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Dividends are only offered in established companies that can predict how much profit they can distribute to shareholders and still pay their daily costs. Right now we are still very early in becoming an established company.
MBB will need all available cash to #1 fund new projects #2 Pay off debt.
Maybe in 10 years....
I am very impressed with all the great posters. I will buy each and every one of you a bottle of your choice on ground breaking day. That could be as early as October. If you are not there I will mail it to you.
GREAT JOB ! ! !
We need to see the permit and break it down further. There are smart people here and I am sure 5min after the permit is posted we will have more questions answered and more concerns to raise more questions.
I guess it is a part of pink sheet companies that do not have the SEC looking over their shoulders.
You cannot do the math for 1 reason. There are 10million preferred shares in MBB hands. We do not know the conversion ratio these will convert to. They may be as high as 20:1. This means each preferred shares equals to 20 shares of common share. Giving an additional 200,000,000 shares when/if they convert added to the 3billion A/S.
I personally do not think they will convert. Preferred shares usually pay a nice dividend (looking ahead on that statement) and MBB wants to hold control over his company.
YES it is. Back when Berlin was just getting started I remember hearing about the creation of Laidlaw Berlin.
Do not worry it is fine
Do you think GE trading under the ticker "GE" is just General Electric:
NO it is comprised of:
GE Appliance
GE Aviation
GE Consumer Product
GE Energy
GE Finance - This is why GE is trading at 15.79
GE Healthcare
GE ...........etc
Get the point. As long as Laidlaw Energy GROUP "LLEG" is the parent company, all the revenues from Laidlaw Berlin will flow to one location.
P.S. GE is a GREAT BUY here
I’m here, just nothing to add I am on vacation; I had 3 weeks vacation I needed to use before the end of the year.
I am glad that MBB came through with the permit. It is now just a waiting game for the permit. I HAVE NOT SOLD any of my shares and I do not plan on selling and going anywhere. I just will lurk in the background for now.
Good luck all
LETS go LLEG . . . We all might feel a little blue with the PPS, but now is the time to step up or get out of the batter’s box. We are all about to make history together. And Berlin is going to get us on the map as an energy company. Someday I hope we pay a dividend, but I think I am a little ahead of myself.
The past 3 days was all on LIGHT volume, so there is no need to panic. If we get news this year on Berlin great, but if not DO NOT WORRY.... I am not smart enough to say this but I will. Berlin will happen and when we break ground I am sure most of us will be in Berlin for that day. I know I will.
Good luck to all and have a great holiday.
To Mike Bartoszek:
As our CEO we hold faith that Laidlaw Energy Group will rise to become a great biomass company of the future. A company that puts the environment and its people first while making a profit for us shareholders.
I wish you and your family well as I know you have been traveling and spending much time away from your family. Please spend it with your family I am sure they miss you. I do not want you in the DOG HOUSE with anyone. I am sure Bad Gamblers dog is already curled up with him on the couch at this moment.
Take care and good luck.
Bill E
P.S. if you are Bartoszek drop me an e-mail on my personal e-mail
I am on vacation the rest of the year. . Good luck all
I was referring to your perfect storm phrase : Delay in Berlin permit, Tax Loss selling, and MBB dumping shares, Investors tired of waiting.
BUT the good news is it is all on LIGHT VOLUME, so it does not mean much and is a great time to start buying, I am :)
Do not for get MBB dumping shares
LLEG not hitting the radar is a good thing. It allows you to buy a stock that has not taken off yet.
10 more trading days till the end of the year . . . Tick...Tock
A Vista/Win7 must have gadget. Watch TV on your desktop. i am using it to watch the 787 take off
http://gallery.live.com/liveItemDetail.aspx?li=529b23f1-3867-4a58-96d8-07852feb1b67&bt=1&pl=1
LOOK PEOPLE. Turn to Bloomberg TV NOW and watch the Boeing 787 taking off. It was a very costly and delayed ridden afair. BUT it is taking off. I would be buying now waiting for our TAKE OFF
The pain has just begun. We can move a lot lower between now and the 11 more days of trading till the end of your year.
MBB should be very aware and should care about the Short term PPS. He is still learning about the stock market. he needs to UPOD. Under Promise Over Deliver.
If there are any new projects that we do not know about, I hope we do not know about till the INK is dried on the contract. the PPS swing is not making investors HAPPY.
Like Jim Cramer says ! ! THE HOUSE OF PAIN ! !
But still you will push yourself to the new finish line and you know once you reach the new goal it will be worth it.
and that is Matt not Mike
I predict with all the explosive estimated groth potential of LLEG we will be trading at a premium. something about .15 - .20
But this is still 2 - 3 years away.
NO WAY. I think we hit a new high about .0078 and drift backwards for 9 months till the permit gets approved. THEN and only THEN after the permit gets APPROVED do we hit the .01.
Remember LLEG needs to make another 85K tax payment in 6 months and guess where that will come from . . . new shares.
My bids in for .0018
I think the price of LLEG will drop A LOT MORE in the next few days. My bid is in at .0018 Just hold on tight we are in for a bumpy ride.
Berlin needs to save us
I still think the float is very very small and if the permit gets approved . . . WOW stand back
Is the market closed Dec 24th and Dec 25th? I think they are closed both days.
if so then only 11 more trading days till year end
I cancelled my buys as soon as I read the news. I will see how she traded next week. PLUS I am going Christmas shopping so I might not have any money
I WANT SNOW
I know what you are saying about the REC, BUT we do not know the terms and conditions of getting the MA projects. If one on the conditions was LLEG needed to get the Biomass conversion permit before we can take over the plant. This will mean we will not have that project for at least 1 year.
We can also take advantage of this situation because there will be a lot of companies who might drop out of the permit process who can not wait a year. Then we can go in and pick up these projects cheaper. Just a thought.... We need to take advantage of the situation.
Don't get me wrong, this is big news but no way going to hurt LLEG in the long run. We are all depending on BERLIN like it or not, if Berlin does not happen LLEG will be in deep DOO-DOO.
12-13 more trading days till the end of the year.
I hope you are right about LLEG not needing REC in MA. We will have to wait and see how it plays out.
I could be wrong, but wasn't one of the projects on the condition that LLEG can get the Biomass conversion permit.. or something like that.
OK, off to my company office party.
http://www.mass.gov/Eoeea/docs//doer/rps/Mass%20Biomass%20Energy%20Stakeholders.pdf
but it states in LLEG's PR Laidlaw plans to convert the plant to biomass power
and the latest news reads:
Furthermore, the state Department of Energy Resources has suspended all consideration of new biomass power
State Department of Energy suspended all new biomass power
Opposition to biomass power in Mass. spurs study, suspension of RPS approval
By Lisa Gibson
Posted December 11, 2009, at 10:01 a.m. CST
Broad opposition to biomass power in Massachusetts has prompted the state to commission a study to determine woody biomass’s sustainability and carbon neutrality as an energy generating feedstock. Furthermore, the state Department of Energy Resources has suspended all consideration of new biomass power for participation in the state’s renewable portfolio standard (RPS) program until the study is concluded.
The third-party study, which will be led by the Manomet Center for Conservation Sciences, will look specifically at forest management as it relates to biomass collection, as well as life-cycle analysis of the carbon inputs to biomass growth, harvesting, transportation and combustion. The study should be completed in June and new rules based on the findings will be released in about a year, if necessary. It could result in stricter regulations for biomass plants in the state that wish to participate in the state RPS—15 percent by 2020, with smaller goals on a yearly basis. Participation in the program is what generates renewable energy credits, a main source of revenue and motivation for biomass power.
Bob Cleaves, president of the Biomass Power Association, says his group does not think new rules are necessary, as the same issues have been hashed out on the national level already. “The Biomass Power Association has been addressing sustainability now for some time,” he said. Some local opposition groups in Massachusetts have claimed open-loop biomass power is not carbon neutral and should not be considered a renewable energy source. Cleaves said if the state agrees, it’s laughable to think it can reach renewable standards without it. “They literally will have taken half the nation’s renewable energy and flushed it down the drain,” he said. But clearly, the anti-biomass groups have made their voices heard. “The opposition has been very, very effective,” said John Bos, public information officer for Russell Biomass LLC.
The suspension of RPS consideration will likely postpone construction and operation timelines for companies proposing plants, but Peter Bos, developer for Russell Biomass LLC, said his company’s timeline will already be pushed back because of appeals by local opposition groups. The company has proposed a 50 megawatt plant in Russell, Mass., and is considerably far along in the permitting process. Original plans were to start construction in September, 2010, but appeals can delay that process, which Bos fully expects. The opposition group, Concerned Citizens of Russell, has already appealed several of the company’s permits, but each ruling has gone in favor of the plant, Peter Bos said. The suspension shouldn’t draw out the delay any longer than the appeals will, he added. “That’s what the opposition wants,” John Bos said. “Appeals take time and time is money.”
The study will take time and its main function will be to determine how much biomass is available and sustainable for biomass power plants, so the DOER will know how many plants it can approve for participation in the RPS programs, along with how large they can be, Peter Bos said. The question is not if biomass power plants can be sustained, but how many, he added.
Four biomass plants are proposed in the state, with several coal plants planning to switch to biomass power, fully or partially, Bos said. Several opposition groups have been vocal about the plants, leading to the study, along with a ballot initiative that would effectively ban biomass power by limiting gross carbon dioxide emissions to 250 pounds per megawatt hour for facilities participating in any Massachusetts RPS program. That emissions level could be nearly impossible to achieve, according to Eric Kingsley, with Innovative Natural Resource Solutions LLC. That is more than any biomass plant emits, along with any coal plant, Peter Bos said.
Burning anything releases pollutants, said John Bos, and burning wood is a much better and cleaner solution to burning coal. “Nobody is looking at the overall context,” he said. Both Peter and John Bos agree that Massachusetts is the most difficult state in which to get a plant going, mainly because of the opposition and strict permitting process. Peter Bos said the Russell plant will be the most tightly permitted in all of New England. Currently, the state is home to only one 17 megawatt biomass power plant in Westminster.
If the study determines new and stricter guidelines are warranted in Massachusetts, Cleaves said the BPA is excited to work with the state to develop them, but added that he’s confident the study will determine tree tops and limbs will be a sustainable feedstock for biomass power in the state.
http://www.biomassmagazine.com/article.jsp?article_id=3330
I guess that means NO MA this year - I just hope NH does not follow suite. Lets get that permit in and start digging
mbartoszek, it is all up for interpretation. I hope we do get the Permit filed before people go on vacation. I know MBB and the staff are doing all they can in getting the Berlin permits submitted. Sometimes it is out of our hands and waiting on other people or companies are painful and cause delays. BUT in the long run I know it will get done.
Since September every day we read new posters stating “WHERE IS THE PERMIT”. I think it is important to Under Promise and Over Deliver, all the great publicly traded CEOs know this rule. If people think next year (Under Promise) and they get news this year (Over Deliver) it will reward the long term holders and not the traders that manipulate the stock price short term. The short term Stock price is important, even to you, because calling the Transfer Agent to increasing the Outstanding Shares on a stock that is running hard because of unexpected great news will lessen the impact a bit. Right now we all know the permit is coming. All the flippers are buying the stock now at .0027 and will flip it at the previous peak of .0075 - .008. PLUS who knows if you will release anymore shares into the Permit news. Traders trade off timelines given by the CEO ;)
I have faith and I am holding a lot of LLEG and even if we have a nice run in the PPS I am not smart enough to try and pick a top to sell.
Good Luck and Happy Holidays to you and the Laidlaw investors, and the wives who sometimes understand. And to the dogs that keep some people warm when the wives do not understand.
PS> Make sure you all have a Roth IRA account . . . . Why pay the government to retire.
Bill E
Those are all after my .0026's get filled.
Sorry, It was in his tone that gave it away, He talked about 1 or both the MA projects being pushed to Jan. so I ASSuMEd.
Take it for what it is. it is like all the PPS predictions. . ..005 by the end of the week.
Not till next year, read MBB post from yesterday
To all investors DO NOT HAVE STOP LIMIT ORDERS. If you have limit STOPS you will be taken out.
Look back to the last time when we dropped almost 50% in 15min and recovered in less time.
I have an e-mail into them asking if they plan on going public. I would put upto $50k in. I can see it taking off then getting bought by the CME Group.
PLUS it will be a good place to sell our woody biomass on our Willow TREE farm that Digi and I will start . . .
Biomass Exchange: The Biomass Marketplace
New exchange offers a platform for biomass buyers and sellers in the U.S. and Canada to connect.
A new player has entered the biomass marketplace. The Minneapolis Biomass Exchange (MBioEx), which launched its online portal in July, has created an innovative and user-friendly technology solution to bring together buyers and sellers of underutilized biomass feedstock.
Users can list any biomass on the exchange, but typical feedstocks include forest residues, wood chips, corncobs, corn stover, hay, wheat straw and dedicated energy crops, such as switchgrass. Users can find a full sample list on the exchange at www.mbioex.com.
In addition to the listing platform, MBioEx offers a messaging service to contact users, map tools and commitment templates. A monthly e-newsletter is also available to keep users updated on feature upgrades and research reports.
The service is available to users anywhere in the United States and Canada. Support for the metric system will be added by the end of 2009.
Hatching the Exchange
The company’s founder and president, Kevin Triemstra, spent five years in Web technology before entering the biomass industry. While getting his master’s in business degree at the University of Minnesota, he noticed that many in the biomass marketplace were struggling with supply chain issues that had no easy solution.
At about the same time, he discovered the Minnesota Biomass Exchange, a project developed by the Agricultural Utilization Research Institute, Minnesota Clean Energy Resource Teams, and state natural resource and commerce departments.
Triemstra knew his most valuable contribution to the biomass industry would be to use his experience to apply newer Web technology to advance the previous exchange. After consulting with AURI and developing an alpha version with the BioBusiness Alliance of Minnesota and Swedish firm Ecoera AB, Triemstra had Midwest Web experts develop the beta site which was released in July. The beta period ended Nov. 1, and users can now freely use the site.
Triemstra said that many in the industry talk about the classic chicken and egg dilemma—in this case, which comes first in biomass—the market or the supply? “We’re saying that you have to work both sides at the same time, which is what a listing platform can do,” he said.
Supply-Side: Producer Advantages
A biomass exchange does not come without its challenges. Besides overall challenges with the biomass supply chain, Triemstra learned from several farmers that they would not want to harvest their agricultural residues unless a market already existed. He knew that his technology could provide a solution.
On MBioEx, users can always list harvested farm-gate biomass such as hay bales, which have a more established market. But to alleviate farmer concerns, they can also list in-field unharvested new market biomass such as corn stover. By doing it this way farmers would not harvest biomass that has nutrient value to the field, unless a buyer makes a reasonable bid.
“We’re just providing an outlet to additional markets,” Triemstra said.
Market-Side: Cultivating End-Users
In addition to opening up market options to biomass producers, MBioEx also hopes to add end-user value.
“We’re identifying supply to reduce discovery and procurement costs for end-users today,” Triemstra said. “Some investors are looking for regions with good local knowledge and advertised interest. Regions with a larger number of listings will be advantageous to these investors.”
There are other difficulties attracting new investments. Before investing, some investors require a project to have some of its feedstock wrapped up in long-term contracts to reduce their risk. That means it can be difficult to gain these investments. MBioEx can reduce investor risk by providing access to a more fluid and consistent biomass marketplace.
“If we can work together with suppliers to show a more consistent supply is available, more end-users will accept biomass as an alternative feedstock,” Triemstra said. “Hopefully, this will reduce investor risk and allow more organizations to get their projects off the ground.”
Available Features
The features available now on the Web site include:
Listings: Listings are free. “We want to encourage interaction,” Triemstra explained. Users can list their biomass by feedstock type, quantity and availability date (if not recurring). In the future, users will have the option to receive e-mail or text alerts when new supply becomes available.
Messaging: It is similar to sites such as craigslist and eBay, where users can contact each other to inquire about a listing. Messages are sent via the site to the user’s e-mail address. That way, users don’t have to log in every day to check for messages. At any time, users can log in to view a full conversation.
Mapping: Mapping tools are available so users can see where the ready supply is located. This will help a buyer understand the distance between a supplier and the end facility. However, supply is mapped by city, not by street address, so suppliers can remain as anonymous as possible until a serious inquiry is made.
Agreements: Online commitment templates are available for buyers and sellers. Today, final agreement terms and payment are up to the buyer and seller, but an upcoming upgrade will allow digital signatures.
E-Newsletter: Users can stay informed about new exchange features by subscribing to the MBioEx monthly e-newsletter directly from the home-page.
Coming Soon: Triemstra said that the feedback MBioEx receives from users will help shape the new and upgraded features that the portal offers. To submit feature requests, use the contact us form on the Web site. A few enhancements are already in the works.
Biomass Crop Assistance Program
MBioEx has already been assisting qualified biomass facility signup to the Biomass Crop Assistance Program. BCAP offers support of up to $45 a ton for biomass sent to qualified biomass conversion facilities. These facilities will include those that convert or propose to convert eligible material into heat, power, biobased products and advanced biofuels.
“We are considering setting up a user interface to automatically create the BCAP application PDFs,” Triemstra said. “There are several different forms, and we thought why not just simplify the process. All the user would do is fill out company information into a Web form and then download the completed PDFs. BCAP trades are already occurring so the time to act is now.”
If implemented, BCAP automatic sign-up support would be available on the Web site in December.
Logistics
MBioEx plans to integrate contract harvesters and freight services in the first quarter of 2010.
“Our role is simply to facilitate exchange and improve opportunities for our users. But if we can reduce discovery time by connecting users to important logistics services, we’ll do that,” Triemstra said.
Once a buyer and seller agree on a feedstock exchange, they could then choose from these optional services. This may be important in the upper Midwest, especially when farmers have a lot of work to complete before winter arrives. If a farmer still needs to harvest corn and soybeans, he may want to hire a contractor to handle the biomass residues to save time.
Market Quotes
Eventually the Web site will list average monthly biomass trade prices. For now, since the market has not fully materialized for many biomass feedstocks, the site can only provide some pricing guides based on university research for what a seller can expect to charge. These guides will adjust daily for some feedstocks based on changing feed and energy costs. Ultimately, sellers can sell at any price. BIO
Katie Hagen is a freelance writer in Minneapolis. To learn more about the Minneapolis Biomass Exchange, contact Kevin Triemstra at biomass@mbioex.com or through the corporate Web site at www.mbioex.com.
http://www.mbioex.com/about-us
Take advantage of the situation. Profit when others panic.
you know you are a redneck when you have a server room that looks like that. . .
Whoever built that should be SHOT
Any update on the new WEBSITE?
I think he was just one of several highly qualified experts to comment on this story.
its just their comment to the story, they are not in the story
Might sound crazy, but I trade for 2 people who give $50 from every paycheck. They first $50 trade was at .0003. It sounds crazy buy since June there account is now over $3,000 with only about $600 invested.
Tomorrow I will buy about 17,000 shares for one of my investors. these shares will not be sold for flipping.
I personally pick up 100,000 shares every 2 weeks. that will be next week.
If/WHEN Laidlaw gets there plants up and running and money starts flowing these little buys will be worth it. consider it a Christmas fund for the future.
I think I bought up their shares and I will not give them back. Tell them good luck from ME :)
almost up to 70 million