Just login to say thank you to all of shareholders of BTCGARDEN! we finished our IPO several hours earlier!
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.
The panic such comments could trigger
2 M additional shares may not come for several more months. Will only be issued after a milestone and at a higher price.
Edit: Trying to get some btc back to basic-mining
?
Basicly our Financial Management will be
* We use this 3 millions dollars IPO funds for :
Mass production of 1st gen chips to a big amount (exact no. might depends but 500TH as minimum beside the 200TH we have already paid),
deploying all of them.
the research and Tapeout (samples with fulll mask) 2nd gen chips (40nm most likely).
This process might last,as you said, several months.
* the Mass production of our 2nd gen chips might be a possible reason to launch our 2nd batch of shares.
* All of cost expense (incl.electricity ,rent,salary..etc) will be deducted from our income, the rest of which will be fully paid out as share dividends.
we are gonna bank this bitch.
Translation: Us fine gentlemen are going to see a large return in our investment.
Can anybody join the meeting in Beijing? I would like to join ^^
sry it is not allowed, a lot of photos will be uploaded though.
"the rest of 2,000,000 shares will be issued with higher price as soon as the first 2,000,000 shares have been sold out"
I think this part of the prospectus is needed to be updated to reflect the latest decision of not releasing the second batch of shares until a significant milestone is achieved.
i ll change it on our prospectus ,thank you.
