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Forums > L&L Credit Reporting Agency and Business Services > Topic: LLL trading on LLFS?

May 22nd, 12:17
Ivan Halfpint
LLL trading on LLFS?
What kind of a joke is this? Lindsay is saying LLL is trading for about L$1.50? Using the term trading is a bit of a strech - volume is about nil over the last month. I suspect it was much the same for its entire time on LLFS.

How many hares are outstanding in this company? How many new shares are going to be diluting this thing for current shareholders?

Finally according to the last financial report the company hauled in half a million lindens in profit for March alone. Yet she says she cant pay the money she owes Nestler? How about not paying your RL rent with your SL profits and meet your SL obligations first.

Do we have confirmation that she is gong to be allowed to list this 'thing' she is creating on SLCAPEX? How many shares is she going to giver her self in this new contraption?

Lets call it LDRF - Lindsay Druart Rent Fund - anyone wanna make a donation?
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May 22nd, 12:29
Lindsay Druart
Re: LLL trading on LLFS?
Edited by moderator Aug 11th, 04:46
OH SHUT THE F**K UP! LCAs debt is not LLLs debt to pay and you are talking about stuff you know nothing about.

Ok, this has been a long time coming and this is directed at no one in particular. This is just my moment of explosion but here goes.

I’m 27 years old and for 23 years, the only phrase embedded in my head was failure is not an option. And one day, it hit me that my mother was lying. It is an option and always will be but it is not always an option we foresee or an option that we choose. With that, I was sitting in Atlanta’s traffic on my 1 hour commute home from work mulling all this in my head, things that I have said to myself many times and I just cracked.

I screwed up. I f**ked up for that matter. That’s a better word actually. I failed. And I failed because of a lot of reasons. I over spent on half done software. I over expanded too fast. I was over zealous in my action plans without sufficient fall back efforts. I was pompous in my place in SL not realizing that I was just as touchable if Linden Labs wanted me touched. I should have cut interest rates long before I actually did. I should have paid more attention to what Sully was doing especially now knowing that he damn near fired someone that questioned him on the botched up deal he did with Scott. I should have been paying more attention to Seleste who was failing horribly at being a leader. I probably should have never bailed out SLIB or bought 8 Dragons. I should have done more research and shut the hell up more. I should have listened more than I talked. I should have probably never came to SL at all. Life would be a lot better without it.

Am I sorry for it? Hell, yes. Who wants to go down in history as a blow hard failure? I made promises that I couldn’t live up to trying to save face more so than do business. Not that it was done intentionally but I failed a lot of people. Hundreds of people. Millions of lindens. However, not near as much as people claim. I don’t mind taking the blame but at least let it be accurate. Someone said I IPOed a company for 10s of millions of dollars. Never. I have never had an IPO or SPO over 2 million. Collectively, investor funding is less than 5 million period across all the L&L companies. Customer funds minus interest paid out and other bonuses doesn’t equal 5 million either so we are talking about less than 10 million linden here overall so its not like I made off with a tens of millions to buy a car or something stupid. I still drive the same 2001 Altima with no bells and whistles and still live in the same $125,000 house that I pay half the mortgage with my RL boyfriend. I didn’t go create some software real world. I didn’t invest in fighting pit bulls.

For that matter, its disturbing how easily people turn on you as long as you are showing them a tremendous ROI not for once thinking about how that came about. I work a full time job Monday through Friday and a part time job on the weekend. I haven’t made a dime in SL since October 2007 and spent about 11 hours a day for almost 600 days straight in game working on the businesses above and beyond my RL work and trying to secure a viable market for the RL L&L Corp. But people sit there and say I need to reorganize my RL. No, I need to reorganize my SL or there will be no RL. I love this place and hate it at the same time because sacrifice means nothing when you fail.

At the same time though, I am still here. Trying. Trying to do something. I can easily walk away, shut down Lindsay Druart and pop on another avatar and none of you would be the wiser. I could tell you all to go to hell and not bother showing my face at all. I could just log off and walk away but I haven’t. I am still here. Answering questions. Thinking of solutions. Asking for assistance where I may be uninformed. Asking for ideas where I have fallen short. It is EASY for me to leave. But what will that solve? Sure I had some failure but I also had some success and still have some success. Nothing is perfect and nothing is fool proof. For those that believe that something is, slit your throats and die now because the only absolute perfection in life is complete death. I can’t change what I did wrong. At this point, I am playing clean up with the resources I do have and right now it isn’t much.

I don’t want anything from anyone here. I just want to run my business without the excess headache, drama, and issues that have radiated from my SL robbing me of my RL. I just want to log on, handle my business and be done. I am tired of the back and forth. I am tired of the needless whining. I am tired of the text griefers. I am tired of the idiots. I am tired of having to rely on the movements of others to affect my own. This is why I am combining efforts. Because there is too much man power needed to handle them all separately and they will all fail if that continued. I am so sorry that things didn’t go to plan because I feel like I spent an enormous amount of time on something that didn’t even pan out to be 10% worth it at the end of the day. I came into this game with a sound mind, body, good job, good school, friends and family, and about $135,000 USD personal worth. Now I am an angry bitter bitch falling asleep on cue if I don’t take some $400 a month medicine that gained 50 lbs sitting at a computer for hours on end that outcast my RL family and friends in favor of pixel ones that sit around attempting to put spells on me for something I did rping, 2 write ups from losing my job, a college drop out because I can’t focus long enough to finish a class, and worth about $50,000 USD with less than $1,000 of that liquid after shelling out $12,000 USD just to offset what was lost while Seleste failed with LLL and what was lost from currency exchanges during the banking ban and now I am paying for yet another failure that I have very little means of paying which is why I KNOW I WAS LEFT OUT OF THAT DEAL BECAUSE I WOULD HAVE NEVER AGREED TO IT IN A BILLION YEARS. And I was actually wrong about the software cost. It was about $10k USD together with the customizations….anyway….

This place takes a lot out of you when you try hard only to fail or when you repeatedly get walked on for your good graces or even when you just horribly plan how things are supposed to work. It makes you bitter and constantly defensive because you get to a point where you realize no one gives a damn about your SL. It’s only their SL that matters. Until you realize that this place is a whole different psychological make up forged with anonymity and the ability to be as phony as you want to be without much repercussion, you spend needless time trying to please people when if you had spent more time just doing what you loved you would have been more successful. I am not surprised if Sully just said f**k it and decided not to come back. People can do that here. Easy. And leave everyone else holding the bag. I could, too. As much as I want to and God knows I do, I haven’t because DD is right. I have SL obligations and that is the only reason I am still here. My own name reminds me of the bridges I have burned, the mistakes I have made, the constant stench of my own stupidity and immaturity in my actions. But I’m not on an alt. I’m still Lindsay Druart. And I am still running L&L Corporation. No promises. No gimmicks. No thoughts of the grandeur. Just business. None of this is no one’s fault but my own for thinking I was better than the bullshit but I probably caused and fed into more of it than anyone here.

Now, I am going to run the damn company and leave it at that.
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May 22nd, 13:08
Kailen Juran
Re: LLL trading on LLFS?
I believe that I've heard it said that the measure of one's character is not how one deals with successes, but rather one deals with failures. We fail for many reasons, just as we succeed for many reasons. I suspect that the reasons for how everything has turned out are many indeed.

Having been watching the drama that has been taking place recently, I feel that nothing is being gained by screaming at each other. There is a difference between an honest question and an accusation in the form of a question. There is also a difference between corporate communication and reacting defencively. I've seen all of these lately, and I think some order is needed.

I could probably lay out judgments on both sides, but I'll not do so since it does not contribute anything. Instead, I'll simply note that in the long run, we all wish for the same thing. Investors want their investments to not disappear, the company wants to succeed, and customers want their money's worth. Perhaps if we stop tearing at each other, this can be realised.

Just my opinions.
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May 22nd, 14:49
Ashleigh Wade
Re: LLL trading on LLFS?
Well said Kailen.

I do hope you feel better Lindsay. It takes a lot to say the things you've said. I think that you bring to light something that everyone needs to see. And I think you are right, it's time to gather up, take stock, and move forward.

Something I've witnessed over and over for the last year and a half....the crazy plans to expand way too aggressively. I don't know what causes this, maybe hype, maybe the idea that you can create to infinity. I've done it myself. I way overbought land that I never ended up using before I was able to fill my first building. The end result was that I had to take a hit on most of those parcels. I am still paying tier on some parcels that I have yet to put to use. But the hype and the mysticism make the possibilities seem endless. At some point, though, realism must set in. There just aren't enough resources to set forth the ideas in a crazy rapid time frame. I was lucky in that I could act as my own VC. I also was very uncomfortable taking other peoples money on an unproven idea. I see now that I made the right choice because I am beholden to no one and can temper my growth until the right time.

I have to say that pretty much every company I have invested in has not lived up to the hype and projections (well, maybe some have MH Motors and DDE come to mind). The bottom line though is that there has to be some set of realistic expectations and consideration for the fact that we are not all online all the time and that we are human.

Linds, you’ve stepped up to the plate. I admire that. There are times we’ve disagreed and there are times I’ve wondered what in the hell you were thinking when you’ve made some of the decisions you’ve made. However, you’ve shown a eagerness to learn what you don’t know and you’ve had a passion for this place for longer that most of these forum posters here even been in SL. That passion is a double edged sword, though, because it’s also caused some very poor business decisions, but that’s life. I just wish you hadn’t taken people’s money to explore your dream before it was fully planned.

One final note, which has been said before, but I am going to put this out there again…I believe that a lot of the SL finance “scams” were not people intentionally taking other's money and running. I believe that most of them were the result of bad management. I personally knew Nicholas P, Investor Allen and Jasper, as a lot of you did. I believe that Nick disappeared because he was in over his head (over agressive, poor investing) and Allen disappeared because he had no credibility after it was revealed he was Sal Ackland (something I took as a very personal betrayal after standing up for him for so long). Jasper over expanded and spread way too thin. In Nick and Allen's case up until the last minute they were bouncing ideas around our group on how to solve the issues that A) had been forced on them and B) resulted because of poor managment decisions (It's a lot more complicated than that, but I don't have time to write all of it). Ultimately though, the weight of the situation proved too much for them to handle. I don't believe it was any of there intentions to screw anyone and take the money and run (if indeed there was actually any left) Please Lindsay, for the sake of the community don't go that route. You are beholden to those in which you and your delegates made commitment.

That’s enough of that. It is what it is. I would line up your major debtors, investors and panel up some freebie advisors . Let’s move this thing forward. You have a wealth of people to draw on. Kailen is right. The back and forth does nothing.
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May 22nd, 15:20
Delicious Demar
Re: LLL trading on LLFS?
Edited by moderator May 22nd, 22:30
Sh*t Lindsay - now I feel like the whiny bitch.

I guess it's easy to sit on the sidelines and take potshots, and I feel somewhat ashamed that I did that. I hate it when people do that to me, and I should know better. It's too easy to sit behind the keyboard and forget that real people sit behind the keyboards on the other end.

I'm sorry to have contributed to the whirlwind. I might not agree with some things you have done, but you're right - you're still here and trying to salvage it. You don't need a smartass with no stake in the outcome second-guessing you from the sidelines.

Hopefully you can accept my apologies - I don't know that we'll ever be best buds - lol - but I am sorry that I didn't keep my yap shut - both today, and 7 months ago.

Your post here really struck me, because I have had similar thoughts and experiences with SL over the years - seeing how it can assume too big a place in your life and cause a lot of stress and anxiety. I have had business failures in SL as well - the skins i developed never did anything but cost a lot - and before I was into renting land, I ran a number of malls that never really did more than break even (barely) no matter how much work I did on them. As for DDE - there but for the grace of God go I - things have been fine so far - but who knows what the declining US and SL economies, and LL policy changes, are going to do to that.

So, I'll shaddup now, and wish you the best of luck.

dd

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May 22nd, 22:19
Servme Nakamura
Re: LLL trading on LLFS?
Looking back is easy, and hindsight is always 20/20.

We have all spoken out, made mistakes, made decisions that turned out to be wrong, spread ourselves thin, and supported ideas that were not viable in the end. We've laid too much on the line, depended on a stability that turned out to be quicksand and been swooped up, chewed upon and spit out.

At the same time, we've learned, discussed, lost and gained.

Each and everyone of us contributed in their own way to the situation we are in now, and it makes us all what we are and how we react.

Since we can't change the past, we better learn from it and take those things we did right with us to the future. There is no guarantee that things will be better, but I'd rather have an uncertain future we can partially influence then none at all.
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