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L&L Energy, Inc. LLEN

Metals & Mining Industrial Metals & Minerals
"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."


OTCPK:LLEN - Post by User

L&L Energy, Inc.
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Post by raceagainstthestormon Dec 16, 2012 11:13am
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Post# 20736765

Partnership Needed to further expand $$$$

Partnership Needed to further expand $$$$

Debt on the rise on the balance sheet, but cash is not available to do any more purchases  IMHO(current upgrades) w/ out major dilution.
 

I wish Santa would bring the investors a buyer @ book value(5.02), and everyone could go home a winner.

Balance sheet does not show enough strength to continue consolidation with out major bank loan or buyin by a percentage partner, current Debt +12 million.

Any comments from the acorn gallery, concerning my balance sheet concerns.

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