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[Closed] [Filled] Bond Offering - 9b @ 8% for one month

Author
Darrien Hawkins
Doomheim
#1 - 2012-11-07 18:58:33 UTC  |  Edited by: Darrien Hawkins
About the investee:



--My previous offerings--

-Closed This was my first offering; I was unsuccessful in attracting investors.

- [Closed] [Filled] Fully Collateralized 2b bond, 9% 30 days This bond was filled entirely by BringNRain, Vaerah Vahrokha confirmed I returned the investment plus interest with an API check. The investor later confirmed that I returned the isk as well.
- [Closed] [Filled] uncollateralized 2b bond, 9%, 30 days This bond was filled by Makro SSRI via an in-game discussion. The investor confirmed that I returned the investment plus interest.
- [Closed] [Filled] Bond Offering - 5b @ 9% for two months This bond was filled by Blueprint Seller. The investor confirmed that I returned the initial investment plus interest in full.

--My Business--

I am a character trader, and have been trading characters actively for the past four months now.

--Why I am seeking an investment--

As with my previous bond, I am seeking additional isk to exploit any opportunities that may arise in the character bazaar. Over the last four months I have found that having about 20b isk on hand is ideal for the way I operate. 9b isk, combined with my current liquid isk would put me right where I want to be.


Assets, Liabilities, and Risks:



--Assets--

- 12.7b isk, liquid

- Various t1, t2, t3 and faction ships; as well as a small stock of t1, t2, faction and DED modules. Estimated value: 5.6b isk

- One character with an estimated value of 12b isk when training is complete. (medium term project)

- One character with an estimated value of 10b isk.

--Liabilities--

- I owe no isk or assets informally

- I have no outstanding debt obligations here on MD

--Risks--

- From the investor perspective, there is the possibility that I will run with the isk. I could swear up and down that this isn't going to happen, but as this is an uncollateralized bond, the risk is there in the eyes of investors.

- There is a possibility that I loose all my isk; barring a catastrophic meltdown of the character market, this is nearly impossible however.

- There is the possibility that I die unexpectedly.


Bond Terms:



- Please invest in increments of 100 million isk; other than that, there is no minimum or maximum amount that a potential investor is restricted to purchasing.

-The bond will last for 30 days. The interest rate of 8% will be paid in full along with the initial investment when the bond is complete. The total interest paid out will be 720 mil for the whole bond.

- I reserve the right to repay principal, plus interest in full before the bond fully matures.


Please feel free to contact me here or through mail regarding any questions or concerns you may have.
Darrien Hawkins
Doomheim
#2 - 2012-11-07 18:58:53 UTC  |  Edited by: Darrien Hawkins
--Investors who have invested in my bond--

- Irken Slushk - 3b
- Blueprint Seller - 6b
Irken Slushk
Federal Navy Academy
Gallente Federation
#3 - 2012-11-07 21:39:16 UTC  |  Edited by: Irken Slushk
Hey Darrien, mark me down for 3bn isk worth of shares please, let me know when you are ready for the isk.
Darrien Hawkins
Doomheim
#4 - 2012-11-07 22:20:02 UTC
Irken Slushk wrote:
Hey Darrien, mark me down for 3bn isk worth of shares please, let me know when you are ready for the isk.


Ideally, I would like for you to hold on to your isk until enough interested investors have come forward to fill the bond completely. At that point I will send out a mail asking all investors who have reserved a place to send their investment. This makes it easier on me as the bond will have one clear start date (when I send out the mail). However, if you will be busy IRL over the next few days I will accept your isk now. (I might end up having your isk a little longer if takes a couple of days for the bond to be filled).

For now though, I have added you to the list of investors who have reserved an amount to invest.
Blueprint Seller
Bring Me Sunshine
#5 - 2012-11-08 08:35:06 UTC
I would be happy to either fill the entire bond or take the outstanding portion.
Darrien Hawkins
Doomheim
#6 - 2012-11-08 19:17:46 UTC
Blueprint Seller wrote:
I would be happy to either fill the entire bond or take the outstanding portion.


I have already confirmed Irken Slushk a 3b portion so I can only write you in for 6b Blueprint Seller.

This bond is now fully reserved.

I ask the following investors to please send their isk within the next 24 hours:

Irken Slushk - 3b
Blueprint Seller - 6b

The official start date of the bond is 2012.11.08.

The bond will mature on 2012.12.08.
Irken Slushk
Federal Navy Academy
Gallente Federation
#7 - 2012-11-09 03:39:57 UTC
Isk has been sent, I look forward to doing business with you.
Blueprint Seller
Bring Me Sunshine
#8 - 2012-11-09 06:24:39 UTC
Isk sent.
Darrien Hawkins
Doomheim
#9 - 2012-11-09 18:26:40 UTC
Irken Slushk wrote:
Isk has been sent, I look forward to doing business with you.


Confirmed, 3b received. 3.24b isk is due to you when the bond matures.

Blueprint Seller wrote:
Isk sent.


Confirmed, 6b received. 6.48b isk is due to you when the bond matures.


The bond will mature on 2012.12.08.

Many thanks to you both for filling my bond, and feel free to contact me with any questions or concerns.
BringNRain
Easily.Offended
#10 - 2012-11-10 16:05:08 UTC
next time i would like to continue fill all of your bonds personally, if VV as usually is involved.
We can discuss in private term and conditions and quantity.
Let me know ;)
Darrien Hawkins
Doomheim
#11 - 2012-11-10 19:10:44 UTC
BringNRain wrote:
next time i would like to continue fill all of your bonds personally, if VV as usually is involved.
We can discuss in private term and conditions and quantity.
Let me know ;)


Hey there BringN. My last couple of offerings have been uncollateralized, and without third party involvement.

I have considered the possibility of taking my loans private, or at least offering some sort of reserved placement for legacy investors (I will probably do this). The nature of my business is such that my isk on hand swings wildly from one day to the next. It would be nice to have a group of investors who I can go to and essentially say "I would like to borrow x amount at y interest for z time; are you interested?". I suspect that this is how most loans are made in eve; either privately between business associates or corp mates. The upside is that it is hassle free for everyone involved, the downside at least for the investee, is that a single investor or a small group of investors may become inactive or quit playing eve entirely. The investee, who has built up a partnership based upon mutual trust with these individuals is left in a bad position.

Also, I apologize to any investors who stumbled onto my bond thinking it was not filled; I have edited the subject line to state that this bond is indeed filled.
Darrien Hawkins
Doomheim
#12 - 2012-11-23 07:15:43 UTC
I have sent a short report to both of my investors. Have a happy holiday season everyone!
Darrien Hawkins
Doomheim
#13 - 2012-12-03 10:28:18 UTC
I have decided to repay my loans early. The following amounts have been sent:

Blueprint Seller- 6b + 480 mil
Irken Slushk- 3b + 240 mil

I have asked both of my investors to confirm that they have received the above amounts here. Once they have done so, this bond will be closed.
Blueprint Seller
Bring Me Sunshine
#14 - 2012-12-03 10:42:21 UTC
Darrien Hawkins wrote:
Blueprint Seller- 6b + 480 mil

Confirmed and thanks.
Irken Slushk
Federal Navy Academy
Gallente Federation
#15 - 2012-12-04 05:28:51 UTC
Confirming I received isk, thank you Darrien.
Darrien Hawkins
Doomheim
#16 - 2012-12-04 05:54:22 UTC
This bond is now closed.