RING THE IPO BELL! STUDIO 777™ IS GOING PUBLIC ON SECOND LIFE’S® CAPITAL EXCHANGE
Second Life’s #1 Skill Gaming Nightclub and Resort Joins #1 Stock Market Simulation Game
NEW YORK AND SECOND LIFE -- MAY 31, 2014 — STUDIO 777™ (CAPEX: FUN), the #1 Skill Gaming Nightclub, Mall and Resort in the Second Life® virtual world since 2009, announced the pricing and approval of its initial public offering of 4,000,000 shares of its common stock at a price in Linden Dollars ("L$") of L$1.50 per share. The Company expects to receive gross proceeds of L$6,000,000 from the offering at closing, representing 20% of the Company. The shares are expected to begin trading under the symbol “FUN" on the Capital Exchange Stock Market Simulation Game at 5 am (PDT) / 8am EDT on Wednesday June 4, 2014 at http://www.slcapex.com/ipo.
FUN is comprised of several successful enterprises: A Dance Club, JOBSTAR Job Center, 777 Shopping Mall and Skill Gaming Resort. The Company has been profitable since inception in 2009 with tens of thousands of customers. At STUDIO 777, Guests play games, win and earn Lindens, socialize, enjoy great music and dance, experience a unique location with stunning graphics and bright visuals, find a job, shop, take a bike ride -- or even a rocket ride.
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