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The Forest Service continued its commitment to furthering biomass utilization through awarding 17 grant proposals for forest product projects that increase the use of woody biomass from National Forest system lands.
http://www.forestsandrangelands.gov/reports/documents/healthyforests/2008/healthy_forests_report_fy2008.pdf
We need to have faith in our fearless leaders.
Matthew
Permit will be filed mid to end AUGUST not before
GOOD NEWS
Shaheen amendment to give New Hampshire biomass industry a boost
U.S. Senator Jeanne Shaheen has successfully strengthened energy legislation with an amendment that would boost New Hampshire's biomass industry, increase biomass efficiency and help create jobs. Shaheen's amendment unanimously passed the U.S. Senate Committee on Energy and Natural Resources and will be part of the 2009 Energy Bill, scheduled to come before the full Senate later this year.
"New Hampshire is the second most forested state in the nation, and this legislation would give a boost to our existing biomass companies and help renewable energy entrepreneurs build new plants," said Shaheen. "New Hampshire's timber resources are an incredible resource, and by ensuring that we use them as efficiently as possible, we will accelerate our movement toward energy independence, cut down on waste, and create good jobs making biomass plants more efficient. This legislation does exactly that."
Congressional Research Service estimates that current biomass plants operate at only 21% efficiency, meaning that fully 79% of biomass energy potential is lost through escaped heat. Some New Hampshire biomass plants such as Concord Steam in Concord have greatly increased their efficiency by using that energy to heat local businesses. Shaheen's legislation seeks to reward highly efficient biomass plants like Concord Steam and encourages inefficient plants to create jobs by upgrading their efficiency, and provides incentives for new plants to be more efficient.
"As we move toward energy independence, we need to ensure we're using our resources wisely and efficiently," said Steve Walker, president of New England Wood Pellet in Jaffrey, NH. "Senator Shaheen's amendment supports renewable biomass fuel companies like New England Wood Pellet and rewards efficient biomass energy producers."
The Shaheen amendment would give more energy credits to highly efficient biomass plants as part of the Energy Bill's proposed renewable energy standard, under which energy producers must either meet a 15% renewable standard themselves or buy Renewable Energy Credits (RECs) from renewable energy producers to satisfy the requirement. Under the Energy Bill, New Hampshire's biomass energy plants would receive RECs for the energy they produce and would be able to sell RECs to utilities and other energy producers.
SOURCE: Senator Jeanne Shaheen
but it still made 2nd page in the Berlin Daily Sun. it is a good thing it is not in Berlin, then we would say if you want the stack to come down and not stick up so high they should put on there tops on . . .LMAO
OK to delete this
WHO CARES ABOUT Laidlaw when a fire destroyed a topless
coffee shop early Wednesday (page 2 of the Berlin Daily Sun). . . . . I am LMAO
The 225,000 was for a friend of mine. I did pick up 1 mil in my account yesterday. My current Bids are at .0004 (6 mil) and .0003 (10 mil). I will not raise these, I am sitting on enough shares that make me sleep at night.
new BLOG: see the NEW Berlin Vision:
http://laidlawenergy.blogspot.com/2009/06/our-vision-for-future-of-berlin-nh.html
Just got it (225,000) filled at .0005, even though it was set to buy at .0006 . . . . things that make you say HMMMMM
Plus I picked up 1 mil at .0005
Not sure but it is interesting. would you be willing to try 225,000 all or non at .0006 to match?
06/03/2009 Buy 225,000/AON LLEG Limit GT 60 0.0006
updated...or 1 share at $150, why didn't I think of that
SO no one is buying or selling
I don't want multiple orders. I will wait, It is a small amount of shares and should be sold soon.
I cant get a 225,000 order filled at .0006 AON for someone . . interesting.
I do not think it would work that way.
the investor with $5million to invest will get a special PREFERRED stock of LLEG, trading under a ticker like LLEGP with an agreement that when the preferred shares are closed out the holder of the perferred will get about 6 LLEG shares for every 1 preferred stock.
That might kill the STOCK when the preferred is called, but that will happen when we are in the dollars and not the pennies.
just remember Michael Bartoszek has 10million shares of preferred stock from his initial investment. we do not know how many LLEG shares per 1 share of preferred he will get. maybe we should ask?
E-Trade - does anyone use E-Trade to buy LLEG? What is the fee for buying over 300K shares?
lotto, feel free to pump LLEG on other boards to get more investors, we can use the publicity.
Lotto
Authorized Shares ………………………… 3 billion
Outstanding Shares - -2,000,855,000 as of March
- - - - - - - - - - - 2,082,347,359 as of April 8 & 15
- - - - - - - - - - - 2,227,347,359 as of May 14
So you can see from the above that the 3billion Authorized shares and being released into the public to pay current day to day operational expense (Lawyers, researchers, engineers . . .etc)
the 3 billion was Authorized when the company decided to go public years ago. They placed 50% of the stock into there treasury now they are drawing upon it as needed. As you can see above from March 09 to May 09 over 226,000,000 shares have been released to the public. this is why there is no reason paying up for the stock it will bet at .0005 and below for awhile.
the problem is when the outstanding shares reach the 3billion mark. then LLEG will be out of shares to offer to the public for covering there expenses and they will need to authorize another 1 - 2 - 3 billion more shares on top of the current 3billion.
So it is important to keep track of the dilution but no reason to panic till we get closer tio the 3billion mark.
Does that answer the question? anymore?
By the way: Digi usually calls the transfer agent to find out the new outstanding shares on Wednesday. GOOD JOB DIGI
Thanks Digi
I have a lot of shares now, but I want my 4's and 3's filled just for fun and profit. . . good luck all LLEG longs, but we still have over 1 -2 months before a PR. many longs will get frustrated and dump there shares because they are thinking about a quick buck. . . JMO
over 15mil volume and no uptick, I see 4's and 3's in our future
non of my orders filled
Chill, in good time, just buy at these levels if you believe.
WOODY BIOMASS FEEDSTOCK: PROVIDING A RELIABLE, PREDICTABLE SUPPLY
Forest lands make up about one-third of the nation’s total land area. They are capable of supplying about 368 million dry tons of biomass feedstock annually. Of this total, only 38 percent is currently being used. There is potential to expand feedstock supplies from currently unexploited biomass and from growth in supplies. Forest-based biomass feedstock could be nearly doubled by utilizing removals and residues that are currently unexploited. In addition, growth in forest resources utilization could provide nearly a quarter of the potential feedstock supply. The components of an expanded future feedstock supply do not mirror those of today. Currently, nearly 70 percent of existing biomass feedstock comes from within the forest products industries. Fuelwood accounts for nearly a quarter of current use with urban wood residue making up the remainder. In contrast to these percentages, the largest component, 44 percent of unexploited feedstock, comes from fuel treatments. The other major components are logging residue, 23 percent, and urban wood residue, 20 percent. Other removals and forest products residues make up the remainder. The amount of harvested wood in the U.S. is less than the annual forest growth and considerably less than the total forest industry, suggesting scope for significant growth in feedstock supplies. Forty three percent of this growth potential is concentrated in the forest products industries. Logging residue and other removals account for just over a quarter of the growth potential. Fuelwood and urban wood waste make up the remainder. While forest resources have the potential to sustainably contribute significantly more to the nation’s biomass feedstock, much will depend on their extraction cost.
1 The information in this note comes from: Perlack, Robert D., Lynn L. Wright, Anthony F. Turhollow, Robin L. Graham, Bryce J. Stokes, and Donald C. Erbach. 2005. Biomass as feedstock for a bioenergy and bioproducts industry: the technical feasibility of a billion-ton annual supply. A joint study sponsored by U.S. Department of Energy and U.S. Department of Agriculture. April. Available electronically at: http://www.osti.gov/bridge
http://www.forestsandrangelands.gov/Woody_Biomass/supply/documents/woody_biomass_feedstock_note.pdf
OK Smart A$$ who is running?
Does anyone know who is running for mayor of Berlin in the upcoming elections?
I think we will get the .0004 and .0003 filled next month. Place your BIDS. lets hope the permitting precess has some good news in August.
Stop with the stupid 15,000 buys. stop spending $7.5
Holding 57mil
BID 6mil at .0004
BID 10mil at .0003
NO FILLS
Building a Strong Middle Class through a Green Economy
Next week on May 26th the Middle Class Task Force will hold its fourth official meeting entitled "Building a Strong Middle Class through a Green Economy." The town hall style meeting will be held at the Denver Museum of Nature and Science where the President signed the Recovery Act and kicked off a new wave of green jobs across the country.
The first meeting of the Task Force was also on this topic -- held in Philadelphia it explored the vision and possibilities of green jobs. This meeting will start looking at how those possibilities are becoming reality, and how the full potential of that vision be reached. The impressive roster of attendees will include Vice President Biden (Chair of Task Force), Labor Secretary Hilda Solis, HUD Secretary Shaun Donovan, Secretary of Agriculture Tom Vilsack, Deputy Secretary of Energy Daniel Poneman, US Trade Representative Ron Kirk, and Van Jones, Special Advisor for Green Jobs, Enterprise and Innovation at the White House Council on Environmental Quality.
The Labor Department also officially announced plans to release $500 million from the Recovery Act for grants to prepare workers for careers in the energy efficiency and renewable energy sectors.
http://www.whitehouse.gov/blog/Building-a-Strong-Middle-Class-through-a-Green-Economy/
We all want GREEN jobs including Berlin. Someone should be writing to Deputy Secretary of Energy Daniel Poneman and explain the project in Berlin.
I was in the same agreement last year Aug/Sept and I was very pissed off when we kept putting back the mill purchase. (I am sure you could remember my posts, i thought I was going to get banded from here, remember "we will be closed within 30days") Well we eventually did it in Dec.
I feel this permit process will also DRAGGGGG on and we will see deadlines pass. BUT, just remember from last year, IT DID HAPPEN in the end.
So, if you have a good feeling that eventually the permit will get filed then just relax and accumulate some CHEAP shares. You will look back and kick yourself for not taking out a second mortgage and loading up at these low prices. BUT,If you do NOT think we will get the permit done, then these shares are very expensive and do not buy.
DO NOT BUY WHAT YOU CAN NOT AFFORD LOOSING. If you can not sleep at night take some off the table. (I do not want to be accused of giving investment advise AGAIN)
US Department of Interior invests millions in woody biomass projects
By Anna Austin
Posted May 27, 2009, at 10:04 a.m. CST
The U.S. Department of Interior recently announced it will invest $15 million under the American Recovery and Reinvestment Act of 2009 to fund 55 projects in 12 states that will reduce hazardous fuels on federal land, in order to protect at-risk communities from wild land fires, support local economies and rehabilitate ecosystems damaged by wildfires.
The final selection criteria ensured project planning and environmental compliance work was complete or substantially complete and that projects have the potential to provide additional economic benefits to support local or regional employment through post-treatment use of biomass in wood products or power generation.
California received the most funding at $3.3 million, followed by Montana with $2 million and Arizona at $1.3 million.
OT: biomass plant would use trees killed by pine beetles
A proposed biomass power plant near Hanceville, British Columbia, Canada, will run on trees killed by mountain pine beetles, if the plan is selected as a project for Phase II of BC Hydro’s Bioenergy Call for Power.
Plans for the $260 million 60-megawatt plant in the Cariboo Chilcotin were developed through a partnership between Western Biomass Power Corp. and Tsilhqot’in National Government. It is one of many proposals vying for a place in the Bioenergy Call for Power, a program to provide British Columbia with clean energy and diversify rural economies. Phase II includes a two-stream process, the first targeting larger-scale biomass projects and the second focusing on smaller-scale, community-level biomass energy solutions, according to BC Hydro. Phase I, conducted in 2008, included projects that were immediately viable and resulted in four electricity purchase agreements that were filed with the British Columbia Utilities Commission in February. The program will help the province reach its goal of becoming electrically self-sufficient by 2016.
The region has experienced a mountain pine beetle epidemic and local businessmen responded by establishing Western Biomass to utilize the dead wood. Piles of dead wood left behind by forest licensees are burned under current practices, releasing particulates into the air.“There are literally mountains of these trees,”[\b] said Jeff Paquin, manager of business development for the company. “We’re addressing that by using waste wood to create energy. The objective from day one was to do something useful with this otherwise useless wood.” The company was turned over to Run of River Power Inc. in August 2007.
Costs of building the plant and annual operation (estimated at about $55 million) may be less than expected, as service provider costs are coming down, Paquin said. The facility would create about 167 full-time jobs and another 89 permanent jobs in areas including harvesting, transportation and planning, he said. The plant will work with local traditional saw log licensees to procure the biomass, thereby improving the economics of the industry. “It’s important that we work together with existing industries,” he said.
Paquin said the project has several environmental, social and economic benefits. It’s an opportunity to create employment in an area that has a high unemployment rate and attracts capital to the area. It also would help drive pride, leadership and self-determination in young First Nations people as the region strives for independence from government funding and toward self-sufficiency. Environmentally, the project helps clear the dead trees that would otherwise cause problems with soil erosion, habitat and the growth of other plants such as mushrooms.
Proposals for both streams of the Bioenergy Call for Power, which must meet certain standards, are to be turned into BC Hydro by the fall of this year. The company says it will make its selections early next year. The goal of the larger-scale projects is to acquire 1,000 gigawatt hours of energy, according to the company. It also will choose at least two community-based projects.
The project proposal has plenty of support from groups such as the Cariboo Regional District, the Williams Lake & District Chamber of Commerce, First Nations people and most recently, a verbal approval from the Hanceville City Council. The council will meet again next week and Paquin hopes for documented approval. “We have support from all levels,” he said. “It just strengthens our position with the other competitors.”
An in-depth study showed the current supply of roadside residual and dead trees will last for 25 years, after which time Western Biomass will harvest its own crop of trees, to be planted in about seven years, Paquin said.
Biomass Magazine
VDB: I can tell from you posting you are very inexperienced in trading and investing.
RE: "The Ellicottville project" not all projects work out, so you move on and dont just sit there crying about it, you find another project.
The current money being released into the market was already authorized a long time ago ( 3 billion ), it is just being released, so there is no new money being printed. It is just authorized money getting released from storage for the purpose of corporate growth.
wms75: The dilution is used to pay for all the required personnel it takes to get the permit submitted. lawyers, Engineers, survey people, environmental studies . . . etc. LLEG does not have any revenues so it has to come from us at this time. The only time I will worry about dilution is when we get closer to the 3billion mark. Then I will worry about a secondary offer.
I wish we were higher too and it is very frustrating, but try and buy a little here and lower your cost bases
If you are looking at your % of the company you own you should be looking at the full diluted value of 3 billion to get your percentage.
57,225,000 / 3,000,000,000 = 1.90%
Michael Bartoszek: Thank you for the update, I understand about timelines, I learned my lesson from last year.
Thank you again.
Discreet_Suffolk said...
Hi mike,
Glad to see you are keeping touch with your blog.
Can you provide us with any update to the Permit process?
also, have you heard that the city of Berlin was thinking about hired Jonathon Peress as a lawyer to represent the city.
Thanks in advance
Discreet_suffolk
May 21, 2009 10:50 AM
Michael Bartoszek said...
I have tried to avoid giving timelines on the permit because invariably with something of that magnitude things will probably slip a bit.
I can tell you that we have a significant number of people working on it on a daily basis - engineers, environmental consultants, attorneys and our own personnel. We have a weekly meeting to review the timeline and discuss open issues.
Based on our current timeline, we should file by mid-August, but as I said, this is not cast in stone.
Regarding your other comment, I think it is a good idea that the city hired Mr. Peress. We have encouraged the city to intervene in the process and it is good that they hired someone who knows what he is doing. He used to work at the McLane law firm that is representing us and I am told he is a good man for the job.
Matt,
Since you seem to be the only one who can contact him and get a response, have him give us an update on the permit process.
Plus have him get that meeting with the Mayor, and John Edwards
John: Please try not making the meeting on the weekend of the 21st or the 27th of June, I am going away
King: John Edwards in not issuing useless crap. he is just looking at the anti rosy glass view.
I think this Jonathon Peress could be a good thing for LLEG. Jonathon Peress is not against energy and alt energy he just wants to make sure LLEG is clean. If this makes the Mayor and the council a little happy to know that LLEG will keep there city clean then maybe the plant will open with a little more open arms.
Plus he went to school here on Long Island.
I would be careful of the city lawyers that want to piggy back onto Jonathon Peress. Just look at all the BONUS MONEY talk they put into there contract with the city. Typical fine print Corruption 101 at work here. At least the Prison is right up the road.
All JMO
re "a specialist in the field of environmental law"
WHO?
spencer, did you call the mayor? Call him and tell him all the companies you have coming to this meeting and have him generate a formal invitation to LLEG. We need the mayor in on this. that is for sure
spencer I thank you in advance for all your work in getting this meeting together. I look forward to meeting you.
MBorowski: is it possible you can get an answer to why LLEG declined the invitation. Plus what about the Laidlaw Berlin Representative (Tom ? )
A little PR from LLEG stating we are on track for the permitting process . . . would go a long way to keep the stock from dropping from all the weak hands