Ok, sorry guys, i didnt expect this much of a response and as much as i want to read each and every one of your posts, my current day to days are keeping me pretty tied down.

Of the few posts i browsed through i did some some very wrong information, some very far out there accusations, and some people who either got lost in the run on paragraph glitch, or didnt read the whole post so i am going to make a few things clear.

1: We have had a paypal business account for a decade now, linked to our business bank accounts, and the account is registered with our EIN not my social security number

2: California is a two party consent law state. meaning both parties must agree to having a phone call recorded. My lawyers did not think that paypal gave that consent when they first found out i recorded the calls. It was only when they heard the recording giving that consent to EVERYONE in which it became legal and admissible in court.

3: Paypal on NUMEROUS occasions admitted that the ONLY reason they were freezing the account was because i sold bitcoin hardware.

4: We have had not a single chargback or issue this entire calender year ( 2013 ) which warranted freezing the assets

5: The reason paypal WILL lose their right to process credit cards if i win is because a major part of the lawsuit is based on cardholder agreements. By processing credit cards paypal has agreed to adhere to the rules, regulations, and laws pertaining to the issuing company of the card. In which they are violating by seizing cardholder funds without warrant or court order. This has nothing to do with the fact that they are my funds once transferred to a bank. By law, until a transaction takes place in which a buyer receives goods and a seller receives funds, the funds belong to the buyer or card holder. Seizing those funds as a payment processor without warrant or order is a crime. Had all the merchandise been shipped to customers this would have been a different story. This part of what is going on has nothing to do with myself directly, this is a result of the FTC and SEC as paypal holds those monies in a money market account.

6: paypal does not make a profit. yes they charge you fees, but they have yet to develop a business model which has profit. With the amount of charg backs and delinquent negative accounts held on paypal, they have operated in the red since inception. They are barley 10 years old, maybe a little more, still a new company by every aspect, and they are still floating on borrowed capital ( ebay capital )

7: Nothing in paypals agreement states you cannot sell bitcoin mining hardware. For that matter it dosnt specifically say you cannot sell bitcoin either, but with legal interpretation it can be considered a currency no matter if the Fed admits it or not. A bitcoin miner is just a highly specialized computer. Trust me, my lawyers are not chumps, nor idiots. The only reason i hired them in the first place is because they have won 90% of their cases against major corporations like Lockheed Martin, Disney, Wal-Mart, Etc. as a matter of fact even their associates have to have a degree from Harvard ( they dont legally say that, it just seems to be the case as everyone there came from Harvard )

I am sure there was a lot more that i missed, but i haven't much time tonight.

To all of you, (hundreds of messages) who have messaged me. I feel your pain, i am there right now as you can see. Rather than reply to each of you one at a time which would take weeks. I will be starting a thread to help all of you out as a group. I am just one man who happened to get luck with a few well written letters from some very important people that convinced a judge to let me take them to court. Your chance of replicating that are slim to none. I am not here to give you false hopes, those are just the facts. From experience i can tell you that as a GROUP, collectively with thousands of pages of documented communications and hundreds of complaints filed with regulatory bodies simultaneously you would all again as a GROUP increase your chances of success.

Trust me, thousands of people have tried to get paypal in a court room. just google it. you can count the number of people who pulled it off on one hand.

I will post a link to my Hold paypal accountable thread once i have it written. It will take me a few days so please hang tight. Hopefully i dont suffer from paragraph tofu on that post as well.

Thank you all for your support. Our letter of intent was mailed today, and now we just wait. i will keep you all as in the loop as time permits. For those of you who want to get in on a group action against paypal please see the original post. SAVE, DOCUMENT, PRINT, AND RECORD EVERYTHING (check your local law before you record, some states do not allow it no matter what without court order)