Replies to post #44454 on Laidlaw Energy Group, Inc.(fka LLEG)

[rich sears]

So the 100 million financing is contingent on getting funding to file the application?

[jackface2]

Thanks Matt.

If the application is submitted by Aug. 1, that means we'll have a permit in hand by May 1, 2010- a year from today. If we get some kind of capital financing to hold us over until then, that would be great. But until that happens we'll see monthly or bi-monthly dilution until the $100 million financing kicks in (when we have a permit). Of couse, news of the MA project will probably pop up before and dramatically change the pps and hence the need to dilute, yet on the other hand it also becomes one more thing requiring funds for permits, engineering fees, travel expenses, etc.. Same goes for the Ellicottville lawsuit. I just hope the number of shares will hold out before these events take place.

Is this a fairly characterization of Laidlaw's near future?