I have been asked to take it easy and not be so mean by some friends of mine here on the forum. Apparently someone from their team is making threats against the other guys.
Out of respect for my friends I will tone it down a bit
Topic: iBelink DM11G - 10800mhs - $6750 - UNMODERATED - LEGAL NEWS - page 2. (Read 4050 times)
Not sure why this is important (yet 
), but it was deleted for some reason.
), but it was deleted for some reason. No one is buying from a business in the US the only person organizing this group buy is not located in the US
REALLY?
As well as having legal counsel review the contract and provide our own sale contract to our buyers
That is an interesting idea.
Yes we are looking to make a profit on this deal that is not a lie, we have worked very hard in the last few weeks to take every precaution and research to do so, including flying to China to meet the manufacturer in person.
Sorry I need to double post here and the main thread but they keep deleting my comments over there.
So basically you went to an office to see the exact same thing that is posted on YouTube? No manufacturing plant for the actual miners was visited.
SOUNDS LEGIT
No this was at there office not at the manufacturing plant that is in another part of china. Also the chips as with most ASIC's are not made by them they are sent to a chip manufacturer with there spec and made there. The manufacturer then assembles them in there facility onto the PCB's and into the enclosure
So basically you went to an office to see the exact same thing that is posted on YouTube? No manufacturing plant for the actual miners was visited.
SOUNDS LEGIT
Your obviously pretty dumb and should fire your lawyer friend because your information is not correct. If you want to make any assumptions about anything you should base your theories on FACTS not shit that you make up in your head.
Let me see MindFuck:
1. Fly to China on a Business Visa, I am sure.
2. Buy $500,000 worth of equipment that gets shipped to the USA.
3. Sells equipment purchased from said trip for a profit.
4. Thinks that he is somehow not doing business and is not responsible or maybe doesn't need to pay taxes.
5. "Yes your honor, I should not be the one paying those customers back. We did a Group Buy where I made a profit but it really doesn't classify as a business"
6. It is posted everywhere on this forum including you stating that you are making a profit.
I think you are the one that needs to find a new lawyer, I have no need for one.
I will be notifying the proper people in New York about the business venture of the parties involved tomorrow. I am sure they will love to TAX and keep an eye on those 2 guys this year.
PARTICULARLY IN NEW YORK
PARTICULARLY IN NEW YORK
What a good a American.
heh ..I'm sure they are legit with the tax guys..you'd be stupid not to be if you are that big into mining
well the group buy 1/2 of this bet is working it seems
the other 1/2 of the process...is will the units arrive on time...on spec...with no firmware issues etc etc etc and of course the timeline of 3 months is LONG
good luck..but you are only 1/2 way there assuming the group buy is operating correctly in all this
I will be notifying the proper people in New York about the business venture of the parties involved tomorrow. I am sure they will love to TAX and keep an eye on those 2 guys this year.
PARTICULARLY IN NEW YORK
PARTICULARLY IN NEW YORK
What a good a American.
what a troll right?
I will be notifying the proper people in New York about the business venture of the parties involved tomorrow. I am sure they will love to TAX and keep an eye on those 2 guys this year.
PARTICULARLY IN NEW YORK
PARTICULARLY IN NEW YORK
What a good a American.
some people are miner
some are businessman
some are trader.
they make profit by manufacturing miner.
some are businessman
some are trader.
they make profit by manufacturing miner.
can anyone confirm that this miner is indeed real? i see many proof but somehow they seems fake or photoshopped or whatever, there is no real proof that the miner is ming at that speed and it's not something else? because i find it strange that they woudl sell such profitable miner, i would keep it for me
@bittawm Just curious, how come your group buy don't accept bank wire transfer but Kilo's group buy was willing to accept bank wire transfer? I don't hold enough funds in crypto, but can bank wire easily.
xfer to an exchange then send to me.
we would just have to convert to crypto anyway
Just landed in Beijing. I'd like to thank blazed and miner Jones for validating our funds. I'll be posting videos and pictures during my meeting at the factory tomorrow.
i'm still raising fund to buy this miner.any update about DM11G manufacturer?
pics or videos?
rgds,
Yes plenty see the real thread located here
https://bitcointalk.org/index.php?topic=1898909.40
Your obviously pretty dumb and should fire your lawyer friend because your information is not correct. If you want to make any assumptions about anything you should base your theories on FACTS not shit that you make up in your head.
If I buy something from a business in the USA and that business has it on order from the manufacturer and they cannot ship me the product. It is that businesses responsibility to refund me my full amount. Is that not true?
No one is buying from a business in the US the only person organizing this group buy is not located in the US
Just landed in Beijing. I'd like to thank blazed and miner Jones for validating our funds. I'll be posting videos and pictures during my meeting at the factory tomorrow.
i'm still raising fund to buy this miner.any update about DM11G manufacturer?
pics or videos?
rgds,
@bittawm Just curious, how come your group buy don't accept bank wire transfer but Kilo's group buy was willing to accept bank wire transfer? I don't hold enough funds in crypto, but can bank wire easily.
Your obviously pretty dumb and should fire your lawyer friend because your information is not correct. If you want to make any assumptions about anything you should base your theories on FACTS not shit that you make up in your head.
If I buy something from a business in the USA and that business has it on order from the manufacturer and they cannot ship me the product. It is that businesses responsibility to refund me my full amount. Is that not true?
Your obviously pretty dumb and should fire your lawyer friend because your information is not correct. If you want to make any assumptions about anything you should base your theories on FACTS not shit that you make up in your head.
I will be notifying the proper people in New York about the business venture of the parties involved tomorrow. I am sure they will love to TAX and keep an eye on those 2 guys this year.
PARTICULARLY IN NEW YORK
PARTICULARLY IN NEW YORK
you butthurt losers, goodluck ever doing business on these forums
Good News Guys.
I spoke with my attorney friend today. Here is the scoop.
Since Mindtrip and Buckrogers are RESELLING these units, anyone residing in the USA can seek to get FULL refunds for purchases if the manufacturer does not come through.
I also asked about the "Group Buy" scenario. He stated that if they are in the USA and people are purchasing from that group then they can seek legal action against Buck and Mindtrip if they are not delivered. Even though they are not a business entity they are acting as one and therefore fall under the same rules. Similar to someone that is self employed. Battawn is irrelevant since it is MindTrip and Buck that are signing the contract with iBelink.
He states that once they collect money at a profit then they are responsible for the taxes as well and for the shipment of the miners to the customers.
Essentially, Buckrogers and MindTrip are responsible and not iBeLink for any failure to deliver hardware. If they cannot refund the money then their personal assets are at risk because they are not incorporated PRIOR to signing the contract with iBelink
That is awesome news since it removes the problem with having to deal with foreign governments and legal systems for anyone in the USA.
Buy up Boys
On the flip side - it could present other problems if iBelink doesn't deliver because the "buyers" contract is with Buck and MindTrip and could only seek damages from them and not iBelink.
I spoke with my attorney friend today. Here is the scoop.
Since Mindtrip and Buckrogers are RESELLING these units, anyone residing in the USA can seek to get FULL refunds for purchases if the manufacturer does not come through.
I also asked about the "Group Buy" scenario. He stated that if they are in the USA and people are purchasing from that group then they can seek legal action against Buck and Mindtrip if they are not delivered. Even though they are not a business entity they are acting as one and therefore fall under the same rules. Similar to someone that is self employed. Battawn is irrelevant since it is MindTrip and Buck that are signing the contract with iBelink.
He states that once they collect money at a profit then they are responsible for the taxes as well and for the shipment of the miners to the customers.
Essentially, Buckrogers and MindTrip are responsible and not iBeLink for any failure to deliver hardware. If they cannot refund the money then their personal assets are at risk because they are not incorporated PRIOR to signing the contract with iBelink
That is awesome news since it removes the problem with having to deal with foreign governments and legal systems for anyone in the USA.
Buy up Boys
On the flip side - it could present other problems if iBelink doesn't deliver because the "buyers" contract is with Buck and MindTrip and could only seek damages from them and not iBelink.
You are the crypto Robinhood... lol. I can't buy any because they don't accept bank wire transfer and only BTC/DASH, i'm guessing for tax evasion purposes. lol
I will be notifying the proper people in New York about the business venture of the parties involved tomorrow. I am sure they will love to TAX and keep an eye on those 2 guys this year.
PARTICULARLY IN NEW YORK
PARTICULARLY IN NEW YORK
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