Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
dogie
on 22/12/2015, 18:16:14 UTC
Frightening really, I know of individuals digging into their own pockets to the tune of 100,000 USD to 200,000 USD to buy equipment for themselves in the early days. Here to be struggling to raise a meager 750,000 USD through some Micky Mouse OTC company is shocking. Could of easily tapped +/- 7 x long standing customers for a bail out and kept their points. Does not bode well for the future.

There are so many conditions on BTCS' "investment" that I can't make head nor tail of it, pages of terms in the additional documents. There aren't any additional details on the Spondoolies part of it but there may be additional conditions. Also Spondoolies will be getting an additional ~$300k in sales from BTCS on top of the direct investment.