No reason not to move to Havelock since BTCquick is a proper registered corporate entity with legal representation etc. Bitfunder is just not a good place to be any longer.

I am sorry for the mistake, I was indeed referring to LetsDice and their IPO. I would of course also agree that PD would have a far higher valuation then Gigadice due to the longer time PD has offered real money gambling.

Quite a bit more reasonable priced IPO then most dice sites (Letsdice 50k BTC valuation comes to mind)

Edit: Was referring to Letsdice.

I would suggest Havelock as new listing market. Them now being fully licensed and owned in Panama will make them a REAL player in the space for sure.

I have discussedmy involvement with the Shareholder group that was formed and since Labcoin now is run by Sam who is taking a much more active role in communicating with the forum, as well as running the project there simply is no reason for me to post information that the community can get directly from him.

I am still a share holder and as everyone else I am following the development closely. It seems the hash rate is being moved to ghash.io and I have seen dividends the last few days through cryptostocks.

Of course we (I assume) are all hoping to see more and more hash rate deployed shortly.

I will start using this address as direct payout hopefully in the morning, I just to visit the data center where I am hosting the miner.  

Edit; Traveling like crazy and had no time to visit data-center. Making at least weekly payouts of entire mining income as promised though.

First dividend now sent (0.65 BTC / 10. a few min ago).
To minimize network fees etc. I will just go ahead and send dividends with a mining report weekly on Fridays around the same time (2. pm central).

Of course, I could also just set the payout address as default in Eligius and have the pool take care of sending. What do we think?

The miner is now hashing, and I will send out the first payment today. It seems there may be somewhat of an issue with one board that I will investigate (far higher temp on one and not hashing at full capacity) but to make up for the longer transit time then expected I will still pay out 275 GH/s by simply making up for the lower hash rate with my personal BFL 60gh.

I have a payment script I will be testing out today so expect your share of approx 0.55 BTC in the next 24 hours.

Out of reliable internet, aka. not at home. The KNC Miner arrived at post office yesterday and should be delivered today around lunch Central Time, hashing before end of work.

SORRY! Been out-of-internet for close to a week. Good news is that the KNC Saturn has shipped and should be arriving/mining within the next few days. I will post here when this happens. I will likely also send a very small dividend to everyone 1st day or so just to make sure I have up-to-date addresses and to show everyone that it is indeed hashing.

Sorry,
I didn't see the edit. I have communicated with Sam through Skype and email.

All this is information that is already available in this thread. I think I may have phone numbers as well, though if the project does get back on it's feet as I know several project members are working on I would like to hold off on a possible which hunt.

I will help the 'Advisory Board' that is meeting on IRC and have messaged me here on Bitcointalk.org in their work to sort out the issues they have brought up of course and i hope that by the 15th there is a REAL update on the project status.

I received not a single BTC from Labcoin at any point. I received and purchased shares in the IPO. Including the possible loss of the 30k shares I still hold I now have less BTC then before the IPO.

I am still holding mine, which I guess in hindsight was a stupid idea considering the closure of BTCT.CO and now Bitfunder, but the monetary loss is something I can live with. Much worse to feel that I possibly was a part of causing people to lose money.

I myself can only say that even if it the project gets back on it's feet I would never have gotten involved had I known that it would cause me this much stress for no reason. At this point I just feel stressed out and disappointed in Sam, Fabrizio etc. no matter the outcome.

I have not been able to get a hold of Sam in over a week. I have talked to TheSeven over Skype and I can't speak for him but I feel that we are reaching the point where the Labcoin team being absent is just not even close to OK anymore. I still own my 30,000 shares and have taken a close to 99% loss at this time. I have talked to the team of forum members talking on IRC and trying to figure out what is going on with Labcoin and can only say that I of course will do whatever I can do help get to the bottom of what is going on.

I have also contacted Burnside to see what I can possibly do to ensure that all shares are accounted for etc. Right now I share every cent of frustration with everyone else on this forum. I will keep everyone here updated on everything and anything I find out.

I still find it incredibly odd that an actual physical business as owned by Fabrizio would (if that is the case) be willing to stand behind any form of scam, and I can assure everyone here that both me and Burnside did what we at the time considered a very fair due diligence of the project before we ever considered having anything to do with any part of the listing process.

Please disregard that last message. The committee organizers wish to meet to organize the committee before involving the team  so that they can get the committee set up first.

I am of course fully aware of this, I simply posted a screenshot cause forum members asked and I had no reason to hide it. Right now I am waiting for information from the team like everyone else.

I know this does not prove much (I guess if you know how bad I am with photoshop it might) and I guess I was also off on my average purchase price but I did promise a screenshot of my 30k share holding so here it is. (sorry for the delay I had a lot of IRL things this weekend).



I have also been asked why I would hold on to the shares and I think my best answer would be that no matter what some people think I consider myself to have moral and integrity, and even though I don't have any insider info I think that I owe it to the community to hold on to the shares.

I still don't think that Labcoin is a scam (bad communication? Yes. Bad luck/hardware problems, team issues? Yes and very possible.) but no matter what I think, as someone who have relayed the info give I deserve to share the risk with the rest of the investors.

ALL refunds have now been sent and accepted by group buy members. ADMIN can close this thread. I hope everyone feels that they have been treated fairly and once again, sorry the purchase didn't pan out but at least no one lost any funds.

I am mobile right now and with no Yubikey access (my choice of 2 factor) but can definitely post a screenshot of this in a few hours at the latest.

And I totally understand how people feel. With my purchase average I can't say that the current stock price makes me smile even the least.