Not really. Dont know odesk, dont have access to linkedin's InMail.

Funny thing; disabling my secondary monitor I can make a screenshot, of anything except the Chrome browser window. Its just not there.
But I managed to grab a screenshot using a chrome plugin. Not sure if it proves anything, but here you go:
http://imageshack.us/photo/my-images/809/ac9g.png/

Still getting black screenshots. But his words:
 "Fabrizio Tatti
May I ask you how has been the money raised?2:10 PM
Bitcoin?"

But indeed as someone else mentioned, its already establish Fabrizio knows next to nothing about this, allegedly its his sister running the show, although thats not confirmed.

Missed Fabrizio's last message on google hangouts. He asked me how the money for labcoin was raised, and if it was using bitcoins.
Heh. At least he has heard of "bitcoin".
But either he doing his damnest to pretend not being involved at all,  or he really has no clue about labcoin.

That legal threat is already there. AFAK, all the securities being traded there are unregistered, and offered to US public. Thats illegal under US law (almost certainly the same applies to EU and pretty much everywhere else), there are no 2 ways about it.
The securities potentially being scams, I dont really see what extra legal threat that may incur for anyone other than the issuers.

Also, the idea that an exchange should be responsible for weeding out scams is ludicrous. An exchange doesnt have the incentive (scams make them money too), doesnt have the authority, probably doesnt have the know how.  It would just create a false sense of security.

I would however, encourage exchanges to require asset issuers to prove their identity so at the very least legal action can be taken if things go sour.

Good point. However looking at the published preorders, the average order consists of 1.14 units. Its not going to change a lot unless there are some really large orders we dont know about.

At this point you would boost your credibility by providing some personal information. At the very least Linkedin/FB profile or similar.
The same goes for "sam". If we are to believe you are not scamming anyone, I dont see why you should hide behind anonymity.

Back in June, on the 11th, KnC said they had 890 preorders.
https://www.kncminer.com/news?page=3

There is a list of known preorders here:
https://bitcointalk.org/index.php?topic=249065.0

If I count the numberpreorders on that list up to june 11th, I get 95 jupiters and 47 Saturns. That means ~16% of all preorders were on that list

The total number of preorders for batch one on that list is 146 Jupiters and 68 Saturns. If the same % of customers posted in that thread as for earlier orders, that would mean KnC actually got 6.2x more, or
589 Jupiters and 291 Saturns.

589x400GH + 291x200 = 293TH

Substantial, but no were near enough to quadruple difficulty.

Its either one or the other. Either i-tec is the legal umbrella, and then Fabr is CEO. Or i-tec is not directly involved and they are at the very least intentionally misleading by pretending i-tec is the legal umbrella with a "public figure" CEO.


Really? If it is, I missed it. What is it?
You are not confusing him with theseven are you?


But he isnt involved.


Typically the designer knows his design best. When are you working out problems with the PCB or even software, that person is key.

To be fair, if this:
http://www.labcoin.com/img/pic3.jpg

is a render, then its a rather good one, and someone put a fair amount of work in to making it look credible.

I tend to agree.
Although this also reveals they are being dishonest.
- The "company registration" points to i-tec pro which is not really involved
- so called CEO isnt involved
- Real names of the people involved are hidden or using aliases (except for howard wang)
- Previous claims about having x TH online for several weeks are a lie (even if it werent, they are withholding the revenue)

If we cant believe that, its hard to believe anything they say.  

On top of that:
- No evidence of their own chip working at all, very strong indications they do have Avalons.
- Lead designer for 130nm has left, no mention of that, no clue who is leading the work now.
- no known lead designer for 65nm and frankly, both financially and time wise feasibility of this 65nm chip seems very questionable to me.

Ultimately they or may or may not get something hashing but who's willing to bet that, given what we know?

You owe me a new mouse, and are hereby on ignore.

Not sure if I can.
Fabrizio claims no direct involvement in Labcoin, beyond signing for a purchase order at TSMC under the name of his company. He does not reckognise theswede as spokesperson, may not even known him.
It appears his sister, Alessia,  may be the one pulling the strings (and owning at least a few avalons).  Alessia may or may not be "Labcoin" aka "Samuel Noi" although I dont remember what the reasoning behind that was.

Other than that, its all clear as mud to me.

Yep, its fabrizio's sister:
https://www.facebook.com/tatti.alessia/about

I dont see the point?
Either by January difficulty will be so high that these machines will no longer be sensible investments (my guess) that are likely to provide an ROI (*). 5% discount isnt likely to make the difference. In this case,  almost no one posting here would honor their non binding commitment.
Or these machines would be (very) lucrative and you would be nuts to sell them, particularly at a discount.

Chances that Cointerra got their pricing so right it ends up being somewhere inbetween, like KnC machines that would be shipped next week or so, seems slim.
So this seems like a most likely loss/loss situation for you.

(*) Yes I have seen all the ROI definition discussions. Providing a "return on investment" implies its non zero and positive, and therefore a profit is made,no matter how small and no matter if you express it as % or in absolutes.

Thats pretty compelling. Leaves little doubt in my mind they are mining with avalons and it becomes harder to believe Fabrizzio wouldnt be more deeply involved.

Call me naive, but Im still inclined to believe work is or was  being done on some 180 or 130nm asic, just that are using the avalons to hide the problems they are having; lying about having 2TH online and now Fabrizzio distancing himself from labcoin isnt helping the credibility.

Anyway, this is not my mess, what ever comes of this, best of luck.

Got a link for that second claim? If this is true, I revise my opinion.

THe linkedin profile is of a real person. That he is involved in labcoin is not proven, though likely (putting the linkedin profile of someone unrelated in the IPO prospectus would be utterly stupid). If you want to know more, just pick up the phone, call ITU and ask for a researcher called Zhenhua Howard Wang, and find out. Or try to connect through linkedin

Fabrizzio  doesnt seem to know a thing about bitcoin, just started working in what appears a fairly decent job at OPPO, and is the only one who's identity is absolutely clear. We may have to go through him to find the others, but I very much doubt he is the guy behind this.

IMO, Theswede knows everything and is the "mastermind" behind labcoin. He put himself forward as a "spokesperson" to be able to dodge behind that title when the shit hits the fan, but his statements make it almost impossible to believe he is just doing PR without direct involvement. And seriously, who would hire theswede to be a spokesperson of anything?

"Sam" may or may not exist. He might be a fabrication of theswede, or he might be one of the techies in HK. Hard to know for sure, but theswede knows who he is, theswede is within reach of US law, and in violation of US laws, so Id focus on that first. Has to be the easiest way to get to the bottom of this, assuming you can uncover his identity.


Asked him that too, and wonder myself. Its possible Fabrizio doesnt want to give up the identities of the people just yet, before having consulted with them, before having felt enough heat on himself. Assuming one of them is a friend, that actually makes sense. What doesnt make sense is that he would know none of them.


Why dont you? I went after fabrizzio, Ill let someone else do the talking to Wang.