Lightbridge Corporation (LTBR)

[Jiffytrader]

Utility & DOE funding are company invented concepts. Probabilities are extremely low near term. I'll be convinced if Areva has skin in the game and that means money not "in kind" BS. Areva is a distressed company so don't look for funds. The company will need to raise $10 - $15 mil to get by next year. With a mkt cap of $10 Mil good luck. Every year after until revenues in 2027 they will need $10 Mil.

Dilution would actually be somewhat positive because that means that someone gave them money. The alternative is bankruptcy. Nevertheless, I believe this is not legit. If it was Areva would simply buy them out at their weakest moment which is now. They could take over 51% for less than $10 mil. Which for a company like Areva is not a lot of money. This is very revealing. Areva could also stall and purchase them for nearly nothing when they approach bankruptcy 6 to 9 months from now without funding.
I believe they went to Areva, offered to pay for everything, and gave away 50% of future pipe dream profits. Areva being strapped said yes because they have nothing to risk. It is all about risk and money. Seth is not positioning it this way and therefore that is the rub and the SCAM.