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Mittwoch, 30.04.2014 19:44 von | Aufrufe: 241

L & L Energy is a Controversial Chinese Energy Play - Facts Are Elusive by BrokerBank Securities, Inc.

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PR Newswire

NEW YORK, April 28, 2014 /PRNewswire/ -- L & L Energy, Inc. (OTCQB: LLEN) is a highly controversial situation with an enigmatic story currently in a state of flux.  Taken at face value on paper this appears to be an incredibly successful success story in the rapidly growing Chinese coal / energy market. As reported in an April 8, 2014 article in The Seattle Times, LLEN CEO Dickson Lee, has resigned after his March 27 arrest and the unsealing of a 10-count indictment for securities fraud and false regulatory filings.

While it seems somewhat counterintuitive or implausible that serious fraud and misrepresentation on the scale that has been publicly alleged against LLEN could actually exist and go on for three years (or longer) it clearly seems imprudent for investors to ignore such allegations.

An analyst report which details key attributes of the products/services, an overview of the company and analyst comments can be viewed in its entirety by using the link below. There is no cost obligation required to view this report.

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FORWARD-LOOKING DISCLAIMER   
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.   

COMPLIANCE PROCEDURE   
Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Michael Anderegg, CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.


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SOURCE BrokerBank Securities, Inc.

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