Post
Topic
Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
by
stenkross
on 08/03/2014, 21:36:11 UTC
I was ok with 0.0025 xBOND vs 0.003 IPVO round 20% difference thanks to TATs involvement, ok ...

0.003 vs 0.002, wasn't very fair @ 50% difference , but ok

but 0.001 vs 0.003 is another level >>> 300% difference

If this is true, privileged ones bought shares 3x under IPVO price, is this even legal ? It smells scamy, I feel cheated when 0.001 private round is true, it wasn't mentioned here or in prospectus at all Angry  Stenkross what you know about that round?

EDIT : Its not : "Never mind." ... we're talking about millions
Remember, this was even before Danny had a finalized prospectus.
The angel investors invested in some guy, who hadn't worked up any trust in the bitcoin community.
All he had was a drafted document, a crazy idea, and a site accepting bitcoins for pre-IPO purchase of shares.

It's easy to look back and say "hey, with this success Neo & Bee has become, it's unfair that some people payed much less", but in my eyes it's simply risk/reward.
With scammers around every corner, I'd say that the angel investors took a huge gamble.