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Daeva Vios
PhaseShifter Technologies
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Posted - 2007.11.20 19:49:00 -
[361]
Salvage what is left of your reputation and the reputation of the friends who vouched for you, and do as Ricdic says. Offer a buyback.
This has gone on long enough.
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2007.11.20 19:56:00 -
[362]
Originally by: Kazuo Ishiguro Well, the profit per unit or Rorquals is quite good (~400m or so) but it takes masses of capital to afford all the component BPOs, and you can only make 2 per month per Rorqual BPO.
Keep in mind that he allready owns a few set's of component BPO's, it does seem more practical. Also if he is going to continue down the T2 freighter production path, there is a business model I did on the second page of the forums, if you do this I would be willing to look into supplying components for you. Not vouching for you but giving you an option as I can build the components independantly and sell them on to you if you can guarentee buying a steady supply of these thing's.
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Argenton Sayvers
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Posted - 2007.11.20 20:58:00 -
[363]
Edited by: Argenton Sayvers on 20/11/2007 20:59:36 Edited by: Argenton Sayvers on 20/11/2007 20:58:33
Originally by: Mining Bunnz If you are not acting directly on behalf of someone who holds, or used to hold, PSI shares, then you are not positively contributing to this thread anymore. Its that simple. Please stop.
Yeh, Wylker already carries the burden of all the ISK, the burden of public criticism is just too much, the poor sensitive fellow will break under all this pressure.
What is my legitimation to post "non-positive" comments in this thread? I am a judge in the court of public opinion, and my verdict is law...
If this isnt a scam, but indeed a failed business venture, then its the market pvp equivalent of getting ganked in your officer-fitted mining Navy Megathron. With medium pulse II in the high slots.
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Fitz VonHeise
The New Order. United Connection's
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Posted - 2007.11.20 22:30:00 -
[364]
I posted this originally in the irrational exuberance thread but thought it best to post it here too make sure Wylker sees it:
Originally by: Benvie Investors have no reasonable expectation to receive any interest on their investment despite there being no returns for a few months. They do have a reasonable expectation that if the business is failing that all assets will be liquidated and all funds distributed to shareholders.
So the current state of affairs for Wylker and his IPO is that he hasn't communicated with anyone for a long time. And for his name not to be put in my Thieves of Eve list is for him to come back and just liquidate all items purchased for the IPO and distribute them to all shareholders. (Even if this results in a net loss)
In other words he would not have to attempt to make up the difference out of his own pocket. He would be a failed business man but would have his good name intact.
(And Wylkerą. DonĘt let this failure bother you. There are many, many people who fail at a business and they come back and try again and many times succeed. Just set your goals a bit lower the next time)
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Caldari Factional Standing Increase ņ Alliance Creation ņ The Thieves Of EvE ņ My Links
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Wylker
Caldari Pyrrhus Sicarii The Church.
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Posted - 2007.11.20 23:36:00 -
[365]
Originally by: Fitz VonHeise I posted this originally in the irrational exuberance thread but thought it best to post it here too make sure Wylker sees it:
Originally by: Benvie Investors have no reasonable expectation to receive any interest on their investment despite there being no returns for a few months. They do have a reasonable expectation that if the business is failing that all assets will be liquidated and all funds distributed to shareholders.
So the current state of affairs for Wylker and his IPO is that he hasn't communicated with anyone for a long time. And for his name not to be put in my Thieves of Eve list is for him to come back and just liquidate all items purchased for the IPO and distribute them to all shareholders. (Even if this results in a net loss)
In other words he would not have to attempt to make up the difference out of his own pocket. He would be a failed business man but would have his good name intact.
(And Wylkerą. DonĘt let this failure bother you. There are many, many people who fail at a business and they come back and try again and many times succeed. Just set your goals a bit lower the next time)
You should probably put me on your arbitrary list then. If you read this thread, what you are "demanding" (lol) is a possibility, but not at all a certainty. I'm not really sure what gives you the right to attach such a label, but more power to you sir.
Portsmouth Shipyards IPO Sales Portsmouth Shipyards IPO Discussion
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Crovan
Eternity INC. Mercenary Coalition
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Posted - 2007.11.20 23:57:00 -
[366]
And here I thought people needed guns fitted to pvp...
Alright, I've seen the subtle (and blatant) return of my name to the conversation. All I will say is that I honestly think that Wylker hasn't scammed you. He got really unlucky when it came to changes in the EVE economy. All capital builders are undergoing a major paradigm shift at the moment.
As for buybacks and whatnot, I won't comment. That's between you guys. Just don't try to leverage Wylker's friends by saying he's tarnishing our good name.
If you are really that upset, I'm authorized to discuss contracts on behalf of ETNY. If you think I won't shoot my friends for money, you're dead wrong. You could also contact Mynas Atoch, or our CEO, Exekias.
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Meleil
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Posted - 2007.11.21 00:25:00 -
[367]
Originally by: Crovan If you are really that upset, I'm authorized to discuss contracts on behalf of ETNY. If you think I won't shoot my friends for money, you're dead wrong. You could also contact Mynas Atoch, or our CEO, Exekias.
*strokes goatee* I shall be in contact if things go farther downhill... ~Mel
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Wylker
Caldari Pyrrhus Sicarii The Church.
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Posted - 2007.11.21 00:27:00 -
[368]
Originally by: Crovan And here I thought people needed guns fitted to pvp...
Alright, I've seen the subtle (and blatant) return of my name to the conversation. All I will say is that I honestly think that Wylker hasn't scammed you. He got really unlucky when it came to changes in the EVE economy. All capital builders are undergoing a major paradigm shift at the moment.
As for buybacks and whatnot, I won't comment. That's between you guys. Just don't try to leverage Wylker's friends by saying he's tarnishing our good name.
If you are really that upset, I'm authorized to discuss contracts on behalf of ETNY. If you think I won't shoot my friends for money, you're dead wrong. You could also contact Mynas Atoch, or our CEO, Exekias.
You don't want ANY of this Crovan. CHAMONE!
Portsmouth Shipyards IPO Sales Portsmouth Shipyards IPO Discussion
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.21 01:25:00 -
[369]
Not sure why you got annoyed at Fitz up there Wylker. It seems you quoted the wrong post as he had nothing but nice things to say to you. Anyway, the buyback offer is the easiest of the lot if you need me to handle it. Pass all assets to me and walk away. It can be done and dusted within 5 minutes.
Either way we need some action on this now in one form or another. Let's stop beating around the bush here. Really there is no argument. Capital ships are out so your original business plan has changed dramatically. The fact that it mostly hasn't been followed anyway means it's not worth a thing.
Liquidate or have me do it for you, get people's cash back (as much as possible) and look for other ways to deal with public funds. Handing the money/assets over right now has a far higher benefit to your reputation than dragging this thing out for months more locking people into places they don't want to be.
WWW.EVE-BANK.NET
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Trading Bunnz
ElArms International
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Posted - 2007.11.21 02:47:00 -
[370]
I would be inclined to agree with other posters Wylker. Your business plan was an alternative approach to capship production. That business plan no longer holds so you need to give investors the option to walk away. Taking up Ric's offer, or liquidating stuff yourself, is probably the best step forward.
If you do that, promptly and completely, all the bleating about scam and reputation and what have you goes away. You tried, you failed. No fault, no foul. As investors, WE take that risk. When you have another plan ready for action, you can come back to us to secure funding.
Communication has sucked, there are obviously reasons for it but whatever they are dont matter to the outcome of this public company. You raised funds for production of carriers, it hasn't worked, the market has dived, call it quits and get out.
If you do that promptly, then you will retain a degree of trust on the forums and can confidently come back to us in the future with new plans and I, personally, would read those plans with an open mind and more confidence than i approached this one with, simply because the "risk of scam" factor would be lower on a future plan.
The "risk of failure" in this instance wasn't based on your abilities, but a nerf by ccp, thats always a risk we take. The "risk of scam" has loomed large lately with non-communication. Time to put it to bed.
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Wylker
Caldari Pyrrhus Sicarii The Church.
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Posted - 2007.11.21 02:59:00 -
[371]
I'll definately abide by whatever the results of the vote are on Saturday. If they are to liquidate, then I will do so. Ricdic, I added you to MSN but you haven't added me back yet.
Portsmouth Shipyards IPO Sales Portsmouth Shipyards IPO Discussion
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Hexxx
Minmatar
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Posted - 2007.11.21 03:31:00 -
[372]
Originally by: Wylker I'll definately abide by whatever the results of the vote are on Saturday. If they are to liquidate, then I will do so. Ricdic, I added you to MSN but you haven't added me back yet.
Looking forward to resolving this during the weekend, you gave it a go and conditions became unfavorable. Sometimes you just get dealt a bad hand, but you did try, and for that I tip my hat.
Hopefully, you can take your experiences from this and apply them to your future businesses.
Consulting, IPO Template, and Stock/Bond definitions.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.21 04:44:00 -
[373]
Originally by: Wylker I'll definately abide by whatever the results of the vote are on Saturday. If they are to liquidate, then I will do so. Ricdic, I added you to MSN but you haven't added me back yet.
Thanks Wylker I have accepted it and look forward to having a chat when we are both available (I am available for the next 6 hours on msn btw).
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Kitex
Blacktag Test Labs
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Posted - 2007.11.21 07:05:00 -
[374]
Wylker, will you be voting with your own shares? 1/3 of total shares is enough to pass the vote in any direction you please, considering the vast number of shares that inevitably won't be voting.
I'm just curious whether the vote will be a legitimate polling of non-Wylker shareholders, or whether you'll end up doing what you want anyway by voting with your majority interest.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.21 09:05:00 -
[375]
Thats actually an excellent question. I forgot Wylker retains 51% of ownership
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Adam Weishaupt
Minmatar Pyrrhus Sicarii The Church.
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Posted - 2007.11.21 15:05:00 -
[376]
Originally by: Crovan And here I thought people needed guns fitted to pvp...
Alright, I've seen the subtle (and blatant) return of my name to the conversation. All I will say is that I honestly think that Wylker hasn't scammed you. He got really unlucky when it came to changes in the EVE economy. All capital builders are undergoing a major paradigm shift at the moment.
As for buybacks and whatnot, I won't comment. That's between you guys. Just don't try to leverage Wylker's friends by saying he's tarnishing our good name.
If you are really that upset, I'm authorized to discuss contracts on behalf of ETNY. If you think I won't shoot my friends for money, you're dead wrong. You could also contact Mynas Atoch, or our CEO, Exekias.
/signed
Please hire MC against OHSHT anyway, though. Would be cool. Hi Crovan o/
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Wylker
Caldari Pyrrhus Sicarii The Church.
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Posted - 2007.11.21 15:21:00 -
[377]
Originally by: Kitex Wylker, will you be voting with your own shares? 1/3 of total shares is enough to pass the vote in any direction you please, considering the vast number of shares that inevitably won't be voting.
I'm just curious whether the vote will be a legitimate polling of non-Wylker shareholders, or whether you'll end up doing what you want anyway by voting with your majority interest.
Hehe I hadn't even considered this. No, I did not plan to vote :)
Portsmouth Shipyards IPO Sales Portsmouth Shipyards IPO Discussion
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.21 15:30:00 -
[378]
Wylker you can catch me any time on MSN. I am assuming you are waiting on our chat before starting the vote 
WWW.EVE-BANK.NET
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Veronique deEstelle
Gallente Advanced Technologies And Research Inc
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Posted - 2007.11.21 16:40:00 -
[379]
Ah... at last some constructive discussion and Wylker back^^ A lot of efford was put in these IPO so far if I got it right. I think carriers and industrial caps/t2-freighters use some of the same BPOs/parts also. So why not just add them to the list? That is if Wylker feels himself capable of this... I don't see carriers out of vogue yet but the timing for a liquidation of carrier stuff right now seems pretty bad due to the uncertainly of carrier nerfs beside the hauling issue.
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.21 16:43:00 -
[380]
Originally by: Veronique deEstelle Ah... at last some constructive discussion and Wylker back^^ A lot of efford was put in these IPO so far if I got it right. I think carriers and industrial caps/t2-freighters use some of the same BPOs/parts also. So why not just add them to the list? That is if Wylker feels himself capable of this... I don't see carriers out of vogue yet but the timing for a liquidation of carrier stuff right now seems pretty bad due to the uncertainly of carrier nerfs beside the hauling issue.
T2 Freighters uses T2 capital components.
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2007.11.21 16:46:00 -
[381]
Originally by: Veronique deEstelle Ah... at last some constructive discussion and Wylker back^^ A lot of efford was put in these IPO so far if I got it right. I think carriers and industrial caps/t2-freighters use some of the same BPOs/parts also. So why not just add them to the list? That is if Wylker feels himself capable of this... I don't see carriers out of vogue yet but the timing for a liquidation of carrier stuff right now seems pretty bad due to the uncertainly of carrier nerfs beside the hauling issue.
I wish I had your optimism. I would think that the majority of Carrier's are used for transportation and for fueling POS. Now carrier's don't die every day so it is probable that although the market has slowed down, the market will be saturated by people getting rid of carrier's and cashing in on Rorqual's or jump freighter's. Jumo Freighters themselves are primarily made of T2 capital component's, it would be simpler for Wylker to source himself a freighter builder and request the additional components for them (a small quantity) from the same supplier.
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Fitz VonHeise
The New Order. United Connection's
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Posted - 2007.11.21 17:20:00 -
[382]
Originally by: Wylker You should probably put me on your arbitrary list then. If you read this thread, what you are "demanding" (lol) is a possibility, but not at all a certainty.
Not at all. The point of my post was that you had not posted anything and people were suspecting your IPO to become a scam after the fact. If the vote is to liquidate assets and you return all money's raised from the sale then there will be no scam committed.
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.21 19:18:00 -
[383]
The vote is up guys. Think long and hard about where you want this to go and then vote. I still have no involvement in this at this point, just want to make sure everyone gets their votes in.
WWW.EVE-BANK.NET
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Kitex
Blacktag Test Labs
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Posted - 2007.11.22 05:22:00 -
[384]
Hopefully it's not too tacky to do a little last minute campaigning, because I'm going to do it anyway.
These are the options of the vote thats up now (right click the listing for PSI on your shares tab - select "Votes"):
Option 1. Continue trying to make Carrier/MS production work. Option 2. Switch to T2 Freighters, Rorquals, and new T2 ship production. Option 3. Liquidate and return as much isk as possible.
After pondering the above choices, I came up with a couple of campaign slogans:
1. Stop the hate - liquidate! 2. Vote like me, Option 3! 3. If the glove don't fit, you must acquit! I suppose this one doesn't really apply here.
My thoughts on each option:
Option 1 is clearly the fool's choice. Please don't pick it.
The basic concept of option 2 has been debated considerably in this forum and others, mostly with no connection to the PSI thread. General consensus (largely speculative, admittedly) is that the market for T2 freighters and new T2 ships is going to burn hot for a period of a few weeks or a month, then peter out as surely as the current cap ship market has. Sustainable 15% profits in this arena are a pipe dream even under expert management. A vote for option 2 amounts to acceptance of a consistently (and perhaps substantially) lower rate of return than the plan you originally bought into, as unrealistic as that original ROI may have been.
Option 3. Cue butterflies and soothing music. This is likely our only near-term opportunity for recovery of this investment, folks. Please do not forget that prior to Wylker's reemergence with his post of two days ago, popular opinion was that we'd been scammed out of 40b isk. Please do not forget that in the 2+ months since PSI sold it's final shares, and the 5 months since it was originally opened to investment, PSI has paid nothing, and lost value. Some of that is certainly due to the dog that the capship market has become. I won't debate that. But I do absolutely contend that a more attentive, interested IPO manager would have found other methods of capitalization for funds that were doing nothing but sitting stagnant.
My advice to investors is to vote for liquidation, so we can move on. With apologies for being blunt, Wylker's performance and communication have been extremely poor, and we just don't know when he's going to lose interest again.
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Calgorac
The Arrow Project Morsus Mihi
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Posted - 2007.11.24 03:34:00 -
[385]
ttt
Latest News |

Erisia Hegemon
Pyrrhus Sicarii The Church.
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Posted - 2007.11.24 08:48:00 -
[386]
Originally by: Calgorac ttt
Jesus, you're the biggest spammer I've ever seen on these boards. I hope the mods ban you.
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.24 08:52:00 -
[387]
Originally by: Erisia Hegemon
Originally by: Calgorac ttt
Jesus, you're the biggest spammer I've ever seen on these boards. I hope the mods ban you.
me2. And i hope the door will hit him on the way out.
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Ezoran DuBlaidd
Rivers Enterprises Power Corrupts Industry's
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Posted - 2007.11.24 13:58:00 -
[388]
Originally by: Kitex
My advice to investors is to vote for liquidation, so we can move on. With apologies for being blunt, Wylker's performance and communication have been extremely poor, and we just don't know when he's going to lose interest again.
devil's advocate here; but, he might eve might keep his interest for the next year +, and he go on to start several more ventures (perhaps all at once) and become a big time poster on eve-o.
you never know what the future holds.
solid liquid |

Kazuo Ishiguro
House of Marbles Zzz
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Posted - 2007.11.24 14:28:00 -
[389]
I've voted for #2 with 155 shares. I prefer to roll the dice and see where they end up... My research services Spreadsheets: Top speed calculation - Halo Implant stats |

Kitex
Blacktag Test Labs
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Posted - 2007.11.24 20:47:00 -
[390]
Originally by: Ezoran DuBlaidd
devil's advocate here; but, he might eve might keep his interest for the next year +, and he go on to start several more ventures (perhaps all at once) and become a big time poster on eve-o.
you never know what the future holds.
He also might develop a passion for intricate calligraphy and hand-sewing hot air balloons, but I'm guessing probably not.
Originally by: Kazuo Ishiguro I've voted for #2 with 155 shares. I prefer to roll the dice and see where they end up...
I find myself both disappointed and relieved that you hold more shares than I do. Disappointed in that your vote cancels mine 3 times, and encouraged that I don't have as much to lose in this as some do.
Personally, I'm not much of a gambler. When I do gamble, I like to get up and leave the table when I'm getting a bad vibe from the dealer. Wylker's been dealing a lot of 16's thus far.
Essentially, if Wylker had honored his buyback promise this would all be a moot point, as anyone who is voting to liquidate would already have sold off their voting shares. I'm in this position, and voting the way I am, because that promise wasn't honored, and shows no signs of being honored anytime soon.
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