Laidlaw Energy Group, Inc.(fka LLEG)

[discreet_suffolk]

Welcome

The Berlin Plant was an old papermill that closed in 2006 and the boiler and building are already in place and just need a building permit from New Hampshire to finish the construction. This is what we are waiting for on Sept 23rd. Once we get the permit we can start building. Construction cannot start till we get the permit.

If you look at the application to the permit we own only 37.5% of the Berlin plant. The rest is owned by other parties. The rumor is we sold our 37.5% to NewCo.LLC but we do not know the $$$ yet. The rumor is $50Million. That would pop us over .03

With the sale we will use the $$$ for at least one of our MA project.