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[BOND #5] 10B - 7% interest/30 days (CLOSED)

Author
Golkan
Doomheim
#1 - 2012-06-26 13:57:00 UTC
Greetings MD investors!

Recent events have opened up some nice opportunities for some marketeering with decent markups. Due to those events, I am looking to raise some extra capital to take my share and play in those markets.

Summary
Bond size: 10B
Rate: 7%
Collateral: None
Start date: June 28th
Maturity date: August 27th

Why?
As stated, I am looking to expand my activities to marketeering. This bond is separated from my T2 manufacturing bond and will probably not be renewed at the end of the 60 day period since the opportunity is limited in time (a few weeks at most).

Terms
The bond would start on June 28th and pay 7% interest for each 30 day period. Please invest in 500M increments. If you want to withdraw early we can work something out but you would loose the month's interest. Depending on the events I reserve the right to offer an extension for a few more weeks but I doubt it will be necessary.

Risks
No profit: Odds of doing no profit is nearly impossible. Doing low profits could be possible if the events change dramatically in the next few days. Which means I would get stock with large supplies that I would have to liquidate. This is easily mitigated and I do have the capital to repay the bond if I am unable to sell fast enough.
Wardec: Shouldn't have any effect since I never need to undock.
Quit EVE: I don't see myself quitting EVE any time soon.
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
BOND #3(5th month currently running) : https://forums.eveonline.com/default.aspx?g=posts&m=781751#post781751
BOND #4(1 month concurrent with bond #3) : https://forums.eveonline.com/default.aspx?g=posts&t=90409

FAQ.
Q: Why no collateral?
A: I don't have any assets worth collateral. My current NAV is around 20B most of it being ISK and/or raw materials and low value BPOs. I also own a high sec POS and several PVP ships.

Q: What about your other bond?
A: The other bond is a manufacturing bond (BOND #3). I have cleared this new bond with all my other investors.

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

- Golkan
Golkan
Doomheim
#2 - 2012-06-26 14:01:29 UTC  |  Edited by: Golkan
Investors



Ischtar Grey : 3B (reimbursed)
Sala Teng : 2B (reimbursed)
Vaerah Vahrokha : 2.5B (reimbursed)
Taji Taka : 1.5B (reimbursed)
Yarri Jiark : 2.5B (reimbursed)
Taji Taka
The Arcadian Sun
#3 - 2012-06-26 17:04:27 UTC
Can I reserve the remaining 1.5b?
Golkan
Doomheim
#4 - 2012-06-26 17:18:08 UTC
Confirming Taji Taka's reservation of 1.5B.

The bond is now full so you can start sending isk to Golkan.

Thanks,

- Golkan
Vaerah Vain
#5 - 2012-06-26 19:07:15 UTC
1B Sent.
Taji Taka
The Arcadian Sun
#6 - 2012-06-26 19:59:52 UTC
1.5B ISK sent.
Ischtar Grey
#7 - 2012-06-26 21:53:54 UTC
iskis send

/Ischtar
Yarri Jiark
Task Force 641
Empyrean Edict
#8 - 2012-06-27 22:48:09 UTC
2.5 billion isk sent
Golkan
Doomheim
#9 - 2012-07-27 02:12:26 UTC
Interest payments for this month have been paid out to all investors.

- Golkan
Vexx Dmor
Trans Suns Mining
#10 - 2012-07-27 07:48:07 UTC
With all due respect Golkan, there's a reason why Ponzi schemes (and pyramid schemes in general) are so effective and can generate revenues for decades.. just as long as new bond issues roll out and new investors come in :)

I'm not saying this is a Ponzi scheme, but in all respects.. sure looks like it. All good I guess as long as your not the guy holding the worthless bond at the end I suppose.

I'm also trying to fathom why you want to float a bond if you have 20 B in liquid cash.
Vaerah Vahrokha
Vahrokh Consulting
#11 - 2012-07-27 12:41:04 UTC
Confirming receipt of payment.
GalRedMal
KarmaFleet
Goonswarm Federation
#12 - 2012-07-27 16:23:47 UTC
Vexx Dmor wrote:


I'm also trying to fathom why you want to float a bond if you have 20 B in liquid cash.


Don't know this guy (Golkan) from Adam, but an axiom of investing / business is "use other peoples money'. My guess is that he is following that or the 'investors' are him and he is establishing a 'positive track record' for a future scheme. I hope not.
Taji Taka
The Arcadian Sun
#13 - 2012-07-29 09:56:35 UTC
Confirming receipt of interest payment.
Yarri Jiark
Task Force 641
Empyrean Edict
#14 - 2012-07-30 18:51:38 UTC
interest received
Golkan
Doomheim
#15 - 2012-08-28 02:43:55 UTC
As discussed with the investors, this bond has been extended for an additional 30 days. Interest payments for this period has been sent to all investors and principal was sent back to Taji Taka as she has not responded if she wished to extend or not.

Taji Taka's share of 1.5B is available if anybody want's to get in in the next 24h.

- Golkan
Vaerah Vahrokha
Vahrokh Consulting
#16 - 2012-08-28 05:42:17 UTC
Confirming interest received
Vaerah Vahrokha
Vahrokh Consulting
#17 - 2012-08-28 06:47:00 UTC
I reserve the now free portion of the bond (1.5B), please tell me when to send ISK.
Golkan
Doomheim
#18 - 2012-08-28 14:42:11 UTC
Vaerah Vahrokha, the free portion is reserved to you. You can send the isk to Golkan when your ready.

Thanks!
Vaerah Vahrokha
Vahrokh Consulting
#19 - 2012-08-29 05:14:21 UTC
Golkan
Doomheim
#20 - 2012-08-29 17:55:46 UTC
Confirming reception of Vaerah Vahrokha's 1.5B isk.
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