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Raskor
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Posted - 2008.02.26 03:53:00 -
[1]
Originally by: MasterTao Dividends paid out.
I will try to compile the report for tonight or tomorrow morning. Thx for your patience.
When were these paid?
According to my journal, the last times I received dividends for this venture was 1/31 and 1/17.
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Raskor
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Posted - 2008.02.27 03:11:00 -
[2]
Originally by: dank nuggets just the bond holders are supposed to be receiving dividends correct?
Correct. Still waiting on the mid Feb interest payment.
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Raskor
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Posted - 2008.03.03 06:34:00 -
[3]
Originally by: Tarun Thred Any chance of some further communication as to what has happened to the mid February dividends?
tt
A reply in another post related to this venture states that he was in a car accident. Here is hoping for a speedy recovery.
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Raskor
Crossflow Enterprises
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Posted - 2008.04.20 20:40:00 -
[4]
Anyone have any news? Master Tao came back on 3/4 and paid the loan interest and hasn't posted since.
There are now 3 loan payments overdue.
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Raskor
Crossflow Enterprises
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Posted - 2008.05.09 14:05:00 -
[5]
I've been thinking the same thing. He appears to have dropped off the map completely and is now a full 2 months of payments behind. So at what point do we petition Ricdic to liquidate the security and repay the investors?
Note: I'm not advocating a liquidation at this time, but would be interested in a discussion as to when would be an appropriate time. 3 months behind? 6 months?
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Raskor
Crossflow Enterprises
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Posted - 2008.06.13 16:39:00 -
[6]
Edited by: Raskor on 13/06/2008 16:45:01 Edited by: Raskor on 13/06/2008 16:43:25
Originally by: EBANK Ricdic I am going nowhere soon.
SYDI - 25 billion isk operation. Secured with a Damnation BPO (which was valued at about 18b by MasterTAO)
IPO Share Price = 100k per share
EBANK Buyback Price = 100k per share
So are you saying this venture was not 100% secured?
In the original thread, I understood this to be actually 3b of public investment over secured by the Damnation:
Shares- The Corporation will be created with an initial share of 250,000 Valued at 25b in total. 30,000 shares will be available for purchase by public @ 100,000 each, which will raise 3b in isk. I shall a stake by investing 4b isk and locking the production of a Damnation BPO and value it at 18b (real value of around 25b) for a total of 22b in stake.
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