Replies to post #97991 on Laidlaw Energy Group, Inc.(fka LLEG)

[skunksyard]

i'm just reading them now but I did find one piece of info i was looking for

"Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), announced today that it had 2010 net income of $2,441,892 on revenues of $4,135,055. LLEG generated revenues from both management fees and partial compensation from the sale of certain project holdings in 2010. "

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60172312

[skunksyard]

I see what you are saying....hard to tell.

[DragonBear]

based on current share (all classes) when

I would very much like to know if they ever owned a greater % of the common stock than the 10% of it they control now?

It's possible, but the volume on the day you are looking at is what... about 38M? Going with 3B authorized that's 1.26%. Wouldn't be much change from previous ownership.

Regardless, those 10M preferred shares with N votes per share has the 60% voting control. Pesumably if they decided to issue another 2B common shares, they would have to start buying their shares to retain voting control.