Your2ndPlace

In regards to the companies being asked about this closure, I would not doubt that they are part of the reasons for it to begin with. I've been keeping an eye on WSE and it seems that companies left and right are being taken off for simply taking investors money and running, then swept under the rug in a ridiculous stock aptly titled WTF. The companies that did post dividends have largely had pathetic returns. Most IPOs have a 1L/share rate, and considering most companies only gave out .02L/share at best each month, we're looking at several years just to make that initial IPO share pay off. You'd have to be an idiot to trust something like that in a world where a Linden blog post can make or break industries overnight--and I criticize myself as someone who got caught up in the excitement of stocks when they first appeared versus the logic.

We really need to see people like Nicholas and Luke arrested for stealing money via their fraud. People invested their real money into SL, converting it to a "fictional" currency, in which these individuals among others have reconverted into real money, so I'm hard pressed at seeing this as "imaginary" currency--we all know it's not. I think I know why LL didn't do anything till now, though. Look at all the publicity the banks and stock exchanges generated for Second Life, giving them millions of interested people who registered and will likely never come back (the 'everybody can make $$$$' image only lasts so long after all). Now that the popular press is starting to wane, now's as good a time as any to finally address the folly.