Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Vigil
on 28/08/2013, 23:43:56 UTC
Did anybody miss this, here is the update. I thought there was no update until I just saw it on BTCT.

A note to the Swede you should have a section in thr OP where post latest update, delete old ones and replace with new updates instead of posting in the thread and it getting lost. Also a twitter account wouldn't hurt.

Status update: We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week.We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.

We all know that but see how the market reacts ? it's pretty funny  Grin
That is because so many people lost their asses with the panic sell due to TheSwede's comment. They can't get back in to buy. The Labcoin shares were centralized into fewer hands and they can now manipulate the price much easier.

Now they have the shares going back down to sub .0027 - its market manipulation.