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3B Uncollateralized Loan at 8% per Month

Author
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#1 - 2016-10-18 17:48:11 UTC
Recently I have moved into casual T2 production for fun. I make a little more than it costs in fuel and mostly do it for fun. However, after a couple weeks I've begun noticing trends in the t2 production market, which I believe I can capitalize on with station trading.

What I'll be doing
I don't want to get too far into specifics, in order to avoid increasing competition, however, I will say that I want to try a new system of trading than what I have done in the past. I have done a fair amount of flipping orders in the past but I want to try what I believe will be a profitable but much easier and less time consuming method of station trading. I have done a small test run and it appeared to be relatively profitable. It doesn't require hours of .01 isking orders but keeps good returns.

Risks
There are really no risks, besides misplacing a decimal place. The 3b will stay in station and will not be used for my other projects. While I can't guarantee I won't misplace a decimal place I have only ever done it once in a fair amount of trading, and I won't be updating orders that often, so the chances of such an event happening is very small. In the event that something were to happen and I would unable to fulfill the loan at the end of the period, I have an asset base large enough to cover it which I could sell off.

Proof of Sincerity
I had a previous loan out for 2b at 12%. I repaid the loan early and both parties were satisfied.
https://forums.eveonline.com/default.aspx?g=posts&t=472171
If I were interested in stealing and leaving I've had plenty of opportunities over the years and never really considered them. However, to give more proof than simply my word, I will give out limited api information to interested parties if they mail me, along with a more detailed explanation of what I'm going to be trading. I know I remained vague in this thread, but that was so that other day traders don't get the wrong idea and try and get in on the action.

Reason I can't use my current isk
Like I said, I have recently moved into t2 ship production. The pos tower is taking up a significant part of my capital and another large portion of it is used in materials. After making a good amount of money with my last loan I've mostly done pvp and slowly watched my wallet decrease until I've hit where I am now. I am unable to dedicate a large enough portion of money to trading to make it truly worthwhile.

Misc. Note
If Da Apprentice wants to fulfill the loan his spot is reserved. Also, the exact loan amount and percentage may be up to discussion if the loan is not filled within a few days.

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#2 - 2016-10-18 19:41:35 UTC
1b taken, 2b left

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

RolandoooEvoX
The Vikings of Valhalla
Exodus.
#3 - 2016-10-18 19:47:20 UTC
I am willing to do the full 3B, or what's remaining. Will you be online around 23:00 eve time? I just had a few questions.
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#4 - 2016-10-18 20:25:23 UTC
RolandoooEvoX wrote:
I am willing to do the full 3B, or what's remaining. Will you be online around 23:00 eve time? I just had a few questions.


I can try to be online around then, sure.

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

Areen Sassel
Dirac Angestun Gesept
#5 - 2016-10-19 02:38:02 UTC
Bobb Bobbington wrote:
1b taken, 2b left


I took the first 1b; I'm on holiday around the end of the month but other than that I'll update this thread promptly as and when it's repaid.
Apki Munba
Ministry of War
Amarr Empire
#6 - 2016-10-20 23:56:59 UTC
Is there any API or other way of verifying this, other than that previous loan?

Thanks.
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#7 - 2016-10-21 00:07:33 UTC  |  Edited by: Bobb Bobbington
Apki Munba wrote:
Is there any API or other way of verifying this, other than that previous loan?

Thanks.


I've already begun market activities with the first 1b I've recieved, so you should be able to see that from the API, but I don't see what you mean by ways of "verifying" this. I don't know of any ways to show you for 100% I'm not scamming you without putting up collateral, something I am not going to do.

Edit- BTW I haven't been able to get into contact with the person taking the other 2b, tomorrow I am going to put it back up for other people to fill

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

RolandoooEvoX
The Vikings of Valhalla
Exodus.
#8 - 2016-10-21 01:16:42 UTC
2B sent to Bobb Bobbington.
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#9 - 2016-10-21 01:16:44 UTC
All isk recieved, to be repayed 11/19 and 11/20 respectively

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

RolandoooEvoX
The Vikings of Valhalla
Exodus.
#10 - 2016-11-13 02:18:35 UTC
Received isk back with intrest early.

Thanks Bobb Bobbington!
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#11 - 2016-11-13 02:18:59 UTC
Due to possible account problems coming up with the new email verification, and the fact it's almost run its course anyway, I'm going to be repaying this loan early with full interest. Isk has been repaid to both parties involved, and thanks to both of you for trusting your isk with me!

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.

Areen Sassel
Dirac Angestun Gesept
#12 - 2016-11-14 00:37:30 UTC
Confirming received 1.08B repaid yesterday. Thanks, Bobb.