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Topic: ROCKMINER - miners using GEN3 ASICMINER chips - page 18. (Read 52768 times)

sr. member
Activity: 284
Merit: 254
All shares has been bought in preIPO period.

IPO is completed.

Thanks for your concern.
legendary
Activity: 2142
Merit: 1125

These kind of IPO are the most risky for investors.
You give sound money, you get "hope & words".
sr. member
Activity: 378
Merit: 250
Hi rockxie,

I understand your team need incentives to work on this project.

Would you be willing to disclose how many btc were raised by distributing the 60,000 shares?

I am sure many here would like some precise figures .

It is hard to make a judgement without the proper facts.

many thanks

He refused to answer this several times in last 24hours so the answer is they didn't bring any BTC or they bring a very few investment themselves to the table and they are just creating value out of thin air and taking 6000 BTC worth of shares for free, or almost free.

Goat got it :

He ignored it like 5 times, the answer is clearly no.

I am bit disappointed that human like this is ASICminer boardmember and used to work for ASICminer in past, this RM seems to be the next scam in bitcoin mining world which aim is to raise BTCs from Bitcoin community for 1Ph of gen3 AM chips(risk free & interest free loan) and then start trying to assemble them and retain 80% of profits for their work. I'll pass too. Sad
sr. member
Activity: 248
Merit: 250
Hi rockxie,

I understand your team need incentives to work on this project.

Would you be willing to disclose how many btc were raised by distributing the 60,000 shares?

I am sure many here would like some precise figures .

It is hard to make a judgement without the proper facts.

many thanks

full member
Activity: 196
Merit: 100
I love Bitcoin
why nobody comment on rockxie avatar,

looks like a burnt cat, over fried by AM immense hash power expectation? hehe Smiley

i would like to see new avatar resembling rockminer

Forum disabled the changing features。。 Cry
sr. member
Activity: 284
Merit: 254

6000 private shares are all belong to co-founders of ROCKMINER.
We are going to be a transparent company of course, but may not be 100% .


So the other 54000 private shares were sold to Pre-IPO investors?

What are your plans for the end of the year when AM Gen3 chip's and your assembled miner's profit margin starts to taper off?

Is there Dividend protection for IPO investors?

Sorry,made a mistake.6k should be 60k.

We have long term plan. Produce miners of GEN3 ASCIMINER  is our shortly target.We will adjust our plan according situation of market.
Thing change faster than you can imagine.

so pre-ipo will eat up some of the 15k shares,  and the rest will go up on ipo day? correct?

YES.
We have more than 10K purchase intent now.

Again:all shares with the same rights.





sr. member
Activity: 242
Merit: 250

6000 private shares are all belong to co-founders of ROCKMINER.
We are going to be a transparent company of course, but may not be 100% .


So the other 54000 private shares were sold to Pre-IPO investors?

What are your plans for the end of the year when AM Gen3 chip's and your assembled miner's profit margin starts to taper off?

Is there Dividend protection for IPO investors?

Sorry,made a mistake.6k should be 60k.

We have long term plan. Produce miners of GEN3 ASCIMINER  is our shortly target.We will adjust our plan according situation of market.
Thing change faster than you can imagine.

so pre-ipo will eat up some of the 15k shares,  and the rest will go up on ipo day? correct?
sr. member
Activity: 284
Merit: 254

6000 private shares are all belong to co-founders of ROCKMINER.
We are going to be a transparent company of course, but may not be 100% .


So the other 54000 private shares were sold to Pre-IPO investors?

What are your plans for the end of the year when AM Gen3 chip's and your assembled miner's profit margin starts to taper off?

Is there Dividend protection for IPO investors?

Sorry,made a mistake.6k should be 60k.

We have long term plan. Produce miners of GEN3 ASCIMINER  is our shortly target.We will adjust our plan according situation of market.
Things change faster than you can imagine.
sr. member
Activity: 242
Merit: 250


didn't he invested in his ability/energy/work done, etc? isn't the 80% for re-invesment?

if his "ability/energy/work done" is worth $4,000,000 he need to explain that.

i made mistake Tongue i assumed 80% you referred, is the re-investment plan, but its the 60k (80%) shares, right?

i have no clue if he will holding majority of that shares, if you mean that

edit: and maybe some of that into re-investment Smiley , i don't see re-investment plan in OP, maybe i miss? some one point me please
sr. member
Activity: 242
Merit: 250
Rockxie,

Will there be a guaranteed return on IPO prior to owner shares being paid a dividend like AM did for their IPO?

In other words, will the owner shares be receiving dividends on day 1, or will only IPO shareholders receive dividends until .15 is paid out.

Rockxie,

Could you please respond to this question?

Thank you.

He ignored it like 5 times, the answer is clearly no.

Also since he is more or less keeping 80% of the income while investing nothing, what is to stop someone from doing exactly what he is but only keep lets say 50% of the income. Would that not just kill off the value of this company?

didn't he invested in his ability/energy/work done, etc? isn't the 80% for re-invesment?
sr. member
Activity: 242
Merit: 250
why nobody comment on rockxie avatar,

looks like a burnt cat, over fried by AM immense hash power expectation? hehe Smiley

i would like to see new avatar resembling rockminer
legendary
Activity: 994
Merit: 1000
He ignored it like 5 times, the answer is clearly no.

Also since he is more or less keeping 80% of the income while investing nothing, what is to stop someone from doing exactly what he is but only keep lets say 50% of the income. Would that not just kill off the value of this company?

goatmining.com IPO incoming?
sr. member
Activity: 242
Merit: 250
Rockxie,

Will there be a guaranteed return on IPO prior to owner shares being paid a dividend like AM did for their IPO?

In other words, will the owner shares be receiving dividends on day 1, or will only IPO shareholders receive dividends until .15 is paid out.

This IPO is intended to improve ROCKMINER's influence in community and find the right parter oversea, money is secondary, and this is the reason we only raise 1500BTC. All shares with the same rights.

but you said time is money Smiley

i would like to know the answer for question above
legendary
Activity: 994
Merit: 1000
Rockxie,

Will there be a guaranteed return on IPO prior to owner shares being paid a dividend like AM did for their IPO?

In other words, will the owner shares be receiving dividends on day 1, or will only IPO shareholders receive dividends until .15 is paid out.

Rockxie,

Could you please respond to this question?

Thank you.
sr. member
Activity: 284
Merit: 254
What value is brought to the company by this 60k private shares?
What exactly do they represent

EDIT: I would be pleased to be your partner in Europe. (If conditions are right)

1 Pre-investment
2 Clear profit model and short return period .
3 hard work of 8 people team from end of 2013.
4 1P hashrate chips of ASICMINER preOrder for the first batch to start up.
5 others.


Thanks for your concern. We are looking for partner oversea and some have already contacted.
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin

6000 private shares are all belong to co-founders of ROCKMINER.
We are going to be a transparent company of course, but may not be 100% .


So the other 54000 private shares were sold to Pre-IPO investors?

What are your plans for the end of the year when AM Gen3 chip's and your assembled miner's profit margin starts to taper off?

Is there Dividend protection for IPO investors?
yxt
legendary
Activity: 3528
Merit: 1116
What value is brought to the company by this 60k private shares?
What exactly do they represent

EDIT: I would be pleased to be your partner in Europe. (If conditions are right)
sr. member
Activity: 242
Merit: 250
IPO is not a easy thing. Everything is based on trust,sorry for my pool english and sorry for not replying every question.

We have started a Pre-IPO for large users.

feels like you are rushing, how many shares will be left in ipo day for public?
sr. member
Activity: 284
Merit: 254
Rockxie,

Will there be a guaranteed return on IPO prior to owner shares being paid a dividend like AM did for their IPO?

In other words, will the owner shares be receiving dividends on day 1, or will only IPO shareholders receive dividends until .15 is paid out.

This IPO is intended to improve ROCKMINER's influence in community and find the right parter oversea, money is secondary, and this is the reason we only raise 1500BTC. All shares with the same rights.
sr. member
Activity: 284
Merit: 254
IPO is not a easy thing. Everything is based on trust,sorry for my pool english and sorry for not replying every question.

We have started a Pre-IPO for large users.
Thanks Rockxie, I'm happy to take any of your answers on trust.

could I ask you to please respond to bitcoin.newsfeed request below?
effectively:
1) what % of the 60,000 Private shares are being sold and what % are being given to founders or friends?
2) as a public company your books are expected to be open to investors, will you conduct your accounting in a transparent way for inspection on the blockchain

thank you.

Thanks, one more thing. Some math here :

We're talking about 75 000 shares, (60 000 private and 15 000 public).

... so RM should have 7500 BTCs in IPO address after sold-out IPO. 6000 from private investors and 1500 from us. One great feature of the blockchain is that is an ultimate public ledger. So the question is, can you provide the proof, that you raised 6000 BTC in private round? I just don't want to see, that you're giving shares for free to you or your friends. Shareholders are equal, right? After that we can control flow of money in company, how much will go for chips orders, how many for other expenses etc, very transparent way, thanks to blockchain.

6000 60000 private shares are all belong to co-founders of ROCKMINER.
We are going to be a transparent company of course, but may not be 100% .


edit:made a mistake. 6k should be 60k.


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