Laidlaw Energy Group, Inc. recently provided its shareholders with the company updates. With respect to the trading of the Company´s shares, the company continues to believe that becoming a fully reporting company and listing its shares for trading on the OTCBB is the next logical step for the company and Laidlaw continues to work in furtherance of this objective, which also includes evaluating possible opportunities to acquire a listed company.

Laidlaw Energy Group Inc. is proposing construction of a 50-megawatt biomass energy power plant that could begin operation at the site of the former pulp mill by late next year. Laidlaw Energy Group predicts the plant would use about 500,000 tons of wood chips annually. That would support 500 jobs for truckers and loggers, as well as local businesses that provide goods and services to those involved. The plant itself would create 40 jobs.

Laidlaw Energy Group Inc. announced that it is undertaking a significant business expansion aimed at creating a vertically integrated renewable energy company. The new business lines that the Company is rolling out, in addition to its current core renewable power plant development business, include a technology division that will focus on acquiring and investing in innovative renewable energy technology, as well as an agricultural division that will focus on growing hybrid willow trees to serve as fuel for the Company´s biomass energy projects and for sale to third parties. The Company is currently in negotiations to make its first technology investment and expects to focus on technology that reduces power plant emissions, an area that is expected to offer significant opportunity with the new Democratically controlled Congress increasingly focusing on the environment and Greenhouse Gas emissions reduction. The agricultural division will focus on initially obtaining 1,000 acres of land in Western, New York and the Company expects to work with partners associated with the State University of New York College of Environmental Sciences and Forestry in conjunction with this venture.