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Thread Statistics | Show CCP posts - 3 post(s) |
cosmoray
Cosmoray Holdings Corp
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Posted - 2010.09.23 23:41:00 -
[1]
Edited by: cosmoray on 23/09/2010 23:43:07
Why can't you link pdf in thread.
No doubt you are seriously rich, rich enough to not require this bond.
This always make me wonder why you are trying to do this?
If this is to be charitable why don't you just give some away?
If it is not charitable it does not make business sense as you are putting 500B in collateral and paying 10% per month therefore reducing your returns.
Seems to good to be true!!
edit: you also state on first page, that if it does not get secured you won't run it. So why are you still trying to run the bond?
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cosmoray
Cosmoray Holdings Corp
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Posted - 2010.09.25 19:20:00 -
[2]
A few points I would like to make:
1. F9X is a well known person and has been trustworthy for 3rd part transactions.
2. On a business level this bond doesn't make sense. F9 doesn't need the cash so he is effectively paying close to 170B to get an extra 500B for 3 months and that is awfully difficult to turn a profit on after financing costs.
3. Due to the wierd status of the bond and recent issues with BB, F9's status/reputation is taking a big hit here.
4. As a piece of advice I would suggest that F9 makes ammends to repair the damage hit, through a basic audit to prove cash reserve.
5. This offering doesn't look like it has too many customers, so I would advise listing them here.
I am not saying I do not trust F9, but what I am saying that F9 should go through some measures to improve his credibility on this bond. The perception from this bond launch is bad, and even though the things are probably not going to happen, perception easily becomes reality and it will be difficult to work in the public domain with a bad cloud over you.
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cosmoray
Cosmoray Holdings Corp
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Posted - 2010.09.25 22:34:00 -
[3]
I have never actually done an audit, and at present I am away from the game and I have zero time at present.
My suggested auditors would be:
Vaerah Vahrokh or Grendell (he offered).
Both of those will not give any industrial secrets away, and will give an honest accounting.
Give them a shout.
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cosmoray
Cosmoray Holdings Corp
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Posted - 2010.09.30 15:47:00 -
[4]
I am free for a few days.
I am willing to take up F9's offer, and I am available to conduct an audit.
I will be able to calculate asset value, and see wallet balance.
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