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Starlight Horizons
Starlight Horizons Corporation
New Eden Research
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Posted - 2008.08.10 03:53:00 -
[1]
STARLIGHT HORIZONS CORPORATION {STR-H}
STR-H has been a publicly funded corporation since December 2007 starting off with an IPO launch of 3 Billion ISK and expanding to its full capacity of 8.2 Billion in March 2008. During my run as CEO of STR-H I have returned over 4 Billion ISK in dividends. The current running total is 4,486,757,993 ISK.
I have plans to expand my operation and am offering a Bond that will pay 40 ISK per share. There are 10,000 shares available and payments will be twice a month on the 1st and 15th. I have set up a holding corporation Ashab Innovations {ASHB} with my latest alt Avery Eldon as the CEO and placeholder.
Avery Eldon is the name of my son that was born in March and hence he got a little investment and immortality in EVE.
Based on the format that was utilized by Calgorac with his offering of CCMS3 I will conduct my Bond issue with the same standards. CCMS3 Link
I will start the bidding in blocks of 100 with a starting price of 100 Million ISK per block.
This will be a six month bond, with a estimated termination date of 20 December 2008. At that date I will buy back each share for the initial purchase price. I am putting the estimated date due to it being close to the holidays and I want everything wrapped up before I spend Christmas with the family.
I will list this bond on RESX and EGSEX. I will answer any questions either tonight or tomorrow as it is almost midnight here right now.
This auction will be available for 48 hours.
IPO Blog |
Packtu'sa
Nabaal Construction and Industrials Corp
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Posted - 2008.08.10 03:58:00 -
[2]
 Originally by: Starlight Horizons
I have plans to expand my operation and am offering a Bond that will pay 40 ISK per share.
How often?
Packtu'sa [NCIC]
Founder/CEO, Nabaal Construction and Industrials Corp |
Starlight Horizons
Starlight Horizons Corporation
New Eden Research
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Posted - 2008.08.10 04:00:00 -
[3]
Quote:
payments will be twice a month on the 1st and 15th
IPO Blog |
Devlin d'Arc
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Posted - 2008.08.10 04:19:00 -
[4]
Starlight,
I was interested in your investment, but when I attempted to run the numbers it didn't make sense to me. Perhaps I am doing this incorrectly and you can advise me. If I purchase a "block" of 100 shares for $100m ($1m per share) my return is 2 payments of 40isk per share in one month. Thus, the return on my $100m investment would be $8,000isk per month, an effective interest rate of 0.8% per month?
Please advise.
Cheers,Dev
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Packtu'sa
Nabaal Construction and Industrials Corp
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Posted - 2008.08.10 04:25:00 -
[5]
Originally by: Starlight Horizons
Quote:
payments will be twice a month on the 1st and 15th
D'oh, yep. Didn't connect that up there somehow. 
Packtu'sa [NCIC]
Founder/CEO, Nabaal Construction and Industrials Corp |
Starlight Horizons
Starlight Horizons Corporation
New Eden Research
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Posted - 2008.08.10 04:26:00 -
[6]
I need to look at my numbers again then, I was thinking it would be more like 4% instead of 0.8% with a 100 million investment.
Let me look at my excel spreadsheet again and make sure I didn't leave off a zero somewhere.
IPO Blog |
Devlin d'Arc
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Posted - 2008.08.10 04:30:00 -
[7]
Originally by: Starlight Horizons
I need to look at my numbers again then, I was thinking it would be more like 4% instead of 0.8% with a 100 million investment.
Let me look at my excel spreadsheet again and make sure I didn't leave off a zero somewhere.
Two payments of $200isk per month will get you to 4% monthly return. If you agree that was your original intention then on good faith I will subscribe for a block at the offering price.
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Amarr Citizen 155
Alternative Methods Research Group
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Posted - 2008.08.10 04:33:00 -
[8]
Just a reminder, this is a dutch auction not a straight sell.
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.
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Calgorac
The Arrow Project
Morsus Mihi
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Posted - 2008.08.10 04:36:00 -
[9]
I think your aiming to set the starting bid at 8% per month? 100m for 100 shares each paying 400 isk per share on the first and fifteenth?
For Buy back option Contact "James Omerand" ingame.39 billion under Management |
Devlin d'Arc
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Posted - 2008.08.10 04:46:00 -
[10]
Originally by: Amarr Citizen 155
Just a reminder, this is a dutch auction not a straight sell.
Oh yes, correct. I will start it at $100m for one block at Calgorac's noted 8% as it appears that was the original intention prior to the accidental drop of the additional zero was indeed 8%. Although it appears I have tipped my hand at where my comfort level is :P
Cheers,
Dev
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TheG2
Gallente
Dirty Rotten Scoundrels
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Posted - 2008.08.10 05:09:00 -
[11]
Edited by: TheG2 on 10/08/2008 05:09:53
1 block at 102mil.
If I'm doing this wrong, let me know.
Regards
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Vhaluus
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Posted - 2008.08.10 05:11:00 -
[12]
100m for 1 block assuming the 8% monthly return as well.
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CornerStoner
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Posted - 2008.08.10 05:22:00 -
[13]
bid: 1 block @ 100m
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Ricdics
Corporate Placement Holding
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Posted - 2008.08.10 05:28:00 -
[14]
I don't know why Starlight but I have always been a bit hesitant with you.
The only real reasoning I can use is that you have a similar name and profession to an older scammer Angelina Starsc****r? who stole the PRIG research operation after handed over to her.
It sounds stupid but it's kinda one of the things making me wary of investing in you (which is quite hypocritical seeing as I had research IPO's as well) 
Good luck anyway, don't mind my insane ramblings. |
Calgorac
The Arrow Project
Morsus Mihi
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Posted - 2008.08.10 05:29:00 -
[15]
so your offering 4 % per month?
For Buy back option Contact "James Omerand" ingame.39 billion under Management |
Lubimchik
Power Seed Enterprises
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Posted - 2008.08.10 05:46:00 -
[16]
I see a lot of people here posting that they want to buy blocks at so much return.... I thought that was not how dutch auctions worked?
I don't really know much about it but I thought that you placed your bid on the amount of interest that you wanted returned and the amount of shares you wanted.
As I said I have no idea how these work, I haven't taken the time to Wikipedia them yet, but if someone could clarify for me please?
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Packtu'sa
Nabaal Construction and Industrials Corp
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Posted - 2008.08.10 05:52:00 -
[17]
Originally by: Lubimchik
I see a lot of people here posting that they want to buy blocks at so much return.... I thought that was not how dutch auctions worked?
I don't really know much about it but I thought that you placed your bid on the amount of interest that you wanted returned and the amount of shares you wanted.
As I said I have no idea how these work, I haven't taken the time to Wikipedia them yet, but if someone could clarify for me please?
In an auction based on interest rates, a low interest rate is a high price for the bidder. This is still an auction, but using the price of the shares to modify the percent return, as opposed to changing the rate on a fixed security price.
Packtu'sa [NCIC]
Founder/CEO, Nabaal Construction and Industrials Corp |
Lubimchik
Power Seed Enterprises
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Posted - 2008.08.10 05:57:00 -
[18]
Ahh okies. I think I understand...
So assuming I understand correctly.
I would like to place a bid on an 100m block for 7.9% interest (I am assuming that the start interest is 8%?)
Now say someone bids 7.8, does this mean, I have to bid to beat them? Or can I still purchase my shares at that interest until all shares have been bid on with a lower interest rate?
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Packtu'sa
Nabaal Construction and Industrials Corp
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Posted - 2008.08.10 06:25:00 -
[19]
Originally by: Lubimchik
Ahh okies. I think I understand...
So assuming I understand correctly.
I would like to place a bid on an 100m block for 7.9% interest (I am assuming that the start interest is 8%?)
Now say someone bids 7.8, does this mean, I have to bid to beat them? Or can I still purchase my shares at that interest until all shares have been bid on with a lower interest rate?
He's not running a Dutch auction by decreasing rates... he's running it by increasing the price of the security.
Packtu'sa [NCIC]
Founder/CEO, Nabaal Construction and Industrials Corp |
Charlie Drago
Omega Engineering Inc.
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Posted - 2008.08.10 06:28:00 -
[20]
Edited by: Charlie Drago on 10/08/2008 06:29:33
It is somewhat confusing at the moment, however I think we are to change the price, not the interest rate directly.
I have been pleased with the original STR-H, but I just have a couple questions before I commit fully to this expansion.
0:If I understand this correctly, then there are 100 blocks available, for a minimum of 10 billion isk?
1: How will this new expansion affect the original IPO?
2: You state that this will be a 6 month bond, ending in just over 4 months right before christmas.
3: Am I understanding correctly that this is a doubling of the amount of isk you are working with? From 8.2B to 18.2B?
3b: If so, is your business plan just remaining the same and scaling up?
I'd like to reserve 2 blocks @ 100m each pending answers to the above.
Edit: Forum newb, horrible formatting
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Lubimchik
Power Seed Enterprises
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Posted - 2008.08.10 07:17:00 -
[21]
Originally by: Lubimchik
Ahh okies. I think I understand...
So assuming I understand correctly.
I would like to place a bid on an 100m block for 7.9% interest (I am assuming that the start interest is 8%?)
Now say someone bids 7.8, does this mean, I have to bid to beat them? Or can I still purchase my shares at that interest until all shares have been bid on with a lower interest rate?
Perhaps I am just a tard... I dont know, but do to not being able to understand how anything is working here... despite several google searches and some research I am going to retract my bid until I can fully understand how the heck this works.. Sorry for any wasted time!
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MilowFV
Echo Heavy Industries
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Posted - 2008.08.10 07:38:00 -
[22]
Edited by: MilowFV on 10/08/2008 07:42:51
Bah hate the forum I had an explanation all type out and then it went poof when I post it.
Anyway, the amount paid out per share is fixed at 20k ISK/share. Your bidding on how much you will pay per share. The initial bid is 1 million ISK/share with a 20k ISK payout ever 2 weeks or 4 percent/month. If you bid 1.1 million ISK/share the payout remains the same so your interest rate will of course go down. This method will try and raise more ISK then the initial 10 billion ask for, assuming folks bid on it anyway.
I don't much like doing auction this way myself, but that just me. I hope that clears it up for you anyway.
PS This alway kind of struck me as buying a bond at a premium. How is this different then buying a premium bond?
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Namco
Balls of Steel
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Posted - 2008.08.10 07:55:00 -
[23]
I suck at numbers, so this is too damn confusing for me to place a bid on, unfortunately.
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John Agrippa
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Posted - 2008.08.10 08:42:00 -
[24]
I bid for one block @ 120m.
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Oursaleart trader1
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Posted - 2008.08.10 08:43:00 -
[25]
Originally by: John Agrippa
I bid for one block @ 120m.
be aware that if its anything like the other thread he's involved in, you don't exactly have any guarantee from this bid.
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Treelox
Amarr
Market Jihadist Revolutionary Party
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Posted - 2008.08.10 09:14:00 -
[26]
My bid is for;
2 blocks(of 100 shares per block) at 70m a block.
---
Yes I am aware that this takes the bidding in the opposite direction than you wished, but it takes it in a direction where the ROI % is more to my liking. You may ignore my vote or you may take it in good faith in the hopes that others will eventually come in on the auction and bring the price back up to where you want it.
--
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John Agrippa
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Posted - 2008.08.10 09:20:00 -
[27]
No need to flame me. This is an auction, thus all bids should be binding.
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Shadowrunner99
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Posted - 2008.08.10 13:01:00 -
[28]
Could you please make a post like CCMS3 had, with the block number, price, and person. It made things a lot easier to track and know what was going on. I will bid 4 blocks for 100 mil (assuming its a viable bid in this point in time).
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Calgorac
The Arrow Project
Morsus Mihi
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Posted - 2008.08.10 13:17:00 -
[29]
Id like to place a bid, but I cannot tell where things stand at this point...
Your Starting bid puts the ROI at 4% per month... To put this in perspective CCMS3 closed at 4.4% per 28 days or apx 4.7& per calender month.
I'll place a bid at 40m per block for all available blocks or 10% ROI per month
For Buy back option Contact "James Omerand" ingame.39 billion under Management |
Treelox
Amarr
Market Jihadist Revolutionary Party
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Posted - 2008.08.10 15:04:00 -
[30]
starlight, might i suggest you take the lessons learned from the "mistakes" and "ommisions" from this thread and start a new thread.
Just change the OP to link to the new thread.
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