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SLIB update on repayment plan 

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Written by Xavier Mohr   
Saturday, 09 February 2008

An announcement at the Ancapistan Capital Exchange today by Tyrian Camilo has further elaborated repayment plans of former SL Investor's Bank depositors.

Per the announcement:

FOR IMMEDIATE RELEASE - 9TH OF FEBRUARY 2008

SL Investor's Bank depositor reimbursement plan is progressing rapidly, with today ending the IPO and making SLIB shares hit the floor. This allows people to turn their shares into pure cash, or hold on to them for financial gain. Personal holdings of Tyrian Camilo has been left to 24.44%, under the promised maximum. Additional to original plan, an reserve fund has been made of 500,000 shares for possible reimburses to still be made. These 500,000 shares will either goto depositors or scrapped 9th of March, 2008.

Tyrian Camilo has given a personal promise to buy back to a minimum of 75% ownership of SLIB, offering depositors, and now shareholders the promise of stabilized share value, and minimizing risk for shareholders.

About SL International Business:
SL International Business consists of several subsidiary companies, and conducts mainly real estate and real estate derived business, helping both individuals and businesses achieve their goals, via real estate, advertising and loans. SL International Business is foremost a holding and venture company, and was founded as SL Investor's Bank 19th of February, 2007, and since then became one of the major banking institutions in Second Life, until reforming as SL International Business due to the banking ban policy by Linden Lab, effective since 22nd of January, 2008.

About Ancapistan Capital Exchange:
ACE: Ancapistan Capital Exchange http://www.ancapex.com, is curently the leading virtual securities exchange in operation in Second Life. ACE maintains 100% reserves on deposits with no interest, and provides its customers IPO and publicly listed stock trading, as well as L$ exchange trading on its platform. ACE is SLEC compliant and adheres to the highest standards of ethics.

SLIB Media Contacts:
Tyrian Camilo, C.E.O.
SL International Business(SLIB)
http://ancapex.net/symbol/SLIB/profile
http://www.sl-investors-bank.com

ACE Media Contacts:
IntLibber Brautigan, Chairman
Kaddan Yue, Vice-Chair
Cliff Eclipse, VP ACE Concierge Services
http://www.ancapex.net

Stay tuned to SLReports.net for the latest information.


EDITOR'S NOTE: SLReports.net – as a matter of course – does not independently confirm details outlined in republished press releases. For more information, please contact the original author. 

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