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Mr Bushar's Bond Run #1: 10M bonds, 30d, 15% interest (DONE, REPAID)

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Darth Tickles
Doomheim
#41 - 2012-07-16 23:48:29 UTC
You forgot to buy a few of your own bonds with blatant alt characters.
Mr Bushar
Doomheim
#42 - 2012-07-16 23:59:45 UTC
Darth Tickles wrote:
You forgot to buy a few of your own bonds with blatant alt characters.


I am not a scammer nor a fraudster.
Dirk Culliford
Zero G Universal Enterprises
#43 - 2012-07-17 00:09:03 UTC
Mr Bushar wrote:
Darth Tickles wrote:
You forgot to buy a few of your own bonds with blatant alt characters.


I am not a scammer nor a fraudster.


I'm glad you cleared that up, thanks for your honesty.

Now, 5 bonds please, take my money!

Mr Bushar
Doomheim
#44 - 2012-07-17 00:26:00 UTC  |  Edited by: Mr Bushar
Eddie Laydon wrote:
Seeing as everyone agrees this is either a scam or a legit offering doomed to fail I hereby lay claim on this thread!


This is not a scam, nor is it doomed to fail, as proven by my operating results thus far.

When I build my reputation, the 10 investors who took the risk first will enjoy high interest rates, while I will be linking back to this thread laughing at the amount of sheeple calling SCAM and FRAUD.

Ever heard of the saying, if you want to be successful in the market do the opposite of what the masses are doing?
Mr Bushar
Doomheim
#45 - 2012-07-17 01:58:01 UTC  |  Edited by: Mr Bushar
UPDATE: I have updated the structure of the agreement to 10M bonds to facilitate investor confidence.

Although 10M is not significant for me in terms of my business, I could at least begin to have a track record of repayments.
For the Investor Loyalty program, however, a minimum of 10 bonds is now required (100M).

We now also have the first investor (negotiated in game for 30M, see original post for details)
Kailean
Caldari Provisions
Caldari State
#46 - 2012-07-17 05:12:13 UTC
Mr Bushar wrote:
Although 10M is not significant for me in terms of my business, I could at least begin to have a track record of repayments.

Yes, because no scammer has ever started out by building trust.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#47 - 2012-07-17 05:27:02 UTC
"General Melchett" wrote:
If nothing else works, a total pig-headed unwillingness to look facts in the face will see us through.
Mr Bushar
Doomheim
#48 - 2012-07-17 12:28:41 UTC
Kailean wrote:
Mr Bushar wrote:
Although 10M is not significant for me in terms of my business, I could at least begin to have a track record of repayments.

Yes, because no scammer has ever started out by building trust.


You do realize that everything someone does, a scammer could also do, and because of the limitation of Eve Online (and the lack of my ability to sign legal contracts), I could be trading bonds and having years of history of repayments and you guys could still claim 'Scammer'?

Honestly, if you think I'm a scammer, good for you. Wonderful. Thank you.
Now, if you don't mind, I'm trying to manage a bond here, and not argue with thick skulls trying to disprove something I obviously cannot.
Rykker Bow
Center for Advanced Studies
#49 - 2012-07-17 12:47:09 UTC
Mr Bushar wrote:


Honestly, if you think I'm a scammer, good for you. Wonderful. Thank you.
Now, if you don't mind, I'm trying to manage a bond here, and not argue with thick skulls trying to disprove something I obviously cannot.


There is no management as you have no investors and no chance of getting any. There are quite a number of likes in this thread and none of them appear to be yours. Take the criticisms and come back with a different character and a different attitude if you ever want to see public funding.

I thought this thread was going to fade away but apparently not. Be right back, going to make some more popcorn.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards
Mr Bushar
Doomheim
#50 - 2012-07-17 12:52:22 UTC
Rykker Bow wrote:
Mr Bushar wrote:


Honestly, if you think I'm a scammer, good for you. Wonderful. Thank you.
Now, if you don't mind, I'm trying to manage a bond here, and not argue with thick skulls trying to disprove something I obviously cannot.


There is no management as you have no investors and no chance of getting any. There are quite a number of likes in this thread and none of them appear to be yours. Take the criticisms and come back with a different character and a different attitude if you ever want to see public funding.

I thought this thread was going to fade away but apparently not. Be right back, going to make some more popcorn.


I already have a couple of investors, one of them is my real life friend for 400M and another is an investor I found in-game for 30M. They are both going to be paid with interest, and I am expecting more investors.

I will be posting my operating results later today, but as a quick preview, I'll say that they're very impressive.
Not as impressive as your operations for Rykker bonds (which I've been following and been a fan of), nor nearly as impressive as Firefly venture capitalists, but I would say that for my line of business and experience they're pretty amazing.
Rykker Bow
Center for Advanced Studies
#51 - 2012-07-17 13:51:33 UTC
With following and being a fan of my previous bonds you must have noticed the troll free and problem free results, even the first one which was for 3b uncollateralized. Why then did you steer away so far from the norm and doing things as you see how they should be? With research you should come across dozens of similar proposals like yours that ended in ruin and dozens more like mine that got funded.

I noticed that your post in the Cheeba thread you admonish Darth for trolling. That is what he does, both intelligently and deviously. Being around the forums for even a couple weeks should have turned that up. All this points to the lack of research and involvement in the community from which you are hoping to get funds from

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards
CorInaXeraL
The Dresdeneers
#52 - 2012-07-17 13:52:43 UTC
How is this thread still alive? Can we finally bury it and quit beating it like a dead horse?
ABRACADABSTRACTART
Doomheim
#53 - 2012-07-17 16:14:38 UTC
See? What did I tell you? Don't poke them with sticks. You do realize you're going to have to start over with another character? It will be mercilessly hounded as well, since it will be too young.

Better luck next time.
Mr Bushar
Doomheim
#54 - 2012-07-17 18:29:22 UTC
Rykker Bow wrote:
With following and being a fan of my previous bonds you must have noticed the troll free and problem free results, even the first one which was for 3b uncollateralized. Why then did you steer away so far from the norm and doing things as you see how they should be? With research you should come across dozens of similar proposals like yours that ended in ruin and dozens more like mine that got funded.

I noticed that your post in the Cheeba thread you admonish Darth for trolling. That is what he does, both intelligently and deviously. Being around the forums for even a couple weeks should have turned that up. All this points to the lack of research and involvement in the community from which you are hoping to get funds from


I did not choose to steer so far away from the norm, but I have to, because this is a new character and I just started playing again. I play for economics and trading. I'm going to get called a scammer and a fraud many more times until people realize it's the real deal.

I was not around the forum for a couple of weeks, but probably around 2 days.
Mr Bushar
Doomheim
#55 - 2012-07-17 18:33:30 UTC
CorInaXeraL wrote:
How is this thread still alive? Can we finally bury it and quit beating it like a dead horse?


This thread is alive because at the moment I am servicing two investors, and this thread will remain with active updates for the duration of the bonds until final repayment.
I am hopeful to service more investors, and I am confident that when I post up today's operating results I will start to obtain more funds.

I am fairly certain that there are many people here who are more than interested in 15% returns.
I think a large portion of the 'resistance' or 'hostility' (which I am not taking personally, as I would be doing the same to a guy with a new character) is the natural response of "this is too good to be true, scam".

I am certain that once I provide excellent operating results on a daily or weekly basis to prove my high level of competence, as well as have several small-amount investors vouch for me, that more people will be interested in earning 15% returns on larger amounts of ISK.
Mr Bushar
Doomheim
#56 - 2012-07-17 18:35:25 UTC
ABRACADABSTRACTART wrote:
See? What did I tell you? Don't poke them with sticks. You do realize you're going to have to start over with another character? It will be mercilessly hounded as well, since it will be too young.

Better luck next time.



Unfortunately, my existence is poking everyone with sticks right now.
What's the chance that a new character offering 15% returns is not a scam? Not very high, I agree.

But I do not think any of this is personal, and I believe people will eventually start investing in 15% return bonds when the rest of the market offers 5 to 10. I have no hard feelings for anyone here.

I am not going to start over with another character because I do not, and will not, have another character.

My reputation is not tarnished, I have never missed a loan payment.
What we're seeing right now is healthy skepticism, which will fade with time.
CorInaXeraL
The Dresdeneers
#57 - 2012-07-17 18:37:25 UTC
Mr Bushar wrote:

My reputation is not tarnished, I have never missed a loan payment.


What other 'loan payments' have you had to repay? A link with validating posts would go far.
Mr Bushar
Doomheim
#58 - 2012-07-17 18:42:50 UTC  |  Edited by: Mr Bushar
CorInaXeraL wrote:
Mr Bushar wrote:

My reputation is not tarnished, I have never missed a loan payment.


What other 'loan payments' have you had to repay? A link with validating posts would go far.


Besides the 400M loan to a friend (which would not count for anything in here), and a 30M loan to another investor (for which I have mail receipt, mail confirmation, wallet receipt, and in the future, mail/wallet transaction payment of 34.5M), not much at the moment.

Finding investors, even for small insignificant amounts of money, is not easy right now.
It is going to take persistence and time to get those first few investors, but when I do, and they vouch for me, it's only going to get better from there.

Operating results should come in shortly :)
Waiting 7 more minutes for my API to update

You will see that amounts (even up to 100M) are extremely insignificant to me at the moment.
The primary purpose these small-number bonds serve is to prove that I am able to manage a system of bond payment schedules and honour them, as well as build confidence with those investors for the future.

My long term goals involve trading with very significant amounts of capital, most of which will come from my profits, and some of which would come from financial leverage.
Mr Bushar
Doomheim
#59 - 2012-07-17 18:58:34 UTC  |  Edited by: Mr Bushar
JULY 17 MID-DAY RESULTS ARE IN

Trade Summary: http://i.imgur.com/YX8EZ.png
Asset Worth: http://i.imgur.com/ant4L.png (** Not Net Asset Value, Current Liabilities = 430M)
Cash Flow Statement: http://i.imgur.com/Dt6t2.png

Last two pictures taken directly from EveHQ.

In three days, I have managed to turn over almost 3.4B of assets giving me a net return of nearly 420M, all with a starting capital of 500M. This will only get better as my available capital increases and my trade skills level up.
CorInaXeraL
The Dresdeneers
#60 - 2012-07-17 19:04:14 UTC
Something smells... 'off', but I can't quite put a finger on it.