ISS borealis

Frequently Asked Questions

1. What is an IPO?
Initial Public Offering mean putting shares in a company available for sale to the public.

2. What is the share price, and how many will be issued?
The IPO price for 1 share is 10,000,000 ISK.
A total of 3400 shares are available for purchase.

3. How do shares work?
Shares work in two ways:
- They give you a regular monthly income from the dividend payouts (and)
- They are an investment in the sense that you can resell them at the value you bought at, perhaps higher, if it is a good investment. Share from the last Outpost IPO rose by over 50% in under 3 months.

4. How do I buy shares?
Please follow this link

To buy shares in the ISS Borealis Outpost, please follow the proceedures listed below.
Minmum share buy is 10 shares (100m isk). You can buy 11, 12, 13 etc. but not less than 10.
Investors buying 200 shares (2bn Isk) will receive an office in the station.

Corporations looking to buy shares, please follow these steps:
1) Have your CEO transfer from the corporate wallet to the wallet of 'ISS Borealis Outpost' corporation.
2) [ISSBO] Director/CEO Checks wallet within 24 hours.
3) The [ISSBO] transfers the shares to the corporation transferring the money and an evemail sent to the pilot initiating the transfer.

Individual Investors looking to buy shares, please follow these steps:
1) Pilots transfer the ISK to the wallet of 'Paul Steele' [ISSBO].
2) 'Paul Steele' checks wallet within 24 hours.
3) 'Paul Steele' transfers the shares to the person transferring the money and an evemail sent to the investor.

5. What happens if I transfer less than 100M ISK?
Transfers of less than 100M will be treated as donations. Partial transfers of less than 1 share eg. 1m isk, will be treated as donations.

7. What is the expected monthly dividend % on the shares?
The monthly dividend is anticipated to be around 6%, or 600,000 ISK per share per month.

8. How can I resell my shares?
Until the Eve ingame mechanics regarding trading of shares is re-implemented, the ISSO, ISSMO and ISSBO corporation members can broker share trades for you. This is to stop players scamming each other.

9. What is to stop the issue of more shares?
After the initial IPO, no further shares will be issued. This is protected by in-game mechanics as Issuing additional shares requires a vote by all current share holders.

10. How will ISK be generated for the dividends?
Multiple revenue streams will be used to generate revenue based on available game mechanics.
At this time they include:
- Docking Fees
- Rents (Offices, Factories, Labs)
- Repair Fees
- Broker Fees on all Market Sales
- Clone & Jump Clone Contracts
Additionally a one-off bonus to dividends will come through the auctioning of offices.

11. How much of the outpost revenue will be put to dividend?
100%.
The POS surrounding the station for security and maintiain ownership of the station will be at the expense of the ISS and independently profitable.

12. How do I get an office in the outpost?
Since we are building a Gallente outpost, we have 16 offices available.
3 Offices will be reserved for: ISS Operations, ISS Navy Task Force, ISS Logistics

The 13 remaining offices will be offered as follows:
- To Investors who invest more than 2 Bn ISK will automatically be offered an office.
- If any remain, they will be auctioned on the Eve-Online forums.
- Office rent will be 50m isk per month
- Office holders will receive a 95% discount on factory, lab, docking and repair fees.
- There is no administrative fee for Outpost office holders to use jump clones.

13. How will the risk of the Outpost being taken from the ISS be reduced?
The outpost is supported by the neighbouring alliances, who are also the major beneficiaires of the outpost, both because they are shareholders in ISSBO and because of the infrastructure upgrade it represents to the region. In terms of security, sovereignty of the system containing the outpost will be ensured by a heavily defended group of POS. Management of the POS will be performed by ISS management corporations (ISS Logistics, ISS Navy Task Force, ISS Operations, ISS Borealis Outpost Corporation).

14. Who will defend the station?
The outpost system will be heavily fortified with POS. Agreement has been made with a number of anti-pirate corporations to have offices, as well as ISS Navy Task Force will defend the system along with mercenaries on an as needed basis.

15. Will I be able to dock at the station?
To encourage trade, the ISS Borealis Outpost will be open to all pilots, pending them screwing with the operations of the outpost (see next faq).

16. Who won't be able to dock at the station?
To begin with, all pilots and corporations can dock at the outpost. Pilots, corporations or alliances will be set to -ve standings and incur either penalty surcharges or denied docking privileges for the following:
- Committing acts of piracy regularly in any ISS outpost system and neighbouring systems resulting in a major disruption of trade
- Committing acts of aggression towards the ISS including:
    - Declaring war on the ISS
    - Accepting or Initiating Mercinary contracts against the ISS
    - Setting -ve standings towards the ISS
    - Declaring ISS alliance pilots KOS (Kill on Sight)

17. What will the docking fees be?
The docking fees are linked to the volume of the ship and will be raised or lowered at the discretion of the ISS to maintain investor returns. Initially we are planning on 0.2 x the ships volume. To name a couple of typical examples:
- A Bestower or Viator will be charged in the vicinity of 50.000 ISK
- A Charon (Freighter) 3,250,000.
It is a small percentage of the profiability of buying/selling 20,000m3 or 900,000m3 of goods respectively.

18. What will the broker and transaction tax fees be?
Broker fees and Transaction fees will be the same as any NPC station in EVE. Broker Fees go to the ISS Borealis Outpost Corporation. (1% of total market transaction)
Eg. a Battleship sold for 100m wil earn the ISS Borealis Outpost Shareholders 1m Isk.

19. Who will manage the outpost?
Technically the ISS Borealis Outpost corporation, but in practice, the ISS Operations corporation.

20. Where will the outpost be located?
We have evaluated a short-list of locations. It will be in the Western part of Pure Blind. The exact system will not be announced until the outpost is completed for security reasons.

21. What kind of outpost is it going to be?
It is going to be a Gallente outpost for the market functionality. Without a market, it wouldn't be much of a trade hub.
The Gallente Outpost station has:
- 16 offices
- 4 Factories
- 1 Copying Lab, 2 Material Efficiency Labs, 2 Time Efficiency Labs
- Market
- Medical (Cloning / Jump Cloning)
- Repair
- Fitting
- Insurance facilities.

22. What happens to my ISK if you can’t raise enough capital to build the outpost?
The funds will be returned to the shareholders.

23. What happens if you need to change policy on any of the investment critical FAQ?
It will be put to a shareholder vote.

24. So if this is so great, why doesn't the ISS just buy all the shares?
If we had enough ISK we would!
But seriously, two reasons:
- Shares need to be sold to the neighbouring alliances for stability
- The ISS alone doesn't have enough ISK.

25. Can I install a jump clone in the station?
Yes. All corporations who have neutral or positive standings with ISS can apply for +1 standings with the Outpost corporation to make it possible to use the outpost for clone jumping. This has a one-time 25m administration fee for either your entire corporation or as an individual pilot.

The Rebirth service is meant to help local industrial corporations manage their day-to-day operations in the Northern Regions. Each application will be evaluated on a case pr. case basis with special attention to possible military abuse of jump cloning. ISS Borealis Outpost will reserve the right to turn down applications or cancel clone privileges without explanations.

26. What are the key differences between the Borealis Outpost and the Marginis Outpost?
We learned a number of useful lessons from the Marginis Outpost project, and Red Moon Rising expansion has also provided additional revenue streams.
The specific difference are:
- Borealis costs less to build, since we are buying a outpost BPC instead of the outpost BPO. This also means Borealis won't make isk from the BPC copy sales.
- Borealis allready was driven by direct demand from neighbouring alliances, Marginis was speculative based on traffic flows
- Borealis will immediately start with 50m/mth office fees, securing a large part of the monthly dividends. This was not possible pre-RMR, as office fees max were 1m/mth.
- Borealis will have Broker Transaction Fees from day 1, Marginis did not have them until the RMR patch came in.
- Borealis will have lower docking fees from day 1, promoting more visitors to the station.

FAQ