Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

[El Cabron]

Come on guys, get organised. With all the available evidence to hand, there's not going to be a better opportunity than this, to put a mirror up against a psychopath who appears hell-bent on lying his way through life, to others around him, and himself. Given his age, there's even a chance he might even thank you, years down the line (well, gotta have hope eh!?).

yeah, $10,000 is more than enough to get this done. The other evidence can either be shared by me, or you can collect it yourself.

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[investr]

I just received a dividend announcement from Havelock saying:

The fund COG has announced a dividend!

Dividend Pay Date: 2014-04-21
Dividend: 0.00025841BTC/unit

Dividends will be paid out on the payment date shown

I noticed that that my balance and the total dividend multiplied by my units are not displayed, which are usually included in the email, so I log into Havelock to check things. I see my balance is 0.07134640, which I also think is strange because I thought my balance was around ~0.07 last week as well, so I check back to my last email from Havelock:

You have received a dividend payment from fund: COG
Your Units: 62
Dividend: 0.00023341BTC/unit
Total Dividend: 0.01447142BTC


Your new account balance is 0.07134640BTC

Therefore, I received a "new dividend" email today missing the usual stats, and my balance has remained unchanged, indicating that I did not receive any dividend at all.

I guess

Dividends will be paid out on the payment date shown

could mean that an announcement was posted and the funds will be dispersed later today, but that's still different from past activity and I don't know what the Havelock operator dashboard looks like.

Discuss.

[Cognitive]

Dear Cognitive Mining Holders,

   A formal update has been sent via Havelock, please view the updates tab of the asset page. Management has been transferred and liquidation is underway.

Best Regards

[jimmothy]

Dear Cognitive Mining Holders,

   A formal update has been sent via Havelock, please view the updates tab of the asset page. Management has been transferred and liquidation is underway.

Best Regards

16 CoinTerra Terraminer IV
6 BFL SC Single
2 number of GPU mining setups

Only 16 cointerra miners??

What happened to the "extra compensation" from cointerra and the ~100 btc raised from selling extra shares?

Smells like theft a SEC investigation to me.

[sporket]

"It has been a pleasure, we thank you for your involvement in Cognitive Mining and wish you the best in your other Bitcoin endeavors."

^ouch.

[El Cabron]

If anyone wants the tracking numbers of more than 16 CT units sent to Garr please message me a VALID e-mail address.

Thank you.

Edit: $10,000 is still available to anyone able and willing to place criminal charges against Garr for his crimes. If you need more than $10,000 let me know and we might be able to work something out. We should not let him run away to scam others later.

[investr]

Sorry Mentor Palokaj, but the contract does not state that the operator may transfer holdings.

Also, who the hell is Mentor Palokaj.

Also, Goat I sent you a valid email address. Two, technically.

Also, the dividend marked for today is still fake.

[elasticband]

Dear Cognitive Mining Holders,

   A formal update has been sent via Havelock, please view the updates tab of the asset page. Management has been transferred and liquidation is underway.

Best Regards

So i guess you will be liquidating these assets to yourself or a closely related mining company, ICEDRILL perhaps, canada based and who are hosting the cointerra machines for cognitive.

[El Cabron]

Sorry Mentor Palokaj, but the contract does not state that the operator may transfer holdings.

Also, who the hell is Mentor Palokaj.

Also, Goat I sent you a valid email address. Two, technically.

You needed to send me an e-mail address that could accept attachments. Your "temp" e-mail service was not acceptable and would not take my e-mail.

[investr]

Sorry Mentor Palokaj, but the contract does not state that the operator may transfer holdings.

Also, who the hell is Mentor Palokaj.

Also, Goat I sent you a valid email address. Two, technically.

You needed to send me an e-mail address that could accept attachments. Your "temp" e-mail service was not acceptable and would not take my e-mail.

I gave you my personal gmail address, too. The first email address was a throwaway from Mailinator but I did not realize you intended to send attachments. I'm sorry. Instead of communicating with me what you needed, you instead replied:

okay so i sent you all the info and you did not even send me a real e-mail address. is this a game to you? wtf?

and ignored my two replies after that. I'm still interested in the information, please use the personal gmail address I gave you.

[El Cabron]

Dear Cognitive Mining Holders,

   A formal update has been sent via Havelock, please view the updates tab of the asset page. Management has been transferred and liquidation is underway.

Best Regards

So i guess you will be liquidating these assets to yourself or a closely related mining company, ICEDRILL perhaps, canada based and who are hosting the cointerra machines for cognitive.

There are legal ways for a corporation to go into liquidation in the USA. Giving all of the assets to some random guy clearly is not legal. But should we expect more from Garr the scammer? We have let him steal so so much, why would he stop now? He will keep stealing and stealing until he is in jail.

[elasticband]

It's something to do with these guys - http://www.petamex.com/about

[elasticband]

02/06/2014 - 2 units shipped - I knew he had CT machines before he said he did.

[nwfella]

You have got to be kidding me!  This is just getting ridiculous at this point!

[elasticband]

just got sent a message.


"lol i think Garret accepted $3.3k per unit / 6.6btc - not sure yet - will be settled next week either way cause that would make 1 month / 30 days hosting for cog"

[Garr255]

Hello all,

Before signing off for the last time I just want to clarify a few things. The first being that I never stole from Cognitive Mining. The second being the 1 week delay in the hardware being online.
The reason for this: The initial CoinTerra boxes were sent to a Washington State datacenter who refused to bring them online without payment for an entire 1 megawatt of power consumption. I had plans to have 1mw+ of power online in November, hosting for a friend who made a large hardware purchase, so this should not have been a problem. Said purchase was delayed into May 2014 and the datacenter refused to set up temporary hosting so we had to scramble to find a place for them. Now they reside in Icedrill.
With regard to Goat: He and I did not reach any such settlement and he, yet again, is lying in order to stir things up. I simply do not have the funds to buy shares back; Even after I am compensated for the hosting when I paid for it out of pocket (as specified in the motion), I'm coming out of this with very little money at all.
The project was initially created because I am a computer geek who enjoys the idea of bitcoin mining, and is enthused by the technology that surrounds it. I did not start the company to make money (hence the minimal 10% cut), but in the spirit of education and knowledge.  At the time, I thought it was perfectly harmless and I was doing absolutely nothing wrong. I have learned a ton so far and I appreciate those who participated in the IPO enabling this project to get off the ground. For period of over a year Cognitive Mining was viewed as the best bitcoin mining project around. Taking into account the bitcoin price at the time of IPO, people who bought in then are over double in terms of USD at the current share price of 0.01 and bitcoin exchange rate of $500.
The success of this project has always been my priority, and I give my best to all who maintained a realistic presence throughout.

I wish everyone the best of luck going forward, and I apologize for the fact that things are ending in such a way.


Cognitive Mining LLC is no longer liable for any past or present action or involved in the management of this project in any way. It is fully within the rights of Cognitive Mining LLC to find a new operator and resign.

[Garr255]

I have not lied here and Goat has numerous times. Believe who you will.

[Cognitive]

All further correspondence with the new management shall be via email.

Thank you

[investr]

I'd like to note:

• That Garrett being compensated for paying the hosting out of pocket, and the entirety of the last two motions discussing this, was under dispute and in my opinion not truly resolved.
• His last post states he's walking away from this with [a little] money. How many of you are walking away from this with money?
• Financial statements have been promised for months and never delivered
• Goat has promised tracking numbers but has not delivered, at least to me.
• The last email states "former operator has transferred all of their COG holdings to Mentor Palokaj who will oversee the liquidation of the project". While it is in the contract that the operator can choose to liquidate, it is not in the contract that the operator can transfer "holdings" and I call into question the method/legality of this liquidation.
• Goat said Garret compensated lost share value from the 0.6/share range. Garret said he did no such thing. One of these two people is lying.

[investr]

Now that this thread has been unlocked I am moving some relevant posts over from the other thread.

garret agreed a deal with Mentor Palokaj to sell the cointerra machines at $3.3k per unit / 6.6 BTC.

Which if i understand correctly is pretty much the money cognitive is due as hosting for for 30 days?

message i was sent bellow, i asked if ICEDRILL were the new COG managment.

lol i think Garret accepted $3.3k per unit / 6.6BTC - not sure yet - will be settled next week either way cause that would make 1 month / 30 days hosting for cog