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discreet: thanks for the message. I guess this is how we get real info since the CEO seems to shy away from keeping investors professionally informed.
Mike has NEVER met a deadline. It's so easy to FAIL and patch it over after the fact with words like "complexity" and "magnitude."
WTF goes on in those weekly meetings?! Seriously.
It's been said many times on this board that the permit application is "very thorough", but half of it could have been filled out before they closed the deal in late December (which is also when Mike brilliantly forecasted the application would be filed by in about two months). Of course that changed to "soon" which then changed to "mid-summer" which then changed to "mid-August" -the entire time dilluting like a madman.
Another claim is that the dillution is to fund "new projects." As far as I can tell this is patently false. Investors haven't heard sh*t about anything. If it is for new projects state it clearly in a PR instead of recycling old news and selling shamelessly on the "news."
And lose the blog if you're just going to use it to post bull*hit and photos from the whaling museum.
"mid-August"..."but not cast in stone" ...in the meantime expect .0004 and .0003.
what a fuggin' waste of money. these people can't get out of their own way.
haha, right?!
again, if you really want Laidlaw to fail, why would you keep your plans secret? a backwards, nonsensical strategy if you ask me. "I have heard that developers (non-industrial) have previously expressed interest in the site but they are waiting for LLEG to fail before making any offers or presenting their plans."
i think you're hearing things...
or maybe a giant jungle-gym for the tots. i'm sure the soil is pristine from decades of heavy industrial use.
wise use of non-existent city funds to hire a lawyer to "fight" Laidlaw. it would be different if there really was a viable alternative for the site; however we all know that doesn't exist either.
what a joke.
wow, you're a regular Nostradamus
and so positive!
Patience.
At least he's consistent.
I hope the approx. $140,000 he made goes to good use. I'd like to hear something about this imaginary Bedford project. We haven't heard sh*t about new projects or the lawsuit which is where all of this money is supposedly going.
The news about the intervenors in favor of Laidlaw, however, is undeniably good news.
From the article, the new target for the opening of the plant seems to be October 1, 2011.
Application "soon"= Aug 1.? + 9 month process + 12-18 month construction.
agreed,
the blog is cute, but ultimately useless to long-term investors.
is this thing a joke? it seems they have no rational ground to stand on anymore.
CP and the Berlin City Council are best characterized as "clowns."
the imaginary "plans by developers" for the Laidlaw site seems to be the only thing that backwards mayor points to again and again. the comment that "developers are waiting for Laidlaw to fail" to reveal their plans for the site is awesome. if you really are opposed to Laidlaw and have a plan, why would you withhold information about it? it sounds like a horrible strategy.
i'm still unclear why a bald real estate guy who specializes in slum sales would be wasting hours and hours of his day posting on this investor discussion board.
no reason this sahould take 6 months, but... whatever.
Thanks Matt.
If the application is submitted by Aug. 1, that means we'll have a permit in hand by May 1, 2010- a year from today. If we get some kind of capital financing to hold us over until then, that would be great. But until that happens we'll see monthly or bi-monthly dilution until the $100 million financing kicks in (when we have a permit). Of couse, news of the MA project will probably pop up before and dramatically change the pps and hence the need to dilute, yet on the other hand it also becomes one more thing requiring funds for permits, engineering fees, travel expenses, etc.. Same goes for the Ellicottville lawsuit. I just hope the number of shares will hold out before these events take place.
Is this a fairly characterization of Laidlaw's near future?
this is getting old.
time to submit the application Mike. it's not brain science. you hire engineers and give them a deadline. the company has been meditating on this thing for months.
I think that's a bit optimistic, though optimism never killed anyone. My guess is late July.
Did they mention anything about the Ellicottville situation at the UNH presentation? I thought I heard something about the case- the 10M one- being heard (or decided?) this summer. Is that true?
New post by Mike:
Bo knows banking.
I think this is great. I used to love the Bo Jackson commercials. In fact, they showed a bunch of them the other night on a show on (MSNBC?) about Nike. The only thing that would make this better is if they brought Michael Jordan in as an investor.
In any event, I think concepts like this are critical to the recovery of our economy. Someone has to make loans to small businesses and we can't count on the big banks to do it (although I think their investors would certainly like it if they would make some money the old fashioned way by making some loans - especially considering all the free money they are getting from the US govt).
We have actually incorporated a similar concept into our Berlin, NH project. We are currently planning on establishing a fund to provide loans to loggers who can use the funds to acquire chippers and in turn sell their product back to us. This is a win-win for both parties. Perhaps we should consider expanding this concept to making micro-loans to entrepreneurs seeking to establish businesses in the community?
Posted by Michael Bartoszek at 3:05 PM 0 comments
Somebody buy Matt a paid Ihub subscription so he can view PMs.
I'm too poor.
Have a good weekend
aren't those the same thing?
Wow,
Serious thanks for the update, much appreciated.
It's assuring to know that there are real, identifiable, photographable people behind this pennystock. That alone differentiates from 90% of the others.
On the other hand, I'm getting a bit anxious about the application completion- now it's scheduled for "midsummer." I think that's at least the third time it's been pushed back. It challenges the assumption that the "business world" is fast-paced and efficient, while the "government" is bureaucratic and riddled with inefficiencies. Once the application is turned in, there's a clearly delineated timeframe by which things have to get done by law. Looking ahead now, the plant surely will not open until 2011. We're holding ourself back.
Yes, I know... Patience.
deLaidlaw.
now that's funny (and true)
until Mike proves him wrong.
still waiting on that application...
tick tick
"It’s obvious that it’s going to happen"
Tom,
You prove the pen (or keyboard) is sharper than the sword.
Good use of caps too...
Patience.
excited about this meeting...
can't wait to see what type of take-out restaurant is being proposed for Main Street! lol.
have a good weekend all
Bravo.
"nuff said"
Patience.
no, on march 16th he said "approx. 60 more days"
we're looking at mid-may at best.
Matt,
Can we get an undated ibox? My guess is these numbers have dramatically changed.
- Outstanding Shares …………………… Feb 27, 2009 1,855,847,359 - By TA ~ 'ungagged TA ~ updated continuously
- Estimated Market Cap …………………………727,990 as of Feb 27, 2009
- Authorized Shares ………………………… 2 billion 07/08/08 By TA
- Share Holders of Record...... 11,786 as of 12/31/2007
- Float............................143,537,420 as of Jan 3, 2007
they might want property values to stay depressed so they won't have to pay higher taxes- a real winner's outlook.
i like the new laidlaw signs btw.
when's your guess on that .25-.50 level?
I love the governator "quote of the day" on mike's blog.
so true.
prescient.
Patience all.
last i knew, CEO mike was in this for the long haul.
the way he's going about matters seems to suggest this as well.
but according to post #42629, i am mike.
(!)
for now, looking forward to hearing about the application being filed for Berlin.
new post from mike, have a good weekend:
I was recently in New Hampshire and after a visit to Berlin I stopped for some coffee at the White Mountain Cafe. This is one of those nice little coffee shops that remind you what it was like pre-Starbucks. It is well worth a visit if you are in the area. The have a cool website at whitemountaincafe.com where pictures are posted of people wearing their WMC t-shirts while traveling to different parts of the globe, so I owe them a picture of me in NYC.
The most perfidious way of harming a cause consists of defending it deliberately with faulty arguments.
-Nietzsche (1882)
oh i got the private message from our dear old friend too.
i'm gonna sell all my shares!!!! LOL. that dude's a joke.
duly noted.
and nice to see you back.
things are starting to get interesting again.
Too far along in the process?
If they seriously consider a company which currently has no income and sells for 0.0005 a share "too far along" I don't know what they would consider a start up.
It's not a knock on Laidlaw. In fact, I'm quite pleased with the CEO, recent developments, and where we sit.
But how much more "start up" can you be?
It seems like any company which is less 'far along on the process' would lack legitimacy and be too much of a risk.
No?
Wow, congratulations Tom.
Welcome back!
it's tough to tell what's meant to be taken seriously and what's sarcasm here.
enough with the innuendoes, name-calling, and outright bashing.
good luck.
the meeting in Berlin is underway...
referring to yourself in third person is the sign of mental illness (all work and no play makes jack a dull boy).
also, i'm not sure HH is still the investor. i mean, i hope they are, but they haven't been mentioned in a PR for quite some time. i could be wrong about this.
yes, "being scammed sucks!!!"
but Laidlaw is not a scam.
LMAO
Councilor Donovan remarked that Laidlaw wants people to fall into their propaganda... He believes Laidlaw has a marketing genius that preys on our local people.