RDX: Redux Technologies
In a world where everything is broken, a handyman is never short on work.
|Total shares: 1,750,000|
Company Tagline: In a world where everything is broken, a handyman is never short on work.
CEO's RL/SL Name: (SL:Redux Dengaku)
CEO's Real Life Location: Shanghai, China
CEO's Email: None
Company Avatar: Redux Dengaku
Company Website: None
Directors, Company Officers
CEO Redux Dengaku
Cash On Hand: 3,000,000
Land Owned: 983,040
Tangible Assets: 5,300,000
Monthly Revenue: 1,265,375
Monthly Expenses: 1,172,625Hello From The Chairwoman: As the person who single handedly built and scripted the ATM and helped develop the trading platform in 2006 that first allowed people to buy and sell stocks in SL, as the person who from scratch built the very first stock ticker and whose code was later stolen by no fewer than 3 other stock trading companies in SL, as the person who was heavily contracted for 9 of the very first 10 tradeable companies inside SL and who founded and owned the 10th, and as the person who as far as I know holds the title for largest company in the history of SL with the creation of 100 million shares at 1 lindens per share... I can say without any hesitation that you're better off putting your money in RDX than anywhere else.
RDX is the oldest tradeable company in Second Life, we pay among the highest dividends, our business is consistent to the point of being boring, we've withstood bank failures, finance failures, countless thefts, stock market crashes. If you had bought a share of our stock 4 years ago you'd have already broken even. In fact as far as I know I'm the only one who routinely tripped security alarms in the early days every month by putting 2 million in and out of the ATM to pay dividends.
When the WSE went offline I was the only CEO still paying dividends thanks to a script I wrote that distributed the 100 some odd payment to shareholders. I still hold a credit line in excess of 30,000 US dollars dedicated exclusively to keeping this company running. RDX has sent me to Japan to negotiate sim purchase deals on 20 sims, I've bought and sold over 100 sims through Linden Labs, I've sent my employees on actual mexico cruises (not at a sim, but an actual made out of wood solid boat).
RDX isn't a "great idea", there's nothing clever about what we do. Nothing is cutting edge or experimental. I work, money comes in, I pay the bills, money goes out. I've had a hand in every aspect of SL's business from scripting to running casinos to land barony to clothing design. I'm smart enough to turn a profit no matter what and stubborn enough that I'm never going to let RDX die. I've had too many T-Shirts with the RDX logo printed up to give up on this company without a fight.
Any given month may not be profitable (hell we lost 5,000 US in a single month before when those stupid double prim void sims came out and everyone bailed), but whether or not we draw a profit in any given month RDX has brought in enough money in the last 6 years to keep dividends going.
So the question you should be asking yourself is this: why in the grid would you put your money ANYWHERE else?
CEO Redux Dengaku
RDX makes money.
RDX is 100% operated by someone who is confident enough to get things done and smart enough to know when something is impossible.
Use Of Capital
At the moment and until further notice, all functionality is invested in running sims, renting them out, selling them and so forth.
Keep making money.
LL could make mainland free or go out of business, but there's not much I can do about that. If that happens, I'll have to get back to scripting or clothing design or robbing people in night clubs with a prim dagger.
CEO Redux Dengaku