Cor’El Dahken Offering Plan
Chapter 1 - Summary
Chapter 2 - Background on idea & current business
Chapter 3 - IPO Phases & Dividends
Chapter 4 - IPO Governance
Chapter 5 - The Business Plan
Chapter 6 - Statement of Assets
Chapter 7 - Full Disclosure of Risks
Chapter 8 - Full Disclosure of Main and Alts
Chapter 9 - Exit Strategy
Chapter 10 - FAQ
Chapter 1 - Summary
I am restarting my Hi-Sec station trading operations in Jita and looking to expand to Amarr.
Chapter 2 - Background on origins/idea/current business
I have had some previous experience station trading in Jita making decent returns on approx 50b capital. I am looking to begin again in Jita with a larger capital and include Amarr as a secondary hub.
Chapter 3 - IPO Phases & Dividends
Total Number of Shares
-300,000
Shares Allocated this offering
-100,000
Price Per Share
-1,000,000
Dividend Schedule
-Monthly
Projected Return per Dividend Payment(%)
-5.0% - 10%
Projected Return per Share
-50,000 - 100,000
IPO consists of 2 phases
-Phase 1 - Shares have already been sold to current investors
-Phase 2 - Shares are being offered to the public
Shares will be virtual, not in game corp shares. And payments will be made manually at the end of each month after recalculating NAV.
Chapter 4 - IPO Governance
I am the sole member of this venture. However like any good businessman i have several other people that i regularly look to for advice and recommendations in regards to station trading.
I will be the only person with access to the funds of this venture, and the only person making final decisions on how funds are allocated.
Chapter 5 - The Business Plan
Station trading
Relatively simple and next to 0 risk. Buy low sell high. I do not have plans of transferring items between Jita and Amarr, but if good opportunities arise I will take advantage of them. Hauling will be done via public contracts and fully collateralized negating that risk.
I have maxed out most trading skills relevant to saving isk and have been working on my standings with Caldari Navy to reduce brokers fees and thereby increasing profit margins.
Items are chosen based on daily isk volume performance and margin, as well as other intuitive factors.
Chapter 6 - Statement of Assets
My current NAV across all characters is approximately 200b.
I also have 100m give or take SP spread across characters that can be pulled in an emergency. (Hit by a bus clause)
Chapter 7 - Full Disclosure of Risks
I am the biggest risk in this venture. Me running with your ISK.
It is not currently in my best interest to do that, as I can make more ISK long term by getting more investors than I can make short term running off with your ISK.
I have been borrowing ISK for most of my ventures since the start of this calendar year and have not shortchanged anyone to date. The value for me is in having your ISK available for me to capitalise on.
In the event i disappear whether through illness or injury, I have a plan in place for someone to gain access to my accounts and pay out investors by any means necessary.
Finally the actual business itself, while it is unlikely that any losses will be incurred station trading it is still possible. With a diverse portfolio hopefully most of those losses will be mitigated and overall profits can be maintained.
Chapter 8 - Full Disclosure of Main and Alts
Full API will be provided to people who are interested in investing.
While most of my characters are involved with a nullsec alliance and that alliance holds all of my APIs as well, this character will be remaining out of that alliance to provide some distance from the politics of nullsec.
Chapter 9 - Exit Strategy
If I feel I am burning out or we are coming to a point most investors wish to cash out, I will simply cancel buy orders and sell the remainder of stock on hand.
Chapter 10 - FAQ
Q: How do I know this isn’t a scam?
A: You don’t
Q: How do you know you’ll be successful?
A: Previous experience with this exact activity has yielded good returns, I do not expect any different this time.
Q: Why are you doing this?
A: To make myself and my investors a lot of isk, and to see how far i can go with station trading.
Q: Do you intend to have an audit done at some point?
A: If that is requested by an investor at some point then it can be arranged.
Q: What’s your background?
A: Trading, Ratting, PI, Industry, and I ran a buyback program once.
Q: Will you ever buy back shares?
A: I am requesting a minimum of 3 months invested after that period I will consider buying back shares.
Q: Will you ever pay over 10% dividends?
A: My projected dividends are based off half of the projected profits per month. To receive 10% then my total profit has to have been 20% for that month.
As my profit increases so too do the dividends
Current IPO position
Total shares issued - 200,000
Martin Hartl - 40,000
Namii Chikyuu - 10,000
Market Alt-Right - 3,000
Roland Razguhl - 75,000
Fazzy Star - 5,000
Kenda deLagrange - 20,000
Alex Calden - 20,000
Slug Stew - 2,000
Batuka - 20,000
Bank McBanks - 1,000
Smiley Cube - 4,000
PHASE TWO IS NOW FILLED
