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TOP FOUR HOT STORIES OF JULY 2011
Friday, July 15, 2011
Dear Member-Partners and Member-Candidates,
1. LEAGUE's Summit of Leaders I'm pleased to announce the success of the inaugural LEAGUE Summit, which was held July 12-13 at Royal Roads University on Vancouver Island. We brought together high profile entrepreneurs and special guests for a day and a half of learning, sharing and connecting to the community. We've already received some very favourable media attention for our efforts -- look for more reports in our "media" section. So you can share in this "Summit of Leaders," we are working on providing you an online version so you can watch it on demand. We expect to have this available in the next three weeks.
2. Sold Out! Two Latest Investments are Fully Subscribed Two of our most recent investment offerings, The Residences at Quadra Village LP and the Duncan Promissory Notes have now been completely sold out. We experienced much interest in both of these investment opportunities and were pleased by how quickly they became fully subscribed. So if you want to be a part of one of our offerings, don't procrastinate -- contact your Member Services Manager as soon as you can, so that you can make an educated decision for your family.
3. Wesbrooke Pours Concrete Construction of our Wesbrooke Seniors Residence in Pitt Meadows, BC, is rapidly progressing as the first concrete was recently poured for the foundations of the 114-unit facility.
4. More Good News for SegDebt Unit Holders! LEAGUE has sold another piece of its SegDebt1 portfolio, which means that unitholders in this particular Limited Partnership will receive on Thursday, July 21 a special one-time distribution of 21.5% of the original investment (9% return of capital and 12.5% capital appreciation). Regular monthly annualized distributions on the remainder will now be at 11% of the original capital.
Any SegDebt 1 Unitholders with any questions or who may be wondering about their next course of investment action, should contact their Member Services Managers.
Why We Do What We Do If you're new to learning about LEAGUE, it's important that you know what drives us to do what we do. Our commitment to openness and accountability is rooted in Our Credo. It serves as our guide in all our decision-making. If you'd like to learn more about this process, please see video #4 at this link: http://league.ca/founders-video. It also bears restating that we believe that your peace of mind is paramount. To that end, we have taken out three very specific insurance policies: $10 million directors and officers, $5 million employee errors and omissions, and fidelity. The first policy provides insurance for the alleged wrongful acts of directors and officers. The second provides insurance in the instance of negligence of LEAGUE employees or executives. The third provides insurance against employee dishonesty or fraud.
To find out more about LEAGUE and what we're doing, click here and select "3. Why Trust LEAGUE" and "6. IGW Recent Overview" to watch a pair of short videos on the subject, by me and my partner Adam.
In fact, I hope you'll watch the entire presentation, which was recorded live in front of an audience of Member-Partners as well as curious investors. In it, you'll learn how we think of LEAGUE as a beautiful golden-geared clock housed in a transparent glass case: we want everyone to see how the "gears" fit together and work together to reach the common goals that are in the interest of all our Member-Partners.
In that spirit, we will continually bring you new opportunities for investments that advance your Intergenerational Wealth™ goals. We will do so guided by Our Credo and in alignment with you through LEAGUE's Integrity Guarantee.
As always, if you have any questions about any of these items -- or any other LEAGUE matter -- click here to request information from your Member Services Manager. They will be most happy to assist you in doing your homework.
Warmest Regards,
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Emanuel F. Arruda Co-Founder & Chairman The LEAGUE Group of Companies
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