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4 Week 10% ROI *Updated*
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Xanato Kaso
Frozen Flames
#1 - 2014-07-19 17:00:37 UTC  |  Edited by: Xanato Kaso
Hello there! My name is Xanato and this is my first forray into MD. Please forgive me if I leave out any pertinant information typical of a loan request, this is my first time and I will be glad to answer any questions or update my post properly.

I am looking to expand into mining and running my own High-Sec solo operations. To do this I would like to take advantage of the Power of Two deal that CCP is currently providing. WIth this deal I can make perfect mining characters within the alotted subscription time.

The Dream.

5 Miners
1 Orca
1 Freighter.



I have found a nice low-pop area of Highsec space with a lot of belts to start my operations. I currently have 3 accounts on subscription, this one and 2 half-finished miners. I have a lot of free-time on my hands. I can not afford to put any more characters on a subscription or purchase PLEX. My free time is what will allow me to make this plan viable.


No longer seeking investors.

The Investment.

2.4b to acquire 3 PLEX to purchase the deal from CCP.
No Collateral.


The Return.

4 Weekly Payments of 660m.



The Math.

PLEX 800m X 3 = 2.4b + 10% = 2.64b


Logistics

I have been mining since the start of this post with 2 characters, I have been averaging an income of 200m a day in ore. I have found a purchaser for my wares and have a steady income stream. At the time of this edit my Orca pilot is able to start mining as well which I am projecting will increase my daily yield to 275m and will continue to grow as skills get fleshed out.

*UPDATE*
I am now averaging a yield of 500m a day. Repayment plan has been adjusted to fit the new income levels. My other miner will reach the ability to fly a covetor in a few more days so my income level will be increasing again soon.

A lot of people might comment and say 'Why not just wait until you mine the ore and buy the characters yourself. The answer is Time. There is a deadline on the Power of 2 Special, and the sooner I can get an account created the sooner I can make ISK to get another.

I am mining a lot more ore than intended!!! My income levels have skyrocketed but due to purchasing the orca pilot all of my income goes to repaying loans and I will not be able to save up enough to purchase my final character before the end of the the Power of 2 Special. I need 1 final investor to help me get the final character in my fleet.

No longer seeking Investors. All loan requests Refilled.


Investors

71Eagle -Orca Pilot - Tychus, Paid in Full
Cici Kaso - Miner 1 - Captain Cici, Loan of 2.4b. Total Repayment of 2.64b- Complete
Jania Kaso - Miner 2 - Tychus, Paid in Full
Kiai Kaso- Captain Cici. Paid in Full
Freighter - No Longer needed. Orca pilot can fly a frieghter :)

Thank you for reading my proposition.



Also, PLEASE I am tired of explaining myself, read the comments and responses, if you are not interested in investing or providing constructive feedback or helpful information that will lead to me being able to meet my goals please do not post. I am more than willing to answer questions if you are interested in investing and need more information.
flakeys
Doomheim
#2 - 2014-07-19 18:40:00 UTC  |  Edited by: flakeys
From your own WTB mining/orca char :

Xanato Kaso wrote:
You guys keep posting characters but are forgetting one important fact. I have no clue what characters are worth!!! If you are not posting prices I have no clue what to offer!!! Did you read my thread???


I never invest in loans for characters and assets wich are used in pve for the simple reason that it's a none brainer to do and as such i expect that when the loaner looses his orca for example he won't have a decent idea how to get over the loss besides doing the same thing and as such a scam usually comes out of that in the end.In other words loans like this start with good intentions and end up badly.This is where such a loan differentiates a lot from a loan for a trader.

The reason i linked the above quote shows this , you are asking in the character bazaar for a character yet have no idea how much it costs.Do this in reall life and you tend to overpay on your stuff , in eve it goes the same.

Ask your friend to loan you more isk , work towards the isk you need yourself OR offer collateral wich i assume you won't have for the loan.Otherwise i don't see this getting filled .

We are all born ignorant, but one must work hard to remain stupid.
Xanato Kaso
Frozen Flames
#3 - 2014-07-19 20:17:09 UTC
I originally intended to buy characters outright but it turned out to be more costly then I had anticipated after further research. I then proceeded to play around with Evemon and realised it would be much easier to train my own. But the cost is still more than I can afford in real life. I can repay ISK, I however can not get my cash back. I am currently working towards buying the orca and supplies to fit it. What could I possibly offer as a collateral? If I had that then I would not need to get a loan.
okoolos rimmer
Napkin Nation
#4 - 2014-07-19 21:05:42 UTC  |  Edited by: okoolos rimmer
Chances of someone giving you isk on your say so are slim to none. Personally I don't give two bits what the "loan" is for. You either have collateral or you don't. You're either trustworthy based on your loan history or you're not. You fail in both categories (No collateral and no history).
Xanato Kaso
Frozen Flames
#5 - 2014-07-20 22:57:03 UTC
okoolos rimmer wrote:
Chances of someone giving you isk on your say so are slim to none. Personally I don't give two bits what the "loan" is for. You either have collateral or you don't. You're either trustworthy based on your loan history or you're not. You fail in both categories (No collateral and no history).


How do I get a suitable collateral? Is there a way to levy the acounts themselves?
okoolos rimmer
Napkin Nation
#6 - 2014-07-20 23:04:39 UTC
No. Generally the only acceptable collateral are goods/blueprints/ships etc.
Xanato Kaso
Frozen Flames
#7 - 2014-07-21 00:19:32 UTC
okoolos rimmer wrote:
No. Generally the only acceptable collateral are goods/blueprints/ships etc.


How much longer will the Power of 2 Deal be going on? I am running L4 Missions and mining with both my toon 6+ hours a day averaging about 150m a day. Without additional funding it will take me at least 2 weeks just to purchase 1 deal.
okoolos rimmer
Napkin Nation
#8 - 2014-07-21 03:00:16 UTC
No one knows when that deal with end. On a sidenote mining/L4s are a pretty crappy sources of revenue. And tbh it sounds like it's killing your fun factor.
Xanato Kaso
Frozen Flames
#9 - 2014-07-21 04:07:34 UTC
okoolos rimmer wrote:
No one knows when that deal with end. On a sidenote mining/L4s are a pretty crappy sources of revenue. And tbh it sounds like it's killing your fun factor.


I am enjoying running the L4's it has saved me a small fortune on implants for my 4 characters. Right now it feels like a grind trying to get the standing for perfect refine on one of the miners, I want to start making ships but I do not want to frivilousy waste minerals on an avoidable tax. I plan on making battleships, but the rate at which I mine ore is low hence why I want a loan to get more miners to increase my income rate. I think once I have achieved 5 miners, it will be less of a game of mining, and more of a game in actively managing all 7 characers in unison.

My friend who lent me the PLEX for the Orca character has been playing EVE for many years, he has a lot of well researched BPO's and has given me a nice supply of BPC's and I want to start making those, but I still don't have the volume of minerals to create everything. Bu I am sure it will be really nice to fly a ship I made myself fitted with things I made. And it will allow me to get into pvp because it won't feel as painful to lose a ship when I have a bunch more sitting at a station.

What other ways would you suggest I earn isk?
okoolos rimmer
Napkin Nation
#10 - 2014-07-21 04:14:09 UTC  |  Edited by: okoolos rimmer
if you're into missions then incursions are a no brainer. Nullsec ratting and anoms are way more profitable then L4s as well but that ofcourse requires going to nullsec. WH ratting is pretty much printing isk. Trading is fun but it can get boring and feels like a grind at times. if you insist on mining (an acivity that I detest) you're better off joining a nullsec renter corp and mining ice.
Abidal Trekt
Caldari Provisions
Caldari State
#11 - 2014-07-21 04:19:23 UTC
I can appreciate that you want to get ahead of the game quickly with Power of Two, and the return you offer is impressive. My advice: start with a zero collateral, high interest, very small loan. A 2.64bn uncollateralized loan is still a 2.64bn uncollateralized loan by any name. Earn 1 plex from your NPC activities, try to get 1 plex from MD, and have your friend offer you 1 plex at the same rate you're offering MD, and have him do it publicly, in this thread.
Xanato Kaso
Frozen Flames
#12 - 2014-07-21 04:21:40 UTC  |  Edited by: Xanato Kaso
okoolos rimmer wrote:
if you're into missions then incursions are a no brainer. Nullsec ratting and anoms are way more profitable then L4s as well but that ofcourse requires going to nullsec. WH ratting is pretty much printing isk. Trading is fun but it can get boring and feels like a grind at times. if you insist on mining (an acivity that I detest) you're better off joining a nullsec renter corp and mining ice.


Edit: it did not post my response >.<


Why do you hate mining?
Xanato Kaso
Frozen Flames
#13 - 2014-07-21 04:32:42 UTC
Abidal Trekt wrote:
I can appreciate that you want to get ahead of the game quickly with Power of Two, and the return you offer is impressive. My advice: start with a zero collateral, high interest, very small loan. A 2.64bn uncollateralized loan is still a 2.64bn uncollateralized loan by any name. Earn 1 plex from your NPC activities, try to get 1 plex from MD, and have your friend offer you 1 plex at the same rate you're offering MD, and have him do it publicly, in this thread.



He already gave me 3 PLEX and the character is created and in training. 6 days 14 hours till she can fly a covetor/retriever and start earning ISK ^-^ while she trains for the Orca.

I will see if I can get him to post here on the forums .

I have 600m in unrefined ores sitting in the station right now. Waiting on perfect refine before I do anything with it.

I was not sure if my ROI rate was fair or not.
Elizabeth Norn
Nornir Research
Nornir Empire
#14 - 2014-07-21 09:41:54 UTC  |  Edited by: Elizabeth Norn
It's three PLEX for Power of 2, so you'd need nine for three simultaneously training miners, I think you know that, but your post isn't very clear about it. The amount requested also isn't including the implants, skills, ships and modules you'll need.

Post your training plan and the fit you have in mind, work out exactly how many hours it'll take you to earn the ISK (how are minerals looking, have you seen the industry changes in Crius?), show us that you've done your homework.

It might sound cruel, but mentioning your medical situation probably wasn't a good idea, honesty is one thing, but we really don't need to know and it will probably scare investors away.

Covetors aren't known for their sturdiness under blaster fire, what will you do if you lose your ships & pods?

Your interest is pretty low, less than 5% per month uncollaterized with all the ISK virtually disappearing rather than being invested into easily liquidatable items.

Out of order, but I think I covered everything. Finally, who wants to pay for someone else to turn themselves into an unaccountable slave? 😜

okoolos rimmer wrote:
No one knows when that deal with end. On a sidenote mining/L4s are a pretty crappy sources of revenue. And tbh it sounds like it's killing your fun factor.


The Power of 2 special offer is back! From now until 8/30/2014, you will be able to create a new account with 180 days of game time for the low price of £34.99 or 3 PLEX.

Bear

Free 3rd party services

Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
Xanato Kaso
Frozen Flames
#15 - 2014-07-27 19:26:43 UTC
I am still looking for investors for the 3 mining toons.
Xanato Kaso
Frozen Flames
#16 - 2014-08-02 20:35:09 UTC
Anyone going to bite? I am not looking to scam. Making my isk just not at a fast enough rate to finish before the special runs out.
Seetesh
Deep Core Mining Inc.
Caldari State
#17 - 2014-08-02 22:46:50 UTC
Send me an in game mail, I will ask for Apis and if satisfactory I can fulfil the loan.
Molly Gingerious
Imperial Shipment
Amarr Empire
#18 - 2014-08-02 23:24:13 UTC
is there any collateral???
Xanato Kaso
Frozen Flames
#19 - 2014-08-02 23:40:34 UTC
Sorry I can not offer collateral.. If i had the collateral i wouldnt be asking for the loan.
Taram Caldar
Royal Black Watch Highlanders
#20 - 2014-08-03 00:17:57 UTC
okoolos rimmer wrote:
if you're into missions then incursions are a no brainer. Nullsec ratting and anoms are way more profitable then L4s as well but that ofcourse requires going to nullsec. WH ratting is pretty much printing isk. Trading is fun but it can get boring and feels like a grind at times. if you insist on mining (an acivity that I detest) you're better off joining a nullsec renter corp and mining ice.


It really depends on who you are running the missions for. There are some LP stores that are worth quite a bit, even in empire. Though generally lowsec/nullsec missions are the best missioning income (pirate LP being awesome). Incursions are great isk once you get into a fleet but if you can't get in one reliably the isk/hour ratio drops dramatically, espeically if you have limited time to play.

Nullsec ratting is good too. All 3 are solid income sources (again, depending which corps you're running missions for).

"No bastard ever won a war by dying for his country.  He won it by making the other poor dumb bastard die for his country."
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