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Baun
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Posted - 2006.01.28 23:49:00 -
[1]
10billion isk raised in 8.5 hours or so.
Pretty impressive.
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Baun
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Posted - 2006.01.29 02:33:00 -
[2]
Edited by: Baun on 29/01/2006 02:36:25
 Originally by: Randay
errr i hate math, and stuff. can someone maybe make up a practical example of a dividend payout and how long it might take to see a return on say a 1 bil investment of shares?
Best case, about 6 2/3 months I think. That is purely on dividend, not reselling shares.
1billion isk is 20 shares. Best case return (based on 50bil loaned with proper timetable)= 7.5mil per share per month, or 150mil per month for a 1billion isk investment.
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Baun
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Posted - 2006.01.29 02:34:00 -
[3]
Originally by: Callie Nefarious
When and where do we see notification of shares purchased?
Since TS is probably asleep, I will answer. Shares should be distributed starting Monday, pending how much Nashi's roomate is using the computer :P
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Baun
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Posted - 2006.01.29 05:44:00 -
[4]
Edited by: Baun on 29/01/2006 05:44:45
Originally by: Krumpit
Edited by: Krumpit on 29/01/2006 04:42:08
I'd like to come at the collateral point from the other angle.
Are you worried it might be too popular as a quick recycling service? Mission runners can accumulate junk at a rate of knots all over the place, hanger clearance sales already happen on escrow, can the admin side cope with everyone just dumping all their rubbish on you and taking the cash? (no intention to pay interest or repay loan).
Your mineral prices are going to have to compete with market prices at some stage, can they adjust depending on location of assets? (edit: you addressed this one)
Anyway it's the same point as Rod's, minerals are just as volatile as any other asset as security, but I appreciate the "keep it simple" plan at this stage is a good one.
I would think that small loans with collateral all of the place will simply not be in the interest of the bank to bother with.
On the other hand, if they do take any loan they are making an automatic 25% profit margin on the good escrowed, which isnt too bad.
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Baun
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Posted - 2006.01.29 20:45:00 -
[5]
looks like 300 shares have now been sold (15bil isk raised).
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Baun
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Posted - 2006.01.29 20:54:00 -
[6]
O and one question:
BMBE will not be accepting collateral that is in outposts or COnquerable stations, but will be accepting collateral housed in 0.0 NPC stations, correct?
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Baun
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Posted - 2006.01.29 21:08:00 -
[7]
Originally by: TornSoul
Outposts no (as they are not in the the data from t20 - and keeps popping up anyhow)
Std. conqurable stations : Yes.
Some of those BMBE staff might not be able to dock at - But thats really no different than some regular stations in enemy territory (we dont expect carte blanche to go fetch the stuff)
So those will have to be dealt with via subcontractors etc.
Sounds somewhat dicey to me, subcontractors can always get stuff from NPC stations easily, but you really have limited options with conquerable stations.
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Baun
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Posted - 2006.01.29 22:48:00 -
[8]
Originally by: Verite Rendition
How long is it taking shares to go out? I placed an order a few hours ago and still haven't received anything.
Asked and answered, read the thread :O
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Baun
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Posted - 2006.01.30 02:22:00 -
[9]
Originally by: Zembla
Not sure if this has been asked already but; if a person invested 50M, but later on decided he would like to pull out, how would this be realised? Is this not possible? Would the Bank fill the 50M gap, or would the share be available for sale?
Also, if a share is intially worth 50, and let's say the initiative becomes a sounding succes, how would the value of the shares adapt to this? Can these shares be sold? Or are they just a mean of rallying money for the required initial capital?
Another concern of mine was how you would make yourself visible? For an operation like this I can imagine having forum coverage won't suffice. Is there anything specific planned to attract customers?
Sorry if the answers to my questions are considered general knowledge, but I'm not all that familiar with how shares fit into EVE :)
<Z>
If you invest and later need the money you invested you need to find someone to sell the shares to. As most things go the prices of the shares will depend upon their availability and the success of the venture. If you want to sell and no one will buy your shares at any price then they are worthless (which would be essentially impossible if the bank still exists and is loaning money), but if you want to sell and the shares are valued at 2 times the IPO price then you would have doubled your money + whatever you realized from dividends.
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Baun
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Posted - 2006.01.30 18:21:00 -
[10]
Originally by: Rthor
Originally by: TornSoul
If it does not work, it will because (not enough) people are interested in taking out loans.
I fail to see what impact that would have on the BIG reputation.
Wow. Tornsoul, do you stand behind this venture? Would you buy the shares yourself?
Do you have any conception of what he meant?
He is telling you that their administration will not stand in the way of the bank being a success. This means that if the bank does NOT succeed then it will be because no one was interested in using it, not because BIG screwed up running it.
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Baun
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Posted - 2006.01.30 22:19:00 -
[11]
Originally by: Rthor
If the bank fails and the shareholders will lose money it is not going to be our fault but it was the risk that you took when you bought shares. And if you lose money dont hold it against us.
The worst thing that will realistically happen is that no one will want to use the bank and that after X period of time, the bank will dissolve and the money it holds will go back to the shareholders.
Quote:
My question really is if you are trading in BIG reputation for an experiment that other people will pay for you to run. At the very least you could treat shareholders or potential shareholders with respect because you are asking for their money. It is a bit rich to say give us money because we are BIG but if it fails you cannot hold it against us in any way and if you do hold it against us you are crazy because we warned you.
BIG is easily one of the most organized, technically skilled and oldest corps in all of EVE. What Tornsoul is saying is simple; This venture will not fail because of BIG's inadequacy or inability to manage it, but rather has some potential to fail solely because of lack of interest. In that situation it wouldn't particularly be BIG's fault (presuming of course that they have been aggressive in marketting the company), but rather something out of their control. Since they would not then have done anything wrong, their reputation would not suffer.
He isn't suggesting that if you somehow lose all of your investment (which is pretty much impossible), that he precludes you from blaming him. Of course, such a notion is entirely nonsensical to begin with so its not even worth discussing it.
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Baun
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Posted - 2006.01.30 22:21:00 -
[12]
O and on a more relevant note, there looks to be about 25billion in the coffers now.
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Baun
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Posted - 2006.01.31 14:59:00 -
[13]
Looks like shares were given out yesterday .... so people should have them :O
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Baun
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Posted - 2006.02.01 23:11:00 -
[14]
Originally by: Galtan
I just wanted to check you had received the isk sent on the 30/1. Have read all the posts again and I am not sure what confirmation to expect
The confirmation will arrive in the form of your shares, check your wallet.
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Baun
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Posted - 2006.02.05 19:59:00 -
[15]
Originally by: Serenity Steele
Originally by: Elange4
I checked out the interface, and used the system earlier today; it's simple to use, professional, and fast.
Linkage please!
http://www.big-eve.com/BMBE
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Baun
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Posted - 2006.02.07 17:59:00 -
[16]
Originally by: Shar Gath
if u cant track the shares owners how do u want to pay out their money?
Via ingame mechanics. They simply distribute X amount of money to the corp share holders as dividend and you get a % of it according to how many shares you own.
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Baun
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Posted - 2006.02.07 20:24:00 -
[17]
Originally by: NATASHA MAR
How many shares remain left to be sold now ?
292, but I have a feeling that TS just hasn't updated it today. :O
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Baun
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Posted - 2006.02.12 10:08:00 -
[18]
Originally by: ThePoet
whats the expected turn around between the isk being sent for share and a share showing up in my wallet? jsut want to make sure that i actually got the shares before they sell out.
thanks
TS has been updating the post somewhat frequently. My guess is that there may be up to 200 left, so you should probably be safe.
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Baun
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Posted - 2006.02.16 00:58:00 -
[19]
Originally by: Hellspawn01
Originally by: Ray McCormack
You won't get an Eve-mail when your shares are sent, due to both time contraints and the 100ISK default most people have. Not a lot, in both time and money, but enough. Just check under shares, as has been mentioned. I think they've possibly been sent out today.
With regards to an update on the business status, TornSoul said previously she would not release anything until all shares had been sold, as this would give the later investors an unfair advantage (she compared it to 'insider trading'). So just hang in there.
Hah, I said 'she'. 
I¦ve been told in here and via evemail that I get the shares in the next hours which was in the last 2 days but nothing so far. I¦m getting abit nervous here.
Not sure whats going on, but I know that shares have been distributed ..... so, at worst its a matter of time (and its not like you are losing money because the first dividend wont be for another few weeks).
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Baun
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Posted - 2006.03.03 19:21:00 -
[20]
Originally by: TornSoul
/me coughs
I've had the misfortune of beeing sick most of this week... Hence no updates etc.
Expect more full news (and a new thread) sometime during the weeekend.
Stop drinking Carlsburg and get on it !
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