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

[N_S]

The bank bailout was awesome PR for the Treasury.  Won you over, huh?

crumbs, I have news for you: this isn't a bank bailout nor is it remotely similar.

[velacreations]

As for myself I invested in Neo & Bee thinking that this was good for Bitcoin and want its success more than actually profiting. Its success will also be probably a factor of future bitcoin price increases.
I still fail to understand what is going on now. Unless by wider perspective you mean goatse.

I see the benefits mainly as:

1.) You get people their money back. This has wider implications on the reputation of bitcoin-related ventures going forward.

2.) The positive press would be beneficial for Neo & Bee and used as a evidence of credibility.

those benefits have to be compared with the situation of NeoBee just focusing on their own success, instead.  The fact that they are adding cost to NeoBee (time and possibly funds), without a clear route to financial gain is a huge red flag.  If they didn't get involved, and instead focused on getting more business and profits for NeoBee, they would also gain significant trust and positive press. 

Positive press doesn't pay the rent, btw.

[N_S]

1.) You get people their money back. This has wider implications on the reputation of bitcoin-related ventures going forward.

Not "people", but investors who made bad decisions and should not be rewarded for it.
Let me guess, you too have money tied up in ButtFondler.

2.) The positive press would be beneficial for Neo & Bee and used as a evidence of credibility.

Not going to happen.

I've said this before - I have ZERO money on BitFunder.

I don't think I can really string up the userbase of BitFunder as having made "bad decisions" or not being entitled to money they had tied up there.

Also, helping credibility is just "not going to happen"? Oh, well I guess that's that then.

[velacreations]

The bank bailout was awesome PR for the Treasury.  Won you over, huh?

crumbs, I have news for you: this isn't a bank bailout nor is it remotely similar.

how do you know?  where can I see the details of the deal, what is contained, what the roles are, etc?

Danny said there were no coins, but then he says everyone is going to get their coins.  So, where do these nonexistent coins come from?

Again, I ask Danny to give us a proper update that explains the details of this deal.  In a typical, non bitcoin, business a deal like this could not be made without shareholder approval first.  All we are asking for are details that were promised to us.

[N_S]

The fact that they are adding cost to NeoBee (time and possibly funds), without a clear route to financial gain is a huge red flag.

Please note that this is a major assumption. Danny is, after all, a business man. Why don't we wait and see if it's coming at a sunk cost. At this stage, we can't say it is or isn't.

[crumbs]

The bank bailout was awesome PR for the Treasury.  Won you over, huh?

crumbs, I have news for you: this isn't a bank bailout nor is it remotely similar.

How would you describe it?  Compare & contrast.

[N_S]

Again, I ask Danny to give us a proper update that explains the details of this deal.  In a typical, non bitcoin, business a deal like this could not be made without shareholder approval first.  All we are asking for are details that were promised to us.

Keep in mind that when you purchased shares, you did so acknowledging that those shares did not come with voting rights. In other words, they don't need shareholder approval.

We've been told there are legal documents in place that prohibit Danny from explaining more. What do you expect him to do? Violate those?

[crumbs]

...
We've been told there are legal documents in place that prohibit Danny from explaining more...

Care to point to the post where this is stated? 

[N_S]

Care to point to the post where this is stated?  

Sure:

Danny thanks for stepping in to help. When will we find out what happened to our coins, surely you already know?

No problem for stepping in.

Yes I do know, but I am bound not to make this information public at this moment in time.

[crumbs]

Care to point to the post where this is stated?  

Sure:

Danny thanks for stepping in to help. When will we find out what happened to our coins, surely you already know?

No problem for stepping in.

Yes I do know, but I am bound not to make this information public at this moment in time.

There is absolutely no mention of any legal documents.  What are you reading?

[N_S]

There is absolutely no mention of any legal documents.  What are you reading?

And here:

If you promise to support my family, following me making that information public at this very moment in time.
You will have to excuse the fact that I value my freedom.

I'm not going to hold your to help you read between the lines.

[crumbs]

There is absolutely no mention of any legal documents.  What are you reading?

And here:

If you promise to support my family, following me making that information public at this very moment in time.
You will have to excuse the fact that I value my freedom.

I'm not going to hold your to help you read between the lines.

Let me explain how legal documents work, N_S:
The very reason such documents exist is to remove any need, or possibility, to "read between the lines."  What you're describing is poetry and love letters, not legal documents.
*What i'm seeing is you assuming that there are such documents, and proceeding to make your argument from that baseless assumption.
**You would not even be able to tell me the parties to these presumed legal documents.  Who is involved?  Are these "legal documents" between Ukyo & Danny?  Ukyo & the Feds?  The Feds, Ukyo & Danny?
Why do we need to guess at all of this fail?

[velacreations]

Please note that this is a major assumption. Danny is, after all, a business man. Why don't we wait and see if it's coming at a sunk cost. At this stage, we can't say it is or isn't.

It's a major assumption to say otherwise, as well.  I was waiting for the details, as they were promised several days ago.  How long do we have to wait for people to keep their promises?

[velacreations]

Again, I ask Danny to give us a proper update that explains the details of this deal.  In a typical, non bitcoin, business a deal like this could not be made without shareholder approval first.  All we are asking for are details that were promised to us.

Keep in mind that when you purchased shares, you did so acknowledging that those shares did not come with voting rights. In other words, they don't need shareholder approval.

We've been told there are legal documents in place that prohibit Danny from explaining more. What do you expect him to do? Violate those?

Yeah, I know we don't have voting rights, and I never said we did. But, you know, if this company wasn't in the Bitcoin economy, Danny would have been removed by the shareholders by now.  If his goal is to help the image of Bitcoin, he's not doing anyone any favors.

I expect Danny to do what he says.  If he says "I'll give you details on the deal on Friday", I expect him to do just that.  I don't know the specifics of his legal arrangements, it's his duty to inform us of those, not ours to assume what they might be.

You act like it is unreasonable for shareholders to expect clarification when promised.

[N_S]

You act like it is unreasonable for shareholders to expect clarification when promised.

I honestly don't. I understand the frustration.

It really doesn't help to have a constant stream of people screaming scam and acting overly entitled. Having personally met the team helping resolve this, I can assure you their aim is in the right direction. They aren't scamming anyone. They are making a concerted effort to get people back their funds. Give them some slack.

[velacreations]

Déjà vu: N-S defending the company. Crumbs, pannake, and I asking for proper clarification after a broken promise.

Smells like Labcon in this thread.  In a bit, you'll see some dipshit suggest that we be ignored for asking the company to fulfill its promises and provide more transparency.

It really doesn't help to have a constant stream of people screaming scam and acting overly entitled. Having personally met the team helping resolve this, I can assure you their aim is in the right direction. They aren't scamming anyone. They are making a concerted effort to get people back their funds. Give them some slack.

I don't think they are scamming anyone, but all I want are details that were supposed to be provided days ago.  Is that really too much to ask?

And, for the record, I did give them slack.  I waited for the Friday announcement with patience.  It's now Sunday. That's all the slack I can afford in the bitcoin investment space, at this time.

[nightengale]

Is this the best location to get investor updates on Neo & Bee? I'm not seeing much recent info in the "News" section of the LMB Holdings website...

[Herp]

You act like it is unreasonable for shareholders to expect clarification when promised.

I honestly don't. I understand the frustration.

It really doesn't help to have a constant stream of people screaming scam and acting overly entitled. Having personally met the team helping resolve this, I can assure you their aim is in the right direction. They aren't scamming anyone. They are making a concerted effort to get people back their funds. Give them some slack.

If you don't understand the frustration you shouldn't be involved. I've noticed your posts since the beginning of this thread and I can only assume you're deeply connected to Neo&bee on some level.

PR is an important part of the business and you have to understand how people think and the psychology behind it. The mere association of Neo&Bee name to a potential scammer can cause damage in itself, let alone anything else that might result from further complications.

I'm a Neo&Bee shareholder also and I subscribe to what previous posters said. I personally don't have much love for that Ukyo guy from the way he conducted himself in some situations, so you need to try and see this from a different point of view. I get the fact that Neo&bee can use that guy as personal slave or something, which is why he's probably in Cyprus now. Saying it's absurd for shareholders to be concerned in this circumstance is borderline insulting.

[N_S]

If you don't understand the frustration you shouldn't be involved. I've noticed your posts since the beginning of this thread and I can only assume you're deeply connected to Neo&bee on some level.

PR is an important part of the business and you have to understand how people think and the psychology behind it. The mere association of Neo&Bee name to a potential scammer can cause damage in itself, let alone anything else that might result from further complications.

I'm a Neo&Bee shareholder also and I subscribe to what previous posters said. I personally don't have much love for that Ukyo guy from the way he conducted himself in some situations, so you need to try and see this from a different point of view. I get the fact that Neo&bee can use that guy as personal slave or something, which is why he's probably in Cyprus now. Saying it's absurd for shareholders to be concerned in this circumstance is borderline insulting.

I think you need to re-read what I wrote.

I don't think it's any secret that I'm a shareholder and have been out to Cyprus for a visit - I've been pretty forthcoming with both those facts.

The point is this: if you're unhappy with these dealings, or if you feel your funds have been stolen, sell your shares/don't buy shares and contact the authorities. Danny has voiced the exact same sentiment.

Neo & Bee are trying to get funds back. Now, you're free to think that's bullshit, they're scammers, they're out doing coke off strippers, etc. It really doesn't matter. They as a company have made the decision to get involved. If you're not happy, then wipe your hands and leave it all in the rear-view.

Once again, I'm not saying people shouldn't be upset. They should be. As such, do what you feel is best. It's as simple as that.

[deizel]

http://www.youtube.com/watch?v=IKW1rLayW5U