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. > Check out Latest SEC filings.

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Comment by farstaron Sep 26, 2013 8:52pm

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Post# 21771571

RE:RE:Check out Latest SEC filings.

From the Nov 5 2012 signed by Lee SEC filing when Lee put up his personal shares for a loan. All the proceeds from that loan was paid to LLEN.
Far

Remarks:

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.