Post
Topic
Board Hardware
Re: Troll free thread about the facts of HashFast's bankruptcy
by
kikaha
on 04/08/2014, 17:03:00 UTC
From https://icedrillasic.appspot.com/ IceDrill is DigiMex, so they are an early Batch 1 customer.  Agree that don't understand what is their motivation to help the creditors.

Do you have insight into this new creditor proposal?  Can things get resolved quickly so we can all get some or all  of our money back and move on?  Before August 20th?

Sorry, I don't have any such insight.  MinorMiner probably does, but he'd rather dox and stalk me than let the us know what brilliant move Koi is planning next.   Roll Eyes

Their original scorched-earth plan (Chapter 7) went nowhere, and now they are struggling to deal with the other, more reasonable, creditors.

Koi and Gallo deserve each other, from what I've read.

With luck, LiquidBits and IceDrill may form an alliance to sell the IP, fund board assembly, and host miners, to the benefit of all creditors.



The creditors committee has to come up with a plan since the LB plan wasn't approved by them, so it won't include LB at all as they've said publicly they don't trust them or there ability to run a mine.  But they talk about the Eddie-Guido franchise plan which has to be just as un-trustable as the LB one.  Who is IceDrill and why would they do anything for the creditors?