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Written by SL Hak
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Monday, 14 April 2008 |
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www.atlantis-investment.net By SL Hak Atlantis Land Corp. (ALC) are leading the charge, they appear to be the first property company to embrace the new LL price structure and are proposing expanding their property portfolio. CEO Hannibal Kennedy already has 8 sims in their stable, including The Beach and Beachland and concentrates predominantly on residential sims with one dedicated to the commercial market. ALC is listed on the World Stock Exchange (WSE) and is canvassing their shareholders as they propose redirecting Q1 profits towards expansion, this has implications for shareholders who were expecting Q1 dividend payments. ALC has also indicated that they would then purchase a third sim on completion of the sale of land in the first two sims.
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Written by SL Hak
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Monday, 07 April 2008 |
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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.
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Written by SL Hak
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Saturday, 05 April 2008 |
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http://www.therockinsurance.com By SL Hak The Rock Insurance Co. has gone silent recently a far cry from the summer of 2007, when they commenced offering insurance policies to SL Residents. These insurance policies were offered for deposits held at selected SL Banks. This was a brave and innovative move considering the murky world of SL Banking and especially as they were offering customers a full refund. There is no question they needed to keep a close eye on potential abuse. The Rock Insurance attempted to mitigate their risk by closely monitoring the banks and seemed to perform this task with quiet professionalism. They offered competitive rates, which the wise could offset against the favorable interest payments received from the banks. If the investor trusted The Rock, insurance should have been a given.
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Written by Cornelia den Hartog
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Tuesday, 18 March 2008 |
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On May 29, Working Worlds sets a rendezvous for employment !
The virtual recruitment exhibition opens its doors to the Benelux countries.
Encouraged by the tremendous success of the first edition, the Luxembourg based company "GAX Technologies SA" is expanding the organization of its recruitment exhibition on the Second Life platform, to the Benelux countries.
The biggest employers in Belgium, the Netherlands and the Grand Duchy of Luxembourg will attend, and will receive the candidates in their virtual offices or in the Business Center that Working Worlds makes available to Internet users.
This new method of recruitment, very in tune with our modes of communication, has now become essential!
Candidates from all over the world will be present.
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Written by Xavier Mohr
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Thursday, 28 February 2008 |
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On February 25th, IntLibber Brautigan released a comprehensive resolution plan for depositors of BNT Financial, formerly Meta Bank, which experienced various ongoing issues prior to closing in wake of the Linden Lab banking ban enacted on January 22, 2008. Per the announcement: Resolution of BNT Financial and Its Depositors As we all know, Linden Lab banned payment of interest, which has made operating as a bank in SL well nigh impossible without gimmicks like "bonus points" which are of dubious legality. We attempted to implement Contractum Trinius for BNT Financial to keep operating under limited withdrawals, but Linden Lab has expressed their dislike for that policy as well, and we are not prepared to engage in a legal battle to prove the point.
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Last Updated ( Thursday, 28 February 2008 )
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