Financial report LEM: JaN-FEB 2013 (liquidation)

LEM ended the first two months of 2013 with a net profit of 156'000 (217’000) $L. The overall value of our portfolio (NAV),evaluated at last market prices is actually at 2.05 (0.70) $L/share. Dividend will be distributed on 1st March 2013.

Details are given under :
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc#gid=8

Shareholder’s equity: 4'188'000*) (1’410’000) $L (*) valued at market prices
Net Profit: 156'000 (217'000) $L
Dividend: 400'000 (150’000) $L
2’000’000 shares, nominative value: 0.5 $L/share
NAV: 2.05 (0.70) $L

----------------------- Figures in ( ) of last month

Liquidation progresses as scheduled. A first liquidation dividend of 400'000 $L will be distributed to the shareholders on 1st March 2013.

In order to liquidate LEM in the best of all ways, we will start to do auctions next week, so be prepared. All received funds as well as still inflowing other revenues minus some basic expenses (office) will be distributed as dividends (100%) till the company is fully liquidated.

I will place and maintain a purchase order for all those who already want to sell their LEM shares. Right now that price is set at 1.5 $L/share. It will be adjusted to the actual remaining value of LEM in a continuouse way.

Happy trading to all of you at CAPX....

Greetz

Casper Trebuchet
LEM, chairman

http://lemurinvest.blogspot.com