Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 2.

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Quote from: karusloom on June 09, 2015, 09:33:25 AM

Oh well, tnx for the ride anyway. What about the assets? Sell the hardware and distribut between contractholders?

The asset liquidation and distribution are out of my hands.

Yah it was just under 2 years, with plenty of ups and downs, wish it could've been longer.

karusloom

newbie

Activity: 27

Merit: 0

Oh well, tnx for the ride anyway. What about the assets? Sell the hardware and distribut between contractholders?

Lab_Rat

hero member

Activity: 599

Merit: 502

Token/ICO management

Hey all,

Due to many circumstances that have occurred since Aug-Sept of last year, LRM is no longer able to operate. Many factors contributed to this unfortunate event including lawsuit expenses, declining BTC price, and inability to host the hardware profitably anymore. Mining has ceased and the company has had to declare bankruptcy as of this time. This should not have been a total shock as almost all other mining contract based operations throughout the market have also ceased by this point, nevertheless it is highly unfortunate to have to bring this news.

Best of luck to all the bitcoiners out there,
Lab_Rat

btcrealm

jr. member

Activity: 62

Merit: 1

Quote from: tabbek on June 08, 2015, 12:48:33 PM

Quote from: grnbrg on June 08, 2015, 12:19:38 PM

Quote from: pixl8tr on June 08, 2015, 11:58:20 AM

Quote from: grnbrg on June 05, 2015, 11:17:07 PM

Zach says he'll have something to post this weekend.

grnbrg.

Last night he said he's not purposefully delaying, and will have something to say shortly.

grnbrg.

Sorry... just had BFL flashbacks again...

In a sad but funny and true way...

Fixed: "Sorry... just had BFL_Josh flashbacks again..."

tabbek

member

Activity: 116

Merit: 10

Quote from: grnbrg on June 08, 2015, 12:19:38 PM

Quote from: pixl8tr on June 08, 2015, 11:58:20 AM

Quote from: grnbrg on June 05, 2015, 11:17:07 PM

Zach says he'll have something to post this weekend.

grnbrg.

Last night he said he's not purposefully delaying, and will have something to say shortly.

grnbrg.

Sorry... just had BFL flashbacks again...

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Quote from: pixl8tr on June 08, 2015, 11:58:20 AM

Quote from: grnbrg on June 05, 2015, 11:17:07 PM

Zach says he'll have something to post this weekend.

grnbrg.

Last night he said he's not purposefully delaying, and will have something to say shortly.

grnbrg.

pixl8tr

sr. member

Activity: 336

Merit: 250

Quote from: grnbrg on June 05, 2015, 11:17:07 PM

Zach says he'll have something to post this weekend.

grnbrg.

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Zach says he'll have something to post this weekend.

grnbrg.

btcrealm

jr. member

Activity: 62

Merit: 1

Steph999999 just ignore them. grnbrg has been on here plenty trying to be helpful and keep things open with zach.
Honestly for someone having a "RENT THIS SPACE. pm for info." sig calling someone with a "Official LRM shill" sig a scammer doesn't give much credibility in my mind, lol.

Steph999999

newbie

Activity: 4

Merit: 0

You Troll!

grnbrg is our only means of communication at the moment with Labrat, which, if I was him after your post, I wouldn't do anymore.
Just because the guy is an investor that has contact with Labrat, doesn't mean he is in on a "potential" scam. He is trying to keep the communication open by helping us! Angry

Has mentioned before, don't invest any money, in an highly volatile market, that you're not happy to lose.

I'm sure that, for saying the above, I'm in on the scam too!

Stephane

lindeanin

full member

Activity: 161

Merit: 100

Quote from: grnbrg on June 04, 2015, 10:23:29 PM

Quote from: btcrealm on June 04, 2015, 10:18:49 PM

grnbrg, you are the only one that has had any contact with him lately. You should recommend this as well. Thank you

I asked him what's up on Monday. And yesterday. He said he'd post something this week.

Sorry, but I don't have anything else to pass on. Sad

grnbrg.

So we are getting scammed are we not?
Sure looks like it to me and looks like you may be in on it too.

btcrealm

jr. member

Activity: 62

Merit: 1

Quote from: grnbrg on June 04, 2015, 10:23:29 PM

Quote from: btcrealm on June 04, 2015, 10:18:49 PM

grnbrg, you are the only one that has had any contact with him lately. You should recommend this as well. Thank you

I asked him what's up on Monday. And yesterday. He said he'd post something this week.

Sorry, but I don't have anything else to pass on. Sad

grnbrg.

Thanks, I'm not asking you to speak for him. Just let him know it is in his best interest.

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Quote from: btcrealm on June 04, 2015, 10:18:49 PM

grnbrg, you are the only one that has had any contact with him lately. You should recommend this as well. Thank you

I asked him what's up on Monday. And yesterday. He said he'd post something this week.

Sorry, but I don't have anything else to pass on. Sad

grnbrg.

btcrealm

jr. member

Activity: 62

Merit: 1

Well other than the suspension of contract purchases nothing on the site has changed in a long time (and I'm not quite sure when that change happened).
Zach it would be a good time to say something about why payments aren't happening anymore. As up till now you've had the "contract terms" that have supposedly been met. Nothing about being quiet about that will help your case. Regardless of lawsuit silence not paying your share/contract holders requires communication.

grnbrg, you are the only one that has had any contact with him lately. You should recommend this as well. Thank you

lindeanin

full member

Activity: 161

Merit: 100

Quote from: karusloom on June 02, 2015, 11:29:22 PM

according to blockchain LRM is still receiving payments from MegaBigPower so he has em coins

Interesting. So what's the next step? Huh

karusloom

newbie

Activity: 27

Merit: 0

according to blockchain LRM is still receiving payments from MegaBigPower so he has em coins

ICantThinkOfaName

full member

Activity: 146

Merit: 100

Quote from: NeoEvaX on June 02, 2015, 10:48:56 AM

Was wondering the same thing. I don't get a big payout every week, but I always check Saturday.

I waited a few days before bringing it up. Any chance we are getting a payout this week? Or has this whole thing falling apart already?

It's not looking good...

NeoEvaX

newbie

Activity: 17

Merit: 0

Was wondering the same thing. I don't get a big payout every week, but I always check Saturday.

I waited a few days before bringing it up. Any chance we are getting a payout this week? Or has this whole thing falling apart already?

tabbek

member

Activity: 116

Merit: 10

No payout this week?

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Just a reminder for those who don't check in often...

BitcoinTalk was compromised a few days ago. Time to change your password.

grnbrg.

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 2. (Read 452224 times)