InvestorsHub Logo
Followers 25
Posts 1267
Boards Moderated 0
Alias Born 03/17/2008

Re: None

Wednesday, 02/16/2011 5:50:07 PM

Wednesday, February 16, 2011 5:50:07 PM

Post# of 103302
JUST TO CLARIFY FACTS FOR THOSE WHO ARE UNAWARE:
Spencer is an admitted intervenor in the PUC case attempting to stop this project and his involvement in this matter should be made clear to all so that any spin or tone to his posts can be judged based on their content of fact versus spin. This is a signifigant fact he should have pasted to every post of his if he truely wants to fairly inform investors.

..At best, an approval will have significant conditions,...



Would this be like the "signifigant conditions" you claim exist with the Site permit approval? Shall we take the additional time and bore everyone to death with reciting them or just summarize? Lets summarize;

1. All the Deals struck between LLEG and the town of Berlin must be adhered to. Is this the deal breaker?
2. LLEG must adhere to all local, State and Federal laws and regulations that now or may in the future exist. Perhaps this is the deal breaker? I need to know, especially the ones about not removing trees within 50ft of the river or using explosives during construction according to the law. This could stop any project in the country should they have to follow the law. LOL.
3. This must be the stipulation that you feel will result in the permit not being issued; The parties must inform the NHSEC panel should any of the primary players change. This includes ownership, management and personnel, such as Mike as the CEO of LBB.

Now as you well know, LLEG has a deal to sell their equity interest in Berlin and if Gestamp and CPD want to shovel money at LLEG for the right to be in OUR project, fine, shovel away. But do not act is af this would not be a good thing for LLEG.

Further, as we ALL know, LLEG is retaining a "substantial interest" in the Berlin project. True, as of now we do not know if this is stock in the parent companies to NewCo or simply a profit sharing or management fee contract. But what is known is that Mike took LLEG into this project with next to nothing and will be walking along side of it with a substantial cash reserve and future income out of this project regardless who "owns" it in the future as a portion of that income will come back to LLEG. We all know by the ownership documents on file that LLEG had a 37.5% equity interest in this project, with a PPA valued at nearly $2b, so don't keep trying to insinuate that LLEG is going to walk away with nothing, we all know Mike is a very smart and tenacious businessman with years invested in Berlin. NOT FOR SALE CHEAP !

With those cash reserves, Mike has already announced the acquisition of the CA. plant soon to be closed upon AND, he noted yet another acquisition soon to be announced. My bet is that it will be one of the MA. plants that is currently operating and producing power and "REVENUE". Add to this the planned uplisting and bada bang, right into orbit baby.

While we all understand that you are opposed to the plant being in the center of your town, at the old mill site of the run down and rusting mill with EPA hazards making it a poor choice for transformation into anything like a "park" as you had desired, but you need to stop changing positions constantly. I do not know about everyone else but your giving me whiplash.

One day the project is doomed to failure and will never get site permitted or PPA approval, the next day it is being taken over by CPD and Gestamp ( based on rumor, likely off byte&chew, and we know who starts those rumors there, wink, wink ) and under them it will be a rousing success and LLEG will walk away empty handed, then the following day we are back to the project is doomed to failure.

Back and forth, day after day, not just on one issue or topic, but on everything you discuss. Your posting varies so widely it becomes obvious that your posts are dedicated not to the truth, but towards trying to hurt shareholders here with half-truths, inuendo and specualtion, half the time based on "rumors".

On the bright side though I would like to thank you for your recent admissions that the PUC is LIKELY to grant approval of the PPA. That was a stunning admission to make and it took guts to admit. So now that it has been made, why the effort to backpeddle it and act as if we do not know what you have admitted? I am just trying to figure out if it is because you are cheezed off and are simply venting, or if you have a strategy in order to try to buy cheap shares by creating confusion and doubt.

Just my .02, but I don't think it is working. Investors see the truth, the potential and the future coming down the road for LLEG, and they LIKE WHAT THEY SEE ! ! !

LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!

AS ALWAYS,

GO LONG ! ! ! ! ! ! ! ! !

KEEP THE FAITH ! ! ! ! ! ! ! ! ! ! !

ENHANCE YOUR CALM ! ! ! ! ! ! ! ! ! ! !

STAY THE COURSE ! ! ! ! ! ! ! ! ! ! ! !

GO LLEG ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.