Jan 21st 2008, 15:23 LNL L&L Financial Services
by Lindsay Druart

L&L Financial Services this week

This week was real life hectic for me so I have not been in world as much but I am still hard at work. A few things happened this week that I would like to update the market on.

On January 7th, I started a Project Management class in school and we have just chosen our project for the class which, being a software engineer, will be the building of the CRM system for L&L Corporation Federal Credit Union. I am slowly introducing my team mates to the SL financial sector and so far, the class in intrigued and we are moving forward with the document that will lead to the creation of the CRM system.

A bit of challenging news came last week from the Georgia Department of Banking and Finance. Our contact stated that he would like us to be certain that the sponsoring company, L&L Virtual Holdings, would be insurable by the National Credit Union Association before going forth with the application process. This works perfect as we were pursuing applications with both entities anyway. I had recently halt work on the business plan to facilitate the project management of the CRM system since most of my class has no knowledge of SL and the needs of the business but I am back hard at work on that.

In the midst of the busy week, I forgot to put in transfers for funds to our Paypal account before we ran too low so we are shutting down all withdrawals, Paypal or in world, until we can transfer the funds. I expect to have that issue solved by Monday next week as the holiday will slow down some things. Deposits are still allowed as brokerage trading is still available but I would not suggest deposits for anything outside of that at the moment.

We are commencing the rebranding and I will be finalizing the site changes tonight. Some pages on the site have already been changed but I will be continuing to work on that once I have completed my homework for the day.

The L&L Advertising Network is complete and billboard will start showing up in our sim. We had waited on the deployment of new terminals to make sure the ad network was complete. We will also be finalizing some coding in the terminals to put in disclaimers about guarantees on investment.

Until further notice, we are removing First Meta from our line up of services and stopping loans until we can get a definite answer on the ability to charge interest. All loans should be paid out as soon as possible if possible while we restructure the loan system to be fee based.

The launch of the Global Exchange has been postponed until we complete rebranding as its premise in other metaverses would interfere with SL operations. We expect to have that issue fixed by February 1 so that we will be able to launch the global exchange.

We are hard at work behind the scenes and will continue to move in the direction of rebranding and moving services away from banking while still remaining financial services. Thank you for your continued support.

Sincerely,

Lindsay Druart, CEO
L&L Financial Services
http://www.myllbt.com
lindsay.druart@gmail.com