Topic: [HAVELOCK] CasinoBitco.in (CBTC) IPO Official Thread - page 3. (Read 25116 times)

Great questions.
First - our affiliate program is still a top priority, however we've been focusing on getting a couple new games out before building it.
I expect it to be started this month and released in November.

1 - Dividend is paid on the first week of each month based on previous month operations.
2 - We hope to have significant enough competitive advantage & a large enough bitcoin player base at that point to continue to compete and grow.
3 - Havelock provides a live investor list. In the event the site went down permanently, we'd look for somewhere else to re-establish that list or manage it manually.

And one more.

What is the timeline of the affiliate program?

Hi, my first post on this forum!

Very interesting site!

A few questions

1) How and when is the divident payed?

2) Why won't all of this just be wiped from the market if/when the big players start accepting bitcoins?

3) What is the counterparty risk with Havelock? Are my shares wiped out if they go down, or do I own the shares to my name?

UV -

Agreed - It was a mixed month! Fortunately, things are going well with our main goal - continuing to build out the website. As mentioned in the report 

-We will certainly consider your suggestions here- A ticker of large bets placed has been suggested and may be a possibility.
-The weekly metrics spreadsheet has been updated. We are considering other formats for that info.
-The cash assets are primarily set aside for ongoing expenses, but potential USD/BTC price fluctuations should definitely be considered from a business standpoint.
-Agreed on internal marketing & bonuses. This is a top priority!
-Our new games development is proceeding quickly. I expect to see them soon. We've also been focusing heavily on preventing losses from professional action. More updates to come. 

Hi - Our September report was release on 10/3, and can be found under the "reports" section of Havelock. Here's a direct link which also has a link to our public Google Docs folder:
https://www.havelockinvestments.com/reportdownload.php?id=36

Public Metrics and Projections Google Doc update:
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc&usp=sharing


no any update?

Can u still keep offer daily update,cause we shareholder pay close attention to it.

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Seems pretty clear what the pre-IPO investors think of the company. Additional shares are released and price goes up

Awesome, crystal clear!

Like how this is going (y)

These are pre-IPO investors that helped with bankroll raising earlier on. In exchange for their capital they received shares post IPO based on the schedule above. As mentioned, they can do whatever they like with the shares, hold or sell.

-

U mean owners of the site? or even  shareowners?

a.   September 16, 2013: 1,125,000 units
b.   December 17, 2013: 375,000 units
c.   March 17, 2014: 3,000,000 units



What does this mean? 

wasn't suppose to be released more units into the market today?

uvwvj,

Full financials and P&L will be updated will come beginning of month for previous month. Please correct me if you are looking for something else  

The period from 9/1 to 9/15 is longer than the previous period, so that's not really a 192% increase.

9/15 Mid-month September update:

On 9/10, we released units representing 10% of our company on Havelock Investments, selling all 3,000,000 units in a record less than 3 minutes. We greatly appreciate the support we’ve received from our investors. We saw a spike across our metrics, and can certainly attribute a portion of this to the success of our offering.

Public Metrics and Projections Google Doc update:
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc&usp=sharing

9/1-9/15/13 resulted in an estimated 39.48 btc in earnings, up from 13.5 btc in the previous period, a 192% increase.

Over the same bi-weekly period, we experienced continued growth:
-Registrations increased from 63 to 111, a 76% increase
-Deposits increased from 44.99 to 192.98.
-We saw increasing action in the Sportsbook, including 170% growth over a 2-week period in # of bets 8/15-9/1 over the first half of August, and 236% growth in # of bets 9/1-9/15.
-The Casino also saw increased action

We're continuing to work on our reporting functionality and the depth of information we can publish for investors. Our full month-end update, which will be more comprehensive*, will be published by 10/2, covering all of September.

Thank you!
-CasinoBitco.in team

***Important note: The mid-month update does not include information on our development and full P&L we will hold for the regular month-end update, including expenses and dividends, and will focus on estimated growth and earnings only.

Stay tuned - will be posted in next 3 hours.

Waiting for the new financial updates.

I was taking into consideration that.

At CBTC's IPO price, it would take (with 10 BTC profit a week) 17.3 years for a 100% ROI. At the current price, it's at ~40 years for 100% ROI, assuming 10 BTC per week in pure profit.

Assuming they increase their profit by 7x to 10 BTC a day instead of per week, that still leaves us at ~2.5 year ROI at IPO and ~6-7 years current. Keep in mind this means *profit*, not just income.

I personally have a lot of shares in the company that I'm holding, but I also know the risk of doing so. You have to decide on your own whether or not the risk is worth the reward.

We may just have to agree to disagree on this one ran,  that would be why some are long and some are short. We wouldn't need a market if there was no question the value.