Laidlaw Energy Group, Inc.(fka LLEG)

[CTTC]

I called my contact at PSNH and she said half the small generators have agreed not to proceed but half haven't. She says the governor is involved and thinks the announcement by Cate Street is just a threat to force the rest to fall in line.

With all due respect Nowinvest, its not just the small generators complaining but the towns where they reside. Don't forget the "city" of Berlin only has 9,000 or so inhabitants while the six towns taken in total have as many people affected. These towns have just as much political influence as Berlin. Each one of these towns will lose a big chunk of their tax base and 20 jobs if the small plants close. Secondly, many of the truckers who haul chips don't want the small generators to shut down. Most of these operations are in easy to get to locations while Berlin is isolated especially in tourist season by the blockage in north Conway. The logging operations now have the choice of where to drop off their chips. If the Berlin plant becomes "the last man standing" that choice is gone. Being LLEG stockholders we tend to see only our side and not the others.