All posts by Ashleigh Wade
| Jul 27th 2007, 07:19 Ashleigh Wade |
SL CapEx Public Forum » Liquidity and Value Re: Liquidity and Value |
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| I agree with all regarding the need to step up new investor recruitment, bring in some really heavy hitters, and develop broad brand awareness through advertising and promotion. I also feel its mandatory we establish standards for financial reporting. All of this combined I feel will increase liquidity and solidify the market as a whole. One must allow the time it takes to establish and begin each one of these initiatives. You must remember that this exchange is just 3 months old. It has been quite difficult to get everyone in a room at the same time, much less establish programs to take the exchange to a new level. This is why restructuring has taken place. In the beginning we tried to establish an old school tiered management and committee model and it didn't work. You all are aware that doing business in SL requires a lot of flexibility and a new way of thinking. The general anxiety/mistrust and bad press received by the capital markets as a whole has created a recipe for everyone being really busy while in-world dealing with day-to-day drama and having less time to strategize how to take it to the next level and implement those processes. I know that Allen has plans for each of these initiatives, as I've discussed them broadly with him. However I feel they haven't had a chance to be fleshed out to lack of time, summer season, drama, etc. Recently the partnership was liquidated to allow Allen time to focus on the exchange. I believe you will see action on the items you've highlighted over the next few months. |
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| Jul 27th 2007, 07:28 Ashleigh Wade |
SLCapEx Suggestions » AVIX Index & General Metrics AVIX Index & General Metrics |
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| Apologies if this is already posted somewhere. I would like to see some sort of index of the AVIX stocks to indicate the health and direction of AVIX as a whole. I discussed this briefly with Maelstrom and we agreed a general metrics page with indexes of both the stocks and currency exchange might be helpful or at least informative. |
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| Jul 27th 2007, 08:16 Ashleigh Wade |
General Investment Discussion » Cleaning up SL. Re: Cleaning up SL. |
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| I don't feel it's a moral issue here. To me it is as simple as: -Linden Labs is a US Company -Online Gambling in the US is illegal Way back when they were able to get away with gambling because they were too small to register on the radar. However now that LL is a fairly large corporation with multinational reach and $2 Mil USD give or take changing hands in-world everyday its not under radar as much anymore. The writing was on the wall to me when they decided not to advertise casinos anymore. Also, if they go public or are acquired by a public company they would not be able to get away with it. This "cleaning house" to me is their way of gearing towards the future. It's interesting to think about though. I wonder if the SEC and friends will step in to regulate SL markets and banks if and when the going public occurs. Maybe not, think hedge funds, but interesting to think about none the less. I don't see a shutting down of the markets, as some fear, because the US is pro-capitalist. |
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| Jul 27th 2007, 11:23 Ashleigh Wade |
General Investment Discussion » Gambling TOS Re: Gambling TOS |
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| I don't feel there would be a shut down of the capital markets or banking systems. The US is a capitalistic society and I think there would be an attempt to regulate before any shutdown would occur. Also, shutting down casinos eliminates one aspect that attributes to the economy. Eliminating the Capital Markets themselves would put a choke hold on pooled resources and could grind the SL economy itself into a halt. Mael also points out that, in an ideal world, there would be company assets backing your investment - land, products, etc. In theory, the event of a bankruptcy would provide you claim to part of those assets as a shareholder. While you do take risk, it's not the sort of risk you take as a gambler in a game of chance. |
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| Aug 2nd 2007, 19:26 Ashleigh Wade |
SLCapEx Suggestions » Link to System Annoucements Link to System Annoucements |
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| There should be a link to system annoucements. Investor Allen often sets important dates using them and we can't refer back as needed. | ||
| Aug 13th 2007, 12:33 Ashleigh Wade |
Allenvest Land Fund » Reports Re: Reports |
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| WieBenIk: With reference to your ad hoc report, I just want to point out that the first few parcels of land in Allenvest went for L$30/m2. I believe that the Allenvest sims will continue to draw a decent amount of traffic and growth. Besides, you never know what interesting business opportunities are just around the corner :) I agree with all on the need for more reports in a timely manner. Hopefully now that Allen has adjusted AVIX off his plate he can focus on the asset side of business and this will occur. |
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| Aug 13th 2007, 19:06 Ashleigh Wade |
Allenvest Land Fund » Reports Re: Reports |
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| Thanks for the compliment on my eyes :) I think it would be a mistake to assume all parcels (or even most of them) were sold at L$30/m2. Indeed most were probably sold at less. I was just saying that some were and wanted to make sure you figured that in your estimations. I often found that projections in SL Business fall short of promises. I can't complain, as I have been quite happy with my investments, but I can't say one of them has ever delivered as promised. |
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| Aug 24th 2007, 16:01 Ashleigh Wade |
Karlfeldt & Delgado Capital Public Forum » Share Repuchasing Re: Share Repuchasing |
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| I understand it to mean that he is selling off a part of the TGB holdings to place a buy order of KDC at .53. This will allow those interested to sell their stake in KDC at .53/share. The shares bought at .53 would then be removed from the total float therby increasing remaining shareholder's equity in the company. It's a stock buyback plan - not a bad move in light of the economic situation. However, it may not play favorably with dividend hounds. As an equity player I would be for such a plan. |
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| Aug 27th 2007, 12:51 Ashleigh Wade |
SL Reports Public Forum » Podcasts Podcasts |
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| I was wondering what happened with the podcasts? They were streaming weekly and then stopped at the end of July.... Did I miss an announcement? Do you plan to continue them? I think they were a great idea. |
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| Aug 28th 2007, 10:40 Ashleigh Wade |
Brautigan & Tuck Holdings Public Forum » The sound of silence Re: The sound of silence |
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| A few observations: - If I recall correctly Int indicated that financials are released quarterly. - The prospectus appears to be the same release when IPO went up on WSE. Perhaps it should be updated to reflect current market conditions. That might be a great requirement-a mandatory quarterly update of prospectus. - The prospectus reads that BNT "intends to" not "will have" 300 sims. That figure is obviously over-aggressive (and was over-aggressive at IPO, IMHO). - Most prospectuses I have read in SL makes very aggressive assumptions and promises that usually cannot be kept and/or delivered. Penalties assessed on this basis would only take money out of shareholders pockets and company capital. We would all lose. I do think the CAPEX staff is doing a great job of matching prospectus to business plans, as evidenced by a recent IPO pullback. - A 130 million share IPO issue wherein the founder retains 110 million shares means that the company really only received money on the 20 million floated. So it's not a 120 million linden project. I do agree with Lindsay that the total share count may be too high. I would urge Int to reduce the total count. He can do this and still maintain a vast majority holding of the company. It would also shore up the share price and boost investor confidence. -Unlike many companies in SL, BNT has physical (yet virtual) assets that, in theory, could be liquidated and distributed in the event of total meltdown. -BNT has very well maintained and managed sims with state of the art services and security. If you haven't visited the continent I highly recommend it. That said, I do worry about the potential over-extension of BNT resources due to over-aggressive acquisition and exposure to Ginko. Perhaps management would be willing to comment on that and give some guidance as to what to expect when the next financials are issued. I would also like to inquire when the newly acquired sims will be joined to the main continent. Thanks, Ash |
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