Company History

Block Ship and Ammunitions Corporation (BSAC) was founded in May 2006 and became a publically traded corporation in August 2006. Its original goal was to manufacture affordable frigates and medium ammunitions for sale in the Metropolis Region. Our initial operational budget was 448 M ISK.

November 2006
BSAC surpassed the one billion mark and launched a the "Kali Hurricane Fund" public offering.

January 2007
Third public offering - The original Mineral Reserve. First eve corporation to issue capital gains as shares.

April 2007
Fourth public offering - Capital Ships Fund (4.9 Billion ISK raised). A novel BPO Trustee system is implemented.

October 2007
BSAC NAV at 25 Billion ISK. The Mineral Reserve shares are listed in RESX.

December 2007
Fifth public offering - Mineral Manipulation Fund (MinMa). Shares sold in 20 Billion ISK batch per month.

February 2008
BSAC breaks the 100 Billion NAV mark.

May 2008
BSAC Preferred Stock liquidated at 56,450.00 ISK per share. 10,000 ISK IPO with over 4 Billion ISK dividends.

October 2008
Capital Ships Fund Orca Expansion.

December 2008
The original Mineral Reserve is liquidated. Projected final share price: 1,698.27 ISK.

February 2009
Sixth public offering - Mineral Indices. Eve's first 100% liquid shares and solely electronically traded.

April 2009
Ice Products Indices launched in partnership with DTRUK and eVaLF.

May 2009
NAV breaks 400 Billion ISK mark. Mineral Reserve Dollar (MRD) standard is created - Eve's first commodity dollar.

August 2009
Ice Products Indices liquidated.

September 2009
BSAC Real Time Exchange goes Beta! - registered shares introduced to eve.

January 2010
BSAC adds non-BSAC stocks to the Exchange. AATP, CRCH, REPS, and JIDSALE added to the Exchange.

May 2010
Stock Exchange crashed and backups failed. Accounts rolled back to March 24.

September 2010
Cash Reserve Opens.