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Brungy

09/30/10 4:27 PM

#75366 RE: king oil #75213

This is not a prediction. In sworn testimony Barty said that Laidlaw is selling 100% of LBB to NewCo. Thus, when the sale is complete Laidlaw is out of the picture. And, according to Doctor Bench's estimates, the equity sale will result in over $50M for Laidlaw. Nice pay day for LLEG.pk stockholders if he's accurate in his assessment.
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jackface2

10/01/10 12:46 AM

#75433 RE: king oil #75213

To his credit, he has predicted there's a 90% chance Laidlaw gets PUC approval. He's also commented that "the fat lady has sung". Both statements are accurate.