I've seen the PepperMining variants for around what they charged but no original boards.
I will know exactly what I bought when/if it is delivered. I have done worse with $500.00...
Topic: Troll free thread about the progress of HashFast's bankruptcy (Read 2818 times)
I will know exactly what I bought when/if it is delivered. I have done worse with $500.00...
I've seen the PepperMining variants for around what they charged but no original boards.
What do you mean by "original packaging" and by "the boards are out there"?
The pictures from the buyer I cannot up load I am traveling. They are sealed from factory. I can’t tell which factory. I asked where he purchased them from and I have not gotten a response yet. If he ships out today I should have them Tuesday and I can upload a pic then. I am intrested as to where and when he was able to make this purchase.
What do you mean by "original packaging" and by "the boards are out there"?
I picked up 3 early version boards for 500 bucks. DOA potential is high on these but I couldn't pass. It was done through pay pal. They are in original packaging. I have asked the seller where he bought them from. The boards are out there...
MOTION FOR SUBSTANTIVE CONSOLIDATION
In this case I'm guessing this is a good thing because it will add the IP from the east cost component to the chips of the west as assets. Or am I totally wrong here?
In this case I'm guessing this is a good thing because it will add the IP from the east cost component to the chips of the west as assets. Or am I totally wrong here?
You are right. However they are not fighting it because of the doubt value of the IP, IMHO.
MOTION FOR SUBSTANTIVE CONSOLIDATION
In this case I'm guessing this is a good thing because it will add the IP from the east cost component to the chips of the west as assets. Or am I totally wrong here?
In this case I'm guessing this is a good thing because it will add the IP from the east cost component to the chips of the west as assets. Or am I totally wrong here?
+1 you don't take a vacation while your company is in jeopardy. Either you care about what happens to your company or you don't. Screw vacation. Act like an owner.
You seem to be taking Eduardo's statements at face value, that he really had no involvement and Simon made all the bad decisions. If you are CEO, doesn't the buck stop with you? It seems to make more sense that Eduardo was involved in numerous bad decisions but doesn't want to take any responsibilities.
YES, definitely true point. Simon should have stayed, as the senior most leader of company, and helped manage. Eduardo is just willing and able to blame anyone but himself. The buck does stop with him, yet he didn't make a buck for the company, so it never stopped. Now he's selling ideas to the creditors committee in bulk- do they not learn? where is the responsibility in that? Looks like the tables have turned.
You seem to be taking Eduardo's statements at face value, that he really had no involvement and Simon made all the bad decisions. If you are CEO, doesn't the buck stop with you? It seems to make more sense that Eduardo was involved in numerous bad decisions but doesn't want to take any responsibilities.
YES, definitely true point. Simon should have stayed, as the senior most leader of company, and helped manage. Eduardo is just willing and able to blame anyone but himself. The buck does stop with him, yet he didn't make a buck for the company, so it never stopped. Now he's selling ideas to the creditors committee in bulk- do they not learn? where is the responsibility in that? Looks like the tables have turned.
You seem to be taking Eduardo's statements at face value, that he really had no involvement and Simon made all the bad decisions. If you are CEO, doesn't the buck stop with you? It seems to make more sense that Eduardo was involved in numerous bad decisions but doesn't want to take any responsibilities.
If I rate him right I would guess it was a delightful one week excursion to Tijuana with blow and hookers.
I want to know more about Eddie's disappearance. I understand that he had a harrowing experience with the fire, but I haven't seen any real explanation for his apparent personal financial meltdown (did he keep his money in a burned up cookie jar?) and his absence in the period during which he blames bad decisions on Simon. Did he have some sort of mental breakdown? Why was he gone? If he had genuine medical issues, that's fine, I wouldn't begrudge him that. An explanation would seem in order, though.
If I rate him right I would guess it was a delightful one week excursion to Tijuana with blow and hookers.
+1 you don't take a vacation while your company is in jeopardy. Either you care about what happens to your company or you don't. Screw vacation. Act like an owner.
certainly true
He is protected under CA labor Law. Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer. Either he takes it now or the estate pays it later. I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.
I think the point was more that he is not just an employee of the company, he is one of two people on the board of directors and an owner. If he really gave a shit about trying to retain value for creditors, he would have delayed his vacation.He is protected under CA labor Law. Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer. Either he takes it now or the estate pays it later. I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.
I think the point was more that he is not just an employee of the company, he is one of two people on the board of directors and an owner. If he really gave a shit about trying to retain value for creditors, he would have delayed his vacation.He is protected under CA labor Law. Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer. Either he takes it now or the estate pays it later. I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.
I think the point was more that he is not just an employee of the company, he is one of two people on the board of directors and an owner. If he really gave a shit about trying to retain value for creditors, he would have delayed his vacation.Agreed.
He is protected under CA labor Law. Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer. Either he takes it now or the estate pays it later. I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.
I think the point was more that he is not just an employee of the company, he is one of two people on the board of directors and an owner. If he really gave a shit about trying to retain value for creditors, he would have delayed his vacation.From the testimony, Simon's vacation was part of the contract that he negotiated up front so it was owed by the company. Good for him to have the foresight to negotiate it.
Don't be ridiculous. His company is at a crucial stage of bankruptcy proceedings. If he had a whit of interest in doing right for the creditors, he'd be physically available in the Bay Area to meet and help take the company's decisions. Maybe he could go to Pacifica, but not the Algarve. Better yet, he would be eager to do something to prove he was worth a damn at anything other than a narrow set of technicals,* which apparently he is not.
* and spending money.
Simon doesn't come across to me as that nefarious. I thought he might po*p his pants during one of those audio interviews that you posted.
That first company that he and decastro started seems to have been simon's core idea as does HF. What did Eduardo bring to the table other than an ability to fade into the woodwork when the going got tough. What is curious to me is that after the first company was bought, simon worked there for 7 years more and then to PARC etc. eduardo's bio is more sketchy(at least publicly) since the first company with the implication that he has been involved with multiple startups since( yet none were named). How many "fund and fail" startups has he been associated with because he seems to be pretty savvy at fading away.
I fault simon too....just this eduardo guy stinks to me....
He is protected under CA labor Law. Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer. Either he takes it now or the estate pays it later. I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.
From the testimony, Simon's vacation was part of the contract that he negotiated up front so it was owed by the company. Good for him to have the foresight to negotiate it.
Don't be ridiculous. His company is at a crucial stage of bankruptcy proceedings. If he had a whit of interest in doing right for the creditors, he'd be physically available in the Bay Area to meet and help take the company's decisions. Maybe he could go to Pacifica, but not the Algarve. Better yet, he would be eager to do something to prove he was worth a damn at anything other than a narrow set of technicals,* which apparently he is not.
* and spending money.
Simon doesn't come across to me as that nefarious. I thought he might po*p his pants during one of those audio interviews that you posted.
That first company that he and decastro started seems to have been simon's core idea as does HF. What did Eduardo bring to the table other than an ability to fade into the woodwork when the going got tough. What is curious to me is that after the first company was bought, simon worked there for 7 years more and then to PARC etc. eduardo's bio is more sketchy(at least publicly) since the first company with the implication that he has been involved with multiple startups since( yet none were named). How many "fund and fail" startups has he been associated with because he seems to be pretty savvy at fading away.
I fault simon too....just this eduardo guy stinks to me....
From the testimony, Simon's vacation was part of the contract that he negotiated up front so it was owed by the company. Good for him to have the foresight to negotiate it.
Don't be ridiculous. His company is at a crucial stage of bankruptcy proceedings. If he had a whit of interest in doing right for the creditors, he'd be physically available in the Bay Area to meet and help take the company's decisions. Maybe he could go to Pacifica, but not the Algarve. Better yet, he would be eager to do something to prove he was worth a damn at anything other than a narrow set of technicals,* which apparently he is not.
* and spending money.
I have been out of the loop last couple of weeks..
Sounds like the lawyers are going to be making money.
What percent of our bitcoins are we likely to receive? if any???
Can someone summarize where we are at?
Sounds like the lawyers are going to be making money.
What percent of our bitcoins are we likely to receive? if any???
Can someone summarize where we are at?
Hashfast negotiated a horrible complicated deal to sell most of their assets to one of their supposed creditors Liquidbits, who was more like a business partner. The committee was against the deal because it would have in all likely hood resulted in $0 going back to the customer creditors. It was so blatantly horrible that the judge said he wouldn't approve it even before hearing arguments on the matter. Hashfast's plan was to sell all the first generation assets to Liquidbits then run off with the IP for the second generation chip and start a new company with it w/o the liability of all those pesky customers who are owed money.
Now that that scheme has been halted for the time being they are under pressure from the court to work out a plan in cooperation with the creditor's committee by Aug. 20th at which point if a mutually agreeable plan hasn't been reached then there will be a hearing about appointing a trustee who will come in and take charge of the company.
Hashfast claims they only have a negligible amount of BTC remaining somewhere between 0 and 5 BTC depending on which of their court filings you think is correct. What happened to the Bitcoin is still being investigated.
In the meantime Simon went on a month long vacation to Europe.
From the testimony, Simon's vacation was part of the contract that he negotiated up front so it was owed by the company. Good for him to have the foresight to negotiate it.
You say the LB plan didn't make money, than does the plan given the the company now make money and if so how much will we see and when? Most of the employees left last week so how do the creditor committee expect to get money back? Are they selling more of the company inventory cheaper, or going with Eduardo and Guido plan? (the give away franchise plan) That couldn't make any more money than the LB deal could it?
Posting replies from iCEBREAKER's (Ralph formerly of HF tech support) BS thread here. I am making an large assumption that kikaha is actually a creditor.
Their original scorched-earth plan (Chapter 7) went nowhere, and now they are struggling to deal with the other, more reasonable, creditors.
Koi and Gallo deserve each other, from what I've read.
With luck, LiquidBits and IceDrill may form an alliance to sell the IP, fund board assembly, and host miners, to the benefit of all creditors.
I have no insight, I am not on the committee. From the hearing though it is doubtful that the Gallo/LB deal will ever fly since the Judge already threw it out on its butt.
I did not dox you Ralph, someone else did. I did not publish your last name or that you were working for hashfast while trolling and spreading FUD about other manufacturers, someone else did. I did look into your background and gained a lot of insight into why you are such an angry little man. I did say that what you did is unethical and that you are not a creditor in the estate, because according to your statements, you will become a creditor in the icedirll estate if there every is one and have ZERO claim on the Hashfast estate.
I also told you to stop picking on the people at ACTm or else I would let them know more about why you feel the need to bully people. You calmed "to not know me". I guess two people must use your account or maybe the split personality is something I missed in your background.
Koi's interest is in the money we are owed and making sure that crooked people do not try and carpet bag the company. Thanks to management doing NOTHING to get creditors any value for the last months and spending all their trying to cut a sweetheart deal for LB and themselves (by trying to steal from creditors all the IP), we have all lost a lot of money that we could have recovered.
Chapter 7 would have made us all the most money as the company would have been shut down and all the assets would have been PUBLICLY auctioned. 3 months ago, that would have recovered a LOT of money and we did not need to pay $250k a month for HF employees to do nothing.
Do you have insight into this new creditor proposal? Can things get resolved quickly so we can all get some or all of our money back and move on? Before August 20th?
Sorry, I don't have any such insight. MinorMiner probably does, but he'd rather dox and stalk me than let the us know what brilliant move Koi is planning next. Their original scorched-earth plan (Chapter 7) went nowhere, and now they are struggling to deal with the other, more reasonable, creditors.
Koi and Gallo deserve each other, from what I've read.
With luck, LiquidBits and IceDrill may form an alliance to sell the IP, fund board assembly, and host miners, to the benefit of all creditors.
I did not dox you Ralph, someone else did. I did not publish your last name or that you were working for hashfast while trolling and spreading FUD about other manufacturers, someone else did. I did look into your background and gained a lot of insight into why you are such an angry little man. I did say that what you did is unethical and that you are not a creditor in the estate, because according to your statements, you will become a creditor in the icedirll estate if there every is one and have ZERO claim on the Hashfast estate.
I also told you to stop picking on the people at ACTm or else I would let them know more about why you feel the need to bully people. You calmed "to not know me". I guess two people must use your account or maybe the split personality is something I missed in your background.
Koi's interest is in the money we are owed and making sure that crooked people do not try and carpet bag the company. Thanks to management doing NOTHING to get creditors any value for the last months and spending all their trying to cut a sweetheart deal for LB and themselves (by trying to steal from creditors all the IP), we have all lost a lot of money that we could have recovered.
Chapter 7 would have made us all the most money as the company would have been shut down and all the assets would have been PUBLICLY auctioned. 3 months ago, that would have recovered a LOT of money and we did not need to pay $250k a month for HF employees to do nothing.
I may owe you an apology. You now say that you bought units by converting stock that you had purchased in Icedrill into Sierras?
Dude, where have you been? The IceDrill share conversion happened last year as Bitfunder closed. I guess you don't read that thread.Apology accepted.
I cannot wait until October to see how you filled your claim form in.
Just want to post this here because Ralph is getting a little sketchy on just how he is one of us creditors. He seems to have too many stories and only one of them seem to make sense.
Then you said on Icedrill that you did not convert your shares for units.
Wut? Where did I say that? 
Sorry Ralph your claim is against icedrill if that is the case. You are not a creditor.
Guess ICEDRILL / Ralph did not like the below? Truth is hard sometimes.
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But I now can see why you are such an angry little man now. You went to a pretty solid college, came out at an ideal time to make millions in tech, in a market where there was and is a shortage of tech talent and yet for some reason you can't hold down a job. Then you bought shares in a company on the Web and converted them to a Sierra at around $40 per gh. Life just is not fair. And all the while you have to deal with the fact that you are always the smartest guy in the room. A lot of bad luck you have had Ralph. Perhaps look in the mirror, you will find the responsible party there.
I want to know more about Eddie's disappearance. I understand that he had a harrowing experience with the fire, but I haven't seen any real explanation for his apparent personal financial meltdown (did he keep his money in a burned up cookie jar?) and his absence in the period during which he blames bad decisions on Simon. Did he have some sort of mental breakdown? Why was he gone? If he had genuine medical issues, that's fine, I wouldn't begrudge him that. An explanation would seem in order, though.
If I rate him right I would guess it was a delightful one week excursion to Tijuana with blow and hookers.
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