[Finance]Report & Updates
Rebelash
Hey guys I am back with Finance report and updates.....Nothing flashy just plain simple and to the point.
So this is Where we stand as of now :
We have total monetary assets of just a little over 5 million INR and 876 golds...... But do we actually have that much????Can we actually make it till the end of year with this much ???
I will Explain it all later in the article.
INR loans
We used to give Loans to people so that they could earn more and go strong but since ppl have stopped returning the loans the loan program had to be scrapped..... One person pays bcoz of other right 😛
As u can see we have many loans that have defaulted..... I would ask the defaulters to pay the Loan back asap.
Gold Loans
Oh i hate this..... so many ppl defaulting....🙁
422.44 gold Deafulted WHAT THE HELL GUYS?????ALL OF THESE GUYS ARE DEFAULTERS...!!! 🙁
Expenses
We are right now dispatching an average or 670 q6 tanks daily and 3.5k q5 food....
At current black market rates of 17 cc per q6 wep and 1.4 cc per q5 food it costs 11390 cc for weapons and 4900 cc for food.
So a total of 16290 cc everyday.....Very High dont u think ????
OR A GRAND TOTAL OF ABOUT 500k CC MONTHLY ..... SERIOUSLY.
Earnings
We earn on an average 1200 cc daily.....yeah a meager 1200 cc ..... though yesterday we earned about 2200 cc
So even if i take an avg of 1500 cc daily we earn 45k CC monthly......pretty low huh...🙁
So we earn jusr 45k cc monthly and spend 500k cc(just on dispatch) and then we also have abt 20 MPP's Monthl which cost us another 200k cc..... so we are in a monthly deficit of 655k cc .... and we dont have more than 4.6 or 4.7 million CC ....... I THINK U CAN ALL DO THE MATH RIGHT ???
ADD on top of that the country's assests that ppl are willing to give back which amount to 422.44 golds and 485k cc.....
U CAN ALL SEE WHERE WE ARE HEADED TO ...... 😉
signing off
Rebelash
Comments
One of the defaulters is the CP herself... lol.
Anyway, good to see return of reports.
OMG ! If people repaid..you could manage that really well !
hmm...
nice article
Yes I am an defaulter. And I am sorry and embarrassed about it.
I honestly regret, more so that i never even tried to partially return it. The reason was always to build more assets, upgrade the factory or train. I could have returned now, maybe, but then i have over 60k INR loaned out to various active young players who I am sure will grow up sooner due to my small contribution. This is in no way an excuse for not paying, but a mere effort to justify.
I apologize once again for defaulting, and in no ways support or encourage what I am doing.
I am sorry eIndia.
BTW forgot to add the govt owes me 30 golds....😛
Wow eCP is the defaulter and now giving excuses. Suck up Asmitha and dissolve your companies and pay up right now (today). It's shameful.that you were in default for more than 4 months. Do the right thing now instead of giving excuses. Otherwise you have no right to ask other defaulters.
Voted and good start
@ rebelash sorry i couldnt help you much with the report.
lol...
what a joke..
Guys I think there is a need for clarification abt asmita's laon defaulting .............
She was ready to pay it and had the money , but another upgrade offer came....that of Q3 TC i think.....
She was still insisting to repay the loan But i made her upgrade the TC with that amount of gold......I must have forgot to update the due date.........
Dont blame her here........
BTW IF U GUYS DONT KNOW SHE HAS GIVEN OUT MORE THAN 60k CC TO NEWBIES ON DIFFERENT OCCASIONS.....DONT TRUST ME THEN ASK XORDIN AND GOUTHAM..............
SHES HELPING NEWBIES WITH PERSONAL MONEY........MAYBE SOME PPL NEED TO LEARN SOMETHINGS FROM HER.....WHAT SAY ???
@ Ultimatewinner ITS FUKING GOVT MONEY AND AS HEAD OF FINANCE I HAVE EVERY FCKING RIGHT TO ASK IT BACK.....EVEN FROM ASMITA.....SO DONT TELL ME WHAT I SHUD DO
cool down ultimatewinner....and rebelash too....!!!
o.O Cool guys !
I agree with the fact that asmita has done a lot for the newbies & the govt. but i still do feel that somewhere down the line she can atleast start paying back the loan bit by bit whatever the amount maybe but she should start paying it back.
It has been a long time since she took the loan so maybe a small amount.
hmmmm.....guys u have every right to critisize....
and if i didnt own up to the truth and apologized, wud i have been more guilty or less?
anyways, if we do get back 450g, what will happen my oh-so-worried eIndian? 450k INR mor eint he treasury.
are u guys here to critisize or find a solution.
DO YOU ACTUALLY SEE WHERE WE ARE GOING??
45K income and and 650k expense??? thats at best 10 months worth expenses. then?? Then what oh-so-worried eIndians??
What happens then???
Rebelash has to be commended on bringing the true accounts in the open (even including the CP's name).this talks about his integrity. may be you could add another entry to include people's contribution towards free food and weapons program as well. it's time the concept of 'Free Lunch' is revisited.
if i may suggest,better bring out a policy for upgrades, free food and weapons. those who take loan contributes back to the pool (in gold, rupees, food or weapons at market rate).
@ asmita, it takes real guts to apologies in public forum...is it possible for you to provide an account of your contribution towards free food & weapon, inr loans to ecitizens, etc.
If you have contributed towards improvement programs (food, weapons and loans) sufficiently, this becomes an accountable transaction against the gold loans...i suppose you are accountable to that extent
I honestly like what citizenneel is saying...... Check out my next article tomorrow...there are gonna be some questions and answers....
Rebelash - Please start reading properly then scr**wing yourself. Yes, it is your f**king business & duty to ask for returning loans including to eCP. Did I ever ask you that it is not your f**king business. That message was for eCP who is still giving excuses and more excuses.
Loan default is not at all related to helping newbies. Then dont call it loan and call it donation and stop asking for returning it.
I agree with Ultimatewinner on the point that loan default cant be related to helping newbies.
@asmita since the finances are in a mess every bit counts. 450g may not be much but atleast it will last us one extra month.Atleast some more time to find the solution Just because it may not make a big difference in the future we just cant ignore it and forget the loans given out.
also you guys are forgetting that the loan that is repaid back to the govt. is actually used to finance upgrades for other newbies. Since the previous loan defaulters are not paying back the new ones are not getting any loan.
Also I feel that personal loan & govt loans are different just bcoz you are helping the newbies doesnt means that you are not going to pay back the govt. loan.
@citizenneel:
Thanks for your kind words.
I will not publish any names out here. The ppl i have helped all active and doing pretty well. I feel putting their names out in public will in a way demean them.
@Ultimatewinner:
Really??!!!? How many donations have you made to the tune of 15k INR? I would love to know that?
Asmitatheone:
You still haven't answered when are you going to repay Loan? Other than that "I apologize once again for defaulting". Anybody could come up that excuse.
@Ultimate : " Do the right thing now instead of giving excuses. Otherwise you have no right to ask other defaulters."
I dont think anywhere i have seen the CP asking for the defaulters to give back the money before your comment was made........... It is I who asked....... maybe u shud get your eyesight checked...just a suggestion.....😉
And i agree with Gaurav12 too ...... personal and govt loans are separate ....... if i thought otherwise i may have not included her name but thats not the case.....
@everyone the CP loan stands clear and hence I hope we wont discuss it any more. Lets discuss other important issues.
I'm going to go and dissolve companies now. x(
Frankly, donating to newbies is a noble cause. But that's totally irresponsible, considering the govt's money woes. It is also a personal initiative - she did not do it in the name of the govt. Feel free to brush this under the carpet, but some ppl will be dissatisfied at what appears to be favouritism.
@Alector favouritism......PLS do explain....
Guys!! Thanks to my good frnds I have managed to clear all the govt Gold Debts.
I am sure the same will be noticed int he next financial reports. Thank u.
I would love to see the same ardent enthusiasm for the solution to the other problems we are facing.
thank u
lol @ defectors trying to prove their loyalty & honesty to India...
Great Job Rebelash! This is the best & the most honest financial report published in India that I have ever seen!
start loans again.
jai hind
At last you did the right thing eCP.
Regarding your other comments - they are useless.
@Rebel - Thanks for your suggestion and I guess you need to check your head.