one more day without divs and we are going into another freefall, put low buy orders in
Disclaimer - There could still be a dividend in August -I was never of the mind that FC would pay a dividend in August, so any selling pressure based on that expectation is a pure discount to my
BTC. Dividends in August was heard at the Salon, and while I appreciate shareholders reporting pieces of the talk, I would much rather see FC come to the forum and make an official announcement on dividends. That he did not come here and say this but mentioned several other aspects of the operation gave me the impression it wasn't likely to take place.
Back in June when more information came out I had pegged mid-to-late September to be the likely time frame to see results, while cautiously optimistic that it could be sooner. AM is converting chips en masse to miners right now, and this could take some time and money still to get off the ground. While most shareholders will be upset with a continued delay in returns, I am ready to wait well into October before anything tangible is seen. If nothing is here by October then we can start discussing when and if Gen3 will pay out relative to the impending release of Gen4, which has been rumored to be ready for early 2015. We are not very far away from Gen4, start of September is next week so this will be an intense few months for strong hands.
