Quote from: casinobitco on June 05, 2017, 03:40:40 PM

Quote from: Morguk on June 04, 2017, 07:28:27 PM

What's the latest on buying back shares?

Good timing for that question Morg.

So this year weve had three distinct opportunities to complete a reverse merger (RTO) on three different stock exchanges; however, in all three cases we were left at the alter because of various unfortunate circumstances outside our control (up-front money we were looking to raise before trading fell through, or when our broker got into a car accident and went off the grid and the deal fell through).

We still have some traditional financing options in play, but I personally have been looking around the ICO place to see if there was an option that made more sense for a crypto-currency based company like ourselves. At the moment Im working with a few of the principals in the Waves project to see if there is a fit. This is by no means a done-deal, but thinking out loud, if we were able to secure an ICO on top of Waves, we would be able to convert some (if not all) Havelock owners to that new token. From there original Havelock unit holders could either trade their token for different assets or crypto currencies on the DAK, or trust our vision for the next few years and ride it out with us.

In preparation for a potential ICO, I have also be working to pull in strategic members within the crypto space, as well as the gambling space. At the end of the day, Im optimistic these new advisers will not only help with an attractiveness of an ICO but also with running the company post capital raise, something that Ive been yearning for since we started gaining momentum in 2014.

Now, to state the obvious to all that follow here, I know I was just interviewed about a month back and said we didnt want to go the ICO route! If we do go down that route Im man enough to eat my own words and admit that was probably a mistake to discount the possibility that an ICO might be one of the strongest methods to capital we currently have.

For now, that is the gist of it, more to come in a week or two.

Hope this works out for you - and if you go the ICO route, I'm hanging in for the long haul.