Pages: [1] 2 3 4 :: one page |
Author |
Thread Statistics | Show CCP posts - 0 post(s) |

Riethe
|
Posted - 2010.01.07 07:23:00 -
[1]
Hey folks.
I have an offering in the works that will likely be posted soon, within the next few days.
The plan is to launch a fixed rate bond for a month.
More specific details of the bond will be posted with the actual bond offering post. This post is to get an idea for what kind of interest there might be.
A few notes: The bond will be 100% secured under cosmoray. We've already spoke and he's agreed to this.
It will likely be a small bond, 1 billion ISK. (Though possibly larger down the road)
The returns are likely going to be something between 3-10% weekly. I haven't decided exactly how much I feel comfortable with quite yet.
The bond will run for at least a month. Buybacks being made available at that time.
Once again, secured through cosmoray, entirely.
Is there any investor interest here? Questions?
Fire away!
|

Llu
|
Posted - 2010.01.07 07:28:00 -
[2]
If Cosmoray confirms the lock down I'd be very interested in investing.
I do think that if you go 100% collateral secured by third party (i.e. Cosmoray) that 3 to 10% a week sounds high as offered interest as a loan would be around 6 to 8% monthly at 100% collateral which would raise the question of why going public and pay out more then a private loan would?
|

Mme Pinkerton
Caldari
|
Posted - 2010.01.07 07:35:00 -
[3]
Originally by: Llu why going public and pay out more then a private loan would?
he's paying for the publicity.
|

Riethe
|
Posted - 2010.01.07 07:35:00 -
[4]
Originally by: Llu If Cosmoray confirms the lock down I'd be very interested in investing.
I do think that if you go 100% collateral secured by third party (i.e. Cosmoray) that 3 to 10% a week sounds high as offered interest as a loan would be around 6 to 8% monthly at 100% collateral which would raise the question of why going public and pay out more then a private loan would?
This public offering does not come out of need to actually raise any ISK (that is not much of an issue for me), but rather to actually go through the steps to run an authentic business with real investors.
The only reason cosmoray is involved at all is because it is unlikely I can gather any interest without the security in place.
|

Rogueresearch
|
Posted - 2010.01.07 07:45:00 -
[5]
Presumably you will be revealing to the general public that you are an inveterate scammer and that your only interest in interacting with other players is to rob them?
It beggars belief that Cosmoray has agreed to become involved in this and appears to be yet another of his 'misjudgememts'
Presumably Riethe is aware of Cosmorays tendency to have lapses of judgement which is probably why he chose him as his unwitting accomplice for his latest scam.
The interest offered is 'something between 12% and 40% per month' These are classic ponzi scheme rates.
How will the scam work? Dunno yet but he will probably take 'private' unsecured investments once he's got the suckers in a feeding frenzy with his ridiculously high interest rates offered on his publically secured bond.
Again I will repeat that Cosmoray, by allowing Riethe to achieve some false veneer of respectability, is making an appalling error of judgement.
|

Barton Foley
|
Posted - 2010.01.07 07:46:00 -
[6]
Originally by: Riethe It will likely be a small bond, 1 billion ISK. (Though possibly larger down the road)
Lololol.
But for the life of me I can't figure out why Cosmo would secure this, or why Riethe would want to run (another) IPO.
|

Roguehalo
Caldari Kimoto Innovations
|
Posted - 2010.01.07 07:48:00 -
[7]
Originally by: Rogueresearch Presumably you will be revealing to the general public that you are an inveterate scammer and that your only interest in interacting with other players is to rob them?
It beggars belief that Cosmoray has agreed to become involved in this and appears to be yet another of his 'misjudgememts'
Presumably Riethe is aware of Cosmorays tendency to have lapses of judgement which is probably why he chose him as his unwitting accomplice for his latest scam.
The interest offered is 'something between 12% and 40% per month' These are classic ponzi scheme rates.
How will the scam work? Dunno yet but he will probably take 'private' unsecured investments once he's got the suckers in a feeding frenzy with his ridiculously high interest rates offered on his publically secured bond.
Again I will repeat that Cosmoray, by allowing Riethe to achieve some false veneer of respectability, is making an appalling error of judgement.
I'm not trying to hide behind my alt. Posted by Rogueresearch in error.
|

Riethe
|
Posted - 2010.01.07 07:51:00 -
[8]
Originally by: Rogueresearch Presumably you will be revealing to the general public that you are an inveterate scammer and that your only interest in interacting with other players is to rob them?
This is not something I will personally be appending to my offering post, as it is not really important. The entire bond will be secured, so it has no effect. I'm sure plenty of people will be posting to let everyone know.
Originally by: Rogueresearch
It beggars belief that Cosmoray has agreed to become involved in this and appears to be yet another of his 'misjudgememts'
cosmoray is profiting from it. It is not a personal thing, it is business. There's even the chance he will simply walk with my security and laugh in my face. I am taking much more risk than anyone else is.
Originally by: Rogueresearch
Presumably Riethe is aware of Cosmorays tendency to have lapses of judgement which is probably why he chose him as his unwitting accomplice for his latest scam.
The only thing I am aware of is that cosmoray tends to be a pretty decent individual, and does lots of loaning and securing type work.
Originally by: Rogueresearch The interest offered is 'something between 12% and 40% per month' These are classic ponzi scheme rates.
12% on 1 billion ISK is not unrealistic.
Originally by: Rogueresearch How will the scam work? Dunno yet but he will probably take 'private' unsecured investments once he's got the suckers in a feeding frenzy with his ridiculously high interest rates offered on his publically secured bond.
This is not a scam, there is no risk involved for anyone, except myself.
Originally by: Rogueresearch Again I will repeat that Cosmoray, by allowing Riethe to achieve some false veneer of respectability, is making an appalling error of judgement.
Verbal diarrhea.
EVE is a game where you get to be whatever you want. Good or bad.
It just so happens that right now I'd like to try running a bond--legitimately.
|

Compound Arbitrage
|
Posted - 2010.01.07 07:51:00 -
[9]
2b sent! Cosmary security is the best security!
|

Riethe
|
Posted - 2010.01.07 07:56:00 -
[10]
Originally by: Compound Arbitrage 2b sent! Cosmary security is the best security!
Just so no one gets the wrong idea here: Right now cosmo is not holding anything. Also, I'm not accepting any investments.
This is a preliminary post.
|

Varo Jan
Caravanserai Consulting
|
Posted - 2010.01.07 07:57:00 -
[11]
Originally by: Riethe This public offering does not come out of need to actually raise any ISK (that is not much of an issue for me), but rather to actually go through the steps to run an authentic business with real investors.
The only reason cosmoray is involved at all is because it is unlikely I can gather any interest without the security in place.
How can I put it nicely... I canŠt. Riethe, you are a scammer. That makes you a liar, someone with no integrity. IŠm amazed cosmoray would have anything to do with this.
Quote: It will likely be a small bond, 1 billion ISK. (Though possibly larger down the road)
Larger down the road? Yeah, right. You *are* taking the ****.
This is a bargepole offering - as in do not touch with a bargepole.
|

Roguehalo
Caldari Kimoto Innovations
|
Posted - 2010.01.07 07:59:00 -
[12]
Originally by: Riethe
It just so happens that right now I'd like to try running a bond--legitimately.
Riethe.......do you mind if I use a bit of 'street language'?
You wouldn't know what a 'legitimate bond' is if it jumped up and smacked you in the face 
However let's hear the 'legitimate' business plan....
Let's see a link to your skills etc
If you want to be 'legitimate' then at least go through the motions.
|

Dethmourne Silvermane
Gallente SRS Industries SRS.
|
Posted - 2010.01.07 07:59:00 -
[13]
I would be moderately interested in investing a small sum into this sort of venture. ---------------------------------
Ship Purchase Program
Killmail Service discontinued by request. |

Ray McCormack
Nordar Innovations.
|
Posted - 2010.01.07 08:03:00 -
[14]
Riethe, if Cosmoray bows under the pressure of the holier-than-thous I will secure the bond for you.
|

Leana Darkrider
Minmatar Creatio -ex- nihilo The Donkey Rollers
|
Posted - 2010.01.07 08:11:00 -
[15]
If this one is 100% secured by Cosmoray, I would like to invest in this ______________________________________ If only EVE could cook, if only.... |

Roguehalo
Caldari Kimoto Innovations
|
Posted - 2010.01.07 08:12:00 -
[16]
Originally by: Ray McCormack Riethe, if Cosmoray bows under the pressure of the holier-than-thous I will secure the bond for you.
hmm I doubt whether Rays involvement would actually reassure potential investors Or maybe Ray is operating under the delusion that he still has some rep left.
|

Katiana Swan
|
Posted - 2010.01.07 08:16:00 -
[17]
Whichever way you look at it someone is going to get scammed here.
|

Magnu Stormhawk
Stormhawk Enterprises
|
Posted - 2010.01.07 09:24:00 -
[18]
Collateral is collateral. If its not possible to lose out then there is no reason for cosmoray to not do this and no reason to not invest from a business perspective. Nobody is stupid enough to grant Riethe any trust for future uncollateralised offerings, just because he ran a collateralised bond, so I dont see the problem.
That is, assuming that this isn't total bullsh it anyway. There's a lot of speculation here before cosmoray has even confirmed anything.
|

Dalden V
Enigmatic Inventions
|
Posted - 2010.01.07 09:31:00 -
[19]
Originally by: Riethe
The bond will be 100% secured under cosmoray. We've already spoke and he's agreed to this. ... The returns are likely going to be something between 3-10% weekly ... The bond will run for at least a month. Buybacks being made available at that time.
Does the 100% security include the minimum projected return (3% weekly for a month) or does it only cover the invested portion?
|

Riethe
|
Posted - 2010.01.07 09:37:00 -
[20]
Originally by: Dalden V Does the 100% security include the minimum projected return (3% weekly for a month) or does it only cover the invested portion?
The security is only the initial investment.
|

Marcus Baltar
|
Posted - 2010.01.07 10:54:00 -
[21]
Another thread? 
Please see this one and this other one.
Pay special attention here.  --
|

Riethe
|
Posted - 2010.01.07 11:00:00 -
[22]
Originally by: Marcus Baltar Another thread? 
Please see this one and this other one.
Pay special attention here. 
I'm just wondering what any of that has to do with this?
These things are already known to any MD regular. This thread is about a bond offering being launched shortly that will be secured through a trusted individual.
Any on-topic questions or comments?
|

Kazuo Ishiguro
House of Marbles
|
Posted - 2010.01.07 11:15:00 -
[23]
If I remember correctly I'm still about 150m isk short of the capital I supplied for one of your previous ventures, a couple of years ago. I would like this sum to be counted as an investment towards your proposed bond, if it goes ahead. --- 34.4:1 mineral compression |

Steve Celeste
Caldari Overdogs
|
Posted - 2010.01.07 11:16:00 -
[24]
Will the new business venture involve passing off t1 cruisers as their navy counterparts?
Because if it does, you are not very good at it.
|

Riethe
|
Posted - 2010.01.07 11:20:00 -
[25]
Originally by: Steve Celeste Will the new business venture involve passing off t1 cruisers as their navy counterparts?
Because if it does, you are not very good at it.
Why would I need a billion ISK to buy a Caracal? You sure thought this one through.
Anything constructive or even relevant to the thread would be great.
|

YouGotRipped
Ewigkeit
|
Posted - 2010.01.07 12:41:00 -
[26]
Don't forget to post CHATLOGS. 
Black Sun Empire |

Jadun
|
Posted - 2010.01.07 12:46:00 -
[27]
Originally by: Riethe
Originally by: Steve Celeste Will the new business venture involve passing off t1 cruisers as their navy counterparts?
Because if it does, you are not very good at it.
Why would I need a billion ISK to buy a Caracal? You sure thought this one through.
Anything constructive or even relevant to the thread would be great.
biomass yourself and start fresh would be my advice. as far as for me your name is mudd. even trying to think about riethe runing a real ipo gives me a icecream headage.
|

Companion Qube
|
Posted - 2010.01.07 13:21:00 -
[28]
Originally by: Jadun
Originally by: Riethe
Originally by: Steve Celeste Will the new business venture involve passing off t1 cruisers as their navy counterparts?
Because if it does, you are not very good at it.
Why would I need a billion ISK to buy a Caracal? You sure thought this one through.
Anything constructive or even relevant to the thread would be great.
biomass yourself and start fresh would be my advice. as far as for me your name is mudd. even trying to think about riethe runing a real ipo gives me a icecream headage.
That's pretty hostile isn't it? I mean, fat chicks need lovin' too.
|

Jadun
|
Posted - 2010.01.07 13:28:00 -
[29]
Originally by: Companion Qube
Originally by: Jadun
Originally by: Riethe
Originally by: Steve Celeste Will the new business venture involve passing off t1 cruisers as their navy counterparts?
Because if it does, you are not very good at it.
Why would I need a billion ISK to buy a Caracal? You sure thought this one through.
Anything constructive or even relevant to the thread would be great.
biomass yourself and start fresh would be my advice. as far as for me your name is mudd. even trying to think about riethe runing a real ipo gives me a icecream headage.
That's pretty hostile isn't it? I mean, fat chicks need lovin' too.
yo ho
i mostly try to be constructive + relevant with my post on this forum. please excuse me if the post seems hostile it was meant to be good advice.
jadun
|

Implying Implications
Minmatar Broski Enterprises No Fun Allowed
|
Posted - 2010.01.07 13:33:00 -
[30]
id like 2 invest! 1b isk send
|
|
|
Pages: [1] 2 3 4 :: one page |
First page | Previous page | Next page | Last page |