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For SLReports.net ISE Community Vote Approves Latest WSE Re-Listing 29-13...
International Stock Exchange(ISE) CEO Cocky Dagger announced the close to the ISE community vote last recently, approving the re-listing of now-defunct World Stock Exchange(WSE) migrant Redux Technologies (RDX : ISE) 29-13.
Former WSE-Authorized Analyst Casper Trebouchet voted in favor of RDX(ISE), stating in part, "In the old times RDX got a strong buy from me and I considered it in one of my derivatives (LFB). I can easily add that it was a stable value in the underlying basket. I have no reason to assume that this should change now."
On December 26th, 2008, RDX(ISE) CEO Redux Dengaku outlined her self-stylisitic "Suicide-For-Fun-And-Profit Business Model", which, despite it's somewhat riske name, explained in depth Dengaku's Real Estate service and arbitrage based profit system, concluding with this assessment, "This structure essentially makes me immune to sim reprice since the sales price is agreed upon before the purchase is made. Just like if a computer goes on sale 6 months after you buy it you can't go back and demand the difference, people who buy my sims don't get retroactive reprices. The thing that keeps them from jumping ship is that they already are heavily invested and having a working business, and even if the price drops it's STILL cheaper for them to buy their way out of the loan than to buy a brand new sim from LL, and nobody wants to try to move all their renters."
After a jab by one of Second Life's preminent investors and Investment Fund Managers, Dengaku further elaborated on her methodology, "I built my company from scratch scripting out of a shared 512sqm parcel, and I've always had a wry sense of humor. I was trying to grind in the point that my busienss plan can and will bite you really hard, even if you do everything flawlessly. Some people take themselves seriously. I'm not one of them." "I came into SL already 4,000 USD in personal debt, living in a month-to-month apartment, and had recently lost an RL job. Life was depressing, and it sucked. My past job, I had to be serious and perfect and proper CONSTANTLY while in business attire, and I absolutely hated it. When I got into SL, I wanted to run a business by being silly and fun, and make friends, and actually ENJOY what I do."
"I didn't have any investors, any mentors, I didn't come into SL with friends or anything, I simply worked for 16-20 hours a day, every day, trying to make something happen. And I did. By the time I listed my company, I was already running at full tilt and had a bunch of employees and Linden developers on my friends list. This entire time, I've always been a smart ass with an awful sense of humor. It's in my character, and it's an undercurrent through my entire business, and it's not going to change. I didn't find ANY success in SL or in RL being serious, and it wasn't until I cut loose that I started to draw creative and intelligent people, employees, friends, and customers to me. It's the Redux everyone knows and loves to do business with, and it's an extremely successful business persona for me. It was the same mindset I had when I wrote my IPO offer, and when investors came in flocks and devoured my IPO in a week. I'm perky, fun, a little chaotic, but i ALWAYS get the job done right, and always on time."
"If my business was sloppy or struggling, I wouldn't have any right to act this way. The fact however is that my business is good, and I've had my hand in a lot of things, including being on-call for a handful of the former top-10 places in SL, and taking a number of big contracts, notably some from IBM and Cisco. I see no reason to suddenly try to be really serious, I imagine it would concern a lot of people who already know me if I started acting that way." TOP NEWS:
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