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An announcement by CEO of CSL & CSV from their website
This is directly from the Crystal Sprinds Land And Loans website: http://www.csll-sl.com/
Dear CSLL & CSVC Shareholders:
I have decided to stop the merger of Crystal Springs Virtual Capital (CSV) and Crystal Springs Land and Loan (CSL), and take them both private. I am doing this because of many different reasons.
The main reason is that scammers are making doing business in the "public" financial sector of Second Life impossible. I believe that there are major changes coming soon, and it's best for me to just go private with my companies now. I hope Linden Lab steps in sooner rather than later and starts regulating the financial sector here, before thousands more lose their Lindens in SL companies and other stock exchanges scams.
I wish to note that Vstex and the International Stock Exchange are by far the most honest stock exchanges within Second Life. Vstex staff Samantha Goldflake and Tobia Forcella have been very helpful to my two companies, and I do greatly appreciate all their past help. However, they cannot control the outside factors that are disrupting my ability to be listed on their stock exchange. I wish Vstex the best of luck in their future endeavors.
For now, I will continue to operate the companies with just my own money/Lindens, privately. We'll see what happens in the future, but for now I'm still profitable and the companies will continue to run, profitably.
I will pay Crystal Springs Virtual Capital (CSV) shareholders 1.00 Linden per share directly to the shareholder within the next few weeks. The current Net Value Per Share is around .13L, so CSV shareholders are getting a great deal.
I will pay Crystal Springs Land and Loan (CSL) shareholders .55 Linden per share directly to the shareholder within the next few weeks. The current Net Value Per Share is around .19L, so CSL shareholders are getting a great deal too.
Thank you all for your past support and trust, and if you need land or a land loan within Second Life, please feel free to IM me.
Skip Oceanlane, CEO
Crystal Springs Land and Loan
Crystal Springs Virtual Capital