Mar 1st 2011, 18:42 APT Alpha Phoenix Trading
by Mech Resident
Alpha Phoenix Trading formally appoints Chief Financial OfficerAPT: Alpha Phoenix Trading Announcement
I would like to welcome APT's new CFO - Legolas Delgado. Legolas experience within the SL Financial Community adds strength to APT's new vision.
A letter of introduction is below:
To all Alpha Phoenix Trading shareholders and interested parties
My name is Legolas Delgado and I would like to thank Cash Yiyuan for the
position he has offered me as CFO of Alpha Phoenix Trading. I have
graciously accepted this position and look forward to working with Mr.
Yiyuan in repairing, restoring, and raising the value of APT for all of
its shareholders. As CFO of APT, my duties are to prepare the quarterly
financials, do cost-benefit analyses of opportunities that are presented
to APT, and assist Mr. Yiyuan in making decisions on dividend payments and
functionality of operations.
I have been involved, following and working in the Second Life Financial
community since before the first major stock exchange, the World Stock
Exchange (WSE), was operational. My first venture in Second Life was a
company named Investor Business Weekly, a newspaper company designed to
report on the Second Life Financial Markets. That undertaking was short
lived, simply because in the beginning there was not enough news to report
or people to read the reports.
The majority of my Second Life time was spent working on my company
Karlfedt & Delgado Mutual (KDM), and a sub company that actually went to
IPO on AVIX (now SLCapEx) Karlfedt & Delgado Capital (KDC). KDM functioned
as an Investment firm that offered guidance on listed companies and
provided bonds to Second Life users. KDM used those bonds to invest in
other companies and help grow the Second Life economy. KDC initially was
intended to be an underwriting company. However after one month of
operation, Investor Allen (Old CEO of AVIX, and professional scam artist)
decided to change the rules so that KDC could no longer underwrite IPOs.
This forced KDC to turn into an Investment Group. KDC originally IPOed
shares for .50L$ each. In just 4 months under my management, KDC was able
to pay out a total of .08L$ per share in dividends, or a 16% ROI over the
4 months. In October 2007 of that year my real life took a turn for the
worse, and I needed to hand the company over. I have never left Second
Life, just watched from afar. Keeping tabs on what was happening, hoping
that the community would not die and that it would come back to prosper.
This is that time, the financial community of Second Life has a breath of
fresh air, and I hope to help turn that breath into a gust. Something a
Phoenix can use to soar on.
Today, my exposure to Second Life is limited to the website that I run
www.DIGsecondlife.blogspot.com, the website evaluates publicly traded
Second Life companies, and comments on events and issues happening in the
financial system of Second Life. As a note I will not use DIG to evaluate
APT since there would be a conflict of interest.
That being said, I am happy to be on board and look forward to growing APT
and SLCapEx for all.