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blankseplocked [MRVAHFTFF016] Vahrokh’s RL Emergencies Charity - Chribba holds stuff
 
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Misty McGinnity
Mystify Trading Company
Posted - 2011.03.10 01:02:00 - [91]
 

That rule you mentioned only pertains to an active charity drive, since there is none going atm. it is null & void.

Breaker77
Gallente
Reclamation Industries
Posted - 2011.03.10 01:06:00 - [92]
 

Originally by: Misty McGinnity
That rule you mentioned only pertains to an active charity drive, since there is none going atm. it is null & void.


Reread the OP

Quote:
It started with a petition made to a GM (copy available) asking whether CCP's PLEX aid for Haiti was a "one shot" initiative or if more of such emergency relief campaigns would happen again (in case of disasters of course).
Since the reply was positive, I decided to make my little contribution to the good of the less fortunate.


I would suggest sending a petition to CCP about this if you are really feeling this butthurt. Make sure to ask about the scamming aspect of it as well.


Misty McGinnity
Mystify Trading Company
Posted - 2011.03.10 01:13:00 - [93]
 

Originally by: Breaker77
Originally by: Misty McGinnity
That rule you mentioned only pertains to an active charity drive, since there is none going atm. it is null & void.


Reread the OP

Quote:
It started with a petition made to a GM (copy available) asking whether CCP's PLEX aid for Haiti was a "one shot" initiative or if more of such emergency relief campaigns would happen again (in case of disasters of course).
Since the reply was positive, I decided to make my little contribution to the good of the less fortunate.


I would suggest sending a petition to CCP about this if you are really feeling this butthurt. Make sure to ask about the scamming aspect of it as well.




there maybe more plex drives in the future but there isn't one running now. hence all those scam rules are not applied here.

butthurt? far from it champ. just pointing out the obvious.

Breaker77
Gallente
Reclamation Industries
Posted - 2011.03.10 01:16:00 - [94]
 

Originally by: Misty McGinnity

butthurt? far from it champ. just pointing out the obvious.


Then press F12 and send in that petition...


Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.10 19:56:00 - [95]
 

Edited by: Vaerah Vahrokha on 10/03/2011 19:56:26
Just bumping this record, because Krythas deserves it.


We have a new RECORD and a big one!

Krythas sent in a massive 12 PLEXes!


As of now this equals to 348,599,989,98 x 12 = 4,183,199,879.76 = about 4.2B!


I'll make a tangible example of how much the donations accrued up to today could do (I hope to not do wrong math, I am hugely tired ugh).

Source: Haitian Roots

It costs $250 a year to have an Haitian child attend to school.
The cost of life of an average Haitian guy is $100 a year.


The accrued amount of the Charity Fund as of today is about 7.1B. Assuming a PLEX rule of thumb worth average of 300M, this means about 23-24 PLEXes. At SC they sell GTCs for $34.99, this means that we have got about $400.

This means we could feed a child for one year AND send him to school for that year.

CCP Adida


C C P
C C P Alliance
Posted - 2011.03.10 21:16:00 - [96]
 

Trolling comment removed

Lando Antilles
Posted - 2011.03.10 21:38:00 - [97]
 

Originally by: CCP Adida
Trolling comment removed


Now, if we could only get you guys to support this proposal and provide infrastructure to make it more secure.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.11 12:04:00 - [98]
 

Japan announced they need help from all the world.

Just confirming that VAERT is ready to help as soon as CCP starts an emergency relief campaign about it.

Kei Darker
Posted - 2011.03.14 18:36:00 - [99]
 

Edited by: Kei Darker on 14/03/2011 18:36:42
http://www.eveonline.com/devblog.asp?a=blog&bid=876

here's your shot ^

Liberty Eternal
Posted - 2011.03.14 18:53:00 - [100]
 

Edited by: Liberty Eternal on 14/03/2011 19:38:51
Pledging 4 PLEX to this.

Also, I'm not clear how I make my donation or where I send it to - maybe put the details at the top of the first post?

Edit: PLEX sent

Arcy Dorei
Posted - 2011.03.14 19:40:00 - [101]
 

Edited by: Arcy Dorei on 14/03/2011 20:38:20
PLEX For Good has come, and so AVC has contracted 2 PLEX to this cause. I sure hope it helps someone :D (not bad considering I only raised 167million isk through my deliberate fund raising efforts .. lol .. I wonder if I can tax deduct this hmm)

p.s. everyone should donate, most of the people here have more than enough isk to not miss a couple plex worth of fake game money considering the RL benefit they will bring.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.14 20:26:00 - [102]
 

Edited by: Vaerah Vahrokha on 14/03/2011 20:26:06
I am going to have to do a ton of work very soon to optimize and account for what we have got.

In the meanwhile I hope CCP will reply to my post here.

If they say that they will send the whole amount at the end of their initiative we can gather money & PLEXes till the last days, else I am going to lock the fund by tomorrow and then send what we got. This could be less efficient in case of fractional cash remains, they'd mean one less PLEX.


Anyway if anyone feels like donating something please do it ASAP because if CCP replies they will send money in batches then I have to lock the fund by the next batch.

Julian Koll
The Kollektive
Posted - 2011.03.14 21:03:00 - [103]
 

Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved.

RAW23
Posted - 2011.03.14 21:34:00 - [104]
 

Originally by: Julian Koll
Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved.


I'll cover that. VV - shoot me a mail with the amount.

In general, I'm not wild about the idea of donating a lot personally on this particular plex drive (although I'm happy that the fund will be). Japan has suffered a terrible tragedy and my thoughts are with those who have suffered. However, Japan is one of the richest countries in the world, both in absolute terms and per capita, and providing financial support via a charity does not strike me as being very likely to actually alleviate any suffering. I'm pretty sure the government there will spend whatever is necessary and, as such, charitable spending will not provide services that would otherwise be unavailable but will only lead to a slight reduction in government spending, thus providing a very small reduction in the tax burden of Japaneses citizens as a whole in the near future. And if something similar happens two weeks later in, say, the Phillipines or Indonesia, countries where outside financial aid might make a very real difference, I suspect that I am not the only one who would probably not dig as deep again if they had made a large donation this time.

So, I'm happy to throw a plex at this as a token of solidarity but beyond that I'll save my resources for deployment when I think it could make a significant difference.

Liberty Eternal
Posted - 2011.03.14 21:56:00 - [105]
 

Originally by: RAW23
In general, I'm not wild about the idea of donating a lot personally on this particular plex drive (although I'm happy that the fund will be). Japan has suffered a terrible tragedy and my thoughts are with those who have suffered. However, Japan is one of the richest countries in the world, both in absolute terms and per capita, and providing financial support via a charity does not strike me as being very likely to actually alleviate any suffering. I'm pretty sure the government there will spend whatever is necessary and, as such, charitable spending will not provide services that would otherwise be unavailable but will only lead to a slight reduction in government spending, thus providing a very small reduction in the tax burden of Japaneses citizens as a whole in the near future. And if something similar happens two weeks later in, say, the Phillipines or Indonesia, countries where outside financial aid might make a very real difference, I suspect that I am not the only one who would probably not dig as deep again if they had made a large donation this time.




I think this is something of a needlessly cruel distinction to make, particularly as the Japanese have given massive amounts of foreign aid to others they deserve unconditional aid in their hour of need [it's not only the incompetent who need or are worthy of assistance and charity]. Japanese people are just as fragile and vulnerable to natural disasters as anyone else and I think we should do all that we can to help them right now instead of leaving them to pick it all up by themselves - they are equally deserving and should not be disqualified simply because they are wealthy and succesful. Wink

Breaker77
Gallente
Reclamation Industries
Posted - 2011.03.14 22:03:00 - [106]
 

Originally by: RAW23
Originally by: Julian Koll
Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved.


I'll cover that. VV - shoot me a mail with the amount.



If for some reason RAW can't cover it I will cover it.


Caldariftw123
Posted - 2011.03.14 22:14:00 - [107]
 

Edited by: Caldariftw123 on 14/03/2011 22:18:26
Originally by: RAW23
Originally by: Julian Koll
Pro Tip: Find a sponsor to fill up the isk for the last plex. Problem solved.


I'll cover that. VV - shoot me a mail with the amount.

In general, I'm not wild about the idea of donating a lot personally on this particular plex drive (although I'm happy that the fund will be). Japan has suffered a terrible tragedy and my thoughts are with those who have suffered. However, Japan is one of the richest countries in the world, both in absolute terms and per capita, and providing financial support via a charity does not strike me as being very likely to actually alleviate any suffering. I'm pretty sure the government there will spend whatever is necessary and, as such, charitable spending will not provide services that would otherwise be unavailable but will only lead to a slight reduction in government spending, thus providing a very small reduction in the tax burden of Japaneses citizens as a whole in the near future. And if something similar happens two weeks later in, say, the Phillipines or Indonesia, countries where outside financial aid might make a very real difference, I suspect that I am not the only one who would probably not dig as deep again if they had made a large donation this time.

So, I'm happy to throw a plex at this as a token of solidarity but beyond that I'll save my resources for deployment when I think it could make a significant difference.


1 thing to remember is that while the country as a whole may be wealthy, that does not mean everyone in it is. The devastated areas are not in business district Tokyo where insurance will pick up the reconstruction tabs but in coastal towns and as is usual in disasters the most severely affected are the poor who have poorly constructed buildings in comparison and no means with which to rebuild them. That aside, aid agencies like the Red Cross are the ones that will be on the ground providing relief, water, food, blankets, etc. until the Government steps in and it is the Red Cross' money supply that will be drained by this, the Japanese Government aren't going to pay them back, so any money donated to this will mean more money available for the Red Cross to use in a poorer country.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.14 22:28:00 - [108]
 

Edited by: Vaerah Vahrokha on 14/03/2011 22:32:11
Edited by: Vaerah Vahrokha on 14/03/2011 22:30:32
CCP replied my inquiry in the thread I linked above. The funds will go to Red Cross.

This means that Japanese would not get cash but whatever R. C. decides to buy and use for them.

In order to reduce the big potential of flaming occurring here about the issue, I am creating a poll where you can discuss about the matter at will. Please don't keep replying here, it won't be considered.


Edit: CCP also confirmed they will send donations as a whole chunk at the end of the initiative (2 weeks), i.e. we have some more days to add more funds before the transaction will be finalized.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.15 01:21:00 - [109]
 

5 points:

1) I updated the donors list with the latest arrival: Liberty Eternal. He sent in 4 PLEXes.

2) I mailed Chribba about the PLEX for Japan. I asked him if he'd be so kind to state here what he got plus...

3) I'll be a biatch here Twisted Evil: Since both Raw23 an Breaker77 announced their availability to pad up the spare money that's missing for 1 more PLEX, I'd assign Raw23 with the task of padding up my fund, while Breaker77 pads up Chribba's.

In fact due to the Articles of Incorporation and by explicit written, unrevocable mandate (including even if I asked to undo it), our funds will never merge so they have to be treated separately.

This quite clear cut deal was made in case one of us gets mad or hacked and attempts taking over the other fund.

4) In the next days I'll see if more people sends something. I'll produce some statement about the current assets and cash accrued, release all to CCP and then eventually see if someone still sends something more before the CCP initiative end slated to be on March 31.

5) In the mean time, it'd be of great service if some Trader could get 5-6 PLEXes at below sell orders cost which I'll pay. I have no high CN standings trader alt and I'd hate to give NPC broker fees eating into what we have to send to alive and breathing people. If anyone is interested please reply here so I don't get 2-3 people doing a duplicate operation.

Tutskii
Posted - 2011.03.15 01:38:00 - [110]
 

Edited by: Tutskii on 15/03/2011 01:48:40
I'm sniping Plex anyway and have perfect skills + high standing, so I can take on that if you so desire. Send me the desired number of plexes (via evemail) and the money required for the highest buy and I'll take care of that.

Edit:

Actually there are two options with that, we can start trading plex back and forth at this time if you think itll go up, or we can wait if you think itll drop. Considering it was around 320 mill a couple weeks back the time of purchase might make a big difference if you get it right.

Or their acquisition can be distributed over time to average the price out.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.15 07:57:00 - [111]
 

Originally by: Tutskii
Edited by: Tutskii on 15/03/2011 01:48:40
I'm sniping Plex anyway and have perfect skills + high standing, so I can take on that if you so desire. Send me the desired number of plexes (via evemail) and the money required for the highest buy and I'll take care of that.

Edit:

Actually there are two options with that, we can start trading plex back and forth at this time if you think itll go up, or we can wait if you think itll drop. Considering it was around 320 mill a couple weeks back the time of purchase might make a big difference if you get it right.

Or their acquisition can be distributed over time to average the price out.


Thank you for your kind offer.

I'll want 6 PLEXes to convert the fund ISK into them. The excess PLEXes that the fund won't eventually cover, will be covered by my own money.

As for when... I examined the graph and noticed we are close to RN 360 (see this thread: Experiment #01: RL finance analysis applied to EvE for explanations about what I am writing). We are right under a possible fake upwards breakout that should go back and return to 340M-ish next price level. Problem is, it could take more than the 13 days we have left to pass the current high and drop again.

So I'd suggest this: let's wait about a week, if price reverses we should be good. Else we'll have to take the PLEXes at whatever price.

Florestan Bronstein
24th Imperial Crusade
Posted - 2011.03.15 10:24:00 - [112]
 

Edited by: Florestan Bronstein on 15/03/2011 11:35:31

@Liberty Eternal
I posted in the more general GD thread in answer to your posts here as I don't want to derail VV's thread.


Amarr Citizen 155
Nordar Innovations.
Posted - 2011.03.15 14:17:00 - [113]
 

Just wanted to say I was one of the individuals asking questions about this fund in scc yesterday mostly because of all the unknowns. I didn't like the idea of a check being sent to Japan when the biggest thing they need right now are people on the ground helping and blankets/food/water.

Knowing that it's actually sent to the Red Cross pretty much eliminates all of my concerns.

Fake Edit: and yes I know they wouldn't actually send a check to Japan, but those intelligent enough understand what I mean.

Genbukan
Best Buy INC
Posted - 2011.03.15 15:23:00 - [114]
 

Thanks for the opportunity to help out! Though I don't have quite a large wallet it was nice to help. Vaerah Vahrokha thank you for your hard work, and I am very touched by what we will be able to do with any amount sent.

Samroski
Games Inc.
Posted - 2011.03.15 16:19:00 - [115]
 

CSGAMESCF013

Current cash in this sister fund's account is:
ISK 106,738,692.15

Initial investment was 500m and current NAV (at Jita buy order price) is:
ISK 647,540,250.33

I have decided to leave all this untouched and to re-invest the cash. The fund is one month old and I want it to grow considerably before I use it for charity. In the meantime I have donated 3 PLEX to the drive from my personal funds.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.15 17:15:00 - [116]
 

Little update:

Chribba replied me stating his amount did not change, he'll pad it up by himself and send the PLEX.

If he'd be so kind to confirm here then it'd be perfect.


Arcy Dorei linked a screenshot of his 2 PLEXes donation in SCC Lounge chat. I'd prefer he'd post a link here as well but it's his fund and he decides.

Chribba
Otherworld Enterprises
Otherworld Empire
Posted - 2011.03.15 18:29:00 - [117]
 

Originally by: Vaerah Vahrokha
Little update:

Chribba replied me stating his amount did not change, he'll pad it up by himself and send the PLEX.

If he'd be so kind to confirm here then it'd be perfect.


Arcy Dorei linked a screenshot of his 2 PLEXes donation in SCC Lounge chat. I'd prefer he'd post a link here as well but it's his fund and he decides.

Confirmed, sorry for the delay.

/c

Roguehalo
Caldari
Roguehalo Ship Brokers
Posted - 2011.03.15 21:51:00 - [118]
 

I'll donate 10b for this. I'll send the isk as soon as I've sorted out where to send it.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2011.03.15 22:39:00 - [119]
 

Update:

Current VAERT Charity assets as of today:

Screenshot

ISK: 1,956,242,332.15

PLEXes: 16

------------------------------------------------------------


Originally by: Roguehalo
I'll donate 10b for this. I'll send the isk as soon as I've sorted out where to send it.


If you wish to donate ISK, you may address it either (or split) to:

- Vahrokh Financial Technologies

- Chribba

- Grendell


For all 3, please copy and paste this in the ISK transfer description:

MRVAHFTFF016 P01=1 Charity donation

Not doing so will greatly put your donation at risk of being confused with other transactions.

Roguehalo
Caldari
Roguehalo Ship Brokers
Posted - 2011.03.15 22:55:00 - [120]
 

Isk sent.


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