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Trogdor Montague
Jaque Pot Holdings
0
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Posted - 2016.05.14 01:50:02 -
[1] - Quote
I am finally ready to build a dream I've had for a long time, an open, fair progressive lottery system similar to that of the popular Powerball and Mega Millions games here in the USA.
For the low entry fee of 1 million isk, you have the opportunity to win one of many prizes, up to a guaranteed jackpot of 1.5 billion, or the current market value of 1 PLEX, whichever is higher! Based on the law of averages, 91% of all money collected will be given right back to the players in the form of prizes, with a 9% margin going to myself and the rest of my investors. 1 in every 17 tickets sold will at least double their investment.
Drawings will be held every Thursday via a YouTube Live Stream using Random.Org at or around 00:00 Eve Time unless otherwise notified. While I need to get a couple of these under my belt before committing, I'd like to hold a drawing every week.
Half of the revenue generated by every ticket purchase goes into our specific Jack Pot Fund Wallet, increasing the grand prize with every ticket sold.
JaquePot players should send ticket requests by "Giving Money" to my corporation, Jaque Pot Holdings in increments of 1 million isk. If you don't provide a comma-separated list of numbers you want to draw in the "reason", we'll issue some randomly-generated ticket numbers. Either way, we will confirm your entry as soon as we are able via an in-game mail.
4 "Black Balls" are pulled from a pool of 1-50 1 "Gold Ball" is pulled from a separate pool of 1-30 The order of the pull does not matter at all
Here's the full payout schedule. Jackpot Prize - 4 Black & 1 Gold MatchGÇï - 1:6,909,000 1bn - 4 Black & 0 Gold Match - 1:238,241 750m - 3 Black & 1 Gold Match - 1:37,549 100m - 2 Black & 1 Gold Match - 1:1,113 50m - 3 Black & 0 Gold Match - 1:1,295 10m - 1 Black & 1 Gold Match - 1:114 5m - 0 Black & 1 Gold Match - 1:42 2m - 2 Black & 0 Gold Match - 1:38 Overall Odds Of Winning 1:17
For investment information, I have started the website http://corporate.jaquepot.net, which will publicly display sales, profitability, dividend, and ownership information, as well as serve as a stock market for the corp. Our exact operating procedures can be found at http://corporate.jaquepot.net/bylaws.
We are hoping to raise enough with our Stock IPO to fund 10 full minimum Jackpots by selling 1,500 shares at 10 million ISK each. I expect a minimum Earnings Per Share of 30 isk per ticket sold, plus some additional revenue from corporate tax.
Shares can be purchased by sending an in-game mail to my Alt character "Jaque Pot" to discuss details of the transaction.
If anyone has questions or comments, please feel free to reply in this thread, or message me directly in game. I hope the EVE Online community can get as excited about this as I am. |
Trogdor Montague
Jaque Pot Holdings
0
|
Posted - 2016.05.14 02:04:50 -
[2] - Quote
Our first drawing will be held on 2016.06.02. Ticket sales close at 20:00 Eve Time on 2016.06.01 |
lanyaie
Nocturnal Romance Cynosural Field Theory.
1135
|
Posted - 2016.05.14 03:11:34 -
[3] - Quote
Here we have yet another one - go get him bois.
Spaceprincess
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Trogdor Montague
Jaque Pot Holdings
1
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Posted - 2016.05.14 03:23:48 -
[4] - Quote
lanyaie wrote:Here we have yet another one - go get him bois.
I know this is a game full of scams, and I wih there was some way I could prove that this isn't one of them... I'll need to build a reputation here somehow. Does real life contact information help?
http://www.facebook.com/nicksentowski http://www.twitter.com/WautierEnt https://www.youtube.com/c/nicholaswautier
Oh, and Sentowski isn't my real last name... It's Wautier. I live in Green Bay, WI, USA. I've played casually on and off for a few years, but with my first baby on the way in August, decided it was time to narrow down to just a couple hobbies, and EVE was one that made the cut.
I'm just about as cearbear as they come, chosing to live my virtual life almost entirely in Empire space, making most of my ISK ratting or mining. A good friend of mine gave me a stack of BPOs as a welcome aboard gift, so I've been doing some production as well. If you want to hunt me down, you can probably find me in Clarelam in the US Central time evenings. |
Plleasure Hub
Municorn
107
|
Posted - 2016.05.14 04:48:14 -
[5] - Quote
After thorough auditing of your YouTube account, I have come to the conclusion that this might actually be a legitimate venture.
I found that your Favorites list contains:
- Nerd video about designing Excel macros
- Numberphile
- Cat laser bowling
- Michael Jackson
I rate you 4.5 / 5 on the Meme Match Worthiness Scale.
Furthermore, your Twitter account has activity dating back to 2012, over 200 followers, and proof that you are indeed the owner of the account and the YouTube channel.
I have one concern though. You appear to be a wrestling fan. I'm not sure how I feel about that. Granted, I say this as a former wrestling fan. This particular fact does not help your case.
Overall, though, this does look like it could be a real thing. You have invested a lot of time and effort. I wish you the best of luck!
"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." GÇö Kazuto Kirigaya
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Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 05:02:32 -
[6] - Quote
///Plleasure Hub wrote:I have one concern though. You appear to be a wrestling fan. I'm not sure how I feel about that. Granted, I say this as a former wrestling fan. This particular fact does not help your case.
Full Disclosure: Not just a wrestling fan, but a former ring announcer... Nick Sentowski was my ring name. If you find All-Star Championship Wrestling or NWA Wisconsin videos, you're likely to see me either behind a camera, or at ringside. I recently got back into watching wrestling for some unexplainable reason... I guess it's an addiction of sorts... It just won't leave me alone!
I'm hesitant to share my Google Docs spreadsheet, but I honestly did start working on this back on 9/8/2010... Kinda weirded out that I could find that in my revision history. |
Plleasure Hub
Municorn
107
|
Posted - 2016.05.14 05:11:01 -
[7] - Quote
Hey, do what makes you happy! I'm not sure why I stopped being a fan. It just happened. Funny story though.. I read an article that advised setting up a Google Alert for your name, so you can be more aware of your digital presence. I discovered that I share a name with some amateur wrestler guy who films these dramatic championship matches out in the woods somewhere. It's hilarious. xD
"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." GÇö Kazuto Kirigaya
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Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 05:19:58 -
[8] - Quote
Lol... awesome! |
Cista2
Caldari Provisions Caldari State
239
|
Posted - 2016.05.14 06:29:35 -
[9] - Quote
I like this and I shall possiby send you some money. I (of course) have also considered starting a lottery, so no matter how this goes, I could probably learn something.
Now some questions:
- why did you decide on a model of unlimited ticket sales? This can swing both ways, so if too few tickets are sold, you will build a massive deficit. If too many are sold, ticket holders will feel deceived of winning chances.
- how did you calculate that the expected dividends are 30 ISK per ticket sold?
- who are the current board members?
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Bumblefck
Kerensky Initiatives
12041
|
Posted - 2016.05.14 10:35:27 -
[10] - Quote
Would like pledge 20bn golden balls
Perfection is a dish best served like wasabi .
Bumble's Space Log
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deeks87 deacon
RANDOM.ORG
19
|
Posted - 2016.05.14 11:21:47 -
[11] - Quote
Do what everyone else does, start a livestream in game and run a lotto from an ingame chat. Takes a few weeks to gain trust and a client base. But i run one a few years back and it raked in billions of isk and payd out billions. Was fun i must admit.
Those who forget the past, are destined to revisit it!
use us for all your insurance needs @-á http://igc-eve-online-insurance.webs.com
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virm pasuul
The Congregation No Handlebars.
384
|
Posted - 2016.05.14 11:29:03 -
[12] - Quote
Trogdor Montague wrote: 4 "Black Balls" are pulled from a pool of 1-50 1 "Gold Ball" is pulled from a separate pool of 1-30 The order of the pull does not matter at all
Here's the full payout schedule. Jackpot Prize - 4 Black & 1 Gold MatchGÇï - 1:6,909,000 1bn - 4 Black & 0 Gold Match - 1:238,241 750m - 3 Black & 1 Gold Match - 1:37,549 100m - 2 Black & 1 Gold Match - 1:1,113 50m - 3 Black & 0 Gold Match - 1:1,295 10m - 1 Black & 1 Gold Match - 1:114 5m - 0 Black & 1 Gold Match - 1:42 2m - 2 Black & 0 Gold Match - 1:38 Overall Odds Of Winning 1:17
I believe your probability maths is a bit off, although probability maths is hard so it could be me who's wrong. Jackpot Prize - 4 Black & 1 Gold MatchGÇï - 1:6,909,000 4/50 * 3/49 * 2/48 * 1/47 * 1/30 = 24/165,816,000 = 1:6,909,000 - correct 1bn - 4 Black & 0 Gold Match - 1:238,241 4/50 * 3/49 * 2/48 * 1/47 = 24/5,527,200 = 1:230,300 750m - 3 Black & 1 Gold Match - 1:37,549 4/50 * 3/49 * 2/48 * 1/30 = 24/3,528,000 = 1:147,000 and so on.......
that bit is sort of hard to get right but there's no excuse for this - 5m - 0 Black & 1 Gold Match - 1:42 WTF???? there's 30 gold balls, the odds on this one is 1 in 30, there's no maths involved here 2m - 2 Black & 0 Gold Match - 1:38 4/50 * 3/49 = 12/2450 = 1:204.16r
It would be nice to actually see someone do something genuine in market discussions for a change, so I wish you luck with this. If you are serious and this is not a scam you need to understand the math behind it. It cannot work without the correct math.
Its a sure bet that behind every game in Vegas the maths is rock solid and has been double, triple, and even quadruple checked. Maths probability is hard, but you cannot run a gambling business without it. |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 11:56:42 -
[13] - Quote
Cista2 wrote: - why did you decide on a model of unlimited ticket sales? This can swing both ways, so if too few tickets are sold, you will build a massive deficit. If too many are sold, ticket holders will feel deceived of winning chances.
In terms of my profitability, the margin is the same either way... No matter how many tickets I sell, I should average a pretty consistent margin. The more money entered into the lotto system, the higher the JackPot will get, but my average percentage of margin will stay the same.
Just like the aforementioned Powerball and Mega Millions, ehe same set of ticket numbers can be played by multiple players.
Being a lotto rather than a raffle, there is no guaranteed winner in any drawing... I could sell 10 tickets that all split a jackpot level payout, or I could sell a billion tickets that didn't get lucky at all... It really is a fair deal from all angles.
Cista2 wrote: - how did you calculate that the expected dividends are 30 ISK per ticket sold?
Thanks to the post below from virm pasuul, I'm going to need to re-evaluate once I double-check my maths... The number was derived from:
(Ticket Price * Assumed Margin) / Shares
Ticket Price:1,000,000 Assumed Margin:.09 Shares: 3,000
Cista2 wrote: - who are the current board members?
As of right now, it's just me... If this takes off to the point where I do decide to build a website to handle some of the bookkeeping for me, my friends that help with programming, or help me with all the fund transfers, will be given shares out of my pocket as compensation for their contribution.
One such POTENTIAL contributor, Clara Xavier, was already gifted 100 shares simply for introducing me to Eve Online and being way too patient and generous with me when I was starting (and still today). So while I'm the only board member, I will not be a 50%+ owner after the IPO shares sell. |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 12:13:46 -
[14] - Quote
virm pasuul wrote:Trogdor Montague wrote: 4 "Black Balls" are pulled from a pool of 1-50 1 "Gold Ball" is pulled from a separate pool of 1-30 The order of the pull does not matter at all
Here's the full payout schedule. Jackpot Prize - 4 Black & 1 Gold MatchGÇï - 1:6,909,000 1bn - 4 Black & 0 Gold Match - 1:238,241 750m - 3 Black & 1 Gold Match - 1:37,549 100m - 2 Black & 1 Gold Match - 1:1,113 50m - 3 Black & 0 Gold Match - 1:1,295 10m - 1 Black & 1 Gold Match - 1:114 5m - 0 Black & 1 Gold Match - 1:42 2m - 2 Black & 0 Gold Match - 1:38 Overall Odds Of Winning 1:17
I believe your probability maths is a bit off, although probability maths is hard so it could be me who's wrong. Jackpot Prize - 4 Black & 1 Gold MatchGÇï - 1:6,909,000 4/50 * 3/49 * 2/48 * 1/47 * 1/30 = 24/165,816,000 = 1:6,909,000 - correct 1bn - 4 Black & 0 Gold Match - 1:238,241 4/50 * 3/49 * 2/48 * 1/47 = 24/5,527,200 = 1:230,300 750m - 3 Black & 1 Gold Match - 1:37,549 4/50 * 3/49 * 2/48 * 1/30 = 24/3,528,000 = 1:147,000 and so on....... that bit is sort of hard to get right but there's no excuse for this - 5m - 0 Black & 1 Gold Match - 1:42 WTF????there's 30 gold balls, the odds on this one is 1 in 30, there's no maths involved here2m - 2 Black & 0 Gold Match - 1:38 4/50 * 3/49 = 12/2450 = 1:204.16r It would be nice to actually see someone do something genuine in market discussions for a change, so I wish you luck with this. If you are serious and this is not a scam you need to understand the math behind it. It cannot work without the correct math. Its a sure bet that behind every game in Vegas the maths is rock solid and has been double, triple, and even quadruple checked. Maths probability is hard, but you cannot run a gambling business without it.
YOU ARE ABSOLUTELY RIGHT
I had an error in my formula that was slanting the whole system heavily in my favor... I'm going to jump up to the top post and correct the odds. I'm adding a payout for matching any one ball, so 1 in 8 will win, and I'll keep the 9% margin |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 12:38:05 -
[15] - Quote
Actually, I responded too soon. Your math doesn't take into account the possibility of someone winning multiple prizes but not being paid out for the Lesser prizes. I will reevaluate my formulas this evening and update appropriately. At work for the next few hours. |
Solonius Rex
F0RCED ENTRY
275
|
Posted - 2016.05.14 12:38:35 -
[16] - Quote
Trogdor Montague wrote:Cista2 wrote: - why did you decide on a model of unlimited ticket sales? This can swing both ways, so if too few tickets are sold, you will build a massive deficit. If too many are sold, ticket holders will feel deceived of winning chances.
In terms of my profitability, the margin is the same either way... No matter how many tickets I sell, I should average a pretty consistent margin. The more money entered into the lotto system, the higher the JackPot will get, but my average percentage of margin will stay the same. Just like the aforementioned Powerball and Mega Millions, ehe same set of ticket numbers can be played by multiple players. Being a lotto rather than a raffle, there is no guaranteed winner in any drawing... I could sell 10 tickets that all split a jackpot level payout, or I could sell a billion tickets that didn't get lucky at all... It really is a fair deal from all angles. Cista2 wrote: - how did you calculate that the expected dividends are 30 ISK per ticket sold?
Thanks to the post below from virm pasuul, I'm going to need to re-evaluate once I double-check my maths... The number was derived from: (Ticket Price * Assumed Margin) / Shares Ticket Price:1,000,000 Assumed Margin:.09 Shares: 3,000 Cista2 wrote: - who are the current board members?
As of right now, it's just me... If this takes off to the point where I do decide to build a website to handle some of the bookkeeping for me, my friends that help with programming, or help me with all the fund transfers, will be given shares out of my pocket as compensation for their contribution. One such POTENTIAL contributor, Clara Xavier, was already gifted 100 shares simply for introducing me to Eve Online and being way too patient and generous with me when I was starting (and still today). So while I'm the only board member, I will not be a 50%+ owner after the IPO shares sell.
I would be willing to be a board member in your venture.
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Cytherea Deesse
University of Caille Gallente Federation
0
|
Posted - 2016.05.14 14:29:29 -
[17] - Quote
If I were you, I would remove your rl information. I haven-¿t looked on your links so not sure how much info the contain, but if any personal things, then plz remove |
virm pasuul
The Congregation No Handlebars.
384
|
Posted - 2016.05.14 14:40:29 -
[18] - Quote
Trogdor Montague wrote:Actually, I responded too soon. Your math doesn't take into account the possibility of someone winning multiple prizes but not being paid out for the Lesser prizes. I will reevaluate my formulas this evening and update appropriately. At work for the next few hours.
I'm pretty sure my math stands. You only pay the highest odds win for each ticket. e.g. if someone wins the jackpot you only pay the jackpot, you don't pay every possible win all the way up to and including the jackpot. The only way they can win more than once is if they have more than one winning ticket. The odds above are all for a single ticket.
It would be different if you were running multi win games like Eep's slot machines on I Want ISK. Those have up to 9 different permutations per pull. In this case each of the 9 permutations can win, and they all get paid out. |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 17:13:48 -
[19] - Quote
virm pasuul wrote:Trogdor Montague wrote:Actually, I responded too soon. Your math doesn't take into account the possibility of someone winning multiple prizes but not being paid out for the Lesser prizes. I will reevaluate my formulas this evening and update appropriately. At work for the next few hours. I'm pretty sure my math stands. You only pay the highest odds win for each ticket. e.g. if someone wins the jackpot you only pay the jackpot, you don't pay every possible win all the way up to and including the jackpot. The only way they can win more than once is if they have more than one winning ticket. The odds above are all for a single ticket. It would be different if you were running multi win games like Eep's slot machines on I Want ISK. Those have up to 9 different permutations per pull. In this case each of the 9 permutations can win, and they all get paid out.
Working on my recalculations now... See http://www.durangobill.com/PowerballOdds.html for an explanation of the calculation methods I'll be using. |
virm pasuul
The Congregation No Handlebars.
384
|
Posted - 2016.05.14 18:26:42 -
[20] - Quote
That links looks good. If it comes up with different results to me it is right and I am wrong, assuming you plug the numbers in right :) |
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Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 18:55:00 -
[21] - Quote
Alright everyone, sorry for the confusion, I have all of my math ROCK SOLID, and the numbers are as how I had originally presumed:
Here's the full payout schedule. Jackpot Prize - 1:6,909,000 - 4B 1G 1bn - 1:238,241 - 4B 0G 750mil - 1:37,549 - 3B 1G 100mil - 1:1,113 - 2B 1G 50mil - 1:1,295 - 3B 0G 10mil - 1:114 - 1B 1G 5mil - 1:42 - 0B 1G 2mil - 1:38 - 2B 0G Overall Odds of Winning: 1:17 Prize Money Awarded 91% of Sales
Thank you virm pasuul for keeping me on my toes.
I have made a public copy of my workbook should you want to see how the maths are calculated. https://docs.google.com/spreadsheets/d/12t9nF8jBb4zDr2ZZaoKx3LMwYkiPgP_JfKedM0IFnxY/edit?usp=sharing
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Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 18:57:00 -
[22] - Quote
Cytherea Deesse wrote:If I were you, I would remove your rl information. I haven-¿t looked on your links so not sure how much info the contain, but if any personal things, then plz remove
Meh, I'm an American with a public Facebook account... I'm not too worried, the worst anyone will find is a video of me eating a McRib on YouTube... And everyone I know has already seen that anyway. |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.14 19:05:12 -
[23] - Quote
As someone had suggested earlier, I have just created a chat channel for anyone with questions. Feel free to join me!
Jaque Pot Lotto |
virm pasuul
The Congregation No Handlebars.
384
|
Posted - 2016.05.14 23:40:55 -
[24] - Quote
Trogdor Montague wrote:Alright everyone, sorry for the confusion, I have all of my math ROCK SOLID, and the numbers are as how I had originally presumed: Here's the full payout schedule. Jackpot Prize - 1:6,909,000 - 4B 1G 1bn - 1:238,241 - 4B 0G 750mil - 1:37,549 - 3B 1G 100mil - 1:1,113 - 2B 1G 50mil - 1:1,295 - 3B 0G 10mil - 1:114 - 1B 1G 5mil - 1:42 - 0B 1G 2mil - 1:38 - 2B 0G Overall Odds of Winning: 1:17 Prize Money Awarded 91% of Sales Thank you virm pasuul for keeping me on my toes. I have made a public copy of my workbook should you want to see how the maths are calculated. https://docs.google.com/spreadsheets/d/12t9nF8jBb4zDr2ZZaoKx3LMwYkiPgP_JfKedM0IFnxY/edit?usp=sharing
Confirming Trogdor's numbers. I used the maths from the link he posted and agree with what I have quoted of Trogdor in this post. My method was wrong. My method included the probability of a higher win into all lower wins. e.g. a the odds of a jackpot were included in the odds of all lower wins when the jackpot is only paid out on a jackpot but it also satisfied the requirements of a lower win so raised the chance of that lower win. Apologies for sticking my oar in, munching a large portion of humble pie over here. In my defence I did say probability maths was hard :)
I'd like to think that if there is something positive to take from this erroneous intervention is that Trogdor's maths was questioned and stood up. Also Trogdor took the challenge with good grace which speaks well of his/her character. One of the most obvious signs of a scammer on MD is when they react badly/immaturely to any form of question or criticism. Trogdor did not react the way I expect a scammer would.
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Cista2
Caldari Provisions Caldari State
239
|
Posted - 2016.05.15 05:18:10 -
[25] - Quote
How will you advertise your lottery?
My channel: "Signatures"
-
Recommended: "The Biomass Bar" (for corpse selling)
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Trogdor Montague
Jaque Pot Holdings
1
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Posted - 2016.05.15 22:22:49 -
[26] - Quote
Cista2 wrote:How will you advertise your lottery?
This, honestly, is the part I have spent the lest time thinking about.
One of my hopes was that rather than having 3 or 4 large investors, that I could attract dozens, or even hundreds of small investors. Each investor would have a stake in the success of the lottery and would therefore encourage their friends and corp members to start playing.
I also plan to host the drawing as part of a YouTube Live Stream, with a hopeful long-term plan to offer more than just the drawing, but potentially a news or talk show to go with it. Such a program could be good for our players, to make "New Eden News" easier to digest than the blog and forum posts, would promote the lottery to the viewers, and potentially expose new people to the universe on regular intervals rather than just when we have a B-R5RB or World War Bee size event.
I am open to looking at the costs of advertising in places such as Eve Online Hold Em, I Want ISK, and EVE Bet... In fact, I'd love to have folks from those sites invest and perhaps take board positions on this venture.
I'm sure spamming Jita isn't worth any time
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Cista2
Caldari Provisions Caldari State
239
|
Posted - 2016.05.16 05:29:01 -
[27] - Quote
Trogdor Montague wrote:I'm sure spamming Jita isn't worth any time Why not?
My channel: "Signatures"
-
Recommended: "The Biomass Bar" (for corpse selling)
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Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.16 14:06:07 -
[28] - Quote
Cista2 wrote:Trogdor Montague wrote:I'm sure spamming Jita isn't worth any time Why not?
Do people go for it?
I'll gladly leave Jaque Pot docked up lthere and spam away if it really helps |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.16 21:12:22 -
[29] - Quote
Potentail Buyer asked me to remove his name before sharing, I think this answers a lot of questions that are out there... The 20 share transaction is completed
Potential Buyer-A few questions, thinking about investing Jaque Pot-ok, cool Potential Buyer-First, about how much profit total will be made per jackpot, the whole 9%. Jaque Pot-that's really hard to say.... simply because the Jackpot isn't a guaranteed prize every week. Jaque Pot-based on the law of averages, we should pull a jackpot winner with roughly every 6.9m tickets sold Jaque Pot-we should average 30isk per share, per ticket sold Jaque Pot-so, by the time a Jackpot winner is "due" to hit, there should be 207million isk per share in profits Jaque Pot-now, I should state, that this is an extremely safe assumption... and the Jackpot payouts do not come from this pool of profits Potential Buyer-That's assumming 6.9 trillion isk is spent on a single jackpot Potential Buyer-Quite tempting Jaque Pot-right. The toughest thing that I think people have been struggling with is that this is a lotto... NOT a raffle. Jaque Pot-in drawing 1, if you buy ticket 2,4,15,16-5, you only have that ticket for that one drawing Potential Buyer-No gaurunteed winner Potential Buyer-Suggest you make a website that is easy to advertise as well as input tickets Jaque Pot-HOPEFULLY, our jackpot gets huge, like, hundreds of plex huge, and players play rediculous amounts of tickets Potential Buyer-Well you first need to streamline ticket purchasing Jaque Pot-I WANT people to win A LOT of isk, that is our best advertising. I can be totally fair and upfront, and tell everyone extactly how much is coming in, and how much is paid out. Jaque Pot-with scale, our 9% will add up Potential Buyer-Theres one thing in wanting people to know they can win, and convincing them. Potential Buyer-But I can see you genuinely want to start this venture Potential Buyer-I am assumming if this gets off the ground there will be no more investment opportunity? Jaque Pot-I agree, ticket sales should be easy. I was thinking it may be smarter to wait until I have 2 or 3 successful draws before doing all the code to automate, but long term that would be the plan Jaque Pot-I don't see a need to sell additional shares, but I am verry willing to accomodate my own "stock market" if you will for others to buy and sell as they please Jaque Pot-If more shares were to be issued, it would have to go before a vote of all existing shareholders first Potential Buyer-I do like your lotto style approach, it hasn't been done here before Jaque Pot-As I said in the forum, the weakest part of my plan is in the marketing... I need a solid, concrete way of attracting players Jaque Pot-My hopes is that shareholders would step up and offer advice or be willing to put some time into badgering friends and corp members into playing.. Jaque Pot-Again, I can't guarantee, but based on averages, you should earn 30isk per ticket sold, regardless of how much is won or lost Potential Buyer-Also, at 6.9 million tickets sold, there is only a 63% of someone winning so most likely more will be sold Jaque Pot-If we sell 33,334 tickets, you have reagained your investment and then some... That's without considering any potential donations, dividend payouts from other corps we have stake in, or my taxes that are being donated Jaque Pot-right Jaque Pot-here's the only 2 MAJOR risks. Jaque Pot-1. a ton of people buy the same ticket number, and that one number hits a big prize... 2. Back to back Jackpots hit Potential Buyer-The problem with your odds and ticket price is that you would need either a ton of people to buy or a few to throw in a ton of money Jaque Pot-That's why I was hoping my IPO would build a reserve tank capable of paying out 10 jackpots back to back. Jaque Pot-if that ever happens, I'm quitting Eve forever Jaque Pot-I'd recomend reading sections 5 and 8 of this:http://corporate.jaquepot.com/bylaws Jaque Pot-it explains how the IPO funds are treated, how dividends are paid, and implies how the "backup funds" are depleated or replenished as needed Jaque Pot-I have a feeling that after our first two jackpots hit, the shareholders will vote to reduce the backup fund reserve to 5x Minimum Jackpot, and everyone will get a huge payday from it Potential Buyer-Will investing only close and drawings begin once all 1500 shares are sold? Jaque Pot-No, my first drawing is scheduled for 2016.06.02 at 00:00 on a yet undisclosed YouTube channel Potential Buyer-Will you be putting any money of your own into this? Potential Buyer-I don't doubt you are legitamate, only that you have a vested interest in keeping this running Jaque Pot-I'm taxing myself at 5% and will not change that unless voted on. I took 50% of the shares first, to protect the company from those I can't trust, but also because I expect to be doing all of the work. I have already gifted 100 of my 1500 shares to a Jaque Pot-RL friend who introduced me to the game Jaque Pot-My interest in keeping it alive is that THIS is my PVP... I'm a lover, not a fighter Jaque Pot-I'm a business nerd, and wanted to build something cool Potential Buyer-Fellow business nerd, I like it. How do I purchase 10 shares? Jaque Pot-Also, I'm a video producer IRL, and may expand the JaquePot Youtube channel to something awesome that could pay off in the future for me Potential Buyer-Screw it, make it 20. Jaque Pot-Just confirming your price per share... one moment Jaque Pot-details in mail. Do you mind if I share this convo on the forum post? Potential Buyer-See I would say censor the picture and name Potential Buyer-But I don't know if you'd lose credibility Jaque Pot-that's fine. I'll remove that. Potential Buyer-Alright thanks Potential Buyer-If you need someone to vouch, hit me up |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.17 13:51:28 -
[30] - Quote
Shares have been selling!
There are 1368 shares outstanding.
It should also be stated that there is no problem with investors also playing the lotto.
To invest in shares, Give Money to Jaque Pot in increments of 10,000,000.
To purchase game tickets, Give Money to Jaque Pot Holdings in increments of 1,000,000.
We will be announcing our YouTube channel before the end of the week. |
|
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.17 14:26:00 -
[31] - Quote
You can keep track of our latest news here in the forums, on our website http://corporate.jaquepot.com, via RSS at http://corporate.jaquepot.com/rss.xml, or by joining our in-game chat "Jaque Pot Lotto". |
Solonius Rex
F0RCED ENTRY
279
|
Posted - 2016.05.18 00:08:46 -
[32] - Quote
Trogdor Montague wrote:Shares have been selling!
There are 1368 shares outstanding.
It should also be stated that there is no problem with investors also playing the lotto.
To invest in shares, Give Money to Jaque Pot in increments of 10,000,000.
To purchase game tickets, Give Money to Jaque Pot Holdings in increments of 1,000,000.
We will be announcing our YouTube channel before the end of the week. So I guess that's a no for me being on the board? |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.18 01:59:19 -
[33] - Quote
Solonius Rex wrote: So I guess that's a no for me being on the board?
Sorry, totally miseed your reply. I'd gladly put you up for consideration. What duties are you willing to take on? Please note that our bylaws do require board members to hold a minimum number of shares and they do not receive any compensation other than the dividends earned by their shares. |
Solonius Rex
F0RCED ENTRY
279
|
Posted - 2016.05.18 07:20:09 -
[34] - Quote
Trogdor Montague wrote:Solonius Rex wrote: So I guess that's a no for me being on the board?
Sorry, totally miseed your reply. I'd gladly put you up for consideration. What duties are you willing to take on? Please note that our bylaws do require board members to hold a minimum number of shares and they do not receive any compensation other than the dividends earned by their shares.
How many shares, and what duties you got? |
Hauler Vespori
Friendship Rainbows and Unicorns Import Export
0
|
Posted - 2016.05.18 11:53:31 -
[35] - Quote
Solonius Rex wrote:Trogdor Montague wrote:Solonius Rex wrote: So I guess that's a no for me being on the board?
Sorry, totally miseed your reply. I'd gladly put you up for consideration. What duties are you willing to take on? Please note that our bylaws do require board members to hold a minimum number of shares and they do not receive any compensation other than the dividends earned by their shares. How many shares, and what duties you got? I second these questions.
I am interested in getting on board with this.
Are there any protections in place should the venture fail? Or a payback should you decide to close shop?
Also I would be willing to supply my RL knowledge of psychology and advertising if that is desired (and the amount of shares i "need" to get to be on the board is reasonable for me) |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.18 14:10:01 -
[36] - Quote
At this point, I really am looking for more funds. Board Members must hold a minimum of 10 shares while they are serving, must be members of, or have an alt member of the corp, submitting 5% market taxes to the corp.
I'm not willing at this point to open up the wallet to others, but if you can assist with sales or marketing efforts, or have a reputation that would bring more investors I'd gladly take it.
As for guarantees, our latest shareholder Cista2 and I had a lengthy discussion about this yesterday. My plan was to keep running until the shareholders vote to close down. At the time of shut down, I would pay all of the funds in the corp, as dividends, splitting whatever is there at a rate relative to shares held. I would also
Cista2 had suggested that I guarantee to buy back shares at any time at the IPO price, and while I understand why this would be desirable for investors, there is a chance, albeit a slim chance, that the corp won't have all the money we need should everyone dump shares at the same time. Cista2 has convinced me not to worry, so until further notice, assume that you can dump your IPO shares at IPO price... But keep in mind that this business is built as a frequent, high-dividend payer, and doesn't hold profits for long. Therefore, especially immediately following dividend payouts, we may not have enough cash in the bank to guarantee an immediate, full payout for all shares.
My hope is that this venture is big enough and successful enough that the value of shares goes up, and we have an active stock market of sorts... I have the feeling that taking the IPO price to get out of the venture is NOT going to be the best deal for you, the investor. |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.18 14:29:48 -
[37] - Quote
50 more shares gone to an anonymous investor
1318 remain at IPO price |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.18 17:08:04 -
[38] - Quote
224 shares sold
1094 remain |
Harrigan Raen
17
|
Posted - 2016.05.19 00:24:31 -
[39] - Quote
Interested in investing, however has anyone done a 3rd party audit on you, to make sure this is all on the up and up? |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.19 00:30:14 -
[40] - Quote
Harrigan Raen wrote:Interested in investing, however has anyone done a 3rd party audit on you, to make sure this is all on the up and up?
What would you like to audit? I'm prettty much an open book. If you check out http://corporate.jaquepot.com/bylaws, the wallet API for the corp is publicly available.
In-game right now at the Jaque Pot Lotto chat room |
|
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.19 00:42:39 -
[41] - Quote
Harrigan Raen wrote:Interested in investing, however has anyone done a 3rd party audit on you, to make sure this is all on the up and up?
If it's any help, earlier in this thread my math was called into question and verified...
Also, Cista2 was right... I wasn't even in Jita, and sold 5 tickets spamming local XD |
Trogdor Montague
Jaque Pot Holdings
1
|
Posted - 2016.05.19 02:03:45 -
[42] - Quote
Harrigan Raen has purchased 334 shares.
There are now 760 IPO shares remaining. |
Harrigan Raen
17
|
Posted - 2016.05.19 02:35:09 -
[43] - Quote
Trogdor Montague wrote:Harrigan Raen has purchased 334 shares.
Confirm
|
Morgan Agrivar
Peace.Keepers
327
|
Posted - 2016.05.19 04:27:22 -
[44] - Quote
I am game for 25 shares at 250m isk. Can transfer isk to you when I get home. Is this fine?
This would cure me of the fear...
|
Plleasure Hub
Municorn
107
|
Posted - 2016.05.19 06:35:10 -
[45] - Quote
I've sent a mail to your alt. I am interested in getting on board, on the condition that you explain why you chose your name, Trogdor.
"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." GÇö Kazuto Kirigaya
|
Trogdor Montague
Jaque Pot Holdings
2
|
Posted - 2016.05.19 11:00:36 -
[46] - Quote
Morgan Agrivar wrote:I am game for 25 shares at 250m isk. Can transfer isk to you when I get home. Is this fine?
certainly, please send to the character Jaque Pot, as she holds all the shares |
Trogdor Montague
Jaque Pot Holdings
2
|
Posted - 2016.05.19 11:01:50 -
[47] - Quote
Plleasure Hub wrote:I've sent a mail to your alt. I am interested in getting on board, on the condition that you explain why you chose your name, Trogdor.
H*R was my jam back in 2010... Although I've never been much into burnination...
|
Trogdor Montague
Jaque Pot Holdings
2
|
Posted - 2016.05.19 11:17:35 -
[48] - Quote
Now I understand why some say 15 minutes is still too much downtime...
Pending my login this morning, we have received enough verbal offers to buy all remaining shares. Once I get logged in and calculate prices for each of the offers, I will update again. I'll hold these shares for those that offered for 24 hours.
Once all shares are sold, Jaque Pot will immediately switch to free trade mode. So if you are looking to buy or sell shares, mail her your offer, and give her any shares you are putting on sale.
I will be updating the http://corporate.jaquepot.com homepage with all open offers as they are made. There is no fee for using her to facilitate trade of our shares. |
Trogdor Montague
Jaque Pot Holdings
2
|
Posted - 2016.05.19 12:10:12 -
[49] - Quote
A sale of 25 shares is complete.
An order for all of the remaining 735 shares is pending payment. |
Zappfe
Blikktrommen
0
|
Posted - 2016.05.19 22:05:00 -
[50] - Quote
Trogdor Montague wrote:224 shares sold
1094 remain
Confirmed |
|
Trogdor Montague
Jaque Pot Holdings
5
|
Posted - 2016.05.20 14:29:05 -
[51] - Quote
Trogdor Montague wrote:A sale of 25 shares is complete.
An order for all of the remaining 735 shares is pending payment.
I have not yet received the payment for 735 shares being held and I do have other orders totaling 122 shares.
The current order holding up shares will expire at 13:00, so if in 10 hours and 35 minutes the funds aren't received I will be processing those other smaller orders and more shares will become available. |
Hauler Vespori
Friendship Rainbows and Unicorns Import Export
0
|
Posted - 2016.05.20 16:03:49 -
[52] - Quote
Trogdor Montague wrote:Trogdor Montague wrote:A sale of 25 shares is complete.
An order for all of the remaining 735 shares is pending payment. I have not yet received the payment for 735 shares being held and I do have other orders totaling 122 shares. The current order holding up shares will expire at 13:00, so if in 10 hours and 35 minutes the funds aren't received I will be processing those other smaller orders and more shares will become available.
I will buy 200 shares if that is the case. Please evemail me to let me know, ill be out of town tonight and will immediately make payment when I return (approx 24h from this post on) |
Cista2
Caldari Provisions Caldari State
241
|
Posted - 2016.05.20 16:33:26 -
[53] - Quote
Reserving shares for 1 bn more.
My channel: "Signatures"
-
|
Trogdor Montague
Jaque Pot Holdings
5
|
Posted - 2016.05.20 20:33:35 -
[54] - Quote
You should both be good to send isk to Jaque Pot the character...I'll make the share transfers between 02:00 and 05:00 |
Trogdor Montague
Jaque Pot Holdings
5
|
Posted - 2016.05.21 04:16:07 -
[55] - Quote
321 Shares available (after Cista2's pending investment) |
Trogdor Montague
Jaque Pot Holdings
5
|
Posted - 2016.05.21 08:29:09 -
[56] - Quote
301 shares remain |
Trogdor Montague
Jaque Pot Holdings
5
|
Posted - 2016.05.21 14:43:10 -
[57] - Quote
I have a lot of artwork and branding to put together, but I'm thinking rather than hosting a news show, I can do a 15-30 minute "Talk Show" about the happenings in New Eden...
As I said, branding is nonexistent at this point... I'll need a little more time to put that all together.
Here is where you'll be able to watch the live lottery.
https://www.youtube.com/channel/UCmlLtfCSSIm0xLHvxlLZArg |
Wolf Mother
Judas Unchained
0
|
Posted - 2016.05.21 15:23:13 -
[58] - Quote
I'd like to buy 50 shares please, money on the way as soon as I log in |
Trogdor Montague
Jaque Pot Holdings
5
|
Posted - 2016.05.21 17:13:06 -
[59] - Quote
Wolf Mother wrote:I'd like to buy 50 shares please, money on the way as soon as I log in
Shares Sent...
251 remain available |
Trogdor Montague
Jaque Pot Holdings
6
|
Posted - 2016.05.21 17:28:25 -
[60] - Quote
All shares are now sold, and we can consider the IPO period closed.
Give me just a few minutes and I'll post a quick summary of the wallet balances and anonymous owership ratios.
|
|
Plleasure Hub
Municorn
109
|
Posted - 2016.05.21 17:50:40 -
[61] - Quote
Sorry I was away for a few days for a short-notice trip to visit some family. Thanks for offering to hold the shares. You handled that well. I was just away from a computer too long to get back to you timely.
I'm happy to announce that I have purchased all 251 remaining shares! I think this venture has a lot of long-term profit potential.
I may be interested in applying to the board of directors, but I have to figure out how to deal with the corporate membership requirement. All three of my characters are used in my manufacturing business, which requires me to have them in the same corporation. It's possible that I could setup a second account and put an alt into JAQ using that.
Regardless, I can hopefully offer some assistance and advice to help you with marketing. I have professional experience in digital marketing, SEO, web development / writing, and a small amount of video production.
Congrats on completing the IPO!
"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." GÇö Kazuto Kirigaya
|
Trogdor Montague
Jaque Pot Holdings
6
|
Posted - 2016.05.21 18:03:16 -
[62] - Quote
So the fundraising round is now complete, and now there's time for the real fun to begin.
First, let's take a quick look at the ownership spread. If you want to know who all the shareholders are, I invite you to use your tool of choice and look it up using the API key listed in our buylaws. You can find that at http://corporate.jaquepot.com/bylaws
You are free to do whatever you want with your ownership of this corporation. I will maintain an active stock market for our stock using the Jaque Pot character account. To place a sell order, transfer shares to Jaque Pot, along with a mail of what your ask price is and whether or not you are willing to accept partial purchases. To place a buy order, send your ISK to Jaque Pot, along with how many shares you would like to recieve for that price.
From now going forward, all shares or funds held by Jaque Pot are not her property, but those of the sender until the order is complete. When she recieves a dividend payment, she will manually split such payment peroperly across the true owner of the shares she is holding.
The current buy and sell orders will be listed on http://corporate.jaquepot.com/stockmarket
A poll will be taken soon to get the timezones of our shareholders in an attempt to organize a Voice or Video meeting to discuss the bylaws.
Shareholders are perfectly allowed to play the lotto, and are encouraged to do so!!! More ticket sales means a larger Jackpot Payout Pool, which means more interested players. So long as you don't have a hand in the administration of the lotto or selection of the winning numbers, there is no conflict of interest. Just to keep momentum in the fund, I WILL be playing at least one ticket in every drawing (so long as I can afford it :P)... Since I AM involved in the drawing, however, I will be donating any winnings I earn directly to the Jack Pot Payout Pool.
There are currently 12 shareholders, each with the amounts listed below. 1,400 <-- Trogdor Montague 224 100 50 334 200 112 25 251 30 50 224
In the sale of 1500 shares, we raised 13.609 BN isk, making the average price per share purchased 9.07 Mil. We are currently holding 6 Mil we recieved from ticket sales, and 118,706 from other sources (corp tax on my earnings). We also own 5 shares of EVE Museum, which were valued at 165 Mil at the time of purchase and do pay regular dividends.
The total value of "Hard Assets" comes to 13,780,118,706, or 4,593,372.902 per share.
For the purpose of calculaing a recomended stock share price going forward, I will wok with an intellectual property valuation of 5,406,627.098 per share, which at this time points to a share price of 10 Mil. If you are looking to escape the venture, I will offer a share buyback at the rate you origionally paid after one week of unsuccessfully attempting to sell publicly
That's all I have time for right now, but so happy this worked as well as it did. Thank you all for your trust and confidence. My sales and marketing efforts towards tickets sales will tripple next week. |
Cista2
Caldari Provisions Caldari State
241
|
Posted - 2016.05.21 20:03:17 -
[63] - Quote
Grats :)
My channel: "Signatures"
-
|
Harrigan Raen
17
|
Posted - 2016.05.21 22:22:39 -
[64] - Quote
I second that, Congrats. |
Morgan Agrivar
Peace.Keepers
329
|
Posted - 2016.05.21 22:52:52 -
[65] - Quote
Looking forward to seeing how this turns out.
This would cure me of the fear...
|
Hauler Vespori
Friendship Rainbows and Unicorns Import Export
0
|
Posted - 2016.05.22 09:26:04 -
[66] - Quote
If you need assistance with the writing/marketing I can help as well, I am knowledgeable in psychology persuasion and the likes and have already an idea how to market this. let me know if you want to talk some time (eutz).
|
Trogdor Montague
Jaque Pot Holdings
7
|
Posted - 2016.05.22 13:36:38 -
[67] - Quote
I'm going to go ahead and start another bylaws modification poll... I'm not sure it's nessisary for board members to be part of the corp if their role doesn't involve financial management. I have several interested parties that I think are perfectly capable, however they've got their own thing going.
The major responsibility of board members is to represent the shareholders when coming up with voting options... I do not believe corp membership is a necessity.
Here's the formal proposal... You have 7 days to vote. As with all votes, my shares will be voting for "the reccomendation of the board of directors", which is informed by the other votes entered.
Shall we change the bylaw sections 4.1, 6.2, and 7.2 to remove the requirement of board members or prospective board members to be members of the corporation?
1. Yes, Modify the verbage appropriatly 2. No, do not make this change 3. Vote for the reccomendation of the board of directors |
Morgan Agrivar
Peace.Keepers
329
|
Posted - 2016.05.23 08:13:37 -
[68] - Quote
Trogdor Montague wrote:I'm going to go ahead and start another bylaws modification poll... I'm not sure it's nessisary for board members to be part of the corp if their role doesn't involve financial management. I have several interested parties that I think are perfectly capable, however they've got their own thing going.
The major responsibility of board members is to represent the shareholders when coming up with voting options... I do not believe corp membership is a necessity.
Here's the formal proposal... You have 7 days to vote. As with all votes, my shares will be voting for "the reccomendation of the board of directors", which is informed by the other votes entered.
Shall we change the bylaw sections 4.1, 6.2, and 7.2 to remove the requirement of board members or prospective board members to be members of the corporation?
1. Yes, Modify the verbage appropriatly 2. No, do not make this change 3. Vote for the reccomendation of the board of directors 1. Yes, Modify the verbage appropriatly
I wouldn't mind having an alt in the corporation, but this toon is dedicated to the corporation she is in.
This would cure me of the fear...
|
noobs market orders
nOObs with Miners
18
|
Posted - 2016.05.23 12:26:59 -
[69] - Quote
I like this idea and from everything i read i also like you.
Please consider this post as a buy out of any IPO's that anyone would like to sell back at the rate in OP to the amount of 500 shares. |
Trogdor Montague
Jaque Pot Holdings
7
|
Posted - 2016.05.23 13:43:44 -
[70] - Quote
noobs market orders wrote:I like this idea and from everything i read i also like you.
Please consider this post as a buy out of any IPO's that anyone would like to sell back at the rate in OP to the amount of 500 shares.
htttp://corporate.jaquepot.com/stockmarket has been updated appropriately.
|
|
Trogdor Montague
Jaque Pot Holdings
7
|
Posted - 2016.05.23 20:14:14 -
[71] - Quote
Sales efforts have begun. TELL YOUR FRIENDS!
https://forums.eveonline.com/default.aspx?g=posts&m=6500861#post6500861 |
noobs market orders
nOObs with Miners
18
|
Posted - 2016.05.24 14:26:55 -
[72] - Quote
Trogdor Montague wrote:noobs market orders wrote:I like this idea and from everything i read i also like you.
Please consider this post as a buy out of any IPO's that anyone would like to sell back at the rate in OP to the amount of 500 shares. htttp://corporate.jaquepot.com/stockmarket has been updated appropriately.
Thank you
P.s fixed the link for you http://corporate.jaquepot.com/stockmarket |
Raz Muesin
Imperial Academy Amarr Empire
2
|
Posted - 2016.05.25 03:06:20 -
[73] - Quote
The bar seems to be geting low.
From the next 50 people to send me 1 billion isk, I will pick one and send them 5 billion isk back, once the allotment is filled.
Seems pretty decent chance to 5x your ISK. |
Trogdor Montague
Jaque Pot Holdings
9
|
Posted - 2016.05.25 03:43:01 -
[74] - Quote
Raz Muesin wrote:The bar seems to be geting low.
From the next 50 people to send me 1 billion isk, I will pick one and send them 5 billion isk back, once the allotment is filled.
Seems pretty decent chance to 5x your ISK.
I tried... REALLY hard to come up with a witty response to your semi-disrespectful and halfhearted attempt at humorously mocking the work I have done... And I couldn't find anything to say that would be simple enough for you to understand... Not even this...
Tickets are on sale now, buy them before 20:00 on 2012-06-02. If you're lucky you'll hit it big and can buy enough shares in Jaque Pot to get us to take something you say seriously. Best of luck! |
Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.06.01 20:36:19 -
[75] - Quote
Ticket sales are now closed! Our first drawing is tonight in LESS THAN 4 HOURS!
Watch live here:
https://www.youtube.com/watch?v=41cctLJi6EU |
Dethmourne Silvermane
Unholy Knights of Cthulhu Test Alliance Please Ignore
116
|
Posted - 2016.06.02 14:00:08 -
[76] - Quote
Yeah, I'd buy a few of these shares if anybody's interested in selling me like a dozenish, just for funsies.
Interested Party (TM)
|
Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.06.13 17:29:42 -
[77] - Quote
Dethmourne Silvermane wrote:Yeah, I'd buy a few of these shares if anybody's interested in selling me like a dozenish, just for funsies.
Sorry everyone, I've been out of town on business with -*GASP*- NO INTERNET ACCESS!
I'll sort out all the stock orders and get everything reconciled ASAP...
I also have announced our next drawing on this thread: https://forums.eveonline.com/default.aspx?g=posts&m=6527549#post6527549
Our first drawing did beat the odds and we were not profitable, so there were no dividends to pay for June. Let's see how many players we can get interested for this drawing! |
Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.06.13 17:31:03 -
[78] - Quote
Dethmourne Silvermane wrote:Yeah, I'd buy a few of these shares if anybody's interested in selling me like a dozenish, just for funsies.
How many shares do you want at what price? We have a seller offering 251 at 10mil. |
Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.06.27 03:51:34 -
[79] - Quote
A new vote has been proposed...
It has been suggested that we not just guarantee, but fund the minimum jackpot amount so that potential customers can see the progressive aspect of the lotto in play. Hopefully, this will stimulate ticket sales, as I am ready to go full-boar with weekly live drawings. This WILL, however affect the profitability and value of the company once the jackpot is won, as all of the math leading up to this point in simulations and odds calculations have assumed that we would only pay from the emergency funds IF the jackpot was short.
You have 7 days to place your vote. To keep you best informed, the current wallet balances are listed below.
Master Wallet: 0.01 Prize Pool: 9,100,000.00 Jackpot Pool: 19,000,000.00 Assumed Margin: 2,471,866.26 Tickets Purchased: 0.00 WInnings To Pay: 0.00 Emergency Fund: 13,605,153,966.26
Total Value of all Hard Assets: 13,635,725,832.53 Hard Assets per share: 4,545,241.94 Estimated Value Per Share: 9,951,869.04 (Using assumed IP value of 5,406,627.098)
We do have 251 shares for sale at the rate of 10mil if anyone is interested. We had a potential buyer who never stepped up.
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Cista2
Caldari Provisions Caldari State
253
|
Posted - 2016.06.27 06:21:32 -
[80] - Quote
I don't understand this vote. I understand that money will be moved to another wallet, but can you explain what will become "more transparent" about the "progressive aspect"? Those words mean nothing to me :)
My channel: "Signatures"
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Morgan Agrivar
Peace.Keepers
346
|
Posted - 2016.06.27 07:43:02 -
[81] - Quote
I am also not sure of the relevance of needing a vote to move money from one wallet to another. I am also not sure why this is on the forums and not in an ingame email.
This would cure me of the fear...
CCP Explorer liked you forum post. Now my life is complete...
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Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.06.27 14:01:51 -
[82] - Quote
Morgan is right, I will use in-game mail going forward.
Under the current rules, the Jackpot only has 19 mil, so if somebody wins the jackpot, they win 1.5 bn, 1.481 bn of which would come from the emergency funds wallet.
This one time transfer would put our jackpot at 1.519 bn, and it would increase by 0.5 mil with every ticket sold.
Without this action, potential players will be told this is a progressive lottery, but it won't actually have a progressive jackpot until we have sold 3,000 tickets.
The reason I am taking this to a vote is because we are essentially GIVING the jackpot the first 1.5 bn, so now every ticket sold raises the amount that can be won in the jackpot. We are taking this money out of a safety net, and putting it out there to be given away. I'm not willing to give away 10% of our cushion without a vote from the people that built it. |
Plleasure Hub
Municorn
121
|
Posted - 2016.06.28 01:11:39 -
[83] - Quote
I LIKE IT
"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." GÇö Kazuto Kirigaya
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Cista2
Caldari Provisions Caldari State
254
|
Posted - 2016.06.28 06:03:10 -
[84] - Quote
Btw the general reason that votes are announced on forums, is that it allows the public to criticise them, thus helping the shareholders in their decision.
My channel: "Signatures"
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Morgan Agrivar
Peace.Keepers
346
|
Posted - 2016.06.28 07:05:02 -
[85] - Quote
I understand. I vote for moving it.
This would cure me of the fear...
CCP Explorer liked you forum post. Now my life is complete...
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Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.06.28 14:04:30 -
[86] - Quote
Cista2 wrote:Btw the general reason that votes are announced on forums, is that it allows the public to criticise them, thus helping the shareholders in their decision.
What is best protocol in Eve? Should I be starting a new thread for these votes, or just keep a single thread going for all things corp related? |
Cista2
Caldari Provisions Caldari State
255
|
Posted - 2016.07.22 17:26:12 -
[87] - Quote
Aaaand crickets.
My channel: "Signatures"
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Elizabeth Norn
Nornir Research
932
|
Posted - 2016.07.22 17:32:19 -
[88] - Quote
When was the last time you saw a successful forum lottery? Everyone moved on to Somer Blink and similar sites. |
Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.07.22 19:44:28 -
[89] - Quote
I'm still here... I've just been spending a lot more time on the website and back end design. Sales quite frankly have sucked and I need to get a better handle on how to do this, I've also secured a co-host for the live stream program who will have a lot of friends to help expose the brand to. |
Cista2
Caldari Provisions Caldari State
255
|
Posted - 2016.07.22 21:28:58 -
[90] - Quote
Good to hear, updates are always welcome
My channel: "Signatures"
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Morgan Agrivar
TriStar Market Solutions
513
|
Posted - 2016.09.18 02:51:55 -
[91] - Quote
Cista2 wrote:updates are always welcome
This would cure me of the fear...
CCP Explorer liked you forum post. Now my life is complete...
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Zahara Cody
Imperial Corrections Service.
299
|
Posted - 2016.09.18 03:36:20 -
[92] - Quote
Never trust anyone named Trogdor
Hating is free, that's why poor people do it the best.
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terzslave
Caldari Provisions Caldari State
194
|
Posted - 2016.09.18 03:47:08 -
[93] - Quote
Perhaps you need an ingame channel for this? |
Morgan Agrivar
TriStar Market Solutions
513
|
Posted - 2016.09.18 04:13:14 -
[94] - Quote
Zahara Cody wrote: Never trust anyone named Trogdor Can I just stand in the same station as you so hopefully your riches rub off onto me?
And was wondering how this was going, been very quiet.
This would cure me of the fear...
CCP Explorer liked you forum post. Now my life is complete...
|
Trogdor Montague
Jaque Pot Holdings
11
|
Posted - 2016.09.19 22:13:23 -
[95] - Quote
SORRY SORRY SORRY EVERYONE!
I could have swore I posted an update in early August, but apparently it's not here!
I don't want to hold on to everyone's money while I'm making no progress, and while I'm not giving up yet, I'm not making ANY progress either.
Being a first time parent has taken far more time than I had expected it to, and I've had a handful of medical emergencies of my own to deal with... Needless to say, my time-in-game has suffered significantly.
I still have all of the money that was collected in the IPO phase, and have been saving to give out some kind of thank-you for everyone who was so nice to give me a shot.
While I'm not giving up or done with this idea, I need to release what I'm holding, as it clearly hasn't been as strong of an investment as I thought it would have been... I expected better sales, better YouTube viewership, and less administrative work than reality allowed. I now know, I have bit off more than I can chew.
So, I'm not done... But I am done for now... If any of you are interested in playing along on my next effort (whenever that may be), I will be back on the forums again...
As a thank you for trusting me to hold on to your ISK for so long, I have been taxing all of my in-game earnings at 95% and will be paying out all of the funds in the corporation on October 1 in proportion to shares held (excluding my own shares of course.
If you really want your money now, I am willing to buy back your shares at the price you paid for them. Please contact me in-game to arrange the transaction. Otherwise I will be contacting each of you individually on 10/1.
Sorry for the lack of communication and weak returns. This experience was eye-opening for me, and hopefully was a good indicator of my honesty moving forward. Life just got away from me and I didn't have the time I thought I would have had. |
Toobo
Project Fruit House Solyaris Chtonium
166
|
Posted - 2016.09.20 11:34:12 -
[96] - Quote
Sorry to see this go, especially I only found out about it today and never got to play :(
As for my own impression after reading all the posts here, I have following things to say
1. I love the idea of lottery, which is different from slots or raffles that are offered else where
2. But your website was all business and no fun . :p Players like me want to see player orientated website that purely focus on the game, you can have board discussions and algorithm stuff else where. When I play to gamble, I don't want any clutters. Just very easy way to buy tickets and check for results
3. Buying tickets through ISK sending in game with manual typing on the reasons was a bad idea. You want people to deposit money in game, and use the ISK from your site's account to buy tickets, offering both manual number pick and auto pick
4. The seed money/prize was too little. I like the idea of progressive jackpot but IMHO the starting jackpot should be minimum 20b. When you have better than 1:30,000 odds to win 20b in Rat Race at IWI with 27m for a spin, buying 27 tickets at your site for the same 27m ISK and Jackpot being 1.5b ISK is just really meh
5. I really do like the idea of progressive lottery jackpot for EVE players, and applaud your effort. If anybody takes up from this idea with revamp for super easy and sleek website interface and willing to commit as a group to push for its success and marketing, I could probably 'pledge 20b'. But I'm talking about scenario where progressive jackpot not won for a few weeks can carry over to at least 500b+, region, and two months no lottery winner bringing the winnings to over a trillion kinda scale. Something big that will get people excited. While it's a different game, I remember when Rat Race at IWI went over 900b. Everyone and their dogs were spinning like crazy and there was such a buzz
Anyways, kudos for your effort, and I hope your next ventures be more successful
Toobo is a lucky talisman. Try Toobo's lucky referral link at the awesome iwantisk website and have a great time
http://www.iwantisk.com/?ref=1216023697
Remeber - you win by luck and lose by luck. Don't go crazy. ;)
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Cista2
Caldari Provisions Caldari State
268
|
Posted - 2016.09.20 17:03:45 -
[97] - Quote
I like the part where I get money back
My channel: "Signatures"
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Trogdor Montague
Jaque Pot Holdings
14
|
Posted - 2016.09.20 19:04:56 -
[98] - Quote
Thanks for that Toobo. I was planning for a website interface such as what you described, but my programming skills aren't what they used to be. I had a friend helping, but he fell through back in July.
As for Jackpot sizes, that is the trickiest part of the math for the whole project... Make it too small and nobody cares... make it too big, and you put the lotto corp at a hige risk of losses. My inital starting point of 1.5bn was selected based on the cost of Plex at the time, and would be 1500x the ticket price... It also didnt help that through the API I was keeping public, the names of players for all tickets purchased and paid out... Sure, I was buying 20-50 tickets myself to give out as promos, but it just doesnt look good to see 85% of the "sales" being made to the CEO.
Again, I love the project and want to give it another crack, but really feel bad for holding so much of everyone else's money for so long with no return.
I will try again when I know I can give it the time and effort everyone deserves.
Toobo wrote:Sorry to see this go, especially I only found out about it today and never got to play :(
As for my own impression after reading all the posts here, I have following things to say
1. I love the idea of lottery, which is different from slots or raffles that are offered else where
2. But your website was all business and no fun . :p Players like me want to see player orientated website that purely focus on the game, you can have board discussions and algorithm stuff else where. When I play to gamble, I don't want any clutters. Just very easy way to buy tickets and check for results
3. Buying tickets through ISK sending in game with manual typing on the reasons was a bad idea. You want people to deposit money in game, and use the ISK from your site's account to buy tickets, offering both manual number pick and auto pick
4. The seed money/prize was too little. I like the idea of progressive jackpot but IMHO the starting jackpot should be minimum 20b. When you have better than 1:30,000 odds to win 20b in Rat Race at IWI with 27m for a spin, buying 27 tickets at your site for the same 27m ISK and Jackpot being 1.5b ISK is just really meh
5. I really do like the idea of progressive lottery jackpot for EVE players, and applaud your effort. If anybody takes up from this idea with revamp for super easy and sleek website interface and willing to commit as a group to push for its success and marketing, I could probably 'pledge 20b'. But I'm talking about scenario where progressive jackpot not won for a few weeks can carry over to at least 500b+, region, and two months no lottery winner bringing the winnings to over a trillion kinda scale. Something big that will get people excited. While it's a different game, I remember when Rat Race at IWI went over 900b. Everyone and their dogs were spinning like crazy and there was such a buzz
Anyways, kudos for your effort, and I hope your next ventures be more successful
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Morgan Agrivar
Divine Bovine Security Services
526
|
Posted - 2016.09.20 20:05:03 -
[99] - Quote
I await your email.
This would cure me of the fear...
CCP Explorer liked you forum post. Now my life is complete...
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Toobo
Project Fruit House Solyaris Chtonium
169
|
Posted - 2016.09.20 22:11:43 -
[100] - Quote
Trogdor, yeah your reasons are understandable and it is correct that you don't put too much of your investors' money at risk. But if you had a really attractive site and solid plan, and some collateral for investor safety, I think the lottery idea could work. There are many examples here on this forum where people raise 20+b very quickly if they can offer good collateral and well trusted third party. Anyways, good luck!
Toobo is a lucky talisman. Try Toobo's lucky referral link at the awesome iwantisk website and have a great time
http://www.iwantisk.com/?ref=1216023697
Remeber - you win by luck and lose by luck. Don't go crazy. ;)
|
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Morgan Agrivar
Divine Bovine Security Services
571
|
Posted - 2016.09.20 22:33:48 -
[101] - Quote
This was my first investment opportunity but I don't have billions to throw around. Sad to see it didn't go anywhere but it doesn't detract from doing it again (if I have the funds).
This would cure me of the fear...
CCP Explorer liked you forum post. Now my life is complete...
|
Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.03 15:25:16 -
[102] - Quote
Just logging in to begin the buyback process... Wanted to wait until EveMuseum dividends posted. Hang tight for updates. |
Jaxic
Clan Zero
0
|
Posted - 2016.10.12 17:13:25 -
[103] - Quote
Does the new EULA impact this? |
Zad Murrard
Frozen Dawn Inc Frozen Dawn Alliance
41
|
Posted - 2016.10.12 17:18:07 -
[104] - Quote
Would say so as Lottery is gambling. |
Arronicus
Fusion Enterprises Ltd Badfellas Inc.
1528
|
Posted - 2016.10.12 20:31:52 -
[105] - Quote
Jaxic wrote:Does the new EULA impact this?
Are humans mammals?
New EULA restrictions:
No third party games of chance for isk/assetts/etc
This thread: Lottery (game of chance) for isk hosted by third party (OP)
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KenFlorian
Jednota Inc
39
|
Posted - 2016.10.14 17:07:42 -
[106] - Quote
Oops |
Morgan Agrivar
Sebiestor Tribe Minmatar Republic
584
|
Posted - 2016.10.14 23:59:36 -
[107] - Quote
This already fell through so thanks for beating a dead horse with a stick.
*sigh*
YC 117 New Eden Capsuleer's Writing Contest Submission - "Heartache"
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Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.17 02:31:26 -
[108] - Quote
So, here's how the return of funds is going to work. You will each get an Eve Mail with your specific amounts.
The account currently holds all of the initial money earned in the IPO phase and an additional 76,587,984 isk.
We will pay out all of this evenly across the 1610 shares that are not owned by me.
This will be a earnings per share of 47,570.17. Once you receive your email you have the choice to sell your shares back to me for the value listed, or you can chose NOT to return the shares and retain your ownership in the corp. (What the corp will do going forward, I really don't know.
Please reply via evemail so that I am notified on my mobile that you are awaiting a transaction, then I can log in and make the fund transfers. Please "give shares" back to Trogdor Montague to complete the sale.
Thanks again to everyone for your patience and support. I truly wish I had the time and energy to continue the project, but it seems as if the EULA is even against me now. |
Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.18 00:51:02 -
[109] - Quote
3 Shareholders have accepted and received their buyback settlement. |
Cista2
Caldari Provisions Caldari State
274
|
Posted - 2016.10.18 06:55:56 -
[110] - Quote
Trogdor Montague wrote:3 Shareholders have accepted and received their buyback settlement. Received! Thank you for the clean termination of this project :) It is very rare to see an unknown receive a lot of money on good faith alone, have the project run sour over time, but nevertheless return all the ISK to the participants.
My channel: "Signatures"
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Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.19 18:07:42 -
[111] - Quote
A 4th shareholder has taken the offer. |
Elizabeth Norn
Nornir Research
975
|
Posted - 2016.10.19 22:08:10 -
[112] - Quote
You might want to read https://community.eveonline.com/news/dev-blogs/end-user-license-agreement-changes-coming-with-eve-online-ascension/ which states "You may not use, transfer or assign any game assets for games of chance operated by third parties". Basically, CCP have banned any kind of gambling in EVE now.
Free 3rd party service
21 day trial, you keep the whole PLEX
|
Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.20 01:28:47 -
[113] - Quote
A 5th shareholder has taken the offer.
Thanks for the info Elizabeth, we are aware of the change and are attempting to take care of our investors before our operations become problematic. I don't really agree with the rule, but I don't fault CCP for going that way either... If EVE is going to become free-to-play, they will need to crack down and take a slightly stronger stance where they once were a very "buyer beware" kind of company.
I'm hoping that after all the dust settles and I get caught up on my overdue workload, I'll have time to make a blog article sharing my leanings... This truly was an eye-opening experience that I'd love to share with others. |
Alexi Stokov
State War Academy Caldari State
140
|
Posted - 2016.10.20 02:57:57 -
[114] - Quote
Trogdor Montague wrote:A 5th shareholder has taken the offer.
Thanks for the info Elizabeth, we are aware of the change and are attempting to take care of our investors before our operations become problematic. I don't really agree with the rule, but I don't fault CCP for going that way either... If EVE is going to become free-to-play, they will need to crack down and take a slightly stronger stance where they once were a very "buyer beware" kind of company.
I'm hoping that after all the dust settles and I get caught up on my overdue workload, I'll have time to make a blog article sharing my leanings... This truly was an eye-opening experience that I'd love to share with others.
I'd bet that a part of CCPs change in thought was due to the CS GO gambling sites fiasco. |
Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.20 03:26:04 -
[115] - Quote
Alexi Stokov wrote:
I'd bet that a part of CCPs change in thought was due to the CS GO gambling sites fiasco.
That would make sense, but as I said before, I'd expect this if they are ramping up for massive amounts of new subscribers. The visibility of the game will be higher than ever when they start to offer a free-to-play offer, the PLEX system, character transfers, and skill injectors really blur the line when it comes to "real cash" transactions.
We don't need anyone asking questions around here. |
Elizabeth Norn
Nornir Research
975
|
Posted - 2016.10.20 09:33:55 -
[116] - Quote
It's probably more to do with the US and UK recently looking to regulate virtual/video game current gambling, rather than alpha clones which have likely been in the works for months. Many other much more games have had gambling up until now, I imagine there won't be many left soon.
Free 3rd party service
21 day trial, you keep the whole PLEX
|
Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.10.21 20:53:50 -
[117] - Quote
Another settlement has been paid. Only 514 of 1500 shares remain for collection.
I highly recommend completing this transaction before 11/8 so there are no issues related to the new EULA. I assume there will be no penalty for violations previous to the activation date, but you may want to clean up, just to be sure.
Also, to clarify, there has been NO real money transfer as any part of this process. My concern is related to the new EULA regulations against 3rd party gambling systems, which I admit we were operating before it was deemed to be against the TOS.
I have ceased all gambling related operations as of 7/7/16, well before the change in regulations. |
Plleasure Hub
Municorn
121
|
Posted - 2016.10.26 13:58:18 -
[118] - Quote
Confirming that I was successfully cashed out. Thanks, Trogdor. I'm sorry that the odds were not in your favor this time.
"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." GÇö Kazuto Kirigaya
|
Trogdor Montague
Jaque Pot Holdings
15
|
Posted - 2016.11.06 21:36:30 -
[119] - Quote
One FINAL reminder to claim your ISK will be sent via EVE Mail later today. If you want your money back, let me know before I start investing in something else.
I plan to keep all of the JaquePot funds in the corporation and use them to invest in other business opportunities. Dividends will be paid out, but I now own nearly 75% of the shares, so if you choose to "let it ride", keep in mind that there are pretty much no checks and balances anymore... (Although I don't INTEND to do anything to jeopardize your investment, I cannot make any guarantees).
Current shareholders will be guaranteed their current offer until 00:00 on Nov 21, 2016. |
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