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Topic: LEGAL COURSE of ACTION Discussion --- bASIC / BitcoinASIC - page 10. (Read 21287 times)

hero member
Activity: 924
Merit: 506
Wrong, 40 people weren't notified of a request. I was one.

Same.  I was watching for it and never received one.  I sent the email regardless.

Same here.
hero member
Activity: 924
Merit: 506
I wonder if it would be worth seeking justification to search his records or accounts if we take him to court. B/c if this was more than a business fiasco, then he needs to be taken down completely by the legal system. No sense in letting him get away to rob again, if that is indeed what he intended. And if he did, then lock him up, liquidate his assets, and redistribute to the victims.

||bit
hero member
Activity: 924
Merit: 506

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

Tom's claim of "thousands" of refunds still to be processed is dubious (it may have been thousands including the CC refunds which were already processed by Dave).

Dave's post of 27 January is probably more accurate.

Quote
Remaining:
136 BTC order refunds
106 BTC order refunds (already sent to Tom for payment)

I will now move into reconciling the BTC payments made already and then create a master list of BTC refunds that I will give to Tom.  I plan to provide him with the USD value of the order and BTC payment address - it will be up to Tom to decide what exchange rate to convert these to.

In Dave's final post on Tom's forum on 2 February, he said that about 40 people hadn't responded to requests for a Bitcoin payment address.



Wrong, 40 people weren't notified of a request. I was one.

There was no email in my inbox; a ignorant buyer could have easily had forgotten and not gotten a refund.

No email received here either. However, I logged into the account on the website and saw a note there from late January. The note said to respond to the email message with a payment address. But there was no email, and the message in the account didn't include an email address to send a btc payment address to... so, I simply emailed him using the email address Dave said was the best he knew about.

||bit
hero member
Activity: 642
Merit: 500
Wrong, 40 people weren't notified of a request. I was one.

Same.  I was watching for it and never received one.  I sent the email regardless.
member
Activity: 109
Merit: 10

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

Tom's claim of "thousands" of refunds still to be processed is dubious (it may have been thousands including the CC refunds which were already processed by Dave).

Dave's post of 27 January is probably more accurate.

Quote
Remaining:
136 BTC order refunds
106 BTC order refunds (already sent to Tom for payment)

I will now move into reconciling the BTC payments made already and then create a master list of BTC refunds that I will give to Tom.  I plan to provide him with the USD value of the order and BTC payment address - it will be up to Tom to decide what exchange rate to convert these to.

In Dave's final post on Tom's forum on 2 February, he said that about 40 people hadn't responded to requests for a Bitcoin payment address.



Wrong, 40 people weren't notified of a request. I was one.

There was no email in my inbox; a ignorant buyer could have easily had forgotten and not gotten a refund.
full member
Activity: 196
Merit: 100
Ahhh. even more "get rich quick" schemes.

Read the prospectus very clearly, even an absolute beginner can see the massive holes in it.


Tom was a scammer.
He has been reported as such and I believe actions are being taken to close current and any future "credit card"  processing opportunities.
The rat is soon to find his Maze is very much reduced in Size.


hero member
Activity: 868
Merit: 1000

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

Tom's claim of "thousands" of refunds still to be processed is dubious (it may have been thousands including the CC refunds which were already processed by Dave).

Dave's post of 27 January is probably more accurate.

Quote
Remaining:
136 BTC order refunds
106 BTC order refunds (already sent to Tom for payment)

I will now move into reconciling the BTC payments made already and then create a master list of BTC refunds that I will give to Tom.  I plan to provide him with the USD value of the order and BTC payment address - it will be up to Tom to decide what exchange rate to convert these to.

In Dave's final post on Tom's forum on 2 February, he said that about 40 people hadn't responded to requests for a Bitcoin payment address.

hero member
Activity: 924
Merit: 506
Anyway, it's a little bit promising that your order number is somewhat low.
Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...


On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?||bit

Because they (he?) is playing for time, so by the time we morons are woken up to the fact that they are not going to refund even most victims, they are long gone and tracks are cold. With all probability they (Tom, Dave whoever) are not even who they say they are. They are just stolen some poor bastards identity, and fucking us around.

Possible, but I don't think so. If it were true, they would not likely have refunded anyone. I think the images and addresses used by Tom were real. Even his vehicle license plate number which we know from photos Tongue The only question is, when/if to start legal action. Many seem ready. Already at least 80% of polled people owed are ready to do something if asked to cooperate.

||bit

full member
Activity: 145
Merit: 100
Anyway, it's a little bit promising that your order number is somewhat low.
Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...


On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?||bit

Because they (he?) is playing for time, so by the time we morons are woken up to the fact that they are not going to refund even most victims, they are long gone and tracks are cold. With all probability they (Tom, Dave whoever) are not even who they say they are. They are just stolen some poor bastards identity, and fucking us around.
hero member
Activity: 924
Merit: 506
Anyway, it's a little bit promising that your order number is somewhat low.
Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...


On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

hero member
Activity: 924
Merit: 506
Anyway, it's a little bit promising that your order number is somewhat low.
Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

That's about what I thought. But didn't realize you were in the top 30. Anyway, my perspective was that maybe it means Tom started from an end of the list (among the first) and is working his way down the list like a plan. However, I haven't heard anyone else claiming to receive a refunds lately. Then again, I haven't been paying close attention this weekend.

||bit
legendary
Activity: 1112
Merit: 1000
Anyway, it's a little bit promising that your order number is somewhat low.
Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

hero member
Activity: 924
Merit: 506
I suspect most refunds were made to those located in US. Thats because legally Wink there's little to be done for the non-US victims. I wish Tom the ripper would realize this offers him no protection.
Wrong, I'm based in Belgium

Tom is working his way down on the list he got from Dave with all the BTC refunds. He is refunding bigger and smaller BTC amounts

What was your order number, or if you don't want to say, maybe approximate it.
e.g. If it was Order# 123, you could type 12x, or worse 1xx.

Let's see if there is a trend.

||bit
Did you even bother to dig through my previous posts? my order was #299

No. Simply had no reason to consider it probable that you put your order number in another post. Anyway, it's a little bit promising that your order number is somewhat low.

Thanks.

||bit
legendary
Activity: 1112
Merit: 1000
I suspect most refunds were made to those located in US. Thats because legally Wink there's little to be done for the non-US victims. I wish Tom the ripper would realize this offers him no protection.
Wrong, I'm based in Belgium

Tom is working his way down on the list he got from Dave with all the BTC refunds. He is refunding bigger and smaller BTC amounts

What was your order number, or if you don't want to say, maybe approximate it.
e.g. If it was Order# 123, you could type 12x, or worse 1xx.

Let's see if there is a trend.

||bit
Did you even bother to dig through my previous posts? my order was #299
member
Activity: 100
Merit: 10
Dave (and I suppose Tom as well) have already made another scam. https://bitcointalk.org/index.php?topic=140366.60

The BTC is gone, and we should act. These people wont stop, unless stopped. This picostock scam, was in the making when Dave was still "processing" our refunds. Clad he had time and money.

Do your research.  The owner of PicoStocks (tytus) had put $200k into bASIC and AFAIK hasn't seen it returned.  He was already working on a larger process ASIC, but decided to get into bASIC because it looked like Tom was further along.  When bASIC died,  he partnered with BitFury (who designed the 100Gh/s FPGA rig seen at bitfury.org) to make a smaller process ASIC that could perform at an attractive power consumption within a reasonable timeframe.  Look around - BitFury's ability is well respected.  Les is moving forward with ASIC because he ran the numbers and sees it as viable.  Read the business plan here: http://picostocks.com/businessplan/19.

I'm sure we'll see lots of good details from Les as the 100TH mine moves forward.  You can decide whether to buy shares of 100TH at any time - even after the units begin mining.

My role with Tom has been well documented - I don't need to detail it here again.  I am no longer involved with bASIC and therefore no longer involved with Tom.

I agree that scammers plague Bitcoin and everybody should do their homework before they invest or get involved with any project.  I also think uninformed trolls and conspiracy theorists plague forums like this one and reduce its usefulness and value to everybody who comes here to learn about Bitcoin.



ahhh Dave, come on... your attitude is totally in line with that of #btcfpga. this is very simple, we preorder a product -it never came, and I (along with many others) havent received a refund. if Tom's working on refunds, great. until i get mine, he's a complete ass hat scammer.

I know its been asked many times, but can you release YOUR complied refund list (minus any personal info... simply isnt relevant)

"do their homework before they invest or get involved with any project" ...we all invested in Tom, you too, and its wasnt even an INVESTMENT, it was a gd preorder.
hero member
Activity: 502
Merit: 500
dve can u post the refund list so we can see who is getting refunds and if its in any order or such. since there are a few ppl claiming they have recived. ty if you can
vip
Activity: 472
Merit: 250
Dave (and I suppose Tom as well) have already made another scam. https://bitcointalk.org/index.php?topic=140366.60

The BTC is gone, and we should act. These people wont stop, unless stopped. This picostock scam, was in the making when Dave was still "processing" our refunds. Clad he had time and money.

Do your research.  The owner of PicoStocks (tytus) had put $200k into bASIC and AFAIK hasn't seen it returned.  He was already working on a larger process ASIC, but decided to get into bASIC because it looked like Tom was further along.  When bASIC died,  he partnered with BitFury (who designed the 100Gh/s FPGA rig seen at bitfury.org) to make a smaller process ASIC that could perform at an attractive power consumption within a reasonable timeframe.  Look around - BitFury's ability is well respected.  Les is moving forward with ASIC because he ran the numbers and sees it as viable.  Read the business plan here: http://picostocks.com/businessplan/19.

I'm sure we'll see lots of good details from Les as the 100TH mine moves forward.  You can decide whether to buy shares of 100TH at any time - even after the units begin mining.

My role with Tom has been well documented - I don't need to detail it here again.  I am no longer involved with bASIC and therefore no longer involved with Tom.

I agree that scammers plague Bitcoin and everybody should do their homework before they invest or get involved with any project.  I also think uninformed trolls and conspiracy theorists plague forums like this one and reduce its usefulness and value to everybody who comes here to learn about Bitcoin.


full member
Activity: 234
Merit: 105
Ah the memories...

Quote
Give us a chance to get organized and then make your decision because bASIC is moving forward. Any customer that sticks around will have a bASIC unit hashing away in March GUARANTEED.

http://gfyi95.com/bASIC/bASIC%20Forum/www.btcfpga.com/forum/index3f55.html?topic=1034.msg3051#msg3051
hero member
Activity: 742
Merit: 500
sr. member
Activity: 454
Merit: 250
Technology and Women. Amazing.
Does anybody have an address for Tom? I have some free time this week, maybe a road trip is in order.
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