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Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 06:11:00 - [1] Reserved for monthly reports
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 06:12:00 - [2] Reserved for IPO document
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 06:12:00 - [3] Reserved for IPO FAQ
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 06:13:00 - [4] Reserved for reservation list
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 06:14:00 - [5] Reserved for profit/dividend history
Mr Snaffle Ugly Toys Holdings	Posted - 2008.07.18 06:17:00 - [6] Posting here to confirm that I am the CEO of Ugly Toys Holdings.
Eric Morecambe Bring Me Sunshine Zzz	Posted - 2008.07.18 06:19:00 - [7] Posting here to confirm that I am the CEO of Bring Me Sunshine [BPCS].
Namco Balls of Steel	Posted - 2008.07.18 06:55:00 - [8] Originally by: Bad Bobby Do not send money yet. This IPO launches on Monday 21st July 2008. Yay, enough time for me to shuffle some things around for this reservation. ..(yeah, I'm a noob with this "making some isk" stuff)..
Pies Exanimo Inc	Posted - 2008.07.18 07:17:00 - [9] Edited by: Pies on 18/07/2008 07:17:39 Add me to the reservations for 1b please. Edit: Just realised i've no chance buy hey... ___________________ Tasty...
Finedele Marquie-X Corp Majesta Empire	Posted - 2008.07.18 08:32:00 - [10] stillt that evil typo in my name :-(
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 08:37:00 - [11] Originally by: Finedele stillt that evil typo in my name :-( Cut and paste from the other thread FTL Fixed it now.
Finedele Marquie-X Corp Majesta Empire	Posted - 2008.07.18 10:17:00 - [12]
Entaran Caldari Lone Star Joint Venture Wildly Inappropriate.	Posted - 2008.07.18 15:02:00 - [13] Whilst the IPO is sold out, I will put up 500m (your limit, not mine) for a buy-in if more shares become available. or you choose to increase the size of your IPO.
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 17:36:00 - [14] Originally by: Entaran Whilst the IPO is sold out, I will put up 500m (your limit, not mine) for a buy-in if more shares become available. or you choose to increase the size of your IPO. I've added you into the queue. Whilst I will not be increasing the size of the IPO at this point because I do not need further funds now, there is a high probability that I will increase it in the future. My intention would be to place half of any additional shares for first refusal from existing shareholders. The other half will be placed for first refusal from anyone who makes an unsatisfied reservation on this share issue. Any shares not sold to either group will then be made available to the general public. The most likely expansion oppertunity will be to purchase additional BPOs for research, copying and sale. This is ideal because it does not significantly increase the risk of the IPO (as BPOs will be stored in NPC station hangars) but it does increase the oppertunity for asset value accumulation (through research) and further income in the long term (from BPC sales and invention). However, I will be putting any planned expansion of Ugly Toys Holdings to a shareholder vote for which I will not have the majority to dictate the outcome. So ultimately it will be up to my existing shareholders as to when such an expansion should occur.
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.18 18:42:00 - [15] Eve-mails have been sent to all those on the reserved list under the 3000m limit. I will be accepting funds sent to Mr Snaffle from Monday 21st July. If you do not believe you will be able to submit your funds on Monday, due to lack of EVE access or similar reasons, you may send the funds early. However the IPO will not start until all funds are received. Mr Snaffle will hold the funds until the IPO launches, at which point they will be transferred to Bring Me Sunshine [BPCS]. Dividend payments will be timed for one month after that point. If you are on the reserved list but now feel you will be unable or unwilling to invest, now is the time to say so that others can invest in your place. I would like to take this oppertunity to thank my investors and all those that have asked questions in this and the previous thread for making this a relatively painless IPO launch.
Pies Exanimo Inc	Posted - 2008.07.20 16:14:00 - [16] Very unlikely that half the investors will pull out so please cancel my reservation - thanks ___________________ Tasty...
Finedele Marquie-X Corp Majesta Empire	Posted - 2008.07.21 00:16:00 - [17] i transferred the money to you :)
Namco Balls of Steel	Posted - 2008.07.21 01:11:00 - [18] ISK sent to Mr Snaffle.
Enihcam Xes	Posted - 2008.07.21 01:38:00 - [19] Isk sent.
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.21 05:09:00 - [20] Confirming the investment of the above three posters.
Mr Snaffle Ugly Toys Holdings	Posted - 2008.07.21 05:14:00 - [21] Shares sent!
Namco Balls of Steel	Posted - 2008.07.21 06:52:00 - [22] Shares received. :)
Agent Zofoor	Posted - 2008.07.21 09:29:00 - [23] 500M Sent to Mr Snaffle
Mr Snaffle Ugly Toys Holdings	Posted - 2008.07.21 12:32:00 - [24] All isk received and all shares sent. The first dividend and monthly report will be issued on 21st August.
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.23 09:41:00 - [25] So far just short of 2.5 billion of our collective isk has been spent on spiced wine, rocket fuel and exotic dancers. The remaining 500m will just be frittered away... But seriously... Everything is going well. The POS tower is up and fuelled. Basic defences have been deployed. I have a lot more anchoring to do before I can open for business, but everything is on schedule so far. Everything I have bought from the market has been at the best price available across 6 regions. In the process of gathering these items I came across some cheap POS components that I purchased and then cut a deal with another party to swap them for some pre-researched BPOs, both of us got a very good deal. ZZZ have agreed to waive the 30m franchise fee for the remainder of this month (thanks for that!). Further to this I have negotiated and closed deals with two tenants for the new POS. They will be joining the corp once the POS is fully operational. A further two tenants are still negotiating with me and I am pursuing other promising leads. More news when the POS is in full operation and then I'll let this thread go quiet until the first monthly report.
Entaran Caldari Lone Star Joint Venture Wildly Inappropriate.	Posted - 2008.07.24 09:11:00 - [26] My name is Entaran, not Enteran. If you look it up later you may not find it if you misspell it.
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.24 11:27:00 - [27] Originally by: Entaran My name is Entaran, not Enteran. If you look it up later you may not find it if you misspell it. Amended.
Une Lin	Posted - 2008.07.25 00:27:00 - [28] I know this is now sold out. But if at all possible I'd like to reserve 400m for any future expansion of your business.
Bad Bobby Ugly Toys Zzz	Posted - 2008.07.26 17:57:00 - [29] Edited by: Bad Bobby on 26/07/2008 18:01:21 The new POS is now fully operational. Business is going smoothly and in line with my expectations for the first week. Originally by: Une Lin I know this is now sold out. But if at all possible I'd like to reserve 400m for any future expansion of your business. I am not taking any further reservations at this time.
Namco Balls of Steel	Posted - 2008.07.26 19:39:00 - [30] Originally by: Bad Bobby The new POS is now fully operational. Business is going smoothly and in line with my expectations for the first week. Good to hear- please keep us updated as this progresses. :)
Bad Bobby Ugly Toys Zzz	Posted - 2008.08.08 10:54:00 - [31] I thought I'd take this oppertunity to give an interim update on [UGLYH]/[BPCS]. We are over half way though the first month. The first week was consumed by hauling, anchoring and skill training so the income did not start until the second week. However, with almost two weeks left to go I can happily say that we only need to bring in 55m isk in further income before we achieve the 5% dividend level. Clearly I want to exceed that by as large a margin as I can. Given two weeks to do so I am confident that UGLYH/BPCS will yield excellent returns at month end.
Bad Bobby Ugly Toys Zzz	Posted - 2008.08.13 09:42:00 - [32] Yesterday [UGLYH]/[BPCS] reached and exceeded the 5% dividend target for month one. We still have over a week before dividend payments are due, so our investors can expect an excellent return in 8 days time. Given that this result was achieved in a little over two weeks (given one week of setup), I am confident that we will be able to provide exceptional returns in month two.
Bad Bobby Ugly Toys Zzz	Posted - 2008.08.21 05:38:00 - [33] Period: 21st July 2008 - 21st August 2008 Profit: 203,400,827 Dividend Per Share: 67,800 Dividend Percentage: 6.78% Assets: 3,000,000,000 Share Value: 1,000,000 Buyback Price: 750,000 (75%) Dividends sent! Anyone wishing to take advantage of the 75% isk buyback offer should evemail or convo me. Although I expect you would get a much better deal selling them to someone else, so you are welcome to do that instead.
Namco Balls of Steel	Posted - 2008.08.21 06:46:00 - [34] Received my dividends, whee!
Bad Bobby Ugly Toys Zzz	Posted - 2008.09.21 09:15:00 - [35] Edited by: Bad Bobby on 21/09/2008 09:18:21 Period: 21st August 2008 - 21st September 2008 Profit: 231,010,300 Dividend Per Share: 77,003 Dividend Percentage: 7.7% Assets: 3,000,000,000 Share Value: 1,000,000 Buyback Price: 950,000 (95%) Dividends sent!
Bad Bobby Ugly Toys Zzz	Posted - 2008.10.20 16:45:00 - [36] Edited by: Bad Bobby on 20/10/2008 16:45:41 Period: 21st September 2008 - 21st October 2008 Profit: 310,934,025 Dividend Per Share: 103,644 Dividend Percentage: 10.36% Assets: 3,000,000,000 Share Value: 1,000,000 Buyback Price: 950,000 (95%) Dividends sent!
oogs Gallente Ex Coelis The Bantam Menace	Posted - 2008.10.20 20:53:00 - [37] sorry, I know this isn't the best place to ask, but how do we go about renting a slow form you? is there some in-game channel, so should I just eve-mail you? I'm not looking for something this very second, but in the coming month or two I might need something.
Bad Bobby Ugly Toys Zzz	Posted - 2008.10.21 10:33:00 - [38] Originally by: oogs sorry, I know this isn't the best place to ask, but how do we go about renting a slow form you? is there some in-game channel, so should I just eve-mail you? I'm not looking for something this very second, but in the coming month or two I might need something. Just convo or eve-mail me. We can then discuss your needs and how best to serve them.
Bad Bobby Ugly Toys Zzz	Posted - 2008.11.21 17:23:00 - [39] Period: 21st October 2008 - 21st November 2008 Profit: 302,025,580 Dividend Per Share: 100,675 Dividend Percentage: 10.06% Assets: 3,000,000,000 Share Value: 1,000,000 Buyback Price: 950,000 (95%) Dividends sent!
Bad Bobby Ugly Toys Zzz	Posted - 2008.12.04 10:43:00 - [40] Updated the first post with total and average profit/dividend figures.
Bad Bobby Ugly Toys Zzz	Posted - 2008.12.10 10:13:00 - [41] We hit 300m profit, the 10% dividend level, yesterday. With 11 days left before the dividend is due, this is going to be a good month. We are running at very close to capacity and I have deals in the pipeline which would result in us being maxed out. This brings us to the subject of potential expansion. I'm undecided on the subject myself, so I'm wondering what my existing investors, potential investors and MD critics think about it. Any views?
Miru Redglade	Posted - 2008.12.10 11:24:00 - [42] I'd be keen on investing anothe 1/2 a bil, if you decide to expand. I've been happy with the returns so far.
Wishdokkta CEO Tilt Station	Posted - 2008.12.10 11:54:00 - [43] I too would be interested in future investment.
Kazzac Elentria	Posted - 2008.12.10 13:37:00 - [44] I missed it the first time around, so I'd love to get in on any expansions
Susara D'Sarth	Posted - 2008.12.10 13:58:00 - [45] I too would be interested in a 500m investment, if more are offered.
Drall Warsong Shizt	Posted - 2008.12.10 15:25:00 - [46] You got alot of people wanting to throw money your way. I'll get in line, sign me up as a potential investor.
Bad Bobby Ugly Toys Zzz	Posted - 2008.12.10 15:29:00 - [47] Well, the response thus far has been positive, so here are some details of what I would be planning to do: I'm considering a 4 billion isk expansion on this occasion. 2 billion - Additional tower with labs, guns and fuel 1 billion - BPOs 1 billion - Minerals The additional tower would perform in the same way as the existing one. The BPOs would be researched and then put into copying, invention, manufacturing and sale. The minerals would fuel the manufacturing. Initially the profits/dividends for the entire IPO would drop from 10%+ down to somewhere in the 5-7% region and then move back up to 10% over 1-2 months in the same way as when this IPO originally launched. As you have probably gathered from our performance the first time round, these are conservative estimates and we would be looking to exceed expectations at every stage. I'd be looking to put 1-2 billion of my own isk into the expansion. So 2-3 billion would be up for grabs. As per my previous posts I would be offering half of the shares up to existing shareholders and half up to those that made reservations at launch, any unsold from either half would then be offered up to the general public starting with those that have voiced an interest here. All of this is dependent on my existing shareholders voting for the creation of 4000 additional shares. I have 500 votes and Miru Redglade has 500 votes, so we would be looking to have two more existing shareholders vote for the motion to carry it through. Finally, there is a timing and standings issue. Putting up another tower will require standings, I can't put it up within Bring Me Sunshine as the standings for that corp have been broken by the new standings calculation and the low standings of my tenants. So I'll be launching it under Ugly Toys and bringing that corp in under the IPO, although I haven't got sufficient standings in that corp either so there will be a delay while I correct that. With all this taken into consideration, plus the possibility that I may have to "create" a vacant moon for the new POS in my preferred location () I think we're looking at launching the expansion in 41 days at the earliest. That will allow us to issue two more complete dividends and bring in new investment between one accounting month and the next to avoid complication.
Ishikari Gallente Victory Not Vengeance Intrepid Crossing	Posted - 2008.12.10 16:23:00 - [48] I am interested in investing, I'll keep an eye on the thread for the details when you decide to open up for more shares. --- Ishikari Industries
Foolish Bob Caldari The Dirty Rotten Scoundrels	Posted - 2008.12.10 16:44:00 - [49] I'd like to add my mark here too, to beat the rush
Viilaa Caldari OH Corp	Posted - 2008.12.10 16:46:00 - [50] I would also enjoy the chance to invest too. Viilaa
karagir Red Star Coalition CryoGenesis Mining Syndicate	Posted - 2008.12.10 17:19:00 - [51] count me in as well...
Linia Gallente Linia Corp	Posted - 2008.12.10 20:13:00 - [52] Linia does too
Namco Balls of Steel	Posted - 2008.12.11 00:04:00 - [53] Sounds good to me.. I'd be in for another 500m easy enough.
Frenden Dax Dax Acquisitions	Posted - 2008.12.11 00:15:00 - [54] Color me interested in the expansion also.
Finedele Marquie-X Corp Majesta Empire	Posted - 2008.12.11 00:22:00 - [55] Edited by: Finedele on 11/12/2008 00:24:05 Edited by: Finedele on 11/12/2008 00:22:10 pls take this as a reservation for 500 million isk
Ethan Barr Caldari Eve University	Posted - 2008.12.11 01:16:00 - [56] If this is still open, i'd put in 500m. !
myaaaaa	Posted - 2008.12.11 01:45:00 - [57] Edited by: myaaaaa on 11/12/2008 01:47:56 sorry
myaaaaa	Posted - 2008.12.11 01:46:00 - [58] Edited by: myaaaaa on 11/12/2008 01:48:30 bad post, sorry
EgoMan	Posted - 2008.12.11 01:47:00 - [59] Sigh*...lets try this again 500 mill if its still open.
Bad Bobby Ugly Toys Zzz	Posted - 2008.12.11 07:36:00 - [60] Edited by: Bad Bobby on 11/12/2008 07:39:40 Ok, so we've got enough existing investors interested to carry the vote for creating the additional shares. I'll sort out the standings and pick out a moon now. Once that is sorted I'll put up the vote for the shares and then we'll go ahead with the launch. Here is the queue for investment: Me 1000m Bad Bobby Existing Investors (1500m reserved for these) 500m Miru Redglade 500m Namco 500m Finedele ???m Agent Zofoor ???m Enihcam Xes Reservations From Launch (1500m reserved for these) ???m Frenden Dax ???m Ambo ???m Oogs ???m Entaran ???m Pies New Investors (Who will fight for the scraps) ???m Wishdokkta CEO ???m Kazzac Elentria 500m Susara D'Sarth ???m Drall Warsong ???m Ishikari ???m Foolish Bob ???m Viilaa ???m Karagir ???m Linia 500m Ethan Barr 500m EgoMan I think we can safely say this one is sold out, so I will not be taking any further reservations.
Drall Warsong Shizt	Posted - 2008.12.11 13:42:00 - [61] you can change the ??? to 500 for me.
Finedele Marquie-X Corp Majesta Empire	Posted - 2008.12.11 15:23:00 - [62] just to clarify for my aching head, its still ~40 days till expansion?
Bad Bobby Ugly Toys	Posted - 2008.12.11 15:29:00 - [63] Originally by: Finedele just to clarify for my aching head, its still ~40 days till expansion? Yes. I want to do the expansion just after I've issued a dividend to keep things relatively simple. I will not be ready for the next dividend (due 21st December) but I should be ready for the following devidend (due 21st January).
Enihcam Xes	Posted - 2008.12.11 16:04:00 - [64] Looks like I missed my chance to increase my investment. All the same, if there is any opportunity to invest more in this enterprise I will. Let me know if my ??? can become a number, and what number that will be. -EX
Bad Bobby Ugly Toys	Posted - 2008.12.11 16:41:00 - [65] Originally by: Enihcam Xes Looks like I missed my chance to increase my investment. All the same, if there is any opportunity to invest more in this enterprise I will. Let me know if my ??? can become a number, and what number that will be. -EX As an existing investor you would still be in the queue ahead of new investors. Just give me a number.
Enihcam Xes	Posted - 2008.12.11 17:35:00 - [66] Is there a cap? Everyone else is investing 500m. If there is a cap I'll put in for 500m, if not then 1b.
Frenden Dax Dax Acquisitions	Posted - 2008.12.11 19:24:00 - [67] Edited by: Frenden Dax on 11/12/2008 19:24:27 Ooh, if we're offering numbers and there's no cap, I'll take 500m. If there is a cap and it's below 500m, obviously I'll take whatever it is.
karagir Red Star Coalition CryoGenesis Mining Syndicate	Posted - 2008.12.11 22:41:00 - [68] pls change my ??? to 500 mil as well:)
Bad Bobby Ugly Toys	Posted - 2008.12.15 13:36:00 - [69] We have banked enough for a 12% dividend and we still have 6 days to go. That said, with almost all our stock sold, most of our slots rented and all of our tenant divisions booked we would be hard pressed to make much more isk between now and dividend day without departing substantially from our core revenue streams. Post patch rush (lol Orca BPO research) and the shake up in T2 prices (lol price gouging) caused by the end of shady reaction activities has been kind to us.
Bad Bobby Ugly Toys	Posted - 2008.12.19 15:08:00 - [70] For those of you who prefer to use the EBANK forums: Linkage Personally, I think both forums blow pretty hard at the moment so I don't give a monkey's which one you use...
Bad Bobby Ugly Toys	Posted - 2008.12.21 07:48:00 - [71] Edited by: Bad Bobby on 21/12/2008 07:53:22 Period: 21st November 2008 - 21st December 2008 Profit: 422,218,292 Dividend Per Share: 140,739 Dividend Percentage: 14.07% Assets: 3,000,000,000 Share Value: 1,000,000 Buyback Price: 950,000 (95%) Dividends sent!
Bad Bobby Ugly Toys	Posted - 2008.12.31 09:54:00 - [72] It's been a good month so far, 11% dividend level achieved and 21 days to go. This is mostly down to the recurring orders we have with some of our regular clients. Once again, we have little spare capacity so we can't expect that rate of earnings to continue for the next 21 days. On the expansion front, I'm still working on the standings for the new POS. I'd hope to have the tower up in less than 2 weeks, but the expansion shares will still be issued on the 21st just after I pay out the January dividend. I'll cover any costs until then.
Namco Balls of Steel	Posted - 2009.01.02 03:59:00 - [73] Originally by: Bad Bobby On the expansion front, I'm still working on the standings for the new POS. I'd hope to have the tower up in less than 2 weeks, but the expansion shares will still be issued on the 21st just after I pay out the January dividend. I'll cover any costs until then. I haven't seen anything thus far regarding when you're going to begin asking for those who've reserved expansion shares to send ya some isk for those shares.. or perhaps I missed it? Inquiring minds..
Bad Bobby Ugly Toys	Posted - 2009.01.02 11:02:00 - [74] Originally by: Namco I haven't seen anything thus far regarding when you're going to begin asking for those who've reserved expansion shares to send ya some isk for those shares.. or perhaps I missed it? Inquiring minds.. I'll be taking money and sending out shares on the 21st January.
Bad Bobby Ugly Toys	Posted - 2009.01.05 09:59:00 - [75] Hey kids! All is going well, 14% dividend level reached and exceeded with 16 days to go. The new POS is up and running so our capacity has now been doubled. However, until shares are issued on the 21st of this month all the profits from the second tower will be going in to my pocket as I'm currently covering all the costs of the expansion myself. The vote for the creation of new shares will be put up soon, existing shareholders will need to vote to support the expansion.
Bad Bobby Ugly Toys	Posted - 2009.01.05 10:26:00 - [76] The accepted reservations for the expansion shares are: 1000m Bad Bobby (me) 500m Miru Redglade (existing investor) 500m Namco (existing investor) 500m Finedele (existing investor) 1000m Enihcam Xes (existing investor) 500m Frenden Dax (reservation from launch) Shares will be created on the 21st January. I'll be asking for the money to be sent to Mr Snaffle (CEO of UGLYH) then, don't send money now. Shares will be sent out once I have the isk.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.13 12:15:00 - [77] The vote to create 4000 additional shares was carried. I will not action it until the January 21st dividend has been distributed. I am expecting that dividend to be in excess of 15%.
CanI HazMineralz Gallente	Posted - 2009.01.13 19:48:00 - [78] is it still 1mil isk per share ? i mean as far as the next shares installment goes
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.01.14 02:57:00 - [79] Oh **** me, I can't believe I missed this
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.14 06:51:00 - [80] Originally by: CanI HazMineralz is it still 1mil isk per share ? i mean as far as the next shares installment goes Yes, 1m per share. I could have spent some of our income on buying up additional assets, thus reducing short term profits while increasing NAV and growing the business, but I have not. This was a deliberate attempt to keep things relatively simple to begin with, because I have a lot of demands on my time and attention which would make running a complex business too much of a challenge for me. The end result of this is a static NAV and a static share price, at least by my simplistic measurements. I'm sure many people who have more knowledge and experience in business will ridicule me for taking this approach, but it was the decision that I made at the time and I am content with the results thus far. That said, I have learned a lot from the last six months and would definately do things differently based on what I know now, but that is essentially stating the obvious. I have no idea how much you would actually have to pay in order to obtain a share from those that own or are entitled to them, but I expect it would be a fair bit higher than 1 million. This is something I would love to discuss with people with more insight into this side of things. Originally by: Brock Nelson Oh **** me, I can't believe I missed this That made me lol! To be fair, this has been bouncing around the forums and being regularly bumped by me for over six months, so if you are only just becomming aware of its existence... Looking at "Flux Technologies Inc", I expect there is potential for us to work together for mutual profit, feel free to get in touch with me if you are interested in discussing anything.
TheBlueMonkey Gallente Value Added Traders	Posted - 2009.01.14 12:10:00 - [81] I fall into the "only just aware" bracket, yes I've been lazy and distracted with real life stuff at the moment and sitting on isk that does nothing makes me cry. so, if any shares are going spare, I'd like 100 please. eve mail me if there are any and I'll pop the money in your direction. -- If there's no profit to be made you need to travel further afield.
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.01.14 15:27:00 - [82] Originally by: Bad Bobby Originally by: Brock Nelson Oh **** me, I can't believe I missed this That made me lol! To be fair, this has been bouncing around the forums and being regularly bumped by me for over six months, so if you are only just becomming aware of its existence... Looking at "Flux Technologies Inc", I expect there is potential for us to work together for mutual profit, feel free to get in touch with me if you are interested in discussing anything. Yeah I knew it was bouncing around but I thought it was just to report on dividends and I didn't want to be jealous :P.
Raaz Satik	Posted - 2009.01.14 18:33:00 - [83] I'll pay a 10% premium (ie 1.1M each) for 100 shares if anybody will sell.
CanI HazMineralz Gallente	Posted - 2009.01.14 18:37:00 - [84] if any shares are running around that need to be bought up , id be more than happy to buy 30 shares myself at the cost of 30 million isk. Feel free to contact me ingame on this name in either private chat or evemail.
Kazzac Elentria	Posted - 2009.01.14 18:47:00 - [85] Whats ****es me off is that everytime there is a chance to get in, I never have enough spare capital without dipping into my other pots, a rule I hesitate to break for anyone.
Raaz Satik	Posted - 2009.01.14 21:02:00 - [86] Originally by: Kazzac Elentria Whats ****es me off is that everytime there is a chance to get in, I never have enough spare capital without dipping into my other pots, a rule I hesitate to break for anyone. Huh spare capital? How much capital you have is irrelevant as it was sold out before it was ever for sale. Based upon the response, and the AATP Auction this week, I believe an Auction would have raised at least five times more capital.
Kazzac Elentria	Posted - 2009.01.14 21:13:00 - [87] Originally by: Raaz Satik Originally by: Kazzac Elentria Whats ****es me off is that everytime there is a chance to get in, I never have enough spare capital without dipping into my other pots, a rule I hesitate to break for anyone. Huh spare capital? How much capital you have is irrelevant as it was sold out before it was ever for sale. Based upon the response, and the AATP Auction this week, I believe an Auction would have raised at least five times more capital. If I lack any extra isk for investment that would denote I don't have some to throw into an auction now wouldn't it.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.15 09:19:00 - [88] Originally by: Raaz Satik Originally by: Kazzac Elentria Whats ****es me off is that everytime there is a chance to get in, I never have enough spare capital without dipping into my other pots, a rule I hesitate to break for anyone. Huh spare capital? How much capital you have is irrelevant as it was sold out before it was ever for sale. Based upon the response, and the AATP Auction this week, I believe an Auction would have raised at least five times more capital. For this reason I was thinking, that if/when we expand again, I will be doing it by an auction. I see it as the only way to give everyone a fair chance at getting shares. I had to honor my previous promisses to existing investors and reservations this time round, but next time I will not be under such an obligation provided the share issue is for the benefit of all existing shareholders to the point that I can pass a vote. An auction, that places all the isk raised in to the corp's coffers, thus raising NAV per share and allowing us to generate more profits per share, is in the interest of existing shareholders. It is however, to the detriment of new shareholders buying in at auction, but that is the price that has to be paid when there is such demand. As a side point: In each/any future expansion, as with this one, I will be buying up a larger stake in the operation for myself. When we create new shares for the next expansion, I will be taking my shares (before the auction) at the base price of 1m isk, I'm sure my investors will not begrudge me this given my performance thus far. But this is all getting a bit too forward looking, as we haven't even finished this expansion yet! 6 days until dividend day and 15% is assured. I'm trying to eek out another percent, but no guarentees yet. I'll action the new shares as soon as I have issued the dividend and I'll be expecting reservations to be honored by sending isk to Mr Snaffle as before. Don't send money before I ask for it because Mr Snaffle's wallet is also used for the dividend issue and I don't want any confusion.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.19 11:00:00 - [89] As I am going to be quite busy for a few days, I'm going to try to get this month's dividend paid today. The last time I checked we had exceeded 16%. Once that is done I will push on with the expansion, so if you are on the list above, get your iskies ready!
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.19 12:59:00 - [90] Period: 21st December 2008 - 21st January 2008 Profit: 503,748,802 Dividend Per Share: 167,916 Dividend Percentage: 16.79% Assets: 3,000,000,000 Share Value: 1,000,000 Buyback Price: 950,000 (95%) Dividends sent!
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.19 13:15:00 - [91] The vote to create 4000 additional shares has been actioned. The corp info now shows 4000 shares and the corp management screen shows 7000 shares, which is the expected (bugged) result. Those of you in the following list can now send isk to Mr Snaffle, CEO of Ugly Toys Holdings (UGLYH), please take care when sending your isk... Originally by: Bad Bobby The accepted reservations for the expansion shares are: 1000m Bad Bobby (me) 500m Miru Redglade (existing investor) 500m Namco (existing investor) 500m Finedele (existing investor) 1000m Enihcam Xes (existing investor) 500m Frenden Dax (reservation from launch) I will send out the shares once I have everyone's isk.
Mr Snaffle Ugly Toys Holdings	Posted - 2009.01.19 13:19:00 - [92] Confirming that you should send your isk to me.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.19 16:50:00 - [93] Long Version As Ugly Toys Holdings goes into the second phase of operation, now with 7 billion isk of investment and matching assets working to produce 10%+ returns for investors, I want to discuss the possibilities for phase three. It is a regular occurrence that a new or existing client approaches me with requests for research or related services that is beyond my capacity to immediately satisfy. I am left with the choice of using my private funds and infrastructure to satisfy the request or pass up the opportunity. I would like to add a third option, which would allow Ugly Toys Holdings and my investors to benefit from these opportunities. I would like to be able to propose one week votes, during the course of the month, that if supported by my shareholders would allow me to create additional shares at the end of the month (after the dividend has been distributed). These shares would then be auctioned, through this forum, to the highest bidder. This would inject further isk into the company as and when needed, with a one month delay at worst, such that we can respond more rapidly to the opportunities we are presented with. The existing shareholders from the first and second phase will benefit from the increased NAV of the company, which due to the nature of an MD auction is likely to be out of proportion with the number of shares, thus resulting in an increased NAV per share and increased open buyback offer from me. The new shareholders buying these shares at auction will most likely find their shares to be worth less than they paid for them, at least in the short term, but this is the premium that must be paid to gain shares that are in demand. My main concern, which I expect to be the chief concern of both existing and potential shareholders, is that I should be able to continue paying at least 100,000 isk per share in dividends before, during and after the point at which these new shares are sold. For this reason I would conduct extensive research to ensure that the resulting expansion of the company would be able to sustain a 100,000 isk per share return in the long term. As all isk paid at auction would be invested into the company and as the market will dictate the price paid, it is expected that NAV will increase beyond the level required for my plans at each expansion point. As a result of this the percentage return relative to NAV may be reduced through these share issues. Provided the existing and new investors are happy for our target to be 100,000 isk per share (an amount of isk rather than a percentage) and factor that into their share purchase decisions, then the effect on percentage return should be of relatively little consequence. Of course, a brief look at the performance of Ugly Toys Holdings to date will demonstrate that I have not allowed our dividend targets to restrict my ambition... August: 6.78% (5% target) September: 7.7% (5% target) October: 10.36% (10% target) November: 10.06% (10% target) December: 14.07% (10% target) January: 16.79% (10% target) ...so you can safely assume that I will be working to exceed the 100,000 isk per share target and as the NAV per share increases I will try to keep the percentage dividends up to levels that will please all involved. So, existing investors, potential investors and MD critics alike... please give me your opinions on this idea! TL:DR Version I would like to use shareholder votes to generate shares that I will sell at auction on this forum so that I can expand and respond to opportunities more rapidly. I would not propose such a vote unless we are already making at least 100,000 isk per share in profits and I believed, after performing research, that we would maintain at least 100,000 isk per share afterwards. What do you think?
CanI HazMineralz Gallente	Posted - 2009.01.19 17:07:00 - [94] reserving 20mil worth of shares now. thanks in advance.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.19 18:33:00 - [95] Originally by: CanI HazMineralz reserving 20mil worth of shares now. thanks in advance. The auction system is intended to prevent the early bird from grabbing all the shares.
Namco Balls of Steel	Posted - 2009.01.19 19:15:00 - [96] ISK sent.
CanI HazMineralz Gallente	Posted - 2009.01.19 20:32:00 - [97] Originally by: Bad Bobby Originally by: CanI HazMineralz reserving 20mil worth of shares now. thanks in advance. The auction system is intended to prevent the early bird from grabbing all the shares. surely 20mil wouldnt buy up all of the shares ? just a small portion of them , seeing how you are on these forums Bobby I highly doubt the shares will be worth less than 1bil total. so 20mil would just be a small chunk anyways i been meaning to get ahold of you in game and ive yet been able to do it (you prolly spend most your time shooting ppl , and I dont know who your main is) so hit me up in game whenever you get the chance to. also , when we gonna start on this auction? cause obviously id like to get in on the action for this.
nether void Caldari Shrapnel Industries	Posted - 2009.01.19 20:58:00 - [98] SHRAP would probably be interested in 100m worth of shares if they were made available. I think it's a good idea. If you already have the infrastructure for research renting business, it seems like a good idea to expand that when opportunity presents itself. Of course this assumes you have the capacity on labor to also expand your maintenance workload. Seems like a no-brainer. Bobby, what has been your dividend/share in the past (mainly I see percentages, if I'm not mistaken)? That might help in the decision making process. Although another route is to instead retain some earnings to fund new expansions. It looks like you're sending all profits out as dividends without retaining any earnings for re-investment?
Astarte Nosferatu Minmatar Abrivianius Manufacturing Corporation	Posted - 2009.01.19 21:18:00 - [99] I'm game, providing I can make enough isk available, as most is tied up at the moment.
Namco Balls of Steel	Posted - 2009.01.19 22:29:00 - [100] I know that if Bad Bobby continues to run things as well as he currently is, I'll have no issue with further additional investment, myself.
Frenden Dax Dax Acquisitions	Posted - 2009.01.19 23:15:00 - [101] Isk sent, glad to finally get a piece of this pie. :P
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.19 23:26:00 - [102] Originally by: nether void Of course this assumes you have the capacity on labor to also expand your maintenance workload. Exactly. I've already decided that I will not be adding any new accounts. I currently have 4 accounts with 4 pvp characters and 8 industry characters running my various businesses. That is enough for me, so as long as I can run it with those and some help from my corp mates (Ugly Toys is not entirely a one-man band) I am happy. Originally by: nether void Bobby, what has been your dividend/share in the past (mainly I see percentages, if I'm not mistaken)? All the figures are on the first page of this thread. The actual dividend amounts are listed by month a few posts down from the start. We have exceeded the 100,000 isk per share target from month 3 onwards, given that months 1-2 had a lower target of 50,000 isk per share which we exceeded on both months. Originally by: nether void Although another route is to instead retain some earnings to fund new expansions. It looks like you're sending all profits out as dividends without retaining any earnings for re-investment? This I considered, but retaining some amount from the earnings would result in a steady increase in available isk, where what is often needed is a more sudden injection of a large quantity that could not be obtained by retaining profits without seriously reducing the dividend. Also, I want to involve more investors as I mostly run the IPO as a challenge to myself and the more people I am enriching the happier I am.
Mr Snaffle Ugly Toys Holdings	Posted - 2009.01.20 06:41:00 - [103] Originally by: Bad Bobby The accepted reservations for the expansion shares are: 1000m Bad Bobby (me) - Received 500m Miru Redglade (existing investor) - Received 500m Namco (existing investor) - Received 500m Finedele (existing investor) - Received 1000m Enihcam Xes (existing investor) 500m Frenden Dax (reservation from launch) - Received Just waiting for Enihcam Xes to get on up and get on the scene.
TastyTreat	Posted - 2009.01.20 08:24:00 - [104] I would like to reserve 100m worth of shares if it becomes available.
Odessayeti	Posted - 2009.01.20 08:33:00 - [105] Reserve 50mil thanks
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.20 09:14:00 - [106] Originally by: TastyTreat I would like to reserve 100m worth of shares if it becomes available. Originally by: Odessayeti Reserve 50mil thanks Thanks for the interest but all shares have been sold. More shares may become available in the future though, so watch this space.
Odessayeti	Posted - 2009.01.20 10:32:00 - [107] Ok cool, this looks like a pretty solid investment so I'll def keep an eye on this one
Finedele Marquie-X Corp Majesta Empire	Posted - 2009.01.21 08:46:00 - [108] bobby can you confirm that you received my iskies?
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.21 08:53:00 - [109] Finedele, it was confirmed here: Originally by: Mr Snaffle Originally by: Bad Bobby The accepted reservations for the expansion shares are: 1000m Bad Bobby (me) - Received 500m Miru Redglade (existing investor) - Received 500m Namco (existing investor) - Received 500m Finedele (existing investor) - Received 1000m Enihcam Xes (existing investor) 500m Frenden Dax (reservation from launch) - Received Just waiting for Enihcam Xes to get on up and get on the scene. We are still waiting for Enihcam Xes. I will be sending him a reminder.
Finedele Marquie-X Corp Majesta Empire	Posted - 2009.01.21 16:21:00 - [110] sorry bobby, seems i overlooked that, i tend to skip quotes, my failure :)
Enihcam Xes	Posted - 2009.01.23 18:32:00 - [111] Isk sent. Sorry about taking so long on that.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.24 08:58:00 - [112] Well I suppose I had better log on and send out the shares then... :)
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.24 10:09:00 - [113] Shares sent! The shareholder list is now: Bad Bobby 1500 shares Enihcam Xes 1500 shares Miru Redglade 1000 shares Finedele 1000 shares Namco 1000 shares Agent Zofoor 500 shares Frended Dax 500 shares
Hapenburg Caldari	Posted - 2009.01.24 18:58:00 - [114] Originally by: Bad Bobby Shares sent! The shareholder list is now: Bad Bobby 1500 shares Enihcam Xes 1500 shares Miru Redglade 1000 shares Finedele 1000 shares Namco 1000 shares Agent Zofoor 500 shares Frended Dax 500 shares Are any shares available to be bought?
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.25 07:06:00 - [115] Quote: Are any shares available to be bought? Not from me. You can try buying from existing shareholders but I think that most of them are intent on hanging on to theirs. More shares may be created in the future, but since we have only just done an expansion that will not be soon.
Bad Bobby Ugly Toys Zzz	Posted - 2009.01.25 08:40:00 - [116] Originally by: Bad Bobby the profits/dividends for the entire IPO would drop from 10%+ down to somewhere in the 5-7% region and then move back up to 10% over 1-2 months in the same way as when this IPO originally launched. As you have probably gathered from our performance the first time round, these are conservative estimates and we would be looking to exceed expectations at every stage. 5% dividend level reached. 26 days to go.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.04 10:57:00 - [117] 8% dividend level reached with 17 days to go.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 10:25:00 - [118] I am glad to say that we have now reached and exceeded the 10% dividend level for this month and we still have 11 days to go. Due to the substantial increase in capacity I'm confident I can push that percentage up a few more notches before dividend day. The response from my tenants and regular clients to the expansion has been extremely favourable and there have been several requests for further facilities to be made available. I'm looking in to my options here as while I don't want to expand too fast I also do not want to let lucrative oppertunities slip through my fingers.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 12:41:00 - [119] I need to discuss a few fine points with one of my clients, but it appears that there is a good argument for doing a 2000m expansion and putting up a third tower to provide additional copy slots. Copy slots are in very high demand within our operation. I use them extensively myself and some of my tenants have considerable requirements for copying both now and in the future. The expansion process will be as follows, with each point having the potential to call a halt to the plan if things do not turn out the way I expect: 1. A shareholder vote for the creation of 2000 shares. The vote will be put up as soon as I can do so, but the share creation will not be actioned until a later point in the process and can be cancelled if needed. 2. Discussion with the clients I expect to be making use of the additional capacity to confirm that they are willing to put through the quantity of work to justify it. 3. Creation of a vacant moon in our home system. This will involve some moderate yarrage on the part of my main and his corp mates, as previously. I doubt we'll run into any difficulties here. 4. Placement of the POS tower, funded by my own isk temporarily, to prevent anyone else taking the vacant moon. 5. Auctioning of 2000 shares, less a portion of the shares that I will be taking to enlarge my holding (amount undecided but no more than half), on a seperate MD thread going to the highest bidder. 6. Actioning of the share creation and distribution to those that have purchased them. This will occur AFTER the next dividend payment (due in 11 days). 7. Purchase and deployment of all other POS facilities required. 8. Profit! Feel free to discuss this matter here. My shareholders will, as always, be the deciding factor in this.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 14:28:00 - [120] Auction open! Linkage
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.14 19:40:00 - [121] Moon cleared and new POS placed. I've thrown up a couple of labs and we have started making money with it already. Auction appears to be going well, which should give us the isk to purchase a few more BPOs.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.19 12:27:00 - [122] I am in the process of sorting out the results of our recent share auction. Everything will be finalised by the 21st. Dividends due on the 21st are estimated at 12% or more. I've updated the first post with fuller historical data to reflect the increasing size of the IPO. Ugly Toys / Bring Me Sunshine has just gone through another war dec on the ZZZ alliance, these are common and of no importance. I've lost count of the number of them I've been through in my time in ZZZ and I would guess we have been through 3 or 4 during the life of the IPO. No IPO assets were attacked or threatened, all defences were online for the duration and mercenaries (my PvP corp) issued an automatic counter war-dec and were ready to step in should the situation demand it. Overall cost to the IPO was a small amount of additional fuel consumption. Overall cost to me was slightly higher as I was part way through putting up the new tower when the war-dec started and so I had to expend a portion of my own assets to put up a full defensive array for that POS while we organise the funds from the recent auction. Income through ZZZ was largely unaffected during this period and income from external sources was totally unaffected.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.21 07:33:00 - [123] This month's dividend has been paid at 13.18%. The new shares have been created and distributed.
Keellan	Posted - 2009.02.21 08:28:00 - [124] I would like to reserve 500 million worth of shares for future expansion, if possible.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.23 11:31:00 - [125] Originally by: Keellan I would like to reserve 500 million worth of shares for future expansion, if possible. Shares for further expansions will be sold via auction, as we did with the most recent set, so I will not be taking any reservations.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.24 11:32:00 - [126] With 2 days of our month gone we are now into profit. All fuel costs for our 3 towers have been covered by our income thus far. We still have to cover ZZZ franchise fees for the next calendar month but those are not due yet. I have restructured my alts to make better use of those slots not currently used by tenants and alliance members. We now have all of our 69 fast copy slots in constant use. ME slots are steady at over 80% utilisation and that is likely to increase when I spend some of the additional funds gained from the share auction on some more BPOs. Since most of the vacant ME slots did not even exist last week I have no complaints. Invention and PE slots see sporadic use, but as the market value of these facilities is low we neither rely upon or invest much effort in selling them. Factory slots, introduced since the assembly arrays were recently changed around, have been in constant use since introduction and while their per hour price is low they do provide a steady income from a POS array that has very low fitting requirements so we do not have to sacrifice valuable lab space to add them. All told, I think weGÇÖve made a promising start to the month and IGÇÖm looking forward to seeing how much of a return we can deliver at month end.
Bad Bobby Ugly Toys Zzz	Posted - 2009.03.21 07:09:00 - [127] Dividend paid! The first post has been updated with the figures. We exceeded our 100,000 isk per share dividend target. Dispite just having expanded and increasing our cost base by 50% over previous months due to the introduction of our third tower, we have retained our profitability. Business has been good, but I've been distracted by wormholes this month so I wasn't driving new business deals as much as I should have been. We've managed to get the new tower to cover it's running costs and I intend to improve upon that in comming months.
Bad Bobby Ugly Toys Zzz	Posted - 2009.03.21 09:58:00 - [128] I make that 3,816,174,297 isk paid in dividends during this IPO's 8 month lifetime. I'd like to get that figure up to 8 billion by the end of our first year. Let's see if I am up to the challenge...
Bad Bobby Ugly Toys Zzz	Posted - 2009.04.20 09:32:00 - [129] We've banked over a billion in profits this month and a 110k per share dividend is assured (10% above target). This dividend will be paid tommorrow. I've closed some deals for next month (and potentially ongoing thereafter) such that we should see an increase in profits going forward, so I'm targeting a 120k per share dividend for next month... time will tell.
Per Bastet Amarr B.O.O.M	Posted - 2009.04.20 10:35:00 - [130] Have you considered increasing the number of shares to bring in more income and use that to set up more towers for R&D? -- Bastet's Organization Of Mining
Bad Bobby Ugly Toys Zzz	Posted - 2009.04.20 13:44:00 - [131] Originally by: Per Bastet Have you considered increasing the number of shares to bring in more income and use that to set up more towers for R&D? Indeed I have and we have done two expansions of the IPO to add a second and third tower so far.
Bad Bobby Ugly Toys Zzz	Posted - 2009.04.21 06:39:00 - [132] Dividend paid at 112,879 per share.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.08 10:36:00 - [133] Ladies and gentlemen, I am currently in the process of re-evaluating and restructuring my business activities to make better use of my time and isk. As a result of this activity, the time has come for me to take a long hard look at UGLYH. Simply put, I'm paying too high a rate on the funds invested with me and I'm getting too little return for the time I invest in this when compared to my other activities. Obviously, this was the case when I launched UGLYH as an IPO. I knew from the start that the rate I was offering was very attractive. I also knew that I would not be getting a particularly good financial return on my time. These subjects were brought up in the original discussion thread. However, I placed a high value on the challenge, experience, reputation and publicity that the IPO would generate. For this reason I believed that the inbalance between the cost, in terms of time, and the reward, in terms of isk, was justified. Overall, I think I can happily stand by the decisions I made at launch. I have enjoyed the challenge, I have gained a great deal of experience and learned a lot, my reputation has benefited and along with the publicity generated this has brought a lot of business to UGLYH and my other ventures. That's not to say that with hindsight I would not change things, but I am happy with the results generated by the choices I made at the time. This brings me to the big questions... Where do we go from here? I favour refinancing UGLYH at a rate more in line with the current market and my improved position in that market. What would that entail? I launch a bond and use the funds raised to buy out all my current investors. At the moment, I am looking at around 8.5b at 4% monthly. That is an obvious improvement on my current situation, which is roughly equivalent to 8b at 10% monthly (my own 2b of shares excluded). Paying 4% would, of course, be no problem for me using a portion of the profits that UGLYH already generates. What would the deal be for UGLYH investors? I want to give a good deal to everyone that has entrusted me with their isk. The only complication is the people that paid around 1.6m per share at auction in the second expansion (phase 3). If I buy out everyone on the current share value then the phase 1 and phase 2 investors do very nicely and the phase 3 investors are out of pocket. Although in principle this is exactly the deal that phase three investors signed up to, I am unhappy with leaving any investor out of pocket. So, I have to deal with phase 1/2 investors differently from phase 3 investors. Phase 1 and 2 investors: I buy you out at 1.1m isk per share. That is 110% of the price you originally paid and well over the current value of those shares. Phase 3 investors: I buy you out at the price you paid in the auction. That is 100% of the price you originally paid and well over the current value of those shares. So, what now? I want to hear what my current IPO investors, potential bond investors and MD critics think about this. So... comments, criticism, questions, trolling, whatever... it's over to you!
Kazzac Elentria	Posted - 2009.05.08 12:35:00 - [134] I applaud your decision to give favor to some investors over the other, but I think it sets an odd precedent and honestly if I were in your position I would just buy everyone out at the same flat price. Any investor going in knew that this might be a possibility as you said. I'd also see about restructuring your debt to not only reduce your overall debt load, but also reduce your 'public' debt load as well by seeing about private financing or financing through one of the banks depending on what their loan terms may be. Hell I'd almost be willing to finance half of it at 4% myself.
RaidenMagmus Darklore United	Posted - 2009.05.08 13:04:00 - [135] Hasn't their been a dividend payment since the last round of stock purchases? If so, seems like deducting that from the amount paid back to phase 3 investors is fine. Balance them out at 0. Making 0 is a "loss" but its semi acceptable (imo). I do think that (even if it was obviously a possibility) having phase 3 investors "lose" money is a bit more problematic. The evaluation of your costs/profits could have (and probably should have) been made before you did the extra latest expansion.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.08 14:19:00 - [136] Originally by: Kazzac Elentria I applaud your decision to give favor to some investors over the other, but I think it sets an odd precedent and honestly if I were in your position I would just buy everyone out at the same flat price. Any investor going in knew that this might be a possibility as you said. If profit was my primary motivation then yes, I'd be doing exactly that. But in this case profit has been a second or third place to other concerns and I feel that I should follow that principle to it's natural conclusion. The cost to me is minimal and the comfort it provides me is more than worth that cost. Originally by: Kazzac Elentria I'd also see about restructuring your debt to not only reduce your overall debt load, but also reduce your 'public' debt load as well by seeing about private financing or financing through one of the banks depending on what their loan terms may be. Now that is an interesting point. What do you see as the benefit of private financing over public, in this case? Originally by: Kazzac Elentria Hell I'd almost be willing to finance half of it at 4% myself. Almost? Originally by: RaidenMagmus Hasn't their been a dividend payment since the last round of stock purchases? If so, seems like deducting that from the amount paid back to phase 3 investors is fine. Balance them out at 0. Making 0 is a "loss" but its semi acceptable (imo). I do think that (even if it was obviously a possibility) having phase 3 investors "lose" money is a bit more problematic. There have been two dividend payments since the expansion and I could, in theory, deduct a little over 200k from the 1600k that the phase 3 investors paid, such that they break even. But for the sake of 200k per share on 1500 shares, 300m isk in total, I don't see a great difference from my perspective and I see a potentially significant difference from my investor's perspective. Investor happiness is what this IPO was created to achieve and I think I've done a good job with that so far, I want to end it on a high note even if it requires a bit of a fudge to make that happen.
Kazzac Elentria	Posted - 2009.05.08 14:23:00 - [137] Originally by: Bad Bobby Now that is an interesting point. What do you see as the benefit of private financing over public, in this case? You could reduce your public debt load by private financing the first two phases with one of the banks or a private financier and maintain the higher return rate for phase three investors. This would maintain a public face to your business and allow phase three investors a chance to cash out on their auction so to speak. Work into the plan a buyout option at some future date. At the end of it all, you'd have happy investors the whole lot around, complete ownership in the operation and the possiblity of a future fourth expansion or opportunity.
Dzil Caldari Second Quadrant Ice Division	Posted - 2009.05.08 14:33:00 - [138] Edited by: Dzil on 08/05/2009 14:33:52 Originally by: Bad Bobby So, what now? I want to hear what my current IPO investors, potential bond investors and MD critics think about this. So... comments, criticism, questions, trolling, whatever... it's over to you! My two cents? You have lots of options, but the one you're taking doesn't appear to be in the spirit of an IPO: you should be buying the shares back at whatever value the shareholder is selling at, not forcing it at your own predetermined value. I would definately offer your initial investors at least what you are offering the later ones - they are the backbone that launched your venture, placed the greatest trust in you, you should reward that. Alternatives to what you are proposing: 1. Offer a flat buyback, but shareholders take a vote on whether to accept that buyback, or appoint a new operational manager. You could leave this as a good investment and launch a separate, private enterprise. 2. Offer to work for the Corp at a set salary, thereby you get paid twice: once for your participation (which is probably greatly out of proportion with the other investors), once as dividends to your investment. Figure out what this does to projected future dividends and let shareholders know. Note that in doing so, you may lower the value of the shares, which in turn may simply allow you to proceed with your original buyout plan without forcing the price. Again, shareholders would be able to vote on whether this is acceptable, or whether they want to look for another operational manager. -Dzil
Amarr Citizen 155 Alternative Methods Research Group	Posted - 2009.05.08 14:48:00 - [139] How much isk do each of the phases account for? If you were to buyback the p1 and p2 investors at the current stock value, what would that equal? Quote: Ricdic (about starting ebank, July 2007): Think of it as a miniature EIB done right. I cannot see this getting anywhere near 700b any time in the future tbh.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.08 15:06:00 - [140] Originally by: Kazzac Elentria You could reduce your public debt load by private financing the first two phases with one of the banks or a private financier and maintain the higher return rate for phase three investors. That's a very interesting idea, particularly since the business is currently divided into the BMS and UT corps. I could easily buyout Ugly Toys and return that company to private ownership (it was only made public due to standings issues with anchoring a new tower under BMS) while keeping BMS public. I'll have to give that some thought. Originally by: Amarr Citizen 155 How much isk do each of the phases account for? If you were to buyback the p1 and p2 investors at the current stock value, what would that equal? Phase 1 was 3000 shares of which 500 were taken by me. Phase 2 was 4000 shares of which 1000 were taken by me. Phase 3 was 2000 shares of which 500 were taken by me. Total number of public shares from phases 1 and 2 = 5500 Share price calculated fron NAV = 1,095,555 Cost of buying public shares from phase 1 and 2 at the current share price = 6025m
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.08 15:53:00 - [141] Originally by: Dzil various stuff about running this more like a real IPO I think it's a bit late to start trying to run this like a real IPO. I had aspirations in that direction when I started this but limited available time has prevented me from doing those aspirations any real justice. Originally by: Dzil the possibility of voting in a new manager For Ugly Toys that is not an option. Ugly Toys has never been just this IPO, there is a lot going on inside that corp that is private and will remain so. Passing it on to another manager, under any circumstances, is a non-starter. For BMS there is more potential for this, but we would run in to many issues. The key issue would be the selection of an acceptable manager to replace me. It's not like there is a long queue of trustworthy people that have years of experience running public research POS networks that we could draw upon. The few that I would trust are far too busy to take this on and would, for the same reasons as I, want to reduce the debt rate such that we are back to where we started. More importantly, how many of the potential candidates would my investors trust? The final killer for this idea, I believe, is that a large part of the current client base entrust tens of billions in unlocked BPOs to hangars that I have access to because they know they are safe in my hands... this is unlikely to be the case for most of the available candidates to replace me and as a result a new manager would have the additional burden of building up a new client base from day one. It's an interesting idea but I don't think it's practical in this case. One final point on this matter... I'd rather like to keep what I've spent the last 8 months building up.
SonOfAGhost Minmatar Minmatar Munitions and Tactical Assets Repository Zzz	Posted - 2009.05.08 16:53:00 - [142] Could your aims be achieved simply by increasing the number of existing shares you own? Either by offering a voluntary partial buy-back at a premium. Or mandatory buy-back (this could take a while, but at least you don't have a large number of people to deal with) and then re-issue the excess beyond your desired level of ownership/profit. Presumably giving preference to existing shareholders to buy back in as rawcola did recently. Just a suggestion as your situation and game-play goals sound similar to MMTAR which I've always maintained a large stake in. ----- Originally by: kedoremos EVE's economy is **** for CPAs, Annuities, and Stock Brokers.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.08 19:28:00 - [143] Originally by: SonO*host Could your aims be achieved simply by increasing the number of existing shares you own? I think the benefits of keeping this business public have been realised and there is little left to gain. So for me, adjusting the current public business makes less sense than privatisation.
Desere The Collective	Posted - 2009.05.08 19:46:00 - [144] Well as long as i get monthly isk iam happy and atm this is god isk for me as a share holder :-)
Dzil Caldari Second Quadrant Ice Division	Posted - 2009.05.08 19:54:00 - [145] Originally by: Bad Bobby One final point on this matter... I'd rather like to keep what I've spent the last 8 months building up. I think this is a matter best left to the debating of actual investors, I'll just wish you good luck.
Mr Minmatar Minmatar Minmatar Munitions and Tactical Assets Repository Zzz	Posted - 2009.05.08 19:58:00 - [146] Originally by: Dzil I think this is a matter best left to the debating of actual investors, I'll just wish you good luck. Care to hazard a guess who the largest shareholder is? Originally by: Fabricati Diem Raising the issue in this forum is akin to a gazelle appealing to lions about the predatory tactics of leopards.
Dzil Caldari Second Quadrant Ice Division	Posted - 2009.05.08 20:16:00 - [147] Originally by: Mr Minmatar Originally by: Dzil I think this is a matter best left to the debating of actual investors, I'll just wish you good luck. Care to hazard a guess who the largest shareholder is? Nope. I assume BB holds 20% if I understood that 2b/8b piece above. Whoever holds that other 8b, this is up to them to decide what kind of deal it is.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.09 07:43:00 - [148] Originally by: Desere Well as long as i get monthly isk iam happy and atm this is god isk for me as a share holder :-) I'm glad you have been happy with your share purchase thus far. You can be sure that you will either continue to receive monthly isk or get at least the full amount you invested back. Originally by: Dzil Originally by: Mr Minmatar Originally by: Dzil I think this is a matter best left to the debating of actual investors, I'll just wish you good luck. Care to hazard a guess who the largest shareholder is? Nope. I assume BB holds 20% if I understood that 2b/8b piece above. Whoever holds that other 8b, this is up to them to decide what kind of deal it is. The shareholders are: 2000 Bad Bobby 1500 Enihcam Xes 1000 Miru Redglade 1000 Caber Atreides 1000 Finedele 1000 Namco 500 Frenden Dax (Dax Aquisitions corp owned) 500 Silpa Cordis 500 Desere 9000 Shares total So I hold a bit more than 20% and I am the largest single shareholder. I have sent out eve-mails to all the shareholders to draw them in to this discussion.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.09 14:15:00 - [149] I'm pretty sure I'm going to go ahead with a bond-and-buyout approach on this. Keeping phase 3 investors hanging on for their money or allowing them to continue to receive payouts after the early investors have been forced out does not sit right with me. I'm still open to discussion and I'm hoping for a little more investor feedback before I go ahead with anything, but I believe the terms will be: 9b bond in 9000 shares 4% monthly return No fixed end date You can trade them any way you like I will buy them back eventually but I offer no buyback at this time and it will most likely be a compulsory buyback when the time comes. Bond shares are tradable by any means and for any price you can obtain, but compulsory buyout will be fixed at 1m per bond share, so consider this if you buy them from someone at an inflated price. If you want to offload them at a later point but before I do the buyback, I doubt you'll have too much trouble finding a buyer and you are welcome to approach me too as I may have spare isk that might as well save me 4% rather than languishing in EBANK at 3%. I've adjusted to 9b so that I can re-use the UGLYH shares to administrate the interest payments and allow for easy trade of these bonds. The UGLYH payouts would be: 2000 Bad Bobby = No payment 1500 Enihcam Xes = 1650m 1000 Miru Redglade = 1100m 1000 Caber Atreides = 1560m 1000 Finedele = 1100m 1000 Namco = 1100m 500 Frenden Dax (Dax Aquisitions corp owned) = 550m 500 Silpa Cordis = 550m 500 Desere = 800m 9000 Shares total = 8410m I'll easily find a use for the spare 590m which will justify the 4% rate. Since existing shareholders currently hold the shares which will be used in this bond, I can work on the basis that all existing shareholders are transferring over to the new bond unless they tell me otherwise. I will pay out the difference between their buyout price and the 1m per bond price if I do not hear from them and if I do hear from them they can return the shares to me for re-sale as bonds and get their full payout. This means if any of my shareholders are inactive, it will not put a stopper on my re-using these shares and this holding corp. I'll be opening it up with my 2000 shares for sale first and we'll see how many existing shareholders come forward to cash in their shares. If I start the process before the 21st of this month (UGLYH dividend day) then I will issue a manual dividend to all existing shareholders along with their buyout or IPO-to-bond conversion payout. That payout will, as always, be 100% of our profits up until that point. Interest payments will be scheduled for the monthly aniversary of the bond launch date, whenever that happens to be. I will not be taking reservations, you either hand the money over in excange for the shares once they are on offer or you can go spin. There will be no audit, there was no audit of UGLYH at launch, auditors are like hens teeth right now, if you don't like that or do not feel you can trust me then there is nothing I am going to do to change that. This is still under discussion and is not final, we are not open to offers yet. I'll give it a little longer before we move forward with this plan or adjust to a new plan based on feedback from current investors, potential investors and spectators. I think that's the neatest way to make this work, do we have any objections, comments or questions?
Miru Redglade	Posted - 2009.05.11 16:56:00 - [150] I'd like to cashout half of the shares I have invested, and leave the other half to be converted into bonds. Cheers.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.13 07:14:00 - [151] Ok, I've got a day off work today so this seems like as good a time as any to go ahead with the Bond launch. Here's the plan: I will issue a final dividend to UGLYH IPO shareholders. I will start a new thread for the UGLYH BOND. I will make the first 2000 UGLYH BOND shares available for purchase. These are my personal shares. This will raise 2 billion. I will make payments to each UGLYH IPO shareholder to cover the difference between their IPO buy-out price and the BOND buy-in price. This transfers all existing UGLYH IPO shareholders to UGLYH BOND shareholders. The amount to be paid to each shareholder is as follows: Enihcam Xes = 150m Miru Redglade = 100m Caber Atreides = 560m Finedele = 100m Namco = 100m Frenden Dax (C/O Dax Aquisitions corp) = 50m Silpa Cordis = 50m Desere = 300m Total = 1410m This thread will be retired. Any UGLYH BOND shareholder, regardless of if they are ex-IPO or not, can post in the UGLYH BOND thread if they wish to sell their shares. I will make myself available as broker for all such transactions to avoid any additional risk to any party. But as always, you are welcome to trade them anywhere you wish, for any amount you wish, without consulting me. I understand that some, if not all, of my existing shareholders will be sad to see this IPO finish. But all good things must come to an end. Thanks for investing in me and I look forward to doing further business with you all.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.13 08:11:00 - [152] Final dividend paid. Total: 837,355,060 Per Share: 93,039
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.13 11:00:00 - [153] The bond thread is open here. My 2000 shares are currently being sold of there. Any existing shareholders wanting to sell up should post to that effect in the bond thread and I will deal with it accordingly. Once I have sold up enough of my shares to cover it I will be sending the isk to ex-IPO shareholders to cover the change in value of their shares. Once that is completed I will retire this thread.
Bad Bobby Ugly Toys Zzz	Posted - 2009.05.13 13:16:00 - [154] Originally by: Bad Bobby I will make the first 2000 UGLYH BOND shares available for purchase. These are my personal shares. This will raise 2 billion. Done. Originally by: Bad Bobby I will make payments to each UGLYH IPO shareholder to cover the difference between their IPO buy-out price and the BOND buy-in price. This transfers all existing UGLYH IPO shareholders to UGLYH BOND shareholders. The amount to be paid to each shareholder is as follows: Enihcam Xes = 150m Miru Redglade = 100m Caber Atreides = 560m Finedele = 100m Namco = 100m Frenden Dax (C/O Dax Aquisitions corp) = 50m Silpa Cordis = 50m Desere = 300m Total = 1410m Done. Which leaves... Originally by: Bad Bobby This thread will be retired. Done.

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