Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
minerpart
on 27/09/2013, 21:18:42 UTC

A federal judge ruled that two Florida penny stock traders who issued unregistered shares of the defunct Universal Express must pay fines of $14 million and $5.3 million.
http://www.bizjournals.com/southflorida/news/2011/09/19/universal-express-penny-stock-traders.html

Whether or not they fix their asics wont change a thing about that. But of course its not only labcoin running that risk.

Another excelent post tonight. So you are saying even if this company now start to Hash away as they promissed and meet their deadline the court cases launched by ripped off share holders/SEC investigation will see ALL of their balance sheet profit paid out in fines. So essentially this company can NEVER make a profit. If they do Hash the proceeds will be taken away in fines.

Good news for all. Read, and please TAKE NOTE.