Laidlaw Energy Group, Inc.(fka LLEG)

[Teedlum]

Granted, preferred have preference on liquidation and may have dividend preferences; however, no dilution occurs unless those shares are converted to common stock. There is no current dilution and if the shares are not convertible, there never will be.

The fact is we will now have an additional asset on the balance sheet with a portion of the earnings therefrom accruing to the benefit of common shareholder in the form of enhanced share price (share price = EPS x multiple). Also, keep in mind the CEO is the largest common shareholder; therefore, his personal financial interests are also aligned with the common shareholders.