http://slcapex.com/forums/browse/VSIF Buy low. Sell high. en-us Thu, 23 May 2013 10:56:49 -0700 Thu, 23 May 2013 10:56:49 -0700 http://slcapex.com/forums/ SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/VSIF/8027
I am greatful for this oppurtunity given to me and will do my best to help VSIF succeed.

Please feel free to contact me, if you have any questions.
- IM inworld or email at: macbeth_kingmaker@sapo.pt

Kind regards,
Macbeth Kingmaker (BOD - VBL, VSIF)


in topic Macbeth Kingmaker Board Member of VSIF by Macbeth Kingmaker ]]> Sat, 11 May 2013 04:29:30 -0700 http://slcapex.com/forums/topic/VSIF/8027/41025 http://slcapex.com/forums/topic/VSIF/8027
in topic Macbeth Kingmaker Board Member of VSIF by Skip Oceanlane ]]> Thu, 09 May 2013 12:06:29 -0700 http://slcapex.com/forums/topic/VSIF/8027/40978 http://slcapex.com/forums/topic/VSIF/8027
I wish to let you all know that Macbeth Kingmaker has been elected Board Member for VSIF.

Mac is the Board Member at VBL and has shown true dedication and hard work to VBL and so we are really pleased he has decided to join us at VSIF as well.

Congratulations Mac both Ferre and myself are really looking forward to working with you.

Kind regards

Morgan


in topic Macbeth Kingmaker Board Member of VSIF by Morganlefray Resident ]]> Thu, 09 May 2013 11:33:21 -0700 http://slcapex.com/forums/topic/VSIF/8027/40974 http://slcapex.com/forums/topic/VSIF/7610
in topic partnership between morgan le fray and VSIF by Stroh Bing ]]> Mon, 29 Apr 2013 21:37:49 -0700 http://slcapex.com/forums/topic/VSIF/7610/40762 http://slcapex.com/forums/topic/VSIF/3035
REVENUE

dividends 13132.46
stocksales 12235.59
xtras 4000.00

totals 29368.05

expenses

hud department 20000

total expenses 20000

net profit 9368.05

dividends paid 24000

ASSETS

cash 193922.87
investment of stock 554435.7

total assets 748358.57

retained earnings 193922.87

a list of our holdings will posted later today

http://verballistranslations.com/about/vsif-fund/
dividend for this month will be paid shortly to

in topic Financial Reports - for CEO Posting Only by VSIFUND Resident ]]> Mon, 22 Apr 2013 14:23:13 -0700 http://slcapex.com/forums/topic/VSIF/3035/40621 http://slcapex.com/forums/topic/VSIF/7305
http://verballistranslations.com/dividend-index/

februari top 3

1 GVC 780.57
2 CAPX 200.00
3 DMWA 149.78

our portfolio update can be found here

http://verballistranslations.com/vsif-fund/

financials 1th till 28th februari

net income 8421.56L$
8000L$ of that will be paid on the 20th
cash at hand 207979.33

u can find our 1th product the rezzdayhud here

new features will be added in time so keep an eye on it ,-)

https://marketplace.secondlife.com/p/Rezzday-HUD-101-no-mod-no-trans/4575889?id=4575889&slug=Rezzday-HUD-101-no-mod-no-trans

btw a new project of mine has gone live
its a new way of advertising and earning L$ for all second life users.
http://www.surf4ls.com/surf3805/?r=57967
for more info im surf4ls galaxy
special packs for CEOs are available,-)

in topic News Story: udate from our portfolio online by ferre Howlett ]]> Mon, 04 Mar 2013 22:17:14 -0800 http://slcapex.com/forums/topic/VSIF/7305/39807 http://slcapex.com/forums/topic/VSIF/7305 the 5th will be combined with the financials from the previous month.and on the 20th I will combine the update with the dividend payment,if one is done .

I also want to let u now that i started an new index called "dividend index"
the top three will be posted here the rest u can find at the VBL site.
this update will also be done on the 5th of each month.

http://verballistranslations.com/dividend-index/

januari top 3

1 GVC 402.87
2 CAPX 100.00
3 SSF 88.64

update of our portfolio can be found here

http://verballistranslations.com/vsif-fund/

financials 1/1/2013 - 31/1/2013

net income 9227.17L$
8000L$ will be paid as dividend on the 20th
we also invested 17500L$ in a partnership with morgan le fray
to get a new stream of revenue of wich we will launch the first product
in the coming days.
total cash at hand 31/1/2013 207031.69L$

thx n grtz

ferre howlett










in topic News Story: udate from our portfolio online by ferre Howlett ]]> Tue, 05 Feb 2013 00:33:31 -0800 http://slcapex.com/forums/topic/VSIF/7305/39438 http://slcapex.com/forums/topic/VSIF/7610
We wish to advise you of a new partnership between VSIF and Morgan Le Fray.

Morgan approached VSIF with a new imaginative idea for an SL product of which we would like to let you all know will be launched in a few days time.

kind regards
ferre howlett
CEO of VSIF

in topic partnership between morgan le fray and VSIF by VSIFUND Resident ]]> Tue, 22 Jan 2013 13:57:21 -0800 http://slcapex.com/forums/topic/VSIF/7610/39202 http://slcapex.com/forums/topic/VSIF/3035

REVENUE

dividends 12897.70
stocksales 37605.52
xtras 5820.00

totals 56323.22

no expenses where made during Q4

NET PROFIT 56323.22

DIVIDENDS PAID 36817.57

ASSETS

cash 221567.09
investment of stock 608802.30

TOTAL ASSETS 830369.39

retained earnings 221567.09


list of assets will be posted later today here

http://verballistranslations.com/about/vsif-fund/







in topic Financial Reports - for CEO Posting Only by VSIFUND Resident ]]> Sun, 06 Jan 2013 03:14:40 -0800 http://slcapex.com/forums/topic/VSIF/3035/38723 http://slcapex.com/forums/topic/VSIF/7523
i will do this in a few days but i need some time to figure what format to use.


ferre

in topic Q4 financial report by VSIFUND Resident ]]> Fri, 04 Jan 2013 15:02:01 -0800 http://slcapex.com/forums/topic/VSIF/7523/38679 http://slcapex.com/forums/topic/VSIF/7496 protecting my shareholders(company) assets is something i take very seriously ,-)

and yes glaznah its somewhere in the ll tos since i started this "game" back in 2007

in topic News Story: new company alt by VSIFUND Resident ]]> Fri, 04 Jan 2013 14:59:28 -0800 http://slcapex.com/forums/topic/VSIF/7496/38678 http://slcapex.com/forums/topic/VSIF/7523
in topic Q4 financial report by Alain Delpiaz ]]> Fri, 04 Jan 2013 11:43:15 -0800 http://slcapex.com/forums/topic/VSIF/7523/38675 http://slcapex.com/forums/topic/VSIF/7523
http://verballistranslations.com/about/vsif-fund/

in topic Q4 financial report by DMWA Reanimator ]]> Fri, 04 Jan 2013 11:07:02 -0800 http://slcapex.com/forums/topic/VSIF/7523/38667 http://slcapex.com/forums/topic/VSIF/7523
when do you plan on releasing the Q4 financial report and when you do would it be possible to include a list of all assets including the cash position of the company?

Thanks in advance,
Alain

in topic Q4 financial report by Alain Delpiaz ]]> Fri, 04 Jan 2013 09:51:50 -0800 http://slcapex.com/forums/topic/VSIF/7523/38664 http://slcapex.com/forums/topic/VSIF/7496
in topic News Story: new company alt by Glaznah Gassner ]]> Wed, 02 Jan 2013 13:50:54 -0800 http://slcapex.com/forums/topic/VSIF/7496/38594 http://slcapex.com/forums/topic/VSIF/7496
You can blame me for it. It was my recommendation. Never can be too careful! :-)

Skip

in topic News Story: new company alt by Skip Oceanlane ]]> Wed, 02 Jan 2013 08:40:07 -0800 http://slcapex.com/forums/topic/VSIF/7496/38576 http://slcapex.com/forums/topic/VSIF/7496
in topic News Story: new company alt by Alain Delpiaz ]]> Wed, 02 Jan 2013 08:25:04 -0800 http://slcapex.com/forums/topic/VSIF/7496/38572 http://slcapex.com/forums/topic/VSIF/7496 new name is "VSIFUND resident" and all assets were moved to this new account


grtz and happy new year

ferre howlett

in topic News Story: new company alt by ferre Howlett ]]> Tue, 01 Jan 2013 22:11:49 -0800 http://slcapex.com/forums/topic/VSIF/7496/38555 http://slcapex.com/forums/topic/VSIF/7305
u can find our full portfolio here

http://verballistranslations.com/about/vsif-fund/

i will update it on a regular basis.

i can already tell u that their will be an xtra dividend issued between Xmas and new year.


thx n grtz

ferre howlett



in topic News Story: udate from our portfolio online by ferre Howlett ]]> Sun, 09 Dec 2012 14:20:00 -0800 http://slcapex.com/forums/topic/VSIF/7305/37562 http://slcapex.com/forums/topic/VSIF/7144
Net Income from Sales: L$ 9,479.16
Dividends Received: L$ 6,331.61
Total Net Income: L$ 15,810.77

That put our earnings at L$ 0.0190 per share, and I had allocated L$ 9,000 at that point for the month's dividend payout.

For those who are interested in NAV figures:

Based upon total cash and the actual cost of stocks held:
L$ 0.9896 per share.

Based upon total cash and portfolio market value:
L$ 1.5139 per share.

The large difference between actual cost vs. market value is due primarily to the spread between the actual cost of 47,803 treasury shares of VSIF, and the then-current asking price of L$ 4.17/share.

Also, for those who are specifically interested, here are the total number of shares held in the VSIF portfolio, and their overall cost, at that time:
ADS 5,000
BOOT 8,906
DFH 45,418
EDMO 37,000
EVO 54,120
GXY 4,994
OIG 10,000
OMG 33,000
RPG 11,000
SEC 203,931
SLG 37,850
VSIF 47,807*
VTM 2,500

* Locked VSIF Treasury Shares

Total Current Cost of Shares Held: L$ 427,965.50

For additional results since that date, please contact Ferre Howlett.


Farqot Gustafson
a/k/a & d/b/a DFH Westland
Ex-VSIF Managing Partner

in topic VSIF Profitability for November, 2012 by Farqot Gustafson ]]> Mon, 03 Dec 2012 10:50:55 -0800 http://slcapex.com/forums/topic/VSIF/7144/37267 http://slcapex.com/forums/topic/VSIF/7221

its about the 48312sh locked(treasury) in the company account not about the 60000 owner shares


ferre

in topic News Story: election of the new CEO by ferre Howlett ]]> Sat, 01 Dec 2012 21:16:08 -0800 http://slcapex.com/forums/topic/VSIF/7221/37236 http://slcapex.com/forums/topic/VSIF/7221
That is incorrect. The 60,000 shares locked are Owner Shares. They are locked until/if you pay to unlock them. The shares that are temporarily locked because they were reclaimed from people who were deemed inactive were included in the regular trading shares number.

Skip

in topic News Story: election of the new CEO by Skip Oceanlane ]]> Sat, 01 Dec 2012 07:53:59 -0800 http://slcapex.com/forums/topic/VSIF/7221/37225 http://slcapex.com/forums/topic/VSIF/7221
in topic News Story: election of the new CEO by ferre Howlett ]]> Sat, 01 Dec 2012 02:53:43 -0800 http://slcapex.com/forums/topic/VSIF/7221/37223 http://slcapex.com/forums/topic/VSIF/7240
Note that VSIF CEO ferre Howlett requested 32,678 VSIF regular trading shares be destroyed. This means that there are now a total of 800,000 shares for VSIF - 740,000 regular trading shares, and 60,000 locked Owner Shares. He wanted to have an even number of overall shares for VSIF. Thank you.

Skip

in topic CEO's Shares Destroyed by Skip Oceanlane ]]> Fri, 30 Nov 2012 16:12:48 -0800 http://slcapex.com/forums/topic/VSIF/7240/37214 http://slcapex.com/forums/topic/VSIF/7224
My thoughts exactly. I can see people being very confused, and even thinking they are the same company with 2 divisions.

Skip

in topic News Story: new name for the VSIF fund by Skip Oceanlane ]]> Wed, 28 Nov 2012 05:30:39 -0800 http://slcapex.com/forums/topic/VSIF/7224/37157 http://slcapex.com/forums/topic/VSIF/7224
in topic News Story: new name for the VSIF fund by garryt62 Resident ]]> Wed, 28 Nov 2012 04:48:37 -0800 http://slcapex.com/forums/topic/VSIF/7224/37156 http://slcapex.com/forums/topic/VSIF/7224 as new CEO and majorityshareholder i want to change the name of this company.but after talking to skip about it, he raised some concerns that might occur on the trading floor.
so we decided that he would contact the cerc about it and that i would ask U fellow shareholders and possible future investors what u think about it.

so here what i want to do

the current name "virtual stock investment fund" / VSIF

would be changed into

"verballis investment fund" / VBIF

let us know what u think about this

thx n grtz

ferre howlett



in topic News Story: new name for the VSIF fund by ferre Howlett ]]> Tue, 27 Nov 2012 20:42:55 -0800 http://slcapex.com/forums/topic/VSIF/7224/37148 http://slcapex.com/forums/topic/VSIF/7221
thx n grtz

ferre

in topic News Story: election of the new CEO by ferre Howlett ]]> Tue, 27 Nov 2012 20:23:58 -0800 http://slcapex.com/forums/topic/VSIF/7221/37147 http://slcapex.com/forums/topic/VSIF/7221
As far as I know, "locked shares" at Capex is a qualification reserved for owner shares that were acquired at IPO.
How can VSIF have company owned treasury shares that are "locked"?
Were those shares not bought off the market?

kind regards,
Marishka

in topic News Story: election of the new CEO by Marishka Ixito ]]> Tue, 27 Nov 2012 19:18:13 -0800 http://slcapex.com/forums/topic/VSIF/7221/37143 http://slcapex.com/forums/topic/VSIF/7221
Farqot Gustafson
a/k/a DFH Westland
DFH Managing Partner

in topic News Story: election of the new CEO by Farqot Gustafson ]]> Tue, 27 Nov 2012 17:37:03 -0800 http://slcapex.com/forums/topic/VSIF/7221/37140 http://slcapex.com/forums/topic/VSIF/7221
First of all I wish to thank farqot and skip in making this a smooth transfer.

I also want to thank those who gave their support in voting for me.

As u all might know I’m also CEO and majority shareholder of verballis translations service but I have no intentions of merge ring the 2 companies .i know that VBL also holds a nice portfolio of stock however the VBL fund is based on long-term holdings and doesn’t do much day trading ,with VSIF I will actively do day trading. therefore they won’t interrupt each other.

Dividend policy will not change for the remainder of the year, early January the BOD and me will review current policy.

The logo ,tagline and even the name/ ticker symbol with change as soon as possible.

Thx and grtz

Ferre Howlett

Ceo and majority shareholder of VBL , VSIF

total holdings at SL capx when I received the login info

cash 396703.95L$

shares current MP

ADS 5000 4300
BOOT 8916 6865,32
DFH 45418 44055,46
EDMO 37000 27750
EVO 54120 16236
GXY 4994 5043,94
OIG 10000 4500
OMG 33000 15510
RPG 11000 14850
SEC 203931 154987,56
SLG 37289 49967,26
VSIF 3543 8928,36
VTM 2500 4525

locked
VSIF 48312 121746,24

505023 479265,14


current nav 1.0519 L$








in topic News Story: election of the new CEO by ferre Howlett ]]> Tue, 27 Nov 2012 17:31:55 -0800 http://slcapex.com/forums/topic/VSIF/7221/37139 http://slcapex.com/forums/topic/VSIF/7168
ferre Howlett: 520,073
Abstain: 41,739
Non-Voting: 99,125
Total Share Votes: 832,687

ferre Howlett has been elected CEO of Virtual Stocks Investment Fund with 62.46% of the VSIF share votes. I will contact the new CEO to coordinate the transfer of CEO powers from Farqot Gustafson/DFH Westland. Thank you.

Skip Oceanlane, CEO
Capital Exchange
www.slcapex.com

in topic News Story: Election of a new CEO for VSIF by Skip Oceanlane ]]> Tue, 27 Nov 2012 07:32:54 -0800 http://slcapex.com/forums/topic/VSIF/7168/37116 http://slcapex.com/forums/topic/VSIF/7168
in topic News Story: Election of a new CEO for VSIF by Bevan Whitfield ]]> Mon, 26 Nov 2012 18:33:18 -0800 http://slcapex.com/forums/topic/VSIF/7168/37108 http://slcapex.com/forums/topic/VSIF/7168 i vote yes for Ferre Howlett.

in topic News Story: Election of a new CEO for VSIF by brianboneless Resident ]]> Mon, 26 Nov 2012 12:06:21 -0800 http://slcapex.com/forums/topic/VSIF/7168/37098 http://slcapex.com/forums/topic/VSIF/7168
i vote yes for ferre howlett

in topic News Story: Election of a new CEO for VSIF by Metz OConnell ]]> Sun, 25 Nov 2012 19:59:53 -0800 http://slcapex.com/forums/topic/VSIF/7168/37047 http://slcapex.com/forums/topic/VSIF/7168 Vote for ferre howlett

in topic News Story: Election of a new CEO for VSIF by Alecx Writer ]]> Thu, 22 Nov 2012 11:01:01 -0800 http://slcapex.com/forums/topic/VSIF/7168/36932 http://slcapex.com/forums/topic/VSIF/7168 ferre howlett

in topic News Story: Election of a new CEO for VSIF by luc33 Bekkers ]]> Thu, 22 Nov 2012 10:17:26 -0800 http://slcapex.com/forums/topic/VSIF/7168/36928 http://slcapex.com/forums/topic/VSIF/7168 yes

in topic News Story: Election of a new CEO for VSIF by elsy Schoonhoven ]]> Thu, 22 Nov 2012 06:41:29 -0800 http://slcapex.com/forums/topic/VSIF/7168/36914 http://slcapex.com/forums/topic/VSIF/7168
Skip Oceanlane

in topic News Story: Election of a new CEO for VSIF by Skip Oceanlane ]]> Tue, 20 Nov 2012 18:15:08 -0800 http://slcapex.com/forums/topic/VSIF/7168/36878 http://slcapex.com/forums/topic/VSIF/7168 84440 in the company (VBL)

i vote yes for ferre howlett

i will post a statement after this voting has ended.

ferre Howlett

www.verballistranslations.com

in topic News Story: Election of a new CEO for VSIF by ferre Howlett ]]> Tue, 20 Nov 2012 17:42:52 -0800 http://slcapex.com/forums/topic/VSIF/7168/36877 http://slcapex.com/forums/topic/VSIF/7168
In doing so, I nominate and vote for ferre Howlett, with my 60,000 shares.

I ask you as VSIF shareholders to vote below, either for ferre Howlett, or for another candidate of your choice.

With your vote, please list the number of shares you own. The election will last for 7 days; specifically through Midnight SLT, Monday, 27 November, 2012.

(Edit by Skip Oceanlane - it's actually midnight SLT, Tuesday, 28 November, 2012, according to US Government standards. Thanks.)

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner

in topic News Story: Election of a new CEO for VSIF by DFH Westland ]]> Tue, 20 Nov 2012 17:35:32 -0800 http://slcapex.com/forums/topic/VSIF/7168/36876 http://slcapex.com/forums/topic/VSIF/7160

in topic VSIF: Trading Resumed by Skip Oceanlane ]]> Mon, 19 Nov 2012 19:57:20 -0800 http://slcapex.com/forums/topic/VSIF/7160/36851 http://slcapex.com/forums/topic/VSIF/7159
Please note that you remain CEO of Virtual Stocks Invest. Fund (VSIF) until you hold a shareholders meeting CEO vote or CEO vote here in the forum as per our rules to elect a new CEO. The 60,000 shares you control are locked Owner Shares, and belong to the VSIF company CEO. If another CEO is elected, those shares go under his or her control. There are also 48,312 VSIF shares locked that were reclaimed from others whose control will be passed to a new CEO as well.

I recommend you conduct a CEO vote here in the forum for 7 days as per our rules. At that point, whoever is elected the new CEO can immediately take over. Notifying all VSIF shareholders of what is happening is highly recommended. I also recommend you make arrangements to transfer the Owner Shares to the new CEO in exchange for tradable shares. Any questions, please ask. Thank you and best of luck.

Skip Oceanlane, CEO
Capital Exchange
www.slcapex.com

in topic News Story: The Torch is Passed at VSIF... by Skip Oceanlane ]]> Mon, 19 Nov 2012 19:52:23 -0800 http://slcapex.com/forums/topic/VSIF/7159/36850 http://slcapex.com/forums/topic/VSIF/7159
I will be turning over my financial records and the VSIF Resident alt to him within 24-48 hours, and he will take complete control of VSIF at that time.

I'd thank everyone for their support of VSIF over the last six months, and wish ferre nothing but the best in the future. After all, I still own 60k shares yet... ;-)

Trading should resume shortly.


Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
Soon-to-be Ex-VSIF Managing Partner


in topic News Story: The Torch is Passed at VSIF... by DFH Westland ]]> Mon, 19 Nov 2012 19:09:04 -0800 http://slcapex.com/forums/topic/VSIF/7159/36848 http://slcapex.com/forums/topic/VSIF/7146
I have been notified of a possible VSIF CEO Owner Share sale by current VSIF CEO Farqot Gustafson. I am going to halt trading and allow the CEO to notify everyone of his intentions and plan, and will take direction from that point forward. Halting trading prevents any insider trading activities based on this information. Thank you.

Skip Oceanlane, CEO
Capital Exchange
www.slcapex.com

in topic VSIF Trading Halted by Skip Oceanlane ]]> Sun, 18 Nov 2012 15:14:39 -0800 http://slcapex.com/forums/topic/VSIF/7146/36820 http://slcapex.com/forums/topic/VSIF/7144
Net Income from Sales: L$ 3,822.00
Dividends Received: L$ 6,121.22
Total Net Income: L$ 9,943.22

This puts our earnings at L$ 0.0119 per share (for a current L$ 0.0060 dividend payout amount), and I've allocated L$ 5,000 so far for this month's dividend payout.

For those who are interested in NAV figures, here they are:

Based upon total cash and the actual cost of stocks held:
L$ 0.9476 per share (compared to L$ 0.9813 at the middle of last month)

Based upon total cash and portfolio market value:
L$ 1.1735 per share (compared to L$ 1.2285 at the middle of last month)

The large difference between actual cost vs. market value is due primarily to the spread between the actual cost of 47,803 treasury shares of VSIF, and the current asking price of L$ 3.94/share.

Also, for those who are specifically interested, here are the total number of shares held in the VSIF portfolio, and their overall cost:
ADS 7,072
BOOT 9,006
CAPX 2,437
DFH 45,418
EDMO 37,000
EVO 85,173
GMC 8,486
GXY 4,994
OIG 5,000
SEC 198,931
SLG 43,567
VSIF 47,807*
VTM 2,500

* Locked VSIF Treasury Shares

Total Current Cost of Shares Held: L$ 449,221.67

Please feel free to ask any questions, or share your concerns between now and the monthend report.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner


in topic VSIF Profitability for November, 2012 by Farqot Gustafson ]]> Sat, 17 Nov 2012 17:31:34 -0800 http://slcapex.com/forums/topic/VSIF/7144/36814 http://slcapex.com/forums/topic/VSIF/6989 Monthly Net Income from Sales L$ 21,386.02
Dividends Received L$ 3.370.54
TOTAL NET INCOME L$ 24,756.56

VSIF had no expenses during October.

ASSETS as of 31 Oct, 2012
Total Number of Shares Held and Overall Cost:
ADS 5,580
BOOT 8,050
DFH 45,418
EDMO 37,000
EVO 85,173
GMC 4,739
GXY 4,994
OIG 5,000
SEC 198,931
SLG 47,495
VSIF 47,803*
VTM 2,500

Total Current Cost of Shares Held: L$ 434,651.55*

* (Includes VSIF Treasury Shares)

Cash On Hand L$ 393,905.71

TOTAL NET ASSET VALUATION:
L$ 828,557.26 (Cost)
L$ 1,005,919.80 (Market)


LIABILITIES
Shareholder's Equity:
L$ 828,557.26 (Cost)
L$ 1,005,919.80 (Market)

Free Floating Shares 784,884
Treasury Shares 47,803
Total Shares 832,687


NET ASSET VALUE
NAV Per Share (Cost) L$ 0.9950
NAV Per Share (Market) L$ 1.2080


Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner


in topic VSIF Profitability for October, 2012 by Farqot Gustafson ]]> Sat, 03 Nov 2012 12:16:29 -0700 http://slcapex.com/forums/topic/VSIF/6989/36586 http://slcapex.com/forums/topic/VSIF/6989
The full financial report will be published tomorrow.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner

in topic VSIF Profitability for October, 2012 by Farqot Gustafson ]]> Thu, 01 Nov 2012 16:23:04 -0700 http://slcapex.com/forums/topic/VSIF/6989/36551 http://slcapex.com/forums/topic/VSIF/6989
Net Income from Sales: L$ 12,431.43
Dividends Received: L$ 2,673.08
Total Net Income: L$ 15,104.51

This puts our earnings at L$ 0.0181 per share (for a current L$ 0.0091 dividend payout amount), and I've allocated L$ 8,000 so far for this month's dividend payout.

For those who are interested in NAV figures, here they are:

Based upon total cash and the actual cost of stocks held:
L$ 0.9813 per share

Based upon total cash and portfolio market value:
L$ 1.3385 per share

The large difference between actual cost vs. market value is due primarily to the spread between the actual cost of 47,712 treasury shares of VSIF, and the current asking price of L$ 4.94/share.

Also, for those who are specifically interested, here are the total number of shares held, and their overall cost:
BOOT 10,557
BSC 4
DFH 20,623
EARN 5,000
EDMO 36,000
EVO 88,716
GMC 6,508
GXY 4,994
LEM 6,500
OIG 5,000
OMG 6,898
SEC 198,931
SLG 52,599
VGW 30,935
VSIF 47,712*
VTM 2,500

* VSIF Treasury Shares

Total Current Cost of Shares Held: L$ 468,238.41

Please feel free to ask any questions, or share your concerns between now and the end of the month.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner

in topic VSIF Profitability for October, 2012 by Farqot Gustafson ]]> Tue, 16 Oct 2012 18:01:07 -0700 http://slcapex.com/forums/topic/VSIF/6989/36283 http://slcapex.com/forums/topic/VSIF/6952
http://www.slcapex.com/forums/topic/VSIF/3035

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
Managing Partner, VSIF


in topic News Story: VSIF 3rd Quarter Financials Posted by DFH Westland ]]> Sat, 06 Oct 2012 14:21:57 -0700 http://slcapex.com/forums/topic/VSIF/6952/36188 http://slcapex.com/forums/topic/VSIF/3035 Quarterly Net Income from Sales L$ 32,098.87
Dividends Received L$ 16,935.68
TOTAL NET INCOME L$ 49,034.55

VSIF had no expenses during Q3.


ASSETS as of 30 Sept, 2012
Total Number of Shares Held and Overall Cost:
BOOT 38,686
BSC 4
EARN 10,000
EDMO 15,000
EFT 15,000
EVO 89,120
GMC 6,923
GVC 4,801
LEM 6,641
OIG 5,000
SEC 193,888
SLG 53,578
VGW 31,188
VSIF 47,712*
VTM 2,500

* (Includes VSIF) Treasury Shares

Total Current Cost of Shares Held: L$ 523,135.56*

Cash On Hand L$ 284,457.46

TOTAL NET ASSET VALUATION L$ 807,593.02


LIABILITIES
Shareholder's Equity L$ 807,593.02


Free Floating Shares 784,975
Treasury Shares 47,712
Total Shares 832,687


NET ASSET VALUE
NAV Per Share (Cost) L$ 0.9699
NAV Per Share (Market) L$ 1.3613


Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner


in topic Financial Reports - for CEO Posting Only by Farqot Gustafson ]]> Fri, 05 Oct 2012 16:53:12 -0700 http://slcapex.com/forums/topic/VSIF/3035/36177 http://slcapex.com/forums/topic/VSIF/6882
Half of that amount puts us at a dividend payout of L$ 0.0078 per share. I will round that off, and declare an even L$ 0.01 dividend, which will be paid immediately after this announcement is posted.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
Managing Partner, VSIF

in topic VSIF Profitability for September, 2012 by DFH Westland ]]> Mon, 01 Oct 2012 17:25:58 -0700 http://slcapex.com/forums/topic/VSIF/6882/36114 http://slcapex.com/forums/topic/VSIF/6882
ADS: 9,028 shares
BOOT: 8,188 shares
CAPX: 270 shares
EARN: 10,000 shares
EDMO: 22,855 shares
EFT: 14,299 shares
EVO: 99,120 shares
GMC: 6,924 shares
GVC: 4,801 shares
LEM: 6,642 shares
OIG: 5,000 shares
OMG: 4,909 shares
SEC: 189,485 shares
SLG: 55,497 shares
VGW: 37,000 shares
VSIF: 47,712 treasury shares
VTM: 2,500 shares

The total cost of these shares is L$ 529,534.28. Cash on hand (including limit orders) is L$ 284,028.40

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner

in topic VSIF Profitability for September, 2012 by Farqot Gustafson ]]> Wed, 19 Sep 2012 17:26:24 -0700 http://slcapex.com/forums/topic/VSIF/6882/36019 http://slcapex.com/forums/topic/VSIF/6882
Thanks in advance,
Alain

in topic VSIF Profitability for September, 2012 by Alain Delpiaz ]]> Wed, 19 Sep 2012 07:17:37 -0700 http://slcapex.com/forums/topic/VSIF/6882/36017 http://slcapex.com/forums/topic/VSIF/6882
Net Income from Sales: L$ 4.642.30
Dividends Received: L$ 4,414.93
Total Net Income: L$ 9,057.23

This puts our earnings at L$ 0.0109 per share (for a current L$ 0.0054 dividend payout amount), and I've allocated L$ 4,750 towards this month's dividend payout.

For those who are interested in NAV figures, here they are:

Based upon total cash and the actual cost of stocks held:
L$ 0.9979 per share

Based upon total cash and portfolio market value:
L$ 1.3698 per share

The large difference between actual cost vs. market value is due primarily to the spread between the actual cost of 47,712 treasury shares of VSIF, and the current asking price of L$ 6.91/share.

Please feel free to ask any questions, or share your concerns between now and the end of the month.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner


in topic VSIF Profitability for September, 2012 by Farqot Gustafson ]]> Tue, 18 Sep 2012 10:49:26 -0700 http://slcapex.com/forums/topic/VSIF/6882/36012 http://slcapex.com/forums/topic/VSIF/6739
Half of that amount puts us at a dividend payout of L$ 0.0161 per share. I will round that off, and declare an even L$ 0.02 dividend, which will be paid immediately after this announcement is posted.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
Managing Partner, VSIF

in topic VSIF Profitability for August, 2012 by Farqot Gustafson ]]> Sat, 01 Sep 2012 06:57:16 -0700 http://slcapex.com/forums/topic/VSIF/6739/35830 http://slcapex.com/forums/topic/VSIF/6739
Net Income from Sales L$ 9,418.92
Dividends Received L$ 7,153.91
Total Net Income L$ 16,572.83

Half of this amount puts us at a L$ 0.0100 per share dividend, and there's half a month to go.

Farqot Gustafson
a/k/a & d/b/a VSIF Resident and DFH Westland
VSIF Managing Partner







in topic VSIF Profitability for August, 2012 by VSIF Resident ]]> Fri, 17 Aug 2012 17:25:14 -0700 http://slcapex.com/forums/topic/VSIF/6739/35644 http://slcapex.com/forums/topic/VSIF/6739
Net Income from Sales L$ 6,136.61
Dividends Received L$ 3,637.95
Total Net Income L$ 9,774.56

I've allocated just over half of that amount (L$ 4,900) towards this month's dividend. Based upon the existing 832,687 shares, we're easily looking at a L$ 0.01 per share dividend over Labor Day weekend.

Please feel free to ask any questions, or share your concerns between now and then. And yes, I do check this forum every day.

Farqot Gustafson
a/k/a & d/b/a VSIF Resident and DFH Westland
VSIF Managing Partner


in topic VSIF Profitability for August, 2012 by DFH Westland ]]> Fri, 10 Aug 2012 17:57:02 -0700 http://slcapex.com/forums/topic/VSIF/6739/35566 http://slcapex.com/forums/topic/VSIF/6702
Since doing so does not hurt us in any way, I am declaring a L$ 0.01 dividend for the month, which will be paid immediately after this thread is posted.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
Managing Partner, VSIF


in topic VSIF Profitability and Dividend for July 2012 by VSIF Resident ]]> Thu, 02 Aug 2012 16:08:11 -0700 http://slcapex.com/forums/topic/VSIF/6702/35452 http://slcapex.com/forums/topic/VSIF/6695
Please note that trading for Virtual Stock Investment Fund (VSIF) has resumed now that a 2nd Quarter Financial Statement has been posted. Thank you.

Skip Oceanlane
CEO and Majority Shareholder
Capital Exchange
www.slcapex.com

in topic VSIF Trading Resumed - Quarterly Financials Posted by Skip Oceanlane ]]> Wed, 01 Aug 2012 18:05:53 -0700 http://slcapex.com/forums/topic/VSIF/6695/35432 http://slcapex.com/forums/topic/VSIF/3035
Income
Net Income from Sales L$ 20,657.17
Dividends Received L$ 12,009.332
Total Net Income L$ 32.666.50

Only Net Income was specifically tracked for that period. This will be changed, starting in Q3.

Assets (Number of shares and overall cost)
ADS 8,293
BOTS 68,660
EVO 73,800
FED 41,438
GVC 1,000
LEM 25,999
SEC 185,564
SLG 56,648
VGW 37,107
Total Current Cost of Shares Held: L$ 293,839.11

Cash L$ 130,646.60

Liabilities
Share Holder Equity L$ 811,897.25

Net Asset Value L$ 811,897.25

Free floating shares 784,375
NAV Per Share L$ 1.0351


in topic Financial Reports - for CEO Posting Only by DFH Westland ]]> Wed, 01 Aug 2012 17:49:34 -0700 http://slcapex.com/forums/topic/VSIF/3035/35431 http://slcapex.com/forums/topic/VSIF/6684
Our rules state that listed companies must file Quarterly Financial Statements. These statements must be posted on April 20, July 20, October 20, and January 20. When a listed company CEO does not file by the cutoff date, I give a 10-day additional grace period to post the late financials. If after 30 days from the end of the reporting period a Quarterly Financial Statement still isn't filed, trading will be halted.

In early 2011, I was often lenient in allowing extra time to file, however I feel that giving 30 days is more than enough time for a company to file a Quarterly Financial Statement at this point. Newly listed companies within 30 days of the filing cutoff have the option of filing the first financial in the next filing period.

The following companies have not filed 2nd Quarter Financial Statements as of today, and trading is halted until further notice until they properly post their Quarterly Financial Statements:

(BSC) Black Swan Capital
(FAC) Fairey Angel Creations
(GDI) GDInc.
(ICE) Int'l Currency Exchange
(IEF) SL Income & Equity Fund
(RDX) Redux Technologies
(NIC) Nestler Investment Corp.
(YSL) Yanko Sella Land Company
(VSIF) Virtual Stocks Investment Fund

As our rules state, accounts of CEO's and company alts will be put on hold, until the trading halt for their company/companies is/are lifted. I encourage all CEO's to please post Quarterly Financial Statements as soon as possible. If anyone thinks I have forgot to halt a company for non-compliance, please contact me privately. Thank you.

Skip Oceanlane
CEO and Majority Shareholder
Capital Exchange
www.slcapex.com

in topic Multiple Companies Halted For Not Filing Q2 Financials by Skip Oceanlane ]]> Wed, 01 Aug 2012 08:41:24 -0700 http://slcapex.com/forums/topic/VSIF/6684/35410 http://slcapex.com/forums/topic/VSIF/6440
Please post a Quarterly Financial Statement for April 1st - June 30, using numbers from Legolas activity as well as activity when you were CEO. Thanks.

Skip

in topic VSIF Profitability for May & June, 2012 by Skip Oceanlane ]]> Wed, 01 Aug 2012 08:37:43 -0700 http://slcapex.com/forums/topic/VSIF/6440/35401 http://slcapex.com/forums/topic/VSIF/6440
Below are the assets of VSIF, as of 19 July 2012, at 10:00 AM SLT:

Cash (inc. Open Orders and Dividend Reserve):
L$ 124,976.55

Shares Currently Held:
ADS: 8,110
BOTS: 56,643
EARN: 2,000
EDMO: 21,000
EVO: 70,000
FED: 41,438
GVC: 1,846
LEM: 25,999
OMG: 10,000
SEC: 181,326
SLG: 55,000
VGW: 37,107
VSIF: 48,312
VTM: 2,500

Total Current Cost of Shares Held:
L$ 684,859.71

Other Assets:
L$ 0.00

Total Assets:
L$ 809,835.71

Total Shares:
832,687

NAV: Approx. L$ 0.9726/share

Farqot Gustafson
a/k/a & d/b/a VSIF Resident and DFH Westland
Managing Partner, VSIF

in topic VSIF Profitability for May & June, 2012 by VSIF Resident ]]> Thu, 19 Jul 2012 10:16:01 -0700 http://slcapex.com/forums/topic/VSIF/6440/35141 http://slcapex.com/forums/topic/VSIF/6440
in topic VSIF Profitability for May & June, 2012 by Alain Delpiaz ]]> Tue, 17 Jul 2012 18:04:48 -0700 http://slcapex.com/forums/topic/VSIF/6440/35101 http://slcapex.com/forums/topic/VSIF/6440
I will have that for you on Friday. RL is busy the next few days, but my schedule will clear up by then.

Farqot Gustafson
a/k/a & d/b/a VSIF Resident and DFH Westland
Managing Partner, VSIF


in topic VSIF Profitability for May & June, 2012 by VSIF Resident ]]> Tue, 17 Jul 2012 15:02:30 -0700 http://slcapex.com/forums/topic/VSIF/6440/35097 http://slcapex.com/forums/topic/VSIF/6440
would it be possible to get an updated asset list from VSIF?

Thanks,
Alain

in topic VSIF Profitability for May & June, 2012 by Alain Delpiaz ]]> Mon, 16 Jul 2012 14:56:47 -0700 http://slcapex.com/forums/topic/VSIF/6440/35055 http://slcapex.com/forums/topic/VSIF/6440
05/2012 Profits: $ 5,596.56
06/2012 Profits: 15,060.60
---------------
Total Profits: $ 20,657.17
---------------

05/2012 Dividends Rec'd: $ 1,295.75
06/2012 Dividends Rec'd: 10,713.58
---------------
Total Dividends Rec'd: $ 12,009.33
---------------
Total Income $ 32,666.50
========

Based upon the existing 832,687 shares, we made approximately L$ 0.0392 per share.

Based upon that income, we'll be paying a dividend of exactly L$ 0.02 per share, later this week. My concern is for us to be profitable, pay a dividend of roughly half our income, and keep the rest of that income to grow the fund.

If you have any questions, please free to ask them here, or to my e-mail: farqot.gustafson@gmail.com

Farqot Gustafson
a/k/a & d/b/a VSIF Resident and DFH Westland
Managing Partner, VSIF

PS - /me hopes the spacing works when I hit the 'Save' button!

in topic VSIF Profitability for May & June, 2012 by DFH Westland ]]> Sun, 01 Jul 2012 10:43:09 -0700 http://slcapex.com/forums/topic/VSIF/6440/34669 http://slcapex.com/forums/topic/VSIF/6435
in topic VSIF: Trading Resumed by Skip Oceanlane ]]> Sun, 01 Jul 2012 07:06:46 -0700 http://slcapex.com/forums/topic/VSIF/6435/34659 http://slcapex.com/forums/topic/VSIF/6317
More info to come.


Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
Managing Partner, VSIF


in topic VSIF Profitability for May, 2012 by Farqot Gustafson ]]> Sun, 17 Jun 2012 07:26:40 -0700 http://slcapex.com/forums/topic/VSIF/6317/34426 http://slcapex.com/forums/topic/VSIF/6317
Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner


in topic VSIF Profitability for May, 2012 by VSIF Resident ]]> Wed, 06 Jun 2012 15:02:57 -0700 http://slcapex.com/forums/topic/VSIF/6317/34264 http://slcapex.com/forums/topic/VSIF/6317
I have set aside just over half of that (L$ 2,800) as Dividends Payable, and will pay a combined dividend for May and June during the first weekend of July.

Please feel free to ask any questions, or share your concerns between now and then. And yes, I do check this forum every day.

Farqot Gustafson
a/k/a & d/b/a DFH Westland and VSIF Resident
VSIF Managing Partner


in topic VSIF Profitability for May, 2012 by Farqot Gustafson ]]> Sat, 02 Jun 2012 16:59:09 -0700 http://slcapex.com/forums/topic/VSIF/6317/34193 http://slcapex.com/forums/topic/VSIF/6167
Farqot Gustafson a/k/a & d/b/a DFH Westland
CEO, VSIF


in topic News Story: Election of a new CEO for VSIF by DFH Westland ]]> Wed, 16 May 2012 15:23:44 -0700 http://slcapex.com/forums/topic/VSIF/6167/33743 http://slcapex.com/forums/topic/VSIF/6167
It appears that Farqot Gustafson has received a majority of voting shares to be elected CEO. Congratulations and best of luck to VSIF.

Skip

in topic News Story: Election of a new CEO for VSIF by Skip Oceanlane ]]> Wed, 16 May 2012 06:02:27 -0700 http://slcapex.com/forums/topic/VSIF/6167/33719 http://slcapex.com/forums/topic/VSIF/6167
I have asked Rusty Roar to clarify that he is voting for Farqot Gustafson for CEO. If that is the case, the vote will be considered closed since there is now a majority for one candidate, and it's been 7 days. At that point, Farqot will be elected CEO and can go forward. Thank you.

Skip

in topic News Story: Election of a new CEO for VSIF by Skip Oceanlane ]]> Sun, 13 May 2012 17:32:26 -0700 http://slcapex.com/forums/topic/VSIF/6167/33630 http://slcapex.com/forums/topic/VSIF/6167

in topic News Story: Election of a new CEO for VSIF by Rusty Roar ]]> Sun, 13 May 2012 11:44:30 -0700 http://slcapex.com/forums/topic/VSIF/6167/33626 http://slcapex.com/forums/topic/VSIF/6167
in topic News Story: Election of a new CEO for VSIF by Eddards Tebaldi ]]> Sat, 12 May 2012 19:53:24 -0700 http://slcapex.com/forums/topic/VSIF/6167/33614 http://slcapex.com/forums/topic/VSIF/6167
If you have any questions, feel free to address them here, or to my e-mail: farqot.gustafson@gmail.com

Farqot Gustafson (a/k/a DFH Westland)
CEO, DFH Coop
Acting CEO, VSIF


in topic News Story: Election of a new CEO for VSIF by DFH Westland ]]> Sat, 12 May 2012 14:04:09 -0700 http://slcapex.com/forums/topic/VSIF/6167/33611 http://slcapex.com/forums/topic/VSIF/6167
I'll answer your question. Anyone can nominate themselves. At this time, Farqot is the only person who has been nominated.

Skip

in topic News Story: Election of a new CEO for VSIF by Skip Oceanlane ]]> Thu, 10 May 2012 13:03:06 -0700 http://slcapex.com/forums/topic/VSIF/6167/33575 http://slcapex.com/forums/topic/VSIF/6167
Are there any other candidates running for the position?
Regards,
Rusty


in topic News Story: Election of a new CEO for VSIF by Rusty Roar ]]> Thu, 10 May 2012 11:28:40 -0700 http://slcapex.com/forums/topic/VSIF/6167/33571 http://slcapex.com/forums/topic/VSIF/6167
My apologies for not answering this sooner. My plan with dividends to pay half of all profits out as dividends (preferably to the L$ 0.01), and to retain the rest for additional investments.

I mention preferably down to the "Linden cent" because small shareholders tend to get the short end of payments when long decimal figures are used, and I would like to avoid that. Any small amounts short of the exact half would be held for the next month, and paid out at that time.

Hopefully, this answers your question to your satisfaction.

Farqot Gustafson
Acting CEO, VSIF
CEO, DFH Coop


in topic News Story: Election of a new CEO for VSIF by DFH Westland ]]> Wed, 09 May 2012 15:25:30 -0700 http://slcapex.com/forums/topic/VSIF/6167/33560 http://slcapex.com/forums/topic/VSIF/6173
DFH started with an initial investment of L$ 349k from 8 investors, and currently has 15 investors holding shares worth just over L$ 845k. From an initial share price of L$ 1.00, the current NAV is just over L$ 1.28/share. This is after losses along the way with ACE, BCX, MNM, and a host of companies traded on the SL exchanges that a lot of you have probably never heard of. Needless to say, I've been doing this for 5 years, and am committed to trading on SL CapEx for the long term.

While most of my success has been accomplished through day trading, my long term commitment to the exchange has brought about an increased interest in holding stocks for an extended period of time—again, for the long term.

When I was told that the VSIF CEO shares were coming available, I jumped at the opportunity to purchase them from Legalos Delgado. Between his recent successes with VSIF, and his previous ones with CapEx:KDC, I knew I would be taking on a good operation.

I do *not* intend to make any radical changes to VSIF, but keep a successful record going. I don't pretend that I'll make everyone perfectly happy from "day one", but I think that shareholders will be pleased with the overall results over the next few months.

As for transparency, here is my RL information:
RL/SL Name: Jon Stevens (SL:Farqot Gustafson)
RL Location: South Bend, Indiana USA
e-Mail: farqot.gustafson@gmail.com

I'm happy to hear from anyone, and to answer any questions that I can. Let's have some fun, and make some money, shall we...?

Farqot Gustafson a/k/a DFH Westland
Acting CEO, VSIF
CEO DFH Cooperative


in topic My vision and plans for VSIF by DFH Westland ]]> Sun, 06 May 2012 18:57:37 -0700 http://slcapex.com/forums/topic/VSIF/6173/33470 http://slcapex.com/forums/topic/VSIF/6167
Kind Regards,
Macbeth kingmaker

in topic News Story: Election of a new CEO for VSIF by Macbeth Kingmaker ]]> Sun, 06 May 2012 18:34:26 -0700 http://slcapex.com/forums/topic/VSIF/6167/33469 http://slcapex.com/forums/topic/VSIF/6167
DFH (Farqot's alt)

in topic News Story: Election of a new CEO for VSIF by DFH Westland ]]> Sun, 06 May 2012 13:31:28 -0700 http://slcapex.com/forums/topic/VSIF/6167/33458 http://slcapex.com/forums/topic/VSIF/6167
Only 100 shares in the index portfolio, so I don't really count, but doesn't it seem a good idea to provide an agenda as the incoming CEO? Or a statement that the fund's policies will remain as they are, or whatever?

Sanne (Marishka's alt for the index portfolio)

in topic News Story: Election of a new CEO for VSIF by Sanne Ashland ]]> Sun, 06 May 2012 13:18:39 -0700 http://slcapex.com/forums/topic/VSIF/6167/33457 http://slcapex.com/forums/topic/VSIF/6167
By doing so, I nominate and vote for myself, with my 189,400 shares.

I ask you as VSIF shareholders to vote below, either for myself – Farqot Gustafson (a/k/a & d/b/a DFH Westland) – or for another candidate of your choice.

With your vote, please list the number of shares you own. The election will last for 7 days (through Midnight, Sunday, 13 May 2012).

Farqot Gustafson
Acting CEO, VSIF
CEO, Digital Financial Holdings Cooperative

in topic News Story: Election of a new CEO for VSIF by DFH Westland ]]> Sun, 06 May 2012 10:47:02 -0700 http://slcapex.com/forums/topic/VSIF/6167/33454 http://slcapex.com/forums/topic/VSIF/6163
There will be some clarifications on this post shortly, as some information is inaccurate. So please hold off on any voting until I speak to the new temporary CEO. Thank you.

Skip Oceanlane
CEO and Majority Shareholder
Capital Exchange
www.slcapex.com


in topic Election of a new, permanent CEO by Skip Oceanlane ]]> Sun, 06 May 2012 09:19:29 -0700 http://slcapex.com/forums/topic/VSIF/6163/33442 http://slcapex.com/forums/topic/VSIF/6163
I therefore:
— Nominate myself for CEO of VSIF; and
— Ask you to vote below, with 'YES' or 'NO'.

With your vote, please list the number of shares you own. If necessary, the election will last up to 30 days (through Midnight, Tuesday, 04 June 2012).

Farqot Gustafson
Acting CEO, VSIF
CEO, Digital Financial Holdings Cooperative


in topic Election of a new, permanent CEO by Farqot Gustafson ]]> Sun, 06 May 2012 08:50:36 -0700 http://slcapex.com/forums/topic/VSIF/6163/33440 http://slcapex.com/forums/topic/VSIF/6142
Please be advised that Legolas Delgado has sold all his Owner Shares in the Virtual Stock Investment Fund (VSIF) to the avatar of DFH Westland, which is the company alt of Farqot Gustafson. Farqot Gustafson is CEO of the private investment fund of Digital Financial Holdings Cooperative, and he has been designated the temporary CEO of VSIF.

I have instructed Farqot Gustafson to hold a shareholders vote for CEO within 30 days of this announcement. To be elected CEO of VSIF, a CEO candidate must obtain 50% of the total voting shares plus 1, which in this case is 743,237 shares divided by 2, plus 1 share = 371,619 shares. I came to this number the following way:

Total Shares Of VSIF: 832,687
CSV Republic Shares: 41,739 (Sigma Stock Fund)
VSIF Resident Shares: 47,712 (Treasury Shares)
Total Voting Shares: 743,236
50% Of Voting Shares: 371,618
Majority Of Shares: 371,619

Note that the 189,400 shares held by DFH Westland are locked Owner Shares and cannot be openly traded currently, however they can be voted.

So with being said, congratulations to Farqot Gustafson/DFH Westland and Digital Financial Holdings Cooperative on obtaining shares in one of the strongest stock funds listed on Capital Exchange. I will hands things off to Farqot at this point to hold the CEO vote as per our exchange rules. If anyone has any questions, please don't hesitate to ask. Thank you and best of luck to everyone at VSIF.

Skip Oceanlane
CEO and Majority Shareholder
Capital Exchange
www.slcapex.com

in topic Temporary Change in CEO for VSIF by Skip Oceanlane ]]> Fri, 04 May 2012 21:03:45 -0700 http://slcapex.com/forums/topic/VSIF/6142/33379 http://slcapex.com/forums/topic/VSIF/6141
Farqot Gustafson has bought my CEO shares in VSIF.

VSIF will be holding a CEO vote within the next 30 days. In the meantime, all assets will be transferred over to Farqot.

Kafka Frugal has bought my majority holdings in GMC.

I am still going to be acting CEO for a minimum nine months for GMC per my agreement with Kafka. After nine months we will decide how to move forward based on my real life situation.

I would like to make it clear that me making these sales is not a reflection on the exchange, in fact I am disappointed that I am going to miss out on what appears to be the next wave of growth here at CapEx. But financially I am going to need as much cash on hand in real life as I can muster.

I am sure there will be questions, so if you have any feel free to post in the forum.

-Sincerely
Legolas Delgado


in topic News on GMC and VSIF by Skip Oceanlane ]]> Fri, 04 May 2012 20:29:29 -0700 http://slcapex.com/forums/topic/VSIF/6141/33377 http://slcapex.com/forums/topic/VSIF/6078 L$s 170,379.60
ADS—8,293--1.0436—9,696.18
BOTS--100,000--1.6484—164,840
FED—41,438--2.1849—90,537.89
SEC—168,117--1.7406—292,624.50
SLG—63,798--1.1063—70,579.73
VGW—42,107--1.0483—44,140.77
VSIF—47,712—1.0984—52,406.86
Total = L$ 839,756.10 (Not including treasury shares)
NAV value = L$s 1.133483

Since the last report BOTS is on the move again, DDE has been completely liquidated along with EDMO, and EVO. DDE was liquated in the final dividend in the company after the disappearance of Delicious Demar. Around half of the treasury shares were sold off as the finally became available from the reclaim process. The current fund value is L$ 1.133483 so .133484 over base NAV of L$ 1.00. This means a dividend of L$ 0.07 will be issued.


in topic News Story: Financial Update - VSIF by Legolas Delgado ]]> Mon, 30 Apr 2012 19:13:04 -0700 http://slcapex.com/forums/topic/VSIF/6078/33139 http://slcapex.com/forums/topic/VSIF/3035


Income
Stock Sales L$88,899.52
Dividends Received L$27,077.02
Total Income L$114,662.75

Expenses
Stock Purchases -L$44,314.32
IPO Purchases -L$0
Exchange Fee -L$1,334.93
Dividend Paid –L$68,792.63
Total Expenses -L$111,173.46

Net Income L$2,155.80

Assets
ADS L$27,132.50
BOTS L$152,480.00
EDMO L$13,457.93
EVO L$52,672.50
FED L$99,273.27
SEC L$295,230.26
SLG L$80,279.95
VGW L$43,315.47

Cash $60,452.43

Liabilities
Share Holder Equity $824,294.31

Net Asset Value $824,294.31

Free floating shares 741,511
NAV Per Share L$1.11


in topic Financial Reports - for CEO Posting Only by Legolas Delgado ]]> Tue, 10 Apr 2012 17:39:15 -0700 http://slcapex.com/forums/topic/VSIF/3035/32517 http://slcapex.com/forums/topic/VSIF/5801
Congratulations on the huge quarterly dividend. At the price VSIF is trading at, it's one of the highest ROI stocks currently listed at Capital Exchange. Keep up the great work.

Skip

in topic News Story: Financial Update - VSIF by Skip Oceanlane ]]> Mon, 26 Mar 2012 09:37:42 -0700 http://slcapex.com/forums/topic/VSIF/5801/32143 http://slcapex.com/forums/topic/VSIF/5801 L$s 118,192.63
ADS—25000--1.0436—26,090
BOTS--100,000--1.4387--143,870
DDE--65,000—0--0
EDMO—14,935--0.9687—14,467.5345
EVO--75,000--0.7458--55,935
FED—46,570--2.1532--100,274.524
SEC—168,117--1.8104—304,359.0168
SLG—72,084--1.1262—81,181.0008
VGW—42,107--1.0303—43,382.8421
VSIF—42335--1.0767—45,582.0945
Total = L$ 887,752.55 (Not including VSIF treasury shares)
NAV value = L$s 1.123237

Since the last report, BOTS has moved up SEC has leveled off, EVO and EDMO took a huge dive. Currently the fun is valued at .12327 over base NAV. A dividend will be issued to the maximum ability keeping in line with the L$ 50,000 back amount and paying out as much to get as close to the L$1.00 base value as possible. This means a dividend of .081895 will be issued.


in topic News Story: Financial Update - VSIF by Legolas Delgado ]]> Sun, 25 Mar 2012 19:28:44 -0700 http://slcapex.com/forums/topic/VSIF/5801/32127 http://slcapex.com/forums/topic/VSIF/5622
"Like GMC, VSIF will have a base buy back of L$50,000 at NAV or in VSIFs case, always at L$1. This will give shareholders liquidity and hopefully confidence in my determination to make this fund successful."

To keep the 50k buy back, 50k needs to be held on reserve.

Either way, a new finacial update and dividend will be posted today.


in topic News Story: Financial Update - VSIF by Legolas Delgado ]]> Sun, 25 Mar 2012 13:58:34 -0700 http://slcapex.com/forums/topic/VSIF/5622/32124 http://slcapex.com/forums/topic/VSIF/5622
Who or what forces you to wait until you can pay a "full" dividend? A fund with a clear policy that has high dividends as its goal shouldn't be hoarding cash until it can pay a "full" dividend.
In doing so, you're defeating the sole purpose of the fund all by yourself.

from the "Delgado Plan":
"All profit above the base NAV value will be declared as a dividend. This means all dividends earned from investments will be returned to shareholders given the NAV is above L$1.00. I will actively be evaluating the assets that VSIF currently holds and selling off the ones that I believe are overpriced. When this happens the net profit from the sale will be added to the monthly dividend."

You'd do your shareholders a favour if you just stick to the plan.
It says monthly dividends, nothing about hoarding cash above 50k.




in topic News Story: Financial Update - VSIF by Nicholas Dufour ]]> Sun, 25 Mar 2012 02:09:48 -0700 http://slcapex.com/forums/topic/VSIF/5622/32116 http://slcapex.com/forums/topic/VSIF/5622
Here is how the portfolio currently looks. The 90 day average system is used for evaluation.
Cash—L$64,518.70
ADS—25,000.00--26495.00
BOTS—100,000.00--120,940.00
DDE--65,000.00--0.00
EDMO—14,935.00--14,663.18
EVO--75,000.00--70,027.50
FED--46,573.00--103,778.62
SAS--40,000.00—39,852.00
SEC--168,117.00—303,652.93
SLG--75,361.00--84,019.98
VGW--42,109.00--41,654.22
VSIF--39,831.00--41,818.57

Total value = 869,602.13 (Value does not include VSIF shares held as treasury)
Total public shares = 792,856
NAV = 869,602.13/792,856 = 1.096797

I would like to point out that those of you who have been buying shares below 1.0967 are doing well for yourselves. As is clear by the listed cash amount, VSIF does not currently have the L$s available to issue a full dividend. A full dividend would require L$80,601.65 above the minimum reserve of L$50,000. As soon as I can sell off either all of SLG or some of SLG and all of SAS, I will post a full dividend.


in topic News Story: Financial Update - VSIF by Legolas Delgado ]]> Mon, 13 Feb 2012 19:30:02 -0800 http://slcapex.com/forums/topic/VSIF/5622/31516 http://slcapex.com/forums/topic/VSIF/5479
I can either do dividends of .01 as I get the 8.3k, or wait till I have sold off the stocks to payout the current over NAV dividend. So far I have been waiting, but the liquidity is not there. Either way I will maintain L$50,000 on hand for buy backs. the current balance sits at 63k

in topic December Dividend by Legolas Delgado ]]> Sun, 05 Feb 2012 10:55:58 -0800 http://slcapex.com/forums/topic/VSIF/5479/31376 http://slcapex.com/forums/topic/VSIF/5479
in topic December Dividend by Lecve Szczepanski ]]> Sun, 05 Feb 2012 09:55:00 -0800 http://slcapex.com/forums/topic/VSIF/5479/31371 http://slcapex.com/forums/topic/VSIF/5489
That being said, if I could find a buyer for the SAS or SLG shares any cash issue would be resolved. And I could issue the .05 dividend that is due.


in topic Company Avatar selling below NAV by Legolas Delgado ]]> Sat, 21 Jan 2012 07:57:14 -0800 http://slcapex.com/forums/topic/VSIF/5489/31025