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Posts: 1,478 | Thanked: 9,871 times | Joined on Dec 2008 @ Shanghai / London
#1356
Originally Posted by DrYak View Post
And by the way, chen, did how did the things go on your side of the stuff ?

Trying to get investment back ?
Pushing the Youyota team to actually deliver something ?

(Well depending if you're allowed to speaking about them, or if you need to keep information shut while ongoing legal actions against them ?)
Hello Doctor Yak.

I don't have any personal contact or business link with Michael Du/Youyota/X-Mobile anymore since a few month ago and the only source I hear is from my legal consultant.

It's hard for me to get my investment back because when doing the transfer I could not do it officially under Livermorium company (this is not the company project), but personally. I transferred him with my private account for supporting Youyota project back to it's time, when Youyota said thy could not support 3K manufacturing. I did roughly $20k in USD in two transactions. (I can show offline with the proof if anyone wants to see)

I did this purely in the hope of bringing tablet back to life and in the trust for Youyota and Michael Du. But I learned my lesson.

From my progress of legal work, I discovered that Michael is now listed as a Dishonest Debtor officially. And he is having other troubles with others which I could not disclose the names. Also he has been blacklisted from my business and partners around me, regardless if they are big or small. He will have the punishment that he deserves.

I still think when they started the campaign it was real and they did want to bring it to the market. But then later they were involved in some financial crisis (I just learned recently) and I stupidly gave them more money. They should've refund the money, but Michael's dishonest and greed will drag him to the abyss and I don't think his company will survive.

I will keep fighting with them with legal work for this matter. And in the mean-time, Livermorium is in the middle of the R&D of a great project, which I truly believe it will enlighten our mood and to pass this tragedy. (You know this project from my mail.
(And this will not be crowdfunded, I want to say again)
 

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