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17.25B Open ended Bond 2% Collateral [In progress]

Author
goodlady Smith
TheCrazy88s
#1 - 2015-08-28 07:42:17 UTC  |  Edited by: goodlady Smith
Hi Folks,

As the subject states I'm looking to establish a 14B open ended Bond paying 3% monthly.
Make up of the bond will be 28 500Mil units.

People are free to withdraw their funds from the bond at any stage but forfeit the interest for that month.

Collateral will be in the form of:
3 x Naglafars
2 x Moros
1x Loki - Fit
1x Paladin - Fit
1x Archon
1x Chimera

Collateral:
http://evepraisal.com/e/7210116*
http://evepraisal.com/e/7037399

Start Date:
01/09/2015

Interest payment dates: 1st of each month


Current investors:

Dextrome Thorphan - 6.25B*
Bad Bobby - 6 B
Amarr Citizen 155 - 5B

Note this is separate to my current open 5B loan.
Confirmed: loan will be repaid and the collateral used to extend this bond at the end of the loan term.

This bond may be increased over time but extensions will always be supported by additional collateral matching any extension.
(09/08/15) Collateral will be reviewed monthly an in crease in value by 1B or more will see the bond extended.

A reduction in Value of 1B or more will see a payout to investors on a % basis and a reduction in the overall bond.

3rd party:
Chribbra

*updated to reflect reduced investment and removal of redeemer from collateral, see posts on and around 20.09.

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

Dextrome Thorphan
#2 - 2015-08-28 08:31:18 UTC  |  Edited by: Dextrome Thorphan
EDIT: You can reserve 8B for me
Just send me a mail if you found a 3rd party
goodlady Smith
TheCrazy88s
#3 - 2015-08-28 08:41:50 UTC
Thanks Dextrome Thorphan

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#4 - 2015-08-29 09:46:23 UTC
I will invest once you have confirmation of your third party.
goodlady Smith
TheCrazy88s
#5 - 2015-08-29 09:54:39 UTC
Hi Bobby - thank you - will update as soon as I confirm one, I'm hoping to use Chribba again but he's a busy boy will give it a couple more days and then try Darknesss and Grendell?

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#6 - 2015-08-29 09:56:44 UTC
goodlady Smith wrote:
Hi Bobby - thank you - will update as soon as I confirm one, I'm hoping to use Chribba again but he's a busy boy will give it a couple more days and then try Darknesss and Grendell?

RAW23 or Grendell works for me.

Chribba is responding slowly atm due to holiday/internet issues/overwork/hangover, but I'm fine with him too.
Angelica Everstar
#7 - 2015-08-29 10:03:16 UTC
Chribba has stated to, he will busy this weekend (in regards to my bond), but is likely back Monday likely.

IF it's ok for the both of you, I could 'hold' the collateral.

'Hold', as in case of default I will pass it on. I don't want to have to sell, appraise or anything like that.
On the other hand, I will offer to do this for free.

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#8 - 2015-08-29 10:09:18 UTC  |  Edited by: Bad Bobby
Angelica Everstar wrote:
Chribba has stated to, he will busy this weekend (in regards to my bond), but is likely back Monday likely.

IF it's ok for the both of you, I could 'hold' the collateral.

'Hold', as in case of default I will pass it on. I don't want to have to sell, appraise or anything like that.
On the other hand, I will offer to do this for free.

I'm not in a rush, plus I don't think your MD history qualifies you as a third party.

Thanks for the offer anyway!
Angelica Everstar
#9 - 2015-08-29 10:22:52 UTC  |  Edited by: Angelica Everstar
It was a offer, not a threat Blink

But I must say, I think my MD history, also doesn't disqualify me Lol


"I sure would run with 14b of assert in low sec, instead of profits on my current bond"Roll

Regardless - best wishes <3

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

goodlady Smith
TheCrazy88s
#10 - 2015-08-29 10:31:55 UTC
Hi Angelica Everstar,

Thank you for the offer but I will stick with the current plan at this stage.

Many thanks,

goodlady Smith

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#11 - 2015-08-29 10:53:06 UTC
Angelica Everstar wrote:
"I sure would run with 14b of assert in low sec, instead of profits on my current bond"Roll

I'm a previous investor of yours and have absolutely no argument with you, however this line of reasoning doesn't hold.

Your current bond, like those before it, are collateralised. You didn't need any reputation to fill them, because you paid Chribba to borrow his. You've handled your bonds well and have managed to achieve a very low rate as a result. As far as I can tell, you haven't been trusted with 14B of assets in a situation where it would profit you to take them.

It's also worth noting, that when I was running a 550B collateralised (well, nearly) IPO, I managed to secure a further 300B of isk and assets through association with my larger IPO by saying exactly the kind of thing you have said here.

I'm not saying you are dishonest or cannot be trusted, I'm just saying you are not a tested alternative to Chribba, Grendell or even RAW23... yet.
Angelica Everstar
#12 - 2015-08-29 11:39:33 UTC
I FULLY agree

I also know of your track record, since I been playing eve for way too many years Blink


I'm by NO means a trusted 3rd party on the scale of Chribba, Grendell or Darknesss.
I'm not even a 3rd party, in the sense that I have never done so publicly.
But I also do hope, that I have earned a little trust over the years.

For example when I got RAW to send his 50b to Chribba, instead of direct to me. Which would have left me with 50b uncollateralized ISK Twisted

But IF I'm ever to make the step into uncollateralized bonds. As Grendell has done in the past. Which is my plan over the coming YEARS - I will have to start building trust. I have no wish to start becoming a 3rd party. Trust is some you need to earn, and specially in a game like EVE. 3rd party work is tiring, and something I have great respect that other want to do, and does. Like Chribba, that I have gotten to know a bit Smile



Sorry "goodlady Smith" for hijacking your thread Oops
I want to offer, that any part of your bond not covered, after those already stated - I will cover Blink

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

goodlady Smith
TheCrazy88s
#13 - 2015-08-29 22:13:55 UTC
Hi Angelica,

Would be fantastic to have you onboard will let you know what's left once Bobby confirms the amount he's willing to invest.
The hijack was fine interesting discussion overall.

Many thanks,

goodlady Smith

ps if your in touch with Chribba let him know I'm waiting with bated breath :)

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

RAW23
#14 - 2015-08-30 11:07:48 UTC
Angelica Everstar wrote:


For example when I got RAW to send his 50b to Chribba, instead of direct to me. Which would have left me with 50b uncollateralized ISK Twisted



Perhaps I'm being confused for someone else here but I don't recall ever being in that situation.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

Angelica Everstar
#15 - 2015-08-30 12:50:32 UTC
@goodllady smith
Good hear Big smile
Will pass on the msg to Chribba ... If I cant remember Blink


@RAW23
I wish my memory was, what it used to be Sad
It was VV, and now I'm not even sure on the fine details, the only thing I could find 100% was :
"If I was the type that would run from a bond, I would just have taken your 50b and run Twisted"
(Source https://forums.eveonline.com/default.aspx?g=posts&m=4603201#post4603201)
Might have been he paid me 50b more than collateral value instead - hate getting old Evil

ANYWAYS - it was not you, sorry Oops

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

Lando Antilles
#16 - 2015-08-30 17:14:21 UTC
Once the (established) 3rd party is secured and confirmed, I'm good for up to 5 bill, depending on what's left.
goodlady Smith
TheCrazy88s
#17 - 2015-08-30 20:37:38 UTC
Hi Lando Antilles,

Thank you for the expression of interest Big smile
I will be in contact if there is any amount left.

Many thanks,

goodlady Smith

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

goodlady Smith
TheCrazy88s
#18 - 2015-08-31 07:37:51 UTC
Quick update: Have been in contact with Chribba and he has the collateral.

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#19 - 2015-08-31 07:43:03 UTC
When we have confirmation from Chribba, I'll take whatever Dextrome Thorphan leaves for me.
Dextrome Thorphan
#20 - 2015-08-31 07:43:20 UTC  |  Edited by: Dextrome Thorphan
goodlady Smith wrote:
Quick update: Have been in contact with Chribba and he has the collateral.

Awesome, so we wait for his reply to this thread and then send the ISK to him?

Bad Bobby wrote:
When we have confirmation from Chribba, I'll take whatever Dextrome Thorphan leaves for me.

The 8B is enough for me :)
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