[User Complaint] @Obblebobble

Discussion in 'Complaints Archive' started by ldw116, Mar 30, 2016.

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  1. ldw116

    ldw116 Builder
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    Accused Username:
    Complaint:
    Scamming (profiting from my investment more than he should have).

    Ok, so I have a 235k investment in VoE.

    It is loaned to @FuryFudge , a member of VoE.

    It was due in January. One month of late fees and it was due end of feb. Now it is nearly 2 months late, I have no problem with this , (the lateness) except that Obble has decided that Fury can have unlimited extensions for almost free.

    The condition of these extensions is that Fury must keep the books for VoE

    This is wrong on multiple levels.

    1st Obblebobble has gained an asset, and this had made profit, however he has stated that I may not have my 12% that I am owed.

    2nd Fury gets unlimited time because he is friends with Obble.
    Evidence:
    The evidence is in a forum convo owned by obble
    Additional Information:
    @FuryFudge @265 / @eekelmo @Nicit6 please do not handle this.

    @ClarinetPhoenix @UnitedStates2 are informed on the situation.
     
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    #1 ldw116, Mar 30, 2016
    Last edited: Mar 30, 2016
  2. ldw116

    ldw116 Builder
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    as·set
    ˈaset/
    noun
    1. a useful or valuable thing, person, or quality.
    Profit
    verb

    1. 1.
      obtain a financial advantage or benefit,
    obblebobble gained a valuble person, which is a benefit
     
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    #2 ldw116, Mar 30, 2016
    Last edited: Mar 30, 2016
  3. eekelmo

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    I will not be handling this, but I do not want to see a repeat of the previous complaint. There are to be no irrelevant posts here at all, forum warnings will be handed out to those that break this rule.
     
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  4. ldw116

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    Let me further explain how a book keeper is profit.

    Well he is a worker, doing a job that obblebobble would normally have to do.

    So let's say he does 5 hours of work a week. This is unfair on three levels.

    In those 5 hours he could have gained enough to pay off 50k in debt.

    And

    Obblebobble is free to use those hours to mine or farm and earn money, further creating profit

    Finally,

    If Obble lets this go for years, effectively he has a free 235k +
     
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  5. Alarah

    Alarah ECC's Newest Sponsor!
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    Unfortunately you have not provided enough concrete evidence that an agreement has been broken, or terms changed without permission. Please provide un-cropped screenshots, and or links to any contract or agreements you may have with the accused, so we may proceed.

    This will remain open for 24 hours to allow collection of evidence, at which time we will proceed. Thank you.
     
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  6. Obblebobble

    Obblebobble Vault of ECC - Founder
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    This complaint is technically invalid currently. I know you don't have proof of these payments but that's alright. Please don't dismiss the complaint on those grounds @Alarah

    "Obblebobble has gained an asset, and this had made profit, however he has stated that I may not have my 12% that I am owed."
    I don't remember saying anything along the lines of not giving your 12%. Not even sure where this figure is from. If you mean interest from FuryFudge loan. I'm happy to cover that.

    Here is my resolution.

    We've decided that it would be in everyone's best interest for this issue to simply be resolved. Given the fact you are currently banned, we obviously cannot pay you in game. Therefore we're willing to waive $280,000 of your debt to us ($235,000 + $45,000 in interest/extra payments), which you would be required to pay to us upon your appeal anyway. This is more than the 12% you've asked for and we hope you find it a suitable compromise.

    This is my only post (and offer) on this complaint and I will not post further unless absolutely needed. I don't want a repeat of last time.

    Thankyou @ldw116 and @Alarah
     
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    #6 Obblebobble, Mar 30, 2016
    Last edited: Mar 30, 2016
  7. ldw116

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    https://www.ecocitycraft.com/forum/threads/contract-235-000-investment.141404/

    https://www.ecocitycraft.com/forum/threads/contract-800-000-loan.14169/

    @Alarah @Obblebobble has stated that I have this investment and it is ALL loaned to fury fudge.

    In regards to @Obblebobble 's offer, lets do math! xD

    235000/800000 = .29375 =29.375% (percent of Loan funded by me)

    Initial interest = 400k
    Initial late fees = 30 × 7500 = 225000

    Total = 625000

    625000 × .29375 = 183,593.75

    183,593.75 × .4 (my percent of the percent of the loan = 73,437.5 ecd

    This does not include the money generated by the book keeper

     
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  8. ldw116

    ldw116 Builder
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    Point is, at a minimum I am owed 235k +73,437.5 + (235/800)(.4)(Fury the Asset) or 11.75% of Fury
     
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  9. ldw116

    ldw116 Builder
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    That is after he pays.
     
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  10. Obblebobble

    Obblebobble Vault of ECC - Founder
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    My offer is final. I earn $0 in game (I don't farm/mine/etc). We can't value the work FuryFudge does for us.

    Let's not keep saying you own or earn a % of FuryFudge. He's a person. I cannot pay out interest until FuryFudge repays his loan, my offer is fair and final.
     
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  11. ldw116

    ldw116 Builder
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    Look I appreciate the offer, but it has nothing to do with the complaint.

    @FuryFudge how long do you spend a week doing the books
     
  12. FuryFudge

    FuryFudge IDK ask Fury
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    What has that got to do with anything? obble values my work enough to give extensions, I don't feel I need to tell you exactly what that entails.

    Also I don't quite understand why you keep saying you are entitled to "12%" of me, why?
     
  13. ldw116

    ldw116 Builder
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    Math : I ldw am entitled to 40% of all profit generated with my money.

    235/800 = about 30 %

    40% of 30% is 12%
     
  14. ldw116

    ldw116 Builder
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    So @FuryFudge I ask

    How much have you payed

    How many hours a week do you spend working for VoE
     
  15. FuryFudge

    FuryFudge IDK ask Fury
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    Ask obble, this complaint is directed at him and he knows this information. I'll leave it up to him now.
     
  16. ldw116

    ldw116 Builder
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    @Obblebobble how many hours a week goes Fury do work for VoE?
     
  17. ldw116

    ldw116 Builder
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    How much of your debt have you payed?
     
  18. Obblebobble

    Obblebobble Vault of ECC - Founder
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    He currently doesn't do weekly work.

    Overall since his loan was late he has probably done 12 hours of work, this was organizing the new sheet as well as various other organisation requirements.

    He has paid off $610,000 out of $1,200,000 I believe.
     
  19. ldw116

    ldw116 Builder
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    Ok so fury has payed 610000/1425000 when is hoods due date?

    In response to 12 hours

    12hrs = your 60% so the investors should get 8 hours total 29.375% of which being mine.

    Fury do you own a startool?
     
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  20. Obblebobble

    Obblebobble Vault of ECC - Founder
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    I'm saying nothing further on the matter. Please allow staff to handle this.

    We can't possibly give his work a monetary value. He was given an extension. Every extension that I've ever given without late fees cannot be translated to monetary value. It's just a friendly extension and he was doing work for us too.

    Please allow staff to handle this. Thanks.
     
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