By Xavier Mohr, Publisher
SLReports.net

SECOND LIFE, 30 JULY 2007 - An official announcement from the World Stock Exchange has accused popular Second Life CEO jasper Tizzy of dealings in violation of WSE policies.

"... the management of WSE held a meeting with the CEO of Countless Galaxies & Atlas Venture Capital, Jasper Tizzy after the WSE had learned that the CEO had seriously breached the WSE Constitution and Hope Capital Virtues," read the announcement.

No details were given as to what the violations were. The announcement comes one day after five companies delisted from the World Stock Exchange and moved to the International Stock Exchange (www.intlstockexchange.com ), CGI and AVC being two of them.

All companies involved in yesterday's move posted delisting announcements that were subsequently removed from WSELive.com without notice. These announcements can be found in their entirety in the SL Reports Business section.

Stay tuned to SL Reports for more information.

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SLReports.net User   | 2007-07-30 12:08:28 Sounds like the WSE is reaching for a bunch nothing... trying to place blame and create distractions from what's really going on... the fact that the WSE is slowly unraveling. Their management's corruption and blinding incompetence is finally catching up to them. It’s rather sad that the investors, who invested in good faith on the WSE have to suffer. Even if the WSE manages to work out the bugs in their flawed system, will they're unethical and unscrupulous tactics end? I seriously doubt it! I URGE ALL investors & businesses tied to the WSE to reconsider, as that Exchange is headed to the wastelands and they will end up taking your lindens with them, unless someone hacks in and takes them first!! Reply | Quote 0   0

Cybertek Warrior   | 2007-07-30 12:21:12 Man the WSE must be reaching for something to accuse a company of this, I wonder if they will accuse me of something too. Reply | Quote 0   0

SLReports.net User   | 2007-07-30 16:45:59 What breach? this has to be a lie, Jasper is the most honest and loyal person in sl. He is the owner of The Bank and has helped me with loans and things nobody ever would take the time to do. I read the announcement made by Jasper and have seen the comments about 30 million lindens lost at the wse and that is why Jasper left the wse not for any breach. CGI has been the leader in volume and I have made a killing off CGI in the past 2 months, Im with Jasper no matter what the WSE has to say. Kiss my ..... WSE and give me back my lost open buy order lindends back. Reply | Quote 0   0

Xavier Mohr     | 2007-07-30 17:29:14 I would like to note that while SL Reports tries to avoid taking sides in a news sense (editorials are a different story, lol)... it is hard to believe the WSE claims on this one. Jasper has been a great friend to SLR and we fully support him, and know it will not take much effort for him to dispel these rumors with a mere blink of the eye. Reply | Quote 0   0

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