[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

[GreekGeek]

Swede/LC.

we need some questions answering,

1) what is the current hash rate.
2) what is the issue with the chips
3) why is the hash rate not increasing as promised
4) if there are issues with the chips why have you bought more
4) what are you doing to fix the stability issues.

I think we deserve some answers.

Hello TMAN. Thanks for your BTC.

1) 0 kH/s, as you can see on BTC Guild.
2) Doesn't work, don't know why. We're still working on it.
3) It's increasing, don't worry, soon.
4) Why not ?
5) Tweaking, don't worry.

This is the best time to buy cheap share and follow my financial advices like the last time (anti-10bagger).

 

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[TMAN]

Swede/LC.

we need some questions answering,

1) what is the current hash rate.
2) what is the issue with the chips
3) why is the hash rate not increasing as promised
4) if there are issues with the chips why have you bought more
4) what are you doing to fix the stability issues.

I think we deserve some answers.

Hello TMAN. Thanks for your BTC.

1) 0 kH/s, as you can see on BTC Guild.
2) Doesn't work, don't know why. We're still working on it.
3) It's increasing, don't worry, soon.
4) Why not ?
5) Tweaking, don't worry.

This is the best time to buy cheap share and follow my financial advices like the last time (anti-10bagger).

You can be amusing dude, i'm just glad I only invested what I can afford to lose. not sure everyone is in the same boat.. lots of 15 year old's will be crying now.

[physalis]

Around 2009, he moved to Zhuhai, Guangdong, China and became an English teacher in a Kindergarten
http://www.localyte.com/profile/187968--China--Guangdong--Zhuhai

They have English teachers in kindergarten?? What the fuck.

[Sou]

https://twitter.com/TheSwede75

Andrew James
@TheSwede75
born in MN, live in the OC and married to Kristi.
Long Beach, CA

This may be him or not. We will see.

Would have bet so IF they were following anything BTC related.

[ampu]

Around 2009, he moved to Zhuhai, Guangdong, China and became an English teacher in a Kindergarten
http://www.localyte.com/profile/187968--China--Guangdong--Zhuhai

They have English teachers in kindergarten?? What the fuck.

We also have some nice pics of the founder 

http://user.qzone.qq.com/1280522795#!app=4&via=QZ.HashRefresh

[camu6]

Well i am not worried in this price range.
One more update and price is back to .001, no matter what the update contains. Thank you sheeps!

[AngelSky]

Well i am not worried in this price range.
One more update and price is back to .001, no matter what the update contains. Thank you sheeps!

Good luck with your loss 

[abuelau]

https://twitter.com/TheSwede75

Andrew James
@TheSwede75
born in MN, live in the OC and married to Kristi.
Long Beach, CA

This may be him or not. We will see.

Would have bet so IF they were following anything BTC related.

Age and time zone seem to match... but the name is different from the one in the Labcoin IPO Details page, it list him there as "Daniel Larsson" (detail: Larsson is equivalent to "Smith" in the US/UK).

[camu6]

Well i am not worried in this price range.
One more update and price is back to .001, no matter what the update contains. Thank you sheeps!

Good luck with your loss  

Good luck with keeping the price down, lurking around here, waiting for labcoin to reapear on btcguild and hoping for the quick buck

We all know it's going to happen again.

[abuelau]

He is definitelly Italian, probably born in Sardinia
http://matadornetwork.com/community/members/tepepa/

initially worked as a store manager in Italy on a company called Brico
http://www.linkedin.com/in/fabriziotatti

Around 2009, he moved to Zhuhai, Guangdong, China and became an English teacher in a Kindergarten
http://www.localyte.com/profile/187968--China--Guangdong--Zhuhai

Eventually he moved to Shenzhen, Guangdong (which is not far away from Zhuhai), he founded iTec Pro (owner of Labcoin) and he also works with "International Marketing" in OPPO, a smarthpone manufacturer.
http://www.linkedin.com/in/fabriziotatti
http://www.zoominfo.com/p/Fabrizio-Tatti/1950368090

He was born on Jul 3 1982 (Age 31).
http://www.oppoforums.com/members/fabrizio-t.10738/

He's a vegetarian
http://www.happycow.net/members/profile_pb.php?id=65643

Likes to play badminton and rock climbing
http://www.gzstuff.com/groups/group/listForContributor?user=103wtqabccjz8

I checked the history of the domain fabriziotatti.com which seems to be linked to him (it shows up in some of the profiles above, can't remember which), and interestingly in 2012 this was the owner:

domain:                          fabriziotatti.com
created:                         07-Apr-2012
last-changed:                    07-Apr-2012
registration-expiration:         07-Apr-2013

nserver:                         ns51.1and1.com 217.160.80.164
nserver:                         ns52.1and1.com 217.160.81.164

status:                          CLIENT-TRANSFER-PROHIBITED

registrant-firstname:            Vladislav
registrant-lastname:             Zavalnjyk
registrant-street1:              Proletarna 2, 81
registrant-street2:              Proletarna 2, 81
registrant-pcode:                41587
registrant-state:                05
registrant-city:                 Gmerenka
registrant-ccode:                UA
registrant-phone:                +380.504857125
registrant-email:                vladislaaz@gmail.com

[Puppet]

IM in contact with Fabrizzio using google+. Here is what I got so far after pinging him about labcoin:

Hello XXX I offer you my complete availability clarify this issue. First of all I would like to point out that I'm the only shareholder and director of ITEC PRO LIMITED and I've not authorized anybody to act as my spokesperson nor to rise funds using my company name.

were you aware this is happening?

My company has been used to request the production of the samples of the ASICS machines related to the labcoin project for which I've personally signed the documents. I'm not aware about any other action took in the name of my company and I release myself for any responsibility

that is pretty much what I expected. Do you know who "theswede75" is and "Samuel Noi"?

If I'm not wrong Samuel Noi is an hardware engineer who designed the asics
I have no idea who is behind the other nickname

no, that was howard wang
if you signed that purchase order, surely you know at least one of the people personally?
Here is thing; hundreds of people have most likely lost quite a significant amount of money on this. Your name is published, I wont be the last to ask these questions. I would urge you to make a public statement, preferably on bitcointalk.org
and disclose what you know

I've already enquired my collaborators about this issue and I will take action to stop any illegal action or fraud under my company name.
Yes you are right
I have nothing much to disclose. This is everything I know. I will enquire the project manager asking for explanation on this matter but I'm afraid I can't be very helpful

Being able to identify the people behind this would be extremely helpful. And frankly, probably needed to prevent legal action against you. Anyway, I wont take up more of your time, I am looking forward to a public posting of this.

I'm already receiving too many enquiries about this matter and to be honest I have no time to post on this forums where I don't even have a personal account registered

Use facebook?
trust me it will save you time, but no one is going to lieave you alone until the people who collected $1M have been identified

Yes I could be faking that, but Im not, and have no reason to. Feel free to ask him yourselves.

[237]

Well, that's that then.

http://www.youtube.com/watch?v=DI7YDIaU-4I

[GreekGeek]

this is bad (if true)

[abuelau]

I'm trying to come up with scenarios that could explain this but it's difficult.

[Puppet]

this is bad (if true)

Its not as bad as it could have been. If Fabrizzio is not bullshitting (or misled even more than he claims to have been), then at least there has been a production run of something at some point. I dont see that leading to a profitable venture though, and so far, my conjecture I posted earlier still fits the known facts fairly well.

[Puppet]

I'm trying to come up with scenarios that could explain this but it's difficult.

Not really. See here:
https://bitcointalk.org/index.php?topic=263445.msg3246057#msg3246057

(read the quoted part too)

BTW, since I dont have a horse in this race, Im not going to push Fabrizzio any further, but anyone that does want to retrieve his funds should push him to give the identities of the people involved. Its clear that Fabrizzio is scared of potential legal consequences (and rightfully so)

[abuelau]

What I would like to understand is the relationship between all these different people. How did TheSwede get into this? Who did he talk to? How much does he really know?

How can Fabrizio sign a document without really knowing what he was doing? He surely trusts the people he signed documents for. Who are they?

And what about Howard Wang? Can someone in the USA or California try and contact him??

[Duffer1]

IM in contact with Fabrizzio using google+. Here is what I got so far after pinging him about labcoin:

Yes I could be faking that, but Im not, and have no reason to. Feel free to ask him yourselves.

You could just post a screenshot of the conversation.

[zumzero]

Looking to spend 20 btc on LC shares.

Who is going to give me the best offer?

I want A LOT of shares for that money.

EDIT:  PM me if interested

[AngelSky]

Looking to spend 20 btc on LC shares.

Who is going to give me the best offer?

I want A LOT of shares for that money.

Soon for 20 BTC you'll be able to buy back 7'000'000 shares.