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Stock Market
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Written by Xavier Mohr
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Wednesday, 01 August 2007 |
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By Xavier Mohr, Publisher
SLReports.net SECOND LIFE, 1 AUGUST 2007 - According to Greyhound Builders C.E.O. Maurice Rodgers, the WSE-listed company has seen little to no income the past three months, allegedly due to little demand for custom building services. In addition to announcing their intention to hire a marketing "pioneer," GBU also reiterated that they do presently have builders listing prefabricated structures on SL Exchange. For the full announcement, click here . Stay tuned to SLReports.net for the latest financial news from around the grid.
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Last Updated ( Sunday, 28 October 2007 )
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Written by Xavier Mohr
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Wednesday, 01 August 2007 |
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By Xavier Mohr, Publisher
SLReports.net SECOND LIFE, 1 AUGUST 2007 - Ginko Financial Group C.E.O. Nicholas Portocarrero announced at the World Stock Exchange (WSE) official website today that while the Ginko Perpetual Bonds (WSE: GPB) secondary offering would remain open at L$26 per share until filled, future offerings would be at a much, much higher rate. Per his announcement at the WSE: Secondary Offering and Follow-Up Offers
Submitted by: Ginko Perpetual Bonds (GPB) Date: August 01, 2007 While the current secondary offering at L$26 per bond will run until it is filled, no further offerings will be made at such prices. Any future offer will be in the L$50-L$100 price range, most likely L$100 only. Regards,
Nicholas Portocarrero
Ginko continues to suffer from a string of recent financial losses, including its failed merger with AVIX and subsequent delisting of the AVIX GPBA stock, and what is reportedly a dangerously-low cash reserve caused by Linden Lab's recent ban on in-world casino gambling. Ginko customers are still unable to withdraw funds in significant amounts at the bank. Stay tuned to SLReports.net for more information.
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Last Updated ( Sunday, 28 October 2007 )
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Written by Xavier Mohr
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Tuesday, 31 July 2007 |
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By Xavier Mohr, Publisher
SLReports.net Jasper Tizzy, C.E.O. of Countless Galaxies (CGI) and Atlas Venture Capital (AVC), announced today that AVC would be depositing approximately L$1 million into ISE's fraud insurance fund, inviting all public companies to join him in support of the ISE. From Cadence Juran, CEO of Crescendo Corporation: FOR IMMEDIATE RELEASESECOND LIFE, JASPER (20,19, 81) - In an effort to assist the companies affected by the recent scandalous events within the financial & investment sector of SL. The venture capital company, Atlas Venture Capital (AVC) is offering a very handsome and generous financial package to the International Stock Exchange (ISE).
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Last Updated ( Sunday, 28 October 2007 )
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Written by Xavier Mohr
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Tuesday, 31 July 2007 |
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By Xavier Mohr, Publisher
SLReports.net SECOND LIFE, 31 JULY 2007 - Ginko Perpetual Bonds on AVIX (GPBA) C.E.O. Nicholas Portocarrero just announced his intention to delist from the Allenvest International Exchange (AVIX) effective August 1, 2007. This comes as no shock to most, though, in light of the failed Ginko/AVIX merger yesterday. The full announcement : Move to the WSE After the payment of interest on the 1st, GPBA will be moving to the WSE. Regards,
Nicholas Portocarrero
Shortly after the declaration by GPBA, Investor Allen haulted the stock and announced, "We have placed GPBA on hold until we have received financial statements from the company." Interest payment from GPBA was posted shortly afterwards. Stay tuned to SLReports.net for more information.
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Last Updated ( Sunday, 28 October 2007 )
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Written by Xavier Mohr
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Tuesday, 31 July 2007 |
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By Xavier Mohr, Publisher
SLReports.net SECOND LIFE, 31 JULY 2007 - Allenvest International Exchange (AVIX) announced today that they would be lowering interest rates on accounts at AVIX. "In order to make Allenvest more closely resemble a RL institution we have decided to lower the interest rate to a more realistic level," said Investor Allen in a notice posted at the AVIX website. "Because events can occur much faster in SL than in RL you will find that the interest rates will still be very beneficial however they will not be as high as other institutions inside of Second Life." Allen points to transparency in AVIX compared to other institutions as a key reason for investors to stick with Allenvest. He clarifies, however, "If you feel you need to move your funds from our bank to another one to get a higher interest rate, we will not stop you, and you will be able to withdraw without a problem." Allenvest International Exchange has suffered a slight loss in investor confidence after yesterday's failed merger with troubled SL corporation Ginko Financial. Specific interest rates were not mentioned in the official notice at the AVIX website : Change in interest rate
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Last Updated ( Sunday, 28 October 2007 )
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Written by Xavier Mohr
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Tuesday, 31 July 2007 |
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By Xavier Mohr, Publisher
SLReports.net
SECOND LIFE, 31 JULY 2007 - AVIX announced this morning that it would be collecting personal information from CEOs of companies listed on its exchange. SLReports.net is a publicly-listed company on the Allenvest International Exchange. I can personally verify that I have received a notecard from Investor Allen entitled "Reporting," (having seen the notice in my email), but since I am unable to log into Second Life at the moment I cannot report on its contents. The notice was made on the Allenvest International Exchange website: New Policy
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Last Updated ( Sunday, 28 October 2007 )
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