Aug 17th 2011, 14:54 System Announcement
by Skip Oceanlane
IPO Application Submitted - (LEM) Lemur InvestmentsDear Capital Exchange Members:
I present to you the IPO Application for Lemur Investments (LEM). For
those of you that have been around, you may remember when LEM was
listed at WSE and ISE. CEO Casper Trebuchet delisted LEM because,
well, SL finance was dead and why bother. Now with Capital Exchange
perking things up again, he wishes to create a new company again and
get back in the action. For the record, this is not a relisting - he
paid back all his shareholders the last time LEM was listed. So this
will be treated like a new IPO.
This application has not been approved yet, and is still being voted upon by the Capital Exchange Regulatory Commission. Please give us your comments as to your opinion on this applcation.
Any questions, please contact me or LEM CEO Casper Trebuchet. Thanks.
CEO and Majority Shareholder
LEM Lemur Investments
All that glitters is not gold
Status: Primary - Being considered by primary review staff
All that glitters is not gold
CEO's Real Life Name
CEO's Real Life Location
Directors, Company Officers
Casper Trebuchet, chairman
Total Shares To Create
Shares To IPO
Cash On Hand
Name for Chairman's Letter
LEM - The Story Continues
After I had a rather active phase in SL during 2007 I have gradually
fallen into sleeping mode. With good reasons I have to add as I made
different experiences which weren't always the best. You can check my
blog I opened at that time lemurinvest.blogspot.com if you want to
The CAPX can look back on an amazing positive development since
January 2011. We all have to thank Skip for that good and continuous
work. It also brought back some of my confidence into virtual
financial markets which I lost when I finally delisted LEM in 2009 at
the ISE. In consequence I went private with LEM and have run it on a
much lower activity level until this spring.
However, the positive changes at CAPX have encouraged me to give the
whole thing a new thought. But more important we reckoned some
projects which have development potential. The decision to come back
was then rather quickly made... back he is the Casper and his
Lemurian, Lemy ...lol
Well, my basic idea has not changed. LEM will remain what it was
before. An investment company looking to contribute financially or in
other form to promote and develop new businesses in SL. As we have a
solid portfolio in SL and a regular consulting income from RL we think
that is a good start to relance LEM on CAPX.
How can I introduce me personally? There are some avatars who know me
already from the times when LEM was listed at WSE and later on at
ISE .. I possibly wouldn't regret to see them again among LEM's future
shareholders . ;-).. and for those who don't know me yet, check my
blog and don't hesitate to ask questions. I combine four years
experiences in virtual financial markets, if such has really a value,
where I experienced the full set of possible encounters, situations,
dramas but also good stories... lol.
The ambition of LEM is to follow its growth path as we already did at
WSE and ISE with success and contribute to the development of those
virtual markets in a sustainable way and most important -always trying
to keep a good humor.
The company we would like to IPO here has only modest captial needs.
However, in the actual environment it has growth potential due to new
innovative investment projects we have in the pipeline The already
existing assets are a good base for a sustainable further development
of the company.
LEM was created in 2007. There were different projects we realized
since then. The most active period we had was when we were listed on
the WSE and before the banking ban in SL. LEM was the first company
which developed a number of derivatives in SL and IPO'd those
successfully at the WSE. There was even a time when some avatars used
to name us "the house of derivatives"...lol
There is potential for derivatives again at the CAPX because of the
growing number of listed companies and more important because of the
rather important trading volumes. It all depends on the CAPX and its
decision board whether they will allow such products. If they would we
wouldn't be unhappy and already have some ideas for different new
products. The give you an idea I listed our old products from the WSE
just below. More information you will also find in our blog:
LFB (WSE): Balanced basket on core shares of the WSE
LWI (WSE): Openend index basket on selected WSE titles
LHH (WSE): Hi-score derivative on HCL share, with call character
LPI (WSE): knock-in derivative on HCL share, with put character.
LMLFDDE(ISE): LEM mini long future on DDE shares, passed IPO but we
Some of those products also could apply at CAPX.
LEM also created a closed fund LFF (LEM future fund) which was not
listed but existed till 2009 . The fund was active in wealth
management within SL and invested third parties money created an
annual return of 80% since its existence. Under best times we managed
around 4 millions $L with it.
Besides, we supported different companies in SL to develop their
projects, doing successful IPO's at WSE, former CAPX and ISE, and were
active in fund rising for different investment projects.
And we don't should forget about LEM Foundation, our more social-
environmental commitment. During 2007-2008 we collected 150'000 $L
which we gave as a gift to the sustainable project “Etopia Island”.
The virtual finanical markets changed since 2007. That is why our
business model will definitively be different as it was at that time.
However, we will put more focus on the development of inworld
projects, e.g. strategical consulting, fund rising, supporting IPO
application, bringing RL business into SL.
Also LEM has a portfolio of shares listed at the CAPX, we don't see us
at traders. We follow the markets but aim more to take a substantial
participation in a company and contribute actively to the further
development till we sell again. So no trading per se.
LEM would like to develop new derivatives. We have different products
in the pipeline which could be put on the market at any time. We could
do this at CAPX if they accept such products or any other existing
Virutal financial markets are not regulated. On one hand this opens a
lot of possibilities to create innovative products but in the same
time it also increases the amplitudes for dramas and profits. If the
latter come in place virtual financial markets are no longer just
games but enter into dangerous legal grey zones. It looks as CAPX has
finally found a good way to deal with such.
As LEM we tested unwillingly the most bad circumstances, from banking
and gambling ban, to fraud, over slander and libel up to blank
stupidity and survived all those challenges with our heads up and in
the profit of our shareholders. We don't see why we should change our
Use Of Capital
The 250,000 $L will be directly invested into new product development.
Right now we realize a steady revenu of around 15'000 $L per month. As
we pay out 50% as dividends that makes 0.01 $L per share or 1% of the
NAV. Our goal is to keep such a ROI.
Assets of LEM:
Cash: 343'000 $L
CAPX > 1924 shares : 16'000 $L
LLC > 55771 shares : 16'000 $L
EARN > 50000 shares : 157'000 $L
The board of the driectors (BOD) of LEM is responsible for dividend
policy and it will be adjusted in a regular manner.
Right now the BOD has decided to distribute 50% of the profits in form
LEM pays monthly dividends.
SL can go down the well. The ceiling might fall on the board of
Casper Trebuchet aka Cas, Chairman
Lemy, Mascot, right and left arm of Cas and of what is in between.
We are looking to expand our board of directors (BOD). Applications