Market Discussions

Greetings MD investors! I am once more looking for some funds to expand my manufacturing capabilities.

Summary
Bond size: 4B
Rate: 8% + extension bonus
Collateral: None
Start date: February 15th

Why?
As stated, I am looking to expand my t2 module manufacturing production and need additional isk to do so.

Terms
The bond would start on February 15th and pay 8% 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. 21 days after the bond's starting date, I will ask investors if they want their investement back. Investors that confirm their desire to end the bond 72 hours after the offer will recieve their principal + 8% interest those that do not reply will have their investement rolled over automaticaly for an additional 30 days and will recieve 10% interest. I reserve the right to repeat that extension offer a few times depending on how smoothly things go.

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.

Previous Bonds
BOND #1(1 month) : https://forums.eveonline.com/default.aspx?g=posts&t=7355
BOND #2(3 months) : https://forums.eveonline.com/default.aspx?g=posts&m=71794#post71794

FAQ.
Q: Why no collateral?
A: I don't have any assets worth collateral. My current NAV is around 8B most of it being ISKs and/or raw materials and low value BPOs. I also own a high sec POS and several PVP ships.

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 8% + extension offer?
A: I think it's a fair interest rate for a 3rd bond without collateral and the extension offer is an incentive for regular investors. It keeps me from having to stop production a few days to reimburse investors.

Q: What is this extension offer you talked about?
A: Here's an example :
John Smith invests 1B @ 8% on February 15th.
Annette invests 500M @ 8% on February 15th.
On March 7th I ask who wants their investement back.
John Smith does not reply so his 1B investement is rolled over to April 15th.
Annette needs her money to buy a new ship and wants to withdraw on March 16th.
On March 16th, John Smith recieves 10% interest on his 1B investement and Annette recieves her 500M + 8%
On April 15th John Smith recieves 1B + 8% interest if he requests his investement back at that moment.

If you have any other questions feel free to ask I will do my best to answer quickly.

- Golkan

I am willing to invest in your bond - please shoot me a quick eve-mail for confirmation.

Thanks,
ST.



update 11.02.2012, 09:30: 2 bil sent

hy,

I'm willing to invest in you again. Set me up for 1B

/ Ischtar Grey

I would be willing to fill the remaining 500m on this.

Please contact me.

Confirming 500m sent and accepted.

Confirming reception of 1B isk from Ischtar Grey.

Thanks!

Posting to confirm update from Golkan in-game.

I have offered to extend my investment for a 30 days.

Hello investors,

The 10% interest payment has been sent for this month.

Thanks,

- Golkan

I could take the 500M

500M sent.