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All posts by Wenden Xeno

Apr 17th 2008, 12:54
Wenden Xeno
Capital Exchange Archive » The Future of NDX - What is your take?
Re: The Future of NDX - What is your take?
I hold 12000 NDX shares and given the choice of between VSTEX and ISE- I will be voting for a move to the ISE.

The VSTEX just seems to have too many trashy stocks in it- and was the final resting place of Jasper Tizzy and the smell still lingers.

ISE on the other hand has a rock solid trading platform (which hasnt been down for even an hour in over a year of being operationa) and has a good reputation as being run by a team that can be trusted- no shut downs, no stock sieziers- no avatar bans- Just safe and secure trading.

Jul 13th 2008, 05:23
Wenden Xeno
Capital Exchange Archive » Official weekly update ?
I Sold 5,000 Shares
I sold 5,000 NDX shares the oter day which brought it down from about 2.5L to 2.10L. That hardly left any sell orders (I think there was about 40 left at 2.10- then down to .5 or something)- so I guess the circuit breaker got tripped when the next seller came along to sell off at market price-

Just thought I should alert NDX holders of this so they know that the sudden drop wasnt because of dodgy NDX selling- it was a large holder (me)selling off.

Ive actually bought a load back taking advantage of the low price. At 1L a share- this stock is again worth the risk (of no proper announcements from Travis) as I have been impressed with my dealings with him and fell the EU Hanger in Entropia makes a very exciting investment [but not for anything more than about 2L given the lack of information]
Jul 14th 2008, 15:23
Wenden Xeno
Capital Exchange Archive » July 2008 Financials
Re: July 2008 Financials
Sorry guys- the Juries out- youve been ripped off by a bunch of SPIVS.

Reading the balance sheet- what is meant by "Synergy Island Subscriptions"? How have they made 40K a month from that- and what exactlyy is it? Does it mean that they have sold EXACTLY 40K worth of subscriptions every month (April-May-AND June)???? I very much doubt it- this stands out as untrustworthy on the balance sheet.

Commercial broadcasting sales- 75,000L- yet we know from other posts that NO broadcasting ground to a halt a while ago- Hmmmmmm.

Feb 7th 2011, 11:43
Wenden Xeno
Special Situations » SAS shareholders vote on company strategy
SAS shareholders vote on company strategy
As we enter a new dawn for SAS and the SL stock scene with the arrival of Skip Oceanlane's revamped SLCAPEX, SAS shareholders have voted on our company strategy to accompany our new listing on the SLCAPEX. (note- see the SAS forum on the ISE website for voting)

Our company strategy is as follows:

100K to be invested in SLCAPEX stocks, with an emphasis of buying at bid and selling at ask prices.

200K to be used for currency trading on the ICE.


The voting went as follows:

motion: 300K to be used for currency trading....

YES 0 (0%)
NO 499257 (100%)

Turnout: 499257 votes [77%]


motion: 100K to be used for trading SLCAPEX stocks......

YES 499257 (100%)
NO 0 (0%)

Turnout: 499257 votes [77%]

motion: 200K to be used for currency trading on the ICE.....

YES 450266 (90%)
NO 48991 (10%)

Turnout: 499257 votes [77%]
Feb 27th 2011, 05:05
Wenden Xeno
Special Situations » SAS shareholder vote- Change name to SL Special Situations
SAS shareholder vote- Change name to SL Special Situations
I propose that we change the name from Special Situations to SL Special Situations.

This is because their are RL investment funds called 'special situations' and I want to make sure we are clearly distinguished from those.

1 share = 1 vote

Voting ends 7March

Enter your vote (either YES NO or ABSTAIN) in thread below.

Any comments that are not a vote will be deleted.
Mar 6th 2011, 13:05
Wenden Xeno
Special Situations » Financial Reports - for CEO Posting Only
FINANCIAL STATEMENT - FEB 2011

Edited by moderator Mar 8th 2011, 15:03
SAS Financial Report - FEB 2011

• SAS successfully lists on SLCAPEX
• 68% of 100K L$ allocation invested in SLCAPEX Stocks
• 200K L$ to be used for currency trading on ICE platform
• Stock investments flat at 99% value following 1 months trading
• SAS shareholders to vote on dividend payment policy
• SAS company policy


SAS successfully lists on SLCAPEX

Following a legendary track record on the ACE and then the ISE, SAS shareholders voted to list on the SLCAPEX- offering an exciting new era for SAS in an exchange that has reinvigorated the SL trading scene, with quality stewardship by Skip Oceonline, refreshing effective marketing and game changing trading volumes now in play.

68% of 100K L$ allocation invested in SLCAPEX stocks

Shortly before listing on SLCAPEX, SAS shareholders voted to invest 100 K L$ of our cash assets into SLCAPEX stocks, and I can report that we have invested 68% of this allocation into POS, mostly SLCAPEX, with the remainder to be invested into SAS and ICE at bid prices.

Our current investments are as follows:

SLCAPEX

We currently hold 6143 shares with a value of 56516L$. I immediately began hoovering up SLCAPEX shares on the simple basis that the SLCAPEX is transforming from a shitty, low volume exchange to a high volume, well managed exchange thanks to the clear tranformation being masterminded by Skip Oceonline- so I wanted to get in fast before the money moved.

Unfortunately, the stock split spooked investors, and one of its major holders bagan offloading a 30,000 share holding in a move that in in the short term, is garunteed to deflate the SLCAPEX stock price to at least 7.00 L$ a share, representing a 30% loss.

These large shareholder sell-offs are a common theme amoungst the biggest SL stocks, and although unfortunate, have a common trend of being reversed in the medium-long term, so I plan to hold SLCAPEX for medium-long term gains, during which I plan to sell of at ask prices gradually to use the proceeds to buy up SAS and ICE.

ICE

The ICE was formally the ISE and it has shown relatively low volume since listing on the SLCAPEX. I bought in to ICE as it has a good share supply and demand dynamic caused by a small number of very large holders with a long history of holding, and I believe this stock will gain fans at the SLCAPEX once a trend of regular dividends and robust stock price performance gains fans.

ICE share price rapidly surged to over 5L$ a share and we have a 68% gain on our average buy price with our 1503 shares now worth 7740L$

SAS

Investing in SAS is an obvious choice as if their is one POS in SL stocks you can trust to deliver it is your own. We currently have 2500 shares which have gained 12% to 3250L$

200K L$ to be used for currency trading on ICE platform

We have 200K L$ set aside for currency trading on the ICE as soon as it is set up for this functionality.

Stock investments flat at 99% value following 1 months trading

Our stock portfolio is now worth about 99% if average buy price values.

SAS shareholders to vote on dividend payment policy

I do not expect to start paying dividends again for at lease a few months, once stock portfolio appreciation will be supplemented by a regular currency trading and dividend income. It will be the responsibility of SAS shareholders to vote on our dividend payment policy- While I welcome any motions from shareholders with at least 5000 shares, my own proposal will be to pay out 50% of profits as dividends each month and reinvest the rest.

SAS company policy

I plan to post our company policy on the forum in the next few weeks. This clearly sets out how SAS is to operate based on shareholder votes- the SAS CEO has to follow the company policy to the letter and it can only be changed via shareholder votes which can be proposed by any shareholder at any time with at least 5000 shares.



Income L$

Dividend Payments 73
Other 0


Expendiature

Dividend Payments (SAS) 0
Other 0

Profit / Loss 73


ASSETS


STOCK TRADING ASSETS

SLCAPEX 56515.6
ICE 7740.45
SAS 3250

cash 30059

Total 97565.05
% ROI 98%

CURRENCY TRADING ASSETS

ICE cash 0

Total 0
% ROI 100%

OTHER ASSETS

Avatar account 200000


TOTAL ASSETS 297565.05
% ROI 99%

Mar 7th 2011, 11:54
Wenden Xeno
Special Situations » FEB Financial Statement
Re: FEB Financial Statement
http://www.slcapex.com/forums/topic/CAPX/3110

+ 30,000 L$ Sell order (or are you saying that was radioactive rosca)?

Mar 8th 2011, 10:24
Wenden Xeno
Special Situations » FEB Financial Statement
Re: FEB Financial Statement
This is the top 10 shareholder list- as you can clearly see only 4 people have over 30,000 shares- therefore it could only have been Radioactive Rosca or Cash Yiyuan (as I know it would not have been Skip or Arbi) who tried to dump over 30,000 shares. WHoever it was doesnt matter. The point I was trying to make was that I am a short term bear on SLCAPEX because a main holder (either Cash or Radioactive depending on what you believe) tried to dump over 30,000 shares and also Cash Yiyuan put his whole chunk up for sale 'to the highest bidder' which makes me bearish even without the 30,000 share sell order.


Stock Ownership
Owner Shares
Skip Oceanlane 827,741 54.5%
Arbi Tomsen 377,234 24.8%
Radioactive Rosca 126,394 8.3%
Cash Yiyuan 40,001 2.6%
Scott Nestler 16,001 1.1%
movax420 Tweak 16,000 1.1%
robwag Soothsayer 14,303 0.9%
Eliale Morigi 10,672 0.7%
Stroh Bing 10,481 0.7%
Tranquilo Holgado 9,735 0.6%
Other shareholders 71,438 4.7%
Total shares in company 1,520,000 100%
Mar 8th 2011, 15:06
Wenden Xeno
Special Situations » FEB Financial Statement
Re: FEB Financial Statement
I have edited the financial statement - thanks for your feedback Cash.

Regards,

WX
Apr 9th 2011, 07:10
Wenden Xeno
Special Situations » SAS FInancial Report MAR 2011
SAS FInancial Report MAR 2011
SAS FInancial Report - MAR 2011

*Overall Assets down 10%
*CAPX stock dumped to buy up EVO
*200K ready for investment on ICE platform



Overall Assets down 10%

Our total assets are down 10% following the disastrous performance of SLCAPEX which brought our total asset value down from 300K to about 270K, focusing in on our stock assets weve taken a 30% hit.

CAPX stock dumped to buy up EVO

Several times in the past ive held stock exchange POS only to be punished in the long term. I decided that CAPX was a bad move, weighed down so heavily as it is by large holders from before Skips time who have massive holdings and are gladly selling out now that liquidity is returned thanks to Skips efforts to revitalise the exchange. I therefore dumped all our SLCAPEX holdings at a 30% loss and used all proceeds to buy up EVO in IPO. EVO has allready gained 5%, and I chose it as it is breedibles, which is one of SL's most lucrative boom industries at the moment. I also think that this stock will attract new clients to the exchange scene from the breedibles scene, and this will offer EVO a loyal fanbase of shareholders which will inflate this share.

200K ready for investment on ICE platform

Now that Arbi Tomsen has begun to launch some products on the ICE platform, I intend to begin investing there, tentatively at first, so as to begin increasing our profits with the aim of restarting our tradition of paying dividends and growing NAV.






Our overall

Income L$

Dividend Payments 106
Other 4


Expendiature

Dividend Payments (SAS) 0
Other 0

Profit / Loss 106


ASSETS


STOCK TRADING ASSETS

EVO 37628
ICE 28012
SAS 4133

cash 72

Total 69845
% ROI 70%

CURRENCY TRADING ASSETS

ICE cash 0

Total 0
% ROI 100%

OTHER ASSETS

Avatar account 200000


TOTAL ASSETS 269845
% ROI 90%



POS shares value Profit / Loss (%)

EVO 35836 37628 +5%
ICE 7003 28012 +36%
SAS 3360 4133 +12%




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