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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.10.04 04:02:00 -
[1]
We have been chatting a fair bit over the past week amd I feel very confident in this offering. It was a personal purchase (not through EBANK) and as always there is a risk involved in purchasing.
As a direct result of my assistance in making sure his business plan was ok I was allowed first dibs on those shares in which I have purchased the entire first sale (1.75b) worth.
This is a very unique offering. Matalino has done a lot of research on this, and even the design of his launch is unique and fairly geared towards the investors.
It has to be stressed though as it took me a while to understand, that there will be no dividends for the first 24 weeks of the operation. So anyone looking for a quick return should look elsewhere.
I look forward to seeing how this goes, and yes I have seen a far more detailed business plan (can you believe it gets more detailed ) and I strongly advised Matalino not to put that information in his business plan. Frankly I think he has said a tad too much already 
Anyway, invest on your own merits. There are no securities and Matalino is a fairly young character but I have a good feeling about this so am gonna go ahead.
One question Matalino. Are you going to release shareholder's names? There is a nice big debate in play on this forum, and at least thus far it has been determined that one should decide on this factor at IPO launch. It's your call, but either way I will stay invested 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.10.04 04:27:00 -
[2]
Perfectly acceptable answer. Just means I can't show off my epeen as much as I would like too 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.04 05:41:00 -
[3]
Originally by: Shadarle tered the first down side to not listing them. As I am currently going to refuse to invest on those grounds. I may invest in the future, as I really like the idea of the business. But for now I am going to hold to principle.
Stop worrying so much Whether he lists them or not, has no bearing on the outcome of this corporation. I am happy to chat with him about an agreement as a director to ensure nothing fancy is happening with shareholders (ie he holding more/less than he should be etc).
If you only ever invest in those who list shareholders your investments will be minimal and you will miss out on a lot of good offerings.
Frankly, I think the design of this IPO is extremely good, as well as the structured share sales. This is (imo) probably one of the best documented business plans I have seen in a long time, and after seeing the extended one I would buy out the whole thing if I had the isk available (and if he let me, I already asked in other thread )
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.04 14:09:00 -
[4]
Originally by: Firid Soulbane
You are gonna mange 24 accounts and 72 characters on your own? What about standings?
This was my first concern as well. In regards to standings he has some smart ideas that will work (has already been tested) I will let him explain it if he wants too but that kinda opens things up for people to know everything.
Quote: Are you gonna manage all those accounts on your own or is there someone else helping out?
Lonesome, sharing accounts is against the EULA!
Quote: How do you plan on skilling up the characters to maximize datacore yield? Not just in the end but in the early days as well? Say you spend 8 weeks of skilling on each character during the first 24 week phase. How many datacores will such a character get?
This is all in the detailed business plan in a looota detail
Quote: Why wont you disclose any numbers (profit prediction/datacore yield)? I mean all the numbers should be available out there to the common man if he did the research.
I can assure you that if people see how he does it, his market will be swarmed with others diving in, GTC prices may rise, and datacore prices will fall. Would mean risking hardcore failure.
Quote: from an investors point of view you promise us 8% return but not so many details on the viability of datacore profit versus GTC expenses.
Always going to be an issue but I have strongly advised him against releasing these figures. Hexxx is a business analyst in real life so I would recommend him as one of the other directors, and possibly a skeptic as the third. If you don't trust the OP, or my business sense (well, both) then don't invest. Obviously I am not guaraneeing it, but it can definetly work and in my opinion is better than almost any other IPO I have seen released.
Haven't read down yet, knowing my luck he has already answered these 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.04 14:13:00 -
[5]
this sounds pretty good, but i'm not going to race people to try to buy some shares. not when you have people that routinely go and pretty much buyout ipos.
gl to those that get them.
edited: if you want to go that route, why make a public offering? just talk to 2 or 3 people and let them buy you out.
Assuming you are talking about my purchase, it was a condition of release due to my assistance in helping him get everything organised. Nothing has been reserved in any way beyond what has been clearly documented in the business plan.
Quote: sorry, just one of my pet peeves, when people have no limits initially, on share per person, and they get bought up before others get into it. or before X number of people can get into it.
There will be plenty of other shares available, or I can sell you 50 @ 10% above cost if you want.
Quote: like i said, one of MY pet peeves. especially when the plan was announced, with the "first batch" of shares already sold to one person.
Imposed Condition. Better to advise the public of it, than me automatically put my post in the second he makes it. This was pre-determined a few days back after we were comfortable with everything in the business plan. If you want the chance to get in early on upcoming IPO's you are free to offer advice and assistance It is actually quite rewarding and definetly not just in a financial sense.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.04 14:43:00 -
[6]
Originally by: Ray McCormack
Originally by: Ricdic Lonesome, sharing accounts is against the EULA!
You need to check that again.
Ok, sharing accounts with anyone but your kids is against the EULA 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.10.06 01:50:00 -
[7]
Originally by: Rasta Farian When an account is innactive does it keep generating RP?
Yes
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.10.09 02:03:00 -
[8]
Some great questions mate, I will answer a few of those concerning my involvement 
Originally by: Amicus Pauperi However, whether it be the large commitment put forth by Ridic or the elegant simplicity to your venture, there hasn't been as much vetting as normally seems to occur with IPOs.
I would like to hope this is directly related to the merits on the business plan as well as Matalino's achievements with his prior corporation and not simply because I invested.
Quote: Please correct me if I'm mistaken, but the Board of Directors is simply an oversight group. Members of the Board are not vouching for your trustworthiness, or guaranteeing that you are not a scam. Ridic's status as a Board member, his 1.75B investment, and posts defending the corp muddled that point a bit until I re-read everything a couple times through.
This is correct, as a director I have no ability to prevent a scam in any way, but my vested interest means a loss for myself in the event that he does scam. I was working with Matalino for a week or so prior to his launch making sure everything was ok with the business plan etc. Frankly there wasn't a whole lot that needed changing as it was already heavily detailed.
I think my main request for him, was to put a simple summary in there for those of us who don't understand all the big words . Whilst it hasn't been completely discussed yet, as a board member I would like to think I can influence his decisions on changes etc or point him in the right direction if I feel things aren't being done as efficiently as they should. I don't believe there is any other director at this point.
Quote: Just want to be absolutely certain. Also, will the Board also be doing audits of the books?
I wouldn't be against this, but will let Matalino respond.
Quote: If you can guarantee 8% monthly returns even if prices get quartered and GTCs rise 33%, I imagine there will be a lot more profit than what is paid out in dividends. You stated that it will be "paid out through increased stock value" initially. Fine and dandy. What does that mean realistically? Billions of ISK will sit idle in the corp wallet?
Excellent question. We have mostly considered worst case scenario in this IPO and totally missed the "Best case scenario" likely outcome.
Quote: will their (board) names and share number be released?
I personally don't have a problem with this
Quote: If a majority of the company is owned by board members and they have decision making powers, I would like to know who else is in control of my cash, and how much they stand to make from their decisions.
My ownership will stay at around this point (10% or so)
Quote: Ridic answered that RP accumulates with an inactive account. I can't find anything from CCP on this issue
It has been that way since the dawn of R&D. People always had increased RP regardless of inactivity. Much like skill training (except obviously that finishes upon skill completion).
Quote: I can't imagine they'll let it go on forever.
Possibly not, but they have for the last 4+ years.
Quote: The next logical jump would be that you'll be using this RP loophole and use GTCs to simply "harvest" the datacores.
I have spoken with Matalino about this, and considering increasing the quality of those characters to allow higher level RP gains and the likes off higher level agents. Obviously it is a feat with so many characters but he has 12 months to play with and it always increases profit potential so we shall see.
Quote: And I must say, the recent spike in Mech Eng datacores must be a nice bonus 
Now you know why he started the operation. The impending release of Rev3 can only take those datacores one way.
Quote: And for epeen fun... will this IPO be one of the largest public launches in EvE?
Well it's only 20-30b.
His initial prospectus was to choose between 2. Either a 25b one, or a 50b one.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.09 02:04:00 -
[9]
I recommended that he do the 25b one as I felt people (including myself) would be more comfortable with this rather than such a large increase off KTI.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.09 05:54:00 -
[10]
Good answers. I would say the spike in Mechanical Engineering datacores is currently attributed to speculation on the new ships in Rev3. I can admit I may be partially responsible for this spike, but there are plenty of others capitalising on this at the moment.
I believe the market price will continue to rise as more and more people try to capitalise, and most will be holding their datacores waiting for Rev3 to hit. Some others will sell shortly before Rev3 as prices at that point may be high enough to bail out before the market is flooded with them (bringing the price back down).
Rev3 will show a fairly large increase in demand to datacores, and I believe it is in Matalino's best interests to hope that demand exceeds supply, so when his 10,000 characters show up they can blast the market.
As Shar has advised (through msn) he obviously has to be careful that he doesn't personally cause the market to become flooded thus self-inflicting loss of profits due to reduction in unit value. I am sure Matalino is more than competent to handle this situation.
(note: it's spelt competition Matalino)
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.13 18:09:00 -
[11]
Originally by: VariableK
Don't get me wrong I'm not playing the newb card here and I know...its a crual hard world out there so I'm not asking for any favoritism or hand holding, but I would encourage everyone, especially the large investors, to try and let some of the small frys get a chance at owning some shares by not buying out everything ASAP.
Welcome to these forums, it's nice to see new faces in here (especially those looking to invest rather than creating a character to request money). I bought out Matalino's first offering but am happy to sell you a few million isk worth of shares at purchase price (no markups at all).
Let me know how much you want and I will fix you up (<5m)
Think of it as a welcoming gift (that you still have to pay for) 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.14 03:11:00 -
[12]
Originally by: VariableK
Second, I know I am going to be kicking myself later for this but I feel I need to decline your offer. It just doesn't seem fair to all the other investors that because I am just starting, I get a shot at some shares. Yes they are yours and you can do what you want with them but I dunno....Let me give you a really bad metaphor...If I'm am going to take this dive into investing, I want to be able to say I dove off the high board, performed a perfect swan dive and either smacked the pavement or hit the water without any safety net.
Great metaphor, understood completely. I am glad you responded in the way you did, it was on my mind as I was writing the post, except I figured 5m worth of shares isn't enough to inconvenience anyone. Anyway the offer is there if/when you want it . Welcome again, and yes I post way too much in these damn forums. 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.15 06:10:00 -
[13]
Hehe, the Matalina IPO would be insanely high profit if Mech Eng sat at 20m per unit. But this won't happen. Probably just someone buying all market stock and trying to capitalise on Jita.
Question is how long he can hold the price at that level, how fat his wallet is. He may be counting on that product dropping from the 20m, but hoping that his high start will encourage 19.9m sells, and counter wars down to 15 or so, at which point he can modify his order and force the market to follow his stride.
But attempting manipulation on this entire field is one hell of a feat. It can be done and we may still see it occur but it will take a hell of a lot of work.
Usually manipulation at such a percentage won't work, but I have seen and been responsible for times that it has worked. Anyone rememeber Stolen Formula's for 160m per unit . Before that coo started I had 87 units purchased for 20-35m each. Was able to force the market into an upward state and hold it there long enough to sell the majority of my stock. I also had other suppliers of them I had contacted advising them to set similar pricing to which they did.
It's definetly possible to manipulate your market, the idea is to get there first, know where your limitations are, and cross your fingers and toes. Also working with your major competitors rather than against them makes it a far easier job.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.15 15:25:00 -
[14]
Originally by: Matalino
Originally by: bluejeansandpudding Do you give shares for assets?
I am not sure what you mean by this question.
He is a troll.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.18 12:42:00 -
[15]
Originally by: Minerva Vulcan I don't believe he takes reservations. If I remember it's on a first come, first served basis when he releases the next batch.
Correct, but he is on my MSN list, so best of luck to you all 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.18 15:21:00 -
[16]
I suggest you give 24h notice before the next share offering. Allow no reservations/purchases until precisely after that 24h period. This way people have time to see it and allow for it. Much like making sure you are available when an auction is nearing completion so you can catch the last bid.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.19 03:54:00 -
[17]
Originally by: Lil'Kim My godness, this stinks to high heaven. Its farking obvious thats its run by riddic & his alts. I can't say whether its a scam, but the overuse of alts is not something I find trustworthy.
Invest at your own risk.
Lol that's gold. If you read Matalino's business plan you will see it's far smarter than anything I could write up 
Or maybe we should compare IP addresses for verification.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.24 10:01:00 -
[18]
Just remember Kitex it is only a discussion thread at this point. I wouldn't spend too much time understanding the specific changes until it passes the discussion phase.
It's like me buying up 10 billion isk worth of Quafe due to hearing about the walking on stations change that may be happening in a year or two.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.24 15:45:00 -
[19]
hehe well it's always possible that this was his master plan. Who knows. But I don't think anyone would be able to pull off such a stunt. Plus he didn't offer me anything, I read the plan, discussed some changes, and then a few days later advised I wanted the first batch 
If we don our tin foil hats we may be onto something 
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.24 16:47:00 -
[20]
Nah the tin foil hat thing was ie if we assumed that he had planned for all of this to happen from the start, that's all.
Quote: I never suggested he offered you anything (beyond the first batch of shares when you asked for them). I don't for a moment believe that he bribed you or similar - if that's how you read my remarks.
No not at all, was more that his plan would have been extremely well thought out if my buying it out was part of his master plan
Quote: a) The initial plan is structured so that it behaves exactly like an unsecured loan rather than like an IPO.
Agreed
Quote: b) That you either never noticed or never commented on that fact.
As you have said, the initial plan shows precisely the information you need to make the assertion as to the type and design of the operation. The advanced material available to the board is operational material that can be used in direct competition against him. Basically the dummies guide to datacore harvesting with (almost) step by step instructions, complete information including agent listings, datacore amounts per agent, time/amount of missions required for standing, times when skills finish training etc etc.
All information that the public needed to know is in the document publicised. I am runnning through the advanced document once more to make sure.
Short of exact timelines on what should be training here, what should be active/inactive when, etc I cannot see anything relating to the board themselves that would require me to comment on it. Someone offers a business plan, I am asked to comment on the ability of that business plan to succeed after reading the details. I comment that his business plan is sound.
I may suggest Matalino reads out the exit strategy from the advanced report, as that gives some info that may be useful to people interested in investing.
Quote: c) That when I pointed that out in an earlier thread, neither you or he disputed it - despite it being VERY easy to demonstrate as being wrong if it was an incorrect statement by me.
I am not here to correct you, I have my own dealings to attend too. My purpose here is to advise that his business plan is well thought out, and in my opinion well worth investing in. Now, when I purchased 1.85b worth of this investment I knew there was a fixed return, and I also knew there would be a buyback later. As with all businesses, there was always the risk of failure/scam, and in this case the lack of fixed assets may cause some problems.
Quote: Do you disagree with either of those 3 assertions?
Course not, I just think it's far fetched to believe that everything that has happened with this IPO has been planned down to the last letter. That's where the tin foil hat came from 
Quote: make more comments about tin-foil hats etc?
Tin Foil hats are purely awesome.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.24 17:59:00 -
[21]
Nice posts by both Cabernetta and Matalino.
Some Jerry Springer type stuff happening here. But I do agree completely, as one of the majority investors at this point, I invested based on what I first read, and not any expectation of extra isk. Sure it was always in my mind that he would be making a fortune for it, but really. How many other people in their right mind would have the patience to handle an army of 140 odd characters? Hell, I had about 18 in total and that was hard enough (Research alts on multiple accounts, search the name Ricdic in P&P for the barmy army.)
So whether this stays as is, or changes over to the new proposed model (whatever it may be) I have no regrets on my investment at all.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2007.10.24 18:34:00 -
[22]
Originally by: Fitz VonHeise
You do realize what this could sound like don't you? If several people have said they were going to buy out the whole amount and you have 5 people sending in that amount and hundreds of others sending in other large amounts you could end up with literally hundreds of billions of isk.
What assurances are there that you are going to send back the ISK of people who didn't make it in time? This whole IPO (which sounds very promising) could have been concocted to bring us all to just this point where you get all the ISK and say ta-ta.
The tinfoil hat theorem is strong with this one. I get what you are saying Fitz, and I do agree that Matalino is a smart bloke but really. If he has managed to mastermind my involvement, my partial purchase, my sticking up without pointing out the blindingly obvious, my backing a potential change involving higher funds that was brought about by a non-investor (Shadarle's) discontent, and resulting in a 5 page discussion, aka epeen contest. Anyway, all this leads up to the conclusion that this IPO was structured in Tiers in the express knowledge that each would be highly sought after, and Matalino would walk away with 750 billion isk.
This is only a small offering this one. He may get 6b when he only needs 2b.
If you feel uncomfortable by this I am happy to work as a trustee for the transfer, but please be advised that if anyone advises this was my master plan, to fake this IPO through an alt, and then under the guise of a security run off with excess funds obtained through coersion and poor communication, thus pulling the ultimate scam of 6-7b, then I will hire KIA to kick their asses.
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
|
Posted - 2008.01.10 05:11:00 -
[23]
It's not about missions. It's related to skills.
http://oldforums.eveonline.com/?a=topic&threadID=500043 Largest Empire Research Alliance in EVE! |
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