Market Discussions

Hi Globby,

I have some questions/comments for you.

First people will invest in whatever gives them a good return on investment, even if they do not support the end goal. For as long as they think they will make more than what they invested they will be interested in investing.

The problem is why should we trust you with isk. You have stolen assets in the past so that will make many very concerned, even if you returned all of it. The fact that you did steal could mean you will do it again, i.e. you were trusted with isk/assets and you chose to use your position to take what you could even though people trusted you not to. Why/how is this any different? Yes we are investing in the alliance but since you are an alliance treasurer we are investing in YOU as well thus we need to know we can trust you.


Questions

Question 1)

Who will all have access to the isk/assets? Just you, you and loyalanon, others? How many treasures are there in the alliance?

Question 2)

If you fail to make any isk, for whatever reason, how will the alliance afford the interest payment? For example what if the EVE gods say, “CODE. Shall get crap loot drops for the next year thus resulting in many unprofitable ganks”. How will the alliance afford the interest payment?
Or what if you steal the isk (again) or someone else steals it, how will the alliance pay back the investors since we are investing in both you and the alliance.

Question 3)

A big question for me is the following:
You say you are a CODE. Treasurer but when asked for loyalanon to confirm in the thread you saw we should mail him. To me this says one of two things, one you are lying or two that the alliance doesn’t take this seriously and thus why should we expect you (the alliance) to use our investment wisely.

Question 4)

How will the money be used?
You say that ganking freighters is profitable and that ganking mining barges aren’t and that code does both. You say this money will be used to buy 12-24 hours’ worth of ganking ships but are these ships only for freighters/profitable ganks or for any ganking (mainly mining barges/unprofitable ganks). If it is only for profitable ganks then how will you make sure that the money is only used for profitable ganking and not all ganking. If not how are you expected to make isk when you use the given isk for unprofitable ganks, much like you do now.


Getting an uncollateralized bond to go through, especially the first time for a character, is about a good idea but also clear communication and public relations which I hope asking these questions will help do. I personally can’t invest currently, I have my own bond I am running, but if I did have the isk I would consider it.

I have removed a few off-topic posts. Please stay on topic.

I'm sorry you cant take the 10 seconds out of your day to send an evemail to loyalanon to confirm this. If you want, I can write a written report on how probability works over long periods of time (hint, it averages out.) I have access to this money for 5 seconds before I send it over to the alliance, so my person is not in question here as if I stole anything I would only be able to steal a bond or two, get kicked from the alliance, and CODE would still be able to make more than enough money from the rest of the stuff I couldn't possible steal. CODE has not backed down on ANY player to player diplomatic agreements and wont start now.

I would highly recommend reading this thread so I don't have to repeat myself ad nauseam, it's like two pages.

1) loyalanon cannot post on the forums, as stated before, so please evemail him about it, it's the only way.

2) okay.

3) Except that all of the bonds aren't filled instantly. If loyal knows a bond payment has been paid me tells me to give it to him instantly. Once I get it I give it to him as I get it.

4) see #1

5) Maybe he trusts me? Maybe he knows it wasn't a 'theft'? Obviously he trusts me enough to appoint me as his secretary. You do not know the reasons behind my alleged thefts.

As I said before, CODE. has never broken a diplomatic player to player agreement or deal. They have never defaulted or went back against an official loan through a treasurer or loyalanon himself. This is for an official loan for CODE.

"As I said before, CODE. has never broken a diplomatic player to player agreement or deal. They have never defaulted or went back against an official loan through a treasurer or loyalanon himself. This is for an official loan for CODE."

Is there any record of such loans? Can we get some "references" so to speak. Any of your lenders willing to verify that you have paid the loans fully and on time?

As a financial backer for the code alliance fleets, I can tell you that out of all the times that I've lent loyalanon money for ships there has not been one instance where he did not pay me back with loot dropped by the industrials code cracks open

Here is one such example. That is simply just one page of many from my wallet after selling loot I received after lending money to code.

"bond offering 0% interest"

shameless begging is shameless.

they're 7.5% interest bonds

I'm not convinced. If this round of bonds goes well I might weigh in on the next round.

I suggest you hold your breath until you have seen the bonds went well.