1.63 Coming .... LLEN death is near!! ahaha ... well ... Mr Lee gave his 750k shares as a collaterla. IF and only IF the info provided by LLEN are correct, Mr. Lee got 1m USD ... with a collateral of about 750k shares
that means a implied price of 1.33$ per share ...
this is about a 40% discount from the 2.20price LLEN had when the transaction was completed!
will we see ... Margin Call For Mr. LEE??
WILL THE FINANCIAL INSTITUTION SELL THE SHARES IN ORDER TO PROTECT ITS CAPITAL? ...
WHAT A BAD SITUATION FOR LLEN? ... -35% in 2 weeks! ... s-30% since the transaction has been announced!
LLEN ... a company without cash promising its shareholder a bright future ... with plenty of mines acquisitioN! ahah
Either the management is incompetent ... or it is frauduLLENt !!!