NEO and BEE talk (unmoderated)

[fr33d0miz3r]

Market cap 291 BTC. Must BEE that Bentley.

ftfy

[NotoriousBIT]

I decided to hold onto mine for some reason.  Who knows, maybe Danny will win the lottery and have a change of heart on how he handled this situation.  Then he'll toss his hundreds of millions of dollars back into a payout for shareholders.

TO THE MOON BABY

[NotLambchop]

Market cap

ftfy

FTFY

[andygough1974]

Just doubled my number of shares by spending 30 bucks equivalent.
To The MOOOON !!!!

[thehun]

Just doubled my number of shares by spending 30 bucks equivalent.
To The MOOOON !!!!

I'd rather spend that amount on a nice dinner...

[fr33d0miz3r]

Here is a typical NeoBee bagholder   (just joke)




I know where Danny is hiding NeoBee's money! The money is in the mattress.




And that's what finally happened to NeoBee:




So, the NeoBee's failure signs were everywhere.

[sporket]

[Lohoris]

They put USD into a NB pay-in account didn't they? That would then take a day or two to process before NB could move it to an exchange to buy the coins? And then the coins need to be transferred into their NB account? This could take 4 days during which the bank may have ceased trading. How else would it work?

They could have reserves in order to pay you now.
Pretty simple, actually.

[mmeijeri]

yeah, don't forget he filed for change of CEO without telling anyone, 3 weeks ago.

Maybe it wasn't a change of CEO, but a change of the CEO's home address, with the new address being in the UK.

[SZZT]

yeah, don't forget he filed for change of CEO without telling anyone, 3 weeks ago.

Link, or more FUD?

[Luttinen]

yeah, don't forget he filed for change of CEO without telling anyone, 3 weeks ago.

Link, or more FUD?

Guy said maybe.

Maybe it wasn't a change of CEO, but a change of .....

You know what they say about maybes if and buts, right?

"If ifs and buts were candy and nuts we'd all have a merry christmas."

[GigaCoin]

@jimmothy

Calm the fuck down and wait for a clear resolution before shitting your pants like that. Freaking idiotic weak hands.

They've started burning through cash before launch, months before. Launch was just public opening. Staff was hired before that. $6 million or 4.378.920 Euros is not that much when you consider all the staff, promotions, lawyers, trading software, lobbying, travel expenses, building renovation, POS terminals and so on.

No, 6 million is a ton of money even with expenses considered.

If they hired an accountant there should be no reason they even came close to bankruptcy. Money doesn't just disappear. It was slowly drained from their wallet until there was nothing.

And what "clear resolution" are we waiting for? CEO and entire company just quit.

i agree $6Million is tons of money

startups usually lucky if they get $500,000

neo bee another scam, glad i never invested i always felt something is wrong with it, it didn't feel right

[SZZT]

@Luttinen

noone said maybe, in the quote i used,
maybe you got confused?

vela said that they filed for ceo change, i asked for link, or it is more of his FUD

[thekekk]

@jimmothy

Calm the fuck down and wait for a clear resolution before shitting your pants like that. Freaking idiotic weak hands.

They've started burning through cash before launch, months before. Launch was just public opening. Staff was hired before that. $6 million or 4.378.920 Euros is not that much when you consider all the staff, promotions, lawyers, trading software, lobbying, travel expenses, building renovation, POS terminals and so on.

No, 6 million is a ton of money even with expenses considered.

If they hired an accountant there should be no reason they even came close to bankruptcy. Money doesn't just disappear. It was slowly drained from their wallet until there was nothing.

And what "clear resolution" are we waiting for? CEO and entire company just quit.

Doesn't really matter if the CEO  has quit the company still belongs to the shareholders, the scary think now is that Havelock is trading shares of  a multimillion company for peanuts. And anyone with 320 btc can take control of the company.


 

[Luttinen]

@jimmothy

Calm the fuck down and wait for a clear resolution before shitting your pants like that. Freaking idiotic weak hands.

They've started burning through cash before launch, months before. Launch was just public opening. Staff was hired before that. $6 million or 4.378.920 Euros is not that much when you consider all the staff, promotions, lawyers, trading software, lobbying, travel expenses, building renovation, POS terminals and so on.

No, 6 million is a ton of money even with expenses considered.

If they hired an accountant there should be no reason they even came close to bankruptcy. Money doesn't just disappear. It was slowly drained from their wallet until there was nothing.

And what "clear resolution" are we waiting for? CEO and entire company just quit.

i agree $6Million is tons of money

startups usually lucky if they get $500,000

This project was ambitious. The brand awareness campaign alone must have cost more than that. There were also costs associated with events, renovating the building, buying equipment, specialized software, web design, lobbying, lawyers, ordering POS terminals, specialized POS software, travel expenses to conventions. Keep in mind George the CTO or COO went to Miami convention not long ago to talk about Neobee (Danny was busy in Cyprus at the time). http://www.coindesk.com/miami-bitcoin-conference-schedule-available/

[BCTCYPRUS]

The big story in Cyprus for 3 months all the people where seeing advertisements saying WHO IS NEO.
 After the unveiling came  we learn that NEO  was the new company that will make all Cypriots  to be members of the BITCOIN community.
Now after only a few weeks all Cyprus is asking WHERE IS NEO,WHERE IS NEO....

[Darkstone2]

Doesn't really matter if the CEO  has quit the company still belongs to the shareholders, the scary think now is that Havelock is trading shares of  a multimillion company for peanuts. And anyone with 320 btc can take control of the company.


 

the shares have no voting rights + the shares available havelock are less than 50% of the company.

[NotLambchop]

Doesn't really matter if the CEO  has quit the company still belongs to the shareholders, the scary think now is that Havelock is trading shares of  a multimillion company for peanuts. And anyone with 320 btc can take control of the company.


 

the shares have no voting rights + the shares available havelock are less than 50% of the company.

Not only that, but the company doesn't belong to the shareholders and never did.  The shares are shares in *the profits* of Neo, not in the company itself.  Do folks even bother reading before giving away their coin?

On the other hand i do wonder why people assume that NEOBEEQ = NEOBEE.  Assuming that the trading halt was done per Neo's request and was legitimate (which I admit is sorta lulzy), the shares known as NEOBEEQ have nothing to do with NEOBEE, unless Danny has authorised this tradefest.

[Luttinen]

@Luttinen

noone said maybe, in the quote i used,
maybe you got confused?

vela said that they filed for ceo change, i asked for link, or it is more of his FUD

Dude https://bitcointalk.org/index.php?topic=553869.msg6081611#msg6081611

You were talking to this guy, were you not?

[thekekk]

Doesn't really matter if the CEO  has quit the company still belongs to the shareholders, the scary think now is that Havelock is trading shares of  a multimillion company for peanuts. And anyone with 320 btc can take control of the company.


 

the shares have no voting rights + the shares available havelock are less than 50% of the company.

Not only that, but the company doesn't belong to the shareholders and never did.  The shares are shares in *the profits* of Neo, not in the company itself.  Do folks even bother reading before giving away their coin?

On the other hand i do wonder why people assume that NEOBEEQ = NEOBEE.

Neo and bee shareholder is LMB Holdings, people pay for LMB Holdings shares.

"shares" are representative of ownership in one company. Laws cannot change by rules

They probably add the Q to avoid lawsuits