Mystik Boucher's blog

As of earlier this afternoon I have declared that SLC is officially in bankrupt status.

Bob Perry has abandoned his shareholders and further refuses to repay his debts to any
shareholder, either original SLZ investors, BOB, or any SLC shareholders.

As many of you have read here, Bob Perry openly admitted there were no promises of assets in this merger. Assets retained by MDS prior to the merger would be held by myself and liquidated as I saw fit. In that same thread I expressed my position on how those assets would be distributed, nothing has changed.

On the 15th of October, Samantha Goldigar asked "Do you think that SLC could split again into the original companies?". I then openly admitted that if a split was to occur, MDS would be bankrupt- In all honesty, there is no foreseeable future for any of the 3 companies.

In good faith I believe that I tried with Perry. I now believe Perry's intentions were dishonorable from the very beginning. It makes sense. Perry had IPO'd SLZ- where he had expressed the funds would be used for the development of SLZero. Not only would the merger have allowed SLZero to be developed free and at a loss of only sales percentages, but it also gave him a loan which he no longer had to repay. The only thing he ever mentioned to develop post-merger was SLZero- but he would never give any details other than mentioning obvious stuff, like placements of a login box- etc.

As of today, MDS now longer holds any Land Assets. They have all been successfully sold and merely awaiting payments to clear on the final sim. I do not have any other asset available to be disbursed to investors- with the exception of finding buyers for various aspects of our developments. The good news, Vstex has setup Risk Funds as stated on their website to help in situations such as this one. You can view more details here. { Read more }

Bob's post on Vstex (had anyone researched this) was a blatant lie. I was last logged on Monday the 17th -- yet he claims I wasn't online 9 days prior to his post. Tuesday I had something regarding my children come up and I hold them to a much higher regard to anything in real life, much less second life. Besides that, my cable has been acting retarded for several weeks now, which has been FIXED and I will gladly photocopy the bill showing the credit for my outages as soon as it arrives. I can't post my hissyfits on Vstex like Mr. Bob, only CEO's can do that.

Now on to much needed information I suppose.

As per our agreement, MDS had never agreed to transfer ANY Islands to Bob Perry.
MDS had never agreed to transfer ANY money to Bob Perry -- Here's why:

MDS went into this merger with 3 sims and some 66,000L. This was never a REAL discussion of who had what other than me showing him MDS islands and getting him up to speed on their income situation, which is: Geluk Isle profits 14k/L avg. per month depending on L$ rates. Paix Isle profits 38k/L avg. per month depending on L$ rates. Ecko Isle (which was to be a venture of our own) is presently at a 70k/L per month _LOSS_ because there is only 1 lot being rented and others I am trying to rent as the products and packaging are a REAL thorn. It's much cheaper to rent the lots, and stop renting once the entire setup is complete vs. completely emptying out funds while it's all being developed. I will sale these islands WAY before I ever transfer them and the proceeds would ALL go to original MDS holders prior to this merger, not anyone inside SLC. { Read more }

If WSE had any ethics and wasn't so tied up in bed with people such as Nicholas over at Ginko Fraudancial, they would've pulled Nicholas to the side and said "No thanks!" to his latest stunt using the perpetual bonds. This brings a lot of serious questions like Nobody Fugazi wrote about earlier this evening.

One of most obvious is Nicholas' ability to get WSE to pucker up, because in essence he is Hope Capital, Ltd. when it comes to stocks. Someone like Nicholas dumping HCL stock would just kill poor Luke's buy backs of shares in HCL. So you have to imagine why an exchange would allow such a sloppy 'behind closed doors' move. Unless you're just smart enough to consider that it's a move that will allow WSE to gain financially, even if GPB sinks like a brick tied to a rock. That meager percentage for all those poor folks dumping shares will bring a smile to someones face, even if not your own. And remember as I wrote above, Nicholas is HCL stock, which reaps the rewards of it's own fraudulant activity. Easy out? Just send a simple announcement and say you're bankrupt. Worked for SLB.

Speaking of Luke's buy backs, I was told by Luke personally I needed issue press releases about my MDS share buy backs. Guess the rule only applies to select companies, or only companies that are 'fictional' companies, owned by another fictional company that is registered as a real company.

What are the banking clients to gain from this mess? Nothing as far as I can see. The liability has moved from theft of Lindens, which is a bannable offense, to a fictional exchange, which keeps Nicholas in the game, so he can continue to 'game' the game using a game, inside a .. well, game. { Read more }

After much deliberation among exchanges and shareholders, we've decided to make our move to the International Stock Exchange. Our move adds another 50,000L into their fraud protection fund. As no other exchange has such an offering, we've decided to do what's best for the investor.

Additionally, MDS was one of the first companies to join SLEC. As we parted the SLEC they began new standards and we have since rejoined them. I have provided them with the appropriate materials to be in compliance and will continue to do so as they add more standards. MDS is 1 of 12 companies out of a total of 114 companies listed on the SLEC website that has provided Real Life information.

I received early warning from a resident of mine about a group that call themselves 'PN' are planning a Grid-Wide attack.

The following quote comes from Njaba Tuppakaka, "PN is preparing a gide wide attack. The device they have will be placed in any sim they can build in. It will rez duplicates slowly. 15 seconds before it does it's real attack, various PN targets will get mass spammed IM, then finally the devices will start rezzing pools closed stenciles (I'm assuming bouncing physics prims)."

Help protect the Grid, your assets and ultimately your new builds by disabling object creation, object entry and scripts on any parcel of land you own. Additionally, if your land is group owned and has open enrollment, you should disable enrollments for the time being.

I personally don't think groups that own land should permit open or paid enrollments do this issue, but hey, I'm just one person.

Good luck everyone.

Note: I've edited Njaba's quote for typos. Sorry.

This posted here because only half of our shareholders are in the MDS Investors group. I'm just hoping some shareholders who aren't in that group read this blog.

Official MDS statement:

Due to not being able to access the WSE site because my account there, which ultimately is only used for Mystik Designs and not personal trading, has been frozen.

Our planned Dividend of 0.1862 (465500L), will now be re-invested. Although we have delisted from WSE, we do not have a valid shareholder list and LukeConnell has refused to give us this list.

Additionally, MDS assets worth approximately 400,000L is frozen at WSE as well. These are not my assets, these are all shareholder assets.

Update: I have received the shareholder list.

I've been pointed out to a Reply by Wayne Porter to a post of an Interview I had with him. He says "I tend to look for solutions rather than point fingers".

I've had fingers pointed at me, I'm having fingers pointed at me, and I have committed no theft, I have passed any and all knowledge I have about the WSE scandal in a proactive manner to the appropriate powers that be. Essentially, with the exception of posting everything below, I have done all I can do from here on out by myself. The rest is going to us all to step up and make changes. Actions can beat words down with a stick, while being blind-folded.

Am I now just pointing fingers myself, and stirring the drama I dislike? Yes, I am. I am angry and I have good reason to be.

A friend told me this is a pivotal time, an important time and what we do, whether it is perceived as a game or reality, is shaping the world. I could grind axes until there is nothing but a tiny piece of metal left, I could keep up this warfare and allow it to serve no purpose other than an outlet for my anger.

What can I do here? What solutions or remedies can I offer? How can I make SecondLife better than I found it? What would I want my children to look back and see?

From here, the warfare will cease. This will be my time to cool off and offer up solutions to those willing to listen, instead of pointing fingers. We can share Ideas instead of pointless bickering. { Read more }

• Exchanges needs clear outlines on how everything will be handled. From running CEOs to Exchange malfunctions to Freezing accounts.
• Investors, this is still a game, although the heartache and the good times feel real, and they are real. For some, this is how they move and interact socially.