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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 08:49:00 -
[31]
To be honest I had hoped to keep the corps name because EDINA is the gaelic name for my city, Edinburgh.... Ahwell, if things don't work out for you Kwint I would be willing to part with a few M isk just for the corps name 
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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John Newport
Caldari Newport Family Trust Fund
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Posted - 2008.01.11 09:55:00 -
[32]
Okay, so let me recapture this a bit. I give my shares in this project to Kwint and Kirjava will refund the investment (as far it goes). Ricdic is the middleman that sees to it that this project is going to be brought to a fair end by the involved parties.
Right?
John.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.01.11 09:55:00 -
[33]
Originally by: Kirjava To be honest I had hoped to keep the corps name because EDINA is the gaelic name for my city, Edinburgh.... Ahwell, if things don't work out for you Kwint I would be willing to part with a few M isk just for the corps name 
I'm not particularly attached to the name but parting with it entails shutting down, unanchoring, scooping and redeploying a fair number of POS's and their defenses at considerable cost in time, lost profits and risk. If you're willing to compensate me for all those things I'll throw in the name for free.
5% Mining & Manufacturing Implants |

Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.01.11 09:58:00 -
[34]
Edited by: Kwint Sommer on 11/01/2008 09:58:57
Originally by: John Newport Okay, so let me recapture this a bit. I give my shares in this project to Kwint and Kirjava will refund the investment (as far it goes). Ricdic is the middleman that sees to it that this project is going to be brought to a fair end by the involved parties.
Right?
John.
The closing of EDINA as a publicly traded corp isn't really my department, I just bought it's equipment as part of the closing and would like the shares in the event that I make an IPO at some point in the future. So, don't start give me anything until Kirjava says so.
Edit: Yes, Ricdic is overseeing parts of this, although to what extent I am not entirely sure as that really is not my department.
5% Mining & Manufacturing Implants |

John Newport
Caldari Newport Family Trust Fund
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Posted - 2008.01.11 10:02:00 -
[35]
Originally by: Kwint Sommer Edited by: Kwint Sommer on 11/01/2008 09:58:57
Originally by: John Newport Okay, so let me recapture this a bit. I give my shares in this project to Kwint and Kirjava will refund the investment (as far it goes). Ricdic is the middleman that sees to it that this project is going to be brought to a fair end by the involved parties.
Right?
John.
The closing of EDINA as a publicly traded corp isn't really my department, I just bought it's equipment as part of the closing and would like the shares in the event that I make an IPO at some point in the future. So, don't start give me anything until Kirjava says so.
Edit: Yes, Ricdic is overseeing parts of this, although to what extent I am not entirely sure as that really is not my department.
Okay, fair enough. I'll hold on to the shares then a bit longer until Kirjava refunds the investment (partially or all).
John.
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 10:08:00 -
[36]
Since (assuming Kwint has sent the isk/assets to Ric, doing it by the book) this is goign through, the operation will have all materials inside stations, and hence for the sake of arguement safe from being blown up. I am unsure as to how much isk will be able to be refunded, my rough number that I am workign with atm is a 40% loss for investors, and around 90% loss for my investment. I am goint to take a screenshot of the current investors before handing CEOship over to Kwint, so the towers are his after this. After Ric contracts the assets/isk to me I can melt it all down and dish it out, I am paying him a fee of 50M for this as per the Chibbra 3rd party model.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.01.11 10:25:00 -
[37]
Originally by: Kirjava Since (assuming Kwint has sent the isk/assets to Ric, doing it by the book) this is goign through, the operation will have all materials inside stations, and hence for the sake of arguement safe from being blown up. I am unsure as to how much isk will be able to be refunded, my rough number that I am workign with atm is a 40% loss for investors, and around 90% loss for my investment. I am goint to take a screenshot of the current investors before handing CEOship over to Kwint, so the towers are his after this. After Ric contracts the assets/isk to me I can melt it all down and dish it out, I am paying him a fee of 50M for this as per the Chibbra 3rd party model.
He's had full payment since yesterday, you know that, I even showed you the contract. But it worked out that our schedules sucked because I was able to get the cash together in the interim. So you'll be receiving the originally agreed upon amount in cash as soon as Ricdic logs on and I get to verify EDINA's assets. Oh, I'm interested in everything you showed me earlier and I'm sure we can agree on a price very near lowest Jita selling order.
Sadly though Ricdic isn't on yet and I really have to go to bed so we'll have to finish this in the afternoon.
5% Mining & Manufacturing Implants |

Ricdic's Hoe
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Posted - 2008.01.11 10:40:00 -
[38]
Edited by: Ricdic''s Hoe on 11/01/2008 10:40:56 easiest way would be to make a final dividend payment on your corp with the remaining funds. As a broker I can have an alt join the corp, take ceo position, issue dividend, and then allow you guys to finish the transfer if you want. Either way Kirjava I have the isk so give me a yell on MSN or in-game when you are available and we will sort it out from there.
(me being Ricdic)
Edit: Note, I have been online now for about 3 hours and at the PC. Lets do this 
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 11:31:00 -
[39]
Firing up the laptop now, will login after DT, sitting in the system. For showing me the contract, on a personal contract only the contractor or the contracted can view it, I get an error message.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.01.11 11:36:00 -
[40]
Originally by: Kirjava Firing up the laptop now, will login after DT, sitting in the system. For showing me the contract, on a personal contract only the contractor or the contracted can view it, I get an error message.
I'm expected to be schmoozing with a professor in 3 and a half hours but I'll stay up a bit longer so we can get this done.
5% Mining & Manufacturing Implants |

Stirling Finloth
Minmatar Lothian Quay Industries Zzz
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Posted - 2008.01.11 12:41:00 -
[41]
I'm sitting with Finloth online at the moment, just waiting for Ric to login to complete the transaction.
~What you see here, is my business Poker face |

Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 13:10:00 -
[42]
Transaction done, all lowsec POS and assets are now Kwints ownership - so people wanting to talk to me about them talk to him, if you convo me about the POS I will block you, cheerio.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Klavayne
Free Mercenaries Union FreeFall Securities
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Posted - 2008.01.11 17:05:00 -
[43]
So what now? Will you be paying out the value as a final dividend payment? Or...?
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 17:29:00 -
[44]
Edited by: Kirjava on 11/01/2008 17:31:43 Will be back later, have a few final odds and sodds to sell and then will pay it all out, I can guarentee a total of 50% return for all investors, I am going to sell Doctor Fruitloop and Arianhod if I need to to get this 50%. The moons were sold with POS for lower than what I could of got but circumstances dictated the lowe price of 1.5B.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Four Degrees
Caldari DEEP FRIED RAT Phobos Alliance
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Posted - 2008.01.11 17:31:00 -
[45]
Glad to hear this isn't a total write off.
I'd be more than happy to hand over my shares once the money is sent, that's not a big deal.
Just some clarification on the money front though - Kirj is expecting a 40% loss on our investments and Kwint was offering to pay the difference up to the full investment, so realistically should we then expect 100% investment back?
I may have mistaken what Kwint said, but that's why it's best to get this clarified.
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 17:34:00 -
[46]
If Kwint wants to pay up the loss on the sharevalue then I am not going to stop him, I can't comment on it as I don't know about that to be honest.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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cosmoray
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Posted - 2008.01.11 18:11:00 -
[47]
Kwint
I liquidated my holding a few weeks ago for 50% face value. I lost a bit more than 100m, my loss.
I will take the 50 million ISk to keep the information out of the public domain, and will mitigate my loss and investigating effort.
Information is always valuable to someone!
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.11 18:42:00 -
[48]
Originally by: cosmoray Kwint
I liquidated my holding a few weeks ago for 50% face value. I lost a bit more than 100m, my loss.
I will take the 50 million ISk to keep the information out of the public domain, and will mitigate my loss and investigating effort.
Information is always valuable to someone!
Looks like someone is ticked off that even after payment he is going to make a bigger loss that had he kept his shares. Kwint is the buyer of the chain and not the partner, if you blackmail the details now it dosen't do anything to me personaly or this operation, the new EDINA is dissasociated from my management. Though I must say the irony of the situation is not lost at this end....
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.01.11 19:12:00 -
[49]
The only involvement I have in this is that I bought the corpÆs remaining assets as part of its liquidation. That happened to include the corporation itself, now that I am CEO it is nolonger a publicly owned corporation but rather my personal corporation in which I am the sole-proprietor and I take no responsibility for debts or other liabilities incurred before I purchased it.
Originally by: Kwint Sommer
The closing of EDINA as a publicly traded corp isn't really my department, I just bought it's equipment as part of the closing and would like the shares in the event that I make an IPO at some point in the future.
The only point at which I mention paying anyone is in a response to cosmoray in which I said to him and only him:
Originally by: Kwint Sommer
I think he'll have enough to fully return investor's capital. If you don't get your full investment back I'll pay the difference up to the 50M in exchange for you not broadcasting their positions.
That 50M comes from an offer I made earlier for the moon locations but I was able to find them myself before he could supply them. So I offered to still give him the ISK and in the spirit of him ôsellingö me the locations I assume he wonÆt sell them to anyone else. That said, I have moved the POSÆs that represent 90% of the investment in the event that someone should try to blackmail me. Good luck finding someone who wants to assemble a Dread fleet to take my Cadmium or Chromium moons, they're not worth the ammo. 
As to why I thought Kirjava would be able to fully repay the initial capital: I was not aware that the IPO included more POSÆs than those which I ultimately took control of. Apparently it included two other reaction chains that were both destroyed by pirates, add in the loss of essentially all the modules on the surviving POSÆs and that adds up to about two-thirds of the corps initial assets destroyed. So the fact that Kirjava is managing to pay back 50% is actually quite the accomplishment, though I can understand how his investors might not see 50% loss as an accomplishment. All I have to say is that complex reaction chains are very high risk and that was reflected in the very high interest rate offered on the IPO.
5% Mining & Manufacturing Implants |

cosmoray
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Posted - 2008.01.11 22:00:00 -
[50]
I just logged on and props to Kwint. He was as good as his word and paid me 50 mill ISK. I won't pass any info about POS locations.
Honoring their word on the forums, unbelievable!
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John Newport
Caldari Newport Family Trust Fund
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Posted - 2008.01.12 03:23:00 -
[51]
It was a high risk investment indeed, too bad it didn't work out as intended Kirjava. I'll X-fer the shares to you Kwint when I receive the 50% refund from Kirjava.
John.
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Treelox
Amarr Market Jihadist Revolutionary Party
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Posted - 2008.01.12 11:03:00 -
[52]
Originally by: Kirjava
Will be back later, have a few final odds and sodds to sell and then will pay it all out, I can guarentee a total of 50% return for all investors, I am going to sell Doctor Fruitloop and Arianhod if I need to to get this 50%.
Just wondering how long do you estimate "later" to be? Just wondering so I can plan accordingly. --
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.12 11:21:00 -
[53]
Later was going to be last night, gate camps have since changed these plans to today.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Treelox
Amarr Market Jihadist Revolutionary Party
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Posted - 2008.01.12 12:13:00 -
[54]
Originally by: Kirjava gate camps have since changed these plans to today.
Gate camps do have a nasty habit of disturbing the ease of trade.
:)
Dont these gate campers know, that if there were not any gatecamps we could sell to them cheaper.... :P --
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.12 12:31:00 -
[55]
Yes, the introduction of HACtors was a mistake imho, every gate in the area seems to have one on it . Send scout through, scout dies so I logoff....
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Minerva Vulcan
Caldari The Nexus Foundation Endless Horizon
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Posted - 2008.01.12 12:56:00 -
[56]
Low sec is rough for a single person in a hauler. _______________________________ I need new voices in my head, To speak my secret evils with. I need new lovers in my bed, To be my friends and special pets. |

Trading Bunnz
Deep Core Mining Inc.
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Posted - 2008.01.12 13:37:00 -
[57]
You use lowsec gates? NOW I get what you were doing all wrong. 
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Kirjava
Lothian Quay Industries Zzz
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Posted - 2008.01.12 13:40:00 -
[58]
Originally by: Trading Bunnz You use lowsec gates? NOW I get what you were doing all wrong. 
It took you this long to realise the interest rates were at 18%/month for a good reason? Reactors only work in lowsec, Jump Freighters didn't exist when I started, ofc I was using lowsec gates.
~Nyron
Originally by: Minerva Vulcan But poor victimized Ulf...I weep lavender scented tears for you.
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Trading Bunnz
Deep Core Mining Inc.
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Posted - 2008.01.13 02:59:00 -
[59]
Rorquals did. Carriers did. Courier contracts did. Having run lowsec reaction pos chains, you should simply not be flying through a lowsec gate with cargo unless, a) its a "safe" system, or, b) its an empty system, or, c) its wtz and heading into highsec.
I'm sure you know that now, Eve can give some harsh lessons, but simply put you do not haul cargo through lowsec gates.
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Shadarle
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Posted - 2008.01.13 03:12:00 -
[60]
Originally by: Trading Bunnz Rorquals did. Carriers did. Courier contracts did. Having run lowsec reaction pos chains, you should simply not be flying through a lowsec gate with cargo unless, a) its a "safe" system, or, b) its an empty system, or, c) its wtz and heading into highsec.
Well, if everyone followed your rules then no one would be running courier contracts either... so that's out as well under your own rules.
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