LLCA Shares Given to LLBT Shareholders

Currently, the IPO for L&L Credit Reporting Agency ends November 30th. The system is already live and uploads will occur in the next week as we wrap up the security of the L&L Bank and Trust system. In an effort to maintain LLBT shareholder value, I am proposing an opportunity for direct benefit to LLBT shareholders.

If the LLCA IPO fills in completion by the due date, the 40% shares held by LNLBT Miles, the banks alt, will be distributed directly to the LLBT shareholders at a 3:1 split. This means for every 3 shares of LLBT held at the end of the LLCA IPO, the shareholder will recieve 1 share of LLCA.

I do know that some LLBT shareholders have issues with WSE as holding shares there and I do not want anyone to miss out on this opportunity because of that so those shares will be held in the bank alt, LNLBT Miles, and a log created with the shares that you would recieve. If an LLBT customer would like to sell their LLCA shares and do not have or want a WSE account, they would simply need to submit a support ticket on the http://www.myllbt.com and we will sell the shares and deposit the funds to the bank account. Also, dividends recieved on those shares will be credited to the bank account of the shareholder.

This would change how dividends are recieved from LLCA profits as the shareholders at the completion of the LLCA IPO will benefit, rewarding past LLBT shareholders that remain rather than paying dividends to day traders. Keep in mind, there is nothing wrong with day trading but it does create a bump in the value that long term investors get from dividends.

Keep in mind that the only way we can do this is if the LLCA IPO completes as that determines the conversion of shares and anything less would not be worth it to the LLBT shareholders. Feel free to email me at lindsay.druart@gmail.com if you have questions. Thank you for your continued support.