Statement from CEO Skip Oceanlane:

"As many of you have already heard, Linden Lab is reducing the price of sims from $1675 US to $1000 US by the end of April of 2008.  Tier fees charged by Linden Lab will remain unchanged for now.

In response, we aren't really modifying our business.  We're going to try to have "business as usual" and move forward.

All current loans will be unchanged.  Customers are expected to make payments as they normally would.  Most already have significant investment in their sims, so finishing the payments makes sense.  Tier fees are going to remain the same, so that part of the business will not be affected either.

Crystal Springs Land and Loan will still offer land loans for anyone that meets the criteria of eligibility.  With land cheaper, I actually expect more people buying their own sims, and that will mean more people that need financing.  Rarely does anyone put down $1000 US for a sim, so I think our loan business will remain in demand.

Rent is based on covering tier fees, so since Linden Lab is not changing their tier fee pricing, our rent prices will remain the same.

As new developments occur, I will make additional comments.  I hope this decision will bring in a lot of new people buying sims, and needing financing.  Anyone with any questions, feel free to ask.  Thank you."