Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Jolest
on 27/04/2014, 22:10:31 UTC
LR, very simply:
    (under performance)
 + (lack of explanation for under performance)
 = distrust

If LRM were delivering on the original planned schedule, hashrate would be steadily increasing, every bond holder would be receiving x20 higher (or more) dividends than what they are seeing, and their bonds would have a decent exchange value.  If that were the case, you wouldn't be seeing 99% of the fear in this thread and people would be MUCH more likely to accept contract changes without all the FUD.

Instead, hashrate (as far as WE can tell anyway) has been almost constant for many months.  Almost every dividend is significantly less than the previous dividend.  And we can't seem to get answers from you as to why this is happening and when the situation will improve.

Asking people to accept unilateral contract changes when LRM hasn't been delivering -and- then wondering why people are grouching about your lack of explanation for the situation doesn't show much understanding for the motivations of your investors.

LRM's lack of performance and YOUR lack of communication has built this situation.  ONLY by rectifying these factors can you earn back the trust of the people who invested in your dream.