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► [LOAN] - 12.2B @ 10% - 30 Days - [ Closed ] ◄

First post
Author
Wafflehead
Garoun Investment Bank
Gallente Federation
#21 - 2013-10-11 21:09:07 UTC  |  Edited by: Wafflehead
X ATM092 wrote:
Scenario A
Make 12b a month, also steal 12b

Scenario B
Make 12b a month, don't steal anything

It appears to me that there is a 12b incentive to do scenario A, even if you make 12b a month. Can I get someone to double check my numbers here?


I don't think its the numbers someone needs to check. You've basically said that you would scam if you had the choice...

As stated before, there is little way of proving my honest intentions and there are going to be alot of speculation to the reasons behind the loans, all are invalid and without any proper proof or reasoning (apart from.. "Oh if i could steal 12B i would" posts..)

TItans 4 U was a result of bad votes and terrible shareholders.
X ATM092
The Hatchery
RAZOR Alliance
#22 - 2013-10-13 15:57:48 UTC
"Why would I take 12.2B when I can easily make that and more per month?. Maybe you don't understand the concept of you have to have ISK to make ISK."

In your previous posts you were explaining that you literally could not see any kind of reason why you might want to take 12b that you had the ability to take because you were earning 12b. However as the above research into scenario A and scenario B shows your earnings are in fact not relevant to the analysis of the decision about whether or not to take 12b. Indeed scenario A, in which the isk is taken, shows a 12b profit over scenario B, in which it is not, no matter how much you earn per month. Also if you earn 12b a month the fact that you apparently need to make uncollateralised loans is very strange, that ought to not be a significant portion of your trading portfolio and even if you had investments tied in illiquid assets you should still be able to offer those as collateral with a third party.

If, as you say, you have to have isk to make isk then wouldn't that mean that by keeping (also known as having) the isk of the investors you would make more isk. After all repaying the loan is giving the isk back which is the opposite of having it. If we take your theory regarding having isk and making isk and use it to calculate the impact of ceasing to have isk (also known as giving it away or back) then it would imply the unmaking of isk. Indeed the opportunity cost of repaying the isk could be many times the isk value that was actually repaid.
Wafflehead
Garoun Investment Bank
Gallente Federation
#23 - 2013-10-13 17:31:01 UTC
I have nothing more to say, I have already discussed why there is no collateral offered and the silly scenario's that have been dreamt up. Just because there are a few stories of scamming, doesn't mean that everyone is out there to scam!.

I have no intention of scamming of any sort. I will continue to offer my loans for as long as there are investors. The ISK provided in these loans are a great help increasing my buying power and in turn a good % return is offered.
ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#24 - 2013-10-14 19:11:27 UTC
I have removed some rule breaking posts and those quoting them. As always I let some edge cases stay.
Please people, keep it on topic and above all civil!

ISD Ezwal Community Communication Liaisons (CCLs)

I Was There
Habemus
#25 - 2013-10-14 20:01:43 UTC
I guess we'll find out in roughly 10 days. Hopefully, Waffle will run another loan after this one.
Wafflehead
Garoun Investment Bank
Gallente Federation
#26 - 2013-10-14 20:06:13 UTC
ISD Ezwal wrote:
I have removed some rule breaking posts and those quoting them. As always I let some edge cases stay.
Please people, keep it on topic and above all civil!


Thanks for the cleanup.

I Was There wrote:
I guess we'll find out in roughly 10 days. Hopefully, Waffle will run another loan after this one.


I will be looking to start another loan, previous investors will be contacted as usual to check interest in continuing or increasing or cashing out.

Transparency purposes I have obtained another science/production alt in the name of Rex Anguine and I am in the process of buying the 3rd character to complete the account (looking to branch into T2 invention/production). (Doctor Salcazzis - Transfer pending)

As always, these are personal expenses which are covered by my own ISK.
Wafflehead
Garoun Investment Bank
Gallente Federation
#27 - 2013-10-22 22:01:10 UTC
Loan is coming to a close, I shall start payouts tomorrow morning. New thread will be created once these have been paid out. Big smile
Wafflehead
Garoun Investment Bank
Gallente Federation
#28 - 2013-10-23 10:54:02 UTC  |  Edited by: Wafflehead
Loan Payouts:

okoolos rimmer - Investment returned of 4B, Interest of 400M - Total 4,400,000,000 (4.4B)
I Was There - Investment returned of 1B, Interest of 100M - Total 1,100,000,000 (1.1B)
Kraillach - Investment returned of 2B, Interest of 200M - Total 2,200,000,000 (2.2B)
Silent Investor - Investment returned of 5.2B, Interest of 520M - Total 5,720,000,000 (5.72B)

Total Investment: 12,200,000,000 (12.2B)
Total Interest Paid: 1,220,000,000 (1.22B)
Total Payout: 13,420,000,000 (13.42B)

I shall be starting a new thread later today, previous investors if you wish to reserve any amount please evemail me and I will ensure you have a slot!.

New Thread: https://forums.eveonline.com/default.aspx?g=posts&t=289366&find=unread (15B Bond)
I Was There
Habemus
#29 - 2013-10-23 12:17:17 UTC
Isk received.
okoolos rimmer
Napkin Nation
#30 - 2013-10-23 14:24:02 UTC
isk received.

Pleasure doing business.
Kraillach
Deep Core Mining Inc.
Caldari State
#31 - 2013-10-25 04:07:06 UTC
Isk received, good luck for your next bond.
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