FAG Quietly Posts Dividend, Still Hounded by Investor Concerns

FAG(ISE) issued a L$0.01 dividend per share on November 30th, without additional information or dialog from the company.

Some of the International Stock Exchange(ISE)'s most active investors have been questioning Fashion And Gadgets (FAG : ISE) CEO Lucky Raymaker since FAG(ISE) relisted from the World Stock Exchange (WSE) and made a not too personable entry to the exchange, threatening to send investors who ask too many persistant questions to "mute hell".

The ISE takes great pains to ensure that it's forums are the most active and it's company operations are the most transparent of the four Second Life Stock Exchanges, a result of which has been some of Second Life's biggest investors have listed their own companies on the ISE rather than one of the two larger volume exchanges.

When asked if his entry note which included the "mute hell" comment was a joke, Raymaker responded on October 23, "No its not a joke. Sorry but i need to be efficient to run a business with over 280.000 SQM shopping floor in about 22 Locations with about 1500 different products and with about 10.000 Customers in month. So if you think this can be made with only 2 hours in evening + shareholder smalltalk. You are wrong. I have definitly no time for such discussion as i saw from other CEOs. This will be my last posting so far here (for this month)"

GDB Director Andy Grant responded, "Lucky, i understand you're buzy, but either you handle your shareholders communication requests or hire an Investor Relations person to do it for you. Just like with your 10000 customers, when you hit the fan you don't tell your customers: "STFU or i'll muta ya!", you hire a sales rep."

Indeed, Raymaker has not posted additional commentary or answered questions on the FAG(ISE) forum since above October 23rd statement.

Jeb Gibb stated on October 25th, "I've tried only once,but I've tried actually four times now to get Lucky Raymaker to answer my question.You say that you don't have time for us then what was the purpose of delisting from the WSE you could have ran away just like the rest did.I for one would like to point out that if you don't have the time,but yet and still is I see you posting on other conversations on the forum.I'd like Cocky to step if he will because I believe as a shareholder you are entitled to some rights and you aren't complying as a CEO I've ask you could you commit a certain amount of divideds a month and you have yet to reply back obviously we know we your priorities is and we are obviously not one of them."

Mart Lupino has come to Raymaker's aide a few times, and as one of the largest shareholders, states, "I'm one of the biggest shareholders in FAG (27500 out of 152000) and do have regular contact with the CEO's of the companies I invest in. He does have this company for over 2 years now with regular dividend payments. With this message I want to take down some of the negative feelings here. I'm optimistic about FAG. I talked the last weeks a couple of times with Lucky and he reassure me that everything is fine. He is very glad he could move to ISE. Like most shareholders. Also he talked about a very acceptable monthly dividend payment, when there's profit. Also he said that the new LL policy has no effect on FAG becouse Lucky only has mainland."

On October 29th Raymaker issued FAG(ISE)'s last press release, stating in part, "Keeping revenue stable in a shrinking market is very difficult. So this is my main business plan. SL doesnt grow anymore. I could double up my revenue, if SL doubles up. But nope!"

And adding, regarding Shareholder Communication, "You are welcome to sent me notecards, if you have questions. But business comes first, so i may not have time to answer in book form. And please accept , i am the BOSS. I am who decides what to do or not to do. I took this company over with 0 LD cash and 0 Ld turnover from Gaz Sanford alias Banking Beck, shortly after he dumped all his shares in WSE. So far, i build this up with 0 LD IPO Money. So please respect this."