Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 75. (Read 452170 times)

LabRat : "Hmm Mr Le Lawyer, Have you made any progress?"

Le lawyer :

Shareholders are already having discussions but as you can imagine trying to get a dozen people together at the same time from many timezones slows down the process. Nobody wants to sue LabRat but it seems like this is our only way of getting full disclosure at the moment.

So let's set a date before we appoint some shareholders to take actions. 11th April? This endless waiting is worthless, things may get worse as we have no info.

@lab_rat can you at least tell us if new hardware has been delivered/is hashing etc even if you can't tell us what will happen with regards to the dividends from said hash power? As one of your quasi-recent posts suggested your relationship with coinseed had ended, what does that mean with regards to ongoing orders of cheap hardware and low electricity costs?

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.

This is getting ridiculous...almost a month and still no solution from LabRat; not even a clear communication.
I will contact the SEC end of next week, if there is still no meaningful reply from LabRat.
Lets see what they say...

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...

Hell, I am not even sure what the "issue" is... (other than no HW additions and LR's "change" to the original, agreed upon terms)

and... please don't say the issue is a "legal problem"... nothing specific, means nothing at all... 

So how long do we plan on waiting before taking action...?

Indefinitely?

LR, where are you........? *crickets*

Could be what LR is waiting on? Just pure speculation...

Googled "Lawyer Throwdown".  Was not disappointed.

What is anyone actually waiting for exactly?  Seems like we should have had both the info from the lawyer by now, and LRM should have the hardware by now.  So what is to wait for?  Seems like if you're going to do the lawyer throw-down, now is the time.

Looks like LabRat tries to sit this mess out...

Umm Dave shouldn't tell anyone the details of a sale with another individual/company even if you're a backer, the sale is not with you at all. Also not an american and issue is with LR not passing on the information people want relating to LRM which is who you have a 'contract with' not LR.

New contract is not my business. I have different contract i have agreed with, the old one.

Dave can tell us about hardware because its have been paid by our money? Are you such a pussy?
You have invested money for hardware. LR is a idiot. He has some "problem" for 4 months that his "lawyer", that seem also be idiot because nothing happening. LR gives no transparency.
Why we cant contact Dave and ask him? As you all says, we have CONTRACT. We have sent money, LRM dont do own part of contract, so we can ask for return of contract price. If LR have delivered hardware that he uses to make money to own pocket, then its STEALING and FRAUD and in this case if we go to court, responsibility is on LR, not LRM LLC. Also dont think that Dave want to be connected to this FRAUD charges and will give needed information out.

We have no transparency. We doesnt know what is mystic problem. We doesnt know about HW. And everything you say is:
Ok. Well. Lets sit on our asses and watch how difficulty rises, return drops(maybe we will get 20% of original investment? Wow!!!),
LRM is telling bullshit about non exist problems (until he says what is problem, its non exist), bullshit about his lawyer that is sick, flu, down syndrom, bicycle accident, broke a nail.

If my English would be better enought, i would already posted and called every place, but now i must use translators. All you that live in USA, you know laws, you know language and everything you do is.... nothing.
Such a pussy. Just because of that this kind of stealing is possible.

Agreed!

grnbrg was shamelessy used by BFL through no fault of his own.

grnbrg supported Lab_Rat as did I in the beginning.

Leave grnbrg alone please.

By the way, is this the "Dave" we're talking about?:

http://davetheknife.com/

My $.02.

Oh and leave Grnbrg alone guys its disgusting how he is being vilified on this forum.

What does it matter if it has been delivered?

We have no claim over the new hardware as per the new contract details.

As I said before we will never get any more info or new contract.

Lab Rat just needs to wind this charade down and pocket the profit.

Yeah I sure as crap wouldn't give out details on a customers order to a random caller.