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15bil FULL ! fully collateralised VV 3rd party

Author
Cookiez Yum
Doomheim
#1 - 2012-05-06 23:32:03 UTC  |  Edited by: Cookiez Yum
As title says, I'd like to do a 15bil bond.

VV Has all the collateral now as stated in below post.


Prefer one person to fill this, but multiple is fine.

30days , though i reserve the right to end it sooner, paying out the full interest if i do.

Contact me in game if you want .etc

Taking investors now, Multiples of 1billion iskies minimum... Like i said if you can cover it all then i <3 you

So I will take that Reservation of:

6 billion from Miss boobz

2 bill from Mike'p

7 bil from the lovely Tornsoul


THIS IS NOW FULL, COULD ALL INVESTORS PLEASE SEND THE ISK TO THIS CHARACTER>

Bond starting at 21:00 eve time today

WIll pay out interest on the 6th of june. Thankyou all =]
Cookiez Yum
Doomheim
#2 - 2012-05-07 00:11:45 UTC
VV will be providing the 3rd party, Collateral has been given to him covering the full ammount .

Waiting on confirmation
Vaerah Vahrokha
Vahrokh Consulting
#3 - 2012-05-07 00:14:12 UTC
I confirm I have been contacted by Cookiez Yum for a collateral holding contract.

I have received collateral for 16,710,000,000 ISK already.

I have planned a specific insurance safety for the Investors I will details in some minutes.
Vaerah Vahrokha
Vahrokh Consulting
#4 - 2012-05-07 01:06:07 UTC
This bond will be handled pursuant the Vahrokh Financial Technologies [VAHFT] official Collateral Holding terms plus a set of specific amendments.

The relevant contract is designated as MRVAHFTCH019 and its prospectus is available at this location.


Collateral classification

As per the above contract, the provided collateral has been classed as:

Article V Paragraph 1:

Collateral class: A


Article II Paragraph 1:

Type III.
Liquidation expected readiness: class A.
Collateral market velocity: class 1.


Specific amendments

A specific instrument has been introduced for this contract.


Amendment to article V Paragraph 2:

(iv) Dynamically posted margin against collateral depreciation, based on the marked to market collateral value.


Margin management

Collateral value has been evaluated in a pessimistic scenario.

However, in case the collateral value drops below its nominal value of 15B, the Collateral Holder will issue a Margin Call to the Investee.
The Investee will promptly post enough additional collateral to restore the deposited collateral to above or equal its nominal value of 15B.

The Investee must post the additional collateral within 3 (three) days (EvE time will be used).
If the Investee will fail providing the missing additional collateral in time, the Collateral Holder will proceed with immediate liquidation and will distribute the proceeds to the Investors, in proportion of their investment size, up to the designated nominal value.
flakeys
Doomheim
#5 - 2012-05-07 07:37:59 UTC
VV , take a day outside mate you need it Blink

We are all born ignorant, but one must work hard to remain stupid.

Miss Boobz
Doomheim
#6 - 2012-05-07 10:08:47 UTC
Hi,

I can't take the whole bond, I will cover 6B.

Waiting for confirmation to send isk.
Vaerah Vahrokha
Vahrokh Consulting
#7 - 2012-05-07 11:00:46 UTC
flakeys wrote:
VV , take a day outside mate you need it Blink


Sorry I am too busy.

10 mins ago I was rendering my last video, 5 boxing, talking on SCC-Lounge to people asking about Mega prices and finishing writing the audit I am going to post in few minutes.

Plus preparing a lot of graphs to post later today.
Cookiez Yum
Doomheim
#8 - 2012-05-07 11:47:26 UTC
Noted the 6bil res in main post, Thankyou Miss boobz
Mike'P
Kansas City Industrial
#9 - 2012-05-07 17:04:17 UTC  |  Edited by: Mike'P
Well, despite the scant details, if VV is holding collateral, I'll punt in a billion (1B ISK).

Good luck!

EDIT: Increasing offer to 2 billion (2B ISK) after finding some change down the back of the sofa....

... and also chatting to Cookiez in-game.
Cookiez Yum
Doomheim
#10 - 2012-05-07 17:08:59 UTC
Updated main post, thankyou kindly for your reservation Mike.

7 bil left guys.
Andrei Nikoli
Anti-Nub Incorporated
Centipede Caliphate.
#11 - 2012-05-07 19:26:26 UTC
Put me down for 1 billion.
Cookiez Yum
Doomheim
#12 - 2012-05-07 19:34:18 UTC
Thank you Andrei, 6 bil left guys =]
TornSoul
BIG
#13 - 2012-05-07 20:30:25 UTC
Cookiez Yum wrote:
Like i said if you can cover it all then i <3 you


If that means one can "out-bid" others with a higher amount than they are willing/able to put up - Then I'll take the full 15B@3%.

Else - I'll settle for the remaining 6B.

ISK transfer pending an ingame mail from VV detailing the collateral so I can judge by myself.
If this is not possible/wanted, or I'm not satisfied with the collateral (doubt it'll be an issue but..) - Count me out.

Cookiez Yum
Doomheim
#14 - 2012-05-07 20:34:01 UTC  |  Edited by: Cookiez Yum
I'd rather keep the guys who reserved smaller ammounts in the bond as i don't like to say no =<


So i'll put you down as the 6bil remaining if thats ok with you torn =]




Now that this is full, IF possible could you guys start to send me your isk .

Obviously i know yours depends on the collateral torn .etc so whenever possible for you.
I've told VV that i'm fine with him disclosing the collateral information with you. .etc =]
Vaerah Vahrokha
Vahrokh Consulting
#15 - 2012-05-07 22:35:13 UTC
TornSoul wrote:
Cookiez Yum wrote:
Like i said if you can cover it all then i <3 you


If that means one can "out-bid" others with a higher amount than they are willing/able to put up - Then I'll take the full 15B@3%.

Else - I'll settle for the remaining 6B.

ISK transfer pending an ingame mail from VV detailing the collateral so I can judge by myself.
If this is not possible/wanted, or I'm not satisfied with the collateral (doubt it'll be an issue but..) - Count me out.



Collateral class and grade was described in the Collateral Terms I posted above.
I'll ask the Investee in game if (s)he authorizes me disclosing kind and quantity.
Vaerah Vahrokha
Vahrokh Consulting
#16 - 2012-05-07 22:37:47 UTC
Investee authorized me to disclose some of the information to TornSoul, I'll send an EvE Mail ASAP.
Cookiez Yum
Doomheim
#17 - 2012-05-07 22:50:56 UTC
Isk recieved from Andrei Nikoli - 1 billion =]
Cookiez Yum
Doomheim
#18 - 2012-05-08 12:20:43 UTC
Still waiting for the isk from the other investors Sad

Hopefully trade can start tonight if they all log in :)
Miss Boobz
Doomheim
#19 - 2012-05-08 15:40:04 UTC
6B sent from Miss Boobz few minutes ago.
Cookiez Yum
Doomheim
#20 - 2012-05-08 16:41:48 UTC
Confirming reciept of miss Boobz 6 bil investment,


just waiting for Mike and TS to get back to us now
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