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LLEN Revenues increased by 280% and EPS by 336% year-over-year, exemplifying the effectiveness of the Company’s aggressive growth strategy.

LLEN acquired the Hong Xing Coal Washing Factory, the Ping Yi Coal Mine and the ZoneLin Coal Coking facility in 3QFY10. These three acquisitions are expected to generate revenue of approximately $62 million per year.

LLEN has entered into a Memorandum of Understanding (MOU) with Shunda Mining Company to continue discussions of the acquisition of Shunda Mining Company ("Shunda), including its two existing coal mines (total existing mining production of 750,000 tons per year) and a coal washing facility (total existing annual production of 900,000 tons per year). The Acquisition, a part of L&L's strategic expansion plans, is anticipated to be completed in 2010 will enable L&L to better serve the growing demand for coal and energy supply in China.

LLEN trades at an 11.3 P/E multiple in a sector that trades at a 31.5 P/E multiple.

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