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1 Month Bond - 1b @ 12% interest [Finished]

Author
Bottybob
Doomheim
#1 - 2013-04-04 23:18:28 UTC  |  Edited by: Bottybob
Edit: 5/3/2013 5:40PM
This bond has finished. All money has been paid. Refer to post #20.

Hello MD,

I have returned after a few months of inactivity here. I was mainly out of game doing some things, but I came back every so often and toyed around on an alt and traded to secure my funds. I have come again because I decided to revisit the bond scene as my last bond was a nice success. It will be linked below if you wish to take a look (as well as my first attempted bond. It was silly but I am always going to show it as if I didn't I would be "keeping secrets" :v). This one is pretty simple, but a few things have changed as I have thought about new ways to try this out.

Asking for: 1 billion
Minimum Investment: 100m (Past this you can go up in increments of 10m. If 100m is a problem for you, talk with me and I can see if we can work something out.)
Interest: 12%
Duration: One month is the max, it will most likely be two weeks.
Start: When the bond is completely filled.
End: One month or when the goal of 1.5b is reached.
Collateral: There will be no collateral apart from the liquid isk I have on hand.

Terms: Investors may pull out early if they wish, and they will receive their principal plus an interest rate relating to the amount of time they stayed. I will use r = p(t * 0.4 + 1) for that, where r is the return, p is the principal, and t is the time in days. Once the bond finishes, all payments will be made with the principal plus the 12% interest.

I will not be providing API. My current NAV is 2.8b and I have around 900m in liquid assets, along with some items tied up in my manufacturing pipeline.

You may evemail me, message me when I am in game, or post here and I will reply as soon as possible. Hopefully this won't take too long to get off and I can start helping right away :).

(Also Forio I tried to contact you a while back but I never got a response, so sorry if you feel I didn't give you a first shot or something. I waited a while before doing it.)

Previous bonds:
500m @ 12% - https://forums.eveonline.com/default.aspx?g=posts&m=2452217
Attempted 3b @ 12% - https://forums.eveonline.com/default.aspx?g=posts&t=191687 (Ah we all learn from our mistakes :)

Investors - Amount Invested

SinTeryx - 500,000,000
Pinnel - 300,000,000
Blake Gates Heleneto - 200,000,000
Elizabeth Norn
Nornir Research
Nornir Empire
#2 - 2013-04-04 23:22:50 UTC
Bottybob wrote:
Collateral: There will be no collateral apart from the liquid isk I have on hand.


That is not collateral.
Bottybob
Doomheim
#3 - 2013-04-04 23:29:27 UTC
Elizabeth Norn wrote:
Bottybob wrote:
Collateral: There will be no collateral apart from the liquid isk I have on hand.


That is not collateral.


This is indeed true. I worded that wrong I guess, what I mean to say is there will be no collateral but I have 900m in liquid assets and items that are currently in my manufacturing pipeline can be liquidated. It is not collateral but it can be used to repay the billion borrowed if need be. Sorry for the confusion.
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#4 - 2013-04-05 04:55:02 UTC
If you are thinking of investing in this, you can gain better from buying BC's from sell orders & holding for a few months.

@JerryTPepridge

SinTeryx
Ministry of War
Amarr Empire
#5 - 2013-04-05 12:27:34 UTC  |  Edited by: SinTeryx
Hey Bottybob,

After the success of your last bond I will gladly reserve 500m in this bond if I could. I am currently in class and will send the isk when I get home in about an hour!

Sin

Edit: If I can scrape together the entire amount I would be happy to cover it fully (not sure I can but I sure will try :) )

These may as well be farts in the wind but I have had a few beers since the start of this thread.

OllieNorth
Recidivists Incorporated
#6 - 2013-04-05 17:39:46 UTC
Since Jerry apparently is passing on this one,

would like pledge 20b.
Bottybob
Doomheim
#7 - 2013-04-05 19:55:37 UTC
SinTeryx wrote:
Hey Bottybob,

After the success of your last bond I will gladly reserve 500m in this bond if I could. I am currently in class and will send the isk when I get home in about an hour!

Sin

Edit: If I can scrape together the entire amount I would be happy to cover it fully (not sure I can but I sure will try :) )


Alright, I have put you down for 500m. Let me know if you are able to invest more. I'll keep a look out for when I get it then confirm.

OllieNorth wrote:
Since Jerry apparently is passing on this one,

would like pledge 20b.


I'm pretty sure you are joking, as you can't pledge 20b to a 1b bond, but if you are serious you can cover the other 500m. Just let me know and send it, but if your just joking around then "haha".
Pinnel
Dos Pollos Hermanos
Ghosts from the Abyss
#8 - 2013-04-06 10:49:51 UTC
Hi OP

I`d like to pledge 300m.

Hope to hear from you soon.
Bottybob
Doomheim
#9 - 2013-04-06 22:20:32 UTC
Pinnel wrote:
Hi OP

I`d like to pledge 300m.

Hope to hear from you soon.


Sure thing! I will post when I receive it for confirmation.
Pinnel
Dos Pollos Hermanos
Ghosts from the Abyss
#10 - 2013-04-07 13:48:39 UTC
Bottybob wrote:
Pinnel wrote:
Hi OP

I`d like to pledge 300m.

Hope to hear from you soon.


Sure thing! I will post when I receive it for confirmation.



Money sent. Look forward to doing business with you.
Thanks
Bottybob
Doomheim
#11 - 2013-04-07 14:47:07 UTC
Pinnel wrote:



Money sent. Look forward to doing business with you.
Thanks


I have received it. Now all that is left is SinTeyrx's 500m and the empty 200m and then we can begin.
Blake Gates Heleneto
Science and Trade Institute
Caldari State
#12 - 2013-04-07 17:35:44 UTC
I would like to pledge the remaining 200 million. Will send it shortly as I am on my tablet at the moment.

Look forward to see how this works out.
Bottybob
Doomheim
#13 - 2013-04-07 17:50:50 UTC
Blake Gates Heleneto wrote:
I would like to pledge the remaining 200 million. Will send it shortly as I am on my tablet at the moment.

Look forward to see how this works out.


Alright I have put you down for the remaining 200m. I look forward to doing business with you, and I will post when I receive your pledge.
Blake Gates Heleneto
Science and Trade Institute
Caldari State
#14 - 2013-04-08 00:56:21 UTC
ISK was sent. My apologies, it took me longer than I thought to be able to get online.
Bottybob
Doomheim
#15 - 2013-04-08 02:15:04 UTC
Blake Gates Heleneto wrote:
ISK was sent. My apologies, it took me longer than I thought to be able to get online.


I confirm I have received it. No problem about it being late. Now we shall await Sinteryx's pledge and then we can begin.
SinTeryx
Ministry of War
Amarr Empire
#16 - 2013-04-08 12:39:23 UTC
Hey Bottybob,
I am very sorry I never sent the ISK. Had some serious real life business come up and was out of town for the weekend. ISK will be sent in the next hour or so.

Sin

These may as well be farts in the wind but I have had a few beers since the start of this thread.

Bottybob
Doomheim
#17 - 2013-04-08 19:14:29 UTC
SinTeryx wrote:
Hey Bottybob,
I am very sorry I never sent the ISK. Had some serious real life business come up and was out of town for the weekend. ISK will be sent in the next hour or so.

Sin


No worries, I know the feeling.
SinTeryx
Ministry of War
Amarr Empire
#18 - 2013-04-08 20:03:20 UTC
ISK has been transfered Bottybob! Good luck with the bond :)

Sin

These may as well be farts in the wind but I have had a few beers since the start of this thread.

Bottybob
Doomheim
#19 - 2013-04-08 20:05:32 UTC
SinTeryx wrote:
ISK has been transfered Bottybob! Good luck with the bond :)

Sin


I confirm I have received it. I will be sending a mail to all investors with more information shortly. Thank you all.
Bottybob
Doomheim
#20 - 2013-05-03 21:29:13 UTC  |  Edited by: Bottybob
The bond has been completed and all money due has been paid.


(In case anyone is wondering why only 11 million is left, I keep most of my money in my corp wallet. The 11 million is money available for CSPA rates and any other quick things.)

A mail was sent to all investors and they should hopefully also post confirming their receipt. If there are any problems let me know.

(PS: The extra 3 was an accident, my finger hit enter somehow.)
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