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[GMTB#2] Medium Term Bond - 85b - Running (Finished and cashout out)

Author
Grendell
Technologies Unlimited
#1 - 2012-04-03 23:02:41 UTC  |  Edited by: Grendell
Hello fellow MD readers,

On behalf of an anonymous party I've gathered funding for an 85b bond, with the option to gather more funding. The announcement was made in my tracking thread here: https://forums.eveonline.com/default.aspx?g=posts&m=767816

This thread is just for tracking purposes and public records.

> Once a month, the interest payment will be made, likely to be done within the 1st week of each month.
> In the event of a default, investors will be refunded their capital investment and accrued interest to that point if possible. Any isk after the liquidation will be taken as my fee.
> Previous public and private investors might get priority, as will larger investors over smaller investors. This is to make things easier for me.


The anonymous party has transferred collateral over to me to cover to full amount of the bond. Collateral is in the form of various blueprints. As with all my collateral evaluation, I've undervalued the items and then subtracted an additional 10-15% safety net.


The total Bond size will be 85b isk.

The terms:
1b isk minimum investment
1b investment increments
2% monthly interest
No fixed duration (Approximately 2-3 months)
Cash out requests requires a 1 month notice, and will be cashed out as funds are available
Periodically the bond may be lowered as the client buys back bonds from investors.

Current Investors:
  • Magnu Stormhawk - 20b
  • Breaker77 - 25b
  • ursu5 - 20b
  • Anonymous I - 20b

To make a reservation in the event the bond grows in size or somebody cashes out early, please visit GIRT located here: https://forums.eveonline.com/default.aspx?g=posts&m=767816

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Grendell
Technologies Unlimited
#2 - 2012-04-28 14:00:39 UTC
I am leaving on vacation this evening for a week, so I won't be around for when I would normally make the interest payments.

SO! Interest has been paid early. Smile

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Grendell
Technologies Unlimited
#3 - 2012-05-30 14:36:30 UTC
Interest paid early, as I'm leaving Thursday for a long weekend.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Breaker77
Reclamation Industries
#4 - 2012-05-31 23:34:07 UTC
Grendell wrote:
I am leaving on vacation this evening for a week


Grendell wrote:
I'm leaving Thursday for a long weekend.


Lucky Bastard Big smile



Grendell
Technologies Unlimited
#5 - 2012-06-18 13:08:46 UTC
Breaker77 wrote:
Grendell wrote:
I am leaving on vacation this evening for a week

Grendell wrote:
I'm leaving Thursday for a long weekend.

Lucky Bastard Big smile


Yes it's been quite nice.Blink

Just a notice to everyone here, at the end of this month this bond will be closing out and everyone will be getting cashed out. Hope you enjoyed the ride, will see you in the future I'm sure.Smile

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Grendell
Technologies Unlimited
#6 - 2012-07-01 16:44:13 UTC
Interest paid and bond closed. Everyone has been paid out. See you guys next time around.Blink

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

ursu5
Ministry of War
Amarr Empire
#7 - 2012-07-01 18:26:14 UTC
isk received my pleasure to do business with you, with respect ursu5