VEMEX registered public investment.
Investment published on: 2010-12-12 19:27:00.
NEISIN code: CSRB6JXBO062.
Official discussion: link to EvE forum investment prospectus.
Public Investments Archive for this investment: backlink.
Official audit: link to EvE forum audit.
Public Audits Records for this investment’s audit: link.
Archived by: Vaerah Vahrokha.
Rykker Bond #6 NEISIN code: CSRB6JXBO062
• Chapter 1 – Bond Terms and Conditions
• Chapter 2 – Purpose of the Rykker Bond #6
• Chapter 3 – Business Plan
• Chapter 4 – Disclosure of Risks
• Chapter 5 – Exit Strategy
Chapter 1 – Bond Terms and Conditions
This is a 15 Billion ISK bond with 10% interest monthly paid out at 2.5% weekly. 150 bonds at 100 million each.
NEISIN = CSRB6JXBO062
Price of bond – 100 million each
Number of bonds – 150
Interest – 10% per month (paid 2.5% weekly)
Length – 1 month (4 weeks)
Start date – Friday, December 17th
Collateral – None
Reports – Minimum of an end of bond report
Audit – business performance audit by VV at/near end of bond
Rykker Bow bond #1 – (3 Billion) February 2010
Rykker Bow bond #2 – (8 Billion) April 2010
Rykker Bow bond #3 – (8 Billion) September 2010
Rykker Bow bond #4 – (15 Billion) October 2010
Rykker Bow bond #5 – (10 Billion) November 2010
Chapter 2 – Purpose of the Rykker Bond #6
The goal of this bond will be to raise funds for the continuation and expansion of station trading. Alongside the public funds, ~10 billion of personal funds will be included at the start of the bond with the expectation that this amount will increase or decrease as the bond progresses. All public funds from this bond will remain in station.
Chapter 3 – Business Plan
Station trading. Pure and simple. Public funds will be used in buy low/sell high strategy along with market manipulations and short term to medium term speculation. This venture will be two part as in the last bond with 15 billion in public funds and an initial ~10 billion in personal funds for a total of 25 billion.
Chapter 4 – Risks
Scam. Always a risk in eve and as such needs to be addressed. I will say that I find scamming in poor taste and have no intention of doing so.
Ganking, wardec. N/A – Rykker Bow will not leave station for the duration of the bond unless extreme circumstances dictate the need.
Chapter 5 – Exit Strategy
If trading does not go as expected or sudden circumstances prohibit me from further trading then current buy orders will be slowed or stopped and all interest will be paid as if the bond had reached it’s completion and all ISK from the bond returned to investors.
RAW23 – 2.5 billion – received
Taram Caldar – 2 billion – received
Elegbara – 1 billion – received
Tekota – 500 million – received
rig selller – 2.5 billion – received
Rox FerBrains – 500 million – received
Xiro Giolhya – 1 billion – received
Legebriril24 – 1.5 billion – received
Jay Wareth – 500 million – received
Kragaar – 2.5 billion – received
Ave Volta – 500 million – received
Ave Volta – 500 million
Rodyth – 2 billion
Dezolf – 500 million
Interest Payout Schedule
December 24th – paid
December 31st – paid
January 7th – paid
January 14th – paid
As in the last bond there will be a 2.5 billion cap per investor.
I realize this is a very high interest rate for a bond of this size and associated risk.
My reason for this is that I’ve always had healthy returns in my business ventures which gives me the opportunity to give back something extra to those who trusted me with their hard earned ISK. So thanks and enjoy the interest!
For the sake of transparency, I run the financing division of the corp I’m in which has a value of approximately 3 billion. Additionally, VV has agreed to do a performance review of my business ventures for the duration of the bond, has all api keys and will post at (or near) the end of the bond.
Feel free to convo me in game with any questions but be advised the investor list is based on post order and I cannot guarantee a spot through convo or mail. The official start of the bond will be Friday so there will be time for any questions you may have.