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Topic: [HAVELOCK] [XBOND] - page 5. (Read 21733 times)

hero member
Activity: 518
Merit: 500
August 02, 2013, 03:26:08 PM
#69
Otherwise, I think most people find that I try to be both diplomatic and a purveyor of progress.

Still wondering what you meant by diplomatic...  Tongue

Are all future listings to be supported by this bond to be released on Havelock Investments? It seems you have had successful launches there recently (including this bond).

What I meant about diplomatic is that I do my best to be respectful while being respected, and I try to take people seriously when I'm not sure if they are serious. Being tactful on the internet ain't easy, and people like to make it even more difficult with trolling and dramatic overtures. Being diplomatic while trying to be progressive is even worse, being that many dislike or misunderstand change.

3. Any XBOND on any exchange can be exchanged toward Pre-IPO offerings on any exchange, so long as they are issued by TAT Investments.

See above, but generally an XBOND sold on any exchange is redeemable to any eligible IPO on any exchange. I'll post Pre-IPO details along with any IPO announcements. These details will include any schedules, specifications or limits (if any).
sr. member
Activity: 266
Merit: 250
Science!
August 02, 2013, 03:07:54 PM
#68
Otherwise, I think most people find that I try to be both diplomatic and a purveyor of progress.

Still wondering what you meant by diplomatic...  Tongue

Are all future listings to be supported by this bond to be released on Havelock Investments? It seems you have had successful launches there recently (including this bond).
vip
Activity: 812
Merit: 1000
13
August 02, 2013, 03:05:47 PM
#67
being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.

Don't you find the notion of price appreciation on a fixed face-value bond... non-intuitive?
hero member
Activity: 518
Merit: 500
August 02, 2013, 02:56:52 PM
#66
One thing I don't understand (because I am slow to understand these things) is why is something like this listed on an exchange? If the face-value is fixed, why would anyone buy or sell at a price that is not the face-value?

Several reasons:

1. Emergency liquidity - If you need to sell your bonds for whatever reason, there may be buyers on the market that can provide faster, "cheaper" liquidity at any given moment.
2. Speculation - it is entirely possible for this bond to trade above its face value, because it also provides intangible value with its access to Pre-IPO purchases.
3. Facilitation - The host exchange provides all of the tools needed to manage the bondholders and interacting with them.


being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.

It's a bond, not something you price-speculate on.

Sounds like you wanted to screw people, not me.

You said so yourself that it's something to price speculate on... (no offense, just saying) Smiley

Yes, but I'm talking about 1-4%, and not a "flash in the pan" 2x spike, but a supported value.
member
Activity: 110
Merit: 10
August 02, 2013, 02:51:26 PM
#65
One thing I don't understand (because I am slow to understand these things) is why is something like this listed on an exchange? If the face-value is fixed, why would anyone buy or sell at a price that is not the face-value?

Several reasons:

1. Emergency liquidity - If you need to sell your bonds for whatever reason, there may be buyers on the market that can provide faster, "cheaper" liquidity at any given moment.
2. Speculation - it is entirely possible for this bond to trade above its face value, because it also provides intangible value with its access to Pre-IPO purchases.
3. Facilitation - The host exchange provides all of the tools needed to manage the bondholders and interacting with them.


being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.

It's a bond, not something you price-speculate on.

Sounds like you wanted to screw people, not me.

You said so yourself that it's something to price speculate on... (no offense, just saying) Smiley
newbie
Activity: 10
Merit: 0
August 02, 2013, 02:43:36 PM
#64
Is the last tranch you posted that's 500k/500k the final one?
Based on the number of outstanding shares, there is one mostly sold tranche, another one posted that hasn't quite started selling yet, and there will be one more after that.
sr. member
Activity: 274
Merit: 250
August 02, 2013, 02:35:45 PM
#63
being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.

It's a bond, not something you price-speculate on.

Sounds like you wanted to screw people, not me.

Yeah, read the fine print, the point of these bonds is to ensure you're in on time to screw people on *future* IPOs, not *this* one. Sheesh.
member
Activity: 110
Merit: 10
August 02, 2013, 02:35:04 PM
#62
Is the last tranch you posted that's 500k/500k the final one?
legendary
Activity: 1133
Merit: 1050
August 02, 2013, 01:50:36 PM
#61
being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.
TAT laid out all the details ahead of time. Plenty of time for everyone to understand what this offering was. A Bond, or loan, at a fixed price and with daily dividends, or interest rate. Understand what you are investing in. It doesn't matter share/person limit or how fast you get in on the IPO. The price is fixed unless YOU want to sell it for less than you bought it for.
hero member
Activity: 518
Merit: 500
August 02, 2013, 01:25:58 PM
#60
being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.

It's a bond, not something you price-speculate on.

Sounds like you wanted to screw people, not me.
sr. member
Activity: 392
Merit: 250
August 02, 2013, 01:23:57 PM
#59
being in the ipo makes no difference if you are just going to sell the remaining units at the same price and with no time for scarcity related price appreciation.
full member
Activity: 165
Merit: 100
August 02, 2013, 01:21:12 PM
#58
People need to learn to read. The overview was clear as to what was going to happen.
hero member
Activity: 518
Merit: 500
August 02, 2013, 01:15:23 PM
#57
you could of planned it over a timespan instead of screwing over the early investors.

Who got screwed? How?
sr. member
Activity: 392
Merit: 250
August 02, 2013, 01:14:49 PM
#56
you could of planned it over a timespan instead of screwing over the early investors.
hero member
Activity: 518
Merit: 500
August 02, 2013, 12:56:41 PM
#55
There are 4 tranches of 500,000 ea on offer.

The 2nd tranche was delayed due to me losing all power/web.

I'm operating from my car at the moment!

That's dedication right there!

I didn't realize that the tranches were going to be released so close together I guess.  I'm still somewhat new to this though.

In this case, when one lot sells, a new one is added as necessary, until 2,000,000 bonds are sold.
member
Activity: 69
Merit: 10
August 02, 2013, 12:44:19 PM
#54
There are 4 tranches of 500,000 ea on offer.

The 2nd tranche was delayed due to me losing all power/web.

I'm operating from my car at the moment!

That's dedication right there!

I didn't realize that the tranches were going to be released so close together I guess.  I'm still somewhat new to this though.
hero member
Activity: 602
Merit: 500
Your *what* is itchy?
August 02, 2013, 12:39:09 PM
#53
i think maybe there's a lot of trading between accounts going on, using ridiculously low unit prices...
member
Activity: 112
Merit: 10
August 02, 2013, 12:38:18 PM
#52
A moment of silence for the guy who just sold ~2500 shares at 1/10 of the IPO price.
damn...
member
Activity: 69
Merit: 10
August 02, 2013, 12:36:33 PM
#51
A moment of silence for the guy who just sold ~2500 shares at 1/10 of the IPO price.
full member
Activity: 165
Merit: 100
August 02, 2013, 12:35:38 PM
#50
People can't count decimal places....
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