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W_horehouse Bond Offering

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Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 04:45:00 - [1] Pretty straight and simple offering. I'm offering 24 bonds valued at 500m each for a total of 12bill isk. Minimum purchase is 1 bond and there is no maximum. Audit: I laugh at audits because I don't do trading so they really mean nothing in my situation. I have some assets and some isk, none of which really play a part in this offering. Plan: I build stuff. Big stuff and small stuff. Sometimes I need extra isk to build more big or small things. When I don't need isk I put idle isk in one of my 3% savings accounts at EBANK (I have 4). Right now my savings accounts are empty, this is where you come in. You are essentially buying your way into an ebank secured 3% savings account. Lots of people complain about not having a savings account, well you still won't if you invest but you will see the same return. Bond length: The bond length is 90 days but you may choose to cash out for your initial investment plus 3% interest at the 30 day mark or 6% interest at the 60 day mark. After 90 days you will receive your initial investment plus 9% interest. If you choose to cash out before 30 days you forfeit half your interest accrued up to the date you make your request to cash in your bond(s). If you choose to cash out after 30 days but before 60 days you will receive the 3% interest for the first 30 day period but forfeit half your interest accrued up to the date you make your request to cash in your bond(s) for the second 30 day period. If you choose to cash out after 60 days but before 90 days you will receive the 6% interest for the first two 30 day periods but will forfeit half your interest accrued up to the date you make your request to cash in your bond(s) for the third 30 day period. BONUS INTEREST: If you do not cash in your bonds before the 90 day period you will receive your initial investment plus the 9% interest according to the bond offering PLUS an extra 3% interest once the 90 day period is reached. This puts your return on investment at 4% per month, in line with other current investments. Trust: You either trust me (and ebank) with your isk or you don't. This isn't the thread to discuss it in. If you don't have the necessary trust in me (or ebank), don't invest. The interest rate is set at 3% per 30 day period with a bonus at the end of the 90 day period for those that let their bonds go the full length. Some other information about me. And a thread about my last IPO and its success. # of bonds: 24 Price per bond: 500m Bond length: 90 days OR see explanation in Bond length section Interest rate: 3% per 30 day period OR see explanation in Bond length section and Bonus interest section. If the situation arises, I reserve the right to end this bond at any time. If this happens I will pay out the initial investment plus interest accrued up to that date at a rate of 4% since it will be my choice to close the bond early. <Amarr's signature>
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 04:45:00 - [2] Reserved <Amarr's signature>
Taua Roqa Minmatar Planet Roqa	Posted - 2009.07.21 05:44:00 - [3] i, too, laugh at audits. ha ha ha, i laugh at thee!
tendao	Posted - 2009.07.21 06:09:00 - [4] I'd like one bond (500 million). I'll send ISK after confirmation.
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 06:18:00 - [5] Originally by: tendao I'd like one bond (500 million). I'll send ISK after confirmation. Confirming 1 bond for you. Please send isk to Amarr Citizen 155. <Amarr's signature>
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 08:04:00 - [6] Just a quick explanation as I've gotten a few evemails asking for this to be explained. Basically, this is a 90 day bond @ 4% interest per month. If you withdraw your isk early you suffer a penalty as outlined in the offering details but if you leave your isk for 90 days your return will be your principle plus 12% interest. <Amarr's signature>
YouGotRipped Ewigkeit	Posted - 2009.07.21 08:12:00 - [7] As one of AC's best friends, I can testify to the fact that he is no scammer and although it may seem like it, he is not trying to cash out on his reputation. Black Sun Empire
Treelox Amarr Seppuku Warriors	Posted - 2009.07.21 08:13:00 - [8] Originally by: Amarr Citizen 155 Just a quick explanation as I've gotten a few evemails asking for this to be explained. Basically, this is a 90 day bond @ 4% interest per month. If you withdraw your isk early you suffer a penalty as outlined in the offering details but if you leave your isk for 90 days your return will be your principle plus 12% interest. 4%/month(for 3months) =! 12%/3months The rules of compounding..... You might want to clarify that AC. --
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 08:16:00 - [9] Originally by: Treelox Originally by: Amarr Citizen 155 Just a quick explanation as I've gotten a few evemails asking for this to be explained. Basically, this is a 90 day bond @ 4% interest per month. If you withdraw your isk early you suffer a penalty as outlined in the offering details but if you leave your isk for 90 days your return will be your principle plus 12% interest. 4%/month(for 3months) =! 12%/3months The rules of compounding..... You might want to clarify that AC. Yeah i forget we have a peanut gallery here that isn't as smart as you. :) 4% per month will equal 12% total over the life of the bond. If you keep the bond for 90 days you get 12% TOTAL interest which equals 4% per month. <Amarr's signature>
Feryal Sky	Posted - 2009.07.21 08:16:00 - [10] Edited by: Feryal Sky on 21/07/2009 08:19:24 Originally by: Treelox 4%/month(for 3months) =! 12%/3months The rules of compounding..... You might want to clarify that AC. I would not touch this offering with a ten feet pole. P.S. Joking. So what happened, AC, they kicked you out of Ebank?
tendao	Posted - 2009.07.21 08:18:00 - [11] Originally by: Amarr Citizen 155 Originally by: tendao I'd like one bond (500 million). I'll send ISK after confirmation. Confirming 1 bond for you. Please send isk to Amarr Citizen 155. ISK sent.
Jackie Fisher Syrkos Technologies	Posted - 2009.07.21 08:18:00 - [12] I don't have a barge pole so I'll take 6 bonds.
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 08:23:00 - [13] Originally by: Feryal Sky I would not touch this offering with a ten feet pole. P.S. Joking. So what happened, AC, they kicked you out of Ebank? LOL, naw I'm still at EBANK. But I don't use EBANK funds for my private business. <Amarr's signature>
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 08:29:00 - [14] Originally by: Jackie Fisher I don't have a barge pole so I'll take 6 bonds. Confirmed. Please send isk to Amarr Citizen 155. Originally by: tendao ISK sent. Received. <Amarr's signature>
Jackie Fisher Syrkos Technologies	Posted - 2009.07.21 08:30:00 - [15] Isk sent.
Tetovo Caldari Leo Nomis Memorial LLC	Posted - 2009.07.21 09:41:00 - [16] Edited by: Tetovo on 21/07/2009 09:44:00 Edited by: Tetovo on 21/07/2009 09:43:30 Edited by: Tetovo on 21/07/2009 09:42:56 Originally by: Amarr Citizen 155 Originally by: Treelox Originally by: Amarr Citizen 155 Just a quick explanation as I've gotten a few evemails asking for this to be explained. Basically, this is a 90 day bond @ 4% interest per month. If you withdraw your isk early you suffer a penalty as outlined in the offering details but if you leave your isk for 90 days your return will be your principle plus 12% interest. 4%/month(for 3months) =! 12%/3months The rules of compounding..... You might want to clarify that AC. Yeah i forget we have a peanut gallery here that isn't as smart as you. :) 4% per month will equal 12% total over the life of the bond. If you keep the bond for 90 days you get 12% TOTAL interest which equals 4% per month. You missed his point. 4% per month is 12.3% over 3 months. So you could say, 4% per month compounded quarterly which is really what you're doing here.
Ambo I've Got Nothing	Posted - 2009.07.21 10:39:00 - [17] I'll take 12 bonds. Will send you the isk once I get in from work. -------------------------------------- Trader? Investor? Just want to track your finances? Check out EMMA
Mr Horizontal Gallente KIA Corp KIA Alliance	Posted - 2009.07.21 11:01:00 - [18] I'll take the last 5. Director \| www.eve-bank.net
tre introv THE MuPPeT FaCTOrY Cult of War	Posted - 2009.07.21 12:00:00 - [19] Contact me if any of the reservations fall through. I will pick them up. Thanks -tre
Kazzac Elentria	Posted - 2009.07.21 12:50:00 - [20] Well that bit.... if it happens that anyone falls through/through (not likely) I'll pick up some as well.
Mme Pinkerton Caldari	Posted - 2009.07.21 15:53:00 - [21] Edited by: Mme Pinkerton on 21/07/2009 15:52:54 Originally by: Tetovo You missed his point. 4% per month is 12.3% over 3 months. So you could say, 4% per month compounded quarterly which is really what you're doing here. To my knowledge, bonds never acquire compounded interest; coupons don't "stack up" but are paid out directly to the investor, interest is always measured as a percentage of the bond's face value. " Credit is the economic judgement on the morality of a man. "
Scott Ryder Amarr Suns Of Korhal	Posted - 2009.07.21 16:27:00 - [22] Originally by: Amarr Citizen 155 Originally by: Treelox Originally by: Amarr Citizen 155 Just a quick explanation as I've gotten a few evemails asking for this to be explained. Basically, this is a 90 day bond @ 4% interest per month. If you withdraw your isk early you suffer a penalty as outlined in the offering details but if you leave your isk for 90 days your return will be your principle plus 12% interest. 4%/month(for 3months) =! 12%/3months The rules of compounding..... You might want to clarify that AC. Yeah i forget we have a peanut gallery here that isn't as smart as you. :) 4% per month will equal 12% total over the life of the bond. If you keep the bond for 90 days you get 12% TOTAL interest which equals 4% per month. Not that I am going to invest, but by peanut gallery you refrer to possible investors riight?
Ray McCormack hirr	Posted - 2009.07.21 16:31:00 - [23] Originally by: Scott Ryder Not that I am going to invest, but by peanut gallery you refrer to possible investors riight? http://en.wikipedia.org/wiki/Peanut_gallery Not likely to be investors based on that definition then, are they? Some people call me the space cowboy, yeah
Scott Ryder Amarr Suns Of Korhal	Posted - 2009.07.21 17:14:00 - [24] Originally by: Ray McCormack Originally by: Scott Ryder Not that I am going to invest, but by peanut gallery you refrer to possible investors riight? http://en.wikipedia.org/wiki/Peanut_gallery Not likely to be investors based on that definition then, are they? Ah see. I stand corrected, all apologies. My english is at times not the best and in this case i simply misunderstood.
Kes Lynnair Minmatar Forethought Unchained	Posted - 2009.07.21 17:20:00 - [25] OP most likely meant for the peanut gallery to mean less informed and intuitive readers as the general definition does not make sense on the context of the post
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 17:20:00 - [26] Bond purchase list updated. I have received isk from tendao, Jackie Fisher, and Ambo. Still waiting on isk from Mr Horizontal. <Amarr's signature>
Amarr Citizen 155 Tleilex Developments Mostly Harmless	Posted - 2009.07.21 17:27:00 - [27] Originally by: Kes Lynnair OP most likely meant for the peanut gallery to mean less informed and intuitive readers as the general definition does not make sense on the context of the post No I'm pretty sure I used it correctly. The individuals that don't invest but like to heckle and interrupt the offerings here on MD. In my mind I do picture them sitting in the "cheap seats" but I don't picture them eating peanuts.... probably crystal eggs or nerve sticks. /roleplay <Amarr's signature>
Mr Horizontal Gallente KIA Corp KIA Alliance	Posted - 2009.07.22 15:36:00 - [28] Originally by: Amarr Citizen 155 Still waiting on isk from Mr Horizontal. sent. Director \| www.eve-bank.net
Amarr Citizen 155 Imperial Shipment	Posted - 2009.07.22 16:36:00 - [29] Originally by: Mr Horizontal Originally by: Amarr Citizen 155 Still waiting on isk from Mr Horizontal. sent. Confirming isk received. That's all isk received. I did want to add the below section to my investment details Hit by a Bus I get hit by a bus and most likely die, you most likely lose your isk. Everyone loses except while I am dead you'll still be alive. <Amarr's signature>
Jackie Fisher Syrkos Technologies	Posted - 2009.07.22 17:38:00 - [30] Originally by: Amarr Citizen 155 Hit by a Bus I get hit by a bus and most likely die, you most likely lose your isk. Everyone loses except while I am dead you'll still be alive. Can I have your organs?

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