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Bond offering - 32% compounded over 4 months

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Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 03:54:00 - [1] Edited by: Brock Nelson on 23/12/2008 03:54:41 Flux Technologies Inc Bond Offering The quick and dirty 1 billion bond offering, 8% per month, 4 month term, full payout at the end of 4 month term totaling 32% compounded. 100 bonds @ 10 million each. Even a small time investor can get into it. Who am I? I run a research corporation known as Flux Technologies, IÆve been posting in Market Discussion for awhile. I have audited one successful bond (Stardust CEO) in the past. Business Plan There is no plan; the idea is to simply create a 4 month CD at Dynasty Bank that returns 10% per month. IÆm taking 2% as a fee and offering 8% to investor. IÆm offering this bond because I have 2 accounts at Dynasty Bank that is doing nothing and I thought people would benefit from my offering. Bond Plan This bond offering is open today and will close on Dec 30th; no bonds will be sold after that date. The bond will begin on Dec 30th and run until April 30th. Flux Technologies Inc is offering a total of 100 bonds for 10 million each, totaling 1 billion. At the end of 4 month term, investor will get their full investment back plus 32%. So, if you purchase 1 bond at 10 million; you will get 13.2 million back. The bond will expand if more than 100 bonds are purchased before Dec 30th. Risk Mitigation What happens if DBank folds or scams everybody? Simple, IÆll sell some of my asset in Flux Technologies to cover the loss. The Why Why should you purchase this bond? Easy, if you simple head over to Dynasty Bank and create your own account, your only risk is losing 100% of your investment if they fold or scam everybody. If you invest into Flux TechnologiesÆ bond, your investment is 100% covered by assets owned by Flux Technologies. Fire away the questions, critics and scam post. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 03:54:00 - [2] Reserved 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 04:02:00 - [3] Yes, I should mention that Packtu'sa had suggested Risk Mitigation. I am by no means, suggesting that Dynasty Bank is not to be trusted, however there has been 1 other bank that had scammed everybody. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 04:05:00 - [4] Edited by: Brock Nelson on 23/12/2008 04:05:33 1 billion scam is not worth my time. A independent auditor can verify that there has been no interaction between Stardust CEO or any of his alts with my alts and I. Edit: Of course, other than discussion Stardust's audit. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 04:37:00 - [5] Yeah, Stardust, can you elaborate? Your post is kind of negative... 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 04:57:00 - [6] Yup, to Brock Nelson 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 05:11:00 - [7] Originally by: Stardust CEO I guess it could be interpreted as ambiguous. Let me clarify. What I was trying to illustrate is how easily some people throw their isk at some of the recent bonds posted, with very little support for stated business plans and no reputation to back up the offerer, and contrasting it with the diligent caution of the vets, even going so far as to suggest Brock and I might be working together on an elaborate scam to gather lots of small bonds in order to pull of a concerted large scam. You have to admit, it's quite a contrast. Its ironic, you were facing the same situation except in my case, I have more rep than you did at the time of your bond offering. At least, I'd like to think that I'm more known than you were. I'll create the CDs as soon as the isk is sent in. Ie: The Schwa had sent his 50 shares and will get his Cd created as soon as it gets uploaded to DBank. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 05:18:00 - [8] It's no trouble, you're merely stating what MD vets will say when they wake up in the morning. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 05:23:00 - [9] I'll take it 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 05:27:00 - [10] I'm not asking you to judge DBank rep's against mine. DBank doesn't have a limit on how much you can put into CDs, just how much you can deposit. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2008.12.23 06:00:00 - [11] All bonds are sold now, thanks for your support guys. CDs will be made as soon as they show up in DBank. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.01.21 00:02:00 - [12] Edited by: Brock Nelson on 21/01/2009 00:05:00 I've been waiting to hear from DBank's top man and frankly, he hasn't cleared the situation up any clearer than it was this morning. The effect of DBank folding on this bond will result in no interest being paid out, but investor will still get their original investment back. However, that will put a damper on Flux Tech's monthly profit. Right now, I've lost confidence in DBank; this is attributed to coincidental event including 2 employee quitting, 50 billion missing, scatter report of well known DBank employee being a scammer, and unsustainable liabilities. I have 2 main option here, one benefits Flux Tech and the other doesn't. I can either remove the risk mitigation fine print of this bond (which is basically what made this bond attractive right?) or don't. For the investors, depending on what I decided, I'll leave the outcome of the bond up to you guys. If I choose not to insure the bond Option 1: End the bond right now and get your money back plus 8% interest. Option 2: Continue with the bond, I increase the payout to 10% monthly (compounded 46%) but the bond will become risky. If I choose to continue insuring the bond Option 1: Terminate the CD with DBank and turn it into a regular 8% monthly bond with business plan and exit strategy changed. Option 2: Terminate the CD with DBank and turn merge this bond with the second bond Option 3: Continue with the bond as it is. Edit: Reason I can't decide between removing risk mitigation or not is because of the effect of the decision will have on my reputation. If I remove it, I'm essentially removing Flux Tech's liability that is tied to DBank and I would become known as the guy who changed the terms of the bond. I don't want to have trouble trying to raise capital, especially for one of my upcoming project in couple of months.
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.01.21 05:06:00 - [13] Well, like I said, I'm exploring my options right now. I'd like to hear from other investors.
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.01.21 05:21:00 - [14] With EBank backing up Dbank (with board approval pending), I'm leading toward to keeping the insurance aspect in the bond. 10% for Returning Customers
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.04.24 19:56:00 - [15] Sorry for the late replies. The CD is finished and I'm just awaiting the isk withdrawal from DBank. Blueprint Store
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.04.25 01:34:00 - [16] So, here's the investors and the isk they will be getting back: Investor - Total Invested - Total Returning Packtu'sa - 100,000,000 - 132,000,000 The Schwa - 500,000,000 - 660,000,000 Stardust CEO - 200,000,000 - 264,000,000 Vikarion - 200,000,000 - 264,000,000 Let me know if I didn't get that right. Still awaiting the isk Blueprint Store
Brock Nelson Caldari Flux Technologies Inc	Posted - 2009.04.26 16:57:00 - [17] All of the investors were paid back plus 32% interest. I might do this again in the future but not anytime soon. Blueprint Store

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Flux Technologies Inc Bond Offering