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Charles Ponzi School of Business Bond Offering

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Maestro Del'Tirith Space Exploration Forward Motion Industries	Posted - 2009.11.16 18:26:00 - [31] Charles Ponzi 'nuff said. ------------- Looking for a mature group to play with? Recruitment Thread
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.04 17:04:00 - [32] Just as an update, the 12/1 Anshar Loan payment was made.
Dretzle Omega Caldari Caldari Navy Volunteer Task Force	Posted - 2009.12.04 17:17:00 - [33] Originally by: Maestro Del'Tirith Charles Ponzi 'nuff said. We know who Charles Ponzi is.
Ambo I've Got Nothing	Posted - 2009.12.04 17:29:00 - [34] Goonswarm = no. The end. --------------------------------------
AmarrVictor	Posted - 2009.12.04 17:50:00 - [35] The trouble is, no matter how much your secured, or how good it sounds even if there is a 1 in a million chance of this going wrong you wouldn't invest because what kind of idiot puts money into the charles ponzi school of business. You may as well write in bold above your post this is a scam.
Bernie Ebbers Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.04 18:03:00 - [36] Originally by: AmarrVictor The trouble is, no matter how much your secured, or how good it sounds even if there is a 1 in a million chance of this going wrong you wouldn't invest because what kind of idiot puts money into the charles ponzi school of business. You may as well write in bold above your post this is a scam. Oh, it gets better, this is the new CEO alt I've been training.
Juliette Leblanc Gallente Federal Navy Academy	Posted - 2009.12.04 20:40:00 - [37] Originally by: Bernie Ebbers Oh, it gets better, this is the new CEO alt I've been training. TBH there's something awfully great in the full qualification "Bernie Ebbers, CEO of Charles Ponzi School of Business corporation, GoonSwarm alliance". Originally by: CCP Prism X In New Eden, EVE wins you.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.04 21:42:00 - [38] Originally by: Juliette Leblanc Originally by: Bernie Ebbers Oh, it gets better, this is the new CEO alt I've been training. TBH there's something awfully great in the full qualification "Bernie Ebbers, CEO of Charles Ponzi School of Business corporation, GoonSwarm alliance". You might be one of the first people to actually get the joke here.
Dretzle Omega Caldari Caldari Navy Volunteer Task Force	Posted - 2009.12.04 21:43:00 - [39] Originally by: Kalrand Originally by: Juliette Leblanc Originally by: Bernie Ebbers Oh, it gets better, this is the new CEO alt I've been training. TBH there's something awfully great in the full qualification "Bernie Ebbers, CEO of Charles Ponzi School of Business corporation, GoonSwarm alliance". You might be one of the first people to actually get the joke here. I got the joke. Still trying to figure out if it's funny. I'll let you know in a few months.
Don Pellegrino Helljumpers	Posted - 2009.12.05 05:32:00 - [40] Sounds legit, I'm in. ...seriously 4/10 for the wall of text and all the shiny numbers.

Ms Brownstone Interstellar Freight and Retail	Posted - 2009.12.05 06:15:00 - [41] Typical Example of ******ation, and the De-evolution of human society. Nuff said, now go and rant in my thread about scams and show me how this can be possibly legitimate. :D
Andron Blaxcor	Posted - 2009.12.05 08:57:00 - [42] Originally by: Ms Brownstone Nuff said, now go and rant in my thread Way ahead of you
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.11 18:00:00 - [43] Edited by: Kalrand on 11/12/2009 18:02:00 The following was posted on goonfleet.com: Quote: tl;dr Bonds for sale at 26,875,00 each. They pay 1,875,000 each month, beginning Jan 15. Why? I got five new moons, and thus expenses to smooth out over time. Longer: READ THIS THREAD FIRST I just expanded to five more moons, which means I can either pay my bills or actually pay to do that expansion properly. I'm doing the latter. Which means I still have bills to pay. And its time to go back into alchemy. In the last 48 hours, I towered 5 new moons, two platinum, two chromium, and a Neodymium moon. These right now don't have "teeth" yet; they need to be upgraded to my standard tower fitting. And I paid for the rights & towers for three of them, largely by selling the obelisk that's been sitting in my hanger since I bought the Anshar. Speaking of that Anshar, it's got an impending balloon payment coming soon Anshar (Link). Rather than sell off some assets (my fuel reserve, that obelisk which i already hocked, some random tower stuff), I'm going back to the well and borrowing more. Also, the math for alchemy has gotten sexy again, so rather than shipping my raws out to jita, I'm going to be turning it into higher level moon products. Oh, yea, that costs money to set up too, but I can cover that by selling the tower parts I replace when upgrading and uparming. So what does all this mean? It means it's bond sellin' time! Terms: You get added to the same list of owners of this bond here. They're just more expensive this time: 26,875,000 each. You still get 1,875,000 each month, on the 15th, starting in January. They can still be called at 26,875,000 + that month's interest payment. They still don't mature pretty much ever, but might, at any moment. MAKE RESERVATIONS IN THIS THREAD, AND CREATE A CONTRACT HERE: ->LINK<- These bonds, along with the previous 294 sold, are paid from the revenues of 15 moons: 1x Caesium, 6x Chromium, 4x Platinum, 1x Neodymium, 1x Thulium, 1x Mercury, 1x Cadmium. Please note that Neo has a new "windfall" tax attached to it, and the Caesium, Mercury, and Thulium towers might be taken down in the near future, and turned into alchemy towers. Bonds for sale: 176 (~4.7B) Use of funds: Tower uparmement: 2.5B Anshar Loan: 2.2 Market Conditions: Code: MineralAs OfLast Day Avg Px30d Vol Weightd Px Cadmium12/07/20092,080.192,675.44 Chromium12/07/20092,150.003,125.40 Platinum12/08/20092,996.002,415.02 Caesium12/07/2009 975.771,638.40 Mercury12/08/20091,479.871,668.35 Neodymium12/08/20099,997.9910,892.35 Thulium12/03/20091,508.002,426.34 Oversimplified Corp Assets & Debt Assets: Anshar: 4.2B Towers + Mods: 5.9B Fuel: 2B Cash, unsold moon ****: 0.5B Debt: Ponzi Bonds: 7.9B Anshar Loan: 2.2B Tax (dec est): 0.27b Interest (dec): 0.55B Net: ~1.7B Note: I actually tried raising money from eveo here first. Two people seem interested, neither has sent me any isk yet, and I doubt there will be much interest. "Oh no! Goons! Scam!" Largely.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.15 00:31:00 - [44] December 15, 2009 1. Introduction & Overview 2. Sov Changes 3. Current Assets 4. Current Operations - Mining 5. Asset Acquisitions 6. Re-leveraging 7. Additional Operations 8. Known Operational Issues Introduction & Overview This document is designed to give the investors in the two Charles Ponzi School of Business bond offerings an update on current operations. As this was not an IPO, no attempt at valuation will be made, and figures are deliberately vague to prevent any attempts. The purpose of this report is to allow the bond holders to understand operations, and to be appraised of any events that may potentiality affect their investment. At this time, no bonds are being called. It is my current belief that there would be a healthy market for these bonds if a Buy or Sell thread was opened. Over the last month, I have been implementing changes due to the release of Dominion. Recognizing current market changes, operations have been ramped back up. Sov Changes The implemented sov changes have not impacted my operations anywhere near as much as anticipated. At this point, all uparming has largely been completed, and new towers are currently being placed online. The anticipated a post-Dominion attack on Delve, Queruious, and Fountain has largely been over anticipated. My main (Kalrand) has finished training towards a Jump Freighter. Several other alts have been or are being trained to be cyno alts to help with logistics in the post-Dominion world. This largely was an exercise to streamline my fittings and update my skills. While preparing for the worst, the worst has not come to bear. Current Assets There are currently 15 mining towers across Delve and Querious. These are in four clusters, three in Delve and one in Querious. Notably, an entire new system has been added to this operation. Close in proximity to the central cluster, this cluster contains five new moons, and is in a system with a station. Due to the increase of towers, the fuel stockpile is largely inadequate in my eyes. I expect to purchase significant quantities of fuel over the next month. The current goal of having have a 90 day supply in each local system, a 5-30 day fuel supply on each tower, and an additional stockpile of 90 days of NPC fuel in the base system is currently lagging. Additional fuel will be purchased to meet this goal over the next three months. After payments of interest, tax, and repayment of the jump freighter loan, the corporation has about five billion in liquid isk, though this number is fluctuating up or down at any point depending on sales and purchases, and should drop down significantly over the next few days. Current Operations - Mining The mechanics of the mining operation are somewhat changed. Five additional moons have been towered to be mined, and several reaction towers should be placed online over the next month. Currently, the Charles Ponzi School of Business is mining 15 moons in 6 different systems. Chromium is the dominant moon mineral being mined, being the output of six different moons. Also being mined is four moons of Platinum, and one each of the following: Caesium, Cadmium, Mercury, Neodymium, and Thulium. The economics of the mining operation have changed slightly. The previous correlation of moon mineral prices has largely reversed, and overall profitability is flat to down. I expect the moon mineral market to continue stabilizing over the next few weeks, however I do not believe chromium prices will return to their previous levels. I expect Platinum to take its place as the largest mining related profit center of this operation.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.15 00:32:00 - [45] Asset Acquisitions In the last month, the corporation has purchased the rights to mine three moons from their previous owner. The purchase price of 850 Million isk was largely covered by the sale of the Obelisk that had seen no use since the purchase of the Anshar. This price was reached through an auction mechanism, and I feel is more than fair, especially since it came with the origional owner's mining equiptment. It is anticipated that these towers will be replaced and sold, raising ~300 million isk. I anticipate changing some of the current mining-only towers to the mixed mining/alchemy fitting that was in use several months ago. Over the next month, it is anticipated that four to five new reaction towers will be added in the core cluster. The plan is to convert the vast majority of raw moon minerals to intermediate materials, which will then be exported for sale. At this point I do not expect to run any complex reactions. Re-leveraging I have issued approximately 7 billion isk in bonds to new investors, notably some from the public forums These were all issued under slightly more favorable terms to the corporation. These funds will be used in three different avenues: 1) Adding reaction towers. 2) Arming the newly acquired mining towers. 3) Paying off the Anshar loan. These bonds were issued in two series. The public bond has a par value of 100 mil isk each, and pays a 6 Million coupon on the 15th of every month. The Goonfleet bond pays a 1.875 Million coupon each month, and has a par value of 26,850,000. The interest rate on the Goonfleet bond is approximately 7%, and has the same characteristics as the previously issued bond, though was issued at a higher price. Additional Operations It is anticipated that by the end of next months report, a full alchemy and reaction business will be in operation. Known Operational Issues Operations are highly dependent on regular importation and exportation from Delve to the Empire region. This is currently provided by Schwoogie Hauling, and a disruption in their operation, without a replacement service, would cause a disruption in business. However in the past, I have been approached by several other individuals interested in providing freight service to empire, should I ever need it. I have also been developing the infrastructure needed to provide my own importation and exportation should circumstances require it. Tax rates are currently in flux, and the current increase in Neodymium taxes were in place before the newest moon was acquired. Profit is still significant from this moon. Future changes in rates could be favorable or unfavorable to the corporation.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2009.12.17 16:37:00 - [46] It should be noted that 2.2 billion of the funds raised was used to pay off the Anshar loan early.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2010.01.14 23:30:00 - [47] January 15, 2010 1. Introduction & Overview 2. Business Continuity 3. Current Assets 4. Current Operations 6. Wind Down 7. Future Operations Introduction & Overview This document is designed to give the investors in the two Charles Ponzi School of Business bond offerings an update on current operations. As this was not an IPO, no attempt at valuation will be made, and figures are deliberately vague to prevent any attempts. The purpose of this report is to allow the bond holders to understand operations, and to be appraised of any events that may potentiality affect their investment. At this time, no bonds are being called. However, it is expected that the vast majority of bonds will be called over the next month. I'm sure most of my bondholders would rather use their isk to blow up ships than to get a small interest payment every month. War has come to Delve. Moon mining is lucrative in times of peace, but war brings new opportunities. The current operation will be wound down. Business Continuity The current climate has lead to the decision to end the current moon mining operation. All bonds will be called over the coming weeks, and a new venture will be eventually launched. At this point, the capital needs of my next venture has yet to be determined, and it is operationally easier to end all external investments. Current Assets Assets are currently held in several different locations. This includes 25 towers, several mining fits, lots of moon minerals, and several reaction fits. It is estimated that POS and moon assets will cover the repayment of these bonds. It is likely that the Jump Freighter will not need to be sold. Current Operations Currently, the Charles Ponzi School of Business is mining only a handful of moons, and this will rapidly be stopped. I may retain a small number of moons post repayment to fund my personal war effort. Operations will cease. Wind Down Winding down this bond will be done gradually over the next month. If anyone is interested in a large quantity of POS modules, please feel free to contact me. I believe the only market that will be able to handle this quantity in a short period of time will be Jita, and will be exporting accordingly. Interest will be paid for January on the 15th as scheduled. Interest for the entire month of February and principal will be paid for at any point between now and February 15th. I will be calling investors from the original rounds of funding before the newest investors, however if anyone needs funds to help with the war immediately, please send me a PM. Public bond holders will be called and paid last. If this is not completed by February 15th, and interest payment will be made on that day to the existing bondholders and this will bleed into March. I do not anticipate this happening. Future Operations Existing bondholders will be given an earlier window to invest in any future operations that require borrowed or invested funds.
InUrJita CheckinUrPrice	Posted - 2010.01.15 01:00:00 - [48] Edited by: InUrJita CheckinUrPrice on 15/01/2010 01:01:23 Well that's certainly unfortunate. Were your moons nationalized, or is this a pre-emptive action? edit: Oh, and pending repayment I'd be happy to invest in the next venture.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2010.01.15 01:10:00 - [49] Originally by: InUrJita CheckinUrPrice Well that's certainly unfortunate. Were your moons nationalized, or is this a pre-emptive action? It's mostly that my game time is better used defending Delve.
InUrJita CheckinUrPrice	Posted - 2010.01.15 01:31:00 - [50] I am shocked, SHOCKED, to hear that a reputable businessman would prefer lasers and gun thingies to the accumulation of isk. APPALLING. OUTRAGEOUS. INCONCEIVABLE! They'll rescind your bear license for this, I'll have you know.

SetrakDark Caldari DarkCorp Technology and Finance	Posted - 2010.01.15 01:43:00 - [51] Originally by: Kalrand It's mostly that my game time is better used defending Delve. Hmmmm,yes...adjusts monocle How...pedestrian. lol Sorry about your moon goo operation. Give those clowns hell.
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2010.01.16 06:36:00 - [52] Interest was paid on schedule.
Taram Caldar Noir. Noir. Mercenary Group	Posted - 2010.01.16 09:19:00 - [53] Learned a long long time ago never to trust a goon. Not from personal experience but from the droves of people I've watched get scammed and friends who've gotten scammed. Sorry Karl... there's no way I'd ever knowingly invest in a goon. Want a sig made? Contact me in game. Click my sig to see samples
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2010.01.16 15:22:00 - [54] Originally by: Taram Caldar Sorry Karl... there's no way I'd ever knowingly invest in a goon. If I run into anyone named Karl, I'll be sure to send him your condolences.
InUrJita CheckinUrPrice	Posted - 2010.01.19 18:45:00 - [55] Just noticed my interest was paid (thanks, eve-mon!). So, yeah, it definitely happened!
Kalrand Charles Ponzi School of Business GoonSwarm	Posted - 2010.01.23 17:46:00 - [56] At this point all bonds have been called, and all bond holders have been paid off.
Neo Maximus Gallente Forging Industries Einherjar Alliance	Posted - 2010.01.24 02:25:00 - [57] lol. Funny how you have Ponzi in the name. >.>
InUrJita CheckinUrPrice	Posted - 2010.01.24 03:07:00 - [58] Regardless of the slowpoke above me (hurr hurr he said "entert--ainus" hurr hurr), my bond was paid, along with a second month's interest payment.
Dethmourne Silvermane Gallente SRS Industries SRS.	Posted - 2010.01.24 06:12:00 - [59] i too got bonds + interest. --------------------------------- Ship Purchase Program Killmail Service discontinued by request.
Neo Maximus Gallente Forging Industries Einherjar Alliance	Posted - 2010.01.24 23:58:00 - [60] Originally by: InUrJita CheckinUrPrice Regardless of the slowpoke above me (hurr hurr he said "entert--ainus" hurr hurr), my bond was paid, along with a second month's interest payment. Lol. "slow poke"? Do you even know what a ponzi scheme is? The main element of a ponzi scheme is paying out intended dividends in order to gain trust and expand the "investors."



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