Quote from: Mindsync Miner on April 25, 2014, 09:21:03 PM

Even if LR is to be honorable the contract does nothing to assure that he will act in good faith. Initial contracts were sold on the promise of growth. True it was stated that contracts would be worth a minimum of 100MH/s and that benchmark was exceeded given the 3 way split. However, there was consistent representation over time from LR that we were growing to more and more MH/s.

Going back on that representation and not contractually assuring dividends from the growth that WE paid for is a betrayal to the initial contract holders. It betrays us in that the destiny of our contracts was misrepresented over the course of several Months. Our funds are not protected under contract to be used as WE intended under the terms originally agreed upon. It's a bait and switch to lock the hash rate.

Exactly.

In this new model... new contract purchases would be rewarded instantly with hashrate dividends... when we all purchased... we had to wait until hardware came in before we could get dividends.

SELLING THIS INCOMING HARDWARE TO NEW CONTRACTS AND ONLY GIVING BONUS PAY TO SAID NEW CONTRACTS IS LIKE GETTING PAID TWICE FOR THOSE CONTRACTS! YOU CAN'T SELL CONTRACTS TO THE HASHRATE WE PURCHASED A SECOND TIME.

Your only option to do this correctly, and give us the hashrate WE provided you funds to purchase, is to increase our contract count to match overall hashrate.

YOU DO NOT HAVE THE RIGHT TO SELL FUTURE CONTRACTS TO ANYONE ELSE AT ALL... THOSE ARE OUR CONTRACTS!