Quote from: NotLambchop on July 30, 2014, 12:04:09 PM

Quote from: jrlichtman on July 30, 2014, 11:27:53 AM

All of the "listed" BTC companies (Havelock or anywhere else) are selling a "profit share", not an actual part ownership of the company. This is fully disclosed though. I don't think anyone on here finds this surprising.

BTW, thanks for the Howey Test video. It's a good explanation.

No. From the prospectus:

Quote

RentalStarter is issuing a total of 300,000 units of our Fund for purchase to the public.
This total represents 30% of the company, which is of a total of 1,000,000 units.

In short, a "unit" represents 1/1,000,000th of Full Power Asia Investment LTD, operated by DAVID CHONG SIN ONG.
Who is a failed third-rate scammer.
Who has websites dedicated to exposing him: http://davidchongsinong.wordpress.com/
In all likelihood, dead broke.

TL;DR: The shares listed on Havelock represent NOTHING. They are neither shares of Branny, RentalStarter, Your New Home LLC, Benny, ...but a dude with SIN baked right into his name.

.
Yep! And you, AO and I are the assholes for bringing all this to light. I'm 54 years old and have NO PROBLEM playing the asshole in this here Bitcoin space, especially when it comes to two holier-than-thou Brothers Schlick who argue the Bible on IRC, but on the same channel speak of hookers and blow and gambling, having websites of said (sans blow I believe), then come Sunday minister to the youth in the basement of their Church in the Heartland, namely Circleville, OHIO. For all we know, their 68,000 sq ft, 3+ acre spread (still no proof Benny won the auction and still is seeking the remainder ~$300K to satisfy the auction terms) may be used to play hide-n-seek with said youths.

Brandon is on record in stating that he uses Facebook to help vet his tenants, but doesn't use the internet to vet his director of RENT. To date, Benny is still trying to hunt down his director, John Kenton Freeman, for his HASH. Their lawyer gives them one advice, but they go to IRC seeking others, eventually going with what was espoused on the latter.