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Bad Bobby Ugly Toys Zzz	Posted - 2009.06.26 06:45:00 - [1] Confirming that Titans 4U is me and this venture is being run by me.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.26 06:50:00 - [2] I now declare this launch open and I am taking RESERVATIONS ONLY and NO ISK IS TO BE SENT TO ANYONE at this time. Discussion can occur here or in the discussion thread it is entirely up to you, but I think it's better to keep it all in one place.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.26 07:17:00 - [3] Originally by: Jin Nib Originally by: Bad Bobby I now declare this launch open and I am taking RESERVATIONS ONLY and NO ISK IS TO BE SENT TO ANYONE at this time. Discussion can occur here or in the discussion thread it is entirely up to you, but I think it's better to keep it all in one place. Sorry to interupt but that links back to this thread. I belive this is the proper link.? Doh! Fixed it now.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.26 09:14:00 - [4] Gabriel, your concerns are all correct, valid and have been detailed in the IPO document and related discussion thread. However, this one is not accurate: Originally by: Gabriel Virtus 5.The board is receiving 4% of revenue. 1% of 120B over a year is 1.2B for essentially doing nothing and also raising the risk of security leak. 3 of the 4 trustees have elected to perform this function for free. The 4th may yet do so, although they are under absolutely no pressure from me to make that choice as I feel that the level of payment involved is reasonable for the effort. Obviously I expect more isk per unit of effort than many others do, so everyone's opinion on that will differ. Originally by: Gabriel Virtus I would like to reserve 10 shares :) This I believe is the right way to approach an investment oppertunity, consider the risks, don't ignore them and invest what you think is approriate considering those risks.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.26 09:17:00 - [5] Originally by: LaVista Vista I shall invest to the tune of 1 share. Please reserve that for me You cheap bastard. Originally by: Ji Sama if im correct and we have 45 days from now to get the isk ready i would like to reserve 25B worth of bonds! You can assume that you have 30 days to get the isk ready, not 45. The last 15 days will involve people handing over their isk in stages so we can purchase BPOs. I will take this reservation for now, just let me know if the amount needs to be revised.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.27 08:47:00 - [6] Originally by: Stardust CEO Edited by: Stardust CEO on 27/06/2009 07:02:42 5000 shares, please. Edit - Also, a question: Do you foresee yourself voluntarily buying back shares at any particular time (ie, after X interest payments, or whatever)? We will liquidate all the IPOs assets and distribute all the isk to shareholders when the time comes to close the IPO, but a buyback before that point is unlikely.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.27 12:37:00 - [7] Originally by: Caleb Ayrania Hmm should it not have been TIT4U ? I was thinking along similar lines but the one I wanted was already taken.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.30 14:05:00 - [8] Originally by: PatchDay Blues Edited by: PatchDay Blues on 30/06/2009 13:03:31 I'd like to reserve 1000, however I'm not going to be here when you're going to be collecting cash - is there a way I can pre-pay? or get a proxie to pay for me? edit for speeling Sure, you can send me the isk and I'll send you the shares when they are created. For the sake of security I don't want everyone doing this, so the offer is only open to those that will not be available during the 15 day period where isk is going to be requested. If your funds are allocated to a block that does not complete I will refund your isk once the 30 day reservation period is over. Please, anyone who makes use of this facility, post in this thread to state you have done so and I will post to state that I have received the isk.
Bad Bobby Ugly Toys Zzz	Posted - 2009.06.30 16:28:00 - [9] Originally by: PatchDay Blues OK... Isk sent, Thanks Isk received.
Bad Bobby Ugly Toys Zzz	Posted - 2009.07.01 09:26:00 - [10] We are only 3542m away from Titan BPO #2.

Bad Bobby Ugly Toys	Posted - 2009.07.03 11:03:00 - [11] Let me just clear up any confusion over the blocks... Reservations are taken and added to the list in the order they are placed. The only reason why I am showing the blocks in the reservation list is to help give us some idea of how full the offering is, but block positioning in the reservation list is only a guide and is subject to change as a result of withrawn reservations and no-shows. You have no real choice about which block your resevation falls into. The only difference between blocks is that a block that does not get completely filled will have all reservations that fall into it cancelled, so really you want to be in earliest block you can. There is no benefit from spreading your investment across multiple blocks.
Bad Bobby Ugly Toys	Posted - 2009.07.05 08:10:00 - [12] Originally by: Vycera One of the things I like to know before any investment is the projected profit. For ease of number crunching, could you possibly tell me how much a 10% shareholder would make at the end of this? (and I understand it is speculative due to market fluctuations) Ok, this is very speculative but assuming: 1. We get investment for all 4 BPOs 2. We suffer no losses 3. Titans don't get nerfed into the ground We're looking at 2 BPCs in 4 months, 2 more BPCS in 8 months and 4 BPCs in 12 months. It' probably best not to try to project any further than that although our productivity would be much better in the second year. Assuming a BPC profit of 15b (20b isn't uncommon today) then we get 120b after 1 year on 265b investment. Since 3 trustees are doing it for free, only 7% will be taken in staff costs, so as 93% of 120b = 111.6b, that's 42% return over the year or 3.5% return per month. If you put 10% in (26.5b) then you would expect to have 37.63b after one year, a gain of 11.13b.
Bad Bobby Ugly Toys	Posted - 2009.07.13 13:11:00 - [13] Originally by: Emmgel Per OP, I note that any blocks not filled will be cancelled. Given Block 3 appears to be struggling, will this venture go ahead if only 2/4 blocks are filled? Yes. The venture will go ahead provided block 1 is filled. Blocks 2-4 are entirely optional expansions.
Bad Bobby Ugly Toys	Posted - 2009.07.15 05:49:00 - [14] Originally by: Dzil BB- I will be heavily involved in moving (IRL) the week of 7-26-09, and may not be available to transfer isk during that time. Given that block 2 is filled with 11b overflow into block 3, I fully anticipate that expansion activating. In light of this, would you consider allowing me to transfer isk early? -Dzil Sure. Send it over to me.
Bad Bobby Ugly Toys	Posted - 2009.07.27 05:57:00 - [15] Originally by: Breaker77 if block 4 doesn't sell out by tomorrow will you continue to try to fill it?? I've been thinking about this and I'm considering extending reservations until Friday. My reasons being that the reservations are still comming pretty fast and the weekend would give me much more time to oversee the isk collection. I'll leave the decision until later today and see how things progress, I assume nobody would object to such an extention?
Bad Bobby Ugly Toys	Posted - 2009.07.27 06:06:00 - [16] Transplanted from the discussion thread: Originally by: Scrumpy Joe I would like to reserves 2 shares for 2 million Isk.you can reach me in game to verify. thank you
Bad Bobby Ugly Toys	Posted - 2009.07.27 07:09:00 - [17] Originally by: Rojo Ocho Once the reservations are closed, how long do we have to send you the isk? Or can we just send you isk now. Only reason I ask is because I will be out of town for the next week or two and dont want to lose my reservation. If you expect to be unavailable then you can send me your isk now, but make sure you post in this thread to indicate you have done so. There will be a 15 day period over which isk will be collected for all 4 blocks, but we will only do one block at a time for security reasons so there will be a 3-4 day window for isk to be sent. If you miss the window for the block you are reserved in then your reservation will be moved to a later block and reservations in later blocks will be moved forward to replace yours.
Bad Bobby Ugly Toys	Posted - 2009.07.27 08:41:00 - [18] Originally by: Gale Fource il have 3 shares to start with and possibly invest anouther in anouther 10 shares every quater if pos where do i send the isk? I can take your reservation for 3 shares, but the only way for you to invest additional funds at a later date would be to buy shares from other investors. I am only accepting isk from those that will be unavailable to send their isk over the next two weeks, if that is the case for you then you can send your isk to me now, if not then hold on to your isk until you are asked to send it.
Bad Bobby Ugly Toys	Posted - 2009.07.27 14:01:00 - [19] Originally by: AsSalaam What's your plan regarding people who fail to pay for their reserved shares? I'd be interested in buying any unsold shares in the first 3 blocks at the end of the payment period. The reservation list is just a queue. If people fail to pay for their reserved shares when their block comes up then they will just get moved to the end of the queue. If reservations fall through to the extent that a block cannot be funded then that block will be cancelled. The only way to get in on the action is to place a reservation for the quantity of action you are interested in.
Bad Bobby Ugly Toys	Posted - 2009.07.27 14:11:00 - [20] Originally by: BIG Brain Originally by: AsSalaam What's your plan regarding people who fail to pay for their reserved shares? I'd be interested in buying any unsold shares in the first 3 blocks at the end of the payment period. Been there done that but will split if it comes to it sort of thing You have a reservation for 2000 shares at the end of block 2. You have the option to cancel that reservation or maintain it. You do not have the option to move it about.

Bad Bobby Ugly Toys	Posted - 2009.07.27 14:26:00 - [21] Due to popular demand, reservations have been extended to Friday (the 31st).
Bad Bobby Ugly Toys	Posted - 2009.07.27 20:51:00 - [22] Originally by: Daeris Milvaer With the reservation extension it is now likely that the call to fund Block 2 will fall during my trip. Is it possible to send the money early? Sure, send it over and post here to confirm.
Bad Bobby Ugly Toys	Posted - 2009.07.29 06:15:00 - [23] Originally by: Angor It would be a near miricle to fill the last block before the 31st. I've heard similar assesments about the first, second and third blocks. Although in honesty, I agree that the likelyhood is that the fourth block will not fill unless I stick 30b or so of my own isk into it. But I've been suprised before, even in this thread. Originally by: Angor Originally by: Havegooda How much is left? ISK/share wise? Probably need around 50billion on the last day. 50,000 shares. About that yes, I'll update the reservations and post a more precise number later today. While block 4 may or may not fill without the intervention of one or more large investors, you must also be aware that when it comes to collecting the isk there will be backouts, cancellations and no-shows to consider. Most if not all of the reservations currently in block 4 will find themselves in block 3 in the end and therefore it is fairly certain that they will get in on the action. Personally, I am not concerned about block 4 filling, nor was I concerned about blocks 2 and 3. I was more than happy with the response to this offering when block 1 filled. To see that there is now over 200b isk on the table is quite a compliment and I thank all investors, of whatever size, for their interest.
Bad Bobby Ugly Toys	Posted - 2009.07.29 06:22:00 - [24] Originally by: LoveTehSexz i may have to pay upfront a day or so before. That's fine, send it to me if you need to but make sure you post here for a public record of that.
Bad Bobby Ugly Toys	Posted - 2009.07.29 06:24:00 - [25] Also, I'd like to clarify: Reservations will be open today, tommorrow and the day after. Isk collection will begin on the weekend, when I have the free time to organise it all.
Bad Bobby Ugly Toys	Posted - 2009.07.29 08:05:00 - [26] Originally by: LoveTehSexz Originally by: LoveTehSexz reserving 200 shares please, i may have to pay upfront a day or so before. paid the 200mil as of now into bad bobby account, thnx. Confirmed. For the record, I am now holding: 1000m - Patchday Blues 200m - LoveTehSexz 200m - Dzil 200m - Daeris Milvaer 100m - Freya Lorell 100m - Luna Leecher 1m - XICD7 Some of these funds have already been used to set up some of the infrastructure required for this operation.
Bad Bobby Ugly Toys	Posted - 2009.07.29 08:06:00 - [27] Originally by: LoveTehSexz reserving another 200 shares, isk paid into bad bobby account as of now. 200mil Confirmed. I am now holding 400m for you.
Bad Bobby Ugly Toys	Posted - 2009.07.29 08:09:00 - [28] A note on advance payments, this isk is being held by me and will be transferred over to Titans 4U during the launch phase for the appropriate block. If the block for which this isk is held is cancelled then I will return the isk.
Bad Bobby Ugly Toys	Posted - 2009.07.29 22:06:00 - [29] Two days left to go and about 50,000m left in the final block.
Bad Bobby Ugly Toys	Posted - 2009.07.30 13:02:00 - [30] Originally by: Gabriel Virtus We are tranfering isk to a broker and you only get access to the funds for each block until the one before it is locked down, correct? Actually, I was planning to leave the isk in the safety of your own wallets until the previous BPO was locked down.

Bad Bobby Ugly Toys	Posted - 2009.07.30 14:07:00 - [31] Originally by: XICD7 Where's the share in block 3 that I paid for? Shares will not be issued until after all the blocks are launched. Your investment has been recorded and you will receive your share at the same time as everyone else. Originally by: XICD7 This is ridiculous. Indeed, but I can't force people to read the thread or follow instructions.
Bad Bobby Ugly Toys	Posted - 2009.07.30 14:39:00 - [32] Originally by: Gabriel Virtus I guess what I should have said was WILL we be transfering isk to a broker that will give you blocks of isk... When it is time to send the isk. I thought the transfering isk to a broker and then releasing enough isk for each block to you once the one before it was locked down was the plan all along. If not, it should be. -GV If you would prefer to use a broker rather than keeping the isk in your own wallet then fine, but I don't see a great need to involve another party in the process. I will ask for this isk for each block in turn after the previous block has had it's BPO purchased, transported to the POS system, locked down and confirmed by the trustees.
Bad Bobby Ugly Toys	Posted - 2009.07.30 14:47:00 - [33] Originally by: Kazzac Elentria Just keep in mind that things are going to have to go pretty quickly since most of the trustees will only have 10 days approx from launch date to get everything confirmed, lest we have to pay for a month subscription. The shares that you will use to monitor/control the lock/unlock votes will be on your other characters, not on your trial account alts. You should only need those trial alts if I am hit by a bus.
Bad Bobby Ugly Toys	Posted - 2009.07.30 15:01:00 - [34] Originally by: Kazzac Elentria Originally by: Bad Bobby Originally by: Kazzac Elentria Just keep in mind that things are going to have to go pretty quickly since most of the trustees will only have 10 days approx from launch date to get everything confirmed, lest we have to pay for a month subscription. The shares that you will use to monitor/control the lock/unlock votes will be on your other characters, not on your trial account alts. You should only need those trial alts if I am hit by a bus. I thought you were waiting to send shares until such a point.... my bad. I'll go sulk in the corner now. I can send you the control shares anytime you like, I was going to wait until we close the reservations.
Bad Bobby Ugly Toys	Posted - 2009.07.31 06:04:00 - [35] Originally by: XICD7 I don't mean an in-game share. You didn't even out me on the lsit for investors/share-holders for any of the blocks. You'll be on the reservation list when I update it later today.
Bad Bobby Ugly Toys	Posted - 2009.07.31 06:06:00 - [36] Originally by: 5ilent 5hift Edited by: 5ilent 5hift on 30/07/2009 22:08:55 unfortunately im not going to be online for the next few days, would i be able to give my isk after or would that be a problem? i am online for until about 10am gmt tomorrow if you want me to give it to you by then. Edit: i'd like to place another 50mil of shares too please =] Ok, send me the isk.
Bad Bobby Ugly Toys	Posted - 2009.07.31 08:06:00 - [37] Originally by: RaTTuS Bobby - I'm away tomorrow and possibly [hopefully] for a few days next week - want me to send my ist to you or bad bobby now. Sure, send it to me.
Bad Bobby Ugly Toys	Posted - 2009.07.31 08:53:00 - [38] Originally by: Necropski I will also have to wire you the money afore (this evening) Sure, send it over. Originally by: Necropski because tomorrow and the next week I will be in site consulting a client and staying in a rotten hotel room without internet connection. You have my sympathy!
Bad Bobby Ugly Toys	Posted - 2009.07.31 14:48:00 - [39] Originally by: DarthCaboose How soon do you reckon before you ask Block 2 and 3 to start sending the ISKies? It depends on how quickly the isk collection for block 1 is completed, but I'd guess that it will be 5 days or so before I collect block 2.
Bad Bobby Ugly Toys	Posted - 2009.08.03 06:16:00 - [40] Originally by: Aelana Anais I was under the impression that if someone dropped their shares, shares from the later blocks (in this case) block 4 would bump forward, is this not the case? That is exactly how it works. The reservation list is just a queue. New reservations, regardless of what instructions they may give as to the positioning of their reservation as a result of their lack of understanding, are added to the end of the queue. If you reserved first, you get in first, if you reserved later, you get in later. There is no queue jumping, there is no moving your reservation about, their is just joining the end of the queue or leaving the queue.

Bad Bobby Ugly Toys	Posted - 2009.08.13 15:58:00 - [41] Originally by: blunter Okay maybe a first in this epic thread..... Its begging time... Spare Change anyone?..... Change?? Bad Bobby.... You look well off... any spare change for an old friend??? If you are looking for work, I have use for a Tea boy.
Bad Bobby Ugly Toys	Posted - 2009.08.15 07:14:00 - [42] I've been a bit busy this week, so I haven't been able to give this as much attention as I would have liked. I'll start hurring things along now. Originally by: Krylon Rhae Nothing attracts money like success. BB may want to consolidate all collections upward to traunch 1 to get the first BPO purchased and locked down. The first BPO has already been purchased, locked down and is copying. AC155 stated this on post 624 on page 21 and Kazzac confirmed in post 650 on page 22.
Bad Bobby Ugly Toys	Posted - 2009.08.18 12:18:00 - [43] Originally by: PaaDii Originally by: PaaDii If you still accept reservations/offers to buy shares count me in for 200mil isk of shares. Please contact me on evemail if possible. Could I have a confirmation/denial if possible. I have not updated the reservations list in a few days, mainly because I've reached the character limit on the two posts on page 1 I am using for that list, but when the time comes I will go through all the reservation posts and make sure that they all get added to the list. If you've posted, as you have, you will have a reservation in block 4 even if it has not yet been officially recorded.
Bad Bobby Ugly Toys	Posted - 2009.08.18 12:29:00 - [44] Edited by: Bad Bobby on 18/08/2009 12:32:01 Originally by: YorikR32 It looks like this is a logistical nightmare collecting ISK, tallying and keeping records, I don't envy your work load here. You don't know the half of it. Every time I log on with Bad Bobby I get showered with convo's. Squeezing isk out of reservations is time consuming in and of itself, but when lots of people end up wanting some kind of special treatment with regards to the placement of their investment and you have to explain at great length the reasons why they have to be treated the same as everyone else. Then I get ISD reporters convoing me, always when I am very drunk and on a PvP op with my friends, sometimes while I am FCing and you have to deal with that too. The vast majority of the work involved with this project is dealing with various interested parties and has nothing to do with copying Titan BPOs. Fortunately, this is pretty much what I do in EVE. As I'm the CEO of 5 corps, a director in another, the lead stategist for an alliance and the manger of about ten different major industrial projects. Handling people and managing operations is something I have the experience to carry off, to the general satisfaction of those interested, with a decent success rate! But some days I take off, I don't log Bad Bobby on and I just go solo pirating in low sec with one of my -10.0's...
Bad Bobby Ugly Toys	Posted - 2009.08.21 06:26:00 - [45] If you are on this list, send your isk to Titans 4U now! 50 - Cruel Sculpture 50 - Mi5 20 - Rhivre 10 - sinqlaison 200 - FightingMoose 1000 - Akuma Gouki 1000 - Vasta Magna 250 - klassasin 200 - Cruel Sculpture 150 - Elenos 500 - Kilgore Headbuster 100 - anthony martin 150 - Sidis Aran 50 - SirusDeVirus 200 - Nictus Astartes (reserved by Demonos Silentium) 10 - Garbaroth 150 - XxTheKmanxX 100 - Costas Decimia 20 - Nitakko 1000 - Krylon Rhae 100 - Aleusandris 40 - lollerwaffle 40 - Daraan'el 200 - Leonard Nairdene 20 - Carilan Harritak 10 - Toksyuryel 8 - Haladara Omshiirion 1000 - Innocent alt 50 - Snickrot 200 - Admiral Tom 750 - dojocan81 1000 - Lord Schmock 2000 - leonrussell1982 100 - Daynne Jerreous 10 - Random27 5 - Reaper Cross 250 - Solano 200 - Matan Gandi 30 - Rhivre 500 - Tahlith 100 - Albator 30 - Eelis Kiy 150 - Kira Firestarter 100 - Ghost Hunter 100 - Ti Chi 10 - Serving Maid 50 - Whooricane 50 - Terrel Capelle 50 - Cinder Roze 100 - R Sharpe 150 - dentist bob 200 - Klausan 100 - Batlee 100 - Kahn Bloodbane 300 - Aargh 20 - firehelix 100 - Amish Juggernaut 500 - Marty Brice 40 - rexus I 100 - Anfinity 100 - talemacus 50 - Lem Sip 100 - holefx 100 - Emnity Preston 5 - Rakeraker 100 - Gabriel Angelus 1000 - Torezu Kushurinada 1000 - Glenys / Bevania 750 - SarcasticDwarf 10 - Biiza Obrav 50 - Doc Alaska 950 - Doc Alaska [Delayed] 10 - Daeva Vios 40 - DarthCaboose 20 - JoseCanUsee 300 - tinnsoldier 500 - Sai Mien 10 - Chodyniecki 1 - Eenbal 200 - Mini Kadi 1000 - Estella Vance 2000 - Sazumaan Johnza 50 - HellSparrow 200 - Indiexy 40 - Silvermoon Armanis 1000 - ArymAramanska 50 - Mienka 50 - Blades McFlannigan 10 - Alya Mecklin 200 - Stellar Reaper 200 - Mortality 25 - Shamasu 300 - Choans 100 - Pierced Brosmen 3 - DRKabal 50 - WiseMaster 250 - Hel O'Ween 5 - Flynt Ironstag 250 - Fleshbot 20 - Kahn Engineer 1000 - Lun Skyfell 100 - Sanyo Santiago 50 - BlackMail 20 - Kahn Engineer 100 - General Mic 100 - Blud Ayngel 50 - H3dAF0 500 - Miainsa Neppl 500 - jwingenderowns 500 - Cpt Steo 500 - Bob Rockbreaker 100 - Apophis Vledar 75 - Aloe Cloveris 50 - De Bawa 2000 - Squatch Total: 30817
Bad Bobby Ugly Toys	Posted - 2009.08.21 13:19:00 - [46] Originally by: Pierced Brosmen Just wondering. I have 2 reservations of 100 shares each, originaly put in slot 3. the first reservation was bumped up to slot 2 and I paid 100 mill on the 10'th (at 15:08) on the 16'th my second reservation was bumped up to slot 2 and I paid 100 mill the same day (at 22:30). On the previous updated lists after the 16'th, both of my reservations have been marked as paid. But on the last list, I'm only listed once with a value of 100 shares. Just want to make sure that all my ISK is accounted for The cause of this confusion is the character limit on forum posts. If you look at post 723 on page 25 you will see your first payment is recorded there. The latest list, while referring to the same investment block, has been seperated from the first list because I can't fit both lists on the same post.
Bad Bobby Ugly Toys	Posted - 2009.08.26 03:52:00 - [47] Originally by: tre introv Have the actual shares been handed out yet? No, handing out the shares is going to be the last step in the process.
Bad Bobby Ugly Toys	Posted - 2009.08.26 04:00:00 - [48] Originally by: Cruel Sculpture It seems my reservations have been removed from block 3. Is my offer to purchase some of these stocks no longer applicable? See page 27, post 809, you are listed as a no-show. Your reservation was moved from block 3 into block 2, was not paid and was then put onto the no-show list. I think you stand a good chance of having your reservation put back on to the block 3 list in the near future, so just keep your isk handy and keep an eye on this thread.
Bad Bobby Ugly Toys	Posted - 2009.08.26 15:52:00 - [49] I will let the current list run until Saturday, after that I'll start replacing some of the names.
Bad Bobby Ugly Toys	Posted - 2009.08.27 18:23:00 - [50] Originally by: Ji Sama because of the amount of chaos, dbank defaulting on TMPI securities, and TIF defaulting, i will not be able to reach the 25B reserved. i will need to run some numbers, i am sorry for the inconvience. i will contact you ingame... I fully understand. If you can give me a figure in time for Saturday morning when I will be revising the list then that would be great.

Bad Bobby Ugly Toys	Posted - 2009.08.28 05:56:00 - [51] If you are on this list send your isk to Titans 4U now! Block 2: 20 - Carn Validus 20 - Captain N8Hellyea 1000 - Smash Sales 800 - Cayce Pollard 100 - Parkuras 1000 - Gareth Montesque 50 - Ostor LightDust 100 - Kithran 25 - Athanasia Samsa 200 - Norah Sin 10 - Zakmal Dorn 200 - General Harvey 10 - uncle spankface 30 - Kcarr1 700 - Nobaudee 40 - chemicalart 1000 - Katiya Khadiija 50 - CEOcat 50 - 5ilent 5hift 4000 - Hanster Maluki 10 - Kamo Hiruga 100 - Kathryn Dougans 30 - strike18 100 - Nikolay Tesla 500 - jwingenderowns 50 - TCL987 50 - Takara Starbreeze 100 - HirschG 1000 - Kazuki Katsuro 100 - 159Hunter 500 - tre introv Block 3: 15150 - Ji Sama 4400 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 50 - Illuvatarai 500 - KanoFu 5 - Smarter 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 500 - SpaceBalls Two 600 - Mhagon 750 - Artis de'Partis 100 - Breaker77 100 - Vie Victus 500 - Angelina Morgan 100 - Marros Thiben 10 - Halborn 1000 - xXSnUgGlEsXx 50 - sporkmonger 3 - Gale Fource 75 - Shamasu 1 - Kazuo Ishiguro 25 - YorikR32 400 - Nagapito 30 - boliano 1 - XICD7 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 400 - Hawkcrest 200 - LoveTehSexz 50 - Arcturus Canton 100 - Jaharoth 50 - Gagarthoe III 50 - Grr'k An'Har 1000 - Dr Nefarius 400 - Lucien Corentin 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 500 - Solisk 50 - Ardaeik Marconea 100 - Roquezir 25 - Aidan Brooder 10 - ApostleOfWar 225 - vile56 200 - Albahaca 500 - Dr Nefarius 300 - Norah Sin 200 - Crebjr 1000 - KasAnna PhD 300 - Regis Nex 100 - Chloyee 200 - Hen Broon 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 100 - Captain Rawr 100 - Kiree Chancel 100 - Andrea Griffin 20 - Dafydd ab'Rhys 250 - ShogunAssassin 200 - Regis Nex 300 - Manandoun 5000 - Shikoh 10 - GX307 25 - Bouree II 100 - Garith Arden 500 - Ishikari 200 - PaaDii 200 - Nick Marsh 250 - LifeHatesMe 100 - Moonacre 10 - Madman ness 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 1 - Moya81 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 100 - Syaran 7 - Packtu'sa 200 - Andron Blaxcor 30 - Du'Kar 300 - Havok Pierce 50 - Ronaldo Carrare 20 - Seth Calhoun 10 - Vilgan i'Lakin 250 - Khan Sheidoh 100 - Blurredweasel 200 - Henkietankie 7500 - Eiroze / Kouryusei 500 - Xiu Liang 50 - Hunlight Faithus 250 - Skyvyr 50 - H0mer 100 - Moochai 100 - Sandrane Kipler 100 - Qitoof 1000 - Doctor Whiteface 25 - STRK52ND 25 - ShotGun Willy 50 - Harkani 50 - Shadowhawk38 500 - Tamati Tama 100 - NaevaX 50 - Michela 200 - Qutar 100 - Dev Spoehr 1000 - Jazric 200 - Tor Umar 100 - Discova 100 - Tetovo 100 - Bard Marcus 10 - xEllinx 250 - Loth Cephak 10 - Orion Pheonix 200 - Amoc Reel 10 - Lezerinela 5000 - Enihcam Xes
Bad Bobby Ugly Toys	Posted - 2009.08.28 15:08:00 - [52] Originally by: 159Hunter Still on the list of block 2, but money was sent: 2009.08.22 @09.23 Sorry, I should have made it clearer. You are on the list in green which means you have paid. It started with me changing people's names to green and marking them as "paid" but I ran into character limit issues!
Bad Bobby Ugly Toys	Posted - 2009.08.29 05:36:00 - [53] Block 2 is now closed, here is the list of investors: 5450 - Ji Sama 1000 - Fitz VonHeise 1000 - Kapila Parthalan 100 - Biff Hanran 300 - Malec Madain 50 - Mienka 200 - Galal Dax 50 - Angor 25 - Iced Earth 300 - Baar Luun 1000 - Patchday Blues 3000 - eXistentiA 25 - Ossey 100 - HirschG 10 - GX307 60 - Twundum (Reserved by Takawage Hotsuno) 750 - Fleshbot 2000 - Phoebe Halliwel 10 - Veleronx 100 - BoinKlasik 200 - Xi Khan 100 - Jacen Zar 5000 - Marnurn 1000 - Katiya Khadiija 1000 - Tre Introv 100 - BarryGibb 1000 - eXistentiA 200 - Xi Khan 150 - Coupe Soleil 300 - Akimori 250 - Mikael Genexi 750 - Zelseus 100 - MightFearMan 500 - Teavan 10 - Montmazar 300 - Nobaudee 10 - Yarinor 40 - Breaker77 20 - DarthCaboose 200 - Foolish Bob 500 - Adsion 2500 - CrazyArsed Monkey 100 - Leviathan Taylor 100 - Minipod 100 - Moonacre 25 - YorikR32 50 - Rojo Ocho 250 - Vasta Magna 500 - The Mattius 20 - Kerovan 250 - Rorix Bladewing 100 - Pierced Brosmen 250 - Morph1337 250 - MorucK 250 - Arb Zero 200 - Borakh Tieberius 50 - Mi5 20 - Rhivre 1000 - Akuma Gouki 1000 - Vasta Magna 250 - klassasin 150 - Elenos 100 - Costas Decimia 1000 - Krylon Rhae 20 - Carilan Harritak 1000 - Innocent alt 50 - Snickrot 1000 - Lord Schmock 100 - Daynne Jerreous 30 - Rhivre 30 - Eelis Kiy 100 - Ghost Hunter 50 - Whooricane 100 - R Sharpe 200 - Klausan 300 - Aargh 20 - firehelix 500 - Marty Brice 100 - Anfinity 50 - Lem Sip 100 - Emnity Preston 5 - Rakeraker 1000 - Torezu Kushurinada 750 - SarcasticDwarf 50 - Doc Alaska 40 - DarthCaboose 500 - Sai Mien 10 - Chodyniecki 1000 - Estella Vance 2000 - Sazumaan Johnza 200 - Indiexy 40 - Silvermoon Armanis 50 - Mienka 50 - Blades McFlannigan 25 - Shamasu 100 - Pierced Brosmen 250 - Hel O'Ween 250 - Fleshbot 1000 - Lun Skyfell 50 - BlackMail 100 - General Mic 500 - jwingenderowns 500 - Cpt Steo 500 - Bob Rockbreaker 100 - Apophis Vledar 75 - Aloe Cloveris 2000 - Squatch 20 - Kahn Engineer 20 - Kahn Engineer 20 - Captain N8Hellyea 800 - Cayce Pollard 1000 - Gareth Montesque 100 - Kithran 200 - Norah Sin 700 - Nobaudee 1000 - Katiya Khadiija 50 - CEOcat 50 - 5ilent 5hift 4000 - Hanster Maluki 100 - Kathryn Dougans 30 - strike18 500 - jwingenderowns 50 - Takara Starbreeze 100 - HirschG 1000 - Kazuki Katsuro 100 - 159Hunter 500 - tre introv 984 - Ji Sama 61994/66000 Plus 4006 excess investment from block 1 66000/66000
Bad Bobby Ugly Toys	Posted - 2009.08.29 05:50:00 - [54] If you are on this list send your isk to Titans 4U now! 15150 - Ji Sama 3416 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 50 - Illuvatarai 500 - KanoFu 5 - Smarter 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 500 - SpaceBalls Two 600 - Mhagon 750 - Artis de'Partis 100 - Breaker77 100 - Vie Victus 500 - Angelina Morgan 100 - Marros Thiben 10 - Halborn 1000 - xXSnUgGlEsXx 50 - sporkmonger 3 - Gale Fource 75 - Shamasu 1 - Kazuo Ishiguro 25 - YorikR32 400 - Nagapito 30 - boliano 1 - XICD7 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 400 - Hawkcrest 200 - LoveTehSexz 50 - Arcturus Canton 100 - Jaharoth 50 - Gagarthoe III 50 - Grr'k An'Har 1000 - Dr Nefarius 400 - Lucien Corentin 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 500 - Solisk 50 - Ardaeik Marconea 100 - Roquezir 25 - Aidan Brooder 10 - ApostleOfWar 225 - vile56 200 - Albahaca 500 - Dr Nefarius 300 - Norah Sin 200 - Crebjr 1000 - KasAnna PhD 300 - Regis Nex 100 - Chloyee 200 - Hen Broon 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 100 - Captain Rawr 100 - Kiree Chancel 100 - Andrea Griffin 20 - Dafydd ab'Rhys 250 - ShogunAssassin 200 - Regis Nex 300 - Manandoun 5000 - Shikoh 10 - GX307 25 - Bouree II 100 - Garith Arden 500 - Ishikari 200 - PaaDii 200 - Nick Marsh 250 - LifeHatesMe 100 - Moonacre 10 - Madman ness 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 1 - Moya81 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 100 - Syaran 7 - Packtu'sa 200 - Andron Blaxcor 30 - Du'Kar 300 - Havok Pierce 50 - Ronaldo Carrare 20 - Seth Calhoun 10 - Vilgan i'Lakin 250 - Khan Sheidoh 100 - Blurredweasel 200 - Henkietankie 7500 - Eiroze / Kouryusei 500 - Xiu Liang 50 - Hunlight Faithus 250 - Skyvyr 100 - Moochai 100 - Sandrane Kipler 25 - ShotGun Willy 1000 - Fitz VonHeise 60 - Jin Nib 100 - triafrenum 250 - Mienka 100 - Kithran 100 - Trebor DeCaldar 100 - Leviathan Taylor 5 - Xonus Calimar 500 - max ikabon 50 - Tyranus vonCarstein 75 - Aloe Cloveris 20 - Anli Niren 10 - D'ceet 250 - Sin Six 100 - Kharakan 500 - Beth Ann 100 - Porcialina Blue 25 - Ruskitrader 25 - Zumatra 5 - Super Extremo 50 - Cruel Sculpture 10 - sinqlaison 200 - FightingMoose 200 - Cruel Sculpture 500 - Kilgore Headbuster 100 - anthony martin 150 - Sidis Aran 50 - SirusDeVirus 200 - Nictus Astartes (reserved by Demonos Silentium) 10 - Garbaroth 150 - XxTheKmanxX 20 - Nitakko 100 - Aleusandris 40 - lollerwaffle 40 - Daraan'el 200 - Leonard Nairdene 10 - Toksyuryel 8 - Haladara Omshiirion 200 - Admiral Tom 750 - dojocan81 2000 - leonrussell1982 10 - Random27 5 - Reaper Cross 250 - Solano 200 - Matan Gandi 500 - Tahlith 100 - Albator 150 - Kira Firestarter 100 - Ti Chi 10 - Serving Maid 50 - Terrel Capelle 50 - Cinder Roze 150 - dentist bob 100 - Batlee 100 - Kahn Bloodbane 100 - Amish Juggernaut
Bad Bobby Ugly Toys	Posted - 2009.08.29 05:53:00 - [55] 2340m of new reservations added 7849m of previous no-shows struck off and replaced This list will stand until Monday, then I'll add any new reservations I get.
Bad Bobby Ugly Toys	Posted - 2009.09.02 07:16:00 - [56] If you are on this list send your isk to Titans 4U now! 12150 - Ji Sama 6416 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 50 - Illuvatarai 500 - KanoFu 5 - Smarter 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 500 - SpaceBalls Two 600 - Mhagon 750 - Artis de'Partis 100 - Breaker77 100 - Vie Victus 500 - Angelina Morgan 100 - Marros Thiben 10 - Halborn 1000 - xXSnUgGlEsXx 50 - sporkmonger 3 - Gale Fource 75 - Shamasu 1 - Kazuo Ishiguro 25 - YorikR32 400 - Nagapito 30 - boliano 1 - XICD7 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 400 - Hawkcrest 200 - LoveTehSexz 50 - Arcturus Canton 100 - Jaharoth 50 - Gagarthoe III 50 - Grr'k An'Har 1000 - Dr Nefarius 400 - Lucien Corentin 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 500 - Solisk 50 - Ardaeik Marconea 100 - Roquezir 25 - Aidan Brooder 10 - ApostleOfWar 225 - vile56 200 - Albahaca 500 - Dr Nefarius 300 - Norah Sin 200 - Crebjr 1000 - KasAnna PhD 300 - Regis Nex 100 - Chloyee 200 - Hen Broon 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 100 - Captain Rawr 100 - Kiree Chancel 100 - Andrea Griffin 20 - Dafydd ab'Rhys 250 - ShogunAssassin 200 - Regis Nex 300 - Manandoun 5000 - Shikoh 10 - GX307 25 - Bouree II 100 - Garith Arden 500 - Ishikari 200 - PaaDii 200 - Nick Marsh 250 - LifeHatesMe 100 - Moonacre 10 - Madman ness 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 1 - Moya81 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 100 - Syaran 7 - Packtu'sa 200 - Andron Blaxcor 30 - Du'Kar 300 - Havok Pierce 50 - Ronaldo Carrare 20 - Seth Calhoun 10 - Vilgan i'Lakin 250 - Khan Sheidoh 100 - Blurredweasel 200 - Henkietankie 7500 - Eiroze / Kouryusei 500 - Xiu Liang 50 - Hunlight Faithus 250 - Skyvyr 100 - Moochai 100 - Sandrane Kipler 25 - ShotGun Willy 1000 - Fitz VonHeise 60 - Jin Nib 100 - triafrenum 250 - Mienka 100 - Kithran 100 - Trebor DeCaldar 100 - Leviathan Taylor 5 - Xonus Calimar 500 - max ikabon 50 - Tyranus vonCarstein 75 - Aloe Cloveris 20 - Anli Niren 10 - D'ceet 250 - Sin Six 100 - Kharakan 500 - Beth Ann 100 - Porcialina Blue 25 - Ruskitrader 25 - Zumatra 5 - Super Extremo 50 - Cruel Sculpture 10 - sinqlaison 200 - FightingMoose 200 - Cruel Sculpture 500 - Kilgore Headbuster 100 - anthony martin 150 - Sidis Aran 50 - SirusDeVirus 200 - Nictus Astartes (reserved by Demonos Silentium) 10 - Garbaroth 150 - XxTheKmanxX 20 - Nitakko 100 - Aleusandris 40 - lollerwaffle 40 - Daraan'el 200 - Leonard Nairdene 10 - Toksyuryel 8 - Haladara Omshiirion 200 - Admiral Tom 750 - dojocan81 2000 - leonrussell1982 100 - Kal live2kill 400 - Promethian child 1000 - Tarac Nor 50 - DarthCaboose 100 - Awulf 20 - Raph wolf 5 - macsuibhne 300 - Magnu Stormhawk
Bad Bobby Ugly Toys	Posted - 2009.09.02 07:34:00 - [57] Originally by: Fleshbot I can see people are dropping like flys during this collection process. I'd suggest a final call before you determine that Block 3/4 can't be filled. If it's close people might be willing to throw in a bit more to close up the gap. As far as I am concerned, this IPO launch has been an outstanding success already. To aquire two Titan BPOs and have them put to work without a hitch has been a source of great satisfaction for me. However, it is clear that filling block 3 to aquire the 3rd BPO is pushing the boundaries of what can be achieved at present and filling block 4 is a distant dream. Obviously recent events have made that situation worse as many reservations cannot be honoured because the isk is no longer accessible to the investor due to the EBANK account freeze and there has been further negative impact due to the drop in confidence in the investment marketplace. I would like to see if block 3 can still be filled, particularly since we are already half way there. So I'm thinking that I should give it a few days with the current list (up to the weekend), then remove all unpaid reservations from the list, calculate the shortfall and then open it up for isk payments only (no reservations required) for one more week (until the end of next weekend) to see if we can gather the remaining isk. If we miss the mark, then I'll return all isk that didn't make it into blocks 1 and 2. Does anyone have any views or objections to this plan?
Bad Bobby Ugly Toys	Posted - 2009.09.02 20:13:00 - [58] Originally by: glas mir what is the method being used to track shareholders? for some reason I thought it was in-game shares. It will be in-game shares, but I need to know how many to create first.
Bad Bobby Ugly Toys	Posted - 2009.09.03 07:44:00 - [59] Originally by: Dibsi Dei Out of interest, why is there nothing going on with block 1? Didn't you already collect the isk for it? The isk was collected for block 1 and the BPO was purchased and put into copying. Shares will be sent out to the investors once all the isk has been collected for all blocks, so I only have to do one vote to create all the shares at once.
Bad Bobby Ugly Toys	Posted - 2009.09.04 05:37:00 - [60] If you are on this list send your isk to Titans 4U now! 12150 - Ji Sama 6416 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 50 - Illuvatarai 500 - KanoFu 5 - Smarter 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 500 - SpaceBalls Two 600 - Mhagon 750 - Artis de'Partis 100 - Breaker77 100 - Vie Victus 500 - Angelina Morgan 100 - Marros Thiben 10 - Halborn 1000 - xXSnUgGlEsXx 50 - sporkmonger 3 - Gale Fource 75 - Shamasu 1 - Kazuo Ishiguro 25 - YorikR32 400 - Nagapito 30 - boliano 1 - XICD7 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 400 - Hawkcrest 200 - LoveTehSexz 50 - Arcturus Canton 100 - Jaharoth 50 - Gagarthoe III 50 - Grr'k An'Har 1000 - Dr Nefarius 400 - Lucien Corentin 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 500 - Solisk 50 - Ardaeik Marconea 100 - Roquezir 25 - Aidan Brooder 10 - ApostleOfWar 225 - vile56 200 - Albahaca 500 - Dr Nefarius 300 - Norah Sin 200 - Crebjr 1000 - KasAnna PhD 300 - Regis Nex 100 - Chloyee 200 - Hen Broon 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 100 - Captain Rawr 100 - Kiree Chancel 100 - Andrea Griffin 20 - Dafydd ab'Rhys 250 - ShogunAssassin 200 - Regis Nex 300 - Manandoun 5000 - Shikoh 10 - GX307 25 - Bouree II 100 - Garith Arden 500 - Ishikari 200 - PaaDii 200 - Nick Marsh 250 - LifeHatesMe 100 - Moonacre 10 - Madman ness 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 1 - Moya81 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 100 - Syaran 7 - Packtu'sa 200 - Andron Blaxcor 30 - Du'Kar 300 - Havok Pierce 50 - Ronaldo Carrare 20 - Seth Calhoun 10 - Vilgan i'Lakin 250 - Khan Sheidoh 100 - Blurredweasel 200 - Henkietankie 7500 - Eiroze / Kouryusei 500 - Xiu Liang 50 - Hunlight Faithus 250 - Skyvyr 100 - Moochai 100 - Sandrane Kipler 25 - ShotGun Willy 1000 - Fitz VonHeise 60 - Jin Nib 100 - triafrenum 250 - Mienka 100 - Kithran 100 - Trebor DeCaldar 100 - Leviathan Taylor 5 - Xonus Calimar 500 - max ikabon 50 - Tyranus vonCarstein 75 - Aloe Cloveris 20 - Anli Niren 10 - D'ceet 250 - Sin Six 100 - Kharakan 500 - Beth Ann 100 - Porcialina Blue 25 - Ruskitrader 25 - Zumatra 5 - Super Extremo 50 - Cruel Sculpture 10 - sinqlaison 200 - FightingMoose 200 - Cruel Sculpture 500 - Kilgore Headbuster 100 - anthony martin 150 - Sidis Aran 50 - SirusDeVirus 200 - Nictus Astartes (reserved by Demonos Silentium) 10 - Garbaroth 150 - XxTheKmanxX 20 - Nitakko 100 - Aleusandris 40 - lollerwaffle 40 - Daraan'el 200 - Leonard Nairdene 10 - Toksyuryel 8 - Haladara Omshiirion 200 - Admiral Tom 750 - dojocan81 2000 - leonrussell1982 100 - Kal live2kill 400 - Promethian child 1000 - Tarac Nor 50 - DarthCaboose 100 - Awulf 20 - Rlaph wolf 5 - macsuibhne 300 - Magnu Stormhawk

Bad Bobby Ugly Toys	Posted - 2009.09.04 05:38:00 - [61] Originally by: Awulf Originally by: Bad Bobby If you are on this list send your isk to Titans 4U now! Ummm hrmmm, wondering if I screwed up as I sent my 100 million isk directly to Bad Bobby. Did I screw up or am I good here? Don't worry, you are not the first and you won't be the last.
Bad Bobby Ugly Toys	Posted - 2009.09.04 05:40:00 - [62] Originally by: Solisk Mind marking me down as paid? When did you send the isk?
Bad Bobby Ugly Toys	Posted - 2009.09.04 05:45:00 - [63] I'm not taking any further reservations. By the end of today I will post here to confirm the amount of isk outstanding in block 3. I will then declare it a free-for-all until next Sunday whereby you can just send me your isk and post here without a reservation. That will give us 9 days to fill up block 3, if we fall short of the target I will return all the isk sent for block 3.
Bad Bobby Ugly Toys	Posted - 2009.09.04 05:49:00 - [64] Originally by: Gulnack I'm assuming that if things are opened next week all investors will be welcomed not just those with reservations for blocks 3 and 4? Yes, all unpaid reservations will be voided later today and then anyone can send me isk.
Bad Bobby Ugly Toys	Posted - 2009.09.04 10:44:00 - [65] No reservations, just send your isk to Titans 4U and post here to confirm. This oppertunity will close on Monday 14th September. Payments received so far: 6416 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 600 - Mhagon 100 - Breaker77 75 - Shamasu 25 - YorikR32 400 - Nagapito 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 200 - LoveTehSexz 50 - Arcturus Canton 50 - Gagarthoe III 50 - Grr'k An'Har 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 300 - Norah Sin 300 - Regis Nex 100 - Chloyee 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 20 - Dafydd ab'Rhys 250 - ShogunAssassin 200 - Regis Nex 300 - Manandoun 5000 - Shikoh 10 - GX307 25 - Bouree II 500 - Ishikari 200 - PaaDii 100 - Moonacre 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 200 - Andron Blaxcor 20 - Seth Calhoun 250 - Skyvyr 100 - Moochai 100 - Sandrane Kipler 25 - ShotGun Willy 1000 - Fitz VonHeise 60 - Jin Nib 250 - Mienka 100 - Kithran 100 - Trebor DeCaldar 100 - Leviathan Taylor 500 - max ikabon 50 - Tyranus vonCarstein 75 - Aloe Cloveris 200 - FightingMoose 40 - lollerwaffle 400 - Promethian child 1000 - Tarac Nor 50 - DarthCaboose 100 - Awulf 20 - Rlaph wolf 5 - macsuibhne 300 - Magnu Stormhawk Total: 33641/68000 That leaves 34359 shares still up for grabs.
Bad Bobby Ugly Toys	Posted - 2009.09.04 16:33:00 - [66] Originally by: Bad Bobby Originally by: Solisk Mind marking me down as paid? When did you send the isk? Aha, found it! You sent it to the corp wallet.
Bad Bobby Ugly Toys	Posted - 2009.09.06 17:19:00 - [67] Originally by: Kabu Abu Originally by: Shadowhawk38 Sent ISK to Bad Bobby since I had no idea where else to send it. Hope I'm not too late. should'nt be but what do i know been 2 days w/o as little of a confirmation on who's isk he has recieved or anything =/ Sorry. I am otherwise engaged with my Alliance Tournament team at the moment, so my time is at a premium. If you think that sending some isk to my wallet should result in me dispatching a singing telegram to you within hours, then you will be disapointed. If, on the other hand, you accept that I might post a new list including all investments I have received after a few days have passed then you'll be ok. If you are not happy with the level of dedication I have to this project, then I'm more than happy to return your isk.
Bad Bobby Ugly Toys	Posted - 2009.09.07 06:29:00 - [68] No reservations, just send your isk to Titans 4U and post here to confirm. This oppertunity will close on Monday 14th September. Payments received so far: 6416 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 600 - Mhagon 100 - Breaker77 75 - Shamasu 25 - YorikR32 400 - Nagapito 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 200 - LoveTehSexz 50 - Arcturus Canton 50 - Gagarthoe III 50 - Grr'k An'Har 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 300 - Norah Sin 300 - Regis Nex 100 - Chloyee 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 20 - Dafydd ab'Rhys 250 - ShogunAssassin 200 - Regis Nex 300 - Manandoun 5000 - Shikoh 10 - GX307 25 - Bouree II 500 - Ishikari 200 - PaaDii 100 - Moonacre 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 200 - Andron Blaxcor 20 - Seth Calhoun 250 - Skyvyr 100 - Moochai 100 - Sandrane Kipler 25 - ShotGun Willy 1000 - Fitz VonHeise 60 - Jin Nib 250 - Mienka 100 - Kithran 100 - Trebor DeCaldar 100 - Leviathan Taylor 500 - max ikabon 50 - Tyranus vonCarstein 75 - Aloe Cloveris 200 - FightingMoose 40 - lollerwaffle 400 - Promethian child 1000 - Tarac Nor 50 - DarthCaboose 100 - Awulf 20 - Rlaph wolf 5 - macsuibhne 300 - Magnu Stormhawk 250 - max ikabon 200 - Aelana Anais 500 - Solisk 25 - Gulnack 1 - Kazuo Ishiguro 100 - Kithran 400 - Bert Rebus 50 - Berg Bergerson 100 - Kabu Abu 10 - Daquaris 10 - Reginald Rartan 10 - Kahn Engineer 200 - sporkmonger 100 - Ith Ratheos 100 - Kiree Chancel 2 - trickamonis 150 - Shadowhawk38 Total: 35849/68000
Bad Bobby Ugly Toys	Posted - 2009.09.15 06:08:00 - [69] Hey kids! Give me until the weekend to sort a few things out. I have limited time until then. Unless something happens which allows me to fill the block before the weekend I will be refunding all the block 3 isk on Saturday. Then I'll be creating the vote for the shares and sending those out.
Bad Bobby Ugly Toys	Posted - 2009.09.15 17:53:00 - [70] Originally by: Nemex Does this mean we can still put in buy orders for shares? Yes, I'll leave it open for investment until Saturday. Just send isk to Titans 4U and I'll add you to the list. This was not my intention when I set the previous deadline, but life dealt me some bad cards this week and I need a few days to sort things out as a result. Originally by: Trebor DeCaldar here's hoping some new investors hop on board in the next few days. A number of parties have approached me about buying up all the remaining shares. I can't say anything more at this stage, but it is entirely possible that block 3 will be full by Saturday.

Bad Bobby Ugly Toys	Posted - 2009.09.16 13:38:00 - [71] Originally by: Breaker77 So you jump/warp in, kill 1 ship, and are stuck for a minimum of 30 seconds. Sounds like a deathtrap and ISK sink for a Titan pilot. Thoughts? Any ship is a deathtrap in the hands of an inexperienced or incompetent pilot. Take the Taranis, an exceptional PvP vessel that is a favourite of a large portion of the PvP skilled player population. Bad Pilot: I warp in, kill 1 ship, get webbed and scramed by his friends, lose my ship. Good Pilot: I warp in at range, let a couple of their tacklers come towards me, manuever so that the the tacklers are seperated by a reasonable distance, then go in and put a point on the first, kill him in a few volleys while his friend runs towards me to save him, then point his friend and repeat the process. Loot quickly, bookmark the wrecks, warp out before the main gang get in point range. Warp back later when the area is clear to salvage the wrecks. I could illustrate the same principles with any ship class you care to name and I have personal experience of being (at first) the bad pilot and (eventually) the good pilot in each of those ship classes.
Bad Bobby Ugly Toys	Posted - 2009.09.16 17:47:00 - [72] Originally by: Fitz VonHeise You will need more of them not less. I think that is something we can safely assume regardless of nerf, buff or stalemate. There will always be more of them. The pertinent question is more: Will they be produced from BPOs or BPCs? With the current tendancy for outsourcing of large industrial projects (which is only natural as the player base, industrial landscape and alliance structures mature) I would expect BPC production to remain strong. It is also entirely possible (I'd say rather likely) that I will myself be involved directly in Titan production projects outsourced from alliances involving Titans. I will, obviously, buy BPCs from Titans For You whenever possible in that eventuality.
Bad Bobby Ugly Toys	Posted - 2009.09.16 19:24:00 - [73] Originally by: TraderAlt 3104989531 Originally by: Bad Bobby I will, obviously, buy BPCs from Titans For You whenever possible in that eventuality. Really? Even if you can find cheaper BPCs? Note "whenever possible" which indicates there would be situations where it would not be possible to send the business this way. Those circumstances would include me finding cheaper BPCs elsewhere and not wanting to harm Titans For You profits by discounting to match that price. Originally by: TraderAlt 3104989531 Additionally, you being a possible customer mean you have an interest in keeping the BPCs prices low, an advantage to your titan building business but not so much to the investors. How will you make sure the BPC prices you offer are fair to the investors? By being paid 6% of profits from Titans For You BPC sales and by, potentially, being the single largest shareholder in the project. Also, Titan building profits are good enough that I don't have to rob my shareholders to earn a crust. Originally by: TraderAlt 3104989531 (Because I have nothing else to do than have you answer fear mongering questions ) Your fears are probably shared by others, it is always good that the questions get asked and answered. All you can do is insult my intelligence and integrity, which isn't exactly a new experience for me having run a number of publicly scrutinised operations in the past. Keep them comming.
Bad Bobby Ugly Toys	Posted - 2009.09.17 09:42:00 - [74] I've been made a private offer for 20b isk to be used to purchase the bulk of the outstanding shares in the 3rd block of this IPO. This offer would result in 20b of shares being owned by myself but with an obligation to repay the originator of the loan (rather than myself) should liquidation occur either from hit-by-a-bus or titan-market-failure. I have decided to accept this offer and we are just making the final arrangements. I will be leaving instructions for the Trustees via a corp mail in the super sekrit corp on how the repayment of this debt should be handled. Essentially they pay back the debt rather than paying me for my shares, so nothing controversial. This 20b will be repaid, from my pocket, over the next year (or sooner). I will have the option of selling on my 20b of shares to assist in this, or I can keep the shares and earn profits from them, but that will be my call. Once this debt has been repaid I will communicate this fact to the Trustees and shareholders so that everyone is aware that this obligation no longer exists.
Bad Bobby Ugly Toys	Posted - 2009.09.17 09:47:00 - [75] I'm at work without access to Titans 4U's wallet, so I can't update the list right now. But I can see from EVEMon that I have 47b on hand. 3b of that is the "war chest" for the IPO and 44b of that is investment in the 3rd block. 68b is our target, leaving 24b outstanding. With the 20b from the private arrangement mentioned in the post above we will have 4b remaining in block 3. So, potential investors, 4b by Saturday morning, go go go!
Bad Bobby Ugly Toys	Posted - 2009.09.17 12:07:00 - [76] No reservations, just send your isk to Titans 4U and post here to confirm. This oppertunity will close on Saturday 19th September. Payments received so far: 6416 - Ji Sama 2000 - BIG Brain 125 - Marcus Baltar 950 - Doc Alaska 100 - Compstomper1 100 - MadeOff 100 - Aelana Anais 500 - GavinCapacitor 600 - Bert Rebus 600 - Mhagon 100 - Breaker77 75 - Shamasu 25 - YorikR32 400 - Nagapito 100 - Matiks 1000 - Tamia Clant 25 - Dagreed 20 - firehelix 200 - LoveTehSexz 200 - LoveTehSexz 50 - Arcturus Canton 50 - Gagarthoe III 50 - Grr'k An'Har 50 - Chloyee 50 - 5ilent 5hift 200 - 4IROW 300 - Norah Sin 100 - Chloyee 100 - SaucyOne 250 - Kelltick 300 - Shusui 100 - Kane Portnoy 10 - GX307 40 - Yarinor 20 - Dafydd ab'Rhys 250 - ShogunAssassin 5000 - Shikoh 10 - GX307 25 - Bouree II 500 - Ishikari 200 - PaaDii 100 - Moonacre 50 - YorikR32 25 - Bouree II 1000 - Fitz VonHeise 100 - Kane Portnoy 500 - Jade Ando 200 - Magnu Stormhawk 50 - Iron Golem 100 - Kithran 300 - Pierced Brosmen 2000 - Miyuki Suzumiya 80 - Dafydd ab'Rhys 2000 - Steel Wraith 200 - Andron Blaxcor 20 - Seth Calhoun 250 - Skyvyr 100 - Moochai 100 - Sandrane Kipler 25 - ShotGun Willy 1000 - Fitz VonHeise 60 - Jin Nib 250 - Mienka 100 - Kithran 100 - Trebor DeCaldar 100 - Leviathan Taylor 500 - max ikabon 50 - Tyranus vonCarstein 75 - Aloe Cloveris 200 - FightingMoose 40 - lollerwaffle 400 - Promethian child 1000 - Tarac Nor 50 - DarthCaboose 100 - Awulf 20 - Rlaph wolf 5 - macsuibhne 300 - Magnu Stormhawk 250 - max ikabon 200 - Aelana Anais 500 - Solisk 25 - Gulnack 1 - Kazuo Ishiguro 100 - Kithran 400 - Bert Rebus 50 - Berg Bergerson 100 - Kabu Abu 10 - Daquaris 10 - Reginald Rartan 10 - Kahn Engineer 200 - sporkmonger 100 - Ith Ratheos 100 - Kiree Chancel 2 - trickamonis 150 - Shadowhawk38 250 - Lunewraith 250 - Bloedrivier 500 - Pieced Brosmen 250 - Hel O'Ween 100 - ginlaan 250 - Andrea Griffin 50 - Aloe Cloveris 30 - TheMahdi 500 - Tsang Chou 4 - DRKabal 500 - Bob Rockbreaker 1300 - Cpt Steo 500 - Nemex 1350 - Ji Sama 1000 - Space Defiler 400 - Promethian Child 2000 - Le Chevalier Total: 44283/68000 Plus, to be confirmed: 20000 - Bad Bobby Total: 64273/68000
Bad Bobby Ugly Toys	Posted - 2009.09.17 16:15:00 - [77] Originally by: Bad Bobby I've been made a private offer for 20b isk to be used to purchase the bulk of the outstanding shares in the 3rd block of this IPO. This offer would result in 20b of shares being owned by myself but with an obligation to repay the originator of the loan (rather than myself) should liquidation occur either from hit-by-a-bus or titan-market-failure. I have decided to accept this offer and we are just making the final arrangements. I will be leaving instructions for the Trustees via a corp mail in the super sekrit corp on how the repayment of this debt should be handled. Essentially they pay back the debt rather than paying me for my shares, so nothing controversial. This 20b will be repaid, from my pocket, over the next year (or sooner). I will have the option of selling on my 20b of shares to assist in this, or I can keep the shares and earn profits from them, but that will be my call. Once this debt has been repaid I will communicate this fact to the Trustees and shareholders so that everyone is aware that this obligation no longer exists. The terms for this have been agreed between myself and the private party. It is being treated as a debt from Titans For You to the private party, rather than the party holding shares as an investor. This means in the event of liquidation this debt must be repaid before isk is sent to shareholders. While this is to the slight detriment of shareholders in the short term, which I regret, I will be holding 20b in shares to match this debt and so this will become a non-issue after the first principle repayment is made. That combined with it being 20b out of a 204b IPO makes the effect to the individual shareholder in the case of early liquidation minimal.
Bad Bobby Ugly Toys	Posted - 2009.09.17 16:29:00 - [78] Originally by: GavinCapacitor Originally by: Bad Bobby A number of parties have approached me about buying up all the remaining shares. I can't say anything more at this stage, but it is entirely possible that block 3 will be full by Saturday. If you had several parties approach you about filling the rest of block 3 (lets say 20 billion, since that is what the one offer is), and if we assume 'several' is at least 4, then if you took them all up on their offers would it be possible to get block 4 going? (I realize this is not at all likely, just wondering) The combination of all the offers would not add up to fill the 4th block. We would therefore have to gather other investments to complete the 4th block. Given the extensive delays in fund raising we have seen already I have no desire to string this out any further. Also, none of these offers were in the form of "I want to buy 20b of shares", they were all more like "I can lend you 10-20b to fill that block under these terms". The offer I accepted was the most competitively priced one, but also the only one that I felt was at an acceptable price. To have taken all these offers to fill the 4th block would have placed an unacceptable burden on me or the IPO, depending on how we worked it out. Originally by: GavinCapacitor Secondly, If the IPO does well would it be possible to re-open it to investment to get the 4th titan BPO going? (possibly after the first dividends). I ask because in addition to liking the idea of having a full set of BPO's, I will probably have more isk I could invest then (most of the investors probably could aswell) and once you had paid out the first dividends people could be more likely to invest because of the increased credibility. It's always a possibility. Existing shareholders would have to vote in favour of such a move though. Originally by: GavinCapacitor It might also be worthwhile to see if either now or if/when we try to open up block 4 to get in the eve news that everyone sees when they log in (interstellar correspondents?) Yes, the news story that was put up part way through this launch had a fairly dramatic effect. It was my intention for it to have been timed slightly earlier, but I can't control the press. Originally by: GavinCapacitor In any case great job so far! I try my best.
Bad Bobby Ugly Toys	Posted - 2009.09.17 16:34:00 - [79] Originally by: eXistentiA sent 400 mill for more shares if these shares are unavaliable i apologise and please just refund the isk. (title suggested share are still avaliable) Yes, you can get 400m in. I'm not sure on the exact figure left but I think it is in the 2-3b ballpark.
Bad Bobby Ugly Toys	Posted - 2009.09.18 05:53:00 - [80] Originally by: firehelix First, I see my name on the list marked for 20 shares. I have sent 40mil in two 20mil chunks, one @ 2009.08.16 11:47 and two @ 2009.09.02 18:42. Secondly, I have sent an additional 55mil today. I've confirmed this from my wallet records, sorry for the oversight, I'll add the extra 75m to the list

Bad Bobby Ugly Toys	Posted - 2009.09.18 05:59:00 - [81] List updated, only 182m left to collect!
Bad Bobby Ugly Toys	Posted - 2009.09.18 06:08:00 - [82] Originally by: GavinCapacitor Originally by: Bad Bobby Originally by: Bad Bobby I've been made a private offer for 20b isk to be used to purchase the bulk of the outstanding shares in the 3rd block of this IPO. This offer would result in 20b of shares being owned by myself but with an obligation to repay the originator of the loan (rather than myself) should liquidation occur either from hit-by-a-bus or titan-market-failure. I have decided to accept this offer and we are just making the final arrangements. I will be leaving instructions for the Trustees via a corp mail in the super sekrit corp on how the repayment of this debt should be handled. Essentially they pay back the debt rather than paying me for my shares, so nothing controversial. This 20b will be repaid, from my pocket, over the next year (or sooner). I will have the option of selling on my 20b of shares to assist in this, or I can keep the shares and earn profits from them, but that will be my call. Once this debt has been repaid I will communicate this fact to the Trustees and shareholders so that everyone is aware that this obligation no longer exists. The terms for this have been agreed between myself and the private party. It is being treated as a debt from Titans For You to the private party, rather than the party holding shares as an investor. This means in the event of liquidation this debt must be repaid before isk is sent to shareholders. While this is to the slight detriment of shareholders in the short term, which I regret, I will be holding 20b in shares to match this debt and so this will become a non-issue after the first principle repayment is made. That combined with it being 20b out of a 204b IPO makes the effect to the individual shareholder in the case of early liquidation minimal. I am not sure I understand this, so here goes: Someone loaned you 20b to purchase the remaining shares in block 3. Except you hold those shares. Any dividends to those shares go to the person who gave you the loan by way of repayment. You might also pay them isk out of pocket. And then at the end of the day the loan is repayed you hold your 6% and those 20b worth of shares bought with the loan. I would also assume some sort of interest or flat fee is added so that the person loaning the isk would get a return on their investment. Right? Related Idea: (assuming I understand what is happening) after the IPO starts, put those shares up for sale, proceeds go to repay the loan. Not quite, but close. Someone loaned Titans For You 20b to fund the remainder of block 3. The shares that would have been used to fund that 20b, had they been sold normally, go to me. Any dividends from those shares go to me. I then have to pay the originator of the loan both interest on the loan and principle repayments of the loaned amount on a strict schedule. They make their return with the interest charged to me and their loan is secured by the Trustees who will have to repay the loan should I be hit by a bus. At the end of the day, once I have repaid the loan, I have my 6% profit cut and 20b of shares in Titans For You. Yes, I have the option to sell those shares to repay the loan.
Bad Bobby Ugly Toys	Posted - 2009.09.18 06:36:00 - [83] Investors, please check the lists and make sure your names are spelt correctly and the ammounts are correct. It will be much easier to correct my mistakes now than once I've sent out shares. The vote to create 203,000 shares has been started and will run for 24 hours. I will then have 204,000 shares to send out.
Bad Bobby Ugly Toys	Posted - 2009.09.18 16:26:00 - [84] Originally by: Kamikaze Grace Damn, Was not able to get onto forum and just sent 150 Mill. Bobby, if you can send back when you get the chance, that would be great. Refunded.
Bad Bobby Ugly Toys	Posted - 2009.09.21 06:39:00 - [85] The Avatar BPO is now locked down and is undergoing research to ME1.
Bad Bobby Ugly Toys	Posted - 2009.09.23 07:07:00 - [86] Edited by: Bad Bobby on 23/09/2009 07:11:13 Originally by: Pierced Brosmen Hi. Have not had the chance to check this thread for the last week. I have not had the chance to check if shares have been recieved or not and will look up on that when I get home later today. But I noticed a spelling error from the list. I have 2 payments in block 3 (+ one in block 2). one of 300 mill and one of 500 mill. I noticed that the name on my 500 mill payment is spelled Pieced Brosmen and not Pierced Brosmen. As said. I will check up on shares recieved when I have the chance to log into the game, just writing this now since this is when I first had a chance to check the list. I believe I noticed that error when sending out the shares, so I think you'll have all your shares when you check. On the subject of errors, I also noticed that one of the lists was 300 shares short. I sold 200 to someone who convoed me regarding block 4 and I have 100 more that I'm happy to part with to the first person who asks for them in this thread.
Bad Bobby Ugly Toys	Posted - 2009.09.23 07:55:00 - [87] Originally by: trickamonis If no one has yet took the remaining 100 off your hands I would be more than willing to take them. If so, I can get the ISK to you later today when I log in to game. Thanks. Sure send the 100m to Titans 4U and I'll send you the shares.
Bad Bobby Ugly Toys	Posted - 2009.09.24 06:11:00 - [88] Originally by: trickamonis Originally by: Bad Bobby Originally by: trickamonis If no one has yet took the remaining 100 off your hands I would be more than willing to take them. If so, I can get the ISK to you later today when I log in to game. Thanks. Sure send the 100m to Titans 4U and I'll send you the shares. Thanks, thats great. Just to confirm 100M ISK sent to Titans 4U. Shares sent.
Bad Bobby Ugly Toys	Posted - 2009.10.22 08:41:00 - [89] Edited by: Bad Bobby on 22/10/2009 08:42:39 Our first Titan BPC, an ME0 Leviathan BPC, will be ready in around 35 days. Currently demand for Titan BPCs is low, due to pre-Dominion uncertainty related to the Titan rebalance, so we won't be getting rich from this first BPC sale. Recent EBANK sales have struggled to shift their BPCs having sold 2 out of 4 at 10b each only after extending their auction. However, it's going to be many months before our ME1 Erebus and Avatar BPCs come out of the oven and by then we can expect everyone to be fully acquainted with the new-format Titans and the market should have stabilised again. What level of demand there will be and the prices we can achieve is anyone's guess at this stage, but I'm more than confident myself. I'm also making moves towards a Titan production operation of my own, although the results of the Dominion sov changes will determine how quickly that progresses. Should that operation launch successfully I will be looking to buy my BPCs from Titans For You in preferance over any other supplier, which will bolster demand. At present I expect that all BPC sales from Titans For You will occur publicly and will be open to all bidders, so investors need not worry about me using Titans For You as a investor-funded bargain-basement BPC supplier for my own interests. I'm not sure if I will be aquiring a Titan for myself, if I do it is likely to be an Avatar because there is something about a laser spewing cosmic death mushroom that appeals to me. [EDIT] One of these days I'll learn to spell.
Bad Bobby Ugly Toys	Posted - 2009.10.22 12:21:00 - [90] Originally by: Ji Sama I personally dont see any reason to try and sell the first bpc right now, unless your short on liquids! Titans For You is plenty liquid with about 3.5 billion in isk from our POS fuel budget and our war chest. Our only costs are POS fuel and office rental. So we don't need to sell any BPCs to keep things going for years. Personally, my liquidity is tiny, but that is normal as I like to be either working my isk or pew-pewing with it.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2009.10.31 11:57:00 - [91] Originally by: SetrakDark There is also the possibility of paying a small fee for someone who can find a buyer for the BPC, perhaps as a percentage of sale price above 10b (1% fee -> 11b sale -> 1% of 1b -> 10m fee). Just throwing a 10-15b item on the sell forums for a week isn't exactly making the best of its potential. I have already offered a finder's fee to a number of contacts in order to reward them for bringing me customers (it's worked well for me in the past too) but I'm not offering it openly to everyone as it would then amount to a % discount on all purchases. On the general subject of BPC sales, as our first will be ready in less than a month, I'm intending to take the following approach but I am always open to suggestions and discussion on the matter: I will create a shop thread, linked to and from this thread, in the sell orders forum. This will show an ETA for the next BPC of each Titan type and will list a pre-order price for each. Anyone wishing to take up a pre-order will have to pay a deposit equal to 10% of the final price and in so doing they will reserve that BPC and have first refusal on it at the pre-order price (minus their deposit) at the time that it becomes available. Anyone backing out on a pre-order forfits their deposit and in so doing makes the BPC available for general sale. Those BPCs that do not find buyers through pre-order on the shop thread will then be sold by a combination of in-game contract and forum sales or whatever other means I may dream up. I have offered a percentage finder's fee to a number of business contacts (the actual percentage differs from contact to contact) that I will honour should they bring me a purchase. This fee will also apply to bringing me pre-orders deposits, even if the final sale falls through.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2009.11.10 12:12:00 - [92] Originally by: Ji Sama Originally by: Kalrand Originally by: Dzil Hey, I know I represent all of a whopping 200m in this venture, but maybe this would be the right time to execute a round of ME / PE research on the BPOs, till demand recovers? I don't mind waiting out a recovering in the BPC price till next cycle; an investment in the value of the BPO guarantees an increased value of the shares. This is a very good idea. I second this. I too believe this is a good idea, as I did when I first proposed it back when we first discussed the launch of this operation. Originally by: Kithran This is the situation with the BPOs at the moment as far as I can tell Leviathan ME 0 - in copy, due to complete this month Erebus ME 0 - in ME research atm, due to complete January Avatar ME 0 - in ME research atm, due to complete February I believe the plan was to put the Leviathan into ME research once the copy has been completed. There will be time to see what effect Dominion has before any of the other prints come out of research. Kithran Pretty much spot on. So after the Leviathan BPC comes out in a couple of weeks it's going to be April before we get another copy, which will be ME 1 and everything will have settled down some from the Dominion changes. Originally by: Breaker77 Originally by: Titans 4U If you can't justify the cost of claiming sovereignty and installing upgrades without building supercapitals then, quite honestly, you're doing it wrong. 2000 posts of people from just about every 0.0 alliance stating that they would rather run level 4 missions in highsec because it is more profitable and mostly risk free would indicate to me that titans are dieing and will be dead very soon, along with the majority of 0.0 unless the upkeep costs are tweaked which CCP has stated in that thread they are considering changing them. Originally by: Breaker77 Originally by: Ji Sama Good for you breaker :D Some of us think otherwise. You might be right, you can very well be right. I have a good chuck of ISK in this venture as well, so I have a lot on the line just like you and everyone else involved. I'm not trying to be the gloom and doom naysayer, but as it stands now Dominion is a massive nerf to 0.0 space. The figures I've been seeing suggest that CCP will be lowering those costs before the final release of Dominion. However, I do not share the opinion of the 2000-odd alliance members that have complained about the system prices. I as a founding member of a 0.0 alliance welcome the changes, I see them as an enhancement to my playstyle and good shake up of the status quo. But this shouldn't be suprising, the pro-status-quo crowd will complain because their are going to lose out and it is in their interest to complain. I'm going to benefit, so I'm pro the changes. It's just differing perspective and the fact that I keep a lean mean PvP focused alliance which is ready to adapt and overcome whereas others keep bloated monolithic alliances stuffed with farmers, carebears and forum whiners to whom the concept of change is as terrifying as the idea of undocking/uncloaking with reds in local. But let's save that for a different forum. I know I'll be on the frontlines pew pewing people in my Avatar and I expect, given my propensity for drunken pew, I will be a frequent customer for replacements. I don't think I'll be the only one.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2009.11.30 08:07:00 - [93] I keep getting enquiries about purchasing the Avatar and Erebus BPCs, which will not be ready for some time. The issue with this is that I am hopefull that BPC prices will recover a little in the future so it is difficult to pitch a price effectively. Therefore I am generally going for a proposal whereby a deposit is paid and a maximum price is agreed but if the "market price" at the time of sale is substantially lower we will adjust the final price to compensate. We still get a non-refundable deposit on these sales far in advance, so I feel the deal is fairly balanced.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.05 12:10:00 - [94] Originally by: BlackMail so whats going on with this? havent heard anything There hasn't been much to report. Research and copying of the BPOs has been proceeding as planned and no sales have been made due to the current state of the Titan market. Originally by: Breaker77 It's completely failed and I'm buying shares at 50% original price, convo me if interested in selling I smell manipulation. Originally by: Varo Jan How much longer before you decide the market is dead? Much longer. The Titan has been substantially rebalanced in the recent patch and while this is a nerf from their previous potency it hasn't made them useless and has made them more prone to being used in the kind of engagements where they are liable to be destroyed. Titans will continue to be used and lost and as time goes on they will be used and lost in even greater numbers. Those losses will need to be replaced and a portion of those replacements will be produced from Titan BPCs. In addition to the rebalance which has given pause to both Titan pilots and manufacturers, we have seen a complete overhaul of sov mechanics which has drastically changed the 0.0 landscape that Titans are customarily employed and produced within. Add on the bug/lag effect that is currently experienced in 0.0 in any sizable fleet action which is making many fleet engagements a very one sided affair and giving fleet commanders good reasons not to employ large quantities of the more expensive capital assets... it's not at all suprising that the Titan market has taken a nosedive. However, once the lag has been fixed and the Titan and sov changes have been fully adjusted to we are going to see a return of the frequent Titan lossmail and an associated improvement in the Titan market. We're already seeing evidence of this. It remains to be seen how far the rebound in the Titan market will go and how profitable BPC production will be long term, but this is definately not the end for Titans. We need to give it a few more months at least. Originally by: Varo Jan If you were to liquidate now, what percentage would you be able to recover - max and min? I'd have to look at the sales of Titan BPOs to give a price on that, but I'd say that now is probably the worst time to sell one. In addition to selling the BPOs, it's worth remembering that ME research on the BPOs and the copying to produce BPCs takes 4 months per run, to terminate the operation part way through means to lose all the progress to that point. It would make sense to plan for liquidation so that we can do it as each BPO completes a cycle so that we have BPCs to sell (at firesale prices if needed) and ME1 BPOs to sell at better prices than ME0 examples. Originally by: Varo Jan Two trustees appear to have left the game. Will that prevent you from liquidating? The absence of trustees has no effect on liquidation provided I am still around. Now I do understand your concerns, even though I believe the current situation is temporary, so I'll formulate a liquidation plan that fits in with the current research and copying schedule. That plan will have milestone dates where it makes sense to decide wether we put a BPO back in for another run or take it to Jita for liquidation. We can then discuss the matter prior to each of those milestones so that I can make a decision.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.05 15:35:00 - [95] Originally by: Varo Jan Originally by: Bad Bobby Originally by: Varo Jan Two trustees appear to have left the game. Will that prevent you from liquidating? The absence of trustees has no effect on liquidation provided I am still around. I¦m confused. I thought trustees were put in place to mitigate against the risk of you scarpering? Yes, they can make it hard for me to scarper with the BPOs by voting against an unlock but if they don't do that I can unlock and liquidate. This may be a concern from the security point of view, but it isn't a concern from the liquidation point of view. Originally by: Varo Jan The current benchmark for an ultra-safe investment is BMBE bonds, paying 3% monthly. This project has risks, all of which you have outlined previously, so the return ought to be higher - and I¦d suggest 100 basis points is very reasonable. In other words, if you have not and do not expect to make at least 4% monthly, you should liquidate. The comparitive risks of investing in BMBE in comparison to this are debatable. TornSoul has a good reputation and a good record of past performance, as do I. I believe that BMBE's loans are secured, but the only solid security for a loan is a locked down BPO and Titans For You has that too. The underlying assets are similar and secured in similar ways. The comparison of TornSoul's offering to this one is also a matter of apples and oranges. TornSoul's offering was marketed as a 3% fixed-rate Bond whereas this was marketed as a profit sharing IPO. He provides guarentees of a return, mine offers the potential for more at the risk of less. If I was going to offer a minimum % return at any point, then I would have just launched it as a low interest Bond in the first place. Using TornSoul's offering as the benchmark for the "failure point" of an IPO simply does not make sense. Such a benchmark would have to be taken from the advertised terms of equivalent IPOs or from the actual performance of IPOs that failed to return and liquidated in response. I think you'll find the average yield of such things is much lower than 3% and the idea of posing a 4% failure point is lunacy. Furthermore, when you consider that this IPO is still in it's "winding up" phase then the idea of it underperforming isn't so unusual. I've seen plenty of IPOs start slowly and only where an actual minimum return was advertised have I, or would I, insist on closure in response. I have 20 billion invested in this IPO and I have as much reason to complain as the next man. I understand your concerns, but I think your expectations are unreasonable.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.05 16:52:00 - [96] Originally by: Dzil I think it would be better to allow trading of shares and supply/demand offer to those seeking early liquidation a way to move out of this offering. My hunch is the shares of this IPO will value higher than the firesale of an entire titan BPO, let alone 4 of them. IE you'll get more isk back selling your shares back to other people in MD than the cashout value of a complete liquidation. I have no problem with the trading of shares and I've brokered several Titans For You share trades already. I agree that for those that wish to cash out now this is the best way for them to go.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.06 07:22:00 - [97] Originally by: Varo Jan Shar and Kazzac haven¦t been around in ages, and should be replaced. Shar is still around. I don't know about Kazzac though.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.07 07:11:00 - [98] Originally by: Varo Jan Excellent news, his contributions have been missed. Then he won¦t mind posting here to confirm, will he? It's quite possible that his contributions are the reason why he hasn't been able to post for a while.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.07 07:23:00 - [99] On the assumption that Kazzac is MIA, I'm happy to install another trustee. Cosmo, are you available?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.08 09:57:00 - [100] Originally by: cosmoray I got 1 spare ALT spot left. I can do it if you want. The approach I suggest is to create an alt on a trial account, add that to the sekrit titan copying corp and then let the trial lapse. This way it does not use up one of your subscribed account slots. Should there be a need for you to sub that trial account in order to liquidate T4U then the costs would be covered as part of the liquidation. The shares that you use to monitor unlock votes are a seperate issue and ideally should be held by a character that you log on to regularly. Provision was made for 1% of profits to be paid to each Trustee in order to compensate them for their involvement. Some Trustees have waived this right, but the choice is yours. Originally by: Emmgel I have a spare alt - if needed - for the remaining position. Originally by: Vaerah Vahrokha I can join in with an alt and help at the task. Thanks for the offers, we are only seeking to add one additional Trustee on the basis that Kazzac is MIA. I've seen Shar in-game so I believe him to still be active, however I do not know if he currently has forum access. I will try to make contact with him and if I have no luck we can then make moves to replace him.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.08 15:51:00 - [101] Originally by: cosmoray I can set up a trial account, and hand shares to cosmoray who is on everyday. Be completed in next 2 days. Much appreciated cosmo!
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.09 07:29:00 - [102] Originally by: Shar Tegral Originally by: Varo Jan Excellent news, his contributions have been missed. Then he won¦t mind posting here to confirm, will he? Originally by: Bad Bobby It's quite possible that his contributions are the reason why he hasn't been able to post for a while. Not even close actually. I got sick had high risk surgery and spent time recuperating. While I was recuperating I found that not posting here was better for me than it could ever be for everyone else so I've not bothered reading the MD besides certain exceptions. Since it will be asked, the exception(s) is: A few people I still keep in touch with do read the MD. If, in their opinion, something is posted that they think I should read. This is the first thing in months, truly, that I've seen that is worth posting on. Yes, I still have trustee shares. Yes, I still keep an eye out. Yes, I am still around. No, I wasn't banned. That's it, nothing to see here. PS: Like I've always said to the many trolls, leave me out of stuff and I'll be happy to never post again. Thanks Shar. Sorry for assuming you had been banned again, I really just stuck my finger in the air and thought that was the most likely direction the wind was comming from. I'll raise a glass to your health, in the hope that you are better able to enjoy it away from MD aggro!
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.13 06:58:00 - [103] Originally by: Bad Bobby Originally by: cosmoray I can set up a trial account, and hand shares to cosmoray who is on everyday. Be completed in next 2 days. Much appreciated cosmo! Share creation complete. Is your trial account ready?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.01.15 07:53:00 - [104] Originally by: Kazzac Elentria Originally by: Bad Bobby On the assumption that Kazzac is MIA, I'm happy to install another trustee. Cosmo, are you available? I'm still here and there. Get about 15 minutes of EVE time a day between work and family, but still logon almost daily to run a few orders and stick some crap in the cooker. I haven't drop dead yet Yes, I caught Kazzac online yesterday and had a quick chat with him then asked him to make a post. I'm still happy to install cosmoray as an additional trustee since I've already created the shares, he's already created the trial alt and an extra trustee isn't something I have a problem with.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.02.13 12:05:00 - [105] Sure thing PP. Will post an update later and will put something in the first posts too. (Pew-pewing atm)
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.02.13 16:21:00 - [106] Originally by: Proton Power I have not been able to watch this thread, so would like to have a quick re-cap of whats going on. How much in Divies Paid (If Any) What is current plant, when will holders see dividends Why are so many people selling off these shares (Assume because no divies) Just a quick recap would be great, I am sure other investors have not followed this 40+ page thread and would like an idea of whats going on as well. No dividends have been paid. We have produced 1 ME 0 Leviathan BPC so far. This has not been sold due to the state of the market at the moment. I can push for a sale at a low price and pay out a small return or we can hang on for improvement. My feeling is that prices of ME0 BPCs are always going to be poor so we may as well shift it now. Our war chest still has plenty to cover POS fuel for a long time, so the operation itself is not at risk from starvation. We have around 50 days before the Leviathan BPO reaches ME 1. We have around 60 days before the Erebus ME 1 BPC pops out. We have around 90 days before the Avatar ME 1 BPC pops out. Timings here are deliberately imprecise, for reasons of operational secrecy. If we are looking towards a long term recovery on the Titan BPC market then we're perfectly well positioned to take advantage of it, should it occur. Even if prices remain subdued we can produce a low return selling BPCs even at current prices. If we are looking to pull out of the operation then I would advocate doing so in stages as each BPO comes out of research so that we do not lose any of the results of the time spent. My verdict is to sit and wait for 50 days and review the situation then. Selling the Leviathan BPC during that time if possible. Obviously shares are being traded heavily due to the lack of dividends and the state of the market. My own isk is being channeled heavily into Ugly Toys, which is doing very well. Once I've stopped expansion there, returns on that start rolling in and I clear a few of the less beneficial debts I will start buying up Titans For You shares myself at face value. Even if we close down the operation I am inclined to secure enough shares so that I can purchase the Avatar BPO for myself, if only so I can have my own steady supply of Cosmic Death Mushrooms to expend in psychadelic PvP lightshows.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.02.15 07:39:00 - [107] Originally by: Fitz VonHeise Originally by: Etara Silverblade I still have 600 Shares left to sell. I won't take less then original value since the invested isk is secure enough but I just need to liquidate for a personal venture. Originally by: Terrare Vordai Looking to liquidate 300 shares, convo me. 1M/share min. Originally by: Randomina Randomona Selling 800 shares at 1 mill a share. send money to this char if interested and shares will be sent to you within the hour. If all of you get Bad Bobby to act as 3rd party then I will buy all shares from you at that price. Always happy to do this. Please contact me and await confirmation before sending me any shares however, so that I can keep track of them.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.23 07:35:00 - [108] Originally by: Varo Jan So why retain 500m? Annualised returns are paltry as it is. Are you really suggesting that I should inflate the dividend by ignoring operational costs?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.23 12:41:00 - [109] I accept that there is an oppertunity cost involved with keeping a liquid fund to cover contingencies. However, I believe that it is a necessary one. We are talking about 1.3% of NAV kept liquid to provide a buffer against planned and unplanned costs. Even if I were to scale it back to half it's current level, all that would achieve is a fraction of a percent returned to investors in exchange for the reduced security of the remainder of their investment. I don't see that as a wise move.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.23 14:17:00 - [110] Varo, you know full well that costs have to be taken into consideration when calculating profits. You know that POSes need fuel and offices need rent. So, are you trolling me or what? Originally by: Varo Jan What percentage annual dividend do you believe you will be able to pay investors? Based on 9 BPCs per year at 5b per BPC, yielding 45b in revenue, deducting about 2b in costs for 43b in profits, 40b in annual dividends which is 19.6%. Averaged out that would be 1.6% per month. I'm hoping for more than 5b per BPC, but it depends on how the Titan BPC market behaves.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.23 19:45:00 - [111] Originally by: Varo Jan So what swallowed up 3.5B in a few months? Nothing has. It's a war chest.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 07:51:00 - [112] Originally by: Varo Jan Originally by: cosmoray Some costs are going to be required. Remember that the initial costs were based on a Titan BPC selling for 10B ISK. In that scenario 10% or 1B ISK would be taken for costs. Now that the BPC is selling for 5B ISK the 1B for costs still needs to be deducted, though this does have the effect of making costs total 20% of revenue on sales. No, it does not. Costs were set at 6% of sales for BB and 1% for the sole Trustee who insisted on being paid for his onerous responsibilities. Whether the BPCs sell for 5B or 20B is immaterial. This is not true (neither Cosmo or Varo). Costs were not set at 6% of sales (or 10% as per Cosmo's suggestion), my cut was set at 6% of profits, the trustees cut was set at 4% and reduced to 1% of profits, the remaining 93% of profits go to investors. Originally by: "The second post in this thread" Profits will be divided such that I will receive 6%, the trustees have been allocated a total of 4% and the shareholders will receive 90%. So far 3 of the 4 trustees have waived their right to claim their payment and their share will go to the shareholders instead. Notice the key word "profits" there? Profits are calculated by deductinng costs from revenue. This is why I think you are trolling me Varo, because you know all this and you know this is how it has to be done and yet you are raising an objection to it anyway. How come you are able to bring up quotes from five months ago to support your argument but you are aren't capable of reading the IPO document? Originally by: "Varo Jan" Quote: It would be too dangerous to remove all liquid capital from the business. What happened if an opportunistic/unlucky wardec hit and the POS was put into reinforced which could have effect of cancelling the copying jobs. In this type of operation there is always a need for emergency capital. Who's talking about removing all liquid capital? BB claimed that the 3.5B was sufficient for years of operating and for a war chest. It just strikes me as odd that he suddenly changes his mind and adds the minor sum of 500m to his "war chest" (nice, emotive words) instead of paying his investors. I don't think it was you that was suggesting this, I think this was RAW's interpretation of your question that suggested this, it's also the logical end point of your suggestion that we should use cash reserves to cover costs. The war chest is there as a temporary buffer and what comes out of it has to go back in. It was 5 months ago that I stated we had about 3.5b and it has been 8+ months since we started this operation, the war chest has paid for most of the costs incurred and it has to be topped up. Personally I think this is a silly argument caused by the fact that none of you have actually read and understood all the material in the two threads for this IPO. I can't blame you for that, because there is a lot of material there, but when it leads to you quoting non-existent IPO terms at me then you've gone well off-piste. Originally by: "Varo Jan" He of all people has both the expertise and the resources to call on in the event of a war - and to ensure that war costs are minimised. I may be able to minimise costs but I can't eliminate them completely. Defending the POS could cost isk, replacing lost infrastructure could cost isk and all manner of unforseen costs could occur. Which brings us to the case that I get hit by a bus and the trustees have to organise the operation, protect it and shut it down in stages. They will need isk to cover GTCs, they will need isk to cover defence, they will need isk to cover costs. In this situation it doesn't matter how much force I could have brought down on attackers because I would not be there to do it. There are many theoretical situations where the war chest could be essential and that is why we have it. That is also why I do not want to see it emptied by operational costs.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 11:49:00 - [113] Last month, I wrote this in response to PP's request for an update: Originally by: Bad Bobby Originally by: Proton Power I have not been able to watch this thread, so would like to have a quick re-cap of whats going on. How much in Divies Paid (If Any) What is current plant, when will holders see dividends Why are so many people selling off these shares (Assume because no divies) Just a quick recap would be great, I am sure other investors have not followed this 40+ page thread and would like an idea of whats going on as well. No dividends have been paid. We have produced 1 ME 0 Leviathan BPC so far. This has not been sold due to the state of the market at the moment. I can push for a sale at a low price and pay out a small return or we can hang on for improvement. My feeling is that prices of ME0 BPCs are always going to be poor so we may as well shift it now. Our war chest still has plenty to cover POS fuel for a long time, so the operation itself is not at risk from starvation. We have around 50 days before the Leviathan BPO reaches ME 1. We have around 60 days before the Erebus ME 1 BPC pops out. We have around 90 days before the Avatar ME 1 BPC pops out. Timings here are deliberately imprecise, for reasons of operational secrecy. If we are looking towards a long term recovery on the Titan BPC market then we're perfectly well positioned to take advantage of it, should it occur. Even if prices remain subdued we can produce a low return selling BPCs even at current prices. If we are looking to pull out of the operation then I would advocate doing so in stages as each BPO comes out of research so that we do not lose any of the results of the time spent. My verdict is to sit and wait for 50 days and review the situation then. Selling the Leviathan BPC during that time if possible. The time has come to review the situation and decide what to do next. Originally by: cosmoray If investors are unhappy with dividends, they can sell their shares or push for a liquidation. Selling shares is an option that is open to everyone and I will continue to provide free third party services on any trades if asked. The option of liquidation needs to be discussed properly and we need to decide if our current choice is to continue or liquidate, if we choose to continue we need to choose a point at which we will look at this question again. So, I will post another update on the current situation. Then we can discuss the two alternatives so that everyone is informed and opinions are shared. Then we can move to a decision on what to do next.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 12:03:00 - [114] Sales So far we have sold our one and only BPC. Which was a ME0 Leviathan BPC. This was not sold when it was first produced because demand had contracted due to the Titan rebalance and it was very difficult to get a sale. I decided that instead of pushing hard for a sale at that time I would allow the dust to settle and hope that things would improve in the short term. Having reviewed the situation more recently, I decided to go forward with a sale at 5 billion isk. I then distributed our first dividend. War Chest Our war chest, having covered most of our operational costs for the last 8-9 months was topped up with 500m taken from our first sale. Our cash reserves are at a level I am happy with. BPOs Our Leviathan BPO reaches ME1 in the next week. Our Erebus BPO is at ME1 and will produce it's first BPC in under 30 days. Our Avatar BPO is at ME1 and will produce it's first BPC in under 60 days. Timings are deliberately imprecise.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 12:45:00 - [115] The decision Our Leviathan BPO comes out of ME research in the next week. We need to decide before then wether we are going to continue operations and put it back into copying, or move to liquidation and sell the BPO. The option to continue If we choose to continue, the Leviathan BPO goes in to copying alongside the Erebus and Avatar BPOs. All three are at ME1 and we are therefore capable of producing 3 ME1 BPCs every four months. Based on that production schedule we can project our profit levels for each four month period. Obviously profits depend on how much we can sell the BPCs for. We just sold an ME0 Leviathan BPC for 5 billion. Recent forum auctions of ME0 Leviathan BPCs have acheived the same result. Contracts for ME0 Leviathan BPCs at 6 billion have had difficulty finding buyers and there are competing contracts for ME1 Leviathan BPCs going at 6-7 billion. It is reasonable to project a sale price of 5-7 billion per BPC, but it depends a great deal on how the Titan market goes and opinions on this will vary widely. It is possible that the market could improve or deteriorate further in the comming months. So assuming we get the bottom end of my prediction, at 5b per BPC, we are looking at 15b every 4 months in revenue. Costs vary depending on fuel prices and the effectiveness of any efforts I may take to generate additional profits to mitigate operational costs. I'd go for a cost base of 500m per 4 months right now but that could be higher or lower. Therefore we are looking at 14500m per 4 months in profits. 93% of this goes to dividends, which is 13485m. Divided between 204,000 shares that gives us about 66,000 isk per share per 4 month period, averaged over those 4 months that gives us a little over 16,500 isk per share per month (1.65% monthly ROI). Obviously anyone unhappy with the return will be able to sell their shares on. The option to liquidate If we choose to liquidate, the Leviathan BPO is put up for sale. As each BPO finishes it's copying the BPO and BPC produced is put up for sale. Profits from BPC sales will be distributed as per the IPO agreement with 93% of profits going to investors. Proceeds from BPO sales will be distributed 100% to investors (with no share for me other than that which I am entitled to as a shareholder). Once the last BPO comes out of the labs the POS will be dismantled and sold, proceeds will be distributed 100% to investors. There is plenty of room for debate on this liquidation approach. We can choose to keep the POS going and keep the BPOs in the labs until we find a buyer, this might complicate matters and reduce the potential audience for our BPOs but it could also generate additional returns. We would also need to discuss the unlocking procedure and other matters of process and security. Prices for BPC sales can be expected to be as with the option to continue. However this leaves the question of how much we can get for the sale of each ME1 Titan BPO. If we cannot get NPC price, then investors will lose money, if we can get NPC price or better then investors will make money. So what do we do? Discuss away, lets have your opinions here. If there is any doubt about the majority opinion on this then I can arrange a shareholder vote to determine our course of action.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 12:52:00 - [116] Originally by: Breaker77 Originally by: Bad Bobby Originally by: cosmoray If investors are unhappy with dividends, they can sell their shares or push for a liquidation. The option of liquidation needs to be discussed properly and we need to decide if our current choice is to continue or liquidate, if we choose to continue we need to choose a point at which we will look at this question again. Another issue with deciding to liquidate sometime in the future is that selling a titan BPO, even researched, would probably not cover the costs involved so far, and perhaps not even the BPOs themselves. As stated when this was still in the initial discussion, this is a long term investment. For people wanting to jump in and get rich overnight, this is not for them. Also the first BPC was a leviathian at ME 0 no less I have a feeling the Erebus and Avatar will go rather quickly at a decent price once they finish being copied, but I could be wrong. I agree with you. I don't see liquidation as being the correct choice and I don't see this as the right time for it. I think we have got through the slow period of setup while all the BPOs get to ME1 and we're now at the point where our investment pays us back. If it goes to a vote you can assume that my 21000 votes will be cast for "continue!". For those that decide this is not the right investment for them, the best option is to sell their shares on to others.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 13:45:00 - [117] Originally by: Entaran Bad Bobby has asked me to confirm via post to this thread the following: Contract sealed for the supply of 1x ME1 Leviathan BPC, 1x ME1 Avatar BPC to be delivered on exit dates from respective laboratories in undisclosed highsecurity location. Price agreed to is 14b for both BPC's, 10% deposit to be paid to the corporation involved, 5.6b further on delivery of Avatar BPC (Due first) and a further 7b on delivery of the Leviathan BPC (Due second). Further information regarding availability and spread of BPC's coming out over the next 12 months has been formally requested. Bad Bobby is to reply to this post to confirm this arrangement. Confirmed.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 14:28:00 - [118] Originally by: Varo Jan My apologies, Bobby. I did misread the original post, and shouldn't have. No problem Varo. It's not the first time that you and I have had difficulty communicating and it probably won't be the last! Originally by: Varo Jan A simplistic Profit and Loss statement from inception would be something like this: Sales 5000 Costs (6m?)900 Profit 4100 6.00% 246 1.00% 41 Net Profit available for distribution to shareholders:3813 Yes, I was tired and somewhat drunk when I made the sale, so I only made a brief post to cover it... Originally by: Titans 4U We have just sold a ME0 Leviathan BPC for 5000m. 500m has been retained to cover costs. 315m has been distributed to staff and trustees. 4185m has been distributed to shareholders. ...followed by the explanation of the staff and trustees share... Originally by: Titans 4U 270m (6% of 4500m) went to me. 45m (1% of 4500m) went to the one trustee that is taking a fee. I thought that covered it, but I probably should have followed up with something more clear and complete. As you can see, all the numbers are there but the clear differentiation between the revenue/cost calculation and the profit share was not. Numbers are not my strong point so I do have difficulty presenting them clearly, since I don't understand them like others do, so I normally spend a lot of time making simple posts with numerical content... posts like that one made during the middle of a drunken PvP op clearly lacked that time investment! Originally by: Varo Jan So, if anything, the 500m you retained is probably less than actual costs of some 900m since inception, and the profit has been overstated. The profit hasn't been overstated, but the revenue and costs have been understated. As you observed there is an element of "unused capacity" present in a large research POS manned by a highly skilled research alt that allows me to mitigate the operational costs somewhat. Obviously that mitigation is limited by the amount of cash the operation has to spend on any sideline and the amount of time I can afford to spend on something that generates a very small profit for me as an individual, therefore I haven't managed to eliminate operational costs entirely. Also, I didn't start that mitigation until recently.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 14:55:00 - [119] So with recent sales agreements in place: Our Leviathan BPO reaches ME1 in the next week. Next BPC in around 120 days. [Pre-ordered for 7b] Our Erebus BPO is at ME1 and will produce it's first BPC in under 30 days. Our Avatar BPO is at ME1 and will produce it's first BPC in under 60 days. [Pre-ordered for 7b] I'm looking for a buyer for the Erebus BPC to complete the sales for our next 4 months of production. Assuming that comes in at 7b, our projected revenue for the next 4 months would be 21b, our profit would be 20.5b, our dividend pool would be 19b, our dividend per share would be 93,455, our averaged monthly dividend would be 23,363 and that would give us an averaged monthly ROI of 2.33%.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 16:07:00 - [120] Hmmm. There was meant to be a linky in my post. It appears that I fail at internets.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 16:20:00 - [121] Originally by: Ji Sama FYI we are not allowed to bump threads, and recomending this would be a violation of the terms that all eve players must agree on when the purchase an account.! I thought a once daily bump was permitted in the sales threads... or at least that appears to be the standard.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 16:52:00 - [122] Originally by: Breaker77 While technically only the character that started the thread is allowed to bump it in the sell forum, here are some prime examples of anyone doing it I've bumped the T4U sales thread with a fair portion of my alt army over the time it's been there. I suppose if nobody complains then nobody cares. Anyway, back to the point at hand... Nobody has voiced any support for liquidation so far and I believe at least 40% of the Titans For You shares would vote to continue (myself, Ji and a couple of other large sharholders I am in contact with account for 40% and would all vote to continue) so I'm not inclined to bother with any shareholder votes on this issue so far. Obviously cutting a deal for 2/3 of the next 120 days of production pretty much concretes that position as it removes much of the uncertainty over the returns. Looking forward to the 120 days after that, my view is we should discuss the subject again at the start of that period. The discussion is still open for now, but in a few days time we'll be locking ourselves in to the decision as I will be accepting the deposit for the two BPCs I closed the pre-order on today.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.25 21:09:00 - [123] Originally by: GavinCapacitor I do notice that we are copying all of our BPO's are copying at ME 1. Are there any plans to research 1 or 2 of the BPO's to ME2? I don't want to go through another 8 month gap between BPC profits. ME2 would allow us to differentiate ourselves from less researched examples but we're unlikely to be able to get premium pricing on them as ME2 doesn't save that much compared to ME1 and therefore there is no good reason for producers to pay much more for it. ME1 on the other hand boosts our sale price by a considerable percentage over ME0, even more so now that BPCs are worth less than they were. Originally by: GavinCapacitor I'm sure most of the investors (myself included) would be willing to buy more shares - specifically enough to purchase a nagnarok BPO. It's possible if a well researched Ragnarok BPO comes up for sale at a cheap enough price. But I wouldn't want to go through getting a fresh BPO and ME researching it before copying again.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.26 06:27:00 - [124] Originally by: Emmgel I hold 20,000 shares, and am not part of the 40% BB mentions. I would vote against liquidation Suspect that forms a majority of the shareholding... Emmgel Yes, I think that pretty much closes the debate on liquidation for now. We'll look at it again in 120 days.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.03.31 19:53:00 - [125] 1,820,000,000 received as deposit on pre-orders 109,200,000 (6%) sent to me 18,200,000 (1%) sent to trustee 1,692,600,000 (93%) distributed as dividend to shareholders
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.04 21:08:00 - [126] Originally by: Bad Bobby Originally by: GavinCapacitor I'm sure most of the investors (myself included) would be willing to buy more shares - specifically enough to purchase a nagnarok BPO. It's possible if a well researched Ragnarok BPO comes up for sale at a cheap enough price. But I wouldn't want to go through getting a fresh BPO and ME researching it before copying again. While I've not found an attractive deal on a Ragnarok BPO yet, I am exploring this possibility. As stated I would not be interested in buying ME0 BPOs but I am considering options for well priced ME1 or better BPOs and not just for the Ragnarok. However prices would have to be very good to tempt me. How do we feel about returns in the 2% - 2.5% region on Titan BPOs? Are further well researched examples an investment that you would be interested in or is it something that you would not touch with a pole of significant length?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.18 20:28:00 - [127] I hope this is in the right place. I'm BB's OH and he's asked me to post to let anyone involved know that he's been taken into hospital (nothing really serious but he's being kept in over night while they monitor him) so any deliveries he was due to make today will be delayed for a couple of days. Hope that makes sense.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.21 06:00:00 - [128] I got back home yesterday and I'm on the mend. 5,430,000,000 received as the balance on a pre-order 325,800,000 (6%) sent to me 54,300,000 (1%) sent to trustee 5,049,900,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 (equivalent to a dividend of 2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 (equivalent to a dividend of 0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 (equivalent to a dividend of 0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 (equivalent to a dividend of 2.47%)
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.24 16:01:00 - [129] +21000 votes for YES!
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.24 16:22:00 - [130] Originally by: Ji Sama Bobby, please use my shares to vote yes. +17000 votes for YES!

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.24 17:05:00 - [131] Originally by: Breaker77 Are you taking reservations at this time as well? First we'll let the vote pass, then I'll allow one week for existing investors to buy new shares. Then I'll open it up to everyone. No reservations.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.24 17:12:00 - [132] Originally by: Phoebe Halliwel Please use my shares to vote yes. +2800 votes for YES!
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 04:34:00 - [133] As existing shareholders are being given 1 week to buy shares before new shareholders, the simple way to achieve what Gulnack suggests is to simply buy up and then re-sell the shares at a premium. That way the extra isk goes directly into existing shareholder's pockets, where it belongs, rather than into T4U's coffers.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 20:08:00 - [134] I am buying 10000 shares.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 20:20:00 - [135] Originally by: Sandrane Kipler wtb a humble amount of 100 shares I'm sorry, there is a 500 share minimum.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 20:26:00 - [136] Originally by: eXistentiA wtb 1000 shares Originally by: Bad Bobby I am buying 10000 shares. Originally by: Companion Qube I'll take 4,000 shares Originally by: Emmgel 7,500 shares purchased from the new batch. Originally by: Kithran Can I buy 1400 shares Originally by: Lord Schmock I'll take 2,000 share from new batch Originally by: Bert Rebus Id like to buy 1000 shares please. Originally by: Promethian child Note me down for 500 Originally by: Terrare Vordai I will buy 1500 shares for 1.5 Billion. Originally by: Hel O'Ween I'd like to buy 1,000 shares. Accepted. Please send isk to Titans 4U and I will send you your shares.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 20:36:00 - [137] Shares sent: 10000 to me 7500 to Emmgel 4000 to Companion Qube 2000 to Lord Schmock 1500 to Kithran
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 20:43:00 - [138] Originally by: max ikabon i will take 1500 new shares Originally by: Martosh Toma I would like 1500 shares as well Accepted. Please send isk to Titans 4U and I will send you your shares. Shares sent: 1500 Terrare Vordai 1500 Bert Rebus
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.25 20:53:00 - [139] Originally by: GX307 500 shares for me please. Accepted. Please send isk to Titans 4U and I will send you your shares.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.27 09:45:00 - [140] It's just a game. Titans For You is just a "business" I am running inside a game. I'm not going to turn it into a job. I'm not going to write a 100 page operation manual with disaster recovery and liquidation plans. I am simply going to rely on the basic competence of the trustees to liquidate the operation should I disappear for whatever reason. There really isn't much that anyone can do to prevent me from scamming for hundreds of billions. Each investor has to decide for themselves if they trust me with their isk. That's the way it has always been with every IPO and Bond I've run. There has never been an audit, there has never been collateral, there is just me and the enjoyment I derive from making isk and whoring forums. If you do not trust me with your isk, do not invest.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.27 15:58:00 - [141] It's quite obvious where everything started going wrong here... Originally by: SetrakDark Uh...how isn't Ray 100% correct here? ...someone started paying attention to Ray.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.27 17:10:00 - [142] Originally by: Ray McCormack Originally by: Titans 4U The shares that the trustees hold on their mains are there to prevent me from scamming. **** me, two pages to get clarification on what was quite a simple question. I think you took my current public image to heart when reacting to the questions, quite a shame considering my vested interest in this expansion. So only PP responded to the share vote (regardless if it was from T4U or the actual corp). AC155 and Shar were warned prior or during the vote and their reaction cannot be measured. cosmo doesn't have any shares and Kazzac is AWOL, hence cosmo's presence. Maybe you need to see to it that cosmo has shares, considering it is a part of his duties to react to any votes on them? And excuse me for having an interest in the security of one of the largest public ventures in MD. Ray, I think you and I just have difficulty communicating effectively with eachother. Don't make it into anything more than that.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.04.27 18:27:00 - [143] Originally by: Claire Voyant I would agree that the current security methods are about as good as you could get working within the current ingame system. I have thought quite a bit about security for locking down BPOs and aside from issuing another block of shares to Cosmo, the only other thing I would recommend would be an out-of-game system to notify directors of upcoming votes. Basically a "heads-up" e-mail 24 or 48 hours before the start of a vote to notify them that the vote is coming and why. If a vote was started without the prior e-mail, red flags would be raised and the directors could at least contact each other to find out what was up and take the necessary action. In the case of T4U, any vote will be a lockdown vote which can be ingored by the trustees. When the time comes to sell the BPOs they will get a lot more than 48 hours warning of the unlock vote. In a different operation that carried out more regular unlock votes I can see a heads-up system of some sort being viable.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.07 18:41:00 - [144] Originally by: Phoebe Halliwel If you are able to source BPCs for resale, is it worth creating some reserve within the IPO for trade opportunities? Originally by: Titans 4U Originally by: GavinCapacitor Please excuse/ignore me if this is blatantly obvious (especially with the non-sense in the last 3 pages of this thread I was just read), but why/how are we selling Ragnarok BPC's ? Originally by: Martosh Toma I am guessing he bougt them when there was less demand? like he said somewhere earlyer in this very thread? Yes, I've been buying cheap BPCs and reselling them. I'm not using Titans For You funds to do this (there isn't enough spare cash for that) but I'm selling them through the Titans For You shop thread. Items 1,2,3,4,7 & 11 are produced by Titans For You, items 5,6,8,9 & 10 were sourced elsewhere. It is entirely possible for us to form a reserve of BPCs during low points in the market, when supply is stronger than demand. This would serve as a long position on Titan BPC prices, speculating on a rise. This would also serve as a means of smoothing over the somewhat erratic supply and enabling us to take advantage of occasional oppertunities caused by shortages. It would also allow us to exert more control over the Titan BPC market in general and have more influence on market prices. If shareholders wish, I'm quite happy to extend the IPO to do this. We could use a combination of a mini-expansion and a small ongoing profit retention to build and grow such a reserve. Feel free to discuss the idea. If there is enough support to justify putting it to a shareholder vote, I will.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.07 19:02:00 - [145] Originally by: Varo Jan Originally by: Titans 4U I've been buying cheap BPCs and reselling them. I'm not using Titans For You funds to do this (there isn't enough spare cash for that) but I'm selling them through the Titans For You shop thread. Items 1,2,3,4,7 & 11 are produced by Titans For You, items 5,6,8,9 & 10 were sourced elsewhere. Are you paying Titans For You anything for the use of its shop to sell your own BPCs? Are you serious?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.07 19:07:00 - [146] Originally by: Proton Power Originally by: Varo Jan Originally by: Titans 4U I've been buying cheap BPCs and reselling them. I'm not using Titans For You funds to do this (there isn't enough spare cash for that) but I'm selling them through the Titans For You shop thread. Items 1,2,3,4,7 & 11 are produced by Titans For You, items 5,6,8,9 & 10 were sourced elsewhere. Are you paying Titans For You anything for the use of its shop to sell your own BPCs? Long as he sells Titans4U bpc's prior to his personal ones he bought dont see why he should. I use LYII for many things, some personal some for the IPO. Exactly. If you look at the shop history, you can see that I've avoided listing personal BPCs that are in direct competition with Titans For You's available stock. I've been concentrating on Ragnaroks and other flavours that we're sold out of. I've got my investor's interests at heart, not least of all because I'm the largest single investor.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.07 19:42:00 - [147] In order to prevent any conflict of interest, I'm entirely happy with doing any of the following as part of any reserve building expansion: 1) Transfer my stock into the reserve and cease all personal trading in Titan BPCs. 2) Keep my stock seperate form the reserve, sell off my remaining BPCs and then cease all personal trading in Titan BPCs. Either way, I'd focus all my trading efforts on the reserve.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.08 05:55:00 - [148] Originally by: Phoebe Halliwel Thanks for the response by the way, thought it had gone unnoticed in there but didn't like to push as it was clearly a busy period. I tend to go back and re-read the last few pages of this thread every so often to see if there are any questions or issues I have missed. I agree with the comments so far, forming a reserve does seem like the right thing to do for the IPO. As far as figures go, I'm inclined to propose a small starting reserve with an ongoing profit retention to gradually enlarge it. I think 20b would be sufficient to get things started and I would suggest that 50% of all profits generated directly from the reserve go back into the reserve (existing T4U operations are not effected) and 50% of all profits generated directly from the reserve go into the normal T4U profit share. The retained profits would enlarge the T4U NAV, increase our buying power, increase profits and increase the final share value. I'd rather not go too deeply into the numbers for profits from my personal BPC trading as (1) that is past performance not future performance (2) the reserve will be largely speculative and (3) the market is changing quite rapidly so any predictions are mostly guesswork. However, if we were to divide the reserve's function into two parts (A) smoothing the market and (B) speculating on future prices I would expect that (A) would have little difficulty yielding 1b in profits per month (5% profit on 20b, 2.5% profit share, 2.5% retained) but (B) would be much more feast and famine in its returns as we rely on longer term market movements. So overall I would expect the reserve to at least provide the same return as the existing T4U operation and I would be optimistic that, if things go to plan, it would generate higher returns in itself as well as enhancing the profitability of the existing operation through market control.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.08 08:01:00 - [149] Originally by: Bob Rockbreaker Would it be possible that the reserve could payback the starter money into dividends at some point if things went very well, And be completely self-sustaining afterward? Possibly even continue on it's own without the POS to make copies? In a sense, yes. Profits from the reserve would be paid out in dividends so that all shareholders would benefit and eventually the equivalent of the starter money would be back in the pockets of those that provided it. Any other implementation would be awkward and a little strange. The reserve could opperate without the POS, but if we were to shut down the POS we would probably be liquidating the whole venture so I don't see that happening.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.08 08:06:00 - [150] Originally by: Mme Pinkerton you might want to look up the history of De Beers during the 90s and early 21st century for inspiration I'm extremely familiar with De Beers already, there is no need for research.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.09 06:02:00 - [151] Originally by: Kapila Parthalan On the BPC reserve, I think this is a good idea. There is definitely potential for additional profits. However, with only 20B invested in it and an estimated 1B profit per month, it is unlikely to have a significant impact on the entire IPO. Is there any particular reason you picked the figure of 20B initially? I'd hope that in addition to isk generated directly by the reserve there would be an indirect increase in the profits generated by the IPO due to increased market prices as a result of the reserves activities. I picked 20b because that's how much I've been using and it has so far proved to be sufficient, if we were to need more in the future then more could be raised.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.16 07:31:00 - [152] 5,600,000,000 received as the balance on a pre-order 336,000,000 (6%) sent to me 56,000,000 (1%) sent to trustee 5,208,000,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%)
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.05.16 08:08:00 - [153] Originally by: Titans 4U Products For Sale 1. LEVIATHAN BPC at ME0 PE0 has been SOLD and delivered. 2. EREBUS BPC at ME1 PE0 has been SOLD and delivered by pre-order. 3. AVATAR BPC at ME1 PE0 has been SOLD and delivered by pre-order. 4. LEVIATHAN BPC at ME1 PE0 is due JULY 2010 and has been SOLD by pre-order. 5. AVATAR BPC at ME1 PE0 has been SOLD and delivered. 6. RAGNAROK BPC at ME1 PE0 has been SOLD and delivered. 7. EREBUS BPC at ME1 PE0 is due AUGUST 2010 and is AVAILABLE for pre-order at 9 BILLION. 8. AVATAR BPC at ME0 PE0 is AVAILABLE NOW at 7 BILLION. 9. RAGNAROK BPC at ME0 PE0 is AVAILABLE NOW at 6 BILLION. 10. LEVIATHAN BPC at ME1 PE0 is AVAILABLE NOW at 8 BILLION. 11. AVATAR BPC at ME2 PE0 is due AUGUST 2010 and is AVAILABLE for pre-order at 9 BILLION. 12. AVATAR BPC at ME1 PE0 is due SEPTEMBER 2010 and is AVAILABLE for pre-order at 8.5 BILLION. Items 4, 7, 11 & 12 are Titans For You BPCs. As you can see the next BPC to be produced is item 4, due in July. This has already been pre-ordered so we should get 7b then (6510m / 2.38% dividend). Unless we get further deposits there will be no dividend in June, but we can hope for a double dividend in August to make up for that. Items 8, 9 & 10 are privately owned BPCs. I didn't get enough of a shareholder response to justify a vote on implementing the BPC reserve, so these will remain outside of the IPO for now. Of course, I welcome further discussion on the matter. I'm still looking at aquiring more well researched and well priced BPOs in the future. If anyone has any views on this, or on improvements to the expansion approach used previously, I'd like to hear them.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.06.16 05:56:00 - [154] Originally by: RAW23 As to which block they belong to, I'm afraid I don't know. I purchased them second hand but I'm sure Bobby will be able to tell you. It makes absolutely no difference which block they were in. All T4U shares are the same. The blocks were only used during the launch to limit the amount of isk that was in my hands at one time.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.06.16 18:03:00 - [155] Originally by: Wengy RAW23, make it 1.082 a share, for a total of $811,500,000.00 for your 750 shares. Exchange completed.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.06.23 07:13:00 - [156] Originally by: Phoebe Halliwel Tor Kallon: 1000 @ 1.09 or 1.09b BB, would you be able to broker the shares for Tor Kallon? Done.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.06.26 06:47:00 - [157] Originally by: Amarr Citizen 155 Bobby, could you please broker a trade between myself and WredStorm please? WredStorm would like to purchase 6,000 shares from me. He'll be sending you 6.48 billion isk. Once this is confirmed please send him the 6,000 shares that I've just sent to you. Thanks. No problem & shares received.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.06.27 13:19:00 - [158] Originally by: Bad Bobby Originally by: Amarr Citizen 155 Bobby, could you please broker a trade between myself and WredStorm please? WredStorm would like to purchase 6,000 shares from me. He'll be sending you 6.48 billion isk. Once this is confirmed please send him the 6,000 shares that I've just sent to you. Thanks. No problem & shares received. Completed.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.01 08:44:00 - [159] 32000 votes for yes!
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.01 15:26:00 - [160] Originally by: Titans 4U If the vote passes then I will start taking reservations. As with the previous expansion I will be allowing existing shareholders one week to purchase shares before they are made available to new investors. I am not going to take reservations until after I have published the result of the vote (in 3 days). Once the result of the vote has been published I will take reservations from existing shareholders only for one week. If any shares have not been reserved after this period I will then accept reservations from new investors.

Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.01 20:58:00 - [161] Originally by: Dalden V Not sure if you're taking reservations yet No, I'm not taking reservations from anyone until the shareholder vote has passed. Originally by: Kalanar Very interested as a new investor. Please bear in mind that the previous expansion sold out entirely to existing shareholders in less than 48 hours, so you might not get a chance to invest unless you buy shares from existing shareholders either before or after the expansion.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.03 05:36:00 - [162] I'm still not taking reservations until the vote completes tommorrow... but I think it's safe to say it will fill in the first week from the number of existing shareholders that have contacted me to try to get in before the end of the vote! Thanks for the support guys, but I want to do this in the right order for ease of administration. After the joy of manually sending out 204000 shares in the original launch I've learned to be carefull!
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.04 08:49:00 - [163] The vote is bugged as usual. Will get the result after downtime.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.04 16:53:00 - [164] Originally by: Dalden V Bobby, after our reservations are accepted, when is the latest you require the ISK by? By the end of the week would be good.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.07 08:31:00 - [165] I believe the first expansion sold out in 41 hours and this one took a little longer at 49 hours. I have only myself to blame for that poor performance as I double counted a reservation and had to re-open for new investment, otherwise it would have been about 27 hours. Thanks to all my shareholders for your continuing support!
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.21 11:20:00 - [166] Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%) Dividends expected from pre-orders: 6510m (of 7000m profits) expected soon(tm) between 342,000 shares (1.90%) Dividends expected from future sales: August - Erebus (#7) and Avatar (#11) September - Avatar (#12) October - None November - Erebus (#16) and Leviathan (#17)
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.21 15:10:00 - [167] As you might expect, I keep a close eye on all public Titan BPC trading in EVE. Through my various discussions and dealings with BPC buyers, seller, producers, resellers and speculators I have learned a great deal about the marketplace and the players within it. I can't claim to know everything but I do have a pretty good understanding... more so than most people at least. I've found it to be a fairly entertaining market to deal in and I've seen a lot of funny things happen. Generally I don't share these things with many others because they concern market knowledge that I wish to protect, but here is something that has been providing me with some amusement for a few days and I thought I'd share it with you all... Back on 2010.07.09, WallStArb started this thread seeking to sell an Erebus BPC at ME2 PE1 for 15b. He has since edited out the op and thread title, so I'll leave it to the interested reader to track down the original text, but in it he made the following claims: ME2 saves over 6b compared to ME0 PE1 drastically reduces production time Obviously these claims were somewhat spurrious and a fairly poor attempt at justifying an over-the-top pricetag on the item. ME2 is great and all that but it doesn't save you 6b. My napkin maths (I am terrible at maths mind you, so correct me if I'm wrong) suggests that you would have to be paying 90b in components to produce an Erebus from an ME0 BPC in order for ME2 to save you that much. PE1 shaves off about 5 days in production time from the finished Erebus if you aren't using the 4% manufacturing time implant and less if you are. I suppose it depends on your definition of drastic. Now obviously, as you can see by reading the thread, these claims were met with the ridicule they deserved. So WallStArb edited out his post, removed the thread title... and on 2010.07.10 he created a new thread to sell exactly the same item. The posts in that thread have been edited quite a bit so you can't see the whole story from what is there now, but the spurrious claims and shennanigans continued. He originally put it up with some silly reserve in an open ended sale and then used an alt Recoleta (who was not showing her corp ticker at the time) to make the starting bid. Obviously this was noticed immediately and Celi Annor (a regular Titan BPC reseller) posted to that effect and was followed by several others, the chain of redicule continued. Some moderation and post editing later and this dishonesty had been hidden from view. No honest bids had occured by that point. So next WallStArb changes it from a straight sale to an auction, changes down yet another gear on the pricing and we get to roughly what you can see now. They get a bidding war going between Grace Malley and Celi Annor until it hits 10b. As an aside, this is how long it takes to get 10b for this kind of BPC in the current market if you know what you are doing. Not content with 10b in (possibly) legitimate bids, WallStArb decides to start an ingame auction with a 10b starting bid, a 12b buyout and an end date later than the forum auction. Given that Grace Malley had a 10b bid in place via the forum thread prior to this there was a danger that that bid would get knocked out by one in-game... but Grace got their first and secured a matching bid on the in-game auction. So now the forum thread is only really fit for one purpose, trolling and ridiculing the comedy of errors that is CyberDyne R-D, since there is no point making bids in it anymore. So WallStArb treats us to an idiotic/inaccurate (take your pick) analysis of the Erebus BPC market to fuel the flames. Twits.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.07.26 11:29:00 - [168] Originally by: Xenuria I TROLLZ U LOLZ ROFL NOTSUREIFSERIOUS.JPG Consider this confirmation of your promotion to the next circle of the order of the dragon.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.01 15:14:00 - [169] Originally by: Jadun yo ho 1,5 bil sent to bad bobby for 1500 t4u shares from annabelle horiz Originally by: Annabelle Horiz I have contacted Bad Bobby and transferred the 1500 shares to him. I'm logging on now...
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.01 15:19:00 - [170] Originally by: Bad Bobby Originally by: Jadun yo ho 1,5 bil sent to bad bobby for 1500 t4u shares from annabelle horiz Originally by: Annabelle Horiz I have contacted Bad Bobby and transferred the 1500 shares to him. I'm logging on now... Done.

Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.01 15:28:00 - [171] 7,000,000,000 received as the balance on a pre-order 420,000,000 (6%) sent to me 70,000,000 (1%) sent to trustee 6,510,000,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%) 6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%) Dividends expected from pre-orders: None Dividends expected from future sales: August - Erebus (#7) and Avatar (#11) September - Avatar (#12) October - None November - Erebus (#16) and Leviathan (#17)
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.01 18:35:00 - [172] 1,600,000,000 received as deposit on a pre-order 96,000,000 (6%) sent to me 16,000,000 (1%) sent to trustee 1,488,000,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%) 6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%) 1488m (of 1600m profits) distributed on 2010.08.01 between 342,000 shares (0.43%) Dividends expected from pre-orders: 5952m (of 6400m profits) expected on 2010.08.16 between 342,000 shares (1.74%) for Avatar (#11) Dividends expected from future sales: August - Erebus (#7) September - Avatar (#12) October - None November - Erebus (#16) and Leviathan (#17)
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.09 18:42:00 - [173] 8,000,000,000 received from a sale 480,000,000 (6%) sent to me 80,000,000 (1%) sent to trustee 7,440,000,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%) 6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%) 1488m (of 1600m profits) distributed on 2010.08.01 between 342,000 shares (0.43%) 7440m (of 8000m profits) distributed on 2010.08.09 between 342,000 shares (2.17%) Dividends expected from pre-orders: 5952m (of 6400m profits) expected on 2010.08.16 between 342,000 shares (1.74%) for Avatar (#11) Dividends expected from future sales: September - Avatar (#12) October - None November - Erebus (#16) and Leviathan (#17)
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.14 17:35:00 - [174] 1,000,000,000 received as a deposit on a pre-order 60,000,000 (6%) sent to me 10,000,000 (1%) sent to trustee 930,000,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%) 6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%) 1488m (of 1600m profits) distributed on 2010.08.01 between 342,000 shares (0.43%) 7440m (of 8000m profits) distributed on 2010.08.09 between 342,000 shares (2.17%) 930m (of 1000m profits) distributed on 2010.08.14 between 342,000 shares (0.27%) Dividends expected from pre-orders: 5952m (of 6400m profits) expected in August between 342,000 shares (1.74%) for Avatar (#11) 6045m (of 6500m profits) expected in September between 342,000 shares (1.76%) for Avatar (#12)
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.17 11:41:00 - [175] 6,400,000,000 received as the balance on a pre-order 384,000,000 (6%) sent to me 64,000,000 (1%) sent to trustee 5,952,000,000 (93%) distributed as dividend to shareholders Dividend history: 4185m (of 4500m profits) distributed on 2010.03.22 between 204,000 shares (2.05%) 1302m (of 1400m profits) distributed on 2010.03.28 between 204,000 shares (0.64%) 1692m (of 1820m profits) distributed on 2010.03.31 between 204,000 shares (0.83%) 5050m (of 5430m profits) distributed on 2010.04.21 between 204,000 shares (2.47%) 5208m (of 5600m profits) distributed on 2010.05.16 between 274,000 shares (1.90%) 6510m (of 7000m profits) distributed on 2010.08.01 between 342,000 shares (1.90%) 1488m (of 1600m profits) distributed on 2010.08.01 between 342,000 shares (0.43%) 7440m (of 8000m profits) distributed on 2010.08.09 between 342,000 shares (2.17%) 930m (of 1000m profits) distributed on 2010.08.14 between 342,000 shares (0.27%) 5952m (of 6400m profits) distributed on 2010.08.17 between 342,000 shares (1.74%) Dividends expected from pre-orders: 6045m (of 6500m profits) expected in September between 342,000 shares (1.76%) for Avatar (#12)
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.21 07:02:00 - [176] Originally by: Philip Ogtaulmolfi Hi BB: I¦d like you to broker a share exchange. 2040 millions sent to you in exchange of 1700 T4U shares at 1,2 millions per share, property of Onyth. You will receive the money from Milking Interestellar Incorporated. Thank you. Exchange completed.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.22 10:25:00 - [177] Now we have sold all our BPCs until November, I'm once again looking to expansion. I'd like to discuss this with my current and potential investors and then put it to the normal shareholder vote. Up until now all our expansions have been made by raising new funds. I'd like to start moving away from that and starting moving towards Titans For You growing itself. What I'd like to do is start a fund within Titans For You that will be used to buy and re-sell Titan BPCs with the proceeds going back into Titans For You rather than being paid out in dividends. These re-invested profits would then be used, in the longer term, to buy new BPOs. The BPOs purchased would then be put into copying and produce dividends for investors in the same way as our existing BPOs. I'm thinking of raising 108b with some of that going to the purchase of a new BPO and the remainder being used to start this new fund. As a result we would be looking at Titans For You reaching 450b with around 410b paying dividends directly and 40b being used in this new growth fund. Let me know what you think.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.22 12:14:00 - [178] Originally by: Jadun Who would get acess to the fund ? Just me. The BPCs and isk involved would not be protected by the trustees in a hit-by-a-bus scenario, but as it is less than 10% of the IPO the impact would be limited. Originally by: Onyth So this would mean that on longer term divident payments will go up, yes? That's the plan.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.22 16:42:00 - [179] Attention Shareholders! I will start a three day shareholder vote for the creation of 108,000 shares. Vote YES if you want the expansion to go ahead. Vote NO if you do not want the expansion to go ahead. As before, if the vote passes I will be allowing existing shareholders one week to purchase shares before they are made available to new investors.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.22 16:53:00 - [180] 35000 votes for yes I'll be investing a further 10b myself.

Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.22 16:57:00 - [181] Reservations 10,000 Bad Bobby 10,400 Emmgel 1,000 Kithran 2,000 max ikabon Total: 23,400 of 108,000
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.23 07:43:00 - [182] Originally by: Kapila Parthalan Do you have a specific BPO in mind to be purchased with this expansion Not one specific one, there are several for sale at the moment and I'll buy the one that offers the best value. Originally by: Kapila Parthalan What are the expected profits from the BPC investments and how quickly do you think the fund will grow? I'm setting myself the target of doubling the fund and buying an additional Titan BPO within 12 months. I believe that is a very challenging target, but a challenge is what I'm after. Originally by: Kapila Parthalan How soon will you need payment for the shares? You'll have a few days to find the isk after the vote passes. Originally by: Kell Braugh Please, correct me if I'm not seeing something here. You are not suggesting a split, but a value dilution of current shares by approx 63%, to grow approx 32% We are increasing the size of Titans For You by 32%, but I don't see where you are getting a 63% value dilution from. Could you explain how you came to that figure?
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.24 10:22:00 - [183] I fully understand that this expansion, as with each previous expansion, has the potential to reduce the re-sale value of Titans For You shares. I have tried to mitigate this by restricting the expansion shares to existing shareholders and I believe that this measure has been effective thus far. I also fully understand that this expansion will result in a reduction in dividend per-share due to the long lead-time for a new BPO to bare fruit. I have tried to mitigate this by timing the expansion so that it falls after the recent rush of dividends. Furthermore, the new "growth fund" that will be created by this expansion is intended to address these issues in a more fundamental way.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.24 14:10:00 - [184] Originally by: Kapila Parthalan I will be away when the vote ends and may not be able to log in for a while. Should I send the payment for my shares now? Feel free. I'll send it back if the vote does not pass.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 11:54:00 - [185] I would like to discuss ideas on how any future expansion might be done differently. The process I have used to date was chosen because it was quick, simple and predictable. While these factors make life easy for me as the manager of Titans For You, they are not so beneficial to the existing investors, potential investors and the IPO itself. Existing Shareholders The current method can be greatly beneficial to existing shareholders who can buy shares at 1m each and re-sell at a markup or sell part of their holding at a markup before re-buying a 1m each. This process can be repeated whenever there is an expansion and can turn an otherwise low ROI share into a great moneymaker. I call this "flipping". However, for those that do not engage in this highly profitable activity an expansion is something of a mixed bag. In the short term dividends are reduced as the same profits are shared more ways, in the long term dividends return to normal and hopefully increase to a higher level. Whereas regular expansions are ideal for the flipper they are generally bad for the non-flipper. Some believe that issuing new shares at 1m each, even when restricted to existing shareholders, will have a detrimental effect on the market value of those shares. Others believe that the opposite is true and the potential profits from flipping increases demand for shares and has a beneficial effect on their market value. So the first part of the question is: What can be done to rebalance the benefits of Titans For You share ownership so that the non-flipper gets a better deal? Obviously we cannot expect a passive shareholder to make the profits that an active flipper can, but steps can probably be taken to close the gap between them. However, closing that gap could be entirely detrimental in that cutting out flipping could remove a major stimulus on market price and make things worse for every shareholder. New Shareholders At the moment the only way to get in on the Titans For You IPO is to buy shares on the open market at a markup, as all expansion shares sell out in a few hours to existing shareholders. As the IPO manager my loyalty must always be to my existing shareholders before new shareholders and thus I do not see a great issue with this. If a new shareholder is prepared to pay a 20-30% markup for a share and existing shareholders demand that premium then that is the market price, pure and simple. So the second part of the question is: How do we channel more of the premium paid by new shareholders into the pockets of all existing shareholders rather than just the flippers? Ideally this should be done without breaking the flipping mechanic or sabotaging the market value of the shares. The IPO In general what is good for the IPO is good for the existing shareholder. Expansions allow the IPO to grow and flipping increases demand for expansion shares making expansions easier. However, the IPO does not directly benefit from the higher market value of shares because the only time the IPO receives isk for shares is when an expansion is issued at 1m per share. Essentially the IPO is an extreme case of the non-flipping existing shareholder and gets the same raw deal. So the third part of the question is: How do we channel more of the premium paid by new shareholders into the IPO? ...to be continued...
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 12:37:00 - [186] The Daddy Ignore the fact that I am the single largest shareholder in Titans For You, in that respect I should be treated the same as every other existing shareholder. However, I am also the staff of Titans For You and for that I receive 6% of all profits generated from the sales of Titan BPCs produced from Titans For You BPOs. So it is in my interest to see profits increase. The Answers So what are they? I'll post my ideas and I'd like to see yours.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 12:55:00 - [187] 1. What can be done to rebalance the benefits of Titans For You share ownership so that the non-flipper gets a better deal? 2. How do we channel more of the premium paid by new shareholders into the pockets of all existing shareholders rather than just the flippers? 3. How do we channel more of the premium paid by new shareholders into the IPO? Here are some options I've considered: A. Take a larger cut of the action by raising the price of expansion shares by a fixed amount (example: 1.1m per share). B. Issue some of the expansion shares to the IPO itself and then sell them at market value. C. Issue all of the expansion shares to the IPO itself and then sell all of them at market value. I think (A) fits the bill rather well. I think (B) means the flippers still do too well and non-flippers still get too raw a deal. I think (C) is too harsh on the flippers.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 13:04:00 - [188] Originally by: Claire Voyant If you didn't like my previous solution, another option is to sell the new shares at a premium (based on some calculation involving future cash-flows) and immediately pay the difference between the money collected and the cost of the BPO (plus incidentals) as a dividend to the existing shareholders. (Probably after the vote to create the shares takes place but before it is executed.) I didn't like your previous suggestion because it was overcomplicated and didn't really solve the problems neatly. Your new suggestion is what I was thinking. I particularly like the way it turns Titans For You into a giant Ponzi scheme.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 13:35:00 - [189] Originally by: Bad Bobby Originally by: Claire Voyant If you didn't like my previous solution, another option is to sell the new shares at a premium (based on some calculation involving future cash-flows) and immediately pay the difference between the money collected and the cost of the BPO (plus incidentals) as a dividend to the existing shareholders. (Probably after the vote to create the shares takes place but before it is executed.) I didn't like your previous suggestion because it was overcomplicated and didn't really solve the problems neatly. Your new suggestion is what I was thinking. I particularly like the way it turns Titans For You into a giant Ponzi scheme. A number of nice features of this approach: If a new shareholder buys into Titans For You they pay the full premium (For example 1.1m instead of 1m). If an existing shareholder buys into Titans For You they pay the premium and get a dividend back. If they buy new shares in the correct ratio the dividend cancels out the premium (then pay 1m per share). If they go over the ratio they pay a reduced premium (between 1m and 1.1m per share). If they go under the ratio they get an overall discount (they pay under 1m per share). If they go far enough under the ratio or do not buy any shares at all then they get a nice payout. Flipping would still be fully viable. The dividend due to the act of expansion would fix any issue with reduced dividend per share as a result of the long lead time on BPC production. It's simple. It's a Ponzi scheme with bells on.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 15:32:00 - [190] Originally by: Berikath Just a thought I had, but figured I might suggest it. You could make the "price" of a new share be higher (say, at or maybe slightly above market value?) However, 1m of each share would be for the actual stock, and the remainder would be a bond set at a modest return- maybe 3 or 5%. Put a pause on dividend payments, and instead direct the profits toward paying off the bonds (however would work- possibly in the order they were reserved?). Once all bonds are cleared, then return to normal dividend payouts. That way existing shareholders see a pause on their direct dividend payouts, but the "value" of their share (assets of T4U / number of shares) actually INCREASES, as should their fair market value (eventually). Additionally, their eventual payouts should increase by an amount proportional to the size increase and the premium of the market price vs base price (e.g.- current market price is about 30% increase, and it looks to be about a 30% expansion- existing shareholders should see an eventual increase in dividends of about 9-10%, and a similar increase in collateral/share). I could not easily find the current size of operations in this thread and I am not a shareholder, so I'm kind of ballparking the figure here based on your inital offering, but it looks like paying off the bonds would require suspending dividends for less than a month. If I WERE a shareholder, I think I would look at giving up 1 month of dividend payments for a 10% increase to both future dividends and value of my shares as a deal I would readily take. Seems a little overcomplicated for what it achieves. I could achieve the same effect by issuing shares at 1.1m per share and putting the whole 1.1m into the IPO without suspending dividends or managing any additional bonds. The current size of the operation is 342,000 shares and 342 billion isk invested. Our NAV is debatable as it would be based on the re-sale value of the researched Titan BPOs but I'd say 350 - 360 billion. Originally by: Estel Arador Here's an idea I just had and haven't thought through fully yet: doing expansions as an auction and let people bid on shares. Instead of fixing the amount of shares, fix the total amount raised - so the higher the bids go, the less new shares will be issued. This way anyone can get in on the expansion at a price they deem fair. The benefit for existing shareholders would be that less new shares are needed and dividends per share will be higher. I think that works in the same way as charging more per share and putting the additional isk into the IPO, as you are effectively playing with the ratio of shares to invested isk, however it would probably be more difficult to administrate given the need for an auction and the need for doing the share creation vote after the auction. I suppose you could create the maximum number of shares before the auction and retain the un-issued shares to simplify the creation side. Still does it actually help to do it in this way rather than in the more intuitive way of bidding up a fixed number of shares? Originally by: MailDeadDrop Bobby, are you looking for a replacement director? We still have PP, Shar, AC155 and Kazzac as trustees. Kazzac's "absence" is debatable as I see him online fairly often. Even if you assume him to be absent then there are still 3 trustees that are active that can vote down any attempt by me to unlock a BPO without good reason. Should a trustee attempt to unlock the BPOs then I would also vote down their attempt. We still have multiple directors in the SuperSekrit corp, including at least two (mine and one trustees) that are currently subbed. These director alts are there in case I am hit by a bus so that the operation can be liquidated. I do not believe there is any need for concern. If we do add an additional trustee we have to remember that they are being trusted with 342+ billion so the number of candidates are increasingly small.

Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 15:38:00 - [191] Originally by: MailDeadDrop Originally by: Estel Arador Here's an idea I just had and haven't thought through fully yet: doing expansions as an auction and let people bid on shares. Instead of fixing the amount of shares, fix the total amount raised - so the higher the bids go, the less new shares will be issued. This way anyone can get in on the expansion at a price they deem fair. The benefit for existing shareholders would be that less new shares are needed and dividends per share will be higher. Not a bad idea. Only hitch is that Bobby currently uses the share issuance vote as a yes/no vote on the expansion reason. Using your suggestion he won't know beforehand how many shares he will need. The obvious solution is to have 2 share votes: one for a yes/no vote on the expansion reason (called for issuing 1 new share), and a later one when the public auction is completed (called for issuing N-1 new shares). MDD Could be awkward if the results of the two votes come out differently. Still a bit overcomplicated unless there is a really good reason for doing it this way. What are the real benefits compared to issuing a fixed number of shares at a variable price? Indeed is issuing non-fixed shares or at a non-fixed price a good idea given that it will likely put an end to profitable flipping and remove one of the incentives to buy the shares in the first place?
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 16:45:00 - [192] Originally by: MailDeadDrop I'm under the impression (perhaps misinformed) that you do not vote your large block of shares for the votes. You are misinformed. I do vote with my large block of shares and I have always announced that fact with "+X votes for yes!" or something similar. As a shareholder I am the same as any other, so I get a vote like any other. I am the largest shareholder but my holding is only 10% of the total so my control is limited, particularly when compared to the combined votes of the 10 largest shareholders who are the ones that are really in control of the voting results. Originally by: MailDeadDrop Originally by: Bad Bobby Still a bit overcomplicated unless there is a really good reason for doing it this way. What are the real benefits compared to issuing a fixed number of shares at a variable price? Indeed is issuing non-fixed shares or at a non-fixed price a good idea given that it will likely put an end to profitable flipping and remove one of the incentives to buy the shares in the first place? The advantage is that it reduces the dilutive effect on future dividends. For example, compare the cases of issuing X shares at 1M versus Y shares at 1.25M. Presumably Y = X/1.25 then (for the same capital raised). So that is 25% fewer new shares issued, which means that their dilutive effect on all future dividends is reduced by 25%. But if Y shares are issued at 1.25m and the whole 1.25m goes into the IPO then the funds available to generate profit increase and the NAV backed value of each share increases. I think it's just two different ways of cutting the same cake with one involving more effort than the other. Originally by: MailDeadDrop As for removing the incentive for flipping, I don't think that it completely removes it. Estel's scheme does make flipping more speculative though (the bidder has to believe that the shares could be sold immediately after they're in-hand at a value more than the auction price). Because the interest in the issue is likely still high immediately after the auction closes, and since there is a small delay between the auction closing and the receipt of shares, I suspect that there would still be some flipping occurring. It wouldn't be the ISK printing machine it currently is though. It depends how much we want to preserve the flipping marketplace and positive price stimulus that comes with it. Personally I'd rather charge less than best price for the shares, encourage that market and keep the benefits for the active shareholder while at the same time giving further benefits to the passive shareholder. Aside from the profit side I think it keeps things more interesting.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 16:57:00 - [193] Originally by: Berikath Originally by: Breaker77 2. Say Bobby wins the lottery, decides to spend his fortune on plexes and buy back the offering. Most investors paid 1 mil per share, but the newer ones paid 1.2 mil per share. How would Bobby know which person to pay which price to? If the people that paid 1.2 mil per share sold their shares, it would be impossible to track that. Does everyone get paid 1 mil per share (thus screwing over the ones who paid more) or does he pay 1.2 mil per share (thus overpaying the original investors). Quote: Chapter 8 - Exit Strategy If the Titan BPC market dies we will liquidate all assets and pay all recovered isk to our investors. If I am hit by a bus the trustees will sub up their trial account directors and liquidate all assets and pay all recovered isk to our investors. That's the closest thing to a buyback stated in the IPO. I can only assume liquidation for any reason would be handled the same way, intentional or not. I encountered the same issue with the Ugly Toys Holdings IPO (my first MD offering), because in the last expansion to it I auctioned off shares rather than going for a fixed price, later when I refinanced the IPO into the Ugly Toys Holdings 4% BOND I hit the issue of overpaying early investors and underpaying late investors compared to what they had originally put into the IPO. Now while I was under no obligation to resolve this issue I decided to raise additional funds with the BOND and set two different prices for the two different groups so that everyone got back more than they put in. I suspect that in the "lottery win" scenario that B77 suggests I would be in a position to act with similar generosity, but since such a scenario is highly unlikely (I don't play the lottery and I don't think I'd buy out the IPO with my winnings even if I did) we should instead consider the particular scenario laid out in the exit strategy. If I get hit by a bus and the trustees are called in to liquidate the IPO and pay off all investors how will they do so? The answer is simple, they will give the same to each shareholder by issuing dividends in the same way that profits are currently distributed. So if the IPO was to charge an official price of more than 1m per share those buying in at that price would be at risk (as with anyone currently buying at over 1m per share) of losing out in the case of liquidation.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 17:30:00 - [194] Originally by: SetrakDark The restriction of the issuance to current investors is an imperfect yet viable solution; it is, however, a solution that could be improved upon if investors feel that they are not all reaping the benefits, which they are not. Which is, I believe, where I started this discussion as I am looking for another viable solution that brings us nearer to perfection by allowing all investors (and the IPO itself) to reap the benefits. At present my favourite solution is to offer a fixed number of shares at a fixed price that is above the 1m per share standard (Example: 100,000 at 1.1m for 110b total) then retain a portion of the isk raised that is above the 1m per share standard (Example: 1.05m per share for 105b total) and pay an expansion dividend to all shareholders (Example: 5b dividended). With this approach the existing shareholder that does not buy new shares or flip their shares benefits from an increase in NAV that slightly outpaces the increase in shares and an expansion dividend that compensates for the short term reduction in dividend per share caused by the BPC production lead times. The new shareholder buys "overpriced" shares (Example: 1.1m per share when the actual NAV value is somewhere between 1m and 1.1m) but is taking a calculated risk in doing so. They will be planning to make up the difference through future dividends, through future NAV growth or by re-selling their shares at a higher price. The flipper gets to buy shares at 1.1m and sell them at 1.2m to 1.3m a share as they currently do. The existing shareholder that buys new shares gets a blend of these deals depending on the exact ratio of existing shares to new shares. The IPO benefits by improving its NAV per share ratio and thereby increasing its long term dividend capabilities as well as generally being a better IPO as a result of fairer treatment of it's investors. I benefit because I am a shareholder, because increased profits result in a larger management fee and because the whole system is only slightly more complicated to administrate than the current one. I'm interested to see if anyone can come up with a better solution than this when all parties are considered.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 17:57:00 - [195] Originally by: Bad Bobby We still have PP, Shar, AC155 and Kazzac as trustees. Kazzac's "absence" is debatable as I see him online fairly often. Even if you assume him to be absent then there are still 3 trustees that are active that can vote down any attempt by me to unlock a BPO without good reason. Should a trustee attempt to unlock the BPOs then I would also vote down their attempt. We still have multiple directors in the SuperSekrit corp, including at least two (mine and one trustees) that are currently subbed. These director alts are there in case I am hit by a bus so that the operation can be liquidated. I do not believe there is any need for concern. If we do add an additional trustee we have to remember that they are being trusted with 342+ billion so the number of candidates are increasingly small. Originally by: cosmoray Directors I would consider adding some voting roles to other people. 1. Although Kazzac may appear online he has no presence on MD anymore, and has not done so for at least a year. I am sure people would like the directors to be public and accessible. 2. I thought PP had severely limited play time (may not be playing at all). That basically leaves AC155 and Shar as director/trustees. Both of these I consider completely trustworthy but a couple more bodies wouldn't hurt, especially public ones. All very fair points. The key points of my post were: 1. I do not believe there is any need for concern or put another way: DON'T PANIC! 2. We need to be very carefull who we bring in as trustees. 3. Given 1 and 2 I believe we can afford to take a little time to resolve this issue correctly. So the questions are: 1. How many trustees should we add? 2. Who do we (the shareholders) trust to perform this function? 3. Do they need to have director alts to provide further liquidation ability or are we sufficiently protected there? I'm thinking: 1. Three. To bring the total to 7, including 2 that may not be active but already have shares, alts and full knowledge of the SuperSekrit corp and POS so there is little point in removing them. Plus me makes 8, worth considering when you consider that a trustee is also in the position to unlock the BPOs and run with them. But from the point of view of fully active and functioning trustees that aren't me we would have 5 which gives ample protection. 2. That's a big question that I'm going to have to give a lot of thought to personally. 3. I don't think so, at least not all of them. Remember that if they do not have a director alt then they cannot actually steal anything or propose an unlock vote so they are "safer" trustees. We do however have to have at least two reliable liquidators.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 20:31:00 - [196] Originally by: Emmgel Well if it helps, I don't mind disclosing that (assuming the expansion goes ahead, which I suspect it will) I will have 40,000 shares in this venture. As I say, the offer is there if people feel it would be helpful. Emmgel Originally by: Jadun yo ho I would like to offer myself. For the position of Director. Originally by: Ji Sama Originally by: Jadun yo ho I would like to offer myself. For the position of Director. This or Emmgel imo. Since it would be safeR to assume that a majority investor have the best interest of the venture in mind. Though personally I do not see a reason for another trustee to be involved, the 3 currently in place is fine by me. I agree, on the basis that "lock/unlock vote" control is provided by SuperSekrit corp shares but "steal everything that isn't nailed down" control is not provided to these individuals because being a large shareholder does align your interests with the IPO but does not prevent you from wanting to take it all. No offense intended. So I would recommend these new trustees: 1. Emmgel, the 2nd largest shareholder both currently and after the expansion. 2. Ji Sama, the 3rd largest shareholder both currently and after the expansion. 3. Jadun, the 5th largest shareholder now and the 4th largest shareholder after the expansion. I have presumed that Ji Sama would not object to taking a trustee position and have proposed a general shareholder vote on the decision that these three are given lock/unlock control shares.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 20:39:00 - [197] Do the trustees that I have recommended require a cut of the profits for their appointment or are they happy to simply protect their own investment? We currently have one paid trustee (who it must be said keeps his director alt subbed and shows a very keen interest in the IPO) who receives 1% of profits. I would not refuse a 1% cut to any additional trustee if they requested it but I believe that such a request should be public prior to shareholders voting on the appointment as that cut would come out of the dividend.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 20:45:00 - [198] Originally by: Proton Power Are you replacing the old team with these new members or are these in addition to. This could be good and bad: Spread the shares out enough, half the people may miss the votes. Spread the shares out enough, more people to notice whats going on. Firstly, I take this post as proof that PP isn't afk and is paying attention as I believed! Secondly, my intention is NOT to replace the old team but to add additional trustees (I believe I stated this in an earlier post) as I believe that spreading the shares out is the most secure option here. The potential for half the shareholders to miss the vote is not an issue in my opinion as the votes pass/fail on the vote of the majority of respondants and therefore it doesn't matter if half do not notice provided those that do notice vote against an incorrect unlock vote. The majority rules and those that do not vote are not counted at all.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.25 20:55:00 - [199] Originally by: Proton Power Originally by: Bad Bobby Do the trustees that I have recommended require a cut of the profits for their appointment or are they happy to simply protect their own investment? We currently have one paid trustee (who it must be said keeps his director alt subbed and shows a very keen interest in the IPO) who receives 1% of profits. I would not refuse a 1% cut to any additional trustee if they requested it but I believe that such a request should be public prior to shareholders voting on the appointment as that cut would come out of the dividend. Wihtout being an @sshole. If one of the new people that come onboard what a % then those that refuesed it from the start should get it as well. It is only right that the existing trustees get to change their decision in response to the decision of new trustees. Originally by: Proton Power I am always watching :) I never doubted it.
Bad Bobby The Dirty Rotten Scoundrels HYDRA RELOADED	Posted - 2010.08.26 05:37:00 - [200] Originally by: Phoebe Halliwel what will be your ongoing policy in terms of share valuation at issue, if in a year's time you manage to significantly increase the value of the IPO. I would calculate share value by NAV/shares and then apply the expansion premium on top. Originally by: Phoebe Halliwel Are you capping new shares at 1.1m or 10% on issue? What if people start trading shares at 1.5mil each or higher for a sustained period? I have no problem with people trading the shares at any price and it wouldn't greatly effect my decision on the expansion premium. I'd be looking to use the smallest premium that delivers the desired expansion and dividend so as not to create a large inbalance between old and new shares. I want the official premium shares (not the privately re-sold ones) to always be sold at a price where an investor can expect to see a profit in a reasonable timeframe. Originally by: Phoebe Halliwel If your intention is to increase the value of the IPO, presumably not all profits will be paid in dividends. How will you split profits to be retained and those to be paid in dividends? Profits from BPCs produced from BPOs -> Dividends Profits from BPCs bought and resold -> Growth Currently the split is 342b BPOs to 108b growth fund. I will be buying additional BPOs to rebalance that more towards BPOs, with the intention to buy one new BPO soon and another later once enough growth has occured.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 00:23:00 - [201] Originally by: Breaker77 Originally by: Amarr Citizen 155 The director alts were kicked out the previous day supposedly to "keep any of you from grabbing the 600 votes that were created for the new directors". Thats really odd as all that is needed is to remove director roles (well basically any wallet related roles including director). So kicking them makes it impossible for anyone to start a CEO takeover as that vote can only start from someone inside the corp AC155 hasn't got it exactly right. I removed all roles from the trustee alts prior to starting the vote to create 600 new shares (at around 06:57 on 29/08/10) in order to prevent them from taking the shares from the wallet, which they would have been able to do if I had left them with director roles. The vote to create the 600 new shares passed (at 06:57 on 30/08/10 with 100% approval) and I took the 600 new shares. I combined those with my 200 shares and the 200 shares of one trustee to give me 1000 shares of voting power (an overall majority) out of the total of 1800 shares. I only kicked the trustee alts out this morning (around 06:54 on 03/09/10) before starting the unlock votes on the 5 Titan BPOs.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 00:28:00 - [202] Originally by: Estel Arador How did you get the 200 shares from a trustee? I guess this is just another scenario which has to be taken into account when securing future offerings. It involved a bottle of vodka and a tub of vaseline. Are you sure you want the full details?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 00:50:00 - [203] Originally by: AtheistOfFail So let's get the record straight for further reference. Everyone got scammed and the OP is about to walk away with not 1, not 2, not even 3 but 4 titan BPOs. Titans For You has 5 Titan BPOs, a faction deathstar POS, some Titan BPCs and a very, very large pile of cash. Also Titans For You isn't the only venture I am running that involves public isk or public assets.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 10:29:00 - [204] Originally by: Estel Arador Any corp member with 5% or more of the shares cannot be kicked from the corp without a vote. I've known this for quite some time and thought this was widely known (at least among those with an interest in share mechanics like MD regulars). I assumed that any people with alts in holding corps (not just this one, but everywhere) would keep at least 5% of the total shares on the shares on the alt (even if it's inactive, you'd still have 15% to vote with). Apparently this is not the case. Anyone who is currently securing any other offerings should take measures immediately. I kept my shares in the wallet of my alt in the secret corp. The trustees each kept their shares on their mains. Kicking them out of the corp wasn't strictly needed though.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 11:27:00 - [205] Originally by: RAW23 doesn't this place responsibility squarely on the shoulders of the trustees It depends very much on how much "responsibility" the shareholders defer to the trustees. The trustees were clearly charged with two very specific tasks: 1. Vote against unauthorised unlock votes. 2. Liquidate in the event of my death. They performed these tasks to specification. There has been much discussion and much suggestion of the trustees being responsible for more than just these two tasks. It can be said that they were responsible for monitoring the Super Sekrit Corp and it's assets and this is something that normal shareholders could not do, but the original specification called for only unsubbed trial account directors and therefore it would not have been possible for them to do this. Amarr Citizen 155 actually exeeded his charge by keeping his director alt subbed for the entire duration and checking in on the Super Sekrit Corp at intervals. While sharholders and onlookers may have wished the trustees to do more in this area it cannot be said that they were officially responsible for these tasks. It can be said that they were responsible for maintaining security by providing oversight on all activities occuring with the Super Sekrit Corp shares. This was also something that normal shareholders could not do. Once again, this was not in the IPO plan. This is an area where we can expect ongoing disagreement. Trustees have an argument for this not being their problem and shareholders have an argument for their expectation of superlative performance from their trustees. It can be said that they were responsible for general oversight on the operation of Titans For You and therefore they have responsibility for the share creation proceedure that lead to my scam. This can only be true to the extent that all investors were responsible for such oversight and the protection of their investment. As shareholders you cannot really dump your responsibility on to the trustees, or on the MD elite, or on auditors, or on anyone other than yourself for the safety of your isk. While it may please you to blame the trustees for allowing this to occur you have to accept that you had the same oppertunity as they did to inquire as to the process for adding new trustees and to ensure it was secure. I even started a discussion on this subject so that you could all say your bit. Obviously these gaps in the procedures and these grey areas where responsibilities were not clearly defined were exactly what I counted upon for the success of my scam. Originally by: Cista2 Bad Bobby is a f**ing rtard. He was just another sociopath that got a hardon from smoothtalking associates while planning to stab them in the back. I can't disagree with being labelled a sociopath. I'm not sure if rtard is the right word though. Originally by:* Cista2 this enormous pile of sh** that is Bad Bobby. That's more like it. Let it all out.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 11:31:00 - [206] Personally, I think you should just blame me. You are on firm ground there. Of course, blaming the trustees makes for more entertaining drama. So suit yourself.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 11:35:00 - [207] Originally by: Le Skunk 2) The original post was - Edited by: Titans 4U on 04/09/2010 01:37:17 - Anyone known what he ninjad out of the OP last night? I have edited the OP many times over the IPO's duration, but only to change the thread title. For example, I changed it to say "Expansion in progress" and things like that. I edited it last night to remove the "Expansion on page XY". I was considering changing it to "Scam on page XY" but I decided against that since the other thread concerning the scam was sufficient.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 11:49:00 - [208] Originally by: Yendor Widdershins that they trusted the trustees to monitor. This is the key element. Of course they trusted the trustees to monitor this, but was that expectation truely justified? I can see both sides of the argument of course, but from a contractual point of view you would really have to say: Where is it written that the trustees were responsible for this task and where did the trustees state that they accepted that responsibility? If you can find a legitimate quote in the 100+ pages of discussion in the IPO thread and the prior discussion thread that covers this statement of responsibility and it's acceptance then you are on firm ground. I don't believe such a quote exists. It might be something to consider for future ventures: a firm contract. However, if we go down that route then you know where it will lead: Lawyers? In my eve?
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 13:51:00 - [209] Originally by: RAW23 you also held Kazzac's shares Why do you think I hold Kazzac's shares? I've not said that and I'm sure when Kazzac reads this he'll point out that they are still safely in his wallet.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 14:35:00 - [210] Originally by: RAW23 So who did give you their shares, if you don't mind sharing? Ok. Time to let that bit of drama die, I suppose. I didn't take anyone's shares from them, rather I did not give them their shares in the first place. The shares in question were created for Cosmoray and were never sent to him. They just sat in the corp wallet. He actually mentioned this at least once in this thread a long time back. Originally by: RAW23 And who will be the first trustee to blow the corp name and location so people can start camping that system? Corp: Aurum Labs Location: Madirmilire You can camp it all you like. The POS was taken down before the unlock votes were started. The BPOs have already been unlocked and shipped to Jita.

Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 14:50:00 - [211] Originally by: Breaker77 Originally by: Bad Bobby Originally by: RAW23 So who did give you their shares, if you don't mind sharing? Ok. Time to let that bit of drama die, I suppose. I didn't take anyone's shares from them, rather I did not give them their shares in the first place. The shares in question were created for Cosmoray and were never sent to him. They just sat in the corp wallet. He actually mentioned this at least once in this thread a long time back. None of the other directors noticed this or said anything about it. They did have director access after all, even if on disposable alts, they had to have noticed it before the 14 day trial expired. That makes them just as guilty Cosmo was not one of the original directors. He was added later. AC155 and any other director that kept his account subbed could have spotted it if they had looked at the shareholder section of the corp wallet and realised what they saw. If they had then I would have been all "whoops I forgot", but since nobody did except Cosmoray and nobody paid any attention to him I just happily sat on those shares knowing that all I needed was another 401 for an overall majority. Cosmo could have taken the shares from the corp wallet himself since he had a director alt.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 15:01:00 - [212] You should walk a mile in the trustee's shoes before you blame them really. I probably would have done a better job in their position, but then I would have probably maneuvered it so I could scam as a trustee instead. For most spectators and critics you would have been duped just the same. If not by this exact scenario then by one of my various backup plans. These people are just playing a game. Roleplaying financial types with internet spaceships and forum fu. If things get missed easily in real life then you can expect the same here. The system was stacked against them from the outset anyway.
Bad Bobby The Dirty Rotten Scoundrels	Posted - 2010.09.04 17:01:00 - [213] Originally by: Thoraemond Originally by: Titans 4U I will not be disclosing the identity of all my mains and alts for reasons of security. However, trustees involved in this operation and other MD notables are aware of the identities of many of my characters and will no doubt publish them if I were to scam. Perhaps I missed the list elsewhere, but what are all of Bad Bobby's other mains and alts? I'd be interested to know how close to a full list you get. There are some very good investigators in MD and I expect to be pleasantly suprised by how many you get... I'd also be interested to see how many get incorrectly labelled as a "BB alt".

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