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James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.19 19:47:00 -
[1]
Edited by: James Tundra on 19/06/2009 19:47:08 1. History
The Tundra Investment Fund started with my curiosity trading NPC goods between stations, this was of course before realizing the true opportunity that the market represented through buying low and selling high. In order to utilize my new found marketing knowledge, I needed to raise capitol. The Tundra Investment Fund started using investments from the members of my corporation (Apellon). From this generated capitol, returns were 20-30% weekly return, with roughly 10-20% paid out as dividends weekly. To manage the fund I had a corporation wallet along with the use of corporation orders. At the Fund's Account Peak, the accounts equaled roughly 700-900m isk.
2. Previous Offerings
1000m Bond Offering [Closed]Issueing 1 Billion in Bonds, Raising Fund Capital Opened: 4/27/2009 Closed: 5/23/2009
3000m Bond Offering [Closed]Issueing 3 Billion in Bonds, Tundra Investment Fund Opened: 5/25/2009 Closed: 6/22/2009
3. Audit
An audit will be performed on the Tundra Investment Fund, and posted with the launch of the Bond. One full audit, and one partial audit have been performed on the fund.
Full Audit Partial Audit
4. Security
I occasionally participate on the Market Discussion forums as well in the SCC-Lounge, and have had two rounds of successful funding in the past. The two rounds of funding totaled 4 billion isk. The fund has never been late on an interest payment, and has met or exceeded all interest obligations.
Affiliations: William Tundra -- Unused Trader Alt TMP -- Current Corporation Shadow Cadre -- Previous Corporation Apellon -- Previous Corporation Efrim Black -- Friend, first investor in the Investment Fund
5. Operational Assets The following assets are owned by the Tundra Investment Fund: Asset -- -- --Value Occator -- -- 70,000,000.00 isk Iteron V -- --7,000,000.00 isk
The following assets are available to the Tundra Investment Fund: Asset -- -- --Value Obelisk -- -- 850,000,000.00 isk
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James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.19 19:47:00 -
[2]
Edited by: James Tundra on 19/06/2009 19:47:41 6. Expansion
The expansion from the previous bond represents an expansion of roughly 2,000,000,000.00 isk. The increase in isk available as capitol, as well as the increase in Interest Obligations will be analyzed in this section.
6.1 Historical Data
Accounts: Total capitol available to the fund. Interest Obligations: The total interest to be paid out during the bond. Gross Profit: Profit generated from trading before paying interest.
Actual 4/27/2009 Total Accounts: 1,500,000,000.00 isk Interest Obligations: 380,000,000.00 isk (25% Average Interest) Gross Profit: 900,000,000.00 isk (60% Total Return)
Actual 5/25/2009 Total Accounts: 3,000,000,000.00 isk Interest Obligations: 450,000,000.00 isk (15% Average Interest) Gross Profit: 1,750,000,000.00 isk (58.3% Total Return)
6.2 Forecast
Estimated 6/29/2009 Total Accounts: 5,000,000,000.00 isk Interest Obligations: 500,000,000.00 isk (10.0% Average Interest)
6.3 Analysis
With this bond offering, there will be an additional 50m(12.5%) in Interest Obligations that will need to be covered for. With this being said, the current returns generated by the fund are more than enough to cover the increase in interest obligations.
6.4 Expansion
One of the first things done after the launch of a Tundra Investment Fund Bond is a week of market research accompanied by some initial trading. The fund's market research essentially identifies items which, in the short and long term, will generate the most profit. The increase in capitol represented by this bond will be allocated according to the levels used in the previous bond. Allocations by the fund include market trading in minerals, ore, as well as low volume Ships and Components.
On a side note, starting with the last bond offering, in my free time I've been working on increasing standing with the main trading station's corporation. This will increase normal margins by approximately half of a percent, and increase margins on ore purchased off the market by nearly 5%. This is just one of the ways efficiency is helping to improve the profits and margins of the fund.
7. Investment Details
Total Bond Offering: 5,000,000,000.00 isk 10, 500 million isk bonds available. Bond Start: 29 June 2009 Bond End: 27 July 2009
7.1 Interest
Total Interest: 10% Interest will be paid at 5% Bi-Weekly and paid out via ISK Transfer.
7.2 Timeline
29 June 2009 : Bond Start, Market Research Started 7 July 2009 : Research Completed, ISK Fully Invested 13 July 2009 : First Interest Payment 20 July 2009 : Liquidation Phase 27 July 2009 : Last Interest Payment, Return of Investment
7.3 Buyback
Bond Buyback: 27 July 2009. This is a 100% buyback for the full value of the bond. I reserve the right to initiate the buyback up to 7 (seven) days before this date. If the funds liquidity is ever in question, a buyback will be initiated using all available capitol.
7.4 Restrictions
Minimum Investment 500m Maximum Investment 1500m.
Any questions please contact me in game with James Tundra. All investments should be sent via Transfer Isk, and a record will be kept under this reply. Before an ISK transfer is made, an evemail should be sent with the amount being invested, otherwise the ISK may be returned. |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.19 19:47:00 -
[3]
Reservations will be allowed starting on June 22nd. All replies preceding this date should be discussion only.
Status: Bonds Filled: 0 Million Bonds Reserved: 0 Million Bonds Available: 5000 Million
Bond 1 500m @ 10%: (Available) Bond 2 500m @ 10%: (Available) Bond 3 500m @ 10%: (Available) Bond 4 500m @ 10%: (Available) Bond 5 500m @ 10%: (Available) Bond 6 500m @ 10%: (Available) Bond 7 500m @ 10%: (Available) Bond 8 500m @ 10%: (Available) Bond 9 500m @ 10%: (Available) Bond 10 500m @ 10%: (Available)
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James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.19 19:48:00 -
[4]
Reserved |

Risk Aversion
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Posted - 2009.06.19 20:20:00 -
[5]
You need a full audit of the 2nd bond. I would prefer someone other than Caleb, outside the SCC/TMP circle of love. |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.19 20:54:00 -
[6]
Originally by: Risk Aversion You need a full audit of the 2nd bond. I would prefer someone other than Caleb, outside the SCC/TMP circle of love.
I thought of that well in advance because of doubt brought on by previous auditors. Instead I have asked Brock to do an audit of my financials, and if hes on time, it should be posted before reservations are accepted. |

Kazzac Elentria
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Posted - 2009.06.19 21:04:00 -
[7]
Im concerned of growth to fast and why the effective doubling of the amounts
What of your profits, your mgt fee... clearly you couldn't possibly be doing this for the hell of it? What are your current holdings and what prevents you from using those?
Something is hitting my gut with the whole SCC/TMP/etc... circle j**k as well.
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YouGotRipped
Ewigkeit
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Posted - 2009.06.19 22:30:00 -
[8]
James Tundra is an alt of Riethe. |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.19 23:07:00 -
[9]
Originally by: Kazzac Elentria
What of your profits, your mgt fee... clearly you couldn't possibly be doing this for the hell of it? What are your current holdings and what prevents you from using those?
First of all my profits are kind of hidden within the original post:
Quote: Actual 5/25/2009 Total Accounts: 3,000,000,000.00 isk Interest Obligations: 450,000,000.00 isk (15% Average Interest) Gross Profit: 1,750,000,000.00 isk (58.3% Total Return)
Effectively, the Gross Profit minus Interest Obligations is my net profit in this venture. So my profit on this venture would be approximately 1.3b.
My investment at the beginning of the bond was roughly 200m in pre-invested capital, and I plan to use profits from this bond as a buffer to allow liquidation near the end of the bond at profitable levels.
Quote: Something is hitting my gut with the whole SCC/TMP/etc... circle j**k as well.
As I said before, Brock Nelson, Member of Flux Technologies Inc, will be performing the audit on my financials.
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Kitchie
Gallente Vikramaditya
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Posted - 2009.06.20 01:44:00 -
[10]
Originally by: YouGotRipped James Tundra is an alt of Riethe.
Is Lecherito off the radar now?
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Kazzac Elentria
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Posted - 2009.06.20 01:45:00 -
[11]
I guess what Im getting at is that you haven't close your second one yet correct?
You should either refinance that one at a larger amount, or close it out and reissue at a possible lower rate before.
And obviously still have the audit, personally though (and this is not a dig at you Brock so don't take it that way) I'd rather have someone like Shar handle it.
Hell I'd even be willing to pay him for his time just to have him handle it. |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 03:04:00 -
[12]
Originally by: Kazzac Elentria I guess what Im getting at is that you haven't close your second one yet correct?
You should either refinance that one at a larger amount, or close it out and reissue at a possible lower rate before.
As stated in the original post,
Quote: 3000m Bond Offering [Closed]Issueing 3 Billion in Bonds, Tundra Investment Fund Opened: 5/25/2009 Closed: 6/22/2009
The old bond is a 4 week short term bond that is set to close on the 22nd of June(This monday)
Quote: 7.2 Timeline 29 June 2009 : Bond Start, Market Research Started 7 July 2009 : Research Completed, ISK Fully Invested 13 July 2009 : First Interest Payment 20 July 2009 : Liquidation Phase 27 July 2009 : Last Interest Payment, Return of Investment
Where as the timeline shows that this bond will not start until the 29th of June(Next Monday), a full one week later.
Quote: And obviously still have the audit, personally though (and this is not a dig at you Brock so don't take it that way) I'd rather have someone like Shar handle it.
Hell I'd even be willing to pay him for his time just to have him handle it.
If anything I'd be worried about the time aspect of it. If he would be willing to do it quickly I'd investigate whether Brock has already started or not.
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Varo Jan
Minmatar
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Posted - 2009.06.20 03:34:00 -
[13]
Originally by: James Tundra
Originally by: Kazzac Elentria And obviously still have the audit, personally though (and this is not a dig at you Brock so don't take it that way) I'd rather have someone like Shar handle it.
Hell I'd even be willing to pay him for his time just to have him handle it.
If anything I'd be worried about the time aspect of it. If he would be willing to do it quickly I'd investigate whether Brock has already started or not.
Forget the time aspect, James. You¦re making a rod for your own back again, totally unnecessarily. Take Kazzac up on his offer - you won¦t get a better one.
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James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 03:39:00 -
[14]
Originally by: Varo Jan Forget the time aspect, James. You¦re making a rod for your own back again, totally unnecessarily. Take Kazzac up on his offer - you won¦t get a better one.
I forgot to mention with what I previously said, I have sent him an EVEMail and based on the speediness of his response will decide whether he will be performing an audit on my financials. If he does not respond in time, then Brock should be sufficient. |

Gabriel Virtus
hirr Morsus Mihi
|
Posted - 2009.06.20 04:25:00 -
[15]
Edited by: Gabriel Virtus on 20/06/2009 04:28:05 There are a few things that bother me about tundra investments:
1. Stepping Stone Scam - I think a full audit of the 2nd bond offering to prove that it was made through actual trading and not idle isk. This seems too much like a stepping stone within a cpl months in order to get up to larger and larger amounts of public isk.
2. SCC circ-jerk - It would be refreshing if you got someone else to audit the bond, other than the small group of SCC friends of yours. Your response to a complaint about this is... to get Brock Nelson to do an audit? He is part of the circle.
3. You have money - If you make 1.5B in profits in 2 weeks, you have or can make the capital amounts you are asking for easily and there is no need to pay 10% interest to use other peopleÆs iskies. There is no reason you need this public money if those numbers are correct.
But then again, I guess Kazzac would say this so you can use him or his circ-jerk of friends ôtrustedö friends, but they peel off slowly in scams. It must be nice to be paid 200M+ for about 20minutes of work.
I am interested, but this does seem a bit much. You show up out of nowhere on forums, run doubling bond offerings over a very short period. You put up profit numbers that would lead me to believe you can easily raise or already have this capital on hand and advertise another offering before the 2nd one is even closed. An audit of the previous months transactions would be great to prove you have actually traded in that amounts and could expand.
-GV
edit: I cannot spell |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 04:32:00 -
[16]
Originally by: Gabriel Virtus
3. You have money - If you make 1.5B in profits in 2 weeks, you have or can make the capital amounts you are asking for easily and there is no need to pay 10% interest to use other peopleÆs iskies. There is no reason you need this public money if those numbers are correct. -GV
I'll reply to this, because all other questions seemed to have been answered. The profit of 1.5B, was profit over 4 weeks total, and I plan to use that to purchase things for my character, hopefully purchasing the freighter from my corporation eventually.
Quote:
I am interested, but this does seem a bit much. You show up out of no where on forums, run doubling bond offerings over a very short period. You put up profit numbers and another offering before the 2nd one is even closed. An audit of the previous months transactions would be great to prove you have actually traded in that amounts and could expand.
As I've stated atleast once, the last week of trading is complete liquidation, with only my personal ISK being traded. Thus, all profit indicators are there after the 3 weeks. I stopped my buy orders, as well as hauling operations a short while ago to ensure I'd have enough liquid to meet buyback obligations.
Also, reservations will not be taken until the previous bond is paid back. This means that any complaints of fraud with regards to the last bond can be investigated by investors. |

Gabriel Virtus
hirr Morsus Mihi
|
Posted - 2009.06.20 04:49:00 -
[17]
Originally by: James Tundra I'll reply to this, because all other questions seemed to have been answered. The profit of 1.5B, was profit over 4 weeks total, and I plan to use that to purchase things for my character, hopefully purchasing the freighter from my corporation eventually.
Why pay 10, 15, 25% interest when you clearly already have the available capital to do this venture with your own money? Freighter or not. If you waited another cpl weeks, you could make the profit from the profit made from the 2nd offereing to buy the frieghter WITHOUT paying ppl interest for their money. I feel this is the largest hole in the offering. This doesn't seem like a logical business transaction.
Quote: As I've stated atleast once, the last week of trading is complete liquidation, with only my personal ISK being traded. Thus, all profit indicators are there after the 3 weeks. I stopped my buy orders, as well as hauling operations a short while ago to ensure I'd have enough liquid to meet buyback obligations.
Also, reservations will not be taken until the previous bond is paid back. This means that any complaints of fraud with regards to the last bond can be investigated by investors.
I started typing post before you responded to this, sorry. I am just telling you how this sequence of events looks to outside eyes.
-GV |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 05:04:00 -
[18]
Originally by: Gabriel Virtus Why pay 10, 15, 25% interest when you clearly already have the available capital to do this venture with your own money? Freighter or not. If you waited another cpl weeks, you could make the profit from the profit made from the 2nd offereing to buy the frieghter WITHOUT paying ppl interest for their money. I feel this is the largest hole in the offering. This doesn't seem like a logical business transaction. -GV
I understand your concerns completely, however I'd like to make it clear that I do not have the capital to do this venture with my own money. My total profit before any expenses was 1.3b, the chances of me not spending a dime in a month are pretty low, approximately 600m of the 1.3b is still locked in sell orders that I'm waiting to liquidate. That being said, I could eventually fund this with my own money, but my math shows that the returns I generate are much better than the interest rate I pay to use others money. ISK is so cheap in EVE right now that its worth 10% a month to make 40-50% on it.
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YouGotRipped
Ewigkeit
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Posted - 2009.06.20 07:16:00 -
[19]
Edited by: YouGotRipped on 20/06/2009 07:21:01 Scam content has evolved pretty much as I predicted (trading for a limited time (fresh char, small volume) in an attempt to render the audit useless).
It will take some effort to shoot down the remaining alts and send Riethe back to his hole and I cannot do this without the community's help.
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Vaerah Vahrokha
Minmatar Dark-Rising
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Posted - 2009.06.20 07:42:00 -
[20]
Edited by: Vaerah Vahrokha on 20/06/2009 07:42:14
Quote:
It will take some effort to shoot down the remaining alts and send Riethe back to his hole and I cannot do this without the community's help.
The community have before their eyes a potential scam on one side (JT) and a sure "selective" scam on the other side (yours). Guess how much ready they feel to help you?
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LaVista Vista
Conservative Shenanigans Party
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Posted - 2009.06.20 08:02:00 -
[21]
Originally by: James Tundra That being said, I could eventually fund this with my own money, but my math shows that the returns I generate are much better than the interest rate I pay to use others money. ISK is so cheap in EVE right now that its worth 10% a month to make 40-50% on it.
This should raise the red flag to everyone.
ISK is cheap, sure. But no competent IPO/Bond manager would ever pay 10%/Month willingly.
And the repeated use of the scc circle-jerk, the unexplained affiliation with TMPI(How much did Ji raise, that you have access to?), so sudden growth and a whole host of other small things, makes me want to stay faaaaaar away from this. |

YouGotRipped
Ewigkeit
|
Posted - 2009.06.20 08:19:00 -
[22]
Originally by: Vaerah Vahrokha Edited by: Vaerah Vahrokha on 20/06/2009 07:42:14
Quote:
It will take some effort to shoot down the remaining alts and send Riethe back to his hole and I cannot do this without the community's help.
The community have before their eyes a potential scam on one side (JT) and a sure "selective" scam on the other side (yours). Guess how much ready they feel to help you?
You're overestimating MY desire to help or my interest for this game. I am aware that I cannot make a decision in your place and I don't intend to waste my time protecting the less fortunate individuals from themselves.
Black Sun Empire |

Viktor Raybach
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Posted - 2009.06.20 08:38:00 -
[23]
Originally by: LaVista Vista
And the repeated use of the scc circle-jerk, the unexplained affiliation with TMPI(How much did Ji raise, that you have access to?), so sudden growth and a whole host of other small things, makes me want to stay faaaaaar away from this.
LVV raises a good point (actually all the issues I was going to raise when you did the predictably larger bond have already been raised. Well, all the provable ones without hours of forum analysis and style comparisons).
Ji Sama's repeatedly shown a willingness to invest billions at rates much lower than 10%. Why on earth would you need to launch a bond when you could surely get the money from Ji Sama. And probably at a lower rate than 10% as well? |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
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Posted - 2009.06.20 11:35:00 -
[24]
Originally by: LaVista Vista
The unexplained affiliation with TMPI; How much did Ji raise, that you have access to.
He has access to 1 Obelisk, that TMPI owns. And the TMPI representations account; worth around 100-250M
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Vaerah Vahrokha
Minmatar Dark-Rising
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Posted - 2009.06.20 11:37:00 -
[25]
Edited by: Vaerah Vahrokha on 20/06/2009 11:42:22
Quote:
You're overestimating MY desire to help or my interest for this game
I can't know about the latter, but your preference to break a trust pact with your former customers give me a pretty precise picture about your desire to help.
Edit: You have a personality allowing for a topology of different behavioural effects, you may actually desire to help a part of the players you elected as "worth" or symphatizing enough. This makes you a bit dangerous business side because a totally honest investee is reliably fruitful, a deep scammer is reliably detectable or at least counterable, while in this case it's a russian roulette. Possibly a more red flag than being a "true" scammer, because you may go on for months in one project then suddenly change your mind.
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Gabriel Virtus
hirr Morsus Mihi
|
Posted - 2009.06.20 12:14:00 -
[26]
Originally by: Ji Sama
Originally by: LaVista Vista
The unexplained affiliation with TMPI; How much did Ji raise, that you have access to.
He has access to 1 Obelisk, that TMPI owns. And the TMPI representations account; worth around 100-250M
Ji Sama - all you have to say on an offering by one of your own is.... ^^? You dont have a character evaluation? Performance evaluation? TMPI association? Why arn't you giving him the isk, you seem to be chomping at the bit to loan money out at 5% to someone you barely know, but you don't touch 10% return?
I just realized that I have been kind of picking on you Ji Sama. I actually like you, I swear! Sometimes, I just don't understand your actions.
-GV |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.20 12:19:00 -
[27]
Yes that is all i have to say, because anything i say is biased. This is the exactly the reason TMPI incouraged JT to NOT expand his next bond.
1: Step Stone Scam 2: He makes an excellent return with 3B why expand? 3: He should make the loan period longer imo, and spend more time researching the eb and flow of the market.
I would loan JT ISK at a lower rate personally, im not sure i would put 5B in a high risk operation. And i dare you to show me where ive done that. Yes ive invested at lower rates than i currently offer, and its either a meaningless ammount or its a blue chip investment! I am not in every offering as you blatantly accuse me off! |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.20 12:49:00 -
[28]
Originally by: Varo Jan
Originally by: James Tundra
Originally by: Kazzac Elentria And obviously still have the audit, personally though (and this is not a dig at you Brock so don't take it that way) I'd rather have someone like Shar handle it.
Hell I'd even be willing to pay him for his time just to have him handle it.
If anything I'd be worried about the time aspect of it. If he would be willing to do it quickly I'd investigate whether Brock has already started or not.
Forget the time aspect, James. You¦re making a rod for your own back again, totally unnecessarily. Take Kazzac up on his offer - you won¦t get a better one.
Also i will back Varo Jan in this statement. This is currently what i have to say on this matter; untill reservations will begin! |

Viktor Raybach
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Posted - 2009.06.20 13:11:00 -
[29]
Well, if the CEO of your own corporation, who can obviously afford to, won't lend you the money and believes you're high risk then I fail to see why anyone else should invest.
And, if Ji Sama is willing to, then obviously you don't need any other investors.
Either way, there's too much that doesn't add up here. |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 13:28:00 -
[30]
I'll try and reply to all your posts in one swift reply if thats alright :)
Originally by: LaVista Vista This should raise the red flag to everyone. ISK is cheap, sure. But no competent IPO/Bond manager would ever pay 10%/Month willingly.
1. First, your ISK is cheap statement. I don't like ripping people off, my profits on my last bond were fairly large, so I actually gave a bonus 5% to investors as a gift, raising the return to investors to 15%. I will happily pay 10%, or 15% for money that I could not get myself, in order to keep my operations running.
Originally by: LaVista Vista And the repeated use of the scc circle-jerk, the unexplained affiliation with TMPI(How much did Ji raise, that you have access to?), so sudden growth and a whole host of other small things, makes me want to stay faaaaaar away from this.
1. I'm working on reducing my reliance on SCC and the individuals in my alliance. I've contacted shar to try and do an audit on my financials.
2. All money raised by all of my bond offerings is held personally by me, all products are held in my hanger, and all market orders are done through my own market orders, the corporation has access to none of investor's ISK.
3. Ji Sama has told me he plans to invest in this bond like he invested in previous bonds, he has made no statement to me saying he will refuse to invest in this bond.
Quote:
Well, if the CEO of your own corporation, who can obviously afford to, won't lend you the money and believes you're high risk then I fail to see why anyone else should invest.
It has been stated in every audit, and every bond listing. This bond has zero collateral, and is a high risk bond offering. That is why the interest rate is ten percent, and a reason why I often bonus it higher to 15%.
Quote: And, if Ji Sama is willing to, then obviously you don't need any other investors.
I've had most of my previous investors come forward with intentions to invest again, and I'd like to keep it a public investment for that reason. I'd like to try to continue building trusting relationships with my investors, and insure that they get a steady interest payment, and I get a steady supply of capital.
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Viktor Raybach
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Posted - 2009.06.20 13:52:00 -
[31]
Originally by: James Tundra
I've had most of my previous investors come forward with intentions to invest again, and I'd like to keep it a public investment for that reason. I'd like to try to continue building trusting relationships with my investors, and insure that they get a steady interest payment, and I get a steady supply of capital.
Ji Sama stated in this thread that he'd loan you isk at less than 10%. That being the case, what possible legitimate reason is there for a fund manager to seek a higher rate of interest than that freely available from his or her own CEO? The only conclusions I, and from this thread evidently several other people, can draw are all red flags.
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James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 14:04:00 -
[32]
Edited by: James Tundra on 20/06/2009 14:04:56 Fixed quote
Originally by: Viktor Raybach Ji Sama stated in this thread that he'd loan you isk at less than 10%. That being the case, what possible legitimate reason is there for a fund manager to seek a higher rate of interest than that freely available from his or her own CEO? The only conclusions I, and from this thread evidently several other people, can draw are all red flags.
Originally by: Ji Sama I would loan JT ISK at a lower rate personally, im not sure i would put 5B in a high risk operation.
Because, as Ji Sama stated, he does not wish to invest 5b in it because of its status as a high risk investment. Sure I could secure 500m at 5% interest, but the 10% rate seems like a fair rate for a high risk bond to attract investors.
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LaVista Vista
Conservative Shenanigans Party
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Posted - 2009.06.20 14:11:00 -
[33]
Originally by: James Tundra
Originally by: LaVista Vista This should raise the red flag to everyone. ISK is cheap, sure. But no competent IPO/Bond manager would ever pay 10%/Month willingly.
1. First, your ISK is cheap statement. I don't like ripping people off, my profits on my last bond were fairly large, so I actually gave a bonus 5% to investors as a gift, raising the return to investors to 15%. I will happily pay 10%, or 15% for money that I could not get myself, in order to keep my operations running.
Let me repeat myself: No competent IPO/Bond manager would EVER pay 10%/Month. Saying that ISK is cheap, and then offering a stupidly large % is self-contradicting and serves as nothing but bait to get people to invest. There's tons of examples of exactly this, backing up the fact that high-% investments are no good.
Quote: 2. All money raised by all of my bond offerings is held personally by me, all products are held in my hanger, and all market orders are done through my own market orders, the corporation has access to none of investor's ISK.
Didn't answer my question. Ji did, however.
Quote:
Quote: And, if Ji Sama is willing to, then obviously you don't need any other investors.
I've had most of my previous investors come forward with intentions to invest again, and I'd like to keep it a public investment for that reason. I'd like to try to continue Quote: building trusting relationships
with my investors, and insure that they get a steady interest payment, and I get a steady supply of capital.
Here's another huge red flag
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James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 14:40:00 -
[34]
Originally by: LaVista Vista Let me repeat myself: No competent IPO/Bond manager would EVER pay 10%/Month. Saying that ISK is cheap, and then offering a stupidly large % is self-contradicting and serves as nothing but bait to get people to invest. There's tons of examples of exactly this, backing up the fact that high-% investments are no good.
Heres where we disagree, 10% a month is not a, "Stupidly large %" for an unsecured bond, even bonds with Ebank are generally 8-15%, so 10% is not that large.
Quote: Here's another huge red flag
It's a red flag because I want to have investors reinvest into newer bonds? Is it a red flag because I want to expand my operations? You're way misusing that term, a huge red flag because I like to build trust? A huge red flag is a scamming alt, or attempts to scam in forum history, a huge red flag is no trading in the last month. Wanting to build trust with investors, maybe a minor green flag at best, a minor red one at worst.
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Krathos Morpheus
Gallente Legion Infernal Wildly Inappropriate.
|
Posted - 2009.06.20 16:26:00 -
[35]
Originally by: James Tundra
Originally by: LaVista Vista Let me repeat myself: No competent IPO/Bond manager would EVER pay 10%/Month. Saying that ISK is cheap, and then offering a stupidly large % is self-contradicting and serves as nothing but bait to get people to invest. There's tons of examples of exactly this, backing up the fact that high-% investments are no good.
Heres where we disagree, 10% a month is not a, "Stupidly large %" for an unsecured bond, even bonds with Ebank are generally 8-15%, so 10% is not that large.
Quote: Here's another huge red flag
It's a red flag because I want to have investors reinvest into newer bonds? Is it a red flag because I want to expand my operations? You're way misusing that term, a huge red flag because I like to build trust? A huge red flag is a scamming alt, or attempts to scam in forum history, a huge red flag is no trading in the last month. Wanting to build trust with investors, maybe a minor green flag at best, a minor red one at worst.
The red flag is in you not valuing isks (or valuing them below building your rep), that means that your only intention here is to build your rep for something bigger, meaning that the isks you can make today (with lesser percentages) are nothing compared to the isks you expect to make tomorrow. Now think about who would do such thing. |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.20 16:57:00 -
[36]
Edited by: James Tundra on 20/06/2009 16:57:03
Originally by: Krathos Morpheus The red flag is in you not valuing isks (or valuing them below building your rep), that means that your only intention here is to build your rep for something bigger, meaning that the isks you can make today (with lesser percentages) are nothing compared to the isks you expect to make tomorrow. Now think about who would do such thing.
I disagree here as well! As stated before, I simply feel that my profit margins are wide enough to allow a decent return for investors. I'm not saying that the ISK is chump change, or that it is worthless. High risk yields high reward, I simply feel that the risk involved in this venture means that the interest rate should be that high. If you're willing to invest at a lower interest rate let me know, I'd be happy to oblige.
|

Krathos Morpheus
Gallente Legion Infernal Wildly Inappropriate.
|
Posted - 2009.06.20 17:44:00 -
[37]
Originally by: James Tundra
I disagree here as well! As stated before, I simply feel that my profit margins are wide enough to allow a decent return for investors. I'm not saying that the ISK is chump change, or that it is worthless. High risk yields high reward, I simply feel that the risk involved in this venture means that the interest rate should be that high. If you're willing to invest at a lower interest rate let me know, I'd be happy to oblige.
Actually I think that interest rates here in MD are too low because there are too much isks around here, but I'm very sceptical with people giving isks for free. |

cosmoray
Cosmoray Construction
|
Posted - 2009.06.20 19:20:00 -
[38]
I have some problems with these bonds:
1. You say 3B is plenty enough to make a large profit. Then why didn't you make the 3B bond for 6 months?
You are following the classic SCAM roadmap. Increase the size of your offerings quickly, before you lose too much capital in dividends and interest. You are now up to 5B, I mean just for 1 month???
2. All your previous investors were primarily the SCC / TMP group. This "might" be considered use of ALTS or partners to create trust.
Now the problem is that your partner Ji Sama won't even invest in this latest offering. If your buddy doesn't trust you, why should anyone on here?
3. If any of the group of SCC / TMP group (including Caleb) scams, then the entire group will be tarnished as you have all used each other as brokers, auditors and investors. Its a very tight incestuous relationship. You live and die together.
Personally when your own partners and previous investors think this is a bond too far, I wouldn't touch this in a million years. I think ji Sama's comments here have killed your rep (what there was of it), and it also doesn't look good on the SCC/TMP connection. |

Gabriel Virtus
hirr Morsus Mihi
|
Posted - 2009.06.20 19:27:00 -
[39]
Originally by: LaVista Vista
Originally by: James Tundra
Originally by: LaVista Vista This should raise the red flag to everyone. ISK is cheap, sure. But no competent IPO/Bond manager would ever pay 10%/Month willingly.
1. First, your ISK is cheap statement. I don't like ripping people off, my profits on my last bond were fairly large, so I actually gave a bonus 5% to investors as a gift, raising the return to investors to 15%. I will happily pay 10%, or 15% for money that I could not get myself, in order to keep my operations running.
Let me repeat myself: No competent IPO/Bond manager would EVER pay 10%/Month. Saying that ISK is cheap, and then offering a stupidly large % is self-contradicting and serves as nothing but bait to get people to invest. There's tons of examples of exactly this, backing up the fact that high-% investments are no good.
I guess some people have souls and don't mind sharing a few extra pennies to those willing to inveset. :)
-GV
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Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.20 20:51:00 -
[40]
Edited by: Vaerah Vahrokha on 20/06/2009 20:51:23
Quote:
2. All your previous investors were primarily the SCC / TMP group. This "might" be considered use of ALTS or partners to create trust.
Now the problem is that your partner Ji Sama won't even invest in this latest offering. If your buddy doesn't trust you, why should anyone on here?
Doesn't the last statement contradict 2. a bit?
Quote:
3. If any of the group of SCC / TMP group (including Caleb) scams, then the entire group will be tarnished as you have all used each other as brokers, auditors and investors. Its a very tight incestuous relationship. You live and die together
Caleb would be the one getting the shaft, I already made well sure he knew.
I don't say I am expert in any of these things, but my "butt-o-meter" odometer is turning to the "ouch-the-hurt" value for some reason. Too much, too splash, too fast.
|

Kazzac Elentria
|
Posted - 2009.06.20 22:19:00 -
[41]
Originally by: cosmoray
3. If any of the group of SCC / TMP group (including Caleb) scams, then the entire group will be tarnished as you have all used each other as brokers, auditors and investors. Its a very tight incestuous relationship. You live and die together.
Everyone in this circle would do well to attempt to separate their connections a little more.
I'm quite positive that least most of you are on the up and up, but some members including JT just ring the wrong vibe with me.
I honestly have nothing to back it up, hell I even audited JiSama and could find nothing goofy or out of the ordinary including any alt style links back to JT here... so it really is just me flapping my gums when I say ... it just doesn't sit right.
I'll retire from pooping on your thread for now |

Brock Nelson
Caldari Flux Technologies Inc
|
Posted - 2009.06.21 01:56:00 -
[42]
So...does this mean that my audit will be pointless?
1 audit project in the works, 3 lined up |

James Tundra
Tash-Murkon Prime Industries
|
Posted - 2009.06.21 02:06:00 -
[43]
I'll try to address these in order,
Originally by: cosmoray I have some problems with these bonds: 1. You say 3B is plenty enough to make a large profit. Then why didn't you make the 3B bond for 6 months?
I can simply not guarantee that the amount of free time I've got right now to run and manage a bond is going to be the same in 3-4 months. Where I am, school is out for summer for another 2 and a half months. I can simply not guarantee my position 6 months from now, as I'm sure you can't guarantee yours for the next 6 months.
Originally by: cosmoray 2. All your previous investors were primarily the SCC / TMP group. This "might" be considered use of ALTS or partners to create trust.
This statement is not true either, I had received roughly 1/2 of my previous bond from investors not related to SCC or TMP, until an investor backed out forcing me to look for an additional investor from my corp at the last second.
Originally by: cosmoray Now the problem is that your partner Ji Sama won't even invest in this latest offering. If your buddy doesn't trust you, why should anyone on here?
This has been said more than once already, Ji Sama did not once say he was not going to invest in this bond. From what I got from what I talked to him, he plans to roll over his 500m that he has invested in EVERY bond I've launched. I believe it is not because he does not trust me, instead because it would be irresponsible for him to place 5b iskies from his IPO (Roughly 10-20% of its worth) into a single high risk investment.
Originally by: cosmoray 3. If any of the group of SCC / TMP group (including Caleb) scams, then the entire group will be tarnished as you have all used each other as brokers, auditors and investors. Its a very tight incestuous relationship. You live and die together.
This is why I'm in the middle of backing myself away from SCS support in order to distinguish myself from the group.
Originally by: cosmoray Personally when your own partners and previous investors think this is a bond too far, I wouldn't touch this in a million years. I think ji Sama's comments here have killed your rep (what there was of it), and it also doesn't look good on the SCC/TMP connection.
Firstly, only one of my partners/previous investors feels as though this bond, "Is a bond too far." He has his own opinion, and his opinions went a lot into forming this bond, he is the CEO of my corporation, and while I respect his opinion, I do not agree with everything he says, and should I be expected to?
To reiterate, what Ji Sama said was simply his opinion on how I should run my bond. Ji Sama is the CEO of my corporation, and I took a lot of his suggestions into play when organizing this bond, with that being said I also disagree with him on certain things.
|

Brock Nelson
Caldari Flux Technologies Inc
|
Posted - 2009.06.21 03:09:00 -
[44]
Ok, I will be going ahead with a quick audit of his financial analysis and will hopefully be finished by the end of the weekend (Eve Monday morning).
1 audit project in the works, 3 lined up |

Kouryusei
Caldari The Bitter Sea Trading Company
|
Posted - 2009.06.21 08:29:00 -
[45]
Reserving a 500M piece of pie. :) -----
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 - 2009.06.21 11:17:00 -
[46]
Originally by: Brock Nelson So...does this mean that my audit will be pointless?
No it wont make your audit useless, i am very much looking forward myself to reading it. It just means that a conflict of interest has been revealed, and that JT needs to act upon this (I personally disagree with this conflict) But in the interest of the MD communitys good will, i have offered Kazzac to split the fees associated with getting himself or Shar on this as a 2nd auditor.
Also, JT sums up what ive said pretty nicely imo.
Last, i might aswell spill the beans. TMPI would like to reserve 500M worth of Bonds pending succesfull audits |

Bankimus
EVE Wealth Management
|
Posted - 2009.06.22 02:42:00 -
[47]
Reserving 500 mill pending audit |

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.06.22 03:03:00 -
[48]
Reservations will now be taken for this offering. :)
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Miranda Zoar
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Posted - 2009.06.22 04:54:00 -
[49]
I'll reserve 500 mil, pending audit of course. 
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Troyd23
Zenislev Contingent Legem Terrae
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Posted - 2009.06.22 09:08:00 -
[50]
Reserving 500m, pending audit.
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Caleb Ayrania
Gallente TarNec Sex Drugs And Rock'N'Roll
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Posted - 2009.06.22 11:40:00 -
[51]
Soz to OP, but I have to clear this up a bit..
The alleged circle jerk that keeps getting mentioned is a bit out of proportions..
SCC-Lounge was founded by me, and from that a handful of projects to improve connections in the MD grew. Among these are the SCS and the EVE-Expo.
Through the launch of TMP's IPO I got to know Ji Sama, and have talked alot with him and ended up recruiting him into the same alliance as me, since industrialists were needed.
After I did James Tundras IPO Ji Sama headhunted JT into TMP. Which is why I could no longer personally handle his audit as I would be deemed biased. I would like to note that I have no investment in JTs bond, and I did conclude his bond to be high risk.
I have dealings and investments in TMP, and I am now by proxy affiliated with JT. That does not however mean I am in any ways signing my name to either Ji Sama, JT, or their respective businesses. I have been objective in my assessments of their activity, and was not biased and involved with them at the time of my audits and brokering.
@Cosmo: If affiliation post facto is a trust breaker then dealing in MD becomes rather hard, since its not that big and everyone will eventually have some type of close business dealings with each other. Especially if like me you prefer to deal with as many talented people as possible.
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YouGotRipped
Ewigkeit
|
Posted - 2009.06.22 11:53:00 -
[52]
Splendid scheme... looks more like begging to me. James Tundra, Lecherito, Gabriel Virtus, Kouryusei and so on...
Does anyone know what they all have in common? I'll pay 100m isk for the right answer.
Black Sun Empire |

Gentileman
|
Posted - 2009.06.22 12:01:00 -
[53]
That you allege that they are the same person, and thus a Riethe alt conglomerate?
Tell me it's true (only for the isk)?
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YouGotRipped
Ewigkeit
|
Posted - 2009.06.22 12:04:00 -
[54]
Edited by: YouGotRipped on 22/06/2009 12:04:15
Originally by: Gentileman That you allege that they are the same person, and thus a Riethe alt conglomerate?
Tell me it's true (only for the isk)?
That might be true but it is not the answer I was expecting. 
Black Sun Empire |

LaVista Vista
Conservative Shenanigans Party
|
Posted - 2009.06.22 12:05:00 -
[55]
Originally by: YouGotRipped Splendid scheme... looks more like begging to me. James Tundra, Lecherito, Gabriel Virtus, Kouryusei and so on...
Does anyone know what they all have in common? I'll pay 100m isk for the right answer.
That they all came out of nowhere, and upset all the old-school MD people with their "attitude"(Not a bad thing)? 
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Kouryusei
Caldari The Bitter Sea Trading Company
|
Posted - 2009.06.22 12:07:00 -
[56]
Originally by: YouGotRipped Edited by: YouGotRipped on 22/06/2009 12:04:15
Originally by: Gentileman That you allege that they are the same person, and thus a Riethe alt conglomerate?
Tell me it's true (only for the isk)?
That might be true but it is not the answer I was expecting. 
That unlike you, we don't selectively scam people and blame it on people not giving us more ISK or "believing in us"? -----
eveHOSTED - Hosting you can afford. eveTALK - Ventrilo / Teamspeak at affordable prices. intraPAY - A market tool of some kind... >_>. |

Jowen Datloran
Caldari Science and Trade Institute
|
Posted - 2009.06.22 12:11:00 -
[57]
I too will be reserving 500 mill pending audit. ---------------- Mr. Science & Trade Institute
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YouGotRipped
Ewigkeit
|
Posted - 2009.06.22 12:20:00 -
[58]
Edited by: YouGotRipped on 22/06/2009 12:24:38
Originally by: Kouryusei
That unlike you, we don't selectively scam people and blame it on people not giving us more ISK or "believing in us"?
Perfect timing IUSEYOURKode. For an alleged director of an "ISV (based in the UK) that also does a fair bit of high-end mission critical network and infrastructure solutions, licensing and hardware financing ("value added services")" having a newborn in hospital, posting fake EMMA cracks and pushing himself to exhaustion to postpone the release of an nonexistent program (aimed at consolidating the interest for your Bitter trading company scam IPO) you do have a lot of time on your hands buddy.
Now if you'll excuse me, I have to be on a flight in four hours, and my cat has just come in to heat (the incessant yowling ¼_¼). Thankfully though, my wife has managed to fall asleep (which during the 3rd trimester seems to be a tad hard to do). So, I'm gonna grab a nap for a couple of hours (if I can). :)
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Brock Nelson
Caldari Flux Technologies Inc
|
Posted - 2009.06.22 12:22:00 -
[59]
James Tundra Investment Fund Audit Result
Financial Analysis A quick overview of JamesÆ transaction shows heavy trading in some minerals has turned sizeable profit on each mineral. HereÆs an overview on some of the minerals:
MineralMargin Zydrine34% Isogen22%
He has also been purchasing ores which may have been transferred to Tash-Murkon Prime Industries for refining as none of his characters have the skillset or standing to ensure perfect refining. Ji Sama has confirmed this. I wonÆt get into the refinery part of his business as itÆs more difficult to figure out which mineral came from which ore.
With ships and modules, James has also been producing a sizeable profit margin for most of his items. Here are some examples of his items and the margin on them:
ItemMargin Hurricane7.8% Memory Augmentation - Standard8.9% Occular Filter - Standard4.9% Crystal Alpha2.6%
Of course the above items are low profit margins, I wonÆt report any more items except that James is making an average of 21.7% margins in his trading with the highest being 111.8%.
His alt has no transaction.
Final Note IÆve also confirmed that JT has returned all of the previous investorÆs isk plus 7.5% interest.
IÆve combed through JTÆs transaction and have found no strange transaction, no player donation from unknown that isnÆt explained. No red flag is found. I however, found it strange that James has access to all of TMP divisions as I was able to download all 7 corporation wallets. |

YouGotRipped
Ewigkeit
|
Posted - 2009.06.22 12:39:00 -
[60]
Edited by: YouGotRipped on 22/06/2009 12:44:13
Originally by: Brock Nelson I however, found it strange that James has access to all of TMP divisions as I was able to download all 7 corporation wallets.
As far as I'm aware you'd have to be in privileged position (director) for someone to be able to download the transactions history for all 7 corp wallets via the API.
Black Sun Empire |

Brock Nelson
Caldari Flux Technologies Inc
|
Posted - 2009.06.22 12:43:00 -
[61]
Edited by: Brock Nelson on 22/06/2009 12:43:22
Originally by: YouGotRipped Edited by: YouGotRipped on 22/06/2009 12:42:10
Originally by: Brock Nelson I however, found it strange that James has access to all of TMP divisions as I was able to download all 7 corporation wallets.
As far as I'm aware you'd have to be in a director position for someone to be able to download the history of all the 7 corp wallets via the API.
There you go, I found it strange that a public IPO being run by Ji Sama would have an outsider with a director's access to TMP. That would be something that investors for TMP should be concerned about. |

Kazzac Elentria
|
Posted - 2009.06.22 12:53:00 -
[62]
Originally by: Brock Nelson
There you go, I found it strange that a public IPO being run by Ji Sama would have an outsider with a director's access to TMP. That would be something that investors for TMP should be concerned about.
You have to have the financial auditor role or above, basically director level access.
That is a giant issue that should be addressed by both parties. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 13:58:00 -
[63]
Its called transparency, and JT doesnt have access to all TMPI wallets, as stated Repeatedly he has access to the TMPI Representations account, worth 100-250M He can see the transactions on all the corp wallets, as can EVERYONE within TMPI. Seeing transactions is NOT the same as having access to all of TMPI wallet divisions.
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 14:00:00 -
[64]
Originally by: Kazzac Elentria
Originally by: Brock Nelson
There you go, I found it strange that a public IPO being run by Ji Sama would have an outsider with a director's access to TMP. That would be something that investors for TMP should be concerned about.
You have to have the financial auditor role or above, basically director level access.
That is a giant issue that should be addressed by both parties.
WRONG, you need the role of ACCOUNTANT, auditor has nothing to do with it! |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 14:06:00 -
[65]
JT has the following roles within TMPI
General: Accountant Station: Rent Office & Trader Accounting: Wallet Division 7 i.e. TMPI Representations Account HQ Hangar: Query all 7 hangars + Take rights to TMP Warehouse i.e. hangar 1 Based Hangar: Query all 7 hangars + Take rights to TMP Warehouse i.e. hangar 1 Other Hangßr: Query all 7 hangars + Take rights to TMP Warehouse i.e. hangar 1
He also have the title of Marketing Officer, this title has no roles. |

Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
|
Posted - 2009.06.22 14:06:00 -
[66]
Originally by: cosmoray I have some problems with these bonds:
2. All your previous investors were primarily the SCC / TMP group. This "might" be considered use of ALTS or partners to create trust.
Now the problem is that your partner Ji Sama won't even invest in this latest offering. If your buddy doesn't trust you, why should anyone on here?
Personally when your own partners and previous investors think this is a bond too far, I
I am not with TMP and can confirm that previous investments were profitable with JT. That says little about this offer but just wanted to note |

Xiu Liang
Xiu Liang Manufacturing
|
Posted - 2009.06.22 14:21:00 -
[67]
Our board of directors has met and determined that the risk factor of this investment opportunity is not significant. Therefore, we would like to reserve 1 bond for 500 million ISK @ 10% interest.
|

Azerath
Brotherhood of Suicidal Priests KIA Alliance
|
Posted - 2009.06.22 14:44:00 -
[68]
500mil reservered -------------------------------------------- |

LJB
|
Posted - 2009.06.22 15:06:00 -
[69]
Edited by: LJB on 22/06/2009 15:06:38 500 Mill isk reserved = 1 bond pending Audit
|

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.06.22 15:08:00 -
[70]
Originally by: LJB Edited by: LJB on 22/06/2009 15:06:38 500 Mill isk reserved = 1 bond pending Audit
Audit was already performed, and is here. http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1102089&page=2#59
|

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.06.22 15:09:00 -
[71]
This concludes the reservations part of this bond offering, all ISK should be transfered to me on saturday, any isk not recieved by monday will mean a forfeiture of your reservation.
An evemail will be sent out reminding all investors.
Thanks guys!
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 15:17:00 -
[72]
we are still waiting on the answer from kazzac or shar.... imo. |

Kazzac Elentria
|
Posted - 2009.06.22 15:27:00 -
[73]
I evemailed JT, I am catching up on RL things and have current obligations here that prevent my availability for the next few weeks. |

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.06.22 16:22:00 -
[74]
Unfortunately both individuals who have been mentioned for an audit have been unavailable. The only option for an additional auditor would be Caleb Ayrania, who has a conflict of interest. If any investors have any additional ideas, feel free. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 18:09:00 -
[75]
well james that settles it then :D gl with your bond, will transfer iskies on saturday.
TMPI |

JManZA
Blood Money Bootcamp
|
Posted - 2009.06.22 18:35:00 -
[76]
I'd like to reserve a bond in the event of anyone dropping out.
|

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.22 20:18:00 -
[77]
Edited by: Vaerah Vahrokha on 22/06/2009 20:20:14
Quote:
Unfortunately both individuals who have been mentioned for an audit have been unavailable. The only option for an additional auditor would be Caleb Ayrania, who has a conflict of interest. If any investors have any additional ideas, feel free
Hell, let me do it, it's still better than having no audit at this point imho. 
Edit: made the post look like it's vaguely in English at last. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 20:23:00 -
[78]
brock did perform an audit. kazzac meant a second audit was needed. |

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.22 20:32:00 -
[79]
Originally by: Ji Sama brock did perform an audit. kazzac meant a second audit was needed.
Sorry you catched me while my "Tribal Issue" post was up. I translated it into English now 
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.22 20:34:00 -
[80]
well tbh i think its a great idea. a win - win for you and james
TMPI |

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 00:15:00 -
[81]
Just in to say I have asked JT if he'd was OK for an audit.
Not only he accepted, but he was very expansive about what I may disclose (i.e. some names and whatever I personally find relevant).
The audit will have to be made later today though, as the transactions and journal for his character and TMP were both on "cooldown" from someone else's previous query. Anyway EMMA states he's not CEO nor Director and cannot access some of the TMP informations, in accord with what said by Ji Sama.
|

Brock Nelson
Caldari Flux Technologies Inc
|
Posted - 2009.06.23 12:31:00 -
[82]
Sure, now he can't access TMP wallet info because I was able to download all 7 wallets for the audit last week |

Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
|
Posted - 2009.06.23 12:37:00 -
[83]
Originally by: Brock Nelson Sure, now he can't access TMP wallet info because I was able to download all 7 wallets for the audit last week
nice  |

YouGotRipped
Ewigkeit
|
Posted - 2009.06.23 12:49:00 -
[84]
Edited by: YouGotRipped on 23/06/2009 12:53:48
Originally by: Brock Nelson Sure, now he can't access TMP wallet info because I was able to download all 7 wallets for the audit last week
Someone has not been entirely honest with us, but who?
First of all let me note that given the number of Riethe alts that invested in this offering, I'm quite confident a scam is not imminent.
We'll meet again with Mr. James Tundra and other Riethe alts when he'll be asking for 15 bills.
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 12:52:00 -
[85]
Edited by: Ji Sama on 23/06/2009 12:55:29
Originally by: Brock Nelson Sure, now he can't access TMP wallet info because I was able to download all 7 wallets for the audit last week
ofcourse im sure, what kind of question is that. why dont you just call me a complete idiot. all the work i put into TMPI, and i would just go ahead and throw director roles at who ever wanted to join TMPI?
EDIT: I Cant Say This Any clearer; James have the ACCOUNTANT role, and that gives him VIEW rights to all 7 wallets, EVERY member of TMPI gets this role, because we operate in a completely transparent corporation.
VV did the audit and verified so far that James DOES NOT have any director roles nor does he have access to any wallet except TMPI Representation Account! |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 12:58:00 -
[86]
Originally by: Ji Sama JT has the following roles within TMPI
General: Accountant Station: Rent Office & Trader Accounting: Wallet Division 7 i.e. TMPI Representations Account HQ Hangar: Query all 7 hangars + Take rights to TMP Warehouse i.e. hangar 1 Based Hangar: Query all 7 hangars + Take rights to TMP Warehouse i.e. hangar 1 Other Hangßr: Query all 7 hangars + Take rights to TMP Warehouse i.e. hangar 1
He also have the title of Marketing Officer, this title has no roles.
now read this again brock! |

Viktor Raybach
|
Posted - 2009.06.23 13:06:00 -
[87]
I just want to touch on one part of this:
Originally by: Ji Sama
VV did the audit and verified so far that James DOES NOT have any director roles nor does he have access to any wallet except TMPI Representation Account!
I don't see any completed audit by VV... |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 13:07:00 -
[88]
Originally by: Vaerah Vahrokha Just in to say I have asked JT if he'd was OK for an audit.
Not only he accepted, but he was very expansive about what I may disclose (i.e. some names and whatever I personally find relevant).
The audit will have to be made later today though, as the transactions and journal for his character and TMP were both on "cooldown" from someone else's previous query. Anyway EMMA states he's not CEO nor Director and cannot access some of the TMP informations, in accord with what said by Ji Sama.
|

Viktor Raybach
|
Posted - 2009.06.23 13:09:00 -
[89]
Originally by: Ji Sama
Originally by: Vaerah Vahrokha Just in to say I have asked JT if he'd was OK for an audit.
Not only he accepted, but he was very expansive about what I may disclose (i.e. some names and whatever I personally find relevant).
The audit will have to be made later today though, as the transactions and journal for his character and TMP were both on "cooldown" from someone else's previous query. Anyway EMMA states he's not CEO nor Director and cannot access some of the TMP informations, in accord with what said by Ji Sama.
Yes, I can read that. VV specifically says 'the audit will have to be made later', you state that 'VV did the audit'.
One is future tense, one is past tense.
|

YouGotRipped
Ewigkeit
|
Posted - 2009.06.23 13:10:00 -
[90]
Edited by: YouGotRipped on 23/06/2009 13:11:59
Originally by: Ji Sama
why dont you just call me a complete idiot. all the work i put into TMPI, and i would just go ahead and throw director roles at who ever wanted to join TMPI?
How did Lecherito and James Tundra end up in TMPI? The detailed story please.
P.S. I'm only trying to help you. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 13:15:00 -
[91]
Originally by: Viktor Raybach
Originally by: Ji Sama
Originally by: Vaerah Vahrokha Just in to say I have asked JT if he'd was OK for an audit.
Not only he accepted, but he was very expansive about what I may disclose (i.e. some names and whatever I personally find relevant).
The audit will have to be made later today though, as the transactions and journal for his character and TMP were both on "cooldown" from someone else's previous query. Anyway EMMA states he's not CEO nor Director and cannot access some of the TMP informations, in accord with what said by Ji Sama.
Yes, I can read that. VV specifically says 'the audit will have to be made later', you state that 'VV did the audit'.
One is future tense, one is past tense.
True and i blame my bad english for this misunderstanding, also i didnt get any sleep at all so i apologize for beeing on the edge. My point was however completely missed by you: James does not have director roles PERIOD.
TMPI |

Viktor Raybach
|
Posted - 2009.06.23 13:20:00 -
[92]
Originally by: Ji Sama
True and i blame my bad english for this misunderstanding, also i didnt get any sleep at all so i apologize for beeing on the edge. My point was however completely missed by you: James does not have director roles PERIOD.
I don't care about the director roles, frankly, as I don't have any investment at stake here, so no I hadn't missed it, it was irrelevant to me.
The probity of an audit is another matter. You stating that the audit was done meant either a) you mispoke and it hadn't been done or b) You'd been privately informed of the outcome some time before it was made public. It was b) that I was concerned with hence raising the issue.
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 13:25:00 -
[93]
thank you for explaining that victor, i know i tend to clinch with you, but i have respect for your business insight, and much needed critical eyes.
TMPI |

YouGotRipped
Ewigkeit
|
Posted - 2009.06.23 13:26:00 -
[94]
Originally by: Ji Sama thank you for explaining that victor, i know i tend to clinch with you, but i have respect for your business insight, and much needed critical eyes.
That's right Sally, pull the respect card, it's all that's left in your hand.
Black Sun Empire |

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 13:39:00 -
[95]
Quote:
I don't see any completed audit by VV...
As full explaination to my post:
- the API was partially locked due to "cooldown". - EMMA was still able to access and report the error return code for attempting a full wallet access. - I felt like reporting about that before completing the audit, in order to see the possible flames being toned to reasonable amounts.
|

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 13:41:00 -
[96]
Audit report for this business proposal
This is Vaerah Vahroka's analysis as of 2009-06-23 05:08 EvE Time.
Short version
James Tundra's bond is a fairly high risk investment. Though the above statement deserves better definitions:
Red flags
- Rapid growth, repeated expansion in a short time span. Apparent likeliness of rushing expansions to escalate investors bona fide leading to a final crack and scam. - Young age of the character. - Limited ability to liquidate in case of default. - Might be a middle step to a large scam.
Green flags
- The trading practices shown in the available records are effective and don't cause burnout. - Two successful previous bonds. - Some bigger, related organization putting their face on the Investee. In case of default they might step in and help refunding the creditors, in order to keep their credibility. - His in game interview tends to converge on the reasons he's expanding so soon. - Auditor feeling based on the records: the Investee is capable enough that, even if he would be a scammer, he is quite unlikely to trigger the scam at this point, he is still not "spent". Even if he's going to scam, he's probably going to do it with a 20B+ amount and thus is not affecting this specific business. This, curiously, coincides with the conclusion drawn by YGR / LRN.
Conclusion Considered the above factors, the Auditor is confident enough in the investee capabilities to generate the stated profit for this bond. The Auditor is not endorsing the validity of this audit in case of further expansions, they will need a careful further assessment. The Auditor suggests prudent diversification in the investments and to risk no more that what might be lost without heavy repercussions.
Basically, a thumbs up but with some reserves.
(Notice this conclusion is the copy of the full audit conclusion).
|

JManZA
Blood Money Bootcamp
|
Posted - 2009.06.23 13:42:00 -
[97]
For what its worth I'd like to reserve a bond in case anyone drops out. |

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 13:43:00 -
[98]
Edited by: Vaerah Vahrokha on 23/06/2009 13:46:11 Full audit
Tools used EvEMon EMMA EvETrader EvEMeep EvEWalletAware EvE Asset Manager
Forewords
Due to the Investee high activity and the contrasting MD sentiment about Him, the Auditor wanted to go beyond a snapshot audit based on numerical data. As such data have been gathered and compounded with a well beyond 1 hour long, pressuring (some times hammering) in game interview. The interview is not going to be disclosed due to it touching delicate personal life and James fundamental business strategies. It had an impact on the risk assessment conclusions, as it'll be stated later. The Auditor has been offered a fee but declined anything but a free donation, in order to retain serenity of judgement. Finally, as usual, this Auditor has gathered an host of information, for Investors to form their own, fairly informed opinion.
Generalities
The main character is James Tundra, Tash-Murkon-Prime Industries.
The character is an early 2007 one and has 5.27M SP. The age does not match with the expected SP due to him quitting the game from early 2007 to early 2009. Despite the age, this character is "young". The character SP mainly consists of a mix of trading skills, industry, some basic refining and processing entry level minerals. The character is able to pilot a Gallente freigther, a mining barge, transports and up to Gallente cruisers The character looks like very, very highly optimized, to the point this raised some cautionary red flag reported later. The character posted about 80 times on the forums, mostly about his business or market related. Prominent names recurring in his threads are Lecherito and Ji Sama. The character got no real high standings. Despite this, his marketing strategy is not heavily impacted (as stated later). A substantial part of James Tundra's business is done in Minmatar space and Jita.
William Tundra, his only alt is basically a default new character (5000 ISK, 57k SP, very few and low trained skills).
|

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 13:43:00 -
[99]
Considerations
Red flag: in case the business goes wrong the character does not look like to be able to immediately refund the whole amount. On the other side, given sufficient capital, he's able to achieve 30-100% gains with ease.
Red flag: the character is debated due to his recent appearance on the public market. Moreover there are a spectrum of accusations and rumors. The Auditor performed an extensive and intrusive interview, revealing that some common statements like "Ji Sama head hunted Joe Tundra" are reasonably likely to be false. Pending James authorization, the Auditor has a partial transcript that may be shown to a top trusted institution to confirm these conclusions. The Investee revealed the inner reasons for him to trade, for trading in such an expansive way and they look plausible enough.
Red flag: the first, "skin" reaction by the Auditor has been to ask James who is his real main account. He happens to fulfill several odd coincidences that would indicate "fake alt sign": too perfect of a min maxed build, training for best implants skills, almost zero combat skills like he's a "trade / craft alt". Moreover he's basically the one character in a 2007 account (the other character is a "day zero pilot"). Why this if not because there was some combat account elsewhere? Why the very low standings? Why the inactivity? James spent a very, very long time to explain his version of the truth. The Auditor indeed got revealed about a previous and now abandoned other account (including its name), a vanilla missioneer, which would explain i.e. why James build was not affected by the usual "newbie" mistakes at stats allocation. Both accounts would have been quit at a certain point as James temporarily left EvE. When he came back, he did not like missioning any more and started a new life in the corporations he disclosed, till his meeting with Ji Sama. The Auditor had no access to further accounts past this point, so the "alt" doubts are not completely satisfied beyond any possible doubt.
Red flag: the character is not providing for collateral nor for asset lockdown. The Auditor verified that the only true worthwhile asset is a freigther and that asset cannot be locked down since it is vital for the continued business. His cash reserve is also needed to allow for his marketing model to work. This means, that indeed there's no collateral of note but that this is not due to easily detected ill intentions.
Minor red flag: James has access to TMPI wallet. He has no Director role though.
Minor red flag: there's no provision in case the Investee suffers from real life accidents.
Green flag: James willingly submitted himself to a quite harsh, long interview where the Auditor did not spare any suspect nor accusation. He was patient and ready to answer. He explained his business procedure, his past, present and future plans and the reasons why he looks "attached" to Ji Sama (the Auditor won't disclose any of the details except after direct authorisation).
Green flag: James gladly accepted being audited in the past and in the present, his records look pretty solid, "predictable" with no convolutions and tricks of sorts.
Green flag: James looks like a race horse, not a runt. Even in case he is building up a scam, he's worth enough raising a quite larger sum than 5B. It looks counter-productive for him to run with the cash at this point, he can raise a lot more in case he plans to do this. The other face of the coin is, the Auditor suggests often Auditing in the next bonds.
Involvement in other business James Tundra appears related to the TMP Industry, there are mutual and continued interests between him and Ji Sama.
|

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 13:44:00 -
[100]
Business Plan Analysis The business plan is pretty straigthforward: raise a bond to provide for more funds to larger trade investments. The Auditor wanted to double check with the logs for its concrete application. (Notice: the following is disclosed because it's public knowlege stated in earlier or in the current bond offers.)
The Investee indeed started as mineral trader as per his former bond statements. He then broadened up his horizon and went for in depth research of underdeveloped market niches. He hand picks few very underpriced but important assets and resells them for a 30-100% markup. This has the negative side of requiring a freigther (when the goods are big) and of requiring cash commitments ranging from 50M to 300M with peaks of 1000M per single transaction. The positive side is that the volume of taxes is kept relatively low and most of all, it's not a burn out, frantic style of marketing. This raises a green flag because avoiding burnout is a feature not all proposed businesses may guarantee.
The records show a margin safely good enough to grant for the proposed return rate, pending Investee continued commitment to the task.
Net Asset Value and other balance considerations The estimated net worth of all liabilities, solid & liquid assets is about 2.7B. Due to the adopted marketing strategy, the NAV floats in a very visible way, even by multiple billions. Of the 2 characters, James is the only subject of transactions. Assets are estimated to 941.4M.
Assets values POS: 0 Fleet: 780M Modules: 6.9M Misc. solid assets; minerals, salvage, ice and trade goods etc.: 3.4M Blueprint copies and originals: about 0M Market sell-order: 801M Market buy-order: 107M Contracts: 0M Liquid Capital: 967MM Investments: 0M Ordered assets under construction: 0M Other: About 56M
Estimated total: 2.7 Billion ISK
Risks The largest risk of (partial) failure involves an unfortunate market research leading to investing a large amount of cash that will sit immobilized. This would lead to a postponed date for dividends. Despite the character youth, he shows good trading knowledge with such kind of budget and thus it's possible to remove inexperience as a business risk. James disclosed where such knowledge comes from, but the Auditor feels it's ininfluential to detail about that.
The risk of scam is not zero. The risk is mitigated by the fact James would do a really bad deal at scamming right now, far below his personal capabilities to raise funds. The risk of James of being a doctored alt is not zero either. He mostly managed to convince the Auditor about his genuine intentions and good faith but not at 100%.
Conclusion Considered the above factors, the Auditor is confident enough in the investee capabilities to generate the stated profit for this bond. The Auditor is not endorsing the validity of this audit in case of further expansions, they will need a careful further assessment. The Auditor suggests prudent diversification in the investments and to risk no more that what might be lost without heavy repercussions.
Basically, a thumbs up but with some reserves.
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 13:45:00 -
[101]
Very good audit, and since im already ingaged here ill commment on your audit, as you raise several red flags.. |

Dzil
Caldari Flux Technologies Inc
|
Posted - 2009.06.23 13:58:00 -
[102]
Originally by: Vaerah Vahrokha
Green flag: James looks like a race horse, not a runt. Even in case he is building up a scam, he's worth enough raising a quite larger sum than 5B. It looks counter-productive for him to run with the cash at this point, he can raise a lot more in case he plans to do this.
I don't want to take part of your audit out of context, but hopefully I can offer a different sort of spin on this. It's this exact logic that got investors in trouble with the 720 and YGR scams. James' assets, prior successes, continued contributions to MD and EVE trade in general and backing by TMP industries are green flags: that this is simply the wrong stepping stone on which to scam is NOT a green flag. Trusting scammers to min-max by some form of logic is a losing bet. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 14:07:00 -
[103]
Originally by: Dzil
Originally by: Vaerah Vahrokha
Green flag: James looks like a race horse, not a runt. Even in case he is building up a scam, he's worth enough raising a quite larger sum than 5B. It looks counter-productive for him to run with the cash at this point, he can raise a lot more in case he plans to do this.
I don't want to take part of your audit out of context, but hopefully I can offer a different sort of spin on this. It's this exact logic that got investors in trouble with the 720 and YGR scams. James' assets, prior successes, continued contributions to MD and EVE trade in general and backing by TMP industries are green flags: that this is simply the wrong stepping stone on which to scam is NOT a green flag. Trusting scammers to min-max by some form of logic is a losing bet.
exactly so. and also the reason that this whole thing looks like a step stone scam imo.. also the reason i advised against this expansion. but james insistence on expanding should imo be a green flag, because a pro scammer would know this, and also wouldnt go for the fast profit, especially not with all the time and effort james has put into this game as of late. imo it would be really stupid to run off with 5B and not prove a valuable isk per day venture!
but the red flags cant be denied.....
TMPI |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 14:13:00 -
[104]
Originally by: Ji Sama Edited by: Ji Sama on 23/06/2009 14:03:10
2: I actually did recruit james, and it would not be wrong to say he was headhuntet, but he joined of his own free will ofcourse
Hmmm, i think my memory is playing with me, it seems we cant agree on wether i headhuntet him, or he headhuntet the corp. suffice to say, we both had an active part in james joining TMPI!
TMPI |

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.06.23 14:19:00 -
[105]
Vaerah Vahrokha, thanks for the swiftness of your audit, as well as killing your own sleeping time to ensure it was done correctly and with haste.
First, TMP has not stated, and does not plan to back this bond in any way.
Secondly, in case of a major loss, I have approximately 2 billion in combined liquid and assets to cover any losses, as well as several investors would would be willing to extend their investments to cover any loss. While I can not guarantee against a scam, given a major loss I will do my best to try and recover as much investors funds as possible.
Thirdly, I do not intend to change my API unless it is taken advantage of in some way, If anyone who has audited my financials wishes to ensure I continue trading that is perfectly acceptable. The people with my API at the moment are as follows:
Caleb Ayrania Brock Nelson Vaerah Vahrokha
If any investors have questions about what was stated I'd be more than happy to answer it, either on this forum or via a conversation in game.
Investors have until thursday to back out of their reservations with zero penalties
|

Vaerah Vahrokha
Minmatar Dark-Rising
|
Posted - 2009.06.23 14:46:00 -
[106]
Quote:
James' assets, prior successes, continued contributions to MD and EVE trade in general and backing by TMP industries are green flags: that this is simply the wrong stepping stone on which to scam is NOT a green flag. Trusting scammers to min-max by some form of logic is a losing bet
I can see your point, it's quite logical and immediate.
I will point out, though, that EvE is not a place where to find any safe spot. Everyone, I repeat, everyone may be a rotten scammer and even with API keys we cannot really be SURE the guy did not doctor the whole environment. It's only possible to look for odd signs, "smell" dubious stuff, research for history and other empyrical and partial proofs.
But being 100% sure? No, not really possible if the guy is really smart.
So what to do? Stop investing or risking?
The super tight Investor will go for the super-safe, extra backed projects yielding 3.5-4%. Case closed.
The others want more potential income, more income does not come for free. So they'll have to deal with potential scamming and whatsnot. They *choose* to risk when the auditor says "high risk investment".
Yes, there are red flags ringing around, yes it's high risk, yes it's precisely stated to not invest what you cannot afford to lose. At this point it's a bet against a potential scam, whose only "guarantee" is that is such a small scam (for this specific Investee, for less talented others it's plenty enough) that *even if James was a rotten scammer* he would not scam yet.
It's why I say beware for the next expansions, because, assuming he's a scammer, the "jackpot" goes up till the breaking thresold.
In this Russian roulette, you the Investor, can choose when to stop pressing the trigger.
Quote:
First, TMP has not stated, and does not plan to back this bond in any way
I know. But the blow would be so large Ji Sama would commit reputation suicide by not covering a default. This is why I consider this a factor.
Quote:
Secondly, in case of a major loss, I have approximately 2 billion in combined liquid and assets to cover any losses, as well as several investors would would be willing to extend their investments to cover any loss.
Given the nature of the perceived risk and your past performance, I think I am not too bold to state that Investors have a way greater fear of a run with the money than a default. ATM this fear finds no recovery guarantee nor security, as duly noted.
|

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 14:59:00 -
[107]
Very true VV. It would be public suicide. (if i didnt cover the losses, but as stated i have not said and cannot say i would do such a thing.) We can always talk hypotheticals! as kazzac stated on page one. or was it cosmo? doesnt matter.
that we fly and fall together.... that is a fact, and not one that was orcestred. I can see this more clear now that before. TMPI's rep is on the line with every investment we make, and every offer we make! |

Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
|
Posted - 2009.06.23 16:00:00 -
[108]
Very nice audit, will keep you in mind should a need arise  |

cosmoray
Cosmoray Construction
|
Posted - 2009.06.23 16:39:00 -
[109]
Originally by: Caleb Ayrania Soz to OP, but I have to clear this up a bit..
The alleged circle jerk that keeps getting mentioned is a bit out of proportions..
SCC-Lounge was founded by me, and from that a handful of projects to improve connections in the MD grew. Among these are the SCS and the EVE-Expo.
Through the launch of TMP's IPO I got to know Ji Sama, and have talked alot with him and ended up recruiting him into the same alliance as me, since industrialists were needed.
After I did James Tundras IPO Ji Sama headhunted JT into TMP. Which is why I could no longer personally handle his audit as I would be deemed biased. I would like to note that I have no investment in JTs bond, and I did conclude his bond to be high risk.
I have dealings and investments in TMP, and I am now by proxy affiliated with JT. That does not however mean I am in any ways signing my name to either Ji Sama, JT, or their respective businesses. I have been objective in my assessments of their activity, and was not biased and involved with them at the time of my audits and brokering.
@Cosmo: If affiliation post facto is a trust breaker then dealing in MD becomes rather hard, since its not that big and everyone will eventually have some type of close business dealings with each other. Especially if like me you prefer to deal with as many talented people as possible.
Thanks for the explanation. I would advise you to be careful about your affiliations with high risk IPO's. Although you I am comforatble with your statements it can act to the detrement to any corp or alliance if it contains corps or players who either have failed or scammed businesses. Personally I would put a bit further distance when public funds are at stake, and have the corp standing on its own. |

Caleb Ayrania
Gallente TarNec Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 22:42:00 -
[110]
Originally by: YouGotRipped Edited by: YouGotRipped on 23/06/2009 13:11:59
Originally by: Ji Sama
why dont you just call me a complete idiot. all the work i put into TMPI, and i would just go ahead and throw director roles at who ever wanted to join TMPI?
How did Lecherito and James Tundra end up in TMPI? The detailed story please.
P.S. I'm only trying to help you.
Have to admit I am beginning to see the humour. Being this persistent in seeing Riethe alts everywhere is actually hilarious.
Soz if I missed the idea earlier.. I get it now.. Thumbs up YGR 
- Money is Love - Sometimes it just gets bend the wrong ways.
Feed your Brain:
Innovation Thread |

YouGotRipped
Ewigkeit
|
Posted - 2009.06.23 22:44:00 -
[111]
Edited by: YouGotRipped on 23/06/2009 22:46:32
Originally by: Caleb Ayrania
Soz if I missed the idea earlier.. I get it now.. Thumbs up YGR 
Not to worry, for now you're doing a wonderful job but I haven't got to read your posts from 2004 
Black Sun Empire |

Caleb Ayrania
Gallente TarNec Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.23 23:01:00 -
[112]
Originally by: YouGotRipped Edited by: YouGotRipped on 23/06/2009 22:51:15
Originally by: Caleb Ayrania
Soz if I missed the idea earlier.. I get it now.. Thumbs up YGR 
Not to worry, for now you're doing a wonderful job (only a few slipups), I didn't get to read your posts from 2004 though 
The good old days.. Back when men were men and the women were only playing casual games. It was when head banging at game flaws and feature lack made you go on till blood poured from your ears, and then if you had been so stupid to volunteer for proto-CSM you had to defend yourself to a crowd that thought stocks was something on rifles.
|

Brock Nelson
Caldari Flux Technologies Inc
|
Posted - 2009.06.24 00:28:00 -
[113]
Originally by: Ji Sama Edited by: Ji Sama on 23/06/2009 13:06:38
Originally by: Brock Nelson Sure, now he can't access TMP wallet info because I was able to download all 7 wallets for the audit last week
EDIT: i see what you did there brock, and that is a bad debate tactic, NOW your saying accessing INFO, ive said from the start that he had VIEW RIGHTS ie. he can ACCESS the INFO, but he CANNOT CHANGE HIS DIVISION ie. he is stuck with withdrawing from the representations accounts. (im not gonna go over this any further)
ofcourse im sure, what kind of question is that. why dont you just call me a complete idiot. all the work i put into TMPI, and i would just go ahead and throw director roles at who ever wanted to join TMPI?
EDIT: I Cant Say This Any clearer; James have the ACCOUNTANT role, and that gives him VIEW rights to all 7 wallets, EVERY member of TMPI gets this role, because we operate in a completely transparent corporation.
VV did the audit and verified so far that James DOES NOT have any director roles nor does he have access to any wallet except TMPI Representation Account!
Originally by: Brock Nelson Sure, now he can't access TMP wallet info because I was able to download all 7 wallets for the audit last week
Read this again, did I say ANYTHING beyond the fact that I could download all 7 of your corp wallet? No. So, who's the idiot? What debate? I made a fact and you blew it out of proportion. The fact that you have a outburst once in awhile shows that you have an attitude of a 12 years old playing WOW and arguing on the internet because someone on it is wrong. |

Dzil
Caldari Flux Technologies Inc
|
Posted - 2009.06.24 03:28:00 -
[114]
Originally by: YouGotRipped Edited by: YouGotRipped on 23/06/2009 12:57:24 Splendid scheme... looks more like begging to me. James Tundra, Gabriel Virtus, Kouryusei, Bankimus, and so on...
Does anyone know what they all have in common? I'll pay 100m isk for the right answer.
Waffles, are always the right answer. |

Troyd23
Zenislev Contingent Legem Terrae
|
Posted - 2009.06.24 03:52:00 -
[115]
I approve of the above post. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.24 09:29:00 -
[116]
Edited by: Ji Sama on 24/06/2009 09:30:00
Originally by: Brock Nelson Edited by: Brock Nelson on 22/06/2009 12:43:22
Originally by: YouGotRipped Edited by: YouGotRipped on 22/06/2009 12:42:10
Originally by: Brock Nelson I however, found it strange that James has access to all of TMP divisions as I was able to download all 7 corporation wallets.
As far as I'm aware you'd have to be in a director position for someone to be able to download the history of all the 7 corp wallets via the API.
There you go, I found it strange that a public IPO being run by Ji Sama would have an outsider with a director's access to TMP. That would be something that investors for TMP should be concerned about.
Yes you only said access i see that now.  And i never called you an idiot, i said i would be an idiot for not knowing what roles and access clearance my members have.
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Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
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Posted - 2009.06.24 09:32:00 -
[117]
it all comes down to how you define access. in my world access is the RIGHT to withdraw. in your world its access to VIEW the wallets.
take it for what it is a misunderstanding.
but you did say that i had given director roles to james; and that was false. then we can continue to debate what access means.
(in my world it means you can come in and out)(in the case of wallets, it means you can deposit and withdraw.)
and its very poisible that i am wrong! so lets just leave it at that :D |

Brock Nelson
Caldari Deep Core Mining Inc.
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Posted - 2009.06.24 12:33:00 -
[118]
Quote: 2009.06.24 09:34 NO I HATE YOU NOW
-------------------- 2009.06.24 02:54 Hope there's no bad blood going on between us mate. Its all just fun and little bit of trolls eh?
Brock
YAY! My first hate mail! |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.24 12:46:00 -
[119]
Edited by: Ji Sama on 24/06/2009 12:45:59
Originally by: Brock Nelson
Quote: 2009.06.24 09:34 NO I HATE YOU NOW
-------------------- 2009.06.24 02:54 Hope there's no bad blood going on between us mate. Its all just fun and little bit of trolls eh?
Brock
YAY! My first hate mail!
reported for publicly publishing public killmails in public!
TMPI |

Brock Nelson
Caldari Deep Core Mining Inc.
|
Posted - 2009.06.24 12:47:00 -
[120]
Originally by: Ji Sama Edited by: Ji Sama on 24/06/2009 12:45:59
Originally by: Brock Nelson
Quote: 2009.06.24 09:34 NO I HATE YOU NOW
-------------------- 2009.06.24 02:54 Hope there's no bad blood going on between us mate. Its all just fun and little bit of trolls eh?
Brock
YAY! My first hate mail!
reported for publicly publishing public killmails in public!
Love you too ;)
1 audit project in the works, 1 lined up |

Bankimus
EVE Wealth Management
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Posted - 2009.06.26 01:08:00 -
[121]
Is this still proceeding?
Haven't heard from OP in a while, deadline is today. |

James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.06.26 03:07:00 -
[122]
I'm proud to announce that no one has so far backed out of their reservations. The bond is going to proceed, and will launch this weekend, technically Monday.
All ISK should be transferred Saturday and Sunday, any reservations not fulfilled by Monday, will be canceled.
Feel free to evemail me with any questions. |

Ji Sama
Caldari Tash-Murkon Prime Industries Sex Drugs And Rock'N'Roll
|
Posted - 2009.06.26 09:07:00 -
[123]
500M isk send |

James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.06.27 00:10:00 -
[124]
Investors should send their ISK on either Saturday or Sunday to confirm their reservations.
On a side note: William Tundra, the previously unused alt, is now being used as a Jita trader. Future audits will show many ISK transfers between the two characters as well as item exchanges. The usage of William Tundra is expected to greatly improve profit for the fund as a whole.
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Xiu Liang
Xiu Liang Manufacturing
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Posted - 2009.06.27 03:56:00 -
[125]
Our bursary office has wired you the funds via secure ISK transfer. Good luck with your proposed venture.
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ingenting
20th Legion Sodalitas XX
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Posted - 2009.06.27 10:32:00 -
[126]
Originally by: James Tundra Investors should send their ISK on either Saturday or Sunday
that makes no sense |

James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.06.27 15:17:00 -
[127]
Originally by: ingenting
Originally by: James Tundra Investors should send their ISK on either Saturday or Sunday
that makes no sense
Following the timeline, the bond starts on Monday. Thus ISK should be sent by Saturday or Sunday to ensure that their reservation is kept. Monday is an acceptable date, but if it ends up on Tuesday Central Standard Time, there will be an interest penalty.
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James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.06.28 06:45:00 -
[128]
Shameless Bump, 1 bond still available for 500m ISK.
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Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
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Posted - 2009.06.28 11:30:00 -
[129]
I'll re-invest 500m
Will transfer when servers kick back
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Miranda Zoar
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Posted - 2009.06.28 14:52:00 -
[130]
500m sent! |

Bankimus
EVE Wealth Management
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Posted - 2009.06.29 02:37:00 -
[131]
isk sent
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LJB
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Posted - 2009.06.29 13:03:00 -
[132]
Isk Sent.
LJB
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James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.06.30 18:38:00 -
[133]
The bond has launched with only one issue. It is now Tuesday, and Kouryusei has not fulfilled his reservation. If anyone would like to take his reservation for today at no interest penalty it is still available. Previous investors are welcome to expand their investment to include this reservation.
Kouryusei's reservation will be considered invalid unless he responds to this thread before anyone requests to take the reservation.
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James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.06.30 21:34:00 -
[134]
Originally by: James Tundra Edited by: James Tundra on 30/06/2009 19:32:09 The bond has launched with only one issue. It is now Tuesday, and Kouryusei has not fulfilled his reservation. If anyone would like to take his reservation for today at no interest penalty it is still available. Previous investors are welcome to expand their investment to include this reservation.
Kouryusei's reservation will be considered invalid unless he responds to this thread before anyone requests to take the reservation.
((EDIT)) Kour's reservation has been filled by LJB.
Good News! The bond is full, this bond is closing its research phase, which started as soon as ISK was transferred to fill reservations. So far approximately 2/3rds of the ISK is invested into various items. I believe the last auditor was planning on posting an update based on my trading, I'll try to contact him about that when I get the chance.
Thanks everyone!
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Vaerah Vahrokha
Minmatar Dark-Rising
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Posted - 2009.07.04 20:07:00 -
[135]
Edited by: Vaerah Vahrokha on 04/07/2009 20:09:35 Bond status update
This is Vaerah Vahroka's analysis as of 2009-07-04 19:30 EvE Time.
Tools used EMMA EvEMeep EvE Asset Manager
About the update This is an update and statement about current James Tundra assets and investment.
Net Asset Value and other balance considerations The estimated net worth of all liabilities, solid & liquid assets is about 7.4B. As announced, the alt "William Tundra" has been activated as business helper. Assets are estimated to 1.34B. Cash in Escrow: 2.9B Sell orders: 1.46B
Assets values POS: 0 Fleet: 1.1B but only a freigther looks like being actually used. In fact the modules are almost null. Modules: 1M Misc. solid assets; minerals, salvage, ice and trade goods etc.: 208.5M Blueprint copies and originals: 0M Market sell-order: 1.46B Market buy-order: 2.9B Contracts: 0 Liquid Capital: 1.7BM Investments: 0M Ordered assets under construction: 0 Other: About 30.5M
Estimated total: 7.4 Billion ISK
Orders portfolio The Investee is focusing on ships (both combat and industry), on a selection of T2 modules, minerals and rigs. The margins generally span from 3% and 30%, with outliers at -3% and 46%. (*)
Considerations Green flag: the Investee as of today is active and willing to discuss both about the present investment and about his future operations. Green flag: as of today the business looks like "running", the original assets are still here.
(*) The -3% article used to sell pretty well, caught me by surprise as well. - Auditing and consulting
Before asking for investors, please read http://tinyurl.com/n5ys4h and http://tinyurl.com/lrg4oz
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James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.07.05 00:11:00 -
[136]
Originally by: Vaerah Vahrokha
Assets values POS: 0 Fleet: 1.1B but only a freigther looks like being actually used. In fact the modules are almost null. Modules: 1M Misc. solid assets; minerals, salvage, ice and trade goods etc.: 208.5M Blueprint copies and originals: 0M Market sell-order: 1.46B Market buy-order: 2.9B Contracts: 0 Liquid Capital: 1.7BM Investments: 0M Ordered assets under construction: 0 Other: About 30.5M
Estimated total: 7.4 Billion ISK
I'd like to note a correction on this value, I currently have items to the tune of $618,700,000 stuck in Courier Contracts at the moment. The corrected NAV should be 8.01B ISK
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James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.07.11 06:04:00 -
[137]
The following EVEMail was sent out regarding Dividends, this will require a vote from investors.
Quote: There is going to be a bonus dividend paid to all investors, and I'd like if investors would vote on which they would prefer.
Notes: 120m reduction in NAV, withdrawal of previous accounts. 880m Freighter Buyback program will be delayed to end of bond
A. First payment 10% Interest, total payments 500,000,000.00 ISK First Interest Payment Second Payment 10% Interest, total payments 500,000,000.00 ISK Second Interest Payment Total ROI: 20% Interest
B. First Payment 5% Interest, total payments 250,000,000.00 ISK First Interest Payment Second Interest 17% Interest, total payments 850,000,000.00 ISK Second Interest Payment Total ROI: 22% Interest
These will both cost the fund the same in the end, the differance is the extra 250m compounding.
The option that receives the most votes will be approved and executed.
All votes should be sent via EVEMail.
Quote: [04:34:40] skilzrulz > SencneS, you have ZERO clue who I am, and what I have done for the EVE community.
[15:50:35] skilzrulz > RICDIC SCAMMED ME
[16:35:18] skilzrulz > James, why you poo
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James Tundra
Gallente Tash-Murkon Prime Industries
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Posted - 2009.07.13 06:54:00 -
[138]
Edited by: James Tundra on 13/07/2009 07:01:05 Edited by: James Tundra on 13/07/2009 07:00:14
Investment Info:
June Date - - - -Buy | Sell | Profit | Margin 06-26-2009--612.6|609.1|124.3|20.41% 06-27-2009--634.1|379.1|91.1|24.03% 06-28-2009--726.7|1060.7|297.9|28.09% Official Start of Bond 06-29-2009--605.2|21.3|4.6|21.60% 06-30-2009--448.2|420.4|69.8|16.60% Date - - - - -- - -Buy | Sell | Profit | Margin 07-01-2009--879.3|674.5|107.1|15.88% 07-02-2009--1451.9|1775.8|298.5|16.81% 07-03-2009--673.4|952.6|124.8|13.10% 07-04-2009--337.8|605.9|90.6|14.95% 07-05-2009--819.7|916.6|146.4|15.97% 07-06-2009--757.9|541.7|99.1|18.29% 07-07-2009--930.1|1144.3|189.6|16.57% 07-08-2009--482.1|323.1|37|11.45% 07-09-2009--916|630.4|112.3|17.81% 07-10-2009--833.5|607.7|128.4|21.13% 07-11-2009--493.6|982.6|154.2|15.69% 07-12-2009--958.7|643.2|129.6|20.15% Total- - - - ---12560.8|12289|2205.3|17.95%
According to this info, Initial Capital was cycled two and a half times over two weeks.
EMMA indicates average liquid ISK during this period was 1.73B ISK
Dividend will be sent out today at 10%, or twice guaranteed rate.
Quote: skilzrulz > SencneS, you have ZERO clue who I am, and what I have done for the EVE community.
skilzrulz > RICDIC SCAMMED ME skilzrulz > James, why you poor and I rich
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Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
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Posted - 2009.07.13 11:40:00 -
[139]
not online for a while so (A)
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Bankimus
EVE Wealth Management
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Posted - 2009.07.13 14:19:00 -
[140]
A ______________________________________ http://sites.google.com/site/evewealth |

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.07.13 19:18:00 -
[141]
Interest Payment sent at 10%:
EVEMail
Quote:
2009.07.13 19:15 This is my ledger of current Investments:
Azerath -- 500m Bankimus -- 500m Jadun -- 500m Ji Sama -- 500m Jowen Datloran -- 500m LJB -- 1000m Miranda Zoar -- 500m Saehta -- 500m Xiu Liang -- 500m
Total Investment: 5000m
The Dividend payments are as follows based on a 10% bi-weekly interest rate, or a 20% monthly interest rate:
100m: LJB
50m: Azerath Bankimus Jadun Ji Sama Jowen Datloran Miranda Zoar Saehta Xiu Liang
Dividend payments will be sent shortly
Quote: skilzrulz > SencneS, you have ZERO clue who I am, and what I have done for the EVE community.
skilzrulz > RICDIC SCAMMED ME skilzrulz > James, why you poor and I rich
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Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
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Posted - 2009.07.13 23:11:00 -
[142]
isk received
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Bankimus
EVE Wealth Management
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Posted - 2009.07.14 00:15:00 -
[143]
Div Payment Received ______________________________________ http://sites.google.com/site/evewealth |

Xiu Liang
Xiu Liang Manufacturing
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Posted - 2009.07.14 13:05:00 -
[144]
Our dividend payment has been received. Our board thanks you for this investment opportunity and wishes you luck for the remainder of the project.
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Dzil
Caldari StrwBerry Pancakes
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Posted - 2009.07.14 15:44:00 -
[145]
The title of this thread could be a tad bit better: couldn't you have like "Status: Paying on Schedule"? Closed to me indicates completion.
Also, congrats on what is, thus far, a successful offering. Keep up the good work!
-Dzil
---------------------- Dzil's Corp Sales - 200m for 7+ standings ---------------------- |

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.07.14 16:54:00 -
[146]
Originally by: Dzil The title of this thread could be a tad bit better: couldn't you have like "Status: Paying on Schedule"? Closed to me indicates completion.
Also, congrats on what is, thus far, a successful offering. Keep up the good work!
-Dzil
Sorry for the confusion! Good idea though, the title has been changed.
Quote: skilzrulz > SencneS, you have ZERO clue who I am, and what I have done for the EVE community.
skilzrulz > RICDIC SCAMMED ME skilzrulz > James, why you poor and I rich
|

James Tundra
Gallente Tash-Murkon Prime Industries
|
Posted - 2009.07.25 17:06:00 -
[147]
Edited by: James Tundra on 25/07/2009 17:14:27 Hey there guys, this is hopefully the final reply on this thread for me.
As of noon central time, all investments have been returned, and interest at 10% has been given.
The final details of the bond were:
Bond Value: 5,000,000,000 ISK Interest Paid: 1,000,000,000 ISK Interest %: 20% (Twice the guaranteed rate)
All interest payments were paid on time, or early. Here is a google spreadsheet of NAV and Trade calculations over the last month. http://spreadsheets.google.com/pub?key=rSor_zLkh9XA9hD79XVRBGQ&output=html
Guys, keep a look out for my next offering! Spoiler: My next offering is a 5B ISK Bond sold with a Dutch Style Auction. It will be posted on the 27th of July, the Monday.
Quote: skilzrulz > SencneS, you have ZERO clue who I am, and what I have done for the EVE community.
skilzrulz > RICDIC SCAMMED ME skilzrulz > James, why you poor and I rich
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Saehta
Sigillum Militum Xpisti Novus Ordo Mundi
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Posted - 2009.07.25 17:17:00 -
[148]
Initial investment and interest received.
Pleasure
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Vaerah Vahrokha
Minmatar Dark-Rising
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Posted - 2009.07.25 20:20:00 -
[149]
Update 2009-07-25
Bond status update
This is Vaerah Vahroka's analysis as of 2009-07-25 20:00 EvE Time.
Tools used EMMA EvEMeep JEvE Asset Manager
About the update This is an update and statement about current's James Tundra assets and investment.
Net Asset Value and other balance considerations The estimated net worth of all liabilities, solid & liquid assets is about 4.18B. As announced, the alt "William Tundra" has been activated as business helper.
Liquid Capital: 706M (it's floating) Assets are estimated to 893M. Market sell-orders: 2.59B Market buy-orders: 0M Investments: 0M
Assets values POS: 0 Fleet: 858M including the freighter. Modules: 17M Misc. solid assets; minerals, salvage, ice and trade goods etc.: 423K Blueprint copies and originals: 0M Contracts: 0 Ordered assets under construction: 0 Other: About 17.5M
Estimated total: 4.18 Billion ISK
Orders portfolio The Investee is focusing on ships (both combat and industry) and minerals. The margins generally span from 17% to above 30%, with outliers at 3.50% and 58%.
Considerations Green flag: the Investee as of today is active and willing to discuss both about the present investment and about his future operations. Green flag: as of today the business has been succesfully completed, the stated assets are still here.
The Auditor can confirm payments have been made to:
Miranda Zoar 500,000,000.00 ISK Miranda Zoar 50,000,000.00 ISK LJB 1,000,000,000.00 ISK LJB 100,000,000.00 ISK Xiu Liang 500,000,000.00 ISK Xiu Liang 50,000,000.00 ISK Saehta 500,000,000.00 ISK Saehta 50,000,000.00 ISK Jadun 500,000,000.00 ISK Jadun 50,000,000.00 ISK Bankimus 500,000,000.00 ISK Bankimus 50,000,000.00 ISK Jowen Datloran 500,000,000.00 ISK Jowen Datloran 50,000,000.00 ISK Ji Sama 500,000,000.00 ISK Ji Sama 50,000,000.00 ISK Azerath 500,000,000.00 ISK Azerath 50,000,000.00 ISK
The duplicate entries indicate principal and interest.
- Auditing and consulting
Before asking for investors, please read http://tinyurl.com/n5ys4h and http://tinyurl.com/lrg4oz
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