Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

I am expecting a statement about this from 'labcoin'. There's no way to hide this news any more. The chaos caused by the leave of a key technician is understandable, but it is really important for us to know how they handle it and whether they have found a good replacement.

I'm not worried about them responding, I'm worried about them telling the truth when they do.

They have to respond or their precious stock price will bottom out.

Whether or not the stock price crashes depends on the move to a new exchange, right now people are panicking whether or not to keep their stocks since there have been no news about a potential new home for Labcoin. Direct shares are good but given the amount of shares sold 7m including 3m (.75 left .25 sold), it would be extremely difficult to manually distribute dividends (assumption). Obviously with that stated, any news of a new exchange given confirmation by labcoin himself would see a rise to share prices as they were before the notice of BTC-TC closure.

Consumer confidence is at an all time low with the slow response of a new exchange, that's obviously a given.

The low price isn't solely bcz of BTC-TC closure, it's more bcz of their broken promise again.

Quote from: TheSwede75 on September 22, 2013, 12:53:18 AM

UPDATE:

According to Sam, more hash rate will be deployed daily.

so "any news of a new exchange given confirmation by labcoin himself would see a rise to share prices as they were before the notice of BTC-TC closure." will not happen.

Each to their own opinion. I only speculate on nothing more then the closure of an exchange with what I've written. Consumer confidence is highly depicted on the stability of an exchange, which means securities benefit if an exchange is stable.
It's true that they've failed to deliver in the past given their promises however if we take the recent dividends payment into consideration (which isn't much) and the fact that they've started hashing (which has dropped out of the listing numerous times). You can safely assume they've started 'something' with their operations.

I am nothing more then a person with an interest in this company, anything I say is entirely my own opinion which may or may not differ from the rest of the stakeholders.

If you are a new comer and haven't touched their stocks, believe me, it's better to keep way from them.

To be honest, there's not so many people here who are still have full confidence with them. We are just too late to leave. You know the price was once as high as 0.004 and most of us could sell that time but did not. Some even bought at that time.