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Wednesday, August 10, 2011 7:55:35 PM
LL&E Royalty Trust Announces Development Regarding August 12, 2011 Special Meeting of Unitholders
| 2:45 PM |
AUSTIN, Texas--(BUSINESS WIRE)--LL&E Royalty Trust (Pink Sheets:LRTR) announced that Premier Bank & Trust, National Association, has informed The Bank of New York Mellon Trust Company, N.A. (the “Trustee”) that Premier is no longer willing to serve as successor trustee of LL&E Royalty Trust (the “Trust”). At the request of a unitholder holding more than 10% of the Trust units (the “Proponent”), the Trustee has called a meeting of unitholders to vote on a proposal made by the Proponen
Related News: Similar Content http://feeds.businesswire.com/click.phdo?i=1606cdbf7e77cc51e0ff97853d5bb14b#rssowlmlink
LRTR Security Details
Share StructureMarket Value1 $21,840,000 a/o Aug 09, 2011
Shares Outstanding 18,991,304 a/o Nov 09, 2005
Float Not Available
Authorized Shares Unlimited a/o
Par Value Not Available
http://www.otcmarkets.com/stock/LRTR/company-info
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| 2:45 PM |
AUSTIN, Texas--(BUSINESS WIRE)--LL&E Royalty Trust (Pink Sheets:LRTR) announced that Premier Bank & Trust, National Association, has informed The Bank of New York Mellon Trust Company, N.A. (the “Trustee”) that Premier is no longer willing to serve as successor trustee of LL&E Royalty Trust (the “Trust”). At the request of a unitholder holding more than 10% of the Trust units (the “Proponent”), the Trustee has called a meeting of unitholders to vote on a proposal made by the Proponen
Related News: Similar Content http://feeds.businesswire.com/click.phdo?i=1606cdbf7e77cc51e0ff97853d5bb14b#rssowlmlink
LRTR Security Details
Share StructureMarket Value1 $21,840,000 a/o Aug 09, 2011
Shares Outstanding 18,991,304 a/o Nov 09, 2005
Float Not Available
Authorized Shares Unlimited a/o
Par Value Not Available
http://www.otcmarkets.com/stock/LRTR/company-info
[img][/img]
[img][/img]
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Never, invest with money you need to survive. Diversify, patience, set tight stops. $20 or less in commission fees is almost always cheaper than a 5-40%+ drop in share value.
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