World Stock Exchange (WSE)

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World Stock Exchange (WSE)

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Company Administration
Market Sector: Investment Services
Outstanding Shares Issued:
25,520,294
Market Capitalization:
W$23,989,076.36
Market Rating:
  • Currently 3.0/5 Stars.
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CEO's WSE Account Name: Lukeconnell Vandeverre
CEO's Real Life Name: Luke Connell
CEO's Real Life Location: Melbourne, Australia

(Real life details are not required for users with an avatar operating a business in virtual worlds. A real identity does increase trust as the CEO's real life integrity and credibility are in the public domain and help to ensure the CEO will maintain a higher level of ethical standards.)


Business Overview:

The World Stock Exchange was established in March 2007 as an experimental fictional securities exchange and banking role playing game. The market was initially based solely on businesses operating in the virtual world of Second Life and used the fictional currency of in Second Life called the Linden Dollar. The WSE is now based on the activities or real and virtual businesses and operates using the World Internet Currency.

The WSE has experienced tremendous growth and popularity with the first 6 months of operation a testament to its success achieving over 26000 users and exchange turnover exceeding the equivalent of W$500 million WICS, (World Internet Currency) at the current WIC Exchange license exchange rate this would be equivalent to around $1.8 million US Dollars.

On the 2nd of August 2008 the launched an application on the Facebook platform making the service immediately available to over 80 million English speaking active users.


Financial History

Latest Price Activity
Bid
Ask
Last
Change
% Change
24hr Volume
W$0.00 W$0.00 W$0.94 W$0.00 0% 0
(volume may be delayed by up to 5 minutes)


Trading History
Last 24 Hours   Last 7 Days   Last 30 Days
High:
W$0.00  
High:
W$0.00  
High:
W$0.00
Change:
W$0.00  
Change:
W$0.00  
Change:
W$0.00
% Change:
 
% Change:
 
% Change:
Low:
W$0.00  
Low:
W$0.00  
Low:
W$0.00
Average:
W$0.00  
Average:
W$0.00  
Average:
W$0.00
Volume:
0  
Volume:
0  
Volume:
0

Financial Statistics
Cash Position:
W$17,437,925.00
Land Owned:
0m2
Land Value:
W$0.00/m2
Net Tangible Asset:
W$0.727
EPS:
W$-0.013
P/E Ratio:
0.00
Dividend Yield:
W$0.00
Monthly Revenue:
W$951,608.37
Monthly Expenses:
W$1,292,803.98
Monthly Earnings (Net Profit):
W$-341,195.61

Figures posted August 05, 2008 for period March 07, 2007 to August 06, 2008

Board of Directors and Company Officers

(A group of individuals that are elected as, or elected to act as, representatives of the shareholders to establish corporate management related policies and to make decisions on major company issues. In a virtual company the board mostly provides advice and feedback to the management team and CEO.)

Chief Executive Officer: Lukeconnell Vandeverre
Chairman: Lukeconnell Vandeverre
Non-Executive Director: Erik Goff

Company Information

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