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Ugly Toys Holdings share auction (1500 shares)

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Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 14:26:00 - [1] This thread is for the auction of 1500 shares in Ugly Toys Holdings [UGLYH] which will be created in approximately 11 days after the next dividend is paid. Please see this thread for full details on Ugly Toys Holdings including our past dividend performance. For those who don't want to read too much, here is a brief summary: Ugly Toys Holdings is the share holding corp for Ugly Toys [UGLY.] and Bring Me Sunshine [BPCS]. Both corps work primarily in the research and development field, working with hi-sec POS networks providing research services to clients and corp members. We aim, and have always succeeded, in returning a dividend of at least 100,000 isk per share which currently represents a 10% return on investment. Our best month (last month) saw a 16.79% return. The rules of the auction are as follows: The shares will be auctioned in 3 blocks of 500 shares. The starting bid will be 500m per block (1m per share). I will be entering the starting bid on all three blocks myself. Bid increments will be in multiples of 10m isk (510m, 520m etc). All bids are subject to my acceptance and I reserve the right to reject bids that are edited, unclear or in any way displease me. Share creation is subject to a shareholder vote that will end in 2 days. If the vote fails then the auction will be terminated and no bids will be held as binding. The auction will run for 7 days, until 15:00 GMT on Monday 16th February. This will allow everyone to get a chance to bid on these shares and prevent the usual early birds from taking all the shares. There is plenty of time for you to do your research and consider your bids. Your bid should take the form of: XXXm bid on block Y. For example 510m bid on block 1.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 14:26:00 - [2] Edited by: Bad Bobby on 09/02/2009 14:39:40 Auction open! Block 1: 510m bid by Kazzac Elentria Block 2: 510m bid by SentryRaven Block 3: 500m bid by Bad Bobby
Kazzac Elentria	Posted - 2009.02.09 14:31:00 - [3] Block 1 510
SentryRaven KIA Corp	Posted - 2009.02.09 14:36:00 - [4] Block 2 510
Mephistocles Red Frog Investments Blue Sky Consortium	Posted - 2009.02.09 15:16:00 - [5] Block 3 510m
Waseem The Graduates Morsus Mihi	Posted - 2009.02.09 15:56:00 - [6] Block 1 - 520m Block 2 - 520m Block 3 - 520m
Kazzac Elentria	Posted - 2009.02.09 16:18:00 - [7] Edited by: Kazzac Elentria on 09/02/2009 16:17:48 Block 1 530 update cause I can't type worth a damn
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 16:21:00 - [8] Originally by: Kazzac Elentria Block 1 530 Quoting to fix the edit. This bid will be accepted.
Waseem The Graduates Morsus Mihi	Posted - 2009.02.09 16:24:00 - [9] Block 1 - 540m
Kazzac Elentria	Posted - 2009.02.09 16:38:00 - [10] Block 2 530 Block 3 530
Waseem The Graduates Morsus Mihi	Posted - 2009.02.09 16:44:00 - [11] Block 2 - 540m Block 3 - 540m
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 17:00:00 - [12] Guys, guys... I will accept bids higher than 10m over the last bid provided it is in a multiple of 10m, so you don't have to play 0.01 isk wars if you don't want to... however entertaining this may be for me. That said, I don't expect the big increments to start comming out until later on in the process, I consider these early bids to be little more than foreplay. Kazzac and Waseem, you may continue!
Azrel	Posted - 2009.02.09 17:07:00 - [13] Block 1 - 550m
Waseem The Graduates Morsus Mihi	Posted - 2009.02.09 17:09:00 - [14] Block 1 - 600m Block 2 - 600m Block 3 - 600m Sorry Kazzac I am not into three ways.
Kazzac Elentria	Posted - 2009.02.09 17:17:00 - [15] Originally by: Waseem Block 1 - 600m Block 2 - 600m Block 3 - 600m Sorry Kazzac I am not into three ways. I and my wife however most definitely am block 1 - 620m block 2 - 620m
Waseem The Graduates Morsus Mihi	Posted - 2009.02.09 17:20:00 - [16] Edited by: Waseem on 09/02/2009 17:19:41 Block 1 - 630m Block 2 - 630m
Kazzac Elentria	Posted - 2009.02.09 17:21:00 - [17] I think we're all gonna need a cigarette after this is done. I'll let some of the other bidders get in since Im sure this is going higher than 630
Waseem The Graduates Morsus Mihi	Posted - 2009.02.09 17:23:00 - [18] Edited by: Waseem on 09/02/2009 17:25:12 I agree. I am going to put the toys away and just ready the sniper scope. No sniper rule for the win. PS. Please stop selling caps to non NC members. Pretty please?
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 17:56:00 - [19] Originally by: Waseem Block 1 - 630m Block 2 - 630m Bids accepted.
Namco Balls of Steel	Posted - 2009.02.09 18:40:00 - [20] Edited by: Namco on 09/02/2009 18:45:36 Not bidding, but good stuff. Though, I am wondering if this is too soon following the just-finished expansion, which has yet to pay a dividend? EDIT: And yes, I've read the other thread, and realise that if you have the opportunity that it may be difficult to pass by, but it still feels too soon for me personally.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.09 18:56:00 - [21] Originally by: Namco it still feels too soon for me personally. Namco, I understand your viewpoint. I also encourage you to express that by using the 1000 votes you are entitled to due to your share ownership. As I have always said, my shareholders have control over how quickly or by how much I expand.
Azrel	Posted - 2009.02.09 19:10:00 - [22] Block 3 - 630m
Namco Balls of Steel	Posted - 2009.02.09 23:51:00 - [23] Originally by: Bad Bobby Originally by: Namco it still feels too soon for me personally. Namco, I understand your viewpoint. I also encourage you to express that by using the 1000 votes you are entitled to due to your share ownership. As I have always said, my shareholders have control over how quickly or by how much I expand. I may do that, unfortunately, though I'm doubtful others feel the same way. Your performance has been excellent thus far, and I certainly wouldn't have invested a 2nd time had I thought otherwise. I'm left wondering, though, what impact will this have on % profit for existing shareholders?
Rekatan Caldari Radioactive Battle Bunnies	Posted - 2009.02.10 00:11:00 - [24] Block 1 - 700M
Enihcam Xes	Posted - 2009.02.10 03:18:00 - [25] I'm fully in favor of letting Bobby do whatever he thinks best. This is a solid business so far and I see no reason to doubt his judgment. That said, I would like to know how it works out. If the new towers sit idle could you shoot me an eve-mail?
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.10 06:48:00 - [26] Thanks, to my existing shareholders, for their comments. Originally by: Namco what impact will this have on % profit for existing shareholders? For existing shareholders, I would expect the injection of additional isk from investors that are (due to the price they are paying) accepting a lower % ROI will result in improved returns. We are also establishing a higher market price for these shares, so if you choose to sell up at any point you should do well from them. Originally by: Enihcam Xes If the new towers sit idle could you shoot me an eve-mail? I will be keeping all shareholders up to date on how well things are going through the IPO thread as normal. Given the queue of work I have to put through our towers and the likelyhood of the new expansion bringing more to the R&D field, I very much doubt any of our towers will be sitting idle in the comming months.
Amy Nirvana Minmatar	Posted - 2009.02.10 06:49:00 - [27] 710 on block 1 710 on block 2 710 on block 3 ...or whichever is still available.
Rekatan Caldari Radioactive Battle Bunnies	Posted - 2009.02.10 07:11:00 - [28] 750m - Block 1
Sarah Dent	Posted - 2009.02.10 15:52:00 - [29] Edited by: Sarah Dent on 10/02/2009 15:52:44 Sorry, cranky today. Ignore me.
Grico	Posted - 2009.02.11 00:52:00 - [30] 750 mil block 2
Miru Redglade	Posted - 2009.02.11 11:52:00 - [31] Block 3 - 720m
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.11 17:15:00 - [32] Originally by: Bad Bobby Share creation is subject to a shareholder vote that will end in 2 days. If the vote fails then the auction will be terminated and no bids will be held as binding. The shareholder vote has completed and the creation of the additional shares has been approved.
Rekatan Caldari Radioactive Battle Bunnies	Posted - 2009.02.11 17:43:00 - [33] Originally by: Bad Bobby Originally by: Bad Bobby Share creation is subject to a shareholder vote that will end in 2 days. If the vote fails then the auction will be terminated and no bids will be held as binding. The shareholder vote has completed and the creation of the additional shares has been approved. Great to hear, anxious to get in board.
Traxata Caldari Haven NetWorks	Posted - 2009.02.11 23:56:00 - [34] 750M bid on Block 3
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.13 06:07:00 - [35] A little over three days left to go (auction ends 15:00 GMT on Monday 16th February). Happy bidding!
Rekatan Caldari Radioactive Battle Bunnies	Posted - 2009.02.13 07:37:00 - [36] Can there be some sort of anti-snipe? Maybe a 5 minute extension until bidding stops, if someone bids in the last minute. It got awful quiet to have finished up already, I'd hate to lose my spot to someone's bid at 14:59
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.13 07:49:00 - [37] Originally by: Rekatan Can there be some sort of anti-snipe? Maybe a 5 minute extension until bidding stops, if someone bids in the last minute. I have no objection to adding an anti-sniper rule. Isn't 5 minutes a little short though?
Rekatan Caldari Radioactive Battle Bunnies	Posted - 2009.02.13 08:21:00 - [38] Edited by: Rekatan on 13/02/2009 08:22:06 Originally by: Bad Bobby Originally by: Rekatan Can there be some sort of anti-snipe? Maybe a 5 minute extension until bidding stops, if someone bids in the last minute. I have no objection to adding an anti-sniper rule. Isn't 5 minutes a little short though? That's entirely up to you, 5 minutes is just what I've usually seen used, and used myself. It's just long enough to ensure that anyone watching can respond to any sort of last minute cheese. In the end it's really up to what you feel would be most profitable for you, and fair for us.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.13 09:30:00 - [39] Ok, I've added the 5 minute sniper rule. Happy bidding!
Desere The Collective	Posted - 2009.02.13 11:05:00 - [40] block 1 800mil
Foolish Bob Caldari The Dirty Rotten Scoundrels	Posted - 2009.02.13 20:49:00 - [41] as an active tennant of this successful corp I endorse this message. Seriously guys, this corp makes money. It's worthy of consideration.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.14 07:05:00 - [42] Originally by: Foolish Bob as an active tennant of this successful corp I endorse this message. Seriously guys, this corp makes money. It's worthy of consideration. Thanks for the kind words Bob, it is always good to get positive feedback from a satisfied customer. Now get your alts back into those labs and pay me some more slot fees!
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.14 21:30:00 - [43] It might be of interest to potential bidders that UGLYH has banked enough profits already this month to deliver a 12% dividend. We pay dividends on the 21st of each month, so we have 7 days left to earn further profits.
Caber Ginaz	Posted - 2009.02.15 02:51:00 - [44] 780 Block 2 780 Block 3
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.15 08:49:00 - [45] A little over a day to go now (auction ends 15:00 GMT on Monday 16th February). Happy bidding!
Saltire Sekura-Corporation	Posted - 2009.02.15 16:13:00 - [46] block 2 790
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.15 19:05:00 - [47] Originally by: Saltire Edited by: Saltire on 15/02/2009 18:38:59 block 2 & 3 790 updated Bids accepted.
Saltire Sekura-Corporation	Posted - 2009.02.15 21:20:00 - [48] block 3 - 810
Grico3 Caldari	Posted - 2009.02.16 01:40:00 - [49] i wont be able to be online tomorrow to make my bet, can i make a bet 10 mil more than the lowest bet with limit of 1.5 bil
Caber Atreides	Posted - 2009.02.16 02:01:00 - [50] Block 1 - 810
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.16 06:38:00 - [51] Originally by: Grico3 i wont be able to be online tomorrow to make my bet, can i make a bet 10 mil more than the lowest bet with limit of 1.5 bil I'm sorry, but as much as I would like to take your bid I feel it would be unfair on the other bidders to do so. All I can recommend is that you ask a friend that is online to place the bids for you.
Saltire Sekura-Corporation	Posted - 2009.02.16 11:21:00 - [52] bids retracted, my appologies for time wasting
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.16 15:09:00 - [53] Auction closed! Final bids were: Block 1: 810m bid by Caber Atreides Block 2: 780m bid by Caber Ginaz Block 3: 780m bid by Caber Ginaz
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.16 15:19:00 - [54] The winning bidders should send their isk to this character. The shares will be created and distributed on the 21st February (5 days from now) once this month's dividend has been sent out.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.18 13:51:00 - [55] Eve-mail reminders have been sent to the winning bidders. Payments are expected before the 21st February. I will confirm here once all payments have been made and shares have been distributed and then we can put this thread to rest and go back to using the main one.
Caber Atreides	Posted - 2009.02.18 14:08:00 - [56] As per discussion with Bad Bobby, it is readily apparent, and it was to him as well, that it was not my intention to somehow end up with all three blocks However, discussing with private partner the possibility of going ahead and taking all three. I have been given right to first refusal on any or all of the blocks. I should be set by tomorrow, where I will tell Bad Bobby what I am taking. He is in full agreement with this, and our discussion was quite good. He seemed to have anticipated these issues with the way the auction ended.
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.18 16:10:00 - [57] Caber, thanks for posting and thanks for understanding my need for this to be dealt with publicly for transparency and fairness. Everyone else, Caber has first refusal on all three blocks as he has stated. Should he refuse any of those blocks I will work back through the list of bids until: 1) I find a bidder prepared to go ahead and buy the shares at the price they bid 2) We reach the 21st February deadline If we reach the 21st February deadline without securing a buyer for the shares then I will buy them myself at the 500m per block starting bid (a bargain yes, but given there are few perks to having this job I have to take advantage of them when I can ). Any of our bidders that wish to register there intention to buy the shares at their bid price are welcome to post to that effect here so that we can speed up the process if it comes to that. This all has to be resolved BEFORE the 21st February to keep the business running smoothly and prevent our new investment from having excessive detrimental effects on our existing investors' dividends. My loyalty is always to my existing investors first and to potential investors second, as it should be.
Desere The Collective	Posted - 2009.02.20 15:11:00 - [58] ok i am still intressted for 1 block for 800mil regards Desere
Bad Bobby Ugly Toys Zzz	Posted - 2009.02.20 15:16:00 - [59] Caber has taken blocks 2 & 3 for 780m each and Desere has taken block 1 for 800m. All isk has been received and I will be actioning the share creatation and sending out the shares tommorrow after I have done this months dividend. That brings this auction to a close.

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