Replies to post #102653 on Laidlaw Energy Group, Inc.(fka LLEG)

[DragonBear]

Even if the SEC finds the financial documents

in order it will still take the SEC up to 90 days to respond as to whether Laidlaw will be granted uplisting approval. Laidlaw will undoubtedly be required to continue paying the 18k while the finances are under review.

Believe uplisting is a separate matter. The contract with Renergy requires registered shares be delivered. Where a 10F is the prerequisite for registering the shares. Don't recall anything in the contract which specifies the shares must be uplisted from the Grey sheet. Unless some safeguards are hidden in the legal speak, Renergy's lawyers seem not the best.

Once the SEC accepts the 10F (review time?), Bart registers the shares, and delivers them, stopping the penalty. Bart is then obligated to start filing 10Qs and a 10K. Having filed those, he has a clear path to uplisting, assuming he wishes to pursue it, or has the time left before bankruptcy.

The current mystery is how a company with no reoccurring money flow outside of the break even New Bedford, and only one physical asset in Susanville, could botch up a 10F they worked on for months prior to closing on Susanville? The Bart gang is like the gang who can't shoot straight.