WOOHOOO ANDERL'Z A-T ANNOUCEMENT BREAKDOWN!All aboard the pain train!!!Greetings Batch 1 Customers!
Like all of you, we are not satisfied with the delay and have decided to do something about it. We refuse to allow the investments of batch 1 customers to be anything other than a success. We want to reward you for putting your faith in us, especially considering batch 1 hasn’t turned out how we all hoped it would turn out last year when we started. We want to rectify this situation, as well as learn from batch 1 going forward.
I assume they will be telling us how they are rectifying the situation that they have no miners and will not be shipping tomorrow below. I'm also gonna assume they will tell us what they learned from this experience and n00b management of a manufacturing company. OOOOOOh!!! I can't wait!!!It should be noted that this delay was out of our control, and we were only able to provide an update to customers after we had received feedback from third parties.
Nice we are going to start by blaming all the third parties. Well screw Drexel and Global Foundries. Those bridges are already burnt. Let's just bomb them for good measure so we can never re establish relationships with them. ASIC design and manufacturing plants are a dime a dozen. After obtaining this information, we were able to give a definitive statement as to the extent of the delay. The issues causing the delay did not occur overnight; they were a series of events that we tried to resolve and had to investigate first.
It was a gradual destructive process. My guess is it spanned over months. That explains the two directors of this family operated business just walking away so quickly. Things blow up so the books are farked. No point in trying to maintain them after the debacle starts.What I like is how this open and transparent ethical company decided to not tell anyone about what was going on over the series of events. Maybe the word transparent means something different int he Queens English. You know like chips. We call them fries.
Only after we were sure of the impact on delivery did we release an announcement (We had to be 100% certain as this was news that will negatively impact us as a company).
BWAAHAAHAAAAHAHA!!!!1 OMG!!! THis is rich. Only after we were sure that this "series of events" would impact delivery. You know the delivery in July? After all by some miracle chips might materialize from heaven, or a UPS delivery truck shipping KNCminer chips could have crashed and dropped a box at our door. Or maybe just maybe we could come up with some real good bull@*$t before August 1st.
Plus we want to be sure that there was nothing to salvage. Wait until eh series of events burns completely to the ground so there are just ashes that cannot be salvaged. Then.. ONLY then will we announce that everything if farked is total transparency. After all we could not intervene in this series of events. We were only spectators. If we involved ourselves that would make us complicit.In light of these events,
Because we were blind to them before.we as a company saw 2 possible roads here, where we can leave things as they were, with unhappy customers, or go out of our way to truly appreciate the fact that we were able to start because you put your faith in us.
Wait so their only two options her was to F^&! the customer by leaving things as they were and say yup we tried but we were incompetent and its your fault for believing in us or...."GO OUT OF OUR WAY" to truly appreciate... ..you put your faith in us.Did you read that? Yes read it again sloooooowwwwllllyyyy. They are going out of their way to appreciate your faith. Yeah that means what it means. Normally they do not appreciate your faith in them. This time they went OUT OF THEIR WAY from their usual shafting of customers to finally appreciate you. What an honor for you customers. You should be so greateful!!!!! LOOOOOOOOOOOOOOLLLLLLLLLLLL!As such, we have decided to fully commit to our original commitment of transparency, an ethical open approach and your ROI. With this in mind we have also decided to un-ban everybody who was ever banned from the forum, and apologize if you felt it was unjust. We can now put all of this negativity behind us and move forward together.
Yeah we FARKED up with this transparency thing, so we are going to be transparent again. No we mean it this time we are going to be REAL transparent. Yeah yeah we promised ot be transparent before but we didn't really mean to be. Those were just words. But now with things hosed like this we are going to finally commit to it. Don't worry baby, we are going to change this time. Really.......
You know I didn't really mean to shut you out. I didn't mean all those nasty words I called you. I'm different now. I'm not the @$$hole I was before. Look I'll even give you back the keys to my apartment. Just please have me back. We can wipe the slate clean baby. All those hurtful things I called you. Water under the bridge right? You know you love me. I got what you want......We are well aware that our customers are worried that some competitor companies will be releasing devices around the same time as us, and they may struggle to achieve ROI. In order to overcome this worry and provide the customers reassurance that we are in fact an ethical company and are genuinely striving towards serving our customers, ....
WOOOOOHOOOOO!!! Alright!!!! Here is comes.... get ready everyone. A-T knows you are farked for ROI because they are going to break their terms and ship well past they date in their terms of agreement. So with the pain it will be to achieve ROI you are going to get PAYD!!!! They figured out a way to give you more ROI!!!! SO what is it. Cloudhashing!?!?!? BYGOFREE?!?!?!?! Freeminers!!!! Oh they are going to cram more chips into the Vipers.. YEAH!!! 1GHS Vipers for everyone!!!!!!!
we are proposing to give up a 30% stake in the company to our entire batch 1 customer base.
WHAT.... THE.... FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU.... ...................Our proposition is that you will receive the miner as well as a shareholding in the company (depending on your order). This is still being worked out, so you can expect more details very soon.
Oh great wtf is this crap!!?!?!?! And they are still figuring it out. So what?
Are they just pulling it out of their ARSES right now!!?!?!??!!? Great soon. SOON. SOOOOOOOOOOOOON!!!!Also, please note that our Mh/s to power ratio for batch 1 is still one of, if not the, best on the market
FARK you!!!! Vipers are NOT "on" the market. They are vaporware. Best "ON" the market are Insilicon. You got jack SON!!!!and many of our competitors are still yet to ship
You know who else has yet to ship?? or even announce shipping dates. So this would mean that as long as Alpha Technology is making money, batch 1 customers are making money.
Haaaah!!! Good luck batch 1 customers..... That is all that needs to be said.... If you don't get any voting rights, the Akrahm scammers can just pad their salaries so the company makes ZERO profit. As long as ALPHA TECH looks like its not making money!!!!Bear in mind that we are talking about turnovers in the millions for our company;
Yeah they turned over millions. Only thing is in hasn't turned back to them. Pissing in the wind. Now they are going to start feeding the pipe dream. Here they are pulling out the fishing rod and hooking the bait...hence you are truly being rewarded for your investment and faith in our company.
I like that word faith. It means belief without factual evidence or against factual evidence. When people start asking you to have faith? RUN. All thei rsupportive eveidence is GONE. All they have left is your hopes, prayers and FAITH.This should go without saying but just to be clear, please note that only customers who have paid their orders in full
And SPPPPLOOOSHHHH!!!!! The line is cast. Now to hook the fish.... will receive this offer; any unfulfilled orders will be cancelled and subject to our cancellation policy as highlighted in our terms of order (which we have been completely open with since the start of this endeavour).
OH DAMN. The last FARK UUUU to ythe customer. You are with us or against us. If you don't commit to your orders then we are seizing your funds completely and terminating your orders.
Never mind that we would only request the 70% when we had proof of a prototype.
Never mined that we would only request the 70% when we were 8 to 10 weeks from shipping.
Our NEW NEW terms are that if you don't pay the remaining 70% now not only do you not get shared but we are just shutting you down. No credit card processor when we are ready to ship. No more false promises. We are just taking the money and running...
Oh and I like how they added that they were completely open with these terms from the start. You know, they never changed the terms after all. Just so you know we will reinforce it with that statement so drill it into you just in case you have doubt and what to start looking for the old terms.This is a course that many want and have been calling for with these types of projects. Not just with ASIC companies taking pre-orders, but it can even be seen in other industries with the advent of Kickstarter and similar projects. A great example of how it should not be done being Facebook buying Oculus for $2 Billion and those original backers naturally not receiving a dime of that money. Many have called for this fair approach and yet companies don’t answer simply because they don’t have to. People fund them regardless, as has been the case with us, and yet here we are offering this to you in order to prove our commitment to you. Most companies would have taken, and unfortunately have, taken the other road.
So to prove that what we are doing is ethical we are going to cite some recent events in the news that are no wheres near related to what we are doing but you aren't going to actually do the research so you are jsut going to accept what we are saying from this presentation of false expertise.
Most companies would have just take your preorder money and given you no stake in their company. I know of one company in particular as an example was this ASIC manufacturer that was designing their ASIC since May 2013 they was never going to give up shares of its company to the commoner customer. They only did it as a last resort when the company was going to fold after they farked up their chip production. You see we are not like THAT companyWe’ve seen and spoken to people in the Bitcoin market whose companies started just like ours: obtaining their investments from first batches, but contrary to us would then proceed with becoming rich enough to simply mine themselves, while not caring about the people who got them started in the first place; only for dominating the market alone. What this shareholding effectively does, is make our customers an integral part of Alpha Technology by being partial owners of the company.
I'm waiting for the edit when they add the disclaimer to that last statement. Does part owner mean completely open books. Do all part owners get voting rights? Do part owners get to sell their shares in the company?This ensures that, no matter what happens, all of our batch 1 customers WILL get ROI one way or another as long as we are in business*
And there it is. DISCLAIMER!!!!! as you will have full right over issues of dividends forever. Considering how we have survived and thrived, despite the madness that has been batch 1, the odds are very much on our side, most would have broken under this pressure and looking for their first way out and yet here we are as such rest assured we plan to be in this business for the long term. You will also of course be given your say in decisions made by our company, by way of discussions and votes on our forum. We will in fact be having a vote on our forum very soon in regards to this issue, to see if most of you feel the same way as we do: and whether or not you are happy to proceed with this. We will email you the timeframe at which the vote will take place, and link to the vote very soon.
So how are they going to do this?? If they are REALLY open and transparent it will be a poll that is publicly view able but only customers can vote on. IN FACT if they were REALLY ETHICAL they would put it in the hands of a third party that would manage the poll so that Alpah Technology can't pad the numbers. After all WTF does it matter if you vote or not. IF the cronneys at A-T want this to happen it doesn't matter if all of you are for it or against it. A-T will just make it look like everyone is in favor. Look SADDAM Akram got 99.9% of the vote for the distribution of shares!!!!! All hail the loving dictator!!!!If it is positive, we will put this proposition into practice and commence with all the legal paperwork. This proposition is something no other company in the crypto-currency industry has ever done before,
because it is STUPID and only exemplifies your incompetence. despite past and present problems and complaints with delays in their projects. We want to overcome this and give our customers something back for their faith and patience.
As long as you allow us to change the terms of the agreement so that we do not have to have a prototype before asking for 70% and do not have to ship 8-10 weeks after we asked for the remaining 70% because we are FARKed if that is the case.
Under the current circumstances, this is the best solution for all. If we were to increase hashrates further: it would push back shipping from September, and everyone will complain again asking for increased hash rates for this first batch, and as a consequence: this cycle would continue as we would have to redesign the miners over and over again, which wouldn't help anyone. Not to mention that it would be an exhaustive, inefficient and unrealistic waste of funds.
Trust us we figured this out. Don't mind we do not have any supportive evidence of this. Just believe us. Have FAITH. What we outlined is the ONLY option. Take it or you get NOOOOOOOTTTTTTTHHHHHHIIIIINNNNNGGG!!!!!! We aren't threatening you. We are only suggesting a single course of action that we say is the only option where we don't take all your money and you get nothing to show for it. But its your choice.
We have done all we can and more than we needed to for batch 1 and we hope this does not go unnoticed by you. The same can be said for a discount; we’re sharing but, and sorry if this is too candid, we’re not stupid. Also, if we were to offer cloud hashing to customers, it would take a tremendous amount of time and effort to set up and have it running efficiently. On top of that, the hashing would only be temporary until it was not viable anymore; and we sincerely doubt you would be pleased with that. Cloud hashing is being explored, but not given any priority at this time. Another suggestion from customers was to ship extra miners for free from cancelled orders, this also is not viable as there wouldn't be enough miners to give everyone the extra miner.
Oh and all the other ideas the customers had. Yaeah they are crap too. No when we SAY you have ONE options we really mean ONE option. We are ready to tank the entire company if you don't pick the "recommendation" we presented. We will not entertain and details surrounding the other options. Again. PICK THE OPTION WE PRESENTED WHEN THE VOTE IS UP!!!!!1There will however be cancelled orders,
Like we said we are going to terminate a bunch of clients funds and keep the funds and not deliver on then against the original terms and conditions. So we are going to make those miners available to YOU. Yes YOU!!!and one possibility with this proposition is to set up our own mining operation immediately after shipment. Of course you will receive profits from this, proportioned to your share with the company, or we may simply just sell the miners. In any case: we will discuss all of this with you and you will profit either way.
And we have many more pipe dreams if you vote the RIGHT way. The ONLY way.We have secured key contacts in this industry, and hold a big advantage over any other crypto-currency company out there; this is a fact.
LOL. If you have to "say" its a fact, then it is NOT a fact. That is classic interrogation analysis to spot fictitious statements. If you have to reinforce your statement with another statement it is probably a lie. Its like saying. The sky is green..... trust me. The sky is green... that is a fact.In the near future alone, our batch 2 miners will be something special. They will be highly profitable and (bearing in mind all that we have learned through this process) we can’t see how they will not simply be the best on the market
DISCLAIMER.... Unless another "series of events" that is out of our control happens. "we can't see how they will not" where have I heard that before??thanks to an engineering advantage which would be foolish for us to share right now, but you will know in due course.
We have special secrets that will make us dominate the industry, but we cant divulge them..... trust us.We also have very ambitious and extensive plans for the future of our company, but we also want to listen to all of your ideas and thoughts so that we can use your input as well and work together on this in order to, hopefully, be on the cutting edge of the crypto-currency industry. We are giving you the opportunity to take that slice of the pie which you duly deserve, as you
stopping here only to emphasize the next few words..... (and a little bit of us)
OH THE SELF ADULATION!!!!!! The egos on this diluted MORONS!!!!! They really think that they had nothing to do with this. That they have been SO AWESOME in not shipwrecking the company and losing ALL your money. You should PRAISE them!!!!!!!! are the reason Alpha Technology made it this far. We are currently in conversations with our legal team and accountants,
You know the same famous international legal firm that told us that mining is a business activity per the HMRC as long as you do not read the part that says that an individual can be a miner too.and will be drafting up the proposal in detail and send out the relevant paperwork to the customers. With this proposition we hope we have demonstrated to you that you are highly valued customers
Yes this shows you are highly valued. Not that we failed to delivery your miners on time. Not that we did not show you a prototype before we asked for funds, not they we hid all the problems that happened over the last 2 months. Not the part where we banned a bunch of you. Not any of that. This.... this part is where we show you your are valuable to us. and that we are truly in this market for the long term. We genuinely care about our customers and we want to actively help you not only making money from this industry but also, hopefully, contribute to it. We will of course disclose key information and documents to you with regards to our company in due course; the capacity and method of this is still to be determined, as we obviously cannot rush this due to its sensitive nature.
We are now all moving forward together and we are sorry but it must be said that constantly and unconstructively criticizing or trying to undermine us will only hurt yourself.
So if you have any negative comments or do not approve of what we are doing, don't say a word (we will probably ban you again). Unless you constructively vote in favor of this don't bother commenting on it or even voting. After all if you fark what we are doing up we are going to tank the whole company. Instead, we must be constructive and collaborative, as you and your funds are in this with us.
See we are alreayd committed to voting in favor of this direction. So just give us the money so we can start this bandwagon rolling again.Just as a reminder what has happened since the start: you pre-ordered a product, then competitors arrived on the scene. In order to secure your loyalty, we increased the hashrate to 90Mh/s which is fair enough, then we took final payment at 90 (if we were any other company: chances are we would have and could have stopped at this point, that is a fact.), we then decided to increase to 250Mh/s despite the fact we didn't need to. We delayed and despite the fact our terms give us leeway in this: for the sake and in the interests of our customers we still decided to go yet another step further by giving you shares of our company for the rest of its existence without the need for you to spend an extra penny or work for us hence there is no catch this is technically something for nothing in so far as what we are legally obliged to provide you (although, in this situation: it would only make sense to purchase your future units from your company, as you will receive profits back similar to a discount. It would also make sense to contribute to the company as much as you can in whatever capacity you can; as you would be directly helping yourself). All this on top of free shipping for batch 2 and 10% off any future batch of your choice; this is an unprecedented level of customer service.
What more to do want from us. We gave you EVVERRTTTYYYYYTHHIINNNNGGG...... up to a point. We can't give you any more. We can't be competative with all the other manufacturers. We farked up and they are already beating us. We can't compete for value. You can but the same hashrate we are offering for for less than the 70% you own and get delivering in less than 5 days. We won't because to compete with total hashrate. KNCminer and GAW are going to destroy us in only 6 weeks. All we have is the shares in our company.We sincerely hope that you will appreciate our efforts
Yup this is the most sincere letter I have ever read in my life!!!! {sarcasm}to go the extra mile for you and that you will appreciate the offer we’re making to you. We want to thank you for your patience, support and investment in our first batch. We hope you will continue to support us and we promise we will continue to value your custom and input.
I guess that means no more banning. You can post anything you want on the Alpha Tech forums. WOOOHOOOO!!!! Open season. We are really excited about the future of our company in this industry and we hope that you will join us in our excitement.
Thank you and we’re looking forward to be hearing from you!
Kind Regards,
Mohammed Akram
Director
(alhough according to amex I still have a shot at getting my 30% down payment on a vyper 50mh back)
