Replies to post #98306 on Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

Cate bought the 100% rights for the

I agree that is exactly what happened. With Cate keeping LLEG on to shepard it through the regulatory bureaucracy for a project managment fee. That's quite different than what was suggested elsewhere all prior LLEG ownership reverts back to LLEG, with some huge payment due to pry it away from them again. Or that 100% ownership rights were never transferred to Cate.

As for LLEG buying back their interest in 3 yrs later, are they better able to finance that share of the estimated $255M total cost? Could they even afford the buy back portion?