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

[VolanicEruptor]

The most frustrating thing is that he doesn't stick around to answer any questions.  You owe us that much at least.

He doesn't want to say too much... The more you talk, the more likely you are to trip over your own lies.

[dwdoc]

29 September update

...we are struggling with technical difficulties but still mining with our hardware and paying dividends.

Since you are mining with your hardware how about a picture or video of your chips and boards?

ps-thanks for hanging around and answering some questions

[lzr1900]

let's hire some Italian Mafia to fuck this Italian scumbag！

[Ytterbium]

29 September update

We took the decision to outsource the troubleshooting  and final touches of the mining boards to an external party.
Delivery of the finalized hardware will take place before 15 October.
All the informations that are being posted are totally made up and there's no direct connection between Labcoin and the people mentioned.
Labcoin operation is not a scam, we are struggling with technical difficulties but still mining with our hardware and paying dividends.
As  promised, as soon hardware get delivered we will bring online the full mining power and dividend payments will reflect this.
We are still holding our labcoin shares on btct.co and still plan on transferring to bitfunder, this process though has  slowed down due to their strict requirements and all accusations being thrown at us are not helping.
We ask everyone to keep calm and avoid spreading false informations.

How do you explain the fact that your CEO knows nothing about what is going on and is denying all involvement with your company?

Mr. Tatti is who registered the company initially but is not involved directly with the project.

Could you tell us what the requirements of Bitfunder are?

Ukyo requires photo IDs, utility bills, etc.  But he may be requiring more stringent information in the case of this particular asset.

[dhenson]

Labcoin, could you please update this portion of your asset description to match what is the current reality of the Labcoin team? (the italic bits are my suggestions)

Reference staff and contacts
Fabrizio Tatti
- Founder and sole owner of iTec-pro Ltd
- Brief CV : http://cn.linkedin.com/in/fabriziotatti
- Has publicly denied being in any way involved with Labcoin.

Samuel Noi
- Nominee Director of iTec-Pro Ltd and PR representative for Labcoin.
- Assumed shadowy misterious figure behind the 'Labcoin' account.  Shows up when the stock price tanks for 1 maybe 2 posts then dissapears until another price drop forces him into responding.

Howard Wang
- Team Leader at Research Institute of Tsinghua University in Shenzhen
- Master's, Electronic Science and Technology Tsinghua University in Integrated Circuits & Systems
- Bachelor's, Electronic and Information Engineering Beijing University Aeronautics and Astronautics
- In no way curently connected to Labcoin, lives in the U.S. and no longer works for Tsinghua University in Shenzhen.

Michael Sparmann (theSeven)
- Bitcoin expert, contributor for Open-Source FPGA Bitcoin miner
- Generalist software developer, touched most layers from electronics to web development
- Background on low level software (down to the hardware interface, bare-metal software, operating systems, kernel, etc. )
- Also has publicly denied being part of Labcoin other than a couple of consulting suggestions he made on their Gen 2 65nm Asic.

Daniel Larsson (TheSwede75)
- Marketer, member of Bitcointalk, group-buy manager and bitcoin enthusiast. Acting as communications assistant with Labcoin.com in IPO and marketing.
- Completely left in the dark about all company activities and is therefore completely irrelevant.

[ShroomsKit]

29 September update

...we are struggling with technical difficulties but still mining with our hardware and paying dividends.

Since you are mining with your hardware how about a picture or video of your chips and boards?

ps-thanks for hanging around and answering some questions

He doesn't hang around and he also doesn't answer questions.

[labcoin]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

[Bitcycle]

If you sold on this "news", you're going to regret it.

Very soon.

Why

Watch the price.

[physalis]

Daniel Larsson (TheSwede75)
- Marketer, member of Bitcointalk, group-buy manager and bitcoin enthusiast. Acting as communications assistant with Labcoin.com in IPO and marketing.
- Completely left in the dark about all company activities and is therefore completely irrelevant.

My opinion is that is wrong. Swede is not left in the darf about anything. He's a part of this.
You can't have someone who is supposed to be the direct information relay and he hasn't gotten really suspicious when he has direct communication with "them". No way. He is a part of this.

[ShroomsKit]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

Why did you wait with this so long? Why did you let the shares go to shit completely before you realized you should answer some questions? What's wrong with you?

[redbeans2012]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

Why not right now, the room is full of people.

[Bitcycle]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

Why did you wait with this so long? Why did you let the shares go to shit completely before you realized you should answer some questions? What's wrong with you?

Whinnnnnnnnnnnnnnnnnnnne.

[ShroomsKit]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

Why did you wait with this so long? Why did you let the shares go to shit completely before you realized you should answer some questions? What's wrong with you?

Whinnnnnnnnnnnnnnnnnnnne.

On ignore you go.

[dhenson]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

Just stay here and answer some questions NOW.

[Ytterbium]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

What is it with you and future deadlines?



Why not answer some questions now?  Like who you are?

Anyway, I kinda thought Alessia Tatti was kind of hot. Kinda disappointing she's not the brains behind the operation.

[matt4054]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

Those announcements of announcements are just awesome.

[dhenson]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

So you've posted a notice about an upcoming post where you will give a future date for a possible IRC chat.

Enough of this. Stay and answer questions TRUTHFULLY.  My $26k is at least worth 20 minutes of your time.

[pedrog]

Haha, this is so funny, I'm going to buy some more shares just for the thrill.

[ShroomsKit]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

You said it was in your best interest to make the price go up.
If you weren't lying then you should answer questions right now. If you don't you simply are a nasty liar.

[labcoin]

A proper Q/A session will be held tomorrow on irc to clear all questions. I will give here notice of the starting time.

So you've posted a notice about an upcoming post where you will give a future date for a possible IRC chat.

Enough of this. Stay and answer questions TRUTHFULLY.  My $26k is at least worth 20 minutes of your time.

I do confirm my identity as Samuel Noi, the team structure has changed since when the project started.
Howard Wang left the project in August and left for the U.S. to complete his studies and work there.
Michael Sparmann  has consulted for us and developed software for the 65nm interface and currently is in touch with me, awaiting for a chat with the new technical team.
The ownership of the company will be passed from Mr. Tatti to me during the next month.