Entropia Holdings - Official Thread

[Vengeance]

Originally Posted by mmabigshow

I am a 30 year old family man and an MMA Fight Promoter from Ohio. I promote events all over hosting UFC veterans matched against my Champions, various size venues from small halls to full scale arenas.
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I am an avid MMORPG player with emphasis on crafting and profit generation because thats exciting to me. I typically end up one of the wealthiest players on any given server by establishing strong relationships/customers and dealing with other crafters.
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So, my goals at this point are to put together a community based real estate fund.
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Q: Who would maintain and control this development fund and how can we trust you?
A: I would of course, though since this is pertaining to real life money the appropriate protection measures would be taken to legally protect the members of the fund.
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Q: Would their be a voting committee to oversee new purchases and development?
A: Yes, there would be a board of directors much like any other corporation comprised of it's highest shareholders. This group would vote regularly on the newest ventures of the fund, purchases and the like.
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Q: Would this fund have a website of it's own?
A: Yes, the fund would have a site of its own, ran and updated by me on a very regular basis. Our site would contain earnings reports, new purchases, new investors and their bios etc.
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I'm very serious about this venture and I hope to find other like minded individuals who see the future of Entropia in the same light I do. This is only the beginning of a new age and together, we can make big things happen.

I quoted a few lines of your post because they are heavily involved in my question.... So.. here it comes..

How much time will you spend to make your fund the best?

Since you are a family man, work as a promotor, playing other mmorpgs AND you also are ready to start a fund, run the fund, run the website.. aso... aso...

Gosh.. I am not questioning your knowledge here, I think your thoughts and intentions are good and I'm a bit interested to join you. You obviously know what you are doing in business.... BUT

I for certain.. I have a full time job, a house and my little family (a 3 year old son and gf). This takes almost all of my time! I don't have very much time left for own interests like EU or watching sports on TV or whatever. My 3 year old is at his best age, many things happening right now and I want to be there and watch him and help him. The house needs alot of attention also, with garden and all.

Where will you find the time to make this work?? I know I wouldn't..
Will you quit playing other mmorpgs and play EU full time?

Reasonable questions I think..

(English is not my first language so the post might contain errors.. )

[mmabigshow]

My intentions are very good I assure.

I currently have some interested parties sending me PM's.

So everyone knows, I'm currently gauging interest over the next 24 hours or so. Once I have a handful of interested investors I will break down the initial plans and send them off to each potential investor for review. Once approved by the group I will setup the website for the group and begin collecting initial investments at which point we will begin discussing our first venture in detail.

This will be an ongoing venture, but will take place in specific time frames. In other words, we will set dates for new investment dollars to enter the fund but we wont be collecting funds around the clock. This will help keep things situated without getting anyone confused.

Make sense?

If you are interested, PM me and I will add you to my list of investors to receive the information.

Any further questions, feel free to ask!

Thanks folks!

[mmabigshow]

Great questions.

Ok, I work from home 9am to 5pm like anyone else, however, the majority of my work is phone work and emails which I am quite effective at maintaining while furthering myself in EU.

No, I won't be playing any other MMORPG's. Just fight promotion and EU.

I spent a great deal of time with my 6 yr old, 11month old and my second baby girl will be born this coming Thursday!!!!!! Come on Allyssa.

So, even though I am busy, I do have help getting things done and will be able to effectively maintain the fund and handle the website etc.

As for your lack of time, quite honestly I think it's perfect considering voting and discussion will take place online and through emails so technically you'd never have to even be logged into EU to be a part of the fund.

[Turnsleft]

Originally Posted by mmabigshow

Good points and thank you.

No, I do not know all there is to know about the game, but I do know business.

Since highschool where I founded my first company which I sold just after my 21st birthday I've done nothing but read every magazine, marketing, business startup book I could find. I now make between $10,000 to $40,000 per month depending on my events, and I have a 6 figure dot com preparing for it's initial beta launch.

If ur making $10k-40k a month why would u need other peoples money? Something doesn't add up here. As a business man surely u would b quick to realise potential and go it alone. For that reason sorry but Im out

GL anyways and a free bump

[Vengeance]

That pretty much answers my questions.. I will probably have more questions later tho..

Gratz to your next little one..

[Kimmi]

Originally Posted by Turnsleft

If ur making $10k-40k a month why would u need other peoples money? Something doesn't add up here. As a business man surely u would b quick to realise potential and go it alone. For that reason sorry but Im out

GL anyways and a free bump

Maybe he sees Entropia to big a risk to use his own money.. and just want to play with our money.... smart for him... bad for investors

[Badger]

well if it's successful, in the long run it could produce more assets than he could afford by himself.

[Turnsleft]

Who holds the deeds to all these LAs?

Thats where my level of trust falls over, maybe someone I know in RL but an unknown 1000's of miles away hmm not gonna happen for me.

[Turnsleft]

Originally Posted by Kimmi

Maybe he sees Entropia to big a risk to use his own money.. and just want to play with our money.... smart for him... bad for investors

Hmm dunno why but Im thinking banks here

[mmabigshow]

All very good points.

#1. Why not use all my own money?
For one, I have a family of 5 in a nice big house with lots of nice big bills. Make more spend more as they say. Secondly, as stated earlier, I dont know enough about the game as a whole to make all the wisest decisions and therefore feel as though multiple heads are better than one. Finally, as in the real estate business of any kind, never use what you can get from others. Sounds harsh but is the truth. When Donald Trump opens a new skyscraper so you think he spent all of his own money to do it? NO WAY! He's makes deal with banks and investors etc. You ever hear "Never get high on your own supply"? Bad analogy but the same bodes true in about anything.

We work together to combine our efforts to do better than any one person could on his/her own...