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Bumblefck
Kerensky Initiatives
8675
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Posted - 2015.09.29 17:10:57 -
[1] - Quote
Hello again everybody,
Hot on the heels of my completed loan, I am now looking to the long term and wish to issue a bond in order to expand my trading operations. I have the vision to make this happen, but I lack the liquid capital to make it so. This is where you, people of Emm Dee, would step in to make my plan a reality and yourselves a little bit richer.
Basically, my plan consists of a very nice basket of goods sold in a couple of low sec (and a high sec border) hubs - since taking out my initial loan, I have identified one other market that looks pretty profitable, and I would like to continue with my existing markets and try out this new one. So far, things have been going very well and there is every indication that this trend will continue.
Proposal: a 5bn bond, divided into 1bn increments, over a 60 day (or two month, as you please) duration, paying 5%/billion monthly. Upon the conclusion of the bond, I would repay the principle along with the second interest payment. I have never proposed a bond issue before and I hope that this satisfies requirements, if not please let me know and I will alter accordingly.
Please note: The following is information I provided from my previous completed loan. As not much has changed (particularly with regards to risk and my exit strategy, I have simply copied it from my previous effort. [Any changes and additions below will be bracketed and bolded!])
Collateral: none. I don't know what to suggest at this point, as apart from random garbage throughout New Eden, I don't really have anything else of note. vOv [Since my first venture, I have a fair amount of ISK in stock, but still no real liquidity to speak of. This is really hindering growth!]
Risks: Oh, plenty! So many I don't even know where to begin, not least the lack of collateral and the fact that this is my first time doing something like this (on a major scale). Yes, I could very easily run off with the money, and in fact many of you are probably thinking that very same thing (if you're not a fan of my postings elsewhere on the forums). However, all I can really offer is my word, and the fact that this idea of mine has really piqued my interest and I am committed to guiding and building this project. You might also suspect that this is a rep grinding activity, leading to larger loans (with an eventual theft) in the future. Again, if you believe that, there's not much I can do to disabuse you of that notion, but I am interested in seeing if the research that I've put into the framework of this would work. Hopefully, after this, I will be able to take things forward on my own, without external assistance. [I have now discovered that I love the thrill of trading!]
I might be a (mediocrely) good troll, but I'm not really a 'grab the money and run' individual - it wouldn't sit well with me if I were to abscond. I wouldn't be abashed in reporting failure, but not outright theft. Of course, you don't know me from Adam, and there's literally nothing stopping me from doing that should I be successful, but I wouldn't. My moustache is honourable.
I could also be hit by a bus and incapacitated in a thousand other ways, which might put a scupper on things. If I am successful eliciting a loan from (a) kindly individual(s), I would give my wife a sealed envelope with my login details and instructions on disbursements to investors, though I imagine she'll be weeping as she does it because she'll be distraught (I am loveable in RL). Which brings me nicely to... [I told my wife about this plan, and she just laughed and said something about space aliens and zombie Nazis...I think she's conflating several games here!]
Exit strategy: Ok, honestly speaking, I'm not expecting to fail hard with this one, but anything's possible. If, after three weeks, things look like they're headed south, I'll take the only exit that I know how, and whip out my credit card and buy a couple of PLEX. I'll sell these and return the money to investors. [This exit plan is remaining the same, with the exception of a bigger PLEX purchase to cover the increased principle.]
I hope I've covered everything - if not, please feel free to shoot me a message here or in-game. Like before, I'm anticipating people picking this apart, and, like before, I welcome constructive criticism.
Thank you for your time!
Reference:
Previous loan - completed
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Dethmourne Silvermane
Mare Crisium Industries Test Alliance Please Ignore
59
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Posted - 2015.09.29 18:20:10 -
[2] - Quote
*cough* Ahem...
"WILL PLEDGE 10B"
But seriously, good luck!
Interested Party (TM)
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Bumblefck
Kerensky Initiatives
8675
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Posted - 2015.09.29 18:31:02 -
[3] - Quote
I can totally understand your skepticism - however I have not yet had my RDA of sarcasm today, so I appreciate that :)
Thank you for your well-wishes!
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Cista2
Phoibe Enterprises
172
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Posted - 2015.09.29 20:30:42 -
[4] - Quote
It's puzzling why you would call this bond #1, the other one ended exactly 4 days ago. If investors read only your headline they will say no thanks.
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Bumblefck
Kerensky Initiatives
8680
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Posted - 2015.09.29 20:34:37 -
[5] - Quote
It is actually my very first bond - the other one was a loan :)
If you could be more specific, that would be helpful - as I said in the OP, I'm very new to this so would appreciate input.
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Arancar Australis
Dead Sun Rising Enterprises
135
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Posted - 2015.09.30 04:21:22 -
[6] - Quote
Sign me up for 1 billion, oh bumbling one.
It's only pixelated money and what's the first rule of Eve "only fly (or loan) what you can afford to lose"
Let me know when to send the funds through.
Cheers,
AA |
Cista2
Phoibe Enterprises
172
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Posted - 2015.09.30 06:35:42 -
[7] - Quote
Bumblefck wrote: If you could be more specific, that would be helpful
A lazy investor that only reads your headline, will judge that 5% is too low interest rate for a first uncollateralised bond slash loan. It'll probably fill anyway, investors seem bent on filling all offers atm.
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Dethmourne Silvermane
Mare Crisium Industries Test Alliance Please Ignore
59
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Posted - 2015.09.30 14:55:08 -
[8] - Quote
At the rate people are filling bonds, I should really expand mine but do the expansion at like 3% or less :P
Interested Party (TM)
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Bumblefck
Kerensky Initiatives
8684
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Posted - 2015.09.30 15:02:07 -
[9] - Quote
Arancar Australis wrote:Sign me up for 1 billion, oh bumbling one.
It's only pixelated money and what's the first rule of Eve "only fly (or loan) what you can afford to lose"
Let me know when to send the funds through.
Cheers,
AA
Thank you AA - much appreciated! Let us do beautiful things (with money) together!
Please send ISK to Bumblefck :)
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Bumblefck
Kerensky Initiatives
8684
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Posted - 2015.09.30 15:05:08 -
[10] - Quote
Cista2 wrote:Bumblefck wrote: If you could be more specific, that would be helpful
A lazy investor that only reads your headline, will judge that 5% is too low interest rate for a first uncollateralised bond slash loan. It'll probably fill anyway, investors seem bent on filling all offers atm.
A fair point - rate of return has been increased to 8%
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Nouva MacGyver
MacGyver Communications
21
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Posted - 2015.09.30 17:39:59 -
[11] - Quote
Got the mail notification. I like the cut of your jib. Additionally glad you took note of Cista's feedback and sweetened the reward to risk ratio. Reserving 1billion space monies - hopefully others can have a stab at the remainder if they're so inclined.
Good luck, and I hope this is a start of many good and honest things to come!
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Bumblefck
Kerensky Initiatives
8685
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Posted - 2015.09.30 17:51:30 -
[12] - Quote
Nouva MacGyver wrote:Got the mail notification. I like the cut of your jib. Additionally glad you took note of Cista's feedback and sweetened the reward to risk ratio. Reserving 1billion space monies - hopefully others can have a stab at the remainder if they're so inclined.
Good luck, and I hope this is a start of many good and honest things to come!
Ty Nouva - I appreciate your support and hopefully we can sprinkle some ISK multiplication dust over the investments!
Thank you also for your faith in me and my project - may this be the second step on the journey towards richness and gold-plated toilets for all
OP updated with deets
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Elisaran Dagma
EVE University Ivy League
2
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Posted - 2015.10.01 03:02:33 -
[13] - Quote
I'll give you a helping hand on this one.
1b for you, mate, if you say please and thank you |
Arancar Australis
Dead Sun Rising Enterprises
136
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Posted - 2015.10.01 10:30:15 -
[14] - Quote
Isk away |
Nouva MacGyver
MacGyver Communications
22
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Posted - 2015.10.01 10:50:13 -
[15] - Quote
Monies transferred to Bumblefck. |
Elisaran Dagma
EVE University Ivy League
3
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Posted - 2015.10.01 13:35:53 -
[16] - Quote
Isk sent; best of lucks in your trading! |
Bumblefck
Kerensky Initiatives
8691
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Posted - 2015.10.01 15:06:09 -
[17] - Quote
Elisaran Dagma wrote:I'll give you a helping hand on this one. 1b for you, mate, if you say please and thank you
Please and thank you my Space Captain
Thank you all for your help and confidence - will update OP now with peeps and deets!
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Bumblefck
Kerensky Initiatives
8691
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Posted - 2015.10.01 15:13:26 -
[18] - Quote
Forgot to mention (most importantly!) - ISK received from all! Many thanks!
There is still a couple of billion up in the offing should anyone wish to take part (my initial calculations had factored in a bond of 5bn), let me know :)
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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Bumblefck
Kerensky Initiatives
8692
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Posted - 2015.10.01 16:00:29 -
[19] - Quote
ISK received from JeronixTrade via ingame convo, bond is now filled...let's get to work!
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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JeronixTrade
School of Applied Knowledge Caldari State
0
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Posted - 2015.10.01 16:01:27 -
[20] - Quote
2bn sent. |
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Bumblefck
Kerensky Initiatives
9105
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Posted - 2015.11.08 21:30:20 -
[21] - Quote
November interest disbursed a little bit early, thank you all for your support :)
Got a HoleySheet1 corpse? I'll buy it for 200m!
Bumble's Space Log
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Arancar Australis
Dead Sun Rising Enterprises
137
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Posted - 2015.11.10 00:15:21 -
[22] - Quote
Isk received.
Nice work mate.
Cheers,
AA |
Spruillo
Spruillo Corp
59
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Posted - 2015.11.10 01:05:50 -
[23] - Quote
Dethmourne Silvermane wrote:At the rate people are filling bonds, I should really expand mine but do the expansion at like 3% or less :P your face.
PLAYIN SPACE TRUCKS VROOM VROOM
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ISD Dorrim Barstorlode
ISD Community Communications Liaisons
6455
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Posted - 2015.11.12 00:52:40 -
[24] - Quote
Removed an off topic post.
ISD Dorrim Barstorlode
Vice Admiral
Community Communication Liaisons (CCLs)
Interstellar Services Department
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JeronixTrade
Suddenly Freight Suddenly Spaceships.
2
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Posted - 2015.11.12 14:30:20 -
[25] - Quote
Received :) 160m |
Bumblefck
Kerensky Initiatives
9857
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Posted - 2015.12.23 16:50:37 -
[26] - Quote
Hello all,
Apologies for not being as responsive as I should here - my attention has fallen through the cracks a bit but things are still on target. Principle will be returned along with this month's interest payments today or tomorrow at the latest - thanks for your patience! :)
Got a HoleySheet1 corpse? I'll buy it for 200m!
Bumble's Space Log
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Arancar Australis
Dead Sun Rising Enterprises
138
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Posted - 2015.12.30 03:36:53 -
[27] - Quote
Too much Christmas cheer, methinks |
Jerry T Pepridge
Meta Game Analysis and Investment INC.
542
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Posted - 2015.12.30 11:03:15 -
[28] - Quote
The pressure of Elite roleplay has caused some burnout here i see, did you do any trading at all? or were you just paying for the privilege so to speak, the roleplay that is. |
Bumblefck
Kerensky Initiatives
9923
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Posted - 2015.12.30 11:41:34 -
[29] - Quote
Arancar Australis wrote:Too much Christmas cheer, methinks
+1
That is it, exactly. Too much booze and telly I'm back on top of things today and I aim to get everything wrapped up
Quote:The pressure of Elite roleplay has caused some burnout here i see, did you do any trading at all? or were you just paying for the privilege so to speak, the roleplay that is.
I am disappoint
Got a HoleySheet1 corpse? I'll buy it for 200m!
Bumble's Space Log
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Bumblefck
Kerensky Initiatives
9923
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Posted - 2015.12.30 11:50:14 -
[30] - Quote
Ok, I'm all caught up! All monies repaid with interest (plus a little extra to compensate for my forgetfulness!)
Thank you for your time and patience - and more importantly, for believing in Bumble!
Christmas intervened and took a toll, but I'm back with a vengeance...watch out New Eden!
Hope you all had a lovely holiday and a great New Year - which may well hold more ventures!
Got a HoleySheet1 corpse? I'll buy it for 200m!
Bumble's Space Log
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