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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Lightbridge, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
53226107
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check appropriate box to designate the rule pursuant to which this Schedule is
filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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
disclosures provided in a prior cover page.
The information required on 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).
Page 1 of 5 Pages
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CUSIP NO. 53226107
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1. NAMES OF REPORTING PERSONS
S.S. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Massachusetts Capital Resource Company
042631251
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(a) [ _ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(b) [ X ]
-
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
A Massachusetts corporation
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5. SOLE VOTING POWER
NUMBER OF 1,108,958 shares
SHARES -----------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY ---
EACH -----------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 1,108,958 shares
WITH -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
---
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,108,958 shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ X ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.0%
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12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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Page 2 of 5 Pages
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SCHEDULE 13G
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Item 1(a) Name of Issuer:
Lightbridge, Inc.
1(b) Address of Issuer's Principal Executive Offices:
67 So. Bedford St.
Burlington, MA 01803
Item 2(a) Name of Person Filing:
Massachusetts Capital Resource Company
2(b) Address of Principal Business Office or, if none, Residence:
The Berkeley at 420 Boylston St.
Boston, MA 02116
2(c) Citizenship:
A Massachusetts Corporation
2(d) Title of Class of Securities:
Common Stock
2(e) CUSIP Number:
53226107
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b):
The reporting person is an Investment Adviser registered under
Section 203 of the Investment Advisers Act of 1940.
Item 4 Ownership:
4(a) Amount beneficially owned:
The reporting person owns 733,958 shares of Common Stock of
Lightbridge, Inc. In addition, the reporting person owns
warrants that are convertible into 375,000 shares of Common
stock. The reporting person, therefore, is deemed to
beneficially own 1,108,958 shares of Common Stock. This figure
does not include 2,693 shares of Common Stock beneficially
owned, as of December 31, 1999, by one of the reporting person's
partners, Massachusetts Mutual Life Insurance Company. See Item
8 and Exhibit A.
4(b) Percent of Class:
8.0%
4(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
1,108,958 shares
Page 3 of 5 Pages
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(ii) Shared power to vote or to direct the vote:
-----
(iii) Sole power to dispose or to direct the disposition of:
1,108,958 shares
(iv) Shared power to dispose or to direct the disposition of:
-----
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
The right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, the common
stock is held by certain clients of the reporting person, none
of which has such right or power with respect to five percent or
more of the common stock.
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:
This schedule has been filed pursuant to rule 13d-
1(b)(1)(ii)(H). Exhibit A hereto sets forth the identity and
Item 3 classification of each member of the group.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below the undersigned certifies that, to the best of its
knowledge and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having such
purpose or effect.
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
MASSACHUSETTS CAPITAL RESOURCE COMPANY
By: /s/ William J. Torpey, Jr.
--------------------------
Name: William J. Torpey, Jr.
Title: President
February 4, 2000
Page 4 of 5 Pages
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Exhibit A
Massachusetts Capital Resource Company is a limited partnership. Each of its
partners is an insurance company as defined in Section 3(a)(19) of the
Securities Exchange Act of 1934. Its general partners are:
John Hancock Life Insurance Company (formerly John Hancock Mutual
Life Insurance Company)
New England Life Insurance Company
Massachusetts Mutual Life Insurance Company
First Allmerica Financial Life Insurance Company
Its limited partners are:
UnumProvident Corporation
Berkshire Life Insurance Company
Boston Mutual Life Insurance Company
Metropolitan Life Insurance Company
Page 5 of 5 Pages
