Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 85.

int03h

full member

Activity: 532

Merit: 104

Quote from: VinceSamios on March 15, 2014, 04:36:11 AM

Quote from: Endlessa on March 15, 2014, 12:11:29 AM

Vince has a strain of tomato plants that his girl friend is in psychic contact with. . . .they tell many things

People who aren't prats, make friends, and get info.

Endlessa is by no means a prat and one I would consider a true friend. You on the other hand Vince .. are both a prat and not a friend. So your point is neither valid nor appropriate.

elitenoob

hero member

Activity: 728

Merit: 500

Whatever labrat wants to call them, as long as the dividends fits with the purchased equipment of its investors it is fine for me

int03h

full member

Activity: 532

Merit: 104

Quote from: elitenoob on March 15, 2014, 06:47:26 PM

chill

lol he doesn't know me very well - or has forgotten.

I am like a pack of vultures flying over the carcass of this cluster fuck. The words "I TOLD YOU SO" are dripping off my blood stained beaks.

EDIT : Infact .. don't pick one. IF he called them bonds AND gave you dividends.. it means you are both bond holders and share holders by implication of the terms he has used and the money paid. ROFL .. omfg ..

elitenoob

hero member

Activity: 728

Merit: 500

Quote from: int03h on March 15, 2014, 06:38:23 PM

Let me see if I can help you guys figure a few things out :

A BOND is THIS : http://en.wikipedia.org/wiki/Bond_(finance)

A SHARE is THIS : http://en.wikipedia.org/wiki/Dividend

For those unable to follow links and in the simplest terms possible so that even the most retarded among you can follow along :

A bond is a loan which pull interest. It is a PROMISE to pay.
A share is a division of a company and pulls a share of the PROFITS usually called a DIVIDEND.

PICK one.

Quote from: grnbrg on March 15, 2014, 06:36:28 PM

I've poked Lab_Rat a bit, but he's sticking to his guns about not answering questions. I'm getting a good vibe from what little communication I've had from him, though.

I don't have any specifics to pass on, though.

grnbrg.

chill

int03h

full member

Activity: 532

Merit: 104

Let me see if I can help you guys figure a few things out :

A BOND is THIS : http://en.wikipedia.org/wiki/Bond_(finance)

A SHARE is THIS : http://en.wikipedia.org/wiki/Dividend

For those unable to follow links and in the simplest terms possible so that even the most retarded among you can follow along :

A bond is a loan which pulls interest. It is a PROMISE to pay.
A share is a division of a company and pulls a share of the PROFITS usually called a DIVIDEND.

PICK one.

grnbrg

hero member

Activity: 509

Merit: 500

Official LRM shill

Quote from: Lab_Rat on March 11, 2014, 01:24:15 AM

I am taking advice of many folks and stopping answering any questions. I'll poke my head in at least once a day or two to say "Still here" and that is all. The next time you receive anything of substance it will be a full report on the subject which will take time to produce.

Quote from: Lab_Rat on March 11, 2014, 05:32:23 PM

What he specified I can share is that there will be an announcement that will provide some clarification followed by a contract to be presented. More info will come when it is available and no sooner. It is the intention of LRM to provide further than 300MH/s per contract and is apparent that the way this will be done is legal.

I've poked Lab_Rat a bit, but he's sticking to his guns about not answering questions. I'm getting a good vibe from what little communication I've had from him, though.

I don't have any specifics to pass on, though.

grnbrg.

mufa23

legendary

Activity: 1022

Merit: 1001

I'd fight Gandhi.

Looks like BTC0.00028944 per old bond

||bit

hero member

Activity: 924

Merit: 506

Quote from: daemonfox on March 15, 2014, 03:42:44 PM

Would be nice to see the breakdown like we used to... don't see and legal reasons that stopped... we should get this EVERY payment.

Maybe LR/grnbrg should make a nice post to historically breakdown the payout history like LR used to for all the past weeks we do not have one from them directly.

I was thinking earlier today that there is probably a case to legally force disclosure of certain values. LR even claimed he wanted to be transparent before, but his fee's & purchases are still invisible. This is why it would be a good idea for him to eliminate his fee's from the 25% and instead create new bonds for himself so that he is bound to dividends as compensation along with the other investors. His lawyer, as he said, already made the point that he should not mix in his hardware with company hardware for reasons of conflict of interest. Seems to me that keeping his fee hidden (mixed in with hardware purchases & operational costs) would be in the same category as a conflict of interest.

If he isn't careful to do right to investors that funded the company, someone could use the legal system and turn it into a train wreck. LRM might then cease to exist and LR could end up broke. Hopefully, he does what's right. A good start would be to disclose receipt of new hardware. And to proportionately multiply bonds or increase hashrate per bond/contract as has been the case.

BKM

sr. member

Activity: 315

Merit: 250

Quote from: kaneda2004 on March 15, 2014, 03:29:38 PM

Quote from: BKM on March 15, 2014, 03:02:35 PM

So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?

There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?

Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.

For me it looks like:

0.07351809 BTC on 254 "bonds"

or 0.07351809 on 762 "new bonds"

Last week I got 0.06527283 BTC on the same number of bonds..

Which is a 12.63% increase this week.. not the 20% quoted by LR, but likely there was a difficulty increase or bad pool luck..

OK - payment received thanks.... and nice to see the slight increase.... any updates worth sharing?

||bit

hero member

Activity: 924

Merit: 506

Quote from: BKM on March 15, 2014, 03:02:35 PM

So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?

There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?

Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.

Yeah. But LR needs to very soon take that 3:1 to something closer to 23+:1 with the new hardware coming online.

daemonfox

hero member

Activity: 630

Merit: 500

Would be nice to see the breakdown like we used to... don't see and legal reasons that stopped... we should get this EVERY payment.

Maybe LR/grnbrg should make a nice post to historically breakdown the payout history like LR used to for all the past weeks we do not have one from them directly.

kaneda2004

member

Activity: 66

Merit: 10

Quote from: BKM on March 15, 2014, 03:02:35 PM

So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?

There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?

Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.

For me it looks like:

0.07351809 BTC on 254 "bonds"

or 0.07351809 on 762 "new bonds"

Last week I got 0.06527283 BTC on the same number of bonds..

Which is a 12.63% increase this week.. not the 20% quoted by LR, but likely there was a difficulty increase or bad pool luck..

BKM

sr. member

Activity: 315

Merit: 250

So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?

There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?

Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.

spuushie

member

Activity: 67

Merit: 10

Quote from: NotLambchop on March 15, 2014, 11:09:33 AM

Quote from: VinceSamios on March 15, 2014, 04:36:11 AM

...
People who aren't prats, make friends, and get info.

They do. The info they get is seldom accurate -- in your case, never. Is there a scam or a failure you're not invested up to your eyeballs in?

+1

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: VinceSamios on March 15, 2014, 04:36:11 AM

...
People who aren't prats, make friends, and get info.

They do. The info they get is seldom accurate -- in your case, never. Is there a scam or a failure you're not invested up to your eyeballs in?

MWNinja

hero member

Activity: 630

Merit: 500

I'm wondering what kind of assets Lab Rat has so he can remediate the buyers caught in his unlicensed securities scam. When there's criminal behavior involved, it won't be difficult at all to pierce the veil of the LLC. At this point he can either buy back all my bonds at the price I paid (pre-IPO) or we can move forward with a lawsuit.

VinceSamios

sr. member

Activity: 448

Merit: 250

Quote from: Endlessa on March 15, 2014, 12:11:29 AM

Vince has a strain of tomato plants that his girl friend is in psychic contact with. . . .they tell many things

People who aren't prats, make friends, and get info.

Endlessa

sr. member

Activity: 335

Merit: 250

Vince has a strain of tomato plants that his girl friend is in psychic contact with. . . .they tell many things

pontikis13

newbie

Activity: 53

Merit: 0

Do tell Vince

VinceSamios

sr. member

Activity: 448

Merit: 250

Quote from: ||bit on March 14, 2014, 03:18:04 AM

Quote from: VinceSamios on March 14, 2014, 03:15:22 AM

Quote from: ||bit on March 14, 2014, 03:06:33 AM

Quote from: VinceSamios on March 14, 2014, 02:49:20 AM

LRM hashrate is increasing as we speak... Approx 7TH up so far...

where do u see that?

Instead of bitching and complaining like everyone else, I found a way...

Found a way for what?

To know when LRM was adding hashrate.

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 85. (Read 452170 times)