Post
Topic
Board Securities
Re: [HAVELOCK](SFI) Seedcoin Fund I
by
triptamine
on 21/01/2014, 17:26:10 UTC

Speaking of dividends, although regarding their initiation rather than their cessation: is there a tentative timeline for when shareholders might expect to see commencement of dividend payments?

SFI is investing in startups unrelated to crypto mining and therefore following the same rules as any other early stage startups, only those achieving a certain degree of profitability are likely to distribute dividends in the near future, 100% of those dividends as attributable to SFI stakeholding will be passed onto Havelock SFI unit holders. Some SFI startups are profitable but not all of them, early-stage startups are usually not profitable. As a seed-stage fund SFI aims at holding stakes of startups with a high probability of later stage investment (series A) at which time SFI will exit or sell out most of its shares and distribute 100% of the shares sale proceeds to the SFI unit holders via Havelockinvestments.com (as described in a post above).

Many thanks for the prompt answers. Much appreciated.