Did you actually read the opposition to the sale and listened to what the judge said during the hearing before writing that post? If not, please do.

No, but I can imagine it's meaning. I don't care if I become as mad as Don Quixote. He was an interesting guy, and Pirateat40 agrees that you shouldn't fuck with the community too much.

You are the one doing a disservice now.

We will fight tooth and nail until when we get our money back or the responsible are in prison. Hopefully both.

If they had accepted USD refunds they would basically have only given up their BTC claims. I personally never received an USD refund check. Remember that HF had yet to finish refunding USD batch 1 customers when they they entered into bankruptcy. Batch 1 was like 14% of their total sales.

The problem was HF and the money they have pocketed; as jimmothy remembers, if HF was another company (let it be KNC or CT) they would have never spent 20M without delivering shit. HF was incredibly able to do so.

If you take my grandmother and ask her to run the same company, you won't be able to duplicate this incredibly ugly result. Not even in a hundred times.

So, from now on:

That logic isn't flawed. Your post is. (VC capital, 10% != 100%).

HF claims to have something like 5 BTC total.

I nominate this for the quote of the year prize. (prize = paying trollers to troll you).

I call them trollers while a more fitting definition would be people employed with the sole goal of deceiving a community in order to get cash in form of preorders to be recycled and end up in their personal pockets.

No, that's for the next gen IP, but thank you for your efforts

Bruno, did you find any information about how much HF paid to Uniquify? I'm quite sure to have read it somewhere, probably in the examinations, but I don't remember where exactly. It's something that has been bothering me for a while.

That's only the imaginary chips IP cost. PCB design costs are way, way lower. If you released the chip specs under public domain on tapeout's day you would probably get a few independent community designs + the ones you paid for ready for when you have the chips in hand.

If I remember correctly HF paid more than one million in development costs* so far for the next gen ip (from the schedules/343 examinations) (that should be 16nm since that tsmc does 16nm) and they needed around another million to get it to the tapeout stage.
The actual tapeout should cost around 4x the 28nm one, not something easily affordable, especially since that no sane individual will invest in this market at those conditions.

*money that would (should) have otherwise resulted in more system shipped. Like 1.5M/$300 = 5000 boards. Because using money you don't have in shit you won't need is cool.

Btw, I would like to know more about Ralph's involvement with HF. Did I really pay that idiot to troll me?

The trustee motion was denied because the committee already put a CRO in charge at the company. He should have almost complete powers, a trustee would have been more expensive and probably less familiar with the hf/bitcoin mess.
The other motion got instead approved, and that was the one allowing a "substantive consolidation" between HF California and HF Delaware (so that creditors can now sell their vague next gen ip, for whatever is worth).

No, they simply had a plan and methodically followed it. The plan included bankrupting the company, so what's the problem with promising BTC refunds? That, the MPP (don't forget the MPP change from chips only to whole boards), "In Stock" units, a shipping date promised for when the wafers weren't even out of the fab, "everything still on track" until 3 days before the shipping date to get more sales (whey only a "critical component" was delayed, but everything else was "in schedule, or ahead of schedule" (Barber's words))...

The only thing they didn't expected was the involuntary bankruptcy petition. They would be still there trying to ship batch 2.5 (minus "big orders", that could get chips not worth their manufacturing costs) elsewise.

I and countless others ordered only because of their infinite promises... So the question is, what did they made this show for, if Barber claims not have the money needed for his families expenses?

I can totally see them justifying their posts saying that HF_CL was hacked long ago and that they never had control over it for like... the last 9 months.

Aren't you too busy satisfying your fiduciary duties to the creditors to troll?

Like suppliers? I think so?

The hearing couldn't have gone better:

Hearing Held. Motion denied for the reasons stated on the record; Mr. Siddiqui to upload an order. A status conference will be held on 10/24/14 at 11:00 a.m. A Status Conference Statement, preferably filed as a joint statment with counsel for the Unsecured Creditors' Committee, due by 10/17/14. (related document(s): 168Motion to Appoint Trustee filed by Office of the U.S. Trustee / SF) (lp ) (Entered: 09/10/2014)

Hearing Held. Motion granted; counsel for the Official Committee of Unsecured Creditors to upload an order. (related document(s): 148Motion to Consolidate filed by Official Committee Of Unsecured Creditors) (lp ) (Entered: 09/10/2014)

Why are you guys losing time with a blind idiot?

I got the date wrong, it's tomorrow, Wednesday. Sorry.

Did they offer you more than the USD purchase price?

But this being a chapter 11, if you don't disagree with how the debtor filed your claim, there is no need to file a proof of claim. Again, if I'm wrong, please correct me.