I am sending you this email to confirm your presence in my Verballis:Translators distribution list.
I also want to use this distribution list to communicate some information on Verballis.

I started Verballis using input from my RL brother-in-law who works as a professional translator.
As most of you have found on SL, translation rates are far under the RL market.

Therefore we must:
1. be innovative in our pricing and services.
2. be able to propose decent rates for which SL companies are ready to pay for.
3. propose additional services such as cheap marketing campaigns to promote our customers.
4. add up our strengths and be able to propose multi-languages services.
5. work on quality and define a quality review process amongst ourselves.
5. keep our shareholders happy and pay regular dividends to sustain the share price.
6. promote the Verballis brand.

On the prospects front:
I have already issued half a dozen of offers, and contact a dozen companies.
A few others are listed and I will need to find out who their contact person is to communicate our offer.
It is definitely not a priority for CEO whose mother tongue is English to expand their business outside English.
The general statement is 'People on SL are IT-literate and 90% of them will understand our business in English'.
Let's work this out. It is obvious that the German and Brazilian communities represent big opportunities out there,
and to be frank, going to some of their main islands I have never been able to communicate decently with them in… English.
The market is enormous… Let's grab it… If one of you knows of a big RL company present on SL which would be interested
in working with us,…

On the translators front:
This is the first message I am issuing to you.
With you we can deliver translations in French/German/Italian/Spanish/Portuguese/Dutch.
I have a contact outside that group who can deliver Slowaks, and I could 'easily' find one for Japanese.

On the marketing front:
I am not in favour to start big marketing campaign without getting a few decent contracts first.
The capital raised during the IPO is still secured in case we need it.
It represents 15% of the overall capital, so secondary IPOs are still an option ,
although I'm not in favor of that approach to get funding.

Comments/advices/… are welcome.

Keep you posted.

Il0n Papp
CEO Verballis