Quote from: Snail2 on March 18, 2014, 10:07:44 AM

Even a photo isn't prove anything. Anyone can make a pic about a bunch of stuff in a rack.
Some more questions:
If they are a company shouldn't they publish some registration or VAT numbers?
1600 SeedMiner is more than 2.1 million pounds. If they got this nice chunk of money why they need additional 700 BTC?
If they had £2.1 million shouldn't they spend a few quids on a less doggy site and on some spell checker?
The domain registration address points to some residential area and those bungalows doesn't looks like a company HQ.

So, I agree at first view looks like scam.

I don't mean to change anybody's mind about this security, but i was looking to buy some gridseeds myself and your figures just doesn't match up.
Few groupbuys of greedseed has happened on bitcointalk with a realistic price of $200 per unit when ordering more then 10 PCs.
So 1600 units cost $320k, but not 2.1M pounds in any way. I assume some volume discount took place as well.
Just trying to follow the company's logic.... They probably bought gridseeds 4 to 6 weeks ago, when those became available for the public. They got 3 datacenters in China, so I assume company resides in china too...that explains site design and perhaps that's why they show no address and phone on their web site. They ran those ASICs privately for some time while difficulty was low, so they got a good cut of LTC i think. Selling this equipment over cryptostocks is an effort to return the investments.
From what i understood they are offering 10 thousand shares BTC0.07 each, meaning they try to raise 700 coins. With a current price it comes to $430k.

I agree that no photos, no address, no official bitcointalk thread and less then a month domain registration look suspicious. Nevertheless I'm adding this stock to my watchlist to see how the dividends go.

Some companies from cryptostocks are offering same service, but no one seem to have the miners in hands, while these guys claim they have hardware already.

Does anyone contacted them? Any extra information would be highly appreciated.

cz_miner

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