http://slcapex.com/forums/browse/INC en-us Fri, 21 Nov 2008 22:38:36 -0800 Fri, 21 Nov 2008 22:38:36 -0800 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/INC/2280

in topic Final Shareholder List - Please Contact Marc by Sportsbets Writer ]]> Mon, 03 Nov 2008 14:49:33 -0800 http://slcapex.com/forums/topic/INC/2280/17167 http://slcapex.com/forums/topic/INC/2280
in topic Final Shareholder List - Please Contact Marc by Morphine Whiteberry ]]> Mon, 03 Nov 2008 07:52:53 -0800 http://slcapex.com/forums/topic/INC/2280/17160 http://slcapex.com/forums/topic/INC/2280 VP Whitfield 28563
Keely Cortes 11989
Anna Kazyanenko 10000
Dillian Novi 5039
Walker Sinclair 2800
Tizznabus Lykin 2000
Little Gray 2000
Penelope Ghia 2000
Nadia Matova 2000
Oldwan McDonnell 1508
AnnSophie Maertens 1329
Fenigan London 1076
Ann Fizir 1000
Grigory Babenco 1000
DIMM Flow 1000
Morphine Whiteberry 1000
Xenin Rau 1000
Dweezle Zeami 1000
Brent McKinley 1000
broker Ferraris 800
Nadia Korobase 790
Marcellino Maddaloni 684
Aidan Zanetti 651
Ed Baron 600
Zonek Wopat 524
Jeffery Bergbahn 500
Hypolyte Greenwood 465
Kouri Hienrichs 349
Xenia Easterman 330
Claudiolui Morigi 201
Jessica Holyoke 200
Mogul Enzo 150
Augustine Innis 100
Maelstrom Baphomet 100
edbrarley Miles 100
Jurin Juran 100
southernborne73 Thespian 100
Cliff Eclipse 100
Myron Cerveau 100
Ethan Oxberger 76
Dale Eel 70
Hiddenairport Mathy 60
Sir Williams 60
Alec Trefoil 52
Io Habilis 51
Willie Independent 50
Sandra01 Broek 50
real2real Aabye 45
shii Jacobus 40
Galenia Decosta 30
Chamell Vhargon 30
Jarksen Daviau 30
dtd Streeter 25
Caleja Offcourse 20
Qumquat Trevellion 20
toxx1 Kharg 20
danielmarujo Carlberg 12
Cornelious Beck 11
Onur Larsson 10
Uli Zabelin 10
Ayli Blessed 10
Rico Warilla 10
Chango Kanto 10
Jamie Birkenfeld 10
Lumpy Aeon 9
NosmoKing Lane 9
Econet Ecksol 8
Brodsky Zapedzki 7
Yuz Aabye 5
Horatio Revnik 5
OoMarie Barbosa 4
Rockstar Merryman 4
Travis Zhora 3
Tsukasaneko Hirano 2
sak Kungler 2
Damion Goodman 2
unbonbom Aabye 2
Def Hofmann 2
Richard Baggio 2
Guiles Tidewater 1
Tom Prospero 1
Sly Saunders 1
Theda Flores 1
Sportsbets Writer 1
cjcjw1004 Aya 1


in topic Final Shareholder List - Please Contact Marc by Marc Attenborough ]]> Thu, 02 Oct 2008 21:06:59 -0700 http://slcapex.com/forums/topic/INC/2280/16522 http://slcapex.com/forums/topic/INC/2254
Thanks,
Chey

in topic Privatization by Cheyenne Newman ]]> Sat, 20 Sep 2008 09:45:24 -0700 http://slcapex.com/forums/topic/INC/2254/16383 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%209-1-08.htm

We have a few pieces of land for sale between 3,000 and 5,000 meters for $1 per meter & low tier. Drop us a line if you are interested.

in topic Monthly Financials by Marc Attenborough ]]> Sun, 07 Sep 2008 15:53:11 -0700 http://slcapex.com/forums/topic/INC/449/16176 http://slcapex.com/forums/topic/INC/2216
Part 1: From now until 9-20-08, INC will repurchase shares through Capex at a price of L$1.05. This represents a substantial premium over the breakup value of L$0.36.

Part 2: Any shares that remain outstanding as of 9-20-08 will be cashed out inworld for $L1.00 each. Individuals will need to contact Marc Attenborough inworld to recieve your payment.

Shareholders are welcome to voice their opinions in the forum. No shareholder will be excluded from this event. Everyone who comes forward will recieve the appropriate payment.

At this time, there are approximately 175,000 shares outstanding. Given all the termoil that has occured over the past 14 months, we are thrilled that we are able to return an amount above our IPO price.

in topic Opinions on the Privatization Plan by Marc Attenborough ]]> Sun, 31 Aug 2008 15:16:47 -0700 http://slcapex.com/forums/topic/INC/2216/16058 http://slcapex.com/forums/topic/INC/2108
in topic buyback of all shares? by Sportsbets Writer ]]> Tue, 12 Aug 2008 16:06:13 -0700 http://slcapex.com/forums/topic/INC/2108/15618 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%208-02-08.htm

No new developements. There were a lot of folks that paid tier in advance, so revenues were a bit higher than usual.

in topic Monthly Financials by Marc Attenborough ]]> Thu, 07 Aug 2008 18:45:16 -0700 http://slcapex.com/forums/topic/INC/449/15444 http://slcapex.com/forums/topic/INC/2108
The comment out the price is 100% accurate if you look at the NAV of the company (see the financial report). The value of the company has nothing to do with the stock price. The stock price goes up and down with market demand.


in topic buyback of all shares? by Marc Attenborough ]]> Sat, 26 Jul 2008 14:19:57 -0700 http://slcapex.com/forums/topic/INC/2108/15095 http://slcapex.com/forums/topic/INC/2108
This had a 72 hour time limit on it? What will happen to the shares that have not been sold back within this very short 72 hour window? Is this a case of those who did not see it in time simply being screwed out of their investments? Also, the bit in the PR post about that price being more than twice the share price, is a bit off, concidering that just a couple of days prior it was trading above that L$0.85 price.

in topic buyback of all shares? by Redd Oconnell ]]> Sat, 26 Jul 2008 12:54:48 -0700 http://slcapex.com/forums/topic/INC/2108/15093 http://slcapex.com/forums/topic/INC/2086
If you have not received this notice please contact myself via email: Cash.Yiyuan[at]gmail.com

Regards,
Cash Yiyuan
SL CapEx Management.

in topic For the Attention of Innovative Inc. CEO by Cash Yiyuan ]]> Wed, 16 Jul 2008 09:07:11 -0700 http://slcapex.com/forums/topic/INC/2086/14926 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%207-01-08.htm

We're showing a slight loss for the month due to the fact that this report is a few days shorter than the last one and we have had a lot of residents paying their tier in advance. It is starting to level out though.

We now have taken all of our allenvest write-offs, which leaves us with a strong cash position as well.

in topic Monthly Financials by Marc Attenborough ]]> Sun, 13 Jul 2008 10:19:42 -0700 http://slcapex.com/forums/topic/INC/449/14874 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%206-01-08.htm

in topic Monthly Financials by Marc Attenborough ]]> Mon, 09 Jun 2008 22:30:23 -0700 http://slcapex.com/forums/topic/INC/449/14046 http://slcapex.com/forums/topic/INC/1912
One of our land owners has decided to sell two of his lots, the details are below. This is an opportunity that doesnt happen often, so you have any interest, please contact Marc Attenborough or Dirk Devin.


Lot #1 - On the water.

Size = 4,096
Price = $8,000
Tier = $1,843 per week
Prims = 937


Lot #2 - Corner Lot, on the water

Size = 5,120
Price = $12,000
Tier = $2,304 per week
Prims = 1,171

in topic Land Available on New Providence Sim by Marc Attenborough ]]> Tue, 20 May 2008 23:21:17 -0700 http://slcapex.com/forums/topic/INC/1912/13413 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%205-01-08.htm

Here are some of the highlights

* We wrote down about $15,0000 of the Allenvest debt, we are still waiting on the final payment so that we can put this behind us.

* We bought back about 19,600 shares, we will probably not make any substantial purchases until the Allenvest issue is settled.

* We reduced the value of the New Providence sim to L$300,000 in order to fit the competitive landscape. We may make an adjustment at the end of May as well.

* We are projecting that May's net profits will be between L$5,000 and $15,000 since the bulk of the write offs appear to be behind us.

* Our NAV is currently L$0.36 per share.

in topic Monthly Financials by Marc Attenborough ]]> Sun, 04 May 2008 12:56:44 -0700 http://slcapex.com/forums/topic/INC/449/12638 http://slcapex.com/forums/topic/INC/264
We have a couple lots for sale on New Providence by residents.

If anyone is interested in purchasing a mainland sim we have one available as well, please contact Cheyenne.

INC Mgmt

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 20 Apr 2008 14:51:14 -0700 http://slcapex.com/forums/topic/INC/264/12012 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%204-01-08.htm

Here are some of the highlights.

* We wrote off L$57,000 of the Allenvest debt, which brings the outstanding debt to approximately L$76,000. We anticipate that this will be off our books entirely at the end of April.

* We continue to use our available cash to buy back stock when appropriate. This month we were able to purchase approximately 54,000 shares.

* We are projecting that April's net profits will be between L$5,000 and L$10,000.

* Our NAV is currently L$0.36


in topic Monthly Financials by Marc Attenborough ]]> Thu, 03 Apr 2008 16:08:15 -0700 http://slcapex.com/forums/topic/INC/449/11079 http://slcapex.com/forums/topic/INC/264
We recieved approximately $60,000 from the Allenvest Settlement and are expecting another $60,000 in April. We expect to be taking total write-offs of around $75,000 over the next two months, which will finally put this whole mess behind us.

A large shareholder sold approximately 100,000 shares this week, which was the cause of the recent price fluctation in the stock price.

We will be releasing our March financial statement in a few days, it should look very similar to the February statement.

INC Management

in topic Official Weekly Update - For CEO Posting Only by Marc Attenborough ]]> Sun, 30 Mar 2008 12:01:59 -0700 http://slcapex.com/forums/topic/INC/264/10851 http://slcapex.com/forums/topic/INC/264
Nothing new to report this week. The sims are still 100% full and we are awaiting the next allenvest payment.

in topic Official Weekly Update - For CEO Posting Only by Marc Attenborough ]]> Mon, 17 Mar 2008 20:22:05 -0700 http://slcapex.com/forums/topic/INC/264/10401 http://slcapex.com/forums/topic/INC/1630

in topic Congratulations! by Tom Prospero ]]> Thu, 13 Mar 2008 17:50:09 -0700 http://slcapex.com/forums/topic/INC/1630/10262 http://slcapex.com/forums/topic/INC/1630
in topic Congratulations! by Wellington Philbin ]]> Thu, 13 Mar 2008 12:28:51 -0700 http://slcapex.com/forums/topic/INC/1630/10252 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%203-01-08.htm


Here are some of the highlights:

* As you know, we stopped paying dividends when the banking ban took place and therefore we had to raise salary/commission expenses.

* In order to avoid getting shares of SLW, we repurchased a rather large amount of shares at a higher price than we really wanted to. However, we felt like it made sense.

* We wrote off another L$15,000 of the Allenvest debt, which brings the outstanding debt to approximately L$193,000 on paper. In reality, we are still owed approximately L$378,000, some of which we do not expect to recover.





in topic Monthly Financials by Marc Attenborough ]]> Sun, 09 Mar 2008 11:25:53 -0700 http://slcapex.com/forums/topic/INC/449/10030 http://slcapex.com/forums/topic/INC/264
The financials are still in the works. Nothing has really changed in the past week, but we are pleased with today's announcement regarding the AFB settlement. Hopefully we will have a nice liquidity boost from all of this.



in topic Official Weekly Update - For CEO Posting Only by Marc Attenborough ]]> Mon, 03 Mar 2008 21:50:24 -0800 http://slcapex.com/forums/topic/INC/264/9714 http://slcapex.com/forums/topic/INC/264
Nothing much has changed. We have sold the commercial land on the Jefferson sim. Things are running smoothly. You can expect the financial report for February to be released over the weekend.

in topic Official Weekly Update - For CEO Posting Only by Marc Attenborough ]]> Thu, 28 Feb 2008 15:37:18 -0800 http://slcapex.com/forums/topic/INC/264/9431 http://slcapex.com/forums/topic/INC/264
Not much has changed this week.

*Our private client group is nearly gone, we have less that 10,000 lindens of client deposits that have yet to be claimed.

* Both of the sims we are managing are still 100% full. No one has been late on tier and No one has abandoned their land.

* We have 2,400 meters of land for sale on the Jefferson Sim. It's commercial land, so please contact us if you have an interest.

* We are still buying back INC stock at reasonable prices.

We will keep you updated as things progress.

Inc Mgmt


in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 18 Feb 2008 21:50:47 -0800 http://slcapex.com/forums/topic/INC/264/8881 http://slcapex.com/forums/topic/INC/264
No new developments to report. After a mix up, financials can be found in monthly forum.

Inc Mgmt

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 11 Feb 2008 14:01:06 -0800 http://slcapex.com/forums/topic/INC/264/8705 http://slcapex.com/forums/topic/INC/449

http://www.slinnovative.com/Financial%20Report%202-01-08.htm

in topic Monthly Financials by Marc Attenborough ]]> Sun, 10 Feb 2008 07:58:32 -0800 http://slcapex.com/forums/topic/INC/449/8622 http://slcapex.com/forums/topic/INC/449 Financial Summary
January 31st, 2008


Assets Under Management
Cash & Investment Accounts $ 325,340
Allenvest Accounts $ 268,145
Mainland Real Estate $ -
New Providence Estate $ 315,000
Office on Jefferson Sim (1,400 meters) $ 8,000
Land on Jefferson Sim (1,024 meters) $ 4,000
Total Assets Under Management $ 920,485


Client Assets $ 121,829
Corporate Assets $ 798,656


Corporate Asset Totals on 01-01-08 $ 815,332

Revenues
New Providence Sim Revenues $ 121,726
Los Vegas Sim Revenues $ 110,349
Consulting Fees $ -
Rental Income $ 7,248
Capital Gains from Investments $ -
Capital Gains from Mainland Real Estate $ -
Total Revenues $ 239,323


Expenses
Real Estate Tiers $ -
Jefferson Tiers $ 4,757
Real Estate Depreciation $ -
Allenvest Write Off $ 50,000
New Providence Tiers $ 85,000
Los Vegas Tiers & BCX Fees $ 87,669
Marketing Expenses $ 24
Buildings & Objects $ -
Commissions $ -
Total Expenses $ 227,450


Net Profits $ 11,873
Dividend Paid $ -
Profits Retained $ 11,873

Buyback of 35,700 shares $ (28,549)

Corporate Asset Totals 1-31-08 $ 798,656

Net Asset Value Per Share 0.42


Outstanding Shares & Insider Holdings 1/31/2008
Public Shareholders (99 Individuals) 421,800
Marc Attenborough 764,000
Cheyenne Newman 676,000
INC Treasury Stock 603,200
Guiles Tidewater 35,000
Total Shares Outstanding 2,500,000


in topic Monthly Financials by Marc Attenborough ]]> Sun, 10 Feb 2008 07:54:35 -0800 http://slcapex.com/forums/topic/INC/449/8620 http://slcapex.com/forums/topic/INC/449 This URL does not seem to exist....
best wishes

Tom

in topic Monthly Financials by Tom Prospero ]]> Tue, 05 Feb 2008 01:30:04 -0800 http://slcapex.com/forums/topic/INC/449/8485 http://slcapex.com/forums/topic/INC/264
We have nothing new to report at this time.

Inc Mgmt

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 04 Feb 2008 17:21:36 -0800 http://slcapex.com/forums/topic/INC/264/8479 http://slcapex.com/forums/topic/INC/449 http://www.freewebs.com/innovativeinc/October07.htm

Thanks

in topic Monthly Financials by Cheyenne Newman ]]> Mon, 04 Feb 2008 17:20:27 -0800 http://slcapex.com/forums/topic/INC/449/8478 http://slcapex.com/forums/topic/INC/264
Inc Mgmt

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 28 Jan 2008 20:50:09 -0800 http://slcapex.com/forums/topic/INC/264/8267 http://slcapex.com/forums/topic/INC/264
We have been workin diligently to come up with a solution for shareholders, however, we have yet to hear anything of substance from Linden Labs regarding the stock exchanges. Here is where we stand.....

* At this time, the marjority of our clients have withdrawn their assets with no distruption to our operations.

* INC will no longer pay a dividend.

* The liquidation strategy we announced earlier may need to be put in place. However, we are proceeding with caution on this because it is a very important issue that we do not take lightly.

* We are discussing the possibility of a merger so that shareholders can avoid liquidation, however, that may be a long shot.

We will keep you updated as things progress. Please contact Marc or myself if you have questions.

INC Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 21 Jan 2008 23:25:18 -0800 http://slcapex.com/forums/topic/INC/264/7962 http://slcapex.com/forums/topic/INC/1319
in topic LL policy.. potential asset distribution by Dezmond Martinek ]]> Sun, 13 Jan 2008 07:17:59 -0800 http://slcapex.com/forums/topic/INC/1319/7632 http://slcapex.com/forums/topic/INC/1260
in topic INC. rocks by Sportsbets Writer ]]> Sat, 12 Jan 2008 13:30:06 -0800 http://slcapex.com/forums/topic/INC/1260/7592 http://slcapex.com/forums/topic/INC/1319
The stock was finally getting some momentum and revenue was stabilizing, then this mess came up.

In reality, this is a risk that investors chose to take, but just as human beings, we still have hearts and want to do what we can.

I personally have never put any money into SL and I'm not a greedy person. If I have to take a loss so that we can give a little more to those who need it, then I'm going to do that. My goal was always to make enough to support my SL lifestyle and build some wealth over time if possible, not to take over the world.

in topic LL policy.. potential asset distribution by Marc Attenborough ]]> Sat, 12 Jan 2008 13:25:54 -0800 http://slcapex.com/forums/topic/INC/1319/7590 http://slcapex.com/forums/topic/INC/1319
Your initial post did not make it clear this was a worse case scenario nor did it promise that it was to occur. However, I have no wish to relinquish my investment in INC and should you be able to continue to provide a return this is a far better option for shareholders than a buyout at NAV even if the shares are never again able to be transfered or sold.

in topic LL policy.. potential asset distribution by Dezmond Martinek ]]> Sat, 12 Jan 2008 12:53:42 -0800 http://slcapex.com/forums/topic/INC/1319/7587 http://slcapex.com/forums/topic/INC/1319

The biggest issue with that, is that would be seen by LL as providing a return on investment, which is against the new policy. If we were to go that route, there would need to be no dividends at all, and perhaps we would need to structure it as a "loan" that we recieved from a pool of individuals. In addition, going forward we will be operating with less liquidity due to the closure of our Global Investor Group, and the lack of access to our Capex funds.


In addition, We never recieved nearly 60% of the IPO money that we raised. That was a result of the Allenvest issue. Despite all of that we have still managed to pay 0.13 in dividends per share, plus we have bought back 583,000 shares directly from the market.


As for our obligations, we are not obligated to return anything other the value of the company's assets. It's an open market and the share price is determined by the public and. Distribution is determined by the NAV. We obviously cannot return funds that we do not have. Our prospectus clearly stated that the stability of the SL Economy and the stock exchange were the greatest risk and that you should consider the risks before investing.


The plan announced is very preliminary and a lot can happen in the next 10 days. However, we wanted to make everyone aware of the worst case scenario. It's was the responsible thing to do.


Rest assured that we share your concerns and will be glad to work with everyone towards a solution and listen to alternatives. All options are on the table.

We did not create the AVIX collapse, and we did not create the new LL policy. This is not our fault, but we are still working to do what we can to get past this.


in topic LL policy.. potential asset distribution by Marc Attenborough ]]> Sat, 12 Jan 2008 12:10:48 -0800 http://slcapex.com/forums/topic/INC/1319/7583 http://slcapex.com/forums/topic/INC/1319
How does the new policy and 10-15 cents release you from your obligations to the people that invested in your company? Regardless of this policy regarding objects I see no reason you could not distribute payments monthly to the individuals and institutions who have purchased these shares with an expected montly return.

Why can't your investors choose to retain ownership in INC and be paid manually thru an avatar?

in topic LL policy.. potential asset distribution by Dezmond Martinek ]]> Sat, 12 Jan 2008 06:55:12 -0800 http://slcapex.com/forums/topic/INC/1319/7567 http://slcapex.com/forums/topic/INC/264
Nothing new to report apart from dividends and financials previously posted this week.

INC Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 06 Jan 2008 21:14:34 -0800 http://slcapex.com/forums/topic/INC/264/7217 http://slcapex.com/forums/topic/INC/1260
Fair enough. Personally, I don't place much stake in technical analysis, but we can agree to disagree on that. I look only at business fundamentals.

I like INC so far because management have shown that they can produce a profit, because they've shown reasonably good communication on the forums here, and they have been consistent about doing so. My biggest single concern is that top line revenues are a bit low at $405,490 but the profit margin is acceptable. The net profit is in the range of other decent publically traded SL companies.

- Cloud

in topic INC. rocks by CloudDeck Boa ]]> Sun, 06 Jan 2008 13:08:33 -0800 http://slcapex.com/forums/topic/INC/1260/7210 http://slcapex.com/forums/topic/INC/1260 Buy from 0.93 to 1.2, sell over 1.40

Enky

in topic INC. rocks by Enky Nakamura ]]> Sun, 06 Jan 2008 11:53:50 -0800 http://slcapex.com/forums/topic/INC/1260/7198 http://slcapex.com/forums/topic/INC/1260
Sportsbets

ps: daily high 1.46

in topic INC. rocks by Sportsbets Writer ]]> Sun, 06 Jan 2008 07:19:06 -0800 http://slcapex.com/forums/topic/INC/1260/7188 http://slcapex.com/forums/topic/INC/1260
As an INC shareholder, I agree, but ask your reasons or justification why you think it is a strong buy?

Why hold it at all?

Why the valuation of 1.07 - 1.13 you cited?

- Clouddeck Boa

in topic INC. rocks by CloudDeck Boa ]]> Sat, 05 Jan 2008 10:49:27 -0800 http://slcapex.com/forums/topic/INC/1260/7146 http://slcapex.com/forums/topic/INC/1260
in topic INC. rocks by Sportsbets Writer ]]> Sat, 05 Jan 2008 02:57:16 -0800 http://slcapex.com/forums/topic/INC/1260/7136 http://slcapex.com/forums/topic/INC/449
http://www.slinnovative.com/Financial%20Report%201-01-08.htm


We have just completed our 6th month as a public company, here are the things we have accomplished thus far.

* NAV has increased from 0.38 to 0.42
* Dividends have been paid inc each month since going public.
* The stock price is above the IPO price.
* 567,500 shares of stock have been repurchased, leaving 1,932,500 outstanding.
* L$ 1,451,955 in revenues have been generated.
* L$ 604,484 in net profits have been generated.
* L$ 267,652 has been distributed as dividends.
* None of our staff has ever taken a salary. Our compensation has been based soley on profitability.

All of this has occured despite the collapse of multiple banks and land prices.

in topic Monthly Financials by Marc Attenborough ]]> Tue, 01 Jan 2008 15:40:38 -0800 http://slcapex.com/forums/topic/INC/449/7035 http://slcapex.com/forums/topic/INC/264
Busy time of year for everyone, but we are excited to report we have only one lot remaining at our new sim New Providence. Things are moving ahead. Dividends to post!!

Inc Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Tue, 01 Jan 2008 13:40:00 -0800 http://slcapex.com/forums/topic/INC/264/7029 http://slcapex.com/forums/topic/INC/264
We are very pleased to report another payment on the Allenvest funds, way to go Bo! Our New Prividence sim has just one lot remaining for sale and will be totally sold out as well!! Things are moving along well with mainland as well.

Merry Christmas and warm holiday wishes to find you and yours a safe and happy season and the year to come.

Inc Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 23 Dec 2007 12:38:30 -0800 http://slcapex.com/forums/topic/INC/264/6770 http://slcapex.com/forums/topic/INC/264
Not much new to report at this time, we have three remaining lots in the New Providence sim. Should you have any questions, please contact Marc or myself.

INC Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Tue, 18 Dec 2007 20:00:47 -0800 http://slcapex.com/forums/topic/INC/264/6666 http://slcapex.com/forums/topic/INC/1147
Well two little pionts remain. You devaluated your office at jefferson sim at 7,000L$ and stated this as Depreciation under expenses. But you also upvalued New Providence Estate from 314,925 L$ in october to 315,000 L$ in november and this is not shown as a revenue. So your provits should be 42,737 L$ not 42,662 L$

less the buyback (7,783 L$) we have 34,954 L$ more in Corporate Assets at 12-3-07 than at 11-3-07.

774,458 L$ + 34,954 L$ = 809,412 L$
(809,337 L$ you state at the bottom of your report)

But you state Total Assets Under Management 1,332,312 L$ = Client Assets 502,975 L$ + Corporate Assets 829,337 L$, 20,000 L$ more than at the bottom of the report!

Well I would guess that is the Allenvest write off, that is unaccounted for the Assets.

Is that correct?



in topic Real estate by Gedeon Zehetbauer ]]> Sat, 15 Dec 2007 09:00:02 -0800 http://slcapex.com/forums/topic/INC/1147/6560 http://slcapex.com/forums/topic/INC/1147
Real Estate Depreciation is the decrease in value on the land we own on the Jefferson Sim. The property values on this sim have decreased in the past several months. If you look at our previous reports, you will see that the value of the Jefferson land was much higher in the past and has decreased by the amount of the depreciation expense.

Since these are clearly two seperate items, we report them seperately.


in topic Real estate by Marc Attenborough ]]> Fri, 14 Dec 2007 15:33:50 -0800 http://slcapex.com/forums/topic/INC/1147/6547 http://slcapex.com/forums/topic/INC/1147
what are Capital "Gains from Real Estate" and "Real Estate Depreciation"?

perhaps you can provide a detailed list of land sales and purchases you made from July up to now, because this is really not understandable!

in topic Real estate by Gedeon Zehetbauer ]]> Thu, 13 Dec 2007 14:27:22 -0800 http://slcapex.com/forums/topic/INC/1147/6487 http://slcapex.com/forums/topic/INC/449 http://www.slinnovative.com/Financial%20Report%2012-01-07.htm

This was yet another solid month for INC. Here are a couple of items to note.

We took a $7,000 write off land that is on the Jefferson sim, we believe that property is now fairly vauled.

We took a $20,000 write off on the debt that is owed to us my Allenvest. We are only expecting to recieve 70% of this debt, so we are taking some of the write offs early so that there are no surprises later.

The Los Vegas Sim remains full and the New Providence Sim is progressing nicely. These two projects alone will will be generating enough revenue to provide our 0.02 per share dividend on an ongoing basis.

Net of all write-offs, the INC still posted 82,000 in profits for the month, nearly half was distributed to shareholders as a dividend.

If you have any questions or concerns, please let us know.



in topic Monthly Financials by Marc Attenborough ]]> Sun, 09 Dec 2007 16:32:17 -0800 http://slcapex.com/forums/topic/INC/449/6391 http://slcapex.com/forums/topic/INC/264
Lets try that again. We have posted dividends for the month and will have financials posted shortly.

We still have a few lots available at New Providence if you are in the market, its a great community.

Cheers,
INC

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 02 Dec 2007 21:51:44 -0800 http://slcapex.com/forums/topic/INC/264/6139 http://slcapex.com/forums/topic/INC/264
in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 02 Dec 2007 21:49:20 -0800 http://slcapex.com/forums/topic/INC/264/6138 http://slcapex.com/forums/topic/INC/264
We are happy to report that we have received a payment of our funds on deposit with Allen, thanks to the hard work of Bogart!!! We look forward to receiving more in the future and remain very positive.

Real estate continues to do us well and we now have seven lots on New Providence of various sizes, please come have a look.

We look forward to a dividend in a few days.

Please contact myself or Marc with questions.

INC Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 26 Nov 2007 21:53:24 -0800 http://slcapex.com/forums/topic/INC/264/5959 http://slcapex.com/forums/topic/INC/264
We are continuing with real estate sales and the New Providence sim is now 43% sold in terms of lots.
The Los Vegas sim is 100% sold. Please contact myself or Marc for further details.

Chey

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 19 Nov 2007 15:06:19 -0800 http://slcapex.com/forums/topic/INC/264/5557 http://slcapex.com/forums/topic/INC/264
Nothing new to report at this time. If you have questions/concerns please contact Marc or myself.

Thanks

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 12 Nov 2007 19:41:03 -0800 http://slcapex.com/forums/topic/INC/264/5236 http://slcapex.com/forums/topic/INC/906
Issuing a stock split may have the following impact in the long run:
- Price volatility may increase as the prices are halved
- Substantial increase in trading volume as the outstanding shares are doubled

My 2 cents and an expressed opinion.

iVentures Group
www.sliventures.com

in topic Stock Split by iVentures Volitant ]]> Mon, 05 Nov 2007 13:44:57 -0800 http://slcapex.com/forums/topic/INC/906/4984 http://slcapex.com/forums/topic/INC/264
Another quick update on all the exciting things happening at INC.

* The dividend was posted on 10-31-07 and the financial report for October has been posted. It was a record month for both Revenues and Net Profits.

* We purchased and took possession of our own private island, New Providence. The developement has also been completed and the land is currently for sale.

* The Los Vegas partnership with BCX bank is running smooth. The sim remains 100% full and every payment has been made on time.

* Our mainland Real Estate portfolio remains very profitable.

* We are currently sponsoring one of the "Dance for the World" events, which will be held on New Providence this Friday night.

Thank you all for your continue support of our business. If you have any questions or concerns please contact Marc or myself. We anticipate greater growth this month!!

Sincerely,
INC Management



in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 05 Nov 2007 10:15:12 -0800 http://slcapex.com/forums/topic/INC/264/4971 http://slcapex.com/forums/topic/INC/906
in topic Stock Split by Marc Attenborough ]]> Sun, 04 Nov 2007 16:56:48 -0800 http://slcapex.com/forums/topic/INC/906/4945 http://slcapex.com/forums/topic/INC/449 http://www.slinnovative.com/Main_files/page0003.htm. It was an extremely busy month for us that resulted in record revenues and record profits!

in topic Monthly Financials by Marc Attenborough ]]> Sun, 04 Nov 2007 16:52:33 -0800 http://slcapex.com/forums/topic/INC/449/4944 http://slcapex.com/forums/topic/INC/906
in topic Stock Split by Dezmond Martinek ]]> Sun, 04 Nov 2007 15:33:53 -0800 http://slcapex.com/forums/topic/INC/906/4941 http://slcapex.com/forums/topic/INC/906
Any feedback would be appreciated.

in topic Stock Split by Marc Attenborough ]]> Sun, 04 Nov 2007 12:31:34 -0800 http://slcapex.com/forums/topic/INC/906/4937 http://slcapex.com/forums/topic/INC/264
We are in the process of purchasing and developing a new sim. No other major developments to report at this time. We have not heard from Allen regarding our funds on deposit.

INC Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 28 Oct 2007 16:03:02 -0700 http://slcapex.com/forums/topic/INC/264/4722 http://slcapex.com/forums/topic/INC/851
Marc Attenborough - 764,000 shares
Cheyenne Newman - 676,000 shares
INC Treasury Stock - 505,000 shares (held by Marc)
INC Employees - 85,000 shares
94 Public Shareholders - 470,000 shares

Total Shares - 2.5 million




in topic Number of shares in public trading by Marc Attenborough ]]> Tue, 23 Oct 2007 15:19:44 -0700 http://slcapex.com/forums/topic/INC/851/4595 http://slcapex.com/forums/topic/INC/851
in topic Number of shares in public trading by Dezmond Martinek ]]> Tue, 23 Oct 2007 13:51:24 -0700 http://slcapex.com/forums/topic/INC/851/4593 http://slcapex.com/forums/topic/INC/264
INC Management

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 22 Oct 2007 19:07:41 -0700 http://slcapex.com/forums/topic/INC/264/4566 http://slcapex.com/forums/topic/INC/824 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


in topic Share price increase by Jodok Winkler ]]> Fri, 19 Oct 2007 16:37:42 -0700 http://slcapex.com/forums/topic/INC/824/4448 http://slcapex.com/forums/topic/INC/824
in topic Share price increase by Marc Attenborough ]]> Fri, 19 Oct 2007 14:46:03 -0700 http://slcapex.com/forums/topic/INC/824/4440 http://slcapex.com/forums/topic/INC/824
The stock has nearly doubled in one day.

Is there some news I missed?

Regards,
Cash


in topic Share price increase by Cash Yiyuan ]]> Fri, 19 Oct 2007 10:58:30 -0700 http://slcapex.com/forums/topic/INC/824/4428 http://slcapex.com/forums/topic/INC/803
Just a polite heads up, please don't take offense.

Your website is completely broken with anything other than current IE implementations. On Firefox 2.x for Linux & Windows it is totally unusable.

The navigation bars, background images, image maps etc are all either completely missing or non functional.

SLFinances.Met statistics report over 40% of our visitors are using Firefox and another 3-4% using Opera or Safari which I highly suspect will suffer the same issues. I imagine, that we are targeting a similar market base and your figures will approximate mine.

Alas, give or take, roughly one full half of your potential clients will be faced with a decidedly unprofessional first impression.

Looking at the code, it appears to have been generated with MS Office which no doubt would account for the incompatibilities.

Other than that, great job ;)

Regards,

Amor Philbin

in topic SLinnovative.Com by Amor Philbin ]]> Wed, 17 Oct 2007 22:40:33 -0700 http://slcapex.com/forums/topic/INC/803/4336 http://slcapex.com/forums/topic/INC/264
We continue to work on previously posted projects. Nothing new to report at the moment. Please contact myself or Marc with questions.

INC Management Team

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 15 Oct 2007 15:07:08 -0700 http://slcapex.com/forums/topic/INC/264/4158 http://slcapex.com/forums/topic/INC/754 http://www.slcapex.com/forums/topic/general/751

in topic In the interest of INC Investors by Cash Yiyuan ]]> Thu, 11 Oct 2007 02:44:42 -0700 http://slcapex.com/forums/topic/INC/754/3902 http://slcapex.com/forums/topic/INC/264
We have had an exciting week at INC with lots of things happening:

* The dividend was posted on 10-01-07 and the financial report for September has been posted

* We are in the final stages of our branding project. Our new company logo is complete, our domain name is setup and our new website is nearly finished. We will host a meeting later this week to launch it. We are very excited!

* The Los Vegas sim has been successfully developed and is now 100% full.

* The Rock now offers insurance coverage on our company

* We have done minmal stock trading and continue to search for new opportunities.

* Our consulting business is still going strong.

* Our real estate portfolio continues to pick up speed.

* We are still negotiating the return of our Allenvest funds and are optomistic at this time.

Thank you all for your continue support of our business. As always, if you have any specific questions or concerns we hope you will contact us in world. Have a great week.

INC Management Team


in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 07 Oct 2007 18:26:01 -0700 http://slcapex.com/forums/topic/INC/264/3736 http://slcapex.com/forums/topic/INC/449 http://www.freewebs.com/innovativeinc/October07.htm

in topic Monthly Financials by Cheyenne Newman ]]> Sat, 06 Oct 2007 13:53:02 -0700 http://slcapex.com/forums/topic/INC/449/3669 http://slcapex.com/forums/topic/INC/659
Recieved my dividends and all is well (aside from AIG but let»s not go there).

Keep up the good work!

Kahai Kubo

in topic Dividends this time around? by Kahai Kubo ]]> Mon, 01 Oct 2007 15:59:01 -0700 http://slcapex.com/forums/topic/INC/659/3359 http://slcapex.com/forums/topic/INC/264
Some key points for the week:

* As we continue our buyback of INC shares we currently have 499,000 of the IPO shares still in circulation.

* We have scheduled a meeting with Investor Allen regarding our deposit at Allenvest.

* Our stock portfolio continues to be sluggish however our real estate portfolio has picked up slightly.

* Our Los Vegas sim continues to be a major project and is moving along.

* We are working on a new marketing project.

Be sure to send us an IM if you have any questions or concerns.

Chey and Marc

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Mon, 01 Oct 2007 08:05:32 -0700 http://slcapex.com/forums/topic/INC/264/3287 http://slcapex.com/forums/topic/INC/659
We have paid a total of 0.06 per share since going public in July, we have never missed a dividend payment.

Also, despite not having access to our large deposit at allenvest, we are still profitable. We have yet to have a down month since our company began operating in March.

in topic Dividends this time around? by Marc Attenborough ]]> Sun, 30 Sep 2007 23:16:49 -0700 http://slcapex.com/forums/topic/INC/659/3280 http://slcapex.com/forums/topic/INC/659
in topic Dividends this time around? by Cornellius Hax ]]> Sun, 30 Sep 2007 17:22:48 -0700 http://slcapex.com/forums/topic/INC/659/3258 http://slcapex.com/forums/topic/INC/589 Live the Good Life!

Los Vegas is a fast-growing friendly estate, comprising mostly residential, minimal commerical, all with individual care and attention given to each and every landowner.

This sim includes more then 65,536 square meters of community property. Owners, residents and guests enjoy scenic waterways, and landscaping. Innovative Inc Business Center. ATMs have been installed for BCX Bank, L&L Bank, and a CapEx one is on the way.

Land Price is L$6.50 per meter
Land Tier is L$1.80 per meter, per month


in topic Los Vegas Project Status by Marc Attenborough ]]> Mon, 24 Sep 2007 00:02:52 -0700 http://slcapex.com/forums/topic/INC/589/2701 http://slcapex.com/forums/topic/INC/264
Some key points for the week:

* Our Treasury now holds 448,000 shares of INC. That leaves 552,000 of the IPO shares still in circulation.

* We still have approximately L$587,000 on deposit at Allenvest. The recent issues surrounding AIG are a major concern, however, we are not writing this off yet.

* We will be writing off part of our land on Jefferson, as depreciation expense on the next report. BNT recently lowered land prices on their sims, which we believe would have an impact if we chose to sell it. However at this time, we have a long-term renter for that space.

* Our stock portfolio and real estate portfolio remain sluggish.

* Last Sunday night we began negotiations with BCX to take over the Los Vegas Sim that they forclosed on. The deal was completed on Monday and we took possession of the sim late Tuesday evening. We have completely redeveloped it into a residential sim and have already sold a large portion. Our office has been relocated there as well.

* We are currently looking to further develop our brand as we continue to grow at a moderate pace. We are excited and pleased to add Rixhawz Milestone to our management team. His focus is mainly on operations and developement projects and brings a great deal of expertise to our team.

http://slurl.com/secondlife/Los%20Vegas/113/146/26

Thats it for this week, please IM myself or Marc if you have questions or would like more information.

Chey







in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 23 Sep 2007 23:53:22 -0700 http://slcapex.com/forums/topic/INC/264/2700 http://slcapex.com/forums/topic/INC/552
in topic Investment Uncertainty and a Solid Team by Cheyenne Newman ]]> Sat, 22 Sep 2007 15:31:16 -0700 http://slcapex.com/forums/topic/INC/552/2610 http://slcapex.com/forums/topic/INC/552
When Innovative makes money, their clients make money. If there are slow times, the clients are always informed and kept in the loop. You never have to wonder about what is happening.

I am invested with several other companies and rarely get weekly reports from them as an investor. Innovative sends out communications on a regular basis and the monthly parties for their clients are another way that they show their appreciation. As a client of other groups, I rarely get that feel of being appreciated.

At this point in time, I would like to let Marc and Chey know how much I have appreciated their efforts. I know that you two will succeed with the business plan that you brought to life early in the year and only keep getting bigger and better. I am very proud to be a part of your clientele.

Thank you!
Crystal

in topic Investment Uncertainty and a Solid Team by Crystal Parisi ]]> Sat, 22 Sep 2007 12:06:32 -0700 http://slcapex.com/forums/topic/INC/552/2594 http://slcapex.com/forums/topic/INC/552
in topic Investment Uncertainty and a Solid Team by Wellington Philbin ]]> Sat, 22 Sep 2007 08:44:10 -0700 http://slcapex.com/forums/topic/INC/552/2572 http://slcapex.com/forums/topic/INC/552
That being said, we do not have any money at the WSE anymore either.

Overall, the biggest risks to this market at this point is liquidity risk, and lack of knowledge would be a close second. I suggest getting all of the facts before people invest, that is the reason INC has been so successful. Do not listen to people who throw our rumors with no substance behind it. If investing was easy, then companies like INC & DGD wouldn't stand a chance, because we wouldn't be needed.

in topic Investment Uncertainty and a Solid Team by Marc Attenborough ]]> Fri, 21 Sep 2007 21:36:21 -0700 http://slcapex.com/forums/topic/INC/552/2499 http://slcapex.com/forums/topic/INC/552
With my other individual stock investments, I do feel the need to be glued to the forums.

in topic Investment Uncertainty and a Solid Team by Wellington Philbin ]]> Fri, 21 Sep 2007 14:00:18 -0700 http://slcapex.com/forums/topic/INC/552/2428 http://slcapex.com/forums/topic/INC/528
http://slurl.com/secondlife/Los%20Vegas/115/140/26

in topic Office Relocation & Sim Developement by Marc Attenborough ]]> Wed, 19 Sep 2007 15:39:07 -0700 http://slcapex.com/forums/topic/INC/528/2261 http://slcapex.com/forums/topic/INC/493
I think putting my money in Innovative's hands to handle my investments is the abolsute smartest thing I have done in SL. They are a great team, smart, hard-working, cautious with my money, and communicative. If all publicly traded companies were managed as well as Innovative, the markets would be skyrocketing!

Weelington Philbin

in topic Solid Company, Good Profits, Better Dividend than most! by Wellington Philbin ]]> Tue, 18 Sep 2007 08:04:33 -0700 http://slcapex.com/forums/topic/INC/493/2132 http://slcapex.com/forums/topic/INC/493
in topic Solid Company, Good Profits, Better Dividend than most! by Cheyenne Newman ]]> Tue, 18 Sep 2007 07:12:42 -0700 http://slcapex.com/forums/topic/INC/493/2128 http://slcapex.com/forums/topic/INC/493 http://www.slcapex.com/home/story/INC/690. This companies stock is way undervalued, and being mid month when stock prices seem to tank this is probably (in my opinion) the best time to get in on this stock. I have placed some buy orders and tripled my holdings in this stock so far. Good looking guys, I appreciate all the hard work!

in topic Solid Company, Good Profits, Better Dividend than most! by Cornellius Hax ]]> Mon, 17 Sep 2007 23:51:51 -0700 http://slcapex.com/forums/topic/INC/493/2103 http://slcapex.com/forums/topic/INC/493
In addition, we are extremely selective when it comes to working with other companies. Anyone that we partner with has to be someone we have had a long standing relationship with and who we trust completely. We are a very close group here at INC.

in topic Solid Company, Good Profits, Better Dividend than most! by Marc Attenborough ]]> Mon, 17 Sep 2007 18:24:28 -0700 http://slcapex.com/forums/topic/INC/493/2090 http://slcapex.com/forums/topic/INC/493
in topic Solid Company, Good Profits, Better Dividend than most! by Il0n Papp ]]> Mon, 17 Sep 2007 14:14:52 -0700 http://slcapex.com/forums/topic/INC/493/2074 http://slcapex.com/forums/topic/INC/264
* We still have approximately L$591,000 on deposit at Allenvest. We have made multiple attempts to contact Investor Allen and have recieved no response.

* We recently completed a consulting contract for a profit of $L 13,000.

* Our stock portfolio and real estate portfolio is rather sluggish, but consulting seems to be going well. We have completely removed all of our funds from the WSE.

* In the event of a run, we have sufficient liquidity to cover all of our clients.





in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 16 Sep 2007 23:52:37 -0700 http://slcapex.com/forums/topic/INC/264/2034 http://slcapex.com/forums/topic/INC/493
in topic Solid Company, Good Profits, Better Dividend than most! by Marc Attenborough ]]> Sun, 16 Sep 2007 11:11:35 -0700 http://slcapex.com/forums/topic/INC/493/2003 http://slcapex.com/forums/topic/INC/493
in topic Solid Company, Good Profits, Better Dividend than most! by Cornellius Hax ]]> Sat, 15 Sep 2007 20:20:24 -0700 http://slcapex.com/forums/topic/INC/493/1979 http://slcapex.com/forums/topic/INC/233
in topic Prospective Merger Candidates by Marc Attenborough ]]> Wed, 12 Sep 2007 16:27:51 -0700 http://slcapex.com/forums/topic/INC/233/1873 http://slcapex.com/forums/topic/INC/449 http://www.freewebs.com/innovativeinc/Financial%20Report%209-1-07.htm

in topic Monthly Financials by Cheyenne Newman ]]> Mon, 10 Sep 2007 21:07:02 -0700 http://slcapex.com/forums/topic/INC/449/1780 http://slcapex.com/forums/topic/INC/233
in topic Prospective Merger Candidates by Cliff Eclipse ]]> Mon, 10 Sep 2007 09:40:01 -0700 http://slcapex.com/forums/topic/INC/233/1725 http://slcapex.com/forums/topic/INC/264
There is no new information to report at this time, we will let you know as soon as we have new developments to report.

in topic Official Weekly Update - For CEO Posting Only by Cheyenne Newman ]]> Sun, 09 Sep 2007 20:12:19 -0700 http://slcapex.com/forums/topic/INC/264/1709