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Brautigan to hold ACE CEO classes

Written by Xavier Mohr

Friday, 16 November 2007

By Xavier Mohr, CEO
SLReports.net

IntLibber Brautigan, chairman of Brautigan & Tuck Holdings (ACE: BNT) and the Ancapistan Capital Exchange (ACE), announced at the exchange website this morning his intention to begin holding classes for CEOs looking to launch their own IPOs at ACE.

The classes will cover exchange listing rules, standards of the Second Life Exchange Commission (SLEC), principles of ethical management, prospectus writing, and capital/cash flow planning.

Cost for the classes is L$1,000. Interested parties are instructed to contact Saiasunshine Fackler for more information.

Comments

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Xavier Mohr

|2007-11-17 23:31:13

I like the idea of all the IPO prospectuses from the different exchanges in one
spot just so you don't have to go to each exchange website to read each
one.

I do somewhat agree that we need analysis on them but the question of
course is who is going to do this? I may be qualified to comment on what pisses
me off in the financial world but don't think I would quite be qualified to give
investment advice on each new company on each exchange.

I liked the idea of
having them here mainly because of our commenting function... to allow investors
to criticize the IPO apps and the CEOs the chance to respond.

Any idea of
what type of analysis you would like to see would be helpful and I might be able
to work something out.

Strange Ranger - Prospectus Posting

|2007-11-17 20:36:55

If the decision to add more tabs to this site is made, we can definitely make it
work. In my opinion, though, posting information, such as IPO and prospectus
information, without any analysis, would be better off over at the SL Financial
Wiki (http://slfinances.n et/) that Amor Philbin created.

Arnaud Villota - IPOS

|2007-11-17 15:16:14

Don't give up on posting the IPO idea, I would just add an IPO tab, and post
them there. It would beat going to each exchange to read them. What I was
objecting too was that they were on the main page and just verbatim. If they
were going on the main page then I would think a little analysis would be
warranted about whether this may or may not be a good buy.(Of course the
"buyer beware, do your own research" caveat would be added). But that's
a lot of work for a small operation.

If a reader expected to come to the site
and click on an IPO tab, then you could list all you wanted verbatim with no
analysis. We would expect that. We would expect to do our own analysis. It
would be nice for a prospectus to be published before the IPO opens, that way it
would give us a chance to study the proposal and actually do "due
dilligence". Half the time when an IPO is published, it is the same time the
IPO goes active and one doesn't even have a chance to read the damn prospectus
let alone do the due diligence. That happened to me on YEP! when it went public.
While reading the prospectus, the IPO sold out! 35 seconds! SLCAPEX has
improved the process a bit, but I don;t know about anyone else, it takes me
longer than 24 hours to do "due dilligence". The 24 hour notice before
the IPO happens is nice, but it would be nicer to get the prospectus a few days
or so before the official announcement.

I think posting IPOS on your site
under those conditions wouldn't appear as blantant unpaid for advertising!
:)

Just some thoughts.

Thanks.

Xavier Mohr

|2007-11-17 11:57:49

Thank you for the compliment. SLR is a huge work in progress where I regularly
try new things - sometimes they work out and sometimes not. Yesterday I had a
wild hair that I was going to start posting new IPO prospectuses... later I
decided that was an awful idea, but luckily Strange Ranger had decided that
before me and unpublished them! LOL.

I only wish I could donate the time we
truly need, but I think we do well considering the RL and SL constraints we have
to work within. I would love to add a few more tabs, though, so we'll play
around with it and see how it works.

Tim

SLReports.net User

|2007-11-17 01:59:00

Xavier thanks for the update. I agree that notices such as this pepper RL
newspapers. I am not proposing that they not printed, I just feel that they
should be under a different tab on the site, such as opinion pieces are.

But
aside from this I think this site is better than most and I do enjoy the
stories. Keep up the good work.

Xavier Mohr

|2007-11-16 19:36:54

Arnaud:

I appreciate your opinion and support your right to it. There are two
things however: first is that we are a continuous-update web portal and not a
newspaper. We don't have an entire week, or even 24 hours, grace for content
updating - we must keep things fresh and unbiased, which is what this is - your
opinion of IntLibber aside.

Second is that actually hometown newspapers run
notices like this all the time. I spent most of my preteen and teen youth typing
them... now I write and proofread them. So if you must make that comparison
please compare us to the "community newspaper" we should be compared to
and not the New York Times you pick up at Starbucks while you ignore your local
daily whose trying to earn any advertising dollar they can.

Bottom line
though... there is no such thing as a newspaper on the web, or inside Second
Life. This is new media and the standards you grew up with (assuming you are at
least my age or older) are dead. Not necessarily a good thing, but the truth
from someone that knows. ;)

Arnaud Villota

|2007-11-16 16:35:07

Yawn!!! This is a story? Why bother with this stuff? Everybody and their
brother is offering classes! Why does Int think his are anything new or special?
God what an Ego!!!! And I can't believe that this "newspaper" is even
bothering with this crap! Who cares!

And yes I will put my name to this. I
think Int is an egotistical abhorrent asshole! I was willing to give him the
benefit of the doubt in the past, but he continuously proves himself to be
unworthy of any trust! I lost L$300K because this jerk short sold his stock in
SLCAPEX! If everyone out there thinks he is a savvy investor, then all I can say
is watch your Lindens and your ass, because you'll lose both if you put your
trust in this guy!

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