Entropia Holdings - Official Thread

[DeeDee]

I'd suggest that you bring your urge to learn and drive to develop and join the EIFund instead.

http://www.eifund.net/T3/

[mmabigshow]

Funny you would post that in an entirely unrelated thread considering I've already addressed that fund in my first post...

As for filing for an LLC, I've thought about it, however, to properly issues shares of common stock I'm pretty sure I need to file an S Corp which is a much more complicated arrangement.

Considering I have 3 LLC's already I'm not sure I want another one to deal with. I'll have to look into it more and figure out the best approach.

[Adamas]

I think Deathifier sumed up my opinion.

You clearly make money, save up for a few months while you "learn" how entropia works. Then you'll have the money and the knowledge to invest for yourself.

PS: Good luck in whatever you end up doing.

[Dr.D.C.]

Originally Posted by Deathifier

New Idea? Hardly, seen it before dozens of times and only seen one which actually worked.

Still many unknowns for mr mmabigshow to handle, here's some questions potential investors would like answers to:

Being new to Entropia is a major disadvantage - Entropia has its own quirks from a business perspective and those cannot be easily taught.

You plan to make up for this by having a "group voice" from the investors.
However if you have browsed any one of the numerous "request for suggestion" threads from land owners, you will see that all you are going to do is wind up with dozens (if not hundreds) of options and opinions, and you still have to be able to identify which ones are actually good.

There is nothing in there about return on investment.
Why should I put money into the fund, what am I going to get out of it?
What makes an investment in Entropia superior to an investment in the real world?
There's a LOT more risk in Entropia, esp. with these fund arragements, the returns need to match.

There is little in there about how the investment would actually work.
Buying land areas and future stuff is wonderful, except LA prices have been mostly flat for months, LA income is typically negligible, and the most recent "new stuff" - the malls and banks - are hardly roaring success stories.

You also have whole new planets on the horizon, and a whole new aspect of the game (space) coming along.
These are going to be highly disruptive, how do you plan on navigating those without a detailed knowledge of Entropia?

You seem to be generating a fairly nice income stream in the real world, why don't you save for a few months and take the plunge with your own money to start with?

The Entropian community will be more than happy to bombard you with ideas even if they aren't investing, and if you believe strongly in your ability then you should have no qualms about putting your own money on the line - just like I did, just like Neverdie did, just like many other land owners, mall owners, and bank owners did.

Bye,
Deathifier

You know Deathifier, not everybody ALONE can invest-100k-400K$ in EU or in RL............
Probably i will not invest in this activity (cause i don t care) ( or in similar ones) of our new friend, but i don t see nothing wrong to try to invest in the game putting all together PED. If i m not wrong someone made big investments in EU when everybody was say '' u are crazy man'' and now those investors are rich. But maybe the point is that someone consider the EU competition like something to do between people with huge wallets only. All the others not rich people must just shut up and stay in their own corner.

[mmabigshow]

Greetings,
I am still very new to the Universe that is Entropia and have been absorbing a great deal of information from these forums.

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.

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. In studying the EU I've realized this is a place where generating cash is only truly possible by utilizing strong angles and community involvement. When I say "True Profit" I mean, more than a couple PED an hour sweating mobs etc.

So, my goals at this point are to put together a community based real estate fund. As it stands now, only a small hand full of individuals are financially capable of purchasing the large land areas, banks and the like with either licenses already gone or they are just simply out of economic reach for most. The pioneers of yesterday reaped great benefits by buying in when specific opportunities were available. With the coming upgrade to the Universe and other added features will come more opportunity that only the currently well established will be able to profit from. Why not the rest of us?

If a group of interested parties work together contributing to a "pot of Ped" so to speak, then when the time comes we will be able to effectively compete for growth opportunities as they present themselves.

So, I would like to find out what thoughts the general public have on this venture and gauge interest.

Here are some Q&A to start with:

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.

Q: Are you who you say you are?
A: Yes, and I've actually hosted the logo for Entropia Holdings on the MMA Big Show web server to demonstrate I'm not portraying to be someone else.

Q: What would the fund invest in?
A: Land Areas and future development of newly released content within the EU Universe.

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 investors who have been voted into position by other investors. This group would vote regularly on the newest ventures of the fund, purchases and the like.

Q: Would dividends be paid out and if so how often?
A: Yes, but not at first. Dividends wouldn't be paid out on a monthly basis or anything as that would slow the overall establishment process of the fund. Immediate profits would be used to purchase new property to further profitability for the future. However, if a property is flipped so to speak, then those profits could be then distributed as dividends depending on the situation.

Q: Are you aware of the Entropia Fund?
A: Yes, I am. However, their website doesn't function and there is currently no real information on their site.

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. http://www.entropiaforum.com/forums/...iaHoldings.com coming soon.

Q: How much or how little could I buy in for?
A: This is meant to be a long term venture and therefore to minimize confusion our minimum investment is 1,000 PED. There is also a maximum investment of 50,000 PED to ensure that any one LA isn't dominantly owned by any one investor.

Q: Is this an elaborate scam of some sort?
A: It would do me no good to attempt to openly scam a large group of people out of money. This is the internet and my information will be made public upon fund inception. There is no telling who a scam like this would tick off nor the legal repercussions of such. Simply stated, no. Not in the least. I am a family man that does fairly well for himself already and I wish to keep me and my family safe. I try not to piss too many people off as it is if I can help it.

Q: How does Entropia Holdings operate?
A: By bringing together a collective number of investors we establish a large pool of available resources enabling the group to make large purchases of profitable Land Areas whereby we are able to generate daily profits. These profits then go into furthering our pool of resources enabling us to make more purchases and so on. Ultimately, the end goal for any given property is to develop the area into a vastly profitable area which we are then able to sell off to a larger group or investor for high profit margins than are then dispersed amongst the original investors of the property.

Q: How much could I make?
A: Let’s say a Land Area costs 50,000 PED (For sake of simplicity) and another 50,000 PED for DNA to develop the land into a profitable hunting area. That’s a total of 100,000 PED recquired.

Now lets say we have 100 Investors investing 1,000 PED each to the venture.

We purchase the LA, develop it and then market the area with an exciting series of events to attract attention to it. Each investor will then earn 1% of the profits of the LA each month.

If after spending 100,000 PED and marketing the LA into a profitable LA, we can then sell it for cost, plus LA value increases plus the project profitability over roughly a 6 month period.

Our best efforts will come in pooling our resources, purchasing and developing profitable LA’s and holding them for 6 months at a time at least while pushing our profits into the purchase of other LA’s and doing the same thing until our Fund holds 3 or 4 LA’s all of which generating a monthly profit. Once we have achieved a point of comfortable profitability for all, we can then begin issuing dividend payments on a monthly basis to all investors. This would be voted on by the elected board of directors.

In essence, the profits you see won’t come immediately as it will take time to develop each property, however, in time, our profits will increase to the point where we are free to choose to do whatever we’d like. In summary, the profit potential is endless, just don’t expect it over night.

Q: What if I invest 1,000 PED into one LA and begin making a profit, can I roll my profits into the next LA?
A: Yes, once we have established a flourishing Land Area and are generating an accumulating profit from it, those profits will be divided amongst the investors of that LA which can then be rolled over into the next LA project. This is kind of the whole idea.

Q: What if I want to sell my shares to another player?
A: It’s possible on a case by case basis. Meaning, we aren’t forming a stock market, yet, and therefore the time and effort it would take managing the constant changes of shareholders would be mind numbing. So, in the near future the answer is no, however, in the future once things are established, yes. Everyone will be informed when the time has come to allow such activities.

Further questions and answers will be added to this initial posting as they are answered.

[mmabigshow]

I have renamed the Fund to Entropia Holdings and registered the domain for the website which is under way. As such, to limit confusion I have established a new thread for the new name and ask to direct any further discussion of the Fund to that thread found http://www.entropiaforum.com/forums/...ml#post1446970

I have also added some new Q&A etc.

Thank you for the support thus far, things are looking promising.

[Asha]

Hi mmabigshow,

I am interested in your project.
Can you please add me to the list of your possible investors?

A question:
I invest an amount of Peds at first.
Can I later invest more if I see that the project is successul?
(Bad english, sorry...)

Good luck and looking forward to news and updates.

Asha

[DanielleYourMom]

Sorry - this may sound harsh - but I wouldn't invest anything into someone who's been a member of EF for a whopping 7 whole days.

Things like the R & R investment fund scam tend to make me not ever want to invest any of my money into anyone else's 'investment funds.'

Best of luck - but don't hold your breath waiting for investors.

[RobVee]

Originally Posted by DanielleYourMom

Sorry - this may sound harsh - but I wouldn't invest anything into someone who's been a member of EF for a whopping 7 whole days.

Things like the R & R investment fund scam tend to make me not ever want to invest any of my money into anyone else's 'investment funds.'

Best of luck - but don't hold your breath waiting for investors.

Wow! I must have been lying under a rock during the R&R fund debacle! Thanks for pointing out. Totally missed it. Sad you lost your friend due to it. I'm browsing that thread now...

[Asha]

Danielle,
mma has already answered to a few questions of the community in his previous thread. Link: EBDF: Entropia Business Development Fund
Yes his new, but he seems to be smart and creative.
This project sounds a lot better to me than EIFund.