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1B Loan request at 12% [COMPLETED - Loan repaid on 20/06/2015]
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KUMAR OK
Perkone
Caldari State
#1 - 2015-04-20 14:44:57 UTC  |  Edited by: KUMAR OK
Greetings! I am looking for extra funds to increase my trading.

Loan: 1B
Rate: 12%
Collateral: None

A little about me
I have recently started trying my hand at trading which with my funds is pretty slow profit, but I am enjoying it and would like to increase the size of the market I can play with. Currently I do only small time station trading in Dodixie but the loan would allow me to create many more buy orders and will be the start of me doing regional trading in the FW area.

Terms
I would pay 12% interest for the 30 day period.

Risks
Killing my hauler, it's a possibility but I don't see it happening. I will get all my bought stuff hauled over with Red Frog over to the highsec station next to a popular lowsec FW area. And do the one jump in a cloaky hauler with an alt watching the gate.
No profit: If this ends up making no profit, you keep the BPC's and I will pay off the rest from my personal wallet, I guess I could buy a plex if I really need to and somehow I lose all of it completely.

Any questions?
Lord LazyGhost
Sebiestor Tribe
Minmatar Republic
#2 - 2015-04-20 18:26:37 UTC
well as ur colat is valued at about 200m ish... not sure if i see this happening 1bil loan with nowhere near enough colat
Cista2
EVE Museum
#3 - 2015-04-20 21:34:41 UTC  |  Edited by: Cista2
KUMAR OK wrote:
recently started trying my hand at trading

Key word right there is "recently".
Your post gives the impression that you have just gotten this idea that you want to be a trader now, and hey would it not be great if someone would give you 1 bn isk because, well that would be more than what you have now.

You need to install confidence in your future investors that you know what you are doing.
Report how much you have traded for and for how long, and how much profit you have made. Since your presentation so far has not been convincing, I recommend offering some api information that proves that you are indeed a trader and handling whatever bulk that it is you are going to claim.

12% is a good rate for you.

My channel: "Signatures" -
KUMAR OK
Perkone
Caldari State
#4 - 2015-04-21 13:53:45 UTC
Thanks for your honesty guys, I thought the rate was pretty good and would explain the collateral a little bit.

The reason I guess I don't sound very convincing is because I don't lie I am quite new to trading. My limited ISK is tied up in buy and sell orders station trading. While I like finding products to buy/sell, I don't love the 0.1 isk war that goes on. I want to go into the market of FW, because a lot of ships explode right there, and pilots will buy odd modules they haven't mass ordered in at a good price. I know which area to go to, I know what to sell there. I feel like there will be less of a 0.1 isk war there, and easier to make straight out profit (although with more effort) and corner a market than a highsec tradehub.

Basically I will keep doing slow station trading in Dodixie and see if I can improve there, but I feel that isn't exactly relevant to this loan as it's a different type of trading. This full investment will go into setting myself up right in the middle of FW which is going to be lucrative enough for me to be asking for this loan, otherwise I simply wouldn't be confident earning enough to pay it back within a certain time period.

If anyone wants to know deeper info don't hesitate to send me a mail.
KUMAR OK
Perkone
Caldari State
#5 - 2015-05-08 12:36:27 UTC  |  Edited by: KUMAR OK
So been a little bit and I am still trading! Much more successfully now I have to say.

I still want to open a little market in FW as my next goal so I am bumping this, without touching my trading fund.

This has been my last week trading results as I reached 1b!

http://i.imgur.com/IgsSFEW.png

I did remove the BPC part collateral.
JohnathanGalt
Northern Sky Industries
#6 - 2015-05-08 17:14:14 UTC
Kumar,
I am interested in partially funding your load request. I would be willing to put up 500m isk, if you are willing to start using www.eve-mogul.com to keep track of your profits and share the weekly report on this forum. This is what it produces: https://www.eve-mogul.com/reports/weekly/78/j7FmGFmU8WosLwtzCVF4Rtdrctl5Xreh Let me know what you think. Maybe someone else will step up to fill the rest of the loan.
KUMAR OK
Perkone
Caldari State
#7 - 2015-05-08 17:46:33 UTC
Thanks for the interest Jonathan. I've looked at eve-mogul before but not liking the monthly subscription attachment I have to be honest. I like jEveAssets as long as it's cleanly managed but I do see the benefits of the reports. I guess if it was to be included in the actual loan for the month I wouldn't mind using it for the duration of the loan.
Pator Aumer
Vast Industries Inc
#8 - 2015-05-08 21:10:10 UTC
JohnathanGalt wrote:
Kumar,
I am interested in partially funding your load request. I would be willing to put up 500m isk, if you are willing to start using www.eve-mogul.com to keep track of your profits and share the weekly report on this forum. This is what it produces: https://www.eve-mogul.com/reports/weekly/78/j7FmGFmU8WosLwtzCVF4Rtdrctl5Xreh Let me know what you think. Maybe someone else will step up to fill the rest of the loan.


I will happily add the 500M.

KUMAR OK wrote:
Thanks for the interest Jonathan. I've looked at eve-mogul before but not liking the monthly subscription attachment I have to be honest. I like jEveAssets as long as it's cleanly managed but I do see the benefits of the reports. I guess if it was to be included in the actual loan for the month I wouldn't mind using it for the duration of the loan.


Register and get an Elite subscription and I will pay for your months sub. (You will need to provide a link to your report to prove it).
KUMAR OK
Perkone
Caldari State
#9 - 2015-05-08 22:49:56 UTC
Pator thank you very much, on those conditions I would be happy to go into business with yourself and Jonathan. I will send both of you an EVE mail to confirm, then I will sort out the start date for the loan, set up eve-mogul and think about any other details before I receive any ISK as I want to do this properly.
Triturus Alpestris
Bad Taste.
#10 - 2015-05-09 05:11:10 UTC
@Pator Aumer So you will pay 150M to make 60M AND possibly get scammed for another 500M.
Pator Aumer
Vast Industries Inc
#11 - 2015-05-09 06:37:14 UTC
Triturus Alpestris wrote:
@Pator Aumer So you will pay 150M to make 60M AND possibly get scammed for another 500M.


All about giving people a chance
KUMAR OK
Perkone
Caldari State
#12 - 2015-05-10 14:03:43 UTC
Just an update as I haven't heard anything from Jonathan yet, if he doesn't reply by the 16th I will have to look for a different investor.
GankYou
9B30FF Labs
#13 - 2015-05-10 15:07:18 UTC
Pator Aumer wrote:
Triturus Alpestris wrote:
@Pator Aumer So you will pay 150M to make 60M AND possibly get scammed for another 500M.


All about giving people a chance


Smile

...And they all crave one thing - ISK. ¤

[WTS] ME10 / TE20 BPOs from Battleships/Cruisers to Fighters, Carriers, Triage/Siege, XL modules & Cap Components
Pator Aumer
Vast Industries Inc
#14 - 2015-05-10 17:39:08 UTC
KUMAR OK wrote:
Just an update as I haven't heard anything from Jonathan yet, if he doesn't reply by the 16th I will have to look for a different investor.


I will honor the full 1B if he doesn't reply.
KUMAR OK
Perkone
Caldari State
#15 - 2015-05-19 22:18:46 UTC  |  Edited by: KUMAR OK
Jonathan has unfortunately not replied, but it seems Pator kindly will be covering the full loan. I have sent confirmation, and am ready for the loan to start from 20th of May.
Pator Aumer
Vast Industries Inc
#16 - 2015-05-20 18:18:45 UTC
KUMAR OK wrote:
Jonathan has unfortunately not replied, but it seems Pator kindly will be covering the full loan. I have sent confirmation, and am ready for the loan to start from 20th of May.


Loan amount has been sent 1B.
150M to cover the evemogul membership has been provided as a gift.
KUMAR OK
Perkone
Caldari State
#17 - 2015-05-20 19:44:11 UTC
Full loan of 1 Billion ISK has been received.

Pay back date 20/06/2015 of 120 Million ISK interest including full loan amount of 1 Billion ISK. May be extended on loaner confirmation.

Eve-Mogul subscription has been paid: http://i.imgur.com/HFOquts.png

Will link report to Pator when active, and maybe public on this forum.

Thanks again Pator, to profitable times ahead for both of us!
GankYou
9B30FF Labs
#18 - 2015-05-21 13:37:44 UTC
New Eden is not without Good people. Smile

...And they all crave one thing - ISK. ¤

[WTS] ME10 / TE20 BPOs from Battleships/Cruisers to Fighters, Carriers, Triage/Siege, XL modules & Cap Components
Elizabeth Norn
Nornir Research
Nornir Empire
#19 - 2015-05-21 13:45:57 UTC
Pator Aumer wrote:
KUMAR OK wrote:
Jonathan has unfortunately not replied, but it seems Pator kindly will be covering the full loan. I have sent confirmation, and am ready for the loan to start from 20th of May.


Loan amount has been sent 1B.
150M to cover the evemogul membership has been provided as a gift.


I would also like a loan where you gift me more ISK than the interest I said I will pay Lol.

Free 3rd party services

Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
GankYou
9B30FF Labs
#20 - 2015-05-21 13:51:22 UTC  |  Edited by: GankYou
Elizabeth Norn wrote:
Pator Aumer wrote:
KUMAR OK wrote:
Jonathan has unfortunately not replied, but it seems Pator kindly will be covering the full loan. I have sent confirmation, and am ready for the loan to start from 20th of May.


Loan amount has been sent 1B.
150M to cover the evemogul membership has been provided as a gift.


I would also like a loan where you gift me more ISK than the interest I said I will pay Lol.


The debtor can now, in good faith, forfeit the interest payment, as the creditor is not look to make money at all.

Next on the line would to return, or not to return the principal amount. Though repaying the loan back in full, along with interest, opens up the door for Would like give pledge uncollateralised 40b.

One then has to decide at which point - 20, 40, 80bn - one should abscond with the space monies.

https://forums.eveonline.com/default.aspx?g=posts&t=202157

Classic scenario.

...And they all crave one thing - ISK. ¤

[WTS] ME10 / TE20 BPOs from Battleships/Cruisers to Fighters, Carriers, Triage/Siege, XL modules & Cap Components
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