Topic: BFL SC / Jally first picture? - page 7. (Read 26252 times)

For customer who paid a lot of bucks in front, there is NO need to explain anything!!!

Even potential customers, who are thinking in preordering a product from BFL, or better said investing in BFL, have a right to know such important things.

@Inaba.... Why you are writing here as Inaba and not as BFL_Josh?

So are you going to post pictures of the products soon or do we have to wait until people receive them and post amateur photos here?

1) It's relevant when taking pre-orders.  Had this information been known before Singles shipped, what do you think the investment would have been?  (I.e., that's fraud.)  Had this been known up to the point where BFL had a reasonable percentage of space parts on hand, the FTC would happily have gotten involved and shut down the company.  It has nothing to do with how it affects the products received afterward, because it's still nearly indistinguishable from a Ponzi. (I *love* that this is a valid argument on this forum.)  In fact, it's a "ponzi" run by a convicted felon, not just someone who was charged with passing bad checks.  Do you see how this looks?  Every single offering that is of more value than the previous just increases the correlation with "a classic ponzi," even if it's natural company growth.  BFL has created suspicion and doubt through its failures to meet its promises.  This information makes it seem as if it was part of a scheme rather than through incompetence or inexperience.

2) Is Inaba the "I only speak for myself so I can be an ass to customers" identity or do you actually speak for the company in this persona?  What does BFL_Josh have to say about this?

I like BFL's products once they get dialed in (even if they're ghetto right now), but its customer relations are really, really bad.  They've only gotten more adversarial since you joined the company.

I think so too, too much baseless BFL hate ITT

I will tell you why we didn't "come forward with all this information before" when you can tell me why you think it's relevant?  Please explain how the past affects the products you've already received (because you have received products right?  I mean, you're not here just complaining and you aren't even a customer, correct?) and how it will affect the products in the future.  If you can explain that, then I will explain why the information wasn't disclosed before.  Otherwise, it has absolutely no bearing on whether or not BFL has produced and shipped products in the past or in the future, does it?


Our corporation, as has been said countless times before, is currently registered in Wyoming.  All the information is there, has been there, and will likely continue to be there.


So in light of this "new information coming out" how does it make your BFL Singles or Minirigs fail to perform?  I'm just curious.  I assume you mean tirade, not "tyraid" - but what tirade are you referring to?   I don't see any tirades, and I'm certainly not speaking as BFL at the moment.


@davidspitzer

You are exactly right.  It matters what we are doing now and in the future.  We have delivered in the past and we will deliver in the future.  I have been open and up front with delivery time and dates as I know them currently.  We are still on target for Late October, early November.  Given the production times, I would venture to say it will be closer to the latter on actual shipping dates for the units, since we want to ship them out en mass as opposed to ones and twos.  Since this is a new product, with all new components, we are having to change our production facilities to accommodate it.  Contrary to Franky's fabrications, we do not, have not and are not rebranding anyone elses boards and selling them.  It's all created by us, for us specifically.  It's interesting he makes those accusations but is completely unable to supply the original source of these supposedly rebranded boards.  I wonder why that is?

Anyway, we haven't run into any major show stoppers as of yet, so things are good. 

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I am not dog.
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Dog, is that you?

What do you mean, "too"?  It's what you've been doing before day one at BFL.

Bitcoinland is waking up to the fact that we're not in Eden anymore.  Why don't you just open up and disclose any encumbrances that are material (pertaining to a civil suit in the US jurisdiction of your choosing) so people don't have to dig things up on their own?

Honesty is not just telling the truth when you are presented with irrefutable evidence.

Inaba,

I don't presume to speak for the masses, but I have suspicion that many may share my views. It is vitally important for a consumer to have confidence in a company when investing, what is usually scarce, resource (E.G their money) into that company. I have thousands of dollars sitting in your accounts on the promise of delivery of ASIC equipment starting in October.

It really does not matter if the company is in a loft, if the components are manufactured or assembled by you or if the owner has had issues in the past. The only thing that truly matters is that you deliver on your promises. I have several shelves filled with BFL singles and they perform as  advertised, and that is all I really ask for as a consumer. For me, going forward, your company will be judged solely on how well it keeps it promises and how well it communicates and keeps its investors informed.

I see myself as an investor in your company and I am gambling on that you will deliver. I am betting thousands of dollars that you will. If you deliver, I don't care about the past and it is not for me to judge.

The only suggestion I can make is to continue to communicate with your investors and keep them apprised of when the gear will actually ship and any delays that you anticipate. I think given some of the concerns, either real or imagined, it is vitally important that you manage our expectations as you work towards and subsequently get ASIC product out the door.

Thanks

David

Then why didn't you come forward with all this information before?  It took a long time and alot of snopping from the forum members for it to come out.  Thats not exactly being upfront.

So, as a consumer, and a customer of BFL I would like to know:
1. Are you really a C Corporation?
2. If you are a C Corp, which state do you file in?
3. Are you annual reports public, like most C Corps?

With these questions, I can find out pretty much all I need to know as a consumer about your company using the public resources.  This is what good and valid companies do.

EDIT: Also, feel free to go back and view my past posts.  I have usually defended BFL on all fronts, but in light of all this new information coming out, I have really re-thought my opinions.  When you were made COO of BFL, you should represent the company.  Going on tyraids is not befitting of a million dollar revenue generating company.  Not only does it look bad on you, it looks horrible on the company for choosing you as their COO. 

Your actions really reaks of Jim Mackeys actions when he was running Whole Foods:   http://en.wikipedia.org/wiki/Whole_Foods_Market#SEC_investigation

Right, because what you want is someone who will lie to you and tell you comforting tales so you aren't so scared, right? 

I guess I can do that if you want... but I'd rather be honest and upfront with everyone instead of spinning the story and being generally a dirt bag like most large corporations.  But hey, if you want lies and spin instead of truth, I can provide that, too.

I hope when they grab and run at the end of 2012, they'll call it "Operation ASICS", you know, like the shoes.

I guess they are a little behind schedule but will deliver end of 2012... 

Why are there so many fucking shady ass people involved in Bitcoin?  Makes me really re-consider what I should do with my BFL ASIC Single pre-order I made months ago.  I was really hoping BFL was a clean company struggling with the demands of high demand, but it seems its a company shrouded in mystery, ran by scammers who deal with illegal gambling software and Ponzi schemes.

Inaba, I really feel for you.  What BFL needs is a COO that knows how to spin the media.  After reading your posts, you certainly don't present yourself as someone representing a company that does millions of dollars in revenue.

Is it just me, or could that have been said by an apple employee?

Wow.. I think that is the first real answer BFL has given the masses ...



I would like some hash too

I think the key here is "until all financial obligations imposed by the Court have been satisfied in full".  If he paid all of the fines owed, this restriction would be lifted.

Inaba, thanks for the explanation. My research has pointed more to involvement with a ponzi than online gambling software, which is concerning to me.  Can you provide any public sources to support your statement?

I'm a bad, bad boy

Gets worse...This really sucks...

I hope there is a way for BFL to continue as per normal.
You need to address this quickly I think.

+1