Laidlaw Energy Files Form 10 Registration Statement Together With Audited and Interim Financial Statements

January 10, 2012 at 07:10 am EST

MarketScreener.com By

Laidlaw Energy Group, Inc. (Ticker "LLEG") (the "Company") announced today that it has filed a Registration Statement on Form 10 with the United States Securities and Exchange Commission (the "SEC") to register its common stock under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This Registration Statement on Form 10 includes the Company's audited 2009 and 2010 financial statements together with the report by the Company's independent registered public accounting firm, and the Company's unaudited interim financial statements as of, and for the nine months ended, September 30, 2011. The Registration Statement on Form 10 is also available to the public from commercial document retrieval services and the web site maintained by the SEC at http://www.sec.gov.

After the Registration Statement on Form 10 becomes effective, the Company will be subject to the reporting requirements of the Exchange Act and the rules and regulations thereunder, and will file annual, quarterly and current reports, proxy statements and other information with the SEC as required by the Exchange Act.

About Laidlaw Energy Group

The Company is engaged in the development of independent power plants that generate electricity from renewable and other clean resources, with a particular emphasis on biomass power and combined heat and power projects. The Company is headquartered in New York, New York.

Forward-Looking Statements

This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, regulatory matters, business prospects and similar matters. In some cases you can identify those so-called "forward-looking statements" by words such as "anticipate," "hope," "believe," "estimate," "expect," "positioned," "strategy," "forecast," "goal," "intend," "plan," "predict," "project," "seek," "target," "will," "could," "may," "should" or "would" or other similar expressions that convey the uncertainty of future events or outcomes. Such statements constitute forward-looking statements as defined by 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 the Company cannot provide assurance that such statements will prove to be correct. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For further information regarding risks and uncertainties associated with the Company's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's Registration Statement on Form 10.