Topic: [LR Bond #1] 20 Shares @ 500k 20% interest two weeks[Closed/PAID]
Hello,
I'm looking for investors to invest in my first public bond.
I'm asking for 20 Shares @ 500k per share @ 20% interest paid once at the end of the bond. A total of 10M
To make this NIC I will be Buying/Selling/Manufacturing in various markets.
Note: Please only invest if you have extra NIC you can part with, I don't want people investing all the NIC they have unless you are going away from the game for a while.
Questions you may have:
Is this a scam?
There is always a risk this is a scam and I just want your NIC, just like in real life there is always risk when considering investing. If you read this entire post you should be confident this is not a scam.
What happens if you cant make the interest amount?
If I cannot pay the interest back I will use my personal assets to pay off the loan/bond (see screenshot)
How are you making NIC?
I purchase materials off the market and produce items. Then sell them for a profit.
What items do you make?
There is no specific item or items I make. I look at the market to determine what offers the most NIC making opportunities and its always changing.
I see you are in AXE, they are lame/suck/etc
All the NIC in my wallet and all my assets are my own and not owned by AXE or any other corp/alliance.
When will I get my NIC + Interest back?
2 weeks after the bond ends I will return your initial investment + 20% interest.
Ex. You give me 1M and the bond starts today. 2 weeks from now you will have 1.2M NIC transfered to you.
Can I back out after I invest?
To help build trust and encourage investors I will be keeping 10M NIC of my personal assets in wallet to purchase shares back if you choose to.
why are you offering this bond?
I as an individual industrialist I need investors to build my assets faster than normally possible, offering bonds is a good way to do this. This initial bond is to build trust within the community.
Will you be doing more bonds after this one
As long as I have investors Yes, each time they will increase in value.
Lets see your assets
Here is a screenshot of my current manufacturing progress and wallet balance. Market value is easily over 100M.
http://tinypic.com/view.php?pic=2mgpm9w&s=7
Do you have any alts?
Yes and they are all in AXE. Luftt is the only other significant one.
How do I invest?
Send NIC to "LethalBond" - This is the character I will use to receive and send NIC to investors. I'm not using LethalRose because it would be to difficult to keep track of bond activity with all the other transactions happening.
Once I reach 20 shares purchased the bond will close and I will use this thread to update on progress ETC.
If you are an investor and want to be listed just post in this thread how many shares you purchased.
Investors will not know which items I'm making/producing or where I'm producing them from (not hard to figure out if you really want to know)
Any questions please contact me.
SUMMARY
Name: LR Bond #1
Run by: LethalRose
Begins: 2/6/2010
Ends: 2/20/2010
Num. of Shares: 35
Price per share: 500K NIC (17.5M total funds)
Interest Rate: 20%, paid once
Total Interest: 3.5M mil (100,000 per share)
Send Nic To: LethalBond (500k Increments)
Collaterial: Personal