About two weeks ago, Cocky Dagger realized that it was just too much work to run the International Stock Exchange (ISE). Early this morning, he decided that he needed to find a new buyer for the exchange. He is accepting offers from anybody that is interested in buying it, giving only about 60 hours until the deadline for an offer submission. He will present the top offer (offers?) to the shareholders, and they will vote on it.

There already seems to be quite a few interested people, but we'll have to wait and see who makes the best offer. The deadline to make an offer is Tuesday, August 21, at 3:00pm SLT.

Cocky Dagger has no plans to remain involved at any level, it seems, saying "I love doing the development but the rest is taking it's toll and I am afraid my involvement would probably cause problems for any new management."

Seeming very interested in owning a stock exchange, Jasper Tizzy stated, "What would ISE be worth without my companies, as if the new owner is not to my shareholders level of comfort? We do plan to make an offer, but if the offer is not accepted we most likely will be moving out of the ISE excahnge."

Later in the comment thread, Jasper withdrawls his intention of making a bid and wishes everybody "good luck".

We'll have more updates as this plays out. 

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jasper Tizzy   | 2007-08-19 05:30:51 Several CEO's recently moved to ISE, we all asked cocky dagger if he was able to handle the new traffic. He said yes no problem. We also made an offer at that time to help with running the exchnage as a team. He rejected that offer. AVC was going to make a bid to buy the ISE, but after the quote that the ise sale price would be compared to the avix sale price, the AVC board could see this was going to be a fast inflated winfall for cocky dagger. This was the turning point where we felt the trail of lies and BS were starting to take place. "cockydagger To be fair to other bidders, the 3 companies Jasper has mentioned has made up 29% of trading volume." As quoted by Bart Heart CEO of BHE and VHI "AVC, BHE, CGI, KFM, MDS, VHI = 5,598,287 total shares last 21 days All other companies on ISE = 2,801,497 total shares last 30 days and AVC = L$ 4,668,111.20 BHE = L$ 165,782.42 CGI = L$ 2,968,126.70 KFM = L$ 941,120.34 MDS = L$ 661,942.80 VHI = L$ 191,381.85 TOTAL = L$ 9,596,464.30 21 Days BBIB = L$ 330,096.74 BOND = L$ 174,774.20 CBE = L$ 171,112.56 DVI = L$ 62,809.02 DFW = L$ 975,274.56 ISE = L$ 1,056,126.80 ISEO = L$ 77,878.34 LIF = L$ 800,626.05 MWPO = L$ 179.396.65 PTL = L$ 68,822.16 TOTAL = L$ 3,896922.10 30 days" We were amazed that Cocky Dagger would try to downplay the fact that the newly moved companies to ISE were only a small part of the recent success to ISE. I can only guess to keep potential bidders expectations high, and to raise a large sale price. The AVC decision to not make a bid will possibly show other bidders, to look at the true value of this exchange. So the people bidding understand, the land at the TALYN sim, the building, all furniture belongs to CGI and is not part of the sale. Quote 0   0

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