| Pages: 1 2 3 [4] 5 6 7 8 9 10 11 12 13 .. 13 :: one page |
|
|
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Claire Voyant
   |
Posted - 2010.10.16 02:41:00 -
[91]
 Originally by: Block Ukx
Cash Reserve near 50 B mark.
I cannot find any information on this product. Other posts have implied that there is a market risk, but nowhere does it says what this fund is invested in. Seems like buying a pig in a poke to me. Does the fund manager have a track record? How much of the 50B represents insiders?
|
Block Ukx
Forge Laboratories
|
Posted - 2010.10.16 13:49:00 -
[92]
Originally by: Claire Voyant
I cannot find any information on this product. Other posts have implied that there is a market risk, but nowhere does it says what this fund is invested in. Seems like buying a pig in a poke to me. Does the fund manager have a track record? How much of the 50B represents insiders?
Cash Reserve Information
The Cash Reserve is similar to a savings account, currently paying 3% in interests. You can deposit or withdraw without any fees. The only restriction is that, while interest rates are compounded daily, interests are paid at the beginning of the preceding month. Money withdrawn looses its accumulated interest for that month.
I have Poison's API key and I have been tracking his progress. He has consistently achieved well over the required 3% interest. I will continue to monitor the Fund to make certain it remains profitable.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Claire Voyant
|
Posted - 2010.10.16 15:21:00 -
[93]
You have not answered any of my questions. Seems like someone trying to startup a bank would expect a little more scrutiny.
|
Ray McCormack
Nordar Innovations.
|
Posted - 2010.10.16 15:38:00 -
[94]
Originally by: Claire Voyant
You have not answered any of my questions.
He answered most of them.
|
Claire Voyant
|
Posted - 2010.10.16 16:04:00 -
[95]
I find it funny that just as Ray spoke up, I was finding this little blast from the past.
|
49473
Jita Trade and Research Institute
|
Posted - 2010.10.16 16:36:00 -
[96]
Originally by: 49473
Cash Reserve
This IPO/Bond receives a A credit rating. This investment is/has Upper medium grade and is Investment Grade.
A brief introduction of the credit rating system used for this rating can be found here IPOs/Bonds: Analysis and introduction to Credit Ratings, discussion of credit rating system can be found here Thread. Jita Trade and Research Institute shall not be responsible for any loss arising from any investment based on any recommendation, further disclaimer regarding any recommendations can be found in aforementioned document; including details of conflict of interest practices.
This investment has received a new credit rating; in light of updated information. The new credit rating can be found here
|
Ray McCormack
Nordar Innovations.
|
Posted - 2010.10.16 16:55:00 -
[97]
Originally by: Claire Voyant
I find it funny that just as Ray spoke up, I was finding this little blast from the past.
Your definition of funny must be different to the rest of ours. It's okay though, clearly you think you're special and insightful and what is life but one big illusion.
|
Poison
Forge Laboratories
|
Posted - 2010.10.16 17:24:00 -
[98]
Originally by: Claire Voyant
I find it funny that just as Ray spoke up, I was finding this little blast from the past.
Are you here to ask questions or just attempt to troll?
|
Claire Voyant
|
Posted - 2010.10.16 20:23:00 -
[99]
In post #67 Block implies that the Cash Reserves has a market risk:
Originally by: Block Ukx
I would like to point out that Poison's BSAC investment will not be used as a collateral to cover any operational loss. So, please don't assume that the ISK is secure in anyways.
Is it so unreasonable to ask what is that market risk? Or, to put it another way, under what conditions would depositors not get their money back?
I pointed out the old post because I thought it only fair to hold you and Block to the same standards you wanted to hold Ebank to. And I thought it was hilarious that Ray chose that moment to come to your defense. Excuse me if you don't like my sense of humor.
|
Block Ukx
Forge Laboratories
|
Posted - 2010.10.16 21:54:00 -
[100]
Originally by: Claire Voyant
You have not answered any of my questions.
Let me try again to answer your questions. I apologize for not giving you a full response.
Originally by: Claire Voyant
I cannot find any information on this product.
A description of the Cash Reserve can be found in this thread ([37], [39]) and in the Cash Reserve section of our website.
Originally by: Claire Voyant
Other posts have implied that there is a market risk, but nowhere does it says what this fund is invested in.
At present, 15% of the funds remain as ISK, the rest of the funds is vested in liquidable assets. The exact nature of the assets will not be revealed. The Fund is exposed mainly to asset value loss due to market volatility. The asset depreciation risk is mitigated by investing in various sectors of the market.
Originally by: Claire Voyant
Does the fund manager have a track record?
Poison joined BSAC in January 29, 2007, and it is currently the chairman of the Board of Directors. Part of BSACÆs success is due in part by his valuable contributions. He also successfully audited Proton PowerÆs Luck yourself into Isk. The venture was closed with a positive outcome to investors.
Originally by: Claire Voyant
How much of the 50B represents insiders?
Of the 50 B, about 24.75 B has been invested by the members of the Board of Directors.
Originally by: Claire Voyant
Seems like someone trying to startup a bank would expect a little more scrutiny.
The Cash Reserve may look like a Bank, but it isnÆt. It is more like a bond than a bank.
Originally by: Claire Voyant
In post #67 Block implies that the Cash Reserves has a market risk:
Originally by: Block Ukx
I would like to point out that Poison's BSAC investment will not be used as a collateral to cover any operational loss. So, please don't assume that the ISK is secure in anyways.
That statement was intended to highlight that there isnÆt any arrangement to liquidate PoisonÆs assets to recover losses. If the Cash Reserve proves unprofitable due to his losses, then it will either have to reduce interest rates or reduce its size.
Originally by: Claire Voyant
Is it so unreasonable to ask what is that market risk?
It is a very good question, but unfortunately there is no way for investors to asses that risk without me disclosing the FundÆs portfolio. The main risk is asset value loss due to price declines in the market.
Originally by: Claire Voyant
Or, to put it another way, under what conditions would depositors not get their money back? .
BSAC is committed to do its best to deliver withdraws promptly. However, BSAC has the right to cease an account and hold funds indefinitely if there is probable cause the account has been used illegally.
Originally by: Claire Voyant
I pointed out the old post because I thought it only fair to hold you and Block to the same standards you wanted to hold Ebank.
One thing I learned from that thread was that a major EBANK failure was due to improper record keeping. I have PoisonÆs API key and I do record all his transactions and keep backups of the data. I also make sure the reserve is profitable. So far I have been very impressed with PoisonÆs performance.
DonÆt hesitate to ask questions.
Regards,
Block Ukx
BSAC Mineral Market Manipulation (MinMa) Information Desk |
|
|
Poison
Forge Laboratories
|
Posted - 2010.10.17 03:54:00 -
[101]
Originally by: Claire Voyant
In post #67 Block implies that the Cash Reserves has a market risk:
Originally by: Block Ukx
I would like to point out that Poison's BSAC investment will not be used as a collateral to cover any operational loss. So, please don't assume that the ISK is secure in anyways.
Is it so unreasonable to ask what is that market risk? Or, to put it another way, under what conditions would depositors not get their money back?
I pointed out the old post because I thought it only fair to hold you and Block to the same standards you wanted to hold Ebank to. And I thought it was hilarious that Ray chose that moment to come to your defense. Excuse me if you don't like my sense of humor.
We have nothing aginst Ray at all and figured you just wanted to troll. Hope block has responded to all your questions.
|
Ray McCormack
Nordar Innovations.
|
Posted - 2010.10.17 08:00:00 -
[102]
Originally by: Claire Voyant
And I thought it was hilarious that Ray chose that moment to come to your defense.
It's awesome how you construe pointing out one party's mistake as defending the other.
|
Block Ukx
Forge Laboratories
|
Posted - 2010.10.19 23:44:00 -
[103]
As described earlier, the Cash Reserve has a variable interest rate policy. The interest rate for November will remain at 3.00%
BSAC Mineral Market Manipulation (MinMa) Information Desk |
BSAC MMM
EVE Mineral Reserve
|
Posted - 2010.10.20 20:29:00 -
[104]
New stocks welcome.
Main listing requirements are:
1) IPO plan posted in this forum
2) Positive feedback from MD community
3) CEO approved
BSAC MinMa Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.10.22 02:10:00 -
[105]
New short term bonds will be starting to appear this month.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.10.26 03:34:00 -
[106]
Trying to revive mineral futures. If interested in participating in futures please fill out the form:
Futures Form
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Vaerah Vahrokha
Minmatar
Vahrokh Consulting
|
Posted - 2010.10.26 07:26:00 -
[107]
Edited by: Vaerah Vahrokha on 26/10/2010 07:33:45
Originally by: Block Ukx
Trying to revive mineral futures. If interested in participating in futures please fill out the form:
Futures Form
I am interested but you did not put any isotopes in the sheet and that was the market I was interested in.
Also, minerals are in a perpetual run to lower value, are you going to introduce leverage to deal with it? Otherwise I only see an aborted futures market where everyone want to sell and no one wants to remain with overpriced contracts in his hands.
-
Auditing & consulting
When looking for investors, please read
http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
|
Block Ukx
Forge Laboratories
|
Posted - 2010.10.26 22:53:00 -
[108]
Originally by: Vaerah Vahrokha
I am interested but you did not put any isotopes in the sheet and that was the market I was interested in.
Isotopes are a good idea. Perhaps will be added later.
Originally by: Vaerah Vahrokha
Also, minerals are in a perpetual run to lower value, are you going to introduce leverage to deal with it? Otherwise I only see an aborted futures market where everyone want to sell and no one wants to remain with overpriced contracts in his hands.
Yes, there will be margin requirements to accept a contract.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Vaerah Vahrokha
Minmatar
Vahrokh Consulting
|
Posted - 2010.10.27 12:04:00 -
[109]
Originally by: Block Ukx
Originally by: Vaerah Vahrokha
Also, minerals are in a perpetual run to lower value, are you going to introduce leverage to deal with it? Otherwise I only see an aborted futures market where everyone want to sell and no one wants to remain with overpriced contracts in his hands.
Yes, there will be margin requirements to accept a contract.
I was asking about leverage (the only way to exploit fluctuations in an otherwise monotonous market) not just about margin.
-
Auditing & consulting
When looking for investors, please read
http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
|
Block Ukx
Forge Laboratories
|
Posted - 2010.10.27 19:27:00 -
[110]
Originally by: Vaerah Vahrokha
I was asking about leverage (the only way to exploit fluctuations in an otherwise monotonous market) not just about margin.
Leverage is inversly proportional to margin.
In the case of Futures, margin (M) will be the difference between the contract price (C) and the market price (P); M = ABS ( C û P ). Minimum margin will be 1% of contract price.
Leverage (L) is the ratio of the contract price and the margin; L = C /M.
As you can see, maximum leverage will be 100:1.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
|
|
Block Ukx
Forge Laboratories
|
Posted - 2010.10.29 20:46:00 -
[111]
Open an account with the Stock Exchange and invest Today!
BSAC Stock Exchange - The Place to Invest
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.03 20:07:00 -
[112]
October Financial Report
Please post your questions here.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.05 01:07:00 -
[113]
The Cash Reserve (CR) reached its liability limit and will not accept additional deposits until a new limit is approved. ISK deposited in the CR will continue to acumulate interests as usual. ISK can be withdrawn at any time.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.10 02:40:00 -
[114]
We are planning to increase the Cash Reserve liability from 50 B ISK to 100 B ISK.
Please post any questions, concerns, and/or criticisms.
Thanks is advanced.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.11 04:12:00 -
[115]
Expansion will take place in December.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.15 19:36:00 -
[116]
We are still alive!
Zydrine trading higher lately.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.16 02:52:00 -
[117]
BMBE made affordable by the Exchange!
For the first time, purchasing BMBE shares is less expensive due to the 1,000:1 stock split in the Exchange. While a single in-game BMBE share is currently valued at 115 M ISK, registered shares are priced near 115,000 ISK. Best of all, dividends are not affected by the stock split.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.18 04:12:00 -
[118]
BMBE shares instant hit!
The few shares placed for sale sold in less than a day. More shares coming soon.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.19 04:09:00 -
[119]
The Cash Reserve 50B Expansion will take place December 2nd.
BSAC Mineral Market Manipulation (MinMa) Information Desk |
Block Ukx
Forge Laboratories
|
Posted - 2010.11.20 17:59:00 -
[120]
More BMBE shares available for sale.
|
|
|
|
|
| |
|
| Pages: 1 2 3 [4] 5 6 7 8 9 10 11 12 13 .. 13 :: one page |
| First page | Previous page | Next page | Last page |