Dagger Media Rocks On, Stays Heavy, Releases IPO on Virtual Stock Exchange
Unsuccessful Bid to Takeover WJUV(ACE) Leads Tanzie Dagger to Lauch IPO
The move comes after an unsuccessful attempt to assume control of WJUV(ACE).
In the official press release Dagger said,"We are a free radio station, which means anyone can listen at no charge. If you have an internet connection, you can hear us and make live requests 24 hours a day, 7 days a week, 365 days a year. We make our money from advertising and making public appearances in SL. Dagger Radio is a small concept that has grown by leaps and bounds. We have a full line up of the best djs and hottest music . Always on the cutting edge, Dagger Radio delivers you the best music, both old and new. Feel Free to Listen In Game From http://daggerradio.ipr365.com:10562. Right now Dagger Radio has 10 full time DJs. We are redoing our sceduling of DJs, as in the past I have had a calling request shows, Remote DJ spots at clubs all over SL. When we DJ at clubs we also stream on WJUV/Dagger Radio. We are also working on a few shows, one being a live calling show to debate and discuss SL and other Virtual Worlds. Right now we are play in SL and on the WWW. There is a large following of Dagger Radio on WOW, as I also play WOW."
Dagger also explained his reasoning behind the IPO, "Doing an IPO and being on VSTex will give us exposer to more people in SL. More people listening, means more advertisers, more revenue, more profit for dividends. We feel that the assets stolen by Monkey Canning (AVC) and Mike31 Dawes (DFC) need to be repaid. We have offered to buy WJUV on ACE with no responce from Tyrian Camilo. To us this company has been in SPO for over 4 months, which is just to long, with a 1 time dividend payment in the 18 months of existance. No announcements and no listens. We offered to buy Tyrian out and move those shares here. He has never responded. So we have decided to do an IPO for Dagger Media Inc / WJUV. Raising 250,000L$ we feel is a small amount, for an establisted radio station with a website and request system already in SL. 70,000L$ of the capital raised in the IPO will go directly to the DFC (20,000L$) and AVC (50,000L$) shareholders, if the IPO sells out 100%."
VSTEX recently released it's last IPO, Virtual Worlds Employment Agency (VHE :VSTEX), into active trading.
Published by Nicolo Luminos
I am a journalist in SL who covers a wide spectrum of topics. Currently working on: Financial Sector Documenting RL/SL Synergies Travelouges/Event Coverage View profile
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