Replies to post #68833 on Laidlaw Energy Group, Inc.(fka LLEG)

[sageofflorida]

New Co Energy is a special purpose entity set up specifically for this project. This could quite simply be nothing more than a structural re definition of the shareholders and not an arm's length disposal. If say financing had been agreed subject to permit then a special purpose entity could be formed to recognize that. The ownership of the special purpose entity is what we need to discover.

Sage.

[Matilda007]

You may be right,

I seems that however this shakes out, Berlin will have a Biomass plant, and that is cool with me, there will be jobs and the lights will stay on.

Whatever, Mike got, we got, he sold an asset of the company, and if true we are part owners of the asset and/or it's worth.