WhaleInc
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March 27, 2014, 08:33:09 PM |
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How this works:
The public shares are separate from the private ones. None of the shares being traded on Havelock are private.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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btcapples
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Activity: 56
Merit: 0
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March 27, 2014, 08:36:42 PM |
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Glad I got out.
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NotLambchop
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March 27, 2014, 08:37:10 PM |
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@WhaleInc: I believe PL's point was that LMB Subsidiaries, who were entitled to 40% of the profits in the original prospectus, are now entitled 68.4835125%. Fer free  @btcapples: Like a boss  |
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Peter Lambert
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March 27, 2014, 08:41:03 PM |
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How this works:
The public shares are separate from the private ones. None of the shares being traded on Havelock are private.
^I believe PL's point was that LMB Subsidiaries, which were entitled to 40% of the profits of the profits in the original prospectus, are now entitled 68.4835125%. Fer free Yes. I understand the difference between public and private shares. I know that Danny cannot just dump those extra shares on the market, but they do affect the amount of dividends that will be distributed to the other shares. It is confusing to have LMB holding and LMB subsidiaries. When the shares did not sell, they should have been held by LMB holdings and not received any dividends. Instead, they were given to LMB subsidiaries, and apparently they get to receive those dividends without having paid anything for the shares! |
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jimmothy
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March 27, 2014, 08:43:55 PM |
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From the recently updated prospectus: Public investors currently hold 5,042,638 LMB Holdings shares (31.5164875% of the profits), whilst LMB Subsidiaries Limited (UK) shall hold 10,957,362 shares 68.4835125% 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). The original structure was: 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). So it looks like the shares that were not sold were just given to LMB (aka danny and his friends)? Did LMB Subsidiaries put money in to buy these shares? "Just given to LMB" as opposed to what? The shares were already owned by LMB so just because they didn't sell the shares does not mean they need to buy them back. If anything this actually only means more profit for investors because of this statement "The initial 5,042,638 shares of LMB Holdings have the privilege of getting all profits until a total of 0.0035 Bitcoin per share has been paid" |
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NotLambchop
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March 27, 2014, 08:48:56 PM |
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"Just given to LMB" as opposed to what?
The shares were already owned by LMB so just because they didn't sell the shares does not mean they need to buy them back.
You need to understand how this works. LMB now has a bigger slice of the caek without adding anything to the caek (which is arguably delicious). If those shares were sold, (the extra private investors) + (LMB) would have gotten the same percentage of the profit that LMB is now getting, but *there would have been more money in the kitty. |
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jimmothy
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March 27, 2014, 08:52:29 PM |
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"Just given to LMB" as opposed to what?
The shares were already owned by LMB so just because they didn't sell the shares does not mean they need to buy them back.
You need to understand how this works. LMB now has a bigger slice of the caek without adding anything to the caek (which is arguably delicious). They had a cake. Said we are selling 60% of OUR cake. Only 40% of the cake was sold. NEO goes home with 60% of leftover cake Its really not so complicated. What do you think should be done with the rest of the cake that didn't sell? |
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NotLambchop
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March 27, 2014, 08:53:47 PM |
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If those shares were sold, (the extra private investors) + (LMB) would have gotten the same percentage of the profit that LMB is now getting, but *there would have been more money in the kitty. (more caek to divvy up)
It's really not that complicated.
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source101
Newbie
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Activity: 27
Merit: 0
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March 27, 2014, 08:53:53 PM |
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From the recently updated prospectus: Public investors currently hold 5,042,638 LMB Holdings shares (31.5164875% of the profits), whilst LMB Subsidiaries Limited (UK) shall hold 10,957,362 shares 68.4835125% 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). The original structure was: 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). So it looks like the shares that were not sold were just given to LMB (aka danny and his friends)? Did LMB Subsidiaries put money in to buy these shares? Mr Brewster himself had nothing to invest with. I do not know how many time I will have to day this. He went to Cyprus with a suitcase worked crap jobs until all of a sudden found this........ Ok why work the crap jobs in the first place. He is the face of neo and bee. You think of the company, you think of him. He is the fall out person. Stupid on his part but he always had big dreams to get rich. Again, you have not been reported too as investors. As investors you have a right to meet with the entire board not just a face. None of that information is being posted where it should and the original prospectus and updated one has many changes. It also mumbles on about what they do but NOT HOW THEY MAKE YOU MONEY. Isn't that what you want to know, "well great idea, so how does the dividend come back to me, how do I get return on my investment?" So far you have paid for a lot of advertising (which he sold as media exposure yet contact the media outlets, some was paid advertisement) , nice shining building, computers, office equipment rented Mr Brewster a lovely apartment, sent him overseas, paid for his fiancé gifts as well as other things. Yet no word on how you as an investor see returns..... I believe that you have been sold a dream and now it seems that everyone is clinging to that hope that it works. Why are media out the front of their home? Why are the government not coming on board? Why you can use it to buy things, now the media person said you can't? Finally why would he come to this web page, log in and not answer any of this. He has called people out in the past and I am waiting for him to call my claims out..... No, he is not because he knows them of truth. |
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PeterHarrisonCY
Newbie
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Activity: 57
Merit: 0
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March 27, 2014, 09:03:35 PM |
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Just to debunk a question:
Q: Did Danny invest into NEO? If yes, how did he get the money from it?
A: According to the Cyprus Mail interview, yes. He has. But what about the money? Well, Danny was into Bitcoin and a believer for years now (which included mining them back in the day before ASICS) - hope that answers your doubts
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sporket
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March 27, 2014, 09:07:48 PM |
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^You're not making any sense. Also this:  |
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source101
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Activity: 27
Merit: 0
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March 27, 2014, 09:14:15 PM |
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Just to debunk a question:
Q: Did Danny invest into NEO? If yes, how did he get the money from it?
A: According to the Cyprus Mail interview, yes. He has. But what about the money? Well, Danny was into Bitcoin and a believer for years now (which included mining them back in the day before ASICS) - hope that answers your doubts
How much clearer does it need to be made. Prior to neo bee, Danny had NOTHING. No money, nothing. He went to Cyprus with a suitcase, the borrowed money left right and centre to get by. I am amazed and I am disgusted by the web of stories he has come up with and he sure has some answering to do. The only people right now that know what's going on is him and he is silent on it. Come on Danny, answer everyone. Or are you a coward? |
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PeterHarrisonCY
Newbie
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Activity: 57
Merit: 0
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March 27, 2014, 09:29:11 PM |
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Just to debunk a question:
Q: Did Danny invest into NEO? If yes, how did he get the money from it?
A: According to the Cyprus Mail interview, yes. He has. But what about the money? Well, Danny was into Bitcoin and a believer for years now (which included mining them back in the day before ASICS) - hope that answers your doubts
How much clearer does it need to be made. Prior to neo bee, Danny had NOTHING. No money, nothing. He went to Cyprus with a suitcase, the borrowed money left right and centre to get by. I am amazed and I am disgusted by the web of stories he has come up with and he sure has some answering to do. The only people right now that know what's going on is him and he is silent on it. Come on Danny, answer everyone. Or are you a coward? I knew Danny personally even before NEO even got it's name - back when it was just an idea. I will not comment on his financial situation at the time as it is private information but I can assure you (by 'you' I don't mean source101 but to the people who believe him) that he wasn't poor. |
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NanoAkron
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March 27, 2014, 09:33:28 PM |
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I knew Danny personally even before NEO even got it's name - back when it was just an idea. I will not comment on his financial situation at the time as it is private information but I can assure you (by 'you' I don't mean source101 but to the people who believe him) that he wasn't poor.
'not poor' like 6 million means nothing and NEOBEE is just a game 'not poor'? |
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PeterHarrisonCY
Newbie
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Activity: 57
Merit: 0
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March 27, 2014, 09:36:42 PM |
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I knew Danny personally even before NEO even got it's name - back when it was just an idea. I will not comment on his financial situation at the time as it is private information but I can assure you (by 'you' I don't mean source101 but to the people who believe him) that he wasn't poor.
'not poor' like 6 million means nothing and NEOBEE is just a game 'not poor'? His private financial life is not mine or anyone else's concern. I was vague on purpose on my last post. |
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theMiracle
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March 27, 2014, 09:39:56 PM |
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His private financial life is not mine or anyone else's concern. I was vague on purpose on my last post.
You're touting his wealth as if it was a fact, and yet being "vague on purpose"? Is this another case of "i wish I could tell you but I can't because reasons"? |
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neilol
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March 27, 2014, 09:42:34 PM |
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Just loaded up the truck :0 Hopefully these trolls did as well and will start pumping |
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thekekk
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March 27, 2014, 09:43:27 PM |
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Just loaded up the truck :0 Hopefully these trolls did as well and will start pumping lets get the party started Thanks for your cheap shares chop chop |
BTC: 1AqwCAprjKRniThdxvCDx1TMPUYsqd8ig7
EAC: eYqPmqv3AiB12Z5b2MMpNm1vXtVPnp5PPX
e-token: e4ViTyRpJF9whLiKtLaAranijfeoTrww4u
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theMiracle
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March 27, 2014, 09:45:17 PM |
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Guess u better step up ur game   |
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mgio
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March 27, 2014, 09:53:47 PM |
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One thing that you should notice about the recent Neobee crash is that the volume has been incredibly low. Only a couple of bitcoins could bring it back to it's IPO price.
As long as trading volume stays this low, the price is going to be incredibly volatile. So, sorry for those of you who are looking for a quick flip.
The real money from Neobee will be made when they start paying dividends which will take some time.
Bitcoin investors seem to be notoriously impatient.
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