Sir Leon / Mitt Loan (in Public Record)


Sir Leon [Soup Ream] November 3 2006 3:42 PM EST

I"ll be loaning Mitt 2.5 million cb2$ at a 4% interest rate calculated weekly. ( compounded ) Mitt is using this money to purchase Db's. The db's he is purchasing will be held by me as collateral until Mitt as payed off his debt, to me.

The Xfer fees of loaning the item to him will be paid by him.

This loan is to be paid back no later than January 3, 2007. (should be plenty of time )

Please confirm.

[P]Mitt November 3 2006 4:24 PM EST

I agree, but I do not need them loaned to me. I'm just buying them for a future tank.

Sir Leon [Soup Ream] November 5 2006 6:40 PM EST

Transfers Made:
Sir Leon [t] (Odysseus) 68.34.135.180 Stephen [t] (Vault) $2500000 -- For Mitts db's 6:35 PM EST

Stephen [t] (Alphabeticus) 61.29.44.254 Sir Leon [t] (Mishras Factory) A Pair of Displacement Boots ($1587109) 5:58 PM EST

Total Due: 2,600,000 (Please send all payments to Odysseus)

Interest will be calculated again on November 12, 2006.

[P]Mitt November 5 2006 6:43 PM EST

Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Odysseus) $200000 6:42 PM EST

2.4M remaining. I'll hold off on the future payments until I can accrue a large enough sum, then send it before the next interest day :)

[P]Mitt November 11 2006 12:59 PM EST

Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Mishras Factory) $2000000 12:59 PM EST

400k remaining :)

[P]Mitt November 12 2006 6:19 PM EST

Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Odysseus) $100277 6:16 PM EST

400,000 - 100,277 = 299,723

299,723*1.04 = 311,712 remaining. (money was transferred exactly one week ago, minus 9 minutes (which means I scraped the cash in at 167.85 hours - a week is 168 hours) :)

[P]Mitt November 16 2006 12:30 AM EST

Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Odysseus) $311712 12:28 AM EST

Paid off. Please Send the DBs to Mitt :)

Total amount paid: 2,611,989.
Effective interest: 4.47956%.

Thanks!

Sir Leon [Soup Ream] November 16 2006 7:20 AM EST

Deal concluded. Thanks.
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