Replies to post #100776 on Laidlaw Energy Group, Inc.(fka LLEG)

[sunspotter]

"Laidlaw's legitimacy can no longer be questioned."

I disagree completely.

As a public company Laidlaw's legitimacy has already been questioned by a Federal agency, the SEC.

In fact, the SEC have given three separate reasons for the suspension (which automatically results in relegation to the Grey market for Pink Sheet stocks):

"Laidlaw Energy Group, Inc. is a New York corporation based in New York. Questions have arisen concerning the adequacy and accuracy of press releases concerning the company’s operations, the accuracy of its financial statements, and stock promoting activity by the company."

One fact that hasn't been remarked upon on any of the recent posts about the completion of the Cate Street financing is that LLEG's original "financial statement" showed their supposed initial payment for the Berlin Burgess project as an "accounts receivable", that is LLEG never received the cash owed even three months after it was supposed to have fallen due.

As I remarked at the time, this is an extremely unusual delay in payment, given that the payment was meant to be for an asset transfer.

Any reputable company wouldn't allow the asset to be transferred unless and until payment was guaranteed on the same day.

I wonder if the accounts receivable amount is in fact dependent on this completion that now seems to be accomplished? If so, then LLEG may be due no extra money at all.

Certainly LLEG's legitimacvy is very much in doubt. It has been accused of serious breaches of important regulations by SEC, a supposedly material event has just transpired, and yet the silence from Mr. Bartoszek and his accomplices is deafening.

I suspect the true story of their duplicity and fraud is just beginning.

[alien42]

we should hear less talk of fraud


what talk of fraud?

there hasn't been hardly any talk about fraud. a simple search for the word 'fraud' comes up primarily with posts that contain the standard Grey Sheets disclosure i have posted below.

investool, are you referring to somewhere other than iHub because i haven't seen anything about LLEG being fraudulant anywhere online.


OTC Markets has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:

Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.
Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer's securities.
Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders.
Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).
Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — There is, in OTC Markets' view, a public interest concern.

[Brungy]

I don't know if you realize this, but Laidlaw is no longer involved in the Berlin Station project.