Possible outcomes in this Wednesday: (from the best scenario to the worst)
1, Labcoin provides a mining address and a signed message. There're 1 - 2 blocks mined there.
..
Considering that Labcoin have at least ~0.5TH of mining equipment from other vendors, including a few Avalons - quoted below, a signed mining address does not prove that their PCB and chips are working and hashing.. A mining address, technical specification of chip, proper photos/videos of setup will help on the way though.
We own and run several machines. checkout the team labcoin at btcguild
aren't these your avalons?
http://imgur.com/Eg7IlOwand what is role of Fabrizio in this venture?
Yep. they are.
Fabrizio Tatti is the majority shareholder and CEO of iTec-Pro Limited actually.
Cheers