Quote from: MinermanNC on August 31, 2013, 12:15:51 AM

Quote from: jdape on August 31, 2013, 12:06:47 AM

Requested a refund last week, and again today. Haven't heard a peep from TerraCrash.

PayPal is investigating them again.

I would expect they are under the circumstances....

If you request from TH chances are you will get no response. I got my paypal refund long ago. They could have cared less about dispute they never once responded within paypal. Once it was escalated to claim they TH threatened me about paypal rulling aginst me and what would happen. This is where my TH feelings came from.

With amount of claims and disputes TH's account has gotten i would be surprised if they are able to use it with future orders. They will most likely want BTC only.

My predictions or as bar called them doom and gloom were really very much spot on:
"Most likely predictions:
They claim to change chips, this basically extends time they have and they will promise higher speeds with newer generation of chip.
They claim to change chips, make this a big announcement and open up preorders again."

They have made a partial announcement, when they make next it will be a different chip. TH HAS NOT designed anything they are a middle man trying to pay others for design, parts, etc. Really they take orders..... and there should have been a product is how the company should have worked.

When their big announcement comes out will no doubt re-open ordering(yes this is my prediction see if my magic 8 ball works again). If they don't re-open orders with announcements i will NEVER post in this thread again.

After how TH treated me i worry about other current customers trying to get money back. They have already said they don't have the equity to refund all orders. Please look at how a Incorporated company works, and legal laws with it. One of the main reasons you become a Inc. is to separate personal assets and business assets. (They could make a argument it makes it easier to sell.... but i don't predict this..... also i don't see their reason having to do with any business loans as i truly doubt they could get it without substantial collateral). With being incorporated if they are sued or paypal goes after them personal assets and business assets are completely separate. IF THEY ARE SUED AND YOU WIN The salary the even they mentioned in expenses will never be seen again by buyers. Their building rent, electricity, internet which we know they have expenses will never be seen again by buyers. Many of their expenses they mention have yet to be verified, even some verified such as chip orders they later said were not expenses with magic get out of order clause. If you were lucky un-verified expenses have been false. Leaving more money for buyers.

Anyways those on the fence looking at waiting the three months they said they needed to get money for 100 percent refunds just think. If they cannot produce your money now, and they have not successfully produced even a small quantity yet alone a big order. What will change in the next three months to make them profitable? They don't have a proper working K-16 without errors and poor speed. And they never did produce that K-64 they said they were working on to show. What do they do with their sample chips?

When new announcement comes out, think hard before putting money in a order with them or any upgrade fees. And without a new income of cash they will no doubt fail. They don't have cash for refunds, how do they have cash for new product that will be announced?

/End of feelings after 200 pages
(I am not a lawyer or play one on TV what stated is my own personal opinion and observation's. I could and do hope i am wrong for bitcoin community on TH, but don't believe I am)