Wednesday, May 21, 2008
The Future of the L&L Brand
To alleviate this trend as much as possible as we progress into the slower time of SL which is the summer months, we are combining forces of all L&L companies under one name in SL. L&L Corporation will be the company name as we have been running under the moniker for a while anyway. L&L Rentals and Sales, L&L Financial Services, and L&L Credit Reporting Agency and Business Services will operate under this name as divisions and not separate companies.
There are a few concerns here that will be addressed to make sure that investors and customers realize that we know what we are doing. As three separate entities, this divided our focus tremendously as each had separate goals. Combining forces will allow us to work to one goal with several revenue streams to enhance the bottom line. LLRS still sees a steady income on the land business as we are filling our personal holdings and finding more contracts to manage. LLFS sees a good bit of traffic on the brokerage and the currency exchange to be viable if focused on. LLCA has the potential to provide tremendous business services in line with the LLRS divisions but has sat dormant due to unforeseen issues. We are confident that the combination of things under one house will prove to bring the brand full circle.
We do realize that this is probably not going to be the best immediate decision for the stock holders of the three companies as there will be an immediate devalue in stock. However, the stock will have a long term value as we start to pay dividends from the collection of divisions income. Currently, LLL trades at about $1.50 a share with LCA and LNL at just below $.50. All stock will be converted to the new company ticker, LLC, to be listed on SL CapEx, based on the LLL share price. In addition, L&L Liquidation Fund will be rolled into this with the same conversion. All outstanding linden debt from LLFS will be converted as well. A portion of LCA debt will be included. In order to rise from this and be able to offer a sound trading platform for the brand, there will be no promise of buybacks or dividends. There will be a dividend schedule posted so that shareholders are aware of the stipulations for a dividend to be paid.
All assets of both LCA, LNL, and LLL will be combined with all holding alts still in operation for their division to insure that each division is profitable by its own actions. The LNL Brokerage will resume operations on June 1st, LCA will resume operation by June 15th, and LNL will continue business as usual. Inception of Utherverse is still pending contractual obligation by the company. SLCC participation is still pending at this time.
In the coming days a solid conversion schedule will be available. LNL and LCA will delist no later than May 30th. We expect to have LLC listed and trading no later than June 15th. Thank you for your patience while we make this transition.
Sincerely,
Lindsay Druart, Chairman/COO/CFO
L&L Corporation
Luke Birdbrain, CEO/Executive Director
Gabrielle Miles, CCO
Monday, January 14, 2008
Response to Luke Connell's Group Notice
"Dear CEO's,
It has been brought to our attention by fellow CEO's that there is an SL resident representing a new start up stock market by Lindsey Druart attempting to convince CEO's to move from the WSE to her new exchange.
This has been the common tactic used by other in the past to no avail. They try to approach CEO's with offers of discounts if they move, false and misleading statements about WSE to scare CEOs along with many unrealistic promises. Please IM me if you are contacted.
Regards, Luke"
Yes, there was a representative of my company asking other CEO's of WSE questions about their experiences in an attempt to assist as much as possible. L&L Financial Services is NOT a start up exchange as Luke Connell has suggested and does not seek to be one. We are a brokerage service that offers trading of companies on approved exchanges and simply we attempted to allow companies to be able to trade during the closure of WSE.
I, nor my representatives have made any false or misleading statements about WSE nor has anything unrealistic been promised. Nothing has been promised for that matter. For that matter, Luke and I had talked at length about allowing the trade of WSE shares during its closure so this was not a new concept to him. Luke cannot deny the information in my blog so he seeks to get people on his side to defame me. Common tactic of Luke Connell. And my name is spelled Lindsay Druart. Thanks!
Sunday, January 13, 2008
Why L&L Corporation Has Severed Ties with WSE
In the notice as well as conversations with Luke, it was clear that the banking industry of SL was not his favorite sector nor was JT Financial and SL Capital Exchange as this was the topic of discussion on many occasions. In addition, there were several attempts to purchase L&L Bank and Trust, one initiated by myself during the time in which that was an option and several subsequent inquiries made to me as well as Luke Birdbrain. I found it odd but continued to conduct a bit of logical explanation for possible reasoning. Considering WSE closed VERY shortly before the banking ban without any prior notice, I was puzzled as Luke had shared information about WSE happenings before but this time was different. Once the banking ban initiated, Luke Connell was quite elated to the fall of the SL banking industry which I found very odd. At that point, it all made sense. Luke Connell was tipped off. I speculate that Linden Labs received a subpoena for account information in relation to the Midas depositor’s case. Per Luke Connell, the lawyer planned to pursue the case whether there was a loosing chance or not to get the public eye on virtual business and create his name in the press for it.
Even though I felt he was lying to me about his knowledge of the ban, I decided to lay low and prepare to be in the right place at the right time. In a conversation with Luke Connell about WSE 4.0, he stated that directors and the new CEO would be voted on by the members of the exchange. I made a bit of a hint to me being nominated for a board position and he stated that he wanted to make sure the lawsuit did not affect WSE before reopening. In my mind, this meant that WSE may not reopen if the lawsuit gets ugly. Also, I received information that Luke was offering to buy banks in SL since the ban. Not to mention, WSE was giving away money for the holidays but had defaulted on bond payments. To my knowledge, no person can defer a payment on a loan without approval from the lien holder so WSE did not defer payments. WSE defaulted.
On January 11, 2008, Sarah Nerd asked a question in WSE Listing Chat and my window popped up. Normally, I would close the window because I usually don’t get involved in group chat but to no avail, I kept the window open and read as I was working on other things. A few things made my mouth drop.
[2008/01/11 18:51] LukeConnell Vandeverre: Latest news? he is getting ready to audit all user balances
[2008/01/11 18:51] LukeConnell Vandeverre: we know there are users with lindens or shares they shouldn't have and users with less than they should have so this is the first thing to be fixed
My question was….Who determines what users should and should not have? What accounts are being audited? Who is policing the police, so to speak? Since all directors were asked to resign, who else is privy to this information besides Luke Connell? I was appalled nonetheless because the only person with access to this information is him and it seems he is the sole decision maker on what accounts should have and what they shouldn’t. This is potentially fraudulent if I have ever seen fraud. I said nothing and continued to watch the conversation between Luke Connell and Rockwell Ginsberg.
[2008/01/11 19:17] Rockwell Ginsberg: OK, I apologize for the low blow regarding HCL. I know you are doing your best here. Do you worry about competition from other exchanges?
[2008/01/11 19:18] LukeConnell Vandeverre: not at all, does Mercedes ever worry about Hyundai
[2008/01/11 19:20] LukeConnell Vandeverre: what are the wse compeition? they are like playing with an Atari compared with an Xbox 360
[2008/01/11 19:22] Rockwell Ginsberg: They are open, you are not. Traders may leave and never come back. I am not familiar with these exchanges, but they may be able to attract some WSE business during the closure.
Rockwell made perfect sense while Luke was busy tooting his own horn without reason. The last and final straw of this conversation for me was this:
[2008/01/11 19:56] Rockwell Ginsberg: Listen Luke, I can say whatever the fuck I want to say, wherever the fuck I want to say it. And I am not trying to "serve my negative view." I have merely provided my opinion on these matters. You can do with this what you wish. But I've tried to provide constructive criticism here. If my honesty is difficult to take, I apologize.
[2008/01/11 19:57] LukeConnell Vandeverre: If you are making public statements that are negative towards the WSE and counter-productive towards the WSE's objectives then your business will be delisted
[2008/01/11 19:58] LukeConnell Vandeverre: You can share your concerns privately
[2008/01/11 19:58] LukeConnell Vandeverre: therefore having not negative impact on the WSE
[2008/01/11 19:58] Rockwell Ginsberg: Do you consider this forum to be a public one?
[2008/01/11 19:59] Rockwell Ginsberg: I do not.
[2008/01/11 19:59] LukeConnell Vandeverre: I consider the extent of your opposition towards WSE in this group to be of concern and a display of your anti WSE opinions which i'm sure you've been sharing in public forums according to others from what i'm told
For one, people have opinions and will not always agree. But for a man running a company to state that he will delist any company that does not agree is tyrannical and almost neo-nazi and this is not the place for L&L Rentals and Sales. Last time I checked, free enterprise and free speech reigned in SL and RL for the most part. Neither myself, nor my companies will have anything to do with such behavior. I have had my times with people but, I have never removed or left a business relationship over personal differences.
L&L Corporation and its subsidiaries have tremendous stake in the truth and in customer service. These are two things that are not available at the World Stock Exchange at the current moment. At one time, I saw the vision but now I see the lies. It is my speculation that Luke seeks to buy the closing banks below value to gain depositor lists in order to issue WTF shares to depositors rather than their money. In doing so, he would control a monopoly of the financial sector for pennies as he would issue a worthless stock for the hard earned money of SL residents and make a commission on their sales to try to get out. Double payday. This is why Midas refused to give up the depositor list. While Midas may have been overspent, WSE defaulted on its promise to the market and in turn bankrupted a company on it own issuance and not the company itself.
I must commend the stock exchanges that have a bit more respect for its investors than this. I have had my differences with Arbitrage and he and I know there are some things we don’t agree on but I have known him to be fair. We have decided to facilitate trading for L&L Rentals and Sales in house to not put any undo strain on the exchanges that are working through liquidity issues with regards to the banking ban. We will assist our own depositors and shareholders the best we can with our facilities at L&L Financial Services. Thank you all for your support of L&L Corporation and its companies and we wish all the honest businesses of SL the best of luck in the days ahead.
Sincerely,
Lindsay Druart, CEO
L&L Corporation
Shareholder List Posted
Now that L&L Rentals and Sales will be trading on L&L Financial Services, all shares located on WSE are deemed worthless and will not be honored if WSE goes back into live trading. The current shareholder list will be uploaded to LLFS so please check your portfolio for any error due to the WSE audit. What I have on file will be honored as is. I will post the shareholder list on my blog momentarily. Feel free to contact me via email at lindsay.druart@gmail.com and I will respond as soon as possible. Thank you for your support.
Sincerely,
Lindsay Druart
L&L Rentals and Sales
Shareholders
Name
Shares Owned
Percentage Owned
Lnl Bing
565,000
20.09%
Svar Beckersted
425,300
15.12%
Luke Birdbrain
245,010
8.71%
Lindsay Druart
245,000
8.71%
Eric Yerd
206,060
7.33%
Eliale Morigi
200,000
7.11%
Vitall Beck
163,709
5.82%
Paci Barbarossa
99,208
3.53%
Zanzi Merlin
81,556
2.90%
Topher Whitman
80,462
2.86%
Richy Brynner
62,000
2.20%
Selestemxx Maxsted
55,429
1.97%
Awrestonez Vella
40,137
1.43%
Jeff Emu
38,492
1.37%
Kayser Shu
38,278
1.36%
Lobisones Congrejo
37,547
1.33%
Devilin Eusebio
25,000
0.89%
Jimmy Bligh
25,000
0.89%
Tomac Sewell
25,000
0.89%
Richard Palace
19,657
0.70%
Coben Bailey
13,000
0.46%
Casper Trebuchet
11,285
0.40%
Armand Saintlouis
10,000
0.36%
Jacqueline Richelieu
9,500
0.34%
Jimm Bunin
8,612
0.31%
Allanlau Forager
7,056
0.25%
Servme Nakamura
5,500
0.20%
Jeb Gibb
5,210
0.19%
Jonathan Seale
5,000
0.18%
Goose Pennell
4,638
0.16%
Astral Amat
4,000
0.14%
Itchy Gamba
3,200
0.11%
Walker Wise
2,989
0.11%
Ragged Delec
2,521
0.09%
Korto Laszlo
2,498
0.09%
Kubi Beam
2,250
0.08%
Bims Writer
2,133
0.08%
Ogion Rasmuson
2,000
0.07%
Dr37923 Trautman
1,977
0.07%
Aeneas Whitfield
1,819
0.06%
Seer Yifu
1,422
0.05%
Sen Korobase
1,392
0.05%
Wiezijnwij Beaumont
1,204
0.04%
Zesty Zsigmond
1,002
0.04%
Logansan Oh
1,001
0.04%
Mateo Infinity
1,000
0.04%
Paxbill Liberty
1,000
0.04%
Secondopinion Kit
1,000
0.04%
Timothy Crabe
951
0.03%
Cristopher Whitfield
900
0.03%
Annsophie Maertens
816
0.03%
Dimm Flow
800
0.03%
Dillian Novi
749
0.03%
Galantir Boucher
745
0.03%
Arch Hawks
600
0.02%
Geeta Lagerlof
585
0.02%
Pantaiputih Korobase
550
0.02%
Luke Connell
506
0.02%
Krazy Priestman
501
0.02%
Wse Traders fund
501
0.02%
Dominic Webb
500
0.02%
Archibalde Beaumont
500
0.02%
Rudy Bosch
500
0.02%
Qwaity Falta
500
0.02%
Abigail Merlin
500
0.02%
Kundalini Seale
500
0.02%
Nikki Ashby
500
0.02%
Bubba Herzog
400
0.01%
Maelstrom Baphomet
400
0.01%
Blake Matthews
381
0.01%
Myron Cerveau
375
0.01%
Barbs Kurka
350
0.01%
Jadge Jacobus
350
0.01%
Legal Action
319
0.01%
Damion Goodman
300
0.01%
Tom Prospero
300
0.01%
Rogger Schnyder
300
0.01%
Miles Noriega
294
0.01%
Frohicke Garmes
251
0.01%
Rhas Raymaker
250
0.01%
Ollieollie Ochs
250
0.01%
Seanito Sungsoo
250
0.01%
Bianca Kendall
250
0.01%
Marcellino Maddaloni
202
0.01%
Dondy Carling
200
0.01%
Sharp Beerbaum
200
0.01%
James Petrichor
200
0.01%
Elmer Ames
200
0.01%
Insolubile Cioc
174
0.01%
Premierpete Beattie
165
0.01%
Ibiza Benelli
164
0.01%
Jtom34 Bobak
150
0.01%
Anastasia Gazov
131
0.00%
Augustine Innis
130
0.00%
Dice Babii
100
0.00%
Elana Ling
100
0.00%
Leon Cundey
100
0.00%
Ljgordon Biedermann
100
0.00%
Daisy Mertel
100
0.00%
Enz Jinn
100
0.00%
Eli Dailey
100
0.00%
Deadlight Ra
100
0.00%
Tonine Galthie
100
0.00%
Wielnt Darrow
100
0.00%
Real Merlin
91
0.00%
Aldous Hynes
64
0.00%
Queerhunt Aeon
63
0.00%
Folie Ferraris
62
0.00%
Hiddenairport Mathy
60
0.00%
Wayn Dagostino
60
0.00%
Bryan Babii
53
0.00%
Bandu Schwartzman
50
0.00%
Roburt Musketeer
50
0.00%
Giovani Flatley
50
0.00%
Madog Garsztka
50
0.00%
Ilum Amat
50
0.00%
Zanter Dagger
50
0.00%
Lyssa Vanvleck
50
0.00%
Liquid Diamond
44
0.00%
Elxai Priestman
40
0.00%
Blanco Noel
39
0.00%
Kdmutual Planer
38
0.00%
Sarria Yaffle
28
0.00%
Ogema Biedermann
27
0.00%
Hector Roffo
23
0.00%
Sirmarkus Kidd
20
0.00%
Ilyushin Tzedek
20
0.00%
Xyele Carnot
20
0.00%
Gide Allen
16
0.00%
Whoo Hax
15
0.00%
Sompto Ikura
15
0.00%
Sheila6225 Allen
15
0.00%
Barton Giovinazzo
12
0.00%
Splinkrot Oh
10
0.00%
Next Merlin
10
0.00%
Zack Ezvalt
10
0.00%
Tweetey Swenson
10
0.00%
Xenia Easterman
10
0.00%
Splinkrot Writer
10
0.00%
Antonsam Independent
8
0.00%
Dtip Collishaw
8
0.00%
Cleo Wombat
8
0.00%
Tj Whittaker
8
0.00%
Melikim Losangeles
6
0.00%
Nodatilu Juran
5
0.00%
Gukk Streeter
5
0.00%
Toshi Chapman
5
0.00%
Chinchi Etzel
4
0.00%
Jozeppi Pessoa
4
0.00%
Tonya Aeghin
3
0.00%
Rod Sicling
3
0.00%
Mika Koltai
2
0.00%
Boone Mcmahon
2
0.00%
Finn Delgado
2
0.00%
Machtig Ballinger
2
0.00%
Clive Forcella
1
0.00%
Koudoawaia Menatep
1
0.00%
Boo Rojyo
1
0.00%
Claudiolui Morigi
1
0.00%
Allen Janus
1
0.00%
Murex Mureaux
1
0.00%
Bapeki Oh
1
0.00%
Kostas Dagger
1
0.00%
Overquake Blackburn
1
0.00%
L&L Rentals and Sales Leaves WSE
LLRS shareholders are asked to go to the L&L Financial Services terminal located at the L&L Financial Services Main Branch at Port Druart to create an account if you do not have one and I will update your shares to your account within 24 hours. Public trading of LLL will begin on L&L Financial Services no later than January 15th.With this change, the CEO, SelesteMxx Maxsted, will be able to keep shareholders up to date faster than I could. I will be detailing my reason for this change as well as current updates to be posted on the L&L Financial Services website over the next few days.
We wish the companies here the best of luck and we hope that WSE comes back online as promised. Thank you for your continued support.Sincerely,Lindsay Druart, ChairmanL&L Rentals and SalesYou may find L&L Financial Services at http://www.myllbt.com