Replies to post #101388 on Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

Hmmm, maybe - maybe not.

Both possibilities are in play.


Possible one side or LLEG is frantically pressing on receiving the payment now, or yelping Cate is not meeting the absolute time table of the contract. In another words the well is dry and LLEG is desperate for the funds now.

Meanwhile the other side Cate saying they'll get around to it after their accountants crunch some numbers, and adjustments are made to the amount for the botched work. Where the cover is:

fine points of the financing are still being worked out and the money may not yet be available.

Thus Cate pays out a much smaller sum, which is consistent to both what CTTC posted, and the media story.