Neo & Bee talk (spam free thread) - page 24.

Stelios

member

Activity: 112

Merit: 10

Quote from: thekekk on April 10, 2014, 12:03:01 PM

Tuur Demeester
‏@tuurdemeester
@chilin_dude I've refrained from comment so as not to endanger salvage possibilities. News should come out soon, then I'll comment too.

https://twitter.com/tuurdemeester/status/454236929194995712

Any news from A. Antonopoulos as well?

thekekk

full member

Activity: 140

Merit: 100

Tuur Demeester
‏@tuurdemeester
@chilin_dude I've refrained from comment so as not to endanger salvage possibilities. News should come out soon, then I'll comment too.

https://twitter.com/tuurdemeester/status/454236929194995712

sporket

sr. member

Activity: 280

Merit: 250

Quote from: talktopab on April 09, 2014, 08:45:40 PM

I know is all lostbut... Just saw Polemitis, funder of University of Nicosia, also manages Ledra capital http://ledracapital.com/team/, will it make sense for them to take over Neo and built from the it? More from the idea and the work done already, since the name is completely denigrated now.

The hype about University of Nicosia partnering with Neo was just that, hype. Here's a recent tweet from Polemitis:

https://twitter.com/georgiemark/status/453525694388391936

Djao

full member

Activity: 208

Merit: 100

Risk-hedging platform for cryptocurrency investors

Quote from: Swordsoffreedom on April 10, 2014, 01:46:33 AM

Quote from: Musk on April 10, 2014, 12:02:24 AM

I wonder how many realised that the http://www.lmb-holdings.com/ seems to be down since yesterday.

Did not notice before but I certainly noticed it now

could be relavant for some, contains link to image of the shares list on LMB http://www.reddit.com/r/neobee/comments/22i8jz/lmbholdingscom_down/

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: Musk on April 10, 2014, 12:02:24 AM

I wonder how many realised that the http://www.lmb-holdings.com/ seems to be down since yesterday.

Did not notice before but I certainly noticed it now

Musk

newbie

Activity: 7

Merit: 0

I wonder how many realised that the http://www.lmb-holdings.com/ seems to be down since yesterday.

talktopab

member

Activity: 82

Merit: 10

George Papageorgiou in the Faculty Profiles of the Master in Digital Currency of the university of Nicosia http://digitalcurrency.unic.ac.cy/about-the-program/faculty-profiles (end of the page), may he be the appropriate one to talk about the chaos and look for fair solutions for the shareholders? Interested shareholders, find a way together to reach him? Sounds like a plausible idea?

talktopab

member

Activity: 82

Merit: 10

I know is all lostbut... Just saw Polemitis, funder of University of Nicosia, also manages Ledra capital http://ledracapital.com/team/, will it make sense for them to take over Neo and built from the it? More from the idea and the work done already, since the name is completely denigrated now.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Sorry, it seems that I misinterpreted @okaynow's profile and got a totally wrong idea about his/her relation to the moolah.io site.

Draino

full member

Activity: 168

Merit: 100

the IPO happened before the run up to $1000

that means most of the BTC raised were worth several times more than what he asked for

despite that, it still resulted in "liquidity problems" a month in from the storefront opening

he filed the change of director paperwork days before his congressional meeting, promised a financial report (already a quarter late), sent out bizarre (drunken?) tweets, then vanished

he shows up for a minute or two, used his daughter as an excuse, and claims that the reports will account for stuff, and vanishes again

this is a sociopath, clearly a 'person' with no conscience (can you imagine publicly claiming your own child is getting death threats as an excuse? even if she were, people don't do this), and he's following the wrap up text book style--delay until it fizzles out. i wouldn't be surprised if he collaborated with ukyo for a double whammy-scammy. ukyo is probably just the more sadistic type, and likes dangling a carrot on a stick.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: okaynow on April 09, 2014, 04:57:49 PM

In the real world, if you start something new, in unexplored territory and fail, you failed.
In bitcoinland, if you actually go fully and legally public and fail, they call you a scam/

@okaynow, I see from your profile that you own or operate a bitcoin-based intenet payment method in the UK. I was going to write "like Bee", but right now that could be construed as libel or slander. I am sure that Moolah is NOT like Bee. Or would you say that it is? Wink

(Sorry to involve your company in this, but I hope that you realize that people may draw undesirable conclusions from your strident insistence that everything is fine with Neo and Bee, in spite of all the reports and testimonials, and the total absence of any positive information. Why are you insulting people who find fault in the actions of Mr. Brewster?)

Quote from: okaynow on April 09, 2014, 04:57:49 PM

I am completely and utterly convinced that it is not people who either have invested in this start-up or that have operated any kind of actual registered business that are doing the shouting.

Of course I did not invest. But I do not like scammers, and I would be very glad if my "shouting", here and elsewhere, manages to prevent one person from investing in a losing or scammy business project Apparently in bitcoinland that makes me a very evil person. Angry

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: JorgeStolfi on April 09, 2014, 05:47:41 PM

As for whether there was crime or not, the police will tell. Failing is not a crime, but a manager paying himself dividends or benefits when the company is already insolvent is a crime in many countries. It is effectively stealing from the creditors.

Insider trading is likely also a crime, as is fraud.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: NanoAkron on April 09, 2014, 05:44:05 PM

Quote from: velacreations on April 09, 2014, 05:40:51 PM

Quote from: okaynow on April 09, 2014, 05:08:04 PM

I suppose you have evidence of that criminal activity, other than posts of reposts of reposts of reposts

No, I have evidence of suspicious behavior and a clear motive. That's enough to warrant an investigation, and I am not going to assume there was no criminal activity until we have more information (like financial reports). You can't rule out criminal activity with the information we have.

Agreed. Neither can you rule it in.

yes, you can. Based on his behavior and motive, it's high on the list of probabilities. In fact, every single day that no explanation is provided and more evidence comes to light (like the fact that he took customer funds and didn't provide bitcoins), criminal activity becomes the most logical explanation.

After all, all he needs to do is provide sufficient financial reports to his shareholders.

PetePete

newbie

Activity: 43

Merit: 0

As regards to the Cyprus being a victim, I have heard of people losing up to 5000 euros worth of shares in NEO (I sold right after the hype of their store opening) and I'am just as annoyed as anyone loosing money but it pisses me off more that this happened to Cypriots not because im Cypriot descent myself but because I have seen first hand the struggles they have been through in this recent economic crisis. Some people might have seen this as an opportunity out of a financial mess. But saying this, some of the benefits is the few millions that was dumped into Cypriot economy like media getting money through advertising, lawyers, employees and interior decorators etc. Although Cyprus's first taste of Bitcoin will be a negative one, I would like to think that there is no such thing as bad press and that the proliferation of Bitcoin in Cyprus as been overall beneficial to those willing to look deeper.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: minerpart on April 09, 2014, 04:27:45 PM

Quote from: S4VV4S on April 09, 2014, 10:54:04 AM

I can confirm that as well.
I had contacted them in order to acquire a Neo Card and they said they are only gathering interest at the time.

I think Danny didn't want to take customers as he knew the future of the bank was uncertain.

Or simply that they did not have yet authorization to function as a bank? Did they? Usually one needs such a thing, a posh store and "opening" party is not enough. Operating a bank without authorization would probably have put him and his staff in jail right away.

Quote from: minerpart on April 09, 2014, 04:27:45 PM

The company would have been a success if BTC had increased in value over 2014 as N+B had predicted and Gox+Bitfunder didn't happen. THAT IS A FACT. So they ran out of funds, it doesn't make this a scam. N+B would have opened customer accounts if the future of the bank was secure - but to do so with the price of BTC too low to allow the bank to stay open would be taking money by deceit. If you see that you realise that Danny was acting honestly and concientiously [ ... ]

Running away without telling anyone is not "acting honestly and concientiously". Stress is no excuse for failing to respond to his investors and staff for more than a week.

As for whether there was crime or not, the police will tell. Failing is not a crime, but a manager paying himself dividends or benefits when the company is already insolvent is a crime in many countries. It is effectively stealing from the creditors.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: minerpart on April 09, 2014, 05:08:06 PM

We know what he spent it on. It was spent legitimately in the business, it's all gone on expenses.

Please share the evidence to support that claim. We do not know what it was spent on because we have no records of the spent funds.

Quote from: minerpart on April 09, 2014, 05:08:06 PM

They fell on their prediction for BTC which I believe they thought would be on the way to 10k by now.

they raised a considerable amount of funds when btc was close to $100

Quote from: minerpart on April 09, 2014, 05:08:06 PM

Do you actually think Danny Brewster could get away with this if it was a scam? Are you from another planet?

he seems to be doing a fine job of it. Has he provided any financial reports or records? Has he explained the situation? Is there an official investigation? Is he in custody?

Of course he can get away with it. That's why he's not providing any tangible evidence to back up his claims.

NanoAkron

sr. member

Activity: 252

Merit: 250

Quote from: velacreations on April 09, 2014, 05:40:51 PM

Quote from: okaynow on April 09, 2014, 05:08:04 PM

I suppose you have evidence of that criminal activity, other than posts of reposts of reposts of reposts

No, I have evidence of suspicious behavior and a clear motive. That's enough to warrant an investigation, and I am not going to assume there was no criminal activity until we have more information (like financial reports). You can't rule out criminal activity with the information we have.

Agreed. Neither can you rule it in.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: okaynow on April 09, 2014, 05:08:04 PM

I suppose you have evidence of that criminal activity, other than posts of reposts of reposts of reposts

No, I have evidence of suspicious behavior and a clear motive. That's enough to warrant an investigation, and I am not going to assume there was no criminal activity until we have more information (like financial reports). You can't rule out criminal activity with the information we have.

sporket

sr. member

Activity: 280

Merit: 250

^If you had any money *anywhere*, you prob'ly would "invest" it in another lowbrow scam like Active Mining.
There's a saying about you and your money Angry

minerpart

sr. member

Activity: 280

Merit: 250

IIIIII====II====IIIIII

Quote from: sporket on April 09, 2014, 05:26:34 PM

sometimes (as is the case with your Active Mining silliness), "investors" have no choice but to hold -- their shares having been taken away from them

Yeah good point, I'm no different to Danny. We are all human - all too human. The thing is I held my ACtM shares because I believed in the company and it's CEO not because I panicked. That's an investment decision that is paying off. If I had any money in MPEx I would take it out IMMEDIATELY. You know it makes sense.

Topic: Neo & Bee talk (spam free thread) - page 24. (Read 262131 times)