Official AMT Thread round 3: Future Plans.

[AMT_miners]

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review.  

Regarding FBI claims, FTC claims and the PA Attorney General, we have been in contact with all of them and we are going to work with them very closely now. And we're excited about that.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

We will lay out our 3 month compensation and business plan shortly.

[1715264661]

1715264661

[AMT_miners]

Simple but effective plan to improve AMT, and make our customers whole.

1st. Improve AMT's image via small amounts of PR and marketing.
2nd. Restructuring AMT's current business model.  
3nd. Sell efficient miners to specific target ground in both US and Intl markets.
4rd. Expand core services and products for distribution or resale via AMT.
5rd. Attribute 30% of any new profit to the "refund fund".
6th. Distribute refunds to clients.
7th. Grow AMT utilizing our current lean manufacturing model.

AMT's production chain/network applies principles of lean manufacturing, quick turn build to order production and direct shipment from our manufacturers in Asia. These principles aim to minimize parts inventories by requiring suppliers to restock specific (time consuming) parts only, like heatsink extrusions or case fabrication and only as needed. Continue to improve production via modular/universal casing adapting global industrial standards to our equipment. Continue to reduce costs by acquiring location based manufacturers or suppliers of parts in order to save on logistics. Exp. Make heat sinks in Turkey instead of shipping 200kgs of aluminum from china. Emphasize on AMT's build to order focal point as well as product customization and OEM production, as well as a central point for direct sales, logistics,  procurement and delivery. Improve customer service via third party support teams. Work closely with high speed US brass factories, provide erudition as we get squared away.  We'll elaborate more on this, but that is our general strategy. We hope those of you which support AMT will continue to do so and help us along the way. It's not easy for any company to deal with what we've dealt with, but we're sticking to our goals and will continue build AMT with the ultimately goal of making all of our initial customers feel whole.

[RoadStress]

So you kept customer's money for how many months? Are you returning any interest on their money?

Actually we ran out of money in June. Josh took a loan from a friend to deliver the miners, some of the refund money came from that. In general we're broke, but we're still gonna try. Yes if possible we will try to include interest on their returns.

Why or how come did you ran out of money? Why not apply for bankruptcy?

[AMT_miners]

So you kept customer's money for how many months? Are you returning any interest on their money?

Actually we ran out of money in June. Josh took a loan from a friend to deliver the miners, some of the refund money came from that. In general we're broke, but we're still gonna try. Yes if possible we will try to include interest on their returns.

Why or how come did you ran out of money? Why not apply for bankruptcy?

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

[RoadStress]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

What happened with the IMET money? Did you recover anything? If not then why?

[AMT_miners]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

What happened with the IMET money? Did you recover anything? If not then why?

The IMET proceedings are still on going. The priority was the class action not the IMET suit. If you only have X for legal, you spend X on the most immediate concern. When the class action has come to a resolve, the IMET proceedings will continue.

[opieum2]

I formally request you remove ALL my personal information (name, address and work information) from  ALL ofyour posts. It is LIBELOUS and your statements regarding the skype chats are false. They are real chats. Please consider this an FORMAL request. If it is not done in 24 hours I will be forced to take escalated legal actions as I am under NDA's and your disclosure was done without my consent OR me volunteering said info to you the discovery of which would have been illegal on your part. please note that this has been archived due to your constant censorship. This will include immediate retractions of the threats you have posted against me and others on this forum AND official apologies for said threats, IF you are looking to mend fences, this would be a start.

Regards.

[NotFuzzyWarm]

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review.  

Regarding FBI claims and the PA Attorney General, we have been in contact with them and we are going to work with them very closely now. And we're excited about that.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

We will lay out our 3 month compensation and business plan shortly.

Oh Josh.. you seem to have forgotten just who made that chat room - ME. EVERYTHING POSTED THERE IS 100% ACCURATE. For those who need a refresher course in reality, here you go:
http://bit.ly/1s7U2Yb

[opieum2]

Frankly if you want to move forward, stop attacking us...me in particular. I would have let this go if your attempt was not one to provoke....I actually have not posted anything about you in a few days now, so you claim that I do this daily  is false, and libelous on your part. If you wish to continue this, I will be happy to...otherwise as requested remove ALL references in ALL of your posts with my name in it. You have also acted illegally in putting out my personal information on the internet, yours as CEO of a company is a matter of public record which is in your various documents, mine is not. I don't know your angle here, but whatever it is, remove my info. This is a final warning.

[AMT_miners]

I formally request you remove ALL my personal information (name, address and work information) from  ALL of your posts. It is LIBELOUS and your statements regarding the skype chats are false. They are real chats. Please consider this an FORMAL request. If it is not done in 24 hours I will be forced to take escalated legal actions as I am under NDA's and your disclosure was done without my consent OR me volunteering said info to you the discovery of which would have been illegal on your part. please note that this has been archived due to your constant censorship. This will include immediate retractions of the threats you have posted against me and others on this forum AND official apologies for said threats, IF you are looking to mend fences, this would be a start.

Regards.

Tony Serrata. Just as you have dedicated your days to ruining our name and our business, we figure why not. We formally request that you remove all the crap you've said about AMT, Josh or any opinions you may have had whether good or bad. If you're looking to mend fences, this would be a good place to start Tony Serrata. By the time we're done with our version of an SEO slander, Liz is going to be so pissed at you that.. we'll who knows man. Start deleting Tony, the clock is ticking.  

[dogie]

I actually have not posted anything about you in a few days now, so you claim that I do this daily  is false, and libelous on your part.

.... That's a bit of a stretch.

[AMT_miners]

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review.  

Regarding FBI claims and the PA Attorney General, we have been in contact with them and we are going to work with them very closely now. And we're excited about that.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

We will lay out our 3 month compensation and business plan shortly.

Oh Josh.. you seem to have forgotten just who made that chat room - ME. EVERYTHING POSTED THERE IS 100% ACCURATE. For those who need a refresher course in reality, here you go:
https://sites.google.com/site/hpulhp/home/files/AMT-NDA%20Room%20chats%20to%20date%20names%20REDACTED%20.pdf?attredirects=0&d=1

We've always liked you Rich, but if that were a true skype chat wouldn't you be in breach of your NDA? And no one cares about 200 pages of a bullshit skype chat where you and tony are doing most of the talking. Really, who cares? All of the 156 clients that we have? The micro community that's left on this forum?  Again Rich, with respect please do stay out of these distractions or arguments. Ja is there no relief for the son of a window?

[opieum2]

I actually have not posted anything about you in a few days now, so you claim that I do this daily  is false, and libelous on your part.

.... That's a bit of a stretch.

Actually I havent notice that all I have done is respond to others posts. But mainly I have been in other threads. Either way they have posted libelous comments on me as they made VERY false claims. Claiming I did high level work for the government and then doxxing my address, puts me in very real physical danger.

[AMT_miners]

I actually have not posted anything about you in a few days now, so you claim that I do this daily  is false, and libelous on your part.

.... That's a bit of a stretch.

Actually I haven't notice that all I have done is respond to others posts. But mainly I have been in other threads. Either way they have posted libelous comments on me as they made VERY false claims. Claiming I did high level work for the government and then doxing my address, puts me in very real physical danger.

No one is threatening your physical well being. Just your online reputation. Things your boss might look at. Or someone evaluating you for a job over the next few months. You have 24 hours to remove everything. Otherwise when they google Tony Serrata it's going to look exactly like it does when they google Joshua Zipkin. Hope the money was worth it pal.

[NotFuzzyWarm]

<snip>

Oh Josh.. you seem to have forgotten just who made that chat room - ME. EVERYTHING POSTED THERE IS 100% ACCURATE. For those who need a refresher course in reality, here you go:
https://sites.google.com/site/hpulhp/home/files/AMT-NDA%20Room%20chats%20to%20date%20names%20REDACTED%20.pdf?attredirects=0&d=1

We've always liked you Rich, but if that were a true skype chat wouldn't you be in breach of your NDA? And no one cares about 200 pages of a bullshit skype chat where you and tony are doing most of the talking. Really, who cares? All of the 156 clients that we have? The micro community that's left on this forum?  Again Rich, with respect please do stay out of these distractions or arguments. Ja is there no relief for the son of a window?

You mean the NDA that you never signed? Takes more than one party to make an agreement bucko. Yes the chat room is 100% true and no I am not in violation.
That aside, the real IP points are all in the pm chats which even though am NOT legally bound to keep sealed I will keep private. (remember? You never signed anything?) Professionalism and all that ya know? Scratch that - you wouldn't.

[opieum2]

I formally request you remove ALL my personal information (name, address and work information) from  ALL of your posts. It is LIBELOUS and your statements regarding the skype chats are false. They are real chats. Please consider this an FORMAL request. If it is not done in 24 hours I will be forced to take escalated legal actions as I am under NDA's and your disclosure was done without my consent OR me volunteering said info to you the discovery of which would have been illegal on your part. please note that this has been archived due to your constant censorship. This will include immediate retractions of the threats you have posted against me and others on this forum AND official apologies for said threats, IF you are looking to mend fences, this would be a start.

Regards.

Tony Serrata. Just as you have dedicated your days to ruining our name and our business, we figure why not. We formally request that you remove all the crap you've said about AMT, Josh or any opinions you may have had whether good or bad. If you're looking to mend fences, this would be a good place to start Tony Serrata. By the time we're done with our version of an SEO slander, Liz is going to be so pissed at you that.. we'll who knows man. Start deleting Tony, the clock is ticking.  

Except in doing so you have again violated US privacy laws as a business owner. So the impetus is on you to remove the info first.

[opieum2]

Fact is this post is not about anything but attacking me. What future plans have you detailed? So far it's been about attacking me. And now you have put my wife in the crosshairs as well.

[AMT_miners]

<snip>

Oh Josh.. you seem to have forgotten just who made that chat room - ME. EVERYTHING POSTED THERE IS 100% ACCURATE. For those who need a refresher course in reality, here you go:
https://sites.google.com/site/hpulhp/home/files/AMT-NDA%20Room%20chats%20to%20date%20names%20REDACTED%20.pdf?attredirects=0&d=1

We've always liked you Rich, but if that were a true skype chat wouldn't you be in breach of your NDA? And no one cares about 200 pages of a bullshit skype chat where you and tony are doing most of the talking. Really, who cares? All of the 156 clients that we have? The micro community that's left on this forum?  Again Rich, with respect please do stay out of these distractions or arguments. Ja is there no relief for the son of a window?

You mean the NDA that you never signed? Takes more than one party to make an agreement bucko. Yes it 100% true and no I am not in violation.
That aside, the real IP points are all in the pm chats which even though am NOT legally bound to keep sealed (remember? You never signed anything?) I still am. Professionalism and all that ya know? Scratch that - you wouldn't.
[/quote]

It was signed by us and exists in our attorney's records. And while we need to work on professionalism, that is for sure, we still do respect you Rich, and we felt above all people you'd understand our actions as of lately. See Rich you've inspired greatness.

[AMT_miners]

Fact is this post is not about anything but attacking me. What future plans have you detailed? So far it's been about attacking me. And now you have put my wife in the crosshairs as well.

Who's attacking who?  Why don't you delete everything, shut up and play your video games. See we're on their side now. And without your connections and introductions it never would have happened.

[NotFuzzyWarm]

<snip>

Oh Josh.. you seem to have forgotten just who made that chat room - ME. EVERYTHING POSTED THERE IS 100% ACCURATE. For those who need a refresher course in reality, here you go:
https://sites.google.com/site/hpulhp/home/files/AMT-NDA%20Room%20chats%20to%20date%20names%20REDACTED%20.pdf?attredirects=0&d=1

We've always liked you Rich, but if that were a true skype chat wouldn't you be in breach of your NDA? And no one cares about 200 pages of a bullshit skype chat where you and tony are doing most of the talking. Really, who cares? All of the 156 clients that we have? The micro community that's left on this forum?  Again Rich, with respect please do stay out of these distractions or arguments. Ja is there no relief for the son of a window?

You mean the NDA that you never signed? Takes more than one party to make an agreement bucko. Yes it 100% true and no I am not in violation.
That aside, the real IP points are all in the pm chats which even though am NOT legally bound to keep sealed (remember? You never signed anything?) I still am. Professionalism and all that ya know? Scratch that - you wouldn't.

It was signed by us and exists in our attorney's records. And while we need to work on professionalism, that is for sure, we still do respect you Rich, and we felt above all people you'd understand our actions as of lately. See Rich you've inspired greatness.

[/quote]
Strange, the original copy I have from you has no signature from you or your representative(s).
Nor did you return to me a signed copy of the amended NDA I prepared which is the one that bears my signature. Without formal acknowledgement of the amendment it remains unenforceable by either party.

[AMT_miners]

Oh Josh.. you seem to have forgotten just who made that chat room - ME. EVERYTHING POSTED THERE IS 100% ACCURATE. For those who need a refresher course in reality, here you go:
https://sites.google.com/site/hpulhp/home/files/AMT-NDA%20Room%20chats%20to%20date%20names%20REDACTED%20.pdf?attredirects=0&d=1

We've always liked you Rich, but if that were a true skype chat wouldn't you be in breach of your NDA? And no one cares about 200 pages of a bullshit skype chat where you and tony are doing most of the talking. Really, who cares? All of the 156 clients that we have? The micro community that's left on this forum?  Again Rich, with respect please do stay out of these distractions or arguments. Ja is there no relief for the son of a window?

You mean the NDA that you never signed? Takes more than one party to make an agreement bucko. Yes it 100% true and no I am not in violation.
That aside, the real IP points are all in the pm chats which even though am NOT legally bound to keep sealed (remember? You never signed anything?) I still am. Professionalism and all that ya know? Scratch that - you wouldn't.

It was signed by us and exists in our attorney's records. And while we need to work on professionalism, that is for sure, we still do respect you Rich, and we felt above all people you'd understand our actions as of lately. See Rich you've inspired greatness.

Strange, the original copy I have from you has no signature from you or your representative(s).
Nor did you return to me a signed copy of the amended NDA I prepared. Without formal acknowledgement of the amendment it remains unenforceable by either party.

Not to be a dick, but we did send you a few packages with corrupt boards, testing materials and everything else right?

[NotFuzzyWarm]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try. If your thinking that constitutes formal acknowledgement of contract - it doesn't.

[AMT_miners]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

[NotFuzzyWarm]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

[AMT_miners]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done when our glorious customers are purposely ruining our reputation everyday, despite receiving their miners?

[NotFuzzyWarm]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done?

Been honest and open about the situation with the customers. I would have stopped all further sales as soon as the mfg problems arose. In the end if needed, file for reorganization or bankruptcy.

Yes for a while at least you were truly scrambling to make something out of this mess and a Tip of the Visor to that but - it still does not excuse your egregious violations of legally mandated Customers Rights.

[opieum2]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done?

Figure out a way to make it right. You instead opted to dox people who called you out. Not just me, clenell, mrpark. I was even helping you figure out ways to make it right BUT then you stated you kept making excuses and looking for ways around getting out of it. Hence my reasons for acting against you.

[AMT_miners]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done?

Been honest and open about the situation with the customers. In the end if needed, file for bankruptcy.
Yes for a while at least you were truly scrambling to make something out of this mess and a Tip of the Visor to that but - it still does not excuse your egregious violations of legally mandated Customers Rights.

Saying a client's name on a forum once or twice while he says the names of our employees hundreds of time does not violate customer rights. Anyway, we're beyond that. He has 24 hours to delete his crap or his reputation online may be affected. But please know, it will not be any AMT staff, affiliated person, or hired resource of AMT. Just someone that really doesn't like him and how he's treated AMT. You all already know him anyway.

[AMT_miners]

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done?

Figure out a way to make it right. You instead opted to dox people who called you out. Not just me, clenell, mrpark. I was even helping you figure out ways to make it right BUT then you stated you kept making excuses and looking for ways around getting out of it. Hence my reasons for acting against you.

You were a mole Tony, you admitted it several times and it was obvious since June. We acted accordingly. Why don't you find a hole like the mole that you are and crawl into it and hibernate for the winter. And let us address the community with out plan of action.

[opieum2]

Once in a while at all violates privacy laws. If it was at all legal then various doxxes by buisnesses would be legit. BUT they are not. They were fined heavily for those breaches. FTC heavily regulates it. #ASKFTC

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done?

Been honest and open about the situation with the customers. In the end if needed, file for bankruptcy.
Yes for a while at least you were truly scrambling to make something out of this mess and a Tip of the Visor to that but - it still does not excuse your egregious violations of legally mandated Customers Rights.

Saying a client's name on a forum once or twice while he says the names of our employees hundreds of time does not violate customer rights. Anyway, we're beyond that. He has 24 hours to delete his crap or his reputation online may be affected. But please know, it will not be any AMT staff, affiliated person, or hired resource of AMT. Just someone that really doesn't like him and how he's treated AMT. You all already know him anyway.

[opieum2]

Really? Where did I admit such? Again PROOF!!!! Quote me!!! Because I stated it it must be shown. And you must have seen it so QUOTE ME!!! #ASKFTC

Yep and anytime you want them back feel free to pick them up. Considering your history on accepting returns not even going to try.

Rich, pretty hostile these days.

Hostile ? No.
For obvious reasons I have strong sympathies to the Business World but I also have very strong business morals. (and no that is not an oxymoron) At almost every turn you have dismissed the notion that customers are Customers. With a big 'C'. Regardless of outside circumstances one does not screw them over, post personal information, etc.

We ran out of money. What would have you done?

Figure out a way to make it right. You instead opted to dox people who called you out. Not just me, clenell, mrpark. I was even helping you figure out ways to make it right BUT then you stated you kept making excuses and looking for ways around getting out of it. Hence my reasons for acting against you.

You were a mole Tony, you admitted it several times and it was obvious since June. We acted accordingly. Why don't you find a hole like the mole that you are and crawl into it and hibernate for the winter. And let us address the community with out plan of action.

[RoadStress]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

What happened with the IMET money? Did you recover anything? If not then why?

The IMET proceedings are still on going. The priority was the class action not the IMET suit. If you only have X for legal, you spend X on the most immediate concern. When the class action has come to a resolve, the IMET proceedings will continue.

But I thought that the class action was the result of the IMET thing. Why didn't you start with IMET proceedings before the class action?

[AMT_miners]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

What happened with the IMET money? Did you recover anything? If not then why?

The IMET proceedings are still on going. The priority was the class action not the IMET suit. If you only have X for legal, you spend X on the most immediate concern. When the class action has come to a resolve, the IMET proceedings will continue.

But I thought that the class action was the result of the IMET thing. Why didn't you start with IMET proceedings before the class action?

The class action was filed on April 2nd, we still had issues with IMET's productions as well as and promises of success from them as well. The IMET case was filed sometime in May, because we were dealing with the beginning proceedings of the class action. If the class action never exsisted we would have only sued IMET, we would have won and went to China two months earlier and everyone would have received their miners.

[NotFuzzyWarm]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

What happened with the IMET money? Did you recover anything? If not then why?

The IMET proceedings are still on going. The priority was the class action not the IMET suit. If you only have X for legal, you spend X on the most immediate concern. When the class action has come to a resolve, the IMET proceedings will continue.

But I thought that the class action was the result of the IMET thing. Why didn't you start with IMET proceedings before the class action?

The class action was filed on April 2nd, we still had issues with IMET's productions as well as and promises of success from them as well. The IMET case was filed sometime in May, because we were dealing with the beginning proceedings of the class action. If the class action never exsisted we would have only sued IMET, we would have won and went to China two months earlier and everyone would have received their miners.

*that* bit I do more or less agree on. The Class action was started much to soon which is why Opeium2 and I were pushing against it early on when there was a glimmer of hope that the design and mfg issues could be resolved.

[mrpark]

I am trying to keep my cool these days, and only focusing on the facts.

Yes, it is true I did get a miner. While it doesn't mine at 1.2 Th/s, it mines at 1 Th/s which is true. 200 Mh/s is not going to make me a millionaire, so in the scope of everything the difference in speed is not that significant.

Let's all ask ourselves, what is the reason customers purchased these Bitcoin miners? The reason was to make a profit! Or, at least break even in the worst case scenario.

While true we did get 1T miners, they don't come any where near being profitable. At 1Th/s that's about $1,300 a year, so with difficulty rising we will never ROI at that rate. (I originally paid $6,000 for this miner)

That being said, I don't want to battle with AMT_miners, I would just like to continue to request a refund.  

Thank You for addressing the matter with your plan. Anything you can do AMT_miners would be appreciated.

[opieum2]

Probably a more sensible way of handling it. But what plan are you referring to? I did not see any real detail on what they plan to do. It seems like the same old words with no substance behind it in my opinion. All he did was come on here to attack me. There are other angry people who are doing lots worse. I am pointing all the info to that. He does not like that. All I ever wanted was a refund or compensation via MPP as they advertised #askftc

In reality if I got my initial investment back, that would have been satisfactory and would solve all of this. I walk away and thats that. 

I am trying to keep my cool these days, and only focusing on the facts.

Yes, it is true I did get a miner. While it doesn't mine at 1.2 Th/s, it mines at 1 Th/s which is true. 200 Mh/s is not going to make me a millionaire, so in the scope of everything the difference in speed is not that significant.

Let's all ask ourselves, what is the reason customers purchased these Bitcoin miners? The reason was to make a profit! Or, at least break even in the worst case scenario.

While true we did get 1T miners, they don't come any where near being profitable. At 1Th/s that's about $1,300 a year, so with difficulty rising we will never ROI at that rate. (I originally paid $6,000 for this miner)

That being said, I don't want to battle with AMT_miners, I would just like to continue to request a refund.  

Thank You for addressing the matter with your plan. Anything you can do AMT_miners would be appreciated.

[Syke]

The IMET case was filed sometime in May

What's the case number?

[NotFuzzyWarm]

it's most likely buried in the 2nd closed thread somewhere or the first closed one. Do a Forum search on it?
I may have something on it in my chats with Joshua Zipkin, will look there later.
And again - if I find/post it ah, someone should remember it is Public Record and only will be the actual filing link.

[clenell]

ohhh poor josh. you must have realized you are destined to fail at whatever you try so why not come back to this forum? zipkin, you wouldnt know the truth if ti stepped behind you and fucked you in the ass. you have never told the truth - not once. you are a con artist and nothing more. i have more in store for you i'm just restrained a little for the time being. i have not forgot you stole $6,000 dollars from me. i went to las vegas to see you zipkin but your fat ass didnt show.

good people of bitcointalk... if you purchase a miner from AMT miners be warned. you will receive used equipment 12 months later and pay 10x the value.

[opieum2]

Since so many of the customers on here are not speaking up for themselves, I figure they can I am giving Josh an out as I am tired of this nonsense. But I did get screwed of 11k. I am not letting that go until I get that back. But if noone else wants to fight for their money, thats on them. People should be speaking up but few do. I am tired of doing it for those who are not willing to fight back for themselves. This man took your money and some of you still have not received hardware from what I have been told.

OPEN Letter to Joshua Zipkin AMT_Miners:

You know what Josh? You want this all fixed? Fine. There are a ton of unhappy customers, but a few are speaking up for themselves any more. I am not going to keep at that if they are unwilling to do anything for themselves either, I'll keep it simple. I am not going to do their job for them. They want their money back then its on them, they have the info they need to proceed how they wish.

I am tired of all this crap. I will agree to remove ALL of my posts about AMT ONLY if the following conditions are met first as you have shown you are not a man of your word (everyone here can show that with ease I won't):
-give me my refund by wire the same way I wired info, none of this check is in the mail crap (THAT must happen first because you have consistently proven you are not a man of your word),
-I will return ALL your machines even the broken ones you never took back and the two 800-900Ghs machines you sent me (at your expense not from my refund)
-and finally if you remove ALL references of my name, work history and references about me from ALL of your posts. That simple.

The benefit to you? One less vocal unhappy customer to deal with, ALL your obligations with me are fulfilled once those conditions are met and I have no further cause to come at you in any shape or form. Benefit to me? Peace of mind. If you are just in this to be vindictive then you have proven everything everyone has said about you. Think about that carefully. For your part it will just lead to start clearing the slate for you. You get a chance to start over honestly if you really want to. And seeing as I posted it publicly it is out there now. Your choice.

If you cannot do those things, then we can keep at this for whatever it's worth. The difference is I am just posting the truth about you on here. I am honesytly tired of this drama. All I wanted were two working miners in March as you promised. You lied repeatedly about thier delivery and working condition. And then are now resorting to spreading lies about me.

This makes everything simple. Now if you want to keep at it. That's on you. I am prepared to address it and keep going. I have other legal options on the table to more decisively address this, but to be honest my time is better spent in other pursuits, video games among them I imagine you have other pursuits as well you want to go at.

PS for someone who claims they don't care about me your opening post really seemed to focus ALOT on me.

[Gleb Gamow]

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review.  

Regarding FBI claims, FTC claims and the PA Attorney General, we have been in contact with all of them and we are going to work with them very closely now. And we're excited about that.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

We will lay out our 3 month compensation and business plan shortly.

If anybody believes Joshua Zipkin's claim that the Skype logs are nothing but a fabrication by whomever, then by all means order from this fuck, for you're just as delusional as he is - perhaps more!

[clenell]

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review.  

Regarding FBI claims, FTC claims and the PA Attorney General, we have been in contact with all of them and we are going to work with them very closely now. And we're excited about that.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

We will lay out our 3 month compensation and business plan shortly.

no clients have been refunded. NOT A SINGLE CLIENT.

[rik_khaos]

Saying a client's name on a forum once or twice while he says the names of our employees hundreds of time does not violate customer rights. <snip>

Actually yes it does.
You as CEO of AMT and you employees names are part of Public Record. While business have a lot of freedom in their actions releasing customer information is NOT part of that. They are also expressly forbidden doing that under threat of very specific legal rules and penalties. I don't care if Opeium2 claims to have pictures of you tap dancing midtown in a tutu. As a business and business owner all you are allowed to do is refute the claims with TRUTHFUL evidence to the contrary.

Actually, it never has stated anywhere legally that Josh is the CEO btw. But yes you are correct about common business practices.

Wow so you lied to the court?

https://drive.google.com/file/d/0B_er85osA9tfN2JnM0hUSlVMT1U/view?usp=sharing

Josh's declaration to the court. Signed by Joshua Zipkin AMT President and CEO.

Court documents are public record and definitely legal documents.

[NotFuzzyWarm]

yep. He states his ownership and position in line-1 of the declaration.

[whonesta]

ROFLMAO, Really? Get Bent AMT NO ONE wants your GARBAGE!

[rik_khaos]

Josh and his people tell so many lies they can't keep them straight. Perhaps we should alert the judge that he was lying in his sworn declaration. That or he's lying now. Either way you shouldn't be making false statements to customers.

It's funny because I recall josh saying he beat the class action months ago. Looks like it's just another AMT lie.

Besides he didn't even deliver my miner in a functioning manner. It had no PSU and one board has already stopped working. They've not answered my e-mails about getting a PSU (that I paid for) or the warranty since the board is covered under their terms of sale.

This is just a last ditch effort to save face. Sadly for them it's not working. He's claimed they were still selling for months after April now he says they weren't how can you believe anything this company types?

[RoadStress]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

Isn't that a somehow big amount for chips only? They are the cheapest component. You got a terrible deal on the chips imo!

[Gleb Gamow]

Looks like our pal, Joshua "Fuzznuts" Zipkin, is planning on opening an exchange: https://bitcointalk.org/index.php?topic=830545

Somebody quote this post please.

~Bruno Kucinskas

[whonesta]

Looks like our pal, Joshua "Fuzznuts" Zipkin, is planning on opening an exchange: https://bitcointalk.org/index.php?topic=830545

Somebody quote this post please.

~Bruno Kucinskas

Yeah that will work..  NOT. FYI ALL morons who think they can just show-up and create vapor-ware or the next GOX, just shoot yourself in the face. Save us all sometime and money, + you would be doing the EARTH a favor. Do IT, just DO IT!

[dogie]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

Isn't that a somehow big amount for chips only? They are the cheapest component. You got a terrible deal on the chips imo!

Not usually :/

[opieum2]

Looks like our pal, Joshua "Fuzznuts" Zipkin, is planning on opening an exchange: https://bitcointalk.org/index.php?topic=830545

Somebody quote this post please.

~Bruno Kucinskas

Ahh well that explains the sudden smear campaign against me. He is looking to get ahead of it to discredit me with false statements. If the exchange thing is really him then damn. Well the sudden blitz against me kinda makes sense now. Oh well. Like I said my offer stands.

I really am curious to see what Josh/AMT_miners will have to say.

[opieum2]

My response to AMT's clear attack post directed at me...have no clue still what the original point was supposed to be. But it might have just been to attack me. As I said. IF AMT wants to fix all this they have the choice to DETAIL their refund plan instead of just screwing us around with more vague talk of shortly and this and that with no details as to what they are going to actually do.  

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Great....we all look forward to the details. And a bit hostile is an understatement. Honestly if you had stopped right here I would have left it alone. But you chose to go at me personally.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review.  

Ok it's under review, great. Let's see where this goes. It also assumes you were honest about your finances. Won't go into that more than that statement.

Regarding FBI claims, FTC claims and the PA Attorney General, we have been in contact with all of them and we are going to work with them very closely now. And we're excited about that.


I am sure you are. You made a detailed death threat to someone else in this forum. That has it's own issues you need to address. You also claimed we are investors in your company. There is alot more to that statement than you realize.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

Because you are renowned for your sense of honesty and  honor right? Never lied once? so people take you at your word?
If you don't give a shit about the chats OR me why bring  it or me up at all? And fact of the matter it was not me who leaked them in the first place. And I did not post them up the second time in the FULL dox of the chats. I mirrored them but only because I believe in transparency. For better or worse the decision was made to put up the WHOLE content and people can read things IN CONTEXT.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

I don't sell ANYTHING so umm take your meds or something. Find something I am selling...you are now the one spreading lies. And scared is not the word I would use. Angry yes. You have 11k you took from me and gave me back crap of a miner that cant mine at its stated speeds. I am not the only one with this experience for those who have them (seems a number of people do not yet from posts here).
I post on a daily basis for one reason only. TO remind people that you took from them. Now most of them are not speaking up and I made a proposal that takes me off the board. BUT that is on you to decide if its worth it. You can read more in my previous post if you so choose. I told you there is an easy way to fix this. At this point since the bulk of the people are decent people, they want to not rock the boat. You are not a decent person, and I am not afraid to get in the mud and deal with you as you have been dealing with us. Hence why I am here posting every day to remind you to do the right thing and refund us. Until you show some kind of actual plan on the refund, its all just crap. As whatever settlement you would make would be court mandated, my offer would be null and void, BUT if you did it of your own free will, then yea I would back off totally as you fulfilled your obligations.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Then what is all that stuff on http://amtminers.com for? clearly you have hardware to sell or you would not have posted it up. And you stated a few posts ago in the users thread that I helped you sell ALOT. So which is it? Again your story does not add up.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

Open about what? All you did was attack me. That is the ONLY open thing about this post. You want more money yet you apparently started an exchange? You obviously had money to buy a facility in China (your claim) you have money to start 50TH farms, you have money to travel around the world and speak at insidebitcoins conferences (eastern europe conference), so you must have money coming from somewhere to make these things happen. And yet you are claiming the sympathy thing from people while there are people who's money you took to fight your legal battles, and travel and buy up more facilities. According to your OWN webpage you have 3 addresses. Jenkintown, Sofia, BG and Shenzen, China. Those can be costly. Oh and starting an exchange huh? Not sure how accurate that is BUT if it is....damn. you got a serious problem on your hands. Not from me of course. You need to account for how much money you have in cold storage to account for what you will be exchanging. Kind of like insurance. Otherwise why should anyone trust you any more than they do MtGox?

We will lay out our 3 month compensation and business plan shortly.
Define shortly? The plan would be good. Again it would go a LONG way to reestablishing any kind of credibility. I would back off knowing you are at least making it happen. But until you got details on this, it's just more talk that we have heard before. I know I am not the only one who feels this way.

[opieum2]

I formally request you remove ALL my personal information (name, address and work information) from  ALL of your posts. It is LIBELOUS and your statements regarding the skype chats are false. They are real chats. Please consider this an FORMAL request. If it is not done in 24 hours I will be forced to take escalated legal actions as I am under NDA's and your disclosure was done without my consent OR me volunteering said info to you the discovery of which would have been illegal on your part. please note that this has been archived due to your constant censorship. This will include immediate retractions of the threats you have posted against me and others on this forum AND official apologies for said threats, IF you are looking to mend fences, this would be a start.

Regards.

Tony Serrata. Just as you have dedicated your days to ruining our name and our business, we figure why not. We formally request that you remove all the crap you've said about AMT, Josh or any opinions you may have had whether good or bad. If you're looking to mend fences, this would be a good place to start Tony Serrata. By the time we're done with our version of an SEO slander, Liz is going to be so pissed at you that.. we'll who knows man. Start deleting Tony, the clock is ticking.  

Oh I thought I would point out, you are actually admitting that you plan on "slandering" me? You have openly admitted this. And its been recorded for posterity.

IF you indeed are planning on refunding everyone EVERYONE that includes me, then there is no need to keep this up. The community can vet you or deal with whatever thing you got next. My whole goal was to make things right with them and of course for myself. But if out of a sense of sheer vindictiveness you feel the need to continue making this a thing, then  you are putting yourself in a much worse situation. And that does not help your reputation any further. Do you REALLY want to go this route?

You have OPENLY admitted which again is YET another threat AND a violation of legal protections I have as it is AMT_Miners making this admission making both Joshua Zipkin CEO of AMT miners AND the corporation (as if in the event it is not Joshua Zipkin he would have had to sign off on such a statement from an authorized representative on such an account) to begin such a smear job. Since that is exactly what you are threatening I will treat it any actions as such from you.

Your identity is a matter of public record as you are the CEO of the corporation that took money from its clients. You were outed and exposed WAY before I even got involved. The SEO thing was already there and the posts that directly reference you were not even started by me. In fact most of them were started by you and its the comments people made that screwed you. So not sure how I am at fault for your SEO tactics. You really are like that down syndrome kid in south park who tries to do terrible things to people and it all backfires on him. MIMSY!!!!

[NotFuzzyWarm]

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.

Isn't that a somehow big amount for chips only? They are the cheapest component. You got a terrible deal on the chips imo!

Actually the amount spent for chips is right and even after the initial runs the chips are *not* the lowest cost parts by a long shot. The only thing missing from that budget break down is development cost of the rigs themselves. Ya know, general system layout, case design, a properly designed hashboard layout, testing...

It is missing for good reason: Bitmine.ch was supposed to do that. Systems from Josh were based on their lead. We know how things went for Bitmine.ch's own direct customers... And while all hell was breaking loose, Innosilicon quietly sat back taking notes for a month or so seeing the problems. They made damn sure not to repeat the terrible design choices Bitmine.ch used...

For any 1st production run of chips there is always a massive premium on them to recoup the very considerable amounts spent on design, respins and production setup costs charged by the chip foundry (in this case GlobalFoundries). Hell, look at prices for the newest Intel or AMD cpu's for a good example of that. Now once demand is proven and production ramps up or is at least sustained - then prices drop like a stone.

Again - cpu's or better yet  Bitmain s1's. Initial cost for one was well over $2k (and why the A1 chip rigs and BFL's Monarchs looked to be one heck of a deal). Bought my first s1's @ $750 each in mid March and the last ones I got for around $250.

[NaranKPatel]

Dear AMT fans and foes,

We realize that some of our clients who have received their machines are feeling a bit hostile. We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner. We'll do our best to compensate clients their full loss.  Some clients have already been refunded, and we're doing the best we can every week.

Regarding the class action, we are in discovery processes. This is where plaintiffs counsel reviews all of our information, write a response and gives it to the judge to review. 

Regarding FBI claims, FTC claims and the PA Attorney General, we have been in contact with all of them and we are going to work with them very closely now. And we're excited about that.

Regarding these skype chats that they are throwing around this forum, we'll still stand to say they are complete bullshit manifested by Tony Serrata (aka Opieum2). And honestly, we couldn't give a crap about them.

WHY does Tony Serrata keep posting negative things about us on a daily basis?  Because he thinks we sell more than him. He's afraid of us.

And regarding our sales, as we've said it before we're not selling although we would like to. And the truth is we haven't sold since April 7th, 2014.

Why are we so being open, because even though we're trying to do the right thing the to the customers that want us to make them whole, are the same ones stopping up from bringing in new revenue in order to do that.

We will lay out our 3 month compensation and business plan shortly.

Josh,
Please can you tell me when you will lay out this compensation plan? A date would be good. It will include equipment, mining protection, delay losses, etc right?

[Syke]

WHY does Tony Serrata keep posting negative things about us on a daily basis?

Because you ripped him off.

[opieum2]

WHY does Tony Serrata keep posting negative things about us on a daily basis?

Because you ripped him off.

This pretty much sums it up.

[rik_khaos]

WHY does Tony Serrata keep posting negative things about us on a daily basis?

Because you ripped him off.

Remember Josh thinks he did good for us. He thought that delivering miners that weren't up to spec (twice) makes us whole. Of course it doesn't and just proves he is unable to produce.

My guess is when the judge for the class action looks at the evidence he'll see how shady the company is. As long as the jury is reasonable, and I'm sure they should be as no one like to be stolen from, then I expect a conviction.

"The prosecution and the plaintiff must provide evidence in order to arrive at a conviction in criminal and civil proceedings. In criminal cases the level of guilt must reach beyond a reasonable doubt, which is at least 98 percent certainty of guilt. In a civil suit, however, the level of certainty of guilt must only reach just beyond 50 percent to achieve a conviction."

the burden of proof if far lower than in a criminal trial.

He knows his ass is in the fire and he's just scrambling to get out. My guess is he'll point it to the judge and go see I keep telling them I'll give them a refund. Of course no one is going to fall for it since he offers no outline. Remember he's been publicly saying he was going to give refunds for some time. However when we've properly requested refunds he's ignored us or lied to us.

I like he likes the punishment because he keeps coming back for more and each time he comes back it's with a brand new story where he tries to revise the truth. The skype chats are real and easily verifiable especially if someone where to request them from Microsoft. Sadly Josh Zipkin AMT CEO has no scruples and as such has continued to try to get more money when he can't even take care of his current customers.

[rik_khaos]

It seems zipkin didn't look into getting any insurance on the company. Would have saved him a hassle and some money https://www.geico.com/getaquote/business/professional-liability-insurance/

[opieum2]

It seems zipkin didn't look into getting any insurance on the company. Would have saved him a hassle and some money https://www.geico.com/getaquote/business/professional-liability-insurance/

Plus saved 15 percent or more!!

[sabre]

AMT,
    My miners are still having the same issues as day one. One card never worked and the another only hashes at a low rate.

    Let me know what is occurring in dec as a compensation. As you know, I was expecting delivery in March and never received my units on time as well.

Thanks

[Xian01]

Here's the thing I've learned through dealing with Butterfly Labs: when you try to smear someone that hasn't done anything wrong and has a good name, it's going to backfire spectacularly on you.

... Again, what is it with people named Josh involved with Bitcoin mining companies, that could use a good therapist to unfuck their diseased minds ?

[rik_khaos]

I think it becoming more and more obvious that ADHD is just the beginning of his mental issues.

Not that is shame in having mental issues, I suffer from depression and PTSD from my deployment, but obviously he does not have his under control, even if it is just ADHD.

There is a document from the court about confidentiality situated around release of information about customer names and lists. I'll post it latter so we can talk a look and see if Josh is violating that. And if so it would be in the best interest of everyone involved if we were to contact the judge.  

[sirminesalot]

Just a reminder that Joshua Zipkin (AKA: Amtminers) never submitted his CGMINER code to the community to verify.

I'm in disbelief that you think you can come on here with more false promises and think the community will bite. You've ripped off most if not all of your investors, and now you are back again?

Are you kidding? Do BCT a favor and kill yourself already.

[opieum2]

I think it becoming more and more obvious that ADHD is just the beginning of his mental issues.

Not that is shame in having mental issues, I suffer from depression and PTSD from my deployment, but obviously he does not have his under control, even if it is just ADHD.

There is a document from the court about confidentiality situated around release of information about customer names and lists. I'll post it latter so we can talk a look and see if Josh is violating that. And if so it would be in the best interest of everyone involved if we were to contact the judge.  

He already did just in posting my information in retaliation for speaking against him. No one thinks for a minute that this is not him posting. Even if it isn't, it is clearly authorized by him. These recent insane rants are consistent with how he writes as it is.

But posting mine and other peoples info repeatedly in an attempt to humiliate us or cow us into submission is just thuggery at its best. And illegal as well for him mainly.

[tonyca]

AMT_Miners,

almost near 1 year now since Nov 12,2013, when will you refund me, I need this for my new born, please process it asap, don't let me wait too long. thank you.

[Gleb Gamow]

Saying a client's name on a forum once or twice while he says the names of our employees hundreds of time does not violate customer rights. <snip>

Actually yes it does.
You as CEO of AMT and you employees names are part of Public Record. While business have a lot of freedom in their actions releasing customer information is NOT part of that. They are also expressly forbidden doing that under threat of very specific legal rules and penalties. I don't care if Opeium2 claims to have pictures of you tap dancing midtown in a tutu. As a business and business owner all you are allowed to do is refute the claims with TRUTHFUL evidence to the contrary.

Actually, it never has stated anywhere legally that Josh is the CEO btw. But yes you are correct about common business practices.

Wow so you lied to the court?

https://drive.google.com/file/d/0B_er85osA9tfN2JnM0hUSlVMT1U/view?usp=sharing

Josh's declaration to the court. Signed by Joshua Zipkin AMT President and CEO.

Court documents are public record and definitely legal documents.

To be fair, although such is considered a legal document in the US, in Bulgaria, Jewish Bulgarians use such as toilet paper since so much of the like reaches their doorsteps on a daily basis, thus saving them the expense of toilet paper, with the savings better used for mass quantities of Red Bull.

[clenell]

Saying a client's name on a forum once or twice while he says the names of our employees hundreds of time does not violate customer rights. <snip>

Actually yes it does.
You as CEO of AMT and you employees names are part of Public Record. While business have a lot of freedom in their actions releasing customer information is NOT part of that. They are also expressly forbidden doing that under threat of very specific legal rules and penalties. I don't care if Opeium2 claims to have pictures of you tap dancing midtown in a tutu. As a business and business owner all you are allowed to do is refute the claims with TRUTHFUL evidence to the contrary.

Actually, it never has stated anywhere legally that Josh is the CEO btw. But yes you are correct about common business practices.

Wow so you lied to the court?

https://drive.google.com/file/d/0B_er85osA9tfN2JnM0hUSlVMT1U/view?usp=sharing

Josh's declaration to the court. Signed by Joshua Zipkin AMT President and CEO.

Court documents are public record and definitely legal documents.

To be fair, although such is considered a legal document in the US, in Bulgaria, Jewish Bulgarians use such as toilet paper since so much of the like reaches their doorsteps on a daily basis, thus saving them the expense of toilet paper, with the savings better used for mass quantities of Red Bull.

thats me!

fuck you zipkin. i would have done anything to have seen your fat ass in las vegas tubby.

[Gleb Gamow]

Here's the thing I've learned through dealing with Butterfly Labs: when you try to smear someone that hasn't done anything wrong and has a good name, it's going to backfire spectacularly on you.

... Again, what is it with people named Josh involved with Bitcoin mining companies, that could use a good therapist to unfuck their diseased minds ?

Not trying to be funny, but there's a logical explanation as to why a myriad Joshes ending up screwing their disciples.

http://en.wikipedia.org/wiki/Yeshua_(name)

Yeshua (ישוע, with vowel pointing יֵשׁוּעַ – yēšūă‘ in Hebrew) was a common alternative form of the name יְהוֹשֻׁעַ ("Yehoshuah" – Joshua) in later books of the Hebrew Bible and among Jews of the Second Temple period. The name corresponds to the Greek spelling Iesous, from which, through the Latin Iesus, comes the English spelling Jesus.

Ergo, at a young age the Joshes of the world learnt that their name means Jesus, so from that day forward they honestly believe that they're superior to those around them, especially the Joshes who are Jewish (AMT) or don a tail (BFL).

[Swimmer63]

I don't have time to read all of this.  But this thread is hilarious.  It's like a school yard argument except there are lawyers involved.  And this is how you all have chosen to spend your time.  You folks have zero perspective.

[Gleb Gamow]

AMT_Miners,

almost near 1 year now since Nov 12,2013, when will you refund me, I need this for my new born, please process it asap, don't let me wait too long. thank you.

Lucky you! Joshua Zipkin did consider your request - supply food for a baby or restock on Red Bud. Guess which one won out.

[RoadStress]

Dear AMT fans...

Please show me one AMT fan! I dare you!

[Gleb Gamow]

I don't have time to read all of this.  But this thread is hilarious.  It's like a school yard argument except there are lawyers involved.  And this is how you all have chosen to spend your time.  You folks have zero perspective.

You are so wrong! We do too have zero perspective. 

[Gleb Gamow]

Dear AMT fans...

Please show me one AMT fan! I dare you!

Didn't somebody post an image of three, albeit of mixed race and non fuctional?

[opieum2]

AMT does have fans....^^^^ The post above this one is a perfect example of said fans they have. But they are cut up and broken. So they have lots of fans.

<snip>

[opieum2]

Oh cmon don't be coy. He exceeded those expectations!!

<snip>
Regards.

<snip>

<snip>
To prove I have feelings, I'm sadden to read that your wife left you, opting to pursue other tiny-dick Bulgarians with a different belief systems than your own, i.e., Satanism.
<snip>

I missed this....this actually happened? Well no shocker there. My first and only real meeting with him when I went to pick up the giant paperweights 1st gen IMET built miners....I was supposed to meet him at 4pm which turned into 10pm (mind you I drove 2+ hours to pick up the miners so being on time would be nice) AFTER all that.....we sat at a bar and talked about a bunch of shit including the lawsuit and how it was going blah blah...BUT he pulled a 180 a wtf confided with my wife sitting next to me that he had not had sex in a month....I was like wtf...awkward and TMI. My wife afterwards loled forgot his name and just nick named him no-sex guy. From that point on that is how we at home know him as. No sex guy...kinda sad...but his marital problems were clearly happening WAYYY before all this shit was happening. Divorce issues are usually a slow boil not a sudden thing.

I am sure he is in his corner blaming me for all of his problems. Or Bruno, or someone. But whatever. I got tired of feeling sorry for him and all his excuses cause that is what they are. I been through all that shit and more. So he can go venting his rage and try to blame me and only dig his stupid ass in an even bigger hole or he can actually do the right thing not just for himself but for others as well.

I've literally worked with hundreds of construction subcontractors and hundreds of fast food employees, so I'm well-versed in having the ability to recognize when a person is being disingenuous or not. Upon meeting Joshua Zipkin within the first minute, he was already pegged as such, having most the characteristics such lying fucks possess. To date, he has yet to disappoint my assessment.

[mrpark]

Now the $899 miner that I was sent by AMT is blowing the breaker. No it's worth $0, please refund our money AMT_miners.

[rik_khaos]

Hey Zippy, when are you going to  grow up and do business like a man. You're not running a lemonade shop out side of you parents house. You're running (or failing to run) an international manufacturingish company. You've broken the same laws BFL has according to the FTC, are you waiting for them to come for you and have you extradited back to the USA? Wouldn't it look better for you if you just came forward and gave us our legally request and legally obligated refunds?

You're digging the hole deeper man, we are just offering you a hand to help you get out.

[rik_khaos]

Remember the price keeps shifting. Especially if you bulk order a few hundred at a time like his other "customers"

[NaranKPatel]

Now the $899 miner that I was sent by AMT is blowing the breaker. No it's worth $0, please refund our money AMT_miners.

Not to appear to be defending anyone just my observation, it should work on 15amps according to specs, you may want to check if your sharing the load with something else or it's rated any lower, but it definitely fine on 20amp circuit, I've been running for month+ and its been just fine.

Naran

[mrpark]

Nothing else on the line, nothing was changed. It is a dedicated 20amp breaker and the miner was working fine for a period of time. Now, suddenly, with nothing changed it is tripping it. I wont even bother emailing support, they just ignore anyone they owe money to. NaranK, you may have been not have been on the "Naughty list" I was send a miner with no power supply, and this defective power supply was send to me.  Mine also had used parts in it.

Now the $899 miner that I was sent by AMT is blowing the breaker. No it's worth $0, please refund our money AMT_miners.

Not to appear to be defending anyone just my observation, it should work on 15amps according to specs, you may want to check if your sharing the load with something else or it's rated any lower, but it definitely fine on 20amp circuit, I've been running for month+ and its been just fine.

Naran

[clenell]

Hey Zippy, when are you going to  grow up and do business like a man. You're not running a lemonade shop out side of you parents house. You're running (or failing to run) an international manufacturingish company. You've broken the same laws BFL has according to the FTC, are you waiting for them to come for you and have you extradited back to the USA? Wouldn't it look better for you if you just came forward and gave us our legally request and legally obligated refunds?

You're digging the hole deeper man, we are just offering you a hand to help you get out.

josh zipkin is not a man. he is a scammy piece of shit. if i ever see him i will treat him accordingly.

[rik_khaos]

Captain Zippy

[eightcylinders]

Okay AMT, where are my 2 miners?  Or refund?  Or response?  Or anything?

If you want folks to believe you are sincere, you need to fix what appears to every one of your customers to have been a massive scam

I helped you out, defended you, etc.  And what did I get?  Nada.  Not even a broken miner like you gave Tony.

It isn't just one customer, its all of us.

[Gleb Gamow]

Captain Zippy

LMAO!

"I wanted to work for BFL, but they told me I was a liability. I argued that I'm a moderate progressivibility leaning toward conservativibility, but still no-go."

[mdiggy]

AMT-
I have only received one of the two 6th miners I ordered. Order number 1275. If you look, I have two miners on order and you have only send me one.
Thank you,
Max Goldstein

[rik_khaos]

AMT-
I have only received one of the two 6th miners I ordered. Order number 1275. If you look, I have two miners on order and you have only send me one.
Thank you,
Max Goldstein

Hey max. Obviously Zipkin doesn't give two shits that he didn't complete your order. it's in your, and everyone's, best interest that you contact the FTC, FBI and any other three letter agency who you feel would help resolve this issue. Josh obviously has no problem sending under performing, incomplete, or partially fulfilled orders. Sadly he is illegally withholding refunds.

[Bicknellski]

Here is a plan for you Mr. Zipkin.

1. Pay back your customers.
2. Stop stealing from people.
3. Do an honest days work.

[mrpark]

+1, as soon as they missed delivery date, I asked for a refund. They broke FTC law by not honoring my request within 30 days.  Please, refund our money so we can get on with our lives. $6,000 per ordered miner plus all missing BTC income to date + interest.

[rik_khaos]

I canceled before they shipped because I knew they weren't going to make the 31st of march. They actually only have 7 days to refund you. He's going to be upset when the eyes are turned on him.

[mrpark]

Perhaps they will make him pay back the money, and the lost BTC income. But I tell you this, AMT miners send me this piece of junk miner, and it was the worst miner out of all who received them. It was a sabotaged miner with no power supply, cut wires, with things unplugged and loose, used parts and bad fans that didn't push air. He may get away with some of this in this lifetime, but surely he will reap what he sows for putting us all through this.  I have a family and I am the only one bringing in the income, I work hard everyday to make honest money to feed my family who depend on me.  I invested in this company because they were in the neighborhood where I grew up, and thought I would give them the benefit of the doubt. AMT_miners, you make me sick.

[mdiggy]

Just want to update to say that Amt finally sent my other miner.... For some reason it doesn't seem to talk to the router. Issue with the controller board? What do you guys think?
Thanks,
Max

[NotFuzzyWarm]

Just want to update to say that Amt finally sent my other miner.... For some reason it doesn't seem to talk to the router. Issue with the controller board? What do you guys think?
Thanks,
Max

If it came with a network cable my 1st thought would be to get a different cable. The one that came with mine was intermittent depending on how far the plug was inserted: All the way in, no connection. Slightly in and enough to latch sometimes good.

Any lights lit on the network socket (assuming the socket has lights)?
Miner and router on the same address block (192.168.1.xxx)?

[mrpark]

Can you ping the Miner? Do you know the IP?

Just want to update to say that Amt finally sent my other miner.... For some reason it doesn't seem to talk to the router. Issue with the controller board? What do you guys think?
Thanks,
Max

If it came with a network cable my 1st thought would be to get a different cable. The one that came with mine was intermittent depending on how far the plug was inserted: All the way in, no connection. Slightly in and enough to latch sometimes good.

Any lights lit on the network socket (assuming the socket has lights)?
Miner and router on the same address block (192.168.1.xxx)?

[Gleb Gamow]

How to spot a Zipkin in one post or less: https://bitcointalk.org/index.php?topic=68415.msg9466384#msg9466384

[clenell]

has anyone figured out what property is in Zipkins name? Homes? Cars? i'm going after his shit.

[Gleb Gamow]

has anyone figured out what property is in Zipkins name? Homes? Cars? i'm going after his shit.

Nothing like implementing the sugar water routine, and the neat thing about this idea is that no property is destroyed. Interested in what it consist of and how and why it works, then reply? It's genius when you think about it. And, the blame could be put squarely on me of which law enforcement would have no legal way to arrest me even after knowing where it stemmed from, another beauty aspect, especially since it'll be declared - with this post - that such is in play. The Zipkins would have no defense against the acts. Nada! никoй!

[opieum2]

has anyone figured out what property is in Zipkins name? Homes? Cars? i'm going after his shit.

Check PMs I sent the info I found after another user posted it up.

[mdiggy]

Just want to update to say that Amt finally sent my other miner.... For some reason it doesn't seem to talk to the router. Issue with the controller board? What do you guys think?
Thanks,
Max

If it came with a network cable my 1st thought would be to get a different cable. The one that came with mine was intermittent depending on how far the plug was inserted: All the way in, no connection. Slightly in and enough to latch sometimes good.

Any lights lit on the network socket (assuming the socket has lights)?
Miner and router on the same address block (192.168.1.xxx)?

No lights for the network socket on the router. Already tried a few cables. Can't ping the miner because the router isn't seeing it.

[NotFuzzyWarm]

Just want to update to say that Amt finally sent my other miner.... For some reason it doesn't seem to talk to the router. Issue with the controller board? What do you guys think?
Thanks,
Max

If it came with a network cable my 1st thought would be to get a different cable. The one that came with mine was intermittent depending on how far the plug was inserted: All the way in, no connection. Slightly in and enough to latch sometimes good.

Any lights lit on the network socket (assuming the socket has lights)?
Miner and router on the same address block (192.168.1.xxx)?

No lights for the network socket on the router. Already tried a few cables. Can't ping the miner because the router isn't seeing it.

Looking at mine, just to the right of the RasPi connections for the LAN and USB cables there is a slot where you should see some lights on the RasPi board, 2 are the usual yellow & green ones for for the network link and should also be a red one seen.

Obviously since no link the yel & green will be out, is the red one lit? If it is not lit then the RasPi isn't running. Check to see if it has power and a SD card in it.

[Gleb Gamow]

https://twitter.com/AMTminers/status/530516869225385985

Steve Jobs once said that innovation distinguishes between a leader and a follower. We are happy to be a leader at what we do.

[mrpark]

Define "shortly"?

Dear AMT fans and foes,


We will lay out our 3 month compensation and business plan shortly.

[NaranKPatel]

Define "shortly"?

Dear AMT fans and foes,


We will lay out our 3 month compensation and business plan shortly.

+1 I'd like to know this too.

[Syke]

Define "shortly"?

Dear AMT fans and foes,

We will lay out our 3 month compensation and business plan shortly.

+1 I'd like to know this too.

Name:   AMT_miners
Last Active:   October 30, 2014, 08:47:02 PM

[opieum2]

Josh probably got arrested in the silk road 2 sting. Considering how easy it was to trace the known AMT wallet to his actual wallet, then to his purchase on silk road, not very hard for feds to use find it if I could. I am sure Europol also did their bit to get him. Or he could just be ignoring us. Either way, whatever at this point. He is done or he is mining with whatever hardware is left no doubt.

[Chazaki]

Still waiting on money for my miners I ordered almost exactly one year ago... Nice to know you're still spending my money on trying to "rebuild the AMT image" though. I see now from the nth "official post" that it's working pretty well for you...

How about bumping up refunding clients to the top of your priority list? Would go really far in "rebuilding the AMT image".

I left the forums for a little while, wanted to see if things settled down a bit. AMT is still completely full of it.

[NaranKPatel]

Anything from AMT regarding remediation, refunds, insurance?

[Syke]

News flash: If you haven't filed a lawsuit, you aren't getting anything.

[NaranKPatel]

News flash: If you haven't filed a lawsuit, you aren't getting anything.

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

[Syke]

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

It has not been certified as a class action yet. You can find all the relevant details at the docket:

http://ia600704.us.archive.org/31/items/gov.uscourts.paed.489513/gov.uscourts.paed.489513.docket.html

[NaranKPatel]

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

It has not been certified as a class action yet. You can find all the relevant details at the docket:

http://ia600704.us.archive.org/31/items/gov.uscourts.paed.489513/gov.uscourts.paed.489513.docket.html

I know someone who's invested to tip it over 1M mark with signed contract, sharing with Craig...

[opieum2]

FYI 100k is the minimum dollar requirement for the FBI to get involved in a criminal theft investigation. The 1M is obviously well qualified. (I got this info from an actual FBI agent) Considering that "Joshua Zipkin" ("Josh Zipkin") is overseas, I STRONGLY urge the person to contact the FBI as well. The court case is fine as well, "Joshua Zipkin" would have to comply if here was here in the US. BUT because he is obviously in Bulgaria now, it would be better to get criminal authorities involved in dealing with this.

As has already been shown, he has a history of running away from even the smallest debts (Small claims court case involving what appears to be rent that seems to be an outstanding unpaid judgement 3 years in). If he won't pay 2k there is no way in hell he is paying back the rest. He either laundered or did somethign else with the money that requires criminal investigators to get involved. Also recommend putting this on the unofficial thread in the event he logs in and deletes the posts. He has been offline for over a month. But that does not mean he won't make another appearance. 

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

It has not been certified as a class action yet. You can find all the relevant details at the docket:

http://ia600704.us.archive.org/31/items/gov.uscourts.paed.489513/gov.uscourts.paed.489513.docket.html

I know some who's invested to tip it over 1M mark with signed contract, sharing with Craig...

[NotFuzzyWarm]

for shits'grins just tried AMT's site https://advancedminers.com/
"Server not found"
Finally gone or has he moved to other digs?

[opieum2]

for shits'grins just tried AMT's site https://advancedminers.com/
"Server not found"
Finally gone or has he moved to other digs?

http://amtminers.com he linked the original site to redirect to that for a while. BUT it affected the SEO ranking. Which worked in everyone's favor. Cause now a google search turns up amtminers (alot like antminers).

[NotFuzzyWarm]

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

It has not been certified as a class action yet. You can find all the relevant details at the docket:

http://ia600704.us.archive.org/31/items/gov.uscourts.paed.489513/gov.uscourts.paed.489513.docket.html

I know someone who's invested to tip it over 1M mark with signed contract, sharing with Craig...

The judge has DENIED Josh's move for dismissal. The Class action is moving forward
https://bitcointalk.org/index.php?topic=584891.msg9946540#msg9946540

[Gleb Gamow]

I just had the following post deleted. (I cleaned up the parts that were considered bad)

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Also, your terms of sale read, "AMT’s warranty is only valid if the Product(s) has not been tampered with by the consumer. If the Product(s) casing, components, processing chip, PCB board, Heat sink, power supply, and any/all other physically elements of the product has been opened, altered, tampered with in any manner, the AMT warranty governing the Product(s) will be effectively null and void."

When I receive my power supply how will I install it without voiding the warranty?

Curt, your supply is on its way.  Regarding your other post about our terms, please join the class or sue us individually. Thanks. You know where we are at man, leave it alone.

AMT.

And, this is why this worthless <redacted>, Joshua Zipkin, will never amount to a sweet-smelling pile of shit.

Full Disclosure: From this day forward, I will use the word <redacted> in the derogatory sense as it pertains to Josh Zipkin. If this fuckin' <redacted> can call himself a <redacted> in this video - https://www.youtube.com/watch?v=D7Dgp43QMzc - then I being 1/4 Jewish can call him out as worthless piece of shit <redacted>.

~Bruno Kucinskas

[opieum2]

Hence why I prefer to stick to the unmoderated threads. That said it was not "Joshua Zipkin"s AMT_miners account. Must be one of the many sock puppet accounts he created that laud AMT products.

[rik_khaos]

I just had the following post deleted. (I cleaned up the parts that were considered bad)

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Also, your terms of sale read, "AMT’s warranty is only valid if the Product(s) has not been tampered with by the consumer. If the Product(s) casing, components, processing chip, PCB board, Heat sink, power supply, and any/all other physically elements of the product has been opened, altered, tampered with in any manner, the AMT warranty governing the Product(s) will be effectively null and void."

When I receive my power supply how will I install it without voiding the warranty?

Curt, your supply is on its way.  Regarding your other post about our terms, please join the class or sue us individually. Thanks. You know where we are at man, leave it alone.

AMT.

And, this is why this worthless <redacted>, Joshua Zipkin, will never amount to a sweet-smelling pile of shit.

Full Disclosure: From this day forward, I will use the word <redacted> in the derogatory sense as it pertains to Josh Zipkin. If this fuckin' <redacted> can call himself a <redacted> in this video - https://www.youtube.com/watch?v=D7Dgp43QMzc - then I being 1/4 Jewish can call him out as worthless piece of shit <redacted>.

~Bruno Kucinskas

So just so I'm positive what I'm seeing there, he tells Curt, full disclosure I'm Curt, that in no uncertain terms his power supply is on it's way.

It's now four months later and I've yet to receive my power supply. I guess I should just leave it alone since I know where they are at.

This is going to be hilarious as it picks up steam. AMT out did BFL with their banner clamming when the product would ship by rather than just estimated dates.

I'm still hopping to be deposed by the plaintiff's attorneys. I'd love to tell them about everything that was said by josh in our Skype chat. And that even after he claims to have mailed me a power supply it never showed.

If anyone want's I'll be happy to split a room in Philly during the trial portion of this lawsuit, we can have cheese steaks and laugh over their demise. This is the frist time I expect to see zipkin back in US. It's also good we have him and "Jim Brown" as named defendants, because if it's proven they commingled business and personal funds we're going to take everything they own.

[Gleb Gamow]

Hence why I prefer to stick to the unmoderated threads. That said it was not "Joshua Zipkin"s AMT_miners account. Must be one of the many sock puppet accounts he created that laud AMT products.

Actually, the post in question was about six months old located in a locked non-moderated thread, thus it had to be brought to a mods attention for deletion accompanied with a sound argument as to why.

[Syke]

If anyone want's I'll be happy to split a room in Philly during the trial portion of this lawsuit, we can have cheese steaks and laugh over their demise. This is the frist time I expect to see zipkin back in US. It's also good we have him and "Jim Brown" as named defendants, because if it's proven they commingled business and personal funds we're going to take everything they own.

I'd be very surprised to see Josh show up in court. He's got the cash from not sending people miners. He'll just pay his lawyers to sit in court for him.

[rik_khaos]

If anyone want's I'll be happy to split a room in Philly during the trial portion of this lawsuit, we can have cheese steaks and laugh over their demise. This is the frist time I expect to see zipkin back in US. It's also good we have him and "Jim Brown" as named defendants, because if it's proven they commingled business and personal funds we're going to take everything they own.

I'd be very surprised to see Josh show up in court. He's got the cash from not sending people miners. He'll just pay his lawyers to sit in court for him.

I'm hoping the court can compel him to attend.

[mrpark]

These 1T miners he sent make about $20 a month after electricity. Pretty much they are just bricks now. I hope the judge awards everyone the $6000 + all the BTC income we lost, plus pain and suffering

[clenell]

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

It has not been certified as a class action yet. You can find all the relevant details at the docket:

http://ia600704.us.archive.org/31/items/gov.uscourts.paed.489513/gov.uscourts.paed.489513.docket.html

I know someone who's invested to tip it over 1M mark with signed contract, sharing with Craig...

i have waited a long time for that information and have never received it from your friend. he is looking out for his interests and his interests only. he could care less about the rest of us.

[raveneffect2333]

I have briefly mentioned to Clennell in previous emails about my situation with AMT, I have attempted to contact his lawyers regarding the class action and have not received a reply. I was hoping someone could inform me further as to what is going on. I am in Australia and purchased 2 1.2th units. I am not sure how to be classified as in this class action as i have not received word back from the lawyers and would appreciate it if someone who is in contact with them could confirm some things.
 I understand it is not anyones responsability bar my own but being out of the states i do not know how to proceed.

Thank you.

[opieum2]

I have briefly mentioned to Clennell in previous emails about my situation with AMT, I have attempted to contact his lawyers regarding the class action and have not received a reply. I was hoping someone could inform me further as to what is going on. I am in Australia and purchased 2 1.2th units. I am not sure how to be classified as in this class action as i have not received word back from the lawyers and would appreciate it if someone who is in contact with them could confirm some things.
 I understand it is not anyones responsability bar my own but being out of the states i do not know how to proceed.

Thank you.

Contact some legal representation in Australia. Unfortunately with class actions if you are not the lead plaintiff here, you won't get anything in your case. This goes for anyone international. It will be necessary what consumer protections your nation has to cover you, since they chose to sell to international clients they are subject to international law. All said if you have email headers or bitcoin addresses you paid AMT to or any other information you can send me, I can use it to build a small report for you to take to your lawyer to be used as evidence.

EDIT: To clarify class members would apply primarily to US residents in this case. I could be wrong but based on the information I have affected US residents would be considered part of the class.

[NaranKPatel]

Is the class dead because I added my orders to that? Who's got the details for lawyers working on the case?

It has not been certified as a class action yet. You can find all the relevant details at the docket:

http://ia600704.us.archive.org/31/items/gov.uscourts.paed.489513/gov.uscourts.paed.489513.docket.html

I know someone who's invested to tip it over 1M mark with signed contract, sharing with Craig...

i have waited a long time for that information and have never received it from your friend. he is looking out for his interests and his interests only. he could care less about the rest of us.

I'll see if I can get him to forward it...

[Syke]

We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner.

[opieum2]

We want to assure everyone that we are putting together a compensation program that will go live on December 15th, 2014 or sooner.

And of course we all now how upstanding and honest AMT has been......so this announcement falling through is an astounding shock. /s

[BuhTuglia]

It's been almost a month since Dec 15th... has anyone seen hide or hair of this vaunted "compensation"? Is this just more crap, more smoke-screen? I know what I think, at least.

These f0ck3rs owe me almost six grand... and I was like order 1600 or so... the amount of money they owe must be stupendous, which is another reason why I think I'm just screwed. Why is it so hard to get anything done about this? What do I do from here? Just keep sitting on my thumb?

feeling stupider than usual,
BuhTuglia

[Gleb Gamow]

https://bitcointalk.org/index.php?action=profile;u=152891

Name:   AMT_miners
Posts:   954
Activity:   378
Position:   Sr. Member
Date Registered:   September 29, 2013, 02:48:09 AM
Last Active:   October 30, 2014, 09:47:02 PM

https://bitcointalk.org/index.php?action=trust;u=152891

With apologies for the formatting, the following, since none of the below is found elsewhere on the internet. Following that, is the source code, the easiest way I know how to include the links.

Bitcoin Forum > Trust
Trust summary for AMT_miners

Post new feedback | Trust settings

Risked BTC amount is money that the person could have stolen or did steal. For example, if you do a currency trade where the other person sends first, your feedback for them would have 0 risked BTC and their feedback for you would have risked BTC equal to the BTC value of the trade.

Trusted feedback

User   Date   Risked BTC amount   Reference   Comments
MrTeal 13: -0 / +9(9)   2014-08-19   0.00000000   Reference   Refuses to fulfill legitimate auction wins.
crashoveride54902 7: -0 / +4(4)   2014-08-09   0.00000000   Reference   Scam Company is scamming, you have been warned...offer paypal, take away paypal and wants btc up front...fail at auctions...just generally bad all around...PM me if you think this is unfair
Untrusted feedback

These ratings are from people who are not in your trust network. They may be totally inaccurate.


User   Date   Risked BTC amount   Reference   Comments
clenell 0: -0 / +0(0)   2014-10-08   17.00000000      ordered miner from AMT and they never delivered. they will not issue mea refund or even talk.
Waiting since 1/4/14 0: -0 / +0(0)   2014-09-17   0.00000000      I ordered two 1.2 th miners in January 2014, I have not received them. AMT is selling new miners to others without fulfilling the agreement with me! This agreement was made 8 months AGO!!!!!!!!

I gave them $12,000.00 and they do not return my calls or emails!!!!

This has been the worst experience I have ever delt with!!

AMT took my money!!!!!!!!!
athgaurd 0: -0 / +0(0)   2014-09-15   8.00000000      Waiting for almost a year for them to deliver miner
athgaurd 0: -0 / +0(0)   2014-09-15   8.00000000      Waiting for almost a year for them to deliver miner
bobsag3 10: -1 / +7(7)   2014-09-08   0.00000000      Lying in leaked skype Chats about Black Arrow and technobit dealings.
opieum2 0: -0 / +0(0)   2014-09-06   0.00000000      In retaliation for ANY bad information posted my personal details on the forum and FALSELEY claimed I did classified work for the government painting a VERY big target on mine and my familes back. AND on top of it encouraged people to visit me if they "have a problem with him"
asprin 0: -0 / +0(0)   2014-08-28   0.00000000   Reference   Paid $6,000 for miner, shipped 8 months after order when the miner now costs $1,500 and REFUSED a refund.
opieum2 0: -0 / +0(0)   2014-08-25   0.00000000   Reference   Months to fulfill order placed in February. And as a result devaluation of order resulted in getting hardware that was outdated by delivery time (late August).

In addition documented leaked chats that directly contradict public statments made by AMT. No intention of fulfilling the MPP with statements by Josh Zipkin such as "Fuck the MPP"

Constant lies and deceptions with constant excuses with no validation of such. Stay away from AMT. And anything associated with Joshua Zipkin.
avaughan4 0: -0 / +0(0)   2014-08-25   28.00000000   Reference   Has not fulfilled order since 11/6/2013 and refuses to answer questions on public forum or email. DO NOT BUY FROM AMT! THEY OFFER NO SUPPORT AND YOU WILL RECEIVE AN INFERIOR PRODUCT WHEN THEY DELIVER A YEAR LATER!
sirminesalot 0: -0 / +0(0)   2014-08-21   6.00000000   Reference   Unfullfiled order worth $6000 - now miners are being sent out, but they are work 1/5th of the original price.

AMT has no plans to fulfill MPP promised at time of purchase.

Scam Company - Wild cash grab from the start.
AMT_minerLESS 0: -0 / +0(0)   2014-08-20   0.00000000   Reference   AMT/Josh Zipkin Has lied to customers many times.
Look to various posts on the matter. Older unmoderated thread contains alot of the original infos on missed shipping, damaged hardware and lies told. AMT User thread is user managed, current info can be checked there. Use EXTREME CAUTION!
rik_khaos 0: -0 / +0(0)   2014-08-20   6.79127358      AMT originally promised an American build, moved operations over to china.

AMT_miners has constantly and knowingly lied about dates that miners would be shipped with the intent to deceive the purchaser. This includes the dates prominently advertised on the homepage of the AMT website www.advanceminers.com

AMT has refused to supply tracking numbers to clients.

I was once sent a "kit" at one point that had hashing boards that failed to initialize, and chips that burned out due to poor thermal design.

They have repeatedly refused to give refunds that they are legally obligated to process under the FTC regulation.

I as well as others have made formal complaints to the FTC and other consumer protection agencies.

AMT has ignored the laws of the country in which it was founded in and maintains its headquarters in.

Upon receiving my miner on 8/19/2014 I discovered my unit shipped without the Power Supply Unit that was included in the product description and purchase price.

When I unboxed my miner I was greeted with rusty scrap metal with sharp edges that could have injured me had I opened the box another way.

My hardware has depreciated by an amount greater than $4100 dollars between time of order until the time of my receipt, not including missing parts, which effectively bring its value down to zero dollars as the missing power supply is required to use the unit.

AMT advertises a Miner Protection Program on their website located at https://advancedminers.com/miner-protection-plan/ . This program guarantees in no uncertain terms that, “If the networks increases to a point where your investment in our technology is no longer profitable, AMT will upgrade your Miner to the next level Miner absolutely free.”; “When the buyer’s miner is ready to be shipped, we will give that buyer the option of shipping the original miner which they purchased, or to upgrade to the next AMT miner which will allow them to meet ROI and more.”; “We will contact each buyer either by telephone or email with this option at the time of shipment.”; and “If the network increases so much that the next level miner also can’t meet ROI, the product upgrade will continue to the next AMT product which is profitable. Therefore, no matter what happens, our clientele will be left a ROI either way.”

To this date AMT denies to detail plans for compensation under the Miner Protection Plan. AMT often outright deletes posts when asked directly about the plan, or instructs the poster to contact their sales e-mail, sales@AdvancedMiners.com. When the poster contacts the provided e-mail for further communication AMT does not return a response.

The risked BTC is a conversion from fiat (USD) using highest price of bitcoin for the date of purchase.
Chazaki 0: -0 / +0(0)   2014-08-20   13.00000000      Stole $13k from me as well as hundreds of thousands from others. No refunds. Trade with EXTREME caution
Dans 0: -0 / +0(0)   2014-08-19   85.00000000   Reference   Pre-ordered miners back in February with a guarantee that hardware was working in the lab and would ship within a few weeks. Re-confirmed this several times before paying. Once i paid they went silent and now refuse to give a refund.
Bicknellski 3: -0 / +4(4)   2014-08-16   0.00000000   Reference   Thumbs down. Do not buy from this company.
ar9 0: -0 / +0(0)   2014-08-14   0.00000000      Scam company, steer clear if you don't like giving your money away.
iglasses 0: -0 / +1(1)   2014-08-13   0.00000000      Tries to run another scam in the marketplace and eventually deletes all replies and closes thread.
This is nothing but a scam
braindead 0: -0 / +0(0)   2014-08-13   4.00000000   Reference   False auction, didn´t accept escrow services, changes delivery charges etc etc

Waste of time
klondike_bar 3: -0 / +3(3)   2014-08-09   3.94000000   Reference   first they insulted my escrow provider, who has a fantastic reputation
then the shipping costs tripled
then they offered to host my equipment (ie: no escrow)


as far as im concerned this is a total scam. I gave AMT the benefit of the doubt and they shat all over everything.
captin crunch 0: -0 / +0(0)   2014-08-06   32.00000000      I gave AMT nearly $18,000 in November 2013 for 3 miners to be delivered late December '13 to early January '14. I have been told repeatedly over the last 6 months that the equipment would ship by the end of the week.
July 14 AMT claimed to have shipped the 1st half of their backlog which I am clearly in. (currently valued at $4500)
They claimed the delivery process took 3 to 4 days but would not issue tracking numbers to its ustomers. 20 days later, still no mining equipment.
This is absolutely, hands down, the worst company I have ever dealt with in my entire life. The people who run the company are pathological liars and the proof is in their thread.
If you value your money and time I seriously recommend looking for another company to do business with.
subseaguru 0: -0 / +0(0)   2014-08-05   0.00000000   Reference   AMT_miners advertised they are selling items and using paypal as payment along with BTC and escrow, they decided to change the payments and not tell anyone. this is the 3rd time that AMT has done this. they claim they accept a payment type then change their minds when it suits them.
x8008 -4: -1 / +0(0)   2014-08-03   2.00000000      Scam company
clenell 0: -0 / +0(0)   2014-04-03   11.90000000      I purchased a bitcoin miner from this man on Nov. 11, 2013. I have received nothing as of 4/3/14. He will not issue me a refund and he will not return emails or phone calls. I am order #610 - a 1.2TH machine. I can send you an invoice and bank transfer if it's proof you need.

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               <span style="font-size: 130%;" id="hellomember"> Hello <b>Gleb Gamow</b></span>
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               <span class="smalltext">January 08, 2015, 11:33:51 PM</span>
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      <div style="margin-bottom: 2px;"><a name="top"></a><div class="nav" style="font-size: smaller; margin-bottom: 2ex; margin-top: 2ex;"><b><a href="https://bitcointalk.org/index.php" class="nav">Bitcoin Forum</a></b>&nbsp;>&nbsp;<b><a href="https://bitcointalk.org/index.php?action=trust" class="nav">Trust</a></b></div></div><h3>Trust summary for AMT_miners</h3><p><a href="#newfeedback">Post new feedback</a> | <a href="index.php?action=trust">Trust settings</a></p><p><i>Risked BTC amount</i> is money that the person <i>could have</i> stolen or did steal. For example, if you do a currency trade where the other person sends first, your feedback for them would have 0 risked BTC and their feedback for you would have risked BTC equal to the BTC value of the trade.</p><h5>Trusted feedback</h5><div class="tborder"><table border="0" width="100%" cellspacing="1" cellpadding="4" class="bordercolor"><tr><td class="catbg3">User</td><td class="catbg3">Date</td><td class="catbg3">Risked BTC amount</td><td class="catbg3">Reference</td><td class="catbg3">Comments</td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=52355">MrTeal</a> <span class="trustscore" style="color:#008000"><b>13</b>: -0 / +9(9)</span></td><td class="windowbg">2014-08-19</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=723233.0">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Refuses to fulfill legitimate auction wins. <!-- 48038 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=75607">crashoveride54902</a> <span class="trustscore" style="color:#008000"><b>7</b>: -0 / +4(4)</span></td><td class="windowbg">2014-08-09</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=723233.msg8261031#msg8261031">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Scam Company is scamming, you have been warned...offer paypal, take away paypal and wants btc up front...fail at auctions...just generally bad all around...PM me if you think this is unfair <!-- 46587 --> </td></tr></table></div><h5>Untrusted feedback</h5><p>These ratings are from people who are not in your trust network. They may be totally inaccurate.</p><p><a href="#" onclick="show();return false;" id="hidelink"></a></p><div id="untrusted"><div class="tborder"><table border="0" width="100%" cellspacing="1" cellpadding="4" class="bordercolor"><tr><td class="catbg3">User</td><td class="catbg3">Date</td><td class="catbg3">Risked BTC amount</td><td class="catbg3">Reference</td><td class="catbg3">Comments</td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=169517">clenell</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-10-08</td><td class="windowbg">17.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">ordered miner from AMT and they never delivered. they will not issue mea refund or even talk. <!-- 54176 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=355105">Waiting since 1/4/14</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-09-17</td><td class="windowbg">0.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">I ordered two 1.2 th miners in January 2014, I have not received them. AMT is selling new miners to others without fulfilling the agreement with me! This agreement was made 8 months AGO!!!!!!!!
<br />
<br />I gave them $12,000.00 and they do not return my calls or emails!!!!
<br />
<br />This has been the worst experience I have ever delt with!!
<br />
<br />AMT took my money!!!!!!!!! <!-- 51781 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=247037">athgaurd</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-09-15</td><td class="windowbg">8.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Waiting for almost a year for them to deliver miner <!-- 51542 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=247037">athgaurd</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-09-15</td><td class="windowbg">8.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Waiting for almost a year for them to deliver miner <!-- 51541 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=144143">bobsag3</a> <span class="trustscore" style="color:#008000"><b>10</b>: -<b><i style="color:orange">1</i></b> / +7(7)</span></td><td class="windowbg">2014-09-08</td><td class="windowbg">0.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Lying in leaked skype Chats about Black Arrow and technobit dealings. <!-- 50597 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=258992">opieum2</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-09-06</td><td class="windowbg">0.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">In retaliation for ANY bad information posted my personal details on the forum and FALSELEY claimed I did classified work for the government painting a VERY big target on mine and my familes back. AND on top of it encouraged people to visit me if they &quot;have a problem with him&quot; <!-- 50317 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=61278">asprin</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-28</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=584891.0">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Paid $6,000 for miner, shipped 8 months after order when the miner now costs $1,500 and REFUSED a refund. <!-- 49210 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=258992">opieum2</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-25</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=584891.0">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Months to fulfill order placed in February. And as a result devaluation of order resulted in getting hardware that was outdated by delivery time (late August).
<br />
<br />In addition documented leaked chats that directly contradict public statments made by AMT. No intention of fulfilling the MPP with statements by Josh Zipkin such as &quot;Fuck the MPP&quot;
<br />
<br />Constant lies and deceptions with constant excuses with no validation of such. Stay away from AMT. And anything associated with Joshua Zipkin. <!-- 48819 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=166777">avaughan4</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-25</td><td class="windowbg">28.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=569769.3140">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Has not fulfilled order since 11/6/2013 and refuses to answer questions on public forum or email. DO NOT BUY FROM AMT! THEY OFFER NO SUPPORT AND YOU WILL RECEIVE AN INFERIOR PRODUCT WHEN THEY DELIVER A YEAR LATER! <!-- 48796 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=240082">sirminesalot</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-21</td><td class="windowbg">6.00000000</td><td class="windowbg"><a href="https://advancedminers.com/">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Unfullfiled order worth $6000 - now miners are being sent out, but they are work 1/5th of the original price.
<br />
<br />AMT has no plans to fulfill MPP promised at time of purchase.
<br />
<br />Scam Company - Wild cash grab from the start. <!-- 48393 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=366280">AMT_minerLESS</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-20</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=584891.0">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">AMT/Josh Zipkin Has lied to customers many times.
<br />Look to various posts on the matter. Older unmoderated thread contains alot of the original infos on missed shipping, damaged hardware and lies told. AMT User thread is user managed, current info can be checked there. Use EXTREME CAUTION! <!-- 48223 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=247530">rik_khaos</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-20</td><td class="windowbg">6.79127358</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">AMT originally promised an American build, moved operations over to china.
<br />
<br />AMT_miners has constantly and knowingly lied about dates that miners would be shipped with the intent to deceive the purchaser.  This includes the dates prominently advertised on the homepage of the AMT website www.advanceminers.com
<br />
<br />AMT has refused to supply tracking numbers to clients.
<br />
<br />I was once sent a &quot;kit&quot; at one point that had hashing boards that failed to initialize, and chips that burned out due to poor thermal design.
<br />
<br />They have repeatedly refused to give refunds that they are legally obligated to process under the FTC regulation.
<br />
<br />I as well as others have made formal complaints to the FTC and other consumer protection agencies.
<br />
<br />AMT has ignored the laws of the country in which it was founded in and maintains its headquarters in.
<br />
<br />Upon receiving my miner on 8/19/2014 I discovered my unit shipped without the Power Supply Unit that was included in the product description and purchase price.
<br />
<br />When I unboxed my miner I was greeted with rusty scrap metal with sharp edges that could have injured me had I opened the box another way.
<br />
<br />My hardware has depreciated by an amount greater than $4100 dollars between time of order until the time of my receipt, not including missing parts, which effectively bring its value down to zero dollars as the missing power supply is required to use the unit.
<br />
<br />AMT advertises a Miner Protection Program on their website located at https://advancedminers.com/miner-protection-plan/ . This program guarantees in no uncertain terms that, “If the networks increases to a point where your investment in our technology is no longer profitable, AMT will upgrade your Miner to the next level Miner absolutely free.”; “When the buyer’s miner is ready to be shipped, we will give that buyer the option of shipping the original miner which they purchased, or to upgrade to the next AMT miner which will allow them to meet ROI and more.”; “We will contact each buyer either by telephone or email with this option at the time of shipment.”; and “If the network increases so much that the next level miner also can’t meet ROI, the product upgrade will continue to the next AMT product which is profitable. Therefore, no matter what happens, our clientele will be left a ROI either way.”
<br />
<br />To this date AMT denies to detail plans for compensation under the Miner Protection Plan. AMT often outright deletes posts when asked directly about the plan, or instructs the poster to contact their sales e-mail, sales@AdvancedMiners.com. When the poster contacts the provided e-mail for further communication AMT does not return a response.
<br />
<br />The risked BTC is a conversion from fiat (USD) using highest price of bitcoin for the date of purchase. <!-- 48163 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=137483">Chazaki</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-20</td><td class="windowbg">13.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Stole $13k from me as well as hundreds of thousands from others. No refunds. Trade with EXTREME caution <!-- 48104 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=323768">Dans</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-19</td><td class="windowbg">85.00000000</td><td class="windowbg"><a href="https://advancedminers.com/">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Pre-ordered miners back in February with a guarantee that hardware was working in the lab and would ship within a few weeks.   Re-confirmed this several times before paying.  Once i paid they went silent and now refuse to give a refund. <!-- 48091 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=76550">Bicknellski</a> <span class="trustscore" style="color:#74C365"><b>3</b>: -0 / +4(4)</span></td><td class="windowbg">2014-08-16</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=723233.msg8373512#msg8373512">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Thumbs down. Do not buy from this company. <!-- 47499 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=85475">ar9</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-14</td><td class="windowbg">0.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Scam company, steer clear if you don't like giving your money away. <!-- 47312 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=188442">iglasses</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +1(1)</span></td><td class="windowbg">2014-08-13</td><td class="windowbg">0.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Tries to run another scam in the marketplace and eventually deletes all replies and closes thread.
<br />This is nothing but a scam <!-- 47086 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=55245">braindead</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-13</td><td class="windowbg">4.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=723233.0">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">False auction, didn´t accept escrow services, changes delivery charges etc etc
<br />
<br />Waste of time <!-- 47035 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=76725">klondike_bar</a> <span class="trustscore" style="color:#74C365"><b>3</b>: -0 / +3(3)</span></td><td class="windowbg">2014-08-09</td><td class="windowbg">3.94000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=723233.0">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">first they insulted my escrow provider, who has a fantastic reputation
<br />then the shipping costs tripled
<br />then they offered to host my equipment (ie: no escrow)
<br />
<br />
<br />as far as im concerned this is a total scam. I gave AMT the benefit of the doubt and they shat all over everything. <!-- 46533 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=224597">captin crunch</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-06</td><td class="windowbg">32.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">I gave AMT nearly $18,000 in November 2013 for 3 miners to be delivered late December '13 to early January '14. I have been told repeatedly over the last 6 months that the equipment would ship by the end of the week.
<br />July 14 AMT claimed to have shipped the 1st half of their backlog which I am clearly in. (currently valued at $4500)
<br />They claimed the delivery process took 3 to 4 days but would not issue tracking numbers to its ustomers. 20 days later, still no mining equipment.
<br />This is absolutely, hands down, the worst company I have ever dealt with in my entire life. The people who run the company are pathological liars and the proof is in their thread.
<br />If you value your money and time I seriously recommend looking for another company to do business with. <!-- 46097 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=152339">subseaguru</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-08-05</td><td class="windowbg">0.00000000</td><td class="windowbg"><a href="https://bitcointalk.org/index.php?topic=721975.new#new">Reference</a></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">AMT_miners advertised they are selling items and using paypal as payment along with BTC and escrow, they decided to change the payments and not tell anyone. this is the 3rd time that AMT has done this. they claim they accept a payment type then change their minds when it suits them. <!-- 45937 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=321753">x8008</a> <span class="trustscore" style="color:#DC143C"><b>-4</b>: -<b><i style="color:orange">1</i></b> / +0(0)</span></td><td class="windowbg">2014-08-03</td><td class="windowbg">2.00000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">Scam company <!-- 45776 --> </td></tr><tr><td class="windowbg"><a href="https://bitcointalk.org/index.php?action=profile;u=169517">clenell</a> <span class="trustscore" style="color:black"><b>0</b>: -0 / +0(0)</span></td><td class="windowbg">2014-04-03</td><td class="windowbg">11.90000000</td><td class="windowbg"></td><td class="windowbg" style="color:red;font-weight:bold;font-style:italic">I purchased a bitcoin miner from this man on Nov. 11, 2013. I have received nothing as of 4/3/14. He will not issue me a refund and he will not return emails or phone calls. I am order #610 - a 1.2TH machine. I can send you an invoice and bank transfer if it's proof you need. <!-- 30842 --> </td></tr></table></div></div><h5>Sent feedback</h5><p>No feedback.</p><h5>New feedback</h5><a name="newfeedback"></a>
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   &nbsp;&nbsp;&nbsp;&nbsp;<input type="radio" name="scammer" value="1" />Negative - You were scammed or you strongly believe that this person is a scammer.<br /><br />

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[tonyca]

http://us6.campaign-archive2.com/?u=5015fc3486176144c53751877&id=4a8e257b0f&e=99aeaaff12

butterfly lab start refund now.where is my money AMT?

Cash Refunds Initiated; Refund Priority Temporarily Modified
 
Payment of bitcoin refunds continues and we have also started paying out cash refunds, but we are making a temporary change in our refund policy. In order to get refunds to the maximum number of people in the shortest time possible, we have made the decision to refund all orders less than $1,000 at the front of the refund queue. Once they are complete (estimated to be within the month of March), we will resume making refunds in the order they were received.

[opieum2]

We are well past the time where they claimed to be refunding us. As always and expected, "Joshua Zipkin" and "Tyler Lummis" aka "Jim Brown" have again welshed....clearly fraudulently leading us on while they planned their exit. Josh is in Bulgaria while "Jim Brown" is somewhere else unknown at this time.

#AMTSCAM
#ASKFBI
#BITCOINSCAM

[rik_khaos]

Josh just can't stay out of the news can he?

[Bicknellski]

Josh just can't stay out of the news can he?

Funny. Some people don't think it is newsworthy. I wonder why?

[rik_khaos]

AMT future plan. Never be heard from again. They sure don't seem to want to respond to the courts.

[tonyca]

anyupdate on this? how do you refund me.

[tonyca]

AMT miner,

any update on refund,please refund my money

you can not just keep quiet or hiding.

[NotFuzzyWarm]

AMT miner,
any update on refund,please refund my money
you can not just keep quiet or hiding.

My feelings on the matter... Happy Halloween Josh

May he someday face those he stole from.
That said, yes I was one of the few that *did* eventually get a working miner. Ran for almost 2 years before retiring it. Far too many others though -- nada.