Saturday, February 05, 2011 3:51:44 PM
This company is very real indeed. While some on here may want you to believe otherwise, some helpful dd is posted in the I-box and the sticky notes. Both Tanner and Demented have made some very valid points. How many scam companies do you know of where the lead project for the company has gone through regulatory hearings such as the one recently completed wherein LLEG was granted site approval by the NHSEC after a year long series of discovery and hearings wherein those opposed to the plant used every disreputable tactic they could immagine to imploy to try to stop the progress, and still failed. You will recognize their tactics here during the weeks ahead so it is important that you arm yourself with facts.
As Tanner pointed out, not only does this main project have the support of the town and its local government, but there are also Congressman, Senators, NH Governor and newspapers all backing this project and pushing for approval of the 20yr., nearly $2b PPA. The concensus is that it will be approved with at best, minimal modification requiring no additional time.
Add to this the fact that LLEG has sold their equity interest in the Berlin project while keeping a substantial interest in future revenue from this project and deploying Capital from the sale into another project, this one in CA. with more news to come. To wit;
Laidlaw Energy to Acquire California Biomass Plant
NEW YORK--(BUSINESS WIRE)--Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), announced today that it has entered into a Letter of Intent to acquire a 14 megawatt biomass-energy power plant from Renegy Holdings, Inc. and certain other affiliated shareholders.
Commenting on the contemplated acquisition, Laidlaw President & CEO Michael B. Bartoszek stated “We are very pleased to be moving forward with the expansion of our business model to the West Coast. We are very excited about the California market for alternative energy and the opportunities it presents. We are also excited about the prospect of a close working relationship with Bob Worsley and his team.” Mr. Worsley is the President & CEO of Renegy as well as the founder and former President & CEO of Skymall, Inc.
Bartoszek went on to state “This transaction is part of a larger strategy of growth and diversification that we have been working on for some time. We shortly expect to announce another major acquisition that will further expand our business. In addition, we have been working to add highly qualified project management personnel to our team so that we have the necessary resources in place to manage multiple projects across the U.S.”
Laidlaw does not anticipate any significant complexity with this transaction and anticipates closing on the acquisition within 45 – 60 days.
http://www.businesswire.com/news/home/20110202005547/en/Laidlaw-Energy-Acquire-California-Biomass-Plant
Regardless of views to the contrary, LLEG is making signifigant progress in meeting its goals and will continue to do so despite postings on this board claiming the opposite. On the news front aside from the PUC approval we will be also having announcements on our planned Up-Listing to OTCBB, closing the CA. acquisition and the other planned acquisition mentioned in the PR above. And this is just what we know of.
In closing, always look for links to current events when considering information posted here as there are a few that love to sow doubt by spreading runor and inuendo, falacies and misinformation to cause chaos. We longs challenge them at every turn to keep new investors informed of the FACTS so always look for followups by others when considering something without a factual backing posted in the story as it is likely just that, a story.
LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!
AS ALWAYS,
GO LONG ! ! ! ! ! ! ! ! !
KEEP THE FAITH ! ! ! ! ! ! ! ! ! ! !
ENHANCE YOUR CALM ! ! ! ! ! ! ! ! ! ! !
STAY THE COURSE ! ! ! ! ! ! ! ! ! ! ! !
GO LLEG ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
As Tanner pointed out, not only does this main project have the support of the town and its local government, but there are also Congressman, Senators, NH Governor and newspapers all backing this project and pushing for approval of the 20yr., nearly $2b PPA. The concensus is that it will be approved with at best, minimal modification requiring no additional time.
Add to this the fact that LLEG has sold their equity interest in the Berlin project while keeping a substantial interest in future revenue from this project and deploying Capital from the sale into another project, this one in CA. with more news to come. To wit;
Laidlaw Energy to Acquire California Biomass Plant
NEW YORK--(BUSINESS WIRE)--Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), announced today that it has entered into a Letter of Intent to acquire a 14 megawatt biomass-energy power plant from Renegy Holdings, Inc. and certain other affiliated shareholders.
Commenting on the contemplated acquisition, Laidlaw President & CEO Michael B. Bartoszek stated “We are very pleased to be moving forward with the expansion of our business model to the West Coast. We are very excited about the California market for alternative energy and the opportunities it presents. We are also excited about the prospect of a close working relationship with Bob Worsley and his team.” Mr. Worsley is the President & CEO of Renegy as well as the founder and former President & CEO of Skymall, Inc.
Bartoszek went on to state “This transaction is part of a larger strategy of growth and diversification that we have been working on for some time. We shortly expect to announce another major acquisition that will further expand our business. In addition, we have been working to add highly qualified project management personnel to our team so that we have the necessary resources in place to manage multiple projects across the U.S.”
Laidlaw does not anticipate any significant complexity with this transaction and anticipates closing on the acquisition within 45 – 60 days.
http://www.businesswire.com/news/home/20110202005547/en/Laidlaw-Energy-Acquire-California-Biomass-Plant
Regardless of views to the contrary, LLEG is making signifigant progress in meeting its goals and will continue to do so despite postings on this board claiming the opposite. On the news front aside from the PUC approval we will be also having announcements on our planned Up-Listing to OTCBB, closing the CA. acquisition and the other planned acquisition mentioned in the PR above. And this is just what we know of.
In closing, always look for links to current events when considering information posted here as there are a few that love to sow doubt by spreading runor and inuendo, falacies and misinformation to cause chaos. We longs challenge them at every turn to keep new investors informed of the FACTS so always look for followups by others when considering something without a factual backing posted in the story as it is likely just that, a story.
LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!
AS ALWAYS,
GO LONG ! ! ! ! ! ! ! ! !
KEEP THE FAITH ! ! ! ! ! ! ! ! ! ! !
ENHANCE YOUR CALM ! ! ! ! ! ! ! ! ! ! !
STAY THE COURSE ! ! ! ! ! ! ! ! ! ! ! !
GO LLEG ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
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