Quote from: HardwareReviewer on July 20, 2014, 01:32:17 AM

Quote from: Minor Miner on July 19, 2014, 09:53:29 PM

Quote from: cedivad on July 19, 2014, 05:08:10 PM

Sale Motion:
http://hashfast.org/Sale-Motion.PDF
http://hashfast.org/Sale-Motion-Declaration.PDF
http://hashfast.org/Sale-Motion-OST.PDF

Transcript of the committee hearing with debtor (includes the one we dont have an audio for):
http://hashfast.org/071514.pdf
http://hashfast.org/071514.2.pdf

What a crappy deal for creditors. Do we get to know everyone who has any financial interest in liquidbits? Because they are obviously in bed with Eduardo and Simon.
Simon and Eduardo get to keep all the intectual property that was paid for with creditors' money. And they avoid all the nasty inquiries that seem even more likely to route out misuses of company money. The little inconveniences that would require them to repay money they took and possibly face charges.
Liquidbits gets free use or all the chips and the IP to make more chips and boards without paying creditors anything up front.
And we creditors get nothing but the hope of a chance to get partial repayment of our claim over two years by a company none of us know and who had already entered into shady deals with hashfast before.
Hopefully the judge sees what a joke this is. They seem to value their debt at 100 cents on the dollar and include it in their assets or contribution yet all other creditors' debt was valued at zero and only given a continent possible partial payback. Where is the notarized capital structure of liquidbits so creditors can even see if they have sufficient equity in place to do what they claim?

I agree with this comment Shocked

. So basically one creditor gets paid off. The rest of us can only dream, hope and wish.

So this is the TL;DR version? Liquidbits (whoever they are) get paid and the rest have to wait 2 years to get just a part of what they paid? What's the reason behind this and why isn't everyone treated the same and why isn't HF's crew behind bars?