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Friday, 06/10/2011 6:35:04 PM

Friday, June 10, 2011 6:35:04 PM

Post# of 103302
who did the press release go to and if it's true....is there are PR from MB to the shareholders of LLEG stating this happened?

"Laidlaw Berlin BioPower quickly distanced itself from its former affiliate after the SEC's announcement, sending a press release Wednesday morning saying the SEC action "has no effect whatsoever" on the project.

But when asked for clarification the following day, Richard Cyr, a spokesman for Laidlaw BioPower, said attorneys needed to draft a new statement, which arrived yesterday afternoon.

In it, Cyr said Laidlaw Energy Group sold its equity interest in Laidlaw Berlin BioPower to Newco Energy LLC in September 2010 for a cash payment at the time and a subsequent payment after the construction loan on the project closed."

http://www.concordmonitor.com/article/261948/energy-companys-trading-suspended?page=0,1&CSAuthResp=%3Asession%3ACSUserId%7CCSGroupId%3Aapproved%3ABA4A9537C4BF4594E11F4B09D8217743&CSUserId=94&CSGroupId=1

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