Laidlaw Energy Group, Inc.(fka LLEG)

[veritas-twj]

Dragon - LLEG needs to raise small amounts of capital like any microcap company. You need to pay salaries to staff and to lawyers for all of the legal filings needed to get the projects approved. The Company has limited sales of stock to small amounts until they obtain the next government grant, which I expect to happen again in 2007. The FS had nothing to do with dilution - the Company could just have easily sold stock without the FS. Short term this is painful, but necessary. Long term raising limited working capital to continue operations is fine. You will be happy again once there are new positive press releases. We just need to work through this overhang as previously in late 2006. "Good things come to those who wait." I remain absolutely confident.