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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 878360 times)
stan258
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July 07, 2014, 01:45:20 AM
 #10001

I wonder how much of the inventory of chips is not paid for. Uniquify is on the comity so my guess is alot.
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pmorici
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July 07, 2014, 02:07:47 AM
Last edit: July 07, 2014, 02:30:08 AM by pmorici
 #10002

The creditor's meeting is where representatives of the company will be questioned under oath.
I'm sure that you have a really good list of questions ready. I just hope it not to yet be another farse like the last one. Will we have a copy of their answers?
I recommend to crowd source a list of questions here, for the committee to draw from.

pm to pmorici

    Certainly if anyone does have information/questions that they think would be helpful you can send it to me and I will pass it on to the lawyer representing the creditors.

    As creditors we have a very capable lawyer/firm representing all of us collectively now who is going to have a good chunk of time to question whomever shows up.
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July 07, 2014, 02:58:29 AM
 #10003

Received a new letter from the U.S. Bankruptcy Court today:

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ORDER FOR RELIEF
An order for relief under chapter 11 of the United States Bankruptcy Code is hereby entered in the case of In re HashFast Technologies LLC, Case No. 14-30725, effective as of June 4, 2014.
*END OF ORDER*

This notice is proposing a merging with 14-30866 against the Delaware LLC. 
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July 07, 2014, 05:00:02 AM
 #10004

My question:  

"What citizenships does Eddie hold, and has somebody confiscated his passports yet?"

Oh, and:

"What's the real deal on HF's relationship with the porno crowd?"

I'm sure neither is actually possible to ask and that the questions need to be directly pertinent to the bankruptcy process....
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July 07, 2014, 07:12:51 AM
 #10005

My question:  

"What citizenships does Eddie hold, and has somebody confiscated his passports yet?"
Tim Wong, with HK citizenship, was the CFO in charge and should be responsible for the "millions of dollars unaccounted for".
Is there a police report about Edward's house fire? Because it looks perfectly like what the mafia would do to push him to deliver something to someone before everyone else.
And you know everything else, push them on their "core competences" until when they contradict so much that they will laugh at themselves. It should take like three questions.

And if Barber doesn't show up you should call it a joke and do something to have him there/refuse to proceed without him.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
jddebug
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July 07, 2014, 02:03:05 PM
 #10006

My question:  

"What citizenships does Eddie hold, and has somebody confiscated his passports yet?"
Tim Wong, with HK citizenship, was the CFO in charge and should be responsible for the "millions of dollars unaccounted for".
Is there a police report about Edward's house fire? Because it looks perfectly like what the mafia would do to push him to deliver something to someone before everyone else.
And you know everything else, push them on their "core competences" until when they contradict so much that they will laugh at themselves. It should take like three questions.

And if Barber doesn't show up you should call it a joke and do something to have him there/refuse to proceed without him.

If I recall correctly, Tim Wong didn't show up until February when things were already totally messed up.

Who was the CFO prior to that or did they even have one?
digitalbrass
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July 07, 2014, 02:49:24 PM
 #10007

I dont want any questions answered except. where is our money. however, i will waive my refund if I could be allowed the punch simon barder and the rest of the hashfast team in the face including that amy girl. well call it even after that.
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July 07, 2014, 02:57:50 PM
 #10008

From his linkedin profile:

Chief Marketing Officer
HashFast Technologies
dec 2013 – jul 2014 (8 months) San Francisco, CA

Looks like that he never was the CFO Cheesy

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
pmorici
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July 07, 2014, 03:08:45 PM
 #10009

From his linkedin profile:

Chief Marketing Officer
HashFast Technologies
dec 2013 – jul 2014 (8 months) San Francisco, CA

Looks like that he never was the CFO Cheesy

Well it says in the court documents that he was from December 10th to April 17th.
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July 07, 2014, 03:14:44 PM
Last edit: July 07, 2014, 03:59:56 PM by pmorici
 #10010

My question:  

"What citizenships does Eddie hold, and has somebody confiscated his passports yet?"
Is there a police report about Edward's house fire?

The fire story is at least partly true, but, really irrelevant to this case.  The address that burned is listed in the court documents and you can see on Google street view that it did indeed burn in the fall of 2013 and is now boarded up.
cedivad
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July 07, 2014, 03:43:47 PM
 #10011

The address that burned is listed in the court documents and you can see on Google street view that it did in deed burn in the fall of 2013 and is now boarded up.
It would be if a report concluded that the house burned because of a tank of gas and not for an electric something.
I mean, in Italy it happens all the time.

Well it says in the court documents that he was from December 10th to April 17th.
What documents are those? In the schedules?

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
pmorici
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July 07, 2014, 04:10:56 PM
Last edit: July 07, 2014, 09:16:41 PM by pmorici
 #10012

The address that burned is listed in the court documents and you can see on Google street view that it did in deed burn in the fall of 2013 and is now boarded up.
It would be if a report concluded that the house burned because of a tank of gas and not for an electric something.
I mean, in Italy it happens all the time.

Well it says in the court documents that he was from December 10th to April 17th.
What documents are those? In the schedules?

The Statement of Financial Affairs, Doc# 92 under section #19 it lists him as a person that kept or supervised financial records.
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July 07, 2014, 07:56:40 PM
 #10013

So What is everyone's plan? looks like an offer was made from liquidbits and of course it benefits them the most... I would like to see this as a good deal if I can get a guarantee that I get my 100% refund and plus more for damages that hashfast has cause me and anyone else...

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
cedivad
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July 07, 2014, 09:31:11 PM
 #10014

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Hearing held and continued. Debtor to supplement motion by 7/10/14 unless a stipulation is reached. (related document(s): 68Motion to Amend filed by Hashfast Technologies LLC)Hearing scheduled for 07/11/2014 at 03:00 PM at San Francisco Courtroom 22 - Montali.(lp ) Modified on 7/7/2014 (lp). (Entered: 07/07/2014)

What happened? I'm traveling starting tomorrow so I won't be able to listen to the court audio(s) easily. If someone wanted to spend a paragraph to describe it, thank you.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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July 08, 2014, 01:34:07 AM
 #10015

Quote
Hearing held and continued. Debtor to supplement motion by 7/10/14 unless a stipulation is reached. (related document(s): 68Motion to Amend filed by Hashfast Technologies LLC)Hearing scheduled for 07/11/2014 at 03:00 PM at San Francisco Courtroom 22 - Montali.(lp ) Modified on 7/7/2014 (lp). (Entered: 07/07/2014)

What happened? I'm traveling starting tomorrow so I won't be able to listen to the court audio(s) easily. If someone wanted to spend a paragraph to describe it, thank you.

+1 that would be nice. when you get back you should make a simple weekly newsletter to all hashfast creditors that just tells them the latest info.
cedivad
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July 08, 2014, 03:33:15 AM
 #10016

Quote
Hearing held and continued. Debtor to supplement motion by 7/10/14 unless a stipulation is reached. (related document(s): 68Motion to Amend filed by Hashfast Technologies LLC)Hearing scheduled for 07/11/2014 at 03:00 PM at San Francisco Courtroom 22 - Montali.(lp ) Modified on 7/7/2014 (lp). (Entered: 07/07/2014)

What happened? I'm traveling starting tomorrow so I won't be able to listen to the court audio(s) easily. If someone wanted to spend a paragraph to describe it, thank you.

+1 that would be nice. when you get back you should make a simple weekly newsletter to all hashfast creditors that just tells them the latest info.

I don't know anything, so I will leave that to the committee.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
cedivad
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July 08, 2014, 04:20:18 AM
 #10017

http://hashfast.org/14-30725.118.mp3

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Ilan1
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July 08, 2014, 07:50:54 PM
 #10018

So What is everyone's plan? looks like an offer was made from liquidbits and of course it benefits them the most... I would like to see this as a good deal if I can get a guarantee that I get my 100% refund and plus more for damages that hashfast has cause me and anyone else...

Does the creditor council have any details on the offer made by Liquidbits?
Was this offer made through Ray Gallo, perhaps some of his other clients may be privy to the details?

It appears that the Creditors are fragmented into groups, with the common interest of wanting a resolution however it may be one that does not particularly favour the greater creditor collective. There was mention of $100m debt if this is true there needs to be one hell of a 360 deal struck to somehow get our money back!!

LTCgear.com Review http://ltcgear.co.ukhttp://ltcgear.com/?apage=120 - 160mh/s for $850 use coupon code "anniversary1yr" - Active Multi Algorithm cloud mining in Scrypt, X11 and Scrypt-N - ROI in 5 Weeks
stan258
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July 08, 2014, 08:05:07 PM
 #10019

Close the company and liquidate. Whats the point of keeping them afloat? Management will always try to draw salary as long as possible. They have no new product on record so cash out now. 
Ilan1
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July 08, 2014, 08:19:44 PM
 #10020

Close the company and liquidate. Whats the point of keeping them afloat? Management will always try to draw salary as long as possible. They have no new product on record so cash out now.  

I hear you, but it's a double edged sword, if the company closes down and liquidates its inventory the amount of money recouped from this action won't even scratch the surface with regards to paying off all the creditors, on the other hand if the creditor committee agreed to allow the sale of 600 chips to fund the payroll etc this May allow them to stay afloat long enough to work out a mining operation with Liquidbits or A Another hardware company to put the chips into working machines for resale! What I am unclear about is if a mining operation deal was struck how will that benefit ALL CREDITORS?? What happens to the proceeds of the new miner sales containing the Golden Nonce Chips etc. it's all very confusing.

However I imagine a deal would be the best way for the little people (creditors) to get back anything close to what we have laid out. Providing the deal has everyone in mind if and when one Is agreed.

LTCgear.com Review http://ltcgear.co.ukhttp://ltcgear.com/?apage=120 - 160mh/s for $850 use coupon code "anniversary1yr" - Active Multi Algorithm cloud mining in Scrypt, X11 and Scrypt-N - ROI in 5 Weeks
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