With everyone relying on juicy spoilers about what's to come in "The Hobbit: The Battle of the Five Armies," finally, someone is setting things straight.

The official synopsis of the last installment in the movie franchise has been revealed, which is as follows:

"The Hobbit: The Battle of the Five Armies" brings to an epic conclusion the adventures of Bilbo Baggins, Thorin Oakenshield and the Company of Dwarves. Having reclaimed their homeland from the Dragon Smaug, the Company has unwittingly unleashed a deadly force into the world. Enraged, Smaug rains his fiery wrath down upon the defenseless men, women and children of Lake-town.

Obsessed above all else with his reclaimed treasure, Thorin sacrifices friendship and honor to hoard it as Bilbo's frantic attempts to make him see reason drive the Hobbit towards a desperate and dangerous choice. But there are even greater dangers ahead. Unseen by any but the Wizard Gandalf, the great enemy Sauron has sent forth legions of Orcs in a stealth attack upon the Lonely Mountain.

As darkness converges on their escalating conflict, the races of Dwarves, Elves and Men must decide – unite or be destroyed. Bilbo finds himself fighting for his life and the lives of his friends in the epic Battle of the Five Armies, as the future of Middle-earth hangs in the balance.

Just some quick notes, Thorin's greed might be linked to his grandfather's obsession with gold. Also, there will be conflict on whether to unite and fight as Thorin is known not to get along with the Elves.

Another good news is that Director Peter Jackson confirmed that the first teaser trailer of "The Hobbit: The Battle of the Five Armies" will be released at Comic-Con, which is just two weeks away. This will just be a clip from the final trailer, which is likely to be released in October.

"The Hobbit: The Battle of the Five Armies' will hit theaters in the U.S. on December 17, in the UK on December 12, in New Zealand on December 11 and in Australia on December 26.