Quite simple, I clearly prove want to prove that Neo are not clear about what product they are offering. (I'm happy to take criticism - look at the Asicminer thread when I spent some time warning people that the shares were over-valued at 4-5+ BTC. I was ridiculed - they are now at 0.6.)

Crypto has confirmed in his response that Neo will be selling the product as customers invest euros and buy bitcoins, only thats not true since if Bitcoins rise in value they will be taken away from the customer and the customer cannot access or use their bitcoins directly SO THEY DO NOT OWN BITCOINS AS WE KNOW THEM. I'm really looking forward to the marketing leaflet that explains that clearly.

It's quite simple, Neo cannot actually make it's mind up if it's selling their customers Bitcoins, offering them a Euro deposit account, or some completely unclear and indescribable mix of the two.

I'm not asking questions they will not need to answer when asked by potential customers, is just that for all the good stuff about interested parties, great staff and a shiny new branch, there's still no clarity on the actual core product itself. Perhaps showing us a leaflet or product page on a website will help, afterall it's unlikely that Neo would build a branch without exactly knowing what their product is and how it will be described.......?

Is there any deadline for IPO? There are still over 23k shares left (~3500BTC), what if they stay unsold in following months or years?

Also, it was said some marketing campaign is planned, but I did not notice anything, except for large number of (bought?) twitter followers. No activity in other places like bitcash.cz and other local forums, apparently no interest or time to meet prospective customers in person on various bitcoin meetups in central Europe...? If you want to wait with the marketing till the site is perfect, I am afraid Neobee and others will just wipe the floor with you.

Hi Forensick,

Bitcoinbourse.eu added.

Thanks!

Is it possible that more dividend transactions are inbound?

I ask because I have 3 addresses with direct shares. 2 received dividends this week. 1 did not.  The one that didn't was the address that received the direct shares from BTCT's shutdown.  It has received dividends for the past two weeks.  This seems odd.

Is anyone else in this situation?

The price of a mining-stock is proportional to the expected payouts. As dividends are paid out and the difficulty rises, stock price goes down. Unless the company is able to keep its share of the bitcoin network hashrate constant (or increasing), stock price will go down. The decline of the stock price is something that you should definitely factor in when assessing the viability of an investment. History tells us that mining stocks so far have been a net loss for investors.

I don't know enough about PETA-MINE to say whether this will be the case here, but the mining business is highly competitive with many people willing to operate at a loss, so beware.

Thanks, I thought that :/. But in that case - why is this "asset" still listed?

Newsletter will be sent today for transfer procedure while trade of shares for CT and Esecs will start in 24 hours.


Anyway I can already give you the procedure below:

- Register in crypto-trade.com, using same email than you used for btct.co or litecoinglobal.com.

- Send us an email to ipo@crypto-trade.com claiming your share.

- After verification (24 hours maximum), your shares are added to your account ready for trade.


Name of shares :

CTB = Crypto-trade share in BTC
CTL = Crypto-trade share in LTC

ESB = Esecurity-SA share (2 servers) in BTC
ESL = Esecurity-SA share (4 servers) in LTC


Regards, Neotrix

Hi All

Although we received no forewarning, the recent news about BitFunder/WeExChange did not come as a big surprise to us. The current regulatory landscape in the US requires these steps to be taken and we applaud Ukyo for implementing them before they become so problematic that it would force a site-wide closure for all.

It seems like most of the BitFunder markets took a pretty hard hit in terms of share price yesterday, no doubt from a big sell-off across the board. This was probably to be expected as regulatory uncertainty is a big factor in the bitcoin space at the moment.

As it stands US persons/entities have to essentially clear their asset positions before 1 November 2013, just over 3 weeks from now.

To this end we would like to propose the following offer:

Shares for hardware
As stated, each IceDrill.ASIC share represents 10Mh/s at the start of the mine becoming operational. What we would like to propose is a shares for hardware swap. So, instead of selling their shares into the open market (to clear their positions) investors instead take possession of the hardware itself. For this trade, these shares would be handed back to us and then simply destroyed.

The Good:
You can clear your IceDrill.ASIC BitFunder position without selling all your shares for cheaper than they are worth.
    
The Bad:
Scaling down the mine in this way would affect our future reinvestment capacity downward from the start. We currently have no way to gauge how much this would shrink the mine by, but the amount of shares transferred and destroyed in this way will be completely transparent and announced after the deadline.
    
"Taking possession" of the hardware itself can take two forms:
1. We instruct Hashfast to ship your units to you instead of to us (effectively a re-sale). In this case the shareholder/customer pays for any fees, customs and shipping costs that might occur.
2. DigiMex hosts the machines on your behalf (a re-sale with a hosting agreement).
    
The hardware for share swap is calculated as follows:
    1200 000 Mh (one Sierra unit) / 10 Mh (per share) = 120 000 shares per Sierra unit.

Please note this proposal will necessarily have an execution deadline of midnight 15 October (UTC) in order to ensure ample notice for delivery re-routing, as required.