Post
Topic
Board Securities
Re: New stock on Havelock: 7C (Games on the 7th continent)
by
freedomno1
on 17/03/2015, 01:39:30 UTC
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