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It is now listed on the Ancapistan Capital Exchange in Venture Square, where its now free of corrupt manipulation by individuals inimical to the company. ACE will be holding elections for its board of directors from among its member investors, which will be overseen by the SL Exchange Commission.

I didn’t invest anything in Ginko… I saw it as too good to be true right from the start.

Lewis

For your information,I own HCL and Ginko. Yes I also bought Ginko cheap and took the risk. Concerning HCL you probably know that it doesn’t matter if a price goes up or down, in every market you can make money. I feel very comfortable with the price of HCL at the moment.

We can argue what a correction or a crash is? Secondlife is a micro economy at the moment. And every economy has his up’s or down’s.

I am only interested to see what will happen next. Who will execute this? I agree with you that this story needs to be ended (=liquidated). I wonder how you will liquidate a hugh number of shares for a reasonable price, that is why I came up with HCL. Selling is not a problem only to find good buyers.

With other words share us your plans.

Thanks!

Nic should just never log into SL again and call it even (or get an alt haha). He taught you all a valuable lesson.

@Everyone that wants LL to get involved in this situation: You’re morons. None of you can complain about the gambling ban or “broadly offensive” if you are calling for LL to get involved in this situation.

This is a prime example of “TAKE RESPONSIBILITY FOR YOUR OWN ACTIONS”.

You gave an assload of money to a guy with hollow promises and not much else to offer. I saw it the first second I looked into Ginko way back when everyone swore by it.

Now you’re all crying “ponzi!” and want Uncle Linden to wipe the dirt off you and pick you up after falling off the swings. Well it should be obvious to you kids that Uncle Linden likes to touch people and there’s a reason he’s not seen at the playground much these days!

Keep LL out of SL and take responsibility for your own decisions like adults.

Well, now Ginko is well and truly dead, and I suppose it’s time to strip the corpse of valuables and chuck it in a deep, deep hole. There’s no ‘legal’ system or ‘courts’ in SL to go about doing this, so it’s up to the bondholders to oerganize things and liquidate the assets (with the help of ethical asset holders and a little peer pressure)

Now, if Shaun wants to do that job for me, that’s fine by me. I don’t know a thing about him, and all I can do is hope he’s honest about it and doesn’t skim anything off the top when he reports the assets he’s aquired. But the odds of him being honest are better than the odds of me getting much out of Ginko myself, so to hell with it. And if Shaun makes some cash from having bought GPB off of investors at pennis on the dollar, then good for him. He didn’t hold a gun and FORCE people to sell him their bonds at low prices, did he?

Getting a picture of Nicholas Portocarrero with his stupid bling necklace on.

(Think maybe he was spending on something for himself? Har, surely did.)

At that point the court, NOT THE BOND HOLDERS, take possession of property and whether or not to liquidate that property for dispersal to lenders will be a decision worked out UNDER THE AUSPICES of a court.

Someone who happens to have made large loans to a business, which is what a “large bondholder” would be, is nothing more or less than a creditor. He has zero authority to seize property. In fact, doing so is theft.

Of course, SL may not reflect RL methodology, but it is useful to remember that RL methodology evolved over long periods of time to reduce and eliminate problems with random methodologies — like large creditors seizing property they do not own.