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blankseplocked 2 Billion 60 day trading Bond - Active
 
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Tom Selek
Posted - 2010.12.10 00:36:00 - [1]
 

Edited by: Tom Selek on 12/12/2010 21:17:09
Summary
After a long period away from the game Iíve returned. Unfortunately I spent/gave away most of my assets when I left, not expecting to return. Fortunately, I was convinced not to delete this character.

Iím here to ask for 2 billion ISK to get me back on my trading feet as it were. My assets currently consist of a six month subscription, 150M ISK returned from a corpy, a Velator (fiercest of all rookie ships), one unit of trit and very shortly, a new Echelon.

Plan
I will be using this ISK to station trade for 60 days at which time I hope to significantly improve my financial situation. I see many opportunities to do so in coming days.

Bond Details
2000 bonds of 1 million ISK are available. There is no maximum number of shares but would encourage larger purchases over smaller. If you would like to buy the whole bond out that would make my life simpler. Of course I'm happy to help out the little fella.

The interest is 7%, which I feel is relatively good return for you and allows me to achieve a health profit for myself.

This portion in capital rising will last until 0:00 12/14. From that point individuals who have requested shares will have 24 hours to sent their ISK in (0:00 12/15). After this point any individuals on the reservation list can send ISK to replace those who may have fell out during the last 24 hours. You will be notified in this posting and via in game mail in that case.

The bond's interest begins at 0:00 and I will return 7% of the bond after 30 days and 7% and the principle after 60 days.

I'm skipping an audit because I want to be well on my way ASAP though I have been audited in the past for my previous successful patch day bond.


Reservations - 0 of 2000 shares available.

* Fleshbot 500 shares - ISK Received
* rig selller 500 shares - ISK Received
* Ayaska Shran 100 shares - ISK Received
* Von Bonez 800 shares - ISK Received
* Cesar Menage 100 shares - ISK Received

All ISK collected, this bond is now active

Thank you for your time. (This is the part where you ask questions/crucify me.)

Breaker77
Gallente
Reclamation Industries
Posted - 2010.12.10 02:18:00 - [2]
 

Sadly I never invest in anyone with an actors name. It could be because they are good at acting (or bad in this case) out a scam.


egola
Amarr
Posted - 2010.12.10 03:30:00 - [3]
 

Originally by: Breaker77
Sadly I never invest in anyone with an actors name. It could be because they are good at acting (or bad in this case) out a scam.




are you insinuating that Mr. Seleck is a SCAMMER?! why i never..,.

Tom Selek
Posted - 2010.12.10 06:00:00 - [4]
 

Originally by: Breaker77
Sadly I never invest in anyone with an actors name. It could be because they are good at acting (or bad in this case) out a scam.



I honestly didn't expect my high school torments to rematerialized in Eve.

I suppose your reason is as good of a reason as any to pass on a bond.

(My name is really Thom, as in Thomas, and the actors name is spelled with two L's and a C -- Selleck.)

Liberty Eternal
Posted - 2010.12.10 06:24:00 - [5]
 

Originally by: Tom Selek
Summary

I'm skipping an audit because I want to be well on my way ASAP though I have been audited in the past for my previous successful patch day bond.



1. There was no sign of an audit on your other thread - just a statement that you had released api information to Fleshbot.

2. Do you still use your freighter and pvp characters? Can you give details on their assets held?

3. Was your last bond paid back fully, or did the collateral have to be sold off on your behalf to return the payment?

Thanks Tom

Tom Selek
Posted - 2010.12.10 08:17:00 - [6]
 

Originally by: Liberty Eternal

1. There was no sign of an audit on your other thread - just a statement that you had released api information to Fleshbot.


I was considering sending my API and having the general plan vetted by Fleshbot as an audit. Is there something involved in an audit more than that?

Originally by: Liberty Eternal
2. Do you still use your freighter and pvp characters? Can you give details on their assets held?


I do not, and they are no other assets.

Originally by: Liberty Eternal

3. Was your last bond paid back fully, or did the collateral have to be sold off on your behalf to return the payment?


It was paid back fully. At my request I asked Fleshbot to liquidate the collateral he held (Platinum, Neodymium, Sylramic Fibers) during the bond as they had increased in value during the period of the loan, so by the end of the bond he actually held a greater amount of collateral in ISK than when I started.

I've sent him an evemail hoping he will confirm the above.

Thank you for your thoughtful questions, and welcome back yourself.

Liberty Eternal
Posted - 2010.12.10 09:18:00 - [7]
 

Thanks for answering my questions, I appreciate it.

An audit is a full analysis conducted by an independent 3rd-party. Fleshbot would have looked inside your account but that wouldn't qualify as a full [ie public] audit.

Fleshbot
Posted - 2010.12.10 18:17:00 - [8]
 

Edited by: Fleshbot on 10/12/2010 18:17:28
Originally by: Tom Selek

It was paid back fully. At my request I asked Fleshbot to liquidate the collateral he held (Platinum, Neodymium, Sylramic Fibers) during the bond as they had increased in value during the period of the loan, so by the end of the bond he held a greater amount of collateral in ISK than when I started.

I've sent him an evemail hoping he will confirm the above.


Duly confirmed. And welcome back (they always come back!) Midway though the bond the price on the market of the collateral increased and Tom asked that I sell it and hold the ISK instead, which I did. As noted above the bond actually ended with me holding more collateral than I started with. Ultimately, the bond ended satisfactorily.

Originally by: Liberty Eternal

An audit is a full analysis conducted by an independent 3rd-party. Fleshbot would have looked inside your account but that wouldn't qualify as a full [ie public] audit.


I suppose it's true the audit wasn't made public, but I wasn't aware that was the definition of a 'true' audit. I did check his skill set, previous trading, and that there was nothing suspicious in posting history, contracts, buy/sell transaction, etc. As the sole investor I'm not sure it even makes sense for me to take the time to publicly post the results, as I was the only one who had anything to lose. In any case, it all worked out, to which;

Tom, I'd like to reserve 500M. I'm going to see if I might be able to squeeze another 500M over the weekend before the deadline unfortunately I don't have much liquid ISK at the moment

[edit-spelling]

Ayaska Shran
Posted - 2010.12.10 20:34:00 - [9]
 

I am interested in this. More so to see if everything actually works out in the end.

A couple questions:

1. Would you accept a small buy in like 100M.
2. Being ignorant I don't completely understand 'The bond's interest begins at 0:00 and I will return 7% of the bond after 30 days and 7% and the principle after 60 days.' Could you explain what that means a bit more. Like what exactly would that mean for a 100M stake.
3. What in game mechanisms do we use for this? Is it simply I send you money and you send it back, or are there contracts involved, etc..

Thanks for any info.

Corcyrus Endymion
Caldari
Elder Tribes
Posted - 2010.12.10 20:37:00 - [10]
 

Edited by: Corcyrus Endymion on 10/12/2010 20:39:43
Originally by: Ayaska Shran
I am interested in this. More so to see if everything actually works out in the end.

A couple questions:

1. Would you accept a small buy in like 100M.
2. Being ignorant I don't completely understand 'The bond's interest begins at 0:00 and I will return 7% of the bond after 30 days and 7% and the principle after 60 days.' Could you explain what that means a bit more. Like what exactly would that mean for a 100M stake.
3. What in game mechanisms do we use for this? Is it simply I send you money and you send it back, or are there contracts involved, etc..

Thanks for any info.


I can help with q2: With a bond, one normally receives a set % of interest periodically, with a payment amounting to the amount invested + interest in the final month. This means that if you put in 100m, have a monthly pay out of 7%, you would get 7m after 1 month. If the bond would be a 3 month one, you would receive 7m, 7m again and 7m+100m=107 in the final third month.

Ayaska Shran
Posted - 2010.12.10 20:47:00 - [11]
 

Thanks.

That is what I thought it meant. However I was confused by the OP due to the statement:

'The interest is 8%, which I feel is relatively good return for you and allows me to achieve a health profit for myself.'

Is that just a typo?


Corcyrus Endymion
Caldari
Elder Tribes
Posted - 2010.12.10 20:58:00 - [12]
 

Originally by: Ayaska Shran
Thanks.

That is what I thought it meant. However I was confused by the OP due to the statement:

'The interest is 8%, which I feel is relatively good return for you and allows me to achieve a health profit for myself.'

Is that just a typo?




I am assuming it is. Obviously 7<>8, so there is an error somewhere.

Tom Selek
Posted - 2010.12.10 21:32:00 - [13]
 

Edited by: Tom Selek on 10/12/2010 22:00:08

Originally by: Fleshbot

And welcome back (they always come back!)
...
Tom, I'd like to reserve 500M. I'm going to see if I might be able to squeeze another 500M over the weekend before the deadline unfortunately I don't have much liquid ISK at the moment



Thank you and it's good to be back. Ive placed you down for 500M and placed another 500m on the reserved list for you. I hope that is acceptable.

Originally by: Ayaska Shran

1. Would you accept a small buy in like 100M.

Absolutely, should I place you on the list for that amount? (You are of course welcome to back out before you send any isk).

Originally by: Ayaska Shran
2. Being ignorant I don't completely understand 'The bond's interest begins at 0:00 and I will return 7% of the bond after 30 days and 7% and the principle after 60 days.' Could you explain what that means a bit more. Like what exactly would that mean for a 100M stake.


Exactly what Corcyrus Endymion said. You receive 7% of the amount invested after 30 days (7 million) and the principle (100M) and another 7% (7M) at 60 days.

Thank you Corcyrus Endymion for answering my questions for me in my absence.

Originally by: Ayaska Shran
3. What in game mechanisms do we use for this? Is it simply I send you money and you send it back, or are there contracts involved, etc..



You send money, I send it back, which is pretty standard. The in game contract tools don't actually provide any added functionality unfortunately. I think others can attest to that as well.

Originally by: Corcyrus Endymion
I am assuming it is. Obviously 7<>8, so there is an error somewhere.


Correct, and corrected. should be 7%

Edit - added info on typo.

Taram Caldar
Royal Black Watch Highlanders
Warped Aggression
Posted - 2010.12.10 21:55:00 - [14]
 

Edited by: Taram Caldar on 10/12/2010 22:00:21

If you are willing to either:
a) Get an audit
or
b) Provide me with your full API so I can review your current info

Note: I am not a trader. Knowing what you trade, where or when, will not help me or affect you in any way. I find trading, like mining, about as much fun as watching paint peel. While I have tried it in the past (and thus know what to look for) I don't enjoy it so stopped bothering a long long time ago.

Edit: Actually that's not ENTIRELY True... I do still purchase PVP mods cheaply in empire and move them to 0.0 hubs and sell them for a significant markup. But that's not going to affect you either ;)

Put me down for 1 billion isk.

rig selller
Gallente
Ship Mod Unit Technicians
Posted - 2010.12.10 22:25:00 - [15]
 

i will invest 500 million, let me know when you require the is here or via eve-mail.

Ayaska Shran
Posted - 2010.12.10 22:49:00 - [16]
 

Yes I would like to put 100M into this. I would like to see the process work.

Tom Selek
Posted - 2010.12.10 23:02:00 - [17]
 

Hello Taram, I think I'm on schedule to fill this bond as it is, please let me know if (barring your prerequisites) you'd like me to put you down for 1 billion.

Originally by: Ayaska Shran
Yes I would like to put 100M into this. I would like to see the process work.


Noted in the OP, thank you.

Originally by: rig selller
i will invest 500 million, let me know when you require the is here or via eve-mail.


Noted in the OP, thank you too.

Von Bonez
SecDiv
SpaceMonkey's Alliance
Posted - 2010.12.11 01:04:00 - [18]
 

I can invest 800 mil

Taram Caldar
Royal Black Watch Highlanders
Warped Aggression
Posted - 2010.12.11 01:15:00 - [19]
 

Edited by: Taram Caldar on 11/12/2010 01:16:38
Originally by: Tom Selek
Hello Taram, I think I'm on schedule to fill this bond as it is, please let me know if (barring your prerequisites) you'd like me to put you down for 1 billion.


Nope

Good luck with your bond. I didn't get rich by not taking precautions when investing. Without an audit or full api information I won't invest. A prior "bond" with 1 other pilot whom I do not know, without having an api to confirm it's not just an alt, is meaningless to me.

Tom Selek
Posted - 2010.12.11 01:22:00 - [20]
 

Originally by: Taram Caldar
Edited by: Taram Caldar on 11/12/2010 01:16:38
Originally by: Tom Selek
Hello Taram, I think I'm on schedule to fill this bond as it is, please let me know if (barring your prerequisites) you'd like me to put you down for 1 billion.


Nope. Good luck with your bond...


Thank you, I understand.

Originally by: Von Bonez
I can invest 800 mil


Noted in the OP, and thank you.


Cesar Menage
MenageTech
Posted - 2010.12.11 01:30:00 - [21]
 

I'll take a risk drop me down for 100mil

Tom Selek
Posted - 2010.12.11 09:21:00 - [22]
 

Originally by: Cesar Menage
I'll take a risk drop me down for 100mil


Noted in the OP and thank you.

To anyone else interested in this bond please feel free to reserve shares in case one of the parties listed drops out.


Cesar Menage
MenageTech
Posted - 2010.12.11 17:07:00 - [23]
 

Razz
Originally by: Tom Selek
Originally by: Cesar Menage
I'll take a risk drop me down for 100mil


Noted in the OP and thank you.

To anyone else interested in this bond please feel free to reserve shares in case one of the parties listed drops out.



I will send you the isk as I am typing this out Cool multitasker lol
100mil sent

Tom Selek
Posted - 2010.12.11 18:08:00 - [24]
 

Originally by: Cesar Menage
Razz
Originally by: Tom Selek
Originally by: Cesar Menage
I'll take a risk drop me down for 100mil


Noted in the OP and thank you.

To anyone else interested in this bond please feel free to reserve shares in case one of the parties listed drops out.



I will send you the isk as I am typing this out Cool multitasker lol
100mil sent


Noted. At this point if the rest of the investors could send in their ISK I'd appreciate it. While you have till the 0:00 12/15 according to the OP, I'd like to get this started sooner rather than later if possible.

Von Bonez
SecDiv
SpaceMonkey's Alliance
Posted - 2010.12.12 01:08:00 - [25]
 

ISK sent

Ayaska Shran
Posted - 2010.12.12 04:42:00 - [26]
 

ISK sent.

rig selller
Gallente
Ship Mod Unit Technicians
Posted - 2010.12.12 10:08:00 - [27]
 

isk'ies sent

Tom Selek
Posted - 2010.12.12 21:15:00 - [28]
 

Originally by: Von Bonez
ISK sent

Originally by: Ayaska Shran
ISK sent.

Originally by: rig selller
isk'ies sent


All received. This Bond is now active, 60 days will be calculated from 0:00 12/13/10.


Ayaska Shran
Posted - 2011.01.15 19:05:00 - [29]
 

Have not received first 30 days interest. Have not been able to contact Tom Selek.

Eunson
MenageTech
Posted - 2011.02.08 23:43:00 - [30]
 

Originally by: Ayaska Shran
Have not received first 30 days interest. Have not been able to contact Tom Selek.



When I invested in it.
I thought i would lose out on it (was hoping i be wrong)
Glad I only droped 100milRolling Eyes
Never got the first payout nor do I expect I will ever see it or investment again

has any one had contact with him?

Cesar Menage main
Eunson Alt


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