Market Discussions

Dethmourne Silvermane presents:
ISK Wars Episode V: The ISK Strikes Back

Part 1: Background/Synopsis (aka storytime)

Many of you know that I have run a number of prior bonds on this forum and via private investment. I've since taken a "brief" sabbatical from trading that has ultimately led to longer sabbaticals, etc, consisting primarily of skill queue online. I burned down to about 500m liquid and started trading again on my trade alt. I'm up to about 1.3B again, but I'm frustrated with the "ISK wall" I'm running into where I have sufficient market space and market orders (alt has Tycoon V) to expand significantly, but lack the liquidity. This is where this new bond comes into play. The details are below, but the tl;dr version is as follows:

tl;dr - 5b bond. 5%/month interest, paid monthly on 15th of each month (first payment in October). 5 months duration.

Part 2: Long version please



This piece is simple - I'm station trading in a popular market hub. I've been doing this for a little less than a week this time (moved away from intra-regional trading because it's godawfully slow if you don't have just GOBS of money and orders to stake positions in tons of high-margin items) and it's just as profitable as I recall it being. I'm using Evernus (thanks, Hel O'Ween, for the suggestion!) to help track margins and make updating orders a relatively painless affair. I've made about 300m in the last week or so; could get more exact numbers when I get home tonight if needed, but the important piece here is that I'm already confident (from prior experience, combined with recent verification of profitability) that this will meet my needs in terms of allowing for repayment.



This has a few things.

1) I'm going to be station trading - nothing leaves dock, so nothing can get blown up.
2) I'm using short duration buy orders so that if for whatever reason I'm unable to update orders for a few days, they expire rather than remain maladjusted to market conditions.
3) I'm holding onto a backup L4 mission boat - in the absolute worst case on the trading side of things, I can turn to a not-worth-ganking L4 mission boat stored in high-security space to grind the money back.

Prior history has had me going so far as to pawn Dethmourne (my main, and the character I identify with in multiple out-of-game venues such as Twitter and Slack as well as in-game) in order to repay debtors, rather than leave the debt unpaid.



All ISK will be sent to my trade alt, The Real Dethmourne, currently in Mare Crisium Industries [WOONA] in Test Alliance Please Ignore (I myself will be rejoining Test Alliance Please Ignore in the relatively short term, but am currently making arrangements to ensure that in the case of total market failure I can still safely utilize highsec as described above to grind ISK via missioning).

ISK can be invested in blocks of 100m. Please reserve your investment in this thread if interested. Please do not send ISK until I have confirmed the 5b block of investors, so I don't have to refund ISK to investors who did not make the 5b cutoff.

Principal is due by the 15th of September, and interest payments will be started on or before the 15th of October in the amount of 5% of principal invested. Each month until principal is repaid, interest will recur with a due date of the 15th of that month. Principal will be repaid along with final interest payment on or before 15th February, 2016.

Principal is expected to remain with bond issuer (myself) until repayment of principal in full occurs for all investors; however, arrangements can be made to repay all or part (in 100m blocks) of an investor's principal. Early repayment calls from an investor will forfeit that month's interest repayment for the portion of principal recalled.

In for 1B -
*Crosses fingers*

2

Bastard, you beat me to my reply saying you would be confirming :P

Welcome back Deth!

Thanks. I've actually been back in game for a while, but have been relatively carefully avoiding my personal heroin (numbers going up in station trading). It's just too damn efficient compared to any other income source, though. This time I'm setting solid sunset dates for any bonds to prevent the burnout that happened last time (hence the set 5-month end date on this one).

Verified.

Sorry - was having some hard drive issues - 2B sent

October interest paid out a little early.

Interest Received