Dec 6th 2007, 11:45 LNL L&L Financial Services
by Lindsay Druart

LLCA Shares Given to LLBT Shareholders REDUX

Currently, the IPO for L&L Credit Reporting Agency will start December 7th and run for 45 days. 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 and plug at the back end of the system templates. The direct benefit to LLBT shares holders still stands and will be honored as such.

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. This is also one of the reasons we have decided to IPO LLCA on the same exchange as LLBT.

Dividends paid on those shares will go directly to your accounts as they would be your shares. There is no longer a need to hold the LLBT shares under the alt as all LLBT shareholders will hold LLCA shares. This listing will be calculated at the completion of the LLCA IPO and distributed within 24-48 hours.

In an effort to still maintain a sound dividend from LLCA shares, LNLBT Miles's shares from the conversion will be held in the bank alt and dividends recieved from LLCA will be included in LLBT profit.

What does this mean? An LLBT shareholder would get LLCA shares on the conversion, recieve dividends from the LLCA shares, and recieve dividends (if paid that month) from LLBT held LLCA shares. This would position an LLBT shareholder to see an ROI twice in the same month.

Feel free to email me at lindsay.druart@gmail.com if you have questions. Thank you for your continued support.

Sincerely,

Lindsay Druart