Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

But why file the forms if the company

has no intention on progressing?

Is this called emotional spin? It has nothing to do with intention. The Susanville transaction "forced" a filing.

http://www.sec.gov/Archives/edgar/data/1538492/000114420412001386/v244617_10-12g.htm

Reference page F16.

The Company entered into a Registration Rights Agreement with the two sellers whereby the Company has committed to prepare, file and cause to become effective a Form 10 Registration Statement for the shares of the Common Stock of the Company and a registration statement on Form S-1 for the sale by any of the sellers of the common stock that would be issued upon the conversion of their Series B preferred stock issued by the Company, each pursuant to specific deadlines.

It then goes on to describe the penalties for not successfully filing.