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Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 00:00:00 - [1] Chapter 1 - Summary of VAEFF and VAERT Chapter 2 - TLDR version Chapter 3 - Background Chapter 4 - Corporate governance Chapter 5 - Investment Strategy and Restrictions Chapter 6 - Statement of Assets Chapter 7 - Full Disclosure of Risks Chapter 8 - Disclosure of Main and involved alts Chapter 9 - Exit Strategy Chapter 10 - FAQ Chapter 1 - Summary of VAEFF and VAERT The concept is based on the creation of a charity fund able to accrue ISK in a slow and painless way and - when a RL emergency happens, convert such ISK into a RL money donation by means of CCP. Since this is going to be an initiative going beyond the virtual reality of the game, great care has been put in attempting to structure and execute the plan correctly. On top of the fund sits a charity corporation made for the task. The charity will act as custodian of the fund and other assets it receives. Other concepts being introduced here are provisions both to foster sister initiatives and to delegate fund assets to third parties. Chapter 2 - TLDR version 1) A donation fund has been created. 2) It accumulates assets and money until some RL disaster happens and CCP starts the next "PLEX for <insert here beneficiary>". 3) The fund converts everything into PLEXes and sends them to CCP for this campaign. 4) Various forms of donation have been provided, the most direct consists in sending 10M or more value in: - ISK to Vahrokh Financial Technologies with clause: MRVAHFTFF016 P01=0 Charity donation - Contract items (preferred: unresearched BPOs, skillbooks and PLEXes) to: VahrokhÆs Emergencies Relief Trust 5) It's also very easy and secure (no money is sent to anyone) to join the Sister Organization initiative. You declare a portion of your stuff / money as being reserved for CCP PLEX initiatives and manage it. You just send VahrokhÆs Emergencies Relief Trust a monthly statement about how much you accumulated so far. Chapter 3 - Background This is the charity fund whose foundation ideas were presented on a discussion thread located here. It started with a petition made to a GM (copy available) asking whether CCP's PLEX aid for Haiti was a "one shot" initiative or if more of such emergency relief campaigns would happen again (in case of disasters of course). Since the reply was positive, I decided to make my little contribution to the good of the less fortunate. Therefore my finance and securities plans execution corporation Vahrokh Financial Technologies [VAHFT], on the 2nd of January 2011 issued the fund, with code MRVAHFTFF016, "Vahrokh's Ethical Fund of Funds" (VAEFF). A custodian corporation has been created as well, VahrokhÆs Emergencies Relief Trust [VAERT]. Business objectives of VAERT are to: - keep and manage the fund, - keep possible donations in assets, - foster and keep a book of possible sister initiatives, - periodically report about the progress. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 00:02:00 - [2] Both the fund and VAERT have their own web pages and documents as follows: VahrokhÆs Emergencies Relief Trust [VAERT] Main page: Link Certificate of Incorporation: Link Articles of Incorporation: Link Bylaws: Link VahrokhÆs Ethical Fund of Funds [MRVAHFTFF016] Main page: Link Prospectus: Link For transparecy's sake, part or whole of these document will be posted on the EvE forum if requested. Chapter 4 - Corporate governance In its initial phase, VAERT is a one man (CEO) operation. It may indefinitely stay like that but the Articles of Incorporation and the Bylaws have provision for scaling the operation up and implement a Board of Directors (BoD), Officers and even committees. Regardless of governance chosen, the CEO is a "super director" here. She will remain the only in game corporation member, she will always have the last word and tenure on the MRVAHFTFF016 fund (not in case of aggregate funds). She is also the only keeper of MRVAHFTFF016's assets of any kind. These quite strict measures are needed because MRVAHFTFF016 survival and integrity is priority over every other consideration bar CEO's early demise. In short, no one will have withdrawing rights on VAERT's MRVAHFTFF016 fund wallet or assets except the CEO. A Board of Directors would vote about directors and officers rights on assets and liquids acquired off third parties (i.e. Third Party asset holder solution, as long as the donor accepts the BoD claims). The BoD will also vote about their wage (if any; the CEO waives any wage) internal and external auditing and reporting procedures. Chapter 5 - Investment Strategy and Restrictions The following is a brief listing of relevant strategies and restrictions. For the full and official list please refer to the Articles of Incorporation, Bylaws and fund prospectus. 1) Money and assets get in and ideally never gets out until the next CCP emergency relief campaign. 2) The at the CCP campaign announcement, MRVAHFTFF016 fund's assets are liquidated and the resulting capital all converted into PLEXes to send to CCP. 3) Sister operations will have to do the same. Failure at doing so within one week of CCP's campaing start, for whatsoever reason, will constitute breach of agreement. They will be delisted from the sister organizations list and considered in default or fraud. It's possible to have withdrawals, due to rental fees, broker contract fees and similar. The BoD, if any, will have powers to decide on assets and funds that have not credited to MRVAHFTFF016 yet. Possible ways to donate are: 1) Deposit of cash (ISK) as per the fund prospectus instructions located at Link: For anonymous donations, itÆs possible to address them to: Vahrokh Financial Technologies with clause: MRVAHFTFF016 P01=0 Charity donation For public donations, itÆs possible to address them to: Vahrokh Financial Technologies with clause: MRVAHFTFF016 P01=1 Charity donation - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 00:04:00 - [3] 2) Contract assets of 10M (ten millions) or above in value to: VahrokhÆs Emergencies Relief Trust (not to Vahrokh Financial Technologies). Any high security system will do, though main trade hubs are preferred. 3) Aggregate funds of whatsoever origin will send their contribution as they feel fit. Vahrokh corporations will perform at their best to produce a monthly donation. 4) Collaborating sister corporations or funds donÆt need to send anything except a monthly sister fund NAV statement, inclusive of physical and financial assets. 5) ItÆs possible to perform a special secured form of donation (i.e. have Chribba hold the donations). A Trusted Third Party Service would hold donated capital and assets and basically act as a sister organization. For more information please refer to the fund prospectus. Chapter 6 - Statement of assets 2011 Balance sheet Chapter 7 - Full Disclosure of Risks Risk of scam: no one in EvE may produce proof that he won't scam. Therefore I won't attempt any excuse nor the "cashing in rep" jolly. I'll only point out at the following facts: Money spent on setting up a commercial hosting, domain name. One and half month spent preparing a web site and researching dozens of documents. Other hours spent at researching and implementing NEISIN codes. All of this, to start with below 1 billion capital, with no real expectation of anyone supporting the initiative. Risk of default or critical loss: no one but me may touch the MRVAHFTFF016 capital or assets. No one but the third party Sister Operations managers have access on their own accrued capital and assets. Risk of partial loss: in case a BoD is formed, the directors might have access to (consented to by donors) capital and assets. Some BoD security hole or complacency could lead to a loss of those assets. Risk of war declaration: no one in the involved corporations ever needs to leave their station. Risk of CEO (me) death or incapacitation: this would lead to total loss of MRVAHFTFF016. No one I know IRL is even able to comprehend what this is about. Third party, secured donations and Sister Operations would be safe and would follow the procedure indicated in the Articles of Incorporation, Article XII sections (1) and (2). Chapter 8 - Disclosure of Main and involved alts Vahrokh Consulting [VAHCO] => Vaerah Vahrokha, CEO, main character (not directly involved in the initiative). Role: invents stuff. Vahrokh Financial Technologies [VAHFT] => Beatrix Adams, CEO. Role: executes the invented stuff. VahrokhÆs Emergencies Relief Trust [VAERT] => Ishkahunta, CEO. Custodian of the fund. Vahrokh's EvE Mercantile Exchange [VEMEX] => VEMEX Monica, CEO. Registrar, administration, securities trading. Nota Bene Don't send anything to the characters. Send to the corporations. For any inquiry, information, clarification always contact Vaerah Vahrokha. Chapter 9 - Exit Strategy Please refer to the Articles of Incorporation Article XII sections (1) and (2) and the prospectus, section "Exit strategies". - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 00:07:00 - [4] Chapter 10 - FAQ (inspired - to say the least - by Machete Visor's prospectus) Q: How do I know this isn't a scam? A: Please refer to Chapter 7, Risk of scam. Q: How do you know you'll be successful? A: It cannot be unsuccesful since there'll be at least one involved donor. If others decide to join up, it's all for the better. Q: Why are you doing this? A: Because I don't go with the herd, because EvE is a sandbox where someone may even decide to break the heavily suggested "ruthless tyrant / scammer / douche / harasser" scheme. Q: Do you intend to have an audit done at some point? A: Yes. Maybe once it has something beyond 3-4 API initial funding entries to show. Q: When will the fund end? A: no set date has been decided as of now. Q: What if someone War Decs the fund? A: No involved character needs to ever leave a station. Q: Will the fund raise more capital in the future? A: it is supposed to slowly increase as more donations are made. Q: Can shares be traded? A: VAERT is a corporation that does not issue any shares. Q: What if I wanted to invest and actually make money out of it? A: there are three other funds, two of them are active but still not ready for public access. Due to RL interference, this is not going to change in the short term. Q: Could you explain about the Sister Operations A: Basically I don't care to hold your ISK (sounds odd here and in EvE in general, doesn't it?). Imagine this is a sort of franchising. I setup the infrastructure, the ruleset etc. etc., you put some money in a separate wallet and YOU hold it. Maximum safety. You are just bound to send me regular NAV statements because the Sister Operation will be a (separate) voice of the main fund balance. When the time comes and CCP starts an emergency relief campaign, you are bound to convert whatever you gathered (suggested minimum of 500M) into PLEXes and to deliver those PLEXes to CCP. Then you post a screenshot of the act of sending the PLEXes to CCP. There's no way you may lose money to fraud in this way. Q: Could you explain about the secure Third Party Holder donations? A: Do you trust Chribba / Grendell etc. more than me? Good. Talk them into one way holding of whatever you want to donate (i.e. no return of money or assets to you). Once an emergency happens and CCP starts the related PLEX initiative, have him convert it all into PLEXes, send them to CCP and post a screenshot of the act of sending the PLEXes. There are three differences between this and the above (Sister Operations): - the donation will be effectively considered credited to the main fund. - Both you and the Third Party Holder have to produce a joint forum post stating generalities of the donation and how it's one way. - Both you and the Third Party Holder have to produce a joint forum post stating that in case you stop paying the Third Party Holder fee, he will automatically forward and contract the full donation to VAERT. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Cyniac Gallente Twilight Star Rangers	Posted - 2011.02.08 00:09:00 - [5] For now best of luck with this initiative. I need to discuss internally the setup of a sister fund.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 00:12:00 - [6] Public Donors list: 1 PLEX Torain (indirect donation) - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Misty McGinnity	Posted - 2011.02.08 02:15:00 - [7] Originally by: Vaerah Vahrokha Wall of text You do realise this is an online game right?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 08:18:00 - [8] Originally by: Misty McGinnity Originally by: Vaerah Vahrokha Wall of text You do realise this is an online game right? What part of "Chapter 2 - TLDR version" was too long or hard? - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.08 08:30:00 - [9] Originally by: Vaerah Vahrokha Originally by: Misty McGinnity Originally by: Vaerah Vahrokha Wall of text You do realise this is an online game right? What part of "Chapter 2 - TLDR version" was too long or hard? The fact that your tl;dr is called a "chapter" should tell you something is off here.
Barbicane TGUN Industries	Posted - 2011.02.08 09:01:00 - [10] Very interesting. Bookmarked for further reading.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 10:39:00 - [11] Edited by: Vaerah Vahrokha on 08/02/2011 10:44:16 Originally by: Kalrand The fact that your tl;dr is called a "chapter" should tell you something is off here. This is not a regular MD investment. There have not ever been another like this before AFAIK. - This is a charity and it'll have to stand for a lot of time and be solid for it. - This is as real as it can get. There's even a component of real money "trading" even if it'll be CCP to perform it. - CCP will perform a real financial operation where real money will be involved. The fund structure has been made as realistic as possible as a consequence. - In case this thing will go beyond me, there's provision for scaling up. - It's also the first operation where money gathering would be spread across multiple independent people, to minimize risks. All of this has a price in complexity. But, as very, very short TLDR that would make happy even the most casual reader: A charity organization has born, to help the unfortunate during "CCP PLEX for [Population]" initiatives. Send ISK to Vahrokh Financial Technologies with MRVAHFTFF016 P01=0 Charity donation as reason. Finally: this prospects has the same chapters and general length of others posted in the past (i.e. Machete Visor), I don't recall anyone complaining at them. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Samroski Games Inc.	Posted - 2011.02.08 12:02:00 - [12] I think this is a great idea. I am all for the ability to donate to charity using ISK. Gives me a good feeling about spending so much time paying Eve and making ISK :) Eve radio and some others took in small donations during the last charity drive, and I am all for being able to donate amounts smaller than a PLEX. Every little bit counts. I initially pledge 500m towards this charity- though I am not yet sure whether I want to manage it myself or give it to the fund. Best of luck.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 12:41:00 - [13] Originally by: Samroski I think this is a great idea. I am all for the ability to donate to charity using ISK. Gives me a good feeling about spending so much time paying Eve and making ISK :) Eve radio and some others took in small donations during the last charity drive, and I am all for being able to donate amounts smaller than a PLEX. Every little bit counts. I initially pledge 500m towards this charity- though I am not yet sure whether I want to manage it myself or give it to the fund. Best of luck. I am going to see if Chribba or Grendell could hold the donations. I really want for anyone to feel comfortable with this initiative. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Arcy Dorei	Posted - 2011.02.08 12:50:00 - [14] Good luck VV! This is a great idea, you'll get people criticising anything in EVE so don't worry so much .. this is WORTH DOING. To anyone reading I have an IPO with 500 shares set aside for this, VV is not alone in wanting to do it. First dividend was today so there is an isk pool building up already. I encourage anyone who can to set aside a little of their profit each month for this fund. What are you going to lose, a few internet pixel isks? :)
Samroski Games Inc.	Posted - 2011.02.08 13:00:00 - [15] Originally by: Vaerah Vahrokha I am going to see if Chribba or Grendell could hold the donations. I really want for anyone to feel comfortable with this initiative. It is the possibility of you dying that bothers me a bit. There is no time limit, and no back up plan in case of your demise. Potentially the fund will accumulate tens (if not 100s) of billions- and I do not want charity going to waste. I may be willing to take a risk with an in-game/forum investment, as that is part of the game, but I want to ensure that what I give to charity goes to charity.
Caldariftw123	Posted - 2011.02.08 13:15:00 - [16] Edited by: Caldariftw123 on 08/02/2011 13:15:57 Originally by: Samroski Originally by: Vaerah Vahrokha I am going to see if Chribba or Grendell could hold the donations. I really want for anyone to feel comfortable with this initiative. It is the possibility of you dying that bothers me a bit. There is no time limit, and no back up plan in case of your demise. Potentially the fund will accumulate tens (if not 100s) of billions- and I do not want charity going to waste. I may be willing to take a risk with an in-game/forum investment, as that is part of the game, but I want to ensure that what I give to charity goes to charity. ^^^ The possibility of VV dying is probably about the same as if Chribba or Grendell died. It's not that high, don't worry about it .. a plex-for-aid fund will come about before long. If the investment was 'secured' somewhere else don't forget this would stop the fund from being able to grow through utilizing it's capital and would be forced to rely entirely on donations. Those donations will be few and far between I imagine. Manage a fund yourself, if you feel like you can be more certain the isk will actually reach those that need it. Personally I think VV is trusted enough, especially with something like this at least as much as you could trust Chribba.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 13:30:00 - [17] Edited by: Vaerah Vahrokha on 08/02/2011 13:31:32 Originally by: Arcy Dorei Good luck VV! This is a great idea, you'll get people criticising anything in EVE so don't worry so much .. this is WORTH DOING. First of all, thank you for the support and commitment! I modified the donors and sister donations list to account for the new amounts: Link. Originally by: Samroski It is the possibility of you dying that bothers me a bit. There is no time limit, and no back up plan in case of your demise. It also bothers me, and a lot. It's why I suggested to structure this fund as "e-Mule" alike, i.e. peer to peer. No trust issues and if I die every peer money is safe. I understand some will prefer to have someone take on the task of micromanaging the accounting etc. so I am going to accept 3rd party donations. We'll see if they become so much that it becomes worrysome. In that case I'll find someone trusted enough to keep them. Originally by: Caldariftw123 If the investment was 'secured' somewhere else don't forget this would stop the fund from being able to grow through utilizing it's capital and would be forced to rely entirely on donations. It's already entirely based on donations. I am NOT going to EVER touch a single ISK of it unless it's pursuant to the Articles of Incorporation (read: to pay office fees (currently = 0), BoD wages (currently = 0)). The senior fund MRVAHFTFF016 is filled in by donations off two other funds of mine and 3rd party donations only. Quote: Personally I think VV is trusted enough, especially with something like this at least as much as you could trust Chribba. I am humbled by such statement. I will try my best to keep up with it. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Samroski Games Inc.	Posted - 2011.02.08 14:40:00 - [18] Originally by: Caldariftw123 Manage a fund yourself, if you feel like you can be more certain the isk will actually reach those that need it. Personally I think VV is trusted enough, especially with something like this at least as much as you could trust Chribba. I would have concerns about anyone (3rd party) dying when it comes to charity. I have no trust issues with VV, but I agree that managing a fund myself is the best option. This is what I'm thinking: Invest 500m on behalf of the charity using a separate wallet division. Keep re-investing indefinitely. When the need arises, all cash gets donated to the fund, ensuring a NAV of at least 500m. Could even use an alt for this to keep things more organized (but unlikely). I could report on this periodically, but the way I operate a regular monthly report would not be possible.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.08 16:02:00 - [19] Originally by: Samroski Originally by: Caldariftw123 Manage a fund yourself, if you feel like you can be more certain the isk will actually reach those that need it. Personally I think VV is trusted enough, especially with something like this at least as much as you could trust Chribba. I would have concerns about anyone (3rd party) dying when it comes to charity. I have no trust issues with VV, but I agree that managing a fund myself is the best option. This is what I'm thinking: Invest 500m on behalf of the charity using a separate wallet division. Keep re-investing indefinitely. When the need arises, all cash gets donated to the fund, ensuring a NAV of at least 500m. Could even use an alt for this to keep things more organized (but unlikely). I could report on this periodically, but the way I operate a regular monthly report would not be possible. I know detractors have criticized me a lot but I suggest you eve mail me and get a NEISIN. In fact I introduced that thing exactly to orderly manage what could happen if multiple people join aggregate investments like this. If you don't feel like creating code for your fund by yourself, I'll do that for you. Just eve mail me: - That you agree to join as a sister fund. You will just need to eve mail your current fund amounts (aka NAV). It's not important you do it like a Swiss clock, monthly would be best but if you can't, no biggie. - The empire you issue it under (IE Caldari State etc) - The ticker of the corp issuing it. If the alt does not have it, send yours. I will include your 500M in the outstanding funds (see Arcy Dorei's sister fund example) and have it in next month's balance. You have to do nothing else past that (on the forum), just keep me updated when you can, as I have written above. Oh, and if you go ahead, thank you! - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Lando Antilles	Posted - 2011.02.08 22:36:00 - [20] I think this an awesome idea! I'm in the process of writing up an IPO and want to include your fund as a regular charitable contribution. But, like the others have mentioned, the untimely demise/incapacitation of VV is a potential detractor. I've thought of a potential workaround... Since CCP made it clear that scamming in relation to a relief fundraiser was a big no-no and would result in consequences, could we ask CCP to intervene here? Since VV claims that the sole purpose of this fund is for charitable donation, then CCP should be concerned with it too, right? Perhaps VV could ask CCP (and we get confirmation here) that if the account in question were to go inactive for a specified period of time, then the assests would be liquidated and the proceeds converted to PLEX > $$ and donated to the next charity event? I don't think that's too much to ask of CCP, is it? And if they are willing to do this and VV isn't, then I would be willing to step up. Though, I don't really have the MD cred to make it work. Once again, I applaud this idea and look forward to helping out.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.09 01:16:00 - [21] Quote: Perhaps VV could ask CCP (and we get confirmation here) that if the account in question were to go inactive for a specified period of time, then the assests would be liquidated and the proceeds converted to PLEX > $$ and donated to the next charity event? I really wish this was possible. Keeping any "extraneous" money makes just my accounting harder plus it's indeed subject to my demise's risk. I pondered to post about your very idea in Assembly Hall earlier today but I did not proceed because some would surely accuse me of making self advertisment or "grind rep" with that. If you want to do so, feel free. I actually don't know why CCP lets people send PLEX to their special character only during their campaign and not every time (and accumulate in there). - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
AtheistOfFail Caldari	Posted - 2011.02.09 03:49:00 - [22] Originally by: Vaerah Vahrokha Quote: Perhaps VV could ask CCP (and we get confirmation here) that if the account in question were to go inactive for a specified period of time, then the assests would be liquidated and the proceeds converted to PLEX > $$ and donated to the next charity event? I really wish this was possible. Keeping any "extraneous" money makes just my accounting harder plus it's indeed subject to my demise's risk. I pondered to post about your very idea in Assembly Hall earlier today but I did not proceed because some would surely accuse me of making self advertisment or "grind rep" with that. If you want to do so, feel free. I actually don't know why CCP lets people send PLEX to their special character only during their campaign and not every time (and accumulate in there). Here's time for a self-plug. Check out my sig. Then sign up for a shattered crystal affiliate account. Get friends/costumers/anyone who buys GTCs to buy through you (300k+ players). For every 10 - 20, you get enough for a GTC of your own. Costumers don't get charged extra and you can put the extra coin towards more plexes. PS: Previous idea copyright of AoF Industries, AoF Lotteries and just plain AoF. Only authorized for use by Vaerah Vahrokha cause she's sexy .
Lando Antilles	Posted - 2011.02.09 15:46:00 - [23] Posted this idea in Assembly Hall... will see if it gets any traction. http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1465151
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.09 18:17:00 - [24] I am glad to announce that Chribba, in his generosity, has accepted to hold PLEXes and ISK (don't send anything else!) for free. He will also update the current amounts here. This is my side of the deal (I won't post his, for mail privacy): Originally by: Vaerah Vahrokha Ok, deal. Important: whatever happens, in any case, off anyone including me (hacking happens even if I am doing nothing to be hit), never release a single pixel of what you get even if it was me in person to beg you for it. Only CCP may ever get the stuff, even one ISK of it. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Nienor Jinn	Posted - 2011.02.09 18:22:00 - [25] Edited by: Nienor Jinn on 09/02/2011 18:24:32 obvious alt is obvious :( Originally by: Vaerah Vahrokha I am glad to announce that Chribba, in his generosity, has accepted to hold PLEXes and ISK (don't send anything else!) for free. He will also update the current amounts here. This is my side of the deal (I won't post his, for mail privacy): This is a great step to take care of the graft/corruption concerns! But I still think we need CCP onboard in case Chribba gets hit by a bus.
Caldariftw123	Posted - 2011.02.09 18:28:00 - [26] Originally by: Nienor Jinn Edited by: Nienor Jinn on 09/02/2011 18:24:32 obvious alt is obvious :( Originally by: Vaerah Vahrokha I am glad to announce that Chribba, in his generosity, has accepted to hold PLEXes and ISK (don't send anything else!) for free. He will also update the current amounts here. This is my side of the deal (I won't post his, for mail privacy): This is a great step to take care of the graft/corruption concerns! But I still think we need CCP onboard in case *Chribba gets hit by a bus.* SUCH BLASPHEMY WILL NOT BE TOLERATED! Apologise at once for suggesting his mortality :p
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.09 18:36:00 - [27] Quote: This is a great step to take care of the graft/corruption concerns! But I still think we need CCP onboard in case Chribba gets hit by a bus. This is why I suggested peer funds, exactly to spread the risk. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Grendell Technologies Unlimited	Posted - 2011.02.09 18:43:00 - [28] If you need a Chribba backup let me know, I'd happily support this type of fund. Grendell ♥
MailDeadDrop The Collective	Posted - 2011.02.09 18:50:00 - [29] Originally by: Nienor Jinn But I still think we need CCP onboard in case Chribba gets hit by a bus. /me was unaware that CCP had regular bus service in the veldspar belts. (OK, yes, that was a lame joke. But it's Chribba, and there hadn't been a "lord of the veldspar" joke made in it until now...) MDD

Chribba Otherworld Enterprises Otherworld Empire	Posted - 2011.02.09 19:20:00 - [30] Confirming that VV has spoken to me and I will hold the assets/ISK that gets donated by this drive, and at the time of a CCP relief convert said items/liquids into PLEXes given to CCP to support the cause. Neither assets or ISK will ever be given to VV regardless of what she says/claims (in the event of things going wrong on her side). Just make sure donations are tracked with the needed "tags" (for ISK transfers usually). /c Secure 3rd party service \| my in-game channel 'Holy Veldspar'

Samroski Games Inc.	Posted - 2011.02.09 21:15:00 - [31] CSGAMEZCF013 I've set up the fund with 500m, and have a clear strategy on how to invest to ensure relatively straightforward accounting. Lets see how it goes :)
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.09 22:44:00 - [32] First of all, thank you Chribba, Grendell and everyone who are joining. I suggest all those who want to send ISK to them to use that transaction clause / description I posted in the OP. I also updated the donors list to include Samroski, he will also end up in the VEMEX registered investments under his NEISIN as soon as I have the time. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.10 15:46:00 - [33] Added new bulky donation from Thoraemund: 500M! I also added a RECORD tag for the person with the largest donation ever on the official donors list - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.11 11:13:00 - [34] Edited by: Vaerah Vahrokha on 11/02/2011 11:14:26 I added two FAQs, which I'll reinstate here since it's where most would look at first: Q: May I send some items instead? A: In case you want to send to: - VAERT (me): you may, but I'll liquidate them pursuant to the Articles Of Incorporation and Bylaws. Only cash and PLEXes are allowed to be kept by this VAERT contract. - Chribba or Grendell: they would only accept PLEXes and only at Jita IV CNAP. Q: What name will appear as donor? Me, my corp name or what? A: The donor that will be automatically fetched for publication is exactly the sender / contractor of the stuff. - To appear as corporation you have to use the Transfer function of the corporation wallet, not to send as corporate member. - Different arrangements of any kind may be made, but I need to be talked / mailed in advance (on Vaerah Vahrokha) about that. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.12 11:18:00 - [35] Edited by: Vaerah Vahrokha on 12/02/2011 11:19:39 I'd like to restate something about the donation. This character should receive only emails, requests for info etc. NOT the donations. The donations need to go to: Vahrokh Financial Technologies In the "description" field please put MRVAHFTFF016 P01=0 Charity donation (if you don't want your name shown) MRVAHFTFF016 P01=1 Charity donation (if you want your name shown). Besides being an additional accounting difficulty, tracking donations to the wrong character may lead to me missing the donation journal entry (some days I have PAGES of transactions) and thus risking not to forward it to the charity corporation. Furthermore, by not indicating if you wish to stay anonymous or not forced me to evemail every pertinent person and pay nondefault CSPA fees. Therefore from today onwards, I will automatically NOT post the names of the donors who did not specify their preference (I always privilege "clients" privacy). - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.16 10:22:00 - [36] Fixed and added more donations. Don't be shy, keep sending donations, even small stuff is OK. Preferred channels are Chribba and Grendell besides me (please check above for the proper way to donate). 3 different Keepers should offer sufficient guarantee that the funds would not all disappear in case of personal issues.
My Postman	Posted - 2011.02.16 12:47:00 - [37] Kudos for putting so much afford in such a (good) thing, VV. For me personally, VV is as trustworthy as the god of veldspar himself and i will donate, as soon as i come home from work. Keep up the good work VV.
Lando Antilles	Posted - 2011.02.16 13:41:00 - [38] Originally by: Vaerah Vahrokha 3 different Keepers should offer sufficient guarantee that the funds would not all disappear in case of personal issues. So, do you mean that all three of you have access to the funds? (e.g. shares in holding corp). Or, are the funds split into 3 individually controlled pots?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.16 21:53:00 - [39] Originally by: Lando Antilles Originally by: Vaerah Vahrokha 3 different Keepers should offer sufficient guarantee that the funds would not all disappear in case of personal issues. So, do you mean that all three of you have access to the funds? (e.g. shares in holding corp). Or, are the funds split into 3 individually controlled pots? No, this operation has been made to look like a sort of "BitTorrent": several separate entities cooperate but stay separate. This reduces the risk of scamming, having an account hacked and lose all or just the risk of have permanent impossibility to play (IE RL death). All of this super-conservative approach has been planned for an operation that could last years and is made of long term baby steps not of a short bang. Finally, since Chribba and Grendell are considered trusted / known more than me, I had special care to make sure the deal is sealed in their direction, I.E. Chribba and Grendell are "one way sinks" or "black holes" and I (or anyone else) won't ever be able to grab a single ISK off them. They are only authorized to send the stuff to CCP and only during a RL emergency campaign. Here's the mail transcript of what I suggested when we drafted the deal: Originally by: Vaerah Vahrokha From: Vaerah Vahrokha Sent: 2011.02.09 17:44 To: Chribba, Ok, deal. Important: whatever happens, in any case, off anyone including me (hacking happens even if I am doing nothing to be hit), never release a single pixel of what you get even if it was me in person to beg you for it. Only CCP may ever get the stuff, even one ISK of it. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Lando Antilles	Posted - 2011.02.18 02:36:00 - [40] Edited by: Lando Antilles on 18/02/2011 02:37:51 I still love the idea, but can't support it in current form without that safeguard. Again, It's not that I don't trust you (or Chribba or Grendel), but what if god-forbid one of you was in the disaster region? Are the donations in a corp wallet now? If that's the case, It's an easy fix to have 3rd parties hold enough of the corp's shares to take over and donate if the CEO goes MIA. Would you feel comforatble doing this? Giving out shares in the charity corp with a clearly worded directive to these guardians on how/when to act if you don't? And I love how the only CCP action on this has been to move your GD thread to sell orders...
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.18 10:59:00 - [41] Quote: I still love the idea, but can't support it in current form without that safeguard Could you please explain it in a clearer way? You want each of these people to be able to eventually get money out of a collective fund? It'd be a terrible security breach, given that EvE mechanics are easily circumvented by anyone with half a brain. Quote: Again, It's not that I don't trust you (or Chribba or Grendel), but what if god-forbid one of you was in the disaster region? It's a calculated risk, that is one where you know 100% for sure what you could lose up to. Imagine we keep 33% each (not counting sister funds for example sake) and one of us is in a disaster region. In that pessimistic scenario we'd suffer a loss up to 33% and never above that. Imagine for ANY possible and unforeseeable reason, someone (including account hacking) could fetch and run with the whole fund. Then the loss would be ALWAYS 100%. If you project the risk over multiple years span, the risk of the latter may only increase. The former is still at 33%. Quote: Are the donations in a corp wallet now? If that's the case, It's an easy fix to have 3rd parties hold enough of the corp's shares to take over and donate if the CEO goes MIA. That'd be another huge security hole. To the cost of looking terminally anal (!), if ANYONE can withdraw off the fund of someone else, then it will be breached sooner or later. Who guards those guardians? - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Lando Antilles	Posted - 2011.02.18 14:49:00 - [42] Edited by: Lando Antilles on 18/02/2011 14:52:58 VV, you raise some good points. WALL OF TEXT followsà Originally by: Vaerah Vahrokha Could you please explain it in a clearer way? What I propose is that a Charity Corp be created, with a Chribba Alt as CEO. 40% of the Shares would be given to each You and Grendel, with Chribba keeping 20%. One of your (or GrendelÆs) alts would be a corp member and junior auditor. This way Chribba wouldnÆt have to do all of the administrative work of tracking donations, just turning cash to PLEX. If Chribba did not donate on schedule, then you and Grendel would take over as CEO and donate. Rest assured, most of my frustration lies at CCPÆs feet for not being proactive enough to see a good idea that could give them PR. Come on guys, little helpà But, I do feel that we players can come up with a more sound model. Since you brought up risk chances, I guess we could go all ACTUARIAN on this and break it downà nice grist for the MD mill. For the current tri-fold setup, the expected ISK loss before donation is: (% held by VV) (VV hack chance + VV scam chance + VV dead chance) + (% held by Grendel)(Grendel hack chance + Grendel scam chance + Grendel dead chance) + (% held by Chribba)(Chribba hack chance + Chribba scam chance + Chribba dead chance) If we put all of the ISK/PLEX into one corp (my proposal), the expected ISK loss changes to: 100% ( Chribba hack chance + Chribba scam chance + (VV hack chance + VV scam chance) * Grendel inattentive chance + (Grendel hack chance + Grendel scam chance) * VV inattentive chance + Chribba dead chance * VV inattentive chance * Grendel inattentive chance ) So, to evaluate which model has the lowest expected ISK loss, we need to have some idea of relative size of all these variables. The bolded chances are products of small chances, so they are orders of magnitude smaller than the other variables. This simplifies my model to: 100% * (Chribba hack chance + Chribba scam chance) Unless you have instituted a rule on equal division of assets, I would imagine that more of the assets would be held by Chribba (due to notoriety), which increases the importance of (Chribba hack chance + Chribba scam chance + Chribba dead chance) in the current model. So, the loss factors relating to Chribba are the most important factors in both models. However, (as you pointed out) the current model does reduce the total ISK loss due to any one of the 9 potential loss points. But, the question remains, if the 1-pot model has a lower absolute expectation of ISK. Again, all of this rambling is moot if CCP would just give their endorsement/support of your charity. And donÆt you just love how this discussion hinges on the possibility of your untimely demise?
Samroski Games Inc.	Posted - 2011.02.18 17:55:00 - [43] An update on my fund CSGAMEZCF013. I've invested 500m over the last few days. All orders are related to one item, using a separate corp wallet division. I trade in 100s of items, and dedicating one item for this purpose is an interesting exercise. The initial aim is to keep reinvesting till I can maintain 700m (approx. cost of 2 PLEXes) in the division. Anything above this will be reinvested. Not sure about the long term goal. If there are no disasters, I can see the fund growing considerably. Would be ideal then to invest in something that could be liquidated easily and quickly. Not sure what though. Initial investment: 500,000,000 Current ISK: 85,065,510.17 (will get reinvested later today)
Caldariftw123	Posted - 2011.02.18 18:04:00 - [44] Originally by: Samroski An update on my fund CSGAMEZCF013. I've invested 500m over the last few days. All orders are related to one item, using a separate corp wallet division. I trade in 100s of items, and dedicating one item for this purpose is an interesting exercise. The initial aim is to keep reinvesting till I can maintain 700m (approx. cost of 2 PLEXes) in the division. Anything above this will be reinvested. Not sure about the long term goal. If there are no disasters, I can see the fund growing considerably. Would be ideal then to invest in something that could be liquidated easily and quickly. Not sure what though. Initial investment: 500,000,000 Current ISK: 85,065,510.17 (will get reinvested later today) If you keep track of your overall profit it might be easier for you to just work out what % the 500mill represents of your total trade balance, and when you profit XXm/billions a month then % of that is from the 500mill, thus you know how much to put in a pile. This removes the risk of having the entire plex for aid balance wiped out by a single market move.
Samroski Games Inc.	Posted - 2011.02.18 18:57:00 - [45] Originally by: Caldariftw123 If you keep track of your overall profit it might be easier for you to just work out what % the 500mill represents of your total trade balance, and when you profit XXm/billions a month then % of that is from the 500mill, thus you know how much to put in a pile. This removes the risk of having the entire plex for aid balance wiped out by a single market move. I am not very organized. My total trade activity/balance is spread between 7 accounts and multiple characters. Much easier to track one item :) The way I trade, and the way I have invested in this item using multiple orders, I am positive that the investment is secure and there is little or no chance of it being wiped out. Time will tell, though :)
Eva Blonde	Posted - 2011.02.18 19:46:00 - [46] Edited by: Eva Blonde on 18/02/2011 19:47:54 I do like this!
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.18 21:11:00 - [47] Originally by: Lando Antilles However, (as you pointed out) the current model does reduce the total ISK loss due to any one of the 9 potential loss points. But, the question remains, if the 1-pot model has a lower absolute expectation of ISK loss. I really see your point but I have two objections: 1) Priority. I am not concerned at maximizing efficiency or that all the money is 100% available thru quasi supposed safe methods. I am concerned that a good amount of money is absolutely safe. Sure, a 3 contemporary persons total loss would leave only sister funds alive (still an achievement none else has ever managed before). But even in case money was "pooled" a 3 contemporary persons loss would lead to the same result, so it's invariant. 2) Chribba (I did not discuss with Grendell about this) is kindly doing all of this for absolutely free. Putting the burden to setup a corp and have supposedly less trusted people mixing with him is a big no. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Lando Antilles	Posted - 2011.02.18 21:29:00 - [48] I guess the min-maxer in me is just coming out. Good point on the chribba time commitment thing, it's not really cool to be terribly demanding on someone's charity. Again, I give you mad props for your initiative here, VV!
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.19 21:49:00 - [49] Edited by: Vaerah Vahrokha on 19/02/2011 21:49:19 Originally by: Lando Antilles I guess the min-maxer in me is just coming out Well, it's understandable and I thank you for caring so much. I am going for the safest (even if not most efficient) way for this though. Originally by: Samroski An update on my fund CSGAMEZCF013. I've invested 500m over the last few days. All orders are related to one item, using a separate corp wallet division. I trade in 100s of items, and dedicating one item for this purpose is an interesting exercise. I don't know if this is possible to you, but could you please eve mail me at the end of the next week the difference between what appears on Outstanding donations list and your current balance? That'll go in the February balance sheet. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.20 22:08:00 - [50] Two little announcements: 1) At least a CCP representative seems to agree with this initiative: Link Originally by: CCP Spitfire Hello Vaerah Vahrokha, First of all, please let me say that I think this is a worthy initiative. However, our forum rules do not permit multiple threads on the same subject. As you already have one on this topic in the Market Discussions section here, I have to lock this one. Still, I understand that you would like to raise more attention towards the project. May I suggest using the "Sumbit News Leads" function to inform the Interstellar Correspondents division about it? I think this is the best way to achieve coverage of the initiative while at the same time conforming to the forum rules. Thank you for your understanding. Spitfire Community Representative CCP Hf, EVE Online 2) I won't stop repeating this: I know you are being VERY kind to send ISK but pretty please indicate it's for the charity fund. Expecially Chribba is having inconvenience at being sent money with no apparent reason. You seriously risk some donations to be lost - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Caldariftw123	Posted - 2011.02.20 22:30:00 - [51] Originally by: Vaerah Vahrokha Two little announcements: 1) At least a CCP representative seems to agree with this initiative: Link Originally by: CCP Spitfire Hello Vaerah Vahrokha, First of all, please let me say that I think this is a worthy initiative. However, our forum rules do not permit multiple threads on the same subject. As you already have one on this topic in the Market Discussions section here, I have to lock this one. Still, I understand that you would like to raise more attention towards the project. May I suggest using the "Sumbit News Leads" function to inform the Interstellar Correspondents division about it? I think this is the best way to achieve coverage of the initiative while at the same time conforming to the forum rules. Thank you for your understanding. Spitfire Community Representative CCP Hf, EVE Online 2) I won't stop repeating this: I know you are being VERY kind to send ISK but pretty please indicate it's for the charity fund. Expecially Chribba is having inconvenience at being sent money with no apparent reason. You seriously risk some donations to be lost Yeah, must be REAL inconvenient being sent my by people for no reason! I wish I had his problems :D hehe ;) I hope you are submitting something for news as suggested!
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.20 22:40:00 - [52] Originally by: Caldariftw123 Yeah, must be REAL inconvenient being sent my by people for no reason! I wish I had his problems :D hehe ;) I hope you are submitting something for news as suggested! I submitted the news before I posted the thread that CCP Spitfire restored to GD, the ISD don't seem to have noticed though. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
oldmanst4r Minmatar oldmanst4r's Corporation	Posted - 2011.02.20 23:09:00 - [53] I love the idea, but I can't help but say that I have mixed feelings towards this fund. On the one hand, I think it's a great idea to start a charitable organization ingame and that this could really grow into something cool. On the other hand I hope it's really just an extremely evil and devious scam that will steal more money than any other attempt, and cause everyone to question whether we can really exist in the status quo where such evil is permissible, much like World War II. Either way, good luck. Originally by: CCP Shadow snip Castration successful. Shadow.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.02.20 23:15:00 - [54] Originally by: oldmanst4r I love the idea, but I can't help but say that I have mixed feelings towards this fund. On the one hand, I think it's a great idea to start a charitable organization ingame and that this could really grow into something cool. On the other hand I hope it's really just an extremely evil and devious scam that will steal more money than any other attempt, and cause everyone to question whether we can really exist in the status quo where such evil is permissible, much like World War II. Either way, good luck. Well, Sister corps don't scam themselves, Chribba and Grendell seem quite unlikely and so that leaves me, who I don't greatly care to get e-rich . Anyone who has ANY doubt don't give up, send whatever you want to Chribba and Grendell if you don't trust or don't know me. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.06 21:53:00 - [55] Edited by: Vaerah Vahrokha on 06/03/2011 21:54:24 The balance sheet for the month of February 2001 of is being prepared. If there are any Sister Funds that have a balance ready by tomorrow 12:00:00pm. This would also include Chribba, in case he got anything to report. Edit: if anyone by any chance wants to send a donation pretty, pretty please do it after tomorrow 12:00:00pm. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Arcy Dorei	Posted - 2011.03.06 23:39:00 - [56] Hey VV, I ran my dividend early this month so it'll help your report I guess ;) Payment of 81404620.32 received, total in the pot is now 167773457.32 :) I'm buying back all my shares and not running the public part of the company now, so clearly dividends aren't going to be the way forward from here, but I'll work out a way to keep topping the pot up with isk .. well, for now I'll at least continue to honour the 10% a month guarantee I set up with my company originally and just add in a bit extra here adn there until I figure out some other way to track a specific amount of isk.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.07 02:10:00 - [57] Edited by: Vaerah Vahrokha on 07/03/2011 02:15:15 Originally by: Arcy Dorei Hey VV, I ran my dividend early this month so it'll help your report I guess ;) Payment of 81404620.32 received, total in the pot is now 167773457.32 :) I'm buying back all my shares and not running the public part of the company now, so clearly dividends aren't going to be the way forward from here, but I'll work out a way to keep topping the pot up with isk .. well, for now I'll at least continue to honour the 10% a month guarantee I set up with my company originally and just add in a bit extra here adn there until I figure out some other way to track a specific amount of isk. First of all, thank you for your being so fast. I don't understand your balance though. What's the grand total current amount of ISK of the charity account as of today? It was like 500M. For the second part, you may "feed" it with a recurring donation instead of a percentage of dividends. I had to do this myself, because this month I bought a lot of BPOs (basically I made my own internal IPO) so there were no dividends if I did not put out a manually donated sum. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Arcy Dorei	Posted - 2011.03.07 02:35:00 - [58] Ah no I said I just created 500 shares for the fund, I had 2500 shares created not represented by actual isk investment, 2000 for 'management fee' and 500 for the fund. When it comes time for liquidating to donate to a plex for aid thing though I will be piling a chunk more isk into the pot anyway so it will be academic at that point. Yeah I will just donate some now and then to the fund, when I see profits for my other activities I'll put some in but I will keep a 10% donation going each month regardless, it's not like I'll miss it but it might make a real difference to someone else later.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.07 11:10:00 - [59] Little update: For the maximum transparency possible I'd like to create a cash flow statement. But there's a catch, I'd need an hand by some RL accountant at it because I have never made one. In particular I don't know how to classify: - Starting fund cash of 500M put by VAHCO (i.e. not truly "personal" even if in the end it's thy corp I am in). - An additional 100M of mine as donation. I put it under "Owner's Investment" in the P&L but I am not sure if it's correct or if I should just put it in the "Third party donations" chapter because it's not VAHCO money in the strict sense. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Krythas	Posted - 2011.03.07 15:32:00 - [60] Can we contract plex toward this ?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.07 16:10:00 - [61] Edited by: Vaerah Vahrokha on 07/03/2011 16:21:00 Originally by: Krythas Can we contract plex toward this ? Yes, you are welcome. The Articles of Incorporation allow for: - Cash - PLEXES contracts. - Other materials or items are not supposed to be held as is and would be liquidated. Please create 15 days expiration contracts to either (copy and paste): VahrokhÆs Emergencies Relief Trust [VAERT] or Vahrokh Financial Technologies [VAHFT] I'd be pleased if you could include a description, possibly this: MRVAHFTFF016 P01=1 Notice how I am NOT sure that Chribba and Grendell will take those contracts (they take cash donations on behalf of VAERT) and they still REQUIRE a suitable description, otherwise the donations WILL be lost in their countless transactions. ------------------------------------- Since we are going from an high appreciation period, in case I see PLEXES tanking I might liquidate them as well, so to avoid the depreciation. They can always be bought back in a second when they'd be needed. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.08 13:44:00 - [62] I am a bit in a dilemma. Since ATM there's no "true BoD" I'd like to ask the MDers their opinion about this: Should the corporation be allowed to liquidate PLEXES in case they are selling for above average price and thus achieve a larger NAV than leaving them sit unused during the summer, when they could lose several tens millions of value? Please if you have an opinion post here ASAP, I am to amend the Articles of Incorporation for other reasons as well and I'd like to make it as few times as possible. Thanks in advance - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Magnu Stormhawk Stormhawk Enterprises	Posted - 2011.03.08 13:54:00 - [63] Originally by: Vaerah Vahrokha Should the corporation be allowed to liquidate PLEXES in case they are selling for above average price and thus achieve a larger NAV than leaving them sit unused during the summer, when they could lose several tens millions of value? Sounds like common sense to me. If you are after any opinions and not just those of current donors, +1 yes for this resolution.
Krythas	Posted - 2011.03.08 13:55:00 - [64] As someone that has quite possibly donated the most plex I fully support whatever decision vv makes here. I trust him easily as much as chribba here and really wish ccp would support this venture as well just for the bus scenario
Estel Arador	Posted - 2011.03.08 13:58:00 - [65] It's mission creep. Mission creep is bad. If you could increase your NAV by (re-)selling PLEX, you might also consider other ways of increasing the NAV, such as production or research, or trading other things.
RAW23	Posted - 2011.03.08 14:03:00 - [66] Originally by: Estel Arador It's mission creep. Mission creep is bad. If you could increase your NAV by (re-)selling PLEX, you might also consider other ways of increasing the NAV, such as production or research, or trading other things. I would tend to agree with this. PLEXs are themselves the final product of this charity and even if they lose isk value they won't lose rl value when they come to be donated.
Marcus Baltar Savaran Zhayedan Spah	Posted - 2011.03.08 14:34:00 - [67] This is a Marcus Baltar, the player, post. Not a Marcus Baltar, BSAC BoD, post. Originally by: Estel Arador It's mission creep. Mission creep is bad. If you could increase your NAV by (re-)selling PLEX, you might also consider other ways of increasing the NAV, such as production or research, or trading other things. What they said. I thought the idea was that the fund would just hold ISK/PLEX/whatever until such time as CCP enabled a relief fund and then everything would be converted to PLEX and sent. What I believe; A PLEX was donated. The person donating it thought that this was an appropriate donation. They could have more easily donated ISK (no changing of ISK to PLEX) if they were worried about changing PLEX/ISK (or perhaps they donated the PLEX because they were worried?) trade rates so I do not think that you should assume the worry/responsibility for the PLEX/ISK trading rates either. If your fund trades the PLEXs then you are assuming financial responsibility for any losses that this trading might incur, meaning that you would then have to be actively involved in (however minor) trading activities to cover any potential losses. That would include any differences in PLEX prices between the time between the fund start and when any transfer to CCP takes place. On a side note - what happens to the ISK that is donated - I guess Grendell and Chribba would not be willing to trade with it? Trading donated PLEXs due to advantageous PLEX/ISK rates would also mean that you should trade with all donated ISK (or any other assets) to take advantage of advantageous ISK/whatever rates. Just think; this was set up to enable PLEXs to be donated to relief efforts that CCP supports before they set a CCP character to send the PLEXs to. So, if the CCP character had existed beforehand then the PLEXs sent to it would not be able to be traded (or ISK either). --
Krythas	Posted - 2011.03.08 14:34:00 - [68] I should probably stop posting when drunk. :-)
Caldariftw123	Posted - 2011.03.08 14:48:00 - [69] Edited by: Caldariftw123 on 08/03/2011 14:48:23 Originally by: Vaerah Vahrokha Should the corporation be allowed to liquidate PLEXES in case they are selling for above average price and thus achieve a larger NAV than leaving them sit unused during the summer, when they could lose several tens millions of value? I'd say no, the plex is already the final product and therefore not going to lose value when donated. The potential advantage from gaining a few million extra from a lowering of their price is offset by the potential inability to buy as many plexes later should the price rise. This would have to be offset by you guaranteeing the shortfall in isk, but if you are willing to do that then you might as well just trade with your own isk and donate some of the profit to this fund instead. As you already do this, and you will only earn a finite amount of isk from all your activities and only have a % of that that you are willing to donate, there is no sense in risking plex assets for little gain.
Estel Arador	Posted - 2011.03.08 15:08:00 - [70] As usual Marcus Baltar is a bit more eloquent than I.
Magnu Stormhawk Stormhawk Enterprises	Posted - 2011.03.08 15:17:00 - [71] Originally by: Marcus Baltar Trading donated PLEXs due to advantageous PLEX/ISK rates would also mean that you should trade with all donated ISK (or any other assets) to take advantage of advantageous ISK/whatever rates. Surely buying the plexes with the ISK in hand when they are cheap seems is the most appropriate way of handling the fund. Its not that much of a step further to re-sell and re-buy to improve the fund further Originally by: Marcus Baltar Just think; this was set up to enable PLEXs to be donated to relief efforts that CCP supports before they set a CCP character to send the PLEXs to. So, if the CCP character had existed beforehand then the PLEXs sent to it would not be able to be traded (or ISK either). That doesn't preclude this fund from having the ability to grow in addition to the donation by trading them. Fair points from everyone though. There is always the downside of potential losses on such activity. I just know that if/when i donate, it will be in isk rather than plex and i would be happy for the value of that isk to be used in the most efficient way.
MailDeadDrop The Collective	Posted - 2011.03.08 15:33:00 - [72] Already alluded to by Marcus Baltar(), trading of PLEXes would depend upon the decisions of some person (presumably Vaerah Vahrokha) which introduces the risk of loss, which was not addressed in the original articles. I am of the opinion that any ISK or PLEXes donated were done so with the intent that the full value of the donation be applied towards charity, and that to use those donations in a commercial enterprise, even if it benefits the charity itself, is a violation of the trust of the donor. I appreciate that Vaerah Vahrokha's intent is to magnify the effect of the donor's charity, but I "vote" that speculation on the value of PLEXes not be permitted with the charity's assets. MDD () And possibly others; no slight intended if I've overlooked them.
Lando Antilles	Posted - 2011.03.08 15:57:00 - [73] I agree that the original intent was a minimal risk (hit by bus ) charitable organization. A simple solution would be to have 1- the Chribba and Grendel branches purely ISK/plex repositories, to be delivered upon tragedy 2- the VV branch could incorporate simple strategies for capital appreciation (PLEX buying/selling) This way, those that want a pure minimal risk donation can send their ISK to Chribba and Grendel and those that want to magnify their donation have that option (VV)
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.08 20:50:00 - [74] Since I am acting on behalf of VAERT, and knowing the following is purely RP fluff (which I truly LOVE, don't kill me): Pursuant to VAERT Articles Of Incorporation, Article VII and VAERT Bylaws, Article III, Section 4 and subsequent, Article III, Section 10, paragraph (c) it has been delivered to appoint Vaerah Vahrokha as President of Vahrokh's Emergency Relief Trust. This was announced earlier today both on VAERT official website, on Vahrokh.com blog and in "Chapter 8 - Disclosure of Main and involved alts" on this forum. Here is the RP press release PDF. Now onto the MDers sentiment about PLEXes: Originally by: Krythas I trust him easily as much as chribba here and really wish ccp would support this venture as well just for the bus scenario A CCP Developer has expressed some appreciation about this project. I still wish what you say was possible and would benefit a lot of players: designate who to automatically take all your stuff in case your sub stays expired for more than X. I would really not care if CCP would auto-reclaim all I have, it's not like I'd care of keeping my e-stuff if I suddenly die. Finally, Krythas, you have left me speechless for such an huge donation. Thank you!!!!! I will do all my best to honor this welcome responsibility. Your donation will be updated on the Donors List as new record as soon as I am done with the backlog of deadline stuff I am finishing. Originally by: Several MDers opinions Yes but no ... and people tell that MD is so bad. I want to thank you all for your valuable opinions and suggestions! I take that you prefer the way of assets functionality and security, therefore I'll withdraw the Articles Of Incorporation amendments. I liquidated one PLEX during this month, it will be the last. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Caldariftw123	Posted - 2011.03.08 21:34:00 - [75] The President is dead, long live the President :D Originally by: Vaerah Vahrokha ... and people tell that MD is so bad. I want to thank you all for your valuable opinions and suggestions! MD: "We're not all muppets!" ;)
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.08 21:41:00 - [76] Edited by: Vaerah Vahrokha on 08/03/2011 21:41:11 Update: - I received other donations, they will be added on the Donors List by tomorrow EvE midnight like for the above. ATM I am valiantly fighting with Excel till I manage to finish updating the statements. - I got an idea and I'd like to get an opinion off the following people: 1) Donations Holders, that is Chribba and Grendell 2) Donors acting as sort of Class A "BoD" (see Articles of Incorporation for classes) 3) Other MDers acting as sort of Class B "BoD". in the above order. Topic of the idea is this: hedging risk in a more homogeneous way. Basically, Chribba and Grendell agreed to act as Donations Holders. They are getting far, far less than the 33.3% each that I thought they'd get. On the contrary, I am getting sent a lot of value. While all of this generosity is welcome, I don't want to forget how security is of paramount importance. I should not be a dangerous possible point of failure. Therefore I'd ask your esteemed opinion about if you'd agree at me splitting and forwarding donations so that each of us three Donations Holders shares about 1/3 of the value and thus of the risk. What do you think? - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Tutskii	Posted - 2011.03.08 21:50:00 - [77] I think that you either trust yourself or not. If you don't then you can send the money to Chribba yourself. If you do, and the people who sent it trust you too, then what's the problem with you holding it? Sure, you may be hit by a bus but so may Chribba or Grendell. This is in the end, your initiative, and if people are trusting you with their money for charity, then I don't see how that can be bad. Personally I think the idea is pretty neat.
Caldariftw123	Posted - 2011.03.08 21:53:00 - [78] Originally by: Vaerah Vahrokha Edited by: Vaerah Vahrokha on 08/03/2011 21:41:11 Update: - I received other donations, they will be added on the Donors List by tomorrow EvE midnight like for the above. ATM I am valiantly fighting with Excel till I manage to finish updating the statements. - I got an idea and I'd like to get an opinion off the following people: 1) Donations Holders, that is Chribba and Grendell 2) Donors acting as sort of Class A "BoD" (see Articles of Incorporation for classes) 3) Other MDers acting as sort of Class B "BoD". in the above order. Topic of the idea is this: hedging risk in a more homogeneous way. Basically, Chribba and Grendell agreed to act as Donations Holders. They are getting far, far less than the 33.3% each that I thought they'd get. On the contrary, I am getting sent a lot of value. While all of this generosity is welcome, I don't want to forget how security is of paramount importance. I should not be a dangerous possible point of failure. Therefore I'd ask your esteemed opinion about if you'd agree at me splitting and forwarding donations so that each of us three Donations Holders shares about 1/3 of the value and thus of the risk. What do you think? As a third rate citizen ;) I'd say it's a good idea. It reduces the damage done by a catastrophic failure at your point (computer death, house blown away in a storm, hit by bus etc.) .. same can happen at their point, but part of the security reasoning was that only 1/3 is going to go should anything at all go. Once a month I guess, so I would suggest allocation of excess capital after completing your monthly reports?
Lando Antilles	Posted - 2011.03.08 21:59:00 - [79] I approve.
Estel Arador	Posted - 2011.03.08 22:01:00 - [80] Originally by: Vaerah Vahrokha ... and people tell that MD is so bad. That was you saying that, remember? As for the redistribution, who are you to second-guess where people send their donation? Don't over-engineer this. Shifting stuff only increases the paperwork and increases the risk of something being misplaced. You could suffice with publishing what percentage is being held by Chribba, Grendell, and yourself. People who want their donation to depend on that information can donate to whoever has least; people who make a decision on some other criterion are still free to do so.
Bumblefck Kerensky Initiatives	Posted - 2011.03.08 22:20:00 - [81] Mark my words, RMTing in the making, somewhere along the line ?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.08 22:53:00 - [82] Originally by: Tutskii I think that you either trust yourself or not I do trust myself. This is going to be a long term operation though and RL incidents happen. Hence the hedging idea. Originally by: Estel Arador That was you saying that, remember? Hmm, I did not think to convey such idea there. It was a memento not to chastise new investments beyond reasonable (which is fairly different than saying MDers are bad) and a talk against "the trolls and similar unconstructive mankind". Once again this is not "all MD" but the unconstructive individuals. Actually MD without these would be better. Originally by: Estel Arador Don't over-engineer this. Point taken. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Estel Arador	Posted - 2011.03.08 23:13:00 - [83] Originally by: Vaerah Vahrokha a talk against "the trolls and similar unconstructive mankind". Once again this is not "all MD" but the unconstructive individuals. Actually MD without these would be better. Well one of those "similar unconstructive mankind" has just made a comment which was seconded and thirded by a couple of the most respected MD members. There just might be a few shades of grey here instead of just black and white... (Though to be entirely honest, I was tempted to end my fairly constructive comment with a suggestion to start a titan BPC business from the donations - I've heard it can give good returns. )
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.09 23:00:00 - [84] A Vahrokh Group Subsidiary PRESS RELEASE March 09, YC 113 Vahrokh's Emergency Relief Trust achieves 2.5 billions aggregated worth Forewords The February YC 113 financial statements are now available at this address. Their format has been revised and improved. Sister Funds have been updated and reorganized as well. Donations Holder Chribba has been included as Sister Fund, code OEOTHERCF019. Some minor inaccuracies due to miscommunications with Sister Fund Managers have been rectified. This is an ongoing process and feedback is welcome. President's statement We are at the second month since this Charity Corporation has been launched. It has been rough at the beginning but now it's nicely taking off. This is a breakthrough achievement. In a galaxy where ruthless dominion and lawless space are defining foundations for entire empires, a lone independent organization is completely devoted at supporting the unfortunate and the homeless (OOC: in real life!). But this is not the achievement of one or even few people, with some financial and technology background. This is YOUR achievement, You who dared to challenge the immutable and ruthless rules of New Eden and generously donated PLEXes or ISK. (OOC:) I feel this is extraordinary. One day I or you could meet someone who has been saved because some players, some day, in one the most harsh games in existence, have been moved to a charitable feeling. I wish to wholeheartedly thank all those who helped and contributed in whatever way to make this initiative succeed. This gives us the drive to stand and go ahead for the next months and years, even when the news of VAERT will become old and it will become "routine". Sincere thanks, Vaerah Vahrokha, President - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.10 00:10:00 - [85] Update: As stated yesterday I updated the Donors List to current. We have a new RECORD and a big one! Krythas sent in a massive 12 PLEXes! As of now this equals to 348,599,989,98 x 12 = 4,183,199,879.76 = about 4.2B! I'll make a tangible example of how much the donations accrued up to today could do (I hope to not do wrong math, I am hugely tired ). Source: Haitian Roots It costs $250 a year to have an Haitian child attend to school. The cost of life of an average Haitian guy is $100 a year. The accrued amount of the Charity Fund as of today is about 7.1B. Assuming a PLEX rule of thumb worth average of 300M, this means about 23-24 PLEXes. At SC they sell GTCs for $34.99, this means that we have got about $400. This means we could feed a child for one year AND send him to school for that year. Isn't this... freaking huge for an Internet Spaceships Game? - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Misty McGinnity Mystify Trading Company	Posted - 2011.03.10 00:13:00 - [86] stellar performance V. will the fund be getting a 3rd party fact checking? to ensure no laundering of any kind won't happen.
Breaker77 Gallente Reclamation Industries	Posted - 2011.03.10 00:22:00 - [87] Originally by: Misty McGinnity will the fund be getting a 3rd party fact checking? to ensure no laundering of any kind won't happen. Oh good ****ing god! While it is acceptable to question such things, if you don't trust VV, send it to Chribba. I'm pretty sure even CCP would frown upon such things as scamming from this. While this does not guarantee it is legit, using something such as this as a front for scamming would be highly deplorable.
Misty McGinnity Mystify Trading Company	Posted - 2011.03.10 00:29:00 - [88] Originally by: Breaker77 Originally by: Misty McGinnity will the fund be getting a 3rd party fact checking? to ensure no laundering of any kind won't happen. Oh good ****ing god! While it is acceptable to question such things, if you don't trust VV, send it to Chribba. I'm pretty sure even CCP would frown upon such things as scamming from this. While this does not guarantee it is legit, using something such as this as a front for scamming would be highly deplorable. i just find it a little un-usual that people are doing a charity drive, when CCP doesn't have one going & hasn't posted here confirming that they will do anything similar to the haiti one ever again. If there was a charity drive going on right now i wouldn't be here, but there isn't & there has been several natural disasters around the world since, Australia floods, new zealand earthquake etc. Still no mention of a charity drive from CCP. If CCP posted here that they were doing regular charity drives, then sure make a fund. but a one off (from memory) charity to haiti doesn't requires a player funded, unchecked, 3rd party secured, fund Link me to prove me wrong, otherwise go away.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.10 00:36:00 - [89] I just read the EvElopedia entry about Red Crescent donations for Pakistan and CCP stance about scamming at such initiative. While they "just" talk about people contract scam I am fairly sure the following would apply in more general cases: Quote: Our game masters will permanently ban anyone who uses this initiative for helping the victims of the disaster in Pakistan to scam other players. Said that, this is not something like an MD investment where to show records, skill sets, assets, profitability or whatever. Here either you trust or you don't. If I find out a way to delete in game mails (choking full of clients full API keys, strategies, assets locations...) in a way that API won't fetch them anyway, then I am also fine to be API checked by a trusted volounteering auditor. If I don't, I'll have to wait till CCP releases the new API where I can turn emails off. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Phoebe Halliwel	Posted - 2011.03.10 00:44:00 - [90] Originally by: Breaker77 I'm pretty sure even CCP would frown upon such things as scamming from this. While this does not guarantee it is legit, using something such as this as a front for scamming would be highly deplorable. from the devblog and evewiki faq for the last plex for good initiatives Quote: CCP regards any scamming attempts surrounding this effort to be morally reprehensible and they will be met with swiftest action. Quote: If someone uses this initiative to scam you, then please report it immediately through a petition ingame. Our game masters will permanently ban anyone who uses this initiative for helping the victims of the disaster in Pakistan to scam other players. Not only is this unethical behavior, it also potentially reduces the amount of money our players are able to send to donate, which is unacceptable. Originally by: Misty McGinnity i just find it a little un-usual that people are doing a charity drive, when CCP doesn't have one going & hasn't posted here confirming that they will do anything similar to the haiti one ever again. If there was a charity drive going on right now i wouldn't be here, but there isn't & there has been several natural disasters around the world since, Australia floods, new zealand earthquake etc. Still no mention of a charity drive from CCP. If CCP posted here that they were doing regular charity drives, then sure make a fund. but a one off (from memory) charity to haiti doesn't requires a player funded, unchecked, 3rd party secured, fund Link me to prove me wrong, otherwise go away. The most recent appeal was for Pakistan in September 2010, not sure on the Haiti appeal date but that was a separate one, so it's not a one off from CCP Plex for good: Pakistan PLEX for GOOD FAQ
Misty McGinnity Mystify Trading Company	Posted - 2011.03.10 01:02:00 - [91] That rule you mentioned only pertains to an active charity drive, since there is none going atm. it is null & void.
Breaker77 Gallente Reclamation Industries	Posted - 2011.03.10 01:06:00 - [92] Originally by: Misty McGinnity That rule you mentioned only pertains to an active charity drive, since there is none going atm. it is null & void. Reread the OP Quote: It started with a petition made to a GM (copy available) asking whether CCP's PLEX aid for Haiti was a "one shot" initiative or if more of such emergency relief campaigns would happen again (in case of disasters of course). Since the reply was positive, I decided to make my little contribution to the good of the less fortunate. I would suggest sending a petition to CCP about this if you are really feeling this butthurt. Make sure to ask about the scamming aspect of it as well.
Misty McGinnity Mystify Trading Company	Posted - 2011.03.10 01:13:00 - [93] Originally by: Breaker77 Originally by: Misty McGinnity That rule you mentioned only pertains to an active charity drive, since there is none going atm. it is null & void. Reread the OP Quote: It started with a petition made to a GM (copy available) asking whether CCP's PLEX aid for Haiti was a "one shot" initiative or if more of such emergency relief campaigns would happen again (in case of disasters of course). Since the reply was positive, I decided to make my little contribution to the good of the less fortunate. I would suggest sending a petition to CCP about this if you are really feeling this butthurt. Make sure to ask about the scamming aspect of it as well. there maybe more plex drives in the future but there isn't one running now. hence all those scam rules are not applied here. butthurt? far from it champ. just pointing out the obvious.
Breaker77 Gallente Reclamation Industries	Posted - 2011.03.10 01:16:00 - [94] Originally by: Misty McGinnity butthurt? far from it champ. just pointing out the obvious. Then press F12 and send in that petition...
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.10 19:56:00 - [95] Edited by: Vaerah Vahrokha on 10/03/2011 19:56:26 Just bumping this record, because Krythas deserves it. We have a new RECORD and a big one! Krythas sent in a massive 12 PLEXes! As of now this equals to 348,599,989,98 x 12 = 4,183,199,879.76 = about 4.2B! I'll make a tangible example of how much the donations accrued up to today could do (I hope to not do wrong math, I am hugely tired ). Source: Haitian Roots It costs $250 a year to have an Haitian child attend to school. The cost of life of an average Haitian guy is $100 a year. The accrued amount of the Charity Fund as of today is about 7.1B. Assuming a PLEX rule of thumb worth average of 300M, this means about 23-24 PLEXes. At SC they sell GTCs for $34.99, this means that we have got about $400. This means we could feed a child for one year AND send him to school for that year. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Mishikaii	Posted - 2011.03.10 20:03:00 - [96] How do we choose which child to make his life not suck, and how do we prevent the non chosen children from eating him? I propose a double elimination tournament of suitably starved candidates.

CCP Adida C C P C C P Alliance	Posted - 2011.03.10 21:16:00 - [97] Trolling comment removed Adida Community Rep CCP Hf, EVE Online

Lando Antilles	Posted - 2011.03.10 21:38:00 - [98] Originally by: CCP Adida Trolling comment removed Now, if we could only get you guys to support this proposal and provide infrastructure to make it more secure.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.11 12:04:00 - [99] Japan announced they need help from all the world. Just confirming that VAERT is ready to help as soon as CCP starts an emergency relief campaign about it. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Kei Darker	Posted - 2011.03.14 18:36:00 - [100] Edited by: Kei Darker on 14/03/2011 18:36:42 http://www.eveonline.com/devblog.asp?a=blog&bid=876 here's your shot ^
Liberty Eternal	Posted - 2011.03.14 18:53:00 - [101] Pledging 4 PLEX to this. Also, I'm not clear how I make my donation or where I send it to - maybe put the details at the top of the first post?
Arcy Dorei	Posted - 2011.03.14 19:40:00 - [102] PLEX For Good has come, and so AVC has contracted 2 PLEX to this cause. I sure hope it helps someone :D
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.14 20:26:00 - [103] Edited by: Vaerah Vahrokha on 14/03/2011 20:26:06 I am going to have to do a ton of work very soon to optimize and account for what we have got. In the meanwhile I hope CCP will reply to my post here. If they say that they will send the whole amount at the end of their initiative we can gather money & PLEXes till the last days, else I am going to lock the fund by tomorrow and then send what we got. This could be less efficient in case of fractional cash remains, they'd mean one less PLEX. Anyway if anyone feels like donating something please do it ASAP because if CCP replies they will send money in batches then I have to lock the fund by the next batch. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Julian Koll The Kollektive	Posted - 2011.03.14 21:03:00 - [104] Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved.
RAW23	Posted - 2011.03.14 21:34:00 - [105] Originally by: Julian Koll Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved. I'll cover that. VV - shoot me a mail with the amount. In general, I'm not wild about the idea of donating a lot personally on this particular plex drive (although I'm happy that the fund will be). Japan has suffered a terrible tragedy and my thoughts are with those who have suffered. However, Japan is one of the richest countries in the world, both in absolute terms and per capita, and providing financial support via a charity does not strike me as being very likely to actually alleviate any suffering. I'm pretty sure the government there will spend whatever is necessary and, as such, charitable spending will not provide services that would otherwise be unavailable but will only lead to a slight reduction in government spending, thus providing a very small reduction in the tax burden of Japaneses citizens as a whole in the near future. And if something similar happens two weeks later in, say, the Phillipines or Indonesia, countries where outside financial aid might make a very real difference, I suspect that I am not the only one who would probably not dig as deep again if they had made a large donation this time. So, I'm happy to throw a plex at this as a token of solidarity but beyond that I'll save my resources for deployment when I think it could make a significant difference.
Liberty Eternal	Posted - 2011.03.14 21:56:00 - [106] Originally by: RAW23 In general, I'm not wild about the idea of donating a lot personally on this particular plex drive (although I'm happy that the fund will be). Japan has suffered a terrible tragedy and my thoughts are with those who have suffered. However, Japan is one of the richest countries in the world, both in absolute terms and per capita, and providing financial support via a charity does not strike me as being very likely to actually alleviate any suffering. I'm pretty sure the government there will spend whatever is necessary and, as such, charitable spending will not provide services that would otherwise be unavailable but will only lead to a slight reduction in government spending, thus providing a very small reduction in the tax burden of Japaneses citizens as a whole in the near future. And if something similar happens two weeks later in, say, the Phillipines or Indonesia, countries where outside financial aid might make a very real difference, I suspect that I am not the only one who would probably not dig as deep again if they had made a large donation this time. I think this is something of a needlessly cruel distinction to make, particularly as the Japanese have given massive amounts of foreign aid to others they deserve unconditional aid in their hour of need [it's not only the incompetent who need or are worthy of assistance and charity]. Japanese people are just as fragile and vulnerable to natural disasters as anyone else and I think we should do all that we can to help them right now instead of leaving them to pick it all up by themselves - they are equally deserving and should not be disqualified simply because they are wealthy and succesful.
Breaker77 Gallente Reclamation Industries	Posted - 2011.03.14 22:03:00 - [107] Originally by: RAW23 Originally by: Julian Koll Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved. I'll cover that. VV - shoot me a mail with the amount. If for some reason RAW can't cover it I will cover it.
Caldariftw123	Posted - 2011.03.14 22:14:00 - [108] Originally by: RAW23 Originally by: Julian Koll Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved. I'll cover that. VV - shoot me a mail with the amount. In general, I'm not wild about the idea of donating a lot personally on this particular plex drive (although I'm happy that the fund will be). Japan has suffered a terrible tragedy and my thoughts are with those who have suffered. However, Japan is one of the richest countries in the world, both in absolute terms and per capita, and providing financial support via a charity does not strike me as being very likely to actually alleviate any suffering. I'm pretty sure the government there will spend whatever is necessary and, as such, charitable spending will not provide services that would otherwise be unavailable but will only lead to a slight reduction in government spending, thus providing a very small reduction in the tax burden of Japaneses citizens as a whole in the near future. And if something similar happens two weeks later in, say, the Phillipines or Indonesia, countries where outside financial aid might make a very real difference, I suspect that I am not the only one who would probably not dig as deep again if they had made a large donation this time. So, I'm happy to throw a plex at this as a token of solidarity but beyond that I'll save my resources for deployment when I think it could make a significant difference. 1 thing to remember is that while the country as a whole may be wealthy, that does not mean everyone is. The devastated areas are not in business district Tokyo where insurance will pick up the reconstruction tabs but in coastal towns and as is usual in disasters the most severely affected are the poor who have poorly constructed buildings in comparison and no means with which to rebuild them. That aside, aid agencies like the Red Cross are the ones that will be on the ground providing relief, water, food, blankets, etc. until the Government steps in and it is the Red Cross' money supply that will be drained by this, the Japanese Government aren't going to pay them back, so any money donated to this will mean more money available for the Red Cross to use in a poorer country.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.14 22:28:00 - [109] Edited by: Vaerah Vahrokha on 14/03/2011 22:32:11 Edited by: Vaerah Vahrokha on 14/03/2011 22:30:32 CCP replied my inquiry in the thread I linked above. The funds will go to Red Cross. This means that Japanese would not get cash but whatever R. C. decides to buy and use for them. In order to reduce the big potential of flaming occurring here about the issue, I am creating a poll where you can discuss about the matter at will. Please don't keep replying here, it won't be considered. Edit: CCP also confirmed they will send donations as a whole chunk at the end of the initiative (2 weeks), i.e. we have some more days to add more funds before the transaction will be finalized. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.15 01:21:00 - [110] 5 points: 1) I updated the donors list with the latest arrival: Liberty Eternal. He sent in 4 PLEXes. 2) I mailed Chribba about the PLEX for Japan. I asked him if he'd be so kind to state here what he got plus... 3) I'll be a biatch here : Since both Raw23 an Breaker77 announced their availability to pad up the spare money that's missing for 1 more PLEX, I'd assign Raw23 with the task of padding up my fund, while Breaker77 pads up Chribba's. In fact due to the Articles of Incorporation and by explicit written, unrevocable mandate (including even if I asked to undo it), our funds will never merge so they have to be treated separately. This quite clear cut deal was made in case one of us gets mad or hacked and attempts taking over the other fund. 4) In the next days I'll see if more people sends something. I'll produce some statement about the current assets and cash accrued, release all to CCP and then eventually see if someone still sends something more before the CCP initiative end slated to be on March 31. 5) In the mean time, it'd be of great service if some Trader could get 5-6 PLEXes at below sell orders cost which I'll pay. I have no high CN standings trader alt and I'd hate to give NPC broker fees eating into what we have to send to alive and breathing people. If anyone is interested please reply here so I don't get 2-3 people doing a duplicate operation. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Tutskii	Posted - 2011.03.15 01:38:00 - [111] I'm sniping Plex anyway and have perfect skills + high standing, so I can take on that if you so desire. Send me the desired number of plexes (via evemail) and the money required for the highest buy and I'll take care of that.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.15 07:57:00 - [112] Originally by: Tutskii Edited by: Tutskii on 15/03/2011 01:48:40 I'm sniping Plex anyway and have perfect skills + high standing, so I can take on that if you so desire. Send me the desired number of plexes (via evemail) and the money required for the highest buy and I'll take care of that. Edit: Actually there are two options with that, we can start trading plex back and forth at this time if you think itll go up, or we can wait if you think itll drop. Considering it was around 320 mill a couple weeks back the time of purchase might make a big difference if you get it right. Or their acquisition can be distributed over time to average the price out. Thank you for your kind offer. I'll want 6 PLEXes to convert the fund ISK into them. The excess PLEXes that the fund won't eventually cover, will be covered by my own money. As for when... I examined the graph and noticed we are close to RN 360 (see this thread: Experiment #01: RL finance analysis applied to EvE for explanations about what I am writing). We are right under a possible fake upwards breakout that should go back and return to 340M-ish next price level. Problem is, it could take more than the 13 days we have left to pass the current high and drop again. So I'd suggest this: let's wait about a week, if price reverses we should be good. Else we'll have to take the PLEXes at whatever price. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Florestan Bronstein Amarr Taishi Combine	Posted - 2011.03.15 10:24:00 - [113] Edited by: Florestan Bronstein on 15/03/2011 10:27:23 comment was off-topic, better discussed elsewhere
Amarr Citizen 155 Nordar Innovations.	Posted - 2011.03.15 14:17:00 - [114] Just wanted to say I was one of the individuals asking questions about this fund in scc yesterday mostly because of all the unknowns. I didn't like the idea of a check being sent to Japan when the biggest thing they need right now are people on the ground helping and blankets/food/water. Knowing that it's actually sent to the Red Cross pretty much eliminates all of my concerns. Fake Edit: and yes I know they wouldn't actually send a check to Japan, but those intelligent enough understand what I mean.
Genbukan Best Buy INC	Posted - 2011.03.15 15:23:00 - [115] Thanks for the opportunity to help out! Though I don't have quite a large wallet it was nice to help. Vaerah Vahrokha thank you for your hard work, and I am very touched by what we will be able to do with any amount sent.
Samroski Games Inc.	Posted - 2011.03.15 16:19:00 - [116] CSGAMESCF013 Current cash in this sister fund's account is: ISK 106,738,692.15 Initial investment was 500m and current NAV (at Jita buy order price) is: ISK 647,540,250.33 I have decided to leave all this untouched and to re-invest the cash. The fund is one month old and I want it to grow considerably before I use it for charity. In the meantime I have donated 3 PLEX to the drive from my personal funds.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.15 17:15:00 - [117] Little update: Chribba replied me stating his amount did not change, he'll pad it up by himself and send the PLEX. If he'd be so kind to confirm here then it'd be perfect. Arcy Dorei linked a screenshot of his 2 PLEXes donation in SCC Lounge chat. I'd prefer he'd post a link here as well but it's his fund and he decides. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz

Chribba Otherworld Enterprises Otherworld Empire	Posted - 2011.03.15 18:29:00 - [118] Originally by: Vaerah Vahrokha Little update: Chribba replied me stating his amount did not change, he'll pad it up by himself and send the PLEX. If he'd be so kind to confirm here then it'd be perfect. Arcy Dorei linked a screenshot of his 2 PLEXes donation in SCC Lounge chat. I'd prefer he'd post a link here as well but it's his fund and he decides. Confirmed, sorry for the delay. /c Secure 3rd party service \| my in-game channel 'Holy Veldspar'

Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.15 21:51:00 - [119] I'll donate 10b for this. I'll send the isk as soon as I've sorted out where to send it.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.15 22:39:00 - [120] Update: Current VAERT Charity assets as of today: Screenshot ISK: 1,956,242,332.15 PLEXes: 16 ------------------------------------------------------------ Originally by: Roguehalo I'll donate 10b for this. I'll send the isk as soon as I've sorted out where to send it. If you wish to donate ISK, you may address it either (or split) to: - Vahrokh Financial Technologies - Chribba - Grendell For all 3, please copy and paste this in the ISK transfer description: MRVAHFTFF016 P01=1 Charity donation Not doing so will greatly put your donation at risk of being confused with other transactions. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.15 22:55:00 - [121] Isk sent.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.16 01:24:00 - [122] We have a new record! Roguehalo donation has been recorded as of now and is the biggest ever! As a little sign of gratitude I added a new section in the Donors List: the Hall of Honor and Fame, where the pivotal Donors, those who made the Charity grow to the next level will be recorded for the others to see. This is not just a "most donated" list, though. I.e. Far Ranger [FARR] corporation is the first Donor who gave a substantial donation, who believed in a just started project and thus is going to be included forever. - Auditing & consulting When looking for investors, please read http://tinyurl.com/n5ys4h + http://tinyurl.com/lrg4oz
Liberty Eternal	Posted - 2011.03.16 13:09:00 - [123] That's one awesome donation Roguehalo
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.17 15:40:00 - [124] Originally by: Liberty Eternal Edited by: Liberty Eternal on 16/03/2011 14:00:28 That's an awesome donation Roguehalo. Thanks Liberty I have read some posts in other threads where the 'need' to donate to a country as 'rich' as Japan is questioned. As far as I'm aware the money will go to The International Red Cross rather than Japan, which organisation(along with the Red Crescent), has mounted humanitarion relief efforts in many parts of the world for very many years. If I was sitting in a very cold unheated Sports Hall with no power and food and water running out, just having had EVERYTHING I own completely destroyed, I would be quite pleased to see a Red Cross convoy of trucks pull up outside filled with relief supplies. I'm rather surprised and slightly saddened that there hasn't been more response to this. This is a great opportunity to turn pretend money into hard cash to help people who are going through an awful tragedy
Liberty Eternal	Posted - 2011.03.17 16:10:00 - [125] It's getting worse and worse over there, the Japanese government is not capable of solving all those problems. They have weak leadership and the government is not being entirely transparent about the nuclear reactors. It's a demonstration - if any were needed - that a wealthy government is not a solution for all problems and that private initiative is always needed in addition.
Estel Arador	Posted - 2011.03.17 16:20:00 - [126] Originally by: Liberty Eternal They have weak leadership and the government is not being entirely transparent about the nuclear reactors. It's a demonstration - if any were needed - that a wealthy government is not a solution for all problems and that private initiative is always needed in addition. Yeah, they will always be needed because private initiatives are always entirely transparent and honest, and never have hidden motives at all. It has nothing to do with "weak leadership" or "being entirely transparent" and everything with the huge scale of the disaster and the lack of proper information coming from disaster zones, even to (as opposed to from) governments.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.17 17:22:00 - [127] Originally by: Roguehalo I'm rather surprised and slightly saddened that there hasn't been more response to this. This is a great opportunity to turn pretend money into hard cash to help people who are going through an awful tragedy Well today I found out a guy sent in 200M. Like others he sent it to the wrong character (should send to VAHFT corp actually) so I did not notice it at first. His donation was at page 3 of my journal, I SO MUCH hope people send money where they should: Vahrokh Financial Technologies [VAHFT] Not to me. Not everywhere else. I am not even in VAHFT. I repeat it again: whoever sends donations to the wrong place seriously risks to see them lost! Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Julian Koll The Kollektive	Posted - 2011.03.17 17:42:00 - [128] Originally by: Roguehalo I'm rather surprised and slightly saddened that there hasn't been more response to this. This is a great opportunity to turn pretend money into hard cash to help people who are going through an awful tragedy Well, just because people don't donate via VHATEVER does not mean they don't donate. Technically, as soon as you can afford to donate by PLEX, it does not make sense anymore to use VV's service, since you can send them to ccp directly. And for the small time investors, MD might be the wrong place and this threadnaught might be a bit confusing (heck, i had to read it three times to get all of it) On the german boards i am currently running the same thing (as i did already with haiti and pakistan), and so far 31 people have donated amounts from as low as 1m isk. My announcement post counts 155 words and 900-something characters
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.17 18:27:00 - [129] Originally by: Julian Koll On the german boards i am currently running the same thing (as i did already with haiti and pakistan), and so far 31 people have donated amounts from as low as 1m isk. My announcement post counts 155 words and 900-something characters In a closely knit group it's easier to informally deal with people. I tried very hard, (maybe too much) to create a very robust framework that would be read by MDers, RPers, GDers and would hold without breaking. I am not good at public relations so I try to expose whatever contents before people even asks to. On an unrelated matter, there's a supremely insane donation ready to be registered. Stay tuned! Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.17 19:42:00 - [130] New humongous record!!!!! Today we received 3 more donations. One in particular has something of impossible. Amarr Citizen 155 donated 72 PLEXes!!! You read it right. 72. Seventytwo. For an equivalent of about 26.57B! These last days make me feel the 2 months I spent preparing the operation were really, really worth it. There are heart and charity. In my and your EvE! Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
RAW23	Posted - 2011.03.17 19:55:00 - [131] Nice one AC! Over a thousand dollars for the Red Cross in one donation. VV - What's the running total so far?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.17 19:56:00 - [132] This just does not know end. Magnu Stormhawk just donated 1B! Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Tutskii	Posted - 2011.03.17 19:57:00 - [133] I hope he is not getting them to you by Kestrel ;/ Good going AC
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.17 20:25:00 - [134] Edited by: Vaerah Vahrokha on 17/03/2011 20:26:18 Originally by: RAW23 Nice one AC! Over a thousand dollars for the Red Cross in one donation. VV - What's the running total so far? Totals held by VAERT: 13,166,242,332.15 ISK 88 PLEXES Grand equivalent total: 45,716,544,731,27 ISK => 45.7B Total Vahrokh Group exposition (VERY rough eyeball estimates): Collaterals: 3B Research: 6B Grand total Vahrokh Group exposition: About 54,7B Good night, it has been a long but fantastic day for me. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Kei Darker	Posted - 2011.03.17 20:46:00 - [135] VV, don't take this the wrong way, I am just curious... how much of those funds do you directly have access to? i.e. Hypothetically, how much could you withdraw into your personal account? Earlier, before this business in Japan started, you mentioned the importance of security and pointed to yourself as a possible point of failure. I don't suspect you would scam here, but if you have the ability to take ~60B in ISK and PLEX, I can't help but point out what an insidious and infamous scam it would become. Especially if that number ended up over 100B. Scamming from donations intended for a real life charity isn't legal in the real world (obviously), but through eve, you could do it. Not to encourage this sort of behaviour... but you'd be kind of infamous. It would definitely make the eve news and probably make news like CNN. So back to the original question... how much of those funds do you have direct access to again?
Amarr Citizen 155 Nordar Innovations.	Posted - 2011.03.17 21:00:00 - [136] Originally by: Vaerah Vahrokha New humongous record!!!!! Today we received 3 more donations. One in particular has something of impossible. Amarr Citizen 155 donated 72 PLEXes!!! You read it right. 72. Seventytwo. For an equivalent of about 26.57B! These last days make me feel the 2 months I spent preparing the operation were really, really worth it. There are heart and charity. In my and your EvE! Slight correction, this donation was made on behalf of myself, Ray, and about 1,300 caring eve players.
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.17 21:10:00 - [137] Originally by: Kei Darker VV, don't take this the wrong way, I am just curious... how much of those funds do you directly have access to? i.e. Hypothetically, how much could you withdraw into your personal account? Earlier, before this business in Japan started, you mentioned the importance of security and pointed to yourself as a possible point of failure. I don't suspect you would scam here, but if you have the ability to take ~60B in ISK and PLEX, I can't help but point out what an insidious and infamous scam it would become. Especially if that number ended up over 100B. Scamming from donations intended for a real life charity isn't legal in the real world (obviously), but through eve, you could do it. Not to encourage this sort of behaviour... but you'd be kind of infamous. It would definitely make the eve news and probably make news like CNN. So back to the original question... how much of those funds do you have direct access to again? Scam would mean instaban and the funds would be sent to The Red Cross regardless. There are limits to Eves' 'anything goes' morality
Block Ukx Forge Laboratories	Posted - 2011.03.17 21:11:00 - [138] Just curious, why send the Plex to VV instead of ccp? I can understand sending less than a Plex in ISK, but if you are donating a Plex, you might as well send them directly to ccp. BSAC Stock Exchange - EVE's only real-time stock exchange
RAW23	Posted - 2011.03.17 21:15:00 - [139] Originally by: Block Ukx Just curious, why send the Plex to VV instead of ccp? I can understand sending less than a Plex in ISK, but if you are donating a Plex, you might as well send them directly to ccp. VV provides a nice vehicle for building up momentum and challenging the community to act.
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.17 21:16:00 - [140] It all helps to drum up a bit of publicity and possibly drag in more donations. Ok I know there are trillionaires out there........who's gonna beat 27b?
RAW23	Posted - 2011.03.17 21:33:00 - [141] Originally by: Amarr Citizen 155 Slight correction, this donation was made on behalf of myself, Ray, and about 1,300 caring eve players. Please let this be a joke
Kei Darker	Posted - 2011.03.17 21:44:00 - [142] Originally by: Roguehalo Scam would mean instaban and the funds would be sent to The Red Cross regardless. There are limits to Eves' 'anything goes' morality I don't think this is true...
Julian Koll The Kollektive	Posted - 2011.03.17 21:44:00 - [143] Originally by: RAW23 Originally by: Amarr Citizen 155 Slight correction, this donation was made on behalf of myself, Ray, and about 1,300 caring eve players. Please let this be a joke Guess they should have validated their accounts...
Tutskii	Posted - 2011.03.17 22:28:00 - [144] Edited by: Tutskii on 17/03/2011 22:29:20 Originally by: Kei Darker Originally by: Roguehalo Scam would mean instaban and the funds would be sent to The Red Cross regardless. There are limits to Eves' 'anything goes' morality I don't think this is true... "If someone uses this initiative to scam you, then please report it immediately through a petition ingame. Our game masters will permanently ban anyone who uses this initiative for helping the victims of the disaster to scam other players. Not only is this unethical behavior, it also potentially reduces the amount of money our players are able to send to donate, which is unacceptable." http://wiki.eveonline.com/en/wiki/PLEX_for_GOOD Doesn't get any safer than that. Edit: Originally by: Amarr Citizen 155 Slight correction, this donation was made on behalf of myself, Ray, and about 1,300 caring eve players. This brought a big smile to my face, its good to know that Eve has such a caring player base.
Kei Darker	Posted - 2011.03.18 02:49:00 - [145] Originally by: Tutskii Edited by: Tutskii on 17/03/2011 22:29:20 Originally by: Kei Darker Originally by: Roguehalo Scam would mean instaban and the funds would be sent to The Red Cross regardless. There are limits to Eves' 'anything goes' morality I don't think this is true... "If someone uses this initiative to scam you, then please report it immediately through a petition ingame. Our game masters will permanently ban anyone who uses this initiative for helping the victims of the disaster to scam other players. Not only is this unethical behavior, it also potentially reduces the amount of money our players are able to send to donate, which is unacceptable." http://wiki.eveonline.com/en/wiki/PLEX_for_GOOD Doesn't get any safer than that. On the one hand, I think this policy is garbage from CCP's standpoint. They have a huge vested interest in reducing the number of PLEX that are actually used, and PLEX for Good is an enourmous ISK sink. CCP has no business making rules that say a program like VV's here can not end up being a scam. It's one thing to say a player can't pretend to actually be CCP gathering PLEX for Good. But quite another to say you can't scam other players with an initiative. The excuse that it unethical behaviour is garbage as well. If CCP wants to hold tight to their assertion that ISK is an in-game only asset and has no real world value... they can't make policies like this one. Then again, the news that a program like this is against the rules to scam is actually great news. Here's why: since this is a special case where scamming isn't possible because it's a bannable offense, there's no real reason to have Chribba or Grendell involved as third parties anymore. There's no reason to make the fund secure at all, really. Amiright? VV can now hold all of the PLEX and ISK, audit himself, do all of his own reporting, and just post in the forums the total PLEX donated. There's no way possible that he could profit from it! So that's all good...
Lando Antilles	Posted - 2011.03.18 03:32:00 - [146] Originally by: Kei Darker (CCP) have a huge vested interest in reducing the number of PLEX that are actually used I think you underestimate the benefits of tax write-offs and publicity. If I were CCP, I'd want the max possible donated.
Kei Darker	Posted - 2011.03.18 03:40:00 - [147] Originally by: Lando Antilles Originally by: Kei Darker (CCP) have a huge vested interest in reducing the number of PLEX that are actually used I think you underestimate the benefits of tax write-offs and publicity. If I were CCP, I'd want the max possible donated. I guess I worded that a little differently than what I meant. By "used", I meant redeemed for game-time. CCP would want the max possible donated; it would give them a nice tax write-off, sink a bunch of ISK, and players would still have to eventually pay for their game time. Hah... in a way they are aggregating tax write-offs from the players - who can not claim a PLEX donation on their taxes.
Lando Antilles	Posted - 2011.03.18 04:02:00 - [148] Originally by: Kei Darker they are aggregating tax write-offs from the players - who can not claim a PLEX donation on their taxes. true. But who actually itemizes in the US anyway?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.18 08:28:00 - [149] Edited by: Vaerah Vahrokha on 18/03/2011 08:31:21 Originally by: Kei Darker VV, don't take this the wrong way, I am just curious... how much of those funds do you directly have access to? i.e. Hypothetically, how much could you withdraw into your personal account? I have direct access to 100% of the above stated assets. Those in the hands of the other Sister funds or held by Chribba etc. are other assets not listed above. Originally by: Kei Darker On the one hand, I think this policy is garbage from CCP's standpoint. They have a huge vested interest in reducing the number of PLEX that are actually used, and PLEX for Good is an enourmous ISK sink. CCP has no business making rules that say a program like VV's here can not end up being a scam. It's one thing to say a player can't pretend to actually be CCP gathering PLEX for Good. But quite another to say you can't scam other players with an initiative. The excuse that it unethical behaviour is garbage as well. If CCP wants to hold tight to their assertion that ISK is an in-game only asset and has no real world value... they can't make policies like this one. Then again, the news that a program like this is against the rules to scam is actually great news. Here's why: since this is a special case where scamming isn't possible because it's a bannable offense, there's no real reason to have Chribba or Grendell involved as third parties anymore. There's no reason to make the fund secure at all, really. Amiright? VV can now hold all of the PLEX and ISK, audit himself, do all of his own reporting, and just post in the forums the total PLEX donated. There's no way possible that he could profit from it! So that's all good... Why I asked to Chribba and Grendell: to reduce the risk of something happening me that makes me unable to ever log in again. This involves any cause: scamming, earthquakes, incidents... everything. Splitting the risk among 3 persons would be the best route. There's currently an heavy imbalance about this concept, donors are sending the greatest majority of stuff to me and when I asked them (see previous pages) if they preferred I'd split the assets and send them over to Chribba and Grendell, they said no. Finally, if I wanted to scam all of this, I'd have. There are many ways to make CCP's investigations hard or even almost impossible and some ill intentioned mo-fos would even scam this just to become e-famous outside of EvE. Even if it costed 1 of their accounts (big deal, eh?). So, in the end, it's just a matter of trust. This can't even be "audited" or whatever (beyond checking the stated amounts). What will make me honor this initiative: 1) I have been teached in a certain way. It might be an outdated way by today's "morals" of "I do this because I can" but I am quite comfortable with my teachings. 2) It'd be stupid to be just another and worse Bad Bobby. Being deceptive and evil is so plain and normal. Think different. 3) I want to prove people can be good in EvE. Being proved wrong is something that annoys me to no end. 4) I am not even mentioning the asinine amounts of time I spent setting up this whole thing. To see it all wasted for some "lol-I-am-so-smart-I-scammed-you" 5 minutes of fame? Forget it. 5) What gives me fun at playing EvE, my sandbox, is to create new ideas, see people use them, setup a game financial universe and yet introduce my other MMO's "ethics". It'd be quite stupid to give up on this. It's 80% of the reason for me to play EvE at all. Originally by: Amarr Citizen 155 Slight correction, this donation was made on behalf of myself, Ray, and about 1,300 caring eve players I automatically give credit to the entity that sent me the donation unless otherwise indicated. If you want me to change your name with EBANK or whoever else, please reply with the new name and I'll edit everything. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Kei Darker	Posted - 2011.03.18 11:48:00 - [150] It's all good V. :) I think you're on the right track with this whole thing, and the fact that you can't scam makes it even better. Even though I hate the whole concept of having real world consequences in a game. There's just so so many things wrong with that idea. At least it's for a good cause. Keep drumming up support. Also, I think you really should consider just running the fund 100% yourself. Just makes things easier to keep track of. Best of luck.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.18 12:30:00 - [151] Originally by: Kei Darker It's all good V. :) I think you're on the right track with this whole thing, and the fact that you can't scam makes it even better. Even though I hate the whole concept of having real world consequences in a game. There's just so so many things wrong with that idea. At least it's for a good cause. Keep drumming up support. Also, I think you really should consider just running the fund 100% yourself. Just makes things easier to keep track of. Best of luck. I could scam, believe me. I don't want to give people false sense of security (proof that I suck as scammer ). About the "running the fund 100% yourself": the Sister Funds are the most sensible way to make a concerted effort. After the dust will settle, donations to this fund will reduce a lot and then they'll slowly become larger. I pondered - a lot - about forming a Board of Directors. The Articles of Incorporation and Bylaws even support forming a BoD. But I am not going to make such BoD actual in game directors (I'd use them to take decisions), there is no way to enforce them to always participate to unlocks, votes and so on. After several months, when routine settles in and attention fades, one of them could pull a Bad Bobby. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Caldariftw123	Posted - 2011.03.18 12:58:00 - [152] Originally by: Vaerah Vahrokha Originally by: Kei Darker It's all good V. :) I think you're on the right track with this whole thing, and the fact that you can't scam makes it even better. Even though I hate the whole concept of having real world consequences in a game. There's just so so many things wrong with that idea. At least it's for a good cause. Keep drumming up support. Also, I think you really should consider just running the fund 100% yourself. Just makes things easier to keep track of. Best of luck. I could scam, believe me. I don't want to give people false sense of security (proof that I suck as scammer ). About the "running the fund 100% yourself": the Sister Funds are the most sensible way to make a concerted effort. After the dust will settle, donations to this fund will reduce a lot and then they'll slowly become larger. I pondered - a lot - about forming a Board of Directors. The Articles of Incorporation and Bylaws even support forming a BoD. But I am not going to make such BoD actual in game directors (I'd use them to take decisions), there is no way to enforce them to always participate to unlocks, votes and so on. After several months, when routine settles in and attention fades, one of them could pull a Bad Bobby. Don't do that, definitely no director roles! A BOD might be interesting, but I'd see it more as a conglomerate of sorts, like OPEC are (except it'd be more like Organisation of Contributing Charitable Funds or something :D have to think of a better one for that ..) rather than an official corporate body formed between those 'sister companies' CEOs. That leave you running the main initiative but with a group to fall back upon for policy or direction changes or even just for pooling interests and talent.
Viaris Caldari Global Economy Experts Stellar Economy Experts	Posted - 2011.03.18 16:06:00 - [153] Originally by: Roguehalo It all helps to drum up a bit of publicity and possibly drag in more donations. Ok I know there are trillionaires out there........who's gonna beat 27b? GIVING 50b isk for your PLEXes towards Japan donation 50b personal isk going out to the victims in Japan. Anyone cares to help turn that into 150 PLEXes? Cheers, Viaris Chief Executive Officer Global Economy Experts Stellar Economy Experts
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.18 16:21:00 - [154] Originally by: Viaris Originally by: Roguehalo It all helps to drum up a bit of publicity and possibly drag in more donations. Ok I know there are trillionaires out there........who's gonna beat 27b? GIVING 50b isk for your PLEXes towards Japan donation 50b personal isk going out to the victims in Japan. Anyone cares to help turn that into 150 PLEXes? Cheers, Viaris Just send it to CCP. they will buy plexes with it. Or send it to VW for a new record and a bit more publicity.!!
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.18 18:04:00 - [155] Originally by: Viaris Originally by: Roguehalo It all helps to drum up a bit of publicity and possibly drag in more donations. Ok I know there are trillionaires out there........who's gonna beat 27b? GIVING 50b isk for your PLEXes towards Japan donation 50b personal isk going out to the victims in Japan. Anyone cares to help turn that into 150 PLEXes? Cheers, Viaris Giving 50B is not advisable. CCP stated they'll actually use it to purchase PLEXes off the market. Since they'll do on March 31, a steep rise in PLEXes is going to tangibly reduce the buying potential of such a large sum. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Kei Darker	Posted - 2011.03.18 21:02:00 - [156] Originally by: Vaerah Vahrokha Giving 50B is not advisable. CCP stated they'll actually use it to purchase PLEXes off the market. Since they'll do on March 31, a steep rise in PLEXes is going to tangibly reduce the buying potential of such a large sum. End result of this economics is the same. Buying now means your contribution is larger in PLEXes, but drives up the price of PLEX, resulting in future buyers contributions to be smaller, whereas waiting allows others to have a a larger contribution per ISK, and yours would be smaller. However, the total amount of ISK spent on the market for PLEX will be the same and the total number of PLEX will also be the same. Supply and demand at its finest. Still... just buy them now and donate them. before you can change your mind. besides... who doesn't want their contribution to be as large as possible. There is no such thing as a selfless act so you'll feel better when your contribution is worth the most possible.
Caldariftw123	Posted - 2011.03.18 21:06:00 - [157] Originally by: Kei Darker Originally by: Vaerah Vahrokha Giving 50B is not advisable. CCP stated they'll actually use it to purchase PLEXes off the market. Since they'll do on March 31, a steep rise in PLEXes is going to tangibly reduce the buying potential of such a large sum. End result of this economics is the same. Buying now means your contribution is larger in PLEXes, but drives up the price of PLEX, resulting in future buyers contributions to be smaller, whereas waiting allows others to have a a larger contribution per ISK, and yours would be smaller. However, the total amount of ISK spent on the market for PLEX will be the same and the total number of PLEX will also be the same. Supply and demand at its finest. That would only be true if people buy up an amount of plex matching his donation at the end of a price rise. If he is donating 3 times as many as are bought during the last week (and presumably at the highest price) then the overall amount of plexes donated would be higher than if HIS purchase was done later after the price has already risen.
Krythas	Posted - 2011.03.20 00:43:00 - [158] Just a bump. Also, looking at the potential increase in prices of PLEX, would it be a good idea to start converting some of the liquid ISK to PLEX earlier than do it later in bulk ? (or is this already underway ?)
Barbicane TGUN Industries	Posted - 2011.03.20 09:20:00 - [159] Quote: 2) Contract assets of 10M (ten millions) or above in value to: VahrokhÆs Emergencies Relief Trust (not to Vahrokh Financial Technologies). Any high security system will do, though main trade hubs are preferred. I have contracted some long unused mission ships and stuff. I'm sorry I don't have time to move them to more convenient locations but at least they are in highsec. Hope you have time to liquidate some of it for the Japan campaign. If not, no worries, just keep it for the future. Btw, the corp name above is misspelled. The apostrophe in Vahrokh's should be changed from ¦ to '.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.20 15:54:00 - [160] Originally by: Krythas Just a bump. Also, looking at the potential increase in prices of PLEX, would it be a good idea to start converting some of the liquid ISK to PLEX earlier than do it later in bulk ? (or is this already underway ?) The PLEX prices peak is not random, it's here because vile opportunists want to make more virtual money on the skins of RL distressed populations. I find it quite despisable but market is based on greed and fear, so nothing I can do here. Anyway stuff is brewing up. Despite the nasty odds of having to buy on spiking prices I used some technical analysis to buy some short dips. So far despite having been forced to use sell orders, I saved about 5% (going very approximate) over what I should have spent even using buy orders. The net result is that I sgnatched 1 more PLEX. I might manage to sgnatch 1 more but the fight to give more results to the Kind Donors will be much harder soon. I'll need to resort to Tutskii's offer to help. I sent an eve-mail to that regard. Originally by: Barbicane I have contracted some long unused mission ships and stuff. I'm sorry I don't have time to move them to more convenient locations but at least they are in highsec. Hope you have time to liquidate some of it for the Japan campaign. If not, no worries, just keep it for the future. I want to wholeheartedly thank you. You sent in a great deal of value, I think several billions worth of stuff (the "unused ships" are not a Drake, but fitted CNR + fitted Golem, deadspace mods and similar). Though I don't think I am going to be able to liquidate rigged ships, deadspace mods and the other items (checked @Jita, 2-4 of those >100M a pop items sold per day, buys are like 40M and I am not going to waste them like that) by the deadline. What will be left will be slowly liquidated for the next initiative or I might even "purchase" some of it for my Caldari missioneer (ie I swap the ship for my money and the money goes to the charity). I think it's better than just dumping the whole deal. Or maybe I find someone who needs the whole ships. Anyway it's going to be liquidated for the next distaster - and we know there will be. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.20 18:01:00 - [161] I'm in the market for a fitted Golem since I'm going to start running missions again. If it's in high sec please contract it to me at market price.
RAW23	Posted - 2011.03.20 18:44:00 - [162] And I'll take the Raven. Contract it to me at whatever you assess market price to be.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.20 21:00:00 - [163] @Above I am going to log in tomorrow. I'll post the ships fittings so you can tell me what do you want of them. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
RAW23	Posted - 2011.03.20 21:37:00 - [164] Originally by: Vaerah Vahrokha @Above I am going to log in tomorrow. I'll post the ships fittings so you can tell me what do you want of them. I'll take the Raven however it is currently fitted. Anything I don't want I can sell off in my own time.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.21 12:25:00 - [165] For transparency sake, here are the ships and their cargo: [Golem, Deadspace PvE] Signal Amplifier II Caldari Navy Ballistic Control System Caldari Navy Ballistic Control System Caldari Navy Ballistic Control System Core B-Type 100MN Afterburner Gist B-Type X-Large Shield Booster Dread Guristas Invulnerability Field Pith X-Type Photon Scattering Field Gist X-Type Shield Boost Amplifier Target Painter II Phased Weapon Navigation Array Generation Extron Siege Missile Launcher II, Mjolnir Torpedo Siege Missile Launcher II, Mjolnir Torpedo Siege Missile Launcher II, Mjolnir Torpedo Siege Missile Launcher II, Mjolnir Torpedo Medium 'Solace' I Remote Bulwark Reconstruction Drone Link Augmentor I Small Tractor Beam I Large Hydraulic Bay Thrusters I Large Rocket Fuel Cache Partition I Hammerhead II x5 Hobgoblin II x5 2085 x Bane Javelin Torpedo 1909 x Inferno Javelin Torpedo 1872 x Juggernaut Javelin Torpedo 1452 x Mjolnir Javelin Torpedo [Raven Navy Issue, L4 PvE] Signal Amplifier II Damage Control II Ballistic Control System II Ballistic Control System II Ballistic Control System II 100MN Afterburner II Estamel's Modified Large Shield Booster Dread Guristas Heat Dissipation Field Dread Guristas Kinetic Deflection Amplifier Gist X-Type Photon Scattering Field Gist X-Type Shield Boost Amplifier Cruise Missile Launcher II, Paradise Cruise Missile Cruise Missile Launcher II, Paradise Cruise Missile Cruise Missile Launcher II, Paradise Cruise Missile Cruise Missile Launcher II, Paradise Cruise Missile Cruise Missile Launcher II, Paradise Cruise Missile Cruise Missile Launcher II, Paradise Cruise Missile Cruise Missile Launcher II, Paradise Cruise Missile Drone Link Augmentor I Large Capacitor Control Circuit I Large Capacitor Control Circuit I Large Capacitor Control Circuit I Hammerhead II x5 Hobgoblin II x5 2500 x Cataclysm Cruise Missile 135 x Devastator Cruise Missile 2300 x Paradise Cruise Missile 2084 x Wrath Cruise Missile 700 x Dragon F.O.F. Cruise Missile I 300 x Hunter F.O.F. Cruise Missile I I hope not to have typoed anything, those interested are strongly advised to quadruple check them before accepting. As for the prices, I'll dig contracts later, gotta go lunch now. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.21 14:37:00 - [166] Thx for the info. I'll offer 2.6b for the Golem. If that's acceptable contract it please.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.21 18:09:00 - [167] Originally by: Roguehalo Thx for the info. I'll offer 2.6b for the Golem. If that's acceptable contract it please. By checking contracts for second lowest price + considering the ship unrigged + ignoring the Core B-Type 100MN AB (I did not find any in contracts) JEvEassets tells the ship is worth 2.705B. Ignoring the AB that is. I'd have hoped for a sligthly more... aligned offer if possible. Since your deal is "instant" though, I may have to accept it in order to make in time for the running CCP initiative. I kindly ask you to put an hand on your heart though, if possible. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Barbicane TGUN Industries	Posted - 2011.03.21 18:18:00 - [168] Thanks guys, Roguehalo and RAW23, for offering to buy these ships, saving time for VV and making me feel better for dumping them on her . The Golem served me well in many L4 missions years ago but I couldn't say how it would fare today. The CNR is more of an experimental fit as I recall it. As for the value, I have no idea. I'm totally out of touch with that market.
Liberty Eternal	Posted - 2011.03.21 18:18:00 - [169] Originally by: Vaerah Vahrokha I'd have hoped for a sligthly more... aligned offer if possible. I kindly ask you to put an hand on your heart though, if possible. lol VV, he already put his hand on his heart and donated 10 bil. Accept his offer and whatever the price difference is, evemail it to me and I'll make it up
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.21 18:31:00 - [170] Originally by: Liberty Eternal Originally by: Vaerah Vahrokha I'd have hoped for a sligthly more... aligned offer if possible. I kindly ask you to put an hand on your heart though, if possible. lol VV, he already put his hand on his heart and donated 10 bil. Accept his offer and whatever the price difference is, evemail it to me and I'll make it up I have to be a damn biatch, I am using T.A., friends, everything to scoop up those 1-2 more PLEXes. You are right, if you send 100M I'll take it as "delta" and will happily contract the ship to Rogue Halo. Yes, indeed he put his hand on heart a lot and those who will benefit from his generosity should be glad that in the nastiest MMO out there, there are unknown guys capable of such gestures. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.21 19:22:00 - [171] I want to publicly apologize to Roguehalo. He has done so much, I should not have pushed him for more like that. Sorry Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.21 21:57:00 - [172] Thanks to Liberty Eternal, contract for 2.6B set up to Roguehalo. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
RAW23	Posted - 2011.03.21 23:10:00 - [173] Originally by: Vaerah Vahrokha @RAW23 I finally managed to find a price for the CNR (rigs not considered): 1,545,542,449.82. If you are fine with a price around that, it's deal. I'll take your word on the price :-) Contract to Kara please and I'll accept as soon as it hits.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.21 23:45:00 - [174] Edited by: Vaerah Vahrokha on 21/03/2011 23:47:18 Added a batch (!) of donations, confirmed receipt of 2.6B by Roguehalo, made contract to Raw 23. BTW Barbicane also donated more navy stuff, a T2 ship, some spare deadspace or faction items, T2 ammo... I am humbled before such display of generosity. Off Barbicane, off Roguehalo, off RAW23... @Raw23: ship contracted. The only item I had difficutly giving a value was the Estamel item, there are no contracts, I found no history in known high end contractors so I searched in the sell orders. The last sold for 700M and another for 500M. I gave it a value of 500M, hope you'll feel the prices fair enough. Edit: Contract to Roguehalo screenshot. Contract to RAW23 / Kara Roideater screenshot. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.22 21:13:00 - [175] Updates: 1) I updated donors list. 2) As soon as cooldowns will let me, I'll post a listing of other misc items Barbicane has donated. If anyone wants any, they'll be welcome. 3) I have read the wildest figures about the amounts I hold. They are wrong. There's a now outdated estimate at this post. Since it does not seem to be clear enough I will explain it better. There's a hierarchy of corporations all under a common umbrella called "Vahrokh Group". That post listed the total group exposition, which is NOT the NAV. It's the sum of 3rd party assets (collaterals, BPOs in research) + Charity fund NAV. 4) In order to make things clearer I will post a statement of assets in a pair of days, ATM some of my API cooldowns are being shared by a running audit so I have to play with the cooldowns to squeeze in the reading and to search contracts again for the Barbicane donated items. For the moment, there is a screenshot of cash + PLEXes accrued so far. Once the statement of assets is out I'll send the PLEXes. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Edwin Rothbard Interstellar Arbitrage	Posted - 2011.03.23 15:09:00 - [176] Donated 1 share of EDSTC stock to your fund. Also sent this weeks dividend payment of 1,676,636 isk. The stock + dividends are donated in the name of Misty McGinnity since she returned her share to the corp. There are two more weekly dividend payments scheduled. There will also be a share buyback on the April 5th when the trading company is wound down. regards, Edwin (on Misty's behalf!)
Misty McGinnity Mystify Trading Company	Posted - 2011.03.24 05:58:00 - [177] fair enough too. ill donate all of misty's corp assets to the fund also. sad news folks: i have to biomass misty to make room for a new pilot. ill roll a new troll alt soon enough. on topic. VV nice haul.
Tutskii	Posted - 2011.03.24 07:10:00 - [178] Originally by: Misty McGinnity fair enough too. ill donate all of misty's corp assets to the fund also. sad news folks: i have to biomass misty to make room for a new pilot. ill roll a new troll alt soon enough. on topic. VV nice haul. .
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.24 09:50:00 - [179] Thank you to the additional donors! Since the "pulse donations" to this charity for the PLEX for Japan initiative seem to have reduced in volume (not in nobleness of the act!) I think I am going to close the accounting month on Monday March 28 23:59 EvE time. If anyone has a sizable donation to do for the running initiative please do it before that term. As for the share donation, I am going to put it in the Dividends Receivable voice of the accounts. Since it's been a donation of an equity that should always have a net gain >= 0 I think the charity may accept it. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
MailDeadDrop The Collective	Posted - 2011.03.24 15:57:00 - [180] Originally by: Vaerah Vahrokha 22/03/2011 21:13:00 2) As soon as cooldowns will let me, I'll post a listing of other misc items Barbicane has donated. If anyone wants any, they'll be welcome. Did I miss this list somewhere? MDD
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.24 18:22:00 - [181] Originally by: MailDeadDrop Originally by: Vaerah Vahrokha 22/03/2011 21:13:00 2) As soon as cooldowns will let me, I'll post a listing of other misc items Barbicane has donated. If anyone wants any, they'll be welcome. Did I miss this list somewhere? MDD No, you missed the cooldowns and the time to prepare it. It's now publicly available as Excel sheet on GoogleDocs at this address. Keys to the list: 1) Prices refer to today's Jita sell min or buy max (for items with no sell min). I am going to accept less than the buy max for the illiquid items, just send / make an offer. 2) The items are not in Jita and I can't move them. The items location is indicated, so you know what is going to cost you to move them away and you may make an informed price based on that. Anyone who accepts, I won't disclose their name until the item has been moved off (just in case). 3) One of the items is a fitted Muninn, the "container" column basically says what's fitted on it. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
MailDeadDrop The Collective	Posted - 2011.03.24 21:40:00 - [182] Just to make sure one of us hasn't suffered a "technical malfunction", please confirm there's 35 rows in that spreadsheet. Also, if you change the URL's "&hl=it" to "&hl=en" it is much easier for us to read. MDD
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.24 21:56:00 - [183] Originally by: MailDeadDrop Just to make sure one of us hasn't suffered a "technical malfunction", please confirm there's 35 rows in that spreadsheet. Also, if you change the URL's "&hl=it" to "&hl=en" it is much easier for us to read. MDD I set it to en, I did not see any difference though shrugs Anyway you have no idea how superlatively annoying are all those sites that pretend to "help" by infiltrating badly localized features all over the place. I wish I could turn it off. Second, there are indeed 35 rows. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
MailDeadDrop The Collective	Posted - 2011.03.24 22:03:00 - [184] Originally by: Vaerah Vahrokha I set it to en, I did not see any difference though shrugs It makes a difference -- Google Docs labels are now in English rather than Italian (content is still English obviously). MDD
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.24 22:17:00 - [185] Originally by: MailDeadDrop Originally by: Vaerah Vahrokha I set it to en, I did not see any difference though shrugs It makes a difference -- Google Docs labels are now in English rather than Italian (content is still English obviously). MDD Well, in my browser I see the labels in Italian even after the change Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.25 18:45:00 - [186] Announcement Individuals have decided to go around New Eden posting about this initiative, links etc. in local. Please beware that they are in no way authorized nor endorsed. The money they will gather will NOT be forwarded to the charity, they will keep it! If you see anyone spamming local with this initiative please report them to CCP! Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.25 21:16:00 - [187] Hulking donation coming off Rykker Bow! He donated basically all what he had, for a total of 40B! Fourty billions!! I would love to find words to talk about this but... I am just left speechless. I'll just let the hard number talk by itself. He rigthfully takes the crown of Top Donor 2011 and right in time to help those poor Japanese guys whose pains seem to know no end. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Roguehalo Caldari Deep Core Mining Inc.	Posted - 2011.03.25 21:41:00 - [188] Ok I'll match the next 10b donations. So if somebody donates a bill I'll match it up to a limit of 10b.
Breaker77 Gallente Reclamation Industries	Posted - 2011.03.26 15:26:00 - [189] Congrats VV, you just had your name an avatar on the big screen in the CCP Presents event going on now when they mentioned the Plex For Good program. I guess you are now CCP endorsed
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.26 19:55:00 - [190] Originally by: Breaker77 Congrats VV, you just had your name an avatar on the big screen in the CCP Presents event going on now when they mentioned the Plex For Good program. I guess you are now CCP endorsed I heard of this event. I missed it though Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.27 20:46:00 - [191] Today I received a further 500M donation from Far Ranger [FARR] corporation. Thank you everyone for the strong support. It was not just my face to be shown at Fanfest, it was your sacrifices. Concerted efforts for the good of people in need is the best answer to the ruthless game where everyone looks after himself. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
RAW23	Posted - 2011.03.27 21:17:00 - [192] Originally by: Vaerah Vahrokha Hulking donation coming off Rykker Bow! He donated basically all what he had, for a total of 40B! Fourty billions!! I would love to find words to talk about this but... I am just left speechless. I'll just let the hard number talk by itself. He rigthfully takes the crown of Top Donor 2011 and right in time to help those poor Japanese guys whose pains seem to know no end. That's a pretty incredible donation!
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.28 13:01:00 - [193] Updates: 1) Anyone willing to send a last minute donation for Japan please send it by Monday March 28 23:59 EvE time. Donations made past that term will be put aside for the next campaings. 2) There are 530,283,834.23 ISK left to convert into PLEXes. This equals to 1 PLEX plus something. If anyone would like to make it become 2 PLEXes feel free to. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Samroski Games Inc.	Posted - 2011.03.29 14:30:00 - [194] Originally by: Vaerah Vahrokha If anyone would like to make it become 2 PLEXes feel free to. I'll donate the amount needed to buy the last PLEX.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.29 20:37:00 - [195] Edited by: Vaerah Vahrokha on 29/03/2011 20:37:05 Originally by: Samroski Originally by: Vaerah Vahrokha If anyone would like to make it become 2 PLEXes feel free to. I'll donate the amount needed to buy the last PLEX. The term for sending donations for PLEX for Good: Japan has expired. From now on future donations will be put aside for the next emergency. I stayed conservative on the terms, predicting CCP would do something to put themselves in a bad situation. Indeed they seem to have done so. Despite obviously expecting a spike of PLEXes donations at the last minute, they still felt like advertising the initiative on the log in page (without increasing the allocated personnel) and now they are lagging behind. I still have my last contract not accepted yet. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Delta Bacat	Posted - 2011.03.30 15:21:00 - [196] Great initiative VV, one question though: 2) The at the CCP campaign announcement, MRVAHFTFF016 fund's assets are liquidated and the resulting capital all converted into PLEXes to send to CCP. Isn't a steady purchasing of PLEX better than a one time market buy-out? I have a few reasons for asking: PLEX RL value given to the drive will always be based on the subscription rate (no devaluation, might be inflation correction even) PLEX ISK value is market dependent. If you start buying out bulks of them during a drive, your PLEX buying power will decline (dramatically?) PLEX availability is not endless, you might not be able to spend all accumulated wealth during a drive. PLEX demand will increase during a drive (making previous two points worse) as other players will do what you are doing too. So have you considered this and what are the reasons for your current buying strategy? Sorry if this was already asked and answered in the previous 7 pages, could you please motivate and update this in your OP as I couldn't find anything about it. Excellent initiative and good luck!
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.30 19:31:00 - [197] Originally by: Delta Bacat Great initiative VV, one question though: 2) The at the CCP campaign announcement, MRVAHFTFF016 fund's assets are liquidated and the resulting capital all converted into PLEXes to send to CCP. Isn't a steady purchasing of PLEX better than a one time market buy-out? I have a few reasons for asking: PLEX RL value given to the drive will always be based on the subscription rate (no devaluation, might be inflation correction even) PLEX ISK value is market dependent. If you start buying out bulks of them during a drive, your PLEX buying power will decline (dramatically?) PLEX availability is not endless, you might not be able to spend all accumulated wealth during a drive. PLEX demand will increase during a drive (making previous two points worse) as other players will do what you are doing too. So have you considered this and what are the reasons for your current buying strategy? Sorry if this was already asked and answered in the previous 7 pages, could you please motivate and update this in your OP as I couldn't find anything about it. Excellent initiative and good luck! I'll tell you how I have done. Since I rely on Donors for a large part of the charity capital, I have to adapt to how the PLEX market is when I get the donations. I.e. a large part of the money arrived during a 368M spike up. I applied the concepts I exposed in this Technical Analysis thread and so I managed to get a lot for about 355M+. Then an huge part of money arrived too late to buy it at 355M, prices started at 368M but would quickly escalate up to 376M. With dozens of billions to buy, you may imagine how easy it would be for me to buy out the 368M PLEXes then up to 376M and then even higher. I used Technical Analysis again to buy them for up to 5-10M less a piece. I also travelled across all hi sec to find good deals, from Jita to Dodixie (and regions nearby), from Hek to Rens to Ammatar to Amarr to Tash-Murkon. So, I didn't have the luxury for gradual purchase, else I'd have bought the PLEXes at 270M. I bought them in chunks and in different regions so I avoided spiking i.e. Jita to crazyness. Hope this answers your question. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.30 20:26:00 - [198] Since CCP after my inquiry resumed accepting contracts, I have finished sending the PLEXes. Tomorrow I'll post a video presentation for the general public about: - What VAERT is (not all the intended audience are MD-ers). - Top donors - The sequence of contracts being sent, as proof of really having sent the PLEXes to CCP. Even if it's not a flashy PvP video, it's been quite of a challenge to make it, I hope someone will find it decent. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Mister Rocknrolla	Posted - 2011.03.31 01:45:00 - [199] Was the purchase/conversion of GTCs considered as part of this project? Wondering, as the high test price I recall seeing over the last few weeks was 700M/GTC. Seems like that may have added some efficiency. Either way, nicely done.
Caldari FTW123	Posted - 2011.03.31 10:55:00 - [200] Originally by: Mister Rocknrolla Was the purchase/conversion of GTCs considered as part of this project? Wondering, as the high test price I recall seeing over the last few weeks was 700M/GTC. Seems like that may have added some efficiency. Either way, nicely done. Buying a GTC from the forum applies it automatically to the purchasing account sadly, you cannot convert it to a plex.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.31 20:23:00 - [201] Here we go. I uploaded an high definition presentation / slide show / video clip about VAERT, Donors and how many PLEXes have been donated. It's available on my Youtube Channel I hastily cobbled up together: Linkage I strongly suggest to watch it in high def, else the smallest writings won't be visible. P.S. Yes, the channel is red, as I am red. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Caldari FTW123	Posted - 2011.03.31 22:05:00 - [202] Well done VV! You should be proud. The video was pretty cool actually, atmosphere was nice and was cool seeing all the background goings on (I do love EVE)
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.03.31 22:42:00 - [203] Originally by: Caldari FTW123 Well done VV! You should be proud. The video was pretty cool actually, atmosphere was nice and was cool seeing all the background goings on (I do love EVE) Right before I go to bed: Yeah I put some general EvE videos because my other MMOs friends don't play EvE and I want them to see how it is. Also, the first part up to the titan was done when I was few weeks to some months "old", it's why I go proudly ahead in 0.0 with... a Rupture Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.01 08:24:00 - [204] Some brief notes: 1) I will post more info about the results of the donations as soon as my RL time allows for it. 2) I received more little donations. These will go to the next CCP emergency relief campaign. 3) I also received an anonymous donation. I'd like to thank the small donors, your million is probably costed you more than the billion of someone else. I will respect your desire to stay anonymous but know that you are highly appreciated none the less. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.01 21:21:00 - [205] A Vahrokh Group Subsidiary PRESS RELEASE April 01, YC 113 Vahrokh's Emergency Relief Trust forwarded 245 PLEXes to CCP President's statement It's with great pleausure that I announce the official results of VAERT's PLEX for Good: Japan initiative. Thanks to the Donors, we have gathered and sent 245 PLEXes to CCP. The whole operation has been documented on Vahrokh's Youtube channel with this video: Link. Some salient data to give an idea about the scale of the operation: PLEXes sent: 245 not counting Sister Funds and Donations Holders own operations. PLEX value at the time of the transaction: 374M. Value of the donation in ISK: 91.63B. Equivalent value of the donation: $4,286 () Top donation: 40B, by Rykker Bow. Maximum cash in wallet: 50.52B PLEXes directly sent to the charity: 89 () Having used the techniques explained in the RL Technical Analysis thread, 50.52B of cash donations have purchased 58.344B worth of PLEXes. This means a realized plusvalence of 7.824B or 15.5% has been made available to buy about 21 more PLEXes. Of course nothing, nothing of this would have been possible without the Donors. Thank you, Donors, from me and those you will have brought a little spark of hope. Vaerah Vahrokha, President ------------------ () Assuming GTCs sold at $34.99. (**) Excluding those off Sister Funds but including the fund starter PLEX. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Block Ukx Forge Laboratories	Posted - 2011.04.02 01:04:00 - [206] Originally by: Vaerah Vahrokha The whole operation has been documented on Vahrokh's Youtube channel with this video: Link. Is this your proof that donations were sent to ccp? BSAC Stock Exchange - EVE's only real-time stock exchange
Breaker77 Gallente Reclamation Industries	Posted - 2011.04.02 01:10:00 - [207] Originally by: Block Ukx Originally by: Vaerah Vahrokha The whole operation has been documented on Vahrokh's Youtube channel with this video: Link. Is this your proof that donations were sent to ccp? I'd say that and the fact that VV isn't banned for scamming with the PFG program. Remember VV was posted at fanfest as part of the PFG program. I'm pretty sure CCP would follow up if it was a scam.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.02 10:12:00 - [208] Originally by: Block Ukx Originally by: Vaerah Vahrokha The whole operation has been documented on Vahrokh's Youtube channel with this video: Link. Is this your proof that donations were sent to ccp? Here are the well readable screenshots of it. They are in lossless PNG format (> 1MB download each) and with transparencies showing through so you can easily see if they are photoshopped or not. If you have a better idea, please show me. The same better idea would work wonders as proof of BSAC assets as well, so we'd catch two birds with one stone . Pictures: Link 01 Link 02 Link 03 Link 04 Link 05 Link 06 Link 07 Link 08 Link 09 Link 10 Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Block Ukx Forge Laboratories	Posted - 2011.04.02 13:39:00 - [209] Edited by: Block Ukx on 02/04/2011 13:43:08 You should know perfectly well that screenshots do not constitute a proof of anything. We stop using screenshots as proofs a long time ago. Would you be accepting screenshots as proof of assets from now on? BSAC Stock Exchange - EVE's only real-time stock exchange
Caldari FTW123	Posted - 2011.04.02 13:57:00 - [210] Originally by: Block Ukx Edited by: Block Ukx on 02/04/2011 13:43:08 You should know perfectly well that screenshots do not constitute a proof of anything. We stop using screenshots as proofs a long time ago. Would you be accepting screenshots as proof of assets from now on? What would be a better form of proof for this? If you have a better suggestion it'd be good to hear so future PLEX For Good campaigns can be even smoother. Are CCP implementing contract API soon with all the changes they are making? That would make this a lot simpler.
Roguehalo Caldari Roguehalo Ship Brokers	Posted - 2011.04.02 14:11:00 - [211] Originally by: Block Ukx Edited by: Block Ukx on 02/04/2011 13:43:08 You should know perfectly well that screenshots do not constitute a proof of anything. We stop using screenshots as proofs a long time ago. Would you be accepting screenshots as proof of assets from now on? You are taking churlishness to new unknown depths
RAW23	Posted - 2011.04.02 16:14:00 - [212] Edited by: RAW23 on 02/04/2011 16:15:03 Originally by: Block Ukx Edited by: Block Ukx on 02/04/2011 13:43:08 You should know perfectly well that screenshots do not constitute a proof of anything. We stop using screenshots as proofs a long time ago. Would you be accepting screenshots as proof of assets from now on? This is one of those rare situations when you can check for yourself. Just put in a petition and if VV is still here a week later you have your proof. Edit - Also what Roguehalo said.
Myra2007 Millstone Industries	Posted - 2011.04.02 16:27:00 - [213] 1. Visit Youtube 2. Watch CCP Presents 3. Go to 07:17 and realize yeah ** right that's a picture of VV and Viaris on Hilmar's slide. 4. ???? 5. profit -- Originally by:** Professor Slocombe I will only buy tickets if the prize is your stuff and you leave Eve. Forever. You irritating self obsessed cretin.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.02 17:56:00 - [214] Edited by: Vaerah Vahrokha on 02/04/2011 17:56:23 Originally by: Block Ukx Edited by: Block Ukx on 02/04/2011 13:43:08 You should know perfectly well that screenshots do not constitute a proof of anything. We stop using screenshots as proofs a long time ago. Would you be accepting screenshots as proof of assets from now on? Could you please expand about YOUR idea about what I should do? There's no API to check contracts. Also, only my refusal to turn this thread into a troll fest prevents me from getting started about the hypocrisy about the utter lack of YOUR company proof of assets, which would just require an API check. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Block Ukx Forge Laboratories	Posted - 2011.04.02 18:27:00 - [215] Why is it that when I point a simple fact people turn around an attack me? Your video claims to be the ôproofö of your donations. I am not questioning whether or not the donations took place. That is ccpÆs job, and I hope they follow thru. I am simply pointing out that screenshots and videos proof of nothing. You claim yourself to be an æauditorÆ, so you must know that. IÆm 100% certain that if I provide screenshots as proof of my assets people will never stop laughing at me. Not sure why you have taken that road. BSAC Stock Exchange - EVE's only real-time stock exchange
Liberty Eternal	Posted - 2011.04.02 18:58:00 - [216] Originally by: Myra2007 1. Visit Youtube 2. Watch CCP Presents 3. Go to 07:17 and realize yeah **** right that's a picture of VV and Viaris on Hilmar's slide. 4. ???? 5. profit Hell yeah! This was a great effort and very humbling to realise just how decent some of the people on MD are. 91.63 bil raised is incredible - and nearly half from Rykker Bow alone. One day, I hope to beat that donation
Estel Arador	Posted - 2011.04.02 19:21:00 - [217] Originally by: Block Ukx Why is it that when I point a simple fact people turn around an attack me? Your video claims to be the ôproofö of your donations. I am not questioning whether or not the donations took place. That is ccpÆs job, and I hope they follow thru. I am simply pointing out that screenshots and videos proof of nothing. Given the limited options available, it is probably the closest possible approximation of 'proof'. Now I'll be the first to criticize VV whenever appropriate, but this is not a point where criticism is due, certainly not from someone who has flatly refused to give any (even flimsy) evidence of his claims.
RAW23	Posted - 2011.04.02 19:27:00 - [218] Originally by: Estel Arador Originally by: Block Ukx Why is it that when I point a simple fact people turn around an attack me? Your video claims to be the ôproofö of your donations. I am not questioning whether or not the donations took place. That is ccpÆs job, and I hope they follow thru. I am simply pointing out that screenshots and videos proof of nothing. Given the limited options available, it is probably the closest possible approximation of 'proof'. Now I'll be the first to criticize VV whenever appropriate, but this is not a point where criticism is due, certainly not from someone who has flatly refused to give any (even flimsy) evidence of his claims. This. Also, given the contents of this dev blog http://www.eveonline.com/devblog.asp?a=blog&bid=893 I imagine CCP has actually checked that the received the plexes from VV before going out of their way to thank her.
Block Ukx Forge Laboratories	Posted - 2011.04.02 20:46:00 - [219] Originally by: Estel Arador ... it is probably the closest possible approximation of 'proof'. I for one refuse to accept screenshots as 'proof' of donations. It can't be that difficult for ccp to post here and tell us how many plexes were donated. BSAC Stock Exchange - EVE's only real-time stock exchange
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.02 21:06:00 - [220] Edited by: Vaerah Vahrokha on 02/04/2011 21:08:05 Edited by: Vaerah Vahrokha on 02/04/2011 21:06:33 Quote: Your video claims to be the ôproofö of your donations. I am not questioning whether or not the donations took place. That is ccpÆs job, and I hope they follow thru. I am simply pointing out that screenshots and videos proof of nothing. You claim yourself to be an æauditorÆ, so you must know that As auditor I know that contracts cannot be checked and that video is as closest as a proof as possible (it's vastly harder to dynamically tamper with a video than photoshopping pictures and I provided both). API data can be checked instead, it's why you don't get spared criticism about your recluctance about doing that. Anyway if any CCP representative wants to discuss with me each single transaction, I'll have no problem explaining them and I invite them to contact me and officially post here their findings. What I can say is that there are 100M+ spare left on the account (100-160 ATM I can't check) since I could not find someone to pad them to a round PLEX in time before the initiative ended, those 100-something millions will go in the next initiative. Edit: as further proof of goodwill, I am gladly open to also be API checked by Shar Tegral and / or Kazuo Ishiguro and / or Grendell and / or / Magnu Stormhawk. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Varo Jan Caravanserai Consulting	Posted - 2011.04.02 21:44:00 - [221] Originally by: Block Ukx Originally by: Estel Arador ... it is probably the closest possible approximation of 'proof'. I for one refuse to accept screenshots as 'proof' of donations. It can't be that difficult for ccp to post here and tell us how many plexes were donated. Nobody cares what you think - oh runner of a totally opaque organisation. Stop being an ass, get a life. This is a humanitarian effort, and VV deserves credit for that, not snidy remarks from a highly suspect and pompous bod.
Breaker77 Gallente Reclamation Industries	Posted - 2011.04.02 23:02:00 - [222] Originally by: Block Ukx Originally by: Estel Arador ... it is probably the closest possible approximation of 'proof'. I for one refuse to accept screenshots as 'proof' of donations. It can't be that difficult for ccp to post here and tell us how many plexes were donated. How about a CCP devblog? Block, have you been able to get CCP to vouch for you? Didn't think so. Keep on moving those assets around so your "audit" looks good when it's done from a clean account.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.03 06:45:00 - [223] Quote: This is a humanitarian effort, and VV deserves credit for that, not snidy remarks from a highly suspect and pompous bod. I am pleased to get support. Although I have to say that while I might deserve "credit" for the idea (my reason to play EvE, my sandbox IS creating new ideas), the real credit goes exclusively to the Donors. THEY have made the difference, THEY deserve the praise. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.07 14:50:00 - [224] It seems a new big earthquake happened in Japan, including tsunami warning and all. Markets all around the globe shacked as well. I hope the Japanese are going to pass this new bleak time. If you'll need another PLEX campaign or something (all I can do for you right now ) I and hopefully the MD community will be ready to support you. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.04.07 15:37:00 - [225] Edited by: Vaerah Vahrokha on 07/04/2011 15:37:16 This thread is going to be ported over to the new forums: New forums link Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Mister Rocknrolla	Posted - 2011.05.03 18:54:00 - [226] Did this get shut down? Just wondering if the fund is participating in the current drive?
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.03 19:11:00 - [227] Originally by: Mister Rocknrolla Did this get shut down? Just wondering if the fund is participating in the current drive? I can't force people to keep donating. Once the PLEX for Japan initiative ended, the only two people who kept adding in the fund are me and a Sister Fund. ATM there is below 1 PLEX worth of value in liquid ISK available. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Mister Rocknrolla	Posted - 2011.05.03 19:27:00 - [228] Originally by: Vaerah Vahrokha Originally by: Mister Rocknrolla Did this get shut down? Just wondering if the fund is participating in the current drive? I can't force people to keep donating. Once the PLEX for Japan initiative ended, the only two people who kept adding in the fund are me and a Sister Fund. ATM there is below 1 PLEX worth of value in liquid ISK available. Cool. No prob. Didn't have the isk handy for an entire plex...but I can just buy a GTC and donate directly.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.03 19:31:00 - [229] Originally by: Mister Rocknrolla Originally by: Vaerah Vahrokha Originally by: Mister Rocknrolla Did this get shut down? Just wondering if the fund is participating in the current drive? I can't force people to keep donating. Once the PLEX for Japan initiative ended, the only two people who kept adding in the fund are me and a Sister Fund. ATM there is below 1 PLEX worth of value in liquid ISK available. Cool. No prob. Didn't have the isk handy for an entire plex...but I can just buy a GTC and donate directly. That would be good. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Samroski Games Inc.	Posted - 2011.05.04 19:23:00 - [230] CSGAMEZCF013 The NAV of this sister fund a week ago was ISK 667,302,371.79 The current cash is: ISK 300,105,683.38 Think I can safely donate about 200m towards the current drive, and that would leave enough in the fund for it to continue to grow. If there are enough donations, or enough left over in the main fund to buy a PLEX, I'll just send the money to you (VV). Alternatively, I'll add the extra 160m from my personal funds and donate a PLEX.
Liberty Eternal	Posted - 2011.05.04 20:03:00 - [231] If your fund is indeed collecting for this VV then please put me down for a donation of one PLEX - I'm so busy right now I don't know if I will even be able to log in to EVE before tomorrow night, but as soon as I do I will contract one to your fund.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.04 20:28:00 - [232] Balance for April 2011 available As usual the link to access the updated balance and expenditures (should be GAAP compliant, the specific version for charities) is available under the O.P. In case it keeps loading an old version, it's becase of the browser cache. Hitting F5 or CTRL-F5 on the embedded document should update it from Vahrokh.com. Updates for the US PLEX initiative I am trying finding some funding for the latest CCP initiative: PLEX for Good: Storm Relief. I know you Donors were taking a breath of respite after so much charity shown for the PLEX for Japan initiative, but populations devastated by disasters don't have the luxury of waiting for us to fully recover. Yeah it sucks the disasters seem to know no end but look at it as an opportunity to gain more good karma: who shall give good, shall receive good. If anyone got questions or anything please reply here or to me in game. @Liberty Eternal: I indeed confirm that VAERT is operational and ready, even if it was just for 1 PLEX. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.04 20:38:00 - [233] PLEX FOR GOOD FIRESALE Due to the limited duration of the PLEX for Storm initiative (ends May 16) I'd like to liquidate as much of the previously donated physical assets as possible. There is a rebate of 30% off the items listed on this Google Sheet. Some items are deadspace / officer, others T2 and so on. Price will be based on current contract prices as of 2011-05-04 20:36 EvE time (so don't rush to manipulate the contracts, it won't work). Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Liberty Eternal	Posted - 2011.05.04 21:05:00 - [234] My google docs shows all the items as summing to around 1.2 bil or so - as long as it's not more than a few billion and that it's all in hi-sec stations then I will be happy to take a chance on it and to take it all at 10% less [no need for 30%]. Please put it all up on contracts for me - although it is going to be tomorrow night before I can accept them unfortunately
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.04 22:04:00 - [235] Originally by: Liberty Eternal My google docs shows all the items as summing to around 1.2 bil or so - as long as it's not more than a few billion and that it's all in hi-sec stations then I will be happy to take a chance on it and to take it all at 10% less [no need for 30%]. Please put it all up on contracts for me - although it is going to be tomorrow night before I can accept them unfortunately Don't worry, I have to go to bed soon and the prices shown are still those I listed 1 month ago near the end of the PLEX for Japan. I'll update them tomorrow. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.05 07:01:00 - [236] Edited by: Vaerah Vahrokha on 05/05/2011 07:03:35 Originally by: Liberty Eternal My google docs shows all the items as summing to around 1.2 bil or so - as long as it's not more than a few billion and that it's all in hi-sec stations then I will be happy to take a chance on it and to take it all at 10% less [no need for 30%]. Please put it all up on contracts for me - although it is going to be tomorrow night before I can accept them unfortunately I checked the contracts, there has been an increase of value of the officer, faction and deadspace items. I left the prices as is except for Fleet Navy Typhoon and Gist X-Type Explosion Dampening Field. The total before discount is 1,327,388,348.64. Contract for 1,190,000,000. Edit: Other people have contacted me in game about these items. Please for maximum transparency everything has to be discussed here, for everyone to see and record. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Liberty Eternal	Posted - 2011.05.05 10:41:00 - [237] That's cool thanks VV - if anyone underbids me, let them have it - it's for charity after all Otherwise, price is ok - please put it up on contracts for me and I'll pick it all up later.
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.05 15:37:00 - [238] The contracts were up since several hours. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Samroski Games Inc.	Posted - 2011.05.13 14:04:00 - [239] CSGAMEZCF013 A week ago the cash in this sister fund's account crossed 380m and I decided to donate a PLEX entirely from the fund. I believe there are still enough assets left for this fund to continue to grow. Feels pretty good, as my experiment with investing this one item for charity, and maintaining a separate account for this purpose, appears to be working. Wishing that there are no more disasters in the near future, allowing the fund to get established properly.
Blake Savage Caldari	Posted - 2011.05.13 22:07:00 - [240] I like the donation idea, really i do. But if it has anything to do with red cross or any of those other orginasations i would never touch it with a stick from a fire place. First of, Red Cross have had more than its share of scandals in Denmark, latest some general secretary who got the golden handshake, aka got fired but he managed to get almost 200.000$ to resign before his time or whatever you wanna call it. Secondly , the majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims, if you wanna donate something , donate it directly and never through a **ty company that claims it does the good for mankind. So basicly even though im sitting on a couple 100 billion over my 4 accounts i wouldn't donate ** until someone can guarantee me it wouldnt go anyway near Red Cross or another Health Orginasation.
Thoraemond Minmatar Far Ranger	Posted - 2011.05.14 04:12:00 - [241] Originally by: Blake Savage [T]he majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims [...] Can you please explain the basis on which you make this claim? Reviewing independently-audited financial statements for several national Red Cross/Red Crescent organizations and the ICRC suggests that the administrative "overhead" tends to be closer to 10%, which is far from "the majority". Like you, I want to ensure that my donations are used efficiently, and from what I have read so far, it seems that donations made to the Red Cross will be used reasonably efficiently to provide humanitarian relief. I, for one, continue to support "PLEX for Good" through Vaerah Vahrokha's organization. If you provide credible information that suggests that what I have read so far is wrong, I will consider the matter further.
Blake Savage Caldari	Posted - 2011.05.14 12:56:00 - [242] Originally by: Thoraemond Originally by: Blake Savage [T]he majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims [...] Can you please explain the basis on which you make this claim? Reviewing independently-audited financial statements for several national Red Cross/Red Crescent organizations and the ICRC suggests that the administrative "overhead" tends to be closer to 10%, which is far from "the majority". Like you, I want to ensure that my donations are used efficiently, and from what I have read so far, it seems that donations made to the Red Cross will be used reasonably efficiently to provide humanitarian relief. I, for one, continue to support "PLEX for Good" through Vaerah Vahrokha's organization. If you provide credible information that suggests that what I have read so far is wrong, I will consider the matter further. Its a pitty you don't understand danish but you can always google J°rgen Poulsen , he got a large seperation fee to leave Red Cross after he went into politics, the so called golden handshake, so alot of danish people are very sceptic about donating to anything.
Thoraemond Minmatar Far Ranger	Posted - 2011.05.14 13:37:00 - [243] Originally by: Blake Savage Its a pitty you don't understand danish but you can always google J°rgen Poulsen , he got a large seperation fee to leave Red Cross after he went into politics, the so called golden handshake, so alot of danish people are very sceptic about donating to anything. I don't think I indicated whether or not I understand Danish. Regardless, a particular set of problems (even serious problems) relating to, or caused by, one person in one national Red Cross organization does not demonstrate that the whole organization, world-wide, is inefficient. Sometimes bad things happen in good organizations. J°rgen Poulsen does not control or direct the Red Cross (even in Denmark), and, frankly, the Danish part of the Red Cross is a pretty small part. Generally, the information you described is irrelevant to your more serious claim, that "the majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims [...]". I'm still interested to learn if there is any evidence to support that claim.
Blake Savage Caldari	Posted - 2011.05.14 23:46:00 - [244] Originally by: Thoraemond Originally by: Blake Savage Its a pitty you don't understand danish but you can always google J°rgen Poulsen , he got a large seperation fee to leave Red Cross after he went into politics, the so called golden handshake, so alot of danish people are very sceptic about donating to anything. I don't think I indicated whether or not I understand Danish. Regardless, a particular set of problems (even serious problems) relating to, or caused by, one person in one national Red Cross organization does not demonstrate that the whole organization, world-wide, is inefficient. Sometimes bad things happen in good organizations. J°rgen Poulsen does not control or direct the Red Cross (even in Denmark), and, frankly, the Danish part of the Red Cross is a pretty small part. Generally, the information you described is irrelevant to your more serious claim, that "the majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims [...]". I'm still interested to learn if there is any evidence to support that claim. Its pretty obvious that more and more of those money goes to administration, because none of these people work for free, salaries have to come from somewhere and the only money red cross gets in is from donations, people do work freely in red cross stores around denmark i believe but the offices , no they don't. And im pretty sure people in denmark and so forth donate alot of money to silly things like this, you forget the owner of the largest shipping company in the world and most likely one of the richest is danish, Maersk would be the name.
Samroski Games Inc.	Posted - 2011.05.15 05:39:00 - [245] Originally by: Blake Savage Its pretty obvious that more and more of those money goes to administration, because none of these people work for free, salaries have to come from somewhere and the only money red cross gets in is from donations, people do work freely in red cross stores around denmark i believe but the offices , no they don't. And im pretty sure people in denmark and so forth donate alot of money to silly things like this, you forget the owner of the largest shipping company in the world and most likely one of the richest is danish, Maersk would be the name. Hmmm. Amazing logic! :) Every charitable organization has to pay it's bills. It would be great if all their workers worked for free, and all the money donated went to charity. But that is unrealistic. If a person has issues with this, the best thing is to get involved in charity yourself. Those who cannot give their own time, rely on these charitable organizations, and I believe Red Cross is one of the better ones. I fully support CCP's PLEX for Good initiative.
Liberty Eternal	Posted - 2011.05.15 12:00:00 - [246] Originally by: Blake Savage Its pretty obvious that more and more of those money goes to administration, because none of these people work for free, salaries have to come from somewhere and the only money red cross gets in is from donations, people do work freely in red cross stores around denmark i believe but the offices , no they don't. And im pretty sure people in denmark and so forth donate alot of money to silly things like this, you forget the owner of the largest shipping company in the world and most likely one of the richest is danish, Maersk would be the name. Awesome reasoning skills. So we can ignore the stats [ie mere actual evidence] that the Red Cross spends only 10% of its donations on administration because it's "pretty obvious" that you're right. The reason is simple enough - nobody works for free for the Red Cross, except the people who work for free for the Red Cross. And the money for salaried workers has to come from donations right, which means that all donation money must be going on salaries - because where else could it be going - you just have to do the logic, amirite? Also, it's not like the Danish Red Cross get a lot of money, what with Danish people giving them a lot of money Uhm.. And Maersk - did you hear the one about Maersk?....
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.24 19:37:00 - [247] Updated donations. Also, please refrain from OT polemics, I'd like for this thread to be useful and possibly welcoming. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Breaker77 Gallente Reclamation Industries	Posted - 2011.05.24 21:19:00 - [248] Edited by: Breaker77 on 24/05/2011 21:22:55 Originally by: Thoraemond Originally by: Blake Savage [T]he majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims [...] Can you please explain the basis on which you make this claim? Reviewing independently-audited financial statements for several national Red Cross/Red Crescent organizations and the ICRC suggests that the administrative "overhead" tends to be closer to 10%, which is far from "the majority". Thoraemond, I wish you would do a little research. For the tax year 2009 the Red Cross had : 3.3 billion in revenue (page 2, line 12) 1.7 billion in salary (page 2, line 15) 35,103 employees (page 2, line 5) That is 51.51% of donations directly to salaries. That is before any rent, utilities, office supplies, ect... That comes out to over 48,000 US dollars per employee in wages and benefits. If you worked 40 hours a week (standard work week), that is over 23 dollars an hour. http://www.redcross.org/www-files/Documents/pdf/corppubs/ARC_990_2010.pdf Still think charities are a good thing? edit: Go to page 9 and look at the 3rd name, GAIL MCGOVERN PRESIDENT AND CEO - 995,718!!! 1 million a year for the CEO?!?!?! That is as much is not more as a Fortune 500 company.
Thoraemond Minmatar Far Ranger	Posted - 2011.05.25 03:57:00 - [249] Originally by: Breaker77 Originally by: Thoraemond Originally by: Blake Savage [T]he majority of whatever you donate to a cause through Red Cross goes to administration, after that whatever is left over goes to the victims [...] Reviewing independently-audited financial statements for several national Red Cross/Red Crescent organizations and the ICRC suggests that the administrative "overhead" tends to be closer to 10%, which is far from "the majority". For the tax year 2009 the [American] Red Cross had [...] http://www.redcross.org/www-files/Documents/pdf/corppubs/ARC_990_2010.pdf My aim in this post is to help to reduce the spread of misinformation about the Red Cross, so that people are not turned away from Vaerah Vahrokha's charity organization based on a misunderstanding of where the donations go. Breaker77, you've linked to a relevant document, but your post betrays a basic misunderstanding of it. For example, the lion's share of the work of the American Red Cross is in the provision of "biomedical services" (i.e., blood and related services) in the USA, and has nothing to do with money donated to disaster relief. I hope that other people will read for themselves the information to which you've linked, along with similar reports for other national Red Cross organizations and their international counterparts, and I remain confident that anyone who understands what they read will conclude that the Red Cross/Red Crescent is a reasonably efficient and effective provider of disaster relief. Vaerah Vahrokha has asked that this thread remain focused, so I will put my further points about your post in an evemail for you (and for anyone else who evemails me to ask for a copy).

CCP Navigator C C P C C P Alliance	Posted - 2011.05.25 08:38:00 - [250] Off topic comments removed. Navigator Lead Community Representative CCP Hf, EVE Online

Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.25 08:58:00 - [251] Edited by: Vaerah Vahrokha on 25/05/2011 08:59:33 I rectified a missing donation, and wish to take the opportunity to thank all those who like Far Ranger [FARR] corporation and Liberty Eternal are committed for the long run. It's not easy, expecially in our instant gratification era. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.05.29 17:27:00 - [252] Edited by: Vaerah Vahrokha on 29/05/2011 17:35:09 These NEISIN Enabled Investments have been added to the VEMEX Public Investments Archive searchable engine. Arcy Dorei P.I.A. link: CSARCYVIPEF5. Chribba P.I.A. link: OEOTHERCF019. Samroski P.I.A. link: CSGAMEZCF013. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.06.03 20:27:00 - [253] Some donations are still tickling in, so I updated the Donors list. Don't forget this initiative, it has done good in the past, it can do good in the future. Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.06.08 20:15:00 - [254] Edited by: Vaerah Vahrokha on 08/06/2011 20:15:49 Balance sheet for the month of May is out. - CSGAMEZCF013 Samroski has a lower balance because he converted and donated 1 PLEX - CSARCYVIPEF5 Arcy Dorei is blank because I did not get an update for this month - OEOTHERCF019 Chribba has multiple blanks because I did not get an update from him since March 2011 Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.07.08 20:29:00 - [255] The balance sheet for the month of June has been published in the OP. Donors list had been updated. With the current drop in PLEX prices, this would be a good time to donate some .
Vaerah Vahrokha Minmatar Vahrokh Consulting	Posted - 2011.08.23 07:04:00 - [256] Announcement As second step of VAHCO shutdown, I am to announce that VAERT Charity operation will be suspended effective today 2011-08-23. As per balance sheet, the current assets held by the Donors Fund consist of: 2,726,188,548.71 ISK 1 PLEX. The whole assets above have been contracted over to Chribba with the precise task of being donated at the next CCP PLEX for RL Emergency Relief. Parting words I wish to thank the many public and anonymous Donors who made this experience possible. They proved how EvE, despite its fame, has many upstanding and generous people. I will not forget the feeling I got when I suddenly transformed fictious gameplay currency into something that could tangibly help real people in need. Thank you Donors, it's been a fantastic journey with and for you. Vaerah Vahrokha Auditing \| Research \| 3rd Party \| Collateral Holding \| EvE RL Charity

Chribba Otherworld Enterprises Otherworld Empire	Posted - 2011.08.23 07:41:00 - [257] Confirming that VV has asked me to hold on to the assets until the next CCP relief event, and at that time release it to CCP. /c Secure 3rd party service \| in-game 'Holy Veldspar' Now /w voice


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