Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX
by
NotLambchop
on 29/08/2014, 15:35:38 UTC
@Korbman:
Quote
Issue #3) A third of the original funding raised by the IPO should still exist...somewhere. Theoretically, it should still be in the ScryptX Havelock account, unless Cryptx lied to the Havelock team to have it all withdrawn. I'll save my judgement on this until I can dig in a bit more.

You won't see any of that, regardless of Havelock holding it in escrow or not.

We are still holding 100 BTC in escrow for MS

The issuer has been incommunicado since

Update is under review by Havelock.

Havelock's last response (note date):

There are no plans to release any additional units of the Fund.

Everyone understood that the success of this company is heavily depended on the Bitcoin price and popularity.

If and when Bitcoin makes a "comeback" in price, so will the customers that want to trade their electronics for Bitcoin.

Best of luck 2 U.