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RothimusPrime Honored By Death	Posted - 2009.06.19 18:31:00 - [1] EVE Wealth Management Mutual Fund Issue No. 1 July 1, 2009 Ticker: EWMX http://sites.google.com/site/evewealth ò Section 1 - Summary of EVE Wealth Management ò Section 2 û Personal Background ò Section 3 - Corporate Governance ò Section 4 - The Business Plan ò Section 5 - Statement of Assets ò Section 6 - Full Disclosure of Risks ò Section 7 - Full Disclosure of Main and Alts ò Section 8 - Exit Strategy / Buyback ò Section 9 - Offering Details, Dividends, Return ò Section 10 û Audit / Collateral ò Section 11 û Website ò Section 12 û Future Offers/Expansion ò Section 13 û FAQ Section 1 - Summary of EVE Wealth Management EVE Wealth Management is a Corporation whose sole purpose is to provide a steady and respectable investment option for those interested in investment opportunities. Although the Corporation is new, this is only in order to provide a separate entity for this offering. In order to make sure all incoming and outgoing funds are solely used for the purpose of the investment offered, it is necessary to have all activity related to this investment go through a character and Corp with zero unrelated activity. If you choose to invest, you will receive shares of this Corp. Though I am soliciting this investment product on my main, the Corp and investment will be run/handled by my alt: Bankimus -- who is the sole member as well as the CEO & Founder of EVE Wealth Management. Section 2 û Personal Background I am a fairly new player in the eyes of the EVE community. I have been playing for just over 6 months now and running my Corp as CEO for about 2 months. I founded Honored By Death Corporation and have grown it to 21 members and approximately 2 billion in assets. I handle finance, investments, and trading for my Corp. We are currently in the process of manufacturing, trading, and mining towards the ultimate goal of a POS in 0.0, however this is several months to a year away for us. I am also the Director of an FPS clan, Honored By Death aka HBD. We began this clan with roughly 10 true members about 3 years ago. Initially we were solely Battlefield 2 oriented, however have grown to include Call of Duty and we have now incorporated an EVE division. HBD now has 150 members and generates over $550 in monthly monetary donations to keep our servers and forums running. http://www.hbd-gaming.com In real life, I work in the investments/finance industry and would enjoy running a venture such as the one outlined here. With my real world knowledge and experience, I feel that I can provide a solid investment product for the EVE community. Section 3 - Corporate Governance EVE Wealth Management has one member: Bankimus (Founder & CEO) There is no Corporate activity unrelated to this mutual fund. There are no other members and there is no intention of adding any. The sole purpose of this Corp is to provide a place to maintain anything/everything related to this investment and to ensure that nothing is mixed with my main character and Corp. There will be contracts/transfers from time to time between Bankimus and RothimusPrime due to the fact that RothimusPrime is able to transport larger volumes and this speeds up delivery and item movements.
RothimusPrime Honored By Death	Posted - 2009.06.19 18:32:00 - [2] Section 4 - The Business Plan The product/investment I am offering here is a mutual fund. It does not have an end date, it will not mature (buyback details below). What it will do is pay a monthly dividend of 5% to the share holders. Any profits above 5% will be my compensation as the investment manager. This mutual fund will have a diversified portfolio containing several different investments ranging from bonds and bank accounts to market trading, and potentially manufacturing in the future. While trading and manufacturing may not fall into the traditional sense of a mutual fund or an investment, it is necessary to generate and produce income through an alternative to investment holdings until at some point enough investments are held and producing high enough returns in order to pay share holders their dividends. Trading will be the primary source of funds to cover any potential shortfalls. More investments will be added to the portfolio as needed in order to maintain monthly returns. The purpose of this product is to allow an alternative investment that will hold several investments and different investment types in it, as well as allow a different option for those hesitant in investing their isk directly in other bonds, IPOs, and/or banks. This mutual fund will allow investors to be invested in several different ways, but through one single place therefore reducing ones overall risk against default or scam from any other investment. As well as earn a generally higher return than that of the majority of investment options available. The point is to reduce exposure to unnecessary risk. Should a held investment fail/default/scam, there will be enough diversification along with trading income in order absorb the loss and maintain the promised return of 5%. This will undoubtedly happen at some point and may reduce profit, however paying shareholder returns will be the first priority. Initial offering is for 2 billion isk. This is to allow for proper investing and to avoid any large or significant issues for the start of the mutual fund. More offerings may follow as the fund grows and is able to prove a steady return. Initial investment will be limited to a maximum of 200 million isk per investor which equals 20 shares. However smaller investments are fine. Dividends will be entitled to whoever owns the shares at the time of the monthly payment (last day of each month). The fund can be bought and sold by players on the open market. If an investor wishes to sell their shares, they may solicit buyersàor if someone is interested in purchasing shares they may solicit sellers. (For a 1% fee EVE Wealth Management will act as a broker for buying/selling shares outside of the offering) Additional shares in the Corp will be held by the investment manager: Bankimus All dividend payments will be paid directly to each investor in order to overcome the matter of un-issued shares receiving part of the payment. This means that, at this time, the Corporate Dividend payment function will not be used to pay the monthly return. On the first of each month, a balance sheet will be posted on the website. This will outline the current assets and liabilities. It will account for every dollar from July 1, 2009 and on. Including: profits, dividend payments, wallet balances, and investments held. It will show the net asset value of EVE Wealth Management on a monthly basis so that investors can track the growth of the mutual fund.
RothimusPrime Honored By Death	Posted - 2009.06.19 18:33:00 - [3] Section 5 - Statement of Assets As of the launch date July 1, 2009 EVE Wealth Management will have the following assets: (excluding any new investment opportunities that arise between now and the launch date) Bank Accts Dynasty Bank500 million isk EBANK 0.0 million isk InvestmentsQuantityInvested Trinity Corp IPO2,000 shares200,000,000 BSAC Corp Bonds10 bonds92,859,940 Reclamation Industries Bond10 bonds100,000,000 FreelancerÆs Inc Marketing Div100 shares210,000,000 Tai**e Kami Bond20 bonds20,000,000 CAIDS Bonds20 bonds200,000,000 Trading Approximately 500 million in sell orders will have been placed as of the launch date. Section 6 - Full Disclosure of Risks Primary risk involves the default or scam of the current investments held by EVE Wealth Management. Additionally, the risk of current holdings not paying dividends/interest on time. However, this is overcome by diversification which has already begun to be implemented. Unless everything fails at once, there will be no issues. Also, since I am basically matching the funds raised here, there is collateral to repay investors should disaster strike. Risk that trading may slow or halt due to price changes and demand in the market. This can be overcome with some research and altering of buy/sell orders on the part of the investment manager. Conflict of interest with Dynasty Bank as I am currently a salaried employee, however this can also be considered an asset. I do not see any true conflicts here that would raise any red flags or concerns. DBANK stands on its own reputation. Could use EBANK account for any reasons deemed necessary. DBANK will post to confirm deposits as well as disclose that they are not backing this offering and that this is a sole venture on my own accord. Section 7 - Full Disclosure of Main and Alts Main:RothimusPrime Alt: Bankimus û CEO of EVE Wealth Management Alt: DBANK RothimusPrime û employee of Dynasty Bank Section 8 - Exit Strategy / Buyback** EVE Wealth Management will offer buyback of shares on the 1st of every month beginning August 1st. Buybacks will be for 10% less than the purchase price (no pro rated dividends). Remember, you are also entitled to sell your shares to any willing buyer for any agreed upon price. Example 1 share = 10,000,000 1 month of dividends @ 5%= 500,000 Buyback after 1 month = 9,000,000 Therefore if you sold back 1 share to the Corp after 1 month, you would take a 500,000 isk loss. This is an investment, not a 1 month buy and sell. However, shares can be sold on the open market for any obtainable price via the MD forums or on the website. In addition, the buyback fee is waived after 6 months from the issue date (January 1, 2010). Buyback % is subject to change as needed with 2 weeks notice (never above 10%). EVE Wealth Management reserves the right to end this investment with 1 month notice. If this is enacted, all shares will be bought back for the full price paid along with any dividends due (% reduction on buyback will not be enforced in this situation).
RothimusPrime Honored By Death	Posted - 2009.06.19 18:35:00 - [4] Section 9 û Offering Details, Dividends, Return Total Number of Shares 200 Price Per Share 10,000,000 Max Investment Per Person 200 million / 20 shares Dividend Schedule Monthly Guaranteed Return per Dividend Payment (%) 5% Section 10 û Audit / Collateral Audit Prepared by Kazzac Elentria Audit is Complete. Results will be posted here. 20 shares are reserved for Kazzac as payment. Collateral I am willing to put up collateral, however I am not sure what I can offer. I was nearly 100% liquid when I began this venture, however a majority of those funds are now invested or being used for trading. Using isk as collateral is somewhat counter-intuitive and by locking down isk I would be prevented from acting on future income producing opportunities until it is released. Release of any collateral is also an issue b/c there is no end date, this is an ongoing investment. The secondary intention for having assets and funds already in place prior to launch is in order to pay back investors if the mutual fund is unable to perform, while the primary intention is to successfully launch this mutual fund. However, I can understand the concern with requiring collateral as I am unproven and it being my first offering. Requiring collateral would truly hinder this investment. Liquidity and ability to invest when needed is a crucial component to making this investment product work and able to provide the guaranteed return to investors. I am open to suggestions should collateral be deemed necessary. Section 11 û Website http://sites.google.com/site/evewealth The website will be used for the overall administration of this mutual fund. It will maintain the history of the offerings and dividends paid, track investors, provide monthly reports, and outline the current holdings of the fund. Though everything will be done on the website, I will also provide updates here on the MD forums as appropriate. Section 12 û Future Offers/Expansion Future offerings similar to the one outlined here may be offered. This is dependent upon the performance of this mutual fund as well as future demand. Some investors may be concerned that issuing additional shares may devalue the current holding. This should not be an issue due to the fact that any additional shares offered will be at the same or higher price. Therefore, share price will remain constant. It would be no different than if 400 shares for 4 billion was the current offer in this plan. In addition to the above, dependent upon the current situation shares may be bought back and a new offering announced. If this occurs, current share holders will be given the opportunity to invest in the new offer prior to opening for public bids.
RothimusPrime Honored By Death	Posted - 2009.06.19 18:36:00 - [5] Section 13 û FAQ 1) Why not just use your own funds for this since you have them and offer to cover if something goes wrong? The point is to produce and grow an investment so that all involved will profit. Though recently deemed clichT, I also want to build confidence with the EVE community so that I can maintain this investment product as well as allow for future shares to be sold. Takes money to make money. I would enjoy handling a venture like this. When playing EVE, I prefer to handle finances and search out investment opportunities. Why do you play EVE? PvP, Manufacturing, Leadership, Industrial, Pirating? I play for the business and investments, thatÆs what I enjoy. 2) Why are you only selling 2 billion worth of shares? I believe this can be a profitable venture for all involved, but want to establish the mutual fund prior proceeding on a larger scale. As well as being able to repay investors if for some reason the mutual fund is unable to perform. An additional 2 billion is enough to lay a solid foundation for the growth of the portfolio. 3) Why are you limiting the offering to 20 shares per client? This is my first attempt at any type of investment offering. The intent is to start slow, provide returns, and build confidence in this investment. By limiting investors to 20 shares, I am limiting risk to a max 200 million per investor, as well as beginning to build that confidence and trust with 10+ investors instead of a few. I have seen other offerings where 1 person buys up the entire offering or bids in an auction at a very low rate for the entire offeringàthen no one else is able to invest. I would rather several potential investors have the opportunity to invest and begin providing an investment for many rather than a few. While this may prevent larger investors from investing with this initial offering, I believe allowing more investors the opportunity to invest justifies the desired overall outcome. 4) Why believe in your new Corp and Bankimus? Bankimus is simply an extension of myself. I have dedicated my time to EVE skilling my main while using Bankimus for some limited activity. As for the Corp, it is new only because it is necessary to keep this mutual fund separate from my main and I needed to create it at some point. As we all know in EVE, there is no way to assure anyone other than with ones word and track record. I have the assets already in place to launch the mutual fund along with the investorÆs isk from the initial share selling. 5) I donÆt understand the 10% loss on the buyback? It is simply a penalty one would have to pay in order to leave the mutual fund (this is normal practice with certain types of RL mutual funds). This 10% reduction in buyback price will promote investors staying in the mutual fund. The main purpose of this is to ensure that there are sufficient funds in order to maintain the fundÆs portfolio. It will allow you to regain 90% of your investment (plus paid dividends) should you immediately need it or if something comes up. The buyback is enacted as an additional form of security for investors, to ensure returns are paid. Also there should be plenty of willing buyers once the mutual fund establishes that it is paying the target returns and honoring all terms outlined here. In addition, the buyback fee is waived after 6 months from the issue date (January 1, 2010). *Buyback % is subject to change as needed (never above 10%)
RothimusPrime Honored By Death	Posted - 2009.06.19 18:36:00 - [6] 6) Why are you doing this? It is my intention to offer steady, enjoyable, and profitable investment and experience for those who appreciate the chance to invest. I enjoy handling business and investments in game and in RL and will enjoy handling this mutual fund. Additionally, I believe that by using raised capital with proper investments and additional trading that I can produce returns greater than 5%. This would then be my way of profiting on this venture. Also, as I said when I am playing EVE I prefer to seek out investments and money making opportunitiesàas opposed to fighting, pirating, mining, missioning, etc. 7) How did you determine the 5% return and will you ever pay a return above 5%? I came to the decision to offer 5% for a several reasons, a few of which are: The most one can get and remain truly liquid while reasonably safe is 3%-3.25% through DBANK. EBANKÆs interest rates are next to nothing since you can no longer open a savings account. Most investments/bonds/IPOÆs offer from 2.5% to 4% with the occasional 6% and 8% returns. I feel that 5% is easily obtainable with my plan therefore desirable to those with idle isk. I donÆt believe this investment provides a high level of risk and therefore set the return at 5%. If anyone disagrees, please feel free to comment. Depending upon performance, returns above 5% may be possible. Questions, Comments, Concerns, Requests? Please keep replies constructive.
Bankimus EVE Wealth Management	Posted - 2009.06.19 18:37:00 - [7] I am the alt.
RothimusPrime Honored By Death	Posted - 2009.06.19 18:37:00 - [8] Reserved
HawkBlade Minmatar The Higher Standard Virtue of Selfishness	Posted - 2009.06.19 18:47:00 - [9] As an employee of dBank, how much in isk did you handle at any given time?
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.06.19 18:48:00 - [10] how do you justify so low returns? 5% of the ROI, on 2B thats not even worth it imo...
Gabriel Virtus hirr Morsus Mihi	Posted - 2009.06.19 18:54:00 - [11] Reserving 20 shares pending confirmation of satisfactory audit and dbank confirm. -GV
Kazzac Elentria	Posted - 2009.06.19 19:00:00 - [12] Audit Report for Bankimus aka RothimusPrime I was given full access to a single account consisting of three toons Bankimus 1.2m sp with the bulk in Trade RothimusPrime 6m sp with the bulk in Spaceship command, heavy industrial with training towards jump freight it appears DBANK RothimusPrime 50k sp throw away alt specific for Dbank There was only one oddity when researching the character histories, for instance reference this thread here http://www.eve-search.com/thread/1078578/page/2#35 You'll see that the Bankimus toon and Roth post nearly a minute within each other, referencing the same post in the same way. Its just odd, that is all. I would chalk it up to the forums acting goofy and loosing login info while attempting a post, its happened to me before. So other than that strange occurrence the history checks out. The WTB for a jump freight matches in line with the training, as well as the ORCA and Iteron, etc.. Please note that I did NOT access to corporate Dbank records through the API during this time, I was only privy to the journal log for the Dbank Toon. There were no known links that I was able to find to any scam or default. On personal holdings and dealings Of the personal holdings, I estimate his NAV at approx 600m and that there were no purchases in the last 15 days that raise any questions either On Honored by Death Rothimus runs a tight ship as well, funds are highly divided between his toons and his corporation. His corporation Honored by Death when accounting for corporate removal of funds for purchases averages a 2m profit per day. Profits are split 3/4 market activity and 1/4 corporate taxes. Though small the operation is profitable and I would feel confident in saying that such it could scale upwards. I would estimate its current NAV at 1.1b. Claims of operations are consistent with purchases/sales/taxes. EVE Wealth Mgt I can confirm that the current stock and asset holdings are correct, and that all claims of initial funding is correct There were no transfers across the entire account that were out of the ordinary or that raised any red flags. Any transfers were clearly marked between wallets with reasons, and again corporate cash stays corporate cash. Extras Contract history was not covered This audit covered a period of 22 days in history. Per terms of agreement the fee was made to be 20 shares in the investment This audit does not endorse nor condemn the offering and is merely a verification of claims
Dzil Caldari Space Whales is SRS BIZNESS	Posted - 2009.06.19 19:07:00 - [13] shrug Reserving 20 shares (200m) pending whale sales.
Marcus Baltar	Posted - 2009.06.19 19:09:00 - [14] Reserve me one share please. Will send cash late tonight, early tomorrow (Eve time) - just on the way out.
Saehta Sigillum Militum Xpisti Novus Ordo Mundi	Posted - 2009.06.19 19:11:00 - [15] Edited by: Saehta on 19/06/2009 19:16:12 hmmm, reserving 20 shares Your site is down btw EDIT: Very nice write up and preperation on this btw. Im confused on future expansions though, will it allow additional shares to be purchased or will ROI increase? I disagree on the ROI being low however, the isk is not as locked up as different offers might require so similarities to CDs could be drawn
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.06.19 19:12:00 - [16] these will go fast it seems :D well op did a good job anyways, even though the rate is low imo. reserving 20 shares
Miranda Zoar	Posted - 2009.06.19 19:22:00 - [17] I'll reserve 10 shares.
RothimusPrime Honored By Death	Posted - 2009.06.19 20:19:00 - [18] Originally by: HawkBlade As an employee of dBank, how much in isk did you handle at any given time? I have not personally handled any isk for DBANK. This was not part of my initial role. I created DBANK RothimusPrime to be a teller per Manalapan's request. I have not yet used this toon for this purpose. Originally by: Ji Sama how do you justify so low returns? 5% of the ROI, on 2B thats not even worth it imo... I justify 5% with the answer to question 7 in the FAQ. Certainly may not be worth it to some people, but you did reserve 20 shares . Originally by: Saehta Im confused on future expansions though, will it allow additional shares to be purchased or will ROI increase? Future expansion will be either through issuing additional shares under the same terms outlined here...or through a total buyback of this offer and a completely new offer announced. This will all need to be determined based upon the situation if/when the time comes. Originally by: Marcus Baltar Reserve me one share please. Will send cash late tonight, early tomorrow (Eve time) - just on the way out. Marcus Baltar emailed me and requested an additional 9 shares, putting him at 10 total reserved. Current Reservations: Gabriel Virtus 20 Kazzac Elentria 20 Dzil 20 Marcus Baltar 10 Saehta 20 Ji Sama 20 Miranda Zoar 10 80 shares remaining
Einear Lightfingers	Posted - 2009.06.19 20:27:00 - [19] I'd like to reserve 20 shares please. Isk to be sent shortly.
Harney Pickett Caldari ARC Industries	Posted - 2009.06.19 20:34:00 - [20] I'm interested in 20 shares as well. Who does the isk get sent to? Thanks.
Ulecese Ihatalo Research and Development Ihatalo Cartel	Posted - 2009.06.19 20:34:00 - [21] i'll take 20 shares too, how soon would you like the ISK wired?
RothimusPrime Honored By Death	Posted - 2009.06.19 20:44:00 - [22] Originally by: Harney Pickett I'm interested in 20 shares as well. Who does the isk get sent to? Thanks. Sent to: Bankimus Originally by: Ulecese i'll take 20 shares too, how soon would you like the ISK wired? You can send your isk anytime, deadline will be Friday June 28. Fund officially launches July 1.
Zenepher Money Trust	Posted - 2009.06.19 20:51:00 - [23] Reserving 20 shares.
Jin Nib	Posted - 2009.06.19 20:53:00 - [24] Edited by: Jin Nib on 19/06/2009 20:54:29 I'd like to reserve 5 shares please. ISK to be sent later today. Edit_ if there are any left, wow that went fast. -Jin Nib Trading on behalf of Opera Noir since: 2009.03.02 03:53:00
Kazzac Elentria	Posted - 2009.06.19 20:56:00 - [25] Grats on the successful launch, anyone wanting to take the same road should take note that ROth contacted me well over 4 weeks ago and spent the entire time hashing out the plan and being patient with my schedule to ensure that everything came together at the same time. I know this isn't always possible, but it definitely makes for a smoother launch. My only concern is that diversification into direct action wealth creation will be needed sooner than later because of the massive trending down of interest rates. Also, if anyone is so inclined, you can find my report here as well
Ulecese Ihatalo Research and Development Ihatalo Cartel	Posted - 2009.06.19 21:08:00 - [26] Isk sent, awaiting shares.
RothimusPrime Honored By Death	Posted - 2009.06.19 21:15:00 - [27] ===== SOLD OUT ===== Current Reservations: Gabriel Virtus 20 Kazzac Elentria 20 Dzil 20 Marcus Baltar 10 Saehta 20 Ji Sama 20 Miranda Zoar 10 Einear Lightfingers 20 Harney Pickett 20 Ulecese 20 Zenepher 20 Jin Nib 5 <- allowing to trickle in Total Shares: 205 Will allow for 40 additional shares to be reserved in the event investors pull out. Shares will begin to be sent as I receive the deposits, also will be updated on the website. I'm currently at work, so cannot send shares til I get home, about 2 hours.
Ji Sama Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll	Posted - 2009.06.19 21:22:00 - [28] will send isk tomorrow im off to bed now!
Jin Nib	Posted - 2009.06.19 21:25:00 - [29] Originally by: RothimusPrime Edited by: RothimusPrime on 19/06/2009 21:16:35 ... Jin Nib 5 <- allowing to trickle in .. Thanks!
Mai Hoshi	Posted - 2009.06.19 21:46:00 - [30] Edited by: Mai Hoshi on 19/06/2009 21:47:06 Edited by: Mai Hoshi on 19/06/2009 21:47:02 I'd like to reserve 3 shares in case of anyone pulling out (For my main Elle Darkblade)

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