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Signore Kaeota
Caldari Caelum Incognitum
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Posted - 2009.10.17 23:44:00 -
[31]
Okay, that's brought me back to one question: Can you afford to operate without your freighter? From your business plan, it looks like you'll be doing a substantial amount of hauling, how do you intend to operate without a freighter? -_-_-_-
I, Signore Kaeota, hereby apologise for any and all offence caused by the contents of this above post, and all others that I have written, or otherwise been responsible for.
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Nova Wayout
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Posted - 2009.10.17 23:52:00 -
[32]
Originally by: Signore Kaeota Okay, that's brought me back to one question: Can you afford to operate without your freighter? From your business plan, it looks like you'll be doing a substantial amount of hauling, how do you intend to operate without a freighter?
i don't need the freighter to operate, i can fly transport ships and they will be good enough, i've been trading without a freighter for a while before i could afford one.
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cosmoray
Bella Vista Holdings Corp
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Posted - 2009.10.18 00:30:00 -
[33]
Another Cosmo Insurance Plan
1. You launch the bond for max of 1.5B (any amount upto 1.5B is your choice) 2. I hold the freighter as collateral 3. Interest rate will be 6% per month 4. I insure the full value of the bond (guaranteeing ALL investments) 5. I have full list of all investors with amounts 6. Any bonds sold I have to be notified for records 7. Nova Wayout pays me 40% of the net profits above the 6% per month 8. Nova provides me with limited-API so I can check the characters and keep record of them.
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RAW23
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Posted - 2009.10.18 01:18:00 -
[34]
Originally by: cosmoray Another Cosmo Insurance Plan
1. You launch the bond for max of 1.5B (any amount upto 1.5B is your choice) 2. I hold the freighter as collateral 3. Interest rate will be 6% per month 4. I insure the full value of the bond (guaranteeing ALL investments) 5. I have full list of all investors with amounts 6. Any bonds sold I have to be notified for records 7. Nova Wayout pays me 40% of the net profits above the 6% per month 8. Nova provides me with limited-API so I can check the characters and keep record of them.
40%(!!) of the OP's own profit seems rather alot in exchange for saving 65mil/month in interest payments by bringing the interest rate down to 6% (on a loan with 50% collateral). Just sayin is all ...
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cosmoray
Bella Vista Holdings Corp
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Posted - 2009.10.18 02:13:00 -
[35]
Edited by: cosmoray on 18/10/2009 02:14:53
Originally by: RAW23
Originally by: cosmoray Another Cosmo Insurance Plan
1. You launch the bond for max of 1.5B (any amount upto 1.5B is your choice) 2. I hold the freighter as collateral 3. Interest rate will be 6% per month 4. I insure the full value of the bond (guaranteeing ALL investments) 5. I have full list of all investors with amounts 6. Any bonds sold I have to be notified for records 7. Nova Wayout pays me 40% of the net profits above the 6% per month 8. Nova provides me with limited-API so I can check the characters and keep record of them.
40%(!!) of the OP's own profit seems rather alot in exchange for saving 65mil/month in interest payments by bringing the interest rate down to 6% (on a loan with 50% collateral). Just sayin is all ...
It's a business offer, and ITS MY TERMS. I am not providing 100% guarantee's on bonds for ****s and giggles! If the OP can do better and fill the bond, good luck.
If you can offer better insurance terms and people trust you with a guarantee, good luck also.
If I have a chance touse my rep to make money so be it. I also carry all the risk, not the investor (unless investors think I will SCAM for 1.5B ISK).
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Krathos Morpheus
Gallente Legion Infernal
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Posted - 2009.10.18 02:40:00 -
[36]
Originally by: RAW23
Originally by: cosmoray Another Cosmo Insurance Plan
1. You launch the bond for max of 1.5B (any amount upto 1.5B is your choice) 2. I hold the freighter as collateral 3. Interest rate will be 6% per month 4. I insure the full value of the bond (guaranteeing ALL investments) 5. I have full list of all investors with amounts 6. Any bonds sold I have to be notified for records 7. Nova Wayout pays me 40% of the net profits above the 6% per month 8. Nova provides me with limited-API so I can check the characters and keep record of them.
40%(!!) of the OP's own profit seems rather alot in exchange for saving 65mil/month in interest payments by bringing the interest rate down to 6% (on a loan with 50% collateral). Just sayin is all ...
It really depends on how much profits will he make. If he makes less than 18.5% on the 1.3B, he makes more money with this offer, and that without counting with the 700M. All profit made with those millions is for him alone.
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RAW23
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Posted - 2009.10.18 02:53:00 -
[37]
Originally by: cosmoray
It's a business offer, and ITS MY TERMS. I am not providing 100% guarantee's on bonds for ****s and giggles! If the OP can do better and fill the bond, good luck.
There's no need to shout. I just think that this deal is not a great one for the OP although it is a good one for you (and on which I congratulate you). Obviously it's on your terms as you made the offer but you made it in a public forum so I'm just giving my opinion. If the OP makes 10% a week on this investment (and if he doesn't he shouldn't be trading) he ends up paying a lot more than he would for the original offer. This isn't necessarily a bad thing if he is grinding rep, especially as you will be able to give informed comments in the future about his trading arrangements, should you so choose.
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Xetal Maelstrom
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Posted - 2009.10.18 03:22:00 -
[38]
My guess would be that profit is not the #1 priority of this bond, that establishing credibility is.
Because of that, losing 40% of your profits on a 1 month bond in order to have it backed by someone like cosmoray isn't a bad deal. The thread is up (and very quickly filled). I think a big part of this is that it is 100% secured by someone with a big name.
Honestly I think you could have gotten away with 5% interest rate with such a secured plan, and in the future you'll have one more notch of credibility.
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