http://slcapex.com/forums/topic/general/2157 In forum General Investment Discussion en-us Fri, 03 Sep 2010 07:26:11 -0700 Fri, 03 Sep 2010 07:26:11 -0700 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/general/2157
He of course is clean of everything and everybody else just failed in a game. (from which he himself benefited a few million US :D)

But rest assured, there is a native saying in my culture (estonian) which would translate into english close to the following: Every thief will pay his dues. And i am confident that it is the case. Karma has the effect of coming back to a person and if you have done something wrong then a mark is left. And there will be according action resulting from it at some point.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Alain Delpiaz ]]> Tue, 27 Apr 2010 22:10:45 -0700 http://slcapex.com/forums/topic/general/2157/21057 http://slcapex.com/forums/topic/general/2157
The announcement mostly consists of a rambling interpretation of the history of WSE irrelevant to the actual content, which one must wade through in order to discern: “the WSE game will be replaced by a fully operational and legally registered securities exchange.”

If you’re a WSEer, never fear, there’s a big surprise for you: “We value our game participants.” Cool! What can we expect? Perhaps some sort of compensation and invitation with an incentive to participate in this new, registered exchange? Nope, even better: “a gift”. Wow! What gift do we have for the participants, Palmiro Togliatti? Well, Joe, “a mandatory conversion of all virtual shares on the WSE to… World Dollars.” And now back to our host, Joseph Stalin with You Don’t Know How Lucky You Are Comrade So Bend Over And Take It.

See? It’s a gift, babe! Kind of like these blankets – the smallpox infection is just a mandatory bonus!

Me, I’m getting one of those trendy and collectable WSE T-shirts while they’re still available!

(posting moved here)

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by SmokedSalmon Canning ]]> Tue, 27 Apr 2010 01:14:07 -0700 http://slcapex.com/forums/topic/general/2157/21055 http://slcapex.com/forums/topic/general/2157
Thanks for posting Syn.


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Tue, 01 Dec 2009 17:55:57 -0800 http://slcapex.com/forums/topic/general/2157/20566 http://slcapex.com/forums/topic/general/2157
SLJoe.com - WSE Blowout - Part 1 - Second Life News
http://www.youtube.com/watch?v=-zBQM84GplM
Second Life News. Part 1 of 2 WSE (World Stock Exchange) in Second Life had a blow out, so to speak. Is the stock exchange professional, well ask the CEO of the WSE once you see this episode.

http://www.youtube.com/watch?v=EYJR0rwxbBc&feature=related

Dont forget to check Part 2 which is even funnier.

Make sure to watch Part 2 all the way to the end. LMFAO

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by SynCere Talon ]]> Mon, 30 Nov 2009 23:28:17 -0800 http://slcapex.com/forums/topic/general/2157/20559 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Cash Yiyuan ]]> Sun, 01 Nov 2009 22:44:14 -0800 http://slcapex.com/forums/topic/general/2157/20424 http://slcapex.com/forums/topic/general/2157
Sincerly
Johnny Norwood

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Johnny Norwood ]]> Sun, 01 Nov 2009 03:27:43 -0800 http://slcapex.com/forums/topic/general/2157/20421 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Alain Delpiaz ]]> Sun, 01 Nov 2009 01:01:54 -0700 http://slcapex.com/forums/topic/general/2157/20420 http://slcapex.com/forums/topic/general/2157
Hello everyone,

Hope Capital is proud to announce the World Stock Exchange (WSE) is now open after a large upgrade to the platform.

To help WSE grow and encourage market activity we would like to ask you to send all your friends a free gift of W$100 World Dollars for them to start trading with us on the WSE using the link below.

Together we can create a large Internet based stock market platform for people around the world to learn, have fun and profit from the growth and opportunity of global emerging markets.

- A market providing capital to entrepreneurs of start-ups, small and medium business

- A market which shares the risk with thousands of other investors therefore reducing the personal exposure of each investor while allowing the entrepreneur to own their idea

- A market by the People and for the People!

Once selected the WSE will send between 20 to 50 gifts every 24 hours until all your friends have received a gift. Friends will not receive the gift multiple times to avoid spam.

Send Gift: http://apps.facebook.com/wselive/account/send_gift

You can also directly invite friends to the WSE using the Invite Friend button on the top of the WSE application. This will allow you to receive a share of the total trading commissions by your friends and their friends.

Our latest announcement which contains a brief story about the WSE is also available, please click the link below:
http://apps.new.facebook.com/wselive/research/announcement_detail/3609

The World Stock Exchange operates using a virtual currency called the World Dollar which can be exchanged for US Dollars on the World Currency Exchange. USD$1 buys WOD$260. For further information about the World Dollar please visit:
http://www.wcelive.com

Kind Regards,

Luke Connell,
Chairman & CEO
World Stock Exchange (WSE)
http://www.wselive.com
http://apps.facebook.com/wselive

Kind Regards,

WSE Concierge,
World Stock Exchange
http://www.wselive.com/

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Cash Yiyuan ]]> Sat, 31 Oct 2009 15:30:33 -0700 http://slcapex.com/forums/topic/general/2157/20417 http://slcapex.com/forums/topic/general/2157 http://wselive.com/research/announcement_detail/3609

Submitted by: World Stock Exchange - WSE (Trade)
Date: October 22, 2009

Dear Shareholders & Market Participants,

I joined the virtual world of Second Life at the start of December 2006 and within the first week I was convinced that virtual worlds especially Second Life will provide an extended platform to the existing static website. This platform would provide users with a complete broadband entertainment experience that included live and On-Demand audio and video along with allowing users to interact with each other, their favourite brands and organizations in a more open and interactive way.

At the heart of every major economy is a Stock Exchange and therefore I felt it was the right time to establish a stock market for the Second Life economy.

The World Stock Exchange was established in March 2007 as an experimental fictional securities exchange and banking role playing game. This has allowed us to experiment by testing the markets response with different policies, features and services while developing and improving the underlying technology platform for its eventual intended use with a real and legally authorized Internet based securities exchange.

The market was initially based solely on businesses operating in the virtual world of Second Life and used the fictional currency in Second Life called the Linden Dollar.

The WSE has experienced tremendous growth and popularity with the first 6 months of operation a testament to its success achieving over 26000 users and exchange turnover exceeding the equivalent of W$500 million WODS, (World Dollars) at the current WOD license exchange rate this would be equivalent to around $1.8 million US Dollars.

As expected with such a new, experimental and emerging service such as WSE, the growth and development to date has not come without its challenges. Some of the challenges we experienced included false allegations and rumours distributed on blogs and in forums by banned users and virtual ceo's with motives to try and prevent the WSE's progress, false details by CEO's about their business in the virtual world, banned users and CEO's hiding their identity by creating alternative accounts to re-establish themselves, disappearing CEOs, policy changes such as a ban on gambling and banking which impacted the virtual world economy and security vulnerabilities with the WSE platform that resulted in significant false deposits or trades by a small group of users.

In December 2007 the WSE closed due to existing security risks and immediately started development on a major upgrade to the entire platform. The updated platform was named WSE 4.0 and was designed to remove previous security vulnerabilities, remove inactive users, increase server performance, functionality, the user interface and last of all, to increase our potential audience.

Due to the large scale and unique nature of the development it was very difficult to estimate the time it would take to complete the project with any certainty however we did release aspirational goals in terms of time frames.

On completion of WSE 4.0 we launched a test version of the World Stock Exchange application on the Facebook platform (WSEFA) which was designed to provide Facebook users with an educational and entertaining stock market application within the Facebook environment.

The WSEFA provides the WSE with access to an online community of over 300 million people, many of which have never used online trading platforms or invested in stock markets directly due to the costs associated with participating in real stock markets. WSE provides the general public with an opportunity to understand the basic concepts of stock markets and investment. WSE will empower its users with the basic knowledge required to invest in real stock markets with confidence.

Growth of our application on Facebook was limited due to a limit on the number of friends each Facebook user could invite to the application within a 24 hour period.

In August 2008 the WSE was again closed for major upgrades which were the result of the lessons learned from user activity and feedback regarding WSE 4.0.

The new platform is WSE 4.5 and consists of changes with the database structure, removed announcement, transaction and trading data prior to WSE 4.5 to ensure a clean database and the ability to identify future bugs, new virtual currency integration system, new trading views, administration system, updated application on Facebook and site layout.

All companies on the WSE have been re-structured to operate effectively on the WSE and to provide all WSE users with an opportunity to learn have fun and profit.

We have launched two virtual investment funds on the WSE called the World Economic Recovery Fund (WEF) and the Jai Ho Fund (JHO). These funds are designed to provide market participants with the most realistic simulated trading experience as each fund is based on the activities of stock markets, economic policies and markets in India, China, USA and others.

The WSE has integrated and replaced previous virtual currencies with a new universal virtual currency called the World Dollar (WOD, W$). The World Dollar is operated by the World Currency Exchange (WCE) which is owned by World Dollar Corporation Pty. Ltd., a subsidiary of Hope Capital Pty. Ltd.

We believe the World Currency Exchange will be the virtual currency of choice by Internet users around the world due to its fast, stable and secure virtual currency platform.

The team and I would like to thank all our existing users for their patience and continued interest and support for the WSE.

Despite many challenges and delays, I have the privilege of declaring the World Stock Exchange a new and unique Internet startup now open for business to the World!

We invite you all to buy shares in the World Stock Exchange (Code: WSE) and to share in our medium to long-term growth and future profits moving into 2010.

Kind Regards,

Luke Connell,
Chairman & CEO

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Scott Nestler ]]> Wed, 21 Oct 2009 17:56:45 -0700 http://slcapex.com/forums/topic/general/2157/20383 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Floofy Vixen ]]> Fri, 16 Oct 2009 21:08:42 -0700 http://slcapex.com/forums/topic/general/2157/20363 http://slcapex.com/forums/topic/general/2157
I guess at the point when most have forgotten then he'll launch it again, in a different virtual world, using similar method: Grow it fast, claim someone hacked you, set it for update, claim someone hacked you again, take the deposits and put it down for a major "update", wait 1-2 years and enjoy the stolen deposits.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Andy Grant ]]> Thu, 15 Oct 2009 02:12:40 -0700 http://slcapex.com/forums/topic/general/2157/20359 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Scott Nestler ]]> Wed, 14 Oct 2009 20:40:51 -0700 http://slcapex.com/forums/topic/general/2157/20358 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Floofy Vixen ]]> Wed, 14 Oct 2009 20:30:56 -0700 http://slcapex.com/forums/topic/general/2157/20357 http://slcapex.com/forums/topic/general/2157
Is there anyone still waiting for this to relaunch?

-Scott

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Scott Nestler ]]> Wed, 01 Apr 2009 18:41:15 -0700 http://slcapex.com/forums/topic/general/2157/19223 http://slcapex.com/forums/topic/general/2157 http://www.wselive.com/research/announcement_detail/3604

IMPORTANT MARKET UPDATE

Submitted by: World Stock Exchange - WSE (Trade)
Date: February 08, 2009

Dear Market Participants,

The World Stock Exchange (WSE) upgrade continues to make progress. Inactive accounts prior to August 2008 have now been removed from the system. All former listings for virtual businesses have been removed and consolidated into the WSE Traders Fund which owns a majority share of the World Stock Exchange within the role playing game.

We are pleased to announce that the World Stock Exchange application has now been admitted into the Facebook Application Directory, thereby allowing all Facebook users immediate access to add the application and join the World Stock Exchange.

In just over 5 years Facebook has become the world's leading Internet based social utility empowering over 150 million people around the world with the ability to communicate more efficiently with their friends, family, coworkers and associates. More than 50% of Facebook users are outside of college and the fastest growing demographic of Facebook users is those 30 years old and above.

The site has been translated in more than 35 languages with many more in development making Facebook a truly multilingual and global platform. More than 70% of Facebook users live outside the United States.

The above growth and achievements by Facebook highlight the importance and positive impacts that it will have in our world becoming a more open and integrated society.

If ever there was a single global platform providing immediate access to the global market and with it an opportunity for our society to create a global securities exchange and banking platform comprised mostly of the general public then Facebook is that platform. I intend to see the World Stock Exchange evolve over time from a role playing game into a fully operational and registered global securities exchange aimed at bringing the corporation and the investor closer together for a more rewarding and mutually beneficial relationship towards the common good.

I appreciate your patience during the development process and look forward to announcing the launch of our upgraded platform in the coming months.

Kind Regards,

Luke Connell,
CEO,
WORLD STOCK EXCHANGE (WSE)

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Bogart Beck ]]> Sun, 08 Feb 2009 12:45:58 -0800 http://slcapex.com/forums/topic/general/2157/18431 http://slcapex.com/forums/topic/general/2157
A lot to be concerned about here...

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Fri, 02 Jan 2009 23:43:21 -0800 http://slcapex.com/forums/topic/general/2157/18036 http://slcapex.com/forums/topic/general/2157
She didn't want her name out there so I kept it out and just replaced her remarks with "*" . I also took out a little chit chat that wasn't important but this is interesting.

I sent her the last post Luke made and she read it but we don't believe he will return. anyway this is what she told me

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


*hi Sophia...do u know if there IS a WSE any longer..I cannot find it in search

[16:21] Sophia Yates: Hi its gone gone and so is Luke. u didnt know ?

*no I didnt

*I went to the web site and it said I had money in my account..I was trying to see how to get it out

[16:22] Sophia Yates: oh boy. Well the sim went up for auction and Luke is gone.

[16:22] Sophia Yates: I dont think there r any atm's that work

* I couldnt even find an atm

[16:23] Sophia Yates: I knew of one in a building i found with another person who lost 15k to him and he wouldnt give it back.

*oh lord

[16:23] Sophia Yates: he's gone but he does have a site on facebook
[16:23] Sophia Yates: how much did u loose?

*well the account shows about 5300 in there

[16:24] Sophia Yates: so it is showing that you do have a balance

*I actually had it in a business..I went there to see what happen..and it shows that amount in my account
it show that the company was delisted
and it shows my money put into the slx account
I mean the not slx but wse

[16:25] Sophia Yates: i wonder if you wrote to him what he would say.

*it was strange cuz it just showed it was put in there in November
so it hadnt been too long
I began looking in dec

[16:26] Sophia Yates: really!

*so that was less than a month

[16:26] Sophia Yates: you were able to put money into your account at wse in november?

*no...
someone put it in there..cuz the co I was invested was delisted in nov
and it shows the money put in there in nov
I was just trying to see if there was a way to get the money from that account
so there are no atms anywhere in world that u know of?

[16:30] Sophia Yates: there was one on like the fifth floor of a building i was in awhile back
[16:31] Sophia Yates: if i find it i will let u know

*wow Im looking on there now its all changed

[16:33] Sophia Yates: i know. i think im at the building i saw that atm ..im trying to get to it
[16:36] Sophia Yates: its gone from here

*this is strange...just two weeks ago when i looked there was the money in Linden in my account there..now it show it was turned into wic about 6 months ago
so there has been some activity there in last two weeks
two weeks ago it show the deposit was made in Nov
now its showing the deposit made in May

[16:38] Sophia Yates: wow

*well is very strange as when I looked on there a couple weeks ago in Dec...the money was on there listed in my account as lindens..now today it shows it was turned into wic...and that it was done in last may...
it further showed the de inlistment of that company on my account page and the transfer of lindens to my account
now none of that shows

[16:46] Sophia Yates: Do u remember getting an email or notice from luke about having to log into your account?

*yes I did that..my account is still on there active

[16:47] Sophia Yates: hmm so i wonder if u can get your funds?

*well it showed last week as lindens
but now it show transfered to wic

[16:48] Sophia Yates: but there r no atms ..so how can anyone get anything from him?

*Im thinking he ended up stealing that money somehow too then this past week

[16:49] Sophia Yates: yes

*has anyone be able to recover the money via LL

[16:55] Sophia Yates: no not that I know of

*well Im wondering how luke was able to transfer my lindens from that account to usd if he indeed took the money..if he has no account...he is still listed in my friends list..Im wondering if his account is still active

[17:12] Sophia Yates: he is still a member so he can come on and shuffle money around

*according to his last note u sent me..his plans are to come back in Jan 09?

[17:12] Sophia Yates: yeah right..we will see
[17:12] Sophia Yates: i wouldnt count on it.

*no

[17:12] Sophia Yates: he is just buying time

*well if he indeed ripped off so many ppl why would sl continue to let him have that account
u mean all those ppl that he took money didnt file abuse reports?
something seems fishy

[17:14] Sophia Yates: yes ..i cant explain it either

*Im fixing to file something on him

*well I just filed abuse report
I want to see what happens

[17:29] Sophia Yates: thats good because it is a recent event for you and id like to see how fast they respond to you and what they have to say
[17:29] Sophia Yates: did u tell them he took your money?

*I filed it under fraud $
and told them I cannot retrive my money

[17:30] Sophia Yates: good!

*I will give sl my account info there if they want it.
they can go look
i have nothing to lose lol
not there anyway

[17:31] Sophia Yates: true

u know its funny u said u think Luke knew what was up ahead of time
last jan when all that happen I was suspecting same thing

[17:32] Sophia Yates: I really beleive that

*I even told my husband..its strange he goes down to fix wse right when things were happening in sl
that was last jan
I can remember that
I dont remember what was going on with sl

[17:33] Sophia Yates: yes right before the bank ban and he shut down for along time right before the ban

*but at that time something was up
yes
that was it
now i remember
when ginko when sour
he shut down right before that
yes
and I told my husband

[17:34] Sophia Yates: all of the times when there was an upset he shut down before hand

*then I think he knew something
well I agree with you there for sure
why arent ppl saying it to news
I think they dont want sl to take a hit
thinking they have so much invested here
its not in our best interest really

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Thu, 01 Jan 2009 18:40:05 -0800 http://slcapex.com/forums/topic/general/2157/18019 http://slcapex.com/forums/topic/general/2157 You two should be banished to some far away SIM with Zyngo Parlours and Live Avatar Wrestling until you cheer up! ;-)

Bo

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Bogart Beck ]]> Sun, 30 Nov 2008 19:48:30 -0800 http://slcapex.com/forums/topic/general/2157/17547 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Morphine Whiteberry ]]> Sun, 30 Nov 2008 19:25:17 -0800 http://slcapex.com/forums/topic/general/2157/17546 http://slcapex.com/forums/topic/general/2157
Ohhhh yes while wearing a Santa hat.............

Please?

:)

Ivan

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Sun, 30 Nov 2008 18:59:13 -0800 http://slcapex.com/forums/topic/general/2157/17545 http://slcapex.com/forums/topic/general/2157 Here's the latest announcement from Luke in re; WSE as Posted 11/30/2008 at the following URL

http://www.wselive.com/research/announcement_detail/3601

THE 2008 ADDRESS TO THE MARKET

Submitted by: World Stock Exchange - WSE (Trade)
Date: November 30, 2008

Dear Market Participants,

I joined the virtual world of Second Life at the start of December 2006 and within the first week I was convinced that virtual worlds, in particular Second Life will provide an extended platform to the existing static website. This platform would provide users with a complete broadband entertainment and educational experience that included live and On-Demand audio and video along with allowing users to interact with each other, their favourite brands and organizations in a more dynamic, open and interactive way.

At the heart of every major economy is a Stock Exchange and therefore I felt it was the right time to establish a stock market for the Second Life economy.

The World Stock Exchange was established in March 2007 as an experimental fictional securities exchange and banking role playing game. This has allowed us to experiment by testing the markets response with different policies, features and services while developing and improving the underlying technology platform for its eventual intended use with a real and legally authorised Internet based securities exchange.

The market was initially based solely on businesses operating in the virtual world of Second Life and used the fictional currency of in Second Life called the Linden Dollar.

The WSE has experienced tremendous growth and popularity with the first 6 months of operation a testament to its success achieving over 26000 users and exchange turnover exceeding the equivalent of W$500 million WICS, (World Internet Currency) at the current WIC license exchange rate this would be equivalent to around $1.8 million US Dollars.

As expected with such a new, experimental and emerging service such as WSE, the growth and development to date has not come without its challenges. Some of the challenges we experienced included false allegations and rumours distributed on blogs and in forums by banned users and ceo's with motives to try and prevent the WSE's progress, false details by CEO's about their business in the virtual world, banned users and CEO's hiding their identity by creating alternative accounts to re-establish themselves, disappearing CEOs, policy changes by the virtual world operator such as a ban on virtual gambling and banking which impacted the virtual economy and security vulnerabilities with the WSE platform that resulted in significant false deposits or trades by a small group of users.

In December 2007 the WSE closed due to existing security risks and immediately started development on a major upgrade to the entire technology platform. The new platform is called WSE 4.0 and is designed to remove previous security vulnerabilities, increase server performance, functionality, the user interface and last of all, to increase our potential audience.

The development of WSE 4.0 took longer than we had anticipated. The delay was due to the large scale, limited resources and unique nature of the development. It was also very difficult to estimate the time it would take to complete the project with any certainty however we did release aspirational goals in terms of time frames to have WSE 4.0 completed. These goals were not met due to the continued development delay.

On the 3rd of August 2008 we launched a beta version of WSE 4.0 which allowed us test the technology in a real time environment while also giving us the opportunity to receive feedback from users on how we can improve and build on the new platform. In terms of growth the WSE application on Facebook was a success achieving over 500 installations by Facebook users within the first few month without any advertising.

The data gathered during this period has allowed us to plan the next stage of our of growth and development strategy. The testing phase of WSE 4.0 is now complete and we have halted trading on the market while we begin the next phase which includes:
- Restructuring the simulated market environment to be based on the operations businesses in the real world economy rather than the virtual economy.

- Removal of inactive user accounts
- Removal of all listings based on the operations of businesses in the virtual economy of Second Life.
- Consolidation of all listings into the WSE Traders Fund providing the ideal mechanism for tracking and managing all former shareholdings in virtual businesses listed on the WSE.
- Optimisation of the trading system, watchlist and listing process.
- Improved gateway between WIC Exchange and the WSE
- Develop a comprehensive backend administration and reporting system to ensure that the appropriate platform upgrades, changes and operational policies are implemented.
- Create an enhanced application on the Facebook platform with more dynamic content and less static content.
- Implement news updates to Facebook user profile pages along with a news email summarising any activity over a 24 hour period to each Facebook user.
- Repair and update the WSE Profile Box on Facebook.

Our current development team lacks the resources and time to complete these tasks in the short term and as a result we are in the process of commissioning the work to additional developers who specialise in the development framework called Ruby on Rails. The new development team will ensure that the WSE will be operational as soon as feasibly possible. We anticipate that this development process may keep the WSE offline until late January 2009, however once launched, the WSE will have cemented itself as the leading online securities exchange and banking role playing game.

We apologise for any inconvenience and ask for your patience during this important phase of our development.

Kind Regards,

Luke Connell,
CEO,
WORLD STOCK EXCHANGE (WSE)

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Bogart Beck ]]> Sun, 30 Nov 2008 12:47:38 -0800 http://slcapex.com/forums/topic/general/2157/17542 http://slcapex.com/forums/topic/general/2157 This is a one for the authorities and if LL's doesn't recognize this as one of the most significant long term scams and what ever we may call it it. Then they should be just as held accountable. Im sick and tired of this and it if anyone is thinking of the same grand scam think twice.

Your toast!

Not because I say so but it is evident & obvious it is plain corruption and it will come back to bite him / them and anyone else who tries to mess with this area of s or the public involved here. Yes we choose to participate but I'll tell you this ..Ive seen a patern again and again and its no difference ...

you know there r many who have not heard of this on sl that show you the vastness of the ignorance of the playground here and there r no indications to mentions made have to cover it up. Very obvious and well its jsut a matter of time for those involved also.

But I will say Its a fools game and the principla players r the principal winners here. Im no fool ..Im just waitting..

SY

forget WSE ..well Luke lol...he is missing in action soon to be placed in his own commissioned comfy bed. Gee how much time can you do for something like he pulled off? Let him explain to the courts no matter where he lives where did he get assets..his home his car and on his measly income of what
? How long did he work? Where and what type of business did he work in.. how old is he? He is not a genious kid ok..


I wont go into him anymore. he disgust me...but i hope the kid does some time for this one..it all catches up to you sooner or later. Im done!


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Wed, 26 Nov 2008 01:28:44 -0800 http://slcapex.com/forums/topic/general/2157/17494 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Cash Yiyuan ]]> Tue, 25 Nov 2008 20:40:46 -0800 http://slcapex.com/forums/topic/general/2157/17493 http://slcapex.com/forums/topic/general/2157
http://aix1.uottawa.ca/~geist/worldstockexchange.html

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by SynCere Talon ]]> Tue, 25 Nov 2008 17:59:32 -0800 http://slcapex.com/forums/topic/general/2157/17492 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by SynCere Talon ]]> Tue, 25 Nov 2008 17:28:41 -0800 http://slcapex.com/forums/topic/general/2157/17491 http://slcapex.com/forums/topic/general/2157
The sim is MIA and I haven't seen Luke online in forever.

-Scott

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Scott Nestler ]]> Tue, 25 Nov 2008 10:22:25 -0800 http://slcapex.com/forums/topic/general/2157/17488 http://slcapex.com/forums/topic/general/2157
WSE: IMPORTANT - MARKET TRADING HALT
from World Stock Exchange - Front Page News
IMPORTANT ANNOUNCEMENT

A market trading halt has been placed on all WSE Listed Entities pending an important announcement.

The announcement will be released to the market on Sunday 30th November 2008.

http://www.wselive.com/research/announcement_detail/3598

I reckon NASDAQ ready to strike?

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Cayman Beaumont ]]> Sun, 09 Nov 2008 07:16:04 -0800 http://slcapex.com/forums/topic/general/2157/17239 http://slcapex.com/forums/topic/general/2157
Ironic, isn't it? Rather prophetic in that just as the first peeps of the debt crisis start being heard, SL bans the banks and the SL financial community tanks. It'll be just as Darwinian as it is in the RW, as bubbles burst (mortgages, tech, railroads, telephone, flower bulbs), flimsy business plans and weak organizations will dissipate, but those strong enough survive, many of which grow stronger.

WSE seemed to grow flimsier as it went, with Luke fabricating an increasingly dissociated financial fantasy. The effects of our current RW slowdown has yet to be fully felt in SL, but the earlier bank ban has made those who remain a bit leaner and meaner.



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Revolvo Rotaru ]]> Sat, 08 Nov 2008 09:58:30 -0800 http://slcapex.com/forums/topic/general/2157/17226 http://slcapex.com/forums/topic/general/2157
I don't think anyone would have lost enough by themselves to warrant legal action so nothing is ever going to happen to Luke. He would know that as he has already seen N Pontacarrero get away with the ginko fiasco.

What I am surprised about though is that there has been no mention of it at all in mainstream media, seems like the perfect story for 60 minutes to cover.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Itchy Gamba ]]> Sat, 08 Nov 2008 08:22:20 -0800 http://slcapex.com/forums/topic/general/2157/17225 http://slcapex.com/forums/topic/general/2157
1. WSE was closed for 7 months, and a new Facebook application was developed. Despite the performance of the WSE, the FB app is actually pretty cool. It was probably expensive to create. Not to mention the "improvements" to the WSE website.

2. Hope Capital island is gone, presumably because of the $295 per month tier fee.

3. Luke Connell has taken a full-time job, at a call center no less. Which suggests that he needed a regular income. As far as I know, Luke did not have a job in the year prior to taking this one, so I will leave you all to speculate how he managed to pay his rent and eat.

4. WSE has never opened up the WIC for withdrawals. I strongly doubt that anyone deposited anything substantial into the WICE - all of the trading that has happened since the reopen has likely been on existing balances. Since there are probably no assets under the WIC, the WSE was therefore generating anemic commission fees in a currency without value. In other words, has made no revenue at all in almost a year now.

Bottom line: WSE is broke, and has been for a long time. It will never be able to refund investors' balances. Luke spent the money - we don't know exactly how - but clearly it is all gone.

As an interesting sidenote, and in answer to the occasional calls to "sue Luke" - the fact that he and the WSE are likely broke make is extremely unlikely that he will ever be sued. Unless someone who is independently wealthy decides to spend $10,000 and 2 years to make a point.

Although it kills me to say, I think we have to be fair and say that Luke was ONE of the things that drove what was once a dynamic and fun community into the ground. There have been dozens of scammers on the SL financial scene that have done their part as well.

The real shame in all of this is that if Luke could have seen past his own ego, the WSE could have been a tremendous success. I guess we'll never know.

But everyone, throw your WICS onto the bonfire - at least you can get a little heat from them before they go poof.

dd


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Sat, 08 Nov 2008 06:26:06 -0800 http://slcapex.com/forums/topic/general/2157/17224 http://slcapex.com/forums/topic/general/2157
For me the real issue is what did luke do with all the Lindens he emtied from everyones account? There had to be hundreds of throusands of Lindens in deposits - more realistically I would say into the millions.

Why is he allowed to steal - yes STEAL everyones Lindens? No one gave him permission to take THEIR money. We all can see now he isnt qualified to run a lemonaid stand - let alone a stock exchange. Why did Linden Labs allow this to happen? Why did we all allow this to happen?

Luke has driven what was once a dynamic and fun community exchange into the ground single handedly - it is a disaster of epic porportions - most people couldnt have messed it up that bad even if they tried......

Anyway guess we have to wait for the 20,000,000000 WIC dividend that will be generated by the new 100,000,0000 users.

Cheers

Ivan

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Sat, 08 Nov 2008 05:59:55 -0800 http://slcapex.com/forums/topic/general/2157/17223 http://slcapex.com/forums/topic/general/2157
However, it is time, I think, to sound the death knell.

In the last two days, three more companies have delisted from the WSE (FVS, FKH, and as you all know ALC). This leaves only the following companies remaining on the WSE, aside from the two companies that ARE the WSE.

PPL: The People Pool, CEO Erik Goff.
AMI: Action Mortgage and Investment, CEO Adonis Action
RDX: Redux Technologies, CEO Redux Dengaku
SNE, Sarah Nerd Estates, CEO Sarah Nerd
RLX: Real Life Investment (ouch), CEO Guybrush Taiyou

That's it. The once mighty WSE is a sad ruin. Luke has apparently abandoned the project, as witnessed by the fact that a delisting announcement from ALC has been up for over 24 hours, and we all know that Luke will delete it as soon as he sees it. Which means, that he has not even logged onto the WSE since then.

In particular, the WSE seems to have abandoned Second Life. Very quietly, some time in the last couple of weeks, Luke removed all of the pre-IPO companies that are based in SL from the list of applications, and has left only the one real-life company that is seeking to conquer the global construction world with seed money from the WSE. lol.

Perhaps it is petty, and perhaps it is small, but I am happy tonight. As you all know, my opinions on the WSE are strong, and have been shared with whomever I could reach over the last 4 months, since just before the WSE reopened. I have both posted publicly, and worked privately to ensure that Second Lifers knew that the WSE was not to be trusted. I am not arrogant enough to believe that my efforts yielded particularly significant results, but I take a measure of satisfaction nonetheless in the failure of the WSE to gain any traction in the financial community in SL during that time.

People have their opinions about Luke Connell. I, for one, have never believed that Luke came into this with any ill intent. I do not think he started out as a scammer or a fraud. I do think that he suffers from some fundamental flaws of character, which he could not overcome, and indeed seems unaware of, that have, and always will (unless addressed) lead to failure.

These flaws of character led him to take actions that were unethical, spiteful, precipitous, ill-conceived, closed-minded, and ultimately, ruinous. These flaws of character led him to intimidate and bully companies and investors, lock accounts and steal significant amounts of money, hold fast to an insane policy of silence regarding the WSE as it crumbled around him, and ultimately, appear to have led him to skulking off and abandoning the few confused people that are still acting as if the WSE had some small amount of legitimacy.

He deserves this failure. He deserves the scorn and disrespect of the SL investing community. He deserves the condemnation of right-minded people in SL in general. Luke Connell acted unethically and without honour. The smoking heap of ruins that is the WSE is what he has reaped as a result.

For those of you that remain on the WSE, whether investors or CEO's, it is at this point laughable. Your continued association with it can only make people question your acumen. You will never get back a red dime from the WSE - there is nothing there any more. It is time to delist your company, or close your account, and move on.

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Fri, 07 Nov 2008 17:37:25 -0800 http://slcapex.com/forums/topic/general/2157/17218 http://slcapex.com/forums/topic/general/2157
Listen closely and you can hear the scurry of shareholders selling delisted stock to hedge their bets about future delistings.

Neo-capitalism, eat your heart out.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Konner McDonnell ]]> Fri, 07 Nov 2008 17:11:55 -0800 http://slcapex.com/forums/topic/general/2157/17217 http://slcapex.com/forums/topic/general/2157
3 down and only 5 to go!

CB



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Cayman Beaumont ]]> Fri, 07 Nov 2008 17:03:07 -0800 http://slcapex.com/forums/topic/general/2157/17216 http://slcapex.com/forums/topic/general/2157
They sure did. It took my money. But then when asked for a balance or reset password an error. Ok this is what we did.

I know I did receive the note / email:

"WSE: World Stock Exchange News: WSE ACTIVE USER REVIEW
Sunday, August 31, 2008 7:15 PM"

I replied back:
"WSE: Your New Password
Sunday, August 31, 2008 8:25 PM
From:
"World Stock Exchange" <wse@hopecapital.com.au>"

So I gave my email updated my account.

I went to this location I mention above Tower Enterprises where there was a WSE ATM. I touch the machine and it replied back with:

"[10:40] WSE ATM - Rock McCudden: ATM Usage:
[10:40] WSE ATM - Rock McCudden: To make a deposit, pay the ATM the amount of your deposit.
[10:40] WSE ATM - Rock McCudden: To make a withdrawal, say "withdraw amount", where amount is the amount you wish to withdraw.
[10:40] WSE ATM - Rock McCudden: To check your balance, say "balance".
[10:40] WSE ATM - Rock McCudden: To reset your WSE website password, say "reset password".
[10:40] WSE ATM - Rock McCudden: http://www.wselive.com/"

OK it looks like it is working. so then i made a deposit of 1L and it then said:

"[10:40] WSE ATM - Rock McCudden: Sending deposit..."

Then I got this message:
"[10:40] WSE ATM - Rock McCudden: There was an error processing your deposit. Refunding."

I did not get back my linden..it was not refunded.

I then asked for a balance and got this:
"10:40] You: balance
[10:40] WSE ATM - Rock McCudden: Sending balance request...
[10:40] WSE ATM - Rock McCudden: There was an error processing your balance request."

Where did the lindens go? If it can take your lindens it should be able to say back what u just deposited right? NOOOO. This was what Giinko did to. It was ok to take your lindens butr then throw u off when asking for them back or a balance..same scheme.

I tried to withdraw and got this:
"[10:40] You: withdraw 2
[10:40] WSE ATM - Rock McCudden: Sending withdrawal request...
[10:40] WSE ATM - Rock McCudden: There was an error processing your withdrawal."

Nothing! So I had tried this numerous times to make sure i did it right. I went to the site http://www.wselive.com/ and reset my password and had it sent to my email which it did. I used that password to view my account and there wasnt a trace of those transactions i had just made. I took them. The ATM was owned by WSE Huet also. I have 1.08 WICs in my account and my portfolio is worth 30 WICs lol ..i just have it to have an account like I have in other places.

I then tried the method of selling my WIC (1 WIC) on the site but it came up with this nice bit of information
"Withdraw and Sell WICs

You are unable to withdraw at this time. The Withdrawal facility for WSE Accounts created prior to the 1st of August 2008 is pending activation. This policy has been established to ensure a stable and prosperous market during the initial growth phase of WSE 4.0

We apologise for any inconvenience. Please check the official WSE announcements for further details."

So I know my account was put up to date. I did what they asked when the email notice went out. I find an ATM make a deposit which was taken. I go to withdraw it and get a balance but get errors.

If I remember Rock McCudden posted on here about WSE and his name is what is coming up on the ATM's message. What do you have to say about this Rock?

Its a bunch of crap and we all know it I wanted to verify it and i knew what would happen. Sure enough it did. what If I had made a substantial deposit? How long is it going to be now for people to get to their funds? Their sure good at taking but not returning.

And the Facebook thing what a laugh.

"World Stock Exchange on Facebook

Are you on Facebook? Access all of the World Stock Exchange via Facebook, and share your trading success with your friends! Receive commissions on your friend's trades when you invite them, and compete against them."

I have a Facebook account but its for family only and I don't need to have a Facebook account to buy and sell WICs.

Well as far as this woman i met who came to me for help it looks like she is out 15000 lindens because she didnt get the email or catch it. fine timing too. Middle of summer for most people who would usually not have looked at their mail for some time and when they did deleted all the spam which would inlcude the WSE notice. So as they said in the email..

"This email has been automatically sent from the World Stock Exchange.
The World Stock Exchange is in the process of updating its database and is send you this email to all existing WSE users requesting that you re-activate your accounts by the 15th September 2008. To re-activate your account you are only required to login to the WSE website, no trading is required. Any user that does not re-activate their account will have forfeited any balances assigned to that account.

If you have forgotten your password you can enter your email address into the Lost Password form located at https://www.wselive.com/forgotten-password

Kind Regards,

Concierge,
World Stock Exchange

Kind Regards,

WSE Concierge,
World Stock Exchange
http://www.wselive.com/ "

Nice way to collect some hard cash. Crook!

Well that was my experience.

Sophia~

PS http://world.secondlife.com/place/32b97cb2-f469-1316-305c-83d0b4bfba02

I guess its up for auction. That sim was nice. Whats next? He put a lot of work into that sim. Is this another diversion? See I told you that I have to film locations lol Yam! Its lock down time. Whats the big deal? Why would he do that? Did he not pay tier? did he just want to be in another location? Whats the difference?Wipe out what he has and rebuild. This doesn't look good.

I'll have to read up on the news lol

http://sl-newspaper-bnc.blogspot.com/2008/02/lukeconnell-vandeverre-addresses-nation.html

http://ihighincome.wordpress.com/2008/07/05/world-stock-exchange-by-lukeconnell-vandeverre/

This is a good one..you all probably saw this one but its the xstreet forums and the talk about their accounts getting locked too.
https://www.xstreetsl.com/modules.php?name=Forums&file=viewtopic&p=274958

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Tue, 14 Oct 2008 12:08:35 -0700 http://slcapex.com/forums/topic/general/2157/16721 http://slcapex.com/forums/topic/general/2157
I'm pretty sure the WSE has had people sign up with facebook using the first name WSE. If you do a search there for WSE a heck of a lot of people come up. I think that violates the TOS of facebook.

Unless he by passed it with some negotiating. Some who had their accounts deleted by facebook tried to explain why they chose to use an alias for either their company or safety reasons but they still wouldn't allow it read the following link

http://www.tamebay.com/2008/09/facebook-remove-users-with-suspected-fake-names.html

http://www.new.facebook.com/terms.php?ref=pf


So even if he is using it to promote his business in or through the "Facebook Marketplace" there must be some violation being committed. If accounts r being locked and money has been taken from SL clients over the lifetime of WSE in any manner and its been definitely proven that he did take others real life funds that would be considered criminal anywhere right?

So has anyone used the FaceBook avenue with WSE that is on here? Just curious. From the looks of it the WSE Facebook name members have no friends and r just there to be a part of WSE. I don't know. Would be interesting to know if it was a violation. Just say because of the financial transactions taking place. The WIC / Facebook thing from what I have heard from older clients of WSE was to complicated for them and didn't want to bother.

So besides Facebook what about PayPal and all the other ways people r able to withdraw funds from SL don't their TOS's come into play as far as any criminal acts if conducted on their sites r and can be prosecuted? I mean if he has and its been proven without a doubt that he has stolen others real life money (taken it it to real life now) it is criminal then.

We need to hear the voices of those who really lost their real life money by either Luke or really by anyone to get a good look at the scale of the situation. DD have you been able to retrieve your funds yet? Anyone else not able too still?

If Luke thinks he can take you $$'s for violating his TOS by speaking up he better keep his eyes open.

This woman I spoke to the other day said something also very important and yes alarming but not surprising. He is playing a very dangerous game and even he doesn't know who he is playing with. I would be scared to death pulling the stunts he has because of what this woman said. She is right with what she said. I wont quote her because its alarming and absolutely correct.

Look whats been said on YEP and how someone got so close to him and his computer was stolen. If that's not a bunch of baloney then that's a great example of proving the dangers of SL. So its not only buyer beware but business owners better be looking over their shoulders at all times if you have crossed someone. Sent shivers up my spine to think about what happened to YEP.

I'll just say I've got the police near by with a Swat Team ready to pursue and the National Guard along with Forensics and Intelligence across the way lol...no kidding aside....really hehe.

I've had break ins myself and the police came in seconds with guns drawn ready to shoot...scared the heck out of me big time. But made me feel somewhat safe and thank god for noisy neighbors they help too. YEP I hope you get your computer back. I will have to catch up on what happened there...

Sophia~

PS why do these TOS things have to be so long oyyyy
I thought I was bad...I apologize for posting so much to read..

Oh and Andy you hit it right on the nail!. I'm sure that was the plan all along too and that will continue to be the case I'm sure of it and not just by him. We know it's been most likely the same with most umm updates that that's what they were up to all along and doing. Why not? Its easy money right? And who the heck was going to stop them? They r laughing all the way to the bank and I feel for the investors who trusted them and you know as well as I do the numbers will never be right as to how many people got scammed not just because of the investor being ashamed of being taken but the books have been cooked. Data bases wiped out and oops!



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Mon, 13 Oct 2008 12:31:16 -0700 http://slcapex.com/forums/topic/general/2157/16712 http://slcapex.com/forums/topic/general/2157
I posted a film recently. Nothing spectacular but it was of WSE. I wanted to see what it looked like and it was filmed before I think this post exsisted.

I think everyone knows I travel around SL filming whatever I can and since I had the clips from awhile ago I put something together. I try to document as much as I can before its gone.

Anyway after my conversation with this woman. Who by the way was a very nice person. She was from Italy she spoke English but not that well, it was hard for her but she told me her story.

Later that evening I wrote to Luke and asked him about this and I have known him since I started almost 2 years ago and we use to talk. And I well have spoken to him like a mother would to a kid many times telling him to grow up. Which I did once again and told him it would be the last time he would hear from me and how disgusted I was with him and all his antics.

He wrote back and said he ejected this woman because she was rude and told her to file a ticket. Right! If she is banned she cant' get to an ATM to get her money or change her password and the lindens r hers period. Who does he think he is?

She was upset because she could not get to her L's and we all pretty much predicted this scenario along time ago with the deadline for the accounts for people at WSE. We knew people who may have received the email notice would have had it deleted because of being thrown into a spam folder and also not knowing about the status of their accounts from not being perpetually on SL and living a real life.

There should be no negotiating for what is yours and this fraud business has plagued Second Life to the point its so serious it may jeopardize all the financial institutions in SL in the very near future.

Its nothing new and people have gotten away with a heck of a lot of money. Its just so shocking to look back at how much has gone on here even on this site.

I'm not going to be holding up banners or holding protest. I'm going to be watching it all fall down like a house of cards.

Luke's behavior is nothing new. We all know if he doesn't like what he wants to hear he ejects you and ignores you and most times you loose and he wins.

Yes I will spread the word to others to invest at your own risk at WSE and to research big time on the internet for articles pertaining to WSE and Luke as to how he conducts business and all the rest.

I stopped investing along time ago and also disassociated myself from many of these institutions because I saw to much go down and to many people loose big time real life money. Its just a matter of time when the wrong person gets hit by this con game others r playing and that person can really do something about it.

I do know that there r people in SL (not giving out any names) that r doing just that. So take my advice if anyone is thinking of pulling a con in here be prepared to pay the piper in real life period. Its being looked at as we write and read from the real life side.

Sophia~



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Mon, 13 Oct 2008 11:41:40 -0700 http://slcapex.com/forums/topic/general/2157/16711 http://slcapex.com/forums/topic/general/2157
Good luck and I am sorry that this happened to your freind, but it will continue to happen util we can shut Luke and WSE down permanently.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Sat, 11 Oct 2008 22:05:23 -0700 http://slcapex.com/forums/topic/general/2157/16682 http://slcapex.com/forums/topic/general/2157
How much deposits did wse have ? Let's suppose it was 20mill L$ (75k USD).

If you had 75k USD back at the time WSE closed for "4.0 update", and invested into put options (of financial gambling institutions such as banks/insurance) and "bear-index-funds", today your average return would be something like 500-2000% depending how well you picked companies.

So the supposed 75k USD would be today betweed 375k and 1,5m USD.

I suspect thats what luke's been doing with investors money, and he's waiting for markets to fall further. The update was just an excuse to borrow the deposits for his short-investments at a 0% interest.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Andy Grant ]]> Sat, 11 Oct 2008 19:24:11 -0700 http://slcapex.com/forums/topic/general/2157/16680 http://slcapex.com/forums/topic/general/2157
So how many people has he done this to and how much is he taking from just the small investor? Im again disgusted in all this.

This woman's name is Valchiria Voom in world and after she spoke to me she signed off. I know she was a bit bummed and I can't help her but to only direct her to this group who is keeping track of the situation. If anyone can help her would you contact her?

This business has to stop! I wish we could get a tally of how much has been locked from clients. What possible reason would he have now to be doing this?Besides the one explanation posted about him trying to weed out the old and in with the new. I see that one. But I will say he wont have any new clients if he keeps this up. His reputation is crap now anyway how much lower can he go?



Sophia

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Sat, 11 Oct 2008 12:54:58 -0700 http://slcapex.com/forums/topic/general/2157/16677 http://slcapex.com/forums/topic/general/2157 look at his supposly income level! hah.
http://profile.myspace.com/index.cfm?fuseaction=user.viewprofile&friendid=102909792

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Johnny Norwood ]]> Thu, 09 Oct 2008 21:47:02 -0700 http://slcapex.com/forums/topic/general/2157/16644 http://slcapex.com/forums/topic/general/2157
I filmed the location, documenting what I see you know in my travels in Second Life. You know me. A bit of SL history you can say. I'm posting it today on youtube.

Im trying to clean my computer up, deleting old files to make room for more.

Oh did anyone see the Lodge yet? The Masonic Lodge. Anyone join it yet? Really has he had anyone join the Virtual Masonic Lodge? Interesting....

His Hall of Virtue was up with all his poster idols. They may be some of his friends or make beleive. Not sure. I dont know what to make of that place anymore. Its a nice place to visit though...educational.

Any whooo I always enjoyed the atmosphere at WSE. While there I put A Little Shrimp on the Barby. It wasn't Luke it was Shrimp. Im sure..

I saw a few tourist come in before I left. A hippo with a little female avatar looking about the lobby and two avatars watching the ticker I guess contemplating on what to do.

Well if you havent seen the sim its lovely. You can see it as it was in August on youtube if you couldn't pay a visit. i'll post the link once its completed. You can leave comments also to what you think about it as well. :-)

Sincerely Sophia

Here's the link enjoy
http://www.youtube.com/watch?v=fD8CaBk67Lc

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Wed, 08 Oct 2008 12:54:38 -0700 http://slcapex.com/forums/topic/general/2157/16608 http://slcapex.com/forums/topic/general/2157
I also find it interesting that he has stolen so many people accounts, to the tune of hundreds of thousands, if not millions of linden in value. All this has been wiped from his liability. For someone that trumpets hope and virtue this is the most unethical practice I've ever seen, regardless of his TOS. You just don't treat people like that. When you do, don't wonder why someone would talk ill of your business practices.

A nagging question...what happened to Hope Capital Bonds? What happened to HCL? After the exchange closed and re-opened they were gone and a new WSE security appeared. Was there ever an explaination of what happened? If someone knows please let me know. The HCBs were a ticking time bomb and after the Midas fiasco (where Luke declared Midas bankrupt and delisted because Luke couldn't meet his financial commitments and promises, remember? Midas Bank became insolvent because his operations depended on HCB to fulfill its committed distribution)it seemed to just drop off the radar.

All-in-all this business has been improperly managed with a monopolistic and uncooperative attitude. Not to mention that he turned his back on his core clients and erraticated the user base that might actually make him some money. None of these current events are suprising to me, but it still hurts because he has managed to skirt his way around by creating his own rules and consistently trying to blame others. Funny how every scandal in WSE history has apparently been the cause of others, isn't it?

Are there any comprehensive financials for WSE out there or are we dependent on the system that allows you to enter bogus numbers?

Anyone been out to Hope Capital Island lately?

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ashleigh Wade ]]> Wed, 08 Oct 2008 09:54:46 -0700 http://slcapex.com/forums/topic/general/2157/16603 http://slcapex.com/forums/topic/general/2157
"Can't you just accept the notion that Luke doesn't care?"

It depends on what you mean by care or who he doesn't care about. It is patently obvious that he cares about himself and the WSE. He has carefully constructed an 'image' and relied on fear to maintain it in some fragmented way. The shareholders? Yes, we could certainly agree that they are merely measures of his success or affluence.

The notion that he'd delist all companies relies on a belief that he's 'ready to be done' with the WSE. He doesn't delist companies willy-nilly. He relies on flimsy reasons backed by his TOS. And I believe he has more to gain by stringing these people along with the looming threat of seizure or provoking them to delist, than summarily dumping each of them. I'm sure the thought crossed his mind when he was closed, and I'm sure he was banking on opportunities to delist other companies.

I continue to believe that he's hoping for further delistments for reasons I outlined above. But I won't attempt to explain why companies are remaining there. I suspect that FVS/FSL still has all of their money locked up in the WSE or in companies listed there. Leaving would render them insolvent.


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Konner McDonnell ]]> Tue, 07 Oct 2008 19:05:51 -0700 http://slcapex.com/forums/topic/general/2157/16593 http://slcapex.com/forums/topic/general/2157
Can't you just accept the notion that Luke doesn't care?What stops him from delisting ALL of the companies within the Exchange? For every company that lists, he can easily delist without consent (and he did). His rules, his game. I can't understand why any company would continue to do business there.

iV


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by iVentures Volitant ]]> Tue, 07 Oct 2008 16:17:11 -0700 http://slcapex.com/forums/topic/general/2157/16590 http://slcapex.com/forums/topic/general/2157
The second rule (Rule 14d-5) relates to people making tender offer bids for securities.

These are the only instances in which federal securities laws allow access to shareholder lists. However, a corporation's charter and by-laws (NOT the exchange), or the laws of the state where it is incorporated or does business (NOT the exchange), may provide for access to shareholder lists in other circumstances, usually when an investor shows a legitimate corporate purpose. The State of California's regulations on this matter are even more strict than the SEC's.


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by SynCere Talon ]]> Tue, 07 Oct 2008 16:07:40 -0700 http://slcapex.com/forums/topic/general/2157/16589 http://slcapex.com/forums/topic/general/2157
People toss around terms like megalomania to explain this belief that "Luke thinks his word is law." While this is a distinct possibility, it's of little importance whether he believes what he says. It's only important that YOU believe it or believe that he does.

My post on ISE went ignored, but I suggested the same thing Duke did. I also believe he's broke. Here's what I think is happening:

By provoking delistings, he's reducing the amount of outstanding capital in his exchange. He's then absolved from having to honor the cash balances resulting from the sale of those companies' shares. I similarly believe he conjured his WICs out of thin air. By inflating the market against this prevailing belief that withdraws will not occur, he's forcing people with outstanding balances to invest - to hedge their bets.

Now he's trying to seem as unreasonable as possible to provoke other companies to delist. Since he conjured those WICS, he'll lose nothing if they do, conversely, he'll have much less 'old money' flowing through his system. Money he doesn't have to honor through withdrawals.

Getting those old companies out sets the stage for new companies(read: new money). He'll have to honor withdrawals for new IPOs and I expect he'll hike up his listing fees.

This isn't a ponzi scheme. He's not honoring old commitments with new funds where he is otherwise broke. Quite the contrary, he's trying to get those old companies out of his exchange.

I'm not an economist, so I'm sure someone can summarize what I've written in simpler terms - and I invite them to. But I don't think he's trying to provoke any authorities. These actions envision a viable future for the WSE.

Luke probably wants those companies to delist just as much as we do - or at least, launch an SPO. If this holds, do we still think delisting to be the best option? I'm going to take it on faith that the RDX IPO/SPO is old. I'll leave Mart for Ivan to dissect.

Anyway, I do think this is a strategic approach to ensuring a future for the WSE. I've seen behaviors exhibited by the WSE's agents that could easily be construed as a disinformation campaign. Though I may be giving them too much credit.

As always, I could be wrong.



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Konner McDonnell ]]> Tue, 07 Oct 2008 14:06:12 -0700 http://slcapex.com/forums/topic/general/2157/16588 http://slcapex.com/forums/topic/general/2157
Samantha Goldflake
VSTEX Communication and Public Relations Director
http://www.vstex.net

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Samantha Goldflake ]]> Tue, 07 Oct 2008 09:42:29 -0700 http://slcapex.com/forums/topic/general/2157/16582 http://slcapex.com/forums/topic/general/2157 I don't post here very often as I think most of the actions discussed speak for themselves.

The real irony here is that SIM had ALREADY re-listed on ISE. So WTF shares are being issued against securities that are already trading elsewhere... how does a person reconcile that?

I'm beginning to think that WSE and its principals are TRYING (INTENTIONALLY) to have themselves shut down by a regulatory body. It's about the only strategy that makes sense any more given the tactics employed over the last year.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Bogart Beck ]]> Tue, 07 Oct 2008 09:12:39 -0700 http://slcapex.com/forums/topic/general/2157/16580 http://slcapex.com/forums/topic/general/2157
This was in the announcement that was posted on WSE today:

"The shareholder list of a WSE Listed Company is and always remains the property of the World Stock Exchange. Any attempt to provide a copy of this content to third parties is a breach of Intellectual Property rights.

The WSE expected that we would experience a number of breaches by CEO's during our current growth phase through WSE 4.0. All participants in the WSE who previously held shares in SIM will now be issued shares in the WSE Traders Fund. Once WTF has been reviewed to reflect active users we will release the Trading Halt on all shares in the WSE Traders Fund."

The company who issues the shares is the owner of it's shareholder list. Not the facilitator of the trades. WSE is a platform for trading, Luke, nothing more. What a dangerous slope he's going down and a very slippery one at that. Because in effect he's indicating that he owns the shareholders. That's messed up, monopolistic and controlling. I know, shocker, right?

He himself has breached his own intellectual property rights many times by providing these lists to others in the past.

This is most frustrating to me because I was one of the first people to experience the WSE and the SL Capital Markets. The spirit of un-cooperation began with Luke. I often wonder what things would have been like had we all worked together and supported each other.

Could you imagine if the NYSE told General Electric, Berkshire Hathaway or Microsoft they didn't own thier shareholders lists? What a damn joke. Sick.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ashleigh Wade ]]> Tue, 07 Oct 2008 07:48:36 -0700 http://slcapex.com/forums/topic/general/2157/16578 http://slcapex.com/forums/topic/general/2157
1. As I suspected, the WTF is now buying up huge amounts of WSE stock as well. having already artificially inflated all of the other companies' share prices, WTF is now bolstering the price of WSE. At least 100,000 shares of WSE have been bought by WTF in the last few hours.
2. WTF had NO CASH. But has now spent what is probably in the millions of WICs in the last 24 hours buying up WSE shares to bolster the price, and other shares at outrageous prices.
3. WTF and WSE are working together to manipulate the share prices of all stocks on the WSE right now.
4. Luke has announced that WTF will begin trading again once the review of accounts is complete. At that time, WTF will have significantly more assets than it had before.
5. Withdrawals are still disabled, with no due date for an end to the moratorium.
6. Luke expects more "breaches" by WSE CEO's.


And here is what I SUSPECT is going on.

1. Luke simply created new WICs and gave them to WTF, basically arbitrarily increasing the value of company as expressed in WICs with nothing to support it. Since I have strong reason to believe that the WSE is broke, and we know that WTF had no cash reserves, there seems no other likely answer. Hey, it's his game, right?

2. Make no mistake - he is utterly without principles and honour, but he is NOT STUPID. Luke has a plan, and has obviously decided that now is the time to take the next step. I would be interested in what you all think he is doing, because I can't get a clear read on it.

3. I'm trying to anticipate the possible outcomes. By buying up shares at crazy prices - he has increased the balances of a number of investors, thereby giving them an incentive to stay, and with very high prices, no incentive to buy back in right now. Those investors that were hoping to buy up shares in companies that they thing are going to leave can now only do so at a serious premium price. The CEO's of companies that were thinking of delisting now probably have even more incentive to leave. Perhaps this is what Luke wants, as Pablo has suggested to me.

4. A new inner sanctum seems to be emerging - and this relates to Duke's comments. There are now 9 pre-IPO companies listed on the WSE. One of them is 9 months old and can be ignored, one is Pablos' SIM Property Group, which I guess Luke will get around to removing when he gets a moment. However, in the two latest ones to go up in the two weeks, some interesting names emerge. Between them, IndoMining Corp and IndoCapital Holdings list the following as Directors: Mart Lupino (CEO of FVS), Lucky Raymaker (CEO of FAG), and Redux Dengaku (CEO of RDX). We already know that Eric Goff (CEO of PPL) is an admin on the WSE Facebook group, and is a director of WSE. All of these pain me, because I have considered each of these people friends. Particularly Eric - he and I bought First Land next to each other in March of 2006 and have been friends ever since. So, I suppose that in addition to losing money, I will lose friendships. So be it.

Of the remaining companies, three are lame ducks (RLX, ALC and FKH) - with either very few float shares outstanding, or a very low market capitalization, and I am sure Luke considers them dispensable. Which basically leaves SNE, CAR, and AMI, as the only companies of significance that have not made their position clear. AMI and CAR likely have significant holdings in the WSE.

As Duke has suggested - the time for fence sitting is over. The lines have pretty much been drawn. Some companies will decide to let indecision or greed dictate their allegiance, and others will do what is right. I hope that intelligent investors will take note of who does what and act accordingly.

It may also be time for the other exchanges to start discussing a ban on Directors of companies that are listed on the WSE. It seems to me that the WSE has proven itself to be at best incompetent, and at worst fraudulent. Some of the companies on the WSE are going to be holding companies that will want to have assets in other exchanges. is that right?

The game is afoot. Do not let Luke Connell and the WSE win!

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Tue, 07 Oct 2008 07:41:06 -0700 http://slcapex.com/forums/topic/general/2157/16576 http://slcapex.com/forums/topic/general/2157 the latest plot is afoot at the WSE. Over the last couple of days, massive amounts of shares in WSE companies have been bought by the World Traders Fund (WTF) at market level, which has had the effect of inflating prices in most of the stock there to a significant degree.

The purchase of shares through WTF seems to have been carefully timed. As of today, the WSE is trading again. The share price has already dropped from 1.50 to 0.41 in the first few hours. There are a few stop gap limit buys placed now, but it looks like not nearly enough - looks like the WSE share price is headed into a serious tailspin.

I will be watching carefully to see if we can determine who is buying them up. But the timing of the WTF buys is diablolical - investors will sell off their WSE shares at firesale prices in order to get some cash out of a sinking ship. Then ,realizing that their best chance of getting any actual money out of the WSE is to purchase shares in companies that may leave and relist elsewhere, they will find highly inflated prices for those companies due to massive buys from WTF.

Let's say WSE is trading at 1/5th what people paid for it, and the other companies are overstated by 5 times. Let's say I invested 150,000L into WSE, which i can now sell and realize 30,000L. If I use that 30,000L to buy inflated shares in, say, RDX, i might get 6,000L of real value for my investment of 150,000L.

All I can say is that I am disgusted by this latest market manipulation. If it does not prove once and for all what the true moral character of the WSE is, I don't know what can. That the owner of an exchange would orchestrate this situation and manipulate the market so blatantly, in order to devalue the holdings of investors, boggles my mind. My heart goes out to all the people that are going to lose their shirt in this latest move.

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Mon, 06 Oct 2008 21:10:24 -0700 http://slcapex.com/forums/topic/general/2157/16570 http://slcapex.com/forums/topic/general/2157
As of today, and with the move of SIM to the ISE, there are currently 10 companies trading on the WSE - a far cry from the heady days when more than 50 companies traded there.

Of those ten, five have a market capitalization under $2 million Lindens (well - WICs, to be accurate). Of the other five, two of them with large market caps are more than 96% owned by the CEO (ALC and RDX). The trading volumes have dropped in the last few days, after three days of very high trading volumes, which seems to have been driven in large part by SIM trading in anticipation of the move to ISE.

There have only been 92 users in the last 24 hours at the time of this posting. The lowest I have ever seen it aside from just after the frequent website service interruptions is 90.

The latest contraction of the WSE highlights the exchanges problems at the moment, with confidence shaken, very few new investors being attracted to the exchange, and the continued problems with a lack of communication from the owner Luke Connell.

Of interest, both of the companies operated my Mr Connell are currently under a trading halt - again with no announcement having been made. Although the secondary offer for WSE did end on Sept 23, 2008, the stock has yet to trade on the open market.

Withdrawals are still disabled on the WIC exchange for any account holder that had an account prior to August 3, 2008. The notice received when a withdrawal is attempted gives no indication of how long the moratorium will last.

It would certainly not surprise me to see other companies leaving the WSE in the coming days and weeks, since the exchange seems to be floundering and has yet to make a public statement of any kind about its performance since reopening. With Q4 set to start in a few days, it is clear that the forecasts that WSE made about its own success and levels of activity in that quarter were completely out of touch with reality, and were overstated by about 50 times what is likely.

I can only wish any investors still trading on the WSE good luck, and hope that the CEO's of the companies you hold stock in take the responsible course and move your interests to another exchange as quickly as possible.

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Sun, 28 Sep 2008 07:49:37 -0700 http://slcapex.com/forums/topic/general/2157/16483 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Thu, 25 Sep 2008 17:24:33 -0700 http://slcapex.com/forums/topic/general/2157/16460 http://slcapex.com/forums/topic/general/2157
Submitted by: Sienkiewicz Investment Management - SIM (Trade)
Date: September 24, 2008
As of right now. ANY trading on SIM will not be on my copy of the shareholder list. Do not buy or sell any shares untill further notice. All I can say now is that i've been trying to contact Luke several times in the last few weeks without anay response from his behalf. Once again, DO NOT TRADE YOUR SIM SHARES.

Thank you all, as always, if you have any questions, doubts or concerns please let me know.

Yours truly,

Pablo Sienkiewicz
SIM CEO

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by SynCere Talon ]]> Thu, 25 Sep 2008 06:18:07 -0700 http://slcapex.com/forums/topic/general/2157/16454 http://slcapex.com/forums/topic/general/2157
Anyway I think your reporting is more effective than my advertising and anyone doing a Google Search on WSE or Luke will eventually find their way to this forum and read the truth.

Please keep up the good work.

Arnaud


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Tue, 23 Sep 2008 15:35:23 -0700 http://slcapex.com/forums/topic/general/2157/16431 http://slcapex.com/forums/topic/general/2157
The WSE continues its long history of abysmal communications and public relations by letting these deadlines pass without a SINGLE COMMUNICATION of any kind. I am almost in awe of the cavalier and almost apathetic stance the WSE has always taken publicly to its own performance and condition.

Since opening on august 3rd, the WSE has made exactly 4 announcements of substance about the exchange.
1. a patently laughable projection of future earnings, calling for a 22,000% increase in revenues for the 4th quarter.
2. an announcement that Luke Connell had donated his shares in WSE to the World Traders Fund - WTF. His magnanimity is overwhelming, I am sure.
3. An announcement that the World Traders Fund (WTF) had resumed trading - made on Aug 24th - which has never happened - WTF remains on hold without another word about it.
4. A couple of announcements about the "re-activation" of accounts.

In my opinion, the mishandling of the WSE communications over the last two months (not even mentioning the six months prior), is yet another clear indication that Luke Connell is an ineffective and incompetent businessman, that has big ideas, but absolutely no clue how to carry them out in reality. This, coupled with his lack of business ethics, is simply a recipe for disaster.

I believe it is time for us all to realize that the WSE is a failure, and that the chances of anyone ever getting back what they put into the exchange are decreasing with every passing day.

I would love to be proven wrong on this - I will derive no satisfaction from seeing anyone else lose anything to the WSE.

But once again, I call on the currently listed CEO's to consider their options - to realize that they are on a sinking ship, and quite aside from the moral imperative that should urge them to leave - strictly from a business perspective they are committing suicide by staying there.

dd


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Tue, 23 Sep 2008 05:40:56 -0700 http://slcapex.com/forums/topic/general/2157/16422 http://slcapex.com/forums/topic/general/2157
"You are unable to withdraw at this time. The Withdrawal facility for WSE Accounts created prior to the 1st of August 2008 is pending activation. This policy has been established to ensure a stable and prosperous market during the initial growth phase of WSE 4.0"

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ragged Delec ]]> Mon, 22 Sep 2008 23:53:15 -0700 http://slcapex.com/forums/topic/general/2157/16420 http://slcapex.com/forums/topic/general/2157
It is now Sept 22 at least GMT and in Australia.... That means that as of now, old users should be able to cash out using the WIC exchange. Although there was a spike in trading yesterday, I haven't seen the kind of volumes that I expected to see leading up the the lift on the moratorium on withdrawals. I predict that the WIC Exchange won't allow withdrawals as planned and the deadline will be extended, because I believe that the WSE does not have the cash reserves to honor the withdrawals.

The WSE secondary was due to end yesterday, but sales were horrendous. I predict it will be extended.

The WSE has, as usual, made no formal announcements about any of this - in fact has not really said anything of substance in a month, and does not appear to have engaged in any marketing to promote itself at all, that I can see.

Growth in new accounts has been WAY below the WSE expectations - it doesn't seem to have made a serious splash on Facebook, and people in SL seem to have lost interest as well. There have been a couple of applications for IPO's, but all SL based, and none has generated any interest in the form of positive votes. I predict that the WSE's growth rate will not increase substantially any time soon.

Luke Connell is now working full time in RL, so doubtless his ability to focus on the WSE is reduced. This, combined with it's failure so far to get any traction, leads me to think that Luke will either sunset the exchange or try to find a buyer for it.

Personally, I think it is time for the CEO's that remain to wake up and get out of Dodge. If these predictions come true, it will be evidence that the WSE is in a death spiral from which there will likely be no recovery. Any companies that are still on the exchange should seriously consider relisting somewhere else, or going private. I would be happy to talk to any of them about my experiences in doing just that, and if several companies want to make a move together, I will consider joining them in relisting as well.

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Sun, 21 Sep 2008 19:01:44 -0700 http://slcapex.com/forums/topic/general/2157/16403 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Wed, 17 Sep 2008 17:50:08 -0700 http://slcapex.com/forums/topic/general/2157/16352 http://slcapex.com/forums/topic/general/2157
For the last week, the WSE has been in a serious tailspin, with daily trading volume averaging a dismal $6,230L per day. Active users right now are at 125 over the last 24 hours, up after the service interruption that lasted most of the day on Saturday. The market index (and I can't find its definition anywhere...) has dropped from 1300+ a week ago to 1033 right now, although this is somewhat arbitrary given the low trading volumes.

Six days from today, the secondary offer of WSE shares is scheduled to end. In the last week, only a few thousand shares have sold.

In one week from today, users that had accounts prior to the closure of the exchange in January are scheduled to be able to make withdrawals from their accounts by converting their WIC balances to USD through the WIC Exchange. Withdrawals have been locked since the re-opening in August.

I expected to see an upswing in market activity as investors cashed out some shares in anticipation of the lifting of the withdrawal moratorium, but so far this has not happened. This could be due to the relative lack of buy orders at reasonable prices and the general lack of liquidity on the WSE right now.

Just today, I was reading a post on the SLX forums ( http://slexchange.com/modules.php?name= … mp;start=0 ), from a new user there who asked if there was any way to invest in a virtual stock exchange in Second Life. I quote from one of the responses from Syncere Talon:

"Yes there is several stockmarkets or as was mentioned you can invest privately.

The top most reliable are SLCAPEX, VSTEX, ISE and ACE.

Stay away from WSE. That one is not reputable and there are countless number of people who have been shafted by them."

I venture to say that this is representative of the general public opinion at this time.


dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Mon, 15 Sep 2008 11:56:42 -0700 http://slcapex.com/forums/topic/general/2157/16324 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Lindsay Druart ]]> Fri, 12 Sep 2008 09:45:51 -0700 http://slcapex.com/forums/topic/general/2157/16280 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by William Rustamova ]]> Fri, 12 Sep 2008 06:19:39 -0700 http://slcapex.com/forums/topic/general/2157/16270 http://slcapex.com/forums/topic/general/2157
Here is the text of their announcement:

----------------------------------------------------------------------
Dear Apez Corp shareholders,

Apez Corp has decided to delist our public shares from the World Stock Exchange (WSE) for open trading.

This was for a number of reasons, such as the fact that the WSE closed down for many months without warning, that we were contacted by many shareholders wanting us to delist and our general view of how the WSE is managed.

Of course, shareholders still hold the same shares in Apez Corp as when trading on the WSE was halted - those shares are just not currently traded on any public exchange. We have considered relisting on another of the SL exchanges, but decided against it at this time.

For as long as the shares remain private, we will pay dividends ourselves, probably in the form of L$ to Apez accounts or to avatars in-world directly (in the case where the shareholder has no Apez account).
Eventually, the shares you hold in Apez Corp will be listed on your prefs page on the site.

While the shares are not listed on any exchange for trading, shareholders are free to trade shares among themselves. Since we're keeping the accounting of who owns how many shares, we'll need to be contacted by both parties involved in a trade before we'll transfer shares from one party to another.
Note that Apez Corp is not currently buying back shares itself.

At present, since Apez is still a small startup company, we're saving what profits we make in order to increase our cash reserves for use as capital for larger projects and as insurance against periods of low profit.
When we decide to make a dividend payment, we'll make an announcement of the details.

After informing Luke Connell, CEO of WSE, that Apez Corp would like to delist due to their continued closure, Luke informed me that delisting was "a violation of the WSE TOS". Although we don't see any clause in the WSE TOS mentioning that at all, Luke has frozen the WSE accounts of some of the APZ principles and has presumably confiscated the small amount of cash still present in the accounts at the time WSE closed (without warning). That amounts to approximately L$80,000 which we'll write off as a loss unless WSE is forthcoming.

Our plans for expansion are still in progress, though have taken some twists and turns in order to adapt to changing market conditions. We'll soon be releasing some new products that are the end result of significant foundational development that has been ongoing.


Thank you for your continued support of Apez Corp - we look forward to sharing a bright future.

-Cenji Neutra
----------------------------------------------------------------------

And here is the link:

http://www.apez.biz/modules.php?name=Forums&file=viewtopic&t=1963

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Fri, 12 Sep 2008 06:11:43 -0700 http://slcapex.com/forums/topic/general/2157/16269 http://slcapex.com/forums/topic/general/2157
I assume that you mean any cash that Apez has on deposit with WSE. Apez and their subsiduary SLM should maintain communication with their shareholders and either relist or make arrangements to pay back the shareholders.

I recognize the fact that you and some other former WSE companies such as SL Wizard have communicated with the share holders and have already returned some of the capital which is appreciated.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by William Rustamova ]]> Fri, 12 Sep 2008 06:03:50 -0700 http://slcapex.com/forums/topic/general/2157/16268 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by William Rustamova ]]> Fri, 12 Sep 2008 05:53:20 -0700 http://slcapex.com/forums/topic/general/2157/16267 http://slcapex.com/forums/topic/general/2157 I had about 145,000 shares when WSE closed.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by William Rustamova ]]> Fri, 12 Sep 2008 05:51:36 -0700 http://slcapex.com/forums/topic/general/2157/16266 http://slcapex.com/forums/topic/general/2157
They were informed that delisting was a "violation of the Terms of Service" and the accounts of the owners were locked, and their assets (which were minimal) taken by the WSE.

SL Exchange was never listed on the WSE, as far as I know - do you mean some other company?

dd


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Fri, 12 Sep 2008 05:27:47 -0700 http://slcapex.com/forums/topic/general/2157/16264 http://slcapex.com/forums/topic/general/2157
in topic OP/Ed and Commentary re; WSE - World Stock Exchange by William Rustamova ]]> Fri, 12 Sep 2008 04:50:25 -0700 http://slcapex.com/forums/topic/general/2157/16263 http://slcapex.com/forums/topic/general/2157
dd


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Fri, 12 Sep 2008 03:20:04 -0700 http://slcapex.com/forums/topic/general/2157/16262 http://slcapex.com/forums/topic/general/2157
Shares of the secondary of WSE have ground to a halt, with only 4,000 or so shares being sold in the last week. Overall, with 9 days left until the stated closing date for the secondary, only 773,240 shares of WSE have been sold, of which 500,000 were either sold or given to Eric Goff the day before the exchange officially opened on August 3rd. If they were in fact given to Eric in compensation for work he has been doing for WSE on the Facebook app (which I suspect but have not confirmed), then the WSE has raised a total of $W223,240 through the secondary in the 6 weeks since it re-opened. This represents less than $1,000 USD.

And in fact, this probably overstates the case. There are no reports on the WSE or WICE websites about the level of deposits into the WIC exchange – so there is no way to know how much of a cash infusion there has been into the exchange, but it is highly probable that sales of the WSE's secondary shares have been from existing users' balances. In addition, the WSE has given $W100 to each new account created, and some of the shares of WSE have likely been bought with these free WICS. I suspect, given the low number of active accounts and active users, that the WIC exchange has seen very little activity in the last 6 weeks, although there is no publicly available information about this currently.

The financial report for the WSE, posted on August 5, 2008, and covering the 17 months from March 7, 2007 to August 6, 2008, indicated that the WSE has cash on hand of over $W17,000,000, in spite of operating losses over that time period of almost $W6,000,000. As with any company on any of the exchanges, there is no way to validate the authenticity of this number. There is currently no way to estimate the amount of cash in user account balances, and so no way to estimate the magnitude of a large scale “cash out” of the exchange if the moratorium on withdrawals is lifted on September 22, as announced by the WSE.

We are now less than three weeks from the beginning of Q4, in which the WSE has projected revenues of $W70,000,000, earnings of $65,000,000, and a dividend of 0.5L per share, totaling $20,000,000. By my estimation, the WSE has earned somewhere in the neighbourhood of $W100,000 to $W150,000 in commission fees in the last six weeks, with a trend to lower volumes of that period, rather than the tremendous growth that was projected. At this rate, the revenues for Q4 are more likely to be in the neighbourhood of $W270,000, which is 99.7% less than the WSE projections. Given the projected expenses of $W5,000,000 for Q4, this is worrying indeed.

Since Luke Connell no longer holds any shares in the WSE (he donated them all to the WTF recently), and the WSE is a publicly traded company, responsible accounting and financial management practice would dictate that the WSE post some more detailed information about the state of the business, with some more realistic projections of revenue and earnings, and a more robust explanation of existing short-term liabilities. I am not expecting this to be forthcoming.

There is no change in the status of any locked accounts, as far as I am aware, but the “reactivation” period of 15 days is due to expire on September 15, after which all users that have not logged into their account between September 1 and September 15 will have their account terminated, and their balances and shares removed, and presumably put into the WTF. This should significantly reduce the WSE's obligations to account holders, since presumably, many accounts will be terminated through this mechanism.

The moratorium on withdrawals is set to expire on September 21st, and users that had accounts prior to the re-opening on August 3 are expecting to be able to withdraw their balances through the WICE starting September 22.

If the WSE is in a dire financial predicament, as I suspect, it will likely be forced to either extend the moratorium, limit daily withdrawals (and the amount of the maximum daily withdrawal would be very telling), or take some other action (e.g. devaluing the WIC, disabling the exchange or websites, etc...) in order to survive. Please watch carefully for developments on this front – since the WSE rarely communicates with investors or shareholders, we can only judge the state of the business from the actions that it takes in managing the company.

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Fri, 12 Sep 2008 03:15:40 -0700 http://slcapex.com/forums/topic/general/2157/16261 http://slcapex.com/forums/topic/general/2157
However my thoughts on WSE have not changed and I will be placing an ad in SL Reports in the next few days. Cash has graciously offered a good deal for the ad space. Thanks Cash.

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Sun, 07 Sep 2008 16:30:42 -0700 http://slcapex.com/forums/topic/general/2157/16177 http://slcapex.com/forums/topic/general/2157
Status: 500 Internal Server Error.....again :(



Resolving 500 errors - general

This error can only be resolved by fixes to the Web server software. It is not a client-side problem. It is up to the operators of your Web server site to locate and analyse the logs which should give further information about the error.


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sportsbets Writer ]]> Sat, 06 Sep 2008 09:53:55 -0700 http://slcapex.com/forums/topic/general/2157/16172 http://slcapex.com/forums/topic/general/2157
And, of interest, the turnover of ISE in the last 24 hours (32,000L+), is 33% higher than the WSE's (24,000+). SLCapex @ 62,000L is almost three times.

The WSE secondary has sold 269,000 shares since opening (plus 500,000 sold(?) to Eric Goff the day before the exchange opened). At these rates, the WSE secondary will not reach 1/10th of the 10,000,000 shares offered by the stated closure date of Sept 21. My estimate is that in total, they will sell fewer than 200,000 more shares from now to then.

17 days left until the moratorium on withdrawals is lifted, so we may see increased trading volumes if people try to cash their shares into WICs in anticipation of a withdrawal. I guess we will see.

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Fri, 05 Sep 2008 15:13:50 -0700 http://slcapex.com/forums/topic/general/2157/16164 http://slcapex.com/forums/topic/general/2157
Im surprised he even sold 700k shares - with his reputation its a little shocking. It makes no sense why anyone outside of SL (facebook) would buy a SL company? Furhter why would soemone in SL play with a currency that was not able to be used in SL.

Quite frankly with this 15 day warning to have accts canceled Luke is figuring out a way to survive when people start cashing their money out. Im sure he has already spent most of the deposits he had on file now he need s away to get more cash. September should be very interesting!

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Thu, 28 Aug 2008 18:06:38 -0700 http://slcapex.com/forums/topic/general/2157/15999 http://slcapex.com/forums/topic/general/2157
Here are the details of the WSE's projections on future earnings (for the 4th quarter of 2008):

------------------------------------------
The World Stock Exchange estimates that WSE will exceed the following Fourth Quarter 2008 Forecasts:

Weekly Active Users: 11,500
Exchange Turnover: W$2,300,000,000
Exchange Revenue: W$70,000,000
Exchange Earnings: W$65,000,000
WSE Dividend: W$20,000,000 (DPS: W$0.50) - Dividend Per Share.

Based on these numbers, here's a couple other metrics that make it easier to compare:
Average daily users: 1,642
Average Turnover per day: W$25,000,000
Average daily trade volume per active user: $W15,222
Share annualized yield at IPO price of W$1: 200%
-------------------------------------------

OK....
Let's look at my projections for the 3rd quarter, based on the actual performance and trends noticed since Auguest 3, 2008, based on:
- average daily turnover since reopening on august 3, expanded for a full quarter. The trend actually appears to be going downward, but we will use a straight line projection to be generous.
- a liberal estimate of active users based on the daily numbers provided (it looks like the same 100 - 150 users log on every day and this has been consistent since the reopen - so let's use the high end of this range - 150 activer users per day on a weekly basis):

Delicious's Q3 Estimates
Avg. Weekly Active Users: 1,050
Exchange Turnover: W$8,850,000
Exchange Revenue: W$309,750
Exchange Earnings (best case assuming NO EXPENSES and all revenues distributed to shareholders): W$309,750
Max dividend possible: $309,750 (DPS: W$0.008) - Dividend Per Share
Share annualized yield at IPO price of W$1: 3.2%

Average Daily Users: 150
Average Turnover per 24 hours: W$96,196
Average daily trade volume per active user: W$641

So - here is the bottom line of Luke's estimations. Between this quarter and next quarter (which starts in 35 days):
- Weekly users will grow by 950%
- trade volumes will grow by 25,000%
- revenues will grow by 22,500%
- amount traded per day by each user will increase 2,275%
- estimated dividend yield will grow by 6,000%

Quite possibly the most outrageous part of these estimates, that in fact i missed until just now, is in the first line of the announcement, "The World Stock Exchange estimates that WSE will EXCEED the following Fourth Quarter 2008 Forecasts"

0,o

dd


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Thu, 28 Aug 2008 13:56:54 -0700 http://slcapex.com/forums/topic/general/2157/15996 http://slcapex.com/forums/topic/general/2157
The WSE secondary is barely selling. 500,000 shares were sold on aug 2nd to Eric Goff - but I suspect he did not pay for them - chances are he received them in payment for the work he is doing for the WSE. Beyond that, Luke has sold about 200,000 shares for a total of 200,000L, in almost a month. Assuming that this meteoric pace continues, he will have about 400,000L to play with at the end of September.

Of course, he claims to have 17,000,000L in cash, on his last financial statement. I guess we will see.

But my prediction is that, since he will be unable to cover the massive withdrawals that we are all expecting on September 22 (when the moratorium on withdrawals for "old" accounts ends), he will either have to extend the deadline, or come up with some other creative method to deny people their money. As I have said before - I think the secondary is a big ponzi scheme, and it doesn't look like it is working.

I guess time will tell - about another 4 weeks to be exact...

dd

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Wed, 27 Aug 2008 18:11:19 -0700 http://slcapex.com/forums/topic/general/2157/15981 http://slcapex.com/forums/topic/general/2157

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Wed, 27 Aug 2008 15:44:13 -0700 http://slcapex.com/forums/topic/general/2157/15979 http://slcapex.com/forums/topic/general/2157
Our "beloved" SL financial world is young in absolute terms, but it's old enough to have produced tons of posts, logs and whatsoever.

Everything is there, at our very fingertips. Comparisons between what was a year ago, and what is now, are often funny. Mostly, they are informative.

Anyway... I am still waiting for an email or a notecard from the WSE. We'll see.

What about people without an email on file? Will they get a notecard maybe when they're in busy mode?

What about people enjoying their holidays?

15 days to answer (provided that you actually get the notification) are not enough!

I'll tell you a short story.

A few days ago I was going through our transaction logs, when I noticed that someone had sold some VHI shares. The name was totally unknown to me.

It must be known that I have this habit of going through our logs since I also serve in helping with monitoring suspect activities on our exchange. I have good memory and if a name is unknown to me, then it must be someone who joined very recently and did not make any significant transaction.

I checked that user deposits. No deposits ever, only a withdrawal from the proceeds of the recent sale.

So, where did he get those shares from?

Well, it turned out that the person selling those VHI shares was an old shareholder who bought them when VHI was not listed with us.

VHI transferred to the VSTEX in August 2007. That user never made any deposit, nor a single transaction until he decided to sell his VHI shares and withdraw the proceeds.

A year and a few days after he got his account with us.

So, not only the sale was completely legitimate, but you can also see how someone may be away for a year, or any amount of time, and come back when you least expect it.

So, this whole process the WSE started, does not sit well with me.

On a side note, I logged into my WSE account a couple days ago. While not making any transaction, why should I prove again that I am "alive and kicking"?

Samantha Goldflake

VSTEX Communication and Public Relations Director
http://www.vstex.net

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Samantha Goldflake ]]> Wed, 27 Aug 2008 09:30:54 -0700 http://slcapex.com/forums/topic/general/2157/15978 http://slcapex.com/forums/topic/general/2157
Del - Welcome back. Thinking on this latest WSE announcement, I can't discern any benefit beyond acquiring the assets in those accounts deemed "inactive". Are inactive accounts draining on server resources? I'm rather curious if inactive accounts will be "frozen" or "deleted" altogether. Also wondering if his "27,000 account holders" statement will change to "27,000 accounts have been created since the WSE opened."

Keep in mind his announcement said "all existing WSE users." I take that to include us.

There's an related post that I'm including below

"WTF: Current Holdings and News
August 25th, 2008

WSE 17,808,545 W$26,712,817.50
AMI 691,672 W$518,754.00
RLX 263,014 W$420,822.40
RDX 235,656 W$308,709.36
SNE 119,269 W$128,810.52
PPL 58,753 W$116,918.47
SIM 122,531 W$116,404.45
CAR 13,288 W$41,192.80
ALC 7,476 W$11,513.04

ESTIMATED VALUE: W$28,375,942.54


The WSE Traders Fund has received a large boost to the total shares under its control after the CEO of WSE LukeConnell Vandeverre donated all his shares in the World Stock Exchange to the WSE Traders Fund increasing the Net Tangible Asset per Share from W$0.05 to W$0.086

The World Stock Exchange will be sending a notecard and email to all existing WSE users requesting that they re-activate their accounts within 15 days. Any user that does not re-activate their account will have forfeited any balances assigned to that account and therefore any shares in the WSE Traders Fund.

There are a significant number of users no longer using Second Life or the WSE or have changed their email address and are no longer contactable via Second Life or email. This action will reward any remaining active users with shares in the WSE Traders Fund as any forfeited shares from non-active accounts will be removed thereby increased the overall Net Tangible Asset per share in the fund."

While I'm sure Mr. Vandeverre's generous contribution did wonders for the WTF, I can't help but guess that the assets of Ms. Demar, Mr. Trebuchet, Mr. Halfpint, Mr. Rich, Mr. McDonnell and others contributed as well. Don't expect thank-you cards from the shareholders =)


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Konner McDonnell ]]> Wed, 27 Aug 2008 05:29:04 -0700 http://slcapex.com/forums/topic/general/2157/15970 http://slcapex.com/forums/topic/general/2157 ---------
QUOTE
Date: August 25, 2008
The World Stock Exchange will be sending a notecard and email to all existing WSE users requesting that they re-activate their accounts within 15 days. Any user that does not re-activate their account will have forfeited any balances assigned to that account.
END QUOTE
---------

Although I can understand the WSE wanting to clean up its books, so that there are not a ton of inactive accounts on them, this seems, as usual, particularly heavy handed. I would suggest that, given that the site was down for six months for an upgrade - a six month window to reactivate your account might be appropriate.

With this, Luke will abscond with yet more of people's funds - for those who are away, or don't log into SL for a couple of weeks - they will lose whatever they have in the WSE. Don't forget, many users never provided an email for use with their WSE account, so a notecard will be dropped on them inworld.

For those of you that want to keep whatever you have invested in WSE, make sure to reactivate your account. For those of you who are going to lose everything because you miss this ridiculously short window - well... you can't say I haven't warned you.

But I strongly encourage you not to take it lying down. If anyone reading this comes to learn of anyone who loses their shares because of this action, I urge you to encourage them to file an abuse report, and post on as many forums as possible what has transpired.

As for my own situation - it remains unchanged. I am not going to hold my breath waiting for my notecard from the WSE. My account remains locked, and my assets stolen. I am going to give Luke every opportunity to make this right, but I suspect he will not. By make it right, I mean unlocking the accounts of anyone he has banned - including any CEO's who's companies have been delisted in the last six months, and any individuals that have been likewise locked. Simply getting my own assets back will not be sufficient.

I am back from a very pleasant vacation, during which i had no access to the internet. It was quite bracing. lol. But I return with renewed determination to stop the WSE from taking advantage of the residents of Second Life. I have consulted a lawyer for advice on what actions are most likely to have an effect, and have decided on a course of action vis-a-vis the WSE. Please don't mistake my silence over the last few weeks for inaction. My intention is to put into place an escalating series of actions to address what I consider to be the unethical and possibly illegal actions of the WSE - at all times providing the opportunity for the WSE to make it right. Some of these will be public (e.g. keeping up the campaign of posting my opinions and evidence wherever I can, and encouraging others to do so as well), and some of them will be private (e.g. discussions with Linden Research and other WSE company CEO's about the issue) - but I am not willing to accept all of this lying down.

I am somewhat gratified to notice that shares of WSE have been selling very slowly - and aside from an initial 500,000 sale (it appears to Eric Goff on August 2, the day BEFORE the exchange reopened - sorry Eric), only about 200,000 shares have sold in more than three weeks. Whether or not we have had any effect is unknown, but I would like to think so.

So keep the pressure on!

dd





in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Mon, 25 Aug 2008 14:49:12 -0700 http://slcapex.com/forums/topic/general/2157/15935 http://slcapex.com/forums/topic/general/2157
It must be known, as part of my job for Vstex Company, I routinely scan the web for facts and news related to us, our competitors, the SL financial world as a whole.

Often I stumble upon "old" news, that eventually I read at the time of their publication, when they were "fresh".

After months, if not years, those old news often serve a purpose. How many claims were made, but weren't followed up by actions? How many promises weren't delivered? How many have been praising their business partners just to deprecate them months later? Who was in business with who?

This interview with LukeConnel Vandeverre may be an interesting reading:

http://www.metaversejournal.com/2007/04/20/interview-lukeconnell-vandeverre-world-stock-exchange/

Also the comments, with a short debate between Shaun Altman and IntLibber Brautigan.

I am just reporting the link, no comments from our side. Enjoy:

http://www.metaversejournal.com/2007/04/20/interview-lukeconnell-vandeverre-world-stock-exchange/ (April 20, 2007)

Samantha Goldflake
VSTEX Communication and Public Relations Director
http://www.vstex.net

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Samantha Goldflake ]]> Mon, 25 Aug 2008 02:18:51 -0700 http://slcapex.com/forums/topic/general/2157/15929 http://slcapex.com/forums/topic/general/2157
GL Watchdogs.



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Konner McDonnell ]]> Sat, 16 Aug 2008 11:57:58 -0700 http://slcapex.com/forums/topic/general/2157/15702 http://slcapex.com/forums/topic/general/2157
It scares me that some people may see this and believe it possible - this is MnM style foolishness. He never paid his bonds and now expects to pay a 20,000,000 dividend? Thats 70,000USD! This is unreal...............

*shakes my head*



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Tue, 12 Aug 2008 06:15:27 -0700 http://slcapex.com/forums/topic/general/2157/15612 http://slcapex.com/forums/topic/general/2157
As far as your premise goes, a quote comes to mind:

"Those who cannot remember the past are condemned to repeat it"

Since we know that history happens very,very quickly in SL, it very easy to forget. Therefore my hope is that we can begin to "write a history" as a community of what has gone wrong in the SL financial community, not just WSE but also Ginko, Allenvest, Tizzy's stuff, etc. not only to warn newcomers but also to remind ourselves that we really need to be wary of "the good deal".

History in this sense means to have a jumping off place to point people to, rather than just tell them to do their "due dilligence" or go google "stuff". That's what I think Ivan's "page" will be a beginning of. Once that page is ready then we can reference it in as many forms as we want.

I tend to think that if we don't do something, then we will eventually be held "prisoner of something that has virtually no value.", as you said, because the likes of Luke, Allen, Jasper, Nicholas, etc. will just keep hanging around coming up with better and more sophisticated ways of taking our money, because they know that they can get away with it. Why? Because we let them.


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Tue, 12 Aug 2008 06:02:10 -0700 http://slcapex.com/forums/topic/general/2157/15611 http://slcapex.com/forums/topic/general/2157
Selling bonds with a promised payment on a specific date and defaulting on them is WRONG.

Forcefully delisting companies and siezing THEIR assetts is WRONG.

Locking peoples accounts for 9 months - rendering their Linden Balance NUL and replacing with with a fictional currecy that the WSE will never be able to back (without anyones consent) is WRONG.

Right now WSE is trying to raise $40,000USD dollars in SPO to back these WIC's. Where did the original Linden Balances go?

Mark my word - if and when people are allowed to start emptying their accounts there is not going to be enough RL USD to back the sell off - why do you think he WSE SPO is set to end one day before people are finally allowed to cash their money out?

Why would anyone put more money in the WSE given its brutal track record?

Some food for thought.

Cheers

Ivan

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ivan Halfpint ]]> Tue, 12 Aug 2008 05:55:32 -0700 http://slcapex.com/forums/topic/general/2157/15610 http://slcapex.com/forums/topic/general/2157
Doesn't that all sound like certain episodes we recently
endured in SL too ?

So in very short terms, you can compare the SL stockmarket game to a big baloon filled with hot air and those whom are better versed in the game or have large interest at stake in it know better then to wave sharp objects near it.

So the question really is,

Are we trying to protect newcomers from being the next wave of victims ?

Or are we trying to protect the investments of the big boys and girls whom realise this is a very dangerous road to follow ?

Anyway, the premessis on which the power/control over others
is based comes from the fact that those whom hold your money
are very sure that you will not be that stupid to start poking this baloon with a needle, and others seem to hope you actually are that stupid so they have a reason to give you the boot.

Hmmm, it must be quite an expirience to be a prisoner of something that has virtually no value.

with regards
Hutch

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ironfist Hutchinson ]]> Tue, 12 Aug 2008 04:12:26 -0700 http://slcapex.com/forums/topic/general/2157/15608 http://slcapex.com/forums/topic/general/2157
I came accross an somewhat older article that offers a compact and understandable historical insight on how we got upto the currently ongoing discussion about virtual money and it's value (like the Linden or Disney dollar and the WIC of course), even the real US$ seems to be virtual money or whatever currency used these days worldwide for that matter.

If we want to inform the SL player on how the SL economy works and how to perticepate in it without them constantly being exposed to the always waiting smoothtalkers, moneysharks or the plain ruthless scammers I think a better understanding on why it actually works the way it does these days is one of the best things to start with.

Personally I restrain myself from using the word "educate"
because I simply do not have the credentials to backup the claim of being a teacher. But as far as I know it is free to share information, unless it is harmfull to the general commonwealth or tries to rally people against lawenforcement or other goverment .... etc etc bla bla LOL.

http://www.deepjournal.com/p/7/a/en/388.html

Hutch

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ironfist Hutchinson ]]> Tue, 12 Aug 2008 03:06:16 -0700 http://slcapex.com/forums/topic/general/2157/15607 http://slcapex.com/forums/topic/general/2157
I agreed with people on this board that yes i felt it was unethical or what ever i said ...but I agreed and I dont think Ive said to much about him actually at all anywhere.

And also he and I from time to time would talk but I would try not to talk about what he was doing. We were close at one time no trouble had fun but then I went my own way because things were falling aprt with that group of people and then other echnages popped up and then another problem so I havent really been on that scene for along time. i stayed away but liked to see his builds because like I said it was a place full of people in the begiign and thats what makes a place the presence of lolId like to say human beings but in this case virtual funny avatars from all over the world. But thats all gone now.

So I have nothing there and Ive always visited his place i tried to stay nutral in all this along time since last june I think but If he really knows me in sl he knows I have visisted his place many times just to l ook around like I do everywhere else and just because Im there doesnt mean I mean to do any harm. And well it was just ccoincidental that I had made films of his place the other week and knew the pending opening was coming so I think its more of being paranoid now for him. To me he is still a kid and he just has some maturing to do because this is a big playground and people really dont need him. Many people have not even heard of the WSE Im serious or even know that there r srock exchnages on second life.

Serious I have gone all over this place and tried to go outside this financial network to see what else is going on and let me tell you there is allot more. But banning them all together isnt the answere. They can offer some great learning experiences for osme because what im finding is allot of players r seasoned lol like me. im not old I know but had my carreer have my family and have seen allot in my life and there r allot of others in here who seem to have the desire to mentor people in these areas. So banning isnt the answere but awarness is a good thing not beware actually.


no matter what people do in here to prevent any kind of scam or unethical behavior well thats a fantasy. An awarenes program would be constructive to develop for people who want to participate in this area of SL.

And Im not talking orientation Island and pointing fingers at one peticular exchange when new people arrive but as a whole somekind of orientation for beginingers to relaize the pros and cons and risks involved in this area of sl.

There will be fraud there will be people lashing out at others either because they had a bad day, month hmm year we cant change it but we can at least try and avoid it by educating people what the deal is in here.

I know some of the gentlemen here on this exchange were holding meetings, seminars to help people understand things better in here maybe bring it to another level specifically desighned for an orientation on all the different exchanges in SL because there will most likely always be more than one, always competition and if one goes down they all could go which doesnt help anyone. But i think there r enough people inhere with enough business sence to put together some program where they could switch off and on with each other. Rotate or how ever they could fit it in I think that would be a great attraction not just to one exhnage but for all of them. Like I said its a big play ground and there is room for everyone.

Well enough said..Im tired and hope you all recover what is due to you. I really understand what has happened and agree still it is wrong period and I can say that because I can plain and simple.

Sophia



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Mon, 11 Aug 2008 22:42:22 -0700 http://slcapex.com/forums/topic/general/2157/15605 http://slcapex.com/forums/topic/general/2157
Good luck with your strategy. I hope that it is successful, if anyone can make a difference in letting the community know what is going on, it is you.

I am not advocating any direct action against Luke or WSE, especially litigation. I agree any litigation would spill over to the rest of the exchanges and serve no purpose except to make some Lawyers a little richer so that they can spend a week in Cancun and give LL an excuse to shut us down completely or change the rules so drastically that it causes all of us to lose what money we have left in game. I am not an advocate of that.

I am on the side of informing the public of the past and what is currently going on now, lest we forget. I think that is the best that we as a community can do. If Luke chooses to raise the stakes, then he can compete against himself because I'm not sure anyone wants to play "poker" with him any longer if that makes any sense.

However if you see a danger in that (informing the public by the means being discussed on this forum,i.e. ads on SLR and Facebook linking to a "stories" page, u-tube videos, etc., then I am willing to listen to other ideas.

Thanks.




in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Mon, 11 Aug 2008 19:52:42 -0700 http://slcapex.com/forums/topic/general/2157/15600 http://slcapex.com/forums/topic/general/2157 the messages you received from Luke are not surprising. In my opinion, these are for him the first step in locking your account and seizing your account holdings (if you have any...).

I suspect that in his mind, he has now warned you, and therefore cannot be held responsible for seizing your assets if you continue to make "anti-WSE" statements in public. I have seen this pattern before from Luke, and it inevitably ends in your removal from the WSE, and the appropriation of your shares and cash.

It seems clear to me that Luke somehow believes he is justified - and he cannot see that he has continually crossed the line. In his mind, he is protected by his terms of service, and believes that since he has stated in them that the WSE can, at it sole discretion and for any reason or no reason cancel your account - that makes it legal and protects him.

Of course, as any reasonable person knows - this simply is not true - an illegal terms of service is unenforceable and void.

In the short term, however, you need to realized that continuing to post here or elsewhere will only end one way.

Although i have not been posting much here or elsewhere since an initial flurry before the WSE opened, and then after my account was banned, I have been pursuing other avenues to have an impact on the situation. I am seeking legal advice, and have identified a number of avenues that can be followed to have an impact on Luke Connell and the WSE, both within SL, and beyond SL. Since I have already written off whatever was in my account - I have nothing to lose by pursuing these avenues.

I hate to be so vague, but at this point, I haven't decided how far to go with this - my indignation is telling me to take it as far as possible, but my intellect is reminding me how much time, effort, and resources that might take. And I hate to make silly threats and gestures before I have committed to carrying them through to the end.

Unfortunately, any REAL action taken against Luke and the WSE may well spill over to the other exchanges - if Linden Research is subject to (or even threatened with) RL litigation over the actions of Luke Connell and the WSE, it may well feel the need to create a policy with regard to virtual exchanges in general - and we all know that the only safe policy for Linden Labs is an outright ban. I can only imagine that any meaningful legal action by someone against Luke and Hope Capital would also name Linden Research (and possibly Facebook) as a co-defendant, so if something goes forward, I would expect LL to wade in and deal with the situation in one form or another.

Although, you never know - LL has surprised me before with its willingness to stand on the sidelines and watch - so perhaps nothing would happen.

My ultimate goal in this is to allow Luke Connell the chance to see the error of his ways and make restitution. I don't want to be unnecessarily confrontational, and I don't want to get into a war of words with anyone. I simply want Luke to realize that he cannot play fast and loose with other peoples' property (and it IS our property - no matter what his Terms of Service might say). He cannot continue to justify his unethical and quite possibly illegal actions using the tenuous house of cards that he has constructed to place WSE upon, presumably believing that it offers him some measure of protection.

Perhaps I am having my own delusions of grandeur in thinking that as an individual I can have an impact on the situation, or that anyone really gives a shizt what I think or say or do about the situation. But whatever I decide to do, if I do anything, I will approach it as I approach everything - quietly, methodically, with a great deal of research and planning, and, once committed, passionately.

So there.

dd



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Delicious Demar ]]> Mon, 11 Aug 2008 19:31:18 -0700 http://slcapex.com/forums/topic/general/2157/15598 http://slcapex.com/forums/topic/general/2157
Im not looking for gold either in here just to have fun actually.

"The real problem we dealing with here are the vague bounderies of RL business and SL gameplay" BINGO!

I will write more later but I would like to listen in on the conversation after these developments.

So Thank you for your words of advice and wisdom. The name Sophia..well I chose it because its my best frinds mothers name and she was like amother to me and an artist and I always loved it.

Sophia

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Mon, 11 Aug 2008 16:59:22 -0700 http://slcapex.com/forums/topic/general/2157/15580 http://slcapex.com/forums/topic/general/2157
[16:07] LukeConnell Vandeverre: (Saved Mon Aug 11 00:07:24 2008) Hello. WSE has over 27000 accounts of which less than 10 are locked due to breaches of the WSE Terms of Service by those users. I've noticed that you have been making it your business to you spread false allegations about the WSE and I'd like to know why you are doing this? what do you stand to gain? Your account isn't even locked. Regards, Luke.


For the record here was my reply. Just to make sure that Luke knows that we are playing an open and transparent game:


[16:12] Arnaud Villota: First start telling the truth about the number of companies that you have delisted for no reason except that they may have questioned a policy. Next justify the number of accounts that you have closed and converted the lindens to WICS. Then justify the whole WIC thing. I told you in the past that the lindens in my account were duplicates form the Ginko mess. I told Nickolas and I told you. You both ignered it. As far as I know those lindens are still there and willr emain there because I will not touch them. Are you this paranoid that you have to scan forums to see who is questioning the way you do business? If so, then I pity you. However my pity does not mean that I will not protect my family form your questionable dealings. I have warned them to stay away form you on facebook. And if by chance you ever discover who my family is and start to do what you have done to several others on WSE, then there will be nothing to stand in my way to come after you with everything I have.
[16:12] Second Life: User not online - message will be stored and delivered later.
[16:13] Arnaud Villota: Please understand that this is not a threat, it will become a course of action if necessary.
[16:13] Second Life: User not online - message will be stored and delivered later.

*Please substitute *from for form! I am dyslexic on the keyboard. :)

EDITED: Also I meant WTFs instead of WICS! The mind gets old....


in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Mon, 11 Aug 2008 16:26:20 -0700 http://slcapex.com/forums/topic/general/2157/15579 http://slcapex.com/forums/topic/general/2157
I agree that this should not end up as a personal vendetta against whomever, certainly not against Luke, I have no time to spare on the likes of him. If any attempt will come of this intention it should truely be to inform correctly and best in a joined effort with others whom have similar plans to improve the overall quality and security of the game.

besides,
I only endlessly annoy, bugger or haunt people I truely like
LOL

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ironfist Hutchinson ]]> Mon, 11 Aug 2008 16:26:07 -0700 http://slcapex.com/forums/topic/general/2157/15578 http://slcapex.com/forums/topic/general/2157
It matters not how long ago you used an object that requires permission, even if it was years ago, your avatarkey was used and probably obtained the second you used the ATM to get a password for access to your (WSE account in this case) on their website.

Their are a great number of tools/scripts available (either store bought or scripted on demand) that scan for avatars, I believe there are even those that report an incomming avatar on a HUD before they actually land on the sim. It would only take split second for a well written script to extrapolate the data and connect the dots about whom is going to land and even faster if your main account avatarkey is already known. So please dont look for any ghost in the machine in that direction. As I said there a many things that the regular SL resident is simply not aware of .... YET.

As to you question how much weight one person can have on a crowd is very subjective, but taking 2 quick examples out of history class like Gandi and Hitler, both induviduals that somehow where able to move entire nations into enlightenment or total destruction. So alot I would say, it is all in the eye of the beholder.

As to who is who, I can only say that I believe they mostly are the same select little group of people that keep bouncing around companies, stock and whatevermore among echother so it all looks very impressive but all that happens is slowly decreasing shareprices under IPO value by means of well engineered failures, disapearing CEO's
that leave humongous debts in their wake weakening competitors and then haunting them until they are loose there composure and walk out or sell off their hard work for a fraction of its value ......oh well it is just the way this corporate game is ment to be played I guess.

The real problem we dealing with here are the vague bounderies of RL business and SL gameplay, we all know by now that the SL economy it self is not able to support exchanges with listed companies that soley draw their income from inworld business activeties on the scale that is currently being practiced. So what do you get ... semi RL/SL business contructions that need to draw income from RL business to pay the ROI to a 1000 or more SL investors under which some have investments over several millions of linden$. But what rights do the SL investors have to call upon when it comes to the RL aspect which are mostly privately held companies (RL contracts perhaps ?) ... the LL TOS ? well good luck there, LL already rarely intervenes with 3th party conflicts even when their soley based on inworld business. So imho the first thing that should be clear beyond a doubt is wether we play a second life game a SL/RL spinoff or are we practicing RL business under the cover of a unregulated VR environment that makes it easy to duck RL legal obligations or provide an convinient methode to clarify income from obscure sources ?

So my dear Sophia, ultimately the choise is yours to make. Do you seek to play a game and have some fun with your friends, or do you knowingly want to dive into the shark invested water for that treasure chest of gold coins and risk being ripped apart like many have before you.

BTW, is "Sophia" not the greek word for wisdom ? hmmm nevermind you know your abc and how to add or subtract.

with regards
Hutch

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ironfist Hutchinson ]]> Mon, 11 Aug 2008 15:31:04 -0700 http://slcapex.com/forums/topic/general/2157/15573 http://slcapex.com/forums/topic/general/2157
I understand what your saying. someone last night told me also how they could do that / know that. But I had just landed there as an alt. I have not touched a machine in there for I dont know how long as far as for a transaction. In other exchanges right before the ban made deposits and then possibly back to get a password here and there but not at the WSE. Havent played there in i cant remember when. Visited of course. i always loved the atmosphere but over time that even got a bit well dull.

I have to say also in all honesty I havent had a problem with Luke as far as him ever being nasty to me or me being nasty to him so as to have a past of words before. We never have really. He always treated me with repsect but I wasnt a fool. I saw how people were treated and for what crimes the committed. Soem very trivial and it was always on his terms most times. Like a child. Its my game and I'll play it like i want to and if you dont follow my rules your out of here. so it isnt anything new. But when the money is involved thats a different story. and im not talking monopoly money or virtual currency.

You have to for most players buy it to start and use a credit card to purchase it so theres a real life transaction involved here and dont give me the well its an SL universal token you could have used it anywhere ..no we know for some its used specifically to play thier games in the exchnages to raise some rl cash.

I was a member of WSE and bought and sold on there and had stocks held for a time but got back the small investments I made after a wait and tried to refrain myself from using the exchanges but for a few stocks on a few other exchanges for fun. Knowing the risks involved and knowing how they r so easily munipulated so I kept it under control.

Before Avix came into the picture that was when I really took stock in saying to myself this is a bunch of crap which most of it is and was but followed what I could and as I did and things unfolded and they were not rumors or defamation of character for many of the players who pulled off some of these dirty deeds..they ruined thier own rep, they did it all on their own eventually without anyones help.

I saw things happen that went down in a timely fashion for not just WSE but others as well so yes I believe and this is my own opinion and specualtion that some had to have been informed ahead of time when some of the events that have taken place in here went down.

This one peticular individual I know (and we all know by now u know who )and how they can get very childish and throw a tantrum and let it out. Ive seen it myself. Blow thier horn and push what little weight they may carry. how much weight do they carry? Hmm another question that will be answered in time im sure. It always comes out.

But Id like to have a figure as to how much money people have personly lost from those goings on. And if they ever did recieve anything bach and how long did they have to wait? I cant see in his case the laps of time that has gone by being exceptable unless they had in rl personal serious issues. I dont buy it. but I dont know. Know one knows that answere but u know who.

Im not for closing down the exchanges either, I think they r a great element to SL as far as being used as a learning tool on how to participate in an exchange and learn some business protocal and pick up some ideas along the way for some.

WSE when I started had only 1 IPO and that was Hope Capital and then the others slowlly came on brd. I sat in on may meetings in the original WSE Hall and found it to be a great place to learn and meet poeple and chat and find out what was out there in SL.

It was a busy place. That was the time when the place was full of people it was always full of people. That doesnt happen in SL anymore because of all the web sites people can go to now. Theres basically no need other than to deposit or withdraw to visit the exchanges so they r all mostly ghost towns except for the 2,3 or 4 people who may show up because they either run the place or r working there on building. and also on skype now. no need to all be in one place but for a few who like the round table look for appearances which I think is great. And also not to leave out the trust facter. This business of not holding a public meeting with MNM (as far as i know there isnt going to be one now) it will be on skype or what ever means you want to meet but not in an open forum. See thats convienient you cant record that how clever once again.

Lets see we went thru many closures of Exchnages while Ive been around WSE for all kinds of updates which again were timley and AVIX and Ginko and ACE and the Tizzy situation and all what went on with Investor Allen and not to mention the Midus touch along with so many other little dramas I sat quielty back as a spectator taking it all in and shaking my head with a few chuckles there and there. we wont get into the land deals either.

I feel yes their should be a public awarness and we dont have to point a finger at any one individual really because its across the board here and its going to happen over and over and over again with new ones that pop up and with yes the ones in exsistance today.

Ive seen it all or well read and heard the ruthlessness of these beasts. I dont know oh I take that back ..I do know why these certain people get a kick out of the control factor and the euphoric high they most likely get when they try and exersise their authority. Which can at times can be very damaging to the aposing side not virtually but in all reality so where something like this can and does impact an individuals Real Life with dire consequences. Is an important issue. It isnt a good thing or a healthy thing.

You do have new people coming in every day or maybe we should check the counter at the doors of sl as to the per minute lol to really get a count of real new residents and not bots or alts.

Serious these people r like me when I was new like us all. They say to themselves if their not into well virtual sex or fashion or they are not artisitic at heart when they first arrive. Many like me said to them selves while they searched where would I find allot of people? where is it really hapening? Not the bars been there done that, not for me everyday Ah I know the Stock Exchange!

Thats how I thought when I started I thought Wow I wonder if someone built the New York Stock Exchange that would be an interesting place to meet people I bet there r all kinds of people to talk to there and wouldnt that be fun which it really was when I found one.

But it slowlly it to became a real headache for me & not worth my time it was see ya later time..I'll just do my own thing. Which I did but followed them all the same and just shook my head to my self why havent people caught on by now? Whats wrong with these people. dont you get it cant you see it?

Just hearing the real voices during the bank ban and how upset some people really were gave me a lump in my throat a time to pause and think once again as to the rl impact on so many. I was there at JTF and heard how upset people were from all over the world in RL and not just at JTF but it was at other places in Sl people paniced we all know. But i heard their real voices and the backgrounds of their homes from my speakers. There was a panic in real life for some of these folks.

How many people dipped into their rl savings or used money that should have been spent on the rl family household and not on some game of wheel of fortune you most likley would in most cases walk away the looser except for the fortunate few who knew how to like we say munipulate the market. Come on we all know this went on and still goes on.

So to not go on any longer sticking my nose into something Im told i know nothing about. Sorry.. I do know. hmm Im not a part of. Hmm thought I was well since Jan of 07. And I also dont recall being able to figure out who's alts were anyway.

I knew who blew into many of my places from time to time just from on the up and up featured items that r at your disposal in sl for greetings and counters and things like that. I dont recall either giving out my rl email adress to anyone else in here but to linden lab which Im more than welcoming the notices of messages people have left me trusting in them my private information was safe. Well I guess it isnt and that is disturbing.. Ive read old blogs where certain people were given information about who is hwo and yes it is easy to track someones IP. I dont care if anyone knows who my alts r they r props for me basically or mules for inventory.

So yes there is allot more going on thru the looking glass here that basically the general public is unaware of and that is that there has been proven fraud within SL and it will continue and with that said some awareness should be exceptable to warn the next generation of sl residents who just wont have a clue unless it is made public.

So as to possibly protect them from making big mistakes we can all make. Some alert just maybe place a little bit of hesitation into the others who think they can play a rotten game of hide and seek with others do re me.

I wasnt born yesterday and when I was this Lukes age using him at the moment for an example that well the world was mine and I knew it all but I wasnt ruthless I didnt have to be, it wasnt my nature and unfortuantly at my age of 49 and seasoned now as to how people work and what makes them tick to the likes of many rl and virtual fraudsters as lesson from rl.

So im a Sr. now not a Jr in this game of life now and it catches up with you..what u do will follow you. My parents always instilled honesty and good virtue into all of us. My father was a judge and an attorney for over 47 years or more Ive lost count and yes it was like living with Perry Mason in real Life my father was strict but was a good man and always tried to let me know what you do now molds the character you will become so put your best effort into building your character through life and treat people with respect because climbing that ladder of life you never who u may come across that you may have hurt or crossed or scammed. They never forget it.

Im all for bringing awarness to this theater of virtuality and the financial risks it doesnt stop at the exchange door either and will be dam proud of it to have helped a few people along the way.


Sophia Yates

PS sorry it was so long...i think ou know me by now. Not one for well really one liners and getting to the point. could have been from watching my dad in court all those years and at home using his voice and body to get his point across very strongly. I thank him for that to this day.



in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Mon, 11 Aug 2008 08:31:01 -0700 http://slcapex.com/forums/topic/general/2157/15567 http://slcapex.com/forums/topic/general/2157
So for what it is worth you do not stand alone Sophia and if it is within my capabillities I am more then willing to lend a hand if you are serious about making an effort to inform people on the pittfalls of the game without bias.

Hutch

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ironfist Hutchinson ]]> Mon, 11 Aug 2008 03:38:58 -0700 http://slcapex.com/forums/topic/general/2157/15564 http://slcapex.com/forums/topic/general/2157
Alt accounts are no more then sub accounts of your main account, you can compare them to aliasses of a main Email account. As like with a Email messages that send along headers about the origin of the message (info about whom send it and from which adres, how else would you be able to see who contacted you. and also for auto answering services) SL accounts seem to work the same way.

I have not quiet figured it all out yet but it seems to work through the avatarkey of your main account avatar (Sophia Yates in this case). Each time you give a object in SL permission for a transaction (like a ATM on the WSE sim probably in your case) or a camp or dance spot which asks you for permission to animate your avatar, your avatarkey is then used to link those activeties to you account.

It even seems possible to locate avatars that are not on your friendslist and which never gave you permission to locate you on the map if you have their avatarkey.

According to my personal research there are many things possible and happening on the background that we simply not aware of.

I stopped digging into those possibillities cause I was already borderline.

but I am sure there a few wizkids out there that could inform you further on these matters if you so wish.

Hutch

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Ironfist Hutchinson ]]> Mon, 11 Aug 2008 02:44:04 -0700 http://slcapex.com/forums/topic/general/2157/15562 http://slcapex.com/forums/topic/general/2157
But Ive also been on SL on both workstations to see how they r operating. I had an alt logged in because I use that alt for films and Ive been working on another skit not related to this post or the MNM crap.

So this is what happened to me tonight..I see Luke come on. He is on my friends list. He has been since I met him way back ok I dont delte most friends ..and im an inventory horder lol...so..I see him come on and I sent my alt to Hope Capital to pay a visit. To look around.

Remember its not my main account "ME" my Sophia Yates ok. Well he logs in I send my Alt and I get a message with in
(my alt arrived there around 22:14 so it says on the other system as to teleporting but I recieved a message right away to "ME" Sophia Yates at 22:11 which doesnt make sense the time stamp because she arrived while he was there not at that time before or after which is a bit weird. My message at 22:11 and she teleported at 22:14..may not be a big deal but...

Then I got a message from Luke to "ME" my Sophia Yates AV who was not even there. And if Ive violated any TOS agreement forgive me but I find this a bit disturbing big time ok and Ive never said anything bad about him publically until now and also in a recent post that I agreed with you all that what was happening there was totaly wrong. How ever I stated my words doesnt really matter and a video of course lol but it was a blend of all institutions in sl good and not bad so either he is paranoid and it was a mass im or he has an inside line with linden lab as to peoples accounts and very fast might I add. How could he know that was my alt?

He never saw her and if he did he wouldnt have been able to figure all that out in seconds. She deosnt belong to any of my groups either. And to send me this. I felt this as a threat to a degree. "Making it my business" well yes im am making it my business and does he think he is God?

I havent spread any false allegations about him either. Not in print or public but recently on here that I agreed he was not acting right and that I would help to bad..I think we have all had enough of this crap..so..you tell me if he doesnt have inside information or what?

My alt does not belong to any of my groups she is for fashion only and to collect cloths and objects for filming. Now were did he and how could he have known that was me so fast?

This really disturbs me now and with LL's security. hmmm. This isnt going un-noticed either. Someone on the inside like we thought..Luke im sure you will read this and if anything happens to my account I will serve you and also have IT investigated and LL. Not by them but by others.

Im sorry to use this forum for this but again im proving a point ..you cant trust anything on here or there and him sending me that message proves something.. he knew I was on line because i am on his list to but he knew I had an alt which tells me he knows account information which explains allot..now just a theory that yes what people have said.. that before the bank ban he did know it was going to happen.

So if you dont see me for awhile you know what happened but you will see me on other sites and i'll make sure of it.

This is what he sent to me....its all fixed guys...I know that..

"[22:11] LukeConnell Vandeverre: Hello. WSE has over 27000 accounts of which less than 10 are locked due to breaches of the WSE Terms of Service by those users. I've noticed that you have been making it your business to you spread false allegations about the WSE and I'd like to know why you are doing this? what do you stand to gain? Your account isn't even locked. Regards, Luke."


What do I have to stand to loose? UHH well the integrity of the whole virtual world I would guess Luke. I cant and wont sit idle and watch other loose..because my account isnt locked i cant see whats happened I dont think so...I never invested allot anyway because I felt it was a loosing game and i guess that intuition was right.

Sophia

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Sophia Yates ]]> Mon, 11 Aug 2008 00:13:45 -0700 http://slcapex.com/forums/topic/general/2157/15559 http://slcapex.com/forums/topic/general/2157
I have two daughters who both use Facebook as well as my wife. They have also been informed of the "danger" of Luke and WSE. They are spreading the word as well. I think that if all of us "spread the word" on facebook or myspace or whatever, and have your contacts spread the word as well, then it will have more effect than an advertisement. The advert will still be there, but it is always nice to have a backup.


I have yet to talk with Cash. My time has been limited, but I am hoping he can give this forum a special "price" based on what we are trying to accomplish. I would understand if he sees it as a conflict of interest.


Thanks.


MODIFIED BY AUTHOR FOR SPELLING

in topic OP/Ed and Commentary re; WSE - World Stock Exchange by Arnaud Villota ]]> Sun, 10 Aug 2008 16:09:47 -0700 http://slcapex.com/forums/topic/general/2157/15541