Replies to post #100964 on Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

Thus LLEG should have fulfilled their allotted supervisional role

It is ONLY since discovering that LLEG sold their interest, that history has been revised and success claimed by some

Tenkay,

When I first got into the stock 08, I accepted it at face value as advertised - a renewable energy company. But having $5M pop out every 5 yrs and going for management pay compensation is a lot different than the starting point of having $12M coming out of Berlin each year.

Yes the 3.4B float makes it rather difficult to place much value on the stock, given there are no reoccuring revenue (outside of probably birdseed from New Bedford). Of course that doesn't prevent some from claiming just an uplisting would make it a 0.02 stock in short order. Where that final Berlin payment of likely $3.5M sudden translates into $68M of capital worth in assets to the common stock. Never mind we still have no idea as to the full structure of the preferred stock (e.g. how many years in arrears at what percentage is it for unpaid divys).