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Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 05:27:00 - [1] So you want to revert back to gold standard on an already floating market, is that even possible?
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 05:42:00 - [2] Originally by: Ufl Edited by: Ufl on 24/11/2007 05:36:44 Originally by: Matalino Aside from working hard with using the ISK that Bill already had, I don't see how Bill made any ISK by issuing the shares. He didnt - he issued the shares to gain the trust and loyalty of shareholders But we don't trust you! Originally by: Hexxx It may be useful to point out not just who the exchange is for, but who it isn't for. In what case would it not be a good idea to use the exchange? This is a good way to scope out what your targets and goals are. People who want to start IPO's for the first time just cannot use this service as they by and large won't have the money, anyone with the level of trust to have run one doesn't need the service either.
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 05:58:00 - [3] This just seems like you are reversing the scam element, investors are covered the CEO can get screwed. I can see how this is a good concept but you say that they might scam so might you, you offer no security for CEO's who use the service and they have to fork out the price of their IPO just to have investor happiness.
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 06:34:00 - [4] If a CEO uses your service what type of security do you offer?
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 06:39:00 - [5] Originally by: Ricdic's Hoe Originally by: Letias If a CEO uses your service what type of security do you offer? He can give you his phone number! Maybe i should clarify that, what security do you offer the CEO, seeing as you are holding all his money/veld. Its not even worth a try anymore ricdic, i know i labeled this a scam already but meh lets get him to admit it
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 06:43:00 - [6] you know what i realised, even if this ever took off you could never get repeat business Also would you compensate CEO's if they give you veld on say 16th of december this year and price dropped 20% in a years time?
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 06:47:00 - [7] Originally by: Ufl Originally by: Letias Originally by: Ricdic's Hoe Originally by: Letias If a CEO uses your service what type of security do you offer? He can give you his phone number! Maybe i should clarify that, what security do you offer the CEO, seeing as you are holding all his money/veld. Its not even worth a try anymore ricdic, i know i labeled this a scam already but meh lets get him to admit it We can only ask for your trust as of now, and will soon as for it by voice chat, and after that by video conferance. If you do not trust us we do not want to do business with you because it would be an uncomfortable situation for both of us. The best thing to do is wait and see, let us grow, and if you trust us in the future use us for your own purposes. I have tried to clarify it as best I can that we are human beings behind this corp trying to make things work toward a better economy, our ego's feed it and will continue to until it is built and functioning. LOL why don't you just host this service for a fee for corps to ensure "trust" with their shareholders and save giving you collateral :P
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 07:27:00 - [8] Lol for 10% of the investment you could scam so much easier, you say i will front 10% to so and so, when you get full investment you run away and whoever runs the insurance get completely screwed, it would still be trust based.
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 07:54:00 - [9] For anyone to insure the venture has to pay **** otherwise if you have the money to pay it out then you could buy it out and make more than the flat 10%.
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 09:03:00 - [10] Originally by: Ambo Ah! Finally, I get what this is all about. This is a much better explanation and I see what you are trying to do. Trouble is that it does not really make any sense. For players looking to raise capital for a business idea because they don't have enough isk to do it themselves, NUEX is completely useless. and that covers 90%+ of the IPOs I've seen on this forum. Having the share value determined by the value of isk + veldspar held by NUEX is just crazy. It means that the share value might have NO RELATION to the actual value of the company except at the point when shares are first issued.. Even if you make the values match, you hit the following problem: I give 1 bil to NUEX then sell 1000 shares for 1 mil each to raise 1 bil. I then do my thing with that for a month and at the end have 2 bil in the bank. i.e. I've made 1 bil but the NUEX corp value is still 1 bil. I could give NUEX an extra 500 mil to make my real corp value match NUEX value but then I've only made 500 mil for the month instead. So, not only must I already have the isk I'm looking to raise but I have to put half of my profits in to escrow with NUEX, seriously damaging my profitablility. I can see what you are trying to do and I commend you for it but I just can't see it being workable I'm afraid. I enjoy the prospect of investor insurance via third party too, in this case it isnt a feasible plan. The main problem however, i feel, is that CEO's have no security for all their money, the suggested model would encourage people (if it became standard practice somehow) to simply raise capital on their own and make their own money, I just really don't see how having to invest into your own business and only utilizing half of the available funds is workable, and of course, CEO's have no security to make them feel warm and fuzzy only investors.
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 23:11:00 - [11] Edited by: Letias on 24/11/2007 23:14:09 Originally by: Ufl Originally by: Matalino Your proposal: CEO gives 1000 share to investors Investors give 500 million ISK to CEO Investors/CEO give you 1 billion ISK Incorrect: CEO gives 1000shares + 1bil isk to NUEX NUEX lists all shares at 1.5mil isk per share because investors are willing to pay that Investors buy all shares and create 1.5bil which is given to the CEO CEO now has 1.5bil - NUEX has 1bil (secure net assets) - investors have 1000 shares In this case the value of the corp is no longer 1 bill its 1.5 bill so there is no security for the last 500 million which people are investing. Only if shares sell for exactly the same amount being representive of the number of shares, i.e. 1000 shares at 1 mill each = 1 billion. If share prices are higher through your bidding system or through you selling them for more then security isnt complete. - Edit, The CEO still has to fork out for the use of this service, It can only be good for growth (good lol).
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.11.24 23:55:00 - [12] Shares are worth what you pay for them, or have i got this wrong? How can you pay less than what they are worth, what you pay is what they are worth..?
Letias Caldari Teikoku Trade Conglomerate Visions of Warfare	Posted - 2007.12.19 02:18:00 - [13] Originally by: Ufl The only people who will dislike this concept: Scammers Thieves Competition Right, you are an idoit, i only invest, so i cant be a scammer or a thief and i have no intrest in running a stock exchange nor am i part of one so all of the titles you have posted are wrong. I am against this because you are a douchebag and you just seem to be a troll. Not only has this taken five more pages in which you don't actually bother to answer questions or change your plan to actually work, you have begun insulting people because you are wrong. This looks like a scam now, it did not to begin with, it looked like a bad idea. You look like a scammer, one that hasnt gotten his own way i can only imagine how you get along with people in RL but i would hazard a guess you are a complete loner as if you are wrong or someone thinks you are you lash out. Either im being baited by a troll or you really are this thick but i hope no one has actually invested in you and no one does. yes im sure you will say wait and see but as it stand you and this corp are ****. _____________________________ Originally by:** Damini Frostmane Sex isn't sex unless one of you is crying afterwards :-)

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