I wonder...
how come whenever I post something about ACE, most of the times I get comments from anonymous people. It happens both here and on SLReports.
One may not want to register, but he can post a name at the bottom of his comment, as I was doing before registering here.
That said, the problem is not with traffic, which we don't care about. The problem is with generating confusion in the investors/misleading them.
About me commenting frequently on the ACE, well. My comments are always self explanatory, I think.
When it comes to SLCAPEX, it must be noted that we've always had a positive stance towards both the SLCAPEX and the ISE, since we believe that we have a lot to share with them when it comes to business ethics and fair competition.
It must also be noted that I do follow the SLCAPEX forums and I post there once every while (time is the issue, otherwise I would be a regular there).
Last but not least, when SLReports had the last Board of Directors election, my name was put forward (I wasn't unaware of that) and now I proudly sit in the SLReports BOD. Over at SLReports there are a lot of people very close to SLCAPEX (I'm not saying this in a negative way).
I talk frequently with people from SLCAPEX, or close. It's a good and enjoyable relationship. We share common grounds and we do agree on several principles.
About us copying them, there's not such a thing. Waive, reductions in relisting fees? Well, in a competitive market, when one lowers the prices, usually other follow. And we've been disclosing top 5 shareholders no matter the percentage of their holdings into a company for a long time now. SLCAPEX was not showing top shareholders with less than 5% of the company.
Now they removed that limitation, while extending the disclosure to the top 10 shareholders. Did they copy us on the 5% part? They sure didn't. Those are strategic decisions that an exchange may or may not take. We wanted to extend to the top 10 shareholders quite some time ago, but that's a sensitive area for many "top" shareholders.
If a big exchange like SLCAPEX does it, we can follow and avoid/limit negative comments from claims of "privacy violation".
Not to mention that I publicly stated many times that we'll happily adopt any rule that could make markets more fair and transparent, as we invite others to "copy" our rules if they think they are good.
About our use of the SLCAPEX name in our public communication, it was pretty obvious that we were giving them proper credit. The SLCAPEX name was not used in a misleading or deceptive way.
Last but not least, I was talking with Bogart Beck just about an hour before reading the comment I'm replying to and it was a very pleasant and interesting chat. More to come...
Samantha Goldflake - Director
VSTEX Communication and Public Relations
http://www.vstex.net

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