Unless Seth announces a true partnership whereby the "partner" puts up money and assumes some risk LTBR is going to 0. So parse any language of any press release. If they have a true deal they will announce how their partner is going to pay for the manufacturing. Otherwise, it's just noise which is all its ever been. But Bud knows this. He's just stuck and nobody left to bail him out. Oh but Jim Malone has an important meeting! How about if Jim Malone instead of taking a salary took stock options? No no... He won't even buy one share down here. At least Ambassador Graham bought ... what was that... Oh yea 2,000 shares at .70 cents. That's a big commitment! 1,400 is like 300 tuna fish sanwhiches. Way to go Tom! Way to show that support. By March 1 it will be clear.
That's right! I don't talk smack about investment ideas to a retail board as clueless as you and Jimlam. And who you kidding you lost 3 dollars in KMI and FIT you're down 50% in each one and you know it just like your down 45% in LTBR looking for that greater fool to bail you out. The funny thing is LTBR itself will insure any pop is short lived as read the 8K dimwit. They need to sell shares and raise money with the hope that they won't be delisted. Do you even know what shareholders equity is? So here is the difference Bud between an idiot like yourself and me- I'm not here to sucker anyone. I'm telling people not to listen to you because you are under water in a scam looking to get out and at most lessen your losses regardless of who gets killed. I told Jimlam the moron years ago it was a scam and had he listened he wouldn't have lost 90% of his money. The fool and his money.
Stock is .65 cents! If my purpose was to crush price and accumulate I've done a heck of a job. Except I don't want this pig at .20 cents you moron. Oh how happy I am you lost your shirt in FIT and KMI.
Jimlam the moron! Hahaha I've been calling you that since LTBR was 6 dollars but you still have the audacity to decry me? Notwithstanding the fact that I have warned over and over again that LTBR is a sham you stuck it out, lost all your money and have the nerve to attack me. Talk about a fool. Why not say- yes! You were right. Seth Grae is a used car salesmen and that's why stock is close to delisted and why it's down over 90%. But stick it out Jimlam the moron. You'll never learn.
It's a bad thing when it's just words! The last time they announced a MOU with Areva the stock was 6 dollars! So let's go back in time and ask: since when is an MOU with Areva a bad thing? That was 90% vale destruction ago. LTBR has 0 money and 0 hope. Stop your pumping!
Listen to the last Business Update CC one more time. Why did they hold it? I listened to it and I learned nothing new. He didn't say for example- ok we need to a) fabricate the rods, b) we need a contract with a manufacturer to do this, c) we need X amount of money. Noooooo Seth talks about everything BUT his business. He never takes you through the plan and why- because there is no plan. Let me keep going- Seth talks about the big Utility Companies advising them. No they aren't! Read the letter they wrote to the NRC. It's a joke! It basically says- NRC to the extent you want to look into all metal fuel we are here to assist. They don't endorse the technology not even suggest it be taken seriously. So now you understand how the company works- optics. They surround themselves with an illustrious advisory board. They announce deals that are never concrete, they simply buy time to keep their cushy job and salaries and they do this all on the back of the retail investor not giving a hoot about how much they lose.
See, Seth needs a place to go in the morning. LTBR is his reason for being. Without it the delusion is gone and reality sets in- he's a two bit lawyer acting as a nuclear scientist. Jim Malone will do anything, apparently for money. He lends his name to this charade. He won't buy a share no matter how cheap and why should he? It doesn't work! Now to keep this thing going they don't need much- just a million or so a year. They get this from suckers like you. But time is running out. They have rent to pay and the salaries of about 4 people principally Seth, Jim, The Russian guy and Ambassador. So they invent another future milestone- before it was the ATR, then it was Russia, then it was the Canadian reactor. But if I told you- I have cute for cancer and I have a deal with JNJ to test it! Why would you care? JNJ doesn't care if my cure is successful they just want to get paid for their services. So when LTBR says- we have a deal with Babcock Wilcox who cares! Where is the money coming from? When they announce a MOU with Areva and no concrete terms - and most importantly who is paying for the fabrication of the rods- who cares? See this is why Seth never talks about the specifics on a conference call.
Regarding Areva, before it was Lightbridge it was Thorium Power. Google Thorium Power and Areva and you'll see Setg in July, 2009 announced a collaborative agreement with Areva to develop their Thorium Seend and Blanket technology. Strange really as about a year later the company abandoned this technology for their all metal fuel technology. As for the agreement with Areva- that amounted to nothing similar to the MOU with Punj Lloyd (google that as well) and Babcock Wilcox (google that one too) as well as Seth Grae saying they expected to be in a commercial reactor in 2012 (stated in 2006) and man I could go on and on. Bud, wake up! There is a reason the stock was 7 in 2012 AFTER reverse stock split and it's .70 cents now! There's a reason no coverage. A reason no institutional ownership. Seth is despised and for good reason.
Oops I'm sorry. The lies are so tangled from LTBR I can't keep them straight. So it was 2010 when LTBR announced their "transformational discovery" - about 6 years ago. You can google LTBR and Advanced Test Reactor and see the many headlines like this one from 2012- Lightbridge announces its on track for irridiation testing at the ATR. Now Bud, this was 4 years ago. 4 years ago they announced they were on track for irradiation testing at the advanced test reactor. Now in 2016 they are talking about testing all over again at a different reactor. What happened at the ATR? I can tell you- nothing! Not one report was written! Not one scientific peer review journal article about LTBR fuel rods and the ATR. Strange, no? They announce in 2010 they are going in a test reactor. 2 years later announce they are on track and now 4 years later nothing....
Bud, let me help you. LTBR announced their "transformational discovery" I think April or so 2008. I could be off a year. Simultaneously, Seth not only sold shares but announced a deal with ATR wherein they were to engage in testing along with Texas A&M and a professor Steve (can't remember last name). They announced they also received government funding. Being an astute investor I looked into how much the funding was. I discovered it was 150k, basically nothing. First red flag. Then in an interview with the Texas A&M professor (remember this is almost a decade ago) he said: the winner in all of this are the grad students- another red flag as if this were a transformational discovery one would think the winners would be more than the students. 6 months later, not only wa no testing done, but the project was mysteriously pulled from ATR. At first, Seth said they needed a safety study, a scoping study, etc. after about a year the ATR was never mentioned again. See Bud, this whole thing is now almost 10 years old. They talk now of the Canadian rector but they all ready had a reactor! Just like they talk now of Areva! They talked about a deal with Areva 10 years ago. Remember what Einstein said- doing the same thing over and over again expecting a different result is insanity. Investing in LTBR after seeing this playbook play over and over is insanity. I'm sorry to call you a fool but LTBR is a farce. For this reason they don't buy shares or worse! They buy a nominal amount for optics like Graham buying 2,000 shares. Or a purchase of 5,000 shares by Seth. What more do you need to see? Wait I'll get you the exact dates
So LTBR finds itself clinging to life. It has perhaps another year and then it's lights out. But Seth has no sense of business ethics. He will issue a pr claiming LTBR and Areva have agreed to agree on a MOU term sheet- something silly like that. It will state in the 8K that although there are no concrete terms they have agreed on a framework. This will get the stock to 1 dollar but then it will be sold into by virtually everyone including Bud. In fact, each PR they put out juices the stock less and less. The jig is up. Everyone knows it. The problem is the market maker knows this too so getting out on the next silly PR won't be as easy. You can only fool so many people so many times. Jim Malone can have a meeting with the Pope but it doesn't change anything. He won't buy a share and shares are bought by insiders only for optics. In fact, everything they do is for optics. Seth and company have been living off the dime of naive investors for years. It's disgusting. Now if Bud wants to buy Seth new suits and 1st class tickets to Paris that's fine. But for the rest of you, find a real investment where the company actually does something. Stay away.
You are kidding, right? The only one embarrassing himself is you. LTBR has 0 and everyone knows this including you. You're just looking for some ridiculous headline to bail you out of your losing position. Even LTBR knows they have nothing as evidenced by the lack of insider buying even here at .70 cents. Ohhh I'm sorry Ambassador Graham bought 2,000 shares! You say nuclear doesn't happen over night but LTBR announced testing in the advanced testing reactor almost 8 years ago! Think about that! 8 years have passed and in that time they haven't even fabricated a fuel rod! In 8 years they are no closer to commercialization then they were then. Nothing has been done! Why you might ask? Because it simply doesn't work! This is why Jim Malone won't buy a share. You are a fool.
This company is so disgusting, you knew there had to be a reason for the company to hod a "business update" conference call when there was nothing to update. In fact, there was something to update .. they are broke and will be delisted but of course they didn't mention that did they. Instead Seth yapped about going to Paris (no doubt flying first class) and how they have been invited to all the big parties all over the world. So a business update with no real update. It was a plea, a please buy our stock as Seth needs a first class ticket to the city of lights. So despicable. I hope you guys are out... of course Bud loves LTBR like he did FIT at 30, KMI at 35. Poor Bud.....
Ohhhh what a shame. Seth will have to get a real job now. But on the upside, no more having to listen to him yap and yap about the nuclear industry.
Super getting his head handed to him? Hahaha nice call on Fit, KMi etc. you are a moron and if you think I'm on this board looking to talk LTBR down well those fools don't need me to talk it down. The difference between you and me is your a #$%$ used car salesman just like Seth looking to flip this pig to break even regardless of who you drag down. Happy new year Bud
It's now 2016 and LTBR is still yapping about lead test assembly and manufacturing fuel rods. People, this broken record has been playing for 9 years! And testing in a test reactor... This too is a song played back in 2008 when the same fool announced: we will begin testing in the ATR (Advanced Test Reactor). But wait, here is another familiar tune from 2007! We have a MOM with Areva! So let's recap the song list from the band Seth Grae: We are looking forward to testing in Norway a cover song based on the ATR. We are working on a JV with Areva. This oldie but goodie from 2008 was a chart topper! Then for good measure: we are talking to Babcock and Wilcox a classic from 2010! Seth is getting old so get your tickets to the next show. The hair is thinning, the audience is waning and the band quite frankly needs a new amp and is broke so tickets which used to cost as much as 7 dollars can be your for the very low price of .80 cents. Papa needs a new pair of shoes!
AP: LTBR a fictional company based out of Arlington Virginia just announced that it has signed an agreement with all of the countries of the world to "evaluate and discuss"'some things. Asked to clarify, Seth Grae the CEO stated: we will be holding a CC later to further elaborate. During the conference call Seth Grae along with Andrey Mushakov and Jim Malone, elaborated: We are talking to the world. We have important things to say. We decided with each of the countries that by February 26th at the latest, we will have worked out how this conversation about these important things is to unfold. When asked why it was necessary to have a conference call Mr. Grae responded:,the world should know that we have some important things to say and that we are meeting with all the countries to discuss these important matters. When asked: well if it's so important than why is there nobody on the call, Mr Grae invited this reporter to have lunch with the staff which consisted of tuna fish sandwiches on whole wheat bread.
Can we talk more about that desperate conference call put on by the scoundrels at LTBR! I just find it so amazing, audacious. Seth puts out two meaningless pieces of PR which result in the stock going down not up. He then announces a CC to highlight the two meaningless pieces of PR and on the call there is a woman who decided to pause General Hospital to ask a meaningless question. The schadenfreud I felt was orgasmic. What was so funny is he starts the call with this: we are just going to have a discussion about the wonderful things happening. They'll be no script. First, nobody cares! Seth you have lied just so many times hiding behind the safe harbor statement that there is literally just 3 people who care. Not even the dumbest of the dumb believe you anymore. Does Seth think a new generation of investors have emerged who don't know about the PR regarding Areva announced 5 years ago or Babcock announced just 2 years ago. So here are Larry, Moe and Curly on the call talking to themselves asking an embarrassed employee are there any questions .... crickets. Hahahahaha but you have to love the balls this guy has. He really doesn't care what people think of him or how many people/institutions he has burned. His wife must beat him silly!
Hey Bud, so you got burned by LTBR and Seth. You let that scoundrel talk you into investing. Eat your losses but stop trying to drum up support for your #$%$ trade that has become a long term investment. Seth has talked about Areva and Babcock for 10 years. Nothing is happening and nothing ever will because it doesn't work. LTBR is on its last breath and Seth needs money so he is pulling out all the stops. He wrote to Areva asking for a JV. They responded with "why"? So then he filed an 8K stating discussions are underway. Read the 8k. Read how he is being "advised" by the utility industry. Every word is hyperbole as it relates to the facts. Here are the facts: Seth needs an office- a raisin deter. He can't go home to his wife everyday. So he lives in a fantasy world supported by Jim Maline who hangs around for a 100k a year or so to make it look like something is happening. Bud, you lost. Your looking for a pop, any pop to get out. Fair enough but stop reciting stuff like the history of Babcock. You look like an idiot.