Post
Topic
Board Mining (Altcoins)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
by
gushes
on 26/08/2014, 23:19:01 UTC
somewhat of a legal question here, and I know you guys arent lawyers but its something that i think needs brought up. For the people still waiting to hear about the shares deal, what happens if they somehow do pull off a miracle and ship devices before the end of September, but prior to offering you shares or doing anything to move that forward?

If they ship them and you accept it prior to getting shares, is that technically the conculsion of the original contract you signed (which included nothing about share offerings)? Couldnt they then just not offer shares and claim the original contractual obligations were met? I understand that offering shares in a company is something that takes months worth of time, but their lack of transparency in this endevour makes me think they are just trying to bide their time. They could at least be releasing a road map, timeline, companies they are working with for audits, etc.

I'm not holding out for the shares, but i know there are people who are and this could be another way alpha sticks it to their customers.

They can't legally offer shares to everyone that is in batch 1.  So don't even take that into consideration.