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Ricdic's Hoe
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Posted - 2008.02.05 06:06:00 -
[1]
Ok, as per the EOI thread being handled by Trading Bunnz found here the smaller investor has a chance to get involved in this project. Don't even consider investing unless you believe the plan put forth by Trading Bunnz is acceptable. This is unsecured, and a 0.0 operation so loss should be heavily weighed in.
I am offering to sell shares in this at 10m per share. Once I have enough funding (in batches of 7b) I will organise with Bunnz to add to his logistics operation.
I need to create a holding corporation for this still so we are looking at around 72 hours before shares can be sent. If you want to purchase shares send Ricdic's Hoe funding in 10m incremements
At this point I will cap it at 21b and take it larger after speaking with Bunnz.
In terms of profits, I will recieve 10% of all profits recieved (lets say we make 2b profit in month 1 (with 7b invested) I will take 300m. The POS manager (myself or another) will take another 10% of all profits recieved (another 300m).
So assuming the above 2b profit, the investors would recieve a return of 1.4b off that 7b investment, or 20% return.
Remember, this isn't endorsed by me in any way. I am offering this as a vessel that can be used to get into this project without needing to worry at all about logistics and large buy-ins. That doesn't detract from the risk factor of course which has been adequately addressed in the other thread.
21b worth of shares are available at the moment.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.02.05 06:18:00 -
[2]
I posted stuff in the other thread at the same time as you along the lines of considering an IPO.
Bunnz has said that if we get enough towers in one corp its highly likely the alliance will give us sovereignty which cuts our fuel costs in half and thus lets us make a solid profit off of reactions that wouldn't be worth the trouble with full fuel costs and makes running them that much easier plus Bunz will discount logistics below the 5%. How much is not clear, who and what the alliance wants is not clear, tons of stuff still needs to be ironed out but half fuel costs allow for a whole new scale and with it whole new levels of profit. At the very least it would probably make up for his fees.
So I'm extremely interested in some sort of mutual corporation as I can't afford more than 20 towers but I can definitely manage 50. We should really talk about the possibilities here though I swear I'm going to bed now.
5% Mining & Manufacturing Implants |

Ricdic's Hoe
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Posted - 2008.02.05 06:21:00 -
[3]
Ok Kwint sounds like we have some chatting to do
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Ambo
2nd Outcasters
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Posted - 2008.02.05 06:48:00 -
[4]
I'll be contacting you, similar to Kwint, I have plenty of cash for this opportunity but little desire to manage POS towers.
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Trader? Investor? Just want to track your finances? Check out EMMA |

Raskor
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Posted - 2008.02.05 06:51:00 -
[5]
I wish to reserve 5 shares (50m isk).
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jna
Caldari Black Ash Enterprises
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Posted - 2008.02.05 07:57:00 -
[6]
I think this is a really interesting opportunity, and many, many thanks to Ricdic for opening this up to the smaller investor.
Count me in for 1B iskies (100 shares).
I've sent the money to Ricdic's Hoe.
ta muchly. ------------------------------------------------- When Carebears Attack! <-- Hulk PvP video |

Tiswas
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Posted - 2008.02.05 08:13:00 -
[7]
I'll take 60 shares (600mil)
Isk on the way.
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Jackie Fisher
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Posted - 2008.02.05 09:38:00 -
[8]
Originally by: Ricdic's Hoe
... I will recieve 10% of all profits recieved (lets say we make 2b profit in month 1 (with 7b invested) I will take 300m. The POS manager (myself or another) will take another 10% of all profits recieved (another 300m).
Am I misunderstanding how you and the POS managers cut are calculated as to me you appear to be saying 10% of 2 bil is 300M?
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Ricdic's Hoe
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Posted - 2008.02.05 10:19:00 -
[9]
Sorry I will fix that up. I had it at 15% at first and reduced it to 10% without changing that number. Thanks for pointing it out 
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Auri Hella
Anqara Industries Blue Sky Consortium
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Posted - 2008.02.05 12:20:00 -
[10]
Edited by: Auri Hella on 05/02/2008 12:26:06 Reserving 200 shares for two billion isk.
Money coming later today.
Edit: actually I'll double the original amount 
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MarginRunner
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Posted - 2008.02.05 12:44:00 -
[11]
Hullo Ricdicy
I would like to reserve a meager 30 shares, this does sound like a rather good investment opportunity but I have some otehr short term investments running at the moment! I will send you the iskies once i see you online in Ebank channel or some other such location, just because I have uncontrollable paranoia and don't know for sure that you are the same Ricdic that we all know and love.
Thinking about it, starting an alt named Ricdic's Spade etc... and claiming to be running some new form of investment scheme would probably be a sure fire way to scam some billion. Now that I've said it though I think it would ever work, as people will hopefully be just that little bit more cautious.
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Marcus Baltar
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Posted - 2008.02.05 12:58:00 -
[12]
I would be interested in a 250 million ISK investment (25 shares) in this.
Will you be working with Kwint Sommer, or is this in addition?
Thanks. 
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EBANK Ricdic
Eve-Tech Savings n Loans
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Posted - 2008.02.05 14:19:00 -
[13]
Ricdic's Hoe is one of my many alts. I chose him to handle the isk as he has no corporate reporting requirements etc. (well not until now).
As for the other guy, I will be chatting to Kwint over the next few hours if he is online, and I wouldn't be surprised if I brought him on board. Truth be told I don't know a major amount about this industry, and I know Kwint does as I have brokered the transaction between him and another party for a different moon mining setup.
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Rock Brazen
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Posted - 2008.02.05 14:33:00 -
[14]
I am in for 100 shares. Money sent to Ricdic's Hoe.
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TomHorn
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Posted - 2008.02.05 14:54:00 -
[15]
Id like to invest 500mill (50shares) isk sent to ricdic's hoe
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Saint Lazarus
DROW Org Brotherhood of the Spider
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Posted - 2008.02.05 15:18:00 -
[16]
Logically speaking I think its a way too risky investment and a bad idea but gut feelings telling me to go for it (weather its greed or a geniune feeling its gonna succeed I dont know)
either way im gonna buy 25 (250 mil on the way) shares and many thanks to Ricdic for this chance for smaller investors Please resize signature to a maximum of 400 x 120, not exceeding 24000 bytes. If you would like further details please mail [email protected] ~Saint
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Relyen
Caldari Digital Fury Corporation Digital Renegades
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Posted - 2008.02.05 15:39:00 -
[17]
Edited by: Relyen on 05/02/2008 15:39:58 Well, it may be risky. But I'm in for 50 shares. Will send isk when I get home later tonight.
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virox sci
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Posted - 2008.02.05 16:04:00 -
[18]
10 shares for me please _________________________________________________________
Effort and Profit have a very hand-in-hand relationship =) |

Jackie Fisher
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Posted - 2008.02.05 16:15:00 -
[19]
I'll take a punt on 200 mil worth please - ISK on its way
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Graphhh
ai iz ninja
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Posted - 2008.02.05 16:53:00 -
[20]
Rezerve 25 shares pls / ISK will be sent in a couple of hours :)
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Ambo
2nd Outcasters
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Posted - 2008.02.05 18:38:00 -
[21]
Just confirming I've sent 6 bil for 600 shares.
--------------------------------------
Trader? Investor? Just want to track your finances? Check out EMMA |

Hadesfire
Caldari Happy hOur Mining and industry Brutally Clever Empire
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Posted - 2008.02.05 19:35:00 -
[22]
I'd like to reserve 50 mil worth. I'll send the ISK when I get home from work.
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Erunamane
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Posted - 2008.02.05 19:45:00 -
[23]
I'd like to reserve 5 shares for 50m please. Money is sent to Ricdic's Hoe. Thanks for the opportunity for smaller investors.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.02.05 19:54:00 -
[24]
I'm still working on compiling everything I need to before sending you that email Ricdic but looking at this offer of yours I don't think you've fully thought out the managing costs.
Back of the envelope calculation: 20B in capital * 20% profit * 10% management fee = 400M per month It takes an hour a day to manage these POS's (fueling and shipping reaction contents around on 20+ towers is a real pain) so 400M / 30 = 13.3m per hour so about half what a good L4 mission runner makes. I can't imagine anyone that knows the inns and out of running reactors would manage your rather large chain for half what a mission runner makes. He would make substantially more off a single 2-POS reaction chain than doing this.
I'm hoping we can roll this into my IPO plans and in so doing substantially increase profit for the investors (30% decrease in fuel use anyone?) and come up with a management scheme that would make them manager more than running L4's. Especially considering the difference between an "ah, I keep the towers full" manager and an "I update my market orders so often my journal fills up in a day" manager is upwards of 10B a month in profits. I wish I had my IPO plan ready but I want to do it right the first time and that's taking a while, plus I have a meeting with Dr. Whyte in like 10 minutes...expect an email in a few hours though.
5% Mining & Manufacturing Implants |

Amarr Citizen 155
Alternative Methods Research Group
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Posted - 2008.02.05 19:57:00 -
[25]
Originally by: Kwint Sommer I'm still working on compiling everything I need to before sending you that email Ricdic but looking at this offer of yours I don't think you've fully thought out the managing costs.
Back of the envelope calculation: 20B in capital * 20% profit * 10% management fee = 400M per month It takes an hour a day to manage these POS's (fueling and shipping reaction contents around on 20+ towers is a real pain) so 400M / 30 = 13.3m per hour so about half what a good L4 mission runner makes. I can't imagine anyone that knows the inns and out of running reactors would manage your rather large chain for half what a mission runner makes. He would make substantially more off a single 2-POS reaction chain than doing this.
I'm hoping we can roll this into my IPO plans and in so doing substantially increase profit for the investors (30% decrease in fuel use anyone?) and come up with a management scheme that would make them manager more than running L4's. Especially considering the difference between an "ah, I keep the towers full" manager and an "I update my market orders so often my journal fills up in a day" manager is upwards of 10B a month in profits. I wish I had my IPO plan ready but I want to do it right the first time and that's taking a while, plus I have a meeting with Dr. Whyte in like 10 minutes...expect an email in a few hours though.
Kwint, perhaps you and I can have a chat in-game about several things. Catch me sometime.
---------------------------------------------- Why do it the hard way when you can do it the AMARR way. |

Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.02.05 19:59:00 -
[26]
Just to give you guys an idea of what kind of profits can be made, check these numbers out. You know you like those percents.
Those are based on lowest Jita sell, not highest Jita buy which would make them even better. I can't guaranty that I will be able to play the .01 ISK game to get those %'s even higher but I can guaranty that I'll keep the spreadsheets up to date and switch production to the most profitable things as the market changes. Don't get a manager that just keeps them fueled, he'll produce things like Tungsten Carbide and you know people are, just check the volume.*
*Tungsten Carbide can be produced at a tiny profit if you buy the intermediate products off the market but those are obviously being produced at a loss so you get my point.
5% Mining & Manufacturing Implants |

Ryu Kibegami
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Posted - 2008.02.05 20:01:00 -
[27]
I would like twenty shares. I will send ISK to the Ricdic's Hoe within two hours.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.02.05 20:05:00 -
[28]
Those Tungsten Carbide numbers really didn't look right.....
They should have been: (typed in the wrong number in excel, this is a new xml made today for the IPO)
Tungsten CarbideRolled Tungsten Alloy + Sulfuric Acid10,00075103,680,000540,000,000436,320,00043,920,000404,136,000218,651,400
I'll update the pic after that meeting.
5% Mining & Manufacturing Implants |

Ulstan
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Posted - 2008.02.05 20:58:00 -
[29]
A very interesting idea. I'll reserve 20 shares.
I'm intrigued to see how this turns out, given the dangers of 0.0 and all.
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Kwint Sommer
Incoherent Inc Otaku Invasion
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Posted - 2008.02.05 23:27:00 -
[30]
You've got mail!
I detailed the economics of the business and showed that it's nice and surprised myself a bit with the level of profit even if we go with a near even distribution between the 11 complex reactions. I need to do some fine-tuning beyond what I sent you but even without it there's substantial profit to be had.
We can get into the less fun parts of determining the management fees, the structure of the public offering, investors and all that stuff after dinner.
5% Mining & Manufacturing Implants |
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