Post
Topic
Board Hardware
Re: Official AMT Thread round 3: Future Plans.
by
AMT_miners
on 21/10/2014, 11:46:00 UTC
So you kept customer's money for how many months? Are you returning any interest on their money?

Actually we ran out of money in June. Josh took a loan from a friend to deliver the miners, some of the refund money came from that. In general we're broke, but we're still gonna try. Yes if possible we will try to include interest on their returns.

Why or how come did you ran out of money? Why not apply for bankruptcy?

60% to chips. 30% to IMET. 10% + the Loan to deliver miners.  Bankruptcy costs money, and we thought if the market held we may have been able to pull through. The idea was to get clients something instead of leaving them with nothing.