SL International Business

Many people (annoyingly many) has been sending me IM’s “i haven’t received anything yet”, etc. Here is the timeline, as approximated. Please do not send me IMs asking about when you receive etc. it has been already communicated many many times over the time that you will receive an IM when you receive an reimbursement.

These things do not happen overnight, and it is a lot of work, i mean REALLY a lot of work, just processing are the forms is a heavy time consumer, several minutes per claim, later on several minutes more per reimburse, a total of close to 8-10mins per reimburse. Multiply that with 700.

Approximated Timeline

5th of February - Last of claim forms has been processed and in the sheet
12th of February - Claims processed, SLIB shares assigned. IPO might be ended early to get t the trading floor, for SLIB. (Not SLIB RE)
15th of February - Minimum 500,000L$ worth of buy-backs done. All 3rd party, and non cash or stock requests handled and reimbursed.
15th of March - Bought back for 300,000 to 900,000L$ more. Minimum bought back so far 800,000L$ worth.
15th of April - Minimum bought back so far is 1,250,000L$ worth.
15th of May - Processing of cash balances may be started to process.

Of course, this is approximations with flexible schedule, and it might be way earlier when we are reaching the end, or later. Most important factor is to rake in as much profit as possible, to avoid liquidation of any assets. (Ie. Land or Estates, or selling subsidiaries off).

Timeline for individual processing
Day 1 - Claim received.
Within 3 days, claim processed.
By end of 5th day you have at received IM of claim being processed.
By end of 8th day you have probably already received IM that transfer has been initiated, or some reimbursement (Land, 3rd party stock etc.)

Of course, most likely that schedule is way tighter, but gives us a little bit of room to breathe.

Somethings to consider

It does really take a lot of time to manage something like this, it isn’t done in a rush, everything needs to be thoroughly checked and calculated, please be patient.

Every IM sent to Tyrian Camilo just slows down the whole process, so if it’s a question many people is likely to ask, REFRAIN FROM SENDING AN IM. If you must, IM Lynn Binder. IM’ng with a question every second guy asks is considered to be very rude under these circumstances. It’s tiring to answer the same question 50 times a day.

This is being done solely to keep existing assets and business mostly intact, not selling them off or killing them. Liquidation of any business causes losses.

We are talking about almost doubling the assets here, something which takes time. Remember, the sole idea of the reimbursement plan was to ensure 100% reimbursement and keeping existing businesses running?

There is costs associated to running our businesses, tiers (Mainland + Estates) alone are a minimum of 2,200USD a month, and there is a lot more costs than tiers alone, marketing & advertising, product development, human resources etc. So even when we rake a good margin on each sale, there is a lot of costs to cover from the margin.  Furthermore, a safety margin of funds at hand has to be retained at all times for emergencies.