Whatever funds are recovered from the two of them ONLY goes to the bidder....
Only Barber's claims are being auctioned off. 
Topic: HashFast announces specs for new ASIC: 400GH/s - page 29. (Read 880461 times)
I apologize, but I don't know where the details of the auction are, and I have not spent much time searching.
Would anyone mind providing a link?
Would anyone mind providing a link?
The arstechnica article links the court document with the details. It's Dec. 4th in San Francisco if you plan to bid there is a procedure you need to follow a head of time to show you are a serious bidder.
https://www.documentcloud.org/documents/1355370-gov-uscourts-canb-522575-228-0.html
http://arstechnica.com/tech-policy/2014/11/its-all-over-bitcoin-miner-maker-hashfast-to-auction-remaining-assets/
I apologize, but I don't know where the details of the auction are, and I have not spent much time searching.
Would anyone mind providing a link?
Would anyone mind providing a link?
Has anybody set up a pool for funding on the auction?
Whatever funds are recovered from the two of them ONLY goes to the bidder....
Only Barber's claims are being auctioned off. 
Minor Manor is quick to blame and be judgmental himself but forgets that it was his fearless brother and the inept creditors committee that hired all the lawyers (that didn't know jack shit about process or business), who kept HF from making any sales when they could, and who hired the CRO who spent all the money along with the lawyers. How can you possibly blame "management" who generically and specifically don't even exist anymore (as if they ever did)? When do the creditors get to claim suits against the creditors committee for such a nonsensical waste of taxpayer monies to pay a bunch of legal and administrative expenses and screw all of us creditors? Or is the assumption that some angry bunch of "we don't know anything but how to play online all day complaining" guys going to bid on the claim against Eddie and Simon in order to pay the creditors with the pittance they get out of that?
Management hired two sets of lawyers. Those were the morons that ran this company into the ground for the last six months refusing to do anything.But to the point you seem concerned about. The winner of the auction for the claims against management OWNS those claims. Whatever funds are recovered from the two of them ONLY goes to the bidder....
Nothing goes to the estate other than the amount bid.
how many of those mil are going to the lawyers before we get the scraps?
After careful analysis of your claim and calculations of the expected revenue from the auction less all the expenses that management have created to benefit themselves and their lawyers, I think an accurate range of what you can expect is $0 to $50 in compensation for your own personal claim. I would advise you that probability curve is skewed so you should likely be looking to lower end of this curve. Surprised such a brilliant, financial guy that could bring together 10s of millions from large investors could not figure out this for themselves.Try to act like the christian you pretend to be and watch your language. As for being smarter than you, the hurdle you set was low.
Minor Manor is quick to blame and be judgmental himself but forgets that it was his fearless brother and the inept creditors committee that hired all the lawyers (that didn't know jack shit about process or business), who kept HF from making any sales when they could, and who hired the CRO who spent all the money along with the lawyers. How can you possibly blame "management" who generically and specifically don't even exist anymore (as if they ever did)? When do the creditors get to claim suits against the creditors committee for such a nonsensical waste of taxpayer monies to pay a bunch of legal and administrative expenses and screw all of us creditors? Or is the assumption that some angry bunch of "we don't know anything but how to play online all day complaining" guys going to bid on the claim against Eddie and Simon in order to pay the creditors with the pittance they get out of that?
tell me, if all the refunds were paid off, and they actually got working boards before all the lawsuits, would you consider that positive? i just want to make sure our definitions of the word positive match up.
Be serious. We know they had no capacity to ship all batches including all the MPPs. A few people might have gotten some hardware or refunds, but plenty more would have ended up with nothing. Now everyone has a chance to get something.
tell me, if all the refunds were paid off, and they actually got working boards before all the lawsuits, would you consider that positive? i just want to make sure our definitions of the word positive match up.
Be serious. We know they had no capacity to ship all batches including all the MPPs. A few people might have gotten some hardware or refunds, but plenty more would have ended up with nothing. Now everyone has a chance to get something.
All i do know is there was a large chance of a positive outcome
In your dreams.
All i do know is there was a large chance of a positive outcome
In your dreams.
No, it comes from dealing with people like you James.
Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
when you are rude, prepare to receive it in turn, i had said nothing to you, yet you come in attacking. If you wish to act like a civil human being, then do so. Otherwise do not try to insult people you don't know. talking about christians when obviously not being one yourself, i'd suggest not talking on things you do not understand. i'd keep out of that realm, you will entrap yourself quick.Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
You should try to be more descriptive in your criticisms and less judgmental. You will find that people will think more highly of you.
I answered your question. You were the one that immediately attacked and were quite rude. Maybe getting a good job would make you less angry?
Only trying to help you out.
"After careful analysis of your claim and calculations of the expected revenue from the auction less all the expenses that management have created to benefit themselves and their lawyers, I think an accurate range of what you can expect is $0 to $50 in compensation for your own personal claim. I would advise you that probability curve is skewed so you should likely be looking to lower end of this curve. Surprised such a brilliant, financial guy that could bring together 10s of millions from large investors could not figure out this for themselves."
If you can't figure out your original response is a snarky attack, i have some bad news for you.
If people don't think highly of me, thats fine, they don't need to listen to me, not like im going to sit here and be like "i know everything" unlike some people we know.
All i do know is there was a large chance of a positive outcome that was utterly broken because a lawyer sold alot of people on a bad decision. hindsight is wonderful, but when you are in the thick of it and know whats up... those people should probably not be so easily thrown to the side. but that is your decision. the outcome that has happened was not entirely expected, i knew that the chapter 7 would never happen in a million years, everyone was sold by their lawyer telling them, "NAWWWW IT CAN HAPPEN" and arguing about that here, which i feel they should probably apologize and give a big hearty... "ok asshole, you were right" but the pride in here is redonkulous, ill admit i was wrong thinking they were gonna get an investor and at least get going, won't be able to pay out for a while.
BTW you will see that group of investors soon, they went the route of opening their own company.
No, it comes from dealing with people like you James.
Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
when you are rude, prepare to receive it in turn, i had said nothing to you, yet you come in attacking. If you wish to act like a civil human being, then do so. Otherwise do not try to insult people you don't know. talking about christians when obviously not being one yourself, i'd suggest not talking on things you do not understand. i'd keep out of that realm, you will entrap yourself quick.Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
You should try to be more descriptive in your criticisms and less judgmental. You will find that people will think more highly of you.
I answered your question. You were the one that immediately attacked and were quite rude. Maybe getting a good job would make you less angry?
Only trying to help you out.
No, it comes from dealing with people like you James.
Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
when you are rude, prepare to receive it in turn, i had said nothing to you, yet you come in attacking. If you wish to act like a civil human being, then do so. Otherwise do not try to insult people you don't know. talking about christians when obviously not being one yourself, i'd suggest not talking on things you do not understand. i'd keep out of that realm, you will entrap yourself quick. Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
No, it comes from dealing with people like you James.
Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
Do you even have a job? It does not seem like it. You should focus on it, keep your head down. Work hard. Things will work out for you.
The anger you are displaying is not healthy.
The answer to the question you asked is not summed yet. I answered what you can expect. The rest will be around 30% management and 60% lawyers. That is my best guess until all the bills get submitted and justified. If you wish to act like a civil human being, than do so. Otherwise do not try to insult people you do not know. Try to be a good christian or stop pretending that you are one.
how many of those mil are going to the lawyers before we get the scraps?
After careful analysis of your claim and calculations of the expected revenue from the auction less all the expenses that management have created to benefit themselves and their lawyers, I think an accurate range of what you can expect is $0 to $50 in compensation for your own personal claim. I would advise you that probability curve is skewed so you should likely be looking to lower end of this curve. Surprised such a brilliant, financial guy that could bring together 10s of millions from large investors could not figure out this for themselves.Try to act like the christian you pretend to be and watch your language. As for being smarter than you, the hurdle you set was low.
how many of those mil are going to the lawyers before we get the scraps?
After careful analysis of your claim and calculations of the expected revenue from the auction less all the expenses that management have created to benefit themselves and their lawyers, I think an accurate range of what you can expect is $0 to $50 in compensation for your own personal claim. I would advise you that probability curve is skewed so you should likely be looking to lower end of this curve. Surprised such a brilliant, financial guy that could bring together 10s of millions from large investors could not figure out this for themselves.Try to act like the christian you pretend to be and watch your language. As for being smarter than you, the hurdle you set was low.
how many of those mil are going to the lawyers before we get the scraps?
After careful analysis of your claim and calculations of the expected revenue from the auction less all the expenses that management have created to benefit themselves and their lawyers, I think an accurate range of what you can expect is $0 to $50 in compensation for your own personal claim. I would advise you that probability curve is skewed so you should likely be looking to lower end of this curve. Surprised such a brilliant, financial guy that could bring together 10s of millions from large investors could not figure out this for themselves.I'm talking about this guy, that has been trolling us at the beginning, has an ever knowing lawyer friend and has proven to have access to confidential information:
https://bitcointalksearch.org/user/armyof1ne-330963
/end of my posts here with you for the sanity of the poor customers following this thread.
LOL, why did you link me to this guy, he's my buddy now? first i was eduardo himself, then simon, then a worker of hashfast, then someone from bfl, then just a shill for hashfast... you have to be the dumbest crazy person i have ever met in a forum....https://bitcointalksearch.org/user/armyof1ne-330963
/end of my posts here with you for the sanity of the poor customers following this thread.
thank you for not posting again, it will save everyone from your garbage.
back to actual intelligent conversation.
I guess i can wait to see, but knowing would be nice... just how much they are taking out. from my understand thats how this was setup.
how many of those mil are going to the lawyers before we get the scraps?
After careful analysis of your claim and calculations of the expected revenue from the auction less all the expenses that management have created to benefit themselves and their lawyers, I think an accurate range of what you can expect is $0 to $50 in compensation for your own personal claim. I would advise you that probability curve is skewed so you should likely be looking to lower end of this curve. Surprised such a brilliant, financial guy that could bring together 10s of millions from large investors could not figure out this for themselves. Jump to: