HashFast announces specs for new ASIC: 400GH/s

[iCEBREAKER]

Nobody is going to jail, and nobody but the lawyers stand to benefit from you and the others throwing a legal tantrum.

You are so full of shit.

I'm FOS?  What about your months of bragging about how easy it would be for your infallible lawyer to extract resources from HF and put those baddies in jail?

Did your case turn out to be easy?  No, it didn't.  The creditor committee can't shoot straight and you fired your lawyer weeks ago.

Did you put the evildoers in jail?  No, you didn't.  The court even let HF out of Chapter 7, instead trusting them to operate under Chapter 11.

You were completely wrong about everything of importance, in exactly the way I predicted and warned you about.

Nobody is going to jail, and nobody but the lawyers stand to benefit from you and the others throwing a legal tantrum.

Good job, chump!   

[cedivad]

I would encourage to move the discussion to a moderated thread:

https://bitcointalk.org/index.php?topic=721570.new#new

IceBreaker can stay here billing the estate to troll us as long as his contract wishes.

[iCEBREAKER]

I would encourage to move the discussion to a moderated thread

Instead of answering my two simple questions you run away to a moderated thread?  How cowardly; I guess you don't like to be proven wrong!   

Did your case turn out to be easy?  No, it didn't.  The creditor committee can't shoot straight and you fired your lawyer weeks ago.

Did you put the evildoers in jail?  No, you didn't.  The court even let HF out of Chapter 7, instead trusting them to operate under Chapter 11.

[Minor Miner]

Hey Ralph;
I may owe you an apology.   You now say that you bought units by converting stock that you had purchased in Icedrill into Sierras?
Is that true?   So, your claim against the estate is completely because the units you converted shares for from Icedrill did not arrive in time?  Or because you want MPP on those units?

[iCEBREAKER]

New post-bankruptcy thread here:

https://bitcointalk.org/index.php?topic=721586.0

[Entropy-uc]

... when some impatient fools decided to kill the golden goose and take all the eggs which surely must be hidden inside.

You are not even funny trolling like this. If you are ironic and think somebody loughs to your bad jokes, you are wrong. There are people heavily burned by HF, calling them "impatient fools" shows extremely bad taste.

There is no joke or trolling here, just an apt metaphor.

Were it not for the lawyers taking over, HashFast would be able to give us our MPP.

The heavily burned people are not above reproach, and we are free to evaluate the desirability and efficacy of their actions.  It's entirely possible they made a mistake by forcing the issue prematurely. 

FFS, just look at the unworkable fiasco that is the creditor committee.  How is destroying millions in value and giving the rest to lawyers anything but killing the goose for the ephemeral glimmer of a short-term gain?

What is not in dispute is that thanks to Koi's fancy lawyers, HashFast now has ZERO obligation to ship their backorders, much less dole out MPP (which I was supposed to be receiving in spades).

Thank goodness Icebreaker is here to criticize the bankruptcy and the committee.  With that verification, I can be positive we are doing the right thing.

If you were really an insider, you would know that all of the assets would have been stripped from Hashfast if the bankruptcy proceedings hadn't prevented it. 

[Entropy-uc]

Occam's Razor

As I said and I will repeat for a long time, you are so full of shit.

I was under the impression that the committee had to publish the franchising plan by the end of the week, but I don't see it. Why?

We sent a reorganization plan to the debtors yesterday.  Since the committee has no effective control of the company and can only object to their actions that require review of the judge, we will need to negotiate with the debtors to actually implement a plan.  For that reason, it's not constructive for us to publish it publicly.

If the debtors do not cooperate the judge has committed to hearing our motion to have new management put in place August 20th.  Hopefully the debtors will be rational and we can get positive action taken before that date.

[Syke]

New post-bankruptcy thread here:

https://bitcointalk.org/index.php?topic=721586.0

A thread moderated by iCEBREAKER. What a waste of bits.

[bkminer]

I've never "ignored" a user on here before, but I think ICELICKER will be my first.

[scr3u.ucr3trs]

Thank goodness Icebreaker is here to criticize the bankruptcy and the committee.  With that verification, I can be positive we are doing the right thing.

If you were really an insider, you would know that all of the assets would have been stripped from Hashfast if the bankruptcy proceedings hadn't prevented it.

Icebreaker is an insider.  The committee has not fulfilled it's responsibilities shamefully.  Where is the plan?  How much does it give back to the creditors?

[kikaha]

Looks like Tim is gone.  Got the following autoresponder.

"Tim Wong is no longer employed by HashFast Technologies LLC.
Please contact Cara (cara@hashfast.com) instead, who will be able to direct your request to the appropriate person.

Thank you,
HashFast Management"

Occam's Razor

As I said and I will repeat for a long time, you are so full of shit.

I was under the impression that the committee had to publish the franchising plan by the end of the week, but I don't see it. Why?

We sent a reorganization plan to the debtors yesterday.  Since the committee has no effective control of the company and can only object to their actions that require review of the judge, we will need to negotiate with the debtors to actually implement a plan.  For that reason, it's not constructive for us to publish it publicly.

If the debtors do not cooperate the judge has committed to hearing our motion to have new management put in place August 20th.  Hopefully the debtors will be rational and we can get positive action taken before that date.

[scr3u.ucr3trs]

Looks like Tim is gone.  Got the following autoresponder.

"Tim Wong is no longer employed by HashFast Technologies LLC.
Please contact Cara (cara@hashfast.com) instead, who will be able to direct your request to the appropriate person.

Thank you,
HashFast Management"

Occam's Razor

As I said and I will repeat for a long time, you are so full of shit.

I was under the impression that the committee had to publish the franchising plan by the end of the week, but I don't see it. Why?

We sent a reorganization plan to the debtors yesterday.  Since the committee has no effective control of the company and can only object to their actions that require review of the judge, we will need to negotiate with the debtors to actually implement a plan.  For that reason, it's not constructive for us to publish it publicly.

If the debtors do not cooperate the judge has committed to hearing our motion to have new management put in place August 20th.  Hopefully the debtors will be rational and we can get positive action taken before that date.

What was in the reorg plan--Was it the Eddie and Guido plan and is that why Tim left? Since the committee has been so publicly arguing with the company and legally fighting it, why isn't the committee showing its plan for the creditors?  it must be worth all the legal bills that have been run up

[bkminer]

Thread's dead baby, thread's dead.

Sorry I couldn't resist...  

[bkminer]

MOTION FOR SUBSTANTIVE CONSOLIDATION

In this case I'm guessing this is a good thing because it will add the IP from the east cost component to the chips of the west as assets.  Or am I totally wrong here?

[digitalbrass]

nobody cares, just give us our money,

[dropt]

nobody cares, just give us our money,

People very much care, and you should too if you want your money back.

[starsoccer9]

Another asic company another bunch of customers screwed

[cedivad]

If the debtors do not cooperate the judge has committed to hearing our motion to have new management put in place August 20th.  Hopefully the debtors will be rational and we can get positive action taken before that date.

Is any progress being made?

[Legend21]

THis is really fucked upppp. fucking lost 10.000 usd to these ass holes. never receive shit

[pmorici]

If the debtors do not cooperate the judge has committed to hearing our motion to have new management put in place August 20th.  Hopefully the debtors will be rational and we can get positive action taken before that date.

Is any progress being made?

Check Pacer, but I think there is a status hearing sometime today (Friday).  I believe there are some positive developments that will be communicated.