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I can tell you for a fact...BANKS ARE NOT LENDING IN THIS CLIMATE..unless you have a hefty business proposal showing almost guranteed sustainable revenues,over a long period of time etc...
The loan element alone tells me...we have certainly passed a point of no return..we are officially in the big leagues now IMO.
Uplisting will do nothing but further cement that notion.
The ride seems to be just begining for patient longs here.
Are you suggesting that "THE SOURCE" was dead on again? This is laughable.
The CEO himself said he was close to finishing up the CA deal,and said it would be end of may.
We all knew this was coming...what's the big deal here?
Like I said, we all are just waiting for official PR's..that's what happened.
NO juicy insider info needed..just plain facts.
Please don't say "the source" is now claiming the PUC will give a decison soon either...lol.
can you hear me now?
NEWS!!
NEW YORK--(BUSINESS WIRE)-- Laidlaw Energy Group, Inc. (Ticker symbol "LLEG") announced today that it has executed a final Purchase and Sales Agreement to acquire a 14 megawatt biomass-energy power plant located in Susanville, CA. LLEG will be the 100 percent equity holder.
The sellers of the Susanville plant are Renegy, Inc., an entity controlled by Robert M. Worsley, founder and former Chief Executive of SkyMall, Inc., and Nature Energies, Inc., whose ultimate parent is Hanalei Renewables, a successful French renewable energy company. Both companies will become equity holders in Laidlaw Energy and will be issued a new class of preferred shares.
Commenting on the transaction, Laidlaw Energy President & CEO Michael Bartoszek stated “We are pleased to have reached this agreement and welcome our new business partners. We look forward to working with them as we advance the Susanville project and hopefully on other potential opportunities in the future.”
Laidlaw Energy plans to refurbish the Susanville plant, a process that is expected to take approximately 12 months and cost approximately $20 million. The cost of refurbishment is expected to largely be funded via a bank loan guaranteed through a program provided by the Federal government, along with a Federal grant for which the project is expected to qualify.
Laidlaw anticipates that once the plant is operational it will generate revenues of approximately $8 - $9 million per annum. A 20 to 30 year power purchase agreement is currently being negotiated.
The final closing is expected to occur shortly once Laidlaw has received certain consents to the transfer of some agreements from the sellers to Laidlaw. This is a minor issue and is not anticipated to create any issues for the closing
About Laidlaw Energy Group
Laidlaw Energy is engaged in the development of independent power plants that generate electricity from renewable resources, with a particular emphasis on biomass power and combined heat and power projects. Laidlaw Energy's mission is to build and manage a profitable portfolio of generation facilities through the development of new facilities and the acquisition of existing facilities, and in so doing become the leading supplier of biomass power in the United States. Laidlaw Energy is headquartered in New York, New York. For more information, please visit our website at www.LaidlawEnergy.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and LLEG cannot provide assurance that such statements will prove to be correct. LLEG undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact:
Laidlaw Energy Group, Inc.Edward D. Meyers, 212-480-9882Vice President – Investor Relations
http://finance.yahoo.com/news/Laidlaw-Energy-Signs-bw-3314719741.html?x=0&.v=1
Told me what?
Wondering how much equity we cashed out of berlin?
So many details still needed to form a clear picture.
Future certainly looking bright here.
The ASK is showing .45? hmmm something's up?
I already posted links last week showing "the source" to be incorrect in the past.
Wouldn't it be best to just let the facts speak for themselves??
LLEG doesn't need any juicy rumor mills to make money for shareholders...get PUC agreement approved,fire up the boilers, generate revenue...ROI...simple.
Like I said..let the facts speak. Those are the only facts here.
Just my 0.02.
Once again this proves that any "source" without a verifiable link is useless.
People should just wait patiently for an official PR,instead of baseless self-serving rumors and speculation IMO.
just got a LLEG news alert..but cant copy link..anyone has it??
Congrats! welcome aboard.
Good luck to us all.
please stop spreading mis-information on the board.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56742239
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56504910
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55907519
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55158357
Slick777, Can you explain this?.
You said you bought this years ago.
But your first post was made in august of last year. Your short posting history Seems inconsistent and broken.
Your first lleg post 8/2010 (gung ho)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53391509
you are buying more (GUNG HO)
03/2011
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60740889
It's all a scam 4/2011 (only one month later?)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62304689
It's all the longs fault? 5/2011 (HUH?)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62879878
No offense but your story just doesn't add up IMO.
It very unfortunate what's happening here. No volume, no news...no profits,no interest in this company's shares whatsoever.
Sell you lose, buy you lose.
Lose/lose proposition all around IMO.
zzzzzzz
Have a feeling that these prices won't last very long.
Looks like news possible in a few more days here?
I might a few more at these prices.
Yes it seems a bit strange. Maybe in time things will change.
"How's that for new book title?"
I prefer:
"a nimby's nightmare,a tale in 3 parts"
1. spence's nightmare
2. spence's rebirth
3. spence's salvation
ALL imho lol
TOOT TOOT lol
Amen brother.
I also haven't been able to dig anthing up for those 2 entities either in cali or delaware.
I thought there was some legal time sensitive requirement to post these type of transactions...maybe i was mistaken.
Maybe that's if only LLEG was a fully reporting entity?
HMM.. i certainly hope we hear something on time for a change lol.
I would love nothing better than to see folks here finally start to get rewarded for hanging in there for such a long haul.
Have a feeling that our light at the end of the tunnel is starting to get brighter IMO
Is it the boards unofficial concensus that we are expectinG some sort of news next tuesday?
TIA
irondesk29, I don't understand your post. Please clarify.
You think i'm wrong about what exactly?
I hold lleg shares just like everyone else here,The poster was asking about opinions.
I am always willing to learn new things from folks who have useful information to share.
Please advise.
TIA
IMHO I would tweak your list to say:
"It seems like, if anything, if there is a currency crisis and people have lower amounts of money to spend they will spend it on:
A. FOOD
B. AMMO GUNS
C. SURVIVAL SUPPLIES
People with stock in things like Apple will suffer more."
MY LLEG shares is just another means to and end.
literally.
IMHO, unless you stick to pure play gold,silver, maybe crude oil and wheat derivatives...everything will feel a negative effect.
If the dollar dies, not even mineral stock certs will be worth anything, except if you have physical ownership of metals.
LLEG would suffer..they like all other utilities, make money from selling electricity to the grid, which is then bought by paying customers...if no real currency exists..then it's lights out.
I am gambling with time. That LLEG will be profitable,and make enough of a return on investment in the near term, to enable me to unload some shares, and buy some physical.
A gamble ofcourse, since no one really knows when the shoe will drop.
For my original 0.0004 buy in..i'm willing to take the gamble.
just my 0.02
looks like they finally got their act together? lol
IMO you seem to have perfect timing to be buying at these LLEG levels, given all the pending news and recent acquisitions...
Good luck whatever you end up doing.
We came into lleg around the same time i think, i think we were also trading in goldspring at the time as well?
Agreed i should have just keep all my marbles here..best return in my portfolio so far..more to come..still have a handsome amount of shares left here from the triple zeros,thank god.
Welcome back.
I thought you bought 3 years ago? Good news expected here soon IMO.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29371909
These shares seem pretty worhtless now :(
Shoulda dumped when I had the chance.
PUMP AND DUMP victim.
We finally agree on something..huge plunge next IMO...ALL THIS EVER DOES IS GO DOWN...DOWN..DOWN :(
worthless.
Agreed..we are due for another huge plunge in PPS. nice call.
Worthless.
NEVER ENDING CHEAPIES...different day same junk.
Worthless :(
WELP...Looks like I got scammed here too. Lost lots of $$ bagholding.
I for one was too excited when she balloned over 300% in my acocunt within days..but didn't sell :(
In hindsight just seems like a run of the mill a pump and dump, imo.
triple zeros coming quickly here, when other people finally face the fact of the obvious.
We got duped, plain and simple boys IMO.
CHEAPIES ALMOST GONE..UPWARD TREND INCREASING...
BEAST!
THANKS FOR THESE CHEAPEES..LOAD UP...BOING!...BACK UP WE GO...
BEAST
TIGHT FLOAT...SO QUICK BOUNCE...WEAK HANDS FLUSHING OUT...
CAN'T KEEP THIS THING DOWN LONG...
NEW BUYERS COMING IN GOBBLING UP CHEAPIES...
BEAST
"on these massage boards"
SIGN ME UP..I NEED ONE!
GO WNWG!
BEAST
SETTING UP FOR ANOTHER RUN...CAN'T KEEP THIS BEAST DOWN...
BEAST
GOOD LUCK BRO!
MAY NEED TO TWEAK YOUR BID ON OPEN..LET SEE IF SHE GAPS MAJOR ON OPEN...YIKES!
BEAST
PREMARKET IS BUBBLING BOYS...SHE WILL BLOW ON OPEN...GET YOUR RAINCOATS,UNBRELLAS OUT..ABOUT TO RAIN DOWN $$$$$$$
MORE BEER PLEASE!
TODAY WILL BE EPIC...100 MILLION+ VOLUME IMO!
BEAST.