Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
keepinithamsta
on 01/08/2013, 17:10:52 UTC
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.

I'm dumping my shares.  Talks about operating the security as a ponzi scheme should not be taken lightly.  This is exactly the type of publicity we don't need in the BTC security marketplace.