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Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 71. (Read 529056 times)

legendary
Activity: 1316
Merit: 1014
ex uno plures
So get your claims in people.

'tis the early bird that gets the worm
newbie
Activity: 37
Merit: 0
Alpha must repay everyone even the 30% deposit required because they never move or show proof of a miner or model.

Or did the money show evidence Alpha, invoices from your suppliers in China and India, show us the tapes bills dirty liars.

No refund for customers who have not paid in full, they do not care of our mouths, fortunately I have not all paid for I will now traquers your dirty little figures of miscreants.

I think of all the people stolen by you, a thought for the people who gave you this money have worked hard to get it
newbie
Activity: 4
Merit: 0
M Akram & Co
64 Dickenson Rd, Manchester, Lancashire, M14 5HF
Tel:  0161 225 2366

http://www.akramco.com/index.html


sr. member
Activity: 433
Merit: 250
I thought I would post an update as I think it is relevant to a lot of people here. I won my court case against Alpha, and had then also won a judgement against them forcing them to pay (I assumed the chance of them paying was actually 100%).

My claim was for 30% of the smaller Viper, which was £405. Out of the blue on Friday I had an email saying I had been refunded in full including the court fees, again slightly skeptical as it said it would take upto 5 working days.

Today, boom there is my full refund in my bank account including court fees!

Some reason I think they might have paid:

1) It was only £405
2) I focused my entire court claim on power usage and how it was now 6 times more, nothing about delivery dates as technically the TOS did mention end of Q3 (although this is obviously going to be missed)
3) I live 10 miles from Manchester, so if they did challenge my court case I would have been more than willing to go to the local court in Manchester (smalls claims are handled near to the defendant)

To be honest I've taken my refund and bought more shares in LTCGear, no more of this preorder rubbish these are paying out already LTC mined on SCRYPT ASICs


That warms the cockles of my stony heart!!. Nice one mate.

Alpha clearly know with CCJs against them they can be forced to have their bank accounts frozen, summoned to appear before a Judge to give uncomfortable financial details or have their company declared bankrupt and picked apart (Mubasher would lose his Chartered Accountant status too). So get your claims in people.
newbie
Activity: 12
Merit: 0
I thought I would post an update as I think it is relevant to a lot of people here. I won my court case against Alpha, and had then also won a judgement against them forcing them to pay (I assumed the chance of them paying was actually 100%).

My claim was for 30% of the smaller Viper, which was £405. Out of the blue on Friday I had an email saying I had been refunded in full including the court fees, again slightly skeptical as it said it would take upto 5 working days.

Today, boom there is my full refund in my bank account including court fees!

Some reason I think they might have paid:

1) It was only £405
2) I focused my entire court claim on power usage and how it was now 6 times more, nothing about delivery dates as technically the TOS did mention end of Q3 (although this is obviously going to be missed)
3) I live 10 miles from Manchester, so if they did challenge my court case I would have been more than willing to go to the local court in Manchester (smalls claims are handled near to the defendant)

To be honest I've taken my refund and bought more shares in LTCGear, no more of this preorder rubbish these are paying out already LTC mined on SCRYPT ASICs


We appreciate if you can let us know your claim case ID. We need it as a reference. Thanks and congratulation on your getting refund.
newbie
Activity: 46
Merit: 0
I thought I would post an update as I think it is relevant to a lot of people here. I won my court case against Alpha, and had then also won a judgement against them forcing them to pay (I assumed the chance of them paying was actually 100%).

My claim was for 30% of the smaller Viper, which was £405. Out of the blue on Friday I had an email saying I had been refunded in full including the court fees, again slightly skeptical as it said it would take upto 5 working days.

Today, boom there is my full refund in my bank account including court fees!

Some reason I think they might have paid:

1) It was only £405
2) I focused my entire court claim on power usage and how it was now 6 times more, nothing about delivery dates as technically the TOS did mention end of Q3 (although this is obviously going to be missed)
3) I live 10 miles from Manchester, so if they did challenge my court case I would have been more than willing to go to the local court in Manchester (smalls claims are handled near to the defendant)

To be honest I've taken my refund and bought more shares in LTCGear, no more of this preorder rubbish these are paying out already LTC mined on SCRYPT ASICs
hero member
Activity: 784
Merit: 504
Any one filed any lawsuits against the company till now?
If there is any case whats the status of it?
hero member
Activity: 616
Merit: 500
Loving the memes over the past couple of pages.. you can never go wrong with a wonka meme.

Not only did they promise to ship within Q3, they guaranteed delivery before their competitors (namely KNC). They then changed their website 'phrase' to say they're AIMING to ship within Q3 (look back a couple pages at my post).

KNC's drop-dead goal date for shipment, IIRC, was 23 September. The next day or 3 will really be interesting. And no news from the 'transparent AlphaTec' team in weeks.
newbie
Activity: 3
Merit: 0
Bought my 250mh on ebay for about 10k. I'm supposed to take $3k and and be content... if that's what these latest emails are implying. Anyone spineless enough to go through with this is giving them exactly what they want. We need to hold strong, ban together and take the proper legal action. ONE WEEK.

I'm with you bob, I left more papertrail at their offices today, but even though I've paid in FULL since early june, they still show my account pending, and will NOT reply to me, and have since banned me from their forums, I will spend a LOT of money on lawyers, flights, brass knuckles, or whatever it takes to equalize this on behalf of everyone who is being bent over by these pricks
sr. member
Activity: 402
Merit: 250
The other obvious fact is that end of Q3 is about 8 days from now.  They promised to ship these by end of this quarter worst-case as their own words will easily prove.

When they don't people will be entitled to 100% refund.  Those that went through a CC or paypaal will get it back no question.  those that go to court will also have a stronger position.

As if their illegal "you're a business" claim isn't enough they'll be outside their own window.




and where is the money?  if it was all spent on production where exactly are the parts.

this stinks like a dead animal out in the summer heat.  he's trying to pull some shit here.
sr. member
Activity: 443
Merit: 251
Bought my 250mh on ebay for about 10k. I'm supposed to take $3k and and be content... if that's what these latest emails are implying. Anyone spineless enough to go through with this is giving them exactly what they want. We need to hold strong, ban together and take the proper legal action. ONE WEEK.
legendary
Activity: 1736
Merit: 1001
Most likely nothing valuable will come here from this offer.
sr. member
Activity: 402
Merit: 250
It is also unclear if this 'final settlement' means you also get no miner.

These people really are utterly ridiculous.

Lay out the terms, dumbshits.


I took 100 from you for a miner.  here's 30 and no miner.  seems fair to me.

another stunt from Mubashtard, who thinks he's the most clever guy in the room, and really is nothing more than an average scammer.  As an engineer/production/development person he clearly sucks.  

so he's all puffed up and smart as a whip in his own mind, while in reality he is just an average shitbag.  really not even all that good at that either.  mommy must be so proud.
hero member
Activity: 784
Merit: 504
Given what we all now know, which are the most likely statements about Alpha-T ?
5) They started out with good intentions but became a scam after tape-out problems
9) They are honorable men who failed to accomplish their goals

What are the chances that Alpha-T deliver a working 250 Mh/s Viper in the next 8 working days ?
2) 30%

What are the chances that any Alpha-T customers who paid 100% receives more than 15 cents on the dollar in settlement ?
5) 99%

What are the chances that any Alpha-T customer ever pre-orders a miner from another company in the future ?
2) 30%
legendary
Activity: 1890
Merit: 1031
Mohamed Akram and his "Miner"

legendary
Activity: 1316
Merit: 1014
ex uno plures
At this point, I'd be surprised to discover that they originally intended to build a miner.
sr. member
Activity: 402
Merit: 250
From the Alpha-T forums : apparently some Alpha-T customers received this email today:

Quote
Hello,

 Whilst you are passed our refund period we are able to refund you your full 30% deposit as a gesture of goodwill. Please understand this has been no small undertaking and the vast majority of the funds have now gone into the production of these devices and to expect anything higher this late in the process is not realistic as the funds simply aren't there.

 If you paid via a bank transfer/bitcoin please provide your bank details if you agree to this full and final settlement and if you paid via PayPal simply confirm you agree to this full and final settlement. For an international bank we will need an IBAN and/or an account number, a swift code and/or your banks address, your account name and address. Please try to provide all or as much of this information as possible in case we run into any issues to save us from having to email again to ask for it. For a UK bank we will only need your account number, sort code, your account name and address.

 Regards,

Alpha Technology

There seems to be some doubt what this means for customers who paid 100%. It reads to me like Alpha-T are in legal damage control mode now.



oh I thought was a gesture of goodwill.  now it's a "full and final settlement."

never saw that coming.  \sarcasm


These pusbags are as predictable as can be.  They know they're up shit's creek with their silly "you're a business" defense.  They likely have few if any parts (I haven't seen photos of any) and are likely simply going to fade away.

This is a logical step in a scam.  Pay back 30% of what you've taken from people, call it a full and final settlement in an attempt to strip them of any rights going forward and then pocket the remainder.

I do hope people organize and take these people to court.
legendary
Activity: 1316
Merit: 1014
ex uno plures
From the Alpha-T forums : apparently some Alpha-T customers received this email today:

Quote
Hello,

 Whilst you are passed our refund period we are able to refund you your full 30% deposit as a gesture of goodwill. Please understand this has been no small undertaking and the vast majority of the funds have now gone into the production of these devices and to expect anything higher this late in the process is not realistic as the funds simply aren't there.

 If you paid via a bank transfer/bitcoin please provide your bank details if you agree to this full and final settlement and if you paid via PayPal simply confirm you agree to this full and final settlement. For an international bank we will need an IBAN and/or an account number, a swift code and/or your banks address, your account name and address. Please try to provide all or as much of this information as possible in case we run into any issues to save us from having to email again to ask for it. For a UK bank we will only need your account number, sort code, your account name and address.

 Regards,

Alpha Technology

There seems to be some doubt what this means for customers who paid 100%.

It reads to me like Alpha-T are in legal damage control mode now.

If their claim that 'the vast majority of the funds have now gone into the production of these devices' is true then where are the devices and/or parts inventory  and could they be liquidated to provide higher refunds to customers ?

It is looking more and more like the right thing to do is to force the company into the hands of a receiver.
newbie
Activity: 26
Merit: 0
If you are looking for debt collection, AND you have a court judgement, then you may want to consider asking these bailiffs: http://thesheriffsoffice.com/.

I once had them come after me (well, not after me personally, someone had given a false address) but they were very persistent and very professional (when I gave them evidence that I wasn't the right person).  It might be worth approaching them.

The big problem that people have, is that as alpha is a limited company, you can only go after the company's UK assets (of which there are likely none). You cannot go after the people in alpha.

I really think the only option left is for someone to file a petition for involuntary bankruptcy against the company, because this is the only option that will actually hurt the people behind alpha. While you can't force the people to pay up personally, because a bankruptcy penalty is so damaging, they may well pay up personally to avoid the personal consequences.


This is absolutely right.

However, i made a claim against Mr Mohamed Akram too.... and i am just requesting judgment as his defence was struck out. Reason i went for him personally is i believe HE defrauded me and i was going to prove it. Don't need to now. Still, have a judgment against him and AT.

@Mo Akram, Bend over buddy. I have two or three 300+lbs cock for you. The sheriffs are coming. And I do hope it is you you that has the infamous ferrari.

Queue- Twisted Sister - Were not going to take it.
legendary
Activity: 1316
Merit: 1014
ex uno plures
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