Status:UNPAID/LATEPrinciple Loan Amount: 3 BTC (2 Bonds x 1.5 BTC ) Amount owed: At this point its negotiable, according to the contract 3 BTC would yeild 8-10. Total=10-13 BTC
The following contract was created between myself &
Darktongueon July 27, 2013. It was a simple loan agreement of
3BTC. The lent
BTC was to be used for the following: Purchase mining hardware, active trading with the buy low/sell high strategy.
To date I have not received any payback whatsoever which includes dividends or the stated spreadsheets with relative & promised data. Ironically his pay back of 6-10
BTC was when bitcoin was at an all time high which leaves me at a further loss. The fact of the matter is, I understand that Darktongue has undergone some personal hardships leading to a financial collaspe. But I expect to recoupe the principle loan balance as well as the stated interest/yeild in the future.
Here is the public record of the 3BTC transaction that was exchanged between the 2 parties:3
BTC Sent From: 1REKfkmT8cXhsZKspwaeuvG6Nofhid1Z3 Sent To: 18NzSLWmVmFdZpEL2XWcfanoYSq6pZoAQL
Transaction ID: 502ec663759de5637d3c88e6d91d56c5a38506817864a0862f06e1cd909f3e7e
Formal Contract Begins Here
Darktongue MINING BOND CONTRACTA 1.5 BTC investment is looking to yield each holder 5BTC at the end of a *quarter. Each 1.5 BTC buy in holds 15Gigahash of 24/7 mining power.
*A Quarter is 3 Calendar Months from x date of bond buy in.Market InvestmentsAlong with stake in the operation you will also have a chance to make more BTC as the *market moves. A safe amount will be placed on market for trading and growth. This is projected to add an extra 0.5BTC to 1.0BTC per bond dividend per quarter.
*This is speculation of a market bouncing between a $70--$100 USD Range. Proof Of WorkAfter the first month of operation a spread sheet will be drafted and posted showing uptime/yield/power cost and equipment costs. The equipment cost should be low as the technology allows for a more streamlined easy to care for day to day operation.
PayPal/Google Wallet Dividends Darktongue will payout via a method other then BTC under a few extreme conditions. In the case of high market drop the stake shall be sold at peak price. If the market does not equal the prices at sellout you can request a cash withdrawal. If you choose to stick with BTC your portion will be invested back in to BTC and sent to your payout address.
CommunicationsThis operation isn't some tin foil nobody needs to know thing. However it is my opinion that the smallest of foot prints most of the time go unnoticed. Updates, dividend notices and payment will be posted via email. As this is a small bond with high yield this is safer for all of us.
Termination Of Contract
In the unlikely event of total failure Darktongue will be responsible for repayment of the 3BTC bond Payment arrangements will be made with each bondholder and will be paid in BTC. Equipment would then be sold and used as dividend payment for time/money loss to bond holder.
Borrowers Digital Signature,
XXXXX X XXXXXXX (darktongue)
7/27/13 1236hr PST
18NzSLWmVmFdZpEL2XWcfanoYSq6pZoAQL
Contact
XXXX XXXXXX
E-mail:XXXXXX@gmail.com
Phone:XXX-XXX-XXXX
PO Box XX
XXXXXXX, XXXX
XXXXX
Lenders Digital Signature,
XXXXX X XXXXXX
email: 314_at_mobile314.com
Phone: XXX-XXX-XXXX
XXXX XXX XXXXX
XXXXX XXXX XX XXXXX
