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rawman

03/01/21 12:14 PM

#55 RE: KVAman #54

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.