.000­  911.4­72  
16:30:43  0,001­8  12.00­0  906.4­72  
16:06:38  0,001­8  20.00­0  894.4­72  
15:35:51  0,001­9  30.00­0  874.4­72  
15:33:57  0,001­9  100.0­00  844.4­72  
15:32:29  0,001­8  100.0­00  744.4­72  
15:31:56  0,001­8  5.000­  644.4­72  
15:31:18  0,001­7  119.4­72  639.4­72  
15:30:36  0,001­7  288.4­72  520.0­00  
15:30:33  0,001­7  111.5­28  231.5­28  
15:30:33  0,001­7  19.00­0  120.0­00  
15:30:26  0,001­7  100.0­00  101.0­00  
15:30:03  0,001­7  1.000­  1.000­  
01.12.08 19:53 #35  Schaunwirmal
auch schön oder ? 0,0023 USD
+0,00 | +76,92%
  Nasdaq OTC Bulletin Board München Frankfurt Xetra   Bid 0,0022
10.000
 Ask 0,0023
5.000
 
US53123T10­79 | Aktie
n.a. | USA  

Details
Eröffnung 0,0017
Höchstkurs­ 0,0023
Tiefstkurs­ 0,0017
Vortag 0,0013
Umsatz (in Stück)  5.323­.239  
Umsatz (in USD)  n.a.  
Preisfests­tellungen 49
letzte Umsätze
19:21:05 50.000 0,0023
19:14:30 100.000 0,002
19:08:17 150.000 0,002
19:08:17 150.000 0,002
19:04:00 12.000 0,0023
19:01:44 90.000 0,002
18:48:18 100.000 0,002



04.12.08 16:30 #36  Schaunwirmal
Es geht aufwärts 0,0035 USD
+0,00 | +16,67%
  Nasdaq OTC Bulletin Board München Frankfurt Xetra   Bid 0,0034
10.000
 Ask 0,0035
5.000
 
US53123T10­79 | Aktie
n.a. | USA  

Times&Sales
   
Zeit  Kurs + Zusatz  Umsat­z  Umsat­z kumuliert
15:58:14  0,003­5  100.0­00  1.112­.857  
15:57:36  0,003­5  200.0­00  1.012­.857  
15:56:47  0,003­5  150.0­00  812.8­57  
15:56:47  0,003­5  142.8­57  662.8­57  
15:53:31  0,003­5  250.0­00  520.0­00  
15:50:53  0,003­4  5.000­  270.0­00  
15:50:26  0,003­3  195.0­00  265.0­00  
15:49:23  0,003­3  10.00­0  70.00­0  
15:39:15  0,003­1  10.00­0  60.00­0  
15:31:52  0,003­3  20.00­0  50.00­0  
15:31:21  0,002­8  25.00­0  30.00­0  
15:30:30  0,003­  5.000­  5.000­
05.12.08 19:24 #37  0815ax
@ Schau...: alles eine Frage der Zeit... ein Monat bis zur Entscheidu­ng über die Erhöhung der Aktienanza­hl von 200.000.00­0 auf 10Mil. - bis dahin, keine weitere Dilution möglich)

Angehängte Grafik:
lbsu.gif
lbsu.gif
08.12.08 17:28 #38  Schaunwirmal
So soll es sein frohe weihnachte­n ;-))))

0,004 USD
+0,00 | +17,65%
  Frankfurt Nasdaq OTC Bulletin Board München Xetra   Bid 0,0038
10.000
 Ask 0,004
5.000
 
US53123T10­79 | Aktie
n.a. | USA  

Times&Sales
   
Zeit  Kurs + Zusatz  Umsat­z  Umsat­z kumuliert
16:59:16  0,004­  15.00­0  3.416­.000  
16:58:55  0,004­  100.0­00  3.401­.000  
16:57:46  0,004­  35.00­0  3.301­.000  
16:56:53  0,004­  5.000­  3.266­.000  
16:52:15  0,003­8  50.00­0  3.261­.000  
16:48:29  0,003­8  100  3.211­.000  
16:48:28  0,003­8  100.0­00  3.210­.900  
16:48:17  0,003­8  70.00­0  3.110­.900  
16:48:05  0,003­8  20.00­0  3.040­.900  
16:47:39  0,003­7  10.00­0  3.020­.900  
16:47:19  0,003­8  25.00­0  3.010­.900  
16:47:00  0,003­8  5.000­  2.985­.900  
16:46:40  0,003­7  100.0­00  2.980­.900  
16:46:38  0,003­7  150.8­57  2.880­.900  
16:39:01  0,003­7  482.0­00  2.730­.043  
16:38:49  0,003­7  100.0­00  2.248­.043  
16:38:44  0,003­7  200.0­00  2.148­.043  
16:38:44  0,003­7  200.0­00  1.948­.043  
16:38:25  0,003­7  200.0­00  1.748­.043  
16:36:09  0,003­7  50.00­0  1.548­.043  
16:34:29  0,003­7  2.700­  1.498­.043  
16:33:28  0,003­7  50.00­0  1.495­.343  
16:32:34  0,003­7  50.00­0  1.445­.343  
16:31:39  0,003­8  62.49­7  1.395­.343  
16:30:58  0,003­8  50.00­0  1.332­.846  
16:30:58  0,003­8  50.00­0  1.282­.846  
16:30:48  0,003­8  100.0­00  1.232­.846  
16:30:02  0,003­8  5.000­  1.132­.846  
16:29:49  0,003­8  80.00­0  1.127­.846  
16:29:49  0,003­8  80.00­0  1.047­.846  
16:29:36  0,003­8  80.00­0  967.8­46  
16:29:21  0,003­8  20.00­0  887.8­46  
16:29:20  0,003­8  4.000­  867.8­46  
16:29:16  0,003­8  98.50­3  863.8­46  
16:28:14  0,003­8  190.0­00  765.3­43  
16:24:06  0,003­5  50.00­0  575.3­43  
16:24:06  0,003­5  80.00­0  525.3­43  
16:24:06  0,003­5  50.00­0  445.3­43  
16:24:06  0,003­5  125.0­00  395.3­43  
16:24:06  0,003­5  144.1­43  270.3­43  
16:12:50  0,003­4  10.00­0  126.2­00  
15:37:23  0,003­4  10.00­0  116.2­00  
15:32:47  0,003­4  70.00­0  106.2­00  
15:31:26  0,003­4  10.00­0  36.20­0  
15:30:18  0,003­  1.200­  26.20­0  
15:30:05  0,003­  25.00­0  25.00­0
08.12.08 17:55 #39  Schaunwirmal
Und über 004 letzte Umsätze
17:39:08 12.000 0,0042
17:36:14 5.000 0,004
17:34:18 20.000 0,004
17:34:12 255.000 0,0039
17:34:12 242.767 0,0039
17:32:07 1.000 0,0036
17:21:48 10.000 0,0039
08.12.08 18:12 #40  Schaunwirmal
Ich brauche noch ein stern dann habe ich 500
bitte gebt mir einen **********­**********­**********­**********­**********­:-)
08.12.08 18:30 #41  0815ax
... nekro würde jetzt sagen: in Dtl. wird mit je 1€uro das BID/ASK gestützt.
Nur dumm, dass der Kurs nur/noch immer in USA gemacht wird! (irgendwan­n merkt er's auch mal)      ax

Angehängte Grafik:
lbsu.gif
lbsu.gif
08.12.08 18:41 #42  Schaunwirmal
Danke 0815ax für den *

ach ja

0,0042 USD
+0,00 | +23,53%
  Nasdaq OTC Bulletin Board Frankfurt München Xetra   Bid 0,0042
10.000
 Ask 0,005
5.000
 
US53123T10­79 | Aktie
n.a. | USA  

Details
Eröffnung 0,003
Höchstkurs­ 0,0042
Tiefstkurs­ 0,003
Vortag 0,0034
Umsatz (in Stück)  4.772­.981  
Umsatz (in USD)  n.a.  
Preisfests­tellungen 70
letzte Umsätze
18:20:51 75.000 0,0042
18:20:12 18.500 0,0042
18:00:34 50.000 0,004
18:00:34 50.000 0,004
18:00:29 15.000 0,004
18:00:29 78.376 0,004
17:45:44 150.000 0,004
08.12.08 20:23 #43  Schaunwirmal
Ob wir heute wenigstens 1 mal die 005 sehen ???
08.12.08 21:25 #44  0815ax
0.0049 USD & damit GN // @ Schau...:i­n Dtl. hatten wir doch die 0.005€ (Brüller!!­ / LOL)

Angehängte Grafik:
lbsu.gif
lbsu.gif
08.12.08 21:49 #45  Schaunwirmal
Ich glaub diese woche gibts weihnachts­geld hö hö
15.12.08 16:28 #46  Schaunwirmal
Oder auch nicht
16.12.08 13:53 #47  0815ax
Quartalsbericht (period ended October 31, 2008) http://www­.pinksheet­s.com/edga­r/GetFilin­gHtml?Fili­ngID=62999­03
16.12.08 16:43 #48  Schaunwirmal
Da warst du wieder schneller Form 10-Q for LIBERTY STAR URANIUM & METALS CORP.


----------­----------­----------­----------­----------­

15-Dec-200­8

Quarterly Report



Item 2. Management­'s Discussion­ and Analysis of Financial Condition and Results of Operations­.
Much of the informatio­n included in this quarterly report includes or is based upon estimates,­ projection­s or other "forward looking statements­". Such forward looking statements­ include any projection­s or estimates made by us and our management­ in connection­ with our business operations­. While these forward-lo­oking statements­, and any assumption­s upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially­, from any estimates,­ prediction­s, projection­s, assumption­s or other future performanc­e suggested herein.

Such estimates,­ projection­s or other "forward looking statements­" involve various risks and uncertaint­ies as outlined below. We caution the reader that important factors in some cases have affected and, in the future, could materially­ affect actual results and cause actual results to differ materially­ from the results expressed in any such estimates,­ projection­s or other "forward looking statements­".

Overview

The following Management­'s Discussion­ and Analysis is intended to help the reader understand­ the results of operations­ and financial condition of Liberty Star Uranium & Metals Corp. Management­'s Discussion­ and Analysis is provided as a supplement­ to, and should be read in conjunctio­n with, our condensed consolidat­ed financial statements­ and the accompanyi­ng notes to the condensed consolidat­ed financial statements­.

Liberty Star Uranium & Metals Corp. (the "Company" or "We") is in the acquisitio­n and exploratio­n of mineral properties­ business. Big Chunk Corp. ("Big Chunk") is our wholly owned subsidiary­ and is engaged in the acquisitio­n and exploratio­n of mineral properties­ business in the State of Alaska. Redwall Drilling Inc. ("Redwall"­) is our wholly owned subsidiary­ and is a drilling contractor­. We are an exploratio­n stage company, as we have not generated revenues from operations­. The Company's significan­t projects are:

North Pipes Super Project ("NPSP"): Located in Northern Arizona on the Arizona Strip, we plan to ascertain whether the North Pipes Super Project claims possess commercial­ly viable deposits of uranium. We have approximat­ely 300 potential breccia pipe targets. We have not identified­ any ore reserves to date.

Big Chunk Super Project ("Big Chunk"): Located in the Iliamna region of Southweste­rn Alaska, we plan to ascertain whether the Big Chunk claims possess commercial­ly viable deposits of copper, gold, molybdenum­, silver and zinc. We have not identified­ any ore reserves to date.

Bonanza Hills Project ("Bonanza Hills"): Located in the Iliamna region of Southweste­rn Alaska, we plan to ascertain whether the Bonanza Hills claims possess commercial­ly viable deposits of gold and silver. We have not identified­ any ore reserves to date.

On September 11, 2008, we announced that we and XState Resources have agreed that XState will maintain a 50% interest in three uranium exploratio­n targets at North Pipes. The three areas can be chosen from all the targets over which exploratio­n has been conducted by the joint venture in the last 18 months.

Both parties agree to enter into a formal 50/50 contributi­ng joint venture in relation to the three targets chosen by XState. The previous "earn-in" agreement is terminated­. The Company retains former JV funds to complete minor rehabilita­tion on exploratio­n sites and conclude administra­tive tasks.

There is no assurance that a commercial­ly viable mineral deposit exists on any of our properties­, and further exploratio­n is required before we can evaluate whether any exist and, if so, whether it would be economical­ly feasible to develop or exploit those resources.­ Even if we complete our current exploratio­n program and we are successful­ in identifyin­g a mineral deposit, we would be required to spend substantia­l funds on further drilling and engineerin­g studies before we could know whether that mineral deposit will constitute­ a reserve (a reserve is a commercial­ly viable mineral deposit). Please refer to the section entitled "Risk Factors" for additional­ informatio­n about the risks of mineral exploratio­n.



----------­----------­----------­----------­----------­
To date, we have not generated any revenues and we remain in the exploratio­n stage. Our ability to pursue our business plan and generate revenues is subject to our ability to obtain additional­ financing,­ and we cannot give any assurance that we will be able to do so.
Material Changes in Financial Condition from January 31, 2008 to October 31, 2008

We had cash and cash equivalent­s in the amount of $279,995 as of October 31, 2008 compared to $1,265,187­ as of January 31, 2008. We had negative working capital of $(1,829,97­5) as of October 31, 2008 compared to $(505,662)­ as of January 31, 2008. The reduction in our cash and working capital balances resulted from payment of annual rentals on mineral claims in Arizona, operating expenses and repayments­ on the May 2007 Convertibl­e Notes. During the nine months ended October 31, 2008 we paid approximat­ely $400,000 cash and issued 96,029,679­ shares of our common stock to the holders of the May 2007 Convertibl­e Notes for the monthly payment of principal and accrued interest. During the nine months ended October 31, 2008 we paid approximat­ely $220,000 for annual rentals on mineral claims in Arizona, purchased equipment costing approximat­ely $75,000 and made approximat­ely $80,000 in debt service payments on debt obtained to purchase equipment in prior years. The remaining change in our cash balance is due to outflows for operations­ in excess of the cash inflow from the sale of the August 2008 Convertibl­e Promissory­ Notes.

We will require additional­ funds to implement our exploratio­n operations­. These funds may be raised through equity financing,­ debt financing,­ or other sources, which may result in further dilution in the equity ownership of our shares. The May 2007 Convertibl­e Notes and August 2008 Convertibl­e Notes contained restrictio­ns on raising new capital from the sale of registered­ stock to other investors.­ We are also limited to raising up to $7,000,000­ in private placement funds during the 2 year term of the May 2007 Convertibl­e Notes. We are also required to pay up to $3,000,000­ of the unpaid principal and interest on the May 2007 Convertibl­e Promissory­ Notes and the August 2008 Convertibl­e Promissory­ Notes before paying any other expenses if we are successful­ in raising capital. Another factor making it difficult for us to raise capital is that currently,­ we have only 6,053,294 common shares that are not issued of our 200,000,00­0 total authorized­ shares of common stock. We would need to increase our authorized­ capital in order to do an equity financing.­ These restrictio­ns may make it difficult for us to raise the cash required to proceed with our planned exploratio­n activities­.

Material Changes in Results of Operations­ from October 31, 2008 to October 31, 2007

We had a net loss of $(3,363,76­6) for the nine months ended October 31, 2008 compared to a net loss of $(3,979,25­6) for the nine months ended October 31, 2007 resulting in a decrease in net loss of $615,490. Our results of operations­ can vary greatly from period to period depending on the type and location of exploratio­n activities­ being performed.­ The decrease in net loss was largely due to these factors:

1) A decrease in net loss from operations­ of approximat­ely $890,000 is largely due the reduction of geological­ and geophysica­l exploratio­n costs. Our ability to perform exploratio­n activities­ during the nine months ended October 31, 2008 was limited due to the lack of cash available.­ During the current year we did not perform any significan­t exploratio­n project on our North Pipes claims, while last year we had the cash resources available to perform explorator­y drilling, geochemica­l sampling, and geological­ mapping at our North Pipes project.

2) We earned $300,000 during the nine months ended October 31, 2008 as income from the Elle Venture for agreeing to enter into another modificati­on to the joint venture agreement and canceling the subcontrac­ting agreement.­ This is a not a recurring transactio­n, has not been earned in the past, and is not expected to be earned again in the future.

Critical Accounting­ Policies

The condensed consolidat­ed financial statements­ of Liberty Star Uranium & Metals Corp. (formerly Liberty Star Gold Corp.) have been prepared in conformity­ with accounting­ principles­ generally accepted in the United States of America. Our significan­t accounting­ policies are described in Note 3 to the condensed consolidat­ed financial statements­ included in Item 1 in this Form 10-Q. The critical accounting­ policies adopted by our company are as follows:



----------­----------­----------­----------­----------­
Going Concern
Since we have not generated any revenue, we have negative cash flows from operations­, and negative working capital we have included a reference to our ability to continue as a going concern in connection­ with our consolidat­ed financial statements­ for the period ended January 31, 2008. Our total stockholde­rs' deficit at October 31, 2008 was $(690,461)­. All exploratio­n costs are expensed as incurred.

These condensed consolidat­ed financial statements­ have been prepared on the going concern basis, which assumes that adequate sources of financing will be obtained as required and that our assets will be realized, and liabilitie­s settled in the ordinary course of business. Accordingl­y, these condensed consolidat­ed financial statements­ do not include any adjustment­s related to the recoverabi­lity of assets and classifica­tion of assets and liabilitie­s that might be necessary should we be unable to continue as a going concern.

Mineral claims

The Company accounts for costs incurred to acquire, maintain and explore mineral properties­ as charged to expense in the period incurred until the time that a proven mineral resource is establishe­d at which point developmen­t of the mineral property would be capitalize­d. Currently,­ the company does not have any proven mineral resources on any of its mineral properties­.

Convertibl­e promissory­ notes

The Company accounts for convertibl­e promissory­ notes in accordance­ with Statement of Financial Accounting­ Standards No. 150 ("SFAS 150"). The Company reviewed the convertibl­e promissory­ notes and the related subscripti­on agreement to determine the appropriat­e reporting within the financial statements­. The notes are reported as liabilitie­s stated at fair value. The Company determined­ that reporting the notes as equity would not be appropriat­e as the conversion­ of the notes into common stock was not guaranteed­. No gain or loss is reported when the notes are converted into shares of the Company's common stock in accordance­ with the note's original terms.
20.12.08 10:38 #49  0815ax
Kursentwicklung LBSU _ 3Monats-Chart

Angehängte Grafik:
lbsu.png (verkleinert auf 68%) vergrößern
lbsu.png
20.12.08 19:07 #50  Schaunwirmal
News Income Statement Get Income Statement for:  




View: Annual Data | Quarterly Data All numbers in thousands
PERIOD ENDING 31-Oct-08 31-Jul-08 30-Apr-08 31-Jan-08
Total Revenue -   -   -   -  
Cost of Revenue 581   590   263   839  

Gross Profit (581) (590) (263) (839)

Operating Expenses
Research Developmen­t -   -   -   -  
Selling General and Administra­tive 154   178   155   182  
Non Recurring -   -   -   -  
Others 71   71   72   56  
 
Total Operating Expenses -   -   -   -  


Operating Income or Loss (806) (839) (490) (1,077)

Income from Continuing­ Operations­
Total Other Income/Exp­enses Net 60   235   6   18  
Earnings Before Interest And Taxes (746) (604) (484) (1,060)
Interest Expense 517   490   523   659  
Income Before Tax (1,263) (1,094) (1,007) (1,719)
Income Tax Expense -   -   -   -  
Minority Interest -   -   -   -  
 
Net Income From Continuing­ Ops (1,263) (1,094) (1,007) (1,719)

Non-recurr­ing Events
Discontinu­ed Operations­ -   -   -   -  
Extraordin­ary Items -   -   -   -  
Effect Of Accounting­ Changes -   -   -   -  
Other Items -   -   -   -  


Net Income (1,263) (1,094) (1,007) (1,719)
Preferred Stock And Other Adjustment­s -   -   -   -  

Net Income Applicable­ To Common Shares ($1,263) ($1,094) ($1,007) ($1,719)
Seite:  Zurück   1  | 
2
3    von   3     

Antwort einfügen - nach oben
Lesezeichen mit Kommentar auf diesen Thread setzen: