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10 Bill Bond @ 2% for 2 Months
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Xtreem
Knockaround Guys Inc.
#21 - 2015-06-30 19:34:38 UTC
Thanks, I will await confirmation.

As a heads up ahead of time, I would be happy to both extend and increase investment if the level of collateral is increased at the point of extension you mentioned.
General Ivanvitch
Doomheim
#22 - 2015-06-30 22:26:48 UTC
Waiting to hear from Raw23 collateral is ready to be transferred
RAW23
#23 - 2015-07-01 13:55:43 UTC
General Ivanvitch wrote:
Waiting to hear from Raw23 collateral is ready to be transferred


I'm currently waiting to hear from you that the contract is up. We don't need to do anything complex - just contract it over and mail me when it's done so I know to log in.

When I receive the contract I will double check with the investors that they are happy with both its value and location and they can then transfer the isk to you.

In the event of a default I will get the best price I can within 7 days for the collateral without moving it (I may move it a little if its easy but base your decisions on the assumption that the Rorq at least will be sold in the system it is in). If the lenders all agree to allow more time for the sale I'll give it as long as they like but the decision must be unanimous. Note - I am holding and liquidating the collateral here and disbursing the funds raise in the event of a default. I am not guaranteeing the loan amount.

In the event that an interest payment or payment of the principal is late I will mail the borrower 5 days after the due date with a reminder. If payment is not made within the three subsequent days I will consider the bond to be in default and will move to liquidation.

If anyone has any questions or issues with the approach laid out above please let me know.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
flakeys
Doomheim
#24 - 2015-07-01 16:24:55 UTC
RAW23 wrote:
General Ivanvitch wrote:
Waiting to hear from Raw23 collateral is ready to be transferred


I'm currently waiting to hear from you that the contract is up. We don't need to do anything complex - just contract it over and mail me when it's done so I know to log in.

When I receive the contract I will double check with the investors that they are happy with both its value and location and they can then transfer the isk to you.

In the event of a default I will get the best price I can within 7 days for the collateral without moving it (I may move it a little if its easy but base your decisions on the assumption that the Rorq at least will be sold in the system it is in). If the lenders all agree to allow more time for the sale I'll give it as long as they like but the decision must be unanimous. Note - I am holding and liquidating the collateral here and disbursing the funds raise in the event of a default. I am not guaranteeing the loan amount.

In the event that an interest payment or payment of the principal is late I will mail the borrower 5 days after the due date with a reminder. If payment is not made within the three subsequent days I will consider the bond to be in default and will move to liquidation.

If anyone has any questions or issues with the approach laid out above please let me know.



At least you're being a lot more clear then the eurozone/greece is BlinkLol

We are all born ignorant, but one must work hard to remain stupid.
General Ivanvitch
Doomheim
#25 - 2015-07-01 16:28:26 UTC
Jf has been contracted servers are going down for a restart will trans rouq once servers are up
RAW23
#26 - 2015-07-01 16:49:20 UTC
flakeys wrote:
RAW23 wrote:
General Ivanvitch wrote:
Waiting to hear from Raw23 collateral is ready to be transferred


I'm currently waiting to hear from you that the contract is up. We don't need to do anything complex - just contract it over and mail me when it's done so I know to log in.

When I receive the contract I will double check with the investors that they are happy with both its value and location and they can then transfer the isk to you.

In the event of a default I will get the best price I can within 7 days for the collateral without moving it (I may move it a little if its easy but base your decisions on the assumption that the Rorq at least will be sold in the system it is in). If the lenders all agree to allow more time for the sale I'll give it as long as they like but the decision must be unanimous. Note - I am holding and liquidating the collateral here and disbursing the funds raise in the event of a default. I am not guaranteeing the loan amount.

In the event that an interest payment or payment of the principal is late I will mail the borrower 5 days after the due date with a reminder. If payment is not made within the three subsequent days I will consider the bond to be in default and will move to liquidation.

If anyone has any questions or issues with the approach laid out above please let me know.



At least you're being a lot more clear then the eurozone/greece is BlinkLol


That situation is causing more than a bit of stress in our house Ugh

Fortunately I got a pass on the family holiday this year but the wife is heading over on Monday. Awesome timing Lol

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
General Ivanvitch
Doomheim
#27 - 2015-07-01 17:20:21 UTC
Rouq has been sent via contract now ... Awaiting conformation from Raw23
RAW23
#28 - 2015-07-01 17:25:41 UTC
Nomad received in Jita and Rorq in reasonably accessible Gallente lowsec. If the investors (explicitly accepted in this thread only) are happy with the collateral and location feel free to send your isk to the OP.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
Aileen Morex
Morex Group Inc.
Haven.
#29 - 2015-07-01 17:38:19 UTC
The collateral locations are fine with us. We will transfer the isk when we get home in about 4 hours.
General Ivanvitch
Doomheim
#30 - 2015-07-01 18:00:33 UTC
Upon receiving isk from investors interest payouts will go as followed

Date: 7/30/15
Rate: 2%
Amount: 100 mill per investor

Date: 8/29/15
Rate: 2.5%
Amount: 125 mill per investor

Date: 9/28/15
Rate: 3%
Amount: 150 mill per investor

Upon final pay out bond will be extended to 15 bill as stated in original post
Xtreem
Knockaround Guys Inc.
#31 - 2015-07-01 19:56:26 UTC
my 5bil has been sent.

Happy spending.
General Ivanvitch
Doomheim
#32 - 2015-07-01 21:43:41 UTC
All ISK has been received, May the market treat us well.
Aileen Morex
Morex Group Inc.
Haven.
#33 - 2015-07-01 21:47:36 UTC
Thanks for acknowledging before I got a chance to post. Have fun trading!
Xtreem
Knockaround Guys Inc.
#34 - 2015-08-04 09:34:01 UTC
Interest I believe is now overdue.
RAW23
#35 - 2015-08-07 12:21:22 UTC
The investors have generously agreed to give the OP a little extra time to pay the interest but if nothing is forthcoming we'll move to liquidation of the collateral on Monday.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
RAW23
#36 - 2015-08-10 15:38:32 UTC
Liquidation has begun.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
goodlady Smith
TheCrazy88s
#37 - 2015-08-10 21:01:17 UTC
How much is the Rorq and JF going for?

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles
Elizabeth Norn
Nornir Research
Nornir Empire
#38 - 2015-08-10 21:03:52 UTC
Elizabeth Norn wrote:
Just keep it simple, run one fully collateralized bond and a seperate uncollateralized bond if needed, the latter will also likely require a higher interest rate than the former. The way it looks now is that you're offering a partially collateralized loan with incentives for investors to keep their ISK longer so you can use it as a stepping stone to getting uncollateralized ISK.


General Ivanvitch wrote:
Elizabeth is correct I'm using this system to build up reputation on the market forums. I feel like it is controlled by a few major powers on here and a new guy has to get his foot in the door any way he can


Well there goes the long game.

Free 3rd party services

Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
RAW23
#39 - 2015-08-11 09:57:20 UTC
goodlady Smith wrote:
How much is the Rorq and JF going for?


Both gone Blink

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.
Xtreem
Knockaround Guys Inc.
#40 - 2015-08-11 16:11:18 UTC
Assets have been liquidated by raw23 and the isk divided.

While it is unfortunate this was defaulted, I would like to mention that Raw23 was awesome, quick to answer mails, quick to liquidate the assets and took some real time trying to get this back on track, so while it was a default, it still had some positive take home.

Thanks guys.
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