HashFast announces specs for new ASIC: 400GH/s - page 81.

Minor Miner

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Quote from: pmorici on July 15, 2014, 02:22:13 PM

Quote from: Entropy-uc on July 15, 2014, 01:24:47 PM

I am at the US Trustee's office for the continued 341a hearing. Our lawyer scared Simon so much last week that he is refusing to appear. He and Eduardo are hiring personal lawyers. Interestingly, Simon has hired a lawyer Ray Gallo aggressively pushed the committee to select.

Well there are only like 4 or 5 lawyers in all of San Francisco right? So what choice did he have!
Edit: My bad there are 17,000 Lawyers in SF and several thousand more in the surrounding area.

Sorry, I am confused. Simon has hired a personal lawyer and it is the same lawyer that Ray Gallo was pushing the committee to hire to represent the creditors?
How could that happen? There seem to be a lot of coincidences in this bitcoin world.
Who does Ray Gallo represent anyway? I thought he was just a contingency lawyer? Why would he be representing creditors now that we are all going to share equally in whatever amount we can recover from the estate? Why would they pay out part of what they will receive regardless to a lawyer that is not able to get them anything more than what they will get as part of the normal estate settlement?
I hate when things do not make sense. Especially, when it comes to hashfast.

cedivad

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Quote from: vokain on July 15, 2014, 02:18:58 PM

so if Simon stays abroad and decides to stay abroad, is he out of US jurisdiction?

Re, juristidction: http://en.wikipedia.org/wiki/Leon_Trotsky#Assassination
(Unrelated, but always interesting to remember).

Who is Simon's new lawyer?

ninjarobot

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At the end of the day, it looks like the only winners in this game are the lawyers.

pmorici

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Quote from: Entropy-uc on July 15, 2014, 01:24:47 PM

I am at the US Trustee's office for the continued 341a hearing. Our lawyer scared Simon so much last week that he is refusing to appear. He and Eduardo are hiring personal lawyers. Interestingly, Simon has hired a lawyer Ray Gallo aggressively pushed the committee to select.

Well there are only like 4 or 5 lawyers in all of San Francisco right? So what choice did he have!

Edit: My bad there are 17,000 Lawyers in SF and several thousand more in the surrounding area.

vokain

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so if Simon stays abroad and decides to stay abroad, is he out of US jurisdiction?

HardwareReviewer

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Quote from: Entropy-uc on July 15, 2014, 01:24:47 PM

I am at the US Trustee's office for the continued 341a hearing. Our lawyer scared Simon so much last week that he is refusing to appear. He and Eduardo are hiring personal lawyers. Interestingly, Simon has hired a lawyer Ray Gallo aggressively pushed the committee to select.

Either he/she would be a very good lawyer then, or...

Entropy-uc

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I am at the US Trustee's office for the continued 341a hearing. Our lawyer scared Simon so much last week that he is refusing to appear. He and Eduardo are hiring personal lawyers. Interestingly, Simon has hired a lawyer Ray Gallo aggressively pushed the committee to select.

cedivad

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Open a video editor, use it as a soundtrack and upload it on YouTube. I cant upload anything safely right now (if someone provided a temp link I would wget it to hashfast.org).

pmorici

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Quote from: jjiimm_64 on July 15, 2014, 09:30:55 AM

Quote from: pmorici on July 12, 2014, 02:53:05 AM

Quote from: MrTeal on July 11, 2014, 11:07:35 PM

Is there any audio of today's hearing?

https://dl.dropboxusercontent.com/u/434350/3bk2014-30725_7112014-30205-PM.mp3

was this taken down? I only listened to the first 1/3. anyone still have it?

It was to popular so Dropbox rate limited it. If anyone has a server they can post it on I'd be happy to get them the file but I don't have a good place to host this.

dropt

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Quote from: digitalbrass on July 15, 2014, 09:32:51 AM

Please post facts about how im "making new accounts to spread bs."

Curb your attitude you asshole. I will say whatever I want on this subject because I am owed money just like you. So take your self absorbed rightious ass elsewhere. Dickhead.

I have nothing but hatred for simon barber and the hashfast team. And that is my right.

Grow up.

digitalbrass

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Quote from: Minor Miner on July 15, 2014, 09:12:34 AM

Quote from: digitalbrass on July 15, 2014, 08:02:19 AM

simon barber needs to go to prison. I hope his veneuluzan house burns down to with him in it.

go away. stop spreading hate and lies. If you had any facts, you would post them instead of making new accounts to spread bs.

Please post facts about how im "making new accounts to spread bs."

Curb your attitude you asshole. I will say whatever I want on this subject because I am owed money just like you. So take your self absorbed rightious ass elsewhere. Dickhead.

I have nothing but hatred for simon barber and the hashfast team. And that is my right.

jjiimm_64

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Quote from: pmorici on July 12, 2014, 02:53:05 AM

Quote from: MrTeal on July 11, 2014, 11:07:35 PM

Is there any audio of today's hearing?

https://dl.dropboxusercontent.com/u/434350/3bk2014-30725_7112014-30205-PM.mp3

was this taken down? I only listened to the first 1/3. anyone still have it?

Minor Miner

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Quote from: pmorici on July 15, 2014, 07:46:36 AM

Quote from: itod on July 15, 2014, 04:48:36 AM

Quote from: pmorici on July 14, 2014, 12:42:01 PM

Audio from the Hashfast meeting of creditors, Simon and Monica testifying for 3.5 hours under oath.

I've molested myself through listening to (almost) all of this. If I've understood it correctly, all really valuable intellectual property (chip design) is held by separate company, HashFast LLC, which rented it for a fee to HashFast Technologies, which collected the money and organized the production. Even if HashFast Technologies get's in the hands of the creditors, we only get the stash of already produced chips to sell them and divide the money from that sale, and Eduardo + Simon keep the control of the other company, HashFast LLC, and can do with the chip design whatever they want. Is this the correct understanding of what is happening?

You understand Hashfast's opinion on the matter correctly, yes. That doesn't mean they are correct though, patience, patience.

If Hashfast LLC, actually owned the intellectual property, it would have had to have been funded by EQUITY dollars of the investors with enough money to fully pay for that IP. I highly doubt it was. It is more likely that the creditors of Hashfast Technologies funded it and there is no judge in the world that would see these as separate. This is not a worry.

Minor Miner

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Quote from: digitalbrass on July 15, 2014, 08:02:19 AM

simon barber needs to go to prison. I hope his veneuluzan house burns down to with him in it.

go away. stop spreading hate and lies. If you had any facts, you would post them instead of making new accounts to spread bs.

digitalbrass

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simon barber needs to go to prison. I hope his veneuluzan house burns down to with him in it.

pmorici

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Quote from: itod on July 15, 2014, 04:48:36 AM

Quote from: pmorici on July 14, 2014, 12:42:01 PM

Audio from the Hashfast meeting of creditors, Simon and Monica testifying for 3.5 hours under oath.

I've molested myself through listening to (almost) all of this. If I've understood it correctly, all really valuable intellectual property (chip design) is held by separate company, HashFast LLC, which rented it for a fee to HashFast Technologies, which collected the money and organized the production. Even if HashFast Technologies get's in the hands of the creditors, we only get the stash of already produced chips to sell them and divide the money from that sale, and Eduardo + Simon keep the control of the other company, HashFast LLC, and can do with the chip design whatever they want. Is this the correct understanding of what is happening?

You understand Hashfast's opinion on the matter correctly, yes. That doesn't mean they are correct though, patience, patience.

cedivad

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We will get our hands on the Delaware LLC.
One of the most interesting parts was the new board (and substrate) design, that would allow for a pricing of less than half of the current in hand cost of 0.78$/GH. 0.30$/GH is probably around or lower than the production cost Chinese products have.

itod

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Quote from: pmorici on July 14, 2014, 12:42:01 PM

Audio from the Hashfast meeting of creditors, Simon and Monica testifying for 3.5 hours under oath.

I've molested myself through listening to (almost) all of this. If I've understood it correctly, all really valuable intellectual property (chip design) is held by separate company, HashFast LLC, which rented it for a fee to HashFast Technologies, which collected the money and organized the production. Even if HashFast Technologies get's in the hands of the creditors, we only get the stash of already produced chips to sell them and divide the money from that sale, and Eduardo + Simon keep the control of the other company, HashFast LLC, and can do with the chip design whatever they want. Is this the correct understanding of what is happening?

allinvain

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Quote from: Minor Miner on July 14, 2014, 08:37:23 PM

Quote from: allinvain on July 14, 2014, 07:43:48 PM

I just received in the mail a document which appears to be from the Chairman for the Official Committee of Unsecured Creditors. It proposes the hiring of a particular legal firm. I just wanted to check with you all to make sure this is legit. Also since I received this document can I assume that I am actually on the creditors list? (I will still check with PACER once my registration info arrives in the mail)

Can you post a scan of the document or PM it to me? The chairman of the committee did not mail anything suggesting any law firm and the committee voted a couple weeks ago appointing a lawyer to represent creditors so this does not make sense. You can see that a few pages ago in this thread. Perhaps you are misinterpreting it. Please post or PM me the letter and I will tell you what it means.

As pmorici says, the document is from Baker, so I don't think there is a need to scan it (there is a LOT of pages there).

Minor Miner

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Quote from: HashingHarry on July 14, 2014, 08:00:29 PM

So can you believe that Eduardo was bragging about buying back all of hf for a mere 5 million dollars through a Venuzuelan company/front, letting the creditors bicker and fight over it, while he got all the chips and is hashing. HA HA HA. He would have screwed his customers to the very end, raking in millions while they keep on exhausting themselves in endless legal battles... what a fucked up and sad episode for bitcoin... Shocked

More like a bunch of scammers are running very scared right now because they are starting to realize that lying under oath in a federal case gets prison 100% of the time. Even that 87 year old woman did time for lying to federal investigators (not even a court). Guess you are getting a little nervous huh? Thought this would just all go away? Too bad. The truth will come out and people who embezzled money will lose everything including their freedom.

Topic: HashFast announces specs for new ASIC: 400GH/s - page 81. (Read 880461 times)