Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Vigil
on 12/09/2013, 04:14:52 UTC
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.
Broken promise #10 or #20 or somewhere in between.
don't you think the grammer is strange?
we will be publishing pictures of the installment as soon as we are able to, before that, mining will start.
No, I don't. It says we will publish pictures before mining will start. Why would you not be able to provide pictures until after mining? That would not be "as soon as we are able too". As soon as you are able to is as soon as the boards are done or even some assembly pictures would be nice. That is what most people do. Go look at BKK's thread on Klondike development and testing. He didn't have to wait until it was all done, he posted update photos. Go look at any other forum where projects are done by the members or DIYers - they post progress pictures to show people what is happening. Otherwise it didn't happen, it is vaporware.