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Topic: New stock on Havelock: 7C (Games on the 7th continent) (Read 5322 times)

legendary
Activity: 1260
Merit: 1116
Thanks for the necrobump. So this was Havelock Cheesy
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
I wonder if that drop was in any way related to this piece of information missing from the dividend notice:

http://coincurrencynews.com/2015/03/05/its-dividend-time/

Ouch.

Two (of many) glaring problems here:
1) If you've been blogging and getting free shares for your work, but can't make ends meet, something tells me this "plan" is really just to generate hype for a quick pump and dump.
2) If the company isn't able to generate their own dividends from profit, what's the point of donating your money to do it for them? That doesn't do anything to solve the underlying problem, and instead serves to highlight the floundering state of the company.

Well looking at what happened to the stock got to agree with you Korbman
1) On March Sixth pre Dividend it was at 0.003
2) After Dividend of 900 satoshis stock price collapses to 0.001
3) Presently valued at 0.0007

So yep it backfired pretty badly there or someone dumped after the dividend was recieved
https://www.havelockinvestments.com/fund.php?symbol=7C
legendary
Activity: 1064
Merit: 1001
I wonder if that drop was in any way related to this piece of information missing from the dividend notice:

http://coincurrencynews.com/2015/03/05/its-dividend-time/

Ouch.

Two (of many) glaring problems here:
1) If you've been blogging and getting free shares for your work, but can't make ends meet, something tells me this "plan" is really just to generate hype for a quick pump and dump.
2) If the company isn't able to generate their own dividends from profit, what's the point of donating your money to do it for them? That doesn't do anything to solve the underlying problem, and instead serves to highlight the floundering state of the company.
member
Activity: 88
Merit: 10
The sheep who walks through walls.
Cheesy


Code:
March 7th, 2015 - Seventh Continent is proud to announce first dividends on March 10th. 900 Satoshis are paid per units.

Please find more information on our community site at:

http://coincurrencynews.com/2015/03/07/get-your-dividend-now-900-satoshi/

We wish you happy trading!

CEO
Seventh Continent Ltd.


I wonder if that drop was in any way related to this piece of information missing from the dividend notice:

http://coincurrencynews.com/2015/03/05/its-dividend-time/
Quote
Hey 7C Stock Holders,

I am talking to Gregory Harmati about sponsoring a dividend on the 7C stock as a motion of good faith for all the investors that have bought stock and not seen a return. While the Seventh Continent is still working on financing arrangements, I am going to start helping them along by donating to the Stock their first dividend.

Since I currently provide writing and blogging in exchange for 7C shares on Havelock, I am really disappointed that there has not been a dividend, and that the movement on the stock exchange is next to nil. When I look at this picture a few things bother me:

    First:

There is no dividend and that is not something I support.

    Second:

We need to provide a dividend to form a Yield Percentage!

    Third:

No action on the Stock — we need to get things poppin!!

Screen shot 2015-03-05 at 3.10.51 PM

Since I provide web content writing the Coin Currency News site, and get paid in 7C stock, I haven’t been able to pay my bills or make ends meet, so as a means to turn the tide around, I am going to start getting this stock climbing, even if it means I have to be more frugal in my spending in other areas.

Who’s With Me?!

Thus, in the nature of good sport, I am going to sponsor a dividend of a couple Satoshi payable to 7C holders, and may continue this trend on a bi-weekly basis — so make sure to email me a thank you note for sponsoring the first dividend, as well as any story suggestions of gameplans!!!

IF you would like to support me in my mission to give back, or get in on the movement, then send your donations to:

1E7UeLk2Sbb3YFCHN9fEQDU2gT6L6R752y —

Robert Chernish
[email protected]
News Writer
Stock Analyst
Entrepreneur
7C Stock Holder
sr. member
Activity: 280
Merit: 250
Lol, did anyone really buy into this?  Always assumed this thing was more of Havelock's window dressing.
I mean, a cursory Google search for Elmer J Fudd, Millionaire Gregory Adam Harmati PhD ("CEO" previously employed as"Senior Foreign Policy Advisor to the Minister" (looooo!!!) nets nothing but Bitcoin blogs tirelessly repeating the same linkedin claims.

Such PhuD.
Very Senior Foreign Policy Advisor to the Minister.
Wow.

Cheesy
full member
Activity: 210
Merit: 100
Another successful Havelock IPO Cheesy
sr. member
Activity: 294
Merit: 250
Off-topic remark: Are you turned on by the combination of smugness and exposed tits in your profile picture, since you're clearly a dude?

It's been done to death Herpy. People have met me. Get over yourself.



I'll take that as a yes.  Wink
hero member
Activity: 756
Merit: 522
Off-topic remark: Are you turned on by the combination of smugness and exposed tits in your profile picture, since you're clearly a dude?

It's been done to death Herpy. People have met me. Get over yourself.

sr. member
Activity: 294
Merit: 250
We have taken this step to protect the Havelock Investments users.

I'm pretty sure I've heard this "for your own protection" stuff before....



Off-topic remark: Are you turned on by the combination of smugness and exposed tits in your profile picture, since you're clearly a dude?
hero member
Activity: 756
Merit: 522
We have taken this step to protect the Havelock Investments users.

I'm pretty sure I've heard this "for your own protection" stuff before....

full member
Activity: 210
Merit: 100
...
Also COG Fund was not a new offering but a re-listing on our Site from another exchange.

It tanked, regardless.  Just like the rest of the securities on your exchange.

Mining stocks were destined to go down as soon as ASIC came out on a large scale. It will ultimately reach an equilibrium once the total network hash rate stabilizes. When that happens mining share prices will ultimately stop falling and settle at a point to which the dividend is acceptable to investors for use of their BTC capital...

...and that would be the point at which "investing" will make sense.  Not before.
My point is embarrassingly simple:  If you can predict that the price of an offering will be lower in the future, wait for that lower price.  Something about "catching a falling knife."  Only now it's not a single knife -- it's a knife downpour.  Add to that an exchange that just "got sold" to some Panamanian letterhead...  you get the picture. 
*Do you still only post about Havelock?  Haven't taken my advice about throwing some variety into your posts, i haven't checked?
full member
Activity: 154
Merit: 100
...
Also COG Fund was not a new offering but a re-listing on our Site from another exchange.

It tanked, regardless.  Just like the rest of the securities on your exchange.

Mining stocks were destined to go down as soon as ASIC came out on a large scale. It will ultimately reach an equilibrium once the total network hash rate stabilizes. When that happens mining share prices will ultimately stop falling and settle at a point to which the dividend is acceptable to investors for use of their BTC capital.

The fact that Havelock is the LAST half-decent exchange left says something positive about how it is run. The fact that Havelock is attracting a wide variety of new funds such as 7C also is positive. Havelock is providing a place for companies to list. All of these companies are VC level investments. They will not immediately go up. Ultimately as an investor I believe some of them will be successful in the future.
 
full member
Activity: 210
Merit: 100
...
Also COG Fund was not a new offering but a re-listing on our Site from another exchange.

It tanked, regardless.  Just like the rest of the securities on your exchange.
full member
Activity: 210
Merit: 100
...
None of my securities, including NEOBEE, are under this requirement, they are all PTs anyway.

All funds raised for NEOBEE on Havelock were sent to Danny very early on.

I realise that, TAT, i have no doubts regarding NEOBEE.  But it begs the question:  Why is this one?
sr. member
Activity: 328
Merit: 250

None of my securities, including NEOBEE, are under this requirement, they are all PTs anyway.

All funds raised for NEOBEE on Havelock were sent to Danny very early on.

TAT is correct!

Also COG Fund was not a new offering but a re-listing on our Site from another exchange.
hero member
Activity: 518
Merit: 500
All Capital raised in this or any of our future offerings will not be accessible directly by the Company looking for Capital. It is placed in Escrow and will only be distributed as needed by the Company to pay for expenses. A company will need to provide proof of what the money is used for and where the money is going. Only after verification, Funds are released only for the expenses specified, while the other funds are still kept in escrow.  We will not just provide access to the Capital raised through Havelock Investments directly to the companies. They must show which phase of development they are at in order to receive applicable funds. The same way a Construction Loan works, only in provable stages.

In the event the Company is no longer able to continue operations, for whatever reason, the remaining funds in the escrow account will be refunded to the Unit Holders equally.

Thank you,

Havelock Investments

That's a rather... unique way of handling an IPO IPVO IPFO.  Are your other asset issuers treated the same way?  Neo & Bee, for instance?
Who's the dude doing the escrow?  Does he charge for his service?
Who is doing the financial audits, same dude?
Who gets the frequent flyer mileage from the Panama - Hungary flights?

None of my securities, including NEOBEE, are under this requirement, they are all PTs anyway.

All funds raised for NEOBEE on Havelock were sent to Danny very early on.
full member
Activity: 210
Merit: 100
Some people get on the boat, and others miss it.

But not you.

newbie
Activity: 13
Merit: 0
Some people get on the boat, and others miss it.
full member
Activity: 210
Merit: 100
A Panamanian shelf registration AKA "The Panama Fund," managing "Bitcoin Venture Capital Fund," AKA "Havelock Investments."

Total IRL addys:       0
Total IRL dox:          0
Total investor trust:  Over 9000

*Havelock Investment Fund's self-offered IPO stalled and failed halfway through its second tranche.  See here.
TL;DR:  The less-than half-funded IPO was deemed a success & trading started.  

Edit:
Q:  How does a typical security fare on Havelock?
A:  They all tank.  No exceptions.  Not a one.

Q:  Got any examples of recent offerings?
A:  Sure, here's the most recent one, tanked in less than a month:



Q:  Surely the Havelock Investment Fund did better?
A:  Hell no, that tanked like the rest of them.

Q:  So, should i invest?
A:  Lolz.
sr. member
Activity: 328
Merit: 250

Havelock, is this a policy change that will be in effect for all future IPOs, or just this one?  Why did you choose to implement it now, on this particular IPO?

This Policy will effect all future offerings including this one. It is required by The Panama Fund that manages the Bitcoin Venture Capital Fund.

All funds in escrow, and all of the Havelock Investments Funds are audited by Certified Public Accountants registered and licensed in Panama.

We have taken this step to protect the Havelock Investments users.

Thank you,

Havelock Investments
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