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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 15:51:00 -
[1]
ok
Due to real life changes, the way my corp is running has been modified.
Becuase of this I am opening up the opportinity to earn 5% interest per month.
More About me & GDRI
For background details on myself and the corp i suggest you read the thread above.
The changes that will be taking place (and thus the requirement for the loan)
Because my game time in the coming weeks will be down to bare minimum (2hours a day max) I needed to find an area where i can still make isk, and yet not focus in game as much as i have over the holidays (currently im in game anything upto 18hours a day )
So having done a few test runs on the invention side and successfully covered costs+profit I have decided to move into the JF invention & Building.
Thus the loan
It will be used to purchase 2 BPO's 1st Capital Jump Drive BPO (poss pre-researched depending on cost) 2nd Providence (or Fenrir) BPO
The reason why i will also be buying the freighter BPO is that it will reduce my overall costs per month, adding upto 50mill per invention attempt profit. As yet not sure which freighter will be basis of my main work but it will be either Amarr or Minmatar given my inventor having max skills in these 2 races not far from the other 2
Term of the loan will be 3month with 5% per month payable then final payment will include base loan amount. The loan may well end early, if this is the case i will pay 1% additional payment per month early it finishes. (1 month = 10mill bonus)
I would happily allow someone to audit myself (and/or) corporation, feel free to convo me regarding this.
Ideally would like minimum of 2 people to invest but also would like no more than 4 to keep the paperwork simple.
Collatoral, i do actually have enough liquid isk to cover this myself, however this would leave me short for the time when i need to build my first JF (likely to be in next 2 weeks) and also if you see this post you will see that on (+/- 2days) 4th october a toon will be sold by me for 3.5bill so this easily covers most of the loan. (again proof can be supplied that, that toon is me limited api)
If you have any questions feel free to convo me ingame (but i would like you to mention said convo in this post to keep it open)or just simply put your concerns/questions on this post :)
many thanks
Sepi/Quaz et al.
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Mme Pinkerton
United Engineering Services
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Posted - 2010.09.02 16:05:00 -
[2]
Originally by: Sepi Collatoral, i do actually have enough liquid isk to cover this myself, however this would leave me short for the time when i need to build my first JF (likely to be in next 2 weeks) and also if you see this post you will see that on (+/- 2days) 4th october a toon will be sold by me for 3.5bill so this easily covers most of the loan. (again proof can be supplied that, that toon is me limited api)
Do you see any chance to offer collateral via a BPO lockdown?
This would involve having a trusted 3rd party put an alt into your corp, giving him the majority of shares and him locking down BPOs corresponding to the value of this offering (maybe the BPOs bought with the money raised in this offering, maybe more if you are going to buy them overpriced). This would not impact your invention/manufacturing capabilities but give investors the security they need in order to cope with the proposed interest rate
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 16:11:00 -
[3]
Edited by: Sepi on 02/09/2010 16:13:21 I would happily allow a lockdown of the 2 bpo's (providing its a third party im happy with) i have no probs with this, In terms of 'hard item' collatoral atm i only have a few 100 mills worth, (i try not too keep too much tied up in items i dont need)
In terms of what i will be paying, the freighter will be NPC and wont need to be researched for invention purposes (however i may yet do ME on it too increase its resale value) The Jump drive, Im yet undecided I might just take the 150mill over npc price hit to buy a pre-researched one to save me researching it. (but i can assure you i wont be paying above 10% over NPC cost for a researched bpo)
Another note i just thought of, this will run independently of the share release, (that will be paying the flat 7% for the 3months until loan has been paid off then will return to variable payments thereafter).
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Magnu Stormhawk
Stormhawk Enterprises
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Posted - 2010.09.02 16:22:00 -
[4]
Originally by: Sepi Edited by: Sepi on 02/09/2010 16:13:21
In terms of what i will be paying, the freighter will be NPC and wont need to be researched for invention purposes (however i may yet do ME on it too increase its resale value)
Are you suggesting it doesn't need to be researched for producing bpc's? If so, correct, but are you aware of the copy times on freighter bpo's? Have you factored that into your plan?
Also, good luck with 5%. Collateral will definitely be needed for that sort of rate.
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 16:37:00 -
[5]
Originally by: Magnu Stormhawk
Are you suggesting it doesn't need to be researched for producing bpc's? If so, correct, but are you aware of the copy times on freighter bpo's? Have you factored that into your plan?
Also, good luck with 5%. Collateral will definitely be needed for that sort of rate.
Yep from pos copying the bpc will take (roughly) 27days (my guys have the implant for improved copy/me/pe research) So yes i understand that it will be only 1 bpc per month, however given the output of JF's i imagine will only be 2 a month (maybe 3 if i really hammer it) then it will reduce my BPC's cost by either 33% or 50%
In terms of at the moment, in next 12hours i have 7 BPC's due to finish invention, so assume 3 hit successul that will allow me to begin work in next 2 weeks and then can have the frieghter BPO copying, ideally get 2 copies before next load are due in, However the freighter BPO would also give me the possibility of building it (this is not something im consdiering for this part of the release but future)
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Adria Amoro
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Posted - 2010.09.02 17:07:00 -
[6]
Hello, I have personal knowledge about the share release to the alliance that he mentioned in the other post about the GDRI. I was in the alliance and took part in this venture that he proposed as did many others within the alliance and he has repaid his debts in full to us all so I have no issues with what he is trying to do now. I have known him for about 2 years and I have never doubted his commitment to his ideas or his ability to do what he sets out to do. I personally trust him and his word because of what he has done in the past and everything that I know about him and all of his ventures.
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Phoebe Halliwel
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Posted - 2010.09.02 18:52:00 -
[7]
I seem to remember dealing with you on Quazal in empire a while back, maybe a couple of years, you probably won't remember me as it might not have been on Phoebe. Anyhow, left a good impression. I can't invest atm due to other commitments, but if you need any Jump Drive BPCs I do have an excess and can supply you them cheap on a regular basis. Reason I'm mentioning it, you might find you'll get a better margin of return on two freighter BPOs in copy rather than the cap BPO if you're only plannng on 3 or so builds a month to start. Also have a couple of researched JF BPO comp sets (I think they are caldari and amarr) gathering dust if you need any extra.
Good luck with the offering
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 19:29:00 -
[8]
Originally by: Phoebe Halliwel I seem to remember dealing with you on Quazal in empire a while back, maybe a couple of years, you probably won't remember me as it might not have been on Phoebe. Anyhow, left a good impression. I can't invest atm due to other commitments, but if you need any Jump Drive BPCs I do have an excess and can supply you them cheap on a regular basis. Reason I'm mentioning it, you might find you'll get a better margin of return on two freighter BPOs in copy rather than the cap BPO if you're only plannng on 3 or so builds a month to start. Also have a couple of researched JF BPO comp sets (I think they are caldari and amarr) gathering dust if you need any extra.
Good luck with the offering
thanks for the words :) I will bear in mind your offers :)..
I have had a 'donation' of the Jump drive BPO ~However would still like to try and get 4bill isk loan0
So as per your comments the funds will be re-distrubuted to buy 1 Fenrir & 1 providence BPO (as discussed in OP these will be my 2 areas i will be focussing on)
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Tradia Maximus
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Posted - 2010.09.02 19:48:00 -
[9]
If collateral can be aranged via BPO-lockdown through a 3rd party, i would like to reserve 2bil.
Tradia
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Morolen1
Cobalt Dragon Exploration Company
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Posted - 2010.09.02 19:56:00 -
[10]
If collateral can be had I would be willing to invest 1bil. ----- I'm a Caldari Nationalist, Fascist is *Such* an ugly word. |
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 20:06:00 -
[11]
Originally by: Morolen1 If collateral can be had I would be willing to invest 1bil.
Ok cool :).. would a lockdown by a trusted 3rd party of the bpo's im buying suffice ?
Also update on that
Given i have now been 'gifted' the component BPO The loan will be covered by a lockdown of the 2freighter BPO's and a Cap Jump drive BPO (this should at NPC cost cover the 4bill amount)
Also how would / or Who would be prepared to join as an alt to preform the lockdown ?(yes i will need proof that you are the alt of your 'known' main something along lines of a limited API so i can see your main or something/someone else on this who knows your alts )
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Morolen1
Cobalt Dragon Exploration Company
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Posted - 2010.09.02 20:26:00 -
[12]
That certainly sounds like a reasonable amount of collateral, once the 3rd party has been established it looks good to go for me. ----- I'm a Caldari Nationalist, Fascist is *Such* an ugly word. |
RAW23
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Posted - 2010.09.02 20:50:00 -
[13]
There's still a bit of a security gap here in that you could walk with the money before the lock-down. Subject to that gap being closed (e.g. isk is sent to the 3rd party, who then does the purchasing; not sure but he might also need to be made ceo until the lockdown is complete? Can anyone clarify this?) I'll put in the last billion.
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 21:00:00 -
[14]
Edited by: Sepi on 02/09/2010 21:02:53 yep there is a gap, but i will happily give 4bill isk to the third party to hold for the 24hours or so until he has gotten the bpo's lockdown.. or the isk is transferred to the third party I will be happy to purchase the bpo's out of my current wallet then once the third party has had the bpo's lockdown he can transfer the isk to the corp wallet.
the vote takes 24hours to come into force ;)
Thanks for final 1bil..
Now WTB a trusted member to get an alt into corp to lockdown.
Ok once third party has been resolved i will send a mail to the 3 parties who are interseted in loan, I would like to hope to get this going by monday ;)
thanks all
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RAW23
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Posted - 2010.09.02 21:12:00 -
[15]
Originally by: Sepi Edited by: Sepi on 02/09/2010 21:02:53 yep there is a gap, but i will happily give 4bill isk to the third party to hold for the 24hours or so until he has gotten the bpo's lockdown.. or the isk is transferred to the third party I will be happy to purchase the bpo's out of my current wallet then once the third party has had the bpo's lockdown he can transfer the isk to the corp wallet.
the vote takes 24hours to come into force ;)
Thanks for final 1bil..
Now WTB a trusted member to get an alt into corp to lockdown.
Ok once third party has been resolved i will send a mail to the 3 parties who are interseted in loan, I would like to hope to get this going by monday ;)
thanks all
Works for me |
Breaker77
Gallente Reclamation Industries
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Posted - 2010.09.02 21:43:00 -
[16]
Originally by: Sepi
Now WTB a trusted member to get an alt into corp to lockdown.
I would toss my name in the hat for the 3rd party but I'd have to make a new account
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.02 21:52:00 -
[17]
Originally by: Breaker77
Originally by: Sepi
Now WTB a trusted member to get an alt into corp to lockdown.
I would toss my name in the hat for the 3rd party but I'd have to make a new account
Well I know you so thats good start lol If other parties are happy then that will be cool :).. just a dead alt is fine, all he gotta do is babysit me for term of loan :)
If you can gimme a shout/mail in game tomorrow (logging for night now) and let me know what your alt will be called (dont want a random alt joining incase of oopsey)
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Breaker77
Gallente Reclamation Industries
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Posted - 2010.09.02 22:17:00 -
[18]
Mail sent. I realized I have an alt I no longer need. Just let me know what you decide.
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RAW23
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Posted - 2010.09.02 22:28:00 -
[19]
Breaker as 3rd party is fine by me.
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Tradia Maximus
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Posted - 2010.09.02 22:45:00 -
[20]
Having Breaker77 as 3rd party is fine by me also.
Tradia
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AtheistOfFail
Caldari
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Posted - 2010.09.02 23:36:00 -
[21]
What would this 3rd Party need to do? Just wondering here...
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Morolen1
Cobalt Dragon Exploration Company
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Posted - 2010.09.03 00:56:00 -
[22]
fine by me as well ----- I'm a Caldari Nationalist, Fascist is *Such* an ugly word. |
Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.03 08:24:00 -
[23]
cool, so everyone is happy, if you could all send your isk to breaker77
I will be buying the BPO out of my own wallet then once breakers' alt has the BPO lockdown he will then pass me the iskies :)
So for interest dates will make it
4th October 4th November 4th December + Return of initial (argghh so close to xmas)
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RAW23
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Posted - 2010.09.03 09:21:00 -
[24]
Isk sent to Breaker.
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Breaker77
Gallente Reclamation Industries
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Posted - 2010.09.03 10:28:00 -
[25]
Confirming my alt is now in Sepi's corp.
Also confirming RAW23's ISK received.
Other investors are free to send ISK when you are ready.
Send ISK to Breaker77
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Tradia Maximus
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Posted - 2010.09.03 11:58:00 -
[26]
Isk send to Breaker77
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Breaker77
Gallente Reclamation Industries
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Posted - 2010.09.03 15:27:00 -
[27]
Edited by: Breaker77 on 03/09/2010 15:27:38
Originally by: Tradia Maximus Isk send to Breaker77
Received
Investor list
2bill -- Tradia Maximus - Received 1bill -- Morolen1 - Awaiting ISK 1bill -- Raw23 - Received
Alt is still awaiting Share transfer. All ISK is currently in my possession awaiting the above and lockdown of BPOs.
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Morolen1
Cobalt Dragon Exploration Company
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Posted - 2010.09.03 15:41:00 -
[28]
isk sent. ----- I'm a Caldari Nationalist, Fascist is *Such* an ugly word. |
Breaker77
Gallente Reclamation Industries
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Posted - 2010.09.03 15:44:00 -
[29]
Originally by: Morolen1 isk sent.
Received
Investor list - All ISK received
2bill -- Tradia Maximus - Received 1bill -- Morolen1 - Received 1bill -- Raw23 - Received
Alt is still awaiting Share transfer. All ISK is currently in my possession awaiting the above and lockdown of BPOs.
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Sepi
Gamma Draconis Industries Eternus Imperium Alliance
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Posted - 2010.09.03 16:14:00 -
[30]
en route to pick up the 2nd bpo
once back in HQ will sort out transfer of shares 'n' roles to allow lock down :)
cheers
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