Quote from: Lab_Rat on April 26, 2014, 07:11:14 PM

Quote from: mrstef on April 26, 2014, 06:09:17 PM

I was just about to post that very thing...

The company line from the AMA has been (as I understand it) : "Choose to take the new contract, or choose to keep the original contract, no legal advice will be provided to inform that decision."

But the original contract is no longer available, considering it's been modified to reflect the capped 100MH/s hash rate... so really, we're only able to choose between contract v1.5 and contract v2...

How do we, as investors/clients reconcile this choice? It hardly seems like one at all.

The original contract (v1) clearly states that individual bond hashrate will increase as new hardware is available. Stop saying we have a choice of our contracts. As far as I understand, we only have the choice between the recently modified contact, and the new contract.

Quote

50,000 bonds will be put up for sale @0.25BTC/bond or market value +-5% at the time of the bonds being issued, whichever is of greater value. This installment will add at least 15TH/s to the companies mining operation, and with it will follow an increase in dividend payout to a minimum of 166.67MH/s per bond (this may increase depending on company expansion). This not only gives the new investors an increase in dividend payment, but gives greater benefits to the initial and early investors.

It is intended the third installment will likely mimic the second installment thereby potentially increasing the companys total hashrate to 40+TH/s which will in turn bump the dividend payout to 200+MH/s per share. All the forgoing and following estimates presume a fully sold out bond/contract offering and returns for mining based on certain historical data for returns of similar operations.

It is intended installments in the operation will continue to occur which will provide more value to the company as well as more value to each individual bond as the company matures. These expansions, if they occur, will likely grow the company and our mining capacity in size which will provide further expanded payouts in the form of dividends (or increased dividends to investors). It is currently intended a portion of the money the company receives in revenue from bond sales and mining will be used to expand the operation which will further increase dividends per bond. It is currently intended the company will be adding to the bondholders hashrate on a regular basis as the company expands so one should expect to receive greater dividends than those explained above.
Source: https://bitcointalk.org/index.php?topic=251423.0

Let's find a different solution here, or call it what it is and stop pretending we have a choice at all.

Please tell me where I've said you will not receive benefits of new hardware?

Also please read these statements that were highlighted:

It is intended installments in the operation will continue to occur which will provide more value to the company as well as more value to each individual bond as the company matures. These expansions, if they occur, will likely grow the company and our mining capacity in size which will provide further expanded payouts in the form of dividends (or increased dividends to investors). It is currently intended a portion of the money the company receives in revenue from bond sales and mining will be used to expand the operation which will further increase dividends per bond. It is currently intended the company will be adding to the bondholders hashrate on a regular basis as the company expands so one should expect to receive greater dividends than those explained above.

Therefore, Lab Rat Data Processing is amending its variable rate payout with a set rate payout of 100 MH/s per contract. This rate payout shall be for all current contract-holders and all future contract-holders. Contemporaneous with the change from a varying rate payout to a set rate payout Lab_Rat will triple the amount of contracts held by all contract holders as of the date of March 8, 2014. Therefore, for all current contract holders on their current contracts, the effective rate will be permanently set at 300 MH/s per contract. All future contracts purchased will be at the new rate of 100MH/s.

*** The payout was never put in detail in the original contract ***

Please note that even without these guarantees I've still been paying out as much or more than I've voiced. You are looking for negative when there is none to be found. I've always gone above and beyond what the contract promised. All I've done is clean up the new contract, provided additional benefits, and better explain the payout structure.

The price is about 0.1~0.2B when we bought lab_rat's shares in the stock, and now 300MH/s is only 0.002B, however the btc's price just rises from $100 to $450. lab_rat cheat to rob us so many btcs and think the shareholders are fools!
lab_rat still delays time and refuse to recover to the original terms, so we should take various measures to accuse lab_rat until put him to the prison!

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