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By Xavier Mohr
SLReports.net Three IPO offerings launched on Friday at the Ancapistan Capital Exchange, providing users of Second Life's newest securities exchange opportunities running the gamut from franchise retail to acquisition funding. Kauppa (ACE: KAU) is what CEO Tyrian Camilo calls "retailing with a twist." Backed by SL Investors Bank, KAU will operate as a retail store chain. The stores will occupy mainland parcels from 256 to 1024 square meters, selling unique - though mostly "business in a box" - items. The store parcels will also offer advertising opportunities via advertising billboard implementations. There are currently 21,630 shares available for purchase at L$5.00 each. WJUV Radio (ACE: WJUV) will be operated by Atlas Virtual Capital (VSTEX: AVC) CEO Monkey Canning. According to Canning, "The station is very new, but growing at a staggering rate, it is already being streamed across 100 sims, and has attracted an array of advertisers." At present, there are 34,936 shares available for purchase at L$10.00 each. The largest of the IPOs, BCX Acquisitions and Mergers (ACE: BAM), is headed by BCX Bank (ISE: BCX) CEO Travis Ristow. Looking to raise L$5 million in capital, the company will focus on acquiring failed or defrauded Second Life business in order to make them profitable again.According to Ristow, "These funds will be used to both fund the acquisition or merger as well as give the company the initial boost of operating funds that may be needed to grow the business to a level of profitability that makes sense for either long term income or sale to a third party at a profit." There are approximately 988,180 shares remaining for sale at L$5.00 each. For more information, please visit http://www.ancapex.net/.
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