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DragonBear

08/11/11 4:23 PM

#100049 RE: TAP1963 #100047

Whatever success Laidlaw achieves in Berlin is going to be marginalized by continued trading on the greys

I could see the stock being jerked up to its previous 005 if LLEG management announced the dream $20M-$70M Berlin payout.

Only problem IMO the pay out at best will be $1M-$5M. Outside of LLEG management having pulled off the con of the decade on Cate (e.g. no up front risk, huge payout), it seems extemely unlikely. Rather than shatter the pie in the sky dream, management will announce ... Silence. Doesn't matter if Berlin starts construction or not.

It doesn't prevent Mr Ed from fielding phone calls and saying the words: The final payment was substantial. If challenged to put out a PR as to amount, they'll hide behind a NDA on the phone. Which makes an accurate 10Q filing no longer possible.

JTrox

08/11/11 4:48 PM

#100050 RE: TAP1963 #100047

Tap is correct. The great question is what's managements true intentions here, and can the SEC thing be resolved without further damage.

Here's to hoping Mike is an honest guy, and not a schmuck.

This will be proven by actions and not opinions. Good news is, we should know these actions by the fall.

TexasRambler

08/12/11 3:44 PM

#100075 RE: TAP1963 #100047

TAP1963, my post says nothing about being on the greys. It addresses only my thoughts on the Berlin deal getting done.....