Archive - Dec 9, 2007
The Latest Doninger Brief
Submitted by Aldon Hynes on Sun, 12/09/2007 - 16:20Well, it is finally online. For those of you who enjoy reading legal briefs filed in The U.S. Court of Appeals won’t want to miss this one:
The Reply Brief of the Plaintiff-Appellant in the Avery Doninger case.
Now, normally, I would not recommend reading legal briefs as a form of relaxing entertainment on a Sunday afternoon a few weeks before Christmas, but this brief is fun to read; either that, or I need to get out more.
Follow the Money, IPOs in Second Life
Submitted by Aldon Hynes on Sun, 12/09/2007 - 13:15Back in November, I wrote about the money supply in Second Life financial markets. During the month of November, approximately L$ 50,000 of new money came into the Virtual Stock Exchange (VSTEX) each day. How much of that was driven by VSTEX and how much was driven by the CEOs of individual companies is hard to say. However, it provides a good baseline for where things stand.
Currently, there are seven companies in IPO on the VSTEX. The offerings are set to expire on the fifteenth, and it looks like many of them may not reach the 50% required subscription rate. VSTEX is having a meeting this evening for the CEOs of the IPOs, so this might be a good time to look at the companies and think about what should happen.
