Topic: [HAVELOCK] CasinoBitco.in CBTC - page 46. (Read 149087 times)

runam0k,
All btc is going into developing CasinoBitco.in and making it more visible via advertising, and increasing our dividend for all Havelock investors, and also increases liquidity. If we take on enough funding privately, we will most likely cancel some or all of the upcoming units. It's just another outlet for funding, and private investors can typically contribute more to the business than just funding.

The best thing we can do is be patient as we've already been putting the btc we raised in September to hard work and are very close to major upgrades. We expect big things for the end of the year & early 2014 as we start advertising the improved site!

Again, totally understand the concern, so PM or Skype if you'd like to discuss.

Another 1.8m shares and possible "private partnerships", worst case scenario for existing shareholders?

CasinoBitco.in's first follow-on IVPO of 600,000 CBTC units sold out today in only 15 minutes!

- As a follow-up, 900,000 additional units will be released at a tentative release price of 0.00014 BTC each. Any remaining units will expire on Monday, November 18th. '

- Assuming successful sellout of the 2nd raise, 900,000 additional units will potentially be released on or after Monday, November 18th at a price to be determined.

- Total float, if all units above are sold, will represent 21.75% of CasinoBitco.in's profits at this time.

- No further Havelock units are planned on being sold at this time, although we may consider private partnerships. Please contact [email protected] for more info.

We're happy to report that we've had continued revenue growth in the first half of the month (exact details to be shared on 11/16) and are on track to produce a dividend if our success holds true. Further, we're nearing completion of our proprietary affiliate backend and industry-best HTML5 roulette. Stay tuned for visuals and more updates!

Certainly - but it's a tough business to break into! It seems SWC has the lion's share of the bitcoin poker market for now.

We have plenty of room to grow right now in our casino/sportsbook with short-term improvements that should help us win over even more new players.

Long term, there should be many opportunities for CasinoBitco.in outside casino/sportsbook. Fantasy and daily fantasy sports come to mind.

Any consideration to hosting live poker; texas hold-em tournament maybe?

Thanks for the continued (and new) support, we're happy to sell our first wave of units so quickly.

More details (timing and price) for the 2nd wave forthcoming tonight!

Jung, we still hold the vast majority of our liquid assets in BTC - so, we should still be mostly pegged to the price of BTC.

The only real source of USD exposure is in the amount of BTC bettors are willing to risk on average, which is affected by the price of BTC - not much we can do there. Let me know your thoughts!

Willl you guys reduce expose to fiat in order to not have the price of BTC affect the price of the stock so much? Thats the number one concern for me right now.

600k units are sold out in 15 minutes.

A big thank you goes out to all our silent supporters.

We are doing big things in development and you'll see the fruits of this over the next month or two, before we start with our advertising push.

Current float is 4725000 units, representing 15.75% of CBTC profits.

We will post information on the upcoming 2 tranches totaling 1800k additional units soon.

Sold out.

Yes, 2nd time we've done that 

Keep trying, it seems to be sporadically up (66k shares left at this price!)

Looks like Havelock is down

5 minutes in, < 215,000 shares available! Hurry and buy if you are looking to!

Update - Due to the upward price swing of Bitcoin - we have adjusted the price for the first wave of our second offering from 0.00015 to 0.00013 price per unit.

As a reminder only 600,000 units will be selling at this price point at 1 PM EDT today only on Havelock Investments. We anticipate bullish activity, so we recommend you move your bitcoin to your Havelock account ahead of time so you can ensure you can lock in this extremely attractive price.

Shares must be purchased through the IPVO tab, here:

https://www.havelockinvestments.com/fund.php?symbol=CBTC#ui-tabs-4

UPDATE

Our "early-bird" first round of additional units will be available at 1 pm EST tomorrow.

We'd like to post an interim update, due to the Havelock release.

-We've added NCAAB and are experiencing an excellent balance of action in various sports and the casino.

-In-house Affiliates and Roulette development continue to progress and are on-track for a mid/late November release. Live-in play betting and Sic Bo will be our next development targets.

-We had a great football weekend and strong month so far. For 11/1-11/10, sports is +16.18 btc, and casino +5.6 btc.

We expect to produce some great results with upcoming improvements.

Final pricing for the CBTC offering will be tomorrow.

Units must be purchased through the IPVO tab, here:

https://www.havelockinvestments.com/fund.php?symbol=CBTC#ui-tabs-4

Thanks for your support! We plan to put these funds to hard work and towards making CBTC a great investment for all - we welcome questions/inquires on our private partnership opportunities and future offerings via post, pm, or email.

Hi Duke!

Bookmark us for 1 pm EST tomorrow, as we release these units - We expect the first round "early bird" to go quick.

As for your question, check out the following except from Havelock's thread:

"The Panama Fund, SA has been registered and licensed since 2008 with Superintendencia del Mercado de Valores (English: Superintendency of Securities Market)  as a Sociedades de Inversión Privadas (English: Private Investment Company).
http://www.supervalores.gob.pa/files/Sociedades/Sociedades_Inversion_Privada_DRA.pdf"

https://bitcointalk.org/index.php?topic=323077.60

Hello,

I am highly interested in participating in this round of funding.  I have deposited some Bitcoin on the site to test it out before investing.  I have a general question about the exchange you are trading on.  Havelock Investments was recently acquired by a group called the Panama Fund.  I couldn't find any information on the Panama Fund online other than the recent announcement of this aquicision.  Do you know of anyplace I can go to research this Panama Fund?

Thanks for your support guys!

We'd like to clarify a couple items:

1) Based on the massive move in USD/BTC, we recognize this may have an effect on our valuation (although we benefit from BTC climb as well). We'll be adjusting our release price for Monday , so be sure to check out the price that day! As a reminder, expires Thursday, if there are any remaining. We don't anticipate a BTC price drop to be an issue - it should simply sell out our offer more quickly.

Our goal is to offer a very fair and reasonable valuation with excellent upside, while increasing our bankroll sufficiently - as we did with our initial offer, for which we had over 5x demand than available units.

2) I feel it's important at this time to share our vision for the value of CasinoBitco.in and the future of our company and bitcoin gaming in general, and why, in part, we feel we offer we offer value, or positive reward versus risk.

The full article has been posted in our public drive, here:

https://docs.google.com/document/d/1memMnf6CaGyMZYR7KsDyJH0KRsk2G2sE2wSYWoRVQtM/edit?usp=sharing

and on our Blog, GambleOnlinewithBitcoin.com, here:

http://gambleonlinewithbitcoin.com/blog/?p=65

Highlights from the post:

Sports wagering as a whole: $1 trillion annual
Online sportsbooks: $100 billion annual (10% of all)
Nevada sportsbooks: $3.45 billion (3.45% of online)
Bitcoin handle: $100 million (2.9% of Nevada sportsbooks) - And growing!!

-"Over the coming months, we strongly believe we’ll be able to encourage growth by targeting several areas for improvement, including additional table games,live-in game sports wagering, additional P2P options, better reduced juice, slot & progressive games, referral/affiliate program, additional sportsbook options, VIP/rewards program, and translated versions of our website. We also launched a poll to confirm our thoughts on these items, available here: https://bitcointalksearch.org/topic/m.3511376"

-If CasinoBitco.in reaches 20% share by next July, we should roughly "bring in" .000016+ btc per month at current btc price, or 10-15% our current market cap per month! That's a lot of growth.

interesting, will check it out soon