Quote from: allcoinminer on August 04, 2014, 10:16:31 AM

Quote from: Slipknot79 on August 04, 2014, 09:57:25 AM

Quote from: Xell on August 04, 2014, 09:16:52 AM

Quote from: Derekman on August 04, 2014, 08:59:11 AM

Quote from: Xell on August 04, 2014, 05:43:51 AM

Quote from: gushes on August 03, 2014, 02:33:46 PM

First: There's no chance they have a real lawyer. If they did, they'd redirect every single person to them.

The problem with the route of court-action is that once AT don't show up to court, and the customer is favoured in the verdict, then what? The court-appointed bailiffs are pretty useless and actually getting the money that the court says you are owed can be much harder than winning in court.

You get the claim sent to the high court for £60. Then High Court Sheriffs have much more powers.

This is true, they do - but this is another process that takes time to implement but even with the best bailiffs in the world, what assets can they take? Answer: Only those belonging to the debtor (in this case the company itself).

Bailiffs are not the answer here. It will take months before they get into any premises (original court ruling + initial bailiff notice + initial rubbish bailiff + high court ruling + more bailiffs + `last resort' forcing entry) and once they are inside the company premises all they can take are assets that belong to company - I don't know what people are expecting those to be but I somehow doubt the company haven't thought about this already. I'm not sure what the rules are about bailiffs and company debts - the assumption here seems to be that the bailiffs can go round to companies as they can individuals.

Lock their bank accounts. You can do this with friends of Putin, you can do this with Alpha.

That will make sure that they go bankrupt and you pre-ordered guys loose money.
They may not have nothing for you to liquidate than the worthless rented ugly office shown in that picture.
It seems they are trying to deliver but a lot of other factors including their lack of capacity and experience
being a manufacturer of think kind of a hardware killed their intention.
So, I don't think they are trying to scam. They will finally deliver if you are not going for legal action and hit them.
The resultant will be filing bankruptcy if possible.
Never think of getting your money back since they have nothing in bank to give you or the legal system can take and give.

The possible option is to group all the pre-ordered customers and send some representative to discuss in person with the company owner. Understand the real problem and help them by helping you to sort it out by setting a new date.
Adjust the price & hash power as per the date. And black&white it with the help of some advocates.
This will only give you some return for your pre-order otherwise nothing going to get back than a small % refund of your pre-order, that too if you are extremely lucky.
You guys have no other choice than sorting it out like this.

I think they will file for insolvency soon anyways. Shuffle funds/development off to another company and/or flee the country. it would not surprise me if they are out of the country right now, and all last week was a ruse to give them time to "legitimately" transfer funds and board plane. My feeling is we have lost everything anyway. I do not expect to see a penny back but they need to be brought to account for their failure to adhere to UK regulations.

I would love to know where the MD got his Masters from. Everything now stinks.

the only way to secure anything is to get an injunction on the company and i don't have enough money for that. We would need Baristers (£500 per hour) and solicitors (£250 per hour) and with all the evidence and people involved it would be a huge task sifting through the information. this is what they are relying on. so only the authorities can deal with them properly.