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Question: Should HASH be allowed to IPO on Havelock?
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Author Topic: [Havelock] HASH - buyahash.com Pre-IPO Discussion Thread w/POLL  (Read 8221 times)
ensurance982
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July 29, 2014, 03:38:00 PM
 #161

What's going on here? This is the most bizarre IPO thread I've ever seen! What about all those memes around here??? I guess I should just go ahead and invest a few BTC in this...

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July 29, 2014, 03:43:47 PM
 #162

^You totally should bro, d00d's 100% legit.
Get your coin ready and keep pounding F5, or you'll miss this exciting financial opportunity.
I might pick up a few shares myself, for reasons...

  ~Happy Investing!
Gleb Gamow (OP)
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July 29, 2014, 03:52:58 PM
 #163

What's going on here? This is the most bizarre IPO thread I've ever seen! What about all those memes around here??? I guess I should just go ahead and invest a few BTC in this...

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July 29, 2014, 05:17:02 PM
Last edit: July 29, 2014, 05:45:52 PM by Jayson6969
 #164

BUMP  Grin
RiverBoatBTC
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July 29, 2014, 10:57:23 PM
 #165

Just wanted to throw this out since I know good old benny will delete it

When did they win that auction? Cause the property is still listed on loopnet
http://www.loopnet.com/Listing/18254303/2150-N-COURT-ST-Circleville-OH

I am going to call the listing agent as well, glad I have a membership to loopnet Smiley

http://www.ohiorealestateauctions.com/property_details/2150_n_court_st_circleville_ohio_43113_previous_hardware_store_building_with_over_68_000_sqft_and_3_acres_568

June 12th was the auction date? That puts it at almost 60 days out.


The reserve on this property is $318,000.00 with a 10% buyer’s premium and a non-refundable 10% of the total purchase price deposit required of the winning bidder.  The winning bidder will close the transaction with FirstAmerican Title Company within 30 days of the live event.



Whats the status of the 0.04c/kwh and 68k sq ft building?
How does a successful IPO affect the timetable or progress of this lease?
What happens to the old HVAC and electric equipment after you move the operation?
Last time you built a mining facility the construction seemed to take couple weeks too long cutting into profits. Will this time be better?

1. We're in negotiations for purchasing it. We've already won the auction and placed a down payment on the building. I will be approaching a few lenders next week about finishing financing on the building. If all goes well, we will have the deed to the building before we request a single BTC from Havelock. I would note that the reason we are seeking to buy it is because we can lease out a portion of the building (which will be far too large for mining/distribution) and fully offset any leasing expenses that we would face at the facility. The end goal is to have the company pay for no mortgage, no lease, and very few upgrades at the building - hopefully allowing for easier balance sheets that simply focus on mining revenue, hardware sales, and basic COGs/Overhead expenses.

2. It would help ensure that we can close the deal if any additional capital was/is needed for facility acquisition. As-is, the building is usable for retail/distribution, but not for larger scale mining. The facility is equipped with, at a minimum, 800a/208v service, but we need to continue investigation of the current capacity to see what maximum deployment is when we move in.

3. We will likely cut out the current HVAC equipment to be moved to the new facility. Furthermore, the facility is already equipped with a large number of air handlers/compressors. It was a former hardware sale company (think Lowes, but a mom & pop building). Regrettably, we could have purchased dozens of HVAC units at a fraction of retail when they liquidated the assets of the company. But there is still a reasonable amount of hardware available for utilization upon move-in.

4. We continued to pay out dividends regardless of where the facility was. Since our pivot involves a more retail-centric offering, we can put money into hardware resales, while ensuring that the HVAC/electric is done in a proper way. Once that is done, we'll leverage liquid capital from hardware sales to move into mining. Even then, I believe that we can broker a deal with companies like ZeusMiner that are willing to sell (or even give) you hardware if you're willing to split coin generation with them. This could be a scenario where the investor pays only for HVAC/electric installation, while we leverage said deal and merely pay for electricity - offsetting any hardware costs that the investor could occur while waiting (and losing) potential mining profits.



I own a APT complex and I know for a damn fact when they say 30 days to close.. that it or they take your deposit and reauction the property. Not sure about OHIO laws but I know most real estate laws are pretty close, and it is illegal for them to change terms after the auction. It gives a bidder a unfair advantage.

Gleb Gamow (OP)
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July 30, 2014, 07:43:54 PM
 #166

Benjamin Schlichter of Circleville, OHIO, has opted to delete my posts (40+ and counting), among others, from his HASH (not drugs) thread, probably because he doesn't want his brothers and sisters at his church see his gambling and porn connections due to he and his brother, Brandon Schlichter, ministering to their children in the basement of their church.

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Gleb Gamow (OP)
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July 30, 2014, 09:40:24 PM
 #167

And the hits keep on a comin'!

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https://litecointalk.org/index.php?topic=3126.msg162342#msg162342

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We're trying to negotiate the boat (no, literally). There are a few lakes around the county we could take shareholders to for leisure trips as needed (assuming the boat works - I don't believe I've been on a boat before).

@Happy - My brother runs RentalStarter, and has a maintenance/construction crew that can be utilized for any repairs or rehabilitation. Because of this, we can leverage a work-for-rent schema that would allow us to mark down any repair or renovation costs significantly, and keep all such things in-house. Will we need to dedicate funds to the building to get it up-to-date? Absolutely. But if we mortgage the property, we could easily be in a situation where we may have to divert less than $150,000 USD from IPO funds to cover purchase + rehabilitation (then tack on the ~$4000/mo fee for mortgage/taxes/insurance). $4,000/mo we can swing even with the current slump.

Due to my brother being a Real Estate agent, we've discussed ways of "Tying up" the building in legal contracts that would give us 90+ days to find a lender and mortgage the property. If we went that route, we'd have plenty of time to get true costs evaluated before making the dive.



April 24, 2014: Benny speaks about the purchase of the 68,000 sq ft facility and how his Twinie will lease part of the it.

January 03, 2014: Branny (Brandon Schlichter) talks about some unknown already interested in leasing the same exact facility that his Twinie is looking into purchasing.

June 12, 2014: The 68,000 sq ft facility in question is sold at auction supposedly to Benjamin Schlichter.

And I, among others, are the motherfuckin' assholes for bringing this truism to light, with Brothers Schlick's cocksuckin' buddies givin' us negative trust for our efforts.

These fuckers don't have a motherfuckin' clue that they're only one phone call away from no longer ministering to youths in the basement of their Holy-rollin' Pentecostal church.

At the moment, I'm one pissed-off Bitcoiner.
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July 31, 2014, 02:18:51 AM
 #168

Wow, are you guys getting paid to write the dumb shit posted in this thread, or do you actually have so little going on in your lives that you sit on Bitcointalk all day and circlejerk with each other?

Gleb Gamow (OP)
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July 31, 2014, 02:31:21 AM
 #169

Wow, are you guys getting paid to write the dumb shit posted in this thread, or do you actually have so little going on in your lives that you sit on Bitcointalk all day and circlejerk with each other?

Honestly, we're seeking to IPO so that we CAN get paid to sit on Bitcointalk all day and circlejerkville with one another. Until then, we do this shit for free to better your Bitcoin position.
RiverBoatBTC
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July 31, 2014, 02:50:01 AM
 #170

Wow, are you guys getting paid to write the dumb shit posted in this thread, or do you actually have so little going on in your lives that you sit on Bitcointalk all day and circlejerk with each other?

Honestly, we're seeking to IPO so that we CAN get paid to sit on Bitcointalk all day and circlejerkville with one another. Until then, we do this shit for free to better your Bitcoin position.

That is correct and our the CircleJ IPO will be looking for funds in the amount of 1 Million Bitcoins. This is all the information we will release as it is a double super black opps IPO. The return will be 75% per month we have a contract to purchase a large parcel of land in a undisclosed location to start training future members.

Please PM me and I will give you the address to send you bitcoins to.

Gleb Gamow (OP)
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July 31, 2014, 03:44:48 AM
 #171

Wow, are you guys getting paid to write the dumb shit posted in this thread, or do you actually have so little going on in your lives that you sit on Bitcointalk all day and circlejerk with each other?

Honestly, we're seeking to IPO so that we CAN get paid to sit on Bitcointalk all day and circlejerkville with one another. Until then, we do this shit for free to better your Bitcoin position.

That is correct and our the CircleJ IPO will be looking for funds in the amount of 1 Million Bitcoins. This is all the information we will release as it is a double super black opps IPO. The return will be 75% per month we have a contract to purchase a large parcel of land in a undisclosed location to start training future members.

Please PM me and I will give you the address to send you bitcoins to.

Now that the coins outta the bag, we must as well show all our logo that we may, or may not, be using sans permission.

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