http://slcapex.com/forums/browse/SLCX en-us Mon, 01 Dec 2008 14:05:31 -0800 Mon, 01 Dec 2008 14:05:31 -0800 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/SLCX/2382
I don't think that there needs to be the ability to buy and sell thru this display, just the ability to be alerted when your stocks have moved to your sell or buy point, or the bid has raised which might allow you to sell some positions.

Comments on this are much appreciated.

in topic SL CapEx Ticker (Desktop & With-in Existing Site) by Peperi Franizzi ]]> Thu, 13 Nov 2008 19:08:31 -0800 http://slcapex.com/forums/topic/SLCX/2382/17321 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Wed, 05 Nov 2008 16:59:26 -0800 http://slcapex.com/forums/topic/SLCX/439/17196 http://slcapex.com/forums/topic/SLCX/2316
in topic Transition Completion by Mateo Infinity ]]> Thu, 23 Oct 2008 13:05:45 -0700 http://slcapex.com/forums/topic/SLCX/2316/16862 http://slcapex.com/forums/topic/SLCX/2316
All should be done by January 2008

Everything being equal ;)

-Scott

in topic Transition Completion by Scott Nestler ]]> Tue, 21 Oct 2008 09:23:11 -0700 http://slcapex.com/forums/topic/SLCX/2316/16811 http://slcapex.com/forums/topic/SLCX/2316
Thank-you in advance,

Mateo Infinity


in topic Transition Completion by Mateo Infinity ]]> Tue, 21 Oct 2008 00:45:52 -0700 http://slcapex.com/forums/topic/SLCX/2316/16803 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Fri, 10 Oct 2008 20:09:14 -0700 http://slcapex.com/forums/topic/SLCX/439/16661 http://slcapex.com/forums/topic/SLCX/2226
I intend on excercising ALL of my rights ;)

I currently own 18.5% of SLCX and my SLW portfolio is increasing.

Both stocks are rebounding and NIC is next on my hit list

-Scott

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Scott Nestler ]]> Fri, 03 Oct 2008 18:49:43 -0700 http://slcapex.com/forums/topic/SLCX/2226/16540 http://slcapex.com/forums/topic/SLCX/2226
Voting CONTROL of SL CapEx (frankly 65% of the outstanding shares) is now held by three persons - Myself, Scott and Chango Kanto (our programmer and COO). Chan and I are already Board Members of SLCX and are expecting to continue in our current capacities.

We are likely to nominate (2) additional persons to serve on the Board - at least one of which is required to be an Outside-Independent Director having no operational responsibilities for CapEx. The search/selection process for thos candidates is underway - a Shareholder meeting will be convened soon to ratify those persons nominated.

Scott's "Options" contemplate transfer of 4M of the shares that Chan controls directly to Scott at a fixed price...

the "warrants" give Scott the RIGHT to BUY-BACK at a fixed price the 2M shares of NIC he tendered to Arb in Exchange for Arb's SLCX Shares.

There are a few strings attached which are customary with any Purchase-Security Agreement but none of us anticipate the need to exercise any of those contingencies.

Clear as mud I'm sure ;-)

Bo

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Bogart Beck ]]> Fri, 03 Oct 2008 14:45:18 -0700 http://slcapex.com/forums/topic/SLCX/2226/16536 http://slcapex.com/forums/topic/SLCX/2226
So what was all the hype about? If I read correctly what you just said, i see that the deal that was to be finalized by end of september, will not, in fact, be completed before many months, _IF_ "Scott exercises 100% of the options and redemption warrants"?

So nothing has changed?

One thing that bugs me, really bugs me, is that the Exchange was to change hands (we're not sure anymore), and no one commented on it. Did everyone miss the announcement, or have they all lost so much confidence that they don't care about it?

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Yanik Lytton ]]> Fri, 03 Oct 2008 12:19:29 -0700 http://slcapex.com/forums/topic/SLCX/2226/16534 http://slcapex.com/forums/topic/SLCX/2226 There is a Term-Purchase component to this deal BEYOND the direct stock swap (which includes a redemption warrant and an option to purchase additional shares at a fixed price). That portion of the acquisition will occur ad-hoc over the next several months. At the end of the option period (assuming that Scott exercises 100% of the options and redemption warrants) our ownership will actually approach closer to 60% of the issued and authorized shares.

Hope that helps.

Bo

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Bogart Beck ]]> Fri, 03 Oct 2008 11:24:25 -0700 http://slcapex.com/forums/topic/SLCX/2226/16533 http://slcapex.com/forums/topic/SLCX/2226
I have a question though. Quoted from above:

"At the completion of a transaction that includes both a direct Stock Swap component and a considerable Cash contribution, Nestler and Beck will control approximately 55% of the authorized and issued shares of SLCX."

Why I count Beck=28% + Nestler=18,3% for a total of 46,3% ?


in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Yanik Lytton ]]> Fri, 03 Oct 2008 07:19:18 -0700 http://slcapex.com/forums/topic/SLCX/2226/16527 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Wed, 10 Sep 2008 18:25:54 -0700 http://slcapex.com/forums/topic/SLCX/439/16207 http://slcapex.com/forums/topic/SLCX/2226


in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Konner McDonnell ]]> Sat, 06 Sep 2008 06:41:33 -0700 http://slcapex.com/forums/topic/SLCX/2226/16169 http://slcapex.com/forums/topic/SLCX/2226
Thanks for the quick response.


in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Arnaud Villota ]]> Thu, 04 Sep 2008 17:33:42 -0700 http://slcapex.com/forums/topic/SLCX/2226/16142 http://slcapex.com/forums/topic/SLCX/2226
(1) The purchase INCLUDES the ATM network. SLW will have its own ATM infrastructure.

(2) The withdrawal limits are a matter of FRAUD PREVENTION and were implemented to limit our exposure to ATM abuses and Credit Card Fraud.

ALL CASH FUNDS held in SL CapEX Accts are 100% $L-backed (and have been since the SLW conversion). Withdrawals will continue to be limited to L$50,000 per 24 hours per avatar.

Does that answer your question?

Bo

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Bogart Beck ]]> Thu, 04 Sep 2008 17:24:16 -0700 http://slcapex.com/forums/topic/SLCX/2226/16141 http://slcapex.com/forums/topic/SLCX/2226
First of all congratulations to all parties. I applaud this as a positive move.

I have two questions,

1) Does this mean that SLCAPEX will now have it's own exclusive ATM network or will it still be tied into the old JTF (SLW?) network.

2) Does this also mean that there will no longer be withdraw limits on SLCAPEX funds, since theoretically all funds should be backed 100% since there is no place to invest stock exchange funds any longer? I understood the limits before since SLW was semi-tied to SLW because Arb still controlled both, but now....


Thanks and good luck.

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Arnaud Villota ]]> Thu, 04 Sep 2008 15:24:30 -0700 http://slcapex.com/forums/topic/SLCX/2226/16140 http://slcapex.com/forums/topic/SLCX/2226 Thursday, September 04, 2008

Beck / Nestler Partnership to acquire SL Capital Exchange (SLCX) controlling interest.
====================================================

The partnership of Scott Nestler and Bogart Beck announced today a tentative Agreement to acquire a majority shareholder interest in the SL Capital Exchange (CapEx: SLCX) in a private transaction between themselves, Arbitrage Wise and Chango Kanto.

At the completion of a transaction that includes both a direct Stock Swap component and a considerable Cash contribution, Nestler and Beck will control approximately 55% of the authorized and issued shares of SLCX. As consideration, Arbitrage Wise and Chango Kanto on behalf of SL Wallet (CapEx: SLW) will ultimately gain control of up to 20M shares of SL Wallet (SLW) or its equivalent in Cash ($L) over the term of a Purchase Security Agreement which is anticipated to close by September Month-end pending SLW Shareholder approval. The Terms of a Definitive Agreement between the parties will be based on the 30 Day Average Closing Price of SLCX and SLW at closing and will include redemption Warrants and Options among other conditions.

Arbitrage Wise, commenting on the announcement stated, "I made a promise in January to fulfill my obligations to JTF Depositors and to finish the visionary projects we started in 2007. This agreement will provide the free cashflow and stability we need to execute that plan. I am confident that Bo and Scott are the right stewards to lead the SL Capital Exchange into its next chapter and they've offered a more than fair price for SL CapEx. Shareholders of both SLCX and SLW should be delighted with this Deal."

Beck added, "I came to SL CapEx just over a year ago. In that time we've been to the top of the mountain, and, unfortunately, to the brink of destruction and back again. For some time now I've talked about the need for some progressive changes in the way the SL Capital Markets operate. Arbitrage, Scott and myself are in agreement that this transaction is a logical and necessary step for us to begin to restore the confidence we once had as a community. Going forward, Scott and I will endeavor to elect a New Board of Directors for SL CapEx, we'll implement tougher underwriting policies for IPO's and we'll help to restore investor confidence in the SL Capital Markets. Most importantly, for SLCX shareholders we'll return SL CapEx to profitability and profound growth."

Nestler continued, "If we're ever to move beyond the simple constructs of a 'game' we'll need a legal and regulatory framework that both understands and supports the greater metaverse. Virtual Corporations, micro-securities, RMT taxation; these issues will each require strong leadership, clear vision and the fortitude to endure scrutiny by a multitude of agencies. Bo and I are resolved to persevere until this nascent industry not only survives but thrives. SL Capital Exchange will lead the way in that regard."

Contacts:

Arbitrage.Wise@Gmail.com
Bogart.Beck@Gmail.com
Nestler.Investments@Gmail.com

* * * * *

About SL CapEx: The SL Capital Exchange (SL CapEX: SLCX) is a fictional Stock Market Exchange based on the economy of, and operating adjacent to, Second Life(tm), a product of Linden Lab. The SL Capital Exchange is not affiliated with Linden Lab.

About SL Wallet: SL Wallet (SL CapEx: SLW) is an unregulated currency intermediary offering transactional gateway services between Second Life(tm) currencies ($L) and real-money denominations. SL Wallet is not affiliated with Linden Lab.

in topic Beck / Nestler Partnership to acquire SL Capital Exchange by Bogart Beck ]]> Thu, 04 Sep 2008 09:42:53 -0700 http://slcapex.com/forums/topic/SLCX/2226/16128 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Sun, 10 Aug 2008 20:07:01 -0700 http://slcapex.com/forums/topic/SLCX/439/15553 http://slcapex.com/forums/topic/SLCX/1740
in topic Balance sheet seems to have errors by Sportsbets Writer ]]> Sun, 10 Aug 2008 05:04:50 -0700 http://slcapex.com/forums/topic/SLCX/1740/15537 http://slcapex.com/forums/topic/SLCX/2071
We're down 30% from that, I think....

in topic Another month without a Divident :( by Oldwan McDonnell ]]> Sat, 19 Jul 2008 05:53:20 -0700 http://slcapex.com/forums/topic/SLCX/2071/14966 http://slcapex.com/forums/topic/SLCX/2092
I hope ISE is going to join you

in topic SL CapEx and VSTEX Announce Cooperative Agreement - 07/16/2008 by Eliale Morigi ]]> Wed, 16 Jul 2008 09:31:42 -0700 http://slcapex.com/forums/topic/SLCX/2092/14934 http://slcapex.com/forums/topic/SLCX/2092 SL CapEx and VSTEX Announce Cooperative Agreement and Protocol to Share Investigative Data Across Markets

SL Financial Community, July 16, 2008 - - For General Release and Publication - - The SL Capital Exchange (SLCAPEX, http://www.slcapex.com ) and the Virtual Stock Exchange (VSTEX, http://www.vstex.net ) have today announced an agreement to jointly develop and implement a cross-exchange investigative protocol to help prevent fraud, stock market manipulation and other abuses within the SL Financial Community. Such protocol will include inter-agency communication and escalation procedures as well as cooperative development of various real-time market surveillance measures and analytical toolsets to be used by both Exchanges

Since its inception, the Second Life(tm) Ecosystem, and in particular the SL Financial Community, has endured widespread and rampant market abuses that have persisted to date relatively unabated. Such abuses have shaken the confidence of the community at large and have placed the viability and survivability of the SL Financial Community in question. Both companies, having invested heaviliy in their trading platforms and market simulations, recognize that investor confidence must be restored if we are to achieve any sustainable market presence within the Second Life Economy as it matures.

With the current absence of an International Regulatory framework specifically adapted to accomodate the peculiarities of the emerging world-wide metaverse, the management teams of SL CapEx and VSTEX have been conferring regularly for several months about how to best achieve reasonable self-regulation and cooperation without compromising the confidentiality and privacy expectations of our clientele which we agree are generally a group of individuals common across all exchanges and immediately recognizable by their virtual-world Avatar Names and various ALTS and aliases.

This first small step toward fundamental reform of our industry's practices is a basic prerequisite for restoring genuine trust in our market simulations and mutual accountability within our community's constituency. More detail about this unique partnership and development effort will be shared as it becomes available. In the interim, both companies have agreed to continue to cooperate unconditionally with Linden Lab and any duty bound law enforcement agency that may seek information regarding potential fraud or any other criminal act attempted via exploitation of our platforms and systems.

We've come a long way, yet still have miles to go. Please feel free to contact any of the undersigned directly should you have questions or comments regarding this announcement.


Bogart Beck,
CEO, SL CapEx
bogart.beck@gmail.com

Tobia Forcella
CEO, Vstex.net
info@vstex.net

Samantha Goldflake
PR Director, Vstex.net
communication@vstex.net

Arbitrage Wise,
Chairman, SL CapEx
arbitrage.wise@gmail.com

===================

in topic SL CapEx and VSTEX Announce Cooperative Agreement - 07/16/2008 by Bogart Beck ]]> Wed, 16 Jul 2008 09:12:30 -0700 http://slcapex.com/forums/topic/SLCX/2092/14932 http://slcapex.com/forums/topic/SLCX/2071 Meanwhile i understand why the share prize is so low.
all three month they pay a divident of some
one-tenth of a percent .
I Personaly dont see what hapenes whit the profit
would be nice if we would see that it is used to develope the platform but therve not been much changes in the last month. Somehow i understand people pushing out
this stock.
WHen i bought my shares i thought " this is shurely not a bad investment .. they have a constant income from the trading fees " but that the company has a constant income doesnt obviously mean the sharholders are having any good from it

Manula

in topic Another month without a Divident :( by Manuela DeVinna ]]> Fri, 11 Jul 2008 07:11:51 -0700 http://slcapex.com/forums/topic/SLCX/2071/14812 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Sun, 06 Jul 2008 14:56:17 -0700 http://slcapex.com/forums/topic/SLCX/439/14654 http://slcapex.com/forums/topic/SLCX/1937
This means that even if they make net profits of 100K per month, that's still only one thousandth of a Linden per share (0.001L).

Profits need to increase five times to pay a semi-decent half a linden per share monthly dividend.

Combine that with the precarious state of investor confidence in the market at the moment, as more companies go poof and others are manipulated at their CEO's whim, and I think the shares are fairly priced.

in topic whats the matter with SLCapex Shares by Ragged Delec ]]> Wed, 11 Jun 2008 11:54:35 -0700 http://slcapex.com/forums/topic/SLCX/1937/14087 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Fri, 06 Jun 2008 05:38:29 -0700 http://slcapex.com/forums/topic/SLCX/439/13987 http://slcapex.com/forums/topic/SLCX/1937 Is there going on something i dont know or why are they traded at 0.20 or something ?


Manuela

in topic whats the matter with SLCapex Shares by Manuela DeVinna ]]> Tue, 27 May 2008 01:24:26 -0700 http://slcapex.com/forums/topic/SLCX/1937/13639 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Sat, 10 May 2008 11:01:26 -0700 http://slcapex.com/forums/topic/SLCX/439/12887 http://slcapex.com/forums/topic/SLCX/1740 I cannot find it either any more. Maybe its removed. Administrators have the ability to remove, edit and also change the topics.

It was some days before this http://www.slwallet.com/forums/topic/SLCX/1618

Arbitrage posted a clarification why there wouldnt be any divident, i think.
Should be easy for you to find the bill though.

Hmm. I had a second thought on this. I believe i have assumed the amount of the bill because the profit for 2 months was about 1000 000 and no dividents could be paied due to invoice not billed yet.

My mistake. Sorry.

However i still want to know about that bill. How much and where its reflected.


in topic Balance sheet seems to have errors by Sean4you Shepherd ]]> Fri, 11 Apr 2008 05:41:42 -0700 http://slcapex.com/forums/topic/SLCX/1740/11335 http://slcapex.com/forums/topic/SLCX/1740
Can you provide your source as to why you think there should be a L$1M liability? I went back three months (to January) and there were no liabilities posted, so I'm confused as to why you think there should be on there. Maybe something in a thread I didn't see?

in topic Balance sheet seems to have errors by Guardian Market ]]> Fri, 11 Apr 2008 04:22:41 -0700 http://slcapex.com/forums/topic/SLCX/1740/11332 http://slcapex.com/forums/topic/SLCX/1740 Thanks for the link. I hope SLCAPEX can put up a couple of such links in education purpose somewhere on the site.
However i am not sure your post was meant as an answer to my question.

I still cant see where the debt is reflected. Maybe its partly payed so the amount is not 1 000 000 L anymore. But compared with january and febr the amounts are almost the same and those months the debt wasnt payed. If not it should be reflected somewhere.
I noticed NEC have entered a debt on "longtime debts". And i was expecting SLCAPEX would have done the same. On the other hand it might be something else than longtime debt BUT still such a huge debt should not be hidden.




in topic Balance sheet seems to have errors by Sean4you Shepherd ]]> Fri, 11 Apr 2008 04:14:35 -0700 http://slcapex.com/forums/topic/SLCX/1740/11331 http://slcapex.com/forums/topic/SLCX/1740
It has to do with Retained Earnings. Although the balance sheet says "Take directly from line 50 of the income statement," that line should actually be cumulative. Here's an Investopedia article on how to compute it: http://www.investopedia.com/terms/r/retainedearnings.asp You can also look at SLR's financials, where I do a Statement of Retained Earnings that shows it explicitly.

There's a *tiny* error on the income statement, too, but that one's getting pretty picky.

in topic Balance sheet seems to have errors by Guardian Market ]]> Fri, 11 Apr 2008 03:45:25 -0700 http://slcapex.com/forums/topic/SLCX/1740/11330 http://slcapex.com/forums/topic/SLCX/1740
But the question was about 1 000 000 L in debts.
Usually such a BIG debt should be reflected in the accounting.
Maybe i have overlooked it somewhere and you could kindly enlighten me where in the financials the debt is.






in topic Balance sheet seems to have errors by Sean4you Shepherd ]]> Fri, 11 Apr 2008 01:23:17 -0700 http://slcapex.com/forums/topic/SLCX/1740/11328 http://slcapex.com/forums/topic/SLCX/1740 Your Deposits were NEVER HELD BY SL CapEx... they were held by JT Financial (and now SLW). Interest on deposits was paid by JT Financial - not SL CapEx.



in topic Balance sheet seems to have errors by Bogart Beck ]]> Thu, 10 Apr 2008 16:22:05 -0700 http://slcapex.com/forums/topic/SLCX/1740/11317 http://slcapex.com/forums/topic/SLCX/1740 Accts Payable are reflected in the period in which we recieve an INVOICE (and we pay them in the same accounting period received).

in topic Balance sheet seems to have errors by Bogart Beck ]]> Thu, 10 Apr 2008 15:41:16 -0700 http://slcapex.com/forums/topic/SLCX/1740/11314 http://slcapex.com/forums/topic/SLCX/1740
Thats odd BO because we got interest on our money we had in SLCAPEX before the banking ban. But i cant find anything about interest payed in SLCAPEX financials http://www.wisemetaverse.com/SLCX_FIN-2007-12-31.xls.

If the interest on the money deposit in SLCAPEX account was payed by JTF....it probably was a bank with exchange features.

And Bo, i really hope you are not ignoring my questions. I think they are relevant even if they are annoying you. Thats kind of childish behaviour if you do.

May you explain the debt SLCAPEX hade in invoice bill which havent been payed. Shouldnt debts of 1 000 000 L be reflected in the accountings ?



in topic Balance sheet seems to have errors by Sean4you Shepherd ]]> Thu, 10 Apr 2008 14:28:44 -0700 http://slcapex.com/forums/topic/SLCX/1740/11312 http://slcapex.com/forums/topic/SLCX/1210 Manuela,

They DO show up in a Report - it's the monthly Financial Statements (Income Statement & Balance Sheet). It's all there. Enjoy ;-)

in topic Dividends by Bogart Beck ]]> Thu, 10 Apr 2008 13:07:16 -0700 http://slcapex.com/forums/topic/SLCX/1210/11306 http://slcapex.com/forums/topic/SLCX/1210
Now the only thing i would love to know is:
There was a overall profit of 1.3 million Linden in the last 3 month . now there where 500 k payed out as dividents .

It woudld realy help to know what happened to the 800 k
where where they invested. or if they where holded back for Future Investements i would like to be able to see them somewhere showing up in a report.


Manu

in topic Dividends by Manuela DeVinna ]]> Thu, 10 Apr 2008 13:03:08 -0700 http://slcapex.com/forums/topic/SLCX/1210/11305 http://slcapex.com/forums/topic/SLCX/1740 Huh? Quite simply, CapEx is not a bank. The banking relationship you have is(was) with JT Financial (now SLW).

SL CapEx shares a common back-end accouinting system with SLW/(JTF) but has NEVER been the bank - just an Exchange.

in topic Balance sheet seems to have errors by Bogart Beck ]]> Thu, 10 Apr 2008 12:09:36 -0700 http://slcapex.com/forums/topic/SLCX/1740/11302 http://slcapex.com/forums/topic/SLCX/1740
in topic Balance sheet seems to have errors by Gen Ferraris ]]> Thu, 10 Apr 2008 09:09:53 -0700 http://slcapex.com/forums/topic/SLCX/1740/11294 http://slcapex.com/forums/topic/SLCX/1740 SL CapEx has NO depositors. Deposits are held by SLW and are reflected accurately on the SLW Balance Sheet (just like the were with JTF).

in topic Balance sheet seems to have errors by Bogart Beck ]]> Thu, 10 Apr 2008 08:51:33 -0700 http://slcapex.com/forums/topic/SLCX/1740/11288 http://slcapex.com/forums/topic/SLCX/1733
in topic Dumb question by Gumby Roffo ]]> Thu, 10 Apr 2008 01:30:32 -0700 http://slcapex.com/forums/topic/SLCX/1733/11269 http://slcapex.com/forums/topic/SLCX/1740
in topic Balance sheet seems to have errors by Sean4you Shepherd ]]> Thu, 10 Apr 2008 01:19:24 -0700 http://slcapex.com/forums/topic/SLCX/1740/11267 http://slcapex.com/forums/topic/SLCX/1740
in topic Balance sheet seems to have errors by Gen Ferraris ]]> Wed, 09 Apr 2008 20:00:44 -0700 http://slcapex.com/forums/topic/SLCX/1740/11258 http://slcapex.com/forums/topic/SLCX/1733
Example: Say you agreed to buy 100k MECH at 1.00 but it was trading at 0.90. ImA places 100K MECH for sale at 0.90, you buy it for 90,000, and they pay ImA 10,000 cash on top of it (in-world) thus making your cost 1.00.

in topic Dumb question by Guardian Market ]]> Wed, 09 Apr 2008 19:04:52 -0700 http://slcapex.com/forums/topic/SLCX/1733/11257 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Wed, 09 Apr 2008 18:34:10 -0700 http://slcapex.com/forums/topic/SLCX/439/11256 http://slcapex.com/forums/topic/SLCX/1733
The flip side is also true. Let's say MECH's current price is .90 but ImA and I have made a deal for me to buy 100K at 1.03. I would have to plow through alot of shares to get to ImA's 100K which I wouldn't want to do. I wouldn't have enough money to buy his shares at 1.03.

So I guess this is where I am confused. I guess the main question is, how do we insure that the money/shares get to the proper parties in a private transaction.

As in craps there are a lot of side bets. Maybe CAPEX should open a private trading arena to handle the stock trading "side bets". That would be close to a pure market. If they wish to take a little bit higher cut then that would be their perogative.

Thanks.

in topic Dumb question by Arnaud Villota ]]> Tue, 08 Apr 2008 15:35:44 -0700 http://slcapex.com/forums/topic/SLCX/1733/11239 http://slcapex.com/forums/topic/SLCX/1733
in topic Dumb question by Servme Nakamura ]]> Mon, 07 Apr 2008 09:06:18 -0700 http://slcapex.com/forums/topic/SLCX/1733/11181 http://slcapex.com/forums/topic/SLCX/1733
in topic Dumb question by Fujiwara Food ]]> Mon, 07 Apr 2008 06:03:06 -0700 http://slcapex.com/forums/topic/SLCX/1733/11177 http://slcapex.com/forums/topic/SLCX/1733
Instead of me say selling you 100K shares direct them emailing capex to transfer to you, they now want me to put the 100K shares as open sell order on capex and you to go and buy from capex directly now as a public buy order.

Lets them make the 3% trade commission on the transfers

in topic Dumb question by Ima Janitor ]]> Sun, 06 Apr 2008 23:28:17 -0700 http://slcapex.com/forums/topic/SLCX/1733/11166 http://slcapex.com/forums/topic/SLCX/1733
"(3) EFFECTIVE IMMEDIATELY SL CAPEX will no longer facilitate private transfers of shares between parties. Such transfer can readily be handled on the public market with any unique settlement discounts or consideration handled privately between parties. We simply do not have the bandwith or resources to manually transfer shares on behalf of third parties."

I am assuming (probably wrongly) that the LNL Brokerage house would be an example of the "public market" however
I have looked all over on this site and I see no reference as to how I can facilitate a private trade and transfer shares and such.

Could someone enlighten me on how I can do this? A link to "Private Trading for Dummies" would even be acceptable.

Thanks.


in topic Dumb question by Arnaud Villota ]]> Sat, 05 Apr 2008 14:14:23 -0700 http://slcapex.com/forums/topic/SLCX/1733/11160 http://slcapex.com/forums/topic/SLCX/1705
in topic Multiple accounts by Sean4you Shepherd ]]> Fri, 04 Apr 2008 10:22:00 -0700 http://slcapex.com/forums/topic/SLCX/1705/11115 http://slcapex.com/forums/topic/SLCX/1705
Assuming some traders have alts registered on the inSLcapex and there was never an intention to manipulate prices, volumes or trade between the multiple accounts, but it was done back in the day to spread out risk (LL halting accounts, hacking of an account, insurance limitations per avatar, ...) what would be the best way to merge or consolidate? A support ticket? Public disclosure? Not using the alt anymore on SL Capital Exchange?


in topic Multiple accounts by Servme Nakamura ]]> Fri, 04 Apr 2008 09:37:11 -0700 http://slcapex.com/forums/topic/SLCX/1705/11111 http://slcapex.com/forums/topic/SLCX/1705 Sean,

Our software traps for ALTS via Source IP tracking which we monitor regularly. I have not noticed any overly suspicious activity. What I have noticed is quite a bit of flipping by short-term, large volume traders.


in topic Multiple accounts by Bogart Beck ]]> Fri, 04 Apr 2008 09:04:17 -0700 http://slcapex.com/forums/topic/SLCX/1705/11110 http://slcapex.com/forums/topic/SLCX/1705
Looking for answers i just got one :)

in topic Multiple accounts by Sean4you Shepherd ]]> Fri, 04 Apr 2008 08:33:15 -0700 http://slcapex.com/forums/topic/SLCX/1705/11108 http://slcapex.com/forums/topic/SLCX/1619
in topic Traders sweep accounts by Vitall Beck ]]> Tue, 01 Apr 2008 08:51:13 -0700 http://slcapex.com/forums/topic/SLCX/1619/10972 http://slcapex.com/forums/topic/SLCX/274 background every time someone changes something,
hence does not slow down the site.

If we are ever to face a server bug like before, we can simple take
this replica and have our site back up in a matter of minutes.

in topic Official Weekly Update - For CEO Posting Only by Arbitrage Wise ]]> Mon, 31 Mar 2008 10:28:30 -0700 http://slcapex.com/forums/topic/SLCX/274/10908 http://slcapex.com/forums/topic/SLCX/1705
During the buyback of SLW , clearly its a lot of money to gain by manipulating the price through alt accounts and alt avatars. For example after a massive buy of shares normally the price will not immediate returns to the price before. Using several accounts someone can drive the price down to buy cheap until next massive buy. It might be a technique someone use at this time. Also putting out 500 000 shares at a price , for example 0.78 will force others to sell lower.
What if this actually are happening ? Oh, for you who cannot follow my thoughts.... my target is NOT ORDINARY behavior which are marketrules.

What are SLCAPEX doing to prevent using multiple accounts and avas ?


in topic Multiple accounts by Sean4you Shepherd ]]> Mon, 31 Mar 2008 04:24:23 -0700 http://slcapex.com/forums/topic/SLCX/1705/10885 http://slcapex.com/forums/topic/SLCX/1689
You have halted YEP and MECH for good reason according to SLCAPEX rules, however...... You have implied with flaming posts that neither have ever posted financials in over three months. This is a flagrant lie. They have posted financials, though incomplete,they have posted them. Let me use YEP as an example. As you know YEP came over from WSE. A wise move in my opinion. When they came over the only requirements for financials was the income statement. A balance sheet was opitonal. They complied. When Arb took over and you became CEO the decision was made to provide GAAP compliant financials. Ok, no problem. Did anyone from SLCAPEX ever sit down with YEP or any exisitng CEO to explain the new rules, or did you assume that all CEO's would read every post that came from you or SLCAPEX personally? I truly believe that YEP had other things on their plate other than attach themsleves to every post that came from SLCAPEX. Yet YEP continued to file every month, on time, an accurate financial statement and paid dividends. Some of the highest actually and consistenly. Unless you or a compliance officer actually had a ONE ON ONE with YEP concerning the rule change, SLCAPEX really has no ground to stand on. Maybe that explains the lack of enforcement since SLCAPEX took over. I remember when Skyranger was the compliance officer, you fired him after a month or so because he wasn't doing his job. So if he wasn't doing his job then how can you assume that he spoke with all CEO's about the new rules and/or pointed out deficiencies in reporting and/or point them to the applicable rules for conformance?

YEP and MECH asked for your help, you didn't give it. You thought better to flame them privately then publicly. You told them to hire an accountant. They did. The best in SL! The very same accountant that you would have used to approve their financials. Yet when they resubmitted with the accountant's blessing, you still found something wrong. You have basically said that SL's best accountant isn't good enough. Yet you worked with that accountant for over an hour to get things straigtened out, and still found time to flame danielz. The legitamate quesiton is asked, why couldn't you spend that same hour with the CEO's when they asked for help in the first place.

I beleive that you have wasted more time slamming the CEOs of these two companies in public than you would have spent helping them out in the first place. As Sando said in a another forum, this is not conduct expected of a leader of a first class exchange such as SLCAPEX.

I will state it publicly, that if such behavior on your part or any other officer of this exchange continues, I will personally vote my shares in YEP and MECH or any other stock that I own, for a move to another exchange or go private, if it ever comes up in a shareholder meeting. This behavior is inexcusable from a leader who everyone looks up to and trusts that they are leading a business in the right direction. It is also frustrating to a common shareholder to see this kind of thing going on for no apparent good reason.

I will repeat this post on the YEP and MECH forums as well.

Thank you for your time.

in topic An Open Letter to The CEO of SLCAPEX by Arnaud Villota ]]> Fri, 28 Mar 2008 16:16:31 -0700 http://slcapex.com/forums/topic/SLCX/1689/10790 http://slcapex.com/forums/topic/SLCX/274
in topic Official Weekly Update - For CEO Posting Only by Arbitrage Wise ]]> Tue, 25 Mar 2008 21:54:13 -0700 http://slcapex.com/forums/topic/SLCX/274/10687 http://slcapex.com/forums/topic/SLCX/1619 Were we in a position to issue a dividend Cayman we would.

in topic Traders sweep accounts by Bogart Beck ]]> Wed, 19 Mar 2008 16:48:44 -0700 http://slcapex.com/forums/topic/SLCX/1619/10478 http://slcapex.com/forums/topic/SLCX/1619
Thank you for your response, you are obviously entitled to do as you wish with your shares. Maybe you should have issued a dividend and received a better price for the sale of those 1.2 million shares ;-)

Regards,

CB


in topic Traders sweep accounts by Cayman Beaumont ]]> Wed, 19 Mar 2008 16:41:57 -0700 http://slcapex.com/forums/topic/SLCX/1619/10476 http://slcapex.com/forums/topic/SLCX/1619 Cayman,

I've regularly reduced my shares at quarterly intervals - nothing new here. I also buy/replenish on the dips. You'll likely never see my percentage of ownership dip below 10% (which is a considerable holding).

As it stands I'm involved in a large SIM development project with several folks here and need the cashflow to fund the effort. That's why we play the game Cay.

Bo

in topic Traders sweep accounts by Bogart Beck ]]> Wed, 19 Mar 2008 16:30:58 -0700 http://slcapex.com/forums/topic/SLCX/1619/10474 http://slcapex.com/forums/topic/SLCX/1619
Ok... how about answering one of my questions. Why as CEO of SLX are you selling so many shares?

It doesn't inspire confidence.

Regards,

CB



in topic Traders sweep accounts by Cayman Beaumont ]]> Wed, 19 Mar 2008 16:25:55 -0700 http://slcapex.com/forums/topic/SLCX/1619/10472 http://slcapex.com/forums/topic/SLCX/1619 Nope.

in topic Traders sweep accounts by Bogart Beck ]]> Wed, 19 Mar 2008 13:21:56 -0700 http://slcapex.com/forums/topic/SLCX/1619/10462 http://slcapex.com/forums/topic/SLCX/1619
Have you received a reply to your question?

Regards,

CB


in topic Traders sweep accounts by Cayman Beaumont ]]> Wed, 19 Mar 2008 13:15:49 -0700 http://slcapex.com/forums/topic/SLCX/1619/10461 http://slcapex.com/forums/topic/SLCX/1619
If deposits were reflected on the liabilities side cash would have to be seen on the asset side. Some people could ask for that cash for their SLW shares if they saw how much cas this actually is.

in topic Traders sweep accounts by Spm Aviatik ]]> Tue, 18 Mar 2008 01:47:23 -0700 http://slcapex.com/forums/topic/SLCX/1619/10411 http://slcapex.com/forums/topic/SLCX/274
in topic Official Weekly Update - For CEO Posting Only by Arbitrage Wise ]]> Mon, 17 Mar 2008 16:53:58 -0700 http://slcapex.com/forums/topic/SLCX/274/10391 http://slcapex.com/forums/topic/SLCX/1619
You're just an investor. You have no rights. :Þ

in topic Traders sweep accounts by Jaysabi Jenkins ]]> Sat, 15 Mar 2008 20:34:57 -0700 http://slcapex.com/forums/topic/SLCX/1619/10331 http://slcapex.com/forums/topic/SLCX/1619
in topic Traders sweep accounts by Vitall Beck ]]> Thu, 13 Mar 2008 06:20:09 -0700 http://slcapex.com/forums/topic/SLCX/1619/10240 http://slcapex.com/forums/topic/SLCX/1210
Manuela

in topic Dividends by Manuela DeVinna ]]> Wed, 12 Mar 2008 06:44:20 -0700 http://slcapex.com/forums/topic/SLCX/1210/10205 http://slcapex.com/forums/topic/SLCX/1210
in topic Dividends by Fujiwara Food ]]> Wed, 12 Mar 2008 06:37:24 -0700 http://slcapex.com/forums/topic/SLCX/1210/10204 http://slcapex.com/forums/topic/SLCX/1210
in topic Dividends by Sean4you Shepherd ]]> Wed, 12 Mar 2008 05:37:05 -0700 http://slcapex.com/forums/topic/SLCX/1210/10199 http://slcapex.com/forums/topic/SLCX/1210 that would be ok if we would at least been told what happenes with that money.
Buying back SLWallet shares with SL-CapEx profits is not ok in my opinion.

Manuela


in topic Dividends by Manuela DeVinna ]]> Wed, 12 Mar 2008 04:53:11 -0700 http://slcapex.com/forums/topic/SLCX/1210/10194 http://slcapex.com/forums/topic/SLCX/1618
Could someone please answer those questions Arbitrage overlooked ?

in topic Invoices not billed yet ? by Sean4you Shepherd ]]> Tue, 11 Mar 2008 17:01:40 -0700 http://slcapex.com/forums/topic/SLCX/1618/10159 http://slcapex.com/forums/topic/SLCX/1618 ..shouldn't those revenues be reported on different lines on the sheet?

511k of commission income equals about 20'000'000 total trading volume for february. That seems pretty correct, if you ask me.
And I would also like to know more about the unpaid bill, ...


in topic Invoices not billed yet ? by Fujiwara Food ]]> Tue, 11 Mar 2008 13:24:35 -0700 http://slcapex.com/forums/topic/SLCX/1618/10155 http://slcapex.com/forums/topic/SLCX/1623
in topic Its time for SLCAPEX to ..... by Arbitrage Wise ]]> Tue, 11 Mar 2008 12:38:53 -0700 http://slcapex.com/forums/topic/SLCX/1623/10152 http://slcapex.com/forums/topic/SLCX/1618
in topic Invoices not billed yet ? by Arbitrage Wise ]]> Tue, 11 Mar 2008 12:34:35 -0700 http://slcapex.com/forums/topic/SLCX/1618/10151 http://slcapex.com/forums/topic/SLCX/1623
I dont know why they dont comply with the financial posting policie its possible SLCAPEX needs to set up some routines for how to monitor those companies.

I also suggest SLCAPEX to make a observation list for those companies to attract attention.
Does this make sense to you ?



in topic Its time for SLCAPEX to ..... by Sean4you Shepherd ]]> Tue, 11 Mar 2008 10:04:03 -0700 http://slcapex.com/forums/topic/SLCX/1623/10145 http://slcapex.com/forums/topic/SLCX/1618 I was referring to the announcement which was posted.
"No dividends will be issued this month as retained earnings will be carried forward to pay for invoices not billed yet."

in topic Invoices not billed yet ? by Sean4you Shepherd ]]> Tue, 11 Mar 2008 08:00:11 -0700 http://slcapex.com/forums/topic/SLCX/1618/10141 http://slcapex.com/forums/topic/SLCX/1619
If this is not the case, I would actually be quite worried for my Capex trading balance - who is responsible for this money if not SLCX? We all remember what was the unfortunate result of mixed responsibility for trader deposits previously, I would hope that SLCX management learned from past mistakes and keep all traders money safely on SLCX balance going forward.


in topic Traders sweep accounts by Vitall Beck ]]> Tue, 11 Mar 2008 05:13:34 -0700 http://slcapex.com/forums/topic/SLCX/1619/10132 http://slcapex.com/forums/topic/SLCX/1618
I'm not sure what you are referring to - I cannot see any unpaid invoices/bills in February financial report. Care to elaborate?

I have to agree though that a drop in commission revenue from January to February is VERY surprising and totally unexpected. I've tracked Capex activity on a regular basis and if anything, daily and weekly volumes were significantly higher in February. So, I guess SLCX management owes an explanation to shareholders as to why these volumes did not translate into commissions.

in topic Invoices not billed yet ? by Vitall Beck ]]> Tue, 11 Mar 2008 05:11:40 -0700 http://slcapex.com/forums/topic/SLCX/1618/10131 http://slcapex.com/forums/topic/SLCX/1618 Could someone please explain to me what it is please?
And also how much Lindens its about ?
And to whom are you going to pay 1 000 000 L ?
And when some questions are brought up why not also answer this one : Why wasnt revenues for SLCAPEX more in february than in january ? To me it seemed the average trading increased significantly.
I suggest you put up a every day amount traded somewhere so we can keep an eye on how SLCAPEX are doing day by day. For 31 days. Seems to be the only way to be certain of what is going on.


Last month , January, there was a profit of 500k and Arb said he didnt wanted to pay any divident. He wanted to wait so the divident also could be payed to SLW stockholders. Nothing said about any big "Bill" not payed. And this month another 500 k in profit and suddenly there is a big dept to someone. I usually dont expect ceo to declare what bills are payed or not, but this time i think YOU owe SLCAPEX stockholders a real good explanation Arb. Giving away 15 000 k shares and now a big bill. Whos money are you wasting ?

I suggest SLCAPEX staff to hire someone independent to review the bookkeeping.

in topic Invoices not billed yet ? by Sean4you Shepherd ]]> Tue, 11 Mar 2008 04:05:44 -0700 http://slcapex.com/forums/topic/SLCX/1618/10129 http://slcapex.com/forums/topic/SLCX/439 http://spreadsheets.google.com/pub?key=pwS3lFnMAI0VumTBknUTSBQ

in topic Monthly Financials by Arbitrage Wise ]]> Mon, 10 Mar 2008 22:02:55 -0700 http://slcapex.com/forums/topic/SLCX/439/10114 http://slcapex.com/forums/topic/SLCX/1210 However... its plenty of time.

Makes me a little curious though.
Will SLCAPEX pay a fine of 1000 L a day to SLCAPEX because they dont accomplish their own policy?


in topic Dividends by Sean4you Shepherd ]]> Mon, 10 Mar 2008 17:44:00 -0700 http://slcapex.com/forums/topic/SLCX/1210/10103 http://slcapex.com/forums/topic/SLCX/1210
in topic Dividends by Fujiwara Food ]]> Mon, 10 Mar 2008 12:48:17 -0700 http://slcapex.com/forums/topic/SLCX/1210/10092 http://slcapex.com/forums/topic/SLCX/1210 Quite excited about how much the divident will be.

Should be approx. 0.01 L. 3 % in dividents is good.

in topic Dividends by Sean4you Shepherd ]]> Sun, 09 Mar 2008 06:48:14 -0700 http://slcapex.com/forums/topic/SLCX/1210/10026 http://slcapex.com/forums/topic/SLCX/1210
in topic Dividends by Fujiwara Food ]]> Sun, 09 Mar 2008 05:53:21 -0700 http://slcapex.com/forums/topic/SLCX/1210/10021 http://slcapex.com/forums/topic/SLCX/274
in topic Official Weekly Update - For CEO Posting Only by Arbitrage Wise ]]> Mon, 03 Mar 2008 13:46:04 -0800 http://slcapex.com/forums/topic/SLCX/274/9682 http://slcapex.com/forums/topic/SLCX/1559 I really do hope none of the CEO:S sold their SLW to get some cash though.

in topic Clarification on CEO share reconversion statement sought by Sean4you Shepherd ]]> Sun, 02 Mar 2008 02:11:11 -0800 http://slcapex.com/forums/topic/SLCX/1559/9594 http://slcapex.com/forums/topic/SLCX/1559
in topic Clarification on CEO share reconversion statement sought by Servme Nakamura ]]> Sat, 01 Mar 2008 19:00:58 -0800 http://slcapex.com/forums/topic/SLCX/1559/9577 http://slcapex.com/forums/topic/SLCX/1559
Specifically (and I'm NOT in a position of authority to know here -- just laying out my assumptions to be corrected), the "CEOs" named are the avatars that held lindens (eg. for distribution to shareholders as dividends). But when the conversion happened, all that "liquid" cash for each stock's CEOs' operation/accounting also got converted into SLW shares. Meaning that the CEO account was no longer in Lindens (but was accessible by selling SLW shares if possible) yet by not being immediately in Lindens meant that other business oblications couldn't be met when expected (eg. not just paying a divident building up, but also for paying employees and contractors) for work performed that was keeping the CEOs business going.

True, many of my fellow non-CEO "cash holders" need their money (that is now in SLW shares). But if my assumptions are correct, then I'll support the CEOs getting their working capital cash balance back unconverted so that their businesses (and my investments in their stock) can continue to operate.

Disclaimer - I'm just a small investor, and I bought into other stocks rather than have my L$ balance converted into SLW. I didn't need my cash immediately, and I'm still looking for my stocks before and after the LL policy change to be the smart choice. So I do want to see my CEOs able to still operate with the stock's cash assets in Lindens.

in topic Clarification on CEO share reconversion statement sought by Insouciant Yue ]]> Sat, 01 Mar 2008 18:41:08 -0800 http://slcapex.com/forums/topic/SLCX/1559/9576 http://slcapex.com/forums/topic/SLCX/1559 http://www.slcapex.com/home/story/SLW/1490)

Does this mean that all the CEO's that have a company listed at SLCapex got their SLW shares reconverted to L$, or does it only refer to SLCapex CEO shares (according to prospectus Investor Allen - guess that needs to be updated)?

Thanks for shedding a light onto this.

in topic Clarification on CEO share reconversion statement sought by Servme Nakamura ]]> Sat, 01 Mar 2008 16:58:27 -0800 http://slcapex.com/forums/topic/SLCX/1559/9567 http://slcapex.com/forums/topic/SLCX/1539
in topic WHY NO IPO FEES? by Strongman Shelford ]]> Thu, 28 Feb 2008 15:03:52 -0800 http://slcapex.com/forums/topic/SLCX/1539/9422 http://slcapex.com/forums/topic/SLCX/1539 http://slwallet.com/home/story/SLR/1476

sounds like a special offer for WSE delisters :P "Delist while it's down anyway!" :P

in topic WHY NO IPO FEES? by Fujiwara Food ]]> Thu, 28 Feb 2008 14:12:46 -0800 http://slcapex.com/forums/topic/SLCX/1539/9418 http://slcapex.com/forums/topic/SLCX/1539
in topic WHY NO IPO FEES? by Lindsay Druart ]]> Thu, 28 Feb 2008 14:03:23 -0800 http://slcapex.com/forums/topic/SLCX/1539/9417 http://slcapex.com/forums/topic/SLCX/1539
in topic WHY NO IPO FEES? by Strongman Shelford ]]> Thu, 28 Feb 2008 13:50:07 -0800 http://slcapex.com/forums/topic/SLCX/1539/9415 http://slcapex.com/forums/topic/SLCX/1210
Since SLW seems more like promissory notes to those who aren't into stock trading, making things closer to even seems to me to be good business sense since it proves that SLW isn't like WTF and etc and will get people to do more business with CapEx/SLW down the road. No sense in prolonging things any more than they can be, right?

Honoris Causa...
Silverblade Dagger

in topic Dividends by Silverblade Dagger ]]> Wed, 27 Feb 2008 22:56:32 -0800 http://slcapex.com/forums/topic/SLCX/1210/9377 http://slcapex.com/forums/topic/SLCX/274

in topic Official Weekly Update - For CEO Posting Only by Arbitrage Wise ]]> Wed, 27 Feb 2008 18:55:33 -0800 http://slcapex.com/forums/topic/SLCX/274/9363 http://slcapex.com/forums/topic/SLCX/1210
Keep in mind that all of this is just speculation for now....

in topic Dividends by Arbitrage Wise ]]> Wed, 27 Feb 2008 18:53:00 -0800 http://slcapex.com/forums/topic/SLCX/1210/9362