Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 18. (Read 262935 times)

More importantly, how did you get my picture?

Sooo... who/what are you?

True, but when Mr. CEO and/or his business forces his/its way into MY HOUSE via the web or my direct email with baseless threats after holding MY Bitcoin hostage for NO REASONABLE OR LEGAL REASON, it is GAME ON and as an educated business professional who gets the opportunity (ugh) to pay inflated taxes and license fees in the real world, I accept it is my responsibility to at least exercise my Constitutional right (and California Professional Code of Conduct) to expose unethical and immoral activity that, if left unchecked, we ALL end up paying for in one manner or another.

Scott-

I still stand behind my original assessment of this thread.  It's saturated with a bunch of grumpy old men.

You guys are making this too personal and keep moving the target.

Let's keep it simple; as it stands now GAW Hashlets are a bad investment if you are looking for ROI or BTC. Forget about promises or down the road things - right now it's just bad and you can do better just about everywhere else. Simple.

http://cloudminernews.com/the-words-josh-wont-let-me-say/#comment-27


GAW=GreedAtWork November 7, 2014   

All the words Josh won’t let anyone HEAR have already been said thousands of times. The thing is he bans anyone and everyone from his self-controlled self-ego serving forum and deletes each and every post that questions anything to do with his methods. Since you guys love sucking Josh off I wonder what you like more, the koolaid or getting to swallow your GAW god’s load?

[/quote]


This is even better and in true megalomaniac form:

GAW_CEO

@MisterM24 said:

     So you are responsible for all these adds on the website's?
     Well oke...

It's likely that you see something related to at least one of my patents each day :grinning:

Follow me on Twitter - @gawceo
GAW_CEO posted about 6 hours ago

Great, so Josh has established himself as a patent troll by his own admission and words.

Well, let's hope I am, otherwise the outlook for legitimate GAW supporters on this forum would be quite bleak.

Now to bring this somewhat on topic - here is some "industry innovation". I think we may also learn soon that he volunteers for the MSF and plays in the NBA in his spare time.

https://hashtalk.org/topic/17008/josh-garza-s-first-patent-discuss

Those numbers for the banks were in TRILLIONS. Josh would need hashcoin to go to $25,000 to be in that company. I do like the referring to himself as the bank thing though. There really isn't much our little megalomaniac Gawrzatoshi will put past himself being or becoming.

You're right I misread the banks assetts.

You're barking up the wrong tree. It's 7:40 PM here, maybe this will give you a hint as to what zone I'm in. Poland is in a different one.
So now I speak their language too. I must have some hidden talents  

For your information this is off topic too.

Let's look deeper in to who GAW was and is before this latest Scheme...

Some light reading that may enlighten some of you to what seems to be an ongoing trend and this small group, that makes up GAW/Zen, unchaining M.O. in doing business:
http://www.topix.com/forum/city/canaan-vt/THJFBNV4MIFIR075C

Summary -
Support and following through has not been a focus of these individuals.

It appears GAW Wireless really started out as simple cell phone shop that also sold pre-paid calling card/service (the dream that stared hashcard/coin plastic?)
http://www.prepaidarmy.com/store-locator/great-auk-wireless-brattleboro-vt.html

First Business Address (public info):
118 Main St
Brattleboro, VT 05301

They later marketed themselves as an (unregulated) ISP that resold existing hardware/access within a small town environment, which as recent as late last year (just before Josh entered this arena) was proving to be a failure.

Second Business Address (public info):
1300 Putney Rd
Brattleboro, VT 05301
(802) 246-3000


So much info is still out there --

Scott

The Cantor Fitzgerald connection is interesting and explains a few things.

It makes me even less inclined to buy into hashlets/hashbase/hashcoin whatever and most all of you who own hashlets should think about this carefully.

If GAW has an investment bank(er) behind it (Cantor), they are almost certainly looking to be sold and/or for tiers of equity investors (usually through sales of preferred stock).

Any investor who puts millions of dollars into a company, is going to insist on some level of control (Board rights) and preference on distributions of cash (preferred stock dividend and liquidation preference rights among others).

So, lets say that GAW's next big news item is a huge investment from Bigco and/or Private Equity LLP.  Then, its time to RUN for the hills not celebrate, at least for us peons with hashlets.  Why?  Because those investors don't need us, and they will make sure that any profits that go to hashlet owners will be much smaller than profits that go to them.

The fundamental problem arises from the fact that hashlet owners have zero claim to any asset or mining rights:

(1) There is no limit on the number of hashlets GAW can create.  So even if hashlets are profitable with 5 pethahash of mining power, GAW can issue 2x as many new hashlets and dilute the profit down to any level it wants.

(2) There is no minimum actual hash power required per ghs or mhs of hashlet power issued and outstanding.  If each mhs of sold hashlet was guaranteed to be tied to one mhs of scrypt hashpower contractually, then at least there would be some guarantee of earnings.  But that isn't the case.  One mhs of hashlet power could mean .001 mhs of real hash power.  Who knows?  GAW isn't telling so assume the worst.  And even if the CURRENT ratio is 1:1, the future ratio could be anything and certainly new investors will not care to keep hashlet owners happy - why would they when the same "machine" can make them rich?

(3) There is no guarantee that hashlets will have priority over any other instrument issued by GAW (hashbase, hashcoin, hash-whatever could easily have rights and features that outperform Primes and there is nothing that would be violated contractually by that outcome).  Again, why would new investors allow GAW to gift profit to owners of Primes, when they can just bypass hashlets altogether?

(4) If GAW has plenty of money, and hashbase and hashcoin are the future, then why would GAW (or GAW's new investors) cut in current hashlet owners? Out of the goodness of their hearts?  Maybe, but I bet otherwise.  I have seen too many cases where early investors build a company only to be taken out for nothing by later investors.  Happens all the time.

Good luck to anyone that thinks otherwise.  For myself, if I get a PPM from GAW I will consider an investment in preferred stock but **no way** am I putting money in hashlets now.

You might have those asset numbers off by about 3 orders of magnitude. The valuation is ridiculous but not yet on that scale.

Yes, I do honestly think that you are him/her. There was no question to answer. You went off topic and into ad hominem, kupan787 pointed that out, you replied from another account trying to justify your POV. Happens even to the best puppet masters. You being from the same timezone and speaking the same language as all those other socks is just icing on the cake. I'm sure you are fairly confident that you didn't leave any other breadcrumbs and you can deny your links to those accounts, and that's fine. Keep doing what you're doing and I'm sure you'll slip up again soon.

Do you honestly think that because this person answered a question directed to me he is me? What did I even say to be called a shill?
This is getting interesting please go on.

Same SINGLE side of a non-datacenter grade storage warehouse that has been shown before via various strategically placed camera positions/angles... Again, what is shown does not amount to anything more than few US grocery-store isles worth of hardware and NOWHERE near what is needed to support the infrastructure requirement of what GAW/Zen has been trying to market as a cloud mining service (or spiritually enlightening - industry changing coin that will save the world).

Scott-

It's right here, a few posts up in this quote. I bolded it for you. How is weather in Poland? Hey, any chance you know Panda and bitgeek, rumor has it they're both from Poland too. What a tremendous community of GAW supporters you have down there.

And it's gone.