**SPECIAL REPORT**

...MERGER COMPLETE!?

Big news today as quiet merger talks between Cenji Neutra of Apez Corp. and Jon Desmoulins of SL Marketing exploded with announcements from both parties that the merger is complete!
First off Jon Desmoulins announced the merger to the market stating that the always "close partnership" was just taking the next steps with an integration to move forward together. "This, in turn will create a new revenue stream for both companies"
Cenji Neutra followed with similar information stating Desmoulins will be "building our promotion services from this point forward"
The merger consisted of SLM transferring 4,728,675 or 51% stake to APZ and similarly APZ transferring 403,500 equally valued company owned shares to SLM.

News of the merger pushed stocks in both companies higher with APZ leading the charge, surging 46% to stand at $L3.07 and SLM up 35% to close out at $L0.58.

Apez Corp.'s stock price has suffered since the IPO falling well below 50% of value. Some analysts including this one, felt $L6.00 was over-priced and left too much room in a volatile market for manipulation. A return to strength and a visible or well-marketed appearance will do the brand justice and could see a return to it's optimistic IPO and beyond.

SL Marketing's close ties to several of Second Life's commodity based enterprises leaves it vulnerable to losses when the market turns. It's a double edged sword as resident numbers return after summer and the general economic factors improving, SLM is positioned perfectly to leverage this upturn.


Splinkrot Writer will release her daily report later today. Please don't forget to check it out.

Logansan Oh
- CEO, Chairman - S&W Assets and Funds Management