Returning to HKipp's original 'STUPIDER and STUPIDER' post, I offer these words from BG over three years ago - December 10, 2018 to be exact.

"The changes to Liberty Star’s management structure made by the Board last Friday are a strong statement of the Board’s expectations for the Company’s future.  At the foundation of those expectations, and the core driving force for their advancement, is creation and growth of Shareholder value.  On this point, the Board was explicit and emphatic." (Italics mine)

Our current roughly forty-two cent stock price is equivalent to 0.00084 prior to the reverse stock split.  Certainly glad the Board was 'explicit and emphatic' about that.  Just think where we would be if they had just been vague and ambiguous.

"We should all be excited about the potential of Liberty Star’s flagship project, Hay Mountain, which has to be the genesis of our great mission." (Italics mine)

Of course, this has gone by the wayside.  I certainly hope Director Guarnera (the 'Qualified Professional') knows what he is talking about.  But just like any word from any of the other Directors - I won't believe it until I see it.

"The management team and I will work assiduously on your behalf to stabilize and improve Liberty Star’s financial condition and seek out strategic partnerships to leverage the Company’s ability to scale up and bring Hay Mountain online." (Italics mine)

Assiduously is defined by Webster as 'showing great care, attention, and effort:marked by careful unremitting attention'.  Its a nice word to use, but has it proven to be accurate?  I guess 'assiduousness' is in the eye of the beholder.

The improvement to 'Liberty Star's financial condition' has been over $620,000 in debt (not including anything from Triton), pretty much all of which is convertible into excessive amounts of stock.

Here is how Liberty Star's financial position has changed between 1/31/2019 and 10/31/2021:

• Assets -            $9,673 @ 1/31/19 to     $69,065 @ 10/31/21
• Liabilities - $1,703,439 @ 1/31/19 to $2,454,418 @ 10/31/21

I suppose improvement also is in the eye of the beholder.

"Thank you all, Liberty Star’s Shareholders, for your support as the team works to develop a plan to improve the Company’s cash position and achieve improvement in Shareholder value.  I look forward to meeting each of you at our next Shareholder meeting."  (Italics mine)

This is my favorite.  It has me ROFL.