Laidlaw Energy Group, Inc.(fka LLEG)

[king oil]

Michael Bartoszek explained that PJPD Holdings, LLC., owns the property and assets. Laidlaw is the applicant and will obtain the necessary permits and will operate the facility. PJPD is wholly owned by Aware Energy Funding, LLC., which in turn is wholly owned by NewCo Energy, LLC. Both Aware Energy and NewCo are incorporated in Delaware. Bartoszek said Laidlaw has spent $12 million on the project already and has another $3 million in hand from PJPD to complete the permitting process. He said Laidlaw and PJPD expect to finance the estimated $160 million required to construct the 70-megawatt plant by raising $120 million through institutional investors and $40 million in equity funding from New Co