Quote from: Spondoolies-Tech on June 11, 2014, 04:55:47 PM

Quote from: NotLambchop on June 11, 2014, 04:53:32 PM

Quote from: Spondoolies-Tech on June 11, 2014, 04:48:15 PM

Quote from: NotLambchop on June 11, 2014, 04:40:45 PM

Quote from: Spondoolies-Tech on June 11, 2014, 04:30:07 PM

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First round of CBMC IPO, assuming it will be successful, will be covered by SP10s hosted by us. That was our only agreement with CBCM.
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Do you need more clarifications ?

Not the guy you're responding to, but could you explain why you needed "hefty collateral" in a deal where you don't seem to be risking anything?
What is this "hefty collateral"?

Quote from: Spondoolies-Tech on June 11, 2014, 01:38:28 PM

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We've due diligence all the parties involved, and I'm 100% confident.
Moreover, hefty collateral has been taken.
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Since our name is involved, we wanted to make sure both CBCM and cowboyminer will respect their obligations. They will.
Even without the collateral, their handling and conduct was professional.

You are effectively selling 10 miners. If I ordered ten miners from you and paid for them in bitcoin, would you also request "hefty collateral" from me on top of that?

For the third time, what is this "hefty collateral"?

For now, we're selling 35 miners, but the company name was involved. We might sell more in the future.
Above $100K

Please answer my questions as they are spelled out:

1. If I ordered 35 miners from you, paid for them in bitcoin, would you run a background check on me (due diligence) and require me to provide collateral in excess of $100k? If not, why?
2. What is the collateral you are holding? Is it Bitcoin, Euro, Dollars, or? The "over 9000" is not an answer.