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The site is at this address: https://lsm-labs.com
They have listed:
Pandora
3 TH/s ASIC Miner
$7,199 USD
Delivery by 21st May 2014
As well as other machines.
They seem cheap and the delivery time looks very early - this prompted me to put up a few red flags in another post, which has been moved to this thread.
1) Their domain name is cloaked.
2) They said they will process BTC payments through a 3rd party Escrow (VC-Escrow.com), they too have their domain cloaked.
3) The address seems generic - but this not unusual.
4) LSM Labs Limited, a company incorporated under the laws of the British Virgin Islands (“LSMLabs”), how is this different from other companies, what recourse do mining facilities have for refunds with such a company?
5) There were stock images of two members of the team but these have since been removed. And it seems it was done by the website designer.
I did write to the website and received an email response but I am not sure it was a friendly one. I invite staff of LSM Labs to respond to this message and explain why we haven't heard of this company before? Where is the Reddit and Bitcointalk promotion?
Are LSM Labs going to tell us what assurances mining companies have that their products will be delivered?
Does anyone have any experience with this company and if so was it a positive one???
