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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.24 05:41:00 -
[1]
This won't work for the reasons stated above.
I will try and use an example.
I have corp ABC. Now corp ABC decides to go public. It wants 5 billion isk. Under your example, corp ABC never succeeds unless it can first raise that 5b and then deposit it into a non-access account.
However, it gets the privelige of getting nothing in return, and being expected to pay it's shareholders it's profits. It's basically telling someone to work for nothing, short of the few wanting experience of running a public corporation no-one would ever use this service.
Why would they when they could use EBANK to secure their isk, knowing the whole time that it is gathering interest. Unless you are willing to pay interest on the amounts in holding? If so, then we got ourselves some competition.
WWW.EVE-BANK.NET
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.24 05:44:00 -
[2]
 Originally by: Ufl
If you only care about putting money in your pocket and dont want shareholders, or to pay dividends that is you initiative - the NUEX is for CEO's that are serious about rasing money, having it backed, and making the shares that they can issue worth a true value.
In current form all you are asking for is CEO's to be charity cases, and use their own funds to make money and give that money to people who didn't help them in any way.
Eve-Radio has contests that provide that.
WWW.EVE-BANK.NET
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.24 06:06:00 -
[3]
But the only thing you create is a CEO sweat shop. There is nothing whatsoever in it to truly entice a CEO.
WWW.EVE-BANK.NET
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.11.24 06:15:00 -
[4]
Originally by: Hexxx
Having spoken with Ufl, he has a real vision for what he wants to do (I commend him for it) but there are two things he needs:
1) More brainstorming
2) An appreciation for the history of the market
I would definetly add a
3) A new idea
to the list. Unless there is a damn good incentive for a CEO to completely secure their own operation then it's a waste. As an example. With the Cinderbrood IPO, it was a 2b issuance. EBANK took 2b as a security on the corporation from a friend of Cinderbrood. Now, this wasn't a requirement however Cinderbrood couldn't sell his stock without doing something like this (actually, it wasn't until after 95% of the stock was sold that he had the security arranged). This is basically what the OP is looking for.
It doesn't happen often. SHIKO enterprises is another one with a similar setup except it is 50% owned by EBANK and 50% secured by EBANK. So in theory we could onsell those 50% of shares as EBANK secured.
But the whole point of an IPO is generally to raise money to buy something. If someone wants a fully secured loan they can just come straight to us or FuryBank and we allow more than isk or veldspar as collateral.
Quote:
Mineral markets are relatively volatile. Be careful in picking just one mineral!
Very good point. Any CEO getting their corp into the OP's business at this point using Veldspar as a security is risking a huge devaluation of their corporation. As was said earlier, Veldspar is near it's peak cost already.
WWW.EVE-BANK.NET
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2007.12.31 14:23:00 -
[5]
With exerpts of chatlogs like this from Nucon how can I ever hope to compete on their level:
[ 2007.12.27 03:37:27 ] Lin Li > need more creative ideas ric?
[ 2007.12.27 03:37:33 ] Lin Li > to expand ebank? i dont think you have it in you to keep that thing going
[ 2007.12.27 03:38:16 ] Lin Li > Need some coding done for your new stock exchange you're working on? the UI sucks btw
[ 2007.12.27 03:39:13 ] Lin Li > i cant wait, you are going to try to catch up, and when you do im going to take 3 more steps ahead of ebank :D
[ 2007.12.27 03:40:33 ] Lin Li > First you need to finish that crappy stock trading program, then you can continue to take our ideas and turn them into your own.
[ 2007.12.27 03:42:19 ] Lin Li > You're ideas suck, your motivation is lacking, and your entire bank is replicatable in a day
[ 2007.12.27 03:44:53 ] Lin Li > so ric, how are you planning on increasing traffic to ebanks website? any seo work?
[ 2007.12.27 03:45:06 ] Lin Li > i dont see ebank on google its sad...
[ 2007.12.27 03:50:37 ] Lin Li > forums are filled with whiners, teenagers etc
[ 2007.12.27 04:07:06 ] Lin Li > cant give in to them (forum people) - building a service that will be flawless
[ 2007.12.27 04:16:59 ] Lin Li > Euronext is a real US exchange
Thought you guys might enjoy. This is the fun you can get in the NUEX channel in-game. (didnt bother with my replies as they don't have quite the same coolness) *Bracketed parts have been inputted by myself
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