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Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 142. (Read 529096 times)

hero member
Activity: 728
Merit: 501
if they manage to climb out of this hole and ship, i will applaude them. all it takes is honesty, we have been delayd because of.....
legendary
Activity: 1316
Merit: 1014
ex uno plures
legendary
Activity: 1316
Merit: 1014
ex uno plures
I wonder how many of Akram's accountancy practice customers were funneled into Alpha-T pre-orders as 'investment' vehicles ?

sr. member
Activity: 433
Merit: 250
Anybody catch this thread? https://forum.alpha-t.net/index.php?topic=788.msg5530#new

Once again Fiaz has time to argue with customers and like posts while the shipping update slides another day. Although I take my hat off to him, he's taking BS to whole new levels.

Quote from:  Fiaz Malik on: July 25, 2014, 10:50:35 PM
Quote from:  forceflow on July 25, 2014, 10:18:39 PM
Quote from:  FreeJack on July 25, 2014, 09:48:45 PM
Re: [SOLVED] Where is our update?

« Reply #30 on: July 25, 2014, 10:50:35 PM »
You're nitpicking and finding reasons to be infuriated when you really have no right to be. Alpha Technology has not missed their initially stated target. They have increased the hashrate of the devices tenfold from what we agreed to buy at the outset...and they were under no obligation to do so, except to stay in business and deliver the product.

I'm sick of people saying Alpha is saintly for giving 10x hash.  If they didn't, they would've gotten flooded by customers demanding refunds when they could've recovered 75% of their 30% payment (making for a marginal loss).  Alpha did the 10x increase BECAUSE THEY HAD TO.   It was pure calculated reason.   I suspect that part of the delay is because the chips are nearing fab (hopefully) AND because they know they may need to do more since they are now past their worst case scenario and their main selling point and thrust was "first to market."  So, I believe you are wrong when you say they didn't have to increase the hash or compete.  They did and still do.  The terms and conditions aren't the only things, there are written promises in advertisements (posts on this forum and news announcements are all considered advertisements).  They will be held to those statements as much as their terms and they promised to be competitive.  People invested relying on that and other statements.  Those aren't throw away statements.

As far as hiding their info, I was commenting on the entire picture of their removals.  I was the first poster on ltctalk calling the crazies racist for their crap and trying to publicly call them out.  I do not support that but its the cost of doing business.
Fiaz Malik
Administrator


« Reply #30 on: July 25, 2014, 10:50:35 PM »
I am sorry but I have to take issue with your post as you are completely wrong. I have said this before and I will say it again as I don't think it has been said enough and I don't think you understand the cost of such a significant upgrade compared to the perceived 'benefits': An argument can be made that we 'had' to increase to 18/90 to match competition at the time but none can be made for the increase to 50/250, this was done AFTER final payment once we knew we had the funds to do so and it was purely goodwill on our part in order to keep our customers loyal for future batches. Even if for whatever reason you don't see it that way, the fact is it was still done at our expense.
SO while his customers are waiting for an update he finds time to spread more lies and misinformation. The actual sequence of events was this:

May 22nd Alpha ask for final payment. Customers complain about the lack of prototype. Fiaz announces there will be no prototype. Payments dry up.( https://forum.alpha-t.net/index.php?topic=330.msg2875#msg2875)
May 27th. JUST FIVE DAYS LATER. Alpha announce they are upping the hashrate to 50/250mh/s (https://alpha-t.net/news/performance-increase/) No CC processor is in place. Payments dry up.

So how Fiaz can say with a straight face, the increase was done after they knew they had the funds and was a gesture of goodwill is beyond me. The guy just doesn't know when to stop bullshitting.

Its clear things are imploding at Alpha, the father and brother are desperately trying to distance themselves from this car crash. They have both removed themselves from the Alpha about us page, which the were on just a few days ago. http://web.archive.org/web/20140702185646/https://alpha-t.net/about-us/team-2/

The team now consists of:
Mohammed Mubasher Akram (Managing Director and Operations Manager). Incompetent and liar.
Eric Gunn (VP of Asic Development) Nowhere to be seen. Probably an external paid flunky
Fiaz Malik (Customer Manager) Incompetent and liar extraordinaire
Liroy Van (IT & Server Specialist) Idiot and lair

Alpha are giving their customers the big FU. It's blatantly obvious they are incapable of running a bath let alone a company. I would suggest anyone who wants to stand a chance of getting their money back start NOW. If you wait too long you will end up with nothing.

I would also suggest you flood their father's and brother's Accountancy business with complaints. They are both liable, as they were directors and lent their names and reputations to this enterprise. If their brother wants to lie and cover for Alpha so be it, but he should realise there is real peoples money at stake and he has a responsibility to aid in returning it, otherwise be tarred with the same brush. If Fiaz and Mr Akram Jr don't want to answer their customers maybe their father or brother will. They can be found at:

www.akramco.com/
[email protected]
Tel: (0161) 225 2366
Fax: (0161) 225 2355

I have also written a (long) sample/draft letter, laying out the case for a full refund and picking holes in Alpha's flimsy defence. If you would like a copy please PM me. I'd post it here but I don't want to tip Fiaz's hand.
legendary
Activity: 1316
Merit: 1014
ex uno plures
sr. member
Activity: 433
Merit: 250
announcement please

Why are you antsy all of a sudden?

I wouldn't be surprised if you were one of many of Fiaz's fake accounts. Either you realize the gravity of the issue at hand NOW or just shut the fuck up. Thank you.

69bulldozers, you should thank VesperWillow. He is one of the people most active in pulling the curtain over Alpha-T activities aside so that alpha-t customers get a better view of the stage.
I think bulldozer was referring to bumface

hero member
Activity: 616
Merit: 500
announcement please

Why are you antsy all of a sudden?

I wouldn't be surprised if you were one of many of Fiaz's fake accounts. Either you realize the gravity of the issue at hand NOW or just shut the fuck up. Thank you.

69bulldozers, you should thank VesperWillow. He is one of the people most active in pulling the curtain over Alpha-T activities aside so that alpha-t customers get a better view of the stage.

Thank you good sir. I was wondering what got up dozer's ass, considering I've been trying to blow the whistle on these guys for months.

Then I realized, it's because he's a victim like many others. It's really a shame.

And for bumface to be antsy, you know it's getting serious. Seems like he might be seeing that they're on their 672nd broken promise this year.
legendary
Activity: 1316
Merit: 1014
ex uno plures
legendary
Activity: 1316
Merit: 1014
ex uno plures
announcement please

Why are you antsy all of a sudden?

I wouldn't be surprised if you were one of many of Fiaz's fake accounts. Either you realize the gravity of the issue at hand NOW or just shut the fuck up. Thank you.

69bulldozers, you should thank VesperWillow. He is one of the people most active in pulling the curtain over Alpha-T activities aside so that alpha-t customers get a better view of the stage.
member
Activity: 70
Merit: 10
Cant wait for scrypt asics to take over and see the impact on the crypto world.
legendary
Activity: 924
Merit: 1060
We are now well beyond giving the middle finger. They are now thumbing their noses at us. The real concern emanating from their very own forum is the more than one veiled threats about putting boots on the floor and going there to get some results. It seems such a dodgy neighborhood anyone of these truly upset people hinting at action might find a proxy for a few beers to throw a brick through a window.

It is inexplicable their silence. Other than at this stage a incredibly bizarre minds set that they have done nothing wrong and what ever might happen is God's Will?

How can one mentally sound possibly not feel anything for the people who have entrusted you with their life savings and you sit there  doing and saying nothing. It is inconceivable on the modern world unless you are a psychopath. It is not one individual it is a collection of four peoples, the Akram family, Fiaz, and the pseudo Dutch man "Liroy".

It is all simply not getting into their skulls that what they are doing or better yet, not doing is plain and simply wrong.

Wars for generations reflect all of this between nations. Barbarians vs. not Barbarians. Common courtesy vs. savagery.

Somewhere some one's wires are crossed. And it is not those that have developed common courtesy. That is normal evolution.
hero member
Activity: 728
Merit: 501
announcement please

Why are you antsy all of a sudden?

i merely want what was promised,and moreso, i want to know the status of affairs. why is there a delay,when will we see pictures of hardware  when will there be shipped
hero member
Activity: 616
Merit: 500
announcement please

Why are you antsy all of a sudden?
hero member
Activity: 728
Merit: 501
announcement please
member
Activity: 84
Merit: 10
announcement please

Where? There is no announcement. Although Fiaz is busy as a hell deleting posts and writing some fake visitor posts on their forum.

I think it is save to say that this is game over, that way or another. Neither they won't deliver at all or they deliver 3rd party manufactured, obsolete product in the distant future with no chance of ROI for their customers.
hero member
Activity: 728
Merit: 501
announcement please
copper member
Activity: 658
Merit: 500
Blockchain Just Entered The Real World
If AT needs money to pay global foundry, then loool
ATs miner are worthless, nobody wants them, nobody want to do the final payment: http://www.ebay.at/itm/261539719041?ssPageName=STRK:MESINDXX:IT&_trksid=p3984.m1436.l2649

You even wont get ROI of the 70% payment  Cool
member
Activity: 87
Merit: 10
Haven´t you read Fiaz statement ?

"I can tell you we should be releasing an update on shipping tomorrow"

He didn´t say that he will write an update.

full member
Activity: 223
Merit: 116
No my friend, this is where you are wrong. The deal with Dexcel was to develop "somehting"

Dexcel Technologies are in partnership with AT hurray. But to develop what exactly? a 555 timer chip?!

The development of the 555 timer chip has finished and there was no intention to go to any foundry.

Scammers of the world come here and learn from the scummers.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Another day, another promise ( https://forum.alpha-t.net/index.php?topic=813.0 , Will Alpha inform customers if things go wrong ? )

Quote
Quote from: scutzi128 on Today at 02:21:36 PM
Quote from: forceflow on July 23, 2014, 06:44:04 PM
Quote from: Fiaz Malik on July 23, 2014, 06:41:00 PM
Hey guys, sorry for the silence, it is quite a critical time where we want to be confident in anything we announce so as to avoid certain expectations as we have made mistakes in this in the past. I can tell you we should be releasing an update on shipping tomorrow.



We're all ears.  Thanks for finally putting a firm date on the update.

So where was this update we were supposed to get yesterday?

Fiaz Pm'd me that it will be today
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