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CODE. Alliance Bonds [Limited Supply]

First post
Author
Globby
Never Ignorant Gettin' Goals Accomplished
Gimme Da Loot
#41 - 2015-07-03 08:27:40 UTC
Wolfs Clothing wrote:
I am a bit confused, if your members gank for fun and at their own expense ... why do you need isk for ships?


What? They don't gank at their own expense, the expense is the alliance provided ships.
Lan Wang
Federal Navy Academy
Gallente Federation
#42 - 2015-07-03 08:48:32 UTC
so where is the 100bil donation that you got?

Domination Nephilim - Angel Cartel

Calm down miner. As you pointed out, people think they can get away with stuff they would not in rl... Like for example illegal mining... - Ima Wreckyou*

Arix Thar
#43 - 2015-07-03 08:59:27 UTC
Let's see, "loyalanon cannot post on the forums" and yet he's supporting and backing the bond. I'm curious as to why he cannot post but in reality this whole bond is a giant train wreck that won't go anywhere. Even if he posted now it's too late.

I'm watching you!

Lea Stormkin
Mum Holdings
#44 - 2015-07-03 09:51:15 UTC
This sounds interesting and I'll probably give it a shot.
Because I've gotten semi-rich from station trading (by my standards), but I've hit a wall. This looks like a good way to make the jump to trading the more expensive items, but I'm a bit on the fence as it's not exactly pocket change. It's a bit risky, which is making me a bit reluctant.

I'll jump in for 5 shares at 1bil each. If it turns out to be a scam, eh, I'll just make it back. If not, 7.5% is higher than my current overall trading margin, so it's all good.

Globby
Never Ignorant Gettin' Goals Accomplished
Gimme Da Loot
#45 - 2015-07-04 17:30:32 UTC
Lan Wang wrote:
so where is the 100bil donation that you got?


code never received a 100 bil donation, please stop trying to derail the thread over and over. tia
Elizabeth Norn
Nornir Research
Nornir Empire
#46 - 2015-07-04 19:57:52 UTC
Globby wrote:
Lan Wang wrote:
so where is the 100bil donation that you got?


code never received a 100 bil donation, please stop trying to derail the thread over and over. tia


Are you calling your lord and saviour a liar?

http://www.minerbumping.com/2015/07/top-supporters-for-june-2015.html

https://forums.eveonline.com/default.aspx?g=posts&m=5845363#post5845363
solarius lunarian
Nebula Tactics
#47 - 2015-07-04 20:19:27 UTC
People invest because they believe they can make isk.

I don't understand the logic of this, if you are transferring everything to Loyalanon why does the money need to go through your hands at all?

Why is he "unable to post on the forums"?

Why is there no collateral at all? I understand not fully collateralizing a loan but not offering any collateral in a game that allows scams doesn't make any sense, since your reputation is already shot from previous events I don't see any incentive for you to pay this back.

7.5% is nowhere near high enough to justify the kind of risk you are asking investors to take
Siegfried Cohenberg
Cohenberg's Ethical Hauling
Freighter Friends
#48 - 2015-07-04 23:25:59 UTC
solarius lunarian wrote:
People invest because they believe they can make isk.

I don't understand the logic of this, if you are transferring everything to Loyalanon why does the money need to go through your hands at all?

Why is he "unable to post on the forums"?

Why is there no collateral at all? I understand not fully collateralizing a loan but not offering any collateral in a game that allows scams doesn't make any sense, since your reputation is already shot from previous events I don't see any incentive for you to pay this back.

7.5% is nowhere near high enough to justify the kind of risk you are asking investors to take



if you 're skepitcal then don't invest. People like me and others can take advantage of this offer and make some passive isk while funding the destruction of whales.
Globby
Never Ignorant Gettin' Goals Accomplished
Gimme Da Loot
#49 - 2015-07-04 23:33:11 UTC
I don't understand why people can't read the thread before they post.

CODE is not The New Order, we are one organization that follows The New Order.

Just because The New Order received money, that doesn't not mean CODE received any of it.
okoolos rimmer
Napkin Nation
#50 - 2015-07-05 05:16:44 UTC  |  Edited by: okoolos rimmer
We do read the thread. Let me spell it out for you:
1) You stole/procured/apprehended/liberated (whatever word you want to use) isk from one of your previous corps. Hence we don't trust YOU.
2) Whatever corp/alliance/religious organization/charity/collective you represent has no MD loan history. Hence we don't trust IT.
3) No Collateral.

Conclusion? No loan.

ps. Keep it up. Highly entertaining thread of us telling you same thing over and over in different ways.
Alexi Stokov
State War Academy
Caldari State
#51 - 2015-07-05 06:22:30 UTC
okoolos rimmer wrote:
We do read the thread. Let me spell it out for you:
1) You stole/procured/apprehended/liberated (whatever word you want to use) isk from one of your previous corps. Hence we don't trust YOU.
2) Whatever corp/alliance/religious organization/charity/collective you represent has no MD loan history. Hence we don't trust IT.
3) No Collateral.

Conclusion? No loan.

ps. Keep it up. Highly entertaining thread of us telling you same thing over and over in different ways.


Not to mention you claim that ganking is profitable. You've been ganking forever now and yet you are here needing money. This calls into question the legitimacy of this proposal.
Casterly Kansene
Garoun Investment Bank
Gallente Federation
#52 - 2015-07-05 07:15:55 UTC
Well, this seems like a decent deal..
I guess i'l take the risk and buy 4 bonds from you guys.
Have sent an in game mail to Globby, with associated ISK.

Regards
Casterly
Ripblade Falconpunch
Deep Core Mining Inc.
Caldari State
#53 - 2015-07-05 13:31:22 UTC
This thread is pure gold.

The NPC alts posting claims of their fantastic and wonderful experiences loaning CODE. money were priceless.


Best "loan / bond" thread on MD in a while - don't let me deter you though Globby, please continue telling us why we should loan money to your valued and cherished organization full of upstanding citizens that is such a fantastic asset to the game.
Pontryvel Crendraven
Federal Navy Academy
Gallente Federation
#54 - 2015-07-05 15:51:01 UTC
Let me see....

If I lost a 57m ISK pod worth of implants to CODE. a few weeks / days back, can I get my investment back with interest?

+
Are those yearly interest rates or monthly or what?

Are the monthly rate divided by 12 months (not to mention they are not to be divided by 12 inches)?

Are the interest rate paid out daily or monthly?


(Since I do not fly much these days / weeks / months , I look for reliable investment offers.)
Siegfried Cohenberg
Cohenberg's Ethical Hauling
Freighter Friends
#55 - 2015-07-06 04:10:16 UTC
Pontryvel Crendraven wrote:

Are those yearly interest rates or monthly or what?


its 7.5% interest per month
Pontryvel Crendraven
Federal Navy Academy
Gallente Federation
#56 - 2015-07-06 14:38:57 UTC  |  Edited by: Pontryvel Crendraven
Siegfried Cohenberg wrote:
Pontryvel Crendraven wrote:

Are those yearly interest rates or monthly or what?


its 7.5% interest per month
Synchronized pay schedule?

I don't mean to rip you off but 7.5 per month without compound interest at any rates or schedules equal to =
90% yearly.

Which is 30% over 60% (7.5% x 12 months per year) even if it is lower than compound interest which are normally not negative...

Too good to be true, unless I am made to be lying?
JOEMAMA69
Science and Trade Institute
Caldari State
#57 - 2015-07-06 14:55:03 UTC
Why is the coupon rate listed as a monthly rate, why do you not specify compounding periods? I assume you're saying they are compounded monthly. This should be called a loan not a bond, especially since there's no secondary market to trade these bonds thus the coupon = yield at all times. The effective interest rate is not clear.


How is someone supposed to invest if you have no idea what you are doing? Can I cash out my coupons monthly but keep the principle invested?
Malcolm LaGrange
Doomheim
#58 - 2015-07-06 15:42:11 UTC
>steals 250b worth of ganking ships
>is begging for isk for ganking ships
4chan SlashPOL
Trillium Invariant
Honorable Third Party
#59 - 2015-07-06 16:54:50 UTC
Is there a way to make sure that we are not being scammed? It's not like you have a good track record. Could you get some kind of 3rd party or collateral?
okoolos rimmer
Napkin Nation
#60 - 2015-07-06 18:40:57 UTC
This loan request is all Greek to me.Blink