Regarding returns: As part Havelockinvestments.com due diligence, we provided guidance on unit holder returns. Per the current model, and given the current market information, we are expecting to pay dividends of greater than 25% per annum (after fund expenses and management fees) to unit holders above and beyond the capital repayment.

The Fund begins collecting revenue before the first leased machine is even sent (through prepayment of a portion of the lease up-front), meaning we will be able to move to dividend/capital disbursements very quickly.

We have a direct lease to revenue model that has been historically proven extremely successful (HP/Xerox Printer leasing, GM Financial leasing of vehicles, Dell/HP Server leasing, and so on).