Tuesday, June 20, 2006

Timetable for IPO

I'm still working on logistics for this project and will move forward once i've established a site to settle the pos's on. initial 2000 shares will be offered up at the end of the month. This will be on a first come, first serve basis and once enough shares have been sold(about half for this stage) I will begin implenting the business plan and start buying pos and related items. Stage 2 will be implemented once the pos's are set up and are self sufficient/in the black.

regards

ManicMiner666

MMCS Intro

Manic Miner Corporation has been set up as a way for members of the corporation i was previously in to have somewhere to go should they feel they wanted to continue working with me on various projects. I'm happy to say that several of the friends i made during my stay in that corporation expressed an interest in joining me when i left so this is the result.

I really am getting psyched up for our next project which will be to establish a pos operation in 0.0 while most members mine minerals for a stockpiling operation i'm running getting ready for the next phase after this one. The business plan will be relatively simple to start off with, i'll release 2000 shares at 1mil isk a share and the funds this generates will be used to invest in a freighter, and the building blocks for the pos's we will be putting down. I've been stockingpiling fuel now for a couple of weeks so we wont have a problem getting hold of it and we also have a dedicated fuel miner who can supply these pos's with more than enough.

The pos's will be used to mine moon minerals and they will be reacted to form both simple and then complex reactions. We will keep looking for decent moons but right now the pos operations plan will once its all up and running pay for itself even if we only get the more common metals and deposits/hydrocarbons/etc.

This will give us somewhere to base phase 2 of the operation which will require another 8000 shares to be sold in order to raise capital for the capital components bpo's and gallente freighter bpo. This will be our primary money earner until [a] the moon mining pays off and [b] the capital is available to invest in further bpo's(e.g. more components and more freighter/carrier/dreadnought bpo's).

I believe by running a stockpiling(of components) and researching operation on each bpo in rotation we can further increase our profits to the point we can if we want to outprice our competition. The mining core in our corporation will in the meantime be constantly mining common ores in order to stock the vast levels of minerals required to build freighters on a regular basis. I think thats enough of a basic business plan for now, we will release more information as it comes closer to launch time for the IPO, feel free to contact me with any questions you may have,

regards

ManicMiner666