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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. > New S-1 filing withdrawing S-1 of 1/6/10
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Post by Cool_Scirocco on Dec 07, 2012 4:29pm

New S-1 filing withdrawing S-1 of 1/6/10

After today's market close, L&L filed an S-1 with the SEC withdrawing the S-1 filed Jan 6, 2010. That earier S-1 had registered roughly 3.7M shares and warrants. They never sold any of those shares, so they're withdrawing them.

Today's filing:

https://www.sec.gov/Archives/edgar/data/1137083/000113708312000076/llens-1withdrawalletter20121.htm

And here's the filing from nearly three years ago:

https://www.sec.gov/Archives/edgar/data/1137083/000116854210000005/forms-1llfhfinal.htm

This could mean one of the following:

1) Business is good, so they see no need to sell these shares

2) They want to clear the decks for a larger offering

We'll know more next week.

Comment by hlarcher2000 on Dec 07, 2012 5:43pm
Or they will do the offering in HK.
Comment by raceagainstthestorm on Dec 07, 2012 9:21pm
Awesome find...BIG News on Monday? But why not MORE Volume.
Comment by raceagainstthestorm on Dec 07, 2012 9:22pm
Would explain the w/ draw from RC.  
Comment by raceagainstthestorm on Dec 07, 2012 9:33pm
Considered a buyback??
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