For SLReports.net

In today's Quarter 3 Financial Statement, Ancapistan Capital Exchange (ACE:ACE) CEO Intlibber Brautigan forcasted a profit for Quarter 4, reversing a -L$22,000 loss in Q3 to a forecasted L$100,000-150,000 profit.

"Where last quarter saw a profit primarily due to the IPO of ACE on ACE, without those funds we would have seen a loss of approximately L$270,000 in that quarter. We have significantly narrowed that this quarter, without having that capital to work with, with a minor loss of only 22k L$. The net asset value remains strong at L$2.12 per share, indicating ACE stock is significantly underpriced at its current pricing."

Today's close saw ACE(ACE) trading at L$0.47, more than 4.5 times less than the stated net asset value.

Market Summary, 8:10pmSLT  November 18, 2008

1.SLCAPEX Market Volume since 6amSLT: 820,011 Most Active: SLW(SLCAPEX)

2.ISE Market Volume last 24hrs: 25,550 Most Active: LIF(ISE)

3.ACE Market Volume since 6amSLT: 142,209 Most Active: BNT(ACE)

4.VSTEX Market Volume Last 24hrs: 979 Most Active: ITA(VSTEX)

Major Indexes:

ACE 73.68 (+3.4%) [Luminos]

ISE 34.49 (+0.2%) [Luminos]

VSTEX 414.05 (-1.5%) [VSTEX]

SLCAPEX 32.10 (-2.3%) [Luminos]

GIIF is having a decisive meeting Wednesday, 12pm SLT at 3rd floor of ISE Exchange to debate Andy Grant’s offer, CEO of GDB, amongst other enterprises –five more, such as Wenden Xeno of SAS; Pablo Sienkiewicz of SIM!; Mart Lupino of FVS ; Casper Trebuchet of LEM; Itchy Gamba of Kush Islands– that also wish to take over the Cadence Juran abandoned investment capital.

Still what drives so many interested parties?

GIIF owns 25’000 shares in ISE, the fastest growing exchange market, which recently saw its own shares (90% of GIIF’s stock portfolio) go from 3.50 to 5.00, making the shares very valuable but almost unreachable as well. So this has become a unique way to go after ISE’s shares.