L and L Energy (fka LLEN)

[I-Man]

Must be ghosts trading this thing... LOL Over a year varying volumes, some very huge even...?? Wonder what future will hold in store here.

[I-Man]

WHooooaa now.... 54000 shares after open yesterday sold, then heavy buying up from there ...??? What's happening here? Anyone hear overseas?

[I-Man]

Hey, I tell you all, with amount of continued trading on this a year now, if only even some small iota of new details comes out such as family acquisition, new SEC filing, or other, this puppy will do what DRYS did back in November 2016 !!! I am not kidding either...

Something going on here for many months watching this... Did Lee give secrets out to one of his jail buddies perhaps???

[I-Man]

LLEN still actively being traded on exchange...

[I-Man]

From my brokerage on this trading daily:

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


Market Cap 621.6K
Shares Outstanding 43.5M

EPS (TTM, GAAP)--
P/E Ratio (TTM, GAAP)0.03x
Annual Dividend/Yield No dividend
Ex-dividend No dividend
Beta3.5

% Held by Institutions0.12
Short Interest --

[I-Man]

Amazing watching something that normally should not be occurring, yet is for many months now on daily basis...

[Neverhadawinner]

I-Man

Who knows what is going on. I too have seen strange things over my lifetime of 69 years.

Maybe Lee will get out early or there is someone looking for an easy way to list a "new enterprise."

Still holding but unsure why.

Cousin

[I-Man]

Cousin someone knows something, as my brokerage now shows institutional ownership increased .02% from my last reporting.... ???

Might be worth watching as 2017 come in, and LEE gets out of jail in couple months' time as it is... Anything possible today in markets. I've seen it all over 30 years...

[I-Man]

MY brokerage still says/shows a small institutional ownership of this stock believe it or not. I am beside myself seeing the increased volumes and activity on this the last few months- then someone mailed me Lee getting out early for good behavior..>??

[I-Man]

Never, maybe Lee saw Christmas Spirits like Ebenezer Scrooge, and his family and friends are the ones scooping up all these shares the last few months...??? Can a criminal turn straight and restart again doing "the right thing"...?? Remains to be seen I guess...

[I-Man]

LOL, something going on. I know all that. My posts of recent were regarding all-of-sudden increasing trading & large volumes on this ticker...??? Curious.

But stranger things have happened before, and I have seen similar occur with other stocks and sidelined tickers being acquired...

[Neverhadawinner]

Mister Lee is in the Federal Pen!

Should get out around Mid 2017 with time off for good behavior.

Wonder if his relatives are planning a "get out of jail" party.

[I-Man]

What's your take on the increased volumes the last few months then??? Brokerage only says there is a market for the security and it has actively been traded more and more of late...

[I-Man]

Hey, I just happened to notice this in the last few weeks. Volume heavy yesterday and then today even greater... Weird? Strange? All I know is this thing is trading and by whom or for what remains to be seen I guess??? PPS moving up from subpenny to recognizable pricing... Stranger things have happened wtth stocks...

[surfer44]

What the market perceives as junk

btw I'm seeing the same thing

[I-Man]

LOL, I just had to post what I have been seeing here... Was great company, Just the corrupt CEO ran away with monies then... Wonder if they ever found him>>>

[surfer44]

Buying a basket of junk and seeing what rises from the ashes. That's how John Templeton got his start, buying a basket of junk

[I-Man]

LEEN actively being traded on exchanges, in fact increased volumes the last few months.... Something is going on and possibly, someone new trying to acquire majority shares to control ticker to be utilized on new company???? We will have to see.

But facts are, this stock is alive, and someone/something is actively trading it so interesting to watch what comes of this going forward...

Especially with ENERGY being supported with new Trump Administration and this being an established "energy industry ticker symbol"...

[I-Man]

Something is happening with this stock. Someone is keeping it alive on the market.... Perhaps new acquirer of share control and the former company and turnaround? I have seen stranger things happen over the years...

[I-Man]

Hey! Someone wake the sleeping lion here after all these months???

[I-Man]

Just DOA here...

[I-Man]

Stock still has someone buying/selling it...?

[I-Man]

Well something is going on quietly, after yesterday's market move, may signal possible acquisition going on for this company and its ticker by somebody...??? Possible shareholder ticker/stock replacement for shares of acquiring company stock???

We will see.

[Neverhadawinner]

Lawsuit claims update

I checked with the Claims Administrator (Strategic Claims Services) about the status of my claims. They replied they are in the calculation of total claims submitted and that verification process.

They said it will take months to verify all claims and calculate what each share will receive. They said such processing can take up to a year with the start date of May 2015.

Don't look for anything soon on the lawsuit. And as long as this is in the works, don't look for anything from LLEN. Matter of fact I think all the company property has been stolen and stocked away waiting for Lee to get out of jail.

He will then return to China and live well off of our money.

[I-Man]

Very sad. maybe if Trump becomes President we can really clean up ethics in the securities markets once and for all...?

Obama promised too and lied to everyone, and was in bed with many Hedge Fund operators and the like on Wall Street. I still have (2) letters from him from White House showing the sheer hypocricy and double talk he is about as things only got worse for the average American.

[I-Man]

???? She is still actively trading...

[Neverhadawinner]

Lawsuit update

8-03-2015

Case closed and settlement is approved. Leads got $5000. Lawyers got $1.3 million. The rest got about $0.04 per share in a couple of years once the lawyers get around to sending out the settlement. Until then the share holders are paying for the trips to Europe for the lawyers on interest earned.

We will see if this loser company will post anything about the settlement, financials or who now owns L&L Energy assets.

Farewell to all and better luck in your next lives.

[Missing]

Lawsuit update

On Pacer, the New York Southern District Lawsuit against L&L Energy has been transferred to Magistrate Judge Andrew J. Peck.

The settlement is opposed by Mark J. Levine and Joseph D. Bessent.

The new hearing date is July 31, 2015 at 0930 in courtroom 20D, 500 Pearl Street, New York, New York, 10007

Case number in 1;13-cv-06704-AJP

Magistrate Judge Peck has accepted a petition to keep the settlement date as June 26, 2015 based on settlement agreement. The July 31, 2015 hearing is a Fairness Hearing with appeals allowed.

The connected case number is 1:14-cv-03860-RA under Judge Ronnie Abrams.

[I-Man]

JUne 26, 2015 at 10:00am EST, in courtroom 1506 before Judge Ronnie Abrams, US District Court, New York.. ......

""If you purchased LLEN stock between August 13, 2009 & September 18, 2013 ....""

[surfer44]

re $LLEN: Proposed Class Action Settlement

http://finance.yahoo.com/news/rosen-law-firm-p-faruqi-120000152.html

[scion]

Coal company L&L Energy founder gets 5 years in U.S. prison for fraud

By Joseph Ax
Fri Feb 20, 2015 6:36pm EST
http://www.reuters.com/article/2015/02/20/usa-fraud-llenergy-idUSL1N0VU2QK20150220

(Reuters) - The founder of coal company L&L Energy Inc was sentenced to five years in prison Friday for lying to U.S. regulators about who was operating the company and issuing shares to Chinese investors without disclosing the existence of a regulatory probe.

Dickson Lee, 66, pleaded guilty to two counts of securities fraud in September and was sentenced in federal court in Seattle, Washington.

L&L Energy, which had all of its operations in China and Taiwan, also pleaded guilty in January.

Prosecutors said Lee falsely reported in U.S. Securities and Exchange Commission filings that he had a chief financial officer in place, as well as adequate internal controls, in an effort to get the company listed on a national stock exchange.

In addition, Lee issued 730,000 shares of stock to third-party investors whom Lee then instructed to sell the stock in order to generate revenue for the cash-strapped company, authorities said. Lee, however, failed to disclose that the SEC had already opened an investigation into the company, according to prosecutors.

Lee's lawyer, Russ Aoki, said in an email that Lee had tried his best to make L&L successful and accepted his sentence with "his head up."

"It was his creation, his job, and most of all his passion," Aoki said. "But Mr. Lee recognizes now that he did not have the experience to run a rapidly growing publicly traded company."

Lee is facing a parallel civil case by the SEC.

An investor class action filed against the company for false filings and other misconduct in New York federal court recently settled for $3.5 million and is awaiting final approval from a U.S. judge.

The case is U.S. vs. Lee et al., U.S. District Court for the Western District of Washington, No. 14-24.

http://www.reuters.com/article/2015/02/20/usa-fraud-llenergy-idUSL1N0VU2QK20150220

[scion]

CEO of China-based energy company heaquartered in Tukwila sentenced to five years for securities fraud

Today at 11:45AM
http://www.tukwilareporter.com/news/293003291.html

From a press release:

The Chief Executive Officer of an energy firm headquartered in Tukwila, Washington, was sentenced Friday in U.S. District Court in Seattle to five years in prison, three years of supervised release and a $10,000 fine for two counts of Securities Fraud, announced Acting United States Attorney Annette L. Hayes.

Dickson Lee, 66, served as the CEO of L & L Energy, Inc., until his arrest last year. L&L, a formerly NASDAQ listed company, purported to be engaged in various aspects of the coal business including mining, washing, and wholesale distribution of coal, all within the People’s Republic of China.

Lee falsified reports to the U.S. Securities and Exchange Commission (SEC) regarding the existence of a Chief Financial Officer and, in a separate scheme, issued under false pretenses hundreds of thousands of shares of L&L stock to individuals controlled by Lee in a scheme to raise cash for the company.

At the sentencing hearing U.S. District Judge Richard A. Jones said the case should send a message to CEOs, “if you engage in deceit and false representations. . . there will be severe consequences.”

“Investors rely on the representations made by publicly traded companies, both in accounting records and their filings with regulators such as the Securities and Exchange Commission,” said Acting U.S. Attorney Annette L. Hayes in a press release. “Mr. Lee’s fabrications about key facts concerning his company undermined one of the foundations of our capital markets. That is what he has been held to account for today.”

According to records in the case, in 2008 and 2009, while trying to get L&L stock listed on a national exchange, Lee falsely reported the identity of the company’s Chief Financial Officer (CFO) and lied about the existence of adequate internal controls in public SEC filings.

In fact, the person Lee claimed was the CFO had refused to accept the position, and L&L had no CFO to ensure accurate financial reporting. In 2009, when the purported CFO discovered the fraud, Lee paid the individual tens of thousands of dollars in cash and stock in exchange for her silence, and never disclosed the arrangement to shareholders.

Finally, in 2013, during a subsequent SEC investigation, Lee falsely testified under oath about the CFO’s role in the company.

In the second count of Securities Fraud, Lee admits that in 2011 and 2012, he issued 730,000 shares of company stock to third-parties in China who, at Lee’s direction, sold the shares on the market to generate revenue for cash-strapped L&L.

At the time, Lee knew that the SEC had initiated an investigation into L&L’s affairs and that raising cash through established investment banks was no longer a viable option. Lee also knew that L&L’s Board had been specifically advised that it could not authorize the direct issuance and sale of stock without public disclosure of the investigation.

Lee, therefore, secretly issued L&L stock to China-based individuals under false pretenses and then directed their sale without ever disclosing the truth about the company. In order to further conceal his actions, Lee directed that the shares be falsely recorded in L&L’s accounting records as having been issued for compensation for services, although none of these individuals provided any benefit to L&L in return for the shares.

“This case should serve as a warning to those out there who think that rules don’t apply to them, who let their greed outweigh their obligation to the public trust,” said Special Agent in Charge Frank Montoya, Jr., of the FBI’s Seattle field office. “Those people should know the FBI is deeply committed to protecting the community against those who would violate that trust.”

In their sentencing memo, prosecutors explain how these crimes impact the investing public, writing to the court: “Dickson Lee’s conduct was particularly egregious because he flagrantly and repeatedly sought to undermine basic gatekeeping systems erected to prevent unaccountable corporate executives from fleecing investors….Lee…betrayed a deep contempt for the regular investor. The consequence of Lee’s actions is continued mistrust by the public in corporate executives, erosion of confidence in the securities markets, and significantly higher investment costs as investors spend more to conduct their own due diligence. This limits participation and the result is a less open and less liquid market to the detriment of the economy.”

The case was investigated by the FBI. A parallel civil case is being pursued by the SEC. The case is being prosecuted by Assistant United States Attorney Kathryn Kim Frierson.

http://www.tukwilareporter.com/news/293003291.html

[I-Man]

Guess we wait till April. Anythign is possible.

LOOK at the $MULTI-Billion mortgage fraud played upon us citizens and global investors from likes of BAC, WFB,C, et. al and they get away paying fines and still lust on securities exchanges and doing loans to date...

[scion]

01/22/2015 69 REPORT AND RECOMMENDATION re Plea of Guilty as to L&L Energy, Inc. by Hon. Mary Alice Theiler. (cc: USPO) Noting Date 2/6/2015, (Attachments: # 1 Proposed Acceptance of Plea) (BB) (Entered: 01/22/2015)

Doc 69 PDF file
https://www.scribd.com/doc/253546685/USA-v-Lee-et-al-Doc-69-filed-22-Jan-15-pdf

[scion]

Pacer update 23 Sep 14 - USA v. Lee et al - CRIMINAL DOCKET FOR CASE #: 2:14-cr-00024-RAJ-1

https://ecf.wawd.uscourts.gov/cgi-bin/iquery.pl


Date Filed # Docket Text

01/23/2015 70 NOTICE of Filing of L&L Energy Board of Directors Resolution and Accompanying Certification by L&L Energy, Inc. as to Dickson Lee, L&L Energy, Inc. (Bartlett, Mark) (Entered: 01/23/2015)

01/22/2015 69 REPORT AND RECOMMENDATION re Plea of Guilty as to L&L Energy, Inc. by Hon. Mary Alice Theiler. (cc: USPO) Noting Date 2/6/2015, (Attachments: # 1 Proposed Acceptance of Plea) (BB) (Entered: 01/22/2015)

01/22/2015 68 PLEA AGREEMENT as to L&L Energy, Inc. (cc: USPO, FLU, AFU) (Attachments: # 1 L&L Energy Board of Directors Resolution)(BB) (Entered: 01/22/2015)

01/22/2015 67 Minute Entry for proceedings held before Hon. Mary Alice Theiler- CRD: B. Beetham; AUSA: Katheryn Frierson; Def Cnsl: Mark Bartlett; Court Reporter: Digital Recording; Time of Hearing: 10:00 AM; Courtroom: 12B; CHANGE OF PLEA HEARING as to L&L Energy, Inc. held on 1/22/2015. Defendant's Counsel and authorized representative present on behalf of L&L Energy, Inc. Counsel files L&L Energy Board of Directors Resolution authorizing Counsel to enter a plea on behalf of the company. Counsel placed under oath and advised of rights/charges/penalties; Defendant's authorized representative executes Consent to Rule 11 Plea in a felony case before a U.S. Magistrate Judge; Court reviews the plea agreement; L&L Energy, Inc. (2) pleads GUILTY to Count 6. Remaining Counts to be dismissed at sentencing. Court finds the Defendant, through its authorized representative, is competent to enter a guilty plea; Court signs the Report and Recommendation and Counsel have fourteen days to file objections; Court orders the preparation of a Presentence Report.
Sentencing set for 4/24/2015 at 09:00 AM in Courtroom 13106 before Judge Richard A Jones. (BB) (Entered: 01/22/2015)

01/22/2015 66 CONSENT TO RULE 11 PLEA in a felony case as to L&L Energy, Inc. (BB) (Entered: 01/22/2015)

01/21/2015 65 Letter from David Townsend to Court as to defendant Dickson Lee, L&L Energy, Inc. (VE) (Entered: 01/21/2015)

01/21/2015 64 Letter from David Cline to the Court as to defendant Dickson Lee, L&L Energy, Inc. (VE) (Entered: 01/21/2015)

01/20/2015 63 Letter from Ellen Au & Co in Hong Kong re K.C. Au (RS) (Entered: 01/21/2015)

01/12/2015 Reset Hearing as to Dickson Lee: SENTENCING is continued to 2/20/2015 at 9:00 AM in Courtroom 13106 before Judge Richard A. Jones. (VE) (Entered: 01/12/2015)

01/02/2015 NOTICE of Docket Text Modification as to defendant Dickson Leere 61 Memorandum, : DISREGARD THIS FILING, FILED IN ERROR. REFILED AS 62 (PS) (Entered: 01/02/2015)

01/02/2015 62 SENTENCING MEMORANDUM by USA as to Dickson Lee (Attachments: # 1 Exhibit)(Frierson, Katheryn) (Entered: 01/02/2015)

01/02/2015 61 DISREGARD THIS FILING, FILED IN ERROR. REFILED AS 62 MEMORANDUM by USA as to Dickson Lee re 51 REPORT AND RECOMMENDATION re Plea of Guilty as to Dickson Lee by Hon. Mary Alice Theiler. (cc: USPO) (Attachments: # 1 Exhibit)(Frierson, Katheryn) (PS). (Entered: 01/02/2015)

01/02/2015 60 Certificate of Service by Dickson Lee re 59 Declaration (non motion), 58 Sentencing Memorandum (Aoki, Russell) (Entered: 01/02/2015)

01/02/2015 59 DECLARATION by Dickson Lee re 58 Sentencing Memorandum filed by Dickson Lee (Attachments: # 1 Exhibit)(Aoki, Russell) (Entered: 01/02/2015)

01/02/2015 58 SENTENCING MEMORANDUM by Dickson Lee (Aoki, Russell) (Entered: 01/02/2015)

10/23/2014 54 ORDER CONTINUING TRIAL DATE as to L&L Energy, Inc. 53 Joint MOTION to Continue Trial filed by USA is GRANTED. Jury Trial is continued to 2/17/2015 at 9:00 AM in Courtroom 13106 before Judge Richard A. Jones. (cc: PTS/USPO, USMO) (VE) (Entered: 10/23/2014)
10/16/2014 53 Joint MOTION to Continue Trial by USA as to L&L Energy, Inc. (Attachments: # 1 Proposed Order, # 2 Speedy Trial Waiver) Noting Date 10/16/2014, (Frierson, Katheryn) (Entered: 10/16/2014)

10/08/2014 52 ORDER OF ACCEPTANCE OF PLEA OF GUILTY, ADJUDICATION OF GUILT, AND NOTICE OF SENTENCING as to Dickson Lee by Judge Richard A Jones. (cc: USPO) (RS) (Entered: 10/08/2014)



U.S. District Court
United States District Court for the Western District of Washington (Seattle)
CRIMINAL DOCKET FOR CASE #: 2:14-cr-00024-RAJ All Defendants

Case title: USA v. Lee et al
Date Filed: 01/29/2014
Assigned to: Judge Richard A Jones

Defendant (1)
Dickson Lee
represented by Debra Wong Yang
GIBSON DUNN & CRUTCHER (L.A.)
2029 CENTURY PARK E
STE 4000
LOS ANGELES, CA 90067-3026
213-229-7000
Email: [e-mail]
TERMINATED: 04/28/2014
LEAD ATTORNEY
PRO HAC VICE
Designation: Admission Pro Hac Vice

Robert S Mahler
DORSEY & WHITNEY (WA)
701 FIFTH AVENUE
SUITE 6100
SEATTLE, WA 98104-7043
206-903-8800
Email: [e-mail]
TERMINATED: 04/28/2014
LEAD ATTORNEY
Designation: Retained

Russell M Aoki
AOKI LAW PLLC
720 OLIVE WAY STE 1525
SEATTLE, WA 98101
206-624-1900
Email: [e-mail]
ATTORNEY TO BE NOTICED
Designation: Retained

Pending Counts
Disposition
Securities Fraud 18:1348 & 2
(1-6)
18:1348 and 2: Securities Fraud
(1s-6s)
False Certification of Financial Reports by Corporate Officer 18:1350(c)(1) & (c)(2) & 2
(7-9)
18:1350(c)(1) and (c)(2); and 2- False Certification of Financial Reports by Corporate Officer
(7s-9s)
False SEC Filing 15:78m(a0 & 78ff & 18:2
(10)
15:78m(a)and 78ff and Title 18, Section 2- False SEC Filing
(10s)

Highest Offense Level (Opening)
Felony

Terminated Counts
Disposition
None

Highest Offense Level (Terminated)
None

Complaints
Disposition
None
Assigned to: Judge Richard A Jones

Defendant (2)
L&L Energy, Inc.
represented by Mark N Bartlett
DAVIS WRIGHT TREMAINE (SEA)
1201 THIRD AVENUE STE 2200
SEATTLE, WA 98101-3045
206-622-3150
Email: [e-mail]
ATTORNEY TO BE NOTICED
Designation: Retained

Pending Counts
Disposition
18:1348 and 2: Securities Fraud
(1-6)
15:78m(a)and 78ff and Title 18, Section 2- False SEC Filing
(10)

Highest Offense Level (Opening)
Felony

Terminated Counts
Disposition
None

Highest Offense Level (Terminated)
None

Complaints
Disposition
None

Plaintiff
USA
represented by Katheryn Kim Frierson
US ATTORNEY'S OFFICE (SEA)
700 STEWART ST
STE 5220
SEATTLE, WA 98101-1271
206-553-7970
Email: [e-mail]
LEAD ATTORNEY
ATTORNEY TO BE NOTICED
Designation: Assistant US Attorney

https://ecf.wawd.uscourts.gov/cgi-bin/iquery.pl

[Neverhadawinner]

I-Man

Today, L&L Energy pleaded guilty to one count of securities fraud. The Government and the company have agreed to recommend to the judge the following punishment.

The company will be on probation for 5 years
and
The company will not list its stock on any US securities exchange nor sell any stock to any US citizen. It will not use any private placement as well.

Looks like we are holding worthless paper.

The hearing on this matter will be on 24 April.

It also was agreed there would be no compensation recommendation because it would hold up the settlement process and it would be too difficult to determine who lost what.

Small investors screwed again.

[I-Man]

Neverhadawinner, I agree 100% with you on every context.

I am a long time investor since 1980's and used to believe in justice, integrity, etc with securities markets because of "licensing requirements"; but after being involved in a VC consultancy & DD endeavor some years ago, and dealing to many in USA & global banking world for 6 years, realized that today especially, with total electronic trading and no more open outcry, the manipulation and deception and fraud is worse than ever and hidden behind so much loophole deals made by big hands who control said securities markets; generally abusing all retail investors whether you have $$ in IRA's to 401K's to simple private portfolios of securities like I and others have and manage.

[Neverhadawinner]

I Man

I have been in contact with the US District Washington State court about the Lee case. The January 9th sentencing was cancelled because the judge had an emergency. It is now scheduled for February 20th.

Also, the LLEN company trial is scheduled to begin on February 17th in Federal Court.

I have contacted the Carson City Nevada District court on the results of the lawsuit settlement. I was told my request will be processed on a first come first serve basis.

The wheels of justice really move slowly and are not intended for the little guys.

Finally, I will never get over what Lee and company have done to me as an investor. I have not bought another stock since and firmly believe the whole system is crooked. I sometimes wish ISIS would carryout their "hate" on all CEOs/CFOs. It would truly make the world better.

[I-Man]

Hearing canceled other day now? Are charges being dropped too? According to YahooFinance nothing happened to Mr. Lee. Is there somethign else going on which this was orchestrated to do or find out?

[surfer44]

Lee perpetrated during his plunder of the company.

We know about the false signature. Can you describe the plunder that Lee was engaged in?

[sharpei]

Coo2002, I am in full agreement with you. Some long time investors that I know may never recover the trauma that Lee perpetrated during his plunder of the company.

[I-Man]

Almost time...

[I-Man]

Well, the FBI has all my stock purchase records for LLEN and many questions answered for this upcoming hearing....

Simply get new executive Board and continue running this company and the future should be fine the way I see it...

Maybe, since they already have presence and global signed contracts to China, have the Russian industrial conglomerate Mechel OAO (MTL) acquire LLEN and its entire holdings to add to their larger portfolio already? They bought out a West VA coal operation not long ago.

[I-Man]

Well, I've been gone a while, but wanted to respond to letter I received from US Dept. of Justice last week and the hearing on this case coming up early January, 2015.

I completed a questionaire (as an Investor of LLEN shares) for the FBI some time ago (for this case/lawsuit) as I am sure other Investors had. This letter was a follow up for additional inquiry or statements we want to make prior this hearing for Lee.

What gets me though, is looking at the last 5 years or so in USA, how so many major corp leaders were engaged in fraudulent actions and get huge severances to leave those corps, many after ruining the companies (and many private peoples' lives), and here, you got Lee who admitted to siging a couple docs where the CFO was not present- yet so much hoodoo going on over this company here???? It does make me ask many questions why so much interest or focus on this "coal" company or Lee, when yet so much more bad has gone on, and continues out there within certain US corporations right now...

[surfer44]

An interesting tidbit, LLEN was mentioned in the book "The Little Book of Big Profits from Small Stocks" by Hilary Kramer. Pg. 114-115

[surfer44]

Is that about right?

Close enough on the numbers. I have to warn you this stock is a battleground, bellwether stock that has had multiple short attacks against it over the years. In fact this tiny stock was so important it was attacked on CNBC during trading hours.

[Helium-3]

Thanks surfer for giving me the heads up on this stock. These numbers crack me up. Please verify the following as I just want to make sure I have everything right (or maybe its the red wine talking):

43M o/s
$3.5M market cap
Shareholders equity: $247M (excluding non-controlling interest)
Revenue per the last report 3/17/2014 was $31.6M for the Q and $180M TTM or about $4.19 per share / EPS was $0.09 for the last reporting Q and $0.58 FD last 12 months

Is that about right?

Well, I would think this company is slightly undervalued by about a mile

PS looks like the settlement hearing is schedule for Dec 4th at 9 am in Carson City. I'll meet you at the courthouse!

[I-Man]

Guess we will see. Anything can happen. As of today about 1% of public shares are held by Institutions according to data.

[COO2002COO]

Well, I really do not know. I believe most longs have sold their shares (I got about 10k left only). To me, keeping the shares is only wishing for a miracle re-bounce.

[I-Man]

Heck COO, right now all major US banks and others have committed fraud and nothing happens to their execs except huge severance packages for making their corps even wealthier....

This is good to see all past negatives settled together in one fell swoop. Now all roads are to be paved in gold going forward IMHO...