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Ricdic's Hoe
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Posted - 2007.11.10 01:08:00 -
[1]
 Originally by: FastLearner
I asume incompetence on his part, not good faith. Smae thing as I assume on CAP4U.Yes anyone who opened a cap-ship IPO after it was obvious the market was collapsing desreves approbation
Sure, but one could call it incompetence for a bank owner to loan himself half the funds the bank has and then lose a mothership as well could they not?
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Ricdic's Hoe
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Posted - 2007.11.10 01:35:00 -
[2]
most of your points are wrong but I will refrain in the intererests of keeping this thread from going off-topic. I actually posted what I did, and then had a shower and decided to come back and remove the post as i found it inappropriate.
I will remove it anyway, so you are free to remove your quoting of it as well if you choose 
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Ricdic's Hoe
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Posted - 2007.11.10 01:45:00 -
[3]
well what I posted was fact was it not? Did you loan half (give or take) the funds in the bank, and then lose them? Yes or no?
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Ricdic's Hoe
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Posted - 2007.11.10 16:08:00 -
[4]
sorry yeh it would seem so based on this post. Just wanted to make sure everything was on track for the dividend
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Ricdic's Hoe
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Posted - 2007.11.10 18:55:00 -
[5]
Thanks for the into guys. My main hope was to just know the date of the next dividend, that's all.
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Ricdic's Hoe
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Posted - 2007.11.12 01:40:00 -
[6]
No EBANK would not lend money on the face value of PSI. You knew that answer already  . I don't doubt the way this is being handled is terrible but I figure if he is on the cusp of either calling scam or fixing this up, I don't want to push him over that edge. I actually don't like throwing my money away.
I would love to get out of this in some way or other, but if he is borderline scam then it's in our best interests to give him a chance to finish this thing. He has advised that some form of dividend/update will occur on the 16th so I will wait and see what happens then.
I am trying to keep my isk from going down the drain here. However you won't see me compliment or defend his actions
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Ricdic's Hoe
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Posted - 2007.11.17 05:17:00 -
[7]
Yeh I agree with FL. I don't believe he is a scammer. I have given him an out if he chooses to take it. A scam is far worse on one's record than a failed business plan.
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Ricdic's Hoe
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Posted - 2007.11.17 07:08:00 -
[8]
To be honest I think if you want to get away from capital ships you should just do the buyback and start another venture. Obviously there is no doubt that this venture has damaged your reputation and chances are that you won't be given public isk any time soon in the future as a result, but i don't believe that's justification to refuse to give people back their money now.
I personally don't want any more excuses. I would like either my money back, or dividends as were promised. I find it scary that you guys are only just now wondering what to do with the money after holding it for 2+ months. So please, do the right thing, liquidate and accept that you screwed up.
I do want to say thanks to the guy who put that mail through but this was a Wylker enterprise and I do not find it comforting that Wylker won't even do that for himself.
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Ricdic's Hoe
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Posted - 2007.11.18 02:09:00 -
[9]
Originally by: Doctor Fruitloop
Yup looks like a scam allright.
Win!
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Ricdic's Hoe
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Posted - 2007.11.18 07:30:00 -
[10]
Originally by: Treelox
Originally by: Kitex
I find myself getting increasingly interested in acquiring intel regarding Pyrrhus Sicarii's destructible 0.0 assets.
is it time to start passing around the hat, to collect funds to hire MC?
I got KIA on speed dial
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Ricdic's Hoe
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Posted - 2007.11.18 13:08:00 -
[11]
As an investor at this point, I prefer a liquidation and a slight loss of my funds so i can use the remainder in an actual non locked down state. Right now any funds in Wylker's hands are worthless. He is 1 month late on dividends, has zero communications skills, and even after months with the isk he still doesn't know what he is doing with it.
Of course we were also lured in by 15% return promises, and a ton of references by corp/alliance mates. Plus his superb communications skills before he actually got the money off us.
We now have no dividends, no idea when dividends will be, no idea how dividends will be procured, no communication from the guy who said:
Originally by: Wylker
I am very consistent and loyal to my allies. I wish I had some way to express to you how important I think business ethics are and how I believe that businesses have a moral responsibility, but beyond simple statements I have no way of proving that to you. In addition, I possessed all hangar and POS roles in my ISS corp
It also should be pointed out how extensive his business skills are:
Originally by: Wylker
Out of game, I hold a BS in business management with focus on accounting and economics. I have personally launched three separate LLCs in two different states and eventually sold each business for a profit. I have worked on my own, and I have managed staffs of over 200 people.
Frankly speaking, I call BS on your BS. No-one in control of mass management in business would deal in the level of communication you have done.
You need to offer a buyback to those who want it. Start liquidating funds. Start communicating with people. I couldn't care less if you start bringing in 30% returns, I just have zero interest in someone such as yourself working my money. You used deceit and lies to promote yourself, you haven't bothered beginning the buyback you promised.
Your entire business plan has failed miserably. As someone who has run companies of your own you would know the importance of business plans, customer and investor communications and the likes. A business plan isn't worth a thing if you don't bother following the processes you outlined and we invested in.
Take my offer, allow me to handle this liquidation. Alternatively, throw a vote out, don't vote on it with your 51% of shares, and see what the public want to do. I have offered you assistance in game both through evemail, mailing list, these forums, and personal evemails, and your friends with no response whatsoever.
Stop stringing people along, it's time to end this thing.
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Ricdic's Hoe
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Posted - 2007.11.19 08:18:00 -
[12]
Originally by: Astorothe
I think that a lot of these ventures start legit and then due to boredom, change in real life, etc - the IPO runner decides to just keep the money and claim it as a "scam"
Can't be boredom as he has only been running it 3 months and not paid any dividends yet.
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Ricdic's Hoe
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Posted - 2007.11.19 15:29:00 -
[13]
I can wait a few hours  How did you manage a forum ban on one section of the forums? Didn't know that was possible
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Ricdic's Hoe
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Posted - 2007.11.19 17:18:00 -
[14]
Edited by: Ricdic''s Hoe on 19/11/2007 17:19:12
There is no scam at this point. Until Wylker calls it as a scam or we see where the path takes us, lets not address it as one. Sure, we can definetly say some things have been seriously screwed up but a failure will/can result in partial reimbursement. A scam results in zero reimbursement. Lets see where things go and what is said tonight first.
Argenton do you really enjoy coming into these forums from time to time to show off your epeen? Fact is there are 10 good businesses out there for every sour 1. You just keep your head so far up your (insert favourite orifice) that you only come out to play when something like this happens to yell "i told you so" which proves nothing. Hell, it isn't a scam yet anyway.
edit: Typo
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Ricdic's Hoe
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Posted - 2007.11.19 18:07:00 -
[15]
Originally by: Argenton Sayvers
Ricdics post above is the perfect example of what i am talking about.
No, my post is an example of someone looking to not push Wylker over the edge. Maybe he is already there, maybe not. But your post doesn't help the matter one bit. Obviously you don't care as it doesn't affect you in the slightest and you are more interested in talking trash. Naph explained above why we are doing this.
But hey, keep pushing it. You can be the straw that broke the camel's back, and then feel great about being one of the few that finished the job and helped ensure people's isk was lost.
Right now things don't look too crash hot but there is still some hope. Give us the decency of keeping it to yourself and not calling a scam until you can factually state it as such.
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Ricdic's Hoe
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Posted - 2007.11.20 01:54:00 -
[16]
Well I would like to see a more formal idea rather than just "rorqual production etc". However, for rorqaul, jump freighters etc, you still need to liquidate existing stocks.
As a shareholder I want the ability to remove myself from this investment. I would like to see at least a small portion (ie 5-10b) worth of assets liquidated, and a buyback being made available on this.
That way people who really want to go can do so peacefully. Those of us who are really unhappy are likely at a point where they don't care if you get 5% returns or 50% monthly returns. I simply don't feel comfortable having any of my money in there.
That's not to say that others won't give you a chance to prove yourself. However I do want to see a portion of funds placed aside for a buyback as that's the only real interest I have at this point. Glad to see you back either way.
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Ricdic's Hoe
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Posted - 2008.01.14 16:23:00 -
[17]
Edited by: Ricdic''s Hoe on 14/01/2008 16:26:10
Originally by: Investigador
I mean, come on, look at the chatlog he posted where he tricks Ricdic into investing and how he sweet-talked Ricdic for 2 or 3 weeks and then at the end he avoided skillfully all questions about scamming (I hope this is the right scam, since I can't find the post). Does it sound like incompetence to you?
That was Riethe
With this corp it was simply the OP started the investment, things didn't go his way, decided it was too much work, and gave up the easy way. We can call it incompetence or we can call it what it is, a scam. There was no sweet talking on this one. I saw all the people "vouching" for and giving great character references and invested in it.
The above didn't lead me to believe they would repay the debt in the event of his default, but that there were enough positive experiences by his friends to suggest he would do the right thing. I only had a small investment in PSI anyway but yeh I probably invested also because everyone was doing it 
(by I , I mean Ricdic. EBANK weren't live at time of this IPO)
edit quoted extra crap
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