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Saturday, 04/02/2011 12:39:04 PM

Saturday, April 02, 2011 12:39:04 PM

Post# of 38585
****IMPORTANT MUST READ .05+ soon****

I'm will overnight this letter to Warren Buffett since he doesn't have an email (he loves to help companies like this) Monday (by FEDEX which will require his signature will keep everyone here updated and will post proof of delivery soon)


WARREN E. BUFFETT
1440 KIEWIT PLAZA
OMAHA, NEBRASKA 68131

March 17, 2011


LFBG - CEO Outlook


To our Shareholders:



This past February concluded my fifth year as a public company CEO. Left Behind Games and I, personally, have had our ups and downs. My wife and I risked everything because we couldn’t justify taking investor monies without being willing to lose our own investments. We feel that, in today’s world especially, we couldn’t be overtly Christian people unless we were willing to hold ourselves to the highest standards publicly. And after 5 years, we have prevailed.




Over these years we’ve seen a lot of public companies come and go and, we have prevailed.




Our company’s market-cap has been as high as $211M and as low as $0.8M and, we have prevailed.




Our stock price has been as high as $7.44 and as low as $0.0008 and, we have prevailed.




We started with 1 game and a failed launch, but we fought on and 5 years later and, we have prevailed.




Despite a lack of capital for growth, having raised just $15M in cash over 8 years, we have prevailed.




In the past 5 years, we’ve overcome insurmountable obstacles in building this new marketplace of Christian video games. And through it all, we’ve overcome the shenanigans of market-makers, shorters, bashers and naysayers and, we have prevailed.




And in these 5 years, we have acquired the Charlie Church Mouse brand, the assets of Cloud 9 Games and recently, the MyPraize Social network. More importantly, we’ve captured and empowered their talent to take their vision to the next level. We have a multi-billion dollar distributor who gives us access to nearly every major retailer in the USA. We have survived against all odds to expand our product line to 11 SKUs in 2010 and expect to release another 12 SKUs by the end of this year on various platforms. We have lined-up institutional funding on a go-forward basis, posted record revenues and our first operational profit. And although we are small, we have become the largest and most significant force in creating new Christian video games the world has ever seen.




If you think our company is reflected by its current market-cap of just 15% of this year’s high, just remember one thing. When our short-term investors are gone, despite our anticipated growth, we will prevail…thanks to God Almighty who has and will continue to empower us to reach the hearts and minds of this generation through modern media and video games.




Our real-life Cinderella story, I predict, will one day become a symbol of hard-work, determination and faith to believe that with God, all things are possible.




I’ve taken the time to write this letter and this summary in view of our stock price being lowered intentionally by market-makers on very small volume, compared to our averages. When I see our stock price suffer in the open market despite the best news released in 9 years, perhaps you can appreciate why a healthy rant reminding people about our historical experiences overcoming overwhelming obstacles might provide some much needed encouragement.


We watch, We Wait & We Learn
Do Your Own due diligence
Only you can decide


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