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Good Job Matt, When the plant is built I will come up and take you out for a steak dinner . . .promise
I just requested from my broker 1million shares of the original stock Certificate for my wall of stocks (Every stock I own is on my wall good or BAD) .... I will post a picture when i get it
How do you post pictures here?
I am still under the impression the permit will be filed end of August . . . I have heard nothing about FALL deadline
What about when 1million is sold . . . regurgitation
$1700 expendable money, if risking it in LLEG
now we are at 3.5million and back down to .0005
Nothing . . . 2.8volume is nothing . . . We will be at .0003 .0004 .0005 till September or News
Not sure if my message was deleted or I just forgot to hit POST.....busy at work
I think LLEG is performing this way because there is no FAITH in Michael B. Bartoszek. REMEMBER back in early 2008 we were supose to close on the Berlin land deal by August08.. as Michael Bartoszek said back in early Aug "We should be closed within 30days" . . . Well that deal did not happen till December.
it is wait and see . . . i think there will be a delay n this Permit and plenty of shares will be bought lower then .0005 . . . that is why I removed all of my buys
Good Luck longs.
One of my friends at work told a few people in our accounting department (after an event at Jones Beach last night) about LLEG and now it is running around work like wildfire . . .
JUST REMEMBER . . . . Buy at your own risk . . . .
RE: "Whatever is done well enough, is done quickly enough."
to me means: The Permit is coming along good and being done WELL ENOUGH but needs time . . . getting it right the first time over rushing for time . . . = DELAY
JMO
volume to low, just new investors nibbling on under 1mill shares thinking they will make millions by the next month . . JMO . .
Ants also do not have nagging wives or ex wives, they just have one Queen to deal with . . They will live for millions of years alright.
I posted it for you
All new investors
1) Make sure you place All Or None (AON) orders . . . . if you place an order for 1 million shares ($500) and do NOT place your order as AON you will be suckered into buying your 1million shares in 10K increments or worse 100 increments and build up you expences. How much do you pay per transation? (Not a real question, don't answer)
2) Do not Rush . . . We are waiting till the end of August before we hear any update to the Berlin Permit progress. Buy a little at a time and latter your buys between .0003 - .0005. . try not to pay above .0005 until the middle of August.
just like i said LLEG needs to make MONEY before Split (Or uplist)
keith3506, the stock WILL need to reverse slip at some time to get the price per share up to attract small cap mutual funds. This stock will NOT be worth 3BILLION (3billion(AS) X $1) anytime soon. . .
BUT the split will not be anytime soon, we need profits 1st
I am sure we will go through a split before then and your 120,000 shares will only be 12,000 or 1,200 when we hit $1
OT: UK firm to build 295 MW biomass plant
Posted July 15, 2009, at 8:31 a.m. CST
MGT Power Ltd. has received consent from the British government to proceed with the development of a 295 megawatt (MW) biomass electricity plant, Tees Renewable Energy. The plant will use 2.65 million tons of wood chips per year, which it will source from the Southeast U.S. and other locations.
The £500 million ($815 million) Tees Renewable Energy Plant, located at Teesport in northeast England and being developed by British company MGT Power has received consent from the British government under Section 36 of the Electricity Act.
With a capacity of 295 MW, the plant will generate enough electricity to meet the needs of approximately 600,000 homes and will be one of the largest biomass plants to be built in the world, and one of the largest of all renewable energy projects. The Tees Renewable Energy Plant will begin commercial operation in late 2012.
Chris Moore, director of MGT Power, said: “The Government’s consent is welcome news as we are at an advanced stage with the forestry establishment for fuel sourcing and power plant procurement. We can now appoint our banks, conclude the financing and reach agreement with our preferred technology bidders. We are moving towards an early construction start with a high degree of confidence.”
Article Continues After Advertisement6-24-09
He added: “Other similarly sized biomass plants are proposed in other parts of the country, but our Teesport project is currently two years ahead of the pack and likely to be one of the first to be operational. It comes at a time when replacement UK energy generation capacity is urgently needed. We will continue to work closely with the Redcar & Cleveland Council as well as PD Ports, the owners of Teesport, Renew Tees Valley and the local Trade Unions to complete the project. Their support and commitment to the project over the last two years has been invaluable. ”
The Tees Renewable Energy Plant will help to meet the UK’s environmental and renewable energy targets and add to the country’s growing need to diversify its power generation. It will create 600 jobs during the three-year construction period, 150 permanent jobs during the station’s lifetime, and once operating will contribute about £30 million ($49 million) per annum into the Northeast’s economy, supporting a further 300 to 400 jobs indirectly. It will save 1.2 million metric tons of carbon dioxide per year and will account for 5.5 percent of the UK’s renewable electricity target.
David Kidney MP, Parliamentary Under-Secretary at the UK Department of Energy & Climate Change said: “The Tees Renewable Energy Plant brings a range of economic and environmental benefits, not least creating new jobs at Teesport, and the use of clean technology will help reduce carbon emissions. Biomass generation, using sustainable sources, is starting to make a significant contribution to the UK’s energy market and will help us reach our renewable targets.”
The biomass feedstock for the Tees Renewable Energy Plant will be sourced from certified sustainable forestry projects developed by the MGT team and partners in North and South America and the Baltic States. These projects will provide clean burning woodchips, which deliver 95 percent greenhouse gas savings in comparison to coal or natural gas through the life cycle and will not use high-quality land suitable for food crops.
The plant will use around 2.4 million metric tons (2.65 million short tons) of woodchips per annum and will operate 24 hours a day, all year round at baseload. This means the Tees Renewable Energy Plant will produce the same amount of renewable electricity over a year as a 1,000 MW wind farm.
http://www.biomassmagazine.com/article.jsp?article_id=2870
Looks like PSNH wants to upgrade the power line NOW not later
PSNH says sorry, but sticks to plan
By ALEC O'MEARA
Union Leader Correspondent
Tuesday, Jul. 14, 2009
LONDONDERRY – PSNH will move forward with plans to install a new corridor of power lines through a north Londonderry neighborhood despite strong public resistance to the project, said spokesman Elizabeth LaRocca.
"We saw that there was a lot of opposition, and we listened to that and we took a step back, but we are ready to move forward again," LaRocca said. "We've got to be able to serve the load we are expecting, but we realize we aren't going to make everybody happy."
Last May, 10 abutters to a 45-year-old right-of way in the Springwood Hills neighborhood off Rockingham Road learned through a certified letter that PSNH was planning to activate the corridor and build power lines through the center of the development. The plan, LaRocca said, is to add substations to the utility's transfer station on Scobie Pond Road and build a new, 2.5-mile corridor from the substations to Rockingham Road. The new transfer lines would assist with the holding power load for the northern part of town, LaRocca said, transferring a portion of the burden to Mammoth Road and improving the capacity of the entire region.
The downside, LaRocca conceded, is the impact to Springwood Hills. Some of the properties in the development have built homes within the right-of-way, and a swath of 100 feet of foliage may be cut to make room for the power lines.
Views and properties will be impacted by the project, LaRocca said.
"The project at hand is needed for the infrastructure to meet peak demand for the system," LaRocca said. "That said, I understand why people are upset. Homes are the largest investment many of us make, and people are understandably frightened about this."
LaRocca said that if PSNH got the wetlands permits it needs for the project, construction would begin this fall with a targeted completion date in the summer of 2011.
Upset the long dormant right-of-way was activated, the 10 residents asked the town council in May to see whether there were any alternatives to the plan. Last night, LaRocca and project engineer Russel Johnson reported to the council that there were no other options on the table to build the needed corridor.
Council chairman Mike Brown noted no residents from the neighborhood attended the presentation and asked LaRocca what sort of communication was currently going on between her and the homeowners. LaRocca said PSNH was looking to avoid a large meeting with all the homeowners at once, but planned to meet with each affected home and find individual solutions for each home.
LaRocca noted that the homeowners had been contacted before the town through the certified letters but wondered aloud whether that should have been the first contact PSNH had with the neighborhood.
"I have to tell you, I've seen worse situations, and I think the town and the developers did a good job when this went through," she said.
"Yes, it is going to change people's views, going to eliminate some people's trees. I've seen a lot worse, though, and I assure you, you have our commitment that we will work to solve their problems and address them as best as we can while meeting our needs."
Brown thanked LaRocca for the update and urged PSNH to maintain strong communication with the affected households.
"I think you've handled it exactly the right way," Brown said, referring to the choice of notifying the homeowners by letter before coming before the town.
Springwood Hills neighborhood spokesman Bruce Connell, the leader of the opposition to the project, did not respond to a request for comment on the PSNH development. Connell has said previously he expects to lose as much as 20 percent of the value of his home because of the power lines, but does not question PSNH's right to install the corridor, which predates all homes in the area by 22 years.
http://www.unionleader.com/article.aspx?headline=PSNH+says+sorry%2C+but+sticks+to+plan&articleId=4264ed41-e5b1-496e-9796-22d74450d183
I backed off on all my buys . . . I want news before I buy anymore . . There is no rush
Plus I think there will be a delay and that will cause another round of panic selling into September.
I have to ask what does LLLL mean?
I have my final 2 orders in: TWO (2) 3million shares (AON) at .0003 - all in due time.
Shares Owned - Shares outstanding - % owned
57,430,000 - 3,000,000,000 - 1.914%
57,430,000 - 2,227,347,359 - 2.578%
The current number of issued shares is 2,227,347,359 (from an e-mail I received from the transfer agent TODAY 7/7/09)
PLEASE UPDATE THE IBOX
There was a poster a few months ago who came up with some math that seemed to look good and he came up with 15 cents (See Matt no "." Period in my cents this time - I am learning)
YUP - SELL me your shares
You have to be kidding me. . . You spent $18 for 45,000 at .0004 or did you mean to say you bought 450,000 and spent $180. . .
Save your money and buy mid August, we will be here at the .0004 and .0003 all summer, NO RUSH . .
Either way it is nothing to the outstanding share count. Lets see if you hold your shares past .001 or you flip them.
I feel sorry for the weak hands that sold out . . . But I think we will go back to .0003. When August comes and we do not hear news or we are delayed a little we will drop again as weak hands give up . . . do not buy here at .0005
Keith3506, make sure you are Legally separated and buying with individual money from your individual account. Just make sure money is not coming from a JOINT account otherwise it does not matter she owns HALF, even after the divorce
. . . I am not a lawyer so do not trust me
There is no SEC in pinkyland to keep CEO's honest. Michael Bartoszek could be feeding us all a load of CRAP. that is just the chances we take here.
But if he is telling the truth we all know the kind of rewards we will gain. Matt will have his student loads paid off and I will have my Ferrari. Hope Berlin residents see my Ferrari driving down main street soon . . . Maybe I will buy a summer home from John Edwards . . on the river of course
Then SELL,
Just waiting, us longs know its a waiting game, no reason to post useless crap
Listen all of you, I have been here for a LOOONG time and I have to say I have been disappointed as well. Last year in July'08 we were promised we would close on the Berlin boiler within 30 days. Well it did not happen till December'08. The moral of this little story is that you can not put a time frame on Michael Bartoszek and Laidlaw Energy. He is also new at all this and we all must have faith that he is doing what he can to get Laidlaw Energy Group on the investment map.
LIKE I ALWAYS SAY DO NOT INVEST MORE THEN WHAT YOU CAN LOOSE. LLEG MIGHT NOT HAPPEN AND YOU MIGHT LOOSE ALL YOUR LLEG BUCKS.
John
Not sure,
I want to know what charities? "$260,000 to local charities."
http://www.unionleader.com/article.aspx?headline=Casino+floated+as+way+to+boost+NH+and+Berlin&articleId=024353e0-e466-4f3a-8ad9-287905295c7f
once LLEG gets running there will be money to spend at the casino I think, and maybe others are thinking the same way. If the people of Berlin started buying LLEG (I think they are) they all could have a lot of money for the casino
rkom . . RE: "discreet if they do RS now it means we will fall to this levels again, meanning we will lost most of our investment"
I agree, a RS now without construction started will cause a further drop in the PPS. Just My Opinion
HI Thy_Skisus, I am glad you are asking questions it is the best way to learn.
Cramer would not touch or talk about LLEG. There are no profits, plus we are still trading on the OTC (Over the counter) not the big boards (S&P 500, Dow, Nasdaq)
An OTC is a place that anone can create a company. You can even create a THY Skisus company that claims to be in BioMass and will generate the first wood burning power plant to rule the world. . . .LOL, but true. These are also called boiler room companies. Be very carful when investing in OTC stocks. There is no SEC (Security and Exchange) to monitor the legitamacy of anything coming out of the PR (Press Releases)
With a forward or reverse split you do not need to do anything for a 10:1 or a 1:10 split. You get ten times the number of shares at a reduced price or you get ten times FEWER shares at a more higher share price. You do not owe anyone anything. You bought the stock and you own a piece of the company.
Take the number of shares you own and divide by 3billion. This is the current LLEG authorized share count. This will give you the percentage of the company you own. Example if you own 3million shares and the authorized share count is 3billion you currently own .1% of the company. That will never change even if we split revers split 100 times. you will still own .1%. This is why splits are useless to shareholders. Now a SECONDARY OFFERING will kill shareholder value and will change everything.
GOOG is more expensive but not because of the share price. GOOG is trading at a higher multiple because it has a greater growth rate then Cisco. And people are willing to pay more for it because of the growth potential.
Look at LLEG; we have TREMENDOUS growth potential from ZERO to billions in just a few more years. You are willing to pay heavy premiums for that growth. We have no profits, and nothing to stand on at this time. This stock should be worthless if it wasn't for the paper agreements and investors like YOU and I who believe and want to make MONEY MONEY MONEY. YES I did say YEARS, this stock will take another 1 - 2 years
One more thing: Look at the moves GOOG makes per share +/- $5 per share compared to CSCO moves of +/- 20 cents. It is all the same percentages. Think in percentages and not share price.
I use to think the same way you do. Read Crammer's book MAD MONEY it was make you think correctly when it comes to stocks.
I might have gone off the deep end and I am sorry for that.
Thy-Skisus
Simple question for you?
That is the percent difference from a stock going from $5 to $10 compared to $20 stock going to $40. NOTHING it is still a 100% increase
The change is in the stock reporting. If a stock has 1 million shares authorized at $10 and reports a profit of $1 per share that equals to profits of $1,000,000.
the company has a P/E (Price/Earnings) of 10 ($10/$1)
if they split and now they will have 2 million shares authorized at $5 per share and reports a profit of 50 cents per share that equals to profits of $1,000,000
the company has a P/E (Price/Earnings) of 10 ($5/.50)
NO DIFFENENCE. a split is only designed to attract new investors who think the share price indicates if the stock is expensive.
Please answer me this question. Do you think Google Inc. (GOOG) at $430 is more or less expensive then Cisco Systems, Inc.(CSCO)at $20 ?
A RS (Reverse Split) is bad for the company for a few reasons.
1) It will cost MONEY to do a RS, and right now the money is being used to pay the Lawyers, Engineers, and other staff to get the permit done.
2) LLEG does not have any profits (Revenue): right now we are sitting at a price of .0005. - .0001 is the lowest we can go (only 4 more ticks). If we do a RS or 1:100 the price will be .05 and there is plenty of room to go back down to .0001 killing the shareholder.
3) Any split is useless to the shareholder: if you have 1 share at $10 or you have 2 shares at $5 what do you have? The same amount of money. The only reason to split a stock is to get more people to buy. Look at GOOG now at $430 per share. Uninformed investors will think $430 is expensive, WHY buy 1 share at $430 but they think buying 10 shares at $43 is a better bargain. . . investing 101
4) RS on the positive side: Once LLEG has there plant in construction and the certainty that the plant is being built. We can do a RS because right now a lot of small cap mutual funds can not invest in sub penny stocks, so a RS will bring LLEG up above the sub penny mark and place us on their radar and we will get more investor support.