Topic: Group Buy 12 KNCMINER Jupiter's 1BTC per Share Escrow by John K w/ Closed. (Read 1560 times)

is there another thread for it?

because it seems like dead?!?

Still going on just buy your share

what happened to this gb?

any news?

glad that we have John escrow for this group buy, looking forward for some shares.

http://pastebin.com/raw.php?i=GMRCjGpt

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The escrow address for dan99's KNCMiner group buy is:

1NEzSthDuUHGtvXVA84h54hBpxceTmMS3t

Please state and agree to the conditions (if item is received damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any discrepancies later on and please ship with tracking to prevent problems during delivery.
GPG signing is not a requirement, and any verbal exchange in the form of private messages or posts on bitcointalk.org, or email is effective as a statement of condition.

Do note that I am only responsible for the funds up to the point it is sent to KNCMiner.
Any losses incurred by KNCMiner's or dan99's failure to ship/reship/pay dividends will not be borne by me, but I will release the following data to aid in litigation actions.

In addition to that, I confirm the receipt of:

1) Photo of dan99's Driving License



The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
The escrow holder, John, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.  On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others or theymos. 
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Please understand that I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction.   
I am imposing a fixed and nonrefundable fee of 2% for this transaction, to be deducted when the funds are moved.

Thank you.

John (the escrow holder)
9 June 2013

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This Group buy is for 12 unit of  KNCminer Jupiter's made by (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Jupiter @ 350GH/s https://www.kncminer.com/products/jupiter.  

We are Offering:

- 720 shares at 1 BTC each only
- Each share will give the owner  1/720 th* of the BTC proceeds from the group of 12 KNC Jupiter's mining 24/7 till no longer profitable or sold (less expenses and management fees)
- management fees are 3.5%*  of BTC mined after expenses are deducted.(expenses include but not limited too, hosting, repairs, shipping, taxes and others unforeseen expenses)
- payment will be made to the address of the share-holder   3  times weekly  
- miners will be hosted at KNCMINER facility in Stockholm, Sweden

John K Escrow : https://bitcointalksearch.org/topic/m.2416699

Purchase Share:

- Send 1 BTC per share to address: 1NEzSthDuUHGtvXVA84h54hBpxceTmMS3t
  This address will be for this Group Buy
- PM me/and post the transaction ID (txid) in this thread.  
- ONLY use sending addresses you fully control. I will use the sending address for BTC payouts for your share ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.
-This Group Buy will be sold in lots of 60 to qualify for another KNC Jupiter
-anyone not included in another 60 share lot before the early pre order closes will be refunded
- Every time when they are enough shares for a Jupiter Miner I will be purchased them quickly.
- Note your shares can only be sold after we have bought the Jupiter Miner with a 5% fee.

  

IN THE EVENT OF NON DELIVERY:
 - I (dan99 )will take no responsibility for the possibility that KNC Miner does not deliver the Jupiter miner. I(dan99) have done what I consider a thorough Due diligence but as we all know, you can never 100% guarantee anything when it comes to pre-orders.
- Refunds will be given in case of non-delivery less 2% for management fees for this Group Buy.
- this group buy will be refunded after Nov 1, 2013 if KNC Jupiter does not delivered
- majority share holders can elect to wait further, or some shareholders who choose not to wait can sell their shares to existing KNCminer Group Buy shareholders or others outside of this group with proof of their transactions.

- At such a time I can suggest to sell KNC Jupiter at any time and majority vote by share holders can decide to sell or not. Sale proceeds will distributed on a prorated share basis
- I (dan99) will not be responsible if KNC Jupiters does not hash at advertised rate of 350 GH/s

Why should I trust you?

- I have communicated with John several time in the past.
- have done some transactions on this forum ( do a profile search, or I can PM )
- PM me for other information you need to verify identity


-*The 1/720 share will be prorated if there is not enough interest to buy all 12 Jupiters

If I you have further questions.  Please feel free to ask/post/ in this thread or PM me.


Name :    Payment Address :              Shares:


This offer will remain open until I received enough shares to buy the 12 Jupiters but whenever there is enough
shares to buy 1 Jupiter payments will be made immediately for the 1 Jupiter.