[IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings

[codegnome]

i know this is hard for some of you turds but dont be daft

theres no planning needed for direct shares - they just convert your data into a spreadsheet and\or collect more info. thats it

stop insulting people and acting like children

and now you wanna call Ken a genius? hilarious

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

[kingcrimson]

i know this is hard for some of you turds but dont be daft

theres no planning needed for direct shares - they just convert your data into a spreadsheet and\or collect more info. thats it

stop insulting people and acting like children

and now you wanna call Ken a genius? hilarious

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

If Havelock went down, I'm sure they would likely go that route. Right now with Havelock, they can plan ahead. Successful businesses don't usually make fast and drastic changes. 

[enderbender]

i know this is hard for some of you turds but dont be daft

theres no planning needed for direct shares - they just convert your data into a spreadsheet and\or collect more info. thats it

stop insulting people and acting like children

and now you wanna call Ken a genius? hilarious

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

buy back shares? get a clue

this isnt friggin walmart

you bought a stake and you bought the risks and rollercoaster rides that come with it

they should buy back your shares for original price when they are worth double next year

how bout that?

[codegnome]

i know this is hard for some of you turds but dont be daft

theres no planning needed for direct shares - they just convert your data into a spreadsheet and\or collect more info. thats it

stop insulting people and acting like children

and now you wanna call Ken a genius? hilarious

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

buy back shares? get a clue

this isnt friggin walmart

you bought a stake and you bought the risks and rollercoaster rides that come with it

they should buy back your shares for original price when they are worth double next year

how bout that?

Your delusional outburst offers nothing to the predicament shareholders find themselves in. Please save your comments for the playground.

[enderbender]

i know this is hard for some of you turds but dont be daft

theres no planning needed for direct shares - they just convert your data into a spreadsheet and\or collect more info. thats it

stop insulting people and acting like children

and now you wanna call Ken a genius? hilarious

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

buy back shares? get a clue

this isnt friggin walmart

you bought a stake and you bought the risks and rollercoaster rides that come with it

they should buy back your shares for original price when they are worth double next year

how bout that?

Your delusional outburst offers nothing to the predicament shareholders find themselves in. Please save your comments for the playground.

hey that was MY point about you, no fair

[velacreations]

yep. applies to other issuers and in general - everybody btw.

not AM.  They have a direct share system in place for this exact situation.

If Havelock went down, I'm sure they would likely go that route. Right now with Havelock, they can plan ahead. Successful businesses don't usually make fast and drastic changes. 

no, they should plan a contingency, and that should have been done BEFORE btct went down.  Successful businesses don't wait to make plans AFTER something bad happens.

[enderbender]

yep. applies to other issuers and in general - everybody btw.

not AM.  They have a direct share system in place for this exact situation.

If Havelock went down, I'm sure they would likely go that route. Right now with Havelock, they can plan ahead. Successful businesses don't usually make fast and drastic changes. 

no, they should plan a contingency, and that should have been done BEFORE btct went down.  Successful businesses don't wait to make plans AFTER something bad happens.

if ur such a specialist, start your own btc biz and show everyone how to do it

judging is ez, doing is what matters

if you dont like how neo operates, you could always go away

[pedrog]

Your delusional outburst offers nothing to the predicament shareholders find themselves in. Please save your comments for the playground.

Insulting people and bitching around solves nothing, this is their business I'm sure they're working the best they can for it to succeed.

[mpr20rt]

man, these early flippers. be a man take a hit and bail out I’ll catch you at 0.0015

[memvola]

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

To be fair, they made no such statement. I had quoted the statement from TAT's comment, which was probably describing their position at the time, and the sentiment has shifted since then. I respect the efforts of all parties involved here, and think we should wait for the solution before criticizing it. A buyback won't happen unless the project itself is cancelled, so the rant is pointless anyway.

[velacreations]

if you dont like how neo operates, you could always go away

or, you could allow criticism and alternative opinions.

[velacreations]

To be fair, they made no such statement.

actually, they did:

The reasoning behind using a platform and not direct handling of shares for ourselves is down to the man hours required to operate on such a basis, we are operating in the real world, we have multiple aspects of the business that need constant oversight and attention, for myself to assign someone for the task is achievable however it comes at a cost to the business, we as a business do not specialize in the trading of shares or have a platform capable of doing so (at the moment) so the best solution is to operate using the platforms available to us. Do things need to change surrounding these platforms? YES they do, whilst we are investigating the matter in great detail we cannot provide a solution overnight.

[N_S]

I think everyone needs to realize that when starting a business, each member is usually doing the work of many. The ideas of perfect foresight and endless resources are fantasies.

Let's cut some slack here. That doesn't mean remove criticisms, just be realistic.

It's very easy to critique when you're on the sidelines.

[velacreations]

I think everyone needs to realize that when starting a business, each member is usually doing the work of many. The ideas of perfect foresight and endless resources are fantasies.

at the same time, people in business should be more open to suggestions and focus on issues that are important to investors (like the ability to retain shares).

the bottom line is that if you are going to do an IPO of this size, you should certainly have back up systems in case your virtual stock exchanges close.

pushing investors to another exchange that will likely close soon is not a solution and  should not be considered as such.  We eagerly await a real solution to the handling of shares.  BTCT.co announced the closure of the exchange a few weeks ago, so there has been plenty of time to get the ducks in a row (that really should have been planned out before IPO).

What could possibly be a higher priority at this point than to insure that investor shares and funds will be protected against exchange closures?

[N_S]

at the same time, people in business should be more open to suggestions and focus on issues that are important to investors (like the ability to retain shares).

the bottom line is that if you are going to do an IPO of this size, you should certainly have back up systems in case your virtual stock exchanges close.

pushing investors to another exchange that will likely close soon is not a solution and  should not be considered as such.  We eagerly await a real solution to the handling of shares.  BTCT.co announced the closure of the exchange a few weeks ago, so there has been plenty of time to get the ducks in a row (that really should have been planned out before IPO).

What could possibly be a higher priority at this point than to insure that investor shares and funds will be protected against exchange closures?

I absolutely see what you're saying. It has merit, to be sure.

The thing about this is that we need people involved that are good at problem mitigation. As the adage goes, "A stitch in time, saves nine", but that's only applicable if we know the issue/problem beforehand. You can surely make the argument that they should've seen the problem prior. I'm not going to say that's wrong, although I really didn't expect to see something of this magnitude so quickly. My guess is they didn't either.

I think the need for colored coins or direct shares is pretty apparent to most operators at this point. I don't think that was the case prior. Keep in mind this stuff isn't going to happen overnight and there is going to be a period of discomfort.

[coinminers]

I went through the steps one by one, to get my shares transferred from Bitfunder to Havelock:

>How to Transfer Shares:
>1. Make the subject of your email: NEOBEE

I did that.

>2. Push the amount of shares to the issuer account on Bitfunder: NeoBee

Did that.

>3. Send an e-mail to tat.investments@gmail.com from your account email address registered with Havelock, and also note the address and quantity of shares within the email conent.

OK, so in the email body I included my Bitfunder address and quantity of shares pushed.

>4. Do NOT send your request more than once, and do NOT include other requests, questions or comments.

OK, because of this instruction I did NOT include my Bitfunder username.


Please let me know if I got that right.

[Luckybit]

i know this is hard for some of you turds but dont be daft

theres no planning needed for direct shares - they just convert your data into a spreadsheet and\or collect more info. thats it

stop insulting people and acting like children

and now you wanna call Ken a genius? hilarious

Cryptocircus already stated that the allocation of resources required to implement and maintain direct shares is not something they wish to do. Just buy the shares back and cancel the IPO.

buy back shares? get a clue

this isnt friggin walmart

you bought a stake and you bought the risks and rollercoaster rides that come with it

they should buy back your shares for original price when they are worth double next year

how bout that?

Your delusional outburst offers nothing to the predicament shareholders find themselves in. Please save your comments for the playground.

Sell your shares and buy it back again later. They shouldn't cancel the IPO.
I'll buy their shares later, it's not a big deal provided I have enough money later on to buy shares.

[freedomno1]

Was enjoying the page 53 to 55 conversation so kept quiet
Good conversations now and then but since it is back to normal
We will need to wait on the viewpoint of Canada from Havelocks legal team which unfortunately was unable to provide much more info on Oct 3

The key difference is that USA and Canadian Policy to finance is DIFFERENT
Since it's a different jurisdiction a legal avenue that is not available for American Exchanges such as btct and bitfunder may exist here.
But for now in regards to US traders it probably will be the same so wait till November since that seems to be a unified closing date to see why Btct and Bitfunder are shutting their doors.

[Herp]

Was enjoying the page 53 to 55 conversation so kept quiet now
Good conversations now and then but since it is back to normal
We will need to wait on the viewpoint of Canada from Havelocks legal team which unfortunately was unable to provide much more info on Oct 3

The key difference is that USA and Canadian Policy to finance is DIFFERENT
Since it's a different jurisdiction a legal avenue that is not available for American Exchanges such as btct and bitfunder may exist here.
But for now in regards to US traders it probably will be the same so wait till November since that seems to be a unified closing date to see why Btct and Bitfunder are shutting their doors.

The info posted in Burnside's sale of BTCT code worries me a bit. It states the following:

"...any purchaser of the code will have to agree to block US citizens from any site utilizing the code."

If you are interested in the site code, please fill out the following and submit a bid via email to ceo@btct.co:

    Name: (actual person's name)
    Company:
    Address: (street, city, province, postal code, country, etc)
    Phone: (w/ country prefix please)
    Email:

    I agree to block US citizens: YES / no

    Proposed use of the code:

    Best possible offer:  XX BTC or XX LTC

So even if buyer is from Brazil,South Africa or Canada he would still have to agree not to allow US investors.

I'd say Neobee should start planning for direct shares solution asap.

[freedomno1]

I agree it doesn't hurt to be prepared
But as for the code havelock has its own so they don't need to buy the btct one

That said still observing the legal news
https://bitcointalk.org/index.php?topic=96118.60;topicseen

That and press
https://bitcointalk.org/index.php?topic=309274.0