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Tinydot Reprocessing Investment Trust update please

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Nummb	Posted - 2007.09.23 19:12:00 - [1] Has anyone heard or seen Massive Prophet (MP) lately? I took the time last night to go through my wallet month by month and noticed that I had not recieved any dividends from Tinydot since May. If memory serves me correct MP is also running ZERO which just released a dividend on 12 September. If it is not MP running ZERO that is a moot point. Mostly, I want to know what is going on with Tinydot as I have these shares just sitting around. Also, I am looking for some new investment options and I have been looking at both of the stock market sites on the in-game-browser. If anyone is interested in selling me some shares of C-R-A or other nice corp directly instead of using the market please feel free to offer here with number available and price or send me an evemail. I looking to invest another 500-800mil currently.
EBANK Ricdic Eve-Tech Savings n Loans Zzz	Posted - 2007.09.23 19:23:00 - [2] Massive Prophet is also known as Motivated Prophet who should be online a little more often. I will pst him out-of-game and get him to reply here. Having said that, iirc I believe that corporation is designed in a certain way where it doesn't pay normal dividends or some such.
Nummb	Posted - 2007.09.23 19:47:00 - [3] Ok, I remember back in early March of this year that MP was a very respected member of this community and I do not want to say or imply anything without knowing the full facts. I have found the actual forum where I reserved 100 shares from Motivated Prophet for 100mil isk. To date I have recieved 2,428,551.02 isk in dividends, putting me at a whopping 97,571,448.98 isk loss on my investment. Again, for most people 100mil is something that they can make in a day or two, which I have been working towards myself with trading, but I would like to know if this is just a bad investment and something I should try and cut my losses.
Benvie	Posted - 2007.09.23 20:53:00 - [4] I have half a billion invested in this as well. I basically wrote this off as a loss a while ago and anything I get out of it is bonus. Maybe we'll be surprised though.
Motivated Prophet Zerodot Schools Power Corrupts Industry's	Posted - 2007.09.23 21:09:00 - [5] I've said from the start, TINY. is investing in me, not a plan. If you don't trust me, don't invest in TINY. I continue to buy back shares at just under 950k isk apiece, anyway, so you're more than welcome to take that option rather than call my integrity into question, if you no longer feel an investment in me is a good one. MP -- Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression!
Benvie	Posted - 2007.09.23 21:16:00 - [6] Edited by: Benvie on 23/09/2007 21:18:04 Even you must admit that with sparse information provided for many months that some concern may be founded, no? If you had isk invested in something and hadn't heard more than a whisper in half a year what would you think? To clarify, I don't think for a minute that Tinydot is a scam. But there's many other things that an investment can turn out to be that fall short of what would be hoped.
Ramblin Man Empyreum	Posted - 2007.09.23 21:31:00 - [7] I think a lot of people purchased shares off an intermediary, hence all the threads of confusion.
Benvie	Posted - 2007.09.23 21:59:00 - [8] All other public offerings have provided some sort of regularly updating. Whether it be weekly, biweekly, monthly, quarterly, SOMETHING. That's where my concern is. As an investor in this venture I have no idea at all what's been happening with it or even what the business plan is anymore. All I know is that Motivated Prophet has a number of billions of isk and is doing..something I presume with it. That's all anyone knows. That's a lot less than we thought we knew the day we invested in it.
Shar Tegral	Posted - 2007.09.23 22:09:00 - [9] Contact him about buyback options as he apparently says he's open to such transactions. It's A GIRL!!!!!
Nummb	Posted - 2007.09.23 22:10:00 - [10] Quote: I've said from the start, TINY. is investing in me, not a plan. If you don't trust me, don't invest in TINY. I continue to buy back shares at just under 950k isk apiece, anyway, so you're more than welcome to take that option rather than call my integrity into question, if you no longer feel an investment in me is a good one. MP I was just attempting to find out what exactly had happened in the last 6 months. Now if you are going to pay out another dividend in the next two months then I and probably the others in this post will just continue to wait. It's just that you have been successful with the other ventures that people invested in you. If there is RL issues that have delayed your progress then I understand, been there and done that myself. Having said that I will wait and see what happens next.
Benvie	Posted - 2007.09.23 22:10:00 - [11] I would prefer to not have a loss on my investment. Are my concerns unreasonable? Anyone?
Shar Tegral	Posted - 2007.09.23 22:20:00 - [12] Edited by: Shar Tegral on 23/09/2007 22:20:01 Originally by: Benvie I would prefer to not have a loss on my investment. Are my concerns unreasonable? Anyone? Yes & no. No one prefers to take a loss on an investment so your concerns are quite reasonable. However investing is not a guaranteed isk generation activity so your concerns are unreasonable as well. Especially in light of the terms of the investment. {shrugs} You can choose to continue holding your "cards" (so to speak) and see how the hand you've bought in on plays out or you can fold cashing out for as best as you can get. From the math it sounds like if there is a loss, it is minimal. Mostly just wasted time. It's A GIRL!!!!!
Shadarle	Posted - 2007.09.23 22:23:00 - [13] Originally by: Benvie I would prefer to not have a loss on my investment. Are my concerns unreasonable? Anyone? Not unreasonable at all. You can contact MP and have him buyback your shares at 950k each if you want to get out. That is your choice. But as he said, if you choose not avail yourself of that option then you're deciding to keep investing in him as a person... and that may turn out well for you or it may not, it is your choice though. Tanking Setups Compared Stacking Penalty / Resists Explained
Benvie	Posted - 2007.09.23 22:23:00 - [14] Edited by: Benvie on 23/09/2007 22:24:14 I agree with what you're saying. There's no guarantee that I will make a profit on this. The only guarantee I do have is that I can trade my stock back in at a small loss. Despite my stated desire to have more information provided about the state of this business, I would prefer to continue waiting it out based on the reputation that Motivated Prophet has built for himself and in the hopes that I will someday see some sort of return on this investment. Despite that, I'm still going to stand by my desire for more information which I believe is entirely reasonable.
Dr Slurm General Commodities	Posted - 2007.09.23 22:28:00 - [15] MP you are being a little too defensive. One of you shareholders asked for an update. That is completely reasonable. Especially considering the recent changes with mineral compression. Which if I recall was a major part of your business plan. <sig> Tired of the inane ramblings of the incompetent? Click here </sig>
Shar Tegral	Posted - 2007.09.23 22:32:00 - [16] Originally by: Benvie Despite that, I'm still going to stand by my desire for more information which I believe is entirely reasonable. I completely understand. It's A GIRL!!!!!
Ray McCormack hirr	Posted - 2007.09.23 22:39:00 - [17] Originally by: Motivated Prophet I continue to buy back shares at just under 950k isk apiece, anyway, so you're more than welcome to take that option rather than call my integrity into question, if you no longer feel an investment in me is a good one. Actually, I'm going to call shenanigans on this. There is no publication of what NAV currently is. So investors have no measuring stick on which to calculate the value of their shares. Either give them some information with which to base it on, or give them a decent buyback option. Offering to buy their shares back at below IPO is an insult. 800mm Artillery II BPO Auction Ask me about Secured ISK Loans.
Dark Shikari Caldari Imperium Technologies Firmus Ixion	Posted - 2007.09.23 23:53:00 - [18] This is getting absurd. TINY. was advertised as a mineral compression IPO, but there have been basically no updates except "Hey I'll buy back your shares!" Come on MP, you can do better than this. At least explain why there aren't any dividends. 23 Member EVE Video makers: save bandwidth! Use the H.264 AutoEncoder! (updated)
Nebuchadnezzar I Art of War Cult of War	Posted - 2007.09.24 00:25:00 - [19] I agree with Ray and DS tbh. This was advertised as a mineral compression IPO, not as something else as vague as "you". An update on current IPO situation, including NAV, is nothing short of resonable to ask for at this point. I personally expected to see you make those on your own initiative.
Hexxx Minmatar	Posted - 2007.09.24 01:52:00 - [20] I think your buy-back price is dictated by the NAV of your IPO (I read your prospectus again), so posting your current NAV (and perhaps some commentary on your business) would be highly desirable. Consulting, IPO Template, and Stock/Bond definitions.
EBANK Ricdic Eve-Tech Savings n Loans Zzz	Posted - 2007.09.24 02:26:00 - [21] Only MP could start an IPO, get XX billion isk and find a way to pay virtually nothing on it equalling free isk. Reminds me much of Chribba's enterprise. I 'may' or 'may not' pay you dividends on your investment. Nothing against MP, but if this was BMBE, ISSO, C-R-A or any other corporation they would be getting blasted for doing something like this. What was the ROI at the moment? 2.5% ROI for 6 months? 0.41% per month Knowing MP all I can think is that he has a big dividend coming out soon but still, these shares were ones I never touched specifically due to the inconsistencies. You 'may' get a dividend tomorrow, or next year. It may or may not be big. But feel free to have no information and sell your shares at a loss to me any time you want.
Motivated Prophet Zerodot Schools Power Corrupts Industry's	Posted - 2007.09.24 02:30:00 - [22] Actually, buyback price is dictated by the price paid for the (cheapest of the) shares, minus one isk (those who invested in the first round paid 950k apiece for their shares). As such, buyback has nothing to do with NAV, except insofar as, in the case where the corporation has lost isk since inception, buybacks lower NAV, and if it has gained value, buybacks raise NAV. It was originally a mineral compression IPO with extensive market speculation on the side. As it turned out, mineral compression was not particularly profitable, but related activities were, and I have pursued those. Unfortunately, those don't exactly result in a lot of free isk floating around, nor do they lend themselves to easily-quantifiable values such that I can do a simple balance sheet and tell you the current NAV. How about this--I'll tell Ricdic or DS (basically, whoever amongst those two is interested and finds me on MSN first) what the isk is currently tied up in. I'll furnish proof if requested. If they do not feel that I have been straightforward with my investors and lookers-on (Nummb is a recently-sold character and, unless my share interface deceives me, does not hold any TINY. shares), I will happily disseminate that same information more widely, and put up a vote. If the vote goes against me, I will liquidate everything immediately (or place it in trust to be liquidated) and dividend out all resulting isk. How does that plan strike everyone in terms of a balance of corporate accountability versus trade secrets? MP -- Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression!
Motivated Prophet Zerodot Schools Power Corrupts Industry's	Posted - 2007.09.24 02:32:00 - [23] Meh, after reading Ricdic's reply, **** it. If I'm not trusted, that's fine. I'll put out a vote for corp liquidation tomorrow evening when I get back from a bit of on-site work I need to do. Most of the profit's already been made, anyway, so it won't be a huge loss relative to what, in my opinion, it could have been. But it still angers me that it comes to this. MP -- Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression!
Nummb	Posted - 2007.09.24 02:50:00 - [24] Edited by: Nummb on 24/09/2007 02:54:58 Edited by: Nummb on 24/09/2007 02:53:35 Wow there MP...I am not a bought character. I bought "Skyl3r" with money I had raised with Nummb, trained to a higher point and sold "Skyl3r" last night for 1.3bil isk. Nummb is my original character and I have had sole custody since I started Eve in June of 2006. I created Nummb on June 21st 2006 and tried the game out and ventured out during that time. Now, I did not mean to get you all fired up, I explained to the boards a few days ago that I just recently was able to log back onto the game after a 7 month military deployment. All I wanted was an update I don't know how to link in a screen shot, but my wallet shows me having 100 shares of Tinydot. edit...Ok, that link was for my other test pilot I trained up and offered to sell In some wierd way I thought that I could make isk by creating characters, training them up and then selling them for isk. It of course is a wash as I have probably lost money on the venture due to my deployment but that doesn't change the fact that I am not a "bought" character.
Motivated Prophet Zerodot Schools Power Corrupts Industry's	Posted - 2007.09.24 03:03:00 - [25] Originally by: Nummb Edited by: Nummb on 24/09/2007 02:54:58 Edited by: Nummb on 24/09/2007 02:53:35 Wow there MP...I am not a bought character. I bought "Skyl3r" with money I had raised with Nummb, trained to a higher point and sold "Skyl3r" last night for 1.3bil isk. Nummb is my original character and I have had sole custody since I started Eve in June of 2006. I created Nummb on June 21st 2006 and tried the game out and ventured out during that time. Now, I did not mean to get you all fired up, I explained to the boards a few days ago that I just recently was able to log back onto the game after a 7 month military deployment. All I wanted was an update I don't know how to link in a screen shot, but my wallet shows me having 100 shares of Tinydot. edit...Ok, that link was for my other test pilot I trained up and offered to sell In some wierd way I thought that I could make isk by creating characters, training them up and then selling them for isk. It of course is a wash as I have probably lost money on the venture due to my deployment but that doesn't change the fact that I am not a "bought" character. Meh, it was a poorly-research comment, and probably borders on ad hominem. My apologies. I'm nonetheless still upset about the path this might take. We'll know if my shareholders tend to agree with me when I put up the vote tomorrow. I won't be voting with my shares or with corp shares, before you ask. MP -- Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression!
Shadarle	Posted - 2007.09.24 03:10:00 - [26] Edited by: Shadarle on 24/09/2007 03:11:14 Originally by: Motivated Prophet I'm nonetheless still upset about the path this might take. We'll know if my shareholders tend to agree with me when I put up the vote tomorrow. I won't be voting with my shares or with corp shares, before you ask. MP I'm not a shareholder, so my opinion may not matter much... but this seems like a very rash move. I mean, it seems liked you offered no feedback for a very long period of time and offered a single small dividend over a period of many months. It doesn't seem too far out of left field that people would have wanted more information. You seemed willing to provide it... but now because someone has questioned your character you are getting very upset and offering to throw in the towel? Nothing that was said seems too harsh... in fact people seemed to be quite nice to you considering the complete lack of information and dividends they had been getting. ISSO got slammed EXTREMELY hard and they provided far more info and far more dividends. If you're going to throw a hissy fit because one person questioned your integrity then maybe the vote is indeed a good one as you're lucky thats all you got hit with after all this time. Though it seems like providing that vote without first providing the slightest bit of information to your shareholders is doing them a great dis-service. They should know what they are voting on and how successful/not your business has been and how well you think it will go in the near future. Again, you can completely ignore this post if you want since I don't own a penny of your stock Tanking Setups Compared Stacking Penalty / Resists Explained
Proton Power Amarr Power Corrupts Tech Axiom Empire	Posted - 2007.09.24 03:13:00 - [27] Considering I think I own about 40% of Tiny, 29% atleast, have not signed in to check exact share count not sure you will need a vote, I vote don't liquidate. Then again I know whats going on a lot more than others so maybe its considered insider trading or somthing lol. I do agree a little more public info would be nice, but does not change my trust in you. I backed you from day 1, I was a little worried when you opened up the 3rd (or the bigger side of IPO number 2) but still back you. I think between all my investments in you I own about 7-8-9bil isk in shares in you. Anyway if your liquidating I need to know sooner than later so I can re-invest this isk before I go on deployment, hate to have that much isk idle. ----------------------------------------------- http://oldforums.eveonline.com/?a=topic&threadID=439797Cli
Hexxx Minmatar	Posted - 2007.09.24 03:18:00 - [28] Originally by: Motivated Prophet Actually, buyback price is dictated by the price paid for the (cheapest of the) shares, minus one isk (those who invested in the first round paid 950k apiece for their shares). As such, buyback has nothing to do with NAV, except insofar as, in the case where the corporation has lost isk since inception, buybacks lower NAV, and if it has gained value, buybacks raise NAV. It was originally a mineral compression IPO with extensive market speculation on the side. As it turned out, mineral compression was not particularly profitable, but related activities were, and I have pursued those. Unfortunately, those don't exactly result in a lot of free isk floating around, nor do they lend themselves to easily-quantifiable values such that I can do a simple balance sheet and tell you the current NAV. Actually; this was pretty much what I was looking for. Just some basic commentary on where things are. I understand the focus has shifted and you've done what any good businessman would; adjusted to changing market conditions in the persuit of profit. For that; I offer you my praise. I also offer my apologies for my error in buy-back pricing, I had a horrible signal when I wrote that (I was on a moving train) and was having issues focusing as well. Now then... In terms of attestation to your current business practices, I think this would easily quell most concerns. People just want to know how their investment is doing honestly. If you believe there have been and are still good profits with the venture and the administration of it isn't terribly burdensome to you personally, take the time to communicate what you can so that investors can make the right choice. My biggest concern with public money managers will always be "burn out". If the administration or it or other stresses are too much, there is no dishonor in respectfully backing out and liquidating a venture. As much as I love the markets; RL is the most important thing. Consulting, IPO Template, and Stock/Bond definitions.
Benvie	Posted - 2007.09.24 03:54:00 - [29] I personally don't want to see it liquidated either. I just would like some sort of valuation of the company and an inkling of what the status of it is.
Dark Shikari Caldari Imperium Technologies Firmus Ixion	Posted - 2007.09.24 04:43:00 - [30] MP, please contact me on MSN ([email protected]) 23 Member EVE Video makers: save bandwidth! Use the H.264 AutoEncoder! (updated)

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