Neo & Bee talk (spam free thread)

[Kenta]

Mr. Brewster's fiancée is British living temporary in Cyprus,not Cypriot.

Thanks for the clarification!

I understand that the details of his personal life are not relevant in general.  However, since he is not Cypriot himself (and does not speak Greek), it would have been relevant to know whether he chose Cyprus because it provided the best market/environment for Neo & Bee, or for purely personal reasons.

For how long had he been living in Cyprus before he launched the N&B project?

Cyprus is a good choice of location to start a company in Europe because of only 10% tax on company income

[thekekk]

Mr. Brewster's fiancée is British living temporary in Cyprus,not Cypriot.

Thanks for the clarification!

I understand that the details of his personal life are not relevant in general.  However, since he is not Cypriot himself (and does not speak Greek), it would have been relevant to know whether he chose Cyprus because it provided the best market/environment for Neo & Bee, or for purely personal reasons.

For how long had he been living in Cyprus before he launched the N&B project?

Cyprus is a good choice of location to start a company in Europe because of only 10% tax on company income

12.5% after Troika but still very low

[NotLambchop]

Someones put in a buy order for 600k+ shares. You think he knows something we don't? That's a huge gamble if he doesn't.

FUN!

[JorgeStolfi]

Someones put in a buy order for 600k+ shares. You think he knows something we don't? That's a huge gamble if he doesn't.

If the company goes bankrupt, its assets (including any remaining BTC, by logic) will be sold, and the money thus collected will be used to pay debts and the fees of bankruptcy lawyers and executors.

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

In that case, the buy/sell price posted by a trader shoud reflect his expectation about the amount of money that may be distributed to investors.  Insiders obviously have an advantage there.

The CEO of a failing bitcoin enterprise may be tempted to take any remaining bitcoins for himself, since they are "virtual" and their accounting is more easily faked. Hopefully the bankruptcy executors/courts will be smart enough to prevent that.

(The "standard script" for failing bitcoin enterprises calls for a "hacker" supposedly stealing a good part of the bitcoins.  But that act has already been played out in this case, yes?)


 

[mikemikemike]

Someones put in a buy order for 600k+ shares. You think he knows something we don't? That's a huge gamble if he doesn't.

If the company goes bankrupt, its assets (including any remaining BTC, by logic) will be sold, and the money thus collected will be used to pay debts and the fees of bankruptcy lawyers and executors.

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

In that case, the buy/sell price posted by a trader shoud reflect his expectation about the amount of money that may be distributed to investors.  Insiders obviously have an advantage there.

The CEO of a failing bitcoin enterprise may be tempted to take any remaining bitcoins for himself, since they are "virtual" and their accounting is more easily faked. Hopefully the bankruptcy executors/courts will be smart enough to prevent that.

(The "standard script" for failing bitcoin enterprises calls for a "hacker" supposedly stealing a good part of the bitcoins.  But that act has already been played out in this case, yes?)

 

Either that or they have found a buyer. I'm not an investor, but this is fucking interesting. That sort of order, especially as its getting eaten into, means someone has allot of faith in the future of neobee. Either that or they have $90,000 to throw away.

[Lohoris]

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

Only, keep in mind that – unless I'm mistaken – NEOBEE "shares" aren't real company shares, are just "shares on future profits", which makes them exactly worthless.

[Luttinen]

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

Only, keep in mind that – unless I'm mistaken – NEOBEE "shares" aren't real company shares, are just "shares on future profits", which makes them exactly worthless.

Corporate bonds should be worthless by your definition. The Neobee shares listed on Havelock entitle the owner to 100% of all dividends until 2x the IPO price/share has been paid.

However, if we look at another Bitcoin company that shall not be named here, they've transformed "profit shares" into full company shares recently. Neo shares might follow same model and be converted into full company shares.

[mikemikemike]

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

Only, keep in mind that – unless I'm mistaken – NEOBEE "shares" aren't real company shares, are just "shares on future profits", which makes them exactly worthless.

Corporate bonds should be worthless by your definition. The Neobee shares listed on Havelock entitle the owner to 100% of all dividends until 2x the IPO price/share has been paid.

However, if we look at another Bitcoin company that shall not be named here, they've transformed "profit shares" into full company shares recently. Neo shares might follow same model and be converted into full company shares.

This would make sense, it would give Danny a bit of breathing space.

I'm still going down the buyer route. Someone could buy neobee for a few thousand BTC, an amount that is child's play to allot of early adopters.

Lets see if this wall gets eaten into

[sporket]

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

Only, keep in mind that – unless I'm mistaken – NEOBEE "shares" aren't real company shares, are just "shares on future profits", which makes them exactly worthless.

Corporate bonds should be worthless by your definition. The Neobee shares listed on Havelock entitle the owner to 100% of all dividends until 2x the IPO price/share has been paid.
...

The shares entitle the owner to 100% of nothing.  Even if NeoBee became a successful business, the shareholders would be entitled to nothing if the profits are spent on expenses, like hiring your GF as a consultant.  You, as a non-voting shareholder, would have zero say in that.

Corporate bonds have nothing to do with any of this -- they don't pay dividends, they promise the holder a predetermined, fixed payment.

[btcapples]

583870/583870   ฿0.00031000   ฿180.9997

Enjoy.

[mikemikemike]

Guys. Be careful though. If this wall goes your all fucked.

[Luttinen]

If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?

Only, keep in mind that – unless I'm mistaken – NEOBEE "shares" aren't real company shares, are just "shares on future profits", which makes them exactly worthless.

Corporate bonds should be worthless by your definition. The Neobee shares listed on Havelock entitle the owner to 100% of all dividends until 2x the IPO price/share has been paid.
...

The shares entitle the owner to 100% of nothing.  Even if NeoBee became a successful business, the shareholders would be entitled to nothing if the profits are spent on expenses, like hiring your GF as a consultant.  You, as a non-voting shareholder, would have zero say in that.

Corporate bonds have nothing to do with any of this -- they don't pay dividends, they promise the holder a predetermined, fixed payment.

There will always be shady ways for corrupt company execs to be dodgy if they so wish.

Corporate bonds comes somewhat close to this "profit shares" model even if they promise fixed payment. Just change fixed payment on certain established date to % of dividends.

[velacreations]

so, make a huge buy order to push the price up into your sell orders around .0004-.001, right?

[E f f e c T]

Guys. Be careful though. If this wall goes your all fucked.

+1

Classic pump and dump with one big player controlling the entire market

This isn't going to end well, you're all getting played. Don't be a bagholder

[Luttinen]

Price was going up long before this wall showed up. It tripled from 1 to 3 prior to this wall.

[NanoAkron]

Guys. Be careful though. If this wall goes your all fucked.

+1

Classic pump and dump with one big player controlling the entire market

This isn't going to end well, you're all getting played. Don't be a bagholder

Oh look, a total newbie who's never replied to a NeoBee thread before, who is using the terminology 'bagholder'. Now there's only one other person on these forums who uses that term...

[E f f e c T]

Guys. Be careful though. If this wall goes your all fucked.

+1

Classic pump and dump with one big player controlling the entire market

This isn't going to end well, you're all getting played. Don't be a bagholder

Oh look, a total newbie who's never replied to a NeoBee thread before, who is using the terminology 'bagholder'. Now there's only one other person on these forums who uses that term...

Don't say I didn't warn you.

[NanoAkron]

Don't say I didn't warn you.

So bitcoin.newsfeed, how are things?

[Luttinen]

Don't say I didn't warn you.

So bitcoin.newsfeed, how are things?

Check his posting history. This guy bought dirt cheap Neo shares just days ago.

[E f f e c T]

Don't say I didn't warn you.

So bitcoin.newsfeed, how are things?

You've clearly just brought some shares and are trying to drive up the price.

I have given you honest advice, either take it or leave it.