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LLEG 10-1 Split 5 mil Traded on 3 Mil Float, Pay Date 9/08 , PPS GOING UP LLEG 10 for 1 Stock Split,Entire Float Traded,Pay Date 9/08 , PPS GOING UP 9-05 670,950, 9/01 355,855 08-31 667,266, 08-30 910,414, 08-29 2,013,328 Business Wire (August 29, 2006 - 8:45 AM EST) Laidlaw Energy Group, Inc. Announces 10 for 1 Forward Stock Split LLEG board of directors has approved a 10 for 1 forward stock split . Each shareholder of record at the close of business on September 8, 2006 will receive nine (9) additional shares for every outstanding share held as of the date thereof. The payment date for shares will be September 9, 2006, with distribution of the new shares to occur on or about September 12, 2006. http://www.**********.com/swnet/newsit/newsit_newsit.aspx?bid=U-b005063-U:LLEG-2 0060829&symbol=LLEG&news_region=U
Low O/S and tiny float. As per company June 2006: 100,000,000 A/s 20,000,000 O/S slightly less than 3,000,000 Float
Wayne, I will be happy to update after my meeting. FYI, Company has confirmed shares outstanding 20 mil, float 3m, and the recent financing announced in the press release was a Project Financing (which is positive since no shares were issued and therefore no dilution to stockholders). Management appears trustworthy, honest and conservative to me. http://www.investorshub.com/boards/read_msg.asp?message_id=12798305
New York, NY [RenewableEnergyAccess.com] Laidlaw Energy Group (LLEG) and EcoPower LLC entered into joint venture that will involve the development of two biomass energy projects to be located in the New England power market. The projects will have a combined gross capacity of approximately 40 megawatts (MW), planning start-up in 2007 and 2008. http://www.investorshub.com/boards/read_msg.asp?message_id=12990360
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I picked up a whole 5000 shares of this, just in case. there is a biomass plant in white city oregon, I know that biomass is good business. glty
golfman
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Does this stock have an income yet? Anyone know? Or is it just a development stage company? Its worth it for the free shares since the OS is low.
5,000 shares mean you will have 50,000 after the forward split. not a bad deal.
driver4t3
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Laidlaw Energy Group, Inc. Completes Acquisition of GE Steam Turbine Generator for New York Project Business Wire - September 7, 2006 9:45 AM (EDT)
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NEW YORK, Sep 07, 2006 (BUSINESS WIRE) -- Laidlaw Energy Group, Inc. (OTC: LLEG) announced today that it has completed the acquisition of a 5 megawatt General Electric steam turbine generator. Laidlaw Co-Gen, Inc. ("Laidlaw"), an affiliate of LLEG, purchased the turbine from the Borough of Chambersburg, Pennsylvania, where it was previously used for local power supply. Laidlaw has recently completed refurbishing and upgrading the turbine and intends to install it in its facility in Western New York that is currently undergoing conversion to a renewable fuel source, clean wood biomass fuel. Upon completion, Laidlaw's innovative renewable energy project will eliminate the consumption of over 350 million cubic feet of natural gas per annum, create 25 new jobs and produce enough clean energy to supply approximately 6,000 homes. The project will also provide heat and electricity to Laidlaw's related hardwood lumber drying business that custom kiln dries hardwood lumber for regional lumber mills, yards and manufacturers.
About Laidlaw Energy Group
Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through development, acquisition, conversion of existing facilities and through partnering with manufactures that have significant electric and thermal needs. LLEG is headquartered in New York, New York. For more information on LLEG, please visit our website at NYENRG.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and LLEG cannot provide assurance that such statements will prove to be correct. LLEG undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE: Laidlaw Energy Group, Inc.
Laidlaw Energy Group, Inc. Michael B. Bartoszek, 212-480-9884 info*LaidlawEnergy.com
metal1
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quote:Originally posted by golfman: Does this stock have an income yet? Anyone know? Or is it just a development stage company? Its worth it for the free shares since the OS is low.
5,000 shares mean you will have 50,000 after the forward split. not a bad deal.
yeah, you'll have 50,000 shares but the stock will be 1/10 the price.
golfman
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But 1/10 of a price with a low OS is still a deal. How many pinks have only 20 million OS?
Good risk reward.
golfman
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I wonder how much they will make from 6,000 homes?
Don't know anything about energy stocks. Anyone with an idea of what type of revenue they may make?
With a low OS any revenue will send this to the moon.
driver4t3
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not sure either golfman, maybe get a chance to dig into it, but not only powering up 6000 homes but industrial machinery off the heat and steam, can run several companies on that alone, not to mention the fertizer and processed dirt for good fill, lots of pot ash for farmers etc, plus they do not charge for drop off like a land fill would..... a bit of patience will make big $$$$ your right on the "any revenue to the moon"
excellent investment.....
golfman
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Shocked more didn't by it. With the free shares we are getting it's worth some money.
Lets hope for a good 2007!
golfman
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Wow good news today! Funny I see some energy stocks on that page on the pink sheets over $1.67 per share with no income at all.
Aens.ob
This stock was a great find guy. Thanks.
golfman
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Got my free shares just now from the split and im actually ahead even with the commission fees and the stock dropping 80%.
Not a bad deal. They need more investors though.
driver4t3
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totally agree golman, this company should be in profit this quarter, now with the news .... should be getting exposure, and yes holding for a small period yeilds huge profits. excellent for the portfolio, just the beginning of a great ride.....
golfman
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Added 40,000 more shares just now at .0045
plni
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I sold this stock on the 11,pay date was the 8 will I get the free shares.
driver4t3
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I am freeing up more cash getting rid of the junk in my accounts, good time to load this one up,, they are supposed to be going into production real soon, plus the grandfather clause of selling excess energy to new york city for the next 12 years, puts this at a premium. hopefully have a few months to keep adding positions...
driver4t3
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quote:Originally posted by plni: I sold this stock on the 11,pay date was the 8 will I get the free shares.
does the shares show up in your account ?? you might of needed to hold through last night. I bought wncp and sold a day early and did not get any freebies. none the less this stock is a good play, I dont think it's so good for flipping but for holding for a short while
plni
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Laidlaw Energy Group, Inc. (OTC: LLEG) announced today that its board of directors has approved a 10 for 1 forward stock split of the Company's common shares. Each shareholder of record at the close of business on September 8, 2006 will receive nine (9) additional shares for every outstanding share held as of the date thereof. The payment date for the additional shares will be September 9, 2006, with distribution of the new shares to occur on or about September 12, 2006.
About Laidlaw Energy Group
driver4t3
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then you should get them, if they havent shown up yet, you might want to call your broker. I have an etrade account, and they did not show up in mine so I called and I have them now
plni
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I have scottrade Ill call my agent now thanks driver
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I wanna feel those megawatts! Lets hit $1.00 per share. Build 20 more plants! HA Im an idiot here.
golfman
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Someone email them and ask how much money the 16 megawatts will generate.
Any revenue projections?
Or should I write them myself? I have no spell checker though ha.
golfman
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I have wrote them.
maddie19
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Great! Let us know what you hear...
golfman
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Saw this article online.
Wood-Burning Power Plants Planned for Four States June 07, 2006
This 21-megawatt wood-fired power plant in the San Francisco Bay Area is representative of the plants now planned or under construction in four states. Credit: Andrew Carlin, Tracy Operators
Projects are now planned or underway for wood-burning power plants in California, Minnesota, New Hampshire, and New York. In California, San Diego Gas and Electric Company (SDG&E) has signed a contract to buy 20 megawatts of power from Bull Moose Energy LLC starting in 2008. Bull Moose Energy plans to build a facility in southern San Diego County that will gasify tree trimmings and other biomass waste and convert it into electricity.
In Minnesota, the public utilities of two small cities—Virginia and Hibbing—are working together to add wood-fired boilers to each of their power facilities, which also provide district heating to their cities. Under the name of the Laurentian Energy Authority, the two utilities hold a contract to sell 35 megawatts of biomass power to Xcel Energy. Construction is underway, and the boilers should start providing steam to the cities' power plants by the end of the year. The utilities plan to start by using wood waste, but are developing tree farms that will provide a dedicated energy crop for the power plants. See the SDG&E press release and the Web sites for the Hibbing and Virginia Public Utility Commissions.
In New York, Laidlaw Energy Group, Inc. has completed the financing for a 7-megawatt wood-fired power plant that will also supply heat to a lumber drying business. The project involves the conversion of an existing power plant that is currently fueled with natural gas. Meanwhile, the Public Service Company of New Hampshire (PSNH) has nearly completed its Northern Wood Power Project in Portsmouth. The project involves the replacement of a coal-fired, 50-megawatt boiler with a wood-fired boiler. See the Laidlaw Energy Group press release (PDF 80 KB) and PSNH's Northern Wood Power Project Web site. Download Adobe Reader.
driver4t3
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it's getting better,
NEW YORK, Sep 15, 2006 (BUSINESS WIRE) -- Laidlaw Energy Group, Inc. (OTC:LLEG) announced today that it is reviewing several new renewable energy project development opportunities in anticipation of adding one or more projects to its development pipeline. One such opportunity involves utilizing a Rolls Royce/Allison turbine and two other gas fired engines currently owned by an affiliate of LLEG in connection with a landfill gas project. Landfill gas generation projects use the gas generated from the decomposition of organic materials at landfill disposal sites as a renewable fuel source for a gas turbine/generator.
Aside from opportunities originated by LLEG and its partners, LLEG has also received a significant number of inquiries from other parties, including municipal entities, other power developers and large manufacturing businesses, about potential new generation projects. LLEG has also submitted offers on two other generation facilities that are currently for sale.
"We want the market to be aware that we have an appetite to make more acquisitions in this sector and intend to move aggressively to accumulate assets that meet our criteria," stated Laidlaw Energy CEO Michael B. Bartoszek. "Although we have an aggressive hurdle rate for our equity returns, we are very non-commercial about our approach to transactions and have the ability to move very quickly."
About Laidlaw Energy Group
Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through development, acquisition, conversion of existing facilities and through partnering with manufactures that have significant electric and thermal needs. LLEG is headquartered in New York, New York. For more information on LLEG, please visit our website at NYENRG.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and LLEG cannot provide assurance that such statements will prove to be correct. LLEG undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE: Laidlaw Energy Group, Inc.
Laidlaw Energy Group, Inc. Michael B. Bartoszek, 212-480-9884 info*LaidlawEnergy.com
golfman
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Yeah they never wrote me back yet. Not sure if they will. Pink stocks dont give much information.
I guess for a longshot risk it maybe worth it. I have a hard time trusting pink sheet stocks though.
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