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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1042507 times)
dexX7
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August 25, 2013, 05:36:10 AM
 #3221

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6 
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?


Maybe they need to be legally registered to sell shares.

Actually they are officially registred ("ITEC PRO LIMITED").

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damiano
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103 days, 21 hours and 10 minutes.


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August 25, 2013, 05:36:40 AM
 #3222

Hopefully Labcoin will see a good portion of the myminer BTC
limbaugh
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August 25, 2013, 05:39:16 AM
 #3223



FYI, Firedcat is also located in China.

Yep, didn't they raise funds in the same manner? It worked for them.

bigdude
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August 25, 2013, 05:44:41 AM
 #3224

Well someone just bought nearly 40,000 shares - pushing the price up to 3.8

woah  Cool

▃▃▃▌▌  STORIQA  ▐▐▃▃▃▃
Global marketplace
VolanicEruptor
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August 25, 2013, 05:47:57 AM
 #3225

It's safe to say we got rid of most of the short-term newbs who thought this share price might go back down below .002
I'm happy to be on board with the longs.   Cool  We know success when we smell it.

Bitcycle
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August 25, 2013, 06:02:46 AM
 #3226

Three days in a row with a big jump at more or less the same time.

Euro morning buyers?

 More shares will appear for sale as it moves up, but after .004, it's currently very thin and set for very fast rise.  Hmmm.

torbank
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August 25, 2013, 06:09:20 AM
 #3227

Incoming BTC from the MYMINER IPO cancellation.
limbaugh
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August 25, 2013, 06:16:43 AM
 #3228

Incoming BTC from the MYMINER IPO cancellation.

My sympathies for the folks that chose MYMINER over LC..
hasher87
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August 25, 2013, 06:20:25 AM
 #3229

amazing company

goddammit nad
boyohi
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August 25, 2013, 06:20:58 AM
 #3230

It's safe to say we got rid of most of the short-term newbs who thought this share price might go back down below .002
I'm happy to be on board with the longs.   Cool  We know success when we smell it.

Success. I love the smell of it in the middle of the night.
BitThink
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August 25, 2013, 06:23:10 AM
 #3231

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?



As anywhere else, only the company approved by the regulation authority can Launch IPO on the stock market in China. Collecting funds (or even goods) privately without approving is illegal. However, if the company does not cause the loss of the investors, normally it will not be sued. That's why AM is relatively safe now. Their have only direct shares and most investors are satisfactory.
BitThink
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August 25, 2013, 06:28:09 AM
 #3232



FYI, Firedcat is also located in China.

Yep, didn't they raise funds in the same manner? It worked for them.



They did it when almost nobody knew BTC. Moreover, they sold only 30000 shares in public market, that was 3000 BTC, worth $30000 then. Even with all the private bulk sell, it was only $200000. And above all, they succeeded and already returned much more than that number back to investors.
vlaoou321
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August 25, 2013, 06:28:52 AM
 #3233

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?



As anywhere else, only the company approved by the regulation authority can Launch IPO on the stock market in China. Collecting funds (or even goods) privately without approving is illegal. However, if the company does not cause the loss of the investors, normally it will not be sued. That's why AM is relatively safe now. Their have only direct shares and most investors are satisfactory.
yep.you are right

Reputation https://bitcointalk.org/index.php?topic=198808.new#new
Tip: 1CtNCGTyhVkp6AzRwhTsqjkWgwCqk1vSjA
dexX7
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August 25, 2013, 06:55:37 AM
 #3234

I'm not sure in what other projects TheSwede75 might be involved, but it looks like LABCOIN is buying advertisement space on just-dice.com.

Luckybit
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August 25, 2013, 07:36:59 AM
 #3235

Garden and now Myminer backout because of some legal issue in their country, http://myminer.com/pages/6  
Where is labcoin located?

Collecting funds from the public is illegal in China? Does this mean no IPO occurs on their stock markets? In fact how can they even have a stock market if the public can't participate?



As anywhere else, only the company approved by the regulation authority can Launch IPO on the stock market in China. Collecting funds (or even goods) privately without approving is illegal. However, if the company does not cause the loss of the investors, normally it will not be sued. That's why AM is relatively safe now. Their have only direct shares and most investors are satisfactory.
yep.you are right

Labcoin is an italian company.
Luckybit
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August 25, 2013, 07:40:17 AM
 #3236

Another Chinese IPO bites the dust. Is there a possibility that LC could face legal issues in the future?

LABCOIN is registered in HongKong with Chinse/European team, boss is Italian.
After all, I think these canceled IPOs failed not only because of legal risks, their ASS is not very clean.

FYI, Firedcat is also located in China.

No one knows his identity.
freedomno1
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Activity: 9001 == OP


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August 25, 2013, 07:42:41 AM
 #3237

China the new land of innovation
Hmm Oxymoron
(It's ancient)

klee
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August 25, 2013, 07:49:50 AM
 #3238

What an amazing company!

klee
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August 25, 2013, 07:50:22 AM
 #3239

amazing company
So true!

TMAN
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August 25, 2013, 07:50:50 AM
 #3240

I do enjoy waking up and seeing I had some gains overnight.

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