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For SLReports.net
Unbonbom Aabye, the wide market participant whose outspoken campaigns to assume the CEOship of the beleagured JCP(VSTEX), RCP(SLCAPEX), and VLADA(ISE) has been hitting a rough patch over the last day of activity.
Despite formulating an IPO proposal for SLCAPEX and launching a website touting it as the Fundacion Aabye Market(FAM), Aabye was unceremoniously refused by SLCAPEX CEO Bogart Beck, who stated, "So, until you're willing to put in a legitimate effort worthy of my teams further attention, all you're doing here is demonstrating inexperience - all the more reason for us to reject your "idea" out-of-hand and for the people that do play here quite sucessfully to be extremely doubtful of your prospects."
Defending himself, Aabye said in a statement for SLReports.net, "RCP is a genuine case of fraud and theft, I propose a plan for recovery and SLCAPEX does not accept it, that is why trying to fight for the good of the people of RCP."
Aabye's VSTEX proposal includes the idea of the FUNDATION SIM VOLPERT to take over the assets of beleagured firms, and one investor suggested, "Well, I am not a CEO and have no ambitions to become one. I am convinced that unbonbom's intentions are good ones, but the mentioned foundation sounds like an invitation for CEOs to take what they can get and run, VOLPERT foundation will clear up the mess. There won't ever be a protection from fraud, neither from bankruptcy. CEOs prove themselves by their actions, not by claiming honesty and nice words again and again. We have a couple of very good CEOs here who have proven their ability in the past. On the other hand we have had some wannabes, and their companies failed. No need to spend a single tear on them. Let them go! Investment remains risky, and that's it."
Explaining Fundation Sim Volpert Aabye states, "This is a great plan, FVS, but it is necessary that the CEO's in the markets authorize and support it. In this plan if a company is to be wiped off the market, it would automatically go to the FVS and continue in the market, the shares are never lost, and it's free. It is the best way to achieve an entirely safe market." "I do not agree with what your additions for a couple reason. One, on all 4 of the exchange total, about 40% of the companies are already investment companies. So I don't feel that taking a bankrupt company and turning it into another investment company will help the market. Your suggestion is good and nice that you want to help the shareholders of the disfunctional company. But you are given a CEO the option to just leave with the assets. If a CEO walks away from a company and you take it over. The CEO still walks away and wins. What we need to do is make more rules so this can't happen in the future. Not have someone that will just sit and wait for a company to be delisted and take it over. By doing this, a CEO knows that they have the option to just walk away and have you take over the company with no assests. It is not logical to have this option. If you want to take over VHI and I get to keep all the assets let me know all ask the shareholders, if thats something they want to do," said Bart Heart, the CEO of 6-Star Dividend Rated VHI(VSTEX), who has engaged with Aabye on the VSTEX forum since he proposed to take on the responsibility of JCP(VSTEX) and seems to have reached his capacity of patience, and stated most recently, "What I see on the other exchanges is everyone laughing at you for wasting your money to buy them out of junk stocks. ISE investors they are laughing all the way to the bank. And Bogart said it all on CapEx. I hear BNT is having finacial problems why don't you go bail of those shareholders and see if IntLibber will sell you 34,000,000 of those shareshares."
Heart also added, "Anyway enough of this chit chat, I still think your idea needs a sold plan behind it. And I think it is good that you want to help the shareholders. Good luck to you in your ventures."
Ashleigh Wade took a more subtle approach on the ISE forum, stating, "Just because you state you are trustworthy doesn't mean that I trust you unbon. I don't know you. That could change over time. But please do not mistake this as a support for new management. To the contrary, Runeswan is the current CEO and the major shareholder. I support her and the original business plan fully. I am not in favor of management change. However, I would be interested in seeing a plan when you have one. Perhaps you could IPO it as a competitor or start the plan from scratch."
Aabye concluded in his statement for SLReports.net today, "In the past, insurance companies existed to be in the market to ensure companies. But FVS can get all the companies,100% the shares, be a good and safe and totally free service. It is sad to see how people do not help in this plan or laugh, or simply choose to be against it."
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