| Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 30 .. 35 :: one page |
|
|
| Author |
Thread Statistics | Show CCP posts - 1 post(s) |
Marcus Baltar
   |
Posted - 2009.12.05 16:43:00 -
[571]
 Originally by: Leneerra
when are you going to accept bleeped api's?
Already asked and not answered here.
Originally by: Leneerra
Or do you like the 12xx bil in suspense accounts?
Actually, that seems more like the plan, with them all being written off ASAP ("After six months any balances remaining in suspense accounts will be written off.").
No start date has been set for this process, and the posting date should not be counted as no in-game or RL emails, or other forms of contacting the account holders has been attempted. ("That's because we haven't sent one yet.").
Despite this post ("That should be fine thanks. I will code and test this afternoon with an aim to having it live this evening.") seeming to imply that BLEEP API's are acceptable, none of the numerous posts since by EBANK BoD members have confirmed it.
No attempt seems to have been made to release the account holder's funds locked in "pending withdrawals".
Currently;
EBANK holds 1,909,573,060,629 of depositor's funds.
16.53% : 315,842,705,865 ISK has been API verified.
19.67% : 375,781,189,199 ISK is inaccessible in locked "pending withdrawals".
63.78% : 1,217,949,165,565 ISK is waiting to be written off in "suspense account"
With the remaining 0.02% error : 38,191,461,212.58 which is pretty close to the "private" unrecorded EBANK assets ("According to the private sheet, the assets are valuated at - 31,577,934,289 ISK. (This is with every Blueprint marked as "Zero")") used to make an unrecorded 1 billion ISK profit ("with 1 pewny little indy alt with the help of the massive research slots available to us, have generated 1B ISK profit this month."). (Unrelated, possibly, but I find it interesting and it links the posts together  ).
--
|
RAW23
|
Posted - 2009.12.05 17:16:00 -
[572]
To be fair, Ray did say earlier in the thread that they are still considering alternatives to wiping the account balances. Hopefully a solution such as that suggested by Mme. Pinkerton or Sencnes will arise.
|
terry1968
|
Posted - 2009.12.05 22:17:00 -
[573]
hi i am looking to join how do i join so i can get a bank account and do u got a eve in game channel
|
Leneerra
Minmatar
Sebiestor tribe
|
Posted - 2009.12.06 12:20:00 -
[574]
I am not so sure I like sencnes her proposal.
I could be misunderstanding, but:
The longer term untill the isk is moved to a suspense account does not realy impress me.
Charging the account for isk storage, reducing the amount into nothingness eventually is as outrageous as declaring it void is.
Just under 1200b still in suspense accounts, and it looks like the majority of the recent api verifications all have their is in impending withdrawals.
Any news on using bleeped api to verify your account?
|
FlameWarrior
Gallente
Hall Of Flame
H Y E N A
|
Posted - 2009.12.06 12:29:00 -
[575]
i though there would be an reverse process where we can do our drawing again ~~ ~!~ but when will it be?
Yoyo !LOTTERY MAN IS HERE ! |
FlameWarrior
Gallente
Hall Of Flame
H Y E N A
|
Posted - 2009.12.06 12:38:00 -
[576]
i though there would be an reverse process where we can do our drawing again ~~ ~!~ but when will it be?
Yoyo !LOTTERY MAN IS HERE ! |
Moya81
|
Posted - 2009.12.16 17:15:00 -
[577]
Many months have passed and this is the master-plan presented to get EBANK back and running? Really?
|
Dasola
Minmatar
|
Posted - 2009.12.16 19:29:00 -
[578]
So bleep still not working on ebank? Even noob programmer would have coded it allready. Ebanks BoD care to explain us investors of bank what this holdup? And by the way is there even estimate timetable when bank expects to be back on its feet without scamming investors money? If you have some revenues then im sure you can estimate something.
|
Varo Jan
Caravanserai Consulting
|
Posted - 2009.12.16 19:49:00 -
[579]
Originally by: Dasola
And by the way is there even estimate timetable when bank expects to be back on its feet without scamming investors money? If you have some revenues then im sure you can estimate something.
14 years, based on their public financial statements.
|
Kalrand
Charles Ponzi School of Business
GoonSwarm
|
Posted - 2009.12.16 20:08:00 -
[580]
Originally by: Varo Jan
Originally by: Dasola
And by the way is there even estimate timetable when bank expects to be back on its feet without scamming investors money? If you have some revenues then im sure you can estimate something.
14 years, based on their public financial statements.
I think you're refering to my old estimates. If they really abscond with isk as people retire/quit/go on 6 month hiatus/whatever from the game, expect them to make ~20% in profit annual. With probably a 50+% one time bonus.
|
|
|
Kwint Sommer
Caldari
Deep Core Mining Inc.
|
Posted - 2009.12.16 20:10:00 -
[581]
Originally by: Varo Jan
Originally by: Dasola
And by the way is there even estimate timetable when bank expects to be back on its feet without scamming investors money? If you have some revenues then im sure you can estimate something.
14 years, based on their public financial statements.
Unless they pay all interest including that which ought to be accruing now they will not have recovered without scamming investors.
I've supported EBANK for a long time and in certain regards I still do but as a guy who has a few billion held hostage there it would be downright hypocritical of me to demand anything less than what I have from all my other investments: principle plus promised interest. I really want to make excuses for EBANK but if I'm going to look myself in the mirror I have to hold them to the same standard; you are knowingly defrauding your investors of promised interest and it is not okay. You need to pay the interest for the entirety of the time you've been holding people's ISK and if that means you fail then so be it. Better to be a failed business that pays out what it can and moves on than a corrupt business that scams its investors out of promised profits. I know you have the highest of goals but the road to hell is paved with good intentions. Either you pay every cent back or you default, you don't get to partially default and pretend you're still the good guys.
|
Varo Jan
Caravanserai Consulting
|
Posted - 2009.12.16 20:37:00 -
[582]
Originally by: Kalrand
Originally by: Varo Jan
Originally by: Dasola
And by the way is there even estimate timetable when bank expects to be back on its feet without scamming investors money? If you have some revenues then im sure you can estimate something.
14 years, based on their public financial statements.
I think you're refering to my old estimates. If they really abscond with isk as people retire/quit/go on 6 month hiatus/whatever from the game, expect them to make ~20% in profit annual. With probably a 50+% one time bonus.
Actually, they¦re my own estimates extrapolated from their numbers, and assuming the minimum 5% from ventures, which is all they¦re obligated to do. That¦s a conservative take.
The "optimistic" view is more akin to your other numbers - but they¦d be skinning investors to achieve that.
One caveat - they steadfastly refuse to divulge the size of the ventures or the profits they¦re making. Ventures are obligated to return at least 5% (on 88B), but their forecast continues to show zero return.
|
Kalrand
Charles Ponzi School of Business
GoonSwarm
|
Posted - 2009.12.16 21:11:00 -
[583]
Originally by: Varo Jan
Actually, they¦re my own estimates extrapolated from their numbers, and assuming the minimum 5% from ventures, which is all they¦re obligated to do. That¦s a conservative take.
The "optimistic" view is more akin to your other numbers - but they¦d be skinning investors to achieve that.
One caveat - they steadfastly refuse to divulge the size of the ventures or the profits they¦re making. Ventures are obligated to return at least 5% (on 88B), but their forecast continues to show zero return.
It's pretty obvious that we can't assume they're treating the isk in that bank as anything other than something for them to play with. The fact they "give back" 5% is just an accounting thing.
|
Dzil
Caldari
Deep Core Mining Inc.
|
Posted - 2009.12.16 22:43:00 -
[584]
Quote:
Better to be a failed business that pays out what it can and moves on than a corrupt business that scams its investors out of promised profits.
That's fair. I stand by they owe back not only principle+interest, but they should be held to pay back all investors and not just those providing API details. If they can prove someone has scammed the bank and based on that doesn't want to pay them back, that's reasonable. Putting the onus on the customer to prove they aren't a scammer should be a last resort only employed as the bank is shutdown.
Dzil's Corp Sales - 200m |
Gabriel Virtus
hirr
|
Posted - 2009.12.16 23:17:00 -
[585]
Originally by: Kwint Sommer
Unless they pay all interest including that which ought to be accruing now they will not have recovered without scamming investors.
Better to be a failed business that pays out what it can and moves on than a corrupt business that scams its investors out of promised profits.
Even if EBANK accomplished what they claim to accomplish, they would still only have done so through scamming investors. If you cancel any balances, you scam. If you do not pay back interest, you scam. The goal you all claim to accomplish is impossible through the current policies that you are advocating. Better a failed business, which can be forgiven, than a scam.
-GV
|
cosmoray
Bella Vista Holdings Corp
|
Posted - 2009.12.18 16:17:00 -
[586]
I have been deciding what to do about my EBANK account for the last month.
I decided to enter my limited API details as the lesser of the two evils.
I don't want EBANK to get away with wiping out account balances to repair the balance sheet.
I am all set up my 1.123M ISK is sitting in the sweep account
|
Dretzle Omega
Caldari
Caldari Navy Volunteer Task Force
|
Posted - 2009.12.18 16:34:00 -
[587]
Originally by: Gabriel Virtus
If you do not pay back interest, you scam.
Paying out to each account a portion of the ISK they are entitled to (that is, accounts would not be paid back in full, but weighted according to how much ISK their account is supposed to have) and not paying interest is a very bad and failed business. Not a scam.
It's a scam if they keep some ISK. Ricdic did that, at the very least. That part is scam.
Canceling out any balances as a way to correct their books is a scam.
|
Leneerra
Minmatar
Sebiestor tribe
|
Posted - 2009.12.18 17:47:00 -
[588]
seems they now only have a bit over 600b in assets, dropping to a 31.something% in coverage?
And still no word on when the bleeped api will be supported.
|
SetrakDark
Caldari
DarkCorp Technology and Finance
|
Posted - 2009.12.18 17:53:00 -
[589]
Originally by: Leneerra
seems they now only have a bit over 600b in assets, dropping to a 31.something% in coverage?
That's just API issues zeroing the liquid ISK, which was around 70b last time I checked.
|
Taram Caldar
Noir.
Noir. Mercenary Group
|
Posted - 2009.12.18 18:12:00 -
[590]
TBH I don't have a lot of sympathy for ebank investors.
There are 3 simple rules in eve investments
1) Never invest in an unknown without collateral and a full audit.
2) Never invest in a person who associates with scammers.
3) Never invest in a bank.
Violating any 1 of those three will generally cause you to lose isk. Been proven over and over again.
Want a sig made? Contact me in game. Click my sig to see samples |
|
|
YouGotRipped
Ewigkeit
|
Posted - 2009.12.18 18:47:00 -
[591]
Edited by: YouGotRipped on 18/12/2009 18:51:27
Originally by: Kwint Sommer
You need to pay the interest for the entirety of the time you've been holding people's ISK and if that means you fail then so be it.
Now, now, Kwint, let's not forget these guys are working their asses off to recover the isk your best buddy Ricdic RMTed for pocket change. That matter has been dealt with.
Ebank wasn't obliged to report a global debt (in fact it was a stupid thing to do in the first place) since there are a lot of account holders that haven't logged in in a while or have quit the game. Only debt towards active players should be outstanding.
Bottom line is the so called problem is not even a problem and the one responsible for suckering in so many of you has gone AWOL.
Black Sun Empire |
Marcus Baltar
|
Posted - 2009.12.18 23:24:00 -
[592]
From this post, dated 2009.12.05 16:43:00;
Originally by: Marcus Baltar
Currently;
EBANK holds 1,909,573,060,629 of depositor's funds.
16.53% : 315,842,705,865 ISK has been API verified.
19.67% : 375,781,189,199 ISK is inaccessible in locked "pending withdrawals".
63.78% : 1,217,949,165,565 ISK is waiting to be written off in "suspense account".
Now the figures are;
EBANK holds 1,907,151,971,679 of depositor's funds.
18.63% : 355,335,124,873 ISK has been API verified.
22.61% : 431,278,662,713 ISK is inaccessible in locked "pending withdrawals".
58.75% : 1,120,538,184,092 ISK is waiting to be written off in "suspense account".
2,421,088,950 ISK (1.26%) drop in depositor's funds.
39,492,419,008 ISK (12.5%) increase in API verified account funds.
55,497,473,517 ISK (14.76%) increase in funds inaccessible in locked "pending withdrawals".
97,410,981,473 ISK (7.99%) drop in funds waiting to be written off in "suspense account".
Note: Not all the funds locked in "pending withdrawals" are from API verified accounts, most are from unverified accounts. ("Some are, most aren't.")
Still awaiting information about BLEEP API's acceptability, removal of "pending withdrawals" and updating of EBANK's own public financials.
--
|
Leneerra
Minmatar
Sebiestor tribe
|
Posted - 2009.12.18 23:27:00 -
[593]
YGR, I disagree,
a Bank has an obligation to redeem the accound held with the bank regardless how long the person has been missing, as long as he can provide proof of his identity. Even if an accountholder has died the value in the account usually follows normal laws for inheritence.
In that light demanding corporation information is a good thing as in eve assets are usually inherited by the corporation the person is in on his final death.
Especially considering ebank was at one time profiled as an option for people that temporarely leave the game.
I suspect the majority of the suspended account holders do not even know ricdic stole money or is not even part of ebank anymore (asuming they still know they have extra isk in a bank in this game that was called ... eve right?).
But that does not invalidate their claim on the money regardless how inconvenent this may be to the current board of ebank.
I oppose ebank in their current choices. I refuse to give them direct acces to my api. Not because I want to hide my alt, they already know my alt. I simply refuse to give someone who does not keep his word access to anything.
If a bank does not keep its word then what is the use of the institute.
ebank still has not returned the isk deposited after the accounts were locked down even though Ray himself even has stated over 14 days ago that it should have been taken care of.
They have stated weeks ago they would implement the bleeped api as soon as possible.
But they do have time to appear on radio shows, explain in great detail the events around ricdics theft (again). But they pass on explaining things that in my mind are far more importand.
Why is it accepteble that a person that has stated he guarantees a loan is not kept to his word or at least asked to keep his word?
How come ebank seems to have a policy where they accept a loan as fully repayed if the principal is repayed, but not all the intrest?
In my opinion those issues pretty much explain all by themselves why ebank was not succesfull as a bank.
|
Varo Jan
Caravanserai Consulting
|
Posted - 2009.12.19 01:38:00 -
[594]
Originally by: Dzil
Quote:
Better to be a failed business that pays out what it can and moves on than a corrupt business that scams its investors out of promised profits.
That's fair. I stand by they owe back not only principle+interest, but they should be held to pay back all investors and not just those providing API details. If they can prove someone has scammed the bank and based on that doesn't want to pay them back, that's reasonable. Putting the onus on the customer to prove they aren't a scammer should be a last resort only employed as the bank is shutdown.
I agree in principle. However, the fact of the matter is that this business failed long ago. The emperor had no clothes. It did not fail because Ricdic scammed. It failed because past management was amazingly inept and had no clue how to run a business, how to assess risks, how to monitor costs, how to implement effective controls, andandand. It *is* quite possible that some milked the business knowingly.
So don¦t blame Ray for being unable to repay principle and interest. Blame him for not having the guts to take the right course of action - which is to close the business. Once confidence is lost, nothing will save a business. Blame him for behaving like an ostrich and hoping that time will solve his problems.
PS: What are you hiding in the ventures, Ray?
|
Zerixx
|
Posted - 2009.12.19 17:22:00 -
[595]
yeah guys why bother.......virtual money, virtual bank...just write it off.sorted |
Trukkalessa
|
Posted - 2009.12.20 10:15:00 -
[596]
I have just over 2b pending. If I could get 50% then you could write off the other 50% |
Taikun Brunel
Gallente
Gecko Enterprises
Teldar Paper
|
Posted - 2009.12.20 16:05:00 -
[597]
Originally by: Varo Jan
Originally by: Dzil
PS: What are you hiding in the ventures, Ray?
Why are you bothering to ask Ray questions? He doesn't post here anymore. Not sure he even plays EvE anymore now.
Taikun
|
Gabriel Virtus
hirr
|
Posted - 2009.12.21 09:09:00 -
[598]
EBANK is trying to use cheap parlor tricks to get the bank back on it's feet. Considering the state the bank is in and the actual money that is owed, even with the parlor tricks or blatant theivery as others like to call it, this will still take 1.23million years.
-GV
|
Riethe
Invictus Sovereignty
|
Posted - 2009.12.21 10:32:00 -
[599]
This is just beautiful. |
YouGotRipped
Ewigkeit
|
Posted - 2009.12.21 11:58:00 -
[600]
Edited by: YouGotRipped on 21/12/2009 12:00:04
Originally by: Riethe
This is just beautiful.
Hey Riethe, where have you been buddy?
Oh... you never left. 
Black Sun Empire |
|
|
|
|
| |
|
| Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 30 .. 35 :: one page |
| First page | Previous page | Next page | Last page |