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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.03.08 23:32:00 -
[1]
SHSG BPO Bond Pt A Bonds available: 6 Face value per bond: 500m ea Total Bond Value : 3b Bond Begins: Friday March 11th or later Maturity: 30days Interest: 3% Date of issuance: TBA Date of maturity: TBA
Thank you everyone who participated in the discussion phase for this bond set Linkage. First let me say that this bond has changed. We were offered a very good deal for a BPO purshase program and have decided to accept and move forward with that method for this round of bpo purchases.
That said ...this bond is for 3b isk @ 3% interest. It is 30 days long. Starts March 11th, and is Phase A.
We offer collateral in the form on BPO's and have chosen Breaker77 as 3rd party for this bond.
Before we open this up for new investors, we are offering 1st placement to the following people. Rykker Bow Banque
Once we have heard from them for an accept or pass, we will open this for the public.
Please reply with concerns, questions, and/or ideas.
Thank you
Stealing Honest CEO SHSG
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.08 23:51:00 -
[2]
Posting to confirm I will be holding 3 bil ISK worth of collateral for this offering.
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Misty McGinnity
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Posted - 2011.03.09 00:02:00 -
[3]
Originally by: Breaker77 Posting to confirm I will be holding 3 bil ISK worth of collateral for this offering.
be a dear & post some screenshots of said collateral.
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.09 00:04:00 -
[4]
Originally by: Misty McGinnity
be a dear & post some screenshots of said collateral.
I would love to, but since you are as stupid as we know you are, you should know that SS can be photoshopped thus they are useless as proof.
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Misty McGinnity
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Posted - 2011.03.09 00:08:00 -
[5]
Originally by: Breaker77
Originally by: Misty McGinnity
be a dear & post some screenshots of said collateral.
I would love to, but since you are as stupid as we know you are, you should know that SS can be photoshopped thus they are useless as proof.
u seem mad?
its pretty easy to tell if its been shooped. why not just post them anyway?
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Rykker Bow
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Posted - 2011.03.09 00:08:00 -
[6]
Thanks SH for the option of first chance at this bond as a previous investor. I'd like to rollover my previous investment of 1.5b into this one.
I've no need of screenshots, Breaker77's confirmation of receiving collateral is good enough for me.
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.09 00:10:00 -
[7]
Originally by: Misty McGinnity
its pretty easy to tell if its been shooped. why not just post them anyway?
I would if SH is ok with it. But they would have to be shopped anyway to remove character name, system names, ect..
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.03.09 00:25:00 -
[8]
I dont care if a photo is shown of collateral. I would ask that location be blocked though please.
SH
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Banque
Lonely Bank
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Posted - 2011.03.09 00:40:00 -
[9]
Edited by: Banque on 09/03/2011 00:43:31 My corp will take the other three bonds please. No need to prove collateral. Regards, Banque (enter key has committed suicide sorry!)
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Brian Petersberg
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Posted - 2011.03.09 01:16:00 -
[10]
I'd like to reserve 1b in case it (or just 500m) were to become available.
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.03.09 14:44:00 -
[11]
Fell asleep without saying this but the reserve is now full for Phase A.
Phase B will be posted after i payoff outstanding bonds tonight.
SH
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trance atlas
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Posted - 2011.03.09 21:00:00 -
[12]
reserving 2bil for part b im on night shift and you post bonds when i cannot access them.
so 2 bil reserved for b
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Banque
Lonely Bank
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Posted - 2011.03.11 23:45:00 -
[13]
ISK Transferred from corp account. Good Luck.
Regards, Banque
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.03.12 00:16:00 -
[14]
Originally by: Banque ISK Transferred from corp account. Good Luck.
Regards, Banque
Thanks Banque. This bond is now running.
Ive taken note of the folks that have asked to be in Phase B. We may also be open to a Phase C but we think we'll need more then one 3rd party for that heh. We will see how our collateral list works out when we clear a couple unused hangars we forgot about.
SH
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.03.15 00:57:00 -
[15]
** Attention**
Just a heads up to all waiting for Phase B. We are having an issue getting the investors from the last bond-set to reply for the 3rd Party to verify and release collateral.
Phase B is stuck until we can work out this problem.
SH
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Misty McGinnity
Mystify Trading Company
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Posted - 2011.03.15 04:26:00 -
[16]
and he can't determine whether you made these payments via an API check?
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.15 09:44:00 -
[17]
Originally by: Misty McGinnity and he can't determine whether you made these payments via an API check?
I could do that, but I recommended to SH to get someone else to verify it since I am holding collateral. That way it avoids a conflict of interest.
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Misty McGinnity
Mystify Trading Company
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Posted - 2011.03.15 09:53:00 -
[18]
Originally by: Breaker77
Originally by: Misty McGinnity and he can't determine whether you made these payments via an API check?
I could do that, but I recommended to SH to get someone else to verify it since I am holding collateral. That way it avoids a conflict of interest.
its a bit amateur in here tbh.
SH should have passed the Bond isk onto you, then you release his collateral & pay out investors, hence 3rd party.
anyways... ill go away
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Krythas
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Posted - 2011.03.15 10:57:00 -
[19]
What have you done with the real misty? More troll, less sense please!
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.15 23:14:00 -
[20]
Edited by: Breaker77 on 15/03/2011 23:14:49
Originally by: Misty McGinnity
its a bit amateur in here tbh.
SH should have passed the Bond isk onto you, then you release his collateral & pay out investors, hence 3rd party.
anyways... ill go away
Just got off work, so thats why the delay...
If I had done that, SH would have had his collateral back and we still would have no way to verify the investor received his ISK other than my word.
edit: right now I still have the collateral. I could do the API check to verify ISK was sent, but then we are back to my last post.
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Krythas
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Posted - 2011.03.16 01:17:00 -
[21]
Obviously, not being an investor my opinion is really just that, however, it would seem to me that the opportunity to scam would be there regardless. Either you return the collateral or not, and SH could also have screen-shots in the event that you decided to run off with the collateral and liquidate it to pay investors back .. um.. twice ? (lets assume that you check the API, decide that even tho he has paid the principal back you'll do it again ??) then SH would have some form of recourse to say 'hey, breaker paid you all twice and scammed me'
The big problem here it seems is that the window of opportunity to see if he HAS paid things back via the API is getting smaller every day - at this point I'd suggest SH at the least makes some screen shots up of his payments otherwise the API data may be gone and there will be no way to confirm that people were paid out.
I'm sorta surprised that there isn't something in place to cater for this sort of thing already..
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Misty McGinnity
Mystify Trading Company
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Posted - 2011.03.16 04:17:00 -
[22]
Edited by: Misty McGinnity on 16/03/2011 04:18:16
Originally by: Breaker77
Just got off work, so thats why the delay...
If I had done that, SH would have had his collateral back and we still would have no way to verify the investor received his ISK other than my word.
edit: right now I still have the collateral. I could do the API check to verify ISK was sent, but then we are back to my last post.
well thats all well & good, but at the least he would have his collateral back, his 2nd phase of investors in.
Coz as of now the question is are you using his collateral for your own gain (prolonging it to make copies etc) although i do see your reasoning for not checking this API yourself.
still amateur hour in here tbh.
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Dethmourne Silvermane
Gallente Northstar Cabal R.A.G.E
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Posted - 2011.03.16 04:58:00 -
[23]
Wait, are we setting up so there's a third party for the third party?
I'm jelly, this is the best metatroll ever.
10/10, Breaker77. 10/10.
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Edwin Rothbard
Interstellar Arbitrage
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Posted - 2011.03.16 05:14:00 -
[24]
Originally by: Dethmourne Silvermane Wait, are we setting up so there's a third party for the third party?
"MD introduces the new 4th-partyÖ system!"
On topic i'm pretty sure the 3rd party is supposed to be above reproach and thus should be trustable with both the cash and collateral. Of course there was that one recent eposide...
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.16 09:50:00 -
[25]
Originally by: Misty McGinnity
well thats all well & good, but at the least he would have his collateral back, his 2nd phase of investors in.
Then in 2 weeks the investor turns up and says he never received any ISK.
For all we know, the last investor lives in Japan and is unable to log on.
I've mailed SH to send me his API and we will go from there.
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.03.16 13:44:00 -
[26]
I wasn't on yesterday, am a bit sick. On to the quotes section
Originally by: Misty McGinnity
Originally by: Breaker77
Originally by: Misty McGinnity and he can't determine whether you made these payments via an API check?
I could do that, but I recommended to SH to get someone else to verify it since I am holding collateral. That way it avoids a conflict of interest.
its a bit amateur in here tbh.
SH should have passed the Bond isk onto you, then you release his collateral & pay out investors, hence 3rd party.
anyways... ill go away
As an Imaginary Internet Spaceship Corporation CEO, i find this crazy talk !!!
In truth, ive not run into this issue before, and made some missteps but will produce the api to fix it.
Originally by: Breaker77
Originally by: Misty McGinnity
well thats all well & good, but at the least he would have his collateral back, his 2nd phase of investors in.
Then in 2 weeks the investor turns up and says he never received any ISK.
For all we know, the last investor lives in Japan and is unable to log on.
I've mailed SH to send me his API and we will go from there.
I had wished to be able to use limited api to see this info, but seems it requires full api key.
Ill send it as soon as i get home from work..... and remove rl contact info of the MD folks i deal with daily from the mail bodies.
SH
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.16 23:13:00 -
[27]
Originally by: Stealing Honest
Ill send it as soon as i get home from work..... and remove rl contact info of the MD folks i deal with daily from the mail bodies.
SH
Don't worry, I don't make manual API calls, and I don't know of a program that pulls the mail API.
As far as the payouts go. 4.18 billion ISK was transferred to rig seller on 3/10/11 in 2 transactions (1 for each of his offerings).
I'm still awaiting confirmation from SH to send his collateral back or hold it for his next offering if he wants to secure it.
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Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.04.10 03:26:00 -
[28]
This Bond has been paid out in full, and is now Closed.
Thank You SH
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Zia Pow
Krazy Banana
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Posted - 2011.04.14 03:27:00 -
[29]
I have again not had an acknowledgment of payoff of this bond from my investors.
I have once again asked Breaker77 to verify via API that "BPO Bond - Phase A" has been paid off on April 10th.
Rykker Bow @ 1545m Banque @ 1545m
SH
Ego - Epeen - Eve The 3 Amigos of the MMO world. |
Stealing Honest
Stealing Honest Speculation Group LLC
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Posted - 2011.04.14 03:29:00 -
[30]
^^ Me ...for those 3 people that didnt already know.
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