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Topic: [CLOSED] Spondoolies-Tech SP30 pre-order - Specs: 0.69$/GH + 0.46W/GH - page 27. (Read 43032 times)

legendary
Activity: 1596
Merit: 1026

If they don´t deliver a product then you will be entitled your money back, fraud protection law covers you there.
The most naïve person on the planet.  What are you going to do to enforce these laws?  Are you going to travel to Gaza and hire a lawyer who will take these guys into court? 

Hahahahha!

Ask the customers of Butterfly labs about your fraud protection law.  They'll be able to give you some pointers about relying upon such things. 
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
From a practical standpoint, there isn´t too much they can do.

If they don´t deliver a product then you will be entitled your money back, fraud protection law covers you there.

As far as the exact timescale goes, it is ofcourse in the hands of the company to get everything out of the door on time.
However, what i have seen from them by now, they deployed the 1st generation on time, even finishing shipping faster than the deadlines.
(A reminder: all April units have already shipped, and April still has 10 days....)

Therefore it isn´t too much of a gamble trusting the August delivery will be on time, especially as chips are already scheduled to arrive early-mid July and a few early bird
orders will actually be fulfilled by the end of July.

IF they for any reason don´t make the deadline, i am sure they will figure out some kind of compensation.

On a side note: Hashfast had a protection against late delivery, but nobody has yet received any compensation although nearly all of their products are late, and refund requests are often ignored, although they were promised.

Very accurate. You've saved me a lot of writing. Thanks.

Some dates:
1st gen ASICs arrived on 27 February, we had testing boards ready and working in the same day and fully working miners within 3 days (due to the weekend...)
We're taping out RockerBox in the beginning-mid of May, we'll have the ASICs ready in the beginning-mid of July.
We've already sold out our July batch (small number of miners). We'll ship all July batch during July.
We'll start producing August batch by the end of July.

As already discussed in our thread, the RockerBox ASIC is a relative simple die shrink (40nm -> 28nm) of our 1st gen Hammer ASIC. Same engine, etc.
We're doing extensive verification and FPGA simulation nevertheless.
The entire project is on track for delivery on time and on spec.

We intend to be here for a long time. In case of a Force Majeure event that will cause a delay. We'll find a way to compensate our customers and make them whole.
We don't intend to discuss the exact mechanism because it won't happen.

The deceitful respond would be "full refunds".
hero member
Activity: 714
Merit: 500
From a practical standpoint, there isn´t too much they can do.

If they don´t deliver a product then you will be entitled your money back, fraud protection law covers you there.

As far as the exact timescale goes, it is ofcourse in the hands of the company to get everything out of the door on time.
However, what i have seen from them by now, they deployed the 1st generation on time, even finishing shipping faster than the deadlines.
(A reminder: all April units have already shipped, and April still has 10 days....)

Therefore it isn´t too much of a gamble trusting the August delivery will be on time, especially as chips are already scheduled to arrive early-mid July and a few early bird
orders will actually be fulfilled by the end of July.

IF they for any reason don´t make the deadline, i am sure they will figure out some kind of compensation.

On a side note: Hashfast had a protection against late delivery, but nobody has yet received any compensation although nearly all of their products are late, and refund requests are often ignored, although they were promised.
sr. member
Activity: 336
Merit: 250
i get it, i just dont see how 'We never said that we won't be accountable for delays'

and

'Spondoolies shall not be liable under whatsoever circumstances' can come from the same entity.

and referring to hardware sales as a 'gamble' etc


trust us, we shall not be liable for customers trusting in us.

wtf?? am i just ruined from past experiences??

we all are, some of us just like the pain Cheesy
legendary
Activity: 1848
Merit: 1001
i get it, i just dont see how 'We never said that we won't be accountable for delays'

and

'Spondoolies shall not be liable under whatsoever circumstances' can come from the same entity.

and referring to hardware sales as a 'gamble' etc


trust us, we shall not be liable for customers trusting in us.

wtf?? am i just ruined from past experiences??
sr. member
Activity: 336
Merit: 250
im in the same mind-frame.

its like we're being told two different things by the same people.

this for me makes it worse.

while im tempted, i cant ignore the aggressive push for sales and the defensive nature of some of the responses to legitimate concerns.

along with the august delivery date, 'promises' of ROI & the classic, 'do your own research because we wont be held accountable for delays' etc make it quite the scary propsition.


"The aggressive push for sales" was explained at some length, for example: https://bitcointalksearch.org/topic/m.6293879

We're directing wandering customers to the group buy: http://www.spondoolies-tech.com/blogs/news/13780541-special-easter-passover-discount-on-sp30-group-purchase

We don't guarantee or promise ROI. We do believe it's a terrific deal with very good chance for an excellent ROI. We can't predict the hash-rate. We can't predict BTC value.

We never said that we won't be accountable for delays. We did say that we'll deliver on time and on spec.

We wouldn't have taken pre-orders if we had any doubts about our ability to deliver. We won't take pre-orders for our 3rd gen which is an higher risk.


And what recourse do we have if you do not deliver on time/spec?

NONE according to your own ToS.

is it just myself & Smooth that seem to be baffled by the double speak here??
edgar, my 2 cents and we'll let spondoolies answer when he can. I think I read somewhere that the chips are being made now and will be delivered in july in time for assembly and shipping I am guessing mid to late August. I think spondoolies is saying they will do what they can but should some unforeseen event occur well then we will be S.O.L (unforeseen event = war, mother nature, catastrophe etc etc). 
legendary
Activity: 1848
Merit: 1001
im in the same mind-frame.

its like we're being told two different things by the same people.

this for me makes it worse.

while im tempted, i cant ignore the aggressive push for sales and the defensive nature of some of the responses to legitimate concerns.

along with the august delivery date, 'promises' of ROI & the classic, 'do your own research because we wont be held accountable for delays' etc make it quite the scary propsition.


"The aggressive push for sales" was explained at some length, for example: https://bitcointalksearch.org/topic/m.6293879

We're directing wandering customers to the group buy: http://www.spondoolies-tech.com/blogs/news/13780541-special-easter-passover-discount-on-sp30-group-purchase

We don't guarantee or promise ROI. We do believe it's a terrific deal with very good chance for an excellent ROI. We can't predict the hash-rate. We can't predict BTC value.

We never said that we won't be accountable for delays. We did say that we'll deliver on time and on spec.

We wouldn't have taken pre-orders if we had any doubts about our ability to deliver. We won't take pre-orders for our 3rd gen which is an higher risk.


And what recourse do we have if you do not deliver on time/spec?

NONE according to your own ToS.

is it just myself & Smooth that seem to be baffled by the double speak here??
sr. member
Activity: 336
Merit: 250
Not sure this was asked and answered and my apologies in advance if it was... what if the people pledging do not pay spondoolies for the units? Fore example if 255 units are pledged before the deadline but only 240 are actually paid for do we all still get the 250 unit volume pricing?


+1
I also think like you and Spondoolies can give some if...else for this situation asap.
Good one. We trust the people will honour their pledge.
We'll start collecting after reaching the 250 mark. We'll start collecting according to the deal RoadStress negotiated, e.g. the discounted pricing.
If people won't honour the pledge, we won't ask for the higher price. However ,we will be disappointed.
You trust us with your pre-order. We want to trust you to honour the deal.
spoondoolies, as someone pointed out earlier, I love the honeymoon phase, its always the best. Promises to the moon, thank you! And I don't think you'll have a prob. with payments, hell I've been pondering units 2 and 3.

Thanks for the quick reply. I will bring that to the attention of the Freicoin miners / pools group I am working with on this and we are hoping to get 4 x SP30s pledged and money collected.
'Just when I thought I was out....they pull me back in'
I keep saying this cause I am tired of the ASIC rat race, but in the end I am a rat! Cheesy
hero member
Activity: 924
Merit: 1000
Not sure this was asked and answered and my apologies in advance if it was... what if the people pledging do not pay spondoolies for the units? Fore example if 255 units are pledged before the deadline but only 240 are actually paid for do we all still get the 250 unit volume pricing?


+1
I also think like you and Spondoolies can give some if...else for this situation asap.
Good one. We trust the people will honour their pledge.
We'll start collecting after reaching the 250 mark. We'll start collecting according to the deal RoadStress negotiated, e.g. the discounted pricing.
If people won't honour the pledge, we won't ask for the higher price. However ,we will be disappointed.
You trust us with your pre-order. We want to trust you to honour the deal.
spoondoolies, as someone pointed out earlier, I love the honeymoon phase, its always the best. Promises to the moon, thank you! And I don't think you'll have a prob. with payments, hell I've been pondering units 2 and 3.

Thanks for the quick reply. I will bring that to the attention of the Freicoin miners / pools group I am working with on this and we are hoping to get 4 x SP30s pledged and money collected.
sr. member
Activity: 336
Merit: 250
Not sure this was asked and answered and my apologies in advance if it was... what if the people pledging do not pay spondoolies for the units? Fore example if 255 units are pledged before the deadline but only 240 are actually paid for do we all still get the 250 unit volume pricing?


+1
I also think like you and Spondoolies can give some if...else for this situation asap.
Good one. We trust the people will honour their pledge.
We'll start collecting after reaching the 250 mark. We'll start collecting according to the deal RoadStress negotiated, e.g. the discounted pricing.
If people won't honour the pledge, we won't ask for the higher price. However ,we will be disappointed.
You trust us with your pre-order. We want to trust you to honour the deal.
spoondoolies, as someone pointed out earlier, I love the honeymoon phase, its always the best. Promises to the moon, thank you! And I don't think you'll have a prob. with payments, hell I've been pondering units 2 and 3.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
We never said that we won't be accountable for delays.

According to your terms of sale, you won't be accountable for delays

Quote
We did say that we'll deliver on time and on spec. We wouldn't have taken pre-orders if we had any doubts about our ability to deliver.

Your terms of sale instruct us not to rely on these statements.

Quote
Delivery dates communicated or acknowledged by Spondoolies in the Order Confirmation are approximate only, and are dependent upon supply chain interruptions and stoppages, development delays, and other factors. Therefore, Purchaser shall not rely upon, and Spondoolies shall not be liable under whatsoever circumstances for any other estimation statement of expectation when delivery will occur. link


Already discussed, repeatedly, in our thread.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Maybe paypal or wire option? I'm in fiat.
Are you referring to 0.1 BTC participation token ?

If this is the case, we'll submit 0.1 BTC on your behalf.
You'll need to pay additional 0.1 BTC value when we'll collect the payment.

If you're referring to the payment itself, it can be with wire transfer.

Please close the details with RoadStress through the PM.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Not sure this was asked and answered and my apologies in advance if it was... what if the people pledging do not pay spondoolies for the units? Fore example if 255 units are pledged before the deadline but only 240 are actually paid for do we all still get the 250 unit volume pricing?


+1
I also think like you and Spondoolies can give some if...else for this situation asap.
Good one. We trust the people will honour their pledge.
We'll start collecting after reaching the 250 mark. We'll start collecting according to the deal RoadStress negotiated, e.g. the discounted pricing.
If people won't honour the pledge, we won't ask for the higher price. However ,we will be disappointed.
You trust us with your pre-order. We want to trust you to honour the deal.
newbie
Activity: 24
Merit: 0
full member
Activity: 178
Merit: 100
Not sure this was asked and answered and my apologies in advance if it was... what if the people pledging do not pay spondoolies for the units? Fore example if 255 units are pledged before the deadline but only 240 are actually paid for do we all still get the 250 unit volume pricing?


+1
I also think like you and Spondoolies can give some if...else for this situation asap.
hero member
Activity: 924
Merit: 1000
Not sure this was asked and answered and my apologies in advance if it was... what if the people pledging do not pay spondoolies for the units? Fore example if 255 units are pledged before the deadline but only 240 are actually paid for do we all still get the 250 unit volume pricing?

legendary
Activity: 2968
Merit: 1198
We never said that we won't be accountable for delays.

According to your terms of sale, you won't be accountable for delays

Quote
We did say that we'll deliver on time and on spec. We wouldn't have taken pre-orders if we had any doubts about our ability to deliver.

Your terms of sale instruct us not to rely on these statements.

Quote
Delivery dates communicated or acknowledged by Spondoolies in the Order Confirmation are approximate only, and are dependent upon supply chain interruptions and stoppages, development delays, and other factors. Therefore, Purchaser shall not rely upon, and Spondoolies shall not be liable under whatsoever circumstances for any other estimation statement of expectation when delivery will occur. link

donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
From the OP:

Waiting for your Neptune refund?
Secure your place now by sending the reservation fee and pay only 3000$ per unit when required and pay the rest after you get your refund. You will need to have proof of asking refund. That will be mandatory!
hero member
Activity: 518
Merit: 500

We can do 3,000$ pre-payment, the rest before shipping.

I was asking about trying the 40-60 split, but it is well enough to use the 3,000 pre payment. Guy told me to post it here or tell Roadstress. Please update the thread.

Thank you.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
while im tempted, i cant ignore the aggressive push for sales and the defensive nature of some of the responses to legitimate concerns.

along with the august delivery date, 'promises' of ROI & the classic, 'do your own research because we wont be held accountable for delays' etc make it quite the scary propsition.


"The aggressive push for sales" was explained at some length, for example: https://bitcointalksearch.org/topic/m.6293879

We're directing wandering customers to the group buy: http://www.spondoolies-tech.com/blogs/news/13780541-special-easter-passover-discount-on-sp30-group-purchase

We don't guarantee or promise ROI. We do believe it's a terrific deal with very good chance for an excellent ROI. We can't predict the hash-rate. We can't predict BTC value.

We never said that we won't be accountable for delays. We did say that we'll deliver on time and on spec.
We wouldn't have taken pre-orders if we had any doubts about our ability to deliver. We won't take pre-orders for our 3rd gen which is an higher risk.
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