Serious MEGA might be in a bad position

Omg thank you dude, i haven't too much stuff on MEGA, btw thanks

04-05-2016, 07:32 PM

Tactrus Wrote: I read the article, but I still don't understand why MEGA always has to go down. It's always been such a great service. Other than DropBox it's the best imo for hosting large files.

It's more about politics and internal affairs. It's not about the user. It never was, on the higher end of things. They only care about money and their own asses. Since Kim Dotcom isn't in control of MEGA, he jumped at attacking the service as soon as he knew he could. In the end, he's in it for his own ass too.

If you want something done, do it yourself. It's best not to have to rely on a file service, and even better to have your own solution for hosting.

seriously? but I can still use it? It was one of the few services that I was going fast

He'll figure out something, he always does.

MEGA as in mega.nz ?
;o

08-05-2016, 07:04 PM

Sloth Wrote: He'll figure out something, he always does.

How..? He doesn't run Mega.

08-05-2016, 07:21 PM

Tragic Wrote: MEGA as in mega.nz ?
;o

Yeap, totally.

I have around 250GB to download sheeeet

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08-05-2016, 09:29 PM

Faded Wrote:

08-05-2016, 07:04 PM

Sloth Wrote: He'll figure out something, he always does.

How..? He doesn't run Mega.

I was wondering... Doesn't he have parts of MEGA or would it be too risky for the company itself (because of him having a chance to get arrested)

08-05-2016, 09:59 PM

Infinitum Wrote:

08-05-2016, 07:21 PM

Tragic Wrote: MEGA as in mega.nz ?
;o

Yeap, totally.

I have around 250GB to download sheeeet

---

08-05-2016, 09:29 PM

Faded Wrote:

08-05-2016, 07:04 PM

Sloth Wrote: He'll figure out something, he always does.

How..? He doesn't run Mega.

I was wondering... Doesn't he have parts of MEGA or would it be too risky for the company itself (because of him having a chance to get arrested)

A chinese(?) company bought more shares than he owns so he lost it.

Not completely sure because I'm talking from from the top of my head not citing from online resources.

08-05-2016, 10:17 PM

Faded Wrote:

08-05-2016, 09:59 PM

Infinitum Wrote:

08-05-2016, 07:21 PM

Tragic Wrote: MEGA as in mega.nz ?
;o

Yeap, totally.

I have around 250GB to download sheeeet

---

08-05-2016, 09:29 PM

Faded Wrote:

08-05-2016, 07:04 PM

Sloth Wrote: He'll figure out something, he always does.

How..? He doesn't run Mega.

I was wondering... Doesn't he have parts of MEGA or would it be too risky for the company itself (because of him having a chance to get arrested)

A chinese(?) company bought more shares than he owns so he lost it.

Not completely sure because I'm talking from from the top of my head not citing from online resources.

Thanks for the info.
But, I was wondering, if he still has parts he still has (legally) an influence on the decisions that are made in the administration of the company.

08-05-2016, 10:20 PM

Infinitum Wrote:

08-05-2016, 10:17 PM

Faded Wrote:

08-05-2016, 09:59 PM

Infinitum Wrote:

08-05-2016, 07:21 PM

Tragic Wrote: MEGA as in mega.nz ?
;o

Yeap, totally.

I have around 250GB to download sheeeet

---

08-05-2016, 09:29 PM

Faded Wrote:

08-05-2016, 07:04 PM

Sloth Wrote: He'll figure out something, he always does.

How..? He doesn't run Mega.

I was wondering... Doesn't he have parts of MEGA or would it be too risky for the company itself (because of him having a chance to get arrested)

A chinese(?) company bought more shares than he owns so he lost it.

Not completely sure because I'm talking from from the top of my head not citing from online resources.

Thanks for the info.
But, I was wondering, if he still has parts he still has (legally) an influence on the decisions that are made in the administration of the company.

"Beijing-based Li Zhi Min, who bought a cornerstone stake in Mega from Shen Zhao Wu in July, now owns 43 percent of the company after buying 304,530 shares at $13.135 apiece on July 29, while Yang Jianhong, joined the share register on Aug. 6, buying 228,398 at $13.135 and giving him 24 percent, according to documents filed with the Companies Office. Mega raised a further $500,000 in a two-for-one rights issue on Aug. 6, selling the shares at $1.79 each."

"(Mega) suffered from a hostile takeover by a Chinese investor who is wanted in China for fraud though the use of a number of straw-men and businesses to accumulate more and more Mega shares."