I would like to rescind my negativity from earlier this week. Great presentation. Crowd loved it too. I can't wait for the merchant announcement and grand opening on the 24th. It also looks like Euro pegged accounts are taking a back seat for now, so if anyone had any concerns about that, that should be alleviating.
The first time-locked accounts would start around February 24th and last 3 months (May 24th). Those profits would apply to the 2nd quarter. So unless something else is going on behind the scenes, I foresee a small dividend (miniscule) for 1st quarter and a large one for 2nd quarter and an even larger one for 3rd quarter once word gets around that people are making good interest.
Since Neo is spreading out into MANY sectors, such as buying a financial institution, and R&Ding BTMS, many of the would be profits are being reinvested into the infrastructure, which is fine by me. I would like to see an updated prospectus however. The further the price of bitcoin goes up, the further the valuation of Neo needs to trend. I'm not a financial analyst, but it seems that Neo should want to get the .0035XBT/share dividend monkey off its back ASAP.
How long do you foresee the process of getting the license to allow Neo to underwrite to take?
Again, the presentation was a breath of fresh air for anyone looking to legitimize bitcoin and take it to the next level.