http://slcapex.com/forums/browse/JTIC en-us Fri, 21 Nov 2008 21:21:40 -0800 Fri, 21 Nov 2008 21:21:40 -0800 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/JTIC/2292
in topic What's happening: no October dividend, no messages by WieBenIk Beaumont ]]> Sat, 18 Oct 2008 22:45:22 -0700 http://slcapex.com/forums/topic/JTIC/2292/16766 http://slcapex.com/forums/topic/JTIC/2292
in topic What's happening: no October dividend, no messages by Arbitrage Wise ]]> Fri, 17 Oct 2008 07:25:07 -0700 http://slcapex.com/forums/topic/JTIC/2292/16746 http://slcapex.com/forums/topic/JTIC/2292
-Arbitrage

in topic What's happening: no October dividend, no messages by Arbitrage Wise ]]> Fri, 17 Oct 2008 07:21:22 -0700 http://slcapex.com/forums/topic/JTIC/2292/16744 http://slcapex.com/forums/topic/JTIC/2292
in topic What's happening: no October dividend, no messages by BillyBob Koolhoven ]]> Sun, 12 Oct 2008 10:54:13 -0700 http://slcapex.com/forums/topic/JTIC/2292/16689 http://slcapex.com/forums/topic/JTIC/2292
in topic What's happening: no October dividend, no messages by WieBenIk Beaumont ]]> Sat, 11 Oct 2008 03:39:46 -0700 http://slcapex.com/forums/topic/JTIC/2292/16669 http://slcapex.com/forums/topic/JTIC/2224
in topic whats up with the september dividen for jtic??? by Malcolm Sholokhov ]]> Thu, 04 Sep 2008 12:10:48 -0700 http://slcapex.com/forums/topic/JTIC/2224/16134 http://slcapex.com/forums/topic/JTIC/2224
in topic whats up with the september dividen for jtic??? by BillyBob Koolhoven ]]> Thu, 04 Sep 2008 07:20:40 -0700 http://slcapex.com/forums/topic/JTIC/2224/16123 http://slcapex.com/forums/topic/JTIC/1967
in topic Was that a buyback? by Dave Beaumont ]]> Wed, 04 Jun 2008 15:25:43 -0700 http://slcapex.com/forums/topic/JTIC/1967/13954 http://slcapex.com/forums/topic/JTIC/1967
in topic Was that a buyback? by Solaris Gaffer ]]> Wed, 04 Jun 2008 07:54:14 -0700 http://slcapex.com/forums/topic/JTIC/1967/13945 http://slcapex.com/forums/topic/JTIC/1854
Whats the name of the company that holds the funds?


Arb, once you get any money back contact me, i have some AWESOME baseball picks, let`s double it up!


A "Sportsbetting Funds" would be fun here :D




in topic JTIC Shareholder's Meeting Transacript by Sportsbets Writer ]]> Sun, 01 Jun 2008 21:53:22 -0700 http://slcapex.com/forums/topic/JTIC/1854/13822 http://slcapex.com/forums/topic/JTIC/1854
in topic JTIC Shareholder's Meeting Transacript by Dave Beaumont ]]> Sun, 01 Jun 2008 17:07:00 -0700 http://slcapex.com/forums/topic/JTIC/1854/13808 http://slcapex.com/forums/topic/JTIC/1854
in topic JTIC Shareholder's Meeting Transacript by Arbitrage Wise ]]> Tue, 27 May 2008 10:13:16 -0700 http://slcapex.com/forums/topic/JTIC/1854/13656 http://slcapex.com/forums/topic/JTIC/1854
I have contacted them today and still got the same message, and will try again in a few days until we get a definitive answer.

in topic JTIC Shareholder's Meeting Transacript by Arbitrage Wise ]]> Tue, 27 May 2008 09:02:00 -0700 http://slcapex.com/forums/topic/JTIC/1854/13652 http://slcapex.com/forums/topic/JTIC/1854


in topic JTIC Shareholder's Meeting Transacript by Nestor Kembla ]]> Sun, 25 May 2008 20:12:39 -0700 http://slcapex.com/forums/topic/JTIC/1854/13618 http://slcapex.com/forums/topic/JTIC/1854
I'd quite like to get an answer on when, as you were very positive at the meeting that the cash would be in the account ready to start a buyback by now...

Please don't leave us in the dark here?

in topic JTIC Shareholder's Meeting Transacript by Dave Beaumont ]]> Wed, 21 May 2008 17:56:49 -0700 http://slcapex.com/forums/topic/JTIC/1854/13445 http://slcapex.com/forums/topic/JTIC/1854
Arb - you said you'd already started the process for a L$2M cashout, which would take around 2 weeks to show up in the account here to make the buyback. Given that was mentioned in the meeting on May 6th, when can we expect to see the buyback start?

in topic JTIC Shareholder's Meeting Transacript by Dave Beaumont ]]> Sun, 18 May 2008 05:00:39 -0700 http://slcapex.com/forums/topic/JTIC/1854/13351 http://slcapex.com/forums/topic/JTIC/1854 [12:05] ferre Howlett: hi soizie
[12:05] You: Three things I want to discuss today, and we'll probably have another meeting later to get other's opinions
[12:05] You: 1) Share buy backs 2) Asset liquidation time frame 3) Possible continuation of JTIC
[12:06] You: We have already processed a cashout of about 2M of the JTIC investments to start doing share buybacks for those that do not want to continue with JTIC
[12:07] You: In doing the buybacks, shareholders will need to place their shares on the market, which we will buy back at 1L per share
[12:07] You: Someone brought up the idea that they'll have to pay a commission on the sales... unfortunately, JTIC and Capex are not related, so the seller will have to absorb the costs
[12:08] You: Once we get the funds, we'll start buying back the shares
[12:08] You: Using this method, it'll allow for the fairest market transaction so that we do not have to pick who gets their money back first
[12:09] You: As for the timeframe, it takes about a total of 2 weeks for the funds to hit SL
[12:10] You: It has to go out of our investment accounts and wired to our banks, then from our banks converted to L$ at a decent exchange rate
[12:10] You: each process taking 3-5 business days
[12:10] 67: Silverblade Dagger, say '/1 Hide' to hide me, or '/1 Show' to make me show. Or just right-click and sit on me to use me.
[12:10] You: So we do expect to be buying back some shares in about 1-2 weeks
[12:11] You: The final thing we need to discuss is whether some investors want to continue with the JTIC investments
[12:11] You: We have now entered the slow month summer month, but there are still profits that can be made
[12:12] You: We have projected a profit of about 3-5% a month until September
[12:12] Dave Beaumont: Personally Arb, I'd rather the whole thing was shut-down like the original prospectus said, and then if you are willing to go through it all again, launch a new one in October/November which will allow people to buy back IN at 1L again.
[12:13] You: Actually, if we do shut it down, we'll probably not offer it again.
[12:13] You: We actually have RL investors willing to commit in September
[12:13] Silverblade Dagger: How does this jive with the LL ban on interest?
[12:14] You: We're not paying interest b/c there's no fixed return
[12:14] You: 3-5% is what we project between May - September
[12:15] You: So if we do start processing the cashout of all investments, we're probably going to shut down JTIC
[12:15] Dave Beaumont: Would carrying on with JTIC have ANY benefit at all to SLW investors who are still panic buy & selling. I mean, could some of the profit be used to help the buyback and ressurect the share prices there?
[12:15] You: But I wanted to know if a return of 3-5% a month is sufficient to keep investors interested in keeping this going
[12:17] You: Yes, some of the profits from JTIC after dividends will be used to for SLW
[12:17] Silverblade Dagger: Well, even though this is about JTIC, the big elephant in the room is SLW. If confidence can be gained and retained through that, JTIC would appeal to people. But with people running around like chickens with their heads cut off, JTIC won't draw many people.
[12:18] You: We'll have an SLW meeting later this week to discuss how it, and how JTIC will impact it
[12:18] Silverblade Dagger: Sounds good, but to me, it seems that one leads to the other, you know?
[12:19] You: but regarding how JTIC will help SLW, we will be charging a management fee on the profits JTIC makes, which will go to SLW
[12:19] Dave Beaumont: That's the sort of thing I was thinking too. Although I've got a few shares day-trading in SLW, the majority of mine are set to sell at 1.03 and I'd certainly love to re-invest THAT money back in JTIC. I think seeing the actual liquidity of my investments is the only thing that worries me - otherwise, I've never been badly treated or ripped off by either side - so I'm in!
[12:19] Silverblade Dagger: If I had the liquid funds, I'd be in for JTIC, but at present, I can't do much on it.
[12:21] You: Dave - We'll tell SLW investors this in the SLW meeting as well, but we're now entering the slow month for business overall, so SLW will be experiencing a liquidity crunch for the next few months
[12:21] You: But we'll save that for another day... regarding continuing JTIC... how do you guys feel we should go about it?
[12:22] You: Would you like to have an SLW meeting first
[12:22] You: To get forward guidance for it, and then we can vote to decide to continue JTIC or not
[12:22] Dave Beaumont: Yes, I think so. I Think that's a very good idea.
[12:22] Soizie Franciosa: this suits me more Arbitrage :)
[12:23] Silverblade Dagger: I think dealing with SLW first would help with dealing with JTIC. I'm all for JTIC continuing, but helpless to do much about it on my end.
[12:23] Dave Beaumont: I agree, so many people are clamoring about SLW that it's in the best interest to placate them first
[12:23] Soizie Franciosa: It would be nice to make an announcement for this meeting, lot of customers/sharesholder are not checking the website :)
[12:24] You: We'll probably give a week's notice for the SLW meeting
[12:24] You: to give people time to find out about the meeting
[12:24] Soizie Franciosa: perfect
[12:24] Silverblade Dagger: What percent of customers/investors are tied up in SLW at present?
[12:25] You: 92% of SLW is still ownd by the public
[12:25] Silverblade Dagger: That's a lot of potential money that once freed, could be used on JTIC.
[12:26] You: Well, JTIC will stay limited
[12:27] Dave Beaumont: Arb, when you lauched JTIC, I remember you said it could only be done up to a certain amount of investment before it wasn't really profitable. How close to that point did you get during this last few months?
[12:27] Silverblade Dagger: Can you say what RL investors are going in on this? Are they businesses, or individuals?
[12:28] You: Dave - We had ALOT of room, but we wanted to keep JTIC small
[12:28] You: Silver - We have individuals lined up in RL to invest
[12:29] You: I'm actually talking to a broker/fund manager about setting up a Hedge Fund in RL
[12:29] Dave Beaumont: Wow. And this is still all built on the "juicetrading" model?
[12:30] You: If we do that, we'll probably try to move JTIC out of SL into RL if there are no complications
[12:30] You: We're building other models as well
[12:30] Dave Beaumont: I must admit, it's a wonderful money-maker... I'd be interested in RL too if I wasn;t in the UK
[12:31] Silverblade Dagger: How could things be transitioned into RL? Through SLWallet?
[12:31] You: We're actually thinking about moving our business to the UK
[12:31] You: SLW will remain separate... it's an SL business with its own models and businesses
[12:32] Dave Beaumont: Well this might just change a lot for me.... Please, PLEASE keep us informed on that move!
[12:32] You: even though JTIC and SLW are owned by me, we're treating the two business as separate entities
[12:32] Silverblade Dagger: Understood.
[12:34] You: But if we do move JTIC out, we'll most likely liquidate and shut it down, then get a 'priorities list' of investors that will be able to invest in RL
[12:34] Dave Beaumont: I think the question there is, if I understand Silver correctly... If you take the business fully to RL and you still have investors left in SL, will the money transfer from Linden to real be processed by SLW, therefore attracting a commission which will go toward paying back SLW?
[12:35] Silverblade Dagger: That's kinda what I was thinking of. Have SLWallet be the "PayPal" intermediary between SL and RL investing.
[12:35] You: That can be one method, but SLW's main businesses are not currency conversion
[12:35] Dave Beaumont: Sure - but at least keep it in-house rather than pay SLX or LL the comission!
[12:36] Dave Beaumont: to name but two!
[12:36] You: Yes - it'll be something we'll consider more once the time comes in September
[12:36] You: It's not something that'll require an additional softwares since we already have the systme in place
[12:37] You: I guess we'll call this an end to the JTIC meeting - I'll stop the transcript here, and we can discuss SLW prior to the actual meeting.

in topic JTIC Shareholder's Meeting Transacript by Arbitrage Wise ]]> Tue, 06 May 2008 13:28:11 -0700 http://slcapex.com/forums/topic/JTIC/1854/12744 http://slcapex.com/forums/topic/JTIC/938 Dividends Paid: 0L
Net Profit: -158,481L

JTIC took a small investment loss as some of our trades didn't pan out. However, we will absorb the loss internally and will not place the burden on our investors. Since no profits were made in April, we will not be issuing a dividend for the month of April.

in topic Monthly Financials by Arbitrage Wise ]]> Sun, 04 May 2008 20:13:45 -0700 http://slcapex.com/forums/topic/JTIC/938/12653 http://slcapex.com/forums/topic/JTIC/1493
Welcome to May... Admittedly only by a couple of hours in SLT, but it's now May

Any communication on when we should expect the final divi (if there is to be one) or when buyback will commence?

in topic Question about commission at end of JTIC by Dave Beaumont ]]> Thu, 01 May 2008 02:22:29 -0700 http://slcapex.com/forums/topic/JTIC/1493/12536 http://slcapex.com/forums/topic/JTIC/1774 Gumby,

JTIC is not a Company per se, so it does not (and has not been required to) post an Income Statement and Balance Sheet. My understanding is that Arbitrage does post performance results of JTIC regularly.

Bo

in topic Missing financial details. by Bogart Beck ]]> Tue, 22 Apr 2008 08:44:52 -0700 http://slcapex.com/forums/topic/JTIC/1774/12182 http://slcapex.com/forums/topic/JTIC/1774
in topic Missing financial details. by Dave Beaumont ]]> Tue, 22 Apr 2008 06:02:01 -0700 http://slcapex.com/forums/topic/JTIC/1774/12174 http://slcapex.com/forums/topic/JTIC/1774
Lucky its only got 15 days to run. Because it would be no fun if trading where to halt between say now and the 30 of April.

Just some thoughts .. look forward to the replys.

in topic Missing financial details. by Gumby Roffo ]]> Thu, 17 Apr 2008 07:04:20 -0700 http://slcapex.com/forums/topic/JTIC/1774/11729 http://slcapex.com/forums/topic/JTIC/1493
in topic Question about commission at end of JTIC by Dave Beaumont ]]> Tue, 15 Apr 2008 01:48:44 -0700 http://slcapex.com/forums/topic/JTIC/1493/11493 http://slcapex.com/forums/topic/JTIC/1493
in topic Question about commission at end of JTIC by Racing Lockjaw ]]> Thu, 03 Apr 2008 16:13:13 -0700 http://slcapex.com/forums/topic/JTIC/1493/11080 http://slcapex.com/forums/topic/JTIC/1493
in topic Question about commission at end of JTIC by Arbitrage Wise ]]> Thu, 03 Apr 2008 08:49:08 -0700 http://slcapex.com/forums/topic/JTIC/1493/11061 http://slcapex.com/forums/topic/JTIC/938 Dividends Paid: 554, 804L
Net Profit: -41, 929L

in topic Monthly Financials by Arbitrage Wise ]]> Thu, 03 Apr 2008 08:47:43 -0700 http://slcapex.com/forums/topic/JTIC/938/11060 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 81,408
Weekly Profit %: 0.843%

Total Outstanding Shares: 9,258,241
Raised Capital (L$)/Current Liability: 9,655,514
YTD Gross Profit (L$): 5,197,162
YTD Gross Profit %: 71.273%
Total Dividend Payout: 2363557


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 31 Mar 2008 10:27:06 -0700 http://slcapex.com/forums/topic/JTIC/890/10907 http://slcapex.com/forums/topic/JTIC/1493
Will the dividend continue. if not, how many dividends are left.



in topic Question about commission at end of JTIC by Bims Writer ]]> Fri, 28 Mar 2008 02:26:15 -0700 http://slcapex.com/forums/topic/JTIC/1493/10750 http://slcapex.com/forums/topic/JTIC/1493
in topic Question about commission at end of JTIC by Dave Beaumont ]]> Wed, 26 Mar 2008 04:36:46 -0700 http://slcapex.com/forums/topic/JTIC/1493/10698 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC

Things are slowing down from here on out, plus we're no longer able to maximize profits since alot of the profits had to be taken away during the bank run.

Weekly Profits (L$): 96,715
Weekly Profit %: 1.002%

Total Outstanding Shares: 9,258,241
Raised Capital (L$)/Current Liability: 9,655,514
YTD Gross Profit (L$): 5,115,753
YTD Gross Profit %: 70.156%
Total Dividend Payout: 2363557


in topic Weekly Updates by Arbitrage Wise ]]> Tue, 25 Mar 2008 21:53:08 -0700 http://slcapex.com/forums/topic/JTIC/890/10685 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC

Weekly Profits (L$): 101,387
Weekly Profit %: 1.050%

Total Outstanding Shares: 9,258,241
Raised Capital (L$)/Current Liability: 9,655,514
YTD Gross Profit (L$): 5,019,037
YTD Gross Profit %: 68.830%
Total Dividend Payout: 2363557


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 17 Mar 2008 16:55:48 -0700 http://slcapex.com/forums/topic/JTIC/890/10393 http://slcapex.com/forums/topic/JTIC/938 Dividends Paid: 563,006L
Net Profit: 91,780L

in topic Monthly Financials by Arbitrage Wise ]]> Mon, 10 Mar 2008 22:27:42 -0700 http://slcapex.com/forums/topic/JTIC/938/10116 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 189,613
Weekly Profit %: 1.964%

Total Outstanding Shares: 9,258,241
Raised Capital (L$)/Current Liability: 9,655,514
YTD Gross Profit (L$): 4,917,649
YTD Gross Profit %: 67.439%
Total Dividend Payout: 2363557


in topic Weekly Updates by Arbitrage Wise ]]> Sun, 09 Mar 2008 23:46:57 -0700 http://slcapex.com/forums/topic/JTIC/890/10050 http://slcapex.com/forums/topic/JTIC/1558
in topic JTIC monthly divd. for march 08 by Maisha Slade ]]> Sat, 08 Mar 2008 10:13:23 -0800 http://slcapex.com/forums/topic/JTIC/1558/9994 http://slcapex.com/forums/topic/JTIC/1558
in topic JTIC monthly divd. for march 08 by Sean4you Shepherd ]]> Thu, 06 Mar 2008 13:22:03 -0800 http://slcapex.com/forums/topic/JTIC/1558/9912 http://slcapex.com/forums/topic/JTIC/1558
in topic JTIC monthly divd. for march 08 by Maisha Slade ]]> Thu, 06 Mar 2008 11:31:25 -0800 http://slcapex.com/forums/topic/JTIC/1558/9909 http://slcapex.com/forums/topic/JTIC/1558
I have add up the weekly profits from 28/1 until now.
And its 895 854 L .
But the dividents payed are 1 800 000 L.


in topic JTIC monthly divd. for march 08 by Sean4you Shepherd ]]> Mon, 03 Mar 2008 14:28:58 -0800 http://slcapex.com/forums/topic/JTIC/1558/9686 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 14,020
Weekly Profit %: 0.145%

Total Outstanding Shares: 9,383,436
Raised Capital (L$)/Current Liability: 9,655,514
YTD Gross Profit (L$): 4,720,524
YTD Gross Profit %: 64.736%
Total Dividend Payout: 2363557


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 03 Mar 2008 13:32:33 -0800 http://slcapex.com/forums/topic/JTIC/890/9680 http://slcapex.com/forums/topic/JTIC/1558
in topic JTIC monthly divd. for march 08 by Maisha Slade ]]> Sat, 01 Mar 2008 16:35:34 -0800 http://slcapex.com/forums/topic/JTIC/1558/9563 http://slcapex.com/forums/topic/JTIC/1558
in topic JTIC monthly divd. for march 08 by BillyBob Koolhoven ]]> Sat, 01 Mar 2008 15:49:06 -0800 http://slcapex.com/forums/topic/JTIC/1558/9560 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 76,142
Weekly Profit %: 0.727%

Total Outstanding Shares: 9,171,510
Raised Capital (L$)/Current Liability: 10,467,408
YTD Gross Profit (L$): 4,706,506
YTD Gross Profit %: 54.305%
Total Dividend Payout: 1800550.84

Last week was relatively slow due to us having to focus our energy on the conversion. The next few weeks will be slow as well as we re-arrange some of our profits and funds, particularly taking out some of our profits above what is needed to pay dividends to help out SLW.

in topic Weekly Updates by Arbitrage Wise ]]> Wed, 27 Feb 2008 18:59:46 -0800 http://slcapex.com/forums/topic/JTIC/890/9364 http://slcapex.com/forums/topic/JTIC/1493
The fees for making a transaction, commission, I believe it's 2.5%? When you buy back the shares at 1.00L$ when this is over, will this be taken into account? Just in case this hasn't been thought of yet, I wanted to bring it up, because that's half a month's returns out the window if we're charged commission when returning the shares.

in topic Question about commission at end of JTIC by Maisha Slade ]]> Tue, 19 Feb 2008 22:45:04 -0800 http://slcapex.com/forums/topic/JTIC/1493/8941 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 215,267
Weekly Profit %: 2.057%

Total Outstanding Shares: 9,171,510
Raised Capital (L$)/Current Liability: 10,467,408
YTD Gross Profit (L$): 4,630,365
YTD Gross Profit %: 53.426%
Total Dividend Payout: 1800550.84


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 18 Feb 2008 22:46:53 -0800 http://slcapex.com/forums/topic/JTIC/890/8883 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 284,625
Weekly Profit %: 2.719%

Total Outstanding Shares: 9,171,510
Raised Capital (L$)/Current Liability: 10,467,408
YTD Gross Profit (L$): 4,459,658
YTD Gross Profit %: 51.456%
Total Dividend Payout: 1800550.84


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 11 Feb 2008 13:09:30 -0800 http://slcapex.com/forums/topic/JTIC/890/8703 http://slcapex.com/forums/topic/JTIC/938 Dividends Paid: 555627L
Net Profit: 698,835L

in topic Monthly Financials by Arbitrage Wise ]]> Mon, 04 Feb 2008 15:31:25 -0800 http://slcapex.com/forums/topic/JTIC/938/8466 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 305,800
Weekly Profit %: 2.921%

Total Outstanding Shares: 9,171,510
Raised Capital (L$)/Current Liability: 10,467,408
YTD Gross Profit (L$): 4,179,051
YTD Gross Profit %: 48.219%
Total Dividend Payout: 1800550.84


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 04 Feb 2008 15:28:29 -0800 http://slcapex.com/forums/topic/JTIC/890/8465 http://slcapex.com/forums/topic/JTIC/1408
in topic Can investors expect a dividend on 1st of February ? by JohnLight Raymaker ]]> Wed, 30 Jan 2008 22:19:10 -0800 http://slcapex.com/forums/topic/JTIC/1408/8336 http://slcapex.com/forums/topic/JTIC/1408
in topic Can investors expect a dividend on 1st of February ? by Arbitrage Wise ]]> Wed, 30 Jan 2008 15:07:41 -0800 http://slcapex.com/forums/topic/JTIC/1408/8327 http://slcapex.com/forums/topic/JTIC/1408
JohnLight

in topic Can investors expect a dividend on 1st of February ? by JohnLight Raymaker ]]> Wed, 30 Jan 2008 04:20:14 -0800 http://slcapex.com/forums/topic/JTIC/1408/8310 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 314,875
Weekly Profit %: 3.177%

Total Outstanding Shares: 9,171,510
Raised Capital (L$)/Current Liability: 9,911,781
YTD Gross Profit (L$): 3,873,033
YTD Gross Profit %: 44.688%
Total Dividend Payout: 1244923.72


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 28 Jan 2008 11:34:16 -0800 http://slcapex.com/forums/topic/JTIC/890/8251 http://slcapex.com/forums/topic/JTIC/1321
in topic what will happend with.... by Stryker Yoshikawa ]]> Fri, 25 Jan 2008 15:15:03 -0800 http://slcapex.com/forums/topic/JTIC/1321/8174 http://slcapex.com/forums/topic/JTIC/1372
in topic lol by Maisha Slade ]]> Tue, 22 Jan 2008 08:11:49 -0800 http://slcapex.com/forums/topic/JTIC/1372/7981 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 156,475
Weekly Profit %: 1.579%

Total Outstanding Shares: 9,177,862
Raised Capital (L$)/Current Liability: 9,911,781
YTD Gross Profit (L$): 3,558,037
YTD Gross Profit %: 41.053%
Total Dividend Payout: 1244923.72

As expected, some of our profits went down as we had to liquidate some of our JTIC investments to cover the withdrawals. Compound it with the fact that last week was a tumultuous week that took up a lot of time to make last week's profit pretty low. Let's hope next week is better.

in topic Weekly Updates by Arbitrage Wise ]]> Mon, 21 Jan 2008 19:02:35 -0800 http://slcapex.com/forums/topic/JTIC/890/7957 http://slcapex.com/forums/topic/JTIC/1321
in topic what will happend with.... by Sportsbets Writer ]]> Mon, 21 Jan 2008 10:59:06 -0800 http://slcapex.com/forums/topic/JTIC/1321/7932 http://slcapex.com/forums/topic/JTIC/1321
Last I heard. Dividends will stop at the end of march
And the buyback should start in April.



in topic what will happend with.... by Turmith Flamand ]]> Tue, 15 Jan 2008 18:19:08 -0800 http://slcapex.com/forums/topic/JTIC/1321/7716 http://slcapex.com/forums/topic/JTIC/1321
I don't need any cash now, I still have 980'000 L$ to earn to complete my quest ! No reasons for me to sell JTICs.

Just as Maisha did, I bought 7'000 of them at .65 ! Even if you stop paying dividends (which I don't hope and don't think will happen) but buy them back at 1.00, this is bargain !

I personally thank all lemmings investors who sold them at such ridiculous prices ! And for those who waited until it got back over 1.0... bad luck !

JLR
http://second-life-millionaire.blogspot.com

in topic what will happend with.... by JohnLight Raymaker ]]> Tue, 15 Jan 2008 14:00:18 -0800 http://slcapex.com/forums/topic/JTIC/1321/7707 http://slcapex.com/forums/topic/JTIC/1321
Good luck
Sincerly

Mika

in topic what will happend with.... by Mika Koltai ]]> Mon, 14 Jan 2008 15:35:06 -0800 http://slcapex.com/forums/topic/JTIC/1321/7690 http://slcapex.com/forums/topic/JTIC/1321


in topic what will happend with.... by Maisha Slade ]]> Mon, 14 Jan 2008 14:59:30 -0800 http://slcapex.com/forums/topic/JTIC/1321/7684 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 402,600
Weekly Profit %: 4.062%

Total Outstanding Shares: 9,725,109
Raised Capital (L$)/Current Liability: 9,911,781
YTD Gross Profit (L$): 3,401,427
YTD Gross Profit %: 39.246%
Total Dividend Payout: 1244923.72

The weekly profits do include the hardware update that we mentioned last week.

Unfortunately, we do expect things to slow down since we have already liquidated some of our investments. However, we have not reached the point where we're not profitable AFTER paying dividends. But in the grand scheme of things, it really doesn't have an impact on the ROI of the JTIC more as it does on the perception of our ability to produce profits since dividends have a fixed rate of returns.

in topic Weekly Updates by Arbitrage Wise ]]> Mon, 14 Jan 2008 10:43:44 -0800 http://slcapex.com/forums/topic/JTIC/890/7677 http://slcapex.com/forums/topic/JTIC/1321
I cannot tell you to hold onto your JTIC or funds because we cannot even offer you to withdraw your L$ right now... but I can assure you that JTIC will be honored at their 1L face value.

in topic what will happend with.... by Arbitrage Wise ]]> Mon, 14 Jan 2008 10:38:34 -0800 http://slcapex.com/forums/topic/JTIC/1321/7675 http://slcapex.com/forums/topic/JTIC/1321
The fundamentals are still there and unless Arbitrage
says anything differently I expect things to continue
on as before.




in topic what will happend with.... by Turmith Flamand ]]> Mon, 14 Jan 2008 09:54:14 -0800 http://slcapex.com/forums/topic/JTIC/1321/7673 http://slcapex.com/forums/topic/JTIC/1321 From an investors eye: Strongest sell.
But if you have a huge amount of shares it makes no sence to sell, because JT running out of cash right now and with the current withdraw limit only 50k paypal/moneybookers.
If you have JT stocks worth below 50k i would sell and cash out over the moneybookers option.
What you have you have.Better safe than sorry.






in topic what will happend with.... by Sportsbets Writer ]]> Sun, 13 Jan 2008 18:55:09 -0800 http://slcapex.com/forums/topic/JTIC/1321/7649 http://slcapex.com/forums/topic/JTIC/1321
Sincerly

Mika

in topic what will happend with.... by Mika Koltai ]]> Sat, 12 Jan 2008 08:02:09 -0800 http://slcapex.com/forums/topic/JTIC/1321/7573 http://slcapex.com/forums/topic/JTIC/938 Dividends Paid out: 627,194.67L
Net Profit: 1,351,980.333L

in topic Monthly Financials by Arbitrage Wise ]]> Thu, 10 Jan 2008 13:26:56 -0800 http://slcapex.com/forums/topic/JTIC/938/7466 http://slcapex.com/forums/topic/JTIC/961
Actually, I'd say the reverse is true. It looks to me like JTIC may still be ok, while normal deposit accounts will not.

in topic When does JTIC outperform a plain cash account? by Unoti Quonset ]]> Wed, 09 Jan 2008 19:34:45 -0800 http://slcapex.com/forums/topic/JTIC/961/7420 http://slcapex.com/forums/topic/JTIC/961
:-D

in topic When does JTIC outperform a plain cash account? by Guardian Market ]]> Wed, 09 Jan 2008 18:55:53 -0800 http://slcapex.com/forums/topic/JTIC/961/7417 http://slcapex.com/forums/topic/JTIC/961
in topic When does JTIC outperform a plain cash account? by Sparkle Junot ]]> Wed, 09 Jan 2008 01:28:03 -0800 http://slcapex.com/forums/topic/JTIC/961/7300 http://slcapex.com/forums/topic/JTIC/1287
in topic So JTIC is tubing it now? by Sparkle Junot ]]> Wed, 09 Jan 2008 01:26:21 -0800 http://slcapex.com/forums/topic/JTIC/1287/7298 http://slcapex.com/forums/topic/JTIC/961
in topic When does JTIC outperform a plain cash account? by Unoti Quonset ]]> Tue, 08 Jan 2008 19:38:03 -0800 http://slcapex.com/forums/topic/JTIC/961/7261 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 216,728
Weekly Profit %: 2.187%

Total Outstanding Shares: 9,725,109
Raised Capital (L$)/Current Liability: 9,911,781
YTD Gross Profit (L$): 2,964,204
YTD Gross Profit %: 34.202%
Total Dividend Payout: 1244923.72

**We had to upgrade on some hardware, and the funds were taken out of the profits, thus the reason for the low returns this week. Plus, the New Year's slowed us down.
***We still need to upgrade a little more hardware this week.

in topic Weekly Updates by Arbitrage Wise ]]> Mon, 07 Jan 2008 23:23:37 -0800 http://slcapex.com/forums/topic/JTIC/890/7229 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 376,200
Weekly Profit %: 3.795%

Total Outstanding Shares: 9,725,109
Raised Capital (L$)/Current Liability: 9,911,781
YTD Gross Profit (L$): 2,835,644
YTD Gross Profit %: 32.718%
Total Dividend Payout: 1244923.72



in topic Weekly Updates by Arbitrage Wise ]]> Mon, 31 Dec 2007 13:08:57 -0800 http://slcapex.com/forums/topic/JTIC/890/6991 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 549,725
Weekly Profit %: 5.627%

Total Outstanding Shares: 9,649,753
Raised Capital (L$): 9,768,590
YTD Gross Profit (L$): 2,459,437
YTD Gross Profit %: 25.177%
Total Dividend Payout: 617729.05



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in topic Weekly Updates by Arbitrage Wise ]]> Mon, 24 Dec 2007 09:39:04 -0800 http://slcapex.com/forums/topic/JTIC/890/6786 http://slcapex.com/forums/topic/JTIC/1185
in topic Dividends for Dec 1st by Arbitrage Wise ]]> Fri, 21 Dec 2007 20:56:25 -0800 http://slcapex.com/forums/topic/JTIC/1185/6731 http://slcapex.com/forums/topic/JTIC/1185
The financial Statement says the following:

Gross Investment Profits: 832,278L
Dividends Paid out: 617,729.23L
Net Profit: 214, 548.77L

Found @
http://www.slcapex.com/forums/topic/JTIC/938

Yet the Dividend says:

Date Per Share Total Dividend Shares
2007-12-01 12:11:00 0.061772900 1853187.05 30000000

Found @
http://www.slcapex.com/dividends/history/JTIC

Me no understand?

I'm trying to calculate the "Current Income Net of Preferred Shares". So, I need accurate Gross Income, Total Float(which I've got), and the correct Dividend.

In other words, how much was made and what was given to everyone other than Arbitrage Wise.

If I read these nubers correctly 800,000 profit, 1,850,000 paid out in dividends:600,000 to Other Shareholders and 1,250,000 to Arbitrage Wise. Could I get corrected by someone please? Thx & Merry Christmas :)

in topic Dividends for Dec 1st by Sully Okelly ]]> Fri, 21 Dec 2007 12:40:52 -0800 http://slcapex.com/forums/topic/JTIC/1185/6724 http://slcapex.com/forums/topic/JTIC/1175 http://www.slcapex.com/forums/topic/general/1174

in topic Longterm VS Daytrading ---- think twice.... by Cash Yiyuan ]]> Wed, 19 Dec 2007 05:44:55 -0800 http://slcapex.com/forums/topic/JTIC/1175/6672 http://slcapex.com/forums/topic/JTIC/890
Weekly Report for JT Financial Investment Certficates (ticker symbol on slcapex.com: JTIC)

Weekly Profits (L$): 415,250
Weekly Profit %: 4.251%

Total Outstanding Shares: 9,600,000
Raised Capital (L$): 9,768,590
YTD Gross Profit (L$): 1,909,445
YTD Gross Profit %: 19.547%
Total Dividend Payout: 617729.05

Get 5% Deposit Bonus to Buy & Sell your Lindens: http://www.slcapex.com/currency


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 17 Dec 2007 09:12:35 -0800 http://slcapex.com/forums/topic/JTIC/890/6624 http://slcapex.com/forums/topic/JTIC/890
Week of Dec 1 - Dec 9

Weekly Profits (L$): 661,650
Weekly Profit %: 6.773%

Total Outstanding Shares: 9,600,000
Raised Capital (L$): 9,768,590
YTD Gross Profit (L$): 1,493,973
YTD Gross Profit %: 15.294%
Total Dividend Payout: 617729.05


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 10 Dec 2007 11:32:15 -0800 http://slcapex.com/forums/topic/JTIC/890/6423 http://slcapex.com/forums/topic/JTIC/1115
in topic Quick Question by Guardian Market ]]> Sat, 08 Dec 2007 14:31:38 -0800 http://slcapex.com/forums/topic/JTIC/1115/6360 http://slcapex.com/forums/topic/JTIC/1115
in topic Quick Question by SouthernPitBull Sosa ]]> Sat, 08 Dec 2007 08:39:55 -0800 http://slcapex.com/forums/topic/JTIC/1115/6349 http://slcapex.com/forums/topic/JTIC/1115


in topic Quick Question by Strongman Shelford ]]> Sat, 08 Dec 2007 07:29:29 -0800 http://slcapex.com/forums/topic/JTIC/1115/6347 http://slcapex.com/forums/topic/JTIC/1115
For the amounts of the payments, see this thread: http://www.slcapex.com/forums/topic/JTIC/822

in topic Quick Question by Guardian Market ]]> Sat, 08 Dec 2007 06:55:05 -0800 http://slcapex.com/forums/topic/JTIC/1115/6346 http://slcapex.com/forums/topic/JTIC/1115
Each day would i receive L2 as the interest? like i do the 1L per 1000 in my cash account?

in topic Quick Question by SouthernPitBull Sosa ]]> Sat, 08 Dec 2007 05:17:39 -0800 http://slcapex.com/forums/topic/JTIC/1115/6343 http://slcapex.com/forums/topic/JTIC/938 Dividends Paid out: 617,729.23L
Net Profit: 214, 548.77L




in topic Monthly Financials by Arbitrage Wise ]]> Sat, 01 Dec 2007 08:52:37 -0800 http://slcapex.com/forums/topic/JTIC/938/6110 http://slcapex.com/forums/topic/JTIC/890
Week of November 26 - 30

Weekly Profits (L$): 201,688
Weekly Profit %: 1.973%

Total Outstanding Shares: 10,000,000
Raised Capital (L$): 10,224,556
YTD Gross Profit (L$): 832,278
YTD Gross Profit %: 8.140%



in topic Weekly Updates by Arbitrage Wise ]]> Sat, 01 Dec 2007 08:35:31 -0800 http://slcapex.com/forums/topic/JTIC/890/6109 http://slcapex.com/forums/topic/JTIC/827
in topic Large Investors by OttoVan Oyen ]]> Mon, 26 Nov 2007 11:00:59 -0800 http://slcapex.com/forums/topic/JTIC/827/5921 http://slcapex.com/forums/topic/JTIC/890
Weekly Profits (L$): 171,903
Weekly Profit %: 1.681%

Total Outstanding Shares: 10,000,000
Raised Capital (L$): 10,224,556
YTD Gross Profit (L$): 630,589
YTD Gross Profit %: 6.167%

Things were somewhat slow this week because of the holidays.


in topic Weekly Updates by Arbitrage Wise ]]> Mon, 26 Nov 2007 09:52:36 -0800 http://slcapex.com/forums/topic/JTIC/890/5908 http://slcapex.com/forums/topic/JTIC/827
The reason is that we actually do not want to sell any more shares at this time. If a large investor is willing to purchase enough shares on the market, then they'll receive the 5%.

The 2% is only if there are large investors that want to buy more treasury shares from us now. The reason we posted this was because we had a large investor come to us to purchase more shares, which we did not want to sell more at this time. We therefore informed them that we're willing to sell more shares, if they'll agree to the new terms, and they requested we post this.

in topic Large Investors by Arbitrage Wise ]]> Mon, 26 Nov 2007 09:50:33 -0800 http://slcapex.com/forums/topic/JTIC/827/5907 http://slcapex.com/forums/topic/JTIC/827
in topic Large Investors by OttoVan Oyen ]]> Mon, 26 Nov 2007 08:08:10 -0800 http://slcapex.com/forums/topic/JTIC/827/5892 http://slcapex.com/forums/topic/JTIC/961
Seriously though, I'd be happy to answer any questions about that calculation either here or on Second Chaos. I can see one question arising because I did a bad job explaining something:

The 1.061773 comes from the interest payment I calculated for JTIC here: http://www.slcapex.com/forums/topic/JTIC/822

Any other questions of that nature? Bring 'em on! I know I'm not the only one in these forums who can do these calcs...

in topic When does JTIC outperform a plain cash account? by Guardian Market ]]> Sat, 24 Nov 2007 20:10:37 -0800 http://slcapex.com/forums/topic/JTIC/961/5850 http://slcapex.com/forums/topic/JTIC/961
in topic When does JTIC outperform a plain cash account? by Xavier Mohr ]]> Sat, 24 Nov 2007 13:31:44 -0800 http://slcapex.com/forums/topic/JTIC/961/5842 http://slcapex.com/forums/topic/JTIC/961 http://secondchaos.blogspot.com/2007/11/lessons-in-fm-part-i-present-value.html

in topic When does JTIC outperform a plain cash account? by Guardian Market ]]> Sat, 24 Nov 2007 11:02:20 -0800 http://slcapex.com/forums/topic/JTIC/961/5831 http://slcapex.com/forums/topic/JTIC/961
Your question is actually a fairly complex one because the point at which the price becomes advantageous depends on when we're looking at it.

In general, how do we solve this problem? We can use the concept of present value to determine what JTIC's payment and principal are worth before they come due. In order to do this, we ask the question, "What is something with a value of 1.061773 at time T = 31 worth at time T = t?" (T = 31 because that's the end of 30 days.)

Basic compound interest equation:

FV = PV * (1 + i) ^ t

We're looking for PV, so we solve for it

FV / (1 + i) ^ t = PV

We know we're at time t, and we're looking for the end of time 30 (aka the beginning of time 31).

FV / (1 + i) ^ (31 - t) = PV

For FV, we use 1.061773, and for i, we use the JTF interest rate, making our equation

1.061773 / (1.001)^(31-t) = PV

(As an aside, in my profession we divide by the interest rate so frequently that we use the symbol v ("vee") for it. In actuarial notation, therefore, this would be written as 1.0061773*v^(31-t) = PV)

I've made up a quick Google Documents spreadsheet so you can see how this works over 30 days. Bear in mind, this is an example spreadsheet for a 30 day calculation, and the present values change if you take the entire life of JTIC into account. It would also change if you did multiple buys and left some cash in your account accumulating interest. You can find the spreadsheet here: http://spreadsheets.google.com/pub?key=pwaVmn9KOqgUBtFZaA43AEA

P.S. Sorry it took me so long to find this post.

in topic When does JTIC outperform a plain cash account? by Guardian Market ]]> Sat, 24 Nov 2007 09:25:21 -0800 http://slcapex.com/forums/topic/JTIC/961/5828 http://slcapex.com/forums/topic/JTIC/827
in topic Large Investors by Arbitrage Wise ]]> Mon, 19 Nov 2007 20:02:47 -0800 http://slcapex.com/forums/topic/JTIC/827/5572 http://slcapex.com/forums/topic/JTIC/890
Weekly Profits (L$): 222,269
Weekly Profit %: 2.174%

Total Outstanding Shares: 10,000,000
Raised Capital (L$): 10,224,556
YTD Gross Profit (L$): 458,687
YTD Gross Profit %: 4.486%

Things should pick up from here as most of our funds have been properly allocated.

in topic Weekly Updates by Arbitrage Wise ]]> Mon, 19 Nov 2007 11:29:25 -0800 http://slcapex.com/forums/topic/JTIC/890/5552 http://slcapex.com/forums/topic/JTIC/961
Assuming I'm going to invest some money for 30 days, at what JTIC share price is it a good idea to buy JTIC shares instead of leaving the money sitting in my SLCapex cash account?

I know there's people out there who know how to make these calculations easily. But betweent he complexities of compound itnerest and my personal uncertainty on how JTIC pays out, this is jsut too much for me to wrap my head around without more study and contemplation than I can muster. I just wouldn't be able to sleep at night if I were to buy JTIC shares and later discover that I was would have made like 100L more if I had left my money sitting in cash form earning interest.



in topic When does JTIC outperform a plain cash account? by Unoti Quonset ]]> Tue, 13 Nov 2007 18:56:36 -0800 http://slcapex.com/forums/topic/JTIC/961/5288 http://slcapex.com/forums/topic/JTIC/890
Weekly Profits (L$): 153,843
Weekly Profit %: 1.558%

Total Outstanding Shares: 9,693,656
Raised Capital (L$): 9,872,260
YTD Gross Profit (L$): 236,419
YTD Gross Profit %: 2.395%

A slow week as we allocate the recently invested funds to the proper investment accounts, and incur the fees for the transactions.

in topic Weekly Updates by Arbitrage Wise ]]> Mon, 12 Nov 2007 13:01:41 -0800 http://slcapex.com/forums/topic/JTIC/890/5214 http://slcapex.com/forums/topic/JTIC/938
in topic Monthly Financials by Arbitrage Wise ]]> Sat, 10 Nov 2007 17:35:55 -0800 http://slcapex.com/forums/topic/JTIC/938/5156 http://slcapex.com/forums/topic/JTIC/890
Weekly Profits (L$): 82,575
Weekly Profit %: 1.346%

Total Outstanding Shares: 5,994,477
Raised Capital (L$): 6,135,664
YTD Gross Profit (L$): 82,575
YTD Gross Profit %: 1.346%


in topic Weekly Updates by Arbitrage Wise ]]> Sun, 04 Nov 2007 21:30:53 -0800 http://slcapex.com/forums/topic/JTIC/890/4951 http://slcapex.com/forums/topic/JTIC/829
Do the math folks and see this thread.
http://www.slcapex.com/forums/topic/JTIC/822

in topic High Yield Accounts by Turmith Flamand ]]> Fri, 02 Nov 2007 11:11:40 -0700 http://slcapex.com/forums/topic/JTIC/829/4863 http://slcapex.com/forums/topic/JTIC/829
This is a extreemly secure investement.
For this to fail, JT Financial would have to fail.

If JT Financial failed, this entire exchange and all the socks on it would fail at the same time.


in topic High Yield Accounts by Turmith Flamand ]]> Fri, 02 Nov 2007 04:44:47 -0700 http://slcapex.com/forums/topic/JTIC/829/4844