Quote from: cedivad on May 24, 2014, 04:42:06 PM

Quote from: perezoso on May 24, 2014, 04:35:28 PM

You and me and few other guys on this forum are not going to create a viable production line overnight.

It doesn't work that way. VMC didn't "created a manufacturing line". They are using the same exact manufacturer HF used, paid them, and magic comes out of that. As simple as that.
You only need money. You need money for the pcb (that is the longest lead time component and that we should then pay asap), you need money to order the components, you need money to place the components, you need money to program and to test the boards, you need money for logistics, etc.

I understand that you want to see HF die, but that's not the way you are gonna get value out of it. They will have what they deserve anyway.

And we will get our trustee, there is no way in the world HF is gonna proceed by its own.

LB is not going to receive 30k chips, everyone knows it, and the "chip divvying scenario" is the worst way possible to get value out of HF. Jesus.

Okay, then Hashfast/VMC's contractor. The point is not who makes them, the point is that the boards are made on a contract basis by somebody who is competent. The board maker gets $ for supplies and a pedestrian profit. Then the assembled boards are ours. I'm not talking about turning everything over to them to sell.

Look, it's an imperfect world.

If, in a few days, Simon is successfully dislodged and a court-appointed manager takes over, then I think your scenarios are okay, but you need to be realistic. I don't think that a court-appointed manager is going to run Hashfast like an entrepreneur overdosed on caffeine. That person is probably going to want to take a couple weeks to get their bearings, weeks during which s/he'll be trying to figure out where all the fucking money went and what assets beyond the chips that they have, and you'll start screaming at them for allowing value to dissipate, and during which (on our present course), there will be intense wrangling about who owns what proportion of the assets. In this situation, can you expect a manager to walk into a company s/he doesn't know and immediately commit all its resources to some sort of Hashfast 2.0 to turn out 40,000 boards overnnight? I don't think that's realistic.

But it's not clear that Simon will actually be deposed. He's planning on trying to lead the company in Chapter 11. Just wait. On Wednesday there will be more talk about how this business is incomprehensible except to insiders like Simon, and Eddie may start to get blame heaped on him. We're a new Hashfast, the attorney will argue, and you don't have anybody with Simon's skills, and we've got a plan....