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#1 2009-10-21 15:42:01

SportsbetsWriter
Long Term Investor
Registered: 2008-03-09
Posts: 207

Sorry, i donīt understand

Hi,

with LIF Shareprize struggeling it seems no one really cares about their money invested.

Well, my portfolio says i lost about 8k L$ in this company ,i can live with that ...but what about those major shareholders who invested heavly in this Land Investment Funds (LIF).



stetsonrail    5,046,531
JedediahMcDunnough    4,412,205
noahwoori    1,471,543
caesarjanus    789,999
FayandriaFoley    230,418
tomacsewell    58,000
JuroKothari    50,100
elizabethantonelli    37,088
albertomcgettigan    35,972
NullrouteAllen    34,90

5 Million L$? 1,5 Million? Thats even a LOT RL money.

Whats going on here? Can not believe no one cares?

Iīm contacting some shareholders inworld e.g. Stetson Rail and the CEO himself also who responded once very quick always.



Sportsbets Writer

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#2 2009-10-23 21:58:42

SportsbetsWriter
Long Term Investor
Registered: 2008-03-09
Posts: 207

Re: Sorry, i donīt understand

I got response from LIF-CEO...i ask him if i can post it here ok roll

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#3 2009-10-23 23:05:54

AnjaDrevnerussky
Long Term Investor
Registered: 2008-07-16
Posts: 276

Re: Sorry, i donīt understand

I don't see you buying at .17, so there is no good news.

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#4 2009-10-23 23:27:08

SportsbetsWriter
Long Term Investor
Registered: 2008-03-09
Posts: 207

Re: Sorry, i donīt understand

AnjaDrevnerussky wrote:

I don't see you buying at .17, so there is no good news.

Excellent news, wish had funds left to grap those @0.16 lol

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#5 2009-10-24 13:53:25

wendenxeno
Moderator
Registered: 2008-02-27
Posts: 403

Re: Sorry, i donīt understand

This stock has Fraud and CEO/CEO alts selling wholesale written all over it.

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#6 2009-10-24 13:55:24

wendenxeno
Moderator
Registered: 2008-02-27
Posts: 403

Re: Sorry, i donīt understand

same goes for CBE and FAG I may mention.

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#7 2009-10-29 20:56:02

stetsonrail
New Trader
Registered: 2008-03-18
Posts: 4

Re: Sorry, i donīt understand

as a major stock holder in LIf i can assure you I haven't and don't intend to sell any of this stock i have not been in world as much as i use to or would like to be I have also contacted Jed and as soon as I get a response I will be happy to share it with all of you,

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#8 2009-10-29 21:21:18

AndyGrant
Moderator
Registered: 2008-02-28
Posts: 1744

Re: Sorry, i donīt understand

stetsonrail wrote:

as a major stock holder in LIf i can assure you I haven't and don't intend to sell any of this stock i have not been in world as much as i use to or would like to be I have also contacted Jed and as soon as I get a response I will be happy to share it with all of you,

What was the last land purchase you did Stetson ?

Last edited by AndyGrant (2009-10-29 21:21:58)


Discontent is the first necessity of progress.
-- Thomas Edison

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#9 2009-10-31 17:55:46

AndyGrant
Moderator
Registered: 2008-02-28
Posts: 1744

Re: Sorry, i donīt understand

Nice...

SportsbetsWriter wrote:

stetsonrail    5,046,531
JedediahMcDunnough    4,412,205
noahwoori    1,471,543
caesarjanus    789,999
FayandriaFoley    230,418
tomacsewell    58,000
JuroKothari    50,100
elizabethantonelli    37,088
albertomcgettigan    35,972
NullrouteAllen    34,90

stetsonrail wrote:

as a major stock holder in LIf i can assure you I haven't and don't intend to sell any of this stock i have not been in world as much as i use to or would like to be I have also contacted Jed and as soon as I get a response I will be happy to share it with all of you,

Shareholders list today:

Top Shareholders
stetsonrail    4,916,531

I guess the LIF "BOD" and acquisition manager changed his mind.

UPDATE I:

Top Shareholders
stetsonrail    4,565,531

Seems Mr "i can assure you i havent and don't intend to sell any of this stock" really have changed his mind.

(ps: a good reason why automated trading halts should be implemented so insiders can't defraud investors like this anymore)

Last edited by AndyGrant (2009-10-31 21:26:55)


Discontent is the first necessity of progress.
-- Thomas Edison

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#10 2009-11-01 01:39:46

SportsbetsWriter
Long Term Investor
Registered: 2008-03-09
Posts: 207

Re: Sorry, i donīt understand

[2009/10/21 15:57]  Sportsbets Writer: Hello! What is going of with company LIF? Shareprize nearly down to zero! regards, Sportsbets Writer

[2009/10/21 15:57]  Second Life: User not online - message will be stored and delivered later.
-- Instant-Message-Protokoll aktiviert --

[22:17]  Jedediah McDunnough: (Saved Thu Oct 22 13:17:55 2009) We have been unable to pay a dividend for some time. The share price was based almost entirely on the dividend  flow I'm sure.  The Lindens and the recession dealt us a nasty blow. We lost a lot of tenants - many to an explanation like "I lost my job, or I can barly pay my RL bills can't keep this" I have covered the difference out of pocket - about $1000USD over the last few months

[22:17]  Jedediah McDunnough: (Saved Thu Oct 22 13:26:09 2009) I"ve been consolidating the the land- moving tenants off partially full sims and selling some off to lower the exposure - The Lindens contribution was Opening up a new grid for Adult operations and having them all abandon and place their land on the market at once. Land glus sent the price of land so low couldn't trade Mainland for a profit wither

[22:17]  Jedediah McDunnough: (Saved Thu Oct 22 13:26:17 2009) on the bright side, its easing up.

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#11 2009-12-04 13:57:18

NullrouteAllen
Day Trader
From: Reseda, Ca
Registered: 2008-02-27
Posts: 15
Website

Re: Sorry, i donīt understand

Any news on this?  I noticed the stock is down to .10 a share.  (Probably a STUPID thing to do, I have been buying shares in hopes the company comes back).  Im hoping there is some news if any for this.  Considering it's been half a year if not more without news, dividen, update, im probably just making a bad decision.

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#12 2009-12-04 15:42:04

AndyGrant
Moderator
Registered: 2008-02-28
Posts: 1744

Re: Sorry, i donīt understand

I'm not sure what kind of news you expect.

As you can see from my post above, Lif management has been selling Lif shares (propably to you), i think this is the only thing you need to know to DECIDE what to do with your shares.


Discontent is the first necessity of progress.
-- Thomas Edison

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