Market Discussions

Alrighty, ladies and gentlemen. I know you've all been wondering. Where is Kei Darker and his next bond?? He's almost 20 days late in announcing bond 9! WHAT IS GOING ON!?

Well. This is what has been going on: I've been desperately trying to find a RL job after the funding on my last one fell through. That's what happens when you work for grant funded institutions, kids. Now for the good news: Everything is all good! I'm back in business, so Kei Darker is too.

So, on to the good part that people care about! Right!

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The good part:

It's time for bond 9! (Thunderous applause).

The bond will be structured as follows.

Collateralized portion: 6 Billion at 4%
Same collateral as in bond 8.
Capital Cargo Bay BPO ME160, PE25 - 1B
Megathron BPO ME45, PE9 - 1.1B
Providence BPO ME3, PE0 - 2B
Dominix BPO ME40, PE9 - 0.8B
Raven BPO ME30 PE10 - 1.2B
Noctis BPO ME 40 PE 14: 0.45B
Total Collateral: ~6.55B

Uncollateralized portion: 14 Billion at 7%

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The Plan:

Per usual, the plan will be a lot of station trading. I'm getting a little too big to be strictly station trading uncreatively in one station, so I'll be a bit more creative. By that, I mean I might have to go back to the painstaking practice of regional orders or expanding into multiple hubs. Or both. Who knows. Well, I know. But it's more fun to pretend like there's something mysterious about my trading methods. Everybody acts like it's all proprietary. Whatever.

Main point: I'm going to be trading stuff. Probably a ton of ships and implants, per usual.

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Investors and reservations:

Collateralized portion:
Tom Hagen 6 Billion

Uncollateralized portion:
Oerlikon Llama: 4 Billion
Chantelise: 2 Billion
March rabbit: 2 Billion
Del DelVechio: 6 Billion

Bond will begin once investors have committed and sent ISK. Do not send ISK until I ask. Payout will commence within the following 30 days. (most likely between 26-30 days)

Oh, and if anyone feels like testing out the new API system, I'll gladly create one for you investors so you can check out my trading.

I'll take 6 billion, uncollateralized.

Due to work pressures I am scaling back my eve involvement for the next 9 months or so and won't be getting involved in any new investments or third-party work. Thanks to Kei for reserving me the collateralised portion here but it's time for someone else to get that plum.

Despite this, a couple of questions:
1) Could you provide a little more detail on how your business is doing at the moment (possibly alongside the api release)

2) Now I'm not taking the collateralised portion I can ask: Wouldn't you be better off selling those prints rather than having them sit idle securing loans. If you are not going to use or research them just get rid of them and save yourself the interest payments on the collateralised portion.

3) The last two versions of this bond have seen your uncollateralised borrowing double (if memory serves) from 7 to 14bil in a pretty short space of time. What is the pressing need to add debt this quickly? And would it impact your operations very negatively if you were to take a slower approach to increasing your exposure?

Raw, thanks for the quick response. It's sad you won't be involved with my bonds anymore, but that's alright. Thanks for supporting most of my previous 8 bonds.

The business is going well. For the most part, it's a time commitment thing. Sometimes I make a few hundred million a day. Sometimes, much less. I've got some plans for expansion, but I haven't taken time to get too creative.

As for the collateral, I might be better of selling them. I had planned on using those prints, but every time I do the math, it makes more sense to just keep trading. I suppose I should reevaluate their usefulness or at least consider researching them further.

As for uncollateralized increasing amounts, I base my increases on rough estimates of what I think I'll be able to handle. If, for whatever reason my schedule or ability doesn't allow me to take advantage of the full funding, I scale back the next bond (as I did one bond in the past due to time constraints).

To AT - Thanks for the suggestions, but unfortunately your ideas would leave me in a place I don't have any desire to be. I mostly play Eve because I find it fun to trade and make bonds and engage the community in MD. It's fun to have deadlines, be responsible to people, and trade stuff around.

Marking the collateralized portion as reserved by Tom Hagen. 6 Billion Uncollateralized remain.

I'm going to have to deal with this in every bond I make from now on, aren't I? It's all good. Like I said in bond 1. Bring on the hate.

I want to cover 2b uncollateralized.

I'll fill the remaining uncollateralized portion.

Isk sent.

Investors and reservations:

Collateralized portion:
Tom Hagen 6 Billion - Received

Uncollateralized portion:
Oerlikon Llama: 4 Billion - Received.
Chantelise: 2 Billion - Received.
Del DelVechio: 6 Billion - Received
March rabbit: 2 Billion -Received

Bond officially begins today. Still awaiting funding from Tom Hagen and March rabbit Ganse. Mails going out to both. :)
API to be delivered to investors shortly.

Edit: All isk received.

All ISK received. API sent to investors. 269 orders currently pending on Kei Darker.
Updates to follow in a week or so depending what mood I'm in and how much I've had to drink. :)