Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts
Monday, May 19, 2008
Saturday, April 5, 2008
Wednesday, March 5, 2008
AVC Appoints Shareholder Committee
At a special meeting of shareholders of Atlas Virtual Capital (AVC) called by VSTEX officials to resolve matters related to AVC's de-listing by the exchange last week, shareholders voted to form a committee to review the complex set of transactions and charges that lead to the trading halt and to formulate recommendations for the disposition of the company. For the entire story, check SLN Finance.
Sunday, March 2, 2008
CSL AVC Offer Withdrawal Linked to Tizzy Involvement
The recent withdrawal of an offer by Crystal Springs Land and Loan (VSTEX:CSL) to purchase Atlas Virtual Capital (AVC) has been attributed by AVC management to the scope and pace of a Virtual Stock Exchange (VSTEX) investigation into stock trades and asset sales by AVC CEO Monkey Canning. But Skip Oceanlane, CSL’s CEO, had a different explanation. Read the rest of the story in SLN Finance.
Thursday, February 28, 2008
WSE to Abandon Linden Dollar, Postpones Re-Launch
In a rambling, 90 minute long video broadcast carried on the WSE web site and Justin.tv Hope Capital Limited CEO LukeConnell Vandeverre announced that the re-opening of the World Stock Exchange (WSE) on its new 4.0 platform would not occur until "late March", and that when the exchange resumed trading it would no longer utilize the Linden Dollar. For the entire story see SLN Finance.
Monday, February 25, 2008
BNT Financial Unveils Depositor Repayment Plan
BNT Financial was caught in the same net as the rest of SL's legitimate banks when Linden Labs banned the payment of interest on deposits. After exploring several alternatives for refunding deposits, Brautigan & Tuck Holdings (ACE:BNT) announced its repayment plan on the Ancapistan Capital Exchange (ACE) web site earlier today. Read the entire story in SLN Finance.
Vstex Delists AVC, SLC
The Virtual Stock Exchange announced this afternoon on its web site that it had concluded its own investigation into the charges and counter charges surrounding the departure of Atlas Virtual Capital (VSTEX:AVC) CEO Monkey Canning and that AVC had been "permanently delisted" by the exchange. Read the entire story in SLN Finance.
Tuesday, February 5, 2008
Sunday, January 27, 2008
Weekly Business Review - 27 Jan 08
The markets breathed a cautious sigh of relief this week as they began to recover from the impact of the interest payment ban implemented Tuesday, but we ought not underestimate the damage the policy has wrought. No one running a business in SL can ever again safe from LL’s arbitrary and unpredictable policy changes and as alternatives to SL open up, expect more and more of the creative class to flock to them. Meanwhile we take a look at the lighter side of Linden Labs, looking back over some of the hilarious things they have said over the past year.
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