Weekend Roundup

Well, looks like I could be writing my way into a weekend job as there just seems to be so much action around after the "real world" heads off to 'The Lodge' or the 'Beach House' for 2 days R&R.

Recap of the weekends news: Probably the most significant news since the GPB and HCL financial reports and quite possibly since Ginko financial now on WSE, came on Saturday as Nicholas Portocarrero emerged from the SL-wood-work to inform the market that his 'bank' had failed, his ideas never panned out and basically...the bonds were 'dead'. This was followed by an almost immediate trade halt of (GPB). Logansan Oh has informed me that he will provide full coverage of this as more news comes to hand.

Elsewhere for 8 minutes, SLRisk's (RIS) CEO Investor Whitfield, gave a rebuttal to analyst Jon Desmoulins report. The Dear Jon (clever) rebuked the shortcomings of the analysts report and answered many of the items brought up in the report. Shares in (RIS) suffered some day-trader blight with some very small volumes giving an amazing spread run, but finished slightly down at $L0.41.

Some exciting news from the Four Deuces Entertainment camp as they released a teaser to potential investors of the new and up and coming plans.

SL Wizard continued it's expansion plans and prosperity announcing the recent success, an up and coming secondary offer and details of the current and future plans. All systems go for SL's Turkish contingent!! The secondary is under way trading at the original IPO price of $L1.00.

Spontaneous Rich Investments continued it's obligations with current holdings presented and the announcement that the (SRI) secondary will be completed on the 31st of October at midnight. This note also contained a rebuttal to another of analyst Jon Desmoulins reports. The CEO of (SRI) Spontaneous Rich, not exactly answering the concerns raised, rather pointing to the analysts own companies short-comings. (SRI) is still in secondary at $L0.25.

I'll be back in a few hours to give you an update on the days trading as the week begins.
mwah,
SW