Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 15. (Read 378671 times)

You still haven't replied to my offer of selling you my shares/PU at 50% of their owed value, you know, since you think this is such a great opportunity before us.  Come on Ralph, I know you want a larger share of all that delicious IP that Will is fighting for in court (your words).  Why not jump at this fine opportunity?  

In other news, I found a picture of iCEBREAKER when he graduated highschool in 1995...



What a disappointment.

I bet you're all wondering how I came about a piccy of crumbs & cat, pankkake and bALLBREAKER.  Well my birdies are everywhere is all I'm saying.  

New & Improved!

I would wash my hands of this disaster if the operators hadn't done everything in their power to prevent that.

How? How?....

According to our local mensa member...


 

Two weeks™ - no financial statment, no rewards. Any updates on that?

Don't get me wrong icebreaker, i've already written this investment off as a loss long ago, so I hardly feel that any assessment I make is 'premature'.

Realistically I am expecting the worse, while hoping for the best. I'm saying that future investors will be looking at this thread, and the way in which ID founders have handled this bad situation, and this will affect how willing they are to invest in any new project. It's all in the public domain, so it's in the best interests of everyone involved here for some regular and transparent communication. To their credit, Will et. al have so far been fairly forthcoming in describing the ongoing issues with hashfast, but they've also tried to push unrealistic KYC, attempted to change the terms of he IPO after the fact, and focused efforts on a trading platform which as far as I can tell, serves no useful purpose.

A mixed bag even by the most lenient of standards I trust you'd agree.

Due to circumstances beyond their control, ID is not able to honor IPO conditions.

Of course we wish it was possible, but that makes no difference in reality.

Premature performance assessments do nothing but vent frustration.  If that helps you cope, by all means gauge irrelevant sentiment until you're blue in the face.  But making yourself feel better does nothing to help ID and its investors.

All you fair weather friends are worth even less than a single IceDrill Profit Unit!  When the going gets rough, you start whining about being scammed.  If ID were a scam they wouldn't be fighting for us in court, and would have been relaxing on a tropical island a year ago.

When you lose money on a stock, do you go on Yahoo Finance to denounce the company (and your broker) as duplicitous scammers?  If you do, please review the 'No Risk No Reward' clause in your social contract!   

Honoring IPO conditions are central to restablishing trust amongst the shareholders. What kind of trader would buy these useless 'PUs" without an established dividend history and with questionable ties to bitfunder-era startups?

Until these obligations are fulfilled, all future startups by ID founders in bitcoin space should (and will) be considered scams. This isn't even a personal assessment of how capable or duplicitous the founders are, it's just a realistic guage of sentiment.

Aww shucks dropt, I was just funnin' with ya.  Please stick around and entertain us with your frothy rantings!

It's unreasonable to expect Will to make/announce firm plans while HF is still in the preliminary stages of reorganizing and/or liquidating.

Yes we are all curious what tentative moves are afoot, but giving the creditors some privacy while they maneuver is perfectly normal.

Providing you with financials only provides grist for your complaint mill, and gives you more to moan about.  So that's not a priority.

Nobody needs to hear you second-guess every action, dream up criminal conspiracies, and make mountains out of molehills.  It is amusing, but not especially productive.

Anyways, I'm no longer going to entertain Icebreaker in derailing this thread.

Will, where's the financials?  What is your plan for dissolving icedrill when the cost to mine is less than the earnings?  When are you going to pay out the entirety of the owed dividends?

That's right, may.  And there just might be a better chip, but, NDA's and all.

How stupid of you to assume that an entity trading shares on a public exchange somehow equates to being 'locked' in for a lifetime.  I own AM shares too, guess what, I can go dump those any time I choose.  The 3 (LOL) that I hold in RENT, guess what? I can dump those too!  Only in your sad delusion filled world is what's going on here some sort of logical interpretation of the framework laid out in the original post.

On the contrary, what I do see is the operators withholding some assets worth recovering.  Kind of like how all of the debtors are going after HF to recover funds.  What I also see is that this operation is about to go into the red and I want the shareholders paid out what they're owed before people like you advocate for throwing good money after bad.  

Here's a thought, if holding shares (or BS PU)s in ID is such a winner, I'll sell my shares to you at 50% of the contractual owing of 0.0016BTC per.  That's right Ralph, I'll sell you all of my shares for 0.0008BTC per since you think this is such a wonderful operation.

If you know of an ASIC with greater GH per square mm of wafer/die than HF's, please tell us all about it.  Oh wait, you don't (because there isn't).

I enjoy how you use the conditional "may" even though HF's chip has been the acknowledged leader since its debut.

How it must pain you to grudgingly admit that.   

It's funny you feel the need to put down ID's mine.  It obviously soothes your sandy vag to point out it's not the largest in the world, as if that discounts ID's expertise with HF hardware and important relationships with cgminer, etc. core devs.

How stupid of you to compare buying ID shares to Apple.  Could you possibly be more delusional, or lack more understanding of independent investing?

Sounds like somebody invested more than they could afford to lose, and are now so desperate they will settle for a few Satoshi on the BTC.

Poor dropt, maybe you should stick with Apple and mutual funds under professional management.  You sorely lack the patience and risk tolerance required for anything related to BTC.   

 ID does not have industry leading experience.  They run some pissant mine in rented colo space.  You want to talk about industry leaders? Let's compare them to Bitfury, Antminer, or KnC.  Tell me, how does ID's "industry leading" mine stack up against them?  You're about as daft with your claims as BFL is.  Further, HF's technology may have been leading some point in the past, but it's all yesterday's achievement and nothing is going to change that fact.

ID does not posses the funding to do anything of the sort.  They've got, what, BTC7xx of investor funds?  That's less than half a million USD.  Liquidbits is talking millions for the IP, with that money on the table poor little Will, DT, ID and all of us aren't going to get shit.

You keep saying this as if it has some sort of logical merit.  That's like saying if I buy some APPL shares, I'm stuck with them for life.  How fucking dumb are you?

What, like paying out the owed dividends that have been promised how many times now?  Lies, lies, and more lies.  No wonder you like these two so much, birds of a feather flock together and all of that.

Which, those "pennies" on the dollar that we could have sold when the exchange rate was in the $900's?  $800's? $700s? $600s?  There's a reason that people took your previous employer to bankruptcy, and it's because of their incomeptence that they landed there.  The same incompetence that you heralded then is the same incompetence you're heralding now.  The only idiot fooled by your statements is yourself.

Try harder Ralph.

Will/DT - I filled out the paperwork for cryptomex over a month ago. Sent 2 emails to follow up, never heard back. Come on guys, I expect a little better than this. PM, please.

ok thanks for the update. sounds like a complicated situation where is it not clear how this will end.

lets hope for the best and expect the worst.

Will is currently traveling.
I will see if I can get a hold of him when he lands so that I can post an update.

//DeaDTerra

Just ping out a daily update, even if its "no progress today", and I for one will rest easy

Marc