ORLANDO, Fla., April 16, 2009 (GLOBE NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., today announced it has initiated research coverage on L&L International Holdings, Inc. (OTCBB:LLFH), a company operating profitable coal mines through its subsidiary, L&L Coal, in China's Yunnan Province.
Ajay Mohan, MFM, analyst for RedChip, reported:
"LLFH is emerging as a coal player with bright prospects, and one we believe will be able to survive the stiff competitive winds arising in the coal market in China. Under its current management, the Company has successfully transformed into one of the leading coal companies in the Yunnan Province, demonstrating consistent growth and profitability."
Mohan continued: "Coal is vital to China as domestic oil and natural gas reserves are not sufficient and no feasible alternatives are yet available. Despite price volatility in the coal market, we believe the Company can maintain its impressive growth going forward given the increased production from its current and soon-to-be operating mines. We are initiating coverage of LLFH with a 'Buy' recommendation and a 12-month target price of $5.55."
To receive a complimentary copy of the RedChip Visibility Research Report for L&L, please visit: http://www.redchip.com/about/aboutmain.asp?page=vreport&reportid=172&from=pr4162009
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Qingdao, China; Paris, London, Atlanta, Los Angeles and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV, and RedChip Radio. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
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Disclosure
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. L&L International Holdings, Inc. (LLFH) paid RedChip Visibility, a division of RedChip Companies, Inc., thirty thousand shares of common stock for RedChip Visibility Program services, which included the preparation of this equity research report. RedChip Companies, Inc., is currently engaged by this company to provide investor relations services. RedChip Companies, Inc. received fifty thousand shares for six months of these services. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein. This report is not a recommendation of a solicitation to purchase or sell any security, nor does it constitute investment advice. To the fullest extent permissible under applicable law, RedChip Companies, Inc. will not be liable to you or anyone else for the quality, accuracy, completeness, reliability, or timeliness of this information.