Ironworks Gaming Forum - Ironworks Gaming is in negotiations

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Fred's Underwear Drawer - LOL, you have no idea how funny you are sometimes Magik [img]redface.gif[/img] [img]smile.gif[/img]

Seriuosly Dan - just adding my support to what everyone is already telling you - sell, and be happy in your choice.

I am going to be a little surprised if they don't have some clauses that limit Dan pinching the entire clientele back with a simple name change. I would have thought that anyone paying that much would have considered the possibility. Maybe the are banking on at least a certain percentage of brand loyalty.

Quote:

Originally posted by Dundee Slaytern:
Eh? Given a 3.75% yearly interest rate of a savings account( being very generous here already). That gives us $37,500 per year, or $3,125 a month.

That is roughly $100 a day from $1,000,000, so that gives us $200 a day from $2,000,000, under the assumption that Ziroc spends $1,800,000 on himself and others first.

Still a sweet deal, but a far cry from $300 a day from $1,000,000.

Anyhoo, I think people should follow the adage...

...Don't count your chickens until they have hatched. [img]smile.gif[/img]

Let us try to help Ziroc discuss the details first, then celebrate when and if Ziroc gets the money. Any pro accountants/businesspeople here?

Last time I did any calculations on this it was based on 5% interest.
Thats what American banks paid for savings accounts last I knew. For large amounts they pay even more. There are numerous schemes he could put his money into in the bank and make even more. 10% interest wouldnt be out of the question if it went into the program.

i worked out a few years ago at 5% interest with 20 million you'd get 1 million interest a year. all youd have to do is make sure your interest doesn't drop below 5% and you'd be 1 mil richer a year. if you haven't gue4ssed already my goal in life is to get 20 mil or over :D