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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.22 23:59:00 -
[1]
I never did it, and I am personally against the cap, its annoying to say the least.
People do it to allow more investors in their IPO/BOND.
Some justify it with saying, they do it for the small time investors.
Which is bull**** :D
Remove the cap.
Latest example is Proton Powers IPO, which was capped at 1.75B and i wanted to throw 5B at it, but couldnt... :(
Think about the large investors please :(
We never get special treats.
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 14:20:00 -
[2]
I will repeat this here, a single investor cant ruin your rep!
everything can be verified through the api.
only place where you might get in trouble is when transfering the shares, dont think that get logged.
but to avoid this, simply dont issue shares, if there is only one investor it isnt needed anyways.!
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 14:57:00 -
[3]
 Originally by: Cista2
Originally by: Ji Sama
I will repeat this here, a single investor cant ruin your rep!
everything can be verified through the api!
I am not doubting that, however I haven't handed over my api yet and I am not planning to either. So in my case the argument is valid that a single investor could actually harm me, and hence I have put on a cap.
I might hand over my api for an audit if it seemed necessary but I don't much fancy an auditor looking at what I am investing in for Dominion.
Ie. translation.
I have illegal contacts i dont want my investors finding out about.
There is not 1 single excuse not to get a respected auditor to look at your logs, not one.
Well there is one; You have something to hide.
Also the reason you dont see me investing in your ventures.
Sure trust can be earned without an audit, but saying openly that you dont trust auditors with your api, is really shooting yourself in the foot :D
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 15:52:00 -
[4]
never said you where arrogant.
though you are :D there now ive said it.
you really think your data on your account is worth anything to an auditor?
you just showed that you have something to hide.
what ever that is i dont know.
but its not something that makes me want to invest in you.
glad we had this little talk :D
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 16:08:00 -
[5]
Quote:
haven't handed over my api yet and I am not planning to either
The arrogance is in saying indirectly that she doesnt trust the auditor.
As stated each to his/her own, i stated what i think, thats all.
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 17:16:00 -
[6]
Edited by: Ji Sama on 23/10/2009 17:18:13
I might have misunderstood you, didnt mean to put words into your mouth.
Ill just add this; saying that X is the reason for not allowing an auditor is mostly just a decoy to avoid said auditor to find Y.
You couldnt say; i dont want an audit because i would be revealed as a scammer!
Thats like asking a terrorist if he is a terrorist, he will ofcourse say no :D
Not saying you are a scammer, just saying that if you where, that would be your excuse :D
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 17:30:00 -
[7]
Indeed, we need more auditors, but they dont grow on trees!
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.23 20:14:00 -
[8]
Your right larcat its a whole different ball game, and speaking personally i wouldnt give my api out to an auditor i didnt trust :D
caleb, kazzac, brock and shar however are people i trust.
vv have proven himself quite competent, and while i am not sure i trust him, i trust him enough to give him my api, for our next audit :D
there isnt really anything "secret" there to see anyways, i trade in mainstream stuff, in mainstream hubs :D
nothing a 101 in trading wouldnt teach you :D
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.24 09:46:00 -
[9]
Originally by: Skarii TuThess
If you are issuing a bond with an early buy-back option it makes sense to cap the limit of investment for any one investor.
No it doesnt, you could just make a clause that allowed a partial buyback.
Your bond, your rules.
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.25 10:58:00 -
[10]
Didnt mean to twist/misunderstand your words, i am sorry.
Its simple though.
There is no reason to cap the investors.
Not a legit one atleast.
You are grinding rep, there is no added security in allowing more investors in. Only reputation building advantages.
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Ji Sama
Caldari
Tash-Murkon Prime Industries
Sex Drugs And Rock'N'Roll
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Posted - 2009.10.25 12:01:00 -
[11]
Edited by: Ji Sama on 25/10/2009 12:03:05
Edited by: Ji Sama on 25/10/2009 Reason: Error In Spelling 12:01:21
Kylars words speaks thrust & truth!
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