http://slcapex.com/forums/browse/BTR en-us Mon, 05 Jan 2009 19:16:15 -0800 Mon, 05 Jan 2009 19:16:15 -0800 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/BTR/1233 Bogart Beck Disclosure & Holdings Statement as of 08/01/2008

Update & Holdings Disclosure for Period Ending 07/31/2008 11:59PM SLT - Bo Beck

I will be working on the July Financial Statements for BIG, BTR and SLCX this week and expect to post them no later than Friday August 08, 2008.

As a seperately cautionary note I'm advising all that I will be travelling extensively this next month - it's Soccer Tournament Season here in District VI. I will be checking GMail and SL when available but am making no promises! In my absense please contact Arbitrage Wise for any SL CapEx issues and Kaffe McMahon for any BAY issues... BIG & BTR will take care of themselves while I'm away.

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX), as well as various assets I manage on behalf of SL CapEx;

My Cash (Avatar) - L$800,000.00

SL CapEx CASH Equivalents ($Linden)
===================================
Beck Investment Group (BIG) 7,823.58
Beck Technical Research (BTR) 6,351.52
Bogart Beck Main 2,726.67
JT Investment Fund 0.00
SL CapEx Fraud Fund 6,093.93
SL CapEx GP 0.00
SL CapEx LongTerm Investments 0.00
Trustee Account - Allenvest 0.00

Personal Holdings
=================
BIG - Beck Investment Group 1,000,001 Shares 6,050,006.06 NPV
BTR - Beck Technical Research 1,000,001 Shares 6,490,006.49 NPV
NIC - Nestler Investment Corp 1,000,001 Shares 930,000.93 NPV
SLCX - SL CapEx 7,800,001 Shares 1,638,000.21 NPV
SLW - SL Wallet 250,001 Shares 47,500.19 NPV

Beck Investment Group (BIG)
===========================
BIG - Beck Investment Group 500,001 Shares 3,025,006.05 NPV
BTR - Beck Technical Research 139,639 Shares 906,257.11 NPV
NIC - Nestler Investment Corp. 150,001 Shares 139,500.93 NPV
RCP - Royal Chartered Properties 50,001 Shares 46,000.92 NPV
SLR - SL Reports 149,001 Shares 111,750.75 NPV
SLW - SLWallet.com 365,001 Shares 69,350.19 NPV
VBL - Verballis Translation Svc's. 11,001 Shares 62,595.69 NPV
ZEN - Zhenya Zoning Real Estate 10,001 Shares 12,001.20 NPV

Beck Technical Research (BTR)
=============================
BIG - Beck Investment Group 160,001 Shares 968,006.05 NPV
BTR - Beck Technical Research 500,001 Shares 3,245,006.49 NPV
DCTY - DreamCities.net 12,0101 Shares 438,368.65 NPV

JT Investment Fund
===================
MECH - Riot Mechs 90,001 Shares 25,200.21 NPV
WPM - Wise Property Managemnt 100,001 Shares 64,000.64 NPV

SL CapEx Fraud Fund
====================
HBK - [ hoorenbeek ] 60,001 Shares 45,600.76 NPV
INC - Innovative Inc. 26,001 Shares 22,620.87 NPV
KDC - Karlfeldt & Delgado 100,001 Shares 65,000.65 NPV
MECH - Riot Mechs 15,001 Shares 4,200.28 NPV
MNM - MetaNetwork Media 5,001 Shares 2,950.59 NPV
NDX - Innovative Index Fund 5,001 Shares 15,753.15 NPV
SLR - SL Reports 50,001 Shares 37,500.75 NPV
SLW - SLWallet.com 875,001 Shares 166,250.19 NPV
VBL - Verballis Translation Svc's. 4,501 Shares 25,610.69 NPV
XXX - Tropical Temptations 1,501 Shares 1,546.03 NPV
YEP - Yellow Paperclip Corp 3,001 Shares 4,441.48 NPV

SL CapEx GP Fund
=================
NIC - Nestler Investment Corp 150,001 Shares 139,500.93 NPV
SLW - SLWallet.com 2,760,000 Shares 524,400.19 NPV

SL CapEx LongTerm Investments
==============================
SLW - SLWallet.com 750,001 Shares 142,500.19 NPV
WPM - Wise Property Managemnt 100,001 Shares 64,000.64 NPV

Trustee Account - Allenvest
============================
Zero Shares Held at this time.

in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Fri, 01 Aug 2008 02:27:31 -0700 http://slcapex.com/forums/topic/BTR/1233/15199 http://slcapex.com/forums/topic/BTR/1235 iV,

I don't believe there have been any NEW announcements since the original one (unless you've read something I haven't).

in topic CEO Q&A by Bogart Beck ]]> Tue, 08 Jul 2008 10:41:53 -0700 http://slcapex.com/forums/topic/BTR/1235/14700 http://slcapex.com/forums/topic/BTR/1235
Thanks.

iV

in topic CEO Q&A by iVentures Volitant ]]> Tue, 08 Jul 2008 10:00:56 -0700 http://slcapex.com/forums/topic/BTR/1235/14699 http://slcapex.com/forums/topic/BTR/2061 Beck Technical Research (BTR) Board Approves Resolution - 07/08/2008
====================================================================

To our Shareholders and other interested parties,

I've mentioned recently in the BTR Financial Statements for both May and June 2008 that the Board of Directors of BTR has been considering various structural options for moving BTR forward and unlocking Asset value for our shareholders.

To that end I am pleased to report this morning that the BTR Board of Directors have unanimously APPROVED a Resolution to "spin out" our recent SIM Development effort (BIG Estate) into its own public-traded entity.

As we have done previously with BBX:BIG/BTR, this transaction has been proposed as a technical Reverse-Merger of BTR wherein the asset base of BTR is to be seperated into two seperate asset classes with such assets being divided into two NEW surviving entities whose COMBINED VALUE EQUALS the current BTR Asset valuation. I, and the Board of Directors are confident that the resulting corporate structure would be poised to perform BETTER in the SL Capital Markets than BTR would likely accomplish on its own.

This specific strategy is consistent with the objectives that were outlined in the BTR Prospectus and Strategic Plan articulated when the BBX:BIG/BTR split was consumated at year end. Folks that may be interested in BTR's strategies can find them at the following URL http://www.slcapex.com/symbol/BTR/profile

BIG Estate has been successfully incubated and is now fully-baked and is finally ready to stand on its own with its own Brand Identity and Management Team! As such, I am VERY pleased to announce that BTR's Board has nominated Ms. Kaffe McMahon to serve as Chief Executive Officer of the NEW Entity. Ms. McMahon is a well-respected SL innovator with a quantifiable track record of successful Estate Management and SL Event Marketing - attributes that are critical to the success of any SIM Operation. Ms. McMahon will formally join our team immediately upon completion of the Reverse-Merger - tentatively scheduled to close by July Month-End. In the interim Kaffe is working with us on a contract consultative basis to make certain that we enter the market with momentum and all oars in the water.

I am also VERY pleased to announce that Ms. Yanik Lytton has been nominated to serve as the NEW entity's inaugural Independent Director. At present Ms. Lytton serves on the Board of Directors of Nestler Investment Corp. (NIC) and Dreamcities.net (DCTY). It is indeed no accident that I chose to locate our SIM within the same Estate that both NIC's and DCTY's SIMS are located. Ms. Lyttons input regarding Estate continuity and operational oversight will be invaluable assets to us as we move forward.

Tentatively, the NEW Entity has been proposed to be named "Barbary Shores Association" and is anticipated to commence trading on the SL Capital Exchange as (BAR) by month-end. I have appended the BTR Board of Directors Resolution to the bottom of this press release and will post it in the BTR Forum for review and comment by our shareholders. As always, should you have any questions regarding BTR or this Resolution please do not hesitate to drop me a note in-world or via GMail Bogart.Beck@Gmail.com - I look forward to your input and comments!

Respectfully,

Bo Beck
BTR CEO

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

from: Bogart Beck

to: Steve Smith ,
Kubi Beam ,
kaffemcmahom ,
Yanik Lytton ,
Scott Nestler

date: Jul 6, 2008 3:01 PM

subject: BOD Resolution for Reverse-Merger of BTR...

Travis,

When you get a chance please review the BTR Fiancials and Forward Guidance for this month (posted very early this AM at http://www.slcapex.com/home/story/BTR/1809 ).

I talked with Kubi this afternoon (chat log appended below) and have his approval to move forward with the first BTR Spinout pursuant to the Prospectus and strategic plan.

As a Boardmember I'd like your concurance on the following items before we move forward, as follows;

(1) Board Resolution Approving Reverse Merger of BTR into (2) Seperate Tracking Stocks
(A) BTR ticker change to BTX (to allow Prospectus to be updated to remove the FIXED Income/Preferred Share description (comply w/ LL Guaranteed ROI ban).
(B) NEWCO to be named Barbary Shores Association with a Ticker of "BAR" and thereafter authorized for Trading on the SL CapEx common Market system.
(1) Current BTR SIM (BIG Estates) to be re-named Barbary Shores
(2) Said SIM (Barbary Shores) will be continue to be part of the Barbary Coast Estate jointly managed by NIC, DCTY & BAR

(2) Reverse-Merger Share Allocation
(A) Issue (1) NEW share of BAR for each BTR share to BTR shareholders of record at closing (Estimated to be 07/31 or thereabouts)
(B) PLUS, Issue (1) NEW share of BTX for each BTR share to BTR shareholders of record at closing (BTR Shares then to be RETIRED).

(3) Reverse-Merger Valuation
(A) At the time of this writing BTR trades on average in a range between L$4.93 and L$5.35 per share (approximate 30 day moving average)
(B) Board to Authorize valuation of each of the new entities at approximately L$2.50 (+/-) 1/1:1 valuation thus preserving current shareholders investment.
(C) There shall be no immediate change in the % of shares held by Founder Bo Beck in either surviving entity (a simple voting majority of 50% + 1 share in each co.)
(D) There shall be no immediate change in the % of shares held in each surviving entity's Treasury EXCEPT as described in Article (5) (COMPENSATION) below.

(4) Board of Directors and Executive Appointments as follows;
(A) There will be NO Change to the BTR(BTX) Board make-up
(1) Bo Beck, Chairman, CEO
(2) Travis Ristow, Outside Director
(3) Kubi Beam, Outside Director
(B) The incumbant BTR/BTX Board shall approve nomination of the following parties for BAR Board and Executive Team to serve a (1) yr renewable term as defined in the current Charter (with a minimum of (1) Outside Director);
(1) Bo Beck, Chairman
(2) Kaffe McMahon, CEO, Director
(3) Yanik Lytton, Outside Director

(5) Board of Directors And Executive Compenation as follows;
(A) There shall be no change to the current compensation plan for BTR/BTX (ALL Officers sole compensation is via Dividend Distribution or Capital Gain Sale of shares personally held in the co)
(B) For valuable consideration and performance of duties as assigned by the Board of Directors of BAR the Chief Executive Oficer (CEO) shall be issued the following share GRANTS (from BAR Treasury).
(1) 100,000 RESTRICTED shares of BAR Common Stock. Said shares may NOT be liquidated for a period of (6) Months from acceptance of the position of CEO, and in no event earlier than 01/01/2009.
(a). In the event CEO resigns or otherwise vacates the position prior to 01/01/2009 ALL RESTRICTED shares shall be FORFEITED and returned to the Corporate Treasury).
(2) 100,000 Unrestricted shares of BAR Common Stock. Said shares may be tendered for Sale in any manner the CEO desires provided such Sale does NOT adversely affect the 30 day moving average of BAR).
(C) For valuable consideration and performance of duties as assigned by the Board of Directors of BAR the Outside Director (Independant BoardMember) shall be issued the following share GRANTS (from BAR Treasury).
(1) 100,000 RESTRICTED shares of BAR Common Stock. Said shares may NOT be liquidated for a period of (6) Months from acceptance of the position of Director, and in no event earlier than 01/01/2009.
(a). In the event said BoardMember resigns or otherwise vacates the position prior to 01/01/2009 ALL RESTRICTED shares shall be FORFEITED and returned to the Corporate Treasury).
(2) 100,000 Unrestricted shares of BAR Common Stock. Said shares may be tendered for Sale in any manner the Director desires provided such Sale does NOT adversely affect the 30 day moving average of BAR).

(6) Officer Roles & Reponsibilities
(A) There shall be no change to the previously defined Roles and Responsibilities for BTR/BTX Officers.
(B) Barbary Shores Association Officer Responsibilities shall be defined as follows;
(1) Chairman (Bo Beck) - Shall be responsible for strategic oversight of BAR including but not limited to Corporate Compliance, Financial Reporting and Shareholder advocacy.
(2) Outside Director (Yanik Lytton) - Shall serve as an independant advisor to the Chairman and Chief Executive Officer providing input on matters of strategic interest to the company including the following;
(a). Dividend Distribution
(b). Employee Compensation
(c). Strategic Direction
(d). Investor Relations
(e). Corporate Communication
(3) Chief Executive Officer (Kaffe McMahon) - Shall serve at the discretion of the Board of Directors and shall be responsible for the day-to-day tactical operation of the company including the following;
(a). Revenue and Income attainment including Rental pricing and Cost containment.
(b). SIM Occupancy and tenant relations.
(c). Marketing and Advertising (at budgetary levels not to exceed those authorized by the Board of Directors)
(d). Event Coordination as necessary to achieve targets (a), (b), and (c) above.
(e). Corporate Communication consistent with the BAR Board of Directors message including regular posting on the SL CapEx Forums and other communication means (e-mail, notecards, etc.).

(7) Finally, The BTR/BTX Board of Director shall approve acquisition of a NEW SIM and Development of its NEXT Project (a SPORTS & ENTERTAINMENT SIM currently under development independently)
(A). Said SIM is currently a Nestler Investment Co (NIC) excess inventory SIM - it will be re-located to the Barbary Coast Estate for inclusion in the NIC/DCTY/BAR/BTR confederation.
(B). BTX shall be authorized to commence Tier Payments on said SIM (name TBD) beginning September 15, 2008. NIC has agreed to pay all Tier on the SIM until September 15, 2008.
(C). BTX shall be authorized to co-develop the SPORTS Theme with a CONFIDENTIAL Third-Party in Exchange for Cash and/or Shares in BTX as reasonably necessary to complete the project nearterm.

Travis, Kubi, as always, THANK YOU for your participation and guidance regarding both BIG abd BTR. I am confident that the Resolutions described above are attainable and represent the best course of action at this time for BTR.

Please do not hesitate to contact me directly in world or via GMail (bogart.beck@gmail.com) should you have any questions regarding this communique. I'll hold this matter open until I've received comment from you both.

Again, thanks!

Bo Beck
BTR CEO

in topic Beck Technical Research (BTR) Board Approves Resolution - 07/08/2008 by Bogart Beck ]]> Tue, 08 Jul 2008 01:22:46 -0700 http://slcapex.com/forums/topic/BTR/2061/14692 http://slcapex.com/forums/topic/BTR/1234 BTR - Beck Technical Research - June 2008 Financials - Posted 07/06/2008

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

BTR Shareholders,

Most of my long-term shareholders will recall the chain of events that ultimately created BIG & BTR (essentially a reverse-merger of Bo Beck Group).
For our newest investors and those with short recall I'd like to direct your attention to the BTR Prospectus at the following URL...

http://www.slcapex.com/symbol/BTR/profile

...where the complete history and the BTR Strategic Plan is briefly outlined. Readers may also recall that last month I mentioned that BTR has substantially completed development of the BIG Estate SIM and that I would be exploring options to best monetize this investment for our shareholders. I also spun a little tease regarding BTR's latest development effort.

I am pleaed to report our intent to SPIN OUT the BIG ESTATE SIM into its own trading stock pursuant to the BTR Strategic Plan as described in the BTR Prospectus. I expect to be able to name a Chief Executive Officer and Board of Directors for the new entity (Name TBD) within the week and expect to have NEWCO trading as a fully-operational self-sustaining entity by month-end.

BTR Shareholders of record at time of closing can expect to recieve (1) share of NEWCO for each BTR share they currently hold. This transaction will reduce the valuation of BTR but such value will be fully recognized in the value of the NEWCO shares. Stay tuned to the BTR CapEx Forum for pending NEWS regarding the NEWCO CEO and Board of Directors - exciting times are ahead for this new entity!

I have already begun working on the NEXT development effort for BTR - a SPORTS and ENTERTAINMENT SIM that's just been plced immediately East of the SIM where the NEW SL CapEx Headquarters is located (Treasure Island - part of the Barbary Coast Estates managed by Nestler Investments).

The NEW BTR SIM will host a Futsal Arena and other attractions. I anticipate having this SIM online and ready for business by September first. Stay tuned!

So... what's the Bad News? Well...

BTR did not turn a profit this month - I've paid Tier out of our cash reserve. Honestly there has been lots of other activity that demanded attention other than short-term BTR Rentals. We finished the DCTY Redevelopment effort this month and have a HUGE SL CapEx policy change in the works that has been a major undertaking. Nonetheless I'm quite optimistic regarding BTR's forward prospects regardless of the SL Financial Markets, SL Economy or the apparent abundance of vacant SIMs. Those of you who have been with me a long while should know to expect the unexpected; for new passengers - welcome aboard! Strap in and enjoy the ride!

Want to know more? Drop me a line - bogart.beck@gmail.com

Thanks for playing!

Bogart Beck
BTR Chair & CEO

--------------------------------------------------------------------------------

SL CapEx: BTR) Beck Technical Research - INCOME STATEMENT
PERIOD ENDING 30-June-08

Revenue

Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $23,000.00
TOTAL SALES REVENUE $23,000.00

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $15,013.54
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $81,125.00
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $96,138.54

Gross Profit (Loss) $(73,138.54)
Gross Margin (%) -317.99%

Operating Expenses

Research & Development (NONE)
General and Administrative (Mgmt & Admin Salaries) (NONE) $-
Non Recurring (ONE-TIME) (NONE) $-
Others / Miscellaneous (OFC Furniture, etc.) (NONE) $-
TOTAL OPERATING EXPENSES $-

Operating Income or Loss $(73,138.54)
Operating Margin (%) -317.99%

Other Income from Continuing Operations

Other Income - (LAND SALES) $-
Other Income - Dividends Earned $7,720.04
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned (N/A) $-
TOTAL OTHER INCOME $7,720.04

Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $(65,418.50)

Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $(65,418.50)

Other Non-recurring Events

Less Costs for Discontinued Operations $-
Less Asset Impairment (Goodwill write-down-Suit Factory @ 100% ) $-
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $(65,418.50)
% of Revenue -284.43%

Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders L$0.01 /sh Paid 06/08/2008 $20,000.00
% of NIAS -30.57%

RETAINED EARNINGS $(85,418.50)
==============================

(SL CapEx: BTR) Beck Technical Research - balance sheet
PERIOD ENDING 30-June-08

Assets

Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $15,992.94
Short Term Invest. (150,001 shares of BIG held as Investment) $811,505.41
Net Receivables $-
Inventory (1x 485 JPG Inventory BBG Prints) Carried @ $L269.00 Each $130,465.00
Other Current Assets-The Suit Factory (L$) 0.00-100% Write-down 05/08) $-

Total Current Assets $957,963.35

PLUS

Long Term Investments (DCTY Investment - 165,751 shares) (NPV) $943,123.19
Property Plant and Equipment (Hard Assets)
Intangible Assets (Chromatique(tm) & Derivative Works)(Carry @ L$1.00) $1.00
Goodwill - NONE
Accumulated Amortization - NONE $-

Total Assets $1,901,087.54

Liabilities

Current Liabilities
Accounts Payable -July Tier - BIG Estates - Due 07/14/2008 to LL $81,125.00
Current Portion Due of Long Term Debt - NONE $-
Other Current Liabilities - NONE $-

Total Current Liabilities $81,125.00

PLUS

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

Total Liabilities $81,125.00

Stockholders' Equity

Preferred Stock $-
Common Stock - (BTR - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $(85,418.50)
Additional PAID-IN Capital $-
Treasury Stock - (BTR - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus $-
Other Stockholder Equity $1,885,381.04

Total Stockholder Equity $1,819,962.54

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,901,087.54
=====================================================

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $0.00

in topic Monthly Financial Reports by Bogart Beck ]]> Sun, 06 Jul 2008 01:45:51 -0700 http://slcapex.com/forums/topic/BTR/1234/14639 http://slcapex.com/forums/topic/BTR/1233 Bogart Beck Disclosure & Holdings Statement as of 07/01/2008

Update & Holdings Disclosure for Period Ending 06/30/2008 11:59PM SLT - Bo Beck

I will be working on the June Financial Statements for BIG, BTR and SLCX this week and expect to post them no later than Sunday July 06, 2008.

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX), as well as various assets I manage on behalf of SL CapEx;

My Cash (Avatar) - L$849,377.00

SL CapEx CASH Equivalents ($Linden)
===================================
Beck Investment Group (BIG) 849.33
Beck Technical Research (BTR) 15992.94
Bogart Beck Main 505.22
JT Investment Fund 0.00
SL CapEx Fraud Fund 8034.14
SL CapEx GP 8333.62
SL CapEx LongTerm Investments 0.00
Trustee Account - Allenvest 353,673.04 (note; disbursements pending)

Personal Holdings
=================
BIG - Beck Investment Group 1,000,001 Shares 5,410,005.41 NPV
BTR - Beck Technical Research 1,000,001 Shares 5,300,005.30 NPV
NIC - Nestler Investment Corp 1,000,002 Shares 940,001.88 NPV
SLCX - SL CapEx 7,62,5001 Shares 1,525,000.20 NPV

Beck Investment Group (BIG)
===========================
BIG - Beck Investment Group 500,001 Shares 2,705,005.41 NPV
BTR - Beck Technical Research 150,001 Shares 795,005.30 NPV
INC - Innovative Inc. 25,001 Shares 25,501.02 NPV
NIC - Nestler Investment Corp. 100,001 Shares 94,000.94 NPV
RCP - Royal Chartered Properties 50,001 Shares 50,001.00 NPV
SLR - SL Reports 115,001 Shares 73,600.64 NPV
SLW - SLWallet.com 250,001 Shares 55,000.22 NPV
VBL - Verballis Translation Svc's. 6,001 Shares 34,805.80 NPV

Beck Technical Research (BTR)
=============================
BIG - Beck Investment Group 150,001 Shares 811,505.41 NPV
BTR - Beck Technical Research 503,001 Shares 2,665,905.30 NPV
DCTY - DreamCities.net 165,751 Shares 943,123.19 NPV

JT Investment Fund
===================
MECH - Riot Mechs 100,001 Shares 49,000.49 NPV
WPM - Wise Property Managemnt 100,001 Shares 68,000.68 NPV

SL CapEx Fraud Fund
====================
BTR - Beck Technical Research 5,001 Shares 26,505.30 NPV
HBK - [ hoorenbeek ] 50,001 Shares 42,500.85 NPV
INC - Innovative Inc. 10,001 Shares 10,201.02 NPV
KDC - Karlfeldt & Delgado Capital 100,001 Shares 63,000.63 NPV
SLR - SL Reports 50,001 Shares 32,000.64 NPV
SLW - SLWallet.com 750,001 Shares 165,000.22 NPV
VBL - Verballis Translation Svc's 1,501 Shares 8,705.80 NPV
XXX - Tropical Temptations 17,501 Shares 8,750.50 NPV

SL CapEx GP Fund
=================
NIC - Nestler Investment Corp 150,001 Shares 141,000.94 NPV
SLW - SLWallet.com 2,000,000 Shares 440,000.22 NPV

SL CapEx LongTerm Investments
==============================
SLW - SLWallet.com 750,001 Shares 165,000.22 NPV
WPM - Wise Property Managemnt 100,001 Shares 68,000.68 NPV

Trustee Account - Allenvest
============================
Zero Shares Held at this time.

in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Tue, 01 Jul 2008 17:12:53 -0700 http://slcapex.com/forums/topic/BTR/1233/14563 http://slcapex.com/forums/topic/BTR/1234 BTR - Beck Technical Research - May 2008 Financials - Posted 05/05/2008

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

BTR Shareholders,

Again this month we've managed to earn a profit (albeit primarily from one short-term project). As I mentioned last month the BIG Estate SIM is now fully developed and ready for residential and commercial occupancy. Nearby you can enjoy the New Mutiny Club and can readily reach the SL CapEx HQ and ATM's just finished on Pirates Cove.

We will be co-marketing the BIG Estate and the rest of the DCTY/NIC/BTR partnership Estate very aggressively over the next few weeks and expect traffic on the Estate to increase significantly as we begin to fully integrate the SIMS.

So... if you're looking for a luxurious home or prime Retail space on a emerging and well-designed Master-Planned Multi-SIM Estate drop me an IM in world or send an email to bogart.beck@gmail.com and I'll give you a tour.

PS.... Bring your SL Wallet... maybe we can wallpaper!

Looking forward, the summer months have been historically slowww in the SL Financial Markets and in world over all - so why sit inside and play games?
Get out and take in some fresh air and sunshine... we'll keep a fire burnin' here for a few rainy days and nites! Don't forget to drop in and play awhile!

Over the next few months BTR's in-world effort and revenue opportunities will be focused almost entirely on and around the BIG/DCTY/NIC Estates Project mentioned above. Scott, Yanik and I have invested a ton of time and money into making this Estate a fun and tasteful Estate community we hope all can enjoy.

*** A question for all of BTR shareholders to consider if you will;

As most of you know I have held tightly to the treasury shares of BTR (and BIG actually) as part of our conscious effort to keep my entities very closely held and with very high share prices when compared to other SL securities. At some time over the next few months however we'll likely need to raise some capital for SIM expansion and for a very unique SL Entertainment Venture we have begun to consider for the Estate. The product is in BETA Test NOW - we're not ready to discuss our specific plan but I'm confident it will be very cool and ready for launch just in time for the Autumn back to SL ...er... school RUSH!

THE QUESTION: I'm not sure yet whether releasing Treasury shares into the market, doing a secondary offering, or whether even another split might make sense. I'm generally not inclined to consider a split and am also not convinced that a secondary will be received well into the market given the general sentiment and our share price... so, shareholders - what should we do?

I'll be paying Mays performance Dividend shortly - penny for your thoughts?

Drop me a line - bogart.beck@gmail.com

Thanks for playing!

Bogart Beck
BTR Chair & CEO

--------------------------------------------------------------------------------

SL CapEx: BTR) Beck Technical Research - INCOME STATEMENT
PERIOD ENDING 31-May-08

Revenue

Consolidated Revenue - Products &Services - (Estate Mgmt, etc) $118,000.00

TOTAL SALES REVENUE $118,000.00

LESS Cost of Sales (or Cost of Goods Sold) COGS

Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $10,887.77
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $81,125.00
(ALL) - Marketing & Advertising Expense (NONE) $-

TOTAL COST OF SALES $92,012.77

Gross Profit (Loss) $25,987.23
Gross Margin (%) 22.02%

Operating Expenses

Research & Development (NONE)
General and Administrative (Mgmt & Admin Salaries) (NONE) $-
Non Recurring (ONE-TIME) (NONE) $-
Others / Miscellaneous (OFC Furniture, etc.) (NONE) $-

TOTAL OPERATING EXPENSES $-

Operating Income or Loss $25,987.23
Operating Margin (%) 22.02%

Other Income from Continuing Operations

Other Income - (LAND SALES) (BIG Estate - C. Honi LOT - NW) $8,000.00
Other Income - Dividends Earned $8,775.04
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned (N/A) $-

TOTAL OTHER INCOME $16,775.04

Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $42,762.27

Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $42,762.27

Other Non-recurring Events
Less Costs for Discontinued Operations $-
Less Asset Impairment (Goodwill write-down-Suit Factory @ 100% ) $12,000.00
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $30,762.27
% of Revenue 26.07%

Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%

Less DIVIDEND to Common Stock Shareholders $25,000.00
% of NIAS 81.27%

RETAINED EARNINGS $5,762.27
============================


(SL CapEx: BTR) Beck Technical Research - balance sheet
PERIOD ENDING 31-May-08

Assets

Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $835.72
Short Term Invest. (108,001 shares of BIG held Short Term Invest) $462,244.48
Net Receivables $-
Inventory (1x 485 JPG Inventory BBG Prints) Carried @ $L269.00 Each $130,465.00
Other Current Assets-The Suit Factory (L$) 0.00-100% Write-down 05/08) $-

Total Current Assets $593,545.20

PLUS

Long Term Investments (DCTY Investment - 280,001 shares) (NPV) $1,680,006.00
Property Plant and Equipment (Hard Assets)
Intangible Assets (Chromatique(tm), etc.) (Carry @ L$1.00) $1.00
Goodwill - NONE
Accumulated Amortization - NONE $-

Total Assets $2,273,552.20

Liabilities

Current Liabilities
Accounts Payable -June Tier - BIG Estates - Due 06/11/2008 to LL $81,125.00
Current Portion Due of Long Term Debt - NONE $-
Other Current Liabilities - NONE $-

Total Current Liabilities $81,125.00

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

Total Liabilities $81,125.00

Stockholders' Equity
Preferred Stock $-
Common Stock - (BTR - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $5,762.27
Additional PAID-IN Capital $-
Treasury Stock - (BTR - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus $-
Other Stockholder Equity $2,166,664.93

Total Stockholder Equity $2,192,427.20

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $2,273,552.20

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $0.00


in topic Monthly Financial Reports by Bogart Beck ]]> Sun, 08 Jun 2008 01:26:33 -0700 http://slcapex.com/forums/topic/BTR/1234/14010 http://slcapex.com/forums/topic/BTR/1233 Bogart Beck Disclosure & Holdings Statement as of 06/01/2008

Update & Holdings Disclosure for Period Ending 05/31/2008 - Bo Beck

I will be working on the May Financial Statements for BIG, BTR and SLCX this week and expect to post them no later than Friday June 06, 2008 HOWEVER I have some RL commitments this week that could get in the way - will do my best! ;-).

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX), as well as various assets I manage on behalf of SL CapEx;

My Cash (Avatar) - L$498,897.00

SL CapEx CASH Equivalents ($Linden)
===================================
Beck Investment Group (BIG) 34,745.31
Beck Technical Research (BTR) 835.72
Bogart Beck Main 22,381.72
JT Investment Fund 0.00
SL CapEx Fraud Fund 972.37
SL CapEx GP 142,787.61
SL CapEx LongTerm Investments 0.00
Trustee Account - Allenvest 353,673.04

Personal Holdings
=================
BIG - Beck Investment Group 1,000,001 Shares 4,280,004.28 NPV
BTR - Beck Technical Research 1,000,001 Shares 4,960,004.96 NPV
NIC - Nestler Investment Corp 1,000,001 Shares 910,000.91 NPV
SLCX - SL CapEx 7,620,001 Shares 1,676,400.22 NPV

Beck Investment Group (BIG)
===========================
BIG - Beck Investment Group 503,001 Shares 2,152,844.28 NPV
BTR - Beck Technical Research 142,001 Shares 704,324.96 NPV
MNM - MetaNetwork Media 35,001 Shares 34,650.99 NPV
NDX - Innovative Index Fund 15,001 Shares 74,854.99 NPV
NIC - Nestler Investment Corp. 99,001 Shares 90,090.91 NPV
RCP - Royal Chartered Prop. 65,001 Shares 65,001.00 NPV
SLR - SL Reports 100,001 Shares 52,000.52 NPV
SLW - SLWallet.com 250,001 Shares 67,500.27 NPV
XXX - Tropical Temptations 35,001 Shares 27,300.78 NPV

Beck Technical Research (BTR)
=============================
BIG - Beck Investment Group 108,001 Shares 462,244.28 NPV
BTR - Beck Technical Research 500,001 Shares 2,480,004.96 NPV
DCTY - DreamCities.net 280,001 Shares 1,680,006.00 NPV

JT Investment Fund
===================
MECH - Riot Mechs 100,000 Shares 39,000.00 NPV
WPM - Wise Property Managemnt 100,001 Shares 57,000.57 NPV

SL CapEx Fraud Fund
====================
BTR - Beck Technical Research 13,001 Shares 64,484.96 NPV
HBK - [ hoorenbeek ] 60,001 Shares 18,000.30 NPV
KDC - Karlfeldt & Delgado Cap 150,001 Shares 129,000.86 NPV
SLR - SL Reports 30,001 Shares 15,600.52 NPV
SLW - SLWallet.com 620,001 Shares 167,400.27 NPV
WPM - Wise Property Management 75,001 Shares 42,750.57 NPV

SL CapEx GP Fund
=================
NIC - Nestler Investment Corp 176,001 Shares 160,160.91 NPV
SLW - SLWallet.com 910,001 Shares 245,700.27 NPV

SL CapEx LongTerm Investments
==============================
SLW - SLWallet.com 620,001 Shares 167,400.27 NPV
WPM - Wise Property Managemnt 15,001 Shares 8,550.57 NPV

Trustee Account - Allenvest
============================
Zero Shares Held at this time.

in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Sun, 01 Jun 2008 23:11:02 -0700 http://slcapex.com/forums/topic/BTR/1233/13825 http://slcapex.com/forums/topic/BTR/1234 BTR - Beck Technical Research - April 2008 Financials - Posted 05/05/2008

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

BTR Shareholders,

We earned a small profit this month which I'll be paying out as a dividend shortly - about L$25K. Thank you shareholders - we've turned the corner!

The BIG Estate SIM is now fully developed and ready for residential and commercial occupancy - we've landed out first tenants and I expect with advertising we'll be at breakeven occupancy by end of month. If you're looking for a luxurious home or prime Retail space near the NEW SL Capital Exchange HQ (yes, it's MOVING THIS MONTH!) drop me an IM in world or send an email to bogart.beck@gmail.com

Bogart Beck
BTR Chair & CEO

--------------------------------------------------------------------------------

SL CapEx: BTR) Beck Technical Research - INCOME STATEMENT
PERIOD ENDING 30-Apr-08

Revenue

Consolidated Revenue - Products and Services $100,000.00
TOTAL SALES REVENUE $100,000.00

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $3,655.39
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $81,125.00
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $84,780.39

Gross Profit (Loss) $15,219.61
Gross Margin (%) 15.22%

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

Operating Income or Loss $15,219.61
Operating Margin (%) 15.22%

Other Income from Continuing Operations
Other Income - (LAND SALES) (NONE) $-
Other Income - Dividends Earned $2,500.03
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned $-

TOTAL OTHER INCOME $2,500.03

Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $17,719.64
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $17,719.64

Other Non-recurring Events
Less Costs for Discontinued Operations $-
Less Asset Impairment (GoodWill write-down) $-
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $17,719.64
% of Revenue 17.72%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Stock Shareholders $-
% of NIAS 0.00%

RETAINED EARNINGS $17,719.64
============================

(SL CapEx: BTR) Beck Technical Research
PERIOD ENDING 30-Apr-08

Assets

Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $3,680.68
Short Term Invest. (102,001 shares of BIG held as Investment) $475,324.66
Net Receivables $-
Inventory (1x 485 JPG Inventory BBG Prints) Carried @ $L269.00 Each $130,465.00
Other Current Assets - "The Suit Factory" (Orig. Prims @ Acq Cost) $12,000.00

Total Current Assets $621,470.34
PLUS
Long Term Investments (DCTY Investment - 333,333 shares) (NPV) $2,033,331.30
Property Plant and Equipment (Hard Assets)
Intangible Assets (Chromatique(tm) & ScriptS) (Carry @ L$1.00) $1.00
Goodwill - NONE $-
Accumulated Amortization - NONE $-

Total Assets $2,654,802.64

Liabilities

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

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

Total Liabilities $-

Stockholders' Equity
Preferred Stock $-
Common Stock - (BTR - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $17,719.64
Additional PAID-IN Capital $-
Treasury Stock - (BTR - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus $-
Other Stockholder Equity $2,617,083.00

Total Stockholder Equity $2,654,802.64

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $2,654,802.64

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $0.00

in topic Monthly Financial Reports by Bogart Beck ]]> Mon, 05 May 2008 22:55:55 -0700 http://slcapex.com/forums/topic/BTR/1234/12695 http://slcapex.com/forums/topic/BTR/1233 Bogart Beck Disclosure & Holdings Statement as of 04/30/2008

Update & Holdings Disclosure for Period Ending 04/30/2008 - Bo Beck

I will be working on the April Financial Statements for BIG, BTR and SLCX this week and expect to post them some time late in the week, perhaps not until Saturday 05/10/2008.

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX), as well as various assets I manage on behalf of SL CapEx;

My Cash (Avatar) - L$899,998.00

CapEx CASH Equivalents ($Linden)
================================
Beck Investment Group (BIG) 12431.09
Beck Technical Research (BTR) 3680.68
Bogart Beck Main 9425.38
JT Investment Fund 0.00
SL CapEx Fraud Fund 1785.26
SL CapEx GP 0.00
SL CapEx LongTerm Investments 0.00
Trustee Account - Allenvest 353,673.04

Personal Holdings as of 04/30/2008
==================================
BIG - Beck Investment Group - 1,000,001 Shares @ L$4,660,004.66 NPV
BTR - Beck Technical Research - 1,000,001 Shares @ L$7,670,007.67 NPV
SLCX - SL CapEx - 7,600,001 Shares @ L$2,128,000.28 NPV

Beck Investment Group (BIG)
===========================
BIG - Beck Investment Group (Treasury) - 500,001 Shares @ L$ 2,330,004.66 NPV
BTR - Beck Technical Research - 135,001 Shares @ L$ 1,035,457.67 NPV
MNM - MetaNetwork Media - 100,001 Shares @ L$ 192,001.92 NPV
NDX - Innovative Index Fund - 13,501 Shares @ L$ 67,369.99 NPV
NIC - Nestler Investment Corp. - 250,002 Shares @ L$ 250,002.00 NPV
RCP - Royal Chartered Properties - 100,001 Shares @ L$ 94,000.94 NPV
SLR - SL Reports - 100,001 Shares @ L$ 56,000.56 NPV
Beck Technical Research (BTR)
=============================
BIG - Beck Investment Group - 102,001 Shares @ L$ 475,324.66 NPV
BTR - Beck Technical Research (Treasury) - 500,001 Shares @ L$ 3,835,007 NPV
DCTY - DreamCities.net - 333,333 Shares @ L$ 2,033,331.30 NPV

JT Investment Fund
===================
MECH - Riot Mechs - 100,000 Shares @ L$ 84,000.00 NPV
WPM - Wise Property Management - 100,001 Shares @ L$ 64,000.64 NPV

SL CapEx Fraud Fund
====================
BTR - Beck Technical Research - 25,001 Shares @ L$ 191,757.67 NPV
INC - Innovative Inc. - 25,001 Shares @ L$ 24,000.96 NPV
KDC - Karlfeldt & Delgado Capital - 150,001 Shares @ L$ 147,000.98 NPV
SLR - SL Reports - 50,001 Shares @ L$ 28,000.56 NPV
SLW - SLWallet.com - 400,001 Shares @ L$ 232,000.58 NPV
TNW - TNW Designs & R.E. - 102 Shares @ L$ 0.00 NPV (to be DELISTED)
WPM - Wise Property Management - 75,001 Shares @ L$ 48,000.64 NPV
YEP - Yellow Paperclip Corp - 20,001 Shares @ L$ 41,602.08 NPV

SL CapEx GP Fund
=================
SLW - SLWallet.com - 600,001 Shares @ L$ 348,000.58 NPV

SL CapEx LongTerm Investments
==============================
SLR - SL Reports - 10,001 Shares @ L$ 5,600.56 NPV
SLW - SLWallet.com - 450,001 Shares @ L$ 261,000.58 NPV
WPM - Wise Property Management - 15,001 Shares @ L$ 9,600.64 NPV
YEP - Yellow Paperclip Corp - 10,001 Shares @ L$ 20,802.08 NPV

Trustee Account - Allenvest
============================
Zero Shares Held at this time.

in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Sat, 03 May 2008 10:24:07 -0700 http://slcapex.com/forums/topic/BTR/1233/12607 http://slcapex.com/forums/topic/BTR/1234 BTR - Beck Technical Research - March 2008 Financials - Posted 04/05/2008

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

BTR Shareholders,

March 2008 has proven to be a very interesting month for BTR as we find ourselves in a season of transition with regard to the BTR Business Strategy. As you might recall, BTR was originally concieved as a technology incubator as part of the BBX Reverse Merger that created both BIG and BTR. One of our original product concepts, (The derivative works script and DRM/Digital Rights Management strategy), has proven itself to be unworkable in its current form. To be honest the challenge is two-fold; my inability to find a programmer that I'm comfortable has the appropriate skills to deliver what I want, nd more importantly a complete lack of confidence in the current open source alternative grid development efforts. For now we need to table the DRM development effort. I may resurrect it if the landscape changes - no charges against the balance sheet have been incurred.

Additionally, you may recall that I de-rezzed the Bo Beck Group Gallery in early January when our SIM landlord decided to relocate their club. At the time the Gallery was not generating sufficient income to justify renewing our lease on the new SIM. On to the good stuff....

A few of you are aware that I have been working on a large-scale SIM Estate development with a couple of partners. This really came about as part of SIM salvage effort after the founder of an SL CapEx Company (DreamCities - DCTY) decided to abandon his effort shortly after IPO. Over the last 60 days we have managed to pull together (8) seperate SIMS into an Estate Confederation consisting of properties owned by myself, Scott Nestler, Sully O Kelly and Arbitrage Wise.

This New Estate Confederation sharing a common Covenant regardless of SIM ownership has been developed as a mixed-use community/village with both residential, retail and corporate/commercial properties available (both rental and purchase options available). I am confident that you will find several SL CapEx listed companies headquartered on this new Estate within the month... Stay Tuned!

BTR has also purchased the prim assets/inventory and IP rights to a small mens clothing line that we'll begin test marketing in April on the BTR SIM. I will also be re-rezzing the Bo Beck Gallery on the Estate as our new Gallery home.

While our retained earnings in March are negative due to our SIM startup costs(we've not yet begun accepting rents on the SIM yet are paying tier), we were able to grow the BTR Asset base by over L$1.156 M (nearly 30% growth in one month). Our Shareholders Equity in BTR now stands at just over $L3M - not bad for three months operation.

I expect will be able to pay a handsome dividend this time next month - please hang in there!


Until next month - Blessings!

Bogart Beck
BTR Chair & CEO

--------------------------------------------------------------------------------

(SL CapEx: BTR) Beck Technical Research - INCOME STATEMENT
PERIOD ENDING 31-Mar-08

Revenue
Consolidated Revenue - Products and Services $20,000.00
TOTAL SALES REVENUE $20,000.00

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services (NONE) $-
Sales Commissions Paid on Sale of Stock (NONE) $-
Real Estate Tier Paid & Commissions Paid on Sale of RE $81,125.00
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $81,125.00

Gross Profit (Loss) $(61,125.00)
Gross Margin (%) -305.63%

Operating Expenses
Research & Development (NONE) $-
General and Administrative (Mgmt & Admin Salaries) (NONE) $-
Non Recurring (1x) (Co Purc. 3/22 - "The Suit Factory") $12,000.00
Others / Miscellaneous (OFC Furniture, etc.) (NONE) $-
TOTAL OPERATING EXPENSES $12,000.00

Operating Income or Loss $(73,125.00)
Operating Margin (%) -365.63%
Other Income from Continuing Operations
Other Income - (LAND SALES) (NONE) $-
Other Income - Dividends Earned $13,908.35
Interest Earned on DEPOSITS or CD's (Short Term Invest.)(NONE) $-
Misc. Income - (NONE) $-
TOTAL OTHER INCOME $13,908.35

Less Other Expenses (NET) (NONE) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $(59,216.65)
Less Interest Expense (NONE) $-
Less Income Tax Expense (NONE) $-
Less Asset Depreciation (NET From Balance Sheet) (NONE) $-
Less Other Adjustments (NONE) $-

NET INCOME FROM CONTINUING OPERATIONS $(59,216.65)

Other Non-recurring Events
Less Costs for Discontinued Operations (NONE) $-
Less Asset Impairment (GoodWill write-down) (NONE) $-
Less Effect Of Accounting Changes (NONE) $-
Less Other Items (NONE) $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $(59,216.65)
% of Revenue -296.08%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Stock Shareholders $-
% of NIAS 0.00%

RETAINED EARNINGS $(59,216.65)
==============================

(SL CapEx: BTR) Beck Technical Research - BALANCE SHEET
PERIOD ENDING 29-Feb-08

Assets
Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $776.13
Short Term Invest. (100,001 shares of BIG held by BTR) $417,004.17
Net Receivables (NONE) $-
Inventory (1x 485 JPG BBG Prints) Carried @ $L269 ea. $130,465.00
Other Current Assets - "The Suit Factory" (Acq Cost) $12,000.00

Total Current Assets $560,245.30

PLUS
Long Term Investments (DCTY Investment - 350,001 shares) (NPV) $2,450,007.00
Property Plant and Equipment (Hard Assets) (NONE Declared) $-
Intangible Assets (Chromatique(tm) & Deriv. Works Script (Carry @ L$1.00) $1.00
Goodwill - (NONE) $-
Accumulated Amortization - (NONE) $-

Total Assets $3,010,253.30

Liabilities

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

Total Current Liabilities (NONE) $0.00

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

Total Liabilities (NONE) $0.00

Stockholders' Equity

Preferred Stock (NONE) $-
Common Stock - (BTR - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $(59,216.65)
Additional PAID-IN Capital (NONE) $-
Treasury Stock - (BTR - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus (NONE) $-
Other Stockholder Equity $3,049,469.95

Total Stockholder Equity $3,010,253.30

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $3,010,253.30
=====================================================

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $(0.00)


in topic Monthly Financial Reports by Bogart Beck ]]> Sat, 05 Apr 2008 00:36:22 -0700 http://slcapex.com/forums/topic/BTR/1234/11135 http://slcapex.com/forums/topic/BTR/1233 03/31/2008, 01:43AM (SLT) by Bogart Beck

Weekly Update & Holdings Disclosure - 03/31/2008 - Bo Beck

I will be working on the March Financial Statements for BIG, BTR and SLCX this week and expect to post them some time late in the week, perhaps Saturday.

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX), as well as various assets I manage on behalf of SL CapEx;

My Cash (Avatar) - L$900,000.00

CapEx CASH Equivalents ($Linden)
================================
Beck Investment Group (BIG) 820.86
Beck Technical Research (BTR) 776.13
Bogart Beck Main 144846.41
SL CapEx Fraud Fund 48946.46
Trustee Account - Allenvest 1066163.04
All other Sub-Accounts 0.00

Personal Holdings - as of 03/31/2008
====================================
BIG Beck Investment Group 1,000,001 shares NPV 4,170,004.17
BTR Beck Technical Research 1,000,001 shares NPV 5,740,005.74
SLCX SL CapEx 7,600,001 shares MPV 1,900,000.25

Beck Investment Group (BIG) - Assets Under Management as of 03/31/2008
======================================================================
BIG Beck Investment Group 500,001 (TREASURY Shares) NPV 2,085,004.17
BTR Beck Technical Research 125,001 shares NPV 717,505.74
MNM MetaNetwork Media 100,001 shares NPV 171,001.71
NIC Nestler Investment Corp. 150,002 (IPO) shares NPV 150,002.00
RCP Royal Chartered Properties 125,001 shares NPV 113,750.91
SLR SL Reports 100,001 shares NPV 65,000.65

Beck Technical Research (BTR) - Assets Under Management as of 03/31/2008
========================================================================
BIG Beck Investment Group 100,001 shares NPV 417,004.17
BTR Beck Technical Research 500,001 (TREASURY Shares) NPV 2,870,005.74
DCTY DreamCities.net 350,001 shares MPV 2,450,007.00

JT Investment Fund - Assets Under Management as of 03/31/2008
=============================================================
MECH Riot Mechs 100,000 shares NPV 90,000.00
WPM Wise Property Management 100,001 shares NPV 71,000.71

SL CapEx Fraud Fund - Assets Under Management as of 03/31/2008
==============================================================
BTR Beck Technical Research 25,001 shares NPV 143,505.74
INC Innovative Inc. 25,001 shares NPV 22,750.91
KDC Karlfeldt & Delgado Capital 150,001 shares NPV 213,001.42
SLR SL Reports 50,001 shares NPV 32,500.65
SLW SLWallet.com 400,001 shares NPV 264,000.66
WPM Wise Property Management 75,001 shares NPV 53,250.71
YEP Yellow Paperclip Corp 20,001 shares NPV 41,802.09

SL CapEx GP Fund - Assets Under Management as of 03/31/2008
===========================================================
SLW SLWallet.com 600,001 shares NPV 396,000.66

SL CapEx LongTerm Investment Portfolio - as of 03/31/2008 =========================================================
SLR SL Reports 10,001 shares NPV 6,500.65
SLW SLWallet.com 450,001 shares NPV 297,000.66
WPM Wise Property Management 15,001 shares NPV 10,650.71
YEP Yellow Paperclip Corp 10,001 shares NPV 20,902.09

Trustee Account - Allenvest
===========================
ZERO Securities currently held in Trustee Portfolio

in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Mon, 31 Mar 2008 01:47:07 -0700 http://slcapex.com/forums/topic/BTR/1233/10879 http://slcapex.com/forums/topic/BTR/1234 BTR - Beck Technical Research - February 2008 Financials - Posted 03/12/2008

SL CapEx: BTR) Beck Technical Research - INCOME STATEMENT
PERIOD ENDING 29-Feb-08

Revenue
Consolidated Revenue - Products and Services $82,915.54
TOTAL SALES REVENUE $82,915.54

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $-
Real Estate Tier Paid $81,125.00
(ALL) - Marketing & Advertising Expense (NONE this Period) $-
TOTAL COST OF SALES $81,125.00

Gross Profit (Loss) $1,790.54
Gross Margin (%) 2.16%

Operating Expenses
Research & Development (NONE This Period) $-
General and Administrative (Mgmt & Admin Salaries) $-
Non Recurring (ONE-TIME) (NONE This Period) $-
Others / Miscellaneous (OFC Furniture, etc.) $-
TOTAL OPERATING EXPENSES $-

Operating Income or Loss $1,790.54
Operating Margin (%) 2.16%

Other Income from Continuing Operations
Other Income - (LAND SALES) (NONE This Period) $-
Other Income - Dividends Earned
Interest Earned on DEPOSITS or CD's (Short Term Invest.)
Misc. Income - $13.16
TOTAL OTHER INCOME $13.16
Less Other Expenses (NET) (add Footnote) (4) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $1,803.70
Less Interest Expense $-
Less Income Tax Expense (add Footnote) (5) $-
Less Asset Depreciation (NET From Balance Sheet) $-
Less Other Adjustments (add Footnote) (6) $-

NET INCOME FROM CONTINUING OPERATIONS $1,803.70
Other Non-recurring Events
Less Costs for Discontinued Operations (add Footnote) (7) $-
Less Asset Impairment (GoodWill write-down) (add Footnote) (8) $-
Less Effect Of Accounting Changes (add Footnote) (9) $-
Less Other Items (add Footnote) (10) $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $1,803.70
% of Revenue 2.18%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Stock Shareholders $-
% of NIAS 0.00%

RETAINED EARNINGS $1,803.70
================================

(SL CapEx: BTR) Beck Technical Research - BALANCE SHEET
PERIOD ENDING 29-Feb-08

Assets
Current Assets
Cash And Cash Equivalents $1,803.70
Short Term Invest. (NONE - Swapped w/ BIG for Rem DCTY Shares)
Net Receivables $-
Inventory (1x 485 JPG BBG Prints) Carried @ $L269.00 Each $130,465.00
Other Current Assets $-

Total Current Assets $132,268.70

PLUS
Long Term Investments (DCTY Investment - 345,000 shares) (NPV) $1,721,550.00
Property Plant and Equipment (Hard Assets)
Intangible Assets (Chromatique(tm) & Derivative Works Script) $1.00
Goodwill - NONE $-
Accumulated Amortization - NONE $-

Total Assets $1,853,819.70

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

Total Current Liabilities $-

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

Total Liabilities $-

Stockholders' Equity
Preferred Stock $-
Common Stock - (BTR - 1.4 M Shares @ L$0.01 /share PAR Value) $14,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $1,803.70
Additional PAID-IN Capital $-
Treasury Stock - (BTR - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus $-
Other Stockholder Equity $1,833,016.00

Total Stockholder Equity $1,853,819.70

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,853,819.70

CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $0.00



in topic Monthly Financial Reports by Bogart Beck ]]> Wed, 12 Mar 2008 23:33:18 -0700 http://slcapex.com/forums/topic/BTR/1234/10227 http://slcapex.com/forums/topic/BTR/1233 Weekly Update & Holdings Disclosure - 03/02/2008 - Bo Beck

Weekly Update & Holdings Disclosure - 03/02/2008 - Bo Beck

I will be working on the February Financial Statements for BIG, BTR and SLCX this week and expect to post them some time during the week, perhaps Saturday.

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX);

My Cash (Avatar) - L$749,785.00

CapEx CASH Equivalents ($Linden)
================================
Beck Investment Group (BIG) - L$ 13,530.25
Beck Technical Research (BTR) - L$ 1,803.70
Bogart Beck Main - L$ 254,858.57
JT Investment Fund - L$ 0.00
SL CapEx Fraud Fund - L$ 104,696.95
SL CapEx LongTerm Investments - L$ 123,183.65
Trustee Account - Allenvest - L$ 1,215,000.60

Personal Holdings - as of 03/02/2008
====================================
BIG Beck Investment Group 1,000,001 shares - NPV L$ 5,500,005.50
BTR Beck Technical Research 1,000,001 shares - NPV L$ 5,500,005.50
SLCX SL CapEx 9,500,001 shares - NPV L$ 2,850,000.30

Beck Investment Group (BIG) - Assets Under Management as of 03/02/2008
======================================================================
BIG Beck Investment Group 619,336 shares - NPV L$ 3,406,348.00
BTR Beck Technical Research 112,723 shares - NPV L$ 619,976.50
MNM MetaNetwork Media 45,001 shares - NPV L$ 143,553.19
SLR SL Reports 150,001 shares - NPV L$ 102,000.68
WPM Wise Property Management 110,001 shares - NPV L$ 99,000.90

Beck Technical Research (BTR) - Assets Under Management as of 03/02/2008
========================================================================
BTR Beck Technical Research 500,001 shares - NPV L$ 2,750,005.50
DCTY DreamCities.net 345,000 shares - NPV L$ 1,721,550.00

JT Investment Fund - Assets under management as of 03/02/2008
=============================================================
MECH Riot Mechs 100,000 shares - NPV L$ 86,000.00
WPM Wise Property Management 100,001 shares - NPV L$ 90,000.90

SL CapEx Fraud Fund - Assets Under Management as of 03/02/2008
=============================================================
BIG Beck Investment Group 20,001 shares - NPV L$ 110,005.50
BTR Beck Technical Research 20,001 shares - NPV L$ 110,005.50
INC Innovative Inc. 10,001 shares - NPV L$ 10,001.00
KDC Karlfeldt & Delgado Capital 150,001 shares - NPV L$ 183,001.22
SLR SL Reports 35,001 shares - NPV L$ 23,800.68
SLW SLWallet.com 100,001 shares - NPV L$ 61,000.61
WPM Wise Property Management 70,001 sharew - NPV L$ 63,000.90
YEP Yellow Paperclip Corp 20,001 shares - NPV L$ 39,201.96

SL CapEx LongTerm Investments - Assets Under management as of 03/02/2008
========================================================================
SLCX SL CapEx 200,001 shares - NPV L$ 60,000.30
SLR SL Reports 5,001 shares - NPV L$ 3,400.68
SLW SLWallet.com 1,250,001 shares - NPV L$ 762,500.61
WPM Wise Property Management 7,501 shares - NPV L$ 6,750.90
YEP Yellow Paperclip Corp 10,001 shares - NPV L$ 19,601.96

Trustee Account - Allenvest - Assets Under Management as of 03/02/2008
======================================================================
SLCX SL CapEx 0.00 Shares - NPV $0.00 - See Cash Position (above)


in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Mon, 03 Mar 2008 00:53:46 -0800 http://slcapex.com/forums/topic/BTR/1233/9643 http://slcapex.com/forums/topic/BTR/1233 Weekly Update & Holdings Disclosure - 02/13/2008 - Bo Beck

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX);

My Cash (in Avatar) - L$402,897

Please Note; Due to the LL Bank Interest Ban & the JTF Liquidity Reserve issue I have elected to Fully Invest all Cash we had previously held in JTF.

The Cash that currently remains in the AFB Tustee Account will be distributed to AFB Claimants PRIOR TO the SLW Conversion (planned to commence this weekend).

CASH Equivalents ($Linden)
==========================
Beck Investment Group (BIG) $0.00
Beck Technical Research (BTR) $0.00
Bogart Beck Main $0.00
JT Investment Fund $0.00
SL CapEx Fraud Fund $0.00
SL CapEx LongTerm Investments $0.00
Trustee Account - Allenvest $745,119.27

Personal Holdings - as of 02/13/2008
====================================
BIG Beck Investment Group 1,000,001 - NPV $3,800,003.80
BTR Beck Technical Research 1,000,001 - NPV $2,860,002.86
SLCX SL Capital Exchange 10,000,001 - NPV $3,000,000.30

Beck Investment Group (BIG) - Assets Under Management as of 02/13/2008
======================================================================
BIG Beck Investment Group 611,774 - NPV $2,324,741.20
BTR Beck Technical Research 105,187 - NPV $300,834.82
MNM MetaNetwork Media 50,001 - NPV $200,504.01
SLR SL Reports 175,001 - NPV $129,500.74
WPM Wise Property Management 150,001 - NPV $153,001.02

Beck Technical Research (BTR) - Assets Under Management as of 02/13/2008
========================================================================
BTR Beck Technical Research 506,587 - NPV $1,448,838.82
DCTY DreamCities.net 271,740 - NPV $505,436.40

JT Investment Fund - Assets under management as of 02/13/2008
=============================================================
MECH Riot Mechs 100,000 - NPV $95,000.00
WPM Wise Property Management 100,000 - NPV $102,000.00

SL CapEx Fraud Fund - Assets Under Management as of 0213/2008
=============================================================
DCTY DreamCities.net 50,001 - NPV $93,001.86
INC Innovative Inc. 10,001 - NPV $12,501.25
KDC Karlfeldt & Delgado Capital 250,001 - NPV $262,501.05
SLR SL Reports 30,185 - NPV $22,336.90
WPM Wise Property Management 62,501 - NPV $63,751.02
YEP Yellow Paperclip Corp 20,001 - NPV $50,002.50

SL CapEx LongTerm Investments - Assets Under management as of 02/13/2008
========================================================================
SLCX SL CapEx 285,001 - NPV $85,500.30
SLR SL Reports 4,918 - NPV - $3,639.32
WPM Wise Property Management 5,001 - NPV $5,101.02
YEP Yellow Paperclip Corp 10,001 - NPV $25,002.50

Trustee Account - Allenvest - Assets Under Management as of 02/13/2008
======================================================================
SLCX SL CapEx 4,500,001 - NPV $1,350,000.30

in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Wed, 13 Feb 2008 23:19:47 -0800 http://slcapex.com/forums/topic/BTR/1233/8754 http://slcapex.com/forums/topic/BTR/1234 BTR - Beck Technical Research - January 2008 Financials - Posted 02/13/2008

(SL CapEx: BTR) Beck Technical Research - INCOME STATEMENT
PERIOD ENDING 31-Jan-08

Revenue
Consolidated Revenue - Products and Services - $42,344.29
TOTAL SALES REVENUE - $42,344.29

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services - NONE - $0
Sales Commissions Paid on Sale of Stock (Investments) - $7,281.84
Real Estate Tier Paid & Commissions Paid on Sale of RE - $81,125.00
(ALL) - Marketing & Advertising Expense (NONE this Period) - $0
TOTAL COST OF SALES - $88,406.84

Gross Profit (Loss) - $(46,062.55)
Gross Margin (%) -108.78%

Operating Expenses
Research & Development (NONE This Period) - $0
General and Administrative (Mgmt & Admin Salaries) - $0
Non Recurring (ONE-TIME) (NONE This Period) - $0
Others / Miscellaneous (BIG HQ OFC Furniture, etc.) - $1,528.00
TOTAL OPERATING EXPENSES - $1,528.00

Operating Income or Loss - $(47,590.55)
Operating Margin (%) -112.39%

Other Income from Continuing Operations
Other Income - (LAND SALES) (NONE This Period) - $0
Other Income - Dividends Earned (NONE This Period) - $0
Interest Earned on DEPOSITS or CD's (Short Term Invest.) - $1,056.69
Misc. Income - CEO Market Maker Commission Earned on BTR - $0
TOTAL OTHER INCOME - $1,056.69

Less Other Expenses (NET) (NONE) - $0

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) - $(46,533.86)
Less Interest Expense (NOTE) - $0
Less Income Tax Expense (NOTE) - $0
Less Asset Depreciation (NET From Balance Sheet) - $0
Less Other Adjustments (NONE) - $0

NET INCOME FROM CONTINUING OPERATIONS - $(46,533.86)

Other Non-recurring Events
Less Costs for Discontinued Operations (NONE) - $0
Less Asset Impairment (GoodWill write-down) (NONE) - $0
Less Effect Of Accounting Changes (NONE) - $0
Less Other Items (NONE) - $0

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) - $(46,533.86)
% of Revenue -109.89%
Less DISBURSEMENT to Preferred Stock Shareholders - $0
% of NIAS 0.00%
Less DIVIDEND to Common Stock Shareholders - $0
% of NIAS 0.00%

RETAINED EARNINGS - $(46,533.86)
================================

(SL CapEx: BTR) Beck Technical Research - BALANCE SHEET
PERIOD ENDING 31-Jan-08

Assets
Current Assets
Cash And Cash Equivalents (NONE - Fully Invested @ 01/31/2008) - $0
Short Term Invest. (11,774 Shares of BTR @ avg. L$2.00/sh (cost) - $23,548.00
Net Receivables (NONE) - $0
Inventory (1x 485 JPG Inventory BBG Prints) Carried @ $L269.00 Ea. $130,465.00
Other Current Assets (NONE) - $0

Total Current Assets - $154,013.00

PLUS
Long Term Investments (DCTY Investment - 271,740 shares) (NPV) - $505,436.40
Property Plant and Equipment (Hard Assets) (NONE) - $0
Intangible Assets (Chromatique(tm) & Derivative Works) (Carry @ L$1.00) - $1.00
Goodwill - NONE - $0
Accumulated Amortization - NONE - $0

Total Assets - $659,450.40

Liabilities
Current Liabilities
Accounts Payable - NONE $0
Current Portion Due of Long Term Debt (this months portion) - $0
Other Current Liabilities - NONE - $0

Total Current Liabilities - $0
PLUS
Long Term Debt - NONE - $0
Other Liabilities - NONE - $0
Deferred Long Term Liability Charges - NONE - $0
Minority Interest - NONE - $0
Negative Goodwill - NONE - $0

Total Liabilities - NONE - $0.00

Stockholders' Equity

Preferred Stock (NONE) - $0
Common Stock - (BTR - 1.4 M Shares @ L$0.01 /share PAR Value) - $14,000.00
Retained Earnings * (TAKEN FROM LINE 52 of INCOME STATEMENT) - $(46,533.86)
Additional PAID-IN Capital (NONE) - $0
Treasury Stock - (BIG - 494,813 Shares @ L$0.01 /share PAR Value) - $4,948.13
Capital Surplus - $687,036.12
Other Stockholder Equity (NONE) $0

Total Stockholder Equity - $659,450.39

TOTAL LIABILITIES & SHAREHOLDERS EQUITY - $659,450.40

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


in topic Monthly Financial Reports by Bogart Beck ]]> Wed, 13 Feb 2008 22:45:41 -0800 http://slcapex.com/forums/topic/BTR/1234/8751 http://slcapex.com/forums/topic/BTR/1233 SL CapEx CEO Holdings Disclosure - 01/20/2008 - Bo Beck

NOTE: For Folks that read this earlier today, I've found a few errors in my previous posting - those have been corrected in this ammended post. 8:26PM SLT 01/20/2008

Bo

For Disclosure purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX);

PERSONAL HOLDINGS as of 01/20/2008
----------------------------------
CASH - L$ 400,900.00
BIG - Bo Investment Group - 1,000,001 shares - NPV L$ 2,940,002.94
BTR - Beck Technical Research - 1,000,001 shares - NPV L$ 2,690,002.69
SLCX - SL CapEx - 10,000,001 shares - NPV L$ 3,000,000.30

Beck Investment Group - Assets Under Management as of 01/20/2008
------------------------------------------------------------
CASH - L$ 0.00 (Currently Fully Invested due to LL Banking Ban)
BIG - (CORP TREASURY)- 600,001 shares - NPV L$ 1,764,002.94
DCTY - DreamCities.net - 100,001 shares - NPV L$ 225,002.25
INC - Innovative Inc. - 25,001 shares - NPV L$ 21,500.86
ITA - WNB Italian - 50,001 shares - NPV L$ 31,500.63
KDC - K. & D. Capital - 25,001 shares - NPV L$ 28,751.15
MECH - Riot Mechs - 25,001 shares - NPV L$ 25,001.00
MNM - MetaNetwork (IPO) - 27,501 shares - NPV L$ 137,505.00
SLCX - SL CapEx - 50,001 shares - NPV L$ 15,000.30
SLR - SL Reports - 250,001 shares - NPV L$ 150,000.60
* SLTM - SL Tronic - 35,001 shares - NPV L$ 71,402.04 *Pending conversion to MNM
WPM - Wise Prop Mgmt - 175,001 shares - NPV L$ 123,726.01

Beck Technical Research - Assets Under Management as of 01/20/2008
------------------------------------------------------------
CASH - L$ 42,962.37
BTR - (CORP TREASURY)- 600,001 shares - NPV L$ 1,614,002.69
DCTY - DreamCities.net - 110,001 shares - NPV L$ 247,502.25

SL CapEx Fraud Fund - Assets under Management as of 01/20/2007
------------------------------------------------------------
CASH - L$ 0.00 (Currently Fully Invested due to LL Banking Ban)
DCTY - DreamCities.net - 40,001 shares - NPV L$ 89,602.24
INC - Innovative Inc. - 25,001 shares - NPV L$ 21,500.86
KDC - K.& D. Capital - 275,001 shares - NPV L$ 316,251.16
SLCX - SL CapEx - 24,241 shares - NPV L$ 7,272.30
SLR - SL Reports - 30,001 shares - NPV L$ 18,000.60
* SLTM - SL Tronics Media - 10,001 shares - NPV L$ 20,402.04 *Pending conversion to MNM
WPM - Wise PropMgmt - 50,001 shares - NPV L$ 50,001.00
YEP - Yellow Paperclip - 25,002 shares - NPV L$ 54,504.36

AFB-AIG TRUSTEE ACCOUNT - Assets under Management as of 01/20/2008
------------------------------------------------------------
CASH - L$ 59,133.63
SLCX - SL CapEx - 6,177,309 shares - NPV L$ 1,853,192.70

JT INVESTMENT FUND - Assets Under Management as of 01/20/2008
------------------------------------------------------------
WPM - Wise PropMgmt - 100,000 shares - NPV L$ 100,000.00

SL CapEx LONGTERM INVESTMENTS - Assets Under Management as of 01/20/2008
------------------------------------------------------------
CASH - L$ 0.00 (Currently Fully Invested due to LL Banking Ban)
SLCX - SL CapEx - 325,954 shares - NPV L$ 97,785.20
WPM - Wise PropMgmt - 1,001 shares - NPV L$ 1,001.00
YEP - Yellow Paperclip - 10,000 - NPV L$ 21,800.00

Regards,

Bo Beck
SLCX CEO


in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Sun, 20 Jan 2008 20:53:20 -0800 http://slcapex.com/forums/topic/BTR/1233/7907 http://slcapex.com/forums/topic/BTR/1235 Bo Beck Statement in re: LL Banking Policy - 01/08/2008

I recognize that some folks here may need to adjust their portfolio's quickly to maintain Tier Payments, etc. during this Transition... as an insider I recognize my own responsibility to retail investors and my own shareholders...

In the interest of providing a FAIR MARKET TO ALL IN the Co's I CONTROL I have LIFTED ALL My LIMIT BUYS and LIMIT SELLS & will maintain 80% Control at minimum.

(50% personal + 30% Treasury) in both BIG & BTR until we get more definitive direction from the folks at LL.

As an Exchange Official I will also refrain from buying or selling ANY securities in my portfolio for at least the next 72 hours to allow those whom may need to adjust their own portfolio PRIORITY OVER MY OWN STRATEGIES.

It is far too soon for me to speculate with any confidence what LL's Announcement may mean to NON-BANK Financial Entities. Quite simply, more clarification is needed from LL as to what IS and IS NOT Acceptable. Will share any definitive information as it's received.

HOPE THAT HELPS!

BO


in topic CEO Q&A by Bogart Beck ]]> Tue, 08 Jan 2008 21:24:36 -0800 http://slcapex.com/forums/topic/BTR/1235/7269 http://slcapex.com/forums/topic/BTR/1233 I had planned to have the forward guidance for both BIG & BTR posted by this evening however some unexpected SL CapEx Business came up these weekend which required priority over my own goals. Nonetheless, baring further distractions I hope to have both plans completed by sometime mid-week.

For Disclosure and transparency purposes please find an itemization below of my personal holdings and all Assets currently under Management by BIG &/or BTR (formerly BBX);

PERSONAL HOLDINGS as of 01/07/2008
----------------------------------
CASH - L$ 477,326.00
BIG - Bo Investment Group - 1,000,001 shares - NPV L$ 3,880,003.88
BTR - Beck Technical Research - 1,000,001 shares - NPV L$ 3,400,003.40
SLCX - SL CapEx - 10,000,001 shares - NPV L$ 3,100,000.31
DCTY - DreamCities - 62,001 shares - NPV L$ 65,721.06

Beck Investment Group - Assets Under Management as of 01/08/2008
------------------------------------------------------------
CASH - L$ 100,629.85
BIG - (CORP TREASURY)- 600,259 shares - NPV L$ 2,329,004.92
DCTY - DreamCities.net - 5,001 shares - NPV L$ 5,301.06
INC - Innovative Inc. - 15,001 shares - NPV L$ 18,301.22
JTIC - JT Inv. Certif - 25,001 shares - NPV L$ 28,751.15
KDC - K. & D. Capital - 20,001 shares - NPV L$ 20,001.00
MECH - Riot Mechs - 55,001 shares - NPV L$ 55,001.00
MNM - MetaNetwork (IPO) - 25,001 shares - NPV L$ 125,005.00
SLR - SL Reports - 222,001 shares - NPV L$ 133,200.60
SLTM - SL Tronic - 35,001 shares - NPV L$ 71,402.04
TNW - Design & RE - 20,001 shares - NPV L$ 40,402.02
WPM - Wise Prop Mgmt - 122,501 shares - NPV L$ 123,726.01

Beck Technical Research - Assets Under Management as of 01/08/2008
------------------------------------------------------------
CASH - L$ 108,207.69
BTR - (CORP TREASURY)- 602,201 shares - NPV L$ 2,047,483.40

SL CapEx Fraud Fund - Assets under Management as of 01/08/2007
------------------------------------------------------------
CASH - L$ 1,193.71
DCTY - DreamCities.net - 8,001 shares - NPV L$ 8,481.06
INC - Innovative Inc. - 25,002 shares - NPV L$ 30,502.44
KDC - K.& D. Capital - 290,001 shares - NPV L$ 290,001.00
NDX - Innov Index Fund - 4,501 shares - NPV L$ 17,553.90
SLCX - SL CapExchange - 15,001 shares - NPV L$ 4,650.31
SLR - SL Reports - 27,301 shares - NPV L$ 16,380.60
SLTM - SL Tronics Media - 10,001 shares - NPV L$ 20,402.04
WPM - Wise PropMgmt - 41,001 shares - NPV L$ 41,411.01
YEP - Yellow Paperclip - 25,002 shares - NPV L$ 57,254.58

AFB-AIG TRUSTEE ACCOUNT - Assets under Management as of 01/07/2008
------------------------------------------------------------
CASH - L$ 362,933.61
SLCX - SL CapEx - 5,084,359 shares - NPV L$ 1,576,151.29

JT INVESTMENT FUND - Assets Under Management as of 01/07/2008
------------------------------------------------------------
WPM - Wise PropMgmt - 100,000 shares - NPV L$ 100,001.00

SL CapEx LONGTERM INVESTMENTS - Assets Under Management as of 01/07/2008
------------------------------------------------------------
CASH - L$ 33.04
SLCX - SL CapEx - 325,001 shares - NPV L$ 100,750.31
SLR - SL Reports - 401 shares - NPV L$ 240.60
WPM - Wise PropMgmt - 1,303 shares - NPV L$ 1,316.03
YEP - Yellow Paperclip - 10,000 - NPV L$ 22,900.00


in topic Weekly Update - for CEO Posting ONLY! by Bogart Beck ]]> Mon, 07 Jan 2008 01:33:21 -0800 http://slcapex.com/forums/topic/BTR/1233/7220 http://slcapex.com/forums/topic/BTR/1235
in topic CEO Q&A by CloudDeck Boa ]]> Fri, 04 Jan 2008 16:37:13 -0800 http://slcapex.com/forums/topic/BTR/1235/7128 http://slcapex.com/forums/topic/BTR/1235
in topic CEO Q&A by Stroh Bing ]]> Thu, 03 Jan 2008 14:48:16 -0800 http://slcapex.com/forums/topic/BTR/1235/7086 http://slcapex.com/forums/topic/BTR/1235 ClouDeck,

I'm actually working on forward guidance for both BIG & BTR and expect to post the Capitalization plans for both this weekend. (I need to finish the SLCX Plan first).

Stay tuned,

Bo

in topic CEO Q&A by Bogart Beck ]]> Thu, 03 Jan 2008 13:30:03 -0800 http://slcapex.com/forums/topic/BTR/1235/7085 http://slcapex.com/forums/topic/BTR/1235
I am aware that your intellectual property DRM product is still under development so I understand there aren't yet any revenues for it. I further understand that the development timeline is relatively short, but don't have any context to know when you might begin to book revenues from it or what the magnitude of those revenues are

In looking at past posts / financials, the revenue amount from your art gallery was pretty small. Is it the intent to make the lions share of BTR's revenues from the DRM product? And the other business areas outlined in the reverse merger announcement / BTR prospectus?

Congratulations on running your SL ventures with RL business acumen and gaining the trust of your investors by doing so!

- Clouddeck Boa

in topic CEO Q&A by CloudDeck Boa ]]> Thu, 03 Jan 2008 09:56:08 -0800 http://slcapex.com/forums/topic/BTR/1235/7081 http://slcapex.com/forums/topic/BTR/1234 FINAL Bo Beck Group (BBX) Income Statement & Balance Sheet - FY 2007

The Attached BBX Income Statement & Balance Sheet is being Posted for Historical & Comparative Purposes Only. It should NOT be used for valuation purposes of the two entities resulting from the Bo Beck Group Reverse-Merger.

The OPENING Capitalization Plan for BIG & BTR will be posted shortly.

Thx,

Bo Beck

--------------------------------------------------------------------------------

(SL CapEx: BBX) Bo Beck Group - INCOME STATEMENT - PERIOD ENDING 31-Dec-07

Revenue
..Consolidated Revenue - Products and Services $75,240.91
TOTAL SALES REVENUE $75,240.91

LESS Cost of Sales (or Cost of Goods Sold) GOGS
..Sales Commissions Paid on Products and Services $104.00
..Sales Commissions Paid on BBX Index Fund Sale of Stock $35,053.80
..Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $0.00
..(ALL) - Marketing & Advertising Expense (NONE this Period) $0.00
TOTAL COST OF SALES $35,157.80

Gross Profit (Loss) $40,083.11
Gross Margin (%) 53.27%

Operating Expenses
..Research & Development (NONE This Period) $0.00
..General and Administrative (Mgmt & Admin Salaries) $0.00
..Non Recurring (ONE-TIME) (NONE This Period) $0.00
..Others / Miscellaneous (BBX HQ OFC Furniture) $1,528.00
TOTAL OPERATING EXPENSES $1,528.00

Operating Income or Loss $38,555.11
Operating Margin (%) 51.24%

Other Income from Continuing Operations
..Other Income - (LAND SALES) (NONE This Period) $0.00
..Other Income - Dividends Earned $135,597.38
..Interest Earned on DEPOSITS or CD's (Short Term Invest.) $5,491.49
..Misc. Income - (CEO Market Maker Commission Earned on BBX) $2,496.54
TOTAL OTHER INCOME $143,585.41

Less Other Expenses (NET) (NONE) $0.00

Earnings Before Interest, Taxes, Deprec., Adjust. (EBITDA) $182,140.52

Less Interest Expense (NONE) $0.00
Less Income Tax Expense (NONE) $0.00
Less Asset Depreciation (NET From Balance Sheet) (NONE) $0.00
Less Other Adjustments (NONE) $0.00

NET INCOME FROM CONTINUING OPERATIONS $182,140.52

Other Non-recurring Events
..Less Costs for Discontinued Operations (NONE) $0.00
..Less Asset Impairment (NONE) $0.00
..Less Effect Of Accounting Changes (NONE) $0.00
..Less Other Items (NONE) $0.00

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $182,140.52
% of Revenue 242.08%
Less DISBURSEMENT to Preferred Stock Shareholders $0.00
% of NIAS 0.00%
Less DIVIDEND to Common Stock Shareholders $100,000.00
% of NIAS 54.90%

RETAINED EARNINGS $82,140.52
=============================

--------------------------------------------------------------------------------

(SL CapEx: BBX) Bo Beck Group - BALANCE SHEET - PERIOD ENDING 31-Dec-07

Assets
Current Assets
..Cash And Cash Equivalents ($Lindens on Deposit) $300,383.17
..Short Term Invest. (7082 Shares of BBX @ avg. L$1.05/sh (cost basis) $7,436.10
..Net Receivables $0.00
..Inventory (1x 485 JPG Inventory BBG Prints) Carried @ $L269.00 Each $130,465.00
..Other Current Assets $0.00

Total Current Assets $438,284.27

PLUS

Long Term Investments (BBX Index Portfolio) (NPV @ 12/31/2007) $490,613.50
Cost Basis of Long Term Investments (BBX Index Portfolio) $(364,907.25)
Property Plant and Equipment (Hard Assets) $18,150.00
Goodwill - NONE
Intangible Assets (Chromatique(tm) & Derivative Works Script) $1,000,000.00
Accumulated Amortization - (NONE) $0.00
Other Assets - (NONE) $0.00

Total Assets $1,582,140.52

Liabilities
Current Liabilities
..Accounts Payable $-
..Current Portion Due of Long Term Debt (this months portion of LINE 30) $-
..Other Current Liabilities $-

Total Current Liabilities $-

PLUS

Long Term Debt $-
Other Liabilities
Deferred Long Term Liability Charges $-
Minority Interest $-
Negative Goodwill $-

Total Liabilities $-

Stockholders' Equity
Preferred Stock $-
Common Stock - (BBX - 1,397,276 @ L$.75 /share) $1,047,957.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $82,140.52
Additional PAID-IN Capital $-
Treasury Stock - (BBX - 602724 Shares @ L$.75 /share) $452,043.00
Capital Surplus $-
Other Stockholder Equity $-

Total Stockholder Equity $1,582,140.52

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,582,140.52
=====================================================
CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $0.00

in topic Monthly Financial Reports by Bogart Beck ]]> Wed, 02 Jan 2008 02:09:40 -0800 http://slcapex.com/forums/topic/BTR/1234/7056 http://slcapex.com/forums/topic/BTR/1239 Bo Beck Group (BBX) Shareholder Meeting MINUTES - 12/18/2007

The attached transcript of the Bo Beck Group (BBX) Shareholder Meeting, held Tuesday December 18, 2007 has been nominally edited for readability - Enjoy!

Bogart Beck.

[18:48] Kadena Whitfield: this is BBX's new headquarters. feel free to have a look around if you wish
[18:48] Silky Dawg: It looks very nice
[18:49] Kubi Beam is Online
[18:51] Silky Dawg: hi kubi
[18:51] Kubi Beam: Hi everyone
[18:52] Yanik Lytton: hi Kubi
[18:55] Scott Nestler: Hello All
[18:57] Kubi Beam: HI Alyssya
[18:57] Kadena Whitfield: hi Alyssya
[18:57] Alyssya Vella: Evening all
[18:59] Kadena Whitfield: hello Sully
[19:00] Sully Okelly: good evening :)
[19:00] You: We'll start in about 3 minutes to allow for stragglers... ;-))
[19:00] Yanik Lytton: holla Travis
[19:00] Travis Ristow: hey Yanik!
[19:03] Nathanael Westland: Well...this is comfy
[19:03] You: Thank you all for coming...

[19:05] You: If I may call this meeting to Order... Welcome to the First Annual Shareholders Meeting of Bo Beck Group - we're an SL Capital Exchange Company trading under the ticker symbol BBX

[19:05] You: A couple of very quick housekeeping items...

[19:06] You: 1) this is a PUBLIC Shareholder Meeting, so, any comments you make here will be a part of the published Public Record and will be distributed to Shareholders unable to attend this evening and other interested parties. If you do not wish to be part of the public record please refrain from speaking until the Official Meeting has been adjourned - I will be happy to answer any private questions confidentially after the Shareholder Meeting.

[19:06] You: (2) We have a VERY busy Agenda this evening - if you would, please HOLD ALL QUESTIONS - I will open the floor for a general Q&A at the conclusion of our scheduled business.

[19:07] You: For those NEW VISITORS please allow me to take a few moments to introduce myself, the Board of Directors, and one or two of our Distinguished Guests this evening...

[19:08] Arbitrage Wise is Online

[19:08] You: If you hadn't guessed (or read the silly banner above me head) I'm Bogart Beck, Founder and Chairman of BBX. For the record I am also the Chief Executive Officer of the SL Capital Exchange and its interim Chief Financial Officer.... (Shameless plug; if you, or an acquaintance are interested and experienced in Public Accounting please see me afterward) ;-)

[19:09] You: Next, please allow me to introduce the incumbent BBX Board of Directors beginning with Mr. Kubi Beam, our largest public shareholder. Mr. Beam is CEO of Tropical Temptations, another SL CapEx listed company trading under the Ticker XXX - thank you Kubi for being with us this evening... er... early morning where you are.

[19:10] Kubi Beam: thank you.

[19:10] You: Also, please allow me to introduce our other Outside Director, Mr. Travis Ristow, Founder of BCX Bank, SL Risk, and several other prominent SL Financial Institutions. Travis recently purchased the Innovative Index Fund - an SL-wide Marketbasket Index which trades on SL CapEx under the Ticker symbol NDX - Thank you also Mr. Ristow.

[19:10] Travis Ristow: My Pleasure :)

[19:10] You: I'd like to take a moment to acknowledge Mr. Arbitrage Wise, Founder and Chairman of SL CapEx and too may other SL companied to mention here... thank you Sir for attending...

[19:11] You: I suppose I could spend the majority of the evening introducing our freinds and family around the room, but I'm sure many of you are already acquainted, or will be shortly.

[19:11] Arbitrage Wise: :)

[19:11] You: On to our Agenda this evening...

[19:12] You: For those already familiar with the very brief history of BBX please allow me a few moments to provide our guests with some background and context... Bo Beck Group was formed EXACTLY 60 days ago out of the ashes of a failed (read Fraudulent) SLMS startup on SL CapEx.

[19:12] You: On the date SLMS was halted at L$.53 per share, nearly half a million shares were outstanding leaving approximately 100 shareholders holding the bag.

[19:12] You: After nearly a month of deliberation Arbitrage Wise allowed me to put forward a Recievership and Recovery Plan which was launched on October 18, 2007.

[19:13] You: On that date a completely recapitalized and repurposed entity was launched and commenced trading at L$.75 per share - an immediate and substantial windfall for those stranded SLMS Investors who chose to exit at that time.

[19:13] You: In the sixty days hence we have managed to fully fund an SL CapEx-based Investment Fund (the BBX Index) - currently with nearly L$2.6M in securities under Management.

[19:14] You: At formation, BBX was also named as the Trustee for the AFB-AIG (Investor Allen) Settlement claimants.

[19:14] You: Last month we were able to distribute the first 10% recovery payment to AFB claimants and were able to settle (in full) the claims of the AIG Sharholders

[19:14] You: I hope to be able to transfer another 10% distribution to AFB claimants this month

[19:14] You: - we're about half-way there... at present there is approximately L$400K in cash and just under 6.2M shares in the Allenvest Trustee Account remaining.

[19:15] You: In November, JT Financial, parent of SL CapEx named BBX as the Admnistrator of its Fraud Fund. We're currently managing a little less than L$350K in Assets under that program.

[19:15] You: I am also very pleased to announce that Arbitrage Wise has additionally named BBX as the Trust Administrator for the recently formed JT Investment Fund, a private Fund that manages the securities held by JT Financial as Investments.

[19:16] You: While small (about L$100K) at this point, I expect this Fund will grow substantially as JTF begins to diversify its investments.

[19:16] You: So... you ask... how does BBX MAKE $$$ with all these securities under management??

[19:17] You: It's actually quite simple - in the case of our own holdings we BUY LOW and SELL HIGH and pocket the margin in between as profit (less the trading commission).

[19:17] You: With regard to the Asset Management and Trustee portfolios, we earn either a FIXED FEE each month based on the Total Assets under Management, or a percentage of the Gains earned on the portfolio that month - generally our fees vary from 1.5% to 10% per month - each contract is negotiated and managed individually.

[19:18] You: I am pleased to report that we were quite priofitable in our first 45 days of operation, earning nearly L$200K and were able to pay a L$.02 per share Dividend after our first full month of performance.

[19:19] You: I fully expect that trend to continue - this month we're on track to deliver perhaps L$.05 per share in Dividends to our shareholders.

[19:20] You: Let's talk about SHARE performance - first off, were a GROWTH Company, not an old horse industry stalwart - so I would expect MOST Shareholders would choose to invest in BBX because we're able to GROW THE BUSINESS and INCREASE the SHARE VALUATION and MARKET CAP of the Company...

[19:21] You: so... how have we done in 60 days? Let's see, we launched at L$.75 per share... earlier this afternoon we were trading at an interday high of L$3.10 per share... what is that? +/- 400% in 60 days?... I think we're doing A-OK - how 'bout you?

[19:21] You: How'd we do it? Well, as many of you know, I have AGGRESSIVELY bought BBX shares at market to maintain a very tight public float and regularly put or call BBX shares from the market as its Market Maker.

[19:22] You: Some uninformed folks might consider that manipulative - I DON'T - that's my JOB - it's what YOU as Shareholders entrust me to do as your Chairman.

[19:22] You: This brings us to the MOST IMPORTANT part of our session this evening - INCREASING SHAREHOLDER VALUE.

[19:23] You: Over the last several weeks I have conferred with both Mr. Beam and Mr. Ristow, as well as a number of my trusted confidentes within the SL community - several of whom are with us this evening - thank you each for attending...

[19:24] You: To us, it has become apparent that the recent launch of several OPEN SYSTEMS-based Grids places ALL of the incumbent PRIM-based and PERM managed SL resources at RISK.

[19:24] You: How many of you all remember the COPYBOT debacle this past summer? How many of your Vendors SHUT DOWN during that week? Scary?

[19:25] You: Well, if you were a PRIM-based Developer (whether you produced clothing or structures or textures or artwork) the landscape became VERY TREACHEROUS.

[19:25] You: For ALL of us, the time and effort we invest in producing our OBJECTS is INDEED Intellectual Property and is a protectable right PROMISED to us by our freinds at LL.

[19:26] You: Beyond my own SL Financial endeavors, many of you know that I am an ARTIST who creates and distributes Original Artwork in SL -

[19:26] You: that's actually what BROUGHT ME TO SL TO BEGIN WITH - the opportunity to distribute my work to an online audience.

[19:27] You: Well... that Intellectual Property RIGHT is again being THREATENED by the SL OPEN SOURCE COMMUNITY.

[19:27] You: I understand SEVERAL here are actively exploring OPEN SIMS and *I* too encourage that outgrowth - however with some restraint - here's why. pardon the pun, but right now from an Intellectual Property and Digital Rights Management perspective I'll call that effort BROKEN SIM...

[19:28] You: to be very VERY frank - in it's (their) current iteration(s) there is absolutely ZERO Digital Rights Management capability on the open grid...

[19:29] You: if you, as a developer, (or if any of your CUSTOMERS) REZZES an OBJECT on an OPEN SIM it is FAIR GAME in my view as there are NO Asset Servers Managing the Digital Rights on those SIMS!

[19:29] You: Talk about WTF??

[19:29] You: Well... BBX has a potential SOLUTION to THAT problem... those of you that have paid any attention to our Balance Sheet may have noticed an intangible asset called "Derivative Works Script".

[19:30] You: To be honest in its unimproved form it is little more than a split-pay script which I'm sure many of you are familiar with.

[19:30] You: Quite simply, if a BUYER purchases an SL OBJECT with the Script embedded it splits the PAY between two or more avatars - this is fundamantally how many Vendor systems really work... it's NOT ENOUGH!

[19:31] You: To make a very long story short I've spent the last two months researching an improved methodology for Digital Rights Management (DRM) within SL and have interviewed several prominent programmers

[19:32] You: In the end we think we can substantially IMPROVE upon that metaphor

[19:32] You: HOWEVER it will take TIME and $$$ to accomplish and realistically justifies its own development entity.

[19:32] You: I won't explain the blow-by-blow requirements this evening, but, please trust that the concept is viable and attainable with the right team in place.

[19:33] You: To that end I have proposed to the BBX Board of Directors to allow me to SPIN OFF the BBX DRM Intellectual Property into its OWN ENTITY to allow it to raise its own funding and trade on its own merit.

[19:34] You: The Board has agreed with my assumptions and I am pleased to announce that we will SPLIT BBX into TWO TRADING ENTITIES IMMEDIATELY UPON CLOSING OUR YEAR-END BOOKS (on or about 12/31).

[19:34] You: What does this mean to YOU the incumbent BBX Shareholder?

[19:35] You: I have PROMISED since DAY ONE to protect and ENHANCE value for BBX Shareholders...

[19:35] You: what THAT means to me is that you who have shared in the BBX experience will also share in the DRM experience...

[19:35] You: to wit each shareholder of the current BBX will also receive a share of the DRM entity at launch...

[19:36] You: (WHY? Well... I'm MOVING an ASSET that belongs to BBX... thus it's also YOUR ASSET and you MUST be compensated for it DOLLAR FOR DOLLAR).

[19:37] You: I will provide a Capitalization plan for both POST-SPLIT entities within the next few days and am confident you will be satisfied with the proposed plan and will ultimatly BENEFIT SUBSTANTIALLY from the plan.

[19:37] You: More detail to follow in that regard... lets move on to Board of Director Nominations and then a Question and Answer Period...

[19:37] Cornelious Beck is Online

[19:38] You: Foremost, I am very pleased that both Kubi and Travis agreed to accept a Board seat on VERY short notice just two months ago

[19:39] You: I think we have worked well together and if there are no objections from the audience I'd like to move to nominate both Kubi and Travis for a full 1 year Term beginning January 01, 2008.

[19:40] You: Do I have any objections from the Audience?

[19:40] You: May I get a second to the resolution please?

[19:40] Kadena Whitfield: i second
[19:40] Sully Okelly: I second your motion
[19:41] Yanik Lytton: i second too
[19:41] Silky Dawg: i second

[19:41] You: I see I've lulled everyone to sleep with my DRM rant... lol... figures...

[19:41] Alyssya Vella: seconded

[19:42] You: Travis - have you any objection to serving a term on the BOD for 2008?

[19:42] Travis Ristow: None

[19:42] Travis Ristow: I would be happy to accept

[19:42] You: Kubi - have you any objection to serving a full term for 2008?

[19:42] Kubi Beam: None, thank you. I woul accept, too.

[19:43] You: Thank you... be it resolved that both Kubi beam and Travis Ristow shall serve as Outside Directors for BBX for the 2008 term commencing 01/01/2008

[19:44] Yanik Lytton: congrats to both of you

[19:44] You: Do I have any nominations from the floor for a Chairman of the Board for the 2008 Term?

[19:44] Nathanael Westland: Yes, Congratulations
[19:44] Travis Ristow: Thank you.
[19:44] Kubi Beam: Thank you
[19:44] Reina Ferraris: Congratulations Kubi and Travis
[19:44] Travis Ristow: TY Reina
[19:44] Arbitrage Wise: Congrats!

[19:45] Kubi Beam: I like to nominate Bogart Beck for the Chairman
[19:45] Travis Ristow: I second
[19:45] Kadena Whitfield: i second as well
[19:45] You: Wow... I can keep my job! Woot!
[19:45] Travis Ristow: For NOW! lol
[19:45] Nathanael Westland: lol
[19:45] Kadena Whitfield: lol
[19:46] You: I greatfully accept the nomination - thank you.
[19:46