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blankseplocked T2 Technologies Unlimited - <insert witty saying about scam>
 
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Brock Nelson
Posted - 2011.06.02 19:04:00 - [1]
 

Edited by: Brock Nelson on 04/06/2011 00:49:56

T2 Technologies Unlimited


Buyback


*Summary
*Buyback
*Current Shareholders
*Procedure


Summary

This IPO is now terminated. Buyback price is set at 1,031,029.34 per shares (2% above current share value).

Buyback

Due to RL event, I am terminating this IPO; I know its sudden, so was the RL event (something good, not bad don't worry). So, I'm setting buyback price at 2% above the current share price (1,031,029.34). I've taken a snapshot of current shareholders and as of now, This is just to keep things simple and easier to keep track of who has sent me what shares.

Current Shareholders

BigK – 789
Brock Nelson – 9,001
BSAC MMM – 1,001
Companion Qube – 1
Corporal Punishment08 – 10
Cowherd – 366
Crimzim Aprest – 750
Dethmourne Silvermanne – 34
Dhund Wyer – 10
E Trade – 1,000
Empire Arms Dealers – 200
Kain Rehel – 2,000
Khanid Voltar – 11,485
Krythas – 4,999
Lando Antilles – 2,204
Moto Akimoto – 100
Tecu’mseh – 1,000
Tomas Kynes – 50

The list is from the investor relation site and I believe its out of date due to Lando-Khanid dealings after last dividend payment. Will confirm once I get the game patched up and login.

Procedure

Simple, send me the shares, mail me that you've sent in the shares and I will send you your isk back.

Brock Nelson
Posted - 2011.06.02 19:25:00 - [2]
 

Ok the list matches what I have ingame.

Lando Antilles
Posted - 2011.06.02 19:36:00 - [3]
 

Edited by: Lando Antilles on 02/06/2011 19:39:29
Khanid didn't get a chance to return my May shares (328). I've sent an in-game reminder and proposed a resolution to the outstanding loan balance. I think he'll return that to you and give me a cut of the appreciation.

I'm sorry to see this lucrative investment go. But I'm happy for you as you said it's good news.

EDIT - Once KV sends me the may shares, I'll send you my total for close-out.

Nairb Ecrep
Mercurialis Inc.
RAZOR Alliance
Posted - 2011.06.03 06:30:00 - [4]
 

Edited by: Nairb Ecrep on 03/06/2011 06:31:11
Welp, there goes a lot of isk. I guess this is a good reminder as to why not to let other people manage your money (and why not to pay above NAV for dividends).

I do hope none of your shareholders had advance knowledge of this information before I sunk a significant amount of it on the exchange. I imagine that would amount to insider trading..

Khanid Voltar
Night's Dawn Investment Fund
Posted - 2011.06.03 09:49:00 - [5]
 

Edited by: Khanid Voltar on 03/06/2011 09:53:12
I would like to assure all BSAC investors in T24U stock that I had no prior knowledge of any kind that the IPO was about to close.

I stated here that I was looking to unload a portion of my stack of shares, and had more to sell.

In all honesty I was hoping this might be some sort of elaborate troll when I first saw this thread, and I still want to talk to Brock to confirm his account hasn't been compromised before I release the shares back to him.

edit - for the record I sent Lando's 328 shares to him this morning, sorry that was an oversight on my part.

Lando Antilles
Posted - 2011.06.03 14:36:00 - [6]
 

Khanid has sent me the may 328 shares and a few extra (17) to close out our loan agreement. This brings my total to 2,549 which I'll return to Brock momentarily.

KV, thanks for working with me on that experimental investment. It was a good economic exercise, profitable, and fun.

Brock, good luck in your future endeavors. If you want to come back for another IPO, save me a seat at the table.

Brock Nelson
Posted - 2011.06.03 18:22:00 - [7]
 

Thanks to all those who have mailed me, I will send out the isk as soon as I get home from work.

BTW, eve forum sucks on android phone

Dretzle Omega
Caldari
Global Economy Experts
Posted - 2011.06.03 18:47:00 - [8]
 

Forgive my denseness, but why can't you pay out dividends to the shares instead of requiring them to send shares back?

Lando Antilles
Posted - 2011.06.03 19:41:00 - [9]
 

Edited by: Lando Antilles on 03/06/2011 19:42:21
Originally by: Dretzle Omega
Forgive my denseness, but why can't you pay out dividends to the shares instead of requiring them to send shares back?

Our shares are those of the real T24U corporation. they have voting power over locked down BPOs and ownership over considerable in space assets (POS).

If Brock wants to retain some control over that stuff, then it's in his best interest to get the shares back.

EDIT - for what it's worth, I did enjoy having this opportunity to really own a company, not just a promise of assets through a holding corp or by a 3rd party.

Lord Wickham
Posted - 2011.06.03 22:22:00 - [10]
 

Edited by: Lord Wickham on 03/06/2011 22:23:05
frankly im not surprised by the turn of events brock has been debating publicly whether he should end this IPO and how a buyback would be followed through.


As for the Bsac exchange and brocks listing of shares on it, we shall see how fluidly the exchange works now that a buyback is in effect.


on a sidenote, if brock has BPO's locked down within the corp, then knanid volatar as majority holder could request a higher portion for his shares or hold ransom over brock for the release of the locked BPO's?? however if i recall correctly BPO unlock vote was cast few weeks previously to this IPO closure notice? This unlock in itself would suggest brock was thinking of ending the IPO even back then?

all questions without facts, if my memory is not correct then please feel free to ignore my ramblings.

Brock Nelson
Posted - 2011.06.04 00:13:00 - [11]
 

The scam is up, thank you

Now go away

Candy Oshea
Amarr
Techfree Investment Group
Posted - 2011.06.04 00:20:00 - [12]
 

gulp Confused

Tehg Rhind
Posted - 2011.06.04 01:38:00 - [13]
 

Round of applause people...well done

*golfclap*

The Illustrious Juden
Posted - 2011.06.04 01:45:00 - [14]
 

I knew it all along! Cool

Brock Nelson
Posted - 2011.06.04 01:46:00 - [15]
 

Originally by: The Illustrious Juden
I knew it all along! Cool


Was waiting for this

Alice Celadon
Sniggerdly
Pandemic Legion
Posted - 2011.06.04 02:12:00 - [16]
 

I'm confused. Unless you scammed way more than it looks like you did, you cashed out WAAAY too early.

Block Ukx
Forge Laboratories
Posted - 2011.06.04 03:34:00 - [17]
 




Brock,
To place a buy back, simply send ISK to BSAC MMM and place a buy order. Shares you purchase back will be return to you.




Graic Valente
Gallente
Valente Galactic Enterprises
Posted - 2011.06.04 03:43:00 - [18]
 

Originally by: Block Ukx



Brock,
To place a buy back, simply send ISK to BSAC MMM and place a buy order. Shares you purchase back will be return to you.




Ummmm....

Ray McCormack
Nordar Innovations.
Posted - 2011.06.04 06:18:00 - [19]
 

I don't get it...

darklord stout
Posted - 2011.06.04 06:48:00 - [20]
 

MD Tears are the best kind.


Khanid Voltar
Night's Dawn Investment Fund
Posted - 2011.06.04 07:53:00 - [21]
 

Edited by: Khanid Voltar on 04/06/2011 08:06:12
Originally by: Brock Nelson
Thanks to all those who have mailed me, I will send out the isk as soon as I get home from work.



Shares were sent back yesterday, but the initial capital has not yet been received.

Originally by: Lord Wickham
Edited by: Lord Wickham on 03/06/2011 22:23:05
frankly im not surprised by the turn of events brock has been debating publicly whether he should end this IPO and how a buyback would be followed through.



Wish someone had mentioned it to me, I would never have loaded shares onto the SE if I had known this IPO was a short term thing. Brock knew I was selling shares on the exchange and had specifically said he didn't have an issue with it.

Originally by: Lord Wickham
As for the Bsac exchange and brocks listing of shares on it, we shall see how fluidly the exchange works now that a buyback is in effect.


If you had been watching Ray's ATPH buyback a couple of weeks ago you would have seen that it works fine.

Originally by: Lord Wickham
on a sidenote, if brock has BPO's locked down within the corp, then knanid volatar as majority holder could request a higher portion for his shares or hold ransom over brock for the release of the locked BPO's??


I am the largest stock holder, I control about 30% of the stack. For me to force Brock to do anything I would need the rest of the shareholders to either vote with me or abstain. edit - not that I would want to try and force Brock to do anything.

Knanid Volatar

Kethas Protagonist
Protagonist Ventures
Posted - 2011.06.04 08:00:00 - [22]
 

I admit I haven't been following T24U's threads terribly closely as I'm hardly in a position to lend cash, but if Brock intended to walk with the isk, why pay dividends after the shares sold?

Cista2
Hydra Investment Fund
Posted - 2011.06.04 10:20:00 - [23]
 

Edited by: Cista2 on 04/06/2011 10:21:06
Originally by: Brock Nelson
The scam is up
What on Earth does that mean. I didn't mean to post, but what is going on here? In the OP it says this is a buyback at x% above face value.
If this is a scam could you at least brag about it thx.

Khanid Voltar
Night's Dawn Investment Fund
Posted - 2011.06.04 10:58:00 - [24]
 

Originally by: Cista2
Edited by: Cista2 on 04/06/2011 10:21:06
Originally by: Brock Nelson
The scam is up
What on Earth does that mean. I didn't mean to post, but what is going on here? In the OP it says this is a buyback at x% above face value.
If this is a scam could you at least brag about it thx.


I think Brock was being facetious.

The Illustrious Juden
Posted - 2011.06.04 11:49:00 - [25]
 

Brock and his alts attempted to make it clear that he was scamming in the lounge last night. Apparently this didn't transition to the forums very well.

Kain Rehel
Gallente
Oberon Incorporated
Morsus Mihi
Posted - 2011.06.04 14:14:00 - [26]
 

2000 shares returned, awaiting isk

Companion Qube
Minmatar
Electron Conservation Inc
SRS.
Posted - 2011.06.04 14:22:00 - [27]
 

Dear Brock Nelson,

Are you, as my great white northern hockey-loving brother, an attention ***** that found himself working too hard for his MD income by working EVE as a second job? Did you burn out then try to save face by claiming that "OH LORD I PLANNED TO SCAM YOU ALL ALONG" when you realized that your click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click business model was slightly more ******ed than flipping burgers at McDonalds for an hourly wage? If so, I'd like to recommend Companion Qube's "HOW TO MAKE ISK AND NOT SUCK AT EVE" correspondence course. I can't guarantee you'll make less than 9b per month and have to log in every day, you might make more and log in less, but I can 100% guarantee that your business model won't be as ******ed as PI and invention.

PS: I want my money back for my 1 share.

PPS: WHAT I CAN'T HEAR YOU

PPPS: WHAT

*****, ****?

Jackie Fisher
Syrkos Technologies
Joint Venture Conglomerate
Posted - 2011.06.04 14:22:00 - [28]
 

Nice bit of variety from account hacking I suppose.

Rafia Landras Audeles
Gallente
Posted - 2011.06.04 14:32:00 - [29]
 

Originally by: Companion Qube
Dear Brock Nelson,

Are you, as my great white northern hockey-loving brother, an attention ***** that found himself working too hard for his MD income by working EVE as a second job? Did you burn out then try to save face by claiming that "OH LORD I PLANNED TO SCAM YOU ALL ALONG" when you realized that your click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click, click business model was slightly more ******ed than flipping burgers at McDonalds for an hourly wage? If so, I'd like to recommend Companion Qube's "HOW TO MAKE ISK AND NOT SUCK AT EVE" correspondence course. I can't guarantee you'll make less than 9b per month and have to log in every day, you might make more and log in less, but I can 100% guarantee that your business model won't be as ******ed as PI and invention.

PS: I want my money back for my 1 share.

PPS: WHAT I CAN'T HEAR YOU

PPPS: WHAT

*****, ****?


This sums it up nicely. I'm sure Cosmo has some room saved up for you in failed businessman lane.

Elise DarkStar
Posted - 2011.06.04 14:37:00 - [30]
 

lololol

Qube is still the best poster on md.

I want to be like him when I grow up.



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