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Re: TenKay post# 98414

Friday, 07/08/2011 1:36:14 AM

Friday, July 08, 2011 1:36:14 AM

Post# of 103302
Sorry Ten but your continued assertion that LLEG's equity interest is gone without FULL PAYMENT ( until terms of the transaction are satisfied. ) is just plain wrong. Do you understand what the terms of the transaction being satisfied means? Having been involved with many business transactions myself, and without knowing or needing to know specific terms of the agreement as to amounts and so forth, I can tell you that it means simply, UNTIL LLEG IS PAID IN FULL, LLEG's interest remains the property of LLEG. You keep questioning what interest that is without considering that it is quite simply the interest that they were selling, what the contract was all about, THEIR EQUITY INTEREST. How much simplier I can make this I do not know.

Further you are reading words that I do not see. Where does it say that LLEG sold its equity for the initinal payment only and that if Cate got financing LLEG would get what, a bonus? Give me a break and read the text without inserting things that do not exist so that it will fit into your theory.

After the successful development of the project which commenced as little more than an idea in 2006, Laidlaw Energy reached an agreement to sell its equity stake in the project in consideration for an up front payment and a subsequent payment to occur upon the closing of the project financing for the Berlin Project. Laidlaw currently remains a substantial stakeholder in the project, however, until the terms of the transaction have been satisfied. Laidlaw also has an ongoing role in the project as certain of its principals provide executive management services to Laidlaw Berlin Biopower, LLC pursuant to certain Management Services Agreements.


It is obvious exactly what this says and the word however is letting us know that the first part of the sentence, their equity interest, is attached and conditional upon the second part, which is; F U L L P A Y M E N T ! !

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64896606


MIKE HAS MY TRUST, BECAUSE HE HAS EARNED IT ! ! !

I WILL CONTINUE TO HOLD STRONG. NOT LETTING GO OF MY SHARES IN A PANIC ! ! ! !

PATIENCE IS STILL KEY WHILE WE AWAIT MORE INFORMATION FROM MIKE / LLEG ! ! !

PANIC IS THE ENEMY ! ! ! !


EVER FORWARD, EVER UPWARD ! ! ! !

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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