Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
kleeck
on 12/09/2013, 00:56:08 UTC
I have gotten a few PM's and just wanted to show up and ensure people that I have not disappeared. I talked to Sam and there will be an update in the next 48 hours.

I am traving but will coordinate with Sam and update the forum, blogs and other news sources as we have info.

TLDR: not dead, info coming. I meant to update earlier but have been somewhat out of Internet due to travel.

Wickedgoodtrader's point is that this was made since then:

As 'usual' when the share price moves I get a lot of PM's. Nothing has changed, and as usual I will not give out any information via PM or trade based shares based on any 'non public' information. Of course I have no clue why the share prices moves up or down, but that's just the market.

I guess I could also mention that the speculation that Labcoin somehow has been mining since mid-August "without telling anyone" is a 'little' funny as you can probably understand that Labcoin has all the motivation in the world to publish has rate etc. with 30% of the company being held by the founders.

However, if the Labcoin team somehow has developed a method that allows them to mine with ASIC before miners are actually constructed I would assume that to be very positive news (<- Joking)

The website will according to Sam be updated 'soon' and I am hoping to have a time for the launch of the redesign/functionality shortly.

Which he thinks was the update mentioned in your quote. I think it's pretty obvious that isn't the case. Notice that even in this announcement of an announcement we see the infamous 'soon'. Looks like LC is taking its shareholders deeper down the 'soon' rabbit hole.