And 2.5 Wall is 100% Done
Jutarul
Final Update
0 shares available.
2000 shares paid.
Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.
Jutarul is long sighted eh..
He knows they aren't worth that muchIgnorant statement.
Jutarul started that auction when the price was right around
BTC2.5, and like any good businessperson, he sticks to the terms he agrees to. He bought (at least most of, likely all) his shares at the IPO (
BTC0.1/share), and has said publicly that he set for himself how many shares he would sell when they hit certain price points, and/or at certain stages of ASICMINER's development.
He has done similar auctions at various price points, dating back to (at least) around the time ASICMINER first announced the successful testing of their chips, in mid-January, when shares really began changing hands again OTC. Some of us lucky (or smart) duckies picked up shares then for
BTC0.5, and Jutarul recouped (I believe) more than his initial investment, while only unloading a small part of his holdings.
Jutarul has been a supporter of ASICMINER since the beginning, and as far as I know he remains one. I would be surprised if he wasn't still a board member, or even more involved than that. I am speculating in this paragraph based on my very limited knowledge of and contact with him, but I would wager that he still has shares ready to sell at other price points... like say
BTC5 in the fall when the next gen chips are rolled out. That will likely be around the time ASICMINERs competitors finally start delivering their first gen products en mass.
I probably should just let this uninformed nonsense stand, since I am still buying more ASICMINER right now, but all this useless speculation to try to drive the passthrough prices down a few ticks is getting old.