IMPORTANT MESSAGE - BnT Sim Residents

URGENT MESSAGE TO ALL FORMER BnT RESIDENTS

From: The Surreal Estate Management Team

Hello everyone,

This message will help those of you who are confused or aggrieved over recent issues with the BnT sims. Our aim is to let everyone know the facts, as we understand them, so that you can take whatever steps you feel are appropriate under the circumstances.

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THE BACKGROUND
BnT “owned” 50 sims and these were grouped in two ways. Several BnT sims were being Leased from Surreal (our group) using a pay per month plan, while about 40 others were SL sims purchased by BnT from Linden Labs using the usual method.

Large amounts of money were owed on all of the BnT sims in the form of unpaid tiers, including those leased from us. As we are not affiliated with BnT (other than the sim purchase agreement noted above) we are unable to account for the details of BnT’s financial situation. What we can say is that, contrary to the many rumours flying about, BnT did not undertake any illegal dealings that we are aware of or ‘steal’ anyone’s money. Put simply, the sims were not profitable and so significant debts accumulated over time.

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THE CURRENT POSITION
Unfortunately BnT went bankrupt on Oct 15th 2009. On the strength of the unpaid tiers, Linden Labs reclaimed 40 of the sims owned by BnT.

Also, after a thorough analysis of the situation and associated debt levels we, at Surreal, found ourselves with no other choice than to take back ownership of the sims that we were leasing to BnT.

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TWO BnT GROUPS
As such there are two key groups of BnT renters and they are each affected differently by the bankruptcy. Please refer to the following part of the message that refers to you. This will be based which sim your property is/was located.

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GROUP 1: SURREAL SIMS
SIM NAMES: Lorrey, Babiarz, Friedman, Nolan, Rothbard, Ruwart, Sorens, Stephenson, Salamis, Badnarik

The above sims are now under Surreal management. We are currently investigating all aspects of these sims - such as how they are set up and prim counts. As matters are still unfolding we will not be able to answer all residents’ questions immediately but we are committed to honouring the arrangements that you had in place with BnT, wherever practible.

Important Note! Please do not pay any rental tiers to BnT mail boxes. We will be setting up a Surreal payment system as soon as possible. We can confirm that no one will be out of pocket while this transition takes place.

Please be understanding if we are unable to provide you with immediate assistance. We ask for your patience during this difficult time and assure you that we will address any issues that you may have in due course.

Surreal contacts: Deuce Marjeta, Nothing Nightfire, Duchess Shepherd, Theresa Alexandria, Ariah Macalroy, Cerze Ophelia

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GROUP 2: BnT’s FORMER SL SIMS
Sadly, these sims no longer exist. Residents will have had their items returned to their inventory or they picked up their items during the 24hrs LL opened these sims to do so.

As these sims are not part of the Surreal group we are not able to assist with any prepaid rental owing, missing inventory or other matters. Our recommendation is to take one or nore of the following actions:
- submit a ticket to LL
- raise the matter in forums and/or
- Seek outside legal advice

What we can do is offer you land on one of the sims we now manage (as noted under Group 1 above). Of course you are under no obligation to accept this offer but we would be more than happy to find a new location that meets your needs if possible.

Depending on the number of people who take up this offer, we may not have enough to land relocate all. Having said that, we will endeavour to do our very best to accommodate everyone.

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ABOUT SURREAL
Surreal Estates exists to deliver freedom to the people of Second Life with no risk. We identify ourselves by our stablity and trust because of our long standing history in Second Life combined with great customer support, quality living and cheap prices.

Our core business is to deliver a wide variety of land together with a great community. The primary target for us is the people that live in our estate, we supply them the best quality service. I'm one of our sales team for you're land needs!

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JOIN THE NEW GROUP
A new group for Surreal residents and those who may wish to relocate to one of our sims is soon to be set up. We encourage all to join this group as soon as possible to post general questions and to ensure you are kept up-to-date with the latest information.

Group name: Surreal Estates Land Owners

Again, please be patient if we are not able to respond as quickly as you’d like. We are trying to assist many people and will get in touch with each of you as soon as we can.

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Hopefully this communication has helped you to understand the facts more clearly. It is a very unfortunate situation for everyone but Surreal Management will try to assist all former BnT residents as best we can.

Sincerely,

Deuce Marjeta
Surreal Estates General Manager

Intlibber goes boom. Interesting. Sucks for a bunch of renters though.

The group is not set for open enrollment. Who do we need to contact to join?

Thanks

wow- i heard about this from a BNT tenant late last night.....thereafter I checked Interlibber's Stock Exchange & Land websites to see if there were any confirmations. There wasn't.....some of his sims that i mapped were still online at that point.

From what I understand, the only sims that are online are owned by Surreal and have been taken back from BnT. BnT's sims that are owned outright have been taken offline by LL.

Intlibber has issued a dramatic statement blaming everyone in the known universe, starting with Prok for his demise.

Do you have a URL of that statement?....would make interesting reading- lol
I also heard the SIMs are going to re-appear on the grid, so that they can be sold off to pay off creditors (SIM residents + LL)

Prok posted the full thing:

http://secondthoughts.typepad.com/second_thoughts/2009/10/intlibber-goes-off-the-deep-end.html

.

http://secondthoughts.typepad.com/second_thoughts/2009/10/intlibber-goes-off-the-deep-end.html

LL will not put the sims online so he can sell them. He's already two months behind on tier and the only way he can get them back online is to pay the full amount due, then they will bring them back online and he can sell them. But he's got a lot of tier to catch up to make that happen. (This comes from someone who knows far more about this than I do.)

It's great reading....big time lulz!