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NanoAkron
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April 03, 2014, 10:19:31 PM |
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I don't like this at all... We could face a reality worst then what we've been told. How bed could it be?
Why should we trust what Ukyo has to say? |
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No Gods or Kings. Only Bitcoin
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velacreations
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April 03, 2014, 10:23:00 PM |
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Why should we trust what Ukyo has to say?
+1 Sorry, but Ukyo is not a credible source of information. If he talked with people, etc, then he needs to provide evidence. His word is shit. Also, since he's keen on talking, someone ask him when he's going to give people's coins back. |
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Luttinen
Newbie
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Activity: 14
Merit: 0
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April 03, 2014, 10:42:06 PM |
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@bobbyremone
Easy tiger. Give the guy at week at least to sort things out.
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Stuartuk
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April 03, 2014, 10:44:07 PM |
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You are a disgrace, a coward, and a liar.
And Ukyo is great, a star and Karpeles - what a dude! Take a step back bobby, Danny is a victim here too, who stole the coins? Him or Ukyo? Danny put millions of his own money into NeoBee and has probably lost a lot of it. All because of Karpeles and Ukyo. Period. |
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velacreations
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April 03, 2014, 10:53:42 PM |
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Danny put millions of his own money into NeoBee and has probably lost a lot of it. All because of Karpeles and Ukyo. Period.
that's bullshit. If it's true that N&B is out of money, that responsibility falls on Danny, and no one else. He's the one that mismanaged funds and ran out of money one month into the operation. He stored his own money on Gox, not N&B's (according to him). He bailed out N&B from BF (according to him). If N&B is out of money, you can't blame anyone but Danny. |
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NotLambchop
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April 03, 2014, 10:53:51 PM |
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Lol, Ohither Stuartuk, dropping by to shill for Danny instead of Ken? Or do they share you?
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velacreations
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April 03, 2014, 10:58:10 PM |
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@Luttinen Whatever he sorts out all of us lose at this point.
I wouldn't mind losing if he wasn't fleeing like a coward and making excuses, if he actually stuck to and said "Guys, I fucked up, here are the numbers and here are my plans to fix things", but instead he acted in secrecy, witheld information, pretended everything was fine while people continued to pile their money into NeoBee, and then he bailed. Literally Goxy.
Exactly, Danny has hid the entire situation from us, he deserves no respect from shareholders. He has had ample time to come clean, but instead, he went with the bullshit announcement that there's no money and it's all the fault of some reddit troll. He filed to change CEO on the 14th, folks. That's 3 weeks ago. So, no, he doesn't get any more time to "sort things out". He needs to explain why trading has stopped and where the money is. Without that explanation, we're forced to assume he took it. What other explanation is there for him going quiet and out of money 1 month into the operation? |
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Stuartuk
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April 03, 2014, 11:04:34 PM |
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that's bullshit. If it's true that N&B is out of money, that responsibility falls on Danny, and no one else.
He stored his own money on Gox, not N&B's (according to him).
If N&B is out of money, you can't blame anyone but Danny.
Bullshit? How dare you? Didn't he say if he had his funds from Gox he would have put them into the company running costs? I mean he used his own funds to set up the company in the first place you fool. N+B are out of funds because of Ukyo and Karpeles. If these two hadn't been the criminals they actually are N+B would be fine. Danny is not the criminal here, you are not seeing sense atall. |
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velacreations
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April 03, 2014, 11:12:35 PM |
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Bullshit? How dare you?
Didn't he say if he had his funds from Gox he would have put them into the company running costs? I mean he used his own funds to set up the company in the first place you fool. N+B are out of funds because of Ukyo and Karpeles. If these two hadn't been the criminals they actually are N+B would be fine. Danny is not the criminal here, you are not seeing sense atall.
Yeah, Bullshit. Smelly, sticky, ripe bullshit. He did not use his own funds, he used OUR funds, to the tune of 10K btc or more. IF N&B are out of funds, it's because Danny mismanaged the enormous war chest they had. He personally lost ~400 to Gox and ~1500 to BF. Those were his PERSONAL FUNDS. Where is the company money? Where's the 10K btc he raised from us? You can't blame that on Gox and Ukyo. That's all Danny. |
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velacreations
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April 03, 2014, 11:15:19 PM |
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so, you're saying that N&B ran out of money 1 month after opening because of Karpeles?
I had no idea Mark was running N&B....
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Stuartuk
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April 03, 2014, 11:20:33 PM |
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I would love to discuss this with you but you are an obnoxious fool so wont bother: 'Every single bitcoin raised and spent is accounted for, any claims of embezzlement are nothing but empty claims with no foundation,” he said. However, Brewster admitted the loss of bitcoins due to the closure of BitFunder/WeExchange, but he pointed out that he personally assumed that debt of 1,402BTC in order to protect the company'. http://www.coindesk.com/neo-bee-ceo-moves-reassure-investors-following-insolvency-confusion/ |
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velacreations
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April 03, 2014, 11:26:21 PM |
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'Every single bitcoin raised and spent is accounted for, any claims of embezzlement are nothing but empty claims with no foundation,” he said. he didn't say it the shareholders, and he provided no evidence to support that statement. Still embezzlement and mismanagement are not the same thing, but they are both the fault of Danny. However, Brewster admitted the loss of bitcoins due to the closure of BitFunder/WeExchange, but he pointed out that he personally assumed that debt of 1,402BTC in order to protect the company'.
exactly, so the company didn't lose that money, they got covered by Danny (which happened several months ago, btw). He additionally said, on this forum, that no N&B funds were stored on Mt Gox. So, no N&B funds were lost to Ukyo, and none were lost to Gox. How the hell do you make the claim that it is THEIR fault if Danny mismanaged over 10K btc? Where is the money? Where are the financial reports? |
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btcapples
Newbie
Offline
Activity: 56
Merit: 0
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April 03, 2014, 11:30:21 PM |
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Bullshit? How dare you?
Didn't he say if he had his funds from Gox he would have put them into the company running costs? I mean he used his own funds to set up the company in the first place you fool. N+B are out of funds because of Ukyo and Karpeles. If these two hadn't been the criminals they actually are N+B would be fine. Danny is not the criminal here, you are not seeing sense atall.
Yeah, Bullshit. Smelly, sticky, ripe bullshit. He did not use his own funds, he used OUR funds, to the tune of 10K btc or more. IF N&B are out of funds, it's because Danny mismanaged the enormous war chest they had. He personally lost ~400 to Gox and ~1500 to BF. Those were his PERSONAL FUNDS. Where is the company money? Where's the 10K btc he raised from us? You can't blame that on Gox and Ukyo. That's all Danny. Stop acting like a fool, they didn't raise anywhere near 10k BTC, learn the difference between a market cap and operational funds. |
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Luttinen
Newbie
Offline
Activity: 14
Merit: 0
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April 03, 2014, 11:35:56 PM |
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People here don't realize how expensive some things are. Do you think lobbying, lawyers, specialized software and such comes cheap - this aside from promotional campaigns and such.
It's pretty clear Danny could have used company funds more wisely and reserve more cash for rainy days but MtGox demise just at the opening took him by surprise, since he was planning to use some of that to finance ongoing operations.
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velacreations
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April 03, 2014, 11:37:52 PM |
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People here don't realize how expensive some things are. Do you think lobbying, lawyers, specialized software and such comes cheap - this aside from promotional campaigns and such.
No one knows how much that cost us, because we don't have any financial information to go by. |
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btcapples
Newbie
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Activity: 56
Merit: 0
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April 03, 2014, 11:44:25 PM |
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It wouldn't matter if no financial information comes out because you made no effort to do ANY research regardless.
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velacreations
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April 03, 2014, 11:51:52 PM |
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Stop acting like a fool, they didn't raise anywhere near 10k BTC, learn the difference between a market cap and operational funds.
How do you know that? They sold about 3.5M shares at .003 = 10,500 btc. And there's like 500,000 @ .0025, and then whatever they got from the PreIPO, which, I think, was around 500 BTC or so. That's at least 12K btc. Danny said in Jan that they hadn't cashed any of that in, yet. So, we have to assume they went through close to 12K btc in 2-3 months? |
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Luttinen
Newbie
Offline
Activity: 14
Merit: 0
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April 04, 2014, 12:26:38 AM |
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that's bullshit. If it's true that N&B is out of money, that responsibility falls on Danny, and no one else.
He stored his own money on Gox, not N&B's (according to him).
If N&B is out of money, you can't blame anyone but Danny.
Bullshit? How dare you? Didn't he say if he had his funds from Gox he would have put them into the company running costs? I mean he used his own funds to set up the company in the first place you fool. N+B are out of funds because of Ukyo and Karpeles. If these two hadn't been the criminals they actually are N+B would be fine. Danny is not the criminal here, you are not seeing sense atall. +1 One of the few who sees things clearly and has the guts to call out BS. |
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bitcoinbboyce
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April 04, 2014, 12:36:00 AM |
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Danny said in an interview with the Cyprus Mail that he put in €6 million euros of his own money to Neo&Bee... that plus the thousands of BTC raised how the hell are they getting into liquidity problems before even opening.
In the prospectus Danny mentioned he had a background in banking and finance, I have found that Danny has been a company director of 3 different companies but none seem to be associated with banking.
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