Quote from: Searing on April 24, 2015, 04:23:05 AM

Quote from: Xialla on April 23, 2015, 03:07:09 PM

Quote from: btcusury on April 23, 2015, 02:01:39 PM

if not, the retainer money is lost, and KNC will have fucked us even more

THIS is the reason, why I'm scared to join. I lost because of those swedish retards thousands of dollars and I'm somehow living with it but...if court will be unsuccessful for any reason I will lost even more..Is there any assumption about success court from somebody, who is familiar with law?

good luck with those fuckers anyway.

yeah my issue as well......i can't see KNC not appealing this up the courts in Sweden for 10 years.. i mean we are talking millions of dollars here much better to just pay
the knc law firm for a few years (and hope btc goes up in price i guess)..drag it out forever

and then IF YOU LOSE you have to pay KNC's legal costs which would by that time be CONSIDERABLE imho

my situation is different due to circumstances with bank error and now a biz and file taxes etc
..i can by being a legal biz in usa and such with equip depreciation the 10,131.80 miner down to around 7598.85 usd loss when it all wraps up
(have yet to pay any taxes on what i've mined vs equip i've got..so golden there)

thus with what I've mined ...i kinda am at a loss if this makes sense due to the above concerns

as to those who do pursue this good luck .....just my circumstances that retainer and what i've mined in coin ..the risk would be considerable in comparison when it is all
shaken out vs what I can maybe probably be close to ROI just riding this beast out..and i assume any settlement I would be taxed on anyway....so it would all come out
the same in the wash?

also unsure of status....when I ordered the miner (for like 6 months) was NOT a legal business....after april 10th 2013 WAS a legal business everyone knows knc's view on that

and I've sent previously 2 emails to the knc class action in the usa version with NO reply..that also is not encouraging

not a slam and better info then i have is appreciated....just from where i'm sitting on the fence what i'm pondering following this thread of thought on the class action

I wish I could find the quote I think it said the minimun number they would do class action was 20 people (I could be wrong), but I think it was around that number. If that is true they want 30k to go ahead with KNC lawsuit. Please correct me if I'm wrong on this.

I have only dealt with lawyers in two occasions. So I'm not a legal expert. The one that really was a big deal he knew he could do it and he set a percent as he believed in the case.

These lawyers might be great... but I think they should have went with a percentage vs the retainer on class action if they believed in it.