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Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 18:37:00 - [31]
 

Originally by: Zamestian Han
Originally by: Chigy
Originally by: Zamestian Han

Forgive me if understand it wrong, but, are you using Rorqual to salvage/loot L5 mission wrecks? in low sec?



Yes. I am on a certain blue list, along with my friends. And incase anyone asks, no I do not pay to be on the blue list.


Be very very careful after this post. It is revealed to everyone now.


Huh? I appreciate the scrutiny and will gladly answer every question, I just have no idea what your talking about. My buddy's kid is in a pirate corp, and got us on the blue list. It's a big corp.

Zamestian Han
Posted - 2010.08.17 18:46:00 - [32]
 

Originally by: Chigy
Huh? I appreciate the scrutiny and will gladly answer every question...


I really want to invest to something because i have lots of spare isk atm.

Please start with this question

Originally by: Zamestian Han
Originally by: Chigy
/o\ This ins't starting well


I agree with you.

Why did you lowered risk? It was "Medium" 30 minutes ago.

[0.o]


and continue with "Why don't you get an auditor even there is a free one?"

Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 19:04:00 - [33]
 

Originally by: Zamestian Han
Originally by: Chigy
Huh? I appreciate the scrutiny and will gladly answer every question...


I really want to invest to something because i have lots of spare isk atm.

Please start with this question

Originally by: Zamestian Han
Originally by: Chigy
/o\ This ins't starting well


I agree with you.

Why did you lowered risk? It was "Medium" 30 minutes ago.

[0.o]


and continue with "Why don't you get an auditor even there is a free one?"



I answered the lower risk question in a previous post, but to summerize I feel that suicide ganking is so very low that is not considered an issue. So that's why I changed it to low.

As far as an audit... I feel that if I get an audit now, I wil have to get an audit every time. I've browsed the MD froums for at least a year and a half now. I know it's not the majority, but when people start off with an audit they are usually asked to get another audit if the first offering was a lower request (like mine). To avoid this I am offering a decently high interest rate, and will do my best to get people their money back if they need it before the maturity date.

CantStopThe Rokh
Trader's Academy
manufacturing disaster
Posted - 2010.08.17 19:09:00 - [34]
 

Originally by: Chigy

As far as an audit... I feel that if I get an audit now, I wil have to get an audit every time. I've browsed the MD froums for at least a year and a half now. I know it's not the majority, but when people start off with an audit they are usually asked to get another audit if the first offering was a lower request (like mine). To avoid this I am offering a decently high interest rate, and will do my best to get people their money back if they need it before the maturity date.


This was possibly the most scammy sounding answer you could possibly have given. Especially with the new auditor who just opened up and working for free there is no reason not to get an audit done. For a bigger offering even if you succeed without one this time you will need to get one then. It is going to get you the money you want (as long as everything checks out) and silence most of the naysayers if you get an audit. Otherwise you will have to put up collateral. If you do both than you could ask for a lower interested rate.

Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 19:19:00 - [35]
 

Originally by: CantStopThe Rokh
This was possibly the most scammy sounding answer you could possibly have given. Especially with the new auditor who just opened up and working for free there is no reason not to get an audit done. For a bigger offering even if you succeed without one this time you will need to get one then. It is going to get you the money you want (as long as everything checks out) and silence most of the naysayers if you get an audit. Otherwise you will have to put up collateral. If you do both than you could ask for a lower interested rate.


There's that word! I made it to page 2 before it came up.

If you look at the biggest players on these forums you will notice ONE who never got an audit and never offered collateral. He made a lot of money, made a lot of people a lot of money, and has the name to back himself up with now. I don't see why someone else cannot do the same.

Also
Originally by: CantStopThe Rokh

Or you have realized that they provide no real measure of security and that anyone who relies on them to decide whether or not to invest is an idiot, however, that is a different thread.)


The only thing will be revealed is how, and what I trade. So to link back to what I was saying earlier, I see no reason why I would have an audit done. I have a lot to lose.

Zamestian Han
Posted - 2010.08.17 19:20:00 - [36]
 

Originally by: Chigy
....I feel that suicide ganking is so very low that is not considered an issue. So that's why I changed it to low.



Suicide ganking is the only one side of the risk. There are more factors effecting risk. Such as, you may scam, your trading may fail or even may be you are not trading ?? Rorqual may blown up, high amount of investment for your first bond and not having an auditor, no collateral even if you have items for it etc.

If you ask me as an investor, i would say, this is very very risky investment.

flakeys
The Great cornholio's
Paper Tiger Coalition
Posted - 2010.08.17 19:27:00 - [37]
 

Edited by: flakeys on 17/08/2010 19:27:44
Originally by: Chigy
I see no reason why I would have an audit done. I have a lot to lose.


Not wanting an audit etc all fine and dandy and i have invested in a big number of people who where new and did not have an audit done but that last sentence really gave me a smile from my left ear to the right.If that is not irony by definition i don't know what is.




Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 19:33:00 - [38]
 

Originally by: Zamestian Han
Originally by: Chigy
....I feel that suicide ganking is so very low that is not considered an issue. So that's why I changed it to low.



Suicide ganking is the only one side of the risk. There are more factors effecting risk. Such as, you may scam, your trading may fail or even may be you are not trading ?? Rorqual may blown up, high amount of investment for your first bond and not having an auditor, no collateral even if you have items for it etc.

If you ask me as an investor, i would say, this is very very risky investment.



I didn't realize you were talking about my views on the investment as an outsider. I don't see how you can ask me to answer that. You will simply dissagree. All i can say is that I am trading, I have been trading enough to cover two PLEXs.

Rorqual blowing up is also a probability, but I can only use the Rorqual in Lvl 5's that do not have warp gates. That is maybe 10 missions. Even then I create bookmarks that I warp the Rorqual to so I don't land at zero. At this point in my list of losses I wouldn't be an idiot with the Rorqual. I have learned a lot from my mistakes.

I would also go a little more into the T3s I have. They are set up for unproabable and have passive tanks. If I was to sell them I wouldn't be able to do the Lvl 5s. That would really really suck.

Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 19:41:00 - [39]
 

Originally by: flakeys
Edited by: flakeys on 17/08/2010 19:27:44
Originally by: Chigy
I see no reason why I would have an audit done. I have a lot to lose.


Not wanting an audit etc all fine and dandy and i have invested in a big number of people who where new and did not have an audit done but that last sentence really gave me a smile from my left ear to the right.If that is not irony by definition i don't know what is.



Now that I reread that I can totally see that Confused What I ment by that is that I clearly don't have a lot of liquid. All I really have is my reputation, and even then that isn't much. To play for 3 years and lose that over 2.5 Bil that I could get if I sold stuff that I currently use to get enjoyment out of the game is just... not a good idea.

I would certainly be kicked from the Courier Hub, the creator is a close friend and he would be ****ed, I would be kicked from 2 chat channels im in, and I can say goodbye to any kind of leadership roles in the future if I could get more play time in if I joined any other corp/alliance. That's what I ment.

Zamestian Han
Posted - 2010.08.17 19:45:00 - [40]
 

Edited by: Zamestian Han on 17/08/2010 19:48:24
I may invest 1.1b if you give rorqual as collateral while it is not related to your bond and it can be replaceable with salvager destroyers.

Edit: You may want to give collateral to 3rd party.

Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 20:16:00 - [41]
 

Originally by: Zamestian Han
Edited by: Zamestian Han on 17/08/2010 19:48:24
I may invest 1.1b if you give rorqual as collateral while it is not related to your bond and it can be replaceable with salvager destroyers.

Edit: You may want to give collateral to 3rd party.


Again, I really don't want to give the Rorq as collat. It is a big time saver when I really don't have time to spare. If things do go bad, and I do not make my goal, or some unforseen problem comes about I will sell it to hold my end of the deal.

I understand if you want to retract your investment.

CantStopThe Rokh
Trader's Academy
manufacturing disaster
Posted - 2010.08.17 21:49:00 - [42]
 

Originally by: Chigy
Originally by: CantStopThe Rokh
This was possibly the most scammy sounding answer you could possibly have given. Especially with the new auditor who just opened up and working for free there is no reason not to get an audit done. For a bigger offering even if you succeed without one this time you will need to get one then. It is going to get you the money you want (as long as everything checks out) and silence most of the naysayers if you get an audit. Otherwise you will have to put up collateral. If you do both than you could ask for a lower interested rate.


There's that word! I made it to page 2 before it came up.

If you look at the biggest players on these forums you will notice ONE who never got an audit and never offered collateral. He made a lot of money, made a lot of people a lot of money, and has the name to back himself up with now. I don't see why someone else cannot do the same.

Also
Originally by: CantStopThe Rokh

Or you have realized that they provide no real measure of security and that anyone who relies on them to decide whether or not to invest is an idiot, however, that is a different thread.)


The only thing will be revealed is how, and what I trade. So to link back to what I was saying earlier, I see no reason why I would have an audit done. I have a lot to lose.


So people will actually invest in you without you having to pay 110% collateral? There is a new auditor who will give you an audit for free. Why are you so set on not getting an audit, I see no reason why you wouldn't want to have an audit done.

Like you said all it's going to show is wallet transactions, other characters on the account and a successful trading history(if what you say is true). An audit won't just check for scam related red flags it will also check to make sure you can back up your claim of trading successfully.

Ji Sama
Caldari
Tash-Murkon Prime Industries
Posted - 2010.08.17 22:13:00 - [43]
 

Originally by: Phoebe Halliwel
Why no audit? You will probably qualify for the subsidised audits given the size of the offering, so it would be free.


I will repeat this, as I haven't seen a decent answer.

You have a lot to lose? You mean like we finding out you are a known scammer?

Jadun
Posted - 2010.08.17 22:35:00 - [44]
 

yo ho

in a couple of posts you speak of time and that using the rorqual saves you a lot of it. while you do level 5 mission. i got no clue how long it takes for you to do missions. but if you realy wanna start trading bigish you might need to invest even more time that you have.

you seem to multi task a lot. which seems small minded to me.

how do you plan to manage you eve time if you get the loan together?

Lucyna
Interstellar Killer Bee Enterprises
Posted - 2010.08.17 22:36:00 - [45]
 

Originally by: Chigy


The only thing will be revealed is how, and what I trade. So to link back to what I was saying earlier, I see no reason why I would have an audit done. I have a lot to lose.


The auditor will not reveal what you trade, just that you are trading and how profitable you are. Also, it will support your claims that you are making solid PVE money, not funneling isk to someone else, etc. I don't see how it can hurt you, it's not like any trade route is super-secret anyways...

Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.17 23:36:00 - [46]
 

To start, I know an auditor wouldn't reveal in what I trade in.

I understand that an audit would prove that I have the know how to trade.

I am not going to get an audit. If that makes anyone uneasy, then do not invest in this offering. I have collateral, but I will not give the Rorqual to a third party. As stated before, I use the Rorq to clean up after lvl 5 missions. I have no plans on limiting my game play.

I have enough time to trade. Trading works very well with my life's demands. I can autopilot to a hub, set my buy/sell order, and continue on to the next destination.

CantStopThe Rokh
Trader's Academy
manufacturing disaster
Posted - 2010.08.17 23:48:00 - [47]
 

Originally by: Chigy
To start, I know an auditor wouldn't reveal in what I trade in.

I understand that an audit would prove that I have the know how to trade.

I am not going to get an audit. If that makes anyone uneasy, then do not invest in this offering. I have collateral, but I will not give the Rorqual to a third party. As stated before, I use the Rorq to clean up after lvl 5 missions. I have no plans on limiting my game play.

I have enough time to trade. Trading works very well with my life's demands. I can autopilot to a hub, set my buy/sell order, and continue on to the next destination.


You say you won't give out the rorq for collateral. What about something else to cover it? Without an audit (which I still don't understand why you won't get one, want to give an actual reason?) you probably won't get funding without collateral.

xeno1008
Deep Core Mining Inc.
Posted - 2010.08.17 23:55:00 - [48]
 

Chigy, I would suggest putting the ships you will not *need* for awhile in as collateral. And for whatever is not collateralized offer a higher interest for the un-collateralized amount of isk. For example:

1.2 bil @ 7 %(rorqual as collateral)
and
1.3 bil @ 10%(no collateral - have an audit done)

My 2 cents, I will put down a bil to this if collateralized. 200mil pending audit.

Dzil
Caldari
Caldari Independent Navy Reserve
The Fourth District
Posted - 2010.08.17 23:59:00 - [49]
 

I can confirm Chigy bought Sausage Banking off me. Unfortunately from the investor's point of view, about any loan without collateral is a high risk loan. I've even been backstabbed by a former customer of mine, as sad as that is.



Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.18 00:30:00 - [50]
 

Edited by: Chigy on 18/08/2010 00:49:18
I see where everyone is coming from. I knew I was going to shoot myself in the the foot if I mentioned I had a rorqual Laughing it's a ship that I consider necessary for my game play.

I'll give it a few more days and if there I still a low desire for this offering I'll pull the plug.

I appreciate everyone's insite into getting this off the ground, but I just see no reason to get an audit. I would pass with flying colors, but just to have my worth be gotten from my API doesn't sit well with me.

EDIT: iPhone is bad mmk?

Hauler Mawles
Posted - 2010.08.18 00:41:00 - [51]
 

Originally by: Chigy

I appreciate everyone insure into getting this of the ground, but I just see no reason to get an audit. I would pass with flying colors, but jto have my worth be gotten from my API doesn't sit well with me.


If there is another way to prove your claims people wouldn't have a problem. You don't have a reputation to carry you and your posting history seems to be limited and random. Lately(this year), mostly investing in others?

I'd take a small chance on you if there was anything to go on here.

RaWBLooD
Posted - 2010.08.18 00:59:00 - [52]
 

You can put up collateral if you want to get this off in md right now. Private investment with friends in game should provide you with a small sum like this if you can not.

Post helpful advice on the forums and your thoughts on the discussion type threads. If starting a small loan for 100 million is not worth it then it might be a better choice to renew your personal isk strategies and be patient while your networth growths.

Zamestian Han
Posted - 2010.08.18 05:47:00 - [53]
 

Edited by: Zamestian Han on 18/08/2010 05:47:36
You already revealed a lot of information which is risking your both missioning and trading.

1) You said you are going to haul items on orca while auto-piloting. It is not necessary what you haul, suicide gankers knows you might be hauling something worth of 2.5b in it. Remember, suicide ganking radar is 1b. You wouldn't believe how suicide gankers organised. I am sure someone tagged you already.

2) You said you are taking rorqual into mission spot for salvaging/looting wrecks. Finding your mission place is easy, finding your rorqual by probes in seconds. There are lots of pirates/pilots who will enjoy Rorq kill on their kill boards. Having friends doesn't help it.

An auditor cannot risk it more than you did already.

Edit: Yes, I retracted my offer.

Vaerah Vahrokha
Minmatar
Vahrokh Consulting
Posted - 2010.08.18 10:09:00 - [54]
 

Quote:

Risk - Low

Getting Your Money Back Early – Shouldn’t Be a Problem



Let an auditor gauge your risk profile.
Since you seem allergic to auditors and giving your API away, I'll do you an API-less audit:

Red flag: the investee is a trader and misgauges the risks of such profession. An uncollateralized bond for trading is always considered high risk.

Red flag: no exit strategy

Red flag: complete exposure of the money making characters, uses autopilot on a disclosed ship which will make every ganker out there smile at the prospect of knowing who to precisely watch.

Red flag: non hi sec activities done with assets that are his worth (investee admits he have little liquidity). To further rub in the issue, he mentions ships that make killboard "aficionados" salivate about having them on their kill mails.

Last but not least, well more known people paid comparable interest in vastly safer ventures.

Chigy
Minmatar
Shiznit Galaxy
Posted - 2010.08.18 12:07:00 - [55]
 

Originally by: Vaerah Vahrokha

Let an auditor gauge your risk profile.
Since you seem allergic to auditors and giving your API away, I'll do you an API-less audit:

Red flag: the investee is a trader and misgauges the risks of such profession. An uncollateralized bond for trading is always considered high risk.

Red flag: no exit strategy

Red flag: complete exposure of the money making characters, uses autopilot on a disclosed ship which will make every ganker out there smile at the prospect of knowing who to precisely watch.

Red flag: non hi sec activities done with assets that are his worth (investee admits he have little liquidity). To further rub in the issue, he mentions ships that make killboard "aficionados" salivate about having them on their kill mails.

Last but not least, well more known people paid comparable interest in vastly safer ventures.



Well after that nail in the coffin...

Alacta Lithia
Posted - 2010.08.18 12:16:00 - [56]
 

Retracting the 200mil offer.


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