Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 130. (Read 1079974 times)

For those that haven't read the last 700 pages, I have been one of Labcoin's most vocal supporters.  The following has been a long time coming, and I have held my tongue for too long.

The price has only stabilized because Vela filled his bids and is waiting for enough profit to start the cycle over again.  Once the price creeps back up around .0009-001 Velacreations will be back with his FUD show and all of his little FUDlings will follow suit and the price will crater even further.  There is no point in buying now as Labcoin is still weeks away from significant hashing increases (when their new chips arrive). Vela will have orchestrated 5 more cycles by then and the price will be 1/5th what it is now.

Bitcoin investors don't take lack of news well and we are in for a long news drought.  Combined with King FUD Vela's FUD slinging cycle you can be assured of lower stock prices in the near future.

If I sound bitter it's because I am... I have over 215 BTC invested and will most likely never see it again.  That's on me, but the lack of communication from whomever 'Labcoin' is in my opinion is the real culprit here.  Not Vela or those manipulating the price for their own gain, in fact I can applaud their success.  If Labcoin was open and honest, there wouldn't have been any room for them to sling their FUD.

Labcoin, I don't know if you have noticed or not, but your stock has completely tanked due to non-existent investor confidence.  Your strategy of withholding information so that the bad news doesn't hurt the share prices has failed.  It's time for full disclosure, warts and all.  Tell us EXACTLY what is wrong and the steps you are taking to resolve them.  Tell us why Howard Wang is no longer involved and if/when he is being replaced.  In short, and I don't use expletives casually, TELL US WHAT THE FUCK IS GOING ON!

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.

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.

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.

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

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

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

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

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

Whinnnnnnnnnnnnnnnnnnnne.

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?

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

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

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.

Watch the price.

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