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

[source101]

I am still wounding why no one has questioned why it was not Danny who fronted the TV interview seeing as though he has been the main front face of neo bee.

I can answer that he is not the Danny Brewster that died. Prior to Cyprus he lived in Doncastor, UK and his family are from Manton UK. The Mr Brewster I knew prior to Neo Bee makes it very hard to believe that he came up with this money to begin with as he went to Cyprus with a suitcase.

I am just shocked that you, as investors, have legit questions that are being left unanswered. People are justifying this by saying it should not answer to internet 'trolls'. Well what about answering to those who have money invested? Answering the claims that have been made, why the sudden silence? Would you not think that he would come out deny these things if he had nothing to hide?

No, he has media out the front of his house and is going back home with his tail between his legs because his company 'is not doing as well as he thought it would.

Final question, has anyone picked up the phone or gone into the office and spoken with Danny himself and asked what is going on. Why have you not reported to us, your shareholders? Can you please explain as you share holders are asking questions.

I am guessing no. Most likely he is not there. He and his fiancé have gone on social media silence while they get ready to fly out this coming Monday.

[Skoutz]

I am still wounding why no one has questioned why it was not Danny who fronted the TV interview seeing as though he has been the main front face of neo bee.

I can answer that he is not the Danny Brewster that died. Prior to Cyprus he lived in Doncastor, UK and his family are from Manton UK. The Mr Brewster I knew prior to Neo Bee makes it very hard to believe that he came up with this money to begin with as he went to Cyprus with a suitcase.

I am just shocked that you, as investors, have legit questions that are being left unanswered. People are justifying this by saying it should not answer to internet 'trolls'. Well what about answering to those who have money invested? Answering the claims that have been made, why the sudden silence? Would you not think that he would come out deny these things if he had nothing to hide?

No, he has media out the front of his house and is going back home with his tail between his legs because his company 'is not doing as well as he thought it would.

Final question, has anyone picked up the phone or gone into the office and spoken with Danny himself and asked what is going on. Why have you not reported to us, your shareholders? Can you please explain as you share holders are asking questions.

I am guessing no. Most likely he is not there. He and his fiancé have gone on social media silence while they get ready to fly out this coming Monday.

Do you know where he is?

[PeterHarrisonCY]

I am still wounding why no one has questioned why it was not Danny who fronted the TV interview seeing as though he has been the main front face of neo bee.

I can answer that he is not the Danny Brewster that died. Prior to Cyprus he lived in Doncastor, UK and his family are from Manton UK. The Mr Brewster I knew prior to Neo Bee makes it very hard to believe that he came up with this money to begin with as he went to Cyprus with a suitcase.

I am just shocked that you, as investors, have legit questions that are being left unanswered. People are justifying this by saying it should not answer to internet 'trolls'. Well what about answering to those who have money invested? Answering the claims that have been made, why the sudden silence? Would you not think that he would come out deny these things if he had nothing to hide?

No, he has media out the front of his house and is going back home with his tail between his legs because his company 'is not doing as well as he thought it would.

Call me a troll.

Say I am doing this to profit

But I assure you that I am not saying this or any of these reasons.

Final question, has anyone picked up the phone or gone into the office and spoken with Danny himself and asked what is going on. Why have you not reported to us, your shareholders? Can you please explain as you share holders are asking questions.

I am guessing no. Most likely he is not there. He and his fiancé have gone on social media silence while they get ready to fly out this coming Monday.

Do you know where he is?

Easy. Danny doesn't speak Greek - and this was a Greek-Speaking program.

[NotLambchop]

...
Easy. Danny doesn't speak Greek - and this was a Greek-Speaking program.

Huh.  Didn't know that.  Figured he might'a picked up a phrasebook before starting a bank.  Basic etiquette.

[Darkstone2]

A) This offering, along with ~95% of bitcoin securities, was aimed at the inexperienced investors.  Headshot.
B) The huge amount of media attention was bought and paid for by NeoBee.  It was not a fluke.  
C) Insulating bitcoin users from market fluctuations was one of NeoBee's selling points.  You're suggesting that it's a failure?

Finally, confidence is flagging because there are no tangible results.  The Ukyo fiasco, which was supposed to showcase Danny's abilities to the bitcoin world, proved that he was capable of grand promises but not much else.
Or something like that.

A) Many posting in this thread, including myself, are inexperienced investors. Also havelock is not exactly the epicenter of experienced investors.. The shares only started to catch on after the IPO was posted on reddit.

C) No, i am not suggesting NeoBee is a failure. I am suggesting that the price of the NeoBee share is somehow related to the trust in bitcoin itself. With the recent events, trust in bitcoin is probably at lower levels than during the NeoBee launch.

[lynn_402]

C) No, i am not suggesting NeoBee is a failure. I am suggesting that the price of the NeoBee share is somehow related to the trust in bitcoin itself. With the recent events, trust in bitcoin is probably at lower levels than during the NeoBee launch.

How can this be the case? The opening week was filled with horrible MtGox news.

[Darkstone2]

The mtgox news came after the opening of neo&bee. Also the situation with china isn't helping.

I'm not sure why, but looking at reddit the 'bitcoin morale' definitely seems lower than last month.

[NotLambchop]

A) This offering, along with ~95% of bitcoin securities, was aimed at the inexperienced investors.  Headshot.
B) The huge amount of media attention was bought and paid for by NeoBee.  It was not a fluke.  
C) Insulating bitcoin users from market fluctuations was one of NeoBee's selling points.  You're suggesting that it's a failure?

Finally, confidence is flagging because there are no tangible results.  The Ukyo fiasco, which was supposed to showcase Danny's abilities to the bitcoin world, proved that he was capable of grand promises but not much else.
Or something like that.

A) Many posting in this thread, including myself, are inexperienced investors. Also havelock is not exactly the epicenter of experienced investors.. The shares only started to catch on after the IPO was posted on reddit.

C) No, i am not suggesting NeoBee is a failure. I am suggesting that the price of the NeoBee share is somehow related to the trust in bitcoin itself. With the recent events, trust in bitcoin is probably at lower levels than during the NeoBee launch.

A) I'm pointing out that this offering was aimed at hobby investors, you were the target demographic. The colloquialism is "easy mark."

C) But the trust in bitcoin is irrelevant in your case -- your shares are denominated in bitcoin.  If bitcoin price fell to a penny, wouldn't you spend a few bucks to buy up *all the shares on Havelock?*

^If that's not clear, tell me & I'll give it another shot.

[equipoise]

The MtGox news came before and during the opening. The good news is that they made most of the expenses before that during the high price period. If the price was still going up now and it was 3000$ or 5000$ the trolls would say "they made most of the expenses back then when the price was 900-1000$ - idiots. How could they made such a bed decision.".

[NotLambchop]

^You are upset that your dream of selling bitcoin to bankers backfired.
It is not I but you yourself who is responsible for your current predicament, your rage is misdirected.

[Darkstone2]

A) I'm pointing out that this offering was aimed at hobby investors, you were the target demographic. The colloquialism is "easy mark."

C) But the trust in bitcoin is irrelevant in your case -- your shares are denominated in bitcoin.  If bitcoin price fell to a penny, wouldn't you spend a few bucks to buy up *all the shares on Havelock?*

^If that's not clear, tell me & I'll give it another shot.

I thought the 'headshot' thing was being sarcastic.

I don't agree that the trust in bitcoin is irrelevant. If bitcoin dies, NeoBee wil go down as well. If bitcoin goes to the moon, NeoBee will have an high change of success.

The MtGox news came before and during the opening. The good news is that they made most of the expenses before that during the high price period. If the price was still going up now and it was 3000$ or 5000$ the trolls would say "they made most of the expenses back then when the price was 900-1000$ - idiots. How could they made such a bed decision.".

Neo&bee opening: 24 feb. Mt.gox leaked crisis financial draft: 25 feb.

To be fair, there where people arguing that the mtgox draft was in fact 'good news'

[NotLambchop]

...
C) But the trust in bitcoin is irrelevant in your case -- your shares are denominated in bitcoin.  If bitcoin price fell to a penny, wouldn't you spend a few bucks to buy up *all the shares on Havelock?*
...

...
I don't agree that the trust in bitcoin is irrelevant. If bitcoin dies, NeoBee wil go down as well. If bitcoin goes to the moon, NeoBee will have an high change of success.
...

Investing with bitcoin could be rephrased as "divesting from bitcoin."  In other words, you're betting against bitcoin, even in this case.  It's not very intuitive, so try to stick with me:

Imagine that bitcoin confidence fell to the point of ... nothing.  Each bitcoin is worth zero dollars and zero zero cents.
Imagine also that NeoBee has tangible and/or fiat assets -- a nice laptop and a dollar. <==("something")

Question: At what price point (in bitcoin) would it be wise to buy NeoBee shares?
Answer:  At any price point.  The value of NeoBee is (a nice laptop + 1 dollar), while your bitcoins are worth (nothing, zero).  (Something) > (nothing).

Is this any clearer?

[GreenBits]

Has anyone had a successful transfer from LMB to Havelock lately? They don't seem to be too responsive at transfers@lmb-holdings.com atm.

~Green

[Darkstone2]

Investing with bitcoin could be rephrased as "divesting from bitcoin."  In other words, you're betting against bitcoin, even in this case.  It's not very intuitive, so try to stick with me:

Imagine that bitcoin confidence fell to the point of ... nothing.  Each bitcoin is worth zero dollars and zero zero cents.
Imagine also that NeoBee has tangible and/or fiat assets -- a nice laptop and a dollar. <==("something")

Question: At what price point (in bitcoin) would it be wise to buy NeoBee shares?
Answer:  At any price point.  The value of NeoBee is (a nice laptop + 1 dollar), while your bitcoins are worth (nothing, zero).  (Something) > (nothing).

Is this any clearer?

I was thinking the same thing when writting my previous post (except that i exchanges 'a nice laptop and a dollar' with 'NeoBee headquarters'). It seems quite obvious that investing in NeoBee is a bad idea when you except the bitcoin price to drop. (although the value, as measured in bitcoins, per share will rise as the bitcoin price drops).

But that investing in neo&bee is a bad idea when you expect to see the bitcoin price at, say $10000 in 2-5 years does not seem obvious to me.


By the way, i have only invested a small portion ( < 10%) of my bitcoin assets in NeoBee shares.

[NotLambchop]

Last price:  ฿0.00250000
Recordsetting!

[Peter Lambert]

Last price:  ฿0.00250000
Recordsetting!

Not really recordsetting, it went down much lower than that in the past.

[NotLambchop]

You're right.  I should have said "lowest in 4 months."
*I am a bit surprised that NeoBee didn't put up a buy wall. 
With millions of shares left to sell, it seems to be in NB's best interest to keep the price up.
Or why Danny didn't drop a line to bolster his investors' confidence.
Nothing to do but munch popcorn and watch this unfold.

[stompysteve]

Last Price   ฿0.00221000

Ouch....i guess im stuck in it now

[sporket]

Casandra had it easy...



Edit: 

[Peter Lambert]

From the recently updated prospectus:

Public investors currently hold 5,042,638 LMB Holdings shares (31.5164875% of the profits), whilst LMB Subsidiaries Limited (UK) shall hold 10,957,362 shares 68.4835125% of the profits), for a total of 16,000,000 LMB Holdings virtual shares, which represent 100% of the global profits of the LMB Subsidiaries Limited (UK).

The original structure was:

Public investors will hold 9,600,000 LMB Holdings shares (60% of the profits), whilst LMB Subsidiaries Limited (UK) shall hold 6,400,000 shares (40% of the profits), for a total of 16,000,000 LMB Holdings virtual shares, which represent 100% of the global profits of the LMB Subsidiaries Limited (UK).

So it looks like the shares that were not sold were just given to LMB (aka danny and his friends)? Did LMB Subsidiaries put money in to buy these shares?