Replies to post #77368 on Laidlaw Energy Group, Inc.(fka LLEG)

[CivilStruct]

There are 3B shares authorized, 2.4B outstanding/issued shares. Laidlaw claims 70% of shares, on a fully diluted basis, are owned by management, therefore 2.1B shares. That leaves 300M shares in the float by my calculations.

http://www.laidlawenergy.com/investors.html

[shell3]

sorry about that I was thinking about another in my mix and misspoke

Common Shares Outstanding: 2,379,721,088 as of 5/1/10
Common Shares Authorized: 3 billion
Other Securities Outstanding: 10 million Series A preferred shares held by management
Insider Ownership: Management owns approximately 70% of the Company's equity securities on a fully diluted basis