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Otebski
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Posted - 2011.07.17 01:34:00 -
[31]
Originally by: Edwin Rothbard
Originally by: Otebski Besides. Nobody even showed a flaw in my plan. Other than obvious lack of trust:D
The burden of proof is on you, not your potential investors. MD assumes that every new offering is a scam. This is because most of the are. If you really want our isk then you have to proove to us that your offering is legit.
This is not the US legal system. There's no presumption of innocence until proven guilty.
Unless you are offering 100% collateral don't expect to raise anymore than perhaps 100-200m on name alone.
If you have collateral I have up to 100b to lend. Click the link in my sig for details.
I understand burden of proof is on me. I tried to proved that my business plan is reasonable. Problem is with proving its not a scam. Negative proof is usually either really hard or not doable and that is why its outright forbidden or rare in most legal systems. Its way easier to prove you did something than it is to prove you didnt. Also they way I play this game (pew pew) prevents me from having any serious collateral as all my assets are ships. So making them collateral would make me even less reliable. Why ask for a bond if I could get money out of my own pocket. Eve mimics life pretty well. Getting a credit IRL requires proving you dont really need it:P
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Corcyrus Endymion
Caldari Elder Tribes
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Posted - 2011.07.17 18:11:00 -
[32]
Edited by: Corcyrus Endymion on 17/07/2011 18:13:32 A) No history. B) No business plan. C) Previous low sec activities. D) Very high initial required funds. E) Thinking that using 10B(!) on an Incursion runner + ship is a good idea.... It's enough to have a 1.5B ship + a 5B pilot to get a really good but not-fully-commander-fit setup going..
Isn't this more of a private loan kind of idea? Get a friend to loan you some isk.
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Tigerras
Smash Incorporated
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Posted - 2011.07.17 19:03:00 -
[33]
In real life people wo can't afford things are given loans that are either high interest or high collateral or both. Title loans, mortgages, payday loans...
And those are all loans where you can legally force the person to pay it back. Eve has no such legal system, so lenders are very skeptical. --------------------------------------- Tigerras's Audits and Third-Party Servicing |
NotTheSmartestCookie
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Posted - 2011.07.17 19:06:00 -
[34]
Cue 'is it because I is Black'?
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Otebski
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Posted - 2011.07.17 23:52:00 -
[35]
Originally by: Corcyrus Endymion Edited by: Corcyrus Endymion on 17/07/2011 18:13:32 A) No history. B) No business plan. C) Previous low sec activities. D) Very high initial required funds. E) Thinking that using 10B(!) on an Incursion runner + ship is a good idea.... It's enough to have a 1.5B ship + a 5B pilot to get a really good but not-fully-commander-fit setup going..
Isn't this more of a private loan kind of idea? Get a friend to loan you some isk.
a) ya b) its there just not what ppl in MD are used to c) and plans for more:D d) sadly ya e) for decent inc running i need either: logi, cs pilot, or faction bs pilot. I expected that 5b would be enough till I checked characters for sale. If you want good logi only toons available are triage carrier pilots. CS pilots are usually high skill specialized and also run around 7-8b. Faction BS characters are also rare under 30m sp which also equals around 7b. In theory it would be possible to make close to perfect logi at 12m sp mark but those dont really happen in trade.
Working on getting private loan for it now ya with some success but not enough yet to gather full capital:(
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