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LRN
Caldari
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Posted - 2009.01.09 22:04:00 -
[61]
Edited by: LRN on 09/01/2009 22:08:09
Originally by: Keyser Kahn
Please excuse my questions - I may of course be missing something here but am thick skinned so quite happy for people to point and laugh at me.
Monthly return on investment - originally you were expecting to run your business at around an 8% monthly return (+ bonus?) and the return for the first month per your report was 6.5%.
Whilst I clearly missed the part in the OP about a secondary expansion I do not have an issue with this per se other than the lack of information - i.e. when? existing shareholders get preferential opportunity to invest? lack of more detailed information about the expansion and it's affect on the existing business etc.
I would be greatly interested in the above information to allow me to make a measured judgement and obviously I am interested in the expected monthly return on my current investment in so much as are you expecting it to get back to the original level - rise - fall - stay as current?
Thanking you in advance.
I'm afraid that for the time being (2-3 months) paying more than an average monthly return is not a priority. Remaining profit is being allocated to getting the entire project up and running at optimal parameters (continous production) in the shortest time possible - partially funding the expansion aimed at acquiring missing component BPOs and subsequently building a minerals reserve. I'd rather not hazard in forecasting return rates, the next monthly report will be representative in terms of sustainability (moderate market interaction).
As for the timing of the expansion, it will be posted within the next 24h, first come first serve basis as it has been already delayed 4 days for various reasons.
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Keyser Kahn
Stellar-Parallax Corp
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Posted - 2009.01.10 14:17:00 -
[62]
Originally by: LRN I'm afraid that for the time being (2-3 months) paying more than an average monthly return is not a priority. [Snipped other words]
I again apologise for re-visiting this but hopefully I am being thick. You launched your IPO based upon the expectation of paying your investors around 8%. You appear to have now decided that it should be around 6%? You also appear to be saying that it is not a priority of yours to conform to your original goals and claims with which you sought the original investment?
If I am not being thick and please feel free to either: a) just scam and take my isk as this would leave a better taste in my mouth than currently b) assuming any of your original claims are valid - note my 1200 share down for buyback after the initial 3 months c) at least kiss me first
Thanks |

LRN
Caldari
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Posted - 2009.01.10 15:15:00 -
[63]
Edited by: LRN on 10/01/2009 15:22:41
It goes without saying that once the project is online I will compensate the investors for the lower return associate with these months.
But with more than 80% of the project funds tied up in fixed assets that are dependent upon additional funding to yield any profit it is understandable why at this point my priority is partially funding the expansion rather than paying an above average monthly return.
Based upon the results of the next monthly report, I will carefully consider paying more dividends and the setbacks that such a course of action will incur. I assume a compromise is the most likely solution in this matter.
Black Sun Empire |

Christos Hendez
Warhamsters Against ALL Authorities
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Posted - 2009.01.10 19:52:00 -
[64]
200 million has been sent to AmishParadise
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