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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 01:53:00 -
[1]
Ki Tech Industries Open-Ended Bond Offering
Ki Tech Industries is looking to raise between 1.0 and 2.5 billion ISK for a mid-term capital infusion. I will be offering an interest rate of 2.5% per week. The bonds will have an open term. I would like to repay them as soon as possible to minimize my interest costs. I expect to begin buy-back of the bonds by December at the latest, and I expect that the actual repayment will take between one and two months.
Details of Implementation
-KITI Bond 2007-09 was created as a bond/share issuing shell-corp. -KITI Bond 2007-09 has 2500 shares each of which will have a base value of 1,000,000 ISK -The initial offering will run from 2007-09-01 through 2007-09-07, during which time shares maybe purchased at 1,000,000 ISK per unit. -After the initial offering, if there are any remaining shares, they may be purchased for 1,025,000 ISK per unit. -ISK must be sent to the corporation (not to the CEO) when purchasing stocks. -Purchase requests may be made in [url= http://oldforums.eveonline.com/?a=topic&threadID=585610]this thread[/url] to avoid clutter in the Market Discussion forum. -A dividend of 2.5% (25,000 ISK per share or 62,500,000 ISK total ) will be issued each Saturday, starting on 2007-09-14. -Buy-back will be handled through dividends: an additional payout will be made and the base value of the stock units will be decreased accordingly. -Current stock value and interest information will be maintained in the corporationÆs description. -At the end of the buy-back phase the original purchase price will have been paid back through dividends and the shell corporation will be closed.
Originally by: CCP Prism X P.S. If you think you're reading some information through the lines here, you're wrong. I'm actually just bored.
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Matalino
Gallente Ki Tech Industries
|
Posted - 2007.08.31 01:54:00 -
[2]
Business Plan
Ki Tech Industries is a corporation made up entirely of my alts. Currently I am building up my income of data cores, both for resale and invention. This requires me to spend most of my in-game time running level 2 and 3 missions instead of engaging in activities that provide a greater short-term profit. At the same time I am developing several characters for both industry and combat, this requires a steady income for skills, implants and GTCÆs.
I could delay my long-term payoffs by focusing on activities that provide short-term gains to meet those needs. Alternatively, I have decided to see if I could meet those needs through issuing a bond. I expect that my standings and skill training targets should take no more than two months to gain for all of those characters, at which point I can return to activities that provide more immediate profits. Give an extra month or so to begin to reap the rewards from both the data core supply and from my regular activities and repayment will begin with the fastest rate that I can reasonably sustain.
If there is negligible interest in this bond during the initial offering, investors will be refunded in full and no interest payments will be made. I will then raise the ISK myself. If there is a moderate response, the bond will remain open as described above. Latecomers will pay a surcharge equal to the upcoming dividend for that week. This is done so that I am not exploited into paying interest on ISK that I have held for less than one week.
Background
This character (Matalino) is my original main, Ki Tarra is my secondary main. I have several other accounts, but their characters are younger and have no public image, reputation, or involvement. I have been playing since May 2006. I have made an effort to be helpful on the forums, particularly in the New User Q&A forum. Otherwise I have generally kept to myself in-game. I did enjoy a short time in the TraderÆs Academy, but as that corp was rather loosely bound, I will not ask any of them to vouch for me.
Another aim of this bond offering is to test and build my reputation within the community. The repayment of this bond is not dependant on the success or failure of my data core harvesting side business. Independently I am capable of repaying this bond. Both Matalino and Ki Tarra are fully capable of soloing level 4 missions. I have two more characters that will be able to do the same within a month. I have four Hulk capable characters and more still in training. I have made a moderate income (only a few billion) in trading/manufacturing various commodities in the past. I would consider myself to be fully self-sufficient. In my mind this bond also an important way to build trust within the community. In whichever way the ISK is earned, be it through general trading, mining or mission running, I am committed to making this bond successful for the investors.
Originally by: CCP Prism X P.S. If you think you're reading some information through the lines here, you're wrong. I'm actually just bored.
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.08.31 01:54:00 -
[3]
Post to confirm that Ki Tarra is an alt of Matalino as claimed above.
Quote: No misfortune is so bad that whining about it won't make it worse
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 01:55:00 -
[4]
Edited by: Matalino on 31/08/2007 01:54:52 Reserved
Originally by: CCP Prism X P.S. If you think you're reading some information through the lines here, you're wrong. I'm actually just bored.
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 01:55:00 -
[5]
Edited by: Matalino on 31/08/2007 01:55:30 Resvered
Originally by: CCP Prism X P.S. If you think you're reading some information through the lines here, you're wrong. I'm actually just bored.
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Ki Bond
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Posted - 2007.08.31 01:56:00 -
[6]
Post to confirm that KITI Bond 2007-09 is a wholly owned subsidiary of Ki Tech Industries.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.08.31 07:29:00 -
[7]
Edited by: Ricdic on 31/08/2007 07:29:44 I read your business plan a few times and still can't figure out what it is you are planning to do? You mention datacores, mission running, invention and mining. I am assuming the bond will just be used for various things and you will generate the profit by doing whatever you do in-game.
That was a question btw 
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Matalino
Gallente Ki Tech Industries
|
Posted - 2007.08.31 14:43:00 -
[8]
Basicly this is a request for a personal loan, in the form of a bond. Ki Tech Industries will not become a public company. Repayment of the bond is made on my personal gaurentee.
I currently have 8 characters. The characters are largely supported by GTC purchases made from the income of my two primary characters.
Currently I see an opportunity in data core harvesting. As such all of those characters are training the required skills.
The problem that I have is that to maximize effieciency I need to run alot of level 2 missions to ramp up their standings with the R&D corps. Level 2 missions are not very profitable time wise.
If I maximize the time spent running level 2 missions, I will get the payoff in data cores sooner, but I will not have sufficient ISK for GTC's to keep all those accounts active in the short-term. I figure that I would need approx 1 billion to get through September. Additional ISK would be useful in accellerating my progression.
If I am to continue focusing on running level 2 missions, then that ISK would need to come from outside investors.
If no-one is willing to invest than I will simply have to delay building standings and focus on trading and level 4 missions to raise that money myself.
The business plan as such (provided investors are interested) is to use the ISK raised to buy the skills required by the new characters and GTC's maintain my accounts, run the best available missions to raise standings as quickly as possible. Once the standings have been reached to maximize data core harvest, I would return to my normal opperations of trading and mission running to maximize my income and accelertate repayment of the bond beyond the extra income gained from the data core harvest.
Estimated income from the data cores would be approx 18M per character per day with current market conditions. Even if the value of datacores were to crash to 50% of current prices, I would be able to repay the bond with little more than a single month's income from the data cores.
************************** Ki Tech Industries - Bond Offer |

Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.08.31 16:59:00 -
[9]
Originally by: Matalino
-A dividend of 2.5% (25,000 ISK per share or 62,500,000 ISK total ) will be issued each Saturday, starting on 2007-09-14. -Buy-back will be handled through dividends: an additional payout will be made and the base value of the stock units will be decreased accordingly. -Current stock value and interest information will be maintained in the corporationÆs description. -At the end of the buy-back phase the original purchase price will have been paid back through dividends and the shell corporation will be closed.
Forgive me if I have misinterpreted this. But is this not saying that by the end of the buyback, we will have our original purchase price back? Wouldn't that indicate that we have provided a loan with no interest rate?
I guess what I am trying to say, is why would anyone invest if the only returns you can possibly get, is the 100% that you put in. I doubt this is the case, but this part is a bit fuzzy to me so can you clear it up please 
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 17:26:00 -
[10]
Originally by: Ricdic Forgive me if I have misinterpreted this. But is this not saying that by the end of the buyback, we will have our original purchase price back? Wouldn't that indicate that we have provided a loan with no interest rate?
I guess what I am trying to say, is why would anyone invest if the only returns you can possibly get, is the 100% that you put in. I doubt this is the case, but this part is a bit fuzzy to me so can you clear it up please 
Not quite. Interest will be paid. Let me explain using examples.
Initially every share will be worth 1,000,000 ISK. Every week there will be a dividend of 25,000 ISK per share. Once repayment begins an additional dividend will be issued. Say on the first week of repayment, I payback 10,000 ISK per share. That week's payout would be 35,000 ISK: 25,000 ISK for the interest plus 10,000 ISK for the repayment.
With that additional payment the base value of each share would be 990,000 ISK: this information would be updated on the discription of the shell corp so that anyone trading the bonds would know its value.
On next week the interest payment would be 24,750 ISK per share, as that would be 2.5% of the new (990,000 ISK) base value of the share. I would then make an additional dividend payment to continue the repayment. Say for example income is doing even better, I could repay 25,000 ISK per share, bring the base value to 965,000 and interest payment of 24,125 for the upcoming week.
All of the interest will have been paid each week. The original capital will be paid out overtime. As the fixed value of each share is decreased by repayment of the original capital, at the end of repayment the shares will have no value and can be discarded. This avoids any hassell with arranging a purchase back of the shares. All of the money is automaticly distributed. Once the full amount has been repaid, the shell corp will have served its purpose, and will be closed after its discription has been given a final update advising everyone that the shares no longer have any value.
The current value and upcoming interest payment will always be documented in the shell corp's description. Announcements of interest and repayment dividends will also be made on the forums. Dividends for interest and repayment will always be made seperately to simplify accounting. Payments will always be made weekly, and interest paid based on the value of the stock from the previous week.
************************** Ki Tech Industries - Bond Offer |

Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.08.31 18:15:00 -
[11]
Ok cool, so it's just a loan where you pay it off over time, and pay weekly interest on the remaining balance of 2.5%.
If that's right, throw me down for 400m
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Atherin Gaius
Caldari Domini Umbrus
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Posted - 2007.08.31 18:25:00 -
[12]
so if my math is right....
if i were to invest 100mil...each week I would get 2.5 mil in dividend(interest), effectively 10mil a month.
once repayment starts beginning of december I would have made 30mil on my investment plus any additional interest payments over the remaining period that there is outstanding principle remaining.
If that is the case, I'm in.
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 18:55:00 -
[13]
Originally by: Atherin Gaius so if my math is right....
if i were to invest 100mil...each week I would get 2.5 mil in dividend(interest), effectively 10mil a month.
once repayment starts beginning of december I would have made 30mil on my investment plus any additional interest payments over the remaining period that there is outstanding principle remaining.
If that is the case, I'm in.
That's correct. By December you would have already received 30mil in interest from your investment, and you would still be expecting to receive the original 100mil plus any continuing interest on that remaining balance.
Ricdic - I have confirmed transfer of the ISK through the API. However, as I am unable to log into the game from work, I will not be able to send the shares until later this evening. I expect to send out the first set of shares when I get home at approx 24:00 Eve time.
************************** Ki Tech Industries - Bond Offer |

Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.08.31 19:37:00 -
[14]
No rush, whenever you get a chance. There is always a risk in new ventures, and whilst I don't endorse this IPO, I think everyone has to start somewhere. So I wish you the best of luck, and feel free to approach me if you ever need help or advice. Oh, and make me lots and lots of iskies 
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 20:03:00 -
[15]
Originally by: Ricdic Oh, and make me lots and lots of iskies 
I will do what I can. 
Thank you for your support and encouragement.
Looking at the current balance sheet, we are already close to the reserve that I had set for myself (500M), so I don't expect to be refunding at the end of the week. Looks like this venture will go forward as planned.
There are still plenty of shares left for anyone else who is interested. If the ISK is sent to the corp (KITI Bond 2007-09) I will send out the shares as soon as I get home.
************************** Ki Tech Industries - Bond Offer |

Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.08.31 20:23:00 -
[16]
Edited by: Ricdic on 31/08/2007 20:23:27
Meant to ask you this before.
Why do you have an office at Jita 4-4?
The rental fees alone there will exceed the interest you repay people here on your bond offering.
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Kitex
Blacktag Test Labs
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Posted - 2007.08.31 21:05:00 -
[17]
Originally by: Ricdic Edited by: Ricdic on 31/08/2007 20:23:27
Meant to ask you this before.
Why do you have an office at Jita 4-4?
The rental fees alone there will exceed the interest you repay people here on your bond offering.
Assuming he sells out the bond the Jita 4-4 rent will amount to about half of his monthly interest payment. Still a lot, to be sure. If I was buying shares and not a fixed rate bond, I might be curious about it as well. But since I'm not, I don't really care 
I keep an office at Ytiri Storage to run corp contracts out of, and pay 519,000 a month. Still in Jita, but less than 0.5% of the cost of Jita 4-4.
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.08.31 21:15:00 -
[18]
Originally by: Kitex
Originally by: Ricdic Edited by: Ricdic on 31/08/2007 20:23:27
Meant to ask you this before.
Why do you have an office at Jita 4-4?
The rental fees alone there will exceed the interest you repay people here on your bond offering.
Assuming he sells out the bond the Jita 4-4 rent will amount to about half of his monthly interest payment. Still a lot, to be sure. If I was buying shares and not a fixed rate bond, I might be curious about it as well. But since I'm not, I don't really care 
I keep an office at Ytiri Storage to run corp contracts out of, and pay 519,000 a month. Still in Jita, but less than 0.5% of the cost of Jita 4-4.
Actually, only my HQ is in Jita. I don't have an office there. There is no cost for the HQ if you don't rent an office. I did this so that my HQ location provides no information about my actual location of operations. 
************************** Ki Tech Industries - Bond Offer |

Atherin Gaius
Caldari Domini Umbrus
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Posted - 2007.08.31 21:39:00 -
[19]
isk sent.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.08.31 23:03:00 -
[20]
Hey thanks, that's cool, I never knew that 
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.09.01 01:51:00 -
[21]
I had some minor issues with increasing the number of shares in the shell corp from the default of 1000 to the 2500 required for this venture. Specifically, somehow, when I thought that I had voted in favor of the share creation, the vote did not get registered, so when the vote closed earlier this evening I was unable to sanction the creation of those shares.
I have resubmitted an attempt to increase the number of shares. This time I am confident that the votes were registered properly. Unfortunately, there is no way (that I am aware of) to accelerate the process. As such distribution of the shares will need to wait until tomorrow at approx 01:30.
Personal EveMails have been sent to all investors informing them of this delay.
In the mean time, I am still taking orders for more shares. Send ISK to the shell corp (KITI Bond 2007-09) and your shares will be issued as soon as the share creation is sanctioned. Currently there are 1540 shares remaining.
Thank you to those who have already invested.
************************** Ki Tech Industries - Bond Offer |

Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.09.01 07:08:00 -
[22]
Not sure if this helps, but when a share increase vote succeeds, you still need to go in and accept the issuance before the shares appear. If you have made this mistake, you have just doubled up on the number of shares in the corporation (which is ok as long as you don't finalise the second one).
I am at work atm so cannot check exactly where it is, but I think it is somewhere near where you vote on the shares.
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Theodorus Wellbag
Caldari
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Posted - 2007.09.01 12:59:00 -
[23]
I've sent 10 million ISK to KITI Bond 2007-09. Hopefully you really are Matalino and not just Manloloko. ;)
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.02 02:31:00 -
[24]
I am still having technecal diffuculties with the creation of shares. The good news (atleast to me) is that the problem from last night was not an error on my part, rather it was due to a bug in the corp interface. Perhaps if I had been aware of the bug I probably would have been able to find a work around. However as it is, the bug continues to complicate things.
I am in the process of filing a petition to ensure that everything is clean and clear to go. I do not want to start sending out shares in the shell corp until I am confident that everything is working as it should.
My first priority is to ensure that my investors know what the situation is. Again, each investor will receive a person EveMail providing them with an update on the situtation.
After the investors have been informed and the petition filed, I will post further details of exactly what the bug is.
On a different topic, my primary character Matalino will be taking a couple of weeks off while he focuses on an extra long skill. In the mean time, my secondary character, Ki Tarra, will be handling business as usual.
************************** Ki Tech Industries - Bond Offer |

Daeva Vios
Ardent Adversary Anvil.
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Posted - 2007.09.02 02:55:00 -
[25]
Edited by: Daeva Vios on 02/09/2007 02:56:06 Ah, my apologies for sticking this here. Disregard.
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.02 04:03:00 -
[26]
After talking with Ricdic I have found a work around that I am happy with for the technical issues that I having with the creation of shares. Many thanks for his support. I will still post a more detailed thread on those issues for the information of the community at large.
In the mean time, all shares that where ordered prior to 2007-09-02 04:00 have been sent.
There are still 730 shares remaining for any investors that are interested. Simply send the ISK to the shell corp (KITI Bond 2007-09) as per the instructions and I will send out your shares with the next batch.
Yet another thank you goes out to all those who have invested so far.
************************** Ki Tech Industries - Bond Offer |

Kitex
Blacktag Test Labs
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Posted - 2007.09.02 05:32:00 -
[27]
Great job of communicating at each step along the way - thats a good sign!
It's looking like the bond is probably going to sell out without difficulty. I'm confident enough so far that I'll commit to buying out the remainder of the bond on the last day of the initial offering (Sept 7), if there are any shares left at that time. Let me know on the 7th if you need any help selling out.
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Ghost Emperor
Amarr EvE Mutual Fund Inc.
|
Posted - 2007.09.02 16:15:00 -
[28]
Yeah thanks for keeping me informed and I can confirm I have received the requested shares. GL with you venture :) Visit EvE Galactic Stock Exchange and Real-time Eve Stock Exchange (in game or out, but trades in game) |

Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.03 00:42:00 -
[29]
Here is the post with the details of the bug that I ran into while creating the shares. In discussing it with Ricdic, it should not affect the offer as long as I do not sanction the outstanding share creation actions. I have no intention of doing so. If I were to create additional shares in this corp, it would only serve to increase my overhead in issuing dividends. It would not dilute the value of the shares as the share value and returns are fixed independently of the number of shares. If you have any concerns with the issue I would be happy to address them.
Otherwise the venture has been a fantastic success. As of this post all shares that have been order have been sent. There are only 80 shares remaining, so grab them while you can.
************************** Ki Tech Industries - Bond Offer |

Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.03 03:13:00 -
[30]
All shares have been distributed. We have completely sold out of shares. Thank you to all those who invested.
************************** Ki Tech Industries - Bond Offer |

Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.22 06:23:00 -
[31]
As announced at the time of our first interest payment, the second interest payment has been made as scheduled.
The next payment will be made on 2007-09-29.
************************** Ki Tech Industries - Bond Offer |

Ghost Emperor
Amarr EvE Mutual Fund Inc.
|
Posted - 2007.09.22 16:41:00 -
[32]
Dividends received, many thanks and GL with plans Visit EvE Galactic Stock Exchange and Real-time Eve Stock Exchange (in game or out, but trades in game) |

Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.29 04:55:00 -
[33]
The third interest payment has been made as scheduled. The next payment will be made on 2007-10-06.
My Datacore harvesting operation is going well. Currently, I am in transition from leveraging the investment capital to returning a profit. My harvesting characters are maturing very nicely. I expect that repayment of KITI Bond 2007-09 will begin in the first week of November.
In looking at the future, I have also formed a detailed business plan for a possible Datacore harvesting IPO. This would be a public venture, with the option of disclosing the full business plan and auditing access to a trusted board of directors.
The operation would have a fixed return of 3% bi-weekly, or approx 6% per month, and would run for 6 to 12 months depending on profits.
The plan has already been worked out in detail and is resilient to changes in both the value of Datacores and the cost of GTC's. If this venture does go forward, it would be operated entirely independent of the previous bond or any of my other endeavors.
A vote as been opened to pole the opinions of my previous investors to get a feel for their interest level. I will also be watching for feedback here. If there is interest in this venture, I would be prepared to open it for an Oct 13 start date. If there is a lack of interest, then I will postpone it indefinitely or pursue it privately. I am poling interest before releasing further details as I have read many comments expressing an opinion that the IPO market is currently over-saturated.
Tomorrow I will be switching back to Matalino as my active main. Ki Tarra will be taking a short vacation until Oct 16. If you wish to contact me in-game be sure to send any messages to Matalino.
************************** Ki Tech Industries - Bond Offer |

Kitex
Blacktag Test Labs
|
Posted - 2007.09.29 05:29:00 -
[34]
To your credit, every bond payment thus far has been on time or early. I love your sense of responsibility in that regard as well as your ongoing communication, as it has become a rarity in my portfolio.
Because you've proven solid thus far, I'll probably make another smallish investment of 100-200m if you decide to go forward with your other venture. I typically reserve larger investments for offerings with a little higher rate of return, but I can always spare a bit for someone I think is really on the level.
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Daeva Vios
Ardent Adversary Anvil.
|
Posted - 2007.09.29 06:30:00 -
[35]
The level of communication you provide is admirable, and your payment schedule is filling out nicely.
Very, very impressive.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.09.29 09:01:00 -
[36]
Great work Ki Tarra. Depending on the size of your new investment the EBANK may be interested in partial ownership so feel free to give Ricdic, Ricdics, Ricdic's Hoe, or EBANK Ricdic a convo in game if you want to have a chat regardless of the path you take.
I am happy to have a read over your new business plan as well if you want. I can be contacted by email and msn at ([email protected]).
Cheers
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Sikozu Prioris
Suns Of Korhal YouWhat
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Posted - 2007.09.29 09:53:00 -
[37]
This new venture sounds good, reserve me 400m 
Voted Yes as well.
"A enemy fleet emerges from the shadows"
- What shadows!?! We're in ****ing space for gods sake
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Ghost Emperor
Amarr EvE Mutual Fund Inc.
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Posted - 2007.09.29 12:52:00 -
[38]
Dividends received, many thanks and GL with plans. As the others have mentioned great communications skills are a bonus :)
With regards to future plans I tend to double up each time so I would be interested in investing a minimum of 400million if the business plans looks viable and/or you think it is a winner Visit EvE Galactic Stock Exchange and Real-time Eve Stock Exchange (in game or out, but trades in game) |

Genbukan
Best Buy INC
|
Posted - 2007.09.30 00:04:00 -
[39]
Originally by: Ki Tarra The third interest payment has been made as scheduled. The next payment will be made on 2007-10-06.
My Datacore harvesting operation is going well. Currently, I am in transition from leveraging the investment capital to returning a profit. My harvesting characters are maturing very nicely. I expect that repayment of KITI Bond 2007-09 will begin in the first week of November.
In looking at the future, I have also formed a detailed business plan for a possible Datacore harvesting IPO. This would be a public venture, with the option of disclosing the full business plan and auditing access to a trusted board of directors.
The operation would have a fixed return of 3% bi-weekly, or approx 6% per month, and would run for 6 to 12 months depending on profits.
The plan has already been worked out in detail and is resilient to changes in both the value of Datacores and the cost of GTC's. If this venture does go forward, it would be operated entirely independent of the previous bond or any of my other endeavors.
A vote as been opened to pole the opinions of my previous investors to get a feel for their interest level. I will also be watching for feedback here. If there is interest in this venture, I would be prepared to open it for an Oct 13 start date. If there is a lack of interest, then I will postpone it indefinitely or pursue it privately. I am poling interest before releasing further details as I have read many comments expressing an opinion that the IPO market is currently over-saturated.
Tomorrow I will be switching back to Matalino as my active main. Ki Tarra will be taking a short vacation until Oct 16. If you wish to contact me in-game be sure to send any messages to Matalino.
Seems like you have a great game plan! With that I would be interested in your next venture.
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Matalino
Gallente Ki Tech Industries
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Posted - 2007.10.01 14:49:00 -
[40]
Thank you all for your encouragement. I have been working with Ricdic to finialize the business plan and financing details. With his assistance I have been able to increase the potential margin, so I will be able to offer a higher return than I had originally sugested. I hope to release the details to the public within the next couple of days.
Many thanks again to Ricdic for his support. Stay tuned for more information.
************************** Ki Tech Industries - Bond Offer |

Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.01 15:09:00 -
[41]
Most welcome 
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Matalino
Gallente Ki Tech Industries
|
Posted - 2007.10.06 06:27:00 -
[42]
Edited by: Matalino on 06/10/2007 06:28:12 Well it has been a busy week, and will be an even busier weekend. Datacore Harvesting is off to a good start. Funds have been raised for the first two phases well ahead of schedule. The plan is solid, and I am looking forward to seeing it mature.
However, I cannot forget my roots. Ki Tech has been the testing ground for the business model that Datacore Harvesting is built on. While I am looking forward to the future, I cannot forget my past obligations.
This week's interest payment has been made. As you can expect, the next payment will be made 2007-10-13.
Well I am off to bed. I have a busy day tomorrow, with 72 characters to create.
For those looking for more news regarding Datacore Harvesting I will make a post either Tuesday or Wednesday.
************************** Datacore Harvesting IPO |

Matalino
Gallente Ki Tech Industries
|
Posted - 2007.10.13 18:29:00 -
[43]
This week's interest payment has been made.
With the Mechanical Engineering Datacore prices so high, Ki Tech's revenues are doing very well indeed. If they remain high, repayment will not take very long at all. I will make more detailed announcements regarding repayment at the end of the month. For now I am just consolidating my revenue stream.
Next interest payment will be made 2007-10-20 as scheduled.
************************** Datacore Harvesting IPO |

Matalino
Gallente Ki Tech Industries
|
Posted - 2007.10.20 00:09:00 -
[44]
Payment of this weeks interest has been made. Next interest payment will be 2007-10-27 according to plan.
No updates yet on the planned rate of repayment. I still expect to begin that in November.
In other news, I am finishing off a plan to expand my Datacore Harvesting IPO. Expect to see an announcement regarding those details in that thread in the coming days.
************************** Datacore Harvesting IPO |

Matalino
Gallente Ki Tech Industries
|
Posted - 2007.11.03 18:47:00 -
[45]
The interest payment was made last week on time as usual. Since there was nothing else to announce at that time other than to say that the next interest payment would be made on Nov 3, I did not post to state the obvious.
This week's interest payment has been made. The next payment will be made on Nov 10.
I had previously indicated that I would begin repayment this week. Looking at the market, I beleive that it would be prudent for me to delay liquidation of my assets until after the release of Kali 3. Interest payments will continue as normal until repayment is complete.
If this delay in repayment is a concern for any shareholders, I would ask that they contact me via Evemail and I will do what I can to resolve those concerns.
************************** Datacore Harvesting IPO |

Ghost Emperor
Amarr EvE Mutual Fund Inc.
|
Posted - 2007.11.03 18:55:00 -
[46]
Well done again and thanks for the reporting...I hope to get into the next release of shares on your other project :) (this time with wallet behaving as it should ;O Visit EvE Galactic Stock Exchange and Real-time Eve Stock Exchange (in game or out, but trades in game). For E |

Matalino
Gallente Datacore Harvesting
|
Posted - 2007.11.16 16:01:00 -
[47]
Edited by: Matalino on 16/11/2007 16:01:45 I am currently having issues with my home internet connection. My ISP is sending a tech over to have a look at the problem tomorrow morning (afternoon GMT).
As such, this weeks dividend will be issued in the later hours of the 17th, and might be bumped back to the early hours of the 18th.
While this is only a minor delay from when I normally issue the dividend, I prefer to error on the side of over-, rather than under-, informing my investors.
************************** Datacore Harvesting IPO |

Sikozu Prioris
Suns Of Korhal
|
Posted - 2007.11.17 02:56:00 -
[48]
Thanks for the update anyway 
"A enemy fleet emerges from the shadows"
- What shadows!?! We're in ****ing space for gods sake
|

Matalino
Gallente Datacore Harvesting
|
Posted - 2007.11.17 23:01:00 -
[49]
This week's interest payment has been made.
The next payment will be on 2007-11-24.
Repayment of the bond is still on hold pending the release of Trinity.
************************** Datacore Harvesting IPO |

Matalino
Gallente Ki Tech Industries
|
Posted - 2007.12.01 20:36:00 -
[50]
Edited by: Matalino on 01/12/2007 20:37:36 Interest payment have continued as scheduled during the past couple of weeks, there was little else to report.
This week with the announcement of the release of Trinity, along with the start of December, I have begun repayment of this bond.
Shareholders will notice that in addition to the interest payment of 25,000 ISK per share, there was an additional dividend of 250,000 ISK per share.
This additional payment goes against the initial capital. This decreases the share value from 1,000,000 ISK per share to 750,000 ISK per share.
Next week's interest payment will be 18,750 ISK per share. (2.5% of 750,000 ISK per share)
I also plan to make a further repayment next week, but at this point I am not yet sure how much that will be.
I do not beleive that there is much if any trading of these shares, but if you are trading them, be sure to use the current share value. The corp's description has been and will be updated to reflect the share value and up-coming interest payment.
************************** Datacore Harvesting IPO |

Matalino
Gallente Ki Tech Industries
|
Posted - 2007.12.08 18:37:00 -
[51]
This week's interest payment of 18,750 ISK per share has been made.
A further repayment of 30,000 ISK per share has also been made.
This decreases the share value to 720,000 ISK per share.
Next week's interest payment will be 18,000 ISK per share.
The corp's description has been updated to reflect this information. Always check the corp description before trading this bond. Trading on Saturdays is strongly discouraged because you might be trading at the same time that dividends are being issued.
************************** Datacore Harvesting IPO |

Matalino
Gallente Ki Tech Industries
|
Posted - 2007.12.29 23:58:00 -
[52]
Interest payments have been made as scheduled over the past few weeks.
A combination of things have kept me busy over the past couple of weeks, preventing me from spending as much time as I would like on earning ISK for repayment of the bond.
I expect that I will be able to accelerate repayment again over the coming weeks.
|

Matalino
Gallente Ki Tech Industries
|
Posted - 2008.01.06 01:07:00 -
[53]
Sorry about the interest payment being a hour late today.
Interest payment has been made for this week, along with a small repayment against the original capital.
Current share value is now 702,000 ISK.
Next week's interest payment will be 17,550 per share.
|

Minerva Vulcan
Caldari The Nexus Foundation Endless Horizon
|
Posted - 2008.01.06 01:25:00 -
[54]
Originally by: Matalino Sorry about the interest payment being a hour late today.
Unacceptable! Your shady business practices have been noted!
I kid, of course. I doubt you'll find anyone even noticed the hour, let alone ready to bust out any torches and pitchforks. 
You certainly do keep good communication with your investors, though, which is a great thing. _______________________________ 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. |

Atherin Gaius
Caldari Domini Umbrus VENOM Alliance
|
Posted - 2008.01.07 17:45:00 -
[55]
You can delay repayment payments as long as you wnat.....as long as the dividend payments keep coming.
LOL
Let me know when your next investment opportunity comes out. Will be happy to invest more with you.
|

Matalino
Gallente Ki Tech Industries
|
Posted - 2008.01.12 21:55:00 -
[56]
This weeks interest payment of 17,550 ISK per share has been made.
A repayment of 30,000 ISK per share has also been made.
This puts the current share value at 672,000 ISK per share.
Next week's interest payment will be 16,800 ISK per share.
|

Matalino
Gallente Ki Tech Industries
|
Posted - 2008.03.01 17:54:00 -
[57]
Update on the progression of this bond:
As share holders will notice, repayment has resumed again. 
This week's interest payment of 16,800 ISK/share has been made.
A repayment of 128,000 ISK/share has also been made.
This brings the current share value to 544,000 ISK/share and next week's interest payment will be 13,600 ISK/share.
The corp's description has been updated to reflect the lastest values.
|

Ghost Emperor
Amarr EvE Mutual Fund Inc.
|
Posted - 2008.03.01 18:35:00 -
[58]
Thanks for the divs and repayments. Cheers as always for keeping us investors informed :)
EvE Galactic Stock Exchange and Real-time Eve Stock Exchange EMFI blog at: http://emfi.blogspot.com/ |

Ki Tarra
Ki Tech Industries
|
Posted - 2008.03.15 23:41:00 -
[59]
Interest payments have continued as expected.
With this week's payment another repayment of 128,000 per share has been made.
This brings the current share value to 416,000 ISK and next week's interest payment to 10,400 ISK per share.
I will be travelling for the last week of March. As such next week's interest payment will be made 1-2 days early and the following week's payment will be made 1-2 days late. After that minor disruption, payments will return to their usual Saturday schedule.
|

Ghost Emperor
EvE Mutual Fund Inc.
|
Posted - 2008.03.15 23:44:00 -
[60]
Isk recieved may thanks, and first class reporting as always, cheers from EMFI
EvE Galactic Stock Exchange and Real-time Eve Stock Exchange EMFI blog at: http://emfi.blogspot.com/ |

Ki Tarra
|
Posted - 2008.03.21 20:25:00 -
[61]
This week's interest payment has been made.
As noted last week, the next interest payment will be slighly delayed. At the latest the payment will be made on the 31st, but I hope to make it as close to the original schedule as possible.
After that interest and repayment dividends will resume their normal schedule
|

Ghost Emperor
|
Posted - 2008.03.21 21:01:00 -
[62]
Dividends received with thanks, great communication with investors as always, I hope your plans are working out, cheers, Ghost
EvE Galactic Stock Exchange and Real-time Eve Stock Exchange EMFI blog at: http://emfi.blogspot.com/ |

Ki Tarra
Ki Tech Industries
|
Posted - 2008.03.31 05:16:00 -
[63]
Interest for last week has been paid out.
Next week's interest will be paid out on the original schedule.
Thank you for your understanding with regards to the delay of this last dividend.
|

Matalino
|
Posted - 2008.04.05 23:55:00 -
[64]
This week's dividend has been paid out: 10,400 per share interest and 32,000 per share repayment.
The new share value is at 384,000 per share, with next week's interest payment being 9,600 per share.
|

Ghost Emperor
|
Posted - 2008.04.05 23:58:00 -
[65]
Received with thanks...and new NAV noted, GL with plans, cheers, Ghost
EvE Galactic Stock Exchange and Real-time Eve Stock Exchange EMFI blog at: http://emfi.blogspot.com/ |

Matalino
Gallente Ki Tech Industries
|
Posted - 2008.05.04 05:46:00 -
[66]
My appologies for missing last week's interest payment. I got up with out of game life and completely forgot. By the time I remembered, I figured that I might as well wait until this week to straiten it out. As such there were two interest payments.
Last weeks interest payment was made for 9,840 per share. (9,600 + 2.5% compounded interest)
This weeks interest payment was made for 9,600 per share.
There was also a repayment of 64,000 per share.
This brings share value to 320,000 per share.
I am currently in the process of cleaning out my hangers and liquidating those unused assests. I am hopefull that they will allow me to close of this bond within the next few weeks. |

YouGotRipped
Ewigkeit
|
Posted - 2008.05.04 23:25:00 -
[67]
Edited by: YouGotRipped on 04/05/2008 23:28:30
Originally by: Matalino
I am currently in the process of cleaning out my hangers and liquidating those unused assests. I am hopefull that they will allow me to close of this bond within the next few weeks.
I have perused a few posts, you've developed some passive income capabilities in the form of datacores harvesting (allegedly 3B+ profit / month ) using investors money and now that you've reached full production you're kicking your investors out, is that it?
|

Matalino
Gallente Ki Tech Industries
|
Posted - 2008.05.05 00:02:00 -
[68]
Originally by: YouGotRipped I have perused a few posts, you've developed some passive income capabilities in the form of datacores harvesting (allegedly 3B+ profit / month ) using investors money and now that you've reached full production you're kicking your investors out, is that it?
Nope. That is not it at all.
KITI Bond was a completely seperate venture started before I had fully concieved of the idea for DATAC.
The two ventures have been run independant of each other.
KITI Bond is nearing the end of its opperation. DATAC will continue as before: with the characters on extended hibernation.
- All of the profits from DATAC will be paid out to investors.
- The funds for KITI Bond were used for personal interests (mostly ships and implants), and the funds to repay it also come from my personal efforts (mostly mission running).
As for KITI Bond, I have looked a little closer at my schedule for the coming week, and next weeks interest payment will also be delayed until the following weekend. As such, the weekend of the 17th will have dual interest payments (one for 8,200 and one for 8,000).
Also looking at the progression of my liquidation efforts I can confirm that the repayment on the 17th will be atleast 50% of share value. Depending on how things go, there is a likely possiblity that the bond will be fully repayed on the 17th. |

YouGotRipped
Ewigkeit
|
Posted - 2008.05.05 00:20:00 -
[69]
Edited by: YouGotRipped on 05/05/2008 00:21:46
Originally by: Matalino
Ki Tech Industries is looking to raise between 1.0 and 2.5 billion ISK for a mid-term capital infusion.
My bad.
 |

Matalino
Gallente Ki Tech Industries
|
Posted - 2008.05.05 06:07:00 -
[70]
Originally by: YouGotRipped My bad.

No worries.
As one last update before I sign off for the night: I will be off-line for the next week. As I noted in my previous post, there will be a double interest payment on the 17th, instead of the regular interest payment on the 10th.
Further, I have confirmed that I will liquidate enough assets to fully repay the bond on the 17th, so expect that the remaining 320,000 ISK per share will be repayed on that date.
Thank you to all my investors. See you all again in a week.
|

Ki Tarra
Caldari Ki Tech Industries
|
Posted - 2008.05.18 01:16:00 -
[71]
The final dividends for this bond have been paid out.
Last week's interest payment (8,200 ISK/share), this week's interest payment (8,000 ISK/share) and the remaining balance (320,000 ISK/share) have all been paid.
The corp description has been updated to reflect the fact that this bond has been repaid and is closed.
I would like to thank all those who invested.
|

Sikozu Prioris
Suns Of Korhal deadspace society
|
Posted - 2008.05.18 01:46:00 -
[72]
Confirming payout, thanks very much.
Would you like us to send the shares back, or are you not bothered? Lol |

Ki Tarra
Caldari Ki Tech Industries
|
Posted - 2008.05.18 05:16:00 -
[73]
Originally by: Sikozu Prioris Would you like us to send the shares back, or are you not bothered?
I don't really care.
The bond was structured this way so that I won't need to worry about collecting the shares back again.
If I decide to issue another bond in the future I will simply create a new corp.
If you want, you are welcome to keep the shares as a souvenir.
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