Thursday 10 May 2012

Share Sale Complete

The sale is over!

While the original IPO plan was to raise 100b, after reviewing my plans I realised that I could fufill my industrial goals with slightly less initial capital and also offer better per-share returns in October. Therefore the total number of shares sold so far is 70, with 10 held in reserve for investors who don't currently have the ISK on hand, or should I need to raise more equity in the future. While 100b was a nice round number, the risk was that during the next 6 months, large piles of isk would sit un-invested and thus would reduce the overall ROI of the project.

And I am aiming for a high ROI :)

So, to start off with - who invested? While I wont be publishing names, I will share where investors came from. Despite the suspicion of scam - FCV has raised funds from 3 main sources: (1) current and former corpmates (2) "Institutions" - in this case failheap and (3) corp ceos who have worked with me in the past and who are interested in investing corp savings.

So, some piecharts:

And to break down those numbers further into who purchased how many shares each:






So with the share sale complete, making space dollars can commence. I will post more info on that soon.

If you are interested in purchasing some of the reserve shares, then do get in touch.




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