-

[Lab_Rat]

Distributions paid

Mined: BTC2.058433
Per Contract: BTC0.00001154
   
Bonus: BTC6.51259989
Bonus Per contract: BTC0.00003652

[1715156390]

1715156390

[1715156390]

1715156390

[1715156390]

1715156390

[smracer]

Distributions paid

Mined: BTC2.058433
Per Contract: BTC0.00001154
   
Bonus: BTC6.51259989
Bonus Per contract: BTC0.00003652

With 137Th you should have made ~ 17.66 BTC this week. You paid out  8.56 BTC leaving 9.1 BTC for management fees, power, etc.

At this rate, after a few more difficulty increases, there won't be anything left for distributions.

You should take the 300-400BTC you are getting back from BFL and either pay it out as distributions or buy 500-700 Antminer S3+'s.

[fractal02]

With 137Th you should have made ~ 17.66 BTC this week. You paid out  8.56 BTC leaving 9.1 BTC for management fees, power, etc.

Wasn't 25% expense at start ?
Cause...yeah numbers don't run here...

17 BTC * 0.75 = 12.75BTC and not ~ 8.57BTC

Is the BFL refund go to new Gear only for LRM or maybe we will see some of the HASH in our futur div's ? (because 6.51BTC is like, for this week, the result of 50 TH/s and not 120 TH/s...).

I know you have expense but it's looking far superior from 25%...

[tempestb]

I assume there is no BFL refund.  It was either never made, or it was spent on something else.

[Endlessa]

Thank you Endlessa for all the documents and search you made.

I'm going to read all this stuff.

NP I just think it's fair that everybody have a chance to understand what's going on.  At least the public records part, since neither of the parties can talk about it, for obvious reasons.  The links were ones I mostly made while I read through it the first time so I could parse the document within some kind of legal context.  If anybody has better ones, please share with the class

What did these cost you?  I'll chip a couple of mBTC if you want to post an address....



grnbrg.

was a 10 dollar deposit of which it took 3 dollars to get these out. . .no worries I'll just go hungry one breakfast this week  hahaha jk it's all good.  I just did it for myself regardless and figure since it's public domain and people asked I should share

[grnbrg]

was a 10 dollar deposit of which it took 3 dollars to get these out. . .no worries I'll just go hungry one breakfast this week  hahaha jk it's all good.  I just did it for myself regardless and figure since it's public domain and people asked I should share

Ah, cool.  I would have guessed $10 per document, or something like that.    Because lawyers.

Thanks for sharing.



grnbrg.

[btcrealm]

Thank you Endlessa for all the documents and search you made.

I'm going to read all this stuff.

NP I just think it's fair that everybody have a chance to understand what's going on.  At least the public records part, since neither of the parties can talk about it, for obvious reasons.  The links were ones I mostly made while I read through it the first time so I could parse the document within some kind of legal context.  If anybody has better ones, please share with the class

What did these cost you?  I'll chip a couple of mBTC if you want to post an address....



grnbrg.

was a 10 dollar deposit of which it took 3 dollars to get these out. . .no worries I'll just go hungry one breakfast this week  hahaha jk it's all good.  I just did it for myself regardless and figure since it's public domain and people asked I should share

Yes, thank you Endlessa!  I agree with grnbrg on this.

[Lab_Rat]

AntMiner and Spondoolies have similarly priced hardware at similar power cons so I've looked into both as they both have Oct delivery dates as of this time.

To any conspiracy theorists out there claiming I have blown the BFL refund or it doesn't exist, please remove yourself from these forums and go bother someone else.  It was guaranteed by the end of the month but I'll be bugging them for it tomorrow as the sooner the better.  I also feel that they are going to try to royally screw us on the BTC rate so I may have to go after them on this.

[Lab_Rat]

Thank you Endlessa for all the documents and search you made.

I'm going to read all this stuff.

NP I just think it's fair that everybody have a chance to understand what's going on.  At least the public records part, since neither of the parties can talk about it, for obvious reasons.  The links were ones I mostly made while I read through it the first time so I could parse the document within some kind of legal context.  If anybody has better ones, please share with the class

What did these cost you?  I'll chip a couple of mBTC if you want to post an address....



grnbrg.

was a 10 dollar deposit of which it took 3 dollars to get these out. . .no worries I'll just go hungry one breakfast this week  hahaha jk it's all good.  I just did it for myself regardless and figure since it's public domain and people asked I should share

Yes, thank you Endlessa!  I agree with grnbrg on this.

My lawyers had copies of the docs shortly after it was filed, but I had no opportunity to see them until about an hour after they were posted publicly.  Nothing to hide from or be surprised by in those docs.

[countduckula]

Funny, you're angry now because people talk and we're angry because you don't.

What about you explain things in a much more often and in detail first, from your comment about not reading the lawsuit just shows how much you care about this bussiness.

AntMiner and Spondoolies have similarly priced hardware at similar power cons so I've looked into both as they both have Oct delivery dates as of this time.

To any conspiracy theorists out there claiming I have blown the BFL refund or it doesn't exist, please remove yourself from these forums and go bother someone else.  It was guaranteed by the end of the month but I'll be bugging them for it tomorrow as the sooner the better.  I also feel that they are going to try to royally screw us on the BTC rate so I may have to go after them on this.

[Lab_Rat]

Funny, you're angry now because people talk and we're angry because you don't.

What about you explain things in a much more often and in detail first, from your comment about not reading the lawsuit just shows how much you care about this bussiness.

AntMiner and Spondoolies have similarly priced hardware at similar power cons so I've looked into both as they both have Oct delivery dates as of this time.

To any conspiracy theorists out there claiming I have blown the BFL refund or it doesn't exist, please remove yourself from these forums and go bother someone else.  It was guaranteed by the end of the month but I'll be bugging them for it tomorrow as the sooner the better.  I also feel that they are going to try to royally screw us on the BTC rate so I may have to go after them on this.

It's not that I didn't read it, it's that I didn't even get served that document before you guys got ahold of it.  I just got it Saturday myself.....

[electerium]

So the bonus distributions are now going to LRM's lawyer to defend against this suit?

How hilarious.

[runam0k]

So the bonus distributions are now going to LRM's lawyer to defend against this suit?

How hilarious.

The icing on the cake would be if Lab_Rat hired the same lawyer that dreamed up the whole bona-fide-shares-of-the-company-swapped-for-fixed-contracts-and-occasional-bonuses coercion switcheroo.

Lab_Rat, for our amusement, is it the same lawyer?  Doubtless paid by us in the first instance (i.e. to re-work our contracts and strip our rights away) and now being paid by us to fight a suit based on the first piece of work.  I believe they call that double-dipping.

[Lab_Rat]

So the bonus distributions are now going to LRM's lawyer to defend against this suit?

How hilarious.

The icing on the cake would be if Lab_Rat hired the same lawyer that dreamed up the whole bona-fide-shares-of-the-company-swapped-for-fixed-contracts-and-occasional-bonuses coercion switcheroo.

Lab_Rat, for our amusement, is it the same lawyer?  Doubtless paid by us in the first instance (i.e. to re-work our contracts and strip our rights away) and now being paid by us to fight a suit based on the first piece of work.  I believe they call that double-dipping.

I don't appreciate the tone applied to this message, but I'll answer it anyway.  He is one of 3 Lawyers working on this issue as of right now.  The other 2 were secured after this suit was brought upon the company.

[Jolest]

....
Took me a couple of days to find the time and a site that didn't try to compress the images (they are apparently scanned documents), but here they are.  
....

Also many thanks for this.  I would also like to toss you a few mBTC for your trouble and time.  Please create a wallet we can donate to.

Labrat, could you please post your legal response here after you send it to the court and the plaintiff's counsel?

[mOomOo]

I don't appreciate the tone applied to this message, but I'll answer it anyway.  He is one of 3 Lawyers working on this issue as of right now.  The other 2 were secured after this suit was brought upon the company.

The reason you are in this mess (according to my own opinion) is due to your excellent communication during the sale of your contracts and giving off the feeling that you were going to be open and honest with all future dealings.  Then after you had all of our money/bitcoins we were left significantly in the dark for extended periods of time and when you did communicate there was very little transparency to help gain back any trust.  
With significantly less returns than anticipated.  At this point it is extremely hard to see how contract holders can get anywhere close to breaking even let alone make any sort of profit.  The only way I could see your redeeming yourself is to start providing details on everything (honest generation, outgoing expenses (laywer fee's?), incoming hardware, how much you are paying yourself, etc), you chose to make your "company" public by getting the public to fund it remember...

Regardless, my offer still stands as per when you forced the new contracts onto everyone.  I'm happy to walk away with you paying me back the balance of the bitcoins that I paid for the initial contracts.  You can think of it as an interest free loan that lasted for more than a year!

[runam0k]

I don't appreciate the tone applied to this message, but I'll answer it anyway.  He is one of 3 Lawyers working on this issue as of right now.  The other 2 were secured after this suit was brought upon the company.

I don't suppose you do.

Are all three lawyers at the same law firm?

I don't know whether your lawyer(s) told you this, but the case against you is a good one (and the filing ever so predictable).  It almost makes me wonder whether instructing another law firm entirely to sue the first lawyer for the initial advice you received might be the better bet.  I'm only half joking.

[grnbrg]

I don't appreciate the tone applied to this message, but I'll answer it anyway.  He is one of 3 Lawyers working on this issue as of right now.  The other 2 were secured after this suit was brought upon the company.

I don't suppose you do.

Are all three lawyers at the same law firm?

Not being a legal expert, and knowing nothing whatsoever about the suit in question....

<speculation>I'd guess at least one is a Florida-based attorney.  LR's guy will be a member of the NJ bar, ineligible (or at least inadvisable) to represent LRM in a Florida court.</speculation>

My 0.02 mBTC...



grnbrg.

[runam0k]

<speculation>I'd guess at least one is a Florida-based attorney.  LR's guy will be a member of the NJ bar, ineligible (or at least inadvisable) to represent LRM in a Florida court.</speculation>

Good point.

[Lab_Rat]

I don't appreciate the tone applied to this message, but I'll answer it anyway.  He is one of 3 Lawyers working on this issue as of right now.  The other 2 were secured after this suit was brought upon the company.

I don't suppose you do.

Are all three lawyers at the same law firm?

Not being a legal expert, and knowing nothing whatsoever about the suit in question....

<speculation>I'd guess at least one is a Florida-based attorney.  LR's guy will be a member of the NJ bar, ineligible (or at least inadvisable) to represent LRM in a Florida court.</speculation>

My 0.02 mBTC...



grnbrg.

Not quite true.  I can't quite comment on a few things this pertains to, but (at least) one of the new ones are members of the NJ  AND  FL alike.  Also the 2 new ones are from a different firm.