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2 Bn Bond - 55% Collateral - 1 month @ 10% or 2 months at 12.5% - FILLED

Author
Tai'Shar Manetheren
Doomheim
#1 - 2011-09-17 21:29:57 UTC  |  Edited by: Tai'Shar Manetheren
Bond: 2,000,000,000 (2 billion) ISK

Collateral: 55%

Option A: 1 month @ 10.0% interest

Option B: 2 months @ 12.5% interest (willing to due partial repayment on day 31)

Uses: BPO purchase for Noctis and BC production, mineral purchases for remaining funds

Repayment Sources: Manufacturing profits, income from my mission runner alt, working capital (~2-3 billion), other BPOs I actively manufacture from including a retriever, another Harby, cruisers and industrial


About me: Tai'Shar Manetheren is my industry-focused alt (I also have an active ISK grinding mission runner that also has manufacturing slots and am training a second industry alt). I focus on T1 ship production and remain in an NPC corp because this character is for semi-passive income purposes (buying mins / making ships / selling ships). I purchased a few PLEXs to get me going, however several of the BPOs I bought have become unprofitable or are turning over slowly in recent weeks. I am looking for a bond to purchase researched Noctis and Cane BPOs, a 3rd BC (TBD) and several cruisers and/or minerals, depending on market conditions and availability of BPOs at reasonable prices. I am really looking for a long term lending partner, as I would like to followup this up with another bond(s) to continue to expand my BPO stock. I am offering 55% collateral because I want to be able to purchase at least 4-6 BPOs in order to allow for some diversity to keep turnover / manufacturing slots fully going and because at 100% I might as well just sell the BPOs I am listing as collateral. That is a time consuming process with its own risks, however, so I am looking for this as a solution


Collateral details (based on Jita contract prices):

400M Drake BPO ME 30 / PE 15
300M Ferox BPO ME 20 / PE 5
400M Harbinger BPO ME 12 / PE 19

Secondary collateral will be the BPOs I purchase with this bond, my working capital (~2-3 bil) and other BPOs owned by me

Assuming 1 lender, I would prefer to contract over to you for simplicity however if desired (or for multiple lenders) I am happy to use a reputable 3rd party service of the lender's choice. If 1 party I would prefer to set up the contract in Jita, Amarr or a nearby region.


Let me know if you have any questions and if you want to lend what interest option you choose.



Many thanks!
TSM


Edit: Decreased size from 2.2B (increased collateral %) and added some additional details on repayment sources and secondary collateral, namely my significant working capital stakes and other BPOs I hold but actively manufacture off of
Tai'Shar Manetheren
Doomheim
#2 - 2011-09-18 12:43:51 UTC  |  Edited by: Tai'Shar Manetheren
Confirming filled by Rot Thun, 2 months @ 12.5% as of 9/20/2011
Tai'Shar Manetheren
Doomheim
#3 - 2011-09-19 13:55:42 UTC
Bueller....... Bueller......?
Trist Ian
Deep Core Mining Inc.
Caldari State
#4 - 2011-09-19 16:09:54 UTC
Id be willing to loan 1bil @100% collateral for 5% interest/month. Mail me if interested
Tai'Shar Manetheren
Doomheim
#5 - 2011-09-19 17:59:35 UTC
Thanks Trist Ian, but in case I would be better off just selling my existing BPOs. I would prefer not to do this as I do not have adequate research capabilities and there is no guarantee I can repurchase the same or better at comparable pricing

I have been doing test runs using BPCs and have acheived substantial turnover on several different products however buying the BPCs obviously kills my profit. The reason for the size of the bond is that I want to be able to have multiple options in case one item does not sell as well as I think it will. 1 bil simply will not allow for this.
Rot Thun
SI Radio
#6 - 2011-09-19 19:24:00 UTC
If I get to hold the collateral I would be willing to make the 2 month @12.5% loan to you. Send me an evemail.
Tai'Shar Manetheren
Doomheim
#7 - 2011-09-19 19:35:42 UTC
Mail sent - I will follow up this evening when I get home and log on, thanks
BornToDieAnotherDay
Tarazed Technology
#8 - 2011-09-19 21:05:18 UTC
Tai'Shar Manetheren wrote:
Thanks Trist Ian, but in case I would be better off just selling my existing BPOs. I would prefer not to do this as I do not have adequate research capabilities and there is no guarantee I can repurchase the same or better at comparable pricing


Id just like to point out that you state yourself the reason why you're not better off selling the BPOs. You have no guarantee you can get them back, however this method allows you to get your new BPO, and when you can afford your old ones you can get them back straightaway with a small mark up.

It also offers the investors far more security and you a lower interest rate.

Not going to tell you how to run your business, but that's how I see it anyway.
Lord Wickham
Pator Tech School
Minmatar Republic
#9 - 2011-09-19 22:28:01 UTC
you had to go out and i'll probly be gone by the time your back.

i would be interested in lending you the full amount you need, however i would want 100% collateral at NPC price. I know someone has already offered this to you, but they didn't offer to hold the collateral and let you build/manufacture from it.

how it would work: you transfer me the collateral, i will lock the collateral down either in the system i work out of or in the system of your choice(allowing cheap office rental). you will then have full rights to all your BPO's that im holding as collateral and be able to manufacture from them as you already are. i would also be willing to offer you manufacturing rights to various other BPO's that i currently own.


this is just a small taster of the extras i would be willing to offer you, in exchange like i mentioned before i would like to hold 100% collateral at NPC price, but i would also like 15% a month interest. if any of this is at all of interest to you then you must convo/mail me tommorow, i can tell you what BPO's i own and some of other the benefits etc etc.


if none of this is what you require or need then i just wish you the best of luck
Tai'Shar Manetheren
Doomheim
#10 - 2011-09-20 01:13:27 UTC
Responding in game, have not finalized anything yet if other offers.

@Born - I understand your point, but if I have to offer 100% collateral I will just go sell the BPOs and take my chances on getting future BPOs at decent prices if I want to go back into those markets

@Lor Wickham - mail sent, lets chat via that since I guess we're different time zones. Interesting offer, but 15% for fully collateralized is way off market, sorry

@Rot Thun - interested in moving forward, send you a message
Rot Thun
SI Radio
#11 - 2011-09-21 16:02:07 UTC
ISK sent. Good luck!
Rot Thun
SI Radio
#12 - 2011-11-23 14:57:49 UTC
Contract has been sent to return the collateral for the 2 billion isk and the additional .5billion isk for two months of 12.5% interest.

Thanks, and fly safe!
Rot Thun
SI Radio
#13 - 2011-11-27 00:10:45 UTC
Tal'Shar Manetheren has indicated that he has scammed me, and is defaulting on the bond. Be advised that he is untrustworthy.
Darth Tickles
Doomheim
#14 - 2011-11-27 03:57:29 UTC
durrdurr i give spacemoney to stranger on spaceforums, he no give me back spacemoney like he promised

moron