Quote from: Lab_Rat on March 08, 2014, 07:57:15 PM

Quote from: goddardnet on March 08, 2014, 07:51:50 PM

Quote from: Lab_Rat on March 08, 2014, 07:29:06 PM

Quote from: countduckula on March 08, 2014, 07:27:24 PM

How about answering about what are you planning to do with the hardware and the hundreds of thousands of dollars invested in new hardware.

I've stated I'm working on the specifics of this.

The 'original' IPO contract states 0.25 BTC for a 'minimum' of 100MH/s.

This works both ways, you refund all bonds held at 100MH/s at a price of 0.25 BTC for however long that takes with future hardware purchases bought with BTC invested.

Failing that refund all bonds at their original purchase price you can interrogate the blockchain - that is what it is there for.

Legally the IPO is not 'fit for purpose' so a refund 'at any time' of all investments means no one is out of pocket - a great idea crushed by 'the man'. Effectively unwinding all financial possitions held.

The honorable thing to do, no?

4 significant issues with this as well as many others.

The original contract stated 0.15.
Not everyone paid this price.
Not everyone bought from me.
I operate in USD behind the scenes.

Point 1. Agree, my mistake.
Point 2 and 3. You have the blockchain and you know how many bonds are held
Point 4. Not my problem, you take 25% of eveything to 'make it work'