RentalStarter - A Midwest Real Estate Investment Company

[Gleb Gamow]

John Kenton Freeman is also supposed to be from Australia.

[1715050111]

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[1715050111]

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[1715050111]

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[1715050111]

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[augustocroppo]

John Kenton Freeman is also supposed to be from Australia.

No, in accordance with the Honk Kong register he used an USA passport when he was appointed as director of BIG TREND CAPITAL INVESTMENT:

https://docs.google.com/file/d/0B6gZtLSqKPzQY05JZm1MSVNFaEk/edit

[Gleb Gamow]

John Kenton Freeman is also supposed to be from Australia.

No, in accordance with the Honk Kong register he used an USA passport when he was appointed as director of BIG TREND CAPITAL INVESTMENT:

https://docs.google.com/file/d/0B6gZtLSqKPzQY05JZm1MSVNFaEk/edit

Thanks. Got mixed up for a sec. At any rate, John Kenton Freeman's US passport number is 435958343.

[Gleb Gamow]

On 26th August 2013 the company FULL POWER ASIA INVESTMENT was founded by the same company which founded BIG TREND CAPITAL INVESTMENT, GNL13 LIMITED:

https://drive.google.com/file/d/0B6gZtLSqKPzQbzRJQXNQZmc5QkU/edit?usp=sharing

On 4th February 2014 a new director was appointed, DAVID CHONG SIN ONG:

https://drive.google.com/file/d/0B6gZtLSqKPzQdWpuRE5idVM2bmc/edit?usp=sharing

On 4th February 2014, the new director allotted 9999 shares evaluated at 1 HKD each to BRANDON E SCHLICHTER:

https://drive.google.com/file/d/0B6gZtLSqKPzQaVl3OWRybTRybjA/edit?usp=sharing

It is interesting to note that on 5th February 2014 an IPO was opened on Havelock Investments and 78534 shares evaluated at 0.0055 BTC were offered:

https://www.havelockinvestments.com/fund.php?symbol=RENT&action=getofferings

In other words, Brandon received 99% of the company shares evaluated at 9999 HKD (today that would worth ~1290 USD), but on Havelock he sold shares evaluated at 431.937 BTC (today that would worth ~267951 USD).

Now I am curious. How that works in the accountancy books? How the significant difference is write down?

http://reicoin.org/hello-world/

The REIcoin foundation will be operated as a subsidiary of Full Power Asia Investments.

REIcoin is the first cryptocoin backed with real-world assets like real estate, precious metals, intellectual property and cold hard cash. The very first crypto that pays coinholders interest for holding the coin.

I even found another coin own by Benny. Would either one of yous care to disclose it prior to me doing such?

[pummle]

Yada yada, lots of screenshots etc etc.

What is your point?

It seems like it should be obvious that Full Power Asia Investment is a shell company set up in Hong Kong to work around the legalities of having a US based company selling equity shares. Brandon and Benny are brothers, so it makes sense that Ben would ask Branny for a reference to a firm that sets up companies in Hong Kong, thus they both end up with shell corps created by the same person. I don't see any wrongdoing here?

The structure was stated openly up front, investors get a portion of the company, Branny gets the rest as payment for doing all the legwork in setting this thing up. If you think he is taking too large a share, then don't invest.

[Gleb Gamow]

Yada yada, lots of screenshots etc etc.

What is your point?

It seems like it should be obvious that Full Power Asia Investment is a shell company set up in Hong Kong to work around the legalities of having a US based company selling equity shares. Brandon and Benny are brothers, so it makes sense that Ben would ask Branny for a reference to a firm that sets up companies in Hong Kong, thus they both end up with shell corps created by the same person. I don't see any wrongdoing here?

The structure was stated openly up front, investors get a portion of the company, Branny gets the rest as payment for doing all the legwork in setting this thing up. If you think he is taking too large a share, then don't invest.

http://log.bitcoin-assets.com/?date=18-12-2013&bots=true

[NotLambchop]

Yada yada, lots of screenshots etc etc.

What is your point?

It seems like it should be obvious that Full Power Asia Investment is a shell company set up in Hong Kong to work around the legalities of having a US based company selling equity shares. Brandon and Benny are brothers, so it makes sense that Ben would ask Branny for a reference to a firm that sets up companies in Hong Kong, thus they both end up with shell corps created by the same person. I don't see any wrongdoing here?

My differently-enabled friend!
The "virtual units" you hold are not in Benny or Branny, but in Full Power Asia Investment LTD, controlled by DAVID CHONG SIN ONG, a petty crook.  Branny had repeatedly lied about the legitimacy and legality of this offering.  Working towards the greater good (though primarily towards the good of *my* Bitcoin), I have explained to Branny that I would let this turd lie, as long as his brother Benny didn't try to bring more fail and aids into the community.

But the ruinous combination of greed and stupidity got the better of Branny, and he opted to call my bluff.  Which was, tragically for Brandon and contrary to the statement below, not a bluff.

...Anyway, I wouldn't worry about it Branny.  This one dude and his arsenal of misc accounts isn't going to get the SEC motivated anymore than the thousands of other jackballs reporting things on their website...

Now you will learn firsthand the drawbacks of "investing" in HK shells vs legitimate firms, in a way that no explanation of mine, no matter how eloquent, could have matched.

  ~Happy Investing!

P.S:  It's happening.



Remember a while back someone mentioned that while the price is in the toilet, there are no substantial sells?  Now there are
Compare to the bids

[Gleb Gamow]

http://log.bitcoin-assets.com/?date=08-02-2014&bots=true

If one can't stay true to their religion for 28 years, how do you expect them to stay true to their investors especially in the Bitcoin World?

Remember, I've already shown that Benny and Brandon Schlichter have been seeking investors for their Real Estate Thingie since 2007. Since then, they've both have been involved in porn and gambling sites, all the while acting as ministers to children each Sunday morning in their church in Circleville, OHIO.

[augustocroppo]

The structure was stated openly up front, investors get a portion of the company, Branny gets the rest as payment for doing all the legwork in setting this thing up. If you think he is taking too large a share, then don't invest.

I am sorry to tell you that, but the investors owns 0 shares of FULL POWER ASIA INVESTMENT in accordance with the documents extracted from the Hong Kong register. Brandon owns 9999 shares and the remaining 1 share is in control of the appointed director. If at any point in the future it becomes necessary to investor prove their supposedly ownership of the company, they will discover they own nothing. What counts is what is legally registered, not what was promised. That is how the real financial markets works.

[RiverBoatBTC]

The structure was stated openly up front, investors get a portion of the company, Branny gets the rest as payment for doing all the legwork in setting this thing up. If you think he is taking too large a share, then don't invest.

I am sorry to tell you that, but the investors owns 0 shares of FULL POWER ASIA INVESTMENT in accordance with the documents extracted from the Hong Kong register. Brandon owns 9999 shares and the remaining 1 share is in control of the appointed director. If at any point in the future it becomes necessary to investor prove their supposedly ownership of the company, they will discover they own nothing. What counts is what is legally registered, not what was promised. That is how the real financial markets works.

You know, I have seen this since I became involved in bitcoin same shit happened with Pirate40.

skeptic: You should watch out this might be a scam
Followers: Its not your just spreading fud
skeptic: Here is proof its not what you think it is
Followers: You are just a troll
IPOHOLDER: Sorry we been Hacked/Legal troubles/lost the coins ect...... but we will pay it back and make it right
Followers: If you want to sell your shares at a discounted rate I will buy them
Skeptics: Still a scam
IPOHOLDER: MIA
Skeptics; And its gone
Followers;    Its.... Its... not true...
Skeptics; Told you so

This is just a short example of what I have seen happen time and time again since 2011

[Gleb Gamow]

The structure was stated openly up front, investors get a portion of the company, Branny gets the rest as payment for doing all the legwork in setting this thing up. If you think he is taking too large a share, then don't invest.

I am sorry to tell you that, but the investors owns 0 shares of FULL POWER ASIA INVESTMENT in accordance with the documents extracted from the Hong Kong register. Brandon owns 9999 shares and the remaining 1 share is in control of the appointed director. If at any point in the future it becomes necessary to investor prove their supposedly ownership of the company, they will discover they own nothing. What counts is what is legally registered, not what was promised. That is how the real financial markets works.

You know, I have seen this since I became involved in bitcoin same shit happened with Pirate40.

skeptic: You should watch out this might be a scam
Followers: Its not your just spreading fud
skeptic: Here is proof its not what you think it is
Followers: You are just a troll
IPOHOLDER: Sorry we been Hacked/Legal troubles/lost the coins ect...... but we will pay it back and make it right
Followers: If you want to sell your shares at a discounted rate I will buy them
Skeptics: Still a scam
IPOHOLDER: MIA
Skeptics; And its gone
Followers;    Its.... Its... not true...
Skeptics; Told you so

This is just a short example of what I have seen happen time and time again since 2011

We may have arrived here on the same boat when MyBitcoin was at the helm.

Howey Test

[jrlichtman]

All of the "listed" BTC companies (Havelock or anywhere else) are selling a "profit share", not an actual part ownership of the company. This is fully disclosed though. I don't think anyone on here finds this surprising.

BTW, thanks for the Howey Test video. It's a good explanation.

[NotLambchop]

All of the "listed" BTC companies (Havelock or anywhere else) are selling a "profit share", not an actual part ownership of the company. This is fully disclosed though. I don't think anyone on here finds this surprising.

BTW, thanks for the Howey Test video. It's a good explanation.

No. From the prospectus:

RentalStarter is issuing a total of 300,000 units of our Fund for purchase to the public.
This total represents 30% of the company, which is of a total of 1,000,000 units.

In short, a "unit" represents 1/1,000,000th of Full Power Asia Investment LTD, operated by DAVID CHONG SIN ONG.
Who is a failed third-rate scammer.
Who has websites dedicated to exposing him:  http://davidchongsinong.wordpress.com/
In all likelihood, dead broke.

TL;DR:  The shares listed on Havelock represent NOTHING.  They are neither shares of Branny, RentalStarter, Your New Home LLC, Benny, ...but a dude with SIN baked right into his name.

[Gleb Gamow]

All of the "listed" BTC companies (Havelock or anywhere else) are selling a "profit share", not an actual part ownership of the company. This is fully disclosed though. I don't think anyone on here finds this surprising.

BTW, thanks for the Howey Test video. It's a good explanation.

No. From the prospectus:

RentalStarter is issuing a total of 300,000 units of our Fund for purchase to the public.
This total represents 30% of the company, which is of a total of 1,000,000 units.

In short, a "unit" represents 1/1,000,000th of Full Power Asia Investment LTD, operated by DAVID CHONG SIN ONG.
Who is a failed third-rate scammer.
Who has websites dedicated to exposing him:  http://davidchongsinong.wordpress.com/
In all likelihood, dead broke.

TL;DR:  The shares listed on Havelock represent NOTHING.  They are neither shares of Branny, RentalStarter, Your New Home LLC, Benny, ...but a dude with SIN baked right into his name.

.
Yep! And you, AO and I are the assholes for bringing all this to light. I'm 54 years old and have NO PROBLEM playing the asshole in this here Bitcoin space, especially when it comes to two holier-than-thou Brothers Schlick who argue the Bible on IRC, but on the same channel speak of hookers and blow and gambling, having websites of said (sans blow I believe), then come Sunday minister to the youth in the basement of their Church in the Heartland, namely Circleville, OHIO. For all we know, their 68,000 sq ft, 3+ acre spread (still no proof Benny won the auction and still is seeking the remainder ~$300K to satisfy the auction terms) may be used to play hide-n-seek with said youths.



Brandon is on record in stating that he uses Facebook to help vet his tenants, but doesn't use the internet to vet his director of RENT. To date, Benny is still trying to hunt down his director, John Kenton Freeman, for his HASH. Their lawyer gives them one advice, but they go to IRC seeking others, eventually going with what was espoused on the latter.

[NotLambchop]

Meanwhile, back at the ranch...




@Gleb Gamow:  Of course people are going to be mad.
Benny and Branny are mad because they thought Bitcoiners were theirs for the bilking, and are now finding out it's not as easy as it once was.
Their "investors" are mad because who likes to be told that they've been had?  Who likes finding out his "investment portfolio" would be more valuable had it contained old candy wrappers and used Kleenex?
All's as it should be.

*Next buy over .22BTC?  574 @ .001305 = .7491 BTC
Time to give your brother a call again, Branny.

[pummle]

Meanwhile, back at the ranch...




@Gleb Gamow:  Of course people are going to be mad.
Benny and Branny are mad because they thought Bitcoiners were theirs for the bilking, and are now finding out it's not as easy as it once was.
Their "investors" are mad because who likes to be told that they've been had?  Who likes finding out his "investment portfolio" would be more valuable had it contained old candy wrappers and used Kleenex?
All's as it should be.

*Next buy over .22BTC?  574 @ .001305 = .7491 BTC
Time to give your brother a call again, Branny.

Looks like a good time to buy some shares for cheap.

[NotLambchop]

Absolutely!  Nice volume today, too.  Plenty of sells.  Havelock a bit hard to get a hold of, but if you just pound F5...

Last price was .0030

Edit lol no, someone put a bid @.00339998 and got sold into   International high finance.  Intoxicating

[Gleb Gamow]

http://webcache.googleusercontent.com/search?q=cache:rKHdTQ_tfhgJ:cascadianhacker.com/blog/2014/03/27_havelock-the-new-glbse-or-the-rentalstarter-scam.html+&cd=2&hl=en&ct=clnk&gl=us

Havelock - The New GLBSE (or, The Rentalstarter Scam)

The Bitcoin Exchange Scam works a little bit like this:

- open an "exchange" where people "list" "companies"
- exercise some form of quality control at the beginning of the scam to give the whole operation a veneer of credibility
- gradually relax whatever originally passed for "quality control", allowing basically anyone to "list" an "asset"
- do everything in ones power to drive up the volume, as the exchange makes money on trades
- allow anyone to list anything
- do crazy things like suspend trading on an asset to sell a "tranche" at a higher price than the market could ever bear

Havelock has let at least one operation (VirtEx) straight up walk with suckers cash. VirtEx listed on Havelock to raise funds to build out their platform, promised dividends and failed to deliver them. Six or eight months later (the timeline is unclear, because scam operators have no incentive to provide records for future audits), the Havelock operators unceremoniously de-listed the VirtEx asset, and all owners of VirtEx shares were quite fucked.

This morning brings a new chapter to the current incarnation of the Scam Exchange:

<the20year3> HL will automatically suspend all buy orders under .0075, so all buys have to go in at .0075

Quite the twist! We're going to suspend trading so that we can sell a pile of paper at a grossly inflated valuation. The market is currently pricing H.RENT¹ at 0.00525030². The plan is apparently to freeze trading on the existing asset and list a new asset - "IPO" style - that sells at a fixed price for a fixed duration. More likely than not by the time this second "round" completes, everyone involved will have forgotten the crimes committed and moved on to burning their BTC in some other chumpatronic fire.

Havelock. Considered harmful.

Footnotes:

1
A company that buys land cheaply in Ohio and then rents it out for an apparently fantastic return. HAVELOCK:RENT is a short on BTC with a crazy leg through the US property market in Ohio out to USD. Great play when BTC is slipping, as it has been lo these several months. We'll see how long this trend holds, as new players are showing up en masse on the daily in #bitcoin-assets again.

2
<benkay> !t h rent

<assbot> [HAVELOCK:RENT] 1D: 0.00525030 / 0.00536113 / 0.00562740 (907 shares, 4.86254898 BTC), 7D: 0.00520970 / 0.00540361 / 0.00563480 (3139 shares, 16.96192014 BTC), 30D: 0.00510111 / 0.00555895 / 0.00900001 (47528 shares,264.20559875 BTC)

Thanks to the following link where content was source - http://log.bitcoin-assets.com/?date=27-03-2014&bots=true - I can present to you kind folks the bestest Popcorn Time Meme known to man, albeit NSFW or youths who attend Sunday School in Circleville, OHIO: http://31.media.tumblr.com/e6dc76047ffec4f107c5d9e99de80c14/tumblr_ml1px0eVbl1sn68hmo1_1280.jpg

[Gleb Gamow]

Absolutely!  Nice volume today, too.  Plenty of sells.  Havelock a bit hard to get a hold of, but if you just pound F5...

Last price was .0030

Fallin' Fast

Fallin' fast
Heaven help us if I'm wrong
But we're givin' it the gas
Soon, comin' on strong

Don't loose your grip
Though it may not stand a chance
We're comin' on stronggggg
Yet, fallin' fast

[Gleb Gamow]

http://log.bitcoin-assets.com/?date=27-03-2014&bots=true