Pages: 1 2 3 4 5 6 [7] 8 9 10 11 12 .. 12 :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Mintaka Orion
Caldari Ishukone Subsidiary The Orion Alliance
|
Posted - 2009.01.20 04:43:00 -
[181]
Isk was sent. Mintaka Orion |
Chaos Dreams
|
Posted - 2009.01.20 19:11:00 -
[182]
Originally by: Atima I am using a reputable third party who will lock down the BPO’s within his own corp hanger from where I will be able to build from, copy and research them. This covers 80% of the investment. For the other 20% of the investment I will have access to it, but in all honesty it would not be worth my time. Xabier will also have access to this but I highly doubt his reputation will be in question. An audit has been preformed and Kazuo will confirm that I have stuck to the business plan so far and that I am capable of extending it. Kazuo still has all of my API keys and will continue to do so for as long as I hold public ISK. Xabier has also permitted Kazuo to audit his characters if it is required.
With the recent rumor and speculation about Xabier, I was curious if those BPO's are still locked down or if they had vanished.
|
Atima
Minmatar House of Marbles
|
Posted - 2009.01.20 20:25:00 -
[183]
No, the BPOs are still secure, although it was a close call. Xabier nearly had access to some of the funds, however nothing belonging to atima industries has been taken.
|
Emywn Vanya
Caldari Redemption or Retribution Arcane Alliance
|
Posted - 2009.01.20 20:29:00 -
[184]
Thanks for the quick response. ----------------------- The answer is 42 |
Chaos Dreams
|
Posted - 2009.01.20 20:43:00 -
[185]
Originally by: Atima No, the BPOs are still secure, although it was a close call. Xabier nearly had access to some of the funds, however nothing belonging to atima industries has been taken.
Good to know, and thanks for the reply.
|
Ambo
State Protectorate
|
Posted - 2009.01.20 20:48:00 -
[186]
Very good news. Thanks for the update. --------------------------------------
Trader? Investor? Just want to track your finances? Check out EMMA |
Frenden Dax
Dax Acquisitions
|
Posted - 2009.01.20 20:53:00 -
[187]
Edited by: Frenden Dax on 20/01/2009 20:53:45
Originally by: Ambo Very good news. Thanks for the update.
Indeed. I can shrug off 500m in losses from evn, but writing off twice that here would be painful. Keep up the good work, Atima.
|
Kazuo Ishiguro
House of Marbles Zzz
|
Posted - 2009.01.20 21:10:00 -
[188]
We're holding firm: 80% of the original capital raised from the IPO is under my direct control. No-one else can take it, and it is not being used for any other purposes than those originally advertised. It is possible that further blueprints will be locked down as time goes on, increasing the secured portion of the IPO. |
Dawts
Federal Defence Union
|
Posted - 2009.01.20 22:51:00 -
[189]
I don't understand, Xabier supposedly had full access, but now he almost had full access? I was thinking about asking for an audit from a party that isn't involved, but since everyone already paid up, I say we ride this train to the next station..... (I don't know where that came from) |
Atima
Minmatar House of Marbles
|
Posted - 2009.01.20 22:53:00 -
[190]
Xabier did not get the access he requested. If your unhappy i will buy back your shares at purchase price, alternatively you can ride it out.
This offer only stands untill this issue is cleared over. |
|
Kw1jybo
|
Posted - 2009.01.21 02:40:00 -
[191]
so how are the shares tracked? I don't see any in my shares wallet. |
Atima
Minmatar House of Marbles
|
Posted - 2009.01.21 08:32:00 -
[192]
Sorry i forgot to update the last 20 shares, my bad, must be working to hard :).
I'll issue them tonight when i get in. |
Kazuo Ishiguro
House of Marbles Zzz
|
Posted - 2009.01.21 08:59:00 -
[193]
Originally by: Dawts I don't understand, Xabier supposedly had full access, but now he almost had full access? I was thinking about asking for an audit from a party that isn't involved, but since everyone already paid up, I say we ride this train to the next station..... (I don't know where that came from)
Xabier has extensive knowledge of the IPO, and I understand he helped to hammer out the details, but he has not otherwise been involved. There were plans to allow some of his alts to supply additional build slots, working at Atima's discretion within the unsecured part of the IPO - even then, he wouldn't necessarily have had access to the full unsecured 12bn isk. However, for reasons best known to himself he never even made the necessary corp applications. --- Can't afford that BPO? Look here. 20:1 mineral compression The EVE f@h team |
Dawts
Federal Defence Union
|
Posted - 2009.01.22 16:43:00 -
[194]
Originally by: Atima Xabier did not get the access he requested. If your unhappy i will buy back your shares at purchase price, alternatively you can ride it out.
This offer only stands untill this issue is cleared over.
I already stated in my first post I was going to stay invested. I'm not a part of any type of cap production and don't know anything about that market, but if Xabier retired shouldn't that mean more work/profit to make up for what he is no longer producing? (if in fact he is going to retire) I'm excited to see how this turns out. |
Prisoner 42
|
Posted - 2009.01.22 16:50:00 -
[195]
I have a little more isk, if anyone backs out let me know.
|
Shavana
Made in Canada
|
Posted - 2009.01.23 17:23:00 -
[196]
So when can we expect an update on events?
|
Astarte Nosferatu
Abrivianius Manufacturing Corporation
|
Posted - 2009.01.23 18:21:00 -
[197]
Originally by: Prisoner 42 I have a little more isk, if anyone backs out let me know.
Check my signature if you are looking for Atima shares.
Yes, I'm selling some of my shares |
Atima
Minmatar House of Marbles
|
Posted - 2009.01.23 18:34:00 -
[198]
Astarte, i offered a buy back at purchase price due to recent events involving Xabier for investors that were looking to sell there shares, leave a reply or contact me in game if you wish to sell them.
|
Atima
Minmatar House of Marbles
|
Posted - 2009.01.23 18:55:00 -
[199]
As for an update on events, so far all capital BPOs required for the expansion have been bought up apart from two carrier BPOs.
Currently i am adding the finishing touches to the component BPOs and construction will begin in around 5 days.
It will take 11 days to build the components, after which it will take a further 11 days for the carriers to be completed.
Due to the time required for the BPOs to be bought and construction to be running at 100% efficiency it will be a near profitless month, however retained profits will cover the dividend.
As for phase one investment, some bad news. The Freighter BPC market has crashed to the point where it is only offering 2.5% returns as opposed to the 6% returns for the previous months. I have retained the copies in the hopes that the value will increase and have put the BPOs in the labs for a further 1 months copying. If the market does not improve over this time i will consider liquidating some of the BPOs and moving over to dreadnought production.
Do not worry about the venture becoming unprofitable as the returns on the Carrier market are substantial enough to cover a 10% return for all shares. It has also been significantly more stable than the BPC market in the past.
|
Astarte Nosferatu
Abrivianius Manufacturing Corporation
|
Posted - 2009.01.23 19:14:00 -
[200]
Originally by: Atima Astarte, i offered a buy back at purchase price due to recent events involving Xabier for investors that were looking to sell there shares, leave a reply or contact me in game if you wish to sell them.
At 115%, or did I misread? |
|
Atima
Minmatar House of Marbles
|
Posted - 2009.01.23 20:36:00 -
[201]
No. I am offering to buy back at 100% due to recent events.
115% will be available in around two months time, however only in amounts that i can continue to keep this venture going.
|
Astarte Nosferatu
Abrivianius Manufacturing Corporation
|
Posted - 2009.01.24 08:36:00 -
[202]
Originally by: Atima No. I am offering to buy back at 100% due to recent events.
115% will be available in around two months time, however only in amounts that i can continue to keep this venture going.
Yeah, that's what I thought. This is not a panic sale however, either I sell with a decent profit, or I'll take my chances and wait a little longer. Thanks for the offer though . |
cosmoray
Cosmoray Construction
|
Posted - 2009.01.24 22:24:00 -
[203]
Originally by: Atima As for an update on events, so far all capital BPOs required for the expansion have been bought up apart from two carrier BPOs.
Currently i am adding the finishing touches to the component BPOs and construction will begin in around 5 days.
It will take 11 days to build the components, after which it will take a further 11 days for the carriers to be completed.
Due to the time required for the BPOs to be bought and construction to be running at 100% efficiency it will be a near profitless month, however retained profits will cover the dividend.
As for phase one investment, some bad news. The Freighter BPC market has crashed to the point where it is only offering 2.5% returns as opposed to the 6% returns for the previous months. I have retained the copies in the hopes that the value will increase and have put the BPOs in the labs for a further 1 months copying. If the market does not improve over this time i will consider liquidating some of the BPOs and moving over to dreadnought production.
Do not worry about the venture becoming unprofitable as the returns on the Carrier market are substantial enough to cover a 10% return for all shares. It has also been significantly more stable than the BPC market in the past.
This is the reason I don't like expansions.
You have 60B in assets.
Within ONE MONTH you have come back to investors to report that one of your main business sectors has crashed. You will basically make no cash there.
So now you are changing business plans, and your going to try dreadnaught production. Are you experienced in that field? Have you researched the market? Do you know your returns? Are they better than you other failed sector?
This is why I don't like fast expansions. I like to see if the manager is compatent to run the business before they get additional funding.
Now you may be an totally honest person and never scam, but your report isn't very encouraging.
Moving forward with new IPO's I will also want to see the auditor and the person securing the assets be different people in light of evn7298 & Xabier.
|
Astarte Nosferatu
Abrivianius Manufacturing Corporation
|
Posted - 2009.01.24 22:30:00 -
[204]
That's the main reason I'm dropping out, I was against the expansion from the start, and with recent events I have decided I would be better of investing my isk in preparation for T3.
Nothing personal, just business ;).
Yes, I'm selling some of my shares |
Atima
Minmatar House of Marbles
|
Posted - 2009.01.24 23:06:00 -
[205]
Edited by: Atima on 24/01/2009 23:10:12
Originally by: cosmoray
This is the reason I don't like expansions.
You have 60B in assets.
Within ONE MONTH you have come back to investors to report that one of your main business sectors has crashed. You will basically make no cash there.
So now you are changing business plans, and your going to try dreadnaught production. Are you experienced in that field? Have you researched the market? Do you know your returns? Are they better than you other failed sector?
This is why I don't like fast expansions. I like to see if the manager is compatent to run the business before they get additional funding.
Now you may be an totally honest person and never scam, but your report isn't very encouraging.
Moving forward with new IPO's I will also want to see the auditor and the person securing the assets be different people in light of evn7298 & Xabier.
The main business sector has not crashed. I have been UNABLE to resell as the BPOs i would resell are being held for construction.
I do not dictate the BPC market returns, yes i researched it over several months and it was offering 4-7% returns.
As for expansion it offered diversification, which helps counteract effects like this. The business plan has not been changed, if you took the time to read it fully I said I had put them back into copying and would CONSIDER changing it in one month depending upon how the market acts. This is the second time you have failed to fully read what i have posted and claim that i am taking investors for a 'ride'.
My competence does not define how the market acts, it does however define how i react to it.
How does my report make you fear that i am a scammer? Surely a scammer would sugar coat it to make investors happy.
As for multiple auditors i have no issue with this, it will have to be taken up between investors and Kazuo.
Now please cosmo, stop the personal vendetta, there really is no need to imply i am incompetent/scamming simply because the market drops.
|
cosmoray
Cosmoray Construction
|
Posted - 2009.01.24 23:20:00 -
[206]
Edited by: cosmoray on 24/01/2009 23:20:54 Sorry if you thought I implied you were a scammer. This is not the case, I may have worded it wrong.
My entire problem with the IPO is that a person with relatively little reputation expanded to a HUGE IPO within 1 month of launch.
You had no time to show that you could run the business successfully, show that burnout wasn't an issue, deliver promised returns on time, show good reports.
So far you have given mini-trading updates, and basically a profits warning. Nothing else. Why should I have confidence in you now.
You are running the LARGEST newer generation IPO THAT HASN'T SCAMMED at some of the lowest guaranteed rates.
To be put into that position you should have proven yourself first.
BIG RESPONSIBILITY
|
Atima
Minmatar House of Marbles
|
Posted - 2009.01.24 23:34:00 -
[207]
Originally by: cosmoray Edited by: cosmoray on 24/01/2009 23:20:54 Sorry if you thought I implied you were a scammer. This is not the case, I may have worded it wrong.
My entire problem with the IPO is that a person with relatively little reputation expanded to a HUGE IPO within 1 month of launch.
You had no time to show that you could run the business successfully, show that burnout wasn't an issue, deliver promised returns on time, show good reports.
So far you have given mini-trading updates, and basically a profits warning. Nothing else. Why should I have confidence in you now.
You are running the LARGEST newer generation IPO THAT HASN'T SCAMMED at some of the lowest guaranteed rates.
To be put into that position you should have proven yourself first.
BIG RESPONSIBILITY
Yes it is a big responsibility, one that I intend to live up to. To me this is more than I could have ever wanted, I want to prove my self against all odds.
As for my reputation, in the MD forum it may be small, but this is as all reputations start out.
In the past I have ran a successful Lowsec POS project and also a market manipulation project, both funded by private investors. I'm aware that this does not count for much here however I am confident in my own abilities.
Also as for the profits warning, I am not here to sugar coat it for investors, I am trying to be as clear as I can.
And as for the low minimum returns, from a risk/return point of view, the risk is significantly lower due to the significant amount of security. The predicted returns however are higher than many other projects out there.
|
Kazuo Ishiguro
House of Marbles Zzz
|
Posted - 2009.01.25 10:16:00 -
[208]
Originally by: cosmoray This is why I don't like fast expansions. I like to see if the manager is competent to run the business before they get additional funding.
If you only have 1 carrier BPO, most of your component BPOs will be unused for most of the time, dragging down your ROI. It's certainly a large expansion, but it's been quite carefully planned.
Quote: Moving forward with new IPO's I will also want to see the auditor and the person securing the assets be different people in light of evn7298 & Xabier.
If I told you I only had 1 account, would you believe me? |
Astarte Nosferatu
Abrivianius Manufacturing Corporation
|
Posted - 2009.01.25 10:26:00 -
[209]
Originally by: Atima No. I am offering to buy back at 100% due to recent events.
115% will be available in around two months time, however only in amounts that i can continue to keep this venture going.
Sold my 25 shares at 15mil isk/share. So I got the 10mil div for this month, and 50% profit reselling the shares. Not to shabby I would say . |
Ricdic
Caldari
|
Posted - 2009.01.25 11:24:00 -
[210]
Originally by: cosmoray BIG RESPONSIBILITY
Some people are driven by this, not saying any names |
|
|
|
|
Pages: 1 2 3 4 5 6 [7] 8 9 10 11 12 .. 12 :: one page |
First page | Previous page | Next page | Last page |