Replies to post #14774 on Laidlaw Energy Group, Inc.(fka LLEG)

[veritas-twj]

SA -- Welcome to the message board...

Company owns the Ellicottville NY property with infrastructure, a majority interest in the Laidlaw Berlin LLC which has $1 mil in escrow toward purchasing the Berlin NH facility from NAD, cash in the bank, etc...

Tom

Patience.

[jimmenknee]

Good Afternoon SimpleAuto and welcome :) I didn't mean "no assets," I should not have put that trailer on, I think Tom set me straight.

In terms of market cap though, I'm not a fan of using it as a determination point for company value for pink sheet stocks in the here and now-- there are too many variables and most point to future potential value. I believe this is the case for LLEG. We are trading/investing in future value, but shouldn't be fooled by considering it current value -- it's used more times than not as a red herring IMO :(