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Thread Statistics | Show CCP posts - 1 post(s) |
Erialor Godsent
Gallente
Federal Navy Support Divison
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Posted - 2010.02.24 10:37:00 -
[31]
 Quote:
Missed Dividends
Should your swap occur after a dividend cycle(s), your right to those missed dividends will still exist and they will be paid out to you in full. If AATP, for whatever reason, is unable to meet this obligation immediately, they will be paid out of dividend funds at the next cycle. If this still cannot satisfy the payment of missed dividends, a loan will be obtained from one of the financial entities within EVE. Failure to obtain such a loan will lead to the liquidation of current and then fixed assets to accommodate this obligation.
òMissed dividends are still rightfully yours.
òThey will be paid out to you during the share swap process.
òShould AATP be unable to meet this obligation:
◦They will be paid from proceeds earmarked for distribution at the next cycle.
◦A loan will be obtained.
◦Assets will be liquidated.
Tbh I don't see the problem - should some AATP-shareholders return later to want to swap their shares they're entitled to any missed dividends...
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RAW23
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Posted - 2010.02.24 11:04:00 -
[32]
Edited by: RAW23 on 24/02/2010 11:12:12
Originally by: Erialor Godsent
Tbh I don't see the problem - should some AATP-shareholders return later to want to swap their shares they're entitled to any missed dividends...
Blatant cash grab predicated on the hope/assumption that they won't come back. And if they do, why should they have to jump through hoops to get the isk that should be sitting in their account waiting for them? Personally, I would pay not to have to interact with Ray  .
The other issue is that investors now assume an extra dose of uncompensated risk. What happens if AATP goes belly up? Not only will investors have lost their initial stake, they will also lose anything that Ray has held on to in the meantime. It's pretty simple - Ray is taking other people's money without their permission and using and risking it for his own profit. Nothing complex here, except the window dressing that is being used to deflect attention from this rather subtle scam.
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Marcus Baltar
Savaran Zhayedan Spah
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Posted - 2010.02.24 13:32:00 -
[33]
Originally by: Ray McCormack
RESX has returned all shares to depositors.
Confirming that I have received all the shares I had on RESX.
However I am still waiting on the return of all the ISK I had in RESX.
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Ray McCormack
Nordar Innovations.
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Posted - 2010.02.24 18:24:00 -
[34]
Originally by: Ray McCormack
3,191,107 shares swapped to date; 6,308,893 outstanding.
4,121,472 shares exchanged so far; 5,378,528 remaining.
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Kochino Dia
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Posted - 2010.02.28 23:13:00 -
[35]
Edited by: Kochino Dia on 28/02/2010 23:16:18
I got 10,000 share in the company please contact me for the swap process
jorive ( Tahino)
E-mail to "Tahino" for contact
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MindDragon
Caldari
Celtic Infusion Army
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Posted - 2010.05.08 17:04:00 -
[36]
I know this is an ancient topic but I just game back to game and I got the notice. Is this still active? I have shares.
MD
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This space for rent. |
Ray McCormack
Nordar Innovations.
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Posted - 2010.05.08 19:28:00 -
[37]
Originally by: MindDragon
I know this is an ancient topic but I just game back to game and I got the notice. Is this still active? I have shares.
It most definitely is, and will be forever. Please convo me to organise the exchange.
Originally by: RAW23
Edit - On reflection, scam is probably the wrong word as this isn't a con trick. Fraud seems more appropriate.
And yet you're still willing to invest at an exorbitant rate in a corporation committing so-called 'fraud'? Hypocrite.
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RAW23
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Posted - 2010.05.08 19:42:00 -
[38]
Originally by: Ray McCormack
Originally by: RAW23
Edit - On reflection, scam is probably the wrong word as this isn't a con trick. Fraud seems more appropriate.
And yet you're still willing to invest at an exorbitant rate in a corporation committing so-called 'fraud'? Hypocrite.
Yes - my massive stake worth 30000isk ...
Now, since this hypocrite is a shareholder, will you explain how you reached the goodwill valuation that appears on our books? I'd like to know if the assets of mine that you manage are correctly valued.
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Ray McCormack
Nordar Innovations.
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Posted - 2010.05.08 19:46:00 -
[39]
Originally by: RAW23
Now, since this hypocrite is a shareholder, will you explain how you reached the goodwill valuation that appears on our books? I'd like to know if the assets of mine that you manage are correctly valued.
And as explained before, since you're too ****ing dumb to notice the first time, this question has been asked and answered before. It's even linked in the latest announcement in a reply to a comment from your bum chum.
Can you see now?
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RAW23
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Posted - 2010.05.08 19:56:00 -
[40]
Originally by: Ray McCormack
Originally by: RAW23
Now, since this hypocrite is a shareholder, will you explain how you reached the goodwill valuation that appears on our books? I'd like to know if the assets of mine that you manage are correctly valued.
And as explained before, since you're too ****ing dumb to notice the first time, this question has been asked and answered before. It's even linked in the latest announcement in a reply to a comment from your bum chum.
Can you see now?
Thank you for finally replying to me in a way that answers my question (as opposed to that of my "bum chum" (homophobia issues / latency?)). It only took 6 or so weeks and the purchase of a share. How stupid of me to have not realised that "unrealised goodwill" means the value of a character! It's so ... so ... obvious?
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Ray McCormack
Nordar Innovations.
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Posted - 2010.05.08 20:00:00 -
[41]
Originally by: RAW23
It's so ... so ... obvious?
Of course not. But did you expect otherwise? The result is of your own making, it has nothing to do with you being a shareholder.
And yes, I do think you're a butt pirate. Nothing personal, just an opinion.
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RAW23
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Posted - 2010.05.08 20:16:00 -
[42]
Edited by: RAW23 on 08/05/2010 20:20:31
Originally by: Ray McCormack
Originally by: RAW23
It's so ... so ... obvious?
Of course not. But did you expect otherwise? The result is of your own making, it has nothing to do with you being a shareholder.
And yes, I do think you're a butt pirate. Nothing personal, just an opinion.
Of course the result is of my own making. I dared to ask a question of the mighty RAY! We, puny mortals that we are, should never question the RAY. For he is wrathful and will cast aspersions upon our sexuality. He tolerateth not the sin of homosexuality and useth it as an insult against those who do not weep and tremble in awe at his radiant presence. "Ten times", he sayeth, "shalt thou ask me. And ten times shall I turn my face from you, for you are not worthy of hearing my words, nay, nor of reading my posts. But on the Nth time of asking I shall show my mercy and lead you unto the answer, for the ways of thy Lord are strange and can be comprehended not by the profane."
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Mme Pinkerton
United Engineering Services
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Posted - 2010.05.08 20:23:00 -
[43]
Originally by: Ray McCormack
stuff
Dude, maybe you'd like to take a few steps back and think twice about the language you're using (and the worldview implied by it).
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Ray McCormack
Nordar Innovations.
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Posted - 2010.05.08 20:33:00 -
[44]
Originally by: Mme Pinkerton
I understand we are on the internetz but that's no excuse to utter discriminatory bull**** like your statements; I had hoped most civilized societies had gotten past that point for at least 40 years or so...
I don't know what PC gone crazy land you live in, but you don't think it possible that I myself might be a homosexual and that raw's comments about my latent homophobe nature might be accurate?
Anyway, you're clearly in need of some (butt) lovin'. Fhagg.
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CCP Shadow
C C P
C C P Alliance
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Posted - 2010.05.08 20:42:00 -
[45]
Off-topic posts dealing with sexual orientation have been removed. Please keep this discussion on-topic.
Thanks.
-- Shadow
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MindDragon
Caldari
Celtic Infusion Army
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Posted - 2010.05.09 06:50:00 -
[46]
Originally by: RAW23
Originally by: Ray McCormack
Originally by: RAW23
Edit - On reflection, scam is probably the wrong word as this isn't a con trick. Fraud seems more appropriate.
And yet you're still willing to invest at an exorbitant rate in a corporation committing so-called 'fraud'? Hypocrite.
Yes - my massive stake worth 30000isk ...
Now, since this hypocrite is a shareholder, will you explain how you reached the goodwill valuation that appears on our books? I'd like to know if the assets of mine that you manage are correctly valued.
I have no idea what is going on there. I'm still curious what happened to AATP over the years. I see by the parent post that past dividends will be reissued upon stock swap. I'd be curious to see what happens. As long as they do what they promised, I'm okay with it.
MD
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This space for rent. |
Power Sauce
Kenzzoku
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Posted - 2010.05.09 08:24:00 -
[47]
Originally by: MindDragon
I don't mind scams and fraud so long as I receive the isk.
Ricdic often said the same thing.
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Professor Leech
Transmetropolitan
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Posted - 2010.05.09 22:28:00 -
[48]
That's interesting; a post discussing Ray's fraud was deleted.
It appears that we are not allowed to discuss scamming by share swaps.
Originally by: Crawe DeRaven
this thread is obviously going places
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Ray McCormack
Nordar Innovations.
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Posted - 2010.05.10 05:36:00 -
[49]
Yeah, I also noticed that, not sure why it went missing; it honestly doesn't bother me, people are free to run their mouths off spilling their worthless opinions on the matter.
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Power Sauce
Kenzzoku
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Posted - 2010.05.10 09:48:00 -
[50]
Instead of trying to marginalise people's opinions; perhaps you could provide a discussion of why you keep increasing goodwill to bump up the supposed value of the shares.
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RAW23
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Posted - 2010.05.10 11:07:00 -
[51]
Originally by: Power Sauce
Edited by: Power Sauce on 10/05/2010 10:11:02
Instead of trying to marginalise people's opinions, perhaps you could provide a discussion of why you keep increasing goodwill to bump up the supposed value of the shares.
What happens to current investors when you decide to shut them out?
To be fair, Ray did answer the goodwill question, albeit indirectly and on the 9th or 10th time of asking (I think he just likes the attention tbh; can't think of any other reason for withholding such inconsequential information). Unfortunately, his answer, or his directions to an answer, were deleted along with his crassly homophobic schoolyard comments aimed at myself and Mme Pinkerton. Basically, for some completely obscure reason, he has decided to give the value of of a character owned by AATP as "Unrealised goodwill". And he ain't gonna change it just because it is grossly misleading and, in fact, just plain wrong. Because to correct an error would be to give in and Ray doesn't give in, even when he acknowledges the senselessness of his own decisions. That's how brave and determined our lad is!
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Ray McCormack
Nordar Innovations.
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Posted - 2010.05.10 16:42:00 -
[52]
Originally by: RAW23
I think he just likes the attention tbh;
And yet you're still here, giving it to me (hopefully in more ways than one). Who's the winner now? Yeah baby, you are!
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RAW23
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Posted - 2010.05.10 17:29:00 -
[53]
Edited by: RAW23 on 10/05/2010 17:29:14
Originally by: Ray McCormack
Originally by: RAW23
I think he just likes the attention tbh;
And yet you're still here, giving it to me (hopefully in more ways than one). Who's the winner now? Yeah baby, you are!
Consider it an act of charity, like visiting an old peoples' home or a burns ward. We both get to feel good.
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Ray McCormack
Nordar Innovations.
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Posted - 2010.05.10 17:40:00 -
[54]
Originally by: RAW23
Consider it
I'll consider it anyway you want me to, gorgeous.
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Power Sauce
Kenzzoku
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Posted - 2010.05.10 18:58:00 -
[55]
Goodwill is something you write off when you purchase a company. If the character was ever sold you'd acknowledge it as an extraordinary profit at the time. Especially when the character will never be sold and nor the shareholders realise the profit.
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Xylopia
Gallente
Center for Advanced Studies
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Posted - 2010.05.11 14:55:00 -
[56]
I have 100 AATP shares. ( Yes only 100. ) I want to swap them.
I've previously made contact to you, but never been responded. |
Ray McCormack
Nordar Innovations.
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Posted - 2010.05.11 15:07:00 -
[57]
Originally by: Xylopia
I've previously made contact to you, but never been responded.
You probably have CSPA charges enabled, and therefore would not have received a response from me. To initiate the transfer, simply start a conversation with me in-game.
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Hippopotamus Rex
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Posted - 2010.05.11 18:15:00 -
[58]
I have a question regarding the discussion on the ethical implications of withholding dividends.
I believe the points brought up by those who question this practice have merit, although personally, I'm not sure I'd call it fraud.
But I'm more interested in Ray's view of this.
Obviously you think withholding dividends is the best call, but do you recognize the increased risk taken on by those who do not receive dividends and think its acceptable/minimal or do you see no added risk at all?
i.e. Do you view this as the best possible solution or a perfect solution?
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Xylopia
Gallente
Center for Advanced Studies
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Posted - 2010.05.12 01:09:00 -
[59]
My bad. I've set my CSPA to 0. |
Ray McCormack
Nordar Innovations.
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Posted - 2010.05.12 05:32:00 -
[60]
Originally by: Hippopotamus Rex
i.e. Do you view this as the best possible solution or a perfect solution?
Depends, what problem do you think we're trying to solve?
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