Movie IPO

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IPO IS SOLD OUT

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AS PER COMPLIANCE WITH LINDEN LABS ALL BANKING INSTRUMENTS ARE HEREBY

CANCELED: Linden Lab today announced that any virtual banking facilities offering interest on Linden dollars deposited would now be banned. Initial reaction from a significant number of residents falls into the ‘about time’ category but like the July 2007 gambling ban the impact on the Second Life economy will be enormous. I’d be surprised if any of the financial providers are able to refund residents’ investments in full which means this decision will have a direct financial impact of a large number of people. --- THE METAVERSE JOURNAL

1.4 Second Life "currency" is a limited license right available for purchase or free distribution at Linden Lab's discretion, and is not redeemable for monetary value - LINDEN LABS TERMS OF SERVICE CONTRACT.

You acknowledge that the Service presently includes a component of in-world fictional currency ("Currency" or "Linden Dollars" or "L$"), which constitutes a limited license right to use a feature of our product when, as, and if allowed by Linden Lab. Linden Lab may charge fees for the right to use Linden Dollars, or may distribute Linden Dollars without charge, in its sole discretion. Regardless of terminology used, Linden Dollars represent a limited license right governed solely under the terms of this Agreement, and are not redeemable for any sum of money or monetary value from Linden Lab at any time. You agree that Linden Lab has the absolute right to manage, regulate, control, modify and/or eliminate such Currency as it sees fit in its sole discretion, in any general or specific case, and that Linden Lab will have no liability to you based on its exercise of such right. -- LINDEN LABS TERMS OF SERVICE.

WE ALL SIGNED IT PEOPLE WE DONT HAVE TO LIKE IT BUT FACE IT YOU HAVE NO MONETARY RESTITUTION RIGHTS IN SECOND LIFE. WE ARE SORRY FOR THE INCONVIENIENCE SL HAS CAUSED OUR CUSTOMERS.