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Kitex
Blacktag Test Labs
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Posted - 2007.11.25 18:22:00 -
[391]
The results are in!
- Continue trying to make Carrier/MS production work. 83.0097491876 % (83.0097491876/100.0)
- Switch to T2 Freighters, Rorquals, and new T2 ship production. 5.84117990167 % (5.84117990167/100.0)
- Liquidate and return as much isk as possible. 11.1490709108 % (11.1490709108/100.0)
My reaction was disbelief.
No escape. 
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.25 18:26:00 -
[392]
That seems unreal.
Did you vote, Wylker?
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May Shiko
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Posted - 2007.11.25 18:47:00 -
[393]
Well if these results are genuine and accurate, it's a factual representation that at this point in time, less than 20% of share holders would immediately effect a buyback even at a loss.
So I say, with this information in hand, either redo the vote and hand Wylker's shares over to a 3rd party like Chribba (so that there are no questsions asked about the authenticity of Wylker allowing shareholders to decide what to do with their money) or effect the originally planned buyback immediately.
For clarification, I represent the ownership of at least one share in this IPO (it's actually several hundred) and I will not disclose my share brokerage alt for privacy concerns as it holds and acts as a broker for friends who want to remain private.
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2007.11.25 18:50:00 -
[394]
Even subtracting the 51% Wylker owns, it is evident that liquidation lost
Originally by: N1fty So what your really trying to get at is that the universe is in fact Emo?
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Kitex
Blacktag Test Labs
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Posted - 2007.11.25 19:02:00 -
[395]
In actuality, he controls and has the ability to vote with 66% of total shares. 2000 legitimate shares probably held by Wylker, and 6001 unpurchased shares probably held by his alt, Researchi.
Considering the number of actual shareholders who wouldn't have bothered to vote, the loss of the liquidation option isn't so clear as you would think.
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.25 19:03:00 -
[396]
Also, if im not mistaken, a good percentage would be in the hands of his corp mates, who also bought into this.
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Shadarle
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Posted - 2007.11.25 19:11:00 -
[397]

Just when I thought the fireworks were over.
The vote just makes it clear that a buyback should be offered... as very few people would take it up apparently. Right Wylker? Unless you fixed that vote somehow, you would have very little to lose in offering a buyback... but you would build up a LOT more trust in doing so.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.25 19:20:00 -
[398]
Yeh I don't think a screenshot is too much to ask for at this point. Or a revote as suggested above with a trusted party holding those shares.
I want to see how many shares were voted with as that should give a good indication if you voted or not
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Shadarle
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Posted - 2007.11.25 19:28:00 -
[399]
Originally by: Ricdic I want to see how many shares were voted with as that should give a good indication if you voted or not
I did note that this information was not provided... found that the most telling part.
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Phoenix492
Ravenous Inc. Interstellar Starbase Syndicate
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Posted - 2007.11.25 20:00:00 -
[400]
Originally by: Ricdic Yeh I don't think a screenshot is too much to ask for at this point.
/Signed. Just for peace of mind really. Although i didn't vote (didn't know where to), i think we are owed at least a Screenie of whats going on atm :)
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cosmoray
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Posted - 2007.11.25 22:10:00 -
[401]
Some interesting maths:
Assuming that Wylker voted his share blocks (either 51 or 66%), and that no one else voted for continued prodcution, it would mean:
1. (51% Wylker share vote). That only 61% of all shares were voted 2. (66% Wylker share vote). That 79.5% of the total share holding was voted.
Of the shares that Wylker DOES NOT having voting power with it means (assuming above):
35% of people voted for other T2 production, and 65% of people voted for Liquidation.
I think option 2 looks very plausable. Wylker needs to provide screenshots or it is likely he voted with his shares.
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Minerva Vulcan
Caldari The Nexus Foundation
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Posted - 2007.11.25 22:45:00 -
[402]
This thread is getting saucy for sure. _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets. |

Lab Two
Zzz
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Posted - 2007.11.26 03:20:00 -
[403]
Edited by: Lab Two on 26/11/2007 03:22:42 This is quite simple, the plan for the IPO failed, and there for there should be a buyback of the shares. If Wylker wants to do something else, then fine, make a new IPO, because people didn't sign up with their isk for something else, they signed up for the plan you presented in the start, which has clearly failed. So lets stop beating a dead horse and close this stuff already. Or let's start calling you a scammer, because seriously, you havn't even bothered giving a single piece of evidence that this isn't a scam, taking a screenshot too hard for ya?
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Shae Laurel
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Posted - 2007.11.26 08:02:00 -
[404]
Originally by: Kitex The results are in!
- Continue trying to make Carrier/MS production work. 83.0097491876 % (83.0097491876/100.0)
- Switch to T2 Freighters, Rorquals, and new T2 ship production. 5.84117990167 % (5.84117990167/100.0)
- Liquidate and return as much isk as possible. 11.1490709108 % (11.1490709108/100.0)
My reaction was disbelief.
No escape. 
To my knowledge there are 4000 public shares, making the voting shares ratio, IF everyone voted, like this: A: 3320 shares (83%) B: 234 shares (5.84%) C: 446 shares (11.15%)
I know I voted with 100 shares on option C... what did you guys vote? Of course a scrrendump would prove better than my math here. /Shae
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Shadarle
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Posted - 2007.11.26 08:10:00 -
[405]
Originally by: Shae Laurel
Originally by: Kitex The results are in!
- Continue trying to make Carrier/MS production work. 83.0097491876 % (83.0097491876/100.0)
- Switch to T2 Freighters, Rorquals, and new T2 ship production. 5.84117990167 % (5.84117990167/100.0)
- Liquidate and return as much isk as possible. 11.1490709108 % (11.1490709108/100.0)
My reaction was disbelief.
No escape. 
To my knowledge there are 4000 public shares, making the voting shares ratio, IF everyone voted, like this: A: 3320 shares (83%) B: 234 shares (5.84%) C: 446 shares (11.15%)
I know I voted with 100 shares on option C... what did you guys vote? Of course a scrrendump would prove better than my math here. /Shae
This is actually a very good idea, if people list their # of shares and how they voted you can easily determine if Wylker voted or not. If you come close to that 446 number for C (assuming the math was right), then you know he did.
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Kitex
Blacktag Test Labs
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Posted - 2007.11.26 08:12:00 -
[406]
Originally by: Shae Laurel
To my knowledge there are 4000 public shares, making the voting shares ratio, IF everyone voted, like this: A: 3320 shares (83%) B: 234 shares (5.84%) C: 446 shares (11.15%)
I know I voted with 100 shares on option C... what did you guys vote? Of course a scrrendump would prove better than my math here. /Shae
Thanks for extrapolating that. I'd arrived at the same conclusion I think you're getting at, but hadn't bothered to do the math.
I voted C with 50 shares, and I know for certain of votes for C with 300 other shares. That puts us at 450 votes already, which would seem to establish that Wylker or someone with access to his shares did indeed vote with some or all of them.
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Shadarle
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Posted - 2007.11.26 08:20:00 -
[407]
Originally by: Kitex which would seem to establish that Wylker or someone with access to his shares did indeed vote with some or all of them.
But honestly, we already knew this... it's just the formality of trying to prove it at this stage.
I sure hope we don't get another disappearing act now...
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Kitex
Blacktag Test Labs
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Posted - 2007.11.26 08:34:00 -
[408]
For the sake of avoiding any impression of fuzzy math, I'll just stick with my own personal 50 votes, bringing the running total to 150 thus far.
I'll leave the other 300 that I know of for the actual owner to post about when they read the thread.
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Daeva Vios
PhaseShifter Technologies
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Posted - 2007.11.26 08:56:00 -
[409]
Add my 65 to that, bringing the total to 315.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.26 10:39:00 -
[410]
48 here. Voted C > Liquidation
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Dagam
GoonFleet GoonSwarm
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Posted - 2007.11.26 10:49:00 -
[411]
Hahaha you guys trusted Wylker.
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ProudGallenteCitizen
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Posted - 2007.11.26 12:45:00 -
[412]
Originally by: Dagam Hahaha you guys trusted Wylker.
You aren't doing a very good job of being a goon.
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Shinhan
Phoenix Knights Dark Nebula Galactic Empire
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Posted - 2007.11.26 13:33:00 -
[413]
Originally by: Kitex The results are in!
- Continue trying to make Carrier/MS production work. 83.0097491876 % (83.0097491876/100.0)
- Switch to T2 Freighters, Rorquals, and new T2 ship production. 5.84117990167 % (5.84117990167/100.0)
- Liquidate and return as much isk as possible. 11.1490709108 % (11.1490709108/100.0)
My reaction was disbelief. No escape. 
Are we sure there are only 4000 stocks?
After playing with these exact percentages, I can conclude that number of votes is divisible with 12001. So, there was 12001 votes, or 24002 or 36003... Because, if there was 12001 votes: 83.0097491876% of that is 9962.000000003876 5.84117990167% of that is 700.9999999994167 11.1490709108% of that is 1338.000000005108
(For a comparison, for 4000 votes this is the distribution) a) 3320.389967504 b) 233.6471960668 c) 445.962836432
Most likely there is 12001 shares (with the 12001. vote being some kind of control vote) in which case 1338 shares voted for liquidation.
-- Selling apples, 1 signature each. ѼѼѼѼѼѼѼ |

Richard Kitan
United Space Republic Research
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Posted - 2007.11.26 13:49:00 -
[414]
Voted C, only 15 shares --
Richard Kitan Builder of Stuff |

May Shiko
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Posted - 2007.11.26 14:20:00 -
[415]
Again, I would like to state my interest in either a screenshot confirming the authenticity of this vote or the implementation of an immediate buyback.
I will vouch for 300 shares having voted for option C, however as I will not divulge the names with which those shares are held on, take this with a grain of salt.
We've either got a doctored vote, or factual representation that a buyback can be implemented without causing serious/undue harm to the failed IPO's operational wallet.
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ProudGallenteCitizen
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Posted - 2007.11.26 15:17:00 -
[416]
Even if just 5% of shares voted for an immediate liquidation you should implement a buyback policy.
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Shuan Jedai
Eve University Ivy League
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Posted - 2007.11.26 15:46:00 -
[417]
Funny though how no-one who voted for A has come forward.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2007.11.26 17:02:00 -
[418]
Looks to me like two things are rather obvious:
1. Wylker voted with his own shares, 2. Even discounting his own shares, option A. won the vote.
I'd guess the votes (other than his own) for option A came from his friends/corp/alliance mates who don't read this forum - and hence won't be replying.
IF #1 above is the case then it clearly makes hm unfit to run a company - as it would mean he lied in this thread. However, proving that #1 is the case could be pretty tricky - especially when it's also the case that he demonstrably didn't NEED to vote with his own shares to win the vote. This would make him not only dishonest but also stupid.
Precedent has already been set by LaVista that not sticking to your plans to your promised dividends is not, of itself, sufficient reason for liquidation to be compulsory: very few people here seemed to believe he should liquidate (or at least were willing to go on the record as saying so).
That leaves a voluntary buy-back. But the problem with that is that IF the shareholders have voted to continue then IF offering a buyback would cause Wylker to be unable to continue with his plan then offering such a buyback would be expressly against what the shareholders voted for.
And that's the risk when people don't insist on strictly professional behaviour from their friends: they lose the moral right to insist on it from others. I half-expect another unfortunate precedent to be set by EBank this month, but I'll hold fire on that until/unless it happens.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.26 17:56:00 -
[419]
If you feel jealous that EBANK's success far exceed's yours over a quarter of the lifespan I suggest you look into a stress ball.
But of course if you believe that random unfounded attacks are actually having a negative affect on EBANK, by all means keep it up. Obviously our statistics wouldn't show that even with interest free accounts we are growing on a daily basis. Obviously many people lack trust in my dealings, as can be seen by the 220 customers amassed over the past 60 days.
I don't epeen much but sometimes I like to put the little boys back in their place.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.26 18:06:00 -
[420]
I am sure some people may find my above post unprofessional in some way to which they are most welcome to request a withdrawal from their EBANK account. Of course, EBANK have or had no ownership with PSI at any stage ever in it's lifespan, so it's mention in relation to this corporation is questionable at best.
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