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Apr Results
Submitted by: Ford Edelman Designs (FED)Date: May 08, 2008
April results were in line with previous months. Net was L$13,778.
We are going to increase exposure and marketing of Double Team Freeplay, the best damn board game in SL :) This will increase expenses slightly but nothing we can't handle.
Please let me know if you have any questions.
Kind Regards,
Ash
Ashleigh Wade
Interim CEO - Ford Edelman Designs
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Ford Edelman Designs
Financial Summary
April 1, 2008 - April 30, 2008
*All Figures are in Linden
April 30, 2008 Assets Under Management
BCXLF - BCX Liquidation Fund Market Value -4/30/08 - $94,057
Operating Cash-$56,611
Apez Account-$3,498
SL Exchange Account-$1,084
FED Inventory and Brand Value-$750,000
Total Assets Under Management-$905,250
Asset Totals on March 31, 2008-$891,472
Revenues
Sales - FED HQ-$9,950
Sales - SL Exchange-$148
Sales - Apez-$499
Total Revenues-$10,597
Holdings Appreciation (Depreciation)
Capital Appreciation (Depreciation) on Shareholdings-$4,181
Total Revenues-$4,181
Expenses
Marketing Expenses - Classified Ad in SL @ L$250/wk-$1,000
Total Expenses-$1,000
Profit/(Loss)/Dividend
Net Profits-$13,778
Dividend Paid-$-
Profits Retained-$13,778
Asset Totals on April 30, 2008-$905,250
Total Outstanding Shares-997,804
Current Share Price - April 30, 2008-$0.70
Profit Margin-329.54%
Price to Earnings Ratio-4.22
Net Asset Value per share-$0.91
Outstanding Shares, Top 5, and Insider Holdings 4/30/2008
Public Shareholders-113,637
Ford Edelman, Chairman and CEO-491,262
Ashleigh Wade, Interim CEO-90,000
Flagusco Delacroix-179,052
Jonathan Seale-79,400
Bapeki Oh-44,453
Total Outstanding-997,804