AMHash1: Cost-Effective Mining Contract - page 13.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

Quote from: AirWolf on March 26, 2015, 12:55:24 PM

Quote from: cesmak on March 26, 2015, 12:50:49 PM

Quote from: 7loko7 on March 26, 2015, 12:40:04 PM

Did somebody already transferred shares to AMHASHLC?

Looking at havelock page of the founds https://www.havelockinvestments.com/funds.php it seems that there are 315,992 swapped....

Not me anyway...

Not anybody outside Havelock social group has, because there is actually no instructions or buttons to actually do the swaps at Havelock.

AirWolf

full member

Activity: 140

Merit: 100

Havelock robbed me 170BTC

Quote from: cesmak on March 26, 2015, 12:50:49 PM

Quote from: 7loko7 on March 26, 2015, 12:40:04 PM

Did somebody already transferred shares to AMHASHLC?

Looking at havelock page of the founds https://www.havelockinvestments.com/funds.php it seems that there are 315,992 swapped....

Not me anyway...

cesmak

legendary

Activity: 1057

Merit: 1009

Quote from: 7loko7 on March 26, 2015, 12:40:04 PM

Did somebody already transferred shares to AMHASHLC?

Looking at havelock page of the founds https://www.havelockinvestments.com/funds.php it seems that there are 315,992 swapped....

7loko7

member

Activity: 94

Merit: 10

Did somebody already transferred shares to AMHASHLC?

cloh76

sr. member

Activity: 318

Merit: 250

The shares are sitting there doing nothing anyways. Might as well convert and get something. If it turns out to be a double scam, we wont lose anything we havent already lost and you can still pursue legal action.

flame1012

full member

Activity: 154

Merit: 100

Quote from: AirWolf on March 26, 2015, 06:09:11 AM

This can even be part of the scam, in fact they are returning (in installments) only 1/4 of the original investment, so fake everything, let the victims panic, despair, etc and then come up with this offer to make it "legal".

Perfect...

Also, why do we should believe in their word that they are going to pay, after what happened?, what if they "fry a cat" again and fly?, this time without any chance of legal recourse?

I won't be surprised in such case

AirWolf

full member

Activity: 140

Merit: 100

Havelock robbed me 170BTC

This can even be part of the scam, in fact they are returning (in installments) only 1/4 of the original investment, so fake everything, let the victims panic, despair, etc and then come up with this offer to make it "legal".

Perfect...

Also, why do we should believe in their word that they are going to pay, after what happened?, what if they "fry a cat" again and fly?, this time without any chance of legal recourse?

elasticband

legendary

Activity: 1036

Merit: 1000

Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: alienesb on March 26, 2015, 05:55:09 AM

Meh, I'll take something over nothing because it's better than I got from several other high-profile scams.

That is why they get away with it so easy and it continues to happen sadly. Its easier to roll over and accept their terms than to go chasing ghosts.

alienesb

hero member

Activity: 868

Merit: 1000

Meh, I'll take something over nothing because it's better than I got from several other high-profile scams.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: klondike_bar on March 25, 2015, 09:59:05 PM

AM1 was once 4BTC/share. now its 0.01BTC, thats <1% of the value it once held. Friedcat ran off with the other 99.8%

Ahrm.. AM1 traded around 0.1 BTC long before FC vanished.

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: l3sny on March 25, 2015, 11:33:58 PM

Quote from: runam0k on March 25, 2015, 02:44:59 PM

Quote

The issuer of AMHashLC will look into the legal enforcement options against what they consider the responsible parties. By offering AMHashLC as a swap, the issuer of AMHashLC will hold the corresponding contract rights.

So presumably there is a reasonable chance of recovery?

Where did you get it from?

For a minute I thought AMHashLC had been set up to buy all the debts and make BTC by recovering more than they spend, you know, like how it works in the real world. What can I say, I've been working some very long hours lately. I forgot I was in Bitcoinland. Embarrassed

primeminer

sr. member

Activity: 424

Merit: 250

well, I might be one of not many but here is my say:

every bitcoin investment is a high risk venture. It is unregulated and mostly anonymous so legal actions are complicated. This gives perfect scam opportunity. But at this occasion we have to assume that FC's disappearance harmed as much us investors as it did harm rest of AM owners, rockminer and partially James from Havelock. The fact that them people are coming back with a global compensation scheme is unique and deserves some credit. I am going to take the offer and swallow the loss. It is a lot better than what it did happen with others - BFL, KNC, Hasie, Gaw and many more - there ppl were left with big rounded zero.

cryptojumper

full member

Activity: 154

Merit: 100

the scammers are returning some money Roll Eyes

this is really a step forward that should make an example to all other scammers Grin

can you advise me where can i invest when i buy some btc to make part of them back Huh

cesmak

legendary

Activity: 1057

Merit: 1009

And now some math that need to be clarify too......

In older posts i've read that Amhash sold 3.5 PHs of the total 5PHs deployed... is it confirmed ?

If this is the real numbers....

The addres (1FU3uhBR4bKTavbeiJXdHHs13W5bRjM7DA) they made public with the found for the swap contains 1300 BTC

so 1300 / 0.0003 = 4,333,333 GHs so if they sold 5 PHs the founds are not enough to pay all the shares in case all customers accepts the swap

If they sold 3.5PHs remains some BTC's in the bag for who ? Will they divide the remaininig founds to the customers that will accept the swap or they take back that founds ?

Or they will pay 0.8PHs to who ? AMHASH himself or ASICMINER or who ?

l3sny

hero member

Activity: 859

Merit: 1000

Quote from: runam0k on March 25, 2015, 02:44:59 PM

Quote

The issuer of AMHashLC will look into the legal enforcement options against what they consider the responsible parties. By offering AMHashLC as a swap, the issuer of AMHashLC will hold the corresponding contract rights.

So presumably there is a reasonable chance of recovery?

Where did you get it from?

klondike_bar

legendary

Activity: 2128

Merit: 1005

ASIC Wannabe

such bullshit. one more reason to stay away from cloudmining and these unlicensed 'stock exchanges'

AM1 was once 4BTC/share. now its 0.01BTC, thats <1% of the value it once held. Friedcat ran off with the other 99.8% and the asicminer board members do nothing but hide information and fail to produce new technology

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: cesmak on March 25, 2015, 04:48:15 PM

Can someone explain this (that for me) is an incongruity ....

Quote from: havelock on March 25, 2015, 01:53:31 PM

6) SCHEDULE: The swap will be offered until April/20/2015. After April/20/2015 the swap offering will be closed and no further swaps will be possible. The total payment to units of AMHashLC will be split into 5 equal installments paid on a weekly schedule. The first payment will be provided after April/20/2015 and prior to April/24/2015 and the combined total will be paid out before May/29/2015.
7) FURTHER OFFERINGS: We reserve the right to do additional rounds of AMHashLC offerings with the same conditions after May/29/2015, should it be deemed necessary.

So there will no other swap (by point nr. 6) but they reserve the right to do more swaps in the future !?!?!?! what does it mean... !!!!

I'm no lawyer but I think it means you have until the 20th of April to accept the terms of this swap after which you will no longer be able to swap into this round and will have to wait until after May 29th at which time there may or may not be another round to swap into.

AirWolf

full member

Activity: 140

Merit: 100

Havelock robbed me 170BTC

That's it!!

What is most unacceptable of this ridiculous offer is not only the price, but the infuriating fact that you want us to wait A MONTH FROM NOW and then 5 WEEKS MORE to receive 1/4 of what we invested!!!!!

I will send the papers to my friends in the Russian government who will in turn send them to their friends in the Chinese gov. and will fry you as a cat AMHASH

For HAVELOCK i will contact Canadian IRS and denounce the whole maneuver to avoid taxes in Canada, and also file a police report against you and your brother.

cesmak

legendary

Activity: 1057

Merit: 1009

Can someone explain this (that for me) is an incongruity ....

Quote from: havelock on March 25, 2015, 01:53:31 PM

6) SCHEDULE: The swap will be offered until April/20/2015. After April/20/2015 the swap offering will be closed and no further swaps will be possible. The total payment to units of AMHashLC will be split into 5 equal installments paid on a weekly schedule. The first payment will be provided after April/20/2015 and prior to April/24/2015 and the combined total will be paid out before May/29/2015.
7) FURTHER OFFERINGS: We reserve the right to do additional rounds of AMHashLC offerings with the same conditions after May/29/2015, should it be deemed necessary.

So there will no other swap (by point nr. 6) but they reserve the right to do more swaps in the future !?!?!?! what does it mean... !!!!

SilenceOfTheLamb

newbie

Activity: 28

Merit: 0

Quote from: xhomerx10 on March 25, 2015, 03:51:10 PM

Quote from: SilenceOfTheLamb on March 25, 2015, 03:25:54 PM

Quote from: EternalWingsofGod on March 25, 2015, 03:16:02 PM

Quote from: SilenceOfTheLamb on March 25, 2015, 02:13:12 PM

Quote

Q) Is this a scam?
A) No.

GG, lightbox! Cheesy

Lightbox sold the company to a Panaminian exchange a while back
Good on you though for recalling that your an old newbie

Lol, so you doubt I'm new, but believe lightbox's "The Panama Fund"? I mean, I shit you not, "The Panama Fund."
Talk about selective incredulity Cheesy

While were on the topic of selective incredulity ~~NotLambChop~~... er whomever you may be. Why don't you expand on your 100% clean exit theory? Naw! Scratch that. It would be better if you simply demonstrate a 100% clean exit strategy to all of us right now. We, in kind will give you nothing for it.

Quote

4) NO RECOURSE: By executing the swap of AMHash for AMHashLC, the owner relinquishes the right for any direct or indirect claims arising out of holding the AMHash contract against any party involved in the creation, performance or sale of the contract AMHash.

What about "relinquishes the right for any direct or indirect claims" don't you get?

Topic: AMHash1: Cost-Effective Mining Contract - page 13. (Read 304267 times)