Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
TsuyokuNaritai
on 17/09/2013, 14:56:51 UTC
That being said, burnside confirmed last week that they hadn't dumped, yet.  He also confirmed that they never requested the shares to be locked.

Burnside confirmed that 85% of their shares were still there.
That means 15% are gone - that's 450k shares.
Lets say they were sold at ~0.0035, that's 1575 BTC.

Please don't use what burnside confirmed as if it was a good thing.
Burnside didn't say they'd been sold, he said they weren't held in the account he associated with Labcoin.