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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
Lightbridge, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
532226 10 7
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(CUSIP Number)
Not Applicable
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Date of Event Which Requires Filing of this Statement
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
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* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 532226 10 7 13G Page 2 of 5 Pages
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Entrepreneurial Ventures, Inc.
04-2912065
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)/ /
(b)/ /
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
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NUMBER OF 5. SOLE VOTING POWER
SHARES 188,603
BENEFICIALLY -------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH None
REPORTING -------------------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER
188,603
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8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
188,603
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable. / /
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.1
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12. TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
ITEM 1(a). NAME OF ISSUER:
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CUSIP No. 532226 10 7 13G Page 3 of 5 Pages
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Lightbridge, Inc.
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ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
67 South Bedford Street, Burlington, Massachusetts 01742
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ITEM 2(a). NAME OF PERSON FILING:
Entrepreneurial Ventures, Inc.
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ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
657 Sudbury Road, Concord, Massachusetts 01742
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ITEM 2(c). CITIZENSHIP:
Massachusetts
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ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 par value
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ITEM 2(e). CUSIP NUMBER:
532226 10 7
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b) OR
(c), CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under Section 15 of the
Act;
(b) / / Bank as defined in Section 3(a)(6) of the Act;
(c) / / Insurance company as defined in Section 3(a)(19) of
the Act;
(d) / / Investment company registered under Section 8 of the
Investment Company Act;
(e) / / An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) / / An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g) / / A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G);
(h) / / A savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act;
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CUSIP No. 532226 10 7 13G Page 4 of 5 Pages
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(i) / / A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act;
(j) / / Group, in accordance with Rule 13d-1(b)(l)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check
this box /X/.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
188,603
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(b) Percent of class:
1.1
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 188,603
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(ii) Shared power to vote or to direct the vote: None
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(iii) Sole power to dispose or to direct the
disposition of: 188,603
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(iv) Shared power to dispose or to direct the
disposition of: None
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [X].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
By signing below, the undersigned certifies, to the best of
its knowledge and belief, the securities referred to above
were not acquired and are not held for the purpose of or with
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CUSIP No. 532226 10 7 13G Page 5 of 5 Pages
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the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction
having that purpose and effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement with respect to it is
true, complete and correct.
February 3, 2000
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(Date)
/s/ TORRENCE C. HARDER
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(Signature)
ENTREPRENEURIAL VENTURES, INC.
By: TORRENCE C. HARDER, PRESIDENT
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(Name/Title)
