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Pinnacle Financial: IPO
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Mikial Jovakin
Pinnacle Financial
#1 - 2015-02-21 02:47:44 UTC
Hello everyone! I'm Mikial Jovakin, CEO of Pinnacle Financial, and I’m here today to try to help you make passive isk!

Before we begin I would like to give you a bit of background on myself and Pinnacle Financial. I became a capsuleer to do one thing, and that is to make money. I found that I was able to make a decent amount of money by trading goods in station. I started with buying T1 ammo and trading it a small amounts, after an whole day of station trading I had profited an entire…. 40,000 isk.

It wasn't a great first attempt at making the huge amounts of isk I had been dreaming of for so long. It did however show me that it is possible to make a bit of profit off of station trading. So I trained up my skills, and I began making spreadsheets, and I started to notice market trends and I took the 10,000,000 isk I had saved up and hit the market again. This endeavor worked out much better for me, and I made a much larger profit.

Pinnacle Financial was founded by myself and a few of the friends I've made trading in New Eden, and we have expanded beyond the simpler station trading days. Over our time working together we have been able to make a decent amount of money. Eventually we played with the idea of incorporating our little business and Pinnacle Financial was born.

I’m here today with Pinnacle Financials IPO.

Is there something on the market that you want? Maybe its a nice new faction frigate? Or perhaps one of those fancy t3 cruisers. Pinnacle Financial can help you earn enough passive isk to put towards it! We aren't promising to make you rich overnight, what we will guarantee is that we will make you a profit.


Our company currently owns 1,000,000 shares with 450,000 shares available for public sale at 1000 isk per share. The isk from your shares will be used to fund our corporate trading activities and the profits of which will be paid in dividends at the end of every week. There is currently no minimum or maximum on the amount of shares you can purchase.

I thank you all for your time, and welcome our future investors to Pinnacle Financial!


Please feel free to join our public chat room Pinnacle Financial if you have any questions .
Wendrika Hydreiga
#2 - 2015-02-21 02:56:36 UTC  |  Edited by: Wendrika Hydreiga
Sounds absolutely legit! Yep! Not even in Jita I could get a deal as good as this!

Hey... Wait a darned minute!
Mikial Jovakin
Pinnacle Financial
#3 - 2015-02-21 03:05:30 UTC  |  Edited by: Mikial Jovakin
Wendrika Hydreiga wrote:
Sounds absolutely legit! Yep! Not even in Jita I could get a deal as good as this!

Hey... Wait a darned minute!



No one has to buy shares if they don't want to. There is a risk involved I suppose but the price of the shares is so low that so is the risk.

Do you really think were going to run off with the 10mil we're guessing the average investor will invest?
Pieter Tuulinen
Societas Imperialis Sceptri Coronaeque
Khimi Harar
#4 - 2015-02-21 03:56:16 UTC
Hasn't every single one of these been a scam, without exception?

Capsuleers...

For the first time since I started the conversation, he looks me dead in the eye. In his gaze are steel jackhammers, quiet vengeance, a hundred thousand orbital bombs frozen in still life.
Mikial Jovakin
Pinnacle Financial
#5 - 2015-02-21 04:01:54 UTC  |  Edited by: Mikial Jovakin
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...



From what I've read so far, it appears many of them have been scams. However those corporations where charging very large amounts of isk per share with unsustainable return promises.


Like I said in the Original Post, we aren't going to make you rich but we will make you a profit.
Vikarion
Doomheim
#6 - 2015-02-21 04:10:47 UTC
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...


I've made a couple of bond issues. Every single one was repaid, on time.

There are a few others who have also conducted share operations that performed to their word, such as Archbishop of PIE.

Still, I usually advise against purchasing shares in any but the most established and ethically strict operations, [begin shameless plug] such as my own. I've been known to transport goods even for extreme ideological enemies, such as Koronakesh (affiliated with EoM) without the slightest alteration to the agreed-upon terms. That's the kind of person you invest with. [end shameless plug]
Mikial Jovakin
Pinnacle Financial
#7 - 2015-02-21 04:12:00 UTC
All shares sold. I would like to thank those of you who have invested in Pinnacle Financial. If any of you have any questions please feel free to send me a Mail, join our public channel, or reply to this post.


Thank you.
Jeane DuPont
Doomheim
#8 - 2015-02-21 21:20:39 UTC
wow that was the quickest and least documented IPO I've ever seen... Shocked

In general, an IPO involves the release of some documentation so the community can study it, make calculations and try to estimate their own fair value for the issuing company. A time span is necessary also to run a book building process and see how demand surpases (or not) the offer so the company can also study the possibility of issuing more shares. I may be wrong but none of this took place, but they are in fact absolutely necessary to every investor figure out if your return on equity is better or not than their own businesses.

I'm just giving this reply because I would love to see a development of New Eden's capital markets but procedures such as these puts in check every possible credibility we may count for.
Korsavius
Revenent Defence Corperation
#9 - 2015-02-21 22:54:18 UTC
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...

I've come across a few reputable and trustworthy businesses such as this in my time. Your paranoia is not unjustified, however.

Cold Wind's Blade || Follow the I-RED Newsfeed & visit the I-RED GalNet site!
Katrina Oniseki
Oniseki-Raata Internal Watch
Ishuk-Raata Enforcement Directive
#10 - 2015-02-22 02:34:14 UTC  |  Edited by: Katrina Oniseki
Mikial Jovakin wrote:
All shares sold. I would like to thank those of you who have invested in Pinnacle Financial. If any of you have any questions please feel free to send me a Mail, join our public channel, or reply to this post.


Thank you.


Translation:

"The fish aren't biting today, better act like I caught a bunch and go home a winner."

... unless of course John is buying out random start-ups again. I think I'd better to check in on him.

Katrina Oniseki
James Syagrius
Luminaire Sovereign Solutions
#11 - 2015-02-22 06:43:44 UTC
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...

A fair point.

I have shares from a variety of organizations, a grand total of three have ever paid dividends that exceeded my initial investment.

Once you factor in... secondary costs related to "asset recovery"... its best to stick to company's whose leadership has a proven track record of profit.

“Here also are the heralds of his praise."
Diana Kim
State Protectorate
Caldari State
#12 - 2015-02-22 12:31:50 UTC
Korsavius wrote:
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...

I've come across a few reputable and trustworthy businesses such as this in my time. Your paranoia is not unjustified, however.

Interesting ideas from a lying wannabe-Caldari jaijii, who can't comprehend basic Caldari values.
Mr. Korsavius, words like "reputable" and "trustworthy" sound wrong, when they are coming out of your mouth.

Honored are the dead, for their legacy guides us.

In memory of Tibus Heth, Caldari State Executor YC110-115, Hero and Patriot.
Yoshitaka Moromuo
Burning Skies
Apocalypse Now.
#13 - 2015-02-22 19:08:45 UTC
Diana Kim wrote:
Korsavius wrote:
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...

I've come across a few reputable and trustworthy businesses such as this in my time. Your paranoia is not unjustified, however.

Interesting ideas from a lying wannabe-Caldari jaijii, who can't comprehend basic Caldari values.
Mr. Korsavius, words like "reputable" and "trustworthy" sound wrong, when they are coming out of your mouth.

Is it ever possible for you to keep such vitriol out of discussions that do not warrant it? Should you feel the need to attack someone's character, don't co-opt another discussion away from its topic. You do so far too often.
Mikial Jovakin
Pinnacle Financial
#14 - 2015-02-22 19:21:20 UTC
Katrina Oniseki wrote:
Mikial Jovakin wrote:
All shares sold. I would like to thank those of you who have invested in Pinnacle Financial. If any of you have any questions please feel free to send me a Mail, join our public channel, or reply to this post.


Thank you.


Translation:

"The fish aren't biting today, better act like I caught a bunch and go home a winner."

... unless of course John is buying out random start-ups again. I think I'd better to check in on him.


44% of our company was purchased by one person within an hour. The other 1% was purchased by two or three others.
Vikarion
Doomheim
#15 - 2015-02-23 03:09:29 UTC
Diana Kim wrote:
Korsavius wrote:
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...

I've come across a few reputable and trustworthy businesses such as this in my time. Your paranoia is not unjustified, however.

Interesting ideas from a lying wannabe-Caldari jaijii, who can't comprehend basic Caldari values.
Mr. Korsavius, words like "reputable" and "trustworthy" sound wrong, when they are coming out of your mouth.


Oh, **** off.

Is there even one thread you don't insert yourself into like an annoying fly, buzzing around to call people names?

I would wager that I could put up a thread called "Who likes the color blue?", and you'd be there, talking about how anyone who doesn't like "steel blue" is a lying jaijjii, hnolku, traitor, etc.

By the way, you misuse those terms so much that they are losing their meaning. In fact, at this point, it rather appears that there isn't a single Caldari besides yourself and Tibus Heth that you would consider a "true Caldari".

Oh, and also by the way, Korsavius is as Caldari as I am. He's a Liberal son of a ***** with over-idealistic fantasies, but he's Caldari. Whereas you are just nuts.
Diana Kim
State Protectorate
Caldari State
#16 - 2015-02-23 16:22:04 UTC
Vikarion wrote:
Diana Kim wrote:
Korsavius wrote:
Pieter Tuulinen wrote:
Hasn't every single one of these been a scam, without exception?

Capsuleers...

I've come across a few reputable and trustworthy businesses such as this in my time. Your paranoia is not unjustified, however.

Interesting ideas from a lying wannabe-Caldari jaijii, who can't comprehend basic Caldari values.
Mr. Korsavius, words like "reputable" and "trustworthy" sound wrong, when they are coming out of your mouth.


Oh, **** off.

Is there even one thread you don't insert yourself into like an annoying fly, buzzing around to call people names?

I would wager that I could put up a thread called "Who likes the color blue?", and you'd be there, talking about how anyone who doesn't like "steel blue" is a lying jaijjii, hnolku, traitor, etc.

By the way, you misuse those terms so much that they are losing their meaning. In fact, at this point, it rather appears that there isn't a single Caldari besides yourself and Tibus Heth that you would consider a "true Caldari".

Oh, and also by the way, Korsavius is as Caldari as I am. He's a Liberal son of a ***** with over-idealistic fantasies, but he's Caldari. Whereas you are just nuts.

When I say something, I pretty much mean it, and if I call someone a traitor, I have valid reasons for it.
Just as well as I call a liar someone, who spews an obvious lie like me, like saying crap like "there isn't a single Caldari besides yourself and Tibus Heth that you would consider a "true Caldari". "

Such sort of stupid liars obviously have no idea where to find real Caldari, and haven't talked with any brave men and women, defending our State with weapons in their hands. Those liars just pull out their ravings like snot knobs from their nose instead of studying facts.

Stop doing this.

Honored are the dead, for their legacy guides us.

In memory of Tibus Heth, Caldari State Executor YC110-115, Hero and Patriot.
Deitra Vess
Non-Hostile Target
Wild Geese.
#17 - 2015-02-23 16:28:41 UTC
Can you give some examples of other "true caldari?" I don't mean to butt in on this but I'm curious...
Diana Kim
State Protectorate
Caldari State
#18 - 2015-02-23 16:36:57 UTC
Jennifer Maxwell, Damar Rocarion, Scylus Black, Chichou Odori... wait, you don't expect me to list whole Militia here?
You can look into our chats and see who are there, pretty much guaranteed first one you will see will be real Caldari.

Honored are the dead, for their legacy guides us.

In memory of Tibus Heth, Caldari State Executor YC110-115, Hero and Patriot.
Deitra Vess
Non-Hostile Target
Wild Geese.
#19 - 2015-02-23 16:47:05 UTC
Oh, that makes sense. Thanks!
Yoshitaka Moromuo
Burning Skies
Apocalypse Now.
#20 - 2015-02-23 17:06:00 UTC
Diana Kim wrote:
When I say something, I pretty much mean it, and if I call someone a traitor, I have valid reasons for it.
Just as well as I call a liar someone, who spews an obvious lie like me, like saying crap like "there isn't a single Caldari besides yourself and Tibus Heth that you would consider a "true Caldari". "

Such sort of stupid liars obviously have no idea where to find real Caldari, and haven't talked with any brave men and women, defending our State with weapons in their hands. Those liars just pull out their ravings like snot knobs from their nose instead of studying facts.

Stop doing this.

Your attacks on the character of others do little to bolster your own character; rather, they reflect back onto you.
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