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10 Billion "Merlin" Bond (5 Collateralized/5 Uncollateralized) [FULL]

Author
David Forge
GameOn Inc.
#1 - 2014-03-16 23:58:44 UTC  |  Edited by: David Forge
I haven't been in the bond business for awhile (I made a brief and not altogether successful foray into nullsec). I am not sure whether or not I'll be offering regular bonds again but, at the moment, I have most of my capital tied up and need a temporary loan while I move stock. This is technically two different bonds as I have collateral for the first five billion ISK, the terms are as follows:

TERMS FOR FIRST 5 BILLION

Total Bond Size: 5 Billion ISK
Rate: 3%
Bonds: 1 billion each (I would prefer one investor for this so that they could hold the collateral instead of my having to employ a third party)
Collateral: 7 Machariels
Length: 3 weeks

TERMS FOR SECOND 5 BILLION

Total Bond Size: 5 Billion ISK
Rate: 7%
Bonds: 1 billion each
Collateral: None
Length: 3 weeks

PLAN AND RISK

My previous style of trading favored station trading but I have begun to participate in regional arbitrage more and more and this constitutes the majority of my business at this point. While I previously did the hauling myself I now contract everything through Red Frog Freight. As far as normal risk go (that my products be set on fire and exploded) this helps minimalize much of the exposure I (and therefor investors) have to any losses.

The real risk is, as always, that I am a scammer. I do not normally offer collateral, as I usually have anything on hand to serve as collateral, but I currently have a small stack of Machariels not doing all that much. So, for the collaterilized half, there's not big risk of default (or, at least, an investor being hurt by a default). The other half is business as usual, all I can do is point to my previous bonds (right down there), remark that I'm just an all around nice guy, and hopefully offer an appropriate level of reward for your risk in the form of a higher interest rate.

Bond #1 Foxfire
Bond #2 Flameburst
Bond #3 Thunderbolt
Bond #4 Mjolnir
Bond #5 Paradise
Bond #6 Phalanx
Bond #7 Heron


QUESTIONS AND COMMENTS

I am bent over and prepared to receive your ridicule.

INVESTORS

COLLATERALIZED BOND
Genoir - 5,000,000,000 ISK (received)

UNCOLLATERALIZED BOND

Genoir - 4,000,000,000 ISK (received)
Arancar Australis - 1,000,000,000 ISK (received)
Scott Petterson
Perkone
Caldari State
#2 - 2014-03-17 00:06:56 UTC  |  Edited by: Scott Petterson
I'm interested in your first bond. Where are the machariels located? I would possibly be interested in the entire 5 billion depending on the location of the collateral. Him me up in game.
David Forge
GameOn Inc.
#3 - 2014-03-17 00:12:00 UTC
Scott Petterson wrote:
I'm interested in your first bond. Where are the machariels located? I would possibly be interested in the entire 5 billion depending on the location of the collateral. Him me up in game.


They are located in Emperor Family Academy in Amarr. I'll be around in game for a bit if you find yourself online.
Arancar Australis
Dead Sun Rising Enterprises
#4 - 2014-03-17 01:18:52 UTC
Hello David,

Can you reserve 1 billion in the 2nd bond for me please?

Cheers,

AA
David Forge
GameOn Inc.
#5 - 2014-03-17 01:37:43 UTC
Arancar Australis wrote:
Hello David,

Can you reserve 1 billion in the 2nd bond for me please?

Cheers,

AA


Yessir! Right away sir!

Also, I just realized I neglected to put a start date. I don't think I should have much trouble by setting it at the end of the day on the 18th Eve Time.

Arancar Australis
Dead Sun Rising Enterprises
#6 - 2014-03-17 03:22:43 UTC
David Forge wrote:
Arancar Australis wrote:
Hello David,

Can you reserve 1 billion in the 2nd bond for me please?

Cheers,

AA


Yessir! Right away sir!

Also, I just realized I neglected to put a start date. I don't think I should have much trouble by setting it at the end of the day on the 18th Eve Time.




Your level of service is second to none...highly recommend it to all!!

Just give a heads up to when to send the isk and i'll send it through when you are ready.

Cheers,

AA
Genoir
School of Applied Knowledge
Caldari State
#7 - 2014-03-17 07:00:20 UTC
I am prepared to cover the whole of the bond 1 and the remainder of bond 2.
Rejuice K
Federal Navy Academy
Gallente Federation
#8 - 2014-03-17 07:16:03 UTC
I would mind either covering the whole of bond 1 or 2
Ulisse Kromm
Italian Gentlemen's Society
#9 - 2014-03-17 12:37:07 UTC
I cover all the first Bond, i'm online from 16.30 eve today for transaction i wait the confirm of the reservation in forum Big smile
stinkyhoe
Aliastra
Gallente Federation
#10 - 2014-03-17 17:07:15 UTC
i will take 1 on 2nd offering if available.
David Forge
GameOn Inc.
#11 - 2014-03-18 16:39:29 UTC
Scott Petterson and I spoke and he expressed interest but wanted to take a day to look at the Machariel market, to which I agreed. Unfortunately he had not got back to me (I sent him an Eve mail yesterday). To keep everything on schedule I'll just have to move on. Genoir was the next to make an offer (and conveniently enough for the remainder of bond 2 as well). It's his is he'll have it. I'll be sending a message to both he and Arancar Australis.
Genoir
School of Applied Knowledge
Caldari State
#12 - 2014-03-18 18:31:53 UTC  |  Edited by: Genoir
Happy to cover this.

Collateral for bond 1 received and 5b issued.

Remaining isk of 4b for bond 2 sent.
David Forge
GameOn Inc.
#13 - 2014-03-18 18:43:29 UTC
Genoir has accepted a contract for the Machariels and has sent five billion for the first bond and covered the remaining four billion for the second.
Arancar Australis
Dead Sun Rising Enterprises
#14 - 2014-03-18 22:48:01 UTC
Hello David,

Due to the conditions that are enforced upon me by me work overlords, i will be able to forward Isk once i have been released to return to my pitiful domicile.

Cheers,

AA
Arancar Australis
Dead Sun Rising Enterprises
#15 - 2014-03-19 08:26:30 UTC
Hi David,

Isk sent your way.

Good luck.

Cheers,

AA
Wezley Sherman
Doomheim
#16 - 2014-03-19 12:17:54 UTC
hello david i would like to invest 2.5 bill if that is possible please can you let me know thanks
David Forge
GameOn Inc.
#17 - 2014-03-19 17:12:37 UTC
Arancar Australis wrote:
Hi David,

Isk sent your way.

Good luck.

Cheers,

AA


Received!

Wezley Sherman wrote:
hello david i would like to invest 2.5 bill if that is possible please can you let me know thanks


I can't really expand the bond size, sorry. Sad
David Forge
GameOn Inc.
#18 - 2014-04-08 18:53:57 UTC
I have set up a contract to exchange 5,150,000,000 ISK for the return of the collateral of the first bond and both Genoir and Arancar Australis have been sent principle and interest repayments of 4,280,000,000 ISK and 1,070,000,000 ISK respectively to close out the second.
Arancar Australis
Dead Sun Rising Enterprises
#19 - 2014-04-08 23:22:55 UTC
Hi David,

Confirming receipt of Principal and Interest.

Thanks mate Big smile

Cheers,

AA
Genoir
School of Applied Knowledge
Caldari State
#20 - 2014-04-09 07:05:20 UTC
confirming that the initial investment has been repaid along with full interest.

A pleasure to deal with.