Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
E.Sam
on 01/08/2013, 15:56:55 UTC

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.


Good news. I think this is has to happen ASAP so as to get technical questions answered and put investors at ease.

Q: How do you plan to convert 7000 Bitcoin into fiat? No need for full disclosure, but this question is critical.
A: ... 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. ...

Please establish and communicate a policy around this ASAP. I do NOT like to see investor funds being used for dividend payments, the money is there to grow your business, not to placate the shareholders.

+1