ED Magedson – Founder
KnC MinerKnC 20nm Sweden AB Birger Jarlsgatan 33 5tr Stockholm, Select State/Province Sweden
KnC Miner KNCKnCMiner KnC Miner KnC 20nm AB Not delivering goods and withholding refunds Stockholm
The company KnC Miner AB is located in Sweden, Europe, producing specialized computers.
I ordered their Neptune Miner for $13,200 (with shippping) on 2nd December 2013 to be delivered around March/April 2014.
When it became clear that they can not deliver on time I requested a refund on 8 April 2014.
The company build a huge bitcoin mining operation and refuses to provide a refund date, stating only that "refund is ready to be processed." They continue their delay tacticts daily and refuse to refund or provide a refund date, even though it was already over 30 days.
The company is a total scam, investing client's money to make more than 400'000 US$ a day (according to press reports) while not refunding as promised.
This report was posted on Ripoff Report on 05/14/2014 12:21 PM and is a permanent record located here: http://www.ripoffreport.com/r/KnC-Miner/Stockholm-Select-StateProvince-11145/KnC-Miner-KNCKnCMiner-KnC-Miner-KnC-20nm-AB-Not-delivering-goods-and-withholding-refunds-1146643. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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