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Martinek acquires Karlfeldt & Delgado Capital (CapEx: KDC) 

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Written by Xavier Mohr   
Saturday, 03 November 2007

By Xavier Mohr, CEO
SLReports.net

Second Life saw another CEO change today as Karlfeldt & Delgado Capital CEO Legolas Delgado announced that respected Second Life trader Dezmond Martinek had purchased 1,000,000 shares of KDC for the sum of L$100,000.

The sale now puts Martinek in charge of the investment capital and financial services firm, and he is expected to take reigns of the company officially at the SL Capital Exchange very soon.

"The reason for the sale of KDC is I personally believe it is time for me to move to my next Second Life project," said Delgado. "... anyone who has followed me through my SL business experience knows that Karlfeldt & Delgado Capital is only a sub company of Karlfeldt & Delgado Mutual."

Delgado says that he will be refocusing his efforts on the parent company, Karlfeldt & Delgado Mutual, now that he is free from obligation to KDC.

Stay tuned to SLReports.net for more information.

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SLReports.net User  - Answer     |2007-11-08 12:15:01
I sold at .10 because as Guaridan Market figured out. There are basicly two type
of shares in SL (normaly) CEO shares(shares that run the company) and all other
shares that are traded in the public. The .10 a share comes with running the
company, doing the finacials and weekly updates. There is no problem with KDC.
It is still up on the year, and still functioning.

Any more questions can be
directed to me thank you.

-Legolas Delgado
SLReports.net User  - hmmmm   |2007-11-03 20:43:01
the last sale of KDC tonight was at 0.73 per share, with buy orders at 0.60.
seems very interesting to me that delgado sold the shares at 0.10 each.
considering the strange things he has said about holdings in ginko and now the
wtf it sortof makes you wonder what shape the company is in and why he now wants
out.
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Last Updated ( Monday, 05 November 2007 )
 
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