BNT Fights for Survival

Intlibber Brautigan: "The Takeover by Woodbury Will Not Come at a More Opportune Time."

For SLReports.net

IntLibber Brautigan, CEO of BNT(ACE), a well know real estate and properties corporation, has recently announced in a press releast at the ACE stock exchange site, along with BNT's financial statement, that he will be "taking drastic action in order to assure continued survival" of the company, as he pointed out reasons for its fall, especially Linden Labs recent decision to raise Open Spaces tiers in January.

The report of the most recent financial quarter shows a loss of over L$400,000, as occupancy hit a low of 64% last summer, now recovered up to 78%.

Things aren't obviously ok at BNT so... what will IntLibber Brautigan's drastic action be?

Well, he stated that there are currently going on "direct negotiations with the leadership of Woodbury University (in Burbank California) to effect a takeover of majority control of BNT" by exchanging his 51% of shares (Brautigan claims to hold a total of 60%) for: 1, access to WU's capital, and student body as a customer base to fill out BNT's sims as virtual laboratories for coursework and student club activities; 2, a salary for himself to remain as CEO of BNT; 3, a sports scholarship in computer gaming.

The maximum goals of this operation? BNT helps Woodbury University - a $100 million dollar institution - become the first virtual land grant college of the Metaverse; WU and BNT working together to expand virtual holdings into intergrids, becoming the premier school for education and research in virtual environments and obviously, as WU's financial numbers impress, assure BNT's survival and growth.

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