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

[canth]

Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.

[klee]

Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.

But they don't use Excel spreadsheets...
I am out lol

[jbest8283]

Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.

But they don't use Excel spreadsheets...
I am out lol

This doesn't even make sense.

[NUFCrichard]

Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.

But they don't use Excel spreadsheets...
I am out lol

This doesn't even make sense.

Sarcasm

[bitcoin.newsfeed]

Danny, what you want to do with remaining shares after the IPVO ? It seems to me, that NEOBEE raised enough capital for full plan(multiple branches) thanks to BTC evaluation.

NEOBEE didn't sell a single share for last 2 months. So it makes sense destroy that shares after the IPVO period, also i dont think that its legal to have free IPVO shares listed on exchange without the owner after the IPVO period.

Also

I am happy with the progress so far, never expected it to sell out within 24 hours, it is an extremely large amount of BTC. There will be lots more announcements happening almost every day from now until launch.

We need to raise a minimum of 9500BTC by 30th November we are already in excess of 8500BTC so we are satisfied with current progress, we also have some big announcements to make ...

We have already past the required 9.5k BTC minimum for the IPVO, I also have the fail safe of VC's for extra capital if required, but so far I am more than happy with our progress. I fully expect the announcements on merchants, to create a vast amount of interest in Neo & Bee, unfortunately I cannot just release the news until all parties are ready to do so (I am the most eager to make these announcements, but it takes time).

I will only take the VC route once we have finished making our announcements that we believe will drive investment in NEOBEE. These announcements are not far away and following catching up with several parties today and tomorrow...

We will be making more announcements early next week, with an updated prospectus being made ready for the end of next week. We have much more happening on the ground here and I look forward to releasing that information in the near future.

So I and many investors are waiting for that "big announcements" for more than 2 months here, all what i saw was >

1. something that NEOBEE is using Oracle software
2. NEOBEE have some huge global merchant which will be accepting bee, but we don't know who is it
3. that NEOBEE is the sponsor of conference

2 months...

[gannicus]

The unsold shares of the IPVO are Danny's, the only thing he must do is remove the huge sell order of the unsold shares. I would also be pleased with more information regarding the advancement of the business plan, mainly regarding clients and financials.

[jbest8283]

Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.

But they don't use Excel spreadsheets...
I am out lol

This doesn't even make sense.

Sarcasm

Yeah, I'm apparently retarded...
Through all the other comments its hard to tell what is sarcasm and what isn't

[HeRetiK]

I have a question regarding the share-handling fee, sorry in case I overlooked the answer:

What happens if Havelock shuts down and shareholders are forced to move their shares to direct shares (or whatever other solution might have popped up by then) - Will you then charge a handling fee or will this also be a free migration?

[bitcoin.newsfeed]

The unsold shares of the IPVO are Danny's, the only thing he must do is remove the huge sell order of the unsold shares.

The unsold shares cant be in Danny ownership after the IPVO. Unless he'll pay 0.003 BTC per each share from personal pocket to NEOBEE ... otherwise you are creating shares out of thin air without backing of BTC ... think about it, unsold shares after IPVO phase are no existing, they must be destroyed on exchanges. Period.

Also little speculation here, its surprising that TAT himself is not buying shares under the IPVO price

Investor Protection Plan
The initial 9,600,000 LMB Holdings shares have the privilege of getting all profits until a total of 0.0035 bitcoins per share has been paid.

He has a shitload of BTC income from AM Board Member position. So why he isn't investing in company where he is a founder ? If there's guarantee on 0.0035 dividends per share, its like getting free BTCs. Is he believing in NEOBEE success in future? If not he, who should?

On the other hand, good job so far Danny and TAT, good luck on conference ! I know my questions are sometimes not very comfortable, sorry about that.

[bitcoin.newsfeed]

I have a question regarding the share-handling fee, sorry in case I overlooked the answer:

What happens if Havelock shuts down and shareholders are forced to move their shares to direct shares (or whatever other solution might have popped up by then) - Will you then charge a handling fee or will this also be a free migration?

In this case I'm sure there will be "free migration period without fee" like always was. Don't worry about that.

[Skoutz]

Thanks for the update.

It will be a good move if you start releasing the info. about the progress of the business and the announcements mentioned.

As far as the unsold shares are concerned, you know my opinion: they should be cancelled. If you need any more capital, we the existing shareholders can provide it. Thanks to the price movement of BTC you do not need BTC speculators who want to make a quick killing, buying at 0.003 when the announcements are made and selling 2 days later at 0.0035.

You need to trust those who trusted you when you launched your venture.

[matthewh3]

I have shares on BF and am unsure about what to do with them.

Could any kind soul briefly run through the pros and cons of transferring to Havelock or keeping on BF?

Thankyou.

Basically by keeping them on BF (and making them go to the direct exchange platform) will make you unable, at least while this platform is not fully developed, to trade them. You will own shares, you can "look" at them, but you can not directly trade them - if you want to sell them, you will either need a escrow or trust the buyer/seller (or make him trust you). Remember that this is temporary, but we do not know how long it will take. By transfering them to Havelock your risks are that Havelock also closes its services in the future, which according to them seems to be unlikely since they are "following the rules" and that the stock price in Havelock becomes substantialy different from the stock price in the direct exchange once its on.

How do you get the shares moved to Havelock from Bitfunder?

[mutex]

How do you get the shares moved to Havelock from Bitfunder?

Answered by TAT two pages ago: https://bitcointalk.org/index.php?topic=289730.msg3531842#msg3531842

[Fabrizio89]

[...]
I know my questions are sometimes not very comfortable, sorry about that.

I think you raise some good questions to be honest, things I'm sure average shareholders are wondering too. I'm more surprised to not see news released regularly to boost ipvo share acquisitions considering what a great advantage this would give the company now that they already have the funds they need, rather than insider trading as you suggest, since TATI is the issuer of the passthrough on Havelock and if they want to stick by the rules I'm sure in that case there could be some legal issue. Anyway, we could very well see a whale waiting for the price to bottom and take everything in the last days, but I'm not too confident this will be the case.

[ThickAsThieves]

The unsold shares of the IPVO are Danny's, the only thing he must do is remove the huge sell order of the unsold shares.

The unsold shares cant be in Danny ownership after the IPVO. Unless he'll pay 0.003 BTC per each share from personal pocket to NEOBEE ... otherwise you are creating shares out of thin air without backing of BTC ... think about it, unsold shares after IPVO phase are no existing, they must be destroyed on exchanges. Period.

Also little speculation here, its surprising that TAT himself is not buying shares under the IPVO price

Investor Protection Plan
The initial 9,600,000 LMB Holdings shares have the privilege of getting all profits until a total of 0.0035 bitcoins per share has been paid.

He has a shitload of BTC income from AM Board Member position. So why he isn't investing in company where he is a founder ? If there's guarantee on 0.0035 dividends per share, its like getting free BTCs. Is he believing in NEOBEE success in future? If not he, who should?

On the other hand, good job so far Danny and TAT, good luck on conference ! I know my questions are sometimes not very comfortable, sorry about that.

The unsold shares will remain for sale, this was made clear at the start.

Your speculation about AM board income, and why TATI should buy up all the NEOBEE shares is not logical or informed.
(TATI does disclaim that it may hold and trade NEOBEE units at will.)

Danny is getting news out to everyone as soon as he can.

[bitcoin.newsfeed]

The unsold shares will remain for sale, this was made clear at the start.

Oh ... so you just want to prolong IPVO period to infinity, even if NEOBEE doesn't need another capital. So what was the purpose of the date 30th November from the start ?

[matthewh3]

The unsold shares will remain for sale, this was made clear at the start.

Oh ... so you just want to prolong IPVO period to infinity, even if NEOBEE doesn't need another capital. So what was the purpose of the date 30th November from the start ?

I think after the 30th shares will only be offered to angel investors iirc.

[gannicus]

I think they will continue for sale "indefinitely". When NeoBee starts to get revenue and then dividends (if ever), the shares will be quickly sold.

[ThickAsThieves]

The unsold shares will remain for sale, this was made clear at the start.

Oh ... so you just want to prolong IPVO period to infinity, even if NEOBEE doesn't need another capital. So what was the purpose of the date 30th November from the start ?

The 30th was the deadline to raise the minimum amount to proceed with the plan, and not refund it all. To my knowledge, Neo & Bee can still make use of additional funds to grow the company and its services.

[ffssixtynine]

How are dividends split if all the shares aren't sold?

I presume unsold shares are not included in the dividend calculation but it would be good to know for sure. Of course, they may all have sold by that point but it may depend somewhat on the BTC exchange rate.