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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. > sigh
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Comment by COO2002COOon Feb 15, 2013 11:22am
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Post# 20995554

RE: sigh

RE: sigh

DC,  I still believe that appointment of big ten auditing firm in US is the major turning point for this stock.  Regardless how well the bottom line is, institutional investors need to have numbers verified by reliable auditor, not saying Kabani & Co. is not qualified or anything.

Also another turning key is positive free cash flow.  So far LLEN's China operation has not been able to demonstrate its ability/ capability to generate enough cash flow for support of its growth in wholesale business & forthcoming acquisitions.  

If these two things can be resolved satisfactorily, share price will start its reversed trend for sure.  That will take a year or two to be seen ......

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