Crypto Kingdom - 1991 Retro Virtual World(City) - page 114.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: smooth on December 10, 2015, 04:44:18 AM

Quote from: smooth on December 08, 2015, 03:25:32 AM

Smooth QC secondary stock offering

Quote

Assets
100m M
3-W-C3 - Office Building, Rentals - 800 sqm lot, 744 sqm Office, 330 sqm Backyard Residential - (maybe 300m)
1 MIR (2-4m, according to HM)
325 SCI (bid 170k = 55.25m)
18 W1603A (bid 251k = 4.5m)
180 CUL (30m+, according to HM)
1 RM1600B (bid 100k)
Total = 492m

Liabilities and Equity
500 common shares outstanding

Book value = 984k/share

I've updated the financials a bit with some better estimates of asset values show above, resulting in a book value estimate of 0.984m/share. The current auction bids are still just 0.5m/share so this seems like a very attractive deal, independent of the new brewery opportunities.

Current bids (to bid or see real time bids, visit Agora Marketplace in-game)

300x880k noms
50x875k Zecheriah
100x851k Crichton
100x850k Soul
10x801k Roopatra
100x800k Zechariah
27x753k Cryptonic
150x752k Crichton
150x751k smooth
100x750k Soul
27x706k Cryptonic
150x705k smooth
35x701k Mooo
20x701k Roopatra
85x700.5k goin2mars
25x700k MoneroHouse
------ Winning bids above this line
125x700k MoneroHouse
100x700k SIF
100x650k Soul
14x602k Cryptonic
27x601k Cryptonic
100x600k SIF
100x550k luigi
50x525k kronicblazer
12x521k Cryptonic
20x511k Roopatra
20x508k Cryptonic
20x502k Skysy
500x500k noms
5x500k Angus

Total bids: 2622 shares

Result if auction ended: 1429 shares sold at 700k, raising 1000.3m

This will be the last forum update before the bidding closes at 21:00:00 UTC, approximately 12 hours from now. Real time bidding is visible in-game.

Operations will commence immediately upon closing of the auction, as we have already agreed to purchase a suitable facility.

As there will be no shortage of working capital, our initial dividend policy will be to distribute all operating profit from the sale of the beer. This may be revised as conditions dictate.

Bidding will remain open until 2015-12-12, 21:00:00 UTC

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: ArticMine on December 11, 2015, 06:18:25 PM

Thank you. I am in and figured out how most of the commands work. As for the health challenge my character is maxed out for eating and drinking already.

Maybe it's your health manager who was helping.

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

Quote from: saddambitcoin on December 11, 2015, 08:27:30 AM

Quote from: ArticMine on December 10, 2015, 11:06:59 PM

How do I go about gaining online access to my character to either recover my character or probate my character's estate as the case may be.

Thanks

SirJacket should be able to send you the credentials.

I sent you 100 CAN (green herbs), they should come in handy if you wish to use them for the yearly health challenge.

Just enter "CONSUME CAN 100" in the Agora Marketplace command line. Grin

Thank you. I am in and figured out how most of the commands work. As for the health challenge my character is maxed out for eating and drinking already.

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Saddam is having a Wine Sale!
Prices slashed for the holidays!

W1601B:
sale price: 100,000m
grading: 15/20
remarks: The Order of Benedict masterpiece, already declining.

W1600:
sale price starts at: 90,000m
grading: 16.5/20
remarks: Rapidly declining, being 10 years over peak now

W1609:
sale price starts at 40,000m
grading: 13/20
remarks: Already declining

saddambitcoin

legendary

Activity: 1610

Merit: 1004

Quote from: ArticMine on December 10, 2015, 11:06:59 PM

How do I go about gaining online access to my character to either recover my character or probate my character's estate as the case may be.

Thanks

SirJacket should be able to send you the credentials.

I sent you 100 CAN (green herbs), they should come in handy if you wish to use them for the yearly health challenge.

Just enter "CONSUME CAN 100" in the Agora Marketplace command line. Grin

ArticMine

legendary

Activity: 2282

Merit: 1050

Monero Core Team

How do I go about gaining online access to my character to either recover my character or probate my character's estate as the case may be.

Thanks

Syksy

full member

Activity: 260

Merit: 105

A Lingering Ghost

Dear all, I'm pleased to announce that the Grizzly Bear Brewery has successfully launched, as many of you have already noticed. I wanted to give the King's 250th anniversary room and the tax issue more attention before posting such meager, secondary announcements concerning the kingdom. Personally I am happy how things launched, and am grateful to everybody who had trust in me/us and invested or helped in other ways (such as Noms who kindly sold a very suitable brewery lot with a very modest price, Crichton who secured us with a S-BB, and of course all the share pledgers who all claimed what they pledged).

The paid dividends per share was 250k in year 1617. Notice that since our share was noted at 10mil (only ~2/3 of a CON) yet with 2.5-fold yield in comparison to a CON, I would consider our first year a success. I will do my best to keep this up in the coming years as well.

Our current assets at https://www.cryptokingdom.me/player/playerItems/146
- Brewery license
- Brewery lot (1200sqm, located at 3-S-H4 ; Southern University)
- over 225mil in liquid moneritos
so we're good to go with the estimated future construction costs of 200mil as well as estimated 20mil in worker costs (taken from Zecharias' estimates). Other expenses include taxation and such, so I wanted to have a little buffer before paying this neat round 250k per share.

Hope everybody's enjoying their Grizzly Bear Beers and dividends! Looking forward to improving us in the coming years.

noms

full member

Activity: 220

Merit: 100

The church is selling houses for the poor for 6 mil on a 1q spot in 4-NW. Please, only buy if you are a non-noble character, and limit it to 1-2 houses.

https://www.irccloud.com/pastebin/HbZJuuh6/

You can purchase these by typing the following in any command window in-game:

buy 4-NW-XX 1 6000000

-The Church

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: smooth on December 08, 2015, 03:25:32 AM

Smooth QC secondary stock offering

Quote

Assets
100m M
3-W-C3 - Office Building, Rentals - 800 sqm lot, 744 sqm Office, 330 sqm Backyard Residential - (maybe 300m)
1 MIR (2-4m, according to HM)
325 SCI (bid 170k = 55.25m)
18 W1603A (bid 251k = 4.5m)
180 CUL (30m+, according to HM)
1 RM1600B (bid 100k)
Total = 492m

Liabilities and Equity
500 common shares outstanding

Book value = 984k/share

I've updated the financials a bit with some better estimates of asset values show above, resulting in a book value estimate of 0.984m/share. The current auction bids are still just 0.5m/share so this seems like a very attractive deal, independent of the new brewery opportunities.

Jason.W

jr. member

Activity: 50

Merit: 5

Code:

health start: You may still eat 200 units, drink 200 units and use 200 units of wisdom this year. Your remaining health challenge is Severe. Your overall health is Decent

100 meat: The eating/drinking felt Powerful. I feel the remaining health challenge to be Severe. I could still eat 100, drink 200 and use 200 units of wisdom this year. 0.475M.

100 beer: The eating/drinking felt Effective. I feel the remaining health challenge to be Severe. I could still eat 100, drink 100 and use 200 units of wisdom this year. 0.5M.

100 can: The eating/drinking felt Effective. I feel the remaining health challenge to be Severe. I could still eat 100, drink 100 and use 100 units of wisdom this year. 0.575M.

50 shi: The eating/drinking felt Effective. I feel the remaining health challenge to be Severe. I could still eat 100, drink 100 and use 50 units of wisdom this year. 1.5M.

1 veg: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Severe. I could still eat 99, drink 100 and use 50 units of wisdom this year. n/a.

1 mead: The eating/drinking felt Useful. I feel the remaining health challenge to be Severe. I could still eat 99, drink 99 and use 50 units of wisdom this year. n/a.

1 cig: The eating/drinking felt Useful. I feel the remaining health challenge to be Severe. I could still eat 99, drink 99 and use 49 units of wisdom this year. 55km.

1 mus: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Severe. I could still eat 99, drink 99 and use 48 units of wisdom this year. .4m.

1 clxii: The eating/drinking felt Effective. I feel the remaining health challenge to be Significant. I could still eat 99, drink 98 and use 48 units of wisdom this year. 3.3m.

4 foie: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Significant. I could still eat 95, drink 98 and use 48 units of wisdom this year. .3m.

10 w1614: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Significant. I could still eat 95, drink 88 and use 48 units of wisdom this year. 1.39m.

2 abs: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Significant. I could still eat 95, drink 86 and use 48 units of wisdom this year. 1m.

4 w1600: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Moderate. I could still eat 95, drink 82 and use 48 units of wisdom this year..6m.

2 w1600m: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Moderate. I could still eat 95, drink 80 and use 48 units of wisdom this year. .6m.

1 w1603a: The eating/drinking felt Satisfying. I feel the remaining health challenge to be Moderate. I could still eat 95, drink 79 and use 48 units of wisdom this year. .4m.

health end day 1: You may still eat 95 units, drink 79 units and use 48 units of wisdom this year. Your remaining health challenge is Moderate. Your overall health is Decent

50 veg: The eating/drinking felt Effective. I feel the remaining health challenge to be Insignificant. I could still eat 45, drink 79 and use 48 units of wisdom this year. .1m

income: 1M, 18 foie. -110 veg. 2 w1600m (TY YM). +~2.73M

costs: ~11.2M.

net: -8.47M (USD 3.79)

Income as % of cost: ~25% covered.

Cost to have income: ~282M.

Time to spend cost to have income with no income: 25 years (weeks)

Challenge: Severe --> insignificant.

Seems like meat, veg, and beer are the staples. The clxii seems to have been the most effective food eaten this year. Spent a bit too much this year, going to work on getting it back down next year

.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: noms on December 09, 2015, 05:11:21 AM

If you are interested, send the funds to noms in-game, note which property or properties you wish to buy, and I will use the "GIVE" command so that it can be transferred into your ownership.

If the lots have fixed prices, it is also possible to list them for sale with command:
"SELL lot_id 1 price"

They are listed only in the graphic view but can nevertheless be bought with the command if you know what is for sale:
"BUY lot_id 1 price".

Wizard Developer P.J.

jr. member

Activity: 36

Merit: 0

Quote from: noms on December 09, 2015, 04:56:52 AM

CK is down?

Fatal error: Class 'Slim\Slim' not found in /var/www/html/releases/20151209094022/app/bootstrap/start.php on line 19

There was error with some of the external resources our game use. It happened during upload process, but it is fixed now.

Sorry for inconvenience..

noms

full member

Activity: 220

Merit: 100

Quote from: noms on December 08, 2015, 07:24:59 PM

There are a number of properties in the newly created Borough 9 that are up and available for purchase. This is your chance to pick up some developed land at wholesale prices (inb4 the masses). These are selling at a firesale price of only 7mil per q! Now is a great time to grab these while they are still available, and before building is reenabled. Once that happens, I have a feeling land will go quickly, especially that with creative/aesthetically-pleasing zoning.

Here are the lots for sale, the cheapest going for 7mil!

If you are interested, send the funds to noms (user #94) in-game, note which property or properties you wish to buy, and I will use the "GIVE" command so that it can be transferred into your ownership.

Good day all! The following lots have been sold. Only 2/3rd of the lots remain for sale.

9-NW-B6
9-NW-B7
9-NW-B8
9-NW-B9
9-NW-B10
9-NW-B11
9-NW-C3
9-NW-C4

noms

full member

Activity: 220

Merit: 100

CK is down?

Fatal error: Class 'Slim\Slim' not found in /var/www/html/releases/20151209094022/app/bootstrap/start.php on line 19

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: generalizethis on December 07, 2015, 07:21:08 AM

Sonnet in Honor of His Majesty's Birthday

two hundred fifty years our king has reigned
(two hundred sixteen if you need a crown)
and he has forged this land of imagination
with us, the weary travelers, who found
in this new land without borders or states
a home of worth because it is chosen
and is not born on us as petty fate
nor binds a man to horrid wars which send
his sons to early graves while his lords talk
about honor and duty (economies
of words that sell and buy men in bulk)
as if our lives were their monopolies
so let them note a game is rightful heir
to new worlds where imaginations dare

1 units of CLXII given to Crichton 130.

noms

full member

Activity: 220

Merit: 100

There are a number of properties in the newly created Borough 9 that are up and available for purchase. This is your chance to pick up some developed land at wholesale prices (inb4 the masses). These are selling at a firesale price of only 7mil per q! Now is a great time to grab these while they are still available, and before building is reenabled. Once that happens, I have a feeling land will go quickly, especially that with creative/aesthetically-pleasing zoning.

Here are the lots for sale, the cheapest going for 7mil!

If you are interested, send the funds to noms (user #94) in-game, note which property or properties you wish to buy, and I will use the "GIVE" command so that it can be transferred into your ownership.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: generalizethis on December 08, 2015, 04:19:24 PM

Quote from: smooth on December 08, 2015, 03:25:32 AM

Your bid consists of a number of shares and a price per share. The bids will be ranked by share price. The highest bidders will all pay the same winning price totaling 1000m

Crichton bids 140 shares @ 720,000

Bid in game please. Agora marketplace item S-SQC

EDIT:

Current bids (see in-game for latest)
540,000 2 Cryptonic
530,000 50 goin2mars
521,000 12 Cryptonic
520,000 200 Crichton
510,000 50 goin2mars
500,000 500 noms
500,000 100 luigi

Current results (if auction ended)
914 shares sold at 500k for a total of 457m raised (14 Cryptonic, 100 going2mars, 200 Crichton, 500 noms, 100 luigi).

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: smooth on December 08, 2015, 03:25:32 AM

Your bid consists of a number of shares and a price per share. The bids will be ranked by share price. The highest bidders will all pay the same winning price totaling 1000m

Crichton bids 140 shares @ 720,000

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: noms on December 08, 2015, 04:35:45 AM

Quote from: smooth on December 08, 2015, 03:25:32 AM

Smooth QC secondary stock offering

Smooth QC (which will likely be renamed, database permitting) is selling stock to raise 1000m M in order to open and operate a brewery

The brewery license will be purchased from smooth at cost which was 360m M.

The remainder of the funds will be used to build and operate the brewery, and other corporate purposes as deemed appropriate.

The current financial position of Smooth QC is as follows:

Quote

Assets
100m M
3-W-C3 - Office Building, Rentals (800 sqm lot, 744 sqm Office, 330 sqm Backyard Residential)
1 MIR (no bid)
325 SCI (bid 170k)
18 W1603A (bid 251k)
180 CUL (no bid)
1 RM1600B (bid 100k)

Liabilities and Equity
500 common shares outstanding

Current stockholders:
100 SIF
306 smooth
50 OZ
25 kronicblazer
10 binaryFate
9 Hokusai

Your bid consists of a number of shares and a price per share. The bids will be ranked by share price. The highest bidders will all pay the same winning price totaling 1000m

I vote to move this to the agora marketplace, where we can still have an auction, but it's all handled by the system and we don't have to sort through forum posts:

https://cryptokingdom.me/marketplace/item/S-SQC

I have put 500 shares @0.5mil per there so far.

That is okay as a place to collect bids. I won't be selling shares via that market mechanism (unless there is a structured auction command of which I'm unaware) because I the entire lot will be sold at once.

We can use the in-game bid book for bidding though.

Summary: If you want some of the secondary offering shares, place a bid in-game on S-SQC. Everyone winning will still pay the lowest winning price, once the auction is over

(The current bids are well below book value, I think)

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: generalizethis on December 08, 2015, 08:42:35 AM

Quote from: smooth on December 08, 2015, 03:25:32 AM

Smooth QC secondary stock offering

Smooth QC (which will likely be renamed, database permitting) is selling stock to raise 1000m M in order to open and operate a brewery

The brewery license will be purchased from smooth at cost which was 360m M.

The remainder of the funds will be used to build and operate the brewery, and other corporate purposes as deemed appropriate.

The current financial position of Smooth QC is as follows:

Quote

Assets
100m M
3-W-C3 - Office Building, Rentals (800 sqm lot, 744 sqm Office, 330 sqm Backyard Residential)
1 MIR (no bid)
325 SCI (bid 170k)
18 W1603A (bid 251k)
180 CUL (no bid)
1 RM1600B (bid 100k)

Liabilities and Equity
500 common shares outstanding

Current stockholders:
100 SIF
306 smooth
50 OZ
25 kronicblazer
10 binaryFate
9 Hokusai

Your bid consists of a number of shares and a price per share. The bids will be ranked by share price. The highest bidders will all pay the same winning price totaling 1000m

How many shares total and when does the auction end? *What percentage of profits are paid in dividends (from quarry, from brewery)?

The number of shares will be determined by the price, such that the total share sale sale will be 1000 mil. I don't know the an estimated value of the above assets, especially 3-W-C3. If we estimate the entire thing (including 100 mil in cash) to be worth 700 mil then a book-value share price would be 1.2, meaning new 833 shares sold. My 60.3% interest would be diluted to a still-substantial but not majority interest of about 45%. If you don't think that's an accurate valuation (and I really have no idea) then adjust accordingly.

Dividend policies will be determined by available opportunities to reinvest profits. There are no quarry activities at the moment, and if profits are not reinvested in quarry or something else, then the initial plan would be 100% of brewery profits to be distributed.

Topic: Crypto Kingdom - 1991 Retro Virtual World(City) - page 114. (Read 632701 times)