I have started paying dividends to the investors. I wanted to wait until I had sold all of the assets and could pay the investors in one lump sum. But things are going so slowly, that I'm just paying as I go along.
Please, be patient. This first payment of 1.5B ISK is not all. There will be more as the assets are sold off.
Monday, March 7, 2011
Wednesday, November 3, 2010
Monthly Statement, October 2010
I can happily say that sales topped the one billion mark last month, at 1,339,713,798.47 ISK. It was actually our fourth biggest month. Since our return on investment was only 62.52%, our fourth lowest, our good sales are more brute force than efficient working.
Our dividend also climbed to 25,356.40 ISK per share. This is more respectable, but still half of where I would like it to be.
We have picked up a new Gull Gaeta, and the Jarl Occult has stepped up production. Our Gull Gaetas for Dodixie and Jita remain idled. Getting them back would be a huge boost to our sales.
Our dividend also climbed to 25,356.40 ISK per share. This is more respectable, but still half of where I would like it to be.
We have picked up a new Gull Gaeta, and the Jarl Occult has stepped up production. Our Gull Gaetas for Dodixie and Jita remain idled. Getting them back would be a huge boost to our sales.
Sunday, October 3, 2010
Odinsdagrting is Hiring
Odinsdagrting is looking to expand again, and we have several opportunities. I invite anyone that is interested to check out our job postings. Check back regularly as I will continue to post openings over the next few days as I confirm that they are available.
If anyone is interested, please contact me via the forums, via an Eve Mail, or via GMail.
If anyone is interested, please contact me via the forums, via an Eve Mail, or via GMail.
Monthly Statement, September 2010
September was a horrible month with gross sales of 779,281,623.75 ISK, the lowest since November 2009. This resulted in a dividend of 15,601.61 ISK per common share (156.02 ISK per BSACSE share).
The September, return-to-school, season took a tool on our operations. While we did see some drop in activity in most members, the most dramatic was with our Jarl Esoteric who also runs sales out of Jita. To compensate for such things in the future, we will be looking to expand our sales staff.
The September, return-to-school, season took a tool on our operations. While we did see some drop in activity in most members, the most dramatic was with our Jarl Esoteric who also runs sales out of Jita. To compensate for such things in the future, we will be looking to expand our sales staff.
Thursday, September 23, 2010
Odinsdagrting is Listed
Odinsdagrting has been listed on the BSAC Stock Exchange. I do want to point out that a share at the BSACSE is 1/100 of a common voting share. Please, keep that in mind, when reading reports on dividends. Anyone listing ODNDT shares to sell on BSACSE will have 100 shares within the stock exchange for every actual share they register to sell.
I have sold 739 of my own shares on this exchange now (which converted to 73,900 shares within the stock exchange). This brings my stake in Odinsdagrting down to one share shy of 50%.
There are no plans to issue any more shares. But I do encourage anyone who has shares and wants to sell them, to use this venue.
I have sold 739 of my own shares on this exchange now (which converted to 73,900 shares within the stock exchange). This brings my stake in Odinsdagrting down to one share shy of 50%.
There are no plans to issue any more shares. But I do encourage anyone who has shares and wants to sell them, to use this venue.
Sunday, September 19, 2010
Communications
In an effort to improve communications, I have set up a few channels and am aiming to let everyone know what I'm planning with Odinsdagrting.
In the Neocom, there is now a ODNDT Shareholders channel. This is restricted to current shareholders. If you can not access this channel, but should be able to, please contact me.
There is also a ODNDT Public channel. This is really just a way to get in touch with me when I'm online.
In Eve Mail there is an ODNDT Shareholders and a ODNDT Announcements mailing lists. These are not restricted in membership. The first one will likely be limited not to information for shareholders, but information for those that are interested in becoming shareholders, or are just interested in following the corporation's finances.
The second one will likely become an echo of what is posted to this blog.
I invite everyone to our corporate forums. There is a special section just for shareholders. As I notice shareholders register, I will grant them access to the shareholder forum. If I over look someone, please let me know.
I also invite everyone to the Low Sec Forums. They are the official home of the United Trade Syndicate alliance, to which Odinsdagrting belongs, and a forum dedicated to low sec.
This blog is dedicated to the corporation. I do maintain a personal blog and Twitter presence.
Channels
In the Neocom, there is now a ODNDT Shareholders channel. This is restricted to current shareholders. If you can not access this channel, but should be able to, please contact me.
There is also a ODNDT Public channel. This is really just a way to get in touch with me when I'm online.
Mailing Lists
In Eve Mail there is an ODNDT Shareholders and a ODNDT Announcements mailing lists. These are not restricted in membership. The first one will likely be limited not to information for shareholders, but information for those that are interested in becoming shareholders, or are just interested in following the corporation's finances.
The second one will likely become an echo of what is posted to this blog.
Forums
I invite everyone to our corporate forums. There is a special section just for shareholders. As I notice shareholders register, I will grant them access to the shareholder forum. If I over look someone, please let me know.
I also invite everyone to the Low Sec Forums. They are the official home of the United Trade Syndicate alliance, to which Odinsdagrting belongs, and a forum dedicated to low sec.
Blogs
This blog is dedicated to the corporation. I do maintain a personal blog and Twitter presence.
Wednesday, September 1, 2010
Monthly Statement, August 2010
This is our first month with our new capital. We have started to spin up our Amarr/Occult division, and we have seen the first sales from our Caldari/Esoteric division. And sales this month were the biggest we've ever had.
Things are running smoothly, and I hope that September will see sales as strong as we have had this month. I hope that by the end of September, we will have all of the Incognito, Esoteric, and Occult T1 rigs covered, and be selling most of the T2 rigs.
Total sales for August topped 1.6 Billion ISK, making it our single highest month. Total profits from sales was 778,718,667.89. This was split giving a total dividend of 196,535,913.40, or 26,776.01 ISK per share.
The book value of the stock is now at 1,001,724.07 ISK, meaning the return was 2.7%. This is the lowest dividend in terms of ratio to book value, but at the end of our first month with our new capital and we still have 2,661,929,860.20 ISK in reserves that have not been tasked and another 388,996,250.00 ISK in the newly formed Occult division.
Things are running smoothly, and I hope that September will see sales as strong as we have had this month. I hope that by the end of September, we will have all of the Incognito, Esoteric, and Occult T1 rigs covered, and be selling most of the T2 rigs.
Total sales for August topped 1.6 Billion ISK, making it our single highest month. Total profits from sales was 778,718,667.89. This was split giving a total dividend of 196,535,913.40, or 26,776.01 ISK per share.
The book value of the stock is now at 1,001,724.07 ISK, meaning the return was 2.7%. This is the lowest dividend in terms of ratio to book value, but at the end of our first month with our new capital and we still have 2,661,929,860.20 ISK in reserves that have not been tasked and another 388,996,250.00 ISK in the newly formed Occult division.
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