Oct 25th 2007, 00:14 BNT Brautigan & Tuck Holdings
by IntLibber Brautigan

CGI Merger Complete

As of this afternoon, the merger of Countless Galaxies into Brautigan & Tuck Holdings is now complete. All shares other than those held by Jasper Tizzy or Paydayloan Lindman, or their alts, have been swapped in a trade of 2 BNT shares for every 3 CGI shares. Final dispersal was over 3.2 million shares of BNT to CGI investors.

The mainland assets of CGI have been liquidated. This accounts for approximately 220,000 square meters of mainland left to CGI after Jasper Tizzy's disappearance (over 650,000 square meters were held by CGI a month prior, indicating a rather massive selloff by Tizzy.

Proceeds of this liquidation amounted to approximately 1.6 million L$ at an average price of 6.5 L$ per square meter, slightly above SL average sale prices for the month. Capital from these sales went into several major projects of BNT: The Ancapistan Capital Exchange and http://www.ancapex.net, as well as the complete revamping, replacement, and rebranding of My Second Bank into BNT Financial (http://www.bntfinancial.com), as well as the further development of bntholdings.com, and the merger of Global Credit into BNT.

BNT Holdings has now completed four major mergers of companies into it: Mind the Box, M2B, Global Credit, and CGI. All of these, as well as the launch of ACE, represent key components of BNT's long term plan to become a dominant estate company in SL, and eventually launch our own independent grid, the Extropia Grid, next year.

To their credit, the stockholders of CGI have played a key role in helping to ensure that plan moves forward, as they have now become BNT shareholders, and we welcome them to the BNT family. We congratulate them, as well as lead shareholder Patrickj Ah in leading CGI to making this decision. They are already seeing the fruits of that decision in the stock price of BNT on the ACE exchange.

I thank you and congratulate you all on your wisdom and ability to see and appreciate the vision of BNT.

IntLibber Brautigan
CEO, BNT Holdings