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Wafflehead
Hurricane Research
31
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Posted - 2013.10.23 19:00:00 -
[1] - Quote
Contents 1. Bond Terms & Conditions 2. Explanation of Terms & Conditions 3. Public Information 4. Bond Purpose 5. Bond Risks 6. Exit Strategy 7. Investor Information 8. Investor List 9. Previous Completed Loans 10. Previous Investors
1. Bond Terms & Conditions
Total Bond Size: 15B (15 Billion) Rate: 10% Bonds: 1B (1 Billion) ISK each (no max purchase) Collateral: None Start Date: 24 October, 2013* End Date: 24 November, 2013* *Dates may change according to ISK receipt date
2. Explanation of Terms & Conditions
15B ISK bond with 10% interest paid per month. 15 bonds at 1B each
No collateral: It simply is not feasible for me to provide a sizable portion of the principle without seriously disrupting my trading and, therefore, this is something that I will not be offering.
Audit: I have no intention to arrange one, however if this proves essential for investors confidence then we can discuss contacting a reputable auditor and having one performed.
Interest: Will be paid at the end of the term within 24 hours of the end date.
Pull-Out: If you wish to pull-out then the interest earned will be calculated on a daily basis and you will not receieve the full 10%. You must give 48 hours notice.
3. Public Information
I would like to stay as transparent as possible. Alts: Dai007 (Main), Mattikus Saken (Production), Rex Anguine (Production), Doctor Salcazzis (Production)
4. Bond Purpose
I am currently station trading with a NAV of around 40B, the bond funds will be injected straight into my trading operations and will allow me to expand into more buy orders & higher quanities which in return will lead to more profits. Buy low/sell high strategy with fast turnarounds.
5. Bond Risks
Scam: This is something that will always popup, and there has been countless discussions about it. There is nothing I can do to absolutely assure you that this will not happen, all I can tell you is I am not interested in any scam attempt or rep grinding or anything of these sorts.
Wardec: I will not be leaving the station to do anything. Public courier contracts are used to move any items.
6. Exit Strategy
If anything was to go wrong then all buy orders will be cancelled and sell orders will be priority. All principal and interest will be returned as if the bond had completed.
7. Investor Information
Investors may invest as much as they want, but with a minimum investment of 100M. Public investors please post here and declare your interest. Any silent investors please contact me via eve-mail
8. Investor List None
9. Previous Completed Loans:
G£ö 12B @ 10% - 30 Days G£ö 8B @ 10% - 30 Days G£ö 4B @ 10% - 30 Days G£ö 2B @ 10% - 30 Days G£ö 2B @ 10% - 30 Days G£ö 1B @ 10% - 30 Days G£ö 1B @ 10% - 30 Days G£ö 1B @ 10% - 30 Days G£ö 1B @ 15% - 1 Month
10. Previous Investors
GÇó Pinnel GÇó Kraillach GÇó Michelle P1H9A8N1 GÇó okoolos rimmer GÇó I Was There GÇó Plato Idari |
Wafflehead
Hurricane Research
31
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Posted - 2013.10.23 19:01:00 -
[2] - Quote
Reserved. |
Wafflehead
Hurricane Research
31
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Posted - 2013.10.23 19:47:00 -
[3] - Quote
Uppsy Daisy wrote:I take your lol and raise it two lols.
- No clear strategy apart from 'station trading' - tick - No audit - tick - Ever increasing bonds used to finance previous bonds interest payments - tick
Maybe investors will get lucky this time, but this ones gonna go 'boom' soon.
Strategy is clear - Buy low, sell high - Tick (Station trading is not complex and there is nothing more to a station trading strategy) Audit - What would an audit accomplish? You would be able to tell that I am actually a trader and discover what items I trade with?.
I don't quite understand your last point, the previous loan has been completed & all principals & interest were paid out BEFORE this bond was offered.
If any investor is genuinely interested then I can provide a report from Eve-Mogul. |
Wafflehead
Hurricane Research
31
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Posted - 2013.10.23 20:08:00 -
[4] - Quote
Vera Algaert wrote:I don't know if somebody has asked this in any of your previous threads (I apologize if so) but could you tell us a few words about Hurricane Research?
It doesn't seem to be a freshly created alt corp and I am a little curious how you ended up in control of it.
Apologies I will update the Public Information section now.
Hurricane Research was bought back on 21st September from the Sell Orders - https://forums.eveonline.com/default.aspx?g=posts&m=3631500 Grendell was used as a 3rd Party. All but Dai007 are members of that corp
X ATM092 wrote:His large point was referring to the fact that repaying 1.2b in interest a day before announcing that you want an additional 3b in investment is not actually indicative of trustworthiness. A cynical man might think that you repaid the 1.2b in interest as an expense to be offset against the 3b you wished to loan.
Had you requested another 12b loan then you would have been taking a loss by being honourable and not stealing it. However if you successfully fill this 15b loan then the repayment will have not cost you 1.2b but rather gained you 1.8b.
1.22B was paid out in interest. So with your logic I am taking a loss of 20M?. There is no loss, I made over 26B this month so 1.22B interest was taken out of the profits. Do you not understand this?.
Uppsy Daisy wrote:I forgot.
No collateral - tick
I place this post merely so that when this one runs off with your hard earned money I can come back, point my finger and say "I warned you!"...
As detailed in the bond offering, it would be stupid to offer collateral on a station trading operation. If i had 15B collateral I would just simply sell it.
Common Sense - Not ticked |
Wafflehead
Hurricane Research
31
|
Posted - 2013.10.23 21:11:00 -
[5] - Quote
X ATM092 wrote:Waffle, you're not understanding. Try reading it again.
I totally understand, the point is invalid. Why would I look to offset the interest paid-out in another loan/bond? It makes no sense.
Again, the comments that have been raised by yourself and Uppsy Daisy have no weight or backing on your theories.
My previous loans have always successfully finished with good profits and interest/principal has always been returned. I keep hearing the same comments - "XXX scammed so you will too".
Also, why bother commenting if you don't get involved with investments?. What previous records do you have in market investments that gives you the ability to determine what is a 'safe' risk or not? |
Wafflehead
Hurricane Research
31
|
Posted - 2013.10.24 04:10:00 -
[6] - Quote
Medgeth is a RL friend, doesn't play a lot anymore.
Haha from what i can recall the ticket buying was a mere bump for the lottery. As it was secured then I had no way to scam it.
Eve-Mogul report would confirm that I am actually trading. I dont know who does audits that is still active enough to request one. Plus as you say it does nothing to prove its not a scam - which is what most players have a problem with. |
Wafflehead
Hurricane Research
31
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Posted - 2013.10.24 04:21:00 -
[7] - Quote
Thoraemond wrote:Wafflehead wrote:There is no loss, I made over 26B this month so 1.22B interest was taken out of the profits. So last month, you started with a NAV of about 23 billion and borrowed 12.2 billion (total about 35 billion) and made 26 billion with that, a return of roughly 70-odd % over a month. Seems okay. You claim your NAV is now about 40 billion. So this suggests that, even without borrowing, you get a return of something like 28 billion over the next month, if you maintain a similar rate of return from last month to this. So at this point, borrowing 15 billion ISK for a month advances your operation to a size it will reach anyhow in a couple of weeks. A two-week difference like that can be quite meaningful at the start of a trading career when the cost of a PLEX or two for your accounts is eating up a lot of your gross, but at this point, it's not clear why this is important. It seems like a bit of a hassle to borrow that ISK from the public when you'll likely hit the same point in your own NAV in a fortnight
Agreed and correct the investment would put me forward a couple of weeks. It just helps with adding more ISK to my current buy orders.
With the 15B I will earn my profits faster, without it as you say I will still turn a decent profit. I need ISK to simply pump into my trade orders and for that I am offering a decent interest payout. |
Wafflehead
Hurricane Research
31
|
Posted - 2013.10.24 08:46:00 -
[8] - Quote
Setsune Rin wrote:just get an audit and be done with it, saves you so much hassle
i sincerely hope this blows up, a lessons needs to be taught to some people apparently.
I have searched the forums and I cannot find any active audit services. Do you know of any? Edit: I have sent an email to Vaerah Vahrokha, as she did an audit on one of Rykker's bonds.
An audit may be a waste of time, it is just going to confirm what you already know, I am a trader and some of my previous investors have noticed buying items off me from the market.
I am happy to complete an audit if the price & terms are good, although I don't see it assuring anyone. |
Wafflehead
Hurricane Research
31
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Posted - 2013.10.24 15:55:00 -
[9] - Quote
flakeys wrote:Setsune Rin wrote:just get an audit and be done with it, saves you so much hassle
i sincerely hope this blows up, a lessons needs to be taught to some people apparently.
I agree , OP i will fill the remaining 13 B . Tell me when to send the isk.
Confirming 13B investment from flakeys.
That makes the bond closed and started. Dates will stay the same - 24th November to finish |
Wafflehead
Hurricane Research
31
|
Posted - 2013.10.25 10:48:00 -
[10] - Quote
I Was There wrote:During the 12,2b loan you were all blaming him for rep-grinding. I was scared that he'd decide to cash-out on that on.
I know its hard to believe but i have no intention to 'cash-out'.
If i had collateral that I wasn't using then I would offer it, but all my ISK is liquid involved in trading. |
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Wafflehead
Hurricane Research
31
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Posted - 2013.10.25 17:26:00 -
[11] - Quote
okoolos rimmer wrote:I believe that the op is on the level although to be honest him having run those lotteries in the past did not help. However when you ask people for isk with no collateral you give them implicit permission to ask all kinds of questions about your intentions and finances. Asking for API/audit etc is not unreasonable at all.
Did you actually read the lottery post? It was secured by SOMER, if you check the post that shows the workings out (odds & profits). I was making a loss!. This char was used to 'bump' the thread and did not purchase a large number of tickets.
The numbers were locked and already chosen.
The ONLY way I could have scammed the lottery was if I bought alot of tickets, giving me a higher chance to win. 1 ticket out of 200 does not qualify it to be classed as a scam.
Agreed, it was something that shouldn't have been done but the true scale of the impact was hardly anything.
I expected more from you okoolos rimmer, even helped you with your spreadsheet problem. |
Wafflehead
Hurricane Research
31
|
Posted - 2013.10.25 18:08:00 -
[12] - Quote
okoolos rimmer wrote:I see we are getting into "personal" comments so I'm done here.
Nothing "personal" about my post. Just asked a simple question if you had 'actually' read the lottery post, as the person who brought it up didn't seem to find it that alarming.
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Wafflehead
Hurricane Research
32
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Posted - 2013.11.08 15:40:00 -
[13] - Quote
Update:
Profit: 23.4B Profit Per Day: 1.46B
Estimated Total Profit: 44B
I have purchased 'Shania Robertson' with the intention of trading in a different hub. Possible Amarr, I am running the numbers to see which hub is most profitable. |
Wafflehead
Hurricane Research
38
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Posted - 2013.11.24 17:04:00 -
[14] - Quote
Interest has been paid out flakeys - 1.3B Silent investor - 200M
Both investors have decided to continue their investment and roll over for another month.
Same terms, just will now finish on 24th Dec. (Maybe a day or two sooner as it is Christmas) |
Wafflehead
Hurricane Research
39
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Posted - 2013.11.28 21:06:00 -
[15] - Quote
Apologies I have been a bit busy.
Report at end of Month #1 (24th Oct - 24th Nov)
Total Profits: 42,333,162,932 (42.33B) Profit Per Day: 1,322,911,342 (1.32B)
Profits are near enough how I calculated. I think this is an upper limit of profits I will reach. To exceed even more I would require more ISK capital. |
Wafflehead
Hurricane Research
46
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Posted - 2013.12.16 12:03:00 -
[16] - Quote
Small Update: Profits: 24,834,854,843 (24.8B) Avg Per Day: 1.079.776.298 (1.07B)
Profits are a little less this month due to less play time due to IRL issues. Total profit should be around the 33B mark. |
Wafflehead
Hurricane Research
46
|
Posted - 2013.12.16 18:31:00 -
[17] - Quote
flakeys wrote:Wafflehead wrote:Small Update: Profits: 24,834,854,843 (24.8B) Avg Per Day: 1.079.776.298 (1.07B)
Profits are a little less this month due to less play time due to IRL issues. Total profit should be around the 33B mark. Hope these issues are not of the terribad kind there mate .
Nothing bad, just had a small operation and been recovering a bit (nothing major or life threatening). Thanks tho :) |
Wafflehead
Hurricane Research
62
|
Posted - 2013.12.24 09:23:00 -
[18] - Quote
Interest has been paid out flakeys - 1.3B Silent investor - 200M
Both investors have decided to continue their investment and roll over for another month at the same terms.
Due to finish on 24th Jan 2014.
Merry Christmas All! |
Wafflehead
Hurricane Research
62
|
Posted - 2013.12.25 13:10:00 -
[19] - Quote
Uppsy Daisy wrote:We'll contrary to my earlier comments this seems to be going swimmingly!
Sorry Waffles!
Happy Christmas and get well soon...
Its OK :). Yes going quite swimmingly, flakeys has earned an easy 2.6B over 2 months. (although this is probably a spec compared to his ISK).
Merry Christmas to you too!. |
Wafflehead
Hurricane Research
68
|
Posted - 2014.01.15 21:40:00 -
[20] - Quote
Everything going well. Into the 3rd month and sustaining profits.
Estimated Profit this month so far: 38.89B Projected profit at end of month: 54.11B (? This may not be accurate but we shall see)
Profit per day is around 1.6B
Will update again on the 24th of Jan |
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Wafflehead
Hurricane Research
68
|
Posted - 2014.01.23 11:32:00 -
[21] - Quote
End of the 3rd month.
Profits: 49,739,868,013 (49.7B) Little bit under the projected profit of the previous post.
Average Profit Per Day: 1,604,511,871 (1.6B)
Interest has been paid out flakeys - 1.3B Silent investor - 200M
Onto the 4th month!. |
Wafflehead
Hurricane Research
68
|
Posted - 2014.01.23 19:49:00 -
[22] - Quote
flakeys wrote:Confirming interest received.
Also confirming that i have contacted waffle to increase my size with 5 B . Additional isk has now been sent to waffle .
Confirmed
2014.01.23 19:41:52Player Donation5,000,000,000.00 ISK flakeys deposited cash into Wafflehead's account
Thanks! |
Wafflehead
Hurricane Research
71
|
Posted - 2014.01.27 16:11:00 -
[23] - Quote
The other investor who wishes to remain silent/anonymous will be increasing their investment to 4B (+2B).
Bond Size: 22B flakeys: 18B Silent Investor: 4B |
Wafflehead
Hurricane Research
73
|
Posted - 2014.02.22 16:46:00 -
[24] - Quote
End of the 4th month. (24th doing it a bit early)
Profits: 54,838,001,364.99 (54B)
Average Profit Per Day: 1.8B
Interest has been paid out flakeys - 1.8B Silent investor - 400M |
Wafflehead
Hurricane Research
73
|
Posted - 2014.03.10 19:47:00 -
[25] - Quote
My silent investor would like to become known.. Philadelphia lawyer and also look to increase the investment to 10B. 6B increase.
flakeys has been contacted and is happy with the additional increase.
Bond now stands at:
flakeys - 18B Philadelphia lawyer - 10B
Same rates/terms apply. |
Wafflehead
Hurricane Research
77
|
Posted - 2014.03.23 14:39:00 -
[26] - Quote
End of another successful month!. I will post report later.
Interests have been paid out.
flakeys - 1.8B Philadelphia lawyer - 1B |
Wafflehead
Hurricane Research
93
|
Posted - 2014.04.23 19:36:00 -
[27] - Quote
End of another successful month.
Profits in the region of 50B +
Payouts flakeys - 1.8B Philadelphia lawyer - 1B
Will roll over for another month. |
Wafflehead
Hurricane Research
93
|
Posted - 2014.04.24 09:48:00 -
[28] - Quote
Your comments and figures look somewhat correct to me (there has been character/asset purchases along the way)
To be honest the latest increase of bond was not requested by myself, they were offered by the investors themselves looking to earn a bit more.
As you said the extra ISK hasn't really had much of an impact at the moment, really due to not putting it to use. I have kept my current trading practices the same throughout the loan apart from the last month (March > April). The profits for that period were in the region of 70B
I have other ventures that I am looking to get into and this bond is going to close shortly, probably at the end of this month (May payout).
I owe flakeys and Philadelphia lawyer for both of them taking a risk in investing in me and for that I have been happy to continue the bond and pay something back!
Hope this answers your questions. |
Wafflehead
Hurricane Research
93
|
Posted - 2014.04.24 10:46:00 -
[29] - Quote
Updated, had to check the numbers to make sure it was accurate :). |
Wafflehead
Hurricane Research
96
|
Posted - 2014.05.24 19:51:00 -
[30] - Quote
Apologies for the delay.
Successful month, profits in region of 38B Lower profits were expected, moved house and have been settling in and setting up new office space/workstation area. Had to wait for broadband to be installed and home network setup.
I am going to run this for another month as I have not had time to sort out my next venture.
Interests paid out: flakeys - 1.8B Philadelphia lawyer - 1B |
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Wafflehead
Hurricane Research
96
|
Posted - 2014.06.22 22:27:00 -
[31] - Quote
Interests paid out: flakeys - 1.8B Philadelphia lawyer - 1B
Will post profit calculation later on. Expecting lesser profits than before. Been away on a weeks holiday with the family and have been having some issues with my internet connection (packet loss caused by a faulty router). Everything seems to be all good now with that replaced.
Again happy to continue this for another month as I have had hardly any time to prepare my next venture.
I guess both investors will be happy with this, I will let you guys know once it comes to a close! |
Wafflehead
Hurricane Research
101
|
Posted - 2014.07.24 17:57:00 -
[32] - Quote
Interests paid out: flakeys - 1.8B Philadelphia lawyer - 1B
That time of month again.
Profits: 63,430,130,436.72
New month :) |
Wafflehead
Hurricane Research
101
|
Posted - 2014.07.24 20:53:00 -
[33] - Quote
flakeys wrote:Wafflehead wrote:Interests paid out: flakeys - 1.8B Philadelphia lawyer - 1B
That time of month again.
Profits: 63,430,130,436.72
New month :) Sitting with a nice glass of red whine in spain on one of my last days here , i confirm receipt of interest
Oh what I would give to be in spain drinking some Sangria right now!. Enjoy the rest of your holiday :) |
Wafflehead
Hurricane Research
103
|
Posted - 2014.08.23 17:07:00 -
[34] - Quote
Interests paid out: flakeys - 1.8B Philadelphia lawyer - 1B
Profits: 36,947,090,261.68
Lower amount as had less time to play this month.
Loan will finish on the 24th September. Looking to start something different :) |
Wafflehead
Hurricane Research
105
|
Posted - 2014.09.24 19:39:00 -
[35] - Quote
Delays on my new project so I am going to extend this for 1 last month. It will close on the 24th October. Hopefully this is ok with the investors - If not please contact me and I will sell stock to pay out.
Interests paid out: flakeys - 1.8B Philadelphia lawyer - 1B
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Wafflehead
Garoun Investment Bank Gallente Federation
105
|
Posted - 2014.10.06 22:21:00 -
[36] - Quote
Sorry flakeys & others only now seeing the notifcation flags I have been busy lol.
A Fine Line has nothing to do with this bond, never has, never will. The risk profile has not changed. The bond will finish this month as I no longer need the investment.
I like to keep my messages, mail and any other communication IN character. Yes you can search through the forums to find who owns who but thats not how I communicate. (If I wanted to hide my characters I could have just made a alt to buy them).
The CEO of A Fine Line has commented on the article. http://themittani.com/news/crius-factories-and-racketeering#comment-1622412386
I appreciate the concern of others as the two investors took a gamble investing in me and it HAS paid off for them. From day one I insured that I was not looking to scam and I will not.
flakeys & Philadelphia lawyer I will sending your investment back once I have liquidated enough of my stock. You will gain the interest for October but the payout will be before the 24th.
If you have any questions feel free to post them or evemail me directly. |
Wafflehead
Garoun Investment Bank Gallente Federation
107
|
Posted - 2014.10.06 22:21:17 -
[37] - Quote
Sorry flakeys & others only now seeing the notifcation flags I have been busy lol.
A Fine Line has nothing to do with this bond, never has, never will. The risk profile has not changed. The bond will finish this month as I no longer need the investment.
I like to keep my messages, mail and any other communication IN character. Yes you can search through the forums to find who owns who but thats not how I communicate. (If I wanted to hide my characters I could have just made a alt to buy them).
The CEO of A Fine Line has commented on the article. http://themittani.com/news/crius-factories-and-racketeering#comment-1622412386
I appreciate the concern of others as the two investors took a gamble investing in me and it HAS paid off for them. From day one I insured that I was not looking to scam and I will not.
flakeys & Philadelphia lawyer I will sending your investment back once I have liquidated enough of my stock. You will gain the interest for October but the payout will be before the 24th.
If you have any questions feel free to post them or evemail me directly. |
Wafflehead
Garoun Investment Bank Gallente Federation
105
|
Posted - 2014.10.10 11:54:00 -
[38] - Quote
Closing Interests paid out: (taking it up to the 24 Oct) flakeys - 1.8B Philadelphia lawyer - 1B
Investment ISK returned: flakeys 18B Philadelphia lawyer 10B
Thanks again for your invesment :).
Will be more offerings soonGäó |
Wafflehead
Garoun Investment Bank Gallente Federation
107
|
Posted - 2014.10.10 11:54:08 -
[39] - Quote
Closing Interests paid out: (taking it up to the 24 Oct) flakeys - 1.8B Philadelphia lawyer - 1B
Investment ISK returned: flakeys 18B Philadelphia lawyer 10B
Thanks again for your invesment :).
Will be more offerings soonGäó |
Wafflehead
Garoun Investment Bank Gallente Federation
105
|
Posted - 2014.10.10 15:12:00 -
[40] - Quote
I certainly will do :). Thanks |
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Wafflehead
Garoun Investment Bank Gallente Federation
107
|
Posted - 2014.10.10 15:12:29 -
[41] - Quote
I certainly will do :). Thanks |
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