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Topic: Neo & Bee talk (spam free thread) - page 11. (Read 261793 times)

vip
Activity: 756
Merit: 503
newbie
Activity: 56
Merit: 0
May 07, 2014, 10:51:01 AM
Are the shares still able to be xfered between accounts @ havelock ?

No delisted from Haveloch, all gone.... Sad

No, they aren't. We still have the shares, they appear in our list of owned shares with the "P" (private) symbol, and we can transfer them to other people's accounts.

Are COG shareholders enjoying the same privileges?  Also, didn't NEOBEE distribute some baksheesh (branded pens, mouse pads, Danny PEZ dispensers - that sort of stuff)?
legendary
Activity: 1050
Merit: 1009
May 07, 2014, 09:40:28 AM
Are the shares still able to be xfered between accounts @ havelock ?

No delisted from Haveloch, all gone.... Sad

No, they aren't. We still have the shares, they appear in our list of owned shares with the "P" (private) symbol, and we can transfer them to other people's accounts.

Ah ok, i haven't seen it..
newbie
Activity: 56
Merit: 0
May 07, 2014, 09:26:49 AM
Are the shares still able to be xfered between accounts @ havelock ?

No delisted from Haveloch, all gone.... Sad

No, they aren't. We still have the shares, they appear in our list of owned shares with the "P" (private) symbol, and we can transfer them to other people's accounts.
legendary
Activity: 1050
Merit: 1009
May 07, 2014, 08:47:42 AM
Are the shares still able to be xfered between accounts @ havelock ?

No delisted from Haveloch, all gone.... Sad
hero member
Activity: 656
Merit: 500
May 07, 2014, 03:51:11 AM
Are the shares still able to be xfered between accounts @ havelock ?
legendary
Activity: 2100
Merit: 1040
A Great Time to Start Something!
May 07, 2014, 03:13:24 AM
Also the shares no longer trade:
Time to find Danny and toss him in jail.
Some Silk road sellers were heavily targeted by the authorities, unfortunately many scammers seem to just disappear.
newbie
Activity: 22
Merit: 0
May 07, 2014, 02:19:59 AM
Replacement of what?

Buyer of what?

Everything vanished.

No CEO, no management, no employees, no product, no revenue, no customers, no software.

legendary
Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
May 07, 2014, 01:14:37 AM
So no new updates or talks about a replacement for the company still or a person who will buy it?
member
Activity: 112
Merit: 10
May 06, 2014, 05:37:36 PM
What happens now to Neo & Bee, legally?  I understand that, in some jurisdictions, the creditors can start the legal liquidation of the company and the distribution of its assets, even if the CEO is in Shangri-La and the employees have all quit their jobs.  Is that happening in Cyprus?



Not sure about Cyprus, but here the creditors can apply for court-ordered liquidation as long as there is both legal (balance sheet) insolvency as well as commercial insolvency.

Quote
Investors are people who buy equity in a company.

Creditors are people who loan money or goods to a company and thus create liabilities for the company.

Creditors expect and have a legal right to be paid what they loan, including interest.

Investors have no guarantee they will ever see their money again.

When a company is liquidated, creditors have priority over investors in sharing in the proceeds.


Just in case anyone was wondering Wink

Ah yes - Jorge and I were talking about creditors forcing their hand, not investors:) I think it's safe to say that there are plenty of creditors left (not least of which are employees who are owed salaries who, in most places, become preferred creditors in the wake of insolvency) who have a marked interest in forcing this matter and possibly, maybe, creating some residue for the bag-holders.

Its 100% clear that you guys are referring to creditors. I just made the distinction clear to our novice friends (like me) and also the point that if you are an investor you take the risk (which in my book is both correct and fair). 

On the NEO front though, the interesting thing now is how many creditors have moved forward (to ask their money).   I for sure hope that the staff at least did.     
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
May 06, 2014, 06:38:57 AM
What happens now to Neo & Bee, legally?  I understand that, in some jurisdictions, the creditors can start the legal liquidation of the company and the distribution of its assets, even if the CEO is in Shangri-La and the employees have all quit their jobs.  Is that happening in Cyprus?



Not sure about Cyprus, but here the creditors can apply for court-ordered liquidation as long as there is both legal (balance sheet) insolvency as well as commercial insolvency.

Quote
Investors are people who buy equity in a company.

Creditors are people who loan money or goods to a company and thus create liabilities for the company.

Creditors expect and have a legal right to be paid what they loan, including interest.

Investors have no guarantee they will ever see their money again.

When a company is liquidated, creditors have priority over investors in sharing in the proceeds.


Just in case anyone was wondering Wink

Ah yes - Jorge and I were talking about creditors forcing their hand, not investors:) I think it's safe to say that there are plenty of creditors left (not least of which are employees who are owed salaries who, in most places, become preferred creditors in the wake of insolvency) who have a marked interest in forcing this matter and possibly, maybe, creating some residue for the bag-holders.
legendary
Activity: 2100
Merit: 1040
A Great Time to Start Something!
May 06, 2014, 01:34:09 AM
^Someone mentioned that the girl lived with her mom, not with Danny. 

I came THIS close to doxxing Danny just now but I couldn't bring myself to do it.

I'll wait a bit more.


Are you claiming to know where he is hiding?
What are you waiting for?
hero member
Activity: 910
Merit: 1003
May 06, 2014, 12:20:14 AM
The "google investigation" on Mr. Brewster's background seems to indicate that Neo & Bee was not merely a well-meaning project that failed due to inadequate planning and lack of financial competence.  Angry
newbie
Activity: 56
Merit: 0
May 06, 2014, 12:09:19 AM
^Someone mentioned that the girl lived with her mom, not with Danny. 

I came THIS close to doxxing Danny just now but I couldn't bring myself to do it.

I'll wait a bit more.
hero member
Activity: 910
Merit: 1003
May 05, 2014, 10:05:33 PM
Quote
Investors are people who buy equity in a company.
Creditors are people who loan money or goods to a company and thus create liabilities for the company.
Creditors expect and have a legal right to be paid what they loan, including interest.
Investors have no guarantee they will ever see their money again.
When a company is liquidated, creditors have priority over investors in sharing in the proceeds.

Just in case anyone was wondering Wink
Yes, I am aware of that.

Also I believe that the N&B shares were not equity (a piece of the company, possibly worth something if it is liquidated) but profit-only "shares" (thus worth zero if the company is liquidated), correct? Or I am mixing up with some other failed business?

If that is correct, I suppose that any assets remaining from the liquidation, after paying the real creditors, will go to the company owner -- namely, Mr. Brewster.  Tongue
sr. member
Activity: 280
Merit: 250
May 05, 2014, 08:06:57 PM
^Someone mentioned that the girl lived with her mom, not with Danny. 
legendary
Activity: 2100
Merit: 1040
A Great Time to Start Something!
May 05, 2014, 07:51:55 PM
The guy abandoned his daughter to save his skin, truly he is a walking pile of trash.

That is horrible: Is her mother in Cyprus?
legendary
Activity: 1025
Merit: 1000
May 05, 2014, 06:23:22 PM
The guy abandoned his daughter to save his skin, truly he is a walking pile of trash.
member
Activity: 112
Merit: 10
May 05, 2014, 04:22:47 PM
What happens now to Neo & Bee, legally?  I understand that, in some jurisdictions, the creditors can start the legal liquidation of the company and the distribution of its assets, even if the CEO is in Shangri-La and the employees have all quit their jobs.  Is that happening in Cyprus?



Not sure about Cyprus, but here the creditors can apply for court-ordered liquidation as long as there is both legal (balance sheet) insolvency as well as commercial insolvency.

Quote
Investors are people who buy equity in a company.

Creditors are people who loan money or goods to a company and thus create liabilities for the company.

Creditors expect and have a legal right to be paid what they loan, including interest.

Investors have no guarantee they will ever see their money again.

When a company is liquidated, creditors have priority over investors in sharing in the proceeds.


Just in case anyone was wondering Wink
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
May 05, 2014, 03:23:59 PM
What happens now to Neo & Bee, legally?  I understand that, in some jurisdictions, the creditors can start the legal liquidation of the company and the distribution of its assets, even if the CEO is in Shangri-La and the employees have all quit their jobs.  Is that happening in Cyprus?



Not sure about Cyprus, but here the creditors can apply for court-ordered liquidation as long as there is both legal (balance sheet) insolvency as well as commercial insolvency.
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