I dont see anything special
Its a monologue
And who is this BC Foundation Josh?
I am "BCFoundation-Josh". This took place in QQ Blackcoin group when everyone was asking me what was going on.
Dear friends,
first take a look at this log leak.

Bitbay is pluffing about this Chinese as a great resource, but never willing to reveal his identity. this man is claimed have worked for Alibaba for ages, and have good connection to different major Chinese Exchange beside BTER.
Believe me many Alibaba employee are btc fans, they are most likely to verify it. but it is impossible, cuz if the identity of Chinese guy revealed, bitbay will crash even harder. The chinese group behind shitbay is well known scam maker. No Chinese gives a shit to them.
ppl will learn from shitbay.
let me tell you why. these organizers bought most of shitbay themselves. cuz no one give a shit to this scam. BTC turns back to their pocket and they can profit at any price with free premine.
And compared to counterparty and ethereum smart contract, David made a kid's toy.
This Chinese promised some btc to David, and some of you may know david ask for 30 or 50 btc for licensing.
Oh man, this again? I said this many times before that I did not know the full situation when BitBay came out with the announcements and Chinese Blackcoin investors needed an answer. David wasn't providing me with an answer until he had some things cleared up. After I figured out what was going on, we made a post in Weibo and elsewhere talking about David in BitBay. Blackcoin and BitBay are not the same entity but they are using Blackcoin technology. This technology exists because it exists in Blackcoin today.
However what I said in that post is true, developers don't get paid anything so this was a blessing for David.
What I will say is that I personally believe it is poor to tell people that they can peg this coin to $1. That is why I would never invest into it personally. However I will merely observe this as an expirement.