SBR to auction 30 day 100 point bonds. Your help is needed!

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  • SBR_John
    SBR Posting Legend
    • 07-12-05
    • 16471

    #1
    SBR to auction 30 day 100 point bonds. Your help is needed!
    Due to added expenses for the bash and heavy losses in the sportsbook SBR will auction point bonds. The SBR credit rating is A+. Void where prohibited.

    The bonds will mature 30 days from the day they are purchased at a price of 100 points(July 23rd). The starting bid will be 90 points. We will accept the highest bids on up to 500 bonds. If less than 500 bonds are bid on we will accept all bids at 90 points(even if your bid is higher). If more than 500 bonds are bid on we will accept the highest bids to fill the 500 bond offering.

    Bidding will close July 22nd at 9pm eastern. We will make a post with a list of all successful bidders. Bidders will have until 9pm to transfer their points to complete the purchase.

    State both your bid and amount of bonds you wish to buy in this thread.

    Serious bids and questions only in this thread.
  • playersonly69
    SBR Posting Legend
    • 01-04-08
    • 12827

    #2
    Go ahead and give me some points for knowing that this is a joke
    Comment
    • Waterstpub87
      SBR MVP
      • 09-09-09
      • 4108

      #3
      Current 30 Day LIBOR is .025, I will take 8 at 90. 11% or so in thirty days, a heck of a deal.
      Comment
      • playersonly69
        SBR Posting Legend
        • 01-04-08
        • 12827

        #4
        The main question would be is if the points will have the same value in 30 days!!! I mean if things go up just a little in the store, then this will be worthless. And posters give out better interest than this and they can pay it back in under 10 days
        Comment
        • SBR_John
          SBR Posting Legend
          • 07-12-05
          • 16471

          #5
          There are no plans to raise prices.
          Comment
          • Grits n' Gravy
            Restricted User
            • 06-10-10
            • 13024

            #6
            If it is legit I'll take 10 shares for 900 points if it helps the site.
            Comment
            • Waterstpub87
              SBR MVP
              • 09-09-09
              • 4108

              #7
              Corporate bonds pay a better rate then treasuries, but people still buy treasuries. Knowing you will be paid back is priceless. There were have to be a monthly SBR points inflation of 11% or so to make this a losing proposition.
              Comment
              • Boner_18
                SBR Hall of Famer
                • 08-24-08
                • 8301

                #8
                All 500 will go at 99. Better bid higher than 90 boys.
                Comment
                • Boner_18
                  SBR Hall of Famer
                  • 08-24-08
                  • 8301

                  #9
                  50000 pts to make 500 (at 99) is a no brainer since this is essentially risk free.
                  Comment
                  • str
                    SBR Posting Legend
                    • 01-12-09
                    • 11787

                    #10
                    John,

                    Happy to help out here but I would want a personal guarantee from you and SBR .

                    Too be clear, a no risk loan at a very reasonable rate.

                    Please let me know.
                    Comment
                    • str
                      SBR Posting Legend
                      • 01-12-09
                      • 11787

                      #11
                      Originally posted by Boner_18
                      50000 pts to make 500 (at 99) is a no brainer since this is essentially risk free.

                      Is it ?
                      Comment
                      • yisman
                        SBR Aristocracy
                        • 09-01-08
                        • 75682

                        #12
                        dammit John, you could've posted this before you sent me on tilt at poker

                        Originally posted by Boner_18
                        50000 pts to make 500 (at 99) is a no brainer since this is essentially risk free.
                        Almost nothing is actually risk-free and how many people actually have 50,000 points of their own?
                        [quote=jjgold;5683305]I win again like usual
                        [/quote]

                        [quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]
                        Comment
                        • minet123
                          SBR Posting Legend
                          • 02-17-07
                          • 10280

                          #13
                          John i have repeatedly told you
                          "never take any of Loshacks Special headache pills"
                          Comment
                          • CanuckG
                            SBR Posting Legend
                            • 12-23-10
                            • 21978

                            #14
                            Comment
                            • seaborneq
                              SBR Posting Legend
                              • 09-08-06
                              • 22556

                              #15
                              I can't buy a samsung galaxy tab yet so I will buy in 90 shares at 95 points each. 8550 points. SBR John do what it takes to survive.
                              Comment
                              • sweep
                                SBR Posting Legend
                                • 10-09-10
                                • 16753

                                #16
                                junk bonds
                                Comment
                                • opie1988
                                  SBR Posting Legend
                                  • 09-12-10
                                  • 23429

                                  #17
                                  Originally posted by sweep
                                  junk bonds

                                  Uhhhh....this is awkward. Unfortunately this offer isn't available to brokedikk fukks at this time. Pros only. We just didn't see the value in selling bonds to brokedikk fukks for 2 points a day.

                                  Maybe next time!
                                  Comment
                                  • ZetaPsi808
                                    SBR Posting Legend
                                    • 09-18-08
                                    • 12119

                                    #18
                                    are we allowed to bid multiple times?
                                    Comment
                                    • Gruntworker
                                      SBR Wise Guy
                                      • 02-12-11
                                      • 777

                                      #19
                                      Originally posted by seaborneq
                                      I can't buy a samsung galaxy tab yet so I will buy in 90 shares at 95 points each. 8550 points. SBR John do what it takes to survive.

                                      I'm in for the same amount as Seaborneq. 90 shares at 95 points each. 8550 points.
                                      Comment
                                      • yisman
                                        SBR Aristocracy
                                        • 09-01-08
                                        • 75682

                                        #20
                                        10 bonds at 91 points
                                        [quote=jjgold;5683305]I win again like usual
                                        [/quote]

                                        [quote=Whippit;7921056]miami won't lose a single eastern conference game through end of season[/quote]
                                        Comment
                                        • trytrytry
                                          SBR Posting Legend
                                          • 03-13-06
                                          • 23650

                                          #21
                                          this is a funny thread...
                                          Comment
                                          • YorkHunt
                                            SBR Hall of Famer
                                            • 12-11-10
                                            • 7496

                                            #22
                                            SBR

                                            Supercalifragilisticexpeliadocious
                                            Comment
                                            • BIGDAY
                                              SBR Aristocracy
                                              • 02-17-10
                                              • 48245

                                              #23
                                              Just donated 1300pts to the casino.

                                              Just for you pal, Walker thanks me.
                                              Comment
                                              • SBR_John
                                                SBR Posting Legend
                                                • 07-12-05
                                                • 16471

                                                #24
                                                Originally posted by str
                                                John,

                                                Happy to help out here but I would want a personal guarantee from you and SBR .

                                                Too be clear, a no risk loan at a very reasonable rate.

                                                Please let me know.
                                                The bonds are guaranteed by the full faith and credit of SBR(SBR rating A+). I am unable to give any personal assurances.
                                                Comment
                                                • SBR Chris
                                                  SBR Wise Guy
                                                  • 04-25-12
                                                  • 616

                                                  #25
                                                  Isn't this how Greece started?
                                                  Comment
                                                  • shari91
                                                    BARRELED IN @ SBR!
                                                    • 02-23-10
                                                    • 32661

                                                    #26
                                                    80 at 90 points
                                                    Comment
                                                    • Fishhead
                                                      SBR Aristocracy
                                                      • 08-11-05
                                                      • 40179

                                                      #27
                                                      One bond---99 pts


                                                      Comment
                                                      • shari91
                                                        BARRELED IN @ SBR!
                                                        • 02-23-10
                                                        • 32661

                                                        #28
                                                        Fishhead breaks his no posting vow to snatch a deal!
                                                        Comment
                                                        • opie1988
                                                          SBR Posting Legend
                                                          • 09-12-10
                                                          • 23429

                                                          #29
                                                          Originally posted by SBR_John
                                                          The bonds are guaranteed by the full faith and credit of SBR(SBR rating A+). I am unable to give any personal assurances.
                                                          I get my "personal assurance" by knowing you don't want the ass whooping I'll be giving you if this deal goes bad!!

                                                          90 shares at 91 points each, please.
                                                          Comment
                                                          • Fishhead
                                                            SBR Aristocracy
                                                            • 08-11-05
                                                            • 40179

                                                            #30
                                                            Originally posted by shari91
                                                            Fishhead breaks his no posting vow to snatch a deal!



                                                            Wrong, post only in contest or promo threads....wake-up and smell the Foster's.
                                                            Comment
                                                            • Goat Milk
                                                              BARRELED IN @ SBR!
                                                              • 03-24-10
                                                              • 25850

                                                              #31
                                                              Shari I thought SBR staff wasn't allowed to use tokens
                                                              Cause Sleep is the Cousin of Death
                                                              Comment
                                                              • shari91
                                                                BARRELED IN @ SBR!
                                                                • 02-23-10
                                                                • 32661

                                                                #32
                                                                Originally posted by Goat Milk
                                                                Shari I thought SBR staff wasn't allowed to use tokens
                                                                That policy changed well over a year ago
                                                                Comment
                                                                • aceking
                                                                  SBR MVP
                                                                  • 09-07-05
                                                                  • 4782

                                                                  #33
                                                                  Comment
                                                                  • MonkeyF0cker
                                                                    SBR Posting Legend
                                                                    • 06-12-07
                                                                    • 12144

                                                                    #34
                                                                    WTF is this shit?
                                                                    Comment
                                                                    • shari91
                                                                      BARRELED IN @ SBR!
                                                                      • 02-23-10
                                                                      • 32661

                                                                      #35
                                                                      Originally posted by Fishhead
                                                                      Wrong, post only in contest or promo threads....wake-up and smell the Foster's.
                                                                      Sorry I forgot...you'll only post to try to earn free things from forums. Good stuff
                                                                      Comment
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