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[GLTB#1] Long Term Bond 350b - Closed after 2+ years!

First post
Author
Grendell
Technologies Unlimited
#1 - 2011-10-03 03:43:07 UTC  |  Edited by: Grendell
Original Thread
www.eveonline.com/ingameboard.asp?a=topic&threadID=1504571

Hello fellow MD readers,

On behalf of an anonymous party I will be gathering funding for a 350b bond. Because the duration of the bond the interest rate will be lower than the current standards used in MD. Given the stability and intended duration of the bond it will make up for all those times investors have isk sitting idle looking for a new investment. So it would largely equate to the same returns.

> Once a month, the interest payment will be made, likely to be done within the 1st week of each month.
> In the event of a default, investors will be refunded their capital investment and accrued interest to that point if possible. Any isk after the liquidation will be taken as my fee.
> Previous public and private investors will get priority, as will larger investors over smaller investors. This is to make things easier for me.


The anonymous party will be transferring collateral over to me to cover to full amount of the bond. Collateral will be in the form of various T2 BPO's. Each BPO has been under-valued 15% below market value as I'm extra cautious with this volume of ISK and I don't like the standard 10% safety net.


The total Bond size will be 350b isk.

The terms:
1b isk minimum investment
1b investment increments
1.75% monthly interest for investments below 50b
2% monthly interest for investments 50b and above
No fixed duration (Approximately 2-4 years)
Cash out requests requires a 1 month notice, and will be cashed out as funds are available
Periodically the bond will be lowered as the client buys back bonds from investors.

Current Investors:
Miasma May - 50b - 11/20 Cashed out June. 16th ,2012
Vahrokh's Emergencies Relief Trust (previously Kara Roideater) - 35b11/20 Cashed out May. 13th ,2012
Lanu - 4b11/20 Cashed out May. 13th ,2012
Anonymous I - 120b11/20 Cashed out Dec. 21st ,2012
Lanu - 46b11/20 Cashed out Dec. 21st ,2012
Manentia - 25b11/20 Cashed out Dec. 21st ,2012
jyppy - 20b - 11/20 Cashed out Dec. 21st ,2012
ursu5 - 20b - Cashed out Dec. 21st ,2012
Ruiryu - 20b - Cashed out Dec. 21st ,2012
Junnichi Asakura - 5b - Cashed out Dec. 21st ,2012
Mindlles - 3b - Cashed out Dec. 21st ,2012
Bazzelmeister - 1b - Cashed out Dec. 21st ,2012
Midas 9192 - 1b - Cashed out Dec. 21st ,2012

Backup Investors:
Link: https://forums.eveonline.com/default.aspx?g=posts&t=67004

Notes of interest:
->> Sunday May 1st 2011, Changed Interest rate options for investment size! (*Thank you candy for sparking the idea)
->> Sunday October 2nd 2011, Thread re-created on new forums.

Investing:
> Reserve an amount 1b+ with increments of 1b.
> Post your reservation here
> Eve-mail your reservation for anonymity
> The monthly intervals will be the 1st of each month

Previous Public Offerings
Public Offering for 175b - http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1251932
Public Offering for 225b - http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1355541
Public Offering for 100b - http://www.eveonline.com/ingameboard.asp?a=topic&threadID=1457563

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Grendell
Technologies Unlimited
#2 - 2011-10-03 03:43:16 UTC  |  Edited by: Grendell
Re-created the thread since we now have new forums.Blink
Also interest is going to be paid tomorrow, I have to re-install my EVE client and it's a bit late here so I'd like to get some sleep.Lol

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

CCP Spitfire
C C P
C C P Alliance
#3 - 2011-10-03 08:04:28 UTC
Offtopic posts removed.

CCP Spitfire | Marketing & Sales Team @ccp_spitfire

Grendell
Technologies Unlimited
#4 - 2011-10-03 16:26:09 UTC
Interest paid.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

jyppy
Blue Republic
RvB - BLUE Republic
#5 - 2011-10-04 18:44:47 UTC
Isk received.

'I don't want to be a puffin'

Grendell
Technologies Unlimited
#6 - 2011-10-25 14:23:17 UTC
25b isk will be available starting the first week of November. I'll be taking reservations here or via eve-mail on a first come first serve basis, but larger investments and previous investors may receive priority.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Grendell
Technologies Unlimited
#7 - 2011-10-25 17:32:26 UTC
25b has been filled.

Will be listed as: Anonymous II b - 25b - Pending

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Grendell
Technologies Unlimited
#8 - 2011-11-02 17:08:21 UTC
-> Interest paid.
-> Swapped my personal 45b isk investment out, for isk from an investment portfolio I manage(GIP).

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

jyppy
Blue Republic
RvB - BLUE Republic
#9 - 2011-11-02 18:28:03 UTC
Isk Received.

'I don't want to be a puffin'

Lanu
0utbreak
#10 - 2011-11-02 20:01:29 UTC
Confirming ill invest 100b in GLTB.
Grendell
Technologies Unlimited
#11 - 2011-11-02 20:06:00 UTC
Lanu wrote:
Confirming ill invest 100b in GLTB.


Confirming Lanu will be taking 100b of the GIP portion.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Miasma May
Trident Engineering
#12 - 2011-11-04 11:19:29 UTC
Confirming Isk received.


MM
Grendell
Technologies Unlimited
#13 - 2011-11-14 20:40:09 UTC
Lanu will be looking to get some liquid isk, so he will be cashing out 50b from GLTB. So there is now 50b available for the next interest cycle!

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Junnichi Asakura
Royal Amarr Institute
Amarr Empire
#14 - 2011-11-15 07:37:10 UTC
I'll take 5b please. Isk ready to send asap (work permitting!)
Grendell
Technologies Unlimited
#15 - 2011-11-15 18:28:37 UTC
I've added the following to the backup list:
Junnichi Asakura - 5b
Anonymous II b - 45b - Received


I will contact Lanu and advise him I've found replacements. So please do not send your isk until I've spoken to Lanu. As he might want to be bought out now or at the end of the month. I'll get you both the details shortly!

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Lanu
0utbreak
#16 - 2011-11-15 22:57:04 UTC
I'd like to be greedy and claim the interest from November, or do you pay that out on a per day basis?

If I do not lose the payment then I really do not care :p
Grendell
Technologies Unlimited
#17 - 2011-11-15 23:12:57 UTC
Lanu wrote:
I'd like to be greedy and claim the interest from November, or do you pay that out on a per day basis?

If I do not lose the payment then I really do not care :p


We're half way through the month, so we can just cut the months interest in half and voila! So if that works for you, I'll go ahead and let the others know they can send isk in.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Lanu
0utbreak
#18 - 2011-11-16 00:57:30 UTC
Grendell wrote:
Lanu wrote:
I'd like to be greedy and claim the interest from November, or do you pay that out on a per day basis?

If I do not lose the payment then I really do not care :p


We're half way through the month, so we can just cut the months interest in half and voila! So if that works for you, I'll go ahead and let the others know they can send isk in.



Yep that will work for me!
Grendell
Technologies Unlimited
#19 - 2011-11-16 01:59:58 UTC
Lanu wrote:
Grendell wrote:
Lanu wrote:
I'd like to be greedy and claim the interest from November, or do you pay that out on a per day basis?

If I do not lose the payment then I really do not care :p


We're half way through the month, so we can just cut the months interest in half and voila! So if that works for you, I'll go ahead and let the others know they can send isk in.



Yep that will work for me!


Ok, I've sent both investors mails and will have you swapped out as soon as I get their isk sent in! I will keep you posted.Smile

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Junnichi Asakura
Royal Amarr Institute
Amarr Empire
#20 - 2011-11-16 07:22:24 UTC
Confirming Isk sent.

JA
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