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JTF - SL Wallet Conversion
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Written by Cash Yiyuan
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Monday, 18 February 2008 |
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SL CapEx Announcement:
I wanted to give a quick Status Report on the SLW Conversion and provide some direction on a few things still left to do over the next few days.
As of this hour, the JTF > SLW Conversion has been completed for ALL User's MAIN Accts, as follows;
(1) - Any "User MAIN" $L Balances of L$1.00 or GREATER were converted from $L to SLW shares on a 1:1 basis with conversion rounded to the closest $L.
(2) - "User MAIN" $L Balances LESS THAN L$1.00 were NOT Converted. Those Balances Remain in your MAIN Cash Account.
(3) - There are presently 162 "User SUB-Account" $L Balances of L$1.00 or GREATER that HAVE NOT YET been converted to SLW Shares. Those SUB-Accounts have been swept of $L and will be converted MANUALLY over the next 24 hours or so.
*Sorry Folks, the programmer and I were at this for 30+ straight hours and even I needed to get some sleep - I'll begin posting those Conversions this evening.
(4) - "User SUB-Account" $L Balances LESS THAN L$1.00 were NOT Converted. Those Balances remain in your SUB-Account Cash Accounts.
(5) - The ATM Machine in the MAIN LOBBY of the SL CapEx Building is now fully operational - accepting both Deposits AND WITHDRAWALS on Demand of any $L Balances you maintain on the SL CapEx Site.
*** NOTE: For SECURITY & FRAUD PREVENTION PURPOSES we are LIMITING individual Daily Withdrawals to L$50,000.00 via the ATM and will be monitoring the ATM Gateway AGGRESSIVELY for Abuse.
On a case-by-case basis Arbitrage MAY consider alternative withdrawal request methodologies. Persons desiring special consideration are requested to submit a Support Ticket via the SL CapEx web interface at http://www.slcapex.com/support
Requests will generally be reviewed WEEKDAYS within 24 hours, 48 hours Weekends.
*** STUFF WE STILL NEED TO COMPLETE OVER THE NEXT FEW DAYS ***
(1) - We still need to ADD a FORUM AREA for SLW...
As soon as it is established ***PLEASE*** confine ALL POSTS regarding SLW to THAT Forum. In the interim PLEASE confine your posts concerning the JTF ? SLW Conversion to the JT Financials Discussion thread at http://www.slcapex.com/forums/browse/jtf
(2) As announced previously, as soon as things have settled back in to a normal routine (give it a few days at least) we are going to begin a process of escheeting now DORMANT BANKING ACCOUNTS. These are Accounts that have NOT BEEN ACCESSSED since the AVIX / SL CapEX conversion last year. We'll keep you posted as those details emerge.
In closing I want to THANK YOU for your patience and perseverence during this difficult era in SL. It has not been easy for ANYONE. This too shall pass!
Nonetheless, out of a total of over 11,700 JTF Accts we have now converted all balances EXCEPT the 162 SUB-Accounts that will be handled manually in the next 24 hours. As we move into this next era of SL Finance let's pray that we've all learned valuable lessons and will move forward wiser for the effort.
God Bless,
Bo Beck
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Last Updated ( Wednesday, 20 February 2008 )
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