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Author Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings  (Read 658167 times)
NEO-PR
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February 26, 2014, 10:47:41 PM
Last edit: February 26, 2014, 11:06:38 PM by NEO-PR
 #3081

OFFICIAL UPDATE FEBRUARY 26, 2014
Also posted here: https://www.lmb-holdings.com/index.php?cID=181

Neo Branch Opening
This week’s branch-opening received a terrific response from the general public. Attendees were amazed with the quality of the space and appreciated how much more educated they became after learning more about Bitcoin from our team. We opened many customer accounts, however, due to the MtGox situation, we withheld the sale of bitcoins temporarily to avoid immediate “loss” for customers that day and to keep focus on Neo and the benefits of Bitcoin.

This decision is not something that will be repeated in the future, it was a decision taken because we had not commenced operations at the time of the uncertainty surrounding MtGox.

Here are some photos from the event:

http://imgur.com/a/IrZck#0

Videos:

http://youtu.be/9vfWtINsLdk

http://youtu.be/rwVGlVEThjs

http://youtu.be/vTm0LUT_NCw

The Bee Payment Terminal Demonstration http://youtu.be/oRUM75oyI-g


Merchant Interest

Our merchant conferences and marketing efforts have resulted in an overwhelming amount of interest from businesses wanting to accept bitcoins. The variety of these businesses is excellent, and a future where Cypriots will be in a position to only use euros to pay government institutions is within sight.

Many of these businesses want to pass on some of the savings from using Bee payment services to their customers. Some businesses do not want to convert their bitcoins into Euros at the point of sale, this will help us to target those businesses who do not service end users. These are positive steps toward a closed-loop Bitcoin economy.

SoEasy Stores are kiosks (mini markets, convenience stores). They are the largest chain on the island with 40 stores and they will enable Neo wallet holders to buy bitcoins and sell them via a Bee terminal at every SoEasy location. This agreement essentially means that we now have 40 additional locations across the island where people can access our services and Bitcoin.


International Coverage

Many international media outlets have contacted us for interviews surrounding what we are doing here in Cyprus with Bitcoin and we are going to be featured in many upcoming publications.


International Expansions

There is significant interest from individuals and groups to expand the Neo and Bee brand internationally, as well as interest from others who wish to emulate what Neo has started. We are willing to help anyone who wants to build professional services in the Bitcoin space, including those that wish to emulate what we are doing here. More professional businesses aimed at the masses will only serve as good thing for Bitcoin.


Multi-Signature Wallet Implementation

We have had a delay on the integration of the multi-signature wallets. This will be resolved soon with further development. All of our customers will be briefed on this delay. We are satisfied with our level of network security and continued monitoring of this infrastructure and we should have this service available soon.


MtGox Statement

What we are witnessing now with MtGox is further cleansing of the Bitcoin ecosystem. The odds are that MtGox is beyond repair in every aspect. Whether the coins are missing or not remains to be seen, as little solid information has been released. Luckily the Bitcoin space is now witnessing serious investors and business people developing infrastructure to utilize the technology in a more professional capacity. The time of garage companies, shady operators and teenage hackers has passed. The time of seriously funded, professionally operated, responsibly executed, carefully planned and diligently tested businesses is here. This new crop of businesses is more transparent, more secure and more professional than those of the first generation. Here at Neo and Bee and Neo EasyCoin, we are making great progress towards higher levels of transparency and professionalism. The willingness of other businesses such as Coinbase, Bitstamp, Coinkite, Circle and Blockchain.info to provide transparency and accountability is encouraging.

Our customers can always independently verify their Bitcoin holdings on the blockchain. We voluntarily subject ourselves to external audit with one of the Big Four audit firms, and we make painstaking efforts to remain on the forefront of physical and software security to ensure we do not become the next MtGox.

Bitcoin is here to stay and it will only become stronger through more professional infrastructure.


Thank you!


The response from the BitcoinTalk forum, Reddit and Twitter has been amazing. Everyone here fully understands this is just the beginning for us, but we are excited by the future. Your continued support is extremely appreciated and we are all working towards making this a long-lasting business that is beneficial to everyone involved.
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Elokane
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February 26, 2014, 11:13:26 PM
 #3082

Through what channel would you prefer interested international parties approach you?

Synereo: liberating the Internet from abusive business models.

Beware of he who would deny you access to information, for in his heart, he dreams himself your master.
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February 26, 2014, 11:25:30 PM
 #3083

Quote
International Expansions

There is significant interest from individuals and groups to expand the Neo and Bee brand internationally, as well as interest from others who wish to emulate what Neo has started. We are willing to help anyone who wants to build professional services in the Bitcoin space, including those that wish to emulate what we are doing here. More professional businesses aimed at the masses will only serve as good thing for Bitcoin.

Time to start thinking about a franchise model?


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DECENT
FOUNDATION



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[D]ecentralized application
[E]liminated third parties
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[E]ncrypted & secure
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gurzuk
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February 26, 2014, 11:48:55 PM
 #3084

http://www.mindfulmoney.co.uk/wp/shaun-richards/what-does-bitcoin-and-its-problems-tell-us-about-the-meaning-and-value-of-money/

“New bitcoin exchange Neo and Bee – a company in Cyprus that lost 29% of its capital due to the drop in Bt exchange“... ?
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February 27, 2014, 12:07:39 AM
 #3085

http://www.mindfulmoney.co.uk/wp/shaun-richards/what-does-bitcoin-and-its-problems-tell-us-about-the-meaning-and-value-of-money/

“New bitcoin exchange Neo and Bee – a company in Cyprus that lost 29% of its capital due to the drop in Bt exchange“... ?

They'll never learn.
ThickAsThieves
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February 27, 2014, 12:08:13 AM
 #3086

http://www.mindfulmoney.co.uk/wp/shaun-richards/what-does-bitcoin-and-its-problems-tell-us-about-the-meaning-and-value-of-money/

“New bitcoin exchange Neo and Bee – a company in Cyprus that lost 29% of its capital due to the drop in Bt exchange“... ?

Wouldn't it be more accurate to say Neo's capital gained tremendously? I believe most of the initial shares were sold at a time when a bitcoin was worth about $130.

That post is hard to parse. Just a wall of fractured FUD.
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February 27, 2014, 01:24:11 AM
 #3087

Resetting my password on LMB doesn't seem to be working. Is this a known issue?

Had the same problem. Needed LMB support to reset it manually.

Synereo: liberating the Internet from abusive business models.

Beware of he who would deny you access to information, for in his heart, he dreams himself your master.
<br>
Skoupi
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February 27, 2014, 02:36:08 AM
 #3088

So, any word about how many of the 9600000 IPO shares have been sold so far?
I can't seem to find that info nowhere.
lewicki
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February 27, 2014, 02:44:30 AM
 #3089

So, any word about how many of the 9600000 IPO shares have been sold so far?
I can't seem to find that info nowhere.

Add up the public ledger on lmb and derive the amount of shares on havelock by using the the market cap. Add them together.
ThickAsThieves
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February 27, 2014, 03:13:24 AM
 #3090

So, any word about how many of the 9600000 IPO shares have been sold so far?
I can't seem to find that info nowhere.

Add up the public ledger on lmb and derive the amount of shares on havelock by using the the market cap. Add them together.

That method would not yield an accurate count, as some shares remain unclaimed from the BTCT and Bitfunder shutdowns, and some angel investors have yet to render their shares into LMB-holdings.com or Havelock.

The count of outstanding shares sold is 5,050,672 of the 16,000,000 that make up LMB Holdings as a whole.*

*These numbers are subject to future audit and can only be officially confirmed by LMB Holdings.
Fabrizio89
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February 27, 2014, 05:32:50 AM
 #3091

OFFICIAL UPDATE FEBRUARY 26, 2014
Also posted here: https://www.lmb-holdings.com/index.php?cID=181


You guys did a great job. Smiley
btcbot
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February 27, 2014, 06:22:49 AM
 #3092

A transfer fee isn't ridiculous, its the price that is.

Exactly and at .2 BTC - $120? To transfer shares worth $100? 

It's a ripoff!

 Roll Eyes

Don't tip me... tip the Riseup folks who protect activists around the world.
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February 27, 2014, 06:25:38 AM
 #3093

Grin

Thanks... really, though, you need and we all need to stop acting like dicks.  

 Cool

The information is badly written.  I thought the fee was .2.   Whatever.  But the 1 BTC fee is never explained well.  

So, shit on your customers and again make the BTC scene one less bit professional.  

 Roll Eyes



The fee is 0.2btc.
They did indicate that the fee might not apply for smaller shareholders (less then 1000 shares)

Yup... so how much is it going to cost me to move my 100 shares away from the Havelock implosion?   Roll Eyes

00000.2 BTC.  Really?  That's a joke. 

Troll. Welcome to my ignore list.

A complaint, nicely worded, leads to ignore?  You're a real pro, dude.  This and Havelock's obvious problems lead me to get in on this late.  (That and that crap LMB Holdings site). 

You guys have been working hard - but this is no excuse for lack of polity and ridiculous prices for transfers.  No wonder you washed your hands of Asicminer.  This thing will be a gold mine once Havelock shuts down.   Roll Eyes

Don't tip me... tip the Riseup folks who protect activists around the world.
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February 27, 2014, 06:49:46 AM
 #3094

OFFICIAL UPDATE FEBRUARY 26, 2014
Also posted here: https://www.lmb-holdings.com/index.php?cID=181

Neo Branch Opening
This week’s branch-opening received a terrific response from the general public. Attendees were amazed with the quality of the space and appreciated how much more educated they became after learning more about Bitcoin from our team. We opened many customer accounts, however, due to the MtGox situation, we withheld the sale of bitcoins temporarily to avoid immediate “loss” for customers that day and to keep focus on Neo and the benefits of Bitcoin.

This decision is not something that will be repeated in the future, it was a decision taken because we had not commenced operations at the time of the uncertainty surrounding MtGox.

Here are some photos from the event:

http://imgur.com/a/IrZck#0

Videos:

http://youtu.be/9vfWtINsLdk

http://youtu.be/rwVGlVEThjs

http://youtu.be/vTm0LUT_NCw

The Bee Payment Terminal Demonstration http://youtu.be/oRUM75oyI-g


Merchant Interest

Our merchant conferences and marketing efforts have resulted in an overwhelming amount of interest from businesses wanting to accept bitcoins. The variety of these businesses is excellent, and a future where Cypriots will be in a position to only use euros to pay government institutions is within sight.

Many of these businesses want to pass on some of the savings from using Bee payment services to their customers. Some businesses do not want to convert their bitcoins into Euros at the point of sale, this will help us to target those businesses who do not service end users. These are positive steps toward a closed-loop Bitcoin economy.

SoEasy Stores are kiosks (mini markets, convenience stores). They are the largest chain on the island with 40 stores and they will enable Neo wallet holders to buy bitcoins and sell them via a Bee terminal at every SoEasy location. This agreement essentially means that we now have 40 additional locations across the island where people can access our services and Bitcoin.


International Coverage

Many international media outlets have contacted us for interviews surrounding what we are doing here in Cyprus with Bitcoin and we are going to be featured in many upcoming publications.


International Expansions

There is significant interest from individuals and groups to expand the Neo and Bee brand internationally, as well as interest from others who wish to emulate what Neo has started. We are willing to help anyone who wants to build professional services in the Bitcoin space, including those that wish to emulate what we are doing here. More professional businesses aimed at the masses will only serve as good thing for Bitcoin.


Multi-Signature Wallet Implementation

We have had a delay on the integration of the multi-signature wallets. This will be resolved soon with further development. All of our customers will be briefed on this delay. We are satisfied with our level of network security and continued monitoring of this infrastructure and we should have this service available soon.


MtGox Statement

What we are witnessing now with MtGox is further cleansing of the Bitcoin ecosystem. The odds are that MtGox is beyond repair in every aspect. Whether the coins are missing or not remains to be seen, as little solid information has been released. Luckily the Bitcoin space is now witnessing serious investors and business people developing infrastructure to utilize the technology in a more professional capacity. The time of garage companies, shady operators and teenage hackers has passed. The time of seriously funded, professionally operated, responsibly executed, carefully planned and diligently tested businesses is here. This new crop of businesses is more transparent, more secure and more professional than those of the first generation. Here at Neo and Bee and Neo EasyCoin, we are making great progress towards higher levels of transparency and professionalism. The willingness of other businesses such as Coinbase, Bitstamp, Coinkite, Circle and Blockchain.info to provide transparency and accountability is encouraging.

Our customers can always independently verify their Bitcoin holdings on the blockchain. We voluntarily subject ourselves to external audit with one of the Big Four audit firms, and we make painstaking efforts to remain on the forefront of physical and software security to ensure we do not become the next MtGox.

Bitcoin is here to stay and it will only become stronger through more professional infrastructure.


Thank you!


The response from the BitcoinTalk forum, Reddit and Twitter has been amazing. Everyone here fully understands this is just the beginning for us, but we are excited by the future. Your continued support is extremely appreciated and we are all working towards making this a long-lasting business that is beneficial to everyone involved.


I feel a bit slow since I read the e-mail 12 hours ago but congrats
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February 27, 2014, 08:09:46 AM
 #3095

Too all those complaining about the transfer fee:

I kinda agree with you (just a little bit). When the initial IPO started, there was no option to buy directly at LMB...
Therefore I feel like TaT should grant everyone a one time free transfer to LMB. After that I completely agree with charging a fee.

Just my 2 cents...

Now can we stop discussing that topic? If you only have 100ish shares I bet you can contact TaT directly and arrange something...

Found my posts helpful? Consider buying me a beer :-)!:
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seanneko
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February 27, 2014, 08:35:18 AM
 #3096

Is the LMB site broken? I never got the verification email after creating my account. Can't see any way to have it sent again either...
bitcoin.newsfeed
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February 27, 2014, 08:42:58 AM
 #3097

Is the LMB site broken? I never got the verification email after creating my account. Can't see any way to have it sent again either...

Did you tried different e-mail providers before asking this here? Also please address this issues to LMB support contact.

... Question Everything, Believe Nothing ...
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February 27, 2014, 09:02:24 AM
 #3098

For those who do not know me, I am Danny Brewster of Neo & Bee (https://bitcointalk.org/index.php?topic=289730.0;topicseen) Neo & Bee has agreed to take an active role in ensuring this situation gets resolved.

I have a full understanding of the situation (...) . The biggest question is going to be “why or how has this happened?” I will be providing the answer in full (...)

To this end, we would like to ask that everyone continues to be patient while the final preparations are put in place that will allow for users to enable recovery of their funds, (...)

Everyone at Neo & Bee are now involved in this resolution process.


You can have my word that everything conceivably possible, to resolve these problems are being done to the best of our abilities.

I would like to thank you for your understanding and cooperation so far and we look forward to having this situation resolved as soon as possible.


please don't ignore us

NanoAkron
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February 27, 2014, 09:39:54 AM
 #3099


A complaint, nicely worded, leads to ignore?  You're a real pro, dude.  This and Havelock's obvious problems lead me to get in on this late.  (That and that crap LMB Holdings site). 

You guys have been working hard - but this is no excuse for lack of polity and ridiculous prices for transfers.  No wonder you washed your hands of Asicminer.  This thing will be a gold mine once Havelock shuts down.   Roll Eyes

God you are a moaning little arsehole.

If you only have $100 of shares (27 by last count) you get them transferred for free.

And you're now on my ignore list as well.
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February 27, 2014, 10:10:47 AM
 #3100

http://cyprus-mail.com/2014/02/27/bitcoin-ecosystem-being-cleansed/
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