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Lecherito
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Posted - 2009.05.20 23:05:00 -
[1]
Edited by: Lecherito on 20/05/2009 23:06:11
As many of you might now realize, the EWG extravaganza was brought to a sudden halt after LRN/AP/YGR requested that the thread be locked. For LRN's own peace of mind, I reckon this is a good thing. There is, however, the small matter of the 30+ billion of public money with which he is still currently frolicking to his heart's content! My goals for this thread are as follows:
1.) I would like confirmation that he is indeed a scammer, so that we can all arrive at closure to this less than pleasant eppisode.
2.) I would like to explore the history of LRN, so that we may be able to avoid scams of this nature in the future.
3.) Mayhaps a discussion on mechanisms through which we can hopefully improve the level of security pertaining to the secondary market. Obviously, this clown should never have been given such a quantity of ISK. What can we do, as investors, to ensure that this does not happen again.
Thank you for reading.
-L
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Internet Troll
THE INTERNET IS SERIOUS BUSINESS
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Posted - 2009.05.20 23:07:00 -
[2]
I OWNZ SHARES IN TIS IPO
 Quote:
Do Not Feed the Trolls.
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Ricdics
Tleilex Developments
Mostly Harmless
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Posted - 2009.05.20 23:22:00 -
[3]
This forum war you two have going may be cute but it is not constructive. I am in half a mind to report your post and request the topic be moved to C&P |
Lecherito
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Posted - 2009.05.20 23:26:00 -
[4]
Forum war? I am worried about my *investments* made in the *bonds* he issued. I deem that that is more than appropriate for the MD forum, yes? Indeed, a new thread would not be necessary had he not requested the other thread, where we were more than happily discussing the matter, closed. Any other concern, ricdic?
-L
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Frenden Dax
Dax Acquisitions
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Posted - 2009.05.20 23:34:00 -
[5]
Originally by: Lecherito
Forum war? I am worried about my *investments* made in the *bonds* he issued. I deem that that is more than appropriate for the MD forum, yes? Indeed, a new thread would not be necessary had he not requested the other thread, where we were more than happily discussing the matter, closed. Any other concern, ricdic?
-L
I am an investor as well Lech, for a larger amount than yours; I am not worried (now) since LRN posted that the investment was still on-track, albeit with dividends reduced by 1%. But let's pretend that we know he plans to scam. What will creating walls of text and spamming threads on the forum do to stop this? I'll help you out: nothing. Whatever vendetta you have against him, please keep it in-game with mails and convos.
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Azerath
Brotherhood of Suicidal Priests
KIA Alliance
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Posted - 2009.05.20 23:35:00 -
[6]
Has he actually publicly admitted this is a scam? Has anyone any hard proof of it?
I hate to say it, but the more people push LRN into "oh this is a scam" the more that option will become and easy choice for him. I scimmed through the 5 pages quickly and most of what I saw was people jumping to this scam conclusion.
First off; his earlier ventures were successful with dividend payments and buyback were they not?
Even his newest ipo that I have invested in paid dividends last month, pretty bad scam if you've already started giving the money back.
maybe I'm missing a big point here, but I've got people opening convo with me for votes and wanting to buy my shares for half price, so I'm abit confused whois really scamming. Would be nice to here it straight from LRN, cause so far financially, I have no reason to believe he has, or will scam, anything. If he didn't raise the capital he wanted, or lost his love for the game, then let's liquidate and call it a day. If you lose passion for the game, or can't meet goals, then cash out, I don't consider that a scam...
On the other hand I could be completely missing something from a few threads, Kind of hard to fight Kenny blobs and read/type at once, speaking of which, titan JB is up, gotta go!
Just my ipo shares worth...
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Kazzac Elentria
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Posted - 2009.05.20 23:47:00 -
[7]
My god, what will it take to shut you up?
YGR, let someone take a quick look over your API real fast and make everyone here shut the hell up for you. |
Lecherito
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Posted - 2009.05.20 23:47:00 -
[8]
Originally by: Azerath
Would be nice to here it straight from LRN,
Yeah, that wouldn't be nice, wouldn't it? Unfortunately LRN has been *anything* but transparent these past two days. You reckon the first instinct of an honest businessman accused of scamming would be to deny the accusations, correct? Not only has he failed to do this, he has actually threatened investors with violence.
And honestly, walls of texts? If you can't be bothered to read an informative, well-thought out structure of paragraphs, why are you on the forums in the first place? Do you not find that contradictory in the slightest?
I really don't care that much about my 300m invested. I lose it, whatever, tomorrow morning I work for free. What I do care about is what it represents. Here is a clown running around with more money than most of EvE players will ever see in their lives, money invested by the public in good faith that the venture would yield profits. LRN has conducted himself as the antithesis of a good businessman in every situation possible. Yet for some reason, this is perfectly acceptable as long to investors as long as they see their little 3% return per month.
*That* is what I find unsettling, *that* is what I find to be wrong with the MD community in general, and after he threatened to blow my ships up "one by one," I decided that enough was enough. That is a personal decision, and some of those among you have chosen to disagree. According to the most recent thread, again locked by his own request, however, there exist a decent amount of investors who agree with what I am saying. Oh, sorry for this wall o' text.
-L
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Professor Leech
Transmetropolitan
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Posted - 2009.05.20 23:58:00 -
[9]
Despite loving this drama (as it's keeping me amused).
Given the corp vote 0% issue (often corp votes are delayed, very frustrating for war decs), and that YGR/LRN has only become aware of the actual vote results give him a chance.
He will need to think through what he is doing. Given that LRN is proposing to carry on with reduced dividend would the vote have turned out the same?
Does it matter if you no longer have shares?
Originally by: Crawe DeRaven
this thread is obviously going places
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Athre
Minmatar
The Higher Standard
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Posted - 2009.05.21 00:20:00 -
[10]
Originally by: Lecherito
Edited by: Lecherito on 20/05/2009 23:06:11
1.) I would like confirmation that he is indeed a scammer, so that we can all arrive at closure to this less than pleasant eppisode.
-L
I would like you to quit egging him on. Your barrage could be considered harassment and to that end I'm glad he had the thread stopped. Having read posts by LRN for more than a year, I believe if he sets his mind to do something great he well can. Or he can enjoy being a troll as he likes to from time to time. All depends on the day :)
Thus far I've not seen him give any intent of false doing, but I've seen you day in and day out going after him.
Would you please just leave it with registering your perspective and if the time ever comes , then you can say your I told you so's, till then shut it please.
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brutoid
Caldari
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Posted - 2009.05.21 00:24:00 -
[11]
Originally by: Lecherito
and after he threatened to blow my ships up "one by one," I decided that enough was enough.
OH NOES! 
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Lecherito
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Posted - 2009.05.21 00:25:00 -
[12]
Athre, would you be interested in buying my shares? only 289 left. 1 mil each.
-L
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Athre
Minmatar
The Higher Standard
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Posted - 2009.05.21 00:32:00 -
[13]
If I were not so liquid poor I would increase my 200 shares to 300. I'm currently paying of my T2 drone loan and one of my investments is due to liquidate EOM. If LRN is continuing and you are still selling on the 1st, give send me an evemail.
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Kwint Sommer
Caldari
XERCORE
Cult of War
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Posted - 2009.05.21 00:47:00 -
[14]
I'm really quite conflicted. On the one hand I can't believe there's so little outrage from investors. On the other, this sort of thing is par for the course for YouGotRipped and people knew that going in. Hence I'm simultaneously annoyed that he's being let off so easily and yet almost annoyed enough at the *****ing to report this thread.
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Professor Leech
Transmetropolitan
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Posted - 2009.05.21 00:52:00 -
[15]
Originally by: Kwint Sommer
I'm really quite conflicted. On the one hand I can't believe there's so little outrage from investors. On the other, this sort of thing is par for the course for YouGotRipped and people knew that going in. Hence I'm simultaneously annoyed that he's being let off so easily and yet almost annoyed enough at the *****ing to report this thread.
You mean the trolling that enraged YGR to the point that he got his thread locked is being let off easily?
Also, how much *****ing can go on when people are aware of his background?
Originally by: Crawe DeRaven
this thread is obviously going places
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YouGotRipped
Ewigkeit
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Posted - 2009.05.21 00:52:00 -
[16]
Originally by: Kwint Sommer
I'm really quite conflicted. On the one hand I can't believe there's so little outrage from investors. On the other, this sort of thing is par for the course for YouGotRipped and people knew that going in. Hence I'm simultaneously annoyed that he's being let off so easily and yet almost annoyed enough at the *****ing to report this thread.
hahah 
Black Sun Empire |
Krathos Morpheus
Gallente
Legion Infernal
Wildly Inappropriate.
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Posted - 2009.05.21 01:19:00 -
[17]
To ppl defending YGR, I'd say he has all the fault and I suppose he doesn't mind or even enjoy it. All of this is created by him not answering what he should, so I don't know what reasons could you have to defend him.
To ppl accusing YGR, he has not crossed the last line yet (not enough time from the vote results). You can think it is a scam, but you can't prove it yet, so you should stop saying this is it like it was proved. You can talk all day about his missinformation, his poor management of the situation and him being a clown, but you can't be sure he scammed yet.
I want to know what will happen, but I suppose this is like training a long skill, you only can let the time pass by until it is trained, desires don't change the timeline.
EVE Knowledge
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Amarr Citizen 155
Alternative Methods Research Group
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Posted - 2009.05.21 03:02:00 -
[18]
Convo me in-game if you wish to sell any of your shares.
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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Mme Pinkerton
Caldari
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Posted - 2009.05.21 05:55:00 -
[19]
Edited by: Mme Pinkerton on 21/05/2009 05:55:48
Originally by: Lecherito
and after he threatened to blow my ships up "one by one," I decided that enough was enough.
He threatened to blow your characters up one by one - not quite the same =)
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Vaerah Vahrokha
Minmatar
Dark-Rising
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Posted - 2009.05.21 06:49:00 -
[20]
Imho you should stop on the guy bashing, because
http://wiki.eveonline.com/w/index.php?title=Forum_Rules
23. Reopening a locked thread by creating a new one is not allowed.
Recreating or reopening a thread that has been closed by a moderator is prohibited. Threads that have been closed by a moderator have been closed for the benefit of the community. Reopening a locked thread will result in its removal.
This new thread is really a prosecution or "reopening" where the locked thread ended.
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Brock Nelson
Caldari
Flux Technologies Inc
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Posted - 2009.05.21 07:16:00 -
[21]
Maybe but the last thread was locked by OP's request, not by CCP's discretion.
Blueprint Store |
Rimmer 56
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Posted - 2009.05.21 08:01:00 -
[22]
Originally by: Lecherito
he has actually threatened investors with violence.
Actually, he's threatened you with violence. You just happen to be an investor.
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LaVista Vista
Conservative Shenanigans Party
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Posted - 2009.05.21 08:10:00 -
[23]
Originally by: Vaerah Vahrokha
Imho you should stop on the guy bashing, because
http://wiki.eveonline.com/w/index.php?title=Forum_Rules
23. Reopening a locked thread by creating a new one is not allowed.
Recreating or reopening a thread that has been closed by a moderator is prohibited. Threads that have been closed by a moderator have been closed for the benefit of the community. Reopening a locked thread will result in its removal.
This new thread is really a prosecution or "reopening" where the locked thread ended.
The other thread was a refinancing thread.
This is an "is YGR a scammer" thread.
Large difference, imo.
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Ji Sama
Caldari
Tash-Murkon Prime Industries
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Posted - 2009.05.21 08:43:00 -
[24]
While i agree that Lecherito has put some zeal into this whole thing with LRN/YGR.
I cannot see why he should be the one taking the flak...
Lets say any other IPO/Bond owner decided to do what LRN/YGR just did, there would be a massive cry out.
Threatening investors.
Overruling majority votes.
Asking investors if they want him to scam.
Lowering interest without investor consent!
Then we ofcourse have all the other things, that we have come to expect from YGR.
Though locking his own bond thread was the thing that made all of this EPIC.
Quote:
The SCC-LOUNGE is now offering Secure Commerce Services @ www.scc-lounge.wordpress.com
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Ryoko Yoshida
Amarr
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Posted - 2009.05.21 09:10:00 -
[25]
ITT: Potential Scammer brews ****storm amongst old money butthurt armchair Economists. Lulz Ensue.
I respect many of the old money in this thread, but Lecherito is turning this into a thinly vieled 'WAAAAAAH HE SAID BAD THINGS COS I CALLED HIM A DOO DOO HEAD' harrasment thread.
I suggest that we wait and see if YGR is a scammeer, he isn't free of my disdain for his lack of professionalism, but it seems that you guys with your usual emorage I INVESTED IN SOMETHING WITHOUT SECURITIES are just trying to back someone who shows signs of trying to recoup loss/deliver on promises, into a corner.
Face it, the secondary market is dead, ***** at CCP till you get something to assist with it, or writte off your investments as a gamble. ALl this wannabe stockbroker/buyer BAWWING isnt funny anymore. Write it off as a loss.
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This is where my sig is meant to begin... |
Ji Sama
Caldari
Tash-Murkon Prime Industries
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Posted - 2009.05.21 09:13:00 -
[26]
Fair point ^^
Quote:
The SCC-LOUNGE is now offering Secure Commerce Services @ www.scc-lounge.wordpress.com
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cosmoray
Cosmoray Construction
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Posted - 2009.05.21 10:30:00 -
[27]
If anyone thinks they have been scammed and will lose their cash I will happily purchase their shares at 10% face value (if you want to get something back).
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Krathos Morpheus
Gallente
Legion Infernal
Wildly Inappropriate.
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Posted - 2009.05.21 10:41:00 -
[28]
Originally by: cosmoray
If anyone thinks they have been scammed and will lose their cash I will happily purchase their shares at 10% face value (if you want to get something back).
How Generous! I would take the risk at 10% too. lol
EVE Knowledge
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Ricdics
Tleilex Developments
Mostly Harmless
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Posted - 2009.05.21 11:18:00 -
[29]
Originally by: Kwint Sommer
I'm really quite conflicted. On the one hand I can't believe there's so little outrage from investors. On the other, this sort of thing is par for the course for YouGotRipped and people knew that going in.
Exactly. Anyone annoyed that YGR might be scamming needs their head checked. It was pretty obvious from the onset of every one of his bonds that scam was a very real risk. Knowing that, people have their own choice to make. They weigh up the pros and cons and make an informed decision. Someone shouldn't be telling a scammer off for scamming, they should be telling themselves off for investing and then complaining when one of the riskiest investments folds.
When I chose to invest, I expected it quite likely that the funds were gone. Whilst YGR has a fiery presence on MD when he is in one of his moods, otherwise his dividends etc are solid. Anyone knowing YGR knows he loves stirring up trouble, drama actually fuels him. So every time the OP posts, YGR feels better inside, and more compelled to continue the drama with another off-the-cuff remark.
The OP hasn't yet realised this after his 20th? post explaining how YGR is a scammer when thus far YGR hasn't taken a dime. Even if he is, as above, why would you have invested? Do we need to be told by you 20 more times that you think he is a scammer? |
Lecherito
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Posted - 2009.05.21 11:31:00 -
[30]
Mate Ricdic,
You have been around a long time, seen a lot of things happen. I respect that. But seriously, scroll the **** up. #1 on my list is to seek confirmation as to whether or not he is a scammer. He could *easily* have posted two days ago, reassuring us that things are well. He has chosen not to do that. For whatever his reason, he has chosen to maintain this situation.
Yet you blame me for voicing opinions that are easily substantiated and shared by many. That's unreal. After this is sorted, my MD presence will change. I will speak haphazardly and with ****e grammar. I will include the obligatory "go back to wow" slogan in every one of my posts, nay, in my signature. I will respond to each and every post involving more than a sentence or a word I don't understand with "tl;dr". Maybe that will appease the critics, yah? Nah, we both know that isn't true.
-L
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