Surf,
There is no need for a new CEO. Once the December 4th settlement hearing on the civil lawsuit that just gives $800,000 to the lawyers and the January 9th Dickson V. Lee sentencing hearing, L&L will announce it has been sold to Union Coal of China for the unheard of sum of $4 million ($0.10 per share). Dickson Lee will be sentenced to time served, a $500,000 fine and allowed to leave the United States. He will become the CEO of Union Coal and will reap the profit benefits of our money and technology.
The December 4th hearing will not hold L&L guilty of anything and bar stockholders from any further class action lawsuits on financial reporting or fraud activities.
Lee wins, Robinson wins, the Lawyers win, AND WE LOSE! End of the L&L story.
Now if you are quick and ignore those who think L&L will somehow "rise from the ashes" on this matter, you can start by objecting to the civil lawsuit settlement. You have about 40 days to get your objection to the court in Carson City and to the lawyers for both sides. They must have your objection along with evidence to support your statements, proof you were a shareholder on September 19, 2014 and the dates when you purchased L&L stock.
Second thing you can do is send in a "victim statement" if you owned the stock in the 2011-2012 time frame. That you can get from the DOJ office in Seattle. But it cannot be one of those that says it was all Lee's fault and L&L BOD are a great bunch of guys. This great bunch of guys did NOTHING while Lee committed fraud upon fraud. Also our CFO since 2011 and Fong were in on the scheme.
But it is up to you. If you believe in "rising from the ashes" is the best way for you: DO NOTHING and pray a lot. If you think otherwise, make your voice heard above these 2013 "johnny come lately L&L stock buyers" who are only trying to get a "10 bagger" off of your money.
