Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

Now that Laidlaw has declared the company's financial

state of affairs with Berlin and Cate there should be no further impediment to CEO Bartoszek cleaning up the Securities state of affairs with the SEC.

It should be no impediment per generating a 10Q or pre-announcing intent to do so by the end of October. It's as you put it a statement of intent. Intent to uplist or not.

The next and key question on Berlin is how much of the $2.5M-$5M is still cash on the books, including legal, and accounting fees induced by the SEC? My working assumption is one would see on a 10Q most of that revenue appearing on the SG&A line as managerial compensation (i.e. unlikely they are working for nothing), and no cash on the books. No accrued value ever likely to be added to the common stock. The transparency a 10Q would provide is IMO the reason the Bart gang will never issue one. It's far easier to have Mr Ed generate Emails of: "We're working on uplisting".

If Cate wins and I believe they will, with the resulting revenue over 5 yrs closer to $2.5M rather than $5M, then will the Bart gang start to believe, it's just not worth it? Dissolve the company, and go private, where they are obligated to pay the preferred stock holders (or themselves) any assets (New Bedford). Or maybe just fold completely, and try some other career? Divide $2.5M by maybe 6(?) gang members, over 5 years. The annual salary is small.