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October 29, 2014 5:57 PM PDT
The 1BitCoin Network "launch clock" has been reset, after counting down to zero with lots and lots of hype, but not a lot of launch.
New launch time set for one day, 13 hours from now.
No press release, no explanation for the delay.
Who is running the show over there?
October 31, 2014 8:05 AM PDT
The clock ran down to zero again today without a launch.
This would be pathetic enough if it was just a run of the mill MLM deal. But it's not - it's a publicly traded company, and the launch is being hyped to investors.
November 6, 2014 4:52 AM PST
Interesting,
So because it is publicly traded, this makes it a real deal? Sounds more like a pump and dump deal to me. PERIOD When these pre-launch deals are hyped up to the max, and then never launch is sure sign they are just another BS start up. PERIOD
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November 6, 2014 7:45 AM PST
Of all the pitches used by businesses to imply a certain MLM is asound business deal, I've always found the "It's a public company - so it MUST be legit!" to be one of the weakest.
This deal already looks dead. The site finally launched, but the only activity is internal - something like 30 classifieds listed by two people, including the COO Barry Lyou with his personal number attached - nothing to indicate any traction or traffic.
When the stock doesn't "Pump" on pre-launch hype, these deals tend to just wither and die. There's typically no operating capital and unless the company can pull of a public offering for operating revenue, it's usually all over. And with a stock trading at .004 cents per share, not many investors are going to want in on a public offering.
Just my opinion, but I've seen this so many times before it that it's like deja poo over and over and over again.
