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I am not saying it is, but I am saying that at this point in time. It is difficult to avoid recognising just how closely this situation fits the criteria of a classic scam.
Yes, consider the cost of producing 2-3 one-off ASIC prototypes... because apparently you have not done so.
It's about the same as producing 300, in terms of the chips produced. ASICs have huge setup costs, compared to per-chip costs.
No I have not and you miss the point. Whatever the cost. Undeniably it would be covered by the amount received in the initial ordering. Even if it took 75% of those initial funds to produce the just 2 or 3 prototypes. At the end of the second phase it still leaves Avalon sitting on over US$1,000,000.00 in totally untraceable, unrecoverable funds.
A considerable chunk of change!