The part where plaintiff's counsel has directly threatened to file a motion in order to stop all of our business operations all together unless we settle with all clients via their class action suite. That's why we can longer discuss person order situations,refund options or settlement options via this forum or our public site.
So the motion hasn't been filed? So there is nothing actually stopping your business. You're simply taking the easy route by not delivering miners and not providing refunds.
My thoughts exactly. The business has yet to be forced to shut down, but AMT has not been operating for over a month now?
Apparently, the working boards are sitting in IMET's premises but AMT refuses to pay the cash to get them.
Meanwhile, a whole bunch of customers have yet to even receive miners that they purchased.
Really?
This is what we do at night, (that was taken 5 minutes ago Carlos) we remove A1 chips from IMET produced boards, because yes, IMET is holding hostage all of the previously ordered boards, chips, and components. And I guess now they are holding the answer to how to make them work too. Aside from ordering brand new (2 ounce) boards, which was their suggestion at the end of march (another 60k easy) when we discovered there was too little copper (1 ounce) in the first 900 boards they ordered for us, after Giorgio asked every dumbass question in the book after asking all the intelligent one in order to figure out why they weren't working. No we don't think they've done anything new or different in order to make them work.And if they manage to show one working, they need to showing it working for a week. All miner assembly was held in their facility. There is no way to test a board without mounting it to a heat sink.
The design team, a reference from IMET were the designers we paid to design the rig, which they botched the first time around yes, and then again the second time around as well. Maybe third times the charm.
Why wouldn't they give us the answer to making the boards work so that we could continue the production in their facility instead of moving someplace else. Or why wouldn't they give the answer to their client who had a class action filed against them? We had paid them almost a quarter of a million by that point, and we got nothing in return. Who in their right mind would continue to pay for such service?
The mistake was ours, and ours alone. We chose the wrong place to manufacturer plain and simple. We went to a different manufacturer 30 miles away, and we are now manufacture working boards there.