[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 10.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: VolanicEruptor on November 17, 2013, 10:53:09 PM

I'm not taking the legal route, I'm taking a physical confrontation route. The mission is to also confirm his identity and find out more about him for the people who ARE taking the legal route. We will also see what he has to say, and what his family has to say.

A flight from Canada to Italy is just over $1000 according to expedia.ca.
I want to spend at least a week there to pursue this, so add another $1000 for hotel room and $500 for food.
Extra funds will help with tools, such as a video/audio recording device, stungun (for self defense of course in case someone tries robbing me, right? read between the lines if you wish), etc... but If I can't raise them I will buy them myself, but I don't think I will need over $2500. Every bit extra will help (if I do raise more before I book my flight, I will extend my stay which may increase the effectiveness of the pursuit).

1Q99YdEuHfywTRFgeD1jPteQYWYaHnfmi7
Any funds I don't use will be returned.

You honestly think people who just got scammed are going to pay you thousands of US dollars to go video tape yourself stungunning the supposed scammer?

Good luck with that.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

I'm not taking the legal route, I'm taking a physical confrontation route. The mission is to also confirm his identity and find out more about him for the people who ARE taking the legal route. We will also see what he has to say, and what his family has to say.

A flight from Canada to Italy is just over $1000 according to expedia.ca.
I want to spend at least a week there to pursue this, so add another $1000 for hotel room and $500 for food.
Extra funds will help with tools, such as a video/audio recording device, stungun (for self defense of course in case someone tries robbing me, right? read between the lines if you wish), etc... but If I can't raise them I will buy them myself, but I don't think I will need over $2500. Every bit extra will help (if I do raise more before I book my flight, I will extend my stay which may increase the effectiveness of the pursuit).

1Q99YdEuHfywTRFgeD1jPteQYWYaHnfmi7
Any funds I don't use will be returned.

auto2nr1

sr. member

Activity: 350

Merit: 250

Quote from: VolanicEruptor on November 17, 2013, 07:52:59 PM

I WILL do it, but I need a support system here.. you guys are messy and spread out, with no group mentality. Get behind me and help me make this happen.

Make it happen. Let's do this.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: hammurabi on November 17, 2013, 08:53:56 PM

Quote from: VolanicEruptor on November 17, 2013, 07:52:59 PM

I WILL do it, but I need a support system here.. you guys are messy and spread out, with no group mentality. Get behind me and help me make this happen.

Virtualspade started to work on this:

Maybe work with him?!

VolanicEruptor can only lead, to follow is to admit you're a lesser family man.

hammurabi

full member

Activity: 223

Merit: 100

Quote from: VolanicEruptor on November 17, 2013, 07:52:59 PM

I WILL do it, but I need a support system here.. you guys are messy and spread out, with no group mentality. Get behind me and help me make this happen.

Virtualspade started to work on this (Labcoin Lawsuit):
https://bitcointalksearch.org/topic/m.3488846

Maybe work with him?!

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: VolanicEruptor on November 17, 2013, 07:52:59 PM

I WILL do it, but I need a support system here.. you guys are messy and spread out, with no group mentality. Get behind me and help me make this happen.

"You are the hero bitcoin needs" - said no one ever.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

I WILL do it, but I need a support system here.. you guys are messy and spread out, with no group mentality. Get behind me and help me make this happen.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: superduh on November 17, 2013, 04:19:00 PM

100% scam. no divs paid. alberto ignores all communication. alberto self mining. alberto committing money laundering. fabrizio relieved himself of all criminal activity.

it truly is time to contact HK / Shenzhen / Italian authorities. the more people who file complaints the more seriously they will take this and faster action

and yet, nobody will do it.

superduh

hero member

Activity: 602

Merit: 500

100% scam. no divs paid. alberto ignores all communication. alberto self mining. alberto committing money laundering. fabrizio relieved himself of all criminal activity.

it truly is time to contact HK / Shenzhen / Italian authorities. the more people who file complaints the more seriously they will take this and faster action

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: kingcrimson on November 17, 2013, 02:22:12 PM

the problem is they scream that about every single security that comes out.

They'd have been right about ~95% of the time.

Quote

Now TheSwede will walk away with no punishment.

THat actually remains to be seen. At least under SEC regulations:

It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
http://www.law.cornell.edu/uscode/text/15/77q

IIRC theswede didnt disclose the shares he was offered initially, did he?

Even more damning is this:

(b) Prosecution of persons who aid and abet violations
For purposes of any action brought by the Commission under subparagraph (b) or (d) of section 77t of this title, any person that knowingly or recklessly provides substantial assistance to another person in violation of a provision of this subchapter, or of any rule or regulation issued under this subchapter, shall be deemed to be in violation of such provision to the same extent as the person to whom such assistance is provided.
http://www.law.cornell.edu/uscode/text/15/77o

Its going to be pretty hard for theswede to argue he did not provide "substantial assistance", and did not do so "recklessly". After all, even if he didnt know it was a scam, he should have known it was an unregistered security offered in the US (and everywhere else) and thereby illegal.

crumbs

full member

Activity: 210

Merit: 100

Quote from: kingcrimson on November 17, 2013, 02:22:12 PM

Quote from: RoadStress on November 17, 2013, 11:05:19 AM

At what page were people starting to scream this is a scam?

Some were calling it early, but the problem is they scream that about every single security that comes out.
...

That's not a problem when most BTC securities/businesses turn out to be scams & the remaining few simply fail. You like candy, kid?

kingcrimson

legendary

Activity: 1025

Merit: 1000

Quote from: RoadStress on November 17, 2013, 11:05:19 AM

At what page were people starting to scream this is a scam?

Some were calling it early, but the problem is they scream that about every single security that comes out.
but reading the earlier posts you see just how much TheSwede was involved and pushing the company to the max. I think without his PR efforts no one would've fallen for the scam (an italian guy speaking in broken english who can't answer any question directly). Makes me a bit sick. Now TheSwede will walk away with no punishment. Everything worked in Labcoin's favor, the scam was executed perfectly.

auto2nr1

sr. member

Activity: 350

Merit: 250

Quote from: ?? on ??

Quote from: VolanicEruptor on November 16, 2013, 09:54:43 PM

I am now in the process of assembling a small team who will support my cause. Message me. I will physically find this man and will film it all.

I don't think it is true, and as a non-LC shareholder I don't really want to spend money on that.
But this is what needs to happen.

I think some kind of action needs to take place sooner than later as well.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: ?? on ??

Quote from: VolanicEruptor on November 16, 2013, 09:54:43 PM

I am now in the process of assembling a small team who will support my cause. Message me. I will physically find this man and will film it all.

I don't think it is true, and as a non-LC shareholder I don't really want to spend money on that.
But this is what needs to happen.

you dont think what is true?

RoadStress

legendary

Activity: 1904

Merit: 1007

At what page were people starting to scream this is a scam?

Alphi

hero member

Activity: 798

Merit: 1000

Quote from: curioushippie on November 15, 2013, 07:34:41 PM

Ok. While it's nice of you to take the time to compliment me on my expand/contract skills, that wasn't really the point of my post. I posted it in case it might be relevant to the discussion, that Labcoin has recently posted on the forum and deleted his post.

If I'm wrong, then please feel free to point out where,

Cheers

I jest..

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

It's sad how easy is to scam people.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

I am now in the process of assembling a small team who will support my cause. Message me. I will physically find this man and will film it all.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: drawingthesun on November 16, 2013, 09:35:25 PM

Quote from: VolanicEruptor on November 16, 2013, 05:44:03 PM

If you guys support my travel expenses I will gather together any leads we may have of him, and I will personally meet the guy, while filming, and do something to him that he may or may not like. video will be posted on youtube.

1Q99YdEuHfywTRFgeD1jPteQYWYaHnfmi7

If i don't raise enough money I will return the funds.

You are demented. I am thinking a one way trip to the local psych ward is the only place you should be travelling.

You should be appreciating me. You will need me some day to deal with the Activemining bullshit as well. You are dillusional if you think you will profit from this scammy industry of btc mining startups. Those days are over. We try to justify our optimistic feelings with the fact there was ONE success -- that being Friedcat. There will never be another FC, so wake the fuck up.

If anyone knows me, they will know I'm crazy enough to do something about this. So...

$5,000 will cover expenses, and leftover funds will be returned.
You can send funds to me directly, or set this up through another trusting party, someone who will buy my tickets, hotel, meals, etc.
Some of the money could be used for bribing purposes, a couple italians come to mind who might know of his whereabouts. I suggest any new leads remain secret to keep the strategy low key, and to be used by me only (and the other trusted party if need be)

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: VolanicEruptor on November 16, 2013, 05:44:03 PM

If you guys support my travel expenses I will gather together any leads we may have of him, and I will personally meet the guy, while filming, and do something to him that he may or may not like. video will be posted on youtube.

1Q99YdEuHfywTRFgeD1jPteQYWYaHnfmi7

If i don't raise enough money I will return the funds.

You are demented. I am thinking a one way trip to the local psych ward is the only place you should be travelling.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 10. (Read 1079974 times)