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

[klee]

Some idiots dump their shares - I bought a shitload!

You can call them idiots, but you don't know what they know. Those same idiots still made a profit. They also don't trust HavelockInvestments with all the bullshit going on with them. Today, Virtex announced their de-listing, converting Bitcoin back to god-damned fiat, but making your shares regular Canadian company shares, tied to the Canadian dollar.

In the end, you do what you have to do.

I know the guys @Neo&Bee - no worries on my side...

[Peter Lambert]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

Now I am curious what you consider a solid investment besides N+B? What criterion do you apply to make your list? While I have invested in N+B, I am not sure they qualify as a "solid investment" yet, they are still in the start-up phase and have not yet paid any dividend or moved above the IPO price.

[klee]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

Overreacting..

[limbaugh]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

Now I am curious what you consider a solid investment besides N+B? What criterion do you apply to make your list? While I have invested in N+B, I am not sure they qualify as a "solid investment" yet, they are still in the start-up phase and have not yet paid any dividend or moved above the IPO price.

Don't forget the millions of unsold IPVO shares.

[klee]

 

[jimmothy]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

Now I am curious what you consider a solid investment besides N+B? What criterion do you apply to make your list? While I have invested in N+B, I am not sure they qualify as a "solid investment" yet, they are still in the start-up phase and have not yet paid any dividend or moved above the IPO price.

Not like moving above IPO or paying divs are any indication of a solid investment (see labcoin).

I was strongly considering investing in neobee prior to the decision to get involved with the weex issue. I might still snag a few shares if the price dips enough because I do believe the idea behind the company is great. Just the current situation and ridiculously vague/annoying communication is enough to keep me from investing now.

[Kosmatos]

Now I am curious what you consider a solid investment besides N+B? What criterion do you apply to make your list? While I have invested in N+B, I am not sure they qualify as a "solid investment" yet, they are still in the start-up phase and have not yet paid any dividend or moved above the IPO price.

This isn't the right thread for this. Let's take it elsewhere. You can direct message me if you want. By "solid investment", I meant, of course, relative to all the other unregulated, unverified, uncommunicative, hear-say securities in this crazy wild-west crazy bitcoin land full of scams and hacking etc.

[gannicus]

Don't forget the millions of unsold IPVO shares.

It became hard to invest in the company with the BTC price increasing as it did. In september, the average investor could take 5,000 dollars, buy 50 bitcoins, and it would give him 16.6k shares. Now, this same amount of money will give him about 2k shares. Considering the economy we live today, using fiat everyday, earning salaries in fiat, with all prices in fiat, we must look at it through "fiat eyes". Somehow it is good for the company that there are still these unsold shares if you consider the whole situation: they have got the money they needed, because the BTC price increased, they have lower obligations regarding the dividend policy (so far) since there are less shares to distribute dividends and considering they ever do that, this money is mostly going to go back to them since if the price stays at this level (or lower) when dividends are paid, investors are likely to buy more shares. I am not saying this is the best outcome possible (it is certainly not, and there are bad points in this), but I am pretty sure the current situation is better for the company than having all shares sold and BTC at 150-250 dollars (the best prediction at their prospectus).    

[velacreations]

Neo & Bee Update Dec 13, 2013

Bullish.

+1

[DaSheep]

well I just remembered I've bought a batch of shares (~1k) on BTC-TC 
could anyone be so kind and explain to me what I have to do to claim them?

[ffssixtynine]

The BTC price has definitely changed the risk profile of investments, regardless of how good the company may be. Until you see divs, which are a long way off as far as I know, it's difficult to say where you stand so all you can do is calculate possible quarterly profits (Neo are an odd mix of Euros and BTC so it's a little tough), estimate the BTC price in a few months, and factor in the number of shares.

I'm bullish on Neo but I'd be more comfortable if the BTC price fell below $500 for a few months.

Shares being BTC denominated awkwardly skews the risk profile.

Congrats on all the latest news by the way Danny. I'm sure there is more to come

[Herp]

Bitfunder took central stage here but it's more of a secondary concern I'd say, so let's leave that aside for a while.

This was featured on Keiser Report few days ago.

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

At min 13:00, University of Nicosia CFO is interviewed and goes on to say they are lobbying Cyprus gov to transform the country in a bitcoin trading hub. Of course we know who the driving force behind it is.

[equipoise]

Where do I see my address on bitfunder that I'm supposed to sign a message from to transfer my shares?

The very last Google's cache of Bitfunder assets list (1 Dec 2013, 18:13:31 GMT): https://www.dropbox.com/s/vbxit8c0mde7fs6/The-Very-Last-Google%27s-cache-of-Bitfunder-assets-list-1-Dec-2013-18-13-31-GMT.rar

If you didn't transferred your shares before those were automatically transferred your address should be one of the addresses listed.

[lolstate]

I have a question about dividends and tax.

LMB Subsidiaries is a UK company, so does this mean future divs will be paid net of any UK withholding tax or will they be paid in full without deductions at source? For example, if my cut of Neo & Bee's profit distribution for Q1 2014 is 1 BTC, will the full 1 BTC be sent to my address or should I expect less than 1 BTC?

[nanobrain]

back on topic ...

Dear cryptocyprus or TAT, what should we expect for the remaining 2 weeks of this year? Any big announcements, summary, roadmap, or ... ?

I wish us good luck with soft-opening soon

I'm sorry if you feel I 'derailed' things but I've had 112 pages of listening to hollow and ill-born arguments.

Share holders are allowed to express their concerns and everyone should approach investments with a healthy degree of caution, even skeptism; but it has been a constant flow of cynicism from a small number of users here.  Some of these users have admitted they are simply trying to 'paint the tape' and drive the share price down.

Even after a shareholder flew to cyprus and spent time with Danny and co it wasn't enough.

It has reached a stage where clearly even Danny I feel has had enough of the constant sniping and criticism (the barrel is being scraped when they start on spelling errors).   Negativity breeds negativity and I don't want it polluting this operation.  From my research and the communication I have received from Danny and NEO it is clear they are due some clear water and some respect from investors.

I too wish all the best of luck with the soft-opening and offer apologies to fellow rational shareholders but I have had enough of these maggots....and hell hath no fury etc etc.

[klee]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

How does it feel selling dirty cheap now? And being manipulated by trolls like punkKate and crunch?
Kρίμα και είσαι και πατριώτης - αντί να στηρίξεις πoλεμάς, λες και δε μπoρείς να πας να τα δεις κάτω τα παιδιά ή να ρωτήσεις κανέναν άλλo Έλληνα παλιό εδώ - από καλoκαίρι 2011 έκανα account, Xριστoύγεννα είχα αρχίσει να παρακoλoυθώ..

Σόρυ αν είμαι σκληρός, αλλά σoυ αξίζει.

[Fabrizio89]

Ukyo posted some photos in his thread about resolving the Bitfunder problem with Danny:
https://i.imgur.com/1Z2kZZv.jpg
https://i.imgur.com/rnMfFav.jpg
https://i.imgur.com/LMZhZ34.jpg
The first branch looks really nice so far. Hope I'll be able to come in Cyprus and visit you in the near future.

[Kosmatos]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

How does it feel selling dirty cheap now? And being manipulated by trolls like punkKate and crunch?
Kρίμα και είσαι και πατριώτης - αντί να στηρίξεις πoλεμάς, λες και δε μπoρείς να πας να τα δεις κάτω τα παιδιά ή να ρωτήσεις κανέναν άλλo Έλληνα παλιό εδώ - από καλoκαίρι 2011 έκανα account, Xριστoύγεννα είχα αρχίσει να παρακoλoυθώ..

Σόρυ αν είμαι σκληρός, αλλά σoυ αξίζει.

I honestly never expected you to say this. You make it sound like I was being a troll. Danny made 3-4 promises that were broken. That's all that bothers me, that's all that ever bothered me.

I actually haven't seen the trolls posts because I have ignored: crumbs, volerupter/valacreations...(or something like that), pankkake, and a couple more.

Congratulations "on being here since 2011".

 

[klee]

I know the guys @Neo&Bee - no worries on my side...

Good to know. I still have a boatload of shares. I just adjusted my % invested in shares vs. just holding bitcoin. There are only 3 solid investments in bitcoin securities (IMO), and one of them is de-listing, the other has awful communication but still promises, and the third, Neo & Bee, is starting to mess around.

How does it feel selling dirty cheap now? And being manipulated by trolls like punkKate and crunch?
Kρίμα και είσαι και πατριώτης - αντί να στηρίξεις πoλεμάς, λες και δε μπoρείς να πας να τα δεις κάτω τα παιδιά ή να ρωτήσεις κανέναν άλλo Έλληνα παλιό εδώ - από καλoκαίρι 2011 έκανα account, Xριστoύγεννα είχα αρχίσει να παρακoλoυθώ..

Σόρυ αν είμαι σκληρός, αλλά σoυ αξίζει.

I honestly never expected you to say this. You make it sound like I was being a troll. Danny made 3-4 promises that were broken. That's all that bothers me, that's all that ever bothered me.

I actually haven't seen the trolls posts because I have ignored: crumbs, volerupter/valacreations...(or something like that), pankkake, and a couple more.

Congratulations "on being here since 2011".

You are not a troll - but it seemed like you were influenced by them. Glad you have them on Ignore.

Being around since 2011 gave me the opportunity to get to know important people here like George Papageorgiou who is COO @NeoBee and Andreas Antonopoulos.

Instead of trying to learn from older Greek posters about N&B you dumped your shares lol

And you make ironic comments now for me - that makes you look even dumber!

You did not answer though how does it feel to sell way below the current price (even if you profited) nor why you did you not even try to get a first hand view about the company.

Hubris.

[San1ty]

Klee, I know you are passionate about this, but can we stop this useless discussion already?
I'd like to get an update on Neo & Bee, I don't want to see endless posts of you fighting a couple of trolls.

Just let them be, they'll go back to their cage...