Oct 7th 2011, 19:08 GXY Galaxy Corporation
by Galaxy Lexenstar

Galaxy Corporation (GXY) September 2011 Report

During the month of September Galaxy Corporation has been extremely busy, building valuable assets for the company.
We have hired several contractors to help us with scripting, graphic designs and customer service.
Payment for services will begin in Oct. 2011. The tier sponsorship from Christy Novaland has ended and we have now begun
to pay the sim tier of 53k L$ per month ourselves. We did re claim her 2.5 million shares of GXY shares.
The shares have been added to the company treasury shares.

Galaxy Gadgets has been building Niche Directory Devices for groups, it has also spent a great deal of time upgrading the trash game
The new features will be well liked in the SL gaming community.

Galaxy Estates has started to expand its offerings with 4x 1024 sm parcels on mainland to rent land using its new turn key residential rezzer system.
Expanding upon the rentals at the Galaxy Shopping Center has been a success, with store and ad board rentals.



Cash on hand = L$302,189
Cash on hand = C$ 8,349


Total Sales = L$34,023

Expenses = L$25,295

Land Tier = L$53,000

List of Current Assets:

Galaxy Corporation Assets 10/05/2011

Land Owned:

Mount Owen - 65,200 sm - Value = 360k L$

Highflyer 1 - 1024 sm - Value = 2500 L$
Highflyer 2 - 1024 sm - Value = 2500 L$
Siringo 1 - 1024 sm - Value = 2500 L$
Siringo 2 - 1024 sm - Value = 2500 L$

Peronaut - 1760 sm - Value = 18,000 L$

Castaneae - 3056 sm - Value = 38,000 L$
Jessgate - 320 sm - Value = 25,000 L$
Putnam - 288 sm - Value = 27,000 L$


Buildings and Improvements

-Mount Owen -
Galaxy Shopping Mall Value = 200k L$
Graves Castle Value = 225k L$
Other Buildings = 15k L$


- Highflyer and Siringo -
Rental with Multi Scene Rezzer - Value = 100k L$
(4x parcels value 25k L$ each)

- Peronaut -
Rental with Commercial Build - Value = 6,500 L$

- Castaneae -
Galaxy Games Headquarters - Value = 218k L$

- Jessgate and Putnam -
Remote Galaxy Games Location - Value = 5,000 L$
(2x parcels value 2500 L$ each)


Website and Domain Name

GalaxyGrid.com = 228,000 L$
GalaxyGrid.net = 100,000 L$
Ning Website (galaxygrid.ning.com) = 28,750 L$
Primary Website = 350k L$
Data Network Website = 215k L$

Galaxy Gadget Inventory
Multi Scene Rezzer = 750k L$
SciFi Gadgets = 875k L$
General Gadgets = 575k L$
General Vehicles = 117k L$
Avatar Clothing = 95k L$

Galaxy Estate Inventory
Rental Skybox Buildings = 250k L$

Galaxy Token Game
Trash System = 5,500k L$
Security System = 1,500k L$
Vendor System = 2,000k L$
Virtual Servers = 500k L$


Bloodlines Kiosk
Directory / Marketplace and Events system = 2500k L$
Blloodlines Kiosk HUD = 115k L$


Galaxy Fashion Directory
Directory / Marketplace and Events system = 2500k L$
Fashion Directory HUD = 15k L$
Headquarters Building = 25k L$


Avination Branded Catalog and Directory
Directory and Catalog system = 4800k L$
Catalot and Directory HUD HUD = 15k L$


RL Server / Software = 1650k L$


Misc Graphics and Supplies = 15,710 L$

Asset Value Total = 25,751,960 L$



Our next Shareholder Meeting will be Oct 15, 2011 noon SL time at Capex Meeting room 2nd floor

Galaxy Lexenstar
CEO Galaxy Corporation (GXY)