Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 20. (Read 658777 times)

https://1-media-cdn.foolz.us/ffuuka/board/vp/image/1370/63/1370631001452.jpg

So it seems they've suspended NEOBEE trading on Havelock...

https://www.havelockinvestments.com/order.php?symbol=NEOBEE

http://cdn0.sbnation.com/assets/3282715/MlNOwGW.gif

Got this message on Havelock when clicking "buy/sell" on Neobee: "Trading on the open market is not currently available for this asset"

Heads up!


*whoops, update:


@thekekk:  Kindly put a bid @.0019999, because promised.

thekekk shown to be all talk:

I don't see the 0.1 number nowhere

Assuming you think i'm lying,

http://s27.postimg.org/rawpdfxy9/shherp.png

I took the liberty of translating the first half of the NEO interview on 60 minutes on Sigma. The second half is more or less a debate over Bitcoin itself. Sorrz for translation errors!
https://www.youtube.com/watch?v=yYnrWN-_En4&feature=youtu.be

I just sold 5 million at 0.1

Good for you, but if you also got out you must have also seen some kind of red flag.

I sold 30k shares at 0.0024, I have no risk, I have claimed my profits and I am onto the next venture.

Not because of that, but because I don't think it's professional to advertise that they're eager to expand internationally and to assist people interested in doing so and then not even bothering to reply to these people after taking the effort of writing an introductory message. To me that's a perfect example of all spin and no substance.

But hey, as I said, that's just my opinion and I do hope you will make a nice return. For me, the risk is just too high.

Im shallow but you're the one that criticizes a business because they wanted nothing to do with you.

Well, in that case, if Danny is as shallow as yourself and considers an avatar in a forum as a reason enough to disregard someone without reading a bit through my history or my reputation, I'm even more glad I got out.

Probably because the guy who pitched it to them has an avatar of the Trololo guy on his bitcointalk.org account.

I would've disregarded the e-mail as well.

How exactly do you know the business proposition was unrealistic?

(I'm not even going to reply to your stupid Toyota comparison)

Thehun:

So you lost faith because they didn't reply to an email you sent them about a totally unrealistic business proposition?

How terrible of them...

I'll make sure to sell my car if Toyota refuses to reply to an email I send them...

They can still survive provided that they get a few customers. Because then they could cook the numbers to make them look not as bad, blame the Cypriot government or the people or MtGox or anybody else for that matter (except themselves of course) for the lackluster performance, then ask for more investment to help them expand, take on additional projects, etc.

The interesting thing for me is, what happens if they don't get ANY customers? Because, being Greek myself, I can't for the life of me see many Greeks signing on to this. It's a big part of the reason I'm following this thread. I'm curious to see if they can pull this off. I don't think they can. It could be, though, that it's not the Greeks that they have in mind, but rather the foreigners (Russians, Brits, and others) whose capital is now stuck on the island and would rather get it out. If they can get some of those guys, then they might be able to get out of this (by spinning the numbers, making more promises, etc.).

I have until recently been a supporter, but I just finished selling all my shares at this moment. The reason? Beyond trolls, critics and fanboys, whose opinions I have been reading and carefully taking with a grain of salt, I have had a negative personal experience which has made me get out of this venture.

So here is the story: I really liked (and still like) the idea behind Neo. Bringing the world of Bitcoin to the masses beyond tecchie nerds like most of us is a dream, and Neo's plan seemed quite sound (even though they lacked some financial planning) and feasible. All the way up to the IPO communication has been great from both Danny and the PR guy, and there was one part of the press communicate after the IPO which really caught my attention:


Coincidentally, I was about to move to Argentina, a country with shares many similarities with Cyprus (recent bail-in, distrust in the banking system, stringent capital controls, etc), with the idea of starting some kind of business and I thought I had seen the light (as I have some relevant experience and many contacts in the country). Immediately I got in touch with Danny and also the NEO-PR guy introducing myself thinking that at least they would get back to me even if it was to say "sorry, not interested in that market" or "we already have someone". Now, 3 weeks have passed since I wrote to them and I haven't heard back a single word. Nothing, nada, nichts.

So, if this is the interest they show in "expanding the business" (added of course to the general recent lack of communication), I don't want to take part in the venture any longer. I sincerely do hope that investors who decided to stay will succeed and make a nice profit, but for me the game is over with a 20% loss.

im sorry to break the bad news to everyone but neobee is dead. they arn't/can't make any money. they will have increasing costs and with the price of bitcoin probably continuing to fall over the next month or two, there not gonna survive. and thats on the assumption that the cypriot government doesn't just close them down. it was a great idea, and a nice flashy branch and opening, but its a year or two too early for this, it hasn't been thought out fully and now all the investors who put money into danny's "project" are going to lose a huge amount of money