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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.12 06:33:00 -
[1]
- Public funding is usually the last resort since it's inefficient and requires more expensive controls than private.
I can see why you are trying to do that though, it's something I could do myself one day.
- 10B granularity is too high for the regular MD investor, 500M to 1B would be easier to get you filled.
- What I like less is that you are a "new" super-trusted-known-big-guy who offers to replace the one who just stole the bank but with no controls exactly like him.
Chribba keeping collateral? He did that also in a BB started thread about an investment and it was not sufficient to prevent the subsequent scam on the T4U IPO.
- As for %, you can probably ask for a stinking pittance, investors would probably flock all over again. - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.12 08:53:00 -
[2]
Edited by: Vaerah Vahrokha on 12/09/2010 08:54:31
Originally by: William Pierce
Originally by: Vaerah Vahrokha Chribba keeping collateral? He did that also in a BB started thread about an investment and it was not sufficient to prevent the subsequent scam on the T4U IPO.
1. Bad Bobby makes bond on behalf of HYDRA RELOADED 2. Chribba secures bond 3. Bad Bobby runs off with ISK from a totally unrelated bond 4. Chribba failed to prevent the T4U scam from happening, therefore he is not a good person to hold collateral(?)
From what I can tell, this is your logic. It makes no sense.
It makes more sense than making 10B in 2.5 years in EvE.
These are not "2B pay in 2 months" bonds, every single possibility has to be considered (and even then, it's often not good enough) beginning with the social engineering that flinging Chribba's name around can easily achieve.
If the UTU bond issuers don't like bad PR, they should have started their own bond, not push a "name" like BB (+Chribba name, sorry to have to put His Name in the same sentence where BB is mentioned) doing it to reap momentum just to later discard it when it was not the flycatcher name any longer.
- Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.12 17:40:00 -
[3]
Edited by: Vaerah Vahrokha on 12/09/2010 17:40:26
Quote:
The person who started the bond does not matter one bit, just like in this case
Yeah, I am going to start well secured RL bond. I'll hire as prospectus writer Mr. Bernie Madoff and NO ONE will flinch.
Quote:
F90OEX is offering to run a bond with a reasonable interest rate, that will be secured in full with ISK. Why is this so hard for people to accept? It's (assuming Chribba follows through) GUARANTEED ISK.
cat EvE | grep GUARANTEED
"No matches found"
(Actually it'll return "") - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.20 08:13:00 -
[4]
Quote:
I love the way people worry about other peoples Isk and there business.
To keep up with my fame of not getting intimidated by any godling's face:
1) Your prospectus looks worse than several 1-2B newbie investees.
2) It lacks of content and structure and details about the proponent.
3) It's deceptive and this should push every investor to hold their money for now:
Quote:
Full amount of the bond will be secured (Chribba) if he is interested.
Quote:
Again the INTENTION will be to have it secured
Quote:
If for whatever reason it is not I will not run it here.
The above are the perfect "hole" where a trusted Name is called, then exceptions are insinuated and an "workaround way" (if not, it will run *out* of here) is indicated.
4) Lack of need to do it, which is one of the main reasons people run the extra mile and go public as last resort.
5) Lack of any performance data nor interest rate.
6) Seen too many times attitude towards "Dear underlings, I graciously concede you my nectar".
7) Past State Raven affair shows something unclean happened. Also, it is a sign that the Investee has a price and therefore risks to fall in the huge number of "ready to pull the trigger and cash in at the right opportunity / reward ratio" mentality.
8) Bad climate to start the umpteenth mega-huge-Curzon-Dax alike venture. Poor choice of time? Or what?
MD does not need this kind of investment. They are poisonous and give the wrong example to proper newcomer Investees.
- Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.24 07:51:00 -
[5]
I randomly checked this thread and noticed my quite precise and numbered points were not addressed. They weren't typed in a particularly difficult nor inflammatory way but of course, an auditor does pinpointed straight questions.
As of now you have not justified why you vaunted credit, twice, with no proof.
- Operations involving a fraction of this turnover have presented detailed "GAAP compliant" accounting sheets.
- No proof of any compatible NAV has been provided.
- Unsubstantiated claim of prestige third party involvement in a crucial step of the operation, to entice deposits. Just to make an example, when done in RL this is a jail crime in my country.
Quote:
You seem to forget that the State Raven was Stolen and that 180bil was refunded to the buyer. I have handled over 1 Trillion in combined Isk and Prizes for just one of the many lotto's I have 3rd party for, never took 1 Isk, never asked for anything.
To debunk Grabriel Virtus suspects how my past being in IT-Alliance could bias my behavior: the State Raven iirc was stolen off the IT coffers, possibly off Sir Molle.
Now, the ship was stolen indeed but EvE's rules allow for stealing and scamming, whatever awful things they are. Therefore there was "nothing forbidden" at having done that crime. Therefore it was stolen but now in legitimate and EULA compatible possession of SFS.
Only at this point your service gets called into action. You unilaterally foregave neutrality and became roleplay judge. This could be commendable for justice's sake, but it's a BAD THING for a third party service aka the definition of being above the parts.
I know this too well, when I had to stick being neutral third party myself at holding intellectual Goonswarm asset while being in IT-Alliance myself. I was flamed and thrown all sorts of manure from every single avenue. But I hardened the face, because being NEUTRAL is the only way to be a trusted third party.
As someone else stated:
"Being Neutral means ignoring past discretions and being equal to both sides of the transaction. While he did not steal the isk from the intended future owner of the Raven, he did not remain neutral to SFS, and thus, has forfeited any future in the Neutrality business."
You have followed a stance not uncommon, even another quite important MD member stated he'd scam a scammer despite he's firmly against scams. But it's not proper neutrality and also goes against the neutral sandbox nature of the game. My simple rebuttal is: if you hate them, don't act like them.
Now, being good at social relations apparently was enough to have people forget this - but I'd personally have some issues at thinking I'd give out something of mine not knowing when the "roleplay judge" instinct could kick in and decide my stuff has to be confiscated. Yes they were damn thieves and deserved it, but it was not YOUR role to secure justice. You were coffer, not police. A coffer leaking out.
- Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.24 13:39:00 -
[6]
Quote:
What I can do is open a clean history account and deposit 5T-10T Isk, 10+ BPOs and other high end assets into it and have it fully audited, Will THAT make people happy ? Probably not. People are STILL going to wonder how I acquired it
Being fully audited and stuff overseen by someone like Grendell would be a long way towards establishing a trust partnership with investors. Actually being fully audited would not even tell a lot (I don't think I asked you to get an audit) because eve API would not cover anything about your contracts, would not cover more than a week of anything anyway.
But it's your interest - expecially if you want to "enter" the MD investors community - to try and understand (and make them understand) the true intentions.
Take i.e. SH recent thread: someone questioned him and he's going at great lengths to ask what people want in order to trust him. That very act of him attracts investors, they SEE he's doing all what is possible (in EvE limits) to tell them / show them all what's possible.
Quote:
IF Chribba took the 500bil, most of this would not be an issue, but I cannot force him.
You have to read in Chribba's words. I would not hold your stuff either, you put him in a position where he could get burned and he got his hands full of kindly given garbage already off recent events. Heck, you have yet to even tell a real reason why you are doing all of this! Public investments are universally known as the last resort, when you exhausted friends, alliance loans etc. then you go on MD and have to ask for public money and prove you are worth it. See why people are suspicious of someone that goes on the "last resort" place to basically shower people with money? It makes no sense to the average investor, it's your duty to inform them about why of this.
Quote:
Like I said, people seem to be mad over BB calling it a day and running off with the ISK, E-bank closing and few others close to failure. Look where all the audits, protections, checks and balances got them
Not one of them had an audit. Surprised, eh?
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.25 22:03:00 -
[7]
Quote:
I'd do what I stated above and what I WILL allow is You and some other respectable auditor on here
I suppose you know that around 27th of this month, a lot of auditing programs will stop working.
Therefore if you want a verification it should be done before that date. No character in corp is needed, but:
- Full API for a character holding the assets + wallet
- Trade window to show BPOs as authentic and 100B+ ships as being in your personal control.
If you are still up for the auditor thing, I am right here. - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.27 22:33:00 -
[8]
Quote: Just to clarify a few things.
I have not been contacted by F9 regarding my offer to secure or audit this offering
Same. - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.27 23:40:00 -
[9]
Originally by: F90OEX When the time is right cosmoray is still welcome to be given the API info and as for Vaerah Vahrokha, I will consider him, but do not know too much about this person.
I am a (actually the one ) active auditor. I have done audits and 3rd party collateral holding both on MD and privately for some in-alliance bonds. The former are all public and easily found for reference with a bit of eve-searching or even Googleing. - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.29 07:02:00 -
[10]
Quote:
Have a history of successfully completed transactions. 4. Have so much isk that you have little reason to scam. 5. Have so much isk that you have little reason to scam
I never understood the rationale behind this.
If a guy is poor but honest, he won't scam. If a guy is rich but dishonest, he will scam anyway.
If Bad Bobby could scam 100B again, would he refrain scamming just because he got 450B or whatever off the last scam? Don't think so.
- Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.29 08:23:00 -
[11]
Originally by: Nathan Jameson
Originally by: Vaerah Vahrokha If Bad Bobby could scam 100B again, would he refrain scamming just because he got 450B or whatever off the last scam? Don't think so.
BB has a certain amount of Goldfinger class to his act, however, and I'd think he'd hold off on cashing in again until he can top his previous stated figure of 850 bil. Anything less would seem like a complete waste of time.
While I agree with this, it was not my point. My point was: "why do people believe that being rich makes scamming / stealing unlikely?". My example was just one of many that would prove this belief as wrong. - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2010.09.29 10:02:00 -
[12]
Quote:
And I wasn't arguing against VV's point...
I wans not "arguing against" either.
I ask for English assistance: I think "arguing against" means disputing in an aggressive / offensive way? How does one write it like (in short form): "discussing with no intent to bite anyone, just talk about it and confront points of view"? - Auditing & consulting
When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
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