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Home arrow All News arrow ACE Update 10th - 18th May 2008
ACE Update 10th - 18th May 2008 

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Written by Hak   
Sunday, 18 May 2008

ACE Update 10th - 18th May 2008

www.ace-exchange.com

By SL Hak

Some interesting developments from ACE listed companies this past week, this includes the announcement that ACE has commissioned a TV commercial, which is due to air on Metaverse TV (MBC), CEO Intlibber Brautigan will consider other TV networks as appropriate. The commercial can be viewed HERE.

Their data recovery process continues, it appears that SL Quotes has come to the rescue. Intlibber Brautigan stated that Saul Lenczyc of SL Quotes has provided detailed data files on all ACE trading activity, in 5 minute increments up until March 21st when the database system failed. This has pleased ACE VP IT Hamncheese Omlet who is hopeful that this data will get all ACE listed companies back and trading soon. No date has been announced, but positive news indeed.



ACE has a new IPO, Vstarr Marketing Services (VSTARR) which is described as a marketing company involved in the V Starr contest,which is a joint venture of VStarr Corporation of Fort Wayne, Indiana and Advanced Content Services (ADCS) of Lima, Ohio. VSTARR has been structured to manage all inworld marketing work for the V Starr Contest and has the exclusive contract with V Starr Corporation and ADCS to provide these services. The IPO will fund the marketing campaign and shareholders will earn dividends from payments from V Starr Corp and ADCS for its marketing work. Intlibber Brautigan claims that VSTARR is also attracting a lot of attention from ADCS' shareholders on the pinksheets, which he states is part of ACE's long term strategy of rebuilding the SL capital markets by bringing new capital in via experienced investors on the RL markets.

VStarr describes itself as a global talent contest which will be advertising in dozens of countries, featured on the Secondlife.com showcase, and bringing 15,000 new users a month into SL. There will be 10 million shares in the company, half of which are being offered to shareholders. Take up is currently slow and it is likely that ACE will need an influx of RL ADSC shareholders if this is to succeed. This is partly due to the growing list of companies listed in IPO on ACE, these include the Ancapistan Capital Exchange (ACE), Decosta Investment (DIG) and SLIB Real Estate (SLIBRE).

ACE has continued it's drive for recruiting traders to the exchange by opening a board on investorshub.com. Intlibber Brautigan announced that Investorhub has over 9 million registered users, all of whome are interested in or involved in trading stocks at various levels, from sub-penny Pink Sheets, to NASDAQ, to NYSE and foreign markets. It is considered the largest investment community portal on the internet. Intlibber is attempting to attract new investors on the back of the VSTARR IPO and its association with ADCS on the Pink Sheets. ACE claims it is now the first virtual stock exchange to be breaking out into the wider RL investment community. There has been no comment from LukeConnell Vandeverre, CEO of WSE.

It is good to see that ACE is aggressively pursuing new markets in a responsible way. Intlibber Brautigan claims that this is in keeping with ACE's long term strategy of attracting new capital and new investors from RL markets inworld to help rebuild the capital markets here in the wake of this past years events.

An earlier SL Reports article announced that Intlibber Brautigan was due to present at the 3rd Annual Combat Expo in Armory Island, he'll be presenting on how to prepare for an IPO and no doubt the subtleties of becoming a publicly listed company. It is not known how Intlibber landed this gig but there was an announcement earlier this week that weapons maker Anthony Lehane had moved his operations store into Friedman. Intlibber described Lehane as the co-owner of the Merczateers Military Group which has been resident on the BNT sims for over a year. Is it possible that Anthony Lehane is being lined up as the next CEO of an IPO on ACE?

Blue Diamond Virtual REIT (BDVR) announced that they have increased land holdings to 43k SqM and projects reaching 50k by the end of May. BDVR are looking at paying L$100k in dividend and with cash reserves in excess of L$500k is in a strong position should it wish to capitalize on cheap Mainland. CEO Robo Marx has described the current land market as turbulent, he's also aware that the experienced trader with deep pockets should take advantage of this situation.

OIG has introduced a new website www.oigland.com and is currently listing a number of lots of land for sale.

OMG! INC (OMG), CEO Kadden Yue announced that it has been busy in designing new clothing and has introduced a new line for both male and female.

If you have any gossip or news about companies trading on ACE then please IM or send an e-mail to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it



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Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved.

 
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