Friction, you are correct. They have all those miners. Perhaps I was the first to get one that "really" worked. It backfired, the miner got damaged and I guess they realized they should just keep all the miners and make Bitcoins due to the cost and problems with shipping mine.
So what about the 43 user's here that have yet to receive a miner? |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? Where did you come up with that number, just wondering. Maybe you should devulge the actual numbers? It is beginning to look like you may have kept the working miners for yourselves and shipped all the broken ones to customers. You could only afford 60 miners total (strike that, you couldn't.... you sent IMET a bad check). Anyway, 300 boards were delivered to AMT (you said it yourself). So clearly there are miners in the original list that are not accounted for or alternatively you kept those working miners for yourself. Where are you getting these numbers from Carlos, your just pulling them out of your ass. And it clearly looks like your trying to make it look like that. You were delivered 300 boards by IMET (that's what you claim), so you have around 60 miners to be delivered. You did not deliver half of those miners, as indicated by the order list. Anyway, the question is, do you or do you not have miners that are mining on your behalf? Are you mining bitcoin using customers mining rigs? What are you talking about dude, you've lost it. We have not mentioned numbers. Where are you getting your numbers from? Well you did not give exact numbers but you did reveal approximate numbers. 300 boards right? IMET is obviously on the forum, why don't you ask them. You already told me, 1/3rd of 900 boards were delivered before you ran off with a bounced check. Now how can you tell me how many miners you shipped to customers? Based on this list, you only delivered 11 miners. https://bitcointalk.org/index.php?topic=580180You have not delivered around 49 miners. 43 miners are on the list of not having been delivered to customers. That leaves 6 miners unaccounted for in the list. Yet... we are still speaking about 49 miners here that you have sitting in your premised. You mean to tell me they are all not working? No one told you that. Well you did. If it is incorrect, then maybe you can divulge to us the number of boards you received from IMET? The numbers actually do make sense though, 60 possible miners delivered by IMET. 11 + 1 1.2 THs delivered to customers ( probably a few instances of working miners ) 43 miners never delivered according to customers 5 miners not accounted for (anyone's guess as to what happened to these) IMET contract cancelled on 4/18/2014 Last customer order recorded as 2/26/2014 - NotFuzzyWarm Order #1565 Of course, I don't have the entire order list, but that will be revealed in time. The evidence of course clearly shows that you need to deliver like around 50 working miners. It is at least known that AMT received 8 pallets of 189 A1 chips.  This allows for 189 boards to be manufactured. For roughly 36 miners, There are at least 54 miners that was ordered. |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? Where did you come up with that number, just wondering. Maybe you should devulge the actual numbers? It is beginning to look like you may have kept the working miners for yourselves and shipped all the broken ones to customers. You could only afford 60 miners total (strike that, you couldn't.... you sent IMET a bad check). Anyway, 300 boards were delivered to AMT (you said it yourself). So clearly there are miners in the original list that are not accounted for or alternatively you kept those working miners for yourself. Where are you getting these numbers from Carlos, your just pulling them out of your ass. And it clearly looks like your trying to make it look like that. You were delivered 300 boards by IMET (that's what you claim), so you have around 60 miners to be delivered. You did not deliver half of those miners, as indicated by the order list. Anyway, the question is, do you or do you not have miners that are mining on your behalf? Are you mining bitcoin using customers mining rigs? What are you talking about dude, you've lost it. We have not mentioned numbers. Where are you getting your numbers from? Well you did not give exact numbers but you did reveal approximate numbers. 300 boards right? |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? Where did you come up with that number, just wondering. Maybe you should devulge the actual numbers? It is beginning to look like you may have kept the working miners for yourselves and shipped all the broken ones to customers. You could only afford 60 miners total (strike that, you couldn't.... you sent IMET a bad check). Anyway, 300 boards were delivered to AMT (you said it yourself). So clearly there are miners in the original list that are not accounted for or alternatively you kept those working miners for yourself. Where are you getting these numbers from Carlos, your just pulling them out of your ass. And it clearly looks like your trying to make it look like that. You were delivered 300 boards by IMET (that's what you claim), so you have around 60 miners to be delivered. You did not deliver half of those miners, as indicated by the order list. Anyway, the question is, do you or do you not have miners that are mining on your behalf? Are you mining bitcoin using customers mining rigs? What are you talking about dude, you've lost it. We have not mentioned numbers. Where are you getting your numbers from? Well you did not give exact numbers but you did reveal approximate numbers. 300 boards right? IMET is obviously on the forum, why don't you ask them. You already told me, 1/3rd of 900 boards were delivered before you ran off with a bounced check. Now how can you tell me how many miners you shipped to customers? Based on this list, you only delivered 11 miners. https://bitcointalk.org/index.php?topic=580180You have not delivered around 49 miners. 43 miners are on the list of not having been delivered to customers. That leaves 6 miners unaccounted for in the list. Yet... we are still speaking about 49 miners here that you have sitting in your premised. You mean to tell me they are all not working? When you look at the numbers, it is just insane that even of the 11 you delivered almost 90% of them don't work. Did you not test them prior to delivery? |
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Lol
I love how catty this is getting.
I bet it's been killing clennell not posting on here. I want to know what his lawyers have to say, well and AMT's.
I'm just wondering how quickly a settlement will be reached, filing was just over two months ago, coming up here on a deadline for a response.
My guess, and it would only be that, is they used the delay to figure out the imet thing to present it to the courts, and licensed the tecnobit design as it a proven one. They show the court they have a miner performing to spec, or you know a viable product. That should clear the fraud charges but doesn't take care of the neglect and several other charges. The fraud charge would be the one I'd be looking most to beat as I think that could carry more damages if it were to go to trial. Then they would be in a better bargaining position in a settlement negotiation.
Timeline: Feb 02 - IMET starts producing miners for AMT - https://advancedminers.com/amt-starts-production-1-2th-miners/ (note: censored in their main website) Mar 16 - Bitmine reveals new 12 chip board design. Suspends shipment/ordering of all designs of more that 800 GH/s Mar ?? - AMT starts advertising 2.4 TH/s delivery by April 1st Apr 7 - AMT starts shipping kits without powersupplies Apr 18 - AMT sends IMET bad check after IMET delivers 300 boards. Apr 28 - Delaware County consumer affairs recommends contacting District Attorney Apr 30 - Class Action Lawsuit filled May 1 - AMT reveals Technobit based board May 7 - Bitmine reveals 2.4 Th/s system ( 1 month later than when AMT claims to have 2.4 TH/s miners shipping) May 8 - Technobit confirms license deal with AMT Yea that's not accurate, go back and look at some of those dates again. But some are close yes. For the sake of transparency, can you provide a timeline. Lets just go with your close. We're not to concerned with the past as the past has already happened, we need to focus on the future because the future hasn't happened yet. Or has it? The past is very important here as it provides us whether there was an honest intent to deliver miners. There are 48 1.2 TH/s miners in the order list and 4 520 GH/s miners. You were delivered by IMET 60 miners worth of hardware. Did you deliver half of those miners to customers? Are you mining with customer hardware? |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? Where did you come up with that number, just wondering. Maybe you should devulge the actual numbers? It is beginning to look like you may have kept the working miners for yourselves and shipped all the broken ones to customers. You could only afford 60 miners total (strike that, you couldn't.... you sent IMET a bad check). Anyway, 300 boards were delivered to AMT (you said it yourself). So clearly there are miners in the original list that are not accounted for or alternatively you kept those working miners for yourself. Where are you getting these numbers from Carlos, your just pulling them out of your ass. And it clearly looks like your trying to make it look like that. You were delivered 300 boards by IMET (that's what you claim), so you have around 60 miners to be delivered. You did not deliver half of those miners, as indicated by the order list. Anyway, the question is, do you or do you not have miners that are mining on your behalf? Are you mining bitcoin using customers mining rigs? |
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Lol
I love how catty this is getting.
I bet it's been killing clennell not posting on here. I want to know what his lawyers have to say, well and AMT's.
I'm just wondering how quickly a settlement will be reached, filing was just over two months ago, coming up here on a deadline for a response.
My guess, and it would only be that, is they used the delay to figure out the imet thing to present it to the courts, and licensed the tecnobit design as it a proven one. They show the court they have a miner performing to spec, or you know a viable product. That should clear the fraud charges but doesn't take care of the neglect and several other charges. The fraud charge would be the one I'd be looking most to beat as I think that could carry more damages if it were to go to trial. Then they would be in a better bargaining position in a settlement negotiation.
Timeline: Feb 02 - IMET starts producing miners for AMT - https://advancedminers.com/amt-starts-production-1-2th-miners/ (note: censored in their main website) Mar 16 - Bitmine reveals new 12 chip board design. Suspends shipment/ordering of all designs of more that 800 GH/s Mar ?? - AMT starts advertising 2.4 TH/s delivery by April 1st Apr 7 - AMT starts shipping kits without powersupplies Apr 18 - AMT sends IMET bad check after IMET delivers 300 boards. Apr 28 - Delaware County consumer affairs recommends contacting District Attorney Apr 30 - Class Action Lawsuit filled May 1 - AMT reveals Technobit based board May 7 - Bitmine reveals 2.4 Th/s system ( 1 month later than when AMT claims to have 2.4 TH/s miners shipping) May 8 - Technobit confirms license deal with AMT Yea that's not accurate, go back and look at some of those dates again. But some are close yes. For the sake of transparency, can you provide a timeline. |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? Where did you come up with that number, just wondering. Maybe you should devulge the actual numbers? It is beginning to look like you may have kept the working miners for yourselves and shipped all the broken ones to customers. You could only afford 60 miners total (strike that, you couldn't.... you sent IMET a bad check). Anyway, 300 boards were delivered to AMT (you said it yourself). So clearly there are miners in the original list that are not accounted for or alternatively you kept those working miners for yourself. |
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Lol
I love how catty this is getting.
I bet it's been killing clennell not posting on here. I want to know what his lawyers have to say, well and AMT's.
I'm just wondering how quickly a settlement will be reached, filing was just over two months ago, coming up here on a deadline for a response.
My guess, and it would only be that, is they used the delay to figure out the imet thing to present it to the courts, and licensed the tecnobit design as it a proven one. They show the court they have a miner performing to spec, or you know a viable product. That should clear the fraud charges but doesn't take care of the neglect and several other charges. The fraud charge would be the one I'd be looking most to beat as I think that could carry more damages if it were to go to trial. Then they would be in a better bargaining position in a settlement negotiation.
Timeline: Feb 02 - IMET starts producing miners for AMT - https://advancedminers.com/amt-starts-production-1-2th-miners/ (note: censored in their main website) Mar 16 - Bitmine reveals new 12 chip board design. Suspends shipment/ordering of all designs of more that 800 GH/s Mar ?? - AMT starts advertising 2.4 TH/s delivery by April 1st Apr 7 - AMT starts shipping kits without powersupplies Apr 18 - AMT sends IMET bad check after IMET delivers 300 boards. Apr 28 - Delaware County consumer affairs recommends contacting District Attorney Apr 30 - Class Action Lawsuit filled May 1 - AMT reveals Technobit based board May 7 - Bitmine reveals 2.4 Th/s system ( 1 month later than when AMT claims to have 2.4 TH/s miners shipping) May 8 - Technobit confirms license deal with AMT |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? Where did you come up with that number, just wondering. Well you didn't ship miners to a majority of folks on the list. So you have likely over 20 miners sitting somewhere. |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Neither does AMT is correct. Thank you clenell. just pointing out the obvious. It is obvious. How many miners do you have in-house? I think we need a full accounting of AMT's assets prior to a involuntary bankruptcy. |
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Sirminesalot - Does not mine a lot.
sad thing is... neither does AMT. Are you certain about that? Does AMT have bitcoin miner assets that they are not revealing? A total of 60 miners were delivered by IMET to AMT. Here is a an incomplete list: https://bitcointalk.org/index.php?topic=463922.0Which counts to 48 1.2 TH/s miners in the order list. 4 520 GH/s ... equivalent to 2-3 miners. 1 miner donated to Phin. 8 miners not accounted for in the list. Out of the 48 + 4 miners, how many were shipped and working? |
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at least if it was such a problem, why charge someone over and over again and leave them with nothing to show for it. And legally until figuring out the situation and all the moving parts involved and questioning if it was our own fault and a lot, we didnt feel need to mention this situation or effect their reputation. But when the hopped on the forum, and started all that nonsense, it was like.. really..
This is another reason for no one to go after that product. The legality of trying to buy them is dubious at best. Plus with the boards I received I'm not sure you want what they'd be selling, unless they are proven to be working.
Well technically they are our materials, and if you really wanted to buy the you could purchase them from us. But we wouldn't sell them to you, cause they have the wrong the values. Now if you get new caps, and a few other key components the extra is worth is it yes. How is it your materials when you haven't paid for them? In fact, how are the miners you shipped to customers even yours when you didn't pay IMET for them? |
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at least if it was such a problem, why charge someone over and over again and leave them with nothing to show for it. And legally until figuring out the situation and all the moving parts involved and questioning if it was our own fault and a lot, we didnt feel need to mention this situation or effect their reputation. But when the hopped on the forum, and started all that nonsense, it was like.. really..
This is another reason for no one to go after that product. The legality of trying to buy them is dubious at best. Plus with the boards I received I'm not sure you want what they'd be selling, unless they are proven to be working.
Well technically they are our materials, and if you really wanted to buy the you could purchase them from us. But we wouldn't sell them to you, cause they have the wrong the values. Now if you get new caps, and a few other key components the extra is worth is it yes. How is it your materials when you haven't paid for them? In fact, how are the miners you shipped to customers even yours when you didn't pay IMET for them? Did you sell stolen goods? And we're back to just deleted your posts cause your an investigative shmuck. Well, we would like to know who owns what. IMET says you didn't pay. Didn't pay for the items that they have or also for items that they already delivered? I want to know if we can acquire all those parts from IMET. Also... is it good practice to insult your customer? Look, I've tried to be reasonable here. * I asked you for a missing part (i.e. backplane) that you never delivered. * I asked you for A1 chips in lieu of a working system... you never agreed. * I asked you a refund of 6 BTC ... less than what I paid in USD... you never accepted. I am giving you every opportunity to get out of a bad deal, but you continue to refuse the offers. |
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I don't see how buying IMET boards would make any sense, the cards are very big, the power requirements are high. If they were more efficient boards I would surely be chasing IMET down for a bargain. Money is no problem for me to get (or use), but the deal have a good potential to get back the initial investment quickly and safely. I don't see the value, so as they say on shark tank, I'm out.
Also at IMET's production rate, or adjusted rate, and then re-adjust, and then rework cost, and the re-re-re-work cost, its not profitable. Lets just say almost a quarter of million went to IMET and we got through a third of the production before we walked way. Also just an FYI to everyone interested, the amount in question is 40k to 65K, (25k which was mysteriously added on the day that we decided to part way with IMET btw). Also, if they simply returned which they have remaining, it would more than fulfill the suggested remaining funds at question. The real question is how does the CEO of this very successful SMD company have time to write on a public forum and what are his intentions going forward. What is the username of this CEO of SMD? I would surely not entertain anything that was not 100% working. I don't know who's fault was what, but it looks too messy an inefficient to get involved in. I question why wasn't there QA testing by AMT before producing the boards? Maybe there was, I don't know... The email tkrol@imetcorporation.com - stands for Tom. And it was a 10-20% working type of situation. And in a nutshell, they were tested to a degree. Some worked and some didnt, some batches came out with a higher percentage and some didnt. It had to do with several factors that we've been figuring out over the last month since we left IMET. Maybe they have a solution to fixing a problem which in our opinion should never have existed. Or at least if it was such a problem, why charge someone over and over again and leave them with nothing to show for it. And legally until figuring out the situation and all the moving parts involved and questioning if it was our own fault or not, we didn't feel need to mention this situation or effect their reputation. But when the hopped on the forum, and started all that nonsense, it was like.. really.. Dude... you had a smear campaign against IMET long before they hopped onto this forum! Also, what's the excuse for sending a check from an account that was closed previously? How do you respond to that allegation? |
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I may have said the 10th, but according to others it's mid-month or the 16th. But even so, why is AMT waiting, why not just call the lawyer and spill the beans on what they are going to do for us now? I live in North NJ, about an hour and 15 from IMET. I am sure IMET is not just going to give me some free parts.
Call IMET and ask to buy some boards for cost. IMET might love to get some money out of this disaster. That actually might not be a terrible idea if we know the stuff works. The problem is its more money to piss away.....ROI and all that as has been stated. But not a terrible idea. Last resort situation.... As I understand it, cost for IMET are just the components minus the A1 asic chips. If that is the case and assuming they work as IMET has claimed, then it is certainly a deal. Go with that Carlos, hopefully it gets you somewhere. Wish you all the best of luck bud. Sad state of affairs when AMT is taunting its clients. Look dude, we are trying to make the best deal out of the horrid hand you dealt us. I'm just hoping that the manufacturer you screwed would be more than willing to get the junk you sent us working. Remember that junk you sent me? Yes, the stuff that did not include a back plane? Look dude, We know your upset, and empathize with your situation, but in all fairness we can treat you any more special than other clients. From day one you wanted a refund. You filed a complaint with Delaware consumer affairs for a refund. When we shipped you your miner, there was something wrong with etc. Same thing with (Mpark) who is a bit more rational these days, but he should be more pissed off than you because he tried to return his miner and couldn't even do that. Its a shitty hand we all got dealt, not just you. You feel that you have lost 6k, we feel that we have lost about 600k, maybe more than that. But we also feel we can and will turn this around. Your bickering on a daily basis and rallying people up doesn't help. And running to our suppliers/partners/associates and asking them questions wont help either, because they want us to succeed so we keep using their services. Carlos just calm down, we're posting an RMA procedure shortly, probably tomorrow. Explain to me how you lost 600k? You lost your customer's 600k! Your suppliers and partners are the key to us getting something that works. You shipped me busted and missing parts. You said months ago that you would ship missing parts. Never happened. So I have no recourse to ask your suppliers for assistance. Meanwhile, I suggest you quit this business and focus instead on how to pay what you owe us customers. |
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I don't see how buying IMET boards would make any sense, the cards are very big, the power requirements are high. If they were more efficient boards I would surely be chasing IMET down for a bargain. Money is no problem for me to get (or use), but the deal have a good potential to get back the initial investment quickly and safely. I don't see the value, so as they say on shark tank, I'm out.
Also at IMET's production rate, or adjusted rate, and then re-adjust, and then rework cost, and the re-re-re-work cost, its not profitable. Lets just say almost a quarter of million went to IMET and we got through a third of the production before we walked way. Also just an FYI to everyone interested, the amount in question is 40k to 65K, (25k which was mysteriously added on the day that we decided to part way with IMET btw). Also, if they simply returned our supplies, components, caps, etc, which they have remaining, it would more than fulfill the suggested remaining funds at question. Just the NXP and Linear parts alone equal to 30K+ some. The real question is how does the CEO of this very successful SMD company have time to write on a public forum and what are his intentions going forward. Wow! There indeed is a big business opportunity here! As I understand, IMET purchased the parts (includes capacitors, resistor, voltage regulators, etc) that AMT has yet to pay for. They are at a loss here. So, with 900 boards ordered, there at least 600 boards sitting in IMET's warehouse. How much of that are A1 asic chips? Let's say that 1/2 of the remaining are A1, then IMET is sitting on 12,000 A1 chips! Well the CEO of a SMD company goes on a public forum when you are defaming his company in public. |
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I may have said the 10th, but according to others it's mid-month or the 16th. But even so, why is AMT waiting, why not just call the lawyer and spill the beans on what they are going to do for us now? I live in North NJ, about an hour and 15 from IMET. I am sure IMET is not just going to give me some free parts.
Call IMET and ask to buy some boards for cost. IMET might love to get some money out of this disaster. That actually might not be a terrible idea if we know the stuff works. The problem is its more money to piss away.....ROI and all that as has been stated. But not a terrible idea. Last resort situation.... As I understand it, cost for IMET are just the components minus the A1 asic chips. If that is the case and assuming they work as IMET has claimed, then it is certainly a deal. Go with that Carlos, hopefully it gets you somewhere. Wish you all the best of luck bud. Sad state of affairs when AMT is taunting its clients. Look dude, we are trying to make the best deal out of the horrid hand you dealt us. I'm just hoping that the manufacturer you screwed would be more than willing to get the junk you sent us working. Remember that junk you sent me? Yes, the stuff that did not include a back plane? |
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There is no way AMT can make good on its promises and debt, I mean anyone enforcing the MPP alone is enough to bankrupt them. If you want to stop them from burning whatever money and assets they still have, /me thinks a hashfast style chapter 7 involuntary bankruptcy is the only way forward.
Exactly. That is what I keep telling folks. The MPP will bankrupt any company. |
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I'm actually very surprised they didn't move to freeze their assets. Or maybe they tried to initially and someone showed leniency, maybe this will have to be answered for by the 10th.
Actually not even sure where that date came from. Its the 16th. You should be able to call chimcles and confirm. They told me generally middle of the month. The 16th seems more in line with that. Someone else might want to call and confirm that though. ORDER THAT UPON CONSIDERATION OF DEFENDANTS' MOTION FOR EXTENSION OF TIME TO RESPOND TO COMPLAINT 9 , IT IS HEREBY ORDERED THAT THE MOTION IS GRANTED. IT IS FURTHER ORDERED THAT, ON OR BEFORE 6/16/2014, DEFENDANTS SHALL ANSWER OR OTHERWISE RESPOND TO PLAINTIFFS' COMPLAINT 1 AND PLAINTIFFS' MOTION TO CERTIFY CLASS 3 . SIGNED BY HONORABLE LEGROME D. DAVIS ON 4/30/14.4/30/14 ENTERED AND COPIES E-MAILED.(ti, ) (Entered: 04/30/2014) Backgound: Complaint 9: 9. Defendants’ improper and illegal business practices extend beyond just their failure to deliver Bitcoin Miners that have been paid for in full by the Class. In reaction to warranted consumer complaints, Defendants have demanded that members of the Class refrain from posting and warning other potential customers about Defendants’ failures, and threatened to withhold or further delay delivery of products or promised refunds to the members of the Class. Moreover, all indications are that Defendants’ operations are a sham, and, at minimum, Defendants lack the capability to meet the demand for the orders (and payments) they continue to accept. Complaint 1: 1. This is a class action lawsuit brought by Plaintiffs on behalf of themselves and a class of persons who purchased “Bitcoin Miners” from Defendants. Defendants hold themselves out to the public and Class as a manufacturer of Bitcoin Miners, which are machines that “mine” bitcoins. |
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