so seriously? What about the small orders, please someone give me a small summary, i will apriciate that. thanks u guys
Yes, Please someone give a summary of where we are at..
seconds after I posted the above, I received this in an email:
HashFast creditors, customers, partners and suppliers,
As you may have seen in the press, on May 9 2014, HashFast had a petition filed against us to move the organization into an involuntary bankruptcy. We have been hard at work in developing a plan to see how to best serve our customers, supply vendors, and other creditors.
As a result of these actions, we filed a request to move to a reorganization under Chapter 11 bankruptcy on June 5, 2014 and the courts granted that request on June 7, 2014. We are in the process of finalizing our plans to best serve our creditors.
Our focus is to reorganize the company in a way that provides added value to our creditors, versus a liquidation scenario that would be of less value. As a part of that reorganization, Eduardo DeCastro has resigned as CEO, and we have reduced the operating team to the core functions necessary to continue operations and to effect our plan. In the interim Simon Barber is President and CTO, and Monica Hushen, who recently joined as CFO is handling business operations and bankruptcy matters.
HashFast has retained Katten Muchin Rosenman LLP as its bankruptcy counsel, and we will be working together to generate a reorganization plan that will allow us to emerge from bankruptcy as quickly as possible.
We will be sharing more specific information regarding our reorganization efforts over the coming days.
- The HashFast Team
http://www.kattenlaw.com/36677Katten Muchin Rosenman LLP serves as counsel to the Winklevoss Bitcoin Trust.
There is little precedent for the classification of bitcoins as a currency, commodity, commodity money or security. For ease of reference, however, this advisory uses the term “digital asset” to encompass Bitcoin and other digital assets (whether centralized or decentralized), known as “alt-coins.”
http://www.sec.gov/Archives/edgar/data/1579346/000119312513286191/d565656dfwp.htmPosted on Law360 at www.law360.com July 02, 2013
July 02, 2013, 7:39 PM ET
Winklevoss Twins Tap Katten Team For Bitcoin ETF
By Liz Hoffman You were fucked when you ordered.
You were fucked when HashFast didn't deliver.
At least now you're getting the reach-around before getting fucked again.