Post
Topic
Board Hardware
Re: Official AMT Thread round 3: Future Plans.
by
AMT_miners
on 21/10/2014, 12:12:56 UTC
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.

What happened with the IMET money? Did you recover anything? If not then why?

The IMET proceedings are still on going. The priority was the class action not the IMET suit. If you only have X for legal, you spend X on the most immediate concern. When the class action has come to a resolve, the IMET proceedings will continue.