Replies to post #61078 on Laidlaw Energy Group, Inc.(fka LLEG)

[mbartoszek]

Messages like this don't serve any purpose other than to panic weak hands into selling.

We issued a small number of shares last week. I doubt those shares have anything to do with any price decline b/c they were restricted, so under Rule 144 the buyer has to hold them at least 6 months.

When we issue shares it is for a good reason. We needed some capital for new project development. Our deal with Homeland is just starting to bear fruit, so since we anticipate receiving capital from them going forward for development expenses and working capital, I expect we will be able to hold off on any further issuances for a while. We basically needed to bridge the gap between when we made that deal and when the funds started flowing and I think we have accomplished that.

I'll try to communicate a bit more in the future on this issue, so shareholders will have an understanding as to the purpose and necessity if we need to issue addditional shares to raise capital.

Mike

[TAP1963]

Whatever means they are using to deliberately get the PPS lower is manipulation in my book. Todays action IMO isn't the result of dilution, it's the result of MM's games and flippers. For every seller there has to be a buyer. These bastards want cheaper shares and will entice others into selling by using whatever means possible to get the cheap shares they want. Maybe dilution is the reason, but they sure picked a fu****g lousy time to do it. Well, after today I've had enough of this bull****. If the PPS doesn't turn course in the near term I'm out, which I'm sure will make some on this board happy, being that I whine so much.