Headmaster Lurch
Amarr
L.U.R.C.H.
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Posted - 2008.07.02 22:30:00 -
[1]
This is a request for public investment capital.
The people:
Mephie - MissionRunner, Industrialist, Commandship pilot
Dallas23 - MissionRunner, Haulerpilot
Dr Agoraphobic - Mephie's alt, MissionRunner, Research, Haulerpilot
Yes, we're NPC corp carebears. We've sent Meph's and D23's full access API key to Shar to verify that we don't look like alts ourselves.
The plan:
1. Use public and private funds to purchase GTCs for a small(5 character) harem of miners.
2. Corp will be run by a character on one of our personal accounts, will be a one man corp. Miners will remain in NPC corp.
3. Use miners to mine ore while leveraging main characters' skills (MiningDir4, WarfareLinkSpec5, Command ships, perfect refine, jetcan haulers) for additional profit.
4. We plan to pay ourselves (the 2 of us) 15% (7.5% each) from every mining op. The remaining 85% will go to increase NAV and eventually pay dividends.
5. We will be operating with a projected NAV of 13bil, which will cover timecodes, skills, ships, and implants.
Until we reach this value, there will be no dividends, and all mining op cash will go to corp, and we will pay ourselves from the leftover sharepile.
6. At the expiration of the plan, slated at one year, we will sell the harem, liquidate assets and buyback all shares at whatever NAV happens to be.
Example: Starting w/13,000 of shares at 1mil each (13bil), if liquidating assets nets us 17bil, we will buy back shares at 1.3mil.
Dividends:
Since we require approximately 12bil for 5 years of timecards (400m per 60 day GTC * 5 toons * 6 GTCs per toon), and the extra bil should cover ships, skills, and implants. We will not be paying dividends until this goal has been reached.
Once we reach this goal, all cash over 1bil (rainy day fund) will be used to pay monthly dividends.
Payment schedule (day of month) will be announced when we reach our 13bil goal. If we can procure GTCs for less than 400m on avg, then this excess will go to paying dividends.
We will host a shareholder mailing list to communicate with our shareholders on our progress.
Failed Launch Contingency:
We need at least 4-5bil to get started (4 months of GTCs). If there does not seem to be enough interest in this plan, then any and all moneys sent to us for shares will be refunded.
Personnel Disclaimer:
This should go without saying here in MD, but here goes:
Eve-O investments require trust and faith. If you dont trust us, dont give us your money, it's not going to hurt our feelings. There are two of us, but we are often in the same car, so there is the possibility that we could both be 'hit by a bus'. Since we both know where each other live, and have been friends for over 10 years, either one of us scamming the other is not going to happen. We also dont forsee ourselves burning out and jumping ship to some other MMO. Nothing in the works currently tweaks our interest in the slightest, and we on occasion will take 2-4 day breaks to play other non-MMO games. We're here for the long haul, and both have skillplans in Evemon in excess of a year and a half.
Headmaster Lurch
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