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Topic: [VMC] Official Virtual Mining Corporation Discussion - page 15. (Read 85985 times)

sr. member
Activity: 378
Merit: 250
So ken slaughter is going to run a shell game with the state because they didn't know that he's running two companies and filed the inquiry against vmc instead of active mining? VMC of course lost all their bitcoins to mtgox, for no good reason, and actm is still completely fake.

nice.
legendary
Activity: 1904
Merit: 1007
So what are they working on right now?

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has NOT offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff

What the hell is "double slot"? It's the first time i hear this.
sr. member
Activity: 330
Merit: 250
So what are they working on right now?

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has NOT offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff
full member
Activity: 154
Merit: 100
...
So what are they working on right now?

Exit strategy Cool
legendary
Activity: 1904
Merit: 1007
Not sure if this was made known on the HW forum, but VMC has officially abandoned not only the eAsic 28nm products, but the recently announced 55nm products.  In other words, the products on Virtual Mining website do not exist, and development of said products abandoned.  Details can be found in multiple Active Mining threads in the Securities section of this forum.

*VMC is a fully owned subsidiary of Active Mining.

So what are they working on right now?
full member
Activity: 154
Merit: 100
Not sure if this was made known on the HW forum, but VMC has officially abandoned not only the eAsic 28nm products, but the recently announced 55nm products.  In other words, the products on Virtual Mining website do not exist, and development of said products abandoned.  Details can be found in multiple Active Mining threads in the Securities section of this forum.

*VMC is a fully owned subsidiary of Active Mining.
newbie
Activity: 19
Merit: 0
I know i am going to get a lot of hate from saying this.

I paid for my system on November the 24th and I have still being waiting for my system.
I haven't given up on the company yet. I still believe they can give me my system that i have paid for.
I understand that it is hard to get to the right amount of hash/s for the advertised amount.

So for all the people that are asking for refunds and complaining. I recommend you become patient and just let VMC do it's thing.

They aren't a bad company, all companies do this pre order stuff and make you wait ages, just give them time.

Also for people that still have faith in this company. My order is said to be delivered on the 20th of march, so i am excited Cheesy

P.S. i know i am going to get a lot of hate

]
HAHAHAHAHAHAHA  20th of march. What the hell are they going to build it with? Are you not paying attention at all? If (and I mean the slightest tiny little if you can imagine) they are EVER going to ship a product, it will be at least six months away or more.

Sue them, or get your refund on the way, because you aren't getting a miner.

Yeah i might do that, would you be able to help me to how to ask for a refund?
sr. member
Activity: 378
Merit: 250
I know i am going to get a lot of hate from saying this.

I paid for my system on November the 24th and I have still being waiting for my system.
I haven't given up on the company yet. I still believe they can give me my system that i have paid for.
I understand that it is hard to get to the right amount of hash/s for the advertised amount.

So for all the people that are asking for refunds and complaining. I recommend you become patient and just let VMC do it's thing.

They aren't a bad company, all companies do this pre order stuff and make you wait ages, just give them time.

Also for people that still have faith in this company. My order is said to be delivered on the 20th of march, so i am excited Cheesy

P.S. i know i am going to get a lot of hate

]
HAHAHAHAHAHAHA  20th of march. What the hell are they going to build it with? Are you not paying attention at all? If (and I mean the slightest tiny little if you can imagine) they are EVER going to ship a product, it will be at least six months away or more.

Sue them, or get your refund on the way, because you aren't getting a miner.
legendary
Activity: 1526
Merit: 1000
I know i am going to get a lot of hate from saying this.

I paid for my system on November the 24th and I have still being waiting for my system.
I haven't given up on the company yet. I still believe they can give me my system that i have paid for.
I understand that it is hard to get to the right amount of hash/s for the advertised amount.

So for all the people that are asking for refunds and complaining. I recommend you become patient and just let VMC do it's thing.

They aren't a bad company, all companies do this pre order stuff and make you wait ages, just give them time.

Also for people that still have faith in this company. My order is said to be delivered on the 20th of march, so i am excited Cheesy

P.S. i know i am going to get a lot of hate

Just be aware that it is now the 6th of march and they have zero working chips to put into your system, good luck to you.
legendary
Activity: 1904
Merit: 1007
I know i am going to get a lot of hate from saying this.

I paid for my system on November the 24th and I have still being waiting for my system.
I haven't given up on the company yet. I still believe they can give me my system that i have paid for.
I understand that it is hard to get to the right amount of hash/s for the advertised amount.

So for all the people that are asking for refunds and complaining. I recommend you become patient and just let VMC do it's thing.

They aren't a bad company, all companies do this pre order stuff and make you wait ages, just give them time.

Also for people that still have faith in this company. My order is said to be delivered on the 20th of march, so i am excited Cheesy

P.S. i know i am going to get a lot of hate

How much did you paid for your system? What are you going to do if you won't get it by 20th March?
sr. member
Activity: 330
Merit: 250
My order is said to be delivered on the 20th of march, so i am excited Cheesy
No hate from me, I would just encourage you to not expect too much being delivered within 14 days.
newbie
Activity: 19
Merit: 0
I know i am going to get a lot of hate from saying this.

I paid for my system on November the 24th and I have still being waiting for my system.
I haven't given up on the company yet. I still believe they can give me my system that i have paid for.
I understand that it is hard to get to the right amount of hash/s for the advertised amount.

So for all the people that are asking for refunds and complaining. I recommend you become patient and just let VMC do it's thing.

They aren't a bad company, all companies do this pre order stuff and make you wait ages, just give them time.

Also for people that still have faith in this company. My order is said to be delivered on the 20th of march, so i am excited Cheesy

P.S. i know i am going to get a lot of hate
full member
Activity: 162
Merit: 100
Eloncoin.org - Mars, here we come!
Today I received the full refund check for both of my cancelled orders.
I asked for a refund on Jan, 29.
full member
Activity: 274
Merit: 100
Given that legitimate posts are being deleted by Kenneth slaughter asking where our refunds are we have created the unofficial virtual mining corporation thread to discuss these important issues:

https://bitcointalksearch.org/topic/vmc-unofficial-virtual-mining-corporation-discussion-491609

This thread is moderated by me and posts will not be censored.

I ask for your Order Id on February 5th:

Quote
We only refund with a check.  We had a little problem in December with BTC processing, so all Bitcoin refunds have to be checked, so that may be the hold up.  I will look into why you refund has not be sent.  Do you have your Order Ref Number?

With no response, I then ask for your Order Ref number on February 27, after over 24 hours waiting with no response and no Order Ref number and then after two request it was determined that you were a troll with no order in our system, so I deleted your post.  Not until the post was deleted did you send me your Order Id.



I think I prefer a 15 year old at this point.
sr. member
Activity: 476
Merit: 250
Given that legitimate posts are being deleted by Kenneth slaughter asking where our refunds are we have created the unofficial virtual mining corporation thread to discuss these important issues:

https://bitcointalksearch.org/topic/vmc-unofficial-virtual-mining-corporation-discussion-491609

This thread is moderated by me and posts will not be censored.

I ask for your Order Id on February 5th:

Quote
We only refund with a check.  We had a little problem in December with BTC processing, so all Bitcoin refunds have to be checked, so that may be the hold up.  I will look into why you refund has not be sent.  Do you have your Order Ref Number?

With no response, I then ask for your Order Ref number on February 27, after over 24 hours waiting with no response and no Order Ref number and then after two request it was determined that you were a troll with no order in our system, so I deleted your post.  Not until the post was deleted did you send me your Order Id.
newbie
Activity: 19
Merit: 0
Refund requested 29/12, received via mail on 28/2.

Refunds arrive, they just take a long time.
full member
Activity: 196
Merit: 100
Given that legitimate posts are being deleted by Kenneth slaughter asking where our refunds are we have created the unofficial virtual mining corporation thread to discuss these important issues:

https://bitcointalksearch.org/topic/vmc-unofficial-virtual-mining-corporation-discussion-491609

This thread is moderated by me and posts will not be censored.
sr. member
Activity: 476
Merit: 250
Virtual Mining Corporation 02/27/14
 
Virtual Mining is currently processing and confirming pre-order refund requests. It is a very timely process because we are in the final stages of configuration before all of our pre-orders are shipped. Look to your email for product shipping order schedule. At the current time we are not immediately moving every order to a refund status due to our final staging and rigging our products for shipping.
 
We are contacting all of our valued customers with pre-orders  with our new product specification details that includes an increase in hashing power.  This increase in hashing power will make up for our delay in shipping.  Should any of our customers still wish to receive a refund even with the increase in hashing power please contact our customer service department.
 
Thank you for your continued patience and good luck on your Mining Ventures
 

You would need to increase the hashing power by a factor of 10 in order to account for the increased difficulty for non delivery at the end of December.
This is assuming you can deliver in April (serious doubts going off track record  - please prove us wrong)
Even then, miners will not turn a profit because of the current price of BTC. (~$570)

Refund for me please. I have already PM'd you. and have already contacted CS.

You also said the refund was already sent. The fact that you are offering unviable trinkets both here and on PM determined that was a lie.





I don't think so.  we have sent out refunds last week.  @magzy, I can't seem to find in any of you PM's an Order ID, so I don't even know if you have an order.  I seen your info to CS and I have now PMed you to get your Order ID.  We would have sent your refund last week if your order could have been confirmed.

sr. member
Activity: 476
Merit: 250
Virtual Mining Corporation 02/27/14
 
Virtual Mining is currently processing and confirming pre-order refund requests. It is a very timely process because we are in the final stages of configuration before all of our pre-orders are shipped. Look to your email for product shipping order schedule. At the current time we are not immediately moving every order to a refund status due to our final staging and rigging our products for shipping.
 
We are contacting all of our valued customers with pre-orders  with our new product specification details that includes an increase in hashing power.  This increase in hashing power will make up for our delay in shipping.  Should any of our customers still wish to receive a refund even with the increase in hashing power please contact our customer service department.
 
Thank you for your continued patience and good luck on your Mining Ventures
 
sr. member
Activity: 476
Merit: 250
Hi,
One user, coindesk12, has received a refund, but only after filing a complaint with the Attorney General ( https://bitcointalksearch.org/topic/m.4699254 ).

Others are pretty much where you are:
...
It's now been 8 weeks since I requested my refund and still have not got my money back.

Ken Slaughter is being investigated for securities fraud,
Weekly Update 2/19/2014
...
Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has NOT offered ActiveMining shares.
...
@
...so, in all likelihood, your shares are a total loss.

On the other hand, consumer fraud is an entirely different kettle of fish, and would be extremely damaging to Ken's securities case.
You're likely to get a refund if you follow coindesk12's example.

This is a moderated thread, and this post is likely to get deleted.  I'm sending you a copy via PM.

All the best.

@V2Rocket, you should get your facts correct coindesk12 contacted the Attorney General to get a shipping date.  VMC issued a refund  due to the fact that at the time we did not have a confirmed shipping date for coindesk12.  Coindesk12 did not want a refund.
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