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Kitex
Blacktag Test Labs
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Posted - 2007.09.21 05:25:00 -
[61]
Originally by: EBANK Ricdic Having said that, don't be surprised if EBANK just handles all of his new business plans internally in the future
Damn mega-banks swallowing up the world and keeping "the man" down
Kudos to all 3 of you for pulling this together. Especially Rawne... good on you for backing up your buddy.
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Tivern Maniva
Trust Holdings Corp
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Posted - 2007.09.21 05:42:00 -
[62]
Originally by: Kitex Especially Rawne... good on you for backing up your buddy.
Yeah hes a Godsend. Im sure i speak for all my investors when i say this but Rk THANKS ALOT \o/
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Shadarle
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Posted - 2007.09.21 06:32:00 -
[63]
Edited by: Shadarle on 21/09/2007 06:32:10 Sorry for the delay in my payment. I have now sent my money in. I couldn't log in until just now.
I'm very pleased with the way this all turned out, especially that others decided to invest after I took the plunge
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Tivern Maniva
Trust Holdings Corp
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Posted - 2007.09.21 13:17:00 -
[64]
Could all holders please check there wallets shares have been issues. Its 400k per share at 5000 shares equaling 2 billion isk. just double check the math.
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Azathila
Labteck Corporation LTD. Libertas Fidelitas
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Posted - 2007.11.19 19:33:00 -
[65]
Guess Cinder has 1 more day to pay out.....
if he pays that is....
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Shadarle
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Posted - 2007.11.19 20:24:00 -
[66]
Edited by: Shadarle on 19/11/2007 20:24:24 I had this written down on my spreadsheet to check on this tomorrow. But since the thread was bumped I do think it is time for some sort of update on how things went and when we should expect payment.
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Azathila
Labteck Corporation LTD. Libertas Fidelitas
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Posted - 2007.11.19 20:55:00 -
[67]
Cinderbrood left LFA and joined KotS (puke in dutch).
Doesn't reply to mails and rejects convo....
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Shadarle
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Posted - 2007.11.19 21:11:00 -
[68]
Originally by: Azathila Cinderbrood left LFA and joined KotS (puke in dutch).
Doesn't reply to mails and rejects convo....
If this is the case then I guess we'll have to get Ricdic involved once the date for payment has passed. Since there was a sa***uard in place in case such a thing happened.
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.20 01:25:00 -
[69]
Yeh I have the cash still available. However I have had Cinder on msn over the last couple of months and we have chatted a lot as well as playing in other projects. I would be surprised if it was a scam, I definetly won't go near claiming it as such at this point.
I haven't seen him on MSN for the past week or so, figured it was related to RL issues (as he has an unfinished web development project of ours half done). We will see how it goes, but either way we have the 2b security. I will have a chat with Rawne as well (he put up the 2b) to see if he has news on Cinderbrood's whereabouts.
WWW.EVE-BANK.NET
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.20 01:32:00 -
[70]
ok, after checking evemails, a few dividends have gone through at this point up to a total of 2.8% of the investment. A few mails have accompanied it basically saying that more is coming as final liquidations happen over the next couple of days, and that due to RL issues Cinder wasn't able to run it as well as he would have hoped. I won't copy/paste the mail as all shareholders have access too it.
WWW.EVE-BANK.NET
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Shadarle
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Posted - 2007.11.20 01:55:00 -
[71]
Originally by: EBANK Ricdic Edited by: EBANK Ricdic on 20/11/2007 01:38:08 ok, after checking evemails, a few dividends have gone through at this point up to a total of 2.8% of the investment. A few mails have accompanied it basically saying that more is coming as final liquidations happen over the next couple of days, and that due to RL issues Cinder wasn't able to run it as well as he would have hoped. I won't copy/paste the mail as all shareholders have access too it.
I also had a chat with cinderbrood in game and he has advised that expectations have been met and will be announced over the coming days. Everything looks like it will be fine over here just RL got in the way a bit. Now, cinder did advise that he has been declining convo's due to not being in the right state for it. So let's give some distance for a couple of days and let him finalise things
Sounds good.
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Azathila
Labteck Corporation LTD. Libertas Fidelitas
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Posted - 2007.11.20 19:19:00 -
[72]
Yup recieved my share of the isks and the mails. Lets hope he gets his RL sorted soon.
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Calgorac
The Arrow Project Morsus Mihi
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Posted - 2007.11.24 03:23:00 -
[73]
rrr
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Azathila
Labteck Corporation LTD. Libertas Fidelitas
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Posted - 2007.11.29 09:28:00 -
[74]
Any new information available? Not to sound impatient, but I would like to know what will happen with my isk :P
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.29 11:06:00 -
[75]
I will advise Cinder that he has 10 days from the time of this post to organise things before the security is used to repay investors.
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Shadarle
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Posted - 2007.12.01 08:11:00 -
[76]
Was just wondering about this, didn't realize it was bumped yesterday as I didn't read the boards much.
I think we really need to hammer home to new IPO starters that it requires good communication and a non-busy RL to run an IPO. If you have any suspicion that your RL may get hectic and get in the way of your playing then you should inform investors... so they can avoid your IPO if they wish to.
I hope this gets resolved quickly, getting tired of all the issues CEO's have been having lately.
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Hexxx
Minmatar
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Posted - 2007.12.01 16:14:00 -
[77]
Originally by: Shadarle Was just wondering about this, didn't realize it was bumped yesterday as I didn't read the boards much.
I think we really need to hammer home to new IPO starters that it requires good communication and a non-busy RL to run an IPO. If you have any suspicion that your RL may get hectic and get in the way of your playing then you should inform investors... so they can avoid your IPO if they wish to.
I hope this gets resolved quickly, getting tired of all the issues CEO's have been having lately.
Just to clarify this issue...it's reasonable that RL can sometimes interfere, it does happen.
Being unreasonable (IPO manager OR investor) is not good business on either side. What constitutes "being reasonable"? It's not something that I can define for everyone, but do try to keep it in mind when communicating.
Consulting, IPO Template, and Stock/Bond definitions.
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Shadarle
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Posted - 2007.12.01 16:21:00 -
[78]
Originally by: Hexxx
Originally by: Shadarle Was just wondering about this, didn't realize it was bumped yesterday as I didn't read the boards much.
I think we really need to hammer home to new IPO starters that it requires good communication and a non-busy RL to run an IPO. If you have any suspicion that your RL may get hectic and get in the way of your playing then you should inform investors... so they can avoid your IPO if they wish to.
I hope this gets resolved quickly, getting tired of all the issues CEO's have been having lately.
Just to clarify this issue...it's reasonable that RL can sometimes interfere, it does happen.
Being unreasonable (IPO manager OR investor) is not good business on either side. What constitutes "being reasonable"? It's not something that I can define for everyone, but do try to keep it in mind when communicating.
Obviously RL can get in the way out of the blue for someone. But it is happening quite a bit lately to a lot of people. I suspect at least a few of these people had some inkling it may happen far in advance, yet did not feel it was worth telling their investors. This is what I have an issue with. I also think a few of the cases may just be using it as a convenient excuse. I'm not saying Cinderbrood is faking this, merely that this is becoming a very common trend lately.
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Kitex
Blacktag Test Labs
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Posted - 2007.12.01 16:36:00 -
[79]
Originally by: Hexxx
Just to clarify this issue...it's reasonable that RL can sometimes interfere, it does happen.
Being unreasonable (IPO manager OR investor) is not good business on either side. What constitutes "being reasonable"? It's not something that I can define for everyone, but do try to keep it in mind when communicating.
Honestly, the large number of people who play the RL card here on these boards leads me to one of two possible conclusions:
1. EVE IPO's, as an average, are managed by abnormally unstable people with a great deal of turmoil and uncertainty in their real lives. 2. "Real life issues" has become a convenient and oft used synonym for "I got bored".
With acknowledgment that some folks do certainly have legitimate real life issues, I'm leaning toward #2 in the majority of cases. Of course real-life issues should be respected, but I definitely have my doubts that everyone who plays that card is being entirely forthright.
I found cinderbrood's request that we not convo him due to fragile mental state particularly unacceptable.
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Ambo
2nd Outcasters
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Posted - 2007.12.01 18:31:00 -
[80]
I guess it depends what you mean by 'RL issues'.
For me, this coveres anything more important than Eve.. and that's covers a lot of ground. It could be that I have some extra stuff to do at work, maybe I want to spend more time with my GF, maybe I've got some DIY that unexpectedly has to be done, maybe some friends are visiting. Whatever.
My point is that these things are not indicitive of having an unstable life, more a indication of how much importance I attach to Eve as opposed to all the other things in my life.
Having said that, I have to agree that a lot of the time it probably means somthing more like 'this is taking up too much of my time and/or I'm getting bored'
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Shadarle
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Posted - 2007.12.01 18:43:00 -
[81]
Originally by: Ambo I guess it depends what you mean by 'RL issues'.
For me, this coveres anything more important than Eve.. and that's covers a lot of ground. It could be that I have some extra stuff to do at work, maybe I want to spend more time with my GF, maybe I've got some DIY that unexpectedly has to be done, maybe some friends are visiting. Whatever.
My point is that these things are not indicitive of having an unstable life, more a indication of how much importance I attach to Eve as opposed to all the other things in my life.
Having said that, I have to agree that a lot of the time it probably means somthing more like 'this is taking up too much of my time and/or I'm getting bored'
If a CEO is getting bored or doesn't have much time due to RL a CEO should just tell his investors that and liquidate if it's that bad.
I highly doubt all the people claiming RL issues had them come out of the blue. I have a feeling most people know they will have final exams and midterms, that their wife is having a baby, that they have severe medical problems, etc. Acting as if these came out of the blue is a bit ludicrous. These should have been known before launching the IPO and the IPO shouldn't have been launched if they would get in the way.
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Riethe
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Posted - 2007.12.01 18:46:00 -
[82]
Originally by: Ambo I guess it depends what you mean by 'RL issues'.
For me, this coveres anything more important than Eve.. and that's covers a lot of ground. It could be that I have some extra stuff to do at work, maybe I want to spend more time with my GF, maybe I've got some DIY that unexpectedly has to be done, maybe some friends are visiting. Whatever.
My point is that these things are not indicitive of having an unstable life, more a indication of how much importance I attach to Eve as opposed to all the other things in my life.
Having said that, I have to agree that a lot of the time it probably means somthing more like 'this is taking up too much of my time and/or I'm getting bored'
Look, it makes sense if the guys girlfriend/wife got hit by a bus and now he's taking care of her. That's a perfectly rational, completely out of the blue situation that no one has control over.
However, when you decide, on your own free will, that you would like to try to run something like an IPO in eve, you are effectively signing up to sacrifice some of your normal free time to take care of the people that have funded your business plan.
I don't care how much you like your real life friends or if you want to "spend time" with your girlfriend. That's great, I like doing those things too, in fact, I think everyone does. But there is a level of commitment that you have toward everyone else.
So, your definition of 'RL issues' is far too loose for something like this, and there is a line that can be drawn on all scenarios. There is a certain level of obligation here to uphold communication. This is something he signed up for.
If he knew beforehand he was going to be burdened with something in the near future, he shouldn't have wasted everyone's time. If this was something that had he no control over, it's much easier to understand.
Once you commit to something like this, it should become a priority, otherwise, your lifestyle obviously is not compatible with something that is so demanding of your time and attention.
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Riethe
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Posted - 2007.12.01 18:47:00 -
[83]
Originally by: Shadarle If a CEO is getting bored or doesn't have much time due to RL a CEO should just tell his investors that and liquidate if it's that bad.
I highly doubt all the people claiming RL issues had them come out of the blue. I have a feeling most people know they will have final exams and midterms, that their wife is having a baby, that they have severe medical problems, etc. Acting as if these came out of the blue is a bit ludicrous. These should have been known before launching the IPO and the IPO shouldn't have been launched if they would get in the way.
We pretty much posted the same exact thing, at the same exact time.
Fully agree with you here.
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Shadarle
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Posted - 2007.12.01 19:13:00 -
[84]
Originally by: Riethe
Originally by: Shadarle If a CEO is getting bored or doesn't have much time due to RL a CEO should just tell his investors that and liquidate if it's that bad.
I highly doubt all the people claiming RL issues had them come out of the blue. I have a feeling most people know they will have final exams and midterms, that their wife is having a baby, that they have severe medical problems, etc. Acting as if these came out of the blue is a bit ludicrous. These should have been known before launching the IPO and the IPO shouldn't have been launched if they would get in the way.
We pretty much posted the same exact thing, at the same exact time.
Fully agree with you here.
Only I did it in far fewer words!
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Ambo
2nd Outcasters
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Posted - 2007.12.01 20:16:00 -
[85]
And yet you both seem to have misunderstood me. Maybe I was being unclear.
I would put pretty much anything in my life ahead of Eve. That's not to say I don't take it seriously, just that I have plenty more important things to deal with.
I agree, if you know in advance that somthing is going to become a demand on your time then don't say you'll commit to Eve. I've done this before myself, but I have no idea what is going to happen tomorrow, nevermind about several months in the future.
If it was me then I would almost certainly spend the extra hours required to fix the situation before bailing out but I can understand why people wouldn't. It is just a game. You may be dealing with play money that people have spent real hours to earn but it is still play money.
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Riethe
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Posted - 2007.12.01 20:36:00 -
[86]
Originally by: Ambo It is just a game. You may be dealing with play money that people have spent real hours to earn but it is still play money.
If you're running a venture that requires asking various other people for their play money, it no longer matters how much you personally regard this money. You cannot assume that everyone cares as little as you do, because you're now handling other people's earnings and for all you know, each of these individuals care more for EVE than they do anything else.
It's probably unlikely that anyone is that extreme about it, but the point is, Shadarle (just as an example) might care a lot more than you do, and if you're running an IPO, you should respect and understand that prior to committing to something of this nature.
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Shadarle
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Posted - 2007.12.01 21:01:00 -
[87]
Originally by: Ambo And yet you both seem to have misunderstood me. Maybe I was being unclear.
I would put pretty much anything in my life ahead of Eve. That's not to say I don't take it seriously, just that I have plenty more important things to deal with.
I agree, if you know in advance that somthing is going to become a demand on your time then don't say you'll commit to Eve. I've done this before myself, but I have no idea what is going to happen tomorrow, nevermind about several months in the future.
If it was me then I would almost certainly spend the extra hours required to fix the situation before bailing out but I can understand why people wouldn't. It is just a game. You may be dealing with play money that people have spent real hours to earn but it is still play money.
I understand what you're saying, I'm saying that if someone really considers this low on their priority list then they shouldn't be starting an IPO. IPO's are for hardcore people or at least for people very dedicated to the game, not for casual players to start up... unless they state it is a very casual IPO and investors are not misled.
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Ambo
2nd Outcasters
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Posted - 2007.12.01 21:50:00 -
[88]
Agreed....
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Rawne Karrde
An Tir Libertas Fidelitas
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Posted - 2007.12.02 10:03:00 -
[89]
I was able to send some mails back and forth to cinder. He let me know that he would be sending isk out to investors, but had not been playing recently due to his fiance leaving him.
I hope he's able to get things straightened out for his investors. As has been mentioned in this thread, communication is key. Instead of hiding a problem you need to be upfront when you are playing with other peoples money.
The point of this venture was cinder's desire to build a name for himself, but some mistakes have been made here that I hope cinder learns for next time if it should happen.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.12.02 12:57:00 -
[90]
Yeh I still do definetly believe Cinder is legit. I just hope he does make this payment now as above. Rawne above was the guarantor of that 2b isk so I of course don't want to use Rawne's cash to pay for Cinder if he doesn't pay up (but I will if need be).
I just hope that Cinder see's this soon and see's that he is letting his investors and his securing party down, but most notably he is letting his in-game reputation take a beating. Sure, people will get their default cash back if I provide the secured funds but they also won't want to invest in another Cinderbrood enterprise without security and a decent amount of coaxing as before.
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