I am really diggin' this deal, but my problem is they offer no possible legal recourse, any guarantees of any kind, and quite frankly pre-ordering under those conditions has got to stop. I am definitely interested in ordering this miner, no doubt, and maybe multiple, but the bottom line is this:
"3.Delivery; Shipment. 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."
What do I have to know that they will make it right if we are royally screwed on the delivery date? No Plan B? Any comment on this and I am certainly in for at least 1...
Until now even this "legal recourse" that you are talking about didn't make BFL go out of business. They are still taking pre-order money for the Monarch which was supposed to release in November/December. Nothing happened with Labcoin and Terrahash(as far as i know), nothing happened with Cointerra and their under spec miner. Maybe HashFast will face some problems, but it seems that for the moment they are doing just fine by selling customer chips to 3rd party suppliers. Going the legal way is very time and money consuming and considering that Bitcoin is something that the legal system wasn't prepared for you might face a lot of problems by going this route too. I would agree with the legal recourse if BFL was out of business and Sonny and Inaba were behind bars, but while in theory this might sound ok, in reality things are a bit different.
I would like to offer you a deal, but i want to make it only for you and it won't happen again and i don't want to have any influence for the rest of the group buy. I can offer to support your losses by fully repaying you in case of non-delivery in August. It's not much and it's only my word. I would get the scammer tag if i don't pay you and my reputation here will be over. You will need to agree it first and then after I post "I agree" it will be binding for me. I reserve the right to not agree it if there will be a lot of people that will complain that i'm trying to gather more units and if i feel that it's the wrong thing to do it, although until now this Group Buy is doing just fine.
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RoadStress and Spondoolies-Tech, please post your thoughts.
I can't post any thoughts regarding that because only Spondoolies Tech cand make that decision, but man you really want some SP10s right?
News:
I have updated the OP with the number of units that we got plus i have raised the maximum number of reservations to 1100 in case there are some customers that won't pay. The number of the units for August will still be
1000. If there is a way to add a countdown timer just let me know.