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The Bitter Sea Trading Company - Part II.

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Keyser Kahn Stellar-Parallax Corp	Posted - 2009.05.24 22:37:00 - [31] Edited by: Keyser Kahn on 24/05/2009 22:41:49 Posting to confirm the purchase of 100 shares in TBSTC - Monies sent and shares received. Thanks Kou and as ever - good luck Edited to add: Have purchased an additional 90 shares in TBSTC brining total to 190 - Monies sent and shares received.
Thoraemond Minmatar Far Ranger	Posted - 2009.05.24 23:52:00 - [32] Originally by: Kouryusei Shares The organization cannot forcibly buy back your shares at any time, nor does it limit the buyback value of your shares to a certain percentage. The value of a share changes on a day to day basis, and you are free to trade them as you see fit. However, prior to trading a share; please contact the corporation. This is solely for our records. If you are interested in selling your shares back to the corporation at fair market value, then you can contact myself or Eiroze. We will never decline anyone who wishes to sell their shares back. How will this 'fair market value' be assessed?
Maxwell Terallis	Posted - 2009.05.25 00:31:00 - [33] Edited by: Maxwell Terallis on 25/05/2009 00:31:47 Realizing there are no more shares remaining for this corporation. Editing my post as such.
Caleb Ayrania Gallente TarNec Sex Drugs And Rock'N'Roll	Posted - 2009.05.25 01:48:00 - [34] Just a small end note.. Considering how fast these IPOs seem to sell out, I think there is two things to consider.. 1. Prices are wrong? 2. Interest in the secondary markets, and willingness to take big risks are mature for a lot more activity. Which brings me to think we desperately need ebank exchange to launch.. And we need more services and some promotion of meta-gaming.. To the masses.. - Money is Love - Sometimes it just gets bend the wrong ways. Feed your Brain: Innovation Thread
Varo Jan Minmatar	Posted - 2009.05.28 17:51:00 - [35] Originally by: Kouryusei Edited by: Kouryusei on 23/05/2009 20:03:52 - Share listing. All currently available shares are now either sold out or reserved. Share listing, please.
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.05.31 08:50:00 - [36] yea more information is needed.. how did the vote go about regarding the dividend, and if so. what where the votes, because i know what i voted, and i should have some influence on what the outcome should be, i also heard from other investors what they voted and tbh, something doesnt ad up! Quote: "Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed"
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.05.31 11:54:00 - [37] Current Shareholders. Companion Qube: 1. Eiroze: 50. Festidious Verrucas: 200. Keyser Kahn: 190. Kharse: 200. KirikaPhoenix: 350. Kouryusei: 451. Lecherito: 101. Miranda Zoar: 10. mynnna: 1. Professor Leech: 5. Savaran Zhayedan Spah: 100. Tash-Murkon Prime Industries: 640. Teavan: 100. thebarry: 1. Varo Jan: 100. -- The dividend vote went as follows. Yes (Postpone): 74.4%. No (Do Not Postpone): 25.6%. -- Ji, I'm not sure how it doesn't add up for you; you are able to influence 25.6% of the votes. Perhaps some people voted incorrectly, which isn't under my control. ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.05.31 13:54:00 - [38] thanks for sharing that :D i stand corrected it seems :D Quote: "Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed"
Varo Jan Minmatar	Posted - 2009.05.31 16:15:00 - [39] Originally by: Kouryusei Current Shareholders. Companion Qube: 1. Eiroze: 50. Festidious Verrucas: 200. Keyser Kahn: 190. Kharse: 200. KirikaPhoenix: 350. Kouryusei: 451. Lecherito: 101. Miranda Zoar: 10. mynnna: 1. Professor Leech: 5. Savaran Zhayedan Spah: 100. Tash-Murkon Prime Industries: 640. Teavan: 100. thebarry: 1. Varo Jan: 100. -- The dividend vote went as follows. Yes (Postpone): 74.4%. No (Do Not Postpone): 25.6%. -- Ji, I'm not sure how it doesn't add up for you; you are able to influence 25.6% of the votes. Perhaps some people voted incorrectly, which isn't under my control. I voted no. Lecherito wasn¦t around to vote. You claimed in an EVE mail that you had voted no: Quote: 2009.05.27 16:37 Hello, Following up on the recently proposed vote, I would like to state I am personally against postponing. More then one shareholder has come to me suggesting such a move however, so I thought I would put it to a majority vote. I however, have personally voted no. :) - Kou. So no, the numbers do not add up. What was the point of the 1 ISK total dividend to shareholders on 27 May? What profits did Bitter Sea generate in May? What¦s the ROI since incorporation? Finally, if corp shares amount to 2500, why does corp information in-game only show 1500 shares? Did Brock verify that the unanimous vote to increase shares from 1000 to 2500 was actioned?
ingenting 20th Legion Sodalitas XX	Posted - 2009.05.31 17:02:00 - [40] Quote: if corp shares amount to 2500, why does corp information in-game only show 1500 shares? Because it's bugged. _________________ - "Welcome to EVE, remember to insu BAAOOM... Told you, newb."
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.05.31 17:11:00 - [41] Originally by: Varo Jan Originally by: Kouryusei Current Shareholders. Companion Qube: 1. Eiroze: 50. Festidious Verrucas: 200. Keyser Kahn: 190. Kharse: 200. KirikaPhoenix: 350. Kouryusei: 451. Lecherito: 101. Miranda Zoar: 10. mynnna: 1. Professor Leech: 5. Savaran Zhayedan Spah: 100. Tash-Murkon Prime Industries: 640. Teavan: 100. thebarry: 1. Varo Jan: 100. -- The dividend vote went as follows. Yes (Postpone): 74.4%. No (Do Not Postpone): 25.6%. -- Ji, I'm not sure how it doesn't add up for you; you are able to influence 25.6% of the votes. Perhaps some people voted incorrectly, which isn't under my control. I voted no. Lecherito wasn¦t around to vote. You claimed in an EVE mail that you had voted no: Quote: 2009.05.27 16:37 Hello, Following up on the recently proposed vote, I would like to state I am personally against postponing. More then one shareholder has come to me suggesting such a move however, so I thought I would put it to a majority vote. I however, have personally voted no. :) - Kou. So no, the numbers do not add up. What was the point of the 1 ISK total dividend to shareholders on 27 May? What profits did Bitter Sea generate in May? What¦s the ROI since incorporation? Finally, if corp shares amount to 2500, why does corp information in-game only show 1500 shares? Did Brock verify that the unanimous vote to increase shares from 1000 to 2500 was actioned? 1) That was me testing how the dividend system worked. 2 + 3) You can wait for the monthly report in order to see these figures. I will not be making them available prematurely. 4) As stated in the post above mine, it is a well known fact that the share total displayed is bugged. As it stands, it seems that you are unhappy with your investment. If you would like a refund on your shares, please send me an in-game mail; I have plenty of people who would be more then happy to take them up. :) Whilst I stated I had voted no, I had not yet voted and was intending to do so as a "no". After further thought, I decided against this and voted "yes". The vote to postpone the dividend until a full month had passed was shown as successful by the in-game corporation voting utility, and that is the decision I will be following. I will not be answering any more questions on this matter, as I consider the matter closed. If you wish to reclaim your money, then send me an in-game mail. ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.05.31 17:14:00 - [42] http://img200.imageshack.us/img200/1716/dividend.jpg http://img268.imageshack.us/img268/624/shares.jpg ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.05.31 18:33:00 - [43] thank you for taking the time to explain this. no need to get defensive. :D Quote: "Lecherito on Market Discussion: Though I have to go down on the record as saying that I'm convinced the majority of the MD community is ******ed"
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.05.31 20:07:00 - [44] Originally by: Ji Sama thank you for taking the time to explain this. no need to get defensive. :D Sorry, was in a bit of a hurry; didn't mean to appear defensive. :) ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Varo Jan Minmatar	Posted - 2009.06.02 11:11:00 - [45] Originally by: ingenting Quote: if corp shares amount to 2500, why does corp information in-game only show 1500 shares? Because it's bugged. Thank you. I wasn¦t aware of that. Do you know if the voting process is bugged too?
Varo Jan Minmatar	Posted - 2009.06.02 11:49:00 - [46] Originally by: Kouryusei I however, have personally voted no. :) Quote: Whilst I stated I had voted no, I had not yet voted and was intending to do so as a "no". Hu? English is your mother tongue, isn¦t it? "I have voted no... but on second thoughts I hadn¦t really, I only said so cause..." In other words you lied. Quote: What profits did Bitter Sea generate in May? What¦s the ROI since incorporation? You can wait for the monthly report in order to see these figures. I will not be making them available prematurely. Prematurely? It¦s June now. Your wife is a financial expert, no? It should take her no time at all to run your numbers for part-May. Or do you intend to postpone reporting on the May results as well as dubiously postponing paying people? Quote: The vote to postpone the dividend until a full month had passed was shown as successful by the in-game corporation voting utility, and that is the decision I will be following. Ji Sama and I voted against. Lecherito and Kharse were away. Do the maths. The numbers do not add up. Tell you what, ask CCP to check it. Quote: I will not be answering any more questions on this matter, as I consider the matter closed. Oh no, it doesn¦t work that way, mate. You took money from the public, so you have a duty to respond in public. Throwing a petulant fit doesn¦t cut it. Quote: As it stands, it seems that you are unhappy with your investment. If you would like a refund on your shares, please send me an in-game mail; I have plenty of people who would be more then happy to take them up. :) I¦m unhappy with your lack of professionalism, performance and your attitude. Just reverse the transaction - send me my money, and I¦ll return your shares.
ingenting 20th Legion Sodalitas XX	Posted - 2009.06.02 14:37:00 - [47] Originally by: Varo Jan Originally by: ingenting Quote: if corp shares amount to 2500, why does corp information in-game only show 1500 shares? Because it's bugged. Thank you. I wasn¦t aware of that. Do you know if the voting process is bugged too? It's not AFAIK. But you can apply a vote to create more shares twice (epic fail bug thats been around for years...). _________________ - "Welcome to EVE, remember to insu BAAOOM... Told you, newb."
glas mir Reaction Scientific	Posted - 2009.06.02 14:52:00 - [48] Originally by: Varo Jan I¦m unhappy with your lack of professionalism, performance and your attitude. Just reverse the transaction - send me my money, and I¦ll return your shares. I would buy those shares at 1M per.
glas mir Reaction Scientific	Posted - 2009.06.02 17:45:00 - [49] buying varo's shares. 100M isk sent.
Varo Jan Minmatar	Posted - 2009.06.02 19:34:00 - [50] Originally by: glas mir buying varo's shares. 100M isk sent. Confirming money received from and shares sent to glas mir.
Dzil Caldari Waffles Reloaded	Posted - 2009.06.02 19:42:00 - [51] I think all shares are now spoken for, but I'll put a bid down for 200 shares (200m) if anyone else is upset by this recent result. I should be online somewhere in the 0:00 - 2:00 eve time, assuming our servers stay up. EVEmail is preferred. -Dzil ------------------------------ In EVE, when someone undercuts you, they're a lemming. When you undercut someone else, it's skill/effort/manipulation.
glas mir Reaction Scientific	Posted - 2009.06.02 21:22:00 - [52] Originally by: Varo Jan Confirming money received from and shares sent to glas mir. confirming shares received, thanks.
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.06.03 14:28:00 - [53] [ Post reserved for May report. ] ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.06.05 11:03:00 - [54] Originally by: Kouryusei [ Post reserved for May report. ] The report has been delayed as my wife has gone into early labour, I won't be around for a couple of days (just popping on for an hour to update orders). As a quick calculation though, based on the initial 2.5B capital; the total of all assets, liquid funds, e.t.c has shown roughly a 29% growth since the completion of this round of funding. I will be issuing another vote in-game once I get back, as some people seem to think that the voting system is bugged. If people wish for the May dividend to be paid and not rolled over into the next dividend, you've got another shot. :) - Kou. o/ ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Marcus Baltar	Posted - 2009.06.05 12:10:00 - [55] Originally by: Kouryusei Originally by: Kouryusei [ Post reserved for May report. ] The report has been delayed as my wife has gone into early labour, I won't be around for a couple of days (just popping on for an hour to update orders). As a quick calculation though, based on the initial 2.5B capital; the total of all assets, liquid funds, e.t.c has shown roughly a 29% growth since the completion of this round of funding. I will be issuing another vote in-game once I get back, as some people seem to think that the voting system is bugged. If people wish for the May dividend to be paid and not rolled over into the next dividend, you've got another shot. :) - Kou. o/ Think we have been here with the potentially buggy voting system, just cannot find the thread ATM (anyone help?). Think it occurs in "free votes" but the system votes work okay. Put a "void/abstain" as the first choice (the default?), then a clearly defined choice for "delay" or "payout" as the next two choices. Long time since I created a vote, so not sure if this will work.
cosmoray Cosmoray Construction	Posted - 2009.06.06 09:08:00 - [56] Originally by: Kouryusei Originally by: Kouryusei [ Post reserved for May report. ] The report has been delayed as my wife has gone into early labour, I won't be around for a couple of days (just popping on for an hour to update orders). As a quick calculation though, based on the initial 2.5B capital; the total of all assets, liquid funds, e.t.c has shown roughly a 29% growth since the completion of this round of funding. I will be issuing another vote in-game once I get back, as some people seem to think that the voting system is bugged. If people wish for the May dividend to be paid and not rolled over into the next dividend, you've got another shot. :) - Kou. o/ In your original IPO thread you stated that 40% of profits would be paid out individends every motnh. Why suddenly do investors have to vote to get any dividends at all? This is TOTALLY against your business plan. You also stated that you would purchase any shares back at market value and wouldn't turn anyone down. According to your calculations above the value has invreased by 29%. If I was an investor I would cash the shares for the 29% value increase. If the OP doesn't buy them back, and isn't paying dividends then this is definately a SCAM.
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.06.06 09:25:00 - [57] changing the BP was a bad idea imo, also the reason i voted against it.. :(
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.06.06 13:48:00 - [58] Edited by: Kouryusei on 06/06/2009 13:51:04 After speaking with a couple of investors in-game, it does indeed seem that the voting system has bugged. As a result, dividend will be paid shortly. Edit: Dividend now paid. ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.06.06 13:53:00 - [59] Originally by: Kouryusei Edited by: Kouryusei on 06/06/2009 13:51:04 After speaking with a couple of investors in-game, it does indeed seem that the voting system has bugged. As a result, dividend will be paid shortly. Edit: Dividend now paid. Dividend of 290M has been paid. This is calculated as 40% of 725M (29% growth). ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.
Kouryusei Caldari The Bitter Sea Trading Company	Posted - 2009.06.06 13:54:00 - [60] Originally by: cosmoray Originally by: Kouryusei Originally by: Kouryusei [ Post reserved for May report. ] The report has been delayed as my wife has gone into early labour, I won't be around for a couple of days (just popping on for an hour to update orders). As a quick calculation though, based on the initial 2.5B capital; the total of all assets, liquid funds, e.t.c has shown roughly a 29% growth since the completion of this round of funding. I will be issuing another vote in-game once I get back, as some people seem to think that the voting system is bugged. If people wish for the May dividend to be paid and not rolled over into the next dividend, you've got another shot. :) - Kou. o/ In your original IPO thread you stated that 40% of profits would be paid out individends every motnh. Why suddenly do investors have to vote to get any dividends at all? This is TOTALLY against your business plan. You also stated that you would purchase any shares back at market value and wouldn't turn anyone down. According to your calculations above the value has invreased by 29%. If I was an investor I would cash the shares for the 29% value increase. If the OP doesn't buy them back, and isn't paying dividends then this is definately a SCAM. I haven't refused to purchase any shares back, and I never refused to pay dividends - I checked to see if people would rather have a larger initial dividend payment (as opposed to a partial month); it did not bother me at the end of the day either way. :) Dividend has now been paid, and I'll check my evemail later for any concerns. ----- eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>.

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