These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

[Filled] Bond offering - 12b@ 7%, multiple months

Author
Darrien Hawkins
Doomheim
#1 - 2012-12-16 08:01:07 UTC  |  Edited by: Darrien Hawkins
Bond Status:


Total amount available to the public: 0.0b
Total amount reserved for legacy investors: 0.0b
Total amount filled: 12b


About the investee:



--My previous offerings--

-Closed This was my first offering; I was unsuccessful in attracting investors.

- [Closed] [Filled] Fully Collateralized 2b bond, 9% 30 days This bond was filled entirely by BringNRain, Vaerah Vahrokha confirmed I returned the investment plus interest with an API check. The investor later confirmed that I returned the isk as well.
- [Closed] [Filled] uncollateralized 2b bond, 9%, 30 days This bond was filled by Makro SSRI via an in-game discussion. The investor confirmed that I returned the investment plus interest.
- [Closed] [Filled] Bond Offering - 5b @ 9% for two months This bond was filled by Blueprint Seller. The investor confirmed that I returned the initial investment plus interest in full.
- [Closed] [Filled] Bond Offering - 9b @ 8% for one month This bond was filled by Blueprint Seller and Irken Slushk. Both investors confirmed that I returned the initial investment plus interest in full.

--My Business--

I am a character trader, and have been trading characters actively for the past five months now.

--Why I am seeking an investment--

As with my previous bond, I am seeking additional isk to exploit any opportunities that may arise in the character bazaar. Over the last four months I have found that having about 20b isk on hand is ideal for the way I operate. 12b isk, combined with my current liquid isk would put me right where I want to be.

In addition to character trading, I plan on once again entering into station/regional trading, as I will have more time to devote to eve during the holiday season.


Assets, Liabilities, and Risks:



--Assets--

- 6.4b isk on hand

- Various t1, t2, t3 and faction ships; as well as a small stock of t1, t2, faction and DED modules. Estimated value: 7.2b isk

- One character with an estimated value of 14b isk.

- One character with an estimated value of 9b isk.

- One character with an estimated value of 9.5b isk.

--Liabilities--

- I owe no isk or assets informally

- I have no outstanding debt obligations here on MD

--Risks--

- From the investor perspective, there is the possibility that I will run with the isk. I could swear up and down that this isn't going to happen, but as this is an uncollateralized bond, the risk is there in the eyes of investors.

- There is a possibility that I loose all my isk; barring a catastrophic meltdown of the character market, this is nearly impossible however.

- There is the possibility that I die unexpectedly.


Bond Terms:



--Legacy Investors--

Legacy investors are investors of my previous offerings who have indicated that they would like to continue investing in my bonds. Legacy investors are granted a reserve period of 48 hours to decide if they would like to invest an amount equal to their last investment in my current offering. After the 48 hour period any reserved amounts will be offered to the general public, if not filled by the legacy investor.

List of legacy investors:

-Blueprint seller - 6b

--Initial Investment Period--

- Please invest in increments of 100 million isk. Other than that, there is no minimum or maximum limit on the size of an investment.

- The bond officially starts on the day I request that investors send funds.

- The interest rate of 7% will be paid every month on the start date of the bond, for as long as I hold the funds.

- All investors are guaranteed at least one months interest

--Cash Outs--

- If at any time you would like your initial investment returned to you, all you need to do is inform me. Your isk will be returned within 14 days (I request 14 days due to the nature of my business, however I will make every effort to cash you out as soon as possible)

- To keep things simple, interest will not be prorated in the event of a cash out.

--Expansion/Contraction/Termination--

- I may decide at some point to expand the bond; if this occurs all current investors will be notified at least 48 hours ahead of time.

- There may also come a time when I would like to shrink the size of the bond; if this happens, the policy will be "last in, first out", that is, the investors who have most recently invested in my bond will be the first to be cashed out.

- Finally, I may decide to end the bond at any time and cash all investors out (following all the guidelines laid out in this document)
Darrien Hawkins
Doomheim
#2 - 2012-12-16 08:01:49 UTC
Reserved for future use.
Darrien Hawkins
Doomheim
#3 - 2012-12-16 08:02:07 UTC
Reserved for future use.
Blueprint Seller
Bring Me Sunshine
#4 - 2012-12-16 08:10:44 UTC
Darrien Hawkins wrote:
List of legacy investors:

-Blueprint seller - 6b

I'll take my reserved 6b.

I'll also take the remaining 6b to make 12b if that's ok with you.
Darrien Hawkins
Doomheim
#5 - 2012-12-16 08:21:28 UTC  |  Edited by: Darrien Hawkins
Blueprint Seller wrote:
Darrien Hawkins wrote:
List of legacy investors:

-Blueprint seller - 6b

I'll take my reserved 6b.

I'll also take the remaining 6b to make 12b if that's ok with you.


Ok, that works for me. please send the full amount (12b) to me at your convenience.

The Official start date of the bond is 2012.12.16

The interest will be due on the 16th of each month.


It took more time to write the OP than it did to get the bond filled. Shocked
Blueprint Seller
Bring Me Sunshine
#6 - 2012-12-16 08:27:48 UTC
Isk sent
Darrien Hawkins
Doomheim
#7 - 2012-12-16 08:31:58 UTC  |  Edited by: Darrien Hawkins
Blueprint Seller wrote:
Isk sent


12b isk received from Blueprint Seller.

This bond is now filled.

He will receive his first months interest payment of 840 million isk on January the 16th, as well as a short report.