Quote from: rockxie on January 14, 2015, 04:40:23 AM

ROCKMINER shares buy back plan

Dear Shareholders,

Thank you for supporting ROCKMINER for so long term, in the past months,we designed, produced and sold thousands of miners.
RM can never be a recognized company in community, and running for so long without your investments and help.
I know you are disappointed with this situation, and feel angry about loss of money.However, as we know, BTC miners producers have suffered a long downturn term for BTC price going down in past year, lots of manufactories bankrupted as we know.
We did try our best to run the company, I still remember the first two and three months, we worked from day to night for the designing ,producing and selling, we were excited for first product R-BOX made out.Our team became a professional miners producer after months.
We were planned to save the remaining capitals for future producing investment, but after time passed and market situation changed, we dont think we have the capacity of producing new miners in next months, because we dont have chips and costs excluding chips still very high.
Whatever, we still feel very sorry about what ROCKMINER experienced ,and we plan to use 90%+ company capital to buy back all public shares to reduce investors loss.

We are going to buy back all ROCK shares based for :
1. No producing plan in next 6 months for miners producing is not profitable without chips.
2.We dont have the dividend plan in next half year except there is a new profitable project,actually its hard to find one now.
3.We are miners producing manufactory, but we lost the main business,and we need to pay daily expenditure, we have to sell BTC for keep running company.
4.The worst situation will come for point 2 and 3, which means company will bankrupt and none money left. We dont wanna that happen and being abused by people.
5.Lots of shareholders asked for how can they sell shares, for the liquid of ROCK is not good enough,buying back is the best way for them,or they cant trade in anywhere else.

Buy back price:
1. 0.05BTC/share.
2. We will spend 18750*0.05=937.5BTC for buying back all public shares.

Buying schedule:
1.We will buy back on HAVELOCKEINVESTMENTS and direct shareholders.
2.Shareholders on HAVELOCKINVESTMENTS will get payment in your account; direct shareholders will get payment in your bitcoin address directly.
3.Well complete this plan in this week.

ROCKMINER will not quit BTC industry, and will try our best to survive,such as lower salary, fire some employees.The best thing is finding some new investors, we dont think there was someone who will do this,considering current market situation,

Sincerely,
ROCKMINER Team

Can you comment on RockMiner's relationship with ASICMiner? Also, are you Rockxie, still involved with ASICMiner?