Right now all we've got going for us is a Total Recall


ok that was a bad pun.

http://www.plainsite.org/dockets/25plmbwgc/pennsylvania-eastern-district-court/lenell-et-al-v-advanced-mining-technology-inc-et-al/
Don't know when it's updated.

I know you're goofing phin, but it's not defamation if it's true. http://www.nolo.com/legal-encyclopedia/defamation-law-made-simple-29718.html

So it's really just a statement. One I've not seen refuted by the way. So unless they are lying about the check they have no grounds to sue for defamation.

IMET on the other hand could sue if it was not their manufacturing process that cause the issue with the boards since AMT has openly blamed them. And this could obviously injure them financially.

IMET is under no obligation to share the details of the contract that was signed with AMT. In fact by doing so it could find itself in legal trouble depending on what the contract says specifically.


Though I did give them a call when I deduced they were the manufactures from the geotagged data in the back plane picture. It was at a time when we were all really wondering what the fuck was up, and if there were boards being actively produce of if it was a single prototype. I just asked a question or two, but they said they couldn't say for sure and would pass the info up to their boss, but that I might not get a call back for obvious reasons. So I tanked them and then the next thing I heard from them was in here.

Doesn't matter if they delivered a fully functioning machine if it was delivered late. One of the grounds of the complaint is because the nature of bitcoin receiving a late miner means you were damaged. Obviously this is what would be argued, for and  against, in court among many other things.

If it was delivered and didn't work it was under a manufacturer warranty, there was no repair offer for months after the broken units shipped. So it would likely be looked at as a breach of contract. At least I would think

Where the hell is biomech? His wife is a lawyer.

Yeah and the refund thing seems pretty cut and dry. I don't know that it will go to trial. AMTs best bet during this time was take stock of everything they have in the way of assets. Present that to the lawyers for the 16th and offer to settle based on their currently held assets. If this goes to trial and they find there was a piercing of the corporate veil then they are pretty damn screwed. I'd be making that settlement even if it would be a meager one. Then it's on craigs legal team to decide to accept.

I just know that if I were named as a plaintiff in that suit, I'd do everything in my power to settle. Especially if I was looking to run a company again in the future.

I think what I want to know is, since you are interested in the bitcoin business and since it appears miners are being made by you based on the bitmine design, will you be designing your own miners?

You have the technical know how, you'd just need to source chips and away you go assembling even if you went with some cheaper chips using a larger die.

I would be interested in possibly purchasing an IMET branded miner.

Not true, if you read the complaint again I am pretty sure it says things about miners not arriving or arriving late and or not not receiving refunds.



Intro section A. #3 #5 section F. heading: Defendants’ Failure to Deliver Purchased Bitcoin Miners and/or Rightfully Issue
Refunds. #81 section: CLASS ALLEGATIONS #84-88 

Not a problem. I'm not afraid to call someone out on things they've messed up, but on the other hand there isn't any reason not to recognize the good work that same person does.

It's never been personal, just business. I'm glad to see things coming along there were times when I honestly wasn't sure what was going to happen. But progress is good and I'm happy to see you guys get back on track.

Ah, very good of you keeping your promise of the MPP. I'm sure he was delighted to receive a system that far more powerful than his order.

And good to hear about the clearing out of the backlog of european orders. I know you were trying to keep the american portion of the business as american made as possible, but glad that when push comes to shove you're doing what's right. I look forward to seeing more people popping ( I nearly put pooping, that would have been wrong) on to show us their delivered orders.

But they have desks.....

And it's wearing a cute little fez in the second picture.

Ah, yes especially if they believe this is a new outfit for Josh.

It's very quiet in here. too quiet.....

Sent my miner back.

WHo's been giving you the option of a refund? Perhaps you were just having a fever dream.

That expertise was definitely not mine, but glad to see another curt shaffer going out there and getting it done. He could take some public speaking lessons though.

That said, I'm still going to count myself as one of the top most interesting amt clients. If for no other reason that I don't know of any other amt client who worked at the jerry springer show.

Or the men with butterfly nets and white coats.

Yeah send me one of those,

They now appear to be selling A2s as well.

Good god thats a wall of text.

Welcome to the misery pit. It looks as if, and this is complete speculation on my part( I don't want my thoughts taken as facts since I have a lack of evidence),that those who received hardware are those who forced the hand of AMT by filing with various regulatory agencies. It appears these units were sent out despiste know system flaws, with the hopes that they were sending out the stock that would actually perform while supplying the agencies with proof of shipment of goods, giving the appearance of a good faith effort to deliver hardware.

If you filed no complaint then no agency was tracking your issue, then you got no hardware. Again these are my thoughts not facts.

If that was the case it was a calculated move on the part of AMT as there were production issues that meant there was no way that delivery was going to be on time for the majority of orders. Some might not call it the morally right move to make, but it was the smart one. Think of it a rowboat with holes it, each hole is a regulatory complaint and miners they sent out were the corks to stop the leaks. It was a stop gap measure plain and simple. This was a way to keep them afloat so they at least had a chance to weather the storm. If not they would have sank before the storm even rolled in.

So here we are, a lawsuit has been filed and we are all part of it, except for those with no "skin in the game" as people keep saying. Tangentially speaking I could give two shits who you are and what you want to post or for what reasons, you won't find me trying to stop you, bury them with the dirt from the hole they dug for themselves, because it's not going to change the outcome at this point. Anyway, the lawsuit is filed and now it's a waiting game. Do they settle ? Do they go to trial? It's a trial by jury so you are only going to have people who really know nothing about Bitcoin. Are they going to understand the pressing nature of the hardware and the timeliness of its delivery? You know there is going to be a grandma who doesn't know what a computer is. You'll have a few people who have dells from 1998 who only have it for "the emails" and a maybe a smattering of tech savvy individuals on the jury. Do you really think they are going to understand the damages suffered in the case? I'm not too confident.

I'd prefer the settlement route. I'll have my new(er) miner from amt hashing away making way less than it should be, but something is honestly better than nothing. Maybe I get some cash from the settlement. Maybe it's enough to buy another miner from another company. AMT said my MPP period has started as of when the hardware shipped (the 4th or 7th of April) so if I haven't mined enough by october 4th to be profitable (which isn't likely barring a large increase in the price of bitcoin) then I'll contact them for their next most powerful miner that could reach profitability (provided they are still operating). Or if they so chose and this is completely their choice they send me enough hashing power now to ensure that I make a profit on my purchase and then they are done with me.

The fact is all of those things are out of my hands. It's why you don't really see me whining about it to much. I know when I've been got, and right now I've been got. It sucks as I'm a disabled vet going through some financial and medical woes at the moment (unrelated to the AMT thing that money came from a completely separate source specifically for mining) so I kind of have more pressing matters to worry about than just this. (It also explains why I have so much time to just sit and watch the forum)

Well I'm going to go ahead and look up my local fedex kinkos and see who is open 24 hours. I'm going to put this bad boy all back together, with the exception the heat sink that fell off. I wish two would have came off then I could have kept them and made a set of cuff links. The camera is coming with me. I'll have pictures of the miner as I packaged it and exactly how left it in the hands of the fedex people ( I'll actually include copies in the return box for AMTs benefit) Then off this goes and hopefully within a week or so I'll have another miner.