Thorium
Power, Ltd.
|
|
(Name
of Issuer)
|
Common
Stock, par value $0.001 per share
|
|
(Title
of Class of Securities)
|
885183103
|
|
(CUSIP
Number)
|
October 6,
2006
|
|
Date
of Event Which Requires Filing of the
Statement
|
Cusip
No.
885183103
|
13G
|
Page
2
of 7 Pages
|
1.
|
NAME
OF REPORTING PERSON
S.S.
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thunder
Investors, L.L.C.
|
||
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b) ¨
|
||
3.
|
SEC
USE ONLY
|
||
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
limited liability company
|
||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
5.
|
SOLE
VOTING POWER
0
|
|
6.
|
SHARED
VOTING POWER
22,626,263
shares of common stock
|
||
7.
|
SOLE
DISPOSITIVE POWER
0
|
||
8.
|
SHARED
DISPOSITIVE POWER
22,626,263
shares of common stock
|
||
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,626,263
shares of common stock
|
||
10.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES ¨
|
||
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately
7.6% based upon 296,114,497 outstanding shares of the Issuer’s common
stock as set forth in the Issuer’s registration statement on Form SB-2/A
filed on October 4, 2006.
|
||
12.
|
TYPE
OF REPORTING PERSON
OO
|
Cusip
No.
885183103
|
13G
|
Page 3
of 7 Pages
|
1.
|
NAME
OF REPORTING PERSON
S.S.
OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas
Dykstra
|
||
2.
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b) ¨
|
||
3.
|
SEC
USE ONLY
|
||
4.
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
U.S.
Citizen
|
||
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
5.
|
SOLE
VOTING POWER
0
|
|
6.
|
SHARED
VOTING POWER
22,626,263
shares of common stock
|
||
7.
|
SOLE
DISPOSITIVE POWER
0
|
||
8.
|
SHARED
DISPOSITIVE POWER
22,626,263
shares of common stock
|
||
9.
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,626,263
shares of common stock
|
||
10.
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES ¨
|
||
11.
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately
7.6% based upon 296,114,497 outstanding shares of the Issuer’s common
stock as set forth in the Issuer’s registration statement on Form SB-2/A
filed on October 4, 2006.
|
||
12.
|
TYPE
OF REPORTING PERSON
IN
|
Cusip
No.
885183103
|
13G
|
Page 4
of 7 Pages
|
Item
1(a)
|
Name
of Issuer: THORIUM
POWER, LTD.
|
Item
1(b)
|
Address
of Issuer’s Principal Executive Offices:
|
Item
2(a)
|
Name
of Person Filing
|
Item
2(b)
|
Address
of Principal Business Office
|
Item
2(c)
|
Citizenship
|
Thunder
Investors, L.L.C.
|
|
10
South Wacker Drive
|
|
Suite
1860
|
|
Chicago,
Illinois 60606
|
|
Delaware
limited liability company
|
|
Thomas
Dykstra
|
|
10
South Wacker Drive
|
|
Suite
1860
|
|
Chicago,
Illinois 60606
|
|
U.S.
Citizen
|
2(d)
|
Title
of Class of Securities:
|
2(e)
|
CUSIP
Number:
|
885183103
|
(a)
|
[__]
|
Broker
or dealer registered under Section 15 of the Exchange Act;
|
|
(b)
|
[__]
|
Bank
as defined in Section 3(a)(6) of the Exchange Act;
|
|
(c)
|
[__]
|
Insurance
company as defined in Section 3(a)(19) of the Exchange 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);
|
Cusip
No.
885183103
|
13G
|
Page 5
of 7 Pages
|
(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;
|
|
(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)(1)(ii)(J).
|
Item
4
|
Ownership:
|
(a)
|
Amount
beneficially owned:
|
|
22,626,263
shares of common stock.
|
||
(b)
|
Percent
of Class:
|
|
Approximately
7.6% based upon 296,114,497 outstanding shares of the Issuer’s common
stock as set forth in the Issuer’s registration statement on Form SB-2/A
filed on October 4, 2006.
|
||
(c)
|
Number
of shares as to which such person has:
|
(i)
|
sole
power to vote or to direct the vote:
|
|
0
|
||
(ii)
|
shared
power to vote or to direct the vote:
|
|
22,626,263
shares of common stock
|
||
(iii)
|
sole
power to dispose or to direct the disposition of:
|
|
0
|
||
(iv)
|
shared
power to dispose or to direct the disposition of:
|
|
22,626,263
shares of common stock
|
Item
5
|
Ownership
of Five Percent or Less of a Class:
|
Cusip
No.
885183103
|
13G
|
Page 6
of 7 Pages
|
Not
Applicable.
|
|
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:
|
Cusip
No.
885183103
|
13G
|
Page 7
of 7 Pages
|
THUNDER
INVESTORS, L.L.C.
|
|
By:
/s/
Thomas Dykstra
|
|
Name:
Thomas Dykstra
|
|
Its:
President and Treasurer
|
|
By:
/s/
Thomas Dykstra
|
|
Thomas
Dykstra
|
|