LEM - pay back closed

Hello!

We are still around and even paid back our shareholders as far as we could rebuilt the shareholder list in relation to the assets we had outside WSE.

LEM still exists but as private company. We reduced our activities in SL and start using SL as a 3D-Web platform for RL activities. In relation to this we will smoothly close this blog and move to a Web address.

We are still here to support business ideas in SL but as said will do this only on a private basis.

We still believe - this is the optimist in me...lol - that virutal worlds have a great future for further development. However, either RL regulation enters those worlds where virtual money can be exchanged into real currency or this conversion has to stop. There are hardly any other solutions.

In some countries virtual money is already considered to be taxable, like flight miles etc...what is a good development in my eyes.

If rules are not clear virtual worlds just opens door to scammers or even more dangerous to unprofessional business ethics which in the end only cause harm as we have seen in repeated cases. Then it is only a question of time when regulation has to step in.

Anyway. it was a great time I could spend with you, my old former shareholders, and I hope to see you inworld again...

Greetz

Casper Trebuchet
LEM, CEO