Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
notabtcnuub
on 28/02/2015, 14:54:01 UTC
Painfully listening the audio of the last hearing (Docket 314) and other recent documents on https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/120873/
* Some native american indian tribe is buying up everything remaining for $750K (quick statement by the girl attorney in last third)
* $1,070,000 in administration claims gets paid out first (Docket 316)
* These leaves zero dollars for all of us unsecured creditors
* So after many many months of bankruptcy proceedings, the creditors get absolutely nothing.

>> Surprisingly, people at HF (Eddie and Simon?) were paid $63,311 in salaries in December. (Docket 319)

what is the recent update?

What update? I thought HF sold all their assets for 400k$ to some Venezuelan businessman. End of story.