Saturday, July 28, 2007

Intermediary reporting for LEM/LFB/LWI

In accordance with WSE we have to report our business activitities which include our derivatives LFB and LWI.

However, it looks as our WSE account is wrecked due to technical problems which are minor we suppose but hinder us in doing our accounting properly.

Anyway, our regular reporting for LEM will occur on 31th July. For the time being we only can contest that we are on track and will pay a monthly dividend of .04 $L/share for LEM. A complete report will be produced on 2nd August together with the dividend payment.

For LFB and LWI it is almost impossible to come up with concrete statements as we are still struggling with the new WSE-system.

LFB and LWI got also trembled by the new LL gameing politicy, however, negative effects could be neutralized. Whether secondary effects of the LL-politicy will affect other business activites in SL like real estate it is still to early to conclude something.

LWI will not change its strategy as the index is reflecting the average market and gameing is part of it. We continue to apply our criteria to select titles as they were published on our blog (httP://lemurinvest.blogspot.com) independently whether they are active in the game industry or not.

Greetz
Casper Trebuchet

LEM, CEO
House of derivatives (LFB, LWI)
http://lemurinvest.blogspot.com

No comments: