Pages: [1] 2 :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.14 11:59:00 -
[1] - Quote
Hi guys and Gals,
Raano here again. I am preparing to pay off a loan for 1B as seen here: https://forums.eveonline.com/default.aspx?g=posts&t=316273
Loan History: The loan was originally request for 1B and was filled at 1.4B. The excess was paid off after 3 payments for a total of 480m paid out. At the conclusion of the loan, this week, 380m in interest payments will have been made on the loan which will have run for 50 days. Interest was paid every 10 days. As it was my first loan, I paid a high interest rate of 10% for uncollateralized loans and 5% for collateralized loans.
I began with 800m in wallet and 600m in assets available to be contracted for collateral.
I have injected an additional 1.2b in funds to the trade operation during the course of the loan to increase total available funds and explore FW with an Alt.
Current NAV according to sell orders and assets on hand are as follows. Wallet 633m Sell orders 1.54b Assets for trading 1.672b (not valued at sell prices) Assets on ALT wallet 54m, physical assets 585m sell orders 50m, escrow 33m total 722m Loans and interest outstanding 1.07B Total value ( I hope this is how you do it!) 3497m or 3.5B
Assets values are according to what is listed in the hangar view. I have excluded my mission BS ship and misc fittings that are "laying around" as well as a slew of goods that will later be delivered to trade hub as I am not actively moving them until the size is more significant.
I have achieved 2B in profits since I began trading with other peoples money. I have experienced lossed via shiiping items personally, as well as skillbooks related to trade and a POCO endeavor that I am 50m invested in and not as of yet shown any profits.
New loan request On the conclusion of the current loan I am requesting an additional loan in the amount of 3B. I originally wanted to shoot for 5B but I think I will see how I do with the 3B before I ask for a 500% increase. I should be entering into another market when funds are received and expanding my current market reach.
Terms Uncollateralized loan at 3B paying 7% interest every 14 days. This will be just over 14%/ month. I would like to run this loan for 4 cycles or 8 weeks.
Eve Mogul report Eve Mogul link You can see my profits according to eve-mogul by clicking the above link. It does not consider POCO losses, skillbook purchases, contract gains or losses nor direct trading. Nor does it consider any profit for items sold via the market that were purchased via direct trading.
How do I profit? Originally I station traded in Jita. It was decent. I tried out getting into a market in low sec. It has been great. I will continue to reach lowsec markets. I have just unlocked Tycoon and am skilling my way to max it as we speak. I have room for an additional trade hub now. I was puchasing goods from Jita and using a contract hauler to move the goods. As of last night, I have met a producer who will deliver the goods with no shipping charges saving 50m-75m each trip. I had previously spent 291m in shipping costs. I will continue purchasing some meta items from Jita and T2 from my producer. If the producer falls through I will continue purchasing from Major trade hubs. Large shipments will be shipped in at 15m cost. Smaller shipments will have 0 cost.
How do you get involved? Do not send your ISK now as I will not take out another loan to pay off the first. My sales orders sell with enough liquidity to reach my payouts as they are due.
Express your interest via EVE-mail or by posting below with the amount you wish to invest. While I appreciate the humor of those wishing to invest 10isk I will not consider that an actual interest. Once my first loan has been paid off the post will be updated and I will contact you to send the ISK.
API key As noted in the previous loan request, I will provide API keys to myself and my alt to confirm assets on hand and trading history. I will need the assistance of the MD forum in determining what type of API key is wanted for this if it is deemed necessary to go through with the loan. |
Piter Presley
Presley Enterprises
6
|
Posted - 2014.03.14 12:10:00 -
[2] - Quote
I will fill 400 mil of the loan.
Good luck with expanding your business. |
Jace Sarice
Sarshitra Corporation
189
|
Posted - 2014.03.14 15:58:00 -
[3] - Quote
I will fill 750m assuming API. -á |
Jeronica
Tackled In Belt Pasta Syndicate
290
|
Posted - 2014.03.14 16:07:00 -
[4] - Quote
I'll invest 1 bil as well.
Please let me know when to send the isk. EVE-Mogul: https://www.eve-mogul.com CEO/Programmer Trade Profit Tracking Service |
Koniforous
Tauren Transit My Other Laboratory is a Distillery
9
|
Posted - 2014.03.14 16:13:00 -
[5] - Quote
I will fill 500mil. 5% Interest Rate on all investments.-áRead the forum thread here, for more info: https://forums.eveonline.com/default.aspx?g=posts&t=322582&find=unread |
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.14 17:05:00 -
[6] - Quote
Jace Sarice wrote:I will fill 750m assuming API.
What type of API do you need? Please link or indicate which options you desire to see. |
Tali Sins
Inspiration Designs
0
|
Posted - 2014.03.14 22:10:00 -
[7] - Quote
i'll put in 350m. |
Jace Sarice
Sarshitra Corporation
192
|
Posted - 2014.03.15 06:26:00 -
[8] - Quote
Raano Thorson wrote:Jace Sarice wrote:I will fill 750m assuming API. What type of API do you need? Please link or indicate which options you desire to see.
AssetList WalletJournal -á |
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.15 09:03:00 -
[9] - Quote
Current lenders list pending investment which is pending my payoff of first loan here shortly:
Returning Lender Piter Presley 400m
New Lenders Jeronica 1B Tali Sins 350m Jace Sarice 750m pending submission and review of API Koniforous 500m
Total of loans offered 3B
Loan filled pending investments |
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.15 09:05:00 -
[10] - Quote
Jeronica wrote:I'll invest 1 bil as well.
Please let me know when to send the isk.
Awesome! It's the person behind the scenes at eve-mogul! I appreciate your support and confidence in investing with me. Looking forward to another great couple of months. |
|
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.15 09:06:00 -
[11] - Quote
Piter Presley wrote:I will fill 400 mil of the loan.
Good luck with expanding your business.
Thanks Piter. I am pleased to continue doing business with you on the second loan. Thanks again for your support on the first one. |
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.15 09:16:00 -
[12] - Quote
For transparency and so all are aware. I did some reading on the forums and saw that someone mentioned you can fake your eve-mogul profits by editing the quantity of items purchased. While you cannot edit the purchase price, nor add items that have not been purchased according the the API, you can sell 1 item of the type then rebuy it immediately if there are no buyers above your sell price. Then you can edit the qty once eve-mogul pulls the API and includes the item.
As Jace Sarice will see on my API wallet journal there are several very large player trades that were performed for several bulk orders of t2 items, rigs and ships. This will not reflect the items that were traded. The asset list he has requested will show this but not how it was obtained.
I have sold a single quantity of each item to myself for the buy price that was negotiated in the player trading. I will be editing the quantity on eve-mogul to accurately reflect what is purchased and for what price.
I will not be faking numbers. I am here to make ISK and I use eve-mogul to evaluate my trade history. Accurate records help me in doing so while also helping investors to check up on how the business is doing.
I believe Jeronica can verify what I have mentioned above. I can see how someone could fake their trade numbers. Fakig it serves me no purpose. |
Raano Thorson
Fugazi Incorporated
3
|
Posted - 2014.03.15 09:22:00 -
[13] - Quote
Jace Sarice wrote:Raano Thorson wrote:Jace Sarice wrote:I will fill 750m assuming API. What type of API do you need? Please link or indicate which options you desire to see. AssetList WalletJournal
Limited API according to the above request has been sent via eve-mail. |
Jace Sarice
Sarshitra Corporation
192
|
Posted - 2014.03.15 13:29:00 -
[14] - Quote
The API was sent as promised. Continuing with my 750m fill. -á |
Raano Thorson
Fugazi Incorporated
7
|
Posted - 2014.03.18 10:43:00 -
[15] - Quote
Hi guys and Gals,
I have sent eve-mails each to investor with an update that the prior loan has been paid off and they are ok to send their investments now. I will make note on the forum when each investment is received.
One other individual has expressed an interest in investing should anyone loose their interest in doing so. |
Raano Thorson
Fugazi Incorporated
7
|
Posted - 2014.03.18 12:43:00 -
[16] - Quote
Received 350m investment from Tali Sins 3-18-14
First interest payment will be sent 4-1-14 in the amount of 24.5m second payment 4-15-14 24.5m 3rd 4-29-14 24.5 4th and final 5-13-14 374.5m
|
Raano Thorson
Fugazi Incorporated
8
|
Posted - 2014.03.19 05:27:00 -
[17] - Quote
Received investment deposits as shown below: 2014.03.19 04:09:48Player Donation750,000,000.00 ISKJace Sarice deposited cash into Raano Thorson's account 2014.03.18 17:10:03Player Donation1,000,000,000.00 ISK Jeronica deposited cash into Raano Thorson's account 2014.03.18 16:22:03Player Donation400,000,000.00 ISKPiter Presley deposited cash into Raano Thorson's account 2014.03.18 15:02:29Player Donation500,000,000.00 ISKKoniforous deposited cash into Raano Thorson's account
Payments will be to Jeronica, Piter and Koniforous on 4-1-14, 4-15-14, 4-29-14 and 5-13-14 Payments to Jace will be 4-2-14, 4-16-14, 4-30-14 and 5-14-14
Jeronica's payments will be 70m per payment plus full principle on final payment. Piter will receive 28m in interest per payment plus full principle on final payment. Koniforous' payments will be 35m per payment plus full principle on final payment. Jace will receive 52.5 in interest payments per payment plus full principle on the final payment.
Time to rock and roll!! |
Raano Thorson
Fugazi Incorporated
9
|
Posted - 2014.03.20 00:54:00 -
[18] - Quote
I have received correspondence from Nedly Stark with interest to invest 100m in the bond to test the waters. I have accepted this. Total liability of loan/bond is 3.1b.
ISK has been received
|
Raano Thorson
Fugazi Incorporated
10
|
Posted - 2014.04.01 10:34:00 -
[19] - Quote
Alright ladies and gents the time has come for the first round of interest payments.
But first, a word about the progress of the business. Over the course of the loan thus far beginning 3-18-14 profits have amounted to 908.76m according to what is recorded on trade journal transactions as found at eve-mogul.com. WOOHOO! A bit more can be added due to items gained via contract at wholesale and sold on market at retail+ a premium.
Losses include a mammoth T1 rigged for cargo space as well as fairly inexpensive fittings. Total loss 13m on the death. Also approx 200m has been spent shipping items via Jump freighter. I anticipated a lower cost though it was at the greater expense of time. Up to a week of waiting for items to be shipped vs same/next day shipments is well worth the extra isk as items can be sold and profits reinvested.
Investments include a small handful of ammo blueprints which are used with LP to convert into faction ammo and sold for plenty of profit though on a small scale for now.
Also, a researched cruiser BPO which is being copied as of now and a T1 module.
Further investments include minerals well below Jita cost for manufacturing of said ammo.
Stock has been moved to 4 stations for the purpose of reaching a greater audience to great success. Each of these stations acts as a small trade hub. Each has a different margin attainable, some cut throat, some handsome.
Within 24 hours of receiving loans the isk was spent on modules, ships and shipments. Fast sales resulted in more purchases in bulk via trade market mailing list and bulk trade. Going forward, everything purchased via contract and sold on market will not be tracked on eve-mogul unless i sell it to myself at my cost which will net a loss of about 2.5%. Compared to the gains I see, it is trivial, though it is still higher than I wish to lose when that same cost can be used to ship more items and or purchase more of the same.
Now I bring you to the payouts.
To simplify it on my end, I am making all payments at once. Some payments are made a day early. Due dates will remain unchanged.
24.5m to Tali Sins 52.5m to Jace Sarice 70m to Jeronica 28m to Piter Presley 35m to Koniforous 7m to Nedly Stark total of 217m in interest payments. Each payment represents 7% of the investment received from each party.
All payments sent approx 10:30 EVE time 4-1-14 |
Koniforous
Tauren Transit My Other Laboratory is a Distillery
16
|
Posted - 2014.04.01 13:51:00 -
[20] - Quote
ISK received. 5% Interest Rate on all investments. More info: https://forums.eveonline.com/default.aspx?g=posts&t=322582&find=unread |
|
Tali Sins
Inspiration Designs
0
|
Posted - 2014.04.01 14:23:00 -
[21] - Quote
Payment received. |
Piter Presley
Presley Enterprises
7
|
Posted - 2014.04.02 05:36:00 -
[22] - Quote
Isk received. Thx! |
Jeronica
Tackled In Belt Pasta Syndicate
302
|
Posted - 2014.04.02 16:14:00 -
[23] - Quote
Got the isk! Cheers. EVE-Mogul: https://www.eve-mogul.com CEO/Programmer Trade Profit Tracking Service |
Nedly Stark
Caldari Provisions Caldari State
18
|
Posted - 2014.04.05 02:23:00 -
[24] - Quote
Interest received sorry for late post was away on holiday. |
Raano Thorson
Sebiestor Tribe Minmatar Republic
13
|
Posted - 2014.04.14 09:56:00 -
[25] - Quote
And the payments are in! Oops they are all 1-2 days early!
Interest payments are as follows: 2014.04.14 09:33:15 Player Donation -7,000,000.00 ISK [r] Raano Thorson deposited cash into Nedly Stark's account 2014.04.14 09:32:47 Player Donation -35,000,000.00 ISK [r] Raano Thorson deposited cash into Koniforous's account 2014.04.14 09:32:19 Player Donation -28,000,000.00 ISK [r] Raano Thorson deposited cash into Piter Presley's account 2014.04.14 09:32:04 Player Donation -52,500,000.00 ISK [r] Raano Thorson deposited cash into Jace Sarice's account 2014.04.14 09:31:49 Player Donation -24,500,000.00 ISK [r] Raano Thorson deposited cash into Tali Sins's account 2014.04.14 09:31:24 Player Donation -70,000,000.00 ISK [r] Raano Thorson deposited cash into Jeronica's account
Profit reported via Eve-mogul from 4-1-14 until 4-14-14 is 415m. That is slightly under half of what my prior 2 week period returned. Keep in mind these payments are going out 1-2 days early. Profits on eve-mogul have started to climb back up daily from a recent slump.
Losses include over 600m when I tried to ship something myself. And another 250m doing the same. Also some random ISK doubling attempts. You can't hate me for trying right? Also, losses/expenses for shipping costs. Approx 45m of high sec hauling has been paid as rewards and 100-150 will go through this evening as well.
Losses have been offset via LP rewards. I cashed in upwards of 500k LP on certain items that gave a return of slightly over 1k isk/lp and slightly under 1k isk/lp.
Additional investments include numerous Frigate and Destroyer BPO's which are manufactured using well below Jita cost minerals. Jita is getting a bit insane. I could simply haul these minerals to Jita for instant profit or enjoy the additional venue of manufacturing my own goods. Being that the BPO's are not highly researched I have waste. Still, waste offset by the low prices I buy my minerals for. WIn Win!! Frigates and Destroyers are then sold as fitted ready to go ships at a considerable margin. While this is not the primary source of income it is catching up to be fairly decent.
Also, more T1 module bpo's have been purchased so I can make certain things happen below market cost.
I have unlocked up to advanced manufacturing 3 for the additional manufacturing slots so I can keep product moving including ammo for LP conversion.
Profits overall were lower than expected due to relocation of assets and personnel in the FW front. I have dropped my initial corp and move in and out of others NPC as well as player run for multiple purposes. One, getting shot at as a WT in highsec space is not a good thing, so I avoid it. The other corp I will be moving in and out of permits some pewpew and LP gains.
Eve-mogul shows lower profits than before. I believe I was averaging 50m profit days and spiking around 100-150m on some weekend days when the war got fun. Since the move this has decreased due to some instability in the warfront as well as moving a large number of my T2 module purchases to contract purchases. I am on a few mailing lists that I take advantage of for large quantity of items.
I am still in a position that if I had to sell off assets to buy orders in order to cover interest payments or the final loan payoff, I can. It's been a heart thumping 2 weeks being shot at, one-shotted, and being saved by warp core stabilizers and other modules. There is some upset when I go boom but I certainly don't give up everything and say I'm done. I have many PLAN B's.
That's it for this investors report. Though, I am not sure that the above is an investment report or me rambling. Off until next payment period! |
Koniforous
Tauren Transit
24
|
Posted - 2014.04.14 14:13:00 -
[26] - Quote
ISK received. Looks like you had a busy 2 weeks! If you would like any form of assistance with your operations, contact me in-game. 2.5% Interest Rate on all investments. More info: https://forums.eveonline.com/default.aspx?g=posts&t=322582&find=unread |
Nedly Stark
Caldari Provisions Caldari State
21
|
Posted - 2014.04.14 18:36:00 -
[27] - Quote
Confirmed isk received. |
Raano Thorson
Perimeter Defense Systems Templis CALSF
14
|
Posted - 2014.04.29 15:53:00 -
[28] - Quote
BAMMO!
2014.04.29 14:45:40 Player Donation -7,000,000.00 ISK [r] Raano Thorson deposited cash into Nedly Stark's account 2014.04.29 14:45:18 Player Donation -35,000,000.00 ISK [r] Raano Thorson deposited cash into Koniforous's account 2014.04.29 14:45:09 Player Donation -28,000,000.00 ISK [r] Raano Thorson deposited cash into Piter Presley's account 2014.04.29 14:44:54 Player Donation -70,000,000.00 ISK [r] Raano Thorson deposited cash into Jeronica's account 2014.04.29 14:44:38 Player Donation -52,500,000.00 ISK [r] Raano Thorson deposited cash into Jace Sarice's account 2014.04.29 14:44:24 Player Donation -24,500,000.00 ISK [r] Raano Thorson deposited cash into Tali Sins's account
There it is ladies and gents. Or gents and gents. Who can tell when we are all users behind an avatar!? Nonetheless, the above spam is the listing of interest payments made out just a few minutes ago to the active investors in this current loan.
Finally copying a cruiser bpo and found I just can't keep up with the minerals I need to have for constantly producing it. New project!!!!
Contract sales have seen some spikes of highs and lows and I have gone ahead an opened up just over 120 contract slots between the characters I use and public corp contracts.
Invested just a bit in a few more bpos, finished researching a chunk of what I had been working on and have found myself with almost more than what I can keep up with. I will be looking for some miners/miner corp to make some of that happen or continue purchasing minerals at my off grid location.
Shipping costs over the last 2 weeks amount to approx 120m.
Profits reported via eve mogul amount to 589.8m over the past 2 weeks. This exceeds the prior 2 week period and I have experienced much fewer losses.
Unreported profits continue to include contract sales with fitted ships, manufactured goods, items converted from meta1 or standard to faction via LP and direct trade sales.
Over the next 2 weeks I will be filling up those contract slots I have to maximize the returns.
Some of the fun stuff
Over the last 2 weeks I joined a FW corp that I had been supplying in order to make use of contract slots and join in the fun. I had the pleasure of joining a 70+ man fleet in taking a system. This is by far the largest fleet I have been involved with. I was astonished! We came together fast after a long grueling evening of making a system vulnerable. Did I experience any losses? Oh yeah! A handful of frigates and destroyers as well as a couple of cruisers were lost in the fray building up to the climax and on the way from it. How will these losses be replaced? Another system is in our hands acting as a trade hub allowing for greater market reach. It will take a bit of time for it to get ramped up again to full capacity like I had it before but it's happening. PVP combined with market PVP combined with access to systems makes everything real interesting. By involving myself people also know they can come to me for certain goods at volume.
Continuing investments
This final note is to those that wish to or are willing to continue the investment for an additional 2 weeks after the next payment date. The next payment date is the current planned end of loan. I will send individual mails to the investors to check on their willingness to extend for this period. Each will be paid in full or extended on an individual basis pending the response from each investor.
That's all for now folks. |
Koniforous
Tauren Transit
28
|
Posted - 2014.04.29 20:28:00 -
[29] - Quote
Payment received. Thank you, Raano. TAUTX Bank: 12.5% of profits paid to investors monthly. More info: https://forums.eveonline.com/default.aspx?g=posts&t=322582&find=unread |
Jeronica
Tackled In Belt Pasta Syndicate
304
|
Posted - 2014.05.02 15:30:00 -
[30] - Quote
A bit late on my response, but received the isk. Cheers! EVE-Mogul: https://www.eve-mogul.com CEO/Programmer Trade Profit Tracking Service |
|
|
|
|
Pages: [1] 2 :: one page |
First page | Previous page | Next page | Last page |