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Rykker bond #7 - 15 billion at 10% (bond completed with end of bond report)

Author
Rykker Bow
Center for Advanced Studies
#61 - 2012-06-07 12:07:52 UTC  |  Edited by: Rykker Bow
mis-edit. appologies

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Vaerah Vahrokha
Vahrokh Consulting
#62 - 2012-06-07 12:15:20 UTC
Rykker Bow wrote:
Thank you VV, a stellar report as always; your work is incredible.

The intent of the audit was twofold; one, if offers some corporate transparency and two, it gives investors the chance to review the performance of the bond.

Alongside the third week report, details of the next bond will be sent to current investors who will have the option to rollover their investment. Answers on the rollover option is not needed until the completion of the current bond so please feel free to ask any questions you may have until then. The next bond will commence approximately 1 week after the completion of this bond and current interest rates will apply for the interim for those who wish to rollover. Details on the next bond as well as when the bond will be posted will be given out on the scc-lounge channel in game prior to its release to the forums.

Regards
- Rykker


If you want I have 3B doing nothing, I can send them any time even now "for interim". In total I'd reserve 5B on the next bond as well.
Rykker Bow
Center for Advanced Studies
#63 - 2012-06-07 13:06:19 UTC
Vaerah Vahrokha wrote:
If you want I have 3B doing nothing, I can send them any time even now "for interim". In total I'd reserve 5B on the next bond as well.



Appreciate the offer of additional ISK but will have to pass so as to keep to the original bond amount. Through context I see you would like to rollover your investment into the next bond and accrue interest in the meantime and am happy to do so. As far as the 5B for the next bond, the details are still being contemplated but I have your reservation.

Thanks again for the great report mate,
- Rykker

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Rykker Bow
Center for Advanced Studies
#64 - 2012-06-08 02:29:40 UTC
Rykker bond #7 week three interest payments paid out

• week one net profit of 10.7 Billion (972m/day over first 11 days)
• week two net profit of 18.3 Billion (2.6b/day)
• week three net profit of 15.0 Billion (2.1b/day)

• total bond profit to date of 44 Billion
• average daily profit to date of 1.75 Billion per day

Week three has brought more insight into the types of traders in my area of the market as well as the personalities of the items being traded which will allow for larger (and more profitable) short term, fast turnaround market manipulations in the coming weeks.


Regards
- Rykker

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Simmons Hamilton
The Scope
Gallente Federation
#65 - 2012-06-08 02:49:50 UTC
Rykker,
I've been following this thread amongst others as I am interested in putting my idle isk to work. These days RL keeps me busy and any eve time is generally dedicated to pvp. Since the recent changes I've been thinking about how to keep my assets at work and your bond looks attractive. In particular I am encouraged by you engaging VV for the short-audit but also by the stated returns. With this in mind I would like to register interest in your next bond. I have 5+b of idle isk and would be interested in investing some or all of that across this and other bonds. Please keep me in mind.
Kind Regards, Simmons.

p.s This literally is my first post in MD, I hope there will be many more.
Miss Boobz
Doomheim
#66 - 2012-06-08 07:01:17 UTC
Week three interest payments received, well thank you Rikker.

I told you by evemail, I gonna make it public : I would like to reserve 5Bil on your next bond (rollover + 2Bil).

Good luck for your last week, and thanks again.

MB
Vaerah Vahrokha
Vahrokh Consulting
#67 - 2012-06-08 10:07:29 UTC
Confirming week 3 interest received.

I just found out I had some additional billions forgotten on an alt.

So, in addition to the rollover and in addition to the reservation of further 3B, if you will keep interest rate to nice levels I am willing to invest a further 5 - 10 - 15B, you name it.
Death ToU
Brutor Tribe
Minmatar Republic
#68 - 2012-06-08 10:13:55 UTC
Congrats on the bond so far, long may it continue.

I would like to increase my stake to 4B if possible.

I will send the further 2B isk when accepted/requested.

Vaerah Vahrokha
Vahrokh Consulting
#69 - 2012-06-08 11:00:28 UTC
Hehehehe something tells me Rykker will not have *that many* issues filling his next bond, eh?
MicioGatto
#70 - 2012-06-08 11:14:54 UTC
Rykker don't forget i already reserved a 15bil spot. So if you increase the bond I can give you from 1bil to 15bil depends of interest rate.
Devlin d'Arc
The Scope
Gallente Federation
#71 - 2012-06-08 11:29:44 UTC
Rykker,
I am an experienced investor who is pleased to now be returning to the game after a prolonged absence. Reading this thread made me smile. I have over 5b burning a hole in my wallet and would be grateful if you gave me an opportunity to be a part of your next planned Bond. Please keep a spot open for me, even if it is a small amount, so we can begin to build our business relationship.
Kind Regards,
Devlin
Rykker Bow
Center for Advanced Studies
#72 - 2012-06-08 12:19:40 UTC  |  Edited by: Rykker Bow
Vaerah Vahrokha wrote:
Hehehehe something tells me Rykker will not have *that many* issues filling his next bond, eh?


I'm quite thankfull for that. I've heard it said that trust is the most valuable currency in the game and I'm appreciative of the trust between the community and myself; I will endeavor never to break that trust. I've received many mails regarding the next bond. I will respond to them in the next few hours and want to let prospective investors know that I've made it a point to allow for rollover investing where I can and to keep maximum investable amounts relative to the size of the bond to allow for more people to partake in the bond than would otherwise be necessary.

Having said that, it looks like this bond will fill sooner than anticipated and with fewer additional spots than origionally thought. I will keep to the thread history when accepting additional investors to be fair to those who wanted to purchase bonds and appologies to those who will miss the cutoff. Future bonds, if issued, will most likely not allow for rollover to keep the investor pool revolving.

Some may ask why the high interest rates for the bonds. My main intent from the beginning was to create talk and excitement for the MD community and get more investors and investees into this part of the game. I believe there are great market strategists out there waiting for the opportyunity to be invested in and hope to see more prospectus' in the future. I also believe corperate transparency is an intergral part in building trust and the audit method, while not foolproof by any means, is helpfull in sorting the gems from the rubbish. The bond market is a tough area to break into but can lead to financial gains for all involved when successfull.

- Rykker

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

OllieNorth
Recidivists Incorporated
#73 - 2012-06-11 16:45:47 UTC
Confirming interest received, I've been out of touch for a while, so I missed a couple. Keep it up matey!
Simmons Hamilton
The Scope
Gallente Federation
#74 - 2012-06-12 00:10:39 UTC
Big smile

Sounds like I may miss out.

If so, please keep me on the list.

TBH it is not only the return that looks attractive, it is more your approach including but not limited to the audit/transparency. Trust is indeed hard won.

Good luck and keep me in mind.

Cheers.
Rykker Bow
Center for Advanced Studies
#75 - 2012-06-12 01:08:15 UTC  |  Edited by: Rykker Bow
Simmons Hamilton wrote:
Big smile

Sounds like I may miss out.

If so, please keep me on the list.

TBH it is not only the return that looks attractive, it is more your approach including but not limited to the audit/transparency. Trust is indeed hard won.

Good luck and keep me in mind.

Cheers.



You are indeed on the reserve list for the next bond which has yet to be posted and it is currently unknown who will make the investors list and who will be on the reserve list. While the next bond will be larger than this one, it will not be large enough to encompass all prospective investors as I want to keep the bond amount both realistic and within my ability to keep both personal and public capital working.

The next bond should post a few days after the completion of the current bond so as to address any issues or questions that may come up. It seems that this next bond is evolving of it's own accord before I get the chance to post it, so please bear with me as I finalize my strategies for the next phase.

- Rykker

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Magnu Stormhawk
#76 - 2012-06-12 08:11:19 UTC
Confirming that I would like to roll over and increase the investment up to 2 billion as per my original reservation if possible.

Cheers

Mag
Rykker Bow
Center for Advanced Studies
#77 - 2012-06-15 17:41:04 UTC
An update to investors, the bond will be updated/closed within the next few hours. Currently I am on schedule to update before the end of the day, but in the event that it extends into early hours Saturday eve time, investors will be given the pro-rated adjustment.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Rykker Bow
Center for Advanced Studies
#78 - 2012-06-15 23:24:21 UTC  |  Edited by: Rykker Bow
Rykker bond #7 week four interest payments paid out. Along with the final interest payment, principal has been returned to Ischtar Grey, Arugas Koken, Liberty Eternal, Dasola and OllieNorth, thank you for your participation. Interest has been paid out to Vaerah Vahrokha, Death ToU, Miss Boobz, Mangu and Kailean and have requested to have their principal rolled over into the next bond and will accrue interest in the interim.

• week one net profit of 10.7 Billion (972m/day over first 11 days)
• week two net profit of 18.3 Billion (2.6b/day)
• week three net profit of 15.0 Billion (2.1b/day)
• week four net profit of 17.2 Billion (2.4b/day)

• total bond profit to date of 61.2 Billion
• average daily profit to date of 1.9 Billion per day
• ROI 244%

The last four weeks have brought about better returns than anticipated. The main difference between this year and last is the removal of the trading bots. It has made the market much more enjoyable in that there is less competition, manipulations are easier to perform and maintain for longer periods netting better gains and margins are more stable. Periodic cycles of highs and lows are still there but are more manageable and predictable to maintain profits through the lows. Thank you to both the investors and MD who made this possible. I'm ecstatic with the returns, my best to date and I'm also glad to be able to offer higher than normal interest rates to those who trusted me with their ISK.

The next bond will be posted on or around Monday and looks to be mostly full with rollover investors. As the openings will be limited and a reserve list already established, any others who would like to be placed on the reserve list for the next bond please let me know and I will make sure you get on the list.


Regards
- Rykker

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Simmons Hamilton
The Scope
Gallente Federation
#79 - 2012-06-15 23:28:36 UTC
Nice work Rykker
Arugas Koken
Caldari Provisions
Caldari State
#80 - 2012-06-15 23:32:48 UTC
Confirming I got my ISK.

Thanks Rykker.