Post
Topic
Board Securities
Re: Neo & Bee talk (spam free thread)
by
mikemikemike
on 06/04/2014, 21:37:23 UTC
If there is any money left after that, presumably it would be distributed to the shareholders.  Is that correct?
Only, keep in mind that – unless I'm mistaken – NEOBEE "shares" aren't real company shares, are just "shares on future profits", which makes them exactly worthless.


Corporate bonds should be worthless by your definition. The Neobee shares listed on Havelock entitle the owner to 100% of all dividends until 2x the IPO price/share has been paid.

However, if we look at another Bitcoin company that shall not be named here, they've transformed "profit shares" into full company shares recently. Neo shares might follow same model and be converted into full company shares.

This would make sense, it would give Danny a bit of breathing space.

I'm still going down the buyer route. Someone could buy neobee for a few thousand BTC, an amount that is child's play to allot of early adopters.

Lets see if this wall gets eaten into