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Proton Power
Amarr Tleilex Developments
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Posted - 2008.10.01 15:22:00 -
[1]
Edited by: Proton Power on 01/10/2008 15:30:36 Proton Power in conjunction with EBANK Presents BPO LEASING 1. Basics - You lease us your T2 BPO and we pay you to use it based on profits.
2. Security - 5 Different members in EBANK each hold 200 of my shares, I donĘt even own 1 share. Soon as the BPO switches hands to me, I lock it down in our Corp Hanger that requires 3 of 5 Votes to unlock. Hexxx, Seleene, Athre, SencneS, and Mr. Horizontal are the share holders. None of the share holders have access to the Corp Hanger, myself and Ricdic are the only people that have access to the hanger. So if I wanted to scam I would have to get 3 share holders to go with it as well. If the share holders wanted to scam, they would have to get me onboard with it. Over all this is the most secure way I could come up with doing this.
3. Payout Plan - We workout a plan based on build cost of the Item the BPO Makes, then take market value and work out the profit. We then Take the build time, work how many of that item we could make in 90 days. We pay you for 3 months in advance based on these figures -
If BPO Makes less than 20mil per month (30 days) we will pay you 25% of the profits. If BPO Makes between 20.1 mil and 100mil we will pay you 35% If BPO Makes between 101mil and 500mil we will pay you 50% If BPO Makes between 501mil and 1bil we will pay you 65% If BPO Makes between 1bil and 2bil we will pay you 75% Any BPO that makes more than 2bil we will pay you 85%
If your thinking about leasing multiple BPO's we may be able to up teh %, but this will be on a case by case basis. If you have questions about what we would value your BPO at convo me, Chris Smith, or sign into EBANK and send me a PM.
Examples of BPO - BPO Makes 35mil Isk per Month, you get 35% so you would get 36,750,000m isk when you lease the BPO to use, 12.25mil per month *3mths.
At the end of the 90 day lease, you decide if you want to re-evaluate your BPO's profits and lease it back to us, or take it back for your own use.
4. Over all you lease us your BPO, we do all the work and still pay you most of the profits.
If you have any questions please post them or convo me for details or Chris Smith, I am on Chris Smith more than any other character right now.
Earn Isk on your Idle Isk Today! |
Chris Smith
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Posted - 2008.10.01 15:23:00 -
[2]
Confirmed.
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2008.10.01 16:08:00 -
[3]
Edited by: EBANK Ricdic on 01/10/2008 16:08:01 I can confirm that this venture is entirely EBANK secured and that BPO's will be locked down when in our presence.
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Kazuo Ishiguro
House of Marbles Zzz
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Posted - 2008.10.01 16:22:00 -
[4]
Originally by: Proton Power So if I wanted to scam I would have to get 3 share holders to go with it as well.
Of course, that only applies once the lock is in place. There's nothing to stop you walking away immediately after receiving a T2 BPO
Good luck with your venture. I expect you'll do fine. --- DIY copying in Liekuri 20:1 mineral compression Eve Online folding@home team |
Proton Power
Amarr Tleilex Developments
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Posted - 2008.10.01 16:33:00 -
[5]
Originally by: Kazuo Ishiguro
Originally by: Proton Power So if I wanted to scam I would have to get 3 share holders to go with it as well.
Of course, that only applies once the lock is in place. There's nothing to stop you walking away immediately after receiving a T2 BPO
Good luck with your venture. I expect you'll do fine.
This was actually brought up during our talks about me doing this. We have thought about trying to give people temp access let them lock the bpo down so that I never hold it to solve this issue. I have to look into corp rights and see how feasable this is if at all.
Also my over all response to this was I have run a 60Bil isk IPO, a 12bil Isk IPO, and am probably one of the more trusted people in Eve. Soon as I stole 1 BPO everyone would know it and this program would shut down, and there is no BPO worth more than isk that has already been trusted to me in the past.
Earn Isk on your Idle Isk Today! |
EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2008.10.01 16:42:00 -
[6]
Originally by: Kazuo Ishiguro Of course, that only applies once the lock is in place. There's nothing to stop you walking away immediately after receiving a T2 BPO
Always a valid concern, one Proton has responded too below. However EBANK are guaranteeing the security of this operation so even if Proton does scam, EBANK will foot the bill. That's the level of trust we have in this operation.
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Grendell
Technologies Unlimited
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Posted - 2008.10.01 17:25:00 -
[7]
Free Bump for EBANK, great bunch of guys
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Omber Zombie
Gallente Frontier Technologies
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Posted - 2008.10.02 02:10:00 -
[8]
i won't be using this service, but PP has always been trustworthy in the past for me. Good luck with the new venture :) ----------------------
CSM 08 Blog |
skilzrulz
Gallente OneZeRO Enterprises
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Posted - 2008.10.02 02:54:00 -
[9]
I've let him hold onto a few of my bpos always trusted this guy.
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Artmedis Valben
Gallente Lobster of Babel
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Posted - 2008.10.02 03:21:00 -
[10]
Based on what price do you evalute monthly profit? Jita lowest sell?
How do count the max numbers of units buildable in a given period? Built at station? Built at POS? Max skills? Beancounter manufacture implants?
Is build cost based on buying everything at Jita lowest sell? Or based on inhouse build costs for T2 component and T1 base item manufacturing? Are then advanced mats and minerals valued at Jita lowest sell?
What about volume? Some items wont sell as fast as you can build them unless you sell at many locations...
Really just curious, but might consider trying you out if I like the answers
Selling: PERFECT PRINTS + RESEARCH |
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Proton Power
Amarr Tleilex Developments
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Posted - 2008.10.02 10:43:00 -
[11]
1 Originally by: Artmedis Valben Based on what price do you evalute monthly profit? Jita lowest sell?
2 How do count the max numbers of units buildable in a given period? Built at station? Built at POS? Max skills? Beancounter manufacture implants?
3 Is build cost based on buying everything at Jita lowest sell? Or based on inhouse build costs for T2 component and T1 base item manufacturing? Are then advanced mats and minerals valued at Jita lowest sell?
4 What about volume? Some items wont sell as fast as you can build them unless you sell at many locations...
5 Really just curious, but might consider trying you out if I like the answers
I numbered you questions since I suck at quoting. Very good questions btw.
1. I evaluate sell prices with Jita, but if things look off I also check Rens and Amarr and come up with an in-between. Most of the time Jita is within line of the other major hubs though.
2. This depends on the BPO. Some BPO's that are worth building at POS's will be built at a high sec POS we already build some of our other T2 out of. Somtimes even though you get more faster, a POS is not worth it due to extra build costs and such, so it all depends on the BPO. I do a run count for 1mth (how many I can build in that time) and multiply it by 3. That gives me total for teh 90 days but also a break down for monthly.
3. We do most of the T1 Building ourself unless its just cheaper or same costs of going through Jita. T2 Components are brought in via Jita and other means, same with other materials. Of course not all trade goods are cheapest in Jita so we try to go to teh regions with the better prices.
4. Volume really is not your concern since when we price out a BPO we price it out at Full Volume. The way we are setup if we have to hold onto a few items for longer to sell them, or as you said sell in differant locations that does not effect us. Now granted at the end of the 90 days if we decide the BPO is worth less than initial value or not worth it at all, when we go to do the Lease Again, we may decline the BPO or drop its value some. Then its up to you if you want us to continue production on it or give it back.
5. Hope that answers your questions, if you have more please let me know.
Earn Isk on your Idle Isk Today! |
Dr Missy
Fyre Industries
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Posted - 2008.10.02 12:24:00 -
[12]
I'm interested in this service. I'll be contacting you in game after the extended DT for a quote.
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Mr Daytrading
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Posted - 2008.10.02 13:53:00 -
[13]
Soon as I stole 1 BPO everyone would know it and this program would shut down, and there is no BPO worth more than isk that has already been trusted to me in the past.
so u collect 90d bpo's and then run away with 10? 30 bpo's?
ever thought off collateral?
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Tweety Bird
Caldari Interstellar eXodus Atlas Alliance
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Posted - 2008.10.02 17:18:00 -
[14]
Sounds like a fresh new 780bill scam attempt.
But then again anyone stupid enuff to "lease" u his t2 print should sit on the blisters Owing to lack of Eve-related content, signature removed. If you would like to discuss this, please mail [email protected] - Mitnal
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Proton Power
Amarr Tleilex Developments
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Posted - 2008.10.02 17:23:00 -
[15]
Originally by: Mr Daytrading Soon as I stole 1 BPO everyone would know it and this program would shut down, and there is no BPO worth more than isk that has already been trusted to me in the past.
so u collect 90d bpo's and then run away with 10? 30 bpo's?
ever thought off collateral?
I will answer this in two ways, one which directly responds to your over all concern, and a second which deals with pretty much all trust issues.
1) I see how you would think it would take 90 days for anyone to see I stole the BPO, BUT I pay 3mths profits in advance on the BPO. This isk comes from EBANK itself since they are sponsoring this program for me. Meaning that I have to get the isk from EBANK meaning that soon as I put in the request and for what BPO they are expecting a vote to lock the BPO. I do have a small fund of actual isk given for this as well, but its all watched and monitored very closely, and worse case End of Month reports would show I paid out isk for BPO's I never locked down. Hope this helps some.
2) If you have never heard of me, seen what I have done. If you have never seen or heard of EBANK. If you have never heard of or trust the thoughts on the people that have given me a good recommendation then honestly this program is probably not for you. Maybe once you see it go on for a few months and happy customers, but even I would not invest in this program if I didn't know the person or people running it, and I don't expect you to do so.
Again hope this helps some. I will probalby not reply to any more questions in this thread for about 20hrs do to not wanting the thread locked due to the replies. If you do have a question or concern I will be online tonight via Chris Smith and or Proton Power from about 4pm EST Time until 11pm EST Time.
Earn Isk on your Idle Isk Today! |
Tweety Bird
Caldari Interstellar eXodus Atlas Alliance
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Posted - 2008.10.02 17:28:00 -
[16]
Originally by: Proton Power
2) If you have never heard of me, seen what I have done. If you have never seen or heard of EBANK. If you have never heard of or trust the thoughts on the people that have given me a good recommendation then honestly this program is probably not for you.
U and ur Army of alts Wil be watching this with a big bag of popcorn Owing to lack of Eve-related content, signature removed. If you would like to discuss this, please mail [email protected] - Mitnal
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Grendell
Technologies Unlimited
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Posted - 2008.10.02 17:37:00 -
[17]
To those that have concerns of trust from EBANK. Well I've trusted these guys with aproximately 200b isk worth of T2 BPO's without a problem. So to me it seems pretty trustworthy right there.
It would be one hell of a scam fs all the T2 bpos were stolen, but then again they could very well be 100% legitimate. Make up your own decision, I've made mine.
NAGA has done this BPO leasing program(Step Stone) without any problems, why not EBANK?
Just some food for thought.
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2008.10.02 17:42:00 -
[18]
Edited by: EBANK Ricdic on 02/10/2008 17:42:28 I am a Proton alt? Anyone who doesn't know the size of EBANK should begin at our stats page here. It shows we deal with over 1 trillion isk of customers funds, have over 2,500 customers (some of whom are in your alliance btw Tweety), have been in operation for over a year and have actioned something to the tune of 2 trillion in withdrawals.
Any BPO's collected through the lease program will be locked down and only a majority vote by the guys who run the EBANK program will allow their unlocking.
This is no different to T2AHL (T2 ammo lease corp) and the NAGA stepstone project. As with those corporations this one will run based on reputation.
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Ricdics
Tleilex Developments
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Posted - 2008.10.03 02:58:00 -
[19]
This should be somewhere on the first few pages. |
EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2008.10.03 03:02:00 -
[20]
I actually also wanted to advise that this lease program can be used in conjunction with an EBANK loan.
Place your BPO into the lease program and you are eligible for a secured EBANK loan for up to 75% value of the BPO. This means you can effectively purchase more T2 BPO's while your existing ones are still earning you money.
Secured Loan interest rates when using the Lease Program are fixed at 6% per month interest. However be advised that you may not be able to collect your BPO from the lease program until the loan has been repaid (case by case situation, should contact me for further information)
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skilzrulz
Gallente OneZeRO Enterprises
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Posted - 2008.10.03 04:27:00 -
[21]
thanks I loaned out bpos, paid upfront.
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Ramblin Man
Empyreum
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Posted - 2008.10.03 05:52:00 -
[22]
Originally by: EBANK Ricdic I actually also wanted to advise that this lease program can be used in conjunction with an EBANK loan.
Place your BPO into the lease program and you are eligible for a secured EBANK loan for up to 75% value of the BPO. This means you can effectively purchase more T2 BPO's while your existing ones are still earning you money.
Secured Loan interest rates when using the Lease Program are fixed at 6% per month interest. However be advised that you may not be able to collect your BPO from the lease program until the loan has been repaid (case by case situation, should contact me for further information)
Was going to ask why you guys weren't doing this a while back, but figured it didn't make much sense then, w/o a formal BPO program in place. Nice to see you leveraging opportunities.
have love, willing to give it industrially .CCPGinger |
Dav Varan
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Posted - 2008.10.03 11:42:00 -
[23]
Originally by: EBANK Ricdic I actually also wanted to advise that this lease program can be used in conjunction with an EBANK loan.
Place your BPO into the lease program and you are eligible for a secured EBANK loan for up to 75% value of the BPO. This means you can effectively purchase more T2 BPO's while your existing ones are still earning you money.
Secured Loan interest rates when using the Lease Program are fixed at 6% per month interest. However be advised that you may not be able to collect your BPO from the lease program until the loan has been repaid (case by case situation, should contact me for further information)
The GDP on a lot of tech II BPO's is way below 6% , what can you offer in these cases.
E.G.
I have a sac BPO recently valued for 55B. The BPO makes 1B per month approx. You give me 85% of profit = 850M Month.
You give me 41.25B in a secured loan I have to pay 6% month = 2.475B Month.
So you get my BPO to make cash from and I pay you 1.625B per month for the pleasure.
Not such a great Deal tbh.
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Dr Missy
Fyre Industries
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Posted - 2008.10.03 12:00:00 -
[24]
Edited by: Dr Missy on 03/10/2008 12:00:06
Originally by: Dav Varan
Originally by: EBANK Ricdic I actually also wanted to advise that this lease program can be used in conjunction with an EBANK loan.
Place your BPO into the lease program and you are eligible for a secured EBANK loan for up to 75% value of the BPO. This means you can effectively purchase more T2 BPO's while your existing ones are still earning you money.
Secured Loan interest rates when using the Lease Program are fixed at 6% per month interest. However be advised that you may not be able to collect your BPO from the lease program until the loan has been repaid (case by case situation, should contact me for further information)
The GDP on a lot of tech II BPO's is way below 6% , what can you offer in these cases.
E.G.
I have a sac BPO recently valued for 55B. The BPO makes 1B per month approx. You give me 85% of profit = 850M Month.
You give me 41.25B in a secured loan I have to pay 6% month = 2.475B Month.
So you get my BPO to make cash from and I pay you 1.625B per month for the pleasure.
Not such a great Deal tbh.
I think the idea is that you use the loan to buy a second bpo. Why on Earth you'd use it to buy the same bpo with those numbers is beyond me.
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Klapperschlange
Section31
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Posted - 2008.10.03 12:38:00 -
[25]
Originally by: Proton Power
1. Basics - You lease us your T2 BPO and we pay you to use it based on profits.
nice joke
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Dav Varan
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Posted - 2008.10.03 14:01:00 -
[26]
Originally by: Dr Missy I think the idea is that you use the loan to buy a second bpo. Why on Earth you'd use it to buy the same bpo with those numbers is beyond me.
I never mentioned buying the same bpo again. The numbers dont add up whatever BPO you reinvest in.
A monthly interest rate of 6% = APR 101% ( 1.06 ^ 12 - 1 ).
So on an Ebank secured loan I would need to find a Tech II BPO that pays me back its purchase price in 12 months just to pay the interest.
Considering that most Tech II BPO's are now selling for a price of 5 x there yearly profit and have never in the history of eve ever sold for under 1.5 x yearly profit there is absolutelly no money to be made from The secured loan deal.
Not for the BPO owner anyways. The only peops getting rich from this would be EBank.
If Ebank is serious about secured loans for T2 BPO purchase then they need to be charging a monthly interest rate of around 1% anything more and they are just ripping people off.
Not to be rude Dr Missy but I was looking for a response from an EBank Director not one of there customers. Or are you more envolved in this than just a customer ?.
Anyway will resonable rates be available to players who can do the Math ?
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Femintaki
Gallente
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Posted - 2008.10.03 14:15:00 -
[27]
Originally by: Dav Varan
Considering that most Tech II BPO's .... have never in the history of eve ever sold for under 1.5 x yearly profit ....
Incorrect.
Quote: Do or do not - there is no try!
Buying T2 Ammo BPOs See here |
Dav Varan
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Posted - 2008.10.03 14:21:00 -
[28]
Originally by: Femintaki
Originally by: Dav Varan
Considering that most Tech II BPO's .... have never in the history of eve ever sold for under 1.5 x yearly profit ....
Incorrect.
In that case I offer to buy all your Tech II BPO's at 1.4 x Yearly profit, Or as many as I can afford anyways
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Femintaki
Gallente
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Posted - 2008.10.03 14:23:00 -
[29]
Originally by: Dav Varan
Originally by: Femintaki
Originally by: Dav Varan
Considering that most Tech II BPO's .... have never in the history of eve ever sold for under 1.5 x yearly profit ....
Incorrect.
In that case I offer to buy all your Tech II BPO's at 1.4 x Yearly profit, Or as many as I can afford anyways
I never said they sell for that now - my point is that many BPOs have sold for significantly less than 1.5x yearly profit.
I won't illustrate personal examples cos you'd probably cry.
Quote: Do or do not - there is no try!
Buying T2 Ammo BPOs See here |
Amarr Citizen 155
Alternative Methods Research Group
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Posted - 2008.10.03 14:42:00 -
[30]
PP is a standup guy and as trustworthy as they come. I approve of this message.
Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
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