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New Eden Trade Group seeking fully collateralized loans (CANCELLED, for now)
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The Fukuzawa
Doomheim
#1 - 2013-04-27 22:49:24 UTC  |  Edited by: The Fukuzawa
OFFER CANCELLED DUE TO UPCOMING PATCH

AttentionIN AN EFFORT TO FOLLOW FORUM RULES ALL TROLLING WILL BE IGNOREDAttention


Ideal terms of loan:

-2% monthly return on principle
-3 week length, with the possibility of options to extend 2 weeks at the end of original term
-Collateral to be held by lender after negotiating value of collateral. Most items used as collateral are valued above 1 billion isk in Jita (ideally collateral is to be held by lender because of cancellation options mentioned below)

Cancellation option specifics:

-Lender has the right to cancel loan and recover isk at any time without penalty
-NETG also has the right to cancel loan and recover collateral at anytime, however if we cancel a loan we are obligated to pay all interest owed per terms of original loan agreement, or extension agreement.

AttentionOf course, all terms are negotiable.Attention



Current list of offered collateral:

*Carriers are entry level cap ships that will always have high demand; many players have the similar goal of piloting one.

13 chimera, all located in major hub regions
10 thanatos, all located in major hub regions
4 nidhoggur, all located in major hub regions
3 archon, all located in major hub regions
2 obelisk, high sec
2 providence, high sec1 charon, high sec
1 fenrir, high sec



QuestionFAQQuestion

QuestionRegarding established lenders: We currently are not interested in taking loans with any established lenders because their terms are not ideal for our current business operations. We feel it is not inappropriate for us to seek private lenders because we offer full collateral for isk.

QuestionRegarding business plan:We are manufacturers/traders, most isk is used to fund operations within highsec regions. Liquid isk is key to our strategies being successful. We do not like competition and will try to hold our cards as close to our chests as possible. That said, we understand transparency is crucial for a successful business relationship.

QuestionRegarding API:There will never be one released. The reasons for this are many, but the most prominent is protecting our market gems (items we trade with little competition) and protecting the identity of our manufacturing and logistics wing to avoid war decs. Also, we offer full collateral for lender's isk, and do not feel it is necessary.

Question[b]Regarding screenshots: [/b]We will not take the time to release any screen shots. Reason being is screenshots can be edited effectively with Microsoft paint and are of no value.

QuestionRegarding NAV: I'm not going to bother posting numbers because there is no way to prove they are correct.



Please contact me if you have any further questions.

Thank you,

The Fukuzawa
CEO
New Eden Trade Group

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Dood Toon
Liberate to te Me
#2 - 2013-04-27 23:30:49 UTC  |  Edited by: Dood Toon
not to troll or anything, but if you dont mind me asking...

if I click your name in order to look at previous forum posts it leads me to an another "The Fukuzawa" (Doomheim). Is that an error? Are you the same guy as this one ->
http://forums.eveonline.com/default.aspx?g=posts&m=2443788#post2443788 ?

even if you re-created a new character with the same name, why does it still show the forum history of a different toon (evne if same person)?
The Fukuzawa
Doomheim
#3 - 2013-04-27 23:37:24 UTC  |  Edited by: The Fukuzawa
Dood Toon wrote:
not to troll or anything, but if you dont mind me asking...

if I click your name in order to look at previous forum posts it leads me to an another "The Fukuzawa" (Doomheim). Is that an error? Are you the same guy as this one ->
http://forums.eveonline.com/default.aspx?g=posts&m=2443788#post2443788 ?

even if you re-created a new character with the same name, why does it still show the forum history of a different toon (evne if same person)?


Fair question. I did recreate this character on another account because i prefer to have my manufacturing toons and trade toons seperate. I didnt want to pay the fee to do the transfer, im a cheapass.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Blueprint Seller
Bring Me Sunshine
#4 - 2013-04-28 06:58:20 UTC
The Fukuzawa wrote:

-2% monthly return on principle
-3 week length, with the possibility of options to extend 2 weeks at the end of original term

Generally, investors that will accept low returns want a longer duration of loan. 2% for 3-5 weeks is barely worth the mouse clicks.

I get the impression that you are selling a product for which there is no demand. Not the usual approach of a trader.

The Fukuzawa wrote:

2 obelisk, high sec
2 providence, high sec
1 charon, high sec
1 fenrir, high secp.

The value of these items has been in steady decline for the last two months, in the case of the Charon that decline has been severe. What value can you put on these items as collateral that does not expose either you or your investor to risk?

The Fukuzawa wrote:
QuestionRegarding established lenders: We currently are not interested in taking loans with any established lenders because their terms are not ideal for our current business operations.

It would seem that getting an "established lender" to provide you with a line of credit where you can swap collateral in and out over time would be the ideal solution for you. Sadly you will not get that for 2% and with volatile collateral.
The Fukuzawa
Doomheim
#5 - 2013-04-28 11:15:25 UTC
Blueprint Seller wrote:
The Fukuzawa wrote:

-2% monthly return on principle
-3 week length, with the possibility of options to extend 2 weeks at the end of original term

Generally, investors that will accept low returns want a longer duration of loan. 2% for 3-5 weeks is barely worth the mouse clicks.

I get the impression that you are selling a product for which there is no demand. Not the usual approach of a trader.

The Fukuzawa wrote:

2 obelisk, high sec
2 providence, high sec
1 charon, high sec
1 fenrir, high secp.

The value of these items has been in steady decline for the last two months, in the case of the Charon that decline has been severe. What value can you put on these items as collateral that does not expose either you or your investor to risk?

The Fukuzawa wrote:
QuestionRegarding established lenders: We currently are not interested in taking loans with any established lenders because their terms are not ideal for our current business operations.

It would seem that getting an "established lender" to provide you with a line of credit where you can swap collateral in and out over time would be the ideal solution for you. Sadly you will not get that for 2% and with volatile collateral.




Regarding your first point, we have done many deals under the above mentioned terms.

Your second point, there will always be a high demand for carriers, they are entry level cap ships. Piloting a carrier is a goal of many players. There will always be demand for freighters, its obvious why.

Regarding decline in values, I'm willing to bet you 5 billion isk that values will not decline much more, and will increase shortly, are you interested?

I dont understand why you bothered to say anything about established lenders.


! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Blueprint Seller
Bring Me Sunshine
#6 - 2013-04-28 11:28:44 UTC
Blueprint Seller wrote:
What value can you put on these items as collateral that does not expose either you or your investor to risk?

I only asked one question and I was hoping for a numerical response.
The Fukuzawa
Doomheim
#7 - 2013-04-28 11:46:23 UTC  |  Edited by: The Fukuzawa
Blueprint Seller wrote:
Blueprint Seller wrote:
What value can you put on these items as collateral that does not expose either you or your investor to risk?

I only asked one question and I was hoping for a numerical response.


I'm not trying to be an *******, but is this a serious question? There will always be risk. If I get too little isk for my collateral the "investor" could fire sale the items and turn a profit. If the "investor" gives me too much isk for the collateral I could run with the money. There is no numerical response that does not expose either parties to risk.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Blueprint Seller
Bring Me Sunshine
#8 - 2013-04-28 12:30:47 UTC
The Fukuzawa wrote:
13 chimera, all located in major hub regions
10 thanatos, all located in major hub regions
4 nidhoggur, all located in major hub regions
3 archon, all located in major hub regions
2 obelisk, high sec
2 providence, high sec
1 charon, high sec
1 fenrir, high sec

So if I were to extend you a loan with these as collateral, what would the value of my loan be?
The Fukuzawa
Doomheim
#9 - 2013-04-28 17:46:18 UTC  |  Edited by: The Fukuzawa
Value of collateral is negotiable, but obviously I want as much isk for my collateral as possible. Deal specifics need to be discuss privately.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Sabre Rolf
Doomheim
#10 - 2013-04-28 18:02:34 UTC  |  Edited by: Sabre Rolf
The Fukuzawa wrote:
Value of collateral is negotiable, but obviously I want as much isk for my collateral as possible

actually, collateral should have the value of the investment, otherwise its not a collateral Lol
The Fukuzawa
Doomheim
#11 - 2013-04-28 18:19:36 UTC
Sabre Rolf wrote:
The Fukuzawa wrote:
Value of collateral is negotiable, but obviously I want as much isk for my collateral as possible

actually, collateral should have the value of the investment, otherwise its not a collateral Lol


Some players are comfortable with 90% others prefer 110%.

You need to look into the meaning of collateral. In game and in real life it is not always the exact value of an investment.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Blueprint Seller
Bring Me Sunshine
#12 - 2013-04-28 18:25:20 UTC
The Fukuzawa wrote:
Value of collateral is negotiable, but obviously I want as much isk for my collateral as possible. Deal specifics need to be discuss privately.

You want to borrow some isk but you refuse to tell me how much unless in private?
The Fukuzawa
Doomheim
#13 - 2013-04-28 19:05:59 UTC  |  Edited by: The Fukuzawa
Blueprint Seller wrote:
The Fukuzawa wrote:
Value of collateral is negotiable, but obviously I want as much isk for my collateral as possible. Deal specifics need to be discuss privately.

You want to borrow some isk but you refuse to tell me how much unless in private?




Yes, the terms of all deals we do are negotiable, so we require confidentiality. I understand we dont operate to the Market Discussion standard, but it is what it is.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Caleb Ayrania
TarNec
Invisible Exchequer
#14 - 2013-04-28 19:26:51 UTC
This thread reads more as a conditional selling, than an actual loan request.

There is a reason why MD usually use and offer 3rd party collateral holding.

You can get your loan, and lock down collateral at a valuation usually around 200% using current prices. Negotiable with very low volatile collateral items ofc. If you default you loose the collateral. If you repay or keep your interests payouts the collateral will always remain yours, and you are usually free to renegotiate changing the collateral. This last part is a rather underutilized option in many loans to the best of my knowledge.

You should always state the size of your requested loan in these posts, otherwise your potential investors have no way of noticing your offer, and comparing them to their current level of investment.
The Fukuzawa
Doomheim
#15 - 2013-04-29 06:51:22 UTC  |  Edited by: The Fukuzawa
Caleb Ayrania wrote:
This thread reads more as a conditional selling, than an actual loan request.

There is a reason why MD usually use and offer 3rd party collateral holding.

You can get your loan, and lock down collateral at a valuation usually around 200% using current prices. Negotiable with very low volatile collateral items ofc. If you default you loose the collateral. If you repay or keep your interests payouts the collateral will always remain yours, and you are usually free to renegotiate changing the collateral. This last part is a rather underutilized option in many loans to the best of my knowledge.

You should always state the size of your requested loan in these posts, otherwise your potential investors have no way of noticing your offer, and comparing them to their current level of investment.



The standard terms of trusted 3rd party escrow service providers and the ideal terms of our bonds differ significantly. As far size of requested loan, if a potential investor cant look at the collateral offered and have a general idea of how much isk we are seeking, we dont want to work with them.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Princess Saskia
Hyperfleet Industries
#16 - 2013-04-29 09:14:04 UTC
Sounds like this offering is going places.

 ♥ 
Manny Moons
University of Caille
Gallente Federation
#17 - 2013-04-29 14:21:41 UTC
I am not in a position to invest, and I don't intend this question to crap on the OP's thread or take it too far off topic. So if nothing else consider this a bump.

My question is this: If OP needs liquid ISK, and has valuable items for collateral, then why not sell the items at market value, rather than paying interest on a loan? It isn't as if they can't be re-acquired or replaced later. This isn't a criticism of the offer, but a sincere question to which I'd be very interested in hearing the answer.
The Fukuzawa
Doomheim
#18 - 2013-04-29 17:30:25 UTC  |  Edited by: The Fukuzawa
Manny Moons wrote:
I am not in a position to invest, and I don't intend this question to crap on the OP's thread or take it too far off topic. So if nothing else consider this a bump.

My question is this: If OP needs liquid ISK, and has valuable items for collateral, then why not sell the items at market value, rather than paying interest on a loan? It isn't as if they can't be re-acquired or replaced later. This isn't a criticism of the offer, but a sincere question to which I'd be very interested in hearing the answer.



We manufacture/acquire some items faster than we can sell them for the highest possible value. So an inventory of some items builds up. Rather than having these items sit in our inventories, or fire selling, we prefer to use the items as collateral and pay a small amount of interest until we liquidate what is already on the market.

Sale prices for the above mentioned items are currently on the low, but an upswing is coming.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
Manny Moons
University of Caille
Gallente Federation
#19 - 2013-04-29 17:57:26 UTC
The Fukuzawa wrote:
We manufacture/acquire some items faster than we can sell them for the highest possible value. So an inventory of some items builds up. Rather than having these items sit in our inventories, or fire selling, we prefer to use the items as collateral and pay a small amount of interest until we liquidate what is already on the market.

Sale prices for the above mentioned items are currently on the low, but an upswing is coming.

So part of your business model is speculation.
The Fukuzawa
Doomheim
#20 - 2013-04-29 18:00:07 UTC  |  Edited by: The Fukuzawa
Manny Moons wrote:
The Fukuzawa wrote:
We manufacture/acquire some items faster than we can sell them for the highest possible value. So an inventory of some items builds up. Rather than having these items sit in our inventories, or fire selling, we prefer to use the items as collateral and pay a small amount of interest until we liquidate what is already on the market.

Sale prices for the above mentioned items are currently on the low, but an upswing is coming.

So part of your business model is speculation.


All of that was directed at answering your question.

! ! ! New Eden Trade Group is paying monthly interest to investors, contact me if interested ! ! !

If you already assume we are scammers without looking at what we offer objectively, go ahead and F*** off.

Thank you, that is all.
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