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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1079648 times)
szmarco
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September 20, 2013, 02:58:51 PM
 #12561

Can you please tell to the labcoin forum if yes or no labcoin main account moved shares these last days ?

This would be a big issue.

Thanks,
Cheers.

I've sent TheSwede75 a new request for an accounting of where the 3,000,000 held shares are.  I can see that most of them are held in a single account, but as stated before, not all of them.

Cheers.


STILL NO ANSWER ??

No, he didn't answer.  I've posted a warning on the asset.

Cheers.



So, can you tell me why he does not want to reply to burnside ?

Is there anyone find this wrong?
two months ago,Labcoin posted a new on btct, they promised they would lock 75%(not 100%) of the 300m shares. At this pm, burnside confirmed most of them was still in an account ,which means Labcoin did not broke they promise! Why did Burnside post a warning for this???  It's unfair if it's the reason.
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BitCsByBit
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September 20, 2013, 03:01:02 PM
 #12562

To clarify the 3 BTC transaction is ours, the other transactions to 17psAW21J4twanAFWmbcd5WdX2pKeX3trm is not from us. We apologize for not addressing this sooner, but we are primarily engineers and TheSwede is simply a close friend of one of our employees.

Again we will post a full update soon.

Sorry but TheSwede was never a friend to any Labcoin engineers!

Edit: The Swede was employed later on.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
velacreations
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September 20, 2013, 03:01:33 PM
 #12563

Is there anyone find this wrong?
two months ago,Labcoin posted a new on btct, they promised they would lock 75%(not 100%) of the 300m shares. At this pm, burnside confirmed most of them was still in an account ,which means Labcoin did not broke they promise! Why did Burnside post a warning for this???  It's unfair if it's the reason.

the reason is that their "updates" on the BTCT page are lies, so you know, misleading shareholders.

burnside has not confirmed where the shares are currently.  He confirmed that only 15% had moved, but that was 2 weeks ago.

BitThink
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September 20, 2013, 03:02:31 PM
 #12564

It looks like I'll actually make money with the put options I bought Grin - it's actually possible to short this stock at this point.

If there were not that transaction Wink
BitCsByBit
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September 20, 2013, 03:03:26 PM
 #12565

To clarify the 3 BTC transaction is ours, the other transactions to 17psAW21J4twanAFWmbcd5WdX2pKeX3trm is not from us. We apologize for not addressing this sooner, but we are primarily engineers and TheSwede is simply a close friend of one of our employees.

Again we will post a full update soon.

Labcoin will need to confirm you before you can make any statements!!!

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
szmarco
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September 20, 2013, 03:03:30 PM
 #12566

Is there anyone find this wrong?
two months ago,Labcoin posted a new on btct, they promised they would lock 75%(not 100%) of the 300m shares. At this pm, burnside confirmed most of them was still in an account ,which means Labcoin did not broke they promise! Why did Burnside post a warning for this???  It's unfair if it's the reason.

the reason is that their "updates" on the BTCT page are lies, so you know, misleading shareholders.

burnside has not confirmed where the shares are currently.  He confirmed that only 15% had moved, but that was 2 weeks ago.

No. It was September 15, not 2 weeks ago. Read the pm more.
KSGuy
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September 20, 2013, 03:03:47 PM
 #12567

So is Labcoin_PR a legit account?
Brand new, all 3 post in this thread

it would be pretty easy for someone to make a new account and start posting "good" news right?
Zakryze
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September 20, 2013, 03:04:02 PM
 #12568

To clarify the 3 BTC transaction is ours, the other transactions to 17psAW21J4twanAFWmbcd5WdX2pKeX3trm is not from us. We apologize for not addressing this sooner, but we are primarily engineers and TheSwede is simply a close friend of one of our employees.

Again we will post a full update soon.

Sorry but TheSwede was never a friend to any Labcoin engineers!

Edit: The Swede was employed later on.

Probably because they dont have any? (engineers - not friends)

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zefyr0s
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September 20, 2013, 03:06:15 PM
 #12569

KSGuy: Right. They need to be vouched by Labcoin before their words hold merit.
runam0k
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September 20, 2013, 03:06:24 PM
 #12570

So is Labcoin_PR a legit account?
Brand new, all 3 post in this thread

it would be pretty easy for someone to make a new account and start posting "good" news right?
Not unless Labcoin confirms it. Until then, troll.
Ytterbium
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September 20, 2013, 03:06:41 PM
 #12571

So is Labcoin_PR a legit account?
Brand new, all 3 post in this thread

it would be pretty easy for someone to make a new account and start posting "good" news right?

Obviously not.

NineLives
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September 20, 2013, 03:07:30 PM
 #12572

Ohhh boyy..

I'm sorry guys but I need another simple update please.. 

This thread is unhelpful these days with moaning..

Sorry and thanks

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September 20, 2013, 03:08:19 PM
 #12573

The price shoots after we get a new pr person?

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S M I L Y
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September 20, 2013, 03:09:07 PM
 #12574

To clarify the 3 BTC transaction is ours, the other transactions to 17psAW21J4twanAFWmbcd5WdX2pKeX3trm is not from us. We apologize for not addressing this sooner, but we are primarily engineers and TheSwede is simply a close friend of one of our employees.

Again we will post a full update soon.


SERIOUSLY!   All you need to do is post REAL pictures of the hardware you have in hand!!!!    Show us your Lab Bench where you are doing bringup test!  Show us a chip (even a broken one) mounted to a functional PCB!!!!

You can make all of this go away with a few simple photos!   We dont care if they dont work!  We need to know you are actually attempting to build a real product!  

Or even better send some sample chips out for 3rd party verification!

zefyr0s
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September 20, 2013, 03:10:36 PM
 #12575

The price shoots after we get a(n allegedly) new pr person?

There, fixed it
Ytterbium
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September 20, 2013, 03:11:20 PM
 #12576

hahaha, are the prices actually going up because of this "PR person"!?

velacreations
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September 20, 2013, 03:11:59 PM
 #12577

No. It was September 15, not 2 weeks ago. Read the pm more.

No, it was Sep 10, which was 10 days ago:

Burnside,

can you confirm whether LABCOIN has provided you accounts to lock as per
https://bitcointalk.org/index.php?topic=263445.msg2896819#msg2896819

Quote
How will you show transparency with the 75% retained shares? the IPO manager will arrange some kind of way for burnside to release that information



I have not been handed a list unless I missed it somewhere.

I hope the LABCOIN guys don't mind me disclosing this.  Over 85% of the 3 million shares have not left a specific account I know is held in the Labcoin name.  The other 15% could easily be held in any of the next few top shareholders, but I am not privy to who is who without some assistance.

Edit/add: and this account is not locked.  I will not lock it without a specific request from the owner.


KSGuy
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September 20, 2013, 03:12:20 PM
 #12578

KSGuy: Right. They need to be vouched by Labcoin before their words hold merit.

Seeing the price shoot up makes me think a few people believe it's real  Huh

I need to go into the line of making forum accounts I guess.
Zakryze
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September 20, 2013, 03:13:12 PM
 #12579

yes the labcoin_pr guy is legit pr stands for prank lol

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abuelau
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September 20, 2013, 03:16:35 PM
 #12580

To clarify the 3 BTC transaction is ours, the other transactions to 17psAW21J4twanAFWmbcd5WdX2pKeX3trm is not from us. We apologize for not addressing this sooner, but we are primarily engineers and TheSwede is simply a close friend of one of our employees.

Again we will post a full update soon.


SERIOUSLY!   All you need to do is post REAL pictures of the hardware you have in hand!!!!    Show us your Lab Bench where you are doing bringup test!  Show us a chip (even a broken one) mounted to a functional PCB!!!!

You can make all of this go away with a few simple photos!   We dont care if they dont work!  We need to know you are actually attempting to build a real product!  

Or even better send some sample chips out for 3rd party verification!

Exactly....

Know what's happening in cryptoworld: www.coinschedule.com
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