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  1. #1
    Guardian Larry's Avatar
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    Red Ped Corporation



    Red Ped Corporation is in no way connected with MindArk PE ABŪ or any of MindArks' Planet Partners™.
    All logos, brand names and concepts are the sole property of their respective owners.
    Last edited by Larry; 09-17-2019 at 15:57.

  2. #2
    Guardian Larry's Avatar
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    Last edited by Larry; 06-02-2019 at 01:54.

  3. #3
    Guardian Larry's Avatar
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    18th September 2019

    RPC Shares for Sale!

    For the first time in four months we're delighted to announce that RPC is once again open to investors!

    Please see news posts below (plus those in archive) for a full history of RPC, as well as investment stats and rules below that. If you have any questions, please contact Wesley Wes Valivill and/or Enviro Larry Lagoono in-game and we'll do our best to assist.

    We look forward to having you on board!

    Investment Program Update - Change in projected ROI

    As trading conditions for the business have stabilized, we are now able to better project the ROI for RPC shares. To reflect this we have now narrowed our projected ROI range from 8-12% to 8-10%.

    Investment Program Rules Updated

    We have updated the Investment Program Rules below in order to simplify withdrawals and prepare for the upcoming in-game company share system.


    17th September 2019

    LA#37 - SOLD

    We initially bought LA#37 as a holding Land Area for future DNA, but after careful thought we decided that selling the Land Area to a partner who would help promote the TP and the area would not only immediately increase the ROI for our shareholders, but the knock-on effect of having another Land Owner promote the region should boost long-term ROI as well as awareness and activity on our Neconu Land Area.

    No capital gains were made on the sale of the Land Area, and the total number of shares in RPC has now been reduced to what it was before the purchase of LA#37.


    10th September 2019

    Neconu Maturity Decreased on LA#50

    Despite us acting on numerous requests to increase the maturity of the Neconu on LA#50, there was almost no increase in activity seen at the Land Area. Given the increased costs associated with having more mature spawns, we have decided to reduce the maturity of the Neconu back down to young in order to reduce operating costs.

    Unfortunately decreasing the maturity is not quite the same process increasing it, and so we expect the changes to take 1-2 weeks to complete.


    4th September 2019

    Red Ped Redemption Event Updated

    The updated 'Bounty Hunter' additional Prize Pool (called 'Barry Jackpot') now carries an upgraded feature that will reward individual hunters for their loyalty without affecting the bottom line. Full details can be found at www.redpedevents.com.






    Last edited by Larry; 09-18-2019 at 20:58.

  4. #4
    Guardian Larry's Avatar
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    Last edited by Larry; 09-18-2019 at 20:21.

  5. #5
    Guardian Larry's Avatar
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    By participating in the RPC investment program, you agree to be bound by the following rules:

    1. All operational and strategic decisions will be made by management (Wesley Wes Valivill and Enviro Larry Lagoono).

    2. RPC assets will be held by Wesley Wes Valivill.

    3. The minimum investment is 100 ped.

    4. Profits generated will be aggregated and paid out on a weekly basis. These profits will be added to your invested amount and will used to buy more shares in RPC by default. If there are no RPC shares available to purchase, then management will hold your accrued ped balance until you request a withdrawal.

    5. Given the illiquid nature of our investments and the desire to re-invest profits, there will be a 10% withdrawal fee deducted from any balance drawn out within 12 months of the initial investment. Withdrawals after 12 months have a 0% withdrawal fee.

    If your investment into RPC is staged, then each investment stage will be classed as starting it's own 12 month withdrawal period (e.g. If you invest 5k ped on the 9th August 2019 and 7k ped on the 25th September 2019, then the 5k ped can be drawn out with 0% fees on the 9th August 2019 and the 7k ped can be drawn out with 0% fees on the 25th September 2020).

    6. Withdrawal requests must be made in-game by your avatar only via private message to Wesley Wes Valivill.

    7. Wesley Wes Valivill will keep track of ALL events, as well as be the sole recipient and judge of screenshots and keeping track of revenues.

    8. The number of shares issued by RPC will remain the same unless a substantial asset is either purchased or sold. In the case of an asset purchase, RPC will increase the number of allotted shares to the value of the new asset in proportion to where the funds for the purchase came from. In the case of an asset sale, RPC will use the proceeds of the sale to reduce the number of allotted shares by way of voluntary and/or compulsory purchase of shares from investors.

    9. RPC/management reserve the right to compulsory purchase the shares of an investor for their base value of 10 ped per share and/or exchange those shares for shares in any Land Area listed on the official Entropia share trading system for equivalent value at any time for any reason. If a compulsory purchase occurs, the relevant investors will be notified via in-game private message. Any ped balance owed to the investor will be held by management until the withdrawal is made by the investor.

    10. Management reserve the right to make amendments to these rules as and when the circumstances require it.
    Last edited by Larry; 09-18-2019 at 19:55.

  6. #6
    Guardian Larry's Avatar
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    Reserved for future use.

  7. #7
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    Thaddeus Rusty Venture
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    Can't wait to see you as an official ingane corporation when MA adds support for that like they "promised".

  8. #8
    Guardian Larry's Avatar
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    Thank you!

    Yeah I'm looking forward to that too......

    I'm sure they will. I have faith in new management.

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