Subscribe to this topicForums > General Investment Discussion > Topic: SLW Conversion - Business Strategies
| Feb 21st, 11:59 iVentures Volitant |
SLW Conversion - Business Strategies | |
| Here are my thoughts regarding the SLW Conversion. First, I will state that history is history and what's done is done regarding converting our lindens to SLW shares. Arbitrage Wise has made an executive decision reacting to LL's announcement as any sound leader would do. Any poor leader has committed a bank run and all of the investors have lost. Although the market value of the SLW share price ranges about 30-35% less than what was originally purchased/converted, it is only a capital loss when you sell. Whether or not the shares would be purchased at a premium as stated in the prospectus, the investors are left in limbo. I have made an announcement in SLR and stated my thoughts on SLW Conversion and its business strategies. http://sl-virtual-world-news.com/index.php/Opinions/iVentures-Volitant-s-Blog/SLW-Conversion-Business-Strategy.html I believe that at this time, investors should share their opinions to understand how they can be further protected and at the same time, SLW meets its mission statement. Rather than pointing fingers and state what should or shouldn't have happened, we have the opportunity to discuss remedies or potential solutions based on the recent ramifications of the conversion. If SLW shares is used, the prices are driven by the fair market value. Investors lose as the share price level is toward freefalling and there massively sell orders based on the trading volume. Hopefully my thoughts can help. One of my original ideas is to merge SLW shares and SL CAPEX Currency Exchange and convert SLW shares to its own currency rate. Currently SLW is both used as a payment gateway and a currency platform, as stated in its prospectus. It is possible to convert SLW shares to its own currency rate as a payment for its own businesses, and may expand to other businesses or other metaverses in the near future. Currency relatively remains stable and can be used as payment for products and services alike. I believe WIC was the first to act as its own currency. In my opinion, this currency has failed based on the lack of demand as WSE did not have sufficient products and services offered. However, JTF has a handful of its own businesses including SL CAPEX, SLR, Ad Network, SLML, Helpture, WPM, Google Adsense, and Currency Exchange. Converting SLW shares to its own currency has many advantages including utilizing as a payment for its own business purposes, currency spread is much tighter and remains relatively stable thereby protecting its customers, and SLW shares is no longer treated as a stock, but a currency. This can also be traded in cents (eg 1.01). Another thought. IF the currency was implemented, JTF can also create a currency pair of SLW rate and Lindens rate and vice versa. This would allow for investors to hedge their currency through pips based on market demand. Thoughts? iVentures Group www.sliventures.com |
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| Feb 21st, 12:35 Revolvo Rotaru |
Business Strategies | |
| At this point, I'd prefer SLW not establish itself as yet another virtual currency, nor make plans to: 1. The market is too unsteady right now. 2. It would smack too much of the GPB/WSE/WIC debacle: there would be little faith in developments that resembled other failed models. We're already too close and need to work on differentiating from them as much as possible. 3. It is important to the shareholders that management make it their priority to focus on what are already far-reaching goals (as stated in the prospectus). Stabilize that first, become robust second, take private (as outlined in the prospectus) third. 4. Not sure, but wouldn't LL take a dim view of this as a possible ToS violation? Hedge their currency? Best hedge would be hard currencies. |
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| Feb 21st, 13:19 iVentures Volitant |
Re: SLW Conversion - Business Strategies | |
| You raise a good point with the GPB/WSE/WIC debacle. However, a failed model can be fixed based on the leaders themselves. This would then be based on market demand and products and services that are being offered by the business. JTF has the resources to prevent failed models from occuring or even turn failed models into working models for their business needs. Most importantly, its the trust of their existing customers that can make a failed model work. In my opinion, SL CAPEX can learn from WSE mistakes and can make weaknesses into their strengths, failures into successes. WSE is its own entity and the first market mover. They were well prepared to pump and dump stocks, benefiting mainly themselves and the CEOs/management and left investors in the dust. They were unprepared with market changes and did not have any exit strategies, had much conflict of interests, and did not protect shareholder interest, but rather protected their own financial interests. Each Exchange should be treated independently. As the market remains unsteady, the market will continue to remain unsteady if there are no resolutions. How do investors expect for the market to increase trading confidence by doing nothing? How about SLW current market value? Investors are left in limbo and should not be due to the conversion. If they sell, they lose. If they don't sell, they also lose because they can't use the funds for other purposes. iVentures Group www.sliventures.com |
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| Feb 21st, 14:35 Sportsbets Writer |
Re: SLW Conversion - Business Strategies | |
| Arb`not stupid first change our lindens to real us$ for a terrible exchange rate and then the SLW conversation halfed the money again.He making nice money through the banking ban and still earning commission for every SLW crap stock trade. JT Financials one of the cleverest ponzi style systems i ever saw. Well done. |
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| Feb 21st, 14:39 Revolvo Rotaru |
Re: SLW Conversion - Business Strategies | |
| Leadership is the key to a successful model; my point is that there will be further parallels drawn if this path is chosen is chosen regardless of how excellent management is. This would erode the trust of existing customers and scare away new ones - and right now, given the flight of depositors, JTF needs new capital. I agree with your other statements and sentiments. The bank customers deserve better than being passed a bag of paper and being asked to wait. |
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| Feb 21st, 19:24 Guardian Market |
Re: SLW Conversion - Business Strategies | |
| Using SLW as a currency would only create additional problems right now. Unless pegged to a fixed value, such as the USD or Euro (and the reserves to back up sales of it from investors wanting out), then the market would simply trash SLW's value on the way to get what they really want - Lindens or a real-world currency. It would be GPB all over again. We saw evidence of this last week as the prices of nearly every stock rose, because those securities were seen as a hedge against the value of SLW, which many investors clearly did not want to hold during the conversion. If SLW is to be a viable currency, then it needs to have a fixed value (whether set by market forces or not - it needs to be nearly constant) which is liquid enough to support both new entrants and large exits of the market. I do not believe SLW has that capacity at this time. |
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