Hey Wick brief overview from cyclone:Posted by: cyclone101
In reply to: Ming who wrote msg# 18371 Date:3/9/2008 2:51:46 PM
Post #of 18498
I would be glad to hit a few "highlights" for you.......
Deals in the works and about complete
NY & NH
NY is a building, land, equipment we already own and want converted, but the town has opposed us and is stalling.... So we LLEG took them to court for an answer from the judge.....
-with this case, we LLEG are also countering the town for 10M in lost rev's, etc....
NH is the Paper mill we want to convert..... we already have 5M funded (with non toix financing)... this is 5M of the total (aprox) 80-100M deal.....
-with this deal, we have a side bar arrangment with Fraser Paper to sell them bi-product (heat) from our plant......
-((this will be the Northern US's Largest Bio-mass plant at 50-70MW~~~ with this plant MBB & LLEG will bring several other business to the plant and so on...))
Future site
NE is the only publicly mentioned place we also have in the mix..... not much said about this except the plans are progressing....
((my guess is all our focuss is turned towards NY & NH right now..... once these are done, NE & elsewhere will come to the front))
HOW LONG???
last heard we finally have financing done as of Last week or early this week..... str8t after that or this coming week, will focuss on getting the NH plant 100% done signed and pr'd with the wallstreet backer who is our financer.....
WAY FUTURE AS IN 3-4 Q......
plans to uplist.... this WILL be done as part of our arrongement for the backing/financing
-with this the "auditing, and filing have alraedy been started MONTHS ago......
predictions;;;;;;;;;;;;;;
could very well see a range from 1-5 cents after we get both the NH deal and the financers pr'd.....
the NY deal with the 10M would secure a solid spot around 3-5c....
this is all just a guess at this point, but the nubers to justify would be 80-100M divided by a/s,o/s or 1.5B = .01-.05+
