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[BOND #2] 20 billion, paying 5% monthly for 3 months, FINISHED!

Author
Tau Cabalander
Retirement Retreat
Working Stiffs
#1 - 2014-02-22 01:05:53 UTC  |  Edited by: Tau Cabalander
Taking reservations for a 20 billion ISK unsecured investment with a 3 month duration beginning March 1 and ending May 31, and paying 5% per month. Minimum investments of 100 million ISK please. Please don't send ISK until instructed to do so, thanks!

I reserve the right to give past investors priority. See "History" below for a link.

Effective return on investment = 3 months * 5% per month = 15%

This offering is largely prompted by me having too many irons in the fire liquidity-wise at the moment, so the ISK from this investment will give me chance to pull each iron out one-at-time, as I've got a ridiculously large amount of assets tied-up in an unmarketable form at the moment.

History
It's been nearly 3 years since my first offering, but this current offering is basically the same:

[BOND #1] 10 billion, paying 7.5%, 3 months, unsecured (FINISHED)

One thing to note about that offering is that I even paid investors a 1% bonus amount above the promised 7.5% amount. The effective return on their investment was 23.5% See posts 50 and 51 in that thread for details.

Some may balk at the amount of the current offering being double my last, but it has been quite a long time since then, and my activities have also grown a lot since then. I was tempted to make this offering for 50 billion ISK, but I thought that was even more likely to be ridiculed.

About Me
I consider myself an industrialist, but not a carebear despite currently residing in hisec. I'm very active on the forums ranked at #30 top poster, posting primarily in the Science & Industry, EVE New Citizens Q&A, and Skill Discussions forums. I enjoy helping others, and hope to help them enjoy EVE as much as I do. Pretty much everything there is to know about me I've posted at one time or another.

I started EVE 2009-02-23, about a week before the Apocrypha expansion was released; it added the New Player Experience (NPE), tutorials, attribute remaps, SoE arc, etc., and w-space. After about a month or two in hisec (primarily in Amarr space, despite being born Caldari), I spent the next ~2.75 years of life living in w-space, which helped me become even more paranoid and suspicious than I already naturally was.

Other than past investors, the best known person to vouch for my trustworthiness is mega-industrialist Proton Power and his army of alts, notably Chris Smith. He still has an alt in my corp with director roles (actually it was his corp until he gave me the CEO position). When not borrowing my BPO, he's trying to convince me to join him shooting stuff in nulsec.

Additional Info
Feel free to post here or EVE-mail me privately if you have any questions, or want additional info. I'll do my best to fulfill the request.
Tau Cabalander
Retirement Retreat
Working Stiffs
#2 - 2014-02-22 01:06:18 UTC  |  Edited by: Tau Cabalander
Investors:

  • 5B Proton Power (ISK Received)
  • 5B Vaerah Vahrokha (ISK Received)
  • 2B Arancar Australis (ISK Received)
  • 1B Raven Paine (ISK Received)
  • 5B Mr JLB Matekoni (ISK Received)
  • 2B Silvetica Dian (ISK Received)

Total Investments: 20B
Total ISK Received: 20B

This filled a lot faster than I expected it would: 10 hours 20 minutes. Maybe I should have aimed for 50B after all.
Arancar Australis
Dead Sun Rising Enterprises
#3 - 2014-02-22 01:32:06 UTC
Hello Tau,

Can you reserve 2 billion for me please?

Cheers,
AA
Tau Cabalander
Retirement Retreat
Working Stiffs
#4 - 2014-02-22 02:42:03 UTC
Arancar Australis wrote:
Hello Tau,

Can you reserve 2 billion for me please?

Cheers,
AA

Reserved! Thanks!
Proton Power
Imperial Academy
Amarr Empire
#5 - 2014-02-22 04:31:49 UTC
5b Reserve.
RAW23
#6 - 2014-02-22 05:01:53 UTC
Hi Tau!

I was just wondering why you don't use your assets for collateral and secure a lower rate if they are currently tied up in an unmarketable form? Those would seem to be the perfect type of assets to secure a bond with.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

RavenPaine
RaVeN Alliance
#7 - 2014-02-22 05:44:05 UTC
I will ask for a 1 bil reservation.
Puts you at the halfway point :)
Tau Cabalander
Retirement Retreat
Working Stiffs
#8 - 2014-02-22 08:45:42 UTC  |  Edited by: Tau Cabalander
Proton Power wrote:
5b Reserve.

Reserved! Thanks!

RavenPaine wrote:
I will ask for a 1 bil reservation.
Puts you at the halfway point :)

Reserved! Thanks!

Actually, still 12B to go. I think you may have double counted 2B reserve from Arancar Australis because of my quoted reply.

RAW23 wrote:
Hi Tau!

I was just wondering why you don't use your assets for collateral and secure a lower rate if they are currently tied up in an unmarketable form? Those would seem to be the perfect type of assets to secure a bond with.

The whole point of this exercise is to convert them into a more marketable form so I can clear them out, so I wouldn't want to tie them up as collateral.
Mr JLB Matekoni
Doomheim
#9 - 2014-02-22 09:53:29 UTC
5B reservation, please.
Tau Cabalander
Retirement Retreat
Working Stiffs
#10 - 2014-02-22 10:09:25 UTC
Mr JLB Matekoni wrote:
5B reservation, please.

Reserved! Thanks!
Silvetica Dian
Imperial Shipment
Amarr Empire
#11 - 2014-02-22 11:10:31 UTC
I will reserve 2 bill please.
I don't normally get involved in these but you go out of your way to help people on these forums so i would like to help your loan to show how much people appreciate that.

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85

Vaerah Vahrokha
Vahrokh Consulting
#12 - 2014-02-22 11:25:23 UTC
Please let me fill the rest. If I am not wrong it should be 5B.
Tau Cabalander
Retirement Retreat
Working Stiffs
#13 - 2014-02-22 11:26:36 UTC
Silvetica Dian wrote:
I will reserve 2 bill please.
I don't normally get involved in these but you go out of your way to help people on these forums so i would like to help your loan to show how much people appreciate that.

Reserved! Thanks!

Thanks for the kind words. I am very grateful for your support! I hope I've not spend all my good-will credit with you for this.
Tau Cabalander
Retirement Retreat
Working Stiffs
#14 - 2014-02-22 11:33:13 UTC
Vaerah Vahrokha wrote:
Please let me fill the rest. If I am not wrong it should be 5B.

Reserved! Thanks!

Ever notice how the epic celebrities get the final credit? Big smile
Tau Cabalander
Retirement Retreat
Working Stiffs
#15 - 2014-02-22 11:41:24 UTC  |  Edited by: Tau Cabalander
This filled a lot faster than I expected it would: 10 hours 20 minutes. Maybe I should have aimed for 50B after all.

All reservations are shown in post #2 in this thread.

Please send me ISK in the amount of your reservation on or before March 1.

Thanks again to all that have participated thus far!
Mr JLB Matekoni
Doomheim
#16 - 2014-02-22 12:10:34 UTC
Sent!
Silvetica Dian
Imperial Shipment
Amarr Empire
#17 - 2014-02-22 12:11:45 UTC
Tau Cabalander wrote:
Silvetica Dian wrote:
I will reserve 2 bill please.
I don't normally get involved in these but you go out of your way to help people on these forums so i would like to help your loan to show how much people appreciate that.

Reserved! Thanks!

Thanks for the kind words. I am very grateful for your support! I hope I've not spend all my good-will credit with you for this.


Unless you have a burning desire to join a small npc null PVP corp and by some miracle have no contacts in such entities after all these years i can't see that my good-will credit is worth much to anyone.

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85

Silvetica Dian
Imperial Shipment
Amarr Empire
#18 - 2014-02-22 12:16:23 UTC
isk sent

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85

Arancar Australis
Dead Sun Rising Enterprises
#19 - 2014-02-22 12:41:47 UTC
Isk sent.

Good luck Tau.

Cheers,

AA
Vaerah Vahrokha
Vahrokh Consulting
#20 - 2014-02-22 14:55:23 UTC  |  Edited by: Vaerah Vahrokha
Tau Cabalander wrote:
This filled a lot faster than I expected it would: 10 hours 20 minutes. Maybe I should have aimed for 50B after all.

All reservations are shown in post #2 in this thread.

Please send me ISK in the amount of your reservation on or before March 1.

Thanks again to all that have participated thus far!


Hello,

if you want I can send another 5B, for a total of 10.

Or 20B, or 30B I don't really care.
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