Lightbridge Corporation (LTBR)

[Jiffytrader]

PLogic in all due respect you are wrong on the JV. Under the percentage agreement LTBR will most likely never have any profits to perpetuity.

Consider 50/50 rev split
80/20 cost split

LTBR Areva
Rev 50% 50%
Cost 80% 20%
Profit -30% 30%

LTBR will have losses for life. The JV gives them: 1) A guise to raise money 2) hide 50% of the losses in of balance sheet.