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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042133 times)
MikeyVeez
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September 27, 2013, 03:44:31 PM
 #15201

Figures Labcoins .002 on Havelock, possibilities that they allow a share transfer?

Because thats the price havelock like to scam its investors at lol
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MikeyVeez
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September 27, 2013, 03:51:13 PM
 #15202

So heres the update sgain

1. Lead engineer howard missing in america
2. 0gh hashing
3. Been 48hrs, so a catastrophic failure has occured
4. Sam and swede missing
5. GG WP
lzr1900
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September 27, 2013, 03:55:03 PM
 #15203

Swede is online..this fucking sucker..let's crush this motherfucker
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September 27, 2013, 03:56:15 PM
 #15204

Swede is online..this fucking sucker..let's crush this motherfucker

Hai guys im online in other threads because who cares about you guys
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September 27, 2013, 03:56:43 PM
 #15205

Swede is online..this fucking sucker..let's crush this motherfucker

Calm down... we have to let them speak first, being aggressive will not solve anything.

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bitrich
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September 27, 2013, 03:58:04 PM
 #15206

labcoin passthru coming back live at havelock at 12 est. thats good news at least for liquidity
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September 27, 2013, 03:58:41 PM
 #15207

Swede why is HOWARD NOT IN CHINA, BUT IS IN AMERICA?
Why do you have 0GH FOR OVER 2 DAYS?
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September 27, 2013, 03:59:24 PM
 #15208

Swede why is HOWARD NOT IN CHINA, BUT IS IN AMERICA?
Why do you have 0GH FOR OVER 2 DAYS?

It's not 0 GH. Close, but not 0.
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September 27, 2013, 03:59:43 PM
 #15209

Ok guys, I must say now: I am feeling a bit more confident in Labcoin now than I was this morning.

These are real people. There is a real project, they've spent money, they seem to know their stuff.

YES, something is wrong
YES, they should have communicated better.

But now we have their contact info, their names etc.. and they match what they told us before.

So I say, let them think about all that has been done here today, and let them breathe a little bit a come to us.

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?
moneymanagment
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September 27, 2013, 03:59:50 PM
 #15210

Figures Labcoins .002 on Havelock, possibilities that they allow a share transfer?

Because thats the price havelock like to scam its investors at lol
Conspiracy theory, or fact (any proof)

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MikeyVeez
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September 27, 2013, 04:02:34 PM
 #15211

Figures Labcoins .002 on Havelock, possibilities that they allow a share transfer?

Because thats the price havelock like to scam its investors at lol
Conspiracy theory, or fact (any proof)

Havelock buys labcoin shares and sells it to its investors. You cannot sell your own shares on havelock, they are the only ones who can.
MikeyVeez
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September 27, 2013, 04:05:09 PM
 #15212

Ok guys, I must say now: I am feeling a bit more confident in Labcoin now than I was this morning.

These are real people. There is a real project, they've spent money, they seem to know their stuff.

YES, something is wrong
YES, they should have communicated better.

But now we have their contact info, their names etc.. and they match what they told us before.

So I say, let them think about all that has been done here today, and let them breathe a little bit a come to us.

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 this the 65nm 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?



This, plus no pictures of the miners ever posted. Its been a few days still no mention of new exchange, nobody wants this lying scam company.
bitrich
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September 27, 2013, 04:05:55 PM
 #15213

Figures Labcoins .002 on Havelock, possibilities that they allow a share transfer?

Because thats the price havelock like to scam its investors at lol
Conspiracy theory, or fact (any proof)

Havelock buys labcoin shares and sells it to its investors. You cannot sell your own shares on havelock, they are the only ones who can.

that was the price when trading was frozen, why would they start it anywhere else?
Puppet
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September 27, 2013, 04:07:23 PM
 #15214

This, plus no pictures of the miners ever posted. Its been a few days still no mention of new exchange, nobody wants this lying scam company.

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.
TMAN
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September 27, 2013, 04:08:23 PM
 #15215

I'm sure this isn't a scam, I'm also sure they have issues with the chips. I just hope we get some honesty out of them now about it all. Whatever the problem is we just want the information
abuelau
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September 27, 2013, 04:11:33 PM
 #15216

- The "company registration" points to i-tec pro which is not really involved
- so called CEO isnt involved

No, they say Fabrizio is the CEO of I-tec Pro (which he is). And they did use this company as their legal entity.

- Real names of the people involved are hidden or using aliases (except for howard wang)

TheSwede name is there. Fabrizio's name is there. The only questions are Alissia Tatti (who wasn't listed) and who is Samuel Noi (which we could not confirm if he exists or not)

- Previous claims about having x TH online for several weeks are a lie (even if it werent, they are withholding the revenue)

Yes, this I agree. This is very annoying.

On top of that:
- No evidence of their own chip working at all, very strong indications they do have Avalons.

Indeed annoying (as above). I would like to know what is going on with the chips.

- 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.

The 130nm is already designed. So why do they still need the designer? They need someone that can make the designed and produced chip work!

The 65nm being possible or not, I cannot comment. My guess is as good as yours, I can only hope they have a good plan.


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bitrich
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September 27, 2013, 04:13:33 PM
 #15217

I accidently added a 0 to my sell order and sold 25 shares at .0003 ...fuck i meat to put .003. That would be why the price just dropped FML lol
MikeyVeez
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September 27, 2013, 04:16:23 PM
 #15218

I accidently added a 0 to my sell order and sold 25 shares at .0003 ...fuck i meat to put .003. That would be why the price just dropped FML lol

Are you on drugs?
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September 27, 2013, 04:18:42 PM
 #15219

No, they say Fabrizio is the CEO of I-tec Pro (which he is). And they did use this company as their legal entity.

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.

Quote
TheSwede name is there.

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

Quote
Fabrizio's name is there.

But he isnt involved.

Quote
The 130nm is already designed. So why do they still need the designer? They need someone that can make the designed and produced chip work!

Typically the designer knows his design best. When are you working out problems with the PCB or even software, that person is key.
MikeyVeez
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September 27, 2013, 04:19:03 PM
 #15220

Pics of mining boards or scam

They can at least show a mining board even if it looks like crap, the fact that the havent shows they are lying.
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