[HAVELOCK]CBCM SHA-256 Mine IPO (cancelled) - page 5.

RiverBoatBTC

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Quote from: RiverBoatBTC on June 11, 2014, 12:15:27 PM

Quote from: Guy Corem on June 11, 2014, 12:10:56 PM

Quote from: RiverBoatBTC on June 11, 2014, 12:02:35 PM

I know who cowboy is now ...
Those miners are hosted in Texas, the OP is in 1000's of miles away.

Man, you're way, way off. You'll never guess.

Or are you being played?
http://letstalkbitcoin.com/sovereignbtc-13-all-about-mining/
https://www.facebook.com/steven.wilkinson.9465

No answer? I seen someone said they are in Thailand, hope this is not where you think he is.

Guy Corem

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Activity: 1414

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Spondoolies, Beam & DAGlabs

Quote from: NotLambchop on June 11, 2014, 12:20:03 PM

Quote from: Guy Corem on June 11, 2014, 12:13:25 PM

Quote from: NotLambchop on June 11, 2014, 12:01:54 PM

Please answer my questions as they are spelled out:

1. If I ordered 35 miners from you, paid for them in bitcoin, would you run a background check on me (due diligence) and require me to provide collateral in excess of $100k? If not, why?
2. What is the collateral you are holding? Is it Bitcoin, Euro, Dollars, or? The "over 9000" is not an answer.

1. No. Because you don't involve my name in an IPO
2. $

Thanks. Just two more questions:

1. Since you are holding this in dollars, what is the actual sum you are holding, and how long will you be holding it after the miners are delivered?

2. If the value of 35 miners is higher than $100k, what is the point of this collateral? Sort of like taking $10 collateral on a thousand dollar loan Undecided

I'm getting tired, so this will be the last answer.
The collateral is against faithful execution of the IPO promises to the prospect investors. It has nothing to do with the 35 miners I'm selling.
Since three entities are involved (four with Havelock), we had to make sure it will be executed cleanly. It will.
I'm repeating my statement that we don't endorse the IPO. If it will succeed, it will be executed - this is our promise backed up by the collateral.

NotLambchop

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Activity: 378

Merit: 254

Quote from: Guy Corem on June 11, 2014, 12:13:25 PM

Quote from: NotLambchop on June 11, 2014, 12:01:54 PM

Please answer my questions as they are spelled out:

1. If I ordered 35 miners from you, paid for them in bitcoin, would you run a background check on me (due diligence) and require me to provide collateral in excess of $100k? If not, why?
2. What is the collateral you are holding? Is it Bitcoin, Euro, Dollars, or? The "over 9000" is not an answer.

1. No. Because you don't involve my name in an IPO
2. $

Thanks. Just two more questions:

1. Since you are holding this in dollars, what is the actual sum you are holding, and how long will you be holding it after the miners are delivered?

2. If the value of 35 miners is higher than $100k, what is the point of this collateral? Sort of like taking $10 collateral on a $1,000 loan Undecided

*Extra credit question:

3. How much thought have you given this?

RiverBoatBTC

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Activity: 224

Merit: 100

Quote from: Guy Corem on June 11, 2014, 12:10:56 PM

Quote from: RiverBoatBTC on June 11, 2014, 12:02:35 PM

I know who cowboy is now ...
Those miners are hosted in Texas, the OP is in 1000's of miles away.

Man, you're way, way off. You'll never guess.

Or are you being played?
http://letstalkbitcoin.com/sovereignbtc-13-all-about-mining/
https://www.facebook.com/steven.wilkinson.9465

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: NotLambchop on June 11, 2014, 12:01:54 PM

Please answer my questions as they are spelled out:

1. If I ordered 35 miners from you, paid for them in bitcoin, would you run a background check on me (due diligence) and require me to provide collateral in excess of $100k? If not, why?
2. What is the collateral you are holding? Is it Bitcoin, Euro, Dollars, or? The "over 9000" is not an answer.

1. No. Because you don't involve my name in an IPO
2. $

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: RiverBoatBTC on June 11, 2014, 12:02:35 PM

I know who cowboy is now ...
Those miners are hosted in Texas, the OP is in 1000's of miles away.

Man, you're way, way off. You'll never guess.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: cbcm.co on June 11, 2014, 12:07:52 PM

Quote from: raskul on June 11, 2014, 11:57:57 AM

Quote from: cbcm.co on June 11, 2014, 11:21:28 AM

Quote from: Korbman on June 11, 2014, 10:50:35 AM

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

It is not about my background, it is about things everybody can calculate (sorry if I offended anyone)

According to our planned adding of hashpower per unit, if you invest 0.042 during IPO you can earn around 50% by Christmas (thats include dividends + shares estimated fair value price)

So, acoording to mentioned above, if you invest now 1BTC - you can get 1.5 BTC in half a year.

Am I convincing?

Follow our IPO,
Taras

thanks for the pictures,
how many MW capacity is the d/c, please?

Currently our hoster's DC has 100MW power cap and working on adding some additional clear solar panels (30-40 MW)

OK, and what is the limit the d/c is giving to you? how much of that 100MW are you being entitled to? the whole d/c?

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: raskul on June 11, 2014, 11:57:57 AM

Quote from: cbcm.co on June 11, 2014, 11:21:28 AM

Quote from: Korbman on June 11, 2014, 10:50:35 AM

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

It is not about my background, it is about things everybody can calculate (sorry if I offended anyone)

According to our planned adding of hashpower per unit, if you invest 0.042 during IPO you can earn around 50% by Christmas (thats include dividends + shares estimated fair value price)

So, acoording to mentioned above, if you invest now 1BTC - you can get 1.5 BTC in half a year.

Am I convincing?

Follow our IPO,
Taras

thanks for the pictures,
how many MW capacity is the d/c, please?

Currently our hoster's DC has 10MW power cap and working on adding some additional clear solar panels (3-4 MW)

Another User

member

Activity: 74

Merit: 10

Quote from: raskul on June 11, 2014, 12:05:30 PM

Quote from: RiverBoatBTC on June 11, 2014, 12:02:35 PM

raskul slow down buddy you do not have all the info chief.

i've invested a small amount to see where it goes, i've not ploughed my life savings - I know my limits, friend.
I would like to know full capacity of that d/c though...

I'm sure their pre-order customers would love to know as well...

raskul

sr. member

Activity: 434

Merit: 250

Quote from: RiverBoatBTC on June 11, 2014, 12:02:35 PM

raskul slow down buddy you do not have all the info chief.

i've invested a small amount to see where it goes, i've not ploughed my life savings - I know my limits, friend.
I would like to know full capacity of that d/c though...

RiverBoatBTC

full member

Activity: 224

Merit: 100

I know who cowboy is now, why are you hiding from public eye? raskul slow down buddy you do not have all the info chief.

Those miners are hosted in Texas, the OP is in 1000's of miles away.

They said they are going to buy those miners after round 2, the do not own them or anything of that nature.
I am going to contact the real cowboy miner I have his contact info and speak to him on a 1v1 basis he is a very well know bitcoiner and I am not sure why he is hiding from the public on this one.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Guy Corem on June 11, 2014, 11:55:47 AM

Quote from: NotLambchop on June 11, 2014, 11:53:32 AM

Quote from: Guy Corem on June 11, 2014, 11:48:15 AM

Quote from: NotLambchop on June 11, 2014, 11:40:45 AM

Quote from: Guy Corem on June 11, 2014, 11:30:07 AM

...
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
...
Do you need more clarifications ?

Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?

Quote from: Guy Corem on June 11, 2014, 08:38:28 AM

...
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
...

Since our name is involved, we wanted to make sure both CBCM and cowboyminer will respect their obligations. They will.
Even without the collateral, their handling and conduct was professional.

You are effectively selling 10 miners. If I ordered ten miners from you and paid for them in bitcoin, would you also request "hefty collateral" from me on top of that?

For the third time, what is this "hefty collateral"?

For now, we're selling 35 miners, but the company name was involved. We might sell more in the future.
Above $100K

Please answer my questions as they are spelled out:

1. If I ordered 35 miners from you, paid for them in bitcoin, would you run a background check on me (due diligence) and require me to provide collateral in excess of $100k? If not, why?
2. What is the collateral you are holding? Is it Bitcoin, Euro, Dollars, or? The "over 9000" is not an answer.

cbcm.co

newbie

Activity: 44

Merit: 0

Quote from: RiverBoatBTC on June 11, 2014, 11:52:30 AM

Dude, really 2 rounds from now is not going to happen. Give up this pipe dream and come back with a real plan and answers.

Pirate40 handling was professional as well I could list about 50 people who were professional and scamed people that don't mean squat.

Why are you speaking for them Spondoolies no offense but let the OP answer the questions.

"CBCM certainly does a lot of work" Clarify it.

To ensure the success of every IPO, you need to make sure big players will participate.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: cbcm.co on June 11, 2014, 11:21:28 AM

Quote from: Korbman on June 11, 2014, 10:50:35 AM

@ Taras -- Given your background (supposed or otherwise), I would have thought dealing with these sorts of questions and comments would have been second nature at this point. Cheesy

Since you have a background in finance, let's change up my question a bit. What's the financial incentive for me to invest in your organization, as opposed to any number of other listings / mines?

It is not about my background, it is about things everybody can calculate (sorry if I offended anyone)

According to our planned adding of hashpower per unit, if you invest 0.042 during IPO you can earn around 50% by Christmas (thats include dividends + shares estimated fair value price)

So, acoording to mentioned above, if you invest now 1BTC - you can get 1.5 BTC in half a year.

Am I convincing?

Follow our IPO,
Taras

thanks for the pictures,
how many MW capacity is the d/c, please?

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: NotLambchop on June 11, 2014, 11:53:32 AM

Quote from: Guy Corem on June 11, 2014, 11:48:15 AM

Quote from: NotLambchop on June 11, 2014, 11:40:45 AM

Quote from: Guy Corem on June 11, 2014, 11:30:07 AM

...
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
...
Do you need more clarifications ?

Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?

Quote from: Guy Corem on June 11, 2014, 08:38:28 AM

...
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
...

Since our name is involved, we wanted to make sure both CBCM and cowboyminer will respect their obligations. They will.
Even without the collateral, their handling and conduct was professional.

You are effectively selling 10 miners. If I ordered ten miners from you and paid for them in bitcoin, would you also request "hefty collateral" from me on top of that?

For the third time, what is this "hefty collateral"?

For now, we're selling 35 miners, but the company name was involved. We might sell more in the future.
Above $100K

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Guy Corem on June 11, 2014, 11:50:44 AM

...
Buy anyway, you're welcome to buy miners from us and do your own IPO.

Isn't that basically what's happening here? Only the order is reversed: First IPO, and with the money made--buy your miners. PROFIT!

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Guy Corem on June 11, 2014, 11:48:15 AM

Quote from: NotLambchop on June 11, 2014, 11:40:45 AM

Quote from: Guy Corem on June 11, 2014, 11:30:07 AM

...
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
...
Do you need more clarifications ?

Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?

Quote from: Guy Corem on June 11, 2014, 08:38:28 AM

...
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
...

Since our name is involved, we wanted to make sure both CBCM and cowboyminer will respect their obligations. They will.
Even without the collateral, their handling and conduct was professional.

You are effectively selling 10 miners. If I ordered ten miners from you and paid for them in bitcoin, would you also request "hefty collateral" from me on top of that?

For the third time, what is this "hefty collateral"?

RiverBoatBTC

full member

Activity: 224

Merit: 100

Dude, really 2 rounds from now is not going to happen. Give up this pipe dream and come back with a real plan and answers.

Pirate40 handling was professional as well I could list about 50 people who were professional and scamed people that don't mean squat.

Why are you speaking for them Spondoolies no offense but let the OP answer the questions.

"CBCM certainly does a lot of work" Clarify it.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: RiverBoatBTC on June 11, 2014, 11:38:55 AM

Nope, but the fact we are having to get this information from you, the mining supplier does not sit well.
How hard would it have been for the OP to do some of this shit himself instead of forcing people to dig.
While I do not think you have anything to do with CBCM, I still do feel something is a miss with them, and the whole operation.
Its hard to get no clouded side stepping answers from the OP which is a bad sign. He made it sound like you guys had some super great backdoor deal that would make this IPO better then the others.
Even if it turns out not to be a scam it is a ass backwards investment, why does anyone need CBCM to do this? Why not just buy the miners direct from you and have you host them?
The fact of the matter is he is getting paid for a group buy, for the future with out 0 investment of his own or continued effort.
Bitcoiners pay
Someone else hosts
CBCM does.. exactly what? But they are getting paid.

CBCM certainly does a lot of work. You're underestimating their role.
Buy anyway, you're welcome to buy miners from us and do your own IPO.

Guy Corem

donator

Activity: 1414

Merit: 1051

Spondoolies, Beam & DAGlabs

Quote from: NotLambchop on June 11, 2014, 11:40:45 AM

Quote from: Guy Corem on June 11, 2014, 11:30:07 AM

...
First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
...
Do you need more clarifications ?

Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?

Quote from: Guy Corem on June 11, 2014, 08:38:28 AM

...
We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
...

Since our name is involved, we wanted to make sure both CBCM and cowboyminer will respect their obligations. They will.
Even without the collateral, their handling and conduct was professional.

Topic: [HAVELOCK]CBCM SHA-256 Mine IPO (cancelled) - page 5. (Read 10183 times)