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JT Financial Update for 01/10/08
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Written by Arbitrage Wise
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Thursday, 10 January 2008 |
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We will try to post a daily update so that we can assure our customers of what is going on. Yesterday, we opened our ATM at around 1pm SLT with approximately 7.5M in reserve. As of this writing, we are now down to 2.7M. We have already liquidated an additional 3M that can be withdrawn now outside of Second Life. You can read here for more information. We have also liquidated an additional 3M which we will be bringing into our Paypal account. We expect the funds to be available in Paypal by the end of next week, and will begin processing withdrawals directly via Paypal. Unfortunately, our LLC was not accepted by LL as an appropriate document, which we expected. We have asked them for an extension, so let's hope they'll at least offer us that. As we have promised, we will be posting our financial and investments in order to help assure our customers that we will continue to be profitable during this difficult time: Total Remaining Investment Assets: ~$175,000 USD Investment Profits for 1/10: $1714 USD **As always, we are willing to provide proof of investments and profits to any individual or entity willing to sign and send a notarized NDA with 3 copies of their ID.
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Last Updated ( Thursday, 10 January 2008 )
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