Topic: [BitFunder] Moving Forward/Resolution Process - page 78. (Read 291897 times)

Interesting Thread. I just see it as tarnishing the reputations of both services now. Only those who love the thrill of gambling will trust bitcoin 'businesses' now.

Would be nice to get my bitcoins back like everyone else.  Pity a good service is now associated with a new service that has yet to prove itself.  Proves to me they do not know how to build reputation. Just seems all to shady to me, to come out with this announcement.

Hello everyone,

I know everyone here is waiting for "the big announcement".

I have been brought in by Jon (Ukyo) to help with the situation. For those who do not know me, I am Danny Brewster of Neo & Bee (https://bitcointalk.org/index.php?topic=289730.0;topicseen) Neo & Bee has agreed to take an active role in ensuring this situation gets resolved.

I have a full understanding of the situation and have agreed to work with Jon to help sort out the problem in the best and quickest manner possible. At this point in time it is no longer possible to be immediately able to pay out all users. Jon has been working to ensure that a process is in place to remedy this situation and to ensure that all users get the bitcoins owed to them. This is the unfortunate reality of the situation. The biggest question is going to be “why or how has this happened?” I will be providing the answer in full, however right now it is impossible for what I would describe as legal reasons, but the answers are coming, that I promise, but cannot give an exact time as to when this information can be made public.

To this end, we would like to ask that everyone continues to be patient while the final preparations are put in place that will allow for users to enable recovery of their funds, the holidays in the United States are not helping with this specific matter in the slightest.

Everyone at Neo & Bee are now involved in this resolution process.

Unlike other situations where an inability to payout bitcoins to users has occurred, Jon has been fully committed to ensuring that payouts will happen. He has not gone into hiding and continues to try to make himself available to people on IRC on a fairly consistent basis. You have trusted Jon with your bitcoins and as of right now, you are being told that there is no immediate solution. At this point, Jon has two options: first he can continue to work with the community to ensure that the issue is resolved properly, or he can throw his hands up and simply say "sorry, there’s nothing I can do". I prefer option one as I think many of you will as well, so that is why I am throwing myself and my team behind this effort to ensure solutions are implemented and successful.

I know both myself and Jon would like to be able to post everything out in the open to give a full explanation about everything that has brought everyone into this position and what is currently going on to resolve this issue. I understand that this is not the optimal solution for any one person, however we believe that it is the best solution for everyone.

You can have my word that everything conceivably possible, to resolve these problems are being done to the best of our abilities.

I would like to thank you for your understanding and cooperation so far and we look forward to having this situation resolved as soon as possible.

What is your role in NeoBee and bitfunder?

What is your role in NeoBee and bitfunder?

As posted on another thread, to my knowledge this is not the case.

I don't know precisely how Neo will be helping Ukyo but I certainly can't see it being based on selling stock today on Havelock. I think that'd be possible to spot and would make no sense; there's also virtually no liquidity.

Neo's price is hurting because of the Bitcoin price. Neo's actual operation is going great guns but dividends aren't payable for quite some time.

Yeah yeah, as if anybody would be atall concerned about the exposure getting involved with Ukyo creates. Yeah you are right, no one will be botherd.

Get real you fool. Now it's you who are under-estimating (the N&B) shareholders intelligence. Do you often contradict yourself from one thread to the other to suit your own ends? Looks like it.

Lack of confidence in the exchange is a more likely reason for the price drop in N&B shares.

Too bad they did it at the expense of shareholders. Ukyo has crashed the NB share price.

1-Ukyo gambled all the funds on failed stocks

Think it's pretty obvious what's happening here. Neo&Bee was looking to setup their own security exchange. They've said so a number of times, that it was part of their future plans.

They now found a way to secure that exchange and infrastructure for a bargain price most likely.

How are you coming to that conclusion? Additional people and resources are being devoted to ensuring people get their funds back. You can bash Ukyo all you want, but I don't think you can say it's become less likely that funds will be repaid.

It looks like Ukyo is less likely to pay by the day.

People.. If you actually checked the "Add funds"-page you would see this message:

No it doesn't... mtgox has bank troubles, BTC can be transferred anytime.

People.. If you actually checked the "Add funds"-page you would see this message:

Seems like they should do this at an absolute minimum. Seriously, it would take minutes to just disable deposits or put up a message. Accepting deposits without any warnings or disclaimers given the current state of things is criminal.

Direct BTC Transfer

NOTE: At this time we ask that no users deposit additional bitcoins to the current WeExchange wallet.

I think this is somehow positive but REALLY why is there no warnings in the Weex website? again, it takes 5 minutes to sort this one out.
Unless of course, getting more money in is part of the solution.