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Arnetta Xadi
Universal Resource Allocation
Posted - 2011.07.30 23:17:00 - [1]
 

Section I - Summary of Universal Resource Allocation
Section II - History of Universal Resource Allocation
Section III - Corporate Governance
Section IV - The Business Plan
Section V - Statement of Assets
Section VI - Disclosure of Risks
Section VII - IPO Phases & Dividends
Section VIII - Exit Strategy
Section IX - FAQ

Visit our website (http://ursat.zzl.org) for more information.

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Section I - Summary of Universal Resource Allocation

Universal Resourse Allocation, URSAT, operates with a primary focus on standing relations, positive portfolio managment through contractuals and increased trade relations.


Section II - History of Universal Resource Allocation

Trytan Blychllad started Universal Resource Allocation as a small/medium cargo transport and distribution corporation with minimal capital investment. Through continual focus on transport and distribution completion, base-line capital was increased to build working collateral to secure additional contractual revenues.

A Headquarters was established at Alf, with additional satellite offices to follow throughout New Eden.

No bonds or outstanding obligations were used to generate start-up capital and Universal Resource Allocation continues to focus on small/medium cargo transport to build working collateral.


Arnetta Xadi
Universal Resource Allocation
Posted - 2011.07.30 23:20:00 - [2]
 

Edited by: Arnetta Xadi on 30/07/2011 23:44:25
Edited by: Arnetta Xadi on 30/07/2011 23:22:36
Section III - Corporate Governance

Universal Resource Allocation is run by a single CEO, Trytan Blychllad. The corporation has a single director, Arnetta Xadi (an alt), who acts as CFO to differentiate further, official corporate activities. Arnetta Xadi does not provide any operational capacities, essentially being the spreadsheet and corporate bank account. No other activites are performed through Arnetta Xadi. The corporation operates with a 0% tax rate.

The corporation has 101,000 shares of stock, of which the CEO holds 60,000 shares. These are used as the primary means of providing CEO salary and to maintain control of the corporation. The CEO does not receive compensation for completed activities like the corporation's employees do.

Arnetta Xadi holds 30,000 shares to be used for inter-corporate and public share offerings. Universal Resource Allocation holds 10,000 shares as part of an offset reinvestment policy.

10,000 shares through Arenetta Xadi will be made available to the public in this IPO.

Main operation funds are held in the Master Wallet, with access only permitted to Trytan Blychllad and Arnetta Xadi. No other entity, employee, partner, contractor or investor will, at any time, be granted access to this division.

Additional wallet divisions can be opened to allow limited and supervised management of operations by satelite managers.

NO other persons will ever be promoted to Director status or have access to the Master Wallet division.

We do not provide hulls, fittings or insurance to our employees. All employees are independently responsible for acquiring the means to participate in corporate activities. The only compensation provided to our employees is through ISK payment of completed activities supporting our primary focus.

Universal Resource Allocation will not enter into any Alliance but will continue to foster increased relations with all outside corporations in a mutually beneficial manner.

Shareholders will be invited to the URSAT mailing list where in-game communications mirroring those made on our website are made.


Section IV - The Business Plan

Universal Resource Allocation is a transportation and distribution corporation expanding operations in a deliberate and calculated manner. We continue to focus on identifying, initiating and maintaining our relations with both NPC and PC corporations throughout New Eden.

Our public to private ratio of obligations is approxiametely a 70/30 mix with the expectation that the 30% private mix will continue to increase, lowering our dependence solely on publicly available transport and distribution activities.

IMPORTANT: The funds generated from this IPO will be used to increase the collateral available for corporate activities, mainly contract collateral. Dividends will not be paid off of these funds.

Shareholders will see montly returns on investment on or about the 5th of each month. The initial returns will be minimal but will grow as the corporation sees continued growth.


Section V - Statement of Assets

As a newer corporation, Universal Resource Allocation holds minimal assets. We maintain no fleet, POS or significant inventories. What assets are acquired, are securely stored with no take access to any corporate employee other than Trytan Blychllad or Arnetta Xadi.


Arnetta Xadi
Universal Resource Allocation
Posted - 2011.07.30 23:28:00 - [3]
 

Section VI - Disclosure of Risks

Universal Resource Allocation promotes operation in High-Sec travel lanes only. We have no structures or publicly available holdings to attack at this time. There is some risk for war decs but contingencies have been planned in the likelihood of such occurances. A majority stake in Universal Resource Allocation is held by me in the form of shares. Only one corporate member has Master Wallet access, myself. My account is paid in full for the next 12 months.


Section VII - IPO Phases & Dividends

  • Total Number of Shares - 101,000 (there is no plan to increase the total number of shares available)


  • Shares Allocated for IPO - 10,000


  • Shareholder Limits for this IPO - 500 shares maximum per investor.
    NOTE: For the purposes of this offering, an investor is considered to be a uniquely named pilot. This excludes corporations, alliances, conglomerates or the like.


  • Price Per Share - 100,000 ISK


  • Anticipated Market Capitalization - 1,000,000,000 ISK


  • Offering Date for this IPO - August 6, 2011


  • Closing Date for this IPO - On or about September 10, 2011


  • Dividend Schedule - On, about or before the 5th of each month


  • Total Dividend Payment - 60% of corporate profits. Profits are defined as ISK remaining in Master Wallet after removal of collateral funds, corporate overhead (provides for buyback program, emergency operations, future growth investment options) and rental obligations. The remaining 40% of corporate profits are rolled over to the following month as an offset for contingency operations.

Section VIII - Exit Strategy

Should Universal Resource Allocation decide to cease operations, funds have been set aside to facilitate a share buyback of all outstanding public shares at 15% above the IPO purchase price.

Unforeseen interuption in operations will be communicated to all shareholders. A decision at that time will be put to a shareholder vote for resolution.


Arnetta Xadi
Universal Resource Allocation
Posted - 2011.07.30 23:31:00 - [4]
 

Section IX - FAQ


Q: How do you know you'll be successful?
A: We are operating currently with developed obligations to meet. This offering it to increase our collateral to increase our operational capacity.

Q: Do you intend to have an audit done at some point?
A: Universal Resource Allocation does not plan to have an audit done on this IPO. We have not eliminated the likelihood of a future audit if our operations become increasingly diversified.

Q: Will you ever buy back shares?
A: Through our corporate overhead, it is planned to make available a share buy back option at a future, unannounced date.

Q: What if Universal Resource Allocation is War Dec'd?
A: We have no structures and limited assets. We have prepared a confidential corporate stewardship initiative should we face a war dec.

Q: How can shares be purchased?
A: Send a mail to Arnetta Xadi expressing interest. She will facilitate this IPO purchase on or about September 10, 2011. All shareholder obligations for Universal Resource Allocation will be handled through her.

Q: Will shares be available through any stock exchange or public funds management?
A: After the IPO, consideration will be given to making available additional shares through a stock exchange or through public mutual funds management.

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.07.30 23:34:00 - [5]
 

Edited by: Arnetta Xadi on 12/08/2011 03:37:02
9,160----Shares Reserved

840----Shares Remaining

Trytan Blychllad
Universal Resource Allocation
Posted - 2011.07.30 23:38:00 - [6]
 

This is to confirm Arnetta Xadi is an alt directly related to my account.

Devai Starchild
Caldari
Posted - 2011.07.31 01:14:00 - [7]
 

I can confirm UFA has provided shipping for me in the past in a timely and cordial manner.

Thoraemond
Minmatar
Far Ranger
Posted - 2011.07.31 04:36:00 - [8]
 

Originally by: Arnetta Xadi
Total Number of Shares - 101,000 (there is no plan to increase the total number of shares available)
Shares Allocated for IPO - 10,000
Price Per Share - 100,000 ISK
Anticipated Market Capitalization - 1,000,000,000 ISK

So a total valuation of 10.1 billion ISK?

You wrote that Trytan Blychllad holds 60 k shares, Arnetta Xadi holds 30 k (with 10 k of those to be sold in the IPO), and the company holds 10 k shares. Who has the remaining 1 k?


Originally by: Arnetta Xadi
[F]unds have been set aside to facilitate a share buyback of all outstanding public shares at 15% above the IPO purchase price.

If you have 1.15 GISK to set aside to fund a buyback, why do you need to sell part of your company to raise 1 GISK in public ISK? I.e., why not simply use that 1.15 GISK instead?

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.07.31 17:04:00 - [9]
 

Originally by: Thoraemond

So a total valuation of 10.1 billion ISK?


That is correct, the total valuation of all company shares is 10.1B ISK. However, because our members are still training, we will, in the future, exceed that valuation through operation activities. The baseline valuation of a company doesn't neccesarily predict its capability to provide return on investments.

Originally by: Thoraemond
You wrote that Trytan Blychllad holds 60 k shares, Arnetta Xadi holds 30 k (with 10 k of those to be sold in the IPO), and the company holds 10 k shares. Who has the remaining 1 k?


The remaining ghost shares of 1,000 reside in a holding corp, not to be named, that is structured similarly to Universal Resource Allocation and controlled solely through me. This is part of the Corporation Stewardship Contingency Plan of operations briefly mentioned in the IPO under Section VI. The reasoning for this is to allow for functionality of that corporation should the need arise for its use. Originally, Trytan Blychllad held 61,000 shares, so at the upper levels of financial accountability, he essentially reallocated the dividends from himself to the holding corporation.

Originally by: Thoraemond
If you have 1.15 GISK to set aside to fund a buyback, why do you need to sell part of your company to raise 1 GISK in public ISK? I.e., why not simply use that 1.15 GISK instead?


115,000,000 ISK is the amount to be set aside for future share buyback from this IPO. Most IPOs use a Lock-Up Agreement, usually lasting for six (6) months. Because this would be unenforceable due to current mechanics in-game, it was determined to set any share buyback atleast six (6) months in the future. This was determined to be a realistic and obtainable goal based on current operations. Universal Resource Allocation is a lean running corporation and six (6) months is more than adequate time to allocate the necessary funds from operational profits to facilitate this arrangement. Essentially, we are using all our existing capital for operations, but as operations mature this isn't the case, hence the corporate overhead mentioned in Section VII.

Jerry Pepridge
Posted - 2011.08.01 02:02:00 - [10]
 

would like pledge 20b

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.08.01 02:50:00 - [11]
 

Originally by: Jerry Pepridge
would like pledge 20b


Your enthusiasm is well appreciated and we would like to make this IPO available to a broad spectrum of individual investors.

At this time, Universal Resource Allocation is only able to offer you what is stated in the IPO documentation above.

Revan Slahka
Posted - 2011.08.01 03:08:00 - [12]
 

i'll buy 500 shares

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.08.01 04:06:00 - [13]
 

Edited by: Arnetta Xadi on 01/08/2011 04:37:11
Originally by: Revan Slahka
i'll buy 500 shares


Reservation received.

Wirewalker
Babylon Scientific and Industrial Enterprises
Babylon Project
Posted - 2011.08.01 06:26:00 - [14]
 

Put me down for 500 shares

Jita Tradedrone
Posted - 2011.08.01 08:13:00 - [15]
 

I'd like a 500 share reservation

Keitaro Baka
Babylon Scientific and Industrial Enterprises
Babylon Project
Posted - 2011.08.01 09:52:00 - [16]
 

500 shares for me too please, good luck!

Leo Twilight
Posted - 2011.08.01 15:49:00 - [17]
 

Can you reserve 500 shares for me please

Greygal
Gallente
Sephray Industries
Serenitas Solutus
Posted - 2011.08.01 17:13:00 - [18]
 

Reserve 100 shares for me, please.

minerelite
Posted - 2011.08.01 20:01:00 - [19]
 

Please reserve 500 shares for me.

Devai Starchild
Caldari
Posted - 2011.08.01 20:38:00 - [20]
 

Ill reserve 500.

Plato Idari
Posted - 2011.08.01 21:02:00 - [21]
 

Edited by: Plato Idari on 01/08/2011 21:14:00
I'd like to reserve 50 shares or 500 with answers to the following questions.

1) How many employees does Universal Resource Allocation currently have?

2) How many do you believe you will need in order to take advantage of all this capital.

3) If the difference between #1 and #2 is large, how do you intend to attract players to do hauling for you?

Dublin Kion
Posted - 2011.08.01 21:08:00 - [22]
 

Please reserve 250 shares for me

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.08.02 03:20:00 - [23]
 

The following reservations will receive an in-game mail with further details, but to quickly acknowledge reservations, I've consolidated those requests here.

Originally by: Wirewalker
Put me down for 500 shares

Reservation request received.

Originally by: Jita Tradedrone
I'd like a 500 share reservation

Acknowledged.

Originally by: Keitaro Baka
500 shares for me too please, good luck!

Thank you for your reservation.

Originally by: Leo Twilight
Can you reserve 500 shares for me please

Yes, your reservation is acknowledged.

Originally by: Greygal
Reserve 100 shares for me, please.

Shares are reserved.

Originally by: minerelite
Please reserve 500 shares for me.

They have been reserved.

Originally by: Devai Starchild
Ill reserve 500.

Thank you for your continued support.

Originally by: Dublin Kion
Please reserve 250 shares for me

Your shares have been reserved.

Trytan Blychllad
Universal Resource Allocation
Posted - 2011.08.02 03:55:00 - [24]
 

Originally by: Plato Idari
I'd like to reserve 50 shares or 500 with answers to the following questions.

1) How many employees does Universal Resource Allocation currently have?

2) How many do you believe you will need in order to take advantage of all this capital.

3) If the difference between #1 and #2 is large, how do you intend to attract players to do hauling for you?


1--URSAT currently has five (5) unique employees. Two (2) of those have an additional alt within the corporation making a total of seven (7) total pilots available. However, only four (4) of the seven (7) total are focused on transport and courier.

2--After two (2) months of intensive focus on public courier contracts, a reoccuring theme almost immediately emerged. To turn a larger profit through courier contracts, higher collateral is required. This IPO would expand our operational capacity. Currently, we use all available captial on a daily basis. This is not an optimal situation and we are yet to be able to reach our full operating capacity with these limitations. Additionally, each investor will be provided monthly financials through our Mailing List, so as to be as transparent and investor friendly as possible. Now that I've taken you for a tour, I should directly answer your question: one pilot could theoritically transport 1B ISK in collateralized courier contracts in a four hour session. Is that likely, no, because unless it was myself, I bluntly don't trust anyone else with my reputation or that of Unversal Resource Allocation's reputation. Ideally, we would like to see 7-10 pilots who show an interest in courier and transporting.

3--It takes all types of pilots to make the EVE cog wheel turn and through continued conversations and various communication outlets afforded us, those 3-6 additional pilots will call Universal Resource Allocation home.

I hope that I've been as transparent as operationally possible without divulging our Corporation's Stewardship plan. There are no doubt going to always be challenges faced and it is those challenges that makes for an exciting and enjoyable adventure throughout New Eden.

Plato Idari
Posted - 2011.08.02 06:41:00 - [25]
 

I'd like to reserve 500 shares. ;)

Florestan Bronstein
24th Imperial Crusade
Posted - 2011.08.02 08:03:00 - [26]
 

Originally by: Trytan Blychllad
2--After two (2) months of intensive focus on public courier contracts, a reoccuring theme almost immediately emerged.

sums up the whole offering quite nicely

khai88
Posted - 2011.08.02 11:30:00 - [27]
 

reserve 500 share for me thk

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.08.03 02:54:00 - [28]
 

Originally by: Plato Idari
I'd like to reserve 500 shares. ;)

Reservation acknowledged.

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.08.03 02:56:00 - [29]
 

Originally by: khai88
reserve 500 share for me thk

Reservation received.

Arnetta Xadi
Universal Resource Allocation
Posted - 2011.08.10 03:05:00 - [30]
 

Moving back to the top.

There are some shares left, with approximately three (3) weeks remaining until the share transfers begin.

Anyone interested can contact myself or post here.


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