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Topic: LEGAL COURSE of ACTION Discussion --- bASIC / BitcoinASIC (Read 21277 times)

hero member
Activity: 988
Merit: 1000
hero member
Activity: 742
Merit: 500

BTW: miter_myles is not and has never been a customer of BTCFPGA/BitcoinASIC

I don't owe him a penny.

he is just a mean nasty person who enjoys seeing others suffer.

Awww... Tommy "CAN-ELEC" McScam... I really do like how you try so hard to deflect things... you almost look like a victim when you say stupid shit like that.. lol

Actually, and rather unfortunately, I was indeed a sucker customer at one time (multiple orders even, omg!)... thankfully I did not pay via BTC.. still had to ride out my chargebacks and lost time and money following your little donkey show bASIC..

Good luck on your ebay sales!

hero member
Activity: 896
Merit: 1000
Buy this account on March-2019. New Owner here!!
well its friday again...

I just sent out several refunds,

I have to go do something- but will be back later to resume refunds.



BTW: miter_myles is not and has never been a customer of BTCFPGA/BitcoinASIC

I don't owe him a penny.

he is just a mean nasty person who enjoys seeing others suffer.
hero member
Activity: 526
Merit: 500
Failed businesses don't make a person a scammer, I'm sorry.  Your logic is flawed.  That's probably why I have you ignored, miter_myles, and can only read your text in quotes.

PS: Please don't quote miter_myles.

Oh noes!  My E-feelings are hurt!! 

Dumbass.. failed businesses are one thing, but lies, deceit and incompetence are another, which tommy mcscam achieved on high levels.

+1
legendary
Activity: 1764
Merit: 1756
Verified Bernie Bro - Feel The Bern!
Failed businesses don't make a person a scammer, I'm sorry.  Your logic is flawed.  That's probably why I have you ignored, miter_myles, and can only read your text in quotes.

PS: Please don't quote miter_myles.

So this is just SOP for a failing business?

UNDER NEW MANAGEMENT - "Tom" or "Dave" is no longer affiliated with this company in anyway. We are a specialized devision of a huge corporate electronics manufacturer in Canada and we want you to get to know us before we take even 1 order. Ordering has been suspended for now and we are sorting out the banking and tax issues with Tom. Hopefully he does the right thing and for his credit he has givin us zero indication that he does not have full intention of doing the right thing. Luckily for everyone Tom seems to be doing the best he can to refund every single customer in a timely fashion. Now I know we lost most of our customers and that is fine. We plan to show full video proof before we take 1 single order and unlike some competitors these shipments willl be coming from the USA and will include USPS tracking numbers (DHL for international customer) Now for the hard truth We have strong reason to believe that BFL has been stringing you along all this time beause it needed your money to cover their R&D / NRE costs, its quite likely they are even using Pre-sale orders to pay their employees saleries which i am not sure of US law but is illegal in Canada. BEWARE OF BFL. ITS ALL LIES. Their terms of service contract is basically setup so they can legally take your money and there is nothing you can do about it. Yes Finally! Avalon comes out with the first ASIC device but how many will we actually see in customers hands by months end. How about the end of Febuary, March? These numbers will be very low. The sheer unprofessionalism of the supossid leaders in this industry is down right appaling talking about Bitcoin in general it's mind boggling - how these companies like BFL and bASIC can just string their customers along for months and no one comes out with anything better. My company has been developing custom ASIC and FPGA based solutions for decades we work in the military and telecommunications sectors and can accomplish this task at ease. We currently have a full functioning and hashing prototype which we plan to bring to production next week. We understand time critical solutions and it is our specialty. Instead of a full Standard CELL ASIC whch takes AGES to complete low success rates and extremey high NRE we are using FPGA hard copies of what is probably the best FPGA Bitcoin mining core in history (no it is not open source sorry ). Our ASIC chips can mine at over 2 gh/s comfortably and at a very low clock, which will ensure excellent heat disapation as well as chip longetivity. The inexpensive nature of the manufacturer of these chips will allow us to build machines that will use a large number of cheap chips and still keep electrical rates down to a reasonable level. These will be fully enclosed devices, not as cleaver as as our friends at Avalon with their stand alone wifi devices but they will include 25 FPGA hard copy ASICS which will use a maximum of 200watts per device. They will however require a host computer. The best part of our device is the speed at which we can develop them. We have a fully functional PCB fab and electronics assembly as well as a fully functional SHIPPING DEPARTMENT in house and we have already begun this process. I know it's a bit late in the game to introduce a product such as this but we wanted our news to get out there in the main stream. Tom is out. We are in. the bASIC is officially DEAD. Get ready for a 50Gh/s ASIC Based device shipping from the US with tracking and no none sense. There will be no deadline back outs and no B.S. We purchased this company from Tom for many reasons but the main reason is his un revealed completed design that can easily be converted to support 25 hard copy ASICS. The hardest work for us is already completed , Believe it or not, this IS happening and like I said before you will see a youtube video of this device hashing along before we ever ask for one red cent from the community. We cannot give an exact date at this time but It would not surprise me in the slightest that our first device ships before BFL. Professionals have taken this over and professionalism which is long over due in this industry will make all the difference. Please watch our you tube channel (coming soon) for a video of the device hashing by next week at the latest. Once the video has been shot we have decided to ship the device to conman who in my opinion develops the best Bitcoin mining software available. Please check back for more updates.


If he hadn't crossed the line yet (that's a huge if IMO) he smashed the line by a country fucking mile with this one.

Why do so many people choose to ignore the Can-Electric situation when proclaiming this just a normal failed business attempt?
hero member
Activity: 502
Merit: 500



Contact me:
[email protected]

this is the only email address I am using to handle refunds and I have been answering emails every day. I have Zero unanswered emails at this current time at that address.


I will be available everyday at [email protected]

Everyone will be paid back.
this is a lie i have emailed you 3 times and still not received a response. i hope that me asking when my orders will be refunded isnt to mean or rude that you arnt going to answer me
hero member
Activity: 742
Merit: 500
Failed businesses don't make a person a scammer, I'm sorry.  Your logic is flawed.  That's probably why I have you ignored, miter_myles, and can only read your text in quotes.

PS: Please don't quote miter_myles.

Oh noes!  My E-feelings are hurt!! 

Dumbass.. failed businesses are one thing, but lies, deceit and incompetence are another, which tommy mcscam achieved on high levels.
hero member
Activity: 518
Merit: 500
Manateeeeeeees
Failed businesses don't make a person a scammer, I'm sorry.  Your logic is flawed.  That's probably why I have you ignored, miter_myles, and can only read your text in quotes.

PS: Please don't quote miter_myles.
hero member
Activity: 525
Merit: 500
..yeah
He replied to me, one day later than he said, but he got to it anyway.  Smiley
hero member
Activity: 502
Merit: 500
3 emails now and still no reply
hero member
Activity: 502
Merit: 500
i have sent tom two emails and no response yet
sr. member
Activity: 272
Merit: 250
Cryptopreneur
I really do not want to sound ungrateful for what Tom has tried to do but I cannot say I am whole just yet.

For some reason while the exchange rates were around $47.85ish while he was paying everyone back my transaction received has an apparent exchange rate of $49.31.

This means that for a USD cost of $2169.98 for 2 units he paid back only 44BTC instead of approximately 45.34BTC.
I do not know if this was because of clerical error or what but I believe I am still owed at least 1.25BTC.

I cannot wait until payments start again in a week as that minuscule amount could be wiped out in exchange gains for his benefit.


I put it to everyone here, should I still hound Tom for the remainder or just lick my wounds and be done with it?

If you want maybe send him an email to see what can be done. Other than that be happy with what you got, and move on. If there is any truth to toms claims consider your self lucky.
hero member
Activity: 504
Merit: 500
WTF???
After receiving full refund for my bASIC order, I'd like to request to the mods that they remove his scammer tag.

Good, you got yours, let's remove the scammer tag.

However, there's a list of 20 people and growing that haven't received their refunds yet.

https://bitcointalksearch.org/topic/basic-btc-refunds-list-v20-152980

Along with Even just above you saying that they are still owed over $200k. Not quite time to remove a scammer tag.

Am I sensing a team tommy resurgence ?  scammer tag should stay indefinitely, period.  Among other things possibly outside this forum, it actually seems to have helped get shit rolling in a more "positive" direction, if there is a such a thing...  

Sorry I bolded and italicized the sarcasm tags. Of course he doesn't get the tags taken off because one guy got a refund....


WTF Smiley lol
hero member
Activity: 742
Merit: 500
After receiving full refund for my bASIC order, I'd like to request to the mods that they remove his scammer tag.

Good, you got yours, let's remove the scammer tag.

However, there's a list of 20 people and growing that haven't received their refunds yet.

https://bitcointalksearch.org/topic/basic-btc-refunds-list-v20-152980

Along with Even just above you saying that they are still owed over $200k. Not quite time to remove a scammer tag.

Am I sensing a team tommy resurgence ?  scammer tag should stay indefinitely, period.  Among other things possibly outside this forum, it actually seems to have helped get shit rolling in a more "positive" direction, if there is a such a thing...  
hero member
Activity: 504
Merit: 500
WTF???
After receiving full refund for my bASIC order, I'd like to request to the mods that they remove his scammer tag.

Good, you got yours, let's remove the scammer tag.

However, there's a list of 20 people and growing that haven't received their refunds yet.

https://bitcointalksearch.org/topic/basic-btc-refunds-list-v20-152980

Along with Even just above you saying that they are still owed over $200k. Not quite time to remove a scammer tag.
member
Activity: 79
Merit: 10
All,

I apparently just received my refund via BTC. TX https://blockchain.info/tx/fa475b83c51d496f7ea3bf4cba7dfc80da7da53b5d5dda4790ae5f611a6cc3c9 for BTC45.

It's a lot less BTC than I originally paid ( BTC175 https://blockchain.info/tx/bfbff222cb7705a0fa123c979f009a799b441e64227738634e4882e70c67083a Sad ), however at the time of transaction, BTC45 works out to $2,159.10.

After receiving full refund for my bASIC order, I'd like to request to the mods that they remove his scammer tag.

Yes there was a significant amount of time with 0 communication, and yes that lead many to jump to the conclusion that he took people's money and ran. However, his posts on this forum since the incident all claim that he is in the process of refunding people, and as evidenced by my transaction posted above, he is making good on this claim.

While I'm still not super-happy about the long silence, I am most definitely content with Tom's return to posting and the refund he processed for me this morning.

I encourage everyone who is waiting for a refund to hold off on hurling insults at Tom as it's clear he is making some kind of effort to return people's funds.
sr. member
Activity: 250
Merit: 250
Tom answered me via email again. He states, he will pay me on 22nd. Lets see what happens. Thats the last time I am willed to wait, after that i will pursue legal action.
Tom still owes us $200k, but I know people he paid back > $100k. I believe Tom has the will to refund everybody but I am not sure Tom is in control of what is going on around him :-) Before pursuing legal action we could try to find somebody who would be willing to visit Tom again and who would be accepted by Tom and let them discuss the plan to refund everybody. If there is nobody near Tom we could in fact consider asking a local lawyer to do this for us so we save on the travel costs :-) I am in Europe and I will not travel myself :-)
I am "near" tom

Great. Last time Lukas visited Tom they did not come to any conclusions (in fact Lukas did get very little information from Tom about the project). It would be good to ask Tom if the trip will not be a waste of time and we probably need more trips than 1 :-) Also I assume Tom does not repay people because he has not funds. We have to think what we want to do if we find out this is the case.
I am willing to support the trip financially. We should think about the budget for the mediation steps.
hero member
Activity: 507
Merit: 500
Tom answered me via email again. He states, he will pay me on 22nd. Lets see what happens. Thats the last time I am willed to wait, after that i will pursue legal action.

Tom still owes us $200k, but I know people he paid back > $100k. I believe Tom has the will to refund everybody but I am not sure Tom is in control of what is going on around him :-) Before pursuing legal action we could try to find somebody who would be willing to visit Tom again and who would be accepted by Tom and let them discuss the plan to refund everybody. If there is nobody near Tom we could in fact consider asking a local lawyer to do this for us so we save on the travel costs :-) I am in Europe and I will not travel myself :-)
I am "near" tom
sr. member
Activity: 250
Merit: 250
Tom answered me via email again. He states, he will pay me on 22nd. Lets see what happens. Thats the last time I am willed to wait, after that i will pursue legal action.

Tom still owes us $200k, but I know people he paid back > $100k. I believe Tom has the will to refund everybody but I am not sure Tom is in control of what is going on around him :-) Before pursuing legal action we could try to find somebody who would be willing to visit Tom again and who would be accepted by Tom and let them discuss the plan to refund everybody. If there is nobody near Tom we could in fact consider asking a local lawyer to do this for us so we save on the travel costs :-) I am in Europe and I will not travel myself :-)
hero member
Activity: 502
Merit: 500
Tom you still have not replied to my email
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