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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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L&L Energy, Inc. > Dickson LEE Selling LLEN shares?

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Post by homestus on Nov 02, 2012 5:43pm

Dickson LEE Selling LLEN shares?

LLEN (in a PR) stated that the Management was interested in buying shares (when they announced the buy-back programm)!

What happened so far

Ed Moy ... bought 20k shares

The CFO sold 78k shares

and now ... ...

LEE (the Chairman) apparently sold 750447 SHARES???

that's more than 2% of the OS Balance

RESTRICTED SHARES TO SELL: 750,447        DATE REGISTERED: 10/31/2012APPROXIMATE DATE OF SALE: 10/29/2012

Form 144 Data Source: The Washington Service

... CAN ANYONE confirm that? ... lol? ...

Maybe Max Logan .. the wanna-be Joe Abrams ... knows something more than we do!?

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Comment by homestus on Nov 02, 2012 5:46pm

Or ... is this the small Ammount of Shares ... ... LLEN mentioned in the last PR? "L&L may issue cash and/or a small amount of LLEN shares to Union as additional consideration under the swap"

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L&L Energy, Inc.