Replies to post #97753 on Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

What did the PR say about the

nope...said new issue

And the terms of that new issue on conversion was what? My statement stands. The 700M shares is a nice fit in value (at 0.0050)to represent $3M.

where are the 'available' shares for conversion for the mngt 10pref shares

Yet another case where the terms of the conversion are unknown. The shares would be created on the fly as needed for conversion of the preferred. Dilutionary just like exercised stock options are. Presumably those 10M if converted would have to represent 60% control of the resulting float. But why convert? They have 60% control as is representing 70% asset control.