Ring The Virtual IPO Bell! STUDIO 777 is Going Public On Second Life's Capital Exchange

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Ring The Virtual IPO Bell! STUDIO 777 is Going
Public On Second Life's Capital Exchange
(1888 PressRelease) STUDIO 777 in Second Life
joins the 1 Stock Market Simulation Game with a
L6,000,000 initial public offering, its largest
ever. The IPO on Capital Exchange begins
Wednesday, June 4, 2014 at 500am PDT. STUDIO
777 (CAPEX FUN), the 1 Skill Gaming Nightclub,
Mall and Resort in the Second Life virtual world
since 2009, announced the pricing and approval of
its initial public offering of 4,000,000 shares
of its common stock at a price in Linden Dollars
("L") of L1.50 per share. The Company expects
to receive gross proceeds of L6,000,000 from the
offering at closing, representing 20 of the
Company. The shares are expected to begin trading
under the symbol "FUN" on the Capital Exchange
Stock Market Simulation Game at 500am SLT (PDT)
/ 800am EDT on Wednesday, June 4, 2014 at
http//www.slcapex.com/ipo. FUN is comprised of
several successful enterprises A Dance Club,
JOBSTAR Job Center, 777 Shopping Mall and Skill
Gaming Resort. The Company has been profitable
since inception in 2009 with tens of thousands of
customers. At STUDIO 777, Guests play games, win
and earn Lindens, socialize, enjoy great music
and dance, experience a unique location with
stunning graphics and bright visuals, find a job,
shop, take a bike ride -- or even a rocket
ride. While in accordance with Linden Research,
Inc.'s Terms of Service there can be no
guarantees, the Company intends that investors
will receive percentages of profits through
monthly L dividends and with demand the price of
shares will rise, creating more investor value.
Currently, the Company has monthly revenue of
L10,000,000 and expenses of L9,800,000. The
offering and details are available at
http//www.slcapex.com/home/story/system/8182 and
should be read carefully.
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Joining CEO Luke Slingshot and President KariAnne
Starsmith on FUN's Board of Directors is Glaznah
Gassner, the trusted and successful CEO of
Smartbots (CAPEX BOTS) and Earn2Life (CAPEX
EARN). Capital Exchange is the 1 stock market
simulation game within Second Life. Skip
Oceanlane, CEO of CapEx, has made honesty and
integrity the cornerstone of the exchange
http//www.hypergridbusiness.com/2011/05/new-owner
-of-virtual-exchang ... wer-scams/. With over
22,000 accounts and L15,179,232.22 on deposit,
the FUN IPO will be the largest ever to list at
Capital Exchange. Luke Slingshot, Founder and
CEO of STUDIO 777, commented, "Our experience,
reputation, demonstrated results, commitment to
quality and enthusiasm for the amazing things
Second Life can do has created a destination that
has exceeded our wildest expectations. After two
years of working with Skip and his outstanding
team, we're honored to be joining Capital
Exchange. Having Glaznah Gassner on our Board
brings a wealth of knowledge and experience that
is unmatched at CapEx. As Second Life continues
its revolutionary growth and development, STUDIO
777 is dedicated to amplifying the convergence of
technology and entertainment." "I am happy to
announce that the Capital Exchange Regulatory
Commission (CERC) has approved the L6,000,000
Initial Public Offering (IPO) Application for
STUDIO 777 (FUN). Congratulations to FUN CEO Luke
Slingshot and everyone at STUDIO 777," said Skip
Oceanlane, CEO of Capital Exchange. "This company
listing will definitely expand our visibility
within Second Life, and help bring in many new
investors. I'm very excited about it." ABOUT
STUDIO 777 Since 2009, STUDIO 777 has welcomed
over 1 million Guest visits with over 50 million
minutes spent at STUDIO 777 in the Second Life
virtual world. With 30,000 Group Members, over
1,400 Live Events with international DJs L
prizes, 50 Mall Stores, and L250 Million Linden
won by Players and Guests, STUDIO 777 has gained
a reputation for trust, integrity and fun. Visit
STUDIO 777 in Second Life at http//slurl.com/seco
ndlife/Sol20Hermosa/114/93/35 Twitter ( _at_ )
Studio777Club and on the web at
http//www.Studio777s.com.
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ABOUT CAPITAL EXCHANGE Capital Exchange
(www.slcapex.com) is Second Life's largest stock
market simulation game. In the last 12 months
over 120,000,000 of virtual stock within the game
has been traded. Skip Oceanlane has been the
Capital Exchange CEO since January, 2011. ABOUT
LINDEN LAB Founded in 1999 and headquartered in
San Francisco, Linden Lab makes shared creative
spaces that inspire and empower users to explore
and share their creativity with others. For more
about Linden Lab, its products, and career
opportunities please visit LindenLab.com. Safe
Harbor Statement This press release contains
statements which may constitute forward-looking
statements. Those statements include statements
regarding the intent, belief or current
expectations of STUDIO 777, members of
management, and assumptions on which such
statements are based. Prospective investors are
cautioned that any such forward-looking
statements are not guarantees of future
performance and involve risks and uncertainties,
and that actual results may differ materially
from those contemplated by such forward-looking
statements. Capital Exchange is a fictional stock
market simulation game operating for
entertainment and educational purposes only. All
activity regarding Capital Exchange is governed
by CapEx's disclosure statement at
http//www.slcapex.com/content/disclosure and
full rules for CapEx participation are at
http//slcapex.com/content/info. Copyright
STUDIO 777 Partners. All worldwide rights
reserved. Second Life is a registered trademark
of Linden Research, Inc. All trademarks, product
data, logos and copyrights are the property of
their respective Companies and no endorsement is
implied. STUDIO 777 is proud to be equal
opportunity and welcomes all applicants.
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CONTACTS For STUDIO 777 Luke Slingshot,
KariAnne Starsmith In world Luke Slingshot,
KariAnne Starsmith Email Mr. Slingshot lukeFLL
( _at_ ) gmail dot com, Ms dot Starsmith
karianneinsl ( _at_ ) gmail dot com For Capital
Exchange In world Skip Oceanlane Email
nyrounder ( _at_ ) aol dot com SOURCE STUDIO 777