Replies to post #61097 on Laidlaw Energy Group, Inc.(fka LLEG)

[Gmenfan]

In theory that's the positive side and it does have it's merits. However, any R/S I've been involved in or heard about have done nothing but give the initial buyers the shaft by allowing a LOT more room for downward PPS manipulation.

I'm not saying a R/S is in the stars for Laidlaw, I'm not advocating for one and IF one did occur it could very well have the desired positive effect you describe. By the same token, it could also turn out as I described.

All in my humble opinion of course.

[skunksyard]

1/10 r/s is still way too many shares for any serious investment firm to consider in a startup

let's be more realistic than your assessment.....how much would you have to earn to get to .055/share on 3 billion? and then let's start to look what JV's would have to produce in revs (don't forget LLEG doesn't get 100% of revenues)...to bring the figures to your illusion rate?

[TAP1963]

There is not a big cost difference between a Nasdaq listing and a OTC listing. Eventually Laidlaw "maybe" in a position to uplist, but that is a long ways off. They are in no position right now to meet the higher reporting requirements for a Nasdaq listing. If Laidlaw wanted to do a R/S and uplist to the Nasdaq they might be able to meet the initial requirements, however continuing to meet the listing requirements of Nasdaq afterwards is entirely another story. There would be many benefits to uplisting to the Nasdaq down the road, however being that Laidlaw is only in it's infancy right now, and void of revenue, uplisting would be neither economical nor possible given the financial state of the company right now. Take a look at what Laidlaw would have to do to continue being listed on Nasdaq, and then tell me they could meet those requirements. Not right now!

[Sam Dan]

Do you realize that in order for LLEG to show a profit of .055 per share on 3 billion shares O/S ,the company would have to earn $165,000,000.00? A bit too optimistic even for you!