Laidlaw Energy Group, Inc.(fka LLEG)

[skunksyard]

I was looking at their balance sheet and you'll notice on 12/31/10 they show 2.5+mil accts rec net and 745k+ cash ....
and similiar numbers in September.....(minus some $$$)...

I'm not aware that they have any company that's producing revenues for product so could this be the sales fee, a part of the sale of LLEG equity in the plant? (and what makes me question if it's part is the fact that the PR reference stated LLEG doesn't have any equity in the Berlin plant since September). Of course this could be a deposit balance conditional on successful implemtation of the plant operation

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64041687

"“In the wake of the Security Exchange Commission's (SEC) decision to suspend trading of Laidlaw Energy Group’s ("LLEG") stock, it is necessary for Berlin BioPower to clarify that Laidlaw Energy Group no longer has any interest or role in our project. Laidlaw has not been involved in Berlin BioPower since September, 2010. Therefore, this SEC action has no effect whatsoever on our project,” said Berlin BioPower spokesperson Richard Cyr."