http://slcapex.com/forums/browse/BTX en-us Mon, 01 Dec 2008 12:25:26 -0800 Mon, 01 Dec 2008 12:25:26 -0800 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/BTX/2132 BTX - Beck Technical Research II - October 2008 Financials - Posted 11/06/2008

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

BTX Shareholders,

I'm somewhat sanguin about BTX's performance since its recent reorganization. Share Price and Volume seems to be on PARK and I've been unable to generate any BTX mojo in either direction. At some level I'm pleased that longterm shareholders have been unwilling to part with their shares but it's sure making it difficult for me to make a market in BTX (as I'm not all that interested in parting with any of mine either! I've been diligently guarding the Treasury Reserve in anticipation of Capital needs to launch the FutSL Campaign and have PRICED the Treasury Shares at what I believe is fair market... tell me, what's wrong with my math? Please!

I'm still working on the FutSL League Website and League Charter as time permits and am still guardedly opptimistic that we're on track to launch its inaugural season in January of 2009. The Stadium is ready and just waiting for Bo and the BTX shareholders to get a move on - we'll need the Capital by End of Month if we're to stay on track.

BTX has taken a considerable position in the SL Capital Exchange as part of Scott Nestler and I acquiring the Exchange. In addition to the 100+K shares of BAY in its portfolio, BTX now directly controls 2M shares of SLCX. I am confident that this investment will provide a handsome return on investment for BTX shareholders. We've also lent L$40K to BTX's sister Co's BAY and BIG to allow them each to distribute a dividend without reducing their Investment Positions. I expect to recoup those funds during the next month from their Operating Profits.

Please find the October Income Statement and Balance Sheet below for your review. Until next month... Blessings!

Bogart Beck
BTX Chair & CEO

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

(SL CapEx: BTX) Beck Technical Research II
PERIOD ENDING 31-Oct-08

Revenue
Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $84,005.75
TOTAL SALES REVENUE $84,005.75

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $421.88
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $-
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $421.88

Gross Profit (Loss) $83,583.87
Gross Margin (%) 99.50%

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 $83,583.87
Operating Margin (%) 99.50%

Other Income from Continuing Operations
Other Income - (LAND SALES) $-
Other Income - Dividends Earned $12,050.04
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned (N/A) $-
TOTAL OTHER INCOME $12,050.04

Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $95,633.91
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $95,633.91

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

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $95,633.91
% of Revenue 113.84%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders (L$0.01 /sh paid 10/11/08) $20,000.00
% of NIAS 20.91%

RETAINED EARNINGS $75,633.91
================================

(SL CapEx: BTX) Beck Technical Research II
PERIOD ENDING 31-Oct-08

Assets
Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $4,999.47
Short Term Invest. (None - SLCX Converted 10/10/08 for Divi Distrib)
Net Receivables (L$40,000 Adv. to BAY & BIG for Divi Distrib 10/11) $40,000.00
Inventory (BBG Prints) (L$) 0.00 - 100% Write-down 08/31/08) $-
Other Current Assets-The Suit Factory (L$) 0.00-100% Write-down 05/08) $-

Total Current Assets $44,999.47
PLUS
Long Term Invest I (SLCX - 2M shares @ NPV L$0.35 /share ) $700,000.35
Long Term Invest II (BAY - 100,001 shares @ NPV L$2.74 /share) $274,002.74
Property Plant and Equipment (Hard Assets)
Intangible Assets (Chromatique(tm) ) (Carry @ L$1.00) $1.00
Goodwill - NONE
Accumulated Amortization - NONE $-

Total Assets $1,019,003.56

Liabilities
Current Liabilities
Accounts Payable -NONE - BIG SIM transferred to BAY 08/31/2008) $-
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 - (BTX - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $75,633.91
Additional PAID-IN Capital $-
Treasury Stock - (BTX - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Other Stockholder Equity $-
Accumulated Surplus or (Deficit) $923,369.65

Total Stockholder Equity $1,019,003.56

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,019,003.56
=====================================================

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

in topic MONTHLY FINANCIAL REPORTS - CEO ONLY! by Bogart Beck ]]> Wed, 05 Nov 2008 01:43:49 -0800 http://slcapex.com/forums/topic/BTX/2132/17189 http://slcapex.com/forums/topic/BTX/2131 Update & Holdings Disclosure for Period Ending 10/31/2008 11:59PM SLT - Bo Beck

I will be working on the October Financial Statements for BAY, BIG, BTX and SLCX this week and expect to post them no later than Sunday, November 08, 2008.

SL CapEx CASH Equivalents ($Linden)
===================================
1 - BAY - Brittany Bay Resorts $4,999.88
2 - BIG - Beck Investment Group $7,920.61
3 - BTX - Beck Technical Research II $4,999.47
4 - Bogart Beck Main $5,578.55
5 - SL CapEx Treasury Account $3,662.90
6 - SL CapEx Trustee Services $5,649.10

PERSONAL HOLDINGS:
==================
BAY - Brittany Bay Resorts - 1,000,001 Shares $2,740,002.74 NPV
BIG - Beck Investment Group - 1,000,001 Shares $5,500,005.50 NPV
BTX - Beck Technical Research II - 1,000,001 Shares $5,540,005.54 NPV
NIC - Nestler Investment Corp. - 1,000,001 Shares $780,000.78 NPV
SLCX - SL Capital Exchange - 10,000,001 Shares $3,500,000.35 NPV

1 - BAY - Brittany Bay Resorts
==============================
BAY - Brittany Bay Resorts - 500,001 Shares $1,370,002.74 NPV
BTX - Beck Technical Research II - 40,001 Shares $221,605.54 NPV
SLCX - SL Capital Exchange - 1,000,001 Shares $350,000.35 NPV

2 - BIG - Beck Investment Group
===============================
BIG - Beck Investment Group - 300,001 Shares $1,650,005.50 NPV
BTX - Beck Technical Research II - 100,001 Shares $554,005.54 NPV
HIFI - HI-FIve™ - 65,001 Shares $65,001.00 NPV
MECH - Riot Mechs - 100,001 Shares $8,000.08 NPV
MLS - MiLOS Designs - 40,001 Shares $45,201.13 NPV
NIC - Nestler Investment Corp. - 200,001 Shares $156,000.78 NPV
SLCX - SL Capital Exchange - 4,850,001 Shares $1,697,500.35 NPV
SLR - SL Reports - 140,001 Shares $86,800.62 NPV
VBL - Verballis Translation Svc's. - 10,001 Shares $59,505.95 NPV

3 - BTX - Beck Technical Research II
====================================
BTX - Beck Technical Research II - 500,001 Shares $2,770,005.54 NPV
BAY - Brittany Bay Resorts - 100,001 Shares $274,002.74 NPV
SLCX - SL Capital Exchange - 2,000,001 Shares $700,000.35 NPV

SL CapEx Treasury Account
=========================
SLCX - SL Capital Exchange - 4,450,001 Shares $1,557,500.35 NPV

SL CapEx Trustee Services
=========================
BTX - Beck Technical Research II - 12,240 Shares $67,809.60 NPV
HBK - [ hoorenbeek ] - 125,001 Shares $71,250.57 NPV
HIFI - HI-FIve™ - 35,001 Shares $35,001.00 NPV
KDC - Karlfeldt & Delgado Capital - 102,501 Shares $86,100.84 NPV
MECH - Riot Mechs - 250,001 Shares $20,000.08 NPV
MLS - MiLOS Designs - 25,001 Shares $28,251.13 NPV
NIC - Nestler Investment Corp. - 116,501 Shares $90,870.78 NPV
SLCX - SL Capital Exchange - 150,001 Shares $52,500.35 NPV
SLR - SL Reports - 110,001 Shares $68,200.62 NPV
SLW - SLWallet.com - 2,000,001 Shares $360,000.18 NPV
VBL - Verballis Translation Svc's. - 14,001 Shares $83,305.95 NPV
YEP - Yellow Paperclip Corp - 35,001 Shares $25,550.73 NPV


in topic WEEKLY UPDATE - For CEO Posting ONLY! by Bogart Beck ]]> Sat, 01 Nov 2008 01:10:01 -0700 http://slcapex.com/forums/topic/BTX/2131/17116 http://slcapex.com/forums/topic/BTX/2132 BTX - Beck Technical Research II - September 2008 Financials - Posted 10/10/2008

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

BTX Shareholders,

The FutSL League arena has been moved to the Brittany Bay Resort SIM as mentioned last month... fly by and take a peek. If you or your company is interested in forming a team please contact me directly via bogart.beck@GMail.com.

I've begun working on the League Website and League Charter and am still confident that we're on track to launch its inaugural season in January of 2009.

BTX has taken a considerable position in the SL Capital Exchange as part of Scott Nestler and I acquiring the Exchange. In addition to the 100+K shares of BAY in its portfolio, BTX now directly controls 2M shares of SLCX. I am confident that this investment will provide a handsome return on investment for BTX shareholders.

Please find the September Income Statement and Balance Sheet below for your review. Until next month... Blessings!

Bogart Beck
BTX Chair & CEO

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

(SL CapEx: BTX) Beck Technical Research II - INCOME STATEMENT
PERIOD ENDING 30-Sep-08

Revenue
Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $81,125.00
TOTAL SALES REVENUE $81,125.00

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $330.89
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $-
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $330.89

Gross Profit (Loss) $80,794.11
Gross Margin (%) 99.59%

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 $80,794.11
Operating Margin (%) 99.59%

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

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $80,794.11
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $80,794.11

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

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $80,794.11
% of Revenue 99.59%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders $-
% of NIAS 0.00%

RETAINED EARNINGS $80,794.11
================================

(SL CapEx: BTX) Beck Technical Research II - BALANCE SHEET
PERIOD ENDING 30-Sep-08

Assets
Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $5,000.00
Short Term Invest. (336,023 Shares of SLCX @ NPV L$0.25 /share) $84,005.75
Net Receivables $-
Inventory (BBG Prints) (L$) 0.00 - 100% Write-down 08/31/08) $-
Other Current Assets-The Suit Factory (L$) 0.00-100% Write-down 05/08) $-

Total Current Assets $89,005.75
PLUS
Long Term Investments I (SLCX Invest. - 2M /sh @ NPV L$0.25 /sh) $500,000.00
Long Term Investments II (BAY Invest. - 105,501 /sh @ NPV L$4.00/sh) $22,004.00
Property Plant and Equipment (Hard Assets) NONE $-
Intangible Assets (Chromatique(tm)) (Carry @ L$1.00) $1.00
Goodwill - NONE $-
Accumulated Amortization - NONE $-

Total Assets $1,011,010.75

Liabilities
Current Liabilities
Accounts Payable -NONE - BIG SIM transferred to BAY 08/31/2008) $-
Current Portion Due of Long Term Debt - NONE $-
Other Current Liabilities - NONE $-

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

Total Liabilities - NONE $-

Stockholders' Equity
Preferred Stock $-
Common Stock - (BTX - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $80,794.11
Additional PAID-IN Capital $-
Treasury Stock - (BTX - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Other Stockholder Equity $-
Accumulated Surplus or (Deficit) $910,216.64

Total Stockholder Equity $1,011,010.75

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,011,010.75
=====================================================

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

in topic MONTHLY FINANCIAL REPORTS - CEO ONLY! by Bogart Beck ]]> Sat, 11 Oct 2008 00:20:48 -0700 http://slcapex.com/forums/topic/BTX/2132/16666 http://slcapex.com/forums/topic/BTX/2132 BTX - Beck Technical Research II - August 2008 Financials - Posted 09/10/2008

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

BTX Shareholders,

As part of the BAY/BTR-BTX Reverse-Merger transition we took a couple of one-time charges this month to clean-up the BTX Balance Sheet. Specifically, I've elected to fully write-down the Bo Beck Gallery Prints so that BTX doesn't need to support that asset valuation on the Balance Sheet. Going forward BTX will continue to recognize any BBG Sales as Revenue (Pure Profit) on the Income Statement. I also transferred the BIG Estate SIM to BAY as part of the merger. Goinf forward that expense burden will be borne entirely by BAY. That leaves BTX with a very clean Balance Sheet and ZERO Expense Burden at the moment.

This will allow me to complete the recently announced SL Futsal League I've mentioned previously in time to launch its inaugural season in January of 2009.

Rather than incur the expense of its own SIM, the league will rent space for its stadium on the BIG Estate SIM from BAY (at cost!). It's my hope that the Arena will also help drive traffic for BAY without addiding additional marketing expense - time will tell. I will re-rezz the Arena within the next few weeks on BIG Estate as time permits.

If you or your company is interested in forming a team please contact me directly via bogart.beck@GMail.com.

Until next month... Blessings!

Bogart Beck
BTX Chair & CEO

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

(SL CapEx: BTX) Beck Technical Research II - INCOME STATEMENT
PERIOD ENDING 31-Aug-08

Revenue
Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $5,000.00
TOTAL SALES REVENUE $5,000.00

Cost of Sales (or Cost of Goods Sold) GOGS
Sales Commissions Paid on Products and Services $-
Sales Commissions Paid on Sale of Stock $535.11
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $81,125.00
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $81,660.11

Gross Profit (Loss) $(76,660.11)
Gross Margin (%) -1533.20%

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 $(76,660.11)
Operating Margin (%) -1533.20%

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

Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $(76,660.11)
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $(76,660.11)

Other Non-recurring Events
Less Costs for Discontinued Operations $-
Less Asset Impairment (Goodwill write-down BBG Prints @ 100% ) $130,465.00
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $(207,125.11)
% of Revenue -4142.50%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders $-
% of NIAS 0.00%

RETAINED EARNINGS $(207,125.11)
================================

(SL CapEx: BTX) Beck Technical Research II - BALANCE SHEET
PERIOD ENDING 31-Aug-08

Assets

Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $10,000.00
Short Term Invest. (None This Period) $-
Net Receivables $-
Inventory (BBG Prints) (L$) 0.00 - 100% Write-down 08/31/08) $-
Other Current Assets-The Suit Factory (L$) 0.00-100% Write-down 05/08) $-

Total Current Assets $10,000.00
PLUS
Long Term Investments I (DCTY Investment - 100,001 shares) (NPV) $335,003.35
Long Term Investments II (BAY Investment - 100,001 shares) (NPV) $456,004.56
Long Term Investments III (BIG Investment - 100,001 shares) (NPV) $547,005.47
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 $1,348,014.38

Liabilities

Current Liabilities
Accounts Payable -NONE - BIG SIM transferred to BAY 08/31/2008) $-
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 - (BTX - 1.5 M Shares @ L$0.01 /share PAR Value) $15,000.00
Retained Earnings * (TAKEN DIRECTLY FROM INCOME STATEMENT) $(207,125.11)
Additional PAID-IN Capital $-
Treasury Stock - (BTX - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus $-
Other Stockholder Equity $1,535,139.49

Total Stockholder Equity $1,348,014.38

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,348,014.38
======================================================
CheckSum (Must equal ZERO) (IF not, your Balance Sheet has ERRORS) $0.00


in topic MONTHLY FINANCIAL REPORTS - CEO ONLY! by Bogart Beck ]]> Wed, 10 Sep 2008 23:29:30 -0700 http://slcapex.com/forums/topic/BTX/2132/16225 http://slcapex.com/forums/topic/BTX/2131 Bogart Beck Disclosure & Holdings Statement as of 09/01/2008

Update & Holdings Disclosure for Period Ending 08/31/2008 11:59PM SLT - Bo Beck

I will be working on the August Financial Statements for BAY, BIG, BTR and SLCX this week and expect to post them no later than Sunday, September 07, 2008.

Avatar Cash Balance L$654,873

SL CapEx CASH Equivalents ($Linden)
===================================
1 - BAY - Brittany Bay Resorts $11,533.75
2 - BIG - Beck Investment Group $11,769.00
3 - BTX - Beck Technical Research II $10,000.00
Bogart Beck Main $97.75
JT Investment Fund $0
SL CapEx Fraud Fund $10,238.52
SL CapEx GP $0
SL CapEx LongTerm Investments $0
Trustee Account - Bo Beck $0

PERSONAL HOLDINGS:
==================
BAY - Brittany Bay Resorts - 1,000,001 Shares $4,560,004.56 NPV
BIG - Beck Investment Group - 1,000,001 Shares $5,470,005.47 NPV
BTX - Beck Technical Research II - 1,000,001 Shares $5,210,005.21 NPV
NIC - Nestler Investment Corp. - 1,000,001 Shares $910,000.91 NPV
SLCX - SL Capital Exchange - 8,345,001 Shares $1,669,000.20 NPV

1 - BAY - Brittany Bay Resorts
==============================
BAY - Brittany Bay Resorts - 320,001 Shares $1,459,204.56 NPV
BIG - Beck Investment Group - 50,001 Shares $273,505.47 NPV
BTX - Beck Technical Research II - 33,501 Shares $174,540.21
DCTY - DreamCities.net - 10,001 Shares $33,503.35 NPV
NIC - Nestler Investment Corp. - 40,001 Shares $36,400.91 NPV

2 - BIG - Beck Investment Group
===============================
BIG - Beck Investment Group - 500,001 Shares $2,735,005.47 NPV
BTX - Beck Technical Research II - 100,001 Shares $521,005.21 NPV
MECH - Riot Mechs - 25,001 Shares $6,500.26 NPV
NIC - Nestler Investment Corp - 150,001 Shares $136,500.91 NPV
SLR - SL Reports - 150,001 Shares $97,500.65 NPV
SLW - SLWallet.com - 950,001 Shares $161,500.17 NPV
VBL - Verballis Translation Svc's - 8,501 Shares $48,795.74 NPV

3 - BTX - Beck Technical Research II
====================================
BAY - Brittany Bay Resorts - 100,001 Shares $456,004.56 NPV
BIG - Beck Investment Group - 100,001 Shares $547,005.47 NPV
BTX - Beck Technical Research II - 500,001 Shares $2,605,005.21 NPV
DCTY - DreamCities.net - 100,001 Shares $335,003.35 NPV

JT Investment Fund
==================
MECH - Riot Mechs - 90,001 Shares $23,400.26 NPV
WPM - Wise Property Management - 100,001 Shares $65,000.65 NPV

SL CapEx Fraud Fund
===================
HBK - [ hoorenbeek ] - 50,001 Shares $38,000.76 NPV
KDC - Karlfeldt & Delgado Capital - 50,001 Shares $32,000.64 NPV
MECH - Riot Mechs - 60,001 Shares $15,600.26 NPV
SLCX - SL CapEx - 20,001 Shares $4,000.20 NPV
SLR - SL Reports - 50,001 Shares $32,500.65 NPV
SLW - SLWallet.com - 1,250,001 Shares $212,500.17 NPV

SL CapEx GP
===========
NIC - Nestler Investment Corp - 118,001 Shares $107,380.91 NPV
SLW - SLWallet.com - 3,192,501 Shares $542,725.17 NPV

SL CapEx LongTerm Investments
=============================
SLW - SLWallet.com - 750,001 Shares $127,500.17 NPV
WPM - Wise Property Management - 100,001 Shares $65,000.65 NPV

Trustee Account - Bo Beck
=========================
Zero Shares Held at this time.

in topic WEEKLY UPDATE - For CEO Posting ONLY! by Bogart Beck ]]> Mon, 01 Sep 2008 10:34:40 -0700 http://slcapex.com/forums/topic/BTX/2131/16070 http://slcapex.com/forums/topic/BTX/2132 BTR - Beck Technical Research - July 2008 Financials - Posted 08/11/2008

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

BTR (Now BTX & BAY) Shareholders,

I'm pleased to report that the Reverse-Merger of Beck Technical Research (BTR) was successfully completed on 07/31/2008. BTR now trades under the ticker symbol of (BTX) and a NEW Entity Brittany Bay Resorts (BAY) was created.

Some historical perspective. In just (7) months my shareholders and I have managed to salvage a FAILED venture (SL Media Specialties which was HALTED at L$ 0.54 / share) and from that have created (3) vibrant and viable companies;

(BIG) Beck Investment Group - A diversified Investment Portfolio with an asset base of L$ 1.355M
(BTX) Beck Technical Research - An Intellectual Property Development Co with an asset base of over L$ 1.5M
(BAY) Brittany Bay Resorts - AN SL Property Management Company with Real Estate totalling 65,535 Sq/M.

As of this writing, BAY, BIG & BTX combined were trading at L$ 15.25 /share... this represents astonishing Market Cap Growth versus our humble beginnings.

And... we're NOT DONE YET! Our latest project, a Sports and Entertainment SIM is well underway at the Barbary Coast Estates - if you get a chance take a peek at the just completed Futsal Arena and Stadium complex erected at Plunder Bay. I anticipate that league formation will commence in early September with our Inaugural Season to launch in January 2008. If you or your company is interested in forming a team please contact me directly via bogart.beck@GMail.com.

Until net month... Blessings!

Bogart Beck
BTX Chair & CEO

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

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

Revenue
Consolidated Revenue - Products and Services - (Estate Mgmt, etc) $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 $8,226.26
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $81,125.00
(ALL) - Marketing & Advertising Expense (NONE) $-
TOTAL COST OF SALES $89,351.26

Gross Profit (Loss) $10,648.74
Gross Margin (%) 10.65%

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 $10,648.74
Operating Margin (%) 10.65%

Other Income from Continuing Operations
Other Income - (LAND SALES) $-
Other Income - Dividends Earned $3,448.08
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $-
Misc. Income - CEO Market Maker Commission Earned (N/A) $-
TOTAL OTHER INCOME $3,448.08

Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $14,096.82
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $14,096.82

Other Non-recurring Events
Less Costs for Discontinued Operations $-
Less Asset Impairment $-
Less Effect Of Accounting Changes $-
Less Other Items $-

NET INCOME APPLICABLE TO SHAREHOLDERS (NIAS) $14,096.82
% of Revenue 14.10%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Shareholders $-
% of NIAS 0.00%

RETAINED EARNINGS $14,096.82
==============================

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

Assets

Current Assets
Cash And Cash Equivalents (CapEx BTR Balance) $6,351.52
Short Term Invest. (160,001 shares of BIG) $968,006.05
Net Receivables $-
Inventory (1x 485 JPG BBG Prints) Carried @ $L269.00 Each $130,465.00
Other Current Assets $-

Total Current Assets $1,104,822.57

PLUS

Long Term Investments (DCTY Investment - 120,001 shares) (NPV) $438,368.65
Property Plant and Equipment (Hard Assets)
Intangible Assets (Chromatique(tm) (Carry @ L$1.00) $1.00
Goodwill - NONE $-
Accumulated Amortization - NONE $-

Total Assets $1,543,192.22

Liabilities

Current Liabilities
Accounts Payable -July Tier - BIG Estates - Due 08/14/2008 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) $14,096.82
Additional PAID-IN Capital $-
Treasury Stock - (BTR - 500,000 Shares @ L$0.01 /share PAR Value) $5,000.00
Capital Surplus $-
Other Stockholder Equity $1,427,970.40

Total Stockholder Equity $1,462,067.22

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,543,192.22

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


in topic MONTHLY FINANCIAL REPORTS - CEO ONLY! by Bogart Beck ]]> Mon, 11 Aug 2008 09:23:57 -0700 http://slcapex.com/forums/topic/BTX/2132/15569 http://slcapex.com/forums/topic/BTX/2138 Jan 3rd, 09:56
CloudDeck Boa BTR Forward Guidance
Bo - Given your successful track record and the respect I have gained for you based on reading many of your posts and seeing how you have handled various challenges, I'm inclined to hold onto my shares I obtained through the reverse merger even if there is not yet any appreciable BTR revenue as long as guidance is provided. Are you willing to provide forward guidance for revenues and expenses for BTR for the coming months?

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
[ moderator: delete edit ] Reply
Jan 3rd, 13:30
Bogart Beck Re: CEO Q&A

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
[ author: delete edit ] Reply
Jan 3rd, 14:48
Stroh Bing Re: CEO Q&A
Bo sounds a little busy :-)
[ moderator: delete edit ] Reply
Jan 4th, 16:37
CloudDeck Boa Re: CEO Q&A
Thanks Bo.
[ moderator: delete edit ] Reply
Jan 8th, 21:24
Bogart Beck Bo Beck Statement in re: LL Banking Policy - 01/08/2008

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

[ author: delete edit ] Reply
Jul 8th, 10:00
iVentures Volitant Re: CEO Q&A
Can someone post the latest LL announcement regarding non-bank financial entities?

Thanks.

iV
[ moderator: delete edit ] Reply
Jul 8th, 10:41
Bogart Beck Re: CEO Q&A

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 - Questions for CEO HERE Please by Bogart Beck ]]> Fri, 01 Aug 2008 12:42:49 -0700 http://slcapex.com/forums/topic/BTX/2138/15239 http://slcapex.com/forums/topic/BTX/2138 BTX - Beck Technical Research Q&A - Questions for CEO HERE Please

Please Post any Questions you may have for Bo Beck in re; BTX in this Section. I'll try to answer questions posted here within 24 hours where possible.

Thx,

Bo Beck

in topic CEO Q&A - Questions for CEO HERE Please by Bogart Beck ]]> Fri, 01 Aug 2008 12:41:30 -0700 http://slcapex.com/forums/topic/BTX/2138/15238 http://slcapex.com/forums/topic/BTX/2137 Jan 1st, 13:05
Bogart Beck Bo Beck Group (BBX) Shareholder Meeting MINUTES - 12/18/2007

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] Travis Ristow: Congrats Bogart
[19:46] Kubi Beam: Congrats
[19:46] Yanik Lytton: congrats Bo
[19:46] Kadena Whitfield: Congrats

[19:46] You: Be it Resoved that I, Bogart Beck, will serve as BBX Chairman for the 2008 Fiscal Year

[19:47] Reina Ferraris: Congratultions Bogart
[19:48] Nathanael Westland: Congratulations, Bogart

[19:48] You: It is a little premature to discuss formation of the DRM Team, but, at least for the initial (interim) period I will ask that Kubi and Travis serve until such time as Officers can be elected to serve that entity

[19:49] You: That concludes the OFFICIAL Business we have this evening. At this time I'd like to open the floor to any Questions you may have...

[19:49] Travis Ristow: Describe "short term" lol
[19:49] You: Until I'm sick of yer 'tude... short enough? ;-)
[19:49] Kadena Whitfield: lol
[19:49] Travis Ristow: SWEET!

[19:50] You: Are there any questions from the audience this evening regarding BBX or its performance this quarter?

[19:50] Alyssya Vella: Bo, on running through BBX details i noticed that the prospectus still shows the SLMS plan and details... is there a reason for this? with a completely new company movement would it not be wise to update this?

[19:51] You: Actually Alyssa, yes there is... our current software LOCKS the prospectus on IPO... We're working with our programmer to change that going into the new year (as soon as it is ready i will post a CURRENT BBX Business Plan there as a replacement.

[19:52] You: Arbitrage and I are working diligently to whittle down the list of NEEDED enhancements - trust that that one iis at the TOP of the list ;-) (right Travis?) LOL

[19:52] Alyssya Vella: OK good to hear... not great when i send prospective investors to read your prospectus... and.. well i'm sure you can see the dissadvantage there ;-) good to hear its being resolved

[19:52] Travis Ristow: lol

[19:52] Alyssya Vella: thank you

[19:52] Travis Ristow: NP Marc has given up!

[19:53] Yanik Lytton: ?

[19:53] Alyssya Vella: lol

[19:53] Travis Ristow: NDX Prospectus has not changed Yanik

[19:53] You: TrMr. Ristow also has the same issue with NDX as well as Kubi's current entity (we're each Acquireres of our firms so at the moment we're stuck with the LEGACY.

[19:53] You: It will be resolved soon we hope

[19:54] Alyssya Vella: ah great perk huh? well heres hoping that changes shortly ;-)

[19:54] Yanik Lytton: when you say BBX shareholders compensated with DRM dollars for dollars - will DRM be IPO'd and at what price? same as BBX currently trading?

[19:55] You: Actually, the DRM will NOT be IPO'd it will actually be SPUN OFF into a vacant shell. A secondary offering will follow...

[19:58] You: The DRM IP is an existing asset on a listed Co Balance Sheet so there is no IPO req'd... simply a matter of placing it into a vaible entity, accounting for its valuation in the new entity and ammending the BBX Balance Sheet to accont for the asset transfer... Sorry Accounting Mumbo Jumbo... but essentially take a dollar out of 1 pocket and placing it in another...

[19:58] You: I'll give a brief exaample...

[19:58] Yanik Lytton: please

[19:59] Cornelious Beck: my speciality :P

[19:59] You: At present BBX is trading at 3.00 per share roughly

[19:59] You: Lets assume that the DRM IP is worth 1.00 of the 3.00

[20:00] You: Upon Split tyou would have two entities with the exact same share allocation and shareholders... one with a valuation of 1.00 per share and one with a valuation of 2.00 per share...

[20:02] You: Shareholders maintain 100% of their asset valuation but have unlocked the value of an asset to track on its own merit (and, in this instance raise additional capital without burdening the asset pool of the OTHER entty... does that make sense to everyone?

[20:02] Travis Ristow: yes
[20:02] Cornelious Beck: yes
[20:02] Kubi Beam: yes

[20:02] Yanik Lytton: so BBX total number of shares should go down too?

[20:02] Yanik Lytton: transfered to DRM

[20:03] You: NO... 2M shares curently in BBX *at 3.00 sh)...

[20:03] You: 2M shares would be created in DRM (assume at 1.00 per share)

[20:03] Cornelious Beck: number of shares split also

[20:04] Cornelious Beck: ??

[20:04] You: NOT TRUE Cornelius... this is an ASSET SPIN not a share SPLIT

[20:04] Alyssya Vella: no, value of the share not the number of shares is what is effected

[20:04] Cornelious Beck: ok my mistake,

[20:04] You: 2M @ 3,00 sh = 2M @ 2.00 + 2M @ 1.00... make sense?...

[20:05] Cornelious Beck: ahh ok
[20:05] You: Was doing that Arbitrage accounting again... tee hee
[20:05] Cornelious Beck: lol
[20:05] You: sorry Boss - couldn't resist.
[20:06] Cornelious Beck: am loving learning about arbitrage methods
[20:06] Arbitrage Wise: lol

[20:06] You: All we're doing in spinning DRM OUT is to allow it to trade ALONE and Raise its OWN capital

[20:06] Yanik Lytton: but the BBX shares are already profitable. so we're kinda of losing a 3rd to a future profit

[20:06] Yanik Lytton: dividend wise

[20:07] Travis Ristow: No because you are getting the same value you already had

[20:07] Travis Ristow: just is 2 seperate stocks

[20:07] You: Yanik, at present DRM contributes ZERO to the Income of BBX (it is unfinished)... if we leave it INSIDE BBX it's development cost will drive DOWN the valuation of the BBX FINANCIAL assets (which are presently worth 2.6M

[20:07] Alyssya Vella: well, and correct me if i'm wrong Bo... but it is unlikely you will actually see any value decrease (or share price decrease) in BBX shares as this would imply (just to speak of BBX shares specifically and not to take into account your new DRM holdings)

[20:07] Yanik Lytton: true

[20:08] You: so the point is to PROTECT the FINANCIAL SERVICES valuation

[20:09] You: Well... it will GO DOWN by a DOLLAR on Issue... but, if you know how aggressive I am, I wouldn't expect it to stay at $2 for more than a nano second... BUT that all depends on the shareholders too

[20:09] You: All I can do is BUY and SELL at Market or LIMIT... you all set the price of the Public Float ;-)

[20:10] You: BUT, in short, YES, it would be the Boards expectation that BOTH stocks would trade HIGHER than their issue price in short order - that's our JOB

[20:11] Yanik Lytton: thanks. i understand better now

[20:11] Alyssya Vella: OK clarify for me... i understand the intrinsic VALUE of BBX is being split off with a portion of that value going to DRM.. but how are you going to reflect this in the BBX share price? i mean... how are you going to impliment the price going down by a dollar?

[20:12] Alyssya Vella: (without buying out all the buy orders i mean? sorry not really sure how this is implimented in SL)

[20:12] You: The Exchange will adjust the shareprice of BOTH stocks on OPEN the day they begin trading together... one at 2.00 (BBX) the new one at 1.00... that is just mechanics

[20:13] Alyssya Vella: OK and there will be plenty of warning of this happening? and perhaps a brief freeze period on BBX trades to take this into account?

[20:13] Yanik Lytton: wonder how i'll fit that on my Excel sheet

[20:13] Alyssya Vella: lol thinking the same thing Yanik ;-)

[20:13] You: There is an INSTANT each DAY (when the trading clock rolls over). At that Instant ALL cuurrent LIMIT Asks or Bids would be CANCELLED

[20:13] Alyssya Vella: OK

[20:13] Alyssya Vella: thank you Bo, i'm clear now

[20:14] You: Does that help everyone?

[20:14] Travis Ristow: yes
[20:14] Alyssya Vella: very much so
[20:14] Yanik Lytton: yes thanks
[20:14] Nathanael Westland: yes

[20:14] Sully Okelly: I've missed some, but why not IPO the DRM compnay and have it buy the property rights from BBX?

[20:14] You: NET NET there is NO CHANGE in intrinsic value... just two pies instead of one

[20:15] Sully Okelly: exactly

[20:15] Alyssya Vella: for existing shareholders, yes ;-)

[20:16] You: Because I DON'T NEED to IPO it... I already own 86% of the IP... I can effectively sell shares into the market AND do a secondary if necessary... IPO is for an entity that has no shareholders... BBX has shareholders

[20:16] You: does that answer yer question Sully?

[20:17] Travis Ristow: This is already your asset - why would you not want to develope it?

[20:17] Alyssya Vella: on that Bo (your personal holdings), i have an odd one..

[20:17] You: Actually *I* only own 50% + 1 share... the remaining shares actually are TREASURY so WE OWN THEM... do you really wanna DILUTE THAT?

[20:17] Alyssya Vella: ah nm... that answers it

[20:17] Travis Ristow: It really would make no sense to IPO at this point.

[20:18] You: TY Travis...

[20:18] You: Me thinx sir Kubi is napping o'er there... must ahave been a long night P-Daddying!

[20:19] Travis Ristow: The Value that will be gained by this spin off is greater then what it could offer as an asset of BBX.

[20:19] Kubi Beam: I am still here, don't worry.

[20:19] You: EXACTLY... good memory - I think we talked about this exact scenario ... last weekend?

[20:19] Travis Ristow: LOL

[20:20] You: Can I answer any other questions from the floor?

[20:20] Alyssya Vella: one more

[20:21] Travis Ristow: Yes - But it does make sense - In essense we are taking what could turn into a liability - left in its current position - and giving it a chance to become profitable - and benefit everyone.

[20:21] Travis Ristow: I am off the soap box!

[20:21] Alyssya Vella: i know it was mentioned that this is an annual meeting.. but you seemed to be implying the wish for shareholders involvement and interest in the GROWTH of BBX (and now DRM)... did i misunderstand? will you be having more regular shareholder meetings? or with the board in place, do you feel this uneccessary?

[20:22] You: I will hold REGULAR Shareholder MTGS... This one was declared ANNUAL primarily for purposes of electing OFFICERS...

[20:23] You: I expect to meet with shareholders at least once per quarter...
[20:23] You: but you can ALWAYS IM me or post messages on the SL CapEx Forum... I troll That HOURLY

[20:23] Sully Okelly: lol
[20:23] Travis Ristow: I hate Trolls
[20:23] You: Ask Sully... ;-))
[20:23] Nathanael Westland: lol
[20:23] Sully Okelly: lol

[20:24] Alyssya Vella: OK, taking into consideration the announcement of the new DRM project and planned changes... do you think you might consider a meeting at perhaps a shorter interval from now?
[20:24] Alyssya Vella: (so we can all get a update after youve had a chance to get the ball rolling, and ask any additional queries then (i am SURE there will be many of them duriong this period)
[20:24] Alyssya Vella: *during

[20:25] You: I will host one additional meeting immediately following Formation of the DRM entity so that we have an opportunity to share ITS value proposition with potential NEW investors that may be solely interested in IT

[20:25] Alyssya Vella: perfect
[20:25] Alyssya Vella: thank you Bo

[20:26] You: Well... I hope this evening was informative and helpful. THANK YOU each for showing an interest in YOUR company...

[20:26] Travis Ristow: Thank you Bo
[20:26] Nathanael Westland: Thank you very much, Bo
[20:26] Yanik Lytton: thanks Bogart
[20:26] Scott Nestler: Thank you
[20:26] Kubi Beam: Thank you for the meeting, Bo.
[20:26] Alyssya Vella: Thank you for your time Bo, congrats to yourself, Travis and Kubi and best of luck with all
[20:26] Travis Ristow: Woot!!

[20:26] You: I think we've come a long way in a short time, but have miles to go... (someone famous said something like that somewhere... LOL)

[20:27] Nathanael Westland: they were probably walking

[20:27] You: With that I move for adjournment...
[20:27] Scott Nestler: Second

[20:27] You: thank you all for coming...

[20:28] Sully Okelly: Could someone notecard me the meeting please

[20:28] You: I will post a notecard with ALL Minutes within 48 Hours...
[20:28] Alyssya Vella: perfect
[20:28] Sully Okelly: fair enough, I just want to check you out Bo, lol

[20:29] You: Thanks Arb, Travis and Kubi... I understand 1.5 hours is a lot to ask of each of you

[20:29] Travis Ristow: Good night all, It is no problem at all Bo.

[20:29] Sully Okelly: Good night everyone and Merry Christmas/Happy Holidays

[20:29] Scott Nestler: Good Night All

MEETING ADJOURNED at 20:30 SLT - Tuesday, December 18, 2007

Submitted,

Bogart Beck
Chairman, BBX


in topic BBX/BTR - Historical Archive by Bogart Beck ]]> Fri, 01 Aug 2008 12:36:31 -0700 http://slcapex.com/forums/topic/BTX/2137/15237 http://slcapex.com/forums/topic/BTX/2137 Jan 1st, 12:19
Bogart Beck SLMS Recapitalized as Bo Beck Group (BBX) - 10/15/2007
Edited by author Jan 1st, 12:30

Oct 15th, 19:58
Bo Beck (as Posted by Arbitrage Wise)
SLMS Recapitalized as Bo Beck Group (BBX)
- to begin trading at 6PM October 15/2007 - 5:30PM SLT

To whom it may Concern:

On behalf of the SL Capital Exchange Board of Directors I am pleased to report that the long awaited resolution for SLMS has arrived. Foremost I'd like to apologize to those SLMS shareholders who have waited patiently with little information forthcoming from the Exchange. This past month has been a challenging adventure for all of us - so let's get THIS ONE in the rearview mirror. I will caution up front that the mechanics of this particular restructure are somewhat complex and has thus taken the better part of ten days to accomplish.

Ultimately, to make a very long story short, here's what we've accomplished. Effective at 6PM SLT this evening the former SLMS will resume trading as BBX - Bo Beck Group. This has been accomplished by MERGING the assets of two Privately Funded entities (Bo Beck Galleries - a retail Art Gallery you may be familiar with, and the Bo Beck Index - a private stock fund) into the vacant shell of SLMS after having succesfully liquidated the remaining assets of Fresh Babenco. The Surviving entity is Bo Beck Group (BBX). A NEWLY FORMED Board of Directors met this morning and have ratified this recapitalization plan unanimously. Additionally the Board unanimously appointed myself as Chairman and Chief Executive of the BBX. Effective immediately the Board of BBX is as follows;

Bogart Beck - Chairman, CEO
Travis Ristow - Outside Director
Kubi Beam - Outside Director

The remaining Executive Team will be named shortly.

So... how did we accomplish this? Foremost, I'd like to thank Arbitrage Wise, Chairman of SL Capital Exchange (and my boss), for allowing me to liquidate a portion of my CapEx portfolio over the last Ten Days - without his total and extraordinairre cooperation, this progressive plan could not have been accomplished.

For DISCLOSURE PURPOSES, I have sold at market approximately 1.7M shares of my personal holdings of SLCX over a period of ten days beginning October 4th and ending October 14th at prices ranging from $.29 to $.35 Lindens per share. A majority of the proceeds of which I have reallocated for purposes of this new venture.

The New Capital Structure is as follows;

Assets held in Bogart Becks BBX INDEX FUND SUB-ACCOUNT @ 12:01AM SLT 10/15/2007

Ticker Company Name Sh/Units Total Value Per Share

DGD Dragon Global Diversified 1,800 4,374.00 2.43
HBK [ hoorenbeek ] 3,000 3,150.00 1.05
INC Innovative Inc. 4,000 3,800.00 0.95
ITA WNB Italian Lands 4,200 4,326.00 1.03
JTIC JT Investment Certificates 6,500 6,760.00 1.04
KDC Karlfeldt & Delgado Capital 4,600 3,312.00 0.72
LNL L&L Bank and Trust 5,000 3,300.00 0.66
MECH Riot Mechs 3,100 3,100.00 1.00
NDX Innovative Index Fund 2,600 3,900.00 1.50
SLCX SL CapEx 300,000 93,000.00 0.31
SLR SL Reports 4,000 2,840.00 0.71
SLTM SL Tronics Media 1,000 2,700.00 2.70
TNW Tnw Designs and Real Estate 2,000 2,580.00 1.29
VBL Verballis 1,750 5,145.00 2.94
XXX Tropical Temptations 1,000 1,860.00 1.86
YEP Yellow Paperclip Corp 3,000 4,530.00 1.51
ZEN Zhenya Zoning Real Estate Co 2,300 2,116.00 0.92

BBX STOCK CONTRIBUTION 349,850 150,793.00 0.43
BBX CASH CONTIBUTION 100,000.00

Proceeds of Fresh Babenco / SLMS Seizures
FRESH BABENCO MAIN (Cash) 2,998.66
NDX FRESH NDX SHARES 1,653 2,479.50 1.50
LNL FRESH LNL SHARES 1,000 660.00 0.66

+++ SUBTOTAL 256,931.16
BBG ASSET VALUATION* (Min. Req'd.) 326,068.84 (For COMPARATIVE PURPOSES)

>>>> GRAND TOTAL 1,100,000 583,000.00 0.53 PRICE WHEN HALTED

SLMS FRESH SLMS SHARES 602,695 319,428.35 0.53
SLMS FLUTTER SLMS ACCT 19 10.07 0.53
SLMS SLMS SUB-ACCT SLMS 10 5.30 0.53

TOTAL FRESH BABENCO SLMS SHARES = 54.80%
Kubi Beam 128,225 67,959.25 0.53 1.70% Silverblade Dagger 57,623 30,540.19 0.53 5.20%
Other shareholders 311,428 165,056.84 0.53 28.30%

>>>> TOTAL SHARES(SLMS SHELL) 1,100,000 583,000.00 0.53 100%

RECAPITALIZATION PLAN: MERGE Privately Held BBX into SLMS
RENAME SLMS to Bo Beck Group (BBX)
APPROVE STOCK SPLIT and Additional Paid-In-Capital
Authorized and Issued: 2,000,000 Shares @ $.75 L Per Share Unrestricted

BBG Tangible Assets (ADDITTIONAL ASSETS TO BE ADDED)

8192 sq/M @ JT WORLD II 8,192 63,075.12 7.70 $sq/M Reuters
4096 sq/M @ JT WORLD II 4,096 31,537.56 7.70 $sq/M Reuters
485 BBG Hi-Quality Photo's 485 130,465.00 269.00 $1 US Per Pic (269:1)
ACE KLMU (BBG Galleries x2) 2 1,980.00 990.00
MIDTOWN - Santa Maria Tower 1 5,500.00 5,500.00
MIDTOWN -1440 Wilshire 1 4,750.00 4,750.00
MIDTOWN - Vertilus 1 1,000.00 1,000.00
BLIP - st001 store - (deco) 1 400.00 400.00
BLIP - st102 store - (deco) 1 550.00 550.00
Split Script Original Source Lic 1 600.00 600.00
Miscellaneous Furniture&Fixtures 1 3,370.00 3,370.00

BBG Intangible Assets* (IP Valuation)

Derivative/Residual Script(Dvp.) 750,000.00 750,000.00
BBG Chromatique™ Photo Process 250,000.00 250,000.00

BBG ASSET VALUATION * (Actual) 1,243,227.68
+++ Plus SUBTOTAL (see above) 256,931.16

RECAPITALIZATION GRAND TOTAL 1,500,158.84

$0.75L OPENING SHARE PRICE AT CONVERSION

Well... there you have it... I will publich a Formal Operating Plan no later than 11/01/2007... we will be primarily working through the remaining formation requirements in the interim and will report a SHORT MONTH's result for October.

Previous SLMS shareholders should recognize an IMMEDIATE 30% premium in their BBX share valuation versus the day SLMS was halted. I pray this was worth the wait.

Blessings,

Bogart Beck
CEO, CapEx

Chairman, Ceo
Bo Beck Group
[ author: delete edit ] Reply
Jan 1st, 12:24
Bogart Beck Bo Beck Group - Financials - Period Ending 10/31/2007

October Financial

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

Revenue
Products (Bo Beck Gallery Gross Sales - (BBG) $ 5,413.00
BBX Investment Portfolio Revenue (Bo Beck Index - BBX) $ 182,609.21
Real Estate Rental <TIER> (Bo Beck Commercial - BBC) $ 0.00
TOTAL SALES REVENUE $ 188,022.21

Cost of Sales (or Cost of Goods Sold) COGS
BBG Products (Sales Commissions Paid-Ariel Aster) $ 2,457.00
BBX Services (Trade Commissions Paid on Sale of Stock) $ 2,577.15
BBC Real Estate (ie; Tier PAID + RE Sales Commissions) $ 32,564.00
Marketing & Advertising Expense (SculptyPaint Group) $ 1,000.00
TOTAL COST OF SALES $ 38,598.15

Gross Profit (Loss) $ 149,424.06
Gross Margin (%) 79.47%

Operating Expenses
Research & Development (Broadway Live - Albion) $ 1,650.00
General and Administrative (Mgmt & Admin Salaries)<NONE>$ 0.00
Non Recurring (ONE-TIME) BBC Prim Fixtures (RCC @ JT-II)$ 4,840.00
Others / Miscellaneous (Add'l Structures for BBC-BLIP) $ 2,000.00
TOTAL OPERATING EXPENSES $ 8,490.00

Operating Income or Loss $ 140,934.06
Operating Margin (%) 74.96%

Other Income from Continuing Operations
Other Income (LAND SALES) $-
Other Income (Sale of Investment Stocks, Div., etc.) $-
Interest Earned on DEPOSITS (Short Term Invest.) $ 1,397.47
TOTAL OTHER INCOME $ 1,397.47
Less Other Expenses (NET) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $ 142,331.53
Less Interest Expense $-
Less Income Tax Expense $-
Less Asset Depreciation (NET From Balance Sheet) $-
Less Other Adjustments $-

NET INCOME FROM CONTINUING OPERATIONS $ 142,331.53
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) $ 142,331.53
% of Revenue 75.70%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 0.00%
Less DIVIDEND to Common Stock Shareholder $-
% of NIAS 0.00%

RETAINED EARNINGS $ 142,331.53


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

Assets
Current Assets
Cash And Cash Equivalents $ 102,998.66
Short Term Investments $ 3,139.50
Net Receivables $-
Inventory $ 130,465.00
Other Current Assets $-

Total Current Assets $ 236,603.16

PLUS
Long Term Investments (BBX Index Portfolio) $ 150,793.00
Property Plant and Equipment (Hard Assets) $ 112,762.68
Goodwill - NONE $-
Intangible Assets (Chromatique(tm) & Derivative Works Script) $1,000,000.00
Accumulated Amortization - NONE $-
Other Assets (Land Acquisitions @ JTII & Broadway Live) $ 142,172.69

Total Assets $1,642,331.53

Liabilities
Current Liabilities
Accounts Payable $-
Current Portion Due of Long Term Debt (this mo portion) $-
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 * (DIRECTLY FROM LINE 53 of INCOME STATEMENT) $ 142,331.53
Additional PAID-IN Capital $-
Treasury Stock - (BBX - 602724 Shares @ L$.75 /share) $ 452,043.00
Capital Surplus $-
Other Stockholder Equity $-

Total Stockholder Equity $1,642,331.53

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,642,331.53
[ author: delete edit ] Reply
Jan 1st, 12:29
Bogart Beck Bo Beck Group - Financials - Period Ending 11/30/2007

BBX November Financial Statements - BBX

(SL CapEx: BBX) Bo Beck Group - INCOME STATEMENT
------------------------------------------------
PERIOD ENDING 30-Nov-07

Revenue
Consolidated Revenue - Products and Services $96,974.13
TOTAL SALES REVENUE $96,974.13

Cost of Sales (or Cost of Goods Sold) COGS
Sales Commissions Paid on Products and Services $3,630.00
Sales Commissions Paid on BBX Index Fund Sale of Stock $9,454.00
Real Estate Tier Paid & Commissions Paid on Sale of Real Estate $36,568.00
(ALL) - Marketing & Advertising Expense (NONE this Period) $-
TOTAL COST OF SALES $49,652.00

Gross Profit (Loss) $47,322.13
Gross Margin (%) 48.80%

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

Operating Income or Loss $47,322.13
Operating Margin (%) 48.80%

Other Income from Continuing Operations
Other Income - (LAND SALES) (Footnote 3) $4,096.00
Other Income - Dividends Earned $36,073.74
Interest Earned on DEPOSITS or CD's (Short Term Invest.) $810.52
Misc. Income - CEO Market Maker Commission Earned on BBX $1,099.79
TOTAL OTHER INCOME $42,080.05
Less Other Expenses (NET) (add Footnote) (4) $-

Earnings Before Interest, Taxes, Depreciation, Adjust. (EBITDA) $89,402.18
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 $89,402.18

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) $89,402.18
% of Revenue 92.19%
Less DISBURSEMENT to Preferred Stock Shareholders $-
% of NIAS 00.00%
Less DIVIDEND to Common Stock Shareholders $40,000.00
% of NIAS 44.74%

RETAINED EARNINGS $49,402.18

CURRENT PERIOD FOOTNOTES - (Management Discussion / Explanation)
In re: Non Recurring (ONE-TIME) Expenses (add Footnote) (1) N/A
In re: Others / Miscellaneous (add Footnote) (2) N/A
In re: Other Income (LAND SALES) (add Footnote) (3) Sale 4096sq/M @ JTF
In re: Less Other Expenses (NET) (add Footnote) (4) N/A
In re: Less Income Tax Expense (add Footnote) (5) N/A
In re: Less Other Adjustments (add Footnote) (6) N/A
In re: Less Costs for Discontinued Operations (add Footnote) (7) N/A
In re: Less Asset Impairment (GoodWill write-down) (add Footnote) (8) N/A
In re: Less Effect Of Accounting Changes (add Footnote) (9) N/A
In re: Less Other Items (add Footnote) (10) N/A


(SL CapEx: BBX) Bo Beck Group - BALANCE SHEET
---------------------------------------------
PERIOD ENDING 30-Nov-07

Assets
Current Assets
Cash And Cash Equivalents ($Lindens on Deposit) $90,877.13
Short Term Invest. (107,276 /sh.BBX @ avg. L$1.05/sh (cost basis) $112,498.58 *
(*NOTE: Non-Treasury Shares Purchased on Open Market for Short Term Investment)
Net Receivables $-
Inventory (1x 485 JPG BBG Prints) Carried @ $L269.00 Each $130,465.00
Other Current Assets $-

Total Current Assets $333,840.71
PLUS

Long Term Investments (BBX Index Portfolio) $197,411.47
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 $-

Other Assets (JT II Land SOLD 11/28, Broadway Live Converted to Rental) $-

Total Assets $1,549,402.18

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) $49,402.18
Additional PAID-IN Capital $-
Treasury Stock - (BBX - 602724 Shares @ L$.75 /share) $452,043.00
Capital Surplus $-
Other Stockholder Equity $-

Total Stockholder Equity $1,549,402.18

TOTAL LIABILITIES & SHAREHOLDERS EQUITY $1,549,402.18
[ author: delete edit ] Reply
Jan 1st, 12:43
Bogart Beck BBX & SLCX Issue Unsolicited Tender Offer for ISE - 11/21/2007

For Disclosure Purposes please find attached the Terms and Conditions of an Unsolicited Tender Offer for a controlling interest in the International Stock Exchange of Second Life (ISE)that was submitted this morning by Bo Beck Group (BBX) in partnership with the SL Capital Exchange (SLCX). Please contact myself or Arbitrage Wise directly should you have any questions regarding this offer.

Respectfully,

Bo Beck
CEO, BBX

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

PROPOSAL FOR INTERNATIONAL STOCK EXCHANGE OF SECOND LIFE CONSIDERATION

To: Cocky Dagger, Chairman - International Stock Exchange

From: Bogart Beck, Chairman - Bo Beck Group
Arbitrage Wise, Chairman - SL Capital Exchange

Date Submitted: Wednesday, November 21, 2007 - 12:01AM

Mr. Dagger:

On behalf of the Bo Beck Group, and in partnership with the SL Capital Exchange, (hereinafter "the Partnership"), please accept this letter as a FORMAL TENDER OFFER to purchase a controlling voting interest, (755,000 of the issued and outstanding shares; slightly greater than 50%), in the INTERNATIONAL STOCK EXCHANGE of Second Life, pursuant to and contingent upon all of the Terms and Conditions set forth herein. Notwithstanding a mutually agreeable extension or FORMAL ACCEPTANCE of said terms, this offer shall expire at 12:01AM (SLT) on Wednesday, November 28, 2007.

As we have discussed briefly, the undersigned hereof firmly believe that we can help ISE and the companies listed on ISE to substantially unlock hidden share value in their respective securities simply by moving them to a more active and vibrant market, to wit the SL Capital Exchange. On volume and liquidity alone most issues could see a 15-20% jump in market capitalization within thirty days of move.

Upon sucessfully relisting each of the current ISE-listed companies on the SL Capital Exchange, it would be our intend to re-purpose and re-brand the ISE platform as a boutique Microcap Exchange to specifically cater to small, medium and startup businesses requiring capitalization of less than $500 thousand Lindens. Listing requirements would be moderately relaxed, however, trading commissions and Initial Public Offering (IPO) Underwriting fees would be marginally higher to help balance the risk-reward potential of small-cap securities. We believe that when re-branded, trading and providing Exchange Services as International Small Equities (ISE), this unique niche market, thus far untapped within Second Life, should provide significant upside potential for ISE investors and small-cap companies alike.

Upon tender, the forementioned ISE share majority will be held by Bo Beck Group (BBX) as a strategic investment and longterm Capital Asset. If you so desire, it would be my pleasure to nominate you as a full voting Board Member of Bo Beck Group. Currently the Board is comprised of myself, Travis Ristow of BCX Bank, and Kubi Beam a longterm SL CapEx Investor and trusted confidant. Additionally, to help assure ISE Investor confidence and continuity of the professionalism you have clearly demonstrated at the helm of ISE, I would also ask that you agree to stay onboard as Chief Executive Officer of ISE for a minimum of six (6) months, and serve as a full voting Board Member for the remainder of your current term. We would however immediately move to reform your Board of Directors, adding three additional full voting members, (Travis Ristow, Arbitrage Wise and Bogart Beck), with each Board Member to serve One Year renewable terms, and, a Board Chairman to be nominated and ratified each year. Clearly, our intent is not to displace ISE or its leadership but rather to enhance and improve its longterm prospects. Given market sentiment, time is of the essence. As such, please reply with your comments and any questions you may have as quickly as reasonably possible. The specific Terms and Conditions of this offer are as follows;

TERMS:

Whereas Bo Beck Group, (herein BBX), is a virtual Corporation presently trading on the SL Capital Exchange trading network, with shares trading under the ticker symbol (BBX), and,

Whereas the SL Capital Exchange, (herein SLCX), is a virtual Corporation presently trading on the SL Capital Exchange trading network, with shares trading under the ticker symbol (SLCX), and,

Whereas, the International Stock Exchange of Second Life, (herein ISE), is a virtual Corporation trading on the SL International Stock Exchange trading network, with shares trading under the ticker symbol (ISE), and,

Wheras all of the above referenced virtual Corporations valuate their respective companies using the Second Life virtual and fictitous monetary currency commonly referred to as "Linden Dollars", (herein $L), as issued by Linden Labs, Inc. (herein LL), and subject to the Terms of Service provided therewith,

As sole consideration, "the Partnership" proposes to purchase via private sale exactly seven hundred fifty-five thousand shares (755,000) or just over fifty percent (50%+) of the issued and outstanding shares of ISE in a direct unrestricted CASH AND STOCK transaction, and shall within five(5) business days of acceptance of this offer, and immediately upon tender of the forementioned ISE shares, shall cause to be transferred to Cocky Dagger or his duly appointed Agent, exactly $755,000 Lindens, plus 435,000 Bo Beck Group Common Shares (BBX). Immediately thereafter, or as timely as possible, ISE and all of the companies listed thereon shall be RELISTED on the SL Capital Exchange at their then currently trading valuations ($L for $L / share for share). Thereafter, each such listed company shall have thirty (30) days to bring their company into full SLCX Exchange compliance as currently published at http://www.slcapex.com. No other economic consideration, including but not limited to future employment, future stock options, vesting or other shareholder rights are included with this offer except as described herein above.

As of this writing, there were 1,508,695 outstanding shares of ISE valued at approximately L$2.29 each, representing a total Market Capitalization of L$ 3,454,911.55

As of this writing, there were 76,000,000 outstanding shares of SLCX valued at approximately L$0.27 each, representing a total Market Capitalization of L$ 20,520,000.00

As of this writing, there were 2,000,000 outstanding shares of BBX valued at approximately L$2.47 each, representing a total Market Capitalization of L$ 4,940,000.00

Based on the above-referenced Market Capitalization valuations, the full monetary consideration of this proposal is approximately L$ 2.42 per ISE share, a substantial premium over both your 7 day and 30 day trading average.

Based on our initial review, we believe this offer represents a fair, generous and complete value return for those ISE shareholders who tender their shares - we hope you agree. We also believe this offer represents the very BEST course of action for each ISE listed company, their executives and their respective shareholders.

CONDITIONS:

Upon consumation, ISE shall IMMEDIATELY HALT trading of its own shares (ISE) and all other listed securities on the ISE exchange and shall commence shareholder conversion as described herein.

At transition, ALL ISE software, LSL scripts and other "Objects" shall become the sole property of Bo Beck Group (BBX).

OTHER COVENANTS:

Specific to ISE's requirement that any successor fully cooperate with 'Buyers Sellers': it should be noted that the SL Capital Exchange already works closely with Robert Bloomfield of Cornell University (aka Buyers Sellers) by providing financial data associated with our exchange. We have no intention of stopping this procedure at this time.

In conclusion, we believe our FULL-TIME STAFF are best-prepared, willing and able to assist your currently listed companies, their executive teams, shareholders, and customers with all their needs, now and in the future.

Should you choose to accept this offer, we will require shareholder lists for all All ISE-listed entities be delivered to an executive staff member within two (2) business days of the offer's acceptance in writing. Please let us know if there is anything we can do to clarify this offer or assist you in your decision. It would be an honor to work with you in regard to this monumental transaction.

Sincerely,

Bogart Beck, Chairman
Bo Beck Group

Arbitrage Wise, Chairman
SL Capital Exchange
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Jan 1st, 12:45
Bogart Beck An Open Letter to the ISE Shareholders (Reprint) - 11/21/2007

An Open Letter to the ISE Shareholders (Reprint) - 11/21/2007
Reprint 11/21/2007 - Original Post at ISE

http://www.intlstockexchange.com/displaypressrelease.php?releaseid=373

From: Bogart Beck - 11/21/2007 - 8PM SLT
To: The Shareholders of ISE via ISE Forum

I've chatted briefly this evening with Cocky via SL IM. With his permission I am appealing to you directly via this Forum with the fervent hope that WE, collectively, can achieve a win-win-win relationship. If WE can, I am quite confident that all parties will profit substantially from the proposal I have drafted for your consideration.

Foremost, I want to immediately put to rest any fear you may have that BBX or SLCX would move forward with this buyout offer as an adversarial-hostile takeover.

If we ALL cannot benefit (ISE Shareholders, ISE Listed Companies, and BBX-SLCX as acquiring partners), then, indeed, we should ALL walk away from the table confident that the right decision has been made. In times of uncertainty, fear of the unknown often compels us mere mortals to make rash, wrong choices. In my own professional life I have been both the acquired and the acquirer several times - each was a unique experience with valuable lessons. As such, I ask that you each carefully consider the following criteria in making your decision regarding ISE's future.

Over the past several months I have spoken with Cocky on several occasions and have the deepest respect for the manner in which he has built and operated ISE.
To be very honest, the seeds of the proposal you have before you were germinated in early August when Cocky first considered selling ISE. Our Tender Offer is wholly predicated on the assumption that Mr. Dagger would continue to stay ON BOARD as CEO of ISE - his stewardship, professionalism and genuine concern for YOU, his shareholders, and, the incredible skills he brings to the table as developer, programmer and administrator of the ISE platform are fundamantal to ISE's value proposition - whether to us or anyone else. THAT specific value I believe we can help unlock via the proposed combination.

Specifically, over the last month or so I have shared CONFIDENTIALLY with Cocky several opportunities for extending the reach of the ISE platform. For Competitive Intelligence reasons I have chosen to highlight just ONE of those opportunities in the Tender Offer that was recently submitted (the MicroCap Branding Strategy).

Please trust that there are at least two additional niches where the ISE platform could enjoy a first-mover advantage at deployment. (If you'd like to vet those concepts personally UNDER NON-DISCLOSURE, please contact either myself, Cocky or Travis Ristow of BCX - each are somewhat familiar with the future deliverable opportunities - though no opportunity is without some risk, or cost).

Specific to the proposed MicroCap Branding strategy, let me share my thinking with you - perhaps you'll agree with my assessment. With four current SL Stock Exchanges, rumored to soon be five with the DSE Exchange (Anshe!), clearly there will need to be product and service differentiation between the exchanges. In personally analyzing the strengths and weaknesses of each platform it has occured to me that the ISE platform is well suited for a predominately "in-world" experience - this would lend itself well to a niche market (like MicroCap Securities). If I understood Cocky correctly, MOST of the required constructs thereof already exist in the ISE Intellectual Property portfolio. If you'll do a little research, there is a HUGE untapped revenue opportunity DOWNMARKET from where each of the incumbant Exchanges operate.

Sure, Arbitrage and myself could invest some money and use our existing Exchange products to serve that niche. They are quite different markets however and truly do DESERVE the attention of a DEDICATED team and trading platform - there you have it - International Small Equities. It is my belief that this niche ALONE is capable of AT LEAST DOUBLE the current revenue ISE garners in trade commissions with its current large cap portfolio companies and the volumes they trade on a daily basis... I'll talk about incumbent trade volume, commissions and large caps in more detail below...

I'd like to speak for a few moments about the Bo Beck Group (BBX), its history, philosophy, asset pool and SL Strategy, as THIS asset plus some CASH is what has been offered to you the ISE shareholder in exchange for your shares in ISE. First, any astute investor will recognize that BBX is a VERY tightly held company with OVER 95% of the issued and outstanding shares being controlled by either myself, a Board Member or a handful of very close allies. In my opinion this strategy is NOT a detriment to a potential longterm BBX investor as clearly MY prospects for success and profit are tied directly to the share price and performance of the company. Additionally, by managing a closely held shareholder group, this tightly held strategy DOES allow me to substantially mitigate the downside volatility prevalent in securities that have a large public float and wide bid/ask gaps that encourage daytrader profiteering. Want proof that this strategy WORKS? Sometime this weekend just for grins, go take a look at the capitalization plan of Google.com.

GEORG and RODDERS, one of the SPECIFIC reasons I believe that ISE is a GOOD ACQUISITION for BBX, is that YOU TWO have demonstrated the same level of dedication and longterm support of Cocky that I've come to expect from my shareholder-partners. YES, SHAREHOLDERS ARE EQUITY PARTNERS - OWNERS - I HOPE TO EARN THAT SAME TRUST WITH YOU BOTH. If you would, spend a few minutes this weekend talking to Cadence or Travis or any BBX shareholder - I think the results of my performance over the last few months with SL Capital Exchange, and more recently with BBX speak of my deep regard for all SL Investors.

So, what IS BBX? In reality we're still a FORMATION-STAGE COMPANY, formed out of the ashes of a failed Fraud Attempt (SLMS). In early October I was asked to step in and find a way to rescue the defrauded shareholders. The resultant strategy and capital formation plan has been chronicaled at the following URL:

http://www.slcapex.com/forums/topic/BBX/797 If you're interested in seeing first hand what BBX has accomplished on behalf of those shareholders, ask one...

A fully GAAP Compliant Income Statement and Balance Sheet for the month-ending 10/31/2007 can be found at http://www.slcapex.com/forums/topic/BBX/941

At present the Bo Beck Group is a rapidly growing diversified holding company consisting of five primary subsidiaries whose financial results are reported on a consolidated Income Statement and Balance Sheet. The Business is segmented as follows;

(1)- Bo Beck Index - (A Portfolio of SL Capex Stocks) - we earn Dividend and Capital Gains Income trading in these securities. $182K revenue 10-17-10/31!

(2) - Bo Beck Galleries - A high-end photo Gallery Franchise consisting of (2) retail galleries exclusively selling Bo Beck ORIGINAL Artwork and photography.

(3) - Bo Beck Commercial Properties - primarily consists of two parcels on JT II - one housing our Corp HQ and a BBG Gallery (4096 sq/M), and an adjacent (8192 sq/M) parcel currently being developed as an SL Technology incubator for co's being groomed for IPO on SL CapEx. We additionally RENT a parcel adjacent to Bogarts Jazz Club on Alegria where the Original BBG Gallery resides. NOTE: THESE PROPERTIES ARE KEY to the MicroCAP Market Strategy. I have also recently purchased two additional Residential properties that are being re-developed for longterm Rental Income (Broadway Live)

(4) - Bo Beck Asset Management - Escrow, Trustee & Dispute Resolution Services (currently with two primary contracts booked). $80K revenue Month to date!

(5) - Bo Beck Intellectual Property - Proprietary Intellectual Property. The ISE Intellectual Property would be added to this +L$1M and growing portfolio.

In closing, I'd like to spend a few moments discussing the obligation ISE as an Echange has for its Customers - to wit the listed companies on its exchange.
It has been my observation that most of the ISE-listed entities OFTEN go DAYS without a single trade. Please, how does that benefit a Public Exchange who's sole purpose is to CREATE a marketplace for BUYING and SELLING of securities? And if there's no trades, how does the Exchange earn an income?

From a listed-company perspective, if the obligation of the Officers is to grow Income and Market Capitalization, yet there's no marketplace and no volume how is the company benefitting from the Exchange relationship? I recognize these three questions sound rhetorical and somewhat adversarial - that's not my point. There is an unavoidable symbiotic relationship between an Exchange, its Customers (Companies) and the Investing Public... is that symbiosis being maximized at ISE?

As promised at the outset of this open letter, the BBX-SLCX partnership will NOT force a proxy vote of the ISE Shareholders, nor will we recruit listed companies.

If you are satisfied with the status quo, we understand your position and will continue to work cooperatively with ISE in the spirit we have - all the best to you.

Blessings this Holiday Weekend - Please drive safely.

Respectfully,

Bogart Beck
Chairman, BBX
[ author: delete edit ] Reply
Jan 1st, 12:47
Bogart Beck Bo Beck Group (BBX) Withdraws ISE Tender Offer - 11/24/2007

Bo Beck Group (BBX) Withdraws ISE Tender Offer - 11/24/2007

With there being an overriding NO sentiment by a substantial block owner of ISE, BBX respectfully withdraws its offer, effective 12:00 Noon SLT, Saturday, November 24,2007.

I will follow-up with Cocky Dagger via private message later today.

Best wishes to ISE shreaholders - thank you all for your consideration.

Bogart Beck, Chairman, Bo Beck Group.
[ author: delete edit ] Reply
Jan 1st, 13:00
Bogart Beck BBX Weekly Update Historical Archive


Oct 26th 2007, 10:58
Bogart Beck Re: Official Weekly Update - For CEO Posting Only

Edited by moderator Oct 26th 2007, 10:59
October 26, 2007 - BO BECK GROUP - JT World II

BBX Shareholders,

It's been an interesting couple of weeks to say the least. New Exchanges, crash and burn stories galore, muck-raking, mud-slinging, disappearances, reappearances... MUST BE SL!!

So... what have we actually accomplished at Bo Beck Group in the midst of all this excitement and turmoil? Quite a bit actually, as follows;

(1) - As most of you read in our launch announcement, foremost, BBX has been able to put together an outside Board of Directors that, in my view, is unparalled in SL. Travis and Kubi are exceptional administrators in their own right - a quick look at the performance of the NDX Index here on CapEx and the performance of BCX on ISE, as well as Travis's recent salvage efforts over on WSE clearly demonstrate an ability to both recognize value and execute a plan. As most of you know, Kubi has been a consistent voice of reason around here - a quiet giant so to speak - I look forward to working with both of them as we begin to execute the vision I've shared for the Bo Beck Group. We've just begun, but I sense a great adventure and exciting prospects for BBX and its investors.

(2) - In just two short weeks we've been able to reasonably balance and weight the BBX Index to best reflect (in our view) the value propositions offered on SL CapEx. The portfolio, at this point, is concentrated solely in SL CapEx listed offerings, honestly, because of the uncertainty still present elsewhere within the SL Capital Markets. I've always been a little Risk Adverse in this regard, however, we may begin to look at other publicly-traded value investment opportunities down the road but feel, for now, that our best and safest investment opportunities are here close to home.

(3) - For those wishing a sneak preview of what we're doing in the Commercial Real Estate Segment, take a walk outside the CapEx HQ building and gander across the way at the new Bo Beck Group Office Complex currently under construction. We have rezzed our Headquarters, the second Bo Beck Gallery and a small mixed-use commercial plaza within the last several days. Our vision is to use the commercial plaza as a business incubator to give upstart companies an opportunity to "strut their stuff" so to speak as they're preparing for IPO on CapEx. This location will provide each startup with a location to incubate and fully develop their product concepts, and most importantly, generate some revenue and a track record, before attempting an IPO launch on the Exchange. Further to that effort, I have begun putting together a curriculum that we'll use to help educate and train upstart executives on their responsibilities and obligations before launching their companies - we hope this will help bring better coordinated and more sucessful companies to the public markets.

(4) - I've also started looking a little more critically at the work I'm displaying in the Bo Beck galleries. For now, we are de-emphasizing the Framing aspect of the business to allow more high-margin artwork to be displayed per square meter in each Gallery. My hope is that this slight tweak to the business model will accelerate our path to profitability. To that end we are also planning two Gallery Events for November - the first is actually a PREMIER of an incredible Watercolor Artist who has just recently decided to display her works in SL - Invitations are likely to be distributed within the next week to ten days. The second Event is being coordinated as a joint (co-branded) afair at our Gallery at Bogarts on Alegria - stay tuned for more on that in the near future... (so much to do).

(5) - Work on the Product Specification for the Derivitive Works Scripting Project is progressing (albeit slowwwly)... I have interviewed two coding professionals within the last week - it would appear both are capable of completing the work - it's primarily a matter of cost and timing at this point (balls in my court to finish the functional spec...) Stay tuned for more on that next time.

Finally, I wanted to say THANK YOU to those SLMS Shareholders who have stayed on board as BBX Investors. I'm confident we're doing the right things and believe your patience weill pay dividends down the road as we get our linear fowl in order.

Blessings,

Bogart Beck
Founder, BBX


Nov 2nd 2007, 09:41
Bogart Beck Re: Official Weekly Update - For CEO Posting Only
Edited by moderator Nov 2nd 2007, 10:46
Bo Beck Group Repurchases 100K Shares - 11/02/07
11/02/07 - JT World.

After watching the shareprice of BBX deteriorate this past week, primarily on the activity of Day Traders & Swing Traders, BBX elected to repurchase 100K shares this AM at prices ranging from L$.70 - L$1.20 per share.

Given the recent announcements regarding the contracts Bo Beck Management Services has received within the last ten days I felt our share price was significantly undervalued when compared to the asset valuations of other SL Capital Exchange traded securities.

We have no intention of retiring these shares and may re-introduce them to the public market when it is advantages for us and our shareholders to do so.

Blessings,

Bo Beck
CEO BBX

Nov 30th 2007, 09:50
Bogart Beck Bo Beck Group (BBX) - To Pay Dividend on Extraordinaire Income

Bo Beck Group (BBX) - To Pay Dividend on Extraordinaire Income

BBX Shareholders,

I am pleased to report that BBX will distribute its FIRST DIVIDEND PAYMENT to Shareholders of record at 11:59PM SLT this evening. My preliminary review of this months INCOME justifies a distribution of at least $.02 per share (perhaps a little more as I reconcile the companies monthly expenses late this afternoon).

If I must say so myself, NO DEBT, and IN THE MONEY at +45 days of formation is an accomplishment to celebrate and a reasonable leading indicator of our nearterm prospects as we continue to hone our business plan to more directly focus on extending our core competencies.

To that end I will be announcing a couple of minor tweaks to the business model in the coming days that will allow us to better leverage the company asset pool - (most likely concurrent with the release of our monthly Financials on or before 12/10/2007) - stay tuned.

Blessings,

Bo Beck
BBX CEO

Dec 3rd 2007, 01:24
Bogart Beck Re: Official Weekly Update; For CEO Posting Only

Bo Beck Group (BBX) - Weekly Report & Forward Guidance - 12/03/2007

Shareholders & Potential Investors,

Prospects for BBX continue to look strong as we've begun to better focus our assets and efforts.

First, a final thought on the recently proposed ISE acquisition (subsequently withdrawn); while I still believe the combination would have been a valuable and accretive addition to the BBX portfolio, I can appreciate the ISE Shareholders desire to remain independent. We'll continue to keep an eye on ISE going forward and perhaps reconsider a combination in the future. In the Interim we'll continue to cooperate and compete above board as we have in the past and will touch base with Chairman Dagger from time-to-time.

Second, I've made the difficult decision to abandon the Commercial Property Development effort begun in late October on JTF-II. Honestly, as much as I enjoy building, the post-construction Rental/Customer Care effort required to make it a profitable venture is more than I have the bandwith for at this time. The 4096 sq/M parcel has been resold; the 8192 sq/M Parcel (adjacent to the SL Exchange is on the market at a very attractive price. If you're interested drop me an IM or e-mail (bogart.beck@gmail.com)

Third, I'm in the process of relocated the Corporate Office to a SECRET NEW LOCATION... look for a Gala Grand Opening sometime this month - stay tuned! ;-)

Fourth, SALES of My Original Artwork on display at the Bo Beck Gallery on Alegria has been unusually slow this month. Bogart's Jazz Club (our landlord) is planning to relocate the Club to a NEW SIM sometime in January or February - if the rent rate remains affordable at the new location we'll look to piggyback on that Mojo.

Fifth, I've finally identified a programmer with "the Right Stuff" to fully develop the Derivative Works Product (read Digital Rights Management for SL). I anticipate we'll have a contractual relationship nailed down and a timetable for delivery of the first generation platform some time this month - this is an extremely valuable technology effort for SL with a huge income opportunity if we can get to market first with an offering.

Finally, for transparency purposes, please find below my Personal Holdings and an itemization of all Assets currently under Management by BBX. Our portfolio is diverse and growing, while still maintaining the comfortable security of being exclusively SL CapEx-based.

PERSONAL HOLDINGS as of 11/30/2007
----------------------------------
CASH - L$ 200,000.00
BBX - Bo Beck Group - 1,000,001 shares - NPV L$ 2,520,002.52
SLCX - SL CapEx - 9,600,000 shares - NPV L$ 2,755,000.29

Bo Beck Index Fund - Assets Under Management as of 11/30/2007
------------------------------------------------------------
CASH - L$ 90,874.61
BBX - Bo Beck Group - 710,001 shares - NPV L$ 1,789,202.52 *
......(Note: Includes 602,724 BBX Treasury Shares)
DCTY - DreamCities.net - 10,001 shares - NPV L$ 11,701.17
DGD - Dragon Global Diversified - 10,001 shares - NPV L$ 21,902.19
INC - Innovative Inc. - 25,001 shares - NPV L$ 25,751.03
JTIC - JT Investment Certificates - 25,001 shares L$ 28,501.14
MECH - Riot Mechs - 15,001 shares - NPV L$ 15,301.02
NDX - Innovative Index Fund - 14,001 - NPV L$ 37,802.70
SLCX - SL CapEx - 100,001 shares - NPV L$ 29,000.29
SLR - SL Reports - 25,001 shares - NPV L$ 13,000.52
ZEN - Zhenya Zoning Real Estate Co. - 10,001 shares - NPV L$ 15,101.51

SL CapEx Fraud Fund - Assets under Management as of 11/30/2007
--------------------------------------------------------------
CASH - L$ 277.32
DGD - Dragon Global Diversified - 6,001 shares - NPV L$ 13,142.19
INC - Innovative Inc. - 20,001 shares - NPV L$ 20,601.03
KDC - Karlfeldt & Delgado Capital - 300,001 shares - NPV L$ 207,000.69
NDX - Innovative Index Fund - 6,001 shares - NPV L$ 16,202.70
SLCX - SL CapEx - 6,001 shares - NPV L$ 1,740.29
SLR - SL Reports - 15,001 shares - NPV L$ 7,800.52
SLTM - SL Tronics Media - 10,001 shares - NPV L$ 21,902.19
VBL - Verballis - 4,001 shares - NPV L$ 14,003.50
YEP - Yellow Paperclip Corp - 35,001 shares - NPV L$ 77,002.20
ZEN - Zhenya Zoning Real Estate Co. - 5,002 shares - NPV L$ 7,553.02

AFB-AIG TRUSTEE ACCOUNT - Assets under Management as of 11/30/2007
------------------------------------------------------------------
CASH - L$ 305,986.61
SLCX - SL CapEx - 6,540,174 shares - NPV L$ 1,896,650.46

Well, that's all for this time... Happy trading!

Bo Beck
CEO, BBX

[ moderator: delete edit ] Reply
Dec 8th 2007, 16:58
Bogart Beck Re: Official Weekly Update; For CEO Posting Only
Bo Beck Group (BBX) - Weekly Report - 12/08/2007

Shareholders and Potential Investors,

Overall it's been a productive week - our Assets Under Management have grown and I've been able to maintain the shareprice at a high valuation in spite of some downward selling pressure - Yep, a few folks taking some nice profits.

The AFB-AIG Trustee portfolio is progressing - albeit quite slowly this month.

Attn: AFB Claimants: If you're hoping to see a reasonable recovery this month you'd better jump on the SLCX bandwagon as I can't responsibly continue to liquidate SLCX shares at its current shareprice. Gotta keep those bids over L$.30/sh if we're to be successful - can't get there without your support!

I've continued to buy-back BBX shares as a short-term Investment in preparation for a major product development announcement which I'll discuss at our planned Shareholder Meeting on 12/18/2007 at 7:00PM SLT - location TBD. Stay tuned...

I'm als