Reservations are open to Corporations as well as Individuals?

Just to make certain, you are going to be my delagate Vaerah?

Posting to state that Daniel Borealis will be my delegate for 10bn isk worth of shares in the t2 basket as a market maker.

Confirming my intention to act as a delegate in the upcoming reservations

For those asking about "limits". There's none, I'd love to have small Investors to have a chance at one investment for once!

How small are we talking? Could I do 20mil on MINBSK?

reserve 10b on all 4

I would like to put 1 bil on T2BSK. When do we send ISK, and do we send to you?

I'd like to reserve 250 mil on each (1 bil total).

@Above
So EvE allows tickers with spaces? Fail.

10B per fund or 10B spread over the 4 funds?

@Above
So EvE allows tickers with spaces? Fail.

You've always been able to place spaces in the tickers for corps but I don't believe alliances are able, at least to the best of my knowledge.

That's true, but 1kBR sounds too close to being something related to Brazil. Nothing against Brazil but I thought [1kB R] looked better. It was more aesthetic than anything else.

If it causes issues for you then I'm happy to have it all handled by Graygor instead.

Once I get an answer from De Guillaume I'll start posting fill rates and see if some cap could be changed (still staying within the globabl max cap).

There are five funds, therefore 250 mil on each = 1.25B not 1 bil total. Please restate your offer.

Excel copy and pasting will handle spaces just fine .

Hello VV,

At the risk of sounding greedy or ignorant I'm going to post a couple of my thoughts, this post can always be edited.

One of the things you wanted to create was a secondary market for shares if I read things correctly, would keeping the NAV at the initial number not be a good thing to help stimulate trading of shares via players?

Will increasing the NAV cause more headache, bring about burnout? Can the NAV be increased at a later date, perhaps after you have ran this for a while and have a good feeling for the workload?

While I sympathize with the people who did not make the IPO in time, I feel that increasing the NAV may not be the best thing to do at this time.

Feel free to persuade me other wise, my scope of finances is still very limited.

- Irken

Apologies for being dense but work has melted my brain.

As of now my request has been transferred to being 1.25bil in the easy fund or 250mil only or am I out entirely?

Sorry its been a long morning.

Your choice to be in for 250M on the ESYFND or opt out of all. The other funds are full.

Please reserve 7.5bill for me spread accross all 5 funds.

What Irken Slushk and Samroski said.
Changing the total NAV would hurt those who did get in on time.

Missed fact funds were full, if something opens up ill still be in

However I'd like to give you a little clarification about "hurting" current Investors:

No, it would not since there's no share dilution before the funds start (the NAV and shares both are in a fixed proportion of 1M per share).

[quote=Vaerah Vahrokha]Important Update please read and reply ASAP

2) Drop the whole reservations including ESYFND since your closed end funds reservation did not make in.

The ESYFND reservations too go beyond the 40B cap so, once again, not all will fit in.




Do we happen to know about where the ESYFND people capped out?

Unable to get in-game at the moment, but I'd like to maintain the 200m easy investment,

If there is another offering will those like me be able to secure first dismissal at the next offering, assuming there is one or just buy from market

Seth

Update

Here is the current listing of all the Investors whose reservation fully or partially made it in the investment 100B cap.

I warmly invite everyone to check their records and signal possible omissions or mistakes.

And I'm not listed as Market Maker.
Since I'm in the row above Elegbara, it's probably just misplaced :)

All mutual funds' buy and sell orders are processed at the NAV of the trade date. However, investors must wait until the following day to get the trade price.

I have started receiving some orders on the exchange.

Two little points:

1) The Exchange will certainly start processing orders after it got the ISK from the Investors not right now

2) Market orders are always executed at market price (hence the (RL) name). That is any price you specify will be ignored since the market orders are the EvE equivalent to "dump to buy orders" or "directly buy from sell orders".

3) Since this has been asked several times: I will create a post that will tell that ISK may be sent and how to send ISK.

It took me enough effort to figure out how to make an order the first time, though! How am I going to remember it when you're finally taking orders

currently very busy in RL.

so pls give me at least 24hrs notice so i can send my 10b whenever its needed.

Are u keeping a list of reservations that did not make it, in case of need?

Best regards

SELECT * FROM (
SELECT TOP 10 MarketOrders.ID_Order, MarketOrders.ID_User, MarketOrders.ID_Security, MarketOrders.ID_Operation, MarketOrders.ID_OperationKind, MarketOrders.Price, MarketOrders.CurrentQuantity, MarketOrders.CreationDate, MarketOrders.Padder
FROM MarketOrders MarketOrders
WHERE (MarketOrders.Padder<50) OR ((MarketOrders.ID_Security)=3) AND ((MarketOrders.ID_Operation)=2) AND ((MarketOrders.ID_OperationKind)=2) AND ((MarketOrders.CurrentQuantity)>0) AND ((MarketOrders.Processed)=False)
ORDER BY MarketOrders.Padder DESC, MarketOrders.Price ASC, MarketOrders.CreationDate ASC
)
ORDER BY MarketOrders.Padder;

Drop that "MarketOrders." stuff for readability.

SELECT ID_Order, ID_User, ID_Security, ID_Operation, ID_OperationKind, Price, CurrentQuantity, CreationDate, Padder
FROM MarketOrders
WHERE Padder<50 OR ID_Security=3 AND ID_Operation=2 AND ID_OperationKind=2 AND CurrentQuantity>0 AND Processed=False
ORDER BY Padder DESC, Price ASC, CreationDate ASC
LIMIT 10

Assuming that's SQL.

qucik ? is this where i send my 10b ???

also its 4 funds right. not 5 like i have seen mentioned before. let me know how much becuase i am putting equal amounts on each

The following Investors have up to October 31st 23:59:59 EvE time to send ISK (else their reservation will be taken over by the next Investors in queue):

ESYFND investment strategy and assets allocation
Once the initial phase is over, ESYFND may opt to hire liquidity providers in case of sudden large liquidations.

This arrangement will also be activated in case ESYFND will participate in 3rd party fully collateralized investments. VAHFT will take a 1% cut off those deals as payment for the liquidity providing service.

Of course if there are willing 3rd party liquidity providers who want to participate, I'll check their offers, as long as their service won't cost more than 1% of the provided sums.

ESYFND investment strategy and assets allocation
Assets allocation:

Al launch, it's planned to have a NAV equal to 40B. While waiting for 3rd party collateralized opportunities to show up, that NAV will be invested in the other funds. As ESYFND is not meant to be highly speculative (and thus risky) it will put 20B on MINBSK, 10B on ICEBSK and 5B on each T2BSK and PIBSK.

I am also arranging a petition to CCP to warn them about the large money transfer, just in case they decide harass me.

Confirming receipt of the following reservations:

Samroski as Market Maker
Graygor => Sent back the double ISK you sent.
Huttan Funaila
Rebecca Cairn
Irken Slushk as Market Maker
Dean Ozuwara
Rhat Dakota
Val'Dore on behalf of PlanetCorp InterStellar


The following Investors have up to October 31st 23:59:59 EvE time to send ISK (else their reservation will be taken over by the next Investors in queue):

Vargan Armer
Grendell
Nanatoa
Elegbara
Jadun
Mortimer Montague
De Guillaume
Towaoc
Ford Chicago
Kama Sutramax
Seth Quantix
Grombutz

I am also arranging a petition to CCP to warn them about the large money transfer, just in case they decide harass me.

Reserving 20B in the Easy fund.

Hmmm don't see my name on either of those lists




Did that reservation not get taken into account?

pls remove me from ur list. i am doing a few other things.

i'm interested

I don't see my name in either the list of investors, or in the queue - was I not first in line after it filled up?

A cap is a cap.
If you think you made a mistake with the reservations, fix it within the cap.
If you don't think you made a mistake, there's no need to mess with the cap.

I will send the money as soon as, due to stupidity, I've reinstalled the EVE client :D

A cap is a cap.
If you think you made a mistake with the reservations, fix it within the cap.
If you don't think you made a mistake, there's no need to mess with the cap.

V'en appears to be a relatively new player and I'd be delighted to give 20 of my shares to him, which will hopefully fix this within the cap.

For some reason you sound quite hostile.
Samroski is going to solve your concern. "Solve" within friendly terms is the constructive approach imo.
BTW you are Market Maker if you want the headstart you should send ISK sooner than later.

@Tornsoul

You did not see your name because the 100B filled within some hours and further Investors were put in queue (in case others don't fill their reservation by Oct 31).
But please see below @Grendell.


@Grendell

If you'd like to split your reservation with Tornsoul, be welcome!
I suppose you'll take 10B each?

Whoever it was that wanted 20 of my shares, sure.

V'en appears to be a relatively new player and I'd be delighted to give 20 of my shares to him, which will hopefully fix this within the cap.

date=2012-10-28 19:07:43
refID=6517297720
ownerName1=TornSoul ownerID1=147917989
ownerName2=Vaerah Vahrokha ownerID2=1439129814
amount=-10000000000.00
reason=DESC: ESYFND

uhm

PS : Bloody hell, one can't even do a straight copy/paste from the API results on these POS forums (It thinks it's HTML???? which apparently isn't allowed)

Im new soo
Investing 15mill in Easyfund if there any left.
also if you can tell me who to send the isk it be great :D

Please wait until November 1, as the whole fund is reserved.
However, some Investors seem to have stopped following the investment even if they reserved shares.
In that case on Nov 1 their reservations will be all void so, you'll be able to buy the shares directly on the exchange.

For instructions about how to access, use it and where to send ISK, please wait for the manual which I am writing right now.

Just to double check to make sure I've gotten it right.

To receive our shares we would enter:

ESYFNDBUYMARKET1,000,000.00250GTC0

Or is this for the purchasing of additional shares? And we will receive our allotted shares on November 1st?

Thanks for the clarification.

i too would like a quick and dirty explanation as to how to place buy orders, or buy off sell orders. I plan on participating in this market, but it is not clear to me how to actually trade.

VV,
I appreciate the quick response. Will there be a webform to submit an order on the website? I am just wondering how to actually place the buy order once the market goes public.

Thanks,

JG

That line "MINBSK BUY STOP 1,215,334.99 7 GTC 0" should be evemailed to a character you haven't actually specificied in your guide on the previous page.

It's probably me then. Could you hold my hand and explain to me step by step how I send an evemail to a corporation? Right-clicking didn't work for me.

I saw VEMEX Monica, but I was trying to send to VEMEX, as VEMEX Monica wasn't mentioned anywhere and you're such a stickler for following the rules.

I'll resend the order I sent to you to VEMEX Monica, to make sure you can follow your precious procedures.

Samroski got it right!

The very reason to take reservations was to give Investors the stock already. You already have your shares.

Today only the market makers (if they want) can put shares for sales or can setup buy orders.
From tomorrow anyone in game can go and setup any order they want.

But the "anyone" will be regular guys with ISK but no shares, so they have to buy the shares first.

You, instead, have your shares already. You can just hold them for the dividends or you can sell them or buy more.

Ah ok. So there's no physical ownership of the shares themselves, they're held on the exchange and traded from there, gotcha. I must have misread something, I was expecting to receive the shares and was just curious when they had not arrived and I wondered if I had to make a request for them.

I have one further question which you may feel free to answer when you're feeling better;

Say I place a buy order for 500 shares the MINBSK

So I send the evemail to VEMEX Monica:

MINBSK BUY STOP 1,250,000 500 GTC 0 (a theoretical number for examples sake) So I send 625mil.

Now, obviously this is a human administered system and not an automated one. So you will be handling this data. How will you inform us as to the filling of our orders? Obviously someone is unlikely (though perhaps not) to dump 500 shares at once. Will you inform us when the order is completed or inform us in bits and pieces?

Sorry if this has been answered already but I can't seem to find it and I am curious as I am interested in buying into the other baskets when the opportunity is available.

Your order has been processed.
Still not sure about why you are showing hostility, but hey, business is business, I am OK.

What's "OCD"?

Also, the number of rules is a tiny subset of what you'd get in a RL investment, I am simplifying it as much as I can. The biggest difference is that usually all you are "meant" to do IRL is to go to a bank and give money to a very well dressed dude who "does everything" for you.

End result, totally opaque investment, sometimes in securities with very (untold) high risk, taxable dividends slammed in your face to reduce those the fund should pay and so on.

This way we can see what we're putting ourselves in for rather than having it presented in a 30 page+ contract in bible sized font of legalese and jargon. And having the man / woman opposite you saying "don't worry, just sign here and we'll take care of the rest!" And blowing it all on high risk ventures / using the funds to cover already failing funds and largely being incompetent. (Not that im bitter or anything )

Not new but always a good read about failing funds and how high frequency trading can fail.

2) When selling, please do not send the fee ISK in advance. It will be auto... ehm manually calculated and deducted from the sale revenue. This also helps you keep your ISK in your hands till the sale actually happens.

I would like to purchase 2bn worth of the MINBSK and 2bn worth of the ICEBSK please.

I'll send isk shortly when I return home.

Confirming receipt of the following reservations:

Samroski as Market Maker
Graygor => Sent back the double ISK you sent.
Huttan Funaila
Rebecca Cairn
Irken Slushk as Market Maker
Dean Ozuwara
Rhat Dakota
Val'Dore on behalf of PlanetCorp InterStellar
Elegbara
Jadun
Towaoc
Vargan Armer
Amallya Trueshot
Grombutz
Grendell
TornSoul
Nanatoa
V'en
Kama Sutramax => He sent 200M too much, since (see beginning of thread) the reservations for MINBSK shares were all full when his reservation was posted. However if by October 31st 23:59:59 EvE some of the below Investors won't have sent ISK, his 200M reservation will become active and he'll receive the 200M in MINBSK he wanted. If they all send the ISK instead, I'll send the 200M back.

The following Investors have up to October 31st 23:59:59 EvE time to send ISK (else their reservation will be taken over by the next Investors in queue):

Mortimer Montague
Ford Chicago
Seth Quantix

---

Important: on November 2 after down time, the reservations are free for all, who will post here will get the spot in a first come - first served way.

The following Investors did not send ISK within October 31st 23:59:59 EvE time and therefore their reservations are now void:

Mortimer Montague
Ford Chicago
Seth Quantix

There are now the following amounts open for taking:

ESYFND => 2.2B
MINBSK => 2B
ICEBSK => 2B

Isn't there a queue? Weren't reservations going to be open after DT on Nov 2?
iirc I'm in the queue for ESYFUND, and there are probably a few before me.
Maybe I've missed something....