| Author |
Topic |
Estel Arador |
Posted - 2011.02.19 12:28:00 - [ 31]
I'm not as verbose as you are, but I too can rephrase what I said before:
The amount you can loan is limited by the amount of collateral you can offer.
If you can offer ~500M worth of BPOs as collateral, you can get 450M-1000M (depending on how crazy the investor is).
If you can't offer collateral, you won't get isk.
And quit with the "I've-got-such-a-good-plan-I-can't-tell-you-anything-not-even-what-BPOs-I-have"-bull**** already. |
Liberty Eternal |
Posted - 2011.02.19 12:32:00 - [ 32]
Edited by: Liberty Eternal on 19/02/2011 12:32:37 Originally by: Kethas Protagonist
... Your objection is that the sum I'm asking for doesn't match up with an arbitrary amount, taken out of context, I used in a previous thread? Really? Look, I'm trying to take the objections here seriously, but how am I supposed to even reply to that?
How was I supposed to know it was an arbitrary figure? You were referring to yourself when you made the statement and the figure was near to your own cash flow. But anyway - the point stands, as you also stated this: Originally by: Kethas Protagonist
I've been considering issuing a comically small bond (tens of millions) just to develop a history
But then Originally by: Kethas Protagonist
one of the first bonds I paid attention to on MD was Lethal Entrepreneur posting "Hey, I'd like to station trade, can I have 6B?", getting it, and then walking off. I'd like to pretend that MD is full of brilliant, benevolent folks, but clearing some portion of you are fairly gullible.
So you went for the comically large one. |
Caldariftw123 |
Posted - 2011.02.19 12:40:00 - [ 33]
Originally by: Kethas Protagonist
Originally by: Caldariftw123
This proposal is dead in the water. 5billion, with your limited history, is such a huge step that even if people DID trust you with isk they'd be foolish to give you as much as that as you have absolutely no way of making sure you can handle it properly. With your vague plan if you asked for 500million-1billion you might have had a better shot, but who in their right mind is going to give a newbie 5billion isk? Nobody.
I'm not asking anybody to "give a newbie 5billion isk." I'm setting 5B as the upper limit on what I'm confident I can use effectively, and I won't accept anything beyond that. If I only happen to scrounge up one investor for 100M at 10%, then great, I'll accept it, do what I can with it, and pay interest in 30 days.
If the potential for this bond to leave me with a liability greater than, say, 500M concerns you, then one solution could be to place a bid contingent on the total bond size not growing beyond that amount. If other investors step in and boost the amount above 500M, you can retract your bid. No hard feelings.
errr . .you ARE asking for 5billion isk. Just because "I wont take MORE than 5billion!" is in that same request doesn't mean you're NOT asking for 5billion. In fact you are blatantly lying up there ^^ when you say you are not asking for 5billion. My point was that you don't know how to handle 5billion isk, it is in fact 10 times the amount of isk you currently have as your entire admitted NAV let alone how much ISK you can handle should it be given to you. You've NO chance of getting this filled, none at all, sotp wasting your own time by continuing with it and accept the fact you've burned your name on a stupid attempt to get 5billion isk. p.s. the quotes that liberty is posting from your very mouth are quite damming also .. you were never gonna get isk from MD with that sort of history. |
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.19 13:27:00 - [ 34]
I've contacted a couple prospective auditors and am waiting for their reply. I'll head out, as I do, in fact, need to sleep sometime, but I should be back later today and hopefully we can make some progress addressing your concerns. |
Caldariftw123 |
Posted - 2011.02.19 13:29:00 - [ 35]
Originally by: Kethas Protagonist
I've contacted a couple prospective auditors and am waiting for their reply. I'll head out, as I do, in fact, need to sleep sometime, but I should be back later today and hopefully we can make some progress addressing your concerns.
An audit still wont show an ability to handle ten times your NAV .. |
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.19 13:32:00 - [ 36]
Originally by: Caldariftw123
Originally by: Kethas Protagonist
I've contacted a couple prospective auditors and am waiting for their reply. I'll head out, as I do, in fact, need to sleep sometime, but I should be back later today and hopefully we can make some progress addressing your concerns.
An audit still wont show an ability to handle ten times your NAV ..
Six times. 1B of my own + 5B bond. ./sigh Good night/morning/afternoon tea, everyone. |
Vaerah Vahrokha
Minmatar
Vahrokh Consulting
|
Posted - 2011.02.19 13:46:00 - [ 37]
Edited by: Vaerah Vahrokha on 19/02/2011 13:53:38I have been contacted by the OP about he getting an audit. Reading the OP, though, reveals this sentence: Quote:
The auditor must have loaned out at least 5B through MD over the past year, prior to this post. (This is to ensure that my own business interests are likely not worth poaching for the auditor.)
Since I have not loaned out at least 5B through MD over my whole life I suppose I am not fit. It feels like being an apple (auditor) being asked to be an orange (investor). Edit: In any case, you want to contact RAW23 and his fund in order to get an audit paid for you. |
Caldariftw123 |
Posted - 2011.02.19 14:08:00 - [ 38]
Originally by: Kethas Protagonist
Originally by: Caldariftw123
Originally by: Kethas Protagonist
I've contacted a couple prospective auditors and am waiting for their reply. I'll head out, as I do, in fact, need to sleep sometime, but I should be back later today and hopefully we can make some progress addressing your concerns.
An audit still wont show an ability to handle ten times your NAV ..
Six times. 1B of my own + 5B bond. ./sigh
Good night/morning/afternoon tea, everyone.
I do apologise, yes I got the figure wrong .. 6times, that's MUCH better, I'll send you the isk right away. lol Your 'sigh' etc. attitude wont help your case at all, my POINT still stands despite the figure being incorrect. In my unhumble opinion anyone investing in this is likely to lose their isk. Dethmourne might be interested in investing, in that case :P |
Corcyrus Endymion
Caldari
Elder Tribes
|
Posted - 2011.02.19 14:16:00 - [ 39]
Edited by: Corcyrus Endymion on 19/02/2011 14:23:40
First of: The only reason that LE got the money he did was because the usual suspects didn't cause enough of a ruckus.... Doesn't in any way make people the people investing in him any less liable of course.
A) Making an offering worth more that your current NAV, effectively doubling your working capital (or more as you do), will not fly. If you can handle 10B you can handle 15B, if you can handle 1B you can handle 2B. But being able to handle less than 500M in working capital does not mean you can work 10 times that. This part does not deal with you being trustworthy or not, but simply being able and willing. If you would fail to get enough of an income to repay the interest, the risk of you defaulting entirely will grow exponentially.
B) Five active months active: The character was born 13-2-2010. In all this time you made not even a billion? You claim you work in a math heavy field and apply "expertise" towards "modeling EVE's markets" and "identifying manufacturing opportunities". You even state "I have an extensive trading history". And yet here you are with scarcely a billion if that behind your name.
C) Manufacturing T1 and "newbie missioning hulls and fits" is a cut-throat market with all those "my minerals are free" intellectually challenged people. Low margins, sometimes none, pretty pointless all in all other than for RPing reasons. This does not seem very attractive to invest in at that. What do you think is your edge?
D) A half assed Dutch auction is not the best way to fund a first IPO. Especially not one as poorly worded as this one.
E) No history worth noting. A character value that according to the simple 5*320M = 1.600.000.000, does not even cover a third of the spoils.
F) Unwilling to even cough up the minor x million VV would ask for an audit. Seriously? Not even willing to invest a small 200M as a showing of good faith, while you expect other people to cough up 25 times that amount?
G) "At my discretion (dependent on manufacturing profits and my ability to find additional opportunities) I may choose to offer another bond before this offer's 30-day window ends. However, should I choose to do so, I'll first pay out the principal of this bond along with a full (i.e. non-prorated) interest payment to all investors. Should this bond fill for the full 5B, I estimate it's unlikely, but not impossible, I'll be interested in an expansion."
You feel it's unlikely the bond fills, but if it does, you want more? Do I even need to spell out what this implies?
H)" Originally by: Caldariftw123Far as I am concerned you just burned this character and any future opportunities you present are tainted.
Originally by: Liberty EternalOnly someone trained extensively in economics can be capable of so totally misunderstanding what a market actually is, in so many ways and on so many levels.
Are you convinced yet? I know I'd loan isk to me if I could."
You think this was a good idea? It isn't.
|
Roguehalo
Caldari
Roguehalo Ship Brokers
|
Posted - 2011.02.19 14:32:00 - [ 40]
You guys really are very funny. You stuffed 80b into Bad Bobbys grubby paws and yet quibble over a lousy 5b. A la Dragons Den I'll stick a bill in at a fixed 10% if you can get the other 4b  |
Caldariftw123 |
Posted - 2011.02.19 14:40:00 - [ 41]
Originally by: Roguehalo
You guys really are very funny. You stuffed 80b into Bad Bobbys grubby paws and yet quibble over a lousy 5b.
A la Dragons Den I'll stick a bill in at a fixed 10% if you can get the other 4b
Hey, you leave me out of that mess, I haven't put a single isk into BB's wallet ;) His venture at least had the appearance of security (and if only those lazy bloody directors would have done their job in securing it like they were meant to instead of letting dodgey votes and shares go uncollected then maybe he'd not have gotten away with it like he did) |
Corcyrus Endymion
Caldari
Elder Tribes
|
Posted - 2011.02.19 15:15:00 - [ 42]
Originally by: Roguehalo
You guys really are very funny. You stuffed 80b into Bad Bobbys grubby paws and yet quibble over a lousy 5b.
A la Dragons Den I'll stick a bill in at a fixed 10% if you can get the other 4b
Where did you see me sticking my isk in anything but my own ventures? |
Kalrand
GoonWaffe
Goonswarm Federation |
Posted - 2011.02.19 15:31:00 - [ 43]
Originally by: Roguehalo
You guys really are very funny. You stuffed 80b into Bad Bobbys grubby paws and yet quibble over a lousy 5b.
A la Dragons Den I'll stick a bill in at a fixed 10% if you can get the other 4b
1) I think Bad Bobby got much more than 80b 2) Not one cent of that was mine. Nor will you find any deposits from me in Eve-Bank, D-Bank, TMPI, BSAC, or AATP. |
Lederstrumpf |
Posted - 2011.02.19 15:48:00 - [ 44]
Edited by: Lederstrumpf on 23/05/2011 02:05:19
- |
Tutskii |
Posted - 2011.02.19 16:45:00 - [ 45]
Edited by: Tutskii on 19/02/2011 16:45:12
This is exactly the same layout of Lethal's previous bond (how's the character sale going btw?)
Trying to go for round 2, I take it?
I don't think anyone should send ANY isk unless VV has audited it. Thoroughly and lovingly.
Then again I run bonds too, and I dislike scammers, so I may be biased.
Edit: Angry pervert what happened, your assets have decreased considerably! |
flakeys
The Great cornholio's
Paper Tiger Coalition |
Posted - 2011.02.19 20:12:00 - [ 46]
OP at this point just pack your bags and go home , this is going no where and never will go anywhere under current conditions.
|
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.20 01:18:00 - [ 47]
Originally by: Corcyrus Endymion
A) Making an offering worth more that your current NAV, effectively doubling your working capital (or more as you do), will not fly. If you can handle 10B you can handle 15B, if you can handle 1B you can handle 2B. But being able to handle less than 500M in working capital does not mean you can work 10 times that. This part does not deal with you being trustworthy or not, but simply being able and willing. If you would fail to get enough of an income to repay the interest, the risk of you defaulting entirely will grow exponentially.
Originally by: Kethas Protagonist
Downside protection:
...
3) Failure to capitalize. I've manufactured a similar basket of products for more than a month and the relevant material and product markets have been stable. While I'm not comfortable revealing specific estimates, I'm confident that my new products will produce a margin at least sufficient to meet the 10% maximum interest payment. However, it's possible that price wars cut into my profit at best, or a competitor trades at a loss to push me out of the market at worst. Under an absolute worst-case scenario, where I earn zero profit, my current NAV is still sufficient to cover the 500M maximum total interest payment.
Assuming, for the moment, that I'm horribly incompetent at what I do but not incompetent enough to sell finished goods below the cost of materials, my current NAV is enough to afford the interest even if I earn zero profit over the month. ----- Originally by: Corcyrus Endymion
B) Five active months active: The character was born 13-2-2010. In all this time you made not even a billion? You claim you work in a math heavy field and apply "expertise" towards "modeling EVE's markets" and "identifying manufacturing opportunities".
Er, actually this character was born Feb. 4th, 2010, not Feb. 13th. I joined my first non-NPC corp on the 13th. I have, indeed, been playing for roughly five months. You'll notice that I left the non-NPC corp and sat in The Scope from early May 2010 to early January 2011. I'll claim that I was inactive for that duration. This means that I played for just over three months in early 2010, and have been playing for just over one month in 2011. Presumably an audit could confirm that I was inactive during that interval, and that my SP total is roughly ~8M, which it'd be after that long a career. Originally by: Corcyrus Endymion
You even state "I have an extensive trading history". And yet here you are with scarcely a billion if that behind your name.
Er, here's the entire quote: Originally by: Kethas Protagonist
Audit:
...
- I have an extensive trading history with two characters: one (my friend, I'll claim) to whom I've given a variety of missioning gear, and one (a manufacturing alt on a second account, I'll claim) who receives raw materials and returns finished goods. I will neither identify nor permit an auditor to identify either character, as my friend's character is his own and my alt serves, among other roles, as an out-of-corp hauler. I have no significant trading history with any other specific character.
I thought it was clear from the context, but just to be explicit, I meant an extensive history of trading with another pilot at the same station, not trading over the market. I was explaining why, as an audit should reveal, I've passed missioning ships to one character and traded raw materials for finished goods with another. |
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.20 01:48:00 - [ 48]
Originally by: Corcyrus Endymion
C) Manufacturing T1 and "newbie missioning hulls and fits" is a cut-throat market with all those "my minerals are free" intellectually challenged people. Low margins, sometimes none, pretty pointless all in all other than for RPing reasons. This does not seem very attractive to invest in at that. What do you think is your edge?
Here's the full quote: Originally by: Kethas Protagonist
Background:
...
While I'm not willing to reveal specifics, my forays into industry so far have certainly been "successful," to the extent that they've financed comfortable newbie missioning hulls and fits for myself and a friend.
You're assuming that I actually manufactured them myself - a pretty odd assumption, since a t1 battleship BPO would set me back ~600M. Wouldn't it be more reasonable for me to just buy the hulls+modules off the market with my profits from industry? I certainly agree that t1 "newbie missioning hulls and fits" manufacturing has slim margins. I will neither confirm nor deny that that's what I do. ----- Originally by: Corcyrus Endymion
D) A half assed Dutch auction is not the best way to fund a first IPO. Especially not one as poorly worded as this one.
Well, okay, I'm open to suggestions. A bit late for this bond offering, I suppose, but there's always next time. What would you suggest as an improvement? ----- Originally by: Corcyrus Endymion
E) No history worth noting. A character value that according to the simple 5*320M = 1.600.000.000, does not even cover a third of the spoils.
If you start using character SP as a metric for how trustworthy someone is, you present scammers with a pretty obvious way to go about their business. The best way that I can think of to show that this is a legitimate offering is to have a trusted third party audit confirm that I have a plausible business strategy and stand a good chance of being able to afford the interest payments. If I'm a legitimate industrialist, this means that I can start pumping more capital through whatever magical money-printing scheme I've devised; if I'm a scammer (which I'm not, but, well, you know), it means that it's in my best interest to pay back this bond, so I can run off with a presumably much larger sum later. ----- Originally by: Corcyrus Endymion
F) Unwilling to even cough up the minor x million VV would ask for an audit. Seriously? Not even willing to invest a small 200M as a showing of good faith, while you expect other people to cough up 25 times that amount?
This is probably your best point. I've been mulling over whether it'd be better to fund the audit myself (show of good faith) or ask that the audit fund cover it (serving the best interests of my investors). I've decided to split the difference. I'll pay for an audit of this account (my main, I'll claim) myself. I've approached RAW23 and he's graciously offered to fund an audit of my second account (the one with a manufacturing alt, I'll claim). ----- Originally by: Corcyrus Endymion
G) "At my discretion (dependent on manufacturing profits and my ability to find additional opportunities) I may choose to offer another bond before this offer's 30-day window ends. However, should I choose to do so, I'll first pay out the principal of this bond along with a full (i.e. non-prorated) interest payment to all investors. Should this bond fill for the full 5B, I estimate it's unlikely, but not impossible, I'll be interested in an expansion."
You feel it's unlikely the bond fills, but if it does, you want more? Do I even need to spell out what this implies?
Er, no. You're currently reading it as: "I estimate it's unlikely that the 5B bond will fill, but if it does, I'll be interested in an expansion." I meant (and I think the more natural reading is): "I estimate that, if the 5B bond fills, it's unlikely that I'll be interested in an expansion." |
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.20 02:06:00 - [ 49]
Edited by: Kethas Protagonist on 20/02/2011 02:07:16I've approached both Vaerah Vahrokha and RAW23. - VV has agreed to serve as auditor, and will take a look at my accounts once I generate enough "pending audit" interest. I intend to purchase audits of two accounts, one with Kethas Protagonist and no alts, and one with my manufacturing alt. As I explain in the OP, I'll ask her to not reveal the identity of the manufacturing alt.
- RAW has agreed to fund one of the audits through the MD Audit Fund. I'll pay for the other audit out of pocket.
If I've left any concerns unaddressed, please bring them up. A frequent one is that the ceiling I've set on the bond's principal is (admittedly) pretty high for a first offering; if that worries you, feel free to add "...conditional on the bond principal not exceeding X" to bids. If you'd prefer to talk directly, I'd be happy to convo ingame. Thanks for reading. |
Estel Arador |
Posted - 2011.02.20 07:45:00 - [ 50]
Originally by: Kethas Protagonist
...I'll claim...
What's up with your constant use of that phrase? Do you want to emphasize that your diarrhoea of words has no basis in reality, but instead is based on whatever fairytale might be most convenient for you? |
Vaerah Vahrokha
Minmatar
Vahrokh Consulting
|
Posted - 2011.02.20 09:13:00 - [ 51]
While I confirm I have been contacted both by the OP and RAW23, I have given certain guidelines.
First of all imho this thread should die and a new, realistic prospectus made. IE 2B would be VERY optimistic already, 5B forget them.
Second the OP has to send me a working business plan with math proving how much he can make.
Then we may start talking about the next steps. |
RAW23 |
Posted - 2011.02.20 09:35:00 - [ 52]
Originally by: Vaerah Vahrokha
First of all imho this thread should die and a new, realistic prospectus made. IE 2B would be VERY optimistic already, 5B forget them.
I completely agree with this (as I told the OP last night). An audit confirming the viability of your business plan is still not going to be enough to get people to give you five times your NAV or 12 times your current monthly income. That is almost certainly not going to happen and the sooner you let that idea die the better. The longer you insist on it the harder it will be to bring investors onside when you present an offering that is sized in a way appropriate to your NAV, income and character history. |
Edwin Rothbard
Interstellar Arbitrage
|
Posted - 2011.02.20 10:33:00 - [ 53]
Originally by: Kethas Protagonist
"Protagonist"
"The Good Guys"
"I'll claim"
"Expansion"
"If I'm a scammer, I'm not going to admit to it, am I? I will say, however, that one of the first bonds I paid attention to on MD was Lethal Entrepreneur posting "Hey, I'd like to station trade, can I have 6B?", getting it, and then walking off. I'd like to pretend that MD is full of brilliant, benevolent folks, but clearly some portion of you are fairly gullible. If this is a scam, I'm working way, way too hard at it."
|
Caldariftw123 |
Posted - 2011.02.20 11:28:00 - [ 54]
Why are you guys even seriously contemplating this post? Considering the other threads made, the one about rep, etc., what is the point? So you are basically saying "re-write your bond to make it look nicer and we'll ignore the previous posts you made and give you isk?" Are you NUTS? You honestly think re-typing something and using different numbers is going to change what this is? |
flakeys
The Great cornholio's
Paper Tiger Coalition |
Posted - 2011.02.20 11:53:00 - [ 55]
Originally by: Caldariftw123
Why are you guys even seriously contemplating this post? Considering the other threads made, the one about rep, etc., what is the point? So you are basically saying "re-write your bond to make it look nicer and we'll ignore the previous posts you made and give you isk?" Are you NUTS? You honestly think re-typing something and using different numbers is going to change what this is?
I agree with my caldari overlord tbh. |
Liberty Eternal |
Posted - 2011.02.20 12:28:00 - [ 56]
Originally by: Kethas Protagonist
I have an extensive trading history with two characters: one (my friend, I'll claim) to whom I've given a variety of missioning gear, and one (a manufacturing alt on a second account, I'll claim) who receives raw materials and returns finished goods.
Wait a second - so are you now claiming to have a large NAV on this second account? Originally by: Kethas Protagonist
I will neither identify nor permit an auditor to identify either character, as my friend's character is his own and my alt serves, among other roles, as an out-of-corp hauler.
Ok mystery man. I have to say also that your way of answering questions by constantly correcting the people who ask you things instead of dealing with the real, underlying issues is not the most productive thing you can do. At this point you are raising almost every red flag on the scammer checklist. If VV and Raw decide to breathe life into your fund, I hope they are very cautious and insist on an audit on those other accounts. |
Corcyrus Endymion
Caldari
Elder Tribes
|
Posted - 2011.02.20 15:39:00 - [ 57]
Originally by: Liberty Eternal
Originally by: Kethas Protagonist
I have an extensive trading history with two characters: one (my friend, I'll claim) to whom I've given a variety of missioning gear, and one (a manufacturing alt on a second account, I'll claim) who receives raw materials and returns finished goods.
Wait a second - so are you now claiming to have a large NAV on this second account?
Originally by: Kethas Protagonist
I will neither identify nor permit an auditor to identify either character, as my friend's character is his own and my alt serves, among other roles, as an out-of-corp hauler.
Ok mystery man.
I have to say also that your way of answering questions by constantly correcting the people who ask you things instead of dealing with the real, underlying issues is not the most productive thing you can do.
At this point you are raising almost every red flag on the scammer checklist. If VV and Raw decide to breathe life into your fund, I hope they are very cautious and insist on an audit on those other accounts.
If they do breath life into this, they are nuts. Seriously. This does not need a second attempt, time to move on. |
Breaker77
Gallente
Reclamation Industries |
Posted - 2011.02.20 16:22:00 - [ 58]
Originally by: Vaerah Vahrokha
While I confirm I have been contacted both by the OP and RAW23, I have given certain guidelines.
First of all imho this thread should die and a new, realistic prospectus made. IE 2B would be VERY optimistic already, 5B forget them.
Second the OP has to send me a working business plan with math proving how much he can make.
Then we may start talking about the next steps.
VV, I do hope you make the requirement to check all his accounts as he clearly has more buy his statement of Originally by: Kethas Protagonist
I intend to purchase audits of two accounts
This is just a scam waiting to happen without it. Quote:
As I explain in the OP, I'll ask her to not reveal the identity of the manufacturing alt.[/*]
The only time an auditor would reveal your alts is if when you scam. I also see the OP has done his homework. Thankfully he doesn't know how to do research since I wouldn't even think of auditing this even if he was smart enough to figure out I meet and/or exceed all his "criteria" for an auditor. Good luck with you offer scam sir! |
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.20 17:25:00 - [ 59]
Originally by: RAW23
Originally by: Vaerah Vahrokha
First of all imho this thread should die and a new, realistic prospectus made. IE 2B would be VERY optimistic already, 5B forget them.
I completely agree with this (as I told the OP last night). An audit confirming the viability of your business plan is still not going to be enough to get people to give you five times your NAV or 12 times your current monthly income. That is almost certainly not going to happen and the sooner you let that idea die the better. The longer you insist on it the harder it will be to bring investors onside when you present an offering that is sized in a way appropriate to your NAV, income and character history.
Originally by: Caldariftw123
Why are you guys even seriously contemplating this post? Considering the other threads made, the one about rep, etc., what is the point? So you are basically saying "re-write your bond to make it look nicer and we'll ignore the previous posts you made and give you isk?" Are you NUTS? You honestly think re-typing something and using different numbers is going to change what this is?
For once, I actually agree with Caldari. Rewriting the bond offer and using different numbers wouldn't change whether I'm a scammer or not. I stand by the business plan that prompted the OP, and so I stand by this thread. Starting a new one would just look like I was trying to hide from the concerns (some intelligent, some not) posted here. As I've said twice now, if a potential investor is concerned about the possibility of having a large-capital bond incentivizing me to walk away, feel free to tack on "...conditional on the bond capital not exceeding X" to bids. As far as I can tell this is equivalent, from the investor's standpoint, to my posting a new bond offer with a lower ceiling. |
Kethas Protagonist
Protagonist Ventures |
Posted - 2011.02.20 17:33:00 - [ 60]
Originally by: Vaerah Vahrokha
Second the OP has to send me a working business plan with math proving how much he can make.
I would love to do this. As I've said multiple times, I acknowledge that potential investors have a legitimate interest in verifying that I have a sound business plan in place. That's why I evemailed the following to you on 2/19, which RAW can confirm: Quote:
...
I would be very, very grateful if either of you could take a look at my account and trading history. I'd happily hop on voicechat (ingame or vent/teamspeak) to walk you through what I make, where I make it, why, my history, how I'm planning on growing, and any further questions you might have.
In a followup conversation, you told me that you'd be happy to audit me after I had sufficient "pending audit" interest here. Specifically, you told me that you should be the last person I approach. If this has changed, I will happily sit down with you right now and walk through my business plan. I appreciate the civil tone you've held to in the face of skepticism from other posters in this thread, and I'd like to maintain that, but please don't imply that I've been anything less than extremely willing to review and verify my business plan. It makes me look bad. |
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