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Topic: [Havelock] HASH - Mining Equipment Sales, Contracts, More - page 4. (Read 7159 times)

sr. member
Activity: 378
Merit: 254
...
There are many profitable, industrial-scale mines out there. The issue is that few (or any, that I know of), are public and use crypto as a vehicle of investment...

On the other hand, there are countless PMBs and "mining contracts," each and every one of them proving ruinous for their marks investors.

You chose the shotgun approach, "Funds from the offering we will go towards purchasing products and infrastructure related to Bitcoin and altcoin mining, as well as supplies and logistics surrounding the resale and distribution of products in the United States."
...which loosely translates to "Send me money, and I'll do stuff with it!"

And this is all done via a HK-registered co. selling unregistered securities through an unlicenced Panamanian exchange.
An exchange where every listing is trading below its initial listing price.

What could possibly go wrong?
sr. member
Activity: 391
Merit: 250

Ok, explain to potential investors why you need a proxy company in Honk Kong to raise funds for a legally registered company in Ohio?

By the way, who is the appointed director of BIG TREND CAPITAL INVESTMENT LIMITED?

While our US LLC can offer investment direct to investors (and will to US investors to comply with SEC rules), due to the nature of bitcoin and the fact that many of our previous investors were foreign, it was decided to have the investment done into a foreign entity (in this case HK) to lessen the requirements foreign investors would need to handle investing into a US company. This also allows us to keep our onshore and offshore investment clearly separated and in compliance with the various registration exemptions. As others have mentioned, we have a history of handling mining bonds denominated in LTC.


Quote
^Lol, OK.  You will be the one unique and special snowflake that proves profitable.

There are many profitable, industrial-scale mines out there. The issue is that few (or any, that I know of), are public and use crypto as a vehicle of investment. This has to do with the nature of an entity denominating their listing in Bitcoin, purchasing devices that may, or may not, ROI, while offering a percentage of mining profits, which almost insures that the entity will never be crypto-positive, since miners are a depreciating asset.

This is why we want to utilize large-scale distribution first, then leverage it for cheaper mining products that have a higher likelihood of ROI. Additionally, when we get to that point, we would rather look into sellable hashing contracts to the public (e.g. cloudhashing.net) so that investors do no have to pay for machines that will ROI, but rather invest in infrastructure, with a nominal number of miners that are very cheap since we'd be buying hundreds or thousands at a time.
sr. member
Activity: 378
Merit: 254
^Lol, OK.  You will be the one unique and special snowflake that proves profitable.



P.S:  AFAIK, cryptx's $.24KWh price represents the full cost of *hosting*, not electricity alone.

Unless your utilities co. is hosting your miners, the .24/.04 comparison is meaningless.
sr. member
Activity: 391
Merit: 250
^Lol, because all the other "cloud mining" operations worked out so awesome for "investors."
You got some formidable competition on Havelock alone, cryptx's PETA and  SCRYPT Roll Eyes

PETA/Scrypt pays 0.24c/KWh. We're working with 0.04c/KWh. Furthermore, we've been paying out dividends for over a year on mining. Additionally, we're working on contracts with a few companies that are willing to shoulder most of the hardware costs for capacity, and we simply need to bring infrastructure online.
sr. member
Activity: 378
Merit: 254
^Lol, because all the other "cloud mining" operations worked out so awesome for "investors."
You got some formidable competition on Havelock alone, cryptx's PETA and  SCRYPT Roll Eyes
sr. member
Activity: 391
Merit: 250
...
When Everyone is Mining, Sell Shovels
...

*Gold rush is over, so are the amazing shovel profits*
What do, shovel merchant?

-==>[spoiler]IPO![/spoiler]<==-

Bitcoin "investor"--lender of last resort.

Although I find it very unlikely consumer mining will die, in the event that such a thing occurs, we would transition 100% of our capital into commercial-grade mining. The prospectus should be up at noon today on Havelock's website to explain how that interaction will take place.
sr. member
Activity: 378
Merit: 254
...
When Everyone is Mining, Sell Shovels
...

*Gold rush is over, so are the amazing shovel profits*
What do, shovel merchant?

-==>[spoiler]IPO![/spoiler]<==-

Bitcoin "investor"--lender of last resort.
newbie
Activity: 25
Merit: 0
Shareholder since May 2013, participating in IRC Chat and glad to be a part of this company as they expand.
member
Activity: 112
Merit: 10
I put this thread on my watchlist.

Your Amazon Seller details page can be linked with a shorter URL: http://www.amazon.com/gp/aag/details/?seller=A2X6P52S5O7ZVU

The products you sell in Amazon can be seen in the Storefront page: http://www.amazon.com/shops/A2X6P52S5O7ZVU
legendary
Activity: 1133
Merit: 1050
Wow, it's like starting all over again. Except this time it's on Havelock and not on LitecoinGlobal.....and questions that are about to be asked have probably been answered already in the LTC forum.

We all know how demanding people can get w/ questions before an IPO. I'm sure these newbies will catch on in no time on how transparent you are and start to ask actual important questions.  Grin
Plus you've always handled matters of PR well anways, so no sweat right?


-HappyOlive
(from LTC-Talk)

If most of the questions have already been asked/answered, then please post a link so it will save everyone some time.

https://litecointalk.org/index.php?topic=3126.0
legendary
Activity: 896
Merit: 1001
Wow, it's like starting all over again. Except this time it's on Havelock and not on LitecoinGlobal.....and questions that are about to be asked have probably been answered already in the LTC forum.

We all know how demanding people can get w/ questions before an IPO. I'm sure these newbies will catch on in no time on how transparent you are and start to ask actual important questions.  Grin
Plus you've always handled matters of PR well anways, so no sweat right?


-HappyOlive
(from LTC-Talk)

If most of the questions have already been asked/answered, then please post a link so it will save everyone some time.
legendary
Activity: 896
Merit: 1001
This is something that I'm interested in and will look into it further.
sr. member
Activity: 370
Merit: 250
Another here that's been in since the beginning.

I can't say how awesome Benny is. Consistent divs, always keeping us informed with what was going on. Quick to respond. My favorite of all the securities I've invested in.
newbie
Activity: 1
Merit: 0
Wow, it's like starting all over again. Except this time it's on Havelock and not on LitecoinGlobal.....and questions that are about to be asked have probably been answered already in the LTC forum.

We all know how demanding people can get w/ questions before an IPO. I'm sure these newbies will catch on in no time on how transparent you are and start to ask actual important questions.  Grin
Plus you've always handled matters of PR well anways, so no sweat right?


-HappyOlive
(from LTC-Talk)
sr. member
Activity: 391
Merit: 250
Prospectus should be available via Havelock tomorrow (seemingly, when you upload/add a report, it will only show up the day after).

Here's a copy of it via Google Drive: https://drive.google.com/file/d/0B9IYnfEudSQYcWwzY0hrZnBObFk/edit?usp=sharing
vip
Activity: 756
Merit: 504
Big Trends Capital Investment Limited (BTCI), a Hong Kong Limited company has entered into a consulting services agreement with Coin Services LLC, an Ohio based cryptocurrency mining company, and hardware reseller, which owns and operates its trademarked “BuyAHash” service. As part of the consulting services, BTCI plans to help Coin Services raise additional capital for expansion by investing BTCI’s own and raised capital into Coin Services. Capital raised from the private placement will be utilized to grow the business in a variety of areas.

Big Trends Capital Investment Limited is not a registered company in Honk Kong.

I recommend anyone to stay away of such imaginary companies raising funds in name of legally registered companies.

My apologies on this. There was an additional letter 's' on trends that caused your error. Very long day for me.

You can use ICRIS to look it up:
Company Name Search

Your Search: LEFT PARTIAL match with 'big trend capital' , CR No.: = 1990193

CR No.:   1990193
Company Name:    BIG TREND CAPITAL INVESTMENT LIMITED
達偉創富有限公司
Company Type:    Private company limited by shares
Date of Incorporation:    02-NOV-2013
Active Status:    Live
Remarks:   -
Winding Up Mode:    -
Date of Dissolution:   -
Register of Charges:    Unavailable
Important Note:   -

Name History
Effective Date   Name Used
02-NOV-2013   BIG TREND CAPITAL INVESTMENT LIMITED
達偉創富有限公司

Ok, explain to potential investors why you need a proxy company in Honk Kong to raise funds for a legally registered company in Ohio?

By the way, who is the appointed director of BIG TREND CAPITAL INVESTMENT LIMITED?
sr. member
Activity: 391
Merit: 250
Big Trends Capital Investment Limited (BTCI), a Hong Kong Limited company has entered into a consulting services agreement with Coin Services LLC, an Ohio based cryptocurrency mining company, and hardware reseller, which owns and operates its trademarked “BuyAHash” service. As part of the consulting services, BTCI plans to help Coin Services raise additional capital for expansion by investing BTCI’s own and raised capital into Coin Services. Capital raised from the private placement will be utilized to grow the business in a variety of areas.

Big Trends Capital Investment Limited is not a registered company in Honk Kong.

I recommend anyone to stay away of such imaginary companies raising funds in name of legally registered companies.

My apologies on this. There was an additional letter 's' on trends that caused your error. Very long day for me.

You can use ICRIS to look it up:
Company Name Search

Your Search: LEFT PARTIAL match with 'big trend capital' , CR No.: = 1990193

CR No.:   1990193
Company Name:    BIG TREND CAPITAL INVESTMENT LIMITED
達偉創富有限公司
Company Type:    Private company limited by shares
Date of Incorporation:    02-NOV-2013
Active Status:    Live
Remarks:   -
Winding Up Mode:    -
Date of Dissolution:   -
Register of Charges:    Unavailable
Important Note:   -

Name History
Effective Date   Name Used
02-NOV-2013   BIG TREND CAPITAL INVESTMENT LIMITED
達偉創富有限公司
vip
Activity: 756
Merit: 504
Big Trends Capital Investment Limited (BTCI), a Hong Kong Limited company has entered into a consulting services agreement with Coin Services LLC, an Ohio based cryptocurrency mining company, and hardware reseller, which owns and operates its trademarked “BuyAHash” service. As part of the consulting services, BTCI plans to help Coin Services raise additional capital for expansion by investing BTCI’s own and raised capital into Coin Services. Capital raised from the private placement will be utilized to grow the business in a variety of areas.

Big Trends Capital Investment Limited is not a registered company in Honk Kong.

I recommend anyone to stay away of such imaginary companies raising funds in name of legally registered companies.
donator
Activity: 2352
Merit: 1060
between a rock and a block!
PM sent, have a question on governance.
sr. member
Activity: 391
Merit: 250
The discussion here is for informational purposes only and shall not constitute an offer to sell any securities.

FOR NON US INVESTORS:
Offers to sell and purchase any securities shall be made through Havelock Investments. A prospectus may be obtained at https://www.havelockinvestments.com/reportdownload.php?id=107

FOR US INVESTORS:
Please contact Coin Services LLC at [email protected] to enquire about purchasing any of the LLC member units. In compliance with SEC Reg. D. 506 exemptions, Coin Services LLC shall provide a Private Placement Memorandum and also requires certain Accredited Investor documentation prior to accepting any offer to purchase membership units.

SEC 506c Filing: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=021-210787&owner=exclude&count=40
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