Oct 26th 2011, 05:12 VSIF Virtual Stock Invest. Fund
by Legolas Delgado
Letter to the Public - VSIFLetter to the Public
First I would like to thank Skip and Delicious Demar for bringing this opportunity to me, Ms. Demar has been a big part of SL finance since it’s inception and has done her very best to maintain a positive environment for all investors and lead companies that generate income for those that invest with her. I wish her the best of luck in all of her future undertakings.
As stated by Skip, I will be having a meeting for VSIF in the next 30 days to determine who will be the long term CEO. I would like to point out that I have full intentions of running for CEO of VSIF. I will be working on a fund strategy here in the next few days that will clearly state how I would handle the assets and investments for VSIF and it’s shareholders. I am not going to use the same exact model that I have for GMC because that gives investors no variety. That being said, I realize sometimes people become concerned when a company changes CEOs and because of that reason I am going to place a L$100,000 buy order at the price I have valued VSIF at, 1L$. Those who wish to sell their shares of VSIF will be able to do so at NAV price. I will be using company funds to accomplish this objective.
Also, because the short amount of time I believe that the BOTS IPO is going to be up, and the tremendous value it holds as a company and stock. VSIF is going to buy L$100,000 shares worth of BOTS. As we have seen with the CEO of BOTS previous company (EARN), it has a huge potential for growth and dividends. This is one of the most undervalued IPOs to come across the board in a while and I don’t want VSIF shareholders to miss out.
I realize many of you are going to have questions and concerns. I am here to give as much help to all of you looking to understand what is going on with your investments and how this impacts your future.
I have a strong track record here in Second Life, and I am going to maintain that fact.