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Monday, 02/21/2011 4:48:06 PM

Monday, February 21, 2011 4:48:06 PM

Post# of 103302
Mike said LLEG would be profitable in 2010.
"We have started to receive funds from the HLE joint venture to cover overhead and development costs, so we expect this will be a significant positive factor going forward in terms of reducing LLEG's capital needs. There are funds due to us in the near term in connection with the JV. These funds will provide LLEG with additional working capital and if this income is received may allow us to be profitable for fiscal 2010."
http://laidlawenergy.blogspot.com/

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