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Abernie
Intolerable Tyranny Unity Thru Aggression.
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Posted - 2009.09.17 12:14:00 -
[1051]
500mil sent.
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BIG Brain
BIG Libertas Fidelitas
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Posted - 2009.09.17 13:49:00 -
[1052]
Edited by: BIG Brain on 17/09/2009 13:50:34 bobby, if it doesn't fill up but Saturday then I'll fund upto 3Bil , I cannot get into the game right now but I have the cash so no worries there
meaning - anything left I'll take  No Sig for me anymore |

Rsisa
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Posted - 2009.09.17 14:03:00 -
[1053]
1000 million send
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GavinCapacitor
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Posted - 2009.09.17 15:57:00 -
[1054]
First off I am glad that it looks like block 3 will be going and I will be involved in this IPO. I have a few questions now that it seems block 3 is moving forward.
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)
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 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?)
In any case great job so far!
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Bad Bobby
Ugly Toys
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Posted - 2009.09.17 16:15:00 -
[1055]
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.
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eXistentiA
Amarr
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Posted - 2009.09.17 16:20:00 -
[1056]
Edited by: eXistentiA on 17/09/2009 16:21:06 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) ---------- corporate solutions
Professional graphic and webdesigners Free hosting and payments by isk |

Bad Bobby
Ugly Toys
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Posted - 2009.09.17 16:29:00 -
[1057]
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.
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Bad Bobby
Ugly Toys
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Posted - 2009.09.17 16:34:00 -
[1058]
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.
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Mi5
Revered Mining Corp
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Posted - 2009.09.17 16:44:00 -
[1059]
Another 50 million sent.
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Magnu Stormhawk
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Posted - 2009.09.17 18:59:00 -
[1060]
Originally by: Cristo Stormhawk Yay!
I'll send the additional 500m i held back asap.
Sent
(Posted with alt earlier by mistake)
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firehelix
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Posted - 2009.09.17 19:53:00 -
[1061]
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. firehelix total should be 95mil sent.
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GavinCapacitor
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Posted - 2009.09.17 20:33:00 -
[1062]
Edited by: GavinCapacitor on 17/09/2009 20:34:05
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.
Edit: spelling/grammar
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Ishikari
Gallente Duct Tape Inc.
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Posted - 2009.09.18 05:33:00 -
[1063]
Sent in an additional 250m to Titans 4U
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Bad Bobby
Ugly Toys
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Posted - 2009.09.18 05:53:00 -
[1064]
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
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Bad Bobby
Ugly Toys
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Posted - 2009.09.18 05:59:00 -
[1065]
List updated, only 182m left to collect!
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Kwint Sommer
Caldari Deep Core Mining Inc.
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Posted - 2009.09.18 06:06:00 -
[1066]
Originally by: Bad Bobby List updated, only 182m left to collect!
Please, allow me.
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Bad Bobby
Ugly Toys
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Posted - 2009.09.18 06:08:00 -
[1067]
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.
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Titans 4U
Titans For You
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Posted - 2009.09.18 06:13:00 -
[1068]
Originally by: Kwint Sommer
Originally by: Bad Bobby List updated, only 182m left to collect!
Please, allow me.
Be my guest.
That concludes the fundraising. All that remains is for one or more of the Trustees to confirm that they have received notification of the obligation to pay the 20b loan upon liquidation and their acceptance of those terms. Then the private party will release the funds to me.
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Titans 4U
Titans For You
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Posted - 2009.09.18 06:21:00 -
[1069]
Block 3 Investors
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 500 - Abernie 1000 - Rsisa 400 - eXistentiA 50 - Mi5 500 - Martosh Toma 500 - Magnu Stormhawk 250 - SarcasticDwarf 75 - firehelix 10 - AngryMusheen 250 - Ishikari 182 - Kwint Sommer 20000 - Bad Bobby
Total: 68000/68000
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Titans 4U
Titans For You
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Posted - 2009.09.18 06:27:00 -
[1070]
Block 2 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 Plus 4006 excess investment from block 1
66000/66000
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Titans 4U
Titans For You
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Posted - 2009.09.18 06:33:00 -
[1071]
Block 1 Investors
100 - Kithran 200 - Cayce Pollard 10 - Cobalt Sixty 2000 - Yukon Kornelius 100 - Jastra 50 - Valnurana 1000 - Veldak Hieranat 100 - Luna Leecher 100 - Marcus Baltar 1 - LaVista "1 Share" Vista 10 - Gabriel Virtus 3 - Estel Arador 100 - Roguehalo 40 - Jin Nib 100 - Kwint Sommer 250 - Viktor Raybach 100 - Freya Lorell 2000 - Jadun 300 - Felax Thurin 9 - Breaker77 1000 - Tre Introv 1000 - RaTTuS 50 - Mienka 2000 - Saehta 100 - Necropski 2000 - eVaLF 2000 - Micge 250 - Cinta Verick 50 - Selinus 1000 - Kazzac Elentria 50 - Iron Golem 250 - Icaly 20000 - Emmgel 1000 - Julian Koll 1000 - Barbicane 50 - Banni Vinda 200 - Dzil 2000 - Athre 10000 - EBANK (Reserved by EBANK Athre) 500 - Viilaa 300 - Moon Dogg 300 - Calipha 100 - Bob Puz 1000 - Sencnes 2000 - Gareth Motesque 1000 - Dibsi Dei 100 - Vernex 1000 - Etara Silverblade 400 - Alaki Kant 1500 - Azrel 1000 - Marbo Slyder 100 - Magnus Orin 5000 - Conventia Underking 200 - Daeris Milvaer 500 - Tendao 500 - Oxigun 200 - Felax Thurin 250 - Archielaus 150 - Marcus Baltar 100 - Kithran 700 - Shae Laurel 200 - Cpt Steo 50 - Valnurana 200 - Mhagon 3000 - Tre Circuit 250 - Drall Warsong 200 - Zaepho 500 - Anastasia Heron 183 - MailDeadDrop 1500 - Illushin Andropov 100 - Glas Mir 50 - Thomas Windom
Total: 74006/70000
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Bad Bobby
Ugly Toys
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Posted - 2009.09.18 06:36:00 -
[1072]
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.
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RaTTuS
BIG Libertas Fidelitas
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Posted - 2009.09.18 09:49:00 -
[1073]
Excellent work bobby, now comes the hard bit. -- 3 Titans Lottery
InEve | Capital |

Akuma Gouki
Amarr Divine Power. Wildly Inappropriate.
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Posted - 2009.09.18 10:03:00 -
[1074]
Good luck, Bobby!
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Krylon Rhae
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Posted - 2009.09.18 11:08:00 -
[1075]
Confirm spelling and amount... thanks BB for all the hard work. Just watching this gave me a headache...
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Iron Golem
Third Return Inc. Vanguard.
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Posted - 2009.09.18 11:48:00 -
[1076]
Confirmed amounts & spelling. Congrats on this MASSIVE undertaking!
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Le Chevalier
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Posted - 2009.09.18 12:38:00 -
[1077]
Spelling and amount confirmed.
Cheers!
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Tarac Nor
Caldari Neh'bu Kau Beh'Hude Ushra'Khan
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Posted - 2009.09.18 12:39:00 -
[1078]
Confirmed Spelling and Good Luck to us all.
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Tre Circuit
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Posted - 2009.09.18 13:18:00 -
[1079]
Amount and spelling are correct. Glad to see that block 3 made it through.
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BlackMail
Caldari Cutting Edge Incorporated RAZOR Alliance
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Posted - 2009.09.18 14:05:00 -
[1080]
Amount and Name spelling correct. --------------------------------------- Blackmail Cutting Edge Incorporated All Around Good Guy
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