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LRN
Ewigkeit
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Posted - 2008.04.06 07:19:00 -
[1]
"I'm just posting to let people know" that pending the valuation by Ricdic of some T1 BPOs I own, I will be releasing a new bond shortly. "Just wanted to post this as I know such threads are loved around here."
P.S. Ricdic could you please get in the game?
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EBANK Ricdic
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Posted - 2008.04.06 07:42:00 -
[2]
Sorry you will need to find someone else for this. I don't have the time to assist you.
http://www.eve-bank.netPlease visit your user settings to re-enable images.[/url] |
Amarr Citizen 155
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Posted - 2008.04.06 07:43:00 -
[3]
Originally by: LRN "Just wanted to post this as I know such threads are loved around here." ?
So why post this unless you are asking to be flamed/trolled?
Originally by: LRN
P.S. Ricdic could you please get in the game?
I was told in the past that you can't use these forums as a means of "telling someone to get ahold of you" as it isn't a valid "market discussion". Just fyi.
---------------------------------------------- Why do it the hard way when you can do it the AMARR way. |
Silver Night
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Posted - 2008.04.06 08:03:00 -
[4]
If Ricdic doesn't have time, and all they are is tech 1 stuff, I might be willing to take a look at them. Shouldn't be too hard to value something like that for purposes of security. Unless there are a ton of them?
Assuming anyone here trusts me to that extent.
Also, noone ever answered my Investrix question from the other thread. I know there are some spelling and grammar police around here (pointedly not looking at Shad). Someone should know. --------------
GLS Mr. State Caldari Patriot. Sansha's Nation Supporter Murderer of (his own) Frigates.
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Kazuo Ishiguro
House of Marbles Zzz
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Posted - 2008.04.06 08:41:00 -
[5]
I'd be happy to secure your collateral for you; I could lock down the BPOs in any system where I can get an office if you want to produce from them, or I can provide you with copy slots if that's what you'd prefer. You could put an alt in my corp to do the copying if you wanted, and then in the event of a bus splat you could request help from a GM to get your BPOs back. Other people have already trusted me with blueprints of a greater total value than what you're providing - I can probably obtain a reference if necessary.
I do agree that the BPOs offered do not represent 100% security, but 80% security on a 3bn isk bond is good enough for me to be interested. My research services Spreadsheets: Top speed calculation - Halo Implant stats |
LRN
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Posted - 2008.04.06 08:47:00 -
[6]
Originally by: Kazuo Ishiguro I'd be happy to secure your collateral for you; I could lock down the BPOs in any system where I can get an office if you want to produce from them, or I can provide you with copy slots if that's what you'd prefer. You could put an alt in my corp to do the copying if you wanted, and then in the event of a bus splat you could request help from a GM to get your BPOs back. Other people have already trusted me with blueprints of a greater total value than what you're providing - I can probably obtain a reference if necessary.
I do agree that the BPOs offered do not represent 100% security, but 80% security on a 3bn isk bond is good enough for me to be interested.
We have found our trusted third party. Locking the BPOs and granting one of my production alts access to them would be great. I will have an alt apply to your corp asap. I suggest we discuss the matter of turning in the BPOs to you ingame though.
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MilowFV
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Posted - 2008.04.06 09:18:00 -
[7]
At least your not posting with yougotripped thats a good step. Well even if the value of the BPO dosnt cover the full cost of the 3 billion it will come close.
I will invest 200 million (2 bonds) in the project.
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LRN
Ewigkeit
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Posted - 2008.04.06 10:44:00 -
[8]
Originally by: MilowFV At least your not posting with yougotripped thats a good step. Well even if the value of the BPO dosnt cover the full cost of the 3 billion it will come close.
I will invest 200 million (2 bonds) in the project.
Thank you for your trust MilowFV. 2 bonds have been reserved to you. I would like to take the opportunity and announce the public that the BPOs provided as collateral were given to Kazuo Ishiguro and are undergoing a lock down vote as we speak.
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Jareck Hunter
Academy of Decadence
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Posted - 2008.04.06 10:44:00 -
[9]
You can reserve 2 shares for me, too :-) ------------------------------------------------- Sorry for my bad english^^
Join public Channel "Decadence" or visit www.eve-decadence.de |
Samantha Watanabe
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Posted - 2008.04.06 11:20:00 -
[10]
The problem I see with this IPO is that you still havnt outlined a viable, sustainable business plan. I'm assuming your plan is still the one posted in the other thread. I'd be willing to invest if your plan was better than simply seeing profits decline over time.
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Kazuo Ishiguro
House of Marbles Zzz
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Posted - 2008.04.06 11:37:00 -
[11]
The BPOs have been received and a lockdown vote is currently in progress (I'm the sole shareholder in my corp). LRN's industrial alt will be granted the necessary access to build from them once the lockdown has been put into effect (I think it takes 24 hours for the vote to close). My research services Spreadsheets: Top speed calculation - Halo Implant stats |
LRN
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Posted - 2008.04.06 11:47:00 -
[12]
Originally by: Kazuo Ishiguro The BPOs have been received and a lockdown vote is currently in progress (I'm the sole shareholder in my corp). LRN's industrial alt will be granted the necessary access to build from them once the lockdown has been put into effect (I think it takes 24 hours for the vote to close).
My thanks to Kazuo Ishiguro. His help has been invaluable.
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LRN
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Posted - 2008.04.06 12:11:00 -
[13]
Edited by: LRN on 06/04/2008 12:14:23
Originally by: Samantha Watanabe The problem I see with this IPO is that you still havnt outlined a viable, sustainable business plan. I'm assuming your plan is still the one posted in the other thread. I'd be willing to invest if your plan was better than simply seeing profits decline over time.
Thank your for pointing this out to me. I understand you concern and it so happens that I've looked into the matter just a while ago trying to determine additional ways for maximizing profits. Yes the bulk of my efforts will be focused on running a region wide competitive recycling operation in a region of my choosing. Probably Lonetrek. I will use the minerals for T1 ship production and I will also be selling rigs. I will also take in named items at lower prices than Jita and just dump them there later.
In addition to this as soon as I have the funds to afford it, I plan to make full use of high volume interregional trading opportunities, since I also have the means to freight goods. To that aim I will survey the local markets on a daily basis using my alts trying to appraise the market trends for exploiting possible fluctuations and I'm also opened to dealing with other producers and distributing their items wherever the demand arises. And most importantly, I'm accepting suggestions from anyone who wants to help me increase the profitability of this bond offering. Thank you in advance.
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Myrdyr
Pator Tech School
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Posted - 2008.04.06 13:31:00 -
[14]
"Let's Ripoff Now"? "Lonely Recycling Noob"?
Let's really not. Please post constructively. ~Saint |
Selene D'Celeste
The D'Celeste Trading Company
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Posted - 2008.04.06 14:48:00 -
[15]
Edited by: Selene D''Celeste on 06/04/2008 14:51:22 On the plus side you're looking at a more reasonable sum given your, ahem, past.
I am curious about your above reply though. The heart of this is the L4 mod deal that you mentioned before. Great. So what happens if you are prevented from making any money? You listed a bunch of "future" possible ISK makers, the standard set of bread and butter that most people diversify in. Is your IPO one thing or all things? Because it sounds like you want people to invest in you, the person, and not a real business plan. And really, there are few people who can pull that off (Ionia was one, and we've seen that even then we're not guaranteed a good outcome. Famous/successful/good != infallible).
So what is the real plan? Or are you just grasping at legitimacy? If you're really trying, then go all of the way.
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LRN
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Posted - 2008.04.06 15:17:00 -
[16]
Edited by: LRN on 06/04/2008 15:20:08
I've been playing this game for quite some time as I'm sure you know. I am by no means broke right now and the funds raised via this bond will only serve to expand my previous operations.
What I've outlined in the business plan is in fact a course of action, a series of steps that I will follow during the development of my trading operations and as I accumulate more capital. In the end I will invest more into passive ways of making isk but that's beyond the scope of this bond. It is safe to assume that for now, at least the first steps mainly the mission loot recycling operation section falls within the lifetime of the bond.
I will post weekly reports as to the state of my operations but since this is a bond, the profitability issue is mainly my own concern (considering that running L4 missions for 60m per day minimum, the 210m monthly return to the investors poses no challenge to me). I could also pay the interest in advance to the third party if that's really necessary.
But really Selene, since you are running your own recycling operation in Citadel I was hoping you'd be less of a skeptic.
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Samantha Watanabe
Science and Trade Institute
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Posted - 2008.04.06 15:30:00 -
[17]
The fact that you're relying on mission running and other things outside the scope of the bond suggest that you expect the bond itself to not be profitable somehow.
What is it that you're doing here anyway? If you don't expect a reprocessing bond to be profitable then why don't you open a mission running bond and have people fund a badass CNR of doom?
I want to invest in something like this, but I want that something I invest into to be the sole focus of the bond and to have a plan for real profitability along the lines laid out in the business plan. It looks like youve got too many external contingencies planned out for anything but non-profitability to be your plan, so what is really going on?
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Kwint Sommer
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Posted - 2008.04.06 15:46:00 -
[18]
YouGotRipped, or whatever he's calling himself lately, is a troll that has repeatedly failed at raising public capital thanks initially to his trolling and later to his indirect admittance that his early attempts were scams. He has so thoroughly destroyed his public reputation that he could not even get a secured public loan.
Aside from being a scammer and a troll, he has made quite a few unfounded attacks on members of this forum, particularly Ricdic. Since I have no public ventures for him to try to discredit he ripped off my sig in an effort to associate me with his scamming and trolling. After having it up for a month he took it down this week as part of his extremely belated attempt to clean up his image.
YouGotRipped is not here to conduct serious business, he visits this forum purely to amuse himself which comes in two forms, insulting members of MD and trying to scam members of MD.
I strongly encourage you all to read his last attempt at raising capital and invest accordingly.
Please visit your user settings to re-enable images. Purchasing and Shipping Moon Minerals |
LRN
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Posted - 2008.04.06 16:05:00 -
[19]
Edited by: LRN on 06/04/2008 16:05:30
Originally by: Samantha Watanabe The fact that you're relying on mission running and other things outside the scope of the bond suggest that you expect the bond itself to not be profitable somehow.
I'd suggest you take a look at my skills and then ask yourself why I have trained the prerequisites for lossless recycling, lossless production etc. Is that consistent with someone that intends to run missions to ensure a petty 210m return per month? That line is there as a last resort and bearing investors best interest in mind. It's a reassurance not a confirmation of the fact that I run missions for a living.
Originally by: Samantha Watanabe
What is it that you're doing here anyway? If you don't expect a reprocessing bond to be profitable then why don't you open a mission running bond and have people fund a badass CNR of doom?
Right now I'm buying minerals and salvage parts and producing ships and rigs. If I were to buy and recycle modules to obtain the minerals my profits would be greater. But since I only have 2B in my wallet it is more efficient to buy minerals directly than wait for orders to fill and then recycle. It's a matter of profit/time. As soon as I get the funding I will be able to buy high quantities of modules fast and the profit will be much greater.
Originally by: Samantha Watanabe
I want to invest in something like this, but I want that something I invest into to be the sole focus of the bond and to have a plan for real profitability along the lines laid out in the business plan.
As for profitability, Selene can tell you he's making 500m a day on a similar recycling - production operation in Citadel. Lonetrek does not have a comparable mission runner population to provide returns but then again the competition in Citadel is higher than Lonetrek, however using a past 2B bond I was only able to double the amount in just one month with limited effort. So Lonetrek definitely has potential and I'm going to exploit that.
Originally by: Samantha Watanabe
It looks like youve got too many external contingencies planned out for anything but non-profitability to be your plan, so what is really going on?
Just read my above reply to Selene, those external contingencies are in fact a sequence of steps that I will tackle one by one.
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Shadarle
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Posted - 2008.04.06 16:14:00 -
[20]
I won't be touching this with a 10 foot pole. Even if there was 150% security I wouldn't touch it.
Someone has to deserve investment, LRN/YouGotRipped most definitely does not.
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Selene D'Celeste
The D'Celeste Trading Company
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Posted - 2008.04.06 16:17:00 -
[21]
It would also help if you didn't take my numbers out of context, you shouldn't oversell the potential to your investors here. That was from the EBANK workshop as a "theoretically maintainable number" that involved no less than 4 business ventures combined. I said then that I wasn't going to give out real numbers/information on any business that I am involved in, so don't sugar coat it for "your investors" please =)
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LRN
Ewigkeit
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Posted - 2008.04.06 17:42:00 -
[22]
Edited by: LRN on 06/04/2008 17:43:01
Originally by: Shadarle I won't be touching this with a 10 foot pole. Even if there was 150% security I wouldn't touch it.
Someone has to deserve investment, LRN/YouGotRipped most definitely does not.
That of course is your choice. Since I have proven I have the skills and the means to achieve what I said, it's pretty much malevolence on your side to accept that.
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Shadarle
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Posted - 2008.04.06 18:02:00 -
[23]
Originally by: LRN however using a past 2B bond I was only able to double the amount in just one month with limited effort.
Can you answer a simple question. If you are able to double 2b in one month, why do you need to get a 3b loan? You have been posting here for quite a while now, in that time if you could truly double 2b in a month you should have little need for a piddling 3b loan.
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LRN
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Posted - 2008.04.06 18:13:00 -
[24]
Originally by: Shadarle
Originally by: LRN however using a past 2B bond I was only able to double the amount in just one month with limited effort.
Can you answer a simple question. If you are able to double 2b in one month, why do you need to get a 3b loan? You have been posting here for quite a while now, in that time if you could truly double 2b in a month you should have little need for a piddling 3b loan.
I'll give you some time to think about it. If you can't see the answer in the end I will help you.
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Kwint Sommer
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Posted - 2008.04.06 18:18:00 -
[25]
Here's a classic that never gets old, throwing unfounded allegations at your competition. Yet more evidence that you're not here to conduct business but rather to troll this forum.
Please visit your user settings to re-enable images. Purchasing and Shipping Moon Minerals |
Shadarle
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Posted - 2008.04.06 18:20:00 -
[26]
Originally by: LRN
Originally by: Shadarle
Originally by: LRN however using a past 2B bond I was only able to double the amount in just one month with limited effort.
Can you answer a simple question. If you are able to double 2b in one month, why do you need to get a 3b loan? You have been posting here for quite a while now, in that time if you could truly double 2b in a month you should have little need for a piddling 3b loan.
I'll give you some time to think about it. If you can't see the answer in the end I will help you.
How about you stop fishing for an answer and give me one. If you want to show people you are forthright then stop floundering around, give me a straight answer. Why do you need such a tiny loan if you're so good at making money?
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LRN
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Posted - 2008.04.06 18:21:00 -
[27]
Edited by: LRN on 06/04/2008 18:23:19
Originally by: Shadarle
Originally by: LRN
Originally by: Shadarle
Originally by: LRN however using a past 2B bond I was only able to double the amount in just one month with limited effort.
Can you answer a simple question. If you are able to double 2b in one month, why do you need to get a 3b loan? You have been posting here for quite a while now, in that time if you could truly double 2b in a month you should have little need for a piddling 3b loan.
I'll give you some time to think about it. If you can't see the answer in the end I will help you.
How about you stop fishing for an answer and give me one. If you want to show people you are forthright then stop floundering around, give me a straight answer. Why do you need such a tiny loan if you're so good at making money?
I suggest you reread the bond offering. You'll see that I've provided a link to my skills. Now why would I do that unless I was trying to prove all along that I'm not a scammer? I may despise stupidity but that's another matter entirely.
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Shadarle
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Posted - 2008.04.06 18:26:00 -
[28]
Originally by: LRN Edited by: LRN on 06/04/2008 18:23:19
Originally by: Shadarle
Originally by: LRN
Originally by: Shadarle
Originally by: LRN however using a past 2B bond I was only able to double the amount in just one month with limited effort.
Can you answer a simple question. If you are able to double 2b in one month, why do you need to get a 3b loan? You have been posting here for quite a while now, in that time if you could truly double 2b in a month you should have little need for a piddling 3b loan.
I'll give you some time to think about it. If you can't see the answer in the end I will help you.
How about you stop fishing for an answer and give me one. If you want to show people you are forthright then stop floundering around, give me a straight answer. Why do you need such a tiny loan if you're so good at making money?
I suggest you reread the bond offering. You'll see that I've provided a link to my skills. Now why would I do that unless I was trying to prove all along that I'm not a scammer? I may despise stupidity but that's another matter entirely.
Yet again you are avoiding the question. I didn't ask about your skills. Stop fishing for a "good" answer and give us an honest answer. Why do you need a 3b loan when you are so good at making money? Why won't you give a straight up honest answer to this?
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LRN
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Posted - 2008.04.06 18:28:00 -
[29]
Edited by: LRN on 06/04/2008 18:29:54
Indeed I was able to turn a 2B bond into 4B but having 5B and Margin trading 4 is even better. How's that? I was short on money even then and I had to haul stuff every day. Hopefully that will change now. Or maybe not.
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LRN
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Posted - 2008.04.06 18:41:00 -
[30]
Now, can you spare 3B of your 300 for me? If not I hope that at least your 10foot pole has shortened.
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