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Block Ukx
Forge Laboratories
75
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Posted - 2012.10.22 23:49:00 -
[1] - Quote
It's been over six years since I started BSAC but the time has come to close the corporation. Free time to play this game has been rare lately. I would like to thank everyone for supporting BSAC. Liquidation instructions will be posted in a few days. Thanks for your patience.
Best Regards,
Block.
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Gunthar West
Blueprint Haus
Get Off My Lawn
0
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Posted - 2012.10.22 23:59:00 -
[2] - Quote
can we liquidate thru the exchange or is that going to be liquidating as well? |
Val'Dore
PlanetCorp InterStellar
58
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Posted - 2012.10.23 00:04:00 -
[3] - Quote
Have you consideed just letting someone buy you out? |
Block Ukx
Forge Laboratories
75
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Posted - 2012.10.23 00:30:00 -
[4] - Quote
Yes, Liquidation will be via the BSAC Stock Exchange.
I have disabled login to make a few changes to the code. Due to my limited time it will be a few days before is back online.
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Block Ukx
Forge Laboratories
75
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Posted - 2012.10.23 00:31:00 -
[5] - Quote
Val'Dore wrote:Have you consideed just letting someone buy you out?
No. My plans is to pay out shareholders and fully liquidate. |
Molic Blackbird
Orion Faction Industries
Orion Consortium
54
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Posted - 2012.10.23 00:49:00 -
[6] - Quote
It's not really surprising news, but it is sad to have it occur. |
Elder Rakou
EntroPrelatial Industria
EntroPraetorian Aegis
1
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Posted - 2012.10.23 00:52:00 -
[7] - Quote
very sad. thank you for all the good times. |
Grendell
Technologies Unlimited
Superior Eve Engineering
100
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Posted - 2012.10.23 01:18:00 -
[8] - Quote
Sad news, good luck in your future projects.
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Block Ukx
Forge Laboratories
75
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Posted - 2012.10.23 02:23:00 -
[9] - Quote
Thanks for the kind words.
Poison is currently selling BSAC's CSF bpos. Once done, I'll reopen the exchange for people to withdraw the ISK.
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Twoso
Hedion University
Amarr Empire
0
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Posted - 2012.10.23 03:08:00 -
[10] - Quote
bit by bit, the old eve vanishes. only a couple more "MD Elites" to go...
remember when that was a thing? |
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Vaerah Vahrokha
Vahrokh Consulting
1943
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Posted - 2012.10.23 08:49:00 -
[11] - Quote
Twoso wrote:bit by bit, the old eve vanishes. only a couple more "MD Elites" to go...
remember when that was a thing?
Well, are there actually any left?
Also, I am not sure Block Ukx was exactly in the "establishment". His exchange dealt with MD elites shares but he was not exactly "in the circle" during the time I played (2099 onwards).
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |
Vaerah Vahrokha
Vahrokh Consulting
1944
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Posted - 2012.10.23 09:00:00 -
[12] - Quote
Block Ukx wrote:It's been over six years since I started BSAC but the time has come to close the corporation. Free time to play this game has been rare lately. I would like to thank everyone for supporting BSAC. Liquidation instructions will be posted in a few days. Thanks for your patience.
Best Regards,
Block.
Good bye, Block Ukx.
With you goes the last real time EvE Exchange. Actually the last Exchange at all (for now).
EvE is growing old and it shows.
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |
Block Ukx
Forge Laboratories
75
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Posted - 2012.10.23 10:14:00 -
[13] - Quote
Vaerah Vahrokha wrote:
Good bye, Block Ukx.
Just to clarify, I'm not leaving the game.
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Twoso
Hedion University
Amarr Empire
0
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Posted - 2012.10.23 20:19:00 -
[14] - Quote
Vaerah Vahrokha wrote:Twoso wrote:bit by bit, the old eve vanishes. only a couple more "MD Elites" to go...
remember when that was a thing? Well, are there actually any left? Also, I am not sure Block Ukx was exactly in the "establishment". His exchange dealt with MD elites shares but he was not exactly "in the circle" during the time I played (2099 onwards).
I thought that was always teh argument. Who was one, who wasn't, who cared. Since I"m in the latter group, I may not have had the details straight. |
Block Ukx
Forge Laboratories
75
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Posted - 2012.10.26 03:12:00 -
[15] - Quote
Please cancel your orders in the exchange and withdraw your ISK via the Exchange.
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corestwo
Goonfleet Investment Banking
807
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Posted - 2012.10.26 04:00:00 -
[16] - Quote
Twoso wrote:Vaerah Vahrokha wrote:Twoso wrote:bit by bit, the old eve vanishes. only a couple more "MD Elites" to go...
remember when that was a thing? Well, are there actually any left? Also, I am not sure Block Ukx was exactly in the "establishment". His exchange dealt with MD elites shares but he was not exactly "in the circle" during the time I played (2099 onwards). I thought that was always teh argument. Who was one, who wasn't, who cared. Since I"m in the latter group, I may not have had the details straight.
Considering how many of them proved to be frauds, thieves and scammers, "who cares" is pretty accurate. 
This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.
fofofo |
Esan Vartesa
Samarkand Financial
271
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Posted - 2012.10.26 07:28:00 -
[17] - Quote
Block Ukx wrote:Val'Dore wrote:Have you consideed just letting someone buy you out? No. My plans is to pay out shareholders and fully liquidate.
This is a shame. The infrastructure you built is of immense value to the community. |
Zoctrine
Tsuna Tide
0
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Posted - 2012.10.26 10:29:00 -
[18] - Quote
Block Ukx wrote:Please cancel your orders in the exchange and withdraw your ISK via the Exchange.
What happens to my 500+k BSAC Shares? Are you going to buy them?
Thank you. |
Azorean
State War Academy
Caldari State
14
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Posted - 2012.10.26 13:15:00 -
[19] - Quote
What happens to the other Stock? Like, ZYDIF - BMBE - EMFI etc... ?
Regards. |
Block Ukx
Forge Laboratories
75
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Posted - 2012.10.26 14:43:00 -
[20] - Quote
Regarding the BSAC Stock, which includes BSAC, BSAMR, BSAMT, Mineral Indices (ISOIF, etc.), and MRD, I will place a buy order as money becomes available. Shareholders will then be able to sell their stock in the Exchange and withdraw their ISK.
The main issue is determining liquidation share price before all minerals are sold. I think most shareholders would agree that selling all minerals to current buy orders is probably not a smart move. Instead, I plan to do a projection on final share price and make an offer in the Exchange. Shareholders can then sell or wait till all minerals are sold.
BSAC stock liquidation, which is the easiest, is now almost complete and I expect to place a buy order this weekend with liquidation price.
Next will be each mineral index. That can take a while in particular the ones I would like to avoid a price loss. I hope that the new patch will help mineral sales.
Once mineral indices are liquidated, I will issue a liquidation price for MRD.
Finally BSAMR and BSAMT will be liquidated.
As you can imagine, this will be a long process with an estimated 3-month completion time.
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TornSoul
BIG
Everywhere - Everything
86
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Posted - 2012.10.27 15:07:00 -
[21] - Quote
Block Ukx wrote:I think most shareholders would agree that selling all minerals to current buy orders is probably not a smart move.
I think you can find a few people here that would be willing to buy minerals in heavy bulk - No need to rely (and wait) on the market for that I think.
While minor, it would save some market/broker fees as well.
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Block Ukx
Forge Laboratories
75
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Posted - 2012.10.27 19:33:00 -
[22] - Quote
Yes, anyone interested in bulk minerals should contact me.
ISOIF is the first fund to sell all of its assets. The Fund currently holds 26,018,703,797.90 ISK with 253,241,536 shares outstanding. The final share price is 102.74 ISK.
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Block Ukx
Forge Laboratories
75
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Posted - 2012.10.29 19:15:00 -
[23] - Quote
BSAC is the second fund to sell all of its assets. The Fund currently holds 65,145,581,546 ISK with 6,073,600 shares outstanding. The final share price is 10,726.02 ISK.
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Vaerah Vahrokha
Vahrokh Consulting
1946
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Posted - 2012.10.29 20:37:00 -
[24] - Quote
Block Ukx wrote:
BSAC is the second fund to sell all of its assets. The Fund currently holds 65,145,581,546 ISK with 6,073,600 shares outstanding. The final share price is 10,726.02 ISK.
I have sent you an eve mail about buying assets. Please reply.
Auditing | Collateral holding and insurance | Consulting | PLEX for Good Charity
Twitter channel |
Block Ukx
Forge Laboratories
75
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Posted - 2012.10.31 19:24:00 -
[25] - Quote
I just processed over 30 B in withdrawls. Keep filling those orders!
I placed a personal small buy order for BSAMR at 100,000 in case you are short of ISK. (100 K is not the final price) |
Block Ukx
Forge Laboratories
76
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Posted - 2012.11.02 03:37:00 -
[26] - Quote
BUY BACKS IN PLACE
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Molic Blackbird
Orion Faction Industries
Orion Consortium
54
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Posted - 2012.11.02 04:23:00 -
[27] - Quote
All ISK I had in the BSAC exchange has been returned. It was a wonderful investment for me. It netting me bilions of ISK over the two years I was invested. I want to publicly thank Block for all his hard work in keeping the exchange going. My only regret was not buying billions of MRDs. |
FU 2
Perkone
Caldari State
0
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Posted - 2012.11.02 10:36:00 -
[28] - Quote
Hello,
I have still BMBE shares, will the exchange keep trading them? Are you liquidating all stock or is the exchange still operate?
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Block Ukx
Forge Laboratories
76
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Posted - 2012.11.02 11:42:00 -
[29] - Quote
Molic,
Thanks for your kind words.
FU 2 wrote:Hello,
I have still BMBE shares, will the exchange keep trading them? Are you liquidating all stock or is the exchange still operate?
Very good question. My plan is to remain playing eve. I enjoy mantaining the exchange, so it will remain open as long as I'm playing eve. BSAC, the corporation is closing, but the BSAC Stock Exchange will remain open.
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Block Ukx
Forge Laboratories
76
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Posted - 2012.11.03 22:36:00 -
[30] - Quote
I would like to encourage the shareholders to post here after selling your BSAC shares about what changes you would like to see in the Stock Exchange. Thanks
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