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Matalino
Gallente
Datacore Harvesting
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Posted - 2007.11.23 02:34:00 -
[1]
Edited by: Matalino on 23/11/2007 02:43:27
DO NOT SEND ISK TO THIS CHARACTER!
ALL ISK MUST BE SENT TO THE CORP [DATAC] Datacore Harvesting.
The fifth batch of shares for Datacore Harvesting is going up on the auction block. With this batch, the target amount is 5.6 billion ISK.
Just like the last batch the auction will be held in the form of a count down. The date on which you send the ISK will determine the price that you pay. Price drops go into effect at exactly 00:00 each day, even if this post has not been updated to reflect the new price.
The full price count down will proceed as follows:
Nov 23: 160,103.22
Nov 24: 153,945.41
Nov 25: 148,024.43
Nov 26: 142,331.18
Nov 27: 136,856.91
Nov 28: 131,593.18
Nov 29: 126,531.90
Nov 30: 121,665.29
Dec 01: 116,985.86
The price will continue to drop until either the target 5.6 billion ISK has been raised or until the Dec 01 reference price has been reached. If this batch has not sold out by Dec 01 the price will remain at 116,985.86 per share until it does sell out.
Reminder - the baseline return of 4% bi-weekly is calculated from the reference price of 116,985.86 ISK per share. If you pay more than that price you will give up a portion of your potential returns accordingly. However, there is no assurance that shares will be available at that price. The previous batch sold out the day before the reference price would have been reached. This batch might sell out sooner, or it might not sell out until after the reference price is reached. It is up to you to decide what price you are willing to pay for these shares.
Before you invest, please read the IPO thread. If you don't want to read the whole thing, please atleast read the first and last pages.
If you have questions about the sale of shares you may post in this thread. If you have questions about the business itself, please post them in the Market Discussion thread.
I will update this thread with the details of how the auction is proceeding.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
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Posted - 2007.11.25 06:08:00 -
[2]
300 shares where sold at 153,945.41. Those share have now been distributed.
Current price is 148,024.43 ISK per share.
The next price drop will go into effect as scheduled above.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.26 01:46:00 -
[3]
Price drop to 142,331.18 went into effect at 00:00.
I have processed all orders received before 00:30.
500 shares were sold at 148,024.43.
So far 675 shares have been sold at 142,331.18.
The price of 142,331.18 will remain in effect until Nov 27 when the price will automaticly drop as scheduled, provided that the shares have not been sold out.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.26 19:16:00 -
[4]
Just took a moment to check on the progress of shares and found that the 1 billion mark (out of the 5.6 billion) has been reached.
Just as a reminder, purchasing at today's price is equiv to giving up all interest payments until Feb 23. Not that I have a problem with the interest free use of your ISK, I just want investors to be clear on what they are getting.
Remember the reference price from which the 4% bi-weekly return is calculated will be 116,985.86 as of Dec 01.
The next price drop will go into effect as scheduled above.
I have not processed the most recent orders yet, but will do so when I get home from work.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.27 01:03:00 -
[5]
The price drop to 136,856.91 went into effect as scheduled.
All order up until that time have been processed. A 6062 shares were distributed.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.28 00:31:00 -
[6]
Orders for Nov 27 have been processed. 1230 shares where sold at 131,593.18.
The price of 126,531.90 is now in effect.
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Datacore Harvesting IPO |
supai katsudoo
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Posted - 2007.11.28 06:40:00 -
[7]
Checking date...
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Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.28 15:43:00 -
[8]
I must have had a bit of a short circut in my brain last night.
I incorrectly stated that the price drop to 126,531.90 had already gone in to effect. That was a mistake, I copied the wrong price into my post.
The price in the title of this thread was the correct price. The current price is 131,593.18.
The price of 126,531.90 will not go into effect until 00:00 Nov 29.
There have been three orders submitted that were obviously for the 126,531.90 price. Because these orders were sent prematurely due to my error, I will process them as if they had been received at presicely 00:00 Nov 29. I seriously doubt that the remaining 4 billion shares will sell out before then, so this should not be a problem for anyone.
To clarify, the price schedule set out above will be followed, even if I mistakenly post the wrong price here below. I appologize for the confusion this might have caused.
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Datacore Harvesting IPO |
Admiral Grevious
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Posted - 2007.11.29 00:07:00 -
[9]
Isk for shares sent to DATAC.
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MaxStewart
Gallente
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Posted - 2007.11.29 00:27:00 -
[10]
Money sent for shares.
Stew
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Matalino
Gallente
Ki Tech Industries
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Posted - 2007.11.29 01:08:00 -
[11]
Okay now the price drop has gone into effect for 126,531.90.
I have processed the orders received to date.
1000 shares were sold at 131,593.18
9140 shares have sold at 126,531.90 so far (including those orders that were received prematurely as noted above)
The price of 126,531.90 will remain in effect until the next scheduled price drop.
There are 3 billion in shares available as of the time of this post.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.30 00:42:00 -
[12]
Price drop to 121,665.29 is now in effect, with 2.6 billion left to sell.
There will be one more price drop to 116,985.86 if this batch does not sell out before then. The price will not drop any lower than that.
4140 more shares were sold at 126,531.90, and have been distributed.
70 shares were purchased in the first 30 minutes at 121,665.29 and have also been distributed.
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Datacore Harvesting IPO |
Matalino
Gallente
Ki Tech Industries
|
Posted - 2007.11.30 05:43:00 -
[13]
This batch has been sold out.
The remaining orders have been processed.
No more orders will be accepted this week.
The next batch of shares will be sold via this same style of auction in the week ending Dec 15.
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Datacore Harvesting IPO |
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