| Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 .. 16 :: one page |
|
|
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Curzon Dax
Deep Core Mining Inc.
   |
Posted - 2009.09.15 23:32:00 -
[1]
Greetings folks! I'm Curzon Dax. I'm not going to spend three paragraphs explaining who I am; a little research or any community involvement in the last 5 years will probably have seen my name on your screen, or in your ears. I'm no longer in the trillionaire range; when I left Eve in 2007, I let my investments be kept, and wished everyone the best of luck, and signed off. I missed making parodies and returned to generate more laughs. Having done so, my interest is waning again, and this time, I intend not to return.
Before I go, I'd like to get a Paladin and a Golem, and officer-pimp them both, which is what this IPO is about. I have approximately 150-200 billion in assets, mostly in officer fittings and ridiculously expensive ships. If anyone remembers the Eve PvP Championship fights and the 50 billion ISK battleships I was flying around to stack my odds of winning, I still have all my fancy toys, just not the capital.
Plan
This is basically a CD opportunity, with 200% interest. I'd like to set a definitive date in the 6 months to 1 year range. I haven't gone shopping yet, but I expect need about 50 billion ISK to fit what I want, which I'll raise through this IPO. On a date NO LATER THAN one year (probably significantly sooner), Entity (yes, the collector) has agreed to take receipt of my character and all of its assets and pay out the IPO on my behalf from my assets. In other words, instead of selling all my rare and shiny stuff to random people, Entity gets to "buy" it all from the IPO shareholders, and make a very tidy profit while he's at it, and add to his collection of priceless stuff.
Profit wise, if I take a *VERY* conservative estimate of the value of all my loot, we're looking at 150 billion ISK in assets. I would despise having to sell shiny stuff to buy other shiny stuff which is why I'm making this IPO. Your ISK isn't going to generate more ISK; the value of the payout already exists, so business can't turn bad. I'm not sure what Curzon Dax as a character is worth (70m SP, +5 set, Halo set, Slave set, etc), but between the 50 billion ISK margin between the 200% RoI and the value of my character, Entity will be paid very well for his services.
TLDR
I'd like to acquire 50,000,000,000 ISK total, which will pay out 100,000,000,000 in dividends no later than one year after the CD being filled; Entity will be taking control of my character and assets to distribute payment from my character so that he can keep my rare stuff for himself.
I've done a lot of original stuff in Eve, from creating the Eve Fights, to starting Eve Online Hold'Em (Now EOHPoker owned by Selene), to founding the idea of providing highsec POS anchoring services. This is my last endeavor in Eve before I leave for good, and there's an opportunity for folks who care about ISK to make a profit from it.
Thanks for reading, and I'll answer questions as I can.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Dzil
Caldari
Sausage Banking
|
Posted - 2009.09.15 23:37:00 -
[2]
... you didn't make a parody of my bank fail song.
:(
500m reserved pending karaoke.
Dzil's Corp Sales - 200m |
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.15 23:47:00 -
[3]
Edited by: Curzon Dax on 15/09/2009 23:47:13
I'm not done making parodies yet, and I have your song in line after my parody "Evil Pirate" which is a parody of "White and Nerdy" by Weird Al.
Turn the music on and sing this instead:
They see me ganking
a carebear
I know they're all thinking I'm an evil pirate
Think I'm just an evil pirate
Think I'm just an evil pirate
Can't you see I'm an evil pirate
Look at me I'm an evil pirate.
I wanna roll with
The carebears
But so far they all think I'm an evil pirate
Think I'm just an evil pirate
Think I'm just an evil pirate
I'm just an evil pirate
Really just an evil pirate
*EDIT* The song chronicles this evil pirate who wants to hang out with carebears, and mine with them, and mission run with them, but everyone is afraid to do so because....they're a pirate. =p
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Scifi
Caldari
Deep Core Mining Inc.
|
Posted - 2009.09.16 00:31:00 -
[4]
Shame to see you go, but I can understand where you're coming from. You certainly brought a nice spark of life into the DCMI chat. I'm sure I got 500mil or so lying around to contribute to the great bucket list.
|
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 00:32:00 -
[5]
I should clarify (due to a question in game) that the total payout will be 150,000,000,000 ISK; the initial 50 billion ISK in addition to 100 billion ISK in dividends. That's the 200% interest.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Conwakleferibok
|
Posted - 2009.09.16 00:41:00 -
[6]
Reserve 5 bn.
|
Mephistocles
Red Frog Investments
Blue Sky Consortium
|
Posted - 2009.09.16 00:41:00 -
[7]
When will you start accepting isk? Also, is there any chance we can get Entity to post confirmation on this just as a matter of thoroughness?
Pending these questions I'll reserve 1B. |
ginlaaan
Gallente
Paxton Industries
Paxton Federation
|
Posted - 2009.09.16 00:44:00 -
[8]
reserve 1 billion isk for ginlaaan
--Ginlaaan-- |
Saint Lazarus
Tri-Mining Corp
Rising Phoenix Alliance
|
Posted - 2009.09.16 00:44:00 -
[9]
I'd like to reserve 500mil pending Entitys confirmation.
Just out of the oddness of this "IPO" 
-----------------
My EvE Comic
|
Meganoita
|
Posted - 2009.09.16 00:47:00 -
[10]
 Originally by: Mephistocles
When will you start accepting isk? Also, is there any chance we can get Entity to post confirmation on this just as a matter of thoroughness?
Pending these questions I'll reserve 1B.
I'll reserve 4b pending the above.
|
|
|
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 00:57:00 -
[11]
I've received 1 billion from Scifi, and 1 billion from Ginlaan. 48 billion ISK left available.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
ginlaaan
Gallente
Paxton Industries
Paxton Federation
|
Posted - 2009.09.16 00:58:00 -
[12]
Sorry about that LOL i read it like you wanted it in 100k increments.
--Ginlaaan-- |
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 01:06:00 -
[13]
Entity is the 3rd party executor here, but please keep in mind that he is not financially liable for my IPO. On the flip side, I don't imagine that he'd take all my stuff when I leave and scam everyone...he's too much a central part of Eve's history.
Chribba, if you read this...sorry man, haven't seen you online for a week or two, or I would have asked you first.
But yeah; there's plenty of margin here, and I'd like to think there's more than enough people who know me and what I've got to fill up the 50 billion in short order.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 01:11:00 -
[14]
5 billion ISK recieved from Conwakleferibok.
There is 43 billion ISK left to be invested in this opportunity.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Murixo
M. Corp
Mostly Harmless
|
Posted - 2009.09.16 01:18:00 -
[15]
Just want to check, there are 0 returns until the full year is up? Also, would like to reserve 5b pending a post from Entity of course. Pretty cool way of going  Don't forget to fraps the shinies going boom 
|
Thoraemond
Minmatar
Far Ranger
|
Posted - 2009.09.16 01:22:00 -
[16]
An innovative offering!
Originally by: Curzon Dax
I'd like to acquire 50 GISK total, which will pay out 100 GISK in dividends, or a total of 150 GISK no later than one year after the CD being filled. That's 300% RoI over a maximum of one year, or 25% interest per month at minimum.
Some clarification here: the numbers you've put here aren't precisely wrong or false per se, but they are not how rates of return are commonly described.
ROI is more often computed as (finalValue û initialValue) / (initialValue), which would make this 200% over an 11.5 month period, rather than 300%.
And when you break down a period into smaller periods, the returns are typically compounded on the smaller period. Here if the returns were compounded monthly, the rate of return would be approximately 10% per month, rather than 25%.
á
á
|
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 01:24:00 -
[17]
Shinies will NOT go boom. I repeat....I will NOT boom my shinies. None of them. ><
Second, as far as interest rates, I'm not a financial analyst or a bank guy in terms of returns, but if you give me 1 billion ISK and I give you 3 billion ISK, isn't that a 300% return?
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Thoraemond
Minmatar
Far Ranger
|
Posted - 2009.09.16 01:28:00 -
[18]
Originally by: Curzon Dax
As far as interest rates, I'm not a financial analyst or a bank guy in terms of returns, but if you give me 1 billion ISK and I give you 3 billion ISK, isn't that a 300% return?
Short answer: no.
Longer answer: You are right in one sense of the words ('3 GISK is 300% of 1 GISK'), and that's why I said you weren't precisely 'wrong', but that's not how investment returns are typically reported or or analyzed. See Wikipedia for more detail and formulae: Rate of return.
á
á
|
Nagus LeGrand
|
Posted - 2009.09.16 01:37:00 -
[19]
Edited by: Nagus LeGrand on 16/09/2009 01:38:01
Originally by: Curzon Dax
Shinies will NOT go boom. I repeat....I will NOT boom my shinies. None of them. ><
LOL. Curzon, you will be missed.  I wish you the best. It has been fun having you around DCMI again, even for a little while.
If we don't get fraps of shinies going boom, at least make some fraps of shinies making other things go boom.  |
Steph Wing
Gallente
Reaper Industries
Eternal Rapture
|
Posted - 2009.09.16 01:37:00 -
[20]
I, too, would like to hear from Entity before I consider further.
|
|
|
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 01:42:00 -
[21]
Originally by: Nagus LeGrand
If we don't get fraps of shinies going boom, at least make some fraps of shinies making other things go boom.
Yep, I'll take some screenshots of a fat Paladin or a Golem doing "Worlds Collide."
=)
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 01:58:00 -
[22]
1 billion received from Chaos Wraith; 42 billion ISK left.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 02:03:00 -
[23]
4 billion ISK received from Meganoita.
38/50 billion ISK left available to invest, and the IPO has only been open for an hour.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Murixo
M. Corp
Mostly Harmless
|
Posted - 2009.09.16 02:54:00 -
[24]
No booming shinies? :(
For sake of argument, I meant is that 300% going to be an incremental one over the year (weekly/monthly), or are we going to see no returns until September 01 2010, at which point a huge amount of ISK hits my wallet.
Oh and sod it, I'll confirm my 5b reservation if I can have until Friday night to sc**** it together (tried to catch you in-game to ask but had to run)
|
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 03:03:00 -
[25]
You have until the CD fills to be involved. In the opening hours of my IPO, 25% of the available funds have been snatched up, I don't honestly expect this to last very long. I'm not asking for mega-bucks, and half of Eve knows I'm good for the cash - the other half I don't care about. =p
In response to your question about incremental payouts, CD is the best description I can give to it. There will not be incremental payouts, there will be a lump sum 300% return on your investment at the termination of this IPO.
I honestly don't expect to still be here in a year - my wife (Dodiez) thinks that we should give up MMOs when we move into our new house (just bought a new house) this weekend and stick to playing console games / tabletop warhammer. I tend to agree, but would like to stay off execution of being involved in an online community until I've had a chance to get my last couple of shiny things.
However, for the sake of posterity, I've attached a 1 year deadline (little less) for return on investment. I'm not sure how incremental stuff and banking things go, but when I do 300% divided by 12, I end up with 25%, which means folks will earn 25% interest on their funds for 12 months, then get paid. Even if its 200%, that's still 16.6% interest per month for 12 months. Either way, its a better investment than I ever invested in while I was accumulating wealth.
And not to beat a dead horse, but at the end of it all, I will either do a character transfer with all my stuff to Entity, or (given his preference) I will contract all my stuff to him, and find someone else to take control of Curzon and use him / sell him.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
General Wiggles
|
Posted - 2009.09.16 03:10:00 -
[26]
sign me up for 1 billion please, General Wiggles.
|
Thoraemond
Minmatar
Far Ranger
|
Posted - 2009.09.16 03:16:00 -
[27]
Originally by: Curzon Dax
I'm not sure how incremental stuff and banking things go, but when I do 300% divided by 12, I end up with 25%, which means folks will earn 25% interest on their funds for 12 months, then get paid. Even if its 200%, that's still 16.6% interest per month for 12 months. Either way, its a better investment than I ever invested in while I was accumulating wealth.
As I explained above, this is probably better described as a 200% return on investment over a year, or roughly 10% per month when compounded monthly over the same period.
These numbers are indeed better than many public investment opportunities, so there's no need to rhyme off even bigger numbers and claim ignorance of how investment returns are typically calculated and reported.
á
á
|
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 03:18:00 -
[28]
And...1 billion received from Wiggles.
37/50 billion left.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Curzon Dax
Deep Core Mining Inc.
|
Posted - 2009.09.16 03:31:00 -
[29]
Originally by: Thoraemond
200%
*shrugs again*
I don't really know what compounded monthly means, I'm not pretending ignorance. My wife and I closed on our new house on Friday, and our realtor and the attorney were getting frustrated with me because I was trying to understand the nuances of the mortgage. ><
However, I don't think your numbers fit this occasion because this isn't a stock. This is a flat-rate CD that will take a maximum of 12 months to mature, and has a very strong early completion possibility. If you say its 200% and not 300%....well, instead of percents, I can just explain that people are going to be paid triple their investment.
--------------------------------------------------
Eve-Online Parodies: Music To Laugh To |
Manu Hermanus
FaDoyToy
|
Posted - 2009.09.16 03:41:00 -
[30]
Edited by: Manu Hermanus on 16/09/2009 03:41:19
But I don't want your stuff, just your music 
just a shame I don't have liquid cash at this point.
and yes it is 200% because I get 200% of what I put in back in profit in addition to the 100% I put in
You're posting again!? Has it really been 5 mins?
|
|
|
|
|
| |
|
| Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 .. 16 :: one page |
| First page | Previous page | Next page | Last page |