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Night Crow
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Posted - 2008.03.06 22:40:00 -
[1]
Sorry But I will be closing a bond today
I have decide to cancel my 10% Bond so I can sell my 5 freighters BPOs at good prices while I can So I work it out as 8000m+800m=8800 For 1 month + 17 days 500m round up, + at another 50m just for the sake of it
So I will be giving 9350 as a div today so I can close the bond and sell the 5 Obelisk BPOs
Then come a pirate, Yarr
All the other bonds stand at this time
Will be closing the 7% Bond soon to sell the other BPOs and maybe open another bond with diff BPOs
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Charlie Drago
Crimson Pact
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Posted - 2008.03.06 23:03:00 -
[2]
Originally by: Night Crow Buy Back
I chose to buyback at anytime after the two months which I will paid it through the Dividends So If I want to buy back 10% I will put an extra 10% down in Dividends
So there be No BuyBack until two months have ended If I decide to carry this on and you want a buy back it will be at 100% of the then shares prices Which will be 1.21m
Source
So you are giving out 9350m to 8000 shares, 9350/8000= 1.16m instead of the 1.21m after 2 months you are supposed to pay when you can actually buy back the shares? It sounds to me like you want to get out without paying the extra interest/dividends that you promised.
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Raskor
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Posted - 2008.03.07 03:45:00 -
[3]
Edited by: Raskor on 07/03/2008 03:48:33 Confirming payment of original investment plus approx 16.9% interest.
However, the original bond sale didn't state any provision for an early closure. Which brings the question, if the investors are locked in for the initial 2 months, is it appropriate for an early closure at less than the promised 2 month value?
Originally by: Night Crow
Buy Back
I chose to buyback at anytime after the two months which I will paid it through the Dividends So If I want to buy back 10% I will put an extra 10% down in Dividends
So there be No BuyBack until two months have ended If I decide to carry this on and you want a buy back it will be at 100% of the then shares prices Which will be 1.21m
Edit: If my math is correct, the payments reflects an approx 10.8% per month rate, given 47 days of actual investment.
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Shadarle
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Posted - 2008.03.07 04:09:00 -
[4]
Heh, I believe I just made a post the other day questioning how Night Crow was going to make the money for these bonds considering the way the freighter BPC market is going. Guess I was right to wonder.
I just wonder what is different now than a month ago. It's been clear for 2+ months where things were headed... why would anyone doing freighter copying be scared now if they weren't then?
Oh well... was hoping to get a good 10% + investment... but I can't complain too much. Money was returned + interest. Far better way to close up shop than many others have done.
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Ambo
2nd Outcasters
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Posted - 2008.03.07 07:03:00 -
[5]
Agreed. I'm dissapointed that this has closed early but it still ranks as a very well paying IPO.
Will you be wanting the shares returned?
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Bad Bobby
Ugly Toys Zzz
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Posted - 2008.03.07 07:15:00 -
[6]
Isk recieved!
Although this is technically in breach of the original agreement, I think you are doing the right thing. I can't complain about the returns and I don't blame you for getting out now.
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Kazuo Ishiguro
House of Marbles Zzz
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Posted - 2008.03.07 11:15:00 -
[7]
Let us know if you want the shares back, and keep me posted if you decide to issue another bond at 7% or better. My research services Spreadsheets: Top speed calculation - Halo Implant stats |

Night Crow
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Posted - 2008.03.07 14:06:00 -
[8]
Sorry cutting bond short but the BPOs finish about 2 to 3 days ago. Didnt want to wait another month to sell them
At this time I looking what other BPOs make money
Meanwhile I wardecing some corps for fun and some pirating on the side
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Night Crow
Divine Madness
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Posted - 2008.03.14 20:15:00 -
[9]
Closing the 7% Bond Paid out 8 days interest Also Paid out so far 4 Billion 4 more to go
Ricdic I still waiting on those BPOs and the copys that should of finish over a Week ago.
Mind you he did send this last Friday Will do, might take a couple of days tho as we are at war.
The reason I mention this here is hoping that he speed it up
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Kwint Sommer
Lothian Quay Industries Otaku Invasion
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Posted - 2008.03.14 20:20:00 -
[10]
I nolonger have any alts in Zzz so I can't confirm this but I strongly suspect that the war dec was not extended and has thus been over for a few days now.
By the way, what is the bond issuing corp's name that you are shutting down?
Purchasing and Shipping Moon Minerals |

Night Crow
Divine Madness
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Posted - 2008.03.14 21:00:00 -
[11]
Corp is GhostStorm Ind
The Money was sent to the people not by shares The person who sent it was Ball Lighting
Only Ebank and the shares with Ebank Ricdic yet to be paided, so I think that is yours
The war dec is going on for another week
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Kwint Sommer
Lothian Quay Industries Otaku Invasion
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Posted - 2008.03.14 21:05:00 -
[12]
Thanks, that's what I thought.
My shares are being held by an alt of Ricdic's, I don't remember the name though I suppose it's possible that he shifted them back to Ebank Ricdic. I'll ask him about that as those shares were securing a loan. Oh well, I guess I can just pay the loan off....
Purchasing and Shipping Moon Minerals |

Night Crow
Divine Madness
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Posted - 2008.03.14 21:26:00 -
[13]
Edited by: Night Crow on 14/03/2008 21:25:59 I wouldnt use Ricdic next time, Next time I paid someone else like Ray
As he hasnt sent me the BPCs from the 2nd bond yet I only just notice, they should of finish like 25 days ago
Before the war dec started
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Kwint Sommer
Lothian Quay Industries Otaku Invasion
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Posted - 2008.03.14 22:13:00 -
[14]
I realize you may be having some issues liquidating your IPO but I would like to point out -especially as part of the group that didn't get paid yet- that those whom you have yet to pay as this fiscal week comes to a close are still due interest. I emphasize this because I'm paying interest on a loan that I will be paying down with this ISK....
Purchasing and Shipping Moon Minerals |

Night Crow
Divine Madness
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Posted - 2008.03.14 23:06:00 -
[15]
Div was sent off So Ricdic has got your interest THEN I send the money to the people In which I done this before I wrote on the forums
It only Ebank and you left
Just putting up more Freighters BPOs on Contracts as I speak. And should have the isk Beginning of next week
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Night Crow
Divine Madness
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Posted - 2008.03.14 23:50:00 -
[16]
I have Send money to Eve-Tech Savings n Loans's account of 2 billion. I think that maybe yours
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Leowen
Industrial Giants
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Posted - 2008.03.18 13:59:00 -
[17]
Edited by: Leowen on 18/03/2008 14:08:44 EDIT - Confirming receipt of payback of my 2b investments in both above mentioned bonds, along with cash-out payments in line with above posts.
All satisfactory imo, NC let me know when you need some more public cash.
Leo
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Kwint Sommer
Lothian Quay Industries Otaku Invasion
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Posted - 2008.03.18 20:35:00 -
[18]
Originally by: Leowen Edited by: Leowen on 18/03/2008 14:08:44 EDIT - Confirming receipt of payback of my 2b investments in both above mentioned bonds, along with cash-out payments in line with above posts.
All satisfactory imo, NC let me know when you need some more public cash.
Likewise, I have received my initial 2B plus interest. Give me a holler the next time you make a public offering.
Purchasing and Shipping Moon Minerals |
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