Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX
by
NotLambchop
on 30/08/2014, 14:12:24 UTC
...
What are the conditions that must be fulfilled before Havelock releases escrowed funds to the asset issuer?


A question which Havelock refuses to answer.  The corollaries have also been asked and remain unanswered:

1.  What conditions must be met for the issuer to be considered in breach of contract?
2.  How long may the issuer be (1) for the escrowed funds to be forfeited by the issuer?
3.  What will happen in case of (2)?
4.  How long does Havelock have to respond after (1) becomes a boolean 1?
5.  What recourse is available to the investors if Havelock fails to act?

All good, simple questions which must be answered before "Don't worry, ur monyz b held by us" becomes meaningful.