http://www.blackarrowsoftware.com/store/index.php?dispatch=news.list&page=2&sl=en

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We have also approached various credit card processing vendors. As soon as we find one willing to work with pre-orders, we will be able to process credit/debit cards. However, because this process might take longer than the time required to sell our first ASICs batch, we hope that the absence of the Credit/Debit card process will not stop our customers from placing orders with us.

I hope Visa doesn't find out that I've been accepting pre-order payments for barn wood that I've yet to procure due to not having what's been order on-hand, otherwise I may have to only accept cash or bitcoins, knowing that checks are way too risky.

Also, from the same source dated 30 Sep 2013:

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After consulting with one of our prospective resellers, who have had more interaction with PayPal than we have, we understood that PayPals business model does not fit very well with pre-orders. Because our delivery date is over Paypals 90 days delivery threshold, we risk having our PayPal account blocked with all customers money in it. If such a thing were to happen this might cause huge delays in deliveries and we want to avoid this at all costs.

I'm pretty sure that the reseller Alex(?) is speaking of is Matt Carson a.k.a. bobsag3, formally of Missouri, but recently moved his plants and hosted miners and hookah to his massive warehouse (his words) in Denver on January 1, 2014, where growing and smoking weed is legal, after paying only the initial September rent, forget to pay October, November and December.

Also, how does a company that's been in business for so long not know about PayPal's terms, claiming to had to have them expressed to them from a hash-head in Missouri?

Now, my favorite BA quotes, juxtaposed to show contrast.

Quote from: blackarrow on November 12, 2013, 04:38:15 PM

Quote from: Puppet on November 12, 2013, 03:01:46 PM

Instead of escrow, why not use multisignature? Its easy to do on blockchain.info:
https://blockchain.info/wallet/escrow

No risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything.

We can certainly do that. But what happens if the Bitcoin goes down by the time we can cash it out?

I also do not see the reasons to offer a discount for these transactions.

The way that we see it, our customers who have placed non-escrow pre-orders are our investors, hence it is our duty to do our best to maximize their revenues. They will receive discounts and price guarantees.

Escrow transactions where we cannot use the funds to pay the foundry and engineers, are just ... sales that require more of our investment.

Quote from: blackarrow on February 10, 2014, 06:00:21 AM

Quote from: outgaged on February 10, 2014, 05:49:12 AM

as much as i hated that guy, i don't think all his post should had been deleted.

Maybe, but unfortunately we do not have time to read all his posts. We have work to do for all our paying customers, and have no time to waste with a random jobless individual who's not even our customer.

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sadly i will be seeking a refund to because i now dont believe my x1s will roi due this mayor delay and mtgox going down.honestly you guys could had done a beter job handleing this.

We are selling hardware. We are not investment service.

For not being an investment service, they sure the hell aren't going outta their way to distant themselves from such.

BTW, the random jobless individual they're referring to and opted to not waste their time on is me.

The following is a post of mine that was deleted by Black Arrow, of which was quoted by a couple other bitcoiners, of which they, too, have been deleted, but I did post it elsewhere during the same timeframe.

Hardware supplier or investment service? You decide.

Quote from: Phinnaeus Gage on February 10, 2014, 09:27:41 AM

Quote from: blackarrow on February 10, 2014, 06:00:21 AM

Quote from: outgaged on February 10, 2014, 05:49:12 AM

as much as i hated that guy, i don't think all his post should had been deleted.

Maybe, but unfortunately we do not have time to read all his posts. We have work to do for all our paying customers, and have no time to waste with a random jobless individual who's not even our customer.

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sadly i will be seeking a refund to because i now dont believe my x1s will roi due this mayor delay and mtgox going down.honestly you guys could had done a beter job handleing this.

We are selling hardware. We are not investment service.

http://bitcoinexaminer.org/alex-berk-black-arrow-as-soon-as-14nm-is-available-well-release-a-new-asic-that-will-outperform-any-other-14nm-designs/

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After the recent launching of the Prospero Bitcoin mining machine and the ASIC the Minion, the company Black Arrow is currently in the center of attention. The brand, founded in 2010 in Hong Kong, has established its presence in China and now wants to conquer the rest of the Bitcoin world.

After spending some time developing hardware and embedded firmware for several clients, Black Arrow discovered cryptocurrencies about one year ago. And we have been fascinated about the concept ever since, reveals Alex Berk, the representative of the company who talked with Bitcoin Examiner.

We interviewed Berk to find out more about Black Arrow and the news are amazing.

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Well be supporting financially our Lancelot customers to upgrade to our new products in order to be able to recover and make money on their investment, thing that has never been done in Bitcoin industry.

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Prospero X1 is right for every customer that wishes to get the best return of investment, but dont have the space or money to spend for mining Bitcoins.

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Its understandable because the difficulty rose so much and they didnt have a chance to recover their investment.

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We understand that the relation between a vendor and customers has to be win-win. We are trying to address this by guaranteeing our customers that well do everything we can to protect their investment.

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We will do this through offering the best technology available, aggressive pricing, limiting the number of ASICs that we put on the market in order to give everybody a fair chance of recovering their investment and earn money.

Is there another definition for investment that I'm not aware of for, in the traditional meaning, it sure does sound like you're offering an investment service? Then again, I'm just a broke dick troll living in my mommy's basement because I can't hold down a job.

Quote from: blackarrow on April 30, 2013, 10:47:23 PM

Quote from: GenTarkin on April 30, 2013, 07:33:10 PM

with asics here... I have a question.. WHY?!

Few reasons:
- Because we do not have ASICs
- Because ASICs are not available for everybody
- Because at the current prices of the ASICs we are just as performant.
- Far better ROI than any investment fund, bank, etc (100% in 4 months - with the current difficulty rise)

http://www.blackarrowsoftware.com/store/index.php?dispatch=news.list&page=2&sl=en

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At todays Bitcoin price and network hashing rate, X-1 would return $682 in 15 days and X-3 would return $13845 in 15 days.