Dear investors,
At this point we are still working to provide the documentation SLCAPEX has requested of
us. I am working with Linden Labs to send my avatar's trading history.
The latest resolution CAPEX offered was to withdraw funds from Sky Hedge Fund's balance
- your balances to pay the public POW shareholders. This would cause a further drop in
value for the Hedge Fund and is viewed as nothing but irrational and unethical decision
making. So I am fighting with all my might to revert this decision.
I have been working side by side with Linden Labs to provide CAPEX with all the
documents necessary, my avatar has never made a single transaction off-world and never
moved funds from Second Life as previously claimed, and the documentation I have
provided has eliminated all before mentioned bogus fraud allegations.
The status now is that I am appealing a decision made by the board to divert funds from
your accounts to pay for POW shareholders, as this is nothing short of unethical and
impractical. Bogart Beck is considering waiting for us to receive the final paperwork
from Linden Labs.
As it stands, I am doing everything possible and impossible to me to stop this decision
from taking place and fighting this for a positive resolution so that you do not lose
funds (approximately $600K) at expense of CAPEX making this the resolution to this ordeal.
The appeal I have submitted would also cause no POW shareholders to lose funds and
business to continue as usual, it would also mean that your funds are not touched or
removed from the balances.
Thank you for the support and effort you have shown throughout this ordeal,
SkyRanger Hammerer
CEO - SKY INVESTMENT FUNDS
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