Market Discussions

First.

Nice article. Good reading.

A well written and informative piece VV, thank you for this. Of particular import in my opinion is page two which anyone thinking of publishing a bond or IPO offer should read, especially topic number one. All my bonds were written days or weeks prior to publishing and in some cases a rough draft was provided to interested parties prior to public posting in an effort to provide a polished prospectus.

I would also add for us in MD that how you compose yourself in your thread against inevitable criticisms, flames and even compliments goes a long way in projecting assurance that you are willing to see the bond through to the end through possible hardships that may come up. Bringing a professional manner to a bond can win through some criticisms and flames that may otherwise burn a prospectus before it launches.

Again, great work Vaerah

First of all thank you a lot for the positive feedback! Rykker <3

Next I am going to write another little article about collateral holding and so on.





The auditing fee is variable. It depends on the number of auditee posts, on how many accounts he got and on the kind of audit required and on other variables, including the data gathering time. The same performance audit done on a guy flipping 20 orders a day will involve different programs and work and multiple sessions a day compared to a guy flips 2000 orders a day.

If there are some additional documents (estimating T2 BPOs profitability, checking T3 profitability) it changes again.
If there are alts to park somewhere and manage a corp, it changes again.
Basically there's no "one size fits all".

The time spent: from some hours to 4 weeks. Of course a 4 weeks audit is going to cost somewhat more than a 10 hours standard one.

About multiple accounts: as described in the linked article, I don't consider it a valid audit unless all the accounts full APIs are provided. It's possible to game the "system" as is, let's reduce the unknowns as much as possible.

Luckily enough, there are exceptionally few guys able to hide specific transactions and to control their forum posting for years and make it impossible to detect that not all the alts APIs were provided.

Cross checking is a major task (something Mme Pinkerton excels at btw), it's why it's a deciding factor in calculating auditing fees.

Tbh I was looking for as estimate like 50m to 200m, depending on the factors you've listed. Personally, I would not want to get into auditing for anything less than 100m per audit. One could even have a formula to calculate the estimate. Not that I'm likely to start auditing...

Can you maybe give us a range of how much you've charged for audits in the past?

I added a new article about Third Party Services.

I put the names of the guys I know and a standard procedure, if you find errors, inaccuracies or new names please feel free to suggest them.

Nit: remove the periods at the end of known third-party characters; they are not sentences. This is also because of the tendency of Eve corporations and alliances to re-form using a DOT at the end of their tickers and names; I suspect one day CCP will permit periods in character names.

MDD