Ther is someone who can explain me the meaning of LOL?

LOL = Laughing out loud and you might find this almost anywhere where where it doesnt matter how you talk or express obviously you wont find LOL in an extremely rich company haha that would really make me LOL there are also more like LOL which are ROFL and LMAO but i tguess ill wait until someone opens another discussion specifically for them have fun LOLing ____JChumi____

i think it means Laughing Out Loud....i might be wrong..:) but see what other say