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

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"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."

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OTCPK:LLEN - Post Discussion

L&L Energy, Inc. > Check out Latest SEC filings.

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Post by farstar on Sep 26, 2013 8:23pm

Check out Latest SEC filings.

Fong's was a grant, but I am still reviewing Lee's filing. Not sure if it is considered a buy but dang it sure looks interesting and adds to the drama LOL
https://openinsider.com/search?q=LLEN

Far

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Comment by farstar on Sep 26, 2013 8:28pm

Lee had put the shares up for collateral on a personal loan. He paid back the loan and reclaimed the shares. Here is what it says at the bottom of the sec filing...... Explanation of Responses: 1. The Reporting Person pledged his 750,447 shares of common stock of L & L Energy, Inc. as collateral for a personal loan. On September 26, 2013, the Reporting Person reclaimed his ...more

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Comment by farstar on Sep 26, 2013 8:34pm

Fongs grant was a bonus compensation. BTW when you open the link, click on the date under the SEC form 4 column. Far https://openinsider.com/search?q=LLEN

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Comment by farstar on Sep 26, 2013 8:52pm

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 ...more

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L&L Energy, Inc.