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Bond #5 [Matured, paid out]: 12bn, 12% interest rate, will be running for 4 weeks.
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Junnichi Asakura
The Tiandihui
#21 - 2011-12-07 12:58:01 UTC
Eddie Laydon wrote:
Im not going to respond to the OP's post since most of it is just insults and lies to discredit me.

OllieNorth wrote:

You don't strike me as an impending scammer (which, frankly, doesn't mean very much). I look at your plan and see more of a major threat of burn-out. Ask Brock about wide-ranging PI Empires. So like I said, it's not just fear of scam, but fear of burnout and walkaway.


I am however interested in knowing what it is about this guy that makes some people think he's legit. Is there a single shred of evidence that this whole thing isnt just a one big rep-grinding act? How can a series of uncollateralized loans (increasing in size from 500mil to 12b in less than 3 months) from someone who has almost no MD history, or any forum history for that matter, be considered legit?

Please someone tell me im not the only one who thinks this whole thing doesnt seem right.


I think i've already answered this from an investors (my) point of view... in short "all non-collateralized Bonds/Loans in EVE are a potential scam and investors go into them at their own risk"
In simple terms the peeps invested here have decided that rate of income given is sufficient to offset against the risk of losing the money they put forward. There may be no evidence at all to say it is not a scam, and no security built in, however we're still willing to take that risk. Perhaps because the previous bonds have all completed correctly it builds confidence in the OP? There is nothing tangile there though, just a contrived opinion of the OP from the recent history he has here.
Personally speaking i've been investing since the beginning of this series and I 'feel' secure at the moment that my investment is 'ok', but I also know well enough that this feeling could be misjudged and tomorrow find out I lose the 5b i've put in if this Bond suddenly goes bad.

tl:dr: Invest at your own risk, don't if you don't want to. We have, deal with it and stop preaching to people who clearly aren't listening. P

What do I know though? I'm just one of the OP's alts apparantly! ShockedLolCoolTwistedRollRoll
JA
DJ Blackman
Often AFK
#22 - 2011-12-09 04:51:38 UTC  |  Edited by: DJ Blackman
Update: I am currently escrowing up to 43bn - if I liquidate everything I can easily bring in around 37bn (that is only on market escrow, there is a few billion worth of stuff in hangar and some liquid in wallet too). It is a relatively happy dillemma to be conflicted over whether one should make only 20% or 80% profits on their market escrows. =p

That 4bn I earned in pure profit has risen to 6bn - I have already made more than enough to payback the investors their principle + interests, for which I am very happy =)

RL things come and go, and given holiday season, one has their commitments. I will be my best not to let it interfere too much with eve-gaming, but regardless of whether I spend less time in eve (relatively speaking), I will continue to invest, escrow as always =p

Semi/periodic update(s) to follow before maturity date. Thank you.
DJ Blackman
Often AFK
#23 - 2011-12-29 05:16:12 UTC  |  Edited by: DJ Blackman
Update:

Maturity date has arrived! =)

Following payments will be made in accordance with interest rate of 12% to investors as promised:

The Pear - 1.68bn (1.5bn principle + 12% 180m in interest)
Juunichi Asakura - 5.6bn (5bn principle + 12% 600m in interest)
Hillesumos - 1.12bn (1bn principle + 12% 120m in interest)
LlamaBin Llama - 5.04bn (4.5bn principle + 12% 540m interest)

Total Payout: 12.12bn ISK


As I have said, I was rather busy with a few offline RL related businesses, but since everything is winding down, I think it would be safe to say I can go full steam ahead from this point onwards. Net Profits this time amounted to about 6bn only, but there have been no problems so far in terms of making profits in 20% category overall, with current balance at around 34bn or so.

Thank you, and I hope you will invest again at my next bond which I will post up soon. Investors, please post in this thread to confirm receiving payments.
LlamaBin Llama
Garoun Investment Bank
Gallente Federation
#24 - 2011-12-29 06:16:18 UTC
Confirmed. Payment received. Thank you very much and I'm looking forward to the next bond.
Junnichi Asakura
The Tiandihui
#25 - 2011-12-29 12:49:24 UTC
Confirming isk received. :)

Thanks and see you in the next Bond!
JA
The Pear
Creodron.com
#26 - 2011-12-29 16:07:32 UTC
Confirming isk received.

Pretty satisfied with the way the bond ran, with your midway update, etc. See you in the next one
DJ Blackman
Often AFK
#27 - 2011-12-30 16:38:25 UTC
Hillesumos, if you can, please post here to confirm receipt of isk =)

Thank you all for investing in this successful bond. The next bond currently open may be the limit in which I operate from now on in terms of bond amount, until I can figure out some more methods and learn more about trading in above-average amounts of isk in the market.

Or it may change....who knows. It all depends on how successful it will be.
Hillesumos
Trader's Academy
#28 - 2012-01-02 23:00:59 UTC
Oops sorry,

Just came back from holidays, confirming isks received with interest
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