LLCA Web is now LIVE!

The website is currently viewable at http://www.llcra.com and we are working through clean up and content. In the next few days, you will see content and disclaimers added to the website with a final version 1 launch by the end of the week. There isn't much to see currently but we will have to registration ATMs out within the next few days so that avatars wanting to start a report may register ahead of time. Records from L&L Credit Reporting Agency and L&L Bank and Trust will be uploaded to the system within the next few days as the first Enterprise Corporate customers. Corporate packets will go out to SL banks and lands companies in over the next week and we should start to see more providers coming on board. Feel free to contact me with questions.

LLCA IPO Ends Novermber 15th

Most people know that L&L Credit Reporting Agency was once a division of L&L Bank and Trust at one point. In order to promote objectivity, the credit reporting agency was spun off completely to eliminate as much conflict of interest as possible and safeguard both companies from cost differential issues as the bank is much more in depth that LLCA would be. As a result, we did some recalculating of share distribution to make sure LLBT shareholders were not outted. I am going to make some final changes to the share distribution with regard to the LLBT shareholders as I saw an error in my calculation that was not conducive or fair.

Being that I am chairman of both LLBT and LLCA, I don't think its fair to have holdings in both companies as both would pay dividends. In light of that, I am pledging my chairman's holding in LLCA to LLBT giving LLBT shareholders a majority holding. The share breakdown is as follows:

25% to IPO
40% to LNLBT Miles (representing LLBT shareholders and this alt will hold a spot on the board of directors acting as the voting proxy for LLBT shareholders in LLCA)
10% to CEO (Mateo Infinity)
5% to CCO (Luke Birdbrain)
5% to CTO (Unoti Quonset)
5% to CFO (Undetermined)
5% to COO (Undetermined)
5% to LLCA Alt (LNLCA Dawes)

I will still remain Chairman of the Board but my share holdings are represented with the holdings I have in LLBT. LLCA's alt will hold shares and any undetermined shares until those positions are filled. Shares held by the LLCA alt will recieve a dividend paid and those funds will be held in the alt as a company savings account so to speak to insure that we are able to continue dividends and supplement income if we ever need to.

Keeping holdings in the alt is our way of being forward thinking in insuring our success. Preparation before realization is the key to a long term business and the L&L Brand seeks to have all of its companies running under the same precedence.

Now is the time to make the best of your investments. The product should launch within days of the end of IPO. It is in final testing now. Email me at lindsay.druart@gmail.com if you would like the powerpoint of the shareholder meeting. Thank you for your interest.