InvestorsHub Logo
Followers 75
Posts 13313
Boards Moderated 0
Alias Born 04/10/2013

Re: KVAman post# 54

Monday, 03/01/2021 12:14:02 PM

Monday, March 01, 2021 12:14:02 PM

Post# of 56
Per the SEC in the LBCC Revocation Order....

No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence.


Sorry to say, but the shares cannot be traded, so it is pretty much over. There is a very remote possibility another Company could do a private transaction to acquire the former LBCC and its assets. Of course this assumes tangible assets even exist. Those holding defunct LBCC shares would then receive an allocated portion of the buyout proceeds. This rarely happens.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.