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9 Billion Loan Request

Author
MicDeath Titan
No Mans Corp
#1 - 2013-12-06 05:30:24 UTC  |  Edited by: MicDeath Titan
I have decided to return to Eve online and am looking to restart my mining operations. When I left I had sold off everything and given just about everything away not expecting to come back till this summer. Well, plans changed and I suddenly find myself with a great deal of free time.

Requesting:9,000,000,000 ISK
Term:
  • Option A) 4 Months + 25% net profit per month *Requires filling full loan request*
  • Option B) 2 Months + 25% flat interest rate per month
  • Option C) 3 Months +10% flat interest rate per month and an Even split of 50% net profit.
  • Option D) 6 Months + 150% flat interest rate
  • Option E) 12 months + 300% flat interest rate

  • Details of the options:
    Option A) Only a single lender will be accepted for this. Net profit will be based the months total profit minus account plex costs.
    Option B) Flat rate is based on original principle. Total return: Principle + 50%
    Option C) 50% net goes to the borrower, and 50% goes to a pool to be split amongst the lenders.
    Option D) Total Return: Principle + 150% Payed at the end of term.
    Option E) Total Return: Principle + 300% payed at the end of term.

    Plan:
    Majority of the cost will be due to the reactivation of 12 accounts. Remainder of the funds will go to buying and fitting ships for the mining operation.
    Major ships costs will be: Rorqual, Orca, fleet of Procurers, and fleet of Retrievers.
    Any left overs after these purchases will be used to repurchase any lost ships.

    Primary source of income: ICE, secondary income: ORE

    Skills:
    Fleet booster) http://eveboard.com/pilot/Gray_Spike


    Mining Skills:
    Have mined in a deep null space that wasn't sov space. http://evemaps.dotlan.net/system/A2V6-6 to be exact.
    High sec mining I have achieved 97% efficiency of my max mining amount, this is also taking start up and shut down into consideration.
    Weekly income was at 6-7billion in high sec, and 8-9 billion during my stay in null sec.

    Loan minimum:
    1,000,000,000 (1 billion)

    Collateral:
    Due to be having nothing but a few hundred million isk, I cannot up put a collateral at this time.

    Risks:
    A) Somebody using a locator agent to find my high-sec operations (NOT in Empire space) and cause disruption thus slowing down my mining and lowering my mining efficiency.
    B) My nullsec operations get significantly disrupted due to nullsec. (those of you who live in nullsec know what I mean)
    C) I run off with your money.
    D) Market takes a major nose-dive.

    Plans to Avert Risks:
    A) I mine in a pocket high-sec area making it hard for griefiers to reach my location. Will deter most. Only Entrances are: A heavily gate camp null sec entrance, and a long strip of low sec filled with roaming pirates. I will mine in tanked barges. Primarily in procurers when dealing with suicide gankers, and retrievers when at peace. I will also fleet a cheap fleet so in any event that causes a total loss of the mining fleet, replacement is quick and cheap.
    B) Park the miners ships inside the Rorqual, JC back to high sec and continue mining once the Rorqual is parked at the nearby low sec system.
    C) I would rather build my name to make it easier to obtain future loans for bigger projects than to run away with isk that can be made back in under two weeks.
    D) Payments will still be made from the savings built up prior to the market nose-diving, and if worse comes to worse, open my wallet to spend on plexs to make repayments.

    EDIT: Details of Options: Option E) Total Return: Principle + 3000% payed at the end of term. --> Option E) Total Return: Principle + 300% payed at the end of term.
    Reason: Did not realize I added an extra Zero

    EDIT #2: Loan Amount changed; 12 billion --> 9 billion
    Reason: Need less amount after the RL cash infusion.
    MicDeath Titan
    No Mans Corp
    #2 - 2013-12-06 05:30:41 UTC  |  Edited by: MicDeath Titan
    Investors:

    -First-
    Rick: Real life cash infusion. $60 USD. Option chosen: C

    -Second-
    Darsec Tracer: 1.1billion. Option chosen: C

    -Third-
    Kithran: 1billion. Option chosen: C
    Vera Algaert
    Republic University
    Minmatar Republic
    #3 - 2013-12-06 09:57:37 UTC
    You could earn the loan principal back in 2 weeks but you are willing to pay interest for an entire year because....?

    .

    Varo Jan
    Caravanserai Consulting
    #4 - 2013-12-06 11:34:37 UTC
    MicDeath Titan wrote:


    Collateral:
    Due to be having nothing but a few hundred million isk, I cannot up put a collateral at this time.



    So what happened to the 1B you bid on a 51m SP toon? https://forums.eveonline.com/default.aspx?g=posts&t=302173

    Can't see this flying, even if you have an audit.
    Awkward Sanchez
    Awkward Honesty Inc.
    #5 - 2013-12-06 12:42:35 UTC
    Setsune Rin
    Ministry of War
    Amarr Empire
    #6 - 2013-12-06 12:53:10 UTC  |  Edited by: Setsune Rin
    the story sortof checks out, but 12b on a no history + no collateral loan?

    that isn't going to work, this is well outside the limits of where its worth the reputation hit to just walk away.


    i suggest you ask whomever you gave your stuff to to help you out
    Magnu Stormhawk
    #7 - 2013-12-06 16:50:48 UTC
    I don't even think this is a scam. I think you are just nuts.
    MicDeath Titan
    No Mans Corp
    #8 - 2013-12-06 16:59:46 UTC
    Varo Jan wrote:
    MicDeath Titan wrote:


    Collateral:
    Due to be having nothing but a few hundred million isk, I cannot up put a collateral at this time.



    So what happened to the 1B you bid on a 51m SP toon? https://forums.eveonline.com/default.aspx?g=posts&t=302173

    Can't see this flying, even if you have an audit.


    The day I can acquire a 51m sp toon for 1 bill is the day I have no problem throwing $30 at my screen, dance to a Justin Beiber song, and post the monstrosity on youtube.

    Vera Algaert wrote:
    You could earn the loan principal back in 2 weeks but you are willing to pay interest for an entire year because....?

    Some people want to earn more money, and I have no problem facilitating that.
    Varo Jan
    Caravanserai Consulting
    #9 - 2013-12-06 17:55:02 UTC
    MicDeath Titan wrote:
    Varo Jan wrote:
    MicDeath Titan wrote:


    Collateral:
    Due to be having nothing but a few hundred million isk, I cannot up put a collateral at this time.



    So what happened to the 1B you bid on a 51m SP toon? https://forums.eveonline.com/default.aspx?g=posts&t=302173

    Can't see this flying, even if you have an audit.


    The day I can acquire a 51m sp toon for 1 bill is the day I have no problem throwing $30 at my screen, dance to a Justin Beiber song, and post the monstrosity on youtube.

    Tsk, tsk. Getting arsey isn't going to help your case. Nor is avoiding the question. Nor is rising to the bait.

    If you didn't have the dosh to bid on a toon worth 13B, why did you make the opening bid? Because you were bored or wanted to help the OP - who turned out to be a scammy character?

    Not worth spending more time on this. It's either a straight scam or will become a scam due to inherent stupidity.


    MicDeath Titan
    No Mans Corp
    #10 - 2013-12-06 18:33:16 UTC  |  Edited by: MicDeath Titan
    Varo Jan wrote:
    MicDeath Titan wrote:
    Varo Jan wrote:
    MicDeath Titan wrote:


    Collateral:
    Due to be having nothing but a few hundred million isk, I cannot up put a collateral at this time.



    So what happened to the 1B you bid on a 51m SP toon? https://forums.eveonline.com/default.aspx?g=posts&t=302173

    Can't see this flying, even if you have an audit.


    The day I can acquire a 51m sp toon for 1 bill is the day I have no problem throwing $30 at my screen, dance to a Justin Beiber song, and post the monstrosity on youtube.

    Tsk, tsk. Getting arsey isn't going to help your case. Nor is avoiding the question. Nor is rising to the bait.

    If you didn't have the dosh to bid on a toon worth 13B, why did you make the opening bid? Because you were bored or wanted to help the OP - who turned out to be a scammy character?

    Not worth spending more time on this. It's either a straight scam or will become a scam due to inherent stupidity.



    My bad, I thought you were being sarcastic. Though I fail to see how I avoided the question.
    As to why I even made a bid at all? OP listed the opening Bid for 1bill, on a character worth, as you say, about 13bill, that is 1,200% return if I had won with the bid and the trade went through. I could have then flipped and sold the character for 13bill, which after the costs of plex and remaining funds added together, would come out to about 12bill.
    The revelation of the OP of the sale being a scammy person has no relationship to my bid.

    Anyhoo, that is unrelated to this forum topic. If you feel this loan request is a scam, you are free to ignore it and move on. You have voiced your concern about it being a scam, any further than that will start to build a case of trolling on your end, unless further inquiry pertains to this loan request and/or the validity therein.

    Magnu Stormhawk wrote:
    I don't even think this is a scam. I think you are just nuts.

    I am not nuts, I am Insane. I have more fun that way. :3
    Gedalva
    #11 - 2013-12-07 05:35:48 UTC
    Magnu Stormhawk wrote:
    I don't even think this is a scam. I think you are just nuts.


    I tend to agree with Magnu on this. If you are just starting back up and have no collateral why not structure this in stages and start with a few accounts and build from there or partner with a large production corp and have them fund some of this?
    flakeys
    Doomheim
    #12 - 2013-12-07 09:19:34 UTC
    Guy supposedly sells off all his stuff and gives it away , returns ONLY 3 months later and can't get anything back from the people he gave isk to.


    Sounds like you gave it to supposedly friends who now value your isk higher then your 'friendship' .





    Man that's gotta be a downer ....




    We are all born ignorant, but one must work hard to remain stupid.

    MicDeath Titan
    No Mans Corp
    #13 - 2013-12-07 09:41:56 UTC
    flakeys wrote:
    Guy supposedly sells off all his stuff and gives it away , returns ONLY 3 months later and can't get anything back from the people he gave isk to.


    Sounds like you gave it to supposedly friends who now value your isk higher then your 'friendship' .





    Man that's gotta be a downer ....






    Actually the situation is nothing like that.
    The reasoning behind my quitting was due to University work load that was going to be much higher than normal for both fall and spring. Turns out the work load was far too much and instead of keeping the heavy spring semester load, I changed things a bit to dramatically reduce the load.

    The people who I gave the isk/ships to I do not expect them to return to me, nor do I want them to, and I never asked them to. That is unfair to them, and is poor conduct.
    In any case, the loan request will remain open until filled or Jan 9 rolls around.

    If you want to make some money, grab a portion of the loan, the minimum is 1 billion.
    If not, simply carry on. :D
    Dvesk Sunie
    Doomheim
    #14 - 2013-12-07 10:49:20 UTC
    titan, pm me please with more details (all of them). i might do it

    Stop playing eve, start living it

    Nyx Na'gorg
    Doomheim
    #15 - 2013-12-07 20:27:13 UTC  |  Edited by: Nyx Na'gorg
    [UNIBA] is considering the loan request.

    We have a number of terms to be met before before both parties sign the contract:

    Solitude Coalition backs and co-signs the application bearing full financial responsibility for any defaults on the loan

    You will need to offer a full cost analysis and plans detailing how you are going to repay the loan

    Finally you will have to convert to Judaism and provide proof of conversion. Including study at a Yeshiva or attendance at an Orthodox Temple.
    Drab Cane
    Carbenadium Industries
    #16 - 2013-12-07 23:01:17 UTC
    12 Billion ISK no-collateral loan request? *drops popcorn*

    Quote:
    I am not nuts, I am Insane. I have more fun that way. :3

    Oh, whew, that makes sense then.
    MicDeath Titan
    No Mans Corp
    #17 - 2013-12-08 22:54:02 UTC
    Nyx Na'gorg wrote:
    [UNIBA] is considering the loan request.

    We have a number of terms to be met before before both parties sign the contract:

    Solitude Coalition backs and co-signs the application bearing full financial responsibility for any defaults on the loan

    You will need to offer a full cost analysis and plans detailing how you are going to repay the loan

    Finally you will have to convert to Judaism and provide proof of conversion. Including study at a Yeshiva or attendance at an Orthodox Temple.

    I can do the analysis and plans.
    I will look into the co-signing.
    I will NOT do the conversion.

    If you are serious, send me a mail.

    ==============
    @Dvesk Sunie
    Still waiting for a response about your request.
    MicDeath Titan
    No Mans Corp
    #18 - 2013-12-13 08:35:33 UTC  |  Edited by: MicDeath Titan
    Have not heard back from both Dvesk Sunie, and Nyx Na'gorg. Going to take that as a loss of interest.

    Somebody in-game had asked me how much is the bare minimum for me to restart. The answer to that is 4.5billion.

    5 miners= ~3,600,000,000 isk
    1 hauler-miner=~600,000,000 isk
    1 Orca=~580,000,000 isk
    5 procurers= ~50,000,000 isk
    5 Retrievers=~150,000,000 isk

    Total: 4,980,000,000
    Loan: -4,500,000,000
    My out of pocket: 480,000,000+

    It would take me about 4-6 days to get the fleet in full standing, and 2-3 more days after that to get the everything else set.
    MicDeath Titan
    No Mans Corp
    #19 - 2013-12-15 10:47:31 UTC  |  Edited by: MicDeath Titan
    Status Report: Day 1 mining
    •8 hours mined - 5 in the morning, 3 in the afternoon.
    •Fleet Size: 6 in the morning, 5 in the afternoon (issue with one miner, plexed time disappeared)
    ---Orca: Gray Spike
    ---Hauler: Kaling of Titans
    ---Miner#1: Titans Guild Miner
    ---Miner#2: Titans Guild Miner2
    ---Miner#3: Titans Guild Miner3
    ---Miner#4: Titans Guild Miner4
    •Mining efficiency - 92% overall average. Start up and shutdown included.
    --- 130.844~/142.222~ m3 per second
    Result:
    Plex'ed Titans Guild Miner5

    Issues
    Bank has declined purchases past $40 on CCP games.
    Resolved?: Yes.
    Result: Remaining $20 USD will be put on hold until issue with Titans Guild Miner is resolved of the case of missing plex time.
    Issue with Titans Guild Miner has been resolved. Thank you GM Cid.

    Ships are loaner ships from Darsec Tracer. Ships currently being loaned: Orca, Retriever x3
    Resolved?: No.
    Result: -Pending- Once full fleet is active, new ships will be bought and loaner ships will be returned. Orca has been upgraded to a more hefty 280k EHP omni at my expense.

    End of Day 1 report.

    EDIT: Issue with a miner account has been resolved.
    MicDeath Titan
    No Mans Corp
    #20 - 2013-12-16 09:23:44 UTC
    Status Report: Day 2 mining
    •4 and 1/2 hours mined
    •Fleet Size: 8
    ---Orca: Gray Spike
    ---Hauler: Kaling of Titans
    ---Miner#1: Titans Guild Miner
    ---Miner#2: Titans Guild Miner2
    ---Miner#3: Titans Guild Miner3
    ---Miner#4: Titans Guild Miner4
    ---Miner#5: Titans Guild Miner5
    ---Miner#6: Titans Guild Miner6
    •Mining efficiency - 97% overall average. Start up and shutdown included.
    --- 207.840~/213.333~ m3 per second
    Result:
    + Titans Guild Miner6
    Plex'ed Titans Guild Miner7

    Issues
    None

    End of Day 2 report.
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