Fact : Laidlaw is being transparent regarding their equity's O/S via their Transfer Agent . Ya wanna know how many fully reporting OTCBB companies DO NOT release the T/A to provide that vital information ? Hint : LOTS . Not bad for an OTC , Pink Sheet company that is under no regulations to compel them to be transparent .
Supposition : If the Company were diluting into the float then they would most likely do what every other company does when they balloon the float ....they would put out unverifiable but earth-shattering news releases to get more bang for their buck .
There is a void of news releases , releases that would typically occur if they were diluting into the float .
Allowable deduction ( for me , anyway ) : The increase in the O/S is indeed going to Private Placements . With the aforementioned FACT and SUPPOSITION we are then allowed to think ( and believe for some ) the Company is using the funds with fiduciary and ethical responsiblity .
It should be inconsistent for a company claiming to want their financials audited in order to become a fully reporting OTCBB Security to be anything less than transparent and competent in their business activities .
As I see it .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .