Your2ndPlace

While I was away, the SLCapEx site was down - I instant messaged Bogart Beck on it prior to the site coming back up (It is back up). I'd heard of an attempt to crack the site - less technical readers would inaccurately write 'hack' - and Bogart didn't say anything about that. What he did say was that they were plugging some holes to avoid future problems.

The World Stock Exchange (WSE) is still down after the perpetual month of upgrades that has lasted 3 months and 5 days so far. All of LukeConnell Vandeverre's live announcements have not breathed enough hot air into the site to get it up and running again.

Ancapex.net? No clue. Ancapex.com is still up and running, but as we all should know by now - that site has a new owner.

International Stock Exchange seems up and running.

The suspected links between World Stock Exchange owner LukeConnell Vandeverre and Linden Lab­® may well be true, given that rumors indicate that Linden Lab is expected to go public on WSE at this point.

Apparently, talks with the Ancapex stock exchange failed because of technical issues as well as questions as to who truly owns what there. SLCapEx was also passed over, apparently due to issues with SLWallet buyback where some Linden Lab employees are suspected of having large holdings. VSTEX was considered too community oriented for Linden Lab. ISE apparently wasn't even looked at.

When asked to comment, Linden Lab suggested looking at Prokofy Neva's blog for details of the IPO since she would be 'the first to know'.

LukeConnell Vandeverre is probably quite busy right now trying to figure out how to delist the new IPO quickly so he can go swimming in his WICs on Facebook as well as integrating Mitch Kapor's Lotus 1-2-3 Technology into WSE to better serve Linden Lab. Philip Rosedale was unavailable for comment.

Tonight I was chatting with Fugazi about my SL unemployment and prospects for the future. A company or business? Potentially an IPO? I have a great voice and have been paid IRL for voice work in the past, maybe that's an angle? Actually, I might try the latter. Since I'm almost seven feet tall (204CM)and shrugged off my opportunity in basketball for lazy days reading Salinger & Tolkien, maybe I should reap some benefit of my gigantic frame (and vocal cords). Of course, I'm taking offers. But while we were discussing these prospects, something became extremely clear to me: In my 5ish months in Second Life, I've learned some great ways to not make any money in Second Life. I'll share these in Lettermanesque Top-10 style.

10. Slingo: This is a wonderful game...if you're the owner of a gaming parlor. DONATE to the piggy, we'll take a huge cut, and you'll have a chance to win a prize. Since most gaming parlors have a policy requiring that you return a portion of the winnings (usually 20-30%), you'll typically walk away with 50L$. Of course, the establishment takes a cut of the winnings you "re-donate." Decorum requires that you tip the host/hostess 10-20% as well. Like I've always said when it comes to gambling - if you walk away dead even, you win.

9.Slingo Host: Remember when I said decorum required a tip? Yeah, people don't tip. And you'll usually make anywhere from 50-100L$ per hour, but most hosts end up using these funds trying to spice up the pot. Redundant gestures/poses will find you further in the red as you scrape up money to find a shrink.

8. Restaurant owner: Amusingly enough, I've seen this tried over and over again. Problem is...you guessed it: You don't eat in Second Life! Cafes can be pretty cool if you can get acts, but if that's your angle, try a nightclub.

VSTEX updated its rules yesterday, which I missed due to an incident involving a stick and one of my eyeballs:

We just amended the English version of our listing rules.

• Rule #2 has been expanded and now reads as follows:

  Every company must name in the listing module at least 2 directors. CEO and directors must be SL accounts registered and controlled by unique individuals.
  

  The board of directors has the responsibility to manage the business of a corporation for the benefit of its shareholder owners.

  The directors of Vstex listed corporations stand in a fiduciary relationship not only to the stockholders but also to the corporations upon whose boards they serve.

  The director’s fiduciary duty to both the corporation and its shareholders is characterized as a triad: due care, good faith, and loyalty. That triparte fiduciary duty does not operate intermittently but is the constant compass by which all director actions for the corporation and interactions with its shareholders must be guided.

  Although the fiduciary duty of a Vstex listed company director is unremitting, the exact course of conduct that must be charted to properly discharge that responsibility will change in the specific context of the action the director is taking with regard to either the corporation or its shareholders.

  The VSTEX has endeavored to provide the directors with clear signal beacons and brightly lined-channel markers as they navigate with due care, good faith, and loyalty on behalf of a Vstex listed corporation and its shareholders.

I've been privy to knowing who the owner of ANCAPEX.COM is since an hour or two after I first posted 'Now Who Did ANCAPEX Irk?'. Since no laws were being broken and no one with any legal authority asked me, I was not compelled to release the story of who it is.

The Real Owner of ANCAPEX.Com just stood up - and is putting the domain on auction, right here... right now. Read the rest

Presently, if you go to ANCAPEX.com, it takes you to VSTEX.net.

Of course, VSTEX could not have done this deed. They've issued a release that they are not responsible, but anyone who is into web programming knows that this sort of redirect comes from an Apache Server or .htaccess directive: In English, it's happening on the ANCAPEX.com site. Someone's irked.

Maybe it is simply payback for Ancapex advertising practices inworld.

Whatever it is, I must admit that I do need a new keyboard. There's coffee everywhere, and only after cleaning my monitor and shaking out the keyboard could I write this.

This has to be an inside job, or one heck of a cracker. I probably shouldn't be amused, but there is a certain poetic justice to this that I find... appealing?

Either way, it seems that stock exchanges just got a little more serious and amusing at the same time.

I imagine Intlibber Brautigan is less than happy. Unless he's the one who did it... after all, it's his Second Life name on the WHOIS information for the ANCAPEX.com site.

And no, I didn't do it. If I did, it would redirect to a porn site. And if it redirects to a porn site after this, it wasn't me. My IP address is quite easy to track should I do something naughty...

Three days late, Monkey Canning appeared this morning and made the following announcement to the AVC group:

AVC a new dawn...

Dear Investors,

There comes a time, when negotiations and democracy fails, to take decisive action, that time is now.

It is my view that the VSTEX have continually failed to serve the investors of AVC's best interests.

Their investigation was to say the least a farce, and so they pushed for an AVC committee to take the burden.

These investigations have served no constructive purpose, and have infact merely pointed fingers and attempted to tarnish the reputations of good men who have sought to do the best by investors, men such as Skip, who's take over of AVC would have been a boon for investors, and Tyrian who took over WJUV to save it from failure.

It is painfully clear that Vstex had their own agenda all along, I make this statement as a conversation was posted on the AVCIC blog between Connie and samantha, this took place before the investors meeting, and before the committee was formed.

In this conversation Sam clearly stated that AVC was being permanetly delisted, and that I would never see any of the assets again. She also went on to state that she had the power to overturn or reject the share holders wishes and follow their own course of action reagrdless. What I find more concearning, is that suddenly all the information relating to this, and also all the other documentary evidence has been deleted from the AVCIC blog.

It is therefore my conclusion that the VSTEX have seriously abused their power, and should not be handling the securities and investments of others as they are not fit for purpose.

AVC will be relisted on the ACE exchange, a new board will be appointed consisting of

CEO Monkey Canning - I will lead the company out of this mess and back to strength, main roles will be striking deals and general overseer.