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.
Showing posts with label secondsecond life newspaper. Show all posts
Showing posts with label secondsecond life newspaper. Show all posts
Wednesday, March 5, 2008
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.
Sunday, February 17, 2008
Weekly Business Review - 16 Feb 08
Apparently I should disappear more often. The markets staged a nice comeback in my two week absence, with the SLMI hitting a new high for this year on strong volume. Meanwhile, to the general applause of SL’s short-sighted residents, LL moved to free us from the scourge of private property rights. Who’s ox will be gored next, one wonders.
Saturday, February 9, 2008
Lindens Reveal Public Works Program
Jack Linden announced today on the SL Blog an ambitious new LL sponsored program to boost the number, scope and size of new content creation projects on the Linden mainland. Click through to the full story in SLN Finance .
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