Reply to comment

So many info all around, it's hard to keep track of everything and in the right order. Anyway, since Monkey Canning was mentioned... Here's his proposal for AVC. It must be noted, since the beginning he's been hiding his relationship with Frank Corsi. We would have denied the takeover, knowing that.

Monkey Canning's proposal for the take over of AVC

Background

I’ve been in game since the first of April 2007, in all my time here I have strived to form a solid, well respected company that gives back to the community, that company is Monkey Corp.

Monkey Corp assists and supports over 50 residents with free mall locations, free offices and advertising. I currently spend at least 8 hours a day in world,

About Monkey Corp

Monkey Corp is a private limited SL company

It has 3 Sims under its control all of which are rented from private residents

2 Sims have been developed and have residents paying weekly to stay on money corp. Sims, monkey corp. Sims are a touch above the rest offering prim bonuses, relaxed covenants and full support to all residents. These Sims are at over 95% occupancy.

The Sims currently bring in a monthly revenue of L$415,000, with expenses of L$240,000

The 3rd sim is a developed island with a wealth of amenities; it is available to all residents for private use for functions/parties and is also open to the public when not in use by residents.

Proposal for AVC

For the record I would like to state that AVC has No net tangible assets to my knowledge, at least none that can be acquired. All it has currently is 30 million shares floating in oblivion.

Therefore I will start AVC from scratch, and regrettably accept no responsibility for any of its liabilities, including but not limited to "the bank"

I plan to take over as CEO and appoint Mike31 as Cheif Financial Officer.

I will give 1 million of my personal shares in Springboard Publications to AVC.

I will sell Monkey Corp to AVC for the outstanding shares owned by Jasper, Teana and Dorothy and any connected accounts, at this point I have no Idea how many that is exactly.

5 million will be held by AVC of which 1 million will be sold to raise capital, 1 million I will keep for day trading to boost AVC's profits. The majority of the remaining shares will go to myself and some to the new management team.

Therefore AVC will consist of
1million Springboard shares
Monkey Corporation

This will form a solid base for the company, meaning increasing dividends and a strengthening share price.

75% of profits will be paid as dividends, 25% will be retained for new projects and ventures. No salaries will be paid to anyone, including myself, I will only make money from dividends, like the rest of you, and so it’s in my interest to make the company perform.

AVC will continue as a Venture capital company and will assist residents realise their SL potential. This will be done in a way such that AVC will hold masses of shares in a diverse mix of companies, receiving dividends from theses companies, and also revenue from day trading in the shares. Should the price in these companies be right, we will aim to raise 1 million in cash per company we set up, this will be paid as a dividend to the share holders

In time, we hope to start 1 new venture per month.

It will become a benchmark on which all other companies will be judged, it will reach out and spread across the grid, it will become one of the largest and most stable companies in SL or monkeys don’t eat bananas!

If the opporutnity presents itself AVC would buy out CGI thus saving it from certain doom.

WHY am I doing this?

So many of us have invested heavily into this business by way of buying shares, yes the company is in tatters, yes the shares have a nominal value, but with hard work and determination, I know that I can build these companies back up and strengthen our investments.

The economy has had one disaster after another, investor confidence is at an all time low, and we are on the verge of a complete crash, if this company falls the effect would be devastating! But, if we can save it... who knows what the future holds.

In a virtual world where no one seems to give a damn, with a scammer around every corner and behind every phantom tree... Someone has to step up to the plate and make a difference; I believe that someone is me.

The end... or is it the beginning?

Monkey Canning
CEO Monkey Corp - because it’s YOUR Second Life

---

About Frank Corsi and PatrickJ Ah, we have this piece of info. No comment from us, it's passed along verbatim. Source: Tobia Forcella, VSTEX Company CEO:

SLEC Meeting 9/24/07 6:37 pm sl time
Intlibber Brautigan, Patrickj Ah, Bogart Beck, Kaddan Yue, Cliff Eclipse, Lindsay Druart, Arbitrage Wise, Cocky Dagger, Xavier Mohr, SkyRanger Hammerer, Travis Ristow, Tobia Forcella

Patrickj Ah: I will call this meeting to order
Patrickj Ah: TJ and Fiona are on vacation and not able to join us tonight
Patrickj Ah: We have a quorum, however, we will limit the action items to a few areas... mainly membership

Patrickj Ah: With this whole Jasper fiasco, ppl are a little ticked and confidence is dropping off. We need now more than ever offer our services to regain some of that confidence and I got the short end of the stick myself but that only make me want to press forward with the SLEC and hope to God that there is another agency that wants to take on bank regulation. I also lost a chunk in the bank too

---

BNT and CGI. Due to the nature of the issue, we believe we should disclose this piece of information, a business conversation between Intlibber Brautigan and Tobia Forcella (VSTEX Company CEO).

Record date: approx September 27, 2007

[19:10] IntLibber Brautigan: heya tobia
[19:10] Tobia Forcella: hi Mr IntLibber
[19:11] IntLibber Brautigan: As you likely know, we put in a bid to merge CGI into BNT
[19:11] IntLibber Brautigan: however Capex, in an attempt to sabotage us, delisted us from capex
[19:11] IntLibber Brautigan: due to our plans to open an exchange of our own in several weeks
[19:12] IntLibber Brautigan: We would like to temporarily list on vstex, to merge CGI into us, and to provide trading to our stockholders, until our exchange opens

---

CGI merger. This is from a group notice (CGI shareholders)

Date: September 29, 2007
Group Notice From: Marc Attenborough

The Results are in. I have audited the results of the recent vote regarding the merger of CGI and BNT. I have tallied the results that I have revieved and at this point over 80% of the outstanding shares - excluding Jasper & Payday have voted in favor of the merger.

Please note that I hold no shares of either company and was brought in as an objective 3rd party.

---

The details we still have of those past times are far from being complete and are very fragmented across different types of locations and media. We were in our early days and we were missing archival and storing policies as the ones we have now. Also we could not be aware of the monster hiding in the dark, so to speak.

Samantha Goldflake - Director

VSTEX Communication and Public Relations
http://www.vstex.net