Market Discussions

End of another successful month.

Profits in the region of 70B

Payouts
flakeys - 1.8B
Philadelphia lawyer - 1B

Will roll over for another month.

Excuse me, Wafflehead, but may I ask why you continue this bond, even expanded it, when your figures show that you are actually hurting yourself that way? Or am I missing something?

Here's an overview of the figures you posted:
(ISK values in billions)

First column is the month,
second your estimated NAV = 40 Bn according to your OP for the first month and in the following months it's the old NAV plus profit minus interest paid to investors (not shown in the overview) for the month before,
third the amount of invested ISK,
fourth is the sum of NAV and invested ISK = total available "play money",
fifth is your profit for that month and
sixth is the calculated ROI.

Month - NAV - Invest - Total - Profit - ROI

11.13 - 040,0 - 15 - 055,0 - 42,3 - 76,9%
12.13 - 080,8 - 15 - 095,8 - 32,1 - 33,5%
01.14 - 111,4 - 15 - 126,4 - 49,7 - 39,3%
02.14 - 159,6 - 22 - 181,6 - 52,0 - 28,6%
03.14 - 209,4 - 28 - 237,4 - 52,2 - 22,0%
04.14 - 258,8 - 28 - 286,8 - 50,0 - 17,4%
05.14 - 306,0 - 28 - 333,0 - ?

It seems the amount of available ISK has little effect on your profit
December was a special case, so those numbers are lower than to be expected.
But at least starting February 2014 (when you expanded the bond from 15Bn to 22Bn) you are paying interest for invested ISK that you (apparently) don't need.

Thanks for your answer. It doesn't answer everthing but explains something I was curious about.

Btw, if your profit for March>April was in the 70B region you might want to update your post from yesterday where you state the profit for that period was "in the region of 50B+".

Apologies for the delay.

Successful month, profits in region of 38B
Lower profits were expected, moved house and have been settling in and setting up new office space/workstation area. Had to wait for broadband to be installed and home network setup.

I am going to run this for another month as I have not had time to sort out my next venture.

Interests paid out:
flakeys - 1.8B
Philadelphia lawyer - 1B

Interests paid out:
flakeys - 1.8B
Philadelphia lawyer - 1B

Will post profit calculation later on. Expecting lesser profits than before. Been away on a weeks holiday with the family and have been having some issues with my internet connection (packet loss caused by a faulty router). Everything seems to be all good now with that replaced.

Again happy to continue this for another month as I have had hardly any time to prepare my next venture.

I guess both investors will be happy with this, I will let you guys know once it comes to a close!

Update: Profits 37,612,642,395.79

Interests paid out:
flakeys - 1.8B
Philadelphia lawyer - 1B

That time of month again.

Profits: 63,430,130,436.72

New month :)

Oh what I would give to be in spain drinking some Sangria right now!. Enjoy the rest of your holiday :)

interest received as usuall , thanks waffle .

Confirming receipt and no probs on the extension .

TMC does not make a habit of posting falsehoods; the story about the POS is accurate and can be verified on zkillboard. While it could be claimed that the bit about the "alt heavily associated with A Fine Line" is speculative, a couple of the characters listed by the OP as his are or have been in the corp, including the main, which pretty well confirms the link.

Potential bad news for the investors, to be sure - the risk profile changed without disclosure, and for that matter the listed bond purpose may well have been fraudulent from the start, considering that bullet point talks of station trading. Hopefully he is upstanding enough to make good to his investors.