UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of
Report (Date of earliest event Reported)
L
& L Energy, Inc.
(Exact
name of registrant as specified in its charter)
Nevada
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91-2103949
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(State
or other jurisdiction of
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(Commission
File Number)
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(IRS
Employer Identification No.)
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incorporation)
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130
Andover Park East, Suite 101, Seattle WA 98188
(Address
of principal executive offices) (Zip Code)
(206)
264-8065
Registrant’s
Telephone Number, Including Area Code
(Former
name or former address, if changed since last report.)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Forward
Looking Statements
This Form
8-K and other reports filed by L & L Energy, Inc. (the “Registrant” or
“Company”) from time to time with the Securities and Exchange Commission
(collectively the “Filings”) contain or may contain forward looking statements
and information that are based upon beliefs of, and information currently
available to, the Registrant’s management as well as estimates and assumptions
made by the Registrant’s management. When used in the Filings, the
words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan”,
or the negative of these terms and similar expressions as they relate to the
Registrant or the Registrant’s management identify forward looking
statements. Such statements reflect the current view of the
Registrant with respect to future events and are subject to risks,
uncertainties, assumptions, and other factors (including the risks contained in
the section of the Registrant’s Form 10-K entitled “Risk Factors”) relating to
the Registrant’s industry, the Registrant’s operations and results of
operations, and any businesses that may be acquired by the Registrant. Should
one or more of these risks or uncertainties materialize, or should the
underlying assumptions prove incorrect, actual results may differ significantly
from those anticipated, believed, estimated, expected, intended, or
planned.
Although
the Registrant believes that the expectations reflected in the forward looking
statements are reasonable, the Registrant cannot guarantee future results,
levels of activity, performance, or achievements. Except as required
by applicable law, including the securities laws of the United States, the
Registrant does not intend to update any of the forward looking statements to
conform these statements to actual results.
Item 2.01 Completion of Acquisition or
Disposition of Assets.
L&L entered
into an agreement to sell its 93% equity interest in Hon Shen Coal Co., Ltd.
(“HSC”) to Guangxi Luzhou Lifu Machinery Co. Limited. HSC operates coal washing
and coking facilities in Yunnan, China. The total sale price is
approximately US$ 6 Million, of which US $ 2.52 Million will be paid directly to
L&L in three installments and US $3.48 Million will be contributed into HSC
to pay outstanding liabilities.
The above
provides only a brief description of the agreement. A full English
translation of the Agreement is attached hereto as Exhibit 10.1. Copy of the
governing agreement, in Chinese, is available in L&L’s
office.
Exhibit:
10.1
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Equity
Sale and Purchase Agreement between L & L Energy, Inc. and
Guangxi Liuzhou Lifu Machinery Co. Ltd. dated April 18,
2010 (English Translation)
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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L
& L ENERGY, INC.
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(Registrant)
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By:
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Dickson
V. Lee,
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Chief
Executive Officer
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