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        Crystal Springs Land and Loan (CSL) News:
         
        2008-04-03
        March 2008 Balance Sheet and P&L Statement
         
        CSLL has L$834,170 profit for month of March!

        (All figures are in Lindens)

        Crystal Springs Land and Loan Balance Sheet for the period of: 3/1/08 - 3/31/08

        ASSETS (as of 3/31/08)
        Cash And Cash Equivalents $0
        Account Receivables $0
        Short Term Investments $0
        Vstex Risk Fund $39,322
        Loans to Customers $4,929,586
        Land holdings (@ 7.5 per sq/m) $3,932,160
        Inventory, equipment and other valuables $0
        Total Assets $8,901,068

        LIABILITIES
        Accounts Payable $0
        Deposits and Long-Term CDs $0
        Loans $2,797,013
        Total Liabilities $2,797,013

        SHAREHOLDERS EQUITY $6,104,055

        P&L Statement for the period of: 3/1/08 - 3/31/08

        REVENUES
        Tiers Paid by Customers $307,364
        Rent Paid by Customers $331,110
        Loan Payments by Customers $1,730,812
        Interest and Investment Income $0
        Land Sales $484,867
        Other Income $2,090
        Total Revenues $2,856,243

        EXPENSES
        Tiers to Linden Labs $1,345,075
        Interest Payable $14,219
        Employee Salaries $0
        Sales and Marketing $7,058
        Land Purchases $630,618
        Services and Fees $260
        Capital Expenses $0
        Assets Writeoff $0
        Other Expenses $24,843
        Total Expenses $2,022,073

        NET PROFIT (LOSS) +$834,170

        Dividends to Shareholders $300,000

        Number of Shares Outstanding $10,000,000
        NVPS $0.61
        EPS $0.08
        DPS $0.03


         
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