[CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated

[hammurabi]

Police is on the way! Hurrrraay!
Amazing! Company!!

1-2 more weeks till new hashing power from KNC start shipping!
Hurraaaaay to da moon!

[kingcrimson]

This could be the scam of your life, something you will always look back bitterly the rest of your life, as bitcoin grows and grows to new heights. Got to take action quick. I know I filed with SFC but I don't know what will even come from it.

[Puppet]

Time to take whatever money is left and divide it up amongst the bag holders!

Yeah, let the scammer hand out some crumbs of the loot to bagholders that bought the stock for pennies on the dollar, and all will be forgiven by the IPO investors Im sure.
You want to buy some Pirate debt too at 1% of face value? You know, just in case...

[iCEBREAKER]

I am taking over the ritual of posting BitchCycle's Daily Action Item Checklist, since he broke his promise to do it himself.

https://bitcointalk.org/index.php?topic=305686.0

It's been 37 days since this list was posted.

Unfortunately,

none of Sam's action items have been completed.

The list remains as it is.  I am including some suggestions added by the community, though it is important to note that these have not been agreed to by Mr. Noi.

I am PMing a reminder copy to Mr. Noi as soon as this is posted.

NOTES FROM THE Q&A

INCLUDING A TO-DO LIST FOR SAMUELE NOI.

I am PMing a copy of this to-do list to the Labcoin account as a reminder of the action items from this session.

I am also asking Mr. Noi to inform us when these items are completed.

Actions for the next 24 hours.

    Skype session with Ukyo regarding Bitfunder listing
    Posting to the forum the amount of BTC left in the company funds.
    Change pool to Eligius
    Make the labcoin portfolio public on BTCT


Other actions to complete ASAP

    Verification of ID.  A good start would be writing "I am Samuele Noi of Labcoin" and the date on a piece paper, and photograph yourself holding it.
    Photos of the hosting facilities as well as the operational boards
    Send a sample board to TheSeven.  This should be done immediately as the sooner he gets the board the sooner he can provide advice. Delays have a direct cost.
    Exact power consumption figures for the chips/boards



Actions for the community to complete ASAP

    Nominate a panel of community representatives to work closely with Samuele. This should be done immediately. We complain about delays from Sam, let's not do what we criticize him for.

- COMPLETED


Suggested additional items from the community

    Meet with a shareholder in person in Shenzhen / Hong Kong. Lunch/coffee/tea meeting etc.  Merv77 has indicated that he will be in town and available Oct 23 - Nov 11. An in person meeting with a third party could soothe a lot of anxieties.
    Provide a full accounting for all money spent so far.  A spreadsheet showing expenses and dates would be ideal.


THIS LIST WILL BE REPOSTED DAILY WITH ITEMS CHECKED OFF AS THEY ARE COMPLETED

[ewibit]

Deleted Post:

Quote from: Labcoin_PR on September 28, 2013, 10:14:00 AM
None of us are from the US so the SEC does not apply to us. Good luck extraditing us, look at how Edward Snowden turned out.

Yes we're actually LABCOIN. We scammed you. What are you going to do about it?

quoted for the official history for the lawyer's office ...

[SebastianJu]

Deleted Post:

Quote from: Labcoin_PR on September 28, 2013, 10:14:00 AM
None of us are from the US so the SEC does not apply to us. Good luck extraditing us, look at how Edward Snowden turned out.

Yes we're actually LABCOIN. We scammed you. What are you going to do about it?

quoted for the official history for the lawyer's office ...

I doubt this is true. If it would the writer would be really dumb.

[dhenson]

Deleted Post:

Quote from: Labcoin_PR on September 28, 2013, 10:14:00 AM
None of us are from the US so the SEC does not apply to us. Good luck extraditing us, look at how Edward Snowden turned out.

Yes we're actually LABCOIN. We scammed you. What are you going to do about it?

quoted for the official history for the lawyer's office ...

I'm not sure if you are trolling or really serious.  That PR account is a bad joke and in no way related to Labcoin.  IMO it's in bad taste and whomever is doing it should stop.

[tinyfox266]

where is the dividends?

[dhenson]

where is the dividends?

Right here:
https://blockchain.info/address/17psAW21J4twanAFWmbcd5WdX2pKeX3trm

edit...  I take that back.  Clearly not all of the coins are making it into this wallet.  There have been no dividends for a week and should be around 60-70 waiting to be dispersed.

[Bitcycle]

where is the dividends?

Sam has wisely decided to anger every remaining shareholder rather than to pay them any of the money he owes them.

[bitmoon]

Update on the situation

Fabrizio is the first person that the police will investigate since it is his company that is behind Labcoin according to the IPO contract.

I'm sure he will cooperate with the police in the case he also has been scammed and has nothing to do with all of this as he has claimed, but that still remains to be verified by the police.

I have contacted TheSwede75 and I'm communicating with him and he is willing to help in any way he can, I'm hoping he has something of value to contribute since he was working with "sam" on the IPO details and was in close contact with him.

Now that we have the support of so many share holders we are starting the next phase of the process, that is gathering and organizing all the information for the complaint.

I will be taking the weekend of from all this since I have logged so many hours on the case this week, but you can expect me back on the case in full action next week again.

Thank you for your support

virtuals  

i dont get it, fab got scammed too? and therefore he let us go down to hell slowly?

please also contact howard and seven, so you can catch alessia who as i remember recruited them, right name?

labcoin doesnt seem fixing that 1 miner down, the idea of using it for himself wont make sense, cuase dividend wallet is joke.
i really dont get it, when labcoin logs in/out

edit: also i dont understand, why that some one bought 200k+ share of labcoin at 0.0002 in 1 whole lot , any one can speculate on this?

[superduh]

i bet you alberto and fabrizio are kicking themselves for not doing an "online wallet hack scam" instead...
fucking scammers fuck them all

[bitmoon]

When can we expect photos of the boards and hosting facility?

We will setup an open-space in Shenzhen probably during next month.

its the month now, pictures yet?

[auto2nr1]

i bet you alberto and fabrizio are kicking themselves for not doing an "online wallet hack scam" instead...
fucking scammers fuck them all

LOL +1

[Bitcycle]

Must be painful, Sammy, seeing the price go up.  You could be riding this price increase to victory, but you were too stupid.  You couldn't handle it.

[jimmothy]

Must be painful, Sammy, seeing the price go up.  You could be riding this price increase to victory, but you were too stupid.  You couldn't handle it.

I'm confused didn't sam just walk away with a portion of 7000 btc? This is a huge win for him or did he already sell the coins for fiat?

[Bitcycle]

Must be painful, Sammy, seeing the price go up.  You could be riding this price increase to victory, but you were too stupid.  You couldn't handle it.

I'm confused didn't sam just walk away with a portion of 7000 btc? This is a huge win for him or did he already sell the coins for fiat?

That's if you assume Sammy gets away with it.  The higher the price goes the more likely he is to get caught.  

There's also a lot more attention on bitcoin now.  The greater the awareness, the more motivated the authorities are to step in.  Everyone wants their press.

This ain't like previous scams, people are paying attention now.

[mr_random]

So what is the summary of all this? Are we in confirmed scam territory?

[superduh]

So what is the summary of all this? Are we in confirmed scam territory?

correct.

sam said that shares were cheap at .003 and that by end of oct we would see that. he knew that that was BS!!! it's lost 99% of it's value. so yes, fraud at minimum.

[SebastianJu]

i bet you alberto and fabrizio are kicking themselves for not doing an "online wallet hack scam" instead...
fucking scammers fuck them all

Well I do hope they were trying to use inputs.io to launder the money

Cause then a hacker would have the money and police would have been even worse chance of getting a part of our money back?