this ran to .0061 last week and go crushed back into the .004's due to testimony coming out about some potential hangups in the PPA with the PSNH...currently at .0048...january 24th is the date circled for things to really get moving or decided with the PPA. further testimony will be coming out regarding the PPA. the testimony is going to have some in favor and some against. either way this is GOING to get done. laidlaw is gonna have to make some modifications to there proposal but its not the end of the world....the super high volume flushing was actually good for the stock...cleared loose hands in a run for the exits waterfall...i expect lighter volume the next few weeks slowly ticking higher...
Things are looking good. I think the Mass. projects are back in play.
The more I look at it, the more I really hope laidlaw gets a bunch of cash out of Berlin and gets out of that project. It would be a great lump sum of cash to work on projects that might be a little easier to get going.
Happy New Year and BOL in 2011.
i have NO INTEREST in going the berlin route again.....i think mike learned his lesson and will be involved in projects on shorter terms then the what almost 4-5 years that berlin has been...it's too long to bleed money with no revenue for a startup...that's why there's a few billion shares out there...
sitting right .0001 below the resistance at .005
looks as if we may be turning up prepping for another run. if we are able to punch through .005 we could quickly run to .006 before hitting some more selling. still have things pending in NH and the buzz on the streets has been the MA project is moving and another possible undisclosed project....things should start picking up as the action heats up in NH. before the previous SEC approval date this began running around 2 weeks ahead of time...we have 15 trading days until the final hearing on the PPA.....
settlement hearing on the 11th of january...may see some news coming out of that
looks as if we may be turning up prepping for another run. if we are able to punch through .005 we could quickly run to .006 before hitting some more selling. still have things pending in NH and the buzz on the streets has been the MA project is moving and another possible undisclosed project....things should start picking up as the action heats up in NH. before the previous SEC approval date this began running around 2 weeks ahead of time...we have 15 trading days until the final hearing on the PPA.....
settlement hearing on the 11th of january...may see some news coming out of that
front page of tomorrow laconia daily sun features the governor of NH showing support for approval of the laidlaw ppa
http://www.laconiadailysun.com/berlinpdf/2011/1/14B.pdf
http://www.laconiadailysun.com/berlinpdf/2011/1/14B.pdf
Well I hope we keep moving up despite lack of news and volume. This stock has definately changed as it is holding and not dropping like I thought it would.
I hope since this thread has started, a few here are holding some shares and waiting. We have a possibility of making alot of money.
I hope since this thread has started, a few here are holding some shares and waiting. We have a possibility of making alot of money.
LLEG MAJOR NEWS!!!
Laidlaw released this last night, so it probably won't be in the papers until tomorrow.
Laidlaw Biomass Plant and Green Technology Company
Agree to Integrated Facility with Potential for 65 New Jobs
January 19, 2011
___________________________________________________________________________________
The owners of the Fraser Mill site have reached preliminary agreements with a leading green technology company to integrate a bio-materials production facility with the Laidlaw biomass power plant. Construction of the initial phase of the facility would occur in 2011, allowing production from the contemplated facility prior to completion of the Laidlaw biomass power plant. Final announcement of this phase is subject to the parties gaining necessary approvals and completing certain supply arrangements.
The new facility will produce environmentally-friendly materials derived from renewable resources that are developed and marketed by the green technology company to replace petroleum-based products. When fully integrated with the biomass power plant, the bio-materials facility is expected to employ over 65 full-time employees. Over half of these positions are likely to occur prior to the completion of the biomass power plant.
Co-locating this facility with the biomass power plant is the result of extensive research, marketing and investment efforts by the owners of Laidlaw to continue developing the Fraser Mill site and Berlin area into one of the leading bio-materials locations in North America.
“What is exciting about this new opportunity for the City of Berlin” said Mayor Paul Grenier “is that this is exactly the type of business we want to attract to our city. And I think it’s important to point out that this was possible through the work of the Laidlaw team at seeking out business opportunities which build upon the synergies of the biomass power plant. The combination of producing biomass electricity and bio-based materials can create over one hundred new direct jobs and hundreds of indirect jobs. The Laidlaw biomass power plant is vital to creating a new green economy for the City of Berlin and the entire Coos County.”
Laidlaw released this last night, so it probably won't be in the papers until tomorrow.
Laidlaw Biomass Plant and Green Technology Company
Agree to Integrated Facility with Potential for 65 New Jobs
January 19, 2011
___________________________________________________________________________________
The owners of the Fraser Mill site have reached preliminary agreements with a leading green technology company to integrate a bio-materials production facility with the Laidlaw biomass power plant. Construction of the initial phase of the facility would occur in 2011, allowing production from the contemplated facility prior to completion of the Laidlaw biomass power plant. Final announcement of this phase is subject to the parties gaining necessary approvals and completing certain supply arrangements.
The new facility will produce environmentally-friendly materials derived from renewable resources that are developed and marketed by the green technology company to replace petroleum-based products. When fully integrated with the biomass power plant, the bio-materials facility is expected to employ over 65 full-time employees. Over half of these positions are likely to occur prior to the completion of the biomass power plant.
Co-locating this facility with the biomass power plant is the result of extensive research, marketing and investment efforts by the owners of Laidlaw to continue developing the Fraser Mill site and Berlin area into one of the leading bio-materials locations in North America.
“What is exciting about this new opportunity for the City of Berlin” said Mayor Paul Grenier “is that this is exactly the type of business we want to attract to our city. And I think it’s important to point out that this was possible through the work of the Laidlaw team at seeking out business opportunities which build upon the synergies of the biomass power plant. The combination of producing biomass electricity and bio-based materials can create over one hundred new direct jobs and hundreds of indirect jobs. The Laidlaw biomass power plant is vital to creating a new green economy for the City of Berlin and the entire Coos County.”
now with link
LLEG Front Page News Story! http://www.laconiadailysun.com/BerlinPDF/2011/1/21B.pdf
the final hearings on laidlaws 65mw biomass plant are monday and tuesday...an approval very possible to follow!
LLEG Front Page News Story! http://www.laconiadailysun.com/BerlinPDF/2011/1/21B.pdf
the final hearings on laidlaws 65mw biomass plant are monday and tuesday...an approval very possible to follow!
News Out
NEW YORK--(BUSINESS WIRE)--Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), announced today that it has entered into a Letter of Intent to acquire a 14 megawatt biomass-energy power plant from Renegy Holdings, Inc. and certain other affiliated shareholders.
Commenting on the contemplated acquisition, Laidlaw President & CEO Michael B. Bartoszek stated “We are very pleased to be moving forward with the expansion of our business model to the West Coast. We are very excited about the California market for alternative energy and the opportunities it presents. We are also excited about the prospect of a close working relationship with Bob Worsley and his team.” Mr. Worsley is the President & CEO of Renegy as well as the founder and former President & CEO of Skymall, Inc.
Bartoszek went on to state “This transaction is part of a larger strategy of growth and diversification that we have been working on for some time. We shortly expect to announce another major acquisition that will further expand our business. In addition, we have been working to add highly qualified project management personnel to our team so that we have the necessary resources in place to manage multiple projects across the U.S.”
Laidlaw does not anticipate any significant complexity with this transaction and anticipates closing on the acquisition within 45 – 60 days.
NEW YORK--(BUSINESS WIRE)--Laidlaw Energy Group, Inc. (Ticker Symbol “LLEG”), announced today that it has entered into a Letter of Intent to acquire a 14 megawatt biomass-energy power plant from Renegy Holdings, Inc. and certain other affiliated shareholders.
Commenting on the contemplated acquisition, Laidlaw President & CEO Michael B. Bartoszek stated “We are very pleased to be moving forward with the expansion of our business model to the West Coast. We are very excited about the California market for alternative energy and the opportunities it presents. We are also excited about the prospect of a close working relationship with Bob Worsley and his team.” Mr. Worsley is the President & CEO of Renegy as well as the founder and former President & CEO of Skymall, Inc.
Bartoszek went on to state “This transaction is part of a larger strategy of growth and diversification that we have been working on for some time. We shortly expect to announce another major acquisition that will further expand our business. In addition, we have been working to add highly qualified project management personnel to our team so that we have the necessary resources in place to manage multiple projects across the U.S.”
Laidlaw does not anticipate any significant complexity with this transaction and anticipates closing on the acquisition within 45 – 60 days.
