Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
sparky999
on 09/03/2014, 09:23:26 UTC
There are issues with a percentage being considered shares and a contract being considered a sale.  I will attempt to clarify more over the course of next week when I have more legal documentation to explain.

Also, I've done the math and liquidating the company's assets will turn out worse for the contract-holders as well as myself (rather than paying out "dividends").
Hardware just doesn't sell for what it did in may 2013......


There is no  issue with a contract being called a sale in virtually any jurisdiction in the world Zach. Cell phones anyone?

The only way this is going to end is with a lot of lawsuits for breach of contract.