| Pages: [1] 2 3 4 :: one page |
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.20 20:56:00 -
[1]
Edited by: Montaire on 20/12/2006 20:59:42 This is a PRE-IPO prospectus.
I have not yet decided to go forward with this project, but all the pieces are in place so I present for peer review my plans. If all goes well I will open SHI up for share reservation after I weather through this peer review stage.
The purpose of this is to gauge interest, get peer review of my plans and gain an insight into the perceived viability of my model.
IPO Review :
Overview û Swingline Heavy Industries
Motherships require a large initial outlay of cash to build. Lots of BPOs must be had, lots of logistics work must be done. There are very few people doing this.
The last public sale of a Wyvern completed at 31 billion isk. Several private sales in the low 30Æs have taken place. This is an untapped market with a very high profit margin for those with the access required to make it happen.
If my IPO is successful we will raise the approximately 32 billion required to start this venture. This will cover the cost of the BPOÆs and minerals to put our first Mothership in the oven.
1.How we are going to make money.
The mothership build cost is approximately 13 billion. Due to the premium placed on the construction, the rarity of the item and the target audience (alliances) this profit margin is relatively sustainable.
The first vessel we sell will break the company even, the second and third will double overall value of the company.
2.How safe is my investment, how can I trust you.
Well this is a doozy of a question, so here come a doozy of an answer. The BPOÆs are going to be locked down in a holding company with 2 independent auditors holding all the shares. This will secure only a portion of the investment, however if I contract mental illness and try to run with the money, this will less the potential.
Since all of the production is going to be done via this holding corp, the independent auditors will have some insight into the operations via the hangar access. The minerals will be set up in a series of batchs. Each stage of the project will be divided. I will hand over the produced components in exchange for another batch of minerals. All of the minerals will be in large containers in a locked down hangar. There will be two hangars, one for each of the auditing partners, each with half of the mins. When I finish one batch I will simply find whichever one of them is around, put the completed components into their audit hangar and they will give me another batch of raw minerals.
Despite these efforts, there will still be a chance that I could run off with some of the minerals. For this your just going to have to trust me.
My mains will be public, so should I go crazy its easy to hunt me down.
Bottom line, 50% of the investment is to be secured by locked down BPOÆs. For the rest, sa***uards are in place, but some degree of trust in me is required.
3.How long will it take to get this off the ground
From the time the BPO fills to the first sale is probably going to take 11 weeks. This includes the setup time, manufacturing time and build time. After that about a 5-6 week cycle to be expected.
4.How much profit are you taking, and how do you justify it.
Im going to take 33% off the profit. The rest will be issued as dividends or (by majority vote of the shareholders) reinvested. The completion of the project requires a great deal of work. 23 freighter loads and over 400 individual hauler runs. This is in addition to the political contacts required to get the system set up.
(continued)
|

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.20 20:57:00 -
[2]
Edited by: Montaire on 20/12/2006 21:00:04 5.Motherships OMG are you crazy ? Someone will come blow that crap up!
The building character will be unknown to everyone but myself and the two auditors. The building character is not in the same corp as me, and the POS doing the constructing will be in a secure system, guarded by mutual agreement by the hosting alliance. A real-life friend of mine is a ranking member of the host alliance, and has committed to the defense of this. The BPOÆs will be locked in the station, and remote builds will be used to ensure the security of the BPOÆs.
I donÆt want to hide the fact that this is risky, but I do want to tell you that IÆve done everything possible to secure this. Should hostiles try to destroy the array they will have to fight through 30+ jumps of well defended space, find the POS, and then figure out which of the 3 capital arrays it is. Then mount a successful attack against one of the most dangerous PVP-based alliances in the game. This group has never lost a station, ever.
Having said that, there is still risk. I feel the mitigating factors are in our favor here.
6.What say do the shareholders have ?
IÆve harped on this a few times. Shareholders shouldnÆt expect to dictate how this is to be run. Because of the sensitive nature of this project, some things like the name of the builder, the name of the holding company and the location of the shipyards simply will not be disclosed.
However, I will always value constructive shareholder feedback, and I will make myself available to answer questions on a regular basis.
7.Why should I invest with you over something else like ISSO
Well the profit potential here is very, very good. ISS shares are droping like rocks, Power Corrupts shares are hard to find, and FIN is a lower return than what I want. If the company ever hangs out the Mission Accomplished Banner, the corp will simply liquidate its assets and do a massive refund.
Half of your investment is secured with BPOÆs. Once the profit margin drops to an unreasonable level, all the shareholders have made their profit and Im sick of the inside of an Occator the corp will liquidate its assets and dividend itself with my thanks to all the shareholders.
You should invest with me because we are going to make ISK. Lots of it. And when I get tired of doing all the work, we will sell our assets and you will have your initial investment back. This is in addition to my expected return of 50% every 2 months.
8.Shares
IÆm issuing 7000 shares, at 5 million isk each. ThatÆs 35 billion, 17 of which will be secured via BPOÆs
I myself will be purchasing 100 of them and transferring them to one of the auditor accounts. This is because I like the idea, and I think it has merit, and IÆm willing to put MY isk on the line too. I will give them to the third party so people know IÆm sincere in my sentiment
|

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.20 20:58:00 -
[3]
Edited by: Montaire on 20/12/2006 21:00:26 And thusly I submit for peer review.
Many thanks in advance.
|

Arktaos
Minmatar The Bratwurst Burglars
|
Posted - 2006.12.20 21:11:00 -
[4]
What is to stop some alliance form jsut wandering in and blowing your pos out of the sky while the mothershihp is building? ---------------------------------
|

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.20 21:16:00 -
[5]
I'll quote you what I wrote and expound a little. I will have it deep in friendly held space. My hosting alliance has agreed to allows this and support its defense and they also produce capital ships in this system
Please note this project has nothing to do with my current corp or alliance. And the hosting alliance isnt who you'd probably guess. And no, Im not going to tell anyone but the trustees who it is save to say they have NEVER lost a station.
Originally by: Arktaos What is to stop some alliance form jsut wandering in and blowing your pos out of the sky while the mothershihp is building?
5.Motherships OMG are you crazy ? Someone will come blow that crap up!
The building character will be unknown to everyone but myself and the two auditors. The building character is not in the same corp as me, and the POS doing the constructing will be in a secure system, guarded by mutual agreement by the hosting alliance. A real-life friend of mine is a ranking member of the host alliance, and has committed to the defense of this. The BPOÆs will be locked in the station, and remote builds will be used to ensure the security of the BPOÆs.
I donÆt want to hide the fact that this is risky, but I do want to tell you that IÆve done everything possible to secure this. Should hostiles try to destroy the array they will have to fight through 30+ jumps of well defended space, find the POS, and then figure out which of the 3 capital arrays it is. Then mount a successful attack against one of the most dangerous PVP-based alliances in the game. This group has never lost a station, ever.
Having said that, there is still risk. I feel the mitigating factors are in our favor here.
|

Marodi Julita
Sublime Investment Fund
|
Posted - 2006.12.20 22:57:00 -
[6]
risky... but with risk comes reward.
I'd be intrested come a time you decide to do this.
|

Pang Grohl
Gallente
|
Posted - 2006.12.20 23:41:00 -
[7]
Is all of the capital for this project going to be raised through the share release, or do you have other sources of capital that will help finance it?
How much demand do you anticipate for the motherships on a monthly basis? Do you have pre-orders or plans for drumming up business.
You anticipate 11 weeks to take the first mothership from order to completion, do you expect this rate of completion for all the motherships that you produce?
Si non adjuvas, noces (If you're not helping, you're hurting) |

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.20 23:52:00 -
[8]
Excellent questions!
All of the funding will be raised with the IPO. I explored the loan option (OMG interest rate, although Ray at BMBe was awesome to work with) and other options such as private backing. THis was the simplest.
I anticipate 11 weeks for the first one, and much shorter for the others, because for the time where #1 is in the cooker BPOs will be researched, minerals will be moved and gathered etc.
Much of the time is setting up logistics and supply trains.
In general, I invision that the demand to be about 8-10 motherships. I figure after the first two are produced the shipyards will have to move to another region, and ever 2-3 thereafter the same for security reasons.,
I anticipate demand right this second, at the 30b price point to be very high. Alliances have deep pockets and very little time to devote to a project like this. I've seen quite a bit of interest in private inquiries, obviously this sort of things is relativly senative, so I cannot speak about who I've asked.
Originally by: Pang Grohl Is all of the capital for this project going to be raised through the share release, or do you have other sources of capital that will help finance it?
How much demand do you anticipate for the motherships on a monthly basis? Do you have pre-orders or plans for drumming up business.
You anticipate 11 weeks to take the first mothership from order to completion, do you expect this rate of completion for all the motherships that you produce?
|

Omber Zombie
Gallente Frontier Technologies
|
Posted - 2006.12.21 00:57:00 -
[9]
What exactly are you purchasing with the 35bil - I can understand the componant bpos and minerals, but are you buying a mothership bpo outright (and if so which one and why that one), or are you buying bpc's to use. Also, are you setting up the POS yourself, or are you using one supplied by your alliance hosts. If you are setting it up yourself, can you give a quick summary of the costs involved in that including purchase of a cap construction yard, defences, fuelling etc. Also, if the alt corp is not a member of the alliance that controls the space you will be puting the pos up in - won't that make it easier to figure out which pos is yours?
Also, you really should drop me an evemail in game regarding the 400 transport runs, there is a far easier/faster way to do this.
sorry about all the questions, but you did ask for them  ----------------------
FTEK is Recruiting |

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.21 01:21:00 -
[10]
I likes the questions, very much :~)
Approximatly 17.2 b goes to buying the components BPO's, 13.2 billion goes to the mineral costs. 1.9b goes to the Capital Assembly Array, the rest of the POS is provided by the hosting alliance. They have 2 arrays up in the system already, hence the mutual desire for defense. They have expressed interest in the ship when it comes out at my target'd price point already. I have a source for Caldari, Gallente or Amarr BPC's at a reasonable (read : confidential) price.
I initial one will proably be Caldari, because of the promimence of Caldari Battleship 5 people out there. Although Gallente is a distict possibility.
440m of fuel will be reserved for the POS itself, fueling will be trying since Its going to have a LOT of strontium in it, but I have access to the game at work, so no problems there. Transport costs Im keeping close for the moment so as not to reveal locations too much.
The alt corp is already in the alliance and has been for some time (to make it hard to pinpoint).
I will toss you a mail when I start the project. Also, if your intersted in bieng one of the trustees I would welcome it.
Originally by: Omber Zombie What exactly are you purchasing with the 35bil - I can understand the componant bpos and minerals, but are you buying a mothership bpo outright (and if so which one and why that one), or are you buying bpc's to use. Also, are you setting up the POS yourself, or are you using one supplied by your alliance hosts. If you are setting it up yourself, can you give a quick summary of the costs involved in that including purchase of a cap construction yard, defences, fuelling etc. Also, if the alt corp is not a member of the alliance that controls the space you will be puting the pos up in - won't that make it easier to figure out which pos is yours?
Also, you really should drop me an evemail in game regarding the 400 transport runs, there is a far easier/faster way to do this.
sorry about all the questions, but you did ask for them 
|

Lypert
|
Posted - 2006.12.21 02:34:00 -
[11]
Edited by: Lypert on 21/12/2006 02:34:09 Thank you Montarie for explaining what you IPO is going to be about if it actually gets up and running :p
Anyway what I want to know is are you going to have a minimum number shares that can be bought when the IPO is to be released? -------------------------------------------------- Zemindar Supremacy is recruiting |

Motivated Prophet
Zerodot Schools Power Corrupts Industry's
|
Posted - 2006.12.21 03:27:00 -
[12]
Will anyone other than you ever fuel the POS? If the answer is, "No," that solves a lot of problems; if I understand POS's correctly, you can simply uncheck the corp and alliance access checkboxes and make the POS accessable by password only. If the answer is, "Yes," then we need to know some hard data on who can steal the mommy out from under you.
Do you have a way to transport the mommy out of the system?
Do you have a method to transfer the mommy in mind? If OZ signs on as a trustee, he could potentially broker the deal for a small fee, perhaps?
Are you going to require some deposit up front from a committed buyer, or are you going to throw this on the sell forums a week before it finishes baking? If the former, the first buyer could perhaps actually be buying shares and thus effectively be getting a discount on his mommy, not to mention future dividends.
Have you worked out how many, for instance, Drone Bay BPO's it will take running in parallel to complete this project? It may end up being far more efficient to acquire them in bulk from an existing producer.
Especially given the Kali changes, I'd strongly suggest a Nyx. Wyvern and Aeon get bonuses to their tank, which really isn't all that important when your primary defense is the ability to jump out any time you want. The Hel, quite frankly, is just terrible. But the Nyx's damage bonus actually matters on a mommy. But then again, it's entirely possible that a lot of alliances already have Nyxen, and would like to equip one or two Caldari, Amarr, or Minmatar pilots, and you could gain a niche. /me shrugs.
MP
|

Motivated Prophet
Zerodot Schools Power Corrupts Industry's
|
Posted - 2006.12.21 03:31:00 -
[13]
Also: 1) I really like this pre-IPO prospectus, but I would suggest allowing people to reserve shares now. No reason to let the excitement of reading your prospectus dissipate. :) 2) Can you change the OP title?
MP
|

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.21 04:06:00 -
[14]
1 - Nobody but myself gets into the POS. I'll give half the PW to each of the trustess, my "Hit by a bus" plan.
2 - Mommy is going to have to leave the system by the owner. The hosting alliance is very keen on purchasing at the price point mentioned (31b) but alternatly I could auction it off on the markets.
3 - A trustworthy third party broker could easily be found. There are several trustworty parties.
4 - For the items build time, it might be cheaper to buy them. However the heart of this is in multiple sales, and the best route to that is via BPO's. I personally have 2 BPO's for Drone bays that I will use. I may also buy BPC's, depending on market conditions.
5 - My capitalistic tendencies say just put it on the forums and let the sharks circle. However I would gladly take guarenteed buyers with a 1/3rd deposit.
6 - I feel the Caldari Choice is best, trutgh be told. LOTS of caldari pilots and I feel long term the Tank of hte carrier will be important in line with CCP's major plans long term.
As for the Minmatar one, yeah, its crap.
IPO is now taking share reservations.
Originally by: Motivated Prophet Will anyone other than you ever fuel the POS? If the answer is, "No," that solves a lot of problems; if I understand POS's correctly, you can simply uncheck the corp and alliance access checkboxes and make the POS accessable by password only. If the answer is, "Yes," then we need to know some hard data on who can steal the mommy out from under you.
Do you have a way to transport the mommy out of the system?
Do you have a method to transfer the mommy in mind? If OZ signs on as a trustee, he could potentially broker the deal for a small fee, perhaps?
Are you going to require some deposit up front from a committed buyer, or are you going to throw this on the sell forums a week before it finishes baking? If the former, the first buyer could perhaps actually be buying shares and thus effectively be getting a discount on his mommy, not to mention future dividends.
Have you worked out how many, for instance, Drone Bay BPO's it will take running in parallel to complete this project? It may end up being far more efficient to acquire them in bulk from an existing producer.
Especially given the Kali changes, I'd strongly suggest a Nyx. Wyvern and Aeon get bonuses to their tank, which really isn't all that important when your primary defense is the ability to jump out any time you want. The Hel, quite frankly, is just terrible. But the Nyx's damage bonus actually matters on a mommy. But then again, it's entirely possible that a lot of alliances already have Nyxen, and would like to equip one or two Caldari, Amarr, or Minmatar pilots, and you could gain a niche. /me shrugs.
MP
|

Omber Zombie
Gallente Frontier Technologies
|
Posted - 2006.12.21 05:35:00 -
[15]
Unfortunately I have no spare alts to act as a trustee, but I am willing to work as a broker for sales deals (1% of total sale price as my fee).
Might I also suggest that you offer the option to have the ship fully fuelled for the purchaser at a slight additional cost so that it can be jumped out immediately. ----------------------
FTEK is Recruiting |

Kesslan Osefice
Panther's Paw Industries Ltd Power Corrupts Industry's
|
Posted - 2006.12.21 06:15:00 -
[16]
Well, I'd be interested in reserving 40 shares.
This at least to me sounds promising, and seems to be fairly well thought out. Depending on the interest this generates I may be interested in reserving more (well that and depending on my own personal finances which are abit up and down at the moment) ___ This space for rent! ___ Yay we finally have a forum: http://pantherspaw.freehostia.com/ |

Motivated Prophet
Zerodot Schools Power Corrupts Industry's
|
Posted - 2006.12.21 06:27:00 -
[17]
I'd like to reserve 100 shares.
I'd still like to see a good Gantt chart for the components involved in making this beast; from everything I'd heard, it was a logistical nightmare (which is why I haven't so much as peeped at your proposed salary).
MP
|

Watanabe Tenzo
Tenzo Inc
|
Posted - 2006.12.21 09:16:00 -
[18]
I'd like to reserve 10 shares please.
Cheers Watanabe
|

Votee
|
Posted - 2006.12.21 10:10:00 -
[19]
Please reserve 200 shares for me
regards, Votee
|

Kasia Pelarar
|
Posted - 2006.12.21 10:21:00 -
[20]
I would like to reserve 5 share please, at a total of 25 million ISK.
A further 20 may be requested to be reserved but that is dependent on RL holidays and such, so just the 5 definite reserves so far. 
Thanks.

|

Labogh
Caldari Angelic Industries
|
Posted - 2006.12.21 10:45:00 -
[21]
Please reserve 5 shares for me. Money permitting, I might buy more if available 
|

Nuttski
Euphoria Released Euphoria Unleashed
|
Posted - 2006.12.21 11:17:00 -
[22]
Reserve 50 please. I am away from 23rd-28th, please let me know if this is a problem.
|

Lypert
|
Posted - 2006.12.21 14:49:00 -
[23]
Edited by: Lypert on 21/12/2006 14:59:02 Reserve 10 shares, (50mil isk). What is the time frame for payment? May reserve more if have more isk.
Lord Phobos will probably be handling the transaction as i will be on holidays. -------------------------------------------------- Zemindar Supremacy is recruiting |

Proton Power
Amarr Power Corrupts Trading Inc Power Corrupts Industry's
|
Posted - 2006.12.21 15:03:00 -
[24]
50 Shares @ 250mil Isk Please. -----------------------------------------------
http://oldforums.eveonline.com/?a=topic&threadID=439797Cli |

Montaire
Lacedaemon. Sparta Alliance
|
Posted - 2006.12.21 15:13:00 -
[25]
Nifty graph. I will make one today.
And yes, logistical nightmare is true, especially since none of my mains, nor my corp mates will be involved. It will be all done with alts, some industrial characters purchased anonmyoulsy and put into an alt holding corp months ago.
If I did it in the North (Where I reside) all it would take is a locator agent and the jigg is up. SO its bieng done far far from my stomping grounds.
I was contacted last night by a buyer for 2 Nyx, so you may have been correct in your assumption regarding race.
Originally by: Motivated Prophet I'd like to reserve 100 shares.
I'd still like to see a good Gantt chart for the components involved in making this beast; from everything I'd heard, it was a logistical nightmare (which is why I haven't so much as peeped at your proposed salary).
MP
|

Zephyrlin
Caldari The Syndicate Inc Ascendant Frontier
|
Posted - 2006.12.21 15:31:00 -
[26]
Please reserve 10 shares for me.
Please EVE-mail me when the IPO opens and I'll transfer ISK. ----------
And God said... "Let there be lasers, and let them go... PEW! PEW! ...." |

Takawa
Caldari Perkone
|
Posted - 2006.12.21 16:34:00 -
[27]
Want to reserve 15 shares at 75mil.
|

Sophie Marceaux
Akhetaten
|
Posted - 2006.12.21 16:38:00 -
[28]
Hi Montaire
Please reserve 20 shares for me - however, unfortunately I am not around until the new year (possibly 4th January).
I hope this is not a problem - if so just let me know :)
Sophie
|

Jerikia
Amarr Rivers Enterprises Power Corrupts Industry's
|
Posted - 2006.12.21 17:44:00 -
[29]
Reserve me 50 shares.
Thanks! Rivers Enterprises - For the little people!
Pen an episode for my blog and if it's used you'll receive 50 million isk! |

Motivated Prophet
Zerodot Schools Power Corrupts Industry's
|
Posted - 2006.12.21 17:56:00 -
[30]
Oh, and in case I didn't mention it--I'd be happy to act as one of the trustees for this corporation.
Still awaiting that Gantt chart. I think there's a F/oSS project manager in OpenOffice. :)
MP
|
| |
|
| Pages: [1] 2 3 4 :: one page |
| First page | Previous page | Next page | Last page |