Thanks to Aemilia Ballinger for pointing me at this one: The International Stock Exchange is up for auction (by Cocky Dagger):
I try very hard to do what is best for the shareholders of the ISE, which includes me. As many people have pointed out, I am spreading myself too thin with the ISE. I have come to the conclusion that the best way to continue the growth of the ISE is for me to step aside by selling the exchange to new management. About 2 weeks ago, I came to the conclusion that I could not handle all of the work that is involved with
running this exchange. In order to allow the ISE to grow and to get the best value for the existing shareholders, I am accepting offers for a buyout of the exchange. The top offer will be voted on by the existing shareholders. I will not vote my majority share. Interested parties can submit serious offers by notecard to me in-world.Deadline for submission is 8/21/2007 3PM SLT. Please provide all details of the buyout offer on the notecard. Only serious offers will be considered. I will donate 10% of my proceeds to help fund the SLEC...
So there it is. Real world concerns have Cocky Dagger at these crossroads, and while there are some concerns related to listed companies and investors because of possible reorganization upon the completion of the auction - nothing will be known until ISE finds a new owner.
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Oh great, the last time this
Oh great, the last time this happened the new owners found out the original owner left with much of the assets of the exchange. Anyone remember the VCE?
Yeah...
The drama has already begun, but I'm waiting to hear who buys ISE before I make further comment. Enough rumors flying around.