May 16th 2012, 17:31 EARN Earn2Life.com
by Glaznah Gassner
EARN SPO vote, see the updated details insideDear shareholders and CAPX users,
This is an official proposal of EARN's SPO.
Please vote yes or no. I also appreciate your reasoned comments and positive feedback.
The SPO offer details are following:
- Total shares to create for SPO: 1,200,000
- Price per share: L$2.85
- Total value of SPO: L$3,420,000
All SPO shares are going to the public market.
The financial base of this SPO is detailed here:
= Capital usage =
After finishing SPO, "SL Business Observer" assets will be integrated to EARN, making it an integral part of the business. The capital will be used to to promote SLBO, and partially to improve existing EARN programs, thus raising their efficiency.
= Vote details =
The vote will last for 3 days. The SPO application is also being sent to CAPX CERC for contemporary approval.
= Words from CEO =
Thank you for discussing the previous SPO offer. You've helped a lot to find the solution which suits the company's and shareholders' interests best of all. Thank you for mailing me and discussing the details you wanted to arrange.
Being an owner of several companies, I'm always looking for ways to expand business in Second Life and launch new profitable ventures. SLCapex is an excellent way to show the best sides of the company and I'm proud to list my companies there:
- EARN, sold out in less than 7 days
- BOTS, sold out in less than 24 hours
I'm glad to have a possibility to start providing another useful service in Second Life within the company you already know well.
EARN & BOTS CEO