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Ricdic
Caldari
Corporate Research And Production Pty Ltd
Zzz
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Posted - 2007.10.04 14:43:00 -
[31]
 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 
Need Empire Research Slots. Click here |
Matalino
Gallente
Ki Tech Industries
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Posted - 2007.10.04 15:15:00 -
[32]
Sorry for the delay in replying to everyones questions. The announcement was made just after everything was setup and ready to go, but only a few hours before I needed to go to bed. Looks like Ricdic handled most of the questions while I was typing, but I will still post all of my answers anyways.
Bringing Sexyback, I am at work right now, when I get home I will return your ISK. For accounting reasons I will require you to resend the ISK to the corp. I have also attempted to make those instructions stand out a bit better so that others can see them. If anyone knows what the tag is to increase font size let me know. 
Kitex, thanks for pointing out those typos. They have been corrected. They were caused by my changing the share size from 10M to 100K at the last minute to allow more flexibilty for buyers in the later phases. I will have a look at your question when I get home, and answer it if I can. Obviously some information needs to be kept quite and I appreaciate your discression in this area.
Shadarle, I am sorry to hear that you will not be investing. As Ricdic has already pointed out, who holds the shares is ultimately irrelevant to the success or failure of this venture. Ultimately the success of this venture is dependent on my integrity, and to a much lesser extent the future of the Datacore market. I have stated my reasons for this desion, and I believe that those reasons are sound. I would like to know what the downside of keeping the shareholder information secret is, asside from you not investing based on the principle.
If you have a specific concern regarding shareholder composision, I would be happy to discuss that concern with you in private. If you are able to raise a valid concern I would concider changing my policy after informing shareholders and giving them time to adjust their portfolio holding habits. However, I expect that any advantage would be vioded by the expected use of portfolio alts. As stated in my reasoning, this practice might be important for some ventures, but I do not see any avantage gained in this case. I would ask that if you wish to discuss this policy further that you do so either in private with myself or in the thread orginally created for that topic so as to not derail this thread.
Trading Bunnz, while the list of shareholders would not be a part of my normal reporting to them, I will provide the Board of Directors with whatever information they request, including the list of shareholders. I expect that the Board of Directors will keep that information confidecial.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.10.04 15:16:00 -
[33]
Firid Soulbane, As I stated in the Q&A section, I cannot disclose how the standings will be obtained, beyond saying that a plan is in place. This plan has been reveiled to Ricdic (he asked the same question) as a Member of the Board of Directors. I am sure that he will back me when I say that it will not be a problem, but we cannot say more than that.
As for Datacore yields, these too have been very carefully projected. The yields during the first 24 weeks have not been calculated because they will vary greatly depending on the exact order in which the skills are trained. The yields during this time are too small to be worth calculating. The yields expected after week 20 have been calaculated to several decemil places and are known to the Board of Directors.
Originally by: Firid Soulbane
I mean all the numbers should be available out there to the common man if he did the research.
You are exactly correct in that statement. The only thing that you are missing is that the common man won't do the research. The entire value of this operation is in the fact that I have done the research very carefully. If I were to disclose that research, there would be nothing left for you to invest in. As it is, I have problably said too much.
As for managing the characters, the most painful part will be the first month or so while the short skills are trained. Once I get into the longer training times it will be little to now work to keep things moving along on target. As I have tried to explain in answer to your earlier question, the logistics for getting the standings is already in place and will not put undue pressure on me.
There is no possiblity to sell the characters at the end of this venture. As such there is already a couple of plans for paying out the prinicple cost of the shares, the simplest is already set forth in this outline: buying back share value through bonus dividends. Nearer to the end of the 24 week growth period I will present some options to shareholder to see what their prefered rate and means of closure will be.
Should I die or otherwise be suddenly unable to play Eve, there is no way to pay out investors. However, that is a constant risk with any venture, and I do not believe that it will be an issue.
Amaldor Themodius, that is one of the possiblities that I have concidered. There is also the possiblity of players trading these shares among themselves. As this venture matures I am confident that the value will only increase. All of my projections have been made on worst case scenarios, so if anything share value is under- not over- rated.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.10.04 15:16:00 -
[34]
Originally by: Ezoran DuBlaidd
why make a public offering? just talk to 2 or 3 people and let them buy you out.
This venture is dependent on a staggered fund raising model. If those 2 or 3 people buy out the first few phases then drop out in the last few, it would limit credibilty to then come to the public to raise funds for the remaining phases. Further, this project has potential to expand at whatever rate that the public is willing to finance and that I am able to manage the characters. There is much more potential for success by taking this to the public.
As for Ricdic's purchase of the first phase, I felt that I needed to bring in someone independent to verify the detials of my business plan as I cannot disclose it to the public. When he saw how good it was, I was not suprised that he want to invest heavily. The size of the first phase was fixed by the costs of creating the characters, there was no room to make it larger to allow more investors. We could have released it to the public, but it would have been pointless because as soon as he say the post he would have bought the entire thing just the same. I couldn't very well refuse to accept his investment after he has taken the time to review the plan and provide feedback and offer to stand as a witness to its viability. So we dicided to proceed as we have.
As Dr Slurm, had I limited Ricdic to a set number of shares, he could, as could anyone else, buy up all the shares that he wanted using alts. It is because of this arms-race of alt usage that I have decided not to limit shareholder percentages nor disclose shareholder information.
SexxxSlave, yes shares are available (I think, I haven't checked to see if they have sold out) if you send the ISK directly to [DATAC] Datacore Harvesting I will send you the shares are soon as I get home work(if I have some how managed to sell out by then your ISK will be returned). Shares will be sent based on the order the ISK is received by Datacore Harvesting so it is best to send the ISK now rather than waiting until I am online. (possibly one case exception for Bringing Sexyback so that she can resend the her ISK to the correct place) I will update this thread and the corp discription as soon as I have sent the last of the shares so that everyone knows if shares are available.
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Datacore Harvesting IPO |
Krazy Bitsch
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Posted - 2007.10.04 15:25:00 -
[35]
Originally by: Matalino
Business Operations
72 characters will be created on those accounts and their only training will be to maximize Datacore yields.
Maybe im missing something, but ummm what? You can only train one char at a time on an account. Are you saying that youre going to train one char up and then another and then another? Thats a waste of time.... |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.10.04 15:32:00 -
[36]
Originally by: Krazy Bitsch
Maybe im missing something, but ummm what? You can only train one char at a time on an account. Are you saying that youre going to train one char up and then another and then another? Thats a waste of time....
It would be if it wasn't carefully planned out. But yes, all three characters will be trained and it is worth it due to their high level of specialization and the careful planning that went into their creation.
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Datacore Harvesting IPO |
Aerpe
Minmatar
Es and Whizz
Hedonistic Imperative
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Posted - 2007.10.04 16:42:00 -
[37]
Edited by: Aerpe on 04/10/2007 16:44:16
Edited by: Aerpe on 04/10/2007 16:42:48
24 accounts, anyone actually paying for that many accounts?
Ok if it's GTC for isk but to actually pay the entry fee?
478,80Ç, dang. That's more than half my rent.
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Matalino
Gallente
Ki Tech Industries
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Posted - 2007.10.04 16:56:00 -
[38]
Edited by: Matalino on 04/10/2007 17:00:45
Originally by: Aerpe
24 accounts, anyone actually paying for that many accounts?
Ok if it's GTC for isk but to actually pay the entry fee?
478,80Ç, dang. That's more than half my rent.
Secure GTC trade 101 - Updated Originally by: GM Nova
Q) Can a trial account use this service?
A) Yes, all you need to do is make sure the character has the required isk. You then log into the account management page to complete the trade.
You can activate an account using a GTC which is the plan and is our biggest startup cost and the primary use for this second wave of shares.
There is no way that I would be doing this if I needed to activate those accounts with cash, that would almost be my entire rent. 
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Datacore Harvesting IPO |
Rysith
|
Posted - 2007.10.04 17:13:00 -
[39]
I would like to purchase 1500 shares (156M worth at 104K each, if my math is correct). I can't get into Eve at the moment, but I will send the money as soon as I can.
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Aerpe
Minmatar
Es and Whizz
Hedonistic Imperative
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Posted - 2007.10.04 17:33:00 -
[40]
Originally by: Matalino
Edited by: Matalino on 04/10/2007 17:00:45
Originally by: Aerpe
24 accounts, anyone actually paying for that many accounts?
Ok if it's GTC for isk but to actually pay the entry fee?
478,80Ç, dang. That's more than half my rent.
Secure GTC trade 101 - Updated Originally by: GM Nova
Q) Can a trial account use this service?
A) Yes, all you need to do is make sure the character has the required isk. You then log into the account management page to complete the trade.
You can activate an account using a GTC which is the plan and is our biggest startup cost and the primary use for this second wave of shares.
There is no way that I would be doing this if I needed to activate those accounts with cash, that would almost be my entire rent.
Ah I see, you're not entirely insane after all :) Good luck with your venture.
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Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
|
Posted - 2007.10.04 17:45:00 -
[41]
Rev 3 should be out this year, correct? nov/dec-ish?
wonder what the changes in rev 3 will have on this long-term plan.
i mean, datacores dropped from millions to hundreds of thousands apiece. if people have a reason to start cashing in (i.e. lvl 5 researchers available vice lvl 4 and LOTS of rp on those lvl 4s); it could cause a larger dive, much larger.
or, what if the number of RPs per datacore drops again?
maybe i missed the part of speculation on what rev 3 will bring. i did notice the part of "anticipated worst case and gtc 240m and prices drop to half jita (300k instead of 600k) on datacores.
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Shadarle
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Posted - 2007.10.04 17:59:00 -
[42]
The speculation is that datacore prices will rise I believe and rise substantially in certain areas. At least that is the impression I've gotten from some inventors I've talked to. Which makes me think this is an extremely profitable venture.
Though I am curious why the price of a 30 day GTC was listed when a 90 day would be far more profitable.
And it's quite clear how this would work, it was already discussed in another thread.
You make 10 new accounts for example. You start training up 10 chars, grinding their faction in gangs. Once they have reached the required standing level you switch to new characters, etc until all 3 characters have the correct standing. You then finish the first character off skill-wise so he can use level 3 or 4 RP agents and then you move on to skilling the 2nd char, then the 3rd. Though you'd start making decent RP returns as soon as those first chars hit level 3/4 agents, so I don't know why it takes till week 24 to get decent returns.
Anyhow, this is not too complicated for anyone to do. I just don't have the time/patience to set up a completely new set of accounts and grind their standing up an then collect the datacores every month or whatever. But a venture like this will help to keep prices down, thats for sure.
Tanking Setups Compared
Stacking Penalty / Resists Explained |
Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
|
Posted - 2007.10.04 18:00:00 -
[43]
good information. thanks.
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Matalino
Gallente
Ki Tech Industries
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Posted - 2007.10.04 18:33:00 -
[44]
Edited by: Matalino on 04/10/2007 18:37:05
Originally by: Ezoran DuBlaidd
wonder what the changes in rev 3 will have on this long-term plan.
There are too many ways that the nerf bat can be swung to predict and plan for them all. The best that I can do is allow for a large general margin of error and hope for the best. In this case the margin of error is more than 2:1, so I feel quite safe with promising the returns that I have.
Originally by: Shadarle
The speculation is that datacore prices will rise I believe and rise substantially in certain areas. At least that is the impression I've gotten from some inventors I've talked to. Which makes me think this is an extremely profitable venture.
I agree with this speculation. If any of the new ship classes us Mech or Mole Datacores then I expect to be able to make my investors very happy.
Originally by: Shadarle
Anyhow, this is not too complicated for anyone to do. I just don't have the time/patience to set up a completely new set of accounts and grind their standing up an then collect the datacores every month or whatever.
Which is exactly why I can't reveal anything more about my business plan than I already have.
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Datacore Harvesting IPO |
Bringing Sexyback
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Posted - 2007.10.04 20:44:00 -
[45]
Thanks for addressing my error Matalino. I am currently at work but will tranfer the isk to your corp as soon as i get home this evening.
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Matalino
Gallente
Ki Tech Industries
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Posted - 2007.10.04 22:02:00 -
[46]
Edited by: Matalino on 04/10/2007 22:02:28
I just checked the corp's wallet balance through the API. It now reads 5,548,400,000. There were only 4,836,000,000 ISK in shares available. So that means that we have sold out.
I really wasn't needing to sell out until Oct 20. Obviously this went much faster than even I had thought. Not even 24 hours. 
Please do not send any more ISK as no more orders are been accepted at this time.
When I get home at approx 23:00 - 24:00 Eve Time, I will process the orders, and return the excess ISK.
Thank you for your interest in this venture.
I will announce when the third wave of shares will be available, but for now I am not accepting any pre-orders that far in advance.
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Datacore Harvesting IPO |
Genbukan
Best Buy INC
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Posted - 2007.10.04 23:12:00 -
[47]
Matalino, when do you plan on being online in game?
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Matalino
Gallente
Ki Tech Industries
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Posted - 2007.10.04 23:16:00 -
[48]
I am online and in-game now. Currently I am working replying to my EveMail and processing the orders.
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Datacore Harvesting IPO |
Genbukan
Best Buy INC
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Posted - 2007.10.05 00:02:00 -
[49]
Shares received thank you.
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Digital Nightfall
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Posted - 2007.10.05 00:12:00 -
[50]
Received shares, thanks
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Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.10.05 00:57:00 -
[51]
Edited by: Matalino on 05/10/2007 00:58:22
Almost everyone should have either their shares or their money right now.
There are a couple of people who have not received part of their money or shares because I am still waiting to straiten things out with Bringing Sexyback regarding the misdirected ISK. Those people have been notified and the issue will be resolved one why or another within 24 hours.
I am amazed at how quickly this offer has been bought up. Even knowing how good of an offer it really is, I am still suprised that it was completely sold out in less than 24 hours.
If this demand is even approximated in the future releases (and I expect that as people read the on going reports that it will) I would like to formulate a policy to handle it effectively.
Right now, I am going to get some dinner, and collect my thoughts. When I come back I am going to post some suggestions for that policy and seek some feedback from the community.
No need to post those ideas in this thread right now. I was hoping to keep this thread for those who have questions regarding the business and financing, so I will start a new thread for that topic.
But first, I need fooooooooooood...... 
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.10.05 03:00:00 -
[52]
It will be a couple weeks before I release the next block of shares, but when I do so, I would like everyone to get a fair chance to buy in. As such I am proposing a method for doing so. If you have any suggestions or input on how this will be done I would be gratefull for you input over in that thread.
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Datacore Harvesting IPO |
Pandora Shadow
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Posted - 2007.10.05 10:41:00 -
[53]
ill buy one share, ill be on in 8-10 hours =0
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Matalino
Gallente
Ki Tech Industries
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Posted - 2007.10.05 14:15:00 -
[54]
Originally by: Pandora Shadow
ill buy one share, ill be on in 8-10 hours =0
Sorry, but we are currently sold-out. If you keep an eye on this thread, I will release another batch of shares in approx 2 weeks.
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Datacore Harvesting IPO |
Rasta Farian
Rasta Tropical Club
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Posted - 2007.10.06 01:22:00 -
[55]
When an account is innactive does it keep generating RP?
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Ricdic
Caldari
Corporate Research And Production Pty Ltd
Zzz
|
Posted - 2007.10.06 01:50:00 -
[56]
Originally by: Rasta Farian
When an account is innactive does it keep generating RP?
Yes
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Sir Scorpion
Black Banners
|
Posted - 2007.10.07 07:27:00 -
[57]
Matalino
Contact me in game I might have something interesting to offer you
Thanks
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Atherin Gaius
Caldari
Domini Umbrus
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Posted - 2007.10.08 20:10:00 -
[58]
current investor of the Ki Tech bond and very happy and would like to invest in this opportunity as well.
Couple questions though.....
What is left for shares? and are we in batch one or batch two now?
your faq says you can buyy batch 1 until oct 13 but later it says that batch two starts selling on the 8th....Hopefully that means I can get in on the 100K shares.
Let me know so I can send isk.
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Atherin Gaius
Caldari
Domini Umbrus
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Posted - 2007.10.08 20:16:00 -
[59]
never mind...i should have read further down the post...
another one of the race for shares investing events...that is on MY pet peeves as well and will not invest in the future in this because of that.
Again the rich get richer and the rest of us get to watch.
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Atherin Gaius
Caldari
Domini Umbrus
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Posted - 2007.10.08 20:20:00 -
[60]
and if all the first batch of shares are getting bought prior to the announcement, why even say there is a first batch at x isk jsut so you can tell people that oh those are all gone, you need to pay more. "I'm sorry, that will be an extra 40mil. you can send it to me at teh following account."
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