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Tutskii
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Posted - 2011.02.10 17:58:00 -
[1]
Edited by: Tutskii on 10/02/2011 18:25:23 Dear MD:
I have engaged in the trading of goods in a station (namely Jita 4-4 CNAP) and made quite a bit of isk. At the moment, I hold about 5 billion isk in merchandise and escrow. I make about 150 to 300 millions a day (depending on my activity, classes, etc) and am currently looking for more liquidity to expand my operation.
Here are screenshots from Eve profit (excellent website) backing my claims:
The terms:
I am looking for 2 billion total in 100 million blocks. Each block will be returned at the end of a 30 day period starting when I receive the isk. This will be done in two parts, one where the investors reserve any number of blocks they are interested in, and a second one (when the blocks are sold out) where the investors have one day to send the isk. The starting and ending date of the bond will be announced in this thread, its topic, and Evemails to the investors.
The risks:
The only risk here is that I scam, or die. If I die, you are SOL, however I have yet to do so, and don't foresee doing it in the immediate future with my only health risk being playing this too much. I don't intend to scam anyone, and although thats what a scammer would say, I mean it.
Beyond that, your money is in a public corp, I am not leaving 4-4 CNAP, and I have a good record of making isk doing what I do. If at any time I made a catastrophic mistake and was down at least one billion, I would liquidate assets and repay investors immediately.
FAQ
Where is the rest of your money?
A:It has gone towards plex and timecodes as well as a couple ships and cosmos mission materials.
Do you have collateral?
A:I do not, nor plans to get it, I believe the interest rate should reflect the risk in the investment. I have no BPO's or speculative goods.
How about an audit?
A:Do they still do those? I have provided the info for my trading (short anything that may give away my orders etc) so that should prove my past performance, which I believe is what auditors do. So hopefully that will do.
Can I get in touch with you?
A:Sure, I have been hanging out in scc-lounge, MACSI, and as of yesterday night, Signatures. Or, for a more private conversation, drop me a evemail (will always reply) or convo (depends on if I am at the computer)
Is this a good idea? I am uneasy, etc
A:Probably not if you feel that way, you should only invest what you can afford to lose, etc.
I have a good feeling about you and would like to invest in your product or service
A:By all means, do so.
I have a question not covered by this
A:Don't hesitate to ask in the thread.
I would have liked you to use a NIESIN, you are not professional enough, I don't like you, etc
A:That's a shame, I realize this is my first bond and I may have missed some things, so by all means help me improve.
How would your public/private capital look when the bond is active?
A:About 5 billion of my own isk (grows by the day!) and exactly 2 billion investor money.
What if I want/need my money early?
A:Evemail me with 24 hour notice and I'll get it back to you with no penalty. If you do this, however, you forfeit your interest as a managerial fee.
YOU HAVE NO FACE!
A: The Zombies ate it. Also I havent found a look for my race that I like better than black atm. Bond is open and awaiting investors, don't send isk yet.
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Tutskii
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Posted - 2011.02.10 18:00:00 -
[2]
Investor list:
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Kalrand
GoonWaffe Goonswarm Federation
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Posted - 2011.02.10 18:17:00 -
[3]
Originally by: Tutskii
How about an audit?
A:Do they still do those? I have provided the info for my trading (short anything that may give away my orders etc) so that should prove my past performance, which I believe is what auditors do. So hopefully that will do.
Since people don't seem to be able to get "proper" audits recently, I've been offering to use the API do simple confirmations of specific claims.
I'll make the same offer to you.
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Tutskii
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Posted - 2011.02.10 18:23:00 -
[4]
I already gave my full API to Taram Caldar (he asked first).
Not sure if he is the most reputable person or not, but he runs the mailing list and seems cool enough so hopefully that should do.
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Trader Spite
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Posted - 2011.02.10 19:14:00 -
[5]
Subject to a good word from Taram, please put me down for 200 Million.
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Taram Caldar
Royal Black Watch Highlanders Warped Aggression
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Posted - 2011.02.10 20:22:00 -
[6]
Edited by: Taram Caldar on 10/02/2011 20:23:51 Tutskii asked that I post this since we conversed completely via evemail. As I mentioned a while ago I won't be very active, if at all, on MD going forward but will occasionally invest in items that catch my eye via other means. Frankly I find the spam and vitriol on the forums painful so I've decided to avoid them as much as possible from now on .
I got interested in this offering due to Tutskii using the Market Alerts Mailing List to announce it and mailed him asking for api info. Here's a clip from the mail thread where I finished looking over his info and decided to reserve on this.
==================
11% a month, open From: Tutskii Sent: 2011.02.10 20:19 To: Taram Caldar,
Thanks!
Would you mind posting that in the thread?
-------------------------------- Re: Re: Re: Murblybux bond 1, 2 billion at 11% a month, open From: Taram Caldar Sent: 2011.02.10 20:16 To: Tutskii,
I asked for the api info to do some checking on my own since you used the Market Alerts mailing list to announce it and the offer caught my interest. In no way do I pretend to be an auditor of any sort.
After a brief look at your financials you do appear to know what you're doing to me so I'm willing to reserve 1.5 bil of this offer.
Please don't count this as any sort of endorsement nor an audit. All I did was verify you have the skills you claim, have obvious market history going on and have current assets on hand in excess of what you're asking for in this loan. --------------------
Please take note of that last line. I'm not endorsing this in any way. Just that after my own research I felt it was worth the risk/reward ratio to me. If you are uncertain get his api yourself and do your own research, or press for a full audit.
Market Alerts Mailing List
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RAW23
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Posted - 2011.02.10 20:42:00 -
[7]
Originally by: Tutskii I already gave my full API to Taram Caldar (he asked first).
Not sure if he is the most reputable person or not, but he runs the mailing list and seems cool enough so hopefully that should do.
Taram has a long history on MD as an investor and as someone who has been involved in various investment support services, such as the mailing list and the audit fund. Definitely someone I would be willing to trust my api to.
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Tutskii
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Posted - 2011.02.10 21:06:00 -
[8]
The bond is full and you may send your money anytime.
Investors are:
Trader Spite
Taram Caldar
Anonymous.
Anonymous has an actual name but he asked not to be mentioned in the forum, so I will honor that request. I have received his ISK and he does not seem to be a scammer so I think it should be okay. I will disclose the conversation with him to other investors if they request it.
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Trader Spite
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Posted - 2011.02.10 21:40:00 -
[9]
Money sent.
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Block Ukx
Forge Laboratories
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Posted - 2011.02.10 21:48:00 -
[10]
Originally by: Taram Caldar ... so I'm willing to reserve 1.5 bil of this offer.
... I'm not endorsing this in any way.
Yes you are.
BSAC Stock Exchange - EVE's only real-time stock exchange |
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RAW23
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Posted - 2011.02.10 21:55:00 -
[11]
Originally by: Block Ukx
Originally by: Taram Caldar ... so I'm willing to reserve 1.5 bil of this offer.
... I'm not endorsing this in any way.
Yes you are.
Selective quoting ftw! Add in the context and you get a completely different meaning:
Quote:
I'm not endorsing this in any way. Just that after my own research I felt it was worth the risk/reward ratio to me.
A description of a personal estimate of risk is not an endorsement. Or are you suggesting that any investor is endorsing everything they invest in?
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Tutskii
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Posted - 2011.02.10 21:55:00 -
[12]
I have received all Isk from all investors. Today is February 10, 2011 so that means that 30 days from today would be March 12, 2011.
At that time your full investment plus interest will be returned.
Thank you for your trust and prompt delivery of funds. I will update the thread if anything of note happens, and I am reachable via the previously mentioned channels, and Evemail if you should need something.
With this, Murblybux bond one officially begins.
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LiquidatorBrunt
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Posted - 2011.02.10 21:57:00 -
[13]
lol that one is funny, you make at least 150 million a day and you want to borrow 2 million!!!! haha
so here's the question, why not just wait a a maximum of 13 days!
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Berikath
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Posted - 2011.02.10 22:02:00 -
[14]
Damn.
I really went about this wrong when I needed ISK.
I should have just made a throwaway alt and scammed a seed fund. I would have gotten more in less time without worrying about interest.
Damn my silly, outdated sense of right and wrong.
*** [ SIG] ***
Wish list for PI:
*One-click input routing *Copy product, inputs & outputs in factories *Launchpad upgrades: twice the space, twice the cost, half the hassle! [ /sig ] |
Tutskii
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Posted - 2011.02.10 22:03:00 -
[15]
Originally by: LiquidatorBrunt lol that one is funny, you make at least 150 million a day and you want to borrow 2 million!!!! haha
so here's the question, why not just wait a a maximum of 13 days!
Easy, right now my bottleneck is that I run out of liquid cash about once a day, I figure that if I had more liquid isk, this would not happen.
Removing this bottleneck sooner rather than later would increase the money a day I make, thus being worth sharing my profits with others in exchange for that boost.
Also when I run out of cash my orders are sometimes wiped which also costs me money.
Thats the main reason for this bond. Also I am moving to some more expensive, higher margin items.
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Cheque Please
Hot Like Mexico
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Posted - 2011.02.11 00:08:00 -
[16]
Originally by: Tutskii
Thats the main reason for this bond. Also I am moving to some more expensive, higher margin items.
Sounds good.
If you need any additional funds in the next few days to capitalize on this new market, I would down for a 5 bil expansion. --- RL Meeting w/ Chribba
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Taram Caldar
Royal Black Watch Highlanders Warped Aggression
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Posted - 2011.02.11 05:55:00 -
[17]
Originally by: Cheque Please
If you need any additional funds in the next few days to capitalize on this new market, I would down for a 5 bil expansion.
I would pull my isk if that were to happen. One of the risk factors considered in my investment was the fact that he holds more isk than he's borrowing. Increasing by 5bil would void that fact and make the risk/reward untenable for me.
Personally I am against anyone 'expanding' a loan/bond without first completing the initial bond as it's unfair to initial investors because it radically changes all the variables that made them decide to invest in the first place.
Market Alerts Mailing List
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Kalrand
GoonWaffe Goonswarm Federation
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Posted - 2011.02.11 06:08:00 -
[18]
Originally by: Taram Caldar Personally I am against anyone 'expanding' a loan/bond without first completing the initial bond as it's unfair to initial investors because it radically changes all the variables that made them decide to invest in the first place.
I've never actually offered a bond with an expiration date, when I look to an expansion, the first thing I do is ask who wants to have their investment redeemed. I've found that keeps everyone happy. It's something more of these offerings should do.
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Tutskii
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Posted - 2011.02.11 06:41:00 -
[19]
I think Cheque was alluding to the recent Lethal scam, since it went down today. And maybe calling me a scammer, who knows.
At any rate, I don't really need any more funds at this time, and the reason that I set an expiration date is that at the rate I make money (I made 1.5 billion in the last week), I shouldn't need this money by then, or before then.
If at some point I decided to expand I would offer first dibs to my current investors and pay them out their investment with full interest if they werent interested in participating, thus completing this bond and starting a new one at that point. So I guess that wouldn't be an expansion so much as a buyout with a rollover option. But at any rate that is not something that I am interested in, or contemplating at this time.
And removing the liquidity bottleneck I had seems to have worked as I think I would, with 400 million profit made in the last 24 hours.
TLDR: By the time this bond ends I plan to be space rich.
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Tutskii
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Posted - 2011.02.28 21:02:00 -
[20]
Edited by: Tutskii on 28/02/2011 21:04:26 Murblybux bond months end update:
Dear investors and whoever else may be interested:
The end of the month is coming and I figured I would give an update on it, both to keep investors up to date and to show I'm still around, give the forum some activity, and whatnot.
According to Eveprofit, (some of its numbers are wrong, I am looking into other apps to track my profit), February was my most profitable month yet; almost doubling my monthly profit when compared to January's and greatly increasing my networth from what it was at the time this bond went public.
Although this was not solely due to the increased liquidity arising from this bond, and there were other contributing factors such as time availability on my part, increasing the number of markets I participate in, and tightening and revising the products I "buy low and sell high"; there is no doubt that that increased liquidity did a lot for it. Especially in those lucky times when inventory kept pouring in and my liquid was almost depleted.
So I would like to thank my investors for their trust in my first bond (even if Taram doesn't read this place). It is appreciated and it came in handy.
I may launch a bond at the conclusion of this one, and if I do, previous investors would have preference (as a reward for your continued support and to encourage it). Right now the bond is stated to end on the 12th, and I have no interest in finishing it early or expanding as due to midterm papers and other obligations it is unclear how much use I could get out of extra money at this time.
I would also like to announce that I gave my full Api to Breaker to conduct a performance audit on me, and mentioned to Raw that I would like to use his fund to pay for it, to what he seemed agreeable (I think, Breaker never did tell me what he charges if he indeed does).
Either way, that concludes my monthly report. See you on the 12th when your ISK and interest go back into your respective accounts.
-Tutskii
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Trader Spite
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Posted - 2011.03.02 18:31:00 -
[21]
Thanks for the update, it's appreciated.
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Lady Roselia
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Posted - 2011.03.03 09:53:00 -
[22]
Will you likely be selling another bond soon?
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Tutskii
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Posted - 2011.03.03 10:02:00 -
[23]
Will probably launch another one upon completion. Terms would be 11% interest, and I'd go for 5 billion isk total, my NAV is about 15 billion now, not including the 2 billion and the interest for investors due the 12.
Biggest factor is how my school/work looks in 10 days.
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Tutskii
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Posted - 2011.03.08 19:40:00 -
[24]
Edited by: Tutskii on 08/03/2011 19:44:59 Bond complete, investors have been paid fully including interest 6 days ahead of schedule as I am not sure ill be around on the 12th.
Thank you for investing in murblybux.
The next bond (to be started at some point) has requested an audit by Breaker, and will be for 6 billion isk (not 5 as mentioned in my last post). RAW has tentatively claimed 1.5 bill of that, my current investors have first dibs to the rest, and then the general public on a first come first served basis, feel free to indicate interest or post reservations.
I will make a thread for the purpose of the next bond at some point, but for now this will suffice.
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Taram Caldar
Royal Black Watch Highlanders Warped Aggression
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Posted - 2011.03.08 19:46:00 -
[25]
Edited by: Taram Caldar on 08/03/2011 19:46:28 Confirmed, Isk has been recieved. Thank you.
Please reserve 2 billion for me pending my review of results of the audit.
Market Alerts Mailing List
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Tom Hagen
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Posted - 2011.03.08 20:49:00 -
[26]
I was Anonymous for 300mil
But on request from mr. Tutskii I just want to confirm that ISK is recived + 11%
I reserve 1 billion on the next bond depending on if Taram Caldar feel its a good idea to part with his ISK. I have heard he is endorsing this |
Trader Spite
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Posted - 2011.03.08 22:25:00 -
[27]
Confirming initial investment plus interest received. Thank you Tutskii.
Please put me down for 400 million in your next bond
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Misty McGinnity
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Posted - 2011.03.08 22:39:00 -
[28]
posting to confirm that one dark & grey night, tutskii actually undocked from jita 4-4 & engaged in combat against my well armed executioner. (civilian gatling pulse lasers really pack a punch).
I made short work of his ibis, but he came back in a well armed condor & popped my beloved ship
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Breaker77
Gallente Reclamation Industries
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Posted - 2011.03.08 23:49:00 -
[29]
Posting to confirm I am in the process of auditing Tutskii.
It will still be a few days before I have the results.
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