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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.03 14:19:00 -
[1]
BSAC MinMA Status Report
Public Offer 3,000,000 Eve Mineral Reserve Shares @ 100,000 ISK per share starting December 12, 2007.
Prospectus
Deadlines Dec 12, 2007 û Underwriters deadline to purchase first block of shares at underwriters discount rate.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.03 14:20:00 -
[2]
Reserved
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.07 12:15:00 -
[3]
Originally by: Raskor We have to invest 1 billion isk to get actual shares in our wallet? If we invest less than that, it's just a note in a spreadsheet?
NO. You will receive shares whether you invest 10 M or 1 B. In the event no underwriter steps forward, minimum investment will be lowered to 100 M to open a Regular account. You can purchase shares by sending ISK to ôBSAC MMM.ö If you invest less than the Regular account minimum you will be assigned a ôRestrictedö account. The only benefits of a restricted account is that it allows you to trade shares publicly and allows you to purchase additional shares before a share block is made available to the public. Restricted accounts are upgradable to Regular accounts by meeting the minimum investment.
Originally by: Raskor Every quarter (3 months) share dividends will be given out to anyone with 200m or more invested as long as all shares have not been sold. Does this include all 10m treasury shares or only the initial 3m shares?
Restricted accounts are not entitled to share distributions of any kind until they meet the minimum investment required for Regular accounts. Regular accounts are entitled to share distributions that will be recorded electronically. Once a Regular account meets a Premier account minimum, shares will be distributed to the shareholder. Retained earnings will be added to the share price once the fund is fully subscribed (10 M shares).
Originally by: Raskor What if any security exists on this investment to insure the corp assets against insider embezzlement?
That would be the Board of Directors job. A shareholder should contact a member of the Board of Directors if he has any concerns regarding embezzlement or any other aspect of his investment. In addition, the fund is open to a third-party audit by a reputable source at your own expense.
BSAC Board of Directors Bogor Hori To (on leave) Neutrino Sunset No Talent Nurst (on extended leave) Poison Raquaine SencneS
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.10 12:29:00 -
[4]
Poison, a member of the Board of Directors, discovered a loop hole regarding our 24hr cancellation policy listed under the redemptions rules.
5) 24hrs cancellation policy. Place your transaction requests carefully, but if you change your mind about a purchase, BSAC will refund your ISK free of charge. This rule does not apply to trades.
Any underwriter could have potentially used it as an exploit. Therefore, redemption rule 5 was removed from the prospectus.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.11 13:17:00 -
[5]
Batch 01 û 200,000 Shares û Dec 12, 2007 Our first batch of shares is available to the public. Shares will be sold on a first come first serve basis. If you are interested in purchasing shares, please send ISK to ôBSAC MMMö or post your request here. 48 hours reserved will be allowed.
Sales thread
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.12 11:44:00 -
[6]
The confirmed investors list will be updated periodically in the sales thread.
Shares Available: 158,700 Share Price: 100,000 ISK Minimum Investment: 100 M
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.13 13:17:00 -
[7]
Operations commenced two days ago and everything is going well. For the time been Capital gains will be recorded daily and distributions will be prorated according to time + investment amount.
Total Deposits: 3,530,000,000 ISK
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.14 19:26:00 -
[8]
Total Deposits: 4,830,000,000 ISK
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.15 04:02:00 -
[9]
Originally by: NeoTrade Can I buy shares now - like 500m - then upgrade and buy more later - so I get a premium account?
Yes, you can upgrade to a premium account any time.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.17 12:17:00 -
[10]
Week One Snapshot
BSAC will publish a monthly report describing the progress in this venture. However, a few investors were very interested in learning how things were moving along. Attached is a link to a pdf file with the summary statement.
I should caution everyone that the short-term gains that I have seen are not sustainable and I suspect they will decrease substantially once the market starts to catch up. So please, do not assume that we will continue to experience such large returns. However, there still significant room to continue our progress.
Forecast earnings are probably a better measure of future returns. I expect these earnings over a three month period, which is well within our target goal of 5% growth.
Total Deposits: 5,000,000,000 ISK
Summary Report
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.20 13:47:00 -
[11]
Thanks Poison.
Total Deposits: 5,600,000,000 ISK (5.6 B out of 20 B)
I would like to point out that the next 20 B batch wonÆt be sold immediately following the first batch. There will likely be a dead period to fully analyze the mineral manipulation effects and to properly adapt our strategy to the market.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.22 06:18:00 -
[12]
Total Deposits: 6,200,000,000 ISK (6.2 B out of 20 B)
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.22 15:43:00 -
[13]
Originally by: Ricdic Hey simple query.
Can we get a list of the members on your board of directors please. I have seen 2 so far, SencneS and Poison, wondering who else you have under the collar.
BSAC Board of Directors Bogor Hori To (on leave) Neutrino Sunset No Talent Nurst (on extended leave, I think he stop playing eve) Poison Raquaine SencneS
Public Website
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.23 22:49:00 -
[14]
Total Deposits: 6,850,000,000 ISK (6.85 B out of 20 B)
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.26 04:51:00 -
[15]
Originally by: Prokonsul Piotrus
1) Since there are no underwriters, how come orders for under 1 billion / 10 000 shares are accepted? Isn't your reply to Raskor on 2007.12.07 12:15:00 contradicting the prospectus (p.6 Account Summary)?
Since there are no underwriters, BSAC will sell regular accounts with a 100 M minimum investment. A revised prospectus will be published in January.
Originally by: Prokonsul Piotrus
2) Does it matter if I buy 1000 shares for 100m or 10 000 for 1 billion? Why would I care if my shares are recorded electronically or distributed to me (particularly in light of my question above)?
At the present time shares are non-tradable. However, we plan to request listing in various stock exchange. If you recieve shares, you might sell them in the stock exchange for ISK, or sell them back to BSAC. With the new propectus revision we plan to include a buy-back policy.
Originally by: Prokonsul Piotrus
3) If at some point I want to get rid of my shares and transfer them back into isks, how can this be done? Via EVE share exchanges only?
See above
Originally by: Prokonsul Piotrus
4) Since it took close to 2 weeks to sell half of the Bach 01 200,000 shares, a simple trend analysis indicates that it will take about 60 weeks - over a year - to sell the "3,000,000 Eve Mineral Reserve Shares" annouced in the offer. This may indicate that you have overestimated available capital, and will fail to gather enough funds to carry out your operation in a reasonable timeframe. How would you reply to this?
We are working with the current capital and will continue to do so. This is a long term project and like you pointed out it will take a long time to fully mature.
Originally by: Prokonsul Piotrus
5) If your stock underperforms (dividends will be under 5% for several months), what will you do? Thanks,
I imagine that the Fund will have good months and bad months. Our target is 5% growth. However, if the Fund performs better shareholders will fully benifit from it and recieved their share.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.28 18:26:00 -
[16]
Total Deposits: 9,450,000,000 ISK (9.45 B out of 20 B)
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.30 04:53:00 -
[17]
Originally by: Prokonsul Piotrus When can we expect the revised prospectus we discussed?
Revised prospectus will be published around Jan 10, 2007.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2007.12.31 18:39:00 -
[18]
Total Deposits: 10,400,000,000 ISK (10.4 B out of 20 B)
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.04 13:07:00 -
[19]
Total Deposits: 11,500,000,000 ISK (11.5 B out of 20 B)
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.05 22:44:00 -
[20]
Total Deposits: 13,200,000,000 ISK (13.2 B out of 20 B)
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.09 13:26:00 -
[21]
MinMa Upcoming Change
A revised mineral market manipulation prospectus will be published on Friday. It includes a dividend share option and guaranteed share buy-backs. The new features will let shareholders customize their investment portfolio by selecting a mixture of long-term growth shares, ISK paying dividend shares, or ISK returns through buy back options.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.10 18:05:00 -
[22]
Batch 01 is now sold out pending 8,000 shares on Reserve.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.11 13:35:00 -
[23]
Ray McCormack, Thanks. I look forward to hear from you.
I more than welcome any shareholderÆs concerns and recommend you contact me with any questions. I do my best to stay as objective as possible. However, SencneS is probably your best resource to provide you with an ôunbiasedö answer. Poison is another active member of the board of directors that owns a significant amount of BSAC. His opinion has great influence in any shareholders vote.
Share offer batch 01 is now officially sold out.
Revised Prospectus Please post any comments or concerns in the new thread.
This concludes this thread.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.11 16:07:00 -
[24]
Originally by: Prokonsul Piotrus
Originally by: Ray McCormack
Pending the revised prospectus, I would like to reserve the whole of Batch 02.
Without even asking how large that batch is going to be? Or was it announced somewhere?
No, there hasnÆt been any announcement yet.
Please post your questions in the new thread. This thread has served its purpose. Thanks
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.31 12:37:00 -
[25]
Batch 02 is now available. There is a 20% NAV limit on share purchases.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.01.31 14:23:00 -
[26]
Originally by: Jackie Fisher What does the below mean?
Originally by: BSAC MMM There is a 20% NAV limit on share purchases.
The maximum investment by a single investor has been capped at 20% of the Net Asset Value (NAV). Projected NAV including this offer is about 47.5 B. Therefore, the maximum investment is presently capped at 9.5 B.
Yes, I know people can circumvent this cap, but IÆm hopeful that people will adhere to this rule.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.07 12:23:00 -
[27]
Ghost Emperor, I reserved for you 10,000 shares in our newest batch 03.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.10 22:14:00 -
[28]
Originally by: Lady Arthe How long does it take to receive the shares ?
I ussually log every day between 01:00 and 03:00 eve time. The first thing i do is look at new deposits and deliver shares.
PS I sent you the shares.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.12 12:50:00 -
[29]
A cash flow statement and a stock ledger are included in our latest MinMa report. There will be a share distribution at the end of the month, so make sure that your portfolio preference is up to date. As a reminder, the default option is 100% convert option.
MinMa Feb 12 Report
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.16 02:29:00 -
[30]
Make sure to visit our sales thread and place your resevations there.
Only 66,735 left on this third offer
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.20 21:43:00 -
[31]
Selling your MinMa Shares Ticker: BSAMR (Non-tradable shares)
Recently, a MinMa investor in a tight ISK situation was considering selling a portion of his stake and asked me the procedure to liquidate some of his shares. As described in the prospectus, MinMa will buy-back shares at 60,000 ISK per share. The buy-back offer is currently 60% NAV and will improve overtime as the Fund matures. Our target buy-back offer is 98 % NAV. At this time, because of the low buy-back offer, IÆll waive redemption fees.
To liquidate at buy-back price First, send ôBSAC MMMö and evemail stating that you want to liquidate ôXö number of shares. It is crucial that you send me an evemail; otherwise I have no way to determine who the shares came from. Do not send shares yet. I will reply to your email with the name of the character I would want you to send the shares to. If you are worry, then join the B.S.AC. channel and contact me before sending the shares. ISK will be deposited into your account once I receive the shares.
Another option To shareholders advantage, BSAC sells its shares at 100,000 ISK. This price is fixed for the length of the offer. Therefore, you could sell your shares at a discounted price to other shareholders. For instance, I know of an interested party willing to purchase shares at 70,000 ISK. The only requirement is that sales must be recorded in our stock ledger. For this reason, both parties should send an email to "BSAC MMM" verifying the integrity of the trade. There is no fee for this transaction.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.25 14:13:00 -
[32]
Only 16,735 shares left. Current batch offer expires Feb 29, 2007 and unsold shares will be included in the upcoming physical share distribution.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.02.25 18:18:00 -
[33]
Capital gains are recorded as electronic share distributions about a day or two after they occur and can be found in the stock ledger. As described in the prospectus the recorded electronic shares are physically distributed to premier accounts at least every quarter.
Premier account holders can create their own portfolio based on three available options regarding the recorded earned shares:
1) Convert option allows share holders to turn those electronic shares into BSAMR shares. Shareholders will receive physical BSAMR shares equaling the number of electronically recorded shares.
2) Dividend option allows share holders to turn those electronic shares into BSAMT shares. BSAMT shares are tradable shares, pending listing in RESX, that will pay dividends based on regular mineral trades and will not earned capital gains.
3) Cash option allows share holders to turn those electronic shares into ISK at the current buy-back rate (60,000 ISK currently).
While the default option is 100% Convert, you are encouraged to create your own portfolio and mix these options to match your investments need.
Current Portfolios (Convert, Dividend, Cash) Ass Alt(75%,25%,0%) Kaylon Vale (50%, 30%, 20%) Tr4XX (70%, 30%, 0%) Everyone else (100%, 0%, 0%)
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.03.02 22:32:00 -
[34]
Originally by: Ray McCormack Do you have enough shares to cover BSAMR distributions for the foreseeable future? Quite hard to create shares for a closed corp.
Block Mineral Reserve (the corporation) created 10,000,000 shares and no more shares will be created because the corporation is closed. Only 3,000,000 Block Mineral Reserve shares will be offered. The remaining 7,000,000 sahres will be used for share distributions.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.03.08 03:06:00 -
[35]
Yes, regular accounts can purchase additional shares and upgrade to premier account at any time.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.03.17 12:43:00 -
[36]
Ghost Emperor Joins BSAC
By unanimous vote, BSACÆs Board of Directors has accepted Ghost EmperorÆs nomination to join the Board of Directors. Ghost Emperor currently manages EMFI, a well recognize mutual fund that was established almost two years ago by Naphtalia. The primary job of the Board of Directors is to protect shareholders interests by providing independent and objective opinions on BSAC operations.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.03.25 16:45:00 -
[37]
MinMa Slow Month
Although, the mineral market has been a bit slow this month and Tritanium appears to be out of control, our 5% goal has been met. Currently we stand at 5.99% net profits to shareholders.
I plan to distribute shares and dividends on March 31. Please eve-mail me any changes to your portfolio preferences by March 30.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.04.01 16:46:00 -
[38]
Randy,
I apologize if I have the wrong portfolio selected for you. Currently, your portfolio is set for 50% option 2 and 50% option 3. Is this incorrect?
If it is incorrect I can fix it today and send you the additional dividend. Otherwise you will receive BSAMT shares (dividend paying shares) in approximately 1-2 days.
The average net-return for this month was 5.50% and not 5.99%. Read the private blog for details. However, the 5.50% does not apply to your account because you invested 500 M on March 8 (Ref ID 1,028,481,678), and therefore half of your total investment missed out on the electronic distributions recorded on Feb 29, March 5, and March 6. On those particular days your earnings were based on your original 500 M investment and not on your full 1 B. Check the stock ledger for distribution dates.
I reviewed your account and I noticed that because you converted your Regular account to Premier account in the middle of the month there are 249 BSAMR shares that have not been delivered to you. You could cash those shares if you like. Please send me an email with your decision.
DonÆt hesitate to convo me and I would be happy to go over your account information.
PS Investors double check your portfolios in the investorÆs blog and eve-mail me if you find a mistake. Please report any discrepancies here, in the blog, or by eve-mail. Thanks
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.04.02 14:49:00 -
[39]
Originally by: UndraMundur Are there any shares available ?
UndraMundur, A new batch of shares will be publicly available Apr 4. Please read the prospectus before investing. You can post a reservation in our sales thread which can be found in the OP.
Originally by: Athre BSAMR = growth BSAMT = income I believe I have BSAMR so I expected a few more shares. I'm still sitting at my 1000 shares.
Athre, you hold a Regular account which according to the prospectus will not be receiving physical shares until you meet the Premier account minimum. The shares that you earned were recorded electronically in the stock ledger and will generate additional shares. It is set up that way to reduce administrative work load.
BSAC MinMa Information Desk |

BSAC MMM
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Posted - 2008.04.02 15:38:00 -
[40]
Originally by: Athre Edited by: Athre on 02/04/2008 15:14:54 so basically I need to invest 900m more before I can really see what I have?...
No. The shares you own are recorded in the stock ledger, which can be found in the private investorÆs blog, and you should have access to. You currently own 1,043 shares, of those 1,000 were given to you at the time of your original purchase, the rest you earned but have not been physically distributed to you, but you own them. Think of it like money in the bank; is yours but is not in your wallet.
For that reason, BSAMR shares are not publically tradable. However, you can trade them thru BSAC, as they need to be recorded in the stock ledger. For all purposes, be it liquidate, trade, or something else, you own 1,043 shares.
This brings another interesting point. Having the shares in your wallet is not a sign of ownership. Shares must be recorded in the stock ledger for authenticity.
Please visit your user settings to re-enable images. BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.05.01 14:08:00 -
[41]
Distributions
Dividends and share distributions take place in the following order:
1) BSAMT dividends paid to current BSAMT shareholders. Please note that if you earned BSAMT shares during this month, you will not receive dividends on those ôearnedö shares. The dividends are for outstanding BSAMT shares.
2) Issue a vote to create additional (ôearnedö) BSAMT shares required for share distribution. You will receive your additional BSAMT approximately two days after the vote. I should remind everyone that this option is only available to Premier accounts.
3) Distribute ISK redemptions to shareholders holding a Premier account that requested option 3 (cash option).
4) Distribute BSAMR shares to Premier account holders. If you hold a Regular account your shares will remain recorded electronically and will not be physically distributed until your account meets the Premier account minimum (1B).
5) Distribute BSAMT shares.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.05.04 20:42:00 -
[42]
We donÆt have any shares available at this time. Although, the shares been offered include 15 batches, the exact time depends on market conditions. So far we have sold one batch every month but Feb. where we had two batches sold. Unless I see a large turn around in the mineral market, the next batch (Batch 7) will probably be offered in June.
Shareholders: If you are interested in selling your shares you are welcome to do so as long as both parties sent me an email to update the stock ledger.
Neztned: Very rarely we have shareholders interested in selling their shares. So I will definitely contact you if something comes up for sale.
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BSAC MMM
EVE Mineral Reserve
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Posted - 2008.05.16 11:39:00 -
[43]
Only 5,540 Batch 7 shares left.
I would like to remind everyone that I'm usually online around 00:00 eve time. I have many alts and I donÆt log them every night. So the best way to contact me is to join the ôB.S.A.C.ö in-game channel.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.06.05 12:19:00 -
[44]
Batch 08 is now available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.02 15:46:00 -
[45]
June Distributions will be issued tonight and tomorrow night. I hope to be online around 01:00 eve time. Best method to contact me while I'm online is to join the B.S.A.C. channel.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.03 15:03:00 -
[46]
Oogs, More shares will be available in a few days. An official announcement will be made July 7 in this forum.
Initial minimum investment to open a Regular account is 100 M ISK, or 1,000 shares. ISK distributions are available to Premier account holders which have a 1,000 M ISK minimum investment. You can buy as little as one share once you open an account.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.10 02:13:00 -
[47]
Batch 09 is now available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.15 14:00:00 -
[48]
52,489 shares of Batch 09 are available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.17 17:04:00 -
[49]
35,589 shares are available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.21 12:33:00 -
[50]
29,989 shares are available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.07.23 12:14:00 -
[51]
19,989 shares are available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.09.02 17:29:00 -
[52]
Batch 10 is now available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.09.04 12:00:00 -
[53]
54,234 shares (Batch 10) available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.09.14 23:29:00 -
[54]
Batch 11 available. Please place your reservation in the sales thread.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.09.17 12:02:00 -
[55]
New ôTradeö section!
A "BSAMR Tradeö section was placed in our sales forum sales thread. Currently, Jon Rocks is looking to sell 3,000 shares at 90,000 ISK each (below IPO price). To test how well this works, I decided to place a buy offer for 65,000 ISK per shares. Anyone interested in placing an offer should evemail BSAC MMM.
Remember, BSAC is currently selling Batch 11, and there are no current plans to sell more than 15 Batches. So I hope the trade section will allowed new investors to buy some shares once the IPO sells out.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.09.18 11:29:00 -
[56]
Originally by: Waseem I am at work, so I can't evemail you.
I posted up I would purchase, if they are not already sold, all 3,000 shares at 90k each.
Waseem, Unfortunately, when I logged yesterday Jon Rock had already sold the shares. I will leave your name in the buyers list in case anyone else decides to sell. It is an informal list, and having your name on the list is not a commitment on your part. So you are not obligated to purchase at this time.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.09.23 00:21:00 -
[57]
Batch 11 available. Please place your reservation in the sales thread.
Any questions regarding this venture should be placed in here.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.10.08 16:25:00 -
[58]
100,000 shares been auctioned by EBANK.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.10.10 13:15:00 -
[59]
Available shares from current shareholders updated in our "Trade section"
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.10.18 01:19:00 -
[60]
Batch 12 available
Please place your reservation in the sales thread.
As described in the prospectus, BSAC will sell a total of 15 Batches.
Any questions regarding this venture should be placed in here.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
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Posted - 2008.11.03 14:03:00 -
[61]
Share Price - new valuation method
Presently, share price is fixed at 100,000 ISK and does not reflect the state of the mineral market. As the ôofferedö shares come to a close, BSAMR is seeking to maintain its long-term position while allowing share price to fluctuate with the mineral market. To accomplish this goal, the Fund will be split into two sub-funds; a long-term fund, which we will refer to as the ôReserveö minerals, and a short-term fund, which we will call the ôActiveö minerals. This is not going to be a physical splitting of the Fund, but rather an accounting splitting.
Reserve minerals will be valued at ôspeculativeö long-term prices according to our valuation strategy and pricing model. Therefore, minerals on Reserve will not be affected by market volatility. In contrast, Active minerals will be valued at fair market price, which is not acquisition price or sales price, and therefore will be exposed to market volatility. The ratio between Reserve and Active minerals will evolve with market needs.
A major benefit of the new accounting method is that share price will reflect mineral market conditions and not some ôun-realö fixed price. In order to encourage share trading in the secondary, we plan to provide a daily share price quote, and upgrade BSAMR shares with new tradable shares, effectively removing the stock ledger restrictions. As far as I know, this will be the first time that a share price will be tied to a sector of the eve economy.
BSAMR 43,650 shares available Please place your reservation in the sales thread.
Coming soon
- Revised prospectus
- Tradable shares
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2008.11.13 15:54:00 -
[62]
Edited by: BSAC MMM on 13/11/2008 15:57:48
Block Ships and Ammunitions Corporation Exchange
To help investors trade their shares, BSAC has opened a new corporation exchange. Remaining corporation shares will be sold in the Exchange on an ôas neededö basis. The exchange is a free service û no trade fees.
LINKS BSAC Exchange Place your bid
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2008.11.13 18:36:00 -
[63]
Originally by: Waseem With this change you have me listed as a purchaser, do I need to now send you 90m for that to be valid?
Since the 10% wasn't required before.
Since your order was pre-exchange, no bond is required from you. In addition, I'll probably remove bond requirements to shareholders wanting additional shares.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2008.12.11 18:04:00 -
[64]
Batch 13 available
Please place your reservation in the sales thread or purchase in the BSAC Exchange.
There are only three batches left for sale.
Any questions regarding this venture should be placed in here.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2008.12.23 17:11:00 -
[65]
Shares Available below offer price!
BSAC Exchange.
Any questions regarding this venture should be placed in here.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2008.12.24 13:27:00 -
[66]
Originally by: Ikkawan I've not used the exchange before. There's 2 sell orders on the exchange that I'd like to take. Do I place 2 matching buy orders and let the exchange resolve them?
Ikka
Correct, place two buy order in the Exchange.
Now, if you place a buy order that matches a sell order, then send ISK to BSAC MMM. So in your specific case you can send your investment in.
In contrast, if a buy order does not match any sell order in the Exchange, do not send isk until I contact you with a matching sell order.
IMPORTANT! I created a shell corporation (BSAMR) to issue the shares. For security reasons, I purposely closed the corporation shortly after the shares were created. This prevents anyone to create additional shares and it locks the corp description with its disclaimer.
You must read the prospectus before investing.
Trades are typically transactions between investors, and therefore trades are final. BSAC simply acts as a third party and updates the stock ledger.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2009.01.28 01:54:00 -
[67]
Shares available at 10% discount!
Limited offer while shares lasts. 40,000 shares available.
BSAC MinMa Information Desk |

BSAC MMM
EVE Mineral Reserve
|
Posted - 2009.01.28 02:26:00 -
[68]
Sale Price 90,000 K
24,895 left
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BSAC MMM
EVE Mineral Reserve
|
Posted - 2009.01.28 02:39:00 -
[69]
Correct
BSAC MinMa Information Desk |
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