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Thread Statistics | Show CCP posts - 1 post(s) |
Ricdics
Corporate Research And Production Pty Ltd
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Posted - 2006.08.15 04:33:00 -
[181]
 Originally by: Mung Lore
The right thing needs to be done, and if means that all of Kal's and Callys accounts get baned becouse of it then so be it. I will stand by my potition, 100%.
And if it means that every single EIB / EIBI investor gets screwed, a lot of people will be very unhappy with you. While being persistant is wise, sometimes you need to think before you do things.
It would be like me putting a 50% deposit on a 10 million dollar drug haul, and then going to the police before delivery and advising them of the drug dealer. Your 50% deposit is gone, and you have shot yourself in the foot.
Insured Research and Production Services
Queues |
Barbicane
The Gun Club
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Posted - 2006.08.15 06:00:00 -
[182]
Originally by: Ricdic
Originally by: JP Moregain
Hi Ricdic,
Just for clarity , does this mean you are leaving lockdown because you have had contact with Cally or because you no longer deem that necessary to continue day-to-day operations.
JP
Hi JP, I have spoken to Xendraii. Basically the powers at be have advised that we continue to work as per normal, and continue in all day-to-day transactions. At this point in time, I really cannot say much more. I hope you guys understand, and things should get clearer over the coming days.
Ricdic / Ricdics, could you clarify the "powers at be" part?
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pleasehelpme
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Posted - 2006.08.15 06:06:00 -
[183]
I think the better analogy is one in which someone invests 3 months of their life working to establish an orphanage. After numerous requests to the landlord to fix the plumbing he finds out that the landlord has been using the second floor as a drug lab. He later determines that some of the druggies have sneaked into his kitchen and stolen some food. He notices that the landlordÆs door man is now driving a new BMW (read research lab) and his calls to the landlord go unanswered. He takes his case to arbitration (as spelled out in his lease) only to find that the mediator has a fetish for hanging chads and demands constant recounting of the voting process. All along he sees his children starving as he hears the shell game go on from up above. The landlordÆs evil twin brother, in the mean time, has cajoled access to the safe and goes on a jealous vendetta to close down the orphanage.
So is it better to kill a snake after it has killed once or has killed an entire village?
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Kal D'vogh
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Posted - 2006.08.15 10:53:00 -
[184]
Originally by: Ariu Devine
Kal,
If in fact you have control of EIB assets, including the shares of UEMA, you have NO right, ethically or morally, to use them to vote with. These are held in trust towards the phases of the IPO that were to come in the future.
I, along with 5 others I know of, voted to leave EIB. This does not include Mung. For you to come along and just say 'I'm taking over UEMA, screw what the investors want.' is totally wrong. You have just proven yourself untrustworthy and a low life scum. And by doing what you've done, has just proven to a multitude of people that EIB is dead. I guarantee that you will not be recieving several loans back at all, because they feel this will just go right into your pocket.
You are only concerned about your own growth, not that of the investors. You only spouted off about the investors as a last resort to make yourself look credible. It wont work.
Our position in regards to the UEMA contract is Mung already broke the agreement in removing the EIBbots roles and made purchases that were not required for the UEMA operation.
Since we have enough material to convince us that he was attempting to rip off the UEMA we have taken the decision to seize control of it to prevent him doing so. This condition was stipulated in the contract.
The majority of the UEMA investors are EIB clients, and as such we have their investment to protect.
As for the loans, if you don't want to repay the loan(s) then don't. If you want to tarnish your 'reputation' and be known as a defaulter then by all means don't repay the loan.
There is ways we can make you pay back loans. Just bear that in mind if you want to see your business flourish.
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News
Minmatar
Slacker Industries
Exuro Mortis
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Posted - 2006.08.15 10:59:00 -
[185]
Originally by: Kal D'vogh
There is ways we can make you pay back loans. Just bear that in mind if you want to see your business flourish.
That's rich, coming from someone who's afraid to disclose his own main and actually make himself accountable for his ingame actions and words.
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Kal D'vogh
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Posted - 2006.08.15 11:06:00 -
[186]
Originally by: News
Originally by: Kal D'vogh
There is ways we can make you pay back loans. Just bear that in mind if you want to see your business flourish.
That's rich, coming from someone who's afraid to disclose his own main and actually make himself accountable for his ingame actions and words.
Not afraid. I just don't give into demands made of me. I do things on my terms and mine alone. No-one elses.
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Ricdics
Corporate Research And Production Pty Ltd
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Posted - 2006.08.15 11:09:00 -
[187]
Originally by: Barbicane
Ricdic / Ricdics, could you clarify the "powers at be" part?
Our new boss, Kal has advised us to continue banking options as normal. As he is the one funding this at the moment, as far as I am concerned he is in charge until the return of Cally.
Insured Research and Production Services
Queues |
Pete Wilson
Gallente
Center for Advanced Studies
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Posted - 2006.08.15 12:04:00 -
[188]
Originally by: Ricdics
Originally by: Barbicane
Ricdic / Ricdics, could you clarify the "powers at be" part?
Our new boss, Kal has advised us to continue banking options as normal. As he is the one funding this at the moment, as far as I am concerned he is in charge until the return of Cally.
You poor deluded fool 
On a brighter note, I've got a bridge to sell you 
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Barbicane
The Gun Club
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Posted - 2006.08.15 17:16:00 -
[189]
Originally by: Ricdics
Originally by: Barbicane
Ricdic / Ricdics, could you clarify the "powers at be" part?
Our new boss, Kal has advised us to continue banking options as normal. As he is the one funding this at the moment, as far as I am concerned he is in charge until the return of Cally.
Thanks for setting that straight.
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Barbicane
The Gun Club
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Posted - 2006.08.15 17:20:00 -
[190]
@Pete Wilson:
Will you please post with your main? Almost everyone else as the civil courage to do se. Currently your posts are accomplishing nothing except derailing and ruining the discussion.
I urge everyone to completely ignore posts from Pete Wilson and other alts from now on.
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News
Minmatar
Slacker Industries
Exuro Mortis
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Posted - 2006.08.15 17:38:00 -
[191]
Originally by: Barbicane
I urge everyone to completely ignore posts from Pete Wilson and other alts from now on.
Does that include Kal D'vogh's posts?
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Kenz Rider
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Posted - 2006.08.15 17:38:00 -
[192]
You're kidding right?
Originally by: Barbicane
@Pete Wilson:
Will you please post with your main? Almost everyone else as the civil courage to do se. Currently your posts are accomplishing nothing except derailing and ruining the discussion.
I urge everyone to completely ignore posts from Pete Wilson and other alts from now on.
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Pete Wilson
Gallente
Center for Advanced Studies
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Posted - 2006.08.15 20:26:00 -
[193]
Edited by: Pete Wilson on 15/08/2006 20:27:36
Originally by: Barbicane
@Pete Wilson:
Will you please post with your main? Almost everyone else as the civil courage to do se. Currently your posts are accomplishing nothing except derailing and ruining the discussion.
I urge everyone to completely ignore posts from Pete Wilson and other alts from now on.
I went one better. I posted with my RL name and not some make-believe computer handle like the rest of you (unless of course you're name is Barbicane in RL  )
Besides, me posting with my main or not has no bearing on this entire saga. It's Kal/Cally and their ilk who should be posting with their mains since they're the ones that currently have the power to run off with billions of isk of other peoples money. 
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Natazha
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Posted - 2006.08.15 20:47:00 -
[194]
Originally by: Kal D'vogh
Not afraid. I just don't give into demands made of me. I do things on my terms and mine alone. No-one elses.
Exactly the way it should be with someone who is running a public company... Oh... Wait. |
Naphtalia
Millennium
E.R.A
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Posted - 2006.08.15 22:02:00 -
[195]
Originally by: Natazha
Originally by: Kal D'vogh
Not afraid. I just don't give into demands made of me. I do things on my terms and mine alone. No-one elses.
Exactly the way it should be with someone who is running a public company... Oh... Wait.
The bank isn't a public company :) but I get what you mean.... technicaly though, a private bank can be run however the owner wants it (within legislation of course). And any corp that the bank has >50% shares in can be run in whatever way the bank choses.
But just splitting hairs here.
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Mung Lore
United Eve Mining Association
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Posted - 2006.08.15 22:29:00 -
[196]
Edited by: Mung Lore on 15/08/2006 22:30:22
but them shares was voted to be given back to UEMA control, and hasnt he is using them in a unjust manner.
and the bank doesnt OWN 50% of the shares, did the bank buy them? NO, the bank were holding 50% of the shares in turst no to use them.
they broke that.
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Kenz Rider
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Posted - 2006.08.15 22:30:00 -
[197]
Originally by: Naphtalia
Originally by: Natazha
Originally by: Kal D'vogh
Not afraid. I just don't give into demands made of me. I do things on my terms and mine alone. No-one elses.
Exactly the way it should be with someone who is running a public company... Oh... Wait.
The bank isn't a public company :) but I get what you mean.... technicaly though, a private bank can be run however the owner wants it (within legislation of course). And any corp that the bank has >50% shares in can be run in whatever way the bank choses.
But just splitting hairs here.
Except for the fact a bank can't own a controlling interest in a non-financial instituition in most modern economies.
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JP Moregain
Gallente
Moregain Guaranty Trust
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Posted - 2006.08.15 22:44:00 -
[198]
Originally by: Kenz Rider
Originally by: Naphtalia
Originally by: Natazha
Originally by: Kal D'vogh
Not afraid. I just don't give into demands made of me. I do things on my terms and mine alone. No-one elses.
Exactly the way it should be with someone who is running a public company... Oh... Wait.
The bank isn't a public company :) but I get what you mean.... technicaly though, a private bank can be run however the owner wants it (within legislation of course). And any corp that the bank has >50% shares in can be run in whatever way the bank choses.
But just splitting hairs here.
Except for the fact a bank can't own a controlling interest in a non-financial instituition in most modern economies.
Kenz is quite correct.
However that is often done to reduce the risk to depositors, since deposits are often insured (banks have tended to blow up on non-traditional activities historically). Since there is no deposit insurance in EVE (they are really just unsecured loans to the 'bank') it perhaps makes sense that they can in this case. Of course fear of overly powerful banks was also a contributing factor.
Note that the big banks in the US actually controlled most of the large industrial trusts until the 1930's, so it wasn't that long ago that it wasn't the case.
Unfortunately the current game mechanics essentially make possession 100% of the law, so this would be a classic moot point. All I can say is pay attention to the actions of a corporate head and expect that they will be repeated in future dealings. That is all you have to go on currently.
Good Luck,
JP
"In JP We Trust, All Others Require Collateral..." |
Kenz Rider
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Posted - 2006.08.15 23:05:00 -
[199]
Absolutely and totally a complete moot point.
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Barbicane
The Gun Club
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Posted - 2006.08.16 06:33:00 -
[200]
Originally by: Kenz Rider
You're kidding right?
Originally by: Barbicane
@Pete Wilson:
Will you please post with your main? Almost everyone else as the civil courage to do se. Currently your posts are accomplishing nothing except derailing and ruining the discussion.
I urge everyone to completely ignore posts from Pete Wilson and other alts from now on.
No I'm not kidding. Ignoring them is the only way to stop them.
When you post with your main, you put your own and your corp's reputation and well-being on the line. This makes you think twice about what you post and keeps the discussion on a sane level. If you hide behind an alt, you can say anything without repercussions and in that's just plain cowardice.
Kenz, it would be great if you could adjust forum settings to display your corp name. It would have saved me and others some time looking you up in-game to determine that you're not an alt and should be taken seriously.
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Kareltje
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Posted - 2006.08.16 09:38:00 -
[201]
Originally by: Barbicane
When you post with your main, you put your own and your corp's reputation and well-being on the line. This makes you think twice about what you post and keeps the discussion on a sane level. If you hide behind an alt, you can say anything without repercussions and in that's just plain cowardice.
Hi. I'm an alt. Feel free to ignore me, although I might make a valid point.
Please note the part in your post that I bolded. Feel free to continue on your anti alt parade, but make sure to include Kal D'vogh in your endeavours. I think that out of every alt posting on this subject, he's the one most at risk of repercussions. But yeah, I'm an alt, so what I'm pointing out here is of no value at all.
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Kerushi
Caldari
JuBa Corp
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Posted - 2006.08.16 10:50:00 -
[202]
really don`t see why u ppl blame mung
3 votes to leave the eib
cally agrees to give shares+isk to a 3rd party
cally dissapears, kal appears
4 weeks of trying to get the shares+isk
being threatend by kal for hostile take over
being voted out for liquidation instead of just doing what cally agreed on and keep euma running
not getting borrowed bpo`s back so he takes corp assets as colleteral
if eib agreed that he could run uema with out eib control, who is kal to revoke that?
i`d have done the same, taking assets wich would be liquidated nway as colleteral to get borrowed bpo`s back
with an ass like that, how can u trust eib with all the statements he made? think this is more a personal vendetta of euma leaving eib heh
keep the stuff till u get the bpo`s back cause i`ll bet on it the books will never be correct
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Jaeger Orlofsson
VentureCorp
CORE.
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Posted - 2006.08.16 12:27:00 -
[203]
Well, this whole farce has been very interesting, but I am left wondering whats going to happen with the UEMA shares I bought - 200 of them. One of the main reasons I invested into this IPO was the insured backing being given by EIB. Since this was backed, and in fact I bought my shares from Cally himself, I herby request my refund.
Kal, please contact me ingame to discuss the details of this refund. I will expect this in line with the published UEMA/EIB contract irrespective of the result of the whole 'who holds what assets' debacle.
Regards to all
Jaeger
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Shassandra
Gallente
Garoun Investment Bank
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Posted - 2006.08.16 15:25:00 -
[204]
Originally by: Jaeger Orlofsson
Well, this whole farce has been very interesting, but I am left wondering whats going to happen with the UEMA shares I bought - 200 of them. One of the main reasons I invested into this IPO was the insured backing being given by EIB. Since this was backed, and in fact I bought my shares from Cally himself, I herby request my refund.
Kal, please contact me ingame to discuss the details of this refund. I will expect this in line with the published UEMA/EIB contract irrespective of the result of the whole 'who holds what assets' debacle.
Regards to all
Jaeger
Doubt that's going to happen. Why? Because according to Kal Mung broke the contract, so Kal and EIB owes nothing to the investors of UEMA.
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JP Moregain
Gallente
Moregain Guaranty Trust
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Posted - 2006.08.16 15:52:00 -
[205]
Originally by: Shassandra
Originally by: Jaeger Orlofsson
Well, this whole farce has been very interesting, but I am left wondering whats going to happen with the UEMA shares I bought - 200 of them. One of the main reasons I invested into this IPO was the insured backing being given by EIB. Since this was backed, and in fact I bought my shares from Cally himself, I herby request my refund.
Kal, please contact me ingame to discuss the details of this refund. I will expect this in line with the published UEMA/EIB contract irrespective of the result of the whole 'who holds what assets' debacle.
Regards to all
Jaeger
Doubt that's going to happen. Why? Because according to Kal Mung broke the contract, so Kal and EIB owes nothing to the investors of UEMA.
Perhaps I am a bit slow, but after all the EIB posts about their holding of the UEMA shares to protect the UEMA investors from Mung Lore I am confused by the above statement.
Regards,
JP
"In JP We Trust, All Others Require Collateral..." |
Shassandra
Gallente
Garoun Investment Bank
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Posted - 2006.08.16 16:09:00 -
[206]
Well, so far in all of Kal's statements there have been nothing with regards to how. All he says is "looking out for the investors" yet no plans or a single saying on what he expects or hopes. And with all his posts saying Mung broke the insurance-contract with EIB, I doubt it'll happen.
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Tirg
Forum Moderator
Interstellar Services Department
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Posted - 2006.08.18 20:20:00 -
[207]
Locked for flaming and trolling. If you have any questions, please email us at [email protected].
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