Nov 10th 2008, 21:57 system announcement
by Bogart Beck

MECH shares converted to PHX effective 11/10/2008 - 9:30PM SLT

MECH shares converted to PHX effective 11/10/2008 - 9:30PM SLT

Pursuant to a request from the Board of Directors of MECH, the NAME and Ticker Symbol have been CHANGED to PHOENIX DISTRIBUTION
(SL Capex: PHX) effective 11/10/2008. PHX will resume TRADING at Market OPEN on 11/11/2008 or shortly thereafter.

A copy of the REVISED Phoenix Distribution Prospectus has been reprinted below and may also be found at http://www.slcapex.com/symbol/PHX/profile

Please contact the principals of PHX for any further questions you may have.

Bogart Beck
SL CapEx CEO

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


PHX: Phoenix Distribution
From the Legend a Phoenix is Born

Total shares: 20,000,000

Prospectus

Company Tagline
From the Legend a Phoenix is Born


CEO's Real Life Name
Mateo Infinity (RL Name on file w/ SL CapEx)


CEO's Real Life Location
Cleveland, OH USA


Board of Directors
Mateo Infinity – CEO
Lobo Rodriquez – COO
Arnaud Villota – CFO
Ashleigh Wade – External Director
Gumby Roffo – President, RIOT Mech Div.
Konner McDonnell – Dir. Public Relations
Sando Haller – Dir. Shareholder Relations
SynCere Talon – Dir. Marketing


Cash on hand
35721


Tangible Assets
148982.00

A Greeting from the CEO
Phoenix Distribution was born out of the refusal of some to simply see some good ideas die, and never see the light of day. That energy being built behind the scenes, is what has prepared this management team for the long haul. I believe we have a resourceful and committed team moving forward. Our business will be multi-faceted, and divided into several operating divisions, in an effort to pose PHX to be in a position to weather SL’s inherent ever-changing environment. I encourage you to review each section of this prospectus to learn about what we are doing, and our plans for the future. While there is no perfect scenario, and the fact we are launching this company without an additional offering to generate capital, I believe however, you will agree we have a realistic plan moving forward.

Come, See, Discover – Phoenix Distribution

www.phoenixdist.biz

Mateo Infinity, CEO

Business Overview
Although we are starting our new company basically from scratch, with fewer funds than most new companies who really start fresh, all of us on the board have agreed to be as fiscally responsible as possible so that we can begin generating revenues for the shareholders. No salaries will be paid to any of the board members, all compensation will be done via stock grants and a pool of restricted shares which, when we begin paying dividends, the board will be compensated fairly out of the restricted share pool.

We are also going to adopt a new model for handling all of the financial affairs of PHX. There will be one main financial alt for PHX, which will hold all Treasury and Restricted Shares of stock, and will also have limited revenues from the sales of MECH Items at the Panther Valley outlet store (which is temporary). The alt, Treasurer Zanzibar (controlled by current CFO Arnaud Villota), will distribute funds for expenses to other board members after an approval process for the expense. When dividends are paid, Treasurer Zanzibar will transfer funds to the CEO to be deposited in the appropriate account for distribution of dividends. For safety sake, the majority of funds will be held in the SLCAPEX account for Treasurer Zanzibar. That allows not only a safety factor if for some reason something happens to the alt, but it also gives SLCapex access to the financial account and can deal with any suspicious activity if it arises.

The business model for PHX allows for the creation of divisions for each major line of products. Each division will also have a financial alt assigned to it for the collection of sales from the vendors. The first division is the RIOT Mech division headed up by Gumby Roffo. The financial alt for the RIOT Mech division will be Mercado Burner, controlled by Syncere Talon. All MECH items for sale will be paid to Mercado Burner. On a weekly basis, Mercado will pass 50% of revenues to Treasurer Zanzibar who will then deposit the money into the SLCapex account. This will be true for all financial alts as we add divisions.

We want to maintain 100% transparency as much as possible in SL. With that in mind, we will be creating a financial reporting area of our website where all financial alts for PHX will post there transactions log and account log on a weekly basis (we will not include avatar names to protect their privacy). We also invite any shareholder who doesn’t think that something is right about the transactions, to request an Audit via the forums or the Shareholder Liaison, Sando Haller. You may request an audit on any financial alt or all of them at any time.

This is how the audit will work: Once requested, all board members will be notified. One board member will be selected as auditor, randomly, (Arnaud and Syncere cannot be selected). Once the auditing board member is selected, the financial alt will surrender their password to the auditor so that the auditor can log into the account via secondlife.com, and pull the records. Once that is done, then the financial alt will immediately change their password. The auditor can then compare the pulled records with what has been posted on the forums and investigate any inconsistencies.

I hope that these efforts will help you in deciding whether PHX will be a company to invest in or if you are already a shareholder, a company to stick with as we attempt to build successful product lines and start generating dividends for all of us.

Thank you.

Arnaud Villota - CFO


Business Strategy
At present time PHX is concentrating it’s resources on the production, marketing, and sales of our RIOT Mech units. We feel this will give the company a necessary foundation for future growth.

We endeavor to create a product line that represents the company’s strengths and will put us at and keep us at the forefront of SL’s ever changing technology.

Phoenix Distribution will encompass several operating divisions. In each division we will both develop our own products, as well as look for opportunities to be the distribution partner for other content creators. The goal is to not place all our eggs in one basket so-to-speak, to poise the company into a position survive in the event a particular division ceases to be appealing to the SL consumer base. We realize this must also be a delicate balance, as to not stretch our operations too thin in any direction.


Business Strengths
Our Shareholders – Phoenix Distribution values its shareholders and considers them as one of our major strengths. They are the driving backbone of the company.

Our Officers – The company officers are an integral part of our success. They bring stability, experience and dedication to PHX. They truly work as a team.

Our Quality – PHX recognizes that quality is a necessary component to our success. While others may cut corners or rush to market, PHX will always remember that our reputation is dependent upon our commitment to quality.

Our Determination – Our shareholders. Officers and investors have shown faith and determination and as a result they have inspired the creation of Phoenix Distribution. This determination fuels the flames and has launched PHX into a new era.

Our IP – PHX strives to create and protect its uniqeness, not just in our product lines but also the company as a whole.

Phoenix Distribution is establishing a partnership with Northern Wolf Press (NWP) a Limited Liability Company (LLC) to protect our Intellectual Property (IP). The combination of initial IP, strong product lines and excellent customer service will launch PHX into strong brand recognition and build up the company not just in terms of revenue but also in Goodwill and Brand Equity.

Our Customer Service – PHX commitment to customer service is not just something we do, but is a part of who we are. It will be an important factor in building our brand name and equity. We believe customers should not have to demand good service as such we want our customers to expect and associate PHX with quality customer service.


Use of Capital
Advertising, production costs, costs associated with generating dividends will be funded by sales revenue. We do not feel initially it would be in the company’s or shareholders best interest to invest in land. As the company grows such investments may be an option provided growth and expectations warrant it. Initial distribution methods are being contributed by the staff of the company.


Risk Factors
Products in demand today, may not be a few days from now. Our products could become unpopular and lose their value. We are specifically setting up the company to be able to adapt to the ever changing SL consumer trends, however their is no perfect plan.

Other factors could also be due to changes Linden Lab implements in-world that could directly effect the business.


Management
Policies and procedures will be implemented, each company officer has an integral role and as such will be held accountable to the company and it’s shareholders.

The board will meet on a regular basis, no less than once a month, with updates and announcements posted for the shareholders to view.

Shareholder meetings will be held no less than once in each quarter. This will be a time for new shareholders to become involved and long-term shareholders to interact.

Meetings will be scheduled and announced so please be prepared. If you cannot attend a meeting but still have questions or concerns, please submit a notecard to Sando.

Synopsis/ overview will be posted in the forums, and on our website. Transcript will be available upon formal request.

Please be aware that shareholder meetings will be chat logged and a modicum of decorum is expected.

Additional current biographical data about the company’s Senior Staff will also be available on our website.