Post by Admin on Feb 12, 2016 9:05:53 GMT
NYRounder@aol.com
19.9.2015
Dear CapEx Listed Company CEO:
I hope all is well with you. I wanted to give you an update of what happened today.
As you can see, today I have delisted several companies from Capital Exchange for various non-compliance issues. While I feel this will hurt the exchange in the short term, many of the companies were never a positive contributor to the exchange to begin with. Some were quite large like BOOT and FUN, and those leaving will hurt many game players - however I have come up with a solution to "soften the blow" of so many delisted companies at once.
I have gone through inactive accounts and reclaimed assets recently - and it's quite a large number (Note that a couple companies had no shares reclaimed because they were formed after 2012). I have decided to take half of the assets reclaimed from accounts inactive before January 1, 2013, and create a new company called the Consolidated Equity Fund (CEF). The stock value at the current last price is roughly CD$4,000,000 (CD$8,000,000 was just reclaimed). Shareholders (minus the CEO's and alts) in the recently delisted companies today will receive stock in this new company. I'll be announcing the formula in the next day or so. Troy Tomasso has agreed to run this new company and utilize the assets, along with his own that he is adding which are substantial, and try to create a way for shareholders to recover their losses.
The remaining half of reclaimed assets (about CD$4,000,000) will be distributed to you CEO's. These shares do not belong to you personally, but to your respective companies. I am going to ask that you all put them up for sale under a special Secondary Public Offering within the next few weeks, or you may sell them via P2P. **The SPO Fee is being reduced from 3.99% to only .99%**. So your companies will get more trading shares on the market, while raising more funds for your activities, and at an extremely low Trx Fee.
In addition, note that accounts will be reclaimed that have not been active within the last 2 years. These shares reclaimed will all go to you CEO's, and you can resell them (or destroy them) as you wish. None of these shares will go anywhere else - so there will be even more shares for most/all of you to resell. Accounts last active from January 1, 2013 - September 30, 2013 will be reclaimed soon, so stay tuned for those incoming shares.
I would hope you all understand why I feel it's necessary to take some of the reclaimed assets to create this new company CEF. Many of you will be receiving shares in CEF for stock you might have owned in a delisted company, and it will keep existing traders happier within the game to trade your stocks. So it's a win-win situation for everyone. This stock isn't meant to be a 100% replacement for what was lost - but it's something.
I will be e-mailing you all individually over the next day to let you know how many shares were reclaimed for your company, and to schedule SPO's if you wish to do so. Please let's get these shares back on the market to create activity - too many shares are inactive at the moment and SPO's will get these shares in the hands of active participants. If anyone has questions, please contact me here. Thanks again for your participation at Capital Exchange
Skip Oceanlane, CEO
Capital Exchange
www.onlinecapex.com
19.9.2015
Dear CapEx Listed Company CEO:
I hope all is well with you. I wanted to give you an update of what happened today.
As you can see, today I have delisted several companies from Capital Exchange for various non-compliance issues. While I feel this will hurt the exchange in the short term, many of the companies were never a positive contributor to the exchange to begin with. Some were quite large like BOOT and FUN, and those leaving will hurt many game players - however I have come up with a solution to "soften the blow" of so many delisted companies at once.
I have gone through inactive accounts and reclaimed assets recently - and it's quite a large number (Note that a couple companies had no shares reclaimed because they were formed after 2012). I have decided to take half of the assets reclaimed from accounts inactive before January 1, 2013, and create a new company called the Consolidated Equity Fund (CEF). The stock value at the current last price is roughly CD$4,000,000 (CD$8,000,000 was just reclaimed). Shareholders (minus the CEO's and alts) in the recently delisted companies today will receive stock in this new company. I'll be announcing the formula in the next day or so. Troy Tomasso has agreed to run this new company and utilize the assets, along with his own that he is adding which are substantial, and try to create a way for shareholders to recover their losses.
The remaining half of reclaimed assets (about CD$4,000,000) will be distributed to you CEO's. These shares do not belong to you personally, but to your respective companies. I am going to ask that you all put them up for sale under a special Secondary Public Offering within the next few weeks, or you may sell them via P2P. **The SPO Fee is being reduced from 3.99% to only .99%**. So your companies will get more trading shares on the market, while raising more funds for your activities, and at an extremely low Trx Fee.
In addition, note that accounts will be reclaimed that have not been active within the last 2 years. These shares reclaimed will all go to you CEO's, and you can resell them (or destroy them) as you wish. None of these shares will go anywhere else - so there will be even more shares for most/all of you to resell. Accounts last active from January 1, 2013 - September 30, 2013 will be reclaimed soon, so stay tuned for those incoming shares.
I would hope you all understand why I feel it's necessary to take some of the reclaimed assets to create this new company CEF. Many of you will be receiving shares in CEF for stock you might have owned in a delisted company, and it will keep existing traders happier within the game to trade your stocks. So it's a win-win situation for everyone. This stock isn't meant to be a 100% replacement for what was lost - but it's something.
I will be e-mailing you all individually over the next day to let you know how many shares were reclaimed for your company, and to schedule SPO's if you wish to do so. Please let's get these shares back on the market to create activity - too many shares are inactive at the moment and SPO's will get these shares in the hands of active participants. If anyone has questions, please contact me here. Thanks again for your participation at Capital Exchange
Skip Oceanlane, CEO
Capital Exchange
www.onlinecapex.com