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ERX revisited.

Great initiative and a great service to the people of Canada as provided by the MoF.

Timm is an excellent fund manager and I put my full faith in his project.

"as provided by the MoF." ?????? Government money backstops this venture? Government involved in some way?

I'd like those comments clarified as well.

Timm is a member of the MoF using an MoF org to conduct his project. Of course, it is your choice to take part in the project.

So this is a personal project using a government org that really only benefits the individual using the org, but has received "government approval". That's a huge conflict of interest and an abuse of the MoF position.

Any profit, beyond what the average player can make in their own account will come from gold trading. This isn't a secret strategy or formula. If everyone player in the game had access to an org, they could make money from gold trading as well. It's a special kind of greed to then want to use other peoples money to make you and your friends more wealthy and then brush off the crumbs from your table at 2%.

Thankfully the majority of players in eCanada see you for the con artists you are and only the exceptionally foolish will be parted with their hard earned money.

I literally don't have time for your made up propaganda.

Unlike you and many others who b*tch and complain at a moment's notice, Timm is trying to come up with a plan to benefit players of his own accord and time. He is taking out time from his day to bring a service to the people of Canada.

Lmao, at 2% return you two are only looking to help yourself.

Timmy doesn't appear to be able to grow anything but hot air. The org he controls hasn't had a single dollar of growth beyond the $100,000 it started with, which better not be eCanada funds. Of course he wants other people's money. That's the only way he can make a "profit". Con some poor suckers of of their money.

I think it would be a wise move for you and your friend to go an hide under the rock you crawled from and say very little. We don't take kindly to people stealing around here.

Fox: are you talking about the Canadian Victory Bond org? I think that money belongs to Goran Thrax and the Captains of Industry but I might be mistaken. I haven't the foggiest which org Tim has control of but would like to know.

Foxfire literally has no idea what he is talking about.

Yes oliver, that org is reserved for CoI with ownership under klop.

ALSO

I am looking for brokers (anyone interested in sales and processing transactions) you will be paid commissions and is a great way to get involved!

Requirements:
Must have at least 10,000cc
Must have at least 200 friends
Must know people have 50,000 cc+++

Month 2 - 300k turned into 106k
Month 3 - 500k turned into 110k

___________________

Pretty big losses there !!! I assume these are just made up numbers combined with typing mistake.

Kindly advise about liquidity.... presumably there isn't any company ...all the money actually just goes to you and you sort of "set it aside" in some "bookeeping" sort of way. So.... how do I cash out?

I also do some computer programming and have formulated equations to predict a 1,3,7,14,30 day forecast (these results are not always accurate and are based on sets of historical trends and events)

Thank you @olivermellors, I fixed that up! no WAY i would lose that much, no the numbers are not made up, I have a track record and ppl that have followed my purchases..

All the money will be held in an org, I will only be holding assets because orgs can hold up to 1000 items and I can hold 300k+++

In order to cash out people will be purchasing your stock off you, so if there is a demand for the stocks you can sell at a higher price and if there is less demand than supply than you can sell your stock at a dollar cheaper than the asking price.

I am currently recruiting a team of brokers to keep this active, for the time being I am just selling stocks at a standard price

Looks like a fun project full of both potential and peril. It'll be interesting to read about its progress.

Until you mentioned that the stock had to be sold to another person, I was wondering why you simply didn't run a Guaranteed Investment Certificate (GIC), which was a popular banking option back in the days if high interest rates. Basically, you lock in your money for set term (perhaps a set total, like your 10k requirement) and are guaranteed a % return at the end of the 3 months/6 months/1 year/and so on.

Since you're looking at 2% growth anyhow, that's not far off from what a GIC might offer. Plus, you apparently have government backing, so it would be pretty easy to guarantee that set 2% return for investors, as well. And if you made a higher profit on the money you borrowed from other players, you would reap the rewards of your hard work.

Another route you could have taken was to give out dividends on a stock that's paid out according to profits...but you didn't go that route either, which is interesting.

Instead, you've based your model on supply vs. demand stock trading. Basically, investors will make money on how much demand there is for your stock after they buy them...yet the general increase in value of the company itself is 2%. So are people wagering that the stocks will go up faster than 2%?

If investors can't cash out or earn a set % in interest, or receive dividends, they're really not relying on you to make profit for them. Seems more like a game of hot potato...which admittedly would still be fun to take part in, and this is a game.

Ok,

I could very well set guaranteed returns, but then the desire for it will not be as exciting as being a part of the market movement, I am currently developing a forum that can show and tell you everything I do and how it is done. By having people affiliate themselves with the risk there will be a lot more excitement and attention to the markets and what is happening. This will overall teach Canada and leaders how to finance themselves and their country.

the 2% is based on having smaller quantities of cash on hand, as more money is within Kruz LTD it will be much easier to manipulate the market. and, Yes by offering a 2% return and profiting more I can reap the rewards, but it will not benefit Canada or any investors within my organization. I offer much more than just the ROI if you join!

I have considered dividends and I still am considering it, I also just might send some bonuses to my loyal investors, to make them have the desire to hold their shares, making it a lot more valuable than the prices on them. For buys and sells of stocks I will have a team of brokers that constantly try to sell, building and creating a demand and giving them a 1% commission on sales (once again circulating money in the biz). This will help keep up the demand and hold the value of the stocks!

There are also of course times where profits accelerate well above 2% (ex/ MED group posted an offer at 185 rather than 285, I forecast for a lot of major war events by buying WQ7 at 7.00 (2 weeks before the event) and wholesaling at ~7.45-7.50 through private distribution with over 10,000 units)

Kruz LTD is a market affiliated with risks but also interested in finding the best returns, I have been very active in making actual transactions and trade agreements in the last 4 months, and have followed the markets for over a year (a chunk of that has been speculations). I also have access to sell in Poland with the lowest taxes and fastest source of legitimate liquidation.

I was actually thinking about that, too.

You could run this as a sort of fund rather than as a company. I guess that's something along the lines of a dividend model. Or you could have everyone lock in for a period of time - 3 months, maybe - and simply divide whatever profit there is at that point between all investors based on their share of the capital invested. If you're successful, no doubt people would sign up again.

Like this current proposal, you wouldn't necessarily have to run it for a profit, although I doubt anyone would object if you took 1% of earnings.

Anyways, I think if people knew they would be getting their money back rather than relying on having to sell their shares at a later date to someone else, they'd be more likely to invest.

Don't take this personal, but...
http://wiki.erepublik.com/index.php/ERX
This was actually hooked into eRep's API and operated in association with the main program. Similar to how the "Gold & Extras" puts things you buy into the game, ERX took gold in and out of the game so you could invest into 'actual' companies ran by eRep citizens. I thought it was great and added much to the game.

Problem was that AidenAstrup was running a ponzi scheme and dashed off with the gold at the correct time. Admin did nothing to return the stolen gold but did quickly implement all the security codes you have to enter to do anything like change your profile or sell a company. They also instituted the 10 gold/day limit to keep people from moving large quantity's of gold. It is purported that Aiden sold huge amounts of gold for RL cash.

I was hoping someone else would mention this after my "hint" in above comment. I don't think Timm is a thief. However I have no intention of investing in anything like this because it has repeatedly been proven that there is just not enough profit in eRep to invest expecting a gain. Much better to just plow your money into a RM farm. (Over 4 years ago there was a good amount of profit in eRep but we were all big corporate bosses and were too busy to invest on our own so we took a chance on ERX and were burned.)

Timm is definitely not running a ponzi scheme because that would involve taking money he receives from new investors and paying it to old investors as dividends or profits on the initial investment.

It doesn't look like Timm is paying out any money so his method falls outside that label.

I am just posting an overview of the "investment" plans that people have in eRep. I'm not accusing Timm of anything and did not accuse him of a ponzi scheme. But if you want to play out the scenario, you say that Timm is only taking in money and not paying out any, that is just good ol' fashioned embezzlement.

Again, I'm not saying anything is dishonest here. Just want everyone to be aware.

I didn't really think you were saying that either. But I thought some might mistakenly label it that way. Perhaps 'penny stock' is more accurate.

The main thing is that people understand the terms of the agreement before joining. It's easy to see the work 'stock' and assume it operates the same as a real life stock market.

Not to knock the Canucks, but eCanada may be a tough nut to crack when it comes to launching a project that involves a large amount of trust.

I took a look at ERX after the easy profits were already made. An old Canadian Taiwan Panda made off like a bandit. By the time I took a look I could see that the opportunity for profit was too small and the risk too great. Plus I'd never been all that rich, anyways, so I had little to invest.

This scheme looks a little different, though, as the investment isn't in companies. Yes, RM companies will earn you money over the long, long run but the actual returns are insanely small and require, well, work.

This seems more like a commodity mutual fund - pooled money used to buy money or gold and weapons and the occasional other speculating that the price will go up. There are no guarantees but if run well - and I strongly suspect it would/will be - decent money could be made.

Your observations are correct, two completely situations. Timm's plan is more like a futures market. I'm not saying that it won't work either. Just my opinion is that if you're serious about steady income it may be best to build a RM farm. But what the hey, anything that makes this game interesting and fun is what people should do. (Pickle's rule #2.)

no I am issuing shares and trying to be that company that has a small (but still) influence in the markets and its prices, I am sure opening companies may be a better solution but I would go about that differently... I have databases that show me trends and manipulations in the marketplace and monetary market. I am interested in playing in this and developing software that can automatically formulate answers for me. I have personally put in 500k so nvm investors money, I am just trying to do friends and followers a favor by doing it in their favor and their assets...

Sounds like a good way to sharpen your programming skills and learn a little about how things interact. Have fun.

The problem here is just what Azarius and Dill point out: the investor doesn't participate in profit or growth. Whether the company grows 20 or 2 percent doesn't matter in the least.

Once an investor pays his money, Tim's company owns the money and can do whatever he wants with it. There is no promised dividend; there is no sharing in profit; there is no right to sell the share back to the company. You count on pure capital gain through sale to another eRep player.

The present structure is like a real life penny stock: once the company issues you your shares it owes you nothing. You have shares but there is no market in which to trade them. In short, this isn't Warren Buffet's company, Google or Amazon.

There is nothing crooked or dishonest here. Investors simply need to know what they are buying.

That is why I am building a forum for investors, to understand why I make the transactions the way i do (and their opinions on it and what they think of it) and a database for them to see the data I am using to reference. Everyone is entitled to shout their opinions and I always take that into consideration...

By no stretch am I trying to cheat anybody or be hishonest

I can not give you a dime and reap all of the benefits of your investors by simply reading your posted information.

If you want investors I'd suggest one of the models given by other posters.

Either pay a dividend, or split up all assets after a set amount of time and pay people out.

If you're successful it'll only take one of two payouts before you have people lined up to throw money at you.

^ What he said.

Yeah, what I said!

If this was a real life transaction, it would be the equivalent of given $100 to someone I know nothing about, with a fast sales pitch and no concrete examples of actual growth, in the hopes that I would one day see my money again, much less the promised growth of a miserably 2%. I make more growth in my own factories.

It's nice to see "new" ideas (even though this has been tried before), but create some measure of success, a trusted reputation and proof of growth first. Else, and I don't know if everyone here is just too nice to say it, you come off a scammer trying to steal peoples cash.

Ill be showing the measurements of success; and by the time it happens you wont be able to afford the lifestyle of erep I am ready to offer!!!!

Best of luck with your ideas and interpretations of the market!

I am not out to scam anybody out there, I am here to prove a track record of success and build a stronger Canada!

I have always believed that hope is that stubborn thing inside us that insists, DESPITE all the evidence to the contrary, that something better awaits us, so as long as we have the courage to keep reaching, to keep working, to keep fighting!!! #whoisthis?

AHHHH, you are religious ! Not me. I go where the evidence takes me, whether I like it or not. I don't really trust financial advisors who suggest we ignore all the evidence and stubbornly insist that buggy whips will make a roaring comeback. Nor do I trust people who start by telling me that they have elaborate computer programs to model and simulate and produce quantitative evidence ..... and then tell me they ignore it all. I stand with the Wright brothers.

I have all the evidence I need to make my decisions, I am not talking about BOOMING profits I am talking REALISTIC numbers, and I am building a database for erepublik to start myself, but I also build a database based on real time markets!

Realistic profits for you, not for any of your investors.

I buy 1 of your "stocks" and I hold it until I need to sell it.

I post that I'm selling it.

Someone says, "Hey I'm interested but how do I get my money back?"

I say, "Don't worry, that's easy. Just find someone to pay you more for it than you paid me."

"But, how do I do that? It's not like this investment makes me any money between now and then. TimmCruz just keeps all the profit himself and I don't see any net gains until I find someone with more dollars and less sense than I have to pay me more."

And there ends the grand experiment.

"I don't really trust financial advisors who suggest we ignore all the evidence and stubbornly insist that buggy whips will make a roaring comeback"

Buggy whips, chains, rubber corsets, high heels... there is a market.
lol

Don't forget alligator clips. So many uses!

well i can't believe in a BH stealer and cant waste my money.

oh my favorite, Might and Magic...

hi darling. you still couldn't manage to steal my BH. Keep working 🙂

It's all fun and games until a President sees an org with 300k CC sitting in it, and decides to repatriate it.

If the government did that it would be stealing... and it would be stealing form his own country!!

It's not the government, it's the President (or Dictator) who by the law of game mechanics are the owners of the orgs.

It would be disappointing if eCanada were to elect such a dishonest leader.

Let us pray that never happens.

First there has to be a coup, that takes 24 hours to start and then the actual battle, another 4 to 6 hours. One would hope that even the most daft and/or incompetent government would be smart enough to move the money out of anything a nasty dictator could get his grubby hands on.

Let's hope that it doesn't happen AGAIN, Azarius.

No, I definitely meant pray. Hoping is more of a passive wish for things to go as you like. It may be better to actively say what kind of leaders eCanada wants.

Actually, scratch that -- saying so may not be enough either. If Presidents can legally access those orgs, perhaps it would just be better to learn from previous mistakes and find ways to reduce opportunities for theft. Assume they're dishonest and then you won't need to pray they aren't.

@Muglackl Me; being a person who wants to make people not regret their investments. IF this idea is a collapse and no1 wants to continue perusing the markets, of course I will give back.. I am trying to build a market that chases buyers and builds values, I am trying to follow a similar principal as NASDAQ.. The purpose is to build demand and influence the market..

@Thedillpickl i didnt ignore the evidance on the comments 3rd above this one (posted by me), but I cant continue it..

No it is NOT NOT NOT the same principle as NASDAQ. Nasdaq is a market. That is the point. Nasdaq provides liquidity. That is what is missing here.

People who invest in large publicly traded companies which don't pay a dividend, such as Google or Amazon, have a terminal right to share in the breakup value of the company and a right to participate in management. They also have minority shareholder rights and they must be respected when a new round of financing is needed. In short, a real world shareholder in a company listed and traded on a major exchange is not remotely comparable to your investor's situation. You haven't structured it that way and in fairness to you it is probably impossible to structure a "stock market" in anything like a reasonable fashion.

Nevertheless, there may be players who are ready to take the leap. It isn't for me. I do admire the effort, however and suggest that you might want to rethink the "structure" to improve the value proposition for investors. Kind regards