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Thread Statistics | Show CCP posts - 0 post(s) |
Hexxx
Minmatar
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Posted - 2010.06.16 21:12:00 -
[331]
 Originally by: Ray McCormack
But you do raise an interesting point, financials in EVE need to be presented in a much simpler format. While I accept they're a requirement for any business venture, I don't believe they need quite the effort that Varo has put in, nor the complications that arise from going into such detail as proposed by him and Hexxx.
I think the answer to this is going to be tools...not tools to pull API data and make simple charts, but tools that automatically produce much of the financial report AND point out to the person preparing the reports where manual adjustments may need to be made.
This isn't the first time I've said we need better accounting tools, and it's no secret I'm working on solving this challenge myself...there is a clear need I think and I encourage anyone crazy enough to try and take a shot at creating a solution.
That said....once we solve the problem, the second immediate problem is...how the hell do we read this stuff? What good is all this great reporting if the average investor can't make heads or tails of it?
That's the next challenge.  My initial thoughts are...agree and stick to a common format and a common reporting language. For example, OS is using FIFO as a method for calculating profit...I would put forward that all "next gen" financial reporting in MD uses this same method for measuring profit.
Projects Blog |
Varo Jan
Caravanserai Consulting
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Posted - 2010.06.20 23:42:00 -
[332]
I have accepted an offer from Grendell to refinance the secured bond (150B) and the unsecured bond (25B) at more favourable interest rates. Actions will be as follows:
1. On 30th June I will pay June interest to all secured and unsecured bond holders.
2. On 30th June Grendell will repay capital to all secured and unsecured bond holders.
3. Ji Sama will be released from his commitment to provide 25B in shares as collateral on the secured bond.
I'd like to thank all bond holders, past and current, for their faith in investing in what was my first bond offering. I'm very grateful to you.
My thanks also go to RAW23 and Ji for going the extra mile for me and sticking their necks out. :)
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Grendell
Technologies Unlimited
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Posted - 2010.06.20 23:47:00 -
[333]
Posting to confirm the above post.
Grendell
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Vaerah Vahrokha
Minmatar
Vahrokh Consulting
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Posted - 2010.06.21 07:02:00 -
[334]
Originally by: Varo Jan
I'd like to thank all bond holders, past and current, for their faith in investing in what was my first bond offering. I'm very grateful to you.
I'd add LOW in the credits roll. Investors "faith" has been heavily influenced by LOW credibility in his choosing you.
-
Auditing & consulting
When looking for investors, please read
http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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flakeys
DRAMA Inc
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Posted - 2010.06.21 07:22:00 -
[335]
Thanks for a verry good investment and good luck on your future with one stop varo.
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Varo Jan
Caravanserai Consulting
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Posted - 2010.06.21 07:35:00 -
[336]
Originally by: Vaerah Vahrokha
I'd add LOW in the credits roll. Investors "faith" has been heavily influenced by LOW credibility in his choosing you.
 This isn't the Oscars, and since when did you become a mind reader of 40+ investors?
Take it for what it was - a simple thank you.
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Varo Jan
Caravanserai Consulting
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Posted - 2010.06.21 07:46:00 -
[337]
Originally by: flakeys
Thanks for a verry good investment and good luck on your future with one stop varo.
You're very welcome, sir. You made the single largest reservation and subsequently increased it. I'm delighted it turned out well for you. If and when I raise a new offering, I hope you will still be interested in investing.
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Ji Sama
Caldari
Tash-Murkon Prime Industries
manufacturing disaster
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Posted - 2010.06.21 10:39:00 -
[338]
Thanks for the ride, it had been my pleasure.
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Krythas
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Posted - 2010.06.22 01:46:00 -
[339]
June interest payment received.
Congrats on the refinancing.
10/10 - would invest again.
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Varo Jan
Caravanserai Consulting
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Posted - 2010.06.22 01:52:00 -
[340]
Edited by: Varo Jan on 22/06/2010 01:56:05
It has been an exceptional month for One Stop. Sales so far exceed 15 billion, and there's still more than a week to go to month end.
So I decided to pay June interest on the secured and unsecured bonds early. That has just been done.
Please bear in mind that your capital will be returned to you by Grendell on 30th June.
Edit: Thanks, Krythas. :) Investors in the One Stop buyout bonds will certainly be given preference in any future offerings of mine.
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Grendell
Technologies Unlimited
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Posted - 2010.06.22 02:10:00 -
[341]
Originally by: Varo Jan
Edited by: Varo Jan on 22/06/2010 01:56:05
It has been an exceptional month for One Stop. Sales so far exceed 15 billion, and there's still more than a week to go to month end.
So I decided to pay June interest on the secured and unsecured bonds early. That has just been done.
Please bear in mind that your capital will be returned to you by Grendell on 30th June.
Edit: Thanks, Krythas. :) Investors in the One Stop buyout bonds will certainly be given preference in any future offerings of mine.
If you like I can proceed with the buyout early. Mail me the list in-game please.
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Transval
Minmatar
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Posted - 2010.06.22 06:20:00 -
[342]
Confirming receipt of monthly payment.
Well done Varo, it's been a pleasure doing business with you.
Good luck for the future and as an above poster said "10/10, would invest again."
Cheers!
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RaTTuS
BIG
Majesta Empire
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Posted - 2010.06.22 08:46:00 -
[343]
I got the June payments 
Cool and dandy
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Murixo
M. Corp
Daisho Syndicate
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Posted - 2010.06.22 09:35:00 -
[344]
Thanks very much Varo! You and LoW made me a lot of money off a small initial investment. But damn you for ending this ;) I need to find someone else to take the capital now!
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flakeys
DRAMA Inc
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Posted - 2010.06.22 11:11:00 -
[345]
And here i was thinking :'Damn i had a good sales daY ' when the login screen showed 1.5bille more then what i logged off too
Thanks for the ride again varo and also my thank goes to grendell.Both of you good luck wth the future of one stop.
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DrefsabZN
Caldari
Rage For Order
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Posted - 2010.06.22 12:16:00 -
[346]
Yup have to say im very pleased with how you guys ran things :) Its been a pleasure doing business with you, now just need to find something else to invest in :P
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Athena Tarsis
Minmatar
Kinda'Shujaa
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Posted - 2010.06.22 18:27:00 -
[347]
I know I was only a small investor here (2 bonds), but it was a good investment.
Hopefully I can find something similarly dependable soon!
--
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Grendell
Technologies Unlimited
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Posted - 2010.06.30 15:09:00 -
[348]
Just a reminder today I will be cashing bond holders out. It will be done this evening when I get home from work. Thank you for your patience.
Grendell ♥
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Grendell
Technologies Unlimited
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Posted - 2010.06.30 19:04:00 -
[349]
Buyout completed.
Grendell ♥
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DrefsabZN
Caldari
Rage For Order
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Posted - 2010.06.30 19:19:00 -
[350]
Confirming payment of 20,000,000,000.00 ISK thank you very much guys, pleasure doing business with you and I will be more than happy to invest in you guys again at a later date if needed.
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Athena Tarsis
Minmatar
Kinda'Shujaa
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Posted - 2010.07.01 01:10:00 -
[351]
Confirming payout of my capital investment of 1b ISK.
Thanks for the fun! I'd be happy to look at any future investment opportunities you guys cook up.
--
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Krythas
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Posted - 2010.07.01 04:35:00 -
[352]
Originally by: Athena Tarsis
Confirming payout of my capital investment
Thanks for the fun! I'd be happy to look at any future investment opportunities you guys cook up.
<aol>me too !</aol>
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Sturmwolke
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Posted - 2010.07.01 05:08:00 -
[353]
Confirming 1 bil returned. Good luck both.
I'll be happy to invest again if there are any future public offerings open. Thanks. |
Trader Hansen
Scord Resources
I Like Ponies Club
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Posted - 2010.07.01 07:48:00 -
[354]
15b received. Guess I'll have to start making my own ISK again. :(
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flakeys
DRAMA Inc
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Posted - 2010.07.01 18:22:00 -
[355]
Confirming receipt of investment and as said thanks a lot and i wish you the best on your future with one stop.
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Taigatoo
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Posted - 2010.07.01 22:15:00 -
[356]
Confirming reception of principal (2B ISK).
I must say that this whole bond has been managed exemplary well.
Would invest again.
-T.
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Transval
Minmatar
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Posted - 2010.07.02 04:11:00 -
[357]
Checking in to confirm receipt of initial investment in full.
Many thanks Varo, pleasure doing business with you.
All the best
Cheers!
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RaTTuS
BIG
Majesta Empire
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Posted - 2010.07.02 08:56:00 -
[358]
Capital investment received back Thanks
--
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Varo Jan
Caravanserai Consulting
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Posted - 2010.07.31 14:42:00 -
[359]
For the record, July interest on the secured and unsecured bonds has been paid to Grendell.
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