http://slcapex.com/forums/browse/SLR en-us Thu, 18 Mar 2010 02:56:10 -0600 Thu, 18 Mar 2010 02:56:10 -0600 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/SLR/278 A Move toward greater transparency - 02/20/2010

SL CapEx Investors:

Over the last several years I've occassionally argued against the need or desire for Trading ALTS within the SL Finance community, however, I recently read an article posted on another exchange claiming that many of the SL CapEx-listed companies (including several that I've managed) have been or are Ponzi schemes or perhaps what they are calling "distribution IPO's".

I normally don't waste my time arguing with this particular individual - he's been discredited by nearly every credible investor in our community and has proven to be a wholly disreputable and dispicable fraud himself whose sole motivation is to disrupt, abuse and harrass anyone and everyone he encounters.

Notwithstanding those facts, I've arrived at the conclusion that the best way to counter such accusations is to simply seperate my personal holdings from both the ETF holdings and the SLR Treasury - this will provide interested parties with a clear and transparent independent view of each of the asset pools that I manage. It will also demonstrate beyond ANY doubt that no such distribution has been undertaken during my entire tenure within the community.

I will repeat yet again, during my ENTIRE EXISTANCE within SL I have NEVER, EVER cashed out a SINGLE PENNY of $Lindens for personal gain. Frankly, the ONLY transactions I've ever used company funds for have been TIER PAYMENTS or ASSET PURCHASES on behalf of the enterprise. Further, I still hold EVERY SINGLE SHARE that has been awarded to me as a CEO via IPO.

AMPLIFIED: Every penny that I've EARNED HERE has been REINVESTED HERE - and then some (L$Millions). If you don't believe ME, ask a few of the folks that have been around for more than 15 minutes.

So, Slugo, stick that in yer F'n crack pipe and smoke it - scumbag!

Effective immediately,

ALL ASSETS held by CAPEX COMPOSITE FUND (ETF) will be held in the ALT named "ETF KINGMAKER";

ALL ASSETS held by the SLR TREASURY (SLR) will be held in the ALT named "BEAU COMPOSER";

ALL PERSONAL ASSETS held by me (personal shares) will be held by "BOGART BECK".

Should you have ANY questions regarding this post please feel free to drop me an e-mail - Bogart.Beck@Gmail.com

Respectfully,

Bo Beck

in topic Official Weekly Update - For CEO Posting Only by Bogart Beck ]]> Sat, 20 Feb 2010 21:08:06 -0700 http://slcapex.com/forums/topic/SLR/278/20904 http://slcapex.com/forums/topic/SLR/2818
in topic Shareholders Meeting by Ashleigh Wade ]]> Mon, 11 Jan 2010 09:45:11 -0700 http://slcapex.com/forums/topic/SLR/2818/20690 http://slcapex.com/forums/topic/SLR/2818 Ash,

No one showed ('cept me and Morph via IM) - so no quorum. I'll need to reschedule for this weekend.

in topic Shareholders Meeting by Bogart Beck ]]> Mon, 11 Jan 2010 09:31:45 -0700 http://slcapex.com/forums/topic/SLR/2818/20688 http://slcapex.com/forums/topic/SLR/2818
Any recap avail?

in topic Shareholders Meeting by Ashleigh Wade ]]> Mon, 11 Jan 2010 09:25:32 -0700 http://slcapex.com/forums/topic/SLR/2818/20684 http://slcapex.com/forums/topic/SLR/2812
SLR Shareholders,

It is that time once again. Our Annual Shareholders Meeting has been set for Sunday, January 10, 2010 - 7:00PM (SLT) Location: BIG Estate Amphitheater.

Agenda as follows;

7:00-7:15PM - Discussion of 2009 Performance Results
7:15-7:30PM - 2010 Business Plan and Strategy
7:30-7:45PM - Election of 2010 Officers and Board of Directors
7:45-8:00PM - Open Questions & Answers

Nominations for 2010 Board seats are currently being solicited. If you believe this is a role you're prepared to fulfill for the upcoming year please drop me an Email (bogart.beck@Gmail.com).

Kindest regards,

Bogart Beck

in topic REPRINT by Cash Yiyuan ]]> Fri, 01 Jan 2010 17:23:17 -0700 http://slcapex.com/forums/topic/SLR/2812/20667 http://slcapex.com/forums/topic/SLR/278 SLR Annual Shareholder Meeting Scheduled for 01/10/2010

SLR Shareholders,

It is that time once again. Our Annual Shareholders Meeting has been set for Sunday, January 10, 2010 - 7:00PM (SLT) Location: BIG Estate Amphitheater.

Agenda as follows;

7:00-7:15PM - Discussion of 2009 Performance Results
7:15-7:30PM - 2010 Business Plan and Strategy
7:30-7:45PM - Election of 2010 Officers and Board of Directors
7:45-8:00PM - Open Questions & Answers

Nominations for 2010 Board seats are currently being solicited. If you believe this is a role you're prepared to fulfill for the upcoming year please drop me an Email (bogart.beck@Gmail.com).

Kindest regards,

Bogart Beck

in topic Official Weekly Update - For CEO Posting Only by Bogart Beck ]]> Fri, 01 Jan 2010 13:12:50 -0700 http://slcapex.com/forums/topic/SLR/278/20665 http://slcapex.com/forums/topic/SLR/278 Year-End Holdings and Disclosure Statement - Bogart Beck - 12/31/2009

Cash Equivalents (L$)
======================
2009 - BTX - Beck Tech. Research - $2,827.04
2009 - SLR - SL Reports.Net - $0.00
Bogart Beck Main - $22.37

2009 - BTX - Beck Tech. Research
=================================
BTX - Beck Technical Research II - 360,601 shares (TREASURY)
CAPX - SL Capital Exchange - 605,001 shares @ $344,850.57 NPV
NIC - Nestler Investment Corp - 701,001 shares @ $665,950.95 NPV
SLR - SL Reports.Network - 1,813,501 shares @ $435,240.24 NPV
VPAY - Virtual Payment Systems - 700,501 shares @ $182,130.26 NPV

2009 - SLR - SL Reports.Net
===========================
SLR - SL Reports.Network - 1,500,001 shares (TREASURY)

Bogart Beck Main (Personal)
===========================
BTX - Beck Technical Research II - 1,000,006 shares @ $3,200,019.20 NPV
CAPX - SL Capital Exchange - 1,000,001 shares @ $570,000.57 NPV
SLR - SL Reports.Network - 1,000,001 shares @ $240,000.24 NPV


in topic Official Weekly Update - For CEO Posting Only by Bogart Beck ]]> Fri, 01 Jan 2010 01:14:38 -0700 http://slcapex.com/forums/topic/SLR/278/20661 http://slcapex.com/forums/topic/SLR/278 http://www.slcapex.com/home/story/system/2510

11/19/2009, 23:12 system announcement
by Bogart Beck

Bo Beck Holdings Disclosure Statement - 11/19/2009 - 9PM SLT

Date: 11/19/2009
From: Bogart Beck
To: All Interested Parties

Considering my long absense this summer I've found it appropriate to assess the valuation of BTX as part of my reassimilation into the SL Finance Community.

My last Disclosure Statement (July 20th for the period ending June 30, 2009), http://www.slcapex.com/home/story/system/2412

and the post-merger BAY, BIG, BTX Press Release (dated July 22, 2009),
http://www.slcapex.com/home/story/BTX/2416

together demonstrated post-merger BTX NET ASSETS totalling approximately
L$ 887,367.07 (*EXCLUDING TREASURY SHARES), as follows;

BTX SL CapEx Cash Equivalents ($Lindens)
========================================
2009 - BTX - Beck Tech. Research L$1,464.24

BTX SL CapEx-listed Securities ($Lindens)
=========================================
BTX - Beck Technical Research II - 359,488 TREASURY SHARES (*EXCLUDED)
CAPX - SL Capital Exchange - 670,002 Shares @ L$783,902.34 NPV
HIFI - HI-FIve™ - 150,001 Shares @ L$ 45,000.30 NPV
SLR - SL Reports.Network - 300,001 Shares @ L$ 57,000.19 NPV

Readers here should note that BTX does NOT report the BIG ESTATE as an ASSET but rather simply as a monthly EXPENSE (I'll save the GAAP diatribe for another time - most of you know where I stand on that anyway). During the time I was away TIER for BIG ESTATE was paid each month via a combination of my own cash and investments, BIG's monthly renters and the sale of some of BTX's investment portfolio which I'll reconcile here shortly, however, it's an important consideration of BTX's going forward strategy.

So... where are we today and where are we going?

Clearly, the current dynamics of SL are not what they once were nor is the state of play within the SL Finance community. With so much uncertainty here, a new RL mortgage almost TWICE what our old home cost, and a perilous RL economy, for now I'm finding it difficult to justify further incremental NEW capital investment here. Many (most?) of our freinds are struggling with very similar dilemmas. Notwithstanding my own time and effort, going forward BTX (and SLR) MUST be a financially self-sustaining entity and will either stand or perish on its own merit, including the BIG ESTATE sim which must operate on at least a break-even basis month-to-month. Shareholders, residents and freinds TAKE NOTE!

To that end I've elected to re-seed BTX's Balance Sheet with investments from my own personal portfolio. Effective today 11/19/2009 I have DONATED ALL of my personal NIC and VPAY shares to BTX to help it stand on its own.

Please find an updated Disclosure below;

SL CapEX Cash and Equivalents ($Lindens)
========================================
2009 - BTX - Beck Tech. Research L$ 475.57
2009 - SLR - SL Reports.Net L$ 0.00
Bogart Beck Main - L$ 0.00

Bogart Beck Main (PERSONAL SHARES)
==================================
BTX - Beck Technical Research II - 1,000.001 shares @ L$ 2,240,002.24 NPV
CAPX - SL Capital Exchange - 1,000,001 shares @ L$ 790,000.79 NPV
SLR - SL Reports.Network - 1,000,001 shares $ L$ 180,000.18 NPV

BTX's holdings have thus been increased to L$ 2,592,585.29 NPV, as follows;

2009 - BTX - Beck Tech. Research
================================
BTX - Beck Technical Research II - 344,001 shares @ L$ 770,562.24 NPV
CAPX - SL Capital Exchange - 590,001 shares @ L$ 466,100.79 NPV
HIFI - HI-FIve™ (** HALTED **) - 75,001 shares @ L$ 48,000.64 NPV
NIC - Nestler Investment Corp. - 850,001 shares @ L$ 850,001.00 NPV
SLR - SL Reports.Network - 344,001 shares @ L$ 61,920.18 NPV
VPAY - Virtual Payment Systems, Inc. - 900,001 shares @ L$ 396,000.44 NPV

SLR's holdings remain as follows;

2009 - SLR - SL Reports.Net
===========================
SLR SL Reports.Network - 1,500,001 shares @ L$ 270,000.18 NPV

I'll provide some insight regarding SLR's gameplan in the next few days.

Respectfully,

Bogart Beck
Chair & CEO BTX & SLR


in topic Official Weekly Update - For CEO Posting Only by Bogart Beck ]]> Thu, 19 Nov 2009 22:15:19 -0700 http://slcapex.com/forums/topic/SLR/278/20523 http://slcapex.com/forums/topic/SLR/2788
Sincerly
Johnny Norwood

in topic SL Reports Old News or New News by Johnny Norwood ]]> Fri, 06 Nov 2009 18:32:54 -0700 http://slcapex.com/forums/topic/SLR/2788/20466 http://slcapex.com/forums/topic/SLR/2788
in topic SL Reports Old News or New News by Johnny Norwood ]]> Fri, 06 Nov 2009 18:03:19 -0700 http://slcapex.com/forums/topic/SLR/2788/20465 http://slcapex.com/forums/topic/SLR/2788
Yeah, starting to catch up s-l-o-w-l-y.Seems like I missed out on quite a bit of drama over the last couple of months (maybe a good thing as I'd certainly have had an opinion about most of what I've read so far). Same ol' SL it seems.

I'll likely post my first Op/Ed in what? 4 months sometime on Sunday... lot's of topics to opine on - sure to raise an eyebrow or three ;-).

Bo

in topic SL Reports Old News or New News by Bogart Beck ]]> Thu, 05 Nov 2009 22:45:35 -0700 http://slcapex.com/forums/topic/SLR/2788/20455 http://slcapex.com/forums/topic/SLR/2788
Lots been going on and it is not being reported on the SL Reports. Also noticed some of the links on your site aren't working either.

Well here is a few things SL Reports missed.

LL has just about destroyed the land market and Xstreeter.
Stroker along with some others) is suing LL and is not using their usual lawyer to handle the case.
LL set bait, trap and permanent ban for some copyright infringers with a sting operation.
Boobies now bounce in SL but you have to look really really hard to see it.

And I shot Investor Merlin square between the eyes on the (defunct?) Ace forum when he tried to plea bargain a new IPO to use investors money for some new scam he has thought up.

Ok lets put on our thinking caps and Help Bo catch up.

in topic SL Reports Old News or New News by SynCere Talon ]]> Thu, 05 Nov 2009 21:13:50 -0700 http://slcapex.com/forums/topic/SLR/2788/20452 http://slcapex.com/forums/topic/SLR/2744
Pep

in topic SL Reports Prospectus.... by Peperi Franizzi ]]> Fri, 04 Sep 2009 12:13:28 -0600 http://slcapex.com/forums/topic/SLR/2744/20168 http://slcapex.com/forums/topic/SLR/2744


in topic SL Reports Prospectus.... by Mystic Handrick ]]> Fri, 04 Sep 2009 03:06:02 -0600 http://slcapex.com/forums/topic/SLR/2744/20162 http://slcapex.com/forums/topic/SLR/2727
I have supported SLR from IPO in the old AVIX days and I am not about to turn my back on it now...we are nearly there - don't pull out now.

in topic Any Updates? by Cash Yiyuan ]]> Sun, 16 Aug 2009 21:51:53 -0600 http://slcapex.com/forums/topic/SLR/2727/20038 http://slcapex.com/forums/topic/SLR/2727
SLR - SL Reports.Net - Q2/2009 Financials - Posted 07/19/2009

SLR - SL Reports.Net - Consolidated Q2/2009 Financials -
For the Period 04/01/2009 - 06/30/2009 - Posted 07/19/2009

CEO's Report and Forward Guidance
=================================

SLR Shareholders,

I'm reporting ZERO Financial Activity for the period 03/01/2009 through 06/20/2009. There has been no Income or Expenses recorded during this period.

As announced previosly, I do not anticipate being actively engaged in SL or on SL CapEx until early in Q4 '09 after my family moves in October. Specific to SL Reports, unless a qualified party steps forward to operate SLR on an interim basis the entity will likely remain dormant until I return.

SLR has potential, it just needs the right hands-on steward at the helm.

I'll keep you posted should the right person step forward...

Bogart Beck
SLR Chair & CEO
===============================================

(SL CapEx: SLR) SL Reports.Net - INCOME STATEMENT
PERIOD ENDING (Consolidated Q2/2009) 03/01-06/30/2009 Post 30-Jun-09
Revenue
Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $-
TOTAL SALES REVENUE $-
Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $-
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $-
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $-

Gross Profit (Loss) $-
Gross Margin (%) 0.00%
Operating Expenses
Research & Development (NONE)
General and Administrative (Mgmt & Admin Salaries) (NONE) $-
Non Recurring (ONE-TIME) (NONE) $-
Others / Miscellaneous (OFC Furniture, etc.) (NONE) $-
TOTAL OPERATING EXPENSES $-

Operating Income or Loss $-
Operating Margin (%) 0.00%
Other Income from Continuing Operations
Other Income - (LAND SALES) $-
Other Income - Dividends Earned $-
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned (N/A) $-
TOTAL OTHER INCOME $-
Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $-
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $-
Other Non-recurring Events
Less Costs for Discontinued Operations $-
Less Asset Impairment (NONE) $-
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $-
% of Revenue 0.00%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders (L$0.00) $-
% of NIAS 0.00%

RETAINED EARNINGS $-
===============================================

(SL CapEx: SLR) SL Reports.Net
PERIOD ENDING (Consolidated Q2/2009) 03/01-06/30/2009 30-Jun-09
Assets
Current Assets
Cash And Cash Equivalents (CapEx SLR Balance) $-
Short Term Invest. (None)
Net Receivables (None) $-
Inventory (None) $-
Other Current Assets (None) $-

Total Current Assets $-
PLUS
Property Plant and Equipment (Hard Assets) $-
Intangible Assets $-
Goodwill - SL Reports.Net $75,000.02
Accumulated Amortization (None) $-

Total Assets $75,000.02

Liabilities
Current Liabilities
Accounts Payable -NONE $-
Current Portion Due of Long Term Debt - NONE $-
Other Current Liabilities - NONE $-

Total Current Liabilities $-
PLUS
Long Term Debt - NONE $-
Other Liabilities - NONE $-
Deferred Long Term Liability Charges - NONE $-
Minority Interest - NONE $-
Negative Goodwill - NONE $-

Total Liabilities $-

Stockholders' Equity
Preferred Stock $-
Common Stock - (SLR- 6.0 M Shares @ L$0.01 /share PAR Value) $60,000.01
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $-
Additional PAID-IN Capital $-
Treasury Stock - (SLR - 1,500,001 Shares @ L$0.01 /share PAR Value) $15,000.01
Other Stockholder Equity $-
Accumulated Surplus or (Deficit) $-

Total Stockholder Equity $75,000.02

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $75,000.02

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS $0
================================================

in topic Any Updates? by Bogart Beck ]]> Sun, 16 Aug 2009 14:13:08 -0600 http://slcapex.com/forums/topic/SLR/2727/20035 http://slcapex.com/forums/topic/SLR/2727
in topic Any Updates? by Povo Magic ]]> Sun, 16 Aug 2009 13:45:24 -0600 http://slcapex.com/forums/topic/SLR/2727/20034 http://slcapex.com/forums/topic/SLR/2719
-Chanston

in topic quiero mi dinero/ We have been deceived by Chanston Xaris ]]> Thu, 06 Aug 2009 21:40:43 -0600 http://slcapex.com/forums/topic/SLR/2719/19982 http://slcapex.com/forums/topic/SLR/2719
Pep

in topic quiero mi dinero/ We have been deceived by Peperi Franizzi ]]> Mon, 27 Jul 2009 22:24:45 -0600 http://slcapex.com/forums/topic/SLR/2719/19960 http://slcapex.com/forums/topic/SLR/2719 Daigo,

If I may ask; what does this have to do with SL Reports.net?

Thanks,

Bo

in topic quiero mi dinero/ We have been deceived by Bogart Beck ]]> Mon, 27 Jul 2009 15:29:43 -0600 http://slcapex.com/forums/topic/SLR/2719/19958 http://slcapex.com/forums/topic/SLR/2718 Daigo,

If I may ask; what does this have to do with SL Reports.net?

Thanks,

Bo

in topic engaño by Bogart Beck ]]> Mon, 27 Jul 2009 15:29:06 -0600 http://slcapex.com/forums/topic/SLR/2718/19957 http://slcapex.com/forums/topic/SLR/2719
Please check your account balance via the website http://www.slcapex.com - all your L$ have been converted to SLW (SL Wallet) shares, due to liquidity issues and as per announcements on capex - most recent announcement is available here http://www.slcapex.com/home/story/system/1452
Please note that shares have been valued at 1.00. Recently the price has dropped because people have been in need of Linden, so they are selling at market price. If you do not need your funds straight away dont sell them right now, or place an order to sell at 1.03L$. To do this please refer to the SLCapEx Walkthrough that can be received by clicking the sign below that says 'New to Trading'.

Please note that shorty Arbitrage Wise will be doing a SLW share buyback at 1.03L$ - so if you can hold off till then, so you dont incur any losses.

Regards,
Cash Yiyuan
VP Investor Relations
SL Capital Exchange

2008-02-08 23:05:57

Welcome to SL Wallet and SL Capital Exchange. We have been unable to meet the tentative date set in the last update by JTF.

We have the platform in the last stages of completion and will advise a date after the weekend coming.

For future updates, please visit :
http://www.slcapex.com
or
http://sl-virtual-world-news.com/

Once again we thank you for your patience and once the SL Wallet ATM is in place we will be advising all customers via JTF groups, so please dont leave the groups at the moment. We will be creating new groups, but not until SL Wallet ATM's are online.

Regards,
JTF Management

in topic quiero mi dinero/ We have been deceived by daigo Barthelmess ]]> Mon, 27 Jul 2009 06:52:14 -0600 http://slcapex.com/forums/topic/SLR/2719/19956 http://slcapex.com/forums/topic/SLR/2718
in topic engaño by daigo Barthelmess ]]> Mon, 27 Jul 2009 06:43:30 -0600 http://slcapex.com/forums/topic/SLR/2718/19955 http://slcapex.com/forums/topic/SLR/2705
in topic What are we waiting on? by Chanston Xaris ]]> Wed, 22 Jul 2009 08:55:51 -0600 http://slcapex.com/forums/topic/SLR/2705/19942 http://slcapex.com/forums/topic/SLR/2705
SLR will pay a fine, but our main goal is to have the company trading.



in topic What are we waiting on? by Cash Yiyuan ]]> Mon, 20 Jul 2009 23:35:53 -0600 http://slcapex.com/forums/topic/SLR/2705/19938 http://slcapex.com/forums/topic/SLR/2705
Pep

in topic What are we waiting on? by Peperi Franizzi ]]> Mon, 20 Jul 2009 22:32:38 -0600 http://slcapex.com/forums/topic/SLR/2705/19935 http://slcapex.com/forums/topic/SLR/2705
Haha, good point ;)

in topic What are we waiting on? by Johnny Norwood ]]> Mon, 20 Jul 2009 15:38:42 -0600 http://slcapex.com/forums/topic/SLR/2705/19932 http://slcapex.com/forums/topic/SLR/2705 =================================

SLR Shareholders,

I'm reporting ZERO Financial Activity for the period 03/01/2009 through 06/20/2009. There has been no Income or Expenses recorded during this period.

and it took that long to report zero financial activity???? God Help us if it actually makes any activity!!!!


in topic What are we waiting on? by Deema Clowes ]]> Mon, 20 Jul 2009 03:28:17 -0600 http://slcapex.com/forums/topic/SLR/2705/19930 http://slcapex.com/forums/topic/SLR/1418 by Bogart Beck

SLR - SL Reports.Net - Q2/2009 Financials - Posted 07/19/2009

SLR - SL Reports.Net - Consolidated Q2/2009 Financials -
For the Period 04/01/2009 - 06/30/2009 - Posted 07/19/2009

CEO's Report and Forward Guidance
=================================

SLR Shareholders,

I'm reporting ZERO Financial Activity for the period 03/01/2009 through 06/20/2009. There has been no Income or Expenses recorded during this period.

As announced previosly, I do not anticipate being actively engaged in SL or on SL CapEx until early in Q4 '09 after my family moves in October. Specific to SL Reports, unless a qualified party steps forward to operate SLR on an interim basis the entity will likely remain dormant until I return.

SLR has potential, it just needs the right hands-on steward at the helm.

I'll keep you posted should the right person step forward...

Bogart Beck
SLR Chair & CEO
===============================================

(SL CapEx: SLR) SL Reports.Net - INCOME STATEMENT
PERIOD ENDING (Consolidated Q2/2009) 03/01-06/30/2009 Post 30-Jun-09
Revenue
Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $-
TOTAL SALES REVENUE $-
Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $-
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $-
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $-

Gross Profit (Loss) $-
Gross Margin (%) 0.00%
Operating Expenses
Research & Development (NONE)
General and Administrative (Mgmt & Admin Salaries) (NONE) $-
Non Recurring (ONE-TIME) (NONE) $-
Others / Miscellaneous (OFC Furniture, etc.) (NONE) $-
TOTAL OPERATING EXPENSES $-

Operating Income or Loss $-
Operating Margin (%) 0.00%
Other Income from Continuing Operations
Other Income - (LAND SALES) $-
Other Income - Dividends Earned $-
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned (N/A) $-
TOTAL OTHER INCOME $-
Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $-
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $-
Other Non-recurring Events
Less Costs for Discontinued Operations $-
Less Asset Impairment (NONE) $-
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $-
% of Revenue 0.00%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders (L$0.00) $-
% of NIAS 0.00%

RETAINED EARNINGS $-
===============================================

(SL CapEx: SLR) SL Reports.Net
PERIOD ENDING (Consolidated Q2/2009) 03/01-06/30/2009 30-Jun-09
Assets
Current Assets
Cash And Cash Equivalents (CapEx SLR Balance) $-
Short Term Invest. (None)
Net Receivables (None) $-
Inventory (None) $-
Other Current Assets (None) $-

Total Current Assets $-
PLUS
Property Plant and Equipment (Hard Assets) $-
Intangible Assets $-
Goodwill - SL Reports.Net $75,000.02
Accumulated Amortization (None) $-

Total Assets $75,000.02

Liabilities
Current Liabilities
Accounts Payable -NONE $-
Current Portion Due of Long Term Debt - NONE $-
Other Current Liabilities - NONE $-

Total Current Liabilities $-
PLUS
Long Term Debt - NONE $-
Other Liabilities - NONE $-
Deferred Long Term Liability Charges - NONE $-
Minority Interest - NONE $-
Negative Goodwill - NONE $-

Total Liabilities $-

Stockholders' Equity
Preferred Stock $-
Common Stock - (SLR- 6.0 M Shares @ L$0.01 /share PAR Value) $60,000.01
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $-
Additional PAID-IN Capital $-
Treasury Stock - (SLR - 1,500,001 Shares @ L$0.01 /share PAR Value) $15,000.01
Other Stockholder Equity $-
Accumulated Surplus or (Deficit) $-

Total Stockholder Equity $75,000.02

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $75,000.02

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS $0
================================================

in topic SLR Monthy Financials by Cash Yiyuan ]]> Mon, 20 Jul 2009 00:33:49 -0600 http://slcapex.com/forums/topic/SLR/1418/19923 http://slcapex.com/forums/topic/SLR/2705
Everyones interest should be in seeing a company retrade not delist.



in topic What are we waiting on? by Cash Yiyuan ]]> Sun, 19 Jul 2009 18:23:48 -0600 http://slcapex.com/forums/topic/SLR/2705/19920 http://slcapex.com/forums/topic/SLR/2705
in topic What are we waiting on? by Itchy Gamba ]]> Sun, 19 Jul 2009 17:40:40 -0600 http://slcapex.com/forums/topic/SLR/2705/19919 http://slcapex.com/forums/topic/SLR/2705
Pep

in topic What are we waiting on? by Peperi Franizzi ]]> Wed, 15 Jul 2009 10:37:33 -0600 http://slcapex.com/forums/topic/SLR/2705/19904 http://slcapex.com/forums/topic/SLR/2705
in topic What are we waiting on? by firstdesigns Milos ]]> Wed, 15 Jul 2009 03:03:26 -0600 http://slcapex.com/forums/topic/SLR/2705/19902 http://slcapex.com/forums/topic/SLR/2705


in topic What are we waiting on? by Cash Yiyuan ]]> Wed, 15 Jul 2009 01:51:13 -0600 http://slcapex.com/forums/topic/SLR/2705/19901 http://slcapex.com/forums/topic/SLR/2705
in topic What are we waiting on? by Deema Clowes ]]> Wed, 15 Jul 2009 00:39:20 -0600 http://slcapex.com/forums/topic/SLR/2705/19900 http://slcapex.com/forums/topic/SLR/2705
in topic What are we waiting on? by Povo Magic ]]> Thu, 09 Jul 2009 01:19:58 -0600 http://slcapex.com/forums/topic/SLR/2705/19837 http://slcapex.com/forums/topic/SLR/2705
in topic What are we waiting on? by Chanston Xaris ]]> Thu, 09 Jul 2009 00:28:47 -0600 http://slcapex.com/forums/topic/SLR/2705/19836 http://slcapex.com/forums/topic/SLR/2693
I was just wondering...So you are not going to resume the trade until October or September? I need the Linden at the moment, so I am very concerned. And would very much appretiate if you resumed them now...

-Chanston Xaris

in topic Where in the world is Bogart Beck? - 07/02/2009 12:30AM by Chanston Xaris ]]> Fri, 03 Jul 2009 15:32:00 -0600 http://slcapex.com/forums/topic/SLR/2693/19791 http://slcapex.com/forums/topic/SLR/2693 Today, 01:49 system announcement by Bogart Beck

Where in the world is Bogart Beck? - 07/02/2009 12:30AM

Greetings from the world beyond the grid! Bogart Beck here... and there.

I thought it important to draft a brief message to let you all know that even though current RL activities are preventing me from participating in SL and CapEx as actively as I have in the past, the rumors that I have expired, retired or otherwise vaporized are entirely false ;-) We are alive and very well! The fact of the matter is, however, that I will NOT likely be able to resume gameplay within SL or CapEx in any significant capacity until late September or perhaps even early October.

My wfe and I are building a new house this summer - a task that has taken on a life of its own and has essentially become a full-time secondary occupation for the time being - we hope to have an occupancy certificate by October 1. That endeavor, when combined with increased responsibilities in my RL Job, as well as my church and our soccer club just leave no time for SL until the fall.

Just so that all interested parties are crystal clear: I have NO INTENT to liquiidate ANY positions in ANY of the securities I hold either directly or indirectly on CapEx. I'd also like to make it clear that I do indeed touch base with Scott, Chan and Cash on a regular basis though not daily with regard to activities on CAPEX. *** I WILL BE BACK - BANK ON IT ***

For the Record, I am also FULLY IN SUPPORT of Cash Yiyuan's appointment today to CEO of CAPEX and am confident of his abilities and and understanding of the responsibilities therewith. Given Scott's, Chan's and my own sccheduling conflicts this summer Cash is truly in the best position timewise to man the helm. I ask that you all also support him fully.

With regard to the Bogart Beck controlled entities; (BAY, BIG, BTX and SLR), I MAY be able to post Q2/2009 Financials some time this holiday weekend and will provide some direction regarding each of them at that time.

In closing for now, I do want to provide some cautionary guidance to my SL freinds and compatriots, as follows; as you each have observed, there have been a few new and somewhat novel ideas floating around the Exchanges the past few months... some have merit, many (MOST) aren't worth the bits nor the time consumed in touting them.

My recommendation for now ? If you don't personally KNOW the purveyor, AND/OR, if you don't FULLY and COMPLETELY UNDERSTAND the offering then DON'T put one red Linden Cent into the venture PERIOD. Caveat Emptor.

Kindest Regards,

Bogart Beck

in topic Where in the world is Bogart Beck? - 07/02/2009 12:30AM by Bogart Beck ]]> Thu, 02 Jul 2009 00:58:36 -0600 http://slcapex.com/forums/topic/SLR/2693/19773 http://slcapex.com/forums/topic/SLR/2683
in topic Is SL Reports Completely Dead, Now? by Cash Yiyuan ]]> Tue, 30 Jun 2009 02:02:16 -0600 http://slcapex.com/forums/topic/SLR/2683/19753 http://slcapex.com/forums/topic/SLR/2683
in topic Is SL Reports Completely Dead, Now? by Yanik Lytton ]]> Tue, 30 Jun 2009 01:49:16 -0600 http://slcapex.com/forums/topic/SLR/2683/19752 http://slcapex.com/forums/topic/SLR/2683


in topic Is SL Reports Completely Dead, Now? by Cash Yiyuan ]]> Mon, 29 Jun 2009 22:27:14 -0600 http://slcapex.com/forums/topic/SLR/2683/19751 http://slcapex.com/forums/topic/SLR/2683 Not knew before that Viagra is injectionable lol

(edit: or its called "injectable?)

I just saw i have 1001 SLR shares in my SUB-Account.

Worthless. It´s a shame, really.

Liked the weekly financial reports not long time ago.


good luck SLR,

sportsbets writer



in topic Is SL Reports Completely Dead, Now? by Sportsbets Writer ]]> Mon, 29 Jun 2009 13:02:57 -0600 http://slcapex.com/forums/topic/SLR/2683/19749 http://slcapex.com/forums/topic/SLR/2683
In any case, it does look like they need to update to the latest version of the underlying software. The Joomla version that the site is running on is out of date and has already fallen victim to a code injection hack (take a look at the source code, about halfway down).

I'm sure that the update will go seemlessly, and now that I'm completely out of anything to do with SL, I will wish you all well.

in topic Is SL Reports Completely Dead, Now? by Strange Ranger ]]> Thu, 25 Jun 2009 03:50:14 -0600 http://slcapex.com/forums/topic/SLR/2683/19735 http://slcapex.com/forums/topic/SLR/2655
in topic SLR Halted due to Non Compliance - Financial Reporting by Povo Magic ]]> Wed, 24 Jun 2009 19:18:56 -0600 http://slcapex.com/forums/topic/SLR/2655/19734 http://slcapex.com/forums/topic/SLR/2683
in topic Is SL Reports Completely Dead, Now? by Andy Grant ]]> Tue, 23 Jun 2009 19:15:28 -0600 http://slcapex.com/forums/topic/SLR/2683/19719 http://slcapex.com/forums/topic/SLR/2683
;)

I had SLR trading at a higher level and increased traffic when I was at the helm.

in topic Is SL Reports Completely Dead, Now? by Cash Yiyuan ]]> Tue, 23 Jun 2009 16:41:35 -0600 http://slcapex.com/forums/topic/SLR/2683/19717 http://slcapex.com/forums/topic/SLR/2683
It's not even a failure, it's absolutely ridiculous.

in topic Is SL Reports Completely Dead, Now? by Andy Grant ]]> Tue, 23 Jun 2009 13:20:18 -0600 http://slcapex.com/forums/topic/SLR/2683/19715 http://slcapex.com/forums/topic/SLR/2683
It's a shame that a publication that used to be the cornerstone of SL Finance is now a ghost town. There are virtually no players in this niche market and SL Reports could be great.

You would think they would have capitalized on the momentum from the management change so long ago.

Ergh.....

in topic Is SL Reports Completely Dead, Now? by Ashleigh Wade ]]> Tue, 23 Jun 2009 12:12:46 -0600 http://slcapex.com/forums/topic/SLR/2683/19714 http://slcapex.com/forums/topic/SLR/2683
Pep

in topic Is SL Reports Completely Dead, Now? by Peperi Franizzi ]]> Tue, 23 Jun 2009 11:09:36 -0600 http://slcapex.com/forums/topic/SLR/2683/19713 http://slcapex.com/forums/topic/SLR/2683 SLReports used to be useful and interesting, and now it is just dead through neglect. Not much respect for readers, shareholders or advertisers! A cynic might think that this is deliberate so as to depress the share price (if it is ever un-halted) .....



in topic Is SL Reports Completely Dead, Now? by Tom Prospero ]]> Tue, 23 Jun 2009 06:43:53 -0600 http://slcapex.com/forums/topic/SLR/2683/19712 http://slcapex.com/forums/topic/SLR/2683
I know that everything must go through changes, though. It looks like Mr. Beck was left in charge of things, but his anniversary somehow made him become MIA?

On April 4, 2009, Mr. Beck wrote, "For SLR to re-earn the respect of its readers, the content must be compelling, focused and timely. Its NEWS must be diligent, investigative, objective and unbiased, and any Editorial or Opinion pieces must be presented in a balanced and professional manner."

He had posted three times since then, and it's been about a month since "anything" was posted. Compelling...? Timely...? No... just crickets.

SLR has been halted. The web site isn't being updated. Yet... who's getting the revenue from the advertising?

It's also "strange" how the one person that is literally seconds away from being able to forward the site out of existence is "ready" to do so, just to end the agony.

Who would complain if SL Reports just disappeared? Shareholders? Readers? I know that "I" wouldn't even notice. It's not taking up much space or using much bandwidth, at all. Even $7 a month (for the hosting fee) isn't anything to think twice about. It's just the fact that they're not even paying that, anymore... at least not for the past 5 months.

I actually wonder if anybody will actually even read this and respond.

in topic Is SL Reports Completely Dead, Now? by Strange Ranger ]]> Tue, 23 Jun 2009 04:15:03 -0600 http://slcapex.com/forums/topic/SLR/2683/19710 http://slcapex.com/forums/topic/SLR/2655
no more informations at this date ?
Thanks

in topic SLR Halted due to Non Compliance - Financial Reporting by Mallory Marialla ]]> Thu, 11 Jun 2009 13:12:38 -0600 http://slcapex.com/forums/topic/SLR/2655/19628 http://slcapex.com/forums/topic/SLR/2645
Pep

in topic Update by Peperi Franizzi ]]> Wed, 20 May 2009 22:38:31 -0600 http://slcapex.com/forums/topic/SLR/2645/19484 http://slcapex.com/forums/topic/SLR/2655
I have spoken to Bogart Beck and have confirmed that some RL obligations have prevented the completion of the financials for this month.

Rest assured they will be completed and most likely posted by Monday.

This weekend Bogart is celebrating his 20th wedding anniversary in RL

I am sure we all congratulate him and his wife.

The company was halted, as any other company at CapEx would have been.

Any questions please feel free to ask.

Thank you,

Scott


in topic SLR Halted due to Non Compliance - Financial Reporting by Scott Nestler ]]> Wed, 20 May 2009 19:24:27 -0600 http://slcapex.com/forums/topic/SLR/2655/19476 http://slcapex.com/forums/topic/SLR/2655
Trading will not resume until fully conforming Financials have been posted and the Fine Paid-In-Full.

Cash Yiyuan
SLCAPEX COMPLIANCE

in topic SLR Halted due to Non Compliance - Financial Reporting by Cash Yiyuan ]]> Wed, 20 May 2009 03:41:13 -0600 http://slcapex.com/forums/topic/SLR/2655/19471 http://slcapex.com/forums/topic/SLR/2645
Anything likely to happen with SLR?

Regards,

Cayman



in topic Update by Cayman Beaumont ]]> Sat, 09 May 2009 12:34:45 -0600 http://slcapex.com/forums/topic/SLR/2645/19376 http://slcapex.com/forums/topic/SLR/2631
Pep

in topic Business Plan by Peperi Franizzi ]]> Mon, 20 Apr 2009 14:27:41 -0600 http://slcapex.com/forums/topic/SLR/2631/19296 http://slcapex.com/forums/topic/SLR/2627
in topic VSTEX Makes Bold Move - SL Reports Reprint - 04/16/2009 by Andy Grant ]]> Fri, 17 Apr 2009 11:36:39 -0600 http://slcapex.com/forums/topic/SLR/2627/19292 http://slcapex.com/forums/topic/SLR/2627 VSTEX Makes Bold Move - SL Reports Reprint - 04/16/2009

SL Reports Reprint http://sl-virtual-world-news.com/

VSTEX Makes Bold Move

All SL Reports News
Written by Bogart Beck
Thursday, 16 April 2009

Time once again for Bo's weekly rant...

I'm about to head off to Las Vegas for an industry trade show (NAB) and will be essentially out-of-touch from Sunday 04/19 through Thursday 04/23. I've been many times as it's part of my day job and it can often be a bit of a grind. I'm actually really looking forward to it this year although I'm sure attendance will be down significantly from previous years. I'm hoping a highpoint this year will be a presentation being delivered Tuesday AM by Linden Research, Inc. Chairman Philip Rosedale, who will be discussing virual worlds; how we use them today and how we'll use them in the future. Given the predominately media and broadcast oriented audience it should be a great dialogue. I'll report on my thoughts when I return.

From my perspective, the SL Finance Community has been in quite a funk recently - low volumes, limited liquidity, seething arguments on some forums and a few very thoughtful and articulate debates on others - I've been particularly encouraged by some of the dialogue on ISE recently centered around Corporate Governance, CEO succession strategies and the responsibbilities of outgoing Officers during transition. I was beginning to think that much of the dialogue would be wasted effort but was pleasantly surprised to awake this AM to a surprise announcement posted by my dear freind Samantha Goldflake.

In a Press Release dated April 15, 2009, EVP Samantha Goldflake announced the appointment of SL veteran Konner McDonnell as Chief Strategy Officer (CSO) for VSTEX effective April 16, 2009. Mr. McDonnell will be responsible for Exchange Strategy Development and Execution.

"We are faced with numerous opportunities for growth and I asked Konner to come and assist me in driving strategic initiatives across the stock exchange," stated Samantha Goldflake, Executive Vice President and Chief Strategy Officer for Vstex Company. "Konner's experience and knowledge of this virtual finance sector are invaluable and he will be a key resource as we move forward. Now that I'm tasked to other markets where Vstex Company operates, Konner is the due answer to the need of improving the VSTEX standing amongst its competitors. "

From a community standpoint I think this is actually very good news. While Konner and I have had some heated differences of opinion both publicly and privately, I personally can think of no better person to assist VSTEX at this point in its history. In my experience, Mr. McDonnell has demonstrated a keen ability to get to the heart of shareholder issues and has a knack for distilling sometimes complex legal opinions into a lay persons vernacular.

As the community at large continues to wrestle with toics ranging from quasi-regulatory oversite, Exchange policy, and the broader issue of SL "Public-Company" governance I suspect that Konner will have a very strong voice and firm yet gentle hand in helping guide the community in the right direction. My personal kudo's to Samantha and Tobia on a fine catch and congrat's to Konner on the appointment - you've earned the opportunity without question!

In other personnel news today, JayT Axel has announced that Firstdesigns Milos has resigned his position as Chief Financial Officer of Express Shopping Network (ACE: ESN). Rumor has it that Cousin Milos has designs on a broader opportunity within the community - we'll keep our eyes peeled in that regard!

Got your own tip, tidbit or titillating news story? Drop me a line - bogart.beck@gmail.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it and I'll get me reporters cap dusted pronto.

Bo out for now - Cheers!

in topic VSTEX Makes Bold Move - SL Reports Reprint - 04/16/2009 by Bogart Beck ]]> Thu, 16 Apr 2009 21:14:19 -0600 http://slcapex.com/forums/topic/SLR/2627/19290 http://slcapex.com/forums/topic/SLR/278 SLR - SL Reports.Net Retires Treasury Shares - 04/10/2009

SLR Shareholders,

As part of the recapitalization plan of SL Reports.Net, I have elected this evening to retire an odd lot of 3403 SLR shares. The shares were purchased on the open market today at market (approx. L$1300.00). The share retirement reduces the total authorized and issued shares of SLR to 7,750,000 shares.

I don't anticipate that this token share retirement will have any material impact on SLR share price - it just makes it easier to do the math. I will post the SLR Financials and 2009 Operating plan this weekend for review and comment and will be working on posting a Feature Article on the website by weeks end.

Thanks for your support!

Bo Beck
SLR Chief

in topic Official Weekly Update - For CEO Posting Only by Bogart Beck ]]> Fri, 10 Apr 2009 01:35:38 -0600 http://slcapex.com/forums/topic/SLR/278/19261 http://slcapex.com/forums/topic/SLR/2616 Thanks Kaffe. It's gonna take some effort getting SLR back to what it once was but I'm actually looking forward to the challenge. There are quite a few things that I've wanted to write about over the last year that it wouldn't have been proper for me to comment on as CapEx CEO.

I think Scott, Chan and Cash have the day-to-day CapEx stuff well in hand so the timing was right.

Take care,

Bo

in topic Moving forward... by Bogart Beck ]]> Sat, 04 Apr 2009 12:22:09 -0600 http://slcapex.com/forums/topic/SLR/2616/19237 http://slcapex.com/forums/topic/SLR/2616
The boards here have been very quiet and the other large challenge for SL Capex is to bring people back if possible who have been insulted, angry and fed up as well as to create new members.

Credibility and confidence is created not by what is said but by what is done.

Best wishes.

in topic Moving forward... by Kaffe McMahon ]]> Sat, 04 Apr 2009 10:14:25 -0600 http://slcapex.com/forums/topic/SLR/2616/19236 http://slcapex.com/forums/topic/SLR/2616 SL Reports.net - (SLR) - an Introductory Message from Bo - 04/03/2009

Friday, April 03, 2009 - " ...and we're back." For those of us that rely on GMail it's a frequently encountered postscript to some operational or technical mishap within Googles infrastructure. While usually short-lived, such inconveniences typically occur at the most inopportune times, whether that's in the middle of a chat session with a client or freind, or mid-sentence in message composition. This week I've received several messages from SL freinds and associates questioning the rationale for the reorganization of SL Reports.net (SL CapEx: SLR) and my appointment as its Chairman and Chief Executive particularly given the significant conditions attached to such appointment. From afar it might appear that SLCapEx.com has just encountered a substantial mis-step of its own.

"Bo... hundreds of people rely on CapEx and this announcement could not have come at a more critical time... have you people lost your minds?" Actually dear freinds, no - we believe honestly that this latest broad brushstroke is a timely and quite necessary event in our community's evolution. It's my hope that the context provided herein will put folks at ease and help readers here recognize the strategic importance of SL Reports.net to our community at large.

During my tenure as CEO of SL CapEx, (almost two years for those keeping score), most of us have relied on a handful of trusted sources for news and information regarding potential opportunities within the SL Finance Community. The majority of SL Investors have perhaps a precious few hours each week to explore and investigate the entrepreneurs and businesses that comprise our markets. Reliable and unbiased news reporting is a foundational cornerstone to any community, including SL. Over the last several months, as Scott, Chan, Cash and I talked about the challenges of CapEx, I found that a large percentage of our dialogue was centered around issues and observations that had less to do with CapEx itself than with the perception of our "industry" as a whole, its participants, our wild and wacky history and the whole host of characters that have been part of it.

Contrary to the belief of a few, operationally CapEx is in better shape now than it has ever been - its Balance Sheet is clean and debt free, its member companies and their executives are mostly stable and reliable, the codebase is secure and trustworthy and the leadership team clearly understands its role and responsibilities to both investors and the member companies it serves. Sure, CapEx could be more profitable (so could a lot of companies) and I take leave with a few loose ends still dangling - foremost the CapEx Policy re-write (which I've committed to helping finish as quickly as possible of my own accord).

In reality I'm not actually falling far from the tree - as a Board Member I will still make myself available to CapEx and its leadership for any strategic dialogue and technical things like merger backend processing, and, I will still participate in the IPO Application Review process as it has always been a BOD-level obligation. The biggest change from a CapEx standpoint is that my often outspoken opinions will not be the lightningrod focalpoint of CapEx's existance - that's probably a good thing in the long run.

For SL Reports.net, going forward my mission will be to return SLR to the respected prominence it once held within our community. Its objective shall be nothing less than to again be the single, authoritative source for news and views regarding all things SL Finance-related, and ONLY SL Finance-related.

A TALL ORDER INDEED - we'll not portend to be a social networking site, or a rag for fashionista's or some freindly coffee klatch human interest blog - there are plenty of others that do that quite well - it's just NOT OUR NICHE.

For SLR to re-earn the respect of its readers, the content must be compelling, focused and timely. Its NEWS must be diligent, investigative, objective and unbiased, and any Editorial or Opinion pieces must be presented in a balanced and professional manner. I make that commitment - not just to CapEx and its membership but to the entire Community including ACE, ISE, VSTEX and the SL private sector.

SL Business News - That's our job - plain and simple. News begets Readers. Readers begets Advertisers. Advertisers begets Revenue, Revenue begets Income. Income begets Profit. Profits begets Dividends - good ol' Capitalism at its finest.

Over the next few days I will put together a comprehensive Business Plan for SLR Shareholders including a revenue plan, a revised advertising rate sheet and a timeline for profitability. In the interim stay tuned HERE for NEWS and VIEWS. Send your tips and tidbits to bogart.beck@gmail.com

...and we're back!

Bogart Beck
SLR Chief

in topic Moving forward... by Bogart Beck ]]> Sat, 04 Apr 2009 00:20:43 -0600 http://slcapex.com/forums/topic/SLR/2616/19234 http://slcapex.com/forums/topic/SLR/2616
My commitment over the last months seems to not matter at all. As of now I'm quite sure that Bo will not keep me as the COO of SLR and will not reward me for any of the work done. I find this unfortunate for myself and believe it is the wrong way to approach this situation.

I hope that all of you that supported me will see that I did everything within my abilities to get SLR back running.

My business plan that I posted will be completed. Unfortunately for SLR investors, I will complete this privately. I guess I can thank Bo that I will not inherit SLR's debt, tho I honestly took it as a challenge to make up for the debt.

If SLR would like me to help in anyway, Bo, you can feel free to send me an offer which has concrete rewards for tasks achieved. I hope you all understand that I took my own time and devoted it to SLR with absolutely no reward forthcoming.

Best wishes to all SLR investors (including myself!) and I hope that the new administration will be able get SLR back to profit in a short period of time.

Peperi Franizzi
"Pep"



in topic Moving forward... by Peperi Franizzi ]]> Thu, 02 Apr 2009 14:29:29 -0600 http://slcapex.com/forums/topic/SLR/2616/19227 http://slcapex.com/forums/topic/SLR/2616
SLR needs a dedicated and committed leadership team to move forward. The site is completely capable of running a very successful business, and did so for several months on AVIX and CapEx. Then schedules got pushed tighter, and I think SLR has lost its mission.

I know Bo has time to spend in SL - he's demonstrated that. I also know Bo has the ability to run SL businesses - he's demonstrated that. He'll cross swords with...well...most everyone on occasion, but I view that as a positive in a media mogul. If the rest of a good team can be assembled, SLR can be moved forward and made profitable. Time will tell.

in topic Moving forward... by Guardian Market ]]> Wed, 01 Apr 2009 19:18:00 -0600 http://slcapex.com/forums/topic/SLR/2616/19224 http://slcapex.com/forums/topic/SLR/2616
I take it this is an April fools joke?

CB

in topic Moving forward... by Cayman Beaumont ]]> Wed, 01 Apr 2009 10:12:11 -0600 http://slcapex.com/forums/topic/SLR/2616/19220 http://slcapex.com/forums/topic/SLR/2616
From: Scott Nestler, Chairman, SL CapEx

To: All Interested parties,

In re; Moving forward...

For quite some time the BOD of SL CapEx (Bo, Chan, Cash and I) have been contemplating the state of our Union, our community, and our collective investments across the grid. As many here recognize the combined holdings of Bogart and myself are quite substantial and it's created an unlevel playing field in the marketplace with entirely too much authority concentrated in the hands of far too few.

Concurrent with that issue we find ourselves constantly wrestling with difficult issues regarding Exchange policy and enforcement, and the ongoing challenge of growing, reshaping and maturing as a community. Today we find ourselves at an interesting crossroad; it seems most of the SL Exchanges have settled in for the long haul and have found their own place, features and philosophies for operation. On SL CapEx, the majority of companies now take themselves seriously, and our member CEO's are diligent, responsive and cognizant of their Shareholder obligations. For the most part that credit belongs to Bogart Beck and Cash Yiyuan - I think most people here recognize the incredible effort and fortitude they have demonstrated during what can only be described as a time of unprecedented challenges.

As we move forward to the next chapter of our existence, I believe it is time to make some substantial changes to our organization, our policies and some of our investment strategies. I recognize that a few of these changes may be unpopular, somewhat controversial and perhaps may even appear arbitrary, nonetheless together I believe they are the right decisions, at the right time, for the right reasons. I have discussed them with my team individually and we each agree under the unique circumstances before us that they are proper, timely and necessary. I hope the majority of you will agree.

Effective April 01, 2009, I have asked Bogart Beck to assume the role of Chairman and CEO of SL Reports (CapEx: SLR). Since SL CapEx's inception SL Reports has been the single most authoritative voice for our community. SLR is the oldest surviving entity on SL CapEx and its mission and purpose must not be compromised. During his tenure as CEO of CapEx Bogart has demonstrated unequalled knowledge of our community, a unique, articulate (and sometimes obnoxious!) ability to get to the point and very strong opinions about most everything that's transpired in the SL Finance Community over the last two years. I can think of no better person to take the helm of SLR, however, to be an effective and unbiased News Source I've asked Bo to do several things;

1 - Effective April 01, 2009, Bogart Beck will resign his position as CEO and interim CFO of SL CapEx. Bo will REMAIN as an independent Boardmember of SL CapEx.

2 - Effective April 01, 2009, Bogart Beck will resign his Board of Director positions in Hi-Five (HIFI), Milos Designs (MLS), Nestler Investment Corp (NIC) and Virtual Payment Systems, Inc. (VPAY).

3 - Concurrent with the consolidation, the SL CapEx Investment Portfolios currently managed by Beck Investment Group will be moved to the SL CapEx ALT (CapExATM Aquila) and be managed by Chan, Cash or myself.

4 - I will begin recruiting for talent to help offset the loss of Bo immediately. In the interim, Cash, Chan and I will share joint responsibility for the day-to-day operations of SL CapEx. Interested? Drop me an Email ASAP!

5 - As compensation for his services to SLR, I am granting 1M unrestricted SLR shares to Bo as an individual, and am also returning 1.5M of the SLR shares held by VPAY to SLR's Treasury to give it a firm foundation.

6 - The remaining 1.83M shares of SLR held by VPAY will be retained longterm as a strategic investment. I have asked Cash Yiyuan to join me on the BOD of SLR to help provide Bo with strategic guidance going forward.

It should be painfully obvious that the principals of SL CapEx and VPAY have not taken this decision lightly, and, I am confident we've made the right decision in this matter on behalf of the entire community. As such, please join me and supporting Bo though this transition - it's a huge step forward for all of us!

Please contact me in world or by email (nestler.investments@gmail.com) if I you have any questions regarding this announcement.

Kind regards,

Scott Nestler,
Chairman, SL CapEx

in topic Moving forward... by Scott Nestler ]]> Tue, 31 Mar 2009 19:27:43 -0600 http://slcapex.com/forums/topic/SLR/2616/19219 http://slcapex.com/forums/topic/SLR/2614
nL

in topic SLR Going Forward by Nicolo Luminos ]]> Fri, 27 Mar 2009 09:27:24 -0600 http://slcapex.com/forums/topic/SLR/2614/19212 http://slcapex.com/forums/topic/SLR/2614
There was only two people with Admin rights during the handover - Myself and Arb - then admin right were past onto Latham.

The 60k that was handed to Latham was treasury stocks, which 50k of that was donated from my personal porfolio to help with operating costs. The shares have not been confiscated.



in topic SLR Going Forward by Cash Yiyuan ]]> Fri, 27 Mar 2009 07:07:40 -0600 http://slcapex.com/forums/topic/SLR/2614/19211 http://slcapex.com/forums/topic/SLR/2614
nL

in topic SLR Going Forward by Nicolo Luminos ]]> Fri, 27 Mar 2009 06:13:29 -0600 http://slcapex.com/forums/topic/SLR/2614/19210 http://slcapex.com/forums/topic/SLR/2614
Besides that was never a secret as Bogart, Cash, etc should have always been aware that I did that stuff when I could. I have been almost entirely indisposed as of late and have had RL duties to attend to. Sorry for the confusions, etc, on that part.

You have verified Latham's identity. Mine was never necessary to verify. I live in NYC and Latham lives in NE. Alabama.

I will continue to work with SLR in a smaller role or capacity as a journalist as my time permits. Comparatively, when I was doing both RL and SL reporting, my RL AC stories were getting 10x more traffic which is why I slowly transitioned to that and have as of late not bothered with SL reporting, as I have to devote time to what is going to earn me a living.

I have no hard feelings with anyone in SL, nor am I boycotting working as a reporter/editor out of some statement of contempt or whatnot. I let those who needed to know (I thought?) that I have picked up new work in RL that is taking a great deal of my time.

LL and I have been best friends for over a decade, business partners in various ventures, and I am under contract with PFM for my first book and as many more as I want to write. Again, this relationship has never been a secret. We tended to keep it more or less quiet so as to not blur the lines too awkwardly with SL and RL (since I preferred to let my RL reporting work not effect the perception of my SL personna since most of SL is pretty a-political and I am a political beat writer).

I support Peperi for CEO of SLR but I understand that obviously Arb (via VPay) and other major shareholders will have the say in the matter. I own 1 share of SLR so I don't think my vote can outvote the other 6,999,999 shares.

If Peperi wants me to work when the new site is done, migrated back to joomla, etc etc, he knows how to get in touch with me if he so chooses. Otherwise I have been and will be for the foreseable future focusing on RL reporting.

As for what funds were flushed down what tubes, SLR did not have any cash assets when LL took over, nor did we ever receive any (directly, altho what revenue we generated was used to pay down the cost of the Traffic Blaster that Cash purchased himself). I was under the impression that the shares of stock that LL recieved in Jan (60k roughly) was his monthly stipend that was promised but a seperate deal was made which has been discussed publicly during the VPay reorganization. So, as it appears, the 60K were "Treasury Shares" and to the best of my knowledge have been confiscated from LL's account. I have reviewed just now with quick skim reading the discussions per LL and Cash, Bo, etc as available in the PFM email account.

That is my understanding of the situation as it stands at this time. I will try and go into more detail reading the emails and maybe this forum in the next day or so---weekends are the slow news cycle in RL---as it had been my plan to try and get caught up with reporting in SL for SLR this weekend if I had time. I don't like the way posting updating on the new site can't be forward dated, so if I write 5 or 10 blogs during Saturday and Sunday they don't appear properly on the frontpage. Wordpress has it's challenges and peculiarities, as does blogspot, and joomla was the toughtest I've ever used even harder than php.

To imply I put some stupid virus or code on the old site is beyond ridiculous, as I had barely enough working knowledge of Joomla just to keep that site running. LL never once signed into it. There were a crapload of people with admin priviledges if my memory serves correctly, but it has been months and I might have been confused.

I'm not getting involved in any tit-for-tat. I believe I have sufficiently explained matters as best as I understand them.

nL

in topic SLR Going Forward by Nicolo Luminos ]]> Fri, 27 Mar 2009 06:05:43 -0600 http://slcapex.com/forums/topic/SLR/2614/19209 http://slcapex.com/forums/topic/SLR/2612
I don't know what it will do to the traffic-boosting package.

in topic Recent SLR History by Guardian Market ]]> Fri, 27 Mar 2009 03:51:42 -0600 http://slcapex.com/forums/topic/SLR/2612/19207 http://slcapex.com/forums/topic/SLR/2612
I would say that I have acquired a basic proficiency in Joomla web building and doing basic design changes to an existing website during the course of my self enforced self education of Joomla; although I would not maintain that I possess much of any skill in troubleshooting on Joomla, which I would consider a different field. Similarly, I also consider myself proficient in the operation of Windows, but am not proficient in troubleshooting my operating system.

While it was my idea to move towards a site with more user interactivity, I would say that it was the final decision of Latham as CEO which led to the migration to the new site style and the decision of SLR as a whole from my end, as well as Nicolo.

I don't believe that the Joomla site was "thrown away" but I do not know the fate of the Joomla site. Again, I never had administrative access to the site, so you would be best asking either Latham or Arb.

Peperi Franizzi
COO, SLR



in topic Recent SLR History by Peperi Franizzi ]]> Thu, 26 Mar 2009 23:07:28 -0600 http://slcapex.com/forums/topic/SLR/2612/19206 http://slcapex.com/forums/topic/SLR/2614
As such, I will continue to act as the COO of SLR until such time that my appointment is either "confirmed" or made void.

If you will read my post carefully Bo, you can see that I am not contractually obligating SLR to anything. I will be contractually obligating JavaQueen Int. to pay for such services as SLR can render. IF SLR is not able to render these services, then the contract will be considered NULL and VOID.

Your clarity of speech is not in question Bo, but simply your facts and reasoning.

Peperi Franizzi
COO, SLR

in topic SLR Going Forward by Peperi Franizzi ]]> Thu, 26 Mar 2009 21:16:05 -0600 http://slcapex.com/forums/topic/SLR/2614/19205 http://slcapex.com/forums/topic/SLR/2612
IF it was a VIRUS on the server it would have a simple scan.

Joomla software needed a security update.

Do you possess " skill, proficiency, knowledge, and capability " with Joomla? If you do why was the website thrown away? A lot of investors money was spent on this.



in topic Recent SLR History by Cash Yiyuan ]]> Thu, 26 Mar 2009 20:36:16 -0600 http://slcapex.com/forums/topic/SLR/2612/19204 http://slcapex.com/forums/topic/SLR/2614
If that bears out to be true then Mr. Lavengue/Luminos have acted in such a manner as to deceive both shareholders and the Exchange, and ANY appointment made by such parties would be considered NULL and VOID.

As such your appointment as COO is in question and requires further scrutiny. Again, until such time as this Exchange, the SLR BOD, and its shareholders ratifies your nomination as CEO we ask that you kindly refrain from attempting to contractually obligate SLR as you have NO clear authority to do so.

Have I made myself clear enough?

Bo


in topic SLR Going Forward by Bogart Beck ]]> Thu, 26 Mar 2009 20:35:00 -0600 http://slcapex.com/forums/topic/SLR/2614/19203 http://slcapex.com/forums/topic/SLR/2614
"...you have absolutely no authority to enter into a contractual obligation with Java Queen on behalf of SLR."

I would like to know why I do not have the authority to enter into such an obligation. I have been tasked as the COO with generating new advertising revenue, and that is exactly what I am doing.

"As CEO of SLR, parent company of SLReports.net, Second Life's Premier Financial News Source, I am pleased to announce the appointment of Peperi Franizi as Chief Operations Officer. As COO Mr. Franizi will be tasked with rejuvenating and expanding our Advertising Sales....

For his efforts, Mr. Franizi will be compensated 20% of revenue he generates."

Peperi Franizzi
COO, SLR

in topic SLR Going Forward by Peperi Franizzi ]]> Thu, 26 Mar 2009 20:01:06 -0600 http://slcapex.com/forums/topic/SLR/2614/19202 http://slcapex.com/forums/topic/SLR/2614 REPRINT of INWORLD dialogue - 03/26/2009 - 8:45PM SLT

-- Instant message logging enabled --

[19:46] Peperi Franizzi: To order to allow for the greatest amount of shareholders to participate in the discussion on SLR's future, I have posted my full business plan at the exchange. Please comment on this plan and let me know if you support this operation moving forward. Pep

[19:48] Bogart Beck: I will Respond appropriately Pep. A quick point of Order however; at this time you have absolutely no authority to enter into a contractual obligation with Java Queen on behalf of SLR. Until such time as you have been affirmed or declined as CEO I'd strongly suggest that you refrain from making such assertions.

in topic SLR Going Forward by Bogart Beck ]]> Thu, 26 Mar 2009 19:56:44 -0600 http://slcapex.com/forums/topic/SLR/2614/19201 http://slcapex.com/forums/topic/SLR/2608
This seemed the most reasonable way to accomodate all investors. Please respond with your opinions and feelings on the posts, Recent SLR History, SLR Now, and SLR Moving Forward. SLR Moving forward is the business plan.

These posts are, again, a replacement for the shareholder meeting. I wanted to accomodate the greatest number of investors and encourage debate on these issues and this seemed the best way.

Peperi Franizzi
COO, SLR

in topic SLR Shareholder Meeting by Peperi Franizzi ]]> Thu, 26 Mar 2009 19:11:13 -0600 http://slcapex.com/forums/topic/SLR/2608/19200 http://slcapex.com/forums/topic/SLR/2613
I don't think we need to worry about that Cash. So far its been 10 days and so far as investors can see, nothing has happened in the process.

"Competition is a key to success..."

And so I await who you would rather see as CEO. I already understand that you would rather not see me in the position, but I'd suggest getting your white horse soon or investors will get tired of the current "stall."

I await any type of discussion, debate, or ideas. So far, I have only seen support and opposition and more of the former than the latter.

Peperi Franizzi
COO, SLR

in topic SLR Now by Peperi Franizzi ]]> Thu, 26 Mar 2009 18:20:07 -0600 http://slcapex.com/forums/topic/SLR/2613/19199 http://slcapex.com/forums/topic/SLR/2612
Close cousins of the word expertise are the words skill, proficiency, knowledge, and capability. If you put in any of these synonyms in place of expertise, you find a very different meaning to Latham's post.

As an aside, you said that you spent your time fixing this problem. If, as you said, it would have taken a "simple scan" then why did it take much of your time at all?

Peperi Franizzi
COO, SLR

in topic Recent SLR History by Peperi Franizzi ]]> Thu, 26 Mar 2009 18:12:45 -0600 http://slcapex.com/forums/topic/SLR/2612/19198 http://slcapex.com/forums/topic/SLR/2613 Edited by author Jan 21st, 21:54
This is my current plan of action and what I am currently doing to move forward with this plan. I will keep you updated as to my progress in each one of these areas.

1) Setup advertising system to benefit both SLR and advertisers.

2) Consolidate all advertising and links currently on SLR to core base of paying advertisers. Link and ad exchanges also to be reviewed for viability; kept if deemed beneficial.

3) Retrofit site for SEO compatibility, expanding our presence in RL search engines.

4) Create the ability for users to more fully interact with the site (user created content)

5) Work to keep current user base, expand user base.


Current Progress

1) I am continuing to up my knowledge of Joomla. As soon as I have a full grasp on Joomla, I will have access to change all of the advertising programs that we currently have. Again, the goal is to benefit both SLR and the advertisers.

2) Currently there is no maximum amount of advertisers on SLR, or if so, it is not publically known. There will be a limited amount of spots available to advertise on SLR, and that will create added value to advertisers as they will know how much consistent exposure they will recieve. Full knowledge of Joomla necessary to complete this task.

3) Again, I must have a full working knowledge of Joomla before I "mess" with the site. The possibility of destroying the work already put in is too great, full knowledge of Joomla is a prerequisite to change our SEO.

4) By allowing user created content, we accomplish multiple goals. Sites that allow for user created content usually have much higher rates of return and time on site. They also regularly get word of mouth advertising when users invite friends to look at their content. Of course this also expands our ability to have large amounts of new material; but it will also help with the completion of the next step.

5) I have begun talks with a company that has a large base of users, many of which create their own content. I am seeking to setup a business alliance between us that will benefit both parties. As this seems to be a fantastic opportunity for SLR to expand its user base, to be fully effective we must complete the previous step to maximize our "recruiting" efforts. I will disclose the name of this SL company as soon as I am able to ask permission to disclose this. Look for it soon :)


I hope that this plan of action not only gives you increased knowledge of my ideas, but also allows for transparency in my progress on these ideas. As I said, I will update this regularly with the facts on how quickly I am progressing on each one of these items.

So far the biggest road block seems to be knowledge of Joomla, and that is what I am focusing most of my time on.

All comments are greatly appreciated!!

Peperi Franizzi
"Pep"
COO, SLR


This has been posted for some time now. While it did not lay out EXACTLY what SLR was going to do...I haven't seen a posting by a CEO or COO that has ever posted EXACTLY what the company will do. Updates should be topical, and by not posting about a possibility for tommorow, it allows the CEO to post tommorow about a certainty for that day.

Peperi Franizzi

in topic SLR Now by Peperi Franizzi ]]> Thu, 26 Mar 2009 18:06:30 -0600 http://slcapex.com/forums/topic/SLR/2613/19197 http://slcapex.com/forums/topic/SLR/2614
Peperi Franizzi
COO, SLR

in topic SLR Going Forward by Peperi Franizzi ]]> Thu, 26 Mar 2009 18:01:52 -0600 http://slcapex.com/forums/topic/SLR/2614/19196 http://slcapex.com/forums/topic/SLR/2613
Electing a CEO should not be a thing that is done in haste. Competion is a key to success, so we are looking at anyone who can bring something to the table.

Discussion, debate and ideas are all part of the process in electing suitable CEO - something that should not be rushed, nor should anything be overlooked.

in topic SLR Now by Cash Yiyuan ]]> Thu, 26 Mar 2009 17:38:51 -0600 http://slcapex.com/forums/topic/SLR/2613/19195 http://slcapex.com/forums/topic/SLR/2614
in topic SLR Going Forward by Cash Yiyuan ]]> Thu, 26 Mar 2009 17:33:40 -0600 http://slcapex.com/forums/topic/SLR/2614/19194 http://slcapex.com/forums/topic/SLR/2612
Does this quote shed any light? These were not my words.

Also, as his expertise with Joomla expands, Mr. Franizi will also be Optimizing the SLR website for Search Engines (SEO).”




The platform needed an upgrade, with no upgrade, comments allowed links such as redirects. To my knowledge the server had no viruses, if this was the case a simple scan would have removed it.

in topic Recent SLR History by Cash Yiyuan ]]> Thu, 26 Mar 2009 17:30:55 -0600 http://slcapex.com/forums/topic/SLR/2612/19193 http://slcapex.com/forums/topic/SLR/2612
I hope for your sake that you are not stating that those with admin rights were responsible for the "virus." If so, then you are taking issue with Latham and Nicolo, not myself. I was never given admin rights to any SLR site, except for a small period when I had access to the SLR Beta site before our web designer upgraded the site and did not include me in the admin list at the time.

Also, I am wondering who the Joomla expert was? I stated numerous times that I would attempt to learn as much as possible about Joomla so that I could help SLR. No one seemed to take issue with this at the time; actually, everyone seemed much obliged that I would do this. If we had a Joomla expert available...then why was my help needed?

Peperi Franizzi
COO, SLR

in topic Recent SLR History by Peperi Franizzi ]]> Thu, 26 Mar 2009 16:56:47 -0600 http://slcapex.com/forums/topic/SLR/2612/19192 http://slcapex.com/forums/topic/SLR/2612
The so called Virus, was not a virus, but an error with comment posting that would have been resolved with a simple update. As I was referring to the Joomba expert, who could have fixed this. Update was free.

in topic Recent SLR History by Cash Yiyuan ]]> Thu, 26 Mar 2009 16:41:22 -0600 http://slcapex.com/forums/topic/SLR/2612/19191 http://slcapex.com/forums/topic/SLR/2612
I will allow investors to draw their own conclusions from your post, but will respond to your question.

Both Latham and myself contacted FirstMeta about potential advertising on the SLR site. I have attempted to setup an in-world meeting with them.

While I appreciate your concern about SLR's reporting to its investors, I wonder why you would bring it up. So far, my reporting on SLR activities has gone far and above what I have seen is the norm for CEO's and COO's. The fact that I did not directly report that FirstMeta was potentially interested in advertising merely reflects my feeling that posting information about a potential deal without asking the potential client first can sour a deal. I'm sorry if you disagree.

I don't understand what facts you have that makes you "very disappointed with how things have turned out and state for the record that at this point in time I have seen very little that gives me faith in the current SLR team." Feel free to expand on this and I will respond directly.

As things continue, opposition to my nomination as CEO seem more and more personal and less business related. Facts, not emotions, should direct the movement of this issue and I will continue to lean on facts as my foundation of truth.

Peperi Franizzi
COO, SLR
"Major Shareholder"

in topic Recent SLR History by Peperi Franizzi ]]> Thu, 26 Mar 2009 16:37:01 -0600 http://slcapex.com/forums/topic/SLR/2612/19190 http://slcapex.com/forums/topic/SLR/2612
Thank you for your post! I appreciate this addition of information as I had almost forgotten (maybe I wanted to...) the heartache and work that came from the SLR site being hacked.

Peperi Franizzi
COO, SLR

in topic Recent SLR History by Peperi Franizzi ]]> Thu, 26 Mar 2009 16:29:18 -0600 http://slcapex.com/forums/topic/SLR/2612/19189 http://slcapex.com/forums/topic/SLR/2614

Step 1: Full Launch

Steps Needed To Complete:
Domain to be set to new server.

Current Blockade to Completion:
Arb has informed me that he will wait until a new CEO is in place before changing the domains to the new server.

Financial Implications:

Liabilities Created:

- None
- Hosting is provided by JavaQueen Int.
- Web design is provided by JavaQueen Int.
- Online Ad system is provided by JavaQueen Int.

Revenue:

Here is the pricing schedule that I am going to present to JavaQueen Int. this Saturday. They have agreed to this in principle, and will now be agreeing to it contractually.

Upto 500 Members - L$2500/month/position
Upto 1000 Members - L$5000/month/position
Over 1000 Members - L$10,000/month/position

JavaQueen has stated that they may be interested in more than one position. As well, I am going to attempt to get a contract for 6 months or more of advertising for one position. As such, they give us a fantastic start to our revenue. On Saturday, you will be able to definitively know SLR's main revenue for the first 6 months.

Also, this may not be the "top end" of paying for membership. While they cannot be sure of the efficacy of the advertising until they actually begin, they may be willing to a consistent increase in costs if the membership base follows.

These ads will not be traditional "html" ads. I and JavaQueen are currently working on the ad style and this will be completed soon. As my goal was to go Full Launch by April 1, it will not stretch me thin to say that this system can be completed by April 10. That is of course assuming that the Full Launch of the site has been completed so that minor design issues can be solved as well.

The membership goals above can be easily met through a combination of advertising and "ethical bribes" to guarantee signups. Even at the high price of L$20 per signup, SLR can acheive profitablility from this program in a few short weeks.

For anyone not familiar with my idea for the social network, the basic idea is one of a SBA (Small Business Association.) SBA's are well funded organizations that are very popular in RL to help all the businesses involved. Whether you are looking for a new vendor, comparing your current vendors, looking for new talent, or even for new investors, SBAs allow people to get together in a "non-threatening" environment. Since everyone is there to network, more networking can actually occur.

One key feature (for investors) to most SBAs...they are well funded. The community that they bring are monied people, and whether it is companies wanting to advertise to these people, or the community itself, SBA's generally do not have a difficult time with revenue.

During this time, SEO will also be brought "up to snuff" which will begin to expand viewership.

Step 2: Get Back To News

Steps Needed to Complete:
Full Launch, Membership Drive

Current Blockades:
Full Launch

Financial Implications:

Liabilities Created:

- Journalists will be expensive to retain, but will provide for more revenue.

Renenvue Created:

- Journalists will allow for income streams such as paying for a PR article.
- The quality content will drive more viewship, which drives advertising ("Classic" News Model).

SLR is currently in a catch-22. SLR needs journalists to create advertising revenue, but we need advertisers to be able to pay for journalists. Step 1 bypasses this catch-22, and will allow us to get back to the business of being a news agency.

The goal during this stage is not to move away from the lines of revenue that we currently have, but to increase and diversify them.

I do not believe that the "classic" news agency model works in the 21st century. Take a look at all the papers closing across the country, and you can see why I take that view. But, I do believe that this model can play an important part of the whole picture.

Step 3: The "Marketplace"

Steps Needed To Complete:
Steps 1, 2; Creation of the Marketplace

Blockages:
Full Launch

Financial Implications:

Liabilities Created:
- None

Revenue Created:
- Minimal amounts from either advertising on the marketplace, or nominal amount to post on the marketplace.

As Nicolo had invisioned, I believe that a marketplace for all users to post their "wares" is important to the long term usability of the site.

I do not believe that this will be highly profitable, but will be highly useful for our members and viewers.

As this is a longer term project for SLR, I have only begun to pull together the peices for this feature. As previous steps are completed, more time and effort will be expended towards this goal.

Step 4: Continued Operations

Steps Needed To Complete:
Steps 1, 2, 3

Blockages:
Full Launch

Financial Implications:

Liabilities Created:
- No Continued Liabilities
- Potential, Small, One Time Liabilities for new features.

Revenue Created:
- Minimal amounts from minor profitability changes and new features.


At this point we will be making minor changes to the site for usability and for profitability.

Any new ideas that are created will be tested on a "trial" basis, with a relatively small amount of time and resources devoted to these ideas. We will focus our time and efforts on projects that have proven to be profitable and usuable.


Although I have never been asked, this is where I find myself. I have an advertiser that is willing to completely create a website for me, host it, and then pay advertising costs.

This deal has not been created with SLR, but with myself. I am more than willing to use my business contacts for the benefit of all SLR investors, as I feel indebted to SLR. I came up with my current business plan and was able to connect with JavaQueen Int because of SLR.

But...I find the feeling of debt flagging day by day. As the nomination for CEO has stalled out, so has any hopes of SLR moving forward. All I am waiting for is the domain to be changed the new server, and then SLR is up and running.

The feeling I get more and more of? Why not take this private? All I am doing is getting myself into L$8,000,000 of investor debt with (as far as I'm concerned) next to 0 assets.

Now that I have posted what I consider to be a solid overview of my business plan, the ball is in the shareholders court. Any other nominee should be expected to live up to this standard and write his/her own business plan. If someone else has a more concrete plan, then I will be happy to vote for you as CEO.

Peperi Franizzi
COO, SLR

P.S. Unfortunately I have been told that this posting for all SLR investors is at best "anecdotal." I have been informed that I will have to create this information in a format acceptable to SL Capex; although I have been given no format guidelines. Round and round we go...

in topic SLR Going Forward by Peperi Franizzi ]]> Thu, 26 Mar 2009 16:26:15 -0600 http://slcapex.com/forums/topic/SLR/2614/19188 http://slcapex.com/forums/topic/SLR/2612
You have to recognize as part of the history (if that is what we are doing here but I'm not sure since it seems the response is some kind of CYA), that the original and highly branded site had been compromised with a virus of some sort and in fact, infected some user's machines that visited the site looking for updates.


in topic Recent SLR History by Hamncheese Omlet ]]> Thu, 26 Mar 2009 16:09:29 -0600 http://slcapex.com/forums/topic/SLR/2612/19187 http://slcapex.com/forums/topic/SLR/2612
The SLR site which had been designed in the time of Xavier Mohr, SLR founder, which was Joomla based was basically thrown away and taken to a blog based website. Quote -" 2 days later, I was appointed by Latham as the COO of SLR with the intention of “rejuvenating and expanding our Advertising Sales. Also, as his expertise with Joomla expands, Mr. Franizi will also be Optimizing the SLR website for Search Engines (SEO).”
Expertise would have installed a simple update to the software without disruption of ranking and traffic.

Traffic was at an all time high for SLR - with $250 USD coming out of my own pocket with professional ranking.

Domain names were not forwarded to the new website, until I myself requested this ( I am not SLR management or team member). Forward thinking would have ensure this was done as the beta site was launched. There was no indication of the beta site on the Joomla site - this was only done again by my own doing, when I took the site offline with a message stating there was a new site.

As I have stated in previous posts, the date for takeover was december the first. It was written in Australian date format.

History shows that with the new management team SLR was halted twice. Once for absence of CEO and investigation. Second time was for financials.

Inworld advertising / presence was handed over to Pep - yet it was used for mostly free advertising with no land based keywords referring to SLR - therefore no SL presence.

SLR stories as a majority now have little to do with SL finance - more with coffee or propaganda. Some reprints are financial related - but reprints do not generate readers for SLR, nor revenue.

SLR steadly traded around or above .50 for around 12 mths. After take over it traded just above .20 - this was a huge loss for loyal long term investors.

Content was the previous issue and I was assured that 2 new reporters that I had chosen would do the job, which they did, but not for long as they could not come to an agreement with the new CEO. I personally donated 50,000 shares @ around .50 each to have some funds for treasury for the new CEO.

Stories relating to SL also have also been forwarded to SLR management byself in this time.

I am very disappointed with how things have turned out and state for the record that at this point in time I have seen very little that gives me faith in current SLR team.

I would also like to know what happened to a concrete lead I forwarded to SLR management - First Meta, one of SLR's biggest advertising incomes wish to discuss another opportunity - was this followed up? If so it was not reported to investors..

Regards,
Cash Yiyuan
Major SLR shareholder and former CEO.


in topic Recent SLR History by Cash Yiyuan ]]> Thu, 26 Mar 2009 15:35:11 -0600 http://slcapex.com/forums/topic/SLR/2612/19186 http://slcapex.com/forums/topic/SLR/2613
On that date, Guardian Market decided that he would step down as CFO. This set the stage for the month we are in now. As CFO, his duties were to post financials every month, and as far as I can tell, he did so unfailingly.
When he resigned, that left Latham to fill that role.

When Cash (rightly) halted SLR for "Financial Noncompliance" Latham decided it was time to step down as CEO. He very plainly saw that he would not be able to fill the role of CEO as he did not have enough time to commit to the endeavor.

In a very righteous move on his part, he decided that he would personally pay for the fine incurred by financial noncompliance. So far as I can tell, there was no reason for him to do this, and there was no cohersion by SLR staff to do so. Latham took it upon himself, and I greatly respect him for it.

He also nominated me as his replacement as CEO during his resignation. I believe he saw that much of the progress made over the last weeks was because of my influence in the company. His exact reasoning is only known by him, but here is his public post.

"I would suggest Peperi Franizi to take over as the new CEO, but I have not yet heard from him regarding his interest in the position."

In a familiar twist of events, this is where things begin to get fuzzy. I stated numerous times that I was available for any actions that needed to be completed prior to a vote on my nomination as CEO. NO RESPONSE

Stated that I was more than willing to disclose my RL information, as is required of a CEO on the exchange. NO RESPONSE

While my understanding of the situation was that I would assume both Latham's responsibilities and his recompense for those responsiblities, so far all I have heard is that Latham may be required to FORFEIT options associated with his position as CEO. In So far as I know, I will have no recompense as CEO, which is of course unacceptable.

When I tried to privately contact the exchange officers to get the "ball rolling," I was told to be patient as some RL issues needed to be figured out.

Well...days turned into weeks...and now here I am. I have no further information than the few days after Latham stepped down.

Thru the SLR Conference Room I have been able to see that some SLR investors are willing to publically show their lack of trust in my leadership for SLR, altho I can't understand why.

Without anyone else stepping up to become the CEO of SLR, I consider myself SLR's last chance. If someone were to step up, I am sure that myself and all investors would like to see their plan and how concrete that plan is.

So...to satisfy my own request...the next post will be on my exact business plan for SLR. This will include all possible information and will define when something is planned or is in place.

As we have all seen on the exchange, a plan is nothing near a completed project. I will do my best to give you exacting information on how close an idea is to completion.

Peperi Franizzi
COO, SLR


in topic SLR Now by Peperi Franizzi ]]> Thu, 26 Mar 2009 15:15:26 -0600 http://slcapex.com/forums/topic/SLR/2613/19185 http://slcapex.com/forums/topic/SLR/2612

I believe that a good date to start SLR “recent history” would be October 27, 2008; when Cash posted that SLR was looking for a new CEO.

In the lead up to this announcement, SLR’s ad revenue fairly consistently dropped. While Cash had attempted to reinvigorate the advertising with a new payment scheme, it did not seem to work. Also in the lead up to this, SLR continued to pay for talent as well as administrative costs.

By the end of the year, SLR had brought in revenue of almost L$180,000; but had paid L$99,000 for journalists, L$74,000 for “Administrative” Costs, and L$8,500 paying for Hosting. Just by looking at these totals alone, you can see that a worthwhile dividend is impossible without going into the red.

But, in the end, one dividend was posted during the year totaling L$80,000. This destroyed any forward progress made during the year and SLR ended up underwater at the end of the year. Cash reserves going into 2009 totaled approximately L$18,000.

During this period, Latham was chosen to become the new CEO of SLR.

Posts on SLR forum show that Latham was to “take over operations” on 1.12.09. While I cannot be sure of this date, I will use it for what it’s worth.

Assuming this date to be true, when Cash posted the need for an individual experienced in Joomla (January 17, 2009) Latham was in control of the company. It is at this time that I began to publically post my intentions to help SLR in its reorganization. I stated that I was not proficient in Joomla, but would attempt to learn as much as possible so that I would be able to help. If I remember correctly, I was in talks with Nicolo prior to January 17 about his role in SLR and how I may be able to help in the reorganization.

It is this early that we begin to see that Latham does not have the time to be able to fulfill his commitments. Again, assuming he took over 1.12.09, it was only 4 days later on 1.16 that SLR was halted for investigation of absent CEO.

During this time, I made myself available for any actions that may need to be completed for SLR to continue to trade in a normal manner. I also made it clear that I was not trying to “take over” SLR, but was concerned for the company and was willing to help as necessary.

“Hopefully Latham was just absent for a couple days and will be back at the helm soon!”

2 days later, I was appointed by Latham as the COO of SLR with the intention of “rejuvenating and expanding our Advertising Sales. Also, as his expertise with Joomla expands, Mr. Franizi will also be Optimizing the SLR website for Search Engines (SEO).”

3 days after my appointment, I posted my “Plan of Action.” This stated the direction that SLR would take moving forward, and mostly centered around reinvigorating the SLR site in a way that the users would be able to “feel apart” of the site and add to the community.

It is at this time that SLR begins to pick up steam. Thru our new business plan and initiatives, we put up a Beta version of the new SLR. This progress I would attribute to Nicolo, Latham, and our web designer; although since the idea of a social network that allowed user interactivity was mine, I will attribute that portion to myself.

After the Beta site was setup, I was able to bring one of my oldest RL connections to SLR. JavaQueen International is one of my strongest business connections, and so I simply showed JavaQueen SLR as a friend showing another friend current projects. To my surprise, JavaQueen was entranced with advertising on this medium. JavaQueen Int. only advertises online, so direct marketing in SL didn’t seem to work for them, but advertising online to SL people was right up their alley. They had been looking for new groups to market to, and SLR piqued their interest.

This is where things begin to get fuzzy. I continually had a hard time setting up both the in-world and online portion of SLR. Miscommunication, lack of communication, and other issues plagued the process. JavaQueen continually “bugged” me to get ads up on SLR to move forward with that portion.

After pushing thru all problems, this is where I found myself.

- Account setup on server for SLR: Waiting for domain to be changed to new server. This will be provided at no cost (eliminating at least L$8,500 in costs per year)
- Advertising Ready: HTML simply needs to be added to site and ads will be in place. As soon as ads are in place, JavaQueen is ready and willing to pay for its ads.
- Web Designer Waiting: JavaQueen offered their services for free to get SLR up so that they could get to the business of advertising.

Of course, this is not completely in time lapse. By the time that SLR was completely ready to move forward, Latham had already decided to step down.

More information on Latham’s step down in the next post.

Peperi Franizzi
“Pep”
COO, SLR



in topic Recent SLR History by Peperi Franizzi ]]> Thu, 26 Mar 2009 13:09:24 -0600 http://slcapex.com/forums/topic/SLR/2612/19183 http://slcapex.com/forums/topic/SLR/2610
I will attempt to divide this into 3 sections.

Recent SLR History will contain the months and events leading up to my appointment as COO of SLR.

SLR Now will discuss the most recent drama of the events leading to Latham's stepdown and the events created thereby.

SLR Going Forward will be a "new prospectus" for SLR and will define my business plan fully. It will also include all progress made towards this business plan.

This will be completely finished by Thursday at 5:00PM.

This will allow for a fair way to compare CEO nominees (if such a desire exists). Any other nominee will obviously need to prepare such a discourse, and then the shareholders will be allowed to decide which plan satisfies both short and long term investor concerns.

Peperi Franizzi
COO, SLR

in topic Recent SLR Events by Peperi Franizzi ]]> Wed, 25 Mar 2009 16:31:53 -0600 http://slcapex.com/forums/topic/SLR/2610/19181 http://slcapex.com/forums/topic/SLR/2608
Thursday would be the best time for me. Any later would not really work out for me. Not like I own as many shares as others, but I could still be a help. Do what is best.

-Chanston Xaris

in topic SLR Shareholder Meeting by Chanston Xaris ]]> Tue, 24 Mar 2009 17:02:04 -0600 http://slcapex.com/forums/topic/SLR/2608/19179 http://slcapex.com/forums/topic/SLR/2608
Gravel Homewood


in topic SLR Shareholder Meeting by Gravel Homewood ]]> Tue, 24 Mar 2009 14:12:28 -0600 http://slcapex.com/forums/topic/SLR/2608/19176 http://slcapex.com/forums/topic/SLR/2608
Please state three times you will be available on Thursday, Friday, or Saturday, and I will do my best to accomodate the greatest number of shareholders.

Since I have participated in a shareholder vote in other companies, I would like to know the details of voting rules. Do all shareholders need to be present for voting to occur? How many shareholders need to vote for a vote to be binding? blah blah...

The reality of this situation is that I decided to put a fire under everyone's a** so that SLR could finally get back to the business of doing business. I'm tired of waiting, and so I'm not going to wait any longer.

SLR needs to be actively managed, and can become profitable if it is. Without management, I might as well throw away my 250k + shares right now.

I am willing to take the helm, and have shown that with the progress I have made lately. So far, I have created the environment for SLR to operate with liabilities close to 0, which is a great way to start any business. If you are unsure of my exact direction with SLR, come to the shareholder meeting.

It's time to get on board the train, or to get off and let the rest of us get down to business.

Peperi Franizzi
COO, SLR



in topic SLR Shareholder Meeting by Peperi Franizzi ]]> Tue, 24 Mar 2009 13:07:47 -0600 http://slcapex.com/forums/topic/SLR/2608/19174