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Press Release: CapEx Linden volume, average share price surpass WSE 

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Written by Xavier Mohr   
Thursday, 13 December 2007

*** FOR IMMEDIATE RELEASE ***

SECOND LIFE, JT WORLD, 13 DEC 2007 – Linden Dollar volume at the SL Capital Exchange has surpassed that of the World Stock Exchange for 18 out of 30 days in the period ending December 11, 2007, according to SL Capital Exchange officials.

According to the 30-day statistics, the SL Capital Exchange saw Linden Dollar movement totaling L$13,322,315.71 versus L$11,820,854.46 at the World Stock Exchange.

Average share prices at SL Capital Exchange were also significantly higher than those at the World Stock Exchange. Shares at CapEx averaged about L$0.80 each in comparison to L$0.35 per share at the WSE.

Web Traffic at the SL Capital Exchange is also surpassing that of Second Life's oldest securities exchange, according to statistics at sites such as Alexa.com, with SLCapEx.com traffic steadily climbing as WSELive.com continues a slow decline.

For the time period analyzed, Linden Dollar volume at the SL Capital Exchange was approximately 11.27% higher than that of the World Stock Exchange, with CapEx shares averaging 228.5% the price of share at the WSE.

"We're pleased at the results of this analysis," said SL Capital Exchange Chairman Arbitrage Wise. "It has always been our goal to provide a safe and secure investment vehicle for Second Life residents, and a viable platform for good CEOs to raise capital for promising business efforts."

View the full results of the cited analysis in spreadsheet form at:
http://spreadsheets.google.com/pub?key=pwS3lFnMAI0UWxgrGf_lqMA

 


ABOUT THE SL CAPITAL EXCHANGE

The SL Capital Exchange ("CapEx") is a virtual securities exchange catering to users of the online platform known as Second Life. The exchange currently lists over 20 Second Life corporations for public trading with a number of companies currently in IPO stage or under IPO review. The SL Capital Exchange operates in conjunction with, and is owned in majority by, JT Financial Investments & Savings. JT Financial is Second Life's largest virtual bank with over L$85 million on deposit from nearly 10,000 customer accounts. For more information, visit the SL Capital Exchange online at www.slcapex.com.

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Last Updated ( Thursday, 13 December 2007 )
 
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