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Author	Thread Statistics \| Show CCP posts - 1 post(s)
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.28 00:13:00 - [1] Ok this needs to be in the MD forums. I see about 3000 issues I have with it so please go there so I can address them. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.28 00:25:00 - [2] Originally by: Siri Blue Can that Fury Bank of yours pay out EVERYONE that invested in them within a week? I somehow doubt it... Not sure why you would say that unless you can. Either way you haven't said in your business plan that you would allow a buyback until after 1-2 years. I assure you FuryBank would be able to allow you to pull out far faster than your operation could, and if not come to EBANK. As founder of EBANK, we offer a 3% interest rate to customers, the ability to transfer between accounts (to other EBANK customers even whne out of game), loans, completely automated systems etc. www.eve-bank.net You are asking for a huge amount of money with zero market history (sure, I have heard your name before but you haven't run any public corps handling other peoples isk that I am aware of, and frankly your business plan needs a makeover) Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.28 00:59:00 - [3] Sorry, will edit it out But I strongly recommend you move things over to the MD forum. We aren't allowed to discuss things here and I feel there is a lot that needs discussing. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.28 23:11:00 - [4] scam or not this bond lacks any real form of business plan. I can't believe how receptive some of you are to this after the whole Wylker incident. Wylker provided a far more comprehensive business plan as well as a ton of references. Now I know Siri Blue has done a few things in Eve but none have matched up to this 70b level. Going through old posts it can be seen he was in possession of a mackinaw bpo at one point or another. Siri I asked you in EGSE channel but you ignored it. Would you be willing to lock down that or a similarly valued bpo as a 50% security to your bond? Generally such low returns are hand in hand with a highly secured corporation. Anyway it all comes down to a business plan that took 3 minutes to type up, has had zero research done, no experience with shares/bonds and wanting 70b of public isk. We had Blue Dice go down the same path with people use his WTS forum trudging as their own safety buffer. This failed miserably as all his burn victims can attest. Siri, check the stickies and start by redesigning your whole plan. Follow Hexxx standards guide, and type up another business plan that isn't a carbon copy of FIN (minus business plan or security). In a rating out of 100, I would rate this as a 5 for reputation. Nothing else whatsoever of worth is here. BTW, did anyone here forget that almost zero t2 bpo's can return 100% of their value over 12 months these days? Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.28 23:35:00 - [5] Originally by: Dark Shikari Originally by: Ricdic scam or not this bond lacks any real form of business plan. I can't believe how receptive some of you are to this after the whole Riethe incident. FTFY. I used Wylker because I was pointing out how large this bond was for another person with no market history. Riethe had a small IPO with an average sized SMO that he managed to manipulate to increase his yield. So it still stands, I was referring to Wylker Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.29 13:30:00 - [6] Originally by: Siri Blue No, I don't give out shares, these are bonds for a completely secure investment I think misleading potential investors is not too fair. There is no such thing as a completely secure investment and you missed the point where you can turn and take all the money tomorrow if you want. Not quite as completely secure any more... Quote: unless CCP completely devalues T2 BPOs which CCP does not with Trinity and the next patch is a long way off. I guess you missed the memo sent out with the Invention patch. CCP didn't devalue T2 bpo's back then per se, but they did allow a phenomenal devaluation on t2 profits. Also you must have missed that there are in fact a LOT of changes this coming patch in 5 days that can devalue T2 profits further. Let me copy and paste as you obviously haven't read the patch notes yet. Originally by: Patch Notes # The maximum runs of Tech 2 Hybrid, Laser and Projectile blueprints have been increased from 10 to 100. # Max production run of Barrage M blueprint has been changed from 10 to 100. # The S&I job times of T2 missile blueprints have been reduced to be more inline with equivalent T2 ammo. # The bonuses provided by decryptors in invention have been increased by varying amounts to be more effective in invention jobs. # The chance of inventing ship blueprints of smaller Tech II ship classes has been increased leading to a greater chance of success with frigate, destroyer, cruiser and battlecruiser invention. # Invention times for Mining Laser Upgrade I Blueprint and the Ice Harvester Upgrade I Blueprint have been reduced to be in line with other modules. # Changed invention research time on Target Painter I from 120,000 to 9,000 seconds. So here we have changes to a handful of specific items, especially a rather large change to the success rates of invention. That coupled with the constant expected decrease in the Mechanical Engineering datacore likely leads to a determination that any T2 BPO purchased will face a considerable drop in profit as these and other datacores drop in value. Have you considered BMBE for this? To determine your competency in the T2 Market, can you tell us the kinds of BPO's you will be looking to spend the 70b on? Ammo, drone, etc. I would like to see a more defined shopping list. Or do you plan on buying a whole pile of different ones and just seeing what happens? Quote: Also...decryptors will be used for the new ship types where no BPOs exist and if decryptors become cheaper and more available by removing them from static complexes...remains to be seen. Well yes you have just personally found another potential way your idea can fail as well as all the above. How will you meet interest repayments whilst looking for the bpo/s you want? Do you already have purchases lined up? Or will you initially pay dividends using the 70b from the bond for the first few months whilst finding something to spend it on? Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.29 15:20:00 - [7] Completely agreed Slurm. But I feel right now we are looking at an investment for a huge amount of isk with nothing to back it up, a partial rep but none in handling public isk and a business plan I could write up in 3 minutes without cross referencing any material whatsoever. First impressions last. When looking at a business plan, that's my first impression. Having said that, as Slurm has said we have seen people come back from bad business plans to do some nice things (LaVista with Cap4U, Genbukan with Best Buys Inc, Ambo with his bond : to name a few). I strongly recommend Siri either recreates a far better business plan, or seeks someone in-game to verify his personal documentation pertaining to this business. If none exists then this business almost has guaranteed failure from the start. If it does they can say "hey he has a ton of info, is just hiding most of it to avoid public knowing what he is doing". Normally I would offer to provide this service but I feel pre-biased and think my report would be negative by default so would strongly recommend against using myself to do this. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.29 17:45:00 - [8] Originally by: Siri Blue I said advice how to make it better is welcome, just running your mouth is not! I have given you advice repeatedly. You have refused to listen to it. I and others strongly advised you do a proper business plan. The fact you are refusing to provide any figures or bother appeasing your potential shareholders (one of whom happens to be well known for putting billions into a lot of new offerings) speaks wonders for you. You may have your own personal problems. Don't take them out on me wanting to make sure my potential investment is secure. Go deal with your own things and stop making excuses. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.29 17:58:00 - [9] Sure, what are the bpo's? Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.30 04:09:00 - [10] Originally by: Astorothe Thanks for coming, I'm here till Thursday. As someone with a 2 year old son you got a little lol out of me Need Empire Research Slots. Click here

Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.30 04:29:00 - [11] So Kylar you are saying we should tell people not to bother with business plans, securities, people vouching, old reputation, api keys, history, and the likes because the only end result is step 3? Why haven't you invested in DragoRider Tao or Miss Fiona again? I see what you are getting at, but we do all these checks because each one reduces the risk of scam. * A limited API holds the character and his alts accountable and is usable to check SP levels. * A full API shows the clients wallet transactions and journals, good for confirming the person does indeed know his/her industry * A vouch means the risk falls on two people's shoulders, so if #1 falls through then #2 should cover the deficit. Obviously there's always the chance of #1 and #2 failing in which case 2 reputations are damaged rather than one. * A referral may be someone saying that they have dealt with this person to a tune of X isk, or had lots of dealings. It's not something that can be used against the referee. As an example I only just finished a research job for a fairly prominent MD member to the tune of 9b isk. I had full take access to those bpo's at one point. So that person could say "Hey I trusted Ricdic with 9b and I got my isk back." Much like MasterTao could put in a reference for me after saying "Ricdic had the ability to steal my Damnation bpo worth 30b and I got it back" (note: I haven't given it back yet though). * Previous history. In the OP's case he has dealt in a few prize/raffles. These came to maybe a value of 1-2b. If he had access to a significant number of resources within Eve University this would be a perfect opportunity for the Eve University CEO to pipe up and tell us how much access he had. Generally previous history relates to a history with the public or similar. As an example Shiko is mostly owned by EBANK and myself. When Shiko expands we can say "Hey Shiko had 6b of our funds and didn't scam them. He also done XXX with his reporting, excellent communication etc etc. * Character Age. Generally a 40b SP character may sell for 5-10b on the forums. That's not to say we limit people's investments based on this factor. We usually add on a reputation factor and the likes. save mentioning more, in the EBANK forums I put through some of the things we look for when providing loans to customers: Originally by: EBANK Forums * Loan Reason * Character Age * Character History * Altness (determination on how much of an alt the char is) * API Key/s * Multiple Character Credit Check * Character Reference * Character Security (person vouching for you) * Loan History * Fixed Asset Securities * Shares Securities As Kylar has said above, basically this is simply a loan you are looking for. So really you will generally have the same sorts of credit checks made on you as if for a loan or a public investment etc. If someone fits all the above mentioned points a scam will result in a net loss for them. In some cases a scam with a financial gain can still result in a net loss (ie if your second mains are implicated etc) or in terms of reputation lost. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.30 04:42:00 - [12] Using the above quote to get an idea on Siri * Loan Reason - Limited Information provided, t2 bpo, unknown which * Character Age - Approximately 2 years * Character History - Some exposure on WTS/Raffle etc, 1-3b * Altness (determination on how much of an alt the char is) - Unverified * API Key/s - Not Provided * Multiple Character Credit Check - No API so not provided * Character Reference - Provided by 2 people. Limited reference * Character Security (person vouching for you) - None * Loan History - None * Fixed Asset Securities - Claims available but not wanting to use * Shares Securities - None, member doesn't participate in this industry So if everything was worth 1 point, your score would be 3/11 scoring as follows - 0.5, 0.5, 1, 0, 0, 0, 1, 0, 0, 0, 0 Now, Riethe probably had a very similar end score to yourself possibly even worse but I and some others made a stupid mistake ignoring this information and as such were burnt. No-one really expects you to meet all the above points in scoring, it's not even a real score card just something I had thrown together for EBANK GD forum (not the same as what we use internally). But if you want 70b of our funds we expect you to make a reasonable attempt to meet as many of the above points as physically possible. Some are far stronger than others like having a security but it all adds up when determining who we invest with. You may not like the way we handle things, but if you come into our house then you accept our rules and regulations. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.30 16:34:00 - [13] Originally by: Riethe Well, in my so humble opinion, it would seem like an offering like this would be really easy to secure. If the money raised instead went straight to Ricdic, and then Siri Blue told him what blue prints he needed, Ricdic could purchase them, then also secure them and lock them down. ddint' uou call e scammer last week? Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.30 16:54:00 - [14] He started it Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.11.30 17:18:00 - [15] Originally by: Siri Blue If Ricdic stop harassing me, I might even chose him as a third party Thanks for the cloaked vote of confidence, I don't think I am the best man for the job. I have my hands in way too many pies at this point and feel taking on anything else that requires responsibility (ie keeping assets locked etc) is something I don't have the time to maintain. If it's something like reading advanced spreadshets and doocumentation, then I am more than happy to do that as it can be done when my managers think I am actually working. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.12.01 03:44:00 - [16] Let's get a business plan up so I can consider investing then. Need Empire Research Slots. Click here
Ricdic Caldari Corporate Research And Production Pty Ltd Zzz	Posted - 2007.12.01 04:09:00 - [17] Originally by: Siri Blue Get your ass into Eve then, need to ask you something! :P hehe I love your enthusiasm but I am stuck in the office for the next 6 hours or so. Catch me on msn, [email protected] If you don't have it, download it and stop being a pansy! Need Empire Research Slots. Click here

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