This comparison is exactly what I was thinking- even this heavily subsidized project is approximately half of TSI projected cost.
This input is progress and valuable for me. Thank you both. I sense we all have the same mission — to implement a floating community. I am not expert in casinos. So I will set this aside. I know of no analysis of a “platform” at $500 / SF other than a 14-level cruise ship (hull). This is one of the catastrophic errors of the TSI effort. It I suspect is the reason Peter Thiel pulled out. ---- If we have the same objective to created floating communities, I ask you to suspend judgement on my in put and consider I may be right.
Here is my life experience. I have raised $50 million in equity and borrowed $400 million from J.P.Morgan to build Atlas Park in Glendale, Queens, NY; $100 million to build Goodwin Square in Hartford CT and $100 million to build 1.0 million square feet of mixed use called Somerset Square, in Glastonbury, CT — among other projects. Please accept the possibility that I might see something that otherwise in the seasteading community do not. I admit I am stalled — I am trying to finance an “incubator” at the moment ---- land cost is a problem. Ted
…hmm - if such catastrophic errors exists, it would not be polite to discuss them in detail on a TSI forum…especially not in a moment when they are reaching out for investors…
… and what would the upside of doing so be ?
I know who you are…i have google…your qualification has never been in question …
i would not dare to question the solid base of your input .
I only hope that we can keep what needs to be talked - in private - in the boardrooms… where such discussions belong - not out in the public - pls note that this is a “public thread”.
I know that you are right…i have no doubth about it.
Because people “driving by” (including your notional “investors”) shouldn’t be discouraged by seemingly universal sycophantic agreement with fantasy. If the emperor has no clothes, someone needs to say so.
Real Estate Paradigm Shift | oceanic business alliance | oceanic real estate | floating real estate |
I am new to the swirl of communication. I regret I am trying to share knowledge from which all might benefit — including TSI investors — if knowledge is not polite in the public square, I will go off line. I am reminded of the Confederacy of Dunces. published in the 1980’s, 10-years after the suicide of the author. I believe a sea stead is feasible ---- I serious thinking is applied. ted
Please do not give up on the forum completely. Wilfried Ellmer is not a forum administrator, does not speak for TSI, and does not speak for the general Seasteading community of Interest.
I agree — the emperor has no clothes — but there are clothes yet to be worn – Ted
@tamenta, As a professional in the industry, perhaps reaching out to International Marine Floatation Systems Inc. (IMFS) who designed and engineered that platform, is an option for you in a way that it is not really an option for dilettantes and amateurs such as myself.
This said by a “random person” would not mean a lot.
But said by Theodore M. Amenta THIS means SOMETHING - the global elites should hear it…and rise an eyebrow about it…
These are some good recommendations.
Also +1 for keeping this on topic, while the rest of the people took the usual road - off topic bickering and day dreaming.
This topic was about investing in stock market which does not require anyone to be an accredited investor.
And forex is not speculative? I asked for stock for one reason - so that we could invest in companies that can help seasteading. When they grow, they will have more money to invest back into marine economy which will be good for us. Forex just like Bitcoin and other “coins” is even bigger casino than stocks are.
I did not ask for opinion from people sitting in the boardrooms, just for some recommendations if anyone has them.
If they are not on the stock market I’m not interested.
There are a lot of "random’ people on the internet, but I like to read all of their opinions because more often than not people here are much smarter than me. I don’t claim to have all of the solutions to all of our problems like you do, and this is why I ask “random persons”, hoping that some of them will share their knowledge with me. That’s how I grow as a person.
What makes you think that I did not google that term?
Wilfried Ellmer makes many unsubstantiated claims, posts outright false information, misrepresents images, and runs multiple websites geared to putting money into his pockets. He has never brought a single ‘investor’ to the table in this forum, has no publicly traded stocks or bonds, etc.
There is no publicly traded seasteading stock. It seems unlikely that there will be. Do you mean other related industries and companies that may get bigger if seasteading becomes common?
[quote=“6d6b73, post:38, topic:2119”]
And forex is not speculative?.. Forex just like Bitcoin and other “coins” is even bigger casino than stocks are.[/quote]
Not the way I do it. Trading is one way to make a living when you’re out at sea. You come across angry and with a closed mind. I don’t talk about trading very much on here but I will do so now for your benefit. The link below will download 15 monthly broker reports, (like a bank account statement for investments). The monthly reports are all zipped up for easy downloading. Open it and you will find over 3000 trades with one loss, I think in Aug. Over 300% total profit and it was done in 2008-09 during one of the worst financial crashes in history.
Your restrictions were that the stock must be on the stock exchange, which one? Include over-the-counter exchange? Just US? No private offering? There is another way to learn about investment into seasteads without violating SEC rules, members of an investment club may be taught how and where to find these things.
Actually your restrictions make my antenna’s go up. It’s what a Fed would say. But I’m in the clear here. I don’t trade within the US. You see, those records started in April. I knew about the computer programs that give the brokers the edge but I did not know that they could watch for someone winning all the time. By August 2008, there was an announcement from the CFTC (Commodity Futures Trading Commission) that there would be a new rules change in one year and they were taking comments from traders. I protested but was basically told it was happening no matter what the citizens thought. The rule change was that you could no longer close a newer trade if you still had an older one open. It was called first in first out or FIFO. The other restriction added was to eliminate hedge trading. And what a coincidence, those are the two things that my computer program used.
The Federal Government shut me down with their rules. And let me add that the United States is the only country in the whole world that has those restrictions to forex trading. They stole millions in sales of my program to Americans. They pissed me right off. Now I am working to make my own country, a place where the government isn’t in bed with the banks, and making a seastead is the best way to get there. And I have all the motivation I need. The bastards didn’t even offer to by me out. It’s been 8 years and I am still pissed.
Mariusz wrote, “because more often than not people here are much smarter than me” Experience teaches us that it is often smarter to keep our knowledge to ourselves until we can better understand the situation. You can’t fault people living in the US from being a little cagey.
@ForexBob | Bob, i am a networker and i take something good from EVERY project i am in. From the Marinea Boardroom i definitly take your 2 programs the PIG and RISE . For me as international person RISE is even more attractive. Definitly great tools both of them, sadly suppressed by political tainted regulations… this is why seasteading is important… ( my personal opinion ).
… could well be the case … we are on public forum… so i recommend it only for people who are NOT subject to those regulations… … basicly any investment opportunity feds get their hand on with their “regulations” falls back to a yield of never more than 2% on average - and keeps falling… ( S&P 500 - yields ) so becomes “unattractive by default”.
This has to do with the fact, that innovation and potential, key ingredients for growth and return on investment, can not florish in “fed regulated ambients”. So asking for “good investments in fed regulated spaces” is like asking for a circle with corners.
Seasteading is about potential and fast development outside fed regulated spaces…it is about spaces of freedom and innovation… it is about enlightenment and the creation of Galt’s Gulch, New Venice, and New Atlantis… it is about investing into a better future …
The oceanic business alliance is targeting a segment of the global elites that is “quite comfortable without fed regulations”… but that might not be for everybody. At the end one of the Seasteading core values is “everybody can have his way”… on a seastead of his own under rule sets he consents.
So if somebody wants to live his life under fed regulations and dedicate his investment strategies to serve them - he should do EXACTLY that…good luck and blessings from my side …
Thank you again. I visit the site briefly and will return for more specific input. I have been stalled trying to get a Letter of Intent to Lease — (LOI) signed for a major occupancy. I need this for financing — Still months away. Thank you for your help. Ted