Market Discussions

Yeargh.... here be a bond offer from me! :o

General Information:

Bond Size: 25 Billion ISK
Bond Increments: 50 Million ISK
Interest Rate: 9%
Collateral: None
Start Date: April 10th, 2012
Duration: 1 Month Recurring

What is the bond for?

I plan to use the money from this bond to expand upon my existing station trading and investment activities.

Details:

The Bond cycle begins on the 10th of the month. From this point until the 25th, anyone who chooses to sign up for the bond will receive 9% interest at the end of the one month cycle on the 10th of the next month. Anyone who signs up after the 25th will not receive interest until the next cycle. From the 1st of the next month until the 8th, investors may contact me to let me know if they wish to either extend their bond for another month or to cash out. Investors also are able to pull out of this bond at any time, but doing so before the end of that bond's cycle will result in a forfeit of their interest payment.

Also, for the sake of simplicity, I would like it if investments into this bond were made in increments of 50 Million each (50M, 100M, 150M, etc etc)

Risks:

Making a profit should not be a problem in the slightest. Although I no doubt still have things to learn in regards to trading and other aspects of the market, I have rapidly expanded my ISK-making capabilities and show no signs of slowing down. Being Wardecced might happen to Aina since she is in a pvp corp, but it is my alts, and not Aina, who make my ISK. Therefore, a pvp wardec will not have any real effect on my abilities to make profits. I can pay to play with PLEX with ease, so real world money is also not an issue.

In the event that I did suddenly have to leave the game or decided to cancel this bond offer for any reason, I would promptly return everyone's investments immediately plus 9% interest.


If you are interested in this offer, please post in this thread and/or send me an evemail. The list of investors, as well as the dates that they will receive interest, will be tracked below. If you have any questions, comments, or concerns, please post them in this thread. :)

Aina Sasaki

10 Billion is the hopeful full size of this Bond. If it ends up being short of that due to a lack of willing investors, then so be it. :)

Yeah, I remember that. It was disappointing. Funny thing is my growth slowed down quite alot since then. Still good, but... not as good. :(

The difference this time is that I have about 6 billion in minerals invested on my alt. That is, technically, collateral. I just would prefer not to use it due to the volatile nature of the mineral market right now. If I put those minerals up for collateral at their current price, I could potentially be losing ISK if that mineral ended up going higher in price than I would price it at for use as collateral. See the problem?

I'm all ears for a solution.

Not empty quoting.

On the subject of being TRUSTWORTHY

I wanted to put in a word about the trustworthiness of Aina Sasaki. I am a director in the corp that Aina recently left. Aina had complete access to the corp wallet and never abused that privilege even though Aina was unhappy with the ceo and another director at the time of leaving. I believe this speaks volumes.

i think you don't know what collateral means.

If you put those Minerals for collateral, you don't lose them, the third party doesn't sell them unless for default.
I doubt anyone would accept large stocks of minerals in todays market situation for the very same reasons you mentioned.
It's an investment, But it can backfire.
(probaby won't, but long live the speculations).


Bottom line, even if those minerals were worth 10B, and you used them as collateral, And their prices would rise to 25B, At the end of the month you still get your minerals back.
Unless you plan on running in the first place, and just want to unload your poorly invested 6B tritanium.

btw, for collateral, It's around 85% or 80% of market value, or in other terms, the bond should be 110-115% collaterlized.
There are people who can get over 10B uncollaterlized. You're not one of them

Johnny

would like pledge 20b

Actually I did try to get an audit. That is still pending though. I'll let Vaerah address that if she really wants to. At the moment however, that audit isn't going anywhere and there is nothing I can do to push it forward. Frankly I'm not even sure if it would make a difference here anyway.

On another note, you keep bringing up how my ISK growth is "questionable" or "suspicious" because it went much faster than average for a relatively new player. Has it occurred to you that Eve isn't my first MMO? Or that this is not the first time i've set myself upon the goal of making fair amounts of in-game currency?

Eve does not have a monopoly on market players. ;)

About the audit I said that it's useless to get an audit when the investment is too aggressive and the reaction to collateral was so harsh.

The audit is already running and for free.

The audit will end when you'll produce an offer that the investors will accept "pending audit". That day will mean that you have done all the steps to propose yourself and the audit will be just the cherry on the pie.

Do whatever you want.

Also, you are indeed being audited, you should figure out how, why and by whom.