Bitcoin Forum

The original thread has been locked, and the other thread is a whitewashed load of crap, so let's continue the discussion here.

Website www.neo-bee.com
Neo & Bee listing on Havelock exchange https://www.havelockinvestments.com/fund.php?symbol=NEOBEE
Reddit http://www.reddit.com/r/neobee/
Youtube https://www.youtube.com/channel/UCoROx4ZAwcFQdSeX0z_xonQ/about
Twitter https://twitter.com/NeoandBee
Facebook https://www.facebook.com/NeoBeeCyprus

Danny's latest statement:


So, my questions still remain:

Are we going to get financial statements?
Please explain what exactly happened with the unsold shares?

Yes Neo Bee should disclose some financial info at least.

Did someone really threaten Danny's daughter before all of this?

And if yes, why?

What statement do you want? From that message I understand they have no money, basically.

Danny, please release the usernames/contact details of the people who threatened your daughter, its only fair that the witch-hunt is now directed at them.

They have no money, but a lot of equity.

Those are very valid questions, but since danny is stepping down we probably won't be getting an answer on this forum. Why don't you contact NeoBee?

Evidently you're just as worse as the trolls. Which hunt? Really? Just take it to the police, it's their job.

i'm allot worse than the trolls. threatening someones daughter is a game-changer.

The gullibility and vengefulness of NeoBee playvestors is astounding.  After blaming MPEx for all that's wrong with their world, they turn their rage on "teh guy threatened mah daughter!"  In short, everyone but the guy who took their coin.

@mikemikemike:  The threats to children, little girls even, are as real as the bank you put your money in.  Thanks for shitting up my bitcoin.

fuck-that. everyone with two brain-cells knew neobee wasn't going to last. if you lost money in it thats your fault. This isn't about danny, nor getting people's money back, its about paying dues towards people who think they can threaten someones family, even over the internet.

honestly, all you, let still complain to danny, OMG HE LOST OUR MONEY, your idiots. all the signs were on the walls. if you lost your money leave now and take it as a learning curve

Lamb, im happy you lost money. you deserve it. and shitting up your bitcoin? your doing that yourself

Danny, please leak the details somehow.

thanks,

^"Leak the details somehow"?  Since when is it illegal to disclose the names of people threatening your child?  Especially if those people are real?  This is such shit-tear logic.  You honestly believe that your troubles began with some d00d on the intertubes threatening children?  How old are you?

your an idiot. think about it. it might take you a while though.

history repeats itself

@mikemikemike:  Stop raging.  If you think that Danny is being blackmailed by some d00d threatening his child, I got a bank in Cyprus to sell you.
@TradeFortress:  Lolz.

ofcourse you do, because you were stupid enough to invest.

Lolwut?  Only the greediest of fools invested in this failscam.  They also had to be incredibly stubborn and ignore all of my warnings.
Raging against your betters and ignoring sound advice may be fun, but it always ends in tears.

Indeed... the fall of a company & loss of funds due to negligence. Ho wait...

Things should have slowed down when 1400(!!!!!) bitcoins disappeared. I have no idea what goes through bitcoin people minds when they think they can make up deaths like that without stopping and reevaluating the entire situation.

Just some quick thoughts on this.  I'll assume that the reason given for vacating the CEO position is true.

I hope it doesn't sound insensitive, but is it normal procedure to lock down trading because of personal matters like this?  Are these two separate issues?  We still haven't heard about the "suspicious trading" and it seems like there has to be a connection to the CEO stepping down, right?

As for the money, am I reading it right that the company is basically bankrupt minus the money owed to them?  I know others will have a field day over someone leaving money on an exchange, but I'm not too upset about it.  I just thought there had to be more money out there.  I'm kind of surprised that the money ran out this quick.

If someone wants to come in and buy the assets, will shareholders be getting paid back?  When will trading be open again?


Anyway, best of luck to everyone involved.  Hope for the best, prepare for the worst!

So more or less with around 2,500BTC someone can become the CEO and take over right?

Sure.  I'm seriously considering it.  Eric Cartman bought an amusement park...

Hey, think about it like a shark, erm, sorry I mean an investor.
The whole thing is set up, It's just that there's money missing.
The infrastructure is there.
You know how much money is required for you to become the owner.

Cyprus has NO regulations when it comes to Bitcoin.
The Cyprus University accepts payments in Bitcoins for God's sake.

I think this might be an opportunity for someone with a bit of cash to invest or maybe a group of people willing to invest and take over.

Just my thoughts on the subject.

Somalia is probably not too heavily regulated either ::)

Anyhow, I'm sure any university in any country can start accepting bitcoin -- I'm not aware of any regulations prohibiting that.  Institutions not being [partially] funded by the state are also free to accept cattle and poetry in lieu of dollars, or even offer academic scholarships & just give it away.  Anyhow, why would anyone want to pay money for this fiasco?  Danny hasn't just turned Neo into a lolcow, but sprayed the rest of us with his bullshit.

Bro, do you have any personal issues with Danny?
Because if you do it has nothing to do with my thoughts on the subject.

And please do not compare Somalia with Cyprus.
Both have their benefits yet both have their flaws.

That being said, IF you invested in this and were wise about it then you would think about it differently.
I don't know, maybe it's because I haven't invested in this that I see things from a different (or proper) point of view.

To some it's a loss if they choose to see it that way.
To some it's an opportunity to jump on board and be the boss.

I am guessing you belong to the first group.

Please don't start an argument with me, I am not here nor to defend or fight anyone.

I am just saying what I see here.
And what I see is an opportunity to grab something for cheap.

EDIT: Why don't you ask Danny to provide you with all financial statements to see if it's a good investment to take over or not.
I believe it is the legal procedure to follow if you are about to invest in something.

^
If I haven't made it blatantly clear:  I have not put a single Satoshi in this scam.  Kindly refrain from suggesting that I'm capable of such embarrassing stupidity.

As far as having a beef with Danny?  No more than I do with anyone else scamming people and tarnishing the image of bitcoiners in the process.

Re. your edit:  A financial statement has been promised and never issued.

Just tell him you wanna buy him off ;)

If you closely inspect the prospectus, you'l read that the quarterly financial statement is indeed promised, but the timeframe in which that statement would be released is not clear.

The only thing they mentioned a timeframe on are the dividends. Which should've been issued 2 days ago at midnight.

The irony being that all this bickering, hateful dialogue and vitriolic 'debate' probably does as much to tarnish the image of bitcoin/bitcoiners. People see threads like the other NEOBEE thread and think "wow, why would I want to get involved in a community like that?". Never mind the actual content of the thread, the tone and hostility is effective enough at turning people off bitcoin.

I would be very interested to see some expenditure figures or the books of LMB Holdings to see where all the invested coin actually went. Realistically I doubt I will see any of my investment back but the optimist in me is still hopeful that something can be rescued from the ashes of this situation.

I'm sadder for the blow this may do to bitcoin adaptation by the masses and the advancement of user friendly bitcoin systems than I am for my own losses.

I read every single post in NEOBEE thread from the start of this fiasco and I never saw any "threat to his family", sounds bullshit to me, can anyone quote that "threat" please ? ;D btw gross irresponsible incompetence here, another Karpeles  ::) he's running away with your money and covering with bullshit excuses ... I am very very curious if somebody will be able to raise any capital via IPO offering in "bitcoin securities market" after this.

They will because Bitcoin investors have proven many times they are willing to invest in companies with unqualified staff, shaky dream-like business plans and absolutely no due diligence whatsoever.

I won't enter into whether he's bullshitting (scamming) or not, but one thing is clear: NEO is dead. No liquidity (for whatever reasons) and the CEO jumping ship.

I think I must have a guardian angel somewhere as I managed to get out of it just an hour before trading halted for a 20% loss.

No one likes to get teeth pulled, but though a trip to the dentist is not fun, painting your dentist as a villain is a bit much.  Learn from the pain and start brushing your teeth.

There needs to be pressure on Danny to release financial information.  Why are they having money issues a month after opening?  They raised a considerable amount of funds and the price of BTC grew considerably in that time, as well.  There is absolutely no reason why they should be having liquidity issues at this point in the game unless there was a gross mismanagement of funds or wrong doing. 

His explanation is unacceptable.

thekekk guy supposed to unleash his lawyer hounds

Well, ChopChop didn't like that I questioned Danny's statement, so he deleted my comments on the other thread.

I wish I could help out here, guys, but for the next few days I'll be busy exposing Bitcoin-Central and their money laundering scheme, for it's connected to InstaWallet of which they still have my 1,132 BTC.

NeoBee's been on my radar, but I had them pegged as viable. Sorry to read that that's probably not the case.

~Bruno Kucinskas

Pirate 2.0 stops by to rub salt in some wounds - lovely.

Surprised he didn't ban ChopChop -- ban evasion is one of the few explicitly bannable offenses here.

BadBear is Bad.

Edit:  But he's getting better -- ChopChop B&

The CEO mentioned today that they had 1420 btc in bitfunder/weexchnge that he said he personally covered for neebee sofar and danny himself had another 260 btc in bitfunder/weexchange and like we all know sofar people have only got back 6.175% of there weexchange balance and as cryptocyprus also said before that he should be the one that got his funds after everyone else from weexchange i guess he's still missing those 1680 btc until ukyo is able to pay everyone back.

What IPVO you are talking about?

NO financial statements
NO regular Audit

If you seriously want to make public company. Go to file an IPO in NASDAQ.
I doubt they will accept scam company.

it was apparently a direct threat...

this community makes me laugh, people are so used to scams that it's all they'll ever see. The best part is you can't see the difference between scam and failure/problem/setback, it's just all scam...

do you happen to know what percentage of startups fail?

^
Actually, the community is trusting to the point of gullibility -- it gets taken again, again, and again.  So no, scams is not all it sees -- you, for one, are *still not convinced*.

Danny wrote that he had to stop communicating with the staff because he didnt know if they were connected to the scams. So no names available i guess.

What i dont understand is... how is it possible to trash all the IPO-Money? I dont see what big investments had to be done.

One friend of mine has interesting point of view on this. I questioned : How is possible to spend so many millions in one month without any result?

he answered : You know, it doesn't need to be actually spend, it could be effectively laundered away. Easy with Bitcoin.

sorry mate... innocent until proven guilty, not the other way around.

until you actually give something of substance you can perhaps do your best to keep your speculation to yourself, it's people like you that may well be responsible for egging others on to the point of threatening behaviour...



lack of liquidity does not = spent funds...

e.g. if the bitcoins are being held as part of their pegged deposit scheme, but they need additional funds for expenses outside of those bitcoins allocated for that scheme, (now I'm no economist/business student so correct me if *THIS definition* is wrong), would that not equate to a lack of liquidity?

I believe they simply dont have the money since danny often wrote that he could pay the debts if coins werent lost there and there and he could pay it with his own money if he didnt lost personally so much too.

So it sounds to me like they simply dont have the money. If it would be bound somehow he would have stated it the same way he explained that he lost money with weex and mtgox.

Though i have no proof. It only sounds that way to me... :)

Didn't someone say the financials would be released at the end of last week or the week before on twitter?

the fact is, that announcement provides no details for what is going on, and raises more questions than it answers. LMB needs to make a real announcement right now and lay the cards out on the table.

Here's what is needed:
1. A financial report that shows where the IPO funds are, how much was spent, how much remains, etc.
2. A statement that explains what happened with the trading/suspicious activity. 
3. When will trading will be resumed?
4. How will operations proceed, and what's the plan for getting the company back on track?

That is the bare minimum of what is required, here.  Anything else is adding insult to injury.

I'd also like to hear TAT's version of things. His behavior indicates something major was going on behind the scenes, and he needs to come clean.

I got the same impression from what he wrote.  Party's over, no money to keep things running.  If that's true, there is some serious explaining to do.  How the hell do you not have enough funds to make it beyond your first month of operation? 

The problem is people get too distracted. Who knows why people come and scream scam, but investors spend so much time arguing with them that they fail to see the failure/problem/setbacks coming and end up with the same result as if it was a scam.

Total scam, something that turned into a scam, something that was a good idea that got unlucky, a good idea being run by someone who is incompetent, a bad idea with good people, good idea with good people that got ruined by bad luck/timing/something unforeseeable screwing them, something they should have seen coming screwing them, a meteor, it doesn't matter, they all end up with the same result, people having less coins than they started.

People were so busy arguing that Danny was in Cyprus (even though he wasn't) that they didn't care about the lack of financial reports or the fact hat they had been open for a month, and had invested in what appears to be the world's most expensive bitcoin info both

Before guilt could be proven, an accusation needs to be made -- not the other way around.  Mate.
Further, presumption of innocence is the basis of most criminal, not civil, law.  There are countries with civil law based on presumption of innocence, but most of the world does without it.
Rigors of proof, for most, don't need to match mathematical rigor.  We know that NeoBee is done even without a fork sticking out of its belly, yet some are still demanding moar proof.

That is also an important lesson to be learned from this. All of the people who spent the last week proving that this wasn't a scam did so by pointing out that they had spent lots of money. Spending money doesn't necessarily mean it's going to a smart place or that you are going to be making money.

There's a chance that TAT can't be fully open without running into legal/ethical problems.  I don't know, simply tossing a hypothetical out there.

Pretty much this. From Danny's post, i don't get the impression that they're bankrupt. Just that they didn't have cash available with the actual liquidity tucked away.. somewhere.

A portion obviously for customer funds. The rest? I don't know. An financial report would be useful for this one.


We know nothing except that Danny intends to step down as CEO and that the date for paying dividends is late. That hardly looks like 'We know NeoBee is done' to me.

As I said, it looks that way to me, though I could also create a hypothetical where NeoBee makes everyone rich and my cat discovers cold fusion.  Metaphysically possible but improbable.
On a cheerier note, no dividends were missed because you were not due any dividends.  Dividends come from profits, of which there were obviously none.

What evidence leads you to that conclusion?  Is there a financial report you have that the rest of us don't?

Again, this is simply a commonsensical assumption.  There is some evidence of expenses (photos of branch, press photos, ad campaign, etc., etc.) and no evidence of income (no announcements of live BTC trading or deposits).  If you would like more rigorous proof, I, again, got nothing.
I'm even unsure if you were due a quarterly financial.  Danny has stated that such statements will be issued, but no start date has ever been set.  If quarterly reports started from the IPO date, you should have already had one.

Highly likely. But even if there are no dividends i would expect a statement saying that there are no dividends this period.

And i'm not living in a world where my cat discovers cold fusion. I live in a world where facts are important and rumors are unimportant.

Buy the brand new company Neo&Bee with all their debts?
No. They don't have any reputation, clients etc. I would rather start a new company, it would be much cheaper for me.

That's what would every potential investor think during a meeting with Danny. So, there is no chance Neo&Bee will work in the future.
Glad I sold my shares and withdrew my bitcoins from Havelock.

I'm really lucky, guys! I withdrew all my BTC from MtGox right before their trouble/closing, and sold all my NeoBee shares right before their closing. LOL.

@Darkstone2,
Rumors are extremely important in my world, as is knowing how to gauge their validity.  It's hard for me to say whether you should have expected a report by now, since I don't invest in companies that are intentionally vague with such details.  But yeah, if I was in your shoes I'd be pissed.  Honestly don't know what else to say.

I don't think anyone was expecting a profit one month into this thing, but maybe I'm wrong.  If someone was expecting profits, I'd like to know why.

That doesn't excuse the lack of financial information, but I hesitate to assume anything when we don't have that information. Especially with Danny mentioning liquidity issues, a full financial report is absolutely necessary immediately.

what debts?  please elaborate to how much debt N&B has and how you came across that information.

thanks very much for educating me mate, I genuinely don't mind being wrong and I'm glad you corrected my ignorance here...

on the other hand, what you failed to read or address from that comment is that I simply do not like lambchops, his play-along has gone on far too long

Yeah i'm pissed. So pissed that i'm going to spread all kinds of FUD all over the place. That will surely help.

So far i've found the reasons for Danny's silence quite valid.  And the trading halt and lack of financial information questionable. But rather than burning the company down over those facts, i am giving them a chance to explain. There is no point in trying to drive down the price of an share that (provided the 'rumors' are true) might never resume trading since NeoBee is already as dead as a pork with a fork in it's belly according to popular opinion.

You can buy and sell Neo shares with direct Havelock transfers.

Thread started: https://bitcointalk.org/index.php?topic=554814

Well if Neobee is not doomed, then it is in very bad shape. When it comes right down to it is the real problem is how this all looks to Cypriot residents. For most, this will be their first reference to bitcoin, and it will be a bad one. Definitely not good for bitcoin pr  :-\

Most citizens of Cyprus have now heard of Neobee, and many got interested in Bitcoin because of it.
The infrastructure of the company and their plan is already there, the only thing that is lacking is money.
I'm sure some investors will see potential in that.

Yeah, it feels like dancing on the thin ice here :) But stay awake with eyes widely open(!) if you don't want to fall into water soon ! Dangerous is everywhere here.


What about this : Suspicious activity is when hundreds of investors are desperately trying to transfer shares from LMB joke-site to Havelock to be able to sell them asap at any price. So they just halt the transfers, preventing fall of the share price to 0.00.

*Btw what about 2nd branch opening scheduled on end of March? (just joking)

nah, I'm talking about stuff that actually happened.

More importantly, presumption of innocence is utterly stupid as an investment policy.

An investor who ignores rumours (rather than treating them as unconfirmed reports) is a moron.

that's bullshit.  anyone that regards all rumors as credible is an idiot.

People come out of the woodwork after the fact and say "the signs were there", but the signs are always there.  There are ALWAYS rumors floating around that a project is illegitimate or on the verge of failing.  There are rumors floating right now that Google or Apple will fail and collapse.

You're telling us that we are supposed to assume those rumors are credible just because someone, somewhere posted them on the internet?   ::)

FTFY

Re. your second post [the "edit" button is ur friend, BTW]:  After the fact, during the fact, and before the fact -- the very same thing. Right from the start :)

I didn't say an investor should treat them as credible, that would be stupid. I said he should treat them as unconfirmed reports. Simply ignoring or dismissing rumours is utterly stupid. You're always trading based on uncertain information.

Moving them from the status of "rumor" to "unconfirmed report" is treating them as credible.  A report is more credible than a rumor.  And doing that without examination of credibility or legitimacy is utterly ridiculous.

I'm not sure I agree that's what the word means, but in any event that's not what I meant. I meant don't ignore rumours. Lots of people on r/bitcoin (pretend to) do that if the rumours are negative, or even worse, try to get others to do so. Every time there's bad news coming out of China there are people who want to put up posts saying "rumour X is false" without evidence instead of "X is just an unconfirmed rumour". Real events are often preceded by rumours, even though many rumours turn out to be false.

I would be surprised if Danny can find a new owner...

It depends a lot on the details of the deal, assets, etc.  Unfortunately, we have nothing to measure it by, because we have no financial information about the operation or current status.

I wonder what the lease on that building is like.  Do they pay by the month?  Is there a deposit?  I was thinking that branch would make a nice cellphone store with minimum remodeling.  Would be pretty swish...

There is a Director change request at the Cyprus Company Registration Office, the request was submitted on 14/3/14

http://imgur.com/ZleKpAU (Alteration of officers)

https://i.imgur.com/ZleKpAU.png

The request can take up 1 month or more to complete so I guess by 14/4 we will know who replaced Danny

What makes you think it's about a new CEO and not one of the other execs quitting?

There is only one Director in the files LMB Subsidiaries Ltd signed by Danny

So this was planned long before he got any "threats" and went to silence... the replacement will be some white horse.

Is he able to avoid potential criminal charges this way? Are you able to reject this request?

btw the company is replacing CEO and shareholders don't know anything about it ... what a classic here ;D popcorn

I guess that means a replacement has already been found?

Maybe they hired on one of these?

http://s27.postimg.org/msxzrcm83/Capture.jpg

Or a fall guy willing to do some time for some coin?
*I jest :D

Doesn't matter if he resigned he still liable.
Based on the memorandum shareholder is again Danny's UK company so I guess change is legal

@NotLambchop Company no need to inform the registration office for those changes. The request is for the director for sure  

Where did this https://i.imgur.com/ZleKpAU.png come from?  Linkable?
Also not familiar with Cyprus corp. law, is there a chapter&verse to substantiate what you said?

Finally, are you implying that Danny misspoke when he said he was looking for a buyer, who would, in turn, appoint a new CEO?

You need Internet explorer site too old

https://efiling.drcor.mcit.gov.cy/DrcorPublic/SearchResults.aspx?name=neo&number=%25&searchtype=optStartMatch&index=2&lang=EN&tname=%25&sc=0

change page at footer to 1

i cannot say anything for sure yet we just need to wait to see who replaced the Director

LAW

where's TAT?  why hasn't he explained his actions?

TAT is ... somewhere very far away from this place  ;D

yeah, I saw that reaction, which made me immediately question the official story he gave.  He knows more than he's telling.  I wonder if it is better to spill the beans now or in a deposition?

He likely does, but there may be legal/ethical reasons preventing him from being as open as he's like (to paraphrase Danny)

yeah, everyone always uses the legal/ethical excuse when they know something illegal/unethical was going on.

remaining silent won't protect him legally, anyway.  if something illegal happened while he was fund manager, he's responsible and should be called out for it.  Withholding information from the shareholders, especially if he knew of serious/illegal actions, is unethical.

Everyone seemed fine with Danny using that line with the Ukyo gig.  I remember folks questioning it not getting much love in this thread :-\

well, technically, it wasn't relevant to the Neo thread.

If you suspect your CEO is bending the truth, it seems relevant.  Especially when he holds your money and you have next to no recourse if shit goes bad.

TAT, are you still involved in other Havelock activity, or was it just NeoBee?

now, you're just trying to stretch it to be relevant. If he lies about what he had for dinner to friends, it has no relevance to a thread about the business he is involved in. Not everything he does is relevant to Neo.  

As I remember, a thread was opening specifically for the Ukyo issue, and Neo wasn't involved (Danny bought them out), talking about the Ukyo case on a Neo thread was irrelevant.

In any case, that's not what we are talking about, we're talking about something extremely relevant, TAT possibly knowing of wrongdoing and hiding it from Neo shareholders.

Lying about huge sums of money is no more relevant your assessment of a banker than what he had for dinner?  I guess i got nothing.

No, that's not what we are talking about, quit trying to reframe it.  He said he couldn't talk about it and instead moved the discussion to the appropriate place (you know, the thread that was dedicated to that topic).  That's not the same as "lying about huge sums of money" and certainly isn't the same thing as TAT withholding information from Neo shareholders.

I:     "...there may be legal/ethical reasons preventing him from being as open as he'd like (to paraphrase Danny)"
You: "yeah, everyone always uses the legal/ethical excuse when they know something illegal/unethical was going on."
I:     "Everyone seemed fine with Danny using that line with the Ukyo gig."
You: "you're just trying to stretch it to be relevant. If he lies about what he had for dinner to friends, it has no relevance to a thread about the business he is involved in."
I:     "Lying about huge sums of money is no more relevant your assessment of a banker than what he had for dinner? "

Which brings us here.

To be clear, TAT has not stated or even hinted at being bound by law/ethics.  That was a hypothetical, made clear by "...there may be..."  It was you who brought up such statements likely being bullshit.  When Danny used that excuse to keep everyone in the dark about huge sums of money, (a line you yourself pointed out is usually crap), you argue that while [presumably] crap, it is no more important to this topic than a lie about his dinner.
Topic being Danny starting a bank to handle other people's money.  But possible lies about other people's money are irrelevant.

so?

Well this is not a rule but it it possible ....
Anyway this is not so easy, and you know - sometimes things just do not work easy ...

Is there any evidence to suggest that?  I don't think the volume on HL shows 400K shares being traded, but maybe over a long time.

The whole TAT thing really doesn't sit well with me.  And his responses to the thread discussing the banning of MP are suspicious, too.  His comments seem to indicate that MP/others were right, and TAT had knowledge to back it up.

400k ? wow ... from where you get this number? If he had 400 000 shares he must be so pissed off right now. I had hard times to liquidate several thousands, but 400 000 ? The market wasn't so deep for selling this kind of amount, and i was there at first peak at 0.006 and second peak at 0.0042 watching all trades live. No chance for selling 400k, never. So the better bet is that he's so pissed off because he lost a lot with this investment.

TAT was in contact with Mircea every day on #bitcoin-assets , they were always very chatty ... because of that I was very disturbed by that MPOE-PR thread about Brewster. That was the final red flag for me.

I wrote this PM to him back then, but never get any response :

just to be clear, MP and MPOE-PR are not (supposed to be) the same person

I never saw that, but I had to eliminate most of MP's claims, just cause he's typically full of shit like that, but also because he had a financial incentive to show some sort of wrong doing by Danny.

If TAT knew something was messed up, and was teaming up with MP, then he should be investigated for fraud.  If he was just chatting, knew nothing, then no harm done, but from his reactions lately, I have to come to the conclusion that he knew something was up.

We, however, still don't know what that "something" is/was.

does anyone actually believe that?

maybe these people, who also believe, what he told to that "Reuters chick" on IRC, that his joke-exchange has "dozens of employes working only in anti-fraud department"  ;D I Lol'd when I saw that in real time  ;D

they are same person. He's intelligent but little psychotic, but I respect that. Lot of IQ brings troubles. Ok, back to Neo.

and so it begins, here we go with the wild theories and goose chases.

Someone found an address on the shareholder list and is now claiming it's receiving dividend payments:
http://www.reddit.com/r/Bitcoin/comments/224jdc/neo_bee_paying_dividends/

::)

man, you said it.  I can't believe some of the shit I see in /r/bitcoin these days.  I guess that's the downside to greater adoption, more idiots.

The conspiracies aren't going deep enough. MP sent TAT in as a sleeper agent from the beginning. Just waiting for the rest of his troll army to get the forums all riled up, and then use their combined mind control with TAT's relationship with Danny to make all the coins disappear.

that's the best explanation I've heard, yet. 

No, TaT began believing in NeoBee, just as he did with his AsicMiner Passthroughs. After time though MP offered TaT too much cunt and n00dz and TaT converted. Once TaT was converted he corrupted Danny into depositing all of the coins in scams like Gox and Buttfunder/Weex. Then once MP taught TaT the incantations TaT summoned operator unreliability to destroy NeoBee's chances in its infancy.

Hasn't tat vetted all his investments and been wrong every time?

Sounds about right. No surprise he has joined the cult of mpex now.

Let's not forget TaT stands for 'Thick as Thieves'.

Much like trusting 'Magic the Gathering: Online eXchange' with money...

The bitcoin community needs to grow up. I'm particularly unimpressed with Danny's tweet just before seeing the Cypriot parliament. Something to the effect of 'this whole place is filled with thieves'. Just what you'd want from a CEO...

He's been here long enough to know that people threat with legal actions all the time, and then nothing really happens.
So, yes, remaining silent will most certainly protect him.

No, his response was a kid's whine, and a bit out of character, so I suspect he just used as a plausible excuse to leave this place.

Let me guess:  You've trusted your money to both?

Re. "remaining silent won't protect...":  Because you should always talk as much as you can, without a lawyer.

http://www.coindesk.com/neo-bee-ceo-danny-brewster-faces-fraud-allegations-cyprus/

So all that FUD from souce101 was actually not FUD?

https://bitcointalk.org/index.php?topic=289730.msg6030319#msg6030319

Are we supposed to believe anything danny says after he:

- Without informing any staff he boards a plane and leaves the country
- Does not leave plan in place for neobee when he leaves country "for business"
- Does not pay employees for entire month of march so they are quitting.
- Lost 400 btc of "his own money" in mtgox.
- Receives a single threat (why?) and decides that is enough to quit and abandon his company.
- Has not filed police report about threats.
- Leaves multimillion dollar company without anyone in charge after quitting suddenly.

Could this have really been a long con?

@jimmothy

Said threats might have scared him and made him act irrationally and we don't know how it affected his fiancee. In a way he put life of his daughter first to interest of shareholders and his company if those threats were real.

Too early to make rush judgements.

https://bitcointalk.org/index.php?topic=289730.msg6030319#msg6030319

No look it wasn't a con. Danny has lost a fortune in neobee. He has made a big business loss as CEO and has freaked out simple as. Wouldn't you?

The loss is not fraud, the loss is down to the market not following NB predictions. Many many businesses fail due to adverse market conditions or unrealistic profit forecasts. Many FIAT banks have failed and in the weeks before crunch point stress levels are beyond maximum for all involved. Danny probably didn't sleep or eat properly for 2 weeks leading up to this. It's not easy to go into work and tell 10 people you can't pay them, their jobs are gone and the company has no liquid funds to continue. He fled due to the stress of it. It's natural and he would have been far from himself in the days before the crunch day. He hasn't done anything illegal from what I can see he has just freaked out. Again businesses fail. That's life.

So he took all his belongings from cyprus with him on a business trip?

Why could he not communicate with the company/investors before the threats were made?

Why did he go "seeking investors" without informing the company first?

Why is neobee short on liquidity?

None of this adds up if you ask me.

yeah, don't forget he filed for change of CEO without telling anyone, 3 weeks ago.

He also took customers' money without giving them BTC.

It's simply not acceptable or even realistic for a startup to raise 6 million dollars during IPO and be broke by time they launch. Where did the money go?

The two customers may have a claim against the bank to get their money back but that would depend on their contract. If you put money into a bank and it goes bust you won't get it back - unless there are 3rd party guarantees inplace somewhere. The timing may have been bad for them, they paid in and during the processing of their money the bank went bust perhaps?

You are asking the wrong person but it still doesn't make a case for fraud. I think you know as well as I do what some of the outgoings must have been:

wages
software
advertising
rental
refurbishment
advertising
business partnerships
advertising

@jimmothy

Calm the fuck down and wait for a clear resolution before shitting your pants like that. Freaking idiotic weak hands.

They've started burning through cash before launch, months before. Launch was just public opening. Staff was hired before that. $6 million or 4.378.920 Euros is not that much when you consider all the staff, promotions, lawyers, trading software, lobbying, travel expenses, building renovation, POS terminals and so on.

http://s27.postimg.org/vn45akrc3/neo1.jpg

@herpy above:  ready to snap up some cheap sharez when the fun starts in half an hour on Havelock?

twat

No, 6 million is a ton of money even with expenses considered.

If they hired an accountant there should be no reason they even came close to bankruptcy. Money doesn't just disappear. It was slowly drained from their wallet until there was nothing.

And what "clear resolution" are we waiting for? CEO and entire company just quit.

The customers didn't put money in a bank, they bought bitcoin and, apparently, didn't receive what they paid for...

Buy and hodl!  Don't miss the long-term investment opportunity!!

it's pretty funny to hear people in here using incompetence as Danny's only defense that he acted legally.

They put USD into a NB pay-in account didn't they? That would then take a day or two to process before NB could move it to an exchange to buy the coins? And then the coins need to be transferred into their NB account? This could take 4 days during which the bank may have ceased trading. How else would it work?

Some of the biggest businessmen in the world wrote-off their first company. This was a big gamble on the price of BTC. It didn't pay off. The market has lost how many Billion USD this year? It was not an easy market to do well in in Q1 2014.

@Luttinen : What's your agenda here?

@mmeijeri post under mine : I don't think so, its impossible to pump this

Pumping and dumping?

I'm just surprised they had customers.

I dont think they were classic customers ... iirc they never start taking funds from customers in branch, they could be "friends" of Brewster, who told him at meetings : "Danny, it looks nice, here you are 20K, buy us some Bitcom"(I have this kind of friends) ... but yeah, we'll see  :)

Fooling himself into believing he's fooling others?

it would apparently seem so.
15 minutes for neoq, i'm quite intrigued.

Some have been aggressively gathering shares, now trading will start on an asset
that people suggest nobody is representing or steering/

Decentralisation at its finest, i say.

And so the dump begins

Literally giving shares away for free..

2014-04-04 17:02:27   75   ฿0.00000001   ฿0.0000
2014-04-04 17:02:27   4227   ฿0.00000001   ฿0.0000
2014-04-04 17:02:26   2000   ฿0.00000001   ฿0.0000
2014-04-04 17:02:26   2300   ฿0.00000001   ฿0.000

mesmerizing...

havelock down heheh

what's the difference between giving away for free and selling for 0.000001?????????? Thank you lol

Up for me.

Market cap 291 BTC. Must be that Bentley.

ftfy

I decided to hold onto mine for some reason.  Who knows, maybe Danny will win the lottery and have a change of heart on how he handled this situation.  Then he'll toss his hundreds of millions of dollars back into a payout for shareholders.

TO THE MOON BABY

FTFY

Just doubled my number of shares by spending 30 bucks equivalent.
To The MOOOON !!!!

I'd rather spend that amount on a nice dinner...

Here is a typical NeoBee bagholder  ::) (just joke)

http://s2.postimg.org/5zlgx0int/2014_04_05_05_06_42.png


I know where Danny is hiding NeoBee's money! The money is in the mattress.

http://s30.postimg.org/b9felbyjl/2014_04_05_05_15_10.png


And that's what finally happened to NeoBee:

http://s27.postimg.org/5n0i3trkz/2014_04_05_05_18_03.png


So, the NeoBee's failure signs were everywhere.

They could have reserves in order to pay you now.
Pretty simple, actually.

Maybe it wasn't a change of CEO, but a change of the CEO's home address, with the new address being in the UK.

Link, or more FUD?

Guy said maybe.
You know what they say about maybes if and buts, right?

"If ifs and buts were candy and nuts we'd all have a merry christmas."

i agree $6Million is tons of money

startups usually lucky if they get $500,000

neo bee another scam, glad i never invested i always felt something is wrong with it, it didn't feel right

@Luttinen

noone said maybe, in the quote i used,
maybe you got confused?

vela said that they filed for ceo change, i asked for link, or it is more of his FUD

Doesn't really matter if the CEO  has quit the company still belongs to the shareholders, the scary think now is that Havelock is trading shares of  a multimillion company for peanuts. And anyone with 320 btc can take control of the company.


 

This project was ambitious. The brand awareness campaign alone must have cost more than that. There were also costs associated with events, renovating the building, buying equipment, specialized software, web design, lobbying, lawyers, ordering POS terminals, specialized POS software, travel expenses to conventions. Keep in mind George the CTO or COO went to Miami convention not long ago to talk about Neobee (Danny was busy in Cyprus at the time). http://www.coindesk.com/miami-bitcoin-conference-schedule-available/

The big story in Cyprus for 3 months all the people where seeing advertisements saying WHO IS NEO.
 After the unveiling came  we learn that NEO  was the new company that will make all Cypriots  to be members of the BITCOIN community.
Now after only a few weeks all Cyprus is asking WHERE IS NEO,WHERE IS NEO....

the shares have no voting rights + the shares available havelock are less than 50% of the company.

Not only that, but the company doesn't belong to the shareholders and never did.  The shares are shares in *the profits* of Neo, not in the company itself.  Do folks even bother reading before giving away their coin?

On the other hand i do wonder why people assume that NEOBEEQ = NEOBEE.  Assuming that the trading halt was done per Neo's request and was legitimate (which I admit is sorta lulzy), the shares known as NEOBEEQ have nothing to do with NEOBEE, unless Danny has authorised this tradefest.

Dude https://bitcointalk.org/index.php?topic=553869.msg6081611#msg6081611

You were talking to this guy, were you not?

Neo and bee shareholder is LMB Holdings, people pay for LMB Holdings shares.

"shares" are representative of ownership in one company. Laws cannot change by rules

They probably add the Q to avoid lawsuits  

You are trading on an licenced Panamanian exchange in shares of a company illegally funded by US investors, just where do laws come into this?  Whose laws?  US?  Cyprus? Panama?
Things kids say ::)

They could but where is the fun in that? Banks make profit from holding your funds for a few days before processing them. The bigger the sum being regularly 'held in processing' the more profit the bank can make form this free cash. I'm not saying N+B were holding for processing but their partnered FIAT agency/middleman or whatever they were using to process their USD. N+B could obviously pay out from reserves immediately and probably would have in the future despite the processing delays in FIAT but you wouldn't if coins were tight at N+B. And coins were tight.

If that was the case SEC will have not make any enquiries to anyone neither MPEX

Said MP's shill who's about to be extradited to US to face charges. Sweet irony and double standards. https://bitcointalk.org/index.php?topic=553092.0

Havelock is actually a registered company while MPEx is just one dude and some paid shills, who doesn't even have a registered company behind it.

He's not a Shill he is Marcel Popescu. He is online 14hrs a day he's doesn't need shills. He hasn't heard on international extradition treaties based on a common set of laws and values or shared agreements. LOL It's been a long long time since a countries boundary has allowed someone to escape from justice. And Romania IS CERTAINLY NOT THAT COUNTRY!!!

http://www.fbi.gov/newyork/press-releases/2013/three-members-of-international-cyber-fraud-ring-extradited-from-romania-to-the-united-states (http://www.fbi.gov/newyork/press-releases/2013/three-members-of-international-cyber-fraud-ring-extradited-from-romania-to-the-united-states)

Learn the difference between a registered company and a licenced exchange.  Registering a company is trivial, becoming a licensed exchange isn't.  Havelock is not a licenced exchange.

@thekekk:  Your incoherent sentence fails to answer my question, that being:  Whose laws are being broken and what laws are those?

@minerpart:  Lay off the glue and return to your containment thread, where you may continue with your failings.

You don't seem to understand the difference between company and registered company let alone everything else.
You can pick either UK law or Cyprus law both laws are the same Cyprus law copied from UK. Read the articles of association.

Fail to answer the question yet again:  Whose laws are being broken, which laws, specifically, and why do these laws apply to an unlicenced Panamanian exchange?

right here: https://bitcointalk.org/index.php?topic=553869.msg6053935#msg6053935

Notice that it was submitted on the 14th of March.

320 btc just buys you the dividends, and only about 1/2 of the pubic shares.

And yesterday, you could have bought all of that for less than 100 btc.

Well a Q rating means that if someone takes over the reigns they could easily erase the old shares structure so it is a risk
https://www.sec.gov/answers/qadded.htm

When a company is involved in bankruptcy proceedings, the letter "Q" is added to the end of the company's stock ticker symbol. In most cases, when a company emerges from bankruptcy, the reorganization plan will cancel the existing equity stock and the old shares will be worthless. Given that risk, before purchasing stock in a bankrupt company, investors should read the company's proposed plan of reorganization. For more information about the impact of bankruptcy proceedings on securities, please read our online publication, Corporate Bankruptcy.

I don't get it.
Basically they say "we try to rebuild the company and maybe we manage do to it, but even if we are successful, you get nothing".
Umh... why?
I fully understand not giving money back if they are unable to recover, and I definitely understand that creditors should be paid first, but what's the point of "just erasing old shares" instead of "they are last in line"?

"...investors should read the company's proposed plan of reorganization." (https://www.sec.gov/answers/qadded.htm)

There is no such current proposal, so currently, investors are simply gambling.
This doesn't imply that they are being foolish.  Assuming there is absolutely no underlying value does not preclude wagering that the price will float up and you can get out with profits.  This was done with Labcoin shares, where pretty much everyone knew Labcoin was a scam.  This is Bitcoin, no one has ever gone broke by banking on greater fools.

Sure, but I was wondering why under any circustance "just erasing" old share would make sense. As opposite as, as I suggested, putting them "last in line", just in case something comes up. Which is usually nothing, fine, but at least in the rare case it does, they get it.
Maybe it's obvious to an expert, but it's not to me.

I'm not an expert either, but here's a start:
 http://www.investopedia.com/ask/answers/06/bankruptpublicfirm.asp

There are different types of bankruptcies (in US Chapter 7, Chapter 11, 13 etc., etc.) under Chapter 7, a debtor surrenders his non-exempt property, under Chapter 13 he retains it.  It's not trivial stuff, and "bankruptcy" is just a catch-all term.  Anyhow, no one filed for bankruptcy AFAIK.

This presupposes actual shares, these shares don't represent partial ownership of Neo, but "shares of the profit.'  This makes bankruptcy the worst-case scenario for Neo shareholders -- they are explicitly not entitled to any post-liquidation residual value.

We call it winding-up here.

But my question to you is how did you knew that Danny fled Cyprus for his safety?
and you kept posting here that he fled..
Are you involved with the threads that Danny received?

This is much clearer and makes sense and sounds reasonable – the previous SEC quote still makes no sense, but I guess we can live with it.

Correct observation, which basically is why you should never buy profit-share only (a mistake I did once).

I didn't know that Danny fled Cyprus, and still don't think he has fled for his personal safety or for the safety of his daughter.  Not sure what you're saying.
And no, I had no reason to threaten Danny and thus did not.  I'm answering this with the assumption that this is a question rather than an accusation, since I never deny absurd accusations.

ooops got you!! porky answering for NotLambchop nice work lad keep it up shill to late to delete

https://i.imgur.com/EIallHh.png

How many times have I told you that I have several accounts?  Why is this still a novelty to you?

Drats!  Discovered *again*.  Oh, what a world! What a world! Who would have thought a good little girl like you could destroy my beautiful wickedness!   

http://s30.postimg.org/hn4zv8hcx/Capture.jpg

What are you even doing here?

Do you really have such a boring life that it is more entertaining to constantly troll bitcoin securities forum day after day after day after day?

Do you admit that you are crumbs? He is the only other person in bitcoin history who dedicated so much time to trolling.

If you don't get paid for this shit I feel sorry for you..

And don't sell yourself short -- you provide passable entertainment.  I feel satisfied with my rewards -- educating finance enthusiasts while getting some luls in return.
Who knows, if I succeed, backyard investing might become a relatively inexpensive hobby.

Not invested in this, just a fun thread to read while I study. Anyways, if you see him post a My Little Pony picture then he is crumbs. As that is the only person who post those pictures in this securities section, it's usually the same picture with that pink or yellow or w/e horse too. No need to ask, it's pretty much certain it is crumbs.

583870/583870   ฿0.00031000   ฿180.9997


Enjoy.

Sorry signed out there Lohi

The investopedia explanation has it mostly correct in terms of liquidation and how that should work aka the priority scale Bondholders Preferred Shares - Common Shares etc.
What I meant is that if the company changes management as was mentioned in Danny's last post and decides to reorganize the company, their is a possibility that new ownership does not acknowledge the previous shareholder capital without a proposed plan for reorganization that includes the shareholders of current neobee shares.
Since Neo Bee Shares are non-voting to my knowledge the shares held have no real power in the decision making process and why Havelock gave it the Q rating in my opinion.
Until Neobee gives out a proposed plan of reorganization we are in the dark on what will happen to the shares now.

We do know if we trust Danny's post that they are not liquid presently and they are looking for new management, and who will write the new contract, aka some agency.
How shares will be handled is uncertain until we see the final copy though.

OP
The whole process will be completed and handled through an agency that specializes in these matters, once the final details are completed, the agency details will be made available to interested parties who wish to purchase 100% of my equity in LMB Subsidiaries Ltd thus taking full control of all subsidiaries. I shall also be providing the new owner full rights over the Bitcoin debts currently owed by BitFunder/WeExchange as I know people are working on a solution to recovering those debts for everyone that has funds stuck there. This process will also write off all directors loans I have made to the company and I shall not receive any financial compensation through this sale process.

http://www.investopedia.com/terms/l/liquidation.asp
Creditors liquidate assets to try and get as much of the money owed to them as possible. They have first priority to whatever is sold off. After creditors are paid, the shareholders get whatever is left with preferred shareholders having preference over common shareholders.

Since Danny is completely liquidating and moving ownership to someone else, the controlling stake will belong to the new owner.

OP
I am working towards having this entire process completed within a short period of time to enable the business to recover, to ensure that those invested do not lose out following this process.

General Bankruptcy Article
http://www.investopedia.com/articles/01/120501.asp

Would Angel investors be 'prefered shareholders'?

Wall gone.

I think they would not be preferred shareholders since they are part of the Private Tranche but are counted towards the Public shares
Not 100% certain myself though although the private tranche has no voting rights either.

LMB Holdings Share Structure
Public investors will hold 9,600,000 LMB Holdings shares (60% of the profits), whilst LMB Subsidiaries Limited (UK) shall hold 6,400,000 shares (40% of the profits), for a total of 16,000,000 LMB Holdings virtual shares, which represent 100% of the global profits of the LMB Subsidiaries Limited (UK).

Voting Rights
Shareholders in LMB Holdings do not have explicit voting rights. Any questions or concerns will be answered within 24 hours through our own investor relations website.

of course there are no voting rights you cannot just vote if you buy 1 share. In order to vote you need to have high %


The vast majority of shares are ordinary shares which carry a right to one vote per share. There may, however, be different classes of shares which may have no voting rights or restricted rights
However any five or more members, or the holders of not less than 10% of the voting rights can demand a poll

EDIT IN: Implied Rights Do Factor Into This (Aka) State Regulations under UK and Cypriot Laws

No they should all have the same privileges that said LMB Holding Shares have no rights regarding voting procedures unless presented by the board.

Public investors will hold 9,600,000 LMB Holdings shares,  LMB Subsidiaries Limited (UK) shall hold 6,400,000 shares, total of 16,000,000 LMB Holdings virtual shares

Voting Rights
Shareholders in LMB Holdings do not have explicit voting rights.

No idea what the implicit rights are do you know where it says anyone with greater than 10% voting rights can demand a poll?

EDIT IN: Implied Rights Include State Regulations under UK and Cypriot Laws

Not in the main thread
https://bitcointalk.org/index.php?topic=289730.0

Although there are dissolution rules

Dissolution
In the event of insolvency, all assets shall be sold and all proceeds remaining after repaying creditors shall be divided evenly and paid to each public share. Depositors are not creditors, and LMB Subsidiaries Limited (UK) will not have access to any depositor funds in the event of dissolution. Deposits shall be recovered by the customer though the external legal representative.

Companies Law sec321

(2)A provision of a company's articles is void in so far as it would have the effect of making ineffective a demand for a poll on any such question which is made—

(a)by not less than 5 members having the right to vote on the resolution; or

(b)by a member or members representing not less than 10% of the total voting rights of all the members having the right to vote on the resolution (excluding any voting rights attached to any shares in the company held as treasury shares); or

(c)by a member or members holding shares in the company conferring a right to vote on the resolution, being shares on which an aggregate sum has been paid up equal to not less than 10% of the total sum paid up on all the shares conferring that right (excluding shares in the company conferring a right to vote on the resolution which are held as treasury shares).

@freedomno1 Your facts are nowhere near true

You do have a point sort of, the thing is I am not sure if the SEC compliance rules apply in virtual securities or if they can be extended towards it sort of an out of jurisdiction issue.
The SEC is an American based legislation and we are dealing with a Bitcoin based system while American investors can turn to the SEC, it is a Cyprus based company so it doesn't really apply here as a universal case.

The reason I linked to an sec document for the Q rating is because that is commonly used terminology for an asset in bankruptcy or restructuring not because it conforms to a regulatory procedure like the one mentioned above.

That said I say sort of because 231 is fairly common worldwide in one forum or another so how it would be applied should be under Cypriot law does make it relevant as it is a real company even if the assets are denominated in Bitcoin.

http://www.olc.gov.cy/olc/olc.nsf/all/E1EAEB38A6DB4505C2257A70002A0BB9/$file/The%20Companies%20Law,%20Cap%20113.pdf?openelement
http://www.paschalides.com/ru/articles/corporate-articles/87-basic-aspects-of-cyprus-company-law.html

@thekekk can you define nowhere near true that is a bit vague we may be on the same page but different approaches, I'm basing it off the Neobee prospectus, your pushing through overlapping rules from American based Security Laws and while commonalities exist they are two entirely different ways to look at it.

You keep posting US laws that do not apply anywhere
2 companies here one in the UK and one in Cyprus

UK and Cyprus Laws applies.

And based on the exception shareholder/s own 10% can initiate voting.
Is called protection of the minority 

So it was just a difference in the approach, in that case I concede your points US law does not apply here and it should be based on UK and Cyprus based laws.

The interpretation from the prospectus rights and the legal rights of security law can be approached from different angles.
I was relying on the prospectus to interpret and not the legal law, that said while I do not believe that was an entirely incorrect approach,  your point is valid concessions to the law of the state aka the UK and Cyrpus are important since these are the implicit rights shareholders have.

Anyways went a bit into legal/investment based stuff thanks for pointing out that State Laws do give large shareholders rights outside of the Neobee Prospectus.

As an aside Havelock put the Q in their shareholdings so that's why I used the American SEC definition and not a UK/Cyprus based one
It is currently trading as NEOBEEQ   
Q Standing For - Bankruptcy proceedings

Regarding US Laws that do not apply anywhere, linking to an overview of corporate bankruptcy based on an investopedia article seems fine to me even it it is American based but feel free to clarify what you meant by US laws not applying since I didn't really reference anything explicitly american besides investopedia and the sec defintion unless you mixed my post with notlambchops explanation of Chapter 7 and Chapter 11.

As a second aside I kind of find it amusing we have more productive discussions here than in the moderated thread lol
https://bitcointalk.org/index.php?topic=529946.msg6102905#msg6102905

Is there any official+"legal" basis for Havelock to re-list the asset unilaterally? ("legal" because, well...bitcoin...)

Freezing the trading was a good decision, re-listing unilaterlaly with the .Q added is just scammy.

Can't wait for decent people to make a decent exchange...

How is freezing trading a good decision?

And why is allowing people to trade their shares scammy?

Neobee loses 10k btc and 2k in bitfunder and you say havelock is scammy?

Get real.

Freezing trading was a shit decision.

OTOH, since Havelock chose to do so per request of the issuer, it also follows that trading can not be resumed without the issuer's request.

Because intrinsic consistency.

Next they'll say that Danny came back and asked Havelock to invalidate all the trades made after the halt notice. :D

there is nothing official, apart from the announcements made here and on twitter a few days ago.

Havelock changing the listing name, because they "care" for customers without any formal announcement at least on their site, like they did with the trade-stop, is more than scammy.

screams of manipulation.

Are you blind or stupid?

Formal announcements directly from Havelock's site (https://www.havelockinvestments.com/fund.php?symbol=NEOBEEQ):

April 4, 2014

On March 28, 2014 Havelock Investments halted trading of the NEOBEE Fund; Havelock Investments has yet to receive any formal information in regards to the questionable trading activity on the LMB share platform website. We have not received any formal information on the current situation at LMB Holdings. Due to those factors we have decided that the unit holders on the NEOBEE Fund should no longer be suspended from trading their units. The Fund will now be designated as NEOBEEQ to reflect the uncertainty of the future of LMB Holdings – NEO BEE Ltd. Financial information on the status of the company has not been released. The units of this Fund will continue to trade even if the company will file for bankruptcy. We will continue to update you if any information is provided to us.
Trading will resume today at 5:00 PM EST


March 28, 2014

Havelock Investments has been formally informed by the Pass-Through Fund Manager of NEOBEE that the compliance officer of Neo and Bee Ltd has stated that due to an increase of abnormal activity on the LMB share platform, there may be a high possibility of questionable trading activity. While Neo and Bee Ltd investigate the issue further they have strongly recommended that we halt trading and transfers.
Havelock Investments has halted the NEOBEE fund and is awaiting further instructions from the issuer.

havelock is not in a position to give formal announcements on behalf of the listings.
Thats like saying that NYSE can announce what CocaColaInc can do with their listing.
all havelock can do is provide us with their reasoning for acting like they did.

there was no ann on this by neo.
Havelock has gone ahead and done what they though was good for them, according to havelock announcement.

Until neo confirms that everything was in accordance to them, nothing is official

http://s11.postimg.org/6u3tvctn7/Capture.jpg
and nothing of value was lost.

What a malicious little troll you are.

You tried to sell out Bitcoin to a banker.  Your scheme fell apart.  Bitcoin in the free market paradigm functioned exactly as intended.
Invisible hand in action is a joy behold.

Freezing trading means you don't get to sell for satoshis. If lets everyone clear the panic and protects the investors against manipulations like Neo or whomever buying back cheap shares.

Also, freezing was done on behalf of Neobee, because Neobee _asked_ for it. The re-listing was done unilaterally by Havelock. They have no right to do it and it wasn't done because Neo asked. That created a panic and ppl sold for satoshis. Bascially, Havelock stole all your Bitcoins Neo shares and gave you Goxcoins Neobee.Q shares.

If it were a real company, I would seize the SEC or equivalent and get their ass sued to kingdom come.

Danny needs a bullet hole

Havelock is not an investor protection service. It is a stock exchange. People use the site to trade stocks and as a shareholder that is exactly what I want to do.

I dont need you or neobees permission if I want to freely trade my shares. If you don't want to trade your shares then feel free to not trade your shares.

Neobee did not have the right to freeze trading simply because there is "suspicious trading" on a seperate trading platform.

And havelock does not need neobees permission to resume trading because there is no neobee.

No company. No ceo. No staff. Nobody to resume trading. Havelock is in charge of the passthrough now that TAT quit.

So should all shareholders be stuck with their shares indefinately and call it a game? Of course not. We should be able to salvage pennies on the dollar if we want and speculators should be free to speculate.

And how is havelock stealing anything? They have earned a whopping 0.1btc in trading fees since enabling trading. Do you really think they care about so little btc?


No you wouldn't because first you need to be invested in neobee which you clearly aren't because if you were then you would not be against unfreezing trading. Second the SEC has no jurisdiction in panama. Thirdly this is the last thing someone would go to the SEC for.

Please stop talking shit.

Realize that havelock is actually a pretty decent exchange.

none of the shares on HL are owned by NeoBee anyway.  What right do they have to limit trading of publicly held shares?

Out of context much?

You are implying than a stock exchange has supreme power over a company, above board of directors, and shareholders, because the share is traded there.
Havelock stopped trading because the company asked so.
Havelock resumed trading on their own and actually store your shares, as others have pointed.

And if havelock says jump, do you ask how high mate?

EDIT, could not resist, you fluffy troll, bold test is my emphasis:

for the past two days, neoq had more than 200btc trade vol, per day.
You are implying that havelock made 0.1 btc with over 400btc daily trade vol on neobee, in two days?
you so funny.

False. For the past 7 days, the total tade volume of NeoBeeQ was 74 BTC total. Havelock gains 0.4% per trade, so that is <0.3 BTC total. LMB holdings probably gets 10% of that.


https://i.imgur.com/4vDP78W.png

It probably went down something like this:
-OMGWTF we halted trading?!  How dafuq r we gunna justify this when CSA comes knocking?!
-We're in Panama.
-Right, whatever.  What now, eh?
-So let them trade again, eh?
-Right.  You gonna finish that poutine, eh?

Here is the missing Danny?   >:(

https://bitcointalk.org/index.php?topic=561454.0

I do love when people talk out of their ass.

First of all the fund listed on havelock is not under neobees control. It is a passthrough run by tat who ragequit giving control to havelock.

Fact is that trading should have never been halted to begin with. If danny or tat didn't authorize it then who did?

Second, there was only 74btc traded so far since trading resumed. Only half of that is taxed (no fees on buys) so havelock has made a whopping 0.15 btc by allowing trading. Wow such scam. Very profit.

You have no idea what you're talking about. Havelock makes 0.4% per trade, that is 0.3 BTC, not 0.15.

The announcement clearly states that the NeoBee compliance officer requested the trading halt.

0.3btc or 0.15 doesn't matter because it is incredibly tiny. We are talking about a company which supposedly lost 12k btc of investors funds a month after launch and you guys are concerned about havelock making 0.3btc on trading fees?

The announcement clearly states "they have strongly recommended that we halt trading and transfers."

So it was only a strong recommendation which havelock is free to ignore.

We're talking about an exchange with absolutely no volume, .30 ain't nothin' to sneeze at for Havelock.
But you're right, it's not the .3BTC they were after.  They probably thought that resuming trading was the simplest way to undo the harm they caused by halting it.  Worked about as well as expected.

If anyone is interested this is Danny's bitcoin wallet address.

https://blockchain.info/address/16HQH4QNhec4MgRYnetdhD6KzH3uRsZ3hp

The last transaction is 20th March.  and its now empty.

Any evidence that's his address?

Volume on Havelock, Apr. 4 to 9.
http://s27.postimg.org/k1i9cuqi7/Capture.jpg
Pool's Closed.jpg

What kind of evidence do you need?

Any evidence at all would be nice.

The kind of evidence that would prove that 16HQH4QNhec4MgRYnetdhD6KzH3uRsZ3hp belongs to Danny of NeoBee.

Is that blindingly obvious point not clear enough?

Well he sent me a payment from that address all I have is an email from him with the blockchain link.  Not sure why I would make this up?

Edit: all i could really prove is a screenshot of the email?

Thank you for actually contributing the fact that what you really wanted out of this was to be able to resell your worthless shares to another "investor" and thus pass the buck.

Also, if you really think Havelock is actually a half-decent exchange, explain: VTX, RENT/RENT2 (or whatever they call it), CFIG, etc.  Do you mean less scammy maybe? If it ever were a half-decent site in the past, it sure is going the wrong way.

You might also be interested in checking out the SEC/FINRA rules on trading halt. Some of them should really be applied in Bitcoin stock "exchanges", lest we stay in scammer-land (good for scammers, bad for investors and everyone else).

Do you really think that those fly by night operators care about their customers? lol

He could have send it from any website with a shared wallet. So theres a chance that its not danny's address. Only an address he got his coins paid out to you.

You are right. I did want out of this. Why are you so bent on forcing me to hold my shares. They are my shares shouldn't I be free to do as I please with them? You and I might think the shares are worthless but clearly the people buying right now feel differently.


I think you should really learn how SEC handles trading halts. In case you didn't already know, the halt was merely a suggestion from a random neobee staff member. Havelock has every right to ignore the suggestion especially when no more communication is coming from the people who suggested halting trading to begin with. So even if the SEC was regulating havelock, they would be fine with how the halt/resume was handled.

It seems more likely to me that you are just looking for reasons to hate havelock. It is fine if you think they are sketchy or don't care about customers but resuming trading only benefits the customers so you will need to find another straw to grasp at.

TIL random staffers decide upon the fate of a company stock.
The more you know.

Ignoring "suggestions of random staffers" is more of a duty than a right, but I'm not too well versed in Panamanian civil law as it applies to unlicenced Panamanian exchanges.  Care to clue me in?

!visited yesterday neo and bee office still there the bank still there the software company still there and factionong the the advertismet  company working so what the hell is happening all this for free shares!

Then why don't you buy them all?

Any evidence to support your claims?

BS - any photos, even one? You took not a single photo???

Things look pretty bad:

http://www.coindesk.com/neo-bee-ceo-breaks-silence-alleged-bitcoin-fraud/

Danny Brewster, CEO of Cyprus-based bitcoin company Neo & Bee, has broken his silence, taking to reddit to address some of the rumours that have been circulating about him of late.

Posting on the forum as ‘cryptocyprus’, the British-born entrepreneur said the suggestion he has committed fraud is his “greatest concern” at the moment.

Earlier this month, Cyprus Mail reported that two customers paid Brewster €15,000 and €20,000 for bitcoins, which they never received.

Further allegations then started flying, claiming Brewster had left Cyprus and defrauded investors. Brewster took to the Bitcoin Talk forum to defend himself and admitted he was out of the country, but stressed that he was away on business.

In his reddit post, He goes on to explain that he sold bitcoins to a number of people prior to Neo & Bee opening to the public, with four of these people requesting that he hold their bitcoins until they provide him a wallet address to send them to.

“Sorry to disappoint those that believe the tales that I simply took them…. The keys are still stored on paper. The total sales to these 4 people amounts to 75.29270138 BTC which were purchased for a combined total of €35,213.57 so I have no idea where the values reported in the media have been derived from,” Brewster’s reddit post continues.

It goes on to say:

“I have not received one single request from the individuals who bought the bitcoins from me to send the coins to an address they provided. With one exception a request was made but that was received from the individual that introduced one of the buyers to me, they requested for me to transfer the coins to his Bitstamp account.

I didn’t send the coins to his address as he was not the person that I had the agreement with. One of these people went directly to the police following rumors that I had fled the country.”

Brewster claims he has been trying to contact the Criminal Investigation Department of the Cypriot Police for days via both phone and email, but they have not responded.

He goes on to explain why he did not return to Cyprus immediately following the issuance of an arrest warrant:

1. I have a family funeral to attend.
2. The whole situation can be resolved without me doing so.
3. The manner in which the investigations are being carried out are concerning, the police haven’t made an attempt to contact me despite numerous personal requests for them to do so.

Brewster suggests that the four customers provide their wallet addresses to the police, who can then forward this information to him. He has instructed a lawyer in Cyprus to facilitate this process.

Personal circumstances

Brewster’s reddit post, titled ‘The full picture from Danny Brewster’, continues by explaining a few facts about his personal circumstances.

It claims he had enough bitcoins in Mt. Gox to pay back all of Neo & Bee’s creditors in full, but now that the exchange has closed down, he does not have access to any of these funds.

He also confirms he bought a Bentley in December, which is still in Cyprus. He says he had planned to sell the car this summer, reinvesting the profit into Neo & Bee. Now he will sell the car and put the money towards satisfying the company’s creditors.

“I am concentrating first and foremost on resolving the issues with Cypriot police including my planned return to Cyprus. Only then I will concentrate all of my time on resolving everything surrounding Neo and Bee,” his post concludes.

Are you the copyright holder of that block of text? No? Than use a quote block.


would you care to elaborate why things look bad? I see a CEO that cares about his company enough to put his own money in, how is that 'bad'?

I see a classic bullshit delaying tactic as usual from danny.

50+ updates for bitfunder/weexchange and literally no information given or progress was made.

100+ updates with neobee and nothing was done besides spend all investors funds on advertising and a new house/bently (he expects us to believe it was his own funds?)

How can you even say ge cares about the company when every cent of investor funds was wasted before launching and we are only made aware of the catastrophic failure after danny takes a surprise vacation and the company collapses?

Please elaborate on where you got the idea that danny gives a shit.

Party's over.  Everyone left, even your caring CEO.  We need to lock up.
Kthxbi.

Any evidence he bought the Bentley with company funds?

And evidence 'every cent of investor funds was wasted before launching'?

No? Then this is just more speculative FUD. Do yourself a favour and wait - screaming into the wind does nothing to resolve a situation. If the police are actually involved, this will be resolved through legal channels and everything will become clearer in the end.

How did that work out for bitfunder?

You are going to be waiting a long time at dannys rate.

And you don't find it suspicious that danny all of the sudden became rich after launching this company? New house, new bently, new mercedes, 400btc of "his own" money stuck in mtgox.

Also most of that "speculative FUD" you dismissed earlier has now been confirmed.

Here is a quote from neobee staff

@NanoAkron:  Police don't care about your "investment,"  nothing will "become clear in the end."
On top of fleecing you for your coin, Danny also took IRL fiat from IRL Cypriots, promising them stuff he didn't deliver.  That's what the warrant is for, that's what the cops care about.  Not your virtual shares of virtual silliness profits.  

Oh dear oh dear. An unsubstantiated series of claims by someone who made an unsubstantiated claim on reddit that they were a former employee of Neo (because nobody lies on reddit). You MUST see why this is a ridiculously low standard of evidence you're setting for yourself.

IF the person on reddit posted some form of proof of their former status at Neo, IF they then provided evidence to back up points 1 and 3, THEN they might be worthwhile points to discuss.

Furthermore, bitfunder was never an incorporated business with offices and employees. If you can't see the difference between bitfunder and NeoBee, then I'm not sure anyone can help you. IF the police are involved in the Neo situation, we will see forward progress through the legal process. This was never the case with bitfunder.

This is not an update on neobee, but an update for danny's personal situation.

Confirmed? Then show me the evidence.

This thread, and its "moderated" (?!?) spin-off, have been pretty boring of late.

To those who demand evidence of everything: you are accusing the Cyprus Mail of lying and/or of copy-pasting their article from this forum without bothering to make even a single local phone call to the N&B offices to check.  That is a serious accusation, so it is your turn now to provide the evidence of that.

As for Danny's  background before going to Cyprus, we have only a claim that "he worked as security in nighclubs and pubs in Sheffield UK".  Are there any public records of that?  Did he have any schooling after high school? Did he ever provide a biography? 

Not trying to defend or accuse anyone, but i feel i need to point out that asking for evidence is not an accusation, as someone claimed.

That is a suspicious innuendo, reminiscent of other times in human history.


This quote above, (bold and underlines are mine) seems to be saying that the people that are asking for evidence from a media outlet, are actually accusing the media outlet of lying.
And two lines below, the same poster is asking for evidence on a part of the story that is of interest to him, personally.
Now, why would someone accuse the people that are asking for evidence, in the same post he himself is asking for evidence?

A few posts back, another poster gave an address claiming it was brewsters wallet.

People asked him to verify that the address he posted belongs indeed to the person the poster said it did.
If you take a look you will see that a few people asked for "any kind of evidence that the address belongs to him".
The people that asked for evidence are either critical against neo, or supportive, nevertheless do ask for evidence.

The anonymous poster only told us that he had received a payment from brewster via that address and thus he claimed that the address was indeed his.
This is no evidence though. You know that, i know that, the poster who made the claim also knows that. Yet he made absolutely no attempt to verify his claim.
Why would someone make such a claim, if he has no evidence to support it?

Without any evidence of any kind, such statements can only be seen as suspicious.

Anyone can make a claim.
It is up to the person making the claim, to support it with substantial and independently verifiable evidence.

Furthermore, unlike anon speculators or commentators like you and me, news outlets do have the obligation to follow up and check on what they are reporting.

This startup is only a few months old. It belongs to the real world, not the virtual. It is not a scamcoin, or a "cryptofunds" IPVO.
It went public, this has real life implications.
If authorities are on it and any mismanagement has occurred, it will be revealed and dealt with.

Red text.  Inclusive or.
Yes, demanding evidence is implicitly accusing media of lying and/or not verifying sources, especially when taken in context.  How do you read it?

*The press is neither obligated to, nor does it usually, provide evidence.  Journalists often mention sources, e.g. "Police spokesperson," but that's about it.

well, i suppose that's one way of seeing things.

This thread is starting to read like some Theater of the Absurd (https://en.wikipedia.org/wiki/Theater_of_the_Absurd)  play...  ;)

Asking for evidence in general is not an accusation.  However, the people who have been asking for evidence (at least some of them) explicitly denied that the Cyprus Mail artilcles were evidence.  What else could they be then?

I have my evaluation of the situation, my standards of evidence and my way of making sense of what I read, thank you.  I write my opinion based on that evaluation, and how I got to it.  Everybody is entitled to a different opinion, and no one is obliged to find my arguments convincing.

Some quite emphatic but quite contradictory testimonials have been posted here.  It follows that least some of the people posting here are shameless liars.  Naturally, I consider any factual statement posted here as very weak evidence.  When several such testimonials and external documents agree, and none contradicts them, I may give a high probability to the statement.  When testimonials and/or external information disagree, I must try to guess which is more credible, and assign appropriate probabilites to each version.

I am curious about the schooling and professional history of Mr.  Brewster in England, because they obviously could change a lot my evaluation of the situation.  In fact, I would think that any investor should want to to know that basic information before investing, and anyone who solicits investment is obliged to provide it.

Asking for evidence is not an accusation, simply a verification of what he just said. If i make a statement, you ask for evidence, and i refuse to give that evidence for no known reason, doesn't that implicate that my statement was false? If i can't provide the evidence, i might just as well said nothing because the statement holds no value without it. For example, i know a shop that does not abide to certain customer protection laws. I've knew that for years, but i have kept my mount shut until the first public viewable evidence arrived.

And about cyprus mail, it's a local newspaper, none of the larger newspapers have copied the story. That reduces the chance of the story being based on actual facts. The chance that the story is correct? I don't know, maybe 50%? Any statement in this forum without proper evidence, i give that 0% change of being correct.


Oh, and the moderated thread is no longer moderated, since the OP was banned after i provided a boatload of evidence to the mods.


This is a fair point, and i am not questioning the authenticity of the "this is danny's bitcoin address' statement". But you must know that on any forum, there are always those that spread false statements. Either because they don't know, of because they think it's fun. Asking evidence is a good way to actually help the unknowing, and discredit the liars.

Well, the story has been picked up by some other newspapers, and the arrest warrant seems to have been confirmed by some reporters:

Kathimerini  (CY, weekly)
http://www.kathimerini.gr/761354/article/epikairothta/kosmos/diey8ynths-etaireias-bitcoin-egkateleiye-thn-kypro-meta-apo-apeiles (http://www.kathimerini.gr/761354/article/epikairothta/kosmos/diey8ynths-etaireias-bitcoin-egkateleiye-thn-kypro-meta-apo-apeiles)

iCyprus
http://ikypros.com/?p=8302 (http://ikypros.com/?p=8302)

Shangai Daily (CN)
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=213327 (http://www.shanghaidaily.com/article/article_xinhua.aspx?id=213327)

Daily mail (UK)
http://www.dailymail.co.uk/news/article-2603742/British-boss-Bitcoin-virtual-currency-firm-wanted-Cyprus-suspicion-fraud.html (http://www.dailymail.co.uk/news/article-2603742/British-boss-Bitcoin-virtual-currency-firm-wanted-Cyprus-suspicion-fraud.html)

Financial Mirror (CY)
http://www.financialmirror.com/news-details.php?nid=32369 (http://www.financialmirror.com/news-details.php?nid=32369)


The Cyprus Mail seems to be an old daily newspaper based in Nicosia, the only one in English language.  is is appropriate toc all it "local"?
https://en.wikipedia.org/wiki/List_of_newspapers_in_Cyprus (https://en.wikipedia.org/wiki/List_of_newspapers_in_Cyprus)

As for other (Greek language) newspapers in Cyprus, I don know what to search for with Google.  If they did not report on the affair, I would rather conclude that Neo & Bee was not such a big thing in Cyprus after all...

But the most significant thing,for me, is that there are no reports that contradict the Cyprus Mail, other than forum posts by anonymous users and by Mr. Brewster's himself. 

If you care to know, I would give 80% probability that the Cyprus Mail and other newspaper reports are essentially correct.   Sorry, but my life experience taught me that statements by someone in Mr. Brewster's situation should not be given any weight whatsoever.  If he wants to benefit of the "innocent until proven guilty" principle (that is appropriate in courts, but disastrous in everyday life) he should turn himself in.  If he wants his statements to be taken seriously, he should make them to the court, under oath and pain of perjury.

PS. By the way, about the Neo & Bee TV ads broadcast in Cyprus: were they in Greek, or in English? (The ones that were circulated in this forum were in English, created by an UK agency it seems; but I assumed that they would be translated.)

They were all in greek.

You are wasting time by speculating what Danny had done before this venture  this is irelevent
Important is what he is doing now

Still, none of these articles are not adding anything to the info. None of them have any news worthy of being taken seriously.
You can go ahead and believe them, i'll wait to see what the courts think. After they check any fact.

Shamefully reposting without any fact checking is not reporting in any part of the planet. Its what the Sun does.

Well, people asking for explicit evidence are obviously people looking for evidence.
I dont see how you can accuse them, and not yourself.

For all we know, you are also one of the speculators, after all.
Why would you attack people looking for evidence otherwise...

The former COO and former Compliance and Risk Management Officer have posted a statement on Reddit.

http://www.reddit.com/r/Bitcoin/comments/23cjd9/the_full_picture_of_former_neo_bee_employees/ (http://www.reddit.com/r/Bitcoin/comments/23cjd9/the_full_picture_of_former_neo_bee_employees/)
https://twitter.com/Papaphoenix/status/457118162925133824 (https://twitter.com/Papaphoenix/status/457118162925133824)

More lies served up by the twin dark forces of gubermint and MPEx >:(

http://www.kcconfidential.com/userfiles/1735916458_1240605367_eating_crow_answer_1_xlarge.jpg

Bon Appétit!

citation needed.

I've abandoned the ship. total profit since IPO = 0.42 BTC.

^Was being sarcastic.  Tried to make that obvious.

Agreed, "where is Danny now" is the most important question; but the police will not need our help in that.

On the other hand, what he did before going to Cyprus is relevant because it may help us understand how this mess took off and got so far.  Which in turn may help people recognize and avoid similar disasters in the future.

Part of the reason for the MtGOX disaster was the "libertarian pilosophy" that has come to be associated with bitcoin.  In that philosophy, a shady past, running afoul of the law, lack of proper accounting, financial opaqueness, and avoidance of regulations are not defects; they may even be seen as virtues.   Thus, in particular, MtGOX's clients were not bothered by Karpeles's troubles with the FBI (that apparently made him avoid traveling to the US), or the fact that his exchange was completely unregulated and unaudited.  They did not think of checking Karpeles's past; and even if they did, they would probably not object to what they would have found.

As long as bitcoiners continue to think that way,  the already long list of bitcoin scams and failed-from-the start bitcoin ventures will only continue to grow. 

Sorry if the sentence was ambiguous. "They" referred to the articles, not the people.  If someone says that the Cyprus Mail articles are not evidence, he is accusing the reporter who wrote them of either having consciously lied, or of having copied rumors from anonymous posts without checking them.

But those quibbles are irrelevant at this point, agreed?

No, I am not an investor trying to pull the stock price up, nor a speculator trying to push it down; and I do not care about either.

I just don't like scammers and liars, and I am worried about the legion of bitcoin opportunists who are already turning their sights to Latin America as the last large repository of suckers with money.  Isn't that reason enough for me to be interested in the Neo & Bee case?

Well said.

Bitcoiners actively allow scammers and dreamers, by checking nothing, trusting anything 'because it's Bitcoin' and then accusing any criticism as FUD.

That is changing quickly though and has absolutely nothing to do with Bitcoin itself or even any supposed libertarian philosophy. MtGox was a centralised point of failure in a decentralised system. Centralised exchanges should have no role in a decentralised system.

It's particularly lulzy that haters of banks and centralization get repeatedly pwnt by centralized exchanges, and, finally, by a d00d starting ... a bank :D
But I agree, this has nothing to do with Bitcoin, rather the finance enthusiasts who flock to it.

Heh, I like your grammar. :-)

Great quote. I feel the same way about your viewpoints.

@Havelock:

Now that nobody's paying the maintenance fees, how long are you planning to keep NEOBBQ trading on your fine exchange?  Indefinitely, or is there some endgame scenario you're considering?  Will you make an announcement before halting trading & delisting, or after?

Thanks.

Seems like an interesting enough question technically the Q assets should be paying listing fees but they are not so is there a delisting date

What is he doing now??

Mr Brewster is staying with his Grandmother in the Yorkshire area. You are all correct in saying there was no funeral that he attended, this was just another lie to spin. I wonder do you carry a book that you write everything you say down Danny? You do know that your past does always comes back to bite you. You wanted fame and fortune and now Danny you google your name and arrest warrants and you have fame for all the wrong reasons.

Danny stand up and face what you have done, return the lavish items you bought with company funds. Tell the truth, that your bit coin knowledge is as much as a 5yr old you just went with your ideas at a bull at a gate. Tell the truth that you used the companies money to live. tell the truth the there was NO 6 million euro of your own funds for start up. Tell the truth and have an independent account go over all accounts.

For once in your life be honest, you might actually free yourself of some heavy weight. Just think of your family and the stress that all this is putting them through. think of others for once nit just the selfish sole of yourself.

How and/or where have you obtained this information and why should we believe you?

Thank you for caring about actual evidence. The trolls on this board decided to target NB for some reason, and this is now the best they can do.

NeoBee was a scam, and your betters were kind enough to explain that to you.  But instead of blathering thanks and snotty tears of gratitude, you treated us to ...inarticulate rage and ...other spergings.

I ask you:  How now, brown cow?

On Monday May 5th, 2014 at 12:00 EST the NEOBEEQ Fund will be delisted from Havelock Investments. We have provided ample time for anyone representing the NEO & BEE Ltd. Company to respond to our repeated requests to provide additional information for the status of the company. As we have not received any formal information we have made the decision to no longer list the NEOBEEQ Fund. If any additional information is provided to us we will make it public.

Found this on a simple search - is this known already?



'R.T. TRAINING LIMITED (dissolved)

04 December 1997 - 21 August 2012
Danny Brewster was employed as Director at R.T. TRAINING LIMITED from 08 July 2010 to 02 February 2011
resigned

Company address: R.T. TRAINING LIMITED
22 BADSLEY ST SOUTH, ROTHERHAM, SOUTH YORKSHIRE, S65 2PW'

and this:


'MR DANNY JAMES BREWSTER

» Home » MR DANNY JAMES BREWSTER
Company
FUTURE ENTERTAINMENT LTD

Postcode: NG34 7GF

MR DANNY JAMES BREWSTER 3 Sep 2011 director - Appointed

Incorporation Date    15/09/2010
Dissolution Date    08/01/2013

..................................................
Previous Company Names
ECHO SECURITY LTD
Changed 31 Oct 2011
3LT LIMITED
Changed 5 Sep 2011'
...................................................



Re: what RT Training Ltd did/do:

here is their current website,

http://www.rttraining.co.uk/ (http://www.rttraining.co.uk/)

note they have dissolved RT Training Ltd and seem to have opened up as RT Training Group.

The guy Tony Williams at RT T likely hired Danny as he has been a Director since 1997. Danny was there for just over 6 months -

'Mr Danny Brewster
Born 28 years ago: 1986
Director, Director
08 Jul 2010 — 02 Feb 2011 (6 months, 25 days) '

So Danny helped run a First Aid training company before he resigned his RT Training Directorship Filed on: 07 Feb 2011 and was appointed Director of Future Entertainment Ltd Filed on: 03 Sep 2011

-----------------------------
Another company referenced here:
 About
Mr Danny Brewster was born in 1986 and the first directorship we have on file was in 2006 at Trojan Security UK Ltd. His most recent directorship is with Lmb Subsidiaries Limited where he holds the position of "Director". This company has been around since 06 Aug 2013 . In total, Danny has held 6 directorships, 1 of which are current, and 5 are previous.

http://www.bbc.co.uk/news/uk-england-lincolnshire-19099595 (http://www.bbc.co.uk/news/uk-england-lincolnshire-19099595)


3 August 2012 Last updated at 08:03


Cancelled Future Festival catering firms 'still owed cash'
By Tim Johns BBC Radio Lincolnshire
Future Festival website The event was due to be held at the Lincolnshire Showground from 27 to 29 July
Continue reading the main story   
Related Stories

    Cancelled concert tickets on sale

Businesses have said they are still owed thousands of pounds after the collapse of what promised to be Lincolnshire's largest music festival.

The Future Festival - planned for July - was cancelled in March.

Since then several catering firms which had paid for pitches have complained no money has been returned.

Danny Brewster, who was involved in organising the festival, said money was paid to the company fronting the event, which he claims he has sold.

In March, BBC Lincolnshire reported the cancellation of the festival and issues concerning those who had bought tickets.
'Quite shocked'

Since then several companies have said they are owed money.

Gatwick-based Richard Billings said he paid a 50% deposit for four pitches.

"We paid the fee, which for four pitches came to a total of £2,500.

"It doesn't leave a very nice taste in the mouth that people can do that. I suppose you learn from it, learn to be a little more cautious in the future".

Richard Clark, who runs a Mexican food stall, said he parted with £500.

"I was quite shocked that somebody could just take people's money and just do nothing, organise nothing", he said.

"We're only a small company, we both work full-time, so the cash flow we have is very small.

"It's been a very tough trading year in catering with the weather and the recession. It was quite a significant loss to us."

Earlier this year, Mr Brewster told the BBC he had separated himself from the company running the festival - Future Entertainment Ltd - "legally and lawfully", and it had been sold to a man called Ramluda Antonictvius. Mr Brewster was unable to provide any further contact information or details.
'Failed business'

Companies House has confirmed there has been no change to the ownership of the company and Mr Brewster remains as the sole director. The accounts are currently overdue.

An email address was provided for those who had lost money to try and obtain a refund. However, none of the caterers or ticket-holders who used that address have received any money or any response.

When asked about the problems, Mr Brewster said: "The caterers and the seven people who purchased tickets did not enter into a contract with me as a person or send me any money, they entered into a contract with Future Entertainment Ltd which is now a failed business and a separate legal entity."

Lincolnshire Trading Standards said an insufficient number of complaints have been made to them to commence a formal investigation.

It added those out of pocket could pursue a claim through the county court.

and here:

http://www.safeconcerts.com/news/2012/mar/7083-future-festival-cancelled-amid-controversy.asp