Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 17. (Read 452170 times)

I am paying out distributions shortly, just had a lot going on and been working on the known issues.

Its not normal in an anormal proyect like this, if a company seeking investors offers to pay dividends each saturday, it should pay on saturday and if commitments show up, it shouldnt be taken on times that should be allocated to the company to pay to those who allowed the company to exist.

In all this anormality, from the forms and etiquette, information sharing, arbitrary change of terms, arbitrary dividends, unexplained expenses, among lots of others issues that this proyect its plagued with make the "no dividends on saturday" normal when it shouldnt be.

troll somewhere else...in the past it was not unusal to get it a day later

so no more payouts ?? todays are missing already...

Going against my investment means that i have some kind of hope about it, and i really dont, i paid an expensive ticket now im just riding the horse til it dies.

When i decided to look at BTC/LTC, i wanted diversify my investment and consider many options, LRM was by far my worst pick, started serious, with flow charts and proyections, fluid and constant comunication, clear idea, now... all that is dead and buried, and if you add a drastic and unilateral destruction of the original agreement, miserable payouts, no future plans (at least none shared).

Final result : Loss of the 65%? of the investment.

Might be a good choice to return the BFL refund to us all directly for at least a decent week payout without taking anything out of it.

As far as the link goes, im done loosing money =)

I know and you are spot on. But voting against your own investment dude!

Guess I am way deeper in this shit than you.

ps. Try my link, pbmining is good. But so is spiting the risk. I learned that the hard way! Guess the only way I learn

Ohh ok...Brandon is Bargraphics...

Well...That suck...but i can understand.
I put 24 BTC in LabRatMining...because i trusted LabRat    every week i see my Div melt like snow in the sun and no clear vision for re-investment from LabRat.

And, yes...no exchange or "real" place (not forum page) to trade the bonds is a pain and maybe not so fair.

I hope they can find an arrangement

I don't blame you guys for filing at all - if Zach didn't uphold his side of the agreement in your eyes you have every right. Of course it sucks because Brandon (Bargraphics) is not suing for the money (although the rest of you might be) he is suing because he wants Zach to pay a huge price for deceiving/messing him around.

FWIW I assume this reaches settlement before it goes to a trial date, I can't imagine Zach wants his bonds/contracts whatever dragged through the court system if he can avoid it.

I'm part of the "Us", i just dont have any hope in this proyect anymore, i already lost 75% of my investment.. but hey!.. great news! invest a little more!

What are you afraid of? Losing?.. you already lost right now, does any people expect ROI? in what? 25 million years?

I got a better return in pbmining than this in half the time and i get 8 times a week what i get on this for the same investment today.

That works so well for the rest of us...

Fair words Endlessa, its all about arbitrary forcing us to accept a concept chnage along with a huge change in the terms of contract in several aspects, and the lack of information about it.

I hope it goes very well for the plaintiffs, whatever comes for Zach, he created it.

This began precisely when the bonds changed to contracts.  I'm not involved in it.  I can say it is the result of the the absolutism and lack of any amicable exit option.  Fortunately, I didn't drop enough dime (due to my own concerns) on this for it to be a worthwhile for me to spend anytime what-so-ever pursuing any options to making our original agreement whole.  When two parties can't agree on settlement, or one of them stops working on an agreeable solution, unfortunately the final recourse is the court system.  Some of these people lost significantly and by all right can/should pursue a settlement the only way they have left, in the courts.  There was very little option left once the door to the communication lines and willingness to offer palatable options/work with people on a fair agreement was closed.  I find none of this a surprise, but want to correct a misrepresentation of the past.  It was the bonds to contracts change.  I shall sulk back into my silent world, with only my occasional viewing of this thread (in hopes of one day feeling closure).  I would only suggest not bashing these people for trying to get a fair reconciliation for what was, in their minds and many others, unfair massive losses.


Edit: I wouldn't take any of this to be personal against investors (after all they are investors too), but it is problem resolution between them and LRM and they only had one recourse left

Been following LRM from the beginning. Sorry but Brandon doesn't ring a bell. Who is he? Did he go by a different user name?

Brandon's intention is almost certainly to burn the company to the ground and then go after Zach's personal assets - he isn't playing games. Something went sour, this suit is the result.

I poked him for a comment.  I wouldn't expect him to do much more than acknowledge the fact that the suit exists, though.  Even amateur internet lawyers know that if you are the focus of a lawsuit, you STFU and don't say anything about it.

It sucks, no way around it.  Hopefully it's over soon, with as little cost as possible.


grnbrg.

That can take a while! Of course he has known about this for weeks, like everything else. Except BFL where he has been clueless since day 1

There won't be any details about this except what is made public via court documents posted online everyone is under NDA.

Humm....Merlin to...

Wait for a word from LabRat.

I am fucking far from fine with this! The amount of btc i put in this...

That is perfectly fine for me, after all i invested on LRM, im geting 0.01-0.02 BTC a week, ill light up the torchs if needed.