Yesterday, I wrote some background on Countless Galaxies (CGI) and Frank Corsi, known as Jasper Tizzy. Here, I’ll provide a little more history about CGI.

I will be keeping the most current post on the front page, but previous posts can be found in the games section of this blog.

After CGIs first month of glowing press releases on the World Stock Exchange (WSE), the CGI website doesn’t show any new press releases. Since CGI moved from the World Stock Exchange, there isn’t information that can be gathered there either. However, on July 24th, news came out that been hacked and L$ 3.2 million were missing. Mystik Boucher wrote a blog post on your2ndplace about the event, since it was allegedly the chairman of Mystic Designs (MDS) that did the hacking. More about the event can be read at SecondLifeInsider and the Finance section of The Secondlife Newspaper.

On July 29th, CGI and another company controlled by Jasper Tizzy, Atlas Venture Capital (AVC) announced they were moving from the World Stock Exchange to the International Stock Exchange (ISE).

Then on August 19th, Jasper announced that he would be moving from ISE to the Virtual Stock Exchange (VSTEX). Nobody Fugazi wondered if some of the delisting was in response to a new policy at the ISE where CEO's and their alts that resolve to the same ip address will have their transactions displayed for the last 10 days. This raised lot of complaints about the Second Life Terms of Service about revealing real life information. However, it was noted that the information being revealed was not from within Second Life. (As a note, all of the information I wrote about Jasper came from websearches and not from Second Life. I have not met Jasper either in Second Life or outside of Second Life.)

Jasper responded to the rule by saying, “As CEO of CGI / AVC we would like to ask ISE to not display any of my investors ip addresses or alt names.” A little later, Jasper announced “AVC and CGI has made the decision to halt tradding and delist from the ISE effective asap.”

Two days later, Your2Place reported that Jasper allegedly ran off with 150K of ISE's Capital. The issue was later resolved, but it did raise further questions about Jasper, as well as, at least in my own mind, VSTEX.

All of this leads us to the most recent developments. On September 14th, VSTEX announced, AVC - CGI - KFM temporary trading halt. “Jasper Tizzy is leaving Second Life and is selling out his business.”

On the 17th, the next development occurred. VSTEX posted a message from PatrickJ Ah about PatrickJ’s roll in attempting to salvage CGI. The meeting last night was part of PatrickJ’s efforts.

With that as background, my next post will finally, I hope, get to the details of the meeting and some subsequent discussions of how CGI and perhaps AVC can move forward. However, that will have to wait.