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Endureth
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Posted - 2008.12.23 04:08:00 -
[1]
About
A 6bil ISK six week bond paying 3% weekly interest and then returning principal on the sixth week.
What do I do?
I sit in station and get my stock moved from production location to selling locations using a third party freighter service who provide 110% collateral. I'd like to start up the business again and this bond will help me do that. I am asking for twice as much this time because I will be expanding into more locations than I did last time. I am providing about 2bil of my own ISK for this.
Secure?
I did this about 6 months ago and it was very successful, had to stop due to University starting. This is a mostly liquid ISK business as I am not using SELL orders at all (therefore I don't have to wait for my ISK), I am purely filling BUY ordersą therefore my stock is in my hands for a day or two out of the week at MOST.
Hit By A Bus or Trainą or a Large Man in a Red Suit...
Sadly, I have no collateral to offer and this cannot be remedied. But it is only a six week term bond, so IĘll try not to cross any streets or railroad tracks in these six weeks. IĘll sit and play Eve all day, nice and safe in my house!
Contact
I can supply email or MSN info to a few trusted parties if it is requested of investors.
Interest
Interest will be paid weekly and paid out using simple ISK transfer (because I am a noob at corp shares and stuff). A list of bond holders will be placed in this thread.
Buyback
A 100% buyback policy will be enacted on February 9th, 2009. I pay 3% interest every week and then return your initial investment on the last week along with interest for that week.
Start
This bond will start on next Monday (December 29th, 2008) and the first interest payment will be made on Monday January 5th, 2009.
Minimum Investment
A minimum of 200mil ISK is required for this bond.
Maximum Investment
A maximum of 2bil ISK is in effect for this bond.
Increment
Increments of 200mil ISK to be used please.
How To
To become a bond holder for this bond, please post your reservation in this thread and then transfer at least 200mil ISK and no more than 2bil ISK to Endureth before December 29th, 2008. You will receive a confirmation EVEmail within 48 hours of ISK transfer and your name will be put on the bond holder list in this thread.
Warning!
These bonds are NON-TRANSFERABLE. I will NOT keep track of anyone selling their bond, which means if you sell itą the guy or gal you bought it from will STILL receive the interest payments and principal return. Sorry if that inconveniences anyone, but it is a fairly short term bond, I donĘt expect too many people will want to pull out anyway.
A link to my previous bond offering.
I sold the character which I used to offer my previous bond, but audit will confirm that I am the same person by virtue of the other characters on the account, which are stated in post #2 of my previous bond offering. My Corp CEO can also confirm I am the same person if auditor requires a second opinion. However, only 2 of those characters are still mine, as I sold off the other 3 and deactivated that account.
The only characters that are mine, and share this account are McAlty and Xantherz. It is my only account.
Please ask questions and discuss.
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Endureth
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Posted - 2008.12.23 04:09:00 -
[2]
Reserved
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Endureth
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Posted - 2008.12.23 04:10:00 -
[3]
Reserved
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Endureth
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Posted - 2008.12.23 04:18:00 -
[4]
Good idea Brock... Link to Xantheris being sold
And 200mil minimum investment Brock 
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Endureth
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Posted - 2008.12.23 04:26:00 -
[5]
Pack, I understand the problems it'll bring up. But I wanted a toon with more SP than my main had... so I sold it (and my other alt which I never played anyway) and bought a toon with the SP I wanted. I am still myself, so I can still be trusted.
I spent most of the money from my two character sales to buy my new main (Endureth), that is why I am only investing 2bil of my own and asking 6bil.
I am trying to get a hold of Kazuo to audit me if he has time. There was a concern when he audited me for my first bond because I was buying a Dread/Carrier toon at the same time as bond offering... but that was dispelled, was a completely separate transaction from the bond.
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Endureth
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Posted - 2008.12.23 04:33:00 -
[6]
Well last time I offered this bond the 3bil really only covered my operations in Jita and Dodixie. I am looking to branch out into 2 or 3 more hubs this time, so 6bil should let me dip my foot into them.
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Endureth
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Posted - 2008.12.23 18:09:00 -
[7]
Good question Ambo. I'll try and answer succinctly like you did:
I will be making 350-400 mil profit per week
7.9 bil of my capital goes to purchasing the inventory
0.1 bil goes to freighter service costs
Hope that helps.
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Endureth
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Posted - 2008.12.23 18:11:00 -
[8]
Also please don't send money yet guys and gals. I'd like more discussion and such first, I will announce when money can be sent
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Endureth
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Posted - 2008.12.23 19:04:00 -
[9]
Already answered some of those questions Kazzac. More money because I am expanding into more markets. I assume you mean "what do you expect to walk away WITH" (not from). But in answer to both, in the end I expect to walk away from having to pay investors some of my profits, and I expect to walk away with about 1.2 bil extra in my wallet so that I can continue the business without outside investment, although in less markets initially.
I am looking for someone to audit me, I have contacted Kazuo... but I fear he might be away for the holidays? Kazzac any chance you could audit me? Or anyone else for that matter.
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Endureth
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Posted - 2008.12.23 19:34:00 -
[10]
Yeah I might have to postpone the start date if I don't get audited sometime soon. I have no problem letting you audit me along with someone else Damien, as long as the auditor agrees and all that.
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Endureth
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Posted - 2008.12.24 17:05:00 -
[11]
OK looks like the entire bond has been reserved... now I just need to find an auditor who is not busy with family during the holidays... 
So perhaps I will have to wait until the New Year to get this going, keep an eye on the thread and your evemails.
Please keep posting reservations, always good to have more than needed in case people back out.
Please ask more questions and discuss.
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Endureth
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Posted - 2008.12.27 02:43:00 -
[12]
Looks like Kazuo will be away for a few days on vacation, and no one else has offered to audit me so far. I'd like to ask the investors if they want to go ahead without an audit, or wait for Kazuo to possibly audit me if he has time in a few days...
Up to the interested investors in the end. Let me know what you think please. Thanks!
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Endureth
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Posted - 2008.12.27 04:38:00 -
[13]
I agree with Packtu'sa. Don't be a sheep and follow the others. Investing has as much to do with you as with me. You need to evaluate whether it is a good idea to invest in me, do your research, and so on... but you also need to evaluate if you can afford to to invest right now, what else you could spend your money on, and so on.
Please take Packtu'sa's advice and make sure you want to go ahead.
Oh and I have contacted EBank so they could report on my previous loan history with them, and confirm that I am Xantheris (I think they can do that).
Thanks all.
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Endureth
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Posted - 2008.12.27 19:48:00 -
[14]
Seems there is enough interested parties to go ahead with the bond. So go ahead we will. Please send isk to me when you are ready and we can start this thing. I will post when all funds have been received.
Thanks all.
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Endureth
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Posted - 2008.12.27 20:28:00 -
[15]
Money received from Rodrigo C.
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Endureth
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Posted - 2008.12.27 22:26:00 -
[16]
Money received from Madam Squishy
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Endureth
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Posted - 2008.12.27 22:56:00 -
[17]
Edited by: Endureth on 27/12/2008 22:57:12
Money received from Breaker77
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Endureth
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Posted - 2008.12.27 23:26:00 -
[18]
Money received from Packtu'sa.
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Endureth
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Posted - 2008.12.28 03:35:00 -
[19]
Money received from DJ Geist
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Endureth
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Posted - 2008.12.28 12:42:00 -
[20]
I will be away for 2 days because of an emergency. No internet access.
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Endureth
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Posted - 2008.12.29 23:46:00 -
[21]
Back from my leave, sorry about that.
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Endureth
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Posted - 2008.12.30 02:38:00 -
[22]
Few people have not responded to my contact in a few days, and have not sent money yet. So not quite sure if they interested still.
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