TheSwede75 (OP)
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July 31, 2013, 12:58:00 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org
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vlaoou321
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July 31, 2013, 01:02:22 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org This can be confusing. . . Serious premium. . . I think I should give up, premiums can be very serious.
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wiak2
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July 31, 2013, 01:02:49 PM |
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The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS.
Does that mean that higher than .001 BTC bids will be filled first? Currently, no one with a bid at .001 will get any shares.
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Franktank
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July 31, 2013, 01:02:58 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org You expect to sleep AND be a member of Bitcointalk?! The nerve!!
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davos
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July 31, 2013, 01:03:32 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org Timer removed. End time: 2013-07-31+19:58:40
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vlaoou321
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July 31, 2013, 01:03:54 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org This can be confusing. . . Serious premium. . . I think I should give up, premiums can be very serious.
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TheSwede75 (OP)
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July 31, 2013, 01:05:01 PM |
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Survey + discussion:What do you want to happen and expect Labcoin to do in reference to this IPO? Currently there are bids with a value of 10.2k BTC down till 0.001 which means holders of about 3.2k BTC would get left behind. Initial announcement:We are aiming to get approved early this week. As soon as approval is given we will set a time for release of the entire IPO batch of BTC7.000 (7.000.000 shares @ 0.001 BTC each) We aim to launch the IPO as fast as possible after we are approved by anough votes. That said we will give between 16-24 hours notice before the start of share sales. We will also attempt to place the sale during US business hours. Possible outcomes: - Get those 7M shares in ASAP and without further announcement. - Breach of contract. - Announce time for trading start and leave the rest to the community. - People pay a value higher than initial IPO price and start to outbid. - Stop trading/block order placing, wipe all open orders and announce the official start. - btct.co will probably go down under the load, but imho this feels like the cleanest solution. - ? ? ? ? Anyway. I hope trading starts soon... The most likely solution is bolded above. We did NOT anticipate this much interest and unfortunately (we had NO control over this) our asset was approved through voting while I was asleep. We are working out a way to launch the sale in 12 hours (8 PM CENTRAL TIME) with Burnside. Thank you for understanding that we have no way of controlling when asset is approved and I simply woke up to a 10 million share orderbook and almost shat myself.
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BlockChains
Member
Offline
Activity: 110
Merit: 10
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July 31, 2013, 01:05:27 PM |
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This is going to be an interesting 12 hours...
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TheSwede75 (OP)
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July 31, 2013, 01:07:11 PM |
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The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS.
Does that mean that higher than .001 BTC bids will be filled first? Currently, no one with a bid at .001 will get any shares. I am currently trying to reach Burnside. The best solution here is likely to halt the asset (issuer lock), cancel ALL current orders and then reopen it at 8 PM. I will need burnside's advice on this though.
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BigBitz
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July 31, 2013, 01:07:20 PM |
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8PM Central. Fuck... Fuck the UK people over
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Tips BTC --> 1BS2sYvy3T1cpNhie6CVFMcUrHa84a8mPa <-- Thanks! || Tips [LTC] --> LaytYJNCha7z7zcws5a2o2GWWjvWfDCGkr <--
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JimiQ84
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July 31, 2013, 01:09:33 PM |
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8 P.M. central is the most inconvenient time for me Let people outbid shit out of it. Labcoin will got more money from IPO and everybody will be happy.
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canth
Legendary
Offline
Activity: 1442
Merit: 1001
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July 31, 2013, 01:10:28 PM |
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The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS.
Does that mean that higher than .001 BTC bids will be filled first? Currently, no one with a bid at .001 will get any shares. I am currently trying to reach Burnside. The best solution here is likely to halt the asset (issuer lock), cancel ALL current orders and then reopen it at 8 PM. I will need burnside's advice on this though. We're gonna need a bigger boat server.
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San1ty
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July 31, 2013, 01:10:50 PM |
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8PM Central. Fuck... Fuck the UK people over Fuck every European over, yet again. Every IPO is in the middle of the frackin night. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS.
Does that mean that higher than .001 BTC bids will be filled first? Currently, no one with a bid at .001 will get any shares. I am currently trying to reach Burnside. The best solution here is likely to halt the asset (issuer lock), cancel ALL current orders and then reopen it at 8 PM. I will need burnside's advice on this though. Wow and now all current orders will be cancelled, forcing me to wake up in the middle of the night? Just awesome!
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Found my posts helpful? Consider buying me a beer :-)!: BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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zy02264
Member
Offline
Activity: 116
Merit: 10
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July 31, 2013, 01:11:30 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org Timer removed. End time: 2013-07-31+19:58:40 LOL this timer is insane... but I love it!
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1026
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July 31, 2013, 01:11:47 PM |
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8PM Central. Fuck... Fuck the UK people over Enough time to take a nap till then.. Canceling all bids seems to be the fairest thing now.
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joele
Legendary
Offline
Activity: 1022
Merit: 1000
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July 31, 2013, 01:12:30 PM |
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The IPO will be worth more than 7000 BTC What happen to the excess, is it going to distribute as dividend or added fund to your company?
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vlaoou321
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July 31, 2013, 01:12:38 PM |
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Cause all accusations. This is not a good start
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Kiaya
Newbie
Offline
Activity: 33
Merit: 0
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July 31, 2013, 01:13:26 PM |
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I'd much prefer option 2: "Announce time for trading start and leave the rest to the community - People pay a value higher than initial IPO price and start to outbid". Let the market decide.
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hf
Member
Offline
Activity: 98
Merit: 10
there will be no fucking vegetables
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July 31, 2013, 01:13:50 PM |
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Hello! I have indeed been ASLEEP! We have NOT released the shares for sale as we promised we would give the forum a set time for the IPO to keep it as far as possible. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS. That is 8 PM CENTRAL TIME! Sorry for any confusion, but I had no way of knowing the IPO would be apprived while I was sleeping (I am not always awake 24/7 on bitcointalk.org Timer removed. End time: 2013-07-31+19:58:40 And tomorrow is a public holiday for you, so you'll probably still be up.
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San1ty
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July 31, 2013, 01:14:29 PM |
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8PM Central. Fuck... Fuck the UK people over Fuck every European over, yet again. Every IPO is in the middle of the frackin night. The shares will be released AT IPO PRICE 0.001 BTC in 12 HOURS.
Does that mean that higher than .001 BTC bids will be filled first? Currently, no one with a bid at .001 will get any shares. I am currently trying to reach Burnside. The best solution here is likely to halt the asset (issuer lock), cancel ALL current orders and then reopen it at 8 PM. I will need burnside's advice on this though. Wow and now all current orders will be cancelled, forcing me to wake up in the middle of the night? Just awesome! Set the IPO to 6 PM CET and give us Europeans a chance! Also do we really want to go to a time based IPO? Remember the Sandstorm IPO? Someone is going to buy all 7.000.000 for 7000 BTC and that'll be it...
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Found my posts helpful? Consider buying me a beer :-)!: BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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