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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.24 14:42:00 -
[1]
Originally by: Riethe This is not a first time for me. Nor my last.
Care to tell which other IPO's were yours?
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.24 16:15:00 -
[2]
Originally by: Shadarle
Originally by: LaVista Vista
Originally by: Shadarle
40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better.
40bill is still a considerable amount.
Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil.
For any mortal person, 40bill is alot. I know i wouldnt mind 40bill. And it would take me at least 20 months to make that kind of isk with CAP4U. Leave alone if i only had 1bill isk as a starting ground.
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.24 17:38:00 -
[3]
Originally by: FastLearner Amusing really.
Even after I pointed out the maths of how his numbers of shares sold didn't add up (which he never replied to) people kept sending him more ISK. I never called it as a scam - as I wasn't sure that it was one. His change in comments about the 7k unreleased shares (they went from "will be released very slowly" to "they probably won't be released till after next dividend") suggested that maybe he was just selling the lot now - which, while unethical, wouldn't be a scam.
People just saw the 15% per month and lost all their common-sense. Noone cared that there were no accounts for the single dividend paid, no real business plan and no proper definition of how surplus profits over 15% were divided.
Hopefully some useful lessons will be drawn from this - but I somehow doubt it.
How ironic. Isnt this kinda the same effect with Wylker? He promised 15%+ didivdends. And everybody went nuts.
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.24 22:39:00 -
[4]
Originally by: Shadarle
Originally by: FastLearner
Originally by: Shadarle
Originally by: LaVista Vista
Originally by: Shadarle
40b in 2 months is not so impressive, I made more and that counts two investments turning into scams. I don't understand why anyone scams for such tiny amounts of money when they could do so much better.
40bill is still a considerable amount.
Eh... not so much these days. If he had run this 3 more months he coulda gotten up to 80-100 bil.
Yeah - he definitely pulled the plug earlier than he needed to. A few months paying 15-20% and he could have scooped another 50 bill easy.
Exactly.
He obviously didn't want to put forth the effort to really pull off a big scam. If he had started posting regularly and been paying out over his 15% min each month he'd have gotten a lot more people roped in.
Now though I think we will all be suspicious of anyone paying out very high amounts and wanting to expand before they've even payed out a tiny fraction of their total. But I have a feeling people will still jump in on any good investments that pop-up and 90% will work out fine, some will turn out to be scams.
All this will do is make it harder for unknown people to get money.. and concentrate the money in the hands of the rich, powerful, well known players even more.
I agree, he could have got more isk out of people. But still.. 40bill is ALOT of money for most people. Its about 1333 hours worth of 0.0 ratting.
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.25 13:02:00 -
[5]
Originally by: Riethe
Greedy McScrooge: holy crap you've got a lot of photoshop skills.
He could also have blown up alot of battleships on sisi, or something :)
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LaVista Vista
Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.11.25 19:07:00 -
[6]
Originally by: Fitz VonHeise
Originally by: Riethe FastLearner, I've been around a lot longer than you realize.
Are you R0me0? You talk a bit like him.
Its fun you mention it. It was my very first thought aswell.
But a few thing lacks. One being the large usage of "lol". But the fact that he likes to say he did it by the rules points to R0ME0. He just havent pointed to the GM's yet.
So i cant quite tell. But could be.
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