[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 765.

physalis

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Quote from: yuansuyi on August 23, 2013, 09:38:39 PM

I think LABCOIN will get first test-run chips before Aug-28.

The Fab is TSMC Fab12 TMED87.
SZICC's TSMC plan
http://www.szicc.net/UploadFile/File/2013062714360271875007525.pdf

ITech's portal on SZICC
http://www.szicc.net/Portals/CompanyIndex.aspx?UID=227

You can find WangZhengHua's cell phone number in Google cache.

Good job, detective Cheesy

Quote from: Mabsark on August 23, 2013, 10:17:28 PM

Could someone explain what they even mean as I can't see any relevant data.

Scroll down, to the row where it says "0.13 um" (=130nm, which is the process we're using). In that row, you'll see a production that started July 24th. That is ours.
The next one is scheduled for Aug-28, which means at the latest then will the chips be finished (though I think probably sooner).
That's the way I understand it. Could be wrong though, I have not the slightest idea on how these fabs are run.

VolanicEruptor

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Activity: 392

Merit: 250

Quote from: Mabsark on August 23, 2013, 10:17:28 PM

Quote from: yuansuyi on August 23, 2013, 09:38:39 PM

I think LABCOIN will get first test-run chips before Aug-28.

The Fab is TSMC Fab12 TMED87.
SZICC's TSMC plan
http://www.szicc.net/UploadFile/File/2013062714360271875007525.pdf

ITech's portal on SZICC
http://www.szicc.net/Portals/CompanyIndex.aspx?UID=227

You can find WangZhengHua's cell phone number in Google cache.

Could someone explain what they even mean as I can't see any relevant data.

Amazing company.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: yuansuyi on August 23, 2013, 09:38:39 PM

I think LABCOIN will get first test-run chips before Aug-28.

The Fab is TSMC Fab12 TMED87.
SZICC's TSMC plan
http://www.szicc.net/UploadFile/File/2013062714360271875007525.pdf

ITech's portal on SZICC
http://www.szicc.net/Portals/CompanyIndex.aspx?UID=227

You can find WangZhengHua's cell phone number in Google cache.

Could someone explain what they even mean as I can't see any relevant data.

Bitcycle

sr. member

Activity: 420

Merit: 250

Well, someone's a believer. Lots and lots of buying.

hasher87

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Activity: 686

Merit: 500

Quote from: yuansuyi on August 23, 2013, 09:38:39 PM

I think LABCOIN will get first test-run chips before Aug-28.

The Fab is TSMC Fab12 TMED87.
SZICC's TSMC plan
http://www.szicc.net/UploadFile/File/2013062714360271875007525.pdf

ITech's portal on SZICC
http://www.szicc.net/Portals/CompanyIndex.aspx?UID=227

You can find WangZhengHua's cell phone number in Google cache.

brace yourself

yuansuyi

member

Activity: 210

Merit: 10

I think LABCOIN will get first test-run chips before Aug-28.

The Fab is TSMC Fab12 TMED87.
SZICC's TSMC plan
http://www.szicc.net/UploadFile/File/2013062714360271875007525.pdf

ITech's portal on SZICC
http://www.szicc.net/Portals/CompanyIndex.aspx?UID=227

You can find WangZhengHua's cell phone number in Google cache.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: physalis on August 23, 2013, 08:44:42 PM

Quote from: PeterB on August 23, 2013, 08:22:50 PM

I do own shares, but yes that is my concern. What the indicators?

The biggest one for me is the way they handled the IPO.
When demand for the shares was so high, they could have held the IPO auction-style and easily got double the money that they got.
Many people actually wanted it done that way, so they would have easily gotten away with it. If it was a scam, don't you think they would have taken all that free money?
Instead, they took the high road and did the most fair solution for the shareholders, getting only exactly the amount of money that they needed and planned for, which is exactly what an honest business would do.

+ fucking 1

boyohi

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Activity: 182

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Quote from: physalis on August 23, 2013, 08:44:42 PM

Quote from: PeterB on August 23, 2013, 08:22:50 PM

I do own shares, but yes that is my concern. What the indicators?

The biggest one for me is the way they handled the IPO.
When demand for the shares was so high, they could have held the IPO auction-style and easily got double the money that they got.
Many people actually wanted it done that way, so they would have easily gotten away with it. If it was a scam, don't you think they would have taken all that free money?
Instead, they took the high road and did the most fair solution for the shareholders, getting only exactly the amount of money that they needed and planned for, which is exactly what an honest business would do.

Yes. The way the IPO was going, it would have gone 0.003+ a share or more.

physalis

sr. member

Activity: 392

Merit: 250

Quote from: PeterB on August 23, 2013, 08:22:50 PM

I do own shares, but yes that is my concern. What the indicators?

The biggest one for me is the way they handled the IPO.
When demand for the shares was so high, they could have held the IPO auction-style and easily got double the money that they got.
Many people actually wanted it done that way, so they would have easily gotten away with it. If it was a scam, don't you think they would have taken all that free money?
Instead, they took the high road and did the most fair solution for the shareholders, getting only exactly the amount of money that they needed and planned for, which is exactly what an honest business would do.

PeterB

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Quote from: limbaugh on August 23, 2013, 08:25:32 PM

Quote from: PeterB on August 23, 2013, 08:22:50 PM

I do own shares, but yes that is my concern. What the indicators?

Nice due diligence.

Umm I understood the risks when I invested. I would like to invest more, but am looking for some more support. Unfortunately some of us have jobs so we can't read the 150 pages of crap to see the 5% of posts that are relevant.

arousedrhino

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Activity: 347

Merit: 250

Quote from: bobboooiie on August 23, 2013, 03:52:08 PM

As right as you are, this is not about that... They said they are going to do it and they didnt

They only said they would after enough sissy people asked about it. I see no reason for the shares to be locked, if we wanted that it should have been decided pre-IPO. It wasn't a term of the IPO so why should thry do it other than to appease investors?

limbaugh

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Quote from: PeterB on August 23, 2013, 08:22:50 PM

I do own shares, but yes that is my concern. What the indicators?

Nice due diligence.

PeterB

full member

Activity: 168

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I do own shares, but yes that is my concern. What the indicators?

physalis

sr. member

Activity: 392

Merit: 250

Quote from: PeterB on August 23, 2013, 06:32:06 PM

Do we have any pictures of the chips or any proof of their claims at this point? Not taking a side either way, just curious.

At this point, pretty much all we got is faith. There are some pretty good indicators that this is not a scam though, if that is what you're implying.

PeterB

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Do we have any pictures of the chips or any proof of their claims at this point? Not taking a side either way, just curious.

AngelSky

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Activity: 1008

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Quote from: boyohi on August 23, 2013, 05:44:57 PM

I wonder how many people will be pissed off at the missed opportunity they'd have with labcoin.

Nothing is done yet.

boyohi

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I wonder how many people will be pissed off at the missed opportunity they'd have with labcoin.

Luckybit

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Activity: 714

Merit: 510

Quote from: zefyr0s on August 23, 2013, 02:07:33 AM

Quote from: somestranger on August 23, 2013, 01:02:37 AM

Quote from: Vycid on August 23, 2013, 01:01:26 AM

Are you telling me that gold speculators don't have to pay capital gains?

They don't pay taxes on unrealized gains.

Correctly until they realize said unrealized gains. IE: when you cash out.

This is where bitcoin is going to go. You aren't going to be able to say someone owes a certain amount of taxes in their bitcoins. When they exchange bitcoins to USD or another currency it will be exposed to the taxation of that currency. Easiest down-the-middle I can think of.

Yeah, but what are dividends? Income? Capital gains? http://www.investopedia.com/ask/answers/12/how-are-capital-gains-dividends-taxed-differently.asp

demzie

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Activity: 266

Merit: 250

Quote from: dhenson on August 23, 2013, 03:37:07 PM

I really wish people would drop share locking issue completely. There are 100 different ways the owners could rip us off. There are serious risks investing in an unregulated market with an unregulated currency. If you want to focus on an actual important one, how about demanding a hashing meter so we know what the actual hashing rate is (not that it could even be trusted). Or perhaps published addresses were all hardware sales are deposited.

Complaining about locking shares is completely pointless. Stop, just stop, either accept the risks or don't.

Serious? Do ppl read? Their website will contain live stats..
Looks like im defending something and im not even getting rich.. Just putting my word against words of ppl who dont read..

If your going to invest?! Read! Yes 150 pages... Answers are there, dont go shouting in the wild..

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: CMMPro on August 23, 2013, 04:29:29 PM

Hold both...nothing says you can't have two lottery tickets.

True.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 765. (Read 1079974 times)