[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 192.

ltiv

member

Activity: 66

Merit: 10

Quote from: Bitcycle on September 26, 2013, 03:37:20 AM

Quote from: BitThink on September 26, 2013, 03:16:33 AM

I am expecting a statement about this from 'labcoin'. There's no way to hide this news any more. The chaos caused by the leave of a key technician is understandable, but it is really important for us to know how they handle it and whether they have found a good replacement.

I'm not worried about them responding, I'm worried about them telling the truth when they do.

They have to respond or their precious stock price will bottom out.

Whether or not the stock price crashes depends on the move to a new exchange, right now people are panicking whether or not to keep their stocks since there have been no news about a potential new home for Labcoin. Direct shares are good but given the amount of shares sold 7m including 3m (.75 left .25 sold), it would be extremely difficult to manually distribute dividends (assumption). Obviously with that stated, any news of a new exchange given confirmation by labcoin himself would see a rise to share prices as they were before the notice of BTC-TC closure.

Consumer confidence is at an all time low with the slow response of a new exchange, that's obviously a given.

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: Bitcycle on September 26, 2013, 03:37:20 AM

Quote from: BitThink on September 26, 2013, 03:16:33 AM

I am expecting a statement about this from 'labcoin'. There's no way to hide this news any more. The chaos caused by the leave of a key technician is understandable, but it is really important for us to know how they handle it and whether they have found a good replacement.

I'm not worried about them responding, I'm worried about them telling the truth when they do.

They have to respond or their precious stock price will bottom out.

If they cannot find an exchange to re-list, the stock price means nothing to them now.

Bitcycle

sr. member

Activity: 420

Merit: 250

Quote from: BitThink on September 26, 2013, 03:16:33 AM

I am expecting a statement about this from 'labcoin'. There's no way to hide this news any more. The chaos caused by the leave of a key technician is understandable, but it is really important for us to know how they handle it and whether they have found a good replacement.

I'm not worried about them responding, I'm worried about them telling the truth when they do.

They have to respond or their precious stock price will bottom out.

BitThink

legendary

Activity: 882

Merit: 1000

I am expecting a statement about this from 'labcoin'. There's no way to hide this news any more. The chaos caused by the leave of a key technician is understandable, but it is really important for us to know how they handle it and whether they have found a good replacement.

KCBitcoin

full member

Activity: 224

Merit: 100

Hey Sam,

It's time to stand up and clear some fact to your investors now.

Duffer1

full member

Activity: 227

Merit: 100

Quote from: Puppet on September 26, 2013, 03:06:55 AM

Quote from: KCBitcoin on September 26, 2013, 02:41:56 AM

And thats why labcoin is hiring, as mentioned by TheSeven.

But yeah, he'll fix it overnight, especially when the only guy who really knows the asic is gone.

People can't travel from California to China anymore? Skype doesn't work anymore? Email... what's that?

BitCsByBit

sr. member

Activity: 252

Merit: 250

Quote from: Puppet on September 26, 2013, 03:06:55 AM

Quote from: KCBitcoin on September 26, 2013, 02:41:56 AM

And thats why labcoin is hiring, as mentioned by TheSeven.

according to posted IRC chats, TheSeven wasnt even aware there was a 130nm chip, has never spoken to anyone working on it and knows nothing about it. He is also more a software guy than anything else.
But yeah, he'll fix it overnight, especially when the only guy who really knows the asic is gone.

Meanwhile theswede says "they will keep adding hash rate". and we are supposed not to laugh? The only way hashrate is going to be added is when their bitfury's finally show up.

That is a lie!!!

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: Puppet on September 26, 2013, 03:06:55 AM

Quote from: KCBitcoin on September 26, 2013, 02:41:56 AM

And thats why labcoin is hiring, as mentioned by TheSeven.

according to posted IRC chats, TheSeven wasnt even aware there was a 130nm chip, has never spoken to anyone working on it and knows nothing about it. He is also more a software guy than anything else.
But yeah, he'll fix it overnight, especially when the only guy who really knows the asic is gone.

Meanwhile theswede says "they will keep adding hash rate". and we are supposed not to laugh? The only way hashrate is going to be added is when their bitfury's finally show up.

No, he admitted Howard has talked with him several times and it seems Howard at least knows something about IC design. He has also mentioned the 130nm chips 'constantly crash and restart after seconds', and Howard was not involved in any more and there's some other guy working on it. The problem seems fixable.

Now it seems all the puzzles begin matching with each other now.

ltiv

member

Activity: 66

Merit: 10

Quote from: moribana on September 26, 2013, 03:03:15 AM

Quote from: ltiv on September 26, 2013, 02:35:57 AM

Quote from: dhenson on September 26, 2013, 02:32:26 AM

Quote from: ltiv on September 26, 2013, 02:28:37 AM

The lack of consumer confidence in this stock is amazing, if anyone wants to liquidate their stocks at $0.05 AUD or USD then feel free to pm me and we can work out an arrangement

. It's a much better offer then what's happening on the market right now Wink

Either my math is off or you are mistaken. Isn't .001 btc about $.125? And that would make your offer about 40% of the current price?

Nah, your math isn't off. It's just an intentional under-priced offer for those panic sellers.

So you mean, it is a much better offer for you, not the seller. Lips sealed

Spot on!

Puppet

legendary

Activity: 980

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Quote from: KCBitcoin on September 26, 2013, 02:41:56 AM

And thats why labcoin is hiring, as mentioned by TheSeven.

according to posted IRC chats, TheSeven wasnt even aware there was a 130nm chip, has never spoken to anyone working on it and knows nothing about it. He is also more a software guy than anything else.
But yeah, he'll fix it overnight, especially when the only guy who really knows the asic is gone.

Meanwhile theswede says "they will keep adding hash rate". and we are supposed not to laugh? The only way hashrate is going to be added is when their bitfury's finally show up.

BitThink

legendary

Activity: 882

Merit: 1000

Let's wait for the Americans to wake up and maybe one of them lives in San Jose, or even in ITU. It should be easy for ITU stuff or student to find out how to contact Howard Wang Zhenhua.

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: Bitcycle on September 26, 2013, 02:54:57 AM

How did this Linkedin profile just turn up tonight? Had no one searched for it before?

I've searched before, but there're too many Wang Zhenhua there. This one does not like a fake one. Everything looks right, and I can even see a endorsement for 'firmware' from my connections (unfortunately it is a 3rd connection).

moribana

full member

Activity: 167

Merit: 100

Quote from: ltiv on September 26, 2013, 02:35:57 AM

Quote from: dhenson on September 26, 2013, 02:32:26 AM

Quote from: ltiv on September 26, 2013, 02:28:37 AM

The lack of consumer confidence in this stock is amazing, if anyone wants to liquidate their stocks at $0.05 AUD or USD then feel free to pm me and we can work out an arrangement

. It's a much better offer then what's happening on the market right now Wink

Either my math is off or you are mistaken. Isn't .001 btc about $.125? And that would make your offer about 40% of the current price?

Nah, your math isn't off. It's just an intentional under-priced offer for those panic sellers.

So you mean, it is a much better offer for you, not the seller. Lips sealed

Bitcycle

sr. member

Activity: 420

Merit: 250

How did this Linkedin profile just turn up tonight? Had no one searched for it before?

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: Bitcycle on September 26, 2013, 02:37:41 AM

Quote from: BitThink on September 26, 2013, 02:20:21 AM

Quote from: Bitcycle on September 26, 2013, 02:15:27 AM

Quote from: BitThink on September 26, 2013, 02:13:05 AM

Quote from: KCBitcoin on September 26, 2013, 02:01:17 AM

Quote from: BitThink on September 26, 2013, 01:51:54 AM

Anyone has links in linkedIn to Howard? Maybe we can try to reach him and find out more about labcoin.

http://www.linkedin.com/in/howardwangzhenhua
His last name, bachelor education, master education, specialties and work experience matches the description in Labcoin's prospectus.

PS: Beihang University = Beijing Hangkong Hangtian University = Beijing University Aeronautics and Astronautics
PPS: Aeronautics = Hangkong; Astronautics = Hangtian

Thanks. What I mean is anyone has him in his/her 1st or 2nd connections, so he could be his/her friend or friend of friend. Then there's a chance for him/her to reach Howard and ask something about labcoin, as someone has done to theSeven.

Just call him. You know where he works.

Even I can find his number, I don't think he will talk with strangers about this.

Call the school where he works. Ask for him. If he answers at all, you know all you need to know.

http://itu.edu/index.php/academics/academic-departments/
No, it seems ITU will disclose stuff information unless you have an account to log in.

KCBitcoin

full member

Activity: 224

Merit: 100

Quote from: BitCsByBit on September 26, 2013, 02:34:40 AM

LOL @ buying.

Someone regretted the sale and decided to buy back the shares. Grin

So thats why everyone was so confident on this asset before.
->ASIC chips designed by a guy who got Honor of “Excellent Graduate”, by Beijing City

So the chips seem to have low change of failing. The only thing holding them back is the people working with the PCBs and other stuff seem a bit incompetent.

And thats why labcoin is hiring, as mentioned by TheSeven.

All the pieces seem to come together, and things become much clearer now.

This is actually quite interesting.

BitCsByBit

sr. member

Activity: 252

Merit: 250

Quote from: Bitcycle on September 26, 2013, 02:37:41 AM

Quote from: BitThink on September 26, 2013, 02:20:21 AM

Quote from: Bitcycle on September 26, 2013, 02:15:27 AM

Quote from: BitThink on September 26, 2013, 02:13:05 AM

Quote from: KCBitcoin on September 26, 2013, 02:01:17 AM

Quote from: BitThink on September 26, 2013, 01:51:54 AM

Anyone has links in linkedIn to Howard? Maybe we can try to reach him and find out more about labcoin.

http://www.linkedin.com/in/howardwangzhenhua
His last name, bachelor education, master education, specialties and work experience matches the description in Labcoin's prospectus.

PS: Beihang University = Beijing Hangkong Hangtian University = Beijing University Aeronautics and Astronautics
PPS: Aeronautics = Hangkong; Astronautics = Hangtian

Thanks. What I mean is anyone has him in his/her 1st or 2nd connections, so he could be his/her friend or friend of friend. Then there's a chance for him/her to reach Howard and ask something about labcoin, as someone has done to theSeven.

Just call him. You know where he works.

Even I can find his number, I don't think he will talk with strangers about this.

Call the school where he works. Ask for him. If he answers at all, you know all you need to know.

What are you going to ask him even if you get in touch with him?

As I said earlier, I'm sure he is not the only one who has the knowledge to assemble the miners with the produced chips.

Just look how many DYI projects are out there with Avalon and BitFury chips.

Edit: Sorry for repeating myself.

Bitcycle

sr. member

Activity: 420

Merit: 250

Quote from: BitThink on September 26, 2013, 02:20:21 AM

Quote from: Bitcycle on September 26, 2013, 02:15:27 AM

Quote from: BitThink on September 26, 2013, 02:13:05 AM

Quote from: KCBitcoin on September 26, 2013, 02:01:17 AM

Quote from: BitThink on September 26, 2013, 01:51:54 AM

Anyone has links in linkedIn to Howard? Maybe we can try to reach him and find out more about labcoin.

http://www.linkedin.com/in/howardwangzhenhua
His last name, bachelor education, master education, specialties and work experience matches the description in Labcoin's prospectus.

PS: Beihang University = Beijing Hangkong Hangtian University = Beijing University Aeronautics and Astronautics
PPS: Aeronautics = Hangkong; Astronautics = Hangtian

Thanks. What I mean is anyone has him in his/her 1st or 2nd connections, so he could be his/her friend or friend of friend. Then there's a chance for him/her to reach Howard and ask something about labcoin, as someone has done to theSeven.

Just call him. You know where he works.

Even I can find his number, I don't think he will talk with strangers about this.

Call the school where he works. Ask for him. If he answers at all, you know all you need to know.

ltiv

member

Activity: 66

Merit: 10

Quote from: dhenson on September 26, 2013, 02:32:26 AM

Quote from: ltiv on September 26, 2013, 02:28:37 AM

The lack of consumer confidence in this stock is amazing, if anyone wants to liquidate their stocks at $0.05 AUD or USD then feel free to pm me and we can work out an arrangement

. It's a much better offer then what's happening on the market right now Wink

Either my math is off or you are mistaken. Isn't .001 btc about $.125? And that would make your offer about 40% of the current price?

Nah, your math isn't off. It's just an intentional under-priced offer for those panic sellers.

BitCsByBit

sr. member

Activity: 252

Merit: 250

LOL @ buying.

Someone regretted the sale and decided to buy back the shares. Grin

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 192. (Read 1079974 times)