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[Investment] Flexible Line Of Credit - Taking Reservations

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Grendell Technologies Unlimited	Posted - 2010.07.18 17:32:00 - [1] Hello fellow MD readers, On behalf of an anonymous party I will be gathering funding for a flexible line of credit. Given the fact it will be a line of credit there won't be a fixed duration. The total amount of the line of credit will also be flexible on a monthly basis. > Once a month, starting from the date that the initial amount of credit is filled, this line of credit is either maintained, shrunk, or increased. > In the event of a shrink, the larger investors will have priority over the smaller investors when I chose who gets cashed out. There will be a 2 day period in the event of a shrink where I will ask for volunteer cashouts. If nobody volunteers I will chose who gets cashed out. > In the event of a increase in size, I will advertise it in this thread. Current investors will have priority over new investors. > In the event of no change, nothing changes. The anonymous party will be transfering collateral over to me to cover to full amount of the line of credit. Collateral will be in the form of T2 BPO's, and if the line of credit requires it, a few titan BPO's. Each BPO has been under-valued 20% below market value as I'm extra cautious with this volume of ISK and I don't like the standard 10% safety net. The total line of credit will be 225b isk. Mind you a large portion of that I've already privately filled. (125b to be exact) The terms: 10b isk minimum investment 5b investment increments 3% monthly interest No set duration A cashout requests requires a 1 month notice Current Investors: Anonymous I - 25b Aishwarya Rai - 100b Investing: > Reserve an amount 10b+ with increments of 5b. > Post your reservation here > Eve-mail your reservation for anonymity Grendell ♥
Aishwarya Rai Ta'aqiru Technologies	Posted - 2010.07.18 18:24:00 - [2] I hereby confirm I have already invested 100b isk in this venture (the isk has already been wired to Grendell). Seeing I've received 22b back from Tornsoul I would like to raise my investment to 125b (I will ask Grendell to confirm).
Grendell Technologies Unlimited	Posted - 2010.07.18 18:36:00 - [3] That's fine Aishwarya, I've updated the post to reflect your additional 25b. Grendell ♥
Barbicane TGUN Industries	Posted - 2010.07.18 19:21:00 - [4] Nice. Is this the new BMBE? You're not quite up to par with Tornsoul in my book, but not too far behind, and certainly way ahead of most of the competition. I need my isk for BPO purchases (at an roi way less than 3% per month tbh) but otherwise I would invest for sure.
cosmoray Bella Vista Holdings Corp	Posted - 2010.07.18 19:27:00 - [5] 1. What is the total collateral you are now holding? Please include cases where you have lock/unlock ability as in One Stop Mining, and could theoretically run off with assets. 2. Do you have any personal/corp loans or bonds?
Grendell Technologies Unlimited	Posted - 2010.07.18 20:01:00 - [6] Edited by: Grendell on 18/07/2010 20:05:12 Originally by: Barbicane Nice. Is this the new BMBE? You're not quite up to par with Tornsoul in my book, but not too far behind, and certainly way ahead of most of the competition. I need my isk for BPO purchases (at an roi way less than 3% per month tbh) but otherwise I would invest for sure. Thanks for the compliments Barbicane. Originally by: cosmoray 1. What is the total collateral you are now holding? As stated in the first post, collateral for this line of credit will be in the forum of T2 BPO's and if the line of credit requires it additional Titan BPO's. If you were looking for which BPO's exactly, that I won't divulge without consulting my client. As it could give clues to who the client is. So if you like I could consult my client, if you ask because you are a potential investor. Originally by: cosmoray Please include cases where you have lock/unlock ability as in One Stop Mining, and could theoretically run off with assets. Here is a list of about 2.8 Trillion isk worth here. Originally by: cosmoray 2. Do you have any personal/corp loans or bonds? No, but I have in the past. I've had personal loans and or lines of credit with EBANK, BMBE, and a few private parties. To get the exact amounts, I'd have to ask as it's been a while since I've used them. Hope that answers all your questions. EDIT: Removed one link for lack of relevance. Grendell ♥
Grendell Technologies Unlimited	Posted - 2010.07.19 03:37:00 - [7] Yet another anonymous investor, this investor will be investing for 10b. So that leaves us with 65b. Grendell ♥
Dalden V Blue Lounge Industries	Posted - 2010.07.19 07:35:00 - [8] Hi Grendell, If the fund is filling up too slowly and you decide to lower the minimum investment to 5b, or if there is an odd 5b left at the end, then I'd like to invest 5b.
Martosh Toma Gallente Fraction Investment	Posted - 2010.07.19 08:17:00 - [9] I am intrested in participating, but i am not too happy with the "on behalve of an unnamed 3rd party" bit. There are some people that I currently do not wish to do any additional business with, not even indirectly. Aside from that I do not think it would be correct if any public(ly owned) corporation would pawn away substantial assets to get such a substantial loan without at least informing their investors (be it bond or share holders, depositors or any other kind) I understand any proclamation about the third party identity would weaken their annonimity, But could you confirm it is not on behalve of a public entity or one mostly managing public funds without their investor (whatever their type) permission?
Jackie Fisher Syrkos Technologies Joint Venture Conglomerate	Posted - 2010.07.19 08:29:00 - [10] Originally by: Martosh Toma I am intrested in participating, but i am not too happy with the "on behalve of an unnamed 3rd party" bit. There are some people that I currently do not wish to do any additional business with, not even indirectly. Aside from that I do not think it would be correct if any public(ly owned) corporation would pawn away substantial assets to get such a substantial loan without at least informing their investors (be it bond or share holders, depositors or any other kind) I understand any proclamation about the third party identity would weaken their annonimity, But could you confirm it is not on behalve of a public entity or one mostly managing public funds without their investor (whatever their type) permission? Summary: Is it Ebank?

Neighbourhood Spiderman Daily Bugle	Posted - 2010.07.19 08:51:00 - [11] Originally by: Martosh Toma I am intrested in participating, but i am not too happy with the "on behalve of an unnamed 3rd party" bit. There are some people that I currently do not wish to do any additional business with, not even indirectly. Aside from that I do not think it would be correct if any public(ly owned) corporation would pawn away substantial assets to get such a substantial loan without at least informing their investors (be it bond or share holders, depositors or any other kind) I understand any proclamation about the third party identity would weaken their annonimity, But could you confirm it is not on behalve of a public entity or one mostly managing public funds without their investor (whatever their type) permission? Greetings and Salutations There is but one thing I can say to you Martosh is this fact, that if you don't like it then you don't have to invest. grendell has told you the terms if you don't like them then thats is fine,but he shouldn't have to change said terms just because you don't want to deal with certain people or peoples. Sincerely Your Friendly Neighbourhood Spiderman
RAW23	Posted - 2010.07.19 09:46:00 - [12] Originally by: Grendell Here is a list of about 2.8 Trillion isk worth here. Are all those current? The link says 2.8 trillion "to date", which suggests that is the cumulative total but I think Cosmo was asking about your current total. Basically, if I read it right, the question was how much in total could you run off with if you chose to scam today?
Martosh Toma Gallente Fraction Investment	Posted - 2010.07.19 10:55:00 - [13] Edited by: Martosh Toma on 19/07/2010 10:55:47 Jackie Fisher, My initial concern was indeed: "Please let it not be ebank", but thinking about it further I thought it would be somewhat strange if any public(ly funded) operation would annonymusly seek further public funding trough a third party. Neighbourhood Spiderman, If Grendell cannot alleviate my concerns in this then I will indeed not invest. He is free to set conditions, I am free to ask (this forum is still about market discussions, iirc) and he is free to answer, or decline to do so.
Grendell Technologies Unlimited	Posted - 2010.07.19 12:08:00 - [14] Originally by: Dalden V Hi Grendell, If the fund is filling up too slowly and you decide to lower the minimum investment to 5b, or if there is an odd 5b left at the end, then I'd like to invest 5b. I will take that into consideration. The main reason for the set minimum, is that I would prefer to keep the total investors as low as possible as it would mean less work for me in the end. But I will take your offer into consideration if it does take too long to fill. Thank you for your interest. Originally by: Martosh Toma I am intrested in participating, but i am not too happy with the "on behalve of an unnamed 3rd party" bit. There are some people that I currently do not wish to do any additional business with, not even indirectly. Aside from that I do not think it would be correct if any public(ly owned) corporation would pawn away substantial assets to get such a substantial loan without at least informing their investors (be it bond or share holders, depositors or any other kind) I understand any proclamation about the third party identity would weaken their annonimity, But could you confirm it is not on behalve of a public entity or one mostly managing public funds without their investor (whatever their type) permission? Sadly I won't be able to start giving hints or clues about the client, as it would be unethical considering the terms were set to retain the clients anonymity. For me, keeping the clients anonymity is more important then filling the fund. If I started giving aways clues and hints, it would set a very poor image on my service and future clients that might want to remain anonymous. Not everyone will be comfortable with these terms, and I understand that. I'm sure I'll be back here in the future with another fund or offering of some sort, so perhaps next time. Originally by: RAW23 Originally by: Grendell Here is a list of about 2.8 Trillion isk worth here. Are all those current? The link says 2.8 trillion "to date", which suggests that is the cumulative total but I think Cosmo was asking about your current total. Basically, if I read it right, the question was how much in total could you run off with if you chose to scam today? Ah gotcha! That would make a lot more sense wouldn't it lol. In that case, I'm assuming he would mean how many assets I'm currently holding that I do not own? If that's the case, off the top of my head; => 40b worth of bpos => 2x Super carriers => 1x Alliance => 2x Corporations (Approximately 8b in corp assets) => 1x Small armor repairer II BPO (My next T2 lottery) => About 20b in lottery prizes I'm holding for clients lotteries Hmm that's about it I think, might be a few other minor things. The total would be...120b roughly. So by the end with the assumption that the fund fills completely, at the highest point it would be roughly: 120b Above listed items 225b of isk from investors 250b+ of collateral from the client (But this can go up depending on if the client needs to increase the line of credit) Total being at the highest possible point, since that's why you are asking: 595b roughly In comparison to another point in time I've had similar amounts on hand of other peoples assets and isk. During the IPO transfer of One Stop Mining Shop. I had roughly 515b worth of non personally owned assets and isk on hand. So roughly 80b more on hand then during that time. Sorry Cosmo I should have realized that's what you meant, sorry for the delayed response in that case. Grendell ♥
Alacta Lithia	Posted - 2010.07.19 12:44:00 - [15] Edited by: Alacta Lithia on 19/07/2010 12:44:38 I would also be interested if the min amount is 5bil.
Grendell Technologies Unlimited	Posted - 2010.07.19 13:01:00 - [16] Ok I've added a backup list, as there seems to be a lot of interest lower amounts. Grendell ♥
Martosh Toma Gallente Fraction Investment	Posted - 2010.07.19 15:02:00 - [17] Ok then I will not invest. I wonder though, You say keeping the clients annonymity is your primairy ethical concern. Perhaps not for this tread, but would you consider a public corporation annonymously seeking (additional) public loans to be ethical?
Grendell Technologies Unlimited	Posted - 2010.07.19 15:10:00 - [18] Originally by: Martosh Toma would you consider a public corporation annonymously seeking (additional) public loans to be ethical? To put it plainly, No I would not consider it ethical, without the investors being consulted. Grendell ♥
Grendell Technologies Unlimited	Posted - 2010.07.19 15:54:00 - [19] Another 10b invested by an anonymous investor. This will forever be known as the anonymous slumber party fund Grendell ♥
Trayjan	Posted - 2010.07.19 23:35:00 - [20] you can add 5B of mine to the backup list.

Grendell Technologies Unlimited	Posted - 2010.07.20 02:50:00 - [21] Originally by: Trayjan you can add 5B of mine to the backup list. Listed! Grendell ♥
Aishwarya Rai Ta'aqiru Technologies	Posted - 2010.07.20 13:25:00 - [22] I will add 40b to my investment leaving room for the following backup investors to fill the total requested line of credit. Dalden V - 5b Alacta Lithia - 5b Trayjan - 5b ISK will be wired tonight
Grendell Technologies Unlimited	Posted - 2010.07.20 13:59:00 - [23] Main reservations are full. I will now be taking reservations for the backup list. Grendell ♥
Breaker77 Gallente Reclamation Industries	Posted - 2010.07.20 14:09:00 - [24] Originally by: Grendell The total line of credit will be 225b isk. Current Investors: Anonymous I - 25b Anonymous II - 10b Anonymous III - 10b Aishwarya Rai - 165b Alacta Lithia - 5b Dalden V - 5b Trayjan - 5b Left: 55b Hey Grendell, want to add your reservations and amount left together again and see if it adds up to 225 billion
Grendell Technologies Unlimited	Posted - 2010.07.20 14:11:00 - [25] Originally by: Breaker77 Originally by: Grendell The total line of credit will be 225b isk. Current Investors: Anonymous I - 25b Anonymous II - 10b Anonymous III - 10b Aishwarya Rai - 165b Alacta Lithia - 5b Dalden V - 5b Trayjan - 5b Left: 55b Hey Grendell, want to add your reservations and amount left together again and see if it adds up to 225 billion Removed the 55b left part, forgot to edit that out Grendell ♥
Dalden V Blue Lounge Industries	Posted - 2010.07.20 16:06:00 - [26] Originally by: Grendell Main reservations are full. I will now be taking reservations for the backup list. Hi Grendell, I see we are now listed as investors, does that mean my 5b has been accepted and should I send you the ISK?
Grendell Technologies Unlimited	Posted - 2010.07.20 17:14:00 - [27] Originally by: Dalden V Originally by: Grendell Main reservations are full. I will now be taking reservations for the backup list. Hi Grendell, I see we are now listed as investors, does that mean my 5b has been accepted and should I send you the ISK? You are now investors yes, isk should remain in your wallet for the time being. Isk should be sent on the 25th. This will give me ample time to set everything up, for monthly intervals on the 1st of the month. I'll update my post to reflect this date. Grendell ♥
Alacta Lithia	Posted - 2010.07.24 10:57:00 - [28] Unfortunately I will no longer be able to invest in this, as an old investment opportunity has come up again. Therefore maybe there is another investor that would like in, or one of your other investors to increase their amount.
Grendell Technologies Unlimited	Posted - 2010.07.24 16:15:00 - [29] Originally by: Alacta Lithia Unfortunately I will no longer be able to invest in this, as an old investment opportunity has come up again. Therefore maybe there is another investor that would like in, or one of your other investors to increase their amount. No problem at all, post updated. Grendell ♥
Grendell Technologies Unlimited	Posted - 2010.07.25 06:58:00 - [30] Isk should be sent in today. I will mail reminders to you all in the morning. Interest starts on the 1st of the month. Grendell ♥



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