Sunday, April 30, 2006

Share Offering Schedule


Shares will be offered in the following phases:

Phase I: Recruitment (4th of May 2006) Generating Trust
In this phase we will try and recruit Fund Managers and Board members, these individuals will have to be trusted by EMFi and by the EvE populace in general. In order to be considered for any of these positions you will need to invest a minimum of 50,000 shares in this venture which do not qualify for the buy-back scheme for 3 months. Personnel will be allowed to place an alt character into the corporation with suitable roles. 20% of the total amount of shares are available for this phase. Good candidates for this position are Alliance Leaders and Captains of Industry. Payment for EMFi shares with shares from current portfolio will be considered.
  • Amount: 50,000 share blocks
  • Target: Fund Managers and Trustees
  • Price: 10,000 isk / share

Phase II: Institutional Investors (7th of May 2006) Generating Critical Mass
In this phase we target wealthy individuals and corporations, institutional (anonymous) investors are allowed to purchase shares in blocks of 100,000 shares. 40% of the total amount of shares are available for this phase. Payment for EMFi shares with shares from current portfolio will be considered. Please contact Naphtalia or EMFi manager to arrange such a stockswap.

  • Amount: 100,000 shares minimum
  • Target: (Anonymous) Institutional Investors and Wealthy individuals
  • Price: 10,150 isk / share

Phase III: EvE Online Populace (11-18th may 2006) Generating a Market
This phase the normal IPO will be launched we will partner with organisations like EIB and brokers of EGSE for brokering this phase of the IPO. This IPO will last for a week. After this stage the EMFi will be listed on the exchanges and free trade in this derivative can commence and EMFi will use the 90/110 rule for trading EMFi stock.

  • Ammount: 1 share
  • Target: everyone in eve rich or poor that wants to be part of EMFi
  • Price: 10,300 isk / share (+ broker fee for smaller orders)


All capital raised in phase 1-3 will go directly to corp & shareholder value first dividend planned for 15th of June and every month on the 15th afterwards

90/110 rule: Pending availability of liquid cash EMFI will provide buyorders @ 90% of NAV for EMFI shares. If liquid cash runs out EMFI will try and liquidate some assets in order to provide these buyorders. Pending availability of shares EMFI has the option to sell shares to the open market through sellorders. However it must do this at minimal 110% NAV.

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