Liberty Star Uranium & Metals Corp.

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Message: GROSS BRETT $30k Form 4

VP,

Any thoughts on below and what does this mean? Any indicators to draw from this?

It looks good but not sure, your thoughts are welcomed.

http://ih.advfn.com/p.php?pid=nmona&article=67465741

(1) The non-interest bearing promissory note with the principal amount of $30,000 is convertible into 16,806,723 units (each, a "Unit") at a price of $0.001785 per Unit upon the increase of the authorized capital of Liberty Star Uranium & Metals Corp. Each Unit is comprised of one common share and two warrants. Each warrant will be exercisable for a period of three years at a price of $0.002499.
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