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1  Bitcoin / Hardware / Re: New Official AMT Thread on: May 11, 2014, 02:19:36 AM
Hi,

I am concerned client of AMT. I have no direct affiliation with the company, although I live close enough to the office and can get updates on the situation. I have created a new thread.

https://bitcointalk.org/index.php?topic=603863.0

Maybe together as clients, we can resolve the situation without the need for direct communication from AMT itself. Maybe for what ever legal reasons, AMT is being urged to not resolve problems publicly and therefore cannot get to a resolution. As clients working together, maybe we can discuss the possibilities and act accordingly.




Thanks for the offer, have you gone to their office by any chance and did you find anyone to talk to? Will post this on your thread as well as this thread looks dead.

I have been to their office and I have spoken with management, and I believe I can enlighten this group as to what's going on.

https://bitcointalk.org/index.php?topic=603863.0


Interesting question though. If you were at their office, they did say they moved. Whats the new address? Its not on their site...for those of us for RMA's it would be useful.

It was their office:  the one located at 355 Lancaster Ave, Bldg E1, haverford, pa, 19041
2  Bitcoin / Hardware / Re: Clients Thread of AMT on: May 11, 2014, 02:05:29 AM
OK Mr Swim, #333 who has come here to help enlighten us, I'll play along. Wink

Did they say they were still going forward with the offers, did they say if E-mails were still going to be sent out explaining the choices and time lines for each option, and what future compensation we can expect.

I would really like to support AMT but you, I mean they keep making it harder and harder.

PS. did you use to post as RWMAX? that guy really pissed me off



I've never posted on this forum until today.

They said they are dealing with clients on individual basis, that clients need to email them with their preference to what offer they'd like to participate in or for more information in general about the offers in general, and that they'll respond within 24 hours. I cannot recall if they are going ahead with any specific option, all of them or none of them. As a client, I can say that I hope AMT goes through with all of the above options though.

I am client of AMT, my name is Mr. Swim, order #333

Why doesn't AMT just email everyone requesting a change in their order?



In my opinion, and I am not a lawyer, but that could interfere with settling as a class, and can some how be construed as illegal. It could also cause plaintiff's council to cause more problems for AMT's day to day operations. The best course of action would be to email AMT directly and try and discuss options with them. But I am only a client of AMT.

I am client of AMT, my name is Mr. Swim, order #333
3  Bitcoin / Hardware / Re: Clients Thread of AMT on: May 11, 2014, 01:45:06 AM
OK Mr Swim, #333 who has come here to help enlighten us, I'll play along. Wink

Did they say they were still going forward with the offers, did they say if E-mails were still going to be sent out explaining the choices and time lines for each option, and what future compensation we can expect.

I would really like to support AMT but you, I mean they keep making it harder and harder.

PS. did you use to post as RWMAX? that guy really pissed me off



I've never posted on this forum until today.

They said they are dealing with clients on individual basis, that clients need to email them with their preference to what offer they'd like to participate in or for more information in general about the offers in general, and that they'll respond within 24 hours. I cannot recall if they are going ahead with any specific option, all of them or none of them. As a client, I can say that I hope AMT goes through with all of the above options though.

I am client of AMT, my name is Mr. Swim, order #333
4  Bitcoin / Hardware / Re: Clients Thread of AMT on: May 11, 2014, 01:30:53 AM
On Friday, I was at at the office and I spoke with jim about the solutions they planned to offer their clients. I overheard some talk about being silenced and how if the offered those solutions via their website as planned, they would be acting illegally and therefore could not do it.

<snip>
And that is the problem I have with class-actions. Those customers who are still willing to work with the defendant to resolve their complaints become shut out from the process.

Well, the class action is the process.  

Maybe you don't realize this,  but AMT has only responded to complaints when legal force was levered on them.

There are a lot of customers here that asking about their shipment.  They haven't even realized that there was a class action lawsuit that was created a month ago.  

Not everyone is willing to be as patient with the likes of AMT, as you are.

Why you'd be willing to continue to take AMT's word and do business with them, seems bizarre to me. Let's get refunds and move on.

Not sure why their legal council hasn't given AMT that advice (REFUND EVERYONE).

Like I mentioned in the other thread I spoke to a friend of mine who handles corporate law...sometimes class actions. He speculated based on what I showed him alot of the same stuff. They would be forced into silence to further avoid incriminating themselves. That much is pretty standard apparently. But the settlement and resolution is another matter entirely. We still don't know anything about that. I agree with what you are saying tho. Not taking them at their word. But at this point does not seem like there is going to be any more word to take them at for a while. I think tho the refund or compensation route is the way they going. Only logical conclusion on this.


That's right. Companies can be silenced and it does effect/get in the way of helping to resolve the issue at hand while there is still is time to resolve the issue, rather waiting weeks and weeks for lawyers to figure out how to get nothing from a company which seems to be pretty much under water.

I also overheard that there were major manufacturer problems. That the company in Southampton Pa, IMET technologies was the one to blame. That the company was given the design from bitmine and agreed to produce the miner based on bitmine's design specifications. That IMET ordered all the boards/components  for this production and seemed to overcharge AMT out the ass and didn't act correctly. AMT being more of middle men/salesmen trusted IMET to get the job done. Later AMT found out IMET used components from unreliable vendors, and that IMET tried to collect a larger margin on quick turn board pricing by ordering over 900 boards when their production capacity was less than 30 boards per day, completely eliminating the need for 900 boards to be ordered quick turn in the beginning. Also there seems to be a problem with the board itself that IMET ordered the wrong board specifications and that's why there are several problems to this day.

Also there were other problems there from manufacturers side, and AMT seemed to be up in arms about all of it. Again this was all from a conversation I overheard while sitting in their waiting room. The conversation went on to issues about how the manufacturer is currently holding the remainder of their components that were purchased for the production, that the boards themselves have an issue with them, and that they felt there was nothing they could do because IMET kept on increasing the bill over and over trying charge them ridiculous amounts for production, and then again to fix broken boards as well. That the bill was over 270K or higher, of which the majority had been paid, but IMET kept increasing the bill despite the bad production. and the amount of broken/non working boards has passed the 250 range and they are currently being held by AMT until they can figure out another solution for them.

But overall it seems AMT hired a manufacturer located in Southampton, who ordered the wrong components and overcharged the crap out of them, it seems they are holding the remainder of their components hostage for final payment.

Again - this is hearsay - and I am client of AMT. My name is Mr. Swim, my order # is 333.

5  Bitcoin / Hardware / Re: Clients Thread of AMT on: May 11, 2014, 01:11:10 AM
Do you happen to know why they had even chosen to reply to people in a forum and not directly to their customers via email? I have an order with 2 1.2th miners. Gee if they even send me some competitor's hardware which is cheaper now id be happy.

A forum is a public arena, it seems that here they get a better understand of who's order is what and who's order they can fulfill directly without offering up settlement options via their website. It seems that if they were to email all their clients (some in the class action) then again it would result in a problem, because again that would be settling outside of the class which the other lawyers don't seem to like.  Sad  <-  Frowny face.

I am only a client of AMT, but my suggestion is to email AMT with what you'd propose as a form of settlement for your order, from the above options which I overheard while sitting in their office.

Again - my name is Mr. Swim, my order # is 333.


6  Bitcoin / Hardware / Re: Clients Thread of AMT on: May 10, 2014, 10:41:55 PM
On Friday, I was at at the office and I spoke with jim about the solutions they planned to offer their clients. I overheard some talk about being silenced and how if the offered those solutions via their website as planned, they would be acting illegally and therefore could not do it.

Those options were as I remember:

To receive a miner immediately, shipped either from Bitmine ( if in europe ) or from a factory in China which has already started producing their miners as of last week.

To receive of a miner via a hosted solution which will be operating as of the 20th of this month.

To receive a miner created  locally, by a manufacturer here around Philadelphia, and the design is based on technobit's design, because AMT purchased the license from tecnobit a few weeks ago.

And the last as to receive a refund option, payment monthly for a period of 6 months.

7  Bitcoin / Hardware / Re: Clients Thread of AMT on: May 10, 2014, 10:28:11 PM
Based on the update AMT has posted, it is safe to say that they feel they should not speak directly on this thread.

https://bitcointalk.org/index.php?topic=569769.new#new

It's also safe to assume that the plaintiff's attorney's are following this forum, and are considering any attempt to resolve this situation without them, illegal and may act on this, and try to stop or halt AMT's business operations all together because of it. Otherwise I don't any other  reason as to why AMT would not follow through with the updates mentioned.

My name is Mr. Swim, and my order number is #333.

8  Bitcoin / Hardware / Clients Thread of AMT on: May 10, 2014, 10:12:49 PM
This is an open thread, to discuss AMT Miners, also known as Advanced Mining Technologies inc which has been created by me, i am a concerned client of AMT, and I plan to take an initiative in helping to get the to the bottom of the current situation.

My name is: Mr. Swim
My order number is: #333
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