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cosmoray
Perkone
Posted - 2009.08.28 22:47:00 - [1]
 

As you know, EBANK is currently insolvent and all accounts are frozen.

EBANK have several proposals on the table, including allowing EBANK to pay back the debt over time (year +).

I have spoken to many account holders who have provided account balance information via eve-mail to me. People have generally told me they wish to liquidate their account and take what ISK they can get (20,30,40% or whatever is left).

I CURRENTLY SPEAK FOR 316B IN ACCOUNT BALANCES AND OVER 100 ACCOUNT HOLDERS

The purpose of this thread is to get the EBANK board to liquidate the bank, and pay back what they can to account holders in the shortest time possible.

If you are an account holder with EBANK and wish EBANK to liquidate the bank and pay you what they can, sign in this thread. If you wish you can either add you approximate balance here or eve-mail me.

The objective is to get a large enough account balance to take control of events rather than let EBANK tell us what they want to do.




note: I am not earning any ISK off of this, I just wish EBANK to close and payout account holders. If required I will forward account details of people wanting out to EBANK for proof.

Heroldyn
Posted - 2009.08.28 22:51:00 - [2]
 

ok, ill do it :)

Larissa Newport
1st Praetorianorum Fabri
Posted - 2009.08.28 22:59:00 - [3]
 

I'd say give Ray another week or so, if Ray still cannot figure out by then what has happend to all the ISK then liquidate and call it a day.


Lecherito
Posted - 2009.08.28 23:01:00 - [4]
 

Posting in another necessary ebank thread

-L

Future Mutant
Republic Military School
Posted - 2009.08.28 23:33:00 - [5]
 

Threads like this are hilarious....
Ebank has already stated their finances- if they totally liquidated they would be able to pay out a tiny percentage of their debt...
But then ebank would be through right? So why not go out in a blaze of glory- take all the isks and give your whiny investors some birdage.
This i represent x amount of debt stuff- are you willing to take zero? cause thats the amount your likely to get YARRRR!!

Frug
Omega Wing
Snatch Victory
Posted - 2009.08.28 23:38:00 - [6]
 

Why would they?


Ray McCormack
Nordar Innovations.
Posted - 2009.08.29 00:22:00 - [7]
 

Originally by: cosmoray
I CURRENTLY SPEAK FOR 316B IN ACCOUNT BALANCES AND OVER 100 ACCOUNT HOLDERS


The Board currently speaks for all account holders, are you suggesting you would like to join?

Salvo Brunel
Outbreak.
Posted - 2009.08.29 00:34:00 - [8]
 

I agree with you cosmo, but don't think that this deserves a new thread.

One thing we must all agree on is that Ray and the BoD deserve a little time to decide the next step. As soon as Ray realized the bank was seriously insolvent he needed to call a halt. Now, we all need to take a deep breath.

In time I think the only sensible option is (optional) liquidation. Ray has shown himself willing to listen to all suggestions, there is no need for haste here.

Ray McCormack
Nordar Innovations.
Posted - 2009.08.29 00:39:00 - [9]
 

Originally by: Salvo Brunel
In time I think the only sensible option is (optional) liquidation. Ray has shown himself willing to listen to all suggestions, there is no need for haste here.

Forsooth, he is a witch! Hang him then burn him at a stake!

Nemi Lethal
Gallente
DarkStar Armada
Posted - 2009.08.29 00:41:00 - [10]
 

Originally by: Ray McCormack
Originally by: cosmoray
I CURRENTLY SPEAK FOR 316B IN ACCOUNT BALANCES AND OVER 100 ACCOUNT HOLDERS


The Board currently speaks for all account holders, are you suggesting you would like to join?



You should probably let the account holders decide for themselves who will be speaking for whom.

Ji Sama
Caldari
Tash-Murkon Prime Industries
Posted - 2009.08.29 00:43:00 - [11]
 

Originally by: Lecherito
Posting in another necessary ebank thread

-L


Im quoting truth!

Ray McCormack
Nordar Innovations.
Posted - 2009.08.29 00:51:00 - [12]
 

Originally by: Nemi Lethal
You should probably let the account holders decide for themselves who will be speaking for whom.

Yes, because not only do nullsec alliances find it easy to get two thousand members together for a teamspeak love session; ebank should have it easier getting the six thousand accounts together for some guitar playing around a camp-fire.

Get real you buffoon.

Nemi Lethal
Gallente
DarkStar Armada
Posted - 2009.08.29 01:14:00 - [13]
 

Originally by: Ray McCormack
Originally by: Nemi Lethal
You should probably let the account holders decide for themselves who will be speaking for whom.

Yes, because not only do nullsec alliances find it easy to get two thousand members together for a teamspeak love session; ebank should have it easier getting the six thousand accounts together for some guitar playing around a camp-fire.

Get real you buffoon.



I dont think anybody said anything about 6,000 accounts I believe cosmo was speaking for 100 or so account holders. If ebank can only afford to pay 30% or so for those account at its current value by all means let the accounts take it.

You need to go ahead face reality and stop acting like you are going to accumulate 1,200,000,000,000 isk to pay everyone back.

It's not gonna happen, Your not even going to beable to come close to this figure.

This bank is dead. If anyone needs any assurance simply type this out for giggles.

1,200,000,000,000

Dhan
Resurrection
Gentlemen's Club
Posted - 2009.08.29 01:34:00 - [14]
 

Ray and the board members are in the best position to make statements as to what they can and can't do.

There is an opportunity to make a successful bank here, with the right leadership in place. If they don't try this, it will be the end of any banks in eve, forever.

They've already chosen the course of action for the bank and the balances they hold.

I for one support Ray on this.

Dhan

Originally by: Nemi Lethal

It's not gonna happen, Your not even going to beable to come close to this figure.


Thoraemond
Minmatar
Far Ranger
Posted - 2009.08.29 02:25:00 - [15]
 

Originally by: Ray McCormack
Originally by: cosmoray
I currently speak for 316 billion ISK in account banaces and over 100 account holders.

The Board currently speaks for all account holders, are you suggesting you would like to join?

My recollection is that historically the EBANK Board has tended to speak and act for the owners of the Bank (as indeed a Board of Directors generally should). That's not to say that the interests of the owners and the Board have necessarily opposed the interests of the public or of account holders, but it's not necessarily the same thing, either.

Of course, if the Board truly understands and is fairly representing what the bulk of account holders want, then cosmoray's exercise will simply support the Board's actions anyhow, so there should be little reason for the Board to oppose his efforts.

FinancialDragon
Posted - 2009.08.29 04:19:00 - [16]
 

I still have enough trust in the ebank board to allow them to try recover.

I know they are doing their best to try restore liquidity and capital access, and I would rather they put good effort into trying to find the best solution, or at least work out how to maximise what return they can get on the current assets, before putting a gun to our isk and nuking 60% of it.

Granted, I do not have a need for my 1.6bil isk right now, whereas others may depend on this to survive. I have a solid enough foundation to deal without it.

Lord Apocrypha
Posted - 2009.08.29 05:53:00 - [17]
 

Ebank is so illogical.
Instead of speaking for "all", just give back 360b at say 30% (what ever it is) Now you only have to make 840b in a year instead of 1200b.

Either way you guys sux.

Dear Abby
Caldari
School of Applied Knowledge
Posted - 2009.08.29 06:26:00 - [18]
 

Originally by: Dhan
Ray and the board members are in the best position to make statements as to what they can and can't do.

There is an opportunity to make a successful bank here, with the right leadership in place. If they don't try this, it will be the end of any banks in eve, forever.

They've already chosen the course of action for the bank and the balances they hold.

I for one support Ray on this.

Dhan

Originally by: Nemi Lethal

It's not gonna happen, Your not even going to beable to come close to this figure.




This would be essentially the same board that was well paid and idle at the switch while all this happened or is this a new board?

Tesal
Posted - 2009.08.29 06:50:00 - [19]
 

Originally by: Ray McCormack
Originally by: cosmoray
I CURRENTLY SPEAK FOR 316B IN ACCOUNT BALANCES AND OVER 100 ACCOUNT HOLDERS


The Board currently speaks for all account holders, are you suggesting you would like to join?



The Board speaks for the Board, not the investors. The investors speak for themselves.

Steve Thomas
Minmatar
Sebiestor Tribe
Posted - 2009.08.29 20:33:00 - [20]
 

Originally by: Tesal
Originally by: Ray McCormack
Originally by: cosmoray
I CURRENTLY SPEAK FOR 316B IN ACCOUNT BALANCES AND OVER 100 ACCOUNT HOLDERS


The Board currently speaks for all account holders, are you suggesting you would like to join?



The Board speaks for the Board, not the investors. The investors speak for themselves.


Meh

As far as I care Ebank is now (if it was not always) a scam.

dont know why they dont just Fish or cut bait at this point instead of this "Wait a year" crap . . well unless they are hopeing that in a few months the bulk of the people they owe money just cancles accounts and goes away so they can pocket whatever they can or some random glitch causes anything locked down that they cant currently swip to cause them to unlock so they can transfer thoes assets to there alts.

Karanth
Gallente
RONA Corporation
RONA Directorate
Posted - 2009.08.29 20:38:00 - [21]
 

If it gets everyone to shut the hell up about this, which really isn't that big a deal if you don't suffer from some sort of unmedicated mental issue, I'm all for it.


Gorp
Posted - 2009.08.30 15:45:00 - [22]
 

Originally by: Ray McCormack

The Board currently speaks for all account holders, are you suggesting you would like to join?



Comments like this make it crystal clear that eBank continues to be "managed" by a mixture of the corrupt and the stupid.

Mjolnirsmith
Posted - 2009.08.30 15:58:00 - [23]
 

signed

Scott Ryder
Amarr
Ministry of War
Posted - 2009.08.30 16:03:00 - [24]
 

Ill gladly help buying out some of the people you speak for :)

Nevehh
Posted - 2009.08.30 16:49:00 - [25]
 

Signed.

Banking in EVE is an absolute joke. Let it die.

Ray McCormack
Nordar Innovations.
Posted - 2009.08.30 16:59:00 - [26]
 

Is that three signatures so far? I'd go to the Board with this (passing it off as my own idea) but I don't think they'd be blown away by the response.

Stardust CEO
Stardust Manufacturing
Posted - 2009.08.30 17:08:00 - [27]
 

Edited by: Stardust CEO on 30/08/2009 17:08:23
Is there to be a pissing contest then? My suggestion, if so: Don't cross the streams.

Roguehalo
Caldari
Roguehalo Ship Brokers
Posted - 2009.08.30 17:45:00 - [28]
 

Edited by: Roguehalo on 30/08/2009 17:45:12
Originally by: Ray McCormack
Is that three signatures so far? I'd go to the Board with this (passing it off as my own idea) but I don't think they'd be blown away by the response.



The board has just spent 2 years losing 1,200,000,000,000 isk Ray.

I don't really think anybody cares what they think.

The only way forward now is to quickly and efficiently liquidate salvageable assets and create a mechanism to distribute the remaining isk.

Then all the board has to do is fold up their tents and slink off into the night

Stardust CEO
Stardust Manufacturing
Posted - 2009.08.30 17:55:00 - [29]
 

Originally by: Roguehalo

The only way forward now is to quickly and efficiently liquidate salvageable assets and create a mechanism to distribute the remaining isk.



It's funny you should use that phrase... "The only way." Well, have I got a surprise for you... or rather, Ray does. However you wish.

Loney
CyberDyne R-D
Posted - 2009.08.30 17:59:00 - [30]
 

Originally by: cosmoray
I CURRENTLY SPEAK FOR 316B IN ACCOUNT BALANCES AND OVER 100 ACCOUNT HOLDERS

Are the account holders willing to settle to a 3rd party (IE.. Me) for say 25% value? If so send me a mail in game!


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