Last $1.77 USD
Change Today -0.07 / -3.80%
Volume 158.5K
LTBR On Other Exchanges
As of 5:20 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

lightbridge corp (LTBR) Key Developments

Lightbridge Corporation Regains Compliance With NASDAQ Listing Rule 5550(b)(2)

On November 6, 2014, Lightbridge Corporation received a letter from the Listing Qualifications staff of the NASDAQ Stock Market LLC (NASDAQ), notifying the company that, for the previous 30 consecutive business days, it has failed to comply with NASDAQ Listing Rule 5550(b)(2) (Rule), which requires the company to maintain a minimum Market Value of Listed Securities of $35 million for continued listing on the NASDAQ Capital Market. In accordance with Listing Rule 5810(c)(3)(C), NASDAQ granted the company a period of 180 calendar days, or until May 5, 2015, to regain compliance with Listing Rule 5550(b)(2). On December 2, 2014, the Staff notified the company that it has determined that for the last 10 consecutive business days, from November 17 through December 1, 2014, the company’s market value of listed securities has been $35,000,000 or greater. The Staff also stated in such notice that the company has regained compliance with the Rule and the matter is now closed.

Lightbridge Corporation Announces Executive Changes

On November 26, 2014, Lightbridge Corporation terminated James D. Guerra, C.P.A, the company's Chief Financial Officer, Chief Operating Officer and Executive Vice President, without cause. The company also discontinued the office of Chief Operating Officer. The actions reflect the company's budgetary focus on the research and development goals for its nuclear fuel technology. On November 26, 2014, the company appointed Linda Zwobota as the company's interim Chief Financial Officer. Prior to her appointment as interim Chief Financial Officer, Ms. Zwobota, age 63, was the company's Controller, a position she held since October 2009, when she joined the company. Ms. Zwobota is the company's principal accounting officer and is responsible for the company's financial reporting and analysis, including the company's quarterly and annual SEC reporting, Sarbanes Oxley compliance, and general financial management, among other things.

Lightbridge Corp. announced delayed 10-Q filing

On 11/17/2014, Lightbridge Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Lightbridge Corp. to Report Q3, 2014 Results on Nov 19, 2014

Lightbridge Corp. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 19, 2014

Lightbridge Corp., Q3 2014 Earnings Call, Nov 20, 2014

Lightbridge Corp., Q3 2014 Earnings Call, Nov 20, 2014


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Price/Earnings NM Not Meaningful
Price/Sales 19.4x
Price/Book 15.0x
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