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Tigerras
Smash Incorporated
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Posted - 2011.08.10 03:43:00 -
[31]
What is your plan should you have a courier contract with high collateral that fails, and the items you would be shipping are either destroyed or worth significantly less than the lost collateral?
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Trytan Blychllad
Universal Resource Allocation
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Posted - 2011.08.11 03:57:00 -
[32]
Originally by: Tigerras What is your plan should you have a courier contract with high collateral that fails, and the items you would be shipping are either destroyed or worth significantly less than the lost collateral?
That is a very good question, and one I thought would have been asked sooner. It also should have been included in the IPO documentation, but was left out due to oversight.
To partially answer your question, using the funds accrued to date is one thing, but using those of investors requires a totally different mindset and business model. The corporate overhead mentioned in Section III, provides some offset stability to liabilities but there are only so many pieces of that pie to go around. The most stable means to offset any unforeseen liabilities is to operate with a floating risk/reward model.
The risk/reward model actively used by Universal Resource Allocation is to not allow contract collaterals that exceed a percentage of existing collateral and a percentage of corporate overhead funds. As an example, if invested collateral funds are at 400m ISK and corporate overhead funds are at 150m ISK, using this risk/reward method, Universal Resource Allocation would only allow for contracts that had a collateral of 122.5m ISK. The percentages used differ for each offset source but the concept is based off of existing corporate expenditure models. The percentages used were not actual but merely for demonstrative purposes.
In the event of delivery failure, an attempt would be made to contract the package back to the issuer. While sometimes the contents are devalued compared to the collateral presented, this is the first line of defense. If the contents/contract is utterly lost, then this model limits the exposure of the liability.
Given the unfortunate circumstances of several instances, each occurence would be of less liability than the previous. Also incorporated into this model is a cut-off trigger, where the decision is made to institute contingency operations.
Quote: The real voyage of discovery consists not in seeking new landscapes but in having new eyes.
--Marcel Proust |
Jerry Pepridge
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Posted - 2011.08.11 04:07:00 -
[33]
Just create a few more Alts & Buy this IPO out, that way when you make your next IPO, bond or w/e you can refer to this one.
Arnetta Xedi, Arnetta Xadee & Arnetta Xader are some examples of said alts. _________________________________________________
Misty McGinnity Doesn't have an iPhone. |
Trytan Blychllad
Universal Resource Allocation
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Posted - 2011.08.11 16:25:00 -
[34]
Originally by: Jerry Pepridge Just create a few more Alts & Buy this IPO out, that way when you make your next IPO, bond or w/e you can refer to this one.
Arnetta Xedi, Arnetta Xadee & Arnetta Xader are some examples of said alts.
Didn't I read somewhere that a tragedy occured recently in your life? At any rate, Trytan is the Operations go to pilot for URSAT and Arnetta only manages financial obligations.
If you would like a personal visit, we'll bring our briefcase for you to fill up with any ISK you may drop as we take our moonlit walk on the holo-deck beach. You can even name the location. <grin>
Quote: The real voyage of discovery consists not in seeking new landscapes but in having new eyes.
--Marcel Proust |
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