LEM realized a net profit of 20'903 $L which allows us to pay a dividend of 0.01 $L/share. Our NAV slight increased to 1.22 $L/share compares to 1.14 $L/share last month.
The dividends will be paid as soon as LEM is traded at the main board. We hope that this will happen in short time. All outstanding shares will be considered for the dividend payment.
Our financials are given below
LEM
As you can see our earnings were slightly above predictions we made in October. This is mainly due to some lucky share trades we could conclude on ISE and VsTex.
Our cash position is important right now and will even grow with the IPO money we will get. We see this as temporarily status. There are different investment projects in SL we are investigating right now in which we are looking to invest.
The trading on the different $L exchanges allows us to realize some profits which cannot be neglected. Furthermore it has the advantage that this money can be made liquid in short time if we need it for an investment project. We will continue to do so.
On the derivative side LEM is a bit disappointed about the stock market development at ISE as such. There are now quite a few new companies listed at ISE and companies in general communicate and show some continuity. Some of them even have nice underlying business ideas. However, the market is extremely volatile due to small volumina and only a few buys or sells can destabilize the market completely. Under such circumstances it makes little sense to develop derivatives. LEM will continue to observe the market and react accordingly. We haven’t given up yet creating derivatives!
As always we are looking optimistic into the future and hope that LL will not add new restrictions or other not consumer friendly measures – St Nicholas has spoken here…lol…
Greetz
Casper Trebuchet
LEM
Monday, December 1, 2008
Saturday, November 29, 2008
Update and dividend for November 2008
We are very pleased that we sold already more than 300'000 shares in our IPO. Only 180'000 are remaining. This result is much more than we have expected. We thank all investors already in advance for their great support and confidence.
Our businesses was doing quite well during November. In relation to that we can already announce that a dividend of 0.01 $L/share will be paid as soon as LEM will enter the main board at ISE.
At that moment we will also publish more information about our financials and update you about our future plans.
Greetz
Casper Trebuchet
Our businesses was doing quite well during November. In relation to that we can already announce that a dividend of 0.01 $L/share will be paid as soon as LEM will enter the main board at ISE.
At that moment we will also publish more information about our financials and update you about our future plans.
Greetz
Casper Trebuchet
Wednesday, October 29, 2008
IPO at ISE accepted!!
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
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
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
Monday, June 9, 2008
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
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
Wednesday, May 14, 2008
LEM: Update
Hello,
It took some time but the reconstruction of the shareholderlist is now in what I have to consider the final status.
Next week I will start to reimbourse the shareholders. As said the price wil be 1.4 $L per share. It depends a bit on my RL occupancy, but I think I will do so on Monday. Keep an eye on your LL acount.
The shareholderlist is the following:
In case of problems or questions please don't hesitate to contact me. Inword by IM or better over my e-mail casper.trebuchet@gmail.com
Greetz
Casper Trebuchet
It took some time but the reconstruction of the shareholderlist is now in what I have to consider the final status.
Next week I will start to reimbourse the shareholders. As said the price wil be 1.4 $L per share. It depends a bit on my RL occupancy, but I think I will do so on Monday. Keep an eye on your LL acount.
The shareholderlist is the following:
In case of problems or questions please don't hesitate to contact me. Inword by IM or better over my e-mail casper.trebuchet@gmail.com
Greetz
Casper Trebuchet
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