SLG Will Have Negligible Impact on VSTEX

Still in Black After Disappointing November

For SLReports.net

The Virtual Stock Exchange (VSTEX) announced today that while November was a disappointing month with less trading activity, and therefore less profit, than the month of October, that the exchange is still in The Black, and expects the Active Trader Program in December to keep the company profitable enough to enable a Quarter 4 dividend payout.

"First off, the loss of Sri Laxmi Ganapathi Ventures (SLG) will have a negligible impact on us. The loss in commissions is estimated only in 600L$/month, about a 0.69% over our estimated November revenues." Samantha Goldflake, VSTEX Communication and Public Relations Director, said in today's press release, "A bigger impact will have the refund of SecondFootball championship fees; Vstex Company was set to manage the second edition of the Italian Football League on the SecondFootball platform, but we had to change our plans, so collected funds are being returned and will affect both November and December 2008."

SLG(ACE) unexpectedly delisted from VSTEX yesterday and relisted at the Ancapistan Capital Exchange(ACE), a migration that went smoothly on both sides of the transaction.

"No more expenses are expected during the month and despite the negative hits mentioned earlier we're still in the black. Net profit is not expected to be large, but October was a good month and can let us foresee the possibility to issue a quarterly dividend, at the end of Q4," Goldflake forecasted.