Anyone know where this ended up?    This is just curiosity at this point.

I have done a little googling and found this:  https://casetext.com/case/gordon-v-zachary-dailey-lab-rat-data-processing-llc-2       Which shows court proceedings were still ongoing as the court denied Zachary's motion to dismiss the claim.   Not sure what happened after that.

It also looks like the lab_rat account continued posting in 2018 and looked to be promoting some sort of crypto currency operation.   Not sure what that is all about: https://bitcointalk.org/index.php?action=profile;u=70379;sa=showPosts    Is Labryan Ratcliff = Zachary Dailey?

Also this:   https://cryptomaa.com/scam-alert-beware-of-scammer-in-bitcointalk/

I've given up any hope of it going anywhere (getting any funds back)... But would love to know what ever did happened...  I can't believe how long it has been going on for!

Bump.  Everyone given up?   any news?

Bump...  Has everyone given up?
Any news from the litigation?

LOL.  Yes quite true.  I thought I had only hit the Trifecta... My luck (choices) really are astounding!

So I've been BFL'd, GOX'd and now Lab Rat'd...    Woohoo  Another thing to add to my BTC resume


So Zach.  If it is out of your hands can you please supply the details of who's hands it is in?

Due to the lack of any sort of action on this message board does that mean that anyone who had any serious amount of money in this has been paid out and signed a non disclosure agreement or currently part of a legal battle?    Just seems to have been wayyy to quiet...

Personally I sunk a few bitcoins (Few hundred at exchange rate when I jumped onboard at the start)...  Isn't going to change my life losing or getting them back... But is there anyone still here who knows anything who can comment?  Or has lost significantly more and not doing anything about it?

https://www.youtube.com/watch?v=K8E_zMLCRNg
crickets... 

LabRat or grnbrg can either of you comment on any of this and / or give some sort of update?  (grnbrg hasn't been on since Dec 17th, you still around? However Labrat was connected on the 14th of Jan)

Hi Labrat

Can you please explain how the bonus is working.  In your signature you state that currently 17.7TH/s is contracted and 130TH/s is bonus.  Shouldn't that mean the amount of BTC created by bonus's should be approx 7.3 times the amount mined for the contracts?  As it stands the payout is under half of that at about 3.2 times.

mOo

The reason you are in this mess (according to my own opinion) is due to your excellent communication during the sale of your contracts and giving off the feeling that you were going to be open and honest with all future dealings.  Then after you had all of our money/bitcoins we were left significantly in the dark for extended periods of time and when you did communicate there was very little transparency to help gain back any trust.  
With significantly less returns than anticipated.  At this point it is extremely hard to see how contract holders can get anywhere close to breaking even let alone make any sort of profit.  The only way I could see your redeeming yourself is to start providing details on everything (honest generation, outgoing expenses (laywer fee's?), incoming hardware, how much you are paying yourself, etc), you chose to make your "company" public by getting the public to fund it remember...

Regardless, my offer still stands as per when you forced the new contracts onto everyone.  I'm happy to walk away with you paying me back the balance of the bitcoins that I paid for the initial contracts.  You can think of it as an interest free loan that lasted for more than a year!

I guess bob is the 8th... so... I'll be the 9th...

I wasn't expecting Labrat to build a data center...  And as I said, as long as it works it makes no difference to me.  But the fact that it had been called a "datacantre" made the picture in my head significantly different to what the photo's showed and I obviously made the wrong assumption he was renting rack space.
(Perhaps my idea of a data center is different to others, so as a brief explanation I am an IT consultant that deals with small to medium businesses from around 10 to 600 PC's.  This has allowed me to work in a number of small and large data centers and numerous small business server rooms.  Small business server rooms can range from downright crappy to quite elaborate, however all data centers I have worked in have at least visually looked quite similar with rows of server racks and the above mentioned fit outs.)

Is it just me... or was anyone else expecting to see a "data center" when looking at these pics?  All I see is someone's spare room or even living room?   It doesn't really bother me too much as providing it doesn't burn down it will still produce the same hash output...   But, calling it a data center makes it seem like it is in a building designed for computers with racks, secure access (theft resistance?), fire suppressant systems, proper power backups, resilient internet connections, all humidity and climate controlled... you get the idea.
To me it just looks like a decent setup in someone's house, flat or apartment.  (I like the giant fans behind each wire rack!, were they turned on?  Or just there in case of air-con failure?)

Well you could dream that he was setting up new equipment.  And you never know, he may just be doing that...  However, if he is, what is the chance it would actually get put into the LRM pool for dividend payments?
Considering we are now at 100MH/s with an undefined optional "bonus" payment for being good little suckers and promising not to sue...

I'm not sure if anyone has posted where we are at in terms of how far we are in the red.  But this is what I just worked out.  (Please correct me if my math is out, or I have received significantly different amounts to other users)   (I don't recall if I purchased all in one transaction pre-hashing time, or if I purchased a few more after hashing started so if I have received slightly less then this could be the reason why).

I have a massive 28 bonds / shares pre-split (84 post split).   So far they have generated me 0.502283 bitcoins.  Which works out to be 0.017939 per share.
I paid 0.15 per share so from what I can tell I have received just over 10% of my initial investment.  Now this would be a great return if we could cash out at or about the same amount for what we paid for them.  However with shares worth sweet FA there is along way to go to get into the black...

Labrat are you able to explain the large difference between the "Bonus" paid out last week compared to the most recent one?

Well that AMA was a complete and udder waste of everyone's time.   What a joke.  It is not legal "advice" to state what the legal problem is and what law is stopping you from keeping the original contract in order. (by original, I mean the original proportional contract, not the sudo original that is fixed). 

As you have stated you would use OUR funds to pay for lawyers etc.  So why can't their advise be shared with everyone.  We helped pay for it, so what's the god damn problem. (Correct me if I'm wrong but... AMA = Ask Me Anything?  Well.... seems like we can ask what we like, but you don't have to answer shit)


I was sold on your investment by not having to look after my own mining equipment and it was the equivalent of a set and forget setup.   I have wasted more time following this forum than I did by following BFL's notorious 2 weeks when I had equipment with them.  And to be honest, I got more information from BFL's announcements...  Can't believe that this AMA wasn't even announced by email, Twitter or on the website...

I'm not a big investor, but I'm standing up and stating that I am happy to go along with any party who is going to be pursuing legal actions.

Mad CoW... out...

Anyone else notice this was posted on the morning of April 1st...  Really nice way to try to make all the people you scammed feel warm and fuzzy...

Andre you state that you have been paying people's money back?   Has anyone actually received any of it?    No one has posted on here about you contacting them to try to give money back    (For the record I had only a very small amount that went missing.  All thanks to Dooglus and his fairness and honesty!)

Considering Andre was requesting the bitcoins you were holding last time it begs the question if money really went missing.
Thank god an honest person held onto them!

That's a crack up.  Let's just hope he can't find the technical help he needs.  He must think that leaving his head in the sand for a year or two is long enough to make things all good again.

Also congrats on your sites taking off Dooglus!