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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1041848 times)
VolanicEruptor
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August 21, 2013, 03:00:46 AM
 #2701

Please show me ONE Bitcoin security contract that states a share represents ownership.

- Regularly communicate the project financials to share holders in a way that lets share holders evaluate the performance, capital outlay and future of the project.

- Pay regular dividends amounting to a percentual share of ownership in the company on a bi-weekly basis. The dividends paid will consist of between 70-80% all profits while 20-30% of profits will be held as a reinvestment fund for development, marketing and manufacturing. ALL share holders have the right to an equal share of dividends directly based on their ownerhsip.

God your to fucking dumb it's not even funny,

This right here you useless space of molecules verifies that share holders are owners, it admits that owning shares ties into ownership: "ALL share holders have the right to an equal share of dividends directly based on their ownerhsip. "

Not to mention that the founders own the same shares we do and they are considered owners. The fact that being a shareholder is represented as being an actual owner in the company, these are all representations made for the contract.

If you can't see that like i said please stop wasting molecular space.

What are you quoting this from???

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JohnyBigs
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August 21, 2013, 03:01:29 AM
 #2702

a contract is a contract period. as long as the contract was legal to begin with (which it was) it's universally enforceable.
argghhdasfjhsdofdshfshfkdlsfhsl

contract that equates to full revenue share is the same thing as a straight up equity (minus the legal registration requirements that equity requires) it's a contract that's fully enforceable. you guys need to find different topic to clog up the next few pages with

clearly it's not to the geniuses such as physalis and eruptor who post dribble nonsense, and always argue with people because they feel entitled, and clog up the thread with countless pages.

I'm glad at least one person isn't brain dead and understands the simple legalities of a contract.

It's funny how spot on this sentence describes you JB..  I wish a moderator could demote your positing privileges to https://bitcointalk.org/index.php?board=39.0

If you think knowing your rights when investing in something is useless and dribble, good luck in life dumbass lol
JohnyBigs
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August 21, 2013, 03:02:47 AM
 #2703

Please show me ONE Bitcoin security contract that states a share represents ownership.

- Regularly communicate the project financials to share holders in a way that lets share holders evaluate the performance, capital outlay and future of the project.

- Pay regular dividends amounting to a percentual share of ownership in the company on a bi-weekly basis. The dividends paid will consist of between 70-80% all profits while 20-30% of profits will be held as a reinvestment fund for development, marketing and manufacturing. ALL share holders have the right to an equal share of dividends directly based on their ownerhsip.

God your to fucking dumb it's not even funny,

This right here you useless space of molecules verifies that share holders are owners, it admits that owning shares ties into ownership: "ALL share holders have the right to an equal share of dividends directly based on their ownerhsip. "

Not to mention that the founders own the same shares we do and they are considered owners. The fact that being a shareholder is represented as being an actual owner in the company, these are all representations made for the contract.

If you can't see that like i said please stop wasting molecular space.

What are you quoting this from???

Are you fucking serious?? lmfao, this will make me never even consider any word that ever spews out of your mouth. You have been wrong before, I just thought maybe you missed over a few things but to not even look at the companies offering page is just hilarious.

https://btct.co/security/LABCOIN click under details.
VolanicEruptor
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August 21, 2013, 03:03:13 AM
 #2704

Well this is good, Labcoin is the first Bitcoin security to ever say that shareholders have ownership!  

VolanicEruptor
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August 21, 2013, 03:03:59 AM
 #2705

find one other.  you can't.

JohnyBigs
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August 21, 2013, 03:05:01 AM
 #2706

find one other.  you can't.

LMFAO the trolling on you is hard. Find another what about LabCoin or another company?
kingcrimson
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August 21, 2013, 03:06:02 AM
 #2707

I would bet that even if you added up the net worth of both of these people it would not even equal 100 BTC

What relevance does that have? Anyone who judges people based on their wealth is a complete and utter arsehole. Sadly, that applies to far too many people on these forums.

It matters because it is downright arrogant to assume people with far more at stake, greater intelligence and  who did the due diligence, have SOMEHOW overlooked the concerns of some dimwit with a handful of peanuts.. this guy is asking the most irrelevant, useless and meaningless questions. It is seriously like a six year old getting caught up in the semantics of a childrens book, interrupting class over and over about how eggs cant be green.
VolanicEruptor
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August 21, 2013, 03:06:43 AM
 #2708

find one other.  you can't.

LMFAO the trolling on you is hard. Find another what about LabCoin or another company?

Another bitcoin stock.  This is the first I have ever seen this.  

JohnyBigs
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August 21, 2013, 03:08:14 AM
 #2709

find one other.  you can't.

Another company, Active Mining:

Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.

Not that hard to find

JohnyBigs
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August 21, 2013, 03:09:45 AM
 #2710

It's common sense. If a company is made up of stock virtual or real, and they are offering a piece of that stock you are a virtual or real owner of the company. It's not rocket science.

Now that we have wasted 10 pages to achieve this amazing enlightened breakthrough, I'm going to go ponder the deeps of life, after what has occurred on this thread.
VolanicEruptor
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August 21, 2013, 03:11:12 AM
 #2711

find one other.  you can't.

Another company, Active Mining:

Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.

Not that hard to find



a share of profits does not mean a share of ownership.  I am very familiar with activemining as I am a large shareholder.  Ken has actually came right out and said that shares in his company to not represent ownership.  I could find the post for you but it's too much work.  
Share in profits does not mean share in ownership.

JohnyBigs
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August 21, 2013, 03:14:08 AM
 #2712

find one other.  you can't.

Another company, Active Mining:

Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.

Not that hard to find



a share of profits does not mean a share of ownership.  I am very familiar with activemining as I am a large shareholder.  Ken has actually came right out and said that shares in his company to not represent ownership.  I could find the post for you but it's too much work.  
Share in profits does not mean share in ownership.

He can say whatever he wants, the way he worded it makes it share of ownership.

If ActiveMining has a total of 25,000,000 total shares, and the Active Mining Corporation owners hold 15,000,000 and they are considered keyword here OWNERS if you hold the same type of shares they do, guess what you are an owner also.

In the example above they own 60% and the others own 40% which totals 100% of the ownership of ActiveMining.
The wording is being represented as ownership.
VolanicEruptor
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August 21, 2013, 03:14:51 AM
 #2713

I disagree.  He is obviously avoiding the use of the word "ownership" because that is not what it is.

Ytterbium
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August 21, 2013, 03:15:13 AM
 #2714

This argument about "ownership" is totally pointless. It's a philosophical argument that doesn't matter at all unless you want to sue labcoin or something.

Lots of stocks on the real stock market don't have voting rights either.

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August 21, 2013, 03:16:05 AM
 #2715

same shit - if anyone breaks a legal contract they can be sued and even jailed.

these people will be RICH if they do everything properly - if they fuck everyone over they'll all be in jail. what will they have to gain ?

it's just dumb for them to try to lose everything when the upside is so much more-

FYI some make choose not to use the word ownership for LEGAL registration reasons..... which is fine - who cares

ok
JohnyBigs
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August 21, 2013, 03:16:21 AM
 #2716

I disagree.  He is obviously avoiding the use of the word "ownership" because that is not what it is.

It does not matter, read he's wording above he wrote owners. He implied that owning 60% of shares in profits is having 60% ownership. Anyway good luck, I'm done go read the 10 pages that you started.

For anyone who has a high amount invested in here, I would save this whole thread on your harddrive and save LabCoins BTCT page, for representations made by LabCoin.
dhenson
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August 21, 2013, 03:16:25 AM
 #2717

find one other.  you can't.

Another company, Active Mining:

Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.

Not that hard to find



a share of profits does not mean a share of ownership.  I am very familiar with activemining as I am a large shareholder.  Ken has actually came right out and said that shares in his company to not represent ownership.  I could find the post for you but it's too much work.  
Share in profits does not mean share in ownership.

He can say whatever he wants, the way he worded it makes it share of ownership.

If ActiveMining has a total of 25,000,000 total shares, and the Active Mining Corporation owners hold 15,000,000 and they are considered keyword here OWNERS if you hold the same type of shares they do, guess what you are an owner also.

The wording is being represented as ownership.

Johny,

I can honestly say that I've not yet agree'd with 1 single thing you've ever posted.  Hell, a lot of your posts leave me scratching my head in wonder.  However, I think you would be very comical to hang out and have a beer with.
JohnyBigs
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August 21, 2013, 03:19:56 AM
 #2718

same shit - if anyone breaks a legal contract they can be sued and even jailed.

these people will be RICH if they do everything properly - if they fuck everyone over they'll all be in jail. what will they have to gain ?

it's just dumb for them to try to lose everything when the upside is so much more-

FYI some make choose not to use the word ownership for LEGAL registration reasons..... which is fine - who cares


Clearly, but it's always good to know that you have some sort of legal recourse if they decide to be morons. I saw this episode once on TV, about these guys who invented what Youtube is today, 10-7 years earlier, and they were getting money left and right, and if they only did the right thing they would of been billionaires, what did they do instead, nahhh we just steal everything and go to jail later lol
JohnyBigs
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August 21, 2013, 03:21:16 AM
 #2719

find one other.  you can't.

Another company, Active Mining:

Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.

Not that hard to find



a share of profits does not mean a share of ownership.  I am very familiar with activemining as I am a large shareholder.  Ken has actually came right out and said that shares in his company to not represent ownership.  I could find the post for you but it's too much work.  
Share in profits does not mean share in ownership.

He can say whatever he wants, the way he worded it makes it share of ownership.

If ActiveMining has a total of 25,000,000 total shares, and the Active Mining Corporation owners hold 15,000,000 and they are considered keyword here OWNERS if you hold the same type of shares they do, guess what you are an owner also.

The wording is being represented as ownership.

Johny,

I can honestly say that I've not yet agree'd with 1 single thing you've ever posted.  Hell, a lot of your posts leave me scratching my head in wonder.  However, I think you would be very comical to hang out and have a beer with.

Make sure that beer is not virtual because I'm not sure about my legal recourse, if you take advantage of me and rape me.
Ytterbium
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August 21, 2013, 03:22:38 AM
 #2720

I disagree.  He is obviously avoiding the use of the word "ownership" because that is not what it is.

It does not matter, read he's wording above he wrote owners. He implied that owning 60% of shares in profits is having 60% ownership. Anyway good luck, I'm done go read the 10 pages that you started.

For anyone who has a high amount invested in here, I would save this whole thread on your harddrive and save LabCoins BTCT page, for representations made by LabCoin.


OMFG you are so dumb.  He said that with activemining, the owners will have 15m shares, and OTHER PEOPLE WHO ARE NOT OWNERS will have another 10m shares.  That means the people who buy stock on the exchange are NOT OWNERS

The whole argument is pointless but you can't seem to even read. You're filling this thread up with moronic nonsense.

Labcoin does use the word Owners, so with Labcoin we are "owners". Whatever. Labcoin is all this thread is even about.  Why are you wasting everyone's time posting nonsense about the legalize of the Activemining contract in here anyway? It's completely pointless.

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