There is a good chance that contract holders will get a significant portion of their principal back. The details are currently being worked out. Please understand that there is currently a lot of blame shifting going on, but AM management shows an active interest in breaking the gridlock in order to be able to concentrate on getting the business back on track.
Right now I'd like to provide the following clues a) You will not get 100% on the principal amount. While this may hurt AMHash buyers, please note that AM is certainly not making a profit from this failed product in any way. b) If you consider litigation or are in talks with a lawyer, you may want to wait this one out. Chances are that after taking into account the cost of litigation or lawyer fees you end up with less %. Also the contractual situation is very complex - you may end up suing the wrong company. c) You may have to prove your contract. Please make sure that you got proper documentation ready. However, if you hold a contract through one of the platforms, there may be a consolidated method which doesn't require proof. d) If AM recovers from this crisis, there may be more coming down the pipeline for affected people in form of discounts.
I'd like to remind everyone that I am not a company representative, which means I cannot warrant for the correctness of the information provided. Unfortunately the company cannot announce anything until the details have been worked out. Act accordingly.
Also, if you'd be so nice and cross post this to inform AMHash holders - I don't have a map for where AMHash was marketed.
Thank-you Jutarul for the update, look forward to seeing how much we will be given back for our Amhash shares.
You're not the only one who has problems with the funding but we accept all who are supporting our action. Perhaps you could contribute by spreading the word here and via social media? We need ideas, I do not have all the answers and solutions. I don ot think public list is practicable at this stage. I would prefer contact on PM and once we are confident we may approach someone with our queries we will do so.
Guys, we don't need to pay high cost lawyers etc. It is pretty obvious that we were scammed, so we have the right to call our countries embassies in China for help. I for myself am preparing a folder with all personal Details of Rock Xie, Friedcat, Asicminer etc. I will send this to my countries Embassy. Everyone of us should do the same, cause then the Chinese government will act to hinder a international diplomatic crisis.
I will share the draft of the folder for you as well, so we all can send the same layout.
I would appreciate if you can share the draft, which country are you living in?
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 10/03/2015, 10:23:01 UTC
Anybody here anything on Ben who flew to China to speak to David at Asicminers? Is Ben on this forum?
i guess they are just chilling now, doing nothing, just waiting to see if something happens to them, like are they gonna be prosecuted, jailed, seriously threatened, etc... if nothing happens they will just continue to scam people on another name, because the names like asicminer,amhash,fc,rockminer can no longer be used to sell anything.. well and maybe a miracle happens and someone in high position there decides not to steal our money... but i sadly think they have gone too far already with this...
Pretty sure fraud is illegal everywhere in the world, China is not different, do they think they are out of our reach, give us our money back or face the consequences.
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 07/03/2015, 19:50:44 UTC
@RealMalatesta Thanks please let us know if they can assist.
NOW LISTEN TO THIS: i feel i also have the right to tell what i think about puppet''s rating, and i think it is corruped or at least biased. amhash should be rated:
1. o.5 points (no user selectable pool) 2. 1 (rockminer has no equipment and asicminer is laughable - is it even a company lol, it is rather a person of semi-anonymous identity) 3. 1 (i did not see any picture that holds a note it belongs to amhash - it can be pictures of any farm) - plz correct me if i am wrong on this one Smiley 4. 1 (lol, it is beyond stupidity, its not even a criteria, like, of course, if you sell in batches or if you claim huge hashrate at once in the first place - you are more legit Grin, so its 1 cause you give it for everyone else.) 6. 1 (real amhash operators ARE anonymous) 7. 1 (unless puppet tells me how to exit now) 8. 1 (is a blatant lie by puppet - just take a look at the 1st page on amhash thread - friedcat says "3. Guaranteed profit".)
so amhash should score 6.5 = ponzi/scam, and i lost money because of you puppet, not a big amount but your rating causes more damage than it helps, especially if people trust you. what i wanted to say - if people are to trust puppet - you people keep in mind that one incorrect rating causes 100x more damage than all the correct ones will save you, because you'll not need an advice on the obvious either way and you may be misled on the ones that really matter... puppet i trusted you without much research and i was burnt because of your corrupt rating, i will never trust you anymore. p.s. if you dont mind disclosing private communications with you from cloudmining operator - please disclose communications between you and amhash, i think everybody would be interested now.
I also did base part of my decision based on puppets system.
Ok, I think I have a clearer picture now and this is the working hypothesis that they used 110nm to prove the hashrate (which is probably cheap to produce but expensive in use) and created a ponzi. I see all 3 companies involved + all the people from the boards including "David", FC and Rock Xie. I understand that Rock, David and FC were/are members of the board of AM. I am not sure if there were other people involved.
Well... it looks good! Now we need proper translation of this document. Can please someone provide information on the following:
location of Asicminer (Bitquan) details of this "David" and his whereabouts address etc.
We will be looking for legal assistance somewhere near those locations. Perhaps someone can recommend a legal practice willing to assist/represent us in this matter?
I can imagine that if it comes to fraud Chinese state is quite harsh especially when it emerges from some dodgy cryptocurrencies/bitcoin industry. I think we may have quite strong argument at hand to convince all those people that it is in their best interest to find quickly a solution for the problem no matter if FC is alive or dead.
Fully agree, found email to report them to 1. Ministry of Public Security (MPS) they cover 6) use of the Internet for theft, fraud and extortion; their email is http://www.cyberpolice.cn not sure if its best to all separtely email them or as a group, what your guys think?
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 07/03/2015, 17:27:51 UTC
Who is Cat at Bitquan? These emails might be about BTC been transferred for payments of Amhash1 dividends though need somebody who can read chinese to confirm this.
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 07/03/2015, 17:00:19 UTC
Rockxie can you tell us yourself what this pdf is about for us english speaker?
Does not matter anymore what exactly happened. The money is gone. Again. That's enough with the scams. I never again invest in bitcoins.
And we are no closer to finding any REAL info than yesterday.
Does anybody have any REAL factual info on here? I'm getting tired of seeing you guys in a pissing contest and ragging on each other. We need to find out some solid factual info about FC, AmHash...and any other parties. It has been all week and we are no closer than where we were last Saturday or Sunday. Are there even any REAL people in China hunting these guys down, or is all of this just a bunch of blah, blah, blah?
I and many investors in China are hunting FC right now. And I don't think FC is a scammer, I really think that he's kidnapped, seriously!
What about this David at Asicminers, is he not FC boss, has anyone spoken to David, can`t believe only 1 person FC has access to wallet, what if FC was knocked over going work, or had a heart attack, thought Asicminer were smarter than this than.
Come on Alex / Rockie / Amhash team tell us what you are doing to fix this?
See Hong Kong exchange owners been arrested from defrauding their customers.
"Amhash announced that our profits were guaranteed and shielded against risks." I am seeing now, another payment to day into my AMhash account from AMhash. There was one yesterday and another the day before and etc.
To clarify you are receiving dividends paid into your Amhash account on www.amhash.com and that BTC is withdrawable immediately and not been held by Amhash on their website, if you can confirm yes or no? If yes can you confirm when payments resumed? Because on Havelock we are receiving no Amhash1 dividend payouts and received nothing from 10th Feb..
Amhash has paid the holiday dividends to investors on their website, why are they not paid on havelock?
Is this comfirmed www.amhash.com users have been paid BTC for the mssing dividends from 10th Feb till today, are amhash.com users also able to withdraw the BTC?
Does anybody know who Alex from Amhash is?
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Re: REAL LIFE DATA on AMHASH RESPONSIBLES
by
mr_e
on 05/03/2015, 21:45:21 UTC
Does anyone know what Amhash`s wallet address is, the one we get paid from to at Havelock and Amhash own website, be interesting to know the balance of that wallet?
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 05/03/2015, 11:09:03 UTC
Amhash team please advise what is going on?!
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 03/03/2015, 21:34:29 UTC
Does anyone know what the dividend payouts have been each day since they were suspended, from 10th Feb to today, can anyone with shares on Amhash show each days dividend? Thanks.
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BoardSecurities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Apologies if this has already been discussed... But Friedcat's address is being drained. I can't imagine a scenario where this isn't catastrophic news.
And they are so cynical that want us to sit and wait for the infamous friedcat for him to appear in its own free will, not even that they are searching for him.
I aggree, if he been missing since 25th January, today 3rd March, has anybody from AMHASH, ASICMINERS, ROCKMINERS not tried to re-trace his movements, someone must have know where he was going in Mongolia, all the miners must have been sent to the warehouse in Mongolia so someone must have the address.
Seems the wallet FC is in control of has coins moving out, extortion or payment for Mongolia rent/electricity, the plot thickens.
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Re: AMHash1: Cost-Effective Mining Contract
by
mr_e
on 03/03/2015, 20:31:54 UTC
Does anyone know if Friedcat was travelling alone or where he was going in Mongolia, has anyone tried tracing his route and going to this place in Mongolia?
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Re: [AMHASH] 10 BTC REWARD FOR INFO ABOUT AMHASH OWNERS
by
mr_e
on 03/03/2015, 14:07:29 UTC
I interested in joining your group, I sent you a PM.