Topic: [HAVELOCK] (HIF) Havelock Investments Fund - page 7. (Read 70071 times)

How to make a tanking stock look good, the Havelock approach:



*Or is Havelock getting ready for its share price to go negative?  I'm new to this international high finance stuffs...

Havelock really needs a new layout and a few more features, this doesn't look right:

That's unusual. My shares on Havelock are always on sell orders and I receive all dividends.

May I ask general question about havelock trading platform here?

I have 48 shares of some asset and opened order to sell 14 of my shares. Now I received dividends for just 34 shares! Why? I'm still holder of those assets! Where that dividend for those 14 shares gone? Who received that and why?

Sorry, in case you didn't click for fear it was more of that silliness -- it was actually a link to my earlier post in this same thread, noting the ludicrous financials that were provided with the original listing. Given those initially ludicrous financials, it's hardly surprising now to see what has become of it.

So ... what were all those bitcoins spent on in the expenses? Hookers and blow?

Got to admit, sort-a sobering to read those pages again.  A few posts down an investment prodigy aptly named Herp preaches to fellow finance enthusiasts:


So much win...

Don't you start that too, it's bad enough to have Pankkake trying to mimic MPOE-PR's blind linking

See here. 

Not sure when the prospectus was written, but it was published when Bitcoin price was ~$600.  30-day average was ~$250.

Though increasing BTC price should only affect the expense projections (assuming you pay your bills in fiat).  Or do you adjust your fees to BTC dollar value? 

lmao this is what i call an "i dont give a fuck" statement. neat.

You should stop trading on their exchange and giving them money

Well, technically, if 1 single share is cheap, you could buy 1 share in order to have access to that document.

Much true, many people pointed that out, and many unwise people just ignored those big warnings and bought into this scam.

Lol, +1.

Obvious scam is obvious.

so havelock was simply bagholding the bitcoins and not working with them? what a great investment fund management. Did i invest into a schoolkids venture or something? how lazy are you guys? Very shady fund.

oh wait i shall be happy over a 37 sat dividend for which i paid .005? are you kidding me or are you on drugs? your lack of understanding and communication is just fabulous.

Havelock, a 100,000BTC corporation, offered this fund as a gift to you, the [ungrateful, vindictive and nitpicking] Bitcoin community.
Lesson learned.  No more presents.

People are so huffy *because* Havelock has been operating at a loss for the last two months. And because there's no explanation of where the money went, aside from "Expenses".

Investors in Havelock funds are the ones running charities

Havelock has been operating at a loss for the last two months, kindly consult our financial statement.
If participating fund issuers wish Havelock to continue offering its services, said issuers should spring for expenses.  Themselves.  Havelock's tired of supporting freeloaders.

Enough of this entitled bullshit.  One more finicky complaint and Havelock *will* pull the server plug.
Panama's not Communist Russia, we ain't running no charity

Lots of good questions in this thread, I hope Havelock answers them, else the share price will continue to tank. But what do they care, they already got the investor money? However, if the questions are not addressed, people will remove their capital from the platform and all funds listed there will suffer.


I hear MPOE-PR is out a job, she has experience communicating with investors   

Again, whoever is writing the Havelock response to these legitimate and IMPORTANT concerns is more than a little tone-deaf, and in my estimation you are proving that every time you ignore, duck, try to rationalize, and in some cases just fabricate a non-answer you show that Havelock either doesn't KNOW how to communicate honestly and effectively with its investor base or, worse, you just don't CARE.  But I do--it's my cash on the line with this investment!  We are not nearly as dumb as you seem to think we are--we follow the Bitcoin markets too.

The relationship between Havelock's revenue and expense streams and the US dollar is NOT mentioned in your Prospectus, either as a risk factor or anywhere else.  If you think it is please cite the page and paragraph in your Prospectus where you discuss this connection, because I can't find it.  The only factor which is relevant is that you state that your growth and investor demand for your services is important.  I have absolutely no way of knowing from your first quarterly report how, or even if, HIF is seeing any real growth.  It seems not.  Investor demand for your services (funds) is going to dry up real quick if you don't do a much better job communicating openly and honestly with us.  Immediately.

I compared Havelock's daily total 24-hour volume in BTC for the past six weeks (February 22 to April 10) to the US$ price of Bitcoin.  The correlation coefficient is 0.13 and insignificant, which means that there IS no demonstrated relationship between these two data series.  Your last lame explanation is simply wrong--whatever problems HIF is having with sales or expenses has nothing to do with the US$ price.  You have failed to answer every one of the "trend" questions I posed earlier, but they won't go away just because Havelock is choosing to ignore them.

I know that startups are very risky, and I expected this investment to have some unanticipated problems.  But I never thought that the sponsor--Havelock--would itself become one of the worst risk factors by deliberately failing to supply important information and in some cases actually obfuscating its own message.  I actually believed that you would follow   the communication model set by your sister fund, HMF,  with monthly reporting.  Any way to get the manager for HMF to assume responsibility for communicating with HIF investors???  We would all be better off. 

I made a more impressive slideshow on Prezi for a 5-minute speech on Paypal.


I kinda feel like biting my tongue but this is just not a good sign for the fund or the website.