Grant: Accepted Komorebi Arms - Grant

[eatean]

Minecraft Username: eatean
Business Name: Komorebi_Arms
Location Of Business (if applicable): Or-sp-22
Business Description: We manufacture and sell our own ammunition at/or below market prices in an attempt to attract arbitrageurs to buy our product in large quantities. In addition, we also manufacture and sell weapons at/or just below market price.
Grant Type: Start-up Grant
Money Requested: 13,000$
OBA Membership (yes or no): No.
Reason: We seek to purchase 15 stacks of iron blocks, redstone blocks, and 8640 gunpowder in bulk.

As iron is our greatest cost in producing ammunition and weapons, purchasing iron at a cheaper, bulk rate, rather than the current market price, will allow us to offer large quantities of cheap ammunition. In addition, some weapons are simply unprofitable and uncompetitive to sell at all with the high cost of iron.

Additional Information: On FontaineStats (as of posting), we are the only shop cheaper than Vernicia who has a current inventory of over 1000 units of shotgun ammo, and the cheapest shop with an inventory of over 1000 units for 556 and 762 ammo.

 

[Rebeliaz8]

Accepted​

Congratulations, your grant application has been accepted, and you will be awarded $13,000. Please send updates here as you spend the money.

 

[eatean]

Bought 2417 iron for $1.15 per ingot, accidentally made 1 anvil (which is why the total iron in the screenshot is only 2386 iron)

Then bought 1728 iron for $1.15 per ingot

Then bought 1368 iron for $1.15 per ingot

Then bought 1728 iron for $1.20 per ingot

Then bought 1500 iron for $1.20 per ingot

In total, bought $10,213.55 worth of iron.

 

[eatean]

Bought 8640 redstone (when uncrafted) or 15 stacks of redstone blocks for $0.50 each

In total, $480 worth of redstone