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Re: SkepsiDyne Integrated Node - The Bitcoin Mining Company
by
SgtSpike
on 21/11/2011, 07:38:59 UTC
To others: The time I logged is from straight working on computers.  It does not involve the time I spent driving around picking up materials, it doesn't cover gas, it doesn't cover wear on tools, it doesn't cover time spent on this project besides working directly with the computers, it doesn't cover internet costs, it doesn't cover insurance costs, and it doesn't cover property taxes, to name a few things it doesn't cover.  And that's just my things it doesn't cover.  The value from the contractors is straight time paid, it doesn't cover workman's comp, it doesn't cover the materials they donated, it doesn't cover gas, it doesn't cover their insurance, and it doesn't cover their fees, to name a few things it doesn't cover.

So here is the ultimatum: I will give you a total time logged.  I will give you the activities that that time was spent on.  I will give you a (non-comprehensive) list of materials that were donated or borrowed that otherwise would have had to have been bought.

Or I will sit down and basically audit myself and account for every screw, every plug, every wire, every second of my time, and bill the company for it all.  I will ask the contractors for bills.  These bills will be far greater than just time worked (which will also be on there, except at their actual working rates, far greater than the $30/hour or so I am giving them).  I will gladly post the proof of these bills from the contractors.  At that point there will be no going back, and the contractors will be paid their bills to the best ability of this company.  Their bills will be far greater than the $10,000 we could expect to make from the liquidation.  Investors will not see a single cent of it.

Perhaps some of you aren't grasping the magnitude of how much was given to this company to make it work.  I didn't collect dividends so this company could get off the ground.  I didn't charge for time spent so this company could get off the ground.  I called in a lot of favors from a lot of people to give me help for free so this company could get off the ground.  I am tired of people acting like that did not at all contribute to the company being profitable, and that it did not contribute to the dividends the investors got, and that it didn't contribute to the growth we were able to experience.

So here's the deal: say the word, and I will put up a motion concerning this.  I won't vote at all on this motion, it will be purely an investor vote.  Just keep in mind, if that motion goes towards asking for bills, there will be no going back, and there will be no money left for investors.
Do you even understand what a contract is?

All of those things you listed, your driving around, gas, wear on tools, time spent on the project, internet costs (aren't you paying for internet anyway??), insurance, etc.  None of those things were included in the contract that YOU wrote.  If you wanted to be reimbursed for your time, you should have written that in your original contract.  If you wanted to be reimbursed for your gas, or insurance, or internet expenses, you should have written that in your original contract.  Since you did not write that in your contract, you can expect to be reimbursed for NONE of those things.  None.  Nada.  Zip.  Zero.

Was that a mistake on your part, that you didn't have those things written in to the contract?  Probably.  Does that mean you can steal half the company away for making that mistake?  Hell no!  That's what lawyers are for - to write up contracts that cover everything that could possibly come up.  Since you didn't write it up with a lawyer, you missed some stuff, and you'll have consequences because of it.