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Liberty Eternal
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Posted - 2011.06.27 21:33:00 -
[1]
As all my investors are now aware, my 35 bil 3-month bond has closed early. The reason is simple - I stopped enjoying it due to rl time commitments and the bond itself being difficult due to size, high interest and poor market conditions.
I have a new character and will soon get back to my relaxed, fun gamestyle putting this behind me.
Investors will be paid back from the 30th - 15% interest will be paid and principal will be returned. It may take me a few extra days to reach everyone due to the large amount of isk involved [I have large stocks that need selling].
Compensation
This however does leave 2 months of interest obligations unpaid. Any investor who wishes to claim that 2 months interest because they feel there was a breach of contract, or they lost out on another investment etc, please contact me by evemail and we will work out some kind of compensation payment.
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RAW23
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Posted - 2011.06.27 21:36:00 -
[2]
+1
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Strrog
Caldari Zero Excavations
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Posted - 2011.06.27 21:46:00 -
[3]
It was a good timing to realize that there were some issues including real life complication.
Kudos for making prompt decision.
And thx for making us some new iskies.
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Faith Clothos
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Posted - 2011.06.27 22:31:00 -
[4]
Good man, was this that hard?
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Elise DarkStar
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Posted - 2011.06.27 22:40:00 -
[5]
OMG. Watching you wriggle around in your own hollow philosophical bull**** made my day, **** that let's go with week. I almost want to believe that your ridiculous intellectual convulsions are all some elaborate joke of some philosophical genius with a corresponding gift for dry irony.
Watching someone who has raised an objectivist political ideology to the point of spiritual religion twist said faith around to meet his every small and greedy whim like some corrupt and perverted medieval monk is so utterly fantastic that it can't be made up. I need a ****ing cigarette after reading that thread.
Was it good for you?
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Liberty Eternal
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Posted - 2011.06.27 22:48:00 -
[6]
Originally by: Elise DarkStar I almost want to believe that your ridiculous intellectual convulsions are all some elaborate joke of some philosophical genius with a corresponding gift for dry irony.
Took you long enough
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Elise DarkStar
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Posted - 2011.06.27 22:50:00 -
[7]
I just trollin youse!
Bite back those tears, champ. You'll always be an internet spaceships market forum philosopher hero to me.
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Mara Villoso
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Posted - 2011.06.27 22:56:00 -
[8]
Since he's doing the right thing, I'd think that you guys would stop being ****s. But its hard for some people to break old habits |
Elise DarkStar
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Posted - 2011.06.27 23:03:00 -
[9]
Originally by: Mara Villoso Since he's doing the right thing, I'd think that you guys would stop being ****s. But its hard for some people to break old habits
I'm a petty and mean little man.
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Jerry Pepridge
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Posted - 2011.06.28 00:10:00 -
[10]
Will you run another bond ever again? _________________________________________________
Misty McGinnity Doesn't have an iPhone. |
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Block Ukx
Forge Laboratories
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Posted - 2011.06.28 00:11:00 -
[11]
Nice scam you have going on here. I suppose people are too [blank] to get it.
BSAC Stock Exchange - EVE's only real-time stock exchange |
Liberty Eternal
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Posted - 2011.06.28 00:20:00 -
[12]
Edited by: Liberty Eternal on 28/06/2011 00:21:09
Originally by: Jerry Pepridge Will you run another bond ever again?
No way Jerry! They nailed my f_anny to the wall and I ain't playing any more.
Originally by: Block Ukx Nice scam you have going on here. I suppose people are too [blank] to get it.
Good God you are so dense.
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Mara Villoso
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Posted - 2011.06.28 00:24:00 -
[13]
Originally by: Liberty Eternal
Originally by: Block Ukx Nice scam you have going on here. I suppose people are too [blank] to get it.
Good God you are so dense.
We'll see, won't we?
Originally by: Block Ukx Nice scam you have going on here. I suppose people are too [blank] to get it.
Perhaps you could use this opportunity to address my previous questions about stock fraud. |
Liberty Eternal
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Posted - 2011.06.28 00:25:00 -
[14]
Originally by: Mara Villoso
Originally by: Liberty Eternal
Originally by: Block Ukx Nice scam you have going on here. I suppose people are too [blank] to get it.
Good God you are so dense.
We'll see, won't we?
Sorry pretty-lips, but I'm going to sell or biomass this character when this bond is paid out. Soon be time for the fat lady to sing
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Block Ukx
Forge Laboratories
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Posted - 2011.06.28 00:29:00 -
[15]
Originally by: Mara Villoso Perhaps you could use this opportunity to address my previous questions about stock fraud.
I have no intentions in discussing with you your plans to commit stock fraud. Is this direct enough?
BSAC Stock Exchange - EVE's only real-time stock exchange |
Jerry Pepridge
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Posted - 2011.06.28 00:29:00 -
[16]
Originally by: Liberty Eternal sorry pretty-lips, but I'm going to sell or biomass this character when this bond is paid out. Soon be time for the fat lady to sing
may as well just scam tbh _________________________________________________
Misty McGinnity Doesn't have an iPhone. |
Mara Villoso
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Posted - 2011.06.28 00:34:00 -
[17]
Originally by: Block Ukx
Originally by: Mara Villoso Perhaps you could use this opportunity to address my previous questions about stock fraud.
I have no intentions in discussing with you your plans to commit stock fraud. Is this direct enough?
LOL. My plans? I asked a direct question about how your exchange deals with this possibility since you don't insert auditors into the corps. |
Liberty Eternal
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Posted - 2011.06.28 00:41:00 -
[18]
Originally by: Jerry Pepridge
Originally by: Liberty Eternal sorry pretty-lips, but I'm going to sell or biomass this character when this bond is paid out. Soon be time for the fat lady to sing
may as well just scam tbh
lol - I can't, most of these investors have been with me ages and the rest are my friends.
Shame RAW23 isn't my one and only investor
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Block Ukx
Forge Laboratories
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Posted - 2011.06.28 00:42:00 -
[19]
Originally by: Mara Villoso
LOL. My plans? I asked a direct question about how your exchange deals with this possibility since you don't insert auditors into the corps.
When it comes to security, less is better.
BSAC Stock Exchange - EVE's only real-time stock exchange |
Block Ukx
Forge Laboratories
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Posted - 2011.06.28 00:45:00 -
[20]
Originally by: Liberty Eternal lol - I can't, most of these investors have been with me ages and the rest are my friends.
Must be good to have friends that can't figure this one out.
BSAC Stock Exchange - EVE's only real-time stock exchange |
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Mara Villoso
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Posted - 2011.06.28 00:45:00 -
[21]
Originally by: Block Ukx
Originally by: Mara Villoso
LOL. My plans? I asked a direct question about how your exchange deals with this possibility since you don't insert auditors into the corps.
When it comes to security, less is better.
You are unbelievably lame. /thread |
Liberty Eternal
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Posted - 2011.06.28 00:49:00 -
[22]
Originally by: Mara Villoso /thread
'Scuse! This is my thread for paying my investors back, perhaps we've forgotten that have we?
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Mara Villoso
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Posted - 2011.06.28 00:52:00 -
[23]
Seriously, you should do passenger screening to prevent hijackings. |
Candy Oshea
Amarr Techfree Investment Group
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Posted - 2011.06.28 01:04:00 -
[24]
LE the 35b @ 15% was ambitious to say the least.
What sort of compensation are you currently offering investors for this? ___ iCandy Bonds
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Faith Clothos
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Posted - 2011.06.28 01:24:00 -
[25]
Edited by: Faith Clothos on 28/06/2011 01:25:15
Originally by: Liberty Eternal
Originally by: Mara Villoso
Originally by: Liberty Eternal
Originally by: Block Ukx Nice scam you have going on here. I suppose people are too [blank] to get it.
Good God you are so dense.
We'll see, won't we?
Sorry pretty-lips, but I'm going to sell or biomass this character when this bond is paid out. Soon be time for the fat lady to sing
Stop Liberty! I heard the socialist propaganda that says your eternality was greatly exaggerated!
Is space seppukku truly the most rational self interested thing to do?
Are you not the man who loves his life? Are you not the man who does not sacrifice his love or his values?
Are you not the man that will not die for the sake of another man?
Your prophet would weep if it was in her rational self interest to care!
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Strrog
Caldari Zero Excavations
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Posted - 2011.06.28 02:00:00 -
[26]
Originally by: Candy Oshea LE the 35b @ 15% was ambitious to say the least.
What sort of compensation are you currently offering investors for this?
The first month will be paid full 15% interest, I do not think anyone is going to loose anything at this point. And principal is coming up.
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Elise DarkStar
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Posted - 2011.06.28 02:07:00 -
[27]
Originally by: Faith Clothos Stop Liberty! I heard the socialist propaganda that says your eternality was greatly exaggerated!
Is space seppukku truly the most rational self interested thing to do?
Are you not the man who loves his life? Are you not the man who does not sacrifice his love or his values?
Are you not the man that will not die for the sake of another man?
Your prophet would weep if it was in her rational self interest to care!
+rep
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Cista2
Hydra Investment Fund
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Posted - 2011.06.28 05:24:00 -
[28]
Principal and dividend was received yesterday as said.
No compensation needed thanks, it is not usual to both have your cake and eat it at the same time. ----------------------- "Signatures" trade chatroom / Universal Railways |
Varo Jan
Caravanserai Consulting
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Posted - 2011.06.28 06:16:00 -
[29]
+1 You did the right thing, Liberty. Enjoy the summer. :)
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Vaerah Vahrokha
Minmatar Vahrokh Consulting
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Posted - 2011.06.28 06:54:00 -
[30]
Edited by: Vaerah Vahrokha on 28/06/2011 06:56:30 In other two threads I have clearly stated my less than approving opinion about how this bond has been managed by LE.
However, as someone who has put his money where his mouth is (in this and other 10 investments) and as investor, I feel like to say this:
You are doing it bad at flaming him like that.
Yes, you are taking your (petty imho) revenge for his past schooling he did for several other people.
But doing this, you are greatly discouraging future defaulters from acting honestly.
Basically anyone seeing this beating will just decide not to default and go all out to scam, because he won't see any benefit at being honest and admit he just failed. This will be bad, because in most cases of default it's possible to save / recover part or all of the principal. Yet, if the investee is pushed into scamming ("they are going to torch me like I scammed anyway") the principal is irrimediably lost.
I'd have actually preferred if someone a la Hexxx would have prepared a "Chapter 11 template" or similar, in order to have the full compendium of doc templates for investments. This would have been the constructive way to extract something good even for something that did not end well.
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