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All posts by iVentures Volitant

Jul 9th 2008, 18:33
iVentures Volitant 		General Investment Discussion » SL CAPEX Listed Companies Information (Greater Transparency)
Re: SL CAPEX Listed Companies Information (Greater Transparency&
Edited by moderator Jul 9th 2008, 18:57
Thanks unbonbom for your comments. Would like to add that I am not an investigator by any means and I am here to learn as everyone else. My RL work entails me to consolidate company financials for the monthly report to institutional investors following GAAP, so creating a report such as this is nothing new. The main difference is that SLFR Group prepared about 1/3 of the listed companies financials and more than 3/4 of the companies now follow the standard format. This allows for the standarization process.

Other Exchanges at the moment are only reporting under the single step format. How would investors know the health of the company without a Balance Sheet to view? Of course this is debatable, but every Exchange has their own viewpoint.

I am a firm believer of integrity. Without the trust of the market and the Exchange, it would be almost impossible to make a dream become a reality.

The proceeds that I have received from SLFR Group preparing financials for the listed companies will be invested into making this greater transparency report become in effect. We are moving closer as Chango has already agreed that this report can be implemented after creating a flowchart of the processes. I would now need to write a business proprosal to determine how iVentures Group, SLFR Group, and SL CAPEX Exchange can all work together in synergy.

Regarding pricing, I prefer to keep the prices cost efficient for the CEOs/management/investors, but at the same time where this report can be profitable. My estimates were originally set for $1K per consolidated report, but wouldn't it be better if the costs were half as much with additional functionalities?

Would the market have an issue if we start with this Exchange?

Thoughts?

iV
Jul 9th 2008, 19:07
iVentures Volitant 		General Investment Discussion » SL CAPEX Listed Companies Information (Greater Transparency)
Re: SL CAPEX Listed Companies Information (Greater Transparency&
Ironfist, try to picture this. Imagine the greater transparency report combined with NIC's current report where everyone would have access to create a report of their liking. My consolidated report focuses on the companies health and competitor analysis and NIC's report focuses on market value based on bid/ask/spread and trading volume. Wouldn't you prefer to see both at once? It's now simply a matter of moving forward and to evaluate how we can implement this project to be in effect.

iV
Jul 10th 2008, 06:32
iVentures Volitant 		General Investment Discussion » SL CAPEX Listed Companies Information (Greater Transparency)
Re: SL CAPEX Listed Companies Information (Greater Transparency&
Ironfist, I believe you may be referring to a POS (Point of Sale) system? The system records every sale transaction. This may actually create double work for management. The companies that SLFR Group assisted with the financial statement preparation primarily used transactions history information for the month. The only additional category that management included was Category (specifying if it’s a Revenue or Expense) and further broken down if necessary based on the type of expense (Advertising, Marketing, Tiers, etc.) Of course, we want to make this a simple process and efficient for everyone, but we are in much better shape today.

In addition, I was notified that an announcement was to be made shortly by the Exchange possibly relevant to this discussion. We can reevaluate then.

iV
Jul 10th 2008, 10:17
iVentures Volitant 		General Investment Discussion » WANTED --> Your opinions, ideas and suggestions
Re: WANTED --> Your opinions, ide
Edited by moderator Jul 10th 2008, 10:38
I believe unbonbom may be referring to an index fund of all the Exchanges? Not exactly sure what is meant by “all market shares in a large market share”, but this is the closest I can relate to. If this is what you mean unbonbom, then you are quite ahead of us. In an environment such as SL, of course everything seems to be rushed. Certain situations should be evaluated first, and we should always remember to walk before we leap. We open to potential loopholes and eventually the process may falter without creating a solid business plan.

A newspaper honest and independent? Unless the Publisher is an official publishing corporation such as The Wall Street Journal or The Financial Times, we may not have the independency we are looking for. If one day iVentures Group decides to create a publishing group (would not happen and used as an example) and writes articles about the listed companies in SL CAPEX, ISE, VSTEX, ACE, would my group be independent assuming that I do not hold the companies’ shares? Although I am independent in this regard, nobody will believe me because one would not know if I was paid under the table prior to me posting the article.

Regarding classes for beginners or for investors, currently Innovative is moving forward with training courses on several subjects. In addition, Guardian Market also has a Blog with much essential financial information including accounting principles. Both are well respected.

Can you also please explain what you mean by market share?

iV
Jul 10th 2008, 12:00
iVentures Volitant 		General Investment Discussion » WANTED --> Your opinions, ideas and suggestions
Re: WANTED --> Your opinions, ideas and sugge
Nice translation. I actually understood everything you wrote except for the term market share. Try to translate this, "Good stuff." Just kidding.

iV
Jul 10th 2008, 12:59
iVentures Volitant 		Nestler Investments Corporation » NIC Presents Business Expo At Conference Center
Re: NIC Presents Business Expo At Conference Center
Kaffe,

Count me in. What exactly do the potential exhibitors need to submit again?

iV
Jul 10th 2008, 13:07
iVentures Volitant 		General Investment Discussion » WANTED --> Your opinions, ideas and suggestions
Re: WANTED --> Your o
Edited by moderator Jul 10th 2008, 13:15
The SL environment is too laxed and regulation is just simply impossible without LL intervention. Even if the SEC decides to step into this environment, how would we even know it's really them?

Regarding investing in using RL funds, to-date, I have not even made any deposits into SL. All profit were primarily generated through offering legitimate services. Ok, maybe I started off using dance pads and filling out surveys and such, but who hasn't? Had to receive lindens somehow for advertising purposes.

iV
Jul 11th 2008, 09:48
iVentures Volitant 		General Investment Discussion » WSE Group Notice
Re: WSE Group Notice
Edited by moderator Jul 11th 2008, 10:32
SynCere,

Good question, but there is a separate Forum for this type of discussion. You can find your answers under the JTF Forum (JT Financials Discussion) as there are numerous posts that can further assist you. Its best to search for posts around mid-February. Regarding why the SLW conversion occurred, you can also check the SLW Forum for relevant posts.

From a business perspective through JTF (I believe), this was primarily done to prevent JTF from lowering their liquidity which impacts their business operations. With the substantial amount of JTF customers, this would eventually place JTF in a dangerous position due to low cash reserves from the withdrawals. The market reacted strongly because of the bank run scare. If you remember, there were numerous so called “banks” and most decided to take the bank run route. If you look at my iVentures Group website, I once consolidated a list of banks for the financial market to view with all of the profiles (yes, I have fun working on projects such as this for free). From what I recall, only JTF and L&L took the heat and decided to stay in the kitchen, but now even L&L is gone. Something had to be done, and JTF took the SLW conversion route. Instead of JTF customers withdrawing their deposits, now JTF/SLW customers would receive their proceeds through selling shares and let the market decide the best outcome. The original intention was for Arb to repurchase SLW “up to” 1.03 and allow for the shareholders to decide and place sell limit orders based on what they would be content with.

This conversation is really nothing new, and there really isn’t a right or wrong answer, but Arb had to make a quick executive decision right then. Would you rather have JTF have a bank run instead or would you rather have Arb convert your lindens to JTF/SLW currency? None of the above I suppose. Now, at least the SLW shareholders have the chance of receiving their proceeds through the sell orders. But once again, only Arb can decide when the repurchases can occur. If you go refer back to Investing 101, investors assume the risk of losing their initial investments when trading in the financial market in the hopes of having a return on investment. Risk vs Return. What the investors have to realize is that this is SL environment and it should be known to be 100% risky. Any deposited amounts, assume you will not get it back. If one day LL shuts down, depositors lose and they are not liable.

iV
Jul 12th 2008, 08:02
iVentures Volitant 		General Investment Discussion » WSE Group Notice
Re: WSE Group Notice
Edited by moderator Jul 12th 2008, 08:10
I was more referring on policy than on ethics. Let us focus on what may happen if one assumes that LL will most likely not shutdown in the near future.

Let's say for instance the Exchange decides to shut down or one of the listed Companies declares delistment or to file bankruptcy, are the shareholders entitled to anything at all? Yes, the shareholders still hold the shares, but at no cost are the Companies liable in SL to repurchase the shares or to pay dividends. It is up to the Company’s discretion. Good CEOs/management may decide to, but it is not required. Should the Exchange have contingency plans if the Companies decide to delist or file bankruptcy? The market uses the software and the Exchanges are not liable for investors’ funds in the listed Companies.

IMO, this can be differentiated between what is a policy and what are ethics. It would be ethical for the CEOs/management to come up with potential contingency plans, but it is not the policy. If Arb one day decides not to repurchase any more shares, what can the shareholders do? If SL CAPEX decides to shut down operations (not to say they will), but what can the shareholders do? One Exchange can follow WSE approach. Schedule for a newer update indefinitely and delist Companies when they please.

Is the investor placing their money in the business or the person behind the avatar for potential ROI? Is the avatar required to return the funds? No. The investor gave them the funds in the hopes of receiving a return. They have assumed 100% risk knowing that they have entrusted them with their funds and the avatar is not liable.

iV
Jul 14th 2008, 10:58
iVentures Volitant 		Nestler Investments Corporation » Is NIC going the same way as MNM?
Re: Is NIC going the same way as MNM?
Please note that NIC July financials were completed by Guardian as I was responsible for May. Rather than say whom is responsible for what, it would be great if the market can consider us as SLFR Group as we are partners.

Thanks.

iV



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