With pleasure I can announce that after a great job of restructuring we have managed to bring the budget in balance without ITLAND losses. A great result.

Credits (Entrance) :

• balance of the month April.........................: L$ 100.000
• balance of the month May..........................: L$ 100.000
• balance of the month June….......................: L$ 100.000
• Received total of in First Quarter.................: L$ 300.000

Debits (exit) :

• Tier Land ITLAND (3 month)..........................:L$ 265,000
• Staff ITLAND (3 month)................................: L$  35,000
• Total of debits ..............................................:L$ 300.000


Total General .........................................: L$  000.000

Luigi Vandeverre
President ITLAND