Replies to post #70812 on Laidlaw Energy Group, Inc.(fka LLEG)

[sageofflorida]

Invetool. You should look at this in a different way in my opinion.

Berlin is essentially a stream of income to its owners. That stream of income has a present value. The granting of a permit to operate is the catalyst that creates the income stream. Whether LLEG still owns a stake in Berlin isn't really the issue. More the issue is that a permit creates a potential capital value ( the income stream discounted). Whether LLEG retains a stake in Berlin or the monetary equivalent of that stake doesn't affect the value of the company or its shares.

The granting of the permit will create the potential capital value- that is what matters.

Sage.