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2.8bil loan 3% interest Collateral 1 Week
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Out onBail
Brutor Tribe
Minmatar Republic
#1 - 2013-03-19 00:48:05 UTC
Required ISK: 2.8 billion
Interest: 3%
Collateral: Will explain below
Payback expected in : within a week

Hello potential investor!

I'm looking for a 2.8bil loan with "collateral". The reason i use air quotes around collateral is, the collateral that i would be using, is also what i would be making money with. I currently have a substantial amount of ore located in null sec, and atm i have no way of getting this to market. With your 2.8billion investment I will purchase a rorqual in order to compress my ore, and get it into highsec.

This is an easy way for you to make a quick 3% interest on 2.8bil, as it wont take long to compress all the ore/transport it.


API key can be provided.
Lux Imperator
Deep Core Mining Inc.
Caldari State
#2 - 2013-03-19 02:10:29 UTC
Out onBail wrote:
Required ISK: 2.8 billion
Interest: 3%
Collateral: Will explain below
Payback expected in : within a week

Hello potential investor!

I'm looking for a 2.8bil loan with "collateral". The reason i use air quotes around collateral is, the collateral that i would be using, is also what i would be making money with. I currently have a substantial amount of ore located in null sec, and atm i have no way of getting this to market. With your 2.8billion investment I will purchase a rorqual in order to compress my ore, and get it into highsec.

This is an easy way for you to make a quick 3% interest on 2.8bil, as it wont take long to compress all the ore/transport it.


API key can be provided.


So let's get this strait.

Ore is located in null (probably in one of your alliance station ?). Investor takes the collateral and gives you cash.
You buy ship. Return the isk with interest. And all done ?

What is the collateral exactly ? ( what minerals and what quantity of each type - print screens would be nice)
How can you guaranty the access to the collateral in case of default ?
Elizabeth Norn
Nornir Research
Nornir Empire
#3 - 2013-03-19 02:20:56 UTC
You certainly could've picked a better named alt to introduce yourself with.

How do we know you own said ore, or can even fly a Rorqual? This doesn't seem so easy to me.

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Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
Out onBail
Brutor Tribe
Minmatar Republic
#4 - 2013-03-19 02:23:38 UTC
Hence the quotes around collateral. I honestly don't see the loan defaulting, as the only way it could go south would be me losing the ship, However i find the odds of that to be incredibly low. Its basically as you say, once i get the money I will be buying a rorqual, I compress my ore, have a friend jump freighter it to high and sell it.

Ore

I'm also lowering the amount needed to 2.5bil.

As i said i can provide api keys to those interested
Lux Imperator
Deep Core Mining Inc.
Caldari State
#5 - 2013-03-19 02:33:27 UTC
Out onBail wrote:
Hence the quotes around collateral. I honestly don't see the loan defaulting, as the only way it could go south would be me losing the ship, However i find the odds of that to be incredibly low. Its basically as you say, once i get the money I will be buying a rorqual, I compress my ore, have a friend jump freighter it to high and sell it.

Ore

I'm also lowering the amount needed to 2.5bil.

As i said i can provide api keys to those interested


Now I'm starting to think :)

Got it. So the ore would never be in the lenders possession ?
That is not collateral. Not even 'collateral' .

I'm out because of the fact you present the loan as being with collateral when in fact is not.

I like people that are clear and direct from the first word they wrote.
Vera Algaert
Republic University
Minmatar Republic
#6 - 2013-03-19 06:13:46 UTC
Why don't you just sell the ore to some CFC scrub who has a Rorqual?

.
Andres Talas
Center for Advanced Studies
Gallente Federation
#7 - 2013-03-19 11:22:39 UTC  |  Edited by: Andres Talas
HI, Im CFC, so I guess I'd better take responsibility for him before he lets the side down with what *appears* to be a remarkably clumsy scam.

OK, lets start at the start : is the ore in CFC or HBS space, or somewhere really weird ?

Second, are you aware of the phrase "goonfucking", and what that means for CFC-on-CFC scams ?
Out onBail
Brutor Tribe
Minmatar Republic
#8 - 2013-03-19 12:02:27 UTC
I kind of find it funny how everyone thinks this is some sort of a scam but i guess that is the to be assumed when you dont offer real collateral. Therefore I will change my requests to something more in your favor.

I will put up 2.3bil in collateral(ore) for a 2 billion loan. However since my original plan was just to sell that ore i will need to up the amount time to 2 weeks and respectively increase the interest to 5%. That way i can just mine another 2bil worth of ore.

In all honesty im kind of annoyed that so many people think this is a scam. I was about to just buy 2bil worth of plex but id rather just prove everyone wrong. A noob i may be but a scammer i am not.
Lux Imperator
Deep Core Mining Inc.
Caldari State
#9 - 2013-03-19 12:12:17 UTC
Out onBail wrote:
I kind of find it funny how everyone thinks this is some sort of a scam but i guess that is the to be assumed when you dont offer real collateral. Therefore I will change my requests to something more in your favor.

I will put up 2.3bil in collateral(ore) for a 2 billion loan. However since my original plan was just to sell that ore i will need to up the amount time to 2 weeks and respectively increase the interest to 5%. That way i can just mine another 2bil worth of ore.

In all honesty im kind of annoyed that so many people think this is a scam. I was about to just buy 2bil worth of plex but id rather just prove everyone wrong. A noob i may be but a scammer i am not.



You should not take it as an offense. Put yourself in our position.
Some dude that you never met or has no reputation comes and requests a loan advertising it as collaterized when in fact is not.
Would you start giving him ISK ?

Accept this as being normal behavior from the community of MD. Everyone is doing their best to make sure scammers don't succeed most of the times.

If you can offer the collateral I will help you out by giving the ISK you need.
I would first need the full API in order to prove that you can mine that mineral and use a Rorq.

Good luck
Lux Imperator
Deep Core Mining Inc.
Caldari State
#10 - 2013-03-19 14:43:13 UTC
Contract received and loan covered.

I think the Minerals are worth around 2.3 bil, I stopped calculating at 2.1 bil :)
Candy Oshea
Techfree Investment Group
#11 - 2013-03-19 15:27:04 UTC
Lux Imperator wrote:
Contract received and loan covered.

I think the Minerals are worth around 2.3 bil, I stopped calculating at 2.1 bil :)



nice purchase, how u gonna get them out though?

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!
Alex Grison
Grison Universal
#12 - 2013-03-19 15:32:17 UTC
Candy Oshea wrote:
Lux Imperator wrote:
Contract received and loan covered.

I think the Minerals are worth around 2.3 bil, I stopped calculating at 2.1 bil :)



nice purchase, how u gonna get them out though?


I can handle this.

yes
Lux Imperator
Deep Core Mining Inc.
Caldari State
#13 - 2013-03-19 16:46:51 UTC
It's collateral guys. No collateral moving or touching. That is my motto Big smile
flakeys
Doomheim
#14 - 2013-03-19 17:07:43 UTC
Lux Imperator wrote:
It's collateral guys. No collateral moving or touching. That is my motto Big smile



What he means if the guy defaults how are you going to get that stuff moved .Roll

We are all born ignorant, but one must work hard to remain stupid.
Lux Imperator
Deep Core Mining Inc.
Caldari State
#15 - 2013-03-19 17:21:00 UTC
flakeys wrote:
Lux Imperator wrote:
It's collateral guys. No collateral moving or touching. That is my motto Big smile



What he means if the guy defaults how are you going to get that stuff moved .Roll


I will see when I get there :) IF I get there
Alex Grison
Grison Universal
#16 - 2013-03-19 17:21:39 UTC
flakeys wrote:
Lux Imperator wrote:
It's collateral guys. No collateral moving or touching. That is my motto Big smile



What he means if the guy defaults how are you going to get that stuff moved .Roll


20$ says that the guy with the minerals in the undockable station bought them without realizing/thinking And was stuck with 2.3 billion in isk that he couldn't do anything with.

In that situation Defaulting on a seemingly safe loan would be a great way to pass off the minerals to someone else, while still getting their whole cash value.

yes
Out onBail
Brutor Tribe
Minmatar Republic
#17 - 2013-03-19 20:09:39 UTC
I find this whole thread to be quite comical. Don't you people have anything better to do?

Here is proof that i'm already making the money back.

Proof All that was mined earlier today.
Alex Grison
Grison Universal
#18 - 2013-03-19 20:21:20 UTC
Out onBail wrote:
I find this whole thread to be quite comical. Don't you people have anything better to do?

Here is proof that i'm already making the money back.

Proof All that was mined earlier today.




Do you know what else is comical?

yes
Alex Grison
Grison Universal
#19 - 2013-03-19 20:38:37 UTC
Alex Grison wrote:
Out onBail wrote:
I find this whole thread to be quite comical. Don't you people have anything better to do?

Here is proof that i'm already making the money back.

Proof All that was mined earlier today.




Do you know what else is comical?



Great question past-alex.


Slothstronaut - One small step for man, 3 and a half hours for slothstronaut

yes
Kaanchana
Tax-haven
#20 - 2013-03-19 21:34:29 UTC
To OP: How do you mine 1 bil of ore a week? Can u share your setup?
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