Post
Topic
Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
by
Herp
on 29/01/2014, 12:34:55 UTC
Here is the Neo&Bee Miami presentation https://soundcloud.com/mindtomatter/e79-a-bitcoin-world

starts at min 46
Great presentation. Thank you for sharing.

Good presentation. Little concerned that one of the key aspects of their prospectus (Euro <--> BTC accounts) isn't being delivered yet, but something that is not in their prospectus (EasyCoin) is…

And please change 'time locked' for something like 'bond' or 'savings' Smiley

As lewicky said earlier, I think that's actually a good idea. Although they wanted to put important focus on that part, it was difficult thing to pull off using complicated trading that may or may not work out. There are plenty of opportunities Neo can take advantage of in the Bitcoin space atm, especially if they solidify their position as first real Bitcoin financial institution.

The underwriting part was interesting, guess it means expanding into security exchange business, which they've already hinted here a few times. They might become the first fully legit Bitcoin stock exchange. If you recall during the Max Keiser show, the CFO of University of Cyprus talked about creating a Bitcoin security exchange in Cyprus, one that would be fully compliant. Cyprus as the Bitcoin financial center of the world or of Europe at least. Could be big.

Quote
How long do you foresee the process of getting the license to allow Neo to underwrite to take?

Not long, I think, and if the above is any indicator, process should be well underway.