Laidlaw Energy Group, Inc.(fka LLEG)

[TenKay]

Perhaps...

Don't know about you but when a light was finally shed on the share structure, the % of equity contained in the preferred shares was a bit of a shock to me...

When one understands all the ways preferred shares can be used to stick it to common shareholders (and I am not saying that is the case here) that fact elevated the risk profile for the common shareholder significantly IMO.

The fact is, every cent of the "pending" payout could be put into the pocket of management via the preferred shares. Not saying that is what will happen, but nobody can say definitely it will not. Thus the risk is elevated.