--Daddy, what's penny stock? --Well Snoodles, it looks like this:
Market cap: 32.79 BTC
IPO price: 0.05 BTC
Market price: 0.005 BTC
Total buys: < 0.5 BTC
-- Daddy whats a scam exchange? -- Well Snoodles, it looks like this: http://www.mpex.co/Claiming an average of 751.7 BTC volume per day on their OWN offering. Find that hard to believe Back on topic: MS should do its investors a favor and close down operations. Currently there are more BTC in holdings than the current price of MS reflects, by quite a bit. With the amount of BTC your draining in expenses that are not in the best interests of investors (You should not be paying any salary: You need to be working for free until investors see a return), do everyone a favor and close down. You said there was what, 200 BTC in holdings? Thats over 6x the current market cap. Prove you are legit and close. If you keep running your business havelock should restrict trading and issue the 100 BTC they are holding back to stock holders
|
|
|
Last I checked their site (a few days ago) there weren't any buy orders even, given I couldn't really tell since they dont have a orderbook. What a joke.
|
|
|
@Gondel
Mining ventures are almost always unprofitable for investors. They are barely profitable if the management team is decent and sticks with it. ASICMINER, the largest BTC mining group (they manufacture quite a bit of mining gear) only averages a 1.42% yearly return.
If you really want to get into the mining sector, go with PBMINING, no management fees, no downtime, auto receive dividends every week. Even then its pure speculation against the future price of BTC, and it might be better to have just kept your BTC on hand rather than put it towards mining.
|
|
|
Goat scammed a user out of 3740 BTC: https://bitcointalk.org/index.php?topic=622250.480Told user he would pay 10k Bounty and didn't (This thread) User is a POS who invested funds into the largest BTC ponzi ever (Pirate) and than instead of paying back investors what he could, he bought himself a lamborghini and started showing off his BTC wallets. He also abuses the trust network sending negatives to everyone (which always show up as trustworthy feedback since he is a "VIP" member). Basically hes a POS scammer
|
|
|
My initial investment has seen a nearly 20% return, overall Im around ~16% back already. The issue is that my ROI will slow down immensely if to many people join on the bandwagon
|
|
|
Just like that BitcoinBourse won't even have scam listings, because they wont have any listings
|
|
|
then he shouldn't anonymously accept bitcoins for HIS real world business, should he ? he can't have it both ways. well he can. you "investors" will keep paying.
Im willing to take the risk. Ive had nothing except a positive experience so far. It's HIS business, exactly right. If he wants to share what its called or not is up to him. Just as it was up to me to invest in him or not. I like what I saw, and what I have seen so far. To each their own
|
|
|
So if this is making money what is the URL ? or is this another secret website that nobody can have due to the idea being so unique ?
Its not a website.. He's on chaturbate, his username was mentioned in one of his previous posts (and few screenshots were included) I also have a gut feeling that the 20 BTC buyer was himself, as his share selling spreadsheet is offering 100k of them at a 19% markup
|
|
|
Really? No Demo and you want up to $50,000?
|
|
|
Im a bit dismayed by this month's performance. While yes its usual for bad months, the sportsbook has repeatedly lost large sums. Infact, according to the spreadsheet has lost CBTC nearly $16,000. I would highly suggest looking into selling off the sportsbook section or closing it down. While I understand its important to offer a "complete package" to gamblers, the cost its coming at doesn't justify it. I will be holding my shares, but not adding any additional shares to my portfolio until the sportsbook is sorted out one way or another.
Keep up the hard work!
Did you not read the report? It was mentioned numerous times that as of June the sportsbook is now being handled by a third party and covering all risk, while only taking 25% profit. That is a far cry from how we are doing now. Not sure how you missed that part... I did read the report. They were still losing BTC after the switch if I am not mistaken. Im not bashing them, the gambling sector is expected to have losses. Im just saying as an investor, that watching a unit of this business lose consistently is a bit unnerving. Im glad its being outsourced to a 3rd party. Hopefully next months report is brighter.
|
|
|
I need more information.
I need your real world identity, background, etc. and The name and address of this business, who you purchased it from.
also, if you wish to list on havelock, you must incorporate first. I would like to see this documentation, if it exists, as well.
I think it is odd that you keep these infos secret and would need to see before I could consider investing.
You shouldn't invest, would lower my dividends And you do not need to incorporate before being listed on Havelock. Thats just ridiculous, not to mention with the recent SEC filings it wouldn't be in the best interests for him to release his real information. Take the risk or don't, but for him to share his real information / corporation (I highly doubt his business is not incorporated as is) could lead to the SEC filing large fee's against him and his business.
|
|
|
$500 is not a "generous" figure... The revenue was $470 last week and hes only been in business for ~a month. I only put $20 into this (500 shares), and have received nearly $.40 in dividends (~2% return). I can't understand someone putting 20BTC into this, but I could see putting a $500 investment into this.
|
|
|
I invested ~55 LTC with litecoinvest in the past month. I would say they are reliable, however the volume is meh and few of their securities are active business's. Ive received all my dividends on time and have received my expected amounts, no complaints from me. Fast withdrawal to.
|
|
|
AM has already peaked. Way to much competition. Its continually falling share price reflects that. At $140 a share (current price), I don't believe this business is worth $56,000,000. Its hard to believe that this business was valued in the hundreds of millions just a few weeks ago. IMO its threshold is .25 BTC a share, and thats assuming BTC doesn't explode in value.
|
|
|
This is cool. Would be great if you could tie in the USD price. Some of those securities may have IPO'd at $1,050 per BTC, so it would have been much easier to ROI in BTC for them, as opposed to the others that IPO'd at a lower BTC exchange rate. It's somewhat important since the expenses for these operations are paid in USD and the community values most purchases in USD. Would be great to see ROI rates based on the USD return to see the true performance of these businesses as opposed to predominantly measuring the timing of their IPO.
That said, a lot of the companies' business is operated entirely in bitcoin. So the exchange rate shouldn't have much of an impact hahahahahaha People charge / spend in fiat rates. If a BTC costs $1200, they are going to get $1200 of product for that 1 BTC. If BTC is $400, they will spend 3 BTC for $1200 of products. Revenue BTC wise goes down a LOT when BTC is worth more than usual. If a company IPO's at 10 cents a share (Fiat wise), but now they are worth 15 cents a share (but the BTC value went down), that is a 150% value improvement in Fiat but a negative gain BTC wise, which is why you should invest BTC only when BTC is on the upswing (ideally) as it will nearly always outperform any BTC derived shares
|
|
|
Im a bit dismayed by this month's performance. While yes its usual for bad months, the sportsbook has repeatedly lost large sums. Infact, according to the spreadsheet has lost CBTC nearly $16,000. I would highly suggest looking into selling off the sportsbook section or closing it down. While I understand its important to offer a "complete package" to gamblers, the cost its coming at doesn't justify it. I will be holding my shares, but not adding any additional shares to my portfolio until the sportsbook is sorted out one way or another.
Keep up the hard work!
|
|
|
I still can't believe I missed that 0.09 train. Will it ever get that low again or have we seen the new floor now? Spewing I couldn't liquidate other assets quick enough. FCs info to come I'm sure will have everyone that sold out that low feeling like the biggest fools.
Whaa?? .09? when did that happen? Goat said he caught .13, but the lowest I saw was .17, And I was quite pleased with that, at the time havelock chart says low of 0.11 on friday ( https://www.havelockinvestments.com/fund.php?symbol=AM1) I was actively trading during the lightning storm sell-off and I could have sworn I saw 0.09 sold. Only 1 share however as soon as I saw that recent trade I did a head shake. 0.09 is just ridiculous. iirc ipo was 0.15, besides lack of info anything below 0.2 still feels like a bargain. How is 80,000 BTC for the whole company a bargain? Either in fiat or BTC. AM just did 10% of that in sales in a single month.Yes, but they sold at a loss (at least according to the data they released). Who cares what they did in sales if they lost money? Only thing that matters is profits.
|
|
|
Hows sales going, and when can we expect dividends for the past couple days?
|
|
|
Its also possible they left funds on the site in order to cover dividend payments, but it is fairly shady
|
|
|
|