Redux Dengaku Looks to Make RDX the Latest World Stock Exchange Refugee

Redux Technologies (RDX : WSE) was one of the final four companies to hold out at the World Stock Exchange(WSE), which imploded with a whimper at the end of November of this year. Most had been waiting for the official collapse of the organization, which many described as "more fragile than a house of cards", which is a hard analogy to fathom.

Since the late November permanent shuttering of WSE to Second Life listed-based companies, Sarah Nerd Estates (SNE : WSE), long described as WSE's most viable company, has gone bankrupt and Delicious Demar Estates (DDE : ISE) has gone on to become successfully listed on the International Stock Exchange.

Redux Technologies (RDX : WSE), with 100,000,000 outstanding shares, is a Second Life design firm. The CEO is Redux Dengaku, the COO is Jess Unsworth, and CIO Adasyd Nino. The share value at the halt of trading was W$3.33. RDX(WSE)'s market capitalization is W$333,000,000.00.

Redux Dengaku sent out a group message yesterday stating, "After a full year of lying to everyone, claiming that his(presumably Luke Connell of Melbourne, Australia, the WSE's disgraced CEO) intention has been reopening business in SL with a new platform, even going as far as setting up an defective ATM for me to pay a dividend with December, he's admitted to me that he never had intentions to reopen business in SL. He's confessed to me that our accounts are never going to be re-enabled, and is holding all of my and your funds indefinately. I'm looking into getting relisted elsewhere, I'll keep everyone posted."

This leaves only the future, if any, of PeoplePool (PPL : WSE) and Action Mortgage and Investment (AMI : WSE) as the only two companies whose fates following the WSE disaster have not yet been publicly ascertained.