Quote from: sparky999 on January 11, 2015, 12:14:17 PM

Quote from: btcrealm on January 11, 2015, 05:39:44 AM

Quote from: smracer on January 10, 2015, 04:39:33 PM

Quote from: carnoto on January 09, 2015, 02:32:29 PM

Is this good for us?

Butterfly Labs Resumes Shipping, Sets Timetable for Refunds

http://www.coindesk.com/butterfly-labs-resumes-shipping-refunds/

Labrat has stated in the past he has opted for a refund from BFL. I am assuming he bought around 60 monarchs and should be getting around 500BTC+ refund.

I would like to start a petition to distribute those coins to the investors and not use them to buy more hashrate that will just go into Zach's pocket.

Per previous posts by Zach those funds had already been refunded and he was already putting them towards new hardware.
This was quite a few pages back so I didn't go looking for it.

At this point I think we can hope those BTC were reinvested. If they weren't they might be going towards the lawsuit right now. Also (I'm not a lawyer) I don't think any funds could be refunded/redistributed to while the lawsuit is going on.

I don't recall seeing LabRat say he had received the refund only that it was due soon and then all this crap happened. I assume it is being used for build out costs for the franchise deal with Mega

LabRat or grnbrg can either of you comment on any of this and / or give some sort of update? (grnbrg hasn't been on since Dec 17th, you still around? However Labrat was connected on the 14th of Jan)