UPDATE:

I have taken the longest nap of my life and will be communicating with the Labcoin team today. Before anything I figured I would to the best of my ability answer a few questions that have come in from PM. So here we go!

Q: Can we expect regular updates on less than weekly basis?
A: Yes and No. I think weekly updates is what can be expected on average. I will attempt to keep up with the thread and answer the questions I can as they come in. Obviously there will be periods (first-run, production start etc.) that will be very update intensive, and other periods (prob the next few days) that will have less 'news' as things happen behind the scenes (BTC - FIAT conversion for first run, management projects etc.)

Q: How do you plan to convert 7000 Bitcoin into fiat? No need for full disclosure, but this question is critical.
A: I am not privy to the exact nature of this but I can say that the BTC will be sold outside of the open market in China. I do believe there is still some discussion around if ALL 7k should be sold ASAP or if a portion should be held for dividend payments etc. I believe the reason for the Chinese sale is that not only would it be somewhat cumbersome to move a large amount of fiat between western exchanges and Chinese accounts, but also the fact that Bitcoin (don't quote me on this) actually is quite a bit more valuable on average in China then on many US exchanges.

Q: Please send a dev over to discuss the technical questions about the chip specifications?
A: This is going to happen shortly (I am guessing after the weekend, early/mid next week). I have already talked to Sam about someone from the Development team doing a Q/A session and also for Founder Fabrizio to visit the forum and take questions.

I will be visiting this thread at least once every day (unless I am without computer. Yes it happens that I go fishing or something 'out of range') to check in on the discussion and answer the questions I can.
Here is to everyone having a great end of the week, and a fantastic weekend.