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Topic: [Closed] KnCMiner Neptune(s) Shares GB6 .018 & 2.25 GH per share - Batch 2 (Read 15491 times)

legendary
Activity: 1568
Merit: 1001
It's been a long time but is there a list of the shareholders or a proportion of the total shares to the potential selling price?
sr. member
Activity: 448
Merit: 250
Good god we got screwed.  Not by George, but by not taking the refunds.  I wish like hell you guys hadn't been so stubborn who refused to get the refund.

Is there even any money to be made selling the equipment?

I'm looking into selling everything. At best we might get 1K for per neptune.
How many neptunes are you selling?
Combining the Neptunes w/ the other related products being sold leading to the 30+ coinage range makes me wonder if the deal fell through or if, weeks later, the total ask has went down quite a bit. Hope to get an answer sooner and that things are going well for liquidation. It seems like we're at the point of taking a fair price and just getting rid of the non-producing mechanisms and just settling the score once and for all. I'll just leave it at that for now. George, you're up.

New auction up: https://bitcointalksearch.org/topic/for-sale-over-275th-9-neptunes-1000928
legendary
Activity: 1568
Merit: 1001
Good god we got screwed.  Not by George, but by not taking the refunds.  I wish like hell you guys hadn't been so stubborn who refused to get the refund.

Is there even any money to be made selling the equipment?

I'm looking into selling everything. At best we might get 1K for per neptune.
How many neptunes are you selling?
Combining the Neptunes w/ the other related products being sold leading to the 30+ coinage range makes me wonder if the deal fell through or if, weeks later, the total ask has went down quite a bit. Hope to get an answer sooner and that things are going well for liquidation. It seems like we're at the point of taking a fair price and just getting rid of the non-producing mechanisms and just settling the score once and for all. I'll just leave it at that for now. George, you're up.
legendary
Activity: 1161
Merit: 1001
Don`t invest more than you can afford to lose
Good god we got screwed.  Not by George, but by not taking the refunds.  I wish like hell you guys hadn't been so stubborn who refused to get the refund.

Is there even any money to be made selling the equipment?

I'm looking into selling everything. At best we might get 1K for per neptune.
How many neptunes are you selling?
legendary
Activity: 1568
Merit: 1001
Didn't an email go out saying something about all of the related products (neptunes, shelves, electrical stuff, etc) potentially going for north of 30 BTC? Anyways, suppose we'll have to be happy with what we can get out of this fire sale. I guess the next question is, what stage through the attempted sales process are we at this point?
sr. member
Activity: 448
Merit: 250
Good god we got screwed.  Not by George, but by not taking the refunds.  I wish like hell you guys hadn't been so stubborn who refused to get the refund.

Is there even any money to be made selling the equipment?

I'm looking into selling everything. At best we might get 1K for per neptune.
sr. member
Activity: 448
Merit: 250
Good god we got screwed.  Not by George, but by not taking the refunds.  I wish like hell you guys hadn't been so stubborn who refused to get the refund.

Is there even any money to be made selling the equipment?
sr. member
Activity: 448
Merit: 250
Hey Guys and Gals,

Sorry for no update lately. Anyhow I've had to turn off everything as it became a cost to run it.

Also some of you noticed that payouts haven't really been that regular, well I've switched to doing them once a month and in January there wasn't enough mined to pay for the electric and rent. I will have to dip in the savings to pay for that.

It's on my to do list to go month by month and update everything.

George
newbie
Activity: 15
Merit: 0
We are in 2015, I need hear about you guys. How is going?  Smiley
sr. member
Activity: 262
Merit: 250
Whats going on with this Coop??  Any news???
George, any news?
sr. member
Activity: 252
Merit: 250
Whats going on with this Coop??  Any news???
sr. member
Activity: 448
Merit: 250
Hi George,

Is my math wrong on the dividends? How many shares were sold for GB4 and GB5? I thought it was only 1000 each.

The spreadsheet shows 3000 shares per group buy.

Thanks,
ipxtreme

It was 1000 per GB4, 5 and 6 can you point me to where it show 3000 per?

George

https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c&usp=drive_web#gid=7

Shareholders tab. It shows 4000. I may be wrong. Thx!

That is total shares. So 3000 for GB1-3 and now 1000 each for 4, 5 & 6. As each GBs Neptune arrives 1000 more shares are added to the pool for a total of 6000 between GBs 1-6.

George
sr. member
Activity: 262
Merit: 250
Hi George,

Is my math wrong on the dividends? How many shares were sold for GB4 and GB5? I thought it was only 1000 each.

The spreadsheet shows 3000 shares per group buy.

Thanks,
ipxtreme

It was 1000 per GB4, 5 and 6 can you point me to where it show 3000 per?

George

https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c&usp=drive_web#gid=7

Shareholders tab. It shows 4000. I may be wrong. Thx!
sr. member
Activity: 448
Merit: 250
Hi George,

Is my math wrong on the dividends? How many shares were sold for GB4 and GB5? I thought it was only 1000 each.

The spreadsheet shows 3000 shares per group buy.

Thanks,
ipxtreme

It was 1000 per GB4, 5 and 6 can you point me to where it show 3000 per?

George
sr. member
Activity: 262
Merit: 250
Hi George,

Is my math wrong on the dividends? How many shares were sold for GB4 and GB5? I thought it was only 1000 each.

The spreadsheet shows 3000 shares per group buy.

Thanks,
ipxtreme
member
Activity: 74
Merit: 10
sr. member
Activity: 448
Merit: 250
George,
Any update on deliverly? Did you get some Neptunes yesterday?



Yes 1 Neptune arrived and is hashing around 3.1TH/s and another Neptune shipped today.
member
Activity: 74
Merit: 10
George,
Any update on deliverly? Did you get some Neptunes yesterday?

sr. member
Activity: 252
Merit: 250
hero member
Activity: 574
Merit: 500
Thank you all for the kind words. I'll put up another vote and re-do the numbers. Remember they did double our orders for free as a result of the delays and they are working with 20nm tech which is fairly new. As well as we are about a month away from them being officially late.

Thanks George, the problem is purely a math one, doesn't really matter if they are officially late or not, it's looking increasingly unlikely (with difficulty rises)  we will even get our money back let alone make a return on investment. The doubling of kit in August is a relatively meaningless gesture. The Black Arrow bunch have also failed just as miserably, their kit was 50% more bang than neptunes at lower price, and they are also giving an immediate 50% increase in kit, but even that math doesnt work, people are taking their refunds in droves.
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