Hello everybody,
It's a pleasure for me to see that ISE approved the IPO of LEM and I thank them as well as their users very much for this support and confidence. We will try hard to create value for our existing and potential stakeholders even in an environment which is not always developing to the positive. We just have to think on the latest policy change of LL in relation to OpenSIM. Again a strategy change on the back of the users/clients coupled with not existent communication but with probably important consequences. Do they copy WSE…lol?
This also will affect LEM as we are invested in some "real estate" virtual companies. As a consequence we will follow what is ongoing and react accordingly. As LEM abandoned its real estate business in SL we reduced our liabilities to zero in this field and we created room for new activities. We will select them carefully.
In the link below you will find our initial balance sheet plus some conservative P/L estimates for the month of November. It will give you an indication what we are up to and what you can expect. One of the major objectives is to develop LEM in such a way that it can afford a regular monthly dividend of 0.01 $L/share. As the investments we did in other companies weight heavily in our assets but only give small revenues this cannot be achieved in short time. Also we have to consider that some of those investments might increase their value and thus influence the NAV of LEM positively.
LEM
In conclusion we are still quite optimistic (I’m always one…lol) about the future development of LL and therefore too for LEM…You are invited to step in…! The IPO will be open till end of November 2008.
The NAV will be published regularly on our blog (http://lemurinvest.blogspot.com) till further notice. We plan to move the blog into a web in the coming months.
Greetz
Casper Trebuchet
CEO, LEM
Wednesday, October 29, 2008
Sunday, October 26, 2008
LEM at ISE?
As of today ISE accepted our candidature to become a listed company at the ISE stock exchange in SL.
Dear old and also interested new shareholders, please, feel free to inscribe you at ISE and vote for our listing...
http://www.intlstockexchange.com/punbb/viewpoll.php?id=617
We count on your support...;-)
in the same link you will also find a description of our activities we want to develop. Those are mainly focused on development on new derivaties which then should be traded on ISE, currency trading activities and virtual business development as investor or intermediary.
We plan to have 1.5 mio outstanding shares, 500k open to the public. Those shares are backed up with assets of 1.4 mio $L, cash 0f 700k $L and assets of 700k $L in shares of listed virtual companies. The IPO price per share is set at 1 $L. I will head this company.
If you have questions then please let me know. You also can use the forum of ISE for that purpose.
We really hope to see you again soon in SL and let you participate on our success.
Greetz
Casper Trebuchet
LEM
Dear old and also interested new shareholders, please, feel free to inscribe you at ISE and vote for our listing...
http://www.intlstockexchange.com/punbb/viewpoll.php?id=617
We count on your support...;-)
in the same link you will also find a description of our activities we want to develop. Those are mainly focused on development on new derivaties which then should be traded on ISE, currency trading activities and virtual business development as investor or intermediary.
We plan to have 1.5 mio outstanding shares, 500k open to the public. Those shares are backed up with assets of 1.4 mio $L, cash 0f 700k $L and assets of 700k $L in shares of listed virtual companies. The IPO price per share is set at 1 $L. I will head this company.
If you have questions then please let me know. You also can use the forum of ISE for that purpose.
We really hope to see you again soon in SL and let you participate on our success.
Greetz
Casper Trebuchet
LEM
Saturday, October 18, 2008
Back again!
Dear investors,
after some period which we used to restructure our business and also study the economic situation in SL we decided to list again.
If regulated RL economy run into such huge problems we experience nowadays, the unregulated SL economy cannot not doing worse. At least we know for sure that it is not regulated...lol
Our intention is therefore to continue our work of before. Screening SL and RL for companies with interesting business concepts and ideas, helps them to develop a corporate strategy, engages itself financially or arranges financial solutions and helps them to achieve success in the market. Furthermore, we will also continue to develop derivatives as we believe that ISE (http://www.intlstockexchange.com) starts to have a reputation and size which might allow to develop such products.
As before part of the benefits will go into the independent LEM Foundation. The foundations supports financially environmental projects and initiatives in SL and RL.
We sent a request to the stock exchange ISE today.
We hope to see you again soon.
Greetz
Casper Trebuchet
CEO, LEM
after some period which we used to restructure our business and also study the economic situation in SL we decided to list again.
If regulated RL economy run into such huge problems we experience nowadays, the unregulated SL economy cannot not doing worse. At least we know for sure that it is not regulated...lol
Our intention is therefore to continue our work of before. Screening SL and RL for companies with interesting business concepts and ideas, helps them to develop a corporate strategy, engages itself financially or arranges financial solutions and helps them to achieve success in the market. Furthermore, we will also continue to develop derivatives as we believe that ISE (http://www.intlstockexchange.com) starts to have a reputation and size which might allow to develop such products.
As before part of the benefits will go into the independent LEM Foundation. The foundations supports financially environmental projects and initiatives in SL and RL.
We sent a request to the stock exchange ISE today.
We hope to see you again soon.
Greetz
Casper Trebuchet
CEO, LEM
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