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Thread Statistics | Show CCP posts - 0 post(s) |
Bad Bobby
Bring Me Sunshine
In Tea We Trust
652
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Posted - 2014.12.08 09:52:56 -
[1] - Quote
How much would you be looking to borrow?
What profit margin are you expecting to get from your sales?
Are you willing to provide some kind of security for the loan?
How much are you expecting to pay in interest?
In general, your post is somewhat light on details which isn't great for investor confidence. The first impression is that you are out of your depth. |
Bad Bobby
Bring Me Sunshine
In Tea We Trust
652
|
Posted - 2014.12.08 17:02:02 -
[2] - Quote
CJ Alland wrote:The sum borrowed would be enough to cover the costs of producing the Capital ships
I was hoping for a number.
CJ Alland wrote:The cost to produce would be - 1,099,130,432.44
Yikes.
CJ Alland wrote:and the estimated profit - 400,869,567.56
You expect to sell archons for 1.5B each, that being almost 400m above market price? |
Bad Bobby
Bring Me Sunshine
In Tea We Trust
652
|
Posted - 2014.12.08 17:22:52 -
[3] - Quote
CJ Alland wrote:Yes, I do.
Would you like to expand upon that at all? |
Bad Bobby
Bring Me Sunshine
In Tea We Trust
653
|
Posted - 2014.12.08 17:57:54 -
[4] - Quote
CJ Alland wrote:I would not
Well, that's going to be a problem.
Because looking at this from the outside it appears that you have no idea what you are doing.
Your numbers do not make any sense. Your business plan is vague. Your attitude is poor.
This all points towards you being a bad investment and your project a likely failure.
What I and other investors will need now is a post from you that corrects these issues. If you can't provide that post, then your best course of action would be to contact ISD and ask them to lock this thread before you do any more damage. |
Bad Bobby
Bring Me Sunshine
In Tea We Trust
653
|
Posted - 2014.12.08 18:49:54 -
[5] - Quote
I would suggest that if you do come back with a proposal, you make sure it is one that includes collateral.
An uncollateralised loan to an unknown with a reasonable business plan and good numbers will cap at one or two billion. This will be insufficient for your needs.
The going rate for such a loan is around 10% per month. This will be rather high considering the profit margin on your product, particularly when you are just starting out.
Therefore you will need to provide collateral in order to borrow a worthwhile amount of isk at a rate that will enable, rather than undermine, your plans.
I wish you the best of luck with your venture. I expect it to be a failure, but an educational one! |
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