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All posts by Jodok Winkler

Oct 19th 2007, 16:37
Jodok Winkler 		SL Capital Exchange Archive » Share price increase
Re: Share price increase
And why I pay 1.40 when I will buy 1 share. But when I will sell 1 share I earn only 1.00 and minus 0.03 fees, also 0.97 L$?
The difference from 1.00 to 1.40 at the same time only for buy or sell it's very strange and to big.
And also impossible to earn some money with shares, if they not duplicate there value
Nov 10th 2007, 15:50
Jodok Winkler 		General Investment Discussion » Midas the next...
Re: Midas the next...
Sorry but i can't believe it. Who explain it when someone is bankrut?
It's new that another company can make this. Thats is only possible if Midas owes to WSE, but here we have the other thing. That is against all what i know, also in RL. Never see that the debitor declare the bankrupt against a creditor.
And why WSE will only help shareholders? Because they have shares from WSE. There exist also people, like me for example, who invest in a normal bank account because the risk to invest in funds and share was to big.
In each normal Bankrupt this peoples are creditor with a major order and must pay out first.
If Midas Bank is really bankrupt then it is not the business from WSE to play the bankruptcy trustee as debitor, because they will advantage herself against creditors. Show the example from JohnLuke Seale. For me this is illegal and if they go to a RL court, i'm sure that WSE will have trouble because preferential treatment from debitors (and especially themself) against creditor and abuse of power.
Sorry for my English, but i speak bad English very good
Nov 12th 2007, 14:40
Jodok Winkler 		General Investment Discussion » Midas the next...
Re: Midas the next...
Thanks iVentures Voliant for your answer.
But for me WSE will become another Problem. Some law's are missing in the Internet and always the justice try to applicate the civil code from the real life in this cases. There are examples enough from processes in civil courts. (Show only the story with the online casinos). I don't know exactly the american Law, but i know some of the european law's. The most of this law are very similar in the most important articles.
If Midas Commons go to a civil court, it will be in the USA, also because LL is in the USA. Im sure in this case the american law about bankruptcies will applicated. I'm also sure that they not are interessted about SL polices and guidlines etc. because they are not civil code.
At first they will check who start the bankrupt (The first Problem for WSE, because they are not authorised to do it)
Then they will also show if Midas has encash al assets (Also all dept form WSE). After this you will have a allocate key for debts and there priority.
Nothing against all the polices and guidlines, but they will not work if the limit to the real world is passed.
Now a look in the future (my opinion)
I'm sure when LL one time will create a guidline or something like a intern law, then this law will be follow the real law from the USA. With this LL will avoid process in RL for SL Stuff, because this is negtive publicity.
Please iVentures don't misunderstand me, but im mean that all from WSE taken actions are against law, also if they have a honest goal. And SL isn't a legal black hole. For all missing article a civil court will applicate the civil code.
Nov 16th 2007, 08:15
Jodok Winkler 		General Investment Discussion » Midas the next...
Re: Midas the next...
Midas is back, at least in the SL Search. The story will continue ...........
Nov 16th 2007, 09:32
Jodok Winkler 		General Investment Discussion » LukeConnell Vandevere speaks on Midas issue
Re: LukeConnell Vandevere speaks on Midas issue
Sorry Ashleigh wade, but with the last two point i contradict. Midas had about 10% liquid and that this was the problem. But now i like that someone say how much you must have liquid. One time i heard that in RL is about 10%, but can be more. I'm not authority for this question.
To the last point i see that here all only think about the depth from a shareholder. Are you sure that this are the only dept? And when Midas has (This is only a example, but can be real) to pay a RL Programmer because he made the ATM's or the code? Or all the people that invest only in a normal Bank account, because in RL this account are saver. In the RL this are all debtee with higher priority. But with the Exchange Controlled Bankrupt the rules will inverted. The only way is that a independent liquidator will organize all this. If no rules or guidelines exist for this case, why all the exchanges don't create this job? Perhaps in co works with LL? I can envisage that LL is happy with a intern solution when this avoid problems for them self
Dec 2nd 2007, 15:11
Jodok Winkler 		General Investment Discussion » Midas the next...
Re: Replay with another victim
That has nothing to do with Midas, at the first look. But at the second look to this it remember me to the case.

http://sl-virtual-world-news.com/content/view/1355/122/

Sorry, but for me Luke is a pro Frauder. Always with the same system to change shares and bonds to worthless WTF Shares and he stay with the real shares with the real worth in his name and win. And alway the shareholders lose in this game.

I hope that the SL financel communitiy will stop him, when LL don't do it
Jan 6th 2008, 14:43
Jodok Winkler 		General Investment Discussion » WSE Shuts Down For Up To 30 Days Without Prior Notice
Re: WSE Shuts Down For Up To 30 Days Without Prior Notice
I mean that Luke will return after 30 or 45 days's. But i also mean that the statement from LL (http://blog.secondlife.com/2008/01/02/use-caution-in-dealing-with-third-party-l-sites/) has also to do with this bank holidays and i'm not alone with this. Luke must work in this time about his strange fictive currency or money because when you read the blog you will see that LL has another opinion about fictive currency and there value. They will work together with foreign police to avoid frauds. From this point the story with Ginko, Merlin and Midas are not finished yet but he also cannot shut down WSE without problems with LL and the Law
Mar 25th 2008, 14:43
Jodok Winkler 		General Investment Discussion » DDE Delists from WSE
Re: DDE Delists from WSE
Easy. Delist 84 from this 96 companys
Apr 8th 2008, 17:56
Jodok Winkler 		General Investment Discussion » Cash Yiyuan I Did What You Said Now Where Is My Lindens?
Re: Cash Yiyuan I Did What You Said Now Where Is My Lindens?
Sorry AMX but was is this? It was your choice to selling them that low. It was also our choice to buy SLW for 1 $L? No one ask me if i like to swap my L$ to SLW. I'm now waiting about 2 months to sell my stock for 1.03 and I'm waiting and waiting and...
And there are peoples how need the money. AMX what is your suggestion? That they buy $L with here Credit card and hope that the price for SLW will go to 1.03 L$ one time? And when he never go up? Or in 2 Years?
If you buy stocks, then it's your risk and i will say nothing, but if your L$ will swap without your permission, this is another history.
Please AMX Vita don't come again with this, that was your choice. With our choice we never buy SLW and I and a lot peoples have our $L
Apr 11th 2008, 11:42
Jodok Winkler 		General Investment Discussion » Cash Yiyuan I Did What You Said Now Where Is My Lindens?
Re: Cash Yiyuan I Did What You Said Now Where Is My Lindens?
Yes @AMX i understand this before. But my comment was very ironic, like your comment also i mean. You are talking about a choice to sell something where peoples like he and me and all the others never had the choice to buy or not to buy. One day my L$ are gone and instead i had some SWL with less value in my Portfolio.
It's very ironic if you say that some one lose money because he sell at a low price. If they never swap the L$ to SLW we never lose one only L$. And if we had the choice we never buy the SLW and then we also never had this discussion.
I will show what you say when your bank in real life swap your money to shares and this shares lose a lot of there value in the next minute. And when you must pay your flat, or credit card or ever what at the end of the month, then it's also your choice to sell this shares for a less value only to pay your bills.
Sorry but for me your and also the comment from other peoples here is very ironic when you talk about sell low. I wait now about three month to sell my shares for 1.03 but nothing. Possible that this is tho only way to get some $L back to sell low.
I alway did was they from JTF say to me and now I'm waiting and waiting and..... (3 months is a long time in SL a gestation is about 6 weeks in SL. That means I'm waiting now about 1 and a half year)
@AMX and all the other finance specialist: I hope you understand me but you don't lose money because you sell low. You lose money because JTF swap your $L again SLW and with this also swap the own risk to the customer.