Shades Minoco / Shakaru / Collections / Debt

[imsaguy]

Its really in everyone's best interests if you take the time to calculate the amounts now and provide some documentation to that effect. 

OK, I'll try. And I would also like to heard about shakuru's report if he could bring up their records. But if the records was missed, the only way would be calculate by myself for sure!

Well calculate and pm it to me or OP and we'll compare it to what Shakaru comes up with.

[1713870832]

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[Valalvax]

Well, I bought two 5830s and 1x-16x riser cables from him around the 15th or so of January, don't care about brand etc

[shakaru]

Well, I bought two 5830s and 1x-16x riser cables from him around the 15th or so of January, don't care about brand etc

I have them set aside for you.
Also, did you figure out what went on with the other boxes you said you didnt get (I thought you said something about not getting a box of cookies if remember correctly.

[Valalvax]

Well, I bought two 5830s and 1x-16x riser cables from him around the 15th or so of January, don't care about brand etc

I have them set aside for you.
Also, did you figure out what went on with the other boxes you said you didnt get (I thought you said something about not getting a box of cookies if remember correctly.

No, I asked the post office they never got the cards (or so they say, probably misdelivered or something)

As for the cookies, I wouldn't be surprised if the girl never actually sent the damn things, I just can't imagine the post office losing three packages sent from the same location...

Or it could be that they're rerouting the packages to another address? Not sure where they'd go though, and I get regular old mail (bills) just fine...


To sum up, I assume it was misdelivered and the cookies were never sent.

If you go ahead and send them with insurance I'll pay the extra for the insurance and shit

[shakaru]

Well, I bought two 5830s and 1x-16x riser cables from him around the 15th or so of January, don't care about brand etc

I have them set aside for you.
Also, did you figure out what went on with the other boxes you said you didnt get (I thought you said something about not getting a box of cookies if remember correctly.

No, I asked the post office they never got the cards (or so they say, probably misdelivered or something)

As for the cookies, I wouldn't be surprised if the girl never actually sent the damn things, I just can't imagine the post office losing three packages sent from the same location...

Or it could be that they're rerouting the packages to another address? Not sure where they'd go though, and I get regular old mail (bills) just fine...


To sum up, I assume it was misdelivered and the cookies were never sent.

If you go ahead and send them with insurance I'll pay the extra for the insurance and shit

Ok, sounds good. Let me get at them and when I do, you have my skype, we can work out the details.

[Valalvax]

Cool, just message me, tomorrow is no good though, so Friday

[shakaru]

Cool, just message me, tomorrow is no good though, so Friday

will do

[DeLorean]

For the record, shakaru owed me 18.5 BTC for an unfulfilled purchase I made from him in December and I have been paid in full.

[kpriess]

For the record, shakaru owed me 18.5 BTC for an unfulfilled purchase I made from him in December and I have been paid in full.

Good to see you're doing things right..

[mc_lovin]

$20k, thats a lotta money!  If you have cards that are hash-worthy and just nowhere to run them, can I suggest sending them to me?  I work at WTCR.ca/BlockMiners.com and we have a facility that can support 100 GH/s or more with top of the line equipment and cheap electricity rates.  If you have cards that need hashing, we can work something out so you can start paying people back!  It seems ludicrous that there is a huge debt to be payed and there are cards packed away in boxes.

Shakaru, do you have mining capabilities right now?  If so, what is your hashrate like?

Zero as of right now. I have everything but this desktop and thats a 3x5770, boxed up. There is about 3-5 ghs of working hardware in th 4u enclosures.

[shakaru]

$20k, thats a lotta money!  If you have cards that are hash-worthy and just nowhere to run them, can I suggest sending them to me?  I work at WTCR.ca/BlockMiners.com and we have a facility that can support 100 GH/s or more with top of the line equipment and cheap electricity rates.  If you have cards that need hashing, we can work something out so you can start paying people back!  It seems ludicrous that there is a huge debt to be payed and there are cards packed away in boxes.

Shakaru, do you have mining capabilities right now?  If so, what is your hashrate like?

Zero as of right now. I have everything but this desktop and thats a 3x5770, boxed up. There is about 3-5 ghs of working hardware in th 4u enclosures.

They are packed away because some are damaged, and Im in the middle of a move right now. (staying in an extended stay situation for about 10 more days) After that, sales will be made along with beneficial agreements to take care of that. Plus as YOU know, I have stuff in the pipeline that will be announced this week. Here is a hint. GLBSE offering. Some of you know about this, some of you are backing it. Stay tuned!

[mc_lovin]

$20k, thats a lotta money!  If you have cards that are hash-worthy and just nowhere to run them, can I suggest sending them to me?  I work at WTCR.ca/BlockMiners.com and we have a facility that can support 100 GH/s or more with top of the line equipment and cheap electricity rates.  If you have cards that need hashing, we can work something out so you can start paying people back!  It seems ludicrous that there is a huge debt to be payed and there are cards packed away in boxes.

Shakaru, do you have mining capabilities right now?  If so, what is your hashrate like?

Zero as of right now. I have everything but this desktop and thats a 3x5770, boxed up. There is about 3-5 ghs of working hardware in th 4u enclosures.

They are packed away because some are damaged, and Im in the middle of a move right now. (staying in an extended stay situation for about 10 more days) After that, sales will be made along with beneficial agreements to take care of that. Plus as YOU know, I have stuff in the pipeline that will be announced this week. Here is a hint. GLBSE offering. Some of you know about this, some of you are backing it. Stay tuned!

Ah cool, didn't know about the move, just wanted to offer a up the space for cards.  The pipeline is looking great, I'm definitely tuned in.

[copumpkin]

Can you comment on how your new venture (https://bitcointalk.org/index.php?topic=67352.0) is related to this effort and the interests of the people you owe? I spoke to smickles and he said that you had another loan with him, which you have since paid back, but that you also still owed him money.

As a mostly disinterested observer, this whole thing seems risky, and makes me uncomfortable on the behalf of your creditors.

[shakaru]

sure thing.

Basically, smickles and I get 1% each at the end of each funds run cycle (2% for you out there with a calculator)

The fund works that 100 shares are sold at 1btc each. All the funds collected from the sale of shares are placed into the bots trading account at Mt.Gox (Other exchanges coming in future fund offerings).

So if the bot makes a profit in one month of 5%, the finial balance would be 105btc. This would mean that smickles and I get to split a HUGE 2.10btc.

My 1.05btc, goes to the repayment fund.

This first offering is to test to see if a trading bot fund is possible. Also, a majority of the shares for the the April fund have been bought by supporters who already know about the repayment and closing of SDM.
In fact, our VPS that the bot runs on is offered to us by Dollartrader (THANK YOU DOLLARTRADER!).

Also, the GLBSE fund is also monitored by IBB as well as they were the ones that helped setup the listing.

So this is all pretty simple idea that could help out alot of people. Any questions?


Edit: This was also FREE to setup (wait, i think we spend .40btc or soemthing, so almost free) You cant argue with free when you can possibly make an return.

Second edit: I think like half of you have talked to me about this. So far no one has said anything but "Go for it!"

[Bitsinmyhead]

I see that shakaru or Andrew is at it again with a new venture and I really think it is time for someone to warn people of doing business with him. I kind of feel bad for not posting this when the problems with him first started last fall. That way many of you might have been able to avoid this mess.

I am very surprised that he still seems to be able to do business with anyone here. This is a guy who has pretty much stolen over $20 000 from the community. He says it was because he himself was scammed, and uses several other excuses, but let me sum up the facts:

Andrew has sold mining contracts for over 45Gh/s. In addition he has sold SDM stock through his GLBSE offering.  If he really was using the money to buy mining rigs to support such an operation he would have been in posession of probably close to 150 5830/5850 cards in addtion to a lot of other computer equipment.

Andrew is trying to make us believe that he is only left with a few card because he was scammed by some other members on this forum and that a lot of the cards has been sent back for RMA. Is anyone here stupid enough to think he was scammed out of this much or that so many of his cards did not work?

All of us in this thread also know the endless excuses and lies Andrew has served us. All that was missing for his operation to be 100% up and running was that the electricans come over and fix a small problem. He would gladly return the money, but all his accounts were frozen, he had no way of buying bitcoins etc. I don't know for how long I was fed those lies. Now all of a sudden it doesn't seem like he has much mining equipment at all.

Somehow Andrew tries to portray himself as a good guy, because he is trying to make everything right. Well, guess what, if you rob a bank for $20 000, your not a good guy if you pay back $2 000. In fact, I really doubt we will even get that much back when all this is over.

I also mentioned in my previous post that I paid him $100 to have remote access to my mining rig. Once when it had been down for a couple of days I decided to try logging in. What I found was the rig mining happily away at Andrew's personal deepbit account. Got fed some excuses and promised everything would be taken care of...

In my previous post I also posted how in January after I had started pressing him to get my money back, he started accusing me of destroying two of the cards in my mining rig. For some reason this was never mentioned back in September when my rig stopped mining. A couple of weeks ago he once again brought up this, but now the story had changed. The mining rig had now blown up and caught fire. Seemes to me like Andrew has a hard time keeping all his lies straight.

My last bad experience with him was just before this thread was started, when he promised me a CPU as payment for one of the remaining months of the contract. He claims it was sent February 16th, but it has not shown up yet. I have received about 200 packages from the US over the last 5 years and none have disappeared before. I also know the people working at the post office here and they say it is very rare for anything to be this slow through the mail. Seems like other people in the thread also have had problems with stuff not showing up through mail from Andrew.

Anyways, I ask you all to go back and look at the deals Andrew has made through this forum. Very many of them have ended in a big mess. Loans not paid back, packages "lost in the mail", the Astana mess, etc. Shakaru might be one of the guys who has scammed the community out of most money and for some reason people still do business with him.

With his latest offering you will be lucky if all he does is lose your money in an honest way through his "trading bot". I would ask for some serious proof of whatever he is doing with your money because he might end up just stealing it like he has done with our money. Either way after dealing with this guy and seeing how unprofessional he is, there is no way he will be able to make you any money. If anyone wants to bet, please send me a PM (and in contrast to Andrew, all the deals I have made here have been 100% smooth.)

[copumpkin]

I see that shakaru or Andrew is at it again with a new venture and I really think it is time for someone to warn people of doing business with him. I kind of feel bad for not posting this when the problems with him first started last fall. That way many of you might have been able to avoid this mess.

...

Thanks for putting this out there. Speaking of astana, he's back: https://bitcointalk.org/index.php?topic=67670.msg787933#msg787933

[MPOE-PR]

Andrew is trying to make us believe that he is only left with a few card because he was scammed by some other members on this forum and that a lot of the cards has been sent back for RMA. Is anyone here stupid enough to think he was scammed out of this much or that so many of his cards did not work?

This is a pretty solid point. Any way you count it he should have over one hundred cards not counting the 30-50 cpus mobos etc. Not ALL of this can be broken/stolen/burned, and even a conservative estimate means 10k-ish there.

I also mentioned in my previous post that I paid him $100 to have remote access to my mining rig. Once when it had been down for a couple of days I decided to try logging in. What I found was the rig mining happily away at Andrew's personal deepbit account. Got fed some excuses and promised everything would be taken care of...

Big deal, imo. And yes, something like this should be aired in public on the spot. Why not?

[shakaru]

Andrew is trying to make us believe that he is only left with a few card because he was scammed by some other members on this forum and that a lot of the cards has been sent back for RMA. Is anyone here stupid enough to think he was scammed out of this much or that so many of his cards did not work?

This is a pretty solid point. Any way you count it he should have over one hundred cards not counting the 30-50 cpus mobos etc. Not ALL of this can be broken/stolen/burned, and even a conservative estimate means 10k-ish there.

I also mentioned in my previous post that I paid him $100 to have remote access to my mining rig. Once when it had been down for a couple of days I decided to try logging in. What I found was the rig mining happily away at Andrew's personal deepbit account. Got fed some excuses and promised everything would be taken care of...

Big deal, imo. And yes, something like this should be aired in public on the spot. Why not?

Its not that all the cards and gpus were stolen or broken.

here is breakdown.

3 msi boads, 3 cpus, 3 2gbs dims of ram, 15 5830s and 2x 750w per every the 3 boards were to be housed by someone that I had trusted up until this point and now the hardware has gone with him. I felt that because he was coming out to help with SDM and local that I could have trusted him on the matter.

Then we had WiseOlOwl take off with a large amount of bitcoin that was to be cashed out and used to purchase hardware in person here in LA. This was to purchase 5 mobos, 25 cards, 5 cpus, ram, ect. This deal feel through when Owl disapeard. Also at this time Deslok purchased a large amount of fabric that was never delivered and no one has been able to get ahold of Alex from that point on.

User TerraformProjectAlpha sold us the origonal rigs that we used. The offer for sale was posted here on this form. At first we started off slow buying from him until we were at a point of purchasing the rest of his hardware. When the finial sale came, because of the bulk, I did not have time to setup all the machines and test them. When that did happen, we found 2 dead mobos, 4 missing cards and 5 more dead, almost all the powersupplies were dead and also not capable of running the machines. At this point I was told that he would RMA the hardware and get back to us. This never happend and we had 6 working machines out of 12. The unit sent to Desloc also could not run at full capacity. TerraformProjectAlpha real name is Nick and his work contact that we tried to call was a number that as disconnected.
After that, the hardware started to break down. I have a pile of dead PSUs, and 2 mobos that died out along with risers that mostlikly caused the issues.

To keep things going, I sold a few of the working 5830s to Amazingrendo (who also has been in the old SDM opperation when we were at 80% running) Good sales from him everytime. Yet the hardware that I purchased didnt go so well.

I had purchased from user ReganReckman 3 mobos, cards and 2 psus. When they arrived, I found that he had welded or glued or soemthing an Intel HSF to one of the chips, and that was still attached while shipped using the mobo box to hold it in place. This was smashed, the mobo dead on arrival and he cut the remaining price for the hardware off to make up for it, but it didnt fix the fact that the hardware was not as it was supposed to be. The 900w antec died a week or two later, and the 5850 was about 2 more weeks after that.

Then remember Hollie/Ninja? Never got my 5970 because, well, we know how that one ended.

Last. Paypal just sided with me last night on a charge back for the rigs I sent and sold to the UK. That brings my great paypal fund to -1300 atm.

Point is that I failed running SDM in every way but running it into the ground. We had 3 months were things didnt go so great, and then went from bad to worse.

[jamesg]

Ultimately it does not matter how we got to where we are. We are here.

Andrew needs to come up with a strategy to pay back his debts. At least this thread is started and he is cooperating. There is no reason to kick a man while he is down and I hope this thread is the helping hand Shakaru needs to stop lying and come up with a strategy that ultimately turns into FULL repayment of his debts.

[Bitsinmyhead]

Big deal, imo. And yes, something like this should be aired in public on the spot. Why not?

This happened very early when there had still not been any problems and I bought his excuse about how it had happened.

Gigavps: This is not about kicking someone who is down. This is about posting the facts and preventing shakaru from stealing more money from someone else. Had this been posted back in the fall when it should have been, a lot of people would not have lost their money. I guess everyone kept quiet because they were scared they would get nothing if they posted about it or would be called a liar. (Shakaru was paying a few bitcoins now and then if you really nagged him about it at that time).

You might believe the story shakaru is telling, but I really do not see how someone can be that unlucky to be scammed that many times for those amounts. Still it would not explain where the 100-150 5830 cards went... If he somehow was scammed this badly (which I really doubt), he is guilty of being a big fool who should never be in charge of running anything. I know there is a lot of scamming going on here, but I have made about 10 deals myself here and never had a problem until I bought this mining contract.

Shakaru also has very low credibility after never telling the truth about anything. Just go look in the other Shades Minoco thread. In early January he says he is just waiting for SoCal Edison to come fix his power and the rigs would be turned back on. He clearly did not have any rigs.

I repeat what I said earlier, if you steal $20 000, you are not a good guy who can be trusted if you pay back $2000 of them, in fact you should not be trusted even if you pay everything back. In the real world you go to jail for doing the stuff shakaru has done here.