Replies to post #102824 on Laidlaw Energy Group, Inc.(fka LLEG)

[Recovering Stock Junkie]

And then there were some other references on the website that needed to be changed but not enough to suspend trading and screw the investors into the ground. The SEC is there to protect but I believe in this case there was nothing that we needed protecting from. I like many are out many, many thousands of our hard earned money. I really don't see where they saved anyone from making a bad investment as we all know that Pennies are a risk but when big brother is not on your side it makes it very hard to make any money here. I have stopped trading all together as between the SEC and the DTCC I have 3 stocks that have tanked and caused me to loose all my working capital. The other stock, the MM's were trading short and could not cover so the DTCC suspended trading. It was all good for my first 2 years of trading but very bad the last 2.

[DragonBear]

I think is was a cartoon in the local NH

newspaper that implied that LLEG somehow was influencing the SEC (the board that was hearing the PPA approval request) that got the SEC (Fed agency overseeing publicly traded companies) all fired up

Good grief. Here's your homework assignment... find the SEC regulation which gives the SEC the power to suspend a stock for fraud, if it feels it has been insulted. What cartoons did the other 16 companies get suspended for?

I think the suspension was what really killed the prospects for success here

What success as measured by accrued value to the common stock had there been over the previous 5 yrs? None. Reference the S1.

and the suspension was a truly monsterously unfortuneate over-reaction to a stupid cartoon that was misinterpreted by the SEC.

Then the solution was to take the cartoon down, and all problems are instantly solved. But they haven't been solved have they? Where the SEC comes back in March 2012 issuing another subpoena for records. Are they searching for another cartoon?