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Hi, please let me start by saying I pinched this IPO Plan from one that was put up by Hexxx in the wiki

ICQ Salvaging IPO Plan

• Chapter 1 - Summary of ICQ
• Chapter 2 - Background on origins/idea/current business
• Chapter 3 - Corporate Governance
• Chapter 4 - The Business Plan (either beginning or expanding)
• Chapter 5 - Statement of Assets
• Chapter 6 - Full Disclosure of Risks
• Chapter 7 - Full Disclosure of Main and Alts
• Chapter 8 - Exit Strategy
• Chapter 9 - IPO Phases, Dividends, Market Cap
• Chapter 10 - FAQ


Chapter 0 - Summary of me

Well to start with, I should give a summary of myself. I started playing Eve again about 3 days ago. After 24 hours I purchased my first month subscription. I have tried playing in the past but haven't been able to get past the first few hours. I think they have changed the way the tutorials work because I found myself much more understanding and able to grasp what was happening around me. Anyway, so being an industrial type person I completed all of the career agents over the past couple of days, all 10 of each of their missions and got to dabble in all kinds of bits and pieces. I have also started running Level 1 missions and feel pretty confident to move to Level 2. Making money has been slow with an average salary of maybe 700k/hour. With the cost of skill books and setting up new ships my wallet generally sits around the 400k mark. So I was lingering in the missions chat when I had a bit of a brain fart (that probably 1000 people before me have had). This leads us to:

Chapter 1 - Summary of ICQ

Simply put ICQ Salvaging is a Salvaging Corporation. The holder corporation CEO is "Reception". My character Spence will be joining a corporation (unknown which one yet) that is dedicated to mission running (l3 and l4). I will promote my services from within this largish corporation (80+ members) and take a portion of people's salvage/bounties as payment. I can already do this right now with my trusty Catalyst however one of the guys in the missions channel pointed out a dedicated ship, the sexy Noctis!. I checked the stats thinking it was a year of training away and lo and behold it's a single skill in Ore Industrial that I need (training as I write this). So I bought the skill but then I looked at the ship and it costs a whopping 98 million isk. I considered asking for handouts and decided against it, why not do a business offer?


Chapter 2 - Background on origins/idea/current business

I think I mentioned this in Chapter 1

Chapter 3 - Corporate Governance

Ok so I don't think there will be any governance. The offering will be for 200 million isk. Most any one person can invest is 30 million isk. I will hand out the shares in batches of 50 at 10 million each. There are 1000 shares in total in the corporation. I will pay out every week and payout will be for 25% of the Salvage Profit. 25% will go to myself as income and the remaining 50% will go back to the corporation for reinvestment. My grand plan is to have maybe 5 or 6 of these ships across different reaches of the galaxy so I can shuttle or jump clone (once I figure out jump clones) to get close to the mission runners quickly but for this business offering there will be one ship.



Chapter 4 - The Business Plan

I think I just answered part of this in Chapter 3 but here goes.

Short term

- Create alt character who creates a corporation called ICQ Salvaging (holding corp) Done
- Issue 1000 shares to investors
- Use my salvage character Spence to join mission running corporation
- Help with salvage with mission runners for a personal cut (haven't figured out the numbers here yet)

From what the mission guys were saying, salvaging a mission can net anywhere between 1-10 million isk. This may include loot however my services to corp members would include both loot and salvage if they liked with different arrangements (ie I keep salvage, hand over loot, split etc). Assuming this is correct I believe I will be putting in at least 5 hours a week towards salv/looting for members so assuming worst case I make 5 million a week off the 200m offering. For investors they get 25% of this or 1.25m. This constitutes .63% return on investment per week or 2.52% per month. I believe this is the absolute worst case scenario, I prefer to have people invest based on worst case rather than using inflated figures that I cannot commit to.

Long Term

- Share profit of cut, total of 75% transferred back to corporation with 25% to pay out and 50% to save and hopefully use to deploy more of these salvage ships across the galaxy
- Win Eve


[For someone who runs a business in real life I know this is probably about the worst business plan known to man however I thought I would give it a go]

Reception is the ALT I just created below

Just serviced my first customer in a level 3 mission. I haven't got the setup down pat yet and used a Catalyst however it most definitely proved fruitful with a 9,000,000 payment for services. For 1.5 hours this is superb. My minimum return estimate was 5m per week which has almost been doubled in a single short session.

Hopefully you guys can start buying shares or asking questions so I can get a real salvaging ship :) Please check my standings to see that I have actually been playing this game and done all of the things I said, and not just creating a random character to make a quick buck.

Hi Spence,

welcome to Eve. You remember me of how I started myself in a destroyer, salvaging missions for the 'older' guys. They really helped me get a good start in Eve. I'll get you started with your first 30M. If you don't get the isk together to buy a Noctis let me know and I might be able to help you a bit more.
A tip from a trader: look around where you can buy the ship and your equipment for a lower price then wherever you are flying. A Noctis in Jita is selling for about 89M.
Furthermore don't just salvage the mission bring the loot to Jita and sell it there (Jita usually has the best prices for buying loot as well). Don't carry too much with you, 50M value max, or someone might try to gank you. And when you find something valuable, look around to see if anyone is paying even more than the Jita price.

Good luck on your adventures in New Eden.

You sound like you have a pretty good plan. It's well thought out and you have done your research.

Contact me in game. Instead of doing a loan what I can do is set you up with a noctis and T1 and T2 equipment.

Also the main money making with salvage is manufacturing rigs, since anyone you sell your materials to is going manufacture with them why not do this yourself? So what I can also do is include some researched BPO's for rigs to help get you started in your career. You will have several extra days of training to do (production efficiency V is required) but you can simply hold off on selling your salvage goods for a week or two and make your isk with the modules dropped.

I may also be interested in buying up your meta 1 - 4 item drops in exchange of isk payout, saving you quite a bit of isk in taxes and time.

So yeah, I think this would be a pretty good opportunity for you, and hopefully for myself as well. I'll be on most of the day so send me a chat request and maybe we can work something out.


Nevermind, looks like you got all your funding.

I had some requests to show our bunny. Everyone meet EB

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-snc6/227090_10151227562792669_1741274665_n.jpg
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-ash3/531891_10151227565172669_459145772_n.jpg
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-snc6/10112_10151227564907669_2067797268_n.jpg

:)

I agree.

100M sent for posting badass bunny picture.

if you ever need someone to slavage missions for im farming up rep with this char and will let you salvage/loot everything in my lvl 4 missions. it is going to take me a week or so to get ready just add me as a contact in game. I am based in amar space though so its a bit of a journey to get to jita. also the person saying manufacturing the rigs is the way to go is correct. as long as it fits in your skill plan i would go that route as rig manufacturers are the people buying your salvage.

PS with the new mission changes i would not take a noctis into a lvl 4 mission until after the area has been cleared. you would get the aggro switched to you and die miserably.