Investment Bank Services Incorporation Papers Jun 2, 2016 11:23:08 GMT -5
Post by HumanSanity on Jun 2, 2016 11:23:08 GMT -5
Investment Bank Services Incorporation Papers
Name of business: Investment Bank Services (IBS)
Nation(s) founding the business: HumanSanity
Will be creating a forum account for the business?: yes.
Would like a sub-board in the Regional Reserve? Elsewhere?: Regional Reserve sub-board.
Seeking Regional Reserve subsidies: no.
Service/means of making profit: see below on brief description
Brief Description (up to 300 words) of what you hope to achieve and what you can offer the region:
Proposal: Recognizing that after the 10KI Investment Corp. stopped operation, there has been a hole in the 10000 Islands consumer market for money management solutions, I put forth the following business proposal.
Investment Banking Services (IBS) would keep individualized accounts for islanders and invest their assets into business ventures expecting to return profits. By pooling the assets contributed by all of the investors, IBS has more buying power than any one of the investors, and can make explicit investment decisions to maximize returns for clients.
In order to generate returns for its investors, IBS would use (at least) three types of investments:
1) Immigration stocks.
2) Map purchases. Since a corporation cannot own a map item, the IBS would offer a loan to nations wishing to invest in map items who may not necessarily have the requisite cash on hand. The loan would have a 1-5% interest rate on the total loan (e.g. a 10,000 taco loan at 3% interest would require 10,300 tacos to be paid back) and until the loan was paid back IBS would receive one half of the total profits from the investment, however IBS would pay none of the losses on the investment. After the loan is paid off, the loanee would receive all of the profits and pay all of the losses.
3) Other loans. In order to provide stop gap spending for islanders, IBS would offer loans at varying interest rates to islanders, which must be paid back within specified time periods and at specific interest rates.
In order to generate profits for the corporation, the IBS would take a 2% fee out of the original investments provided by different nations, and would also charge a 100 Taco fee to open an account (either of these fees can be decreased as part of a sale, or increased in order to increase profit margins).
The total increase in net worth of the investments of IBS (including cash on hand) would be distributed proportionally to all of the accounts IBS holds. Investors in IBS could withdraw funds at any time and in order to facilitate that IBS will keep some cash on hand. In the event an account CTEs, IBS will determine appropriate procedure to redistribute funds pursuant to a will and in cooperation with CTE Solutions and/or the Regional Reserve.
Every quarter, following the release of Mortimer Reports, the IBS will release an investment report to their investors to indicate profits generated or losses sustained, and the present value of all IBS accounts.
Further requests or comments: