Post
Topic
Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
by
Herp
on 28/02/2014, 18:02:38 UTC
I lol'd Grin but he has a point! The shares were available for sale for half year at 0.003, if half year isn't enough time for research about NEOBEE than idk Grin We were watching available direct shares all the time and LMB was unable to sell any share for months(!) @ 0.003 ... We had a lot of posts on reddit, coverage in media, posts in this thread etc. Who wanted to buy on the last day, he did it because vision of quick speculation profit, not because support of the company.

That's a pretty narrow view tbh.

Lots of people bought shares because the actual opening was indisputable proof of a company able to execute on a plan and spoke volumes about quality of the management. The opening event also exceeded all expectations in terms of turnout which is very bullish indicator.

It basically killed all the negative speculations and suspicions many may have had, in a tumultuous Bitcoin stock market. It was a big vote of confidence and inspired many to invest. Not to mention big coverage in a Coindesk article came the day of the launch and also reddit threads and tweets by high profile Bitcoin gurus like Tuur Demester and Erik Vorhees and others.

Contrary to what you've stated, Neo didn't get much publicity outside of Cyprus before this event except a talk on Let's talk bitcoin (when business was in concept stage) and a showing in Miami.