Perhaps Burnside knew it was a scam and had to shut down his site because of stuff like that. The last thing anyone wants is the SEC to get involved but that is something which could happen. The people associated with Labcoin who live in the USA should be worried.

My guess is they will try to act like they don't even know what Labcoin is and act like someone stole their identities.

 The money is lost even if it is a ponzi scheme. Their silence speaks volumes. If it were anyone else running a legit operation they would be freaking out about these share prices. They'll let the price drop to 0 and not care when a corporation is supposed to legally profit for shareholders? It doesn't make sense.

How would they return investors money without cooperation from Burnside or the blockchain? That is if they even have the money.

Perhaps they made him sign or tricked him into signing. He is in China.
Howard Wang is probably calling the shots.

It's probably a complete scam.

Which isn't a lot considering how far it has dropped already. They might want to cash out their 180BTC before it becomes 100.

280,000 shares isn't a lot. How much in BTC is it?

The ultimate proof that they aren't mining in China.

Buy back for what?
Just wait, the price will go down.
If you want to buy back in a hurry go ahead. I think its wise to wait until October.

Nice try.
These shares aren't worth any more than they were a few hours ago. Worthless shares shouldn't be rising in price which means they'll be dumped again in the future.

There is no logical reason for the share value to go up. They aren't hashing faster, they haven't given a statement.

I'm not saying not to buy back in. I'm saying 0.00018 is the next price after the next dump. It's going to be dumped again for sure and this is called a bull trap.

Yeah I know.

Maybe Labcoin will get their act together or maybe not, but the shares aren't anywhere near cheap enough to be worth the risk.

More hilarious public notes

Public Note: "Again, we advise anyone to purchase more shares now that they are cheap."

Public Note: "We estimate in about 2 weeks."

Look, just wait for the prices to hit 0.00018 and then buy and in 2 weeks you can see if your 5-6 Bitcoins becomes worth 40-50 Bitcoins.

Public Note: "We think we gave enough evidence that our company and achievements are real to avoid being labeled as a 'scam'."

Even if you aren't a scam, you do realize the exchange also shuts down in 2 weeks and people aren't going to accept that kind of risk. Just trust you with their life savings when you say you'll do direct shares?

The market has spoken.

LMAO@note  Public Note: "It is in our interest to keep the shares price rising but we're very confident that within a short time, shares will be valued what they are really worth."

Looks like they are now worried now that they can't sell their own shares at IPO prices. Anyone going to fall for these words and promises? Yeah, buy cheap shares lol.

For all we know someone else is mining and its not even Labcoin. We don't even see them on the list.

Proof?

We don't know that. I don't think their chips even exist. Let them prove it by either hashing right now or showing photos.

When it gets to 0.00018 that might be the time to buy back in. It's definitely going to crash through the floor @ 0.0005. A lot of people are going to lose a lot of money if they don't get out now. Around 5 BTC for 40,000 shares or so is a fair gamble for this stock, anything else is way over priced.  

Is it worth betting 5 BTC that they'll reach 1TH? how many of you are willing to bet 5 BTC that they can before October? If you wont then you should buy in even lower than 0.00018 until you reach a price in BTC that you're willing to bet. This is basically a prediction market at this point.

If it gets down to 0.00004 per share then you can get 40,000 Labcoin shares for around 1.6 BTC. The funny thing is the closer to October we get the lower the risk will be. Wait to buy until the last minute before the site shuts down for the best prices, because the panic today is nothing like it will be in October.

So why aren't they hashing or moving to direct shares? Why aren't they on a new exchange?

THEY DO NOT CARE ABOUT INVESTORS.

Have fun playing the game. It's just gambling and you lost.

It's also possible that Labcoin is mining with their own chips privately and saying its in solomode while they use those coins to buy cheap shares when people panic.

Since they always say the opposite of what they mean and we have no transparency anything is possible.

Who is Howard Wang? Is he even really in China? Or is he somewhere in the US mining with an Avalon? The chips did not even have working IC's and the photos looked like they could have been photoshopped. There is no evidence the chips were even real because no one has seen a miner in operation and they don't plan to sell them either.

Sure, I don't believe you want cheap shares. Because the closer we get to October the cheaper the shares will get. The mining rate has dropped every day. Everything they claim to do is the exact opposite of what they do. Labcoin is a troll stock, have fun.

The fact that Swede and Sam aren't responding saying buy shares or aren't buying massive amounts of shares themselves is also very telling. If Labcoin had a future then with the shares this far below IPO they'd he breaking their asses to get in here to get the share prices to be profitable for themselves. At these prices the shares are now in the red even for Labcoin founders.

They could buy shares with their own money boosting the price while giving a meaningless speech, but the fact that they don't even care enough to do that means Labcoin is probably a  dead project. It's safe to say not only did the chips not work but they probably never existed at all.