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Naya Sky
Serra Industries
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Posted - 2008.08.09 21:22:00 -
[1]
I.) Bond request
Serra Industries Corporation [SERRA]
1.) Overall information
[SERRA] is a one man trading corporation. I am looking to raise a bond of 1B ISK for duration of one month (31 days). I will be buying back bonds in one month at base price + 15% (total payback of 1.15B ISK).
2.) Background
I am playing EVE for around 2 months now. Initially I was playing a combat oriented character but I soon realized that I could find better "PVP action" in other games. Trading however was very appealing to me and I enjoy being a trader a lot. I terminated my other account and I am now playing exclusively on this trader character. As for trading itself, I started with a capital of around 40M ISK and I managed to earn over 400M profit in a couple of weeks. I don't have any alts on this account, nor do I have any other active accounts - I only trade with this character. I do a mix of station and region trading without hauling cargo around.
3.) Why bond request?
There are two reasons for this. Main reason is that I bought a GTC with ISK today which reduced my budget to roughly 100M ISK. And the second reason is that I will be able to raise much better profits with larger capital.
4.) Risks
a.) Scam. I cannot provide collateral since I don't have any assets. At this point I can only give my word that this is not a scam. I tried to cover everything in as much details as possible, along with corp signature so you can see that I am serious about this.
b.) Burning out / getting borred. I am trading for some time now and it's still fun. Furthermore I have a decent amount of free time in upcoming days, I also recently returned from holidays so I will be active for the duration of this bond.
c.) Risky trades. I don't do any market manipulation and I trade with many different items so there is almost no risk of losing money.
d.) Losing cargo. I don't haul items so there is no fear of losing any items or ships.
5.) Security
If needed I am willing to provide my full API key of my account to a trusted auditor of investors' choice.
6.) Back-up plan
If for any reason at any time something goes wrong I will sell all the remaining items, cancel orders and return ISK back to investors.
7.) Additional notes
My main language is not English so I hope I didn't make any severe grammar mistakes. I will also be glad to answer any question either here on forums or via in-game mail or convo.
~Please do no post, more posts incoming!~
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Naya Sky
Serra Industries
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Posted - 2008.08.09 21:23:00 -
[2]
II.) FAQ
Can someone vouch for you? Sadly I haven't made any serious friends that could vouch for me.
Why so low amount (1B ISK)? Mainly because I currently don't need more ISK and profits from 1B bond will be enough to get me back on my feet. The second reason is that I can't offer much security so it would be harder to raise more capital.
Can I transfer my bonds? You can transfer your bonds freely. However - keep in mind that the person who sends me back bonds upon venture ending will receive the ISK.
Can I sell bonds back prior to venture ending? It is possible to sell bonds back to me prior to venture ending. However I won't be buying bonds within first 10 days. After 10 days you can send me bonds back and you will receive full base value within 48 hours. If you owned shares for 20 days or more you will receive back full base value + 5%.
Your portrait is still "!"?! Are you sure you have the skills and experiences needed for this? This character is about 2 months old and I have 2.5M SP. Needless to say there is 1.6M SP invested in trade skills. I have currently 81 max orders (until venture starts the number will be 113). Furthermore, an auditor will be able to confirm that this character is indeed more than capable of trading.
Do you have enough time for trading in the next month? Like I said, I have enough free time in the next couple of weeks, also I can log online to update orders several times per day so I am positive that this venture will be successful. I also don't haul cargo so I don't need to spend a lot of time online.
Will you be posting any updates of this venture? Yes, I will post short weekly updates so investors can see how am I doing.
Can you tell a little about yourself? I am 21 years old student from Slovenia. Currently I am on a summer break so I decided to start this venture. I enjoy reading books, drawing, cycling, swimming and of course playing some games on computer.
Will you be doing more ventures in the future? No, I currently don't have any plans for future ventures - this will most likely be a one time thing.
~Please do no post, more posts incoming!~
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Naya Sky
Serra Industries
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Posted - 2008.08.09 21:25:00 -
[3]
III.) Investing
1.) Details
Bond reservation deadline: Thursday 14th Aug 23:59 (GTM+1) Deadline for sending ISK: Friday 15th Aug 23:59 (GTM+1) (If you reserved shares and for some reason you cannot send ISK on Friday, you can send it prior to Friday)
Venture start: Saturday 16th Aug Venture end: Tuesday 16th Sep Investors can send me bonds back from Tuesday 16th Sep and onwards and I will return ISK within 24 hours (base price of the bonds + 15%).
Notes: - I will send corporation shares within 24 hours from receiving payment. - If bonds are not fully reserved until Thursday 14th Aug 23:59 (GTM+1) this venture will close and all ISK will be returned on Friday 15th Aug 0:00 GTM+1.
-Minimal investment is 100 Shares (100M). -Maximal investment is 500 Shares (500M).
2.) Bond reservation
a.) Bonds availible: --------------------------------------------------------- 1000 Shares (1000M) ---------------------------------------------------------
b.) Bonds reserved: --------------------------------------------------------- Name/Bonds/Status: --------------------------------------------------------- (empty) ---------------------------------------------------------
c.) Backup reservations: --------------------------------------------------------- Name/Bonds/Status: --------------------------------------------------------- (empty) ---------------------------------------------------------
Notes: - Backup reservations will replace primary investors if they fail to send ISK until deadline. If that is the case, notified backup investors will have to send ISK within 24 hours.
~Please do no post, more posts incoming!~
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Naya Sky
Serra Industries
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Posted - 2008.08.09 21:25:00 -
[4]
IV.) Future updates
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Naya Sky
Serra Industries
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Posted - 2008.08.09 22:24:00 -
[5]
Originally by: Packtu'sa
Originally by: Naya Sky I don't do any market manipulation and I trade with many different items so there is almost no risk of losing money.
Just because you diversify doesn't mean you cannot lose money. Furthermore, trading is almost always 'market manipulation' in one form or another. That's why you make ISK from it.
Well you are right, but still - from 2 months of trading I always managed to make profit from every single item I traded.
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Naya Sky
Serra Industries
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Posted - 2008.08.09 23:00:00 -
[6]
Originally by: YouGotRipped Edited by: YouGotRipped on 09/08/2008 22:49:56
Originally by: Naya Sky
Edit: Everyone above me got bonds reserved.
Please stop reserving shares with your alts, you're running out of shares...
Are you implying that I am reserving my own shares or are you trying to be funny?
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Naya Sky
Serra Industries
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Posted - 2008.08.09 23:28:00 -
[7]
Originally by: YouGotRipped Maybe today is noob's day or something but each of the first 3 people that posted reservations doesn't have more than 5 posts so far in their record. Isn't that funny as hell? I won't say more but I'm eagerly awaiting your expansion whenever it will come. 
There, posting a small "proof" that I don't have any alts on my account. My first account is frozen so I can't post a screenshot.
Also, everyone above has bonds reserved.
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Naya Sky
Serra Industries
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Posted - 2008.08.09 23:42:00 -
[8]
Originally by: Lubimchik Well, don't get me wrong the above reservations seem a little funny, and YGR likes to stir things up a bit some times. However I do understand where he is coming from!
Well I understand people fear for their money and want to be sure.
I am willing to provide full API keys from my retired account as well as this account to an auditor.
Originally by: Lubimchik The post of the screen shot really does not mean anything in the long run, I mean you could have a billion other accounts each with 3 alts in them. So where as its a pretty nice effort, its not really one that's going to convince anyone here!
As far as I know trial accounts can't post here so if I would have more accounts I would just buy some more GTC and sell those - I wouldn't bother writing up a 2 hour essay for a 1B bond. 
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Naya Sky
Serra Industries
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Posted - 2008.08.09 23:59:00 -
[9]
Originally by: YouGotRipped Edited by: YouGotRipped on 09/08/2008 23:53:22
I know I promised not to say more but did anyone tell you that you have a very nice signature? 
And that you're learning things very fast? At 2 months I was still running missions / daytrading. You're already into the industry side of the game.
Just checked it out and my first account was created 5/13/2008. So it's more like 3 months I guess. And name of my corp is a bit miss-leading. I only trade, not much industry involved. 
Anyway I'm off for today, will answer more questions in the morning. And hopefully we will be able to find an auditor.
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Naya Sky
Serra Industries
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Posted - 2008.08.10 01:11:00 -
[10]
Edited by: Naya Sky on 10/08/2008 01:13:26 Well that's it - I am closing this venture down. After some long thinking I decided that I will take a break from EVE.
I expected that I would be flamed for this but this is just a bit too much for me. I know that people don't want to trust others with their money - especially in MMO games, I did play a fair share of them and I know how it's like out there. But still, people are jumping to conclusions a bit too fast and we didn't even have an audit and I am already "scamming for some GTC's" and investing in my own venture with alts.
As for exclamation mark - my first char got portrait after 10 days of playing, whilst this one was created on June 13th and I am still exclamation mark (after 2 months).
Too bad I bought GTC today, a waste of playing time. Anyway I have around 70M ISK still on my account and another 10-20M ISK worth of items. I will sell them cheap tomorrow and send equal shares to John Agrippa, Zaqas, Genius Eyecandy, Mike'P and Calgorac. It should net you for about 16-17M each which is like you would really invest. I'll send money when I wake up (11am probably).
And Genius Eyecandy I'll write you an EVE-mail tomorrow as well - I am to tired to do this now.
And YouGotRipped I'll contract you a brand new Apotheosis - never flown for free. It's in Minmatar space so you will have to go there to pick it up. 
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Naya Sky
Serra Industries
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Posted - 2008.08.10 11:27:00 -
[11]
21M ISK was sent to everyone as promised along with the ship.
Originally by: CornerStoner
So...You go from a billion ISK bond to quitting the game in 23 posts?  On to the next MMO(or alt) huh?
Originally by: YouGotRipped Edited by: YouGotRipped on 10/08/2008 02:07:52
Originally by: Vhaluus tbh you got off rather lightly as far as the probing goes. If you couldn't stand up to this then chances are running an IPO wasn't for you anyway.
But why quit the game over it? I mean 100mil is more then enough to get back on your feet with trading, you should know that because you started with less yourself. Just do it on your own.
No, it's either 1B isk in small, unmarked bills or he'll quit. We have to choose now. TBH I think that "deleting chars" would have worked much better in this context, provoking an overwhelming wave of compassion followed by an uncontrollable urge to invest. Anyone that loves trading and not isk will continue even with 5000 isk (The Ultimate Project - Turning 5k into 1b in 1 month using market only)
What can I say. I already turned 40M to 400M once, don't want to do that again. Ever since I started trading I wanted to make a small IPO. A little in-game project which resembles real life market. Like I said before, I only trade in this game, I don't do mission or run around and PVP. I had two goals to begin with, to make enough money on my own to buy a GTC with ISK and to make a small IPO. I would quit EVE when this venture would end and give all the profits back to investors - which would be much more than +15% as promised here. So yea, I got a little frustrated when people started to accuse me right away without them knowing what my plans were. My plan all along was to quit EVE after this and almost double the money for investors - and for what? I don't need this, I don't want to defend myself from such harsh accusations. I expected some doubts since I am still rather new, but this is just too much, nobody even wanted to wait for an auditor and see what he/she had to say. I really wanted to do something good with this but what can I do.
And for others complaining about my IPO setup. I never did this kind of thing before, sure I was lurking around in forums looking at other threads but I didn't really pay much attention to reservation and payment details (which I should). As for my IPO, I thought it would be good idea to make a reservation deadline, and I even set the date like 5 days ahead so there could be enough time for an audit to be done and all the questions answered. Questions... that's right. And not "you bought your own shares!", "it's clearly a scam!" etc... Nobody bothered to ask more about the project in a more civilized manner. I took time to write this IPO and I was expecting a bit friendlier replies.
I always wondered why isn't there more of these "smaller" IPO's. Now I know, it's hard to gain trust when you have no cards in your hands. But it's a shame, because it's so much easier to earn money when you have more capital. And every serious new trader would be able to earn so much more if they could get an IPO or a loan early on.
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Naya Sky
Serra Industries
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Posted - 2008.08.11 20:35:00 -
[12]
Originally by: Ambo I'm not sure wether to laugh or cry at the OP. Personally I think the chance the OP was legit went from low to very low after those ! investors appeared but hell if I was in a good mood I'd have given him the whole 1 bil just to see what happened! It might have been tasty and who gives a crap if he runs with it?!
This whole quiting the game thing is just... bizzare. 'Oh I love this game and the market, it's so in depth! My plan was to stress myself out, make loads of cash and then quit'.
Right you love it that much huh?
How about you just admit it was all BS and go back to playing with your main. 1b? seriously? make some f*ing effort next time.
Same goes to the investors put some effort in you weak-ass, punk-ass, crackerjack motherf*ers!
What's with the hatred? Did I, or anyone else in this thread did anything to you? Always assume the worst from people, right? I'm sure that works great for you in-game and real life as well.
Anyway, just close this thread down, useless to continue argue about things.
I uninstalled EVE today and here is my account details, I don't need it anymore so if anyone wants a trader character located in Rens go ahead. I even changed the e-mail to some random non-existent one. Account expires in a month.
Expires: 9/14/2008 10:51:33 PM Date of birth: 1/1/1987 12:00:00 AM Email: [email protected] ID: Visass Pass: trial345
This is my last post so good luck to everyone, I had fun playing EVE.
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