Jan 10th 2012, 14:53 System Announcement
by Skip Oceanlane
CapEx Class B Stock ProposedDear Capital Exchange Members:
I invite you all to look at a new type of stock I am proposing to list at Capital Exchange - CapEx Class B Stock.
Let me make it clear - this will never replace the regular stock of a company listed at Capital Exchange, as it's meant to be an equivalent to a "financial derivative certificate". Because they are interest based, we are prohibited from listing that here, however I thought of a way to list it as a stock and meet certain legal criteria as well as stay within the Terms of Service of Linden Lab. Again to be clear, it's meant to be a part of an existing listed company - not someone who comes along and wants to list just Class B stock where shareholders don't have a full voice in company matters.
Please take a look at the full proposal here:
Note that this is only a draft, and the final version, if passed, is surely to be different than what you see there. Your comments and input are an important part of the process and appreciated. Thanks.
CEO and Majority Shareholder