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Ayami Sakura
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Posted - 2008.02.01 06:28:00 -
[1]
Thought I might post before heading off to work...
One day after the last dividend was supposed to take place Ionia came on the forums and anounced she would be switching to a monthly payout schedule again. No more information was given at the time and questions went unanswered. This was two weeks ago...
Is anyone else starting to get worried? I mean, FRPB dividends have been running like clockwork, and I have no doubt that handling such vast amounts of public isk must be quite a job. The fact remains that us investors deserve SOME meassure of information comming our way. The silent treatment works fine if everything is working as intended, but not in cases like this.
Anyone got any information regarding Ionia and FRPB?
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Ayami Sakura
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Posted - 2008.02.01 06:40:00 -
[2]
No one else? Oh well, I for one will feel alot better once the wallet flashes. As I'm only a small-time investor (1500 shares) it's more of a trust thing. Good to see the community hasn't gotten quite as paranoid as I have.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.02.01 06:51:00 -
[3]
Around MD we all have our paranoid moments, FRPB just hasn't triggered it yet.
At least for me it's currently at the "mild concern over Ionia's wellbeing" level. If Ionia starts showing up in game or on the forums and still doesn't give an explanation then I'll start to get paranoid but for now I think Ionia has earned the benefit of the doubt.
5% Mining & Manufacturing Implants |

Treelox
Amarr Market Jihadist Revolutionary Party
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Posted - 2008.02.01 07:18:00 -
[4]
Edited by: Treelox on 01/02/2008 07:18:47
Originally by: Ayami Sakura
One day after the last dividend was supposed to take place Ionia came on the forums and anounced she would be switching to a monthly payout schedule again.
For the sake of accuracy, it was not one day after it was the same day that divys were due that the annoucement was made.
Do I think you should be worried? I guess, maybe a little. I think you would be far better served to sit tight for the next 36-48hrs, and if at that point no dividends or communication for Ionia, then get seriously concerned.
No I do not have any information regarding Ionia or FRPB, I used to be a corp m8 of Ionia's(different char), and none of the 5-6chars of his that I know of have I seen on line since the 2nd of January. This doesnt in itself mean much, since I know that he has charaters besides those 5-6 I just do not know their names. I do know that his RL was really fecked up in November and Decemeber, I dont know if that trend continued on into January, since I havent chatted at him since before Christmas.
---
Disclaimer
I do not, nor have I ever held any bonds issued by Ionia. The reason for this was because to me it was a potential conflict of intrest for me, while we were corpmates.
---edit typos --
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Iskabal
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Posted - 2008.02.01 08:07:00 -
[5]
Also if you look at the other times you have gotten divi from FRPB they were paid out after 1700 gametime, that is still a few hours away, so do as Treelox says, sit tight, wait a couple of hours more, or you could dump your bonds in case you dont feel confortable having them around 
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Ray McCormack
hirr
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Posted - 2008.02.01 18:35:00 -
[6]
If there's something wrong...in your dividend-hood...who you gonna call?..Ricdic!
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Ricdic's Hoe
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Posted - 2008.02.01 19:11:00 -
[7]
Originally by: Ray McCormack If there's something wrong...in your dividend-hood...who you gonna call?..Ricdic!
Hey I wasn't gonna post here at all as I figured I'd said enough already 
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Hexxx
Minmatar
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Posted - 2008.02.01 19:53:00 -
[8]
Originally by: Ricdic's Hoe
Originally by: Ray McCormack If there's something wrong...in your dividend-hood...who you gonna call?..Ricdic!
Hey I wasn't gonna post here at all as I figured I'd said enough already 
Me too!
Oh...wait...
Consulting, IPO Template, and Stock/Bond definitions.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2008.02.01 20:49:00 -
[9]
FRPB dividend was paid about an hour ago - and was a 7% dividend (I don't own any FRPB myself, but hold some as collateral on loans).
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Marcus Baltar
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Posted - 2008.02.01 22:58:00 -
[10]
Originally by: FastLearner FRPB dividend was paid about an hour ago - and was a 7% dividend (I don't own any FRPB myself, but hold some as collateral on loans).
I confirm that the FRPB dividend was paid at 19.49-19.50 by FRPB Manager and was at 70,000 ISk per share/bond (the expected 7%).
I confirm that the 6LTD dividend was paid at 19.37-19.43 by 6LTD Manager and was at 60,000 ISK per share/bond (the expected 6%).
Thank you to all those who were worried about these dividends and the lack of Ionia online (an army of alts?) and enabled me to acquire some nicely priced shares/bonds 
Well done Ionia (and alts) and keep it up (please) 
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Mr Horizontal
KIA Corp KIA Alliance
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Posted - 2008.02.01 23:47:00 -
[11]
Originally by: Marcus Baltar ... enabled me to acquire some nicely priced shares/bonds 

I'm gonna agree with this. Let's just say FRPB is wonderful stock to play daytrader with.
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Ricdic's Hoe
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Posted - 2008.02.01 23:53:00 -
[12]
Originally by: Marcus Baltar Well done Ionia (and alts) and keep it up (please) 
Actually my point still hasn't been addressed and is valid. If Ionia isn't earning any money (due to him playing eve for 30 minutes a month) then it's only a matter of time before he runs out of money to dividend out. Anyway I hope I am very wrong.
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FastLearner
Fury Holdings Brutally Clever Empire
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Posted - 2008.02.02 00:54:00 -
[13]
Originally by: Ricdic's Hoe
Originally by: Marcus Baltar Well done Ionia (and alts) and keep it up (please) 
Actually my point still hasn't been addressed and is valid. If Ionia isn't earning any money (due to him playing eve for 30 minutes a month) then it's only a matter of time before he runs out of money to dividend out. Anyway I hope I am very wrong.
In which case you surely should be selling off your FRPB shares and not taking any more as collateral rather than blabbing on about it here? I'm still taking them as security - as it takes two defaults for it to hurt me (Ionia AND the borrower). My best guess is Ionia has become bored of the game and is barely playing - but 7% return doesn't actually need much playing to achieve. If he got some T2 BPOs at good prices then logging in for 1 day a month could allow payment indefinitely and capital growth. I'd not touch any bonds/shares from someone so uncommunicative myself - but I don't see how your post enlightens anyone on anything. We all know Ionia is just going through the motions already - all that varies is the degree to which we believe he can meet his obligations. For now Fury Bank is happy to take FRPB shares as 90% collateral on loans (which is the maximum we'll offer for anything as collateral - as collateral has to cover interest not just the principal).
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SiJira
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Posted - 2008.02.02 15:45:00 -
[14]
ionia is the jita of investments Trashed sig, Shark was here |

DarkStar251
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Posted - 2008.02.13 18:42:00 -
[15]
Originally by: Ricdic's Hoe
Originally by: Marcus Baltar Well done Ionia (and alts) and keep it up (please) 
Actually my point still hasn't been addressed and is valid. If Ionia isn't earning any money (due to him playing eve for 30 minutes a month) then it's only a matter of time before he runs out of money to dividend out. Anyway I hope I am very wrong.
As someone that owns ~13% of FRPB (about 26,000 bonds) I can say that I trust Ionia completely.
I know for certain he holds *alot* of accounts. I mean LOTS.
Its entirely possible he has been playing non stop and nobody has seen him on as they don't know all the chr names.
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Roast Bifcurtains
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Posted - 2008.02.13 21:22:00 -
[16]
I can say as someone who owns some FRPB that the Jan 15th payment of 3.5% was never paid. It was not rolled into Feb 1st dividend, it just wasn't paid.
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Endless Love |

Raskor
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Posted - 2008.02.13 23:01:00 -
[17]
Edited by: Raskor on 13/02/2008 23:01:51
Originally by: Roast Bifcurtains I can say as someone who owns some FRPB that the Jan 15th payment of 3.5% was never paid. It was not rolled into Feb 1st dividend, it just wasn't paid.
I currently hold 255 bonds.
On 2/1, Dividends totaling 17,850,000 isk (7.0% on IPO price). On 1/1, Dividends totaling 8,925,000 isk (3.5% on IPO price). On 12/15, Dividends totaling 8,925,000 isk (3.5% on IPO price).
Seems correct to me.
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DarkStar251
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Posted - 2008.02.14 06:06:00 -
[18]
Originally by: Roast Bifcurtains I can say as someone who owns some FRPB that the Jan 15th payment of 3.5% was never paid. It was not rolled into Feb 1st dividend, it just wasn't paid.
Lies....
Wallet/mail pic...
FRPB totals 200bn isk, or 200,000 bonds. There were 7 dividend payments of 2bn each, as shown by the 7 mails. Total payout 14bn, 14/200 = 0.07, or 7%. The wallet correctly shows 7 payments of 1% each (252m or so in my case).
I spent all the cash on more FRPB shares as I'm hardly playing right now :P
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