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Zahara Cody
Imperial Corrections Service.
18
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Posted - 2013.07.07 06:30:00 -
[1] - Quote
I am requesting a 90 bil loan for 3 months @ 2%/mo... collateral will be in the form of a Guardian-Vexor and 200 Armageddons in Jita 4-4 which will be held by a 3rd party (Chribba).
Thanks,
Zahara |
Sven Hammerstorm
Royal Amarr Institute Amarr Empire
61
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Posted - 2013.07.07 07:34:00 -
[2] - Quote
Well there is some collateral you dont see every day |
Obunagawe
162
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Posted - 2013.07.07 11:47:00 -
[3] - Quote
What's even the value of a Guardian Vexor? This could be massively over-collateralised.
What happens if Zahara would stop paying the interest and refuse to give back the 90B? Chribba could sell on the Guardian Vexor for probably way more than 90B. What would be the procedure for that situation?
1. Chribba sells the GVex and gives the investor 90B and keeps rest for himself? 2. Chribba sells the GVex and gives the investor 90B and Zahara the balance? 3. Chribba keeps the Guardian Vexor and pays out 90B from his own pocket?
Probably worth knowing. |
Zahara Cody
Imperial Corrections Service.
18
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Posted - 2013.07.07 13:31:00 -
[4] - Quote
I just bought the last GV for 85 bil off of the forums... which is why I rquire this loan. I need a little time to liquidate some of the 750 bil plus in assets I currently possess. 3 months is probably more than enough time to do so. The only way I don't pay back this loan is if I get hit by a bus, etc. I had someone else kind enough to temporarily step in for a week, but they are holding my Adrestia. I've been searching for a GV for several months and couldn't let this one pass. |
Thoraemond
Far Ranger
108
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Posted - 2013.07.07 15:44:00 -
[5] - Quote
Zahara Cody wrote:I am requesting a 90 bil loan for 3 months @ 2%/mo... collateral will be in the form of a Guardian-Vexor and 200 Armageddons in Jita 4-4 which will be held by a 3rd party (Chribba).
Obunagawe wrote:What's even the value of a Guardian Vexor? This could be massively over-collateralised.
What happens if Zahara would stop paying the interest and refuse to give back the 90B? Chribba could sell on the Guardian Vexor for probably way more than 90B. What would be the procedure for that situation?Probably worth knowing.
How do you know the OP didn't overpay for the ship? I don't claim great familiarity with the prices of these things, but a quick search showed only significantly lower price points within the past year (e.g., 65 billion on 2013-01-10, 60 billion on 2012-08-19, and 50 billion on 2012-08-07), albeit an upward trend.
The sale thread took more than three months to sell the ship, assuming Jane Salva and Zahara Cody are not in cahoots, and the sale was indeed legitimate. Such auctions may be especially sensitive to gaming.
Not completing the sale as shown in that thread and securing a public loan against a bogus inflated price could be part of a dishonest effort to increase the perceived value of the ship. I have no specific reason to mistrust the OP, I'm just sayin'. And, of course, such schemes are an important part of the New Eden economy, so more power to the OP either way. |
Zahara Cody
Imperial Corrections Service.
18
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Posted - 2013.07.07 15:51:00 -
[6] - Quote
Well, I can always throw in more collateral. |
Tonsof Gun
Dirty Rats
17
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Posted - 2013.07.07 16:55:00 -
[7] - Quote
Chribba knows his stuff and I'm sure he would undervalue the GV to protect against the potential for scamming or the collateral falling short of the loan value. As stated in your previous thread - I'm on board for about 20bil. Loans Service |
X ATM092
Clan Shadow Wolf Fatal Ascension
73
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Posted - 2013.07.07 16:56:00 -
[8] - Quote
I will fill all 90b of this following confirmation from Chribba that he has received collateral he values at 90b. What the collateral is is a matter for Chribba, in the case of default Chribba pays the 90b + interest so he has to arrange collateral he values based around that risk. |
X ATM092
Clan Shadow Wolf Fatal Ascension
73
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Posted - 2013.07.07 17:33:00 -
[9] - Quote
Obunagawe wrote:What's even the value of a Guardian Vexor? This could be massively over-collateralised.
What happens if Zahara would stop paying the interest and refuse to give back the 90B? Chribba could sell on the Guardian Vexor for probably way more than 90B. What would be the procedure for that situation?
1. Chribba sells the GVex and gives the investor 90B and keeps rest for himself? 2. Chribba sells the GVex and gives the investor 90B and Zahara the balance? 3. Chribba keeps the Guardian Vexor and pays out 90B from his own pocket?
Probably worth knowing. 1 or 3, up to Chribba. |
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Chribba
Otherworld Enterprises Otherworld Empire
8817
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Posted - 2013.07.08 06:23:00 -
[10] - Quote
I have yet not accepted the collateral, 1x GV+ 200x Armageddon but will do so soon (will post when I do).
The following two investors has been listed as participants: Tonsof Gun - 20 bil X ATM092 - 70 bil
Don't send ISK to Zahara until I confirm having the collateral though.
I value the collateral to cover the 90b requested. In the case of Zahara not paying out, I will use the collateral to cover your investments+interest you should receive, as for anything above or under that it's a matter of then to decide how it's handeled but it will cover your investments+interest np (even if I would have to pay for it myself for some reason).
Will post as soon as I have the collateral in my possession.
/c
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Professional Forum Alt
Center for Advanced Studies Gallente Federation
20
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Posted - 2013.07.08 13:45:00 -
[11] - Quote
I the rare case of a default - I would like to offer 91b for the full collateral :)
Any typos, spelling errors and bad grammer found, are free and yours to keep |
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Chribba
Otherworld Enterprises Otherworld Empire
8826
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Posted - 2013.07.08 19:00:00 -
[12] - Quote
Confirming that I have claimed the collateral now. Tonsof Gun and X ATM092 are good to go.
/c
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X ATM092
Clan Shadow Wolf Fatal Ascension
73
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Posted - 2013.07.09 00:54:00 -
[13] - Quote
70b deposited, willing to do the other 20 if the other guy flakes |
Tonsof Gun
Dirty Rats
17
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Posted - 2013.07.09 08:30:00 -
[14] - Quote
20b sent, thx Loans Service |
Zahara Cody
Imperial Corrections Service.
18
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Posted - 2013.07.09 16:11:00 -
[15] - Quote
Isk received. First interest payment will be August 9th.
Thanks,
Zahara |
X ATM092
Clan Shadow Wolf Fatal Ascension
73
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Posted - 2013.07.09 22:47:00 -
[16] - Quote
Subscribed to topic, please post when you make payment so it'll appear to me and I can confirm. Otherwise there is a better than even chance I will forget about this. |
Zahara Cody
Imperial Corrections Service.
18
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Posted - 2013.08.01 17:15:00 -
[17] - Quote
Interest paid a little early for August. Thanks |
X ATM092
Clan Shadow Wolf Fatal Ascension
77
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Posted - 2013.08.01 17:29:00 -
[18] - Quote
1.4b received |
Tonsof Gun
Dirty Rats
21
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Posted - 2013.08.01 19:36:00 -
[19] - Quote
400mil received, thanks Loans Service |
Zahara Cody
Imperial Corrections Service.
24
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Posted - 2013.09.04 12:39:00 -
[20] - Quote
September interest paid. |
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X ATM092
Clan Shadow Wolf Fatal Ascension
85
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Posted - 2013.09.04 17:35:00 -
[21] - Quote
Confirming 1.4b received. |
Tonsof Gun
Dirty Rats
21
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Posted - 2013.09.04 17:48:00 -
[22] - Quote
interest received Loans Service |
Zahara Cody
Imperial Corrections Service.
29
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Posted - 2013.09.26 02:32:00 -
[23] - Quote
Last interest payment sent. 90 bil contract sent to Chribba for the collateral. |
Jerry T Pepridge
Meta Game Analysis and Investment INC.
38
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Posted - 2013.09.26 06:21:00 -
[24] - Quote
Interest received
edit: wrong character |
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Chribba
Otherworld Enterprises Otherworld Empire
9475
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Posted - 2013.09.26 10:20:00 -
[25] - Quote
Investors repaid.
/c
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arabella blood
I Swear She Looked 18
168
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Posted - 2013.09.26 12:07:00 -
[26] - Quote
Good! before the Vexor will lose its value lol... Troll for hire. Cheap prices. |
X ATM092
Clan Shadow Wolf Fatal Ascension
94
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Posted - 2013.09.26 14:09:00 -
[27] - Quote
Confirming 1.4b interest paid and 70b investment returned.
Thank you for this opportunity and thank you Chribba for your services. |
Zahara Cody
Imperial Corrections Service.
29
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Posted - 2013.09.26 14:57:00 -
[28] - Quote
arabella blood wrote:Good! before the Vexor will lose its value lol...
It's only 90 bil. |
Tonsof Gun
Dirty Rats
21
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Posted - 2013.09.26 19:36:00 -
[29] - Quote
Confirming final interest received and 20bil investment returned.
Thanks Loans Service |
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