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Axton Kashuken
Science and Trade Institute
Caldari State
1
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Posted - 2013.08.19 01:52:00 -
[1] - Quote
Lets get to the first question I know you all have:
Why should I invest in you and trust you without collateral?
I have no idea. Maybe you're as crazy as I am (for asking for this loan).
Why do I need your isk?
I need more capital to fuel my manufacturing lines.
Can you elaborate?
I am trying to expand my enterprises and need more isk to produce higher isk per hour products.
Start date: When I get an investor's isk.
End date: 1 month from start date (can be continued if results are satisfactory to me and the investor).
Interest: 5% per month
Collateral: Nope. |
Admiral PizzaRoll
Spacepixels In Space
General Tso's Alliance
14
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Posted - 2013.08.19 02:54:00 -
[2] - Quote
lol.
This might be too terrible to be a scam. |
Axton Kashuken
Science and Trade Institute
Caldari State
1
|
Posted - 2013.08.19 03:05:00 -
[3] - Quote
Admiral PizzaRoll wrote:lol.
This might be too terrible to be a scam.
Please explain. |
RubyPorto
SniggWaffe
YOUR VOTES DON'T COUNT
3908
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Posted - 2013.08.19 08:06:00 -
[4] - Quote
Axton Kashuken wrote:Why do I need your isk?
I need more capital to fuel my manufacturing lines.
Can you elaborate?
I am trying to expand my enterprises and need more isk to produce higher isk per hour products.
So why not use the blueprints as collateral?
This is EVE - Everybody Versus Everybody.
"the risk of having your day ruined by other people is the cornerstone with which EVE was built and we want to keep that (infact, this is much more representative of the consensus opinion within CCP)." -CCP Solomon |
Logical Chaos
Mind Games.
Suddenly Spaceships.
34
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Posted - 2013.08.19 09:24:00 -
[5] - Quote
RubyPorto wrote:Axton Kashuken wrote:Why do I need your isk?
I need more capital to fuel my manufacturing lines.
Can you elaborate?
I am trying to expand my enterprises and need more isk to produce higher isk per hour products. So why not use the blueprints as collateral?
I think Blueprints as Collateral are a terrible idea. Unless you plan to move location it does not matter to the producer if they are locked in place and someone holds the shares. Unless of course you are also the CEO or Director of the Corp. Which is a major inconvenience for the person "holding" the collateral by having to waste one character slot.
Because I know since the introduction of dual character training I don't have any more free character slots, especially not for securing 500m :P.
Back to the loan itself: 5% is WAYYYYY too low for a non-collateral loan. |
RubyPorto
SniggWaffe
YOUR VOTES DON'T COUNT
3908
|
Posted - 2013.08.19 10:03:00 -
[6] - Quote
Logical Chaos wrote:I think Blueprints as Collateral are a terrible idea. Unless you plan to move location it does not matter to the producer if they are locked in place and someone holds the shares. Unless of course you are also the CEO or Director of the Corp. Which is a major inconvenience for the person "holding" the collateral by having to waste one character slot.
Because I know since the introduction of dual character training I don't have any more free character slots, especially not for securing 500m :P.
Back to the loan itself: 5% is WAYYYYY too low for a non-collateral loan.
Blueprints as collateral beats no collateral, and I've got character slots to spare.
This is EVE - Everybody Versus Everybody.
"the risk of having your day ruined by other people is the cornerstone with which EVE was built and we want to keep that (infact, this is much more representative of the consensus opinion within CCP)." -CCP Solomon |
Axton Kashuken
Science and Trade Institute
Caldari State
1
|
Posted - 2013.08.19 13:21:00 -
[7] - Quote
RubyPorto wrote:Logical Chaos wrote:I think Blueprints as Collateral are a terrible idea. Unless you plan to move location it does not matter to the producer if they are locked in place and someone holds the shares. Unless of course you are also the CEO or Director of the Corp. Which is a major inconvenience for the person "holding" the collateral by having to waste one character slot.
Because I know since the introduction of dual character training I don't have any more free character slots, especially not for securing 500m :P.
Back to the loan itself: 5% is WAYYYYY too low for a non-collateral loan. Blueprints as collateral beats no collateral, and I've got character slots to spare.
I only have about 150m of blueprints, and I kind of need them to produce anything. I have about 300-400m of minerals, which I need to produce anything. I have nothing I can offer as collateral. |
Axton Kashuken
Science and Trade Institute
Caldari State
1
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Posted - 2013.08.19 13:24:00 -
[8] - Quote
Logical Chaos wrote:RubyPorto wrote:Axton Kashuken wrote:Why do I need your isk?
I need more capital to fuel my manufacturing lines.
Can you elaborate?
I am trying to expand my enterprises and need more isk to produce higher isk per hour products. So why not use the blueprints as collateral? I think Blueprints as Collateral are a terrible idea. Unless you plan to move location it does not matter to the producer if they are locked in place and someone holds the shares. Unless of course you are also the CEO or Director of the Corp. Which is a major inconvenience for the person "holding" the collateral by having to waste one character slot. Because I know since the introduction of dual character training I don't have any more free character slots, especially not for securing 500m :P. Back to the loan itself: 5% is WAYYYYY too low for a non-collateral loan.
Alright, thanks for the criticism, I've upped the interest rate to 10%. |
Logical Chaos
Mind Games.
Suddenly Spaceships.
34
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Posted - 2013.08.19 14:22:00 -
[9] - Quote
Axton Kashuken wrote:Logical Chaos wrote:RubyPorto wrote:Axton Kashuken wrote:Why do I need your isk?
I need more capital to fuel my manufacturing lines.
Can you elaborate?
I am trying to expand my enterprises and need more isk to produce higher isk per hour products. So why not use the blueprints as collateral? I think Blueprints as Collateral are a terrible idea. Unless you plan to move location it does not matter to the producer if they are locked in place and someone holds the shares. Unless of course you are also the CEO or Director of the Corp. Which is a major inconvenience for the person "holding" the collateral by having to waste one character slot. Because I know since the introduction of dual character training I don't have any more free character slots, especially not for securing 500m :P. Back to the loan itself: 5% is WAYYYYY too low for a non-collateral loan. Alright, thanks for the criticism, I've upped the interest rate to 10%.
That's better.
Now there remains the problem that you are posting with a character that is 1month and 13 days old without a corp history or anything. If that is not your main you should probably post with him instead to raise your chances. |
I Was There
Nigerian Drug Manufactory co.
xXPlease Pandemic Citizens Reloaded Alliance.Xx
70
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Posted - 2013.08.19 14:57:00 -
[10] - Quote
I negotiated with Axton ingame, and we settled at 500m loan for 14 days at 7.5% interest.
It'll start the 20th of August.
I'll receive 537.5m on 3rd of September 2013 |
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Axton Kashuken
Science and Trade Institute
Caldari State
2
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Posted - 2013.08.19 14:58:00 -
[11] - Quote
Loan secured.
500m for 14 days at 7.5%
The loan will start 8/20/13
the loan will end 9/3/2013 |
Axton Kashuken
We make things.... I think
2
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Posted - 2013.09.02 18:05:00 -
[12] - Quote
Interest has been paid.
The loan has now been extended another month at an interest rate of 12.5%.
Start date: September 3, 2013
End date: October 3, 2013
Interest: 12.5%
End Payment: 562.5 mill to I Was There |
I Was There
Nigerian Drug Manufactory co.
xXPlease Pandemic Citizens Reloaded Alliance.Xx
71
|
Posted - 2013.09.02 18:07:00 -
[13] - Quote
I've received the 37,5m isk today, and agreed to extend the loan.
-IWT |
I Was There
Scorpion Invest
83
|
Posted - 2013.10.02 14:24:00 -
[14] - Quote
Payment is today. |
Lord LazyGhost
Pissed Every Night Including Sundays
104
|
Posted - 2013.10.02 16:19:00 -
[15] - Quote
I Was There wrote:Payment is today.
Holds breath |
Private Pineapple
Tea And Sympathy Ltd. Liability
Reckless Ambition
433
|
Posted - 2013.10.02 16:28:00 -
[16] - Quote
I Was There wrote:Payment is today.
Axton Kashuken wrote:End date: October 3, 2013
I am the Kingpin of the Crime and Punishment forum. |
Tigerras
Smash Incorporated
7
|
Posted - 2013.10.02 16:36:00 -
[17] - Quote
Don't worry, if he doesn't pay you can just cash in his collateral.....
Oh, right....
still, 500m is barely worth stealing. Make that 463.5m |
I Was There
Scorpion Invest
83
|
Posted - 2013.10.02 19:37:00 -
[18] - Quote
Wait... I guess we're doing it in different ways. I always assume it's 1month from the day the money is sent, and not the day after. Ohwell. I doubt he'd run off with my 500m. |
Tigerras
Smash Incorporated
7
|
Posted - 2013.10.02 19:40:00 -
[19] - Quote
I Was There wrote:Wait... I guess we're doing it in different ways. I always assume it's 1month from the day the money is sent, and not the day after. Ohwell. I doubt he'd run off with my 500m.
If so, you can hunt the most dangerous game....man. |
Axton Kashuken
We make things.... I think
2
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Posted - 2013.10.03 19:01:00 -
[20] - Quote
this loan has been paid! WOOOOOOH |
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I Was There
Scorpion Invest
83
|
Posted - 2013.10.03 19:01:00 -
[21] - Quote
A grand total of 562 500 000 isk has been received on time. 10/10. Would trust him again. |
Tigerras
Smash Incorporated
14
|
Posted - 2013.10.03 19:32:00 -
[22] - Quote
I Was There wrote:A grand total of 562 500 000 isk has been received on time. 10/10. Would trust him again.
So, we're not going to hunt him like an animal? |
I Was There
Scorpion Invest
83
|
Posted - 2013.10.03 19:40:00 -
[23] - Quote
Unfortunately not |
Axton Kashuken
We make things.... I think
2
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Posted - 2013.10.03 20:31:00 -
[24] - Quote
I Was There wrote:Fortunately not
Fixed that for ya |
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