SLCapex forum - Karlfeldt & Delgado Capital Public Forum

Re: Monthly Financials

Mon, 10 Nov 2008 16:05:05 -0800

Income statement for period ending 31 Oct. 08

Income from stock sales 15,937.61

TOTAL COST OF SALES 0

Gross Profit
Gross Margin 100%
Operating Expenses 0

TOTAL OPERATING EXPENSES 0

Operating Income or Loss 15937.61

Less Dividend to shareholders 15000

RETAINED EARNINGS 937.61

Balance sheet

Cash And Cash Equivalents 33,844.76
Short Term Investments 306,951.67
-----------------------------------------
Total current assets 340,796.43

Stockholders equity 339,858.82
retained earnings 937.61
--------------------------------------------
total stock holders equity 340,796.43
--------------------------------------------
=0.00

shares outstanding 1,500,000

NAV = .23/share

CEO held shares 812,398

KDC treasury shares 252,873
---------------------------------
public float 434,729 shares

Forward Guidance

We have increased stock holder value by .03 per share and paid out a dividend of .01 per share for a total increase in share value of .04 cents in October despite the sinking of RCP a chunk of stock with it. We expect to continue with strong earnings into November and thru the rest of this year.

in topic Monthly Financials by Dezmond Martinek

Re: Droping by

Sat, 01 Nov 2008 08:43:13 -0700

Thank you for the compliment Legolas. I enjoy playing the markets and do the best I can. Glad to hear from you Legolas. Hope all is well.

in topic Droping by by Dezmond Martinek

Droping by

Fri, 31 Oct 2008 22:51:10 -0700

I still read the forums every day. I keep my self up to date on everything that is SLCapex, and with it approaching a year since I steped down as C.E.O. I would like to say what a great job you have done here Dezmond.

The performance, albiet, the survival of the company is a testiment to you character and managment ability Dezmond. I could not have imagined how well you would handle the company when I left. I knew you were good, but not this good.

So as I was saying, just droping by, to say job well done.
Hope to talk to you in game sometime soon.

in topic Droping by by Legolas Delgado

Re: Monthly Financials

Fri, 10 Oct 2008 17:28:39 -0700

Income statement for period ending 30 Sept. 08

Income from stock sales 11,576.92

TOTAL COST OF SALES 0

Gross Profit
Gross Margin 100%
Operating Expenses 0

TOTAL OPERATING EXPENSES 0

Operating Income or Loss 11,576.92

Less Dividend to shareholders 11,500.00

RETAINED EARNINGS 76.92

Balance sheet

Cash And Cash Equivalents 12,346.66
Short Term Investments 313,997.70
-----------------------------------------
Total current assets 326,344.36

Stockholders equity 326,267.44
retained earnings 76.92
--------------------------------------------
total stock holders equity 326,344.36
--------------------------------------------
=0.00

shares outstanding 1,600,000

NAV = .20/share

CEO held shares 855,255

KDC treasury shares 370,001
---------------------------------
public float 374,744 shares

in topic Monthly Financials by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Thu, 09 Oct 2008 06:04:31 -0700

Over the past 12 months, KDC has paid out 259244.97 L in dividends. We have destroyed just under 400000 Shares. Or at the current price 275,000 L in share value. This represents more than 100 percent of the value of the company when I took over as CEO. While it has become increasingly difficult to make a profit in these markets we continue to do so.

This week we will be paying out a dividend. Another 100,000 shares will be destroyed. This will leave 75 percent of the 2,000,000 shares we started with. In the coming year we will continue to work towards earning a profit for our shareholders and distribute them to 25 percent less shares than last year.

In our current position a 10000L per month dividend should be possible. We will do our best to meet and even exceed this target. I would encourage people to look at the facts, look at our track history and evaluate KDC for themselves. I personally do not understand why we continue to trade at such low share prices. I would challenge you to find a company that pays out a better return.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Sat, 13 Sep 2008 09:36:09 -0700

Dezmond,

I can't log into your site.

The Windows Live ID <--------------@hotmail.com> used to sign in does not permit access to the shared workspace or document. Try again using the Windows Live ID associated with the invitation e-mail address.

Can you save in Excel or copy and paste the data to this Forum?

Thanks.

iV

in topic Monthly Financials by iVentures Volitant

Re: Monthly Financials

Wed, 10 Sep 2008 19:00:09 -0700

Financials are posted here

http://workspace.office.live.com/?Partner=SBMembercenterHome#CACRlYWE3YjhkYy1iODcxLTQ1ODgtYWMyNS01OWEyZmI4ODhhNmMAe8wiVQfemSZPmm1LRuM-8lZ9e_F2wKiku-BPgKrQJqIbrXF9

Our profit for august was 2431.43L

We posted a dividend.

Nav is .153L

Out of 1.7 million shares

I own 1,134,607

KDC owns 164,963

leaving 400,430 shares in public float.

Assets total $264,048.59

We have expanded our outlook to include financing some private ventures and feel we can't possibly do any worse than the investments on the exchanges. Also we have been able to make gains on ace with minimal investments of around 20 percent. The problem is there is no real volume in an upward motion to provide us with any reliable income on any exchange.

in topic Monthly Financials by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sat, 16 Aug 2008 07:05:17 -0700

The markets have been moving more this past week and we have been able to take advantage of small trades and price fluctuations. We hope this trend will continue and allow us to make more profits as the summer months come to a close. This has been a brutal summer. If we do 1/4 as well this winter as last winter we should be able to pay out steady dividends again. Of course this is SL and nothing is certain, but at least we have some cause for optomism.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Sun, 10 Aug 2008 17:26:44 -0700

Financials are posted here

http://kdmutual.com/Documents/copy%20of%20KDC%20finacials.xls

We made about 12,500 L in July, and posted half as dividends.

While we are back to posting profits and are posting fine returns for our investments profits continue to be very dissapointing. With the summer months coming to a close I am optomistic we will see improvement.

We will continue to post 50 percent of our profits as dividends each month.

in topic Monthly Financials by Dezmond Martinek

Re: Monthly Financials

Fri, 11 Jul 2008 18:23:24 -0700

Yesterday, 16:01 KDC Karlfeldt & Delgado Capital
by Dezmond Martinek
KDC financials for June
A copy of KDC financial reports can be found at

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

NAV is just over .16 per share

Personal shares 1131201

KDC holds 160158 shares

Our profit for the month of June was 10,174.31 L

July looks to be slightly better. We are making small gains and have optomism for the future. KDC will continue to work hard to produce profits for it's shareholders. We expect to pay a dividend in August of somewhere between .006 L to .012 L per share.

in topic Monthly Financials by Cash Yiyuan

Re: Official Weekly Update - For CEO Posting Only

Wed, 09 Jul 2008 16:08:35 -0700

For the month of June KDC showed a positive income of 10,174.31 L or .006 L per share. I will be posting finacials in the next day or two. July looks more promising although not by much, however we should be able to start paying dividends again in August.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: KDC

Sat, 28 Jun 2008 19:35:49 -0700

The future of KDC is tied in with the future of exchanges in SL. While we have done our best to ensure a profit by investing in various sl companies many of these companies do not meet the commitments made. Losses have been sustained via POW, TNW, HBK, and SLW due to circumstances beyond our control. We have however been able to continue our operations and expect to make a profit each month. This will be modest compared to what we made pre bank ban, but will be profits non the less... provided these incidents of corporate failure to make due on commitments do not continue. We are much more careful but, if we where truly safeguarding money we would not be investing in SL at all period.

Are we worth investing in? That's really up to the investor. The question is really quite funny considering where its coming from. I won't hype KDC. What I do is the very best I can to provide investors with a return and for the most part have. I won't make false promises, I won't IPO a bogus company and pretend to pay dividends and I won't try to forecast the future. What I will do is continue to work hard to make a profit and share this profit with the people who have bought stock in KDC, and if you look at my track record you will see that this has been done consistently right up until recently. The recent problems plague all investors and companies that invest on exchanges in sl. KDC is not immune.

As stated at the beginning of the month the next expected dividend date will be in August. It would appear we are on track. Business is slow, very slow but we are making gains.

in topic KDC by Dezmond Martinek

KDC

Sat, 28 Jun 2008 07:51:23 -0700

Can someone tell me what the future holds for KDC?

Is this a company worth investing in?

in topic KDC by Scott Nestler

Re: Monthly Financials

Tue, 10 Jun 2008 18:39:29 -0700

KDC Financials are posted here

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

We have sustained losses, however we have destroyed 200,000 shares from my own personal account. This helps to offset losses due to our investments in stocks on this exchange. On an up note we are making money on other exchanges and it would appear the worst is behind us. I do not expect further dividends to be paid until July or August.

Our share breakdown is as follows 100,181 shares are held by KDC, 1,126,010 are held by myself. This out of 1,700,000 shares. Our NAV is .163/share.

Thank you,

Dezmond Martinek

in topic Monthly Financials by Dezmond Martinek

Re: Monthly Financials

Fri, 09 May 2008 04:01:22 -0700

Financials for April are posted here.

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

in topic Monthly Financials by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Thu, 01 May 2008 05:43:12 -0700

We have paid out a dividend of .0066 l per share for a total of 12654 L. Total earnings for the month of April where 27198.96 L. I don't have any expectation of much improvement in sl finance over the next month and as such do not expect strong earnings for May. Combine this with the expected loss from TNW and we can a net loss for the month of May. We have however branched out to use VSTEX and hope this will help us boost our revenue.

We where not going to pay out dividends until TNW was resolved but since these things seem to take eternity we decided to pay out dividends at a reduced percentage of earnings until we have actually taken the loss.

Regardless of our current financial position a good look at our recent history will show similar conditions in October. We where able to recover and show strong earnings and increase share holder equity. While we have taken a step back, I am confident we can recover quickly and expect to continue to pay out strong dividends to our share holders. Anyone who takes a good hard look at actual returns can see plainly there are few options that pay higher, more consistant returns than KDC.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Thu, 10 Apr 2008 17:04:35 -0700

financials are posted here

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

You will notice a large decrease in per share value due to overall market conditions. The main factor behind this is TNW's sudden decision to liquidate. We own 128,900 shares in TNW. Share price dropped just under 50% before being halted, leaving us holding the bag. Other factors include, MECH remaining halted, and an overall drop in price for nearly all stocks across the board. Finally we destroyed over 57,000 of our own treasury shares, decreasing the overall company value but increasing each shares individual value.

We expect April to suck. Although we are making money on dividends and sale of stock it will only help to offset the fallout from TNW's decision. If no one takes over the company, a liquidation will likely result in further losses for KDC and its shareholders.

Also we are seeing money leaving this market and don't forsee any reversal in this trend in the near future. It is my expectation that prices will continue to drop across the board, with very few exceptions.

I will not be posting any further dividends until we know what the damage from TNW is going to be. We will need to retain any earnings to offset this loss. Once we know what we are contending with we will be able to write down the loss and move on. At this point we should be able to again pay a steady dividend.

in topic Monthly Financials by Dezmond Martinek

Re: Dividend Policy - For CEO Posting Only

Wed, 02 Apr 2008 16:05:24 -0700

Dividend Structure

75% of Net Profit are paid in dividends. The remaining 25% are used to buy treasury shares OR kept by the company as retained earnings, at the discretion of the CEO. Periodic destruction of treasury shares at the discretion of the CEO facilitates increased earnings ratio's for our shareholders.

in topic Dividend Policy - For CEO Posting Only by Dezmond Martinek

March Totals

Tue, 01 Apr 2008 05:02:18 -0700

Total profits for the month of March where 35747.86 L. Of which 28,500 L have been paid in dividends. Not a banner month but considering the site was down 3 days, POW was not trading and MECH has been halted, as well as other price depressing events we are not surprised by this.

The market has been strange since the banking ban. I don't know what April has in store for us but we will do our best to continue to produce revenue and increase share value for our stock holders. Financials will be posted before the 10th.

Dez.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Sat, 29 Mar 2008 06:58:22 -0700

***Moderator Note***

I have reposted Dezomnd's previous post for Feb's financial reports in the appropriate thread:

Posted on Mar 13th

Financials are posted here http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

We are making profits this month and will be paying out a dividend soon.

in topic Monthly Financials by Kadena Whitfield

update for march

Sat, 29 Mar 2008 06:36:38 -0700

We continue to make gains and I expect another dividend by the end of the month provided there are no unpleasant surprises. This month has been strange and most of our holdings are not fluctuating enough for large gains to be made. This is good for liquidity but bad for profits. I will post more information regarding profits once calculated.

Thank you

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Tue, 18 Mar 2008 05:45:16 -0700

Thus far the month of March has produced a positive income of 22,186.62 L. We reduced outstanding shares by 57,413 shares or about 3 percent of the total company stake thus giving shareholders more earnings potential per share. We will be paying out a dividend before the end of the week of at least .01 L per share.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 16 Mar 2008 07:27:08 -0700

I wanted to post here a breakdown of KDC shares. We will be selling some of the shares we have purchased when prices where low. These are shares owned by KDC not by myself. To make it easier for share holders to decipher what is being sold I will post here my own KDC holdings as well as that which is owned by KDC itself.

Personal KDC shares 1,352,246 shares
sub account created for clients

sub (1) 10527
sub (2) 8865
--------------------
Total KDC Shares in Personally held accounts 1,371,638

KDC shares held to be sold, at CEO discretion, benefiting KDC shareholders. We will not be selling more than 25,000 of these shares during March.

72,120

KDC treasury shares

58,741 - 57413 (to be destroyed)

1328 treasury shares after share cancellation

I am also trying to raise some money for my own personal projects and may sell off up to 25,000 of my own shares. I will post a summary of of what I sell and who it belonged to so that there is no confusion.

Please direct any comments or questions to the appropriate forum.

Thank you,

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: KDC among the most reaible companys

Sat, 15 Mar 2008 08:20:46 -0700

I agree with everyone about the reliability of KDC. Also I think the share destruction is a good idea. Just supports the theme of this forum.

Thanks.

in topic KDC among the most reaible companys by Arnaud Villota

Re: KDC among the most reaible companys

Fri, 14 Mar 2008 14:19:43 -0700

Thank you for tooting my horn:)

I appreciate the support and will continue to do my best to make KDC a good investment.

Dez

in topic KDC among the most reaible companys by Dezmond Martinek

Re: KDC among the most reaible companys

Fri, 14 Mar 2008 11:58:41 -0700

Thumbs up for Dezmond :)

Orage

in topic KDC among the most reaible companys by Orage Lubitsch

Re: KDC among the most reaible companys

Fri, 14 Mar 2008 07:22:52 -0700

I agree Legolas.

in topic KDC among the most reaible companys by Sean4you Shepherd

Re: KDC among the most reaible companys

Fri, 14 Mar 2008 06:58:12 -0700

I agree, consistent financial reporting, straight to the point reports, and no drama.

Dezmond you are doing an amazing job of running the company and I would like to thank you for making an example of how a CEO should operate.

Disclaimer: Not saying there are not other good CEOs, just saying that Dezmond is one of the best.

in topic KDC among the most reaible companys by Legolas Delgado

KDC among the most reliable companys

Fri, 14 Mar 2008 03:03:09 -0700

Hi Dezmond.

Very good work. You and your company are among the most reliable companys within SL.
Sean

in topic KDC among the most reaible companys by Sean4you Shepherd

Re: Official Weekly Update - For CEO Posting Only

Thu, 13 Mar 2008 17:40:56 -0700

Financials are posted here http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

We are making profits this month and will be paying out a dividend soon.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Thu, 28 Feb 2008 14:51:01 -0800

Profits are down due to HBK and it's decision to reward its ceo's with large salaries which resulted in no dividends for its share holders. So as the price fell we dumped them at a loss. Also, most companies failed to pay out dividends for January, this has further decreased our income. However, I expect a net gain for the month of February, it will just be smaller than I had previously expected. We have been in a good position to purchase shares as the prices fell. This should produce more dividends in the months to come. Our share price remains relatively stable despite the volume of KDC shares held by BIG which are apparently being sold off. Fortunately there seems to be a demand for these shares. Considering share price was at about .64 cents last november when I took over this company we are doing very well.

Thank you,

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sat, 16 Feb 2008 07:17:38 -0800

So far this month we made 57553.34 L with our savvy investments. We paid out 20k in dividends. We will pay out another 20k today. We plan to make more money during the second half of the month but expect a period of slower gains due to this sl wallet conversion.

Why people are not buying KDC is beyond me. People should have a look at our dividend history and compare this to other companies. KDC is a strong profit maker and has been since November when I took over this company.

Thank you

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Tue, 12 Feb 2008 15:16:48 -0800

Everything is swell and we are making dough.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Mon, 11 Feb 2008 15:30:25 -0800

posted at

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

in topic Monthly Financials by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 03 Feb 2008 07:37:43 -0800

I will be posting financials soon for the month of January. A preliminary look at the month shows a total profit of 86,288.05 L. We have already paid out about 60,000 L in dividends during January so we will carry 6,288.05 over for February and its dividend pool. Once we have 20k available we will distribute it to shareholders.

Thank you

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

C.E.O. disclosure of holdings

Wed, 23 Jan 2008 16:39:23 -0800

Main
BIG 1200 3,720.00
HBK 5883 8,059.71
INC 48768 60,960.00
KDC 31388 36,410.08
LCA 17500 15,750.00
SLR 20000 20,400.00
TNW 52052 55,175.12
ZEN 3501 4,831.38

---------------------
sub total 205,306.29
---------------------
hold

HBK 35000 47,950.00
KDC 1283237 1,488,554.92
ZEN 400000 552,000.00
-----------------------------
personal holdings
2,293,811.1
-----------------------------
managed accounts
on behalf of individual investors
----------------------
investor 1
KDC 10265 11,804.75
---------------------------
investor 2
HBK 863 957.93
KDC 8000 9,200.00
--------------------------
managed individual accounts total
21,962.68

in topic C.E.O. disclosure of holdings by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Mon, 21 Jan 2008 10:09:37 -0800

The market seems to be stabalizing and it is our hope things will be back to normal soon. Since our last dividend on the 7th of January we have made an additional 16237.28L. We have done this despite the miserable market conditions of which we where in a position to take advantage of. This should ensure continued profits in the months to come provided conditions do not further destabalize the markets.

Cash 12,934.62

BIG 1091 91 3,109.35
HBK 66749 1749 89,443.66
KDC 62001 6000 71,301.15
LCA 12021 12000 10,698.69
POW 16964 12,553.36
SLCX 60000 18,000.00
SLR 235000 5000 150,400.00
TNW 17600 2500 18,128.00
XXX 5001 5000 4,000.80
ZEN 172615 239,934.85

Cash and stock values total
630,504.48L
kdc treasury
KDC 50554 58,137.10

Current value of KDC
688,641.58

value per share .35L

As you can see despite the market conditions KDC continues to pay out strong dividends, earn profits and increase share value.

If you have any questions contact me in world.

Thank you

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: LL banking policy and KDC

Sat, 12 Jan 2008 07:24:51 -0800

KDC will be able to retain at least some assets even if the market fails completely. I will be reviewing the shareholder list to make sure each of the KDC shareholders belongs to our group. Should the market fail I will continue to distribute payments to our members. These payments will be meager in comparison to our recent dividends but are something and will grow over time. I will negotiate with the companies we hold shares in to retain our ownership and our shares of the profis. I am not going to fold and hand you pennies as I walk away. I have a commitment to KDC shareholders to provide a return and will do my best despite the circumstances to do so.

in topic LL banking policy and KDC by Dezmond Martinek

Correction

Fri, 11 Jan 2008 13:51:41 -0800

I neglected to add our SLR shares in the above post. This is great news because we have 236,219 SLR shares valued at 137,007.02 L. This gives us a net asset gain of 27k since I took over this company in November in addition to the dividends of over 110k that have been paid. Despite this sharp downturn we are in great health.

Actual KDC assets are..517,404.40 L

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Fri, 11 Jan 2008 13:36:18 -0800

What a week! I am posting this early so that people can see where we are at. I will list out our assets as they are valued currently. I believe this crisis is thru its worst now. We should have one more bad day as week-end traders sell off. After this I fully expect a lull in trading as prices once again begin to rise. Thus it is my belief the values listed below are rock bottom and we can expect nothing but an increase in value over the next few months. While I have yet to have calculated further profits this month after having paid out a special dividend I can tell you we are still making money and we still expect to pay out a dividend at the end of this month. Also should the problems be resolved there will be further profits generated by the fact that we have been buying stocks at rock bottom prices. I am very hopeful that the future continues to be bright.

Cash 26745.00

Stocks

HBK 66,749 70,753.94
KDC 62,190 33,582.60
LCA 12,021 6,611.55
POW 15,022 8,413.32
SLCX 60,000 16,200.00
TNW 6,750 7,560.00
XXX 5,001 3,500.70
ZEN 172,615 222,673.35
-----------------------
total stock value 353,098.76

treasury shares

KDC 50,553 27,298.62

-----------------------------
total current assets 407,142.38 L

As such we have hit a record low this week, however we are only down 70k since I took over this company and we have paid out approximately 110k in dividends.

Considering the current state of the market KDC is in excellent health and will continue to provide its investors with regular dividends and increased share value so long as we are allowed to operate.

I am very optimistic that KDC will continue its operations in SL and will continue to provide it's investors with an excellent return.

Thank you .. Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: LL banking policy and KDC

Thu, 10 Jan 2008 16:44:58 -0800

I applaud you for trying. Worst case scenario that everything collapses (which does not seem probable), I think you would be respected for fighting through the situation to the bitter end.

I'm crossing my fingers and pulling for you... just like I am with every CEO and company affected by this new policy from LL.

in topic LL banking policy and KDC by Xavier Mohr

Re: LL banking policy and KDC

Thu, 10 Jan 2008 14:29:24 -0800

Thank you for continuing to try as a investor and long time member of the financial community i will do all i can to support you and all other companies willing to work hard to keep there companies alive. I am making an effort to buy as many shares of each company continuing and willing to live through this disaster.

in topic LL banking policy and KDC by Adamar Clark

Re: LL banking policy and KDC

Thu, 10 Jan 2008 11:12:26 -0800

We are still making money folks. I don't fault people for selling, but really are you going to be able to get your assets out any quicker by dumping your shares?

As long as I still have cash available I will continue to place bids out there for KDC. I have so much money tied up in the market its do or die for me. A few hundred bucks isn't going to save my backside. I would far rather gamble on the market in hopes of recovering some 12,500 USD. The way I look at it is I either get a few hundred bucks or I buy now and when things are resolved have even more money than I started with.

Everyone needs to make thier own choices here but seriously folks dumping your stocks is only going to hurt your pocketbooks at this point. At least if you keep them you will have a chance at getting something out of all this. Stick with me and if we can continue trading I will continue to apply the same techniques that drew in some 300 percent profit for me since June to KDC and share these profits with each of you who owns KDC stock. Or... sell them for half of what you paid to me and I will keep it for myself... up to you.

in topic LL banking policy and KDC by Dezmond Martinek

LL banking policy and KDC

Wed, 09 Jan 2008 10:50:15 -0800

We are taking a hit like everyone else here. Our shares are backed almost entirely in SL stock. Should the financial sector collapse KDC will have zero assets. That said... I have faith that a workable solution will emerge and the markets will recover.

KDC will continue to operate as usual.

in topic LL banking policy and KDC by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 06 Jan 2008 14:17:25 -0800

Partial profits for the month of January to date are 50914.26 L. Once I have finished the other accounts to date I will be posting an additional dividend of .01 to .02 L depending on the results. This should take place some time within the next 2 - 3 days. Also we have continued to repurchase shares and will do so as we feel those selling at the current price are cheating themselves and are just unscrupulous enough to take advantage :)

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Sun, 06 Jan 2008 09:37:38 -0800

Monthly financials are posted for the period ending Dec 31 2007 at

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

December was a slow month we expect January to be fantastic.

in topic Monthly Financials by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sat, 05 Jan 2008 13:54:23 -0800

KDC is experiencing very strong gains this week. We took advantage of the December lull and things have picked up but how! I have yet to calculate the profits for the week, however I can tell you another dividend will be posted before mid Month of at least .01 L. Also we have reduced float considerably thus increasing share price for all of you who hold shares in KDC. When and if we release these shares back on to the market KDC share holders will benefit with marked profit margins on these shares which will be paid out in dividends. We still hold TNW, SLR, and HBK in quantity and expect to make further profits this month which wil hopefully result in a record month for KDC. More to come as information becomes available..

Thank you

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Mon, 31 Dec 2007 17:49:05 -0800

Trading has picked up this week and profits are up. I will be posting financials this week as well as a dividend. I want to wish everyone a happy New Year.

Regards,

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Tue, 25 Dec 2007 06:49:39 -0800

Although trading is slow this week has been far better than the last. We have still only made meager gains this month, however profits will be distributed in the form of dividends at months end. Merry Christmas to all.

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Mon, 17 Dec 2007 07:08:57 -0800

Trading continues to be slow. We continue to make small gains. I am however happy to report that KDC will continue to provide dividends for its shareholders. We will be paying out a dividend of at least .01 L at the close of this month. We still hope to make some strong gains, however with the holidays approaching I believe it is unlikely that trading will pick up until the New Year. I will try to post a break down of current holdings and profits for the month of december some time this week.

Regards,

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Mon, 10 Dec 2007 21:01:27 -0800

Montly financials for the period ending Nov 30 are posted at
http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

in topic Monthly Financials by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Mon, 10 Dec 2007 05:15:21 -0800

We are continuing to make money. No strong gains this week. Financials will be posted today. I may add to this summary later but wanted to make sure to get a post in as the week closed yesterday.

Regards,

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Is there something wrong ?

Sat, 08 Dec 2007 23:48:42 -0800

Probably not JohnLuke. It's most likely that the SAME PERSON has Bid & Ask Orders in at the same Price (you can't Buy or Sell from Yourself).

I won't speculate what the specific strategy might be in this instance, but this situation happens frequently when an Investor has StopGap Limits in and there's been movement +/- of their targets.

Bo Beck

in topic Is there something wrong ? by Bogart Beck

Is there something wrong ?

Sat, 08 Dec 2007 23:41:13 -0800

Today at 11:21 pm SL time, in the "trade" section, I've seen a table like this:

Buy Orders
Price Shares
0.69 12241
0.59 21845

Sell Orders
Price Shares
0.69 7018
0.70 1718

Is there something wrong with the software or what else ?

in topic Is there something wrong ? by JohnLuke Seale

Re: Karlfeldt & Delgado Mutual Stock Ratings

Mon, 03 Dec 2007 14:07:36 -0800

It should probably should live in the General thread

in topic Karlfeldt & Delgado Mutual Stock Ratings by Cayman Beaumont

Re: Karlfeldt & Delgado Mutual Stock Ratings

Mon, 03 Dec 2007 12:37:38 -0800

Sure thing, should I make one in the KDC forum or in general? Where people can debate the rating and my views ect?

in topic Karlfeldt & Delgado Mutual Stock Ratings by Legolas Delgado

Re: Karlfeldt & Delgado Mutual Stock Ratings

Mon, 03 Dec 2007 11:50:11 -0800

Legolas,

Why don't you open a new thread, it's always a good debating point, especially if you justify your reasoning in detail.

Regards,

CB

in topic Karlfeldt & Delgado Mutual Stock Ratings by Cayman Beaumont

Re: Karlfeldt & Delgado Mutual Stock Ratings

Mon, 03 Dec 2007 10:00:39 -0800

It took some time, but the ratings have been effectivly updated. If anyone is looking for personal investing advice please feel free to IM Legolas Delgado

in topic Karlfeldt & Delgado Mutual Stock Ratings by Kdmutual Planer

Re: Official Weekly Update - For CEO Posting Only

Sun, 02 Dec 2007 15:00:54 -0800

It has been a good week thus far. We where able to pay out a nice dividend, closing the month with a total profit of 61708.33 for November. We paid out 45000 in dividends, purchased 23989 KDC treasury shares, and carried a 1708.33L profit over to add to Decembers profits. Two days into the month we have already earned 5034.76 L including the carried profit from November. We expect additional profits from dividends this coming week. Zen announced they would be paying a dividend this month and we retain 172k shares.

The Allen shares have been absorbed into the market and while we still have 300k shares of KDC under BBX's management, Mr. Beck kindly agreed to hold these shares for several months to alleviate any further severe downward pressure on our stock price. I have purchased an additional 60517 KDC shares to add to my own personal portfolio as well as 5250 shares I have purchased for a clients personal portfolio.

I expect regular dividends to be paid to all KDC share holders for the near future and may go to bi-monthly payments. I will continue to work hard to earn dividends for KDC as well as increase average share value.

Cash 32833.16

Stocks and values

BBX 16,250 41,437.50
HBK 30,969 30,969.00
WNB 27,300 24,570.00
PSG 7,078 7,785.80
SLR 275,371 154,207.76
TNW 17,001 18,021.06
ZEN 172,747 262,575.44
BBIB 5,886 4,237.92
BCX 6,333 7,916.25

Total stock value 551,720.73

Treasury shares

KDC 45,1878 31,179.03

Value of Company 615,732.92

Last dividend paid on 11/30 45,000

Next expected dividend date 12/30

Our profits will rise in conjunction with our company assets.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Month of November

Sat, 01 Dec 2007 11:20:35 -0800

Actual earnings where 61708.33. The slight desparity is a result of a slight loss we took when I decided to pull all funds from ACE. The high comission rates, no interest, and questionable information available all contributed to a this decision. We did pull in an overall gain from ACE but it is my feeling this market is too risky right now. We may have slightly lower returns for the month of December as a result, however, it is my belief we can continue to make profits in proven markets. I will be publishing financials before the 10th as per Capex policy.

in topic Month of November by Dezmond Martinek

Re: Possible reverse stock split

Wed, 28 Nov 2007 20:11:51 -0800

Yeah this is SL price is dictated more by supply and demand than anything else. That is pretty plain when you look at other companies.... ie verbalis which has earned nothing for its sharehodlers yet is selling at a foolish price. Anyhow it is plain where your position lies Bo, just as it is fairly obvious as to why I might have suggested it in the first place. Obviously this avenue has been cut as well, not by your well researched and lengthy comments but by the statement that we will be billed for any split, thus making it a win win situation for Capex. Capex has done well by hiring you. Well calculated, I tip my hat to you and will now go rub my arse.

in topic Possible reverse stock split by Dezmond Martinek

Re: Possible reverse stock split

Wed, 28 Nov 2007 17:42:40 -0800

Dez, I'm not sure a Reverse-Split is the message you really want to send to potential investors. Most folks view them as a NEGATIVE SIGNAL, not a positive.

Also, food for thought; currently our software has no simple mechanism for actually performing the split itself. We'd have to charge you our actual out-of-pocket costs (programmer and data entry) to facilitate such a move... if you'd like me to get a quote for you I am happy to do that.

For consideration, I've included a recent (11/06/07) article by columnist Michael Brush that helps explain the negative psychology of a Reverse-Split.

Cheers,

Bo

"The wretched truth about reverse stock splits"

These desperation moves - bundling shares for sale at a higher price - rarely lift faltering stocks for long. Odds are better for short-sellers. Heres what to keep in mind.

By Michael Brush

In a last-ditch effort to cling to their listings on the major stock exchanges, many companies such as Lucent Technologies (LU, news, msgs) may be resorting to the markets version of the Hail Mary pass in coming months.

Pay attention, because these desperation plays, known as reverse stock splits, can signal sharp declines ahead that could wipe out a good part of your wealth.

A reverse split is simply a maneuver to get a stock up above $1 and thus free of the danger zone that gets companies booted off an exchange. Managers typically cobble together as many shares as it takes to get one share worth more than $5 to win their reprieve.

Though the intentions seem sound, its better to look at a reverse split as a flashing red light warning that you may need to kick a stock out of your portfolio. As many as 75% of all stocks wind up trading lower after a reverse split.

Investors who failed to sell shares in several reverse splits in just the past few months have seen their holdings get hit by 60% or more in no time, despite the overall market strength.

Big losses

Internet-strategy consulting firm Razorfish (RAZF, news, msgs) narrowly clung to its Nasdaq listing with a 1-for-30 reverse split last July. The move readjusted its share price up to about $5 from less than 20 cents. Since then, the stock has drifted down 67% to $1.69. Click Commerce (CKCM, news, msgs) lost 63% in the three weeks following its reverse split in early September, trading down to $1 from around $2.75. Likewise, Holiday RV Superstores (RVEE, news, msgs) shed around 67% to trade under $1 from about $2.75 less than two months after its early August reverse split.

Other companies recently launching reverse splits -- or mulling them include AT&T (T, news, msgs) and many of the other former high-fliers trying to repair the damage suffered since the market bubble burst. Palm (PALMD, news, msgs) and fiber-optic component maker Stratos Lightwave (STLWD, news, msgs) have recently resorted to reverse splits. So have Internet software providers Commerce One (CMRC, news, msgs), Verticalnet (VERT, news, msgs) and Docent (DCNTD, news, msgs).

Some companies using reverse splits will survive and prosper, of course. But on average, shorting them can bring gains of up to 37%. Thats how much, on average, stocks tend to decline by three years after a reverse split, according to academic studies. (Investors short stocks by borrowing shares, selling them and replacing them later at a lower price.) A good portion of that decline often happens in the first few months.

Smaller companies -- or those under $500 million in market capitalization -- tend to do the worst. On average, they fall up to 44% three years after the reverse split, says Crocker Coulson, of the investor relations firm Coffin Communications Group. Reverse splits are harder on Nasdaq companies than those listed on other exchanges.

The reverse split jinx

Why do stocks usually sink after reverse splits? The answer is simple. A stock isnt trading under a dollar unless it is pretty close to bankruptcy or it has some other serious troubles, says Charles Jones, who teaches finance at Columbia Business School. And that is not changed by a reverse split.

Put another way, reverse splits are like a message from management that the underlying business trends are so rotten, they wont be enough to get the stock price up to snuff.

To be sure, companies cite lots of good reasons to do reverse splits, beyond the need to meet listing requirements. Many fund managers shun stocks under $5 because they appear too speculative. Investors cant use margin to buy stocks under $5. And Wall Street brokerages are reluctant to push stocks down in this trading range. All of these factors limit demand.

Whats more, a lot of companies simply have too much stock outstanding after the excesses of the market bubble days when they created huge numbers of shares to support stock option bonanzas and pointless acquisitions. We are still recovering from the great binge of the late 1990s, says Coulson.

The pitfalls of shorting reverse splits

Even though 75% of reverse splits end up declining, it is not as easy making money shorting them as you might think. The 25% that go up can go up so much they wipe you out, says Andrew Lo, a finance professor at Massachusetts Institute of Technologys Sloan School of Management.

For example, j2 Global Communications (JCOM, news, msgs), which provides messaging services, shot up an impressive 800% to more than $27 recently. Its reverse split came just 18 months ago. With that kind of risk to shorting these stocks in mind, here are the key investing rules to keep in mind.

Avoid shorting companies whose prospects improved around the time of the reverse split. Interstate Hotels and Resorts (IHR, news, msgs), a small Washington, D.C.-based hotel management company, slipped to $2.50 per share from $3.40 immediately after it announced a 1-for-5 reverse split at the beginning of August. Anyone who stayed short through that reverse split would have gotten crushed by now, however. The stock has moved up 60% to around $4 per share recently, in part because of moves to cut costs and improve financial strength following a merger, says John Emery, the president of the company.

You also have to consider the fundamentals for a companys sector, of course. Lucent, which is asking shareholders for permission to do a reverse split because its shares are hovering dangerously close to the $1 mark, believes it will be profitable next year. But if overcapacity and weak demand for telecom equipment continue to plague the sector, Lucent shares will be a good short if it goes through with a reverse split that would take shares back up above $15.

Avoid shorting the reverse split stocks with decent financial strength. Ethyl (EY, news, msgs), a small Richmond, Va., producer of fuel additives and lubricants, might have appeared to be a good short candidate after it did a reverse stock split at the end of June. But a closer look would have revealed good enough cash flow to survive -- despite high debt levels that were troubling investors.

Sure enough, Ethyl -- which has no coverage by Wall Street analysts -- recently tacked on a short-killing 50% when it announced good quarterly results. Most of the penny stocks that do reverse splits have cash flow problems, says David Fiorenza, finance chief for the company. But we make stuff and sell stuff and we have good cash flow. The company is also around 30% owned by insiders, another sign of strength to watch for.

Avoid shorting companies doing a reverse split for appearances. After AT&T spins out its broadband business to Comcast (CMCSK, news, msgs) in the days ahead, the phone companys shares will trade in the $5 to $7 range. Thats not low enough to get kicked off the New York Stock Exchange. But it seems too low a price for a company with $40 billion in annual revenue. Thats one reason AT&T plans to do a 1-for-5 reverse split to move its shares into the upper $20 range.

Other tips

Remember that reverse stock splits that dont take a companys shares above $5 may be difficult to short, because its often hard to short stocks below $5. Most reverse splits, however, do move shares back above $5. Typically the less dramatic reverse splits -- like a 1-for-2 swap -- dont suffer as much. If you are hunting for reverse splits to short, look for cases where massive changes are needed to get a stock up to a respectable price level, like Palms conversion of 20 shares into one share.

Despite some exceptions, the bottom line is that most reverse splits spell trouble because theyre simply cosmetic changes that do nothing to reverse ugly trends at a company. Perhaps Yogi Berra put it best. When asked once how he wanted his pizza cut, he quipped: "You'd better make it four. I don't think I can eat six pieces."

At the time of publication, Michael Brush did not own or control shares in any of the companies listed in this column.

in topic Possible reverse stock split by Bogart Beck

Re: Possible reverse stock split

Wed, 28 Nov 2007 17:26:27 -0800

I'm indifferent to the matter. If you think it's best for the company, let's do it.

in topic Possible reverse stock split by Guardian Market

Re: Possible reverse stock split

Wed, 28 Nov 2007 08:56:11 -0800

sounds good to me....

in topic Possible reverse stock split by Stroh Bing

Re: Possible reverse stock split

Wed, 28 Nov 2007 08:16:29 -0800

All systems go

in topic Possible reverse stock split by Legolas Delgado

Re: Month of November

Wed, 28 Nov 2007 07:18:31 -0800

Preliminary profits thus far for November are approximately 62203.14 L. Or 10 percent of total assets under management. I hope we can continue to earn at this rate.

Thanx, Dez

in topic Month of November by Dezmond Martinek

Possible reverse stock split

Wed, 28 Nov 2007 04:03:53 -0800

I would like some feedback on a reverse stock split. I believe this may help with the current situation of outstanding shares and would like to know what my investors think of the idea.

in topic Possible reverse stock split by Dezmond Martinek

trading halt

Sun, 25 Nov 2007 12:34:26 -0800

Todays trading halt was most likely caused by a sharp spike in price as a result of posted earnings to date. I am sorry for the interuption in trading, though I have no control over such things. It will likely be rectified soon. Thank you for your patience.

Regards,

Dezmond Martinek

in topic trading halt by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 25 Nov 2007 11:43:32 -0800

Ack! my 7 key keeps sticking to my 8, its love I think. Please note the above value of KDC should be 627,658.64.. we are not in the millions yet.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 25 Nov 2007 11:39:24 -0800

Current holdings and values

Cash 73942.87

BNT 448431 85201.89
RIS 17384 31291.2
BBIB 3486 2370.48
LIF 2500 1800.00
BBX 16250 34125.00
HBK 27759 27481.41
SLR 157787 77315.63
ZEN 174186 271730.16

Value of Stock 531315.77

Treasury Shares

KDC 40000 22400

Value of Company 6276578.64

Value per share .32

Next expected dividend date 12/01

Div/share of at least .02

This months profits thus far are 60,836.90 L
We have spent a total of 11,870.56 to purchase KDC treasury shares. Leaving thus far 48,966.34 available for dividends. Previously KDC was using 1/2 its profits to repurchase shares. I believe we will use 1/4 for share repurchase. We will hold these shares in treasury and use dividends paid to these shares to add value to the company. We will hold these shares so that in the future if we require more funds we can resell them instead of doing a secondary offer. If you have any questions comments or ideas please be sure to IM me in world. I am always glad to talk with people. Thank you for your attention.

Regards,

Dezmond Martinek

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 25 Nov 2007 09:48:35 -0800

It has once again been a terrific week for KDC. I have not yet calculated all of our profits for the month, however since I took over the company on the 5th we have made more than 55779.49 L. I will try to get a breakdown of our holdings and a calculation of profits to date posted over the next day or so. The above figure does not include this weeks BNT profits or any of our small profits from trading on ISE. It is not an estimate but remains incomplete. I expect the total figure is in the ballpark of 60k. Once again I wish to disclose that I am buying as many KDC shares as I can afford to buy. This weeks total is 46636 shares added to my personal portfolio. I will continue to buy more as I am able to do so. I am buying based on the same information I disclose weekly here and have not sold 1 share nor do I plan to in the near future. There will be a dividend posted the first week of December.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 18 Nov 2007 09:36:30 -0800

We continue to make profits and are expecting this to continue. Since I have taken control of KDC on the 5th of this month we have made more than 30,000L. Despite the relatively low NAV I believe the earnings will justify an increased share price and as such have purchased 105777 shares for my own personal portfolio. I will continue to purchase more as I am able as I feel KDC is a good investment and well worth it's current share price. We have also added 7870 additional shares of KDC with a fraction of our profits and placed them in a treasury account.

Current holdings and values:

BBX 15922 32,958.54
HBK 27759 26,093.46
PSG 13030 12,769.40
SLR 13605 8,026.95
SLTM 4636 5,563.20
ZEN 180521 285,223.18
BBIB 986 640.90
GIF 38 645.24
LIF 2500 1,550.00
BNT 283052 67,932.48
ESN 47197 51,916.70
RIS 15220 34,853.80

value of stock 522,610.65

Treasury Shares

KDC 30000 25,600

Cash on Hand 74,543.02

Total Value of Company 622,753.67 L

current value per share .32

Next expected dividend date 12/01

Thank you for your attention, Dezmond Martinek

If you have any questions feel free to IM me in World or post in forums, Thanks.

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: CEO disclosure of share aquisition

Tue, 13 Nov 2007 19:23:55 -0800

I have added another 40000 KDC shares today for a total of 71000 shares over the last 10 days to my personal portfolio. I will continue to purchase shares as I have funds available.

in topic CEO disclosure of share aquisition by Dezmond Martinek

Month of November

Tue, 13 Nov 2007 06:10:15 -0800

We have hit the 20k profit mark for the month of November. It appears we will continue to make gains but then one never knows, the market is a fickle lady.

in topic Month of November by Dezmond Martinek

Re: CEO disclosure of share aquisition

Mon, 12 Nov 2007 12:48:02 -0800

I have added another 10500 shares to my portfolio for a total of 31000 shares over the past 8-9 days. I will continue to purchase more shares as I have funds available.

Dezmond Martinek

in topic CEO disclosure of share aquisition by Dezmond Martinek

CEO disclosure of share aquisition

Sun, 11 Nov 2007 10:34:28 -0800

I would like to disclose at this time that I have added 20500 shares to my personal portfolio and will continue to add shares as I have funds available.

Dezmond Martinek

in topic CEO disclosure of share aquisition by Dezmond Martinek

Re: Official Weekly Update - For CEO Posting Only

Sun, 11 Nov 2007 09:15:50 -0800

It has been a great week. We have been able to secure most of the Zen float and expect it will be trading above it's NAV of 1.27, at 1.50 or higher. We have made money on many small trades as well as a few larger ones. We have secured dividends from some of our investments. We have spent some of the profits we earned to buy back KDC shares at market price and placed them in a treasury account.

Current holdings and values:

Co Shares Market

BBX 15922 27,545.06
HBK 27419 29,612.52
PSG 1923 2,326.83
ZEN 181631 363,262.00
BNT 314582 94,374.60
ESN 36925 55,387.50
RIS 11760 23,520.00

Assets 501,653.91

Treasury shares

KDC 32130 20,241.90

Cash on hand: 99,479.85

Value of Co. 621,375.66

current value per share .31

Next expected dividend date 12/01

Thank you for your attention,

Dezmond Martinek KDC CEO

in topic Official Weekly Update - For CEO Posting Only by Dezmond Martinek

Re: Monthly Financials

Sat, 10 Nov 2007 16:56:02 -0800

Monthly Financials had been posted on the 1st and can be found at

http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

I will be posting a weekly update soon. Everything is moving along smoothly. We are making great progress this month and I expect a dividend to be paid out when financials are posted for the month of November.

in topic Monthly Financials by Dezmond Martinek

Re: Sale of KDC

Sat, 03 Nov 2007 20:29:27 -0700

Legolas & Dezmond:

Congratulations to you both on the sale and purchase. I have watched KDC become and maintain its position as one of the stronger companies on AVIX, and now CapEx.

I look forward to a long time further of results from KDC and insightful advice to the Second Life trading public.

Best of luck to both of you in your new endeavors.

Sincerely,

Xavier Mohr

in topic Sale of KDC by Xavier Mohr

Sale of KDC

Sat, 03 Nov 2007 19:38:09 -0700

Karlfeldt & Delgado Capital Weekly Update

Current Holdings

KDC 21,198; “L$15,050.58”
ZEN 166,428; “L$166,428.00”
BNT 466,957; “L$144,756.67”
BBX 8752 “L$16,803.84”

Current L$ Balance
JT Financial “L$162,140.03”
ACE “L$16,406.40”

Starting Value of Company; “L$470,250”
Total Value of Company; “L$488,090.6”
Total Value of Dividends Paid to Date; L$158,068.37
Next Expected Dividend Per Share; Due to the loss on the land and not GPB there is no expected dividend date.

Dezmond Martinek will be purchasing the majority hold of Karlfeldt & Delgado Capital and becoming the acting CEO. He is a respected SL stock trader within SL and has been following the SL markets for as long as I have. His photo ID has already been cleared by SLCapEx and they have been aware of the deal since its inception. The reason for the sale of KDC is I personally believe it is time for me to move to my next Second Life project. As anyone who has followed me through my SL business experience knows that Karlfeldt & Delgado Capital is only a sub company of Karlfeldt & Delgado Mutual. I will be refocusing on K&D Mutual now that K&D Capital is being sold. Dezmond will be buying 1,000,000 shares of KDC for L$100,000. With this comes the responsibility of managing the company and living up to the Karlfeldt &Delgado Capital name, which has grown over 40% in 5 months. All assets of KDC will be transferred to Dezmond. I will be staying in the company as a director to help smooth out the transition of ownership. The company will maintain the same name. Below is the contract signed by both Dezmond and I. The assets have since changed to what is listed above however they have only changed under the direction of Dezmond. The last financial statement by Legolas Delgado for KDC can be found at http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

Karlfeldt & Delgado Mutual is selling their majority hold in Karlfeldt & Delgado Capital (now known as KDC) to Dezmond Martinek (now known as buyer). A total of one million (1,000,000) shares will be transferred to buyer in this transfer, along with all assets that KDC possess excluding Karlfeldt & Delgado Tower, and the land it is placed on. These assets include 8,752 shares in BBX, 21,198 shares in KDC. 166,428 shares in ZEN, 500,000 shares in BNT, 726,719 shares in GPB, L$20,000 to be placed in an administrative fees sub account, all L$ currently in Legolas Delgado’s (now known as seller) sub account labeled transfer, currently at L$ 95,133.78 on October 22, 2007 and the ending balance on the 90 day CD currently held by KDC at LLBnT. At the same time that the shares and L$ held on SLCapEx, and all shares of BNT and GPB, have been transfer to buyer. L$100,000 will be transferred to seller as payment to seller.

The transfer is to take place not before November 1st but on that day or soon after. Seller will post the financial report for the month of October before the transfer takes place. Seller will remain CEO until the transfer is complete. When the transfer is complete seller will step down as CEO and buyer will then become the acting CEO of KDC. Seller will remain in KDC in an advisory position only supplementing buyer’s ability to run the company. Buyer will now be liable for all weekly updates and monthly financial reports.

This contract is pending approval by SLCapEx and their willingness to support the transfer. LukeConnell Vandeverre, and IntLibber Brautigan will also be contacted and expected to transfer shares that are held on their respective exchanges.

Buyer
Sign Here: Dezmond Martineck

Seller
Sign Here: Legolas Delgado

Here is Dezmond’s message to the public and share holders.
Hello, I would like to introduce myself as the new CEO of KDC. It is my mission to bring greater value and dividends to shareholders thru investment in SL markets. Of late much fraud and dishonesty has dealt blows to this company, individual investors and other sectors of the SL economy. This has affected the bottom line of KDC. I will work hard to rebuild the share value and provide investors with regular dividends. I look forward to working with shareholders and others. Should you have any questions or concerns please don’t hesitate to IM me in world. Thank you for your attention.

Dezmond Martinek KDC C.E.O.

I look forward to future SL in devours.
Sincerely
-Legolas Delgado

I am sure there will be question, please post them here.

in topic Sale of KDC by Legolas Delgado

Re: Official Weekly Update - For CEO Posting Only

Sat, 03 Nov 2007 19:36:57 -0700

Karlfeldt & Delgado Capital Weekly Update

Current Holdings

KDC 21,198; “L$15,050.58”
ZEN 166,428; “L$166,428.00”
BNT 466,957; “L$144,756.67”
BBX 8752 “L$16,803.84”

Current L$ Balance
JT Financial “L$162,140.03”
ACE “L$16,406.40”

Starting Value of Company; “L$470,250”
Total Value of Company; “L$488,090.6”
Total Value of Dividends Paid to Date; L$158,068.37
Next Expected Dividend Per Share; Due to the loss on the land and not GPB there is no expected dividend date.

Dezmond Martinek will be purchasing the majority hold of Karlfeldt & Delgado Capital and becoming the acting CEO. He is a respected SL stock trader within SL and has been following the SL markets for as long as I have. His photo ID has already been cleared by SLCapEx and they have been aware of the deal since its inception. The reason for the sale of KDC is I personally believe it is time for me to move to my next Second Life project. As anyone who has followed me through my SL business experience knows that Karlfeldt & Delgado Capital is only a sub company of Karlfeldt & Delgado Mutual. I will be refocusing on K&D Mutual now that K&D Capital is being sold. Dezmond will be buying 1,000,000 shares of KDC for L$100,000. With this comes the responsibility of managing the company and living up to the Karlfeldt &Delgado Capital name, which has grown over 40% in 5 months. All assets of KDC will be transferred to Dezmond. I will be staying in the company as a director to help smooth out the transition of ownership. The company will maintain the same name. Below is the contract signed by both Dezmond and I. The assets have since changed to what is listed above however they have only changed under the direction of Dezmond. The last financial statement by Legolas Delgado for KDC can be found at http://kdmutual.com/Documents/Copy%20of%20KDC-FinancialReports.xls

Karlfeldt & Delgado Mutual is selling their majority hold in Karlfeldt & Delgado Capital (now known as KDC) to Dezmond Martinek (now known as buyer). A total of one million (1,000,000) shares will be transferred to buyer in this transfer, along with all assets that KDC possess excluding Karlfeldt & Delgado Tower, and the land it is placed on. These assets include 8,752 shares in BBX, 21,198 shares in KDC. 166,428 shares in ZEN, 500,000 shares in BNT, 726,719 shares in GPB, L$20,000 to be placed in an administrative fees sub account, all L$ currently in Legolas Delgado’s (now known as seller) sub account labeled transfer, currently at L$ 95,133.78 on October 22, 2007 and the ending balance on the 90 day CD currently held by KDC at LLBnT. At the same time that the shares and L$ held on SLCapEx, and all shares of BNT and GPB, have been transfer to buyer. L$100,000 will be transferred to seller as payment to seller.

The transfer is to take place not before November 1st but on that day or soon after. Seller will post the financial report for the month of October before the transfer takes place. Seller will remain CEO until the transfer is complete. When the transfer is complete seller will step down as CEO and buyer will then become the acting CEO of KDC. Seller will remain in KDC in an advisory position only supplementing buyer’s ability to run the company. Buyer will now be liable for all weekly updates and monthly financial reports.

This contract is pending approval by SLCapEx and their willingness to support the transfer. LukeConnell Vandeverre, and IntLibber Brautigan will also be contacted and expected to transfer shares that are held on their respective exchanges.

Buyer
Sign Here: Dezmond Martineck

Seller
Sign Here: Legolas Delgado

Here is Dezmond’s message to the public and share holders.
Hello, I would like to introduce myself as the new CEO of KDC. It is my mission to bring greater value and dividends to shareholders thru investment in SL markets. Of late much fraud and dishonesty has dealt blows to this company, individual investors and other sectors of the SL economy. This has affected the bottom line of KDC. I will work hard to rebuild the share value and provide investors with regular dividends. I look forward to working with shareholders and others. Should you have any questions or concerns please don’t hesitate to IM me in world. Thank you for your attention.

Dezmond Martinek KDC C.E.O.

I look forward to future SL in devours.
Sincerely
-Legolas Delgado

in topic Official Weekly Update - For CEO Posting Only by Legolas Delgado

Re: Dividend

Sun, 28 Oct 2007 20:47:17 -0700

Yep all ZEN shares are retained and infact we currently are the ones with the bid order at .5 for 139k which would basicly clean the floor of the rest of the float if all sold THAT low.

Also, there will be no dividend this month due to the loss on GPB and the KDC land.

in topic Dividend by Legolas Delgado

Dividend

Sun, 28 Oct 2007 06:04:24 -0700

Does anyone know if KDC is going to post a dividend this month? And did KDC retain all of it ZEN shares this month?

in topic Dividend by Sully Okelly

Re: Monthly Financials

Sat, 27 Oct 2007 21:54:11 -0700

For Period Oct 10, 2007:

Please provide the missing categories listed below adhering to the Exchange's Monthly Financial Reporting Policy:

-Details must include: Cash Available, Total Assets, Value of Land, Net Asset Value, Revenue, Expense, Profits, Losses

Value of Land, NAV, Revenue, Expense, Profits and Losses have not been reported for mid-October.

in topic Monthly Financials by iVentures Volitant

Re: Karlfeldt & Delgado Mutual Stock Ratings

Sun, 21 Oct 2007 01:00:23 -0700

Thank you.

:-)

in topic Karlfeldt & Delgado Mutual Stock Ratings by Stroh Bing

Re: Karlfeldt & Delgado Mutual Stock Ratings

Sat, 20 Oct 2007 18:01:29 -0700

Stock Rating have been updated and ISE stocks have been added and rated.

in topic Karlfeldt & Delgado Mutual Stock Ratings by Legolas Delgado

Re: Karlfeldt & Delgado Mutual Stock Ratings

Thu, 18 Oct 2007 07:01:13 -0700

Well, they do not change every day and to be honest like I said before I did not believe anyone ever looked at them. But as it seems I am going o have to pay more attention to the ratings.

I will offer weekly updates from now on; I will make a post here every time a stock is updated. I am sorry that you feel that way Stroh, and hopefully I can regain your confidence.

in topic Karlfeldt & Delgado Mutual Stock Ratings by Legolas Delgado

Re: Karlfeldt & Delgado Mutual Stock Ratings

Thu, 18 Oct 2007 00:26:28 -0700

Actually, I checked them five times and they never changed

so I kinda wrote them off as a good Idea..
that had had nobody taking it serious...

Even the creator...

a good idea, yes..
a good execution... not so far

IMHO

in topic Karlfeldt & Delgado Mutual Stock Ratings by Stroh Bing

Re: Karlfeldt & Delgado Mutual Stock Ratings

Wed, 17 Oct 2007 19:03:39 -0700

I look at them every now and then just to see what opinions there are out there. I appreciate the labour that is put into this. Thanks!

in topic Karlfeldt & Delgado Mutual Stock Ratings by Kailen Juran

Re: Karlfeldt & Delgado Mutual Stock Ratings

Wed, 17 Oct 2007 18:52:16 -0700

Stock Ratings have been updated. Sorry for the delay I didnt know people still read the ratings.

in topic Karlfeldt & Delgado Mutual Stock Ratings by Legolas Delgado

Re: Karlfeldt & Delgado Mutual Stock Ratings

Wed, 17 Oct 2007 08:57:54 -0700

I was just wondering if there are plans to update the stock ratings on the website. I'm sure that some of them are rather out-of-date.

in topic Karlfeldt & Delgado Mutual Stock Ratings by Kailen Juran

Re: Monthly Financials

Wed, 10 Oct 2007 17:16:28 -0700

(CapEx: KDC)
PERIOD ENDING 10-Oct-07

Assets
Current Assets
Cash And Cash Equivalents $141,671.97
Short Term Investments $300,906.38
Net Receivables $-
Inventory $-
Other Current Assets $-

Total Current Assets $442,578.35
Long Term Investments $-
Property Plant and Equipment $100,000.00
Goodwill $-
Intangible Assets $-
Accumulated Amortization $-
Other Assets $-

Total Assets $542,578.35

Liabilities
Current Liabilities
Accounts Payable $5,657.60
Current Portion Due of Long Term Debt $-
Other Current Liabilities $-

Total Current Liabilities $5,657.60
Long Term Debt $-
Other Liabilities $-
Deferred Long Term Liability Charges $-
Minority Interest $-
Negative Goodwill $-

Total Liabilities $5,657.60

Stockholders' Equity 536,920.75
Preferred Stock 536,920.75
Common Stock $-
Retained Earnings * $-
Additional PAID-IN Capital $-
Treasury Stock $-
Capital Surplus $-
Other Stockholder Equity $-

Total Stockholder Equity $536,920.75

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $542,578.35

in topic Monthly Financials by Legolas Delgado

Re: Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 17:56:11 -0700

The amount posted as div is half of what I had for div. But the way I work it is I take half of the div and repurchases shares off the market. As it is now though I am saving all shares for a repurchase of all of Allens shares in the company. More detail to be released soon.

in topic Karlfeldt & Delgado Capital Weekly Update by Legolas Delgado

Re: Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 14:01:27 -0700

Legolas,

Please leave the typo and maybe someone would buy my BNT shares for L$1.35 :-)

Regards,

CB

in topic Karlfeldt & Delgado Capital Weekly Update by Cayman Beaumont

Re: Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 13:49:11 -0700

your previous ,post mentioned something from yestarday mentioned some buy back of 73842 shares on a max of .53 later to be deleted , today on the matket in the morning there was on offer on the market with the exact amount you mentioned ,later on a few hours it was withdraw and the same amount of cash is later on post it as dividents ,
73842x 0.53= 39136L$

are you stil going to pursue this idea of share buyback
thank you

jolinar

in topic Karlfeldt & Delgado Capital Weekly Update by hathor Vollmar

Re: Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 12:02:22 -0700

I just fixed the typo.

in topic Karlfeldt & Delgado Capital Weekly Update by Legolas Delgado

Re: Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 12:01:24 -0700

Thank Juran, yes it was a type as 500,000 shares were bought at .20 for L$100,000. The last traded price on SLCapEx was L$135,000. BNTs exchange is expected to be up in 2 to 3 weeks. The price will remain 135,000 till then. Sorry for the mistake.

in topic Karlfeldt & Delgado Capital Weekly Update by Legolas Delgado

Re: Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 11:45:27 -0700

It looks like a typo. According to the rest of the 22 September update, the BNT purchase was 500,000. This would be more consistent with the last BNT price on the exchange.

in topic Karlfeldt & Delgado Capital Weekly Update by Kailen Juran

Karlfeldt & Delgado Capital Weekly Update

Mon, 01 Oct 2007 11:17:26 -0700

Legolas,

I might have missed something here, how do you value your shareholding in BNT (100,000); at “L$135,000”?

Regards,

CB

in topic Karlfeldt & Delgado Capital Weekly Update by Cayman Beaumont

Re: shares ?

Sun, 30 Sep 2007 19:02:03 -0700

AS it stands his shares a frozen, which in turn has made it impossible to declare a dividend so it would seem. I have submited a support ticked.

As for the shairs I will talk to him and see what can be arranged.

in topic shares ? by Legolas Delgado

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