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Jesters Knight
Catalyst Reaction
Xelas Alliance
   |
Posted - 2006.10.09 03:13:00 -
[1]
Conformation that this is my alt
Ingame website to help management
( + )+( * ^ ) =  ^ + |
Bishop Vic
Eclipse Enterprises
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Posted - 2006.10.09 03:13:00 -
[2]
I am trying to get the money together to buy a NYX BPO to research and sell BPCÆs
I plan on making this more into a long term loan. I plan on starting payouts within 3 weeks.
The total invested will be 20 Bil (20,000 shares at 1 mil each)
The total payout will be 30 Bil.
At that point I will decide weather to keep going in another venture or to buy back the shares and go again.
The corporation that this is going through is an alt corp of Jesters Knight.
If you would like to invest please post in this topic and transfer ISK to Bishop Vic.
Shares will be transferd ASAP (no less than once every 24 hours I will transfer shares)
Eclipse Enterprises, when you absolutly have to have it launderd.
(no, we dont do shirts) |
Dark Shikari
Caldari
Imperium Technologies
Firmus Ixion
|
Posted - 2006.10.09 03:23:00 -
[3]
And thus it is time to ask this IPO some questions.
1. How much do you expect to sell each Nyx BPC for?
2. Why do you think there will be enough demand to make that much of a profit?
3. How long do you expect it to take to make the entire payout?
4. Does your sig refer to money laundering?
5. Why should we trust you with 20 billion ISK?
6. The Nyx BPO takes longer than 3 weeks to copy, I believe. How, in that case, will you start payouts within 3 weeks?
-[23] Member-
Awesome new space games site, from the editor of E-ON! |
Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.09 03:31:00 -
[4]
 Originally by: Dark Shikari
And thus it is time to ask this IPO some questions.
1. How much do you expect to sell each Nyx BPC for?
Each BPC will be sold for 5 bil.
Quote:
2. Why do you think there will be enough demand to make that much of a profit?
I am not depending on the BPC market to pay it back, as i plan on paying it back before the BPC's really take off.
Quote:
3. How long do you expect it to take to make the entire payout?
Honestly I do not know exactly due to the way i will be paying out (explained in a moment)
Quote:
4. Does your sig refer to money laundering?
Yes, it was mostly for amusement way back when.
Quote:
5. Why should we trust you with 20 billion ISK?
I dotn know if i would trust myself with 20 bil, so i am going to buy the BPC and turn it over to the research division to research and copy for sales.
Quote:
6. The Nyx BPO takes longer than 3 weeks to copy, I believe. How, in that case, will you start payouts within 3 weeks?
Not only that, but it takes a REALLY long time to reserach ME.
I plan to start paying back with profits from mining. if you search the sales forum i usually make 1-2 bil each week mining. it was more but i got a new job so I do not want to wait to mine it and save it.
that brings me to the topic of time to pay back; it will take at the most 30 weeks, bt i plan on much sooner, especially once the BPO comes out of research and BPC's start getting sold off.
Ingame website to help management
(+)+(*^) = ^+ |
Ricdic
Caldari
Corporate Research And Production Pty Ltd
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Posted - 2006.10.09 06:20:00 -
[5]
Originally by: Jesters Knight
Each BPC will be sold for 5 bil.
Sounds a little steep, but I dont really know the prices these ships sell for.
Quote:
I dotn know if i would trust myself with 20 bil, so i am going to buy the BPC and turn it over to the research division to research and copy for sales.
I am not sure if you have done your actual research on this, or your post has come across as confusing. It is impossible to research a bpc. I assume you mean you will buy the bpo and give it to your research department. If you can't even trust yourself with this, how do we know you will pass it over to your research guys at all? And are we expected to trust your research department when we don't know who these guys are at all?
Quote:
I plan to start paying back with profits from mining. if you search the sales forum i usually make 1-2 bil each week mining. it was more but i got a new job so I do not want to wait to mine it and save it.
that brings me to the topic of time to pay back; it will take at the most 30 weeks, bt i plan on much sooner, especially once the BPO comes out of research and BPC's start getting sold off.
Assuming it takes 30 weeks to recieve a 150% payout to shareholders, this would calculate down to a 20% per month ROI. Can you confirm this? You say you plan to make the profit off mining, however then go on to say that you won't be able to mine (as much?) any more due to a new job and don't want to save for the bpo yourself. So this portion of your post is somewhat pointless as 1-2 billion isk a week will not be possible for you anyway.
Based on your 5% per week ROI promise, you would need to mine 1 billion isk a week in profits, which you have directly said above won't be possible any more due to your RL commitments (else you would have just saved up the funds yourself).
I hope you can clear all of this up a bit. Right now, it feels to me to be a very poorly researched setup, with a large amount of risk, and a lot of contradicting statements. Kinda looks like you have no actual figures in place, and you are just making the answers up as you go along.
If I were an EGSe market dude, I would probably be putting a rating down on your business at this point in time, of around 10% . I am not able to check your character age (maybe someone in-game can advise us here), this may increase your percentage a bit.
Your forum rating shows:
First Post: 2005-09-16
Posts: 282
I don't know if this is roughly the amount of time you have spent in eve, just over 1 year. I would probably add approximately 15% to my rating of your corporation per year in Eve.
Oh, and you also advised that Jester is your alt, however Jester has had tons more posts than Bishop Vic. Not sure if you meant Jester was your main or not, but this is another way it kinda feels that posts have been hastily written without any thought or proofing behind them.
People can make their own decisions, but I would like to see the above questions answered, and information that doesnt add up, corrected before I even consider buying into this IPO.
Due to the large amount of get-rich-quick scammers out there, I hope you understand that you really need to have a rock-solid story when starting your own business venture. It won't do to just say, I want to build a nyx and sell copies, so send me 20b. It might work for trusted individuals who have proven themselves, but will never get far with a standard eve gamer.
If this is all legit and you get off the ground, I wish you the best of luck in your endeavour. C-R-A (when it comes under new ownership) may be able to run your research and copies for you out of their POS if you want the faster copy/research times (if your research department hasnt already established this.
final question for now:
1)If your research department have a POS and plan to use if for the carrier, is it in safe empire space and are they at war? Will research be done inside the POS or remotely?
Insured Research and Production Services |
Ricdic
Caldari
Corporate Research And Production Pty Ltd
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Posted - 2006.10.09 06:22:00 -
[6]
Sorry just thought of another good question:
* If you don't know if you can trust yourself with 20 billion isk, how can we trust your judgement that your research department can be trusted?
will add more questions as they come to me, and I assure you, they will 
Insured Research and Production Services |
Shin Ra
BURN EDEN
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Posted - 2006.10.09 07:03:00 -
[7]
Come on dude, if you want to scam us at least go to the trouble of creating a half decent buisiness plan. This is just lazyness" 
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Salazar N'terre
Caldari
Intergalactic Combined Technologies
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Posted - 2006.10.09 08:32:00 -
[8]
Why not just get a loan from BMBE instead?
"People who think they know everything are a great annoyance to those of us who do."
"Laugh and EVE laughs with you. Cry and EVE laughs louder."
-Anonymous |
Dark Shikari
Caldari
Imperium Technologies
Firmus Ixion
|
Posted - 2006.10.09 09:28:00 -
[9]
Originally by: Shin Ra
Come on dude, if you want to scam us at least go to the trouble of creating a half decent buisiness plan. This is just lazyness"
Scammers are lazy
-[23] Member-
Awesome new space games site, from the editor of E-ON! |
Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 02:54:00 -
[10]
The NYX sells for about 22 bil each.
Catalyst reaction has a very established empire research division. They have proven to make profit from there BPC sales for a long time now.
When I said I didnÆt trust myself with 20 bil is because I like to spend isk, I do much better with small purchases or small payouts, that is why I know that I will be able to pay this back to shareholders, it will just take a while.
The 1-2 bil was the amount that I make after a reduced mining time.
When I started my new job I dropped doing regular supply runs and have been freelance selling off my minerals as I get them, that is why I started using the forums.
However now that I have a few buyers marked I just shoot them evemails whenever I have large quantities and they usually buy them off of me.
Jesters Knight is my main, however I am handling all the shares through my alt corp, the CEO of is Bishop Vic
Jesters Knight is my first character; Born on 2005.09.07so I have been in the game for a little over a year.
As far as getting a loan from BMBE is the lack of collateral. This is the first major purchase that I am trying to make.
I apologize for the way the plan looks, I think that it is a good solid plan I am just having difficulty putting the proper wording together.
And if it was a scam I wouldnÆt tell you who my main was :P
Ingame website to help management
(+)+(*^) = ^+ |
Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 02:55:00 -
[11]
Originally by: Dark Shikari
Originally by: Shin Ra
Come on dude, if you want to scam us at least go to the trouble of creating a half decent buisiness plan. This is just lazyness"
Scammers are lazy
requesting a moderator clean the rabble out of the topic.
if you would like to ask constructive questions please do, I dont thing of everything and will be happy to answer.
but pelase be constructive.
Ingame website to help management
(+)+(*^) = ^+ |
Barbicane
The Gun Club
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Posted - 2006.10.10 06:14:00 -
[12]
The idea with BMBE is that you let them buy the BPO, research and copy it for you. While they do the researching you keep on mining and pay the weekly interest. I think that sounds like a great opportunity to you. The interest rate will most likely be much lower than what you just offered to pay to investors.
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Shin Ra
BURN EDEN
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Posted - 2006.10.10 07:28:00 -
[13]
Originally by: Jesters Knight
Originally by: Dark Shikari
Originally by: Shin Ra
Come on dude, if you want to scam us at least go to the trouble of creating a half decent buisiness plan. This is just lazyness"
Scammers are lazy
requesting a moderator clean the rabble out of the topic.
if you would like to ask constructive questions please do, I dont thing of everything and will be happy to answer.
but pelase be constructive.
OK here is some constructive discussion:
I firmly believe you are attempting to scam us here.
Reasoning:
1) You have no formal business plan.
2) You are asking for 20 billion, yet the bpo only costs 16.2 billion.
3) You are investing no money of your own, which means you are poor, which increases the chance of scamming.
4) All this, despite you claiming to make 1-2 bil per week from mining
5) Surely you can see from our point of view, you have a high chance of being a SCAM. How can you proove us wrong?
6) You are in effect asking us for a loan. Why not do a deal with BIG to get a loan from them and they will research your BPO while you pay it back.
7) Your main is less than a year old and has no reputation at all. Furthermore, there is always the chance you bought this character recently.
The onus is on YOU to proove that your are legit, not me to proove otherwise.
If you can't come up with good solid answers to all these questions then I will continue to voice my opinions.
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Ferrosa
Gallente
Lyonesse Inc.
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Posted - 2006.10.10 08:55:00 -
[14]
Guilty till proven otherwise?
Official broker at the EvE Galactic Stock Exchange |
Argenton Sayvers
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Posted - 2006.10.10 10:34:00 -
[15]
Originally by: Ferrosa
Guilty till proven otherwise?
Thats the difference between a good judge and a good investor ;)
As for the topic: show some research why people would want Nyx BPCs ... especially at a price of around 30% of the original BPO. From my understanding, when building a nyx, 16b for the BPO are a small concern.
As for the part about mining... what has that to do with your IPO? Do you plan to buy expensive mining equipment (hulks, mining accounts, merc protection for 0.0 space) or do you just want to give the investors money from your own wallet to create the fake impression of a profitable business?
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Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 13:41:00 -
[16]
Originally by: Shin Ra
Originally by: Jesters Knight
Originally by: Dark Shikari
Originally by: Shin Ra
Come on dude, if you want to scam us at least go to the trouble of creating a half decent buisiness plan. This is just lazyness"
Scammers are lazy
requesting a moderator clean the rabble out of the topic.
if you would like to ask constructive questions please do, I dont thing of everything and will be happy to answer.
but pelase be constructive.
OK here is some constructive discussion:
I firmly believe you are attempting to scam us here.
Reasoning:
1) You have no formal business plan.
2) You are asking for 20 billion, yet the bpo only costs 16.2 billion.
3) You are investing no money of your own, which means you are poor, which increases the chance of scamming.
4) All this, despite you claiming to make 1-2 bil per week from mining
5) Surely you can see from our point of view, you have a high chance of being a SCAM. How can you proove us wrong?
6) You are in effect asking us for a loan. Why not do a deal with BIG to get a loan from them and they will research your BPO while you pay it back.
7) Your main is less than a year old and has no reputation at all. Furthermore, there is always the chance you bought this character recently.
The onus is on YOU to proove that your are legit, not me to proove otherwise.
If you can't come up with good solid answers to all these questions then I will continue to voice my opinions.
What exactly Constitutes a formal businuess plan? im sorry if the way i put it my first time didnt meet your exact specifications but opening your mouth about a scam instead of asking these questions simply destroys my credibility and yours.
if i had made 16,500 shares would you be more intersted? if not then this is a stupid question. 20k shares was a nice even number, the extra 3.5 bil could have gone to so manny extra things, perhaps even buying an already researched BPO that i would only have to research further.
in reply to "i am poor"
http://home.waldosjoint.com:82/pics/ships.png
I am not exactly poor, i am simply bad with money. last time i had 2 bil sittin in my alts wallet i went on a shopping spree and spend 1.5 bil on skillbooks and got a caracal navy issue after lookign at it for about a week and a half.
I will explain the Loan at the bottom of this post, as it has been asked before.
youve gotta love the "your only a year old and have no reputation"
in order for someoen to build a reputation they have to be given a chance and trusted. unfortunatly i didnt start borrowing money from the public for every little thing that i needed. however due to my spending habbits i often borrow sever hundred mill weekly from other members of my corporation and then pay it back at the end of the week from sales.
if you would like to voice your opinion thats fine, i just wish you had asked questions first to help someone who had no experience in this area before destroying any chance of it working out.
even if you go back now and change your topic i gaurntee that several investors will never read this topic again thanks to your pre-imptive bashing.
Originally by: Barbicane
The idea with BMBE is that you let them buy the BPO, research and copy it for you. While they do the researching you keep on mining and pay the weekly interest. I think that sounds like a great opportunity to you. The interest rate will most likely be much lower than what you just offered to pay to investors.
Because the few times i have tried to contact them i have not gotten any reply.
as a shareholder for BMBE this might work out better, however i have not been able to get intouch with a broker and im tired of trying without getting anything from it.
Ingame website to help management
(+)+(*^) = ^+ |
Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 13:44:00 -
[17]
Originally by: Argenton Sayvers
As for the topic: show some research why people would want Nyx BPCs ... especially at a price of around 30% of the original BPO. From my understanding, when building a nyx, 16b for the BPO are a small concern.
As for the part about mining... what has that to do with your IPO? Do you plan to buy expensive mining equipment (hulks, mining accounts, merc protection for 0.0 space) or do you just want to give the investors money from your own wallet to create the fake impression of a profitable business?
while i agree that if i was selling ME0 BPC's this might be the case. However i plan on having it researched up to ME 5 (or better) and selling the BPC's then. this will take a while for the research to be done and will save BPC buyers quite a bit of time and money.
Ingame website to help management
(+)+(*^) = ^+ |
Erfnam
Time Cube Syndicate
Daikoku Trade Syndicate
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Posted - 2006.10.10 14:06:00 -
[18]
Originally by: Jesters Knight
while i agree that if i was selling ME0 BPC's this might be the case. However i plan on having it researched up to ME 5 (or better) and selling the BPC's then. this will take a while for the research to be done and will save BPC buyers quite a bit of time and money.
Please show info on blueprints and do a build cost comparison before stating research levels. Bringing that print to ME 5 shows that you have put no effort in to this beyond "I want a Nyx BPO and people are questioning me". I think that anyone who invests in this "venture" deserves what they get.
(For those who are not in game and had no reason to research this print yet)
In a mobile lab, it'll take over 2 months per ME level and bringing the print past ME 1 is not worth it since the build time is about 3 weeks (16 days in array). ME 0->1 will save about 700m, but 1->2 will only save about 250m.
BYOM Raven, Apoc, Domi - Casino - [TCCS] |
MoeStyles
Minmatar
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 14:20:00 -
[19]
I understand anyone that would be leary of jumping into an investment deal such as this but I would like to say for record and towards the point of Jesters' credibility that he has repeatedly invested into operations of the corp his main resides in and as well has proven to us that he honors his loans from members within the corp in better than a timely manner.
The drive for capital ships in 0.0 has increased greatly over the last several months and I myself have seen several mothership bpcs on escrow for roughly 5bil with 0 to 1 ME and further more have noted a couple dropping from escrow before they were to expire. So obviously someone is buying these. As more and more pilots are able to fly capital ships the market for them is of course going to increase dramatically.
There is also the principal to consider that most people that purchase a 16bil BPO are not going to want it in 0.0 if they can keep from it. BPCs become more appealing to folks that don't wish to risk having that sort of an investment in a position where it could be lost so easily all the while not wanting to have to deal with keeping up a low sec POS operation to perform research and copies themselves since that would mean extra work of maintaining operations in places other than where they normally operate.
Granted, this doesn't apply to all production corps but not all production corps are interested in having to deal with the research side if they can focus their efforts in pure production.
I can already say that we're going to support Jester in purchasing the BPO. He simply wanted to see about presenting the opportunity to folks that would like to invest and make a bit of ISK so that he could aquire the BPO sooner than later.
Either way, all is good. I totally understand why folks would feel the possibility for a scam but as I said, he's always been good on his word to repay any loans taken from us and he's also invested billions into the support of his corp without asking for anything in return.
Cheers,
-Moe
--
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Jesters Knight
Catalyst Reaction
Xelas Alliance
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Posted - 2006.10.10 14:29:00 -
[20]
Originally by: Erfnam
Originally by: Jesters Knight
while i agree that if i was selling ME0 BPC's this might be the case. However i plan on having it researched up to ME 5 (or better) and selling the BPC's then. this will take a while for the research to be done and will save BPC buyers quite a bit of time and money.
Please show info on blueprints and do a build cost comparison before stating research levels. Bringing that print to ME 5 shows that you have put no effort in to this beyond "I want a Nyx BPO and people are questioning me". I think that anyone who invests in this "venture" deserves what they get.
(For those who are not in game and had no reason to research this print yet)
In a mobile lab, it'll take over 2 months per ME level and bringing the print past ME 1 is not worth it since the build time is about 3 weeks (16 days in array). ME 0->1 will save about 700m, but 1->2 will only save about 250m.
when i did a ME comparison i must have used worse skills than i realized, after re-compairing the ME levels Erfnam is correct and as such i will probably only take it to ME1. thank you for pointing this out, but TBH i think we would have realized that when it came out of the research after the first ME level.
Ingame website to help management
(+)+(*^) = ^+ |
Shin Ra
BURN EDEN
|
Posted - 2006.10.10 15:28:00 -
[21]
Edited by: Shin Ra on 10/10/2006 15:29:16
Originally by: Jesters Knight
What exactly Constitutes a formal businuess plan? im sorry if the way i put it my first time didnt meet your exact specifications but opening your mouth about a scam instead of asking these questions simply destroys my credibility and yours.
.
.
.
.
even if you go back now and change your topic i gaurntee that several investors will never read this topic again thanks to your pre-imptive bashing.
A formal business plan is something like this: http://www.eve-iss.com/marginis/index.asp
The fact you don't even know this, worries me. You are the one people are having to trust here, not me. So anything I say have no effect on me.
So you decided to take 20 billion isk from IPO sales because it was "a nice even number". It doesn't work like that. You have no accurate calculations and no evidence to support your claim that you can and will make money. Many extra things? Like what? This is our money and we want to know what you will be doing with it. People aren't just going to give their money to someone who doesn't know excatly what hes going to do? If this were a real life IPO, you would have been laughed at for appearing to ignorant. The same principles apply to EVE as to RL. U must know what your talking about and have done your research. You clarly have not! It took you a couple of minutes to type all of that and for all that you honestly expect to recieve 20 billion isk from investors?
Furthermore, you ADMIT you are "bad with money". Yet you want us to give you 20 billion isk. Seriously, what are you thinking!?!
Regarding your reputation, you have none! If you were a prominant builder/seller/researcher in the past, people would know about you and would vouch for you. But you have no reputable people vouching for you from outside your corporation. If your corp and alliance are so confident in you why not restrict the IPO to them? Furthermore, why not convince them to back you - if it turns out to be a scam Xelas alliance will refund 50% of the IPO or something like that? If you can't do that, then that only prooves they don't trust you 100%.
Whenever I question you about a sensitive issue you get all defensive and paranoid. Jsut because people are asking you these tough questions does not mean we are trying to ruin you. We just want to ensure everything runs smoothly and you are the right person to manage something like this.
My advice to you is to stop, take a step back. Listen to what myself and others have said in our criticisms. Look are ISS' website and business plans. Come up with something like this yourself. Do some research, know what you are talking about. Give us examples of previous NYX bpc sales form the forums (use eve-search.com). Show a comparison between the different MEs and PEs. Tell us excatly how long each operation will take. Show research costs etc. Talk to other capital ship builders, hire someone from EMFI to work with you for a few hours on scam prevention assurance. Then come back to us with what you have and you still stand a much better chance of recieveing mine and everyone elses approval.
Shin Ra
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Barbicane
The Gun Club
|
Posted - 2006.10.10 17:05:00 -
[22]
Originally by: Jesters Knight
...
Originally by: Barbicane
The idea with BMBE is that you let them buy the BPO, research and copy it for you. While they do the researching you keep on mining and pay the weekly interest. I think that sounds like a great opportunity to you. The interest rate will most likely be much lower than what you just offered to pay to investors.
Because the few times i have tried to contact them i have not gotten any reply.
as a shareholder for BMBE this might work out better, however i have not been able to get intouch with a broker and im tired of trying without getting anything from it.
Are you sure you really tried? Because just a few hours ago you claimed the reason for not using BMBE was that you didn't have any collateral. |
Baun
4S Corporation
Morsus Mihi
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Posted - 2006.10.10 17:11:00 -
[23]
Originally by: Barbicane
The idea with BMBE is that you let them buy the BPO, research and copy it for you. While they do the researching you keep on mining and pay the weekly interest. I think that sounds like a great opportunity to you. The interest rate will most likely be much lower than what you just offered to pay to investors.
This is definitely more appropriate than an IPO.
The Enemy's Gate is Down
|
Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 18:50:00 -
[24]
Originally by: Barbicane
Originally by: Jesters Knight
...
Originally by: Barbicane
The idea with BMBE is that you let them buy the BPO, research and copy it for you. While they do the researching you keep on mining and pay the weekly interest. I think that sounds like a great opportunity to you. The interest rate will most likely be much lower than what you just offered to pay to investors.
Because the few times i have tried to contact them i have not gotten any reply.
as a shareholder for BMBE this might work out better, however i have not been able to get intouch with a broker and im tired of trying without getting anything from it.
Are you sure you really tried? Because just a few hours ago you claimed the reason for not using BMBE was that you didn't have any collateral.
this is a good point, and i apologize for my bad wording.
what i should have said is that according to there webasite i do not have the collatoral and had been unable to get intouch with a loan broker to work something out.
and TBH i thougt that people would be more intersted in investing a little bit and getting alittlebit and a half back. it would appear that this is not the case.
i have since been in contact with a BMBE loan broker and they are reviewing the application and will get back to me with peticulars of the deal.
Ingame website to help management
(+)+(*^) = ^+ |
Jesters Knight
Catalyst Reaction
Xelas Alliance
|
Posted - 2006.10.10 19:11:00 -
[25]
Originally by: Shin Ra
Edited by: Shin Ra on 10/10/2006 15:29:16...
I would like to thank you for pointing out the Business plan, however the fact that I donÆt know this on my first try doesnÆt surprise me.
and what you say does have an impact on yourself, true that it doesnÆt have as large an effect as it does on me but you have proven yourself to be someone who jumps to conclusions without establishing the facts. this is not and never was a scam. however simply because I havenÆt had to go public with several smaller endeavors doesnÆt mean I donÆt plan on paying out.
previously I simply have talked with people over TS or asked them in chat and explained it to them. the fact that you didnÆt even take the time to ask questions shows you to be a hasty business man.
but this isnÆt about you.
My business plan was simple, buy the BPO, research it, and sell BPCÆs. while that was happening I would put every spare isk I had back into the share holders in order for them to make a good return on the investment.
No, when I started I hadnÆt researched the optimal ME level, after looking at it it would have become painfully clear that going higher than ME 1 was useless in the short term, so we probably would have stopped after 1, defiantly after 2 for a while.
The fact that I have buyers lined up already doesnÆt matter or come into effect as neither I nor they will give out there information in order to keep the gank squads and hunter teams guessing.
As far as my reputation, well I guess that if you havenÆt heard of me then I am nobody. Just because I donÆt forum ***** and broadcast my endeavors doesnÆt make me unreliable or un-reputable. You simply donÆt know me.
If I decide to re-open the IPO (I say this because of your flames in particular I feel that nobody will invest) I will do as you say is a good idea and sit down and talk to a few people. It would have been nice to see this kind of useful information instead of ôlazy scammerö in your original posts.
For the benefit of everyone involved I will post how this works out so that everyone can see what they missed out on. However due to the extreme negative reaction from a few people here I will most likely close this IPO in 24 hours.
Once again thank you to Dark Shikari and Ricdic for there constructive questions, these were useful and will help me better put together the IPO if it goes public again.
Ingame website to help management
(+)+(*^) = ^+ |
Skarii TuThess
CompleXion Industries
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Posted - 2006.10.10 20:11:00 -
[26]
I'm so going into Eve consultancy, because (not to insult you Bishop / Jesters) your poor pitch and lack of background research has ruined what could have been a very profitable venture, and I'm fed up seeing good ideas ruined in this way.
What people want to see from a plan is... well basically a situation where they have to sit down and scratch their heads to come up with any question or flaw. No plan will be flawless, but the ease at which some members here have been able to disrupt your plan has shown that it was not ready to go "live". Risk is about much more than scams.
You need to demonstrate everything that happens from the isk arriving in your wallet to it coming back in mine. And that means absolutely everything. And if things go wrong I need to know that you have a plan.
This is not meant as flaming at all, so I do apologise if this is coming across harshly, but with the current economic climate you need to be rock solid in this to stand a chance with even a small IPO, let alone 20bn.
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Jesters Knight
Catalyst Reaction
Xelas Alliance
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Posted - 2006.10.10 20:16:00 -
[27]
Originally by: Skarii TuThess
I'm so going into Eve consultancy, because (not to insult you Bishop / Jesters) your poor pitch and lack of background research has ruined what could have been a very profitable venture, and I'm fed up seeing good ideas ruined in this way.
What people want to see from a plan is... well basically a situation where they have to sit down and scratch their heads to come up with any question or flaw. No plan will be flawless, but the ease at which some members here have been able to disrupt your plan has shown that it was not ready to go "live". Risk is about much more than scams.
You need to demonstrate everything that happens from the isk arriving in your wallet to it coming back in mine. And that means absolutely everything. And if things go wrong I need to know that you have a plan.
This is not meant as flaming at all, so I do apologise if this is coming across harshly, but with the current economic climate you need to be rock solid in this to stand a chance with even a small IPO, let alone 20bn.
if you do go into businuess please let me know, it is apparant that i dont really know what im doing when it comes to writing up a businuess plan as i dont have any RL experence and there isnt exactly a guide for it (that i have found).
Ingame website to help management
(+)+(*^) = ^+ |
Shin Ra
BURN EDEN
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Posted - 2006.10.10 20:52:00 -
[28]
Originally by: Jesters Knight
Originally by: Shin Ra
Edited by: Shin Ra on 10/10/2006 15:29:16...
I would like to thank you for pointing out the Business plan, however the fact that I donÆt know this on my first try doesnÆt surprise me.
and what you say does have an impact on yourself, true that it doesnÆt have as large an effect as it does on me but you have proven yourself to be someone who jumps to conclusions without establishing the facts. this is not and never was a scam. however simply because I havenÆt had to go public with several smaller endeavors doesnÆt mean I donÆt plan on paying out.
previously I simply have talked with people over TS or asked them in chat and explained it to them. the fact that you didnÆt even take the time to ask questions shows you to be a hasty business man.
but this isnÆt about you.
My business plan was simple, buy the BPO, research it, and sell BPCÆs. while that was happening I would put every spare isk I had back into the share holders in order for them to make a good return on the investment.
No, when I started I hadnÆt researched the optimal ME level, after looking at it it would have become painfully clear that going higher than ME 1 was useless in the short term, so we probably would have stopped after 1, defiantly after 2 for a while.
The fact that I have buyers lined up already doesnÆt matter or come into effect as neither I nor they will give out there information in order to keep the gank squads and hunter teams guessing.
As far as my reputation, well I guess that if you havenÆt heard of me then I am nobody. Just because I donÆt forum ***** and broadcast my endeavors doesnÆt make me unreliable or un-reputable. You simply donÆt know me.
If I decide to re-open the IPO (I say this because of your flames in particular I feel that nobody will invest) I will do as you say is a good idea and sit down and talk to a few people. It would have been nice to see this kind of useful information instead of ôlazy scammerö in your original posts.
For the benefit of everyone involved I will post how this works out so that everyone can see what they missed out on. However due to the extreme negative reaction from a few people here I will most likely close this IPO in 24 hours.
Once again thank you to Dark Shikari and Ricdic for there constructive questions, these were useful and will help me better put together the IPO if it goes public again.
I'm not being harsh, I'm being real. Guilty until proven innocent in the case of IPOs in EVE im afraid. Everything u've said with regards to ur rep could well be true, but it doesn't proove you can be trusted. You start with 0 trust and earn it. Re-read everything I've said and use it to make a better IPO. Then, read your IPO and think, how could this be viewed as a scam, and then try to do something about it.
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Ricdic
Caldari
Corporate Research And Production Pty Ltd
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Posted - 2006.10.11 01:51:00 -
[29]
This thread is an excellent example of the mould we have designed IPO's to follow. 4 months ago, this guy would have likely only had a few questions asked, and a ton of shares sold.
However, now, the public have become smarter, doing their research, and expecting well written business plans and as much information given as possible.
Jester, while I think the "you are a scam" etc posts were unnecessary, I hope this gives you and other potential investors, an idea on the level of effort and time that needs to be placed into an endeavour like this. We (the shareholders) have been burnt far too many times, but now, we have grabbed our pitchforks, and we now run the "Guilty until proven innocent" setup.
Unfortunately you were one of the first to bear the standards body type treatment, but really we (in our own ways) are securing our investments. We ask the most complicated questions for the following reasons:
* We look for *****s in your business plan
* We look for consistency
* We look for scam signs (poor research etc)
* We determine your trust value
So best of luck in the future, scam or not, you have learnt some valuable information here. Remember, we are the ones who have spent months building up the 20 billion isk in our own funds. Why should we hand it all over to someone who has spent 1-2 hours telling us how he needs it.
I hope you and all other people looking to go into business can take this under their belts, as well as the other posts in this thread.
Insured Research and Production Services |
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