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Havelock Investments provide escrow service for raised funds during first 8 round of IPO. That means that bitcoin will be paid to Spondoolies-Tech directly for the purchase of the equipment.
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If the IPO will succeed, the funds after each round will be released to cbcm
[6/11/2014 11:03:37 PM] vcorem: You're releasing the funds to CBCM, correctly ?
[6/11/2014 11:03:45 PM] vcorem: After each round ?
[6/11/2014 11:42:43 PM] The Panama Fund - Havelock Investments: yes, once one is done, the next one follows
[6/11/2014 11:43:07 PM] vcorem: ok. Just wanted to make sure I'm not involved