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[BOND] 750M - 30 days - 10% uncollat. (CLOSED)
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Golkan
Doomheim
#1 - 2011-09-08 01:54:13 UTC  |  Edited by: Golkan
Greetings MD investors! I am looking for some funds to expand my manufacturing capabilities.

Summary
Bond size: 750M
Rate: 10%
Collateral: None
Start date: August 16th
Maturity: September 15th

Why?
I have recently started manufacturing and have found some good profit opportunities. Unfortunately right now my NAV can barely support my production output and I can only buy 24h hour worth of raw materials. The funds would be used to buy at least 48-72h of materials and allow me to spend less of my time doing logistics and more time making profit.

Terms
The bond would start on August 19th and pay 10% interest for the 30 day period. Please invest in 50M increments. If you want to withdraw early we can work something out but you would loose the month's interest.

Risks
No profit: Odds of doing no profit is very low but if ever my bpos become unprofitable I can always switch to station trading.
Wardec: Shouldn't have any effect since production can be done from stations and I use courier contracts to haul.
Quit EVE: I don't see myself quitting EVE in the next 30 days.
I get hit by a bus: Let's all hope this doesn't happen.

FAQ.

Q: Why no collateral?
A: I don't have any assets worth collateral. My current NAV is around 1B most of it being ISKs and/or raw materials and low value BPOs.

Q: Audit?
A: I don't see the point in having an audit and paying a fee for such a small bond. The audit would only find out that I have been manufacturing lately.

Q: Why 10%?
A: I think it's a fair interest rate for a 1st bond from an unknown without collateral.
[/list]
If you have any other questions feel free to ask I will do my best to answer quickly.

- Golkan
Golkan
Doomheim
#2 - 2011-09-08 01:55:22 UTC  |  Edited by: Golkan
Investors
Alaik - 200M (closed) - paid 220M on sept. 14th
Justine Asher - 550M (closed) - paid 605M on sept. 14th

Old forums thread
Golkan
Doomheim
#3 - 2011-09-08 05:14:33 UTC
Week #3 has ended and profits keep coming in. Interest and capital will be payed as planned on September 15th.
Golkan
Doomheim
#4 - 2011-09-14 19:35:38 UTC
Bond closed and investors paid.
Alaik - 220M
Justine Asher - 605M

If you are interested in reinvesting I will most likely start a new bond in a few days.

Thanks for investing!

- Golkan
Alaik
Lucifer's Hammer
A Band Apart.
#5 - 2011-09-14 19:59:14 UTC
Payment received, thank you Golkan. =)