Nov 17th 2007, 23:16 SLR SL Reports
by Xavier Mohr

Update

SLR activities are going well. We have had great upsurge in traffic and a lot greater user participation on the site - a good thing. We have switched to the same AdSense account that CapEx uses, so I am unable to report or assess revenue in that regard at this time. Given the trend I saw in August, September, and October though I have very high hopes.

Last Saturday I promised a dividend and buyback today that I am having to postpone at this time - I have been extremely busy today with SLR work and RL things and had no time to post an announcement before now.

Arb and I discussed last week hiring a contractor to do a web template redesign or seeking a "prefab" upscale web template to purchase, so I would like to see if we really are going to go through with this or hold off... and how much, if anything, said projects will cost us... before issuing further dividends. I am assuming this would be a big expense if contracted out, but nothing is final right now. I am still looking into some existing more economical template options as well.

I promise to pick up the schedule that I had promised for today as soon as I can or as soon as I know something. I will keep you updated.

I apologize for the turnaround but at this time we need to wait and see what - if anything - we are going to do in regard to this. SLR remains backed by good cash reserves and has grown more in the past two weeks than in the month prior to that. I am more excited about SLR progress right now than I have been in quite some time... but for now just hang in there and I will let you know something as soon as I do.

Thanks,

Xavier