Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 30 40 .. 46 :: one page |
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Author |
Thread Statistics | Show CCP posts - 2 post(s) |
Rahn Altyr
Minmatar Dark-Rising Fallen Souls
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Posted - 2006.12.11 20:31:00 -
[751]
Sending 100m isk for more bonds.
The Dark is Rising. Come, and rise with us. |
EFS Manager
Eve Financial Services
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Posted - 2006.12.11 21:27:00 -
[752]
Originally by: Black Spartan Edited by: Black Spartan on 11/12/2006 19:39:51 what was this months % pay out ? i will prob take 100mil isk worth depending on answer thanks
So far we have paid out 6% every single month of operation, however we expect December to be 7%.
Regards,
EFS Manager
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Black Spartan
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Posted - 2006.12.11 21:29:00 -
[753]
is there any guarantee that you wont just stop giving out dividends ? not being funny just new to shares....
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EFS Manager
Eve Financial Services
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Posted - 2006.12.11 21:41:00 -
[754]
Originally by: Black Spartan is there any guarantee that you wont just stop giving out dividends ? not being funny just new to shares....
Yes, there is. In fact FIN is the only investment that is guaranteed. I suggest reading through the FIN business plan which is linked on the first page of this thread.
Kind regards,
EFS Manager
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N'Cole K'Urtis
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Posted - 2006.12.11 22:40:00 -
[755]
Can I have 20 million ISK of bonds please?
ISK sent.
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EFS Manager
Eve Financial Services
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Posted - 2006.12.12 01:59:00 -
[756]
Originally by: N'Cole K'Urtis Can I have 20 million ISK of bonds please?
ISK sent.
Yes, you are welcome to. I have transfered your bonds already as well as everyone else that has sent Isk today.
Kind regards,
EFS Manager
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EFS Manager
Eve Financial Services
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Posted - 2006.12.12 09:01:00 -
[757]
It is morning and a great day to start your future off by investing in something that makes you Isk rather than something that looses you Isk.
/EFS Manager
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ammargal
Amarr D00M. Triumvirate.
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Posted - 2006.12.12 09:05:00 -
[758]
50mill sent to EFS manager again :)
--- Need a Sig ? --- |
nuchols
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Posted - 2006.12.12 09:32:00 -
[759]
Want to buy 50million worth, transfered money to EFS manager (used Lord Cal, my mistake wont use alt again)
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Sara Harvey
Gallente Harvey INC The Confederation
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Posted - 2006.12.12 09:59:00 -
[760]
100 mil isk worth of shares plz, sending isk now . Sara Harvey
14 Day Free Trial . |
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Lord Tuga
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Posted - 2006.12.12 19:04:00 -
[761]
200 mil isk worth of shares, money send
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Entripedia
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Posted - 2006.12.12 21:31:00 -
[762]
Isk sent for shares. I hope this works out well.
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Dal Thrax
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Posted - 2006.12.12 23:31:00 -
[763]
Hum. Well I'm to noobish to have the ISK to invest but a couple of comments.
1) Other than the fact that T2 BPO's are somehow involved there is not much detail on the business plan. No real info is given on the assets held in trust. One concern I have is are you selling gear or renting BP's to a third party (for example BoB).
2) There is no formula as to how bonus dividens will be paid nor restriction upon invading borrowed funds to pay dividens.
3) Bond holders have no right to participate in the governance of the corporation.
4) This corporation seems to hinge on the actions of one key person. Even with a number of alts there is a RL limit to how much time can be put into the venture, then may very well be less than is required to manage the large amounts of capital being raised (then again managers real life business plan may involve selling time codes on E-Bay).
5) Bonds are secured against only one asset, BPO's and not the full materials and equipment of a going concern (this means that if the deal goes south the principals get to walk away with a bunch of POS and the like while the investors get only the value of the BPO trust).
6) This corporation seems highly leveraged. The initial investment is used to buy more BPO's which increases the capital of the business allowing you to borrow more money to buy more BPO's. Basically like real estate investing. The principals can easly make money as each purchase of new capital increases the amount that can be borrowed. (Lets say that 120 isk is put up for security for a loan of 100 isk. You use that 100 isk to buy a bpo. You know have collateral of 220 isk i.e. 120% of 183. This is 83 isk more than the initial authorized amount of 100 isk. Reinvest 40 isk in more BPO's and keep the other 40 ISK for yourself for a 33% profit on investment, rinse, repeat until diminishing returns makes the business model no longer viable. At which point the exit strategy would come into play, flood the market with cheap BPO's and the hole thing goes boom).
In short um it would be nice to know you were actually making something and that the trust was secured against the diversified assets of the going concern and not just the BPO's.
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Darussalaam
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Posted - 2006.12.13 01:22:00 -
[764]
Edited by: Darussalaam on 13/12/2006 01:28:46 430 mil sent to efs manager, 43 shares please
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EFS Manager
Eve Financial Services
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Posted - 2006.12.13 01:48:00 -
[765]
Originally by: Dal Thrax Hum. Well I'm to noobish to have the ISK to invest but a couple of comments.
1) Other than the fact that T2 BPO's are somehow involved there is not much detail on the business plan. No real info is given on the assets held in trust. One concern I have is are you selling gear or renting BP's to a third party (for example BoB).
2) There is no formula as to how bonus dividens will be paid nor restriction upon invading borrowed funds to pay dividens.
3) Bond holders have no right to participate in the governance of the corporation.
4) This corporation seems to hinge on the actions of one key person. Even with a number of alts there is a RL limit to how much time can be put into the venture, then may very well be less than is required to manage the large amounts of capital being raised (then again managers real life business plan may involve selling time codes on E-Bay).
5) Bonds are secured against only one asset, BPO's and not the full materials and equipment of a going concern (this means that if the deal goes south the principals get to walk away with a bunch of POS and the like while the investors get only the value of the BPO trust).
6) This corporation seems highly leveraged. The initial investment is used to buy more BPO's which increases the capital of the business allowing you to borrow more money to buy more BPO's. Basically like real estate investing. The principals can easly make money as each purchase of new capital increases the amount that can be borrowed. (Lets say that 120 isk is put up for security for a loan of 100 isk. You use that 100 isk to buy a bpo. You know have collateral of 220 isk i.e. 120% of 183. This is 83 isk more than the initial authorized amount of 100 isk. Reinvest 40 isk in more BPO's and keep the other 40 ISK for yourself for a 33% profit on investment, rinse, repeat until diminishing returns makes the business model no longer viable. At which point the exit strategy would come into play, flood the market with cheap BPO's and the hole thing goes boom).
In short um it would be nice to know you were actually making something and that the trust was secured against the diversified assets of the going concern and not just the BPO's.
1) You are free to check with the trustees if I am renting BP's to a third part or who they are being sold to. Everything is open market.
2) There is no formula because these are not shares. They are bonds, and as such owning them does not make FIN answerable to you. If you have concerns regarding where the Isk to pay dividends is coming from, I suggest you ask the trustees.
3) If for some reason I can not continue with this, the BPOs will be sold off to cover investors. The values used for surety are not hopeful figures but rather based mostly on existing offers that I have.
5) If bonds are secured to 120% of value it does not matter what they are secured against. You do not have a right to the business itself, which is 100% owned my myself. Essentially a Bond means that you have loaned Isk to the business (FIN) in return for interest secured against fixed property.
6) The leveraging of the corp is never more than 83% (120% security) and in practice has yet to exceed 60% (167% security). This was stated as a criteris right from the start and has never changed. If you think 120% security as a worst case is too risky for you then I suggest you invest your Isk elsewhere.
In summary, yes we are making plenty, but don't take my word for it. Feel free to ask Dark Shikari, Femintaki and EMFi Manager if we are or not. On your point of diversified assets, I think you are missing the fact that the BPOs make up more than 99% of the corp assets.
We are now as we always have been, sticking to the agreement in the original business plan and proposal to the letter. If you do not like the business plan for some reason, then please invest your Isk elsewhere.
Sincerely,
EFS Manager
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Moyeni
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Posted - 2006.12.13 06:39:00 -
[766]
I'll take another 60 mil in shares. Isk is being sent. Ty! =)
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Thews Mortaza
Minmatar Republic Military School
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Posted - 2006.12.13 08:40:00 -
[767]
15,000,000.00 ISK sent at (2006.12.13) 08:38 to EFS Manager for relevant amount of in-game shares.
(Sig) Your momma so fat ... when I tried to scoop her to my cargo hold, she don't fit ! |
EFS Manager
Eve Financial Services
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Posted - 2006.12.13 10:27:00 -
[768]
Originally by: Darussalaam Edited by: Darussalaam on 13/12/2006 01:28:46 430 mil sent to efs manager, 43 shares please
430 Mill is 43,000 bonds which I assume is what you wanted. The bonds have been sent.
Kind regards,
EFS Manager
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captain kikaz
Paradox v2.0 Tactical Narcotics Team
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Posted - 2006.12.13 17:21:00 -
[769]
50mill transfered
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azurisk
Caldari Locust Horde
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Posted - 2006.12.13 20:16:00 -
[770]
10 Billion isk wired, Awaiting receival of bonds.
Azurisk
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EFS Manager
Eve Financial Services
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Posted - 2006.12.14 01:23:00 -
[771]
Originally by: azurisk 10 Billion isk wired, Awaiting receival of bonds.
Azurisk
That is the biggest single purchase (at once) so far. bonds checked, double checked, and triple checked before sending.
Regards,
EFS Manager
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FuzzBuzz
Caldari Templars of Space CORE.
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Posted - 2006.12.14 02:11:00 -
[772]
20mil sent sent
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Marla Roo
Caldari Shinra
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Posted - 2006.12.14 06:32:00 -
[773]
400mil investment just made.
Thanks
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Pascale Guyon
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Posted - 2006.12.14 07:44:00 -
[774]
200 000 000 isk sent, please send shares |
Blue Dice
Gallente Flying While Intoxicated
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Posted - 2006.12.14 14:03:00 -
[775]
Buying bonds for another 50 mil
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Imperius Blackheart
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Posted - 2006.12.14 14:30:00 -
[776]
I will have a further 30 million in shares please.
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Entras
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Posted - 2006.12.14 16:36:00 -
[777]
100 Mill in shares under New Horizons Investment Group
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Trotski II
Rasta Tropical Club
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Posted - 2006.12.14 16:57:00 -
[778]
Sent 100 million to add to the 400 million already invested.
About the vote going on you say to read thread:
http://oldforums.eveonline.com/?a=topicthreadID443773
But thread seems not to exist...
Regards
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EFS Manager
Eve Financial Services
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Posted - 2006.12.14 17:00:00 -
[779]
Originally by: Trotski II Sent 100 million to add to the 400 million already invested.
About the vote going on you say to read thread:
http://oldforums.eveonline.com/?a=topicthreadID443773
But thread seems not to exist...
Regards
My apologies. The thread should be: http://oldforums.eveonline.com/?a=topic&threadID=443773. It seems that when I pasted it into the vote description, that for same reason the '&' did not show up.
Kind regards,
EFS Manager
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WamPyr
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Posted - 2006.12.14 19:19:00 -
[780]
150mill transfered to you for 15,000 bonds
Great service EFS
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