I don't understand, you collected hundreds of thousands of dollars in pre-orders and you have no staff to put the things together?
Chips are expensive. Total cost per build is coming in at 4900-5400 as of now. We've sold several at between 4799-5399, almost 60% - so yes at this facility we are short staffed today.
Yes, unfortunate that you are short staffed.
However, it doesn't not excempt you from your obligations. If you made a bad business decision by pricing the miners incorrectly, then you might as well give us a refund.
A full refund is the cheapest way right now for you to exit your obligations. There are lawsuits pilling up, if you ship your units, you are obligated to MPP. Your staff will need to start spending time in small claims court. The debt collectors are also coming.
No actually you need to mine for 6 months before being upgraded, please read the MPP carefully. And maybe we can try and help you out here.
AM i missing something here ... where does it state you have to mine for 6 months?
all i see is if its not profitable by shipment date you upgrade free.
AMT knows that the SHA-256 coin mining space is somewhat volatile and coin miners can be somewhat concerned with hardware purchases these days. That’s why we guarantee enough hashing power to meet ROI and then some, when mining SHA-256 coin. If the networks increases to a point where your investment in our technology is no longer profitable, AMT will upgrade your Miner to the next level Miner absolutely free. We want our clientele to succeed and prosper together with.
Miner protection is automatically applied to all purchases from AMT and is valid from the date 09/26/2013. Although in the future, we may add this as an additional paid option during the purchase process. Purchases prior to this update are covered under the Miner protection plan automatically.
How it works:
AMT will receive your order, if the networks hash rate increases to the point where your miner can no longer meet ROI we will upgrade your miner to the next level of AMT miners.
Example:
If you purchase an AMT Steadfast 80ghs and the network hash rate increases to the point where your mining cannot meet ROI from the suggested shipment date for a six month time period, while mining SHA-256 coin, we will ship you a AMT 220ghs absolutely free.
It’s that simple.
Although, there maybe some clientele who would like to mine other SHA-256 coin because other SHA-256 coins are actually more profitable than Bitcoin in the moment. Those clients can opt to receive their miner as planned. If the networks increases to the point where the buyer cannot meet ROI, we will allow the buyer to decide if he/she would like to participate in the AMT miner protection program prior to their miner being shipped. When the buyer’s miner is ready to be shipped, we will give that buyer the option of shipping the original miner which they purchased, or to upgrade to the next AMT miner which will allow them to meet ROI and more. Although, the buyer will have to wait until that unit/model/miner is available for shipment of course. We will contact each buyer either by telephone or email with this option at the time of shipment.
If the network increases so much that the next level miner also can’t meet ROI, the product upgrade will continue to the next AMT product which is profitable. Therefore, no matter what happens, our clientele will be left a ROI either way. Plain and simple. We want our clientele to know that AMT cares about it’s clientele and AMT is a brand that consumers can rely on and trust.
ROI is defined as “a return on investment”.
