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[BOND#2] 1 billion, paying 10%, 1 month, urgent, unsecured [Filled]

Author
Yawning Angel7
Caldari Provisions
Caldari State
#1 - 2015-03-19 04:46:03 UTC  |  Edited by: Yawning Angel7
Purpose of Bond
I've been exporting ships and mods into Catch for about two months, making good money supplying my Brave and H.E.R.O. bros.

PL has put our main station (GE-8JV) into armor reinforcement mode and a lot of people are panic selling some of their stuff for well under Jita prices. I need more capital so I can buy their stuff and ship it somewhere safe and profitable.

Items will be shipped using collateralised courier contracts.

The station comes out of reinforcement mode at 2015-03-20 01:47 Eve time, about 21 hours from when this post was made, so I need the Isk ASAP.

Bond Details
I am looking for a 1 billion ISK unsecured loan for 1 month. The bond starts earning interest on the 19th of March.

I'm offering 10% interest paid monthly (April 19), with a minimum investment of 100 million ISK and minimum increments of 100 million ISK.

If you would like to invest in this bond please notify me in this thread. ISK will need to be deposited in my account before 2015-03-19 13:30 Eve time (9 hours after this post, 11 hours before RF timer).


Assurance
While I do have assets I could use as collateral, I don’t want to tie them up for a month so I won’t be offering collateral for this bond.
At the moment, all I can offer is following:

  • Details of my first loan, which I repaid in full, can be found here. That loan was also for a billion Isk.
  • Items bought using this loan will be shipped using collateralised courier contracts.
  • This EveBoard page showing my Trade, Industry and T2 Production skills: http://eveboard.com/pilot/Yawning_Angel7


Fly safe 7o
BAML TRADING
Pulsar.
#2 - 2015-03-19 06:50:35 UTC
Tempting......
Iroquoiss Pliskin
9B30FF Labs
#3 - 2015-03-19 07:07:07 UTC
Would like pledge 20b
Cista2
EVE Museum
#4 - 2015-03-19 08:03:34 UTC  |  Edited by: Cista2
The investor in your previous loan did not acknowledge that it was paid back.

My channel: "Signatures" -

Yawning Angel7
Caldari Provisions
Caldari State
#5 - 2015-03-19 10:12:24 UTC
Cista2 wrote:
The investor in your previous loan did not acknowledge that it was paid back.


Yeah - I was a little bit annoyed at that, but I cant complain too much as Quinn gave me the start up capital I really needed (thanks again Quinn).

The best I can do at the moment is this moderately-tricky-to-fake screenshot. It shows my player donation transactions for the final principle and interest payment and an eve mail I sent:

Screnshot (God my screen is small)

7o

Iroquoiss Pliskin
9B30FF Labs
#6 - 2015-03-19 11:02:16 UTC
I say - let HED-GP burn.

Oh, it's always on fire, you say?
Remo Muutaras
Science and Trade Institute
Caldari State
#7 - 2015-03-19 12:05:38 UTC
I will fill this bond, confirm and I will send the ISK 1B @ 10% 1 month
Yawning Angel7
Caldari Provisions
Caldari State
#8 - 2015-03-19 12:46:08 UTC
Remo Muutaras wrote:
I will fill this bond, confirm and I will send the ISK 1B @ 10% 1 month



Reservation of 1 billion Isk by Remo Muutaras confirmed. The bond is now full Smile

I'll try convo-ing you in game to get this processed.

7o
Remo Muutaras
Science and Trade Institute
Caldari State
#9 - 2015-03-19 13:19:28 UTC
Yawning Angel7 wrote:
Remo Muutaras wrote:
I will fill this bond, confirm and I will send the ISK 1B @ 10% 1 month



Reservation of 1 billion Isk by Remo Muutaras confirmed. The bond is now full Smile

I'll try convo-ing you in game to get this processed.

7o


ISK has been sent - 1B
Yawning Angel7
Caldari Provisions
Caldari State
#10 - 2015-03-19 13:25:09 UTC
Confirmed 1 billion ISK received from Remo Big smile

Repayment schedule will be as follows:
April 19: Yawning Angel7 will pay 1,100 million Isk to Remo Muutaras

I will be updating the thread later to report on this payment.
Elizabeth Norn
Nornir Research
Nornir Empire
#11 - 2015-03-19 14:25:11 UTC
Yawning Angel7
Caldari Provisions
Caldari State
#12 - 2015-03-19 17:19:12 UTC
Elizabeth Norn wrote:
Who is even going to move the stuff you buy?


Its all been bought and moved already!

Since the evacuation announcement was made (and because our alliance buddies are awesome) there has been a massive 24 hour move op by our haulers to move the junk of ~10,000 players to a new station.

It's made Hannibal crossing the Alps with elephants look like a day at the zoo. Blink
Iroquoiss Pliskin
9B30FF Labs
#13 - 2015-03-19 23:02:24 UTC
Good going, lad. I never had any doubt. Big smile
Musashi IV
Off-World Mining
#14 - 2015-03-22 12:38:14 UTC
I love reading all the scams that are tried in this game
Yawning Angel7
Caldari Provisions
Caldari State
#15 - 2015-04-19 13:16:37 UTC
Interest payment of 100 million ISK sent through to Remo Muutaras
Principal repayment of 1 billion ISK sent through to Remo Muutaras

Why have your alliance evacuate just once over a month when instead you could:
  1. Evacuate to a replacement nullsec staging system (HED-GP),
  2. Re-evacuate to a lowsec staging system (Sakht),
  3. Move to a replacement lowsec staging system (Defsunun),
  4. Have a coup,
  5. Have a counter-coup, and
  6. Move again to a NPC nullsec staging system (God-knows-where in Fountain).

The good news is that I was able to get everything out of GE and HED in time. I also turned a healthy profit buying and moving drones, modules (half-price) and ships (Cruisers for 1.5 million instead of 10 million).

The bad news is that the results of the Defsunun import test run I did were pretty weak. People are either flying/exploding less, bringing their own ships in through lowsec or buying different types of stuff. I’m out of the import / export game for at least a month until HERO’s move to Fountain is complete, lots of ships are being exploded and there is some decent market data.

Thanks to Remo Muutaras for the extra Isk I needed for the month and to the HERO haulers for repeatedly saving the assets and the ass of the Alliance.

I’m off to rat and explode some ships for a while like some kind of peasant . Blink

7o
Remo Muutaras
Science and Trade Institute
Caldari State
#16 - 2015-04-27 09:24:43 UTC
Confirming the above - thank you.

1B returned, 100M interest paid.
Dextrome Thorphan
#17 - 2015-04-28 13:16:48 UTC  |  Edited by: Dextrome Thorphan
Yawning Angel7 wrote:
While I do have assets I could use as collateral, I don’t want to tie them up for a month so I won’t be offering collateral for this bond.


LOL, what?

Then why didn't you just sell your assets...?
GankYou
9B30FF Labs
#18 - 2015-04-29 04:15:49 UTC
It was a rather precarious situation with no time to waste in GE & HED-GP.

See what transpired next. Blink
Yawning Angel7
Caldari Provisions
Caldari State
#19 - 2015-04-30 02:13:46 UTC
Dextrome Thorphan wrote:
Yawning Angel7 wrote:
While I do have assets I could use as collateral, I don’t want to tie them up for a month so I won’t be offering collateral for this bond.


LOL, what?

Then why didn't you just sell your assets...?


I thought about expanding on that in the OP, but I didn’t want to clutter it up.

At the time I had about a billion Isk worth of in-demand goods on the edge of HiSec, ready to be shipped to GE. They would have sold for a profit of 20-30% if GE station wasn’t at risk.

If I’d tied them up for a month as collateral, I would have lost the following options:
1) GE Station is saved: Ship goods to GE and make 200m isk in a week
2) GE Station is lost, but things look okay at our new staging system of HED:hip goods to GE and make 200m isk in two weeks

I ended up taking option 2, but things got a bit messier than expected when HED was also threatened (see post #15 above).

It was like trying to run a business in Somalia, but with fewer bribes and more explosions. Blink