Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!

[cryptodevil]

As this was a pre-order project we did make customers aware most of the work was yet to be completed.

ORLY? Anyone else remember all those bold claims early last year where they absolutely, positively, were going to ship before ANY competitor?

Still, this at least shows there's potential to recover the money they owe me, which they have so far failed to obey the court order on. Given that he is still trying to salvage this company from total collapse, I see a winding-up order on the horizon coming in useful.

Hey Mohammed, you've already had costs added to what you owe me, settle now or find more being tacked on for the enforcement of the judgement.

For anyone who doesn't have deep enough pockets to pursue the recovery of the funds they were awarded in court, you might want to look into selling the debt on to a licensed consumer credit debt recovery firm. This involved them buying it from you for a nominal sum (£1) and then they take a cut of whatever they manage to recover.

It isn't ideal but I see some people are saying how fucked off they are with getting a judgement that they can't then afford to have enforced effectively. Selling the debt is at least a route you might want to consider, rather than giving up.

[FreeJack2k]

As this was a pre-order project we did make customers aware most of the work was yet to be completed.

LOL..."We DID warn you..."

Sorry Mohammed, but on the terms and conditions when we pre-ordered, you said the systems would ship Q2/3 of 2014. Not "we expect to ship" or "they might ship" but WILL ship. You also said you would only request final payment 8-10 weeks before the product shipped. You requested payment, then the systems didn't ship.

The nerve of this guy...I can't tell if he's just that stupid, or intensely arrogant, or completely oblivious. He thinks that since nobody else currently has miners shipping, his customers should be thrilled to get their miners, whenever he gets around to shipping? Dude...your competition shipped over a year ago. You're insane.

[BodgerandBasher]

Greetings Miners!

We would like to take this opportunity to thank everyone who has supported us throughout this journey. We know there has been some speculation about us and our project and we are now glad to finally put that to rest, and show you proof of our fabricated and packaged Viper chips that are now in hand.

This is a major milestone and hurdle we have overcome in terms of risk, time and money. Now that we have working chips all we need to do is assemble these and ship; we are of course currently assembling the devices and shipping will follow once this is complete. All fully paid orders should be 'processing' and will change to 'completed' once the order has shipped. We will also be quickly releasing a video demonstrating our chips hashing as an update to the community.

Where many new ASIC companies have failed to tape-out and produce working chips we have succeeded. While we are regrettably late in our shipping schedule please note our hash rates are still 10 times originally promised and with our profit sharing scheme not to mention the batch 1 loyalty bonuses we believe we have done our best to make up for this. Generally speaking most if not all ASIC manufacturers have never delivered on time and with batch 1 soon behind we have every intention of taking what we have learned and overcoming this in our next generation product.

Best Regards,

Mohammed Akram

Director

 OCTOBER 13, 2014

https://alpha-t.net/news/viper-chip/

Almost a year ago, they were about to ship and now they are again.

[Pentax]

As this was a pre-order project we did make customers aware most of the work was yet to be completed.

LOL..."We DID warn you..."

Sorry Mohammed, but on the terms and conditions when we pre-ordered, you said the systems would ship Q2/3 of 2014. Not "we expect to ship" or "they might ship" but WILL ship. You also said you would only request final payment 8-10 weeks before the product shipped. You requested payment, then the systems didn't ship.

The nerve of this guy...I can't tell if he's just that stupid, or intensely arrogant, or completely oblivious. He thinks that since nobody else currently has miners shipping, his customers should be thrilled to get their miners, whenever he gets around to shipping? Dude...your competition shipped over a year ago. You're insane.

most of the work was yet to be completed and is still yet to be completed.

had to go back to the drawing board again. 

2 drunks and a chimp could have accomplished this much, and looked way better doing it. 

this is what happens when people that have no fucking idea what they are doing try to outsource every aspect of a tech project.  running a tech business is about more than delegation.  if you don't know shit you should be nowhere near the big chair.....

[Cablez]

That was quite the humorous read I never expected in my inbox today.  This guy really doesn't know when to quit.  Do you think there is still a sizable sum he could possibly collect on if he drags it out further?

[Its About Sharing]

That was quite the humorous read I never expected in my inbox today.  This guy really doesn't know when to quit.  Do you think there is still a sizable sum he could possibly collect on if he drags it out further?

I think he is just trying to get a good defence going before he goes to prison.

[Pentax]

That was quite the humorous read I never expected in my inbox today.  This guy really doesn't know when to quit.  Do you think there is still a sizable sum he could possibly collect on if he drags it out further?

I think he is just trying to get a good defence going before he goes to prison.

yep, it's window dressing so it will be harder to convict him of fraud and hold him personally liable.

odds of a working device haven't gone up one iota, from what I can tell.

still flailing.  still making excuses.

blah, blah, blah....

[fightalpha]

Just a heads up, I paid over 1k gbp in total to Small Claims Solicitors and was told each step of way I will get all my money back with the claim process. Even after Judgement and failed 3RD PARTY debt order, I DO NOT  see any money, and I am at an even bigger loss than first. I am told they have no assets either so I have no way of getting my money, and the solicitors cannot do anything now besides from send warning letters to alpha idiots.

MY ADVICE, do not get sucked in by Small claim solicitors, that is job of legal companies to make money.. i am at an even bigger loss now.

I am also thinking if fightalpha has some connection with small claim solicitors because they show success stories but I have not seen proof of any, and they provide step guides which i followed.. I think it is all false pretense and money making game.

Everybody is making money but us the customer is losing money, from all angles.

Why does no1 provide a free way to get money back, why must we put in more money and keep losing money.. it is a scam from all angles.

Jorge, you have a successful Judgement against Alpha-T. That's excellent! I'm sorry you haven't gotten your judgement money yet, but please don't give up! You're so close.

For proof, yes N349 was successful for a couple of our users, see here: http://fightalpha.net/index.php?topic=158.0
Of course, it's possible Alpha caught on to that and moved their money elsewhere. You have other options!!

If you paid through PayPal: one of our users presented PayPal legal with a copy of the Judgement letter, and Alpha refunded them back their money: http://fightalpha.net/index.php?topic=155.0

They definitely DO have assets in PayPal.. paypal has frozen them until they "deliver" their product.

Finally, another one of our users had a 15,000 GBP judgement and issued a "winding up" petition. Alpha paid up IN FULL within a week of issuing the petition. They don't want to get wound up, so that's another option you have to take.

Good luck! You've already won, just be smart don't give up.

I just contacted Pay Pal and they said since my deposit is from over 1 year ago they can't help me. Those funds appear to have been released to Alpha a while ago. She did say their account is suspended.
Maybe someone who gave the deposit in the last year got thier money back. Can you clarify please? And thanks for your continued help here.

IAS

Do you have a judgement letter from the Judge?

[1echo]

they kepe mailing, but we will never see this

[Its About Sharing]

Just a heads up, I paid over 1k gbp in total to Small Claims Solicitors and was told each step of way I will get all my money back with the claim process. Even after Judgement and failed 3RD PARTY debt order, I DO NOT  see any money, and I am at an even bigger loss than first. I am told they have no assets either so I have no way of getting my money, and the solicitors cannot do anything now besides from send warning letters to alpha idiots.

MY ADVICE, do not get sucked in by Small claim solicitors, that is job of legal companies to make money.. i am at an even bigger loss now.

I am also thinking if fightalpha has some connection with small claim solicitors because they show success stories but I have not seen proof of any, and they provide step guides which i followed.. I think it is all false pretense and money making game.

Everybody is making money but us the customer is losing money, from all angles.

Why does no1 provide a free way to get money back, why must we put in more money and keep losing money.. it is a scam from all angles.

Jorge, you have a successful Judgement against Alpha-T. That's excellent! I'm sorry you haven't gotten your judgement money yet, but please don't give up! You're so close.

For proof, yes N349 was successful for a couple of our users, see here: http://fightalpha.net/index.php?topic=158.0
Of course, it's possible Alpha caught on to that and moved their money elsewhere. You have other options!!

If you paid through PayPal: one of our users presented PayPal legal with a copy of the Judgement letter, and Alpha refunded them back their money: http://fightalpha.net/index.php?topic=155.0

They definitely DO have assets in PayPal.. paypal has frozen them until they "deliver" their product.

Finally, another one of our users had a 15,000 GBP judgement and issued a "winding up" petition. Alpha paid up IN FULL within a week of issuing the petition. They don't want to get wound up, so that's another option you have to take.

Good luck! You've already won, just be smart don't give up.

I just contacted Pay Pal and they said since my deposit is from over 1 year ago they can't help me. Those funds appear to have been released to Alpha a while ago. She did say their account is suspended.
Maybe someone who gave the deposit in the last year got thier money back. Can you clarify please? And thanks for your continued help here.

IAS

Do you have a judgement letter from the Judge?

No I don't. I am in Germany and am not sure how to go about that via UK. I am in for 405 pounds.
Would a judgment change Pay Pal's "law", as they told me earlier funds (e.g. mine) were already released to Alpha way back when?

Thx in advance,
IAS

[Dr Charles]

another month... another email... no product.

[fightalpha]

Just a heads up, I paid over 1k gbp in total to Small Claims Solicitors and was told each step of way I will get all my money back with the claim process. Even after Judgement and failed 3RD PARTY debt order, I DO NOT  see any money, and I am at an even bigger loss than first. I am told they have no assets either so I have no way of getting my money, and the solicitors cannot do anything now besides from send warning letters to alpha idiots.

MY ADVICE, do not get sucked in by Small claim solicitors, that is job of legal companies to make money.. i am at an even bigger loss now.

I am also thinking if fightalpha has some connection with small claim solicitors because they show success stories but I have not seen proof of any, and they provide step guides which i followed.. I think it is all false pretense and money making game.

Everybody is making money but us the customer is losing money, from all angles.

Why does no1 provide a free way to get money back, why must we put in more money and keep losing money.. it is a scam from all angles.

Jorge, you have a successful Judgement against Alpha-T. That's excellent! I'm sorry you haven't gotten your judgement money yet, but please don't give up! You're so close.

For proof, yes N349 was successful for a couple of our users, see here: http://fightalpha.net/index.php?topic=158.0
Of course, it's possible Alpha caught on to that and moved their money elsewhere. You have other options!!

If you paid through PayPal: one of our users presented PayPal legal with a copy of the Judgement letter, and Alpha refunded them back their money: http://fightalpha.net/index.php?topic=155.0

They definitely DO have assets in PayPal.. paypal has frozen them until they "deliver" their product.

Finally, another one of our users had a 15,000 GBP judgement and issued a "winding up" petition. Alpha paid up IN FULL within a week of issuing the petition. They don't want to get wound up, so that's another option you have to take.

Good luck! You've already won, just be smart don't give up.

I just contacted Pay Pal and they said since my deposit is from over 1 year ago they can't help me. Those funds appear to have been released to Alpha a while ago. She did say their account is suspended.
Maybe someone who gave the deposit in the last year got thier money back. Can you clarify please? And thanks for your continued help here.

IAS

Do you have a judgement letter from the Judge?

No I don't. I am in Germany and am not sure how to go about that via UK. I am in for 405 pounds.
Would a judgment change Pay Pal's "law", as they told me earlier funds (e.g. mine) were already released to Alpha way back when?

Thx in advance,
IAS

One of our members presented PayPal with a Judgement letter, and Alpha refunded them in full. I think they don't want to piss PayPal off because they have frozen their assets.

But for 405 pounds.. it's not worth the fight, honestly.

[Its About Sharing]

Just a heads up, I paid over 1k gbp in total to Small Claims Solicitors and was told each step of way I will get all my money back with the claim process. Even after Judgement and failed 3RD PARTY debt order, I DO NOT  see any money, and I am at an even bigger loss than first. I am told they have no assets either so I have no way of getting my money, and the solicitors cannot do anything now besides from send warning letters to alpha idiots.

MY ADVICE, do not get sucked in by Small claim solicitors, that is job of legal companies to make money.. i am at an even bigger loss now.

I am also thinking if fightalpha has some connection with small claim solicitors because they show success stories but I have not seen proof of any, and they provide step guides which i followed.. I think it is all false pretense and money making game.

Everybody is making money but us the customer is losing money, from all angles.

Why does no1 provide a free way to get money back, why must we put in more money and keep losing money.. it is a scam from all angles.

Jorge, you have a successful Judgement against Alpha-T. That's excellent! I'm sorry you haven't gotten your judgement money yet, but please don't give up! You're so close.

For proof, yes N349 was successful for a couple of our users, see here: http://fightalpha.net/index.php?topic=158.0
Of course, it's possible Alpha caught on to that and moved their money elsewhere. You have other options!!

If you paid through PayPal: one of our users presented PayPal legal with a copy of the Judgement letter, and Alpha refunded them back their money: http://fightalpha.net/index.php?topic=155.0

They definitely DO have assets in PayPal.. paypal has frozen them until they "deliver" their product.

Finally, another one of our users had a 15,000 GBP judgement and issued a "winding up" petition. Alpha paid up IN FULL within a week of issuing the petition. They don't want to get wound up, so that's another option you have to take.

Good luck! You've already won, just be smart don't give up.

I just contacted Pay Pal and they said since my deposit is from over 1 year ago they can't help me. Those funds appear to have been released to Alpha a while ago. She did say their account is suspended.
Maybe someone who gave the deposit in the last year got thier money back. Can you clarify please? And thanks for your continued help here.

IAS

Do you have a judgement letter from the Judge?

No I don't. I am in Germany and am not sure how to go about that via UK. I am in for 405 pounds.
Would a judgment change Pay Pal's "law", as they told me earlier funds (e.g. mine) were already released to Alpha way back when?

Thx in advance,
IAS

One of our members presented PayPal with a Judgement letter, and Alpha refunded them in full. I think they don't want to piss PayPal off because they have frozen their assets.

But for 405 pounds.. it's not worth the fight, honestly.

Sure, it is worth the fight if Paypal still had the money but they released it a long time ago to Alpha, so there is no money to return to me.
If it had been a more recent purchase then Paypal would still have it as frozen funds and would refund "my actual money", but that is not the case.
Do I understand you correctly though?

[nwfella]

another month... another email... no product.

At this point delivery of the miners is pretty much a moot point for anybody paying > 0.05/USD/kw/h anyway.  Game set and match go to AlphaPoint on this one I'm afraid.  Best case scenario is if some official body steps in at this point and breaks it up for the lawyers to swoop in and pick away any remaining meat (assuming there is any).

[cryptodevil]

I can confirm that Alpha Tech has just paid the full amount of the five-figure judgement against them, albeit a month after the court deadline and only after I had engaged dcbltd.com to enforce it.

Whether it was because DCBL enforcements are featured on a UK television reality series and Muhammed didn't want to risk the public humiliation, or it is simply down to Alpha getting refinanced in some fashion and trying to keep the creditors at bay, I don't know.

But glad to finally have resolved it.

[fightalpha]

I can confirm that Alpha Tech has just paid the full amount of the five-figure judgement against them, albeit a month after the court deadline and only after I had engaged dcbltd.com to enforce it.

Whether it was because DCBL enforcements are featured on a UK television reality series and Muhammed didn't want to risk the public humiliation, or it is simply down to Alpha getting refinanced in some fashion and trying to keep the creditors at bay, I don't know.

But glad to finally have resolved it.

Excellent! That's a new route. Can you please post proof to fightalpha.net ? We'd love to fuel the fire with this.

[ninjaboon]

This thread is almost 2 years old and we still have yet to see the unicorn miners.

20-10-2013, 04:21:38

[rammy2k2]

i guess you should all give up on unicorns miners, they delivered them to another planet 

[Eastwind]

Is it economical to file a claim to liquidate the company?

[FreeJack2k]

Is it economical to file a claim to liquidate the company?

A winding-up petition will probably get you paid back, but they won't include the legal fees in the payment. One guy has already reported having success that way, but the winding-up petition is expensive. In fact, most avenues for pursuing legal satisfaction with these guys are expensive...especially because they're now trying to hide their money.