Replies to post #98480 on Laidlaw Energy Group, Inc.(fka LLEG)

[discreet_suffolk]

"partial compensation from the sale of certain project holdings in 2010"

You just answered your own question...

[CivilStruct]

The presumption by most (likely including the SEC) was that, given the PUC's approval of the revised Power Purchase Agreement, the project would move forward and LLEG would get its final payment and be completely out of the Berlin plant, at least in terms of our equity. That may still happen of course. Therefore, I believe those statements you've quoted, regarding LLEG having sold (past tense) its share, are simply to satisfy an overzealous SEC that quite possibly has jumped to a premature conclusion, as have many of us, that the Berlin plant is a done deal.

This whole situation is like when you sell your house and are just a few days away from the closing. For all practical purposes, the house is sold. The buyer has given you earnest money, you've stopped marketing it, and you may even be packing your belongings. But if they walk away, you keep the house. Often, you get to keep the earnest money, too. Based on ALL the statements, that's where I think LLEG is regarding Berlin.

[BigBucksFl]

You love hanging your hat on everything except the portion of that exact same statement that spells out quite clearly that LLEG retains its stake in the project until they are PAID IN FULL. To suggest otherwise implies total and complete incompetence on the part of LLEG executives and legal counsel.

NO SALE IS COMPLETE until PAYMENT IS MADE IN FULL.

Was the sale made? Yes. Is it completed, NO ! Not until they are paid in FULL does LLEG lose its ownership (equity interest). Suggesting that portions of the statement without giving ANY validity to the remaining sections which you choose to IGNORE, does not make it FACT. In fact, your continued stance of ignoring the relevent portion of the statement shows complete lack of understanding of business transactions, contract law and common sense. If I were you I would never sign a contract until you have an attorney explain the law to you as you obviously do not understand that EVERY PART of a contract must be acted upon and COMPLETED (TO INCLUDE MAKING ALL PAYMENTS DUE) to avoid what is referred to a "Breach of Contract".

Your sggestion that LLEG will simply walk away from the contract and project empty handed and NOT collect what they are owed is simply ludicrous on its face and doesn't even rate consideration by any reasoned stretch of the immagination.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64988464

I do believe that I am in the majority in believing what I read as opposed to your interpretation of events and statements that continue to disregard relevent and important FACTS.

Nice try though.

MIKE HAS MY TRUST, BECAUSE HE HAS EARNED IT ! ! !

I WILL CONTINUE TO HOLD STRONG. NOT LETTING GO OF MY SHARES IN A PANIC ! ! ! !

PATIENCE IS STILL KEY WHILE WE AWAIT MORE INFORMATION FROM MIKE / LLEG ! ! !

PANIC IS THE ENEMY ! ! ! !


EVER FORWARD, EVER UPWARD ! ! ! !

LOOKING FORWARD TO ANOTHER GREAT DAY, WEEK, MONTH AND YEAR WITH LLEG !!!

AS ALWAYS,

GO LONG ! ! ! ! ! ! ! ! !

KEEP THE FAITH ! ! ! ! ! ! ! ! ! ! !

ENHANCE YOUR CALM ! ! ! ! ! ! ! ! ! ! !

STAY THE COURSE ! ! ! ! ! ! ! ! ! ! ! !

GO LLEG ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !