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300M @10% - No colat [Finished]
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Barakach
Caldari Provisions
Caldari State
#1 - 2011-10-06 01:47:46 UTC  |  Edited by: Barakach
Some people may remember me from some crazy idea(I think it was good, but later I figured it impractical) that I had a while back. After some nice feed back, and some sleeping on the subject, flat percentage is just simpler.

Anyway, my first public loan. Simple setup. Aiming for 300m, I am willing to go over a bit(eg if 250mil pledge and someone wants in on 100m, that makes 350mil). 100mil minimum.

Paid back on 30th day, rounded down(may be at end of the day). Any days late, I will give a rate of 20%/month(1.2^([days late]/30)). You can request to have your money back whenever, but it will only be a best effort at the normal rate of 10%/month, unless it goes past 30 days, then the standard 20%/month kicks in.

The loan can be renewed if you want, but I will return the money due and you can send it back if you want.

A bit about my current money. ~670m in my wallet, ~580m in escrow, ~730m in sell orders, ~300m in minerals/PI-produce laying around, and about 3bil in buy orders spread over many types.

A bit about me. I have recently expanded into manufacturing and PI processing. This is my main and I'm relatively new to Eve with only 8.8mil SP. You'll see me logged on quite often as I like to chit-chat with some friends I've made, while manually jumping my freighter. I have orders at Rens/Hek/Dodixie/Jita, I like to spread both my buy and sell orders and move excess among the stations. I'm not much for speculation. I play in the commodities and I am currently expanding out slowly.

Your 30 days starts on the day I respond.

P.S. Don't randomly send me money and not tell me. I hate it when people ask me how the money is doing, then I search my huge journal log and find they gave me some money. In game email is preferred. I'm USA central time(-5gmt for now, -6gmt when fall starts)

If there's something anyone is interesting in, please ask.
Sverige Pahis
Deep Core Mining Inc.
Caldari State
#2 - 2011-10-06 02:31:51 UTC
So what is stopping you keeping it all? No one is going to cover this without full collateral.
AtheistOfFail
Totality Squad
Vyraj.
#3 - 2011-10-06 02:53:59 UTC
Sverige Pahis wrote:
So what is stopping you keeping it all? No one is going to cover this without full collateral.


A little hostile but he has a point.
Barakach
Caldari Provisions
Caldari State
#4 - 2011-10-06 03:09:45 UTC  |  Edited by: Barakach
Sverige Pahis wrote:
So what is stopping you keeping it all? No one is going to cover this without full collateral.

Short Reply: I'm not expecting anything

Long Reply:
I could use money for collateral but everything I own is used in trading, and that defeats the purpose of the loan. I figure it doesn't hurt to ask.

As for "no one". Some random person gave me 300mil and said I could keep it, when I was talking about how I saw a few good deals but my money was tied up in sell orders. I still paid him back plus 10%(I'm not a charity case). After paying him back, he offered to let me join his small corp and use his high sec PoS. I figure if a random stranger, whom I didn't even ask, would give me money, there might be some who will if I ask.

The social aspect and the Industrial part of this game is the only thing I find enjoyable. Missions are grindfully boring and 12 years of FPS games leaves the PvP feeling "meh"(it's not PvP unless there's twitch factor). If I ever want to be apart of a large industrial group, the only thing I have is trust.

Anyway, I'm not holding by breath. Also, I do not *need* the money. My estimated total value on 9/5/2011 was around 2.9bil. That other guy gave me 300mil, which pushed me up to about 3.2bil. I have since spent 600mil on BPOs to start my manufacturing and purchased about 250mil of minerals to stock-pile. I just paid back the 330mil and I am now sitting about 2.7bil(not including BPOs as I don't know their true value). I seem to be doing good enough on my own for primarily trading out of Rens.. which seems to be almost dead... uhgg.
Barakach
Caldari Provisions
Caldari State
#5 - 2011-10-06 03:17:58 UTC
AtheistOfFail wrote:
Sverige Pahis wrote:
So what is stopping you keeping it all? No one is going to cover this without full collateral.


A little hostile but he has a point.


He is just being realistic. Nothing hostile about his post. He's not "attacking" me.
Barakach
Caldari Provisions
Caldari State
#6 - 2011-10-06 03:24:53 UTC
March rabbit
Aliastra
Gallente Federation
#7 - 2011-10-06 09:41:46 UTC
send me a message. can fill this loan.

The Mittani: "the inappropriate drunked joke"
Asymoney
R-ISK
#8 - 2011-10-06 13:45:54 UTC
You can count on me Bara, if you need isks
Barakach
Caldari Provisions
Caldari State
#9 - 2011-10-06 18:32:33 UTC
March rabbit and Asymoney should have the loan covered. If there an an opening with the current one, I will re-post.

I will have future loans for more money, but I'm still training and I want to "grown into" the market and not have a huge lump of money dropped on me.
Barakach
Caldari Provisions
Caldari State
#10 - 2011-11-06 17:19:51 UTC
I repaid March rabbit 11-6-2011 00:53 server time. Hair bit late to 11-5-2011, but I gave a 1mil bonus(166mil) anyway because I had high revenue. He should be posting soon. Asy started a day late, so later today.
Barakach
Caldari Provisions
Caldari State
#11 - 2011-11-06 20:55:41 UTC
I repaid Asy 166mil also.

I will mark this closed, but hopefully they will post in here soon.. :P