Subscribe to this topicForums > Karlfeldt & Delgado Capital Public Forum > Topic: Official Weekly Update - For CEO Posting Only
| Aug 22nd 2007, 13:12 Arbitrage Wise |
Official Weekly Update - For CEO Posting Only | |
| This thread is only for CEOs to post weekly updates and for informational purpose only. If you are not the CEO, please do not post in this thread, but create another thread. All non-CEO posts will be deleted. | ||
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| Aug 24th 2007, 06:37 Legolas Delgado |
Re: Official Weekly Update & For CEO Posting Only | |
| Karlfeldt & Delgado Capital Weekly Update Current Holding KDC 21,198; “L$10,387.02” SLMS 8,752; “L$18,554.24” TNW 100,000; “L$50,000” ZEN 123,679; “L$93,996.04 TGB 1,396; “L$189,856” K&D Tower; “L$115,000 Current L$ Balance JT Financial “L$44,659.57” L&LBT 30 Day CD “26,734.02” Matures 2007-08-31 L&LBT 90 Day CD “27,178.98” Matures 2007-10-30 Starting Value of Company; “L$470,250” Total Value of Company; “L$576365.87” Total Value of Dividends Paid to Date; L$96,321 Next Expected Dividend Per Share; .02 to .03 to be paid on the 1st of September Karlfeldt & Delgado Capital is currently still trying to sell off all of its TGB shares to give the company some purchasing room plus use extra capital to pay dividends. 513 shares are being sold for 136, and 883 are being sold for 141. The 513 when sold off will be added to the dividend subaccount which already holds L$6709.1 brining the total to L$76,477. The 883 for 141 is the amount it cost to buy all the shares, and after being sold will be used to invest in IPOs going public. We are also current selling off our 6.2% hold on Zen to add to the IPO buying fund. Any L$ made above the L$80,000 it cost to purchase the shares will be put towards dividend. K&D Capital is currently considering using dividend funds to repurchases shares on the market or create a bottom line for the stock at around .53L$ per share so that people looking to buyout of the company can do so. The shares bought off the market would then be destroyed increasing the overall value of all public shares. We would like to point out that if all TGB shares are sold and the capital raised is used to repurchase share of KDC the resulting effect would be the removal of roughly 7% of all shares and 16% of all none CEO shares. Please leave your thoughts about this in our forum section. |
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| Sep 2nd 2007, 06:40 Legolas Delgado |
Re: Official Weekly Update For CEO Posting Only | |
| Karlfeldt & Delgado Capital Weekly Update Current Holdings KDC 21,198; “L$14,626.62” SLMS 8,752; “L$24,943.20” TNW 100,000; “L$124,000.00” ZEN 123,679; “L$93,996.04” TGB 1,396; “L$147976” K&D Tower; “L$115,000 Current L$ Balance JT Financial “L$47866.52” L&LBT “L$27205.82” L&LBT 90 Day CD “27,879.14” Matures 2007-10-30 Starting Value of Company; “L$470,250” Total Value of Company; “L$623,493.34” Total Value of Dividends Paid to Date; L$96,321 Next Expected Dividend Per Share; .01 to 1st of September With the change in dividend structure it will lower the overall dividend paid per month. However in the long run with the share repurchasing and removal it will increase the value of the stock in three different ways. One, creating a base for investors to pull out of the company, while in turn using the removed shares to increase the equity value of the remaining shares in the company. Third the continued payment of a minimal dividend of .01 per month. Tomorrow is the dividend posting day and investors can expect to see a 0.011 per share dividend. |
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| Sep 16th 2007, 07:21 Legolas Delgado |
Re: Official Weekly Update For CEO Posting Only | |
| Karlfeldt & Delgado Capital Weekly Update Current Holdings KDC 21,198; “L$9,963.06” SLMS 8,752; “L$14,353.28” TNW 84,074; “L$105,092.50” ZEN 123,679; “L$105,127.15” K&D Tower; “L$115,000 Current L$ Balance JT Financial “L$197,014.08” L&LBT 30 Day CD “L$25,954.08” Matures 2007-10-01 L&LBT 90 Day CD “29,440.76” Matures 2007-10-30 Starting Value of Company; “L$470,250” Total Value of Company; “L$601,944.91” Total Value of Dividends Paid to Date; L$118,881 Next Expected Dividend Per Share; .02 on October 1st As expected, after the post of last weeks update the price on TNW dropped dramatically compared to our asking price. We will hold strong and wait for the stock to regain composure back to the L$1.75 mark. Same goes for ZEN and reaching L$.9. In the mean time however KDC will be using its reserves to purchase other under valued companies just like when we bought shares of TNW and ZEN. Karlfeldt & Delgado Capital would like to point out that we are still operating positively with TNW and ZEN. We just choose these selling points to best benefit the company. |
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| Sep 22nd 2007, 09:42 Legolas Delgado |
Re: Official Weekly Update & For CEO Posting Only | |
| Karlfeldt & Delgado Capital Weekly Update Current Holdings KDC 21,198; “L$10,175.04” SLMS 8,752; “L$4,638.56” TNW 84,074; “L$107,614.72” ZEN 123,679; “L$86,575.30” BNT 100,000; “L$135,000” GPB 726,719; “L$63,207.11” K&D Tower; “L$115,000” Current L$ Balance JT Financial “L$39,430.97” L&LBT 30 Day CD “L$26,411” Matures 2007-10-01 L&LBT 90 Day CD “30199.14” Matures 2007-10-30 Starting Value of Company; “L$470,250” Total Value of Company; “L$618,251.84” Total Value of Dividends Paid to Date; L$118,881 Next Expected Dividend Per Share; .02 on October 1st Karlfeldt & Delgado Capital has spent L$100,000 to buy 500,000 shares of BNT at .20 a share. The book value per share on BNT is around .26, and no matter what the drama BNT is growing even slightly and when a growing company is trading below its book value it is a good buy. We have also calculated the risk versus return on GPB and even a small investment has a potential for a great return. 726,719 shares were bought for an average of .0785 a share. When the interest gets paid in November, L$21,801.57 will be retained and the share price will go up because people will start to realize the value of the stock. Karlfeldt & Delagdo Capital does not think that it will go up to the 1L$ mark, however doubling our investment on GPB seems feasible at least. |
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| Nov 3rd 2007, 19:36 Legolas Delgado |
Re: Official Weekly Update - For CEO Posting Only | |
| Karlfeldt & Delgado Capital Weekly Update Current Holdings KDC 21,198; “L$15,050.58” ZEN 166,428; “L$166,428.00” BNT 466,957; “L$144,756.67” BBX 8752 “L$16,803.84” Current L$ Balance JT Financial “L$162,140.03” ACE “L$16,406.40” Starting Value of Company; “L$470,250” Total Value of Company; “L$488,090.6” Total Value of Dividends Paid to Date; L$158,068.37 Next Expected Dividend Per Share; Due to the loss on the land and not GPB there is no expected dividend date. Dezmond Martinek will be purchasing the majority hold of Karlfeldt & Delgado Capital and becoming the acting CEO. He is a respected SL stock trader within SL and has been following the SL markets for as long as I have. His photo ID has already been cleared by SLCapEx and they have been aware of the deal since its inception. The reason for the sale of KDC is I personally believe it is time for me to move to my next Second Life project. As anyone who has followed me through my SL business experience knows that Karlfeldt & Delgado Capital is only a sub company of Karlfeldt & Delgado Mutual. I will be refocusing on K&D Mutual now that K&D Capital is being sold. Dezmond will be buying 1,000,000 shares of KDC for L$100,000. With this comes the responsibility of managing the company and living up to the Karlfeldt &Delgado Capital name, which has grown over 40% in 5 months. All assets of KDC will be transferred to Dezmond. I will be staying in the company as a director to help smooth out the transition of ownership. The company will maintain the same name. Below is the contract signed by both Dezmond and I. The assets have since changed to what is listed above however they have only changed under the direction of Dezmond. The last financial statement by Legolas Delgado for KDC can be found at http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls Karlfeldt & Delgado Mutual is selling their majority hold in Karlfeldt & Delgado Capital (now known as KDC) to Dezmond Martinek (now known as buyer). A total of one million (1,000,000) shares will be transferred to buyer in this transfer, along with all assets that KDC possess excluding Karlfeldt & Delgado Tower, and the land it is placed on. These assets include 8,752 shares in BBX, 21,198 shares in KDC. 166,428 shares in ZEN, 500,000 shares in BNT, 726,719 shares in GPB, L$20,000 to be placed in an administrative fees sub account, all L$ currently in Legolas Delgado’s (now known as seller) sub account labeled transfer, currently at L$ 95,133.78 on October 22, 2007 and the ending balance on the 90 day CD currently held by KDC at LLBnT. At the same time that the shares and L$ held on SLCapEx, and all shares of BNT and GPB, have been transfer to buyer. L$100,000 will be transferred to seller as payment to seller. The transfer is to take place not before November 1st but on that day or soon after. Seller will post the financial report for the month of October before the transfer takes place. Seller will remain CEO until the transfer is complete. When the transfer is complete seller will step down as CEO and buyer will then become the acting CEO of KDC. Seller will remain in KDC in an advisory position only supplementing buyer’s ability to run the company. Buyer will now be liable for all weekly updates and monthly financial reports. This contract is pending approval by SLCapEx and their willingness to support the transfer. LukeConnell Vandeverre, and IntLibber Brautigan will also be contacted and expected to transfer shares that are held on their respective exchanges. Buyer Sign Here: Dezmond Martineck Seller Sign Here: Legolas Delgado Here is Dezmond’s message to the public and share holders. Hello, I would like to introduce myself as the new CEO of KDC. It is my mission to bring greater value and dividends to shareholders thru investment in SL markets. Of late much fraud and dishonesty has dealt blows to this company, individual investors and other sectors of the SL economy. This has affected the bottom line of KDC. I will work hard to rebuild the share value and provide investors with regular dividends. I look forward to working with shareholders and others. Should you have any questions or concerns please don’t hesitate to IM me in world. Thank you for your attention. Dezmond Martinek KDC C.E.O. I look forward to future SL in devours. Sincerely -Legolas Delgado |
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| Nov 11th 2007, 09:15 Dezmond Martinek |
Re: Official Weekly Update - For CEO Posting Only | |
| It has been a great week. We have been able to secure most of the Zen float and expect it will be trading above it's NAV of 1.27, at 1.50 or higher. We have made money on many small trades as well as a few larger ones. We have secured dividends from some of our investments. We have spent some of the profits we earned to buy back KDC shares at market price and placed them in a treasury account. Current holdings and values: Co Shares Market BBX 15922 27,545.06 HBK 27419 29,612.52 PSG 1923 2,326.83 ZEN 181631 363,262.00 BNT 314582 94,374.60 ESN 36925 55,387.50 RIS 11760 23,520.00 Assets 501,653.91 Treasury shares KDC 32130 20,241.90 Cash on hand: 99,479.85 Value of Co. 621,375.66 current value per share .31 Next expected dividend date 12/01 Thank you for your attention, Dezmond Martinek KDC CEO |
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| Nov 18th 2007, 09:36 Dezmond Martinek |
Re: Official Weekly Update - For CEO Posting Only | |
| We continue to make profits and are expecting this to continue. Since I have taken control of KDC on the 5th of this month we have made more than 30,000L. Despite the relatively low NAV I believe the earnings will justify an increased share price and as such have purchased 105777 shares for my own personal portfolio. I will continue to purchase more as I am able as I feel KDC is a good investment and well worth it's current share price. We have also added 7870 additional shares of KDC with a fraction of our profits and placed them in a treasury account. Current holdings and values: BBX 15922 32,958.54 HBK 27759 26,093.46 PSG 13030 12,769.40 SLR 13605 8,026.95 SLTM 4636 5,563.20 ZEN 180521 285,223.18 BBIB 986 640.90 GIF 38 645.24 LIF 2500 1,550.00 BNT 283052 67,932.48 ESN 47197 51,916.70 RIS 15220 34,853.80 value of stock 522,610.65 Treasury Shares KDC 30000 25,600 Cash on Hand 74,543.02 Total Value of Company 622,753.67 L current value per share .32 Next expected dividend date 12/01 Thank you for your attention, Dezmond Martinek If you have any questions feel free to IM me in World or post in forums, Thanks. |
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| Nov 25th 2007, 09:48 Dezmond Martinek |
Re: Official Weekly Update - For CEO Posting Only | |
| It has once again been a terrific week for KDC. I have not yet calculated all of our profits for the month, however since I took over the company on the 5th we have made more than 55779.49 L. I will try to get a breakdown of our holdings and a calculation of profits to date posted over the next day or so. The above figure does not include this weeks BNT profits or any of our small profits from trading on ISE. It is not an estimate but remains incomplete. I expect the total figure is in the ballpark of 60k. Once again I wish to disclose that I am buying as many KDC shares as I can afford to buy. This weeks total is 46636 shares added to my personal portfolio. I will continue to buy more as I am able to do so. I am buying based on the same information I disclose weekly here and have not sold 1 share nor do I plan to in the near future. There will be a dividend posted the first week of December. | ||
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| Nov 25th 2007, 11:39 Dezmond Martinek |
Re: Official Weekly Update - For CEO Posting Only | |
| Current holdings and values Cash 73942.87 BNT 448431 85201.89 RIS 17384 31291.2 BBIB 3486 2370.48 LIF 2500 1800.00 BBX 16250 34125.00 HBK 27759 27481.41 SLR 157787 77315.63 ZEN 174186 271730.16 Value of Stock 531315.77 Treasury Shares KDC 40000 22400 Value of Company 6276578.64 Value per share .32 Next expected dividend date 12/01 Div/share of at least .02 This months profits thus far are 60,836.90 L We have spent a total of 11,870.56 to purchase KDC treasury shares. Leaving thus far 48,966.34 available for dividends. Previously KDC was using 1/2 its profits to repurchase shares. I believe we will use 1/4 for share repurchase. We will hold these shares in treasury and use dividends paid to these shares to add value to the company. We will hold these shares so that in the future if we require more funds we can resell them instead of doing a secondary offer. If you have any questions comments or ideas please be sure to IM me in world. I am always glad to talk with people. Thank you for your attention. Regards, Dezmond Martinek |
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