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Bullboard - Stock Discussion Forum L&L Energy, Inc. LLEN

"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 Discussion

L&L Energy, Inc. > All Read following regarding D Lee's transaction w
View:
Post by farstar on Nov 05, 2012 5:07pm

All Read following regarding D Lee's transaction w

Mr. Lee transferred his personal shares of LLEN as collateral on a personal loan. All proceeds from the loan were transferred directly to L&L Energy, Inc. as a loan to fund expansion. Mr. Lee's loan to the Company was approved by L&L's Board of Directors. The term on the loan is three years, Mr. Lee also has the option to reclaim his shares at any time upon written notice and repayment of the loan.
Comment by farstar on Nov 05, 2012 5:10pm
Sorry.....forgot to post the link regarding this transaction that just came out.https://openinsider.com/search?q=LLEN Farstar
Comment by farstar on Nov 05, 2012 5:15pm
Here is the actual document. Read the remarks !https://www.sec.gov/Archives/edgar/data/1137083/000144436412000001/xslF345X03/primary_doc.xml Farstar
Comment by lutherpstr on Nov 05, 2012 5:34pm
This post has been removed in accordance with Community Policy
Comment by farstar on Nov 05, 2012 5:37pm
DC Are you saying that LLEN has put out a press release regarding Lee's loan?  If so, I have not seen it yet.  Is there a link? Farstar
Comment by lutherpstr on Nov 05, 2012 5:43pm
This post has been removed in accordance with Community Policy
Comment by farstar on Nov 05, 2012 5:54pm
Thanks DC ! I hope LLEN submits a press release soon... like tonight !!!  to clarify what Lee's transaction is all about so that the market gets verification and satisfaction of the TRUE details. Other then that I have been quiet for awhile because I had a case of Chazmo going on with my patience LOL !   I am over it and feel very confident that 2013 will be our year ...more  
Comment by lutherpstr on Nov 05, 2012 6:08pm
This post has been removed in accordance with Community Policy
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