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.
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.
Hold. That's what I'm going to do. No liquidity, just useless speculation.
Watch what happens when LLEG gets off the greys and resumes trading on a higher exchange. LLEG is still working on projects, that hasn't changed.
LLEG is still due $$$ upon closing of financing... which happened last week.
Financing is inked. What's LLEG's cut? $$$
Good things just may come to those who wait out the storm.
Someone bought 3M @ .0009 also. A pretty good $2700 spent if you ask me.
Settlement reached in NH biomass conflict (Forbes):
http://www.forbes.com/feeds/ap/2011/08/24/business-us-biomass-flap-new-hampshire_8639835.html
We'll be listed on an exchange above the greys in due time. Whether the OTCBB or Pinks, it will happen.
I had a buy order in yesterday with no bites.
I think so as well.
There are no sellers at 19 or 20.
Maybe hearsay is hearsay.
I just know that LLEG is owed a payment. That's good enough for me.
Are you denying that LLEG is owed a payment subsequent to the closing of financing?
Now we need to wait for the PUC approval and to see what LLEG's share of the pie will be.
You will see documentation once the PUC approves the PSNH-IPP deal. Then after financing closes, you will see documentation of what LLEG's share will be.
Deal Saves Berlin Biomass Plant !!!
http://www.nhpr.org/deal-saves-berlin-biomass-plant
Reports of the demise of a proposed biomass plant in Berlin apparently were premature. NHPR’s Chris Jensen reports.
The proposed Berlin BioPower Plant – touted as a economic boost to the North Country - has come back to life.
That news came in a filing today with the Public Utilities Commission.
The filing shows that a group of small biomass plants have agreed to drop a legal challenge to a 20-year contract between Public Service of New Hampshire and the Berlin plant.
In exchange the plants – some of which have admitted they are in serious financial trouble - will get contracts to sell electricity to Public Service of New Hampshire.
Those contracts are for about two years and total about $20 million. That will raise the rate of a residential customer about 55 cents a month, according to an analysis by the PUC.
In addition to letting the Berlin plant go ahead the deal would save several hundred jobs that would have been lost had the small plants closed.
The deal has to be approved by the Public Utilities Commission.
LLEG will rise again!
Well that money will fund future ventures. Lets say a few of those take off. Wouldn't want to be on the outside looking in beardude.
It doesn't take "sliming" spreadman, it just takes ingenuity and persistence.
Once financing closes (yes, once. Not if), LLEG will be issued their second payment. We do not know how much it will be for, but one can certainly guess that it will be larger than the first.
Still here, just nothing really to talk about. Call me an LLEG lurker for the next few months.
There is still volume. Liquidity will return once we are off the greys.
up 1/100 a penny. Any thoughts on what the price does from here?
LLEG holding at 1/10 penny.
The NH biomass plant is not canceled. All reports that have come in over the past several days are saying that negotiations are ongoing. I've heard that construction is rumored to begin next month.
Did anybody here buy any .0005s today? WOW!!!
"Evidence is on hand that Halle does believe that an agreement can still be reached this week, however. Cate Street ordered Babcock and Willcox to send its advance team to Berlin to work out the project’s logistical requirements in the event that negotiations do succeed and the go ahead is given to begin work. "
Evidence is on hand that Halle does believe that an agreement can still be reached this week, however. Cate Street ordered Babcock and Willcox to send its advance team to Berlin to work out the project’s logistical requirements in the event that negotiations do succeed and the go ahead is given to begin work.
This confirms everything I have been hearing from Berlin over the past couple weeks.
Alien, we understand that LLEG was suspended by the SEC because questions had arisen, yada yada. We also understand that we are trading on the grey sheets and will continue to do so until the investigation has concluded and we can get an MM to begin trading us again.
That being said, the company is moving forward with its plans in Berlin. Susanville, CA is next in line and New Bedford, MA is already operating.
We know Mike has engaged a high-quality auditing firm to deal with the SEC issue and we have a sneaking suspicion to expedite the uplisting documents required to trade on the more transparent, more compliant OTCBB.
I'll tell you what, some serious attention was garnered when the first reports came out about Laidlaw Berlin being "dead in the water". That attention has paid dividends and I believe construction will begin next month.
That is far from the truth, cat. Berlin is very much alive.
Hey TAP, I didn't mean that to be directed at you. LLEG did not pay for promotion of its public stock. That is a fact. These promotions were paid for by 3rd party front-loading "HOT STOCK ALERT" sites which sell into the buying frenzy.
P&D is not LLEG's MO.
Good luck with the research. What's it about?
Laidlaw never paid for any promotion. It was all put out by these stock alert websites as part of a front-loading technique.
Again, LLEG did not pay for these.
Who is from Berlin?
fwayneh1, I endorse your opinion on this matter.
In 2009, LLEG was a 37.5% equity holder in the Berlin Project. This is a fact. They sold their equity share for $$$.
That is my understanding as well, Sean. LLEG isn't going to go under. This, obviously, is a setback but I believe they will recover.
In another words the PR a few months ago by LLEG
That's not true. LLEG is planning to team up with Konarka to install ~2MW of solar on the current Natural Gas plant.
Of course they will continue to project manage
They will manage their projects and see them through to completion. They've also stated that they intend to be the 100% equity holder of the Susanville, CA plant.
How much was invested? Unknown. What are the revenues? Unknown. What does "control" mean? Unknown. What kind of equipment is in this thermal plant? Unknown. What would it cost to upgrade it to produce electricity? Unknown. Who will ultimately own it? Unknown.
LLEG is operating this plant and entitled to 100% of the operating revenue.
readily receive gov backing on a loan
LLEG is in the right business at the right time. They also have the right people to get the job done as has been seen in Berlin where LLEG led this project from an idea all the way through permitting.
LLEG will continue developing biomass plants. In the future, they will own/operate as well. LLEG is already operating the thermal plant in New Bedford, MA.