Esim - Advocate Investments - Day 70 Update
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Advocate Investments - Day 70 Update (Old article)
Posted 12 years ago by
junglejuice    
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With my computer back online, things are beginning to get rolling again. All of our companies are running with at least partial capacity (takes time to fill up the companies with steady employees) an we've started turning some nice profits.

We'll be giving out a dividend before day's end, just waiting on someone to purchase the USD we have up on the monetary market to convert some assets into gold for the disbursement. Dividend should come out to about .125/share which is a good sign since overall our companies are running at about half strength still.

In an effort to get some slightly higher returns (credit to a couple of our large shareholders for this plan), I will be selling 80 of my personal shares at and donating the proceeds to the company in order to finance an upgrade of our oil and diamond companies to Q4 (100 gold each) and upgrading our Q3 weapons company to Q5 (300 gold). Any extra gold raised from the selling of my shares will be used to build up some currency backstops to ensure we have a bit of a safety net in the case that currency pegs fall or markets lose their liquidity at a crucial time so that we don't lose all our workers and have to start from scratch.

I will begin selling the shares in batches after the dividend goes out, and will raise the price with each batch that goes out, so if you're interested in investing more into the company make sure and keep an eye on the offers page for the early batches so that you can get in at a cheaper level.

As always, thanks for being such great investors, it's always a lot of fun and often educational to talk to the shareholders and how they perceive the company so feel free to hit me up on irc if you ever want to chat.

~JJ


Edit to add: First three batches of 10 have already sold, raising 210 gold in capital within the first hour. Went ahead and upgraded the diamond and oil companies to Q4. Next few batches will be put up tomorrow during the day to give people a chance who weren't online tonight. The rest of the capital will be used to begin moving up our weapons company and the leftover ~100 gold will be used to build a small currency stash as mentioned above.

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Advocate Investments - Day 60 Update (12 years ago)

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USA as a world power? In E-Sim it is possible!

In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.

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