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www.slcapex.com By SL Hak Capex brought relief to many traders with the removal of the Sky Power Fund (POW) halt. The gossip on the Capex forums is that former CEO SkyRanger Hammerer has skipped Second Life. I've personally not attempted to track him down but maybe a rich investor should offer a reward for information or should he be allowed to go quietly? It is unclear at this stage if CEO Sully Okelly will remain at the helm, whatever he decides he must be applauded for POW's rescue as its prospects without this move was extremely bleak. Capex showed courage and leadership in permitting this hostile takeover, their officials are often the subject of constant criticism but credit should be acknowledged when earned. Capex's actions should also be taken as a warning across the bow for future transgressors! However questions remain of their ability to find a resolution for the trading halt of both Yellow Paperclip Corp (YEP) and Riot Mechs (MECH) who continue to flounder with their financial returns. I'm not sure if there is more to this story, if there isn't, then I'm sure shareholders would appreciate the removal of the halt while these seemingly minor issues are resolved.
Royal Chartered Properties (RCP) has started finding their feet after its recent successful IPO and has announced that it has generated income of L$150k for March 2008 and forecasts 20% growth for April. This growth if achieved is impressive but the revenue is still lagging many of the property companies listed on other exchanges, a number of which are generating revenue close to seven figures. It is understood that RCP are aggressively pursuing additional funding to compliment their IPO, I suspect continued expansion is on the horizon! A shrewed property may wish to engage with Delicious Demar (formerly DDE on WSE) who may be in the market for reducing their property portfolio. Vitall Beck believes she has identified another property company with prospects and has purchased 21% of Crystal Springs Land and Loan (CSL), a VSTEX listed company whose CEO is Skip Oceanlane. Vitall Beck has also continued to increase her shareholdings in Capex, now at 12.9 million (17%), many of these shares purchased from Sando Haller who has reduced his shareholding to 2.5%. The third significant investment by Vitall is the 582k shares purchased in BCX Bank. Vitall Beck is a secretive avatar, very little is known apart from her comment that the investments are on behalf of her private investment fund. After a brief discussion with Vitall it appears that there is no intention to ever turn this fund public. The rest is just a mystery other than claiming to speak 4 languages, maybe she should invest in Verballis (VBL)! If you have news or gossip on Capex listed companies please IM or contact me on
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