1. huwp

    huwp Member

    Presumably he has to maintain the fiction of believing in his phantom technology, otherwise he opens himself as an individual up to lawsuits from the investors? I don't know how contracts would be written for these cases, but I would guess that investors would get nothing back from a company "going bust", but if they could prove premeditated deceit then they might have an avenue to attempt to recover something from him personally?
     
    • Agree Agree x 1
  2. I ran across this video on depotting electronics today, and it reminded me of this thread. Perhaps someone who bought one of these devices would like to try depotting the components to see what's inside (might void the warranty :rolleyes:, however).


    Source: https://www.youtube.com/watch?v=OiPe6f4Oh8E