Labcoin could spend 2 minutes to clear things up. But as always they refuse to.
Crazy. Absolutely crazy.
why do you think that is? what would motivate a team that has lot all credibility to mine and earn money but not tell anyone about it?
what's the most likely explanation? those are not Labcoin's coins.
They already have the money. They have no incentive to care about the price of shares.
The only thing they should care about is getting their chips to work and figuring out how to mine with it.
If share prices drop that even might benefit them because "Cheap shares" for the CEO.
Believe it, he's fully capable of buying shares at cheap prices and using that language to crash the price.
But considering they have plenty of Bitcoins already due to having so many shares, if they would want to crash the price it reveals absolute confidence in their operation. If they were pumping the price then it's likely a scam.