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another possiblity...get rid of shareholders in the loop?
"This is the sale / lease buyback that Mike has already shared information about."
not sure about that Bench....we need to hear from MBB what he did hear for shareholders
any of those pertain to LLEG? The job situation is country wide, not just NH
I took myself off....stay on topic discreet.
yes i saw this going on for a couple of weeks....daytraders do an orchestrated move out....so it really could be anyone
thanks...I'm hoping we hear about the details soon and the shareholder status
"Someone has been doing a well disciplined sell off. "
I agree....I hope it isn't the company taking the shares up to 3bil...
are you saying you think they still own 37.5% of the project?
what email address are folks writing to MB at?
that's not the issue....the issue is where does the LLEG shareholders play a role in that and to what extent...so far it looks like nothing yet in yesterday's communication in the Berlin paper MB was quoted as saying the following and this is certainly confusing to shareholders who were part of that group. I can definitely understand why these questions are coming about
Posted by: skunksyard Date: Wednesday, August 25, 2010 10:47:29 PM
In reply to: digiholic who wrote msg# 70476 Post # of 70518
that theory you and Matt present sounds good...
I didn't get this...
"Laidlaw Berlin BioPower CEO
Michael Bartoszek said the proposed new ownership
structure of the 70-megawatt biomass plant planned
for Berlin retains the same parties that have been
involved in the project."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53732351
weren't we 37% of that? or did I get that wrong from the ibox chart
that was never the question....the question was at what rate...gross? net?
I'd be curious how you understood it since he didn't clarify it
that theory you and Matt present sounds good...
I didn't get this...
"Laidlaw Berlin BioPower CEO
Michael Bartoszek said the proposed new ownership
structure of the 70-megawatt biomass plant planned
for Berlin retains the same parties that have been
involved in the project."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53732351
weren't we 37% of that? or did I get that wrong from the ibox chart
so MB's taken care of himself and his 2 vp's.....very key question here....
what about shareholders.....
now the $14 mil invested mentioned in that article....was that LLEG?
and if this is the current shareholder structure what amount of money would you be expecting from this transaction?
Common Shares Outstanding: 2,379,721,088 as of 5/1/10
Common Shares Authorized: 3 billion
Other Securities Outstanding: 10 million Series A preferred shares held by management
Insider Ownership: Management owns approximately 70% of the Company's equity securities on a fully diluted basis
http://laidlawenergy.com/investors.html
yes but that's not what you said in that post
"They were never to be the owner, just the owner/operator"
you said owner/operator...
"They were never to be the owner, just the owner/operator"
huh?
"Furthermore, he said
he will remain involved as CEO, and
Lou Bravakis and Raymond Kushe
will continue to serve as vice presidents
under employment agreements."
for what company?
geek squad is owned by Best Buy....value may be in that
there will be tons of safety inspections along the way
ok I suspected they didn't ... Jon seems to have good recall. Well that information is a start for shareholders at least
ok well that will be good to know...I'd like to know the % of ownership of these entities if applicable also...did they request that?
were you there for this part? Was this assignment given to MB?
"Tomorrow should be very enlightening with Mr. B responsible for some overnight chores re: providing all the details pertinent to all LLC's and the roles of each individual with each LLC. Interesting to note that both Laidlaw and PSNH purchases wood from Cousineau and that Laidlaw wants to purchase solely from Cousineau, and Laidlaw's deal with PSNH is based on Schiller's price for wood, but according to Bravakis that has nothing to do with anything. ;)"
http://2much2do4now.typepad.com/bytechew/2010/08/tangledup.html#comments
I should have "" what I was referring to....."make a profit"
the question surrounds the share structure...debt if any the company has....etc
Common Shares Outstanding: 2,379,721,088 as of 5/1/10
Common Shares Authorized: 3 billion
Other Securities Outstanding: 10 million Series A preferred shares held by management
Insider Ownership: Management owns approximately 70% of the Company's equity securities on a fully diluted basis
wonder what impact that 10mil series A preferred added to our 2.4bil shares plays out in last weeks transaction....did you factor that into your analysis?
http://www.laidlawenergy.com/investors.html
seems as soon as the 0021 orders get filled we drop back to 0019....there needs to be buying pressure on the ask for it to move up. Most are going by on the bid....
there's a # in the ibox taint for you to call to find that out
.0019/.0022 again I'm watching for any dilution here. Don't know if there will be because it's hard to figure out whether MOMO's are still parading out, shareholders are parading out, folks that MB borrowed money from (and again folks we need to know how much money he's borrowed that will be deducted from any sales price of our interest if this deal goes thru) or other
the question right now is who is involved with NewCo (it's listed officers) and who is involved with PJPD (it's listed officers)
then the question becomes with the new transactions finalized who will be the listing officers of NewCo. MB said he remained CEO but of what?
where did they get the financing for this project if they own nothing?
"“This greatly benefi ts the project and
us as a company. As you know, Newco/
PJPD has been providing the fi nancing
of the project up to this point,"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53549880&txt2find=berlin
tons of shares going by at 002...we need to watch for the o/s shares count
looks like both companies are Delaware companies
actually NewCo said they would not sell stock in NH on one of the reports...not sure if the other one said that or not or that's just standard data.
to say this you would have to be privvy to their financial data or inside info...if not what do you base this statement on?
or the idea could be to do a major r/s say 1 share for every 1000 you own and roll NewCo into the LLEG shell owned by NewCo owners...that's another possibilty
I'd have to drag all that data out about who's on Laidlaw biopower
and laidlaw berlin bioppower to see if his name is attached there too and what that means if anything in this newly developed data
I was thinking the same thing....I wonder where these folks get their information.
I'd be surprised but we'll see if LLEG gets a pure sales price with no debt attached to it...and I'd also be surprised if it was sold anywhere near future earnings value...but both remain to be seen
"has desighned a lease purchase for them that leaves PSNH as the only buyer (first refusal) when NewCo fails."
that makes sense since they have the long term contract
"PSNH is aquiring the equitable assets"
are you saying they are NewCo? or something else
" that LLEG Leases through a fourth party,"
what does this mean
"LLEG will only then exist an idea with substancial debt. "
it's a public company so it's a legal entity...not sure about debt. That's a question I have after all these years of operating with no income. How much has been accrued....
"Skunks, I mean no harm by saying this but I've never seen you so shortsighted before"
the data this week changes the definition of how LLEG has been presented to the public. Companies can change their plans but
they need to change the public information at the same time (as evidenced by MB's quote published in the Laconia paper this week). Laidlaw has not done this and folks continued to invest in
this.
"Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through development, acquisition, conversion of existing facilities and through partnering with manufactures that have significant electric and thermal needs. This area is the area for news and stories on Laidlaw Energy Group. "
http://laidlawenergy.com/news.html