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Author	Thread Statistics \| Show CCP posts - 1 post(s)
Athre Minmatar The Higher Standard	Posted - 2009.08.25 18:04:00 - [1] Originally by: Tesal You should liquidate. Its time to pull the plug. I believe you are short sighted. Everyone in EBANK is in it for the long haul. If we pulled the plug today we would be unable to pay back everyone's ISK. Please read the OP.
Athre Minmatar The Higher Standard	Posted - 2009.08.25 18:43:00 - [2] Originally by: Zila Shadow I'll be much less annoyed by this news if it doesn't apply to withdrawals made before the announcement Zila, yes your withdrawal is in before the cut off as are all unprocessed withdrawals from the 24th.
Athre Minmatar The Higher Standard	Posted - 2009.08.25 19:15:00 - [3] Originally by: Moon Dogg Would this possibly be an opportunity to do an IPO on the bank and take it public? Please refer to the OP sections Recovery and The Future.
Athre Minmatar The Higher Standard	Posted - 2009.08.25 20:42:00 - [4] Originally by: Herschel Yamamoto Looking at the financials, a few things stand out. One, your salaries expense, more than 75B, is really high - all I can remember hearing about EBank salaries was that they were pretty token, maybe a hundred mil a month at the high end. Were those numbers a misunderstanding on my part, lies, or are they legit and you just have a huge salaried workforce? Standard participation was 100m a month. Dont participate you dont get paid. Tellers received higher as they were processing transactions. Since Ric embezzled all salaries were halted. Quote: Loans Ricdic summarily made decisions on loans with out consulting others. Since the change a firm collateral policy has been in place and all loan offerings are posted where board members can post red flags if warranted. Quote: Did the people running EBank see regular financial statements? No. Since Ray has come on board we have a living document where we have been able to see current information. Quote: or your financial data was hilariously incomplete from the beginning. I asked on two occasions for the backup data for Hexxx's EBANK Statements and received nothing. It is my belief he was plugging in numbers dictated by Ric. Complete conjecture on my part.
Athre Minmatar The Higher Standard	Posted - 2009.08.25 20:46:00 - [5] Originally by: Herschel Yamamoto This post - Selene D'Celeste said "...for many months, no one at EBANK received a salary, and even now that salary is token enough that few if any employees can fund a single account on a GTC with said salary." When I came on board to EBANK a few months in it was decided we were liquid enough to back pay salaries. I dont have exact numbers infront of me but something like 75b /18 months/15 people
Athre Minmatar The Higher Standard	Posted - 2009.08.25 20:50:00 - [6] The plan has % goals, not date goals. Please review the OP
Athre Minmatar The Higher Standard	Posted - 2009.08.25 20:57:00 - [7] Originally by: Herschel Yamamoto Originally by: Athre Originally by: Herschel Yamamoto This post - Selene D'Celeste said "...for many months, no one at EBANK received a salary, and even now that salary is token enough that few if any employees can fund a single account on a GTC with said salary." When I came on board to EBANK a few months in it was decided we were liquid enough to back pay salaries. I dont have exact numbers infront of me but something like 75b /18 months/15 people So the average salary was around a quarter bil a month? I think the term average is misleading. Development time was cost in, participation time cost in and tellering transactions. There may be more but since I was not doing payroll I may have missed some of the nuts and bolts. Those are the highlights I recall. A Director that did nothing more than participate would have received 100m a month, retroactive.
Athre Minmatar The Higher Standard	Posted - 2009.08.26 04:57:00 - [8] Originally by: Marcus Baltar I think that your share values need to be looked at; I would value your portfolio a lot lower, although you do seem to be missing 10 billion in Titans4U. Thank you, no physical shares were given yet. I'll add this to the spreadsheet
Athre Minmatar The Higher Standard	Posted - 2009.08.26 05:18:00 - [9] Originally by: Brock Nelson 2. It's known that EBank owns shares of public corporation including Flux Technologies, does EBank plan to hold onto those shares or sell them off at higher than purchase price? The basic problem was that not enough isk was invested wisely or otherwise. Your business offering helps EBANKS customers as its presumed to be a reasonable investment. We actually need to invest more isk wisely and will continue to do so that we may surpass the ROI necessary for accounts to be turned back on.
Athre Minmatar The Higher Standard	Posted - 2009.08.26 05:31:00 - [10] species2143 - Thank you for your concerns. EBANK has no worries regarding Titans4U flooding the market. There is actually room for us both and as shown it takes quite a bit to buy Titan BPO's. Bobby's doing quite a lot of work up front. I'm sorry that you feel like you had no voice in the decision. Are you actually a customer? The people who hold shares (not own hold) are the Directors. Please take another look at the original OP. It was not an easy decision but it is one that will eventually regain all the isk our customers have entrusted to us. It also gives a way of making it so that one day we WILL be able to turn on interest. You ask that we consider your perspective and we have. Now consider mine. A teller working withdrawals, having to check every single one for potential contamination or misdoing and then processing them. Having people complain and whine that the withdrawals are not being done fast enough. Then consider that this is a game and while I dont mind doing menial repetitive tasks, I do not appreciate it when people insist my time belongs to them. It doesnt. I do feel a duty to our customers and to that end I have been a strong voice of the 48 hour SLA. Have I missed the deadline a time or two in the year I've been with EBANK? Yes. Have I logged in to process transactions when I really did not feel like it? Yes. Why you may ask? Duty and belief in the entity that is EBANK. Consider that when I asked about Profit and Loss I was waved off and assured that things were fine. I can not tell you how thrilled I was to see a Balance Sheet as one of Ray's first actions. All your hard feelings are understandable. Please also give us the courtesy of showing you we can make this work eventually.

Athre Minmatar The Higher Standard	Posted - 2009.08.26 05:39:00 - [11] Originally by: Astaria Pyreto Might help if they allowed people to talk in the channel. We have 2 petitions that were originally made as "stuck" but placed in the UI queue. We are hopeful that the channel will reset at down time. I'm not sure what exactly I did wrong when attempting to update the MOTD with this thread and the https of the news page on EBANK's web site. Yes I said it :( I broke the channel
Athre Minmatar The Higher Standard	Posted - 2009.08.26 20:15:00 - [12] Originally by: Azelle Storm'Eye A small thing struck me in your report over shares. FIRD is set at 0 ISK value, and I can understand why, but from what I know the corp has been contacting shareholders and offered to buy back shares atm, and they seem to have contacted all the shareholders ( according to one of the BOD ), has Ebank been contacted ? It isnt much to recoup on that account, but 32bill is afterall 32bill less you need to recoup We were told the little investors would be paid out 1st. Nothing has been forthcoming from this corporation attempting to clean up Quadria's mess.
Athre Minmatar The Higher Standard	Posted - 2009.08.26 20:27:00 - [13] Originally by: Block Ukx Consider the following: 1) Ricdic was involved in the EIB scandal as a ôtellerö. (Bank scam) 2) EBANK was created by Ricdic. (Another Bank scam) 3) Deposits made to EBANK Ricdic were never audited. 4) EBANK was never audited. (Until you û Ray). I think you give Ric too much credit. He got blind sided by EIB Attempted to show it could be done Completely failed at accounting for his own doings in EBANK and flatly refused to do accounting in his and PP's venture. That being said, I think you give him too much credit for planning this from the onset. Ric knew Selene was working on an audit (50% done from what we were told) and then Selene quit when I rejected his all or nothing dictatorship plan he shared with me. Little did I know what state the bank really was in at that time. What it amounted to was a Receivership type plan. Funny, I think we are there Montague.
Athre Minmatar The Higher Standard	Posted - 2009.08.26 21:21:00 - [14] Originally by: Ulecese forgot to mention, I'll take all your 'Gordon Freeman Tech III' at current value also. Catch me on MSN if you can, if not I'll be online after 12:30am USA Eastern.
Athre Minmatar The Higher Standard	Posted - 2009.08.31 08:06:00 - [15] Originally by: Proton Power Or you could just threaten to EMO quit again and have Athre fight yoru battles with block again right? PP F You. Shar never asked, instructed or coerced me to talk with Block. I in my own being, upset at jerks (like Block) who had nothing better to do than hound and attack someone who did nothing but alert the general populace of MD or anyone else who would bother to listen, and the thanks he got was to be kicked in the guts repeatedly... someone whom I care about. Yes, that was ME who decided Block needed a piece of MY MIND. Get your facts straight. Your comment also makes me wonder if you have a heart in that military body of yours. Do you? You dont present it. You'll remember I asked if Block, Poison and yourself knew people who cared too much. I believe the three of you answered yes, sure, definitely. Yet here you go again, showing that you dont and wont be supportive of people who actually do care and give a damn.
Athre Minmatar The Higher Standard	Posted - 2009.08.31 08:07:00 - [16] Originally by: Vaerah Vahrokha Shar does the above text mean you have been called in, to figure out WTF is going on in the bank? If so, and if you are left doing what needs to be done, there's still hope. No it means as a Founder he has made himself available to current Bank employees for consultation and historical information.
Athre Minmatar The Higher Standard	Posted - 2009.08.31 16:35:00 - [17] Originally by: Block Ukx Athre, I'm being very objective in this investigation. FACT: Shar was an EBANK founder and part of the BOD. While the investigation continues, I would prefer to keep our conversation private. I still got more questions for you. I'll be online tonight around 0:00 eve time. Thanks for your cooperation. Regards, Block Ukx Block you are funny.... I tried to speak with you privately and YOU brought me into a public channel. Proton you are funny too... do you think you get to pick and choose when YOU get to be serious and the rest of us dont? Kettle black? :)
Athre Minmatar The Higher Standard	Posted - 2009.09.07 22:10:00 - [18] Originally by: Rada Ionesco I don't have twelve accounts like you guys do, so that explains some of it maybe. Point of fact, I have but a single account. I have 1 character I play and 1 character to do EBANK things like withdrawals. Thats it, the alt that sits on my account is logged into maybe twice a year. Please get your facts straight. Thanks :)
Athre Minmatar The Higher Standard	Posted - 2009.09.09 21:43:00 - [19] Originally by: Renarri I have a question for Ray. Could you highlight or review any tentative plans you and the board are working on. I promise not to hold you to those plans. I would just like to see that ideas are being thrown around. Thank You. I'll field this one Things we have on the table and as stated above do not hold me to it but are at various levels of discussion 1) Partial liquidation by entrepreneurs (read: possibly matching up those who want to liquidate with those who want to potentially profit from such an arrangement) 2) Profit streams (various sorts) and the manpower to make it happen. 3) Possibly moving all ISK to sweep accounts 4) A cancel withdrawal button 5) A cancel account button (donate to ebank - zero it out and cancel it)
Athre Minmatar The Higher Standard	Posted - 2009.09.10 03:56:00 - [20] Originally by: cosmoray How about: 7) Talk to your customers and see what they want Please recognize you are one of the vocal minority. As stated the item you want, nea DEMAND (not your choice dude) is on the table still even though the internal feeling is this is not a good fix for our customers.

Athre Minmatar The Higher Standard	Posted - 2009.09.16 15:07:00 - [21] Originally by: Din Chao Or people like me. I deposited 400 mil before learning of the freeze (but after it was announced, so supposedly I'm allowed to withdraw it), and now wait for the day (if ever) when I can get it back. Din you were process about an hour ago. I've been checking withdrawals weekly (for post deposits and withdrawals off those sums)and didnt get to it sunday. I did them this morning before I go off to work.
Athre Minmatar The Higher Standard	Posted - 2009.09.16 15:15:00 - [22] Originally by: Jazz Scotch Can these pending withdraws be retruned to the accounts? Jazz, On the list of things to do includes having our development team code a "cancel withdrawal" button. No ETA available. - post script rant - what is with this 5 minute thing... meh

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