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June 2003


Our June meeting was hosted by Cass Business School.

An integral part of City University London, Sir John Cass Business School is among the global elite of business schools that hold the gold standard of 'triple-crown' accreditation from the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA) and the European Quality Improvement System (EQUIS). We are consistently ranked amongst the best business schools and programmes in the world which, coupled with an established 40-year reputation for excellence in research and business education, enables us to attract some of the best academics, students and businesses worldwide into our exclusive Cass network.

Business Pitches

Green Shield
Dominic Pannell - Green ShieldGreen Shield is a pest control product like no other; it generates a harmless field that acts as a sophisticated electronic fence, deterring rodents from entering and staying in your property.
Its a completely humane pest repeller, meaning you dont have any noxious chemicals to worry about, no residues or odours, and of course no dead pests to remove either. This state of the art pest control product could solve that age old problem: How do I get rid of mice? once and for all.
The answers easy just take the Green Shield out of its box and plug it into a standard electrical socket, flick the switch and the jobs done! This revolutionary pest repeller begins to work straight away, making the area covered by the Green Shield uncomfortable to be in and unpleasant to occupy for any length of time. Very soon the mice and rats will start to avoid the protected zone completely, meaning you could see a rodent-free home sooner than youd think!

Michael Linton - The London Open Money Project
The London Open Money project is an example of a 'Local Exchange Trading System' (LETS).
A LETSystem is a trading network supported by its own internal currency. It is self-regulating and allows its users to manage and issue their own 'money supply' within the boundaries of the network.
The key points include:
- co-operation: no-one owns the network.
- self-regulation: the network is - controlled by its users.
- empowerment: all network users may 'issue' the 'internal currency'.
- money: money, as a means of exchange, is an integral feature.
LETS networks use interest-free local credit so direct swaps do not need to be made. For instance, a member may earn credit by doing childcare for one person and spend it later on carpentry with another person in the same network. In LETS, unlike other local currencies, no scrip is issued, but rather transactions are recorded in a central location open to all members. As credit is issued by the network members, for the benefit of the members themselves, LETS are considered mutual credit systems.
Keith Meldrum - The Virtual Company