I need a different perspective.

[Misc]

I posted this over at PTP, but I felt I would like a different perspective. I would appreciate anyone's comments here.

I have only been at PTP for a few months and have received a very warm welcome and appreciate it wholeheartedly. After investing a couple of hundred in BAPs and MAD, I started running a couple of stakes, and then opened my first BAP for $600. It sold out much faster than I expected, and I had additional investors inquiring about my future action before I even began playing for my first BAP. After a succesful run, I opened my second BAP with a higher BR of $1,150 to accomodate new investors.

This kept continuing, as previous investors wanted to continue to participate in my action and new investors wanted to invest. Next it was a $2,500 BR, then a $4,500 BR. I have managed them all successfully from start to finish and shipped back all of them promptly when the BAP closed. Fortunately, all of them have profitted.

I have a somewhat loyal investor base (except for one BAP with a different plan that is still unsold), and I have remained loyal to them in my time here. I also have some investors that would like to participate in my future action, who have been unable to get shares reserved in my previous BAPs. This would likely require a larger BR again, and playing for a longer period of time or at higher levels again.

I am comfortable handling the size of the bankrolls. I am comfortable playing at the levels I am playing and am confident to move up to a higher level. However, I am not sure I am offering the best value for my investors.

The bigger the BR gets, the more dilluted the profits are. I am a BR nit and a CAKE adverse horse. I offer cake, but don't ever want to owe it. So, when a downswing occurs, I shift games and levels rapidly to prevent a disaster. That is why I have always grinded my BAPs back into profit and included an extension clause if the BR was negative when the original BAP volume/timeframe was met.

For example, when my $4,500 BAP got negative $800 at one point, I quickly dropped and changed games to grind some back. I never really needed the whole $4,500, luckily we recovered. My other BAPs were similar, in that the BAPs got into profit quickly, and the BR was there as a cushion against any possible downswing that never occured.

This is not a brag thread. I have been fortunate to get off to such a good start here at PTP. I felt it necessary to describe my history, so I can get to my point.

Instead of going with a bigger bankroll with a longer timeframe, I am leaning more toward the type of horse I wanted to be when I first got here. I feel there are not enough one week or less SNG BAPs being offered in the BAPs area. If I put up a BAP like my first one for example, where I raised $600, for 50 buyins for $12 45-man games, to play 100 games in one week or less. I will not be able to sqeeze all of my previous investors into that BR, let alone be able to attract any new investors.

So, I am thinking of removing the extension clause from my BAPs and not being so afraid of cake anymore. I will still run low risk BAPs, but if they end down, they end down. Cake will be owed until my next BAP or stake with those investors.

My main question is, what is the best way to handle this? Which investors should get priority to invest in my future smaller BAPs? Should it be on a first-come, first served basis? Should I give preference to investors who have been there since my very first BAP? What about investors who were in my most recent BAPs? Fortunately, I do not owe anyone cake right now, but with a new plan like this, I can see a time where cake could be owed. What about future cake holders, should they get precendence over any other investors past or present?

I am thinking of doing it on a first come, first served basis, and then once a month (or once every two weeks) I will hold a "cake holders only" BAP. The reason I am leaning this way is because I anticipate my next run of BAPs to be short term 1-7 day ventures that would require timely transfers. I would not want to be delayed by a couple of days waiting for a previous investor to see the ad. My theory being that quick hit short term BAP investors want to ship now and get their money back with profit in an hour.

What is my obligation here? Or at the very least, what is the best way to proceed if I am planning on running smaller, shorter term, BAPs than I have been?