Do you know that for sure, or just worried about that being the case (same here btw)?
I'm just worrying about that, based on voices in hvl thread.
Topic: [HAVELOCK] CasinoBitco.in CBTC - page 4. (Read 149327 times)
I'm just worrying about that, based on voices in hvl thread.
Is there a way for you to do a buyout outside havelock? I'm afraid that's impossible to withdraw from there.
Do you know that for sure, or just worried about that being the case (same here btw)?
Is there a way for you to do a buyout outside havelock? I'm afraid that's impossible to withdraw from there.
Update
Kind of glad you posted it here since I haven't subscribed to havelock updates in ages to few listings the era of btct bitfunder and hav passed away ages ago etc.
Either way I'll be observing for a listing on the TSX Venture a few years down best of luck on your development since the whole history of cavirtex shares then getting nommed by Kraken reminds me of the issues that can occur with new listings.
Hopefully it ends up better for those who invest though as they will have voting shares and be listed as a member.
Out of curiosity is there a minimum a share is at 150 satoshi's so having an observing stake may be nice
฿0.00000150
Hopefully we can safely retrieve our BTC from Havelock after. 
Update
I’ve hesitated to put this on Bitcointalk.org for a variety of reasons; however, we have been going under some organizational changes since late 2016 and are restructuring the company formally known as CBTC on Havelock Investments accordingly.
To start, we have been pitching a private equity partnership to various Institutional Investors in North America, and I’m happy to say that we have been accepted (and are currently listed) on TheOCMX, Canada’s largest and most exclusive private equity marketplace.
In the four weeks we've been live on TheOCMX, we have been able to secure 20% of the capital we need to continue to operate and advance the company. I’m now posting the details here for full transparency even though it's been on our Twitter and Facebook profiles for several weeks.
Why not an ICO?
We considered an ICO, but felt like that would immediately discourage institutional investors from participating. Our goal is to eventually list on the CSE or TSX Venture exchange down the road (~5 years), so having institutional investors with IPO experience is ultimately desired and necessary. The moving target in the price of bitcoin also makes any ICO today a difficult feat to pull off today.
What about Havelock?
Around 6 months after we launched, we put 10% of our project up for a Virtual IPO on Havelock Investments. In total, we raised ~500 bitcoin valued at that time around USD $50,000. This capital was put into further product development and marketing initiatives nearly immediately, so we did not catch the price bubble in 2014.
In the past 18-24 months, Havelock Investment traffic and liquidity has suffered drastically due to a variety of internal and external reasons, all which can be found if you do some research. Let me be very clear that we valued the opportunity to raise capital on Havelock Investments, but it’s no longer a viable medium for us to advance to the next stage we desire.
You'll notice there are 30,000,000 units of CBTC on Havelock, that is 100% of the company - principals and owners own over 88% of those units in total. There are ~650 unitholders on Havelock for this fund. When we complete this round of investment we will be buying back all non-management units (at a fair price tbd) on Havelock and closing our fund.
Further interest
It’s not easy to get onto TheOCMX, we did our homework here - we have a detailed pitch, PPM, roadmap, historic and projected P&Ls which showcase our various verticals (Sportsbook, Casino, B2B Wholesale Operations, Peer 2 Peer Revenue, etc). If you are interested in learning more you can check out TheOCMX, or send me a note directly as the opportunity on TheOCMX is non-exclusive so you don’t need to go through them to participate.
Because of our organizational structure, the minimum to invest is US $12,500, and based upon where you reside you may need to be considered an Accredited, or Sophisticated, Investor to participate.
Anyone that invests will be added as a member of the company and have full voting rights according to the shares they own. If you have an interest in participating but want to remain discreet we can work something out as well, but please contact me directly.
I’ve hesitated to put this on Bitcointalk.org for a variety of reasons; however, we have been going under some organizational changes since late 2016 and are restructuring the company formally known as CBTC on Havelock Investments accordingly.
To start, we have been pitching a private equity partnership to various Institutional Investors in North America, and I’m happy to say that we have been accepted (and are currently listed) on TheOCMX, Canada’s largest and most exclusive private equity marketplace.
In the four weeks we've been live on TheOCMX, we have been able to secure 20% of the capital we need to continue to operate and advance the company. I’m now posting the details here for full transparency even though it's been on our Twitter and Facebook profiles for several weeks.
Why not an ICO?
We considered an ICO, but felt like that would immediately discourage institutional investors from participating. Our goal is to eventually list on the CSE or TSX Venture exchange down the road (~5 years), so having institutional investors with IPO experience is ultimately desired and necessary. The moving target in the price of bitcoin also makes any ICO today a difficult feat to pull off today.
What about Havelock?
Around 6 months after we launched, we put 10% of our project up for a Virtual IPO on Havelock Investments. In total, we raised ~500 bitcoin valued at that time around USD $50,000. This capital was put into further product development and marketing initiatives nearly immediately, so we did not catch the price bubble in 2014.
In the past 18-24 months, Havelock Investment traffic and liquidity has suffered drastically due to a variety of internal and external reasons, all which can be found if you do some research. Let me be very clear that we valued the opportunity to raise capital on Havelock Investments, but it’s no longer a viable medium for us to advance to the next stage we desire.
You'll notice there are 30,000,000 units of CBTC on Havelock, that is 100% of the company - principals and owners own over 88% of those units in total. There are ~650 unitholders on Havelock for this fund. When we complete this round of investment we will be buying back all non-management units (at a fair price tbd) on Havelock and closing our fund.
Further interest
It’s not easy to get onto TheOCMX, we did our homework here - we have a detailed pitch, PPM, roadmap, historic and projected P&Ls which showcase our various verticals (Sportsbook, Casino, B2B Wholesale Operations, Peer 2 Peer Revenue, etc). If you are interested in learning more you can check out TheOCMX, or send me a note directly as the opportunity on TheOCMX is non-exclusive so you don’t need to go through them to participate.
Because of our organizational structure, the minimum to invest is US $12,500, and based upon where you reside you may need to be considered an Accredited, or Sophisticated, Investor to participate.
Anyone that invests will be added as a member of the company and have full voting rights according to the shares they own. If you have an interest in participating but want to remain discreet we can work something out as well, but please contact me directly.
Can you please show the trade showing all bitcoins exchanged for the 50K
Great update
Update
I’ve hesitated to put this on Bitcointalk.org for a variety of reasons; however, we have been going under some organizational changes since late 2016 and are restructuring the company formally known as CBTC on Havelock Investments accordingly.
To start, we have been pitching a private equity partnership to various Institutional Investors in North America, and I’m happy to say that we have been accepted (and are currently listed) on TheOCMX, Canada’s largest and most exclusive private equity marketplace.
In the four weeks we've been live on TheOCMX, we have been able to secure 20% of the capital we need to continue to operate and advance the company. I’m now posting the details here for full transparency even though it's been on our Twitter and Facebook profiles for several weeks.
Why not an ICO?
We considered an ICO, but felt like that would immediately discourage institutional investors from participating. Our goal is to eventually list on the CSE or TSX Venture exchange down the road (~5 years), so having institutional investors with IPO experience is ultimately desired and necessary. The moving target in the price of bitcoin also makes any ICO today a difficult feat to pull off today.
What about Havelock?
Around 6 months after we launched, we put 10% of our project up for a Virtual IPO on Havelock Investments. In total, we raised ~500 bitcoin valued at that time around USD $50,000. This capital was put into further product development and marketing initiatives nearly immediately, so we did not catch the price bubble in 2014.
In the past 18-24 months, Havelock Investment traffic and liquidity has suffered drastically due to a variety of internal and external reasons, all which can be found if you do some research. Let me be very clear that we valued the opportunity to raise capital on Havelock Investments, but it’s no longer a viable medium for us to advance to the next stage we desire.
You'll notice there are 30,000,000 units of CBTC on Havelock, that is 100% of the company - principals and owners own over 88% of those units in total. There are ~650 unitholders on Havelock for this fund. When we complete this round of investment we will be buying back all non-management units (at a fair price tbd) on Havelock and closing our fund.
Further interest
It’s not easy to get onto TheOCMX, we did our homework here - we have a detailed pitch, PPM, roadmap, historic and projected P&Ls which showcase our various verticals (Sportsbook, Casino, B2B Wholesale Operations, Peer 2 Peer Revenue, etc). If you are interested in learning more you can check out TheOCMX, or send me a note directly as the opportunity on TheOCMX is non-exclusive so you don’t need to go through them to participate.
Because of our organizational structure, the minimum to invest is US $12,500, and based upon where you reside you may need to be considered an Accredited, or Sophisticated, Investor to participate.
Anyone that invests will be added as a member of the company and have full voting rights according to the shares they own. If you have an interest in participating but want to remain discreet we can work something out as well, but please contact me directly.
I’ve hesitated to put this on Bitcointalk.org for a variety of reasons; however, we have been going under some organizational changes since late 2016 and are restructuring the company formally known as CBTC on Havelock Investments accordingly.
To start, we have been pitching a private equity partnership to various Institutional Investors in North America, and I’m happy to say that we have been accepted (and are currently listed) on TheOCMX, Canada’s largest and most exclusive private equity marketplace.
In the four weeks we've been live on TheOCMX, we have been able to secure 20% of the capital we need to continue to operate and advance the company. I’m now posting the details here for full transparency even though it's been on our Twitter and Facebook profiles for several weeks.
Why not an ICO?
We considered an ICO, but felt like that would immediately discourage institutional investors from participating. Our goal is to eventually list on the CSE or TSX Venture exchange down the road (~5 years), so having institutional investors with IPO experience is ultimately desired and necessary. The moving target in the price of bitcoin also makes any ICO today a difficult feat to pull off today.
What about Havelock?
Around 6 months after we launched, we put 10% of our project up for a Virtual IPO on Havelock Investments. In total, we raised ~500 bitcoin valued at that time around USD $50,000. This capital was put into further product development and marketing initiatives nearly immediately, so we did not catch the price bubble in 2014.
In the past 18-24 months, Havelock Investment traffic and liquidity has suffered drastically due to a variety of internal and external reasons, all which can be found if you do some research. Let me be very clear that we valued the opportunity to raise capital on Havelock Investments, but it’s no longer a viable medium for us to advance to the next stage we desire.
You'll notice there are 30,000,000 units of CBTC on Havelock, that is 100% of the company - principals and owners own over 88% of those units in total. There are ~650 unitholders on Havelock for this fund. When we complete this round of investment we will be buying back all non-management units (at a fair price tbd) on Havelock and closing our fund.
Further interest
It’s not easy to get onto TheOCMX, we did our homework here - we have a detailed pitch, PPM, roadmap, historic and projected P&Ls which showcase our various verticals (Sportsbook, Casino, B2B Wholesale Operations, Peer 2 Peer Revenue, etc). If you are interested in learning more you can check out TheOCMX, or send me a note directly as the opportunity on TheOCMX is non-exclusive so you don’t need to go through them to participate.
Because of our organizational structure, the minimum to invest is US $12,500, and based upon where you reside you may need to be considered an Accredited, or Sophisticated, Investor to participate.
Anyone that invests will be added as a member of the company and have full voting rights according to the shares they own. If you have an interest in participating but want to remain discreet we can work something out as well, but please contact me directly.
Following
For real unit holders, I can tell you that we are working on closing a variety of initiatives that have impacts with us listing on Havelock Investment, and our long-term goals. Until those close - we are not authorized to share a financial statement for Q4 2016.
Good luck!
If you lose 30 BTC per quarter, why do you still run the casino? Your design is extremely old fashioned, 10 years ago bookie. Normal players don't play here.
Add dice + Promo = better than losing 30 BTC a quarter.
I can appreciate the trolls, it's what makes this forum most fun. We didn't lost 30 btc this quarter, or any in recent history.
For real unit holders, I can tell you that we are working on closing a variety of initiatives that have impacts with us listing on Havelock Investment, and our long-term goals. Until those close - we are not authorized to share a financial statement for Q4 2016.
Also, PSA - We are hiring a community relations manager who will manage contact on this forum, reddit, twitter, and facebook. If you're interested, please contact me via PM.
If you lose 30 BTC per quarter, why do you still run the casino? Your design is extremely old fashioned, 10 years ago bookie. Normal players don't play here.
Add dice + Promo = better than losing 30 BTC a quarter.
If you lose 30 BTC per quarter, why do you still run the casino? Your design is extremely old fashioned, 10 years ago bookie. Normal players don't play here.
Can't access the spreadsheets right now. I've sent an access request.
Well done!
Looks like November was a pretty good month for the sportsbook. Is that due to improved traffic, or a one-off event?
Thanks for always taking a look! We did in fact have a solid November, primarily due to better logic in our Sportsbook for Risk Management that worked in our favor, as well as increased traffic (SEO is improving, cheers!).
We're looking to close the year strong with a solid December, will have our Q4 and yearly report out shortly after the New Year.
Looks like November was a pretty good month for the sportsbook. Is that due to improved traffic, or a one-off event?
I would be really careful about this. Looking at majestic.com/ahrefs.com report, it seems like they're just shoveling a lot of low quality spam backlinks at you. You're throwing a lot of money at them for this (average ~$1k/month?), and it has a huge potential to backfire (google isn't as stupid as it used to be) or produce no results. If that happens, you have the mess to clean up and they will still have your money.
FWIW I don't think SEO is that important in this industry -- I mean, my casino done ~42.5k BTC volume in the last 30 days with virtually zero traffic from search engines (except direct matches on "bustabit" or the like). Although, perhaps I'm missing out from the fountains of free money, but if I was in your situation, I'd be focusing a lot more on design and differentiation.
Hey Ryan, always good to hear from you!
As mentioned in previous post, the links you're seeing are actually from us (amateurs) when trying to go about SEO ourselves earlier in the year. The new firm who we've been working with for about 4 months recognized this as a problem right away and is working to clean them up and acquire better quality links. They stressed it'll take time, so I just hound them weekly for progress to make sure they aren't just milking the clock.
Bustabit is such a unique game and clearly 'caught fire' with the community who has done an awesome job promoting it throughout various channels, big time credit to you for that. We've always tried to differentiate ourselves from the off the shelf 'casinos in a box' but know we still have a lot of room to improve there. In fact, we literally created "bitcoin rush" as a way to get the micro players to the site who could help promote the Sportsbook and Casino, but we no doubt didn't execute on the marketing side of that once we launched. Couple that with the fact we're the only bitcoin casino and sportsbook which is giving away mBTC daily just for playing on the site (comps based on handle), and I think we all still struggle to understand why we haven't had the success our competition in this sector has?
I'd love to pick your brain some more if you're open to it, give me a PM sometime and we can continue the conversation on Skype.
They are absolutely wasting their money with their "SEO" firms. It's been the same with the previous ones, as well. None of them have really shown any effect, and if they knew what they were doing, CBTC would be way up there in the SERPs already. As far as I can tell, they're using automated/blackhat methods to try and earn money while doing as little as possible. Which is not only the wrong approach due to sandboxing, but it's the worst way to climb in the rankings regardless.
Hey Guys, thanks for the feedback - it's always appreciated, especially from folks that are in the business.
The links you're seeing there are NOT from our current SEO provider, but actually from a previous effort of doing SEO ourselves via cheap methods (blackhat forums, etc). Clearly, that didn't work and is backfiring. The firm we are using now is assisting with clean the old links up - while also getting better (quality) links in, amongst other on-site SEO. This process will take time and care, trust that I'm about as impatient as it comes, and continually nag our relationship manager on a weekly basis.
Q3 2016
Q3 Revenue -11.79 btc
Q3 Expenses -19.29 btc
————————————
Q2 Profit (Loss) (-31.08) btc
Q3 Revenue -11.79 btc
Q3 Expenses -19.29 btc
————————————
Q2 Profit (Loss) (-31.08) btc
You've done a good job at keeping expenses down, well done. But as potential investor, I wonder how much runway you guys still have left? Do you release cash on hand information, or something?
Quote
- SEO remains are biggest area of opportunity. We are working very closely with the firm responsible for this; and while we have seen a drop in rankings across the board, the firm has reassured us this is expected and we should start to realize our investments in the December 2016 timeframe.
I would be really careful about this. Looking at majestic.com/ahrefs.com report, it seems like they're just shoveling a lot of low quality spam backlinks at you. You're throwing a lot of money at them for this (average ~$1k/month?), and it has a huge potential to backfire (google isn't as stupid as it used to be) or produce no results. If that happens, you have the mess to clean up and they will still have your money.
FWIW I don't think SEO is that important in this industry -- I mean, my casino done ~42.5k BTC volume in the last 30 days with virtually zero traffic from search engines (except direct matches on "bustabit" or the like). Although, perhaps I'm missing out from the fountains of free money, but if I was in your situation, I'd be focusing a lot more on design and differentiation.
They are absolutely wasting their money with their "SEO" firms. It's been the same with the previous ones, as well. None of them have really shown any effect, and if they knew what they were doing, CBTC would be way up there in the SERPs already. As far as I can tell, they're using automated/blackhat methods to try and earn money while doing as little as possible. Which is not only the wrong approach due to sandboxing, but it's the worst way to climb in the rankings regardless.
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