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[IPO] AEGIS Logistics - 40% Shareholding @ 3000 ISK/Share (Closed)

Author
Eric de'Locke
Federal Navy Academy
Gallente Federation
#1 - 2016-02-22 09:34:50 UTC  |  Edited by: Eric de'Locke
Hi

After the disaster that was my first IPO post, I've taken the advice to heart and re-examined my offering and come up with a revamped more informed option.

I am still looking to fast track skills using Skill Injectors, to buy a Jump Freighter and have capital over to buy production resources. The only modification is to Chapter 7: IPO Terms & Conditions as follows:


Chapter 7: IPO Terms & Conditions (Addendum 1.0)

This is a 40% shareholding at 3000 ISK per Share (20 000 000 shares) with 50% of all profits paid out as dividends on the last day of every month at around 17:00 hours EVE time. The other 50% will be carried over as running costs. Capital raised from the purchase of Shares will NOT count as income (profit) and will be placed within the Investment Capital Division’s Wallets to be used to fast track skills and purchase any additional resources as needed.

Share Price is calculated as (Current NAV + Total Projected Net Profit for 2016) / Total Shares and round up to the nearest thousands for convenience.

Total Shares: 50 000 000.
Price/Share: 3 000 ISK
Shares Offered: 20 000 000 (40%)
Collateral: None
Share Issue Date: Current
First Public Dividend Payout Date: Thursday, 31 March 2016
Reports: Monthly, accommodating payout. Though a daily account of all assets will be tracked via jEveAssets and can be requested by shareholders at any time.

In the event that you want to sell your shares, I will gladly buy them back in 6 months after the initial investment.

Share Buy Back Price after 6 Months: 3 000 ISK per Share
Share Buy Back Date: Thursday, 1 September 2016

If shares are traded after the fact please send me the details or post them here so I can update listings, thanks you.

I hope this is a better option and meets with everyone's expectations.

Please Note: I will not be taking a dividend payout this month as stated before, all monies will be re-invested into AEGIS Logistics in order to set up the increased production quantities and resources required.


I'd like to thank the following pilots who took the initiative and made an investment into my little venture. While only 27.60% of my share sold, raising 41.4 billion in investment capital, I was able to achieve my goals and put my plan into action.

Alex Hinkelmann (held by Ishukone-Raata Corporate Investment Bank): 0.10% shareholding.
Algazara: 2.67% shareholding
Gallente Rebel: 3.50% shareholding
Juniorci: 20.00% shareholding
Ryan Baldur: 1.33% shareholding.

My first Initial Public Offering for AEGIS Logistics will be closing and coming to an end on the 31 March 2016, where open trading of share between pilots may begin if desired. Shares can still be purchased after the closing date, but at trading prices.

Price per Share
Current IPO: 3,000.00 ISK
Market Value (11 March 2016): 4,280.97 ISK
Average Total Value (11 March 2016): 3622.19 ISK
Bumblefck
Kerensky Initiatives
#2 - 2016-02-22 12:02:56 UTC
Would still like pledge 20bn plx

Perfection is a dish best served like wasabi .

Bumble's Space Log

Eric de'Locke
Federal Navy Academy
Gallente Federation
#3 - 2016-02-22 14:04:07 UTC
Bumblefck wrote:
Would still like pledge 20bn plx


Confirmed, thank you. I didn't want to assume :D
Dethmourne Silvermane
Silvermane Holdings LTD
#4 - 2016-02-22 15:35:16 UTC
What is this I don't even.

Will pledge 19bn plx

Interested Party (TM)

Nouva MacGyver
Jedrzejczyk Integrated Capital
Minerva Exalt Holdings
#5 - 2016-02-22 15:36:33 UTC
Your dropbox links do not work and they are pointing to non-existent folders.
virm pasuul
Imperial Academy
Amarr Empire
#6 - 2016-02-22 15:51:12 UTC  |  Edited by: virm pasuul
I am going to try and be helpfully constructive for a single post. I won't be posting again. Feel free to ignore.
The two dropbox shared links don't work for me. Expect someone who has 60 billion to invest to want to go through those documents. If you are genuine fix and test those links.

You now want 60 billion after failing at 50 billion?? Why?

If this is a genuine offer then consider doing the following:

1 ) Explain and show exactly how much you need from injectors to get your full production line up and working.
9 character times 3 months of skill points is not detailed enough, especially when at least 4 of those characters are already sufficiently skilled, or only need reduced skill to reach from T2 to T3. And you have already stated Eric is not part of this, so he shouldn't be included either. In another place you state only 7 characters will be involved.
Expect to have to prove this via API verification.
A guesstimate, especially a wildly inaccurate one will not do.

2 ) Detail exactly how the money will be spent.
From 1 above x billion on injectors, JF, etc.... How much will actually go into producing stock to be sold on the market.
This is important. The skill injection is sunk money that whilst it enables your production line is very illiquid. And turning it back into ISK would chew half of it up as money would have to be spent on skill extractors.
From the 50 or now 60 billion how much exactly would be spend on producing liquid assets to sell?

3 ) Projected earnings per share per month.
Detail exactly how much each share will earn per month. Show your workings.
Don't forget 50% of all profits go back into the business, before dividends so 40% shareholders only get 20% of the profits.
Compare this to the standard uncollateralized loan %age returns per month. Which is exactly what you are offering.

4 ) Why did 50 billion now become 60 billion? You have to explain things like this. Not everyone has 10 bill to throw away. To some of us it's a lot of money. It's over half your own assessment of your own assets.

5 ) Have a real think about what you are offering and how realistic are your expectations? 60 Billion uncollerallized for a first attempt in a game full of scam artists where no one trusts anyone. With a poor return rate. Does that makes sense to you?

6 ) Sell your scheme. If it's good it will be an easy sell, if it's a hard sell you might want to look at it from an investors point of view. See point 5 above.

7 ) Explain how you will have enough money in 6 months to cover the buyout if requested by investors. It seems to me you'd need 60 billion + liquid ISK in six months to do this, but you are sinking a whole ton of it in skill injectors, and you need to be paying out the investors monthly. Where it going to come from?

8 ) How will investors be able to track how much profit you are making? In fact how will you be tracking profit to know how much to pay investors?

Lastly. From your previous thread you called into question my knowledge of tech 2 manufacturing. On what basis I have no idea. Whilst I don't touch tech 3, I manufacture tech 2 ships from scratch myself, I do invention, PI, and ship manufacture. The only part I don't do myself is the reaction mats e.g. crystaline carbonide which I buy off the market. I build the components and then build the ships from the components, ship to market myself and sell. It was a poor choice on your behalf to assume you had knowledge of what I do in Eve and then condemn me for my lack of knowledge. Attitude counts in a game where trust is scarce. A poor attitude towards others in public can be costly.

Apologies if anything I have asked for is in the documents you have linked, but the links do not work for me from multiple computers.

Good luck.
Eric de'Locke
Federal Navy Academy
Gallente Federation
#7 - 2016-02-22 17:25:07 UTC  |  Edited by: Eric de'Locke
Sorry for the links not working, they were when I tested them but I've shortened the URL and they should be working now. If not, please let me know.

virm pasuul, I took everything you said to heart and had a look at what I had to offer as well as what I wanted. So that's why I'm selling 40% at the listed price. My target still remains 50B but I'm not expecting to get the full amount so selling the 40% share will be easier.

1) Had the links been working you'll see my current plan in the Projected Income statement and exactly where I'd spend what on Skill Injectors over 2 months as well as PLEX expenses. I didn't include the JF in the Financial Data to get my NAV as I wanted everyone to see what I currently have in assets. But once bought the JF will be part of the NAV and will be updated accordingly as it is a physical asset.

2) After purchasing the JF, Skill Injectors and PLEXes any remaining ISK will be spent on resources needed to accommodate the new skills so that I won't have to wait for capital to be made. This is also detailed in the projections. But please remember that the projections doesn't include the investment, just if I currently continue as I am now.

3) Again this is detailed in the PDFs which shows payouts per month, what the total payout would be as well as an average over the year.

4) That was a matter of maths as I decided to sell off an even shareholding of 40%.

5) As per my projections the full investment will be paid back by the end of the year, so 10 months. After that, if investors haven't sold back the shares, it's all profit from then on.

6) That's what I tried to do with the new PDFs :D

7) The buy out will come from my own ISK. Before I've been using it to PLEX my 3 accounts and re-invest into the corp as I stabilised production. February will be the first month that I will be taking dividends for myself.

8) At the moment I keep track of balances via jEveAssets and update twice daily for my own records. Any investor can request this from me at any time and I will upload it. Better yet, I can upload it every day if required. I will also set up a chat channel or mailing list for shareholders.

9) I must apologise myself as I took exception when genuine interest was offered. This is my little baby in Eve and my back hardened when you showed problems when I was looking for solutions. When you called me a scammer and the like it wasn't what I wanted to read or hear. I know this is a game where anything goes, but those that know me know I'm honest and play fair (well fair'ish in PvP, lol). I keep my word that's why I'm doing the IPO with my main and not an ALT as I've invested a lot of time and effort into Eric and I don't want to tarnish him. I help those that I can, giving ISK and ships away to new players so they can get started. And yes, I have been the victim of corp theft before. It was only 20 million, nothing now but a lot when I was first starting out. That's why I play the game as I live my life, the best way I can.

Believe you me, you have been more helpful that you realise and I'm hoping this new IPO will show you just that. So thank you.
Caldari Lanyaie
Dead Rune Holder
#8 - 2016-02-22 17:26:36 UTC  |  Edited by: Caldari Lanyaie
I previously requested an API - I am still willing to go over it. Please show it to me so that I may make a decision based upon it. I refuse to pledge money to anyone when I cannot confirm anything they're saying.
Eric de'Locke
Federal Navy Academy
Gallente Federation
#9 - 2016-02-22 17:28:40 UTC
Dethmourne Silvermane wrote:
What is this I don't even.

Will pledge 19bn plx


Confirmed, thank you.
Eric de'Locke
Federal Navy Academy
Gallente Federation
#10 - 2016-02-22 17:43:23 UTC
Caldari Lanyaie wrote:
I previously requested an API - I am still willing to go over it. Please show it to me so that I may make a decision based upon it. I refuse to pledge money to anyone when I cannot confirm anything they're saying.


Temp APIs sent
Nouva MacGyver
Jedrzejczyk Integrated Capital
Minerva Exalt Holdings
#11 - 2016-02-22 19:15:25 UTC
Eric de'Locke wrote:
2) After purchasing the JF, Skill Injectors and PLEXes any remaining ISK will be spent on resources needed to accommodate the new skills so that I won't have to wait for capital to be made. This is also detailed in the projections. But please remember that the projections doesn't include the investment, just if I currently continue as I am now.


If as you say these projections in your pdf do not take potential investment into account, how are you almost doubling expenditure from ~33bil to ~65bil from February to March, when the corporation's supposed February net profit barely makes a tenth of that?

Your statement of assets of AEGIS Logistics itself in your previous thread also does not support these values. Where is this influx coming from to support the ramp up in these figures?

Reference:
Eric de'Locke wrote:

As of this posting AEGIS Logistics is sitting on a little over 12.7 billion in assets (which includes 1 active production tower and associated arrays, over 270 fully researched BPOs and accompanying BPCs, fuel, materials and ships), 2.9 billion in liquid cash, 1.4 billion currently in production and 1 billion in Sell Orders for a total of just over 18 billion.
Eric de'Locke
Federal Navy Academy
Gallente Federation
#12 - 2016-02-22 19:24:42 UTC
Nouva MacGyver wrote:
Eric de'Locke wrote:
2) After purchasing the JF, Skill Injectors and PLEXes any remaining ISK will be spent on resources needed to accommodate the new skills so that I won't have to wait for capital to be made. This is also detailed in the projections. But please remember that the projections doesn't include the investment, just if I currently continue as I am now.


If as you say these projections in your pdf do not take potential investment into account, how are you almost doubling expenditure from ~33bil to ~65bil from February to March, when the corporation's supposed February net profit barely makes a tenth of that?

Your statement of assets of AEGIS Logistics itself in your previous thread also does not support these values. Where is this influx coming from to support the ramp up in these figures?

Reference:
Eric de'Locke wrote:

As of this posting AEGIS Logistics is sitting on a little over 12.7 billion in assets (which includes 1 active production tower and associated arrays, over 270 fully researched BPOs and accompanying BPCs, fuel, materials and ships), 2.9 billion in liquid cash, 1.4 billion currently in production and 1 billion in Sell Orders for a total of just over 18 billion.


Because I'm not manufacturing all the ships in 1 go, just a small portion per day so the cost is easily covered by the profits held back for running costs.
Alfonse Layate
Hedion University
Amarr Empire
#13 - 2016-02-22 21:20:36 UTC
Yo I might be interested bud in some, or at a stretch, all of this. Can you send full API keys for all accounts involved.
Given what you are asking it's full API keys for the whole accounts involved or nothing bub. I need to see all the dudes on the accounts.

I have a eight months overseas tour coming up, during which gaming will have to take a hike. I'll be out of Eve for the duration. It would be nice when I return to Eve for my beer funds to have grown.
Post some numbers for what 50B would look like over the next 6-10 months.
Do you have any collaterall at all? Anything?
I like your determination, which makes me think you might be worth a bet, but your details are very lacking buddy.
Elizabeth Norn
Nornir Research
Nornir Empire
#14 - 2016-02-22 21:40:36 UTC  |  Edited by: Elizabeth Norn
So you've switched from asking for 50b in exchange for a 20% share of your profits to asking for 60b in exchange for a 40% share of half of your profits? What's your reasoning for the semantic gymnastics?
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#15 - 2016-02-22 23:41:10 UTC
I sended isk not receive share!

@JerryTPepridge

Eric de'Locke
Federal Navy Academy
Gallente Federation
#16 - 2016-02-23 02:23:17 UTC
Elizabeth Norn wrote:
So you've switched from asking for 50b in exchange for a 20% share of your profits to asking for 60b in exchange for a 40% share of half of your profits? What's your reasoning for the semantic gymnastics?


No, I've switched from asking for 50B to selling shares in order to raise capital for my little venture. The share price is based on actual NAV plus projected profits for the year divided by total shares which equates to 60B for a 40% shareholding. Which is basically how shares is calculated for a new corporation that begins trading in shares.
Eric de'Locke
Federal Navy Academy
Gallente Federation
#17 - 2016-02-23 02:27:10 UTC
Jerry T Pepridge wrote:
I sended isk not receive share!


Really? I see no reflection in my wallet balance that you sent ISK, but if and when you do please make sure to do so on the 1st of March when I stipulated that the transaction will take place.
Eric de'Locke
Federal Navy Academy
Gallente Federation
#18 - 2016-02-23 02:40:50 UTC
Alfonse Layate wrote:
Yo I might be interested bud in some, or at a stretch, all of this. Can you send full API keys for all accounts involved.
Given what you are asking it's full API keys for the whole accounts involved or nothing bub. I need to see all the dudes on the accounts.

I have a eight months overseas tour coming up, during which gaming will have to take a hike. I'll be out of Eve for the duration. It would be nice when I return to Eve for my beer funds to have grown.
Post some numbers for what 50B would look like over the next 6-10 months.
Do you have any collaterall at all? Anything?
I like your determination, which makes me think you might be worth a bet, but your details are very lacking buddy.


Unfortunately I'm unable to provide you with a full API for the account that Eric is on as he is in Factional Warfare, but the other accounts I'd be happy to provide as well as a an API for the corporation. I hope this won't be a deal breaker.

I have collateral worth a little over 18B mostly tied up in assets such as ships, a production tower, arrays and materials. I never expected my production to become this profitable as I was just doing it to provide ships for myself in FW, and now it's growing and I'd like to see that continue.

As provided in my income projections and production line linked above all invested capital will be paid back within 10 months, after that it's just gravy.
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#19 - 2016-02-23 03:46:46 UTC
Eric de'Locke wrote:
Jerry T Pepridge wrote:
I sended isk not receive share!


Really? I see no reflection in my wallet balance that you sent ISK, but if and when you do please make sure to do so on the 1st of March when I stipulated that the transaction will take place.


No thanks.

ive never heard of aegis logistics or eric delog, i dont dabble in penny stocks, i enjoy riding their goats tho.

@JerryTPepridge

Eric de'Locke
Federal Navy Academy
Gallente Federation
#20 - 2016-02-23 05:37:11 UTC
Jerry T Pepridge wrote:
Eric de'Locke wrote:
Jerry T Pepridge wrote:
I sended isk not receive share!


Really? I see no reflection in my wallet balance that you sent ISK, but if and when you do please make sure to do so on the 1st of March when I stipulated that the transaction will take place.


No thanks.

ive never heard of aegis logistics or eric delog, i dont dabble in penny stocks, i enjoy riding their goats tho.


Don't feel bad, I've never heard of Jerry T Pepridge before either. Lol, glad to have been able to help you enjoy yourself :D
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