Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Luckybit
on 18/09/2013, 21:23:52 UTC
Of course anyone can create and sign an address, I do not expect this to do anything until the point that mining starts.
Finally!!!!  Some truth!

They are not mining and have not been mining since Sep 10, even though they stated otherwise several times!

If they would lie for more than a week about so simple as to whether they are mining or not, how can we trust them that any of the MORE COMPLICATED promises will be kept? You know, like locking shares, paying dividends, buying hardware, assembling hardware, and mining with assembled hardware??!!

This is, perhaps, the most significant piece of information of this whole thread.  Not only have they lied directly to the shareholders a number of times, they covered it up, and STILL don't have anything to show for the vast amount of money invested in this venture.
You caught him.

But that doesn't mean it's purposeful. It could be that mining just didn't work when they tried it and had to stop. They did mention that it wasn't very reliable.