Quote from: JessicaG on May 28, 2016, 12:28:36 PM

Quote from: fanatic26 on May 28, 2016, 02:26:59 AM

So they saw they were about to become insolvent and stopped operations before that happened. Is there anything you sheep dont call a scam on this board? Just because YOU do not understand how business works you should not be running around calling everything in the world a scam.

Might be, but as a company they did at least to say a poor job. 21m in startup capital, the assets gained from selling hardwares, and all the assets they mined themselves, and they declared bankruptcy? If they are doing around $480 cost-per-coin, then they were obviously doing something wrong in how the company's capital was being averted...

Again they did the same thing they have done before...(see my previous post) leverage from one endeavor to another leaving investors (home miners then ipo cloud and data center investors etc) holding the bag...just when the profits start to happen..they change gears from in the home miner case...mnfg to competion with data halls....with IPO $$$ as partner thru data hall and cloud miner and solar in house only chip investment ..to hey we are going bankrupt and thus JUST at the point in any of these endeavors is it gonna start to pan out for the investors (ie home miners more equip..oops.....sorry we are gonna be a data hall and used your money to be so.....ipo $$$ oops cloud mining does not work any more nor does btc equip mining with the chips you helped finance ...we are moving on to this

http://www.kncminer.com/blog/newsarchive

so it all ends up in the above ..from their fast dealing medicine show.......out of town asap....now the ABOVE from what I understand is making $$$ hand over fist and I did NOT hear about a lot of IPO $$$ to launch that puppy out of house....and remember I think I heard Sam Cole used to be a banker...so it all becomes clear now don't it

(or hell maybe they got IPO $$$ for that too and are going to invest such in the next whatever)

'Evil ..is nimble it seems' Sad