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[URAIL] Share buyback

Author
Oxianes
Universal Railways
#1 - 2014-07-19 15:24:01 UTC
Hello there.

Some of you may remember Universal Railways (URAIL for short), and some of you may not.
Regardless, URAIL has been defunct and out of business for a while now. In addition, I've been away from EVE.
However, there are still shares in URAIL on a variety of characters; people who paid 15 million ISK/share (as per this post) to receive those.

That ISK have been mostly idle in the corporate wallet, and have been a growing pain on my conscience. As the company is no longer running, I figure it'd be best to get the ISK back into the hands of investors instead of idle in the corporate wallet.

I deeply apologize for the lack of communication on my part, and for the fact that URAIL died suddenly. There were a number of reasons for this death, but I have no excuse for being so idle or silent. I should have done this back in 2012, when Block Ukx posted about it (and I expressed that I'd be willing to do this - I just never got around to actually doing it). I accept any and all blame.

To, hopefully, make amends, the shares will be bought back at above the purchase price. That is, the buyback offer stands at 20 million ISK/share (this is more than what is currently in the corporate wallet, but I am willing to take that loss). There are currently 10 shareholders outside of URAIL/old management.

I understand that this is a bad compensation and that, for most of you, just a drop in the bucket. It's also WAY overdue.

Please indicate in this post or by evemailing either me or Dezolf (my main). If there are no objections, I will post the current shareholders (this is not done now as I'm sure there might be some who'd rather stay anonymous)

TL;DR: URAIL will be buying back shares at 20 million ISK/share. Sorry for the delay.
Dezolf
DAX Action Stance
#2 - 2014-07-19 15:24:34 UTC
Posting to confirm that Oxianes is my alt, and that you can contact either of us per evemail.

In addition, if anyone wishes to discuss URAIL in private, feel free to contact me. I will also do my best to answer any questions made in this post. There are currently no plans for restarting URAIL with me in charge.