Sunday, July 13, 2008

Still around!

Hi all, apologies for not posting in a while, there just hasn't been much going on!
I have spoken to Luke Connell a few times recently and it sounds like it's all systems go for the relaunch of the market, so I'm getting excited about that.

The Metaverse Investment Fund is still going strong with 442 accounts and a share price (unit price) of $L1.137 at last check. Not bad at all.

You may have noticed the new link to the right, I have been using the VirWox site for converting $L's lately as I have found it to be a well run site. With the fluctuations in the FX markets recently, there is plenty of room for profiting.

Delicious Demar has decided to halt dividends for the first time in the companies listed-history. Big news, as she plans to increase the cash-at-bank in order to mitigate against any "changes" to policy, etc that could crop up from LL. Good idea in my mind, though there will always be a few nay-sayers that just want their dividends regardless of current market conditions.

I am working on a top secret project at the moment with a handful of developers in the Funds Management space at the moment. We are still in the proof of concept stage so I can't say for certain we will go ahead (or if my idea will work..) so stay tuned for more on that.

I wanted to know if anyone would be interested in following along with the other Second Life securities exchanges. I know I have mentioned this before and as this site was dedicated to WSE only (S&W = Second Life and WSE) maybe I can just rename the acronym and start to cover the other markets. I am not sure if there are other sites out there that are dedicated to the other markets (apart from those that are directly affiliated with said markets..) so maybe this idea could be beneficial to the readers. Let me know your thoughts..

Until next time,
Logansan Oh

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