Quote from: creativex on September 10, 2013, 09:03:54 PM

Quote from: aquarius on September 10, 2013, 08:57:54 PM

Quote from: creativex on September 10, 2013, 08:50:48 PM

Quote from: mightaswellallowanonymous on September 10, 2013, 08:38:14 PM

Burnside needs to lock this security immediately.

That likely wouldn't help investors' whose fund are already tied up and might do more harm than good.

You're absolutely right and I agree with you. LC is not playing it straight for every reason you just mentioned.

Labcoin said there would be additional information "in a few days" or some such, I believe was the term used. TheSwede75 followed that up with a 48hr time frame attached to additional updates. I see no harm in letting this time table play out.

as long as you are the first person to sell off your position if the time table does expire, in the event of continued no proof of hashing/production.

Very seriously doubt it. They've already failed to do the things mentioned. They cannot fail moar at these things. Many many are aware of their failures and the shares are still up 250%. May I ask why you think this time will be different? Particularly now they've set a date to begin paying dividends? As I recall they also suggested they'd be at approximately 4Th/s by next Monday. It doesn't seem like a great time to sell for what they should have done and did not do weeks ago.

Sorry but I cannot just base my investments on trust of promises given by a person/s I have never met nor have any references of credibility on.

I had a decent position in labcoin up until today. when too many alarm bells were going off.

Empty statements and not showing proof when promised is enough for me to get out.