Lecere Corporation (fka LCRE)

[SMaturin]

Where do you get a 4 to 7 year timeline?

I have only seen a 12 month timeline in stated plans.

Morris's 3/31/10 plan per financial statement on PinkSheets:

Item XVI
Paragraph A
Plan of Operation
Paragraph 1i
Lecere raises money on a monthly basis to satisfy its cash requirement. This will continue for the near term. It is unknown whether Lecere can raise enough money to enable the company to operate without raising any more cash in the next twelve months.

Paragraph 1ii
Lecere will perform product R & D for the next twelve months. This includes development of a reservation module, a management dashboard module, an inventory control module, an accounting module, a labor scheduling module, and a reports module.

Paragraph 1iii
Lecere has no plans to sell plants or equipment

Paragraph 1iv
Lecere expects to hire 5-10 employees in the next twelve months.

Paragraph B
Not required because Lecere has never had revenues

Paragraph C
Off-balance sheet arrangements
Lecere has no off-balance sheet arrangements nor are plans underway to engage in any off-balance sheet arrangements