Cyberland Intereting, but too cash heavy

I'm intestested in buying into the Cyberland company, but it seems a bit odd to me that a land trading company would have so little in land (around 60,000 meters) and so much in cash (around L$726,000).

I would expect there to be more land and less cash. Cash doesn't make the shareholders money.

Would the CEO care to comment?

I agree, I look forward to investing in someone who will engage in more land trading.

However, for the time being I am confident in the prospects going forward of this equity.

Jamie,

Sure. Essentially the money is coming in faster than I can spend it right now. I'm not going to buy land wrong or buy lousy land just for the sake of buying land quickly, but as you can see we've moved from a low of around 24km to a high of around 60km recently. I'll continue buying land just as fast as I can.

If you're not comfortable investing at this time you should definately wait it out on the sidelines unless/until you are.


-Shaun

Shaun,

I think what you are doing is very cool.

That being said, if money is coming in faster than you can spend it, why not cap the # of shares being offered for now and sell more later on when the company has a more established track record?

That would make me more likely to buy - because I know there won't be another 900,xxx shares still being offered @ 9.15 in the near-mid term future.

Thanks for your candid replies to all my questions.

???
This makes no sense to me.

There is sooo much land for sale right now, and all dirt cheap.
A lot of it is "good" land, many islands for sale over the last while, lots of mature properties etc.

My entire sim is for sale practically.

But then I would not invest in this scheme in a million years anyway ...

I'm not going to comment too much on what my aquisition strategy will be over the next few months, as far as what kind of margins I'm looking for or where I'm looking. That doesn't make any sense for competitive reasons. As I've said anyone uncomfortable with this investment opportunity shouldn't invest unless/until they are comfortable.



This makes you a 100% uninterested party, so why post something like this at all, other than just to stir the pot?



-Shaun

Because this is a public forum where we all can discuss any issue we like. This issue is fully SL related. We are all interested parties here. This is not your private forum Mr Alt. If you wish for censorship, make your own forum and censor that.

Are you back to chew on a THIRD thread, Mr. Sneer? sigh.

Anyone who would like the full story on this guy should check out this thread, and also this thead. I think these are in chronological order, in the order which he entered and began chewing on them.



-Shaun

Well, what I'd really like to see is Cyberland to put all our money to good use.

Doing so, as quickly as possible. I wasn't anticipating such a flood! I have to say I am thrilled with how this project is going so far though.



-Shaun

a new ponzi sheme derivation?

Not at all.



-Shaun

Hi Jamie,

Sorry, I missed this reply earlier.

I don't want to do a lot of secondary offers with space in between and dilute the value for everyone. As well as the shares are selling right now, I'd rather just do the whole offering at once and be done with it. There will be pleanty of chances to spend on great land when LL starts rolling out the full sim auctions. For now I'm very happy with how the offering is proceeding.



-Shaun

Shaun has so much faith in his scheme, he's actually invested his own money in himself.

From this thread: /130/4e/52981/3.html



If Shaun can trust himself with his money, shouldn't you trust him with yours?

No word yet on whether his investment in himself consisted of his right hand giving money to his left hand, or if it went the other way around.

Another sign of overwhelming confidence is the fact that, apparently (from the same thread) 300 people from the SL forum joined him in the space of two hours.

Correct, at least as far as that I've used a lot of my own L$ to purchase Cyberland shares as well. This has been disclosed on the website.



[/QUOTE]

Why continue to troll the Cyberland threads and twist words? That question, like ALL of the questions you keep hammering away at, has been asked and answered in one of the other threads that you're trolling.



-Shaun

I would like to throw my two Linden cents into this foray. I'm not sure what the motivations are for some of the threads on this subject, but I think there are some who are more interested in debate for debate sake than learned commentary.

If you care to check the leaderboard for land owned on my own right, not to mention buying a large block of Cyberland shares and a high reputation with my clients past and present, I believe I can comment on this topic with some degree of credibility.

I have had a professional relationship with Shaun for many months. I have come to the conclusion that he is bright and honest and has been a man of his word thus far. I have discussed and brainstormed the concept and details of Cyberland at great length with him. I came to the conclusion that investing a pretty handsome sum of Lindens in Cyberland was in my best interest and consistent with my general goal of expanding my real estate position and opportunities in SL.

As with investment in 1st life, one does their due diligence and makes a decision. Even at that, some degree of risk is attached, I venture to point out, even with U.S. Treasury Bonds. Mere existence of something less than a sure thing is not justification for alarm.

Cyberland is in it's infancy. Cash position is high, but this is always the case following a share release. Low stock dividends are also normal in the early stage of an IPO. This is absolutely logical. There are no T-bills in SL to reinvest excess cash and create more money. The only way to generate a profit is to buy and sell land. There's a delay between share release and prudent investment of the cash raised, not to mention a delay between purchase of land and sales.

Bottom line... Those not comfortable, please, sit out and watch. Cyberland has not had sufficient time to create a track record. The concept is sound and the stockholders will keep Shaun's feet to the fire. The proof is in the pudding. Time will be the judge.

Cheers!
Buck Spinnaker

Buck Spinnaker Real Estate Office