Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
TheSwede75
on 29/09/2013, 23:47:17 UTC
I just wanted to visit real quick and let people know that I will not be moderating or participating in the IRC Q/A. I was for a long time, and would still be happy to relay news for Labcoin but the fact is that I have had very little to report lately and had to withstand quite a few accusations from several people on the forum.

Without information to provide, and having been put in a situation where I had to "break my word" several times to simply to lack of communication i have full understanding that investors and the public in general is upset but the fact is that I have never had any inside information on the project and have always just attempted to relay the status and information that I have been provided with.

For what it's worth I still don't see any reason to believe the project is a Scam and I myself have not, and do not intend to sell the shares I own.

This post is not means as critique towards Labcoin, but I feel that to regain confidence the Labcoin team themselves need to answer the questions from the forum directly so that there is just no possibility for any misunderstanding or miscommunication.



Prove it. Make your portfolio public. If you do not then you've done nothing to change the opulent perception the community has of you.

I own other shares then Labcoin and prefer not to make my portfolio public, but to give some insight I can say that I currently own 30.000 shares in Labcoin at an average purchase price of around 0.0027.

Given that I purchased shares in the IPO and did sell some several weeks ago I will likely still end up making some Coin but I can assure you that any idea that I would have made anywhere even remotely close to 900BTC is absolutely false.

As for holding the shares still, I feel that the Project still has a chance of turning a bad situation around. Only time will tell if I am correct of course.