Go to the SL Capital Exchange headquarters and open an account now!

Important: Please read our disclosure.

Home Portfolio Trading IPO CEO Rules Forums Affiliates Help
 
Your login has expired

All posts by iVentures Volitant

Oct 13th 2008, 10:43
iVentures Volitant 		SL Capital Exchange Archive » Shareholders Meeting
Re: Shareholders Meeting
I didn't get to read this thread until now. Still need YEP & MECH financials? I can populate in Excel or something using the iVentures Investments tool since I already have its history in my database.

iV
Oct 13th 2008, 18:13
iVentures Volitant 		SL Capital Exchange Archive » Shareholders Meeting
Re: Shareholders Meeting
Sent.
Oct 21st 2008, 05:10
iVentures Volitant 		Nestler Investments Corporation » Nestler Investment Corp. (NIC) HALTED for Financial Reporting Non-Co
Re: Nestler Investment Corp. (NIC) HALTED for Financial
I met Scott in person during the MNM situation and he's a nice guy in general. He even brought me around his office.

I notified him through e-mails regarding submitting NIC financials, but still have not heard back. He's a busy guy, so I wouldn't be surprised if he's at another state now.

iV
Oct 21st 2008, 11:07
iVentures Volitant 		Nestler Investments Corporation » Nestler Investment Corp. (NIC) HALTED for Financial Reporting Non-Co
Re: Nestler Investment Corp. (NIC) HALTED for Financial
Atleast Scott has not left NIC like how Danielz and ImaJanitor did with YEP and MECH or an IPO bust like MNM.

iV
Oct 24th 2008, 11:41
iVentures Volitant 		General Investment Discussion » The 1st market driven bond up for testing...
Re: The 1st market driven bond up for testing...
Andy,

It's great that you're utilizing the Forums to communicate. That shouldn't be an issue with the Exchange operators as long as there is no advertising involved.

Regarding the IPO of utilizing the investment vehicle as a "bond", I would have to dispute this. Unless you fix the IPO price, then it should be categorized as a stock as the price is driven by the financial market. Secondly, the interest distributions are not in cash, but in dividends of additional shares. Notice I mentioned dividends. Both of these factors categorizes the instrument as a stock.

Another thought, there's too much risk involved for the potential investors as there are no security measures in place.

To ensure that the potential investors are more secured, consider issuing a Promissory Note. This would allow for you to specify the terms and timeframe of the coupon payments along with signed confirmation from the Notary. Without this being done, you don't have my confidence in this bond.

iV
Oct 24th 2008, 20:55
iVentures Volitant 		General Investment Discussion » The 1st market driven bond up for testing...
Re: The 1st market driven bond up for testing...
I'll answer the questions here:

<< 1. Can you explain exactly what you mean by "fix the IPO price" ? My observation is, the prices for all stocks, bonds and funds in sl have always had a fixed prices, just like this one. >.

Fixed prices as in the market does not determine the stock prices. The company issues 1M shares at $1, and price still not change after IPO. Buyers and sellers can only buy and sell at $1. This method does not exist in these Exchanges which is why a bond will not work.

<< 2. That is not correct, the payment will not print additional units/stocks/bonds or whatever you wanna call it, it will be a cash payment just like any other financial instrument in sl. And yes dividend is not the proper word for it (i may have used the word unproperly, for sake of simplicity lets just call it payment). >>

So you're telling me that if an investor purchases 1000 shares and is paid 2% in interest, they would receive $20 in lindens paid directly to their avatar and not equivalency of $20 of shares? How would this pass the banking ban policy? No IPOs can issue interest.

<< iventuresvolitant wrote:
Another thought, there's too much risk involved for the potential investors as there are no security measures in place.

I dont see any more risk with this than with any other financialmarket sl investment. >>

Sign a promissory note with your investors.

<< iventuresvolitant wrote:
To ensure that the potential investors are more secured, consider issuing a Promissory Note. This would allow for you to specify the terms and timeframe of the coupon payments along with signed confirmation from the Notary. Without this being done, you don't have my confidence in this bond.

iV

That can be arranged (can you show me how other sl listings has done this ?), >>

Most IPOs have proved to be fraud which is why they don't agree with the Promissory Note method.

<< right now what remains to be agreed on is the frequency and size of payments, aswell as the liquidity guarantee conditions. Where it looks like the payments will be every 14 days, while the payments themself will be at somewhere between 1% and 2% a month, the buyback guarnatee will be adjusted accounrdingly. >>

All of these have been said in the previous IPOs through these Forums and after the IPO is launched, the CEO just runs away or lacks financial reporting. It now became a common practice.

<< Btw. if you wonder how to find me in RL there's only 1 person in norway with my name and only 1 cellphone number registered to it. >>

Have your lawyer contact mine and we'll settle this the RL way. If not, then you don't have my assurance.

<< I hope that answered your questions, if not let me know. >>

Promissory Note is the legitimate way for bond issuers. Feel free to visit my site at www.iventuresinvestments.com
You can download the document from there.

iV
Oct 27th 2008, 15:32
iVentures Volitant 		General Investment Discussion » if crash company....but possible solution....XD
Re: if crash company....but possible solution....XD
Edited by moderator Oct 27th 2008, 15:51
I've read this post about.... 5-6 times and I "think" I may understand it. It's in English, just not as legible as I hoped. First unbonbom, I give you credit for writing this out. Secondly, I've seen worse text than this.

From my understanding (which I can be completely off), unbonbom mentioned about forming a responsible group/party of the company as a precautionary measure if the CEO suddenly disappears. The group/party would have the opportunity to become the CEO of the company only if they have sufficient funds. If the group/party does not have sufficient funds, an outside member can become the new CEO only if they have sufficient funds. I'm not sure where the battling comes in though.

If I'm on the right track, then a lot of essential information is missing such as how the responsible group/party would be formed, what their responsibilities would consist of, who would be liable for the company's debt, how would this group/party be different from the Board of Directors, etc.

Is this correct unbonbom? If I'm completely off, well, I tried, but it's a start.

iV
Oct 27th 2008, 18:31
iVentures Volitant 		General Investment Discussion » if crash company....but possible solution....XD
Re: if crash company....but possible solution....XD
unbonbom, can you confirm this? please include additional comments.

iV
Nov 3rd 2008, 11:01
iVentures Volitant 		General Investment Discussion » An honest question &#45; looking for opinions.
Re: An honest question &amp;amp;#45; looking for opinions.
Edited by moderator Nov 3rd 2008, 11:02
<< With the "real world" suffering a Global "Credit Crunch"/recession/whatever you want to call it, do you think things will ever be the same again here? >>

Based on my experience in SL, the Exchanges here are a different animal compared to RL financial sector.

I'll keep this simple.

In SL:

No SEC: means no direct regulation (LL does not monitor the Exchanges/listed companies)

No Auditors: PCAOB cannot exist in this type of economy unless created by LL themselves (without LL intervention, controls are deemed ineffective to an extent)

No Treasury: listed companies are defaulting without governmental assistance (what government in SL?)

Without effective controls implemented by LL themselves, the listed companies is comparable to an undisciplined dog without a leash. Then again, even LL may eventually decide to shut down their servers.

iV
Nov 3rd 2008, 18:11
iVentures Volitant 		General Investment Discussion » An honest question &#45; looking for opinions.
Re: An honest question &amp;#45; looking for opinions.
Interesting point made Andy on land.

The only difference that I see comparing RL and SL in this regard is that LL at any time can decide to make additional land parcels primarily utilizing server maintenance costs. If there's a large abundance of unpopulated land/regions, LL can just remove it off the grid paying only labor costs.

How about inflation? Nobody really talked about this, but wouldn't inflation come into play? Converted lindens lost its value overtime.

iV



This website © 2008, 2009 SLCapex.com, LLC. All rights reserved