Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

You may be right

However, he doesn't need a sugardaddy - he needs an investor that believes the plan for Renergy site is viable and that it has enough upside to warrant the risk - not unlike Berlin

.

Problem is there are some fundamental differences between Susanville and Berlin.

Fed funding is rapidly drying up. In 2009 $43B in funding, in 2012 $11B. Green energy tax credits expired Dec 2011. Then there's Bart...

Would you want to be associated with someone under SEC investigation? Where you have to front him the project management fees he wants to charge you, so that he doesn't go bankrupt? Not knowing if the SEC is going to nail him in court.

Going into Berlin Bart had no track record for project management. He does now. What kind of recommendation would Cate give to another private venture firm for Bart? Consider the engineering snarfu, and the final payment contention at Berlin.

Let's assume there is a private venture capital firm which sees potential for Susanville. Why not just wait a year? Wait for Bart to go bankrupt and liquidate. Assets presumably revert to Renergy - offer them $500K or $1M for it. After sitting on a loss they couldn't declare, Renergy might bite&run. Not to be confused with byte&chew.