LEGAL COURSE of ACTION Discussion --- bASIC / BitcoinASIC

[SolarSilver]

Anyway, it's a little bit promising that your order number is somewhat low.

Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

[||bit]

Anyway, it's a little bit promising that your order number is somewhat low.

Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

That's about what I thought. But didn't realize you were in the top 30. Anyway, my perspective was that maybe it means Tom started from an end of the list (among the first) and is working his way down the list like a plan. However, I haven't heard anyone else claiming to receive a refunds lately. Then again, I haven't been paying close attention this weekend.

||bit

[||bit]

Anyway, it's a little bit promising that your order number is somewhat low.

Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

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[Gabit]

Anyway, it's a little bit promising that your order number is somewhat low.

Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?||bit

Because they (he?) is playing for time, so by the time we morons are woken up to the fact that they are not going to refund even most victims, they are long gone and tracks are cold. With all probability they (Tom, Dave whoever) are not even who they say they are. They are just stolen some poor bastards identity, and fucking us around.

[||bit]

Anyway, it's a little bit promising that your order number is somewhat low.

Actually the fact that my order number was somewhat low (one of the first 30 ordered units) is not promising, it just means I was on one of the top spots of the list... far more people below me, still waiting for a BTC refund...

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?||bit

Because they (he?) is playing for time, so by the time we morons are woken up to the fact that they are not going to refund even most victims, they are long gone and tracks are cold. With all probability they (Tom, Dave whoever) are not even who they say they are. They are just stolen some poor bastards identity, and fucking us around.

Possible, but I don't think so. If it were true, they would not likely have refunded anyone. I think the images and addresses used by Tom were real. Even his vehicle license plate number which we know from photos The only question is, when/if to start legal action. Many seem ready. Already at least 80% of polled people owed are ready to do something if asked to cooperate.

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[repentance]

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

Tom's claim of "thousands" of refunds still to be processed is dubious (it may have been thousands including the CC refunds which were already processed by Dave).

Dave's post of 27 January is probably more accurate.

Remaining:
136 BTC order refunds
106 BTC order refunds (already sent to Tom for payment)

I will now move into reconciling the BTC payments made already and then create a master list of BTC refunds that I will give to Tom.  I plan to provide him with the USD value of the order and BTC payment address - it will be up to Tom to decide what exchange rate to convert these to.

In Dave's final post on Tom's forum on 2 February, he said that about 40 people hadn't responded to requests for a Bitcoin payment address.

[hardcore-fs]

Ahhh. even more "get rich quick" schemes.

Read the prospectus very clearly, even an absolute beginner can see the massive holes in it.


Tom was a scammer.
He has been reported as such and I believe actions are being taken to close current and any future "credit card"  processing opportunities.
The rat is soon to find his Maze is very much reduced in Size.

[BasementMiner!]

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

Tom's claim of "thousands" of refunds still to be processed is dubious (it may have been thousands including the CC refunds which were already processed by Dave).

Dave's post of 27 January is probably more accurate.

Remaining:
136 BTC order refunds
106 BTC order refunds (already sent to Tom for payment)

I will now move into reconciling the BTC payments made already and then create a master list of BTC refunds that I will give to Tom.  I plan to provide him with the USD value of the order and BTC payment address - it will be up to Tom to decide what exchange rate to convert these to.

In Dave's final post on Tom's forum on 2 February, he said that about 40 people hadn't responded to requests for a Bitcoin payment address.

Wrong, 40 people weren't notified of a request. I was one.

There was no email in my inbox; a ignorant buyer could have easily had forgotten and not gotten a refund.

[sveetsnelda]

Wrong, 40 people weren't notified of a request. I was one.

Same.  I was watching for it and never received one.  I sent the email regardless.

[||bit]

On second thought, this may not be very hopeful at all. If he is starting at the top and you're order was maybe 30(max 200 something) from the first preorder, that would seem too indicate Tom has only just begun with the refunds. He said there were "thousands" to do...so why did it take this long to get so few down the list?

||bit

Tom's claim of "thousands" of refunds still to be processed is dubious (it may have been thousands including the CC refunds which were already processed by Dave).

Dave's post of 27 January is probably more accurate.

Remaining:
136 BTC order refunds
106 BTC order refunds (already sent to Tom for payment)

I will now move into reconciling the BTC payments made already and then create a master list of BTC refunds that I will give to Tom.  I plan to provide him with the USD value of the order and BTC payment address - it will be up to Tom to decide what exchange rate to convert these to.

In Dave's final post on Tom's forum on 2 February, he said that about 40 people hadn't responded to requests for a Bitcoin payment address.

Wrong, 40 people weren't notified of a request. I was one.

There was no email in my inbox; a ignorant buyer could have easily had forgotten and not gotten a refund.

No email received here either. However, I logged into the account on the website and saw a note there from late January. The note said to respond to the email message with a payment address. But there was no email, and the message in the account didn't include an email address to send a btc payment address to... so, I simply emailed him using the email address Dave said was the best he knew about.

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[||bit]

I wonder if it would be worth seeking justification to search his records or accounts if we take him to court. B/c if this was more than a business fiasco, then he needs to be taken down completely by the legal system. No sense in letting him get away to rob again, if that is indeed what he intended. And if he did, then lock him up, liquidate his assets, and redistribute to the victims.

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[||bit]

Wrong, 40 people weren't notified of a request. I was one.

Same.  I was watching for it and never received one.  I sent the email regardless.

Same here.

[RaTTuS]

still waiting 

[dust]

No email received here either. However, I logged into the account on the website and saw a note there from late January. The note said to respond to the email message with a payment address. But there was no email, and the message in the account didn't include an email address to send a btc payment address to... so, I simply emailed him using the email address Dave said was the best he knew about.

||bit

Same here.  I provided all of my order information and and refund address in a Jan. 12 email, then the status changed to "Payment address Requested" in late January.  I added btcfpga@gmail.com to the 3 emails I was sending the request to and resent it.  I wish there was a way we could confirm we are on the list.

[creativex]

I also received no email. I noted that status had changed to "address requested" and sent that information on my own initiative. Communication was dreadful and if you didn't check status of your account you could have been excluded from the refund list entirely.

[jjshabadoo]

I am baffled as to why he would run with the coins considering the massive uptick in price?

If he indeed did not convert them to USD, it seems he would easily have funds to pay back everyone and still profit from some basic arbitrage.

I see people want their 20,30,etc. BTC, but he could make a case easily to state he offered the product pricing in "USD" and merely "accepted" bitcoins as a payment option at current conversion rates at time of sale.

This would satisfy any court in the world and it seems he could settle all and still make out.

I don't know if this helps anyone's pain, but I did get a credit card refund and since I'm currently getting a divorce and stuck with my own debts, that refund has made a pretty crappy situation much easier than losing nearly $27,000.

For the record, I initiated my refund last November.

So...at least you're not getting a divorce with young children to think about.

Bets of luck to everyone here, I hope you guys get your money back.

[creativex]

So...at least you're not getting a divorce with young children to think about.

Been there. Sucked.

Best of luck to you sir.

[jjshabadoo]

Thanks.

[PulsedMedia]

didn't have time to properly read, but i'm interested.
Purchased using bitcoin, one of the first preorders, just down single BASIC01 worth fortunately

[Mobius]

I need a count of people who are ready to take legal action to recover their BTC purchases.
If your ready to take action, PM me, (DO NOT POST in this forum)
I need a count to give to the NY Lawyer I have working on this.