Honor is the proper way to phrase it. This is a rinky dink operation to give someone money to buy mining gear and those who gave get returns of the mining. A gentlemans agreement and plan that does not require a lawyer if a person just keeps his side of the bargain. Give them their fricking money from mining, sell the gear, and buy back the bonds to the best of your ability while being totally transparent. I doubt a single investor would complain if it was done straight up. Get the info and square it away with users.

Instead we have the operator running to a lawyer which is always a bad sign in my book when involving something of this size.
It screams, to me, i have no idea how to deal fairly with others in a time of crisis and i better cover MY ass first. Plus i have everything and others can kiss my ass as i make the rules as i scheme them up.

The end game is this. Pay mining profits. Buy back bonds for next to nothing. Keep gear. Trade in for newer asic gear and keep itfree and clear. Highly doubtful operator will start new bond/share plan. Just mine with asics for himself.