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[Completed] ~1.5B bond, 5% interest, 1 month duration, fully collateralized

Author
Elizabeth Norn
Nornir Research
Nornir Empire
#1 - 2013-02-27 13:57:24 UTC  |  Edited by: Elizabeth Norn
About myself and why I'm requesting this bond

I've come back from a multi-year break, been playing again for about a month now and I'm looking to make money. I'm mainly a contract trader, I hunt down contracts that I'm able make a profit on and resell the contents. I do a little station trading, which is something I would like to expand on soon and last week I purchased Loyalty Points from another player (https://forums.eveonline.com/default.aspx?g=posts&m=2665072).

I have recently acquired three T1 ship BPOs and I've been researching their PE while I decided what to do next. Reading MD and a suggestion from a friend has inspired me seek an investor that can add value to my BPOs while providing capital I can use to continue earning profit with.

Collateral

I will be providing full collateral in the form of T1 ship BPOs. These will be the following:-

Dominix Blueprint - 50 ML / 0 PE
Cyclone Blueprint - 3 ML / 0 PE
Hurricane Blueprint - 0 ML / 0 PL

Terms

Total bond size: 1.5b
500m ISK minimum investment
Interest rate: 5% paid at the end of the bond.
Duration: 1 month starting from when the bond is filled.
As I would like for the BPOs to be researched, one investor will need 3 open research slots.


Assets

EveHQ estimates my NAV to be 39.8b, not including around 350m I have in outstanding contracts or my characters, of this 13.6b is liquid ISK, 2.8b is in sell orders, 900m is in escrow for buy orders and 4.2b is in assets that will be sold within the week. A fair amount of my assets are in PVE ships that are rarely used, but I would like to keep for a rainy day. I also have a several billion worth of assets in null security space that need to be sold, but since my alliance is on deployment it's not the best time for that.

Characters I own:

Account 1:-
Elizabeth Norn (market and industry character) - http://eveboard.com/pilot/Elizabeth_Norn
Arthiuz (lazor carebear)

Account 2:-
Edward Mungrelson (main)

Risks

In game: I don't haul anything of value myself, only a few million Tritanium or a couple hundred Mexallon when my forget to amend a spreadsheet. I use public courier contracts, mostly posting my contracts in the "Haulers channel", with adequate collateral to cover the worth of the contents.

IRL: I don't foresee myself quitting again, both accounts have 3 months of game time, and I have several PLEX I intend to use to extend this when necessary. While I don't see any reason I would need to, I have assets I'm able to liquidate to repay the bond, in addition to the collateral.

FAQ:

Q: May I have your API key?
A: Yes, if you are interested please say so in the thread or Evemail me with what you would like included.

Q: Pre-pledge 20b.
A: That's not a question.

Q: What's your favourite cocktail?
A: Coffee, beer, half a rectangle and a couple of full collatorols. Shaken, not trolled.
Lord Wickham
Pator Tech School
Minmatar Republic
#2 - 2013-02-27 14:01:06 UTC
since when does domi cyclone hurricane bpo add up to 1.5bil collateral? your 500mil short at least.
Candy Oshea
Techfree Investment Group
#3 - 2013-02-27 14:24:10 UTC
Lord Wickham wrote:
since when does domi cyclone hurricane bpo add up to 1.5bil collateral? your 500mil short at least.


tl:dr the recent patch, CCP seems to have stealthfully (not in patch notes) increased the NPC Seed value of the battlecruiser prints. since typically collateral is valued at NPC, 1.5 against that seems perfectly reasonable to me, go ahead an check eve central for the seed prices, (non player)

you can also see the same trend with cruiser BPOs, frigates, mining barges.

Good luck Liz

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!

Claire Coffee
Coffee Inc
#4 - 2013-02-27 14:32:22 UTC  |  Edited by: Claire Coffee
Elizabeth Norn wrote:

Q: What's your favourite cocktail?
A: Coffee, beer, half a rectangle and a couple of full collatorols. Shaken, not trolled.


you still owe me 50 mill! P (It's a space ransom and doesn't drop any shadow on this bond!)

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

Blueprint Seller
Bring Me Sunshine
#5 - 2013-02-27 15:14:16 UTC
I'll take this.
Tom Hagen
Twilight Empire
#6 - 2013-02-27 15:19:04 UTC
With out logging in and checking price.. An item isn't worth more then what another player are ready to pay for it.

A couple of weeks ago Jita sell on Cruiser BPO's was far below the NPC price.
There was a number of players who decided to buy BPO's pre-patch on speculation. All of those people has a lot of ISK tied up in assets that they are trying to liquidate. The fact that they bought the BPO's so cheap means they can sell it far below current NPC price.
If you aren't ready for a really long term investment valuating the BPO's at NPC price can come back and bite you in the rear.

As stated in the first sentence, I haven't checked on the market for any real value on BC BPO's or lately Cruiser BPO's.
But my guess is that it already exist a player owned stock that will take quite some time to get rid of.
Blueprint Seller
Bring Me Sunshine
#7 - 2013-02-27 15:26:31 UTC
Elizabeth Norn wrote:
As I would like for the BPOs to be researched, one investor will need 3 open research slots.

Contract me the collateral for 1.5b anywhere in the forge and let me know the specific research you need done on each BPO.
Elizabeth Norn
Nornir Research
Nornir Empire
#8 - 2013-02-27 16:57:07 UTC
Blueprint Seller wrote:
I'll take this.

Blueprint Seller wrote:
Elizabeth Norn wrote:
As I would like for the BPOs to be researched, one investor will need 3 open research slots.

Contract me the collateral for 1.5b anywhere in the forge and let me know the specific research you need done on each BPO.


I have just contracted the collateral and sent a mail regarding research. Thanks for filling this.

Bond filled.
Blueprint Seller
Bring Me Sunshine
#9 - 2013-02-27 17:18:57 UTC
Elizabeth Norn wrote:
I have just contracted the collateral and sent a mail regarding research. Thanks for filling this.

Bond filled.

Contract accepted.
Blueprint Seller
Bring Me Sunshine
#10 - 2013-03-30 09:03:27 UTC
Contract up exchanging collateral for 1575m.
Blueprint Seller
Bring Me Sunshine
#11 - 2013-03-30 14:43:29 UTC
Loan complete.
Alex Grison
Grison Universal
#12 - 2013-03-30 15:20:44 UTC  |  Edited by: Alex Grison
Can I have a cocktail?

I would also like to point out that half a rectangle. Is still a rectangle.

yes