So you do object?  Quoted from above: And Goat: I have no problem with you posting the confirmation from CoinTerra after you get confirmation from the WA datacenter that the units there were never online. I'm all for transparency.
I have registered multiple corporations to contain Cognitive in years past. I am trying to reason with Goat right now, explaining exactly what has happened. Please bear in mind that I am one of the few asset issuers who didn't simply run away at first chance. If I had ill intentions, I would have executed them already and I would not stick around to make things right. Gigavps and I are the only two who have stuck it through since GLBSE, and I'd really rather give management to another person than see Cognitive come to an end. I've done my best running the asset and I will continue to do so. Goat, as someone who I have always viewed as an ally, I challenge you to wait until Friday then make a judgement and tell everyone what you think should be done at that point. Best, Garrett |
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Garr can you fully address the bellow post? Of course. The contract states that Garrett pays for hosting with personal funds / returns of his shares. There is no reason to use the cog fund for that. Furthermore, you have to indicate how much more Cognitive "owes" you, Garrett. http://blockchain.info/tx/bef938f3f73e393cc1ffa299bef575e0ffe1ad377dd976a93397907473f2892cAnother 3.5389 btc to your personal address? You said 2 weeks ago you had refunded the "loan" you gave Cognitive. How much more will you drain the fund? What worth is your promise to give back your divs of the month if you send half of the coins your personal address before sending the divs... "Buffer payback and reserve deposit. 0.9 btc unconfirmed and will be sent upon confirmation." What does that mean? Another 0.9 btc going into your pockets? You don't need a buffer to pay divs. One weekly transaction sending all balance from the mining addresses split evenly to the havelock deposit and 1coggh fund is sufficient. On arrival in the havelock deposit, you issue the dividend and everybody can see the div equals this amount. Also, explain http://blockchain.info/tx/545bfb8711fe8fe5773f34e6cf073b79d620c2dcef6e4eabff6fc7be94b52935Is that what the reinvestment fund collected from August - Februari? Hi there, Regarding paying for hosting with my own funds, this is simply no longer feasible so I will raise a motion to use Cog funds to pay for hosting from here forward. What I have been doing here has been explained in the past. I have personal funds in Havelock which I have been using as a buffer to pay dividends, then I would pay the equivalent amount back to my public address. The reason for this is speed. Why wait for a transaction to confirm before dividends when you don't have to? Well the answer to that, as we have found is simple: It confuses people and causes doubt. Therefore, I will not do this any longer. Dividends will go straight from the 1cog address to Havelock then to shareholders. http://blockchain.info/tx/545bfb8711fe8fe5773f34e6cf073b79d620c2dcef6e4eabff6fc7be94b52935 - Correct, August to Feb minus the CoinTerra units and other expenses which will be specified in our financial report when it comes. I hope that clears everything up. If not, please ask more specific questions. Best, Garret |
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And I've got tracking numbers for six more boxes.
They were at the original datacenter (who never brought them online) in Eastern Washington and are now being sent to Montana, then will be forwarded by me to Canada (because the datacenter who also failed to bring the units online refused to ship internationally, go figure.)
The units are all on schedule to be online before Friday March 28th as promised.
And Goat: I have no problem with you posting the confirmation from CoinTerra after you get confirmation from the WA datacenter that the units there were never online. I'm all for transparency.
Tracking numbers of said units:
J231 967 323 3
J231 967 338 6
J231 967 335 9
J231 967 336 8
J231 967 337 7
J231 967 324 2
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i have data from cointerra directly from ravi about the units. Garr has not been honest.... shock...
Can we get some more detail on this? How is the voting looking? Much of a turnout yet?
Most people voting NO along with some comments saying thanks for turning things around and good work, so that's great! Garret, how do you plan on proving the outcome of the votes? Do we just have to take your word and blind faith that you are being honest this time? I am going to email the SHA-256 hashes of the emails and their accompanying votes, so this way you will be able to verify your own vote was counted while not compromising the email addresses of all other shareholders. (A good tool for this is here) |
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[...]all you did was send out an email.
Ha. It is going to take quite a bit more effort than that. |
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How is the voting looking? Much of a turnout yet?
Most people voting NO along with some comments saying thanks for turning things around and good work, so that's great! |
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Thanks for your positive outlook snowdropfore, we appreciate it and will be working 20 hours a day to get everything running smooth again.
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if it involves hashfast...............
I'm speaking in terms of getting hashpower online, sans Hashfast. |
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what is wrong with the CT miner?? does it not work or something else?? can we get the machine back to cointerra and ask for the refund??
Faulty units are en route to CT now and new ones will be shipped ASAP. why not post this in your first post or your email? that some positive information..... I apologize for leaving that out. I'm handling a ton right now, you can expect more good news as the week carries on. |
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I haven't received an email
Check your spam box please, mass email from domains that don't commonly mass email are often marked as spam. |
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what is wrong with the CT miner?? does it not work or something else?? can we get the machine back to cointerra and ask for the refund??
Faulty units are en route to CT now and new ones will be shipped ASAP. |
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The hosting for these units was going to be piggybacking on a larger hardware order from hashfast that ineededausername and I coordinated. The 1 megawatt facility hasn't been paid for yet because the hardware hasn't arrived, therefore we are not able to piggyback on this other order's facility and are scrambling for another. It is my fault for not preparing a plan B, and it is Hashfast's fault for not delivering in November when they were supposed to, and instead of saying how much longer it will actually take, followed the BFL model and kept saying "A little longer".
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you have 7 days boy. I suggest cognitive raises a motion to use part of reinvestment fund to seek legal action against the management personal of this fund. this will be used if you fail to put your words into action, once again.
I would suggest an amount get transferred away from managements hands now and held with a trust worthy forum escrow, in case the sittuation arises the shareholders need to seek legal action.
Doe garr agree?
Legal action will not be productive in this case, we should see what happens in the next seven days. I'm happy to go so far as resign and hand this off to someone deemed more capable if this does not work out; that is my confidence level here. |
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can we as shareholders have transcripts of your conversations with cointerra regarding our faulty machines and our compensation?
Yes, use this post as my approval and feel free to ask them for their records. |
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garr, how do you feel about your relationship with cointerra?
how do you feel about your incompetence letting your shareholders down?
how do you feel about all this hatred toward you?
I know this hatred is here because of things that went wrong but were ultimately in my own control. I am going to work my ass off to make things right. My relationship with Ravi (CoinTerra CEO) is great, he wants Cognitive to succeed and has agreed he'd like to keep making deals with us for the long run. |
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i vote no and no just to keep garr as a worker slave  you will make this right, you will devote all your precious time to it, or you will be held accountable for your actions or lack of..... garr ,do your best, and i think you will make a good choice
Well thanks for your faith in this operation guys, I am going to make things right. |
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I am going to do my best to remedy this downtime, and forfeit my
dividends for all of April, and forward these proceeds to shareholders.
You are due cognative a lot more than just your April dividends. If we got all hardware online for april i would say you would need to forfiet around 130% of the divs to make up for lost revenue this month. How do we as shareholders know that the votes are handled correctly, how do we know you won't just publish the answer you prefer? People will be able to collaborate here, and if the totals don't make sense it will be obvious. The first vote that came in was a Motion: NO Liquidate: NO |
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where is the motion?
Read the email thoroughly please. You missed out answering the part where i ask you if you are for real ? Yes this is correct. |
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I don't know how feasible it would be for Garr, but maybe he could pay his investors the equivalent they would have earned in a hypothetical situation with no fuckups on Garr's part.
I am going to come as close to doing this as I can. |
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where is the motion?
Read the email thoroughly please. |
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