Luttinen
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Activity: 14
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April 03, 2014, 05:32:44 PM |
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... You can't issue complaint against someone if you don't know who they are.
-Hello, 911? Someone broke into my house. Who was it Sir?-I ... I'm not sure bu... SIR! Unless you know who the thief was, there's nothing we can do. Please hang up.-Can't you take a report or a... *click* beeeeeeep*BTW, you can't hide stupid. Herp. Police can investigate but they can't go after someone who they don't know. Police will certainly investigate any request but that's pretty much it. If you want to take action against someone and file a complaint you have to know identity of that someone. Are you paranoid? Not everyone with new account is Herp. What have you been smoking? I wonder why would you think that? Is this something you would do? |
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velacreations
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April 03, 2014, 05:38:06 PM |
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I think if he had gone to the police, they would have said an investigation has been opened. They wouldn't have denied that any complaints have been made.
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NotLambchop
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April 03, 2014, 05:38:20 PM |
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...
Are you paranoid? Not everyone with new account is Herp. ...
No, but your particular blend of herp and derrp is unmistakable. Why would a kind and merciful god troll the world with more than one of you? <==proof  *Before the police can investigate, a report has to be made. None was. |
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Luttinen
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Activity: 14
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April 03, 2014, 05:44:57 PM |
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I think if he had gone to the police, they would have said an investigation has been opened. They wouldn't have denied that any complaints have been made.
As I was saying, he might have talked to UK police since he can't even speak Greek and he's UK citizen. If he did reach out to police in Cyprus and asked them for their advice there won't be any records about filled complaints. Casual police desk clerk in a big city like Nicossia doesn't know the history of all calls. Someone just checked a complaint database that didn't show any legal complaints. |
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velacreations
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April 03, 2014, 05:52:34 PM |
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As I was saying, he might have talked to UK police since he can't even speak Greek and he's UK citizen. Why not go to the US police, or the Russian police, then? I mean, if we're just throwing out hypotheticals, he should have gone directly to the NSA, they can identify people better than a local cop. Someone just checked a complaint database that didn't show any legal complaints.
source? |
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IamNotSure
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April 03, 2014, 05:57:12 PM |
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Is this the Stockholm Syndrome thread ?
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NotLambchop
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April 03, 2014, 06:03:18 PM |
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@velacreations re. source: |
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mgio
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April 03, 2014, 06:33:43 PM |
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Is there any chance Neo&Bee can recover from this?
It doesn't look very good to me:
- TAT suddenly quit
- The CEO quit, possibly due to threats his family received, but maybe not. It really doesn't matter to me. The fact of the matter is that he is gone and selling off his equity in the company.
- They are out of cash. They presumably have assets but no liquid cash with which to pay their employees.
- People expect banks to be stable. No one is going to want to put their life savings in a bank that has had a scandal like this.
If they can't find an investor very soon, I think they should try and liquidate their assets. Maybe someone else will pick up their brand and continue with their original mission. They should use the money received to pay back their investors (us).
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bite111
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April 03, 2014, 06:37:42 PM
Last edit: April 19, 2014, 09:47:02 AM by bite111 |
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With the confusion aggravating the fate of this company and its activities , questions arise about whether it still operates normally.
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velacreations
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April 03, 2014, 06:41:02 PM |
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Apparently, Danny has submitted a change of CEO: https://bitcointalk.org/index.php?topic=553869.msg6053935#msg6053935I have no idea if this means an investor has been found. We don't know the cash situation. Seeing as no financial reports have been provided, it's hard to know what they do or don't have. They may have lots of BTC, but no local currency, or maybe they don't have anything. |
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KS
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April 03, 2014, 06:42:04 PM |
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@mgio: sell the branch and lease to the new owner. Not a good long term strategy, but maybe they'd buy enough time to actually start the business (unless D. is taking all the money making projects with him)
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bitcoin.newsfeed
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April 03, 2014, 06:47:50 PM
Last edit: April 03, 2014, 07:05:29 PM by bitcoin.newsfeed |
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@mgio: sell the branch and lease to the new owner. Not a good long term strategy, but maybe they'd buy enough time to actually start the business (unless D. is taking all the money making projects with him)
They're under lease(I remember that I read somewhere that their rent is paid with BTC), so when Neo doesn't pay rent anymore, the owner of the building will kick them out soon. So it seems like they cant sell the branch. They can sell equipment, but these shares are non-equity profit shares. So they have no rights for liquidation funds. Bitcoin community is screwed ... again. And again. And again ... EDIT : That post under mine ... damn ... the media will eat this failure like a desert. I doubt that any new potential Bitcoiner from Cyprus will be buying into BTC soon. It's horrible what he did. The whole credibility of Bitcoin is destroyed on that island. |
... Question Everything, Believe Nothing ...
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bite111
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April 03, 2014, 06:50:43 PM
Last edit: April 19, 2014, 09:44:24 AM by bite111 |
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Wave of resignations by employees and Mr. Neo disappeared ...
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mgio
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April 03, 2014, 06:51:09 PM |
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@mgio: sell the branch and lease to the new owner. Not a good long term strategy, but maybe they'd buy enough time to actually start the business (unless D. is taking all the money making projects with him)
They're under lease(I remember that I read somewhere that their rent is paid with BTC), so when Neo doesn't pay rent anymore, the owner of the building will kick them out soon. So it seems like they cant sell the branch. They can sell equipment, but these shares are non-equity profit shares. So they have no rights for liquidation funds. Bitcoin community is screwed ... again. And again. And again ... Well, if they were smart, they would buy back their sold shares with the money they make from liquidation if they want to avoid trouble from the SEC. Yes, I know they are not an American company, but they illegally solicited investments from American investors so you can bet the US gov is going to have something to say about it. Particularly if there was fraud involved and it looks probable that there was. |
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velacreations
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April 03, 2014, 07:14:02 PM |
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They're under lease(I remember that I read somewhere that their rent is paid with BTC), so when Neo doesn't pay rent anymore, the owner of the building will kick them out soon.
That's interesting if they are paying rent with BTC. It's entirely possible that they have BTC but not fiat for expenses, which would explain liquidity issues. |
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velacreations
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April 03, 2014, 07:15:56 PM |
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Well, if they were smart, they would buy back their sold shares with the money they make from liquidation if they want to avoid trouble from the SEC. Yes, I know they are not an American company, but they illegally solicited investments from American investors so you can bet the US gov is going to have something to say about it. Particularly if there was fraud involved and it looks probable that there was.
What about European authorities? As far as I know, fraud is illegal there, too. |
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NotLambchop
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April 03, 2014, 07:18:23 PM |
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Well, Cyprus is a bit more hospitable to quality banks...
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velacreations
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April 03, 2014, 07:19:28 PM |
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the media will eat this failure like a desert.
Phase 2 of the rollout campaign: FREE PRESS!!! |
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BitSwe
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April 03, 2014, 07:43:13 PM |
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the media will eat this failure like a desert.
Phase 2 of the rollout campaign: FREE PRESS!!! LOL!  |
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equipoise
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April 03, 2014, 09:58:35 PM |
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<[KS]__> Ukyo: N&B not directly your fault (Danny clearly overspent - typical startup mistake), but the delays in resolving the WeEx issue haven't helped. And still aren't. Say, you'd find his BTC about now, that would make a difference for a bunch of people. No pressure :p
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<Ukyo> i hear there is a lot more to all this than whats been made public so far
<Ukyo> well see what comes out soon enough i think
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<roamfree> Ukyo, you mean more to N&B debacle?
<Ukyo> ya
<Ukyo> talked a bit with the guys who worked there
<roamfree> nothing good eh?
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<Ukyo> doesnt sound like it at all I don't like this at all... We could face a reality worst then what we've been told. How bed could it be? |
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