ORLANDO, Fla., June 7, 2011 (GLOBE NEWSWIRE) -- RedChip Research™, a division of RedChip Companies, Inc., today announced it has issued an analyst note on L & L Energy, Inc. (Nasdaq:LLEN), a company engaged in coal mining, washing, coking and distribution in Yunnan and Guizhou Province.
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None of the reports issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security nor do they constitute investment advice. RedChip certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analyst in the report.Information contained in the research reports is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed.On February 15, 2011, L & L Energy, Inc. ("LLEN") agreed to pay RedChip Companies, Inc., a monthly fee of $4,500 for twelve (12) months of investor relations services, with the option to terminate the agreement with RedChip after six (6) months of service. RedChip is currently continuing research coverage of LLEN on an independent basis. On July 7, 2010, LLEN paid RedChip Companies, Inc., 15,000 shares of Rule 144 stock for twelve (12) months of RedChip Visibility Program and RedChip investor awareness services, with the option to terminate the agreement with RedChip after six (6) months of service. RedChip Visibility Program services include the preparation of the equity research report(s). The equity research report(s) are prepared for informational purposes only and are paid for by the company portrayed in the report. The equity research report(s) are not a recommendation of a solicitation to purchase or sell any security, nor do they constitute investment advice. Investor awareness services and programs are designed to help companies communicate their investment characteristics. These services may include investor conferences, digital and print distribution of LLEN investor-related materials, investor road shows and radio programming. LLEN agreed to pay RedChip Companies, Inc., a monthly fee of $8,000 in cash for twelve (12) months of these services. On July 7, 2009, L&L International Holdings, Inc. paid RedChip Visibility, a division of RedChip Companies, Inc., 30,000 shares of free-trading common stock for RedChip Visibility Program services and agreed to pay an additional 50,000 shares of common stock under Rule 144 for six (6) months of investor awareness services. RedChip Companies, Inc., employees and affiliates may maintain positions and buy and sell the securities or options of the issuers mentioned herein.
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