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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.15 17:26:00 -
[1]
Hello. my name is Hunnerkongen, manager of the Egyptian Masons corporation. We have decided to move into industry and have taken up a small group of experienced crafters (not sure how else to put it) willing to work for us. These people will create dreadnoughts (Caldari Phoenix) with the materials provided to them by the people in the Egyptian Masons corporation. However, to recieve these materials, we are hoping that the community would be able to help us obtain those required materials.
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The Plan We hope to recieve isk from the community to purchase required materials for creating the Dreadnoughts. Here is the plan:
1. Recieve isk (50-100 Billion) 2. Buy the materials 3. Instantly begin the creation of the dreadnoughts 4. Sell the created ships 5. Recieve isk from sold ships 6. Return the isk to donators + 16% of what they donated 7. Split the remainder of the isk between the workers/managers 8. Repeat the process (Possibly) ____________________________________________________________________
This will most likely be a long process (2-5 or more months depending on how long it takes to recieve the required amount of donations) but will definately pay off in the end. Yes, what you donate will be refunded + 16% when the 'expedition' is over.
We would like to begin collecting isk as soon as possible so we can get this started. To 'donate', send the amount of isk you wish to send to Hunnerkongen and also send an eve-mail to Hunnerkongen saying how much you sent and adding any additional comments you wish.
We will accept donations starting at 100 Million isk in increments of 100 Million isk. There is no max amount you can send.
Please feel free to ask questions. __________________________________________________________________________________
Process Record:
Step 1: Started (50 Billion more isk required) Step 2: 0% Complete Step 3: 0% Complete Step 5: 0% Complete Step 6: 0% Complete Step 7: 0% Complete Step 8: 0% Complete
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.15 17:56:00 -
[2]
Originally by: Ray McCormack Besides the fact you said 'crafters', why would you need 50-100b ISK to start producing one dreadnought?
It's not one dreadnought.. we need 50-100b to create dreadnoughtS to sell.
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.15 19:55:00 -
[3]
believe it or not, this is not a scam, althought there is no way to prove that it is not. Feel free to ask any questions you have about this project.
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.16 13:30:00 -
[4]
Originally by: Stellarr This is pretty much a scam, even if op doesn't run with the isk there is no way this bussiness plan could work.
1) Why would the "crafters" need you, basically a middleman? They could just go directly to investors and increase their profits by the amount you plan to pocket yourself. (also, if this was such a profitable bussiness that you can not only make profits and pay dividends, but also pay a middleman, why isn't anyone doing it?)
2)16% sounds great, untill you realize that it's 16% in the end (and not per month) Then you have a very loose deadline for paying those 16%. 16% in 2 months is a nice 8% per month. 16% in 5 months is a lowly 3.2% per months. If it takes you more than 5 months monthly % falls even more to the point there is no reason to invest even if everythign else was fine.
3) No dedline as to when this operation would start (of course, with a timeframe of 2-5months or more I guess that doesn't matter) still, what if you only rise 10 billions? Does that mean those investors will never get their isk since according to your plan you would still be on step 1
Regardless of if it's a scam or not you need to do better than that.
1) The crafters need me because i started the operation and i am collecting the isk and distributing the materials needed to build the ships.
2) True, however we hope to get this started as soon as possible and the faster we can raise the isk to begin this op, the sooner the isk will be returned.
3) (I should have posted this information, sorry) If we don't raise the required isk in 1 month (April 15), we will return the isk +6% and consider it a mission failure.
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.16 14:19:00 -
[5]
Edited by: Hunnerkongen on 16/03/2008 14:20:52
Originally by: cosmoray
Originally by: Hunnerkongen believe it or not, this is not a scam, althought there is no way to prove that it is not. Feel free to ask any questions you have about this project.
OK I'll bite.
1. Name the 'crafters' who will make the dreadnoughts, with a link to eve-skills to prove they can make them Sorry, the corp does not want me to give this information out
2. How do you handle security. Have to build dread's in low or 0.0. How will you stop pirates or alliances popping your POS We will not be attacked
3. Why do you need so much capital. You can make 1.5 yrs worth of ships with that We need this much capital to make it worth the work for both our investors and our 'crafters'
4. Have you done any research? How did you calculate 16% return for investoers. Well, I have calculated 16% return to be the best number for the investors because we have calculated that if we have 50 investors investing an average of 1 billion isk each, we will recieve around 114 billion isk from selling the ships. That will give our investors 58 Billion isk (to be sent accordingly) and us 56 Billion isk to be split between 20 people, giving us 2.8 Billion isk each.
5. How much profit or salary will you make? I will make 2.8 Billion isk
6. How long will IPO go for? The IPO will go for one month (until april 15th) if, by we have asked yet recieved a certain amount of isk, we will return the invested isk + 6%
7. How come you can't sell all your lottery tickets on event channel? Not enough people willing to buy tickets i suppose.
8. Why do players on your lottery's complain that you are not around when it is time to pay the winner? I was sick when the lotteries ended (bad part about setting them all to around the same day, heh)
9. How come you change your policies on your lotteries? The policies that they start at remain the same 10. The IPO document doesn't have much detail, have you read Hexx's document? Why didn't you follow that. Well i don't want people to be forced to read a bunch of information that may be useless to them, so in my original post i put the main point and am allowing people to ask any questions they may have.
11. What reporting will you provide and how often? I will provide information on how much more isk we need to raise until step one is complete, then i will provide information (daily) on how the process is going.
12. Why have you not contributed on the MD channel before? I've really never taken interest in this forum (to be completely honest)
any finally,
13. Why should we trust you? Well, all of my lottos were legit
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.16 15:33:00 -
[6]
Originally by: Imuran Firstly how many "crafters" are involved 20 crafters + me = 21 people
Quote: Well, I have calculated 16% return to be the best number for the investors because we have calculated that if we have 50 investors investing an average of 1 billion isk each, we will recieve around 114 billion isk from selling the ships. That will give our investors 58 Billion isk (to be sent accordingly) and us 56 Billion isk to be split between 20 people, giving us 2.8 Billion isk each.
So for 50Billion invested you are planning to generate 64Billion profit selling Dreads - thats one hell of a profit margin.
Yes, it is =)
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.16 15:35:00 -
[7]
Originally by: cosmoray
Well you don't really care about the MD channel. So you should run back to your lottos.
SCAM!
I never said i don't care about the MD channel, just that I have never taken interest in it until now.
Very intelligent post btw.
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.16 17:46:00 -
[8]
Originally by: Ambo There is so much wrong with this I don't even know where to start.. In fact, I won't. This is either a blatant scam or the worst thought out IPO I've seen for a very long time.
As said before, this plan is COMPLETELY thought out, however, i don't wish to flood readers with unnecessary information. I have already said that if you have any questions, read my answers to previous questions then if they are still unanswered, feel free to ask them. I can assure you this is not a scam, but if you believe it is, i cannot stop you from not participating.
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Hunnerkongen
Egyptian FreeMasons
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Posted - 2008.03.17 01:54:00 -
[9]
Originally by: TheVad No detailed buisness plan, no isk. A honest businessman would have nothing to hide.
TheVad
i have nothing to hide... i've answered all the questions thrown at me.
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