Market Discussions

Hello MD,
I am Johnathan Galt, which I am sure some of you will find humorous/ironic. I am a trade alt, my main is Lord Azori, who lives and breathes in a C5 WH. I do not claim to be some kind of market genius, or to have invented some amazing way to print isk, as some others do here in MD. My methods are tried and true, buying certain items in Jita and then selling them off in another market hub. I have steadily increased my NAV, mostly with the help of a 1.5 B ISK injection from a snazzy program that Estel ran a month ago or so. After paying back the PLEX from that program, I have increased my net worth at a fairly steady pace, but find myself bumping up against free capital limitations. Hence this bond offering.


Bond Details
- 2 Billion ISK total requested
- 1 month offering, closing on 8/10/12, 10% interest payed out on the 10th of each month.
- Option of investor to roll over investment into the next month.
- 100 million isk increments please.
- Cash out available at any time with 24 hours notice, cash out will be paid prorated interest rate for the time invested.
- I reserve the right to close the bond with at least 24 hours notice to all investors , returning all invested isk and interest earned.

Why a Bond?
I have been running into free capital problems for a few weeks, and initially hesitated to come to the MD community for a bond. I have seen people get skewered when asking for a bond, and while I hope to fill this bond, I will not get into a forum yelling match about it. Constructive criticism is always welcome! I am hoping to expand my inter-region trading to an additional hub. I have about 30 free market slots and could quickly train more if needed. I did try to expand to another hub a few weeks ago. The problem was I could not reliably keep that one supplied do to money constraints, so I fell back to just one hub. This infusion of capital should allow me to reliably start stocking a second hub.

Where is Your Collateral (and other security concerns)
My collateral is sitting in a C5 WH, and is used on a regular basis, so therefore it is essentially useless as collateral. I know it is a risk to come to MD looking for an uncollateralized bond offering. I have thought of a few ways to combat this:

- I am happy to share a limited API for JohnathanGalt and Lord Azori with any potential investor with concerns. This will show skills and assets that should at least prove I have been actively trading and I have sufficient assets in the WH to bail me out if needed.
-I have considered submitting to an audit with Vaerah Vahrokha, and while her price of 100 million is not unreasonable for the service provided, it eats into the profits that would be generated by the additional capital a bit much for my tastes. If it turns out, however, that this is key to filling the bond, I will consider it.
-I currently have the NAV to pay this back if needed, just by liquidating everything on my market character. However, as I am not doing anything in the market that is super risky, I cannot imagine it coming to this.
-I use Push Industries to move almost all of my freight, mitigating the risk of a hauling gank.
-All investors will receive weekly updates, with screenshots from EVEPROFIT as evidence of work put in.
-I do have a tiny history (for what it is worth) of paying back uncollateralized loans as evidenced by the program that Estel Again ran a few months back
-I am from Detroit, MI, USA and you can always trust someone from Detroit, cause we work harder, and invented electronic music and make cars and stuff.

Please feel free to EVEmail me any questions or concerns, as this is the best way to reach me because I can check it constantly. Also please feel free to post in this thread if you wish to invest, with the amount you wish to invest, or with any questions. I look forward to working with all of you.

Investor List
- Velicitia - 200 Million Isk - Recieved (Refunded upon closure of the bond on 3/13/13)
- Caelis Boirelle - 400 Million Isk - Received (Refunded upon request on 3/17/13)
- Makro SSRI - 1.4 Billion Isk - Received (Refunded upon closure of the bond on 6/13/13)
- Ristlin Wakefield 1 Billion Isk - Recieved (Returned upon request on 4/19/13)

Refunded Principal Requests
- Caelis Boirelle - 400 Million Isk - Received on 3/16/13 at 14:24 and paid back on 3/17/13 at 1:59
- Ristlin Wakefield - 1 Billion Isk - Received request at 17:21 on 4/19/13 and paid back on 4/19/13 at 17:57
- Markro SSI - 1.4 Billion isk, Repaid upon closure of the bond on 6/13/12 at 3:13
- Velicitia - 200 Million Isk, Repaid upon closure of the bonf on 6/13/13 at 3:13

Potentially interested although I would probably insist on an audit which would have to include Lord Azori. If you're struggling to pay the fee I'm sure we can arrange something.

Also, can you give us some detail on what you intend to do with the money?

It sounds like he's using the same trading method as i. The more items you can import from Jita the more you can sell in your market hub.

He should be able to put those 2 billion into a lot of new orders, hopefully making more than 2,2b in that month. Incase his market is slow he might not be able to make 2,2b out of the 2b and thus losing 200 million. It's basicly a shortcut.

My previous bonds helped me alot!

I would definately fill your bond, if I had the spare capital.

Thank you sir! I will acknowledge in this thread when isk received.

Likewise to what Velicitia said.

400m on the grounds of a full audit.

200m if not.

Well all right then, looks like we are full. I will acknowledge all isk transfers when completed. Caelis Boirelle and Velicitia, I will accept your unaudited offers. Bond will begin on 8/10/12, first interest payment will be issued on 9/10/12. Thank You!

Isk sent.

200m Isk sent.

Just a quick update on everything. I have received 1.8 billion of the pledged 2 billion, with De Guillaume failing to transfer the 200 million that he pledged in time for the bond closing. I am happy with the 1.8 billion in capital as of now, but might seek the additional 200 million after a month of full trading if it is needed. Thank you to all who have invested, profits currently stand at 505 million is in just over 4 full trading days. I will be sending out the first investor reports on 8/17.

Caelis, the original terms of the bond are still intact. I don't how I could possibly hold other investors financially culpable for someone else probably just forgetting to transfer some isk. Thank you for your offer, I will keep that in mind.

JG