http://slcapex.com/forums/topic/general/610 In forum General Investment Discussion en-us Fri, 03 Sep 2010 07:14:55 -0700 Fri, 03 Sep 2010 07:14:55 -0700 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/general/610
Even if it were shut down today, SL would provide case studies and graduate theses for Psychologists and Sociologists for several years to come.

We've all seen the best and worst in our peers and neighbors play out here, haven't we? And just as we do in RL, we have choices to make everyday in SL. Namely, we can call upon our 'Better Angels' and make our corners of SL better places; or we can succumb to our lesser ones, and drive it into the ground.

There was a 1970s slogan that said THINK GLOBALLY, ACT LOCALLY. But could we all do it a bit more quietly? This 4th Grade shrillness makes the CapEx forums (and the exchange indirectly) the joke of the SL Investment community.

Farqot Gustafson
Director, SL Reports
CapEx, ISE & WSE Investor


in topic Federal offense of Mr.Allen? by Farqot Gustafson ]]> Thu, 27 Sep 2007 13:18:00 -0700 http://slcapex.com/forums/topic/general/610/2967 http://slcapex.com/forums/topic/general/610
I created I new post....

Stop please.

in topic Federal offense of Mr.Allen? by Cash Yiyuan ]]> Thu, 27 Sep 2007 05:40:57 -0700 http://slcapex.com/forums/topic/general/610/2940 http://slcapex.com/forums/topic/general/610
I fully understand and I'd hate to witness the end of this great project. At the same time, Arb's last update is pretty clear and doesn't give much flexibility for interpretation: investors should take responsibility for a bad investment -- a distressing statement implying that fraud/crime is, in SL, a risk like any other to cope with. I am affraid this sort of thinking will only help normalize/banalize/trivialize a deviant behavior which, in my opinion, should still be considered abnormal and thus requiring abnormal measures (delisting not being enough). At this point, if Arb's actual stance is final (after all, he does have the high ground at this point), I think Cadence's initiative may be necessary. Otherwise, what other option is left to us? Although not a democracy, should this exchange be considered a medieval monarchy? Come on.

You are asking for a cooling period, Savvy, and I think it's a wise thing to do. As long as it is put to good use by *all* parties involved (i.e. a period to reflect on all options available for a reasonable solution), and not only some distance in time that would add up and, after a while, make the whole issue appear less important. This *is* important, guys, and will have to be addressed, no matter how much time we take to cool down.

And to Arbitrage, I personally apologize for publicly pushing the idea, many times on SLCapex forums, that this whole issue could have been planned by Arb in order to take revenge on Sal Ackland. In your last statement, you officially claimed this was not the case, and I have no intention of accusing anyone of lying. It has to be understood, though, that the lack of information on what was going on could only stimulate various hypotheses on the part of investors. When much is at stake, people can hardly manage uncertainty for a long period of time, and have to make sense of distressing events, sharing their views with others, whether about religion, politics, or economics. In this case, information was scarce and there are still many unknown pieces to the puzzle. Again, I hope that, in the end, an agreement *will* be reached, should it mean for you to accept that Allen stays in business and investors be reimbursed to only 50%-70% of their capital instead of a big 0%. I think the "all or nothing at all" stance, that you've stated in your last update, may be a disservice to all investors. I believe this should be discussed further.

In the end, I think this drama will have had its advantages - in adversity, new friendships happen and hopefully, not too many of them will have suffered.

Hey Lindsay, how's that for a "girlie" conclusion? ;)

Valerian

in topic Federal offense of Mr.Allen? by Valerian Dryke ]]> Thu, 27 Sep 2007 05:38:25 -0700 http://slcapex.com/forums/topic/general/610/2939 http://slcapex.com/forums/topic/general/610
I believe in pursing justice, regardless of the overall outcome and the effect it may have.

I certainly can not speak for anyone else except for myself, but believe me when I say that this Allen situation will be brought to 'legal' light.

From this moment forward I will not be issuing further statements on this matter.

Cadence

in topic Federal offense of Mr.Allen? by Cadence Juran ]]> Thu, 27 Sep 2007 04:31:51 -0700 http://slcapex.com/forums/topic/general/610/2936 http://slcapex.com/forums/topic/general/610
"Taking these issues through a RL lawyer is the best and fastest way to get SL Stock Exchanges shut down for good, the Linden's won't have a choice." (Savvy Moyer)

The SL Exchanges operate outside of LL territory and not on the SL grid. They are merely to be considered "fansites" if it came down to what their exact status is I assume. While LL could definitely request to remove all links to SL and LL - revoke their license (as explained in the fan site regulations at http://secondlife.com/community/fansites_regs.php) - and possibly ban the accounts if the people involved in the exchanges, whether it be running them or participating in them, that's where their interference would end it seems.

Not a good option to look forward to, and as the situation definitely is heating up we could reach that point in time before we know it.

People have been calling for a cool down period and I support it, though truth be said I'm also supporting those who (want to) take legal action right away. Yes, I want to have the cake and eat it too.

Venturing into unknown territories is never without risks and while probably few people could have foreseen a case such as this from developing, something alike was bound to happen. Whether or not this is or was a ponzi, a setup from the start or a unfortunate coincidence, the outcome will determine where the global idea of a capital market in or on any virtual world ends up.

PS : anyone running with my 2 cents is hereby advised that it represents nothing but a personal statement which could change or be retracted in due time, and that no compensation can be obtained for losses incurred due to basing your own opinion onto this statement.

PS : that was a joke people, lighten up ;)

in topic Federal offense of Mr.Allen? by Servme Nakamura ]]> Thu, 27 Sep 2007 02:38:44 -0700 http://slcapex.com/forums/topic/general/610/2928 http://slcapex.com/forums/topic/general/610
I by no means meant to imply that we should sit back idly and do nothing. I firmly agree that we need to find resolution for this matter.

However, the WORST thing we could do is bring RL Law into SL Stock Exchanges. I think most everyone who knows much about investments will agree that we don't want the SEC coming down to our little playground and snooping around. I've already found myself on the wrong side of one SEC investigation in my lifetime as a victim of a Ponzi, and let me tell you, it is not a path we want to go down. When the SEC sets their mind to a course of action, that is the way things are going to happen.

Now if some investors go and bring attorneys in looking through all the fine details of the SL stock exchanges, how far behind do you think the SEC will be?

Lets work it out, find a way for everyone to get what is due to them and move on, WITHOUT bringing RL Law into play. I think at this point there are still options on the table to avoid lawyers and those need to be addressed fully.



in topic Federal offense of Mr.Allen? by Savvy Moyer ]]> Thu, 27 Sep 2007 00:42:04 -0700 http://slcapex.com/forums/topic/general/610/2924 http://slcapex.com/forums/topic/general/610
At this point, investors are ready to take legal action and, really, who can blame them? We are just beginning to get some real info from the statements, and the story that appears looks ugly enough; the investors will eat up the loss and, for the good of the exchange, should just shut up? That's a little insulting. From what I've read about the meeting between Wise, Allen and Lindsay, I'm not sure *everything* has been done to settle the matter in the best interests of everyone involved (I have good reasons to trust Lindsay when she says more could have been done). So if these legal actions can put some further pressure to get a damn settlement, let's do it. Capex Management wants to keep the exchange running, and investors want a more acceptable solution. Plain simple. We're all adults -- I can't believe we cannot get to any agreement. That's just absurd.

in topic Federal offense of Mr.Allen? by Valerian Dryke ]]> Thu, 27 Sep 2007 00:04:16 -0700 http://slcapex.com/forums/topic/general/610/2923 http://slcapex.com/forums/topic/general/610
Should this message not be on a note card and be delivered to Investor Allen in stead of posting it here. It appears to be a bit of a desparate attempt to force Investor Allens hand now.

The 48 hour time limit is not nearly enough for him to comply to your demand even if he wanted to, so you might as well release your dogs right now.



in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 23:09:45 -0700 http://slcapex.com/forums/topic/general/610/2920 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 23:08:29 -0700 http://slcapex.com/forums/topic/general/610/2918 http://slcapex.com/forums/topic/general/610
That still is based on the premise that the $Linden has a monetary value, which both the Linden Labs and SLCAPEX very clearly state is not true.

Taking these issues through a RL lawyer is the best and fastest way to get SL Stock Exchanges shut down for good, the Linden's won't have a choice.

We all have grievances here, but for crying out loud, we can still make good out of this so long as we don't involve RL authorities who have the capacity to SHUT THE EXCHANGE DOWN PERMANENTLY with no reimbursement for ANYONE.

If you thought the shutting down of Casinos was bad, just wait until the Government gets their hands on the exchanges.

in topic Federal offense of Mr.Allen? by Savvy Moyer ]]> Wed, 26 Sep 2007 22:35:46 -0700 http://slcapex.com/forums/topic/general/610/2917 http://slcapex.com/forums/topic/general/610
I am even more determined t o ensure my RL attorney tracks Allen/Sal down.

Word to the wise for Allen, instead of posting retorts... I would focus on reimbursement.

The clock is seriously ticking against you. I wish you would understand how serious the situation is, the ball is in motion... not just with me, but several others.

Allen, we are calling upon you to fix this issue now before it really becomes beyond serious.

Reimbursement is the only solution.

I am giving you 48 hours before I release the "dogs of war".

MOST SINCERELY,
Cadence Juran, Chairman
Allegro Acquisitions, Inc.

in topic Federal offense of Mr.Allen? by Cadence Juran ]]> Wed, 26 Sep 2007 22:25:08 -0700 http://slcapex.com/forums/topic/general/610/2915 http://slcapex.com/forums/topic/general/610
This is a VERY deep issue that needs a lot of work. No forum would ever solve it -- even if you had a forum of legal experts and former Presidents (Jimmy Carter reference).

Be patient friends. We are all bursting into new territory here that the world has never seen before... finance in a virtual world... there are going to be some rough spots. We may all get emotional at times, but we will get through it.

in topic Federal offense of Mr.Allen? by Xavier Mohr ]]> Wed, 26 Sep 2007 22:11:06 -0700 http://slcapex.com/forums/topic/general/610/2913 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 21:54:04 -0700 http://slcapex.com/forums/topic/general/610/2908 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Xavier Mohr ]]> Wed, 26 Sep 2007 21:46:41 -0700 http://slcapex.com/forums/topic/general/610/2906 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 21:44:13 -0700 http://slcapex.com/forums/topic/general/610/2905 http://slcapex.com/forums/topic/general/610
Seriously though. I think it is time for some mediation to take place. Allen, Arbitage and a neutral Third Party (I vote Marc Attenborough) sit down and come up with a plan of action that everyone can abide by. Forget lawyers, forget cease and desist orders, just plain work it out.

Allen says Capex is not cooperating, Capex says Allen isn't cooperating. Investors have to demand a third party step in and work this out. I'd even go so far as suggesting that INC be put in charge of all of the AIG Assets until such time as a workable solution can be put forward. If the assetts are in third party hands, we can confirm that Arbitage is not out to put all of these assets in his own pocket, and that none of the assets would be in Allen's hands until and unless ALL of his investors have been paid out in full.

As Lindsay stated, this needs to happen like NOW. Get thy house in order, because this exchange and, for that matter, all of the exchanges, are losing face by the minute.

And isn't it a sad state of affairs when Lindsay and Xavier are going back and forth like this??? I can only assume this was NOT the path originally envisioned for CAPEX.

in topic Federal offense of Mr.Allen? by Savvy Moyer ]]> Wed, 26 Sep 2007 21:29:24 -0700 http://slcapex.com/forums/topic/general/610/2900 http://slcapex.com/forums/topic/general/610
Maybe that is because they got lost in their own shadow games Xav.

in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 21:28:29 -0700 http://slcapex.com/forums/topic/general/610/2898 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Xavier Mohr ]]> Wed, 26 Sep 2007 21:23:17 -0700 http://slcapex.com/forums/topic/general/610/2897 http://slcapex.com/forums/topic/general/610
So wait, are you saying that Arb knew months ago that Investor Allen was Sal Ackland? Ok, yes, he posted that blog...sure...right....did he have evidence then? Did he buy the exchange with ulterior motives in the first place?

.....Don't answer that....nevermind...I am leaving for real this time. The forums don't need to hear what I have to say because it will get me delisted and I don't want that for my shareholders. If I have to just keep my mouth shut to stay listed I will. My shareholders matter to me more than this scwabble. Have at it, Xavier.

*drops the mic again and goes to sit in the audience.*

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 21:18:09 -0700 http://slcapex.com/forums/topic/general/610/2896 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by 7736237 Paine ]]> Wed, 26 Sep 2007 21:15:57 -0700 http://slcapex.com/forums/topic/general/610/2895 http://slcapex.com/forums/topic/general/610 REZZZPEC

in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 21:09:14 -0700 http://slcapex.com/forums/topic/general/610/2894 http://slcapex.com/forums/topic/general/610
And don't pretend I do or do not know what is going on here. You have no idea. Where were you in May when we went through all of this before? Have you been listening in to all my private conversations? I chose not to be a part of official negotiations based on what ARBITRAGE AND I have ALREADY GONE THROUGH months ago!

All anybody wants to do here is help everyone involved. Fortunately, some of us try to do it with a little dignity rather than giving up. I have faith in both Investor Allen and Arbitrage Wise. I have been going through this hell for months as opposed to days and it is all going to come to an end. Shall I refresh your memory here?

http://arbitragewise.blogspot.com/2007/05/fool-me-once-shame-on-you-fool-me-twice.html

So you got to hear a fight between Allen/Sal about the VCE? I can name so many others here on this board that can claim the same without insider knowledge. It is not massive news. Nor is it surprising that CapEx is halting all action. What is surprising is that people automatically expect the situation to turn into a derailment that represents a massive loss of money to investors.

Investor Allen came to me for help today because something failed in the process this week. No promises on anything have ever been made by me or others. But making a bad situation worse is not the answer here.

I have NO stake in this other than to help Allen and Arbitrage. I am not attempting to push an IPO or sell stock. I have no product to sell. I don't think there is ANYONE at this exchange that can say the same thing.

in topic Federal offense of Mr.Allen? by Xavier Mohr ]]> Wed, 26 Sep 2007 21:08:35 -0700 http://slcapex.com/forums/topic/general/610/2893 http://slcapex.com/forums/topic/general/610
SOMEBODY BETTER CLEAN THIS CRAP UP FAST BEFORE IT SPREADS ACROSS THE FLOOR AND GETS IN THE CARPET......THEN IT WILL NEVER COME OUT.

This has been your public service annoucement from pissed off Lindsay Druart. Have a nice damn day....

*drops the mic and storms off*

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 21:05:56 -0700 http://slcapex.com/forums/topic/general/610/2892 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by 7736237 Paine ]]> Wed, 26 Sep 2007 21:01:27 -0700 http://slcapex.com/forums/topic/general/610/2891 http://slcapex.com/forums/topic/general/610
The repayment plan was set to be released on Monday but, the beloved management of SL Capital Exchange told Allen not to release a statement yet. And don't call me on a TOS violation here because all of this was said in public chat, not IM.

So please, unless you were sitting in these meetings or have logs of exactly what was said there and in other communications, don't tell me what I did wrong here. I must say that I am personally disappointed in how things have been handled here on both sides but that does not mean that I will sit here and appease the great stock gods by keeping their secrets.

This is what got us here...all these secrets. All these lies. All this playing get back. When do we stop kissing ass and have balls to tell someone when they are wrong? Wrong is wrong. Right is right. Allen had no right to do what he did and Arb's retaliation over this is no better.

I used to have faith in this place. I used to have faith that things would be done right and in order. But now I see its who's wallet gets filled first and who can screw the other over to get something. Luckily, I have a conscience and its too practical to be greedy.

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 20:58:01 -0700 http://slcapex.com/forums/topic/general/610/2890 http://slcapex.com/forums/topic/general/610
Lindsay, as much as I love the heck out of you... where are you getting this?

From reading all the notices it looks as if repayment plans on CAPEX END have merely been HALTED for the time being. I have spoke with both Arbitrage and Investor Allen this evening and feel like this situation is pending further action and research before anything is done. Nobody ever said "tough luck."

There are no promises or firm plans of action right now.

So many people have threatened legal action here that basically it has put all parties involved in a very bad position. Say it for what it is... AIG has turned into an extraordinary mess. Every party is doing every single thing possible to make sure every person is taken care of here.

What I do know is that Information this morning was inappropriately leaked to Your2ndPlace.com by a CapEx staffer when in fact negotiations were supposed to take place later this evening --- whether this leak was with or without Allen's consent this did not help the current situation. Allen should have made his admission once he had a solid repayment plan in place.

All of this has been catapulted forward and turned insanely out of control because of misuse of confidential information and failure in what should have been a dry and orderly business negotiation with Investor Allen.

There have been missteps of communication on ALL ends here, but everything is currently being worked out through the appropriate methods. There is no cause for alarm here. Investor Allen is adamant and quite sincere that he will be paying back his shareholders. It's just that now we have to overcome additional obstacles before that can be done.

CapEx will do everything possible to ensure the financial security of its investors while retaining the integrity and legality we must.

in topic Federal offense of Mr.Allen? by Xavier Mohr ]]> Wed, 26 Sep 2007 20:36:07 -0700 http://slcapex.com/forums/topic/general/610/2883 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 20:15:09 -0700 http://slcapex.com/forums/topic/general/610/2877 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by ROBO Marx ]]> Wed, 26 Sep 2007 20:07:39 -0700 http://slcapex.com/forums/topic/general/610/2876 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 18:50:19 -0700 http://slcapex.com/forums/topic/general/610/2870 http://slcapex.com/forums/topic/general/610
LOL.

in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 18:45:18 -0700 http://slcapex.com/forums/topic/general/610/2869 http://slcapex.com/forums/topic/general/610
Stay tuned!

I wonder if HBO is monitoring this, or maybe they wrote the script!

Either way you now have my interest!

in topic Federal offense of Mr.Allen? by Arnaud Villota ]]> Wed, 26 Sep 2007 17:59:06 -0700 http://slcapex.com/forums/topic/general/610/2866 http://slcapex.com/forums/topic/general/610
We log on one day and it will be gone like a fard in the wind and our investments with it.



in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 17:39:37 -0700 http://slcapex.com/forums/topic/general/610/2865 http://slcapex.com/forums/topic/general/610
Hope this clarifies any confusion regarding the Sal Ackland avatar.


Today, 15:26 system announcement
by Investor Allen

Latest Information
As I am sure it is well known by now I not only control the avatar of Investor Allen, but also the Avatars of Van Ames, Sal Ackland, and Cav Chevalier. I do not want to touch on details currently of why these avatars were created but I can assure you that there was never any intent to scam anyone. Within the week I will release a multipage document releasing the details from the first day I entered Second Life until present. This document will tell all details about my success and failure within Second Life. It will also discuss all of the scams that I have personally witnessed and been victim of since my time in Second Life.

I came to Second Life to create something, and before long I fell victim to a scam which took all of the money out of the Virtual Commerce Exchange, in my attempts to recover from this I have fallen victim to other well known individuals in Second Life. Allenvest itself was created to profit and then refund original investors. The sale of the exchange was to be used to refund those whom lost funds in earlier investments.

As of today those in charge of Capex have decided to not pay us the 5.5 million L$ in cash and have taken away our 11,000,000 shares of SLCX stock.

Because of this it has put us in a situation where we no longer have enough assets to cover all deposits and investments into our company, both past and present. We are not giving up and we will find a way forward. We are working hard to find a way out of this situation and will keep you involved in the process

in topic Federal offense of Mr.Allen? by Aeneas Whitfield ]]> Wed, 26 Sep 2007 17:34:08 -0700 http://slcapex.com/forums/topic/general/610/2864 http://slcapex.com/forums/topic/general/610
I wonder how the investment/financial sectors view the current SLCX and AIG operations. Also where's the SLEC?



in topic Federal offense of Mr.Allen? by 7736237 Paine ]]> Wed, 26 Sep 2007 17:09:52 -0700 http://slcapex.com/forums/topic/general/610/2863 http://slcapex.com/forums/topic/general/610
Without those shares and owed debt it leaves us a very long distance from that point.

in topic Federal offense of Mr.Allen? by Investor Allen ]]> Wed, 26 Sep 2007 16:33:41 -0700 http://slcapex.com/forums/topic/general/610/2862 http://slcapex.com/forums/topic/general/610
I find it interesting that you provided Nobody with the notecard from Allen. Did you tell Nobody that? If so, it is interesting that he did not comment on it in his Blog. I don't know him for hiding the truth or his sources. He normally does not hold information "close to his chest" as it were. Maybe it was an oversight.

Anyway, as a skeptic, then I have to say that I find the motivations of you and SLCAPEX even more curious.

Disclaimer: I am a skeptic!


in topic Federal offense of Mr.Allen? by Arnaud Villota ]]> Wed, 26 Sep 2007 16:31:23 -0700 http://slcapex.com/forums/topic/general/610/2861 http://slcapex.com/forums/topic/general/610
:-))))

Well said, I have been trying to formulate a similar hypothesis, but my hands kept shaking! lol!

I think it is a reasonable and plausible hypothesis, which is why I have been asking for 3rd party verification of the data, however you have pointed out things with solid logic.

I really think that it is in Arb's best interest to lay all of the cards on the table, allow an unbiased third party (Marc, TraderJohn, Nobody Fugazzi, Ben Duranski, A Linden, whoever) to verify the data that Lindsay used to start this thing in the first place, and go from there. To me Arb is the one on the spot to prove beyond a shadow of a doubt that he and we have been fleeced! Not the other way around.

If Arb and/or SLCAPEX refuse to provide the data in world, you can bet that if this does go to an RL court, a subpoena will take care of any "TOS arguments", since another U.S court has ruled against TOS. So the data will have to be surrendered either way.

Thank's Savvy. Maybe this isn't what you had in mind, but thank you for the opportunity of letting me state it.


in topic Federal offense of Mr.Allen? by Arnaud Villota ]]> Wed, 26 Sep 2007 16:22:04 -0700 http://slcapex.com/forums/topic/general/610/2860 http://slcapex.com/forums/topic/general/610
If you all remember, Arbitrage posted that he in deed thought Sal Ackland and Invetor Allen were the same person. And.....

Pffft, let me be quiet before I get delisted for being negative.

P.S. Per Arb's statement he is holding all assets of Investor Allen and NOT reimbursing anyone....

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 16:11:26 -0700 http://slcapex.com/forums/topic/general/610/2857 http://slcapex.com/forums/topic/general/610
What if Allen comes to any court hearings and presents proof of intent on the part of Arbitage Wise?

In Essence, if Allen can prove that Arbitage KNEW for a fact that Allen and Sal Ackland were one and the same, and proceded with the purchase of the AVIX exchange despite such knowledge, then a reasonable person could conclude that Arbitage had put the past behind them and was willing to negotiate in good faith.

On the other hand, if Arbitage entered into negotiations knowing that he would be able to come forward some time (say two months) down the road with PROOF that Allen=Ackland and negate the promise of payment for AVIX, then is there a counter suit against Arbitage for Fraudulent contract or negotiation possible?

After all. Arbitage paid Allen 1.5million Lindens out of a 7 million Linden offer for AVIX. Or did he?? Upon freezing Allen's assets at the very least, Arbitage now has in his possession 11million SLCX shares that were in Allen's account. Even at 0.25 per share that 11 million is worth close to 3million Lindens. Meaning that Arbitage not only got the exchange for free, but essencially he fleeced Allen for 1.5million on top of that. And that doesn't even count any shares Allen owned in other companies.

In Allen's statement on Allenvestfinancial he states he is going to do what he can to reimburse his shareholders. At this point SLCAPEX appears to be keeping all of the money under wraps through their claim of legal actions, with no promises forthcoming to reimburse shareholders at all. Ratherr they state (not for the first time) that investors should seek their own legal counsel or speak to Allen.

Unless SLCAPEX steps forward to act in recievership for Allenvest and distribute those funds frozen that belonged to the account of Investor Allen and his Alts, SLCAPEX and Mr. Wise have taken a HUGE profit out of these actions, and one could be led to believe that they knew they could do this the entire time.

I know I am not the only one thinking this, so someone step up and put our minds at ease about the noble intentions of Arbitage and his staff. At this point, honestly, I don't know who has my best interests as an investor in mind...

Thanks!

in topic Federal offense of Mr.Allen? by Savvy Moyer ]]> Wed, 26 Sep 2007 16:05:25 -0700 http://slcapex.com/forums/topic/general/610/2856 http://slcapex.com/forums/topic/general/610
Enky and others, please don't drag Unoti into this, I think he is an innocent bystander who is getting shot by association! I think Lindsay has pointed this out that Unoti is doing work for her as well as others.

Also, the thought of throwing the book against Allen using US Fraud legal code or the racketeering code (which I believe would be more appropriate) HINGES on the whole concept of, "Does the Linden have real value!". There are many good arguments for and against this very topic on other forums. I think before people get too carried away with criminal action, that little issue has to be put to bed one way or the other. If the courts find that the Linden does indeed represent Legal Tender in this world we call SL, and that it has inherent value in comparison with other currencies, then go for it!!!! Otherwise, there will be a lot more spent on legal fees than we have all collectively lost in this fiasco.

In closing, what do have so far?

1) Lindsay's tracing of IP addresses, which she cannot surrender to a third party for TOS reasons. (of course this begs the question of , was the TOS violated in the first place, since a) Lindsay was no longer an Officer of SLCAPEX when she obtained the data, and b) SLCAPEX may have violated LL TOS by providing the data to a non-officer. These points may be easily argued by someone more intimately immersed in the TOS. Kind of like wiretapping laws before Bush got his way).

2) Nobody Fugazzi posting Allen’s Alts on his site, which looks pretty solid, until you scroll down to the bottom, and discover that this was not a PUBLIC statement made by Allen, but it was a note card given to Nobody Fugazzi. Now since Nobody is a respected reporter, Allen may have given him that as part of an interview and that would be acceptable. It just isn't clear that it happened like that, unless I missed something. This is very possible. Also if at least one other person got the same note card, then that could probably be viewed as "public domain" in this case.

So, while it appears that the SL jury has pretty much sent in a guilty verdict on Allen's malfeasance, right now I think a RL court would throw this all out as circumstantial evidence (assuming the Linden thing got taken care of), unless the people involved are willing to part with their data for third party independent verification. This of course would be made moot by a confession from Mr. "I own a hell of a lot Alts"!

And now like Wellington, I will go back and wait quietly in a corner. But before I do, I just want to thank Lindsay for her work. I do not mean to put down what you have done and I hope you don't take my comments on your actions as a personal assault on your integrity. That is not my intention. My only goal is to dig for the truth. I tend to challenge "solid results" no matter who comes up with them. Intlibber is a libertarian, I am a skeptic. I think you will find that you will grow to hate skeptics and love libertarians! :)





in topic Federal offense of Mr.Allen? by Arnaud Villota ]]> Wed, 26 Sep 2007 15:15:24 -0700 http://slcapex.com/forums/topic/general/610/2850 http://slcapex.com/forums/topic/general/610


in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 14:38:17 -0700 http://slcapex.com/forums/topic/general/610/2849 http://slcapex.com/forums/topic/general/610 They should have straightend it out before opening their new exchange.

in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 14:31:35 -0700 http://slcapex.com/forums/topic/general/610/2848 http://slcapex.com/forums/topic/general/610
But again, that is what I THINK. I know his is swamped with work so he probably won't respond to your post as he is working on my site as well as others at the moment.

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 14:24:48 -0700 http://slcapex.com/forums/topic/general/610/2847 http://slcapex.com/forums/topic/general/610
"The SL Capital Exchange is a FICTITIOUS STOCK MARKET SIMULATION operating SOLELY as an
Element to an online GAME. It is NOT a REAL WORLD SECURITIES ENTITY and does NOT offer
ANY opportunity for REAL WORLD PROFITS or INVESTMENT. Please be forewarned, we make NO
REPRESENTATION OF ANY KIND REGARDING THE ACCURACY, FITNESS FOR PURPOSE OR USE
OF THE SOFTWARE CONSTITUTING THE EXCHANGE WHATSOEVER. PLEASE PLAY ACCORDINGLY!

THE UNIT OF MEASURE COMMONLY CALLED LINDENS ($L) IS NOT LEGAL TENDER IN OUR VIEW.
ANY CONVERSION OF LINDENS INTO ANY OTHER UNIT OF MEASURE INCLUDING US DOLLARS
IS SOLELY THE RESPONSIBILITY OF THE INDIVIDUAL MAKING SUCH CONVERSION, AND, ANY
CONSEQUENCE THEREOF IS SOLELY THE RESPONSIBILITY OF THE INDIVIDUAL WHO DOES SO!

FURTHER, PLAY AT YOUR OWN RISK! THE "COMPANIES” WITHIN THE GAME MAY BE FICTITIOUS.
ANY "PROFITS", "EARNINGS", OR ANY OTHER CLAIM OR REPRESENTATION OF MONETARY VALUE
MADE BY ANY INDIVIDUAL WITHIN THE GAME IS SOLELY THEIR OWN LEGAL RESPONSIBILITY.

FINALLY, YOUR USE OF THE COMPUTER SOFTWARE LOADED AT HTTP://WWW.SLCAPEX.COM IN
ANY MANNER WHATSOEVER SHALL CONSTITUTE AN UNDERSTANDING AND ACCEPTANCE OF THIS
DISCLOSURE STATEMENT IN ITS ENTIRETY. THE INDIVIDUALS WHO OPERATE THE SOFTWARE
MAKE NO WARRANTY, AND OFFER NO REMEDIES WHATSOEVER FOR ITS USE OR CONSEQUENCE.
YOUR USE THEREOF IS SOLELY YOUR OWN PERSONAL AND INDIVIDUAL RESPONSIBILITY."

in topic Federal offense of Mr.Allen? by ROBO Marx ]]> Wed, 26 Sep 2007 14:18:05 -0700 http://slcapex.com/forums/topic/general/610/2846 http://slcapex.com/forums/topic/general/610 Cayman, i think you're right, could be also an organization and allen is only a piece of it.
At this point, we couldnt trust anyone involved with allen.
For example, read what allen wrote about Unoti at the time of avix ipo:

"....I would like to say special thanks to Unoti Quonset, our programmer. Unoti's strong dedication to our company and a long term business relationship between him and I is what I consider one of my AVIX's greatest assets..."

"long term business relationship between him and I"
Could you explain Mr.Unoti Quonset?

the entire message is still up at http://www.allenvestfinancial.com/home/story/AVIX/119


Enky

in topic Federal offense of Mr.Allen? by Enky Nakamura ]]> Wed, 26 Sep 2007 14:17:51 -0700 http://slcapex.com/forums/topic/general/610/2845 http://slcapex.com/forums/topic/general/610
Sincerely,

Lindsay Druart

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 14:04:15 -0700 http://slcapex.com/forums/topic/general/610/2844 http://slcapex.com/forums/topic/general/610
in topic Federal offense of Mr.Allen? by Isegrim Nikolaidis ]]> Wed, 26 Sep 2007 13:48:26 -0700 http://slcapex.com/forums/topic/general/610/2842 http://slcapex.com/forums/topic/general/610
Does anybody here think this is just one individual?

CB

in topic Federal offense of Mr.Allen? by Cayman Beaumont ]]> Wed, 26 Sep 2007 13:30:35 -0700 http://slcapex.com/forums/topic/general/610/2838 http://slcapex.com/forums/topic/general/610
I have my own RL personal attorney looking into options to pursue, not just for myself but all SL members that have been affected.

Rest assured, If Mr. Allen/Sal/whatever one of his alts names he wants to use, believes that I am going to sit back an let him walk away from this without reimbursement, then he has sorely underestimated this New Yorker. Rest assured I have the RL resources to see this thing through. I'm also confident that there will be many more joining the cause as a recourse begins to take shape.

Lindsay, I will IM you in game, perhaps we can compare notes or I can have my RL attorney contact your people if need be.

Cadence
PS- There may be a possibility that we may or may not have many options, but rest assure I will exhaust all options. This kind of blatant fraud must end. The only way that will happen is to attempt a legal precedent towards those that believe they can get away with it.

Unfortunately for you Allen, you happen to cross the wrong person.


in topic Federal offense of Mr.Allen? by Cadence Juran ]]> Wed, 26 Sep 2007 13:15:05 -0700 http://slcapex.com/forums/topic/general/610/2837 http://slcapex.com/forums/topic/general/610
But, given that the first "provable" claims of fraud came from SL CapEx, and now that Allen has admitted to a number of allegedly nefarious alts, what is the nature of these "discussions" that SL CapEx is having with him? Are they negotiating with someone they view as a criminal? Are they negotiations, or just attempts to fact-find and investigate?

Is SL CapEx negotiating with Allen on behalf of "us"? If so, what are their priorities in terms of interested parties? In the face of his recent admissions, as reported elsewhere, what are the negotiators' perceptions as to Allen's intentions? Is this admission of alts the "announcement" that Allen was supposed to make on Monday? Does he have an explanation for his actions?

I understand the need for patience, but I also need to know if there are actions I should be taking individually, or as part of another group, if SL CapEx is not looking out for my interests directly. I am not saying they should be. I suspect, first and foremost, that they are looking out for their own interests. I don't fault them for that if that is the case; that is what I would do if I were in that position. I just don't want to end up at the end of this road being left with a shorter end of a stick than I could have had if I did something on my own.

Now that I have babbled my stream of consciousness, I'll likely go back to waiting quietly. Sorry for the intrusion, but I suspect many people are feeling the same frustration I have. Some have felt it much longer than I have, since they were depositors or shareholders that were affected by this.

in topic Federal offense of Mr.Allen? by Wellington Philbin ]]> Wed, 26 Sep 2007 13:13:17 -0700 http://slcapex.com/forums/topic/general/610/2836 http://slcapex.com/forums/topic/general/610
Now that this has been posted, this gives me a whole new outlook on legal action within SL. Thanks for that find Enky. You just helped me a ton.

in topic Federal offense of Mr.Allen? by Lindsay Druart ]]> Wed, 26 Sep 2007 12:43:29 -0700 http://slcapex.com/forums/topic/general/610/2831 http://slcapex.com/forums/topic/general/610 For now i'm sure he commited fraud and false statements within Second Life with "the success fund" ipo at the wse, where as Sal Ackand he collected 1 million linden and then disappeared.
As everyone knows the FBI has been granted powers to investigate federal offenses, just to refresh allen memory:)


From the U.S. Code Online via GPO Access

[wais.access.gpo.gov]

[Laws in effect as of January 3, 2005]
[Document affected by Public Law ]
[Document affected by Public Law 7 Section )]
[CITE: 18USC1001]


TITLE 18--CRIMES AND CRIMINAL PROCEDURE

PART I--CRIMES

CHAPTER 47--FRAUD AND FALSE STATEMENTS

Sec. 1001. Statements or entries generally

(a) Except as otherwise provided in this section, whoever, in any matter within the jurisdiction of the executive, legislative, or judicial branch of the Government of the United States, knowingly and willfully--
(1) falsifies, conceals, or covers up by any trick, scheme, or device a material fact;
(2) makes any materially false, fictitious, or fraudulent statement or representation; or
(3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry;

shall be fined under this title, imprisoned not more than 5 years or, if the offense involves international or domestic terrorism (as defined in section 2331), imprisoned not more than 8 years, or both.


The entire document is at this URL:

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=browse_usc&docid=Cite:+18USC1001

in topic Federal offense of Mr.Allen? by Enky Nakamura ]]> Wed, 26 Sep 2007 11:26:13 -0700 http://slcapex.com/forums/topic/general/610/2827