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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 88. (Read 3917058 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
FC seems to no longer be fulfilling AM's most basic obligation to their original shareholders.   Sad

XPOST of interest to investors in ASICMINER and its subsidiaries/partners/products:

OgNasty, where you at?

I'm waiting patiently for confirmation that shares have been transferred so I can make the final payment.  I offered to send 0.75 BTC now to satisfy the agreement in exchange for assuming the risk of AM not paying out or confirming the share transfer.  I am still happy to do that, or we can stick to the original agreement and wait for confirmation from AM.

Friedcat is a scammer if he does not honor his promise to transfer shares upon request.

We risked our BTC to make him rich and famous.  And now he's too busy being successful to spend 5 minutes dealing with an early investor?

If Friedcat breaks his promise to confirm share transfers, I hope the Chinese Scam Police hunt him down and teach him a lesson.
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
Yes, it may be too enlightening for the bottom line.  This is a wait and see investment now.
legendary
Activity: 1904
Merit: 1007
A detailed financial statement is needed. It really shouldn't take this long to produce.

But nobody wants to see the books...
full member
Activity: 432
Merit: 100
A detailed financial statement is needed. It really shouldn't take this long to produce.
legendary
Activity: 2128
Merit: 1119
What makes me think, about ASICminer & all their associated "business relations" is this;
If bitfountain is the parent-company, who is buying bitfountain interest? it just doesn't make sense! lets see the books, cooked, underdone, uncooked, lets just see.

The only thing I could see bit fountain doing is issuing additional shares for more cash to build a data center or something but since they have other shareholders it makes the scenario a mess since it would dilute all shares.

I would more curious about AM's operating costs and salaries..
full member
Activity: 432
Merit: 100
What makes me think, about ASICminer & all their associated "business relations" is this;
If bitfountain is the parent-company, who is buying bitfountain interest? it just doesn't make sense! lets see the books, cooked, underdone, uncooked, lets just see.

The only thing I could see bit fountain doing is issuing additional shares for more cash to build a data center or something but since they have other shareholders it makes the scenario a mess since it would dilute all shares.
hero member
Activity: 644
Merit: 500
Inspired
Don't panic, but I'm fairly certain that AM will NOT be paying dividends through the next 2 holiday weeks.
hero member
Activity: 644
Merit: 500
Inspired
legendary
Activity: 1456
Merit: 1010
Ad maiora!
What makes me think, about ASICminer & all their associated "business relations" is this;
If bitfountain is the parent-company, who is buying bitfountain interest? it just doesn't make sense! lets see the books, cooked, underdone, uncooked, lets just see.
legendary
Activity: 1260
Merit: 1002
If AM captures a large amount of the network hashrate(20%) or sells the equivalent in cloud mining, we will be swimming in dividends. Probably dividends equivalent to double the current share price.

lol

true that the lower the price, the more coins we AM get! Cheesy



The AM perma bull has been broken down...perma AM bear now! Not that I could blame you  Tongue



ha! although i am still keeping some of that bull potion in case FC shows some mercy..

but man, what a depressing year for BTC overall.
legendary
Activity: 2128
Merit: 1119
If AM captures a large amount of the network hashrate(20%) or sells the equivalent in cloud mining, we will be swimming in dividends. Probably dividends equivalent to double the current share price.

lol

true that the lower the price, the more coins we AM get! Cheesy



The AM perma bull has been broken down...perma AM bear now! Not that I could blame you  Tongue

legendary
Activity: 1260
Merit: 1002
If AM captures a large amount of the network hashrate(20%) or sells the equivalent in cloud mining, we will be swimming in dividends. Probably dividends equivalent to double the current share price.

lol

true that the lower the price, the more coins we AM get! Cheesy

full member
Activity: 432
Merit: 100
If AM captures a large amount of the network hashrate(20%) or sells the equivalent in cloud mining, we will be swimming in dividends. Probably dividends equivalent to double the current share price.
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
Even if new chips are good dividends are unlikely.  Mining is a penny game now.  Many players with deep pockets.
legendary
Activity: 1904
Merit: 1007
Results speak loudly.  A month from now, we should be seeing some.

What exactly are you expecting to happen in one month?

is it over?  Undecided

It was over since last summer gen3 chips.
legendary
Activity: 1260
Merit: 1002
is it over?  Undecided

Is what over?
I've been hitting refresh for eight frickin' months.

Just a rethoric, quite trollish, question I lowly fell for.

Tired of waiting although i did cut some losses at around 0,14.

Not even sure I'd buy back in at this point. or even if it drops below 0,05.
full member
Activity: 432
Merit: 100
So then you buy undervalued shares and profit?
sr. member
Activity: 350
Merit: 250
Honest 80s business!
Financials are overdue, we've been in the dark for too long. Jutarul, any chance you might bring this up in the next board meeting? Some hints of what is going on would help all shareholders out...

I actually gotta say I don't want to see any financials at the moment. They can't look very good. Every liquid asset effectively has to be invested into producing giant batches of BE300s right now. Everything else would be a disappointment. But just like last year, the price would just tank because everyone would get those numbers wrong... :/
hero member
Activity: 644
Merit: 500
Inspired
is it over?  Undecided

Is what over?
I've been hitting refresh for eight frickin' months.
legendary
Activity: 1260
Merit: 1002
is it over?  Undecided
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