LU isn't standing in any elections though is it?
As I understand it that is the main point of the party. From there I think LU says the EU elections are too soon - personally I'm not sure why but... - and after that they are going to field candidates. If you are correct and they say they aren't going to, I'm outta here/there...
One other not very encouraging thing about LU is their use of the internet. Two days after its conference and basically fuck all to show for it outside some vote results on their site.