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

[San1ty]

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.

I guess: Unsold shares would just be part of the company. So their dividend would just be paid out to Neo & Bee.

[bitcoin.newsfeed]

I guess: Unsold shares would just be part of the company. So their dividend would just be paid out to Neo & Bee.

Nope. Unsold shares doesn't exist.

[thehun]

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.

I guess: Unsold shares would just be part of the company. So their dividend would just be paid out to Neo & Bee.

I understand "the company" would include us (shareholders) too. So if for instance out of the 60% equity which was put for sale on the IPVO, only half gets sold, the other 30% equity should be distributed between all shareholders (public and private). In that particular case Danny+other private shareholders would have 40%+30%*(40/70)=57,14% and public (IPVO) shareholders would get 30%+30%*(30/70)=42.86%

At least this is how I see it, correct me if I'm wrong

[ThickAsThieves]

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.

I guess: Unsold shares would just be part of the company. So their dividend would just be paid out to Neo & Bee.

I understand "the company" would include us (shareholders) too. So if for instance out of the 60% equity which was put for sale on the IPVO, only half gets sold, the other 30% equity should be distributed between all shareholders (public and private). In that particular case Danny+other private shareholders would have 40%+30%*(40/70)=57,14% and public (IPVO) shareholders would get 30%+30%*(30/70)=42.86%

At least this is how I see it, correct me if I'm wrong

You are wrong, the intent is not for there to be a concentration of unsold shares.

I should let Danny comment on any specifics on how the dividends are handled for unsold shares.

[cryptocyprus]

The shares will remain for sale on the direct platform only, with a free transfer for the amount of shares purchased into any platform we have available. The date was only set to determine if the IPVO was deemed a success or a failure, as detailed early in the thread. We shall remove the walls on the 30th November and if people want to invest directly they can do.

The dividends will only be paid on shares sold, I will not receive any dividends on my holdings until 0.0035 BTC/Share has been paid on all public shares as per the agreement.

In relation to news releases, I announce what I can without jeopardizing certain deals, once we have things nailed down we push the information out to all investors. We have many different things happening on the ground, this results in many loose ends. When they are tied you will know about it, the business world is not accustomed to working at the speed Bitcoin operates at YET.

One of our merchants are planning their own news release in advance of us doing so, because they are pushing to get the announcement in the printed WSJ.

[professorY]

[T]he business world is not accustomed to working at the speed Bitcoin operates at YET.

This is a very good point. Some of the expectations that have come to be seen as standard in the bitcoin community are just not feasible in the larger business world (yet, as you point out).

[N_S]

Good stuff all around here. Hats off to Danny and TAT for staying up on this and not leaving folks in the dark.

[NUFCrichard]

The shares will remain for sale on the direct platform only, with a free transfer for the amount of shares purchased into any platform we have available. The date was only set to determine if the IPVO was deemed a success or a failure, as detailed early in the thread. We shall remove the walls on the 30th November and if people want to invest directly they can do.

The dividends will only be paid on shares sold, I will not receive any dividends on my holdings until 0.0035 BTC/Share has been paid on all public shares as per the agreement.

In relation to news releases, I announce what I can without jeopardizing certain deals, once we have things nailed down we push the information out to all investors. We have many different things happening on the ground, this results in many loose ends. When they are tied you will know about it, the business world is not accustomed to working at the speed Bitcoin operates at YET.

One of our merchants are planning their own news release in advance of us doing so, because they are pushing to get the announcement in the printed WSJ.

I guess if the merchant news is as good as we all hope, the unsold shares issue won't be an issue for very long!

[stash]

Can someone show me where the info about direct management system planning to establish by neobee for me to read. Not sure which platform are the best should i go in order to transfer my shares from bitfunder to direct management system or havelock.

[GreekGeek]

For anyone that is still on Bitfunder.com that wishes to use their free migration to go to HavelockInvestments.com (NOT the direct management system), please use these instructions for now:

NEOBEE Bitfunder > Havelock Migration

We are enabling each Bitfunder shareholder ONE free migration.

The following limitations apply:
1. You must initiate this migration request before December 1, 2013.
2. Due to a massive amount of requests, your migration might take anywhere from 1-4 days to process.
3. Beginning On December. 1st, all remaining Bitfunder NEOBEE holders will be converted to direct-share management, registered under their public Bitfunder wallet address.
4. We can make no guarantees that Bitfunder or Havelock will not impose additional limitations on trading in the future.

 How to Transfer Shares:
 1. Make the subject of your email: NEOBEE BF
 2. Push the amount of shares to the issuer account on Bitfunder: NeoBee (Use the Transfer function in Bitfunder.com)
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email),
  - Bitfunder public wallet address
  - Quantity of shares
  - Havelock registered email address

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

Transfers will be made in batches, and confirmations will ONLY be sent after each batch. Do NOT send emails requesting updates.

NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. TAT Investments is not responsible for any limitations or discontinuations of services or access to liquidity imposed by the host exchanges.

Hello I have one problem

I cannot transfer the shares  to the issuer because bitfunder requires  Google 2-factor
I do not have a smart phone and I am not planning on buying one just for transferring my NeoBee stock

any suggestions?

[lewicki]

Hello I have one problem

I cannot transfer the shares  to the issuer because bitfunder requires  Google 2-factor
I do not have a smart phone and I am not planning on buying one just for transferring my NeoBee stock

any suggestions?

Use this:
https://github.com/gbraad/html5-google-authenticator

download the zip, uncompress, then open the index.html file

add your key and you're all set.

[canth]

Hello I have one problem

I cannot transfer the shares  to the issuer because bitfunder requires  Google 2-factor
I do not have a smart phone and I am not planning on buying one just for transferring my NeoBee stock

any suggestions?

Let me suggest that you have a 2nd device for 2 factor authentication, regardless of bitfunder's requirements. If you don't want a smart phone, you can get a tablet or iPod touch for <$100 on ebay no problem. 3rd gen iPod touch running iOS 5 or later will cost you $50 on ebay and the added security could plausibly save you a tremendous amount more than that.

[pedrog]

Hello I have one problem

I cannot transfer the shares  to the issuer because bitfunder requires  Google 2-factor
I do not have a smart phone and I am not planning on buying one just for transferring my NeoBee stock

any suggestions?

Use this:
https://github.com/gbraad/html5-google-authenticator

download the zip, uncompress, then open the index.html file

add your key and you're all set.

I also use this, pretty handy.

[Fabrizio89]

How did the conferences go?

[GreenBits]

friends, stop selling this so cheaply. these shares represent a minimum of .003 btc each.

this = continued adoption/indoctrination into BTC. confidence in this is confidence into the future of BTC. i totally understand needing to liquidate a position to free up some funds, (i live entirely off the blockchain. i only use fiat when i have to pay rent or purchase assets)

but damn. this was a deal at ipo and the recent dip in price is making purchasing almost criminal. if you are liquidating to take advantage of the rising price of BTC , relax. it not done rising.

i will continue to gobble up these delicious shares.

Green


eagerly awaiting the additional news. the WSJ release + University. Methinks the news will be closer to the 30th, however. Which works absolutely fine for me.


Just an intuition.

[lewicki]

How's the first branch of Neo shaping up?

[cryptocyprus]

We take delivery on the 23rd of this month. Then the interior renovations start, on target to have that completed by 1st week of January ready for the soft opening.

[lewicki]

We take delivery on the 23rd of this month. Then the interior renovations start, on target to have that completed by 1st week of January ready for the soft opening.

Very cool! Like others, I'm very excited.

[N_S]

We take delivery on the 23rd of this month. Then the interior renovations start, on target to have that completed by 1st week of January ready for the soft opening.

Perfect timing

[Skoutz]

Can't wait to visit the Flagship Branch!