Fotherington Insurance Group
a Second Life company
a Second Life company
Press Release - 23 Oct 08
23/10/08 Addition of Capital
Today L$181,320 was added to the company by the way of share capital. the purpose of this addtional capital is four fold:
1. to allow the company to purchase headquarters with furniture and associated land.
2. in line with the prudent accounting policy of the company, to allow the company to write off the headquarters (they have no resale value) and reduce the value of the land.
3. provide additional capital generally to the company.
Today L$181,320 was added to the company by the way of share capital. the purpose of this addtional capital is four fold:
1. to allow the company to purchase headquarters with furniture and associated land.
2. in line with the prudent accounting policy of the company, to allow the company to write off the headquarters (they have no resale value) and reduce the value of the land.
3. provide additional capital generally to the company.
 |
 |
 |
 |
 |
 |
 |