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cociu - hostsolutions.ro - NETSILVANIA | Move your services!
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If that's happening, that's not me. I haven't touched the system for a month or so, as I don't know how I can help or what I can say.
This is off topic. Start your own CP litigation thread. This is @cociu litigation only!
@MikePT
This is what @cociu said; he will delete tikets
Definitely seen some really sketchy shit hosted on your services, but I don't think it's your fault at all, and definitely not anything you're promoting it.
The tickets are already deleted.
I'm not sure that's a correct assessment. I'm quite sure that @cociu did make a profit. One can keep inserting private money again and again only for so long. My guess it that's it's a mix of low costs (lower than most) and the one dollar shop model that is "Sell cheap but sell a lot" plus "smart 2nd hand purchases".
Whatever, no matter whether I'm right or wrong, this situation is dangerous for two reasons and two reasons only: (a) storage, a weak point of HS/cociu plus in a scale that is large for HS (400 12 TB disks is a bloody lot for a company like HS), and (b) his total and horrible failure to communicate.
I bet that if he had stayed away from storage deals and if he would have the capability and attitude to communicate when the house is in flames, he could have gone for a long, long time. In fact I think he maybe still can make HS survive if he is willing and capable to think about the two points I made.
I think, the real problem right now is point (b). He probably can survive 40k - 50k dollars of damage but I have very, very little confidence in his readiness and capability to considerably change his attitude and communications.
40k of refunds probably more because people are not going to wait for Monday in 2121 year and another 60k the lawyer thread that has appeared some time ago. Do you think honestly that 100k euros are not a problem for a lowend romanian small business? I mean money after taxes. That is like 250 000 euros in Spain aproximately (100 times the average salary) Do you expect that someone is going to sell doing 1 euro profit and pay such amount ? I am out of the business of hostigs but 100 000 x 1 euros profit sounds a disaster horror movie if the facts are real. I mean closing the doors and paying the debts with own money make sense. Continue with such numbers is mmmmm truly hard to believe . If the business survives he is my business man hero for sure. Without any doubt
He communicates only in this forum. No mass mail about the problem, so clientele is limited to what it is from LET. Let's say it is 300 clients.
How many of them will request refund? On the wildest gues it should be no more than 100. Average sum? 10€ - 20€. Totaling 1000€ - 2000€.
He will not refund all damaged clients. He need to shut mouths only for those who scream. And hey, at the end of the day he is a hero. That is good scenario.
The bad one is he just feed us with more bs and continue to sell assets.
Totally agree, and yet... he doesn't have to change his attitude or communications. He could simply hire someone to do it. In fact, he already has Miguel to do this; so Marius could simply let Miguel handle communications and news, like to a sales agent. This is how a company could also become a teamwork.
@jsg - Many of us have been in this business for many years, that's why we know and you just "guess"
But he didn't - because of lack of readiness and capability to considerably change his attitude and communications.
Cute. So you know all the relevant details of his business, his financial situation and resources, etc?
The real difference between you and me is that we both do not know but I'm honest and fair enough to call my guesses "guesses" while you, well known to be driven by questionable motives, arrogate to know.
That's why I don't like you - yet I didn't take a dump in your thread like you regularly did in @cociu's threads. I treated you fairly and decently. That's difference number two between the two of us.
And not only those who are related to this issue.
It seems as if simply all tickets have been deleted which were in open state, no matter how old.
Which is kind of bad, if you had details negotiated with customers about physical servers with owned hardware in a support ticket and forgot to mark it as closed before the big deletion..
The next level to "always make backups" does now not only include your server's data but also your provider's ticket system.
Better than you think
Providers do have experience with procuring hardware and running a VPS/hosting business, so for the resources offered and the location, they know what it costs to run the business.
If the prices don't reflect that, then he's not making money. Now, loss leading is a valid business strategy and all providers have done it, but excessive loss leading will lead to bankruptcy. Everyone can figure that out
And how many of you own everything like cociu does? He owns all his hardware, his IP (not sure if he owns all his IP), and he even built racks in warehouses himself. I think he colocates some servers in norway but it's whatever. He owns most things. Many providers here rent everything, some colocate, and very few here own everything like cociu does. The way he runs his business, he does need starting capital, but he definitely drives down recurring expenses a lot.
Is cociu known for poor communication and downtime? Yes. Say whatever you want.
Is his business unsustainable like you all claim? No. It wasn't always unsustainable, how else would he have lasted 7(?) years? why would he start building racks in a new warehouse just last year if it was as unsustainable as you all claim? Why waste time mudslinging and beating a dead horse?
today all tikets will be clean
very enlightening
thx
Are you still working for HS?
Or are you done because he hasn't paid you?
Probably to some degree, yes, but he still doesn't know one very major factor, @cociu's financial resources. So he has no basis to say whether HS goes belly up or not.
Keep in mind that we happen to know about his perfumery but we neither know his income from that nor whether he has other sources of income.
Frankly, cociu must have some weight and significance if that guy consistently tries to dump on him and to make him look bad. And I'd LOL if cociu survived and managed to turn the table around against that unfair, gossipy, and nastily acting competitor.
Whatever I don't buy the "cociu is done" story before I see it. That guy has survived for quite some years and the rumours about his death always turned out to be premature.
That said, he really deserves the ice shower he gets now, although I doubt that it will change cocius horrible attitude and communication.
A lot of us.
While the selling off of assets could be purely a move to limit any further losses and without paying off from his pocket, the combination of all factors -- lawsuit, involucration, selling off live IP ranges, and selling hardware that could have been used towards a recovery -- do hint at some trouble at HS with regards to money.
Going by the publicly available data, €100k (40k for refunds + 60k for the lawsuit) isn't a lot of money for a successful businessman, but cociu could have paid that entire amount upfront if he had said resources.
Summarized:
Plot Twist Summarized:
It didn't take long:
Credit scores are a thing, if you didn't know.
This seems to be a really loooooooooooong drama. I cannot scroll through 2.4k comments. Can anyone tell me a short version of this drama? Thanks ._.
When we reached 100 pages Netflix might make a Movie about it
Monday
No, Amazon, because they also might have interests to bash cociu and get more clients.