http://slcapex.com/forums/browse/DCTY en-us Mon, 01 Dec 2008 12:12:14 -0800 Mon, 01 Dec 2008 12:12:14 -0800 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/DCTY/2389
Throught the best and worst of the history of the company it was a fun ride.

Goodbye to DCTY.....we will miss you.

-Scott


in topic DCTY - Shareholders PAYBACK COMPLETED by Scott Nestler ]]> Fri, 21 Nov 2008 16:29:03 -0800 http://slcapex.com/forums/topic/DCTY/2389/17465 http://slcapex.com/forums/topic/DCTY/2391 Dreamcities (DCTY) DELISTED at Managements Request - 11/17/2008

Pursuant to a request from Yanik Lytton, Board Chairman of DCTY, the company has been delisted and taken Private by the DCTY Management Team.

It is our understanding that DCTY has paid its non-Executive Shareholders L$1.25 per share and no other ongoing obligations are due or payable.

Should persons have additional questions or claims, please contact Yanik Lytton.

A FINAL Shareholders List has been reproduced below for Archival Purposes.

Respectfully,

Bogart Beck
SL CapEx CEO

Name DCTY
============
Yanik Lytton 480629
Cadmann Waechter 85000
Kaffe McMahon 75794
Lalwende Leakey 54303
Sarwat Miles 50000
Werther Beaumont 40569
Analog Planer 34334
Stroh Bing 32033
unbonbom Aabye 29441
Tommie Frangible 20339
Korto Laszlo 20000
Tari Merlin 18272
Denby Ashbourne 10000
Bofp Boyd 6000
Marcellino Maddaloni 4730
Dillian Novi 3107
Chux0069 Hynes 2836
Manuela DeVinna 2676
Sylver Vuckovic 2481
Sly Saunders 2390
Aurelia Melnik 2389
Trinity Nakamori 2356
Kenshin Dezno 2279
Mateo Infinity 2000
Alain Delpiaz 1938
Zoe Hocken 1909
Rob Fetid 1500
lobisones Congrejo 1304
DIMM Flow 1100
Io Habilis 1001
Fenigan London 1000
Krazy Priestman 1000
Xokeleton Avro 746
Katalin Brezoianu 700
southernborne73 Thespian 500
Kris Foggarty 420
Captin Hornpipe 380
Poco Roffo 350
Starlooser Binder 200
Tom Prospero 200
Hoeg Decosta 134
Brian Austin 125
Gil Graysmark 101
Braden Wolfenhaut 100
DFH Westland 100
Maelstrom Baphomet 100
Myron Cerveau 100
Nyko Merlin 100
Pandora Philipp 100
Uli Zabelin 98
Wilfred Hastings 95
Jaywire Sunset 89
Melikim Losangeles 72
Merlin Leominster 50
Moyo Manamiko 50
Wishful Merlin 50
Wash Rau 38
Josf Kerns 34
Orage Lubitsch 29
latzio Hawker 26
Jacopo Perenti 24
Jaime Brody 20
Oriana Albanese 20
Damaged Gears 13
Mosley Sperber 12
Acerx Veloce 11
Chango Kanto 10
Chazz Morigi 10
Dm Faulds 10
EstherMarie Carpool 10
Michelle Chernov 10
Sarine Alderson 10
Horatio Revnik 9
shamabaghodia Runo 9
Positron Sands 8
BartMonster Baroque 5
mir11111 McMillan 3
Xenia Easterman 3
Digitall Kidd 2
Anastasia Gazov 1
Nicolo Luminos 1
shii Jacobus 1
Tizznabus Lykin 1
TOTAL SHARES 1,000,000


in topic Dreamcities (DCTY) DELISTED at Managements Request - 11/17/2008 by Bogart Beck ]]> Mon, 17 Nov 2008 16:24:22 -0800 http://slcapex.com/forums/topic/DCTY/2391/17387 http://slcapex.com/forums/topic/DCTY/2389
If, for any reasons, that is an SL issue, and you are effectively well alive, please meet me in SL and I will make it a pleasure to pay you back. Those avatars are:

Hoeg Decosta
Braden Wolfenhaut
Orage Lubitsch
Chango Kanto (paidback through Alt account)
Horatio Revnik

DCTY is now the property of Yanik Lytton, Kaffe McMahon. Lalwende Leakey, and Sarwat Miles.

We request delistment of DCTY from CapEx.

Thanks


in topic DCTY - Shareholders PAYBACK COMPLETED by Yanik Lytton ]]> Mon, 17 Nov 2008 15:17:07 -0800 http://slcapex.com/forums/topic/DCTY/2389/17382 http://slcapex.com/forums/topic/DCTY/2384
From his last email, once the financials are to his taste for a now defunct company, and that he's put his hands in our money to pay himself, he will delist the company.

So I guess we do not need him anymore to settle everything.

I will take the shareholders list and pay back everyone inworld at 1.25L/share, rounded up to the highest whole number. I won't give you half lindens like CapEx does.

Payment will start tomorrow morning, or monday if Beck changes is mind and start acting like a businessmen. I'm in eastern Canada (SLT +3).

If you have any comments, griefs, questions, please post them now.

Thanks
Yanik


in topic IMPORTANT - shareholders PLEASE READ by Yanik Lytton ]]> Sat, 15 Nov 2008 18:19:42 -0800 http://slcapex.com/forums/topic/DCTY/2384/17352 http://slcapex.com/forums/topic/DCTY/2384
in topic IMPORTANT - shareholders PLEASE READ by Ivan Halfpint ]]> Sat, 15 Nov 2008 11:07:43 -0800 http://slcapex.com/forums/topic/DCTY/2384/17350 http://slcapex.com/forums/topic/DCTY/2384
in topic IMPORTANT - shareholders PLEASE READ by Yanik Lytton ]]> Sat, 15 Nov 2008 05:29:11 -0800 http://slcapex.com/forums/topic/DCTY/2384/17346 http://slcapex.com/forums/topic/DCTY/2384
I think if you asked the majority of the investors what was gaap you would get a blank stare.

There is a wide variation of posting of financials as well as apparent liberal definitions of assests, income and one would wonder in some cases if not a movement of funds between families of funds for paper purposes........

If transparency and standardization for consistency and accuracy is the true goal then everyone here should operate on the same definitions of capital equipment, intellectual etc assets as well as standard reporting formats. Perhpas even a level set of independent accountancy or a neutral party defining the terms, and the format.

in topic IMPORTANT - shareholders PLEASE READ by Kaffe McMahon ]]> Sat, 15 Nov 2008 00:47:37 -0800 http://slcapex.com/forums/topic/DCTY/2384/17345 http://slcapex.com/forums/topic/DCTY/2384
If PAR values are to be used i'd set them at IPO price so the "capital surplus" can be a measure of development since ipo for investors.

But honestly, when i valuate an sl company i don't care about balancesheets except for: cash & liquid assets, current months liabilities, and the consistency & size of dividends.

in topic IMPORTANT - shareholders PLEASE READ by Andy Grant ]]> Fri, 14 Nov 2008 23:10:58 -0800 http://slcapex.com/forums/topic/DCTY/2384/17343 http://slcapex.com/forums/topic/DCTY/2384 And one for Scott, too;

Here's an AXIOM for Preparing and Reviewing Financial Statements

What Are Assets, Liabilities, and Owners' Equity?

Assets, liabilities and owners' equity are the three components that make up a company's balance sheet. The balance sheet, which shows a business's financial condition at any point, is based on this equation:

Assets = Liabilities + Owners' Equity

This equation is also the framework for keeping track of money as it flows in and out of your company. Starting with the first penny you earn, you'll record in a general ledger each and every transaction using a double-entry system of debits and credits. Assets get recorded on the top or the left side of the balance sheet; liabilities and owners' equity are recorded on the bottom or the right side of the balance sheet.

The information on each company's general ledger is unique to that business; however, all companies classify their general ledger accounts as assets, liabilities or owners' equity. Businesses use more specific accounts within each classification, for example, "current assets" or "long-term liabilities" to organize and track their finances.

Assets

An asset is anything of value that your company owns — including cash. Assets get recorded on the balance sheet in terms of their dollar values. Remember, even if you used credit to purchase an asset, you still own it. Its full dollar value gets recorded on one side of the balance sheet as an asset, and the amount you owe gets recorded on the other side of the balance sheet as a liability. There are several types of assets:

Current assets. These are assets with dollar amounts that continually change, for example, cash, accounts receivable, inventory or raw materials your company uses to make a product. They are listed on the balance sheet in order of their liquidity, or how fast they can be converted into cash.

Investments. Companies, like individuals, can own securities such as stocks and bonds. Investments, like cash or property, are considered assets.

Capital assets. Think of capital assets, also called plant assets, as permanent things your company owns. Land, buildings, equipment and vehicles are common capital assets. So are things like computers, furniture and appliances, as long as they remain for use within your business and are not items you sell.

Intangible assets. Patents, copyrights and other nonmaterial assets that have value are referred to as intangible.

Liabilities

Anything a company owes to people or businesses other than its owners is considered a liability. There are two types of liabilities:

Current liabilities. In general, if a liability must be paid within a year, it is considered current. This includes bills, money you owe to your vendors and suppliers, employee payroll and short-term loans.

Long-term liabilities. A long-term liability is any debt that extends beyond one year, such as a mortgage.

Owners' Equity
Owners' equity, also called capital, is any debt owed to the business owners. For example, if you invested $50,000 of your savings to start a business, that amount is recorded in a capital account, also referred to as an owners'-equity account. In publicly traded companies, outstanding preferred and common stock also represents owners' equity.

Your business's revenues and expenses are also recorded in capital accounts because they relate to how much money your company makes over a period of time. At the end of each accounting cycle, a businesses profits get transferred to a capital account.


in topic IMPORTANT - shareholders PLEASE READ by Bogart Beck ]]> Fri, 14 Nov 2008 16:36:26 -0800 http://slcapex.com/forums/topic/DCTY/2384/17340 http://slcapex.com/forums/topic/DCTY/2384 Here Andy, even you can learn something new today ;-)

Par value is a nominal value of a security which is determined by an issuer company at a minimum price. Par value of an equity (a stock) is a somewhat archaic concept. The par value of a stock was the share price upon initial offering; the issuing company promised not to issue further shares below par value, so investors could be confident that no one else was receiving a more favorable issue price. This was far more important in unregulated equity markets than in the regulated markets that exist today.

Most common stocks issued today do not have par values; those that do (usually only in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of currency commonly used), for example a penny par value on a stock issued at USD$25/share. Most states do not allow a company to issue stock below par value.

No-par stocks have no par value printed on its certificates. Instead of par value, some U.S. states allow no-par stocks to have a stated value, set by the board of directors of the corporation, which serves the same purpose as par value in setting the minimum legal capital that the corporation must have after paying any dividends or buying back its stock.

Preferred stock par value remains relevant, and tends to reflect issue price. Dividends on preferred stocks are calculated as a percentage of par value.

Also, par value still matters for a callable common stock: the call price is usually either par value or a small fixed percentage over par value.

In the United States, it is legal for a corporation to issue "watered" shares below par value. However, the purchasers of "watered" shares incur an accounting liability to the corporation for the difference between the par value and the price they paid. Today, in many jurisdictions, par values are no longer required for common stocks.


in topic IMPORTANT - shareholders PLEASE READ by Bogart Beck ]]> Fri, 14 Nov 2008 16:27:58 -0800 http://slcapex.com/forums/topic/DCTY/2384/17339 http://slcapex.com/forums/topic/DCTY/2384
Yanik

in topic IMPORTANT - shareholders PLEASE READ by Yanik Lytton ]]> Fri, 14 Nov 2008 16:02:00 -0800 http://slcapex.com/forums/topic/DCTY/2384/17338 http://slcapex.com/forums/topic/DCTY/2384
I'll explain

in topic IMPORTANT - shareholders PLEASE READ by Andy Grant ]]> Fri, 14 Nov 2008 14:57:11 -0800 http://slcapex.com/forums/topic/DCTY/2384/17337 http://slcapex.com/forums/topic/DCTY/2384
Using what you stated, the shareholders equity would be zero, or negative.

there are 96k in liabilities (Chairmans load to DCTY)
No retained profit.

there are no treasury shares.

Bogart stated that there had to be shareholder equity.

Now what?

-Scott

in topic IMPORTANT - shareholders PLEASE READ by Scott Nestler ]]> Fri, 14 Nov 2008 14:55:09 -0800 http://slcapex.com/forums/topic/DCTY/2384/17336 http://slcapex.com/forums/topic/DCTY/2384
I already have check ISE:GDB

I know the fun, it is none with finaicals they should just be there,but seriously you should keep your financials in order not because of bogart or iv but because it lets you keep track of your own numbers.

One note on the 0.01 x 1000000 shares who the hell told you that (bogart ? iventures ?), either way thats complete enronness, sharesholder equity should be equal the remainder after liabilities + retainedprofits (the 0.01 PAR value should only be used in case of treasury NEVER in case of actual shareholder stock).

As i said earlier i'm availbable 12 hours a day if you need help to sort out your financials at rates of 10k for 30mins.

I believe the GAAP template can be simplified alot for both DCTY and NIC.

BTW. QB format is GAAP compliant, so use that, but fix it, i checked both your QB financials and the GAAP both have errors.


in topic IMPORTANT - shareholders PLEASE READ by Andy Grant ]]> Fri, 14 Nov 2008 14:51:08 -0800 http://slcapex.com/forums/topic/DCTY/2384/17335 http://slcapex.com/forums/topic/DCTY/2384
As an accountant I suck...I admit it. In RL I have 3 and here in SL I have one.

I have always done DCTY's financials in quickbooks only because it's what I knew and it was easiest.

Bogart asked us, after I posted the DCTY fins to change formats and I failed.

Assets Must = Liabilities + Shareholder Equity

I am still racking my brain on this one.

DCTY owes it's current Chairman 96k, if the standard .01 x 1,000,000 shares is the shareholders equity then assets equals -86k

Does that make sense to anyone?

I gave up last night and sent the data to iVentures and his SLFR group. IV has told me this morning that he will have them corrected in acceptable format on Saturday.

On a side note, yes my fins are delayed time and time again....but I do produce either profits or increased assets for my companies and when the delays happen and the fines are to be paid, I never take the money from the company that was effected.

SLW, SLCX and NIC are some of the most traded stocks here at CapEx.

Andy, why don't you IPO a company and see the fun.

-Scott Nestler

in topic IMPORTANT - shareholders PLEASE READ by Scott Nestler ]]> Fri, 14 Nov 2008 14:37:34 -0800 http://slcapex.com/forums/topic/DCTY/2384/17334 http://slcapex.com/forums/topic/DCTY/2384
Doing financials for a company of DCTY size should not take more than 30 minutes. I can offer you help at a special fee of just 10k per report. Give me the numbers, (income, expense PLUS; assets, liabilites, treasury and insider stock) you can email them to:

patryk[at]live.no or send me a notecard inworld and i'll have them ready in any format you prefer within max 30 minutes.

And Btw. this is not a game, this is a platform for business developers and consumers.

in topic IMPORTANT - shareholders PLEASE READ by Andy Grant ]]> Fri, 14 Nov 2008 12:57:52 -0800 http://slcapex.com/forums/topic/DCTY/2384/17332 http://slcapex.com/forums/topic/DCTY/2384
DCTY has come a long way since it started about a year ago. Different CEOs and management teams have all put lots of energy, time, and money in the project. We've gone through ups and downs, surfing on LL's change of policies, and trying different approaches to make it profit and expand. We obviously didn't quite achieve what we were hoping for. The recent rules on Openspace sims will require us to remodel our estate (again). This will have a direct impact on profit, and will delay furthermore the day that a dividend can be issued.

Another expense for us is the current decision about financials non-conformity, strangely applied on my account by Bogart Beck. The financials posted by Scott Nestler, have been done the same way they always have been, and they suddenly became not acceptable. I wish to note here that none of the management team holds treasury shares, and that all shares we own were bought with our personal money, at market value.

After lots of pondering and discussion, the management team of DCTY has decided to take the company private. It doesn't make sense to spend more time providing Mr. Beck financials, paying fines when they are not to his taste, and having to figure out what new twist to the CapEx ToS he will play on us the next month, when we keep engulfing tons of money in tier to LL to runs the 2 sims DCTY owns.

Let me be very clear here: WE ARE NOT GOING BANKRUPT ON YOU!

We will be buying up all shares before de-listing from CapEx. We will not re-list the company elsewhere. We do sincerely hope that CapEx will cooperate and facilitate the transition.

Current management's shares will be excluded, and not bought back. They are our shares, and we are buying the company. People from the management team are: Kaffe McMahon, Sarwat Miles, Lalwende Leaky, and myself, Yanik Lytton. All other shareholders will be paid for their shares.

In order to protect the shareholders, ourselves, and to make sure that everything is done according to the basic rules of transparency, we have hired iVentures Group to verify the shareholders list, and make sure that every shareholders are accounted for and compensated. Posts will be made on the DCTY forum as it progress. The buying of shares should be done in a very short time frame. We have the money, and we will pay you (if CapEx un-halts my account, of course).

+ A trading halt will be executed on DCTY by CapEx.
+ A shareholders list will be pulled out by us, and iVentures Volitant.
+ All non-management shares will be bought back at 1.25L/shares.
+ After all shares are compensated for, DCTY will de-list from CapEx.

Thanks for investing in DCTY, and we wish you the best of time in SL. Remember that this is a game, so have fun.

Yanik Lytton
Kaffe McMahon
Sarwat Miles
Lalwende Leaky



in topic IMPORTANT - shareholders PLEASE READ by Yanik Lytton ]]> Fri, 14 Nov 2008 12:43:06 -0800 http://slcapex.com/forums/topic/DCTY/2384/17331 http://slcapex.com/forums/topic/DCTY/2383
And announcement, and letter to shareholders will be posted in this forum as soon as CapEx halts the stock.

Thanks.

in topic *** IMPORTANT - DCTY HALT REQUEST *** by Yanik Lytton ]]> Fri, 14 Nov 2008 12:00:44 -0800 http://slcapex.com/forums/topic/DCTY/2383/17330 http://slcapex.com/forums/topic/DCTY/2253
No, You didn't tortured me (with that katana sword in your hand). I only felt that I was selling to you part of my heart... I always loved DCTY and the original DreamCities dream...

Rui

in topic Change in Leadership by Radioactive Rosca ]]> Fri, 14 Nov 2008 06:54:33 -0800 http://slcapex.com/forums/topic/DCTY/2253/17326 http://slcapex.com/forums/topic/DCTY/1424
in topic DTCY Monthy Financials by Andy Grant ]]> Thu, 13 Nov 2008 22:07:35 -0800 http://slcapex.com/forums/topic/DCTY/1424/17325 http://slcapex.com/forums/topic/DCTY/1424
Both Yanik and I are working owners and stock holders there on the land every day.

We are looking for people to buy property on the estate build to suit and have great traffic and shopping space. The Tower of Terror event I built at my own expense and time, delivered over 50 unique AV a day and generated positive press and interest on going.

We have a new Dj Roofus Rosollini who is taking over entertainment at the Scarlet Queen events forthcoming.

In addition we participate in the Treasure Quest multi sim wide event every two weeks. This is time intensive and delivers traffic to our merchants, We have grown that mall space to 10 + merchants in the last month and half.


We are not looking for a bail out. Just for tenents, please come visit us.

in topic DTCY Monthy Financials by Kaffe McMahon ]]> Thu, 13 Nov 2008 22:00:49 -0800 http://slcapex.com/forums/topic/DCTY/1424/17324 http://slcapex.com/forums/topic/DCTY/1424
Total Assets L$-
Total Liabilities L$96 108
Total Stockholder Equity L$(96 108)







in topic DTCY Monthy Financials by Andy Grant ]]> Thu, 13 Nov 2008 20:58:48 -0800 http://slcapex.com/forums/topic/DCTY/1424/17323 http://slcapex.com/forums/topic/DCTY/2253

in topic Change in Leadership by Yanik Lytton ]]> Thu, 13 Nov 2008 20:22:46 -0800 http://slcapex.com/forums/topic/DCTY/2253/17322 http://slcapex.com/forums/topic/DCTY/1424
in topic DTCY Monthy Financials by Scott Nestler ]]> Thu, 13 Nov 2008 19:00:24 -0800 http://slcapex.com/forums/topic/DCTY/1424/17319 http://slcapex.com/forums/topic/DCTY/1424 Ummm... Assets Must = Liabilities + Shareholder Equity.

in topic DTCY Monthy Financials by Bogart Beck ]]> Thu, 13 Nov 2008 17:00:51 -0800 http://slcapex.com/forums/topic/DCTY/1424/17317 http://slcapex.com/forums/topic/DCTY/1424
http://www.nestlerinvestments.com/dcty/DCTY%20October%20Financials.xls



in topic DTCY Monthy Financials by Scott Nestler ]]> Thu, 13 Nov 2008 16:41:50 -0800 http://slcapex.com/forums/topic/DCTY/1424/17315 http://slcapex.com/forums/topic/DCTY/1424 As it stands, the minimum SL CapEx requirement is submission of a GAAP conforming Income Statement and Balance Sheet each month no latyer than the 10th of each month. With Scott now as an Officer of SL CapEx we can no longer justify making exceptions for his non-conforming report submissions.

The companies controlled by CapEx Officers can be held to no less a standard than other co's.

Bo

in topic DTCY Monthy Financials by Bogart Beck ]]> Thu, 13 Nov 2008 15:18:14 -0800 http://slcapex.com/forums/topic/DCTY/1424/17313 http://slcapex.com/forums/topic/DCTY/1424
in topic DTCY Monthy Financials by Kaffe McMahon ]]> Thu, 13 Nov 2008 13:26:28 -0800 http://slcapex.com/forums/topic/DCTY/1424/17309 http://slcapex.com/forums/topic/DCTY/1424
Those are the same ways of posting financials that we always did. What is wrong with them today?

Yanik

in topic DTCY Monthy Financials by Yanik Lytton ]]> Thu, 13 Nov 2008 10:02:27 -0800 http://slcapex.com/forums/topic/DCTY/1424/17303 http://slcapex.com/forums/topic/DCTY/1424 Scott, Yanik,

I have reviewed the submitted Financials and they are substantially non-conforming and therefor not acceptable to SL CapEx.

Income Statement and Balance Sheet are required - not just a P&L Statement.

Bo Beck

in topic DTCY Monthy Financials by Bogart Beck ]]> Thu, 13 Nov 2008 09:20:44 -0800 http://slcapex.com/forums/topic/DCTY/1424/17301 http://slcapex.com/forums/topic/DCTY/1424
Please visit www.nestlerinvestments.com/dcty

Scott Nestler


in topic DTCY Monthy Financials by Scott Nestler ]]> Thu, 13 Nov 2008 09:11:09 -0800 http://slcapex.com/forums/topic/DCTY/1424/17300 http://slcapex.com/forums/topic/DCTY/2253
Yesterday, I had to sell my 5% of DCTY shares. As a result of my act, I have no longer the right of being a member of the BoD and I must step down as Director of DCTY.

Good luck to DCTY and it's Chairman/BoD. I hope they will have a bright future as they are experienced leaders.

Rui, Radioactive Rosca

in topic Change in Leadership by Radioactive Rosca ]]> Wed, 12 Nov 2008 10:36:11 -0800 http://slcapex.com/forums/topic/DCTY/2253/17276 http://slcapex.com/forums/topic/DCTY/2345
The dust is still settling on the new pricing plan for Open Sims and usage enforcement.

We wanted to assure investors we are aware of these changes and adjusting our plans and strategies accordingly.

The Sims we have are class 5 lag free and we will convert open sims as we more fully work out our next steps.

We offer a safe haven for any land owners that are in a quandry with their open sims and have competitive rates available.

Please see me or Yanik Lytton to discuss how we can assist you in any of your needs for land, buildings, parcels and more.

Sail into your second life with us....



in topic Captains Log by Kaffe McMahon ]]> Wed, 29 Oct 2008 08:52:00 -0700 http://slcapex.com/forums/topic/DCTY/2345/17056 http://slcapex.com/forums/topic/DCTY/2332 http://slnn.com/article/recession-fuels-virtual/
This is an interesting article about virtual worlds.

We are all painfully aware of the impact on our 401k's, and portfolios as well as slow downs and soft land sales in SL.

However, I think that managed estates, with services and added value offer a competitive position in the SL marketplace.

People want to be entertained and while they may put off that trip overseas or defer on other spending a trip to SL is much more affordable and entertaining.

At DCTY we are still working to turn the ship around to a "sea of black ink" but we are poised to capture more mind share in world with what we are doing.

Please come and visit, shop and see the sights. We are finding sucess with development of open sims and sale of these.

We work to find new ways to offer value and entertainment. Our holiday programs will be delightful suprises.

in topic Economic News and A View from Ship by Kaffe McMahon ]]> Sun, 26 Oct 2008 22:43:45 -0700 http://slcapex.com/forums/topic/DCTY/2332/16947 http://slcapex.com/forums/topic/DCTY/2309
The Treasure Quest starts anew for end of month tonight at midnight SLT. We are once again a destination on their hunt circuit. Last hunt brought in over 500+ and counting unique visitors to the estate over the week the hunt was in place.

In conjunction with this there will be a Halloween Party this Sunday for Pulse Skins. This is a 1000 plus member group and should drive traffic for shopping and potential live aboard on the estate.

Over the Halloween Weekend we are having 3 major events, starting with the Costume Party at the Scarlet Queen, on Friday, 10/31, a Masked Ball at the Scarlet Queen on 11/1 an on 11/2, Sunday a scavenger hunt by boat.

We have sailable and navigatble waters and a FREE rez a boat system. Please come one and all and have fun as you tour the estate.

Barbary Coast Estates of which DCTY resides has a new video ad launching on the estate to watch. A very good write appeared in the places to explore http://sl-newspaper-pnw.blogspot.com/.

Our blog is:
http://barabarycoastestates.blogspot.com/

Next month we will have some special events as well. To find out more and get in on the fun please come visit. Wash ashore, drop anchor and get into a live aboard lifestyle.


in topic Current Events At DCTY by Kaffe McMahon ]]> Thu, 23 Oct 2008 09:23:19 -0700 http://slcapex.com/forums/topic/DCTY/2309/16850 http://slcapex.com/forums/topic/DCTY/2309
Sophia~

in topic Current Events At DCTY by Sophia Yates ]]> Wed, 22 Oct 2008 15:36:20 -0700 http://slcapex.com/forums/topic/DCTY/2309/16835 http://slcapex.com/forums/topic/DCTY/2309
Involvement in the estate helps build your investment!

The Tower Of Terror is now open for your fun and amusement
http://slurl.com/secondlife/Bonny%20Bay/119/113/270. This will be capped off by an entire party weekend at the end of the month, costume parties contests, a masked ball and a boating /water themed treasure hunt.

We expect to bring in new traffic SL wide with the Tower of Terror.

We have an ongoing party every Saturday Night, costume contest at the Scarlet Queen. We will be offering a Live Aboard weekend on one of our ships as contest prizes for the next month.

The Scarlet Queen is where you can laze around the campfire anytime, or play checkers and chess in the club.

Many amenities and events await you on the estate, where you can sail into your world. Let us help you make your dreams come true.



in topic Current Events At DCTY by Kaffe McMahon ]]> Sat, 18 Oct 2008 00:01:26 -0700 http://slcapex.com/forums/topic/DCTY/2309/16755 http://slcapex.com/forums/topic/DCTY/1424
Please visit www.nestlerinvestments.com/dcty

Scott Nestler

in topic DTCY Monthy Financials by Scott Nestler ]]> Fri, 17 Oct 2008 15:11:05 -0700 http://slcapex.com/forums/topic/DCTY/1424/16753 http://slcapex.com/forums/topic/DCTY/2253
Yanik and I are working to hold the course while we chart our future in these new waters.

As we all know the RL economy is in dire straits and land sales have been challenging in Second Life. DCTY has reworked and reinvented the land holdings to ride the winds of change in Second Life. Water and related activities are extremely popular and we now offer sailing, boating, swimming and strong water attractions, more to come.

Please stop by to visit Shipwreck to shop; buy a boat, visit the mermaids or sail. We are looking for tenant's for the open houses and offer competitive rates and terrific customer care in a managed community.

Our tag line is Sail Into Your World, let us help you make your world what you and want and dream.

We participate in a major sim wide treasure quest every two weeks which delivers solid traffic to Shipwreck of close to 700 unique visitors per week and growing. This has had a positive impact on rentals for shopping, to grow shopping area and deliver customers to our customers the merchants.

Anticipated carry over to housing rentals and event participation.

We/I have joined new groups to find new friends as well as contacts to expand our demographics in guerilla hands on marketing efforts.

Regularly scheduled events and parties are part of the services offered, as well as a club with music, checkers/chess and a campfire to hang out and chat. A haunted house is under construction for this month as well as a big blow out masked ball and weekend of special Halloween activities

Mass media is non existent per se in SL and is fractured as is RL. We have to continue to look out for new ways to grow the company and surrounding estate. Advertising programs have been launched to garner mind share and expect to see our ads on line and currently in print we run double pages in Best Of Second Life.

We face stiff competition in the SL market place with other water based estates, sims however they all started small too.

Our efforts are building recognition within SL as we strive to become more than a "me to" estate but a unique destination and place to live, work and play. If you have any questions please contact me in world or by email.


in topic Change in Leadership by Kaffe McMahon ]]> Sat, 11 Oct 2008 10:23:30 -0700 http://slcapex.com/forums/topic/DCTY/2253/16676 http://slcapex.com/forums/topic/DCTY/2287
Seriously, I told Scott about it when he posted them. We are trying to find a way for them to show on the page. I will keep you posted.

Yanik

in topic Cant see the financials by Yanik Lytton ]]> Fri, 10 Oct 2008 06:34:40 -0700 http://slcapex.com/forums/topic/DCTY/2287/16651 http://slcapex.com/forums/topic/DCTY/2287 but i cant see the financials at
http://www.nestlerinvestments.com/dcty/

which file contais the actual financials ?

Manuela

in topic Cant see the financials by Manuela DeVinna ]]> Fri, 10 Oct 2008 02:38:40 -0700 http://slcapex.com/forums/topic/DCTY/2287/16648 http://slcapex.com/forums/topic/DCTY/2253
in topic Change in Leadership by Cash Yiyuan ]]> Thu, 09 Oct 2008 08:36:53 -0700 http://slcapex.com/forums/topic/DCTY/2253/16631 http://slcapex.com/forums/topic/DCTY/2253
A Directors meeting took place last evening, with 4 of the 5 directors present. Note that Lyne Mayflower was present on behalf of Cadmann Waechter, and had full accountability for his shares.

A new direction team was elected as follows:

Yanik Lytton - Chairman
Kaffe McMahon - CEO

This is a transition team put in place to insure that the company pursues its operations with the least possible disadvantages. Some adjustments may be done in the future as we evaluate our current position and goals.

You can find the meeting's log at this address:
http://www.mainstreetultd.com/files/

Please direct any questions or comments to Yanik Lytton or Kaffe McMahon.

Yours truly
Yanik



in topic Change in Leadership by Yanik Lytton ]]> Thu, 09 Oct 2008 05:31:03 -0700 http://slcapex.com/forums/topic/DCTY/2253/16622 http://slcapex.com/forums/topic/DCTY/2253
Yanik

in topic Change in Leadership by Yanik Lytton ]]> Wed, 08 Oct 2008 11:25:28 -0700 http://slcapex.com/forums/topic/DCTY/2253/16605 http://slcapex.com/forums/topic/DCTY/2253
As you are aware recently I have been appointed Chairman of CapEx. Due to the time constraints and related matters I hereby step down as Chairman/CEO of DCTY

I leave this company in very capable hands....and debt free.

Thank you,

Scott Nestler

in topic Change in Leadership by Scott Nestler ]]> Wed, 08 Oct 2008 10:09:25 -0700 http://slcapex.com/forums/topic/DCTY/2253/16604 http://slcapex.com/forums/topic/DCTY/2253
On September 18th, 2008 several Board members met and with over 70% of the shares in attendance and voting I have been appointed the Chairman of DCTY.

I would also like to take a moment to welcome 2 new Board members to DCTY, Cadmann Waechter and Kaffe McMahon.

Please stop by Shipwreck Bay and Mutiny Bay and see the great work that has been done.

Thank you,


Scott Nestler
Cadmann Waechter
Yanik Lytton
Radioactive Rosca
Kaffe McMahon


in topic Change in Leadership by Scott Nestler ]]> Fri, 19 Sep 2008 20:00:51 -0700 http://slcapex.com/forums/topic/DCTY/2253/16382 http://slcapex.com/forums/topic/DCTY/1574
Well things not ended up good for HOT also and went bankrupt, good i saw the insider trading sells (believe me he knowed about the situation of HOT as a former CEO very well) from Rockwell Ginsberg and jumped ship at the right time.

DCTY finnally hits his real value around 0.50L$(check this forum , i told its 5-10 times overvalued...and it was)

Little bit odd since that slcapex Bogart/Nestler deal the market knowing just one direction- down with lots of trading halts every day. Volume nearly just from slw stock flippers.

Seems like Arb made a good deal and things won´t get any better..



in topic February Reports by Sportsbets Writer ]]> Wed, 17 Sep 2008 09:13:50 -0700 http://slcapex.com/forums/topic/DCTY/1574/16348 http://slcapex.com/forums/topic/DCTY/1424
Please visit www.nestlerinvestments.com/dcty

Scott Nestler
DreamCities.net, CEO

in topic DTCY Monthy Financials by Scott Nestler ]]> Wed, 10 Sep 2008 18:40:38 -0700 http://slcapex.com/forums/topic/DCTY/1424/16209 http://slcapex.com/forums/topic/DCTY/2186
Please visit www.nestlerinvestments.com/dcty

Scott Nestler
DreamCities.net, CEO

in topic Dreamcities (DCTY) HALTED for Financial Reporting Non-Compliance  by Scott Nestler ]]> Thu, 21 Aug 2008 13:15:03 -0700 http://slcapex.com/forums/topic/DCTY/2186/15857 http://slcapex.com/forums/topic/DCTY/1424
Please visit www.nestlerinvestments.com/dcty

Scott Nestler
DreamCities.net, CEO

in topic DTCY Monthy Financials by Scott Nestler ]]> Thu, 21 Aug 2008 13:14:45 -0700 http://slcapex.com/forums/topic/DCTY/1424/15856 http://slcapex.com/forums/topic/DCTY/2189
The Scarlet Queen Ale House is set up for cribbage, checkers, backgammon and chess. Drop in anytime for chat and fun.

Weekly costume contest every Saturday 6-8pm for Pirates, Wenches and More O My.

Podcast of the old radio show Voyage of the Scarlet Queen Sundays at 6pm slt and Wed 5 pm slt.

An ongoing Treasure Hunt at the main entry of Barbary Coast Estates. Please stop by and join in the fun and festivities, bring your friends. See Yanik Lytton or Kaffe Mcmahon for questions on how you can sail into your Second Life.

in topic Set Your Sail For Shipwreck by Kaffe McMahon ]]> Sat, 16 Aug 2008 09:02:07 -0700 http://slcapex.com/forums/topic/DCTY/2189/15697 http://slcapex.com/forums/topic/DCTY/2186 Dreamcities (DCTY) HALTED for Financial Reporting Non-Compliance - 08/15/2008

Due to non-compliance with Capex's financial reporting policies, DCTY trading has been halted for not posting financials and the Company has been fined pursuant to our posted continued listing requirements.

Trading in DCTY will not resume until fully conforming Financials have been posted and the Fine Paid-In-Full.

Bogart Beck
SL CapEx CEO

in topic Dreamcities (DCTY) HALTED for Financial Reporting Non-Compliance  by Bogart Beck ]]> Fri, 15 Aug 2008 01:20:10 -0700 http://slcapex.com/forums/topic/DCTY/2186/15676 http://slcapex.com/forums/topic/DCTY/2114
in topic What is happening?? by Sportsbets Writer ]]> Sun, 03 Aug 2008 02:32:37 -0700 http://slcapex.com/forums/topic/DCTY/2114/15273 http://slcapex.com/forums/topic/DCTY/2114 Bo doesn't live in the lighthouse Sports... I just use it to lynch bookmakers who let their lines get outta whack ;-)

Regardless, welcome aboard mate... Arrrrrgh!




in topic What is happening?? by Bogart Beck ]]> Wed, 30 Jul 2008 10:11:24 -0700 http://slcapex.com/forums/topic/DCTY/2114/15163 http://slcapex.com/forums/topic/DCTY/2114
10 times better than LL´s "bay city"


in topic What is happening?? by Sportsbets Writer ]]> Wed, 30 Jul 2008 09:50:38 -0700 http://slcapex.com/forums/topic/DCTY/2114/15162 http://slcapex.com/forums/topic/DCTY/2114
http://slurl.com/secondlife/Shipwreck%20Bay/24/81/24/

And while you are there, why don't you take a look at the whole Barbary Coast Estates. A confederation of sim owners from DCTY, NIC, BIG, and myself.

http://slurl.com/secondlife/Mutiny%20Bay/151/203/27/



in topic What is happening?? by Yanik Lytton ]]> Wed, 30 Jul 2008 06:03:31 -0700 http://slcapex.com/forums/topic/DCTY/2114/15158 http://slcapex.com/forums/topic/DCTY/2119 yaniklytton@yahoo.ca

Kaffe McMahon - CEO
kaffemcmahon@gmail.com

Cadmann Waechter - Director
ndwalton@rogers.com

Radioactive Rosca - Director
radioactive.rosca@gmail.com


in topic Emails by Yanik Lytton ]]> Wed, 30 Jul 2008 05:21:06 -0700 http://slcapex.com/forums/topic/DCTY/2119/15156 http://slcapex.com/forums/topic/DCTY/2114
The sim is reopening and now someone wants to dump the stock?

This is definatly not DCTY related, the ATM issue is a factor.

I know that deposits are not even possible when I last checked....

Hopefully LL will get there sh1t together soon and we can get back to normal.

-Scott

in topic What is happening?? by Scott Nestler ]]> Tue, 29 Jul 2008 20:18:24 -0700 http://slcapex.com/forums/topic/DCTY/2114/15151 http://slcapex.com/forums/topic/DCTY/2114 it is hot here in italy but i can assure i have a shower in my flat and i use it regularly :)
I just noted that big flop, especially because i follow regularly the price history of this company.
Dividends: it is not a news thay do not pay dividends since march.
Thanks for ur suggestion to take a snapshot, i already was thinking today to do it.
Someone need liquidity it is porbably the answer.
thanks for answers both

Ciao ciao

in topic What is happening?? by Giampaolo Huldschinsky ]]> Tue, 29 Jul 2008 05:27:21 -0700 http://slcapex.com/forums/topic/DCTY/2114/15131 http://slcapex.com/forums/topic/DCTY/2114
in topic What is happening?? by Sportsbets Writer ]]> Tue, 29 Jul 2008 05:14:35 -0700 http://slcapex.com/forums/topic/DCTY/2114/15130 http://slcapex.com/forums/topic/DCTY/2114 It also can happen when just 1 share sold for that prize.

more details? "smell bad"?you can check out yourself...

You even can look who sold the shares because 10k must be a major shareholder.Make a screenshot of the list or copy it in a spreadsheet and check it after big sales then you know who was selling.
For the quick drop, hm think nothing big happend with the their company (their SIM stil there i bet), , just someone needs some liquidty OR someone thinks 5L $ for one DCTY shares is overvalued and wants get out.
Well, it surely is, maybe even 12times overvalued when i lookat the dividend history and Finacial statements and assets.

BUT...BUT a share is worth people are willing to pay for and there is not much freefloat&liquidty.
With 4k shares you can drive the prize down to 40cents.When some of the other top shareholders gets nervous and sells (before trying to get in contact with the CEO/Company/"The one who sold"/or other major shareholders and asks questions to maybe avoid such a drop..) ..it drops.

When it`s constantly trading around 4.50/5.00 for weeks and selling for 2.20 is not clever, why not try sell for 3.20 or 2.75 or even better make other people a private offer to buy those 10k ,which is a huge block considering the total outstanding shares without hurting the shareprize and (maybe) get a much better prize.It´s easy to get in contact within SL.

Buy 1 share then make screenshot of your portfolio value for your virtual SL posie album value before it´s history lol.
(i had a screenhot of mine when RDX was trading for 1000.00L and had a few thousand, was a share at world-stock-exchange.IPO´d at 1L buy went down lookin` :(


in topic What is happening?? by Sportsbets Writer ]]> Tue, 29 Jul 2008 05:10:51 -0700 http://slcapex.com/forums/topic/DCTY/2114/15129 http://slcapex.com/forums/topic/DCTY/2114 The ATM issue could possibly be another reason, as we can see increased volume on almost all stocks this morning.

On a side note, Shipwreck Bay has been remodeled and ready for rent. It now shows a real pirate look. Have a look!

Yanik

ps. sorry. just woke up and don't have the SLurl on hand. Will edit later.

in topic What is happening?? by Yanik Lytton ]]> Tue, 29 Jul 2008 05:01:38 -0700 http://slcapex.com/forums/topic/DCTY/2114/15128 http://slcapex.com/forums/topic/DCTY/2114 Can anybody give more details??
when the price fall down so quickly it smell bad

in topic What is happening?? by Giampaolo Huldschinsky ]]> Tue, 29 Jul 2008 03:18:26 -0700 http://slcapex.com/forums/topic/DCTY/2114/15127 http://slcapex.com/forums/topic/DCTY/1424
Please visit www.nestlerinvestments.com/dcty

Scott Nestler
DreamCities.net, CEO

in topic DTCY Monthy Financials by Scott Nestler ]]> Mon, 14 Jul 2008 10:18:41 -0700 http://slcapex.com/forums/topic/DCTY/1424/14898 http://slcapex.com/forums/topic/DCTY/1424
As most of you know late last month I was seriously injured during a landing of a regional jet here in NY.

Since that happened I was heavily medicated and unable to have any intelligent conversations, let alone generate financial reporting on time.

As soon as the accident occurred I informed CapEx Management and asked for an extension on posting the data, as I didn’t think it was possible to complete on time.

I am no longer debilitated and am able to sit up for short periods of time, the pain killers are now at normal levels and physical therapy has been completed as much as possible.

DCTY’s financials have been posted, www.nestlerinvestments.com/dcty

NIC’s financials have been sent to iVentures for generation/certification as I promised during the IPO, all NIC financials will be generated outside of NIC management.

If there was a way, like in RL for me to have had this done completely outside of myself, I would have done so.

As a thank you to NIC investors for understanding there will be a special “bonus” dividend on top of the one allocated for May.

Also, June data to date has also been sent to iVentures. We will be posting those on Monday and issuing any dividend the same day.

Humbly submitted,

Scott


in topic DTCY Monthy Financials by Scott Nestler ]]> Thu, 26 Jun 2008 16:15:56 -0700 http://slcapex.com/forums/topic/DCTY/1424/14464 http://slcapex.com/forums/topic/DCTY/2016 Today, 18:47 system announcement
by Bogart Beck

Dreamcities (DCTY) Returns to ACTIVE TRADNG effective 6:30PM 06/26/2008


Having received confirmation that the May 2008 Financials for DCTY have been posted SL CapEx Management has lifted the HALT effective 06:30PM SLT today. We will continue to monitor DCTY while Mr. Nestler is under physicians care.

At this point we have not made a determination regarding waiving the fines that DCTY has accrued for non-conformance - I expect a final ddecision will be made this weekend after SL CapEx management and DCTY management has had an opportunity to confer.

The transcript of Mr. Nestlers report has been appended below.

Regards,

Bo Beck
SL CapEx CEO

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

Today, 16:15
Scott Nestler Re: DTCY Monthy Financials
Edited by author Today, 16:18

Hello Fellow investors,

As most of you know late last month I was seriously injured during a landing of a regional jet here in NY.

Since that happened I was heavily medicated and unable to have any intelligent conversations, let alone generate financial reporting on time.

As soon as the accident occurred I informed CapEx Management and asked for an extension on posting the data, as I didn’t think it was possible to complete on time.

I am no longer debilitated and am able to sit up for short periods of time, the pain killers are now at normal levels and physical therapy has been completed as much as possible.

DCTY’s financials have been posted, www.nestlerinvestments.com/dcty

NIC’s financials have been sent to iVentures for generation/certification as I promised during the IPO, all NIC financials will be generated outside of NIC management.

If there was a way, like in RL for me to have had this done completely outside of myself, I would have done so.

As a thank you to NIC investors for understanding there will be a special “bonus” dividend on top of the one allocated for May.

Also, June data to date has also been sent to iVentures. We will be posting those on Monday and issuing any dividend the same day.

Humbly submitted,

Scott

Today, 12:16 system announcement
by Bogart Beck

Dreamcities (DCTY) HALTED for Financial Reporting Non-Compliance - 06/20/2008

Due to non-compliance with Capex's financial reporting policies, DCTY trading has been halted for not posting financials and the Company has been fined pursuant to our posted continued listing requirements.

While we understand that CEO Scott Nestler has sustained a recent injury, ten additional days of latitude should have been more than sufficient to produce a document that takes less than an hour to complete. Trading in DCTY will not resume until fully conforming Financials have been posted and the Fine Paid-In-Full.

Bo Beck
SL CapEx CEO

in topic Dreamcities (DCTY) has been HALTED for Financial Reporting Non-Compl by Bogart Beck ]]> Fri, 20 Jun 2008 13:24:21 -0700 http://slcapex.com/forums/topic/DCTY/2016/14355 http://slcapex.com/forums/topic/DCTY/1987
I would say he is mending a fractured tail bone which is quit painfull and just like he mentioned probably cant sit at a computer..but then again ..please I hope he is ok and has not flown the coop. Which I dought he did. I dont know but he did mention he was recovering and its been almost a week since he has been on. Time will tell.

Sophia





in topic Slight Delay by Sophia Yates ]]> Fri, 20 Jun 2008 13:21:46 -0700 http://slcapex.com/forums/topic/DCTY/1987/14354 http://slcapex.com/forums/topic/DCTY/1987
in topic Slight Delay by Legolas Delgado ]]> Fri, 20 Jun 2008 11:19:59 -0700 http://slcapex.com/forums/topic/DCTY/1987/14353 http://slcapex.com/forums/topic/DCTY/1987 As some of are you aware, last week on a flight home my plane had a hard landing.

Unfortunately the side effect was a aggravation of a old injury to my Coccyx bone, or tail bone. The result was a fracture in 2 separate segments.

I have been on some REALLY GOOD painkillers for the last few days, I have also been in Physical therapy the last 2 days.

I should be at a tolerable level within a day or 2, I will have financials posted then along with the dividends. My ability to sit in front of a PC for an extended period is limited.

Thank you for understanding,

Scott


in topic Slight Delay by Scott Nestler ]]> Tue, 10 Jun 2008 18:15:17 -0700 http://slcapex.com/forums/topic/DCTY/1987/14067 http://slcapex.com/forums/topic/DCTY/1843
I understand your position and appreciate it.

Just so that you can put this into your math, Capex charges a 2.5% fee so if you sold your 1 share for 1L your porceeds from the sale would be .97



in topic What's with this share. Who so high LOL by Scott Nestler ]]> Wed, 14 May 2008 09:36:13 -0700 http://slcapex.com/forums/topic/DCTY/1843/13104 http://slcapex.com/forums/topic/DCTY/1843
Scott, when I keep that share of 1L$ for 4 months and received 0.2 in dividends and then sell it for 1L then I still have 20% profit. No one says you have to keep it 2 years, but if you sell it after 2 years for 1L you still get your 1L$ back.
Personally I don't care about dividends at all, usually they are couple of hundred Lindens even when you own 100.000 shares. I don't think it's worth the risk anyways, average lifetime of companies/startups is just too short, some companies could qualify though. I agree, let companies focus on growth more to raise the value of shares.

Dividend should not devaluate a companies sharevalue. It should be paid when there is space for this but shareprice should stay up as much possible. Also I do not believe in secundaries. If a company cannot make the money needed for expansion, hey they already got through an IPO with a lot of money. Let them first work their ways up and then expand. This is really possible in SL and people who cannot do this do not earn the credits to go through a secundary and control more money from other people.

There has been a large quantity of CEO's that ran away with IPO money or simply did not care about the company nomore after they had been given the IPO funds. This is a sad fact which is hard for exchanges to handle and it gives exchanges a bad name and actually such can be a reason for Linden Lab to 'delist' or ban all exchanges. Wonder if they can as exchanges can work rather independantly from SL if need to.

in topic What's with this share. Who so high LOL by Stryker Yoshikawa ]]> Wed, 14 May 2008 09:18:00 -0700 http://slcapex.com/forums/topic/DCTY/1843/13092 http://slcapex.com/forums/topic/DCTY/1843 ANDY,

POST OF THE WEEK! EXCELLANT COMMENTARY!

Bo

in topic What's with this share. Who so high LOL by Bogart Beck ]]> Wed, 14 May 2008 08:43:55 -0700 http://slcapex.com/forums/topic/DCTY/1843/13076 http://slcapex.com/forums/topic/DCTY/1843
Price of the stock is by far more important than NAVPS, dividend, PE and such for the investor.

I'm actually prety impressed that investors see it the other way around.

Btw. i may sound like an extrimist with this, but by beeing fixated i don't mean just maintaining the price i mean exponentialy increasing it with all ways that are available, for example bribing sl-media, so be it, get it up, as long as you get it up i care not how you do it.

There's a reason why 99% of sl stocks trade well below their nav and with a "strange" pe, the reason is simple most ceos dont give a damn (either because they don't give a damn, or because they don't know they should).

Let me say it again, most CEO's don't give a damn, perhaps because investors dont realize that dividends are instant devalutation of the company, while stockprice growth = nondevaluating growth.

It shouldn't take a genious to realize that 99% of sl listed companies can't grow neither in size nor in revenues because they keep paying too high dividends (often as a request from investors who know nothing about investments).

in topic What's with this share. Who so high LOL by Andy Grant ]]> Wed, 14 May 2008 06:52:27 -0700 http://slcapex.com/forums/topic/DCTY/1843/13054 http://slcapex.com/forums/topic/DCTY/1843
Assuming that what you say is true, from a shareholder perspective tell me, what is better?

Drive the price of a stock up, and when a company needs a "injection" of capital for a new sim or project sell some of the shares at the higher price and use that profit to fund the venture or keep the share price at or below IPO value, offer little in dividends and when a new project is needed make a secondary offering and dilute the asset/share ratio?

To state a fact, neither is happening a DCTY but since you brought it up, I feeel that this is a time to ask others opinion.

And as a side note, is there anyone here trading in CapEx that is simply buying stocks and holding them to collect a dividend?

A simple 1L per share company that offers a .05 dividend every month would take almost 2 years to show a profit on the purchase, but a company that maintains a share value and when you purchase at below that maintained share value will get you a immediate return.

So tell me what is better, a CEO that doesn't maintain the share value at a high value or a CEO that lets the stock drop to sub 1L value and when things get tough walks away, and we all know who I am refering to on that.

-Scott

in topic What's with this share. Who so high LOL by Scott Nestler ]]> Wed, 14 May 2008 06:05:48 -0700 http://slcapex.com/forums/topic/DCTY/1843/13049 http://slcapex.com/forums/topic/DCTY/1843
I don't think there is a problem with a high shareprice so I would agree with Ivan. The problem is that once a few 1000s of shares are sold for 6L then the company will claim to have 1.000.000 x 6L is 6 million company value.

On the other side, if the company manages to wager all million shares at such high prices it really will grow towards that level if the money wasn't to be pocketed for personal use.

Easy calculations can show. If someone IPO's 1 million shares for 1L$ and buys them all, then sells them for 6L, profit will be a whopping 5 million or if money stays in business, investments etc. value truely will be 6L. Who needs land and assets if the share is backed by hard (L$) currencies.

Goodluck with this company.

in topic What's with this share. Who so high LOL by Stryker Yoshikawa ]]> Wed, 14 May 2008 02:30:11 -0700 http://slcapex.com/forums/topic/DCTY/1843/13043 http://slcapex.com/forums/topic/DCTY/1843
in topic What's with this share. Who so high LOL by Pop Nightfire ]]> Mon, 12 May 2008 09:31:33 -0700 http://slcapex.com/forums/topic/DCTY/1843/12943 http://slcapex.com/forums/topic/DCTY/1843
Im not sure who said 'It is the CEO's job just to run the company' but they could not be more wrong. The job of a CEO is to create shareholder value and do everything they can to give shareholders a good return. Therefore if they can excert their influence to keep share price steady it is their duty to do this. A healthy steady shareprice here represents alot of happy shareholders - there is nothing wrong with that.

Cheers

Ivan

in topic What's with this share. Who so high LOL by Ivan Halfpint ]]> Mon, 12 May 2008 09:01:06 -0700 http://slcapex.com/forums/topic/DCTY/1843/12941 http://slcapex.com/forums/topic/DCTY/1843 Scott,

Disregard this buffoon. Shows up March 18th out of NOWHERE, owns ZERO Shares of ANYTHING and has a grand total of L$.02 on deposit yet claims to be an authority on valuations? Ha!

Bo

in topic What's with this share. Who so high LOL by Bogart Beck ]]> Mon, 12 May 2008 08:50:18 -0700 http://slcapex.com/forums/topic/DCTY/1843/12939 http://slcapex.com/forums/topic/DCTY/1843
Yes, I know the MV does not equal the intrinsic value of the company. But the greater the discrepancy, the larger the arbitrage opportunity. In this case, the market is way above the fair value of this stock, hence my sell recommendation.

I don't see how you can justify this valuation, nor do I think you understand the difference between share price and shareholder value.

in topic What's with this share. Who so high LOL by Pop Nightfire ]]> Mon, 12 May 2008 07:26:38 -0700 http://slcapex.com/forums/topic/DCTY/1843/12934 http://slcapex.com/forums/topic/DCTY/1843
The CEO's job is to manage everything, period.

The share price and the market value do not have to be equal, you see this all the time in RL.

This is economics 101, supply and demand, simple. As CEO I personnaly own over 40% of the shares and I can buy and sell those at my choosing. The 100k treasury shares in DCTY have not been touched since the company was formed.

Name another company currently trading that IPO'd 6 months ago that is trading 600% higher today?


in topic What's with this share. Who so high LOL by Scott Nestler ]]> Mon, 12 May 2008 06:57:54 -0700 http://slcapex.com/forums/topic/DCTY/1843/12932 http://slcapex.com/forums/topic/DCTY/1843
RECOMMENDATION: STRONG SELL
TARGET PRICE: L$2

in topic What's with this share. Who so high LOL by Pop Nightfire ]]> Mon, 12 May 2008 04:22:07 -0700 http://slcapex.com/forums/topic/DCTY/1843/12928 http://slcapex.com/forums/topic/DCTY/1843
just 11000 shares are not in major shareholders hands, that`s why the prize is so high (and stable).
"Investing" in that stock at 6 L$ a share is stupid imaho because it´s about 10-12 times overprized at this level.( i bought some just for fun, and still own 1 share)
But...a share is worth people are willing to pay for ;)



in topic What's with this share. Who so high LOL by Sportsbets Writer ]]> Sat, 10 May 2008 20:05:31 -0700 http://slcapex.com/forums/topic/DCTY/1843/12909 http://slcapex.com/forums/topic/DCTY/1424
http://www.nestlerinvestments.com/dcty/

Shipwreck Bay is undergoing a complete overhaul, all tenants are relocated to affiliated estates without a loss for DCTY.

Stay Tuned.....


in topic DTCY Monthy Financials by Scott Nestler ]]> Fri, 09 May 2008 13:51:02 -0700 http://slcapex.com/forums/topic/DCTY/1424/12844 http://slcapex.com/forums/topic/DCTY/1843 Stryker,

Most companies WANT their company trading at some MULTIPLE of their actual liquidation value or NAV.

#1 It helps keep DayTraders AWAY from the stock as it is less volatile than some of the bottom feeder stocks.

#2 By keeping a tight reign on the free float of DCTY it minimizes the opportunity for swing players or large shareholders to manipulate the shareprice for personal advantage.

#2 The liquidity that Scott does provide as the CEO and Market Maker for DCTY allows our shareholders to rotate out of DCTY at a profit at almost any time.

As the Chairman of the Board of DCTY I personally think Scott is doing EXACTLY what I as a shareholder would expect and want him to do. Good question though.

Bo Beck
Chairman, DCTY

in topic What's with this share. Who so high LOL by Bogart Beck ]]> Sun, 04 May 2008 16:51:07 -0700 http://slcapex.com/forums/topic/DCTY/1843/12644 http://slcapex.com/forums/topic/DCTY/1843
Between IPO and Jan 10th there were like more then half a million of shares traded on 1L. Now volumes are just a couple of thousand per day.

To show some numbers I copy a few of the largest out of history days.

2008-01-12 06:21:47,0.64,0.02,0.40,0.42,0.59,103501
2008-01-08 06:20:58,1.98,1.05,1.98,1.10,1.85,102897
2008-01-05 06:20:20,1.06,0.77,0.97,0.97,1.04,71992
2008-01-04 06:20:08,1.07,0.50,1.04,0.82,1.03,128976
2007-11-20 06:10:46,2.00,1.00,1.05,1.02,1.05,365597
2007-11-17 06:10:09,1.00,1.00,1.00,0.00,0.00,178254
2007-11-16 06:09:57,1.00,1.00,1.00,0.00,0.00,263463

IPO brought in 1L per share. Are you trying to make people believe you made 700% with the money? Impossible cause I know it's in land and it will bring only slowly decent revenue. But I'm sure the sell of your stock on these levels bring insiders some nice pocketmoney while buyers might just be a handfull of daytraders who believe it can phantomgrow even higher, loool.
Anyway people can do their own research and take their own conclusions. A company with 2 sims is worth about 2K US$ nowadays. That is if tiers are covered each month which isnt' too hard, you can make about 45K in tier each month per sim if well organised.

True value of assets of 2 sims, 2K USD is about 0.55L per share plus or minus revenue/costs from tier.

Anything else in assets or value to add? That's my question.

I think I'm gonna sell air in future instead of land cause its just limitless.





in topic What's with this share. Who so high LOL by Stryker Yoshikawa ]]> Sun, 04 May 2008 16:22:04 -0700 http://slcapex.com/forums/topic/DCTY/1843/12642 http://slcapex.com/forums/topic/DCTY/1843
DCTY hasn't traded that low since January....
As the CEO I can tell you that keeping that value of the stock high is one of my top priorities.

-Scott

in topic What's with this share. Who so high LOL by Scott Nestler ]]> Sun, 04 May 2008 08:51:27 -0700 http://slcapex.com/forums/topic/DCTY/1843/12634 http://slcapex.com/forums/topic/DCTY/1843
Even then I thought this was trading 1.15L per share not long ago which might already be higher as it's value.

Anyone can explain?

in topic What's with this share. Who so high LOL by Stryker Yoshikawa ]]> Sun, 04 May 2008 08:11:23 -0700 http://slcapex.com/forums/topic/DCTY/1843/12633 http://slcapex.com/forums/topic/DCTY/1424
-Scott

http://www.nestlerinvestments.com/dcty/

in topic DTCY Monthy Financials by Scott Nestler ]]> Thu, 10 Apr 2008 20:40:49 -0700 http://slcapex.com/forums/topic/DCTY/1424/11325 http://slcapex.com/forums/topic/DCTY/1724
Come join us for the party! Emmaleigh will be your DJ,
playing blues, classic rock, and anything to make you shake 'yer booty!

Get in the fun! Silliness required.

http://slurl.com/secondlife/Mutiny%20Bay/124/148/27/

Note: all future announcements will be sent to group only. There is a group invite at the entrance, or you can simply IM me, or even do a search for "MUTINY". Enrolment is free.

in topic MUTINY - OPENING tonight 6PM SLT by Yanik Lytton ]]> Thu, 03 Apr 2008 06:47:54 -0700 http://slcapex.com/forums/topic/DCTY/1724/11056 http://slcapex.com/forums/topic/DCTY/1044
As of this afternoon you may have noticed that a few small changes have occurred at Shipwreck, Trinity has decided to step down as our COO, Yanik Lytton has agreed to take her place. Trinity will remain active on the Board of Directors.

Now the good stuff, this afternoon we decided to lower our rental rates. Please check our rental boxes, houses are now as much as 300L a week lower than before , same prims and if you pay for 10 weeks you get 1 free.

Thank you all, if you have any questions or suggestions please do not hesitate to contact me.

Scott Nestler, CEO

http://slurl.com/secondlife/Shipwreck%20Bay/181/84/22

in topic Official Weekly Update - For CEO Posting Only by Scott Nestler ]]> Sun, 30 Mar 2008 20:29:40 -0700 http://slcapex.com/forums/topic/DCTY/1044/10873 http://slcapex.com/forums/topic/DCTY/1687
Come join us for the party! Emmaleigh will be your DJ,
playing blues, classic rock, and anything to make you shake 'yer booty!
Get in the fun! Silliness required.

If interested in joining the team, please get in touch with
Yanik Lytton or Sarwat Miles.
Looking for hostesses/DJ with experience to fill
US and EU shifts. 100% tips.

[url]http://slurl.com/secondlife/Mutiny%20Bay/124/148/27/?img=http%3A//www.slprofiles.com/pictures/155408.jpg%3F5018&title=Mutiny%20%28Club%20and%20Lounge%29
[/url]

Yanik

in topic OPENING NIGHT @ MUTINY by Yanik Lytton ]]> Fri, 28 Mar 2008 07:50:39 -0700 http://slcapex.com/forums/topic/DCTY/1687/10763 http://slcapex.com/forums/topic/DCTY/1424
February was a great month for DCTY, Shipwreck Bay has great residents and shops.

67% of our Stores are rented..................60% of our housing is rented

Mutiny Bay is almost finished, our 2nd sim.

Come check out the great work our team has accomplished.

Oh, I almost forgot.......Our first dividend is officially issued.

Scott Nestler
CEO, DCTY

Financial s are posted: http://www.nestlerinvestments.com/dcty/

in topic DTCY Monthy Financials by Scott Nestler ]]> Mon, 10 Mar 2008 19:47:17 -0700 http://slcapex.com/forums/topic/DCTY/1424/10106 http://slcapex.com/forums/topic/DCTY/1602
in topic DCTY Strong Buy I´m all-in by Sportsbets Writer ]]> Sun, 09 Mar 2008 00:07:18 -0800 http://slcapex.com/forums/topic/DCTY/1602/10013 http://slcapex.com/forums/topic/DCTY/1602 Gooooo DCTY buy up these cheap shares ppl :D

in topic DCTY Strong Buy I´m all-in by Sportsbets Writer ]]> Sat, 08 Mar 2008 20:18:36 -0800 http://slcapex.com/forums/topic/DCTY/1602/10008 http://slcapex.com/forums/topic/DCTY/1602
in topic DCTY Strong Buy I´m all-in by Eatsome Donat ]]> Sat, 08 Mar 2008 08:30:50 -0800 http://slcapex.com/forums/topic/DCTY/1602/9992 http://slcapex.com/forums/topic/DCTY/1602 Maybe i have good heart next week and sell you some @10.00.


in topic DCTY Strong Buy I´m all-in by Sportsbets Writer ]]> Sat, 08 Mar 2008 06:27:35 -0800 http://slcapex.com/forums/topic/DCTY/1602/9987 http://slcapex.com/forums/topic/DCTY/1602
in topic DCTY Strong Buy I´m all-in by Eatsome Donat ]]> Sat, 08 Mar 2008 06:15:02 -0800 http://slcapex.com/forums/topic/DCTY/1602/9986 http://slcapex.com/forums/topic/DCTY/1602
in topic DCTY Strong Buy I´m all-in by Sportsbets Writer ]]> Sat, 08 Mar 2008 01:01:37 -0800 http://slcapex.com/forums/topic/DCTY/1602/9976 http://slcapex.com/forums/topic/DCTY/1424
Next, when Capex converted to SWallet, lots of people decided to buy whatever they could to empty their account balances. If you are part of the management of one company, i guess that is where you would put your money, no? DCTY price went up.

Cadence stated to my post on MNM forum that she has no control on the stock price. False. Management of DCTY owns a very large part of the shares, while MNM management holds just above 50%. This leaves a lot of oppotunities for investors to crash the price. Which they are obviously doing right now. (note: she manipulated the price of GIIF to have it over 30$L if not 40$L at times). Now that would be a good comparison to make... MNM vs GIIF. Same owner :)

With owners of companies holding more than 80% of the shares, the price can stay wherever they chose, even if no profit, no dividends are paid, etc. I could give you some company names giving a 0.01 dividend each month, almost never posting anything, financials always 3 weeks late, and the price is as stable as the Lindex.

I don't think MNM is a scam like someone said, but it sure could need a better PR team. Sorry Cadence. Or maybe keeping a low profile for a while would be better.

That's a few things differencing both companies. I'm sure they are many others. Maybe Bo or Scott could add to it.

Yanik



in topic DTCY Monthy Financials by Yanik Lytton ]]> Fri, 07 Mar 2008 08:01:16 -0800 http://slcapex.com/forums/topic/DCTY/1424/9952 http://slcapex.com/forums/topic/DCTY/1424
However here is DCTY which IPO'd at 1 Linden if I remember right, please correct me if I am wrong, and is now selling for almot 5 Lindens. However the finacials posted show a negative balance for 2 or 3 months!

I have always maintained that I am not a financial guru (I slept alot in my Investments class in college), but I don't understand how a company who is showing a negative Income statement (DCTY) can be valued 5 times higher than it's original IPO value, whereas a startup company is so undervalued based on one income statement showing a positive balance can be valued well below its IPO price. Aside from where we feel the IPO price should have been based on number of shares,I still don't understand the negative "press" that this stock is receiving. I would put it at a "HOLD" at best. Wait for the dividend I would think.

As iVentures pointed out in another forum, the SL Exchange is a game for us to learn in and for us to measure our tolerance to risk. I agree with that. My tolerance for risk for this stock was fairly high, but at a 3.50 to 4.50 level, not at what it is trading for now. That is why I would like to understand the thinking behind the valuations between this stock and DCTY for example. The comparison between DCTY and MNM offers a learning opportunity.

Someone please "learn" me! :)

Thanks.

in topic DTCY Monthy Financials by Arnaud Villota ]]> Thu, 06 Mar 2008 17:48:31 -0800 http://slcapex.com/forums/topic/DCTY/1424/9921