Laidlaw Energy Group, Inc.(fka LLEG)

[TenKay]

So even if it is just another $4m, that is all profit with very few appreciable expences. So $4M divided by 2.4B shares is a profit of .0016/share. Factor in a P/E ratio of HALF the going average for this industry, putting that at 10 and you get a share price that is valued @.016/share.

Interesting analysis...

However, you generally can't apply that type of analysis to a non-recurring item, which the payment from Cate would represent. If you do want to think of it as recurring income, then you have to look at this as an entirely different business model...in which case the big $$ never come.

But it is all moot anyways until LLEG gets off the greys.