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        Crystal Springs Virtual Capital (CSV) News:
         
        2008-03-25
        2nd Sim Finally Delivered - St Croix Bay / IPO Update
         
        New sim already has space reserved and residents - should fill up to near capacity quickly

        CEO Skip Oceanlane announced today that St Croix Bay has (finally!) been delivered by Linden Lab.  It appears that they have been a little backlogged lately and the delivery of the sim was delayed because of the Easter holiday weekend.  St Croix Bay will be a fantastic tropical sim build for Crystal Springs Virtual Capital, the second by the team of Xavier Hathaway and Lexus Daviau.

        The first CSV sim, St Lucia Bay, is already at near full capacity, and is bringing in revenue for Crystal Springs Virtual Capital.  Many thanks to all the residents who are making this joint venture extremely successful!

        As for the IPO, things are going as planned.  Almost L$1,000,000 has been purchased so far by investors.  Look for that to rise over L$1,500,000 by the end of the weekend, which will officially put us over the 50% threshold to go to the Trading Room!  When that happens, Crystal Springs Virtual Capital will be the biggest IPO of stock on the Virtual Stock Exchange in its history.  It will break the record set by,..you guessed it: Crystal Springs Land and Loan  :-) 

        I'm very excited at the positive results so far, and I encourage everyone interested in investing to buy CSV IPO shares now, as the IPO will be ending within the next few weeks.  We are on target to pay monthly dividends as planned starting in the month of April.  Thanks again everyone!


         
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