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Request for Investment capital in a POS / PI Operation

Author
Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#1 - 2013-02-07 06:28:26 UTC  |  Edited by: Maxwell Terallis
Greetings MD.

I come to you today asking for an investment of 1 billion ISK for a Planetary Interaction / POS operation start-up.

Player History

I have played EVE Online on and off since 2006. During all of my time playing, I have never been interested in ship combat. My interest has been in the economic and manufacturing side of the game. In the last several play times, I have learned the basics of market trading, planetary interaction, and the setup and operation of a POS.

I had a character which had a decent amount of skill points, but I deleted it several years ago when I was away from the game for too long and wanted to start fresh. My current main character, Maxwell Terallis, has been training in skills that focus on covert operations, marketing, planetary interaction, and POS operation.

I will give full disclosure now and say I was a corporation member of Tash Murkon Prime Industries. I joined with Ji Sama on April 2, 2009, and left the corporation amicably on July 19, 2010. Those keeping track of dates will note I was not a corporation member in November 2010 when the questionable practices came up. This can be proven by looking at my employment history.

Motive

I have recently returned again to EVE Online because I know what I want to get out of this game, which is to be a part of the dynamic economy and experience a more hands-on approach to the creation of goods. That is where this investment request comes in.

Operation Plan

My plan is to start a medium tower POS in Lowsec and start up planetary manufacturing. I will use some of the planetary manufacturing to supply fuel to the POS, and the rest of the manufacturing will go into creating P2 – P4 resources. At the time of manufacture, I will analyze the current market conditions and decide if it is more profitable to sell P2, manufacture and sell P3, or further manufacture and sell P4. With the changing markets, it is not always possible to tell what choice will be the best one until the opportunity arises.

At the same time, I will set up a POS in the general area of the planets I am manufacturing on. This POS will be used for storage of planetary resources, protection for haulers feeding the POS fuel and moving planetary resources to market, and will serve as a secondary source of income from mining moon minerals. If the opportunity is available, I will create a second POS and start simple reactions.

Timeline

Once funding is secured, I will begin scouting lowsec systems, cataloging moon and existing POS placements, in order to find the optimum placement for a POS. Once located, I will survey the surrounding planets to find the best ones to place manufacturing onto. Once locations are finalized, I will purchase the necessary components for the POS, transport them to the system, and set up the POS. After the POS is secured and the force field is operational, I will start up manufacturing on the planets.

Workforce

Along with myself, I have one other friend (who I know in person) that will be assisting. He does not currently have an active account, but he has stated a slight twisting of his arm will bring him back. I am confident once funding is secure he will be a valuable asset. He has excellent hauling and mining experience which will be used initially on ice mining for POS fuel.

I am confident I will be able to recruit other players if necessary to handle hauling and POS refueling duties.

Experience

I have set up a medium POS in lowsec from start to finish. By this I mean I have purchased the components, delivered them to the destination system, assembled the components, powered them up, and finished with a fully functional POS. I calculated out all resources needed for continued power of the POS and set up a schedule to keep resources flowing to the POS. Funds for the initial setup were given from the corporation I was a member of at the time.

I have also set up an extensive planetary interaction network, with the necessary systems in place to manufacture Organic Mortar Applicators (P4) with consistent output.

I wish to set this up this scenario again, and with seed money from an investor, I can make it happen.

Costs

Through my research, I have determined the cost to start up a medium Caldari POS is approximately 400 million ISK. This amount covers component costs and starting fuel amounts. A manufacturing setup for ten planets is approximately 60 million ISK. I have left a buffer of 540 million ISK for new and potential replacement ship purchases, possible fuel purchases, and potential expansion costs.

Risks

As with any investment, there are risks inherent in this operation. While operating in lowsec, there can be unforeseen circumstances, such as piracy, wars, and other acts of aggression. These incidents can hinder or destroy profitability. I believe having a POS in place and using stealth modules for cargo transport can minimize this risk.

Another risk is the fluctuation of market prices. Items may not sell for as much as I would like them to, causing lower profit margins and possible losses due to lack of revenue to maintain POS operations. I believe with my experience and past operation of both a POS and planetary industry I can minimize this risk as well.
Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#2 - 2013-02-07 06:28:50 UTC  |  Edited by: Maxwell Terallis
Revenue

Once the operation is completely set up, revenue will be dependent on the types of resources we are selling, the current market prices, and the demand of those resources in the universe. I know I can generate a profit and at the very least pay pack this initial investment, but I cannot give a timeline, due to the changing costs of resources. I will be in constant communication with the investor so they can know exactly how the operation is going. Once repayment of the investment is done, I may consider stock investment opportunities to further grow the operation and share in the profits.

NAV

It was asked below what my NAV is.

After running jEveAssets, my total NAV is 990m .

439m in assets, and 551m in the bank.

Conclusion

My API key is available if required for any serious investor to substantiate my corporation history, character skills, or any other information you may require. I hope I can find an investor that wishes to help me realize my goal to get into this market. I have put the pieces into place before, and I know I can do it again. Thank you very much for the time you have taken to read my proposal.
Arronicus
State War Academy
Caldari State
#3 - 2013-02-07 06:50:43 UTC
Have you
a) scouted out a/multiple viable systems, with a good array of PI?
b) looked into the tax rates of POCOs in system?
c) scanned moons in said systems, and analyzed potential value of AVAILABLE moon minerals?
d) considered wormhole space instead, due to inherent problems with lowsec?

I, as I'm sure many others will be, am skeptical of the viability, or return of value on having the POS. Any moon that has goo that will pay for the pos fuel will probably already be taken, and a station should serve the PI needs just as well =/

Additionally, planets in lowsec are worse than 0.0/w-space for PI
Ji Scama
Doomheim
#4 - 2013-02-07 06:58:45 UTC
Maxwell Terallis wrote:
I come to you today asking for an investment of 1 billion ISK for a Planetary Interaction / POS operation start-up.

I have played EVE Online on and off since 2006. My interest has been in the economic and manufacturing side of the game. In the last several play times, I have learned the basics of market trading, planetary interaction, and the setup and operation of a POS.


you say 1 billion but more than half is buffer. your are almost 4 yearsold. if your interest has been the economic and manufacturing side of the game, and you are now in need of a mere few hundred million isk to set up a pos, you must be pretty crap at making ISK, right?

if you couldnt get it up to 500 million over the past four years, why anyone would invest in you now??


Maxwell Terallis wrote:
During all of my time playing, I have never been interested in ship combat.


what is tears alliance all about, then?? why join them?


and why didnt you start finding a location already?? you dont need the isk first to do that. seems pretty lazy to me.

also, 400 + 60 + 640 million is 1.1 billion isk not 1 billion is. l2math!
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#5 - 2013-02-07 07:00:47 UTC
sorry for the distraction, but wouldn't it be funny if DUST has PI bumpers, that moved all your nodes around to get ppl mad. anyway just a thought

onto 'the offer'

1) what is your NAV
2) like arroncus said wh is way better for pi, but :scanning:
3) assume any & all valuable moons are gone, there is a few "break even/help pay the cost" moons though.
4) you dont need a pos, just log the cloaky hauler off in space, why add "**** you don't need" to the equation?

what is your main, this is your first post, its only a bill so ima not bust your balls so much.

if you dont get funded, just take a hauler into lowsec & log it off, having a no pos is no risk, when ull' likely be ganked at a poco anyway, and no-wjhre near a pos.

also, would like pledge 20b

@JerryTPepridge

Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#6 - 2013-02-07 07:07:57 UTC
Arronicus wrote:
Have you
a) scouted out a/multiple viable systems, with a good array of PI?
b) looked into the tax rates of POCOs in system?
c) scanned moons in said systems, and analyzed potential value of AVAILABLE moon minerals?
d) considered wormhole space instead, due to inherent problems with lowsec?

I, as I'm sure many others will be, am skeptical of the viability, or return of value on having the POS. Any moon that has goo that will pay for the pos fuel will probably already be taken, and a station should serve the PI needs just as well =/

Additionally, planets in lowsec are worse than 0.0/w-space for PI


I have not considered wormhole space, as from my experience that is more dangerous and unstable than utilizing lowsec. I want to be able to consistently get access to the sector I'm in, not have to worry about scanning down a wormhole, deal with the rats that live in wormhole space, or be concerned with the "opportunists" visiting wormhole space to gank non-combat haulers.

I stated in my initial proposal that I would not start scouting systems until a location is secure. I don't want to waste my time if I'm not going to have the capital to start the operation. I do have several systems in mind to look at initially, which I won't share for obvious reasons.

As for planets in lowsec worse than 0.0 / w-space for PI? I will simply say that is an opinion.

I am more than happy to take a verbal agreement with someone, put in the time to scout out locations, then have isk transferred once the investor is satisfied with my research. I have done it before, I know what I'm looking for and how to organize the data I receive to determine a good location.
Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#7 - 2013-02-07 07:29:18 UTC
I have no interest in responding to "Ji Scama". While there may have been **** that went down with that corporation, Ji Sama was nothing but a friend and good associate of mine. He taught me some very valuable lessons in the market, and I made isk for the corporation. I have no interest in acknowledging pettiness like this. If anyone wishes answers to questions "Ji Scama" has asked, feel free to ask them without this type of behavior and I'll be more than happy to answer them.

As for Jerry:

The last time I signed into EVE Online was over a year and a half ago. I'm afraid I have forgotten the definition of NAV. If you're referring to my current profitability, I just re-subbed 3 days ago. If you want to know assets and resources, I'm currently sitting with 500m isk, a prowler, a cheetah, and a couple of vigils.

Sure, wormholes can be better for PI. But I'm not trying to push into the best possible, with higher risks. I'm not looking to make it filthy rich, I want to contribute to the economy of the game, and have fun doing it. I want to make enough isk to be sustainable, and I believe with this investment I can get a nice operation setup that will bring in a steady income.

The moons are a secondary revenue source for having a POS active. I figure if I'm going to have a POS for the other reasons I listed, I might as well make isk from resources I can pull from it.

No, I wouldn't need a POS to simply log out in space. But I listed the reasons for using a POS. It's not just for protection.

As for what my main is - this is my main. I have posted plenty on this account. While I cannot tell you why looking for previous posts on this forum is returning zero results, a quick search for Maxwell Terallis at eve-search.com will show you all the posts I have made in the past.

If I don't get funded, I will most likely attempt to join a corporation that has the funds to allow me to set up what I want. However, I am looking to do this myself, with my own corporation. I don't want to take the time to build up the bankroll necessary. I want to use the time I have no to implement this plan and get it started as soon as possible.
Claire Coffee
Coffee Inc
#8 - 2013-02-07 07:32:41 UTC  |  Edited by: Claire Coffee
Maxwell Terallis wrote:

I have not considered wormhole space, as from my experience that is more dangerous and unstable than utilizing lowsec. I want to be able to consistently get access to the sector I'm in, not have to worry about scanning down a wormhole, deal with the rats that live in wormhole space, or be concerned with the "opportunists" visiting wormhole space to gank non-combat haulers.


Not like I'm trying to discourage you, but most of previously said is correct.
W-space is a safer and better place to be especially for PI.

- Choose class smartly (there are breakdowns on which type of system is less / more visited / desired, choose an unpopular one but with better planets. Usually people evict for good statics with good planets, but not for good planets only)
- W-space is a -1.0 space, the most juicy space for PI.
- Scanning isn't that bad, you may try c3-low which isn't that much popular and still has decent logistics.
- there are much less opportunists in w-space, cause there are much less people going through.
- scanning down a system ensuring it has no incoming holes and keeping probe up to spot any new signature will make you nearly impossible to catch.
- In lower class w-space no one will drop a couple of caps on your stick and no one will war-dec you, since it's pointless.
- The most awesome people live in WH. Tonight I had an amazing person trying to kill my stabbed hole-rolling orca with a pilgrim, he retreated at half-armor Big smile
- W-space is gorgeous, especially c2 and c6. It's tranquil and meditative.
- W-space ships have most awesome names around. If you press a d-scan and see Lol-patrol, it's probably already too late, cause I'm locking you Big smile

EDIT: Get yourself a Wolf-rayet and hang out a Devoter at POS. People will avoid you like a plague, hehehe Big smile

In other words, low-sec needs a buff, cause there are nearly no PROs for it. Mostly CONs.

[b]DRINK COFFEE Do stupid things Faster with More Energy[/b]

Ji Scama
Doomheim
#9 - 2013-02-07 07:35:06 UTC
Maxwell Terallis wrote:
I have no interest in responding to "Ji Scama". While there may have been **** that went down with that corporation, Ji Sama was nothing but a friend and good associate of mine. He taught me some very valuable lessons in the market, and I made isk for the corporation. I have no interest in acknowledging pettiness like this. If anyone wishes answers to questions "Ji Scama" has asked, feel free to ask them without this type of behavior and I'll be more than happy to answer them.


i didn't mention anything about "Ji Sama" or tash murkon, good or bad. what behavior are you takling about?

are your saying i might have asked good questions, but you wont answer them just because of my name???! sounds sketchy

Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#10 - 2013-02-07 07:43:42 UTC
Ji Scama wrote:
Maxwell Terallis wrote:
I have no interest in responding to "Ji Scama". While there may have been **** that went down with that corporation, Ji Sama was nothing but a friend and good associate of mine. He taught me some very valuable lessons in the market, and I made isk for the corporation. I have no interest in acknowledging pettiness like this. If anyone wishes answers to questions "Ji Scama" has asked, feel free to ask them without this type of behavior and I'll be more than happy to answer them.


i didn't mention anything about "Ji Sama" or tash murkon, good or bad. what behavior are you takling about?

are your saying i might have asked good questions, but you wont answer them just because of my name???! sounds sketchy



Your name says it all.
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#11 - 2013-02-07 07:46:42 UTC
spoke to max in the lounge in game, he seemed nice, he already answered me in here so im not gonna change me post mate,

NAV is Net Asset value (how much your worth)

mining is for scrubs, at least u aren't doing that so +1

@JerryTPepridge

Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#12 - 2013-02-07 07:48:31 UTC
Claire Coffee wrote:
Maxwell Terallis wrote:

I have not considered wormhole space, as from my experience that is more dangerous and unstable than utilizing lowsec. I want to be able to consistently get access to the sector I'm in, not have to worry about scanning down a wormhole, deal with the rats that live in wormhole space, or be concerned with the "opportunists" visiting wormhole space to gank non-combat haulers.


Not like I'm trying to discourage you, but most of previously said is correct.
W-space is a safer and better place to be especially for PI.

- Choose class smartly (there are breakdowns on which type of system is less / more visited / desired, choose an unpopular one but with better planets. Usually people evict for good statics with good planets, but not for good planets only)
- W-space is a -1.0 space, the most juicy space for PI.
- Scanning isn't that bad, you may try c3-low which isn't that much popular and still has decent logistics.
- there are much less opportunists in w-space, cause there are much less people going through.
- scanning down a system ensuring it has no incoming holes and keeping probe up to spot any new signature will make you nearly impossible to catch.
- In lower class w-space no one will drop a couple of caps on your stick and no one will war-dec you, since it's pointless.
- The most awesome people live in WH. Tonight I had an amazing person trying to kill my stabbed hole-rolling orca with a pilgrim, he retreated at half-armor Big smile
- W-space is gorgeous, especially c2 and c6. It's tranquil and meditative.
- W-space ships have most awesome names around. If you press a d-scan and see Lol-patrol, it's probably already too late, cause I'm locking you Big smile

EDIT: Get yourself a Wolf-rayet and hang out a Devoter at POS. People will avoid you like a plague, hehehe Big smile

In other words, low-sec needs a buff, cause there are nearly no PROs for it. Mostly CONs.


Honestly, I would love to live in Wormhole space.

The plain fact is - I don't have any experience there. It's mostly combat-oriented, and as I've said, I have *zero* combat experience. I can't fight my way out of a wet paper sack. Wormhole space sounds like I would be constantly looking over my shoulder, wondering when the next bully is going to jump out from the shadows, and in a constant state of paranoia.

I ran a POS and did PI in lowsec for months. I'm comfortable enough with it that I can set it up again, and be confident that I can deliver on what I'm doing.

I want to thank you for your extremely detailed response. I may start venturing into W-Space, but it just makes me nervous when I am such a combat n00b.
Ji Scama
Doomheim
#13 - 2013-02-07 07:50:15 UTC
Maxwell Terallis wrote:
Your name says it all.


this name is from years ago. its not all about you. believe it or not, i did not make this name with a plan that in several years i would be posting in a begging thread from someone who once happned to be in tpmi

on the other hand, i see you edited your op to fix the basic math error you made, so i guess i am having a positive effect even if you are pretending not to care wht i say. glad i could help. no charge this time!!
Claire Coffee
Coffee Inc
#14 - 2013-02-07 08:00:44 UTC
Maxwell Terallis wrote:


Honestly, I would love to live in Wormhole space.

The plain fact is - I don't have any experience there. It's mostly combat-oriented, and as I've said, I have *zero* combat experience. I can't fight my way out of a wet paper sack. Wormhole space sounds like I would be constantly looking over my shoulder, wondering when the next bully is going to jump out from the shadows, and in a constant state of paranoia.

I ran a POS and did PI in lowsec for months. I'm comfortable enough with it that I can set it up again, and be confident that I can deliver on what I'm doing.

I want to thank you for your extremely detailed response. I may start venturing into W-Space, but it just makes me nervous when I am such a combat n00b.


w-space is the easiest place to avoid combat actually simply cause of mindset.
In low-sec when you see someone in local you never know if they're passing-by or living there or whatever. After a while you get soft for that and minding your own business.
In w-space when you see someone, something... even a freaking shooting star.. it's there after you. First it's stressful, but later on awareness is a second nature, besides no one (most likely) will sit and camp there for you, unless you fly recklessly a vindicator clearing low-class gas site from sleeper frigs.

I had a transit of one famous alliance in the neighboring hole, they shoooshed my prorator from the sweet high-sec :(
I had to stalk a little bit and pop'n'pod their hauler. The cargo was meh, but +5s made my day :-) That's what happens when you bully in w-space ;-)

[b]DRINK COFFEE Do stupid things Faster with More Energy[/b]

Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#15 - 2013-02-07 08:08:17 UTC
After running jEveAssets, my total NAV is 990m .

439m in assets, and 551m in the bank.
Razor Rocker
Super Mother Fan Club
#16 - 2013-02-07 14:54:05 UTC  |  Edited by: Razor Rocker
Jerry T Pepridge wrote:
sorry for the distraction, but wouldn't it be funny if DUST has PI bumpers, that moved all your nodes around to get ppl mad. anyway just a thought

onto 'the offer'

1) what is your NAV
2) like arroncus said wh is way better for pi, but :scanning:
3) assume any & all valuable moons are gone, there is a few "break even/help pay the cost" moons though.
4) you dont need a pos, just log the cloaky hauler off in space, why add "**** you don't need" to the equation?

what is your main, this is your first post, its only a bill so ima not bust your balls so much.

if you dont get funded, just take a hauler into lowsec & log it off, having a no pos is no risk, when ull' likely be ganked at a poco anyway, and no-wjhre near a pos.

also, would like pledge 20b


Because Pepridge didn't completely bash this idea, I don't trust you.

Claire is right in most points though, WHs are the place to do this. However you'll need your own POCOs, so expect to pay a lot more to get this going.
Xanthe Isgar
Doomheim
#17 - 2013-02-08 01:26:51 UTC
Maxwell Terallis wrote:
The plain fact is - I don't have any experience there. It's mostly combat-oriented, and as I've said, I have *zero* combat experience. I can't fight my way out of a wet paper sack. Wormhole space sounds like I would be constantly looking over my shoulder, wondering when the next bully is going to jump out from the shadows, and in a constant state of paranoia.


I was pissed when I joined a new corp and they moved into a WH 2 days later. As a new player, I felt alienated. Truth is, I was intimidated by what I had read about WH life. But, the corp I joined was VERY helpful in accommodating me and keeping me informed of how I could earn ISK inside the WH, even at such a low SP level.

Fast forward 2 weeks, and I'm knee-deep in WH life and loving it. Keep your scanner open and check it often. Honestly, I feel more safe inside the WH than in high-sec these days.
Claire Coffee
Coffee Inc
#18 - 2013-02-08 01:37:51 UTC
^^ qft

[b]DRINK COFFEE Do stupid things Faster with More Energy[/b]

Maxwell Terallis
Sebiestor Tribe
Minmatar Republic
#19 - 2013-02-08 01:55:55 UTC
Hey guys, thank you for the tips. I have had an interest in wormhole space, and perhaps it's time to start looking into it. I guess I'll start looking for a corp that is comfortable with wormhole exploration and start getting into it, then I can look into doing PI and POS construction.

I shall close this request and once again thank those who have given fair and rational advice.
Ji Scama
Doomheim
#20 - 2013-02-08 06:26:09 UTC
Maxwell Terallis wrote:
I shall close this request and once again thank those who have given fair and rational advice.

your welcome. sounds like you got a pretty good plan for the future out of this, despite a shaky start.