Laidlaw Energy Group, Inc.(fka LLEG)

[veritas-twj]

kingoil - LLEG only had 3mil shares of float before the FS. The Company was added to a Ludlow Energy Index at the same time and decided they needed more shares in the float as a result. The amount of authorized shares is irrelevant in my opinion. I have seen many Pink Sheets companies continually raise the authorized shares from the millions to the billions. The only important issue is the outstanding shares, and LLEG has only had 2 times of issuance in the last year, all to fund working capital, and NO SALES BY INSIDERS. I consider that to be extremely conservative.