Quote from: anykeywhy on October 11, 2014, 11:27:19 AM

Quote from: elviselvis101 on October 10, 2014, 09:08:16 PM

Thanks for the update, so lets work together to resolve this: first could this, Swedish attorney Magnus Daar, be an option for us;

https://www.cryptocoinsnews.com/knc-titans-missed-quarter-3-deadline-refunds/
if we (you) follow the guideline ?

(I still do not understand the tax part: no vat when trading between eu companies, I never pay import tax when buying hardware from Germany, I am in Denmark.

Nice catch! Thanks for the informations!

We'll contact this lawyer in the coming days, in your opinion, how much should we offer as "bounty" if he can accept our case? Something like the 10%-20% it would be good for you? Any other suggestion? Are we sure to go that way (better to vote for a majority?)? (please continue reading)

about the "tax part": at the moment of purchasing a good (EU-EU), if you pay the VAT at the moment of buying (eg. included in price), then no other "taxes" are due. Elsewhere, if you haven't paid the VAT at the moment of buying a good, it goes "suspended" and it is due later when the good is shipped/transported/received... because it wasn't included before as a component of the final price during the sale (the VAT "isn't an asset" under control of the seller nor of the buyer)

If we'll be able to go for the legal way, we wouldn't need anymore the PSUs and we'll have to be ready to ship back the Titans once we'll receive them...

BUT, at the same time, we'll be charged by new risks and new costs... what if the legal-way doesn't succeed or become only a waste of time? The lawyer should be paid anyway, the time lost will not come back, and the residual-value of the "investment" would become a great question mark in case the legal action for some reason wouldn't help us... Unfortunately, we have to consider the bad scenario too...
Another point is that "the public faces" and the legal responsibilities for such actions will not be "technically" yours but ours... as eventually, the consequences would impact directly on us and not you...

Are we sure that wouldn't be more convenient for us to wait to receive the miners and to try to sell them in some way, in order to recover as much as we can but without adding other variable costs, risks and time? We would also avoid big-volume and unjustified bank transfers and fiat amounts that would happen in case of "legal success"... that more likely would also trig unwanted red-flags, verifications and additional taxes for us...?

We think that we should consider and ponder well the costs/risks/timings involved in both "ways", the legal one and the selling one... please, share your opinions here!

Thanks and Cheers!
-akw-

Hi anykeywhy,

Thanks for the tax explanation, holy crap, I did not know that, it sucks. Now a refund is a much better "deal", no need for paying the tax and psu´s + somebody said the mining value is now 27 times worse than 6 month ago!?! Now I understand your problem of going "public" in a suit , that makes this situation more messed up. My suggestion, a poll with options, fair for you and os.... can`t come up with something better right now.

Bounty to the lawyer of 20%. The return-law is the same here in Denmark, so if there is money in the company at the time of court decision, KNC will pay, but many unknowns here...