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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 01:09:00 -
[1]
Sorry guys, I should have thought of that. Yes, EBANK Ricdic is my banker alt. Went home from work sick last night, was meant to meet up with La Vista, but was so buggered that I crashed on the couch watching Lion King with my 19 month old son
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 01:13:00 -
[2]
Originally by: Ionia N Did C-R-A shareholders vote in favour of this merger of sorts and letting an outside party have access to their isk?
Yes the vote was shown as favourable.
However, you need to be aware, that C-R-A isk is never in the possession of LaVista. I guess the only way LaVista could try and hijack C-R-A would be to use all the lab slots to clog them up. His hangar and wallet access will be limited to those he needs to handle this venture.
He will not have access to C-R-A isk or assets. I allowed him access to some of my personal assets as a test, and it wasn't so much as touched, but it was never C-R-A assets he was in control of.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 01:14:00 -
[3]
Originally by: Nyphur It would be good if ricdic replied with his main. Replying with a new character doesn't show that it's him, it only shows that it's a new character.
Yarr 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 04:48:00 -
[4]
Originally by: Nyphur
Originally by: Ricdic
Originally by: Nyphur It would be good if ricdic replied with his main. Replying with a new character doesn't show that it's him, it only shows that it's a new character.
Yarr 
yarr indeed :). Sorry to be so picky, I get a bit paranoid even if I'm not investing.
No probs. Sorry I didn't fix that up sooner, this damned bug was insane. All cleared up now though, so I stupidly went back into the office today 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 15:54:00 -
[5]
Quick Update:
I currently have 1 Thanatos BPO in a corp hangar that LaVista has query access too. This bpo is currently under lockdown vote with C-R-A. Until the lockdown is placed, I am the only one with access too this BPO. Once the lockdown has completed, only a shareholder vote will release it from the corporate hangar.
I am waiting on the 1 Chimera BPO to be placed into the corp hangar so this too can udnergo the corporate vote. I believe this is currently tied up in production or research, but will be locked down as soon as I get my hands on it (may not be for a week if not before my holiday)
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 16:48:00 -
[6]
Thanks for your post. For the record, I am currently in charge of approximately 15b of my own investors funds. This is after almost 1 year of proven results, and years in the game. There are others in-game (cough-nyphur) who have been in the IPO game for far less time, and are offering IPO's without securities for funds closer to 80b+.
What makes you more trustworthy than me? Not trying to be harsh, but I just don't see why you think I cannot be trusted with more than the 15b or so worth of investor funds I currently hold.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 17:12:00 -
[7]
Sure, public assets I am in possession of:
C-R-A > 10b (it is 15b, but 5b was my personal funds from inception) C-P-H > 5.8b or so (currently in liquidation, and people like Caroglac and a few others can attest to my paying them out thus far with mainly the sizable EMFI stake to payout)
Customers of C-R-A with their BPO's in my possession (not counting LaVista) = Approx 600m
La Vista bpo's in my possession. Currently the 1 above, valued at approx 1.2b and currently being locked down in a C-R-A vote
Total Value = 17.6b.
Now, just when C-R-A and C-P-H were in full force, the total was 20b. So if anything, the level of public assets in my possession has dropped a decent amount.
The bank idea I had, would not be without stringent security measures as mentioned in my post in that thread. And it hasn't reached conception yet, and may not for a few weeks to come (if ever).
I haven't endorsed anyone but LaVista's IPO as I have a partial control on security. I gave BlueDice the thumbs up for his capital ship issue, but have posted in his thread that I hold no security over his operation. This may be where you thought I was security on both.
Should clear things up a bit. I am not trying to force people to think I am trustworthy, mainly just state the facts. Cheers (I don't expect you to invest just because I explained a few things btw) 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 17:18:00 -
[8]
Originally by: Nyphur
If he isn't in reach of most or all of the public assets in your IPO, that means he can't guarantee their safe return should something happen. This makes his position as trustee ineffective.
Basically La Vista (once it all gets up and running) will be in hard possession of approximately 3-4b worth of stock at any one time. This will include his freighter, enough materials for 1-2 ships, and obviously the end product that he will resell.
The main things I will be in control of, will be the BPO's and materials. Whilst it may only reach 70-85% of the full value of his IPO, I think a partial security is better than none at all. At least I can give people something back in the event of scam, rather than nothing.
I do believe that LaVista is trustworthy with this level of isk, probably more, but I think everyone needs to have trust built from a foundation, so he understands the way this needs to go. Assuming he reached his full 20b goal, he wouldn't need any more than approx 4b worth of assets at any one time to do what he needs too (pick up materials from other stations, deliver completed ships etc).
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.15 17:47:00 -
[9]
Ultimately, I will be in possession of all assets that don't need to be held in hand. So bpo's should all be in the corp hangar, as well as materials for advanced purchases etc.
The IPO is currently in it's infancy and only a small amount of funds have been invested, so as those funds are used purchasing assets, the 'security kitty' is increased to compensate.
This might be where the confusion is, I would expect to be able to liquidate this IPO if all went pearshaped, to a value of all minus freighter+1*carrier+1*load of mats.
There should be no need for La Vista to be holding more than this at any one time, which totals approximately 4 billion isk.
Hope this clears things up.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.21 05:42:00 -
[10]
Originally by: Aaron Mirrorsaver Edited by: Aaron Mirrorsaver on 21/07/2007 03:56:54 there needs to be game mechanics written specifically, to make these types of investment secure. so that they can be enjoyed to the fullest and grow to their fullest potential.
Agreed, but we can only work with the tools we have available. So until such a time where ways to secure ones operation is possible, then the players need to self-govern things as much as possible
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.07.21 15:35:00 -
[11]
Originally by: LaVista Vista I wanna thank everybody for making this possible
No-one told me the golden globe was tonight!
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.08.10 16:11:00 -
[12]
We should also be organising one more big bpo for lockdown at which point I will advise on the locked down assets, and their total npc value compared to the number of shares currently sold.
I will report on this when done, hopefully in the next 24h
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.08.10 18:14:00 -
[13]
Or he can leave it in it's current form and only change the system if it begins getting abused. Worst case, he drops the buyback offer to 90% so that way no-one can profit from the dividend day, but this restricts existing customers, so I definetly think it should be left as is and only fixed if it is exploited.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.17 21:44:00 -
[14]
Originally by: Miss Fiona THIS IS A SCAM DO NOT INVEST.
Kinda funny how when General Starscream didn't get his way he also done the same thing, calling everyone around him scammers and using caps.
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