Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
scr3u.ucr3trs
on 16/08/2014, 23:56:04 UTC
Are you still blaming Monica because we dont have a cro yet?

Why do I have to beg for updates?

Agreed.  Why?  And frankly, blaming Monica is getting really old and annoying.  

Appointing a CRO is a voluntary action taken by a company.  If the CRO hasn't been officially hired yet even though HF's lawyer told the court last Friday they agreed to hire a CRO then that is because whomever is in charge at Hashfast is dragging their feet and hasn't signed the paperwork making it official.  I agree the run around we are getting is really old but lets not fool ourselves about where the problem lies.

Further more as has been repeated multiple times here, the LiquidBits deal would have in all likelihood resulted in $0 being paid out to customer creditors who are owed refunds.  The only people it would have benefited are a select group of Hashfast's suppliers and employees.  You can't get a worse deal than zero.

O, and by the way for anyone who still thinks that a different law firm should have been chosen to represent the creditors the choice that some other people were pushing made the legal news yesterday because they are being sued for hiding conflicts of interest and over billing in a bankruptcy case.

http://www.law360.com/bankruptcy/articles/567327

Simon is the only one at the company that can sign for a CRO but who cares.  The real question is who is getting money for the creditors?  the committee isn't for sure.  Any deal would have been, in hindsight, way better than the legal fees that the CRO is going to cover - we creditors are completely fucked.  And its good the committee is being sued since they are the ones that have caused the damage. 

So whats the plan?  Now that there are no employees left other than an engineer and the illegal founders who screwed everyone, and a CRO how is the money going to be made back for us all?  seems like a trustee is now in order.

The link didn't open - who is suing the creditors counsel?  Eddie?  he's the only one although I have heard there is a lot of disgust on the committee since the leaders don't agree on a direction. 

And the only reason I'm not posting my name is that this forum just likes to trash people for the heck of it as nobody has any brains on here as all they do is sit around all day on blogs and complain.  take some action instead and figure out a plan and sell the shit.