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someone paid $132 to paint the ticker to look like an uptrend. Tomorrow is end of month
you are forgetting the 5th:
LLEG skyrockets up and I make millions and BUY the plant from Mike and NewCo. :)
some selling preasure
Doing a 2nd offering to increase the A/S is very bad for the current holders of the stock but it wll allow investors like myself a good entry point.
I can see ETLN business plan and I like their product. Unfortunately this company still has a few years to mature.
They should down list to the pinkies. I am sure that will save a few bucks while they get there ducks in a row. But that will kill investor confidence.
Choose your poison
JMO . But I think you will have a selloff at the end of the month.
Good luck, i will be waiting to pick this one up 6feet under.....LOL
just placed a bid for 1million at .004
I cnt upload any images. ihub is mad at me for placing the stock cert as my signature and posting on other boards. They stripped all of my access to images.
That Sucks
I will send it to Matt
Did anyone else get a letter mailed home from Michael Bartoszek and LLEG about board of directors and other good news, issues from the Transfer Agent?
a company needs revenues before a reverse split. If we sold Berlin BioPower than we have no future revenue stream. A RS would KILL this stock. Once we get solid and consistent revenues and Mike knows how to UPOD then we are in good shape.
UPOD is the key to great stock prices
I just called the TA and asked if we get uplisted to the OCT:BB Does not change anything regards to the shares you own?
They said NO change.
That is good for me since I have 1 million in Paper certs.
Just wanted to let you know.
Jon... you kidding me monopoly, Is that what their argument is? Sounds like a bunch of companies who can not contain cost bitching that LLEG is about to step on their feet a little.
BOOHOO
PS now that 240 more jobs are lost with the closing of that factory i guess that is good for real estate prices RIGHT?
No sellers no buyers, thin spread will cause this
OUCH ! ! ! I was wrong, .00TEENS are not the number here. I think 000 will be soon.
I broke down and bought 100 shares of MCP at 33.24. Still have my triggers set to buy more on a dip.
That MCP is running away on me ;(
placed my bid at .0035 and it was filled. Thank you
Selling a little of my other stock today to buy this one in a few days
it is cheaper to creamate, and in this economy cheaper is better
There is no bid support. If you want it to go up BUY at the ASK
My 1st buys will start at .0018 . . .
I worked as an engineer in an electronics company in Hauppauge NY. Every year we had our big CES (Consumer Electronics Show). Our sales guys who were the product developers would get samples, some just plastic molds and slap our LOGO on it and showed it. We did not intend on selling this model but it was there on display.
So to ask WHY show something that is not the real deal when designs will change?
There are 2 answers.
1) To show the local buyers that we are a serious player with all of our concepts and PROMO designs.
2) and the most important one of all. FEEDBACK. Get the Promo out there and get the opinions from the people who buy your product. They might not like the silver handles and instead the gun metal is more appealing to buyers.
GET THE PRODUCT OUT THERE, Promo or not, just overload the show with examples.
If management from EI was not at the show and they allow the manufacturers to portray the product any way they wanted, than management is not involved enough.
I would want to make sure the placement of my product was correct and appealing.
Did EI at least see the manufacturers a booth layout before the show?
in my other stock whenevery you saw AUTO on the L2 it meant dilution of shares.
Once AUTO moved off the BID and ASK it moved up quickly.
dont forget all the debt coming due in DECEMBER. OUCH ! ! !
I will be buying this one CHEAP come DECEMBER when the company issues A LOT more shares to pay the debt off.
ETNL is getting more atractive by the day. If news does not come out soon, see you at .00TEENS
I hope to buy some soon
Anything new happening here?
get your paint ready and paint the ticker
You can not look at L2 pre or post market, it is useless
What indicators do you guys use to buy and sell? does not need to be just for lleg
you mean CDO - I hate it when the letters are not in alphabetical order - AHHHH
Im sorry what were we talking about again.... :)
I just hope we get a good outcome in December in MASS
it would be hard to TAKE the college? them buildings are heavy
Massachusetts proposed RPS stymies biomass
By Lisa Gibson
Posted September 20, 2010, at 11:37 a.m. CST
If drafted renewable portfolio standard (RPS) regulations pass in Massachusetts, biomass power plants will be required to achieve between 40 and 70 percent efficiency and 50 percent greenhouse gas (GHG) reduction relative to life-cycle emissions from a combined-cycle natural gas facility using the most efficient technology. Not only would those standards be nearly impossible to meet without substantial investments, but it would thwart development of new plants, costing hundreds of jobs in an already struggling economy.
The Massachusetts Department of Energy Resources released draft regulations for RPS qualification Sept. 17, drawing from the results of the Manomet Center for Conservation Sciences’ Biomass Sustainability and Carbon Policy Study, along with public input.
The study results showed a debt-then-dividend model in which woody biomass power initially emits more carbon per unit of energy than fossil fuels and makes it up over time. But it has been controversial in numerous aspects, perhaps most notably its evaluation of whole tree feedstock, which no biomass power plants utilize. It does take slash and forest residue into account, but only alongside whole logs. That greatly affects the carbon footprint, according to Bob Cleaves, president and CEO of the Biomass Power Association. “So essentially, the patient has been given a prescription for an ailment that doesn’t exist,” Cleaves said in a media call Sept. 20. The regulations will determine which projects will receive renewable energy certificates, therefore determining economic feasibility.
The draft regulations also include an encompassing definition of biomass, further limiting all biomass harvests to just 15 percent of the weight of all forest products. That greatly increases forest fire hazards as well as takes away a key market for forest owners, according to Kent Lage, executive director of the Massachusetts Wood Producers Association, who also participated in the call. The limitation should be based on a site-specific evaluation, not a one-size-fits-all standard, he added. “We’ve got some major concerns about that.”
Pioneer Renewable Energy is developing a $250 million, 46-megawatt biomass power plant in Greenfield, Mass., that would pay more in local property taxes than the top 10 taxpayers combined, according to Principal Matt Wolfe. He argued the rules will most certainly stop development in all of New England, specifically the efficiency standard. “In our opinion, it’s completely arbitrary and not scientific,” he said.
Richard Rosen, of American Ag Energy, said he has proposed projects that would allow greenhouses to use heat from biomass power plants, but the proposed regulations would stomp them out. “We have four projects under development now in New England and none of them will be built under these rules,” he said.
Wayne Lehman of Laborers Local Union 596 echoed the same sentiment, focusing on job loss. “Our guys need jobs,” he said. “We have no jobs right now. I have guys who are having trouble putting food on their families’ tables.” When jobs in the biomass sector have arisen recently, they have been shot down just as quickly, he added.
The proposed rule also mandates cutting plans, fuel certificates, tonnage reports and forester certifications. In addition, Forest Impact Assessments must be conducted by the DOER every five years. Generation units using eligible woody biomass fuel or manufactured biomass fuel would also have to produce a quarterly report addressing biomass input heat content, useful thermal energy, merchantable bioproducts, renewable generation and overall efficiency. A comment period on the proposed rules is open until Oct. 21 and final rules should be released by the end of the year.
No state has proposed, let alone implemented such strict efficiency standards and Cleaves maintains they are unachievable and would “chill” any project in the commonwealth of Massachusetts, where biomass currently makes up 50 percent of the renewable portfolio. He said the rules attempt to increase efficiency of a project that doesn’t exist—one that uses whole trees. “We are confident that no new facilities will be based in New England under these rules,” he said.
http://www.biomassmagazine.com/article.jsp?article_id=4099
......the program sunsets at the end of this year and in order for projects to qualify they must have begun construction before the end of 2010. It’s the “beginning construction” requirement that is causing all the confusion.
“Nobody has ever dealt with this beginning construction requirement before,” Jenner said. “You either have to place your facility in service by the end of 2010 or you have to begin construction by then.”
Jenner points out that there are two ways to meet the beginning construction requirement and benefit from the program. “One of them requires that you pay or incur more than 5 percent of the total project costs,” he said. “When you think pay or incur, most laymen or nontax people think, ‘Oh well, if I just pay it that’s enough,’ but it isn’t. Pay or incur has a very specific meaning in the tax world and it’s gotten a lot of people in trouble when they think the rule goes one way and it goes another.”
The Treasury Department has also deemed that physical activity (MOVE IN THE BULLDOZER) that occurs before the end of the year can meet the beginning construction test but the activity must be continuous. That means that a developer can’t go out on New Year’s Eve and start digging around and then cease activity for a year, he said. “On the other hand, it doesn’t have to be the developer itself that begins construction,” he added. “Beginning construction can be met by work off-site, and so there are different ways that you can meet that requirement as well.”
Developers should also take a closer look at any contracts they’ve entered into to build renewable energy facilities. “Quite frankly, if they have contracts in place they may very well not be up to snuff,” Jenner said. “There are certain requirements that have to be met for the contract itself to qualify. And if they don’t meet that requirement they could be in trouble.”
Jenner will be joined on the panel by Hamang Patel, an attorney with Michael Best & Friedrich. His presentation, Biomass New Market Tax Credit Financing, will focus on how biomass project developers can take advantage of the new market tax credit program, which directs money to businesses located in low-income census districts.
http://www.biomassmagazine.com/article.jsp?article_id=4091
Biomass conference will address project finance options
By Rona Johnson
Posted September 13, 2010, at 8:56 a.m.
The U.S. Department of Treasury’s Section 1603 grant program has been a popular funding mechanism for biomass project developers, but it’s also caused a lot of confusion.
Gregory Jenner, an attorney with Stoel Rives LLP, will clear up that confusion during his presentation, Planning for Section 1603 in 2010 and Beyond, at the Southeast Biomass Conference & Trade show that will be held Nov. 2-4 in Atlanta.
“There are a lot of deals that are getting done based on 1603,” Jenner said. “It really has been a game changer. In fact, I think it has kept the renewable energy industry alive for these past two years.”
The U.S. Department of Treasury’s Section 1603 grant program was offered to renewable energy project developers in lieu of the Investment Tax Credit. The program gives developers the ability to offset project costs through a 30 percent (depending on the type of energy project) grant, and is expected to provide about $3 billion for the development of renewable energy projects around the country.
“Actually this came about as a result of the Stimulus Bill and it basically is cash in lieu of tax credits,” Jenner said. “So for the first time, you don’t have to go through all of the various structuring in order bring investors in to take advantage of the tax credits, this is just cash on the line.”
The problem is that the program sunsets at the end of this year and in order for projects to qualify they must have begun construction before the end of 2010. It’s the “beginning construction” requirement that is causing all the confusion.
“Nobody has ever dealt with this beginning construction requirement before,” Jenner said. “You either have to place your facility in service by the end of 2010 or you have to begin construction by then.”
Jenner points out that there are two ways to meet the beginning construction requirement and benefit from the program. “One of them requires that you pay or incur more than 5 percent of the total project costs,” he said. “When you think pay or incur, most laymen or nontax people think, ‘Oh well, if I just pay it that’s enough,’ but it isn’t. Pay or incur has a very specific meaning in the tax world and it’s gotten a lot of people in trouble when they think the rule goes one way and it goes another.”
The Treasury Department has also deemed that physical activity (MOVE IN THE BULLDOZER) that occurs before the end of the year can meet the beginning construction test but the activity must be continuous. That means that a developer can’t go out on New Year’s Eve and start digging around and then cease activity for a year, he said. “On the other hand, it doesn’t have to be the developer itself that begins construction,” he added. “Beginning construction can be met by work off-site, and so there are different ways that you can meet that requirement as well.”
Developers should also take a closer look at any contracts they’ve entered into to build renewable energy facilities. “Quite frankly, if they have contracts in place they may very well not be up to snuff,” Jenner said. “There are certain requirements that have to be met for the contract itself to qualify. And if they don’t meet that requirement they could be in trouble.”
Jenner will be joined on the panel by Hamang Patel, an attorney with Michael Best & Friedrich. His presentation, Biomass New Market Tax Credit Financing, will focus on how biomass project developers can take advantage of the new market tax credit program, which directs money to businesses located in low-income census districts.
http://www.biomassmagazine.com/article.jsp?article_id=4091
Just need to roll a bulldozer on the land and it is an active construction site
Algae BioDIesel would be a nice next project.
Level 2 for pinkies does not work on My TD
Do you guys use the Strategy Desk tool from TD . . . I have been playing with it and I love IT