Laidlaw Energy Group, Inc.(fka LLEG)

[veritas-twj]

spencer -- You are correct that HH is the ultimate buyer... However, they are relying upon Laidlaw both (1) to meet the requirements set forth up front before funding the deal (as stated in the initial press release), and (2) to operate the project on behalf of HH if the deal does close and proceed... If Laidlaw cannot meet the stipulated requirements then IMO HH would likely drop the idea and move on to other opportunities... Laidlaw would then need to decide whether to attempt to find a new partner or also drop the idea and move on to other potential projects... Nevertheless I do not anticipate HH will make public comments until the deal is either done or gone...

Your argument makes intuitive sense but having worked for an institutional investor I can say from experience that what makes common sense often is not what happens at institutions for bureaucratic reasons...

Tom

Patience.



ALWAYS CONDUCT YOUR OWN DUE DILIGENCE -- YOU ALONE ARE RESPONSIBLE FOR YOUR INVESTMENT DECISIONS -- HOPE IS NOT AN INVESTMENT STRATEGY -- PATIENCE !!!