There continues to be little activity at WSE with no announcement from CEO LukeConnell Vandeverre regarding the proposed account seizures, which should have taken place on the 15^th September. There has also been a lack of activity from their listed companies with only Sarah Nerd Estates (SNE) providing updates in the the first 20 days of September.

It is good to see that ACE CEO Intlibber Brautigan acknowledging that ACE is attracting too many financial services companies and is actively looking to attract content businesses such as land and entertainment companies. He is encouraging ACE companies to “...actively seek out such businesses that are established, well run businesses, who may need more capital for expansion and development, sales and marketing work.” 

Milos Designs appears to fit that category and is currently in IPO on Capex. Milos Designs is a store offering well presented clothes, skins, sneakers etc. It appears that the IPO is raising funding for increased marketing and to potentially acquire new product lines. This appears a well run company and probably one of the best IPO's this year on any exchange.

On Thursday 18^th September Linden Labs announced that in order to improve the “first hour” experience they would be introducing direct SLurl. This is described as “an improved web address vehicle that enables first-time visitors to arrive directly at a location within Second Life, as their first location, by clicking on a Second Life URL from the Web, email, etc.”. This allows ambitious companies the ability to teleport newbies direct to their land where a personalised service could be provided. An excellent opportunity to attract new blood to the crunched SL Exchanges. From the forum postings it appears to have the support of ISE CEO Cocky Dagger.

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Arnaud Villota - Doesn't surprise me   | 2008-09-20 16:14:34 Sal, the situation at WSE doesn't surprise me. Luke is currently in a weak position and I think that maybe he is finally realizing that. There is a lot of bad (but true) press about the WSE right now so people are rightfully skittish of investing anything in the WSE. I admire Sarah Nerd a lot but I still question her motivations for putting her company and her shareholders at risk (by sticking with Luke) knowing what has happened in the past to anyway who has spoken a "discouraging word" or even has attempted to voice a questioning opinion about Luke or WSE. He may have criticism covered in his TOS but that doesn't make it right. Luke is an outright tyrant and should be dealt with accordingly, at a distance without any money or other comittment involved. Enough said about Luke and WSE. As far as the other things you mentioned, I agree that the Milos IPO is a breath of fresh air at SLCAPEX, it has been a long time coming, but (there always has to be a but, ne c'est pas?) I believe that while Milos has a strong company, and that he is an honest and hardworking person, he is going to be disappointed in his IPO results. Not because of him or his company but because I think people are not only wary of new stuff now, but also wiped out both financially and emotionally over all of the large scams (MNM), huge ventures that have yet to take off (MECH), Real World thefts of SL funds (YEP), etc. I think these things are driving people away from the markets. I have no solutions for this, just expressing an opinion. I wish all investors luck, I am as deeply involved and bleeding just as profusely as the rest of you. So I wish us all luck. Quote 2   0

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