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Friday, April 18, 2008

Half the isk rased in the first 30min

Well as I suspected, the isk came in in a torrent during the first 30min. As per the plan we need to raise 765mil isk. We were above 375 in the first 30min. I'm glad I instituted a 50mil isk cap on per entity invesment for the first 24 h. This allows enough people to invest to keep them interested without the project being owned outright by a few "institutional" investors. It also keeps the individual risk exposure low.

Like any investment opportunity it does involve risk. It's a good thing that our manufacturing start date would seem to project into the future quite nicely. Hopefully market volatility will stabilize out as the panic over the shuttle changes iron out.

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