Q4 - Disclosure

The Hyperion fund is issuing this important interim disclosure as a portfolio company, Quantfury, has just processed its first dividend to shareholders. The Hyperion fund received $357,068.24 and it is anticipated that in the future dividends may be issued on a quarterly basis, however, the amount and frequency are entirely at the discretion of the Quantfury executive team. We congratulate Quantfury on reaching this important milestone in their journey! It is a very significant achievement to have generated a profit and issued a dividend just one year after the live launch of their groundbreaking and innovative trading app.

In preparation for future NAV growth and the eventual breaching of the $30m buy-and-burn threshold, $25,000 will be allocated to buy-and-burn activity over the next quarter as a systems test and to demonstrate the effectiveness of the enhanced value transfer to existing tokenholders if the token is trading at a discount. Full details of this activity, including the transaction details for the burn, will be published in the Q1 2020 report.

Through conducting a buy-and-burn, Invictus Capital is able to distribute fair value back to those who have supported Hyperion since its launch in June 2018. The capital allocated for the buy-and-burn will be used to purchase IHF tokens off the open market at a price as close to NAV as the market permits. This allows for fair distribution back to those who have held since inception and provides additional value to those who continue to hold IHF.

As an example, if the token is trading at $0.034 and the NAV is $0.107 — a $25,000 buy-and-burn would acquire $78,676 worth of value. This results in $53,676 in additional wealth created for existing tokenholders over and above the amount spent. This inaugural buy-and-burn will set precedent for the IHF token value going forward, and legitimize the NAV that Invictus Capital issues on a quarterly basis. The effectiveness of this strategy has been demonstrated across asset classes — from Berkshire-Hathaway to BNB.

The Q4 report will be issued, as usual, in the week of the 13th of January.

Thank you for your support on this journey so far and we look forward to an exciting 2020!

Engage with the team and community directly on Discord here.

Kind regards,

Daniel and the Invictus Capital team