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Thread Statistics | Show CCP posts - 44 post(s) |
Gal Amat
Corvid Executor
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Posted - 2006.10.24 18:14:00 -
[1]
I run Corvid (recently aquired) which resells capital ships and components on the open market. The problem stands that the few builders we have in our employ cannot always afford to build the capital ships with their own funds, so we tend to take a deposit from customers so that we can buy the relevant minerals to build components and therefore ships. This is normally fine, but we often lose custom due to the current climate which has stopped people trusting one another. I understand this.
What systems can a small reseller use to build up enough cash to set ourselves apart from this and therefore be able to afford to buy minerals for a dozen or so capitals?
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Dark Shikari
Caldari Imperium Technologies Firmus Ixion
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Posted - 2006.10.24 18:16:00 -
[2]
The BPOs that you have should cover the cost, so you could take a loan out using the BPs as collateral.
-[23] Member-
Awesome new space games site, from the editor of E-ON! |
Gal Amat
Corvid Executor
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Posted - 2006.10.24 18:23:00 -
[3]
Sorry, I'm not very good at explaining. Corvid doesn't own any BPOs, we have many pilots who use our reseller services to sell their ships. People order through Corvid, who then tell the builder. We're not in a position to give any collateral for a loan, because Corvid doesn't own any BPOs.
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Caroglac
Amarr The Arrow Project The ARR0W Project
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Posted - 2006.10.24 20:48:00 -
[4]
perhaps you could follow the link in my signature...
we produce 5 capital ships every 12 days and have the reasources invested so that we arnt relying on this cycles sales inorder to produce next cycles ships...
maby our sales rep would be interested in using your reseller service?
I dunno, but you can ask him Cap Ship Sales |
Teh Bunny
Caldari Minor Mining Corp
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Posted - 2006.10.26 06:34:00 -
[5]
Why don't you open up the company to public funding, it seems to me that alot of corps have had success doing similar ventures. |
AvgGuy
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Posted - 2006.10.26 16:19:00 -
[6]
One way our corp produced enough funds was to buy a few GTC and sell for isk then use that capital. Once we had turned enough profit we repaid ourselves by going and buying GTC with the isk (we even got a better rate too!) so that we all now play for free basically.
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Gal Amat
Corvid Executor
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Posted - 2006.10.28 23:54:00 -
[7]
After a fair chunk of discussion, it has been decided that the best way may be to offer up shares in CORVD, totalling to no more than 30% of the company worth. In theory, this should free up capital, allowing the construction of ships to be offered on the market, instead of building to order. With enough ships sold (We estimate no less than 6Bn ISK a week) we could easily provide interest on each share bought. Does this sound feasible?
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Lightof God
Caldari Arcana Imperii Ltd.
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Posted - 2006.10.31 23:39:00 -
[8]
write out a buisness plan and let me buy some shares :)
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EFS Manager
Eve Financial Services
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Posted - 2006.11.03 09:30:00 -
[9]
Originally by: Gal Amat After a fair chunk of discussion, it has been decided that the best way may be to offer up shares in CORVD, totalling to no more than 30% of the company worth. In theory, this should free up capital, allowing the construction of ships to be offered on the market, instead of building to order. With enough ships sold (We estimate no less than 6Bn ISK a week) we could easily provide interest on each share bought. Does this sound feasible?
You may run into some problems with your business model as you really have no asset worth to speak of. You will be selling goodwill only and that brings a whole pile of questions, like:
What are you basing the share value on if it has no collateral backing? What percentage of the profit would the investors be entitled to considering they would be putting up most if not all of the Isk. Do the investorys have a say in the business What happens when you decide not to play anymore?
These are all rather difficult issues to deal with, and they are all issues that NEED to be dealt with for an IPO.
Good luck with whatever you decide to do.
Regards,
EFS Manager
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Inowen
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Posted - 2006.11.17 05:20:00 -
[10]
So Gal, what happened to the billions of ISK you got when you ripped Dragy off? As a known thief I would find it very hard to invest a single isk in your venture. Also I would advise any prospective investors to stay away from this person unless you like giving your money away.
Inowen RHNVY ASCN
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Kesslan Osefice
Panther's Paw Industries Ltd
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Posted - 2006.11.17 08:58:00 -
[11]
Originally by: Inowen So Gal, what happened to the billions of ISK you got when you ripped Dragy off? As a known thief I would find it very hard to invest a single isk in your venture. Also I would advise any prospective investors to stay away from this person unless you like giving your money away.
Inowen RHNVY ASCN
True or false as these accusations may be (I wouldnt know, as I dont know a thing of this, it's just a good example) this is exactly why there is so little trust in others in EVE. It's a problem I've run into even internal to the corp I started. I recently lost an older player as they claimed they didnt know what was happening with all the minerals being mined for the corporation (Never mind that the stock was easily visible to everyone, I gave statements on how sales and the corp were doing, and even so far as to what exactly was being produced etc, and still do for that matter)
Ultimately it all comes down to you asking for some one's trust. And you either take the leap of faith, or you dont. All too often it seems to me (As some one admittedly a great deal newer to EVE than others) the former have gotten burned quite a few times. Which makes folk ever more reluctant to trust anyone. For they have had good reason NOT to so often reinforced.
It's very easy to rightfully or wrongfully destroy some one's reputation, its much much harder to build it up. And even harder still to build it up once it's been tarnished. For once it has been, even with false accusations that have been proven such, folk will allways ask (especially those who dont really know ALL the facts) 'What if?'.
In the end, it allways comes to trust and if that trust is upheld or broken. And frankly EVE is the type of game that trust has been broken for so many, and infact so publicly that many players who dont even play EVE, many who dont even play MMO's but pay attention to gaming related news have heard of some of the more notorious scams EVE has seen. And given the complete lack of protection for the gamers within the EVE universe against scamming, (when it involves in game money/products) more will no doubt happen.
And I'm sure the coded contract system while a step in the right direction will lead to other scams some how when some smart bugger figgures out a way to do it.
In the end it seems to me that your best bet is to go along with most of the suggestions about building up a buisiness plan. Getting your current customer base (that being the producers that build the ships you turn around and sell for them) to vouch for you, and for that matter anyone else who's potentailly trusted, well known etc.
Though certainly if Inowen's accusation is true. You'd be better served by comming clean with the affair and just why exactly it happend, rather than trying to hide it. Skeletons have a bad habbit of clawing their way out of one's closet in EVE afterall it seems, so often I'm sure some folk wish they had a Cleric from D&D to shoo them away.
Yay we finally have a forum: http://pantherspaw.freehostia.com/ |
Leviathan9
Gallente Royal Hiigaran Navy
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Posted - 2006.11.17 16:29:00 -
[12]
Why would anyone want to have anything to do with you? Your a scammer, you stole from my corp mate.... You will pay for that.
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Leviathan9
Gallente Royal Hiigaran Navy
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Posted - 2006.11.17 16:30:00 -
[13]
Edited by: Leviathan9 on 17/11/2006 16:30:45 Delete.
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MaxFareday
Royal Hiigaran Navy Ascendant Frontier
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Posted - 2006.11.17 17:33:00 -
[14]
anyone that wants to waist thier money on a proven thief must be out of thier mind. Gal Amat you stole from Dragy and you more than likely will steal again.
BE WARNED people if you just wanna throw your money away to someone who will have no problem ripping you off then by all means give him cash for those useless shares.
You might have got a new corp or "enterprise" but your still the same thief.
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mad maxx
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Posted - 2006.11.17 21:32:00 -
[15]
Edited by: mad maxx on 17/11/2006 21:32:43 Gal Amat known scammer, do not trust. Is K.O.S. with me and corp. will buy his corps of any one (not in his corp, aliance or friends) for one hundred million {100,000,000.00}
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Dragy
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Posted - 2006.11.19 00:11:00 -
[16]
Kesslan,
Everything that Inowen wrote is true. Everyone can check it. Look for my post here :
http://oldforums.eveonline.com/?a=topic&threadID=420399&page=1
There's also link to the page about the whole scam. You'll find how CORVD trustworthy is.
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Loke Falconfury
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Posted - 2006.11.23 11:33:00 -
[17]
Edited by: Loke Falconfury on 23/11/2006 11:34:07 Personally I would never invest with a proven scammer who has no morality issues concerning your hard earned isk or ships. Of course that trust is up to the individual person, but I would advise everybody to take a long hard look at the following links to threads with other comments. Both by others, but also by Gal Amat himself, admitting scamming. Buyer beware.
http://oldforums.eveonline.com/?a=topic&threadid=397798
http://oldforums.eveonline.com/?a=topic&threadID=403724&page=1#8
http://oldforums.eveonline.com/?a=topic&threadid=420399
Loke Falconfury Director of The Capital Accessory Shop
The Capital Accessory Shop |
Ferrosa
Gallente Lyonesse Inc.
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Posted - 2006.11.23 11:48:00 -
[18]
can an admin lock this thread please?
I think it can be safely assumed that this person can not be trusted and that this thread will lead to nothing more than flaming / counterflaming / accusing / ...
We can honestly say now that this IPO is going nowhere in the near future. Face it Gal Amat, your reputation is ruined, even though you 'might' be 'legitimate' on this operation. Once a thief, always a thief, anyone?
Greetings, Ferrosa
Official broker at the EvE Galactic Stock Exchange |
Gal Amat
Four Kings Holdings
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Posted - 2006.11.23 12:51:00 -
[19]
Originally by: Ferrosa can an admin lock this thread please?
I think it can be safely assumed that this person can not be trusted and that this thread will lead to nothing more than flaming / counterflaming / accusing / ...
We can honestly say now that this IPO is going nowhere in the near future. Face it Gal Amat, your reputation is ruined, even though you 'might' be 'legitimate' on this operation. Once a thief, always a thief, anyone?
Greetings, Ferrosa
see, that's not true. all flaming and mud-flinging aside, i've sold over 800 shares so far, and will be doing the first dividend in just under two weeks
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