I want to but I am very new to elgg and have limited/none coding skills.
I can contribute:
1.While planning the theme layout and UX.
2.Digging the internet for anything you want me to.
3.Testing and reporting bugs.

Tell me I can be of any help. 

@VGNtl I would recommend going to www.freecodecamp.com to learn coding. Also if you want to mess with a real virtual private server then check out koding.com and also read my blog for a fast start guide on getting your vps setup asap: http://demyx.com/blog/view/15137/how-to-get-a-free-vps-for-life

@ cim Thanks. Roger that. Will work on that. 

What do you think about my designs..... both themes are under development... :)

The one we integrated in our LMS (used embedding)

Theme for our company:

Both of them look great. All the best.

Thanks :)

Nice to have u all on board and also Munir Tariq the themes look gr8 but if u want my advice change the inner font to sth retro like helvetica nue
And @vgntl I would like to know when we will get started do u have email or sth that we could contact via
I wish to all of u all the best !

@Naolsi we are using sans-sarif in our system. So I will change the elgg font to sans-sarif as well....

Thanks :)

COOL!

I would love that login screen ;) Care to share your code?? :)