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[BOND #4 Matured, Paid out] 5bn, 13%, until Nov. 29th short- term bond offering

Author
DJ Blackman
Often AFK
#1 - 2011-11-07 14:21:47 UTC  |  Edited by: DJ Blackman
Completed/Currently running bonds:

Bond #1 (500m isk, Matured, paid out): https://forums.eveonline.com/default.aspx?g=posts&find=unread&t=7422

and its subsequent thread announcing its completion: https://forums.eveonline.com/default.aspx?g=postmessage&m=127864

Bond #2 (2bn isk, Matured, paid out): https://forums.eveonline.com/default.aspx?g=posts&t=18073&find=unread

Bond #3 (Concurrently running, 3bn until nov. 29th): https://forums.eveonline.com/default.aspx?g=posts&t=23688


Introduction:

Hello to all - I have been playing eve close to 2 years now and have been practicing with small investments on the market. I believe I have been waiting for a while to get a chance to start a bond and this seems like a decent starting point.

A little bit about myself and my corp - My entire corp of Often AFK is my 2 mains and alts. All 6 chars are trained in PI, and I am currently running 12 planets in a WH with elite CC for PI which nets me between 700 to 800m a month with this char and another, Colonel Vatutin. My total assets excluding the resources in the WH come to about 16.6 bn at the moment, and that is not counting the last monthly income from PI of approx. 700-800m, increased now due to better PI market conditions to a little over 1.1bn. Most of them are heavily invested in the markets, and since I have been investing seriously since the end of august I have been able to gain a good 30% back on my investments due to heavy market PVP. I started with about 1.18 bn on liquid isk around the end of august this year, and is now investing a little over 16bn.

The #4 bond amount will be to 5bn, with shares offered at 50m increments for a total of 100 shares. The rate will be set at 13%, and I hope to fill it soon and run it until nov.29th when I can close up both this bond and #3 bond as well at the same time, and begin #5 bond fresh and new.

Otherwise, terms are similar to what it was in the past. Only this time, please send it to Colonel Vatutin instead of MC Jack as Col. V has better standing for lesser taxes in caldari state, along with better skill sets.

I am pulling out last of PI profits until the thanksgiving, then concentrating on manufacturing and increased between-trading activities with DJ Blackman and other alts stationed in new eden. I would assume it would balance out the same as before, perhaps with slight increase. Even if everything somehow went south, I could potentially liquidate 60 to 70% of my market escrow to cover 8bn + interest at will from total of 16.6bn current escrow, so I will be back to 4.5bn even if things comes to worst and you will have your money back as we agreed.

Details are as follows:

- 5bn total bond value, available in 50m for each bond share. 50,000,000.01 isk bonds will be returned to owners due not following instructions

- 13% return with principle at the end of the cycle exactly on Nov. 29th, 2011 0:00 AM GMT.

- Send ISK to Colonel Vatutin - my other main in the same corp.


- No collateral, only my trust and yours in making this work.

- Risk of running: As I always say, why the hell would I run off in a char with some few bucks worth of isk when I invested over twenty times that playing eve for 2 years on two accounts? Why would I risk ostracizing and biomassing my chars for this amount? To me, these two accounts are culmination of a series of hard-learned lessons that I hope to expand upon and achieve a notable degree of financial and influential success. But then, it all comes down to mutual trust in investments.


The reason I do so without a collateral offering is the following:

I believe trust is a valuable and most expensive commodity there is in the dog-eat world of eve online, and I hope to earn that trust to expand my business! Btw- chribba is a fine example of trust as an invaluable asset- I do hope I can do the same. In the future with greater amount I will be willing to use his services to secure collaterals, but I wanted to prove with these humble bond offerings that I can be trusted - with or without oversights. I believe this is a risky but sincere manner in which I hope to earn your trust. Normally such offerings will give 8-10%, but considering the risk, I am offering greater rates at 13%.


Furthermore, eve for me is a way to relieve stress in a virtual world; as generic as that sounds, some people actually have a life (WAT??) and I have my fill of dealing with scumbaggery and general s#ht in real life, I do not need more here. I want to explore just what I can achieve in a comparatively secure (trust me it is) environment that is eve and hope similarly like minded people would agree in this endeavor.

Smooth sailing Big smile

Shareholders:

- Juunichi Asakura 3bn isk (60 Shares) confirmed.
- Luciffer 13 2bn isk (40 Shares) confirmed.

Edit:

Bond FULL, now running until designated time.

Edit #2:

Bond paid outBig smile
Junnichi Asakura
The Tiandihui
#2 - 2011-11-08 07:36:24 UTC
3b Isk sent as discussed

Good luck.
JA
RAW23
#3 - 2011-11-08 07:59:58 UTC
Did you have permission in advance from all your creditors in the previous bond to increase their risk a great deal like this? I see one is buying in again but what about the others?

Why do you need to nearly triple your public exposure only 18 days after last raising money? Did you know you would need to do this when you ran the last bond or did something just happen to come up that required a huge increase in your investment risk profile?

Finally, you've got to be ******* kidding haven't you? Whether you scam or not is really irrelevant to the decision to invest or not, which is necessarily made blind and in the absence of that future data. But as far as investing on the basis of available data is concerned this currently looks exactly like I would expect a badly concealed scam to look (and you are not doing your main investor any favours either - if he is legit, you are really making him look like a shill).

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Junnichi Asakura
The Tiandihui
#4 - 2011-11-08 09:18:30 UTC
Quote:
Did you have permission in advance from all your creditors in the previous bond to increase their risk a great deal like this? I see one is buying in again but what about the others?

In the 'other' Bond I hold 2.9b of the 3b invested sums so as the primary investee I hold the casting votes. (I believe the other 100m investee is an old friend with a token investment) - i'm happy for a further investment to run concurrently to Bond 3.


Quote:
Why do you need to nearly triple your public exposure only 18 days after last raising money? Did you know you would need to do this when you ran the last bond or did something just happen to come up that required a huge increase in your investment risk profile?

To be quite honest the details on 'how' the money is used is of no consequence to me. The important factor is that the investment + interest is paid back as promised. I don't ask my bank how they are using the money in my bank account to generate the interest they pay me! (which is probably for the best!)


Quote:
Finally, you've got to be ******* kidding haven't you? Whether you scam or not is really irrelevant to the decision to invest or not, which is necessarily made blind and in the absence of that future data. But as far as investing on the basis of available data is concerned this currently looks exactly like I would expect a badly concealed scam to look (and you are not doing your main investor any favours either - if he is legit, you are really making him look like a shill).

Whilst I enjoy the scam-paranoia on MD just as much as the next person in my opinion this investment is just the same as with most (any) other investment offerings on MD - it's about playing the long game and playing the odds of failure for an investee. Obviously collateral goes someway to mitigate those risks however holding a portfolio of investments (both secure and insecure) is another form 'safety net' to spread the total risk involved.
Anyhoo, and this is what it really comes down to, I am comfortable that the money I invest (both here and in other offerings) is an acceptable risk in regards to what returns I have already gained from investing in the past.. i.e. the profit i make on other investments covers the occassional failure of others. You won't ever see me 'whining' on MD about a scam that has burnt me, I may post to question an investment that appears to have gone bad, or to warn other investors about a scammer but i'll never whine! Cool
JA

Luciffer 13
Ministry of War
Amarr Empire
#5 - 2011-11-08 09:37:13 UTC
can fill rest of the bond will get home in 4 hours
DJ Blackman
Often AFK
#6 - 2011-11-08 10:59:51 UTC  |  Edited by: DJ Blackman
JA u mentioned on the mail that you wanted to offer 2bn, not 3bn towards this bond. Did you just change your mind, or shall I refund it back for you to send in the correct amount?

@ Luciffer 13

Bonds are still available at the moment, so please feel free to let me know your investment amount up to 2bn Big smile

@ RAW:

I would have liked to post a long wall of text to your legitimate (if hastily worded and somewhat impetuousSmile) questions, but JA kinda beat me to the core of the matter Lol

Like I say, I only offer a chance to make isk together. Why did I offer this now with #3 running? I simply want to make isk faster to reach even greater amount of capital. Yes, this seems risky, and any good investors would think long and hard before taking such chances.

One thing I am certain however, is my own intentions regarding this matter and that is to follow through with my side of the bargain come nov. 29th. Really, I do enjoy the MD paranoia on scams, but there comes a point where it stops being a helpful insight and wound up just being a feel-good soggy biscuit soree (thanks a lot for this one brits Cool


At this point, offering collateral would not do much to further my chances at profit, with liquid isk flowing like wine at a ball. There is one thing, and one thing only on my mind: Greater profit, and that a bit of cooperation with others and a bit of trustworthy attitude along with holding up my end of the bargain is much more beneficial for mine and other's goals than to ruin it all in a bid for few billion or even for few hundred billion. This is a practical decision, not one based on fantasies of trust or blind 'kumbaya' BS.

If you think either myself, JA or any other investors are not aware of the practical meat of this matter and is just blindly offering trust, you will be gravely disappointed. We are all well aware of the improbability of such offers. We all carry healthy suspicions in regards to others' intentions. In truth, that is the core of the matter: trust is a willing disarmament of both parties in favor of greater profit and benefits. It is incredibly naive, incredibly risky, and is incredibly foolish if both people's mindset is not in line together; and that is EXACTLY why it can be incredibly beneficial and so easy for both parties if they DO share a common agreement to create greater profits in long term. My part in the matter is to demonstrate clearly and without a doubt my willingness to follow such set of rules by abiding by the terms of the contract. This is crucial for this deal to work, and crucial for any future bonds issued by me to have any weight or trustworthiness, and therefore a chance to further increase my capitals at a faster rate.Risk is great, but should you find a like-minded partner, so is the potential profit in the undertaking Cool

I really like to say more, but time is precious, so if you have further legitimate questions and challenges, please convo my alt Colonel Vatutin in game. I will answer you to the best of my abilities.

Edit:

Lucifer 2bn not 3bn. Please excuse that momentary brain death Sad
Junnichi Asakura
The Tiandihui
#7 - 2011-11-08 11:11:09 UTC
DJ Blackman wrote:
JA u mentioned on the mail that you wanted to offer 2bn, not 3bn towards this bond. Did you just change your mind, or shall I refund it back for your to send in the correct amount?


I made more than expected on the markets overnight so had an extra 1b liquid isk so there you go!
JA
DJ Blackman
Often AFK
#8 - 2011-11-08 11:30:31 UTC
Junnichi Asakura wrote:
DJ Blackman wrote:
JA u mentioned on the mail that you wanted to offer 2bn, not 3bn towards this bond. Did you just change your mind, or shall I refund it back for your to send in the correct amount?


I made more than expected on the markets overnight so had an extra 1b liquid isk so there you go!
JA



Thanks for clearing that up. Confirmed JA 3bn received. Keep it up folks =)
Luciffer 13
Ministry of War
Amarr Empire
#9 - 2011-11-08 12:29:39 UTC
yup reserving rest 2 bil. 2 hours max isk will be sent.
DJ Blackman
Often AFK
#10 - 2011-11-08 12:50:51 UTC
Luciffer are you the same person who sent Col. V the email? ID was snake or something other,
Luciffer 13
Ministry of War
Amarr Empire
#11 - 2011-11-08 13:48:25 UTC  |  Edited by: Luciffer 13
noup


edit: im home so just tell me should i send isk or w8 for you to see who sent you mail
DJ Blackman
Often AFK
#12 - 2011-11-08 14:02:57 UTC
Confirmed Luciffer 13 invested 2bn isk. Bond full, now running until nov. 29th, 2011.
DJ Blackman
Often AFK
#13 - 2011-11-24 03:37:39 UTC
Update:

Escrow is up to about 26bn isk, not including liquid isk for payouts ready in Colonel Vatutin's wallet. All will be paid out in the designated time with interest rates as promised. Thank you for your investments, and hope you invest again! =)


Matured bond payout amount per investor:

3.39bn isk for Juunichi Asakura
2.26bn isk for Luciffer 13
DJ Blackman
Often AFK
#14 - 2011-11-30 00:00:09 UTC
Bonds paid out, please post here with confirmations =)

Thank you again for investing!
Luciffer 13
Ministry of War
Amarr Empire
#15 - 2011-11-30 01:04:02 UTC
ISK recived ty
Junnichi Asakura
The Tiandihui
#16 - 2011-11-30 16:38:10 UTC
Funds received as expected, many thanks.

JA