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General Details

Company: MindTheBox (MTB)
Outstanding Shares: 5,000,000
Company Website:

Board of Directors

Chief Executive Officer: Axle Castro
Non-Executive Director: Morpheus Bourne
Non-Executive Director: Sophie Zhu


CEO's Real Life Name: Not Specified
CEO's Real Life Location: Not Specified

Cash on Hand: L$75,000.00
Land Owned: 3,072m2
Land Value: L$18.00/m2
Net Tangible Assets: L$130,296.00

Monthly Income: L$0.00
Monthly Expenses: L$0.00

Chairman's Letter

Dear Shareholders,

MindTheBox has an out of the box business approach. We believe that bringing the minds of talented individuals to second life will benefit shareholders, and the second life community as a whole. We already have a large number of investments planned, with high returns forecast.

I encourage you to read on, to our investment strategy to better understand how MTB operates.

Axle Castro,


Business Overview

MindTheBox is an complex company, dedicated to investment, research and ideas. Our primary revenue areas include property, private investments and ventures, though already has its sights on other markets.

Our primary aim is to help business and the community as a whole through intricately, well planned and maintained virtual spaces that enable business, and customers alike to converse in appropriate settings. Secondly, we hope to provide solutions for businesses and people to better operate and integrate with the Metaverse.

Business Strategy

Phase One includes the building of an island for commercial rentals and sales. We already have a large renter waiting to move in, and plan to use this island as the base for our HQ, and future expansion in the real estate market. Our islands will be different, with out of the box infrastructure, ready to buy/rent builds exclusive to certain lots as well as the usual empty lots.

Phase Two is somewhat more classified at this stage. We will be releasing more details as they become available. It will involve opening up investment talks with a number of firms, and the start-up of some new ventures (including a publishing one with an exclusive new system). Further real estate expansion is also expected at this stage.

Business Strengths

Not Specified

Market Overview

While the Real Estate market is somewhat of a duopoly here in Second Life, as we will be providing vastly different and exclusive estates, we do not see much competition here, but rather we will be aiming at a different market all together.

Our R&D; team will be working on new SL-based systems for our clients, all of whom have shown keen interest to work with us within the next 12 months on their own R&D; Projects.

Use of Capital

Following our IPO we will incur significant Capital Expenditure costs in order to establish Phase One. As we are estimating high demand for our real estate, high ongoing tier costs should not be suffered. Our Real Estate expansion is planned for sustainable growth (so we maintain a high % of occupancy at all times). Most ongoing costs will include wages for Staff including our Builders, Scripters, Designers etc, though we do not expect this to be overly high.

Risk Factors

The Real Estate market could take a downward turn, but as we will be offering exclusive and high-end property, we do not forsee a large downturn in revenues should there be a sizeable real estate market drop.


Not Specified

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