Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1300. (Read 3917029 times)

Time to shit or get off the pot.

Post URLs quoting the exact parts of mainland Chinese law that prove your case, otherwise go find some other thread to troll.

Yep nicely avoided.....

I can see from your use of the word "wanna" that you are just a young kid, trying to give the appearance of being "street smart", but I'm afraid to tell you that there is no such word in the English language.

I do not need to google "randomly" they are only "meaningless" to someone trying to avoid the truth.

I was the Chief executive of a foreign enterprise in China, and as such I am VERY familiar with what is and is not allowed.

You still did not answer my questions, nor did you clarify the points on China law.
Basically you are saying that it is NOT a private company, so  give me the stock code.
Show your documents for your business registration, despite what you say.. Licenses ARE required.

Even those shitty little shops/counters in Shenzhen  SEG market need to have business licenses and registration AND they have to be on display 24/7.

So lets see your business registration documents for your "as legal as other oversea listed Chinese companies"

No, loser, by calling you a loser means that you HongKong guys are usually self-righteous but we just find you know nothing at all. You don't know how to get to contact with the potential entrepreneur, and your Madarian sucks, and you HK guys always mix English words when you speak Chinese, which have make you far away from the local entrepreneurs. Of course, you hongkong private equity investment managers are scammed frequently in Mainland, which brings huge loss to the behind investors. You don't know how to handle the relationship with local government, which is a key to earn success financial return here. Hong Kong private equity professionals working in China are mostly stupid, do you understand?


Loser, I tell you the truth. Private equity is an industry which are mainly self-regulated worldwide. In mainland, the regulation entity is the NDRC (I 100% sure you have to google to know what this mean), and it is the reputation, experience and networking that is important. And as I am not raising money from you loser, I have no need to disclose my identity to you.

"license".....

The regulation system for private equity is a record keeping system, but not an approval system.  

no one have asked any "license" question in our industry. For example, the IDGVC China branch has been found since 1992, and they are the investors of Sohu.com, dangdang.com and xunlei.com, and I was a member of the DD team which represented the most wealthy institutional investors in China, we have checked tons of paperworks and digital records, but no one actually had asked Quan Zhou for a "licence".  

I think if I wanna fuck kiss your mother I need to get a licence from you, but if I wanna raise a private equity fund, I need just the recognition and trust of our private investors and then registered through a simple process in the local industrial and commercial bureau, then put a simple records at the local NDRC. I need no licence. If I wanna do something with your ass, I will apply a licence from you.




 As we have our plans to make ASICMINER 99% legal, as legal as other oversea listed Chinese companies, the existing structure is still defensible according to the Mainland law. And I will not talk about any more here publicly, as our board members are all standing with us.

We will not answer any questions here as you have show us enough that you are just a troller and coming to our thread with hostility.  We have to protect this project from the harm by people of abjection as you.

This troller is making his own bitcoin equipment. Trolling other people's threads are not good. You have goolged randomly to deliver some irrelevant meaningless trolling arguments.

Another mistake in your question. In China, we can offer registered capital( nearly the same as shares, with only very little difference) to investors less than 50 people, who has not be the stuff of the company. If the company is a joint stock limited company, the shareholders group can have 200 people, not necessarily stuff, too.

What you mean is the "losers" in Hong Kong demand a higher level of security and auditing, and have indeed busted many...many mainland companies and accountancy firms for fraud.(even the Americans have finally understood)
You cannot LEGALLY offer shares in a private company, unless you the shareholder is an employee of the company.

If you are indeed "Private equity" give us your details, and the so called details of the laws and areas applicable.
Also be good enough to show you business certificates/licenses to do foreign trade, and you government approval licenses for foreign investments.
and finally YOUR license, as a legalized "equity practitioner", so I may check with the local authorities

However by the professionalism of your reply I would guess you are just a minor line jockey making stuffed toys.

http://www.hkexnews.hk/listedco/listconews/SEHK/2012/1129/LTN20121129439.PDF
http://www.hkexnews.hk/listedco/listconews/SEHK/2012/1121/LTN20121121288.pdf
http://webb-site.com/articles/CIES.asp
http://webb-site.com/pages/hallofshame.asp



P.S
A reply to your post at your level, It describes your reply down to a tee.
http://www.youtube.com/watch?v=nkqfa-kaRFM

We confirm it. They are sent as two different .yml files. We will merge them and compare them with our older claims, then make them online in another platform.

You guys should join the growing list of GLBSE transplants at btct.co.

They are either directly distributed to shareholders, or sold as physical devices/bonds. In the latter case, we would
pay all of the net profits to shareholders, or some of them if the shareholders agree to keep a portion as growing funds.

This description is also very accurate for our case, except that we located the PCB assembly in the same city as the packaging service's. It would keep us away from some shipping time via inter-city third-party expresses.

Our fab describes 1.4-1.5 day per layer as "hot-run" and 1.1-1.2 as "super hot-run" or "bullet". We guess the difference comes mainly from the usage rate of the production lines older than 90nm. Since there are still many orders from mainland China that are 90-130nm, the lines are busy, as said by the foundry. TSMC on the other side, deals with more orders more state-of-the-art, would be capable of process 90-130nm orders faster since the corresponding lines are less busy. Of course this is also only a conjecture.

They indeed give an projected date accurate to a certain day, but this does not mean that the date is not "fuzzy". For example, the date estimation was adjusted to a earlier one after our progress had sped up.

The PCB's out and tested using artificial signals (using a software-controlled source of signal to simulate the chips). The place for our first batch's deploying is also located. The first chip starting mining will be very early if the chips are correct (no more than a week after we get the chips), but the whole 12TH/s of our first batch would be online incrementally. So the process if our chips are successfully tested would be:
testing boards running &
samples sent to community &
(more than) 50TH/s more orders to the fab &
Next-gen design started
(~2-3 weeks)
First 6TH/s online
(~2-3 weeks)
Second 6TH/s online
(~0-4 weeks)
50TH/s of chips out
(~2-3 weeks, ~2-5 weeks if location changes)
Part or all of the 50TH/s online
(~uncertain yet time)
Part or none of the 50TH/s productionized and for sale &
Third batch of mass production done &
Next-gen chips' order sent to the fab

That's great!

yay!

http://blog.glbse.com/

According to Nefario, ASICMINER list has been sent!

Is there any change in the status of the GLBSE information being released yet so we can start trading shares again ?

I'm interested in buying more as I now have more bitcoin available than I did prior to the GLBSE shutdown.

This is an important question. Once we have the chips, we need a fully-working PCB to put them on, correct? What's the status on this, along with whatever else we need to get up and hashing?

What has to be done after the foundry process (packaging etc)? How long till the chips can start mining? Any idea?

I think Friedcat keeps us well informed.... Avalon is basically stating the same as Friedcat did.... 30-50 days... it seems TSMC is moving a lot quicker with 1.2 Layers a day, but still ASICMINER should be mining well before any Avalon has been sent out, because we had a head start with production.

If the foundry keeps up 4 layers a week from now on, it means ASICMINEr should receive the chips just before Christmas, so we could theoretically (hopefully) have something online before the end of the year....hashing the first ASIC mined block ever

So why not we have the same level of transparency.

don't eat too much popcorn.

I know what I forgot to get at the store! More popcorn! Shit!