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Skip Oceanlane

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Everything posted by Skip Oceanlane

  1. Since 2011, I ran Capital Exchange Stock Market Simulation Game (CapEx) at slcapex.com (now at onlinecapex.com). It's a game of skill that used to use L$ to play. I was one of the affected operations with the new skill gaming requirements, and I applied as an Operator, as well as for the Game itself. Technically my application is still active, but I chose to move the game outside of Second Life for now because of their unreasonable skill gaming application process. After applying for a license and 3 months of basically hearing nothing from Linden Lab, I was finally contacted by an attorney
  2. Send an IM to Glaznah Gassner. He should be able to assist you. Give a few days for him to reply as I don't think he signs on daily. Good luck. Skip Oceanlane, CEO Capital Exchange http://www.slcapex.com
  3. Perrie: I covered your answer in another thread: http://community.secondlife.com/t5/General-Discussion-Forum/Secondlife-stock-exchange/td-p/1442309/page/2 Any questions, I'll be happy to answer. Thanks. Skip
  4. Dillon: You are incorrect. These are not real life investments, and I'll point out that the Linden is not a government-issued currency. There is a distinct legal difference between using Lindens and using a government issued currency for what we do, like perhaps using the Euro or US Dollar. We are a game of skill operating within Second Life using Lindens. The object of the game is to get Lindens by playing the virtual stock market, and there are no real life legal entities listed. Simple as that. When you buy our virtual stock, you're giving Lindens to a specific person - not to an act
  5. Perrie: The name "Moneyservers" belongs to the person behind the virtual company, who also owns the rights to the name in real life. The two entities are separate as I previously explained. I have no idea if there is an actual corporation in the home country the CEO resides of "Moneyserverz Inc" or an equivalent. Maybe it's a one-person operation like Capital Exchange is? You would have to ask the person of each listed company on our exchange. But again, the virtual stock listed is not part of any legal rl entity. Thanks. Skip
  6. Perrie: You are not buying shares in a real life company. The companies that are listed are fictitious - Capital Exchange is just a game. Let me give you an example - Capital Exchange (CAPX) itself. The software, website, etc. is owned by me personally. There is no real life corporation of "Capital Exchange" - that is just the name I use within SL for the game. Now, any Linden profits I withdraw and convert into US$ are listed under my own personal income taxes (IRS take notice!) but there is no rl corporation involved. It's up to each CEO how they wish to organize things in rl, and I
  7. To All: I am the CEO of Capital Exchange Stock Market Simulation Game (www.slcapex.com) and I'd like to respond to some things posted in this thread. First, mischief Goldshark is correct to a certain point - Absolut Model Group (ABS) was halted because the CEO left SL and is not responding to anyone anymore. After being in SL since 2007 and running an active and perceived successful modeling group, she had some rl issues and apparantly closed down the company. Unfortunately this was only about 45 days after listing at Capital Exchange. Remaining assets are going to be liquidated, and sha
  8. It should be noted that here we are 14 months after I took over Capital Exchange and it's going stronger than ever. I listened to the concerns of many about the lack of regulation, and created the Capital Exchange Regulatory Commission (CERC). This 11-person volunteer Board that is appointed by me has substantially helped create a regulatory environment to ensure exchanges rules are being followed. This Board, combined with our more conservative policy and rules of what virtual company can list has resulted in an extreme reduction in the number of companies that have failed from before Janu
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