Laidlaw Energy Group, Inc.(fka LLEG)

[Leroy Jenkins]

I am getting back into this thing. I will be looking to accumulate around 20-30M shares from here as we retrace toward .003.

I decided to leave my position back in August (about 25M shares) after the equity sale proposal was first leaked from testimony and we were given nothing from management in regards to information. The price dropped so fast, I could not in clear conscience sell in the low 2’s so I held about 60% of my position until the permit was voted on in September, then sold into the news.

I have spent the past month trying to get as much information as I possibly could about Berlin, Massachusetts, Ill, NewCo and anything else I could. Although management has been tight lipped about everything, what I have found is heartening.

There is upside to this stock going into the PUC deliberations, but most on this board must curb their expectations. Pennies will not be sustained until the company publicly explains the share structure (the preferred vs common share structure is unappealing, management ownership is misleading) and moves toward reporting. Bartoszek must begin a massive transparency campaign, or this stock will have a ceiling well below a penny.

LJ