Market Discussions

Are you related to grumpy cat?

Interest on deposits paid.

I've re-opened deposits and made a few changes to loan contracts, mainly around defaults.

• A loan default constitutes interest payments are not made in full for two consecutive months, including making up previous shortfalls

Changed from 3 months to 2 months. This does not affect current running loans and contracts. This is only for future contracts.

• In the event of a default, the collateral will be liquidated to re-pay investors and make up for missed interest payments if possible. Any left over isk will be taken as my fee

I've bolded an important part in hopes to motivate people not to default. I hate liquidating, it's a huge pain in the butt. So please try not to do it.

Hello Ghost,

Yes there is currently room, just make sure to let me know by mail if you deposit or plan on depositing.

Any room at the inn (bank/investment)?

Please see EVEmail.

Thanks.

EDIT:
Looks like I won't have time this evening. I'll process the payments when I can. Will keep everyone posted!

I will be paying interest on all bonds late this evening. I am doing these early because I suspect I will be busy with other commitments when the 1st of the month rolls around.

I will also be reducing the 1.5 Trillion isk soft cap down to 1 Trillion with a potential reduction down the road. I will be jump starting another project which will take a toll on my available time. I am also working on building a web based interface for my clients to follow their investments with me. It is nowhere near ready, but I felt I should give you guys a heads up about it. It will make things easier for both my clients and I.

Regards,
Grendell ♥

I'm blind or I can't find the "administration fee" ? How much is it ?

Is it fixed ammount of ISK or it is % value of the whole investment ?

Thank you

Added the option of trust funds to the public. It's something I've already been doing for friends for a few years, so now I'm opening this option to the public. More information will be added to that section in the near future, for now if there are any questions you may post them here or mail me.

I've also closed deposits while I down size my operation. They will be closed while I think about what kind of cap I'd like to set on deposits.

I'd also like to get some input from anybody who accidentally reads my thread, if there are any services you would like to see down the road.

People do read... *confirming the fact of reading stuff by posting*... ;)

Lets add a link to the new GIRT posting, for those that dont read page 1 (like me).