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Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 130. (Read 658701 times)

legendary
Activity: 1372
Merit: 1003
I have shares on BF and am unsure about what to do with them.

Could any kind soul briefly run through the pros and cons of transferring to Havelock or keeping on BF?

Thankyou.

Basically by keeping them on BF (and making them go to the direct exchange platform) will make you unable, at least while this platform is not fully developed, to trade them. You will own shares, you can "look" at them, but you can not directly trade them - if you want to sell them, you will either need a escrow or trust the buyer/seller (or make him trust you). Remember that this is temporary, but we do not know how long it will take. By transfering them to Havelock your risks are that Havelock also closes its services in the future, which according to them seems to be unlikely since they are "following the rules" and that the stock price in Havelock becomes substantialy different from the stock price in the direct exchange once its on.

How do you get the shares moved to Havelock from Bitfunder?
member
Activity: 109
Merit: 10
Thanks for the update.

It will be a good move if you start releasing the info. about the progress of the business and the announcements mentioned.

As far as the unsold shares are concerned, you know my opinion: they should be cancelled. If you need any more capital, we the existing shareholders can provide it. Thanks to the price movement of BTC you do not need BTC speculators who want to make a quick killing, buying at 0.003 when the announcements are made and selling 2 days later at 0.0035.

You need to trust those who trusted you when you launched your venture.

sr. member
Activity: 378
Merit: 250
I have a question regarding the share-handling fee, sorry in case I overlooked the answer:

What happens if Havelock shuts down and shareholders are forced to move their shares to direct shares (or whatever other solution might have popped up by then) - Will you then charge a handling fee or will this also be a free migration?

In this case I'm sure there will be "free migration period without fee" like always was. Don't worry about that.
sr. member
Activity: 378
Merit: 250
The unsold shares of the IPVO are Danny's, the only thing he must do is remove the huge sell order of the unsold shares.

The unsold shares cant be in Danny ownership after the IPVO. Unless he'll pay 0.003 BTC per each share from personal pocket to NEOBEE ... otherwise you are creating shares out of thin air without backing of BTC ... think about it, unsold shares after IPVO phase are no existing, they must be destroyed on exchanges. Period.

Also little speculation here, its surprising that TAT himself is not buying shares under the IPVO price

Quote
Investor Protection Plan
The initial 9,600,000 LMB Holdings shares have the privilege of getting all profits until a total of 0.0035 bitcoins per share has been paid.

He has a shitload of BTC income from AM Board Member position. So why he isn't investing in company where he is a founder ? If there's guarantee on 0.0035 dividends per share, its like getting free BTCs. Is he believing in NEOBEE success in future? If not he, who should?

On the other hand, good job so far Danny and TAT, good luck on conference ! I know my questions are sometimes not very comfortable, sorry about that.
legendary
Activity: 3108
Merit: 2177
Playgram - The Telegram Casino
I have a question regarding the share-handling fee, sorry in case I overlooked the answer:

What happens if Havelock shuts down and shareholders are forced to move their shares to direct shares (or whatever other solution might have popped up by then) - Will you then charge a handling fee or will this also be a free migration?
newbie
Activity: 38
Merit: 0
Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.
But they don't use Excel spreadsheets...
I am out lol

This doesn't even make sense.
Sarcasm

Yeah, I'm apparently retarded...
Through all the other comments its hard to tell what is sarcasm and what isn't
member
Activity: 80
Merit: 10
The unsold shares of the IPVO are Danny's, the only thing he must do is remove the huge sell order of the unsold shares. I would also be pleased with more information regarding the advancement of the business plan, mainly regarding clients and financials.
sr. member
Activity: 378
Merit: 250
Danny, what you want to do with remaining shares after the IPVO ? It seems to me, that NEOBEE raised enough capital for full plan(multiple branches) thanks to BTC evaluation.

NEOBEE didn't sell a single share for last 2 months. So it makes sense destroy that shares after the IPVO period, also i dont think that its legal to have free IPVO shares listed on exchange without the owner after the IPVO period.

Also

I am happy with the progress so far, never expected it to sell out within 24 hours, it is an extremely large amount of BTC. There will be lots more announcements happening almost every day from now until launch.

We need to raise a minimum of 9500BTC by 30th November we are already in excess of 8500BTC so we are satisfied with current progress, we also have some big announcements to make ...

We have already past the required 9.5k BTC minimum for the IPVO, I also have the fail safe of VC's for extra capital if required, but so far I am more than happy with our progress. I fully expect the announcements on merchants, to create a vast amount of interest in Neo & Bee, unfortunately I cannot just release the news until all parties are ready to do so (I am the most eager to make these announcements, but it takes time).

I will only take the VC route once we have finished making our announcements that we believe will drive investment in NEOBEE. These announcements are not far away and following catching up with several parties today and tomorrow...

We will be making more announcements early next week, with an updated prospectus being made ready for the end of next week. We have much more happening on the ground here and I look forward to releasing that information in the near future.

So I and many investors are waiting for that "big announcements" for more than 2 months here, all what i saw was >

1. something that NEOBEE is using Oracle software
2. NEOBEE have some huge global merchant which will be accepting bee, but we don't know who is it
3. that NEOBEE is the sponsor of conference

2 months...

legendary
Activity: 1218
Merit: 1003
Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.
But they don't use Excel spreadsheets...
I am out lol

This doesn't even make sense.
Sarcasm
newbie
Activity: 38
Merit: 0
Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.
But they don't use Excel spreadsheets...
I am out lol

This doesn't even make sense.
legendary
Activity: 1498
Merit: 1000
Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.
But they don't use Excel spreadsheets...
I am out lol
legendary
Activity: 1442
Merit: 1001
Thanks for sharing this with us, TAT.

NEOBEE is one of the few cryptocurrency related investments that actually takes the time to make simultaneous announcements both on the forums and on Havelock. I realize that the standards in bitcoin investments can be quite low where firms don't regularly disseminate their plans or do so haphazardly without official announcements. I really appreciate bringing this type of professionalism to the community.
hero member
Activity: 518
Merit: 500
Neo & Bee Sponsors Cyprus Investor Show 2014

Neo & Bee are the proud sponsors of the Cyprus Investor Show 2014, this event takes place in December 2013.

We shall have the largest presence at the event out of all the sponsors which also include traditional banks.

This show will introduce institutional investors to Neo & Bee and Bitcoin, we have already been approached to manage crypto-currency portfolios on behalf of several large institutions and this conference will provide a platform for many more investors to get familiar with Bitcoin and Neo & Bee.

Here is an image of the advertisement for the event: http://imgur.com/sjbuTJH
member
Activity: 80
Merit: 10
Please note that the direct-share management system will probably never have the ability to sell shares directly. It's not meant to be an exchange service (that's what exchanges are for). Your post implies it is inevitable, but, to my knowledge, that is not the case.

Ok then I missunderstood that point, thanks for explaining.

Also note that shareholder lists for both Havelock and the direct management system are backed up by TATI and the respective providers, meaning that your registered ownership is always stored by multiple parties, regardless of the host.

That's good. What I wanted to mean is that if Havelock ends its activies someday you will have to transfer shares to some other place.

I'm not sure what your point was about the price, but right now the only price indicators are Havelock and OTC auctions, and there is not enough data from OTC auctions to say whether the Havelock price is substantially different than any other price.

I made this statement based on the (wrong) suposition that the direct share system was an exchange-like system, which could create different prices considering that there would be a different amount of shares being traded in this system and Havelock.
hero member
Activity: 518
Merit: 500
Also note that shareholder lists for both Havelock and the direct management system are backed up by TATI and the respective providers, meaning that your registered ownership is always stored by multiple parties, regardless of the host.

TAT, regards the shareholder list from Havelock, what is in that file in column "share owner"? e-mail address?

E-mail & count are tracked. We are working with Havelock to add a "failsafe" wallet address feature as well (like BTCT had).

Bit of an aside, but Havelock is severely lacking in security features to protect trades and withdrawals. In general, it's just lacking features in fact.

In general, they are a very motivated group. If you have feature requests, share them with Havelock directly.
sr. member
Activity: 364
Merit: 250
Also note that shareholder lists for both Havelock and the direct management system are backed up by TATI and the respective providers, meaning that your registered ownership is always stored by multiple parties, regardless of the host.

TAT, regards the shareholder list from Havelock, what is in that file in column "share owner"? e-mail address?

E-mail & count are tracked. We are working with Havelock to add a "failsafe" wallet address feature as well (like BTCT had).

Bit of an aside, but Havelock is severely lacking in security features to protect trades and withdrawals. In general, it's just lacking features in fact.
hero member
Activity: 518
Merit: 500
Also note that shareholder lists for both Havelock and the direct management system are backed up by TATI and the respective providers, meaning that your registered ownership is always stored by multiple parties, regardless of the host.

TAT, regards the shareholder list from Havelock, what is in that file in column "share owner"? e-mail address?

E-mail & count are tracked. We are working with Havelock to add a "failsafe" wallet address feature as well (like BTCT had).
sr. member
Activity: 378
Merit: 250
Also note that shareholder lists for both Havelock and the direct management system are backed up by TATI and the respective providers, meaning that your registered ownership is always stored by multiple parties, regardless of the host.

TAT, regards the shareholder list from Havelock, what is in that file in column "share owner"? e-mail address?
hero member
Activity: 518
Merit: 500
I have shares on BF and am unsure about what to do with them.

Could any kind soul briefly run through the pros and cons of transferring to Havelock or keeping on BF?

Thankyou.

Basically by keeping them on BF (and making them go to the direct exchange platform) will make you unable, at least while this platform is not fully developed, to trade them. You will own shares, you can "look" at them, but you can not directly trade them - if you want to sell them, you will either need a escrow or trust the buyer/seller (or make him trust you). Remember that this is temporary, but we do not know how long it will take. By transfering them to Havelock your risks are that Havelock also closes its services in the future, which according to them seems to be unlikely since they are "following the rules" and that the stock price in Havelock becomes substantially different from the stock price in the direct exchange once its on.

Please note that the direct-share management system will probably never have the ability to sell shares directly. It's not meant to be an exchange service (that's what exchanges are for). Your post implies it is inevitable, but, to my knowledge, that is not the case.

Also note that shareholder lists for both Havelock and the direct management system are backed up by TATI and the respective providers, meaning that your registered ownership is always stored by multiple parties, regardless of the host.

I'm not sure what your point was about the price, but right now the only price indicators are Havelock and OTC auctions, and there is not enough data from OTC auctions to say whether the Havelock price is substantially different than any other price.

member
Activity: 80
Merit: 10
I have shares on BF and am unsure about what to do with them.

Could any kind soul briefly run through the pros and cons of transferring to Havelock or keeping on BF?

Thankyou.

Basically by keeping them on BF (and making them go to the direct exchange platform) will make you unable, at least while this platform is not fully developed, to trade them. You will own shares, you can "look" at them, but you can not directly trade them - if you want to sell them, you will either need a escrow or trust the buyer/seller (or make him trust you). Remember that this is temporary, but we do not know how long it will take. By transfering them to Havelock your risks are that Havelock also closes its services in the future, which according to them seems to be unlikely since they are "following the rules" and that the stock price in Havelock becomes substantialy different from the stock price in the direct exchange once its on.
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