phantom miners are now offline and have not submitted a share in over an hour, if they stay offline its my assumption knc read this thread
shoulda kept in under your hat mate.  meh it was a sweet run but I knew it could never last. cheers for the beer tokens Sam! At least now you actually made them DO anything about something  |
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Fair warning to fellow KNCminers...
Anyone holding BTC should beware that Gox will be liquidating coin soon to pay lawyer fees.
Coinlab backed out, and Japan courts don't like Sunlot's (Brock Pierce & company) offer.
date unknown, but the hearing is set for July 23rd.
How do I know they will be liquidating coin?
Gox doesn't have the cash on hand to pay the fees, and they have entered liquidation proceedings according to Google Hangout and Gox notices.
Being that the only other assets are a car, office furniture, and computer... there's no other option but to sell coin.
There's simply nothing else to "liquidate"
All this smells of coinage sell-off in late July, early August?
Just be careful & ready.....
Thanks for the heads up |
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Consider this list;
Data Centre functioning - At an unsteady rate
DC peaking at 100 TH/s - Well below promised capacity
Shares trading - check
Website - Still showing old products and outdated info
Hardware sales - Still struggling to sell, while other producers are struggling to keep up with demand
Repaying unsatisfied customers - Ken wrote he was going to do this sometime in the future. Luckily for us, he is always telling the truth. In other words: check
Major deals incoming - CEO missed updates for the previous weeks and hasn't commented about anything. No mention of any upcoming deals.
MSD issue progressing - In not a particularly favorable outcome for the company
Cheap as chips shares - For a good reason
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Ok so to summarise things: If you are not listed on the list of creditors disclosed lately, then you have to fill the proof of claim form which is here: https://ecf.canb.uscourts.gov/cgi-bin/autoFilingClaims.pl, to make sure that you are included in the list of creditors. If you are already listed on the same list of creditors, then there is nothing to be done as Jessica M. Mickelsen will take care of our case and try to get back our refunds. Is that summary correct? As we have only 2 days left as others say, I would like to know for what purpose we have 2 days left... Is it only to make sure that we are on that list? If you're on the list, I guess it wouldn't hurt to also file the proof of claim already. Actually Jessica M. Mickelsen is HashFast's attorney, so she probably won't take care of us The 2 days left is also the opportunity window to fill in the documents in order to be selectable for the creditor's commitee. At least this is all my understanding. |
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For those of us that have no clue how to file claims or what to do, can someone ELI5 this for us? Do we need to file a proof of claim? How do we do so online? I looked at a ProofofClaim_B10.pdf document I googled, but have no clue what half these things are that we need to fill in.
You can file it online at: https://ecf.canb.uscourts.gov/cgi-bin/autoFilingClaims.plMaybe I can help with some of the stuff you'd have to fill in. I'm no expert though... I entered all my data there and attached 2 PDFs. Then this: Successful verification ...
Processing
Attachment 2FAILED! ERROR: Could not insert claim! What does that mean?  EDIT: two attachments didn't work, with only one it went through! If both attachments were PDF files smaller than 3 MB, then I don't know... |
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Where is the creditor matrix? I would like to look at it to see if I am on it
I got it by email. Not sure if I can make it publicly available. Will check. HR: It's a public document so it's fine to share it. Our review finds it full of errors so it would be good to make it available. Cevidad, could you host the file on hashfast.org? I can copy/paste it here, but it will probably get messy... |
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Where is the creditor matrix? I would like to look at it to see if I am on it
I got it by email. Not sure if I can make it publicly available. Will check. |
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So I saw the creditor matrix.
Apparently I'm not in it, so here's another lie from HashFast:
I declare that the attached Creditor Mailing Matrix, consisting of 73 sheets, contains the correct, complete and current
names and addresses of all priority, secured and unsecured creditors listed in debtor's filing and that this matrix conforms with the
Clerk's promulgated requirements
In the meantime I filed my proof of claim electronically:
Case 14-30725 - Claim 3 - Filed 06/11/14
Is there anything additionally I could do to make sure being included in the creditor list?
There seem to be a lot of people missing from the list. You should point out the fact that you are missing to the US Trustee so they are aware of the error and they can decide if the error is on purpose. EVERYONE LEFT OFF SHOULD DO THIS so that someone qualified (the US Trustee) can figure out if it is incompetence or done on purpose. Here is the case number in case others use the electronic route. Hashfast Technolgies, LLC Case NO. 14-30725 (likely only need this one) and Hashfast LLC Case No. 14-30866 FAX Number for US Trustee: 415 705-3379 ATTN: Tracy Hope Davis UNITED STATES TRUSTEE I would mail it also to: UNITED STATES TRUSTEE REGION 17 San Francisco Division 235 Pine Street, Suite 700 San Francisco, CA 94104 As a creditor, you can also write a letter to the US Trustee for the case if you have any concerns about any of the top 20 creditors being impartial and if you do not think they should be on the committee that will represent all creditors. Some of the people on the list of the top 20 creditors are also shareholders in the Delaware company that HF stated "owns all the IP" in the arstechnica article. Adam Ettinger (of Strategic Counsel Corp) is listed and a shareholder of Hashfast LLC Sandgate Technologies is listed as a top 20 and Chad Spackman is a shareholder of Hashfast LLC (and I believe shown as an employee on their website). It might concern some people about whether they will look out for all the creditors since they would appear to have conflicting interests. Anyone else see conflicts on the list of 20? Will do. Any chance the Trustee has an email address? |
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For those of us that have no clue how to file claims or what to do, can someone ELI5 this for us? Do we need to file a proof of claim? How do we do so online? I looked at a ProofofClaim_B10.pdf document I googled, but have no clue what half these things are that we need to fill in.
You can file it online at: https://ecf.canb.uscourts.gov/cgi-bin/autoFilingClaims.plMaybe I can help with some of the stuff you'd have to fill in. I'm no expert though... |
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June has 30 days:
1-10 = early June
11-20 = mid June
21-30 = late June
No cloud hashing at this moment = screwing their customers over once again
Lol, semantics! June has 30 days: 1-15 = early June 16-30 = late June Actually: 1-15 = first half of June 16-30 = second half of June When you say early June you mean beginning of June. 15th of June is definitely not beginning of June as it is already mid-June  |
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There is proof of Ken selling products and hashing.
OK not selling very fast and a small scale farm from what we expected.
But as i said before, this is a start up in a demanding industry.
There is no proof to me that Ken is actively scamming, either not competent or is working hard behind the scenes - we don't know.
Its all up in the air.
Edit* The proof Ken paid Easic is in the press release. If you don't understand that then there is no hope for you.
Start-up was last year. This isn't a start-up anymore! No proof of scamming? This company was supposed to design and build their own custom ASIC chip and it was supposed to have revenues from selling their own miners and from mining. What happened is all chips project got cancelled and you are mining with third party hardware which wasn't the main objective! Also how much money did ken paid himself instead of paying dividends? Proof of scamming: how about sending me 2 unsigned/misspelled cheques in a row. There are a lot of others out there to whom he applied the same 'trick'. |
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So I saw the creditor matrix.
Apparently I'm not in it, so here's another lie from HashFast:
I declare that the attached Creditor Mailing Matrix, consisting of 73 sheets, contains the correct, complete and current
names and addresses of all priority, secured and unsecured creditors listed in debtor's filing and that this matrix conforms with the
Clerk's promulgated requirements
In the meantime I filed my proof of claim electronically:
Case 14-30725 - Claim 3 - Filed 06/11/14
Is there anything additionally I could do to make sure being included in the creditor list?
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June has 30 days:
1-10 = early June
11-20 = mid June
21-30 = late June
No cloud hashing at this moment = screwing their customers over once again
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guys,you can check what the refund clause of BITMINE ...
refunds delayed but at least bitmine refund you what you paid exactly.and if paid by bitcoin ,then values in today's price of exchange rate and plus 10% as compensation.
I dout there are so many resellers and BA workers here just like on ecoin
That is because bitmine is retarded. If you pay in btc you get your original btc payment back. There is nothing to argue about. No court (especially in china) will take your claims seriously when BA offered to refund original payment. If you are really in desperate need of money, as you said in your previous posts, you would quit bitching and take the money and accept your losses. Btw china does not classify btc as money so good luck taking any legal route. I think everyone needs to just ignore him, its almost as if he is begging for money in this thread. Thought he was a "she", but whatever |
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All investors should call Sean Hagerty (MSD rep) directly at (573)526-3901
Ah yes, I should have just copied his email signature hah. Shawn HagertyInvestigatorMissouri Secretary of State, Securities Division 600 W. Main St., Box 1276 Jefferson City, MO 65102 573-526-3901 573-526-3124 (fax) shawn.hagerty@sos.mo.govLooks like mr. Hagerty wil have his hands full... |
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According this document http://www.uscourts.gov/uscourts/RulesAndPolicies/rules/BK%20Forms%201210/B_20A_1210.pdfyou are to mail an objection to a motion to the clerk's office. Mailing address: Clerk of Court (Mr. Edward Emmons) P.O. Box 7341 San Francisco, CA 94120-7341 As it seems there is a chance you'd have to attend a hearing in the courtroom (CA) in order to support your motives. Because I am no US citizen, it might not be such a good idea to file an objection to the limited service motion of notice myself. So it would be better for someone living nearby CA to file the objection. Some further info: http://thismatter.com/money/credit/bankruptcy/motions.htmPS: I'll try and call the clerk's office myself and ask whether it will be possible to conduct the hearing by phone (judge has to agree on this). |
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We will post in about 1 week an agreement to be refunded in BTC
Why wait a week? Buying time and probably waiting for the BTC price to rise further...
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Anyone know how to properly file objection to the limited service of notice order motion? This is the court's website: http://www.canb.uscourts.gov/Can I sent the objection by email, or only by postal mail? Also, is anyone already in possession of the list of creditors, other than the 20 largest creditors, HashFast has to provide? How can I make sure I will be on that list? Thanks. The full list of creditors is due 14 days from their ch. 11 filing, if they don't get an extension. You might try phoning the court clerk on Monday to see about how to file an objection. It would be good if you could post a standard letter for the affected folks. We should suggest to the judge that a good compromise would be to only have to notify the other creditors via email. That throws out any argument of added expense and we know they sent us all plenty of marketing email w/o a problem over the past 10 months so it shouldn't be an issue. Indeed, I was thinking of using this as an argument too. |
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Anyone know how to properly file objection to the limited service of notice order motion? This is the court's website: http://www.canb.uscourts.gov/Can I sent the objection by email, or only by postal mail? Also, is anyone already in possession of the list of creditors, other than the 20 largest creditors, HashFast has to provide? How can I make sure I will be on that list? Thanks. |
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Not that it matters because he won't have funds to produce anything after the Shareholder refunds.
Nevermind that, who would pay money to Ken Slaughter for a board or send him their chip for him to fit to a board?! No-one that's who. There would be no customers willing to take the risk. Everyone would go with Pepper Mining or anyone else but ACTM. This company has the reputation of a sewer pipe because it has NEVER ever delivered on ANY of it's promises. It owes Millions of dollars and it's being sued by it's shareholders and ruled against by the MSD. The CEO lies about refunds for MONTHS and takes 4WEEKS to deliver in stock cards! Bargraphics did the right thing - Ken should NEVER be trusted with other peoples money ever again. ACTM's Top Ten accomplishments: Datacentre - half what is should be and static 28nm cancelled 45nm cancelled shares - 4 month wait with 90% loss divs - won't fucking get them website - fucking joke cards - couldn't sell them legal news - we get it via the PRESS Customer refunds - send out unsigned checks, problem solved Financial Reports - Ken says go fuck yourself. Did I miss anything? That pretty much sums it up. |
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