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Topic: [Group buy] Avalon chips Escrow John K / Please check refund list until Sunday - page 12. (Read 51168 times)

sr. member
Activity: 339
Merit: 250
Vice versa is not a meal.
there's no need for a vote, design fees should be included in PCB cost, not on chips which we never received, at last we saw why your board price is cheaper than another - cause your calculations are all wrong!
You do not need to offend me.

Just say that you think I do not deserve payment for organizing this group. THAT IS ENOUGH

I have lost two months worth of wages here, and I have every right to offend every female collateral relative of yours.

Could you all please calm down ? We're all sitting in the same boat and it does not get better if we start to throw stones at our heads, because the harbour closed their doors(i.e avalon).
@racquemis: What you say isnt true ? How do you get to those 18,3% ?
He takes 9%(8.68% to be exact.) what it exactly what was stated on the first page. It's 0.9% less than SebastianJu and Zefir wanted to take.

782.1BTC * 1,09 = 852,489 pet batch.
Makes 0.0852489 BTC/Chip
In my example 32 Chips at 0.0852489 BTC/Chip that makes 2.7279648 BTC
I only payed 2.72BTC because the rest was ceiled down.(We all did, just an example on my own investement)
(2.72 /32) = 0.085 BTC/Chip * 10000 = 850 BTC/Batch

Compared to its original price: 782.1/850 = 0.9201176
Now lets build the inverse of this 1/0.9201176 = 1,0868175
Which results in a margin taken by marto of 8,68% instead of 9%.
Which now builds the discrepancy on that what you paid and the deducted fee from marto. In other words deduct 8.68% from the original price of 0.0085 btc and you got the right solution.

hero member
Activity: 698
Merit: 500
there's no need for a vote, design fees should be included in PCB cost, not on chips which we never received, at last we saw why your board price is cheaper than another - cause your calculations are all wrong!
You do not need to offend me.

Just say that you think I do not deserve payment for organizing this group. THAT IS ENOUGH

I have lost two months worth of wages here, and I have every right to offend every female collateral relative of yours.
sr. member
Activity: 336
Merit: 250
Marto74 is asking for twice the compensation he asked for in the opening post.
From the opening post:

Quote
9. Pricing
A: I am asking for a 9% surplus for my nerves (risk compensation). the 10k chips totaled to 782.1BTC, which results to a resale price of 0.085BTC / chip.

782.1BTC divided by ten Thousand chips equals 0.07821BTC / chip
with the 9% fee it results in a chip of price of 0.085BTC / chip as advertised in the terms. (0,00679 BTC fee)

With the new designers fee of 0,09*0,085=0,00765BTC. The total fees we pay to marto 74 equals a whopping 18,3% fee over the original chip price (excluding escrow fee)

This is unacceptable and i demand that you remove the additional fee before sending the refund list to John K.
This "Cash-in first, ask questions later" tactic is unacceptable. It should be the other around.

to the other GB1 participants:
If we don't have a satisfactory from marto by the end of the day, i urge everybody to contact John K to get the refund on hold before he runs with double the fee.



I also think that is is better to let john pay it directly so that you don't have to ask for it later.
sr. member
Activity: 336
Merit: 250
hero member
Activity: 728
Merit: 500
there's no need for a vote, design fees should be included in PCB cost, not on chips which we never received, at last we saw why your board price is cheaper than another - cause your calculations are all wrong!
You do not need to offend me.

Just say that you think I do not deserve payment for organizing this group. THAT IS ENOUGH
sr. member
Activity: 336
Merit: 250
there's no need for a vote, design fees should be included in PCB cost, not on chips which we never received.

I agree.

+1

Edit: do we need to sign for this  Cheesy
full member
Activity: 174
Merit: 100
agreed. Also there was no word on the HEX16 being designed at the start of this GB1 when we paid for the chips. It was not part of the terms.
Also, even if this wasn't the case,I'm not willing to pay a design fee when you still have given no word on what will done with boards of people with a chip refund.
Can they be refunded when gen2 arrives and new people start ordering? If not there would be no need for a design fee since you then basically got free boards to sell.
full member
Activity: 155
Merit: 100
there's no need for a vote, design fees should be included in PCB cost, not on chips which we never received.

I agree.
hero member
Activity: 698
Merit: 500
there's no need for a vote, design fees should be included in PCB cost, not on chips which we never received, at last we saw why your board price is cheaper than another - cause your calculations are all wrong!
hero member
Activity: 728
Merit: 500
,<4>,; <16>; <0,93852>; <1L1yVgod8mAhBqQNY1t6mjz9F1RyufDiMd>

16 chips at the price of 0.07821 = 1.25136

Why the refund amount is 0.93852?
My mistake , corrected
Sorry
newbie
Activity: 52
Merit: 0
,<4>,; <16>; <0,93852>; <1L1yVgod8mAhBqQNY1t6mjz9F1RyufDiMd>

16 chips at the price of 0.07821 = 1.25136

Why the refund amount is 0.93852?
legendary
Activity: 1190
Merit: 1000
Thanks for your hard work Martin  Smiley
hero member
Activity: 728
Merit: 500
So here is a list of requested refunds with signed emails to be made immediately in sunday after 18:00 GMT :

Quote
,<34>,; <128>; <10,01088>; <1GjAbLU8UTn4YArcGv4kRnkMtWnqe5aq4c>
,<32>,; <32>; <2,50272>; <1LJiC5hmBY7EWrWzfq3NUcsJj4J5HMYcT8>
GB1,38,fex; 48;3,75408; 19bKGxRDdQzxZCiomBQTCJdTuY9hY8MaAG
,<4>,; <16>; <1.25136>; <1L1yVgod8mAhBqQNY1t6mjz9F1RyufDiMd>
,<29>,; <1304>; <101,98584>; <1L1yVgod8mAhBqQNY1t6mjz9F1RyufDiMd>
GB1,8,dimomit,1600,125,136,1JX2hQrwpGf3cFZBM71dHDAkmDUzL3b6D
GB1,36,dimomit,512,40,04352,1JX2hQrwpGf3cFZBM71dHDAkmDUzL3b6D
GB1,14,mbd4,66,5,16186,14YYJPj2GX245Qwt1DyeCRWvuKVeCxEnsp
GB1,Min€r,188,14,70348,17AAr4dEDhgKfpZB7cC4x5Fk35Nm3A1AE9,R
,<37>,; <32>; <2,50272>; <13eNckPoVN2PZJPvZVXt2uopvDBZLRvuy9>
,<33>,; <32>; <2,50272>; <13niA2BjbXg3p3g6YvUy1RCm79AwB9tzgc>
#1, 35, pajak666, 36; 2.81556; 1P4J4Kcib7WEQGxtdcjEwXsDnDJ5BYkpPy
GB1, 34, mitty; 214; 16,73694; 12qGq8GLeqzstyxhJbVY8oEwEDfPhUyYDV
GB1; 31; patica; 320;25,0272; 16muA1AUuKC96zbjd2jYaYpnZkikPuxpxF
<1>,<9>,; <2>; <0,15642>; <1KgAdXtY9yMeKpJiPzfNWwRPp76WZBJZHJ>
,<7>,; <980>; <76,6458>; <173Qmir9hTmvkb3Cmvgj78AV2CjL5azZYS>
GB1,34,ilpirata79; 64; 5,00544; 1UKmHLagJ69SA4gWGMKcNdk5i7FJy6Vqp
,<15>,; <192>; <15,01632>; <1DKaP1CCaEFBBZFMFKHey11SULgptSSdXU>
1, 22, cha0z97; 80;6,2568;19Sy1mEGGJFLv2fbFwAaFFeVg9h62FtrR4
The amounts in the list are based on 0,07821 BTC per chip , that is the Avalon cost that was refunded to the escrow address .
The rest 9 % are the GB tax including the escrow fee.
The escrow fee of 2 % - 0,0015642   BTC per chip is not refundable .
The rest fee of  almost 7 % - 0,0052258 BTC   came to me.
I think I deserve some payment for all the time and efforts in organizing this venture , but if you all decide to ask it in full I'll honor this
I'll left the participants of the GB1 to decide what to do with this tax, in any case I'll be able to refund it in 25 days.
In monday I'll ask for vote about that.
Again everybody , please check the list and in case of any mistakes please send me a PM.
In sunday 18:00 GMT I'll send final list to Jhon K for sending the refund transfers.
GB2 , that is going to be delivered in time is not decided for now, we'll do it next week.

Again thank you for the patience
Best Regards: Martin




















legendary
Activity: 1190
Merit: 1000
Update: all remaining Chips arrived

Today all remaining 3 batches arrived. As planned, I will re-package them over night, drive to Germany tomorrow and ship them out from there.

With that, the partial refund window closed, further requests (starting from epoch 1379691600) can not be served.

There are still a handful of orders with no shipping destination given. Those will be kept back for another 2 weeks and remain claimable. Be aware that for those you will have to pay the S&H as individual orders and you have to pay them in advance. After the 2 weeks hold time, I am going to dump them and to leave the Avalon drama behind.


Thanks for your support and positive feedback. I am going to post one final post with the list of orders shipped, then this venture will end. Throughout half a year I hoped for the best and am really sorry and disappointed it had to end this way.


Best,
zefir
hero member
Activity: 728
Merit: 500
I'll provide a list  of the participants wishing refund tonight.
Then you'll be able to check and send me info on any corrections until sunday afternoon.then I'll send instructions to  John to process these refunds
sr. member
Activity: 336
Merit: 250
Can you confirm the emails you received ... or can you give us a list of missing confirmations refund or chips?

+1

+1
hero member
Activity: 728
Merit: 500
Martin,
Just purchased 2 boards, you should end up with a chip over, use as you see fit. I only payed for boards + packaging at the moment. Do you have a cheaper shipping option, time is no-longer that important.
I'll check and send you a PM
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
Martin,
Just purchased 2 boards, you should end up with a chip over, use as you see fit. I only payed for boards + packaging at the moment. Do you have a cheaper shipping option, time is no-longer that important.
sr. member
Activity: 736
Merit: 262
Me, Myself & I
Can you confirm the emails you received ... or can you give us a list of missing confirmations refund or chips?

+1
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
i'll send you the email a few hours before the deadline so the members of my group buy have the change to react until tomorrow Smiley


edit: any news about K1?

If they will not be produced, these chips will be asked for refund...
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