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Thread Statistics | Show CCP posts - 1 post(s) |
RaWBLooD
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Posted - 2007.05.10 19:04:00 -
[1]
I will be using the cash from this to allow my manufacturing process to be continuous. Anyone that manufactures can vouch that between buying the minerals and selling the made item there is lots of time.If you are unable to afford minerals to keep producing until your items sell this can cause a significant decrease in profits. I will also be using a small amount to trade wherever there are opportunities and to research to make the manufacturing efficient.
I am currently selling bonds in my corporation. These will be in the form of shares. I will be selling these bonds for 1 million isk each. Every month, I will pay an 80,000 isk dividend on these bonds. I will always have a buy-back offer on bonds at 800k per bond. In the event that I don't have the funds available to facilitate all buyback requests, I will liquidate stock until I am able to do so.
I request the right to close the bond issuance at any time after 6 months and offer 1 million isk for every bond still in circulation at this point. This in no way implies that I will close after 6 months, but allows me the option to do so if I require.
The default is 1000 shares in total. Each share will act as a bond. Ricdic has agreed to hold any shares in excess of the initial 150 until such time as they may be required to ensure dividends are correctly re-issued and/or the customer base purchases more bonds.
The plan is as follows. After the first month, I calculate the number of shares(bonds) still on hand (ricdic holding + any i might be in possession of). I then place a dividend assuming I am paying out 80k per share for all shares.
A better way to put it , is as follows.
Assuming Ricdic holds 850 shares, and I hold 55. The public holds 145 shares. (total-1000). At the end of this monthly period, I post a dividend of 80 million isk in total. This ensures everyone recieves the 8% guarantee. Now, Ricdic then transfers (850*8/100) 68m back to me, and I remove my (55*8/100) 4.4m out of the corporate wallet.
This means, in the above example, that I retain my existing cashflow (lose a portion for a short period after dividend) and Ricdic is there as an extra security measure to ensure I don't run off or try to resell the bonds on the 'down low'. miners-you can: switch, rob, wardec, nerf, scam them, buy below market, pirate them on their way to sell. mining < trading, ratting, manufacturing from market bought minerals,they still wont go away |
RaWBLooD
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Posted - 2007.05.10 19:05:00 -
[2]
Ricdic has also kindly offered to go as a partial guarantor on this IPO, so in the event of a scam, he will purchase back all outstanding bonds (shares) at 50% of purchase value. In the event of me defaulting, and not being able to pay all dividends, I will allow Ricdic to sieze all my assets and liquidate as he see's fit. In Ricdic's eyes, if I fail to pay dividends two months in a row, this is considered a scam and he then takes action as above.
Thank you for your time, shares (bonds) are available immediately from me. Please post all bond requests in this forum, so Ricdic is able to monitor their whereabouts better to determine when/if I require further bonds to distribute. Ricdic will be running his own auditing of my account due to his guarantee in this bond offering. Ricdic may also put holds on bond sales if he believes I cannot reach the 8% monthly profit quota as more people purchase bonds.
Ricdic also assisted me in writing this.
So lets get fat together. You don't even have to do anything :)
Afterwards I can help you with a workout plan!
miners-you can: switch, rob, wardec, nerf, scam them, buy below market, pirate them on their way to sell. mining < trading, ratting, manufacturing from market bought minerals,they still wont go away |
Ionia
Advanced Manufacturing
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Posted - 2007.05.10 19:06:00 -
[3]
use an alt corp to issue the bonds to get rid of all the dodgy share complications
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Treelox
Amarr Frontier Technologies
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Posted - 2007.05.10 19:12:00 -
[4]
Originally by: Ionia use an alt corp to issue the bonds to get rid of all the dodgy share complications
agreed --
FTEK | Production ~ Research ~ Sales ~ Omber Zombie's Wet Work |
RaWBLooD
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Posted - 2007.05.10 19:14:00 -
[5]
I believe I can manage without an alt. I want to keep everything in the open so that there is no confusion.
miners-you can: switch, rob, wardec, nerf, scam them, buy below market, pirate them on their way to sell. mining < trading, ratting, manufacturing from market bought minerals,they still wont go away |
Ionia
Advanced Manufacturing
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Posted - 2007.05.10 19:18:00 -
[6]
Originally by: RaWBLooD I believe I can manage without an alt. I want to keep everything in the open so that there is no confusion.
the suggestion was to reduce confusion.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.05.10 19:22:00 -
[7]
If he uses an alt corp, I cannot monitor the shares. If he uses an alt corp, I cannot secure it so you will have 1 billion isk in his hands only.
If you are happy to do this, very well.
Sick of the waits with empire research slots? Use mine! |
Ionia
Advanced Manufacturing
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Posted - 2007.05.10 19:27:00 -
[8]
Originally by: Ricdic If he uses an alt corp, I cannot monitor the shares. If he uses an alt corp, I cannot secure it so you will have 1 billion isk in his hands only.
If you are happy to do this, very well.
wrong. you can secure the shares in the main corp. the alt corp can be just for managing the public bonds so we dont have this situation where some shares are public bonds, some are for locking down, some are for raw to keep etc
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Treelox
Amarr Frontier Technologies
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Posted - 2007.05.10 19:28:00 -
[9]
Originally by: Ricdic If he uses an alt corp, I cannot monitor the shares. If he uses an alt corp, I cannot secure it so you will have 1 billion isk in his hands only.
Care to explain that in more detail, ric?
What about using an alt corp, stops your monitoring that you would of had the other way? Maybe an explanation as to mechanics of this monitoring are to take place exactly, would be in order. --
FTEK | Production ~ Research ~ Sales ~ Omber Zombie's Wet Work |
Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.05.10 19:29:00 -
[10]
Originally by: Ionia
wrong. you can secure the shares in the main corp. the alt corp can be just for managing the public bonds so we dont have this situation where some shares are public bonds, some are for locking down, some are for raw to keep etc
You may have spare alts, but I do not. How do we get around this? I assume you will go guarantor for him?
Sick of the waits with empire research slots? Use mine! |
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Treelox
Amarr Frontier Technologies
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Posted - 2007.05.10 19:41:00 -
[11]
as per ricdic's suggestiong to my hesitation in enjoying the write up, i will not being investing in this IPO. At ricdic's behest. --
FTEK | Production ~ Research ~ Sales ~ Omber Zombie's Wet Work |
Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.05.10 19:44:00 -
[12]
Originally by: Treelox as per ricdic's suggestiong to my hesitation in enjoying the write up, i will not being investing in this IPO. At ricdic's behest.
You won't need too. The IPO/Bond Issuance is cancelled. I will privately invest in him.
Sick of the waits with empire research slots? Use mine! |
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Zhuge Liang
Forum Moderator Interstellar Services Department
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Posted - 2007.05.10 21:06:00 -
[13]
Redundant thread
Quick! To the Banmobile! |
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