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

[retro72]

It is confirmed. Both in the coindesk article and by their Annual return

2014-07-11 :: Share Holders:
Mohammed Mubasher Akram - 90 Shares
Andrew Laurus - 10 Shares

http://www.coindesk.com/alpha-technology-blames-paypal-dispute-bitcoin-asic-delivery-delay/

“Laurus is an asset to the organisation with respect to the large projects he’s previously been involved in and the contacts and experience he brings to the table,” said Akram.

[phzi]

The Andrew Laurus Story is not confirmed. I think it is just a hoax.

I revealed Andrew Laurus's involvement in this thread based on public records of shareholders. It is not a hoax.  It is definitely confirmed.  If you want to see a copy of their shareholder records this year, you can PM me.

https://bitcointalk.org/index.php?topic=314402.msg7979406;topicseen#msg7979406

[vesperwillow]

The Andrew Laurus Story is not confirmed. I think it is just a hoax.

I revealed Andrew Laurus's involvement in this thread based on public records of shareholders. It is not a hoax.  It is definitely confirmed.  If you want to see a copy of their shareholder records this year, you can PM me.

https://bitcointalk.org/index.php?topic=314402.msg7979406;topicseen#msg7979406

It's still hard for some folks to swallow the load of reality which is this situation.

[s1gs3gv]

I fail to see how they said the foundry said the CHIPS performed better than expected when they don't have any chips?

In polite circles, its fashionable to say someone 'Mis-spoke' …

Or maybe it was the simulation results that encouraged them to say this …

Or maybe it was the need for some positive news …

It is hard to interpret anything they say or do kindly after all the forum bannings, post-facto editing of terms and conditions and other company statements on the forum, deletion of customer posts on the forum, lack of good will towards customers regarding refunds, absence of transparency into development, missed deadlines etc etc etc

But who knows, maybe Dexcel told them the chips turned out better than expected ...

[dekodoge]

I fail to see how they said the foundry said the CHIPS performed better than expected when they don't have any chips?

In polite circles, its fashionable to say someone 'Mis-spoke' …

Or maybe it was the simulation results that encouraged them to say this …

Or maybe it was the need for some positive news …

Its all a lie, a foundry wouldn't know this.

[anderl]

I fail to see how they said the foundry said the CHIPS performed better than expected when they don't have any chips?

Did Andrew Laurus do a runner with the cash?

That is the answer to all questions. Why is that person involved with this company? and how does that relate to offering customers 30% of profits only which there will be none.

I'm wondering if Laurus run a mining farm that maybe he took all the good chips for himself?

[Nullu]

I fail to see how they said the foundry said the CHIPS performed better than expected when they don't have any chips?

Did Andrew Laurus do a runner with the cash?

That is the answer to all questions. Why is that person involved with this company? and how does that relate to offering customers 30% of profits only which there will be none.

I'm wondering if Laurus run a mining farm that maybe he took all the good chips for himself?

Or maybe Alpha-T gave him shares in return for him helping salvage their absolute disaster of a company.

[Mikebeav3r]

I fail to see how they said the foundry said the CHIPS performed better than expected when they don't have any chips?

Did Andrew Laurus do a runner with the cash?

That is the answer to all questions. Why is that person involved with this company? and how does that relate to offering customers 30% of profits only which there will be none.

I'm wondering if Laurus run a mining farm that maybe he took all the good chips for himself?

Or maybe Alpha-T gave him shares in return for him helping salvage their absolute disaster of a company.

If that's the case, looks like he got a bum deal :p

[Nullu]

I fail to see how they said the foundry said the CHIPS performed better than expected when they don't have any chips?

Did Andrew Laurus do a runner with the cash?

That is the answer to all questions. Why is that person involved with this company? and how does that relate to offering customers 30% of profits only which there will be none.

I'm wondering if Laurus run a mining farm that maybe he took all the good chips for himself?

Or maybe Alpha-T gave him shares in return for him helping salvage their absolute disaster of a company.

If that's the case, looks like he got a bum deal :p

Maybe, maybe not. 10% of the company, for helping them out of a hole? If they manage to perform a miracle and actually ship units, then it's a sizeable stake. If they go under, he hasn't got much to lose. I think he's just offering guidance.

[vesperwillow]

Maybe, maybe not. 10% of the company, for helping them out of a hole? If they manage to perform a miracle and actually ship units, then it's a sizeable stake. If they go under, he hasn't got much to lose. I think he's just offering guidance.

They claimed that after the first tapeout disaster, someone came along and pumped them with money to carry them through to the end.

That's a lot of "guidance".

[VJLoops]

Gladly! It's the least I could do 

Dear Sir,
We have been asked to contact you because you have shown an interest in joining a potential class action against Alpha Technology (INT) Limited (Alpha).

The reason you will have shown an interest is because you will have paid either in part or in full for goods which have not been shipped to you by Alpha.

Alpha appear to have employed delaying tactics to their customers in respect of goods ordered and also informed customers they are not protected by the UK Distance Selling Regulations because the customer is a 'business'.

We are currently ascertaining a rough count of clients who would be interested in a class action against Alpha.  At this stage, if you would be interested, can you please confirm:-

1.  Your Name
2.  The date of your order
3.  How much you have paid to Alpha
4.  Your country of residence
5.  If you would be interested in joining a class action to recover the funds you have paid to Alpha

Once we have an idea of how many customers have been affected we will then be able to confirm a strategy to those who wish to be included.  We would provide clear details of how a class action works, what we can do to protect any assets held by Alpha, what will happen if it transpires that Alpha are guilty of fraud and also the estimated costs.

The main benefit of any class action is that the costs are divided equally between clients therefore making litigation viable for almost any client.

We look forward to hearing from you.  If you are aware of any other customers who have suffered losses due to ordering goods with Alpha, please do pass them a copy of this email.

Selachii LLP are a firm of Solicitors based in central London who specialize in both commercial and civil litigation.

Yours faithfully,

Selachii LLP

131c Kensington Church Street, Notting Hill, London, W8 7LP

Tel: 020 7792 5649

www.selachii.co.uk

[uozer]

whats their mail address?

[wilson1973]

whats their mail address?

Google is your friend...

https://alpha-t.net/about-us/

[uozer]

no i was referring to the selacchii law firm and asking VJLoops

[gushes]

Sounds like a scam to me.  From my understanding, in the UK, only a judge can turn several cases into a class action.

"The main benefit of any class action is that the costs are divided equally between clients therefore making litigation viable for almost any client."  This is the most scammy part.  In a class action, the clients don't pay up front, the lawyer gets a very large cut of the final product, usually 25-35%.  A "Lawyer" emailing you out of the blue telling you how cheap it is... SCREAMS scam.  Never pay up front to recover fund owed to you... It's called "throwing good money after bad"... Meaning Giving someone $1k up front to recover $2k will most likely result in you being out $3k.

Gladly! It's the least I could do 

Dear Sir,
We have been asked to contact you because you have shown an interest in joining a potential class action against Alpha Technology (INT) Limited (Alpha).

The reason you will have shown an interest is because you will have paid either in part or in full for goods which have not been shipped to you by Alpha.

Alpha appear to have employed delaying tactics to their customers in respect of goods ordered and also informed customers they are not protected by the UK Distance Selling Regulations because the customer is a 'business'.

We are currently ascertaining a rough count of clients who would be interested in a class action against Alpha.  At this stage, if you would be interested, can you please confirm:-

1.  Your Name
2.  The date of your order
3.  How much you have paid to Alpha
4.  Your country of residence
5.  If you would be interested in joining a class action to recover the funds you have paid to Alpha

Once we have an idea of how many customers have been affected we will then be able to confirm a strategy to those who wish to be included.  We would provide clear details of how a class action works, what we can do to protect any assets held by Alpha, what will happen if it transpires that Alpha are guilty of fraud and also the estimated costs.

The main benefit of any class action is that the costs are divided equally between clients therefore making litigation viable for almost any client.

We look forward to hearing from you.  If you are aware of any other customers who have suffered losses due to ordering goods with Alpha, please do pass them a copy of this email.

Selachii LLP are a firm of Solicitors based in central London who specialize in both commercial and civil litigation.

Yours faithfully,

Selachii LLP

131c Kensington Church Street, Notting Hill, London, W8 7LP

Tel: 020 7792 5649

www.selachii.co.uk

[VJLoops]

 info@selachii.co.uk

[dekodoge]

Google

Richard Howlett (Selachii LLP ) and Simon Taylor

[bander]

so thoughts on this law firm? I've also been contacted.. I see they did some work on the Mt Gox thing, but I dont see a final result nor do I see much from their clients in the case. Is this a scam within a scam?

[BitCoin Operated Boy]

I have not been in this thread since I posted pissed off comment in January about them stealing 40% of my refund plus fee. Seeing all the crap here now Im really glad I got my refund before it was too late :-)
Haven't been that lucky with Black Arrow and Hashfast though

[s1gs3gv]

so thoughts on this law firm? I've also been contacted.. I see they did some work on the Mt Gox thing, but I dont see a final result nor do I see much from their clients in the case. Is this a scam within a scam?

They are probably quite successful. I used to live in the Notting Hill Gate area just up the road many years ago. Its a posh area full of successful small businesses and expensive residential areas on a road that runs from Notting Hill Gate down to Kensington not far from Kensington Gardens and Hyde Park, and eventually on towards Harrods.

It wouldn't hurt to give them a chance and hear their terms and advice before you decide to participate.
My guess is that they are trying to judge the number of people who might like to participate, the scope of damages and the likelihood of recovery before they decide its worth their while. If I had an Alpha-T pre-order, which I don't, I'd give 'em a chance. At the very least, if I felt unhappy with Alpha-T, I would let them know why and how much money you have at stake.

It looks like the best offer on the table at the moment.