Post by Admin on Mar 28, 2016 23:39:11 GMT
www.onlinecapex.com/home/story/CAPX/9368
29th of March CAPX Oceanlane Enterprises
by Skip Oceanlane
Capital Exchange March 2016 Update
Dear CapEx Members:
I wanted to give everyone an update of what's been going on lately at Capital Exchange. As you have all seen recently, we have had many companies either delisted or have their trading halted because of non-compliance with our rules. Before I invest in expanded advertising for new game players and get new listed game companies, I first need to resolve the many inactive companies and CEO's still within the game. These CEO's who have abandoned their shareholders really hurt the game over the past year, and the severe price drops have reflected this lack of overall market confidence. I am doing my best to try and keep CEO's involved, but it appears that some have decided to simply disappear and stop responding to everyone trying to contact them. This is really a shame.
I anticipate that most companies that currently are not halted will be staying listed at Capital Exchange. Companies currently halted could still remain listed after April, but that will depend if the CEO's start supporting their stock again and reply to me. Again, I apologize that so many CEO's have stopped paying game dividends or replying to game shareholders, but these things are beyond my control. Capital Exchange is a valuable tool for businesses to advertise and get new customers when used properly. Smart CEO's continue to do this, and I hope more will follow those that remain active.
The anticipated CapEx forum restoration/upgrade will happen probably sometime in May after the "dust settles" with companies delisting. My guess is that we still have 5-6 companies to go with delisting, but that number could go up or down depending on CEO's. I apologize for the continued delay, but before I invest more for upgrades I need to first remove all the companies that are hurting our forward progress.
As for Capital Exchange itself, I will be paying A CD$27,500.00 dividend for March the first week of April. Even though trading activity is low, there have been some mid-sized P2P Transactions that have generated some income, and profit. In addition, I have reduced expenses within Second Life so that there is no longer a monthly tier fee. This will save CapEx just under US$1,000.00 a year, so expenses have been extremely low.
The bottom line is that I am not going to invest more money within the gamefor upgrades until companies stop delisting, and I'm able to attract new game players and new IPO's for revenue to pay for the upgrades. I used a lot of my own personal money to fund website upgrades to separate from Second Life in 2014-2015, and still trading volume dropped significantly since then. There needs to be proper game player activity in 2016 and beyind to justify further investment in upgrades. I hope this will happen in May and by then the delistments will have ceased by then.
Finally, please note that CapEx's new Second Life in-world office is now located in the Acala Region. You can reset your password there, or just hang out with me when I'm in-world. See our in-world CapEx Group Notice or IM me in-world for a landmark. Any questions, please feel free to contact me. Thanks for being a part of Capital Exchange.
Skip Oceanlane, CEO
Capital Exchange
www.onlinecapex.com
29th of March CAPX Oceanlane Enterprises
by Skip Oceanlane
Capital Exchange March 2016 Update
Dear CapEx Members:
I wanted to give everyone an update of what's been going on lately at Capital Exchange. As you have all seen recently, we have had many companies either delisted or have their trading halted because of non-compliance with our rules. Before I invest in expanded advertising for new game players and get new listed game companies, I first need to resolve the many inactive companies and CEO's still within the game. These CEO's who have abandoned their shareholders really hurt the game over the past year, and the severe price drops have reflected this lack of overall market confidence. I am doing my best to try and keep CEO's involved, but it appears that some have decided to simply disappear and stop responding to everyone trying to contact them. This is really a shame.
I anticipate that most companies that currently are not halted will be staying listed at Capital Exchange. Companies currently halted could still remain listed after April, but that will depend if the CEO's start supporting their stock again and reply to me. Again, I apologize that so many CEO's have stopped paying game dividends or replying to game shareholders, but these things are beyond my control. Capital Exchange is a valuable tool for businesses to advertise and get new customers when used properly. Smart CEO's continue to do this, and I hope more will follow those that remain active.
The anticipated CapEx forum restoration/upgrade will happen probably sometime in May after the "dust settles" with companies delisting. My guess is that we still have 5-6 companies to go with delisting, but that number could go up or down depending on CEO's. I apologize for the continued delay, but before I invest more for upgrades I need to first remove all the companies that are hurting our forward progress.
As for Capital Exchange itself, I will be paying A CD$27,500.00 dividend for March the first week of April. Even though trading activity is low, there have been some mid-sized P2P Transactions that have generated some income, and profit. In addition, I have reduced expenses within Second Life so that there is no longer a monthly tier fee. This will save CapEx just under US$1,000.00 a year, so expenses have been extremely low.
The bottom line is that I am not going to invest more money within the gamefor upgrades until companies stop delisting, and I'm able to attract new game players and new IPO's for revenue to pay for the upgrades. I used a lot of my own personal money to fund website upgrades to separate from Second Life in 2014-2015, and still trading volume dropped significantly since then. There needs to be proper game player activity in 2016 and beyind to justify further investment in upgrades. I hope this will happen in May and by then the delistments will have ceased by then.
Finally, please note that CapEx's new Second Life in-world office is now located in the Acala Region. You can reset your password there, or just hang out with me when I'm in-world. See our in-world CapEx Group Notice or IM me in-world for a landmark. Any questions, please feel free to contact me. Thanks for being a part of Capital Exchange.
Skip Oceanlane, CEO
Capital Exchange
www.onlinecapex.com
