CO.MI.NG - now 03.08.08

It's almost here! After a long (long..long) wait, the World Stock Exchange looks set to return in a little over a week.

A quick look over both the WSELive site and the WICExchange, shows the new launch date.

I tried to get into Hope Capital island in-world, but it seems it has either changed names, or been removed from search.

Hopefully I can get hold of Luke Connell before the launch date for more info.

Yours,
Logansan Oh

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

Metaverse Investment Fund

When I first spoke to Shaun Altman about the Metaverse Investment Fund, the total user accounts at that point was something like 200. Shares in the fund were a little over $L1.03 and the first month of investor returns (since February 1, 2008) was somewhere in the vacinity of 10%.
Fast-forward a little under 2 months and the picture is a now slightly different;

• 364 users (and counting)
• 14.8% Investor Returns
• $L137,273.87 in total dividends
• Current share price of $L1.07421

Those numbers aren't too shody. I still haven't managed to wrangle any further details out of Shaun about his "swinging doors", but he is obviously doing something right!

Although my original investment was "modest" by Shaun's standards, the return so far, including fees on the fund as at 18th April, is 7.2% since February 26th (50 days). Not exactly "Second Life Gambling Parlour" returns, but certainly better than most RL funds lately!!

Still waiting to hear from any other MIF investors on their thoughts on the fund. My 2 cents; Congratulations to Shaun on his efforts. Keep up the good work!

Movement at the station...

Check it: Looks like it's almost here!

Sorry I haven't posted for over 2 weeks, I have changed RL jobs (yes, again) and it's not working out (yes, again!)

I promise (yes, I said it) to catch up on all the details over the coming week.

In a nutshell;

• Metaverse Investment Fund is doing well
• Delicious Demar initial buyback and future plans have been announced and so far, so good
• Some interesting developments in the Stock 'Reporting' space, more to come...
  
• and lastly...WSE 4.0 is almost here

So, stay tuned!!
Sincerely,
Logansan Oh

Pain and suffering..

I can't take it anymore!

No, it isn't that bad; Delicious Demar Enterprises has been delisted.
Talk about your Bear Sterns!

There are many questions raised that are being crunched over but I will pose one myself;
How many securities does it take to call yourself an exchange?
- Look at the others!

WSE will be back, we all know that (just feeling a little tight round the nether regions on account of the sky falling in lately, but this will pass) Who will join them?

Logansan Oh

Hawk-eye fails...

I missed this one!

More on this later (I need to chat to a few people!!)

In the meantime, Nobody and the crew over at Y2P are covering this.

Yours,
Logansan Oh
- CEO, Chairman

I have 3 words for you...

Well, number 1 is a picture:

Number 2 is a quote: (highlights in red)

WSE MONTHLY REVIEW BEGINS

Submitted by: World Stock Exchange (WSE)
Date: March 14, 2008
The World Stock Exchange has now started reviewing all virtual companies listed on the WSE to ensure they are adhering to the WSE Listing Rules, Constitution and Terms of Service.

This process is expected to take "5" business days.


and number 3 is: Countdown!!


Woot,
Logansan Oh
- CEO, Chairman