Laidlaw Energy Group, Inc.(fka LLEG)

[icarus6700]

This post is nothing but wild speculation and should not be construed as a recommendation to buy or sell shares of LLEG.

Maybe the SEC didn't like LLEG listed as owner on the application, since LLEG doesn't actually own the land or boiler, and wanted them to be more clearly defined as leaser/operator. To appease the SEC, LLEG sold its ownership interest (37.5%) to NewCo Energy. If so, then I would hope that LLEG received at least all of the money it ever invested in Laidlaw Berlin ($12M?) and then some. LLEG's lease-to-buy deal seems to be in place still, so LLEG should one fine day (in 40 years?) be the owner of the facility.