Market Discussions

Sleekman, I'm satisfied with 100% market value of whatever you decide to use as initial collateral. Anything from minerals to BPOs will do.

You may swap this collateral for your acquired stock of implants at any time during the life of this loan, the valuation of those implants to be determined at the time you exercise this option. Should you exercise this option, the original valuation of the initial collateral will be used, which is 1 Billion ISK.

I will select a 3rd party, which you will have the right to reject for good cause, and I will cover 100% of their fees.

The only risks are:

1) 3rd party absconds with the collateral. This is unlikely, but in such a case I will accept 100% of the loss and forfeit my investment. You will still owe me the interest, however.

2) The value of the implants drops. If that happens, and you exercised your option to exchange the initial collateral for the implants as collateral, then you may exercise your secondary option of having the 3rd party hand me the devalued implants rather than my initial investment at the end of the investment term. You will still owe me the interest, however.

These are the final terms.

***

To those of you attacking Sleekman, grow up, or move along. I'm losing respect for some of you.

Esan, I would like to take you up on your offer, name your third party.
I will make it easier by just starting with market value implants as collateral instead of worrying about this exchange thing.

If you have already acquired 1 billion ISK worth of these implants, then that's perfectly acceptable. I will contact a 3rd party today and have them contact you with the request for a specific number of implants, which you may accept or refuse. Should you refuse, please contact me.

@ TOM

The probability of PI materials dropping in value is significantly higher than with these implants. Thus, if you wanted to hedge your stocks of PI materials by using them as collateral for a loan with me, I would revise the monthly interest rate upward to compensate, and you would be free to accept of reject that revised offer. Please don't make the mistake of thinking that I haven't considered the risks involved. This is a transaction that shifts 100% of the "trust" factor away from Sleekman, making him just as reliable a customer as Chribba himself would be. You clearly have never worked in a bank if you think that serious clients walk into a loan manager's office bowing with hat in hand. You give the man his loan if the reward outweighs the risk, and you smile doing it.

So, was your inquiry about PI materials serious, or were you trying to make some sort of point?

Thank you Shar.

Sleekman, I'm willing to peg current value of the implants @ 40m per unit, despite the price having already climbed somewhat.

You're going to make a lot of money, and I'm happy to finance your efforts.

At your earliest convenience, please contract 25 implants as collateral to Shar Tegral from an accessible highsec station, and I will wire the funds to her in the next few hours.

Pay Chribba 300million then...........You can't win.

Small anekdote wich the signature guys got yesterday:



So i am bored shitless in eve , subbed till 2014 tons of isk doing nothing most old friends leaving or left the game.Basically no goal at all in eve yet i don't want to leave it permenantly.

So there i am , i could hand out free isk but i never liked that since you encourage the lazy even more so the idea came up why not offer my help to others instead.I got a few toons wich can do some industry , lill research and needless to say i have some trade experience.So i venture into the dark world called alliance and corp recruitment looking for some mid sized industry corp.

After having talked with about 10 different corps throughout the evening i had what i came with , a good will to help out others without wanting ANYTHING for myself and no one to take the offer.

Just log in , ask what i can do to help out industry wise and do that ... not one recruiter understood what i wanted.'But what do you want from us?' - nothing - 'So you want to have a percent of the sales?' - nope i want nothing , etcetera.And when they finally understood that i did not want any iskgain for myself and just wanted to help they either didn't believe me or said they did not need help.

Showing good faith and willingness to help others in an online game is harder believe then it is in the reall world , go figure.

Still lesson learned , subbed till 2050 soontm .

I talked to Esan, everything is a go using Shar, the contract was put up yesterday to complete the transaction.

One week left.

Confirming that after initial communication indicated that the Defaulter wished to exercise his entirely reasonable option to relinquish his rights to the collateral, all further attempts to collect on the payable interest amount of 150 million ISK have failed.

Defaulter is hereby red-listed by Samarkand Financial, and thus the entire Khanid Trade Syndicate.

Loss of the 150m in budgeted revenue has been posted to SMKD's ledger, and collateral has been registered as an asset in our long-term investment division.

I think the issue isn't how much one makes in a day, but how much one can make in a day with that amount of money.

That being said, 5%/month on 1bil is horrible.