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Topic: Neo & Bee talk (spam free thread) - page 20. (Read 262056 times)

sr. member
Activity: 252
Merit: 250
April 15, 2014, 07:57:52 AM
Quote
Due to the sheer amount of misinformation surrounding myself and current events, I thought it necessary to post something. This is going against all advice that I have received on the matter.
... ... ... resolving everything surrounding Neo and Bee.

OK, he MAY not be a crook, but he definitely seems incapable of handling a company, euros in the millions and bitcoins in the thousands.

That's something I'd actually agree with. Not being cut out to be the CEO of a revolutionary new type of bank does not automatically make you a criminal.

There may even be residual liquidity to be salvaged and allow the company to relaunch in the right hands (perhaps run by an actual Cypriot - I don't know local sentiment over there regarding overseas business owners, but having a local person front a business is always psychologically better to the average punter, something about having more skin in the game).
full member
Activity: 140
Merit: 100
April 15, 2014, 07:51:40 AM
Quote
Due to the sheer amount of misinformation surrounding myself and current events, I thought it necessary to post something. This is going against all advice that I have received on the matter.
... ... ... resolving everything surrounding Neo and Bee.

OK, he MAY not be a crook, but he definitely seems incapable of handling a company, euros in the millions and bitcoins in the thousands.
sr. member
Activity: 252
Merit: 250
April 15, 2014, 07:51:31 AM
I won't believe this shit unless there's ANY proof he can provide.

OK, in the meantime,
you are free to believe every other anon troll or proof-lacking post on teh interwebz.

Trolls cried fire & scam for weeks, demanded answers.
The answers given to them are not to their liking, so they won't believe sheit

How come you did not ask anyone here for any proof of the claims they made?
Now, you want proof. Not when other anons made up claims, but now.
Because, yeah, fake trolls are fake, they like making numbers up

@equioose $3000 wage to 30 people, who pays that? Got that in paper, or are you just being creative?

100% THIS.

Although I feel most of the people in this tread are now trolls, with the exception of a few, you were all out screaming for blood with wild conspiracy theories about NeoBee's collapse and Danny's 'disappearance'.

But none of you fuckers needed a single shred of evidence to support the idea that:

- a cat starved to death in the building,
- that the offices had been sealed up,
- that original creditors were suing,
- that Danny was out of Cyprus,
- that the Bentley was bought with NeoBee's startup funds rather than Danny's own money,
- that Neo lost all its money to MtGOX

and the list goes on.

Not one single fucking request for evidence for all this, but when Danny appears and clarifies the situation suddenly the burden of proof is back on his shoulders (hint: it's not, its up to the accuser to prove a case, not the accused to clear themselves) with regards to unpaid creditors and embezzlement of startup funds.

What a sick fucking joke. And if MP is behind all this (as I'm pretty sure he was given all his sockpuppets posting in the early days of the collapse) I hope you enjoy your US extradition hearings.
full member
Activity: 140
Merit: 100
April 15, 2014, 07:23:05 AM
2^Wikipedia - 2292 € - http://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage
There are at least 5 web sources at the first google search page stating the same for Cyprus

those salaries where maybe true 3-4 years before the haircut. Cyprus now has almost 20% unemployment lawyers and accountants are happy with 850-1200€
even the director of the office of the president is not getting payed over 1800€
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
April 15, 2014, 07:13:34 AM
2^Wikipedia - 2292 € - http://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage
There are at least 5 web sources at the first google search page stating the same for Cyprus
full member
Activity: 140
Merit: 100
April 15, 2014, 06:59:32 AM
@okaynow: 13-15 full time software developers (https://twitter.com/Papaphoenix/status/455710946057797632) + the "team" + the pretty girls in the office + some more not full time + who knows how many more involved. Average monthly salary in Cyprus 2179 euro (3005$) - http://www.salaryexplorer.com/salary-survey.php?&loctype=1&loc=56. I believe some of the team got much more then the average salary, but I don't have evidence, so I used the average.

average salary 2.1k? looooooool
looool
looool
more like 800€
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
April 15, 2014, 06:38:07 AM
@okaynow: 13-15 full time software developers (https://twitter.com/Papaphoenix/status/455710946057797632) + the "team" + the pretty girls in the office + some more not full time + who knows how many more involved. Average monthly salary in Cyprus 2179 euro (3005$) - http://www.salaryexplorer.com/salary-survey.php?&loctype=1&loc=56. I believe some of the team got much more then the average salary, but I don't have evidence, so I used the average.
sr. member
Activity: 378
Merit: 254
April 15, 2014, 06:33:18 AM
I won't believe this shit unless there's ANY proof he can provide.

OK, in the meantime,
you are free to believe every other anon troll or proof-lacking post on teh interwebz.

Trolls cried fire & scam for weeks, demanded answers.
The answers given to them are not to their liking, so they won't believe sheit
...

Lol, are you saying we should ignore the press and the Cyprus police, the unpaid creditors and resigned employees, the abandoned offices because of ... Danny's Reddit post?  In which he tells you "honest u guize, I keep trying to call the police but they just don't answer their phone"?  
hero member
Activity: 546
Merit: 500
PGP 9CB0902E
April 15, 2014, 06:18:42 AM
I won't believe this shit unless there's ANY proof he can provide.

OK, in the meantime,
you are free to believe every other anon troll or proof-lacking post on teh interwebz.

Trolls cried fire & scam for weeks, demanded answers.
The answers given to them are not to their liking, so they won't believe sheit

How come you did not ask anyone here for any proof of the claims they made?
Now, you want proof. Not when other anons made up claims, but now.
Because, yeah, fake trolls are fake, they like making numbers up

@equioose $3000 wage to 30 people, who pays that? Got that in paper, or are you just being creative?
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
April 15, 2014, 06:13:47 AM
So the market cap now is 0.00036480BTC * 4986725 public shares = 1820BTC * 500$ = 910000$
Danny just told you he sold most of the IPO bitcoins when silk road crashed (12000BTC, bitcoin price = 80$): 12000 * 80$ = 960000$
He also told you that all of those 960000$ were spent on expenses and there is still dept to be payed (at least payroll 30 people * 3000$ = 90000$ and who knows what more). The buyers there - be careful what you are buying.
Disclaimer: I was a shareholder and I lost more then 2 BTC in this fiasco (more then half of my BTCs). Currently I don't have any shares left from NEOBEEQ and currently I don't intend to buy any. To those who are buying: my honest opinion is that sending a donation to my 2 years old doughtier (BTC address in the signature) will be much better way to spend your BTC then buying any NEOBEEQ shares.
hero member
Activity: 770
Merit: 509
April 15, 2014, 06:10:29 AM
Quote
To clear a few things up surrounding Neo & Bee, yes there are creditors to the business and I have not ran with any coins, we had made payments in excess of €1.4m with many of the coins being converted to Euros before the run up in price, the largest amount converted at once was the day Silkroad was busted, I had to take the decision on that given day to convert them or risk them becoming pretty worthless and the business not getting off the ground.

It's easy to say in hindsight that he obviously shouldn't have sold on the silk road day, how ever at the time, if he was thinking that bitcoin was going to be 'pretty worthless' then Neo and Bee would have been 'pretty wothlesss'. So he might as well have waited and not panic sold. It would be nice to have some proof of these conversions as it would help quell some of the scam accusations.

The decision to do one of the biggest marketing campaigns Cyprus has ever seen was also questionable, Considering it's a small Island, why not rely on word of mouth for a while until you at least got the software working.

He says 1.4 million euros spent when btc was at $100-150. That would be around 10,000 of the 12,000 btc raised. Add the 1400 lost in bitfunder and neobee should have a total of 600btc leftover from the 12,000 btc raised.

Can't wait for that financial report we were promised.
newbie
Activity: 51
Merit: 0
April 15, 2014, 05:27:56 AM
Quote
To clear a few things up surrounding Neo & Bee, yes there are creditors to the business and I have not ran with any coins, we had made payments in excess of €1.4m with many of the coins being converted to Euros before the run up in price, the largest amount converted at once was the day Silkroad was busted, I had to take the decision on that given day to convert them or risk them becoming pretty worthless and the business not getting off the ground.

It's easy to say in hindsight that he obviously shouldn't have sold on the silk road day, how ever at the time, if he was thinking that bitcoin was going to be 'pretty worthless' then Neo and Bee would have been 'pretty wothlesss'. So he might as well have waited and not panic sold. It would be nice to have some proof of these conversions as it would help quell some of the scam accusations.

The decision to do one of the biggest marketing campaigns Cyprus has ever seen was also questionable, Considering it's a small Island, why not rely on word of mouth for a while until you at least got the software working.


legendary
Activity: 1092
Merit: 1001
Touchdown
April 15, 2014, 04:55:21 AM
I won't believe this shit unless there's ANY proof he can provide.
Indeed.  He needs to lawyer up and get himself back to Cyprus.  Family funeral or not.  This is the post of a man a million miles aways from ever running a successful Bitcoin bank.  Poorly conceived and poorly drafted.  It will be a tragedy if the remaining value in the brand and opportunity are lost -- which seems inevitable.
hero member
Activity: 490
Merit: 500
April 15, 2014, 04:40:08 AM
hero member
Activity: 728
Merit: 500
April 15, 2014, 04:32:53 AM
Post by Danny on Reddit:
http://www.reddit.com/r/Bitcoin/comments/232v5n/the_full_picture_from_danny_brewster/
Quote
Due to the sheer amount of misinformation surrounding myself and current events, I thought it necessary to post something. This is going against all advice that I have received on the matter.

The fraud charges are of my greatest concern right now, they are baffling to me and here is why:

I sold several people bitcoins for cash, most of which had them sent directly to their own wallets or exchange accounts prior to Neo and Bee becoming open to the public. There were 4 people however that requested for me to hold them until they provided me with an address to send them. Two people that bought on November 20th 2013, One Person that bought from me twice once on the 2nd December 2013 and the 20th December 2013 and one person who bought from me on the 24th December 2013. There was a 5th person I was holding Bitcoin for however following a change in their personal circumstances I bought the bitcoins back from them.

Sorry to disappoint those that believe the tales that I simply took them.... The keys are still stored on paper. The total sales to these 4 people amounts to 75.29270138 BTC which were purchased for a combined total of €35213.57 so I have no idea where the values reported in the media have been derived from.

I have not received one single request from the individuals who bought the bitcoins from me to send the coins to an address they provided. With one exception a request was made but that was received from the individual that introduced one of the buyers to me, they requested for me to transfer the coins to his Bitstamp account. I didn't send the coins to his address as he was not the person that I had the agreement with. One of these people went directly to the police following rumors that I had fled the country.

Here is a message to the Criminal Investigation Department of the Cypriot Police:

ANSWER YOUR PHONE or CHECK YOUR EMAILS!!!!

I have been trying for days to contact them to resolve this situation. The whole thing could be cleared up in a matter of days, because as of right now their case is based on rumors of me fleeing Cyprus which is complete garbage. I still have a house full of my own belongings, assets, family, friends and most importantly my daughter in Cyprus.

I have provided my contact information via email to the police and to third parties such as the reporter from the Cyprus Mail and one of the people who bought bitcoins from me. If they do not contact me to arrange a solution, then I assume my greatest fears are true that they are doing nothing more than trying to set me up on charges to discredit both myself and Bitcoin as a whole, whilst creating more fear about challenging the status-quo.

The are three reasons for me not returning to Cyprus immediately following the issuance of a warrant and those are;

    I have a family funeral to attend.
    The whole situation can be resolved without me doing so.
    The manner in which the investigations are being carried out are concerning, the police haven't made an attempt to contact me despite numerous personal requests for them to do so.

The only solution to the problem is for the individuals to provide me with their addresses through the police so I can arrange for the bitcoins to be sent to them. Without those peoples addresses I can do nothing but maintain the original written agreements.

I have also instructed a lawyer in Cyprus to make direct contact with the police to try and put a resolution in place so this can be concluded quickly so that I can continue working with the business recovery and sales agents to resolve everything surrounding Neo & Bee.

The police have been making a concerted effort to locate my assets in Cyprus, which doesn't seem the most logical way of handling such a case, surely they should be trying to contact me to get the full picture and not issuing warrants based on hearsay.

The only question I want to ask the Cypriot police is;

If I buy some building supplies and agree to provide a delivery address at a later date, but never do provide an address. Has the seller committed fraud if he still holds the supplies for me?

To clear a few things up surrounding Neo & Bee, yes there are creditors to the business and I have not ran with any coins, we had made payments in excess of €1.4m with many of the coins being converted to Euros before the run up in price, the largest amount converted at once was the day Silkroad was busted, I had to take the decision on that given day to convert them or risk them becoming pretty worthless and the business not getting off the ground. The outstanding funds from BitFunder/WeExchange are valued at this moment around €500,000. The coins of my own I have on MtGox would have covered all creditors with a claim against the business in full. Had I wanted to run off with coins, it would have been better to do so before spending all of them and the remainder of my own coins on the business.

Questions have been raised about my own personal assets too, something I shouldn't have to answer about but yes, I bought a Bentley back in December, before any issues with MtGox and getting bitcoins out. Anyone that understands the price difference in cars between Cyprus and the UK they will understand exactly why I sold my own bitcoins to buy the car. The car is still in Cyprus, it hasn't been shipped anywhere and my original plan was to sell it after the summer and make a nice profit, which would have been reinvested into Bitcoin or the business. When it is possible for me to do so, I still plan on selling the car to put the money towards satisfying creditors.

To this end I am concentrating first and foremost on resolving the issues with Cypriot police including my planned return to Cyprus. Only then I will concentrate all of my time on resolving everything surrounding Neo and Bee.

Regards,

Danny Brewster

(I have no shares or other financial interest in Neo&Bee, I just saw the Reddit post and decided to let you folks in here know)
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 15, 2014, 03:41:36 AM
He should have at least let the cat run outside and possibly survive.
Sad story just got worse...

Are you being serious?
......

I was responding to a post that said he took the dog(s) and left the cat behind.
Yes, I was serious....Obviously, somebody should have treated the cat better.
hero member
Activity: 703
Merit: 500
April 15, 2014, 02:43:35 AM
Lol, Danny is a run-of-the-mill crook, a notch above pickpocket.
He didn't pull off some magnificent heist, it's surprising he got as much coverage as he did.



That's what a Google News search using "neo bee" spits out.  Every press outlet is in on this conspiracy Angry
more detail needs.
full member
Activity: 154
Merit: 100
April 14, 2014, 05:09:16 PM
Seems like most of the inspiring young entrepreneurs that are starting Bitcoin related businesses are mostly douche bags either involved with some criminal element or wanting to scam people. These "free-spirits on other peoples money" need to spend some time in the clink to protect society. A few years spent breaking big rocks into little rocks might give them an appreciation for what it means to have to "earn" money and not scam others!!

Charlie Shrem has been formally indicted; his buddy Mark Karpeles, can join him once found. I suspect that Danny-boy will soon have a European wide arrest warrant for him.

I am still a firm believer in Bitcoin itself, but the daily news about all these scams is NOT good. Of course scammers also exist in the traditional banking system (EG. Madoff), but it is somewhat disheartening when some of the biggest names in Bitcoin turn out themselves to be scammers. They are essentially scamming the people (the 99%) that Bitcoin was meant to help.
sr. member
Activity: 378
Merit: 254
April 14, 2014, 05:00:56 PM
^And even if Danny is responsible, the cat was a Keynesian -- he deserved it Angry
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
April 14, 2014, 04:46:44 PM
He should have at least let the cat run outside and possibly survive.
Sad story just got worse...

Are you being serious?

He ran away a week before everyone else left the offices. He was not the last one in the building. If there is a dead cat the last people out of the building are responsible and that was 100% not Danny Brewster.
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