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Taram Caldar
Royal Black Watch Highlanders
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Posted - 2010.04.13 12:05:00 -
[1]
 Originally by: OPX2
Originally by: Varo Jan
Your offering makes no sense whatsoever.
That apart, where's the audit and what collateral are you putting up to guarantee your bond? If the answer to either of those two questions is negative, go away. No, I am not being nasty. You will not raise funds from sensible investors with your unaudited, zero collateral current offering
This is a bond, not a share offer.
Doesn't matter. You are still asking for our money without offering collateral, an audit or any other guarantor of a return on investment.
Sorry... get an audit done
Get collateral locked down with a 3d party
Then come back and talk to us. Frankly your business plan is a disaster waiting to happen.
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Taram Caldar
Royal Black Watch Highlanders
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Posted - 2010.04.13 15:45:00 -
[2]
Originally by: OPX2
Originally by: Taram Caldar
Frankly your business plan is a disaster waiting to happen.
Again this is a WAR BOND, not your typical business venture. If you dont feel comfortable committing yet, just sit on the fence for a while. 
Again, you have no idea what you are talking about. And your offering is STILL garbage.
1) A "War Bond" is issued by a nation to people who think they're going to win the war.
2) War Bonds are clearly and easily identified as to what entity you are investing in.
3) The "War Bond" is a long term bond generally set to pay out AFTER the war is over.
4) War Bonds are guaranteed by a nation in some manner. You can have some faith that the nation will still exist and the bond will be honored regardless of the outcome of the war.
You are not offering a 'war bond'. You can call it whatever you want but it the way it is written you are asking for 3 separate short term loans each maturing in 5 days.
Thus:
You need to tell us how you plan to cut enough profit to pay 104% of face value in 5 days. You are a first time offering and, as such, need to provide far more transparency, in the form of a full audit of all your accounts and probably collateral as well.
It doesn't matter if you call it a national bond, a war bond or your infant's underpants. You still are asking for public funds. As such you're subject to our rules, not yours. Want our money? Then comply with our requests. Otherwise take your 'war bonds' and go find someone stupid enough to give a total stranger who won't even disclose which side of the war he's on isk up front with no guarantors of return.
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Taram Caldar
Royal Black Watch Highlanders
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Posted - 2010.04.13 16:34:00 -
[3]
Originally by: Mikael Genexi
To be fair, the OP does admit to it being a scam in his first post under Risks.
He tries to cover it up with some pseudo-sardonic wit but it is there for everyone to see.
I figure it probably is a scam. No reason not to bludgeon him over the head for putting together a shoddy offering though. People need to learn not to do these crappy offering posts somehow.
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Taram Caldar
Royal Black Watch Highlanders
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Posted - 2010.04.13 17:22:00 -
[4]
Originally by: Dzil
Originally by: Taram Caldar
I figure it probably is a scam. No reason not to bludgeon him over the head for putting together a shoddy offering though. People need to learn not to do these crappy offering posts somehow.
Funny, I read it as a parody/troll. What makes you think he's serious?
You're missing the point:
Whether he's serious or not it's a bad offering. I don't know if he's serious or if he's not. It could be a parody, it could be a serious offering trying to joke about the possibility of a scam or it could be an actual attempt to scam. I really don't care which it is. It's still poorly written, doesn't meet the criteria we, as a community, have established as 'necessary' for a proper offering. Thus we should critique it so that anyone new to the forum learn that sub standard offerings aren't going to be accepted by us.
Bottom line: No matter what it is. It's not a sufficient writeup for MD and is being critiqued by us as such. Takes no effort to write a few sentences so why not do it so that new folks don't get un-necessarily confused.
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