Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 74. (Read 452170 times)

Thanks for this weekly friday info that you know nothing...

Hello everyone.  I understand your frustration as I'm almost completely fed up with the speed at which my lawyer is getting this done.  I have called and emailed him every day trying to rush the situation.  He's in court today with another client so I can't expect much today, but I am hoping for a date of completion from him today.

To the comment that BarGraphics made, I have known him for quite some time and had many meetings with him in person.  He has witnessed that I'm trying to get everything done ASAP.  He has witnessed my hard work for this company.  He has even met my lawyer.....

To those of you planning legal action, please just reconsider until all information has been produced.  Legal action will help no one and get us nowhere.

YOU DON'T answer any question posted here in a serious manner aside of your "change of terms".

YOU DON'T disclose what are you trying to work out that will let things come togheter and thats why we're concerned.

YOU DON'T answer how much hardware is running now, if you received any new piece, if its running, and what are you doing with the proceeds of them.

YOU DON'T answer or post even the most minimal information about dividends, not even a small and brief status every day you pay.

WE DON'T know what you have in your possession, what is coming, and where was bought, what are you doing or trying to do, what was requested to you by IRS, FinCen or whatever asked you to comply old or new rules.

If you feel like a punching bag its because you sat there and let all this small details pass you by for WEEKS and turned you into that bag, keep people informed, KEEP PEOPLE INFORMED in a timely manner, all we get its vague and really not positive things from YOU.

grnbrg its just caught between our questions/requests and your incompetence managing information details about your proyect wich WE funded, start being vocal, share information and all this punching bag feeling will fade away, how?

Sit every other day? every week with dividends information? and write some minimal update, even when you need to repeat the information:

Hashrate running: X
Received Hashrate: Y  Pending Instalation: D

Mining on "pool 1" : F
Mining on "Pool 2" : G

Dividends details

Lawyer talks and replies

Problems solved, unsolved, potential.

Inform people, INFORMATION.

Children Children,

These things take months not days to sort out. Keep hold of your panties before they fly away.

Children Children,

These things take months not days to sort out. Keep hold of your panties before they fly away.

I know, but the SEC is the cheapest solution and as long no one is willing to engage a lawyer or LabRat finally overs a answer, the SEC is the only solution.

A better course of action would be to consult a lawyer to discuss your (our) options.  I suspect the first step will be a threatening letter.  LR isn't going anywhere, so no need to involve the SEC just yet -- doing so would almost certainly shut down the operation with little or no chance of recovery.

Re consulting a lawyer, I suggest at least two people based in the US work together to take the lead on this.  There's little doubt you will get the full support of the other shareholders.

Lab Rat -- it has been an awfully long time since you promised a proposal from you and your lawyer.  You need to provide the proposal or at least update us on timing (setting a firm deadline -- lawyers deal with deadlines all the time, yours should too).  Right now we all think you are hashing with new hardware and not sharing proceeds.

I suspect you will hear something soon

Jody from BFL said in her blog that BFL Monarch's should be shipping very soon.

What would better?  LR hashing with those Monarch's or selling them upon receipt and splitting the proceeds among the bondholders?

How many Monarchs do you have on order LR or did you get a refund?  Did you upgrade and get free 600Gh Monarchs?

Where is the BitFury gear?  Why has Dave had > 1 PH for 2 months now and LRM has no new hardware?  

What other hardware did you pre-order?

These should be easy questions to answer.  

I suspect you will hear something soon

Yah, I could take 10 BTC for an in hand cointerra, then stall on shipping it due to a "legal problem" ... which could be that the license on my 2nd car is expired ... or I'm ratarsed 24/7 and over the limit... or that the post office is next door to a school and I'm a registered sex offender... or that I was arrested in Florida 3 1/2 years ago and still on a curfew...