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Dark Shikari
Caldari
Imperium Technologies
Firmus Ixion
   |
Posted - 2007.07.10 17:31:00 -
[31]
If AATP is liquidated, it should be done slowly and carefully to maximize investor gain.
If it is kept, I would be willing to volunteer to run it as long as no production is involved. If production is involved, I'd have to hire someone or charge 120m a month to the corp (not much I guess) to pay for a GTC for a second account, as I only have one (and all three slots are filled, and only Dark Shikari has production skills for T2).
I have 1 million shares in AATP; probably more than anyone else in EVE, and so I have a great interest in AATP's success.
23 Member
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Ray McCormack
BIG
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Posted - 2007.07.10 17:46:00 -
[32]
 Originally by: Dark Shikari
If it is kept, I would be willing to volunteer to run it as long as no production is involved.
Seeing as H-TI will do the production it appears to just be a case of paying out dividends once a month. Capital gains will be done within H-TI. Ultimately AATP is simply a public stake in x% of H-TI (9k shares out of unknown).
| Free Research On BS BPOs | BMBE ISK Loans | |
Dark Shikari
Caldari
Imperium Technologies
Firmus Ixion
|
Posted - 2007.07.10 17:54:00 -
[33]
Originally by: Ray McCormack
Originally by: Dark Shikari
If it is kept, I would be willing to volunteer to run it as long as no production is involved.
Seeing as H-TI will do the production it appears to just be a case of paying out dividends once a month. Capital gains will be done within H-TI. Ultimately AATP is simply a public stake in x% of H-TI (9k shares out of unknown).
Seems simple enough.
Assuming that it is nothing more than accounting and dividends and such (and as long as it doesn't change to anything more complicated), I would be willing to do it for free (no payment other than the dividends to my own shares).
23 Member
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Ionia
Advanced Manufacturing
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Posted - 2007.07.10 18:19:00 -
[34]
Naph, I respect your decision to stick to the charter, but when investors signed up they werent bargaining for a long absence. I am pretty sure your charter doesnt provide for that.
I think you should at least do a shareholder vote to see if they want the venture(s) to continue or not, if the majority don't want to, I think it is only fair that you then shut them down.
Just my 0.02
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Baun
4S Corporation
Morsus Mihi
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Posted - 2007.07.10 18:40:00 -
[35]
I understand that EMFI is under base nav because of ISS and BMBE.
Can anyone explain to me where the AATP profits are? Is that whats in the wallet?
Any reason why those won't be distributed immediately upon management change?
The Enemy's Gate is Down
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Kim McCormack
BIG Research and Manufacturing
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Posted - 2007.07.10 18:44:00 -
[36]
AATP != EMFI.
AATP profits are within H-TI atm, as well as STUFF. March, April, May and June need to be dividend out at the beginning of July.
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Shiva Shakti
Gallente
Hi-Tech Industries
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Posted - 2007.07.10 18:48:00 -
[37]
Well looks like the thread has burst into life, very dynamic stuff.
Lots to mention.
To: EMFI Manager...good to hear from you and glad RL hasn't got to you too much and you drop us a line :)
Thanks for some of the share ownership numbers, I had worked quite a lot out the hard way (working out dividends per share/dividend payment etc), but didn't know some of the holdings (as they weren't paying dividends recently). As a result I have a better view of NAV.
If access for mesmerism could be arranged to finish audit/ get involved with keeping it going then that would be great :)
To: Ionia... Many good ideas there.
As it happens I have completed a draft audit based on the last 2 months dividend payments and EMFI is looking quite healthy i.e all assets seem to be in place and NAV has increased above figures stated in this thread.
Options going forward should of course be based on this evidence/shareholder input, and I like the second option of keeping EMFI running as a static fund and appoint a caretaker to distribute dividends monthly, or other ideas mentioned like buybacks etc. NAV has improved a fair amount and therefore buybacks will be higher
For the benefit of shareholders all evidence of wallet movements, dividends received, share ownership and a portfolio of NAV will be made public and portfolios produced monthly. This depends upon getting some form of access sorted, hopefully when Naph can log in.
To: Dark Shikari...Zzazzt's alt and the CEO Wolf Steinerdavion have production almost running 24/7 and H-TI should be able to continue with this although an extra pair of production hands/ investment community representative would probably be welcome as well. AATP monthly dividends have averaged 2.8billion as an estimate, but I'm sure the H-TI CEO is open to options what to do with assets etc
To: Ray McCormack...There are 27,000 H-TI shares of which AATP owns 33%
Wow...hope this helps
Visit the EvE Galactic Stock Exchange in game or out |
Motivated Prophet
Zerodot Schools
Power Corrupts Industry's
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Posted - 2007.07.10 18:51:00 -
[38]
Originally by: Shiva Shakti
My alt (Mesmerism) has been in EMFI for almost a year. He was the external auditor for IPOs that EMFI considered investing in (like zero.), but as he has not done any investing for ages so my skills were not required (therefore the account stagnated). I will reactivate this account if people here think it would be a good idea for me to run for CEO and take over the work.
Others seem to trust you, so I will defer to their judgment, but EMFI did not put an alt in ZERO..
MP
--
Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression! |
Shiva Shakti
Gallente
Hi-Tech Industries
|
Posted - 2007.07.10 18:53:00 -
[39]
Originally by: Kim McCormack
AATP != EMFI.
AATP profits are within H-TI atm, as well as STUFF. March, April, May and June need to be dividend out at the beginning of July.
Not quite...AATP profits have been paid by H-TI at a rate of over 2.5 billion a month. The AATP profits are still in AATP, EMFI's profit levels were heavily supported by AATP payouts as last AATP dividend to EMFI was 926,454,311.58 isk on 12 April.
Obviously if AATP pays out dividends EMFI could be looking quite rosy. Will share any other info as I find it
Visit the EvE Galactic Stock Exchange in game or out |
Kim McCormack
BIG Research and Manufacturing
|
Posted - 2007.07.10 18:56:00 -
[40]
Originally by: Motivated Prophet
Others seem to trust you, so I will defer to their judgment, but EMFI did not put an alt in ZERO
Why would you need to when the main's an alt anyway?
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Kim McCormack
BIG Research and Manufacturing
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Posted - 2007.07.10 18:58:00 -
[41]
Originally by: Shiva Shakti
last AATP dividend to EMFI was 926,454,311.58 isk on 12 April.
Was that a dividend through the share system? I didn't check in-game at the time, but I'm sure the last AATP dividend was in March.
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SonOfAGhost
Minmatar Munitions and Tactical Assets Repository
Zzz
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Posted - 2007.07.10 19:05:00 -
[42]
Edited by: SonOfAGhost on 10/07/2007 19:06:46
nm, thread is moving faster than I am.
/me goes for a fresh coffee so he can keep up
Lag? GTFOOJ! |
SonOfAGhost
Minmatar Munitions and Tactical Assets Repository
Zzz
|
Posted - 2007.07.10 19:13:00 -
[43]
Originally by: Kim McCormack
Originally by: Shiva Shakti
last AATP dividend to EMFI was 926,454,311.58 isk on 12 April.
Was that a dividend through the share system? I didn't check in-game at the time, but I'm sure the last AATP dividend was in March.
I got 4 payments from AATP on April 12th. You're possibly thinking in terms of that was the dividend FOR March.
Lag? GTFOOJ! |
EMFI AATP
Advanced Astrological Technology Production
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Posted - 2007.07.10 19:19:00 -
[44]
As for AATPs Assets...
They are 4fold:
1) Stuff shares (backed by isk in STUFF that DS should return to HT and STUFF on liquidation of STUFF)
2) Corp Wallet (filled by HT dividend payments, not 100% sure how much + a few 100mil in change
3) HT shares (those 9k out fo 27k)
4) Capital (about 20b+ isk that should be used as assets/working capital to make profit, not to be distributed)
Hope this clears things up :)
AATP Homepage |
EMFI AATP
Advanced Astrological Technology Production
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Posted - 2007.07.10 19:21:00 -
[45]
Edited by: EMFI AATP on 10/07/2007 19:22:26
As to DS question..
To take over AATP need to do 2 things:
1) pay out dividends that come in from HT (and stuff)
2) make the remaining capital (20b+) work for you... (ideally with T2/T3 production and/or invention as per charter)
Alternatively, those 20b could be paid as dividends as well.. but that would suggest a trading freeze on the shares for a week before and after and clear communication that baseNAV is 75b instead of 95b after the 20b capital release.
Regards!
Oh as for the GTC, there is 10% of profit reserved for CEO for exactly those things, should allow for GTC + extras :)
AATP Homepage |
Ray McCormack
BIG
|
Posted - 2007.07.10 19:31:00 -
[46]
Originally by: EMFI AATP
2) make the remaining capital (20b+) work for you... (ideally with T2/T3 production and/or invention as per charter)
As I understand it we will still see capital growth on the shares. Is this still the case? Quote:
3) Capital Retention will happen in H-T industries and no longer in AATP
If so, would HT-I be willing to sell further shares for this 20b, or put in 40b itself to purchase 60b worth of BPOs? If neither of those are the case then releasing this excess capital is the only way to keep an already complicated situation simple.
| Free Research On BS BPOs | BMBE ISK Loans | |
Dark Shikari
Caldari
Imperium Technologies
Firmus Ixion
|
Posted - 2007.07.10 19:35:00 -
[47]
Originally by: EMFI AATP
1) Stuff shares (backed by isk in STUFF that DS should return to HT and STUFF on liquidation of STUFF)
These are roughly 10 million each, slightly more I think. Current STUFF ISK is about 14.3b and there's a bit more in terms of stuff that still needs to be sold. If, by the time this is settled there is still stuff to sell I'll hold a firesale on the last bit.
Originally by: EMFI AATP
As to DS question..
To take over AATP need to do 2 things:
1) pay out dividends that come in from HT (and stuff)
Well that's easy.
Originally by: EMFI AATP
2) make the remaining capital (20b+) work for you... (ideally with T2/T3 production and/or invention as per charter)
Alternatively, those 20b could be paid as dividends as well.. but that would suggest a trading freeze on the shares for a week before and after and clear communication that baseNAV is 75b instead of 95b after the 20b capital release.
Regards!
Oh as for the GTC, there is 10% of profit reserved for CEO for exactly those things, should allow for GTC + extras :)
A good idea, I would probably hold a vote on whether to dividend the capital or to use it.
I'm not sure exactly what I would use it for, but there's always ideas  T1 production perhaps, or having some outsourced invention work since I don't have the skills.
23 Member
EVE Video makers: save EVE-files bandwidth! Use the H.264 AutoEncoder! |
Motivated Prophet
Zerodot Schools
Power Corrupts Industry's
|
Posted - 2007.07.11 17:25:00 -
[48]
Edited by: Motivated Prophet on 11/07/2007 17:25:14
You can work it out kind of painfully from the numbers I publish, but I don't think I explicitly put this number out there. The NAV per share for ZERO. is 1,026.18 isk right now (well, okay, technically, as of the most recent dividend). So that's almost 59m extra "book isk" for EMFI.
MP
Edit:s/paintfully/painfully/;
--
Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression! |
Ray McCormack
BIG
|
Posted - 2007.07.11 17:49:00 -
[49]
Originally by: Motivated Prophet
You can work it out kind of painfully from the numbers I publish, but I don't think I explicitly put this number out there. The NAV per share for ZERO. is 1,026.18 isk right now (well, okay, technically, as of the most recent dividend). So that's almost 59m extra "book isk" for EMFI.
Whereas valuing the ZERO. shares at current market price paints a completely different picture.
| Researched BS BPOs | BMBE ISK Loans | |
Aeaea
XanoTech
|
Posted - 2007.07.11 20:18:00 -
[50]
Originally by: EMFI AATP
Edited by: EMFI AATP on 10/07/2007 19:22:26
As to DS question..
To take over AATP need to do 2 things:
1) pay out dividends that come in from HT (and stuff)
2) make the remaining capital (20b+) work for you... (ideally with T2/T3 production and/or invention as per charter)
Alternatively, those 20b could be paid as dividends as well.. but that would suggest a trading freeze on the shares for a week before and after and clear communication that baseNAV is 75b instead of 95b after the 20b capital release.
Regards!
Oh as for the GTC, there is 10% of profit reserved for CEO for exactly those things, should allow for GTC + extras :)
For a complete turn around of events, I would be willing (provided more information is given) to help manage (even run as the CEO) of EMFI / AATP for at least the next year.
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SiJira
|
Posted - 2007.07.11 22:02:00 -
[51]
Originally by: Aeaea
Originally by: EMFI AATP
Edited by: EMFI AATP on 10/07/2007 19:22:26
As to DS question..
To take over AATP need to do 2 things:
1) pay out dividends that come in from HT (and stuff)
2) make the remaining capital (20b+) work for you... (ideally with T2/T3 production and/or invention as per charter)
Alternatively, those 20b could be paid as dividends as well.. but that would suggest a trading freeze on the shares for a week before and after and clear communication that baseNAV is 75b instead of 95b after the 20b capital release.
Regards!
Oh as for the GTC, there is 10% of profit reserved for CEO for exactly those things, should allow for GTC + extras :)
For a complete turn around of events, I would be willing (provided more information is given) to help manage (even run as the CEO) of EMFI / AATP for at least the next year.
and who are you?
____ __ ________
_sig below_
the jet cans are made so that people that dont mine can get free ore
miners ritually donate the ore to anyone wishing to take some |
Ray McCormack
BIG
|
Posted - 2007.07.11 22:15:00 -
[52]
Originally by: SiJira
and who are you?
His name and corp are clearly displayed beneath his portrait. Apart from that researching the history on AATP or even checking his BIO in-game would help.
Originally by: BIO
Xanotech has been merged with AATP, please contact EMFI AATP for additional information, please read the following thread :
http://oldforums.eveonline.com/?a=topic&threadID=418550
[Out of Game]
| Researched BS BPOs | BMBE ISK Loans | |
Ray McCormack
hirr
|
Posted - 2007.07.30 17:08:00 -
[53]
1) Shiva Shakti is looking to gain the position of CEO in EMFI.
1.1) There is already an alt in EMFI belonging to Shiva.
1.2) This needs to be made CEO.
2) Dark Shikari is looking to gain the position of CEO in AATP.
2.1) DS has applied to AATP with his old STUFF alt, Yukari Tanizaki.
2.2) Yukari needs to be accepted and made CEO.
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Baun
4S Corporation
Morsus Mihi
|
Posted - 2007.07.30 17:16:00 -
[54]
A current asset, wallet and management summary in a new post would be great.
Not really pressing assuming that the BPOs are still being used to make isk, but I am sure most people in the threat would appreciate it.
The Enemy's Gate is Down
|
Dark Shikari
Caldari
Imperium Technologies
Firmus Ixion
|
Posted - 2007.07.30 17:17:00 -
[55]
Originally by: Ray McCormack
2) Dark Shikari is looking to gain the position of CEO in AATP.
2.1) DS has applied to AATP with his old STUFF alt, Yukari Tanizaki.
2.2) Yukari needs to be accepted and made CEO.
Correction: I'm not applying for a few days, as I'm going to have to liquidate STUFF (since Yukari is the CEO) before Yukari joins.
23 Member
EVE Video makers: save EVE-files bandwidth! Use the H.264 AutoEncoder! |
Sordea Mampo
|
Posted - 2007.08.03 19:24:00 -
[56]
Any news?
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Imperius Blackheart
Caldari
Trinity Nova
KIA Alliance
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Posted - 2007.08.09 22:35:00 -
[57]
I'm really curious how this is gonna end up, any updates from those in the know?
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Ray McCormack
hirr
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Posted - 2007.08.09 22:43:00 -
[58]
Shiva is waiting for Naph to do a handover, but has plans in place to speed this up if things start taking too long.
DS is waiting to shut down STUFF, and will then apply to join AATP. After that we wait on Naph to accept him and handover CEOship. There may be other methods of doing this if things start taking too long.
So things are proceeding, if just a little slowly.
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EMFi Manager
EvE Mutual Fund Inc.
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Posted - 2007.08.10 10:46:00 -
[59]
Things still under control.. should be settled this weekend if stuff liquidation is succesful.. also... for a clean handover the account with stuff should be settled (among HT/AATP/STUFF/Others)
Cheers
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Femintaki
Gallente
Black Nova Corp
Band of Brothers
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Posted - 2007.08.10 14:16:00 -
[60]
Just to add that my alt is still in EMFI corp as a trustee. I can state that EMFI Manager (Naphtalia) ran EMFI completely 100% legitimately at all times.
To my mind, EMFI has been a model of honesty in a difficult area of gameplay and Naphtalia should be justly proud of his handling of this.
I do not know Shiva well - other than Naphtalia telling me he/she is trustworthy I cannot speak for them.
DS is in my opinion completely trustworthy - he was a model CEO of S.T.U.F.F and ran it above board at all times.
Once the CEO moves are resolved - I will either remain as a trustee (if so asked) - or will step down if people feel that is appropriate.
Love
Fem
Quote:
Do or do not - there is no try!
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