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slick777

07/21/11 10:18 AM

#99283 RE: Grozny #99281

Its been over 4 years STILL waiting for lleg to develop anything.
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DragonBear

07/21/11 10:30 AM

#99285 RE: Grozny #99281

LLEG will continue developing biomass plants.

Of course they will continue to project manage, and help others bring such plants to market. A $5M pay day every 5 years. Accrued value towards the common stock: +$0.

they will own/operate as well.

They would need a little more in the way of capital than the current $2M in cash and/or assets total. Before suspension one might vision some stepping stone approach. But after suspension? A company previously under SEC investigation (yet to play out), would readily receive gov backing on a loan?

LLEG is already operating the thermal plant in New Bedford

How much was invested? Unknown. What are the revenues? Unknown. What does "control" mean? Unknown. What kind of equipment is in this thermal plant? Unknown. What would it cost to upgrade it to produce electricity? Unknown. Who will ultimately own it? Unknown.

P.S. Do a search for solar against that site. You should be able to come up with an article about Edisoncon engaged in installing a huge solar panel farm. In another words the PR a few months ago by LLEG about a solar add on was just embellishment of an event a major utility company is already engaged in.