On Audits, Payouts, and Corporations

For Project Vulcan Phase IV, the promised audit and payout schedueld for last May has been cancelled and we'll pick up properly in November. Corporation factories are building structures and such so there is no worries that the corp (i.e. me) has run off with your money, just a bad spring and early summer makes it so I don't feel it necessary to do an incredibly late audit followed by another one in November.

Also, the corporation is abandoning capital ship construction and focusing on structure production. I just don't have the cycles for jumping multiple loads of minerals (mostly freaking trit) into low sec for building ships that take weeks to sell.

As part of that I sold off a lot of my remaining capital ship and component BPOs since I don't intend to go back to that world (it was fun, but not easy) and the upshot is that I have a lot of liquid ISK again.

There will be a payout at the end of this week once I get my own non-corp related house in order.

Personally, I took leave of Aideron Robotics (and FEDUP alliance) last week. The alliance is still very much beholden to its null sec space (null sec space and structures own you, not the other way around) and I just don't want to do that game. I feel like I need to change things up and re-invigorate myself in a new direction. That being said, FEDUP is an awesome alliance and I wish them the best of luck in their future endeavors.

In the meantime, I'l just floating in the general population of Gallente Militia, trying to figure out what to do with my life. Last weekend I just roamed a bit and looking for something to shoot threw myself into a lopsided fight against a Worm only to find his friends joining in to help kill me. Fair's fair, I would have done the same thing.

I think this coming weekend I just try throwing up a fleet and seeing what happens. Probably need to see if I have any voice coms to use!

Stay tuned.

Piper Came Calling

Four years ago, when I was first getting into capital ship construction with Orcas, I had a business arrangement with another industrialist who sold me Orca and component BPCs while I was building up my collection. He got burnt out and lent me multiple researched BPOs for my usage while he took a break.

After two years of using them and not being reminded they were loaners I started treating them like my own property. I got out of Orca building, moved into capital ships, and I didn't need some of the blueprints anymore... but I did need some ISK for new blueprints. So I sold them.

Fast forward to last month when I get an evemail from my old associate saying "Hey, remember those blueprints I lent you? I'm back in game and looking to start up production again!"

Oh crap.

Some of the blueprints I had and could just return, but four of them I needed to buy off contracts and they were not cheap! Since the blueprints were "owned" by me and not the corporation, I had to sell my personal shares back to the corporation for ISK to buy the contract to give back to the real owner, costing me out of pocket roughly 10-12 billion ISK.

For investors, there is no cost to the corporation since the ISK for those blueprints did not have to come out of the wallet. Liquid ISK went down, but that is about it.

Well, there is the pesky problem that I no longer have the complete set of BPOs for cap production...

Next week I'll get around to the late corporate audit and the next steps for the corporation.