Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
rustyh17
on 28/03/2014, 19:51:18 UTC
Lab_Rat, thank you for the feedback regarding your talks with legal counsel. Do you have any idea of the time frame
for completion of your IPO revision proposal?

When this change was announced on 08/MAR/14, things got really uncertain, really quickly. It is now exactly 20 days
later and a lot of FUD has destroyed bond valuation and confidence in LRM as an unregulated security.

countduckula's points of interest are completely valid from an investor perspective. People do not normally jump immediately
to consider the worst, but this is not a market with regulation or oversight. What that does is force investors to continuously
conduct their own due diligence and perform a running risk assessment of this asset. We are attempting to regulate this
asset ourselves. The real problem is: ZERO INFORMATION = UNLIMITED RISK!

Solve the ZERO INFORMATION problem and you'll go a long way toward pulling this security back from brinkmanship.

My base question is, "Are you going to provide a solution that honors the original IPO agreement and acts in good faith to
maximize investor return on investment?"

That's really all I need to know. I'm not sure how or why answering that basic question (in no uncertain terms directly from
your fingertips) increases your legal liability on this asset. Can you answer that question or are you truly directed by legal
to say nothing?